13F HOLDINGS REPORT
Varenne Capital Partners
Quarter ended Q4 2025 · Filed February 17, 2026 · Accession 0000945621-26-000325
Total Value
$520.9M
Positions
28
Other Managers
0
Confidential Omitted
No
Holdings (28)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | TE CONNECTIVITY PLC | TEL | 284,802 | $64.8M | 12.45% |
| 2 | ARISTA NETWORKS INC | ANET | 442,083 | $58.0M | 11.13% |
| 3 | WABTEC | 929740108 | 263,672 | $56.3M | 10.81% |
| 4 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 182,745 | $55.6M | 10.67% |
| 5 | ON HLDG AG | H5919C904 | 35,700 | $29.9M | 5.74% |
| 6 | ELI LILLY & CO | LLY | 25,716 | $27.6M | 5.31% |
| 7 | XYLEM INC | XYL | 199,927 | $27.2M | 5.23% |
| 8 | AMPHENOL CORP NEW | 032095101 | 183,750 | $24.8M | 4.77% |
| 9 | MICROSOFT CORP | MSFT | 51,246 | $24.8M | 4.76% |
| 10 | UBER TECHNOLOGIES INC | UBER | 272,382 | $22.3M | 4.27% |
| 11 | NETFLIX INC | NFLX | 235,621 | $22.1M | 4.24% |
| 12 | AUTODESK INC | ADSK | 74,092 | $21.9M | 4.21% |
| 13 | CORNING INC | GLW | 241,150 | $21.1M | 4.06% |
| 14 | ANALOG DEVICES INC | ADI | 74,780 | $20.3M | 3.90% |
| 15 | UNIVERSAL HLTH SVCS INC | 913903100 | 33,940 | $7.4M | 1.42% |
| 16 | NIKE INC | NKE | 20,700 | $5.2M | 1.00% |
| 17 | GE VERNOVA INC | GEV | 7,818 | $5.1M | 0.98% |
| 18 | MICRON TECHNOLOGY INC | MU | 15,847 | $4.5M | 0.87% |
| 19 | BROADCOM INC | AVGO | 9,430 | $3.3M | 0.63% |
| 20 | BOOKING HOLDINGS INC | BKNG | 583 | $3.1M | 0.60% |
| 21 | NIKE INC | NKE | 10,400 | $3.0M | 0.57% |
| 22 | AIR LEASE CORP | AIIR | 45,888 | $2.9M | 0.57% |
| 23 | CHART INDS INC | 16115Q308 | 12,000 | $2.5M | 0.48% |
| 24 | HOLOGIC INC | HOLX | 29,116 | $2.2M | 0.42% |
| 25 | NIKE INC | NKE | 6,700 | $2.0M | 0.38% |
| 26 | GE HEALTHCARE TECHNOLOGIES I | GEHC | 17,357 | $1.4M | 0.27% |
| 27 | PAYPAL HLDGS INC | PYPL | 21,031 | $1.2M | 0.24% |
| 28 | QNITY ELECTRONICS INC | Q | 3,077 | $251,350 | 0.05% |