13F HOLDINGS REPORT
Thematics Asset Management
Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0001104659-25-111995
Total Value
$2.20B
Positions
125
Other Managers
1
Confidential Omitted
No
Holdings (125)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | NVIDIA CORPORATION | NVDA | 581,083 | $108.4M | 4.92% |
| 2 | SERVICENOW INC | NOW | 79,558 | $73.2M | 3.32% |
| 3 | SYNOPSYS INC | SNPS | 142,535 | $70.3M | 3.19% |
| 4 | CADENCE DESIGN SYSTEM INC | CDNS | 146,965 | $51.6M | 2.34% |
| 5 | SNOWFLAKE INC | SNOW | 199,260 | $44.9M | 2.04% |
| 6 | CLEAN HARBORS INC | CLH | 192,300 | $44.7M | 2.03% |
| 7 | ELASTIC N V | ESTC | 523,283 | $44.2M | 2.01% |
| 8 | ALPHABET INC | GOOG | 180,819 | $44.0M | 1.99% |
| 9 | PTC INC | PTC | 211,207 | $42.9M | 1.95% |
| 10 | NVENT ELECTRIC PLC | NVT | 424,873 | $41.9M | 1.90% |
| 11 | VERTIV HOLDINGS CO | VRT | 265,879 | $40.1M | 1.82% |
| 12 | ECOLAB INC | ECL | 134,873 | $36.9M | 1.68% |
| 13 | INTUITIVE SURGICAL INC | ISRG | 77,935 | $34.9M | 1.58% |
| 14 | MICROSOFT CORP | MSFT | 66,712 | $34.6M | 1.57% |
| 15 | CROWDSTRIKE HLDGS INC | CRWD | 66,702 | $32.7M | 1.48% |
| 16 | MONGODB INC | MDB | 104,601 | $32.5M | 1.47% |
| 17 | HOLOGIC INC | HOLX | 466,255 | $31.5M | 1.43% |
| 18 | THERMO FISHER SCIENTIFIC INC | TMO | 60,484 | $29.3M | 1.33% |
| 19 | JBT MAREL CORPORATION | JBTM | 208,552 | $29.3M | 1.33% |
| 20 | MOTOROLA SOLUTIONS INC | MSI | 63,926 | $29.2M | 1.33% |
| 21 | STERIS PLC | STE | 114,736 | $28.4M | 1.29% |
| 22 | BROADCOM INC | AVGO | 85,831 | $28.3M | 1.29% |
| 23 | ZSCALER INC | ZS | 94,104 | $28.2M | 1.28% |
| 24 | BENTLEY SYS INC | BSY | 531,483 | $27.4M | 1.24% |
| 25 | EQUINIX INC | EQIX | 34,582 | $27.1M | 1.23% |
| 26 | OSI SYSTEMS INC | OSIS | 106,411 | $26.5M | 1.20% |
| 27 | ROLLINS INC | ROL | 450,005 | $26.4M | 1.20% |
| 28 | DIGITAL RLTY TR INC | 253868103 | 151,408 | $26.2M | 1.19% |
| 29 | API GROUP CORP | APG | 744,569 | $25.6M | 1.16% |
| 30 | ADVANCED MICRO DEVICES INC | AMD | 155,867 | $25.2M | 1.14% |
| 31 | VARONIS SYS INC | VRNS | 434,697 | $25.0M | 1.13% |
| 32 | DEXCOM INC | DXCM | 362,294 | $24.4M | 1.11% |
| 33 | KLA CORP | KLAC | 21,938 | $23.7M | 1.07% |
| 34 | PALO ALTO NETWORKS INC | PANW | 112,364 | $22.9M | 1.04% |
| 35 | APTIV PLC | APTV | 261,454 | $22.5M | 1.02% |
| 36 | CORE & MAIN INC | CNM | 418,000 | $22.5M | 1.02% |
| 37 | PROCEPT BIOROBOTICS CORP | PRCT | 630,053 | $22.5M | 1.02% |
| 38 | MANHATTAN ASSOCIATES INC | MANH | 109,238 | $22.4M | 1.02% |
| 39 | WASTE CONNECTIONS INC | WCN | 118,469 | $20.8M | 0.95% |
| 40 | SPS COMM INC | SPSC | 196,914 | $20.5M | 0.93% |
| 41 | SENTINELONE INC | S | 1,158,750 | $20.4M | 0.93% |
| 42 | ADVANCED DRAIN SYS INC DEL | 00790R104 | 145,500 | $20.2M | 0.92% |
| 43 | CELLEBRITE DI LTD | CLBT | 1,066,850 | $19.8M | 0.90% |
| 44 | WABTEC | 929740108 | 94,141 | $18.9M | 0.86% |
| 45 | TYLER TECHNOLOGIES INC | TYL | 35,170 | $18.4M | 0.84% |
| 46 | ROPER TECHNOLOGIES INC | ROP | 36,820 | $18.4M | 0.83% |
| 47 | AXON ENTERPRISE INC | AXON | 25,568 | $18.3M | 0.83% |
| 48 | AUTODESK INC | ADSK | 57,386 | $18.2M | 0.83% |
| 49 | DANAHER CORPORATION | 235851102 | 91,702 | $18.2M | 0.83% |
| 50 | MEDTRONIC PLC | MDT | 184,899 | $17.6M | 0.80% |
| 51 | IDEX CORP | 45167R104 | 108,154 | $17.6M | 0.80% |
| 52 | ESSENTIAL UTILS INC | 29670G102 | 412,726 | $16.5M | 0.75% |
| 53 | JFROG LTD | FROG | 346,739 | $16.4M | 0.74% |
| 54 | XYLEM INC | XYL | 109,373 | $16.1M | 0.73% |
| 55 | ZEBRA TECHNOLOGIES CORPORATI | ZBRA | 53,188 | $15.8M | 0.72% |
| 56 | CRYOPORT INC | CYRX | 1,638,623 | $15.5M | 0.70% |
| 57 | FERGUSON ENTERPRISES INC | FERG | 68,804 | $15.5M | 0.70% |
| 58 | SHIFT4 PMTS INC | 82452J109 | 196,367 | $15.2M | 0.69% |
| 59 | LITTELFUSE INC | LFUS | 58,303 | $15.1M | 0.69% |
| 60 | MSA SAFETY INC | MNESP | 86,935 | $15.0M | 0.68% |
| 61 | AECOM | ACM | 112,081 | $14.6M | 0.66% |
| 62 | VERALTO CORP | VLTO | 129,882 | $13.8M | 0.63% |
| 63 | SYMBOTIC INC | SYM | 255,465 | $13.8M | 0.62% |
| 64 | APPLIED INDL TECHNOLOGIES IN | 03820C105 | 51,335 | $13.4M | 0.61% |
| 65 | PENTAIR PLC | PNR | 119,237 | $13.2M | 0.60% |
| 66 | WASTE MGMT INC DEL | 94106L109 | 59,403 | $13.1M | 0.60% |
| 67 | GENERAC HLDGS INC | GNRC | 77,742 | $13.0M | 0.59% |
| 68 | FISERV INC | FISV | 96,135 | $12.4M | 0.56% |
| 69 | FORTUNE BRANDS INNOVATIONS I | FBIN | 230,136 | $12.3M | 0.56% |
| 70 | TRANSUNION | TRU | 144,722 | $12.1M | 0.55% |
| 71 | AMERICAN WTR WKS CO INC NEW | 030420103 | 85,742 | $11.9M | 0.54% |
| 72 | TETRA TECH INC NEW | TTEK | 345,750 | $11.5M | 0.52% |
| 73 | AGILENT TECHNOLOGIES INC | A | 89,657 | $11.5M | 0.52% |
| 74 | SMITH A O CORP | AOS | 147,000 | $10.8M | 0.49% |
| 75 | MODINE MFG CO | 607828100 | 67,000 | $9.5M | 0.43% |
| 76 | HEALTHEQUITY INC | HQY | 99,242 | $9.4M | 0.43% |
| 77 | ZURN ELKAY WATER SOLNS CORP | 98983L108 | 197,277 | $9.3M | 0.42% |
| 78 | MIDDLESEX WTR CO | 596680108 | 171,000 | $9.3M | 0.42% |
| 79 | CINTAS CORP | CTAS | 44,997 | $9.2M | 0.42% |
| 80 | ARGENX SE | ARGX | 11,576 | $8.5M | 0.39% |
| 81 | NASDAQ INC | NDAQ | 95,567 | $8.5M | 0.38% |
| 82 | BOSTON SCIENTIFIC CORP | BSX | 83,346 | $8.1M | 0.37% |
| 83 | INTUIT | INTU | 11,327 | $7.7M | 0.35% |
| 84 | S&P GLOBAL INC | SPGI | 15,488 | $7.5M | 0.34% |
| 85 | MSCI INC | MSCI | 12,742 | $7.2M | 0.33% |
| 86 | RAPID7 INC | RPD | 376,738 | $7.1M | 0.32% |
| 87 | HUBSPOT INC | HUBS | 14,553 | $6.8M | 0.31% |
| 88 | COSTAR GROUP INC | CSGP | 79,915 | $6.7M | 0.31% |
| 89 | ELI LILLY & CO | LLY | 8,655 | $6.6M | 0.30% |
| 90 | COSTCO WHSL CORP NEW | 22160K105 | 6,978 | $6.5M | 0.29% |
| 91 | H2O AMERICA | HTO | 132,246 | $6.4M | 0.29% |
| 92 | T-MOBILE US INC | TMUSZ | 26,625 | $6.4M | 0.29% |
| 93 | ADOBE INC | ADBE | 17,899 | $6.3M | 0.29% |
| 94 | LABCORP HOLDINGS INC | LH | 21,459 | $6.2M | 0.28% |
| 95 | MASCO CORP | MAS | 83,517 | $5.9M | 0.27% |
| 96 | STRYKER CORPORATION | SYK | 15,021 | $5.6M | 0.25% |
| 97 | PLANET FITNESS INC | PLNT | 52,483 | $5.4M | 0.25% |
| 98 | BJS WHSL CLUB HLDGS INC | 05550J101 | 57,453 | $5.4M | 0.24% |
| 99 | ALCON AG | ALC | 71,249 | $5.3M | 0.24% |
| 100 | VERTEX PHARMACEUTICALS INC | VRTX | 12,629 | $4.9M | 0.22% |
| 101 | NATERA INC | NTRA | 30,715 | $4.9M | 0.22% |
| 102 | ORACLE CORP | ORCL-PD | 17,434 | $4.9M | 0.22% |
| 103 | METTLER TOLEDO INTERNATIONAL | MTD | 3,901 | $4.8M | 0.22% |
| 104 | VERIZON COMMUNICATIONS INC | VZ | 105,154 | $4.6M | 0.21% |
| 105 | CALIFORNIA WTR SVC GROUP | 130788102 | 100,470 | $4.6M | 0.21% |
| 106 | TORO CO | TORO | 60,473 | $4.6M | 0.21% |
| 107 | NETFLIX INC | NFLX | 3,809 | $4.6M | 0.21% |
| 108 | WIX COM LTD | WIX | 25,648 | $4.6M | 0.21% |
| 109 | DESCARTES SYS GROUP INC | 249906108 | 48,085 | $4.5M | 0.21% |
| 110 | CVS HEALTH CORP | CVS | 58,627 | $4.4M | 0.20% |
| 111 | NEW YORK TIMES CO | NYT | 71,462 | $4.1M | 0.19% |
| 112 | MERCK & CO INC | MRK | 47,963 | $4.0M | 0.18% |
| 113 | UNITI GROUP LLC | UNIT | 637,271 | $3.9M | 0.18% |
| 114 | EXACT SCIENCES CORP | 30063P105 | 71,253 | $3.9M | 0.18% |
| 115 | DISNEY WALT CO | 254687106 | 33,564 | $3.8M | 0.17% |
| 116 | AMAZON COM INC | AMZN | 17,195 | $3.8M | 0.17% |
| 117 | IQVIA HLDGS INC | IQV | 19,631 | $3.7M | 0.17% |
| 118 | ALARM COM HLDGS INC | ALRM | 68,345 | $3.6M | 0.16% |
| 119 | GARMIN LTD | GRMN | 14,528 | $3.6M | 0.16% |
| 120 | TOAST INC | TOST | 95,612 | $3.5M | 0.16% |
| 121 | ATLASSIAN CORPORATION | TEAM | 21,661 | $3.5M | 0.16% |
| 122 | UNITEDHEALTH GROUP INC | UNH | 9,243 | $3.2M | 0.14% |
| 123 | SPROUTS FMRS MKT INC | 85208M102 | 27,284 | $3.0M | 0.13% |
| 124 | ALNYLAM PHARMACEUTICALS INC | ALNY | 6,125 | $2.8M | 0.13% |
| 125 | PROGYNY INC | PGNY | 123,967 | $2.7M | 0.12% |