13F HOLDINGS REPORT
Nutshell Asset Management Ltd
Quarter ended Q3 2025 · Filed November 13, 2025 · Accession 0002021442-25-000005
Total Value
$209.6M
Positions
26
Other Managers
0
Confidential Omitted
No
Holdings (26)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | SPDR SERIES TRUST | 78468R663 | 340,000 | $31.2M | 14.88% |
| 2 | FORTINET INC | FTNT | 237,877 | $20.0M | 9.54% |
| 3 | MASTERCARD INCORPORATED | MA | 31,945 | $18.2M | 8.67% |
| 4 | NVIDIA CORPORATION | NVDA | 81,283 | $15.2M | 7.23% |
| 5 | ADOBE INC | ADBE | 39,765 | $14.0M | 6.69% |
| 6 | ALPHABET INC | GOOG | 49,409 | $12.0M | 5.73% |
| 7 | AUTOMATIC DATA PROCESSING IN | ADP | 38,791 | $11.4M | 5.43% |
| 8 | MICROSOFT CORP | MSFT | 19,770 | $10.2M | 4.88% |
| 9 | TRADEWEB MKTS INC | 892672106 | 89,957 | $10.0M | 4.76% |
| 10 | MEDPACE HLDGS INC | MEDP | 18,712 | $9.6M | 4.59% |
| 11 | MSCI INC | MSCI | 15,553 | $8.8M | 4.21% |
| 12 | VISA INC | V | 17,350 | $5.9M | 2.83% |
| 13 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 18,584 | $5.2M | 2.48% |
| 14 | META PLATFORMS INC | META | 6,945 | $5.1M | 2.43% |
| 15 | COPART INC | CPRT | 90,275 | $4.1M | 1.94% |
| 16 | ACCENTURE PLC IRELAND | ACN | 14,250 | $3.5M | 1.68% |
| 17 | FISERV INC | FISV | 26,500 | $3.4M | 1.63% |
| 18 | CAL MAINE FOODS INC | CALM | 36,300 | $3.4M | 1.63% |
| 19 | BOOKING HOLDINGS INC | BKNG | 613 | $3.3M | 1.58% |
| 20 | AUTOZONE INC | AZO | 736 | $3.2M | 1.51% |
| 21 | HENRY JACK AND ASSOC INC | 426281101 | 19,800 | $2.9M | 1.41% |
| 22 | OREILLY AUTOMOTIVE INC | 67103H107 | 20,200 | $2.2M | 1.04% |
| 23 | DECKERS OUTDOOR CORP | DECK | 20,500 | $2.1M | 0.99% |
| 24 | ISHARES TR | 46429B655 | 40,026 | $2.0M | 0.98% |
| 25 | CHECK POINT SOFTWARE TECH LT | M22465104 | 9,000 | $1.9M | 0.89% |
| 26 | AMERICAN EXPRESS CO | AXP | 2,400 | $797,184 | 0.38% |