13F HOLDINGS REPORT
Kepler Cheuvreux (Suisse) SA
Quarter ended Q4 2025 · Filed February 4, 2026 · Accession 0002096459-26-000002
Total Value
$1.77B
Positions
199
Other Managers
1
Confidential Omitted
No
Holdings (199)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | NVIDIA CORP | NVDA | 223,247 | $41.6M | 2.35% |
| 2 | CISCO SYSTEMS INC | CSCO | 536,386 | $41.3M | 2.33% |
| 3 | MICROSOFT CORP | MSFT | 84,861 | $41.0M | 2.32% |
| 4 | APPLE INC | AAPL | 124,314 | $33.8M | 1.91% |
| 5 | ALPHABET INC | GOOG | 96,701 | $30.3M | 1.71% |
| 6 | ROYAL BANK OF CANADA | 780087102 | 123,808 | $29.0M | 1.64% |
| 7 | CARDINAL HEALTH INC | CAH | 140,970 | $29.0M | 1.64% |
| 8 | MASTERCARD INC | MA | 47,908 | $27.3M | 1.54% |
| 9 | VISA INC | V | 77,558 | $27.2M | 1.54% |
| 10 | CANADIAN IMPERIAL BANK | CNDIF | 208,557 | $26.0M | 1.47% |
| 11 | MICROSOFT CORP | MSFT | 53,676 | $26.0M | 1.47% |
| 12 | VISA INC | V | 71,760 | $25.2M | 1.42% |
| 13 | TJX COMPANIES INC | 872540109 | 161,898 | $24.9M | 1.40% |
| 14 | MASTERCARD INC | MA | 41,694 | $23.8M | 1.34% |
| 15 | META PLATFORMS INC | META | 35,115 | $23.2M | 1.31% |
| 16 | FOX CORP | FOX | 307,298 | $22.5M | 1.27% |
| 17 | ALPHABET INC | GOOG | 67,408 | $21.2M | 1.19% |
| 18 | CISCO SYSTEMS INC | CSCO | 266,999 | $20.6M | 1.16% |
| 19 | BOOKING HOLDINGS INC | BKNG | 3,812 | $20.4M | 1.15% |
| 20 | TJX COMPANIES INC | 872540109 | 128,065 | $19.7M | 1.11% |
| 21 | META PLATFORMS INC | META | 28,994 | $19.1M | 1.08% |
| 22 | BOOKING HOLDINGS INC | BKNG | 3,553 | $19.0M | 1.07% |
| 23 | ABBVIE INC | ABBV | 83,144 | $19.0M | 1.07% |
| 24 | COCA-COLA CO | KO | 271,477 | $19.0M | 1.07% |
| 25 | BROADCOM LTD | AVGO | 54,109 | $18.7M | 1.06% |
| 26 | AUTOMATIC DATA PROCESSING | ADP | 72,492 | $18.6M | 1.05% |
| 27 | ALPHABET INC | GOOG | 58,469 | $18.3M | 1.03% |
| 28 | NVIDIA CORP | NVDA | 97,886 | $18.3M | 1.03% |
| 29 | CME GROUP INC | CME | 66,269 | $18.1M | 1.02% |
| 30 | CARDINAL HEALTH INC | CAH | 86,605 | $17.8M | 1.00% |
| 31 | MANULIFE FINANCIAL CORP | 56501R106 | 355,194 | $17.7M | 1.00% |
| 32 | TRANE TECHNOLOGIES PLC | TT | 44,871 | $17.5M | 0.99% |
| 33 | BANK OF NOVA SCOTIA | 064149107 | 166,636 | $16.9M | 0.95% |
| 34 | COCA-COLA CO | KO | 237,449 | $16.6M | 0.94% |
| 35 | MICRON TECHNOLOGY INC | MU | 56,760 | $16.2M | 0.91% |
| 36 | AUTOMATIC DATA PROCESSING | ADP | 60,105 | $15.5M | 0.87% |
| 37 | HARTFORD FINANCIAL SERVICES | HIG-PG | 111,040 | $15.3M | 0.86% |
| 38 | TRANE TECHNOLOGIES PLC | TT | 39,239 | $15.3M | 0.86% |
| 39 | NETAPP INC | NTAP | 139,316 | $14.9M | 0.84% |
| 40 | REPUBLIC SERVICES INC | 760759100 | 70,225 | $14.9M | 0.84% |
| 41 | COGNIZANT TECH SOLUTIONS | CTSH | 177,856 | $14.8M | 0.83% |
| 42 | CREDICORP LTD | BAP | 50,848 | $14.6M | 0.82% |
| 43 | LAM RESEARCH CORP | LRCX | 84,702 | $14.5M | 0.82% |
| 44 | PFIZER INC | PFE | 573,684 | $14.3M | 0.81% |
| 45 | LAM RESEARCH CORP | LRCX | 82,050 | $14.0M | 0.79% |
| 46 | SIMON PROPERTY GROUP INC | 828806109 | 74,610 | $13.8M | 0.78% |
| 47 | AERCAP HOLDINGS NV | AER | 93,295 | $13.4M | 0.76% |
| 48 | INTL BUSINESS MACHINES CORP | INTR | 44,888 | $13.3M | 0.75% |
| 49 | PRAXAIR INC | LIN | 31,112 | $13.3M | 0.75% |
| 50 | APPLE INC | AAPL | 48,635 | $13.2M | 0.75% |
| 51 | REPUBLIC SERVICES INC | 760759100 | 61,932 | $13.1M | 0.74% |
| 52 | PUBLIC SERVICE ENTRP GRP INC | 744573106 | 161,479 | $13.0M | 0.73% |
| 53 | ROYAL BANK OF CANADA | 780087102 | 54,240 | $12.7M | 0.72% |
| 54 | ABBVIE INC | ABBV | 54,070 | $12.4M | 0.70% |
| 55 | FOX CORP | FOX | 186,943 | $12.1M | 0.69% |
| 56 | PRAXAIR INC | LIN | 27,499 | $11.7M | 0.66% |
| 57 | KLA-TENCOR CORP | KLAC | 9,529 | $11.6M | 0.65% |
| 58 | MERCK & CO | MRK | 109,018 | $11.5M | 0.65% |
| 59 | BROADCOM LTD | AVGO | 32,459 | $11.2M | 0.63% |
| 60 | KLA-TENCOR CORP | KLAC | 9,190 | $11.2M | 0.63% |
| 61 | FOX CORP | FOX | 148,010 | $10.8M | 0.61% |
| 62 | GENERAL ELECTRIC CO | 369604301 | 34,868 | $10.7M | 0.61% |
| 63 | BANK OF NEW YORK MELLON CORP | 064058100 | 92,072 | $10.7M | 0.60% |
| 64 | SS&C TECHNOLOGIES HLDGS INC | SSNC | 121,773 | $10.6M | 0.60% |
| 65 | JOHNSON & JOHNSON | JNJ | 51,431 | $10.6M | 0.60% |
| 66 | CATERPILLAR INC | CAT | 18,277 | $10.5M | 0.59% |
| 67 | MEDTRONIC PLC | MDT | 108,189 | $10.4M | 0.59% |
| 68 | JPMORGAN CHASE & CO | VYLD | 31,888 | $10.3M | 0.58% |
| 69 | CATERPILLAR INC | CAT | 17,929 | $10.3M | 0.58% |
| 70 | CGI GROUP INC -CL A | GIB | 78,358 | $9.9M | 0.56% |
| 71 | INTUIT INC | INTU | 14,934 | $9.9M | 0.56% |
| 72 | CANADIAN IMPERIAL BANK | CNDIF | 78,682 | $9.8M | 0.55% |
| 73 | SUN LIFE FINANCIAL INC | SUNFF | 110,414 | $9.5M | 0.53% |
| 74 | INTUIT INC | INTU | 14,152 | $9.4M | 0.53% |
| 75 | NXP SEMICONDUCTORS NV | NXPI | 42,879 | $9.3M | 0.53% |
| 76 | GENERAL ELECTRIC CO | 369604301 | 29,394 | $9.1M | 0.51% |
| 77 | JOHNSON & JOHNSON | JNJ | 43,309 | $9.0M | 0.51% |
| 78 | QUALCOMM INC | QCOM | 52,175 | $8.9M | 0.50% |
| 79 | AMAZON.COM INC | AMZN | 37,942 | $8.8M | 0.49% |
| 80 | ALLEGION PLC | ALLE | 51,757 | $8.2M | 0.47% |
| 81 | SIMON PROPERTY GROUP INC | 828806109 | 43,931 | $8.1M | 0.46% |
| 82 | BANK OF NOVA SCOTIA | 064149107 | 79,887 | $8.1M | 0.46% |
| 83 | AMPHENOL CORP | 032095101 | 59,431 | $8.0M | 0.45% |
| 84 | CUMMINS INC | CMI | 15,416 | $7.9M | 0.44% |
| 85 | F5 NETWORKS INC | FFIV | 30,673 | $7.8M | 0.44% |
| 86 | ENBRIDGE INC | ENNPF | 118,841 | $7.8M | 0.44% |
| 87 | T-MOBILE US INC | TMUSZ | 38,092 | $7.7M | 0.44% |
| 88 | PAYCHEX INC | PAYX | 67,709 | $7.6M | 0.43% |
| 89 | COCA-COLA EUROPEAN PARTNERS | CCEP | 81,899 | $7.4M | 0.42% |
| 90 | CDW CORP | CDW | 53,376 | $7.3M | 0.41% |
| 91 | ZOOM VIDEO COMUNICATIONS INC | ZM | 83,599 | $7.2M | 0.41% |
| 92 | WAL-MART STORES INC | WMT | 64,743 | $7.2M | 0.41% |
| 93 | CME GROUP INC | CME | 25,703 | $7.0M | 0.40% |
| 94 | ATMOS ENERGY CORP | ATO | 41,595 | $7.0M | 0.39% |
| 95 | VERISIGN INC | VRSN | 28,279 | $6.9M | 0.39% |
| 96 | INTL BUSINESS MACHINES CORP | INTR | 23,194 | $6.9M | 0.39% |
| 97 | TE CONNECTIVITY LTD | TEL | 30,067 | $6.8M | 0.39% |
| 98 | VERISIGN INC | VRSN | 27,857 | $6.8M | 0.38% |
| 99 | ALLEGION PLC | ALLE | 41,569 | $6.6M | 0.37% |
| 100 | BANK OF MONTREAL | 063671101 | 34,266 | $6.1M | 0.34% |
| 101 | AMPHENOL CORP | 032095101 | 44,067 | $6.0M | 0.34% |
| 102 | TESLA INC | TSLA | 13,211 | $5.9M | 0.34% |
| 103 | TE CONNECTIVITY LTD | TEL | 25,562 | $5.8M | 0.33% |
| 104 | GILEAD SCIENCES INC | GILD | 46,909 | $5.8M | 0.33% |
| 105 | PINTEREST INC | PINS | 221,256 | $5.7M | 0.32% |
| 106 | PROCTER & GAMBLE CO | 742718109 | 38,297 | $5.5M | 0.31% |
| 107 | AUTODESK INC | ADSK | 18,487 | $5.5M | 0.31% |
| 108 | MOODY'S CORP | MCO | 10,450 | $5.3M | 0.30% |
| 109 | SEMPRA ENERGY | SREA | 58,875 | $5.2M | 0.29% |
| 110 | SUN LIFE FINANCIAL INC | SUNFF | 59,946 | $5.1M | 0.29% |
| 111 | CENCORA INC | COR | 15,120 | $5.1M | 0.29% |
| 112 | AUTODESK INC | ADSK | 17,008 | $5.0M | 0.28% |
| 113 | BANK OF NEW YORK MELLON CORP | 064058100 | 42,591 | $4.9M | 0.28% |
| 114 | W P CAREY INC | 92936U109 | 73,063 | $4.7M | 0.27% |
| 115 | CENCORA INC | COR | 13,804 | $4.7M | 0.26% |
| 116 | KEURIG GREEN MOUNTAIN INC | KDP | 159,373 | $4.5M | 0.25% |
| 117 | EXPEDIA INC | EXPE | 15,723 | $4.5M | 0.25% |
| 118 | AMETEK INC | AME | 21,695 | $4.5M | 0.25% |
| 119 | GILEAD SCIENCES INC | GILD | 35,700 | $4.4M | 0.25% |
| 120 | PAYCHEX INC | PAYX | 35,965 | $4.0M | 0.23% |
| 121 | MANULIFE FINANCIAL CORP | 56501R106 | 79,010 | $3.9M | 0.22% |
| 122 | PARKER-HANNIFIN CORP | PH | 4,140 | $3.6M | 0.21% |
| 123 | PEPSICO INC | PEP | 25,294 | $3.6M | 0.20% |
| 124 | AMERIPRISE FINANCIAL INC | 03076C106 | 7,397 | $3.6M | 0.20% |
| 125 | METLIFE INC | MET-PF | 45,936 | $3.6M | 0.20% |
| 126 | WAL-MART STORES INC | WMT | 32,190 | $3.6M | 0.20% |
| 127 | TORONTO DOMINION BANK | TORO | 27,626 | $3.6M | 0.20% |
| 128 | CREDICORP LTD | BAP | 12,395 | $3.6M | 0.20% |
| 129 | ATMOS ENERGY CORP | ATO | 21,082 | $3.5M | 0.20% |
| 130 | LABORATORY CP OF AMER HLDGS | LH | 13,507 | $3.4M | 0.19% |
| 131 | MCDONALD'S CORP | MCD | 10,894 | $3.3M | 0.19% |
| 132 | W P CAREY INC | 92936U109 | 51,721 | $3.3M | 0.19% |
| 133 | AXA EQUITABLE HOLDINGS | EQH-PC | 69,828 | $3.3M | 0.19% |
| 134 | O'REILLY AUTOMOTIVE INC | 67103H107 | 35,012 | $3.2M | 0.18% |
| 135 | PDD HOLDINGS INC | PDD | 28,007 | $3.2M | 0.18% |
| 136 | ILLINOIS TOOL WORKS | 452308109 | 12,846 | $3.2M | 0.18% |
| 137 | BANK OF AMERICA CORP | 060505104 | 56,678 | $3.1M | 0.18% |
| 138 | F5 NETWORKS INC | FFIV | 12,088 | $3.1M | 0.17% |
| 139 | LILLY (ELI) & CO | LLY | 2,806 | $3.0M | 0.17% |
| 140 | BROADRIDGE FINANCIAL SOLUTNS | 11133T103 | 13,324 | $3.0M | 0.17% |
| 141 | DISNEY (WALT) CO | 254687106 | 24,521 | $2.8M | 0.16% |
| 142 | MEDTRONIC PLC | MDT | 28,737 | $2.8M | 0.16% |
| 143 | ABBOTT LABORATORIES | ABLZF | 21,810 | $2.7M | 0.15% |
| 144 | CINTAS CORP | CTAS | 14,448 | $2.7M | 0.15% |
| 145 | ALLSTATE CORP | ALL-PJ | 12,917 | $2.7M | 0.15% |
| 146 | HARTFORD FINANCIAL SERVICES | HIG-PG | 19,235 | $2.7M | 0.15% |
| 147 | AMERICAN EXPRESS CO | AXP | 7,004 | $2.6M | 0.15% |
| 148 | MONSTER BEVERAGE CORP | MNST | 33,387 | $2.6M | 0.14% |
| 149 | NORDSON CORP | NDSN | 10,577 | $2.5M | 0.14% |
| 150 | INTERACTIVE BROKERS GROUP | 45841N107 | 39,464 | $2.5M | 0.14% |
| 151 | ARES MANAGEMENT CORP | ARES-PB | 15,494 | $2.5M | 0.14% |
| 152 | DECKERS OUTDOOR CORP | DECK | 23,381 | $2.4M | 0.14% |
| 153 | MOTOROLA SOLUTIONS INC | MSI | 6,308 | $2.4M | 0.14% |
| 154 | JOHNSON CONTROLS INTL PLC | G51502105 | 19,711 | $2.4M | 0.13% |
| 155 | PRINCIPAL FINANCIAL GRP INC | PFG | 25,678 | $2.3M | 0.13% |
| 156 | PENTAIR PLC | PNR | 21,477 | $2.2M | 0.13% |
| 157 | PPG INDUSTRIES INC | 693506107 | 21,244 | $2.2M | 0.12% |
| 158 | JACOBS ENGINEERING GROUP INC | J | 16,317 | $2.2M | 0.12% |
| 159 | SHERWIN-WILLIAMS CO | SHW | 6,651 | $2.2M | 0.12% |
| 160 | ZOETIS INC | ZTS | 16,056 | $2.0M | 0.11% |
| 161 | ARCH CAPITAL GROUP LTD | G0450A105 | 20,772 | $2.0M | 0.11% |
| 162 | COSTCO WHOLESALE CORP | 22160K105 | 2,258 | $1.9M | 0.11% |
| 163 | S&P GLOBAL INC | SPGI | 3,723 | $1.9M | 0.11% |
| 164 | ECOLAB INC | ECL | 7,197 | $1.9M | 0.11% |
| 165 | MARSH & MCLENNAN COS | 571748102 | 10,089 | $1.9M | 0.11% |
| 166 | SYNCHRONY FINANCIAL | SYF-PB | 21,999 | $1.8M | 0.10% |
| 167 | NETFLIX INC | NFLX | 19,240 | $1.8M | 0.10% |
| 168 | ARISTA NETWORKS INC | ANET | 13,700 | $1.8M | 0.10% |
| 169 | PROGRESSIVE CORP-OHIO | 743315103 | 7,877 | $1.8M | 0.10% |
| 170 | AUTOHOME INC -ADR | ATHM | 76,381 | $1.7M | 0.10% |
| 171 | HILTON WORLDWIDE HOLDINGS | HLT | 5,857 | $1.7M | 0.09% |
| 172 | ORACLE CORP | ORCL-PD | 8,516 | $1.7M | 0.09% |
| 173 | ARCONIC INC | HWM | 7,428 | $1.5M | 0.09% |
| 174 | ENBRIDGE INC | ENNPF | 22,603 | $1.5M | 0.08% |
| 175 | TRAVELERS COS INC | TRV | 5,022 | $1.5M | 0.08% |
| 176 | LAS VEGAS SANDS CORP | LVS | 20,377 | $1.3M | 0.07% |
| 177 | QUINTILES IMS HOLDINGS INC | IQV | 5,454 | $1.2M | 0.07% |
| 178 | GRAB HOLDINGS LIMITED | GRABW | 241,710 | $1.2M | 0.07% |
| 179 | EBAY INC | EBAY | 13,693 | $1.2M | 0.07% |
| 180 | CADENCE DESIGN SYSTEMS INC | CDNS | 3,761 | $1.2M | 0.07% |
| 181 | SALESFORCE.COM INC | CRM | 4,424 | $1.2M | 0.07% |
| 182 | GOLDMAN SACHS GROUP INC | GSCE | 1,285 | $1.1M | 0.06% |
| 183 | STRYKER CORP | SYK | 3,201 | $1.1M | 0.06% |
| 184 | SERVICENOW INC | NOW | 7,245 | $1.1M | 0.06% |
| 185 | METTLER-TOLEDO INTL INC | MTD | 786 | $1.1M | 0.06% |
| 186 | APOLLO GLOBAL MANAGEMENT LLC | 03769M106 | 6,985 | $1.0M | 0.06% |
| 187 | CINCINNATI FINANCIAL CORP | 172062101 | 6,153 | $1.0M | 0.06% |
| 188 | MORGAN STANLEY | MS-PQ | 5,628 | $999,138 | 0.06% |
| 189 | UDR INC | UDR | 25,779 | $945,573 | 0.05% |
| 190 | VERTIV HOLDINGS CO | VRT | 5,436 | $880,686 | 0.05% |
| 191 | CLOUDFLARE INC | NET | 4,410 | $869,431 | 0.05% |
| 192 | ESSEX PROPERTY TRUST | 297178105 | 3,274 | $856,740 | 0.05% |
| 193 | MID-AMERICA APT CMNTYS INC | 59522J103 | 5,572 | $774,006 | 0.04% |
| 194 | NASDAQ INC | NDAQ | 7,703 | $748,192 | 0.04% |
| 195 | NUTANIX INC | NTNX | 13,798 | $713,218 | 0.04% |
| 196 | MONSTER BEVERAGE CORP | MNST | 8,855 | $678,912 | 0.04% |
| 197 | EATON CORP PLC | ETN | 2,054 | $654,219 | 0.04% |
| 198 | FASTENAL CO | FAST | 11,397 | $457,361 | 0.03% |
| 199 | REALTY INCOME CORP | O | 7,657 | $431,624 | 0.02% |