Institutional Manager · CIK 0001619124

Cardano Risk Management B.V.

ROTTERDAM, P7 · File #028-19140

Latest AUM

$9.94B

Positions

Top-10 Concentration

68.4%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	NVIDIA	NVDA	+70,283,539	+$1.3M	-$1.3M
ADD	MICROSOFT CORP	MSFT	+21,231,333	+$1.0M	-$1.1M
ADD	APPLE COMPUTER INC	AAPL	+37,746,784	+$1.0M	-$963,913
ADD	AMAZON.COM	AMZN	+25,017,588	+$577,456	-$558,971
ADD	ALPHABET INC	GOOG	+15,830,754	+$496,769	-$395,027
ADD	ALPHABET INC	GOOG	+13,004,828	+$407,051	-$322,031
ADD	BROADCOM INC	AVGO	+11,414,701	+$395,063	-$376,536
ADD	TESLA INC	TSLA	+7,367,507	+$331,331	-$333,610
ADD	VISA INC-CLASS A SHARES	V	+7,364,762	+$258,290	-$260,009
ADD	JPMORGAN CHASE & CO	VYLD	+7,796,814	+$251,229	-$248,293

Sector Allocation

Technology

49.4%$4.9M

Consumer Discretionary

12.6%$1.2M

6.2%$612,522

5.7%$564,215

2.3%$224,755

1.8%$176,581

Communication Services

1.3%$127,443

Consumer Staples

1.0%$100,895

Filing History

Feb 13, 202613F HOLDINGS REPORTQ/E Dec 202535 pos · $9.94B
Nov 7, 202513F HOLDINGS REPORTQ/E Sep 202532 pos · $9.41B
Jul 24, 202513F HOLDINGS REPORTQ/E Jun 202527 pos · $7.81B
Jul 24, 202513F HOLDINGS REPORTQ/E Jun 202525 pos · $6.29B
Jan 13, 202513F HOLDINGS REPORTQ/E Dec 202423 pos · $6.52B
Nov 7, 202413F HOLDINGS REPORTQ/E Sep 202419 pos · $5.65B
Jul 31, 202413F HOLDINGS REPORTQ/E Jun 202417 pos · $5.1M
Apr 11, 202413F HOLDINGS REPORTQ/E Mar 202413 pos · $3.22B
Oct 26, 202313F HOLDINGS REPORTQ/E Dec 20235 pos · $1.23B

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	NVIDIA	NVDA	78,123,960	$1.5M	14.73%
2	APPLE COMPUTER INC	AAPL	41,984,810	$1.1M	11.54%
3	MICROSOFT CORP	MSFT	23,568,250	$1.1M	11.52%
4	AMAZON.COM	AMZN	27,862,400	$643,120	6.50%
5	ALPHABET INC	GOOG	17,692,600	$555,194	5.61%
6	ALPHABET INC	GOOG	14,525,280	$454,641	4.60%
7	BROADCOM INC	AVGO	12,689,800	$439,194	4.44%
8	TESLA INC	TSLA	8,202,060	$368,863	3.73%
9	VISA INC-CLASS A SHARES	V	8,213,610	$288,060	2.91%
10	JPMORGAN CHASE & CO	VYLD	8,673,530	$279,478	2.83%
11	ELI LILLY & CO	LLY	2,375,050	$255,241	2.58%
12	MASTERCARD INC	MA	4,072,210	$232,474	2.35%
13	BAKER HUGHES CO	BKR	49,353,310	$224,755	2.27%
14	WELLTOWER INC	WELL	9,513,540	$176,581	1.79%
15	COSTCO WHOLESALE CORP	22160K105	1,785,080	$153,935	1.56%
16	PROLOGIS, INC	PLDGP	11,228,730	$143,346	1.45%
17	BANK OF AMERICA CORP	060505104	25,095,260	$138,024	1.40%
18	PROCTER & GAMBLE CO	742718109	9,521,440	$136,452	1.38%
19	NETFLIX INC	NFLX	13,592,440	$127,443	1.29%
20	ABBVIE INC	ABBV	5,444,930	$124,411	1.26%