Institutional Manager · CIK 0002013334
Zeno Equity Partners LLP
LONDON, X0 · File #028-23993
Latest AUM
$241.2M
Positions
12
Top-10 Concentration
98.4%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
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 | DESCARTES SYSTEM ORD | HEI-A | +160,362 | +$14.1M | -$14.6M |
| NEW | VISA CL A ORD | V | +35,441 | +$12.4M | $0 |
| REDUCE | DANAHER ORD | 235851102 | -42,347 | -$9.7M | +$8.1M |
| NEW | PATRIA INVESTMENTS CL A ORD | PAX | +590,698 | +$9.4M | $0 |
| REDUCE | AMPHENOL CL A ORD | 032095101 | -61,076 | -$8.3M | +$1.0M |
| REDUCE | AMAZON COM ORD | AMZN | -33,215 | -$7.7M | +$1.5M |
| ADD | SOMNIGROUP INTERNATIONAL ORD | SGI | +34,607 | +$3.1M | +$1.2M |
| ADD | LINDE ORD | LIN | +1,749 | +$745,756 | -$4.0M |
| REDUCE | TEXAS INSTRUMENTS ORD | 882508104 | -2,704 | -$469,117 | -$966,554 |
| REDUCE | WALDENCAST CL A ORD | WALDW | 0 | $0 | -$1.2M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202512 pos · $241.2M
- 13F HOLDINGS REPORTQ/E Sep 20259 pos · $215.1M
- 13F HOLDINGS REPORTQ/E Jun 202511 pos · $231.9M
- 13F HOLDINGS REPORT (Amended)Q/E Mar 202512 pos · $276.5M
- 13F HOLDINGS REPORTQ/E Mar 202512 pos · $276.5M
- 13F HOLDINGS REPORTQ/E Dec 202412 pos · $333.4M
- 13F HOLDINGS REPORTQ/E Sep 202416 pos · $358.5M
- 13F HOLDINGS REPORTQ/E Jun 202416 pos · $375.9M
- 13F HOLDINGS REPORTQ/E Mar 202415 pos · $446.7M
Top 12 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | DANAHER ORD | 235851102 | 223,448 | $51.2M | 21.23% |
| 2 | LINDE ORD | LIN | 84,586 | $36.1M | 14.96% |
| 3 | SOMNIGROUP INTERNATIONAL ORD | SGI | 267,584 | $23.9M | 9.91% |
| 4 | WALDENCAST CL A ORD | WALDW | 12,252,580 | $23.0M | 9.55% |
| 5 | AMAZON COM ORD | AMZN | 95,684 | $22.1M | 9.16% |
| 6 | DESCARTES SYSTEM ORD | HEI-A | 248,216 | $21.8M | 9.02% |
| 7 | HEICO CL A ORD | LIN | 85,375 | $21.6M | 8.94% |
| 8 | TEXAS INSTRUMENTS ORD | 882508104 | 91,686 | $15.9M | 6.60% |
| 9 | VISA CL A ORD | V | 35,441 | $12.4M | 5.15% |
| 10 | PATRIA INVESTMENTS CL A ORD | PAX | 590,698 | $9.4M | 3.89% |
| 11 | AMPHENOL CL A ORD | 032095101 | 27,087 | $3.7M | 1.52% |
| 12 | WALDENCAST EQY WARRANT | WALDW | 4,892,767 | $177,852 | 0.07% |