Institutional Manager · CIK 0002031554

GCQ FUNDS MANAGEMENT PTY Ltd

SYDNEY, C3 · File #028-24883

Latest AUM

$726.3M

Positions

Top-10 Concentration

100.0%

Filings

Portfolio Value Over Time

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
EXITED	ALPHABET INC	02079K305	-150,046	-$36.5M	$0
ADD	AIRBNB INC	ABNB	+242,166	+$32.9M	+$4.5M
ADD	WD 40 CO	WDFC	+104,282	+$20.5M	-$81,860
ADD	FAIR ISAAC INC	FICO	+10,476	+$17.7M	+$9.2M
ADD	AMAZON.COM INC	AMZN	+72,886	+$16.8M	+$5.8M
ADD	MSCI INC	MSCI	+23,836	+$13.7M	+$1.1M
ADD	VISA INC	V	+28,691	+$10.1M	+$1.9M
REDUCE	FERRARI N V	RACE	-19,753	-$7.3M	-$2.7M
ADD	MASTERCARD INCORPORATED	MA	+11,137	+$6.4M	+$163,592
REDUCE	UBER TECHNOLOGIES INC	UBER	-65,008	-$5.3M	-$21.5M

Sector Allocation

Financials

33.5%$243.7M

Consumer Discretionary

29.3%$212.6M

Technology

27.6%$200.5M

Materials

6.0%$43.6M

Communication Services

3.6%$26.0M

Filing History

Feb 4, 202613F HOLDINGS REPORTQ/E Dec 202510 pos · $726.3M
Nov 12, 202513F HOLDINGS REPORTQ/E Sep 202511 pos · $658.5M
Aug 15, 202513F HOLDINGS REPORT (Amended)Q/E Jun 202511 pos · $550.8M
Aug 13, 202513F HOLDINGS REPORTQ/E Jun 202511 pos · $384.6M
Apr 28, 202513F HOLDINGS REPORTQ/E Mar 202512 pos · $407.4M
Feb 11, 202513F HOLDINGS REPORTQ/E Dec 202410 pos · $284.9M

Top 10 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	AMAZON.COM INC	AMZN	590,137	$136.2M	18.75%
2	MSCI INC	MSCI	193,013	$110.7M	15.25%
3	UBER TECHNOLOGIES INC	UBER	1,259,833	$102.9M	14.17%
4	FAIR ISAAC INC	FICO	57,713	$97.6M	13.43%
5	VISA INC	V	232,308	$81.5M	11.22%
6	AIRBNB INC	ABNB	553,884	$75.2M	10.35%
7	MASTERCARD INCORPORATED	MA	90,167	$51.5M	7.09%
8	WD 40 CO	WDFC	221,225	$43.6M	6.00%
9	META PLATFORMS INC	META	39,388	$26.0M	3.58%
10	FERRARI N V	RACE	3,240	$1.2M	0.16%