Institutional Manager · CIK 0002110313

Altrafin AG

ZURICH, V8 · File #028-26373

Latest AUM

$315.4M

Positions

Top-10 Concentration

56.3%

Filings

Portfolio Value Over Time

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	MASTERCARD INCORPORATED	MA	+16,537	+$9.4M	+$615,189
EXITED	PAYPAL HLDGS INC	PYPL	-139,065	-$9.1M	$0
REDUCE	NVIDIA CORPORATION	NVDA	-43,288	-$8.1M	+$7.0M
EXITED	HONEYWELL INTL INC	438516106	-32,524	-$6.9M	$0
NEW	UNITY SOFTWARE INC	U	+67,000	+$6.5M	$0
NEW	SEA LTD	SE	+59,044	+$5.7M	$0
ADD	AMAZON COM INC	AMZN	+24,196	+$5.6M	+$3.8M
ADD	NETFLIX INC	NFLX	+54,867	+$5.1M	-$3.1M
ADD	UBER TECHNOLOGIES INC	UBER	+53,070	+$4.3M	+$571,251
REDUCE	BOOKING HOLDINGS INC	BKNG	-750	-$4.0M	+$895,854

Sector Allocation

Technology

31.9%$100.7M

Financials

13.4%$42.4M

Consumer Discretionary

11.4%$36.0M

Healthcare

3.7%$11.8M

Communication Services

3.2%$10.0M

Industrials

1.2%$3.9M

Consumer Staples

0.1%$409,750

Filing History

Feb 17, 202613F HOLDINGS REPORTQ/E Dec 202545 pos · $257.3M
Feb 17, 202613F HOLDINGS REPORTQ/E Dec 202569 pos · $203.5M
Feb 17, 202613F HOLDINGS REPORTQ/E Dec 202559 pos · $275.9M
Feb 17, 202613F HOLDINGS REPORTQ/E Dec 202591 pos · $276.7M
Feb 17, 202613F HOLDINGS REPORTQ/E Dec 202550 pos · $296.2M
Feb 17, 202613F HOLDINGS REPORTQ/E Dec 202586 pos · $254.4M
Feb 17, 202613F HOLDINGS REPORTQ/E Dec 202558 pos · $259.5M
Feb 17, 202613F HOLDINGS REPORTQ/E Dec 202548 pos · $315.4M
Feb 17, 202613F HOLDINGS REPORTQ/E Dec 202567 pos · $229.4M
Feb 17, 202613F HOLDINGS REPORTQ/E Dec 202548 pos · $288.4M
Feb 17, 202613F HOLDINGS REPORTQ/E Dec 202550 pos · $277.6M
Feb 17, 202613F HOLDINGS REPORTQ/E Dec 202572 pos · $170.7M
Feb 17, 202613F HOLDINGS REPORTQ/E Dec 202560 pos · $270.7M
Feb 17, 202613F HOLDINGS REPORTQ/E Dec 202571 pos · $222.8M
Feb 17, 202613F HOLDINGS REPORTQ/E Dec 202577 pos · $185.4M
Feb 17, 202613F HOLDINGS REPORTQ/E Dec 202573 pos · $167.0M
Feb 13, 202613F HOLDINGS REPORTQ/E Dec 202546 pos · $315.4M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ALPHABET INC	GOOG	141,751	$21.9M	8.52%
2	MICROSOFT CORP	MSFT	57,091	$21.4M	8.33%
3	AMAZON COM INC	AMZN	93,504	$17.8M	6.91%
4	MASTERCARD INCORPORATED	MA	27,021	$14.8M	5.76%
5	UNITEDHEALTH GROUP INC	UNH	27,412	$14.4M	5.58%
6	NOVO-NORDISK A S	NONOF	188,583	$13.1M	5.09%
7	S&P GLOBAL INC	SPGI	22,125	$11.2M	4.37%
8	JPMORGAN CHASE & CO.	VYLD	44,600	$10.9M	4.25%
9	NVIDIA CORPORATION	NVDA	89,851	$9.7M	3.78%
10	TAIWAN SEMICONDUCTOR MFG LTD	874039100	57,503	$9.5M	3.71%
11	INTERCONTINENTAL EXCHANGE IN	45866F104	53,663	$9.3M	3.60%
12	ISHARES TR	464288257	79,500	$9.3M	3.60%
13	PAYPAL HLDGS INC	PYPL	139,065	$9.1M	3.53%
14	APPLE INC	AAPL	39,836	$8.8M	3.44%
15	CROWDSTRIKE HLDGS INC	CRWD	21,837	$7.7M	2.99%
16	HONEYWELL INTL INC	438516106	32,524	$6.9M	2.68%
17	FISERV INC	FISV	26,042	$5.8M	2.24%
18	INTUIT	INTU	9,212	$5.7M	2.20%
19	BOOKING HOLDINGS INC	BKNG	1,195	$5.5M	2.14%
20	FORTINET INC	FTNT	55,120	$5.3M	2.06%