Thematics Asset Management — 13F Holdings & Portfolio
CIK 1956031 · latest 13F-HR filed 2025-11-14
Thematics Asset Management manages $2.20B in 13F-reported U.S. long-equity assets across 125 reported positions as of its 2025-09-30 13F-HR filing. Its largest disclosed positions are NVDA (4.92%), NOW (3.32%), SNPS (3.19%). Quarter over quarter (versus its 2025-06-30 filing) the fund opened 4 new positions, exited 5, added to 41, and trimmed 44.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$2.20B
Long-equity book
125
Distinct positions
2025-09-30
Filed 2025-11-14
+4 / −5 / ↑41 / ↓44
vs 2025-06-30
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- APTIV PLC$11.2M +98.3%
- PTC INC$9.8M +29.5%
- MONGODB INC$8.8M +37.0%
- THERMO FISHER SCIENTIFIC INC$8.3M +39.6%
- MICROSOFT CORP$8.1M +30.8%
Top Trims
- ADVANCED MICRO DEVICES INC-$14.5M -36.4%
- SYMBOTIC INC-$10.0M -42.0%
- FISERV INC-$9.0M -42.0%
- SYNOPSYS INC-$8.8M -11.1%
- METTLER TOLEDO INTERNATIONAL-$8.1M -62.7%
New Positions
- JFROG LTD$16.4M
- ZEBRA TECHNOLOGIES CORPORATI$15.8M
- FORTUNE BRANDS INNOVATIONS I$12.3M
- UNITI GROUP LLC$3.9M
Exited Positions
- CYBERARK SOFTWARE LTD$33.3M
- OKTA INC$13.0M
- GODADDY INC$4.8M
- GARTNER INC$4.2M
- SOHO HOUSE & CO INC$4.0M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | NVIDIA CORPORATION | NVDA | 67066G104 | $108.4M | 4.92% | 581,083 | SH |
| 2 | SERVICENOW INC | NOW | 81762P102 | $73.2M | 3.32% | 79,558 | SH |
| 3 | SYNOPSYS INC | SNPS | 871607107 | $70.3M | 3.19% | 142,535 | SH |
| 4 | CADENCE DESIGN SYSTEM INC | CDNS | 127387108 | $51.6M | 2.34% | 146,965 | SH |
| 5 | SNOWFLAKE INC | SNOW | 833445109 | $44.9M | 2.04% | 199,260 | SH |
| 6 | CLEAN HARBORS INC | CLH | 184496107 | $44.7M | 2.03% | 192,300 | SH |
| 7 | ELASTIC N V | ESTC | N14506104 | $44.2M | 2.01% | 523,283 | SH |
| 8 | ALPHABET INC | GOOGL | 02079K305 | $44.0M | 1.99% | 180,819 | SH |
| 9 | PTC INC | PTC | 69370C100 | $42.9M | 1.95% | 211,207 | SH |
| 10 | NVENT ELECTRIC PLC | NVT | G6700G107 | $41.9M | 1.90% | 424,873 | SH |
| 11 | VERTIV HOLDINGS CO | VRT | 92537N108 | $40.1M | 1.82% | 265,879 | SH |
| 12 | ECOLAB INC | ECL | 278865100 | $36.9M | 1.68% | 134,873 | SH |
| 13 | INTUITIVE SURGICAL INC | ISRG | 46120E602 | $34.9M | 1.58% | 77,935 | SH |
| 14 | MICROSOFT CORP | MSFT | 594918104 | $34.6M | 1.57% | 66,712 | SH |
| 15 | CROWDSTRIKE HLDGS INC | CRWD | 22788C105 | $32.7M | 1.48% | 66,702 | SH |
| 16 | MONGODB INC | MDB | 60937P106 | $32.5M | 1.47% | 104,601 | SH |
| 17 | HOLOGIC INC | HOLX | 436440101 | $31.5M | 1.43% | 466,255 | SH |
| 18 | THERMO FISHER SCIENTIFIC INC | TMO | 883556102 | $29.3M | 1.33% | 60,484 | SH |
| 19 | JBT MAREL CORPORATION | JBTM | 477839104 | $29.3M | 1.33% | 208,552 | SH |
| 20 | MOTOROLA SOLUTIONS INC | MSI | 620076307 | $29.2M | 1.33% | 63,926 | SH |
| 21 | STERIS PLC | STE | G8473T100 | $28.4M | 1.29% | 114,736 | SH |
| 22 | BROADCOM INC | AVGO | 11135F101 | $28.3M | 1.29% | 85,831 | SH |
| 23 | ZSCALER INC | ZS | 98980G102 | $28.2M | 1.28% | 94,104 | SH |
| 24 | BENTLEY SYS INC | BSY | 08265T208 | $27.4M | 1.24% | 531,483 | SH |
| 25 | EQUINIX INC | EQIX | 29444U700 | $27.1M | 1.23% | 34,582 | SH |
| 26 | OSI SYSTEMS INC | OSIS | 671044105 | $26.5M | 1.20% | 106,411 | SH |
| 27 | ROLLINS INC | ROL | 775711104 | $26.4M | 1.20% | 450,005 | SH |
| 28 | DIGITAL RLTY TR INC | DLR | 253868103 | $26.2M | 1.19% | 151,408 | SH |
| 29 | API GROUP CORP | APG | 00187Y100 | $25.6M | 1.16% | 744,569 | SH |
| 30 | ADVANCED MICRO DEVICES INC | AMD | 007903107 | $25.2M | 1.14% | 155,867 | SH |
| 31 | VARONIS SYS INC | VRNS | 922280102 | $25.0M | 1.13% | 434,697 | SH |
| 32 | DEXCOM INC | DXCM | 252131107 | $24.4M | 1.11% | 362,294 | SH |
| 33 | KLA CORP | KLAC | 482480100 | $23.7M | 1.07% | 21,938 | SH |
| 34 | PALO ALTO NETWORKS INC | PANW | 697435105 | $22.9M | 1.04% | 112,364 | SH |
| 35 | APTIV PLC | APTV | G3265R107 | $22.5M | 1.02% | 261,454 | SH |
| 36 | CORE & MAIN INC | CNM | 21874C102 | $22.5M | 1.02% | 418,000 | SH |
| 37 | PROCEPT BIOROBOTICS CORP | PRCT | 74276L105 | $22.5M | 1.02% | 630,053 | SH |
| 38 | MANHATTAN ASSOCIATES INC | MANH | 562750109 | $22.4M | 1.02% | 109,238 | SH |
| 39 | WASTE CONNECTIONS INC | WCN | 94106B101 | $20.8M | 0.95% | 118,469 | SH |
| 40 | SPS COMM INC | SPSC | 78463M107 | $20.5M | 0.93% | 196,914 | SH |
| 41 | SENTINELONE INC | S | 81730H109 | $20.4M | 0.93% | 1,158,750 | SH |
| 42 | ADVANCED DRAIN SYS INC DEL | WMS | 00790R104 | $20.2M | 0.92% | 145,500 | SH |
| 43 | CELLEBRITE DI LTD | CLBT | M2197Q107 | $19.8M | 0.90% | 1,066,850 | SH |
| 44 | WABTEC | WAB | 929740108 | $18.9M | 0.86% | 94,141 | SH |
| 45 | TYLER TECHNOLOGIES INC | TYL | 902252105 | $18.4M | 0.84% | 35,170 | SH |
| 46 | ROPER TECHNOLOGIES INC | ROP | 776696106 | $18.4M | 0.83% | 36,820 | SH |
| 47 | AXON ENTERPRISE INC | AXON | 05464C101 | $18.3M | 0.83% | 25,568 | SH |
| 48 | AUTODESK INC | ADSK | 052769106 | $18.2M | 0.83% | 57,386 | SH |
| 49 | DANAHER CORPORATION | DHR | 235851102 | $18.2M | 0.83% | 91,702 | SH |
| 50 | MEDTRONIC PLC | MDT | G5960L103 | $17.6M | 0.80% | 184,899 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2025-09-30 | 2025-11-14 | $2.20B | 125 | 0001104659-25-111995 |
| 2025-06-30 | 2025-08-13 | $2.22B | 126 | 0001104659-25-077560 |