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ABC ARBITRAGE SA — 13F Holdings & Portfolio

CIK 2049221 · latest 13F-HR filed 2026-10-23

Backtest portfolio

ABC ARBITRAGE SA manages $1.02B in 13F-reported U.S. long-equity assets across 411 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are NOK (8.94%), BTI (6.84%), DEO (4.97%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 161 new positions and exited 131; 34 existing positions rose in reported value and 78 fell.

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.

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AUM
$1.02B

Long-equity book

Holdings
411

Distinct positions

Period
2026-09-30

Filed 2026-10-23

Q/Q Activity
+161 / −131 / ↑34 / ↓78

vs 2026-06-30

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q3 26
NOK8.9% · +2213%BTI6.8% · +75%DEO5.0% · +1%VOD4.0% · +3%CX3.8% · +739%NWG3.3% · -1%HSBC2.9% · +4%IHG2.9% · +19%NGG2.7% · +19%RYAAY2.4% · +123%ING2.2% · -36%GSK2.2% · -14%AEG1.8% · +36%LYG1.6% · -48%FMS1.4% · +163%SHEL1.4% · -61%RIO1.3% · -66%GFI1.3% · newTAK1.0% · newPUK0.9% · +30%AMX0.8% · -25%SONY0.8% · +94%UL0.8% · +9%STM0.7% · newMKTX0.7% · newDBRG0.7% · +4%ACA0.7% · +5%SYNA0.7% · +27%DV0.7% · newRAMP0.7% · +6%ATKR0.7% · newTECH0.7% · +1%HZO0.7% · newBLFS0.7% · newVREX0.7% · newSAFT0.7% · newAES0.7% · +103%TCBK0.7% · newPNC0.7% · newBP0.7% · -80%PEN0.7% · 0%WTRG0.7% · -2%WPP0.6% · -11%MUFG0.6% · newPHG0.6% · 0%HIG0.5% · +20%FRT0.5% · +392%NATH0.5% · 0%HLN0.5% · -46%UAL0.5% · newCCI0.5% · +14%RF0.5% · +936%PSO0.5% · +14%CSR0.5% · newSMTI0.5% · newPAYX0.5% · newWDC0.5% · newBNY0.5% · newAMP0.4% · newSLAB0.4% · new

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q2 26 → Q3 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 42.6%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 25, 2026.

Address
18, RUE DU QUATRE SEPTEMBRE
PARIS 75002
France
Phone
(0033) 01 53 00 55 00
Website
Name Title / Status Ownership Type
ABC ARBITRAGE S.A. ControlHOLDING (SHARES ISSUED)
since Dec 2003
75% or moreForeign Entity
BONNEAU, FRANCK, LOUIS-MARIE, GERARD ControlDEPUTY CEO
since Jan 2022
Less than 5%Individual
OSPITAL, ALEXANDRE, MICHEL ControlCHIEF EXECUTIVE OFFICER
since Jan 2022
Less than 5%Individual
ZAJTELBACH, YVES, OLEG, SAMUEL ControlDEPUTY CEO
since Jan 2022
Less than 5%Individual
FOURNIER, gaetanGENERAL SECRETARY
since Oct 2017
Less than 5%Individual
Ownership & leadership changes · 2 filings with changes since Mar 21, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Mar 29, 2022 filing
  • No longer listedCEOLIN, DOMINIQUE, JEAN MARIE · CHIEF EXECUTIVE OFFICER · Less than 5% · control person · listed since Dec 2003
  • No longer listedHOEY, DAVID, ANTHONY · CHIEF OPERATING OFFICER · Less than 5% · control person · listed since Jun 2004
  • AddedBONNEAU, FRANCK, LOUIS-MARIE, GERARD · DEPUTY CEO · Less than 5% · control person
  • AddedOSPITAL, ALEXANDRE, MICHEL · CHIEF EXECUTIVE OFFICER · Less than 5% · control person
  • AddedZAJTELBACH, YVES, OLEG, SAMUEL · DEPUTY CEO · Less than 5% · control person
  • ChangedFOURNIER, gaetan · title CHIEF COMPLIANCE OFFICER → GENERAL SECRETARY
Feb 19, 2018 filing
  • No longer listedHUCHELOUP, LAETITIA · CHIEF COMPLIANCE OFFICER · Less than 5% · listed since Sep 2006
  • AddedFOURNIER, gaetan · CHIEF COMPLIANCE OFFICER · Less than 5%
Mar 21, 2012 filing (earliest on record)
  • ListedABC ARBITRAGE S.A. · HOLDING (SHARES ISSUED) · 75% or more · control person
  • ListedCEOLIN, DOMINIQUE, JEAN MARIE · CHIEF EXECUTIVE OFFICER · Less than 5% · control person
  • ListedHOEY, DAVID, ANTHONY · CHIEF OPERATING OFFICER · Less than 5% · control person
  • ListedHUCHELOUP, LAETITIA · CHIEF COMPLIANCE OFFICER · Less than 5%

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

ABC ARBITRAGE SA Holdings (2026-09-30)

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 NOKIA OYJ NOK 654902204 $91.1M 8.94% 8,988,606 SH
2 BRITISH AMERICAN TOBACCO PLC BTI 110448107 $69.8M 6.84% 1,282,238 SH
3 DIAGEO PLC DEO 25243Q205 $50.7M 4.97% 591,885 SH
4 VODAFONE GROUP PLC VOD 92857W308 $40.3M 3.95% 2,495,977 SH
5 CEMEX SAB DE CV CX 151290889 $38.9M 3.82% 4,092,041 SH
6 NATWEST GROUP PLC NWG 639057207 $33.4M 3.27% 1,839,430 SH
7 HSBC HOLDINGS PLC HSBC 404280406 $29.4M 2.88% 295,720 SH
8 INTERCONTINENTAL HOTELS GROUP PLC IHG 45857P806 $29.4M 2.88% 182,617 SH
9 NATIONAL GRID PLC NGG 636274409 $27.3M 2.67% 359,541 SH
10 RYANAIR HOLDINGS PLC RYAAY 783513203 $24.7M 2.42% 448,504 SH
11 ING GROEP NV ING 456837103 $22.7M 2.22% 638,927 SH
12 GSK PLC GSK 37733W204 $22.2M 2.18% 461,393 SH
13 AEGON LTD AEG 0076CA104 $18.4M 1.80% 2,127,083 SH
14 LLOYDS BANKING GROUP PLC LYG 539439109 $16.7M 1.63% 2,961,398 SH
15 FRESENIUS MEDICAL CARE AG FMS 358029106 $14.1M 1.38% 630,995 SH
16 SHELL PLC SHEL 780259305 $14.0M 1.37% 147,155 SH
17 RIO TINTO PLC RIO 767204100 $13.1M 1.28% 138,756 SH
18 GOLD FIELDS LTD GFI 38059T106 $12.9M 1.26% 356,567 SH
19 TAKEDA PHARMACEUTICAL CO LTD TAK 874060205 $10.3M 1.01% 564,472 SH
20 PRUDENTIAL PLC PUK 74435K204 $9.3M 0.91% 376,863 SH
21 AMERICA MOVIL SAB DE CV AMX 02390A101 $8.2M 0.80% 385,016 SH
22 SONY GROUP CORP SONY 835699307 $8.1M 0.80% 346,006 SH
23 UNILEVER PLC UL 904767803 $8.0M 0.78% 131,541 SH
24 STMICROELECTRONICS NV STM 861012102 $7.6M 0.75% 143,189 SH
25 MARKETAXESS HOLDINGS INC MKTX 57060D108 $7.6M 0.74% 46,236 SH
26 DIGITALBRIDGE GROUP INC DBRG 25401T603 $7.5M 0.73% 468,078 SH
27 ARCOSA INC ACA 039653100 $7.4M 0.73% 50,769 SH
28 SYNAPTICS INC SYNA 87157D109 $7.4M 0.73% 72,999 SH
29 DOUBLEVERIFY HOLDINGS INC DV 25862V105 $7.4M 0.72% 547,900 SH
30 LIVERAMP HOLDINGS INC RAMP 53815P108 $7.4M 0.72% 196,971 SH
31 ATKORE INC ATKR 047649108 $7.4M 0.72% 77,890 SH
32 BIO-TECHNE CORP TECH 09073M104 $7.4M 0.72% 101,793 SH
33 MARINEMAX INC HZO 567908108 $7.4M 0.72% 140,605 SH
34 BIOLIFE SOLUTIONS INC BLFS 09062W204 $7.3M 0.72% 189,120 SH
35 VAREX IMAGING CORP VREX 92214X106 $7.3M 0.72% 396,901 SH
36 SAFETY INSURANCE GROUP INC SAFT 78648T100 $7.3M 0.72% 70,634 SH
37 AES Corp AES 00130H105 $7.3M 0.71% 488,802 SH
38 TRICO BANCSHARES TCBK 896095106 $7.3M 0.71% 141,687 SH
39 PNC FINANCIAL SERVICES GROUP INC/THE PNC 693475105 $7.2M 0.71% 32,477 SH
40 BP PLC BP 055622104 $7.1M 0.70% 162,246 SH
41 PENUMBRA INC PEN 70975L107 $7.1M 0.69% 22,223 SH
42 ESSENTIAL UTILITIES INC WTRG 29670G102 $6.9M 0.68% 175,733 SH
43 WPP PLC WPP 92937A102 $6.4M 0.63% 259,620 SH
44 MITSUBISHI UFJ FINANCIAL MUFG 606822104 $6.1M 0.60% 265,804 SH
45 KONINKLIJKE PHILIPS NV PHG 500472303 $5.8M 0.57% 237,377 SH
46 HARTFORD INSURANCE GROUP INC/T HIG 416515104 $5.5M 0.54% 45,189 SH
47 FEDERAL REALTY INVESTMENT TRUST FRT 313745101 $5.5M 0.54% 50,661 SH
48 NATHAN'S FAMOUS INC NATH 632347100 $5.5M 0.54% 53,957 SH
49 HALEON PLC HLN 405552100 $5.4M 0.53% 599,904 SH
50 UNITED AIRLINES HOLDINGS INC UAL 910047109 $5.3M 0.52% 47,517 SH
Filing History
Period Filed AUM Holdings Accession
2026-09-30 2026-10-23 $1.02B 411 0000945621-26-001292
2026-06-30 2026-07-20 $926.1M 381 0000945621-26-000933
2026-03-31 2026-05-04 $752.9M 364 0000945621-26-000623
2025-12-31 2026-02-04 $1.07B 313 0000945621-26-000142
Filer Information
Address
18 RUE DU QUATRE SEPTEMBRE
PARIS, I0 75002
Phone
33153005476
Filing Manager
ABC ARBITRAGE SA
PARIS, I0
Signatory
Eric Brousier
Head of legal