SEC 13F Intelligence

Managers / Q4 2025 · view latest →

DELTEC ASSET MANAGEMENT LLC

CIK 0001269950 · 530 FIFTH AVENUE, 17TH FLOOR, NEW YORK, NY, 10036 · (212) 546-6200

Reported Value
$604M
Q4 2025
Positions
218
Filings on Record
30
2019–present window
Filed
Jan 29, 2026
original filing

Summary

Deltec Asset Management LLC reported $604M in U.S.-listed holdings across 218 positions for Q4 2025.

Its largest position, GOOGL, represents 9.0% of the portfolio.

Compared with Q3 2025, the fund opened 53 new positions and exited 41.

Portfolio Metrics

Turnover
+13.0%
vs prior filed quarter
Top-10 Concentration
+48.1%
share of reported value
Largest Position
+9.0%
Alphabet
New / Exited
53 / 41
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $362MQ4 ’18Q1 ’19: $457MQ2 ’19: $457MQ3 ’19: $398MQ4 ’19: $493MQ4 ’19Q1 ’20: $362MQ2 ’20: $478MQ3 ’20: $559MQ4 ’20: $653MQ4 ’20Q1 ’21: $671MQ2 ’21: $727MQ3 ’21: $663MQ4 ’21: $614MQ4 ’21Q1 ’22: $585MQ2 ’22: $427MQ3 ’22: $407MQ4 ’22: $349MQ4 ’22Q1 ’23: $405MQ2 ’23: $457MQ3 ’23: $439MQ4 ’23: $444MQ4 ’23Q1 ’24: $507MQ2 ’24: $523MQ3 ’24: $507MQ4 ’24: $506MQ4 ’24Q1 ’25: $465MQ2 ’25: $561MQ3 ’25: $606MQ4 ’25: $604MQ4 ’25Q1 ’26: $545Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 73.6%Other: 11.5%ADR: 7.5%ETP: 7.1%Equity WRT: 0.1%Other: 0.1%
  • Common Stock · 73.6% · $444M
  • Other · 11.5% · $70M
  • ADR · 7.5% · $45M
  • ETP · 7.1% · $43M
  • Equity WRT · 0.1% · $506,449
  • Other · 0.1% · $530,625

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GEVGE VERNOVA INCNEW+5.0K5.0K+$3M$3M
DASHDOORDASH INCNEW+10.0K10.0K+$2M$2M
ALKALASKA AIR GROUP INCNEW+30.0K30.0K+$2M$2M
GQ9SPDR GOLD TRNEW+3.4K3.4K+$1M$1M
AMDADVANCED MICRO DEVICES INCNEW+6.0K6.0K+$1M$1M
COFCAPITAL ONE FINL CORPNEW+5.3K5.3K+$1M$1M
SPDR SERIES TRUSTNEW+10.0K10.0K+$1M$1M
BURLBURLINGTON STORES INCNEW+4.0K4.0K+$1M$1M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2025

48 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GOOGLALPHABET INCCAP STK CL A · CAP STK CL C9.80%$59M189.0K
2AVGOBROADCOM INChistory →COM6.17%$37M107.6K
3AMZNAMAZON COM INChistory →COM5.93%$36M155.0K
4MSFTMICROSOFT CORPhistory →COM5.71%$34M71.2K
5NVDANVIDIA CORPORATIONhistory →COM5.28%$32M170.7K
6OCULOCULAR THERAPEUTIX INChistory →COM5.00%$30M2.49M
7CCL1EURCARNIVAL CORPhistory →UNIT 99/99/99993.31%$20M654.7K
8METAMETA PLATFORMS INChistory →CL A2.97%$18M27.2K
9VVISA INChistory →COM CL A2.64%$16M45.4K
10UBERUBER TECHNOLOGIES INChistory →COM2.16%$13M159.8K
11WMTWALMART INChistory →COM2.11%$13M114.3K
12TSMTAIWAN SEMICONDUCTOR MFG LTDhistory →SPONSORED ADS1.91%$12M37.9K
13LLYELI LILLY & COhistory →COM1.56%$9M8.8K
14HDHOME DEPOT INChistory →COM1.36%$8M23.8K
15EQTEQT CORPhistory →COM1.35%$8M152.1K
16ISHARES TREXPANDED TECH · MSCI USA MMENTM1.33%$8M60.4K
17GLOBAL X FDSGLOBAL X URANIUM1.31%$8M185.1K
18NORWEGIAN CRUISE LINE HLDG LSHS1.27%$8M343.6K
19TSLATESLA INChistory →COM1.19%$7M16.0K
20AAPLAPPLE INChistory →COM1.19%$7M26.3K
21MAMASTERCARD INCORPORATEDhistory →CL A1.17%$7M12.4K
22FLEX LTDORD1.15%$7M115.3K
234I1PHILIP MORRIS INTL INChistory →COM1.13%$7M42.4K
24VISTA ENERGY S.A.B. DE C.V.SPONSORED ADS1.04%$6M128.8K
25MNKDMANNKIND CORPCOM NEW0.92%$6M974.7K
26EMBJEMBRAER S.A.SPONSORED ADS0.87%$5M81.5K
27MRVLMARVELL TECHNOLOGY INCCOM0.87%$5M61.5K
28SPDR S&P 500 ETF TRTR UNIT0.84%$5M7.5K
29SELECT SECTOR SPDR TRSTATE STREET HEA0.84%$5M32.6K
30COPA HOLDINGS SACL A0.76%$5M37.9K
31BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.71%$4M8.6K
32SHELSHELL PLCSPON ADS0.69%$4M56.5K
33EATON CORP PLCSHS0.68%$4M12.8K
34BSXBOSTON SCIENTIFIC CORPCOM0.67%$4M42.3K
35CSCOCISCO SYS INCCOM0.61%$4M47.4K
36GEVGE VERNOVA INCCOM0.54%$3M5.0K
37TJXTJX COS INC NEWCOM0.54%$3M21.1K
38COSTCOSTCO WHSL CORP NEWCOM0.50%$3M3.5K
39MLB1MERCADOLIBRE INCCOM0.47%$3M1.4K
40JBLJABIL INCCOM0.43%$3M11.5K
41MOALTRIA GROUP INCCOM0.40%$2M41.6K
42ORLYOREILLY AUTOMOTIVE INCCOM0.39%$2M25.9K
43PHPARKER-HANNIFIN CORPCOM0.38%$2M2.6K
44DASHDOORDASH INCCL A0.38%$2M10.0K
45JPMJPMORGAN CHASE & CO.COM0.37%$2M6.9K
46YPF SOCIEDAD ANONIMASPON ADR CL D0.35%$2M58.3K
47TRVCCITIGROUP INCCOM NEW0.34%$2M17.6K
48ARANTERO RESOURCES CORPCOM0.32%$2M56.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$545M235Apr 24, 202613F-HRchanges · EDGAR ↗
Q4 2025$604M218Jan 29, 202613F-HRchanges · EDGAR ↗
Q3 2025$606M206Oct 24, 202513F-HRchanges · EDGAR ↗
Q2 2025$561M191Jul 18, 202513F-HRchanges · EDGAR ↗
Q1 2025$465M164Apr 22, 202513F-HRchanges · EDGAR ↗
Q4 2024$506M161Jan 27, 202513F-HRchanges · EDGAR ↗
Q3 2024$507M155Oct 25, 202413F-HRchanges · EDGAR ↗
Q2 2024$523M153Jul 16, 202413F-HRchanges · EDGAR ↗
Q1 2024$507M153Apr 17, 202413F-HRchanges · EDGAR ↗
Q4 2023$444M144Jan 22, 202413F-HRchanges · EDGAR ↗
Q3 2023$439M157Oct 23, 202313F-HRchanges · EDGAR ↗
Q2 2023$457M167Jul 18, 202313F-HRchanges · EDGAR ↗
Q1 2023$405M169Apr 17, 202313F-HRchanges · EDGAR ↗
Q4 2022$349M166Jan 25, 202313F-HRchanges · EDGAR ↗
Q3 2022$407M228Oct 26, 202213F-HRchanges · EDGAR ↗
Q2 2022$427M235Jul 18, 202213F-HRchanges · EDGAR ↗
Q1 2022$585M260Apr 11, 202213F-HRchanges · EDGAR ↗
Q4 2021$614M255Jan 25, 202213F-HRchanges · EDGAR ↗
Q3 2021$663M273Oct 13, 202113F-HRchanges · EDGAR ↗
Q2 2021$727M292Jul 15, 202113F-HRchanges · EDGAR ↗
Q1 2021$671M293Apr 21, 202113F-HRchanges · EDGAR ↗
Q4 2020$653M221Jan 20, 202113F-HRchanges · EDGAR ↗
Q3 2020$559M215Oct 23, 202013F-HRchanges · EDGAR ↗
Q2 2020$478M193Jul 29, 202013F-HRchanges · EDGAR ↗
Q1 2020$362M167Apr 22, 202013F-HRchanges · EDGAR ↗
Q4 2019$493M174Jan 27, 202013F-HRchanges · EDGAR ↗
Q3 2019$398M164Oct 24, 201913F-HRchanges · EDGAR ↗
Q2 2019$457M159Jul 29, 201913F-HRchanges · EDGAR ↗
Q1 2019$457M162Apr 22, 201913F-HRchanges · EDGAR ↗
Q4 2018$362M153Jan 23, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.