SEC 13F Intelligence

Managers / Q3 2025 · view latest →

TOBAM

CIK 0001527488 · 24/26 AVENUE DES CHAMPS ELYSEES, PARIS, 75008 · 33-153234151

Reported Value
$276M
Q3 2025
Positions
247
Filings on Record
31
2019–present window
Filed
Nov 7, 2025
original filing

Summary

Tobam reported $276M in U.S.-listed holdings across 247 positions for Q3 2025.

Its largest position, MSTR, represents 3.2% of the portfolio.

Compared with Q2 2025, the fund opened 29 new positions and exited 35.

Portfolio Metrics

Turnover
+17.3%
vs prior filed quarter
Top-10 Concentration
+27.2%
share of reported value
Largest Position
+3.2%
Strategy
New / Exited
29 / 35
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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: $2.1BQ4 ’18Q1 ’19: $2.0BQ2 ’19: $1.8BQ3 ’19: $1.5BQ4 ’19: $1.6BQ4 ’19Q1 ’20: $1.3BQ2 ’20: $1.6BQ3 ’20: $2.0BQ4 ’20: $2.2BQ4 ’20Q1 ’21: $2.4BQ2 ’21: $2.5BQ3 ’21: $2.4BQ4 ’21: $2.2BQ4 ’21Q1 ’22: $2.0BQ2 ’22: $1.6BQ3 ’22: $1.4BQ4 ’22: $1.5BQ4 ’22Q1 ’23: $1.5BQ2 ’23: $1.3BQ3 ’23: $1.2BQ4 ’23: $1.1BQ4 ’23Q1 ’24: $1.1BQ2 ’24: $638MQ3 ’24: $548MQ4 ’24: $328MQ4 ’24Q1 ’25: $234MQ2 ’25: $256MQ3 ’25: $276MQ1 ’26: $384MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 95.5%REIT: 2.7%ADR: 1.2%Other: 0.6%
  • Common Stock · 95.5% · $264M
  • REIT · 2.7% · $7M
  • ADR · 1.2% · $3M
  • Other · 0.6% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
INSMINSMED INCNEW+19.1K19.1K+$3M$3M
GMGENERAL MOTORS CONEW+32.9K32.9K+$2M$2M
EBAYEBAY INCNEW+19.2K19.2K+$2M$2M
JAMES HARDIE IND PLC-SPNEW+89.4K89.4K+$2M$2M
ALABASTERA LABS INCNEW+5.8K5.8K+$1M$1M
SMLRSEMLER SCIENTIFIC INCNEW+23.9K23.9K+$716,000$716,000
CFCF INDUSTRIES HOLDINGS INCNEW+7.1K7.1K+$640,000$640,000
INTCINTEL CORPNEW+12.3K12.3K+$412,000$412,000

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

Holdings — Q3 2025

246 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSTRSTRATEGY INChistory →COM3.17%$9M27.2K
2EDCONSOLIDATED EDISON INChistory →COM2.76%$8M75.8K
3HSYHERSHEY CO/THEhistory →COM2.74%$8M40.4K
4CBOECBOE HOLDINGS INChistory →COM2.73%$8M30.8K
5KRKROGER COhistory →COM2.72%$8M111.5K
6CHDCHURCH & DWIGHT CO INChistory →COM2.71%$7M85.4K
7VZVERIZON COMMUNICATIONS INChistory →COM2.70%$7M169.6K
8TAT&T INChistory →COM2.68%$7M262.3K
9CORCENCORA INChistory →COM2.50%$7M22.1K
10CLXCLOROX COMPANYhistory →COM2.42%$7M54.3K
11EXCEXELON CORPhistory →COM2.40%$7M146.9K
12EAELECTRONIC ARTS INChistory →COM2.39%$7M32.7K
13GOOGLALPHABET INC-CL Ahistory →COM2.28%$6M25.9K
14DGDOLLAR GENERAL CORPhistory →COM1.96%$5M52.4K
15UNHUNITEDHEALTH GROUP INChistory →COM1.89%$5M15.1K
16EWEDWARDS LIFESCIENCES CORPhistory →COM1.89%$5M67.1K
17AMTAMERICAN TOWER CORPhistory →COM1.82%$5M26.2K
18TMUST-MOBILE US INChistory →COM1.70%$5M19.6K
19GISGENERAL MILLS INChistory →COM1.67%$5M91.4K
20LPLALPL FINANCIAL HOLDINGS INChistory →COM1.65%$5M13.6K
21CNCCENTENE CORPhistory →COM1.57%$4M121.4K
22BMYBRISTOL-MYERS SQUIBB COhistory →COM1.56%$4M95.6K
23WSTWEST PHARMACEUTICAL SERVICEShistory →COM1.55%$4M16.3K
24KDPKEURIG DR PEPPER INChistory →COM1.48%$4M160.6K
25DXCMDEXCOM INChistory →COM1.46%$4M59.9K
26DLTRDOLLAR TREE INChistory →COM1.43%$4M42.0K
27AVGOBROADCOM INChistory →COM1.41%$4M11.8K
28MDLZMONDELEZ INTERNATIONAL INC-Ahistory →COM1.40%$4M61.8K
29NVDANVIDIA CORPhistory →COM1.37%$4M20.3K
30JNJJOHNSON & JOHNSONhistory →COM1.33%$4M19.8K
31FSLRFIRST SOLAR INChistory →COM1.30%$4M16.2K
32AXONAXON ENTERPRISE INChistory →COM1.29%$4M5.0K
33ANETARISTA NETWORKS INChistory →COM1.21%$3M22.9K
34UTHRUNITED THERAPEUTICS CORPhistory →COM1.16%$3M7.6K
35HUMHUMANA INChistory →COM1.12%$3M11.9K
36INSMINSMED INCCOM1.00%$3M19.1K
37FISVFISERV INCCOM0.98%$3M21.0K
38NKENIKE INC -CL BCOM0.92%$3M36.4K
39TUTELUS CORPCOM0.90%$2M112.9K
40DHIDR HORTON INCCOM0.87%$2M14.2K
41ORCLORACLE CORPCOM0.86%$2M8.5K
42BCEBCE INCCOM0.86%$2M72.8K
43HDBHDFC BANK LTD-ADRCOM0.85%$2M68.8K
44ELVELEVANCE HEALTH INCCOM0.85%$2M7.2K
45FTNTFORTINET INCCOM0.84%$2M27.6K
46LLYELI LILLY & COCOM0.84%$2M3.0K
47NEMNEWMONT CORPCOM0.82%$2M26.8K
48DECKDECKERS OUTDOOR CORPCOM0.81%$2M22.1K
49EQTEQUITABLE RESOURCES INCCOM0.79%$2M40.2K
50WRBWR BERKLEY CORPCOM0.79%$2M28.4K
51MRKMERCK & CO. INC.COM0.79%$2M25.8K
52GMGENERAL MOTORS COCOM0.73%$2M32.9K
53MRNAMODERNA INCCOM0.67%$2M71.8K
54MCKMCKESSON CORPCOM0.64%$2M2.3K
55EBAYEBAY INCCOM0.63%$2M19.2K
56JAMES HARDIE IND PLC-SPCOM0.62%$2M89.4K
57LULULULULEMON ATHLETICA INCCOM0.62%$2M9.6K
58CCICROWN CASTLE INTL CORPCOM0.61%$2M17.6K
59RDDTREDDIT INC-CL ACOM0.51%$1M6.1K
60HRLHORMEL FOODS CORPCOM0.49%$1M54.5K
61HUTHUT 8 CORPCOM0.47%$1M37.1K
62RCIROGERS COMMUNICATIONS -CL BCOM0.45%$1M26.1K
63INCYINCYTE CORPCOM0.42%$1M13.8K
64WTWISDOMTREE INCCOM0.42%$1M83.8K
65NTRSNORTHERN TRUST CORPCOM0.42%$1M8.6K
66ALABASTERA LABS INCCOM0.41%$1M5.8K
67SJMJM SMUCKER CO/THECOM0.40%$1M10.2K
68VVISA INC-CLASS A SHARESCOM0.40%$1M3.2K
69PPURE STORAGE INC - CLASS ACOM0.38%$1M12.5K
70MAMASTERCARD INC-CLASS ACOM0.38%$1M1.8K
71IBNICICI BANK LTD-SPON ADRCOM0.37%$1M34.2K
72MARAMARA HOLDINGS INCCOM0.37%$1M56.3K
73CLSKCLEANSPARK INCCOM0.35%$972,00067.1K
74XYZBLOCK INCCOM0.35%$960,00013.3K
75PODDINSULET CORPCOM0.34%$941,0003.0K
76SNPSSYNOPSYS INCCOM0.31%$846,0001.7K
77MSFTMICROSOFT CORPCOM0.29%$799,0001.5K
78NTNXNUTANIX INC - ACOM0.27%$738,0009.9K
79SMLRSEMLER SCIENTIFIC INCCOM0.26%$716,00023.9K
80NBIXNEUROCRINE BIOSCIENCES INCCOM0.26%$708,0005.0K
81TWLOTWILIO INC - ACOM0.24%$662,0006.6K
82AAPLAPPLE INCCOM0.24%$662,0002.6K
83AMZNAMAZON.COM INCCOM0.24%$655,0003.0K
84CFCF INDUSTRIES HOLDINGS INCCOM0.23%$640,0007.1K
85METAMETA PLATFORMS INCCOM0.22%$615,000837
86CLSCELESTICA INCCOM0.20%$554,0001.6K
87QCOMQUALCOMM INCCOM0.19%$535,0003.2K
88CVSCVS HEALTH CORPCOM0.19%$516,0006.8K
89INTCINTEL CORPCOM0.15%$412,00012.3K
90AMDADVANCED MICRO DEVICESCOM0.15%$412,0002.5K
91BACBANK OF AMERICA CORPCOM0.14%$395,0007.7K
92CMGCHIPOTLE MEXICAN GRILL INCCOM0.14%$392,00010.0K
93GSGOLDMAN SACHS GROUP INCCOM0.13%$367,000461
94TSLATESLA INCCOM0.11%$316,000710
95PEPPEPSICO INCCOM0.10%$277,0002.0K
96CAHCARDINAL HEALTH INCCOM0.09%$260,0001.7K
97HIVEHIVE DIGITAL TECHNOLOGIES LT - USDCOM0.09%$240,00059.7K
98PGPROCTER & GAMBLE CO/THECOM0.09%$237,0001.5K
99APHAMPHENOL CORP-CL ACOM0.08%$223,0001.8K
100CNICANADIAN NATL RAILWAY COCOM0.07%$198,0001.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$384M250May 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$276M247Nov 7, 202513F-HRchanges · EDGAR ↗
Q2 2025$256M253Aug 8, 202513F-HRchanges · EDGAR ↗
Q1 2025$234M251Apr 16, 202513F-HRchanges · EDGAR ↗
Q4 2024$328M319Jan 28, 202513F-HRchanges · EDGAR ↗
Q3 2024$548M319Oct 9, 202413F-HRchanges · EDGAR ↗
Q2 2024$638M326Aug 1, 2024RESTATEMENTchanges · EDGAR ↗
Q1 2024$1.1B377May 2, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.1B374Jan 26, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.2B376Oct 31, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.3B359Jul 31, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.5B360May 3, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.5B406Feb 2, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.4B430Nov 2, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.6B429Aug 2, 202213F-HRchanges · EDGAR ↗
Q1 2022$2.0B429Apr 25, 202213F-HRchanges · EDGAR ↗
Q4 2021$2.2B435Feb 15, 202213F-HRchanges · EDGAR ↗
Q3 2021$2.4B429Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$2.5B433Aug 11, 202113F-HRchanges · EDGAR ↗
Q1 2021$2.4B427May 11, 202113F-HRchanges · EDGAR ↗
Q4 2020$2.2B429Feb 3, 202113F-HRchanges · EDGAR ↗
Q3 2020$2.0B424Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.6B143Aug 17, 202013F-HRchanges · EDGAR ↗
Q1 2020$1.3B135May 7, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.6B116Feb 10, 202013F-HRchanges · EDGAR ↗
Q3 2019$1.5B119Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019$1.8B123Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$2.0B138May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$2.1B155Feb 11, 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 ↗.