SEC 13F Intelligence

Managers / Q1 2025 · view latest →

Kemnay Advisory Services Inc.

CIK 0001555283 · 1 ROCKEFELLER PLAZA, SUITE 1800, NEW YORK, NY, 10020 · (212) 218-6982

Reported Value
$532M
Q1 2025
Positions
24
Filings on Record
30
2019–present window
Filed
May 15, 2025
original filing

Summary

Kemnay Advisory Services Inc. reported $532M in U.S.-listed holdings across 24 positions for Q1 2025.

The portfolio is heavily concentrated: VNO alone accounts for 40.6% of reported value.

Compared with Q4 2024, the fund opened 1 new position and exited 1.

Portfolio Metrics

Turnover
+8.7%
vs prior filed quarter
Top-10 Concentration
+81.5%
share of reported value
Largest Position
+40.6%
Vornado Rlty Tr
New / Exited
1 / 1
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: $267MQ4 ’18Q1 ’19: $466MQ2 ’19: $409MQ3 ’19: $390MQ4 ’19: $403MQ4 ’19Q1 ’20: $356MQ2 ’20: $676MQ3 ’20: $721MQ4 ’20: $789MQ4 ’20Q1 ’21: $716MQ2 ’21: $844MQ3 ’21: $762MQ4 ’21: $712MQ4 ’21Q1 ’22: $561MQ2 ’22: $411MQ3 ’22: $311MQ4 ’22: $199MQ4 ’22Q1 ’23: $198MQ2 ’23: $228MQ3 ’23: $334MQ4 ’23: $412MQ4 ’23Q1 ’24: $520MQ2 ’24: $481MQ3 ’24: $552MQ4 ’24: $557MQ4 ’24Q1 ’25: $532MQ2 ’25: $629MQ3 ’25: $658MQ4 ’25: $663MQ4 ’25Q1 ’26: $622Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 41.4%REIT: 40.6%ETP: 11.2%ADR: 5.0%Other: 1.8%
  • Common Stock · 41.4% · $220M
  • REIT · 40.6% · $216M
  • ETP · 11.2% · $60M
  • ADR · 5.0% · $26M
  • Other · 1.8% · $10M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SOFISOFI TECHNOLOGIES INCNEW+94.4K94.4K+$1M$1M
TSMTAIWAN SEMICONDUCTOR MFG LTDADDED+101.5K158.9K+$15M$26M
CRMSALESFORCE INCSOLD OUT−34.5K0−$12M$0
ORCLORACLE CORPADDED+22.5K56.4K+$2M$8M
MSFTMICROSOFT CORPADDED+10.7K37.8K+$3M$14M
NVDANVIDIA CORPORATIONADDED+30.8K110.4K+$1M$12M
BRK/BBERKSHIRE HATHAWAY INC DELADDED+8.1K32.1K+$6M$17M
TMOTHERMO FISHER SCIENTIFIC INCADDED+8.4K33.9K+$4M$17M

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

Holdings — Q1 2025

24 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VNOVORNADO RLTY TRhistory →SH BEN INT40.59%$216M5.83M
2ISHARES MSCI JAPAN ETF (PCQ)MSCI JPN ETF NEW11.21%$60M869.5K
3COINCOINBASE GLOBAL INChistory →COM CL A7.53%$40M232.3K
4TSMTAIWAN SEMICONDUCTOR MFG LTDhistory →SPONSORED ADS4.96%$26M158.9K
5BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW3.21%$17M32.1K
6TMOTHERMO FISHER SCIENTIFIC INChistory →COM3.17%$17M33.9K
7VVISA INChistory →COM CL A2.87%$15M43.5K
8MAMASTERCARD INCORPORATEDhistory →CL A2.82%$15M27.3K
9MSFTMICROSOFT CORPhistory →COM2.67%$14M37.8K
10AMZNAMAZON COM INChistory →COM2.47%$13M69.0K
11GOOGALPHABET INChistory →CAP STK CL C2.45%$13M83.3K
12METAMETA PLATFORMS INChistory →CL A2.34%$12M21.6K
13NVDANVIDIA CORPORATIONhistory →COM2.25%$12M110.4K
14CSXCSX CORPhistory →COM1.86%$10M336.8K
15TPDSOMNIGROUP INTERNATIONAL INChistory →COM1.82%$10M161.6K
16ORCLORACLE CORPhistory →COM1.48%$8M56.4K
17DHRDANAHER CORPORATIONhistory →COM1.43%$8M37.1K
18QCOMQUALCOMM INChistory →COM1.29%$7M44.5K
19NU HLDGS LTDORD SHS CL A1.28%$7M664.4K
20MLB1MERCADOLIBRE INCCOM0.96%$5M2.6K
21AAPLAPPLE INCCOM0.56%$3M63.2K
22OFFERPAD SOLUTIONS INCCOM CL A0.43%$2M1.38M
23SOFISOFI TECHNOLOGIES INCCOM0.21%$1M94.4K
24VACASA INCCL A NEW0.13%$680,527126.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$622M1,190May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$663M862Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$658M22Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$629M23Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$532M24May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$557M24Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$552M24Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$481M25Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$520M24May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$412M23Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$334M22Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$228M24Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$198M23May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$199M23Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$311M34Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$411M35Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$561M34May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$712M34Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$762M87Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$844M91Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$716M86May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$789M90Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$721M80Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$676M83Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$356M64May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$403M67Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$390M87Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$409M76Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$466M139May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$267M128Feb 14, 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 ↗.