Managers / Q2 2025 · view latest →
111 Capital
CIK 0002060412 · 9 RUE DE LA PAIX, PARIS, I0, 75002 · 0188467617
Summary
111 Capital reported $582M in U.S.-listed holdings across 497 positions for Q2 2025.
Its largest position, SE, represents 5.5% of the portfolio.
Compared with Q1 2025, the fund opened 272 new positions and exited 220.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 76.4% · $444M
- ETP · 9.5% · $55M
- Other · 7.0% · $41M
- ADR · 5.7% · $33M
- REIT · 1.4% · $8M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| INDUSTRIAL SELECT SECT SPDR | NEW | +139.2K | 139.2K | +$21M | $21M |
| HEALTH CARE SELECT SECTOR | NEW | +80.2K | 80.2K | +$11M | $11M |
| AVGOBROADCOM INC | NEW | +36.4K | 36.4K | +$10M | $10M |
| CPRTCOPART INC | NEW | +92.4K | 92.4K | +$5M | $5M |
| ZTSZOETIS INC | NEW | +26.0K | 26.0K | +$4M | $4M |
| ORLYO'REILLY AUTOMOTIVE INC | NEW | +37.9K | 37.9K | +$3M | $3M |
| PGRPROGRESSIVE CORP | NEW | +12.5K | 12.5K | +$3M | $3M |
| FISVFISERV INC | NEW | +17.6K | 17.6K | +$3M | $3M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2025
Filing History
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 ↗.