Managers / Q1 2026
Brehaut David Pascal
CIK 0002106649
Summary
Brehaut David Pascal reported $908M in U.S.-listed holdings across 1 positions for Q1 2026.
The portfolio is heavily concentrated: KSPI alone accounts for 100.0% of reported value.
The book was largely unchanged from Q4 2025.
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
- ADR · 100.0% · $908M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| KSPIKASPI KZ JSC | HELD | +0 | 12.26M | −$50M | $908M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2026
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | KSPIKASPI KZ JSChistory → | SPONSORED ADS | 100.00% | $908M | 12.26M |
Filing History
Other Included Managers
This filing reports holdings on behalf of 1 additional manager.
- European Investors Ltd028-26307
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 ↗.