BSN CAPITAL PARTNERS Ltd

Fundamental concentrated ★Signal technology specialist (67%) CIK 1911876
League rank
#554
in Fundamental concentrated · #2635 overall
Long book
$3.93B
Q1 2026
Positions
26
Top-10 weight
88%
concentration
Last quarter
+13.0%
SPY +14.8%
Turnover
8%
of book per quarter

Strategy in plain words

auto-generated from filings

BSN CAPITAL PARTNERS Ltd is a concentrated fundamental stock-picker, specialised in technology (67% of the long book), running a $3.93B US long book across 26 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: NVIDIA CORP, APPLE INC, MICROSOFT CORP, ISHARES CORE S&P 500 ETF, ALPHABET INC-CL A.

Over the last 9 quarters its long book ran on average 0.8pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+16.4%
Q2 2024
+6.0%
Q3 2024
-0.6%
Q4 2024
-6.3%
Q1 2025
+14.2%
Q2 2025
+3.8%
Q3 2025
-3.0%
Q4 2025
-10.0%
Q1 2026
+13.0%

Sector allocation

Technology
68%
Financials
13%
Healthcare
6%
Consumer discretionary
5%
Services media
4%
Industrials
2%
Real estate
1%

Long book by quarter

$1.35B
Q1 2024
$1.53B
Q2 2024
$513.6M
Q3 2024
$2.50B
Q4 2024
$2.05B
Q1 2025
$1.27B
Q2 2025
$1.27B
Q3 2025
$2.12B
Q4 2025
$3.93B
Q1 2026

What does BSN CAPITAL own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology6.1M$1.11B28.2%+142.7%
AAPL APPLE INCTechnology2.1M$546.6M13.9%+304.8%
MSFT MICROSOFT CORPTechnology920.0K$401.5M10.2%+76.9%
GOOGL ALPHABET INC-CL ATechnology701.0K$210.9M5.4%New
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials397.0K$196.5M5.0%Held
AMZN AMAZON.COM INCConsumer discretionary790.6K$182.3M4.6%+33.9%
ISRG INTUITIVE SURGICAL INCHealthcare271.0K$141.6M3.6%+58.5%
NFLX NETFLIX INCServices media1.3M$138.6M3.5%Held
GS GOLDMAN SACHS GROUP INCFinancials158.5K$136.6M3.5%New
BSX BOSTON SCIENTIFIC CORPHealthcare629.0K$60.1M1.5%+25.8%
BAC BANK OF AMERICA CORPFinancials1.0M$54.6M1.4%Held
AMD ADVANCED MICRO DEVICESTechnology199.5K$51.8M1.3%Held
TSLA TESLA INCIndustrials97.0K$43.1M1.1%Held
WFC WELLS FARGO & COFinancials460.0K$39.0M1.0%Held
PLTR PALANTIR TECHNOLOGIES INC-ATechnology200.1K$37.4M1.0%Held
BLK BLACKROCK INCFinancials20.0K$21.4M0.5%Held
BNY BANK OF NEW YORK MELLON CORPFinancials169.5K$18.5M0.5%Held
CBRE CBRE GROUP INC - AReal estate123.0K$18.3M0.5%+100.0%
BA BOEING CO/THEIndustrials81.2K$18.1M0.5%Held
GOOG ALPHABET INC-CL CTechnology53.8K$16.9M0.4%Held
CSGP COSTAR GROUP INCServices media150.9K$11.8M0.3%Held
RTX RTX CORPIndustrials65.4K$11.3M0.3%Held
CCL CARNIVAL CORP LTDIndustrials344.4K$10.1M0.3%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HR/ANEW HOLDINGSJun 30, 20261$0 canonicalSEC ↗
Q1 202613F-HRApr 27, 202641$2.12B canonicalSEC ↗
Q4 202513F-HR/ARESTATEMENTMar 4, 20261$0 canonicalSEC ↗
Q4 202513F-HRJan 28, 202620$1.27B SEC ↗
Q3 202513F-HRNov 7, 202520$1.27B canonicalSEC ↗
Q2 202513F-HRJul 25, 202520$1.27B canonicalSEC ↗
Q1 202513F-HRMay 14, 202520$2.05B canonicalSEC ↗
Q4 202413F-HRJan 28, 202534$2.50B canonicalSEC ↗
Q3 202413F-HROct 9, 202443$513.6M canonicalSEC ↗
Q2 202413F-HRAug 1, 20249$1.53B canonicalSEC ↗
Q1 202413F-HRApr 16, 20247$1.35B canonicalSEC ↗