CapitalatWork S.A.

Fundamental diversified ★Signal CIK 2135126
League rank
#617
in Fundamental diversified · #6235 overall
Long book
$3.35B
Q1 2026
Positions
60
Top-10 weight
39%
concentration
Last quarter
-4.7%
SPY -4.4%
Turnover
13%
of book per quarter

Strategy in plain words

auto-generated from filings

CapitalatWork S.A. is a diversified fundamental manager, running a $3.35B US long book across 60 positions.

The portfolio is moderately concentrated (top 10 ≈ 39% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: ALPHABET INC-CL C, APOLLO GLOBAL MANAGEMENT INC, INTEL CORP, SCHWAB (CHARLES) CORP, MICROSOFT CORP.

Over the last 8 quarters its long book ran on average 0.8pp per quarter behind the S&P 500, beating the index in 2 of 8 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
+0.9%
Q2 2024
+4.3%
Q3 2024
+2.3%
Q4 2024
-1.1%
Q1 2025
+5.8%
Q2 2025
+9.8%
Q3 2025
+2.0%
Q4 2025
-4.7%

Sector allocation

Technology
36%
Services media
23%
Financials
23%
Communications
7%
Healthcare
4%
Industrials
3%
Consumer discretionary
3%
Energy
2%

Long book by quarter

$2.98B
Q1 2024
$2.97B
Q2 2024
$2.93B
Q3 2024
$3.08B
Q4 2024
$3.07B
Q1 2025
$3.29B
Q2 2025
$3.43B
Q3 2025
$3.27B
Q4 2025
$3.35B
Q1 2026

What does CapitalatWork S.A. own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
GOOG ALPHABET INC-CL CTechnology573.6K$164.5M4.9%-26.6%
APO APOLLO GLOBAL MANAGEMENT INCFinancials1.5M$163.0M4.9%+12.2%
INTC INTEL CORPTechnology3.4M$148.1M4.4%-11.1%
SCHW SCHWAB (CHARLES) CORPFinancials1.6M$146.3M4.4%+3.5%
MSFT MICROSOFT CORPTechnology379.4K$140.4M4.2%+279.2%
TMUS T-MOBILE US INCCommunications576.0K$121.0M3.6%+32.5%
AER AERCAP HOLDINGS NVServices media839.1K$115.1M3.4%-2.7%
BLK BLACKROCK INCFinancials110.9K$106.6M3.2%+4.6%
MELI MERCADOLIBRE INCServices media58.8K$101.7M3.0%+264.8%
CB CHUBB LTDFinancials309.2K$100.8M3.0%-2.6%
CMCSA COMCAST CORP-CLASS ACommunications3.5M$100.4M3.0%-1.2%
ABNB AIRBNB INC-CLASS AServices media755.6K$95.4M2.8%+20.4%
UBER UBER TECHNOLOGIES INCServices media1.2M$89.3M2.7%+51.3%
AON AON PLC-CLASS AFinancials272.0K$87.8M2.6%+37.5%
LH LABCORP HOLDINGS INCHealthcare321.7K$85.8M2.6%-2.3%
CRM SALESFORCE INCTechnology443.0K$82.7M2.5%+47.0%
AMAT APPLIED MATERIALS INCTechnology230.5K$78.8M2.4%-54.7%
ORCL ORACLE CORPTechnology491.2K$72.3M2.2%+0.6%
LVS LAS VEGAS SANDS CORPServices media1.3M$69.0M2.1%-0.3%
NOW SERVICENOW INCTechnology622.4K$65.1M1.9%New
V VISA INC-CLASS A SHARESServices media210.3K$63.5M1.9%-2.1%
AMZN AMAZON.COM INCConsumer discretionary299.0K$62.3M1.9%+596.2%
META META PLATFORMS INC-CLASS ATechnology102.6K$58.7M1.8%+12.2%
NVDA NVIDIA CORPTechnology325.8K$56.8M1.7%New
ICE INTERCONTINENTAL EXCHANGE INFinancials337.0K$53.0M1.6%+17.8%
TTWO TAKE-TWO INTERACTIVE SOFTWRETechnology262.8K$51.9M1.5%-8.7%
ADBE ADOBE INCTechnology207.4K$50.4M1.5%+44.1%
DE DEERE & COIndustrials81.4K$45.9M1.4%-3.7%
WH WYNDHAM HOTELS & RESORTS INCServices media558.8K$45.4M1.4%+6.5%
DIS WALT DISNEY CO/THEServices media403.6K$38.9M1.2%+47.1%
AMRZ AMRIZE LTDIndustrials586.5K$32.9M1.0%+85.8%
AVGO BROADCOM INCTechnology103.0K$31.9M1.0%+251.1%
AMD ADVANCED MICRO DEVICESTechnology153.3K$31.2M0.9%+14.1%
SPGI S&P GLOBAL INCServices media70.1K$29.8M0.9%+1743.9%
CVX CHEVRON CORPEnergy143.9K$29.8M0.9%-71.8%
ZBH ZIMMER BIOMET HOLDINGS INCHealthcare327.1K$29.6M0.9%-1.5%
NFLX NETFLIX INCServices media291.4K$28.0M0.8%-10.0%
UNH UNITEDHEALTH GROUP INCFinancials98.3K$26.6M0.8%Held
BX BLACKSTONE INCFinancials228.2K$26.2M0.8%Held
PANW PALO ALTO NETWORKS INCTechnology154.8K$24.8M0.7%New
GWW WW GRAINGER INCConsumer discretionary21.5K$23.4M0.7%-5.1%
CPAY CORPAY INCServices media79.2K$23.0M0.7%+0.3%
INTU INTUIT INCTechnology49.5K$21.4M0.6%+115.7%
XOM EXXON MOBIL CORPEnergy122.3K$20.8M0.6%-76.4%
PINS PINTEREST INC- CLASS ATechnology1.1M$19.4M0.6%-1.0%
ACN ACCENTURE PLC-CL AServices media89.6K$17.8M0.5%New
FISV FISERV INCServices media288.9K$16.1M0.5%-0.3%
ZTS ZOETIS INCHealthcare82.7K$9.8M0.3%Held
DOCU DOCUSIGN INCTechnology184.0K$8.7M0.3%-20.6%
ROP ROPER TECHNOLOGIES INCTechnology23.9K$8.5M0.3%+53.2%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HR/ARESTATEMENTJul 29, 202692$3.36B $K fixed canonicalSEC ↗
Q1 202613F-HRMay 15, 20261$1K $K fixed SEC ↗
Q4 202513F-HRAug 7, 202689$3.28B $K fixed canonicalSEC ↗
Q3 202513F-HRAug 7, 202684$3.44B $K fixed canonicalSEC ↗
Q2 202513F-HRAug 7, 202685$3.29B $K fixed canonicalSEC ↗
Q1 202513F-HRAug 7, 202684$3.08B $K fixed canonicalSEC ↗
Q4 202413F-HRAug 7, 202680$3.09B $K fixed canonicalSEC ↗
Q3 202413F-HRAug 7, 202676$2.94B $K fixed canonicalSEC ↗
Q2 202413F-HRAug 7, 202677$2.98B $K fixed canonicalSEC ↗
Q1 202413F-HRAug 7, 202677$2.99B $K fixed canonicalSEC ↗