Climber Capital SA
Long book
$152.6M
Q1 2026
Positions
69
Top-10 weight
45%
concentration
Last quarter
+5.7%
SPY +14.8%
Turnover
19%
of book per quarter
Strategy in plain words
auto-generated from filingsClimber Capital SA is a wealth-management firm allocating client money, running a $152.6M US long book across 69 positions.
The portfolio is moderately concentrated (top 10 ≈ 45% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: SPDR GOLD SHARES, VANGUARD S&P 500 ETF, ISHARES 0-1 YEAR TREASURY BO, SS SPDR P ST C CORP ETF, VANGUARD S/T CORP BOND ETF.
Over the last 5 quarters its long book ran on average 0.9pp per quarter behind the S&P 500, beating the index in 2 of 5 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q4 2024
+2.0%
Q1 2025
+5.9%
Q2 2025
+6.8%
Q4 2025
+0.5%
Q1 2026
+5.7%
Sector allocation
Technology 48%
Energy 13%
Healthcare 10%
Services media 7%
Financials 6%
Consumer staples 5%
Consumer discretionary 4%
Industrials 4%
Long book by quarter
What does Climber Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GOOGL ALPHABET INC-CL A | Technology | 12.8K | $3.7M | 2.4% | +3.7% |
| AAPL APPLE INC | Technology | 10.9K | $2.8M | 1.8% | +22.4% |
| TTE TOTALENERGIES SE | Energy | 16.3K | $1.5M | 1.0% | New |
| MSFT MICROSOFT CORP | Technology | 2.8K | $1.0M | 0.7% | +108.4% |
| CVX CHEVRON CORP | Energy | 4.5K | $931K | 0.6% | New |
| V VISA INC-CLASS A SHARES | Services media | 2.6K | $788K | 0.5% | +298.0% |
| CSCO CISCO SYSTEMS INC | Technology | 10.1K | $781K | 0.5% | New |
| AMZN AMAZON.COM INC | Consumer discretionary | 3.7K | $773K | 0.5% | +244.2% |
| UBS UBS GROUP AG-REG | Financials | 17.6K | $677K | 0.4% | New |
| KO COCA-COLA CO/THE | Consumer staples | 8.6K | $657K | 0.4% | +159.4% |
| ABBV ABBVIE INC | Healthcare | 2.8K | $598K | 0.4% | +206.8% |
| MA MASTERCARD INC - A | Services media | 1.1K | $554K | 0.4% | +171.4% |
| PFE PFIZER INC | Healthcare | 19.4K | $543K | 0.4% | New |
| NVDA NVIDIA CORP | Technology | 3.1K | $536K | 0.4% | +11.2% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 1.1K | $505K | 0.3% | +39.8% |
| PG PROCTER & GAMBLE CO/THE | Other | 3.4K | $496K | 0.3% | +7.3% |
| UPS UNITED PARCEL SERVICE-CL B | Industrials | 4.8K | $472K | 0.3% | New |
| ALC ALCON INC | Healthcare | 5.7K | $420K | 0.3% | New |
| JNJ JOHNSON & JOHNSON | Healthcare | 1.5K | $360K | 0.2% | -27.7% |
| GOOG ALPHABET INC-CL C | Technology | 1.1K | $313K | 0.2% | +10.1% |
| KHC KRAFT HEINZ CO/THE | Consumer staples | 10.9K | $244K | 0.2% | New |
| BKNG BOOKING HOLDINGS INC | Industrials | 49 | $206K | 0.1% | Held |