1y return−0.8%S&P 500 +20.9%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2023: $86 against $157 in the S&P 500.2
Zeno Equity Partners LLPS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| DHRDanaher Ord | $47.9M | 17.8% | +1.3% |
| Linde OrdCUSIP G54950103 | $29.3M | 10.9% | −7.6% |
| AMZNAmazon Com Ord | $25.5M | 9.5% | −24.3% |
| VISTVista Energy Spon Srs A Adr | $23.6M | 8.8% | +27.4% |
| HEI/AHeico Cl A Ord | $22.7M | 8.4% | −2.4% |
| Waldencast Cl A OrdCUSIP G9503X103 | $21.6M | 8.0% | |
| DSGXDescartes System Ord | $19.4M | 7.2% | −2.4% |
| Patria Investments Cl A OrdCUSIP G69451105 | $18.7M | 6.9% | +26.1% |
| ITUBItau Unibanco Holding Adr Rep 1 Prf | $17.8M | 6.6% | −2.4% |
| VMCVulcan Materials Ord | $10.4M | 3.9% | New |
| PAMPampa Energia Adr Repsg 25 Ord | $9.3M | 3.4% | −2.4% |
| VVisa Cl A Ord | $8.4M | 3.1% | New |
| SGISomnigroup International Ord | $7.7M | 2.9% | −57.7% |
| RYAAYRyanair Holdings Ord Adr | $3.7M | 1.4% | +6.2% |
| Spotify Technology OrdCUSIP L8681T102 | $2.8M | 1.0% | New |
| Waldencast Eqy WarrantCUSIP G9503X111 | $229K | 0.1% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| AMZNAmazon Com Ord | December 31, 2023 | +56.9% | $25.5M |
| HEI/AHeico Cl A Ord | June 30, 2024 | +45.3% | $22.7M |
| SGISomnigroup International Ord | March 31, 2025 | +30.9% | $7.7M |
| Linde OrdCUSIP G54950103 | December 31, 2023 | +26.4% | $29.3M |
| RYAAYRyanair Holdings Ord Adr | March 31, 2026 | +12.0% | $3.7M |
| ITUBItau Unibanco Holding Adr Rep 1 Prf | March 31, 2026 | −2.5% | $17.8M |
| DSGXDescartes System Ord | March 31, 2026 | −3.2% | $19.4M |
| PAMPampa Energia Adr Repsg 25 Ord | March 31, 2026 | −7.2% | $9.3M |
| VISTVista Energy Spon Srs A Adr | March 31, 2026 | −15.5% | $23.6M |
| DHRDanaher Ord | December 31, 2023 | −17.7% | $47.9M |
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +5.7% | +14.8% |
| March 31, 2026 | −9.1% | −4.6% |
| December 31, 2025 | +2.5% | +2.4% |
| September 30, 2025 | +0.6% | +7.8% |
| June 30, 2025 | +6.7% | +10.5% |
| March 31, 2025 | −6.8% | −4.6% |
| December 31, 2024 | −1.4% | +2.1% |
| September 30, 2024 | +4.9% | +5.4% |
| June 30, 2024 | −9.9% | +4.0% |
| March 31, 2024 | −6.8% | +10.0% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Zeno Equity Partners LLP Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=2013334&type=13F-HR&dateb=&owner=include&count=40CIK 2013334
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/2013334/000201333426000010/Filed August 14, 2026 · accession 0002013334-26-000010