OPULION

Example

Every company we track

Equally weighted, and what they really hold: by liquidity, asset class, then sector, down to the businesses they hold in common.

The holdings

Indicative: it turns each share into euros. It stays in your browser.

14 companies in equal shares, 7.1 % each
CompanyWeightAmountAs at
Ackermans & van Haaren NV7.1 %7 143 €Jun 30, 2026
Brederode S.A.7.1 %7 143 €Jun 30, 2026
Exor N.V.7.1 %7 143 €Jun 30, 2026
Gimv NV7.1 %7 143 €Jun 30, 2026
Groupe Bruxelles Lambert SA7.1 %7 143 €Jun 30, 2026
HAL Trust7.1 %7 143 €Jun 30, 2026
Investment AB Latour7.1 %7 143 €Jun 30, 2026
Investor AB7.1 %7 143 €Jun 30, 2026
Pantheon International Plc7.1 %7 143 €May 31, 2026
Prosus N.V.7.1 %7 143 €Mar 31, 2026
Scottish Mortgage Investment Trust PLC7.1 %7 143 €Aug 31, 2026
Sofina SA7.1 %7 143 €Jun 30, 2026
SoftBank Group Corp.7.1 %7 143 €Jun 30, 2026
Wendel SE7.1 %7 143 €Jun 30, 2026
Total100.0 %100 000 €

What it really owns

Through its 14 companies: 290 businesses weighted, 892 named without a published weight. 60.9 % of the portfolio is identified name by name.

Its largest holdings

BusinessWeightAmountWeighted by
Tencent Holdingsvia Prosus N.V.5.1 %5 114 €Prosus N.V.
Arm Holdingsvia SoftBank Group Corp.4.3 %4 290 €SoftBank Group Corp.
Ferrarivia Exor N.V., Scottish Mortgage Investment Trust PLC2.6 %2 579 €Exor N.V., Scottish Mortgage Investment Trust PLC
Koninklijke Boskalis B.V.via HAL Trust2.2 %2 151 €HAL Trust
SVF2via SoftBank Group Corp.1.7 %1 658 €SoftBank Group Corp.
Asset Managers (IK Partners, Monroe Capital, Committed Advisors)via Wendel SE1.6 %1 640 €Wendel SE
Assa Abloyvia Investment AB Latour1.6 %1 630 €Investment AB Latour
ABBvia Investor AB1.6 %1 567 €Investor AB
Bureau Veritasvia Wendel SE1.5 %1 498 €Wendel SE
SGSvia Groupe Bruxelles Lambert SA1.4 %1 357 €Groupe Bruxelles Lambert SA

All 290 weighted and 892 named businesses, in detail

By type

Inner ring: liquidity. Outer ring: asset class. Pick a slice to see its sectors.

This portfolio

100 000 €

from Mar 31, 2026 to Aug 31, 2026

Pick a slice to see what it holds.

By sector

Inner ring: the share with a published sector. Outer ring: the sectors. Pick one to see which companies give you that exposure.

By sector

100 000 €

from Mar 31, 2026 to Aug 31, 2026

Pick a slice to see what it holds.

What debt changes

Everything above is based on gross assets, cash included, before debt. What you really own is what remains after each company's debt. With no common basis, debt is shown here company by company.

14 companies out of 14 have borrowings on record in our data. Debt not on record is not zero debt.

CompanyBorrowingsNet positionAs of
Ackermans & van Haaren NV1 902 M €Consolidated group borrowings: 524 M € (holding company)Jun 30, 2026
Brederode S.A.23.4 M €Investment company borrowingsNet cash: 3.1 M €Jun 30, 2026
Exor N.V.3 691 M €Investment company borrowings: 1 580 M € (calculated by Opulion)Jun 30, 2026
Groupe Bruxelles Lambert SA2 059 M €Investment company borrowingsNet cash: 28.7 M €Jun 30, 2026
Gimv NV359 M €Investment company borrowingsNet debt: 227 M €Jun 30, 2026
HAL Trust3 826 M €Consolidated group borrowingsNet cash: 1 129 M €Jun 30, 2026
Investor AB52 100 M SEKInvestment company borrowingsNet debt: 23 300 M SEKJun 30, 2026
Investment AB Latour16 854 M SEKInvestment company borrowingsNet debt: 13 929 M SEKJun 30, 2026
Pantheon International Plc240 M £Investment company borrowingsNet debt: 198 M £May 31, 2026
Prosus N.V.15.9 Bn $Investment company borrowingsNet debt: 6.4 Bn $Mar 31, 2026
Scottish Mortgage Investment Trust PLC1 540 M £Investment company borrowingsJul 31, 2026
Sofina SA1 299 M €Investment company borrowingsNet debt: 219 M €Jun 30, 2026
SoftBank Group Corp.27 790 Bn ¥Consolidated group borrowingsNet debt: 10 810 Bn ¥Jun 30, 2026
Wendel SE1 688 M €Investment company borrowingsNet debt: 1 181 M €Jun 30, 2026

Debt never appears in the rings: it is deducted separately.

All the detailEverything above, line by line: the full breakdown, the businesses by name, the reporting dates and coverage.

Combined breakdown

Three levels: liquidity, asset class, sector. Expand a row to go one level down. Shares follow the weights above.

This breakdown is calculated on of combined , cash included. Your selection mixes 3 measures: 7.1 % on of published shareholders' equity (Ackermans & van Haaren NV) · 85.7 % on of gross assets, cash included (12 companies) · 7.1 % on of published net asset value, after debt (HAL Trust). Gross assets are measured before debt, equity after it: anything measured differently is shown separately.

This breakdown covers 85.7 % of your portfolio: Brederode S.A., Exor N.V., Groupe Bruxelles Lambert SA, Gimv NV, Investor AB, Investment AB Latour, Pantheon International Plc, Prosus N.V., Scottish Mortgage Investment Trust PLC, Sofina SA, SoftBank Group Corp., Wendel SE. They all report their weights against of combined gross assets, cash included. The rest is shown below, company by company.

Liquid

42.9 % of combined gross assets, cash included

Listed equities

38.7 % of combined gross assets, cash included
Other sector
13.4 % of combined gross assets, cash included
Technology
6.1 % of combined gross assets, cash included
Communication services
6.0 % of combined gross assets, cash included
Consumer
5.5 % of combined gross assets, cash included
Industrials
5.3 % of combined gross assets, cash included
Health care
1.5 % of combined gross assets, cash included
Materials
0.5 % of combined gross assets, cash included
Financials
0.3 % of combined gross assets, cash included
Sector not established
< 0.1 % of combined gross assets, cash included
Energy
< 0.1 % of combined gross assets, cash included
Utilities
< 0.1 % of combined gross assets, cash included

Cash

3.9 % of combined gross assets, cash included
Other sector
3.9 % of combined gross assets, cash included

Listed fund

0.4 % of combined gross assets, cash included
Other sector
0.4 % of combined gross assets, cash included
Sector not established
< 0.1 % of combined gross assets, cash included

Illiquid

42.0 % of combined gross assets, cash included

Values reported by the company (“estimated market values”), not independently audited.

Unlisted companies, held directly

27.5 % of combined gross assets, cash included
Other sector
7.6 % of combined gross assets, cash included
Health care
3.8 % of combined gross assets, cash included
Industrials
3.2 % of combined gross assets, cash included
Sector not established
3.1 % of combined gross assets, cash included
Consumer
2.5 % of combined gross assets, cash included
Financials
2.4 % of combined gross assets, cash included
Several sectors
1.8 % of combined gross assets, cash included
Technology
1.8 % of combined gross assets, cash included
Communication services
1.0 % of combined gross assets, cash included
Energy
0.1 % of combined gross assets, cash included
Materials
< 0.1 % of combined gross assets, cash included

Private equity funds

12.1 % of combined gross assets, cash included
Other sector
8.1 % of combined gross assets, cash included
Several sectors
2.9 % of combined gross assets, cash included
Sector not established
0.4 % of combined gross assets, cash included
Financials
0.4 % of combined gross assets, cash included
Health care
< 0.1 % of combined gross assets, cash included
Technology
< 0.1 % of combined gross assets, cash included
Consumer
< 0.1 % of combined gross assets, cash included
Industrials
< 0.1 % of combined gross assets, cash included
Energy
< 0.1 % of combined gross assets, cash included

Venture capital funds

2.4 % of combined gross assets, cash included
Other sector
2.1 % of combined gross assets, cash included
Health care
0.3 % of combined gross assets, cash included
Sector not established
< 0.1 % of combined gross assets, cash included

Private debt

< 0.1 % of combined gross assets, cash included
Consumer
< 0.1 % of combined gross assets, cash included
Health care
< 0.1 % of combined gross assets, cash included

Liquidity not established

0.9 % of combined gross assets, cash included

Values reported by the company (“estimated market values”), not independently audited.

Other assets

0.9 % of combined gross assets, cash included
Sector not established
0.6 % of combined gross assets, cash included
Other sector
0.3 % of combined gross assets, cash included

Uncovered share

< 0.1 % of combined gross assets, cash included

The underlying companies, name by name

60.8 % of your portfolio is identified name by name, across 290 businesses whose weights the issuers publish.

CompanyShare of your portfolioHeld through
Tencent Holdings5.1 %Weighted as at Mar 31, 2026Weighted by Prosus N.V. · named by Prosus N.V.
Arm Holdings4.3 %Weighted as at Jun 30, 2026Weighted by SoftBank Group Corp. · named by SoftBank Group Corp.
Ferrari2.6 %Weighted partly as at Jun 30, 2026, partly as at Aug 31, 2026Through Exor N.V., Scottish Mortgage Investment Trust PLC
Koninklijke Boskalis B.V.2.2 %Weighted as at Jun 30, 2026Through HAL Trust
SVF21.7 %Weighted as at Jun 30, 2026Through SoftBank Group Corp.
Asset Managers (IK Partners, Monroe Capital, Committed Advisors)1.6 %Weighted as at Jun 30, 2026Through Wendel SE
Assa Abloy1.6 %Weighted as at Jun 30, 2026Through Investment AB Latour
ABB1.6 %Weighted as at Jun 30, 2026Through Investor AB
Bureau Veritas1.5 %Weighted as at Jun 30, 2026Through Wendel SE
SGS1.4 %Weighted as at Jun 30, 2026Through Groupe Bruxelles Lambert SA
Space Exploration Technologies1.3 %Weighted as at Aug 31, 2026Through Scottish Mortgage Investment Trust PLC
Koninklijke Vopak N.V.1.1 %Weighted as at Jun 30, 2026Through HAL Trust
Affidea1.0 %Weighted as at Jun 30, 2026Through Groupe Bruxelles Lambert SA
Atlas Copco0.9 %Weighted as at Jun 30, 2026Through Investor AB
Philips0.9 %Weighted as at Jun 30, 2026Weighted by Exor N.V. · named by Exor N.V.
Swegon0.9 %Weighted as at Jun 30, 2026Through Investment AB Latour
Hultafors Group0.7 %Weighted as at Jun 30, 2026Through Investment AB Latour
CNH0.7 %Weighted as at Jun 30, 2026Through Exor N.V.
Sweco0.6 %Weighted as at Jun 30, 2026Through Investment AB Latour
Sanoptis0.6 %Weighted as at Jun 30, 2026Through Groupe Bruxelles Lambert SA

The unnamed share

39.1 % of the portfolio is : aggregated buckets, segments, cash. That share is shown as it is, not spread across the names.

Ackermans & van Haaren NV, Gimv NV, Sofina SA put no amount against any name: they publish aggregated buckets or segments. The holdings these companies name are listed below, without weights.

Held by several companies

32 businesses are held by at least two of your companies.

CompanyShare of your portfolioHeld through
ByteDance0.3 %Weighted as at Aug 31, 2026Weighted by Scottish Mortgage Investment Trust PLC · named by Sofina SA, SoftBank Group Corp.
Revolut0.1 %Weighted partly as at May 31, 2026, partly as at Aug 31, 2026Weighted by Pantheon International Plc, Scottish Mortgage Investment Trust PLC · named by SoftBank Group Corp.
Tempus AI< 0.1 %Weighted as at Aug 31, 2026Weighted by Scottish Mortgage Investment Trust PLC · named by Exor N.V., SoftBank Group Corp.
Aurora Innovation< 0.1 %Weighted as at Aug 31, 2026Weighted by Scottish Mortgage Investment Trust PLC · named by Exor N.V., SoftBank Group Corp.
Recursion Pharmaceuticals< 0.1 %Weighted as at Aug 31, 2026Weighted by Scottish Mortgage Investment Trust PLC · named by Exor N.V., SoftBank Group Corp.
Ginkgo Bioworks Holdings< 0.1 %Weighted as at Aug 31, 2026Weighted by Scottish Mortgage Investment Trust PLC · named by Exor N.V., SoftBank Group Corp.
Ferrari2.6 %Weighted partly as at Jun 30, 2026, partly as at Aug 31, 2026Through Exor N.V., Scottish Mortgage Investment Trust PLC
NVIDIA0.4 %Weighted as at Aug 31, 2026Weighted by Scottish Mortgage Investment Trust PLC · named by Exor N.V.
MercadoLibre0.3 %Weighted as at Aug 31, 2026Weighted by Scottish Mortgage Investment Trust PLC · named by Exor N.V.
Moderna0.2 %Weighted as at Aug 31, 2026Weighted by Scottish Mortgage Investment Trust PLC · named by Exor N.V.
Intel0.2 %Weighted as at Jun 30, 2026Weighted by Brederode S.A. · named by SoftBank Group Corp.
Amazon.com0.2 %Weighted as at Aug 31, 2026Weighted by Scottish Mortgage Investment Trust PLC · named by Exor N.V.

Named without a published weight

892 businesses are named by 12 of your companies with no published weight. Expand a company to see them.

Each name keeps its own reporting date: 9 dates, from Dec 31, 2025 to Sep 9, 2026.

What SoftBank Group Corp. brings you394
What Sofina SA brings you129
What Gimv NV brings you65
What Ackermans & van Haaren NV brings you51
What Investor AB brings you47
What Investment AB Latour brings you44
What HAL Trust brings you43
What Groupe Bruxelles Lambert SA brings you37
  • 468 Capital IIJun 30, 2026
  • Ateliers VenetiJun 30, 2026
  • Backed 1Jun 30, 2026
  • Backed 2Jun 30, 2026
  • Backed Encore 1Jun 30, 2026
  • Berner UrologenJun 30, 2026
  • BobbejaanlandJun 30, 2026
  • BUKO GroupJul 8, 2026
  • Celeste Capital Sàrl (Affidea)Jun 30, 2026
  • Flora Food GroupJun 30, 2026
  • GfG Capital Sàrl (Canyon)Jun 30, 2026
  • GriffinJun 30, 2026
  • Human Capital HCM IVJun 30, 2026
  • Human Capital HCM S11A (Transcarent)Jun 30, 2026
  • Human Capital HCM S3C (Commure)Jun 30, 2026
  • Human Capital HCM VIJun 30, 2026
  • Iconiq VIIJun 30, 2026
  • Independent Talent GroupJun 30, 2026
  • Kartesia Credit Opportunities VJun 30, 2026
  • LabPointJun 30, 2026
  • Metropolitan (Roumanie)Jun 30, 2026
  • MirabilandiaJun 30, 2026
  • Piolin II (Parques Reunidos)Jun 30, 2026
  • Sagard Holdings ManagementJun 30, 2026
  • Sagard NewGen 2Jun 30, 2026
  • Sapphire (Proalpha)Jun 30, 2026
  • Sienna EuclideJun 30, 2026
  • Sienna Private Equity Fund IJun 30, 2026
  • Sienna Venture Capital Startup NationJun 30, 2026
  • Sofia Capital Sàrl (Sanoptis)Jun 30, 2026
  • TEC GroupJun 30, 2026
  • TECOJun 30, 2026
  • Tropical IslandsJun 30, 2026
  • Ver Capital (société de gestion)Jun 30, 2026
  • VER Capital Credit Partners S.A. - SMEs - Private DebtJun 30, 2026
  • VER Capital Credit Partners S.A. - VER Capital Special SituationsJun 30, 2026
  • WarnerJun 30, 2026
What Exor N.V. brings you33
What Prosus N.V. brings you30
What Wendel SE brings you13
What Scottish Mortgage Investment Trust PLC brings you11

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How to read these figuresEach company's reporting date, the calculation bases, what the figures cover, and the detail company by company.

What it contains

Latest publications available on Oct 12, 2026

Each company is taken at its latest published reporting date. These dates differ; the age of each is shown.

None of these lines was chosen, and neither was any of these weights. Build your own below to see your own weights on a look-through basis.

Each company weighs 7.1 %

CompanyReporting dateAgeCoverage
Ackermans & van Haaren NVJun 30, 2026104 days100.0 %
Brederode S.A.Jun 30, 2026104 days99.9 %
Exor N.V.Jun 30, 2026104 days100.0 %
Groupe Bruxelles Lambert SAJun 30, 2026104 days100.0 %
Gimv NVJun 30, 2026104 days99.9 %
HAL TrustJun 30, 2026104 days100.0 %
Investor ABJun 30, 2026104 days99.9 %
Investment AB LatourJun 30, 2026104 days99.9 %
Pantheon International PlcMay 31, 2026134 days100.0 %
Prosus N.V.Mar 31, 2026195 days99.9 %
Scottish Mortgage Investment Trust PLCAug 31, 202642 days100.0 %
Sofina SAJun 30, 2026104 days100.0 %
SoftBank Group Corp.Jun 30, 2026104 days99.9 %
Wendel SEJun 30, 2026104 days100.0 %

Three kinds of coverage

Here, “coverage” has three meanings. Document coverage: the share backed by a published reporting date. Name-by-name: the share identified company by company. Sector: the share with a published sector. Full document coverage does not mean everything is identified.

Companies shown separately

These companies measure their weights differently, so adding them up would be meaningless. Each is shown on its own, with its full composition, below.

  • Ackermans & van Haaren NV reports its weights against shareholders' equity, not against gross portfolio assets: its segments are shares of group equity.
  • HAL Trust reports its weights against its net asset value, after debt, not its gross assets.

Issuer rounding gap

The weights published by Exor N.V., HAL Trust, Pantheon International Plc, Scottish Mortgage Investment Trust PLC exceed their total by < 0.1 %, due to rounding in their own report. Coverage is capped at one hundred per cent.

What these figures cover

  • 85.7 % of the portfolio rests on published, dated positions.
  • 14.2 % belongs to Ackermans & van Haaren NV, HAL Trust: they do not report their weights against the same measure as the total above, so that share is shown separately.

Covered 85.7 %, not covered 0.0 %, missing at this date 0.0 %. These three shares make up the whole portfolio. Each is rounded down.

Each company, on its own basis

This total rests on 3 different measures

This total combines measures of different kinds: 7.1 % on of published shareholders' equity · 85.7 % on of gross assets, cash included · 7.1 % on of published net asset value, after debt. It is not a sum of amounts but each company's share of its own assets, weighted by the weight you gave it. Each company is detailed below on its own basis.

Ackermans & van Haaren NVReporting date Jun 30, 2026, age 104 days, coverage 100.0 %Requested weighting: 7.1 %. It is not applied here, for lack of a common base.

Liquid

41.8 % of published shareholders' equity

Listed equities

41.8 % of published shareholders' equity
Industrials
31.8 % of published shareholders' equity
Real estate
10.0 % of published shareholders' equity

Illiquid

30.6 % of published shareholders' equity

Values reported by the company (“estimated market values”), not independently audited.

Unlisted companies, held directly

30.6 % of published shareholders' equity
Financials
30.6 % of published shareholders' equity

Liquidity not established

27.6 % of published shareholders' equity

Values reported by the company (“estimated market values”), not independently audited.

Other assets

27.6 % of published shareholders' equity
Sector not established
27.6 % of published shareholders' equity
Brederode S.A.Reporting date Jun 30, 2026, age 104 days, coverage 99.9 %Requested weighting: 7.1 %. It is not applied here, for lack of a common base.

Liquid

41.0 % of gross assets, cash included

Listed equities

40.5 % of gross assets, cash included
Other sector
40.5 % of gross assets, cash included

Cash

0.6 % of gross assets, cash included
Other sector
0.6 % of gross assets, cash included

Illiquid

58.8 % of gross assets, cash included

Values reported by the company (“estimated market values”), not independently audited.

Private equity funds

58.8 % of gross assets, cash included
Other sector
58.8 % of gross assets, cash included

Liquidity not established

0.1 % of gross assets, cash included

Values reported by the company (“estimated market values”), not independently audited.

Other assets

0.1 % of gross assets, cash included
Other sector
0.1 % of gross assets, cash included

Uncovered share

< 0.1 % of gross assets, cash included
Exor N.V.Reporting date Jun 30, 2026, age 104 days, coverage 100.0 %Requested weighting: 7.1 %. It is not applied here, for lack of a common base.

Liquid

85.4 % of gross assets, cash included

Listed equities

79.3 % of gross assets, cash included
Consumer
42.1 % of gross assets, cash included
Industrials
13.0 % of gross assets, cash included
Health care
12.4 % of gross assets, cash included
Other sector
10.8 % of gross assets, cash included
Technology
1.0 % of gross assets, cash included

Cash

6.1 % of gross assets, cash included
Other sector
6.1 % of gross assets, cash included

Illiquid

14.1 % of gross assets, cash included

Values reported by the company (“estimated market values”), not independently audited.

Unlisted companies, held directly

7.8 % of gross assets, cash included
Energy
2.0 % of gross assets, cash included
Health care
1.9 % of gross assets, cash included
Consumer
1.5 % of gross assets, cash included
Communication services
1.1 % of gross assets, cash included
Other sector
0.8 % of gross assets, cash included
Sector not established
0.6 % of gross assets, cash included

Private equity funds

6.2 % of gross assets, cash included
Other sector
6.2 % of gross assets, cash included

Liquidity not established

0.6 % of gross assets, cash included

Values reported by the company (“estimated market values”), not independently audited.

Other assets

0.6 % of gross assets, cash included
Other sector
0.6 % of gross assets, cash included

Uncovered share

< 0.1 % of gross assets, cash included
Groupe Bruxelles Lambert SAReporting date Jun 30, 2026, age 104 days, coverage 100.0 %Requested weighting: 7.1 %. It is not applied here, for lack of a common base.

Liquid

62.5 % of gross assets, cash included

Listed equities

48.7 % of gross assets, cash included
Industrials
19.0 % of gross assets, cash included
Consumer
15.1 % of gross assets, cash included
Materials
6.5 % of gross assets, cash included
Other sector
5.4 % of gross assets, cash included
Health care
2.3 % of gross assets, cash included
Technology
0.4 % of gross assets, cash included
Energy
< 0.1 % of gross assets, cash included

Cash

13.8 % of gross assets, cash included
Other sector
13.8 % of gross assets, cash included

Illiquid

37.5 % of gross assets, cash included

Values reported by the company (“estimated market values”), not independently audited.

Unlisted companies, held directly

31.2 % of gross assets, cash included
Health care
25.2 % of gross assets, cash included
Consumer
3.6 % of gross assets, cash included
Communication services
2.1 % of gross assets, cash included
Financials
0.3 % of gross assets, cash included

Private equity funds

6.3 % of gross assets, cash included
Sector not established
6.3 % of gross assets, cash included
Gimv NVReporting date Jun 30, 2026, age 104 days, coverage 99.9 %Requested weighting: 7.1 %. It is not applied here, for lack of a common base.

Liquid

5.2 % of gross assets, cash included

Cash

5.2 % of gross assets, cash included
Other sector
5.2 % of gross assets, cash included

Illiquid

94.8 % of gross assets, cash included

Values reported by the company (“estimated market values”), not independently audited.

Unlisted companies, held directly

85.9 % of gross assets, cash included
Industrials
38.9 % of gross assets, cash included
Health care
19.9 % of gross assets, cash included
Consumer
16.2 % of gross assets, cash included
Technology
10.9 % of gross assets, cash included

Private equity funds

4.5 % of gross assets, cash included
Other sector
4.5 % of gross assets, cash included

Venture capital funds

4.4 % of gross assets, cash included
Health care
4.4 % of gross assets, cash included

Uncovered share

< 0.1 % of gross assets, cash included
HAL TrustReporting date Jun 30, 2026, age 104 days, coverage 100.0 %Requested weighting: 7.1 %. It is not applied here, for lack of a common base.

Liquid

50.7 % of published net asset value, after debt

Listed equities

34.5 % of published net asset value, after debt
Energy
22.7 % of published net asset value, after debt
Industrials
7.5 % of published net asset value, after debt
Technology
2.3 % of published net asset value, after debt
Consumer
2.0 % of published net asset value, after debt

Bonds

16.2 % of published net asset value, after debt
Financials
16.2 % of published net asset value, after debt

Illiquid

48.5 % of published net asset value, after debt

Values reported by the company (“estimated market values”), not independently audited.

Unlisted companies, held directly

47.1 % of published net asset value, after debt
Industrials
30.1 % of published net asset value, after debt
Outside the reference list
17.0 % of published net asset value, after debt

Real estate, held directly

1.4 % of published net asset value, after debt
Real estate
1.4 % of published net asset value, after debt

Liquidity not established

0.8 % of published net asset value, after debt

Values reported by the company (“estimated market values”), not independently audited.

Other assets

0.8 % of published net asset value, after debt
Other sector
0.8 % of published net asset value, after debt

Uncovered share

< 0.1 % of published net asset value, after debt
Investor ABReporting date Jun 30, 2026, age 104 days, coverage 99.9 %Requested weighting: 7.1 %. It is not applied here, for lack of a common base.

Liquid

80.6 % of gross assets, cash included

Listed equities

78.4 % of gross assets, cash included
Other sector
78.4 % of gross assets, cash included

Cash

2.3 % of gross assets, cash included
Other sector
2.3 % of gross assets, cash included

Illiquid

19.2 % of gross assets, cash included

Values reported by the company (“estimated market values”), not independently audited.

Unlisted companies, held directly

16.2 % of gross assets, cash included
Other sector
16.2 % of gross assets, cash included

Private equity funds

3.0 % of gross assets, cash included
Other sector
3.0 % of gross assets, cash included

Liquidity not established

0.2 % of gross assets, cash included

Values reported by the company (“estimated market values”), not independently audited.

Other assets

0.2 % of gross assets, cash included
Other sector
0.2 % of gross assets, cash included

Uncovered share

< 0.1 % of gross assets, cash included
Investment AB LatourReporting date Jun 30, 2026, age 104 days, coverage 99.9 %Requested weighting: 7.1 %. It is not applied here, for lack of a common base.

Liquid

54.0 % of gross assets, cash included

Listed equities

50.7 % of gross assets, cash included
Other sector
50.7 % of gross assets, cash included

Cash

3.3 % of gross assets, cash included
Other sector
3.3 % of gross assets, cash included

Illiquid

46.0 % of gross assets, cash included

Values reported by the company (“estimated market values”), not independently audited.

Unlisted companies, held directly

46.0 % of gross assets, cash included
Other sector
46.0 % of gross assets, cash included

Uncovered share

< 0.1 % of gross assets, cash included
Pantheon International PlcReporting date May 31, 2026, age 134 days, coverage 100.0 %Requested weighting: 7.1 %. It is not applied here, for lack of a common base.

Liquid

1.5 % of gross assets, cash included

Cash

1.5 % of gross assets, cash included
Other sector
1.5 % of gross assets, cash included

Illiquid

98.5 % of gross assets, cash included

Values reported by the company (“estimated market values”), not independently audited.

Unlisted companies, held directly

52.2 % of gross assets, cash included
Several sectors
25.3 % of gross assets, cash included
Technology
9.2 % of gross assets, cash included
Health care
5.1 % of gross assets, cash included
Consumer
4.3 % of gross assets, cash included
Industrials
3.9 % of gross assets, cash included
Financials
3.5 % of gross assets, cash included
Communication services
0.8 % of gross assets, cash included

Private equity funds

46.3 % of gross assets, cash included
Several sectors
40.6 % of gross assets, cash included
Financials
1.8 % of gross assets, cash included
Health care
1.1 % of gross assets, cash included
Technology
1.0 % of gross assets, cash included
Consumer
0.9 % of gross assets, cash included
Industrials
0.5 % of gross assets, cash included
Energy
0.5 % of gross assets, cash included

Uncovered share

< 0.1 % of gross assets, cash included
Prosus N.V.Reporting date Mar 31, 2026, age 195 days, coverage 99.9 %Requested weighting: 7.1 %. It is not applied here, for lack of a common base.

Liquid

80.5 % of gross assets, cash included

Listed equities

75.2 % of gross assets, cash included
Communication services
71.6 % of gross assets, cash included
Consumer
3.5 % of gross assets, cash included
Financials
0.1 % of gross assets, cash included
Technology
< 0.1 % of gross assets, cash included

Cash

5.3 % of gross assets, cash included
Other sector
5.3 % of gross assets, cash included

Illiquid

19.5 % of gross assets, cash included

Values reported by the company (“estimated market values”), not independently audited.

Unlisted companies, held directly

19.5 % of gross assets, cash included
Consumer
8.9 % of gross assets, cash included
Communication services
5.2 % of gross assets, cash included
Sector not established
3.2 % of gross assets, cash included
Financials
2.3 % of gross assets, cash included

Uncovered share

< 0.1 % of gross assets, cash included
Scottish Mortgage Investment Trust PLCReporting date Aug 31, 2026, age 42 days, coverage 100.0 %Requested weighting: 7.1 %. It is not applied here, for lack of a common base.

Liquid

77.9 % of gross assets, cash included

Listed equities

76.4 % of gross assets, cash included
Technology
23.4 % of gross assets, cash included
Industrials
20.8 % of gross assets, cash included
Consumer
15.9 % of gross assets, cash included
Health care
5.8 % of gross assets, cash included
Financials
4.8 % of gross assets, cash included
Communication services
3.9 % of gross assets, cash included
Sector not established
1.0 % of gross assets, cash included
Energy
0.4 % of gross assets, cash included
Utilities
0.4 % of gross assets, cash included
Materials
< 0.1 % of gross assets, cash included

Cash

1.4 % of gross assets, cash included
Other sector
1.4 % of gross assets, cash included

Listed fund

< 0.1 % of gross assets, cash included
Sector not established
< 0.1 % of gross assets, cash included

Illiquid

22.1 % of gross assets, cash included

Values reported by the company (“estimated market values”), not independently audited.

Unlisted companies, held directly

21.7 % of gross assets, cash included
Communication services
5.3 % of gross assets, cash included
Technology
5.2 % of gross assets, cash included
Financials
5.0 % of gross assets, cash included
Industrials
2.5 % of gross assets, cash included
Sector not established
1.6 % of gross assets, cash included
Health care
0.9 % of gross assets, cash included
Materials
0.7 % of gross assets, cash included
Consumer
0.4 % of gross assets, cash included

Venture capital funds

0.3 % of gross assets, cash included
Sector not established
0.3 % of gross assets, cash included

Private debt

0.1 % of gross assets, cash included
Consumer
< 0.1 % of gross assets, cash included
Health care
< 0.1 % of gross assets, cash included

Liquidity not established

< 0.1 % of gross assets, cash included

Values reported by the company (“estimated market values”), not independently audited.

Other assets

< 0.1 % of gross assets, cash included
Other sector
< 0.1 % of gross assets, cash included

Uncovered share

< 0.1 % of gross assets, cash included
Sofina SAReporting date Jun 30, 2026, age 104 days, coverage 100.0 %Requested weighting: 7.1 %. It is not applied here, for lack of a common base.

Liquid

15.6 % of gross assets, cash included

Cash

8.4 % of gross assets, cash included
Other sector
8.4 % of gross assets, cash included

Listed fund

5.3 % of gross assets, cash included
Other sector
5.3 % of gross assets, cash included

Listed equities

1.9 % of gross assets, cash included
Other sector
1.9 % of gross assets, cash included

Illiquid

84.4 % of gross assets, cash included

Values reported by the company (“estimated market values”), not independently audited.

Unlisted companies, held directly

43.5 % of gross assets, cash included
Other sector
43.5 % of gross assets, cash included

Private equity funds

40.9 % of gross assets, cash included
Other sector
40.9 % of gross assets, cash included
SoftBank Group Corp.Reporting date Jun 30, 2026, age 104 days, coverage 99.9 %Requested weighting: 7.1 %. It is not applied here, for lack of a common base.

Liquid

63.4 % of gross assets, cash included

Listed equities

63.4 % of gross assets, cash included
Technology
60.1 % of gross assets, cash included
Communication services
3.4 % of gross assets, cash included

Illiquid

28.7 % of gross assets, cash included

Values reported by the company (“estimated market values”), not independently audited.

Venture capital funds

28.7 % of gross assets, cash included
Other sector
28.7 % of gross assets, cash included

Liquidity not established

7.8 % of gross assets, cash included

Values reported by the company (“estimated market values”), not independently audited.

Other assets

7.8 % of gross assets, cash included
Sector not established
7.8 % of gross assets, cash included

Uncovered share

< 0.1 % of gross assets, cash included
Wendel SEReporting date Jun 30, 2026, age 104 days, coverage 100.0 %Requested weighting: 7.1 %. It is not applied here, for lack of a common base.

Liquid

32.9 % of gross assets, cash included

Listed equities

26.7 % of gross assets, cash included
Industrials
21.0 % of gross assets, cash included
Communication services
5.7 % of gross assets, cash included

Cash

6.2 % of gross assets, cash included
Other sector
6.2 % of gross assets, cash included

Illiquid

63.7 % of gross assets, cash included

Values reported by the company (“estimated market values”), not independently audited.

Unlisted companies, held directly

60.4 % of gross assets, cash included
Sector not established
37.5 % of gross assets, cash included
Financials
23.0 % of gross assets, cash included

Private equity funds

3.3 % of gross assets, cash included
Financials
3.3 % of gross assets, cash included

Liquidity not established

3.4 % of gross assets, cash included

Values reported by the company (“estimated market values”), not independently audited.

Other assets

3.4 % of gross assets, cash included
Other sector
3.4 % of gross assets, cash included

Company by company

Expand a company to see what it contributes, bucket by bucket.

Brederode S.A.Brederode S.A. is 7.1 % of the portfolio and contributes 7.1 % in published positions.
  • Liquid / Listed equities / Other sector2.9 % of combined gross assets, cash included
  • Liquid / Cash / Other sector< 0.1 % of combined gross assets, cash included
  • Illiquid / Private equity funds / Other sector4.2 % of combined gross assets, cash included
  • Liquidity not established / Other assets / Other sector< 0.1 % of combined gross assets, cash included
  • Uncovered share< 0.1 % of combined gross assets, cash included
Exor N.V.Exor N.V. is 7.1 % of the portfolio and contributes 7.1 % in published positions.
  • Liquid / Listed equities / Other sector0.8 % of combined gross assets, cash included
  • Liquid / Listed equities / Technology< 0.1 % of combined gross assets, cash included
  • Liquid / Listed equities / Consumer3.0 % of combined gross assets, cash included
  • Liquid / Listed equities / Industrials0.9 % of combined gross assets, cash included
  • Liquid / Listed equities / Health care0.9 % of combined gross assets, cash included
  • Liquid / Cash / Other sector0.4 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Other sector< 0.1 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Health care0.1 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Sector not established< 0.1 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Consumer0.1 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Communication services< 0.1 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Energy0.1 % of combined gross assets, cash included
  • Illiquid / Private equity funds / Other sector0.4 % of combined gross assets, cash included
  • Liquidity not established / Other assets / Other sector< 0.1 % of combined gross assets, cash included
  • Uncovered share< 0.1 % of combined gross assets, cash included
Groupe Bruxelles Lambert SAGroupe Bruxelles Lambert SA is 7.1 % of the portfolio and contributes 7.1 % in published positions.
  • Liquid / Listed equities / Other sector0.4 % of combined gross assets, cash included
  • Liquid / Listed equities / Technology< 0.1 % of combined gross assets, cash included
  • Liquid / Listed equities / Consumer1.1 % of combined gross assets, cash included
  • Liquid / Listed equities / Industrials1.4 % of combined gross assets, cash included
  • Liquid / Listed equities / Health care0.2 % of combined gross assets, cash included
  • Liquid / Listed equities / Materials0.5 % of combined gross assets, cash included
  • Liquid / Listed equities / Energy< 0.1 % of combined gross assets, cash included
  • Liquid / Cash / Other sector1.0 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Health care1.8 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Consumer0.3 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Financials< 0.1 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Communication services0.2 % of combined gross assets, cash included
  • Illiquid / Private equity funds / Sector not established0.4 % of combined gross assets, cash included
Gimv NVGimv NV is 7.1 % of the portfolio and contributes 7.1 % in published positions.
  • Liquid / Cash / Other sector0.4 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Health care1.4 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Industrials2.8 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Consumer1.2 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Technology0.8 % of combined gross assets, cash included
  • Illiquid / Private equity funds / Other sector0.3 % of combined gross assets, cash included
  • Illiquid / Venture capital funds / Health care0.3 % of combined gross assets, cash included
  • Uncovered share< 0.1 % of combined gross assets, cash included
Investor ABInvestor AB is 7.1 % of the portfolio and contributes 7.1 % in published positions.
  • Liquid / Listed equities / Other sector5.6 % of combined gross assets, cash included
  • Liquid / Cash / Other sector0.2 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Other sector1.2 % of combined gross assets, cash included
  • Illiquid / Private equity funds / Other sector0.2 % of combined gross assets, cash included
  • Liquidity not established / Other assets / Other sector< 0.1 % of combined gross assets, cash included
  • Uncovered share< 0.1 % of combined gross assets, cash included
Investment AB LatourInvestment AB Latour is 7.1 % of the portfolio and contributes 7.1 % in published positions.
  • Liquid / Listed equities / Other sector3.6 % of combined gross assets, cash included
  • Liquid / Cash / Other sector0.2 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Other sector3.3 % of combined gross assets, cash included
  • Uncovered share< 0.1 % of combined gross assets, cash included
Pantheon International PlcPantheon International Plc is 7.1 % of the portfolio and contributes 7.1 % in published positions.
  • Liquid / Cash / Other sector0.1 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Health care0.4 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Industrials0.3 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Consumer0.3 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Financials0.3 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Several sectors1.8 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Technology0.7 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Communication services< 0.1 % of combined gross assets, cash included
  • Illiquid / Private equity funds / Several sectors2.9 % of combined gross assets, cash included
  • Illiquid / Private equity funds / Financials0.1 % of combined gross assets, cash included
  • Illiquid / Private equity funds / Health care< 0.1 % of combined gross assets, cash included
  • Illiquid / Private equity funds / Technology< 0.1 % of combined gross assets, cash included
  • Illiquid / Private equity funds / Consumer< 0.1 % of combined gross assets, cash included
  • Illiquid / Private equity funds / Industrials< 0.1 % of combined gross assets, cash included
  • Illiquid / Private equity funds / Energy< 0.1 % of combined gross assets, cash included
  • Uncovered share< 0.1 % of combined gross assets, cash included
Prosus N.V.Prosus N.V. is 7.1 % of the portfolio and contributes 7.1 % in published positions.
  • Liquid / Listed equities / Technology< 0.1 % of combined gross assets, cash included
  • Liquid / Listed equities / Communication services5.1 % of combined gross assets, cash included
  • Liquid / Listed equities / Consumer0.2 % of combined gross assets, cash included
  • Liquid / Listed equities / Financials< 0.1 % of combined gross assets, cash included
  • Liquid / Cash / Other sector0.4 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Sector not established0.2 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Consumer0.6 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Financials0.2 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Communication services0.4 % of combined gross assets, cash included
  • Uncovered share< 0.1 % of combined gross assets, cash included
Scottish Mortgage Investment Trust PLCScottish Mortgage Investment Trust PLC is 7.1 % of the portfolio and contributes 7.1 % in published positions.
  • Liquid / Listed equities / Technology1.7 % of combined gross assets, cash included
  • Liquid / Listed equities / Communication services0.3 % of combined gross assets, cash included
  • Liquid / Listed equities / Consumer1.1 % of combined gross assets, cash included
  • Liquid / Listed equities / Industrials1.5 % of combined gross assets, cash included
  • Liquid / Listed equities / Health care0.4 % of combined gross assets, cash included
  • Liquid / Listed equities / Materials< 0.1 % of combined gross assets, cash included
  • Liquid / Listed equities / Financials0.3 % of combined gross assets, cash included
  • Liquid / Listed equities / Sector not established< 0.1 % of combined gross assets, cash included
  • Liquid / Listed equities / Energy< 0.1 % of combined gross assets, cash included
  • Liquid / Listed equities / Utilities< 0.1 % of combined gross assets, cash included
  • Liquid / Cash / Other sector0.1 % of combined gross assets, cash included
  • Liquid / Listed fund / Sector not established< 0.1 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Health care< 0.1 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Industrials0.2 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Sector not established0.1 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Consumer< 0.1 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Financials0.4 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Technology0.4 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Communication services0.4 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Materials< 0.1 % of combined gross assets, cash included
  • Illiquid / Venture capital funds / Sector not established< 0.1 % of combined gross assets, cash included
  • Illiquid / Private debt / Consumer< 0.1 % of combined gross assets, cash included
  • Illiquid / Private debt / Health care< 0.1 % of combined gross assets, cash included
  • Liquidity not established / Other assets / Other sector< 0.1 % of combined gross assets, cash included
  • Uncovered share< 0.1 % of combined gross assets, cash included
Sofina SASofina SA is 7.1 % of the portfolio and contributes 7.1 % in published positions.
  • Liquid / Listed equities / Other sector0.1 % of combined gross assets, cash included
  • Liquid / Cash / Other sector0.6 % of combined gross assets, cash included
  • Liquid / Listed fund / Other sector0.4 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Other sector3.1 % of combined gross assets, cash included
  • Illiquid / Private equity funds / Other sector2.9 % of combined gross assets, cash included
SoftBank Group Corp.SoftBank Group Corp. is 7.1 % of the portfolio and contributes 7.1 % in published positions.
  • Liquid / Listed equities / Technology4.3 % of combined gross assets, cash included
  • Liquid / Listed equities / Communication services0.2 % of combined gross assets, cash included
  • Illiquid / Venture capital funds / Other sector2.1 % of combined gross assets, cash included
  • Liquidity not established / Other assets / Sector not established0.6 % of combined gross assets, cash included
  • Uncovered share< 0.1 % of combined gross assets, cash included
Wendel SEWendel SE is 7.1 % of the portfolio and contributes 7.1 % in published positions.
  • Liquid / Listed equities / Communication services0.4 % of combined gross assets, cash included
  • Liquid / Listed equities / Industrials1.5 % of combined gross assets, cash included
  • Liquid / Cash / Other sector0.4 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Sector not established2.7 % of combined gross assets, cash included
  • Illiquid / Unlisted companies, held directly / Financials1.6 % of combined gross assets, cash included
  • Illiquid / Private equity funds / Financials0.2 % of combined gross assets, cash included
  • Liquidity not established / Other assets / Other sector0.2 % of combined gross assets, cash included

See the company pages