# Silphium Asset Management Ltd

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1758440. Source: https://holderbook.com/funds/1758440-silphium-asset-management-ltd/

- Reported value: $296.6M
- Positions: 55
- Weight of the ten largest: 74.9%
- Filed: 2026-07-30

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $142.1M | 206,920 | 47.9% | 5 |
| VANGUARD INTL EQUITY INDEX F | [VPL](https://holderbook.com/stocks/VPL/) | $23.5M | 202,700 | 7.9% | 3 |
| VANGUARD INTL EQUITY INDEX F | [VGK](https://holderbook.com/stocks/VGK/) | $9.0M | 101,400 | 3.0% | 3 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $8.6M | 43,134 | 2.9% | 13 |
| ISHARES TR | [FXI](https://holderbook.com/stocks/FXI/) | $8.3M | 262,400 | 2.8% | 6 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $7.0M | 19,510 | 2.4% | 7 |
| ISHARES INC | [EWJ](https://holderbook.com/stocks/EWJ/) | $6.8M | 72,961 | 2.3% | 4 |
| J P MORGAN EXCHANGE TRADED F | [BBCA](https://holderbook.com/stocks/BBCA/) | $5.8M | 58,000 | 1.9% | 3 |
| INVESCO EXCH TRADED FD TR II | [KBWB](https://holderbook.com/stocks/KBWB/) | $5.7M | 61,006 | 1.9% | 4 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $5.6M | 23,528 | 1.9% | 13 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $5.6M | 14,955 | 1.9% | 21 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $5.5M | 19,160 | 1.9% | 4 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $4.5M | 28,595 | 1.5% | 3 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $4.0M | 88,787 | 1.4% | 3 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $3.6M | 6,459 | 1.2% | 11 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $3.6M | 67,400 | 1.2% | 3 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $3.3M | 8,841 | 1.1% | 7 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $3.0M | 2,635 | 1.0% | 2 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $2.7M | 2,571 | 0.9% | 2 |
| SELECT SECTOR SPDR TR | [XLB](https://holderbook.com/stocks/XLB/) | $2.5M | 48,825 | 0.8% | 3 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $2.4M | 2,007 | 0.8% | 11 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $2.2M | 15,830 | 0.7% | 2 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $2.1M | 3,695 | 0.7% | 2 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $2.0M | 2,128 | 0.7% | 15 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $2.0M | 17,514 | 0.7% | 15 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $2.0M | 11,080 | 0.7% | 3 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $1.9M | 4,430 | 0.6% | 11 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $1.8M | 33,920 | 0.6% | 3 |
| GLOBAL X FDS | [COPX](https://holderbook.com/stocks/COPX/) | $1.6M | 20,500 | 0.5% | 3 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $1.4M | 1,821 | 0.5% | 7 |
| TERADYNE INC | [TER](https://holderbook.com/stocks/TER/) | $1.1M | 2,290 | 0.4% | 3 |
| ROSS STORES INC | [ROST](https://holderbook.com/stocks/ROST/) | $1.1M | 5,070 | 0.4% | 2 |
| EQT CORP | [EQT](https://holderbook.com/stocks/EQT/) | $1.0M | 19,578 | 0.4% | 3 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $1.0M | 4,673 | 0.3% | 20 |
| SPDR SERIES TRUST | [KRE](https://holderbook.com/stocks/KRE/) | $951.9K | 12,718 | 0.3% | 3 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $862.6K | 3,985 | 0.3% | 2 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $854.1K | 1,663 | 0.3% | 22 |
| INTERACTIVE BROKERS GROUP IN | [IBKR](https://holderbook.com/stocks/IBKR/) | $732.6K | 8,417 | 0.2% | 3 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $703.0K | 3,154 | 0.2% | 20 |
| OLD DOMINION FREIGHT LINE IN | [ODFL](https://holderbook.com/stocks/ODFL/) | $678.6K | 3,133 | 0.2% | 3 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $660.3K | 3,565 | 0.2% | 1 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $629.1K | 1,582 | 0.2% | 3 |
| ISHARES TR | [IGV](https://holderbook.com/stocks/IGV/) | $625.1K | 6,900 | 0.2% | 1 |
| CANADIAN PACIFIC KANSAS CITY | [CP](https://holderbook.com/stocks/CP/) | $607.9K | 7,016 | 0.2% | 9 |
| NVENT ELEC PLC | [NVT](https://holderbook.com/stocks/NVT/) | $576.7K | 3,400 | 0.2% | 1 |
| NOKIA CORP | [NOK](https://holderbook.com/stocks/NOK/) | $556.4K | 41,900 | 0.2% | 2 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $538.1K | 3,552 | 0.2% | 6 |
| SPDR SERIES TRUST | [XHB](https://holderbook.com/stocks/XHB/) | $507.5K | 4,392 | 0.2% | 2 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $488.9K | 215 | 0.2% | 1 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $474.6K | 1,100 | 0.2% | 1 |
| HEWLETT PACKARD ENTERPRISE C | [HPE](https://holderbook.com/stocks/HPE/) | $433.1K | 9,600 | 0.1% | 1 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $367.3K | 3,700 | 0.1% | 1 |
| LUMENTUM HLDGS INC | [LITE](https://holderbook.com/stocks/LITE/) | $347.5K | 405 | 0.1% | 1 |
| JABIL INC | [JBL](https://holderbook.com/stocks/JBL/) | $339.2K | 880 | 0.1% | 1 |
| SOLSTICE ADVANCED MATLS INC | [SOLS](https://holderbook.com/stocks/SOLS/) | $265.8K | 3,000 | 0.1% | 2 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +13.2% | +14.8% | -1.6% | 100% |
| Q1 2026 | -3.0% | -4.6% | +1.6% | 100% |
| Q4 2025 | +0.5% | +2.4% | -1.8% | 100% |
| Q3 2025 | +3.4% | +7.8% | -4.4% | 100% |
| Q2 2025 | +11.6% | +10.5% | +1.1% | 100% |
| Q1 2025 | +1.4% | -4.6% | +5.9% | 93% |
| Q4 2024 | +0.3% | +2.1% | -1.8% | 89% |
| Q3 2024 | +4.6% | +5.4% | -0.8% | 95% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $296.6M | 55 |
| Q1 2026 | $264.0M | 48 |
| Q4 2025 | $235.9M | 46 |
| Q3 2025 | $338.0M | 38 |
| Q2 2025 | $280.7M | 35 |
| Q1 2025 | $124.1M | 29 |
| Q4 2024 | $303.5M | 55 |
| Q3 2024 | $280.5M | 47 |
| Q2 2024 | $210.5M | 50 |
| Q1 2024 | $198.0M | 44 |
| Q4 2023 | $187.8M | 41 |
| Q3 2023 | $312.8M | 58 |