# 2Xideas AG

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1843587. Source: https://holderbook.com/funds/1843587-2xideas-ag/

- Reported value: $232.3M
- Positions: 48
- Weight of the ten largest: 67.6%
- Filed: 2026-08-14

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 |
|---|---|---|---|---|---|
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $32.4M | 211,151 | 14.0% | 23 |
| EDWARDS LIFESCIENCES CORP | [EW](https://holderbook.com/stocks/EW/) | $30.8M | 340,806 | 13.3% | 23 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $28.3M | 230,186 | 12.2% | 23 |
| PTC INC | [PTC](https://holderbook.com/stocks/PTC/) | $20.2M | 178,102 | 8.7% | 16 |
| RYAN SPECIALTY HOLDINGS INC | [RYAN](https://holderbook.com/stocks/RYAN/) | $13.0M | 345,526 | 5.6% | 10 |
| API GROUP CORP | [APG](https://holderbook.com/stocks/APG/) | $6.9M | 163,295 | 3.0% | 6 |
| HALOZYME THERAPEUTICS INC | [HALO](https://holderbook.com/stocks/HALO/) | $6.9M | 87,769 | 3.0% | 17 |
| FERGUSON ENTERPRISES INC | [FERG](https://holderbook.com/stocks/FERG/) | $6.5M | 27,263 | 2.8% | 8 |
| HUBBELL INC | [HUBB](https://holderbook.com/stocks/HUBB/) | $6.5M | 12,341 | 2.8% | 3 |
| DEXCOM INC | [DXCM](https://holderbook.com/stocks/DXCM/) | $5.5M | 81,095 | 2.4% | 6 |
| NEW YORK TIMES CO MTN BE | [NYT](https://holderbook.com/stocks/NYT/) | $4.6M | 65,719 | 2.0% | 21 |
| CARLISLE COS INC | [CSL](https://holderbook.com/stocks/CSL/) | $4.2M | 11,604 | 1.8% | 8 |
| IQVIA HLDGS INC | [IQV](https://holderbook.com/stocks/IQV/) | $3.7M | 18,940 | 1.6% | 23 |
| RESMED INC | [RMD](https://holderbook.com/stocks/RMD/) | $3.2M | 16,673 | 1.4% | 23 |
| CCC INTELLIGENT SOLUTIONS HL | [CCC](https://holderbook.com/stocks/CCC/) | $3.0M | 590,678 | 1.3% | 7 |
| KEYSIGHT TECHNOLOGIES INC | [KEYS](https://holderbook.com/stocks/KEYS/) | $2.9M | 8,246 | 1.2% | 6 |
| PROCORE TECHNOLOGIES INC | [PCOR](https://holderbook.com/stocks/PCOR/) | $2.9M | 70,192 | 1.2% | 3 |
| NEUROCRINE BIOSCIENCES INC | [NBIX](https://holderbook.com/stocks/NBIX/) | $2.8M | 16,763 | 1.2% | 7 |
| DESCARTES SYS GROUP INC | [DSGX](https://holderbook.com/stocks/DSGX/) | $2.8M | 40,344 | 1.2% | 2 |
| WATSCO INC | [WSO](https://holderbook.com/stocks/WSO/) | $2.7M | 6,519 | 1.2% | 3 |
| LIBERTY MEDIA CORP DEL | [FWONK](https://holderbook.com/stocks/FWONK/) | $2.7M | 28,469 | 1.2% | 12 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $2.7M | 7,848 | 1.1% | 23 |
| AGILENT TECHNOLOGIES INC | [A](https://holderbook.com/stocks/A/) | $2.6M | 19,280 | 1.1% | 3 |
| STANDARDAERO INC | [SARO](https://holderbook.com/stocks/SARO/) | $2.5M | 82,726 | 1.1% | 1 |
| DOMINOS PIZZA INC | [DPZ](https://holderbook.com/stocks/DPZ/) | $2.1M | 7,086 | 0.9% | 23 |
| TRADEWEB MKTS INC | [TW](https://holderbook.com/stocks/TW/) | $2.1M | 20,955 | 0.9% | 23 |
| WASTE CONNECTIONS INC | [WCN](https://holderbook.com/stocks/WCN/) | $2.0M | 11,940 | 0.9% | 8 |
| AON PLC | [AON](https://holderbook.com/stocks/AON/) | $1.8M | 5,311 | 0.8% | 3 |
| BIO-TECHNE CORP | [TECH](https://holderbook.com/stocks/TECH/) | $1.7M | 24,613 | 0.7% | 8 |
| GLOBAL E ONLINE LTD | [GLBE](https://holderbook.com/stocks/GLBE/) | $1.7M | 49,555 | 0.7% | 3 |
| HALEON PLC | [HLN](https://holderbook.com/stocks/HLN/) | $1.7M | 370,389 | 0.7% | 2 |
| RB GLOBAL INC | [RBA](https://holderbook.com/stocks/RBA/) | $1.7M | 14,563 | 0.7% | 3 |
| LIVE NATION ENTERTAINMENT IN | [LYV](https://holderbook.com/stocks/LYV/) | $1.7M | 9,052 | 0.7% | 23 |
| RBC BEARINGS INC | [RBC](https://holderbook.com/stocks/RBC/) | $1.6M | 2,528 | 0.7% | 7 |
| KINSALE CAP GROUP INC | [KNSL](https://holderbook.com/stocks/KNSL/) | $1.6M | 4,843 | 0.7% | 20 |
| STONEX GROUP INC | [SNEX](https://holderbook.com/stocks/SNEX/) | $1.6M | 13,215 | 0.7% | 3 |
| ALCON AG | [ALC](https://holderbook.com/stocks/ALC/) | $1.5M | 22,812 | 0.7% | 2 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $1.5M | 3,722 | 0.6% | 23 |
| SERVICE CORP INTL | [SCI](https://holderbook.com/stocks/SCI/) | $1.5M | 19,237 | 0.6% | 23 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $1.4M | 837 | 0.6% | 23 |
| PLANET FITNESS MASTER ISSUER | [PLNT](https://holderbook.com/stocks/PLNT/) | $849.5K | 16,283 | 0.4% | 7 |
| VEEVA SYS INC | [VEEV](https://holderbook.com/stocks/VEEV/) | $744.8K | 4,197 | 0.3% | 3 |
| LPL FINL HLDGS INC | [LPLA](https://holderbook.com/stocks/LPLA/) | $711.0K | 2,524 | 0.3% | 9 |
| BROOKFIELD ASSET MANAGMT LTD | [BAM](https://holderbook.com/stocks/BAM/) | $647.0K | 14,441 | 0.3% | 11 |
| SUNBELT RENTALS HOLDINGS INC | [SUNB](https://holderbook.com/stocks/SUNB/) | $551.9K | 7,378 | 0.2% | 1 |
| LABCORP HOLDINGS INC | [LH](https://holderbook.com/stocks/LH/) | $509.0K | 1,818 | 0.2% | 9 |
| DOLBY LABORATORIES INC | [DLB](https://holderbook.com/stocks/DLB/) | $450.7K | 8,572 | 0.2% | 23 |
| EXLSERVICE HLDGS INC | [EXLS](https://holderbook.com/stocks/EXLS/) | $433.2K | 16,753 | 0.2% | 7 |

## 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 | +7.2% | +14.8% | -7.6% | 101% |
| Q1 2026 | -6.9% | -4.6% | -2.3% | 100% |
| Q4 2025 | -3.0% | +2.4% | -5.3% | 100% |
| Q3 2025 | -2.2% | +7.8% | -10.1% | 100% |
| Q2 2025 | +6.5% | +10.5% | -4.0% | 100% |
| Q1 2025 | -1.8% | -4.6% | +2.8% | 100% |
| Q4 2024 | -2.1% | +2.1% | -4.3% | 100% |
| Q3 2024 | +9.7% | +5.4% | +4.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $232.3M | 48 |
| Q1 2026 | $255.3M | 47 |
| Q4 2025 | $357.0M | 50 |
| Q3 2025 | $473.6M | 56 |
| Q2 2025 | $580.8M | 57 |
| Q1 2025 | $658.1M | 61 |
| Q4 2024 | $746.6M | 59 |
| Q3 2024 | $742.2M | 56 |
| Q2 2024 | $800.9M | 51 |
| Q1 2024 | $817.3M | 51 |
| Q4 2023 | $932.8M | 52 |
| Q3 2023 | $903.6M | 58 |