# Climber Capital SA

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2011229. Source: https://holderbook.com/funds/2011229-climber-capital-sa/

- Reported value: $163.5M
- Positions: 64
- Weight of the ten largest: 49.2%
- Filed: 2026-07-22

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/) | $17.6M | 26,200 | 10.8% | 6 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $13.8M | 40,511 | 8.5% | 6 |
| SPDR SERIES TRUST | [SPSB](https://holderbook.com/stocks/SPSB/) | $8.6M | 291,929 | 5.3% | 6 |
| ISHARES TR | [SHV](https://holderbook.com/stocks/SHV/) | $7.2M | 85,385 | 4.4% | 6 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $6.2M | 86,707 | 3.8% | 6 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $6.1M | 41,113 | 3.7% | 6 |
| INVESCO EXCHANGE TRADED FD T | [RSPT](https://holderbook.com/stocks/RSPT/) | $5.4M | 91,216 | 3.3% | 6 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $5.3M | 88,537 | 3.2% | 6 |
| ISHARES INC | [EZU](https://holderbook.com/stocks/EZU/) | $5.1M | 86,238 | 3.1% | 6 |
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $5.1M | 87,995 | 3.1% | 5 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $5.1M | 33,405 | 3.1% | 6 |
| SPDR SERIES TRUST | [SPTI](https://holderbook.com/stocks/SPTI/) | $4.5M | 158,812 | 2.8% | 5 |
| ISHARES TR | [QLTA](https://holderbook.com/stocks/QLTA/) | $4.4M | 117,982 | 2.7% | 6 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $4.4M | 5,900 | 2.7% | 6 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $4.1M | 94,097 | 2.5% | 6 |
| ISHARES INC | [EWL](https://holderbook.com/stocks/EWL/) | $3.9M | 61,829 | 2.4% | 6 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $3.9M | 10,827 | 2.4% | 6 |
| FIRST TR EXCHANGE TRAD FD VI | [FTGC](https://holderbook.com/stocks/FTGC/) | $3.8M | 145,758 | 2.3% | 2 |
| SPDR SERIES TRUST | [SPIB](https://holderbook.com/stocks/SPIB/) | $3.8M | 113,092 | 2.3% | 5 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $3.8M | 28,884 | 2.3% | 6 |
| SPDR INDEX SHS FDS | [FEZ](https://holderbook.com/stocks/FEZ/) | $3.6M | 61,979 | 2.2% | 6 |
| ISHARES INC | [RING](https://holderbook.com/stocks/RING/) | $3.2M | 55,260 | 2.0% | 6 |
| ISHARES TR | [TIP](https://holderbook.com/stocks/TIP/) | $2.6M | 24,167 | 1.6% | 5 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.5M | 8,495 | 1.5% | 6 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $2.4M | 41,974 | 1.5% | 6 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $2.2M | 21,378 | 1.4% | 6 |
| ISHARES TR | [AAXJ](https://holderbook.com/stocks/AAXJ/) | $2.0M | 21,087 | 1.2% | 6 |
| SPDR SERIES TRUST | [SPTM](https://holderbook.com/stocks/SPTM/) | $1.6M | 18,160 | 1.0% | 6 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $1.6M | 19,210 | 1.0% | 5 |
| INVESCO EXCH TRADED FD TR II | [PICB](https://holderbook.com/stocks/PICB/) | $1.4M | 60,195 | 0.9% | 6 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $1.2M | 36,040 | 0.7% | 6 |
| ISHARES TR | [IXC](https://holderbook.com/stocks/IXC/) | $1.1M | 21,549 | 0.6% | 6 |
| ISHARES TR | [IYH](https://holderbook.com/stocks/IYH/) | $917.2K | 19,064 | 0.6% | 6 |
| ISHARES TR | [HDV](https://holderbook.com/stocks/HDV/) | $889.1K | 32,500 | 0.5% | 6 |
| VANGUARD INTL EQUITY INDEX F | [VNQI](https://holderbook.com/stocks/VNQI/) | $863.9K | 19,300 | 0.5% | 5 |
| FIRST TR EXCHNG TRADED FD VI | [DAPR](https://holderbook.com/stocks/DAPR/) | $862.5K | 21,140 | 0.5% | 1 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $841.5K | 1,145 | 0.5% | 6 |
| TOTALENERGIES SE | [TTE](https://holderbook.com/stocks/TTE/) | $772.1K | 10,475 | 0.5% | 2 |
| ISHARES TR | [IWV](https://holderbook.com/stocks/IWV/) | $766.0K | 1,800 | 0.5% | 6 |
| FIRST TR EXCH TRD ALPHDX FD | [FSZ](https://holderbook.com/stocks/FSZ/) | $732.3K | 8,945 | 0.4% | 6 |
| ISHARES TR | [CMF](https://holderbook.com/stocks/CMF/) | $727.0K | 12,660 | 0.4% | 5 |
| FIRST TR EXCH TRADED FD III | [FCAL](https://holderbook.com/stocks/FCAL/) | $725.2K | 14,635 | 0.4% | 5 |
| ISHARES INC | [EWJ](https://holderbook.com/stocks/EWJ/) | $661.6K | 7,107 | 0.4% | 6 |
| ISHARES TR | [MXI](https://holderbook.com/stocks/MXI/) | $655.2K | 6,203 | 0.4% | 5 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $552.4K | 2,766 | 0.3% | 6 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $525.6K | 5,070 | 0.3% | 6 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $505.9K | 1,359 | 0.3% | 6 |
| FIRST TR EXCHNG TRADED FD VI | [MARM](https://holderbook.com/stocks/MARM/) | $470.0K | 13,798 | 0.3% | 1 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $468.3K | 3,200 | 0.3% | 6 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $376.5K | 754 | 0.2% | 6 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $345.9K | 981 | 0.2% | 6 |
| VANGUARD CALIF TAX FREE FDS | [VTEC](https://holderbook.com/stocks/VTEC/) | $312.2K | 3,110 | 0.2% | 5 |
| INVESCO EXCH TRADED FD TR II | [PWZ](https://holderbook.com/stocks/PWZ/) | $308.7K | 12,620 | 0.2% | 6 |
| ISHARES TR | [EWU](https://holderbook.com/stocks/EWU/) | $303.7K | 6,750 | 0.2% | 6 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $289.0K | 2,465 | 0.2% | 2 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $275.1K | 3,392 | 0.2% | 6 |
| ALCON AG | [ALC](https://holderbook.com/stocks/ALC/) | $262.5K | 3,892 | 0.2% | 2 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $256.4K | 1,078 | 0.2% | 4 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $236.3K | 690 | 0.1% | 4 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $232.7K | 1,308 | 0.1% | 6 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $231.9K | 915 | 0.1% | 6 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $225.3K | 897 | 0.1% | 3 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $218.6K | 527 | 0.1% | 1 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $209.6K | 409 | 0.1% | 6 |

## 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 | +4.7% | +14.8% | -10.1% | 103% |
| Q1 2026 | +0.2% | -4.6% | +4.8% | 110% |
| Q3 2025 | +6.2% | +7.8% | -1.6% | 109% |
| Q2 2025 | +5.0% | +10.5% | -5.5% | 126% |
| Q1 2025 | +1.8% | -4.6% | +6.3% | 110% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $163.5M | 64 |
| Q1 2026 | $152.6M | 69 |
| Q4 2025 | $153.5M | 58 |
| Q2 2025 | $155.9M | 66 |
| Q1 2025 | $127.1M | 59 |
| Q4 2024 | $121.5M | 52 |