Exane Asset Management
SEC Form 13F institutional filer · CIK 0001666256
13F-HR · 14 reported holdings · 2026-03-31
Reported long-US-equity value
$0.24B
Top-10 concentration
96.0%
Exane Asset Management — $241M AUM allocation strategy
Exane Asset Management files SEC Form 13F and reports $241M of long US equity value across 14 reported holdings for 2026-03-31.
Its largest sector bet is Materials 42.1%, followed by Consumer Discretionary 22.2% and Communication Services 21.4%.
The top 10 holdings account for 96% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Exane Asset Management — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$241M
total across 14 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
96% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$SW +272K sh · +$12.7M+$DASH +88.7K sh · +$11.6M+$AMZN +54K sh · +$10.6M
Biggest trims (shares)
−$CRH −674K sh · −$84.1M−$NOW −22.1K sh · −$4.92M−$BKNG −1.38K sh · −$8.67M
Exited to nil (held last quarter, gone now)
$BAC ($53.6M last qtr)$GOOG ($17.8M last qtr)$CRM ($10.3M last qtr)$NVDA ($4.77M last qtr)$JPM ($30.3K last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Paper & Plastic Packaging Products & Materials15.9%—
- Interactive Media & Services14.1%—
- Construction Materials14.0%—
- Broadline Retail13.0%—
- Industrial Gases12.2%—
- Specialized Consumer Services9.2%—
- Application Software7.6%—
- Movies & Entertainment7.4%—
- Other holdings6.6%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $SW | Smurfit WestRock plc | 837K | $38.4M | +272K | 15.9% |
| $META | Meta Platforms Inc | 51.4K | $33.9M | — | 14.1% |
| $CRH | CRH PLC | 279K | $33.8M | -674K | 14.0% |
| $AMZN | Amazon.com Inc | 130K | $31.2M | +54K | 13.0% |
| $LIN | Linde plc | 51.4K | $29.3M | -699 | 12.2% |
| $DASH | DoorDash Inc | 129K | $22.2M | +88.7K | 9.2% |
| $NFLX | Netflix Inc | 160K | $17.8M | +7.25K | 7.4% |
| $DDOG | Datadog Inc | 74.4K | $10.1M | — | 4.2% |
| $INTU | Intuit Inc | 16.4K | $8.15M | +15.5K | 3.4% |
| $BSX | Boston Scientific Corporation | 89.2K | $6.45M | — | 2.7% |
…and 4 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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