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Trium Capital LLP

SEC Form 13F institutional filer · CIK 0001963860

13F-HR · 18 reported holdings · 2026-03-31

Reported long-US-equity value

$0.06B

Top-10 concentration

91.0%

Trium Capital LLP — $57M AUM allocation strategy

Trium Capital LLP files SEC Form 13F and reports $57M of long US equity value across 18 reported holdings for 2026-03-31.

Its largest sector bet is Communication Services 63.1%, followed by Industrials 22.3% and Materials 6.8%.

The top 10 holdings account for 91% 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.

Trium Capital LLP — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$57M

total across 18 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

91% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$EXC$PEG$CTVA

+$EXC +23.9K sh · +$1.25M+$PEG +12.1K sh · +$981K+$CTVA +4.49K sh · +$610K

Biggest trims (shares)

$FSLR$SW$PNR

−$FSLR −9.49K sh · −$2.48M−$SW −6.93K sh · −$249K−$PNR −4.93K sh · −$725K

Added from nil (new positions)

$T$JCI$FERG$EMR$BKR

5 fresh holdings — new conviction

Exited to nil (held last quarter, gone now)

$XYL$TT

$XYL ($2.37M last qtr)$TT ($1.57M last qtr)

Sector allocation (share of reported value)

Communication Services 63%Industrials 22%Materials 7%Utilities 6%Real Estate 2%Other holdings 0%SECTORS
  • $XLCCommunication Services63.1%
  • $XLIIndustrials22.3%
  • $XLBMaterials6.8%
  • $XLUUtilities6.0%
  • $XLREReal Estate1.7%
  • Other holdings0.1%

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)

Integrated Telecommunication Services 63%Environmental & Facilities Services 9%Electric Utilities 6%Building Products 5%Construction Machinery & Heavy Transportation Equipment 4%Industrial Gases 3%Fertilizers & Agricultural Chemicals 3%Electrical Components & Equipment 2%Other holdings 5%INDUSTRIES
  • Integrated Telecommunication Services63.1%
  • Environmental & Facilities Services9.3%
  • Electric Utilities6.0%
  • Building Products5.3%
  • Construction Machinery & Heavy Transportation Equipment3.7%
  • Industrial Gases3.0%
  • Fertilizers & Agricultural Chemicals2.7%
  • Electrical Components & Equipment2.2%
  • Other holdings4.7%

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 ↓

TickerHoldingSharesValueΔ QoQWeight
$TAT&T Inc893K$36M63.1%
$RSGRepublic Services Inc10K$2.2M+2473.9%
$WABWestinghouse Air Brake Technologies Corporation8.36K$2.09M-7403.7%
$WMWaste Management Inc8.37K$1.92M+1.29K3.4%
$EXCExelon Corporation37.8K$1.85M+23.9K3.3%
$LINLinde plc3.44K$1.7M-1.7K3.0%
$PEGPublic Service Enterprise Group Incorporated19.6K$1.59M+12.1K2.8%
$CTVACorteva Inc18.5K$1.55M+4.49K2.7%
$JCIJohnson Controls International plc11.7K$1.53M2.7%
$FERGFerguson Enterprises Inc6.33K$1.48M2.6%

…and 8 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 IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-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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