Q3 2026 13F · SEC CIK 2049221

Abc Arbitrage SA

Investment managerFiled 2026-10-23 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $1.0B
Reported positions: 411
Holdings vs S&P 500, 3 yrs: —
Average holding period: 1.4 yrs

Abc Arbitrage SA is an investment manager that reported 411 positions worth $1.0B in its Q3 2026 13F, filed 2026-10-23. Its largest holdings were Nokia Corp (NOK, 8.9%), British Amern Tob PLC (BTI, 6.8%), Diageo PLC (DEO, 5.0%).

Abc Arbitrage SA holdings largest 50 of 411 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Abc Arbitrage SA 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
NOKNokia Corp	8.9%	0.6%	8,988,606	+2213.1%	$91.1M
BTIBritish Amern Tob PLC	6.8%	4.9%	1,282,238	+75.4%	$69.8M
DEODiageo PLC	5.0%	5.1%	591,885	+1.3%	$50.7M
VODVodafone Group PLC	4.0%	3.5%	2,495,977	+2.9%	$40.3M
CXCemex Sab de Cv Spon ADR New	3.8%	0.6%	4,092,041	+739.2%	$38.9M
NWGNatwest Group PLC	3.3%	3.5%	1,839,430	-1.1%	$33.4M
HSBCHsbc Hldgs PLC	2.9%	2.9%	295,720	+4.3%	$29.4M
IHGIntercontinental Hotels Group PLC	2.9%	2.9%	182,617	+18.8%	$29.4M
NGGNational Grid PLC	2.7%	2.7%	359,541	+19.1%	$27.3M
RYAAYRyanair Holdings PLC Sponsored	2.4%	1.4%	448,504	+123.0%	$24.7M
INGIng Groep N.v.	2.2%	3.4%	638,927	-36.5%	$22.7M
GSKGsk PLC	2.2%	3.0%	461,393	-14.4%	$22.2M
AEGAegon Ltd	1.8%	1.4%	2,127,083	+36.0%	$18.4M
LYGLloyds Banking Group P F	1.6%	3.6%	2,961,398	-47.9%	$16.7M
FMSFresenius Medical Care AG	1.4%	0.6%	630,995	+163.2%	$14.1M
SHELShell PLC	1.4%	3.2%	147,155	-61.1%	$14.0M
RIORio Tinto PLC	1.3%	4.2%	138,756	-65.8%	$13.1M
GFIGold Fields Ltd.	1.3%	—	356,567	—	$12.9M
TAKTakeda Pharmaceutical Co Ltd Sponsored A	1.0%	—	564,472	—	$10.3M
PUKPrudential PLC	0.9%	0.8%	376,863	+30.5%	$9.3M
AMXAmerica Movil Sab de Cv	0.8%	1.4%	385,016	-24.9%	$8.2M
SONYSony Group Corp	0.8%	—	346,006	—	$8.1M
ULUnilever PLC	0.8%	0.8%	131,541	+9.0%	$8.0M
STMStmicroelectronics N V Ny Registry	0.7%	—	143,189	—	$7.6M
MKTXMarketaxess Hldgs Inc	0.7%	—	46,236	—	$7.6M
DBRGDigitalbridge Group Inc	0.7%	0.8%	468,078	+4.4%	$7.5M
ACAArcosa Inc	0.7%	0.8%	50,769	+5.3%	$7.4M
SYNASynaptics Inc	0.7%	0.8%	72,999	+26.6%	$7.4M
DVDoubleverify Hldgs Inc	0.7%	—	547,900	—	$7.4M
RAMPLiveramp Holdings Inc	0.7%	0.8%	196,971	+5.5%	$7.4M
ATKRAtkore Inc	0.7%	—	77,890	—	$7.4M
TECHBio-Techne Corp	0.7%	0.8%	101,793	+1.4%	$7.4M
HZOMarinemax Inc	0.7%	—	140,605	—	$7.4M
BLFSBiolife Solutions Inc	0.7%	—	189,120	—	$7.3M
VREXVarex Imaging Corp	0.7%	—	396,901	—	$7.3M
SAFTSafety Ins Group Inc	0.7%	—	70,634	—	$7.3M
AESAES Corp	0.7%	—	488,802	—	$7.3M
TCBKTrico Bancshares	0.7%	—	141,687	—	$7.3M
PNCPnc Finl Svcs Group Inc	0.7%	—	32,477	—	$7.2M
BPBp PLC	0.7%	3.2%	162,246	-79.5%	$7.1M
PENPenumbra, Inc.	0.7%	0.8%	22,223	+0.0%	$7.1M
WTRGEssential Utils Inc Com	0.7%	0.7%	175,733	-2.5%	$6.9M
WPPGFWpp PLC	0.6%	—	259,620	—	$6.4M
MITSFMitsubishi Ufj Financial Gro	0.6%	—	265,804	—	$6.1M
PHGKoninklijke Philips N V	0.6%	0.7%	237,377	+0.0%	$5.8M
HIGHartford Insurance Group Inc	0.5%	—	45,189	—	$5.5M
FRTFederal Rlty Invt Tr New	0.5%	—	50,661	—	$5.5M
NATHNathan's Famous Inc	0.5%	0.6%	53,957	+0.0%	$5.5M
HLNHaleon PLC	0.5%	1.1%	599,904	-45.9%	$5.4M
UALUnited Airls Hldgs Inc	0.5%	—	47,517	—	$5.3M

What Abc Arbitrage SA bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Added to

NOK Nokia Corp+2213.1% shares
CX Cemex Sab de Cv Spon ADR New+739.2% shares
FMS Fresenius Medical Care AG+163.2% shares
RYAAY Ryanair Holdings PLC Sponsored+123.0% shares
BTI British Amern Tob PLC+75.4% shares
AEG Aegon Ltd+36.0% shares
PUK Prudential PLC+30.5% shares
SYNA Synaptics Inc+26.6% shares

Reduced

BP Bp PLC-79.5% shares
RIO Rio Tinto PLC-65.8% shares
SHEL Shell PLC-61.1% shares
LYG Lloyds Banking Group P F-47.9% shares
HLN Haleon PLC-45.9% shares
ING Ing Groep N.v.-36.5% shares
AMX America Movil Sab de Cv-24.9% shares
GSK Gsk PLC-14.4% shares

Left the top 50

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +18.1% /yr; S&P 500 +20.1%
3 years: —
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$1.0B	411
Q2 2026	$926.1M	381
Q1 2026	$752.9M	364
Q4 2025	$1.1B	313
Q3 2025	$1.0B	200
Q2 2025	$875.5M	198
Q1 2025	$538.1M	191
Q4 2024	$697.3M	192

Questions about Abc Arbitrage SA's portfolio

What stocks does Abc Arbitrage SA own?

Abc Arbitrage SA's latest 13F, for Q3 2026 and filed Oct 23, 2026, lists 411 positions worth $1.0B. The largest are Nokia Corp (NOK) at 8.9%, British Amern Tob PLC (BTI) at 6.8%, Diageo PLC (DEO) at 5.0%, Vodafone Group PLC (VOD) at 4.0% and Cemex Sab de Cv Spon ADR New (CX) at 3.8%.

What did Abc Arbitrage SA buy last quarter?

In Q3 2026, Abc Arbitrage SA added Nokia Corp (NOK) (+2213.1% shares), Cemex Sab de Cv Spon ADR New (CX) (+739.2% shares) and Fresenius Medical Care AG (FMS) (+163.2% shares), compared with its Q2 2026 filing.

What did Abc Arbitrage SA sell last quarter?

In Q3 2026, Abc Arbitrage SA cut from its top 50 Novo-Nordisk A S (NVO), cut from its top 50 Smith & Nephew PLC ADR (SNN), cut from its top 50 Harmony Gold Mng Ltd (HMY), cut from its top 50 Leggett & Platt Inc (LEGT), cut from its top 50 Stellar Bancorp Inc (STEL), Bp PLC (BP) (-79.5% shares), Rio Tinto PLC (RIO) (-65.8% shares) and Shell PLC (SHEL) (-61.1% shares), compared with its Q2 2026 filing.

When is Abc Arbitrage SA's next 13F filing due?

13F filings are due 45 days after each quarter ends. Abc Arbitrage SA's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.