Thematics Asset Management
CIK 1956031 · EDGAR ↗
- sum of disclosed values for 2025-09-30; 0 positions have no disclosed value and are left out of the sum, counted here rather than dropped
- $2.2B
- every reported holding for this filer and quarter, including ones with no disclosed value
- 125
- positions with no comparable holding in the prior quarter (kind new), 2025-09-30
- 4
- positions absent from this quarter's filing after being held last quarter (kind exit), 2025-09-30 — inferred from absence, not a sale record
- 5
Quarter-end snapshot, filed up to 45 days later — not current holdings. What a 13F covers ↓
Changes · Quarter ended 2025-09-30. Newest filing in this build: 2026-07-31. Per-row filing dates are on each receipt.
by shares · How classified ↗Period
| position matched across quarters by exact reported CUSIP over a registry gap — never a name match | NEW / ADD / TRIM / EXIT by share count · NO CHANGE = same shares; the value moved with price, so never an ADD or a TRIM · EXIT = absent this quarter (disposed, delisted, confidential, or reported by an affiliate) — the filing does not say which · NO PRIOR = no comparable prior quarter on record (a first filing, or a quarter filed inside an affiliate's report), so not called a new stake · n/c = not classifiable: value undisclosed on one side of the pair, or neither shares nor value can classify it · †v: the reported share count is unchanged across the pair; this build's data classified the change from its reported value; builds from 2026-09-10 on read it as NO CHANGE | derived by Public Filings from the published data; “no value” means the source did not disclose a usable value — never zero | Prev value | Curr value | Prev shares | Curr shares | |
|---|---|---|---|---|---|---|---|
| pos:15642 | TRIM | −$4.9M | −136,142 | $113M | $108M | 717,225 | 581,083 |
| pos:13683 | ADD | −$2.4M | +6,034 | $75.6M | $73.2M | 73,524 | 79,558 |
| pos:18221 | TRIM | −$8.8M | −11,785 | $79.1M | $70.3M | 154,320 | 142,535 |
| pos:11814 | TRIM | +$946K | −17,491 | $50.7M | $51.6M | 164,456 | 146,965 |
| pos:10478 | ADD | +$538K | +1,463 | $44.1M | $44.7M | 190,837 | 192,300 |
| pos:14508 | ADD | +$4.2M | +48,346 | $40.1M | $44.2M | 474,937 | 523,283 |
| pos:15142 | TRIM | +$6.0M | −34,788 | $38.0M | $44.0M | 215,607 | 180,819 |
| pos:12678 | ADD | +$9.8M | +19,065 | $33.1M | $42.9M | 192,142 | 211,207 |
| pos:12883 | TRIM | −$1.9M | −172,543 | $43.8M | $41.9M | 597,416 | 424,873 |
| pos:16193 | TRIM | +$2.4M | −27,625 | $37.7M | $40.1M | 293,504 | 265,879 |
| pos:16716 | TRIM | −$4.2M | −17,909 | $41.2M | $36.9M | 152,782 | 134,873 |
| pos:16805 | ADD | −$4.3M | +5,916 | $39.1M | $34.9M | 72,019 | 77,935 |
| pos:11825 | ADD | +$8.1M | +13,616 | $26.4M | $34.6M | 53,096 | 66,712 |
| pos:14712 | ADD | +$6.2M | +14,592 | $26.5M | $32.7M | 52,110 | 66,702 |
| pos:15737 | TRIM | +$8.8M | −8,212 | $23.7M | $32.5M | 112,813 | 104,601 |
| sid:sec:prov:91d6849a98e3e9ee3b4349013a243cf4 | ADD | +$1.1M | +559 | $30.3M | $31.5M | 465,696 | 466,255 |
| pos:15125 | ADD | +$8.3M | +8,647 | $21.0M | $29.3M | 51,837 | 60,484 |
| pos:13386 | TRIM | +$2.1M | −554 | $27.1M | $29.2M | 64,480 | 63,926 |
| pos:13247 | ADD | +$1.2M | +1,487 | $27.2M | $28.4M | 113,249 | 114,736 |
| pos:12827 | ADD | +$8.0M | +11,989 | $20.4M | $28.3M | 73,842 | 85,831 |
| pos:10449 | TRIM | −$3.6M | −7,243 | $31.8M | $28.2M | 101,347 | 94,104 |
| pos:11633 | TRIM | −$1.0M | −772 | $28.1M | $27.1M | 35,354 | 34,582 |
| pos:12303 | TRIM | +$1.2M | −6,172 | $25.3M | $26.5M | 112,583 | 106,411 |
| pos:11941 | ADD | +$1.3M | +3,754 | $25.2M | $26.4M | 446,251 | 450,005 |
| pos:11472 | ADD | −$50.6K | +969 | $26.2M | $26.2M | 150,439 | 151,408 |
| pos:11066 | ADD | +$7.2M | +204,027 | $18.4M | $25.6M | 540,542 | 744,569 |
| pos:14060 | TRIM | −$14.5M | −123,756 | $39.7M | $25.2M | 279,623 | 155,867 |
| sid:sec:prov:e450ba78a514e6108813f95acb9e7fdb | TRIM | +$985K | −38,151 | $24.0M | $25.0M | 472,848 | 434,697 |
| pos:15034 | ADD | −$5.1M | +24,608 | $29.5M | $24.4M | 337,686 | 362,294 |
| pos:18187 | TRIM | −$4.1M | −9,026 | $27.7M | $23.7M | 30,964 | 21,938 |
| pos:14782 | ADD | +$2.0M | +10,254 | $20.9M | $22.9M | 102,110 | 112,364 |
| pos:12257 | ADD | +$11.2M | +94,782 | $11.4M | $22.5M | 166,672 | 261,454 |
| pos:13485 | ADD | +$534K | +54,000 | $22.0M | $22.5M | 364,000 | 418,000 |
| sid:sec:prov:84385008a6354d52d8f431948b8d3d1e | ADD | −$249K | +235,344 | $22.7M | $22.5M | 394,709 | 630,053 |
| pos:16804 | ADD | +$200K | +8,000 | $20.6M | $20.8M | 110,469 | 118,469 |
| pos:12276 | ADD | −$3.3M | +21,724 | $23.8M | $20.5M | 175,190 | 196,914 |
| pos:11533 | ADD | +$1.6M | +129,188 | $18.8M | $20.4M | 1,029,562 | 1,158,750 |
| pos:11484 | TRIM | +$2.9M | −5,000 | $17.3M | $20.2M | 150,500 | 145,500 |
| sid:sec:prov:86621fbc3e124677946412054c6ab829 | ADD | +$5.8M | +196,924 | $13.9M | $19.8M | 869,926 | 1,066,850 |
| pos:12595 | TRIM | −$6.5M | −27,187 | $25.4M | $18.9M | 121,328 | 94,141 |
| pos:16764 | TRIM | −$4.7M | −3,808 | $23.1M | $18.4M | 38,978 | 35,170 |
| pos:12735 | TRIM | −$4.1M | −1,524 | $22.4M | $18.3M | 27,092 | 25,568 |
| pos:17542 | TRIM | +$172K | −946 | $18.1M | $18.2M | 58,332 | 57,386 |
| pos:15144 | ADD | +$1.4M | +7,000 | $16.7M | $18.2M | 84,702 | 91,702 |
| pos:13458 | ADD | +$546K | +11,000 | $17.1M | $17.6M | 97,154 | 108,154 |
| pos:12290 | NEW | +$16.4M | +346,739 | $0 | $16.4M | — | 346,739 |
| pos:14555 | TRIM | −$512K | −19,296 | $16.6M | $16.1M | 128,669 | 109,373 |
| pos:16190 | NEW | +$15.8M | +53,188 | $0 | $15.8M | — | 53,188 |
| sid:sec:prov:ef34235d103b41a86d675b450d56e1bd | TRIM | +$1.2M | −276,262 | $14.3M | $15.5M | 1,914,885 | 1,638,623 |
| pos:17897 | TRIM | −$837K | −6,000 | $16.3M | $15.5M | 74,804 | 68,804 |
| pos:14783 | ADD | −$4.1M | +1,910 | $19.3M | $15.2M | 194,457 | 196,367 |
| pos:11388 | TRIM | +$713K | −5,155 | $14.4M | $15.1M | 63,458 | 58,303 |
| pos:10573 | TRIM | −$1.8M | −13,365 | $16.8M | $15.0M | 100,300 | 86,935 |
| pos:13961 | TRIM | +$1.3M | −6,000 | $13.3M | $14.6M | 118,081 | 112,081 |
| pos:11884 | TRIM | −$10.0M | −356,029 | $23.8M | $13.8M | 611,494 | 255,465 |
| pos:12900 | ADD | +$3.5M | +11,210 | $9.5M | $13.0M | 66,532 | 77,742 |
| pos:14143 | TRIM | −$9.0M | −27,710 | $21.4M | $12.4M | 123,845 | 96,135 |
| pos:18172 | NEW | +$12.3M | +230,136 | $0 | $12.3M | — | 230,136 |
| pos:15823 | ADD | +$146K | +8,603 | $12.0M | $12.1M | 136,119 | 144,722 |
| pos:17408 | ADD | +$187K | +30,000 | $11.4M | $11.5M | 315,750 | 345,750 |
| pos:10427 | TRIM | +$2.1M | −8,000 | $7.4M | $9.5M | 75,000 | 67,000 |
| pos:12108 | TRIM | −$1.3M | −2,767 | $10.7M | $9.4M | 102,009 | 99,242 |
| pos:17845 | TRIM | −$4.9M | −18,461 | $14.1M | $9.2M | 63,458 | 44,997 |
| pos:12498 | TRIM | −$496K | −4,511 | $8.9M | $8.5M | 100,078 | 95,567 |
| pos:14095 | ADD | −$34.5K | +7,268 | $8.2M | $8.1M | 76,078 | 83,346 |
| pos:13832 | ADD | −$190K | +1,265 | $7.9M | $7.7M | 10,062 | 11,327 |
| pos:15495 | TRIM | −$1.0M | −735 | $8.6M | $7.5M | 16,223 | 15,488 |
| pos:16004 | TRIM | −$467K | −604 | $7.7M | $7.2M | 13,346 | 12,742 |
| pos:12180 | TRIM | −$2.0M | −14,240 | $9.0M | $7.1M | 390,978 | 376,738 |
| pos:14303 | ADD | −$856K | +785 | $7.7M | $6.8M | 13,768 | 14,553 |
| pos:17225 | TRIM | −$560K | −10,909 | $7.3M | $6.7M | 90,824 | 79,915 |
| pos:12030 | TRIM | −$789K | −344 | $7.2M | $6.5M | 7,322 | 6,978 |
| pos:10194 | ADD | +$919K | +26,000 | $5.5M | $6.4M | 106,246 | 132,246 |
| pos:10554 | TRIM | −$283K | −1,314 | $6.7M | $6.4M | 27,939 | 26,625 |
| pos:17290 | TRIM | −$939K | −849 | $7.3M | $6.3M | 18,748 | 17,899 |
| pos:11064 | ADD | +$906K | +1,444 | $5.3M | $6.2M | 20,015 | 21,459 |
| pos:16310 | TRIM | −$1.4M | −29,000 | $7.2M | $5.9M | 112,517 | 83,517 |
| pos:15220 | ADD | +$555K | +2,388 | $5.0M | $5.6M | 12,633 | 15,021 |
| pos:10376 | TRIM | −$714K | −4,024 | $6.2M | $5.4M | 56,507 | 52,483 |
| pos:16686 | ADD | +$161K | +9,261 | $5.2M | $5.4M | 48,192 | 57,453 |
| pos:10586 | ADD | +$228K | +2,031 | $4.7M | $4.9M | 10,598 | 12,629 |
| pos:16072 | ADD | +$1.1M | +240 | $3.8M | $4.9M | 17,194 | 17,434 |
| pos:17837 | TRIM | −$8.1M | −7,029 | $12.8M | $4.8M | 10,930 | 3,901 |
| pos:10935 | TRIM | −$153K | −5,188 | $4.8M | $4.6M | 110,342 | 105,154 |
| pos:13000 | TRIM | −$2.4M | −54,000 | $7.0M | $4.6M | 154,470 | 100,470 |
| pos:10331 | TRIM | −$2.8M | −45,000 | $7.5M | $4.6M | 105,473 | 60,473 |
| pos:15433 | TRIM | −$784K | −187 | $5.4M | $4.6M | 3,996 | 3,809 |
| pos:10915 | TRIM | +$291K | −1,266 | $4.3M | $4.6M | 26,914 | 25,648 |
| pos:16762 | TRIM | −$598K | −2,372 | $5.1M | $4.5M | 50,457 | 48,085 |
| pos:18182 | TRIM | −$813K | −16,328 | $4.9M | $4.1M | 87,790 | 71,462 |
| pos:12759 | NEW | +$3.9M | +637,271 | $0 | $3.9M | — | 637,271 |
| sid:sec:prov:636025167f135725718ab65e5347aeb8 | ADD | +$454K | +6,446 | $3.4M | $3.9M | 64,807 | 71,253 |
| pos:17095 | TRIM | −$342K | −187 | $4.2M | $3.8M | 33,751 | 33,564 |
| pos:14175 | TRIM | −$617K | −2,826 | $4.4M | $3.8M | 20,021 | 17,195 |
| pos:16495 | ADD | +$1.3M | +4,122 | $2.4M | $3.7M | 15,509 | 19,631 |
| pos:15535 | TRIM | −$429K | −3,372 | $4.1M | $3.6M | 71,717 | 68,345 |
| pos:11265 | TRIM | −$6.8M | −35,069 | $10.4M | $3.6M | 49,597 | 14,528 |
| pos:11148 | ADD | −$254K | +11,059 | $3.7M | $3.5M | 84,553 | 95,612 |
| pos:14021 | TRIM | −$1.2M | −1,069 | $4.6M | $3.5M | 22,730 | 21,661 |
| pos:16115 | TRIM | −$296K | −1,937 | $3.5M | $3.2M | 11,180 | 9,243 |
Ticker: no position here maps to a reviewed ticker. Flags: no row carries a flag.
1–20 of the 100 changes on this page
1–100 of 107 changes
Mark-to-market only (no share change) · 23
Positions whose share count is identical in both quarters; the value changed with price, not with a decision.
| position matched across quarters by exact reported CUSIP over a registry gap — never a name match | NEW / ADD / TRIM / EXIT by share count · NO CHANGE = same shares; the value moved with price, so never an ADD or a TRIM · EXIT = absent this quarter (disposed, delisted, confidential, or reported by an affiliate) — the filing does not say which · NO PRIOR = no comparable prior quarter on record (a first filing, or a quarter filed inside an affiliate's report), so not called a new stake · n/c = not classifiable: value undisclosed on one side of the pair, or neither shares nor value can classify it · †v: the reported share count is unchanged across the pair; this build's data classified the change from its reported value; builds from 2026-09-10 on read it as NO CHANGE | derived by Public Filings from the published data; “no value” means the source did not disclose a usable value — never zero | Prev value | Curr value | Prev shares | Curr shares | |
|---|---|---|---|---|---|---|---|
| pos:11122 | NO CHANGE | +$355K | 0 | $44.6M | $44.9M | 199,260 | 199,260 |
| pos:10973 | NO CHANGE | +$4.2M | 0 | $25.1M | $29.3M | 208,552 | 208,552 |
| pos:15529 | NO CHANGE | −$1.3M | 0 | $28.7M | $27.4M | 531,483 | 531,483 |
| pos:17719 | NO CHANGE | +$820K | 0 | $21.6M | $22.4M | 109,238 | 109,238 |
| pos:10193 | NO CHANGE | −$2.5M | 0 | $20.9M | $18.4M | 36,820 | 36,820 |
| pos:13406 | NO CHANGE | +$1.5M | 0 | $16.1M | $17.6M | 184,899 | 184,899 |
| pos:12666 | NO CHANGE | +$1.1M | 0 | $15.3M | $16.5M | 412,726 | 412,726 |
| pos:17195 | NO CHANGE | +$735K | 0 | $13.1M | $13.8M | 129,882 | 129,882 |
| pos:17411 | NO CHANGE | +$1.5M | 0 | $11.9M | $13.4M | 51,335 | 51,335 |
| pos:16458 | NO CHANGE | +$966K | 0 | $12.2M | $13.2M | 119,237 | 119,237 |
| pos:14916 | NO CHANGE | −$475K | 0 | $13.6M | $13.1M | 59,403 | 59,403 |
| pos:12693 | NO CHANGE | +$6.9K | 0 | $11.9M | $11.9M | 85,742 | 85,742 |
| pos:13319 | NO CHANGE | +$927K | 0 | $10.6M | $11.5M | 89,657 | 89,657 |
| pos:12068 | NO CHANGE | +$1.2M | 0 | $9.6M | $10.8M | 147,000 | 147,000 |
| pos:12749 | NO CHANGE | +$2.1M | 0 | $7.2M | $9.3M | 197,277 | 197,277 |
| sid:sec:prov:c981d89112e9e1f2e94c030091f2b821 | NO CHANGE | −$10.3K | 0 | $9.3M | $9.3M | 171,000 | 171,000 |
| pos:17260 | NO CHANGE | +$2.2M | 0 | $6.4M | $8.5M | 11,576 | 11,576 |
| pos:15863 | NO CHANGE | −$143K | 0 | $6.7M | $6.6M | 8,655 | 8,655 |
| pos:17782 | NO CHANGE | −$981K | 0 | $6.3M | $5.3M | 71,249 | 71,249 |
| pos:13186 | NO CHANGE | −$245K | 0 | $5.2M | $4.9M | 30,715 | 30,715 |
| pos:13354 | NO CHANGE | +$376K | 0 | $4.0M | $4.4M | 58,627 | 58,627 |
| pos:17751 | NO CHANGE | +$229K | 0 | $3.8M | $4.0M | 47,963 | 47,963 |
| pos:17166 | NO CHANGE | −$59.5K | 0 | $2.7M | $2.7M | 123,967 | 123,967 |
Ticker: no position here maps to a reviewed ticker. Flags: no row carries a flag.
Holdings without a security ID are counted, not compared. Method ↗
Reported positions
not published in this buildThis build does not ship the holdings list, so the per-filer position list is not served here. Public Filings decided on 2026-08-01 to serve this list from its published build; a build that has not published it says so rather than showing an empty table. The primary source is the filing itself:
Book shape
Tick = median of the 8,035 tracked filers with a 2025-09-30 book (the index median: the 7,935 with a complete book). Concentration uses reported 13F long value, not total assets; the index is withheld when any position lacks a value.- 47.0%below median 79.6%
- integer Herfindahl–Hirschman index in basis points over disclosed position values
- 143 bpsbelow median 440 bps
- holdings with no disclosed value (undisclosed, or unreadable on the filing) — kept and counted, never shown as zero
- 125 / 125median book 102 positions
130 quarter-over-quarter rows
Filing history
Complete source filings on SEC EDGAR
The filing on EDGAR is the record, including any filed after this build.
Open Thematics Asset Management's 13F filings on SEC EDGAR ↗A 13F is a quarterly, long-only snapshot filed up to 45 days late — not current holdings. what a 13F covers ↗
13F reports cover LONG positions in Section 13(f) securities (US exchange-traded equities plus reportable options, warrants, certain convertibles) held by managers with at least $100M in such securities — so managers below that threshold are absent entirely. No short positions, no cash, no non-13(f) assets — not a full portfolio, and not a census of institutional ownership.
Positions are quarter-end snapshots filed up to 45 days late — not current holdings: a position may have changed or closed since the quarter ended.
Values are the manager's stated market value at quarter-end in era-dependent units (whole dollars for form versions effective 2023-01-03 onward, thousands before), normalized here to whole dollars; each record notes its original unit.
Affiliated managers may report the same position, so one position can appear under more than one filer.
Positions under confidential treatment may be omitted until a later amendment discloses them.
These are disclosures, not investment advice.