Zeno Equity Partners LLP Diversified Active

Location: LONDON, X0

CIK: 0002013334 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 14, 2026

Total Value ($000): $246,622 (100.0% shares, 0.0% debt)

Holdings (11)

New Positions (1)

PAM RYANAIR HOLDINGS ORD ADR 6.9%

Value ($000) $17,005 Shares 1,349,579 Est. Cost $12.60 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PAM	RYANAIR HOLDINGS ORD ADR	1,349,579	$17,005	6.9%	$12.60	—	ADR	697660207

Increased Positions (6)

LIN HEICO CL A ORD 27.7%

Value ($000) $68,215 (+18.4%) Shares 2,388,325 (+1305.2%) Est. Cost $457.12 Unrealized +0.6%

V VISA CL A ORD 8.9%

Value ($000) $21,911 (+76.3%) Shares 290,321 (+719.2%) Est. Cost $330.54 Unrealized -0.4%

AMZN AMAZON COM ORD 11.9%

Value ($000) $29,456 (+33.4%) Shares 141,430 (+47.8%) Est. Cost $187.66 Unrealized +20.9%

DHR DANAHER ORD 19.1%

Value ($000) $47,134 (-7.9%) Shares 248,230 (+11.1%) Est. Cost $217.39 Unrealized +3.4%

TXN TEXAS INSTRUMENTS ORD 7.0%

Value ($000) $17,252 (+8.5%) Shares 233,394 (+154.6%) Est. Cost $191.72 Unrealized +7.6%

HEI/A DESCARTES SYSTEM ORD 8.3%

Value ($000) $20,498 (-5.8%) Shares 286,443 (+15.4%) Est. Cost $232.88 Unrealized +11.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LIN	HEICO CL A ORD	2,388,325 (+1305.2%)	$68,215 (+18.4%)	27.7%	$457.12	+0.6%	Equity	G54950103
V	VISA CL A ORD	290,321 (+719.2%)	$21,911 (+76.3%)	8.9%	$330.54	-0.4%	Equity	92826C839
AMZN	AMAZON COM ORD	141,430 (+47.8%)	$29,456 (+33.4%)	11.9%	$187.66	+20.9%	Equity	023135106
DHR	DANAHER ORD	248,230 (+11.1%)	$47,134 (-7.9%)	19.1%	$217.39	+3.4%	Equity	235851102
TXN	TEXAS INSTRUMENTS ORD	233,394 (+154.6%)	$17,252 (+8.5%)	7.0%	$191.72	+7.6%	Equity	882508104
HEI/A	DESCARTES SYSTEM ORD	286,443 (+15.4%)	$20,498 (-5.8%)	8.3%	$232.88	+11.4%	Equity	422806208

Exited Positions (1)

APH AMPHENOL CL A ORD 1.5%

Value ($000) $3,665 Shares 27,087 Est. Cost $70.16 Unrealized +108.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
APH	AMPHENOL CL A ORD	27,087	$3,665	1.5%	$70.16	+108.7%	—	032095101

Decreased Positions (2)

SGI SOMNIGROUP INTERNATIONAL ORD 1.3%

Value ($000) $3,110 (-87.0%) Shares 53,811 (-79.9%) Est. Cost $64.76 Unrealized +42.0%

PAX PATRIA INVESTMENTS CL A ORD 4.1%

Value ($000) $10,229 (+9.0%) Shares 115,585 (-80.4%) Est. Cost $14.74 Unrealized +3.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SGI	SOMNIGROUP INTERNATIONAL ORD	53,811 (-79.9%)	$3,110 (-87.0%)	1.3%	$64.76	+42.0%	Equity	88023U101
PAX	PATRIA INVESTMENTS CL A ORD	115,585 (-80.4%)	$10,229 (+9.0%)	4.1%	$14.74	+3.5%	Equity	G69451105

Unchanged Positions (2)

WALD WALDENCAST CL A ORD 4.7%

Value ($000) $11,636 Shares 12,252,580 Est. Cost $9.37 Unrealized -81.7%

WALDW WALDENCAST EQY WARRANT 0.1%

Value ($000) $176 Shares 4,892,767 Est. Cost $0.95 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
WALD	WALDENCAST CL A ORD	12,252,580	$11,636	4.7%	$9.37	-81.7%	Equity	G9503X103
WALDW	WALDENCAST EQY WARRANT	4,892,767	$176	0.1%	$0.95	—	Warrant	G9503X111