WORMSER FRERES GESTION Concentrated Active

Location: Paris, France

CIK: 0002051288 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 10, 2026

Total Value: $176M (100.0% shares, 0.0% debt)

Holdings (44)

TMO THERMO FISHER SCIENTIFIC INC 7.2%

Value $12.76M Shares 22,006 Est. Cost $475.47 Unrealized +18.9%

MSFT MICROSOFT CORP 7.2%

Value $12.7M Shares 26,249 Est. Cost $393.59 Unrealized +27.2%

AMZN AMAZON COM INC 6.9%

Value $12.19M Shares 52,805 Est. Cost $146.73 Unrealized +55.9%

GOOGL ALPHABET INC 6.7%

Value $11.76M Shares 37,558 Est. Cost $136.52 Unrealized +109.2%

V VISA INC 6.2%

Value $10.92M Shares 31,137 Est. Cost $252.07 Unrealized +35.0%

PANW PALO ALTO NETWORKS INC 5.7%

Value $9.96M Shares 54,056 Est. Cost $185.76 Unrealized +8.6%

SYK STRYKER CORPORATION 5.7%

Value $9.949M Shares 28,298 Est. Cost $294.67 Unrealized +23.3%

PTC PTC INC 5.5%

Value $9.681M Shares 55,551 Est. Cost $157.65 Unrealized +17.9%

DHR DANAHER CORPORATION 4.9%

Value $8.67M Shares 37,860 Est. Cost $219.13 Unrealized +0.2%

CRM SALESFORCE INC 4.9%

Value $8.581M Shares 32,381 Est. Cost $231.60 Unrealized +7.2%

ACN ACCENTURE PLC IRELAND 4.8%

Value $8.371M Shares 31,188 Est. Cost $311.42 Unrealized -18.4%

ECL ECOLAB INC 4.5%

Value $7.867M Shares 29,957 Est. Cost $185.14 Unrealized +43.5%

EW EDWARDS LIFESCIENCES CORP 4.5%

Value $7.833M Shares 91,851 Est. Cost $75.91 Unrealized +8.1%

ALC ALCON AG 4.4%

Value $7.799M Shares 97,620 Est. Cost $74.82 Unrealized +2.9%

ADP AUTOMATIC DATA PROCESSING IN 4.4%

Value $7.722M Shares 30,011 Est. Cost $279.76 Unrealized -5.3%

— NVIDIA CORPORATION 3.7%

Value $6.489M Shares 34,783 Est. Cost $122.81 Unrealized —

ISRG INTUITIVE SURGICAL INC 3.0%

Value $5.364M Shares 9,467 Est. Cost $450.86 Unrealized +18.1%

— MSCI INC 2.6%

Value $4.664M Shares 8,126 Est. Cost $571.30 Unrealized —

— VERISK ANALYTICS INC 2.1%

Value $3.761M Shares 16,807 Est. Cost $253.21 Unrealized —

IAU ISHARES GOLD TR 1.4%

Value $2.548M Shares 30,784 Est. Cost $40.80 Unrealized —

RACE FERRARI N V 0.7%

Value $1.26M Shares 3,364 Est. Cost $378.96 Unrealized +5.6%

ABT ABBOTT LABS 0.5%

Value $873K Shares 6,968 Est. Cost $126.78 Unrealized +0.4%

XYL XYLEM INC 0.4%

Value $732K Shares 5,372 Est. Cost $105.97 Unrealized +35.5%

LLY ELI LILLY & CO 0.4%

Value $728K Shares 677 Est. Cost $852.83 Unrealized +12.0%

XLE SELECT SECTOR SPDR TR 0.2%

Value $403K Shares 4,390 Est. Cost $89.91 Unrealized —

MSI MOTOROLA SOLUTIONS INC 0.2%

Value $373K Shares 973 Est. Cost $366.60 Unrealized +9.3%

EMR EMERSON ELEC CO 0.2%

Value $306K Shares 2,302 Est. Cost $104.82 Unrealized +26.3%

ZTS ZOETIS INC 0.2%

Value $269K Shares 2,136 Est. Cost $171.40 Unrealized -24.0%

ITRI ITRON INC 0.1%

Value $255K Shares 2,749 Est. Cost $83.92 Unrealized +29.8%

— ORACLE CORP 0.1%

Value $217K Shares 1,113 Est. Cost $221.70 Unrealized —

KLAC KLA CORP 0.1%

Value $192K Shares 158 Est. Cost $723.61 Unrealized +62.0%

XME SPDR SERIES TRUST 0.1%

Value $157K Shares 1,535 Est. Cost $58.31 Unrealized —

GOOG ALPHABET INC 0.1%

Value $157K Shares 499 Est. Cost $148.07 Unrealized +93.4%

ICLN ISHARES TR 0.1%

Value $115K Shares 7,000 Est. Cost $13.57 Unrealized —

AAPL APPLE INC 0.1%

Value $109K Shares 400 Est. Cost $182.85 Unrealized +46.8%

VEGI ISHARES INC 0.0%

Value $58,399 Shares 1,500 Est. Cost $37.51 Unrealized —

MOO VANECK ETF TRUST 0.0%

Value $51,740 Shares 700 Est. Cost $72.04 Unrealized —

VEEV VEEVA SYS INC 0.0%

Value $41,534 Shares 186 Est. Cost $245.11 Unrealized +8.3%

IDXX IDEXX LABS INC 0.0%

Value $36,545 Shares 54 Est. Cost $671.42 Unrealized +1.4%

— QIAGEN NV 0.0%

Value $23,923 Shares 524 Est. Cost $40.67 Unrealized —

UNH UNITEDHEALTH GROUP INC 0.0%

Value $23,115 Shares 70 Est. Cost $549.52 Unrealized -38.6%

ALGN ALIGN TECHNOLOGY INC 0.0%

Value $13,745 Shares 88 Est. Cost $261.48 Unrealized -45.2%

ILMN ILLUMINA INC 0.0%

Value $11,939 Shares 91 Est. Cost $116.67 Unrealized +0.6%

INTC INTEL CORP 0.0%

Value $6,459 Shares 175 Est. Cost $40.04 Unrealized -5.7%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TMO	THERMO FISHER SCIENTIFIC INC	22,006	$12.76M	7.2%	$475.47	+18.9%	COM	883556102
MSFT	MICROSOFT CORP	26,249	$12.7M	7.2%	$393.59	+27.2%	COM	594918104
AMZN	AMAZON COM INC	52,805	$12.19M	6.9%	$146.73	+55.9%	COM	023135106
GOOGL	ALPHABET INC	37,558	$11.76M	6.7%	$136.52	+109.2%	CAP STK CL A	02079K305
V	VISA INC	31,137	$10.92M	6.2%	$252.07	+35.0%	COM CL A	92826C839
PANW	PALO ALTO NETWORKS INC	54,056	$9.96M	5.7%	$185.76	+8.6%	COM	697435105
SYK	STRYKER CORPORATION	28,298	$9.949M	5.7%	$294.67	+23.3%	COM	863667101
PTC	PTC INC	55,551	$9.681M	5.5%	$157.65	+17.9%	COM	69370C100
DHR	DANAHER CORPORATION	37,860	$8.67M	4.9%	$219.13	+0.2%	COM	235851102
CRM	SALESFORCE INC	32,381	$8.581M	4.9%	$231.60	+7.2%	COM	79466L302
ACN	ACCENTURE PLC IRELAND	31,188	$8.371M	4.8%	$311.42	-18.4%	SHS CLASS A	G1151C101
ECL	ECOLAB INC	29,957	$7.867M	4.5%	$185.14	+43.5%	COM	278865100
EW	EDWARDS LIFESCIENCES CORP	91,851	$7.833M	4.5%	$75.91	+8.1%	COM	28176E108
ALC	ALCON AG	97,620	$7.799M	4.4%	$74.82	+2.9%	ORD SHS	H01301128
ADP	AUTOMATIC DATA PROCESSING IN	30,011	$7.722M	4.4%	$279.76	-5.3%	COM	053015103
—	NVIDIA CORPORATION	34,783	$6.489M	3.7%	$122.81	—	COM	67066g104
ISRG	INTUITIVE SURGICAL INC	9,467	$5.364M	3.0%	$450.86	+18.1%	COM NEW	46120E602
—	MSCI INC	8,126	$4.664M	2.6%	$571.30	—	COM	55354g100
—	VERISK ANALYTICS INC	16,807	$3.761M	2.1%	$253.21	—	COM	92345y106
IAU	ISHARES GOLD TR	30,784	$2.548M	1.4%	$40.80	—	ISHARES NEW	464285204
RACE	FERRARI N V	3,364	$1.26M	0.7%	$378.96	+5.6%	COM	N3167Y103
ABT	ABBOTT LABS	6,968	$873K	0.5%	$126.78	+0.4%	COM	002824100
XYL	XYLEM INC	5,372	$732K	0.4%	$105.97	+35.5%	COM	98419M100
LLY	ELI LILLY & CO	677	$728K	0.4%	$852.83	+12.0%	COM	532457108
XLE	SELECT SECTOR SPDR TR	4,390	$403K	0.2%	$89.91	—	ENERGY	81369Y506
MSI	MOTOROLA SOLUTIONS INC	973	$373K	0.2%	$366.60	+9.3%	COM NEW	620076307
EMR	EMERSON ELEC CO	2,302	$306K	0.2%	$104.82	+26.3%	COM	291011104
ZTS	ZOETIS INC	2,136	$269K	0.2%	$171.40	-24.0%	CL A	98978V103
ITRI	ITRON INC	2,749	$255K	0.1%	$83.92	+29.8%	COM	465741106
—	ORACLE CORP	1,113	$217K	0.1%	$221.70	—	COM	68389x105
KLAC	KLA CORP	158	$192K	0.1%	$723.61	+62.0%	COM NEW	482480100
XME	SPDR SERIES TRUST	1,535	$157K	0.1%	$58.31	—	S&P METALS MNG	78464A755
GOOG	ALPHABET INC	499	$157K	0.1%	$148.07	+93.4%	CAP STK CL C	02079K107
ICLN	ISHARES TR	7,000	$115K	0.1%	$13.57	—	GL CLEAN ENE ETF	464288224
AAPL	APPLE INC	400	$109K	0.1%	$182.85	+46.8%	COM	037833100
VEGI	ISHARES INC	1,500	$58,399	0.0%	$37.51	—	MSCI AGRICULTURE	464286350
MOO	VANECK ETF TRUST	700	$51,740	0.0%	$72.04	—	AGRIBUSINESS ETF	92189F700
VEEV	VEEVA SYS INC	186	$41,534	0.0%	$245.11	+8.3%	CL A COM	922475108
IDXX	IDEXX LABS INC	54	$36,545	0.0%	$671.42	+1.4%	COM	45168D104
—	QIAGEN NV	524	$23,923	0.0%	$40.67	—	COM SHS	N72482206
UNH	UNITEDHEALTH GROUP INC	70	$23,115	0.0%	$549.52	-38.6%	COM	91324P102
ALGN	ALIGN TECHNOLOGY INC	88	$13,745	0.0%	$261.48	-45.2%	COM	016255101
ILMN	ILLUMINA INC	91	$11,939	0.0%	$116.67	+0.6%	COM	452327109
INTC	INTEL CORP	175	$6,459	0.0%	$40.04	-5.7%	COM	458140100