Hyperion Asset Management Ltd Long-Term Concentrated

Location: Royal Exchange, Australia

CIK: 0001619844 · Show all filings

Period: Q3 2026 (← Previous)

Filing Date: Oct 20, 2026

Total Value: $3.658B (100.0% shares, 0.0% debt)

Holdings (20)

Increased Positions (6)

TSM TAIWAN SEMICONDUCTOR MANUFAC 5.6%

Value $204M (+61.7%) Shares 447,377 (+69.3%) Share Price $456.19 Est. Cost/Share $413.12 Unrealized @ Report Date +10.4%

SPCX SPACE EXPLORATION TECHN CORP 7.4%

Value $271M (+34.9%) Shares 1,798,919 (+52.8%) Share Price $150.86 Est. Cost/Share $159.53 Unrealized @ Report Date -5.4%

TSLA TESLA INC 13.0%

Value $476M (-7.9%) Shares 1,340,736 (+9.2%) Share Price $354.81 Est. Cost/Share $256.36 Unrealized @ Report Date +38.4%

ARM ARM HOLDINGS PLC 5.8%

Value $211M (+11.8%) Shares 727,273 (+36.9%) Share Price $289.66 Est. Cost/Share $179.73 Unrealized @ Report Date +61.2%

BROS DUTCH BROS INC 1.3%

Value $47.14M (+9.8%) Shares 1,222,532 (+104.4%) Share Price $38.56 Est. Cost/Share $55.57 Unrealized @ Report Date -30.6%

ASML ASML HLDG NV 7.4%

Value $272M (-0.2%) Shares 150,408 (+9.5%) Share Price $1811.67 Est. Cost/Share $988.99 Unrealized @ Report Date +83.2%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
TSM	TAIWAN SEMICONDUCTOR MANUFAC	447,377 (+69.3%)	$204M (+61.7%)	5.6%	$456.19	$413.12	+10.4%	SPONSORED ADS	874039100
SPCX	SPACE EXPLORATION TECHN CORP	1,798,919 (+52.8%)	$271M (+34.9%)	7.4%	$150.86	$159.53	-5.4%	CLASS A COM STK	84615Q103
TSLA	TESLA INC	1,340,736 (+9.2%)	$476M (-7.9%)	13.0%	$354.81	$256.36	+38.4%	COM	88160R101
ARM	ARM HOLDINGS PLC	727,273 (+36.9%)	$211M (+11.8%)	5.8%	$289.66	$179.73	+61.2%	SPONSORED ADS	042068205
BROS	DUTCH BROS INC	1,222,532 (+104.4%)	$47.14M (+9.8%)	1.3%	$38.56	$55.57	-30.6%	CL A	26701L100
ASML	ASML HLDG NV	150,408 (+9.5%)	$272M (-0.2%)	7.4%	$1811.67	$988.99	+83.2%	N Y REGISTRY SHS	N07059210

Decreased Positions (11)

GOOGL ALPHABET INC 9.4%

Value $344M (-30.2%) Shares 1,000,442 (-27.5%) Share Price $344.08 Est. Cost/Share $318.96 Unrealized @ Report Date +7.9%

AXON AXON ENTERPRISE INC 1.9%

Value $68.88M (-42.5%) Shares 163,020 (-23.6%) Share Price $422.52 Est. Cost/Share $630.77 Unrealized @ Report Date -33.0%

AMZN AMAZON COM INC 6.7%

Value $245M (-16.1%) Shares 985,145 (-19.7%) Share Price $249.15 Est. Cost/Share $147.43 Unrealized @ Report Date +69.0%

XYZ BLOCK INC 4.4%

Value $161M (-20.9%) Shares 2,193,746 (-18.2%) Share Price $73.53 Est. Cost/Share $93.53 Unrealized @ Report Date -21.4%

ISRG INTUITIVE SURGICAL INC 3.6%

Value $133M (-20.3%) Shares 327,039 (-22.0%) Share Price $406.63 Est. Cost/Share $430.59 Unrealized @ Report Date -5.6%

MA MASTERCARD INCORPORATED 1.5%

Value $56.6M (-22.5%) Shares 102,628 (-27.8%) Share Price $551.47 Est. Cost/Share $403.38 Unrealized @ Report Date +36.7%

SPOT SPOTIFY TECHNOLOGY S A 1.1%

Value $39.9M (-19.3%) Shares 81,868 (-24.0%) Share Price $487.38 Est. Cost/Share $247.23 Unrealized @ Report Date +97.1%

PLTR PALANTIR TECHNOLOGIES INC 3.3%

Value $121M (-6.6%) Shares 647,697 (-41.7%) Share Price $187.05 Est. Cost/Share $33.94 Unrealized @ Report Date +451.1%

V VISA INC 2.3%

Value $84.14M (-4.7%) Shares 234,149 (-9.0%) Share Price $359.33 Est. Cost/Share $239.45 Unrealized @ Report Date +50.1%

NOW SERVICENOW INC 0.9%

Value $31.39M (+15.0%) Shares 234,252 (-14.8%) Share Price $134.01 Est. Cost/Share $158.21 Unrealized @ Report Date -15.3%

MSFT MICROSOFT CORP 5.3%

Value $194M (-0.6%) Shares 379,115 (-27.7%) Share Price $512.90 Est. Cost/Share $316.44 Unrealized @ Report Date +62.1%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GOOGL	ALPHABET INC	1,000,442 (-27.5%)	$344M (-30.2%)	9.4%	$344.08	$318.96	+7.9%	CAP STK CL A	02079K305
AXON	AXON ENTERPRISE INC	163,020 (-23.6%)	$68.88M (-42.5%)	1.9%	$422.52	$630.77	-33.0%	COM	05464C101
AMZN	AMAZON COM INC	985,145 (-19.7%)	$245M (-16.1%)	6.7%	$249.15	$147.43	+69.0%	COM	023135106
XYZ	BLOCK INC	2,193,746 (-18.2%)	$161M (-20.9%)	4.4%	$73.53	$93.53	-21.4%	CL A	852234103
ISRG	INTUITIVE SURGICAL INC	327,039 (-22.0%)	$133M (-20.3%)	3.6%	$406.63	$430.59	-5.6%	COM NEW	46120E602
MA	MASTERCARD INCORPORATED	102,628 (-27.8%)	$56.6M (-22.5%)	1.5%	$551.47	$403.38	+36.7%	CL A	57636Q104
SPOT	SPOTIFY TECHNOLOGY S A	81,868 (-24.0%)	$39.9M (-19.3%)	1.1%	$487.38	$247.23	+97.1%	SHS	L8681T102
PLTR	PALANTIR TECHNOLOGIES INC	647,697 (-41.7%)	$121M (-6.6%)	3.3%	$187.05	$33.94	+451.1%	CL A	69608A108
V	VISA INC	234,149 (-9.0%)	$84.14M (-4.7%)	2.3%	$359.33	$239.45	+50.1%	COM CL A	92826C839
NOW	SERVICENOW INC	234,252 (-14.8%)	$31.39M (+15.0%)	0.9%	$134.01	$158.21	-15.3%	COM	81762P102
MSFT	MICROSOFT CORP	379,115 (-27.7%)	$194M (-0.6%)	5.3%	$512.90	$316.44	+62.1%	COM	594918104

Unchanged Positions (3)

META META PLATFORMS INC 9.4%

Value $345M Shares 475,646 Share Price $725.18 Est. Cost/Share $511.45 Unrealized @ Report Date +41.8%

NVDA NVIDIA CORPORATION 7.9%

Value $289M Shares 1,265,708 Share Price $228.38 Est. Cost/Share $158.33 Unrealized @ Report Date +44.2%

COST COSTCO WHOLESALE CORPORATION 1.7%

Value $62.4M Shares 68,545 Share Price $910.34 Est. Cost/Share $581.45 Unrealized @ Report Date +56.6%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
META	META PLATFORMS INC	475,646	$345M	9.4%	$725.18	$511.45	+41.8%	CL A	30303M102
NVDA	NVIDIA CORPORATION	1,265,708	$289M	7.9%	$228.38	$158.33	+44.2%	COM	67066G104
COST	COSTCO WHOLESALE CORPORATION	68,545	$62.4M	1.7%	$910.34	$581.45	+56.6%	COM	22160K105