FLOSSBACH VON STORCH SE Q1 2025 Filing

Filed April 30, 2025

Portfolio Value

$23.1B

Holdings

134

Report Date

Q1 2025

Filing Type

13F-HR

All Holdings (134 positions)

#	Stock	Shares	Value	% Portfolio
101	JAZZ 2 06/15/262,000 JAZZ INVESTMENTS 15.06.2026	1,700,000	$1.8B	7.67%
102	SNAP 0 05/01/270,000 SNAP 01.05.2027	1,900,000	$1.7B	7.35%
103	HALO 0.25 03/01/270,250 HALOZYME THERAPEUTICS 01.03.2027	1,500,000	$1.6B	6.90%
104	ETSY 0.125 10/01/260,125 ETSY 01.10.2026	1,600,000	$1.5B	6.68%
105	UBER 0.875 12/01/28 20280,875 UBER TECHNOLOGIES 01.12.2028	1,000,000	$1.2B	5.28%
106	F 0 03/15/260,000 FORD MOTOR 15.03.2026	1,000,000	$979.1M	4.24%
107	AKAM 0.375 09/01/270,375 AKAMAI TECHNOLOGIES 01.09.2027	900,000	$878.4M	3.80%
108	BMYBRISTOL-MYERS SQUIBB	11,465	$699.3M	3.03%
109	TAT&T	21,160	$598.4M	2.59%
110	LLYELI LILLY	685	$565.7M	2.45%
111	HIGHARTFORD FINANCIAL SERVICE	4,250	$525.9M	2.28%
112	HALO 1 08/15/281,000 HALOZYME THERAPEUTICS 15.08.2028	400,000	$513.2M	2.22%
113	LNGCHENIERE ENERGY	2,125	$491.7M	2.13%
114	UPSUNITED PARCEL SERVICE	4,225	$464.7M	2.01%
115	ORCLORACLE	3,230	$451.6M	1.96%
116	NWSANEWS - CLASS A	16,355	$445.2M	1.93%
117	UNMUNUM GROUP	5,325	$433.8M	1.88%
118	CITCINTAS	1,840	$378.2M	1.64%
119	GOOGALPHABET - CLASS C	2,209	$345.1M	1.49%
120	WMWASTE MANAGEMENT	1,365	$316.0M	1.37%
121	TRGPTARGA RESOURCES	1,550	$310.7M	1.35%
122	CMECME GROUP	1,155	$306.4M	1.33%
123	ZTSZOETIS	1,775	$292.3M	1.27%
124	ISRGINTUITIVE SURGICAL	565	$279.8M	1.21%
125	TELTE CONNECTIVITY	1,915	$270.6M	1.17%
126	CMCSACOMCAST A	6,790	$250.6M	1.09%
127	FISVFISERV	1,040	$229.7M	0.99%
128	GENGEN DIGITAL	8,610	$228.5M	0.99%
129	DGXQUEST DIAGNOSTICS	1,305	$220.8M	0.96%
130	RJFRAYMOND JAMES FINANCIAL	1,475	$204.9M	0.89%
131	SPOTSPOTIFY TECHNOLOGY	370	$203.5M	0.88%
132	MOSMOSAIC	7,480	$202.0M	0.88%
133	VEEVVEEVA SYSTEMS	865	$200.4M	0.87%
134	FFORD MOTOR	13,795	$138.4M	0.60%

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