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Portfolio (Quarterly) Guide ↗

WORMSER FRERES GESTION

· CIK 0002051288
13F Portfolio $180M AUM 49 positions Filed Feb 10, 2026 EDGAR ↗ ← All Funds
Q3 2025 Q2 2025 · All 2 New 31 Added 4 Reduced 1 Exited
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 EMR EMERSON ELEC CO Industrials 48,768.0 $6.4M 3.58% -25K -34.0% $132.01 +4.4%
2 IAU ISHARES GOLD TR Financial Services 34,528.0 $2.5M 1.39% -1K -4.0% $72.52 +17.9%
3 UNH UNITEDHEALTH GROUP INC Healthcare 70.0 $24K 0.01% -58.0 -45.3% $345.29 +15.6%
4 ALGN ALIGN TECHNOLOGY INC Healthcare 88.0 $11K 0.01% -4K -97.5% $125.22 +25.6%

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 36.8%
Healthcare 27.1%
Financial Services 9.8%
Industrials 8.7%
Consumer Cyclical 7.6%
Communication Services 5.4%
Basic Materials 4.7%
Energy 0.0%