Q2 2026 13F · SEC CIK 1843111
APEIRON CAPITAL Ltd
Asset managerFiled 2026-08-06 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $155.7M
- Reported positions
- 14
- Top holdings a year, 3 yrs
- +2.0%
- Average holding period
- 1.2 yrs
APEIRON CAPITAL Ltd is an asset manager that reported 14 positions worth $155.7M in its Q2 2026 13F, filed 2026-08-06. Its largest holdings were Direxion Shares ETF Trust (MUU, 22.9%), On Hldg AG (ONON, 18.1%), Abivax SA (ABVX, 11.2%). A portfolio copying its top holdings returned 2.0% a year over the last 3 years, against 20.4% for the S&P 500.
APEIRON CAPITAL Ltd holdings all 14 positions.
Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| MUUDirexion Shares ETF Trust | 22.9% | — | $35.7M |
| ONONOn Hldg AG | 18.1% | -20.1% | $28.2M |
| ABVXAbivax SA | 11.2% | — | $17.4M |
| QFINQfin Holdings Inc | 9.9% | -5.4% | $15.4M |
| SMMTSummit Therapeutics Inc | 9.0% | -26.5% | $14.0M |
| TSMTaiwan Semiconductor Manufac | 5.5% | +103.4% | $8.5M |
| WDCWestern Digital Corp Com | 5.3% | — | $8.3M |
| NKTRNektar Therapeutics | 4.8% | — | $7.4M |
| NOKNokia Corp | 3.2% | — | $5.0M |
| STXSeagate Technology Hldngs Pl | 3.1% | — | $4.8M |
| SNDKSandisk Corp | 2.3% | — | $3.6M |
| LITELumentum Hldgs Inc | 1.9% | — | $3.0M |
| TCOMTrip Com Group Ltd | 1.8% | +0.0% | $2.8M |
| POETPoet Technologies Inc | 0.9% | — | $1.5M |
What APEIRON CAPITAL Ltd bought and sold in Q2 2026, against Q1 2026.
New positions
- MUU Direxion Shares ETF Trust22.9% of 13F
- ABVX Abivax SA11.2% of 13F
- WDC Western Digital Corp Com5.3% of 13F
- NKTR Nektar Therapeutics4.8% of 13F
- NOK Nokia Corp3.2% of 13F
- STX Seagate Technology Hldngs Pl3.1% of 13F
- SNDK Sandisk Corp2.3% of 13F
- LITE Lumentum Hldgs Inc1.9% of 13F
Added to
- TSM Taiwan Semiconductor Manufac+103.4% shares
Reduced
- SMMT Summit Therapeutics Inc-26.5% shares
- ONON On Hldg AG-20.1% shares
- QFIN Qfin Holdings Inc-5.4% shares
Sold out
- MU Micron Technology Incwas 6.9%
- U Unity Software Inc Comwas 5.1%
- AMZN Amazon Com Incwas 4.8%
- KWEB Kraneshares Trustwas 3.3%
- FTAI Ftai Aviation Ltdwas 2.5%
- SNPS Synopsys Incwas 2.2%
- HOOD Robinhood Mkts Incwas 1.7%
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- -36.3% /yr
- S&P 500 +20.1%
- 3 years
- +2.0% /yr
- S&P 500 +20.4%
- 5 years
- -7.8% /yr
- S&P 500 +11.6%
A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q2 2026 | $155.7M | 14 |
| Q1 2026 | $106.9M | 12 |
| Q4 2025 | $86.5M | 5 |
| Q3 2025 | $210.4M | 8 |
| Q2 2025 | $105.9M | 5 |
| Q1 2025 | $217.6M | 11 |
| Q4 2024 | $268.3M | 13 |
| Q3 2024 | $280.3M | 10 |
| Q2 2024 | $286.6M | 11 |
| Q1 2024 | $197.9M | 12 |
| Q4 2023 | $68.0M | 8 |
| Q3 2023 | $77.2M | 10 |
Questions about APEIRON CAPITAL Ltd's portfolio
What stocks does APEIRON CAPITAL Ltd own?
APEIRON CAPITAL Ltd's latest 13F, for Q2 2026 and filed Aug 6, 2026, lists 14 positions worth $155.7M. The largest are Direxion Shares ETF Trust (MUU) at 22.9%, On Hldg AG (ONON) at 18.1%, Abivax SA (ABVX) at 11.2%, Qfin Holdings Inc (QFIN) at 9.9% and Summit Therapeutics Inc (SMMT) at 9.0%.
What did APEIRON CAPITAL Ltd buy last quarter?
In Q2 2026, APEIRON CAPITAL Ltd added a new position in Direxion Shares ETF Trust (MUU), a new position in Abivax SA (ABVX), a new position in Western Digital Corp Com (WDC), a new position in Nektar Therapeutics (NKTR), a new position in Nokia Corp (NOK) and Taiwan Semiconductor Manufac (TSM) (+103.4% shares), compared with its Q1 2026 filing.
What did APEIRON CAPITAL Ltd sell last quarter?
In Q2 2026, APEIRON CAPITAL Ltd sold all of Micron Technology Inc (MU), sold all of Unity Software Inc Com (U), sold all of Amazon Com Inc (AMZN), sold all of Kraneshares Trust (KWEB), sold all of Ftai Aviation Ltd (FTAI), Summit Therapeutics Inc (SMMT) (-26.5% shares), On Hldg AG (ONON) (-20.1% shares) and Qfin Holdings Inc (QFIN) (-5.4% shares), compared with its Q1 2026 filing.
How has APEIRON CAPITAL Ltd's portfolio performed?
A portfolio copying APEIRON CAPITAL Ltd's 20 largest 13F holdings each quarter, from the day each filing was public, returned +2.0% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: -36.3% against +20.1%. Over 5 years: -7.8% a year against +11.6%.
When is APEIRON CAPITAL Ltd's next 13F filing due?
13F filings are due 45 days after each quarter ends. APEIRON CAPITAL Ltd's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.