1y return+21.9%S&P 500 +20.9%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2024: $133 against $127 in the S&P 500.2
SALT Holding Corp.S&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| VODVodafone Group PLC | $50.5M | 26.8% | |
| Ferrari N VCUSIP N3167Y103 | $24.9M | 13.2% | |
| Astrazeneca PLCCUSIP G0593M107 | $17.7M | 9.4% | |
| NOKNokia Corp | $14.3M | 7.6% | |
| BUDAnheuser Busch Inbev Sa Nv | $12.7M | 6.7% | |
| GSKGsk PLC | $12.3M | 6.5% | New |
| NVONovo-nordisk A S | $12.3M | 6.5% | |
| NVSNovartis Ag | $10.5M | 5.5% | |
| STMStmicroelectronics N V | $9.4M | 5.0% | |
| BTIBritish Amern Tob PLC | $5.9M | 3.1% | |
| DEODiageo PLC | $2.6M | 1.4% | |
| ULUnilever PLC | $2.2M | 1.2% | New |
| ERICTelefonaktiebolaget Lm Erics | $2.2M | 1.2% | |
| Frontline PLCCUSIP M46528101 | $2.2M | 1.2% | |
| Asml Hldg NvCUSIP N07059210 | $1.4M | 0.8% | |
| MTArcelormittal Sa Luxembourg | $1.2M | 0.6% | |
| SAPSap Se | $1.0M | 0.5% | |
| Logitech Intl S ACUSIP H50430232 | $918K | 0.5% | |
| Stellantis N.vCUSIP N82405106 | $864K | 0.5% | |
| SHELShell PLC | $771K | 0.4% | |
| Qiagen NvCUSIP N72482156 | $706K | 0.4% | New |
| EQNREquinor Asa | $691K | 0.4% | |
| MIAXMiami Intl Hldgs Inc | $564K | 0.3% | |
| ARGXArgenx Se | $464K | 0.2% | |
| WDSWoodside Energy Group Ltd | $462K | 0.2% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| MTArcelormittal Sa Luxembourg | December 31, 2024 | +160.4% | $1.2M |
| STMStmicroelectronics N V | June 30, 2025 | +146.3% | $9.4M |
| NOKNokia Corp | December 31, 2025 | +105.3% | $14.3M |
| VODVodafone Group PLC | December 31, 2024 | +55.8% | $50.5M |
| Frontline PLCCUSIP M46528101 | September 30, 2025 | +52.7% | $2.2M |
| ARGXArgenx Se | December 31, 2024 | +50.9% | $464K |
| Asml Hldg NvCUSIP N07059210 | March 31, 2026 | +50.6% | $1.4M |
| BUDAnheuser Busch Inbev Sa Nv | September 30, 2025 | +38.2% | $12.7M |
| NVONovo-nordisk A S | March 31, 2026 | +30.4% | $12.3M |
| EQNREquinor Asa | September 30, 2025 | +28.8% | $691K |
Sold off last quarter
- BPBp PLC was $226K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +6.7% | +14.8% |
| March 31, 2026 | +7.1% | −4.6% |
| December 31, 2025 | +1.9% | +2.4% |
| September 30, 2025 | +4.7% | +7.8% |
| June 30, 2025 | +9.9% | +10.5% |
| March 31, 2025 | −1.0% | −4.6% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: SALT Holding Corp. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1996109&type=13F-HR&dateb=&owner=include&count=40CIK 1996109
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1996109/000199610926000008/Filed August 14, 2026 · accession 0001996109-26-000008