HedgeMountain

Zeno Equity Partners LLP

London, United Kingdom · CRD 163002
Hedge fund managerExempt reporting

Zeno Equity Partners LLP is an exempt reporting adviser based in London, United Kingdom that reports managing 6 hedge funds on Form ADV. Its private funds, of all types, hold $330.6 million in gross assets. Its disclosed U.S. stock holdings returned an estimated -4.2% 2026 YTD through Jun 30 (S&P 500: +9.5%), based on 13F filings. Over a longer period they returned an estimated +2.5% from Q3 2024 to Q2 2026, compared with +37.2% for the S&P 500, based on 13F filings.

Regulatory assets under management
—Form ADV Item 5.F
Gross assets of private funds
$330.6 millionAll private fund types, Form ADV
Hedge funds managed
67 private funds in total
Employees
—Form ADV Item 5.A
Registration
Exempt reporting adviserCRD 163002
Latest Form ADV
03/18/2026Disciplinary disclosures: none reported

Estimated 13F portfolio performance

Est. 2026 YTD-4.2%Through Q2 2026 · S&P 500 +9.5%
Est. 2-year return+2.5%Q3 2024 – Q2 2026
S&P 500+37.2%Same quarters, price only
13F holdings$269.0 million16 positions, 2026-06-30
$97$117$137Q3 2024Q1 2025Q3 2025Q1 202613F est. $103S&P 500 $137
QuarterEst. 13F returnS&P 500
Q2 2026+5.7%+14.8%
Q1 2026-9.4%-4.6%
Q4 2025+2.5%+2.4%
Q3 2025+0.7%+7.8%
Q2 2025+6.7%+10.4%
Q1 2025-6.8%-4.5%
Q4 2024-1.4%+2.1%
Q3 2024+5.8%+5.4%

Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures

Largest disclosed holdings

  • Danaher Corporation$47.9 million
  • Linde PLC$29.3 million
  • Amazon Com Inc Com$25.5 million
  • Vista Energy S.a.b. De C.V.$23.6 million
  • Heico Corp New$22.7 million
  • Waldencast PLC$21.6 million
  • Descartes SYS Group Inc$19.4 million
  • Patria Investments Limited$18.7 million
  • Itau Unibanco Hldg S A$17.8 million
  • Vulcan Matls Co$10.4 million

As of 2026-06-30, from 13F filing by Zeno Equity Partners LLP.

From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. HedgeMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures