I.G.Y. Ltd

Key Holdings

The sole holding in the portfolio is Costco Wholesale Corporation (COST), representing 100% of the total value at $88.63 million. The position consists of 96,000 shares. Costco is a dominant player in the consumer defensive sector, known for its subscription-based business model and consistent revenue growth. By allocating the entire remaining capital to Costco, the firm demonstrates a high-conviction stance on this specific entity. The size of the position suggests that I.G.Y. Ltd views Costco as a stable store of value or a premier opportunity capable of outperforming the broader market, justifying the lack of diversification.