# EDGAR Filing Document

**Accession Number:** 0001843510
**File Stem:** 0001843510-23-000001
**Filing Date:** 2023-1
**Character Count:** 12702
**Document Hash:** 96fdb6fd7eb3353dff1aa77b123b128d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001843510-23-000001.hdr.sgml**: 20230120

**ACCESSION NUMBER**: 0001843510-23-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230120

**DATE AS OF CHANGE**: 20230120

**EFFECTIVENESS DATE**: 20230120

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Quaero Capital S.A.
- **CENTRAL INDEX KEY:** 0001843510
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20677
- **FILM NUMBER:** 23539041

**BUSINESS ADDRESS:**
- **STREET 1:** 20 BIS RUE DE LAUSSANE
- **CITY:** GENEVE
- **STATE:** V8
- **ZIP:** 1201
- **BUSINESS PHONE:** 0041225188310

**MAIL ADDRESS:**
- **STREET 1:** 20 BIS RUE DE LAUSSANE
- **CITY:** GENEVE
- **STATE:** V8
- **ZIP:** 1201

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Quaero Capital S.A.<br>**Address:** 20 BIS RUE DE LAUSSANE<br>GENEVE, V8 1201

**Form 13F File Number:** 028-20677

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Myriam Ly<br>**Title:** Head of Legal  Compliance<br>**Phone:** 0041225188310

**Signature, Place, and Date of Signing:**

Myriam Ly  Geneva, V8  01-20-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 91

**Form 13F Information Table Value Total:** $144650901

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 360 DIGITECH INC | AMERICAN DEP | 88557W101 |  | 3280505 | 161125 | SH |  | SOLE |  | 161125 | 0 | 0 |
| AES CORP | COM | 00130H105 |  | 1706906 | 59350 | SH |  | SOLE |  | 59350 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 389925 | 7500 | SH |  | SOLE |  | 7500 | 0 | 0 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 3881610 | 12592 | SH |  | SOLE |  | 12592 | 0 | 0 |
| AIRBNB INC | NOTE3/1 | 009066AB7 |  | 1074710 | 1300000 | PRN |  | SOLE |  | 1300000 | 0 | 0 |
| AKAMAI TECHNOLOGIES INC | NOTE  0.375% 9/0 | 00971TAL5 |  | 1165140 | 1200000 | PRN |  | SOLE |  | 1200000 | 0 | 0 |
| ALARM COM HLDGS INC | NOTE1/1 | 011642AB1 |  | 822440 | 1000000 | PRN |  | SOLE |  | 1000000 | 0 | 0 |
| ALBEMARLE CORP | COM | 012653101 |  | 6502330 | 29984 | SH |  | SOLE |  | 29984 | 0 | 0 |
| AMERESCO INC | CL A | 02361E108 |  | 3434685 | 60110 | SH |  | SOLE |  | 60110 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 1631322 | 7700 | SH |  | SOLE |  | 7700 | 0 | 0 |
| ANSYS INC | COM | 03662Q105 |  | 855229 | 3540 | SH |  | SOLE |  | 3540 | 0 | 0 |
| BENTLEY SYS INC | NOTE  0.125% 1/1 | 08265TAB5 |  | 1097292 | 1200000 | PRN |  | SOLE |  | 1200000 | 0 | 0 |
| BLOCK INC | NOTE  0.125% 3/0 | 852234AF0 |  | 763208 | 800000 | PRN |  | SOLE |  | 800000 | 0 | 0 |
| BLOOM ENERGY CORP | COM CL A | 093712107 |  | 2363939 | 123637 | SH |  | SOLE |  | 123637 | 0 | 0 |
| BOOKING HOLDINGS INC | NOTE  0.750% 5/0 | 09857LAN8 |  | 665580 | 500000 | PRN |  | SOLE |  | 500000 | 0 | 0 |
| BORR DRILLING LTD | SHS | G1466R173 |  | 283164 | 52000 | SH |  | SOLE |  | 52000 | 0 | 0 |
| BOX INC | NOTE1/1 | 10316TAB0 |  | 914536 | 700000 | PRN |  | SOLE |  | 700000 | 0 | 0 |
| CABLE ONE INC | NOTE3/1 | 12685JAE5 |  | 865040 | 1100000 | PRN |  | SOLE |  | 1100000 | 0 | 0 |
| CAMECO CORP | COM | 13321L108 |  | 453400 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 1746259 | 14700 | SH |  | SOLE |  | 14700 | 0 | 0 |
| CANADIAN PAC RY LTD | COM | 13645T100 |  | 1473865 | 19750 | SH |  | SOLE |  | 19750 | 0 | 0 |
| CANADIAN SOLAR INC | COM | 136635109 |  | 1839446 | 59529 | SH |  | SOLE |  | 59529 | 0 | 0 |
| CENTERPOINT ENERGY INC | COM | 15189T107 |  | 2300233 | 76700 | SH |  | SOLE |  | 76700 | 0 | 0 |
| CHEESECAKE FACTORY INC | NOTE  0.375% 6/1 | 163072AA9 |  | 1074138 | 1300000 | PRN |  | SOLE |  | 1300000 | 0 | 0 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 1127699 | 7520 | SH |  | SOLE |  | 7520 | 0 | 0 |
| CNH INDL N V | SHS | N20944109 |  | 789034 | 49251 | SH |  | SOLE |  | 49251 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 948310 | 11000 | SH |  | SOLE |  | 11000 | 0 | 0 |
| DATADOG INC | NOTE  0.125% 6/1 | 23804LAB9 |  | 766066 | 700000 | PRN |  | SOLE |  | 700000 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 688589 | 1606 | SH |  | SOLE |  | 1606 | 0 | 0 |
| DROPBOX INC | NOTE3/0 | 26210CAD6 |  | 1255800 | 1400000 | PRN |  | SOLE |  | 1400000 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 393885 | 2706 | SH |  | SOLE |  | 2706 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 1099137 | 28100 | SH |  | SOLE |  | 28100 | 0 | 0 |
| ENPHASE ENERGY INC | COM | 29355A107 |  | 11164884 | 42138 | SH |  | SOLE |  | 42138 | 0 | 0 |
| ENPHASE ENERGY INC | NOTE3/0 | 29355AAH0 |  | 1145000 | 1000000 | PRN |  | SOLE |  | 1000000 | 0 | 0 |
| ENVESTNET INC | NOTE  0.750% 8/1 | 29404KAE6 |  | 725984 | 800000 | PRN |  | SOLE |  | 800000 | 0 | 0 |
| ETSY INC | NOTE  0.125%10/0 | 29786AAJ5 |  | 461085 | 300000 | PRN |  | SOLE |  | 300000 | 0 | 0 |
| EXELON CORP | COM | 30161N101 |  | 1296900 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 |  | 5873266 | 39210 | SH |  | SOLE |  | 39210 | 0 | 0 |
| FORD MTR CO DEL | NOTE3/1 | 345370CZ1 |  | 1231334 | 1300000 | PRN |  | SOLE |  | 1300000 | 0 | 0 |
| FUTU HLDGS LTD | SPON ADS CL A | 36118L106 |  | 1952094 | 48022 | SH |  | SOLE |  | 48022 | 0 | 0 |
| GRAPHIC PACKAGING HLDG CO | COM | 388689101 |  | 477975 | 21482 | SH |  | SOLE |  | 21482 | 0 | 0 |
| GROCERY OUTLET HLDG CORP | COM | 39874R101 |  | 483328 | 16558 | SH |  | SOLE |  | 16558 | 0 | 0 |
| GRUPO AEROPORTUARIO DEL CENT | SPON ADR | 400501102 |  | 711160 | 11500 | SH |  | SOLE |  | 11500 | 0 | 0 |
| GRUPO AEROPORTUARIO DEL SURE | SPON ADR SER B | 40051E202 |  | 1008847 | 4330 | SH |  | SOLE |  | 4330 | 0 | 0 |
| HAEMONETICS CORP MASS | NOTE3/0 | 405024AB6 |  | 749826 | 900000 | PRN |  | SOLE |  | 900000 | 0 | 0 |
| HALLIBURTON CO | COM | 406216101 |  | 448590 | 11400 | SH |  | SOLE |  | 11400 | 0 | 0 |
| HALOZYME THERAPEUTICS INC | NOTE  0.250% 3/0 | 40637HAD1 |  | 487495 | 500000 | PRN |  | SOLE |  | 500000 | 0 | 0 |
| HANNON ARMSTRONG SUST INFR C | COM | 41068X100 |  | 2154286 | 74337 | SH |  | SOLE |  | 74337 | 0 | 0 |
| HDFC BANK LTD | SPONSORED ADS | 40415F101 |  | 744301 | 10880 | SH |  | SOLE |  | 10880 | 0 | 0 |
| HEADHUNTER GROUP PLC | SPONSORED ADS | 42207L106 |  | 18 | 183596 | SH |  | SOLE |  | 183596 | 0 | 0 |
| HUBSPOT INC | NOTE  0.375% 6/0 | 443573AD2 |  | 1237910 | 1000000 | PRN |  | SOLE |  | 1000000 | 0 | 0 |
| ILLUMINA INC | NOTE8/1 | 452327AK5 |  | 1935600 | 2000000 | PRN |  | SOLE |  | 2000000 | 0 | 0 |
| LI-CYCLE HOLDINGS CORP | COMMON SHARES | 50202P105 |  | 429314 | 90192 | SH |  | SOLE |  | 90192 | 0 | 0 |
| LINDE PLC | SHS | G5494J103 |  | 3923293 | 12028 | SH |  | SOLE |  | 12028 | 0 | 0 |
| LOGITECH INTL S A | SHS | H50430232 |  | 3579198 | 58000 | SH |  | SOLE |  | 58000 | 0 | 0 |
| LUMENTUM HLDGS INC | NOTE  0.500%12/1 | 55024UAD1 |  | 855370 | 1000000 | PRN |  | SOLE |  | 1000000 | 0 | 0 |
| MARRIOTT VACATIONS WORLDWIDE | NOTE1/1 | 57164YAD9 |  | 733410 | 750000 | PRN |  | SOLE |  | 750000 | 0 | 0 |
| MIDDLEBY CORP | NOTE  1.000% 9/0 | 596278AB7 |  | 823977 | 700000 | PRN |  | SOLE |  | 700000 | 0 | 0 |
| NATIONAL VISION HLDGS INC | NOTE  2.500% 5/1 | 63845RAB3 |  | 275756 | 200000 | PRN |  | SOLE |  | 200000 | 0 | 0 |
| NETEASE INC | SPONSORED ADS | 64110W102 |  | 1938495 | 26690 | SH |  | SOLE |  | 26690 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 363440 | 7700 | SH |  | SOLE |  | 7700 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 6856036 | 82010 | SH |  | SOLE |  | 82010 | 0 | 0 |
| NICE LTD | NOTE9/1 | 653656AB4 |  | 1226810 | 1300000 | PRN |  | SOLE |  | 1300000 | 0 | 0 |
| ON SEMICONDUCTOR CORP | COM | 682189105 |  | 114948 | 1843 | SH |  | SOLE |  | 1843 | 0 | 0 |
| ON SEMICONDUCTOR CORP | NOTE5/0 | 682189AS4 |  | 531032 | 400000 | PRN |  | SOLE |  | 400000 | 0 | 0 |
| PALO ALTO NETWORKS INC | NOTE  0.375% 6/0 | 697435AF2 |  | 1034187 | 700000 | PRN |  | SOLE |  | 700000 | 0 | 0 |
| PARSONS CORP DEL | NOTE  0.250% 8/1 | 70202LAB8 |  | 912112 | 800000 | PRN |  | SOLE |  | 800000 | 0 | 0 |
| PETROLEO BRASILEIRO SA PETRO | SPONSORED ADR | 71654V408 |  | 330150 | 31000 | SH |  | SOLE |  | 31000 | 0 | 0 |
| PINDUODUO INC | SPONSORED ADS | 722304102 |  | 3381879 | 41470 | SH |  | SOLE |  | 41470 | 0 | 0 |
| PLUG POWER INC | COM NEW | 72919P202 |  | 1823152 | 147385 | SH |  | SOLE |  | 147385 | 0 | 0 |
| PROGRESS SOFTWARE CORP | NOTE  1.000% 4/1 | 743312AB6 |  | 512320 | 500000 | PRN |  | SOLE |  | 500000 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 1404185 | 10886 | SH |  | SOLE |  | 10886 | 0 | 0 |
| SBA COMMUNICATIONS CORP NEW | CL A | 78410G104 |  | 2298542 | 8200 | SH |  | SOLE |  | 8200 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 588060 | 11000 | SH |  | SOLE |  | 11000 | 0 | 0 |
| SEMPRA | COM | 816851109 |  | 2372189 | 15350 | SH |  | SOLE |  | 15350 | 0 | 0 |
| SOCIEDAD QUIMICA Y MINERA DE | SPON ADR SER B | 833635105 |  | 4851637 | 60767 | SH |  | SOLE |  | 60767 | 0 | 0 |
| SOLAREDGE TECHNOLOGIES INC | COM | 83417M104 |  | 8702338 | 30721 | SH |  | SOLE |  | 30721 | 0 | 0 |
| SOLAREDGE TECHNOLOGIES INC | NOTE9/1 | 83417MAD6 |  | 996296 | 800000 | PRN |  | SOLE |  | 800000 | 0 | 0 |
| SOUTHWEST AIRLS CO | NOTE  1.250% 5/0 | 844741BG2 |  | 1368017 | 1150000 | PRN |  | SOLE |  | 1150000 | 0 | 0 |
| SUNRUN INC | COM | 86771W105 |  | 2367051 | 98545 | SH |  | SOLE |  | 98545 | 0 | 0 |
| TECK RESOURCES LTD | CL B | 878742204 |  | 919064 | 24301 | SH |  | SOLE |  | 24301 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 532507 | 4323 | SH |  | SOLE |  | 4323 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 598600 | 1087 | SH |  | SOLE |  | 1087 | 0 | 0 |
| TOPGOLF CALLAWAY BRANDS CORP | NOTE  2.750% 5/0 | 131193AE4 |  | 327245 | 250000 | PRN |  | SOLE |  | 250000 | 0 | 0 |
| TYLER TEX INDPT SCH DIST | NOTE  0.250% 3/1 | 902252AB1 |  | 1028511 | 1100000 | PRN |  | SOLE |  | 1100000 | 0 | 0 |
| UIPATH INC | CL A | 90364P105 |  | 747971 | 58849 | SH |  | SOLE |  | 58849 | 0 | 0 |
| VERINT SYSTEMS INC | NOTE  0.250% 4/1 | 92343XAC4 |  | 949410 | 1100000 | PRN |  | SOLE |  | 1100000 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 1014229 | 6465 | SH |  | SOLE |  | 6465 | 0 | 0 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 |  | 351720 | 9000 | SH |  | SOLE |  | 9000 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 1645000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| YANDEX N V | SHS CLASS A | N97284108 |  | 145 | 145000 | SH |  | SOLE |  | 145000 | 0 | 0 |

---