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Parametric SAS
Thomas Lee · Asset Manager · Quant/Systematic
Parametric SAS is the alternatives and systematic investment solutions business of Morgan Stanley Investment Management, based in Paris. Originally established in 2006 as FundLogic SAS, the firm was rebranded in 2025 to integrate with the global Parametric brand. It specializes in providing institutional investors with access to systematic, rules-based strategies across UCITS and non-UCITS formats, including absolute return funds and multi-asset risk premia. Managing over $10 billion in assets, the firm acts as a specialized partner for global institutions, combining quantitative rigor with Morgan Stanley’s broader investment capabilities. The institution is a key component of the firm's systematic platform, focusing on delivering transparent, repeatable, and efficient investment outcomes through advanced technology and rigorous research.
Simulated Performance
| Metric | Value |
|---|---|
| Total return | -0.5% |
| YTD return | -1.6% |
| Sharpe ratio | -1.58 |
| Win rate | 35% |
| AUM | $0.0B |
| Inception | Oct 1, 2025 |
| Updated | Sep 18, 2026 |
Institution Status
| Field | Value |
|---|---|
| AUM | $0.0B |
| Turnover | Low (<15%) |
| Avg holding | 18 Months |
| Inception | Oct 1, 2025 |
| Website | https://www.parametricportfolio.com |
Current Holdings
Updated on Sep 18, 2026.
| Ticker | Name | Portfolio % | Return |
|---|---|---|---|
| SAP | SAP SE ADR | 12.7% | -22.4% |
| ZURVY | Zurich Insurance Group Ltd | 11.7% | 0.0% |
| IFNNY | Infineon Technologies AG ADR | 11.6% | 0.0% |
| SBSNY | Schibsted ASA ADR | 7.6% | -26.7% |
| SIEGY | Siemens AG ADR | 6.6% | +12.4% |
| GALDY | GALDERMA GROUP AG | 6.4% | +13.3% |
| VWAGY | Volkswagen AG 1/10 ADR | 4.8% | 0.0% |
| HVRRY | Hannover Re | 4.3% | 0.0% |
| WMB | Williams Companies Inc | 4.1% | +14.1% |
| AMT | American Tower Corp | 3.6% | -9.1% |
| KMI | Kinder Morgan Inc | 2.9% | +13.8% |
| OKE | ONEOK Inc | 2.9% | +30.1% |
| ADDHY | Addtech AB (publ.) | 2.9% | 0.0% |
| NHYDY | Norsk Hydro ASA ADR | 2.8% | 0.0% |
| EXC | Exelon Corporation | 2.8% | -5.8% |
| TRGP | Targa Resources Inc | 2.8% | +75.0% |
| SDVKY | Sandvik AB ADR | 2.6% | 0.0% |
| SKFRY | AB SKF | 2.5% | 0.0% |
| SRE | Sempra Energy | 2.4% | -8.2% |
| LNG | Cheniere Energy Inc | 2.3% | +15.9% |
Recent activity
| Date | Action | Ticker | Weight |
|---|---|---|---|
| Oct 1, 2025 | BUY | ZURVY | 0.0% → 11.6% |
| Oct 1, 2025 | BUY | IFNNY | 0.0% → 11.5% |
| Oct 1, 2025 | BUY | SBSNY | 0.0% → 7.5% |
| Oct 1, 2025 | BUY | SIEGY | 0.0% → 6.6% |
| Oct 1, 2025 | BUY | SAP | 0.0% → 14.6% |
Investment Style Analysis
Parametric SAS is widely recognized for employing a Quant/Systematic strategy. As of Sep 18, 2026, the firm oversees approximately $0.0B in assets under management (AUM). The portfolio demonstrates a clear preference for the Oil & Gas Midstream and Software - Application sectors, reflecting a high-conviction approach to capital allocation.
Recent Market Moves
During the latest rebalancing period ending Oct 1, Parametric SAS made a significant move by increasing exposure to ZURVY. This adjustment aligns with the fund's dynamic approach to risk management and capital deployment in current market conditions.
Investment Philosophy
The investment philosophy of Parametric SAS centers on a systematic, rules-based approach that prioritizes scientific portfolio construction and structural efficiency over traditional market forecasting. By focusing on data-driven research and repeatable outcomes, the firm seeks to capture persistent market exposures and unique alphas, such as the volatility risk premium, while managing downside risk. Its strategies emphasize transparency and scalability, utilizing advanced quantitative models to offer bespoke solutions including absolute return UCITS funds and customized multi-asset risk premia. The firm aims to solve complex institutional challenges through precision implementation, leveraging technology to deliver solutions that are optimized for risk mitigation, tax efficiency, and long-term strategic alignment with client objectives.
Disclaimer
The content provided on this page, including the simulated portfolio performance, holdings analysis, and AI-generated insights, is for informational and educational purposes only. It does not constitute financial advice, investment recommendations, or an offer to buy or sell any securities. All data is derived from historical SEC 13F filings and other public disclosures, which have a reporting lag. The "Simulated Performance" is a hypothetical reconstruction based on past disclosures and does not represent the actual returns of the institution. Past performance is not indicative of future results. Tritonix.ai is not affiliated with Parametric SAS.
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Frequently asked questions
How is the simulated portfolio for Parametric SAS constructed?
This simulation is powered by Tritonix AI using official SEC filings. We focus on the "Best Ideas" by filtering for only the Top 20 largest holdings and rebalancing them to 100%. The simulation tracks performance starting from Oct 1, 2025. Our AI monitors for updates every Monday to capture major shifts. This concentrated approach highlights the manager's true stock-picking skill and mirrors their actual investment returns.
What is Parametric SAS's largest holding?
As of the latest filing, Parametric SAS's top position is SAP SE ADR (SAP), representing 12.7% of the portfolio. This reflects a high-conviction bet by the institution.
What is Parametric SAS's historical performance and risk profile?
Our simulation indicates a total return of -0.5% with a win rate of 35%. Notably, the portfolio maintains a Sharpe Ratio of -1.58, suggesting an standard level of risk-adjusted returns compared to the broader market.
What sectors does Parametric SAS primarily invest in?
Parametric SAS has a strong preference for the Oil & Gas Midstream sector, which makes up 14.9% of their disclosed assets. The portfolio also has exposure to Software - Application, indicating a specific thematic focus.
Is Parametric SAS's portfolio concentrated or diversified?
Parametric SAS runs a moderately concentrated portfolio with 20 disclosed positions. The top 3 holdings alone account for 36.0% of the total portfolio weight, suggesting a strategy that favors broader market exposure.
How has Parametric SAS performed in 2026?
Our AI-simulated model portfolio for Parametric SAS tracks a Year-to-Date (YTD) return of -1.6%. This metric helps investors gauge the institution's effectiveness in the current market environment.
Does Thomas Lee manage Parametric SAS directly?
Yes, Thomas Lee serves as the key portfolio manager for Parametric SAS, overseeing the investment strategy and final capital allocation decisions.