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Orbis Allan Gray Ltd

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13F filer, CIK 1663865, HamiltoN, Bermuda

Orbis Allan Gray Ltd reported $20,565,982,804 across 78 holdings for the quarter ended 2025-06-30, in a 13F-HR filed 2025-08-14. Its ten largest share positions make up 46.25% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001085146-25-005183

Period
2025-06-30
Reported value
$20.6B
Holdings
78
Top 10 weight
46.25%
New
12
Sold out
12

Part of the filer group Orbis Allan Gray Ltd

How groups are built

Largest buys vs the previous quarter

SecurityShares changeApprox. value
SWadded+8,286,205$358M
IBKRadded+6,246,715$346M
PDDadded+3,250,416$340M
ITUBadded+43,153,787$293M
BBDnew+81,034,974$250M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
GPNexited-3,222,435-$316M
BIDUexited-3,236,111-$298M
QXOreduced-13,119,642-$283M
MSIreduced-560,530-$236M
MCHPreduced-2,994,155-$211M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q2 2025

Share positions as resolved from 13F-HR 0001085146-25-005183, largest first. % of portfolio is the value over $20,565,982,804, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
QXOQXO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 109,409,191 shares; 2024Q4: 109,409,191 shares; 2025Q1: 109,409,191 shares; 2025Q2: 96,289,549 shares 96,289,549$2.07B10.08%-13,119,642Timeline
CPAYCORPAY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,171,551 shares; 2024Q4: 3,940,836 shares; 2025Q1: 3,731,221 shares; 2025Q2: 3,855,589 shares 3,855,589$1.28B6.22%+124,368Timeline
ELVELEVANCE HEALTH INC FORMERLYQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 904,897 shares; 2024Q4: 2,168,945 shares; 2025Q1: 2,849,173 shares; 2025Q2: 2,855,850 shares 2,855,850$1.11B5.4%+6,677Timeline
NBISNEBIUS GROUP N.V.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,056,164 shares; 2024Q4: 15,725,682 shares; 2025Q1: 15,702,222 shares; 2025Q2: 17,651,930 shares 17,651,930$977M4.75%+1,949,708Timeline
SWSMURFIT WESTROCK PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 255,925 shares; 2024Q4: 5,784,560 shares; 2025Q1: 10,114,213 shares; 2025Q2: 18,400,418 shares 18,400,418$794M3.86%+8,286,205Timeline
ALNYALNYLAM PHARMACEUTICALS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,268,112 shares; 2024Q4: 1,472,802 shares; 2025Q1: 1,634,923 shares; 2025Q2: 2,121,412 shares 2,121,412$692M3.36%+486,489Timeline
BTIBRITISH AMERN TOB PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 8,217,429 shares; 2024Q4: 9,981,220 shares; 2025Q1: 12,021,231 shares; 2025Q2: 14,503,968 shares 14,503,968$686M3.34%+2,482,737Timeline
KMIKINDER MORGAN INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 18,270,089 shares; 2024Q4: 22,667,066 shares; 2025Q1: 21,964,323 shares; 2025Q2: 22,635,179 shares 22,635,179$665M3.24%+670,856Timeline
GXOGXO LOGISTICS INCORPORATEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 14,111,978 shares; 2024Q4: 12,654,819 shares; 2025Q1: 13,473,172 shares; 2025Q2: 13,173,596 shares 13,173,596$642M3.12%-299,576Timeline
PDDPDD HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 97,653 shares; 2025Q1: 2,397,312 shares; 2025Q2: 5,647,728 shares 5,647,728$591M2.87%+3,250,416Timeline
ITUBITAU UNIBANCO HLDG S AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 19,248,471 shares; 2024Q4: not reported; 2025Q1: 41,390,151 shares; 2025Q2: 84,543,938 shares 84,543,938$574M2.79%+43,153,787Timeline
IBKRINTERACTIVE BROKERS GROUP INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,503,137 shares; 2024Q4: 5,285,505 shares; 2025Q1: 3,493,357 shares; 2025Q2: 9,740,072 shares 9,740,072$540M2.62%+6,246,715Timeline
SHELSHELL PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 9,822,965 shares; 2024Q4: 6,662,537 shares; 2025Q1: 6,456,363 shares; 2025Q2: 7,333,663 shares 7,333,663$516M2.51%+877,300Timeline
STESTERIS PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 1,544,011 shares; 2025Q2: 2,100,099 shares 2,100,099$504M2.45%+556,088Timeline
RXORXO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 28,561,230 shares; 2024Q4: 30,244,861 shares; 2025Q1: 30,232,511 shares; 2025Q2: 31,375,221 shares 31,375,221$493M2.4%+1,142,710Timeline
NTESNETEASE COM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,481,212 shares; 2024Q4: 4,031,953 shares; 2025Q1: 3,664,973 shares; 2025Q2: 3,507,214 shares 3,507,214$472M2.3%-157,759Timeline
MUMICRON TECHNOLOGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,847,320 shares; 2024Q4: 2,786,347 shares; 2025Q1: 2,301,640 shares; 2025Q2: 3,457,726 shares 3,457,726$426M2.07%+1,156,086Timeline
DISDISNEY WALT COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,935,091 shares; 2024Q4: 2,968,297 shares; 2025Q1: 3,588,463 shares; 2025Q2: 3,351,421 shares 3,351,421$416M2.02%-237,042Timeline
XPOXPO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,841,399 shares; 2024Q4: 2,991,391 shares; 2025Q1: 2,697,161 shares; 2025Q2: 3,150,052 shares 3,150,052$398M1.93%+452,891Timeline
UNHUNITEDHEALTH GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,257,855 shares; 2024Q4: 1,888,186 shares; 2025Q1: 665,142 shares; 2025Q2: 1,086,717 shares 1,086,717$339M1.65%+421,575Timeline
MCHPMICROCHIP TECHNOLOGY INC.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 7,635,024 shares; 2025Q2: 4,640,869 shares 4,640,869$327M1.59%-2,994,155Timeline
CNKCINEMARK HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 13,267,658 shares; 2024Q4: 11,297,455 shares; 2025Q1: 10,142,246 shares; 2025Q2: 10,098,174 shares 10,098,174$305M1.48%-44,072Timeline
NEMNEWMONT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 9,200,058 shares; 2024Q4: 5,580,296 shares; 2025Q1: 5,672,683 shares; 2025Q2: 5,009,521 shares 5,009,521$292M1.42%-663,162Timeline
AESAES CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 23,586,494 shares; 2024Q4: 22,588,700 shares; 2025Q1: 27,518,952 shares; 2025Q2: 27,618,252 shares 27,618,252$291M1.41%+99,300Timeline
NUNU HLDGS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 14,722,930 shares; 2025Q2: 18,870,590 shares 18,870,590$259M1.26%+4,147,660Timeline
BBDBANCO BRADESCO S AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 81,034,974 shares 81,034,974$250M1.22%newTimeline
FSVFIRSTSERVICE CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 482,255 shares; 2024Q4: 1,193,065 shares; 2025Q1: 1,417,190 shares; 2025Q2: 1,423,870 shares 1,423,870$249M1.21%+6,680Timeline
GLDSPDR GOLD TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,115,066 shares; 2024Q4: 971,072 shares; 2025Q1: 951,603 shares; 2025Q2: 810,205 shares 810,205$247M1.2%-141,398Timeline
RNRRENAISSANCERE HLDGS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,837,440 shares; 2024Q4: 2,864,105 shares; 2025Q1: 1,748,169 shares; 2025Q2: 991,483 shares 991,483$241M1.17%-756,686Timeline
FNVFRANCO NEV CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,084,582 shares; 2024Q4: 1,940,525 shares; 2025Q1: 1,918,952 shares; 2025Q2: 1,412,097 shares 1,412,097$231M1.13%-506,855Timeline
BRKRBRUKER CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 4,678,045 shares 4,678,045$193M0.94%newTimeline
VALEVALE S AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 11,757,552 shares; 2025Q1: 31,257,989 shares; 2025Q2: 19,665,389 shares 19,665,389$191M0.93%-11,592,600Timeline
CXCEMEX SAB DE CVQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 6,414,359 shares; 2025Q1: 13,831,102 shares; 2025Q2: 26,300,519 shares 26,300,519$182M0.89%+12,469,417Timeline
BKNGBOOKING HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 56,539 shares; 2024Q4: 48,147 shares; 2025Q1: 42,172 shares; 2025Q2: 30,520 shares 30,520$177M0.86%-11,652Timeline
TXNTEXAS INSTRS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,149,826 shares; 2024Q4: 1,687,081 shares; 2025Q1: 154,241 shares; 2025Q2: 809,986 shares 809,986$168M0.82%+655,745Timeline
GMABGENMAB A/SQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,676,793 shares; 2024Q4: 2,815,562 shares; 2025Q1: 5,710,741 shares; 2025Q2: 7,920,400 shares 7,920,400$164M0.8%+2,209,659Timeline
SESEA LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 614,522 shares; 2024Q4: 1,006,544 shares; 2025Q1: 828,958 shares; 2025Q2: 1,017,534 shares 1,017,534$163M0.79%+188,576Timeline
XPXP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 8,001,932 shares 8,001,932$162M0.79%newTimeline
RRYDER SYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 258,157 shares; 2024Q4: 863,530 shares; 2025Q1: 870,959 shares; 2025Q2: 1,005,382 shares 1,005,382$160M0.78%+134,423Timeline
INSMINSMED INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 1,524,134 shares 1,524,134$153M0.75%newTimeline
IMAXIMAX CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,045,103 shares; 2024Q4: 3,457,685 shares; 2025Q1: 3,882,766 shares; 2025Q2: 5,113,033 shares 5,113,033$143M0.7%+1,230,267Timeline
CRSPCRISPR THERAPEUTICS AGQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 1,476,119 shares; 2025Q1: 1,562,932 shares; 2025Q2: 2,764,532 shares 2,764,532$134M0.65%+1,201,600Timeline
BBARRICK MNG CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 6,302,634 shares 6,302,634$131M0.64%newTimeline
SYNASYNAPTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,264,211 shares; 2024Q4: 2,274,989 shares; 2025Q1: 2,207,130 shares; 2025Q2: 1,833,523 shares 1,833,523$119M0.58%-373,607Timeline
DEODIAGEO PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,980,951 shares; 2024Q4: not reported; 2025Q1: 344,018 shares; 2025Q2: 1,157,991 shares 1,157,991$117M0.57%+813,973Timeline
BURBURFORD CAPITAL LIMITEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,396,019 shares; 2024Q4: 6,558,233 shares; 2025Q1: 7,235,504 shares; 2025Q2: 7,732,120 shares 7,732,120$110M0.54%+496,616Timeline
WPMWHEATON PRECIOUS METALS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,261,756 shares; 2024Q4: 1,326,424 shares; 2025Q1: 1,326,424 shares; 2025Q2: 1,023,924 shares 1,023,924$91.9M0.45%-302,500Timeline
MARMARRIOTT INTL INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 295,891 shares; 2024Q4: 295,891 shares; 2025Q1: 309,641 shares; 2025Q2: 309,641 shares 309,641$84.6M0.41%0Timeline
PTLOPORTILLOS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,732,489 shares; 2024Q4: 5,739,163 shares; 2025Q1: 5,973,638 shares; 2025Q2: 6,358,093 shares 6,358,093$74.2M0.36%+384,455Timeline
MSIMOTOROLA SOLUTIONS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 810,229 shares; 2024Q4: 724,562 shares; 2025Q1: 736,093 shares; 2025Q2: 175,563 shares 175,563$73.8M0.36%-560,530Timeline
VIPSVIPSHOP HLDGS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,645,116 shares; 2024Q4: 5,924,835 shares; 2025Q1: 7,009,180 shares; 2025Q2: 4,874,637 shares 4,874,637$73.4M0.36%-2,134,543Timeline
DAOYOUDAO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 9,390,344 shares; 2024Q4: 8,976,659 shares; 2025Q1: 8,339,388 shares; 2025Q2: 7,497,430 shares 7,497,430$64.5M0.31%-841,958Timeline
GFIGOLD FIELDS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,448,411 shares; 2024Q4: 5,024,223 shares; 2025Q1: 3,494,861 shares; 2025Q2: 2,669,748 shares 2,669,748$63.2M0.31%-825,113Timeline
FBINFORTUNE BRANDS INNOVATIONS IQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 763,211 shares; 2025Q2: 1,012,411 shares 1,012,411$52.1M0.25%+249,200Timeline
CRCCALIFORNIA RES CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,145,967 shares; 2024Q4: 1,164,248 shares; 2025Q1: 1,198,841 shares; 2025Q2: 1,121,467 shares 1,121,467$51.2M0.25%-77,374Timeline
ICLRICON PUB LTD COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,029 shares; 2024Q4: 244,857 shares; 2025Q1: not reported; 2025Q2: 335,677 shares 335,677$48.8M0.24%newTimeline
GNRCGENERAC HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 219,758 shares; 2024Q4: 191,815 shares; 2025Q1: 204,691 shares; 2025Q2: 307,374 shares 307,374$44M0.21%+102,683Timeline
ENBENBRIDGE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 589,974 shares; 2025Q1: 772,764 shares; 2025Q2: 963,762 shares 963,762$43.7M0.21%+190,998Timeline
BWXTBWX TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 295,045 shares 295,045$42.5M0.21%newTimeline
MTZMASTEC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 358,813 shares; 2024Q4: 207,153 shares; 2025Q1: 227,759 shares; 2025Q2: 239,407 shares 239,407$40.8M0.2%+11,648Timeline
NAVINAVIENT CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,488,681 shares; 2024Q4: 1,783,069 shares; 2025Q1: 2,311,785 shares; 2025Q2: 2,848,718 shares 2,848,718$40.2M0.2%+536,933Timeline
HDBHDFC BANK LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 556,817 shares; 2024Q4: 1,517,859 shares; 2025Q1: 451,048 shares; 2025Q2: 419,431 shares 419,431$32.2M0.16%-31,617Timeline
MSFTMICROSOFT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 39,079 shares; 2024Q4: 78,712 shares; 2025Q1: 94,908 shares; 2025Q2: 63,322 shares 63,322$31.5M0.15%-31,586Timeline
KBKB FINL GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 700,654 shares; 2024Q4: 412,132 shares; 2025Q1: 366,962 shares; 2025Q2: 370,306 shares 370,306$30.6M0.15%+3,344Timeline
ATKRATKORE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 182,844 shares; 2024Q4: 196,930 shares; 2025Q1: 251,030 shares; 2025Q2: 364,011 shares 364,011$25.7M0.12%+112,981Timeline
EMEEMCOR GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 28,937 shares; 2025Q2: 46,770 shares 46,770$25M0.12%+17,833Timeline
MCSMARCUS CORP DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,091,389 shares; 2024Q4: 1,196,083 shares; 2025Q1: 1,260,565 shares; 2025Q2: 1,375,121 shares 1,375,121$23.2M0.11%+114,556Timeline
NCMINATIONAL CINEMEDIA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 4,197,683 shares 4,197,683$20.3M0.1%newTimeline
PAGSPAGSEGURO DIGITAL LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 2,085,730 shares 2,085,730$20.1M0.1%newTimeline
NENOBLE CORP PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,964,718 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 741,409 shares 741,409$19.7M0.1%newTimeline
AUANGLOGOLD ASHANTI PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 593,705 shares; 2025Q1: 593,705 shares; 2025Q2: 427,891 shares 427,891$19.5M0.09%-165,814Timeline
MSMORGAN STANLEYQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 71,672 shares; 2024Q4: 71,672 shares; 2025Q1: 114,172 shares; 2025Q2: 115,346 shares 115,346$16.2M0.08%+1,174Timeline
GGENPACT LIMITEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,739,059 shares; 2024Q4: 1,808,542 shares; 2025Q1: 1,506,477 shares; 2025Q2: 359,700 shares 359,700$15.8M0.08%-1,146,777Timeline
CMCLCALEDONIA MNG CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 782,501 shares; 2024Q4: 782,501 shares; 2025Q1: 782,501 shares; 2025Q2: 782,501 shares 782,501$15.1M0.07%0Timeline
INTCINTEL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 798,505 shares; 2024Q4: 813,925 shares; 2025Q1: 636,922 shares; 2025Q2: 643,359 shares 643,359$14.4M0.07%+6,437Timeline
FUTUFUTU HLDGS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 239,168 shares; 2025Q1: 275,026 shares; 2025Q2: 88,899 shares 88,899$11M0.05%-186,127Timeline
IQVIQVIA HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 52,195 shares 52,195$8.23M0.04%newTimeline
TSMTAIWAN SEMICONDUCTOR MANUFACQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 16,958 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 5,412 shares 5,412$1.23M0.01%newTimeline

Sold out in Q2 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
GPNGLOBAL PMTS INC3,222,435$316Mshares
BIDUBAIDU INC3,236,111$298Mshares
GOOGLALPHABET INC1,301,632$201Mshares
BARRICK GOLD CORPBARRICK GOLD CORP5,481,945$107Mshares
ACGLARCH CAP GROUP LTD1,029,505$99Mshares
PFSIPENNYMAC FINL SVCS INC NEW926,775$92.8Mshares
BORRBORR DRILLING LTD7,617,577$16.7Mshares
GLBEGLOBAL E ONLINE LTD443,782$15.8Mshares
TSTENARIS S A377,357$14.8Mshares
HLTHILTON WORLDWIDE HLDGS INC63,773$14.5Mshares
AMZNAMAZON COM INC42,855$8.15Mshares
HWMHOWMET AEROSPACE INC24,108$3.13Mshares

How Q2 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001085146-25-005183 base2025-08-14acceptance time not in the bulk data set