$1.8 Billion is the total value of Ruffer LLP's 66 reported holdings in Q3 2023. The portfolio turnover from Q2 2023 to Q3 2023 was 22.9% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| RYAAY | Buy | RYANAIR HOLDINGS PLCsponsored ads | $129,464,294 | -2.2% | 1,318,168 | +10.2% | 7.17% | -7.4% |
| ABEV | Buy | AMBEV SAsponsored adr | $117,441,727 | -17.7% | 45,818,515 | +2.0% | 6.51% | -22.1% |
| BABA | Buy | ALIBABA GROUP HLDG LTDsponsored ads | $112,250,421 | +65.8% | 1,312,820 | +61.6% | 6.22% | +57.0% |
| TSM | Sell | TAIWAN SEMICONDUCTOR MFG LTDsponsored ads | $107,807,940 | -15.4% | 1,248,042 | -1.2% | 5.97% | -19.9% |
| CI | Sell | THE CIGNA GROUP | $105,725,361 | -1.0% | 364,471 | -2.5% | 5.86% | -6.3% |
| AMZN | Buy | AMAZON COM INC | $102,959,308 | +0.1% | 817,694 | +3.6% | 5.70% | -5.3% |
| KGC | Sell | KINROSS GOLD CORP | $87,672,657 | -14.0% | 19,091,237 | -10.8% | 4.86% | -18.6% |
| NEM | Buy | NEWMONT CORP | $77,846,606 | -7.9% | 2,103,232 | +6.2% | 4.31% | -12.8% |
| COTY | Buy | COTY INC | $66,276,186 | +1.1% | 5,950,409 | +11.5% | 3.67% | -4.3% |
| New | KENVUE INC | $58,773,970 | – | 2,923,675 | +100.0% | 3.26% | – | |
| Sell | JACKSON FINANCIAL INC | $53,349,877 | -10.1% | 1,398,354 | -27.9% | 2.96% | -15.0% | |
| PFE | Buy | PFIZER INC | $53,300,249 | +23.9% | 1,662,226 | +41.7% | 2.95% | +17.2% |
| PXD | Sell | PIONEER NAT RES CO | $47,184,250 | +12.6% | 201,733 | -0.3% | 2.62% | +6.6% |
| GOLD | Sell | BARRICK GOLD CORP | $46,880,716 | -24.1% | 3,220,652 | -11.8% | 2.60% | -28.2% |
| CGAU | Buy | CENTERRA GOLD INC | $42,371,132 | -2.1% | 8,547,150 | +18.5% | 2.35% | -7.3% |
| XOM | Buy | EXXON MOBIL CORP | $39,311,906 | +36.3% | 329,319 | +22.4% | 2.18% | +29.0% |
| Sell | GENERAL ELECTRIC CO | $36,206,500 | +1.8% | 322,502 | -0.4% | 2.01% | -3.7% | |
| C | New | CITIGROUP INC | $34,987,932 | – | 849,838 | +100.0% | 1.94% | – |
| EWBC | New | EAST WEST BANCORP INC | $33,675,361 | – | 643,050 | +100.0% | 1.87% | – |
| AEM | Buy | AGNICO EAGLE MINES LTD | $33,459,658 | +16.4% | 734,284 | +27.7% | 1.85% | +10.2% |
| FB | Sell | META PLATFORMS INCcl a | $32,955,464 | -38.2% | 108,480 | -41.6% | 1.83% | -41.5% |
| GM | Buy | GENERAL MTRS CO | $30,919,829 | -13.6% | 932,869 | +0.5% | 1.71% | -18.2% |
| GDDY | Sell | GODADDY INCcl a | $29,018,798 | -2.2% | 393,046 | -0.4% | 1.61% | -7.4% |
| BAC | Buy | BANK AMERICA CORP | $27,289,392 | +56.8% | 990,960 | +63.4% | 1.51% | +48.4% |
| SU | Buy | SUNCOR ENERGY INC NEW | $26,804,717 | +54.8% | 761,000 | +28.9% | 1.48% | +46.4% |
| AU | Buy | ANGLOGOLD ASHANTI LIMITEDspons adr | $24,342,084 | -5.4% | 1,490,159 | +22.2% | 1.35% | -10.4% |
| PNC | Sell | PNC FINL SVCS GROUP INC | $19,533,548 | -3.0% | 159,170 | -0.4% | 1.08% | -8.2% |
| BRKB | Sell | BERKSHIRE HATHAWAY INC DELcl b new | $19,389,063 | +1.8% | 54,336 | -2.7% | 1.07% | -3.7% |
| PAAS | Sell | PAN AMERN SILVER CORP | $15,930,302 | -9.4% | 1,108,858 | -8.0% | 0.88% | -14.2% |
| GAU | GALIANO GOLD INC | $15,942,424 | +0.7% | 26,378,459 | 0.0% | 0.88% | -4.7% | |
| Sell | NOBLE CORP PLC | $15,810,598 | +16.8% | 307,875 | -6.0% | 0.88% | +10.5% | |
| MTB | Buy | M & T BK CORP | $15,490,218 | +45.7% | 122,550 | +42.6% | 0.86% | +37.7% |
| NOV | Sell | NOV INC | $13,679,838 | +30.4% | 644,930 | -1.3% | 0.76% | +23.5% |
| New | ARIS MNG CORP | $11,641,406 | – | 5,155,500 | +100.0% | 0.64% | – | |
| LTHM | LIVENT CORP | $11,483,815 | -34.1% | 635,020 | 0.0% | 0.64% | -37.6% | |
| GRFS | Sell | GRIFOLS S Asp adr rep b nvt | $10,961,056 | +0.5% | 1,187,650 | -0.4% | 0.61% | -5.0% |
| BTG | B2GOLD CORP | $10,049,805 | -19.4% | 3,497,676 | 0.0% | 0.56% | -23.7% | |
| FSM | Buy | FORTUNA SILVER MINES INC | $9,206,151 | +33.8% | 3,368,940 | +59.0% | 0.51% | +26.6% |
| WPM | Sell | WHEATON PRECIOUS METALS CORP | $9,116,596 | -14.0% | 225,424 | -8.0% | 0.50% | -18.5% |
| AA | Sell | ALCOA CORP | $8,665,825 | -17.3% | 308,193 | -0.3% | 0.48% | -21.8% |
| SKEENA RES LTD NEW | $8,389,247 | -2.4% | 1,782,970 | 0.0% | 0.46% | -7.6% | ||
| SSRM | SSR MINING IN | $8,381,261 | -6.4% | 631,259 | 0.0% | 0.46% | -11.5% | |
| TECK | Sell | TECK RESOURCES LTDcl b | $5,254,724 | -3.6% | 123,700 | -4.5% | 0.29% | -8.8% |
| PM | PHILIP MORRIS INTL INC | $3,905,973 | -4.7% | 42,000 | 0.0% | 0.22% | -10.0% | |
| CVX | CHEVRON CORP NEW | $3,750,956 | +8.4% | 22,000 | 0.0% | 0.21% | +2.5% | |
| GFI | New | GOLD FIELDS LTDsponsored adr | $3,266,545 | – | 300,000 | +100.0% | 0.18% | – |
| DD | DUPONT DE NEMOURS INC | $2,980,017 | +4.3% | 40,000 | 0.0% | 0.16% | -1.2% | |
| FMX | FOMENTO ECONOMICO MEXICANO Sspon adr units | $2,911,963 | -2.7% | 27,000 | 0.0% | 0.16% | -8.0% | |
| JPM | Buy | JPMORGAN CHASE & CO | $2,336,938 | +14.2% | 15,844 | +12.6% | 0.13% | +7.5% |
| TS | Sell | TENARIS S Asponsored adr | $2,132,201 | -50.7% | 66,536 | -53.9% | 0.12% | -53.4% |
| MKL | MARKEL GROUP INC | $1,960,533 | +9.0% | 1,300 | 0.0% | 0.11% | +3.8% | |
| GLDG | GOLDMINING INC | $1,835,103 | -12.7% | 2,301,996 | 0.0% | 0.10% | -17.1% | |
| ARCO | ARCOS DORADOS HOLDINGS INC | $1,431,560 | -8.2% | 152,142 | 0.0% | 0.08% | -13.2% | |
| MLM | MARTIN MARIETTA MATLS INC | $1,243,056 | -10.2% | 3,000 | 0.0% | 0.07% | -14.8% | |
| BP | BP PLCsponsored adr | $1,221,444 | +11.6% | 31,000 | 0.0% | 0.07% | +6.2% | |
| DNOW | NOW INC | $1,228,765 | +18.7% | 100,000 | 0.0% | 0.07% | +11.5% | |
| FHI | Sell | FEDERATED HERMES INCcl b | $1,197,508 | -85.8% | 35,000 | -85.1% | 0.07% | -86.6% |
| JAZZ | JAZZ PHARMACEUTICALS PLC | $1,009,128 | +5.7% | 7,702 | 0.0% | 0.06% | 0.0% | |
| BUD | ANHEUSER BUSCH INBEV SA/NVsponsored adr | $910,060 | -5.6% | 17,000 | 0.0% | 0.05% | -10.7% | |
| WFC | WELLS FARGO CO NEW | $899,592 | -4.2% | 22,000 | 0.0% | 0.05% | -9.1% | |
| DOW | DOW INC | $812,888 | -4.4% | 15,972 | 0.0% | 0.04% | -10.0% | |
| New | INTEGRA RES CORP | $767,447 | – | 953,831 | +100.0% | 0.04% | – | |
| DRQ | DRIL-QUIP INC | $576,955 | +23.9% | 20,000 | 0.0% | 0.03% | +18.5% | |
| DB | DEUTSCHE BANK A Gnamen akt | $391,932 | +3.9% | 35,850 | 0.0% | 0.02% | 0.0% | |
| SB | Sell | SAFE BULKERS INC | $356,737 | -31.7% | 110,000 | -31.2% | 0.02% | -35.5% |
| SBLK | Buy | STAR BULK CARRIERS CORP. | $320,113 | +17.2% | 16,713 | +8.3% | 0.02% | +12.5% |
| CHK | Exit | CHESAPEAKE ENERGY CORP | $0 | – | -2,782 | -100.0% | -0.01% | – |
| BUR | Exit | BURFORD CAP LTD | $0 | – | -20,000 | -100.0% | -0.01% | – |
| USB | Exit | US BANCORP DEL | $0 | – | -9,000 | -100.0% | -0.02% | – |
| USAS | Exit | AMERICAS GOLD AND SILVER COR | $0 | – | -1,199,493 | -100.0% | -0.02% | – |
| GLD | Exit | SPDR GOLD TR | $0 | – | -2,710 | -100.0% | -0.03% | – |
| GORO | Exit | GOLD RESOURCE CORP | $0 | – | -870,879 | -100.0% | -0.03% | – |
| LUV | Exit | SOUTHWEST AIRLS CO | $0 | – | -20,000 | -100.0% | -0.04% | – |
| ITRG | Exit | INTEGRA RES CORP | $0 | – | -953,831 | -100.0% | -0.06% | – |
| ERIC | Exit | ERICSSONadr b sek 10 | $0 | – | -250,000 | -100.0% | -0.08% | – |
| SYF | Exit | SYNCHRONY FINANCIAL | $0 | – | -290,943 | -100.0% | -0.44% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2023-11-13
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| KINROSS GOLD CORP | 42 | Q3 2023 | 11.8% |
| EXXON MOBIL CORP | 42 | Q3 2023 | 15.0% |
| JPMORGAN CHASE & CO | 42 | Q3 2023 | 9.7% |
| NEWMONT MNG CORP | 41 | Q3 2023 | 6.2% |
| GOLD FIELDS LTD NEW | 41 | Q3 2023 | 4.7% |
| US BANCORP DEL | 41 | Q2 2023 | 5.1% |
| BARRICK GOLD CORPORATION | 40 | Q3 2023 | 6.8% |
| MICROSOFT CORP | 39 | Q4 2022 | 11.9% |
| MARSH & MCLENNAN COS INC | 39 | Q4 2022 | 0.0% |
| APPLE INC | 38 | Q4 2022 | 6.3% |
View Ruffer LLP's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| eHealth, Inc. | February 02, 2023 | 520 | 0.0% |
| DRDGOLD LTD | February 11, 2021 | 7,787,410 | 0.9% |
| CLEVELAND-CLIFFS INC. | January 29, 2020 | 1,128 | 0.0% |
| KINROSS GOLD CORP | January 29, 2020 | 41,890,286 | 3.3% |
| Pershing Gold Corp. | February 07, 2019 | 1,960,329 | 5.8% |
| ATMEL CORP | February 09, 2016 | 12,292,463 | 2.9% |
| Ruffer LLP | February 15, 2008 | 1,210,707 | 14.9% |
View Ruffer LLP's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR | 2024-02-12 |
| 13F-HR | 2023-11-13 |
| 13F-HR | 2023-08-10 |
| 13F-HR | 2023-05-11 |
| 13F-HR | 2023-02-10 |
| SC 13G | 2023-02-02 |
| 13F-HR | 2022-11-10 |
| 13F-HR | 2022-08-05 |
| 13F-HR | 2022-05-12 |
| 13F-HR | 2022-02-04 |
View Ruffer LLP's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.