$2.2 Billion is the total value of Ruffer LLP's 78 reported holdings in Q1 2020. The portfolio turnover from Q4 2019 to Q1 2020 was 25.9% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| DIS | Sell | DISNEY WALT CO | $233,062,000 | -49.6% | 2,411,327 | -24.5% | 10.60% | -21.4% |
| CI | Buy | CIGNA CORP NEW | $200,178,000 | +22.4% | 1,131,057 | +41.5% | 9.10% | +90.8% |
| EHTH | Buy | EHEALTH INC | $189,177,000 | +99.7% | 1,347,694 | +36.7% | 8.60% | +211.3% |
| KGC | Buy | KINROSS GOLD CORP | $169,931,000 | -14.6% | 42,616,178 | +1.7% | 7.73% | +33.1% |
| CNC | Buy | CENTENE CORP DEL | $155,556,000 | -2.6% | 2,619,271 | +3.1% | 7.07% | +51.8% |
| NEM | Buy | NEWMONT GOLDCORP CORPORATION | $137,462,000 | +50.8% | 3,041,602 | +45.1% | 6.25% | +135.1% |
| WPM | Buy | WHEATON PRECIOUS METALS CORP | $126,966,000 | +0.9% | 4,613,589 | +9.2% | 5.77% | +57.3% |
| XOM | Sell | EXXON MOBIL CORP | $100,648,000 | -49.4% | 2,652,161 | -7.0% | 4.58% | -21.2% |
| AU | Buy | ANGLOGOLD ASHANTI LTDspons adr | $73,179,000 | +3.4% | 4,399,156 | +38.9% | 3.33% | +61.2% |
| GFI | Buy | GOLD FIELDS LTD NEWspons adr | $65,167,000 | +27.0% | 13,704,890 | +76.4% | 2.96% | +97.9% |
| FL | Sell | FOOT LOCKER INC | $61,074,000 | -43.5% | 2,767,315 | -0.1% | 2.78% | -11.9% |
| SYF | Buy | SYNCHRONY FINL | $59,687,000 | +21.9% | 3,708,452 | +172.9% | 2.71% | +90.1% |
| IAG | Buy | IAMGOLD CORP | $57,782,000 | -28.9% | 25,403,502 | +17.1% | 2.63% | +10.8% |
| FCX | Sell | FREEPORT-MCMORAN INCcl b | $55,077,000 | -74.9% | 8,165,564 | -51.2% | 2.50% | -60.9% |
| NOV | Sell | NATIONAL OILWELL VARCO INC | $49,600,000 | -72.1% | 5,050,941 | -28.8% | 2.26% | -56.5% |
| BMY | Sell | BRISTOL MYERS SQUIBB CO | $40,718,000 | -87.9% | 730,902 | -86.1% | 1.85% | -81.2% |
| GM | Sell | GENERAL MTRS CO | $38,031,000 | -65.8% | 1,829,758 | -39.7% | 1.73% | -46.7% |
| ATVI | Sell | ACTIVISION BLIZZARD INC | $34,709,000 | -61.7% | 583,348 | -61.7% | 1.58% | -40.3% |
| DRD | Sell | DRDGOLD LIMITEDspon adr repstg | $25,669,000 | -3.3% | 4,735,966 | -8.3% | 1.17% | +50.8% |
| CHKP | Sell | CHECK POINT SOFTWARE TECH LTord | $25,393,000 | -26.1% | 252,342 | -18.5% | 1.16% | +15.2% |
| BFYT | New | BENEFYTT TECHNOLOGIES INC | $24,554,000 | – | 1,099,700 | +100.0% | 1.12% | – |
| EQX | New | EQUINOX GOLD CORP | $23,178,000 | – | 3,491,915 | +100.0% | 1.05% | – |
| AKG | Buy | ASANKO GOLD INC | $21,599,000 | +5.6% | 26,791,260 | +22.8% | 0.98% | +64.8% |
| JPM | Buy | JPMORGAN CHASE & CO | $20,943,000 | +2206.5% | 232,378 | +3469.0% | 0.95% | +3561.5% |
| DD | Buy | DUPONT DE NEMOURS INC | $19,869,000 | -25.2% | 582,582 | +40.9% | 0.90% | +16.7% |
| FB | New | FACEBOOK INCcl a | $19,797,000 | – | 118,696 | +100.0% | 0.90% | – |
| AUY | Buy | YAMANA GOLD INC | $19,695,000 | +21783.3% | 7,150,863 | +31314.4% | 0.90% | +29733.3% |
| BMYRT | Buy | BRISTOL MYERS SQUIBB COright 99/99/9999 | $19,215,000 | +70.7% | 5,030,801 | +37.5% | 0.87% | +166.5% |
| NXST | New | NEXSTAR MEDIA GROUP INCcl a | $18,260,000 | – | 315,719 | +100.0% | 0.83% | – |
| FSM | Buy | FORTUNA SILVER MINES INC | $13,759,000 | +31.4% | 5,978,683 | +133.5% | 0.63% | +105.2% |
| LTHM | Sell | LIVENT CORP | $13,101,000 | -59.8% | 2,497,806 | -34.5% | 0.60% | -37.3% |
| IMV | IMV INC | $11,546,000 | -41.5% | 6,801,225 | 0.0% | 0.52% | -8.9% | |
| BABA | Sell | ALIBABA GROUP HLDG LTDsponsored ads | $11,272,000 | -24.1% | 58,000 | -17.1% | 0.51% | +18.2% |
| MTB | Buy | M & T BK CORP | $8,155,000 | -37.0% | 78,885 | +3.6% | 0.37% | -1.6% |
| HMY | HARMONY GOLD MNG LTDsponsored adr | $5,937,000 | -40.0% | 2,729,785 | 0.0% | 0.27% | -6.6% | |
| CCU | New | COMPANIA CERVECERIAS UNIDASsponsored adr | $4,695,000 | – | 350,000 | +100.0% | 0.21% | – |
| AEM | New | AGNICO EAGLE MINES LTD | $3,979,000 | – | 100,000 | +100.0% | 0.18% | – |
| APTV | Sell | APTIV PLC | $3,408,000 | -65.3% | 69,278 | -33.1% | 0.16% | -46.0% |
| ALO | ALIO GOLD INC | $2,787,000 | -35.9% | 5,526,793 | 0.0% | 0.13% | 0.0% | |
| CX | Sell | CEMEX SAB DE CVspon adr new | $2,762,000 | -82.8% | 1,300,000 | -69.3% | 0.13% | -73.1% |
| JEF | Sell | JEFFERIES FINL GROUP INC | $2,230,000 | -91.4% | 163,062 | -86.5% | 0.10% | -86.6% |
| USAS | Buy | AMERICAS GOLD AND SILVER COR | $2,232,000 | -45.9% | 1,449,493 | +11.5% | 0.10% | -15.8% |
| MSFT | Sell | MICROSOFT CORP | $2,089,000 | -60.3% | 13,252 | -60.3% | 0.10% | -37.9% |
| GPL | GREAT PANTHER MINING LIMITED | $1,828,000 | -41.6% | 6,106,676 | 0.0% | 0.08% | -8.8% | |
| PM | Buy | PHILIP MORRIS INTL INC | $1,787,000 | -4.5% | 24,500 | +11.4% | 0.08% | +47.3% |
| WFC | New | WELLS FARGO CO NEW | $1,764,000 | – | 61,500 | +100.0% | 0.08% | – |
| DOW | Sell | DOW INC | $1,641,000 | -97.7% | 56,126 | -95.7% | 0.08% | -96.4% |
| HUM | Sell | HUMANA INC | $1,571,000 | -98.5% | 5,002 | -98.2% | 0.07% | -97.6% |
| USB | Buy | US BANCORP DEL | $1,413,000 | +40.0% | 41,000 | +141.2% | 0.06% | +120.7% |
| BB | Sell | BLACKBERRY LTD | $1,377,000 | -42.9% | 335,000 | -10.7% | 0.06% | -10.0% |
| GOOGL | Sell | ALPHABET INCcap stk cl a | $1,330,000 | -16.3% | 1,145 | -3.5% | 0.06% | +30.4% |
| MHK | Buy | MOHAWK INDS INC | $1,128,000 | -31.1% | 14,800 | +23.3% | 0.05% | +6.2% |
| BTG | New | B2GOLD CORP | $1,075,000 | – | 353,600 | +100.0% | 0.05% | – |
| WBA | Buy | WALGREENS BOOTS ALLIANCE INC | $1,052,000 | +154.7% | 23,000 | +228.6% | 0.05% | +300.0% |
| GE | Sell | GENERAL ELECTRIC CO | $914,000 | -32.2% | 115,310 | -4.5% | 0.04% | +7.7% |
| DLPH | Sell | DELPHI TECHNOLOGIES PLC | $855,000 | -89.8% | 106,270 | -83.6% | 0.04% | -84.0% |
| BKNG | New | BOOKING HLDGS INC | $815,000 | – | 606 | +100.0% | 0.04% | – |
| DB | DEUTSCHE BANK AGnamen akt | $684,000 | -17.4% | 106,500 | 0.0% | 0.03% | +29.2% | |
| GLD | Buy | SPDR GOLD TRUST | $650,000 | +34.3% | 4,390 | +29.8% | 0.03% | +114.3% |
| GDX | Sell | VANECK VECTORS ETF TRUSTgold miners etf | $630,000 | -24.4% | 27,302 | -3.9% | 0.03% | +20.8% |
| CKH | SEACOR HOLDINGS INC | $616,000 | -38.0% | 23,000 | 0.0% | 0.03% | -3.4% | |
| AAPL | Sell | APPLE INC | $518,000 | -85.5% | 2,036 | -83.2% | 0.02% | -76.9% |
| SB | SAFE BULKERS INC | $403,000 | -32.8% | 351,668 | 0.0% | 0.02% | 0.0% | |
| GASS | STEALTHGAS INC | $397,000 | -42.2% | 200,000 | 0.0% | 0.02% | -10.0% | |
| ACA | Sell | ARCOSA INC | $316,000 | -45.4% | 8,000 | -38.5% | 0.01% | -17.6% |
| TORC | RESTORBIO INC | $313,000 | -29.8% | 300,000 | 0.0% | 0.01% | +7.7% | |
| PSHG | Buy | PERFORMANCE SHIPPING INC | $316,000 | -5.7% | 550,000 | +37.9% | 0.01% | +40.0% |
| MMC | MARSH & MCLENNAN COS INC | $294,000 | -22.4% | 3,400 | 0.0% | 0.01% | +18.2% | |
| WMT | WALMART INC | $264,000 | -4.7% | 2,328 | 0.0% | 0.01% | +50.0% | |
| CSCO | Sell | CISCO SYS INC | $258,000 | -39.6% | 6,557 | -26.3% | 0.01% | 0.0% |
| DSX | Buy | DIANA SHIPPING INC | $249,000 | -33.2% | 170,000 | +41.7% | 0.01% | 0.0% |
| GDXJ | Sell | VANECK VECTORS ETF TRUSTjr gold miners e | $247,000 | -37.9% | 8,784 | -6.6% | 0.01% | -8.3% |
| PLG | PLATINUM GROUP METALS LTD | $180,000 | -23.7% | 138,421 | 0.0% | 0.01% | +14.3% | |
| TS | Sell | TENARIS S Asponsored adr | $164,000 | -93.8% | 13,566 | -88.4% | 0.01% | -91.0% |
| VALPQ | Sell | VALARIS PLC | $80,000 | -99.9% | 176,868 | -98.2% | 0.00% | -99.8% |
| MAT | MATTEL INC | $88,000 | -35.3% | 10,000 | 0.0% | 0.00% | 0.0% | |
| APY | Sell | APERGY CORP | $80,000 | -96.5% | 13,863 | -79.5% | 0.00% | -94.0% |
| GOLD | Buy | BARRICK GOLD CORPORATION | $20,000 | -100.0% | 3,027,208 | +18.1% | 0.00% | -99.9% |
| RDSB | Exit | ROYAL DUTCH SHELL PLCspon adr b | $0 | – | -4,100 | -100.0% | -0.01% | – |
| ACGL | Exit | ARCH CAP GROUP LTDord | $0 | – | -6,000 | -100.0% | -0.01% | – |
| CRTO | Exit | CRITEO S Aspons ads | $0 | – | -18,000 | -100.0% | -0.01% | – |
| NTG | Exit | TORTOISE MIDSTRM ENERGY FD I | $0 | – | -34,658 | -100.0% | -0.01% | – |
| FRGI | Exit | FIESTA RESTAURANT GROUP INC | $0 | – | -60,000 | -100.0% | -0.02% | – |
| AAL | Exit | AMERICAN AIRLS GROUP INC | $0 | – | -21,500 | -100.0% | -0.02% | – |
| FBHS | Exit | FORTUNE BRANDS HOME & SEC IN | $0 | – | -15,000 | -100.0% | -0.03% | – |
| DAL | Exit | DELTA AIR LINES INC DEL | $0 | – | -20,000 | -100.0% | -0.03% | – |
| IGT | Exit | INTERNATIONAL GAME TECHNOLOG | $0 | – | -80,000 | -100.0% | -0.04% | – |
| NXPI | Exit | NXP SEMICONDUCTORS N V | $0 | – | -12,662 | -100.0% | -0.05% | – |
| AMGN | Exit | AMGEN INC | $0 | – | -11,561 | -100.0% | -0.08% | – |
| MCK | Exit | MCKESSON CORP | $0 | – | -113,641 | -100.0% | -0.46% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2020-05-07
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.