$1.71 Billion is the total value of Ruffer LLP's 70 reported holdings in Q2 2023. The portfolio turnover from Q1 2023 to Q2 2023 was 26.4% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ABEV | Sell | AMBEV SAsponsored adr | $142,640,477 | -17.6% | 44,930,005 | -27.0% | 8.35% | +39.3% |
| RYAAY | Sell | RYANAIR HOLDINGS PLCsponsored ads | $132,320,974 | -2.4% | 1,196,077 | -16.8% | 7.75% | +65.0% |
| TSM | Sell | TAIWAN SEMICONDUCTOR MFG LTDsponsored ads | $127,454,288 | -41.6% | 1,263,241 | -46.2% | 7.46% | -1.4% |
| CI | Buy | THE CIGNA GROUP | $106,820,708 | +45.1% | 373,920 | +29.7% | 6.25% | +145.3% |
| AMZN | Sell | AMAZON COM INC | $102,874,025 | +2.6% | 789,580 | -18.7% | 6.02% | +73.4% |
| KGC | Sell | KINROSS GOLD CORP | $101,956,426 | -39.3% | 21,396,871 | -40.0% | 5.97% | +2.6% |
| NEM | Sell | NEWMONT CORP | $84,493,103 | -37.1% | 1,980,849 | -27.8% | 4.95% | +6.2% |
| BABA | Sell | ALIBABA GROUP HLDG LTDsponsored ads | $67,695,566 | -54.0% | 812,140 | -43.7% | 3.96% | -22.3% |
| COTY | Sell | COTY INC | $65,582,709 | -12.2% | 5,338,556 | -13.8% | 3.84% | +48.4% |
| GOLD | Sell | BARRICK GOLD CORP | $61,799,746 | -54.0% | 3,651,390 | -49.6% | 3.62% | -22.3% |
| Buy | JACKSON FINANCIAL INC | $59,370,550 | +7.6% | 1,939,914 | +31.4% | 3.48% | +81.8% | |
| FB | Sell | META PLATFORMS INCcl a | $53,322,991 | +10.7% | 185,870 | -18.2% | 3.12% | +87.1% |
| CGAU | Buy | CENTERRA GOLD INC | $43,260,622 | +2.7% | 7,215,750 | +10.7% | 2.53% | +73.6% |
| PFE | Buy | PFIZER INC | $43,021,250 | -1.6% | 1,173,049 | +9.5% | 2.52% | +66.4% |
| PXD | Sell | PIONEER NAT RES CO | $41,903,040 | -59.1% | 202,328 | -59.6% | 2.45% | -30.8% |
| GM | Sell | GENERAL MTRS CO | $35,771,907 | -19.8% | 927,822 | -23.7% | 2.09% | +35.5% |
| Sell | GENERAL ELECTRIC CO | $35,582,157 | -1.8% | 323,902 | -14.5% | 2.08% | +66.0% | |
| GDDY | Sell | GODADDY INCcl a | $29,659,129 | -5.5% | 394,746 | -2.3% | 1.74% | +59.7% |
| XOM | Sell | EXXON MOBIL CORP | $28,839,055 | -24.5% | 268,962 | -22.8% | 1.69% | +27.7% |
| AEM | Sell | AGNICO EAGLE MINES LTD | $28,740,617 | -76.7% | 575,215 | -76.2% | 1.68% | -60.6% |
| AU | Sell | ANGLOGOLD ASHANTI LIMITEDspons adr | $25,728,707 | -51.6% | 1,219,659 | -44.5% | 1.51% | -18.2% |
| PNC | Sell | PNC FINL SVCS GROUP INC | $20,130,652 | -32.6% | 159,870 | -31.9% | 1.18% | +14.0% |
| BRKB | Sell | BERKSHIRE HATHAWAY INC DELcl b new | $19,044,923 | -14.1% | 55,856 | -22.3% | 1.12% | +45.2% |
| PAAS | Buy | PAN AMERN SILVER CORP | $17,579,184 | +378.7% | 1,205,292 | +502.6% | 1.03% | +710.2% |
| LTHM | Sell | LIVENT CORP | $17,424,949 | -8.0% | 635,020 | -27.2% | 1.02% | +55.5% |
| BAC | New | BANK AMERICA CORP | $17,403,048 | – | 606,490 | +100.0% | 1.02% | – |
| SU | Sell | SUNCOR ENERGY INC NEW | $17,314,216 | -30.7% | 590,500 | -26.5% | 1.01% | +17.2% |
| GAU | GALIANO GOLD INC | $15,834,608 | +3.3% | 26,378,459 | 0.0% | 0.93% | +74.6% | |
| Sell | NOBLE CORP PLC | $13,538,827 | -46.1% | 327,700 | -48.6% | 0.79% | -9.0% | |
| BTG | B2GOLD CORP | $12,469,215 | -9.6% | 3,497,676 | 0.0% | 0.73% | +52.7% | |
| GRFS | New | GRIFOLS S Asp adr rep b nvt | $10,908,422 | – | 1,192,250 | +100.0% | 0.64% | – |
| MTB | Sell | M & T BK CORP | $10,634,139 | -63.0% | 85,950 | -64.2% | 0.62% | -37.4% |
| WPM | Sell | WHEATON PRECIOUS METALS CORP | $10,595,797 | -11.4% | 245,116 | -1.3% | 0.62% | +49.8% |
| AA | Sell | ALCOA CORP | $10,484,318 | -87.7% | 309,044 | -84.5% | 0.61% | -79.1% |
| NOV | Sell | NOV INC | $10,486,878 | -78.1% | 653,630 | -74.7% | 0.61% | -63.0% |
| SSRM | Buy | SSR MINING IN | $8,954,409 | +23.6% | 631,259 | +31.7% | 0.52% | +108.8% |
| Buy | SKEENA RES LTD NEW | $8,595,986 | +14.9% | 1,782,970 | +46.1% | 0.50% | +94.2% | |
| FHI | Sell | FEDERATED HERMES INCcl b | $8,425,925 | -60.8% | 235,000 | -56.1% | 0.49% | -33.7% |
| SYF | Sell | SYNCHRONY FINANCIAL | $7,556,937 | -11.1% | 290,943 | -0.4% | 0.44% | +50.3% |
| FSM | FORTUNA SILVER MINES INC | $6,879,833 | -14.4% | 2,118,940 | 0.0% | 0.40% | +45.0% | |
| TECK | Buy | TECK RESOURCES LTDcl b | $5,450,040 | +1263.0% | 129,470 | +1082.2% | 0.32% | +2178.6% |
| TS | Sell | TENARIS S Asponsored adr | $4,324,058 | -22.1% | 144,400 | -26.1% | 0.25% | +31.8% |
| PM | Buy | PHILIP MORRIS INTL INC | $4,099,830 | +50.6% | 42,000 | +50.0% | 0.24% | +155.3% |
| CVX | CHEVRON CORP NEW | $3,460,930 | -3.6% | 22,000 | 0.0% | 0.20% | +63.7% | |
| FMX | FOMENTO ECONOMICO MEXICANO Sspon adr units | $2,991,465 | +16.4% | 27,000 | 0.0% | 0.18% | +96.6% | |
| DD | DUPONT DE NEMOURS INC | $2,856,200 | -0.5% | 40,000 | 0.0% | 0.17% | +68.7% | |
| GLDG | GOLDMINING INC | $2,103,201 | -25.2% | 2,301,996 | 0.0% | 0.12% | +26.8% | |
| JPM | Sell | JPMORGAN CHASE & CO | $2,045,567 | +11.1% | 14,070 | -0.5% | 0.12% | +87.5% |
| MKL | MARKEL GROUP INC | $1,798,141 | +8.1% | 1,300 | 0.0% | 0.10% | +81.0% | |
| ARCO | ARCOS DORADOS HOLDINGS INC | $1,560,216 | +32.9% | 152,142 | 0.0% | 0.09% | +122.0% | |
| MLM | MARTIN MARIETTA MATLS INC | $1,383,855 | +30.0% | 3,000 | 0.0% | 0.08% | +118.9% | |
| ERIC | ERICSSONadr b sek 10 | $1,361,250 | -6.8% | 250,000 | 0.0% | 0.08% | +56.9% | |
| BP | Sell | BP PLCsponsored adr | $1,094,145 | -97.4% | 31,000 | -97.2% | 0.06% | -95.7% |
| ITRG | Sell | INTEGRA RES CORP | $1,058,716 | -23.6% | 953,831 | -60.0% | 0.06% | +29.2% |
| DNOW | Sell | NOW INC | $1,035,500 | -28.5% | 100,000 | -23.1% | 0.06% | +22.0% |
| BUD | Buy | ANHEUSER BUSCH INBEV SA/NVsponsored adr | $964,325 | +106.4% | 17,000 | +142.9% | 0.06% | +250.0% |
| JAZZ | JAZZ PHARMACEUTICALS PLC | $954,740 | -15.2% | 7,702 | 0.0% | 0.06% | +43.6% | |
| WFC | WELLS FARGO CO NEW | $938,850 | +14.3% | 22,000 | 0.0% | 0.06% | +96.4% | |
| DOW | DOW INC | $850,589 | -2.8% | 15,972 | 0.0% | 0.05% | +66.7% | |
| LUV | Sell | SOUTHWEST AIRLS CO | $724,100 | -36.4% | 20,000 | -42.9% | 0.04% | +7.7% |
| GORO | GOLD RESOURCE CORP | $544,343 | -40.8% | 870,879 | 0.0% | 0.03% | 0.0% | |
| SB | SAFE BULKERS INC | $522,400 | -11.4% | 160,000 | 0.0% | 0.03% | +55.0% | |
| GLD | Sell | SPDR GOLD TR | $483,179 | -45.6% | 2,710 | -44.1% | 0.03% | -9.7% |
| DRQ | Sell | DRIL-QUIP INC | $465,800 | -53.6% | 20,000 | -42.9% | 0.03% | -22.9% |
| USAS | AMERICAS GOLD AND SILVER COR | $424,680 | -26.9% | 1,199,493 | 0.0% | 0.02% | +25.0% | |
| DB | DEUTSCHE BANK A Gnamen akt | $377,074 | +3.5% | 35,850 | 0.0% | 0.02% | +69.2% | |
| USB | Sell | US BANCORP DEL | $297,225 | -56.6% | 9,000 | -52.6% | 0.02% | -29.2% |
| SBLK | New | STAR BULK CARRIERS CORP. | $273,193 | – | 15,439 | +100.0% | 0.02% | – |
| CHK | Sell | CHESAPEAKE ENERGY CORP | $232,812 | -97.7% | 2,782 | -97.9% | 0.01% | -96.0% |
| BUR | Sell | BURFORD CAP LTD | $243,377 | -34.6% | 20,000 | -50.0% | 0.01% | +7.7% |
| BRFS | Exit | BRF SAsponsored adr | $0 | – | -37,510 | -100.0% | -0.00% | – |
| Exit | IMV INC | $0 | – | -321,952 | -100.0% | -0.01% | – | |
| BMY | Exit | BRISTOL-MYERS SQUIBB CO | $0 | – | -4,504 | -100.0% | -0.01% | – |
| FCX | Exit | FREEPORT-MCMORAN INCcl b | $0 | – | -24,977 | -100.0% | -0.04% | – |
| VIV | Exit | TELEFONICA BRASIL SAnew adr | $0 | – | -150,000 | -100.0% | -0.04% | – |
| TIMB | Exit | TIM S Asponsored adr | $0 | – | -100,000 | -100.0% | -0.04% | – |
| IAG | Exit | IAMGOLD CORP | $0 | – | -659,000 | -100.0% | -0.06% | – |
| DRD | Exit | DRDGOLD LIMITEDspon adr repstg | $0 | – | -356,194 | -100.0% | -0.12% | – |
| AXP | Exit | AMERICAN EXPRESS CO | $0 | – | -34,311 | -100.0% | -0.20% | – |
| HTZZ | Exit | HERTZ GLOBAL HLDGS INC | $0 | – | -350,000 | -100.0% | -0.20% | – |
| ATVI | Exit | ACTIVISION BLIZZARD INC | $0 | – | -80,265 | -100.0% | -0.24% | – |
| GFI | Exit | GOLD FIELDS LTDspons adr | $0 | – | -1,869,276 | -100.0% | -0.86% | – |
| SCHW | Exit | SCHWAB CHARLES CORP | $0 | – | -476,256 | -100.0% | -0.86% | – |
| TGNA | Exit | TEGNA INC | $0 | – | -1,494,794 | -100.0% | -0.88% | – |
| Exit | COHERENT CORP | $0 | – | -833,051 | -100.0% | -1.10% | – | |
| COP | Exit | CONOCOPHILLIPS | $0 | – | -516,652 | -100.0% | -1.78% | – |
| Exit | SHELL PLCspon ads | $0 | – | -922,600 | -100.0% | -1.84% | – | |
| EOG | Exit | EOG RES INC | $0 | – | -469,113 | -100.0% | -1.86% | – |
| NTR | Exit | NUTRIEN LTD | $0 | – | -962,913 | -100.0% | -2.46% | – |
| MOS | Exit | MOSAIC CO NEW | $0 | – | -1,578,354 | -100.0% | -2.51% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2023-08-10
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.