# Lingohr Asset Management GmbH

> Institutional holdings reported to the SEC as of Q3 2025 on Form 13F. CIK 1527570. Source: https://holderbook.com/funds/1527570-lingohr-asset-management-gmbh/

- Reported value: $57.3M
- Positions: 94
- Weight of the ten largest: 28.3%
- Filed: 2025-11-04

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $2.4M | 4,687 | 4.2% | 11 |
| ANGLOGOLD ASHANTI PLC | [AU](https://holderbook.com/stocks/AU/) | $2.0M | 27,989 | 3.4% | 2 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.8M | 7,564 | 3.2% | 14 |
| TENCENT MUSIC ENTMT GROUP | [TME](https://holderbook.com/stocks/TME/) | $1.7M | 74,834 | 3.1% | 2 |
| INTERCORP FINL SVCS INC | [IFS](https://holderbook.com/stocks/IFS/) | $1.6M | 40,535 | 2.8% | 2 |
| ICICI BANK LIMITED | [IBN](https://holderbook.com/stocks/IBN/) | $1.5M | 48,000 | 2.5% | 1 |
| NU HLDGS LTD | [NU](https://holderbook.com/stocks/NU/) | $1.3M | 83,514 | 2.3% | 3 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.3M | 2,590 | 2.3% | 4 |
| TECHNIPFMC PLC | [FTI](https://holderbook.com/stocks/FTI/) | $1.3M | 32,295 | 2.2% | 3 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $1.3M | 8,898 | 2.2% | 13 |
| KT CORP | [KT](https://holderbook.com/stocks/KT/) | $1.2M | 60,521 | 2.1% | 4 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.2M | 1,580 | 2.0% | 6 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $1.2M | 494 | 2.0% | 1 |
| CAMECO CORP | [CCJ](https://holderbook.com/stocks/CCJ/) | $1.1M | 12,846 | 1.9% | 4 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $960.0K | 10,075 | 1.7% | 4 |
| EXELIXIS INC | [EXEL](https://holderbook.com/stocks/EXEL/) | $930.0K | 22,522 | 1.6% | 15 |
| UBS GROUP AG | [UBS](https://holderbook.com/stocks/UBS/) | $880.0K | 21,509 | 1.5% | 2 |
| AXIS CAP HLDGS LTD | [AXS](https://holderbook.com/stocks/AXS/) | $875.0K | 9,132 | 1.5% | 7 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $858.0K | 7,613 | 1.5% | 15 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $851.0K | 6,355 | 1.5% | 2 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $844.0K | 5,214 | 1.5% | 3 |
| ISHARES TR | [SMIN](https://holderbook.com/stocks/SMIN/) | $839.0K | 11,700 | 1.5% | 4 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $806.0K | 672 | 1.4% | 4 |
| NVENT ELEC PLC | [NVT](https://holderbook.com/stocks/NVT/) | $800.0K | 8,127 | 1.4% | 2 |
| FINVOLUTION GROUP | [FINV](https://holderbook.com/stocks/FINV/) | $779.0K | 105,690 | 1.4% | 2 |
| GEN DIGITAL INC | [GEN](https://holderbook.com/stocks/GEN/) | $760.0K | 26,770 | 1.3% | 4 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $748.0K | 6,737 | 1.3% | 2 |
| ENEL CHILE S.A. | [ENIC](https://holderbook.com/stocks/ENIC/) | $703.0K | 180,657 | 1.2% | 4 |
| NRG ENERGY INC | [NRG](https://holderbook.com/stocks/NRG/) | $701.0K | 4,340 | 1.2% | 4 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $686.0K | 8,185 | 1.2% | 4 |
| BIONTECH SE | [BNTX](https://holderbook.com/stocks/BNTX/) | $673.0K | 6,822 | 1.2% | 4 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $669.0K | 2,396 | 1.2% | 4 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $664.0K | 10,044 | 1.2% | 4 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $662.0K | 1,364 | 1.2% | 3 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $656.0K | 1,900 | 1.1% | 1 |
| ADT INC DEL | [ADT](https://holderbook.com/stocks/ADT/) | $644.0K | 73,940 | 1.1% | 1 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $644.0K | 2,800 | 1.1% | 4 |
| COMMVAULT SYS INC | [CVLT](https://holderbook.com/stocks/CVLT/) | $623.0K | 3,301 | 1.1% | 4 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $585.0K | 3,434 | 1.0% | 14 |
| KRAFT HEINZ CO | [KHC](https://holderbook.com/stocks/KHC/) | $564.0K | 21,652 | 1.0% | 1 |
| SPOTIFY TECHNOLOGY S A | [SPOT](https://holderbook.com/stocks/SPOT/) | $558.0K | 800 | 1.0% | 2 |
| FLEX LTD | [FLEX](https://holderbook.com/stocks/FLEX/) | $538.0K | 9,283 | 0.9% | 4 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $532.0K | 19,038 | 0.9% | 4 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $521.0K | 1,855 | 0.9% | 6 |
| EQT CORP | [EQT](https://holderbook.com/stocks/EQT/) | $519.0K | 9,541 | 0.9% | 2 |
| EMCOR GROUP INC | [EME](https://holderbook.com/stocks/EME/) | $506.0K | 779 | 0.9% | 2 |
| MUELLER INDS INC | [MLI](https://holderbook.com/stocks/MLI/) | $501.0K | 4,954 | 0.9% | 4 |
| NETAPP INC | [NTAP](https://holderbook.com/stocks/NTAP/) | $492.0K | 4,175 | 0.9% | 4 |
| FLUOR CORP | [FLR](https://holderbook.com/stocks/FLR/) | $449.0K | 10,669 | 0.8% | 2 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $449.0K | 730 | 0.8% | 6 |
| ENERSYS | [ENS](https://holderbook.com/stocks/ENS/) | $443.0K | 3,920 | 0.8% | 5 |
| SUNCOR ENERGY INC NEW | [SU](https://holderbook.com/stocks/SU/) | $425.0K | 10,170 | 0.7% | 4 |
| COGNIZANT TECHNOLOGY SOLUTIO | [CTSH](https://holderbook.com/stocks/CTSH/) | $424.0K | 6,329 | 0.7% | 3 |
| STEEL DYNAMICS INC | [STLD](https://holderbook.com/stocks/STLD/) | $407.0K | 2,919 | 0.7% | 28 |
| AMDOCS LTD | [DOX](https://holderbook.com/stocks/DOX/) | $395.0K | 4,813 | 0.7% | 17 |
| MGIC INVT CORP WIS | [MTG](https://holderbook.com/stocks/MTG/) | $384.0K | 13,534 | 0.7% | 21 |
| SYNCHRONY FINANCIAL | [SYF](https://holderbook.com/stocks/SYF/) | $365.0K | 5,140 | 0.6% | 14 |
| ENACT HLDGS INC | [ACT](https://holderbook.com/stocks/ACT/) | $357.0K | 9,299 | 0.6% | 15 |
| RELIANCE INC | [RS](https://holderbook.com/stocks/RS/) | $349.0K | 1,244 | 0.6% | 28 |
| QORVO INC | [QRVO](https://holderbook.com/stocks/QRVO/) | $328.0K | 3,600 | 0.6% | 1 |
| MATTEL INC | [MAT](https://holderbook.com/stocks/MAT/) | $313.0K | 18,600 | 0.5% | 2 |
| CONSTELLATION ENERGY CORP | [CEG](https://holderbook.com/stocks/CEG/) | $296.0K | 900 | 0.5% | 1 |
| DOCUSIGN INC | [DOCU](https://holderbook.com/stocks/DOCU/) | $285.0K | 3,955 | 0.5% | 4 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $273.0K | 400 | 0.5% | 1 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $269.0K | 720 | 0.5% | 2 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $265.0K | 2,952 | 0.5% | 1 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $264.0K | 1,700 | 0.5% | 4 |
| CARRIER GLOBAL CORPORATION | [CARR](https://holderbook.com/stocks/CARR/) | $262.0K | 4,400 | 0.5% | 1 |
| YUM CHINA HLDGS INC | [YUMC](https://holderbook.com/stocks/YUMC/) | $258.0K | 6,000 | 0.5% | 1 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $252.0K | 530 | 0.4% | 4 |
| CURTISS WRIGHT CORP | [CW](https://holderbook.com/stocks/CW/) | $248.0K | 457 | 0.4% | 3 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $244.0K | 2,900 | 0.4% | 1 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $243.0K | 6,230 | 0.4% | 4 |
| ENERGY RECOVERY INC | [ERII](https://holderbook.com/stocks/ERII/) | $241.0K | 15,603 | 0.4% | 1 |
| GREEN BRICK PARTNERS INC | [GRBK](https://holderbook.com/stocks/GRBK/) | $237.0K | 3,213 | 0.4% | 1 |
| CARGURUS INC | [CARG](https://holderbook.com/stocks/CARG/) | $236.0K | 6,352 | 0.4% | 1 |
| VEON LTD | [VEON](https://holderbook.com/stocks/VEON/) | $235.0K | 4,312 | 0.4% | 3 |
| CI&T INC | [CINT](https://holderbook.com/stocks/CINT/) | $235.0K | 45,727 | 0.4% | 1 |
| IMPERIAL OIL LTD | [IMO](https://holderbook.com/stocks/IMO/) | $233.0K | 2,568 | 0.4% | 2 |
| PERIMETER SOLUTIONS INC | [PRM](https://holderbook.com/stocks/PRM/) | $231.0K | 10,306 | 0.4% | 2 |
| TD SYNNEX CORPORATION | [SNX](https://holderbook.com/stocks/SNX/) | $229.0K | 1,400 | 0.4% | 1 |
| OPPFI INC | [OPFI](https://holderbook.com/stocks/OPFI/) | $228.0K | 20,152 | 0.4% | 1 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $226.0K | 800 | 0.4% | 3 |
| PENGUIN SOLUTIONS INC | [PENG](https://holderbook.com/stocks/PENG/) | $223.0K | 8,492 | 0.4% | 2 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $220.0K | 700 | 0.4% | 4 |
| BOYD GAMING CORP | [BYD](https://holderbook.com/stocks/BYD/) | $215.0K | 2,485 | 0.4% | 1 |
| CELESTICA INC | [CLS](https://holderbook.com/stocks/CLS/) | $213.0K | 864 | 0.4% | 2 |
| HALOZYME THERAPEUTICS INC | [HALO](https://holderbook.com/stocks/HALO/) | $211.0K | 2,883 | 0.4% | 1 |
| TUTOR PERINI CORP | [TPC](https://holderbook.com/stocks/TPC/) | $209.0K | 3,192 | 0.4% | 2 |
| AES CORP | [AES](https://holderbook.com/stocks/AES/) | $208.0K | 16,027 | 0.4% | 1 |
| COLLEGIUM PHARMACEUTICAL INC | [COLL](https://holderbook.com/stocks/COLL/) | $205.0K | 5,871 | 0.4% | 1 |
| BELDEN INC | [BDC](https://holderbook.com/stocks/BDC/) | $202.0K | 1,679 | 0.4% | 1 |
| TEVA PHARMACEUTICAL INDS LTD | [TEVA](https://holderbook.com/stocks/TEVA/) | $202.0K | 10,000 | 0.4% | 3 |
| AFFILIATED MANAGERS GROUP | [AMG](https://holderbook.com/stocks/AMG/) | $201.0K | 843 | 0.4% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2025 | +7.4% | +7.8% | -0.5% | 100% |
| Q2 2025 | +10.4% | +10.5% | -0.1% | 100% |
| Q1 2025 | +1.4% | -4.6% | +6.0% | 100% |
| Q4 2024 | +5.6% | +2.1% | +3.5% | 100% |
| Q3 2024 | +6.5% | +5.4% | +1.1% | 100% |
| Q2 2024 | -5.1% | +4.0% | -9.2% | 100% |
| Q1 2024 | +9.8% | +10.0% | -0.3% | 100% |
| Q4 2023 | +9.6% | +11.2% | -1.6% | 102% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2025 | $57.3M | 94 |
| Q2 2025 | $55.2M | 85 |
| Q1 2025 | $399.1M | 92 |
| Q4 2024 | $48.2M | 83 |
| Q3 2024 | $41.3M | 51 |
| Q2 2024 | $40.0M | 55 |
| Q1 2024 | $40.0M | 54 |
| Q4 2023 | $43.8M | 70 |
| Q3 2023 | $38.6M | 67 |
| Q2 2023 | $39.3M | 71 |
| Q1 2023 | $39.2M | 76 |
| Q4 2022 | $35.7M | 82 |