Orbis Allan Gray Ltd
Reported holdings as of Q2 2026, from 31 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| CORPAY INC | CPAY | $1.8B | 5,408,507 | -0.37pp | 10q | +1.2%+$21.0M | |
| NEBIUS GROUP N.V. | NBIS | $1.8B | 6,494,719 | +2.52pp | 7q | -21.9%-$502.6M | |
| BOOKING HOLDINGS INC | BKNG | $1.3B | 7,191,572 | +3.09pp | 13q | +9648.4%+$1.3B | |
| QXO INC | QXO | $1.3B | 73,951,325 | -1.67pp | 8q | HELD | |
| BRUKER CORP | BRKR | $1.1B | 17,940,076 | +0.98pp | 5q | HELD | |
| RXO INC | RXO | $1.0B | 36,397,974 | +1.21pp | 15q | HELD | |
| MOTOROLA SOLUTIONS INC | MSI | $992.4M | 2,389,623 | -0.01pp | 25q | +27.8%+$215.8M | |
| ALPHABET INC | GOOGL | $836.5M | 2,340,624 | -0.17pp | 3q | -6.9%-$61.7M | |
| EQT CORP | EQT | $835.1M | 15,706,047 | -0.38pp | 3q | +29.7%+$191.1M | |
| XPO INC | XPO | $698.6M | 3,402,819 | -0.40pp | 31q | HELD | |
| SHELL PLC | SHEL | $686.0M | 8,847,436 | +0.74pp | 18q | +115.1%+$367.1M | |
| GXO LOGISTICS INCORPORATED | GXO | $680.6M | 13,424,844 | -0.60pp | 20q | HELD | |
| ITAU UNIBANCO HLDG S A | ITUB | $664.2M | 81,301,690 | -0.17pp | 6q | +17.4%+$98.3M | |
| INSMED INC | INSM | $647.9M | 6,076,487 | +0.93pp | 5q | +224.5%+$448.2M | |
| ALNYLAM PHARMACEUTICALS INC | ALNY | $598.3M | 1,987,407 | +0.19pp | 9q | +48.9%+$196.4M | |
| FIRSTSERVICE CORP NEW | FSV | $574.7M | 4,044,289 | -0.35pp | 12q | +1.9%+$10.8M | |
| STERIS PLC | STE | $563.8M | 2,677,710 | -0.48pp | 6q | +3.3%+$17.9M | |
| INTERACTIVE BROKERS GROUP IN | IBKR | $528.3M | 6,069,270 | +0.08pp | 19q | -0.8%-$4.2M | |
| NEWMONT CORP | NEM | $517.8M | 5,544,346 | -0.58pp | 11q | +7.2%+$34.9M | |
| PRAXIS PRECISION MEDICINES I | PRAX | $512.2M | 1,529,788 | -1.60pp | 3q | -38.1%-$315.6M | |
| NVIDIA CORPORATION | NVDA | $490.3M | 2,450,522 | +0.15pp | 2q | +17.3%+$72.2M | |
| CINEMARK HLDGS INC | CNK | $477.8M | 15,057,911 | -0.17pp | 20q | HELD | |
| BRITISH AMERN TOB PLC | BTI | $456.1M | 7,385,374 | -0.33pp | 30q | -4.2%-$19.8M | |
| NETEASE COM INC | NTES | $448.9M | 3,503,491 | -0.15pp | 31q | -2.3%-$10.4M | |
| PDD HOLDINGS INC | PDD | $408.4M | 5,353,562 | +0.65pp | 7q | +207.0%+$275.3M | |
| DIAGEO PLC | DEO | $384.0M | 4,777,636 | +0.16pp | 6q | +29.1%+$86.6M | |
| KINDER MORGAN INC DEL | KMI | $377.2M | 11,797,985 | -0.30pp | 20q | +4.3%+$15.6M | |
| DISNEY WALT CO | DIS | $359.5M | 3,734,888 | -0.28pp | 12q | HELD | |
| BROWN & BROWN INC | BRO | $344.6M | 5,371,080 | - | new | NEW | |
| CEMEX SA EURO MTN BE 144A | CX | $339.7M | 28,304,697 | -0.63pp | 7q | -23.8%-$106.1M | |
| SCHOLAR ROCK HLDG CORP | SRRK | $326.3M | 5,933,533 | +0.25pp | 4q | +42.0%+$96.4M | |
| GENMAB A/S | GMAB | $312.3M | 11,368,161 | -0.39pp | 8q | -12.0%-$42.8M | |
| ROBERT HALF INC. | RHI | $303.2M | 9,877,840 | +0.23pp | 2q | +30.9%+$71.6M | |
| CRISPR THERAPEUTICS AG | CRSP | $297.2M | 5,449,161 | -0.20pp | 7q | -10.8%-$35.8M | |
| AMERICAN AIRLINES GROUP INC | AAL | $291.6M | 16,139,385 | +0.90pp | 2q | +635.1%+$252.0M | |
| BBB FOODS INC | TBBB | $280.6M | 6,735,036 | +0.12pp | 3q | +19.3%+$45.4M | |
| SMURFIT WESTROCK PLC | SW | $272.1M | 5,881,487 | -1.38pp | 8q | -57.3%-$365.2M | |
| FRANCO NEV CORP | FNV | $269.0M | 1,290,361 | -0.20pp | 10q | +19.5%+$44.0M | |
| RANGE RES CORP | RRC | $249.0M | 6,694,822 | +0.34pp | 2q | +147.3%+$148.3M | |
| BARRICK MNG CORP | B | $245.6M | 6,687,005 | -0.19pp | 5q | +11.1%+$24.5M | |
| HDFC BANK LTD | HDB | $244.0M | 9,446,886 | +0.65pp | 10q | +428.4%+$197.8M | |
| RYAN SPECIALTY HOLDINGS INC | RYAN | $238.2M | 6,307,845 | - | new | NEW | |
| ENBRIDGE INC | ENB | $235.4M | 4,342,664 | +0.43pp | 7q | +159.8%+$144.8M | |
| VALE S A | VALE | $214.6M | 14,267,945 | -0.56pp | 7q | -26.3%-$76.8M | |
| IQVIA HLDGS INC | IQV | $212.8M | 1,101,165 | +0.57pp | 5q | +404.5%+$170.6M | |
| IMAX CORP | IMAX | $205.3M | 5,149,555 | -0.12pp | 9q | HELD | |
| SPDR GOLD TR | GLD | $184.2M | 499,941 | -0.23pp | 31q | +5.5%+$9.6M | |
| SYNAPTICS INC | SYNA | $176.7M | 1,422,657 | +0.12pp | 12q | -14.2%-$29.4M | |
| RENAISSANCERE HLDGS LTD | RNR | $171.9M | 542,301 | -0.22pp | 3q | -16.4%-$33.6M | |
| ANTERO RESOURCES CORP | AR | $159.8M | 4,547,301 | -0.32pp | 3q | -6.7%-$11.4M | |
| BRINKER INTL INC | EAT | $157.2M | 935,796 | -0.02pp | 2q | +0.9%+$1.4M | |
| DYNE THERAPEUTICS INC | DYN | $155.6M | 7,006,542 | +0.02pp | 3q | +3.6%+$5.4M | |
| WESTLAKE CORPORATION | WLK | $152.2M | 2,084,364 | -2.09pp | 4q | -60.6%-$234.3M | |
| TRANSUNION | TRU | $145.8M | 2,021,682 | +0.33pp | 2q | +245.8%+$103.7M | |
| NU HLDGS LTD | NU | $133.4M | 9,988,142 | +0.13pp | 6q | +82.2%+$60.2M | |
| CALIFORNIA RES CORP | CRC | $128.1M | 2,422,242 | -0.20pp | 23q | +11.2%+$12.9M | |
| NEW ORIENTAL ED & TECHNOLOGY | EDU | $99.3M | 2,162,403 | +0.06pp | 4q | +84.7%+$45.5M | |
| CARGURUS INC | CARG | $82.1M | 2,407,398 | -0.05pp | 2q | +3.2%+$2.5M | |
| RYDER SYS INC | R | $81.1M | 307,335 | -0.34pp | 8q | -56.8%-$106.7M | |
| YOUDAO INC | DAO | $80.7M | 6,563,497 | flat | 27q | -2.6%-$2.2M | |
| ELEVANCE HEALTH INC FORMERLY | ELV | $70.8M | 183,191 | +0.02pp | 31q | HELD | |
| ON SEMICONDUCTOR CORP | ON | $70.1M | 741,034 | -0.01pp | 4q | -22.1%-$19.9M | |
| MARVELL TECHNOLOGY INC | MRVL | $68.4M | 229,717 | +0.14pp | 3q | HELD | |
| BURFORD CAPITAL LIMITED | BUR | $60.2M | 14,673,240 | -0.04pp | 23q | +12.7%+$6.8M | |
| NEWAMSTERDAM PHARMA COMPANY | NAMS | $59.2M | 1,747,627 | - | new | NEW | |
| BWX TECHNOLOGIES INC | BWXT | $57.9M | 297,329 | -0.06pp | 5q | HELD | |
| UNITEDHEALTH GROUP INC | UNH | $55.8M | 134,216 | - | new | NEW | |
| ANTERO MIDSTREAM CORP | AM | $55.1M | 2,420,433 | -0.03pp | 3q | +7.0%+$3.6M | |
| MAGNUM ICE CREAM CO NV | MICC | $54.2M | 3,112,401 | -0.08pp | 3q | -26.9%-$19.9M | |
| GENERAC HLDGS INC | GNRC | $53.3M | 182,189 | +0.01pp | 14q | -13.1%-$8.0M | |
| EMCOR GROUP INC | EME | $52.1M | 62,764 | -0.01pp | 6q | +2.7%+$1.4M | |
| MARCUS CORP DEL | MCS | $51.4M | 2,189,129 | +0.03pp | 14q | +11.5%+$5.3M | |
| GOLD FIELDS LTD | GFI | $49.5M | 1,473,023 | -0.11pp | 18q | +2.0%+$974.9K | |
| SEA LTD | SE | $49.2M | 513,300 | -0.48pp | 8q | -72.2%-$127.5M | |
| VIPSHOP HLDGS LTD | VIPS | $47.7M | 3,594,710 | -0.18pp | 18q | -31.1%-$21.5M | |
| WHEATON PRECIOUS METALS CORP | WPM | $45.5M | 405,444 | -0.13pp | 28q | -22.4%-$13.2M | |
| NIKE INC | NKE | $41.7M | 1,015,893 | -0.07pp | 4q | +7.2%+$2.8M | |
| NATIONAL CINEMEDIA INC | NCMI | $35.4M | 9,313,977 | flat | 5q | +1.9%+$668.6K | |
| BOOZ ALLEN HAMILTON HLDG COR | BAH | $34.6M | 569,678 | -0.07pp | 4q | +2.0%+$673.5K | |
| CNX RES CORP | CNX | $30.1M | 886,386 | +0.05pp | 2q | +158.2%+$18.4M | |
| ANGLOGOLD ASHANTI PLC | AU | $29.5M | 365,003 | -0.05pp | 7q | HELD | |
| HALLADOR ENERGY COMPANY | HNRG | $29.5M | 1,695,845 | -0.02pp | 4q | -3.6%-$1.1M | |
| QXO INC | QXOPRB | $27.8M | 569,445 | - | new | NEW | |
| CELLEBRITE DI LTD | CLBT | $24.9M | 1,707,749 | - | new | NEW | |
| GENIUS SPORTS LIMITED | GENI | $22.8M | 3,767,572 | - | new | NEW | |
| MARRIOTT INTL INC NEW | MAR | $22.7M | 61,340 | -0.13pp | 12q | -58.8%-$32.4M | |
| ECHOSTAR CORP | ECHO | $21.8M | 214,394 | - | new | NEW | |
| PORTILLOS INC | PTLO | $19.8M | 4,171,276 | -0.09pp | 16q | -41.0%-$13.7M | |
| LOMA NEGRA CORP | LOMA | $17.6M | 1,540,398 | +0.01pp | 2q | +46.5%+$5.6M | |
| HOWMET AEROSPACE INC | HWM | $16.2M | 60,402 | - | new | NEW | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $15.9M | 31,869 | - | new | NEW | |
| IRSA INVERSIONES Y REP S A | IRS | $13.9M | 901,355 | +0.01pp | 2q | +80.1%+$6.2M | |
| WISE GROUP PLC | WSE | $8.7M | 730,105 | - | new | NEW | |
| FUTU HLDGS LTD | FUTU | $8.3M | 88,375 | - | new | NEW | |
| GENPACT LIMITED | G | $4.8M | 174,752 | -0.01pp | 8q | +0.7%+$32.2K | |
| MINISO GROUP HLDG LTD | MNSO | $3.1M | 254,418 | -0.03pp | 4q | -55.9%-$3.9M | |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | $1.4M | 2,916 | flat | 5q | -42.2%-$1.0M |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Biotech & Pharma | $4.2B | 14.4% |
| Transport & Logistics | $4.2B | 14.4% |
| Software & IT Services | $3.2B | 10.9% |
| Business Services | $3.1B | 10.5% |
| Energy | $2.5B | 8.7% |
| Semiconductors & Electronics | $1.9B | 6.4% |
| Mining & Metals | $1.4B | 4.8% |
| Wholesale & Distribution | $1.3B | 4.4% |
| Banks & Lending | $1.1B | 3.8% |
| Telecom & Media | $933.2M | 3.2% |
| Insurance | $897.2M | 3.1% |
| Food, Drink & Tobacco | $894.3M | 3.1% |
| Other sectors | $3.5B | 12.2% |
| Not classified | $36.5M | 0.1% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $29.1B | 97 | 12 | 45 | 28 | 6 | 39.9% | 45 |
| Q1 2026 | $23.7B | 91 | 10 | 43 | 34 | 8 | 37.8% | 45 |
| Q4 2025 | $23.9B | 89 | 12 | 41 | 31 | 9 | 37.8% | 48 |
| Q3 2025 | $23.3B | 86 | 17 | 37 | 24 | 9 | 41.5% | 45 |
| Q2 2025 | $20.6B | 78 | 12 | 37 | 23 | 12 | 46.2% | 45 |
| Q1 2025 | $17.5B | 78 | 7 | 33 | 31 | 13 | 44.4% | 45 |
| Q4 2024 | $18.6B | 84 | 14 | 32 | 28 | 10 | 49.1% | 45 |
| Q3 2024 | $18.9B | 80 | 9 | 30 | 36 | 5 | 49.5% | 45 |
| Q2 2024 | $16.1B | 76 | 8 | 34 | 31 | 3 | 45.7% | 45 |
| Q1 2024 | $16.7B | 71 | 5 | 25 | 27 | 7 | 45.1% | 45 |
| Q4 2023 | $15.9B | 73 | 5 | 35 | 21 | 8 | 47.9% | 45 |
| Q3 2023 | $13.9B | 76 | 8 | 22 | 35 | 5 | 47.6% | 45 |
| Q2 2023 | $14.0B | 73 | 6 | 36 | 26 | 5 | 45.6% | 45 |
| Q1 2023 | $12.7B | 72 | 7 | 35 | 23 | 13 | 47.0% | 45 |
| Q4 2022 | $12.6B | 78 | 10 | 35 | 27 | 4 | 44.8% | 45 |
| Q3 2022 | $12.2B | 72 | 5 | 37 | 19 | 6 | 41.6% | 45 |
| Q2 2022 | $12.4B | 73 | 7 | 40 | 18 | 8 | 43.7% | 46 |
| Q1 2022 | $13.7B | 74 | 16 | 29 | 24 | 5 | 49.7% | 46 |
| Q4 2021 | $13.5B | 63 | 9 | 18 | 23 | 8 | 52.9% | 45 |
| Q3 2021 | $14.6B | 62 | 6 | 19 | 27 | 9 | 51.2% | 46 |
| Q2 2021 | $15.8B | 65 | 7 | 24 | 25 | 5 | 60.4% | 47 |
| Q1 2021 | $14.0B | 63 | 11 | 20 | 22 | 9 | 66.7% | 47 |
| Q4 2020 | $13.8B | 61 | 6 | 19 | 24 | 6 | 68.6% | 47 |
| Q3 2020 | $12.7B | 61 | 7 | 12 | 29 | 7 | 69.4% | 47 |
| Q2 2020 | $13.3B | 61 | 9 | 18 | 23 | 11 | 71.4% | 45 |
| Q1 2020 | $10.5B | 63 | 8 | 20 | 22 | 8 | 73.6% | 45 |
| Q4 2019 | $14.3B | 63 | 7 | 16 | 20 | 4 | 67.8% | 45 |
| Q3 2019 | $13.5B | 60 | 10 | 17 | 17 | 7 | 69.6% | 45 |
| Q2 2019 | $13.9B | 57 | 5 | 18 | 22 | 5 | 70.1% | 45 |
| Q1 2019 | $14.7B | 57 | 11 | 24 | 16 | 8 | 69.9% | 45 |
| Q4 2018 | $13.9B | 54 | 0 | 0 | 0 | 0 | 68.4% | 45 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.