# Packer & Co Ltd

> Institutional holdings reported to the SEC as of Q1 2026 on Form 13F. CIK 1664017. Source: https://holderbook.com/funds/1664017-packer-co-ltd/

- Reported value: $267.4M
- Positions: 10
- Weight of the ten largest: 100.0%
- Filed: 2026-05-13

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 |
|---|---|---|---|---|---|
| PETROLEO BRASILEIRO S A | [PBRA](https://holderbook.com/stocks/PBRA/) | $74.0M | 3,948,602 | 27.7% | 2 |
| CENTENE CORP DEL | [CNC](https://holderbook.com/stocks/CNC/) | $46.3M | 1,415,000 | 17.3% | 3 |
| NEXGEN ENERGY LTD | [NXE](https://holderbook.com/stocks/NXE/) | $28.1M | 2,424,793 | 10.5% | 4 |
| SEADRILL LTD | [SDRL](https://holderbook.com/stocks/SDRL/) | $27.9M | 613,080 | 10.4% | 5 |
| NOBLE CORP PLC | [NE](https://holderbook.com/stocks/NE/) | $25.3M | 515,000 | 9.5% | 5 |
| VIPSHOP HLDGS LTD | [VIPS](https://holderbook.com/stocks/VIPS/) | $24.4M | 1,549,263 | 9.1% | 2 |
| VALARIS LTD | [VAL](https://holderbook.com/stocks/VAL/) | $19.9M | 203,000 | 7.4% | 5 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $10.4M | 230,000 | 3.9% | 2 |
| TRANSOCEAN LTD | [RIG](https://holderbook.com/stocks/RIG/) | $9.3M | 1,405,000 | 3.5% | 1 |
| ALGONQUIN POWER & UTILITIES | [AQN](https://holderbook.com/stocks/AQN/) | $1.8M | 289,556 | 0.7% | 4 |

## 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 |
|---|---|---|---|---|
| Q1 2026 | +13.5% | -4.6% | +18.1% | 100% |
| Q4 2025 | +7.3% | +2.4% | +5.0% | 129% |
| Q2 2025 | +4.6% | +10.5% | -5.8% | 100% |
| Q1 2025 | +12.8% | -4.6% | +17.4% | 100% |
| Q2 2020 | +27.5% | +19.6% | +7.8% | 100% |
| Q1 2020 | -31.3% | -19.9% | -11.4% | 100% |
| Q4 2019 | +7.4% | +8.5% | -1.1% | 100% |
| Q3 2019 | -0.8% | +1.3% | -2.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2026 | $267.4M | 10 |
| Q4 2025 | $375.6M | 10 |
| Q3 2025 | $361.9M | 7 |
| Q1 2025 | $329.2M | 10 |
| Q4 2024 | $312.9M | 6 |
| Q3 2024 | $294.8M | 3 |
| Q2 2024 | $293.7M | 3 |
| Q1 2024 | $285.6M | 3 |
| Q4 2023 | $270.3M | 3 |
| Q3 2023 | $258.8M | 3 |
| Q4 2022 | $287.4M | 3 |
| Q3 2022 | $251.2M | 3 |