Crake Asset Management LLP

CIK 1789082 · View on SEC EDGAR ↗

Portfolio value
$4.2B
#912 of 9,443 by 13F value · top 9.7%
Positions
23
As of
June 30, 2026

Portfolio value QoQ: +46.0% 13F does not disclose cash

Top 10 holdings weight
81.35%
Top 25 holdings weight
100.00%
Positions above 1%
17
Effective number of positions
12.2

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 17.7% Est. buys $1,502,206,155 · sells $623,008,898

Median holding: 4.0 quarters Tracked Q4 2024–Q2 2026 · 69.7% still held

New positions
6
Increased
9
Decreased
5
Closed
3
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+36.6%
S&P 500 total return (same window)
+28.1%
Excess return
+8.5%

Annualized: +23.2% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 99.0% · Options excluded: 0.0%

Sector breakdown

Technology
26.0%
Communication Services
14.1%
Materials
14.0%
Retail
13.4%
Health Care
10.9%
Industrials
8.7%
Financials
4.2%
Consumer products
3.2%
Telecommunication
2.5%
Other/Unmapped
3.1%

Full portfolio 23 positions

Type Streak 8Q trend
FCX Freeport-McMoRan, Inc. Common Stock $583,332,044 13.96% 9,275,434 $38,122,033
AMZN Amazon.com, Inc. - Common Stock $549,676,392 13.15% 2,306,270 $111,723,737 Up ×2
HCA HCA Healthcare, Inc. Common Stock $449,072,183 10.75% 1,151,792
LUV Southwest Airlines Company Common Stock $363,327,293 8.69% 7,065,875 $253,623,795 Up ×2
MSFT Microsoft Corporation - Common Stock $360,275,026 8.62% 965,833 $-180,700,296 Down ×1
GOOG Alphabet Inc. - Class C Capital Stock $260,580,875 6.24% 737,500 $166,921,085 Up ×2
AAPL Apple Inc. - Common Stock $257,530,400 6.16% 890,000
NVDA NVIDIA Corporation - Common Stock $234,994,100 5.62% 1,174,442 $-10,037,900 Down ×2
NFLX Netflix, Inc. - Common Stock $181,474,524 4.34% 2,541,660 $117,329,590 Up ×2
AVGO Broadcom Inc. - Common Stock $159,401,812 3.81% 421,977 $-73,342,589 Down ×1
DHI D.R. Horton, Inc. Common Stock $134,032,486 3.21% 822,891 $54,871,503 Up ×1
KRE $130,987,500 3.13% 1,750,000 $16,975,000
BAC Bank of America Corporation Common Stock $98,123,036 2.35% 1,722,061 $26,116,312 Up ×3
TMUS T-Mobile US, Inc. - Common Stock $91,401,948 2.19% 544,935 $74,564,263 Up ×1
DIS Walt Disney Company (The) Common Stock $74,084,299 1.77% 769,707 $47,387,039 Up ×1
MU Micron Technology, Inc. - Common Stock $72,720,270 1.74% 63,000 $7,854,990 Down ×1
META Meta Platforms, Inc. - Class A Common Stock $71,537,830 1.71% 127,000 $-8,560,370 Down ×2
C Citigroup, Inc. Common Stock $40,588,400 0.97% 290,000 $18,700,270 Up ×1
WFC Wells Fargo & Company Common Stock $37,501,701 0.90% 453,796 Up ×1
VZ Verizon Communications Inc. Common Stock $11,220,100 0.27% 265,000 Up ×1
THC Tenet Healthcare Corporation Common Stock $6,921,960 0.17% 37,000 Up ×1
JD JD.com, Inc. - American Depositary Shares $6,242,600 0.15% 245,000
PDD PDD Holdings Inc. - American Depositary Shares $4,195,400 0.10% 55,000 $-1,424,500

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
BAC $98,123,036 2.35% up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
HCA $449,072,183 1,151,792 10.75%
AAPL $257,530,400 890,000 6.16%
WFC $37,501,701 453,796 0.90%
VZ $11,220,100 265,000 0.27%
THC $6,921,960 37,000 0.17%
JD $6,242,600 245,000 0.15%

Top movers (QoQ)

Security Action Shares Δ Value Δ
LUV Bought more +4.1M +$253.6M
MSFT Trimmed -496K -$180.7M
GOOG Bought more +411K +$166.9M
NFLX Bought more +1.9M +$117.3M
AMZN Bought more +203K +$111.7M
AVGO Trimmed -330K -$73.3M
DHI Bought more +246K +$54.9M
DIS Bought more +493K +$47.4M
FCX Price move only +0 +$38.1M
BAC Bought more +245K +$26.1M

1 position hidden (data completeness check)

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
GOOG Sept. 30, 2025 843,528 $149,633,432 40.2%
DELL March 31, 2026 835,348 $105,153,606 165.5%
MU Sept. 30, 2025 586,000 $72,224,500 454.2%
MAR March 31, 2026 208,952 $64,825,268 11.3%
AAPL March 31, 2026 234,053 $63,629,649 24.7%
UNH June 30, 2026 152,896 $41,372,129 -5.0%
JPM June 30, 2026 129,019 $37,952,229 10.4%
UNH Sept. 30, 2025 113,943 $35,546,798 14.4%
CRM June 30, 2026 170,371 $31,803,155 28.8%
MRVL Sept. 30, 2025 392,446 $30,375,320 176.5%
DHI June 30, 2025 237,011 $30,131,208 18.5%
AMD June 30, 2025 284,945 $29,275,249 227.2%
HCA March 31, 2025 69,087 $20,736,463 21.7%
ORCL June 30, 2025 144,000 $20,132,640 -36.3%
ACN Dec. 31, 2025 70,750 $17,446,950 -32.8%
MAR March 31, 2025 44,300 $12,357,042 52.8%
HUM March 31, 2026 34,310 $8,787,820 120.5%
JD March 31, 2026 236,400 $6,784,680 -1.4%