Orbis Allan Gray Ltd
CIK 1663865 · View on SEC EDGAR ↗
- Portfolio value
- $15.9B
- Positions
- 97
- As of
- June 30, 2026
#360 of 9,443 by 13F value · top 3.8%
Portfolio value QoQ: +33.9% 13F does not disclose cash
- Top 10 holdings weight
- 52.66%
- Top 25 holdings weight
- 82.50%
- Positions above 1%
- 28
- Effective number of positions
- 24.4
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 35.73% Est. buys $6,958,163,150 · sells $4,948,093,474
Median holding: 5.0 quarters Tracked Q4 2024–Q2 2026 · 67.8% still held
- New positions
- 12
- Increased
- 45
- Decreased
- 31
- Closed
- 6
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +20.8% · 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: 98.9% · Options excluded: 0.0%
Sector breakdown
Technology
16.5%
Communication Services
14.4%
Healthcare
12.0%
Energy
12.0%
Industrials
10.3%
Consumer Discretionary
7.5%
Consumer Staples
5.6%
Materials
4.7%
Financial Services
4.5%
Retail
3.2%
Real Estate
3.0%
Financials
1.9%
Packaging
1.7%
Diversified Consumer Services
1.1%
Logistics & Transportation
0.1%
Communications
0.0%
Utilities
0.0%
Other/Unmapped
1.3%
Full portfolio 97 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| NBIS Nebius Group N.V. - Class A Ordinary Shares | $1,793,646,546 | 11.31% | 6,494,719 | $930,906,426 | Down ×1 | ||
| BRKR Bruker Corporation - Common Stock | $1,014,205,596 | 6.40% | 16,852,868 | $405,480,004 | |||
| RXO RXO, Inc. Common Stock | $956,995,127 | 6.03% | 34,686,304 | $956,517,141 | Up ×1 | ||
| BKNG Booking Holdings Inc. - Common Stock | $945,611,681 | 5.96% | 5,305,272 | $635,013,118 | Up ×3 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $836,468,799 | 5.27% | 2,340,624 | $113,749,140 | Down ×2 | ||
| EQT EQT Corporation Common Stock | $833,504,352 | 5.26% | 15,676,215 | $831,945,808 | Up ×2 | ||
| IBKR Interactive Brokers Group, Inc. - Class A Common Stock | $528,269,261 | 3.33% | 6,069,270 | $117,931,983 | Down ×2 | ||
| NVDA NVIDIA Corporation - Common Stock | $490,324,947 | 3.09% | 2,450,522 | $125,845,689 | Up ×1 | ||
| FSV FirstService Corporation - Common Shares | $476,270,154 | 3.00% | 3,351,419 | $404,268,667 | Up ×1 | ||
| CNK Cinemark Holdings Inc Cinemark Holdings, Inc. Common Stock | $475,717,197 | 3.00% | 14,992,663 | $473,856,324 | Up ×1 | ||
| BTI British American Tobacco Industries, p.l.c. Common Stock ADR | $454,886,548 | 2.87% | 7,365,391 | $5,314,226 | Down ×4 | ||
| NTES NetEase, Inc. - American Depositary Shares, each representing 5 ordinary shares | $448,937,337 | 2.83% | 3,503,491 | $47,690,870 | Down ×1 | ||
| PDD PDD Holdings Inc. - American Depositary Shares | $407,932,015 | 2.57% | 5,347,824 | $407,642,028 | Up ×1 | ||
| DEO Diageo plc Common Stock | $384,026,382 | 2.42% | 4,777,636 | $108,554,384 | Up ×5 | ||
| KMI Kinder Morgan, Inc. Common Stock | $371,415,695 | 2.34% | 11,617,632 | $-1,536,383 | Up ×3 | ||
| DIS Walt Disney Company (The) Common Stock | $359,482,970 | 2.27% | 3,734,888 | $-485,535 | |||
| GMAB Genmab A/S - American Depositary Shares | $311,366,077 | 1.96% | 11,334,768 | $310,470,143 | Up ×1 | ||
| RHI Robert Half Inc. Common Stock | $303,249,688 | 1.91% | 9,877,840 | $111,699,982 | Up ×1 | ||
| CRSP CRISPR Therapeutics AG - Common Shares | $296,334,582 | 1.87% | 5,433,344 | $295,582,167 | Up ×1 | ||
| SW Smurfit WestRock plc Ordinary Shares | $272,077,589 | 1.72% | 5,881,487 | $-276,858,313 | Down ×3 | ||
| FNV Franco-Nevada Corporation | $249,374,698 | 1.57% | 1,196,386 | $272,948 | Up ×1 | ||
| RRC Range Resources Corporation Common Stock | $248,291,262 | 1.57% | 6,676,291 | $247,832,730 | Up ×1 | ||
| ENB Enbridge Inc Common Stock | $234,039,152 | 1.48% | 4,317,269 | $144,903,435 | Up ×3 | ||
| VALE VALE S.A. American Depositary Shares Each Representing one common share | $214,589,893 | 1.35% | 14,267,945 | $-93,626,582 | Down ×1 | ||
| SYNA Synaptics Incorporated - Common Stock | $176,420,390 | 1.11% | 1,420,111 | $176,192,200 | Up ×2 | ||
| GLD | $175,797,198 | 1.11% | 477,217 | $166,019,288 | Up ×1 | ||
| RNR RenaissanceRe Holdings Ltd. Common Stock | $171,855,187 | 1.08% | 542,301 | $-20,892,226 | Down ×1 | ||
| AR Antero Resources Corporation Common Stock | $159,186,379 | 1.00% | 4,530,062 | $158,270,184 | Up ×1 | ||
| EAT Brinker International, Inc. Common Stock | $157,213,728 | 0.99% | 935,796 | $24,792,840 | Up ×1 | ||
| DYN Dyne Therapeutics, Inc. - Common Stock | $155,111,575 | 0.98% | 6,983,862 | $32,923,515 | Up ×2 | ||
| WLK Westlake Corporation Common Stock | $151,869,127 | 0.96% | 2,080,399 | $150,840,293 | Up ×1 | ||
| TRU TransUnion Common Stock | $145,844,139 | 0.92% | 2,021,682 | $105,387,224 | Up ×1 | ||
| NU Nu Holdings Ltd. Class A Ordinary Shares | $133,182,594 | 0.84% | 9,968,757 | $132,904,032 | Up ×1 | ||
| CPAY Corpay, Inc. Common Stock | $117,350,366 | 0.74% | 352,118 | $116,385,152 | Up ×1 | ||
| EDU New Oriental Education & Technology Group, Inc. Sponsored ADR representing 10 Ordinary Share (Cayman Islands) | $99,275,922 | 0.63% | 2,162,403 | $32,964,967 | Up ×3 | ||
| CARG CarGurus, Inc. - Class A Common Stock | $82,068,198 | 0.52% | 2,407,398 | $2,620,729 | Up ×1 | ||
| R Ryder System, Inc. Common Stock | $81,065,753 | 0.51% | 307,335 | $80,797,992 | Up ×1 | ||
| DAO Youdao, Inc. American Depositary Shares, each representing one Class A Ordinary Share | $80,731,013 | 0.51% | 6,563,497 | $14,489,356 | Down ×6 | ||
| ELV Elevance Health, Inc. Common Stock | $70,845,455 | 0.45% | 183,191 | $17,216,290 | |||
| ON ON Semiconductor Corporation - Common Stock | $69,198,742 | 0.44% | 731,952 | $68,471,058 | Up ×1 | ||
| MRVL Marvell Technology, Inc. - Common Stock | $67,618,051 | 0.43% | 226,990 | $67,347,942 | Up ×1 | ||
| BUR Burford Capital Limited Ordinary Shares | $59,702,113 | 0.38% | 14,561,491 | $1,277,081 | Up ×4 | ||
| UNH UnitedHealth Group Incorporated Common Stock (DE) | $55,561,834 | 0.35% | 133,681 | ||||
| AM Antero Midstream Corporation Common Stock | $54,380,235 | 0.34% | 2,390,340 | $53,694,115 | Up ×1 | ||
| MICC The Magnum Ice Cream Company N.V. Ordinary Shares | $54,186,901 | 0.34% | 3,112,401 | $54,001,327 | Up ×2 | ||
| XPO XPO, Inc. Common Stock | $52,704,923 | 0.33% | 256,734 | $-572,758,541 | Down ×1 | ||
| EME EMCOR Group, Inc. Common Stock | $51,543,017 | 0.33% | 62,109 | $51,007,742 | Up ×2 | ||
| MCS Marcus Corporation (The) Common Stock | $50,782,361 | 0.32% | 2,164,636 | $50,361,816 | Up ×1 | ||
| GFI Gold Fields Limited American Depositary Shares | $49,478,843 | 0.31% | 1,473,023 | $-16,078,666 | Up ×1 | ||
| SE Sea Limited American Depositary Shares, each representing one Class A Ordinary Share | $49,189,539 | 0.31% | 513,300 | $-103,525,516 | Down ×3 | ||
| VIPS Vipshop Holdings Limited American Depositary Shares, each representing two ordinary shares | $47,665,855 | 0.30% | 3,594,710 | $-34,347,979 | Down ×2 | ||
| WPM Wheaton Precious Metals Corp Common Shares (Canada) | $45,539,470 | 0.29% | 405,444 | $-22,952,165 | Down ×2 | ||
| NKE Nike, Inc. Common Stock | $41,702,408 | 0.26% | 1,015,893 | $-8,365,300 | Up ×3 | ||
| AU AngloGold Ashanti PLC Ordinary Shares | $29,525,093 | 0.19% | 365,003 | $-6,011,599 | |||
| CLBT Cellebrite DI Ltd. - Ordinary Shares | $24,660,875 | 0.16% | 1,689,101 | ||||
| GXO GXO Logistics, Inc. Common Stock | $23,029,613 | 0.15% | 454,233 | $-649,041,532 | Down ×1 | ||
| MAR Marriott International - Class A Common Stock | $22,731,991 | 0.14% | 61,340 | $-25,907,570 | Down ×2 | ||
| SATS EchoStar Corporation - Common stock | $21,760,991 | 0.14% | 214,394 | Up ×1 | |||
| QXO QXO, Inc. Common Stock | $21,568,740 | 0.14% | 1,248,191 | $-2,671,129 | |||
| PTLO Portillo's Inc. - Class A Common Stock | $19,508,897 | 0.12% | 4,115,801 | $19,289,341 | Up ×1 | ||
| HWM Howmet Aerospace Inc. Common Stock | $16,239,682 | 0.10% | 60,402 | ||||
| BRKB | $15,946,929 | 0.10% | 31,869 | Up ×1 | |||
| Unknown issuer (CUSIP: G9723Y105) | $8,695,551 | 0.05% | 730,105 | Up ×1 | |||
| FUTU Futu Holdings Limited - American Depositary Shares | $8,284,273 | 0.05% | 88,375 | ||||
| B Barrick Mining Corporation Common Shares | $5,152,742 | 0.03% | 140,287 | $-405,263 | Up ×1 | ||
| G Genpact Limited Common Stock | $4,805,680 | 0.03% | 174,752 | $-1,660,212 | Up ×1 | ||
| MNSO MINISO Group Holding Limited American Depositary Shares, each representing four Ordinary Shares | $3,068,281 | 0.02% | 254,418 | $-6,272,445 | Down ×2 | ||
| SHEL Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares) | $1,911,749 | 0.01% | 24,655 | $-378,515,911 | Down ×1 | ||
| CRC California Resources Corporation Common Stock | $1,623,109 | 0.01% | 30,700 | $-147,246,545 | Down ×1 | ||
| MSI Motorola Solutions, Inc. Common Stock | $1,411,155 | 0.01% | 3,398 | $-44,998,465 | Down ×3 | ||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $1,392,594 | 0.01% | 2,916 | $-312,026 | Down ×1 | ||
| PRAX Praxis Precision Medicines, Inc. - Common Stock | $1,040,527 | 0.01% | 3,108 | $-794,257,457 | Down ×1 | ||
| ALNY Alnylam Pharmaceuticals, Inc. - Common Stock | $849,206 | 0.01% | 2,821 | $-84,178 | |||
| IMAX Imax Corporation Common Stock | $790,025 | 0.00% | 19,820 | $36,667 | |||
| NEM Newmont Corporation | $744,678 | 0.00% | 7,973 | $-558,168,258 | Down ×1 | ||
| CX Cemex, S.A.B. de C.V. Sponsored ADR | $723,660 | 0.00% | 60,305 | $-231,077 | Down ×2 | ||
| BWXT BWX Technologies, Inc. Common Stock | $680,691 | 0.00% | 3,497 | $-59,618,502 | Down ×3 | ||
| TBBB BBB Foods Inc. Class A Common Shares | $671,554 | 0.00% | 16,116 | $101,531 | |||
| INSM Insmed Incorporated - Common Stock | $616,797 | 0.00% | 5,785 | $168,425 | Up ×2 | ||
| GNRC Generac Holdlings Inc. Common Stock | $614,023 | 0.00% | 2,097 | $-39,791,355 | Down ×1 | ||
| QXOPRB | $535,604 | 0.00% | 10,989 | Up ×1 | |||
| RYAN Ryan Specialty Holdings, Inc. Class A Common Stock | $527,092 | 0.00% | 13,959 | Up ×1 | |||
| AAL American Airlines Group, Inc. - Common Stock | $515,121 | 0.00% | 28,507 | $-22,759,093 | Down ×1 | ||
| ITUB Itau Unibanco Banco Holding SA American Depositary Shares (Each repstg 500 Preferred shares) | $489,506 | 0.00% | 59,915 | $157,859 | Up ×1 | ||
| BRO Brown & Brown, Inc. Common Stock | $486,000 | 0.00% | 7,576 | Up ×1 | |||
| IQV IQVIA Holdings, Inc. Common Stock | $464,308 | 0.00% | 2,403 | $-36,345,898 | Down ×2 | ||
| SRRK Scholar Rock Holding Corporation - Common Stock | $390,500 | 0.00% | 7,100 | $131,673 | Up ×1 | ||
| BAH Booz Allen Hamilton Holding Corporation Common Stock | $372,938 | 0.00% | 6,147 | $-42,683,704 | Down ×1 | ||
| CNX CNX Resources Corporation Common Stock | $357,113 | 0.00% | 10,525 | $173,654 | Up ×1 | ||
| NCMI National CineMedia, Inc. - Common Stock | $341,620 | 0.00% | 89,900 | $67,425 | |||
| STE STERIS plc (Ireland) Ordinary Shares | $324,488 | 0.00% | 1,541 | $-37,574,319 | Down ×1 | ||
| HNRG Hallador Energy Company - Common Stock | $297,821 | 0.00% | 17,126 | $-27,996,868 | Down ×1 | ||
| HDB HDFC Bank Limited Common Stock | $287,204 | 0.00% | 11,119 | $-44,195,648 | Down ×1 | ||
| GENI Genius Sports Limited Ordinary Shares | $251,763 | 0.00% | 41,545 | Up ×1 | |||
| IRS IRSA Inversiones Y Representaciones S.A. Global Depositary Shares (Each representing ten shares of Common Stock) | $201,940 | 0.00% | 13,079 | $85,082 | Up ×1 | ||
| NAMS NewAmsterdam Pharma Company N.V. - Ordinary Shares | $199,036 | 0.00% | 5,873 | Up ×1 | |||
| LOMA Loma Negra Compania Industrial Argentina Sociedad Anonima ADS | $189,417 | 0.00% | 16,543 | $68,203 | Up ×1 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| UNH | $55,561,834 | 133,681 | 0.35% |
| CLBT | $24,660,875 | 1,689,101 | 0.16% |
| SATS | $21,760,991 | 214,394 | 0.14% |
| HWM | $16,239,682 | 60,402 | 0.10% |
| BRKB | $15,946,929 | 31,869 | 0.10% |
| Unknown issuer (CUSIP: G9723Y105) | $8,695,551 | 730,105 | 0.05% |
| FUTU | $8,284,273 | 88,375 | 0.05% |
| QXOPRB | $535,604 | 10,989 | 0.00% |
| RYAN | $527,092 | 13,959 | 0.00% |
| BRO | $486,000 | 7,576 | 0.00% |
| GENI | $251,763 | 41,545 | 0.00% |
| NAMS | $199,036 | 5,873 | 0.00% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| NBIS | Trimmed | -1.8M | +$930.9M |
| BKNG | Bought more | +5.2M | +$635.0M |
| BRKR | Price move only | +0 | +$405.5M |
| SW | Trimmed | -7.9M | -$276.9M |
| ENB | Bought more | +2.7M | +$144.9M |
| NVDA | Bought more | +361K | +$125.8M |
| IBKR | Trimmed | -49K | +$117.9M |
| GOOGL | Trimmed | -173K | +$113.7M |
| RHI | Bought more | +2.3M | +$111.7M |
| DEO | Bought more | +1.1M | +$108.6M |
20 positions 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.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| ICLR | March 31, 2026 | 4,208,000 | $766,781,760 | 56.9% |
| MU | Dec. 31, 2025 | 2,158,602 | $361,177,287 | 224.9% |
| GPN | June 30, 2025 | 3,222,435 | $315,540,835 | 15.1% |
| GOOG | March 31, 2025 | 1,649,047 | $314,044,511 | 118.5% |
| BIDU | June 30, 2025 | 3,236,111 | $297,819,295 | 6.5% |
| BBD | Sept. 30, 2025 | 81,034,974 | $250,398,070 | -7.2% |
| RNR | Sept. 30, 2025 | 991,483 | $240,831,221 | 26.8% |
| GOOGL | June 30, 2025 | 1,301,632 | $201,284,372 | 94.0% |
| AES | June 30, 2026 | 12,247,581 | $172,568,416 | 0.6% |
| TXN | Sept. 30, 2025 | 809,986 | $168,169,293 | 46.8% |
| XP | Sept. 30, 2025 | 8,001,932 | $161,639,026 | -11.3% |
| WDAY | March 31, 2025 | 481,784 | $124,314,726 | -16.0% |
| RUN | March 31, 2025 | 10,894,130 | $100,770,703 | 65.5% |
| PFSI | June 30, 2025 | 926,775 | $92,779,445 | -21.9% |
| OLN | March 31, 2026 | 3,804,561 | $79,249,006 | -36.1% |
| CE | Dec. 31, 2025 | 1,304,050 | $54,874,424 | 9.5% |
| LYB | Dec. 31, 2025 | 1,064,208 | $52,188,760 | 55.4% |
| ICLR | March 31, 2025 | 244,857 | $51,348,961 | -0.8% |
| MTZ | Dec. 31, 2025 | 224,550 | $47,786,486 | 26.1% |
| TRU | March 31, 2025 | 478,042 | $44,319,274 | -0.6% |
| NAVI | Dec. 31, 2025 | 2,986,239 | $39,269,043 | -29.5% |
| KB | June 30, 2026 | 360,611 | $35,963,735 | 12.6% |
| IQ | March 31, 2025 | 17,663,971 | $35,504,582 | -50.7% |
| SLGN | June 30, 2026 | 900,180 | $34,926,984 | -9.5% |
| WLK | March 31, 2025 | 299,802 | $34,372,299 | -20.1% |
| ASAIY | March 31, 2025 | 6,887,254 | $30,786,025 | No longer tracked |
| FBIN | June 30, 2026 | 774,529 | $30,183,395 | -14.5% |
| CARG | Dec. 31, 2025 | 765,791 | $28,510,399 | -4.0% |
| BIDU | June 30, 2026 | 190,705 | $21,248,351 | -20.1% |
| PAGS | Sept. 30, 2025 | 2,085,730 | $20,106,437 | -12.9% |
| NE | Sept. 30, 2025 | 741,409 | $19,684,409 | 62.8% |
| INTC | March 31, 2026 | 495,099 | $18,269,153 | 108.8% |
| MSFT | June 30, 2026 | 45,512 | $16,847,177 | 29.5% |
| BORR | June 30, 2025 | 7,617,577 | $16,682,494 | 142.9% |
| MS | Sept. 30, 2025 | 115,346 | $16,247,638 | 36.7% |
| GLBE | June 30, 2025 | 443,782 | $15,820,828 | 24.1% |
| TS | June 30, 2025 | 372,184 | $14,556,116 | 42.9% |
| HLT | June 30, 2025 | 63,773 | $14,511,546 | 25.7% |
| V | March 31, 2025 | 45,558 | $14,398,150 | 5.1% |
| WING | March 31, 2025 | 46,682 | $13,267,024 | -45.7% |
| CLBT | March 31, 2026 | 661,361 | $11,924,339 | -20.0% |
| FUTU | Sept. 30, 2025 | 88,899 | $10,987,027 | -37.3% |
| BCC | Dec. 31, 2025 | 105,673 | $8,170,636 | 12.3% |
| AMZN | June 30, 2025 | 42,855 | $8,153,592 | 18.5% |
| KBR | Dec. 31, 2025 | 162,873 | $7,702,264 | -5.6% |
| PGR | March 31, 2025 | 24,796 | $5,941,370 | -24.5% |
| CMCL | March 31, 2026 | 211,822 | $5,543,382 | No longer tracked |
| HLX | March 31, 2025 | 541,578 | $5,047,507 | 25.8% |
| VEEV | March 31, 2025 | 20,380 | $4,284,895 | 7.7% |
| HWM | June 30, 2025 | 24,108 | $3,127,531 | 55.6% |
| GOLD | June 30, 2025 | 78,970 | $1,535,177 | 102.1% |
| UNH | March 31, 2026 | 4,472 | $1,476,252 | 45.9% |
| ACGL | June 30, 2025 | 5,989 | $576,022 | 10.0% |
| MCHP | Dec. 31, 2025 | 4,587 | $294,577 | 21.6% |
| LULU | March 31, 2026 | 1,205 | $250,411 | -21.7% |
| ATKR | Sept. 30, 2025 | 3,384 | $238,741 | 49.2% |
| BTU | March 31, 2026 | 7,484 | $222,275 | -20.9% |