Stenham Asset Management (UK) Plc

CIK 2093782 · View on SEC EDGAR ↗

Portfolio value
$89.8M
#8,429 of 9,443 by 13F value · top 89.3%
Positions
16
As of
Dec. 31, 2025 Data as of Q4 2025

Portfolio value QoQ: -12.8% 13F does not disclose cash

Top 10 holdings weight
72.35%
Top 25 holdings weight
100.00%
Positions above 1%
16
Effective number of positions
14.7

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

Turnover Q4 2025: 2.34% Est. buys $2,254,595 · sells $15,996,931

New positions
0
Increased
4
Decreased
11
Closed
1

Put-notional exposure: 11.2% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets

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Performance vs S&P 500

Tracked Q3 2025–Q4 2025
-0.7%
S&P 500 total return (same window)
+4.0%
Excess return
-4.7%

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: 100.0% · Options excluded: 9.0%

Sector breakdown

Technology
31.8%
Industrials
16.4%
Financial Services
16.2%
Consumer Discretionary
11.9%
Retail
7.6%
Healthcare
6.4%
Financials
5.3%
Communication Services
4.4%

Full portfolio 16 positions

Type Streak 8Q trend
TSM Taiwan Semiconductor Manufacturing Company Ltd. $10,028,370 11.17% 33,000 Put option $811,800
TSM Taiwan Semiconductor Manufacturing Company Ltd. $7,658,028 8.53% 25,200 $-930,140 Down ×1
MSFT Microsoft Corporation - Common Stock $7,109,214 7.92% 14,700 $-1,695,936 Down ×1
AMZN Amazon.com, Inc. - Common Stock $6,855,354 7.64% 29,700 $48,684 Down ×1
UNP Union Pacific Corporation Common Stock $6,457,853 7.19% 27,917 $-409,799 Down ×1
HLT Hilton Worldwide Holdings Inc. Common Stock $5,788,088 6.45% 20,150 $119,324 Down ×1
DHR Danaher Corporation Common Stock $5,757,338 6.41% 25,150 $-289,592 Down ×1
V Visa Inc. $5,190,508 5.78% 14,800 $1,128,086 Up ×1
MA Mastercard Incorporated Common Stock $5,166,464 5.76% 9,050 $-2,825,316 Down ×1
RACE Ferrari N.V. Common Shares $4,933,626 5.50% 13,350 $-1,155,885 Up ×1
AFG American Financial Group, Inc. Common Stock $4,742,796 5.28% 34,700 $-1,275,440 Down ×1
FERG Ferguson Enterprises Inc. Common Stock $4,497,126 5.01% 20,200 $544,518 Up ×1
CME CME Group Inc. - Class A Common Stock $4,191,778 4.67% 15,350 $-644,623 Down ×1
META Meta Platforms, Inc. - Class A Common Stock $3,927,536 4.38% 5,950 $-38,116 Up ×1
SNPS Synopsys, Inc. - Common Stock $3,734,274 4.16% 7,950 $-459,541 Down ×1
GE GE Aerospace Common Stock $3,727,163 4.15% 12,100 $-1,040,834 Down ×1

Top movers (QoQ)

Security Action Shares Δ Value Δ
MA Trimmed -5K -$2.8M
MSFT Trimmed -2K -$1.7M
AFG Trimmed -7K -$1.3M
RACE Bought more +800 -$1.2M
V Bought more +3K +$1.1M
GE Trimmed -4K -$1.0M
TSM Trimmed -6K -$930K
TSM Price move only +0 +$812K
CME Trimmed -3K -$645K
FERG Bought more +3K +$545K

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
ZTS Dec. 31, 2025 34,550 $5,055,356 -39.1%