CITY OF LONDON INVESTMENT MANAGEMENT CO LTD

CIK

1034546

Location

London, X0

Portfolio Value

Mid $1,113,649,804

Diversification

Diversified

Filing Date

Global Rank

#1,657 / 8,622 ▲ 61 · as of Mar 2026

Top Industry

Asset Management 84.9%

3Y Alpha vs SPY

+4.4%

Period ended 4 months ago

Filed May 15, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+80.4%

SPY

+67.9%

Annualised alpha

+2.9%

Max drawdown

−17.0%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

67 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

13.2%

+2.3 pts

Top 5

45.2%

+1.4 pts

Top 10

71.0%

+1.2 pts

HHI

618

Diversified+38

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	84.9%	$945,073,207	62
Technology	11.8%	$131,578,780	3
Communication Services	3.3%	$36,425,512	1
Consumer Cyclical	0.1%	$572,305	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
MQY	Blackrock Muniyield Quality Fund, Inc.	+514,837	524,837	$5,762,710
KYN	Kayne Anderson Energy Infrastructure Fund, Inc.	+468,623	2,707,781	$38,667,112
IIF	Morgan Stanley India Investment Fund, Inc.	+303,762	949,628	$19,543,344
CXE	Mfs High Income Municipal Trust	+280,000	475,885	$1,765,533
TDF	Templeton Dragon Fund Inc	+241,995	8,937,505	$94,826,928
JOF	Japan Smaller Capitalization Fund Inc	+240,995	3,720,009	$40,548,098
USA	Liberty All Star Equity Fund	+233,219	641,600	$3,560,880
BMEZ	BlackRock Health Sciences Term Trust	+185,558	503,273	$7,227,000
EIM	Eaton Vance Municipal Bond Fund	+147,431	229,813	$2,245,273
MYI	Blackrock Muniyield Quality Fund III, Inc.	+136,462	527,505	$5,544,077
MYN	Blackrock Muniyield New York Quality Fund, Inc.	+112,808	225,558	$2,165,356
CMU	Mfs High Yield Municipal Trust	+107,873	676,122	$2,420,516
GHY	PGIM Global High Yield Fund, Inc.	+100,000	290,000	$3,378,500
MEGI	NYLI CBRE Global Infrastructure Megatrends Term Fund	+94,126	113,786	$1,671,516
RA	Brookfield Real Assets Income Fund Inc.	+93,553	393,872	$5,065,193
MXE	Mexico Equity & Income Fund Inc	+85,541	1,227,966	$15,840,761
MHD	Blackrock Muniholdings Fund, Inc.	+81,787	453,034	$5,110,223
NBXG	Neuberger Next Generation Connectivity Fund Inc.	+70,684	1,036,638	$13,341,531
FTHY	First Trust High Yield Opportunities 2027 Term Fund	+53,763	480,847	$6,505,859
GF	New Germany Fund Inc	+34,478	289,545	$2,959,149
FMN	Federated Hermes Premier Municipal Income Fund	+30,000	157,714	$1,723,814
AAPL	Apple Inc.	+28,190	213,551	$54,197,108
SDHY	PGIM Short Duration High Yield Opportunities Fund	+25,000	545,958	$8,746,247
BTO	John Hancock Financial Opportunities Fund	+22,787	30,325	$1,087,757
JFR	Nuveen Floating Rate Income Fund	+20,000	384,140	$2,888,732
No positions match the current search.

Trimmed

Positions the filer reduced

21 positions

Ticker	Company	Δ Shares	Shares	Value
IFN	Aberdeen India Fund, Inc.	−1,173,125	580,623	$6,572,652
BGY	BlackRock Enhanced International Dividend Trust	−682,343	1,186,570	$6,419,343
EMF	Templeton Emerging Markets Fund	−642,767	3,541,856	$61,947,061
NML	Neuberger Energy Infrastructure & Income Fund Inc.	−359,989	2,865,558	$30,117,014
JQC	Nuveen Credit Strategies Income Fund	−350,000	535,847	$2,609,574
BCX	BlackRock Resources & Commodities Strategy Trust	−297,928	40,263	$485,169
BTT	BlackRock Municipal 2030 Target Term Trust	−121,707	541,052	$12,281,880
BGB	Blackstone Strategic Credit 2027 Term Fund	−72,516	118,666	$1,323,125
MXF	Mexico Fund Inc	−55,248	3,241,427	$67,843,067
NVDA	Nvidia Corp	−51,883	357,833	$62,406,075
MMU	Western Asset Managed Municipals Fund Inc.	−43,317	333,471	$3,428,081
AEF	abrdn Emerging Markets ex-China Fund, Inc.	−36,187	11,332,320	$82,612,612
HQH	abrdn Healthcare Investors	−17,824	51,952	$924,226
TWN	Taiwan Fund Inc	−12,876	2,240,059	$147,261,478
VVR	Invesco Senior Income Trust	−10,086	1,098,421	$3,536,915
RVT	Royce Small-Cap Trust, Inc.	−9,000	74,901	$1,243,356
CAF	Morgan Stanley China A Share Fund, Inc.	−6,459	6,110,241	$106,929,217
BTX	BlackRock Technology & Private Equity Term Trust	−6,100	14,900	$98,340
KF	Korea Fund Inc	−4,639	1,600,696	$71,871,250
MSFT	Microsoft Corp	−4,385	40,456	$14,975,597
MELI	Mercadolibre Inc	−144	331	$572,305
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
RLTY	Cohen & Steers Real Estate Opportunities & Income Fund	35,835	$521,040
DPG	Duff & Phelps Utility & Infrastructure Fund Inc.	35,868	$517,933
ETG	Eaton Vance Tax-Advantaged Global Dividend Income Fund	17,811	$358,357
ETO	Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund	9,450	$251,842
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
UTF	Cohen & Steers Infrastructure Fund Inc	293,500	$7,076,285
ASG	Liberty All Star Growth Fund Inc.	124,484	$659,765
CSQ	Calamos Strategic Total Return Fund	13,170	$252,864
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

67 positions · $1,113,649,804 total · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Financial Services Technology

Showing 1–50 of 67 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
TWN	Taiwan Fund Inc Financial Services	Reduced	2,240,059	-12,876	$147,261,478	+22.5%	13.22%
CAF	Morgan Stanley China A Share Fund, Inc. Financial Services	Reduced	6,110,241	-6,459	$106,929,217	+0.7%	9.60%
TDF	Templeton Dragon Fund Inc Financial Services	Added	8,937,505	+241,995	$94,826,928	−3.2%	8.51%
AEF	abrdn Emerging Markets ex-China Fund, Inc. Financial Services	Reduced	11,332,320	-36,187	$82,612,612	+3.8%	7.42%
KF	Korea Fund Inc Financial Services	Reduced	1,600,696	-4,639	$71,871,250	+23.3%	6.45%
MXF	Mexico Fund Inc Financial Services	Reduced	3,241,427	-3,351,923	$67,843,067	−48.9%	6.09%
NVDA	Nvidia Corp Technology	Reduced	357,833	-51,883	$62,406,075	−18.3%	5.60%
EMF	Templeton Emerging Markets Fund Financial Services	Reduced	3,541,856	-642,767	$61,947,061	−13.1%	5.56%
AAPL	Apple Inc. Technology	Added	213,551	+28,190	$54,197,108	+7.6%	4.87%
JOF	Japan Smaller Capitalization Fund Inc Financial Services	Added	3,720,009	+240,995	$40,548,098	+5.2%	3.64%
KYN	Kayne Anderson Energy Infrastructure Fund, Inc. Financial Services	Added	2,707,781	+468,623	$38,667,112	+39.5%	3.47%
GOOGL	Alphabet Inc. Communication Services	Added	126,671	+16,780	$36,425,512	+5.9%	3.27%
NML	Neuberger Energy Infrastructure & Income Fund Inc. Financial Services	Reduced	2,865,558	-359,989	$30,117,014	+9.8%	2.70%
IIF	Morgan Stanley India Investment Fund, Inc. Financial Services	Added	949,628	+303,762	$19,543,344	+21.1%	1.75%
MXE	Mexico Equity & Income Fund Inc Financial Services	Added	1,227,966	+85,541	$15,840,761	+12.0%	1.42%
MSFT	Microsoft Corp Technology	Reduced	40,456	-4,385	$14,975,597	−30.9%	1.34%
NBXG	Neuberger Next Generation Connectivity Fund Inc. Financial Services	Added	1,036,638	+70,684	$13,341,531	−4.4%	1.20%
BTT	BlackRock Municipal 2030 Target Term Trust Financial Services	Reduced	541,052	-121,707	$12,281,880	−18.8%	1.10%
SDHY	PGIM Short Duration High Yield Opportunities Fund Financial Services	Added	545,958	+25,000	$8,746,247	+2.1%	0.79%
PDX	PIMCO Dynamic Income Strategy Fund Financial Services	Held	358,918	0	$7,917,731	+17.5%	0.71%
BMEZ	BlackRock Health Sciences Term Trust Financial Services	Added	503,273	+185,558	$7,227,000	+51.1%	0.65%
KKR	KKR & Co. Inc. Financial Services	Held	73,566	0	$6,804,855	−27.4%	0.61%
IFN	Aberdeen India Fund, Inc. Financial Services	Reduced	580,623	-1,173,125	$6,572,652	−72.7%	0.59%
FTHY	First Trust High Yield Opportunities 2027 Term Fund Financial Services	Added	480,847	+53,763	$6,505,859	+8.3%	0.58%
BGY	BlackRock Enhanced International Dividend Trust Financial Services	Reduced	1,186,570	-682,343	$6,419,343	−41.6%	0.58%
MQY	Blackrock Muniyield Quality Fund, Inc. Financial Services	Added	524,837	+514,837	$5,762,710	+4999.7%	0.52%
MYI	Blackrock Muniyield Quality Fund III, Inc. Financial Services	Added	527,505	+136,462	$5,544,077	+30.4%	0.50%
MHD	Blackrock Muniholdings Fund, Inc. Financial Services	Added	453,034	+81,787	$5,110,223	+17.2%	0.46%
RA	Brookfield Real Assets Income Fund Inc. Financial Services	Added	393,872	+93,553	$5,065,193	+30.1%	0.45%
AFB	Alliancebernstein National Municipal Income Fund Financial Services	Held	453,640	0	$4,849,411	−1.2%	0.44%
CG	Carlyle Group Inc. Financial Services	Held	99,723	0	$4,825,595	−18.1%	0.43%
MUC	Blackrock Muniholdings California Quality Fund, Inc. Financial Services	Held	371,024	0	$3,858,649	−1.9%	0.35%
USA	Liberty All Star Equity Fund Financial Services	Added	641,600	+233,219	$3,560,880	+38.8%	0.32%
VVR	Invesco Senior Income Trust Financial Services	Reduced	1,098,421	-10,086	$3,536,915	−2.4%	0.32%
PML	Pimco Municipal Income Fund II Financial Services	Held	461,349	0	$3,492,411	+0.4%	0.31%
MMU	Western Asset Managed Municipals Fund Inc. Financial Services	Reduced	333,471	-43,317	$3,428,081	−12.9%	0.31%
GHY	PGIM Global High Yield Fund, Inc. Financial Services	Added	290,000	+100,000	$3,378,500	+44.1%	0.30%
GF	New Germany Fund Inc Financial Services	Added	289,545	+34,478	$2,959,149	+1.6%	0.27%
JFR	Nuveen Floating Rate Income Fund Financial Services	Added	384,140	+20,000	$2,888,732	+1.3%	0.26%
BX	Blackstone Inc. Financial Services	Held	23,849	0	$2,742,396	−25.4%	0.25%
JQC	Nuveen Credit Strategies Income Fund Financial Services	Reduced	535,847	-350,000	$2,609,574	−41.3%	0.23%
CMU	Mfs High Yield Municipal Trust Financial Services	Added	676,122	+107,873	$2,420,516	+21.4%	0.22%
JGH	Nuveen Global High Income Fund Financial Services	Held	186,000	0	$2,272,920	−3.1%	0.20%
EIM	Eaton Vance Municipal Bond Fund Financial Services	Added	229,813	+147,431	$2,245,273	+180.1%	0.20%
MYN	Blackrock Muniyield New York Quality Fund, Inc. Financial Services	Added	225,558	+112,808	$2,165,356	+93.8%	0.19%
CXE	Mfs High Income Municipal Trust Financial Services	Added	475,885	+280,000	$1,765,533	+143.6%	0.16%
PCQ	Pimco California Municipal Income Fund Financial Services	Held	201,590	0	$1,729,642	−1.7%	0.16%
FMN	Federated Hermes Premier Municipal Income Fund Financial Services	Added	157,714	+30,000	$1,723,814	+21.5%	0.15%
LEO	Bny Mellon Strategic Municipals, Inc. Financial Services	Held	270,829	0	$1,703,514	−1.1%	0.15%
MEGI	NYLI CBRE Global Infrastructure Megatrends Term Fund Financial Services	Added	113,786	+94,126	$1,671,516	+517.9%	0.15%