Ruffer LLP

CIK

1426859

Location

London, X0

Portfolio Value

Mid $2,775,593,823

Diversification

Diversified

Filing Date

Global Rank

#1,106 / 8,700 ▲ 171

Top Industry

Internet Retail 13.0%

Period ended 2 months ago

Filed Jul 30, 2026 · 44d

26 quarters · since Mar 2020

Portfolio Concentration

185 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

7.1%

−2.9 pts

Top 5

24.3%

−6.6 pts

Top 10

36.3%

−11.4 pts

HHI

218

Diversified−103

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Consumer Cyclical	28.0%	$776,603,948	41
Energy	14.8%	$410,670,967	22
Technology	13.0%	$361,765,349	28
Basic Materials	12.8%	$354,022,404	30
Financial Services	12.0%	$334,016,246	18
Industrials	5.2%	$144,082,473	13
Healthcare	4.9%	$136,424,643	9
Communication Services	4.8%	$132,242,480	8
Consumer Defensive	2.4%	$65,674,906	13
Real Estate	1.9%	$53,116,147	2
Utilities	0.3%	$6,974,260	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
OGG	Osisko Gold Group Inc.	+1,633,601	2,591,180	$6,374,302
VG	Venture Global, Inc.	+1,328,198	1,789,003	$19,911,603
CDE	Coeur Mining, Inc.	+784,716	1,168,748	$19,073,967
EQX	Equinox Gold Corp.	+609,593	4,736,428	$46,038,080
KGC	Kinross Gold Corp	+541,739	874,179	$20,648,107
ITRG	Integra Resources Corp.	+448,478	4,433,503	$10,064,051
WBD	Warner Bros. Discovery, Inc.	+359,418	920,507	$24,540,716
MICC	Magnum Ice Cream Co N.V.	+327,041	1,082,605	$18,848,153
AMZN	Amazon Com Inc	+267,591	829,118	$197,611,984
INFY	Infosys Ltd	+240,734	545,691	$5,724,298
BKNG	Booking Holdings Inc.	+209,849	215,996	$38,499,127
DIS	Walt Disney Co	+150,535	211,815	$20,387,193
G	Genpact LTD	+143,900	252,992	$6,957,280
MSFT	Microsoft Corp	+141,427	454,873	$169,676,726
FND	Floor & Decor Holdings, Inc.	+134,765	1,235,490	$73,338,686
SIG	Signet Jewelers Ltd	+132,643	360,278	$31,055,963
EXP	Eagle Materials Inc	+121,317	131,978	$29,695,050
RRR	Red Rock Resorts, Inc.	+107,601	154,858	$10,075,061
DT	Dynatrace, Inc.	+98,422	211,477	$9,285,955
BABA	Alibaba Group Holding Ltd	+93,840	1,265,069	$121,421,322
TNL	Travel & Leisure Co.	+76,006	83,502	$6,382,057
CTSH	Cognizant Technology Solutions Corp	+73,357	142,641	$5,524,485
BRK-B	Berkshire Hathaway Inc	+63,990	72,990	$36,523,466
AVT	Avnet Inc	+61,216	65,939	$5,856,701
SSNC	SS&C Technologies Holdings Inc	+58,487	117,022	$7,261,215
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
COIN	Coinbase Global, Inc.	−936,990	499,000	$72,948,810
BP	Bp PLC	−473,066	1,624,940	$60,041,533
SW	Smurfit Westrock plc	−347,308	2,438,889	$112,823,005
ARIS	Aris Mining Corp	−267,004	1,605,529	$23,938,437
DHT	DHT Holdings, Inc.	−254,292	11,445	$189,185
GAU	Galiano Gold Inc.	−230,000	12,994,532	$24,299,774
CGAU	Centerra Gold Inc.	−226,583	504,233	$7,997,135
EGO	Eldorado Gold Corp /Fi	−225,329	674,029	$20,955,561
SLB	Slb Limited/Nv	−200,552	1,341,534	$62,367,915
PAGS	PagSeguro Digital Ltd.	−187,130	12,095	$109,459
SSRM	Ssr Mining Inc.	−148,504	583,120	$16,490,633
B	Barrick Mining Corp	−139,651	431,774	$15,859,059
MHK	Mohawk Industries Inc	−128,080	16,220	$1,967,972
SKE	Skeena Resources Ltd	−115,170	283,866	$7,567,867
PAAS	Pan American Silver Corp	−109,558	60,745	$2,720,768
SOLV	Solventum Corp	−83,525	776,468	$59,904,506
GE	General Electric Co	−75,640	42,402	$15,846,899
IFF	International Flavors & Fragrances Inc	−63,316	228,297	$18,085,688
LTH	Life Time Group Holdings, Inc.	−63,151	52,084	$2,127,110
AU	AngloGold Ashanti PLC	−51,333	46,895	$3,793,336
DINO	HF Sinclair Corp	−34,024	41,146	$2,865,818
SNX	Td Synnex Corp	−33,316	5,347	$1,429,466
FRO	Frontline plc	−33,183	85,969	$2,990,861
ARW	Arrow Electronics, Inc.	−32,575	1,170	$249,689
UNP	Union Pacific Corp	−29,237	140,019	$38,085,168
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
NTES	NetEase, Inc.	487,913	$62,521,171
YMM	Full Truck Alliance Co. Ltd.	5,724,180	$46,480,341
TCOM	Trip.com Group Ltd	1,075,096	$42,831,824
JD	JD.com, Inc.	1,537,181	$39,167,371
EXE	EXPAND ENERGY Corp	420,557	$38,350,592
SPGI	S&P Global Inc.	93,768	$38,187,954
TTE	TotalEnergies SE	474,930	$36,930,556
SCHW	Schwab Charles Corp	358,432	$33,072,520
ABNB	Airbnb, Inc.	139,870	$20,015,397
FLR	Fluor Corp	375,643	$19,679,936
WSE	Wise Group plc	1,415,047	$16,853,209
OGC	OceanaGold Corp	667,801	$16,748,449
ALV	Autoliv Inc	137,005	$15,915,870
AEM	Agnico Eagle Mines Ltd	63,411	$9,836,948
ADM	Archer-Daniels-Midland Co	96,890	$7,402,396
DTM	DT Midstream, Inc.	49,640	$7,284,173
DVN	Devon Energy Corp/De	171,460	$7,084,727
PNW	Pinnacle West Capital Corp	65,180	$6,974,260
GFI	Gold Fields Ltd	200,640	$6,739,497
SOBO	South Bow Corp	179,920	$6,340,380
HAPN	Happen, Inc.	298,095	$6,182,490
JAZZ	Jazz Pharmaceuticals plc	24,567	$5,919,909
STRA	Strategic Education, Inc.	74,454	$5,704,665
CNQ	CANADIAN NATURAL RESOURCES Ltd	136,720	$5,400,440
PRDO	PERDOCEO EDUCATION Corp	122,534	$3,921,088
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
BF-B	Brown Forman Corp	5,463,752	$144,461,602
UHAL	U-Haul Holding Co /NV/	299,133	$13,362,271
KGS	Kodiak Gas Services, Inc.	147,870	$8,623,778
NFG	National Fuel Gas Co	82,360	$7,738,545
LYB	LyondellBasell Industries N.V.	77,910	$6,276,429
CSX	Csx Corp	148,210	$6,084,020
EXEL	Exelixis, Inc.	117,923	$5,057,717
FLNG	Flex LNG Ltd.	144,610	$4,296,363
SMPL	Simply Good Foods Co	299,062	$4,291,539
LIN	Linde PLC	8,560	$4,243,705
GM	General Motors Co	54,616	$4,068,892
DD	DuPont de Nemours, Inc.	88,140	$4,036,811
SFL	SFL Corp Ltd.	350,080	$3,777,363
GTX	Garrett Motion Inc.	205,949	$3,742,093
PBI	Pitney Bowes Inc /De/	328,645	$3,631,527
ESI	Element Solutions Inc	105,820	$3,612,694
ASH	Ashland Inc.	64,533	$3,588,680
VIRT	Virtu Financial, Inc.	81,146	$3,568,801
HRMY	Harmony Biosciences Holdings, Inc.	104,658	$2,931,470
ANF	Abercrombie & Fitch Co /De/	30,270	$2,765,769
INDV	Indivior Pharmaceuticals, Inc.	90,247	$2,750,728
VVV	Valvoline Inc	80,326	$2,705,379
SGHC	Super Group (SGHC) Ltd	248,002	$2,678,421
W	Wayfair Inc.	31,465	$2,366,482
FBIN	Fortune Brands Innovations, Inc.	58,029	$2,261,390
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

185 tracked positions · $2,775,593,823 total · filing declares 187 positions · $2,828,353,027 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 185 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AMZN	Amazon Com Inc Consumer Cyclical	Added	829,118	+267,591	$197,611,984	+69.0%	7.12%
MSFT	Microsoft Corp Technology	Added	454,873	+141,427	$169,676,726	+46.2%	6.11%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Added	1,265,069	+93,840	$121,421,322	−17.4%	4.37%
SW	Smurfit Westrock plc Consumer Cyclical	Reduced	2,438,889	-347,308	$112,823,005	+1.6%	4.06%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	1,304,202	-11,658	$74,313,429	+15.8%	2.68%
FND	Floor & Decor Holdings, Inc. Consumer Cyclical	Added	1,235,490	+134,765	$73,338,686	+31.2%	2.64%
COIN	Coinbase Global, Inc. Financial Services	Reduced	499,000	-936,990	$72,948,810	−70.9%	2.63%
NTES	NetEase, Inc. Communication Services	NEW	487,913	NEW	$62,521,171	NEW	2.25%
SLB	Slb Limited/Nv Energy	Reduced	1,341,534	-200,552	$62,367,915	−21.3%	2.25%
BP	Bp PLC Energy	Reduced	1,624,940	-473,066	$60,041,533	−39.1%	2.16%
SOLV	Solventum Corp Healthcare	Reduced	776,468	-83,525	$59,904,506	+6.7%	2.16%
SU	Suncor Energy Inc Energy	Added	1,009,746	+5,684	$54,203,165	−18.3%	1.95%
LAMR	Lamar Advertising Co/New Real Estate	Reduced	338,207	-283	$52,753,527	+23.0%	1.90%
YMM	Full Truck Alliance Co. Ltd. Technology	NEW	5,724,180	NEW	$46,480,341	NEW	1.67%
EQX	Equinox Gold Corp. Basic Materials	Added	4,736,428	+609,593	$46,038,080	−22.9%	1.66%
XOM	ExxonMobil Holdings Corp Energy	Reduced	314,224	-7,482	$42,960,705	−21.3%	1.55%
TCOM	Trip.com Group Ltd Consumer Cyclical	NEW	1,075,096	NEW	$42,831,824	NEW	1.54%
JD	JD.com, Inc. Consumer Cyclical	NEW	1,537,181	NEW	$39,167,371	NEW	1.41%
BKNG	Booking Holdings Inc. Consumer Cyclical	Added	215,996	+209,849	$38,499,127	+48.8%	1.39%
EXE	EXPAND ENERGY Corp Energy	NEW	420,557	NEW	$38,350,592	NEW	1.38%
SPGI	S&P Global Inc. Financial Services	NEW	93,768	NEW	$38,187,954	NEW	1.38%
UNP	Union Pacific Corp Industrials	Reduced	140,019	-29,237	$38,085,168	−7.3%	1.37%
TTE	TotalEnergies SE Energy	NEW	474,930	NEW	$36,930,556	NEW	1.33%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	72,990	+63,990	$36,523,466	+746.9%	1.32%
PNC	Pnc Financial Services Group, Inc. Financial Services	Reduced	145,485	-1,910	$35,821,316	+16.8%	1.29%
CP	Canadian Pacific Kansas City Ltd/Cn Industrials	Added	386,182	+11,640	$33,462,670	+13.6%	1.21%
SCHW	Schwab Charles Corp Financial Services	NEW	358,432	NEW	$33,072,520	NEW	1.19%
VIST	Vista Energy, S.A.B. de C.V. Energy	Reduced	518,201	-14,719	$33,061,223	−17.8%	1.19%
SIG	Signet Jewelers Ltd Consumer Cyclical	Added	360,278	+132,643	$31,055,963	+61.2%	1.12%
EXP	Eagle Materials Inc Basic Materials	Added	131,978	+121,317	$29,695,050	+1370.3%	1.07%
PFE	Pfizer Inc Healthcare	Reduced	1,126,006	-23,747	$27,114,224	−16.0%	0.98%
WBD	Warner Bros. Discovery, Inc. Communication Services	Added	920,507	+359,418	$24,540,716	+59.3%	0.88%
GAU	Galiano Gold Inc. Basic Materials	Reduced	12,994,532	-230,000	$24,299,774	−26.8%	0.88%
ARIS	Aris Mining Corp Basic Materials	Reduced	1,605,529	-267,004	$23,938,437	−31.2%	0.86%
EGO	Eldorado Gold Corp /Fi Basic Materials	Reduced	674,029	-225,329	$20,955,561	−32.1%	0.75%
KGC	Kinross Gold Corp Basic Materials	Added	874,179	+541,739	$20,648,107	+103.5%	0.74%
DIS	Walt Disney Co Communication Services	Added	211,815	+150,535	$20,387,193	+245.2%	0.73%
ABNB	Airbnb, Inc. Consumer Cyclical	NEW	139,870	NEW	$20,015,397	NEW	0.72%
VG	Venture Global, Inc. Energy	Added	1,789,003	+1,328,198	$19,911,603	+174.2%	0.72%
FLR	Fluor Corp Industrials	NEW	375,643	NEW	$19,679,936	NEW	0.71%
COO	Cooper Companies, Inc. Healthcare	Added	268,591	+52,420	$19,260,660	+24.6%	0.69%
CDE	Coeur Mining, Inc. Basic Materials	Added	1,168,748	+784,716	$19,073,967	+164.6%	0.69%
MICC	Magnum Ice Cream Co N.V. Consumer Defensive	Added	1,082,605	+327,041	$18,848,153	+66.9%	0.68%
IFF	International Flavors & Fragrances Inc Basic Materials	Reduced	228,297	-63,316	$18,085,688	−14.5%	0.65%
WSE	Wise Group plc Technology	NEW	1,415,047	NEW	$16,853,209	NEW	0.61%
OGC	OceanaGold Corp Basic Materials	NEW	667,801	NEW	$16,748,449	NEW	0.60%
SSRM	Ssr Mining Inc. Basic Materials	Reduced	583,120	-148,504	$16,490,633	−23.3%	0.59%
ALV	Autoliv Inc Consumer Cyclical	NEW	137,005	NEW	$15,915,870	NEW	0.57%
B	Barrick Mining Corp Basic Materials	Reduced	431,774	-139,651	$15,859,059	−32.0%	0.57%
GE	General Electric Co Industrials	Reduced	42,402	-75,640	$15,846,899	−52.7%	0.57%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.