Orbis Allan Gray Ltd

CIK

1663865

Location

HamiltoN, D0

Portfolio Value

Large $23,706,333,854

Diversification

Diversified

Filing Date

Global Rank

#249 / 8,588 ▲ 1

Top Industry

Biotechnology 10.7%

3Y Alpha vs SPY

-4.7%

Period ended 3 months ago

Filed May 15, 2026 · 33d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+58.2%

SPY

+78.1%

Annualised alpha

-4.7%

Max drawdown

−22.0%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

6.6%

−0.3 pts

Top 5

23.0%

−0.4 pts

Top 10

37.8%

+0.0 pts

HHI

251

Diversified−3

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Industrials	16.5%	$3,909,384,139	12
Healthcare	16.1%	$3,822,064,816	11
Communication Services	12.9%	$3,054,760,248	9
Technology	12.5%	$2,954,362,854	9
Basic Materials	11.0%	$2,604,737,282	10
Energy	9.1%	$2,167,722,052	9
Consumer Cyclical	7.0%	$1,664,709,561	12
Financial Services	6.1%	$1,442,104,954	8
Consumer Defensive	4.7%	$1,121,917,118	6
Real Estate	2.4%	$559,459,777	2
Unclassified	0.9%	$203,892,915	1
Utilities	0.8%	$201,218,138	2

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
EQT	EQT Corp	+8,633,628	12,112,733	$770,854,327
NBIS	Nebius Group N.V.	+4,979,408	8,314,766	$862,740,120
AR	ANTERO RESOURCES Corp	+4,127,938	4,872,046	$206,769,631
MICC	Magnum Ice Cream Co N.V.	+3,807,246	4,254,860	$63,610,156
BRKR	Bruker Corp	+3,033,346	17,940,076	$647,995,544
SHEL	Shell plc	+2,637,355	4,113,710	$382,575,030
TBBB	Bbb Foods Inc	+2,357,712	5,646,435	$199,714,405
FSV	FirstService Corp	+1,983,550	3,968,227	$551,345,458
DEO	Diageo PLC	+1,962,748	3,700,094	$275,471,998
DYN	Dyne Therapeutics, Inc.	+1,960,303	6,762,231	$122,599,247
RXO	RXO, Inc.	+1,720,219	36,397,974	$532,138,379
NU	Nu Holdings Ltd.	+1,558,863	5,482,567	$78,784,487
PRAX	Praxis Precision Medicines, Inc.	+1,217,318	2,472,480	$796,608,330
VALE	Vale S.A.	+1,130,319	19,372,500	$308,216,475
HDB	Hdfc Bank Ltd	+1,087,063	1,787,896	$44,482,852
CX	Cemex Sab De CV	+1,009,689	37,142,422	$424,909,307
BUR	Burford Capital Ltd	+968,904	13,020,448	$58,852,424
WLK	Westlake Corp	+906,884	5,293,519	$618,388,888
AM	Antero Midstream Corp	+852,427	2,262,431	$51,583,426
KMI	Kinder Morgan, Inc.	+758,127	11,308,464	$379,172,797
SRRK	Scholar Rock Holding Corp	+751,054	4,179,983	$205,487,963
MSI	Motorola Solutions, Inc.	+586,872	1,869,937	$811,496,558
PDD	PDD Holdings Inc.	+575,721	1,744,048	$178,206,823
CPAY	Corpay, Inc.	+357,457	5,345,425	$1,555,465,219
STE	STERIS plc	+343,401	2,592,912	$573,370,629
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
ITUB	Itau Unibanco Holding S.A.	−12,412,943	69,269,672	$580,479,850
QXO	QXO, Inc.	−11,533,149	73,951,325	$1,436,134,731
AES	Aes Corp	−9,069,753	12,247,581	$172,568,416
FBIN	Fortune Brands Innovations, Inc.	−6,497,760	774,529	$30,183,395
VIPS	Vipshop Holdings Ltd	−5,597,783	5,217,165	$82,013,833
IBKR	Interactive Brokers Group, Inc.	−3,155,690	6,118,045	$410,337,278
INSM	INSMED Inc	−2,307,133	1,872,824	$306,244,179
IQV	Iqvia Holdings Inc.	−1,682,843	218,248	$37,220,013
BTI	British American Tobacco p.l.c.	−1,594,933	7,705,968	$450,567,948
GMAB	Genmab A/S	−1,492,884	12,925,578	$346,793,257
MNSO	MINISO Group Holding Ltd	−1,216,285	576,588	$9,340,725
NEM	NEWMONT Corp /DE/	−1,152,094	5,170,675	$559,725,568
ELV	Elevance Health, Inc.	−1,061,755	183,191	$53,629,165
GFI	Gold Fields Ltd	−1,017,375	1,443,998	$65,557,509
SE	Sea Ltd	−871,693	1,844,162	$152,715,055
MRVL	Marvell Technology, Inc.	−674,541	230,118	$22,793,187
B	Barrick Mining Corp	−661,668	6,020,532	$245,577,499
WPM	Wheaton Precious Metals Corp.	−501,127	522,797	$68,491,634
NCMI	National CineMedia, Inc.	−385,847	9,138,042	$27,871,028
FNV	FRANCO NEVADA Corp	−329,750	1,079,439	$266,675,404
ALNY	Alnylam Pharmaceuticals, Inc.	−283,394	1,334,825	$441,653,547
R	Ryder System Inc	−262,906	711,714	$145,694,972
XPO	XPO, Inc.	−243,497	3,409,092	$663,238,848
DAO	Youdao, Inc.	−205,134	6,738,724	$66,241,656
SW	Smurfit Westrock plc	−181,814	13,775,054	$548,935,901
No positions match the current search.

New Positions

Positions the filer opened this quarter

10 positions

Ticker	Company	Shares	Value
NVDA	Nvidia Corp	2,089,904	$364,479,257
RHI	Robert Half Inc.	7,545,564	$191,657,324
EAT	Brinker International, Inc	927,512	$132,420,888
RRC	Range Resources Corp	2,706,746	$122,290,783
CARG	CarGurus, Inc.	2,333,259	$79,447,468
TRU	TransUnion	584,722	$40,456,915
AAL	American Airlines Group Inc.	2,195,566	$23,580,378
CNX	CNX Resources Corp	343,305	$13,234,407
LOMA	Loma Negra Compania Industrial Argentina Sociedad Anonima	1,051,245	$11,658,306
IRS	Irsa Investments & Representations Inc	500,575	$8,114,319
No positions match the current search.

Sold Out

Positions the filer fully exited

8 positions

Ticker	Company	Shares	Value
UNH	Unitedhealth Group Inc	2,581,182	$852,073,989
ICLR	Icon PLC	4,214,661	$767,995,527
BTU	Peabody Energy Corp	4,397,530	$130,606,640
OLN	OLIN Corp	3,804,561	$79,249,005
LULU	lululemon athletica inc.	93,221	$19,372,255
INTC	Intel Corp	495,099	$18,269,153
CLBT	Cellebrite DI Ltd.	670,613	$12,091,151
CMCL	Caledonia Mining Corp Plc	211,822	$5,543,381
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

91 positions · $23,706,333,854 total · as of Mar 31, 2026

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

Showing 1–50 of 91 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Held	5,044	0	$1,704,619	+11.2%	0.01%
G	Genpact LTD Technology	Reduced	173,581	-26,664	$6,465,892	−31.0%	0.03%
IRS	Irsa Investments & Representations Inc Real Estate	NEW	500,575	NEW	$8,114,319	NEW	0.03%
MNSO	MINISO Group Holding Ltd Consumer Cyclical	Reduced	576,588	-1,216,285	$9,340,725	−72.2%	0.04%
LOMA	Loma Negra Compania Industrial Argentina Sociedad Anonima Basic Materials	NEW	1,051,245	NEW	$11,658,306	NEW	0.05%
CNX	CNX Resources Corp Energy	NEW	343,305	NEW	$13,234,407	NEW	0.06%
MSFT	Microsoft Corp Technology	Added	45,512	+407	$16,847,177	−22.8%	0.07%
BIDU	Baidu, Inc. Communication Services	Reduced	190,705	-64,036	$21,248,351	−36.2%	0.09%
MRVL	Marvell Technology, Inc. Technology	Reduced	230,118	-674,541	$22,793,187	−70.4%	0.10%
AAL	American Airlines Group Inc. Industrials	NEW	2,195,566	NEW	$23,580,378	NEW	0.10%
NCMI	National CineMedia, Inc. Communication Services	Reduced	9,138,042	-385,847	$27,871,028	−24.8%	0.12%
HNRG	Hallador Energy Co Utilities	Added	1,759,811	+269,663	$28,649,722	+1.0%	0.12%
FBIN	Fortune Brands Innovations, Inc. Industrials	Reduced	774,529	-6,497,760	$30,183,395	−91.7%	0.13%
MCS	Marcus Corp Communication Services	Added	1,962,585	+46,820	$33,697,583	+13.4%	0.14%
SLGN	Silgan Holdings Inc Consumer Cyclical	Added	900,180	+11,460	$34,926,984	−2.6%	0.15%
AU	AngloGold Ashanti PLC Basic Materials	Reduced	365,003	-62,888	$35,536,692	−2.6%	0.15%
KB	KB Financial Group Inc. Financial Services	Reduced	360,611	-18,174	$35,963,735	+10.3%	0.15%
IQV	Iqvia Holdings Inc. Healthcare	Reduced	218,248	-1,682,843	$37,220,013	−91.3%	0.16%
PTLO	Portillo's Inc. Consumer Cyclical	Added	7,068,224	+73,380	$37,390,904	+17.7%	0.16%
TRU	TransUnion Financial Services	NEW	584,722	NEW	$40,456,915	NEW	0.17%
GNRC	Generac Holdings Inc. Industrials	Added	209,631	+7,413	$40,947,222	+48.5%	0.17%
BAH	Booz Allen Hamilton Holding Corp Industrials	Reduced	558,577	-8,967	$43,585,762	−9.0%	0.18%
HDB	Hdfc Bank Ltd Financial Services	Added	1,787,896	+1,087,063	$44,482,852	+73.7%	0.19%
EME	EMCOR Group, Inc. Industrials	Added	61,127	+8,444	$45,130,674	+40.0%	0.19%
MAR	Marriott International Inc /Md/ Consumer Cyclical	Reduced	148,713	-160,928	$48,639,560	−49.4%	0.21%
NKE	NIKE, Inc. Consumer Cyclical	Added	947,893	+275,595	$50,067,708	+16.9%	0.21%
AM	Antero Midstream Corp Energy	Added	2,262,431	+852,427	$51,583,426	+105.6%	0.22%
ELV	Elevance Health, Inc. Healthcare	Reduced	183,191	-1,061,755	$53,629,165	−87.7%	0.23%
BUR	Burford Capital Ltd Financial Services	Added	13,020,448	+968,904	$58,852,424	−45.3%	0.25%
ON	On Semiconductor Corp Technology	Added	951,446	+105,665	$58,913,535	+28.6%	0.25%
BWXT	BWX Technologies, Inc. Industrials	Reduced	298,373	-11,143	$61,014,294	+14.1%	0.26%
MICC	Magnum Ice Cream Co N.V. Consumer Defensive	Added	4,254,860	+3,807,246	$63,610,156	+796.6%	0.27%
GFI	Gold Fields Ltd Basic Materials	Reduced	1,443,998	-1,017,375	$65,557,509	−39.0%	0.28%
DAO	Youdao, Inc. Consumer Defensive	Reduced	6,738,724	-205,134	$66,241,656	−5.4%	0.28%
EDU	New Oriental Education & Technology Group Inc. Consumer Defensive	Added	1,170,951	+333,400	$66,310,955	+43.9%	0.28%
WPM	Wheaton Precious Metals Corp. Basic Materials	Reduced	522,797	-501,127	$68,491,634	−43.1%	0.29%
NU	Nu Holdings Ltd. Financial Services	Added	5,482,567	+1,558,863	$78,784,487	+19.9%	0.33%
CARG	CarGurus, Inc. Consumer Cyclical	NEW	2,333,259	NEW	$79,447,468	NEW	0.34%
VIPS	Vipshop Holdings Ltd Consumer Cyclical	Reduced	5,217,165	-5,597,783	$82,013,833	−57.1%	0.35%
ENB	Enbridge Inc Energy	Added	1,671,788	+231,889	$90,510,602	+31.4%	0.38%
SYNA	SYNAPTICS Inc Technology	Added	1,659,015	+122,787	$116,197,410	+2.2%	0.49%
RRC	Range Resources Corp Energy	NEW	2,706,746	NEW	$122,290,783	NEW	0.52%
DYN	Dyne Therapeutics, Inc. Healthcare	Added	6,762,231	+1,960,303	$122,599,247	+30.5%	0.52%
EAT	Brinker International, Inc Consumer Cyclical	NEW	927,512	NEW	$132,420,888	NEW	0.56%
R	Ryder System Inc Industrials	Reduced	711,714	-262,906	$145,694,972	−21.9%	0.61%
CRC	California Resources Corp Energy	Added	2,177,565	+250,796	$150,731,049	+75.0%	0.64%
SE	Sea Ltd Consumer Cyclical	Reduced	1,844,162	-871,693	$152,715,055	−55.9%	0.64%
AES	Aes Corp Utilities	Reduced	12,247,581	-9,069,753	$172,568,416	−43.5%	0.73%
PDD	PDD Holdings Inc. Consumer Cyclical	Added	1,744,048	+575,721	$178,206,823	+34.5%	0.75%
RHI	Robert Half Inc. Industrials	NEW	7,545,564	NEW	$191,657,324	NEW	0.81%