TPI Fund Managers Ltd

CIK

1785438

Location

LONDON, X0

Portfolio Value

Small $513,662,047

Diversification

Diversified

Filing Date

Global Rank

#1,813 / 6,728 ▼ 118 · as of Jun 2022

Top Industry

Healthcare Plans 11.5%

3Y Alpha vs SPY

-8.8%

Period ended 4 years ago

Filed Aug 8, 2022 · 3y

10 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

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

Cloned portfolio

+40.6%

SPY

+76.0%

Annualised alpha

-8.7%

Max drawdown

−13.6%

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

31 positions · as of Jun 30, 2022 · Δ vs Mar 31, 2022

Top Position

9.5%

+0.6 pts

Top 5

32.3%

+0.8 pts

Top 10

52.3%

+1.6 pts

HHI

422

Diversified+29

Portfolio Trend

10 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2022

Sector	% Portfolio	Value	Positions
Financial Services	31.4%	$161,450,575	9
Healthcare	27.6%	$141,935,341	7
Technology	22.6%	$116,112,244	6
Consumer Cyclical	9.9%	$50,775,191	4
Industrials	4.1%	$20,854,353	3
Real Estate	2.6%	$13,274,322	1
Basic Materials	1.8%	$9,260,021	1

Last Quarter's Activity

Export CSV

Jun 30, 2022 vs Mar 31, 2022

Added To

Positions the filer increased

12 positions

Ticker	Company	Δ Shares	Shares	Value
WH	Wyndham Hotels & Resorts, Inc.	+65,192	204,681	$13,451,635
YUM	Yum Brands Inc	+15,696	168,967	$19,179,444
AMAT	Applied Materials Inc /De	+11,030	48,193	$4,384,599
ADBE	Adobe Inc.	+9,013	34,191	$12,515,957
MA	Mastercard Inc	+8,135	53,398	$16,846,001
UNP	Union Pacific Corp	+7,058	47,949	$10,226,562
NKE	NIKE, Inc.	+6,576	55,255	$5,647,061
SCHW	Schwab Charles Corp	+5,881	242,153	$15,299,226
SPGI	S&P Global Inc.	+3,617	41,921	$13,367,919
AMT	American Tower Corp /Ma/	+1,635	51,936	$13,274,322
IQV	Iqvia Holdings Inc.	+1,590	61,692	$13,386,547
MCO	Moodys Corp /De/	+223	49,741	$13,528,059
No positions match the current search.

Trimmed

Positions the filer reduced

19 positions

Ticker	Company	Δ Shares	Shares	Value
ADI	Analog Devices Inc	−153,676	132,438	$19,347,867
TJX	Tjx Companies Inc /De/	−40,772	223,761	$12,497,051
ALLE	Allegion plc	−20,939	68,960	$6,751,184
UNH	Unitedhealth Group Inc	−11,485	63,406	$32,567,223
ELV	Elevance Health, Inc.	−11,183	55,425	$26,746,996
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−5,554	175,736	$14,366,418
MS	Morgan Stanley	−5,280	188,705	$14,352,902
V	Visa Inc.	−4,577	144,857	$28,520,894
MRSH	Marsh & Mclennan Companies, Inc.	−3,569	143,838	$22,330,849
RVTY	Revvity, Inc.	−2,551	80,700	$11,477,154
JNJ	Johnson & Johnson	−2,431	164,132	$29,135,071
MSFT	Microsoft Corp	−2,072	189,992	$48,795,645
AON	Aon plc	−1,756	62,399	$16,827,762
ICE	Intercontinental Exchange, Inc.	−1,070	216,684	$20,376,963
SHW	Sherwin Williams Co	−931	41,356	$9,260,021
MDT	Medtronic plc	−821	78,870	$7,078,582
BLD	QXO Insulation, LLC	−732	23,191	$3,876,607
TMO	Thermo Fisher Scientific Inc.	−364	39,655	$21,543,768
ACN	Accenture plc	−126	60,154	$16,701,758
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
KMX	Carmax Inc	183,570	$17,710,833
META	Meta Platforms, Inc.	62,848	$13,974,881
CRM	Salesforce, Inc.	63,054	$13,387,625
ADSK	Autodesk, Inc.	23,232	$4,979,779
RYAAY	Ryanair Holdings PLC	28,821	$1,004,754
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

31 positions · $513,662,047 total · as of Jun 30, 2022

All sectors Basic Materials Consumer Cyclical Financial Services Healthcare Industrials Real Estate Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSFT	Microsoft Corp Technology	Reduced	189,992	-2,072	$48,795,645	−17.6%	9.50%
UNH	Unitedhealth Group Inc Healthcare	Reduced	63,406	-11,485	$32,567,223	−14.7%	6.34%
JNJ	Johnson & Johnson Healthcare	Reduced	164,132	-2,431	$29,135,071	−1.3%	5.67%
V	Visa Inc. Financial Services	Reduced	144,857	-4,577	$28,520,894	−13.9%	5.55%
ELV	Elevance Health, Inc. Healthcare	Reduced	55,425	-11,183	$26,746,996	−18.3%	5.21%
MRSH	Marsh & Mclennan Companies, Inc. Financial Services	Reduced	143,838	-3,569	$22,330,849	−11.1%	4.35%
TMO	Thermo Fisher Scientific Inc. Healthcare	Reduced	39,655	-364	$21,543,768	−8.9%	4.19%
ICE	Intercontinental Exchange, Inc. Financial Services	Reduced	216,684	-1,070	$20,376,963	−29.2%	3.97%
ADI	Analog Devices Inc Technology	Reduced	132,438	-153,676	$19,347,867	−59.1%	3.77%
YUM	Yum Brands Inc Consumer Cyclical	Added	168,967	+15,696	$19,179,444	+5.6%	3.73%
MA	Mastercard Inc Financial Services	Added	53,398	+8,135	$16,846,001	+4.1%	3.28%
AON	Aon plc Financial Services	Reduced	62,399	-1,756	$16,827,762	−19.4%	3.28%
ACN	Accenture plc Technology	Reduced	60,154	-126	$16,701,758	−17.8%	3.25%
SCHW	Schwab Charles Corp Financial Services	Added	242,153	+5,881	$15,299,226	−23.2%	2.98%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	175,736	-5,554	$14,366,418	−24.0%	2.80%
MS	Morgan Stanley Financial Services	Reduced	188,705	-5,280	$14,352,902	−15.3%	2.79%
MCO	Moodys Corp /De/ Financial Services	Added	49,741	+223	$13,528,059	−19.0%	2.63%
WH	Wyndham Hotels & Resorts, Inc. Consumer Cyclical	Added	204,681	+65,192	$13,451,635	+13.9%	2.62%
IQV	Iqvia Holdings Inc. Healthcare	Added	61,692	+1,590	$13,386,547	−3.7%	2.61%
SPGI	S&P Global Inc. Financial Services	Added	41,921	+3,617	$13,367,919	−10.1%	2.60%
AMT	American Tower Corp /Ma/ Real Estate	Added	51,936	+1,635	$13,274,322	+5.0%	2.58%
ADBE	Adobe Inc. Technology	Added	34,191	+9,013	$12,515,957	+9.1%	2.44%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	223,761	-40,772	$12,497,051	−22.0%	2.43%
RVTY	Revvity, Inc. Healthcare	Reduced	80,700	-2,551	$11,477,154	−21.0%	2.23%
UNP	Union Pacific Corp Industrials	Added	47,949	+7,058	$10,226,562	−8.5%	1.99%
SHW	Sherwin Williams Co Basic Materials	Reduced	41,356	-931	$9,260,021	−12.3%	1.80%
MDT	Medtronic plc Healthcare	Reduced	78,870	-821	$7,078,582	−19.9%	1.38%
ALLE	Allegion plc Industrials	Reduced	68,960	-20,939	$6,751,184	−31.6%	1.31%
NKE	NIKE, Inc. Consumer Cyclical	Added	55,255	+6,576	$5,647,061	−13.8%	1.10%
AMAT	Applied Materials Inc /De Technology	Added	48,193	+11,030	$4,384,599	−10.5%	0.85%
BLD	QXO Insulation, LLC Industrials	Reduced	23,191	-732	$3,876,607	−10.7%	0.75%