High Ground Investment Management LLP

CIK

1828180

Location

LONDON, X0

Portfolio Value

Small $538,628,310

Diversification

Highly concentrated

Filing Date

Global Rank

#2,212 / 8,232 ▲ 14

Top Industry

Healthcare Plans 35.2%

3Y Alpha vs SPY

-17.3%

Period ended 2 months ago

Filed May 6, 2026 · 39d

14 quarters · since Dec 2022

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

+10.9%

SPY

+76.3%

Annualised alpha

-17.3%

Max drawdown

−29.6%

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

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

Top Position

32.0%

+2.9 pts

Top 5

100.0%

0.0 pts

Top 10

100.0%

0.0 pts

HHI

2,599

Highly concentrated+133

Portfolio Trend

14 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Healthcare	35.2%	$189,329,465	2
Financial Services	32.0%	$172,192,333	1
Industrials	30.9%	$166,203,584	1
Basic Materials	2.0%	$10,902,928	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

3 positions

Ticker	Company	Δ Shares	Shares	Value
AER	AerCap Holdings N.V.	+35,403	1,211,573	$166,203,584
ELV	Elevance Health, Inc.	+18,063	344,144	$100,748,156
HUM	Humana Inc	+16,916	510,879	$88,581,309
No positions match the current search.

Trimmed

Positions the filer reduced

2 positions

Ticker	Company	Δ Shares	Shares	Value
HCC	Warrior Met Coal, Inc.	−41,297	117,047	$10,902,928
ACGL	Arch Capital Group Ltd.	−18,215	1,793,857	$172,192,333
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

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

5 positions · $538,628,310 total · as of Mar 31, 2026

All sectors Basic Materials Financial Services Healthcare Industrials

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
ACGL	Arch Capital Group Ltd. Financial Services	Reduced	1,793,857	-18,215	$172,192,333	−0.9%	31.97%
AER	AerCap Holdings N.V. Industrials	Added	1,211,573	+35,403	$166,203,584	−1.7%	30.86%
ELV	Elevance Health, Inc. Healthcare	Added	344,144	+18,063	$100,748,156	−11.9%	18.70%
HUM	Humana Inc Healthcare	Added	510,879	+16,916	$88,581,309	−30.0%	16.45%
HCC	Warrior Met Coal, Inc. Basic Materials	Reduced	117,047	-41,297	$10,902,928	−21.9%	2.02%