Q3 2025 · 13F-HR
Stenham Asset Management Ltdholdings as filed
Filed 2025-11-14 · accession 0001214659-25-016640
$173.9M
Reported value
21
Positions
2025-09-30
Period end
The Brief · Stenham Asset Management Ltd · Q3 2025
AI · grounded in 13F
Stenham Asset Management Ltd established a new position in GLD valued at $123.6M. The fund also initiated new stakes in AMZN for $8.8M and TKO for $7.9M. Other new additions include UNP, AER, and CNM.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78463V107 | GLD | SPDR GOLD TR | $123.6M | 71.1% | 347,832 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $8.8M | 5.06% | 40,080 | Common | SOLE |
| 87256C101 | TKO | TKO GROUP HOLDINGS INC | $8.0M | 4.59% | 39,500 | Common | SOLE |
| 907818108 | UNP | UNION PAC CORP | $7.6M | 4.40% | 32,350 | Common | SOLE |
| N00985106 | AER | AERCAP HOLDINGS NV | $7.3M | 4.19% | 60,200 | Common | SOLE |
| 21874C102 | CNM | CORE & MAIN INC | $7.2M | 4.12% | 133,000 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $2.2M | 1.24% | 7,742 | Common | SOLE |
| 46428Q109 | SLV | ISHARES SILVER TR | $1.3M | 0.73% | 30,000 | Common | SOLE |
| G25508105 | CRH | CRH PLC | $1.0M | 0.58% | 8,400 | Common | SOLE |
| 85208R101 | CEF | SPROTT ASSET MANAGEMENT LP | $917,250 | 0.53% | 25,000 | Common | SOLE |
| 46435U135 | IHAK | ISHARES TR | $905,047 | 0.52% | 17,295 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $798,351 | 0.46% | 1,588 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $735,489 | 0.42% | 1,420 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $631,379 | 0.36% | 1,110 | Common | SOLE |
| 46137V142 | PHO | INVESCO EXCHANGE TRADED FD T | $533,614 | 0.31% | 7,400 | Common | SOLE |
| 369604301 | GE | GE AEROSPACE | $475,296 | 0.27% | 1,580 | Common | SOLE |
| 69331C108 | PCG | PG&E CORP | $465,972 | 0.27% | 30,900 | Common | SOLE |
| 43300A203 | HLT | HILTON WORLDWIDE HLDGS INC | $404,726 | 0.23% | 1,560 | Common | SOLE |
| N3167Y103 | RACE | FERRARI N V | $373,619 | 0.21% | 770 | Common | SOLE |
| 235851102 | DHR | DANAHER CORPORATION | $370,746 | 0.21% | 1,870 | Common | SOLE |
| 12572Q105 | CME | CME GROUP INC | $359,353 | 0.21% | 1,330 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.