Q4 2024 · 13F-HR
Ruffer LLPholdings as filed
Filed 2025-02-07 · accession 0001426859-25-000002
$2.77B
Reported value
101
Positions
2024-12-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 651639106 | NEM | NEWMONT CORP | $263.7M | 9.52% | 7,085,101 | Common | SOLE |
| 172967424 | C | CITIGROUP INC | $246.5M | 8.90% | 3,501,834 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $190.5M | 6.88% | 868,184 | Common | SOLE |
| 125523100 | CI | THE CIGNA GROUP | $166.0M | 5.99% | 601,066 | Common | SOLE |
| 067901108 | ABX | BARRICK GOLD CORP | $159.2M | 5.75% | 10,269,848 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $136.5M | 4.93% | 1,609,404 | Common | SOLE |
| 060505104 | BAC | BANK AMERICA CORP | $119.9M | 4.33% | 2,727,336 | Common | SOLE |
| 717081103 | PFE | PFIZER INC | $111.6M | 4.03% | 4,206,387 | Common | SOLE |
| 244199105 | DE | DEERE & CO | $78.8M | 2.85% | 186,051 | Common | SOLE |
| 496902404 | KGC | KINROSS GOLD CORP | $68.9M | 2.49% | 7,427,970 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $65.2M | 2.35% | 329,971 | Common | SOLE |
| 783513203 | RYAAY | RYANAIR HOLDINGS PLC | $63.6M | 2.30% | 1,458,141 | Common | SOLE |
| 055622104 | BP | BP PLC | $63.2M | 2.28% | 2,137,420 | Common | SOLE |
| 00123Q104 | AGNC | AGNC INVT CORP | $58.9M | 2.13% | 6,399,815 | Common | SOLE |
| 039483102 | ADM | ARCHER DANIELS MIDLAND CO | $58.6M | 2.12% | 1,159,618 | Common | SOLE |
| 125269100 | CF | CF INDS HLDGS INC | $48.3M | 1.75% | 566,458 | Common | SOLE |
| 02319V103 | ABEV | AMBEV SA | $47.7M | 1.72% | 25,776,672 | Common | SOLE |
| 22052L104 | CTVA | CORTEVA INC | $44.8M | 1.62% | 785,918 | Common | SOLE |
| 67077M108 | NTR | NUTRIEN LTD | $44.0M | 1.59% | 982,728 | Common | SOLE |
| 61945C103 | MOS | MOSAIC CO NEW | $41.4M | 1.49% | 1,683,588 | Common | SOLE |
| 152006102 | CGAU | CENTERRA GOLD INC | $40.6M | 1.47% | 7,140,845 | Common | SOLE |
| 718172109 | PM | PHILIP MORRIS INTL INC | $40.3M | 1.46% | 335,162 | Common | SOLE |
| G0378L100 | AU | ANGLOGOLD ASHANTI PLC | $38.2M | 1.38% | 1,653,726 | Common | SOLE |
| 867224107 | SU | SUNCOR ENERGY INC NEW | $33.6M | 1.21% | 941,697 | Common | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP | $31.1M | 1.12% | 289,532 | Common | SOLE |
| 36352H100 | GAU | GALIANO GOLD INC | $23.0M | 0.83% | 18,438,262 | Common | SOLE |
| 222070203 | COTY | COTY INC | $22.4M | 0.81% | 3,225,675 | Common | SOLE |
| 697900108 | PAAS | PAN AMERN SILVER CORP | $21.9M | 0.79% | 1,084,516 | Common | SOLE |
| 008474108 | AEM | AGNICO EAGLE MINES LTD | $20.8M | 0.75% | 265,927 | Common | SOLE |
| 04040Y109 | ARIS | ARIS MNG CORP | $19.9M | 0.72% | 5,687,273 | Common | SOLE |
| N82405106 | STLA | STELLANTIS N.V | $19.3M | 0.70% | 1,479,686 | Common | SOLE |
| 369604301 | GE | GE AEROSPACE | $17.0M | 0.61% | 101,939 | Common | SOLE |
| 693475105 | PNC | PNC FINL SVCS GROUP INC | $16.9M | 0.61% | 87,640 | Common | SOLE |
| 83056P715 | SKE | SKEENA RES LTD NEW | $15.2M | 0.55% | 1,745,382 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $14.7M | 0.53% | 32,390 | Common | SOLE |
| 55261F104 | MTB | M & T BK CORP | $13.7M | 0.50% | 72,992 | Common | SOLE |
| 35137L105 | FOXA | FOX CORP | $12.0M | 0.43% | 246,175 | Common | SOLE |
| 22160N109 | CSGP | COSTAR GROUP INC | $11.6M | 0.42% | 162,179 | Common | SOLE |
| 962879102 | WPM | WHEATON PRECIOUS METALS CORP | $11.3M | 0.41% | 201,024 | Common | SOLE |
| 11777Q209 | BTG | B2GOLD CORP | $10.3M | 0.37% | 4,213,062 | Common | SOLE |
| 577933104 | MMS | MAXIMUS INC | $10.3M | 0.37% | 137,517 | Common | SOLE |
| 87162W100 | SNX | TD SYNNEX CORPORATION | $10.1M | 0.37% | 86,425 | Common | SOLE |
| G65431127 | NE | NOBLE CORP PLC | $9.6M | 0.34% | 304,210 | Common | SOLE |
| 163072101 | CAKE | CHEESECAKE FACTORY INC | $9.4M | 0.34% | 198,179 | Common | SOLE |
| 42824C109 | HPE | HEWLETT PACKARD ENTERPRISE C | $8.8M | 0.32% | 410,231 | Common | SOLE |
| H11356104 | BG | BUNGE GLOBAL SA | $8.4M | 0.30% | 108,214 | Common | SOLE |
| 72147K108 | PPC | PILGRIMS PRIDE CORP | $8.4M | 0.30% | 184,649 | Common | SOLE |
| G5509L101 | LIVN | LIVANOVA PLC | $8.0M | 0.29% | 172,357 | Common | SOLE |
| 48123V102 | ZD | ZIFF DAVIS INC | $7.9M | 0.29% | 146,224 | Common | SOLE |
| 402635502 | GPOR | GULFPORT ENERGY OPERATING CO | $7.5M | 0.27% | 40,753 | Common | SOLE |
| G50871105 | JAZZ | JAZZ PHARMACEUTICALS PLC | $7.2M | 0.26% | 58,767 | Common | SOLE |
| 58933Y105 | MRK | MERCK & CO INC | $7.2M | 0.26% | 72,672 | Common | SOLE |
| P31076105 | CPA | COPA HOLDINGS SA | $6.7M | 0.24% | 76,658 | Common | SOLE |
| 88031M109 | TS | TENARIS S A | $6.6M | 0.24% | 173,666 | Common | SOLE |
| 375558103 | GILD | GILEAD SCIENCES INC | $6.5M | 0.23% | 70,399 | Common | SOLE |
| 191098102 | COKE | COCA COLA CONS INC | $6.0M | 0.22% | 4,793 | Common | SOLE |
| G39108108 | GTES | GATES INDL CORP PLC | $5.9M | 0.21% | 285,062 | Common | SOLE |
| 45337C102 | INCY | INCYTE CORP | $5.5M | 0.20% | 80,059 | Common | SOLE |
| 11271J107 | BN | BROOKFIELD CORP | $5.4M | 0.20% | 94,000 | Common | SOLE |
| 336433107 | FSLR | FIRST SOLAR INC | $5.4M | 0.19% | 30,480 | Common | SOLE |
| 38059T106 | GFI | GOLD FIELDS LTD | $5.3M | 0.19% | 402,084 | Common | SOLE |
| 690742101 | OC | OWENS CORNING NEW | $5.2M | 0.19% | 30,741 | Common | SOLE |
| 258278100 | DORM | DORMAN PRODS INC | $4.3M | 0.16% | 33,297 | Common | SOLE |
| G68707101 | PAGS | PAGSEGURO DIGITAL LTD | $4.2M | 0.15% | 678,261 | Common | SOLE |
| 093671105 | HRB | BLOCK H & R INC | $4.2M | 0.15% | 79,547 | Common | SOLE |
| 020764106 | AMR | ALPHA METALLURGICAL RESOUR I | $4.1M | 0.15% | 20,485 | Common | SOLE |
| 86333M108 | LRN | STRIDE INC | $4.1M | 0.15% | 39,141 | Common | SOLE |
| 047649108 | ATKR | ATKORE INC | $4.1M | 0.15% | 48,660 | Common | SOLE |
| 91307C102 | UTHR | UNITED THERAPEUTICS CORP DEL | $4.0M | 0.15% | 11,449 | Common | SOLE |
| 65290E101 | NXT | NEXTRACKER INC | $4.0M | 0.14% | 108,230 | Common | SOLE |
| 086516101 | BBY | BEST BUY INC | $3.8M | 0.14% | 44,367 | Common | SOLE |
| 30161Q104 | EXEL | EXELIXIS INC | $3.7M | 0.13% | 110,757 | Common | SOLE |
| 00402L107 | ASO | ACADEMY SPORTS & OUTDOORS IN | $3.7M | 0.13% | 63,888 | Common | SOLE |
| 42704L104 | HRI | HERC HLDGS INC | $3.7M | 0.13% | 19,361 | Common | SOLE |
| 37045V100 | GM | GENERAL MTRS CO | $3.2M | 0.12% | 60,515 | Common | SOLE |
| 526057104 | LEN | LENNAR CORP | $3.2M | 0.12% | 23,617 | Common | SOLE |
| 745867101 | PHM | PULTE GROUP INC | $3.2M | 0.11% | 29,132 | Common | SOLE |
| 87724P106 | TMHC | TAYLOR MORRISON HOME CORP | $3.1M | 0.11% | 49,849 | Common | SOLE |
| 29446Y502 | EQX | EQUINOX GOLD CORP | $3.0M | 0.11% | 603,270 | Common | SOLE |
| 644535106 | NGDN | NEW GOLD INC CDA | $3.0M | 0.11% | 1,200,000 | Common | SOLE |
| 889478103 | TOL | TOLL BROTHERS INC | $2.9M | 0.10% | 22,885 | Common | SOLE |
| 48666K109 | KBH | KB HOME | $2.8M | 0.10% | 42,664 | Common | SOLE |
| 095306106 | BLBD | BLUE BIRD CORP | $2.8M | 0.10% | 72,229 | Common | SOLE |
| 45826T509 | ITRG | INTEGRA RES CORP | $2.7M | 0.10% | 3,126,053 | Common | SOLE |
| 413197104 | HRMY | HARMONY BIOSCIENCES HLDGS IN | $2.6M | 0.09% | 75,501 | Common | SOLE |
| 03524A108 | BUD | ANHEUSER BUSCH INBEV SA/NV | $2.3M | 0.08% | 45,000 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $2.0M | 0.07% | 8,520 | Common | SOLE |
| 166764100 | CVX | CHEVRON CORP NEW | $1.6M | 0.06% | 11,000 | Common | SOLE |
| 690045109 | — | REVELYST INC | $1.3M | 0.05% | 65,944 | Common | SOLE |
| 27579R104 | EWBC | EAST WEST BANCORP INC | $1.2M | 0.04% | 12,280 | Common | SOLE |
| 20030N101 | CMCSA | COMCAST CORP NEW | $1.1M | 0.04% | 28,698 | Common | SOLE |
| Y7542C130 | STNG | SCORPIO TANKERS INC | $961,651 | 0.03% | 19,353 | Common | SOLE |
| G0457F107 | ARCO | ARCOS DORADOS HOLDINGS INC | $925,594 | 0.03% | 127,142 | Common | SOLE |
| 29260V105 | DAVA | ENDAVA PLC | $782,295 | 0.03% | 25,317 | Common | SOLE |
| 78454L100 | SM | SM ENERGY CO | $728,029 | 0.03% | 18,783 | Common | SOLE |
| 38149E101 | GLDG | GOLDMINING INC | $721,608 | 0.03% | 901,996 | Common | SOLE |
| 344419106 | FMX | FOMENTO ECONOMICO MEXICANO S | $683,920 | 0.02% | 8,000 | Common | SOLE |
| 146229109 | CRI | CARTERS INC | $635,215 | 0.02% | 11,722 | Common | SOLE |
| G85158106 | STNE | STONECO LTD | $559,669 | 0.02% | 70,222 | Common | SOLE |
| G8267P108 | SW | SMURFIT WESTROCK PLC | $447,038 | 0.02% | 8,300 | Common | SOLE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $351,200 | 0.01% | 5,000 | 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.