Institutional
Lingotto Investment Management LLP
CIK 0001732768
$5.06B
Reported AUM
34
Positions
Q1 2026
Period
2026-05-14
Filed
The Brief · Lingotto Investment Management LLP · Q1 2026
AI · grounded in 13F
Lingotto Investment Management LLP reduced its position in Harmony Gold Mng Ltd HMY by 96.7%. The fund also trimmed its holdings in Sibanye Stillwater Ltd SBSW by 31.1% and VanEck ETF Trust GDXJ by 23.5%. Conversely, the manager increased its stake in Cloudflare Inc NET by 70.8% and Moderna Inc MRNA by 53.2%.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | TEVA | TEVA PHARMACEUTICAL INDS LTD | $34.19 | -0.70% | 92.40% | 254.30% | $836.5M | 16.52% | −651,911 | −2.3% |
| 2 | CVNA | CARVANA CO | $66.51 | 0.48% | -2.61% | -1.48% | $801.1M | 15.82% | −307,063 | −10.8% |
| 3 | PSKY | PARAMOUNT SKYDANCE CORP | $10.22 | -4.31% | -12.89% | -72.01% | $417.1M | 8.24% | −1,132,470 | −2.4% |
| 4 | VAL | VALARIS LTD | $88.54 | -4.70% | 112.79% | 226.72% | $363.4M | 7.18% | −12,310 | −0.3% |
| 5 | NG | NOVAGOLD RESOURCES INC | $7.33 | -10.50% | 74.11% | -6.27% | $330.8M | 6.53% | +1,645,225 | +4.7% |
| 6 | RRC | RANGE RES CORP | $39.10 | -3.43% | 2.83% | 166.83% | $325.0M | 6.42% | −22,975 | −0.3% |
| 7 | SLB | SLB LIMITED | $54.87 | -5.41% | 67.83% | 112.39% | $300.1M | 5.93% | −143,366 | −2.4% |
| 8 | VEON | VEON LTD | $51.40 | -0.25% | 4.41% | 17.49% | $279.7M | 5.52% | −18,791 | −0.3% |
| 9 | SBSW | SIBANYE STILLWATER LTD | $10.12 | -9.40% | 54.51% | -29.02% | $246.2M | 4.86% | −8,854,473 | −31.1% |
| 10 | GDXJ | VANECK ETF TRUST | $100.59 | -10.11% | 49.14% | 137.60% | $238.9M | 4.72% | −612,322 | −23.5% |
| 11 | AG | FIRST MAJESTIC SILVER CORP | $16.99 | -14.06% | 105.68% | 25.61% | $215.1M | 4.25% | −30,863 | −0.3% |
| 12 | NVDA | NVIDIA CORPORATION | $205.10 | -6.20% | 44.92% | 955.49% | $107.1M | 2.12% | +99,390 | +19.3% |
| 13 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | $415.17 | -6.69% | 104.85% | 285.24% | $93.7M | 1.85% | +2,349 | +0.9% |
| 14 | TEM | TEMPUS AI INC | $46.43 | -11.16% | -25.20% | 7.28% | $64.0M | 1.26% | +272,240 | +23.8% |
| 15 | NET | CLOUDFLARE INC | $250.11 | -6.90% | 39.21% | 110.83% | $61.9M | 1.22% | +124,388 | +70.8% |
| 16 | ISRG | INTUITIVE SURGICAL INC | $422.06 | 0.77% | -24.24% | 27.71% | $60.6M | 1.20% | +23,766 | +22.1% |
| 17 | MELI | MERCADOLIBRE INC | $1607.80 | -1.65% | -35.23% | 2.49% | $41.6M | 0.82% | +3,888 | +19.3% |
| 18 | NOW | SERVICENOW INC | $112.45 | -5.79% | -45.42% | -4.36% | $40.8M | 0.80% | +104,561 | +36.6% |
| 19 | AUR | AURORA INNOVATION INC | $6.31 | -7.75% | 7.50% | -36.33% | $40.1M | 0.79% | +1,568,622 | +19.2% |
| 20 | MRNA | MODERNA INC | $47.44 | -8.04% | 72.76% | -86.58% | $38.8M | 0.77% | +265,214 | +53.2% |
| 21 | PONY | PONY AI INC | $8.62 | -9.83% | -38.12% | -39.93% | $31.4M | 0.62% | −783,444 | −19.1% |
| 22 | JOBY | JOBY AVIATION INC | $9.55 | -14.27% | 17.61% | -4.31% | $30.9M | 0.61% | +604,978 | +19.3% |
| 23 | TSLA | TESLA INC | $391.00 | -6.56% | 32.48% | 70.69% | $26.0M | 0.51% | +11,235 | +19.1% |
| 24 | RXRX | RECURSION PHARMACEUTICALS IN | $3.32 | -12.76% | -39.62% | -89.08% | $18.1M | 0.36% | +950,681 | +19.3% |
| 25 | NBIS | NEBIUS GROUP N.V. | $227.81 | -12.27% | 371.85% | 935.97% | $13.4M | 0.26% | +128,945 | NEW |
| 26 | APG | API GROUP CORP | $41.98 | -0.99% | 29.20% | 174.74% | $12.4M | 0.25% | — | HELD |
| 27 | AMZN | AMAZON COM INC | $246.03 | -3.06% | 15.20% | 47.87% | $8.8M | 0.17% | — | HELD |
| 28 | MSFT | MICROSOFT CORP | $416.67 | -2.66% | -10.71% | 52.39% | $4.6M | 0.09% | −76,320 | −85.9% |
| 29 | DUOL | DUOLINGO INC | $109.03 | -0.11% | -78.74% | -15.85% | $3.9M | 0.08% | +6,482 | +19.3% |
| 30 | RKT | ROCKET COS INC | $12.65 | -4.38% | -0.94% | -16.53% | $2.5M | 0.05% | −121,681 | −40.6% |
| 31 | HMY | HARMONY GOLD MNG LTD | $15.71 | -9.24% | — | — | $2.5M | 0.05% | −4,735,499 | −96.7% |
| 32 | KKR | KKR & CO INC | $93.40 | -2.16% | — | — | $2.5M | 0.05% | +26,624 | NEW |
| 33 | OWL | BLUE OWL CAPITAL INC | $9.80 | -3.83% | — | — | $2.2M | 0.04% | +239,234 | NEW |
| 34 | BABA | ALIBABA GROUP HLDG LTD | $121.06 | -3.88% | — | — | $2.1M | 0.04% | — | HELD |
| 35 | H | HYATT HOTELS CORP | $193.06 | 2.08% | — | — | — | — | −62,923 | EXITED |
| 36 | CRH | CRH PLC | $105.06 | -1.42% | — | — | — | — | −59,761 | EXITED |
| 37 | RUN | SUNRUN INC | $13.35 | -9.89% | — | — | — | — | −243,500 | EXITED |
| 38 | PRMB | PRIMO BRANDS CORPORATION | $22.95 | -0.30% | — | — | — | — | −179,200 | EXITED |
| 39 | VRT | VERTIV HOLDINGS CO | $300.51 | -7.23% | — | — | — | — | −16,300 | EXITED |
| 40 | DNA | GINKGO BIOWORKS HOLDINGS INC | $8.22 | -9.17% | — | — | — | — | −250,282 | EXITED |
| 41 | UUUU | ENERGY FUELS INC | $15.03 | -13.47% | — | — | — | — | −96,900 | EXITED |
Source: SEC EDGAR · accession 0001172661-26-001922. 13F discloses long positions only — shorts, foreign equities, and options are excluded.