Institutional
Orbis Allan Gray Ltd
CIK 0001663865
$23.71B
Reported AUM
91
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · Orbis Allan Gray Ltd · Q1 2026
AI · grounded in 13F
Orbis Allan Gray Ltd exited its position in UNH, reducing its exposure by $852.1M. The fund also closed its position in ICON PLC, resulting in a $768M decrease. On the buy side, the fund established a new position in NVDA worth $364.5M and increased its holdings in EQT by 248.2%.
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 | CPAY | CORPAY INC | $347.45 | -2.72% | 2.96% | 34.56% | $1.56B | 6.56% | +357,457 | +7.2% |
| 2 | QXO | QXO INC | $15.76 | -2.90% | -17.05% | -71.03% | $1.44B | 6.06% | −11,533,149 | −13.5% |
| 3 | NBIS | NEBIUS GROUP N.V. | $227.81 | -12.27% | 371.85% | 935.97% | $862.7M | 3.64% | +4,979,408 | +149.3% |
| 4 | MSI | MOTOROLA SOLUTIONS INC | $410.34 | -0.09% | -0.74% | 93.83% | $811.5M | 3.42% | +586,872 | +45.7% |
| 5 | PRAX | PRAXIS PRECISION MEDICINES I | $254.00 | -4.06% | 470.02% | 8.55% | $796.6M | 3.36% | +1,217,318 | +97.0% |
| 6 | EQT | EQT CORP | $53.75 | -2.70% | -3.56% | 212.91% | $770.9M | 3.25% | +8,633,628 | +248.2% |
| 7 | GOOGL | ALPHABET INC | $368.53 | -0.98% | 112.92% | 175.80% | $722.7M | 3.05% | −150,506 | −5.7% |
| 8 | GXO | GXO LOGISTICS INCORPORATED | $48.68 | -1.99% | 15.33% | -40.48% | $696.1M | 2.94% | — | HELD |
| 9 | XPO | XPO INC | $218.94 | -0.15% | 84.81% | 356.44% | $663.2M | 2.80% | −243,497 | −6.7% |
| 10 | BRKR | BRUKER CORP | $56.39 | -5.97% | 48.03% | -30.31% | $648.0M | 2.73% | +3,033,346 | +20.3% |
| 11 | WLK | WESTLAKE CORPORATION | $84.64 | -0.72% | 18.11% | 11.03% | $618.4M | 2.61% | +906,884 | +20.7% |
| 12 | ITUB | ITAU UNIBANCO HLDG S A | $7.54 | -1.31% | 29.35% | 147.34% | $580.5M | 2.45% | −12,412,943 | −15.2% |
| 13 | STE | STERIS PLC | $212.35 | 0.05% | -12.22% | 1.63% | $573.4M | 2.42% | +343,401 | +15.3% |
| 14 | NEM | NEWMONT CORP | $99.71 | -7.96% | 92.46% | 83.49% | $559.7M | 2.36% | −1,152,094 | −18.2% |
| 15 | FSV | FIRSTSERVICE CORP NEW | $140.68 | 0.76% | -19.53% | -22.12% | $551.3M | 2.33% | +1,983,550 | +99.9% |
| 16 | SW | SMURFIT WESTROCK PLC | $41.28 | -2.37% | -1.80% | -9.01% | $548.9M | 2.32% | −181,814 | −1.3% |
| 17 | RXO | RXO INC | $26.86 | -2.79% | 67.56% | 41.37% | $532.1M | 2.24% | +1,720,219 | +5.0% |
| 18 | BTI | BRITISH AMERN TOB PLC | $59.72 | 3.23% | 32.39% | 134.37% | $450.6M | 1.90% | −1,594,933 | −17.1% |
| 19 | ALNY | ALNYLAM PHARMACEUTICALS INC | $303.05 | -0.19% | 0.74% | 69.36% | $441.7M | 1.86% | −283,394 | −17.5% |
| 20 | CNK | CINEMARK HLDGS INC | $31.23 | 1.36% | -1.57% | 104.86% | $429.5M | 1.81% | — | HELD |
| 21 | CX | CEMEX SA EURO MTN BE 144A | $12.47 | -3.63% | 86.28% | 56.36% | $424.9M | 1.79% | +1,009,689 | +2.8% |
| 22 | IBKR | INTERACTIVE BROKERS GROUP IN | $84.40 | -3.06% | 60.11% | 460.81% | $410.3M | 1.73% | −3,155,690 | −34.0% |
| 23 | NTES | NETEASE COM INC | $119.48 | -2.65% | -3.64% | 30.22% | $401.2M | 1.69% | +195,029 | +5.8% |
| 24 | SHEL | SHELL PLC | $85.40 | -1.53% | 30.38% | 153.69% | $382.6M | 1.61% | +2,637,355 | +178.6% |
| 25 | KMI | KINDER MORGAN INC DEL | $31.68 | -0.06% | 17.25% | 140.30% | $379.2M | 1.60% | +758,127 | +7.2% |
| 26 | NVDA | NVIDIA CORPORATION | $205.10 | -6.20% | 44.92% | 955.49% | $364.5M | 1.54% | +2,089,904 | NEW |
| 27 | DIS | DISNEY WALT CO | $99.71 | 0.37% | -11.49% | -42.02% | $360.0M | 1.52% | +171,838 | +4.8% |
| 28 | GMAB | GENMAB A/S | $25.15 | 1.70% | 13.29% | -44.19% | $346.8M | 1.46% | −1,492,884 | −10.4% |
| 29 | BKNG | BOOKING HOLDINGS INC | $165.84 | -0.99% | -25.40% | 94.38% | $310.6M | 1.31% | +43,024 | +139.9% |
| 30 | VALE | VALE S A | $15.23 | -3.42% | 74.81% | 17.91% | $308.2M | 1.30% | +1,130,319 | +6.2% |
| 31 | INSM | INSMED INC | $94.22 | -10.20% | — | — | $306.2M | 1.29% | −2,307,133 | −55.2% |
| 32 | CRSP | CRISPR THERAPEUTICS AG | $51.84 | -8.97% | — | — | $290.5M | 1.23% | +155,866 | +2.6% |
| 33 | DEO | DIAGEO PLC | $80.43 | 1.89% | — | — | $275.5M | 1.16% | +1,962,748 | +113.0% |
| 34 | FNV | FRANCO NEV CORP | $218.74 | -7.31% | — | — | $266.7M | 1.12% | −329,750 | −23.4% |
| 35 | B | BARRICK MNG CORP | $39.46 | -7.78% | — | — | $245.6M | 1.04% | −661,668 | −9.9% |
| 36 | AR | ANTERO RESOURCES CORP | $35.56 | -4.15% | — | — | $206.8M | 0.87% | +4,127,938 | +554.7% |
| 37 | SRRK | SCHOLAR ROCK HLDG CORP | $44.30 | -2.27% | — | — | $205.5M | 0.87% | +751,054 | +21.9% |
| 38 | GLD | SPDR GOLD TR | $396.24 | -3.65% | — | — | $203.9M | 0.86% | −49,936 | −9.5% |
| 39 | TBBB | BBB FOODS INC | $39.42 | 3.19% | — | — | $199.7M | 0.84% | +2,357,712 | +71.7% |
| 40 | IMAX | IMAX CORP | $38.97 | -0.33% | — | — | $195.8M | 0.83% | — | HELD |
| 41 | RNR | RENAISSANCERE HLDGS LTD | $288.48 | 3.87% | — | — | $192.7M | 0.81% | +13,542 | +2.1% |
| 42 | RHI | ROBERT HALF INC. | $31.26 | -1.08% | — | — | $191.7M | 0.81% | +7,545,564 | NEW |
| 43 | PDD | PDD HOLDINGS INC | $85.07 | -0.94% | — | — | $178.2M | 0.75% | +575,721 | +49.3% |
| 44 | AES | AES CORP | $14.67 | -0.41% | — | — | $172.6M | 0.73% | −9,069,753 | −42.5% |
| 45 | SE | SEA LTD | $86.56 | -6.00% | — | — | $152.7M | 0.64% | −871,693 | −32.1% |
| 46 | CRC | CALIFORNIA RES CORP | $58.34 | -4.36% | — | — | $150.7M | 0.64% | +250,796 | +13.0% |
| 47 | R | RYDER SYS INC | $265.22 | 0.10% | — | — | $145.7M | 0.61% | −262,906 | −27.0% |
| 48 | EAT | BRINKER INTL INC | $140.46 | 2.90% | — | — | $132.4M | 0.56% | +927,512 | NEW |
| 49 | DYN | DYNE THERAPEUTICS INC | $17.04 | -7.44% | — | — | $122.6M | 0.52% | +1,960,303 | +40.8% |
| 50 | RRC | RANGE RES CORP | $39.10 | -3.43% | — | — | $122.3M | 0.52% | +2,706,746 | NEW |
| 51 | SYNA | SYNAPTICS INC | $122.78 | -12.98% | — | — | $116.2M | 0.49% | +122,787 | +8.0% |
| 52 | ENB | ENBRIDGE INC | $56.31 | -0.76% | — | — | $90.5M | 0.38% | +231,889 | +16.1% |
| 53 | VIPS | VIPSHOP HLDGS LTD | $13.53 | -2.31% | — | — | $82.0M | 0.35% | −5,597,783 | −51.8% |
| 54 | CARG | CARGURUS INC | $27.42 | 0.18% | — | — | $79.4M | 0.34% | +2,333,259 | NEW |
| 55 | NU | NU HLDGS LTD | $11.97 | -1.24% | — | — | $78.8M | 0.33% | +1,558,863 | +39.7% |
| 56 | WPM | WHEATON PRECIOUS METALS CORP | $116.23 | -9.50% | — | — | $68.5M | 0.29% | −501,127 | −48.9% |
| 57 | EDU | NEW ORIENTAL ED & TECHNOLOGY | $45.74 | -1.15% | — | — | $66.3M | 0.28% | +333,400 | +39.8% |
| 58 | DAO | YOUDAO INC | $11.66 | 1.04% | — | — | $66.2M | 0.28% | −205,134 | −3.0% |
| 59 | GFI | GOLD FIELDS LTD | $36.62 | -6.39% | — | — | $65.6M | 0.28% | −1,017,375 | −41.3% |
| 60 | MICC | MAGNUM ICE CREAM CO NV | $17.07 | 0.23% | — | — | $63.6M | 0.27% | +3,807,246 | +850.6% |
| 61 | BWXT | BWX TECHNOLOGIES INC | $185.95 | -2.52% | — | — | $61.0M | 0.26% | −11,143 | −3.6% |
| 62 | ON | ON SEMICONDUCTOR CORP | $117.26 | -11.05% | — | — | $58.9M | 0.25% | +105,665 | +12.5% |
| 63 | BUR | BURFORD CAPITAL LIMITED | $4.45 | 0.00% | — | — | $58.9M | 0.25% | +968,904 | +8.0% |
| 64 | ELV | ELEVANCE HEALTH INC FORMERLY | $415.53 | 1.49% | — | — | $53.6M | 0.23% | −1,061,755 | −85.3% |
| 65 | AM | ANTERO MIDSTREAM CORP | $21.52 | -0.28% | — | — | $51.6M | 0.22% | +852,427 | +60.5% |
| 66 | NKE | NIKE INC | $42.98 | -1.47% | — | — | $50.1M | 0.21% | +275,595 | +41.0% |
| 67 | MAR | MARRIOTT INTL INC NEW | $392.51 | 1.87% | — | — | $48.6M | 0.21% | −160,928 | −52.0% |
| 68 | EME | EMCOR GROUP INC | $817.44 | -3.31% | — | — | $45.1M | 0.19% | +8,444 | +16.0% |
| 69 | HDB | HDFC BANK LTD | $23.41 | -2.58% | — | — | $44.5M | 0.19% | +1,087,063 | +155.1% |
| 70 | BAH | BOOZ ALLEN HAMILTON HLDG COR | $79.48 | -0.66% | — | — | $43.6M | 0.18% | −8,967 | −1.6% |
| 71 | GNRC | GENERAC HLDGS INC | $261.54 | -5.97% | — | — | $40.9M | 0.17% | +7,413 | +3.7% |
| 72 | TRU | TRANSUNION | $70.66 | 0.07% | — | — | $40.5M | 0.17% | +584,722 | NEW |
| 73 | PTLO | PORTILLOS INC | $3.99 | 4.72% | — | — | $37.4M | 0.16% | +73,380 | +1.0% |
| 74 | IQV | IQVIA HLDGS INC | $183.45 | -1.84% | — | — | $37.2M | 0.16% | −1,682,843 | −88.5% |
| 75 | KB | KB FINL GROUP INC | $107.91 | 0.40% | — | — | $36.0M | 0.15% | −18,174 | −4.8% |
| 76 | AU | ANGLOGOLD ASHANTI PLC | $84.12 | -8.73% | — | — | $35.5M | 0.15% | −62,888 | −14.7% |
| 77 | SLGN | SILGAN HLDGS INC | $36.63 | 0.96% | — | — | $34.9M | 0.15% | +11,460 | +1.3% |
| 78 | MCS | MARCUS CORP DEL | $20.35 | 1.19% | — | — | $33.7M | 0.14% | +46,820 | +2.4% |
| 79 | FBIN | FORTUNE BRANDS INNOVATIONS I | $39.06 | -0.66% | — | — | $30.2M | 0.13% | −6,497,760 | −89.3% |
| 80 | HNRG | HALLADOR ENERGY COMPANY | $16.66 | -12.08% | — | — | $28.6M | 0.12% | +269,663 | +18.1% |
| 81 | NCMI | NATIONAL CINEMEDIA INC | $3.55 | 0.00% | — | — | $27.9M | 0.12% | −385,847 | −4.1% |
| 82 | AAL | AMERICAN AIRLINES GROUP INC | $13.50 | 1.50% | — | — | $23.6M | 0.10% | +2,195,566 | NEW |
| 83 | MRVL | MARVELL TECHNOLOGY INC | $263.47 | -16.74% | — | — | $22.8M | 0.10% | −674,541 | −74.6% |
| 84 | BIDU | BAIDU INC | $121.66 | -9.75% | — | — | $21.2M | 0.09% | −64,036 | −25.1% |
| 85 | MSFT | MICROSOFT CORP | $416.67 | -2.66% | — | — | $16.8M | 0.07% | +407 | +0.9% |
| 86 | CNX | CNX RES CORP | $33.59 | -1.29% | — | — | $13.2M | 0.06% | +343,305 | NEW |
| 87 | LOMA | LOMA NEGRA C I A S A MTN 14 | $11.14 | -2.11% | — | — | $11.7M | 0.05% | +1,051,245 | NEW |
| 88 | MNSO | MINISO GROUP HLDG LTD | $12.95 | -2.70% | — | — | $9.3M | 0.04% | −1,216,285 | −67.8% |
| 89 | IRS | IRSA INVERSIONES Y REP S A | $15.14 | -1.05% | — | — | $8.1M | 0.03% | +500,575 | NEW |
| 90 | G | GENPACT LIMITED | $32.62 | -0.73% | — | — | $6.5M | 0.03% | −26,664 | −13.3% |
| 91 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | $415.17 | -6.69% | — | — | $1.7M | 0.01% | — | HELD |
| 92 | UNH | UNITEDHEALTH GROUP INC | $399.47 | 0.76% | — | — | — | — | −2,581,182 | EXITED |
| 93 | ICLR | ICON PLC | $149.45 | -2.19% | — | — | — | — | −4,214,661 | EXITED |
| 94 | BTU | PEABODY ENERGY CORP | $28.10 | -9.96% | — | — | — | — | −4,397,530 | EXITED |
| 95 | OLN | OLIN CORP | $24.54 | -1.56% | — | — | — | — | −3,804,561 | EXITED |
| 96 | LULU | LULULEMON ATHLETICA INC | $114.23 | -8.56% | — | — | — | — | −93,221 | EXITED |
| 97 | INTC | INTEL CORP | $99.17 | -11.28% | — | — | — | — | −495,099 | EXITED |
| 98 | CLBT | CELLEBRITE DI LTD | $13.81 | -3.36% | — | — | — | — | −670,613 | EXITED |
| 99 | CMCL | CALEDONIA MNG CORP PLC | $19.95 | -6.34% | — | — | — | — | −211,822 | EXITED |
Source: SEC EDGAR · accession 0001663865-26-000003. 13F discloses long positions only — shorts, foreign equities, and options are excluded.