Orbis Allan Gray Ltd 13F annual report
Orbis Allan Gray Ltd is an investment fund managing more than $16.1 trillion ran by Matt Gaarder. There are currently 76 companies in Mr. Gaarder’s portfolio. The largest investments include Unitedhealth Inc and Corpay Inc, together worth $2.33 trillion.
$16.1 trillion Assets Under Management (AUM)
As of 7th August 2024, Orbis Allan Gray Ltd’s top holding is 2,353,564 shares of Unitedhealth Inc currently worth over $1.2 trillion and making up 7.5% of the portfolio value.
Relative to the number of outstanding shares of Unitedhealth Inc, Orbis Allan Gray Ltd owns more than approximately 0.1% of the company.
In addition, the fund holds 4,251,339 shares of Corpay Inc worth $1.13 trillion.
The third-largest holding is Interactive Brokers Group In worth $854 billion and the next is Shell Plc worth $756 billion, with 10,479,098 shares owned.
Currently, Orbis Allan Gray Ltd's portfolio is worth at least $16.1 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Orbis Allan Gray Ltd
The Orbis Allan Gray Ltd office and employees reside in Hamilton, Bermuda. According to the last 13-F report filed with the SEC, Matt Gaarder serves as the Attorney-in-fact at Orbis Allan Gray Ltd.
Recent trades
In the most recent 13F filing, Orbis Allan Gray Ltd revealed that it had opened a new position in
Alnylam Pharmaceuticals Inc and bought 721,053 shares worth $175 billion.
This means they effectively own approximately 0.1% of the company.
Alnylam Pharmaceuticals Inc makes up
12.5%
of the fund's Health Care sector allocation and has grown its share price by 47.6% in the past year.
The investment fund also strengthened its position in Unitedhealth Inc by buying
541,705 additional shares.
This makes their stake in Unitedhealth Inc total 2,353,564 shares worth $1.2 trillion.
Unitedhealth Inc soared 12.4% in the past year.
On the other hand, there are companies that Orbis Allan Gray Ltd is getting rid of from its portfolio.
Orbis Allan Gray Ltd closed its position in Airbnb on 14th August 2024.
It sold the previously owned 1,320,412 shares for $218 billion.
Matt Gaarder also disclosed a decreased stake in Corpay Inc by approximately 0.1%.
This leaves the value of the investment at $1.13 trillion and 4,251,339 shares.
One of the largest hedge funds
The two most similar investment funds to Orbis Allan Gray Ltd are Harding Loevner L.P. and Nisa Investment Advisors. They manage $16.2 trillion and $15.9 trillion respectively.
Matt Gaarder investment strategy
Orbis Allan Gray Ltd’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 12.4% of
the total portfolio value.
The fund focuses on investments in the United States as
38.2% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
33% of the total holdings value.
On the other hand, small-cap stocks make up only 2.6% of the portfolio.
The average market cap of the portfolio companies is close to $105 billion.
The complete list of Orbis Allan Gray Ltd trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Unitedhealth Group Inc |
29.90%
2,353,564
|
$1,198,576,002,000 | 7.47% |
| Corpay Inc |
6.29%
4,251,339
|
$1,132,599,223,000 | 7.06% |
| Interactive Brokers Group In |
2.36%
6,961,727
|
$853,507,730,000 | 5.32% |
| Shell Plc |
1.52%
10,479,098
|
$756,381,294,000 | 4.71% |
| Gxo Logistics Incorporated |
1.31%
14,128,306
|
$713,479,454,000 | 4.44% |
| Renaissancere Hldgs Ltd |
14.63%
2,723,087
|
$608,637,175,000 | 3.79% |
| Global Pmts Inc |
9.68%
6,214,677
|
$600,959,266,000 | 3.74% |
| Elevance Health Inc |
3.58%
924,789
|
$501,106,168,000 | 3.12% |
| Constellation Energy Corp |
19.51%
2,495,671
|
$499,808,031,000 | 3.11% |
| Rxo Inc |
4.01%
17,785,748
|
$465,097,310,000 | 2.90% |
| XPO Inc |
3.13%
4,162,677
|
$441,868,163,000 | 2.75% |
| Valaris Ltd |
0.70%
5,817,260
|
$433,385,870,000 | 2.70% |
| Alphabet Inc |
14.48%
3,965,185
|
$724,352,738,000 | 4.51% |
| AES Corp. |
1.02%
23,399,993
|
$411,137,877,000 | 2.56% |
| Westlake Corporation |
2.39%
2,779,200
|
$402,483,744,000 | 2.51% |
| British Amern Tob Plc |
1.99%
12,384,239
|
$383,044,512,000 | 2.39% |
| Motorola Solutions Inc |
4.40%
986,967
|
$381,018,611,000 | 2.37% |
| Micron Technology Inc. |
32.68%
2,811,024
|
$369,733,987,000 | 2.30% |
| Noble Corp Plc |
20.81%
7,593,816
|
$339,063,884,000 | 2.11% |
| Cinemark Holdings Inc |
2.41%
13,371,042
|
$289,081,928,000 | 1.80% |
| Texas Instrs Inc |
2.86%
1,377,020
|
$267,871,701,000 | 1.67% |
| Howmet Aerospace Inc. |
33.21%
3,319,710
|
$257,709,087,000 | 1.61% |
| Spdr Gold Tr |
5.02%
1,150,351
|
$247,336,968,000 | 1.54% |
| Newmont Corp |
1,311.52%
5,900,662
|
$247,060,718,000 | 1.54% |
| Diageo plc |
20.43%
1,855,826
|
$233,982,542,000 | 1.46% |
| Tenaris S.A. |
2.28%
7,360,076
|
$224,629,519,000 | 1.40% |
| Airbnb, Inc. |
Closed
1,320,412
|
$217,815,164,000 | |
| Progressive Corp. |
28.91%
988,795
|
$205,382,609,000 | 1.28% |
| Synaptics Inc |
0.76%
2,261,836
|
$199,493,935,000 | 1.24% |
| Booking Holdings Inc |
11.62%
49,962
|
$197,924,464,000 | 1.23% |
| Disney Walt Co |
5.58%
1,967,131
|
$195,316,437,000 | 1.22% |
| NetEase Inc |
22.95%
1,907,145
|
$182,284,919,000 | 1.14% |
| Alnylam Pharmaceuticals Inc |
Opened
721,053
|
$175,215,879,000 | 1.09% |
| Sunrun Inc |
2.36%
13,895,650
|
$164,802,409,000 | 1.03% |
| Kinder Morgan Inc |
1.52%
7,822,976
|
$155,442,533,000 | 0.97% |
| Franco Nev Corp |
35.85%
1,088,093
|
$128,960,782,000 | 0.80% |
| Vipshop Hldgs Ltd |
11.10%
6,852,011
|
$89,213,183,000 | 0.56% |
| Burford Cap Ltd |
5.43%
6,225,807
|
$81,246,781,000 | 0.51% |
| Barrick Gold Corp. |
14.96%
4,826,087
|
$80,499,131,000 | 0.50% |
| Gold Fields Ltd |
35.53%
5,008,673
|
$74,629,228,000 | 0.46% |
| Sendas Distribuidora S A |
No change
6,783,358
|
$63,085,229,000 | 0.39% |
| Wheaton Precious Metals Corp |
40.20%
1,150,028
|
$60,284,468,000 | 0.38% |
| iQIYI Inc |
Opened
15,721,715
|
$57,698,694,000 | 0.36% |
| Borr Drilling Ltd |
4.88%
8,813,805
|
$56,849,042,000 | 0.35% |
| Portillos Inc |
0.85%
5,450,570
|
$52,979,540,000 | 0.33% |
| Cnh Indl N V |
Closed
3,851,276
|
$49,912,537,000 | |
| Marriott International, Inc. |
No change
205,513
|
$49,686,878,000 | 0.31% |
| Imax Corp |
Opened
2,922,180
|
$49,004,959,000 | 0.31% |
| Kb Finl Group Inc |
5.69%
837,397
|
$47,405,044,000 | 0.30% |
| Arch Cap Group Ltd |
13.86%
468,703
|
$47,287,446,000 | 0.29% |
| Church Dwight Co Inc |
18.43%
446,669
|
$46,310,642,000 | 0.29% |
| California Res Corp |
2.06%
801,275
|
$42,643,855,000 | 0.27% |
| FirstService Corp |
30.18%
270,751
|
$41,254,330,000 | 0.26% |
| HDFC Bank Ltd. |
47.43%
639,726
|
$41,153,574,000 | 0.26% |
| Golar Lng |
57.02%
1,312,046
|
$41,132,642,000 | 0.26% |
| Mastec Inc. |
51.21%
371,435
|
$39,739,830,000 | 0.25% |
| Youdao, Inc. |
6.55%
9,565,293
|
$37,495,949,000 | 0.23% |
| Hilton Worldwide Holdings Inc |
15.06%
145,320
|
$31,708,824,000 | 0.20% |
| Icon Plc |
Opened
99,094
|
$31,062,996,000 | 0.19% |
| Intel Corp. |
92.19%
981,540
|
$30,398,294,000 | 0.19% |
| Brookfield Corp |
1.32%
650,219
|
$27,010,097,000 | 0.17% |
| Microsoft Corporation |
5.25%
60,395
|
$26,993,545,000 | 0.17% |
| Helix Energy Solutions Grp I |
15.00%
2,060,637
|
$24,604,006,000 | 0.15% |
| Generac Holdings Inc |
1.03%
174,609
|
$23,086,802,000 | 0.14% |
| Atkore Inc |
Opened
163,109
|
$22,008,298,000 | 0.14% |
| Taiwan Semiconductor Mfg Ltd |
57.77%
120,402
|
$20,927,072,000 | 0.13% |
| Shinhan Financial Group Co L |
13.08%
541,560
|
$18,851,704,000 | 0.12% |
| Amazon.com Inc. |
38.73%
93,361
|
$18,042,014,000 | 0.11% |
| Navient Corporation |
23.32%
1,225,610
|
$17,844,882,000 | 0.11% |
| Teck Resources Ltd |
6.47%
353,003
|
$16,908,844,000 | 0.11% |
| WestRock Co |
0.99%
280,317
|
$14,088,732,000 | 0.09% |
| Caledonia Mng Corp Plc |
20.82%
1,429,970
|
$13,899,308,000 | 0.09% |
| Paycom Software Inc |
Opened
88,188
|
$12,614,412,000 | 0.08% |
| Marcus Corp. |
33.20%
771,710
|
$8,774,342,000 | 0.05% |
| Ambev Sa |
Opened
2,105,939
|
$4,317,175,000 | 0.03% |
| Morgan Stanley |
Opened
19,800
|
$1,924,362,000 | 0.01% |
| Sumitomo Mitsui Finl Group I |
Closed
125,203
|
$1,473,639,000 | |
| Oreilly Automotive Inc |
No change
191
|
$201,707,000 | 0.00% |
| Yandex N V |
No change
3,056,164
|
$0 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 79 holdings | |||
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