Arkolith/Funds/Ruffer LLP

Ruffer LLP

CIK 1426859
Holdings as of Jun 30, 2026·disclosed Jul 30, 2026·~30-day 13F lag·13F-HR
Active Filer

Ruffer LLP holds a diversified book of 187 stocks worth $2.8B as of Q2 2026 (disclosed Jul 30, 2026, a ~30-day 13F lag). This quarter they opened Netease Inc-ADR and trimmed Smurfit Westrock PLC. Their largest long position is Amazon.com Inc at 7% of the equity book. Cloning the disclosed picks since 2013 would be +503% (+15.1%/yr). That is a simulation of the disclosed long book, not audited returns.

Growth of $10,000: cloning the disclosed book

If you'd copied them
+503.0%
+15.1%/yr · since Nov '13
Their reported book
+592.4%
held from quarter-end
S&P 500
+435.8%
same window
$10K$23K$35K$48K$60KNov '13Jun '16Jan '19Aug '21Mar '24Sep '26
Ruffer LLP (copied at disclosure) S&P 500

The reported book (valued from quarter-end) returned +592.4%, a 89.3-point gap that is the cost of the ~30-day 13F disclosure lag a real follower can't avoid.

Growth of $10,000 cloning Ruffer LLP's disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~30 days for the latest filing, with no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.

How much sits in the biggest positions

Top-heavy: diversified book

Top 5 holdings
24%
Top 10 holdings
36%
Top 20 holdings
52%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Where the money is, by sector

100% mapped to company sectors

Consumer Discretionary
17%
Materials
16%
Industrials
16%
Information Technology
13%
Financials
13%
Energy
12%
Health Care
5%
Consumer Staples
3%

+4 sectors below the cut, 5% together

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices (an exit at the prior quarter-end), no cost basis

Bought
Trimmed / exited

Funds with the most overlap

Other tracked managers holding the same core names as Ruffer LLP

Manager / fundShared namesTheir $ in those
Granite Group Advisors, LLC8 / 80$77.5M
Armstrong Henry H Associates Inc9 / 80$447.7M
Doliver Advisors, LP12 / 80$167.0M
DDD Partners, LLC10 / 80$566.9M
Regal Partners Ltd11 / 80$628.3M
Citadel Investment Advisory, Inc.10 / 80$74.3M
Financial Avengers, Inc.15 / 80$80.7M
Holowesko Partners Ltd.8 / 80$129.7M

Ranked by the share of each fund's own book sitting in the names it shares with Ruffer LLP: only funds sharing at least a tenth of the book qualify. Index giants, bank custody books and market makers are excluded. They hold everything, so their overlap says nothing.

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

187 positions
#SecurityValueShares% PortLast moveHistory
1Amazon Com Inc
COM
$197.4M829.1K
7.0%
+48%
Added · +268K sh
2Microsoft Corp
COM
$169.5M454.9K
6.0%
+45%
Added · +141K sh
3Alibaba Group Hldg Ltd
SPONSORED ADS
$121.3M1.27M
4.3%
+8.0%
Added · +94K sh
4Smurfit Westrock PLC
SHS
$112.7M2.44M
4.0%
−12%
Reduced · −347K sh
5Bank America Corp
COM
$74.2M1.30M
2.6%
−0.9%
Reduced · −12K sh
6Floor & Decor Hldgs Inc
CL A
$73.3M1.24M
2.6%
+12%
Added · +135K sh
7Coinbase Global Inc
COM CL A
$72.9M499.0K
2.6%
−65%
Reduced · −937K sh
8Netease Com Inc
SPONSORED ADS
$62.5M487.9K
2.2%
New
New position
9SLB Limited
COM STK
$62.3M1.34M
2.2%
−13%
Reduced · −201K sh
10BP PLC
SPONSORED ADR
$60.0M1.62M
2.1%
−23%
Reduced · −473K sh
11Solventum Corp
COM SHS
$59.8M776.5K
2.1%
−9.7%
Reduced · −84K sh
12Suncor Energy Inc New
COM
$54.2M1.01M
1.9%
+0.6%
Added · +6K sh
13Lamar Advertising Co New
CL A
$52.7M338.2K
1.9%
−0.1%
Reduced · −283 sh
14Brown Forman Corp
CL B
$51.4M1.93M
1.8%
−29%
Reduced · −800K sh
15Full Truck Alliance Co Ltd
SPONSORED ADS
$46.4M5.72M
1.6%
New
New position
16Equinox Gold Corp
COM
$46.0M4.74M
1.6%
+15%
Added · +610K sh
17Exxon Mobil Corp
COM
$42.9M314.2K
1.5%
−2.3%
Reduced · −7K sh
18Trip Com Group Ltd
ADS
$42.8M1.08M
1.5%
New
New position
19Jd.com Inc
SPON ADS CL A
$39.1M1.54M
1.4%
New
New position
20Booking Holdings Inc
COM
$38.5M216.0K
1.4%
35×
Added · +210K sh
21Expand Energy Corporation
COM
$38.3M420.6K
1.4%
New
New position
22S&P Global Inc
COM
$38.1M93.8K
1.3%
New
New position
23Union Pac Corp
COM
$38.0M140.0K
1.3%
−17%
Reduced · −29K sh
24Totalenergies SE
ACT
$36.9M474.9K
1.3%
New
New position
25Berkshire Hathaway Inc Del
CL B NEW
$36.5M73.0K
1.3%
+711%
Added · +64K sh
26PNC Finl Svcs Group Inc
COM
$35.8M145.5K
1.3%
−1.3%
Reduced · −2K sh
27Canadian Pacific Kansas City
COM
$33.4M386.2K
1.2%
+3.1%
Added · +12K sh
28Schwab Charles Corp
COM
$33.0M358.4K
1.2%
New
New position
29Vista Energy S.A.B. De C.V.
SPONSORED ADS
$33.0M518.2K
1.2%
−2.8%
Reduced · −15K sh
30Signet Jewelers Limited
SHS
$31.0M360.3K
1.1%
+58%
Added · +133K sh
31Eagle Matls Inc
COM
$29.7M132.0K
1.0%
12×
Added · +121K sh
32Pfizer Inc
COM
$27.1M1.13M
1.0%
−2.1%
Reduced · −24K sh
33Warner Bros Discovery Inc
COM SER A
$24.5M920.5K
0.9%
+64%
Added · +359K sh
34Galiano Gold Inc
COM
$24.2M12.99M
0.9%
−1.7%
Reduced · −230K sh
35Aris MNG Corp
COM
$23.9M1.61M
0.8%
−14%
Reduced · −267K sh
36Eldorado Gold Corp New
COM
$20.9M674.0K
0.7%
−25%
Reduced · −225K sh
37Kinross Gold Corp
COM
$20.6M874.2K
0.7%
+163%
Added · +542K sh
38Disney Walt Co
COM
$20.4M211.8K
0.7%
+246%
Added · +151K sh
39Airbnb Inc
COM CL A
$20.0M139.9K
0.7%
New
New position
40Venture Global Inc
COM CL A
$19.9M1.79M
0.7%
+288%
Added · +1.3M sh
41Fluor Corp
COM
$19.7M375.6K
0.7%
New
New position
42Cooper Cos Inc
COM
$19.2M268.6K
0.7%
+24%
Added · +52K sh
43Coeur MNG Inc
COM NEW
$19.1M1.17M
0.7%
+204%
Added · +785K sh
44Magnum Ice Cream Co NV
ORD SHS
$18.8M1.08M
0.7%
+43%
Added · +327K sh
45International Flavors&fragra
COM
$18.1M228.3K
0.6%
−22%
Reduced · −63K sh
46Wise Group PLC
ORD SHS CLASS A
$17.0M1.42M
0.6%
New
New position
47Oceanagold Corp
COM NEW
$16.7M667.8K
0.6%
New
New position
48SSR Mining In
COM
$16.5M583.1K
0.6%
−20%
Reduced · −149K sh
49Autoliv Inc
COM
$15.9M137.0K
0.6%
New
New position
50Barrick Gold Corp
COM
$15.8M431.8K
0.6%
−24%
Reduced · −140K sh
Showing 50 of 187 positions
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Filing history

As-of date vs the date the SEC received each filing

$4.3B · Q1 2022Q3 2020 · $2.2BQ2 2026 · $2.8B

Reported 13F total per quarter. Raw filing totals can include option notional.

QuarterAs ofFiledLagPositionsValueForm
Q2 2026Jun 30, 2026Jul 30, 202630d187$2.8B13F-HR
Q1 2026Mar 31, 2026May 13, 202643d176$2.4B13F-HR
Q4 2025Dec 31, 2025Jan 28, 202628d154$2.2B13F-HR
Q3 2025Sep 30, 2025Nov 3, 202534d101$1.8B13F-HR
Q2 2025Jun 30, 2025Jul 16, 202516d98$2.3B13F-HR
Q1 2025Mar 31, 2025May 9, 202539d94$2.6B13F-HR
Q4 2024Dec 31, 2024Feb 7, 202538d101$2.8B13F-HR
Q3 2024Sep 30, 2024Nov 8, 202439d56$3.2B13F-HR
Q2 2024Jun 30, 2024Aug 8, 202439d53$2.3B13F-HR
Q1 2024Mar 31, 2024May 8, 202438d60$2.6B13F-HR
Q4 2023Dec 31, 2023Feb 12, 202443d67$2.7B13F-HR
Q3 2023Sep 30, 2023Nov 13, 202344d66$1.8B13F-HR
Q2 2023Jun 30, 2023Aug 10, 202341d70$1.7B13F-HR
Q1 2023Mar 31, 2023May 11, 202341d87$2.9B13F-HR
Q4 2022Dec 31, 2022Feb 10, 202341d91$1.5B13F-HR
Q3 2022Sep 30, 2022Nov 10, 202241d95$1.6B13F-HR
Q2 2022Jun 30, 2022Aug 5, 202236d97$2.5B13F-HR
Q1 2022Mar 31, 2022May 12, 202242d101$4.3B13F-HR
Q4 2021Dec 31, 2021Feb 4, 202235d101$4.2B13F-HR
Q3 2021Sep 30, 2021Nov 10, 202141d90$3.2B13F-HR
Q2 2021Jun 30, 2021Aug 6, 202137d89$3.6B13F-HR
Q1 2021Mar 31, 2021May 11, 202141d76$3.3B13F-HR
Q4 2020Dec 31, 2020Feb 9, 202140d81$2.9B13F-HR
Q3 2020Sep 30, 2020Nov 12, 202043d78$2.2B13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.