Ruffer LL.P. 13F annual report
Ruffer LL.P. is an investment fund managing more than $2.33 trillion ran by Louise Stanway. There are currently 53 companies in Mrs. Stanway’s portfolio. The largest investments include Newmont Corp and Citigroup Inc, together worth $455 billion.
$2.33 trillion Assets Under Management (AUM)
As of 1st August 2024, Ruffer LL.P.’s top holding is 5,834,224 shares of Newmont Corp currently worth over $244 billion and making up 10.5% of the portfolio value.
Relative to the number of outstanding shares of Newmont Corp, Ruffer LL.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 3,320,839 shares of Citigroup Inc worth $211 billion, whose value grew 3.4% in the past six months.
The third-largest holding is Cigna worth $187 billion and the next is Alibaba Group Hldg Ltd worth $168 billion, with 2,326,258 shares owned.
Currently, Ruffer LL.P.'s portfolio is worth at least $2.33 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 Ruffer LL.P.
The Ruffer LL.P. office and employees reside in London, United Kingdom. According to the last 13-F report filed with the SEC, Louise Stanway serves as the Compliance Officer at Ruffer LL.P..
Recent trades
In the most recent 13F filing, Ruffer LL.P. revealed that it had opened a new position in
Shell Plc and bought 220,000 shares worth $15.9 billion.
The investment fund also strengthened its position in Citigroup Inc by buying
897,337 additional shares.
This makes their stake in Citigroup Inc total 3,320,839 shares worth $211 billion.
Citigroup Inc soared 24.2% in the past year.
On the other hand, there are companies that Ruffer LL.P. is getting rid of from its portfolio.
Ruffer LL.P. closed its position in Hess on 8th August 2024.
It sold the previously owned 211,256 shares for $32.2 billion.
Louise Stanway also disclosed a decreased stake in Newmont Corp by 0.3%.
This leaves the value of the investment at $244 billion and 5,834,224 shares.
One of the largest hedge funds
The two most similar investment funds to Ruffer LL.P. are Itau Unibanco S.A. and Hill Path Capital L.P.. They manage $2.33 trillion and $2.33 trillion respectively.
Louise Stanway investment strategy
Ruffer LL.P.’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Materials — making up 25.1% of
the total portfolio value.
The fund focuses on investments in the United States as
35.8% 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
43% of the total holdings value.
On the other hand, small-cap stocks make up only 1.9% of the portfolio.
The average market cap of the portfolio companies is close to $80.9 billion.
The complete list of Ruffer LL.P. trades based on 13F SEC filings
These positions were updated on August 8th 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 |
|---|---|---|---|
| Newmont Corp |
30.02%
5,834,224
|
$244,074,225,000 | 10.48% |
| Citigroup Inc |
37.03%
3,320,839
|
$210,822,891,000 | 9.05% |
| Cigna Group (The) |
43.65%
566,608
|
$187,142,846,000 | 8.04% |
| Alibaba Group Hldg Ltd |
15.96%
2,326,258
|
$167,524,398,000 | 7.19% |
| Pfizer Inc. |
3.03%
5,728,695
|
$160,316,619,000 | 6.88% |
| Amazon.com Inc. |
15.39%
764,248
|
$147,781,884,000 | 6.35% |
| Barrick Gold Corp. |
27.43%
8,824,252
|
$147,143,186,000 | 6.32% |
| Kinross Gold Corp. |
42.14%
12,890,881
|
$107,317,665,000 | 4.61% |
| Taiwan Semiconductor Mfg Ltd |
44.89%
590,935
|
$102,724,989,000 | 4.41% |
| Bank America Corp |
5.56%
2,360,233
|
$93,877,655,000 | 4.03% |
| Ambev Sa |
4.80%
40,805,158
|
$83,434,309,000 | 3.58% |
| Ryanair Holdings Plc |
6.50%
645,881
|
$75,225,097,000 | 3.23% |
| Agnc Invt Corp |
464.67%
7,047,336
|
$67,192,960,000 | 2.89% |
| Coty Inc |
12.70%
6,196,261
|
$62,054,373,000 | 2.66% |
| BP plc |
34.20%
1,385,690
|
$50,016,481,000 | 2.15% |
| Centerra Gold Inc |
16.18%
7,360,845
|
$49,951,270,000 | 2.14% |
| Hess Corporation |
Closed
211,256
|
$32,239,568,000 | |
| Jackson Financial Inc |
Closed
481,709
|
$31,850,447,000 | |
| GE Aerospace |
11.13%
196,022
|
$31,152,723,000 | 1.34% |
| Suncor Energy, Inc. |
7.07%
787,401
|
$29,974,356,000 | 1.29% |
| Galiano Gold Inc. |
28.61%
17,340,962
|
$29,736,299,000 | 1.28% |
| Exxon Mobil Corp. |
6.07%
257,797
|
$29,672,259,000 | 1.27% |
| Philip Morris International Inc |
108.27%
242,638
|
$24,582,788,000 | 1.06% |
| M & T Bk Corp |
4.37%
152,475
|
$23,073,858,000 | 0.99% |
| Pan Amern Silver Corp |
26.40%
1,127,805
|
$22,415,124,000 | 0.96% |
| Capri Holdings Limited |
Closed
490,397
|
$22,211,586,000 | |
| Pnc Finl Svcs Group Inc |
18.46%
132,950
|
$20,685,855,000 | 0.89% |
| Agnico Eagle Mines Ltd |
49.65%
304,080
|
$19,886,832,000 | 0.85% |
| Aris Mng Corp |
0.19%
5,145,800
|
$19,416,613,000 | 0.83% |
| Shell Plc |
Opened
220,000
|
$15,882,900,000 | 0.68% |
| Berkshire Hathaway Inc. |
19.68%
34,890
|
$14,199,707,000 | 0.61% |
| Skeena Res Ltd New |
0.44%
2,558,170
|
$13,730,816,000 | 0.59% |
| Noble Corp Plc |
0.41%
297,451
|
$13,285,550,000 | 0.57% |
| Wheaton Precious Metals Corp |
57.99%
222,947
|
$11,684,237,000 | 0.50% |
| B2gold Corp |
No change
3,797,676
|
$10,234,737,000 | 0.44% |
| Tenaris S.A. |
30.93%
226,221
|
$6,906,527,000 | 0.30% |
| Gold Fields Ltd |
Opened
407,392
|
$6,072,178,000 | 0.26% |
| Grifols S A |
Closed
850,000
|
$5,681,982,000 | |
| Brookfield Corp |
8.33%
110,000
|
$4,569,950,000 | 0.20% |
| General Mtrs Co |
Closed
96,670
|
$4,381,568,000 | |
| AngloGold Ashanti Plc. |
67.03%
171,655
|
$4,311,974,000 | 0.19% |
| JPMorgan Chase & Co. |
30.44%
20,265
|
$4,101,332,000 | 0.18% |
| Fomento Economico Mexicano S |
11.11%
24,000
|
$2,582,880,000 | 0.11% |
| Chevron Corp. |
50.00%
11,000
|
$1,720,675,000 | 0.07% |
| DuPont de Nemours Inc |
9.09%
20,000
|
$1,609,900,000 | 0.07% |
| Albemarle Corp. |
6.94%
15,400
|
$1,471,855,000 | 0.06% |
| Dnow Inc |
No change
100,000
|
$1,372,500,000 | 0.06% |
| Arcos Dorados Holdings Inc |
16.43%
127,142
|
$1,143,642,000 | 0.05% |
| Wells Fargo Co New |
18.18%
18,000
|
$1,068,930,000 | 0.05% |
| Integra Res Corp |
No change
953,831
|
$934,646,000 | 0.04% |
| Jazz Pharmaceuticals plc |
Closed
7,702
|
$926,897,000 | |
| Goldmining Inc |
No change
901,996
|
$804,702,000 | 0.03% |
| Markel Group Inc |
44.44%
500
|
$788,033,000 | 0.03% |
| East West Bancorp, Inc. |
99.05%
10,115
|
$740,367,000 | 0.03% |
| Anheuser-Busch InBev SA/NV |
41.18%
10,000
|
$581,600,000 | 0.02% |
| Martin Marietta Matls Inc |
50.00%
1,000
|
$541,725,000 | 0.02% |
| Dow Inc |
37.57%
9,972
|
$529,064,000 | 0.02% |
| Safe Bulkers, Inc |
27.27%
80,000
|
$464,400,000 | 0.02% |
| Dril-Quip, Inc. |
Closed
20,000
|
$450,300,000 | |
| Nutrien Ltd |
3.40%
6,030
|
$306,957,000 | 0.01% |
| Star Bulk Carriers Corp |
Closed
10,995
|
$262,506,000 | |
| Facebook Inc |
Closed
510
|
$247,692,000 | |
| No transactions found | |||
| Showing first 500 out of 62 holdings | |||
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