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
| # | Ticker | Issuer | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|
| 1 | CPAY | CORPAY INC | $1.56B | 6.56% | +357,457 | +7.2% |
| 2 | QXO | QXO INC | $1.44B | 6.06% | -11,533,149 | -13.5% |
| 3 | NBIS | NEBIUS GROUP N.V. | $862.7M | 3.64% | +4,979,408 | +149.3% |
| 4 | MSI | MOTOROLA SOLUTIONS INC | $811.5M | 3.42% | +586,872 | +45.7% |
| 5 | PRAX | PRAXIS PRECISION MEDICINES I | $796.6M | 3.36% | +1,217,318 | +97.0% |
| 6 | EQT | EQT CORP | $770.9M | 3.25% | +8,633,628 | +248.2% |
| 7 | GOOGL | ALPHABET INC | $722.7M | 3.05% | -150,506 | -5.7% |
| 8 | GXO | GXO LOGISTICS INCORPORATED | $696.1M | 2.94% | — | HELD |
| 9 | XPO | XPO INC | $663.2M | 2.80% | -243,497 | -6.7% |
| 10 | BRKR | BRUKER CORP | $648.0M | 2.73% | +3,033,346 | +20.3% |
| 11 | WLK | WESTLAKE CORPORATION | $618.4M | 2.61% | +906,884 | +20.7% |
| 12 | ITUB | ITAU UNIBANCO HLDG S A | $580.5M | 2.45% | -12,412,943 | -15.2% |
| 13 | STE | STERIS PLC | $573.4M | 2.42% | +343,401 | +15.3% |
| 14 | NEM | NEWMONT CORP | $559.7M | 2.36% | -1,152,094 | -18.2% |
| 15 | FSV | FIRSTSERVICE CORP NEW | $551.3M | 2.33% | +1,983,550 | +99.9% |
| 16 | SW | SMURFIT WESTROCK PLC | $548.9M | 2.32% | -181,814 | -1.3% |
| 17 | RXO | RXO INC | $532.1M | 2.24% | +1,720,219 | +5.0% |
| 18 | BTI | BRITISH AMERN TOB PLC | $450.6M | 1.90% | -1,594,933 | -17.1% |
| 19 | ALNY | ALNYLAM PHARMACEUTICALS INC | $441.7M | 1.86% | -283,394 | -17.5% |
| 20 | CNK | CINEMARK HLDGS INC | $429.5M | 1.81% | — | HELD |
| 21 | CX | CEMEX SA EURO MTN BE 144A | $424.9M | 1.79% | +1,009,689 | +2.8% |
| 22 | IBKR | INTERACTIVE BROKERS GROUP IN | $410.3M | 1.73% | -3,155,690 | -34.0% |
| 23 | NTES | NETEASE COM INC | $401.2M | 1.69% | +195,029 | +5.8% |
| 24 | SHEL | SHELL PLC | $382.6M | 1.61% | +2,637,355 | +178.6% |
| 25 | KMI | KINDER MORGAN INC DEL | $379.2M | 1.60% | +758,127 | +7.2% |
| 26 | NVDA | NVIDIA CORPORATION | $364.5M | 1.54% | +2,089,904 | NEW |
| 27 | DIS | DISNEY WALT CO | $360.0M | 1.52% | +171,838 | +4.8% |
| 28 | GMAB | GENMAB A/S | $346.8M | 1.46% | -1,492,884 | -10.4% |
| 29 | BKNG | BOOKING HOLDINGS INC | $310.6M | 1.31% | +43,024 | +139.9% |
| 30 | VALE | VALE S A | $308.2M | 1.30% | +1,130,319 | +6.2% |
| 31 | INSM | INSMED INC | $306.2M | 1.29% | -2,307,133 | -55.2% |
| 32 | CRSP | CRISPR THERAPEUTICS AG | $290.5M | 1.23% | +155,866 | +2.6% |
| 33 | DEO | DIAGEO PLC | $275.5M | 1.16% | +1,962,748 | +113.0% |
| 34 | FNV | FRANCO NEV CORP | $266.7M | 1.12% | -329,750 | -23.4% |
| 35 | B | BARRICK MNG CORP | $245.6M | 1.04% | -661,668 | -9.9% |
| 36 | AR | ANTERO RESOURCES CORP | $206.8M | 0.87% | +4,127,938 | +554.7% |
| 37 | SRRK | SCHOLAR ROCK HLDG CORP | $205.5M | 0.87% | +751,054 | +21.9% |
| 38 | GLD | SPDR GOLD TR | $203.9M | 0.86% | -49,936 | -9.5% |
| 39 | TBBB | BBB FOODS INC | $199.7M | 0.84% | +2,357,712 | +71.7% |
| 40 | IMAX | IMAX CORP | $195.8M | 0.83% | — | HELD |
| 41 | RNR | RENAISSANCERE HLDGS LTD | $192.7M | 0.81% | +13,542 | +2.1% |
| 42 | RHI | ROBERT HALF INC. | $191.7M | 0.81% | +7,545,564 | NEW |
| 43 | PDD | PDD HOLDINGS INC | $178.2M | 0.75% | +575,721 | +49.3% |
| 44 | AES | AES CORP | $172.6M | 0.73% | -9,069,753 | -42.5% |
| 45 | SE | SEA LTD | $152.7M | 0.64% | -871,693 | -32.1% |
| 46 | CRC | CALIFORNIA RES CORP | $150.7M | 0.64% | +250,796 | +13.0% |
| 47 | R | RYDER SYS INC | $145.7M | 0.61% | -262,906 | -27.0% |
| 48 | EAT | BRINKER INTL INC | $132.4M | 0.56% | +927,512 | NEW |
| 49 | DYN | DYNE THERAPEUTICS INC | $122.6M | 0.52% | +1,960,303 | +40.8% |
| 50 | RRC | RANGE RES CORP | $122.3M | 0.52% | +2,706,746 | NEW |
| 51 | SYNA | SYNAPTICS INC | $116.2M | 0.49% | +122,787 | +8.0% |
| 52 | ENB | ENBRIDGE INC | $90.5M | 0.38% | +231,889 | +16.1% |
| 53 | VIPS | VIPSHOP HLDGS LTD | $82.0M | 0.35% | -5,597,783 | -51.8% |
| 54 | CARG | CARGURUS INC | $79.4M | 0.34% | +2,333,259 | NEW |
| 55 | NU | NU HLDGS LTD | $78.8M | 0.33% | +1,558,863 | +39.7% |
| 56 | WPM | WHEATON PRECIOUS METALS CORP | $68.5M | 0.29% | -501,127 | -48.9% |
| 57 | EDU | NEW ORIENTAL ED & TECHNOLOGY | $66.3M | 0.28% | +333,400 | +39.8% |
| 58 | DAO | YOUDAO INC | $66.2M | 0.28% | -205,134 | -3.0% |
| 59 | GFI | GOLD FIELDS LTD | $65.6M | 0.28% | -1,017,375 | -41.3% |
| 60 | MICC | MAGNUM ICE CREAM CO NV | $63.6M | 0.27% | +3,807,246 | +850.6% |
| 61 | BWXT | BWX TECHNOLOGIES INC | $61.0M | 0.26% | -11,143 | -3.6% |
| 62 | ON | ON SEMICONDUCTOR CORP | $58.9M | 0.25% | +105,665 | +12.5% |
| 63 | BUR | BURFORD CAPITAL LIMITED | $58.9M | 0.25% | +968,904 | +8.0% |
| 64 | ELV | ELEVANCE HEALTH INC FORMERLY | $53.6M | 0.23% | -1,061,755 | -85.3% |
| 65 | AM | ANTERO MIDSTREAM CORP | $51.6M | 0.22% | +852,427 | +60.5% |
| 66 | NKE | NIKE INC | $50.1M | 0.21% | +275,595 | +41.0% |
| 67 | MAR | MARRIOTT INTL INC NEW | $48.6M | 0.21% | -160,928 | -52.0% |
| 68 | EME | EMCOR GROUP INC | $45.1M | 0.19% | +8,444 | +16.0% |
| 69 | HDB | HDFC BANK LTD | $44.5M | 0.19% | +1,087,063 | +155.1% |
| 70 | BAH | BOOZ ALLEN HAMILTON HLDG COR | $43.6M | 0.18% | -8,967 | -1.6% |
| 71 | GNRC | GENERAC HLDGS INC | $40.9M | 0.17% | +7,413 | +3.7% |
| 72 | TRU | TRANSUNION | $40.5M | 0.17% | +584,722 | NEW |
| 73 | PTLO | PORTILLOS INC | $37.4M | 0.16% | +73,380 | +1.0% |
| 74 | IQV | IQVIA HLDGS INC | $37.2M | 0.16% | -1,682,843 | -88.5% |
| 75 | KB | KB FINL GROUP INC | $36.0M | 0.15% | -18,174 | -4.8% |
| 76 | AU | ANGLOGOLD ASHANTI PLC | $35.5M | 0.15% | -62,888 | -14.7% |
| 77 | SLGN | SILGAN HLDGS INC | $34.9M | 0.15% | +11,460 | +1.3% |
| 78 | MCS | MARCUS CORP DEL | $33.7M | 0.14% | +46,820 | +2.4% |
| 79 | FBIN | FORTUNE BRANDS INNOVATIONS I | $30.2M | 0.13% | -6,497,760 | -89.3% |
| 80 | HNRG | HALLADOR ENERGY COMPANY | $28.6M | 0.12% | +269,663 | +18.1% |
| 81 | NCMI | NATIONAL CINEMEDIA INC | $27.9M | 0.12% | -385,847 | -4.1% |
| 82 | AAL | AMERICAN AIRLINES GROUP INC | $23.6M | 0.10% | +2,195,566 | NEW |
| 83 | MRVL | MARVELL TECHNOLOGY INC | $22.8M | 0.10% | -674,541 | -74.6% |
| 84 | BIDU | BAIDU INC | $21.2M | 0.09% | -64,036 | -25.1% |
| 85 | MSFT | MICROSOFT CORP | $16.8M | 0.07% | +407 | +0.9% |
| 86 | CNX | CNX RES CORP | $13.2M | 0.06% | +343,305 | NEW |
| 87 | LOMA | LOMA NEGRA C I A S A MTN 14 | $11.7M | 0.05% | +1,051,245 | NEW |
| 88 | MNSO | MINISO GROUP HLDG LTD | $9.3M | 0.04% | -1,216,285 | -67.8% |
| 89 | IRS | IRSA INVERSIONES Y REP S A | $8.1M | 0.03% | +500,575 | NEW |
| 90 | G | GENPACT LIMITED | $6.5M | 0.03% | -26,664 | -13.3% |
| 91 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | $1.7M | 0.01% | — | HELD |
| 92 | UNH | UNITEDHEALTH GROUP INC | — | — | -2,581,182 | EXITED |
| 93 | ICLR | ICON PLC | — | — | -4,214,661 | EXITED |
| 94 | BTU | PEABODY ENERGY CORP | — | — | -4,397,530 | EXITED |
| 95 | OLN | OLIN CORP | — | — | -3,804,561 | EXITED |
| 96 | LULU | LULULEMON ATHLETICA INC | — | — | -93,221 | EXITED |
| 97 | INTC | INTEL CORP | — | — | -495,099 | EXITED |
| 98 | CLBT | CELLEBRITE DI LTD | — | — | -670,613 | EXITED |
| 99 | CMCL | CALEDONIA MNG CORP PLC | — | — | -211,822 | EXITED |
Source: SEC EDGAR · accession 0001663865-26-000003. 13F discloses long positions only — shorts, foreign equities, and options are excluded.