13F HOLDINGS REPORT
Orbis Allan Gray Ltd
Quarter ended Q2 2025 · Filed August 14, 2025 · Accession 0001085146-25-005183
Total Value
$20.57B
Positions
127
Other Managers
3
Confidential Omitted
No
Holdings (127)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | QXO INC | QXO-PB | 95,244,381 | $2.05B | 9.98% |
| 2 | CORPAY INC | CPAY | 3,776,148 | $1.25B | 6.09% |
| 3 | ELEVANCE HEALTH INC | ELV | 2,854,196 | $1.11B | 5.40% |
| 4 | NEBIUS GROUP N.V. | NBIS | 17,639,554 | $976.0M | 4.75% |
| 5 | SMURFIT WESTROCK PLC | SW | 18,392,387 | $793.6M | 3.86% |
| 6 | ALNYLAM PHARMACEUTICALS INC | ALNY | 2,119,239 | $691.1M | 3.36% |
| 7 | BRITISH AMERN TOB PLC | 110448107 | 14,503,968 | $686.5M | 3.34% |
| 8 | KINDER MORGAN INC DEL | EP-PC | 22,474,653 | $660.8M | 3.21% |
| 9 | GXO LOGISTICS INCORPORATED | GXO | 12,962,110 | $631.3M | 3.07% |
| 10 | PDD HOLDINGS INC | PDD | 5,647,728 | $591.1M | 2.87% |
| 11 | ITAU UNIBANCO HLDG S A | 465562106 | 84,512,036 | $573.8M | 2.79% |
| 12 | INTERACTIVE BROKERS GROUP IN | 45841N107 | 9,733,232 | $539.3M | 2.62% |
| 13 | SHELL PLC | RYDAF | 7,311,781 | $514.8M | 2.50% |
| 14 | STERIS PLC | STE | 2,061,030 | $495.1M | 2.41% |
| 15 | RXO INC | RXO | 30,752,212 | $483.4M | 2.35% |
| 16 | NETEASE INC | NETTF | 3,507,214 | $472.0M | 2.30% |
| 17 | MICRON TECHNOLOGY INC | MU | 3,449,764 | $425.2M | 2.07% |
| 18 | DISNEY WALT CO | 254687106 | 3,351,421 | $415.6M | 2.02% |
| 19 | XPO INC | XPO | 3,062,293 | $386.7M | 1.88% |
| 20 | UNITEDHEALTH GROUP INC | UNH | 1,085,961 | $338.8M | 1.65% |
| 21 | MICROCHIP TECHNOLOGY INC. | MCHPP | 4,634,620 | $326.1M | 1.59% |
| 22 | CINEMARK HLDGS INC | CNK | 10,045,947 | $303.2M | 1.47% |
| 23 | NEWMONT CORP | NEMCL | 5,006,484 | $291.7M | 1.42% |
| 24 | AES CORP | AES | 27,618,252 | $290.5M | 1.41% |
| 25 | NU HLDGS LTD | NU | 18,839,995 | $258.5M | 1.26% |
| 26 | BANCO BRADESCO S A | 059460303 | 81,034,974 | $250.4M | 1.22% |
| 27 | RENAISSANCERE HLDGS LTD | RNR-PG | 991,483 | $240.8M | 1.17% |
| 28 | SPDR GOLD TR | GLD | 783,273 | $238.8M | 1.16% |
| 29 | FIRSTSERVICE CORP NEW | FSV | 1,324,692 | $231.3M | 1.12% |
| 30 | FRANCO NEV CORP | FNV | 1,382,864 | $226.7M | 1.10% |
| 31 | VALE S A | VALE | 19,665,389 | $191.0M | 0.93% |
| 32 | BRUKER CORP | BRKRP | 4,474,877 | $184.4M | 0.90% |
| 33 | CEMEX SAB DE CV | CXMSF | 26,234,318 | $181.8M | 0.88% |
| 34 | BOOKING HOLDINGS INC | BKNG | 30,520 | $176.7M | 0.86% |
| 35 | TEXAS INSTRS INC | 882508104 | 809,986 | $168.2M | 0.82% |
| 36 | GENMAB A/S | GNMSF | 7,908,693 | $163.4M | 0.79% |
| 37 | SEA LTD | SE | 1,017,534 | $162.7M | 0.79% |
| 38 | XP INC | XP | 8,001,932 | $161.6M | 0.79% |
| 39 | RYDER SYS INC | R | 1,005,382 | $159.9M | 0.78% |
| 40 | INSMED INC | INSM | 1,524,134 | $153.4M | 0.75% |
| 41 | IMAX CORP | IMAX | 5,093,213 | $142.4M | 0.69% |
| 42 | CRISPR THERAPEUTICS AG | CRSP | 2,760,012 | $134.2M | 0.65% |
| 43 | BARRICK MNG CORP | 06849F108 | 6,200,567 | $129.1M | 0.63% |
| 44 | SYNAPTICS INC | SYNA | 1,833,523 | $118.8M | 0.58% |
| 45 | DIAGEO PLC | DGEAF | 1,157,991 | $116.8M | 0.57% |
| 46 | BURFORD CAP LTD | BUR | 7,662,460 | $109.3M | 0.53% |
| 47 | WHEATON PRECIOUS METALS CORP | WPM | 1,023,924 | $91.9M | 0.45% |
| 48 | MARRIOTT INTL INC NEW | 571903202 | 309,641 | $84.6M | 0.41% |
| 49 | PORTILLOS INC | 73642K106 | 6,322,143 | $73.8M | 0.36% |
| 50 | VIPSHOP HLDGS LTD | VIPS | 4,874,637 | $73.4M | 0.36% |
| 51 | YOUDAO INC | DAO | 7,497,430 | $64.5M | 0.31% |
| 52 | GOLD FIELDS LTD | GFIOF | 2,669,748 | $63.2M | 0.31% |
| 53 | MOTOROLA SOLUTIONS INC | MSI | 142,720 | $60.0M | 0.29% |
| 54 | FORTUNE BRANDS INNOVATIONS I | FBIN | 1,012,411 | $52.1M | 0.25% |
| 55 | CALIFORNIA RES CORP | CRC | 1,107,108 | $50.6M | 0.25% |
| 56 | ICON PLC | ICLR | 333,322 | $48.5M | 0.24% |
| 57 | GENERAC HLDGS INC | GNRC | 303,985 | $43.5M | 0.21% |
| 58 | ENBRIDGE INC | ENNPF | 950,133 | $43.1M | 0.21% |
| 59 | BWX TECHNOLOGIES INC | BWXT | 291,523 | $42.0M | 0.20% |
| 60 | MASTEC INC | MTZ | 236,949 | $40.4M | 0.20% |
| 61 | NAVIENT CORPORATION | JSM | 2,817,482 | $39.7M | 0.19% |
| 62 | HDFC BANK LTD | HDB | 419,431 | $32.2M | 0.16% |
| 63 | MICROSOFT CORP | MSFT | 63,322 | $31.5M | 0.15% |
| 64 | KB FINL GROUP INC | 48241A105 | 370,306 | $30.6M | 0.15% |
| 65 | CORPAY INC | CPAY | 78,258 | $26.0M | 0.13% |
| 66 | ATKORE INC | ATKR | 360,627 | $25.4M | 0.12% |
| 67 | EMCOR GROUP INC | EME | 46,346 | $24.8M | 0.12% |
| 68 | MARCUS CORP DEL | MCS | 1,359,019 | $22.9M | 0.11% |
| 69 | QXO INC | QXO-PB | 1,014,303 | $21.8M | 0.11% |
| 70 | PAGSEGURO DIGITAL LTD | PAGS | 2,085,730 | $20.1M | 0.10% |
| 71 | NATIONAL CINEMEDIA INC | NCMI | 4,132,961 | $20.0M | 0.10% |
| 72 | NOBLE CORP PLC | NE-WT | 741,409 | $19.7M | 0.10% |
| 73 | ANGLOGOLD ASHANTI PLC | AU | 427,891 | $19.5M | 0.09% |
| 74 | FIRSTSERVICE CORP NEW | FSV | 99,178 | $17.3M | 0.08% |
| 75 | MORGAN STANLEY | MS-PQ | 115,346 | $16.2M | 0.08% |
| 76 | GENPACT LIMITED | G | 359,700 | $15.8M | 0.08% |
| 77 | CALEDONIA MNG CORP PLC | G1757E113 | 782,501 | $15.1M | 0.07% |
| 78 | INTEL CORP | INTC | 633,823 | $14.2M | 0.07% |
| 79 | MOTOROLA SOLUTIONS INC | MSI | 32,843 | $13.8M | 0.07% |
| 80 | XPO INC | XPO | 87,759 | $11.1M | 0.05% |
| 81 | FUTU HLDGS LTD | FUTU | 88,899 | $11.0M | 0.05% |
| 82 | GXO LOGISTICS INCORPORATED | GXO | 202,710 | $9.9M | 0.05% |
| 83 | STERIS PLC | STE | 39,069 | $9.4M | 0.05% |
| 84 | RXO INC | RXO | 595,033 | $9.4M | 0.05% |
| 85 | BRUKER CORP | BRKRP | 203,168 | $8.4M | 0.04% |
| 86 | SPDR GOLD TR | GLD | 26,932 | $8.2M | 0.04% |
| 87 | IQVIA HLDGS INC | IQV | 51,125 | $8.1M | 0.04% |
| 88 | FRANCO NEV CORP | FNV | 29,233 | $4.8M | 0.02% |
| 89 | KINDER MORGAN INC DEL | EP-PC | 160,526 | $4.7M | 0.02% |
| 90 | BARRICK MNG CORP | 06849F108 | 102,067 | $2.1M | 0.01% |
| 91 | CINEMARK HLDGS INC | CNK | 52,227 | $1.6M | 0.01% |
| 92 | SHELL PLC | RYDAF | 21,882 | $1.5M | 0.01% |
| 93 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 5,412 | $1.2M | 0.01% |
| 94 | BURFORD CAP LTD | BUR | 69,660 | $993,352 | 0.00% |
| 95 | MICRON TECHNOLOGY INC | MU | 7,962 | $981,317 | 0.00% |
| 96 | ALNYLAM PHARMACEUTICALS INC | ALNY | 2,173 | $708,594 | 0.00% |
| 97 | NEBIUS GROUP N.V. | NBIS | 12,376 | $684,764 | 0.00% |
| 98 | QXO INC | QXO-PB | 30,865 | $664,832 | 0.00% |
| 99 | CALIFORNIA RES CORP | CRC | 14,359 | $655,776 | 0.00% |
| 100 | ELEVANCE HEALTH INC | ELV | 1,654 | $643,340 | 0.00% |
| 101 | ENBRIDGE INC | ENNPF | 13,629 | $617,666 | 0.00% |
| 102 | IMAX CORP | IMAX | 19,820 | $554,167 | 0.00% |
| 103 | BWX TECHNOLOGIES INC | BWXT | 3,522 | $507,379 | 0.00% |
| 104 | GENERAC HLDGS INC | GNRC | 3,389 | $485,339 | 0.00% |
| 105 | CEMEX SAB DE CV | CXMSF | 66,201 | $458,773 | 0.00% |
| 106 | NAVIENT CORPORATION | JSM | 31,236 | $440,428 | 0.00% |
| 107 | RXO INC | RXO | 27,976 | $439,783 | 0.00% |
| 108 | MICROCHIP TECHNOLOGY INC. | MCHPP | 6,249 | $439,742 | 0.00% |
| 109 | GXO LOGISTICS INCORPORATED | GXO | 8,776 | $427,391 | 0.00% |
| 110 | NU HLDGS LTD | NU | 30,595 | $419,763 | 0.00% |
| 111 | PORTILLOS INC | 73642K106 | 35,950 | $419,537 | 0.00% |
| 112 | MASTEC INC | MTZ | 2,458 | $418,917 | 0.00% |
| 113 | CORPAY INC | CPAY | 1,183 | $392,543 | 0.00% |
| 114 | INTERACTIVE BROKERS GROUP IN | 45841N107 | 6,840 | $379,004 | 0.00% |
| 115 | SMURFIT WESTROCK PLC | SW | 8,031 | $346,538 | 0.00% |
| 116 | ICON PLC | ICLR | 2,355 | $342,535 | 0.00% |
| 117 | NATIONAL CINEMEDIA INC | NCMI | 64,722 | $313,578 | 0.00% |
| 118 | MARCUS CORP DEL | MCS | 16,102 | $271,480 | 0.00% |
| 119 | GENMAB A/S | GNMSF | 11,707 | $241,867 | 0.00% |
| 120 | ATKORE INC | ATKR | 3,384 | $238,741 | 0.00% |
| 121 | UNITEDHEALTH GROUP INC | UNH | 756 | $235,849 | 0.00% |
| 122 | EMCOR GROUP INC | EME | 424 | $226,793 | 0.00% |
| 123 | CRISPR THERAPEUTICS AG | CRSP | 4,520 | $219,853 | 0.00% |
| 124 | ITAU UNIBANCO HLDG S A | 465562106 | 31,902 | $216,615 | 0.00% |
| 125 | INTEL CORP | INTC | 9,536 | $213,606 | 0.00% |
| 126 | NEWMONT CORP | NEMCL | 3,037 | $176,936 | 0.00% |
| 127 | IQVIA HLDGS INC | IQV | 1,070 | $168,621 | 0.00% |