13F HOLDINGS REPORT
Stenham Asset Management Ltd
Quarter ended Q2 2025 · Filed August 14, 2025 · Accession 0001214659-25-012234
Total Value
$229.4M
Positions
24
Other Managers
0
Confidential Omitted
No
Holdings (24)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | SPDR GOLD TR | GLD | 348,162 | $106.1M | 46.26% |
| 2 | MICROSOFT CORP | MSFT | 20,030 | $10.0M | 4.34% |
| 3 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 43,085 | $9.8M | 4.25% |
| 4 | MASTERCARD INCORPORATED | MA | 17,310 | $9.7M | 4.24% |
| 5 | CANADIAN PACIFIC KANSAS CITY | CP | 114,400 | $9.1M | 3.95% |
| 6 | CORE & MAIN INC | CNM | 133,000 | $8.0M | 3.50% |
| 7 | TKO GROUP HOLDINGS INC | TKO | 39,500 | $7.2M | 3.13% |
| 8 | AERCAP HOLDINGS NV | AER | 60,200 | $7.0M | 3.07% |
| 9 | HILTON WORLDWIDE HLDGS INC | HLT | 25,860 | $6.9M | 3.00% |
| 10 | AMAZON COM INC | AMZN | 31,230 | $6.9M | 2.99% |
| 11 | AMERICAN FINL GROUP INC OHIO | 025932104 | 51,200 | $6.5M | 2.82% |
| 12 | DANAHER CORPORATION | 235851102 | 32,370 | $6.4M | 2.79% |
| 13 | FERRARI N V | RACE | 12,170 | $6.0M | 2.60% |
| 14 | GE AEROSPACE | 369604301 | 22,770 | $5.9M | 2.55% |
| 15 | ZOETIS INC | ZTS | 30,200 | $4.7M | 2.05% |
| 16 | UNION PAC CORP | UNP | 18,950 | $4.4M | 1.90% |
| 17 | CME GROUP INC | CME | 15,740 | $4.3M | 1.89% |
| 18 | VISA INC | V | 11,900 | $4.2M | 1.84% |
| 19 | META PLATFORMS INC | META | 2,850 | $2.1M | 0.92% |
| 20 | ALPHABET INC | GOOG | 7,430 | $1.3M | 0.57% |
| 21 | ISHARES SILVER TR | SLV | 30,000 | $984,300 | 0.43% |
| 22 | CRH PLC | CRH | 8,400 | $771,120 | 0.34% |
| 23 | SPROTT PHYSICAL GOLD & SILVE | SII | 25,000 | $752,500 | 0.33% |
| 24 | INVESCO EXCHANGE TRADED FD T | IVZ | 7,400 | $517,334 | 0.23% |