Ruffer LLP 13F, Q3 2024
Ruffer LLP · quarter ending 30 September 2024 · filed 8 November 2024 · SEC CIK 1426859
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2024
The 25 largest of 56 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2024 filing.
| Company | Ticker | Value | % of book | vs Q2 2024 |
|---|---|---|---|---|
| NEWMONT CORP | NEM | $316.38M | 10.0% | unchanged |
| ALIBABA GROUP HLDG LTD | BABA | $279.24M | 8.8% | +13% shares |
| CITIGROUP INC | C | $210.11M | 6.6% | unchanged |
| THE CIGNA GROUP | CI | $204.66M | 6.5% | +4% shares |
| SMURFIT WESTROCK PLC | $191.96M | 6.0% | new | |
| PFIZER INC | PFE | $188.84M | 6.0% | +14% shares |
| BARRICK GOLD CORP | $177.86M | 5.6% | unchanged | |
| AMAZON COM INC | AMZN | $148.56M | 4.7% | +4% shares |
| AMBEV SA | ABEV | $118.42M | 3.7% | +19% shares |
| BANK AMERICA CORP | BAC | $104.35M | 3.3% | +11% shares |
| KINROSS GOLD CORP | KGC | $101.14M | 3.2% | -16% shares |
| ARCHER DANIELS MIDLAND CO | ADM | $78.23M | 2.5% | new |
| DEERE & CO | DE | $75.89M | 2.4% | new |
| TAIWAN SEMICONDUCTOR MFG LTD | TSM | $75.85M | 2.4% | -26% shares |
| AGNC INVT CORP | AGNC | $74.08M | 2.3% | unchanged |
| BP PLC | BP | $73.02M | 2.3% | +68% shares |
| CF INDS HLDGS INC | CF | $55.52M | 1.8% | new |
| NUTRIEN LTD | NTR | $54.37M | 1.7% | +18662% shares |
| CORTEVA INC | CTVA | $53.25M | 1.7% | new |
| MOSAIC CO NEW | MOS | $52.11M | 1.6% | new |
| CENTERRA GOLD INC | CGAU | $51.71M | 1.6% | -2% shares |
| RYANAIR HOLDINGS PLC | RYAAY | $47.21M | 1.5% | +62% shares |
| PHILIP MORRIS INTL INC | PM | $37.00M | 1.2% | +26% shares |
| EXXON MOBIL CORP | XOM | $35.80M | 1.1% | +19% shares |
| COTY INC | COTY | $30.83M | 1.0% | -47% shares |
What changed since Q2 2024
Against the Q2 2024 filing, Ruffer LLP opened 9 new positions, added to 16, trimmed 16, left 15 unchanged and exited 6. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0001426859-24-000010, filed by Ruffer LLP. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.