Fund HoldingsRuffer LLP

Total Portfolio Value
$2.60B
Total Bought
$330.03M
Total Sold
$449.88M
Net Transaction
-$119.85M
Filing Period:
Securities
SharesValue ($K)
Q4 2023
Q1 2024
Change
Q4 2023
Q1 2024
Weight (%)
Change
CITIGROUP INC(C)1,658,4412,423,502+765,06185,351153,2375.90%+67,885
NEWMONT CORP(NEM)6,100,8228,336,676+2,235,854252,482298,74411.50%+46,262
BANK AMERICA CORP1,357,8502,235,813+877,96345,71884,7703.26%+39,052
HESS CORP0211,256+211,256032,2401.24%+32,240
THE CIGNA GROUP(CI)380,558394,432+13,874113,983143,2885.52%+29,305
BARRICK GOLD CORP9,606,21812,159,357+2,553,139173,727202,2697.79%+28,542
KINROSS GOLD CORP(KGC)19,968,34122,278,134+2,309,793120,908136,6775.26%+15,769
WHEATON PRECIOUS METALS CORP(WPM)200,756530,715+329,95911,36225,0050.96%+13,643
AGNC INVT CORP(AGNC)01,248,043+1,248,043012,3370.48%+12,337
EAST WEST BANCORP INC(EWBC)1,010,4841,060,884+50,40072,68983,8683.23%+11,179
GALIANO GOLD INC26,378,45924,289,459-2,089,00024,99133,4661.29%+8,475
PHILIP MORRIS INTL INC(PM)42,000116,500+74,5003,95210,6710.41%+6,719
TENARIS S A(TS)177,306327,545+150,2396,16412,8610.50%+6,697
CAPRI HOLDINGS LIMITED
SHS
347,230490,397+143,16717,45022,2120.86%+4,762
AMAZON COM INC(AMZN)759,557662,299-97,258115,411119,3764.60%+3,965
FMX US Equity(FMX)027,000+27,00003,5180.14%+3,518
SUNCOR ENERGY INC NEW(SU)758,401735,401-23,00024,31327,1351.04%+2,822
PAN AMERN SILVER CORP(PAAS)1,244,9441,532,247+287,30320,33623,0910.89%+2,755
ALBEMARLE CORP(ALB)014,400+14,40001,8970.07%+1,897
CENTERRA GOLD INC(CGAU)8,404,2508,781,545+377,29550,15251,7701.99%+1,618
ARIS MNG CORP(ARIS)5,155,5005,155,500016,96918,5100.71%+1,542
MARKEL GROUP INC(MTB)158,679159,440+76121,74623,1930.89%+1,447
JPMORGAN CHASE & CO(JPM)15,68115,536-1452,6703,1120.12%+442
NOW INC(DNOW)100,000100,00001,1321,5180.06%+386
SKEENA RES LTD NEW(SKE)2,337,9702,546,870+208,90011,46311,7130.45%+249
BROOKFIELD CORP(BN)120,000120,00004,8155,0240.19%+209
WELLS FARGO CO NEW(WFC)22,00022,00001,0831,2750.05%+192
CHEVRON CORP NEW(CVX)22,00022,00003,2813,4700.13%+189
SAFE BULKERS INC110,000110,00004325460.02%+114
NUTRIEN LTD(NTR)4,6276,242+1,6152613390.01%+78
DOW INC(DOW)15,97215,97208769250.04%+49
DUPONT DE NEMOURS INC(DD)22,00022,00001,6931,6860.06%-7
DRIL-QUIP INC20,00020,00004654500.02%-15
JAZZ PHARMACEUTICALS PLC(JAZZ)7,7027,70209479270.04%-21
ANHEUSER BUSCH INBEV SA/NV(BUD)17,00017,00001,0991,0330.04%-66
GOLDMINING INC901,996901,99608757900.03%-85
STAR BULK CARRIERS CORP.(SBLK)16,38310,995-5,3883482630.01%-86
ARCOS DORADOS HOLDINGS INC(ARCO)152,142152,14201,9301,6930.07%-237
DNOW INC(NE)305,775298,672-7,10314,72614,4810.56%-245
META PLATFORMS INC(MLM)3,0002,000-1,0001,4971,2270.05%-270
INTEGRA RES CORP953,831953,83101,0016840.03%-317
BERKSHIRE HATHAWAY INC DEL52,33143,440-8,89118,68218,2600.70%-422
MARKEL CORP(MKL)1,300900-4001,8481,3680.05%-480
DEUTSCHE BANK A G
NAMEN AKT
35,8500-35,8504880-488
BP PLC(BP)1,125,6701,032,570-93,10039,85438,9121.50%-942
B2GOLD CORP(BTG)3,497,6763,797,676+300,00011,0359,9500.38%-1,085
FEDERATED HERMES INC(FHI)35,0000-35,0001,1850-1,185
GENERAL ELECTRIC CO(GE)322,392220,578-101,81441,14838,7051.49%-2,444
PFIZER INC(PFE)5,796,0125,907,658+111,646166,837163,8486.31%-2,989
FOMENTO ECONOMICO MEXICANO S(FMX)27,0000-27,0003,5190-3,519
FOMENTO ECONOMICO MEXICANO S331,787243,037-88,75033,17428,2491.09%-4,924
TECK RESOURCES LTD(TECK)116,7000-116,7004,9330-4,933
PIONEER NAT RES CO24,0730-24,0735,4170-5,417
PNC FINL SVCS GROUP INC(PNC)158,520112,229-46,29124,55418,1340.70%-6,420
GRIFOLS S A(GRFS)1,076,315850,000-226,31512,4525,6820.22%-6,770
AGNICO EAGLE MINES LTD(AEM)791,524603,982-187,54243,41136,0181.39%-7,392
COTY INC(COTY)5,922,7395,498,125-424,61473,53065,7292.53%-7,800
SSR MINING IN(SSRM)743,5350-743,5357,9890-7,989
LIVENT CORP504,8000-504,8009,0590-9,059
ANGLOGOLD ASHANTI PLC(AU)1,190,159520,655-669,50422,25011,5530.44%-10,697
ALCOA CORP(AA)335,8870-335,88711,4080-11,408
FORTUNA SILVER MINES INC3,048,1400-3,048,14011,8040-11,804
NOV INC(NOV)713,7300-713,73014,4770-14,477
TAIWAN SEMICONDUCTOR MFG LTD(TSM)1,649,4561,072,361-577,095171,469145,8685.62%-25,601
FACEBOOK INC(META)74,518510-74,00826,3792480.01%-26,132
RYANAIR HOLDINGS PLC(RYAAY)955,644690,815-264,829127,477100,6393.88%-26,838
JACKSON FINANCIAL INC(JXN)1,178,355481,709-696,64660,27831,8501.23%-28,428
AMBEV SA(ABEV)51,517,69942,862,892-8,654,807144,494106,0774.08%-38,416
ALIBABA GROUP HLDG LTD(BABA)3,140,8392,768,017-372,822243,430200,3077.71%-43,123
GENERAL MTRS CO(GM)1,575,18896,670-1,478,51856,5724,3820.17%-52,191
KENVUE INC(KVUE)3,450,5710-3,450,57174,2730-74,273
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