Fund Holdings — Ruffer LLP

Total Portfolio Value
$1.80B
Total Bought
$629.52M
Total Sold
$1.17B
Net Transaction
-$542.05M
Filing Period:
Securities
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SharesValue ($K)
Q2 2025
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Q3 2025
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Change
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Q2 2025
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Q3 2025
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Weight (%)
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Change
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COOPER COS INC(COO)247,6621,347,850+1,100,18817,62492,4075.14%+74,784
BARRICK MNG CORP(B)01,800,635+1,800,635059,0073.28%+59,007
EQUINOX GOLD CORP(EQX)7,499,6018,651,889+1,152,28843,26796,9925.39%+53,724
EXTRA SPACE STORAGE INC(EXR)0336,942+336,942047,4872.64%+47,487
FIRST SOLAR INC(FSLR)0157,055+157,055034,6341.93%+34,634
ALIBABA GROUP HLDG LTD(BABA)342,672384,886+42,21438,86268,7893.82%+29,927
TAIWAN SEMICONDUCTOR MFG LTD(TSM)130,711204,387+73,67629,60557,0833.17%+27,478
MERCK & CO INC(MRK)90,932368,848+277,9167,19830,9571.72%+23,759
TECK RESOURCES LTD(TECK)0502,602+502,602022,0591.23%+22,059
ELDORADO GOLD CORP NEW(EGO)1,093,5531,412,740+319,18722,24340,8142.27%+18,571
UNIVERSAL HLTH SVCS INC(UHS)088,680+88,680018,1301.01%+18,130
PFIZER INC(PFE)1,399,5132,023,065+623,55233,92351,5472.87%+17,623
UNITED THERAPEUTICS CORP DEL(UTHR)10,76348,545+37,7823,09320,3501.13%+17,257
ROYAL GOLD INC(RGLD)082,940+82,940016,6360.92%+16,636
GILEAD SCIENCES INC(GILD)45,097182,343+137,2465,00020,2401.12%+15,240
SOLVENTUM CORP(SOLV)0207,557+207,557015,1520.84%+15,152
INTERNATIONAL FLAVORS&FRAGRA(IFF)0220,210+220,210013,5520.75%+13,552
REGENERON PHARMACEUTICALS(REGN)021,540+21,540012,1110.67%+12,111
GALIANO GOLD INC(GAU)18,943,25216,611,028-2,332,22424,09336,1722.01%+12,079
CENTERRA GOLD INC(CGAU)7,153,3095,904,103-1,249,20651,59063,2653.52%+11,675
BP PLC(BP)2,294,3302,294,780+45068,66979,0784.40%+10,409
PAN AMERN SILVER CORP(PAAS)913,329901,751-11,57825,93934,9251.94%+8,986
U HAUL HOLDING COMPANY0145,669+145,66907,4140.41%+7,414
BRISTOL-MYERS SQUIBB CO(BMY)0151,760+151,76006,8440.38%+6,844
GE AEROSPACE(GE)92,175100,365+8,19023,72430,1911.68%+6,467
FEDERATED HERMES INC(FHI)0116,781+116,78106,0640.34%+6,064
ARIS MNG CORP(ARIS)5,239,2484,114,728-1,124,52035,32140,3362.24%+5,015
JANUS HENDERSON GROUP PLC098,157+98,15704,3690.24%+4,369
PRICE T ROWE GROUP INC(TROW)042,144+42,14404,3260.24%+4,326
INTEGRA RES CORP(ITRG)3,243,1533,156,453-86,7004,9129,2100.51%+4,298
MICRON TECHNOLOGY INC(MU)025,664+25,66404,2940.24%+4,294
SUNCOR ENERGY INC NEW(SU)929,257935,037+5,78034,84839,1342.18%+4,286
HF SINCLAIR CORP(DINO)074,875+74,87503,9190.22%+3,919
LKQ CORP(LKQ)0124,210+124,21003,7930.21%+3,793
TRAVEL PLUS LEISURE CO(TNL)063,583+63,58303,7830.21%+3,783
GARRETT MOTION INC(GTX)0270,470+270,47003,6840.20%+3,684
VIRTU FINL INC(VIRT)0103,237+103,23703,6650.20%+3,665
CAL MAINE FOODS INC(CALM)038,089+38,08903,5840.20%+3,584
MILLICOM INTL CELLULAR S A
COM STK
071,312+71,31203,4610.19%+3,461
ARTISAN PARTNERS ASSET MGMT(APAM)070,061+70,06103,0410.17%+3,041
FRONTLINE PLC(FRO)0124,843+124,84302,8450.16%+2,845
ATKORE INC044,841+44,84102,8130.16%+2,813
SHOALS TECHNOLOGIES GROUP IN(SHLS)0369,142+369,14202,7350.15%+2,735
UPWORK INC(UPWK)0146,239+146,23902,7160.15%+2,716
SUPERNUS PHARMACEUTICALS INC(SUPN)055,385+55,38502,6470.15%+2,647
PERMIAN RESOURCES CORP(PR)0203,761+203,76102,6080.14%+2,608
PNC FINL SVCS GROUP INC(PNC)130,619131,909+1,29024,35026,5041.47%+2,154
CATALYST PHARMACEUTICALS INC0108,616+108,61602,1400.12%+2,140
FRANCO NEV CORP(FNV)09,320+9,32002,0780.12%+2,078
COMCAST CORP NEW(CCZ)74,875139,073+64,1982,6724,3700.24%+1,697
EXXON MOBIL CORP276,717278,242+1,52529,82931,3711.74%+1,542
NOBLE CORP PLC(NE)285,719289,439+3,7207,5868,1850.45%+599
BROOKFIELD CORP(BN)56,50056,50003,4953,8750.22%+380
SABRA HEALTH CARE REIT INC(SBRA)018,886+18,88603520.02%+352
PUBLIC STORAGE OPER CO(PSA)01,150+1,15003320.02%+332
JPMORGAN CHASE & CO.(JPM)7,0007,00002,0292,2080.12%+179
BERKSHIRE HATHAWAY INC DEL9,0009,00004,3724,5250.25%+153
CHEVRON CORP NEW(CVX)11,00011,00001,5751,7080.09%+133
WELLS FARGO CO NEW(WFC)5,0005,00004014190.02%+19
EXELIXIS INC(EXEL)76,31081,696+5,3863,3633,3740.19%+11
FOMENTO ECONOMICO MEXICANO S(FMX)8,0008,00008247890.04%-35
HALOZYME THERAPEUTICS INC(HALO)43,42830,199-13,2292,2592,2150.12%-44
TENARIS S A(TS)59,34959,34902,2202,1230.12%-97
ARCOS DORADOS HOLDINGS INC(ARCO)127,142127,14201,0038580.05%-145
GOLDMINING INC901,996401,996-500,0006504910.03%-159
M & T BK CORP(MTB)13,02011,240-1,7802,5262,2210.12%-305
EAST WEST BANCORP INC(EWBC)3,8900-3,8903930—-393
ANHEUSER BUSCH INBEV SA/NV(BUD)45,00045,00003,0922,6820.15%-410
BEST BUY INC(BBY)20,40712,094-8,3131,3709150.05%-455
OWENS CORNING NEW(OC)28,56424,382-4,1823,9283,4490.19%-479
NOVAGOLD RES INC423,670140,480-283,1901,7331,2360.07%-497
SKEENA RES LTD NEW(SKE)1,511,6551,270,055-241,60024,07123,3941.30%-677
MUELLER INDS INC(MLI)70,07647,988-22,0885,5694,8520.27%-717
ENERSYS(ENS)65,34441,526-23,8185,6054,6910.26%-914
FLUOR CORP NEW(FLR)18,5900-18,5909530—-953
INCYTE CORP(INCY)69,32544,135-25,1904,7213,7430.21%-978
OSHKOSH CORP(OSK)34,88618,991-15,8953,9612,4630.14%-1,498
PHILIP MORRIS INTL INC(PM)94,10995,079+97017,14015,4220.86%-1,718
AXCELIS TECHNOLOGIES INC24,7310-24,7311,7240—-1,724
ROYALTY PHARMA PLC(RPRX)177,931130,184-47,7476,4114,5930.26%-1,818
COPA HOLDINGS SA(CPA)56,48836,729-19,7596,2124,3640.24%-1,848
IAMGOLD CORP(IAG)258,3000-258,3001,8990—-1,899
ALLIED GOLD CORP(AAUC)793,940498,940-295,00010,6708,7210.48%-1,949
SANDSTORM GOLD LTD210,0900-210,0901,9750—-1,975
BLOCK H & R INC125,59791,950-33,6476,8944,6500.26%-2,244
ENDAVA PLC(DAVA)209,18764,000-145,1873,2055820.03%-2,622
AGNICO EAGLE MINES LTD(AEM)22,6790-22,6792,6970—-2,697
HARMONY BIOSCIENCES HLDGS IN(HRMY)86,2110-86,2112,7240—-2,724
GRIFFON CORP(GFF)41,3200-41,3202,9900—-2,990
BORGWARNER INC213,50791,181-122,3267,1484,0080.22%-3,140
DORMAN PRODS INC(DORM)55,61622,392-33,2246,8223,4900.19%-3,332
MATSON INC(MATX)30,7400-30,7403,4230—-3,423
TOLL BROTHERS INC(TOL)58,67923,670-35,0096,6973,2700.18%-3,428
POWELL INDS INC(POWL)17,2710-17,2713,6340—-3,634
CHEESECAKE FACTORY INC(CAKE)297,629265,599-32,03018,64914,5120.81%-4,137
REV GROUP INC102,3980-102,3984,8730—-4,873
ARCHER DANIELS MIDLAND CO93,9100-93,9104,9570—-4,957
HEWLETT PACKARD ENTERPRISE C(HPE)440,760164,531-276,2299,0134,0410.22%-4,973
KB HOME(KBH)107,7510-107,7515,7080—-5,708
NEW GOLD INC CDA1,200,1340-1,200,1345,9410—-5,941
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Ruffer LLP — 13F Holdings — Q3 2025 | TickerTrail