Fund HoldingsRuffer LLP

Total Portfolio Value
$2.69B
Total Bought
$948.56M
Total Sold
$167.31M
Net Transaction
+$781.25M
Filing Period:
Securities
SharesValue ($K)
Q3 2023
Q4 2023
Change
Q3 2023
Q4 2023
Weight (%)
Change
NEWMONT CORP(NEM)2,103,2326,100,822+3,997,59077,847252,4829.38%+174,635
ALIBABA GROUP HLDG LTD(BABA)1,312,8203,140,839+1,828,019112,250243,4309.04%+131,179
BARRICK GOLD CORP3,220,6529,606,218+6,385,56646,881173,7276.45%+126,846
PFIZER INC(PFE)1,662,2265,796,012+4,133,78653,300166,8376.20%+113,537
TAIWAN SEMICONDUCTOR MFG LTD(TSM)1,248,0421,649,456+401,414107,808171,4696.37%+63,661
CITIGROUP INC(C)849,8381,658,441+808,60334,98885,3513.17%+50,364
EAST WEST BANCORP INC(EWBC)643,0501,010,484+367,43433,67572,6892.70%+39,013
BP PLC(BP)31,0001,125,670+1,094,6701,22139,8541.48%+38,633
KINROSS GOLD CORP(KGC)19,091,23719,968,341+877,10487,673120,9084.49%+33,235
AMBEV SA(ABEV)45,818,51551,517,699+5,699,184117,442144,4945.37%+27,052
GENERAL MTRS CO(GM)932,8691,575,188+642,31930,92056,5722.10%+25,653
ANGLOGOLD ASHANTI PLC(AU)01,190,159+1,190,159022,2500.83%+22,250
BANK AMERICA CORP990,9601,357,850+366,89027,28945,7181.70%+18,429
CAPRI HOLDINGS LIMITED
SHS
0347,230+347,230017,4500.65%+17,450
KENVUE INC(KVUE)2,923,6753,450,571+526,89658,77474,2732.76%+15,499
AMAZON COM INC(AMZN)817,694759,557-58,137102,959115,4114.29%+12,451
AGNICO EAGLE MINES LTD(AEM)734,284791,524+57,24033,46043,4111.61%+9,951
GALIANO GOLD INC26,378,45926,378,459015,94224,9910.93%+9,048
THE CIGNA GROUP(CI)364,471380,558+16,087105,725113,9834.23%+8,257
CENTERRA GOLD INC(CGAU)8,547,1508,404,250-142,90042,37150,1521.86%+7,781
COTY INC(COTY)5,950,4095,922,739-27,67066,27673,5302.73%+7,253
JACKSON FINANCIAL INC(JXN)1,398,3541,178,355-219,99953,35060,2782.24%+6,929
M & T BK CORP(MTB)122,550158,679+36,12915,49021,7460.81%+6,256
ARIS MNG CORP(ARIS)5,155,5005,155,500011,64116,9690.63%+5,327
PNC FINL SVCS GROUP INC(PNC)159,170158,520-65019,53424,5540.91%+5,020
GENERAL ELECTRIC CO(GE)322,502322,392-11036,20741,1481.53%+4,942
BROOKFIELD CORP(BN)0120,000+120,00004,8150.18%+4,815
PAN AMERN SILVER CORP(PAAS)1,108,8581,244,944+136,08615,93020,3360.76%+4,406
TENARIS S A(TS)66,536177,306+110,7702,1326,1640.23%+4,032
SKEENA RES LTD NEW(SKE)1,782,9702,337,970+555,0008,38911,4630.43%+3,074
ALCOA CORP(AA)308,193335,887+27,6948,66611,4080.42%+2,743
FORTUNA SILVER MINES INC3,368,9403,048,140-320,8009,20611,8040.44%+2,598
WHEATON PRECIOUS METALS CORP(WPM)225,424200,756-24,6689,11711,3620.42%+2,245
GRIFOLS S A(GRFS)1,187,6501,076,315-111,33510,96112,4520.46%+1,491
B2GOLD CORP(BTG)3,497,6763,497,676010,05011,0350.41%+985
NOV INC(NOV)644,930713,730+68,80013,68014,4770.54%+798
FOMENTO ECONOMICO MEXICANO S(FMX)27,00027,00002,9123,5190.13%+607
ARCOS DORADOS HOLDINGS INC(ARCO)152,142152,14201,4321,9300.07%+498
JPMORGAN CHASE & CO(JPM)15,84415,681-1632,3372,6700.10%+333
NUTRIEN LTD(NTR)04,627+4,62702610.01%+261
MARTIN MARIETTA MATLS INC(MLM)3,0003,00001,2431,4970.06%+254
INTEGRA RES CORP953,831953,83107671,0010.04%+233
ANHEUSER BUSCH INBEV SA/NV(BUD)17,00017,00009101,0990.04%+188
WELLS FARGO CO NEW(WFC)22,00022,00009001,0830.04%+183
DEUTSCHE BANK A G
NAMEN AKT
35,85035,85003924880.02%+96
SAFE BULKERS INC110,000110,00003574320.02%+75
DOW INC(DOW)15,97215,97208138760.03%+63
PHILIP MORRIS INTL INC(PM)42,00042,00003,9063,9520.15%+46
STAR BULK CARRIERS CORP.(SBLK)16,71316,383-3303203480.01%+28
FEDERATED HERMES INC(FHI)35,00035,00001,1981,1850.04%-13
JAZZ PHARMACEUTICALS PLC(JAZZ)7,7027,70201,0099470.04%-62
NOW INC(DNOW)100,000100,00001,2291,1320.04%-97
DRIL-QUIP INC20,00020,00005774650.02%-112
MARKEL GROUP INC(MKL)1,3001,30001,9611,8480.07%-113
TECK RESOURCES LTD(TECK)123,700116,700-7,0005,2554,9330.18%-321
SSR MINING IN(SSRM)631,259743,535+112,2768,3817,9890.30%-392
CHEVRON CORP NEW(CVX)22,00022,00003,7513,2810.12%-470
BERKSHIRE HATHAWAY INC DEL54,33652,331-2,00519,38918,6820.69%-707
GOLDMINING INC2,301,996901,996-1,400,0001,8358750.03%-960
NOBLE CORP PLC(NE)307,875305,775-2,10015,81114,7260.55%-1,085
DUPONT DE NEMOURS INC(DD)40,00022,000-18,0002,9801,6930.06%-1,287
RYANAIR HOLDINGS PLC(RYAAY)1,318,168955,644-362,524129,464127,4774.74%-1,987
LIVENT CORP635,020504,800-130,22011,4849,0590.34%-2,425
SUNCOR ENERGY INC NEW(SU)761,000758,401-2,59926,80524,3130.90%-2,491
GOLD FIELDS LTD(GFI)300,0000-300,0003,2670-3,267
EXXON MOBIL CORP329,319331,787+2,46839,31233,1741.23%-6,138
META PLATFORMS INC(META)108,48074,518-33,96232,95526,3790.98%-6,576
ANGLOGOLD ASHANTI LIMITED1,490,1590-1,490,15924,3420-24,342
GODADDY INC(GDDY)393,0460-393,04629,0190-29,019
PIONEER NAT RES CO201,73324,073-177,66047,1845,4170.20%-41,768
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