Latest Ruffer LLP Stock Portfolio

Ruffer LLP Performance:

2025 Q3: 9.65%YTD: 22.14%2024: 4.61%

Performance for 2025 Q3 is 9.65%, and YTD is 22.14%, and 2024 is 4.61%.

About Ruffer LLP and 13F Hedge Fund Stock Holdings

Ruffer LLP is a hedge fund based in United Kingdom. On 28-Jun-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $31.3 Billions. In it's latest 13F Holdings report, Ruffer LLP reported an equity portfolio of $1.8 Billions as of 30 Sep, 2025.

The top stock holdings of Ruffer LLP are AMZN, , BAC. The fund has invested 8.2% of it's portfolio in AMAZON COM INC and 5.4% of portfolio in EQUINOX GOLD CORP.

The fund managers got completely rid off BARRICK GOLD CORP, COEUR MNG INC (CDE) and INTERPUBLIC GROUP COS INC (IPG) stocks. They significantly reduced their stock positions in CITIGROUP INC (C), TAYLOR MORRISON HOME CORP (TMHC) and KINROSS GOLD CORP. Ruffer LLP opened new stock positions in BARRICK MNG CORP, EXTRA SPACE STORAGE INC (EXR) and FIRST SOLAR INC (FSLR). The fund showed a lot of confidence in some stocks as they added substantially to COOPER COS INC (COO), UNITED THERAPEUTICS CORP DEL (UTHR) and MERCK & CO INC (MRK).

Ruffer LLP Annual Return Estimates Vs S&P 500

Our best estimate is that Ruffer LLP made a return of 9.65% in the last quarter. In trailing 12 months, it's portfolio return was 17.67%.

New Buys

Ticker	$ Bought
barrick mng corp	59,007,000
extra space storage inc	47,487,200
first solar inc	34,634,200
teck resources ltd	22,058,700
universal hlth svcs inc	18,130,000
royal gold inc	16,636,100
solventum corp	15,151,600
international flavors&fragra	13,551,700

New stocks bought by Ruffer LLP

Additions

Ticker	% Inc.
cooper cos inc	444
united therapeutics corp del	351
merck & co inc	305
gilead sciences inc	304
comcast corp new	85.74
taiwan semiconductor mfg ltd	56.37
pfizer inc	44.55
eldorado gold corp new	29.19

Additions to existing portfolio by Ruffer LLP

Reductions

Ticker	% Reduced
citigroup inc	-97.79
taylor morrison home corp	-96.69
kinross gold corp	-95.37
alphabet inc	-93.34
smurfit westrock plc	-82.71
newmont corp	-82.32
match group inc new	-73.21
ryanair holdings plc	-72.13

Ruffer LLP reduced stake in above stock

Sold off

Ticker	$ Sold
barrick gold corp	-191,876,000
coeur mng inc	-32,289,400
b2gold corp	-12,259,500
new gold inc cda	-5,940,660
interpublic group cos inc	-12,178,400
championx corporation	-8,918,200
gen digital inc	-10,522,000
alcon ag	-27,333,200

Ruffer LLP got rid off the above stocks

Sector Distribution

Ruffer LLP has about 46% of it's holdings in Others sector.

Sector	%
Others	46
Healthcare	16.2
Consumer Cyclical	10.6
Financial Services	8.4
Basic Materials	5.9
Industrials	3.3
Technology	3
Real Estate	2.7
Energy	2.2
Consumer Defensive	1.1

Market Cap. Distribution

Ruffer LLP has about 47.4% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	46
LARGE-CAP	29.8
MEGA-CAP	17.6
MID-CAP	5
SMALL-CAP	1.6

Stocks belong to which Index?

About 48.7% of the stocks held by Ruffer LLP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	51.3
S&P 500	45.7
RUSSELL 2000	3

Top 5 Winners (%)		%
NG	novagold res inc	115.2 %
NEM	newmont corp	44.7 %
HALO	halozyme therapeutics inc	41.0 %
GOOG	alphabet inc	37.3 %
ENS	enersys	31.7 %

Top 5 Winners ($)		$
NEM	newmont corp	130.2 M
GOOG	alphabet inc	22.2 M
C	citigroup inc	15.5 M
BAC	bank america corp	12.3 M
IQV	iqvia hldgs inc	6.7 M

Top 5 Losers (%)		%
CAKE	cheesecake factory inc	-12.8 %
PM	philip morris intl inc	-10.8 %
HRB	block h & r inc	-7.9 %
EXEL	exelixis inc	-5.9 %
ARW	arrow electrs inc	-5.0 %

Top 5 Losers ($)		$
CAKE	cheesecake factory inc	-2.4 M
PM	philip morris intl inc	-1.9 M
COO	cooper cos inc	-0.6 M
ARW	arrow electrs inc	-0.6 M
HRB	block h & r inc	-0.5 M

Ruffer LLP Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Ruffer LLP

Ruffer LLP has 101 stocks in it's portfolio. About 46.4% of the portfolio is in top 10 stocks. CAKE proved to be the most loss making stock for the portfolio. NEM was the most profitable stock for Ruffer LLP last quarter.

Last Reported on: 03 Nov, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ACLS	axcelis technologies inc	0.00	0.00	0.00	sold off	-100

ACMR	acm resh inc	0.00	0.00	0.00	sold off	-100

ADM	archer daniels midland co	0.00	0.00	0.00	sold off	-100

AMZN	amazon com inc	8.21	672,796	147,724,000	reduced	-7.89

APAM	artisan partners asset mgmt	0.17	70,061	3,040,650	new

ARCO	arcos dorados holdings inc	0.05	127,142	858,208	unchanged	0.00

ARW	arrow electrs inc	0.25	36,923	4,467,520	reduced	-61.64

ATKR	atkore inc	0.16	44,841	2,813,270	new

BABA	alibaba group hldg ltd	3.82	384,886	68,789,300	added	12.32

BAC	bank america corp	5.37	1,871,640	96,556,900	reduced	-35.1

BBY	best buy inc	0.05	12,094	914,548	reduced	-40.74

BMY	bristol-myers squibb co	0.38	151,760	6,844,220	new

BWA	borgwarner inc	0.22	91,181	4,008,280	reduced	-57.29

BYD	boyd gaming corp	0.00	0.00	0.00	sold off	-100

C	citigroup inc	0.12	20,970	2,128,460	reduced	-97.79

CAKE	cheesecake factory inc	0.81	265,599	14,512,300	reduced	-10.76

CALM	cal maine foods inc	0.20	38,089	3,584,000	new

CDE	coeur mng inc	0.00	0.00	0.00	sold off	-100

CHX	championx corporation	0.00	0.00	0.00	sold off	-100

CMCSA	comcast corp new	0.24	139,073	4,369,560	added	85.74