Latest VGI Partners Ltd Stock Portfolio

VGI Partners Ltd Performance:

2025 Q4: 9.06%YTD: 33.57%2024: 12.97%

Performance for 2025 Q4 is 9.06%, and YTD is 33.57%, and 2024 is 12.97%.

About VGI Partners Ltd and 13F Hedge Fund Stock Holdings

Regal Partners Ltd is a hedge fund based in Australia. On 2026-02-18, the fund reported it's updated stock portfolio. In the 13F Holdings report, Regal Partners Ltd reported an equity portfolio of $1.7 Billions as of 31 Dec, 2025.

The top stock holdings of Regal Partners Ltd are NEM, TCKRF, FCX. The fund has invested 11.9% of it's portfolio in NEWMONT CORP and 9.7% of portfolio in TECK RESOURCES LTD.

The fund managers got completely rid off FOX CORP (FOX), OCCIDENTAL PETROLEUM CORP (OXY) and CLEANCORE SOLUTIONS INC stocks. They significantly reduced their stock positions in ALCOA CORP (AA), ZETA GLOBAL HOLDINGS CORP (ZETA) and NEWS CORP (NWS). Regal Partners Ltd opened new stock positions in NANO NUCLEAR ENERGY INC, EQUINOX GOLD CORP (EQX) and HYCROFT MINING HOLDING CORP (HYMC). The fund showed a lot of confidence in some stocks as they added substantially to GOLD ROYALTY CORP (GROY), NU HOLDINGS LTD/CAYMAN ISLANDS (NU) and NEXGEN ENERGY LTD (NXE).

VGI Partners Ltd Annual Return Estimates Vs S&P 500

Our best estimate is that Regal Partners Ltd made a return of 9.06% in the last quarter. In trailing 12 months, it's portfolio return was 33.57%.

Performance
S&P 500

New Buys

Ticker	$ Bought
nano nuclear energy inc	23,534,600
equinox gold corp	8,893,810
hycroft mining holding corp	7,479,870
peabody energy corp	6,309,470
b2gold corp	6,180,790
taseko mines ltd	5,660,000
uranium energy corp	5,440,310
albemarle corp	4,185,920

New stocks bought by VGI Partners Ltd

Additions

Ticker	% Inc.
gold royalty corp	22,977
nu holdings ltd/cayman islands	1,751
nexgen energy ltd	412
dave inc	184
genedx holdings corp	180
union pacific corp	132
carvana co	113
inspire medical systems inc	107

Additions to existing portfolio by VGI Partners Ltd

Reductions

Ticker	% Reduced
alcoa corp	-88.19
zeta global holdings corp	-60.00
news corp	-57.18
agnico eagle mines ltd	-48.44
hudbay minerals inc	-47.04
symbotic inc	-46.94
cipher mining inc	-24.69
alphabet inc	-22.94

VGI Partners Ltd reduced stake in above stock

Sold off

Ticker	$ Sold
opthea ltd	0.00
cleancore solutions inc	-6,060,000
comstock inc	-3,953,520
fox corp	-42,758,000
iamgold corp	-5,320,640
mac copper ltd	-4,891,860
lite strategy inc	-845,354
core scientific inc	-4,988,580

VGI Partners Ltd got rid off the above stocks

Sector Distribution

Regal Partners Ltd has about 38.2% of it's holdings in Others sector.

Sector	%
Others	38.2
Basic Materials	23.7
Financial Services	14.2
Healthcare	7.4
Consumer Cyclical	7.2
Industrials	3.8
Communication Services	3.4
Technology	1.2

Market Cap. Distribution

Regal Partners Ltd has about 58.2% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	43.1
UNALLOCATED	38.2
MEGA-CAP	15.1
MID-CAP	2.2
SMALL-CAP	1.4

Stocks belong to which Index?

About 51.7% of the stocks held by Regal Partners Ltd either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	49.9
Others	48.4
RUSSELL 2000	1.8

Top 5 Winners (%)		%
AA	alcoa corp	34.4 %
	barrick mining corp	30.1 %
GOOG	alphabet inc	25.5 %
FCX	freeport-mcmoran inc	25.1 %
HBM	hudbay minerals inc	23.7 %

Top 5 Winners ($)		$
NEM	newmont corp	33.4 M
FCX	freeport-mcmoran inc	32.5 M
TCKRF	teck resources ltd	14.0 M
GOOG	alphabet inc	13.3 M
	apollo global management inc	9.3 M

Top 5 Losers (%)		%
IREN	iren ltd	-19.4 %
	hesai group	-18.6 %
HOOD	robinhood markets inc	-17.8 %
UBER	uber technologies inc	-16.3 %
GRAB	grab holdings ltd	-13.8 %

Top 5 Losers ($)		$
WYNN	wynn resorts ltd	-6.4 M
IREN	iren ltd	-1.3 M
UNP	union pacific corp	-1.0 M
NWS	news corp	-0.7 M
META	meta platforms inc	-0.4 M

VGI Partners Ltd Holdings Map

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

Current Stock Holdings of VGI Partners Ltd

Regal Partners Ltd has 97 stocks in it's portfolio. About 70.2% of the portfolio is in top 10 stocks. WYNN proved to be the most loss making stock for the portfolio. NEM was the most profitable stock for Regal Partners Ltd last quarter.

Last Reported on: 18 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AA	alcoa corp	0.16	53,390	2,837,140	reduced	-88.19

AEM	agnico eagle mines ltd	0.85	87,096	14,765,400	reduced	-48.44

AFK	vaneck gold miners etf/usa	0.18	35,551	3,049,210	added	74.88

AFK	vaneck junior gold miners etf	0.13	20,368	2,317,470	added	25.07

ALB	albemarle corp	0.24	29,595	4,185,920	new

AMR	alpha metallurgical resources	0.06	4,888	977,013	new

AMZN	amazon.com inc	1.30	97,860	22,588,000	added	2.78

APEI	american public education inc	0.02	7,338	277,376	unchanged	0.00

APLD	applied digital corp	0.06	44,400	1,088,690	added	26.86

APP	applovin corp	0.29	7,438	5,011,870	added	98.35

BABA	alibaba group holding ltd	0.00	0.00	0.00	sold off	-100

BAC	bank of america corp	7.26	2,287,780	125,828,000	added	13.35

BKD	brookdale senior living inc	0.06	100,000	1,079,000	new

BKKT	bakkt holdings inc/us	0.00	0.00	0.00	sold off	-100

BTG	b2gold corp	0.36	1,370,460	6,180,790	new

BTU	peabody energy corp	0.36	212,440	6,309,470	new

CCJ	cameco corp	1.98	375,990	34,399,300	reduced	-16.00

CIFR	cipher mining inc	0.15	180,000	2,656,800	reduced	-24.69

CLS	celestica inc	0.03	1,500	443,415	added	50.00

CPNG	coupang inc	0.00	0.00	0.00	sold off	-100