We are live on ! Find out more
OAG

Orbis Allan Gray Portfolio holdings

AUM $23.7B
1-Year Est. Return 65.43%
This Fund
S&P 500
This Quarter Est. Return
+1.19%
1 Year Est. Return
+65.43%
3 Year Est. Return
+132.45%
5 Year Est. Return
+177.59%
10 Year Est. Return
+818.17%
AUM
$17.5B
AUM Growth
-$1.1B
Cap. Flow
-$802M
Cap. Flow %
-4.59%
Top 10 Hldgs %
44.37%
Holding
91
New
7
Increased
34
Reduced
33
Closed
13

Top Buys

Rank Stock Value
1
MCHP icon
Microchip Technology
MCHP
+$425M
2
STE icon
Steris
STE
+$340M
3
ELV icon
Elevance Health
ELV
+$273M
4
PDD icon
Pinduoduo
PDD
+$264M
5
SW
Smurfit Westrock
SW
+$220M

Top Sells

Rank Stock Value
1
UNH icon
UnitedHealth
UNH
+$625M
2
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$409M
3
IBKR icon
Interactive Brokers
IBKR
+$355M
4
GOOG icon
Alphabet (Google) Class C
GOOG
+$314M
5
TXN icon
Texas Instruments
TXN
+$287M

Sector Composition

Rank Sector Weight
1 Industrials 19.7%
2 Healthcare 14.55%
3 Technology 14.23%
4 Communication Services 11.08%
5 Financials 10.21%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PDD icon
26
Pinduoduo
PDD
$118B
$284M 1.62%
2,397,312
+2,299,659
+2,355% +$264M
GLD icon
27
SPDR Gold Trust
GLD
$131B
$274M 1.57%
951,603
-19,469
-2% -$5.15M
NEM icon
28
Newmont
NEM
$98.2B
$274M 1.57%
5,672,683
+92,387
+2% +$4.06M
CNK icon
29
Cinemark Holdings
CNK
$3.82B
$252M 1.44%
10,142,246
-1,155,209
-10% -$32.2M
FSV icon
30
FirstService
FSV
$6.32B
$235M 1.35%
1,417,190
+224,125
+19% +$39.3M
ITUB icon
31
Itaú Unibanco
ITUB
$91.3B
$228M 1.3%
+42,631,856
New +$215M
GOOGL icon
32
Alphabet (Google) Class A
GOOGL
$3.91T
$201M 1.15%
1,301,632
-2,252,525
-63% -$409M
MU icon
33
Micron Technology
MU
$1.04T
$200M 1.14%
2,301,640
-484,707
-17% -$46.6M
BKNG icon
34
Booking.com
BKNG
$138B
$194M 1.11%
1,054,300
-149,375
-12% -$28.6M
NU icon
35
Nu Holdings
NU
$68.1B
$151M 0.86%
+14,722,930
New +$174M
SYNA icon
36
Synaptics
SYNA
$4.41B
$141M 0.8%
2,207,130
-67,859
-3% -$4.92M
R icon
37
Ryder
R
$10.3B
$125M 0.72%
870,959
+7,429
+0.9% +$1.16M
GMAB icon
38
Genmab
GMAB
$17.7B
$112M 0.64%
5,710,741
+2,895,179
+103% +$60.7M
VIPS icon
39
Vipshop
VIPS
$6.84B
$110M 0.63%
7,009,180
+1,084,345
+18% +$16.4M
SE icon
40
Sea Limited
SE
$61.2B
$108M 0.62%
828,958
-177,586
-18% -$22M
B
41
Barrick Mining
B
$62.2B
$107M 0.61%
5,481,945
-101,229
-2% -$1.77M
WPM icon
42
Wheaton Precious Metals
WPM
$50.6B
$103M 0.59%
1,326,424
– –
IMAX icon
43
IMAX
IMAX
$2.38B
$102M 0.59%
3,882,766
+425,081
+12% +$10.6M
ACGL icon
44
Arch Capital
ACGL
$36.1B
$99M 0.57%
1,029,505
-34,321
-3% -$3.17M
BUR icon
45
Burford Capital
BUR
$907M
$95.6M 0.55%
7,235,504
+677,271
+10% +$9.51M
PFSI icon
46
PennyMac Financial
PFSI
$4.38B
$92.8M 0.53%
926,775
+757,489
+447% +$77.7M
CX icon
47
Cemex
CX
$17.4B
$77.6M 0.44%
13,831,102
+7,416,743
+116% +$44.9M
GFI icon
48
Gold Fields
GFI
$29.2B
$77.2M 0.44%
3,494,861
-1,529,362
-30% -$28M
G icon
49
Genpact
G
$5.3B
$75.9M 0.43%
1,506,477
-302,065
-17% -$15M
MAR icon
50
Marriott International
MAR
$98.7B
$73.8M 0.42%
309,641
+13,750
+5% +$3.74M
1
2
3 4

Similar funds

Jacobs Levy Equity Management
Jacobs Levy Equity Management Florham Park, New Jersey $23.8B AUM 25.4% 1-Year Est. Return
Westfield Capital Management
Westfield Capital Management Boston, Massachusetts $23.8B AUM 49.45% 1-Year Est. Return
CHP
Castle Hook Partners New York $23.4B AUM 158.96% 1-Year Est. Return
Teacher Retirement System of Texas
Teacher Retirement System of Texas Austin, Texas $24B AUM 29.51% 1-Year Est. Return
SAM
SEB Asset Management Stockholm $23.4B AUM
Walleye Capital
Walleye Capital New York $24B AUM 37.67% 1-Year Est. Return
JG
Jain Global New York $24.2B AUM 34.82% 1-Year Est. Return
EARNEST Partners
EARNEST Partners Atlanta, Georgia $24.3B AUM 34.41% 1-Year Est. Return

Orbis Allan Gray's Q1 2025 Portfolio in Review

As of Q1 2025, Orbis Allan Gray held 91 positions worth $17.5B, down 5.9% from $18.6B the previous quarter. Its ten largest holdings account for 44% of the portfolio.

Orbis Allan Gray withdrew a net $802M in Q1 2025, closing 13 positions and reducing 33 holdings. Its most notable exit was Alphabet (Google) Class C, an estimated $314M position sold in full.

By sector, the portfolio is most concentrated in Industrials at 20% of assets, down from 23% a quarter earlier, followed by Healthcare and Technology.

Against the trend, Orbis Allan Gray opened a new position in Microchip Technology worth $370M.

  • Orbis Allan Gray's largest Q1 2025 buy was Microchip Technology: 7,635,024 shares worth $370M.
  • Orbis Allan Gray added most to Elevance Health in Q1 2025, an estimated $273M increase.
  • Orbis Allan Gray's biggest Q1 2025 reduction was UnitedHealth, cutting an estimated $625M.
  • Orbis Allan Gray fully exited Alphabet (Google) Class C in Q1 2025, selling an estimated $314M.
  • Orbis Allan Gray's ten largest holdings make up 44% of its $17.5B portfolio in Q1 2025.
  • Orbis Allan Gray opened 7 new positions and closed 13 in Q1 2025.
  • Orbis Allan Gray's portfolio value fell 5.9% quarter-over-quarter to $17.5B.

Based on Orbis Allan Gray's 13F filing for Q1 2025, filed 15 May 2025.