We are live on ! Find out more
OAG

Orbis Allan Gray Portfolio holdings

AUM $29.1B
1-Year Est. Return 60.8%
This Fund
S&P 500
This Quarter Est. Return
+4.76%
1 Year Est. Return
+60.8%
3 Year Est. Return
+154.65%
5 Year Est. Return
+203.47%
10 Year Est. Return
+909.03%
AUM
$23.7B
AUM Growth
-$160M
Cap. Flow
-$426M
Cap. Flow %
-1.8%
Top 10 Hldgs %
37.81%
Holding
99
New
10
Increased
43
Reduced
34
Closed
8

Top Buys

Rank Stock Value
1
EQT icon
EQT Corp
EQT
+$506M
2
NBIS
Nebius Group N.V.
NBIS
+$497M
3
NVDA icon
NVIDIA
NVDA
+$383M
4
PRAX icon
Praxis Precision Medicines
PRAX
+$377M
5
FSV icon
FirstService
FSV
+$302M

Top Sells

Rank Stock Value
1
UNH icon
UnitedHealth
UNH
+$852M
2
ICLR icon
Icon
ICLR
+$768M
3
INSM icon
Insmed
INSM
+$355M
4
ELV icon
Elevance Health
ELV
+$349M
5
FBIN icon
Fortune Brands Innovations
FBIN
+$338M

Sector Composition

Rank Sector Weight
1 Industrials 16.49%
2 Healthcare 16.12%
3 Communication Services 12.89%
4 Technology 12.46%
5 Materials 10.99%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CPAY icon
1
Corpay
CPAY
$27.5B
$1.56B 6.56%
5,345,425
+357,457
+7% +$114M
QXO
2
QXO Inc
QXO
$15.7B
$1.44B 6.06%
73,951,325
-11,533,149
-13% -$264M
NBIS
3
Nebius Group N.V.
NBIS
$75B
$863M 3.64%
8,314,766
+4,979,408
+149% +$497M
MSI icon
4
Motorola Solutions
MSI
$77.2B
$811M 3.42%
1,869,937
+586,872
+46% +$254M
PRAX icon
5
Praxis Precision Medicines
PRAX
$10.1B
$797M 3.36%
2,472,480
+1,217,318
+97% +$377M
EQT icon
6
EQT Corp
EQT
$34.3B
$771M 3.25%
12,112,733
+8,633,628
+248% +$506M
GOOGL icon
7
Alphabet (Google) Class A
GOOGL
$4.22T
$723M 3.05%
2,513,283
-150,506
-6% -$47.3M
GXO icon
8
GXO Logistics
GXO
$5.57B
$696M 2.94%
13,424,844
– –
XPO icon
9
XPO
XPO
$24.8B
$663M 2.8%
3,409,092
-243,497
-7% -$43.6M
BRKR icon
10
Bruker
BRKR
$8.81B
$648M 2.73%
17,940,076
+3,033,346
+20% +$127M
WLK icon
11
Westlake Corp
WLK
$10.2B
$618M 2.61%
5,293,519
+906,884
+21% +$87.9M
ITUB icon
12
Itaú Unibanco
ITUB
$79.9B
$580M 2.45%
69,269,672
-12,412,943
-15% -$104M
STE icon
13
Steris
STE
$22.8B
$573M 2.42%
2,592,912
+343,401
+15% +$84M
NEM icon
14
Newmont
NEM
$124B
$560M 2.36%
5,170,675
-1,152,094
-18% -$133M
FSV icon
15
FirstService
FSV
$6.17B
$551M 2.33%
3,968,227
+1,983,550
+100% +$302M
SW
16
Smurfit Westrock
SW
$25.8B
$549M 2.32%
13,775,054
-181,814
-1% -$7.84M
RXO icon
17
RXO
RXO
$3.88B
$532M 2.24%
36,397,974
+1,720,219
+5% +$25.2M
BTI icon
18
British American Tobacco
BTI
$123B
$451M 1.9%
7,705,968
-1,594,933
-17% -$94.4M
ALNY icon
19
Alnylam Pharmaceuticals
ALNY
$30.4B
$442M 1.86%
1,334,825
-283,394
-18% -$96.4M
CNK icon
20
Cinemark Holdings
CNK
$4.28B
$429M 1.81%
15,057,911
– –
CX icon
21
Cemex
CX
$16B
$425M 1.79%
37,142,422
+1,009,689
+3% +$12M
IBKR icon
22
Interactive Brokers
IBKR
$41.7B
$410M 1.73%
6,118,045
-3,155,690
-34% -$225M
NTES icon
23
NetEase
NTES
$80B
$401M 1.69%
3,584,478
+195,029
+6% +$24.2M
SHEL icon
24
Shell
SHEL
$250B
$383M 1.61%
4,113,710
+2,637,355
+179% +$213M
KMI icon
25
Kinder Morgan
KMI
$73B
$379M 1.6%
11,308,464
+758,127
+7% +$23.7M
1
2 3 4

Similar funds

Coatue Management
Coatue Management New York $29.1B AUM 96.54% 1-Year Est. Return
Hudson Bay Capital Management
Hudson Bay Capital Management Stamford, Connecticut $29B AUM 30.2% 1-Year Est. Return
State of Tennessee, Department of Treasury
State of Tennessee, Department of Treasury Nashville, Tennessee $29.8B AUM 29.48% 1-Year Est. Return
Eagle Capital Management (New York)
Eagle Capital Management (New York) New York $29.8B AUM 12.13% 1-Year Est. Return
N
Natixis Paris, France $28B AUM 26.79% 1-Year Est. Return
Ohio Public Employees Retirement System (OPERS)
Ohio Public Employees Retirement System (OPERS) Columbus, Ohio $30.9B AUM 29.72% 1-Year Est. Return
Gates Foundation Trust
Gates Foundation Trust Kirkland, Washington $31.7B AUM 20.52% 1-Year Est. Return
Treasurer of the State of North Carolina
Treasurer of the State of North Carolina Raleigh, North Carolina $31.8B AUM 28.93% 1-Year Est. Return

Orbis Allan Gray's Q1 2026 Portfolio in Review

As of Q1 2026, Orbis Allan Gray held 99 positions worth $23.7B, down 0.67% from $23.9B the previous quarter. Its ten largest holdings account for 38% of the portfolio.

Orbis Allan Gray's Q1 2026 filing shows 10 new, 43 increased, 34 reduced and 8 closed positions. Its largest new stake was NVIDIA: 2,089,904 shares worth $364M. The largest sale was UnitedHealth, an estimated $852M.

By sector, the portfolio is most concentrated in Industrials at 16% of assets, down from 17% a quarter earlier, followed by Healthcare and Communication Services.

  • Orbis Allan Gray's largest Q1 2026 buy was NVIDIA: 2,089,904 shares worth $364M.
  • Orbis Allan Gray added most to EQT Corp in Q1 2026, an estimated $506M increase.
  • Orbis Allan Gray's biggest Q1 2026 reduction was Insmed, cutting an estimated $355M.
  • Orbis Allan Gray fully exited UnitedHealth in Q1 2026, selling an estimated $852M.
  • Orbis Allan Gray's ten largest holdings make up 38% of its $23.7B portfolio in Q1 2026.
  • Orbis Allan Gray opened 10 new positions and closed 8 in Q1 2026.
  • Orbis Allan Gray's portfolio value fell 0.67% quarter-over-quarter to $23.7B.

Based on Orbis Allan Gray's 13F filing for Q1 2026, filed 15 May 2026.