We are live on
!
Find out more
RL
Ruffer LLP Portfolio holdings
AUM
$2.83B
1-Year Est. Return
30.34%
This Fund
S&P 500
This Quarter
Est. Return
+2.86%
1 Year Est. Return
+30.34%
3 Year Est. Return
+98.01%
5 Year Est. Return
+139.76%
10 Year Est. Return
+587.97%
AUM
$2.29B
AUM Growth
-$754M
(-25%)
Cap. Flow
-$785M
Cap. Flow
% of AUM
-34.25%
Top 10 Holdings %
Top 10 Hldgs %
68.87%
Holding
105
New
16
Increased
16
Reduced
36
Closed
12
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
RKT
ROCK-TENN COMPANY CL-A
RKT
|
+$63.1M |
| 2 |
Freeport-McMoran
FCX
|
+$62.3M |
| 3 |
VanEck Gold Miners ETF
GDX
|
+$52.8M |
| 4 |
International Paper
IP
|
+$32.7M |
| 5 |
Boeing
BA
|
+$31.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Oracle
ORCL
|
+$207M |
| 2 |
Lockheed Martin
LMT
|
+$161M |
| 3 |
Humana
HUM
|
+$152M |
| 4 |
VIAB
Viacom Inc. Class B
VIAB
|
+$128M |
| 5 |
Texas Instruments
TXN
|
+$98.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 25.46% |
| 2 | Technology | 16.75% |
| 3 | Financials | 14.78% |
| 4 | Consumer Discretionary | 14.42% |
| 5 | Materials | 12.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Boeing
BA
$171B
| $318M | 13.89% |
2,121,714
+213,312
| +11% | +$31.1M |
|
|
2
Lockheed Martin
LMT
$134B
| $230M | 10.02% |
1,131,536
-813,147
| -42% | -$161M |
|
3
Microsoft
MSFT
$3.45T
| $191M | 8.34% |
4,699,153
-1,243,187
| -21% | -$54.1M |
|
|
RKT
4
DELISTED
ROCK-TENN COMPANY CL-A
RKT
| $161M | 7.05% |
2,503,583
+962,344
| +62% | +$63.1M |
|
5
Jefferies Financial Group
JEF
$12.6B
| $156M | 6.81% |
7,821,956
+17,037
| +0.2% | +$352K |
|
6
eBay
EBAY
$50.6B
| $125M | 5.44% |
5,133,065
-753,694
| -13% | -$18M |
|
|
ATML
7
DELISTED
ATMEL CORP
ATML
| $120M | 5.24% |
14,576,165
-8,237,208
| -36% | -$69.2M |
|
|
8
Texas Instruments
TXN
$252B
| $96.6M | 4.21% |
1,688,516
-1,754,575
| -51% | -$98.5M |
|
|
GG
9
DELISTED
Goldcorp Inc
GG
| $93.4M | 4.08% |
5,157,426
+1,046,454
| +25% | +$22.3M |
|
|
AET
10
DELISTED
Aetna Inc
AET
| $87.1M | 3.8% |
817,457
-57,615
| -7% | -$5.64M |
|
|
11
Freeport-McMoran
FCX
$90B
| $72.7M | 3.17% |
3,833,580
+3,152,057
| +463% | +$62.3M |
|
|
B
12
Barrick Mining
B
$61.5B
| $68.6M | 2.99% |
6,257,695
-709,986
| -10% | -$8.4M |
|
|
13
Oracle
ORCL
$374B
| $60.4M | 2.63% |
1,398,255
-4,773,026
| -77% | -$207M |
|
|
14
VanEck Gold Miners ETF
GDX
$22.7B
| $55.1M | 2.41% |
3,025,175
+2,587,153
| +591% | +$52.8M |
|
|
15
Humana
HUM
$43.7B
| $49.7M | 2.17% |
279,003
-961,917
| -78% | -$152M |
|
16
Kinross Gold
KGC
$27.4B
| $38M | 1.66% |
17,038,012
+7,942,451
| +87% | +$23.1M |
|
17
JPMorgan Chase
JPM
$935B
| $36.6M | 1.6% |
604,391
-461,133
| -43% | -$27.3M |
|
|
18
International Paper
IP
$21.6B
| $33.7M | 1.47% |
640,731
+630,854
| +6,387% | +$32.7M |
|
|
FCB
19
DELISTED
FCB Financial Holdings, Inc.
FCB
| $33.1M | 1.45% |
1,210,000
| – | – |
|
20
Alphabet (Google) Class C
GOOG
$4.36T
| $25.8M | 1.13% |
935,120
-303,652
| -25% | -$8.14M |
|
|
VIAB
21
DELISTED
Viacom Inc. Class B
VIAB
| $22.7M | 0.99% |
331,905
-1,846,675
| -85% | -$128M |
|
22
Gilead Sciences
GILD
$162B
| $17.3M | 0.75% |
+176,118
| New | +$17.9M |
|
23
Canadian Solar
CSIQ
$1.02B
| $16.4M | 0.72% |
491,679
-344,713
| -41% | -$9.51M |
|
24
General Dynamics
GD
$104B
| $15.3M | 0.67% |
112,701
-658,660
| -85% | -$90.3M |
|
25
VanEck Junior Gold Miners ETF
GDXJ
$6.89B
| $14M | 0.61% |
618,607
+354,894
| +135% | +$9.2M |
|
Similar funds
GS
ISL
AIP
AF
SAI
MWM
MSDF
WG
Ruffer LLP's Q1 2015 Portfolio in Review
As of Q1 2015, Ruffer LLP held 105 positions worth $2.29B, down 25% from $3.05B the previous quarter. Its ten largest holdings account for 69% of the portfolio.
Ruffer LLP withdrew a net $785M in Q1 2015, closing 12 positions and reducing 36 holdings. Its most notable exit was Thomson Reuters, an estimated $17.6M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 25% of assets, up from 25% a quarter earlier, followed by Technology and Financials.
Against the trend, Ruffer LLP opened a new position in Gilead Sciences worth $17.3M.
- Ruffer LLP's largest Q1 2015 buy was Gilead Sciences: 176,118 shares worth $17.3M.
- Ruffer LLP added most to ROCK-TENN COMPANY CL-A in Q1 2015, an estimated $63.1M increase.
- Ruffer LLP's biggest Q1 2015 reduction was Oracle, cutting an estimated $207M.
- Ruffer LLP fully exited Thomson Reuters in Q1 2015, selling an estimated $17.6M.
- Ruffer LLP's ten largest holdings make up 69% of its $2.29B portfolio in Q1 2015.
- Ruffer LLP opened 16 new positions and closed 12 in Q1 2015.
- Ruffer LLP's portfolio value fell 25% quarter-over-quarter to $2.29B.
Based on Ruffer LLP's 13F filing for Q1 2015, filed 12 May 2015.