We are live on
!
Find out more
RL
Ruffer LLP Portfolio holdings
AUM
$2.44B
1-Year Est. Return
44.75%
This Fund
S&P 500
This Quarter
Est. Return
+40.62%
1 Year Est. Return
+44.75%
3 Year Est. Return
+105.9%
5 Year Est. Return
+158.64%
10 Year Est. Return
+642.68%
AUM
$2.59B
AUM Growth
+$386M
(+18%)
Cap. Flow
-$506M
Cap. Flow
% of AUM
-19.58%
Top 10 Holdings %
Top 10 Hldgs %
63.66%
Holding
92
New
14
Increased
15
Reduced
40
Closed
9
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
American Express
AXP
|
+$155M |
| 2 |
General Motors
GM
|
+$108M |
| 3 |
SCHW
Charles Schwab
SCHW
|
+$84M |
| 4 |
JPMorgan Chase
JPM
|
+$60.4M |
| 5 |
Cemex
CX
|
+$34.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$137M |
| 2 |
Newmont
NEM
|
+$100M |
| 3 |
ExxonMobil
XOM
|
+$83.8M |
| 4 |
FL
Foot Locker
FL
|
+$70.2M |
| 5 |
Freeport-McMoran
FCX
|
+$67.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Materials | 46.84% |
| 2 | Financials | 21.89% |
| 3 | Healthcare | 13.5% |
| 4 | Consumer Discretionary | 7.44% |
| 5 | Communication Services | 6.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Kinross Gold
KGC
$28.5B
| $305M | 11.81% |
40,032,660
-2,583,518
| -6% | -$16.8M |
|
2
Wheaton Precious Metals
WPM
$50.6B
| $202M | 7.83% |
4,354,190
-259,399
| -6% | -$10.2M |
|
|
3
American Express
AXP
$223B
| $169M | 6.54% |
+1,682,363
| New | +$155M |
|
|
4
General Motors
GM
$74.7B
| $167M | 6.46% |
6,254,511
+4,424,753
| +242% | +$108M |
|
5
Cigna
CI
$76.6B
| $163M | 6.3% |
823,416
-307,641
| -27% | -$58.4M |
|
6
Centene
CNC
$31.3B
| $145M | 5.63% |
2,168,223
-451,048
| -17% | -$29.4M |
|
|
7
Walt Disney
DIS
$165B
| $137M | 5.31% |
1,167,352
-1,243,975
| -52% | -$137M |
|
8
AngloGold Ashanti
AU
$40.3B
| $125M | 4.83% |
4,010,323
-388,833
| -9% | -$9.61M |
|
9
Gold Fields
GFI
$29.2B
| $122M | 4.7% |
12,232,358
-1,472,532
| -11% | -$11.2M |
|
10
IAMGOLD
IAG
$8.47B
| $110M | 4.26% |
26,380,412
+976,910
| +4% | +$3.36M |
|
11
eHealth
EHTH
$42.5M
| $97.2M | 3.76% |
938,288
-409,406
| -30% | -$47.6M |
|
|
12
Newmont
NEM
$98.2B
| $87.7M | 3.39% |
1,345,811
-1,695,791
| -56% | -$100M |
|
|
13
JPMorgan Chase
JPM
$939B
| $86.2M | 3.33% |
868,512
+636,134
| +274% | +$60.4M |
|
|
SCHW
14
Charles Schwab
SCHW
$177B
| $83.5M | 3.23% |
+2,345,087
| New | +$84M |
|
|
15
Cemex
CX
$17.4B
| $48M | 1.86% |
15,821,629
+14,521,629
| +1,117% | +$34.1M |
|
16
Equinox Gold
EQX
$7.32B
| $40.9M | 1.58% |
3,452,722
-39,193
| -1% | -$351K |
|
|
GAU
17
Galiano Gold
GAU
$486M
| $37.5M | 1.45% |
27,014,416
+223,156
| +0.8% | +$250K |
|
|
18
ExxonMobil
XOM
$651B
| $36.9M | 1.43% |
783,200
-1,868,961
| -70% | -$83.8M |
|
19
Berkshire Hathaway Class B
BRK.B
$1.07T
| $34.8M | 1.35% |
+184,969
| New | +$33.8M |
|
|
DRD
20
DRDGold
DRD
$1.82B
| $33.9M | 1.31% |
2,033,344
-2,702,622
| -57% | -$26.7M |
|
21
Synchrony
SYF
$23.7B
| $32.1M | 1.24% |
1,371,012
-2,337,440
| -63% | -$45.5M |
|
|
BFYT
22
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
| $27.7M | 1.07% |
1,281,000
+181,300
| +16% | +$3.85M |
|
23
Fortuna Silver Mines
FSM
$2.59B
| $24.5M | 0.95% |
4,578,683
-1,400,000
| -23% | -$5.06M |
|
|
IMV
24
DELISTED
IMV Inc. Common Shares
IMV
| $22.2M | 0.86% |
680,123
| – | – |
|
|
LTHM
25
DELISTED
Livent Corporation
LTHM
| $18.1M | 0.7% |
2,787,492
+289,686
| +12% | +$1.83M |
|
Similar funds
QT
TMC
GWM
KFA
BW
M
BBA
PUI
Ruffer LLP's Q2 2020 Portfolio in Review
As of Q2 2020, Ruffer LLP held 92 positions worth $2.59B, up 18% from $2.2B the previous quarter. Its ten largest holdings account for 64% of the portfolio.
Ruffer LLP withdrew a net $506M in Q2 2020, closing 9 positions and reducing 40 holdings. Its most notable exit was Agnico Eagle Mines, an estimated $3.98M position sold in full.
By sector, the portfolio is most concentrated in Materials at 47% of assets, up from 38% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Ruffer LLP opened a new position in American Express worth $169M.
- Ruffer LLP's largest Q2 2020 buy was American Express: 1,682,363 shares worth $169M.
- Ruffer LLP added most to General Motors in Q2 2020, an estimated $108M increase.
- Ruffer LLP's biggest Q2 2020 reduction was Walt Disney, cutting an estimated $137M.
- Ruffer LLP fully exited Agnico Eagle Mines in Q2 2020, selling an estimated $3.98M.
- Ruffer LLP's ten largest holdings make up 64% of its $2.59B portfolio in Q2 2020.
- Ruffer LLP opened 14 new positions and closed 9 in Q2 2020.
- Ruffer LLP's portfolio value rose 18% quarter-over-quarter to $2.59B.
Based on Ruffer LLP's 13F filing for Q2 2020, filed 4 Aug 2020.