Two Seas Capital’s Burford Capital BUR Stock Holding History

Two Seas Capital’s Portfolio BUR Stock Details BUR Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-1,602,067	Closed	-$19.2M	–	42
2025 Q3	$19.2M	Buy	1,602,067 +24,397	+2%	+$326K	0.31%	27
2025 Q2	$22.5M	Buy	+1,577,670	New	+$20.6M	0.38%	18
2023 Q2	–	Sell	-274,329	Closed	-$3.03M	–	14
2023 Q1	$3.03M	Buy	+274,329	New	+$2.28M	2.78%	6

Other funds holding BUR

Bank of Montreal Toronto, Ontario, Canada $304B AUM 35.64% 1-Year Est. Return

OAG

Orbis Allan Gray Hamilton, Bermuda $29.1B AUM 60.8% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $495B AUM 43.24% 1-Year Est. Return

PNAA

Pictet North America Advisors Geneva 73, Switzerland $1.13B AUM 17.98% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

Cooke & Bieler Philadelphia, Pennsylvania $8.65B AUM 9.66% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Barrow, Hanley, Mewhinney & Strauss Dallas, Texas $33B AUM 40.62% 1-Year Est. Return

MCS

Mithaq Capital SPC Al Malqa, Riyadh, Saudi Arabia $204M AUM 17.99% 1-Year Est. Return

Two Seas Capital's BUR Position: Q4 2025 in Review

Two Seas Capital sold out of Burford Capital (BUR) in Q4 2025, closing a stake of 1,602,067 shares — an estimated $19.2M sold.

Two Seas Capital first reported a position in BUR in Q1 2023 and held it in 3 quarters. The position peaked at $22.5M in Q2 2025. 221 funds tracked by Wall St. Rank hold BUR as of Q4 2025.

Two Seas Capital reported no remaining Burford Capital position as of Q4 2025 after selling out during the quarter.
Two Seas Capital sold 1,602,067 Burford Capital shares in Q4 2025, an estimated $19.2M.
Two Seas Capital first reported a position in Burford Capital in Q1 2023 and held it in 3 quarters.
Two Seas Capital's Burford Capital position peaked at $22.5M in Q2 2025.
221 funds tracked by Wall St. Rank held Burford Capital as of Q4 2025.

Based on Two Seas Capital's 13F filing for Q4 2025, filed 11 Feb 2026.