Ruffer LLP

CIK: 0001426859SEC EDGAR →

Portfolio Value

$2.2B

Holdings

154

As of

Q4 2025

New Positions

153

Closed Positions

0

Portfolio Value History

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

SMURFIT WESTROCK PLC

4,504,151$174.4M
7.94%
2

COINBASE GLOBAL INC

735,190$166.5M
7.58%
3

AMAZON COM INC

671,466$155.2M
7.07%
4

BANK AMERICA CORP

1,668,030$91.9M
4.18%
5

EQUINOX GOLD CORP

5,791,948$81.5M
3.71%
6

BP PLC

2,235,750$77.8M
3.54%
7

ALIBABA GROUP HLDG LTD

481,064$70.6M
3.22%
8

DISNEY WALT CO

567,615$64.7M
2.94%
9

ELDORADO GOLD CORP NEW

1,611,656$58.0M
2.64%
10

EXTRA SPACE STORAGE INC

385,535$50.3M
2.29%

Quarterly Changes

Top Buys

SWNEW
$174.4M
COINNEW
$166.5M
AMZNNEW
$155.2M
BACNEW
$91.9M
EQXNEW
$81.5M

Top Sells

No sells this quarter

New Positions (154)

$174.4M · 4.5M shares
$166.5M · 735K shares
$155.2M · 671K shares
$91.9M · 1.7M shares
$81.5M · 5.8M shares
$77.8M · 2.2M shares
$70.6M · 481K shares
$64.7M · 568K shares
$58.0M · 1.6M shares
$50.3M · 386K shares
$48.8M · 615K shares
$47.2M · 774K shares
$47.0M · 3.3M shares
$44.5M · 999K shares
$44.1M · 1.1M shares
$43.1M · 2.6M shares
$38.6M · 320K shares
$36.5M · 14.3M shares
$36.2M · 117K shares
$33.0M · 1.3M shares
$31.6M · 608K shares
$31.4M · 150K shares
$30.9M · 133K shares
$30.4M · 189K shares
$30.4M · 240K shares
$28.4M · 651K shares
$27.4M · 321K shares
$26.8M · 2.1M shares
$25.6M · 312K shares
$21.4M · 447K shares
$19.4M · 814K shares
$19.2M · 395K shares
$16.5M · 165K shares
$16.0M · 237K shares
$15.4M · 185K shares
$15.2M · 206K shares
$14.7M · 66K shares
$14.3M · 305K shares
$14.2M · 266K shares
$12.1M · 3.0M shares
$9.5M · 31K shares
$7.8M · 150K shares
$7.6M · 103K shares
$7.4M · 646K shares
$7.0M · 80K shares
$6.7M · 140K shares
$6.5M · 366K shares
$6.3M · 61K shares
$5.9M · 49K shares
$5.8M · 58K shares
$5.5M · 37K shares
$5.4M · 340K shares
$5.2M · 42K shares
$5.2M · 118K shares
$5.0M · 150K shares
$4.7M · 102K shares
$4.6M · 58K shares
$4.5M · 131K shares
$4.5M · 9K shares
$4.5M · 423K shares
$4.5M · 16K shares
$4.4M · 38K shares
$4.4M · 359K shares
$4.4M · 86K shares
$4.1M · 92K shares
$3.9M · 85K shares
$3.9M · 58K shares
$3.8M · 30K shares
$3.7M · 70K shares
$3.7M · 43K shares
$3.6M · 45K shares
$3.6M · 98K shares
$3.5M · 90K shares
$3.4M · 19K shares
$3.4M · 130K shares
$3.4M · 171K shares
$3.4M · 59K shares
$3.4M · 34K shares
$3.4M · 196K shares
$3.3M · 1.7M shares
$3.3M · 186K shares
$3.2M · 121K shares
$3.2M · 170K shares
$3.2M · 383K shares
$3.2M · 82K shares
$3.2M · 42K shares
$3.1M · 68K shares
$3.1M · 121K shares
$3.1M · 87K shares
$3.1M · 81K shares
$3.1M · 20K shares
$3.1M · 45K shares
$3.1M · 33K shares
$3.1M · 159K shares
$3.1M · 303K shares
$3.1M · 98K shares
$3.0M · 120K shares
$3.0M · 30K shares
UNITED STS BRENT OIL FD LP
$3.0M · 106K shares
$3.0M · 108K shares
$3.0M · 84K shares
$3.0M · 43K shares
$3.0M · 160K shares
$2.9M · 39K shares
$2.9M · 97K shares
$2.9M · 58K shares
$2.9M · 92K shares
$2.9M · 45K shares
$2.9M · 128K shares
$2.8M · 120K shares
$2.8M · 33K shares
$2.8M · 22K shares
$2.6M · 755K shares
$2.6M · 128K shares
$2.6M · 57K shares
$2.5M · 25K shares
$2.5M · 20K shares
$2.5M · 17K shares
$2.4M · 14K shares
$2.3M · 7K shares
$2.2M · 38K shares
$2.1M · 130K shares
$2.1M · 455K shares
$2.0M · 47K shares
$1.8M · 26K shares
$1.7M · 34K shares
$1.7M · 11K shares
$1.7M · 71K shares
$1.6M · 14K shares
$1.6M · 37K shares
$1.5M · 41K shares
$1.4M · 153K shares
$1.3M · 6K shares
$1.2M · 4K shares
$983K · 6K shares
$935K · 24K shares
$934K · 127K shares
$850K · 7K shares
$809K · 8K shares
$807K · 4K shares
$784K · 22K shares
$505K · 402K shares
$499K · 47K shares
$466K · 5K shares
$438K · 23K shares
$362K · 7K shares
$358K · 1K shares
$206K · 15K shares
$202K · 32K shares
$113K · 10K shares
$111K · 11K shares
$107K · 12K shares
$106K · 15K shares
$106K · 14K shares

Sector Breakdown

Sector# HoldingsValue%
Consumer Cyclical27$534.9M24.4%
Financial Services33$485.9M22.1%
Basic Materials16$323.6M14.7%
Energy11$243.2M11.1%
Healthcare13$131.0M6.0%
Unknown14$125.2M5.7%
Industrials10$109.1M5.0%
Real Estate10$82.4M3.8%
Communication Services4$75.6M3.4%
Consumer Defensive7$47.0M2.1%
Technology9$38.7M1.8%