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ANTIPODES PARTNERS Ltd

SEC Form 13F institutional filer · CIK 0001652442

13F-HR · 48 reported holdings · 2026-03-31

Asset management firm.

Reported long-US-equity value

$3.28B

Top-10 concentration

53.5%

ANTIPODES PARTNERS Ltd — $3.28B AUM allocation strategy

ANTIPODES PARTNERS Ltd files SEC Form 13F and reports $3.28B of long US equity value across 48 reported holdings for 2026-03-31.

Its largest sector bet is Utilities 37.8%, followed by Information Technology 18.1% and Health Care 9.5%.

The top 10 holdings account for 54% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.

ANTIPODES PARTNERS Ltd — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$3.28B

total across 48 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

54% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$SLB$WDAY$AMZN

+$SLB +749K sh · +$47.6M+$WDAY +435K sh · +$40.4M+$AMZN +220K sh · +$23.9M

Biggest trims (shares)

$D$MRK$NEM

−$D −174K sh · −$4.99M−$MRK −135K sh · +$7.49M−$NEM −84.7K sh · −$6.41M

Added from nil (new positions)

$NVDA$DIS$PGR$FICO$XYZ

5 fresh holdings — new conviction

Exited to nil (held last quarter, gone now)

$AMD$LEN$KO$TMO$MDT

$AMD ($62.8M last qtr)$LEN ($34.4M last qtr)$KO ($10.2M last qtr)$TMO ($75.9K last qtr)$MDT ($70.1K last qtr)

Sector allocation (share of reported value)

Utilities 38%Information Technology 18%Health Care 10%Consumer Discretionary 8%Real Estate 6%Financials 4%Other holdings 16%SECTORS
  • $XLUUtilities37.8%
  • $XLKInformation Technology18.1%
  • $XLVHealth Care9.5%
  • $XLYConsumer Discretionary7.6%
  • $XLREReal Estate6.3%
  • $XLFFinancials4.2%
  • Other holdings16.4%

each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Industry allocation (share of reported value)

Electric Utilities 22%Multi-Utilities 15%Broadline Retail 8%Telecom Tower REITs 6%Systems Software 6%Pharmaceuticals 5%Application Software 5%Health Care Facilities 4%Other holdings 28%INDUSTRIES
  • Electric Utilities22.4%
  • Multi-Utilities15.4%
  • Broadline Retail7.6%
  • Telecom Tower REITs6.3%
  • Systems Software6.0%
  • Pharmaceuticals5.3%
  • Application Software5.1%
  • Health Care Facilities4.2%
  • Other holdings27.8%

the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Top S&P 500 holdings

10 of 10 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$AMZNAmazon.com Inc1.2M$249M+220K7.6%
$AEPAmerican Electric Power Company Inc1.81M$237M-18.9K7.2%
$MSFTMicrosoft Corporation532K$197M+115K6.0%
$EXCExelon Corporation3.76M$184M+78.9K5.6%
$MRKMerck & Company Inc1.44M$173M-135K5.3%
$SREDBA Sempra1.72M$167M+121K5.1%
$AEEAmeren Corporation1.27M$140M+28.1K4.3%
$HCAHCA Healthcare Inc291K$138M-3.07K4.2%
$COFCapital One Financial Corporation747K$136M-36K4.2%
$CCICrown Castle Inc1.62M$132M+200K4.0%

…and 38 more holdings in the full 13F filing (top positions only shown).

SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported

← All 13F filers·← QuantOrb.pro

How to read Δ QoQ — the five insight categories, and the caveats

The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.

Conviction & concentration shifts

New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.

Sector & macro allocation rotations

Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.

Crowding & smart-money consensus

When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.

Derivative & option overlays

Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.

Who reads this

Retail "cloners"High-conviction ideas to replicate ~45 days after quarter-end.
Corporate IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-sectional factor inputs: flow, momentum, ownership.

Four caveats before you trade on it

  • 45-day lag — holdings are quarter-end; positions may already be closed.
  • Long-only — 13Fs miss shorts, pair trades and cash.
  • No non-US / fixed income — the picture is US equities plus options.
  • Corporate actions — splits and spinoffs distort raw share deltas.

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