Orbis Allan Gray Ltd
SEC Form 13F institutional filer · CIK 0001663865
13F-HR · 22 reported holdings · 2026-03-31
Asset manager.
Reported long-US-equity value
$7.91B
Top-10 concentration
84.6%
Orbis Allan Gray Ltd — $7.91B AUM allocation strategy
Orbis Allan Gray Ltd files SEC Form 13F and reports $7.91B of long US equity value across 22 reported holdings for 2026-03-31.
Its largest sector bet is Financials 24.9%, followed by Information Technology 15.6% and Energy 14.5%.
The top 10 holdings account for 85% 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.
Orbis Allan Gray Ltd — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$7.91B
total across 22 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
85% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$EQT +8.63M sh · +$584M+$KMI +758K sh · +$89.1M+$MSI +587K sh · +$320M
Biggest trims (shares)
−$AES −9.07M sh · −$133M−$IBKR −3.16M sh · −$186M−$IQV −1.68M sh · −$391M
Exited to nil (held last quarter, gone now)
$UNH ($852M last qtr)$LULU ($19.4M last qtr)$INTC ($18.3M last qtr)
Sector allocation (share of reported value)
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)
- Transaction & Payment Processing Services19.7%—
- Communications Equipment10.2%—
- Oil & Gas Exploration & Production9.8%—
- Interactive Media & Services9.2%—
- Health Care Equipment7.3%—
- Gold7.1%—
- Paper & Plastic Packaging Products & Materials7.0%—
- Semiconductors5.4%—
- Other holdings24.5%—
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 ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $CPAY | Corpay Inc | 5.35M | $1.56B | +357K | 19.7% |
| $MSI | Motorola Solutions Inc | 1.87M | $811M | +587K | 10.3% |
| $EQT | EQT Corporation | 12.1M | $771M | +8.63M | 9.7% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 2.51M | $723M | -151K | 9.1% |
| $STE | STERIS plc | 2.59M | $573M | +343K | 7.2% |
| $NEM | Newmont Corporation | 5.17M | $560M | -1.15M | 7.1% |
| $SW | Smurfit WestRock plc | 13.8M | $549M | -182K | 6.9% |
| $IBKR | Interactive Brokers Group Inc | 6.12M | $410M | -3.16M | 5.2% |
| $KMI | Kinder Morgan Inc | 11.3M | $379M | +758K | 4.8% |
| $NVDA | NVIDIA Corporation | 2.09M | $364M | — | 4.6% |
…and 12 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 IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-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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