Filed: 2/17/2026ACC: 0001663865-26-000002
📋 What this filing means
ORBIS ALLAN GRAY LTD filed this quarterly 13F‑HR report disclosing 89 equity positions with a total reported market value of $23.87B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
89
Positions
$23.87B
Total AUM (reported)
567.68M
Total Shares
Allocation by class
COM$8.86B37.1%
COM NEW$2.55B10.7%
COM SHS$1.83B7.7%
SPONSORED ADS$1.41B5.9%
SHS$1.32B5.5%
COMMON STOCK$1.15B4.8%
CAP STK CL A$833.77M3.5%
Portfolio Concentration
Top 3$4.00B16.8%
4–10$5.01B21.0%
11–25$7.21B30.2%
Rest$7.64B32.0%
Top 3 weight
16.8%
Top 10 weight
37.8%
Voting Authority Distribution
Total shares with voting rights: 567.68M
Sole
Full voting authority
567.68M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole0
Shared0
Other89
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings89
Rows:
QXO INC
DFNDShares85.48M
TypeSH
Market value$1.65B
6.91%
Sole
85.48M
Shared
0.00
None
0.00
CORPAY INC
DFNDShares4.99M
TypeSH
Market value$1.50B
6.29%
Sole
4.99M
Shared
0.00
None
0.00
UNITEDHEALTH GROUP INC
DFNDShares2.58M
TypeSH
Market value$852.07M
3.57%
Sole
2.58M
Shared
0.00
None
0.00
ALPHABET INC
DFNDShares2.66M
TypeSH
Market value$833.77M
3.49%
Sole
2.66M
Shared
0.00
None
0.00
ICON PLC
DFNDShares4.21M
TypeSH
Market value$768.00M
3.22%
Sole
4.21M
Shared
0.00
None
0.00
INSMED INC
DFNDShares4.18M
TypeSH
Market value$727.48M
3.05%
Sole
4.18M
Shared
0.00
None
0.00
GXO LOGISTICS INCORPORATED
DFNDShares13.42M
TypeSH
Market value$706.68M
2.96%
Sole
13.42M
Shared
0.00
None
0.00
BRUKER CORP
DFNDShares14.91M
TypeSH
Market value$702.26M
2.94%
Sole
14.91M
Shared
0.00
None
0.00
ALNYLAM PHARMACEUTICALS INC
DFNDShares1.62M
TypeSH
Market value$643.48M
2.70%
Sole
1.62M
Shared
0.00
None
0.00
NEWMONT CORP
DFNDShares6.32M
TypeSH
Market value$631.33M
2.65%
Sole
6.32M
Shared
0.00
None
0.00
INTERACTIVE BROKERS GROUP IN
DFNDShares9.27M
TypeSH
Market value$596.39M
2.50%
Sole
9.27M
Shared
0.00
None
0.00
ITAU UNIBANCO HLDG S A
DFNDShares81.68M
TypeSH
Market value$584.85M
2.45%
Sole
81.68M
Shared
0.00
None
0.00
STERIS PLC
DFNDShares2.25M
TypeSH
Market value$570.30M
2.39%
Sole
2.25M
Shared
0.00
None
0.00
SMURFIT WESTROCK PLC
DFNDShares13.96M
TypeSH
Market value$539.71M
2.26%
Sole
13.96M
Shared
0.00
None
0.00
BRITISH AMERN TOB PLC
DFNDShares9.30M
TypeSH
Market value$526.62M
2.21%
Sole
9.30M
Shared
0.00
None
0.00
XPO INC
DFNDShares3.65M
TypeSH
Market value$496.42M
2.08%
Sole
3.65M
Shared
0.00
None
0.00
MOTOROLA SOLUTIONS INC
DFNDShares1.28M
TypeSH
Market value$491.82M
2.06%
Sole
1.28M
Shared
0.00
None
0.00
NETEASE INC
DFNDShares3.39M
TypeSH
Market value$466.46M
1.95%
Sole
3.39M
Shared
0.00
None
0.00
GENMAB A/S
DFNDShares14.42M
TypeSH
Market value$444.09M
1.86%
Sole
14.42M
Shared
0.00
None
0.00
RXO INC
DFNDShares34.68M
TypeSH
Market value$438.33M
1.84%
Sole
34.68M
Shared
0.00
None
0.00
ELEVANCE HEALTH INC FORMERLY
DFNDShares1.24M
TypeSH
Market value$436.42M
1.83%
Sole
1.24M
Shared
0.00
None
0.00
IQVIA HLDGS INC
DFNDShares1.90M
TypeSH
Market value$428.52M
1.80%
Sole
1.90M
Shared
0.00
None
0.00
CEMEX SAB DE CV
DFNDShares36.13M
TypeSH
Market value$415.17M
1.74%
Sole
36.13M
Shared
0.00
None
0.00
DISNEY WALT CO
DFNDShares3.56M
TypeSH
Market value$405.37M
1.70%
Sole
3.56M
Shared
0.00
None
0.00
PRAXIS PRECISION MEDICINES I
DFNDShares1.26M
TypeSH
Market value$369.95M
1.55%
Sole
1.26M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
QXO INCDFND | COM NEW | 85.48M | SH | $1.65B 6.91% | 85.48M | 0.00 | 0.00 |
CORPAY INCDFND | COM SHS | 4.99M | SH | $1.50B 6.29% | 4.99M | 0.00 | 0.00 |
UNITEDHEALTH GROUP INCDFND | COM | 2.58M | SH | $852.07M 3.57% | 2.58M | 0.00 | 0.00 |
ALPHABET INCDFND | CAP STK CL A | 2.66M | SH | $833.77M 3.49% | 2.66M | 0.00 | 0.00 |
ICON PLCDFND | SHS | 4.21M | SH | $768.00M 3.22% | 4.21M | 0.00 | 0.00 |
INSMED INCDFND | COM PAR $.01 | 4.18M | SH | $727.48M 3.05% | 4.18M | 0.00 | 0.00 |
GXO LOGISTICS INCORPORATEDDFND | COMMON STOCK | 13.42M | SH | $706.68M 2.96% | 13.42M | 0.00 | 0.00 |
BRUKER CORPDFND | COM | 14.91M | SH | $702.26M 2.94% | 14.91M | 0.00 | 0.00 |
ALNYLAM PHARMACEUTICALS INCDFND | COM | 1.62M | SH | $643.48M 2.70% | 1.62M | 0.00 | 0.00 |
NEWMONT CORPDFND | COM | 6.32M | SH | $631.33M 2.65% | 6.32M | 0.00 | 0.00 |
INTERACTIVE BROKERS GROUP INDFND | COM CL A | 9.27M | SH | $596.39M 2.50% | 9.27M | 0.00 | 0.00 |
ITAU UNIBANCO HLDG S ADFND | SPON ADR REP PFD | 81.68M | SH | $584.85M 2.45% | 81.68M | 0.00 | 0.00 |
STERIS PLCDFND | SHS USD | 2.25M | SH | $570.30M 2.39% | 2.25M | 0.00 | 0.00 |
SMURFIT WESTROCK PLCDFND | SHS | 13.96M | SH | $539.71M 2.26% | 13.96M | 0.00 | 0.00 |
BRITISH AMERN TOB PLCDFND | SPONSORED ADR | 9.30M | SH | $526.62M 2.21% | 9.30M | 0.00 | 0.00 |
XPO INCDFND | COM | 3.65M | SH | $496.42M 2.08% | 3.65M | 0.00 | 0.00 |
MOTOROLA SOLUTIONS INCDFND | COM NEW | 1.28M | SH | $491.82M 2.06% | 1.28M | 0.00 | 0.00 |
NETEASE INCDFND | SPONSORED ADS | 3.39M | SH | $466.46M 1.95% | 3.39M | 0.00 | 0.00 |
GENMAB A/SDFND | SPONSORED ADS | 14.42M | SH | $444.09M 1.86% | 14.42M | 0.00 | 0.00 |
RXO INCDFND | COMMON STOCK | 34.68M | SH | $438.33M 1.84% | 34.68M | 0.00 | 0.00 |
ELEVANCE HEALTH INC FORMERLYDFND | COM | 1.24M | SH | $436.42M 1.83% | 1.24M | 0.00 | 0.00 |
IQVIA HLDGS INCDFND | COM | 1.90M | SH | $428.52M 1.80% | 1.90M | 0.00 | 0.00 |
CEMEX SAB DE CVDFND | SPON ADR NEW | 36.13M | SH | $415.17M 1.74% | 36.13M | 0.00 | 0.00 |
DISNEY WALT CODFND | COM | 3.56M | SH | $405.37M 1.70% | 3.56M | 0.00 | 0.00 |
PRAXIS PRECISION MEDICINES IDFND | COM NEW | 1.26M | SH | $369.95M 1.55% | 1.26M | 0.00 | 0.00 |
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