Filed: 5/9/2025ACC: 0001426859-25-000005
📋 What this filing means
RUFFER LLP filed this quarterly 13F‑HR report disclosing 94 equity positions with a total reported market value of $2.60B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
94
Positions
$2.60B
Total AUM (reported)
105.64M
Total Shares
Allocation by class
COM$1.83B70.4%
COM NEW$295.65M11.4%
SPONSORED ADS$261.40M10.1%
SPONSORED ADR$87.51M3.4%
COM NO PAR$45.57M1.8%
CL A$16.57M0.6%
CL A COM$14.96M0.6%
Portfolio Concentration
Top 3$800.28M30.8%
4–10$712.36M27.4%
11–25$572.91M22.1%
Rest$511.98M19.7%
Top 3 weight
30.8%
Top 10 weight
58.2%
Voting Authority Distribution
Total shares with voting rights: 0.00
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
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)
Sole94
Shared0
Other0
Dominant voting typeNone · 0.0% of voting shares
Institutional Holdings94
Rows:
NEWMONT CORP
SOLEShares6.60M
TypeSH
Market value$318.50M
12.26%
Sole
0.00
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares1.31M
TypeSH
Market value$248.47M
9.57%
Sole
0.00
Shared
0.00
None
0.00
CITIGROUP INC
SOLEShares3.29M
TypeSH
Market value$233.30M
8.98%
Sole
0.00
Shared
0.00
None
0.00
BARRICK GOLD CORP
SOLEShares10.43M
TypeSH
Market value$202.70M
7.80%
Sole
0.00
Shared
0.00
None
0.00
ALIBABA GROUP HLDG LTD
SOLEShares1.21M
TypeSH
Market value$160.05M
6.16%
Sole
0.00
Shared
0.00
None
0.00
BANK AMERICA CORP
SOLEShares2.21M
TypeSH
Market value$92.43M
3.56%
Sole
0.00
Shared
0.00
None
0.00
BP PLC
SOLEShares2.44M
TypeSH
Market value$82.42M
3.17%
Sole
0.00
Shared
0.00
None
0.00
THE CIGNA GROUP
SOLEShares192K
TypeSH
Market value$63.17M
2.43%
Sole
0.00
Shared
0.00
None
0.00
RYANAIR HOLDINGS PLC
SOLEShares1.32M
TypeSH
Market value$56.05M
2.16%
Sole
0.00
Shared
0.00
None
0.00
PFIZER INC
SOLEShares2.19M
TypeSH
Market value$55.55M
2.14%
Sole
0.00
Shared
0.00
None
0.00
DEERE & CO
SOLEShares112.51K
TypeSH
Market value$52.81M
2.03%
Sole
0.00
Shared
0.00
None
0.00
ARCHER DANIELS MIDLAND CO
SOLEShares1.01M
TypeSH
Market value$48.43M
1.86%
Sole
0.00
Shared
0.00
None
0.00
KINROSS GOLD CORP
SOLEShares3.61M
TypeSH
Market value$45.57M
1.75%
Sole
0.00
Shared
0.00
None
0.00
TAIWAN SEMICONDUCTOR MFG LTD
SOLEShares272.91K
TypeSH
Market value$45.30M
1.74%
Sole
0.00
Shared
0.00
None
0.00
CENTERRA GOLD INC
SOLEShares7.09M
TypeSH
Market value$44.99M
1.73%
Sole
0.00
Shared
0.00
None
0.00
UNITED STATES STL CORP NEW
SOLEShares1.05M
TypeSH
Market value$44.21M
1.70%
Sole
0.00
Shared
0.00
None
0.00
CORTEVA INC
SOLEShares629.55K
TypeSH
Market value$39.62M
1.53%
Sole
0.00
Shared
0.00
None
0.00
SUNCOR ENERGY INC NEW
SOLEShares973.45K
TypeSH
Market value$37.70M
1.45%
Sole
0.00
Shared
0.00
None
0.00
NUTRIEN LTD
SOLEShares753.30K
TypeSH
Market value$37.42M
1.44%
Sole
0.00
Shared
0.00
None
0.00
MOSAIC CO NEW
SOLEShares1.38M
TypeSH
Market value$37.32M
1.44%
Sole
0.00
Shared
0.00
None
0.00
CF INDS HLDGS INC
SOLEShares454.02K
TypeSH
Market value$35.48M
1.37%
Sole
0.00
Shared
0.00
None
0.00
EXXON MOBIL CORP
SOLEShares245.93K
TypeSH
Market value$29.25M
1.13%
Sole
0.00
Shared
0.00
None
0.00
ARIS MNG CORP
SOLEShares5.67M
TypeSH
Market value$26.19M
1.01%
Sole
0.00
Shared
0.00
None
0.00
PAN AMERN SILVER CORP
SOLEShares980.04K
TypeSH
Market value$25.31M
0.97%
Sole
0.00
Shared
0.00
None
0.00
GALIANO GOLD INC
SOLEShares18.94M
TypeSH
Market value$23.31M
0.90%
Sole
0.00
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
NEWMONT CORPSOLE | COM | 6.60M | SH | $318.50M 12.26% | 0.00 | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 1.31M | SH | $248.47M 9.57% | 0.00 | 0.00 | 0.00 |
CITIGROUP INCSOLE | COM NEW | 3.29M | SH | $233.30M 8.98% | 0.00 | 0.00 | 0.00 |
BARRICK GOLD CORPSOLE | COM | 10.43M | SH | $202.70M 7.80% | 0.00 | 0.00 | 0.00 |
ALIBABA GROUP HLDG LTDSOLE | SPONSORED ADS | 1.21M | SH | $160.05M 6.16% | 0.00 | 0.00 | 0.00 |
BANK AMERICA CORPSOLE | COM | 2.21M | SH | $92.43M 3.56% | 0.00 | 0.00 | 0.00 |
BP PLCSOLE | SPONSORED ADR | 2.44M | SH | $82.42M 3.17% | 0.00 | 0.00 | 0.00 |
THE CIGNA GROUPSOLE | COM | 192K | SH | $63.17M 2.43% | 0.00 | 0.00 | 0.00 |
RYANAIR HOLDINGS PLCSOLE | SPONSORED ADS | 1.32M | SH | $56.05M 2.16% | 0.00 | 0.00 | 0.00 |
PFIZER INCSOLE | COM | 2.19M | SH | $55.55M 2.14% | 0.00 | 0.00 | 0.00 |
DEERE & COSOLE | COM | 112.51K | SH | $52.81M 2.03% | 0.00 | 0.00 | 0.00 |
ARCHER DANIELS MIDLAND COSOLE | COM | 1.01M | SH | $48.43M 1.86% | 0.00 | 0.00 | 0.00 |
KINROSS GOLD CORPSOLE | COM NO PAR | 3.61M | SH | $45.57M 1.75% | 0.00 | 0.00 | 0.00 |
TAIWAN SEMICONDUCTOR MFG LTDSOLE | SPONSORED ADS | 272.91K | SH | $45.30M 1.74% | 0.00 | 0.00 | 0.00 |
CENTERRA GOLD INCSOLE | COM | 7.09M | SH | $44.99M 1.73% | 0.00 | 0.00 | 0.00 |
UNITED STATES STL CORP NEWSOLE | COM | 1.05M | SH | $44.21M 1.70% | 0.00 | 0.00 | 0.00 |
CORTEVA INCSOLE | COM | 629.55K | SH | $39.62M 1.53% | 0.00 | 0.00 | 0.00 |
SUNCOR ENERGY INC NEWSOLE | COM | 973.45K | SH | $37.70M 1.45% | 0.00 | 0.00 | 0.00 |
NUTRIEN LTDSOLE | COM | 753.30K | SH | $37.42M 1.44% | 0.00 | 0.00 | 0.00 |
MOSAIC CO NEWSOLE | COM | 1.38M | SH | $37.32M 1.44% | 0.00 | 0.00 | 0.00 |
CF INDS HLDGS INCSOLE | COM | 454.02K | SH | $35.48M 1.37% | 0.00 | 0.00 | 0.00 |
EXXON MOBIL CORPSOLE | COM | 245.93K | SH | $29.25M 1.13% | 0.00 | 0.00 | 0.00 |
ARIS MNG CORPSOLE | COM | 5.67M | SH | $26.19M 1.01% | 0.00 | 0.00 | 0.00 |
PAN AMERN SILVER CORPSOLE | COM | 980.04K | SH | $25.31M 0.97% | 0.00 | 0.00 | 0.00 |
GALIANO GOLD INCSOLE | COM | 18.94M | SH | $23.31M 0.90% | 0.00 | 0.00 | 0.00 |
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