Filed: 11/14/2025ACC: 0001214659-25-016640
📋 What this filing means
STENHAM ASSET MANAGEMENT LTD filed this quarterly 13F‑HR report disclosing 21 equity positions with a total reported market value of $173.92M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
21
Positions
$173.92M
Total AUM (reported)
790.93K
Total Shares
Allocation by class
GOLD SHS$123.64M71.1%
COM$19.16M11.0%
CL A$15.77M9.1%
SHS$7.28M4.2%
SPONSORED ADS$2.16M1.2%
ISHARES$1.27M0.7%
ORD$1.01M0.6%
Portfolio Concentration
Top 3$140.42M80.7%
4–10$27.45M15.8%
11–25$6.05M3.5%
Top 3 weight
80.7%
Top 10 weight
96.5%
Voting Authority Distribution
Total shares with voting rights: 790.93K
Sole
Full voting authority
790.93K
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)
Sole21
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings21
Rows:
SPDR GOLD TR
SOLEShares347.83K
TypeSH
Market value$123.64M
71.09%
Sole
347.83K
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares40.08K
TypeSH
Market value$8.80M
5.06%
Sole
40.08K
Shared
0.00
None
0.00
TKO GROUP HOLDINGS INC
SOLEShares39.50K
TypeSH
Market value$7.98M
4.59%
Sole
39.50K
Shared
0.00
None
0.00
UNION PAC CORP
SOLEShares32.35K
TypeSH
Market value$7.65M
4.40%
Sole
32.35K
Shared
0.00
None
0.00
AERCAP HOLDINGS NV
SOLEShares60.20K
TypeSH
Market value$7.28M
4.19%
Sole
60.20K
Shared
0.00
None
0.00
CORE & MAIN INC
SOLEShares133K
TypeSH
Market value$7.16M
4.12%
Sole
133K
Shared
0.00
None
0.00
TAIWAN SEMICONDUCTOR MFG LTD
SOLEShares7.74K
TypeSH
Market value$2.16M
1.24%
Sole
7.74K
Shared
0.00
None
0.00
ISHARES SILVER TR
SOLEShares30K
TypeSH
Market value$1.27M
0.73%
Sole
30K
Shared
0.00
None
0.00
CRH PLC
SOLEShares8.40K
TypeSH
Market value$1.01M
0.58%
Sole
8.40K
Shared
0.00
None
0.00
SPROTT ASSET MANAGEMENT LP
SOLEShares25K
TypeSH
Market value$917.3K
0.53%
Sole
25K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares17.30K
TypeSH
Market value$905.0K
0.52%
Sole
17.30K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares1.59K
TypeSH
Market value$798.4K
0.46%
Sole
1.59K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares1.42K
TypeSH
Market value$735.5K
0.42%
Sole
1.42K
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
SOLEShares1.11K
TypeSH
Market value$631.4K
0.36%
Sole
1.11K
Shared
0.00
None
0.00
INVESCO EXCHANGE TRADED FD T
SOLEShares7.40K
TypeSH
Market value$533.6K
0.31%
Sole
7.40K
Shared
0.00
None
0.00
GE AEROSPACE
SOLEShares1.58K
TypeSH
Market value$475.3K
0.27%
Sole
1.58K
Shared
0.00
None
0.00
PG&E CORP
SOLEShares30.90K
TypeSH
Market value$466.0K
0.27%
Sole
30.90K
Shared
0.00
None
0.00
HILTON WORLDWIDE HLDGS INC
SOLEShares1.56K
TypeSH
Market value$404.7K
0.23%
Sole
1.56K
Shared
0.00
None
0.00
FERRARI N V
SOLEShares770.00
TypeSH
Market value$373.6K
0.21%
Sole
770.00
Shared
0.00
None
0.00
DANAHER CORPORATION
SOLEShares1.87K
TypeSH
Market value$370.7K
0.21%
Sole
1.87K
Shared
0.00
None
0.00
CME GROUP INC
SOLEShares1.33K
TypeSH
Market value$359.4K
0.21%
Sole
1.33K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SPDR GOLD TRSOLE | GOLD SHS | 347.83K | SH | $123.64M 71.09% | 347.83K | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 40.08K | SH | $8.80M 5.06% | 40.08K | 0.00 | 0.00 |
TKO GROUP HOLDINGS INCSOLE | CL A | 39.50K | SH | $7.98M 4.59% | 39.50K | 0.00 | 0.00 |
UNION PAC CORPSOLE | COM | 32.35K | SH | $7.65M 4.40% | 32.35K | 0.00 | 0.00 |
AERCAP HOLDINGS NVSOLE | SHS | 60.20K | SH | $7.28M 4.19% | 60.20K | 0.00 | 0.00 |
CORE & MAIN INCSOLE | CL A | 133K | SH | $7.16M 4.12% | 133K | 0.00 | 0.00 |
TAIWAN SEMICONDUCTOR MFG LTDSOLE | SPONSORED ADS | 7.74K | SH | $2.16M 1.24% | 7.74K | 0.00 | 0.00 |
ISHARES SILVER TRSOLE | ISHARES | 30K | SH | $1.27M 0.73% | 30K | 0.00 | 0.00 |
CRH PLCSOLE | ORD | 8.40K | SH | $1.01M 0.58% | 8.40K | 0.00 | 0.00 |
SPROTT ASSET MANAGEMENT LPSOLE | PHYSICAL GOLD AN | 25K | SH | $917.3K 0.53% | 25K | 0.00 | 0.00 |
ISHARES TRSOLE | CYBERSECURITY | 17.30K | SH | $905.0K 0.52% | 17.30K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 1.59K | SH | $798.4K 0.46% | 1.59K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 1.42K | SH | $735.5K 0.42% | 1.42K | 0.00 | 0.00 |
MASTERCARD INCORPORATEDSOLE | CL A | 1.11K | SH | $631.4K 0.36% | 1.11K | 0.00 | 0.00 |
INVESCO EXCHANGE TRADED FD TSOLE | WATER RES ETF | 7.40K | SH | $533.6K 0.31% | 7.40K | 0.00 | 0.00 |
GE AEROSPACESOLE | COM NEW | 1.58K | SH | $475.3K 0.27% | 1.58K | 0.00 | 0.00 |
PG&E CORPSOLE | COM | 30.90K | SH | $466.0K 0.27% | 30.90K | 0.00 | 0.00 |
HILTON WORLDWIDE HLDGS INCSOLE | COM | 1.56K | SH | $404.7K 0.23% | 1.56K | 0.00 | 0.00 |
FERRARI N VSOLE | COM | 770.00 | SH | $373.6K 0.21% | 770.00 | 0.00 | 0.00 |
DANAHER CORPORATIONSOLE | COM | 1.87K | SH | $370.7K 0.21% | 1.87K | 0.00 | 0.00 |
CME GROUP INCSOLE | COM | 1.33K | SH | $359.4K 0.21% | 1.33K | 0.00 | 0.00 |