Filed: 2/17/2026ACC: 0001214659-26-001986
📋 What this filing means
STENHAM ASSET MANAGEMENT LTD filed this quarterly 13F‑HR report disclosing 23 equity positions with a total reported market value of $200.32M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
23
Positions
$200.32M
Total AUM (reported)
727.97K
Total Shares
Allocation by class
GOLD SHS$135.50M67.6%
COM$46.71M23.3%
SHS$6.45M3.2%
SPONSORED ADS$3.00M1.5%
ISHARES$1.78M0.9%
CL A$1.74M0.9%
PHYSICAL GOLD AN$1.15M0.6%
Portfolio Concentration
Top 3$156.27M78.0%
4–10$35.54M17.7%
11–25$8.52M4.3%
Top 3 weight
78.0%
Top 10 weight
95.7%
Voting Authority Distribution
Total shares with voting rights: 727.97K
Sole
Full voting authority
727.97K
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)
Sole23
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings23
Rows:
SPDR GOLD TR
SOLEShares341.91K
TypeSH
Market value$135.50M
67.64%
Sole
341.91K
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares61.74K
TypeSH
Market value$11.51M
5.75%
Sole
61.74K
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares40.08K
TypeSH
Market value$9.25M
4.62%
Sole
40.08K
Shared
0.00
None
0.00
TALEN ENERGY CORP
SOLEShares21.50K
TypeSH
Market value$8.06M
4.02%
Sole
21.50K
Shared
0.00
None
0.00
UNION PAC CORP
SOLEShares33.66K
TypeSH
Market value$7.79M
3.89%
Sole
33.66K
Shared
0.00
None
0.00
HONEYWELL INTL INC
SOLEShares37.44K
TypeSH
Market value$7.30M
3.65%
Sole
37.44K
Shared
0.00
None
0.00
AERCAP HOLDINGS NV
SOLEShares44.90K
TypeSH
Market value$6.45M
3.22%
Sole
44.90K
Shared
0.00
None
0.00
TAIWAN SEMICONDUCTOR MFG LTD
SOLEShares9.88K
TypeSH
Market value$3.00M
1.50%
Sole
9.88K
Shared
0.00
None
0.00
ISHARES SILVER TR
SOLEShares27.70K
TypeSH
Market value$1.78M
0.89%
Sole
27.70K
Shared
0.00
None
0.00
SPROTT ASSET MANAGEMENT LP
SOLEShares25K
TypeSH
Market value$1.15M
0.57%
Sole
25K
Shared
0.00
None
0.00
TKO GROUP HOLDINGS INC
SOLEShares5.30K
TypeSH
Market value$1.11M
0.55%
Sole
5.30K
Shared
0.00
None
0.00
CRH PLC
SOLEShares8.40K
TypeSH
Market value$1.05M
0.52%
Sole
8.40K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares20.38K
TypeSH
Market value$980.6K
0.49%
Sole
20.38K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares1.87K
TypeSH
Market value$938.4K
0.47%
Sole
1.87K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares1.42K
TypeSH
Market value$686.7K
0.34%
Sole
1.42K
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
SOLEShares1.11K
TypeSH
Market value$633.7K
0.32%
Sole
1.11K
Shared
0.00
None
0.00
INVESCO EXCHANGE TRADED FD T
SOLEShares7.40K
TypeSH
Market value$521.0K
0.26%
Sole
7.40K
Shared
0.00
None
0.00
PG&E CORP
SOLEShares30.90K
TypeSH
Market value$496.6K
0.25%
Sole
30.90K
Shared
0.00
None
0.00
GE AEROSPACE
SOLEShares1.58K
TypeSH
Market value$486.7K
0.24%
Sole
1.58K
Shared
0.00
None
0.00
HILTON WORLDWIDE HLDGS INC
SOLEShares1.56K
TypeSH
Market value$448.1K
0.22%
Sole
1.56K
Shared
0.00
None
0.00
DANAHER CORPORATION
SOLEShares1.87K
TypeSH
Market value$428.1K
0.21%
Sole
1.87K
Shared
0.00
None
0.00
CME GROUP INC
SOLEShares1.44K
TypeSH
Market value$393.2K
0.20%
Sole
1.44K
Shared
0.00
None
0.00
FERRARI N V
SOLEShares940.00
TypeSH
Market value$347.4K
0.17%
Sole
940.00
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SPDR GOLD TRSOLE | GOLD SHS | 341.91K | SH | $135.50M 67.64% | 341.91K | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 61.74K | SH | $11.51M 5.75% | 61.74K | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 40.08K | SH | $9.25M 4.62% | 40.08K | 0.00 | 0.00 |
TALEN ENERGY CORPSOLE | COM | 21.50K | SH | $8.06M 4.02% | 21.50K | 0.00 | 0.00 |
UNION PAC CORPSOLE | COM | 33.66K | SH | $7.79M 3.89% | 33.66K | 0.00 | 0.00 |
HONEYWELL INTL INCSOLE | COM | 37.44K | SH | $7.30M 3.65% | 37.44K | 0.00 | 0.00 |
AERCAP HOLDINGS NVSOLE | SHS | 44.90K | SH | $6.45M 3.22% | 44.90K | 0.00 | 0.00 |
TAIWAN SEMICONDUCTOR MFG LTDSOLE | SPONSORED ADS | 9.88K | SH | $3.00M 1.50% | 9.88K | 0.00 | 0.00 |
ISHARES SILVER TRSOLE | ISHARES | 27.70K | SH | $1.78M 0.89% | 27.70K | 0.00 | 0.00 |
SPROTT ASSET MANAGEMENT LPSOLE | PHYSICAL GOLD AN | 25K | SH | $1.15M 0.57% | 25K | 0.00 | 0.00 |
TKO GROUP HOLDINGS INCSOLE | CL A | 5.30K | SH | $1.11M 0.55% | 5.30K | 0.00 | 0.00 |
CRH PLCSOLE | ORD | 8.40K | SH | $1.05M 0.52% | 8.40K | 0.00 | 0.00 |
ISHARES TRSOLE | CYBERSECURITY | 20.38K | SH | $980.6K 0.49% | 20.38K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 1.87K | SH | $938.4K 0.47% | 1.87K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 1.42K | SH | $686.7K 0.34% | 1.42K | 0.00 | 0.00 |
MASTERCARD INCORPORATEDSOLE | CL A | 1.11K | SH | $633.7K 0.32% | 1.11K | 0.00 | 0.00 |
INVESCO EXCHANGE TRADED FD TSOLE | WATER RES ETF | 7.40K | SH | $521.0K 0.26% | 7.40K | 0.00 | 0.00 |
PG&E CORPSOLE | COM | 30.90K | SH | $496.6K 0.25% | 30.90K | 0.00 | 0.00 |
GE AEROSPACESOLE | COM NEW | 1.58K | SH | $486.7K 0.24% | 1.58K | 0.00 | 0.00 |
HILTON WORLDWIDE HLDGS INCSOLE | COM | 1.56K | SH | $448.1K 0.22% | 1.56K | 0.00 | 0.00 |
DANAHER CORPORATIONSOLE | COM | 1.87K | SH | $428.1K 0.21% | 1.87K | 0.00 | 0.00 |
CME GROUP INCSOLE | COM | 1.44K | SH | $393.2K 0.20% | 1.44K | 0.00 | 0.00 |
FERRARI N VSOLE | COM | 940.00 | SH | $347.4K 0.17% | 940.00 | 0.00 | 0.00 |