1y return+13.5%S&P 500 +20.9%
3y return+160.6%S&P 500 +68.5%
5y return+217.4%S&P 500 +74.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2017: $664 against $280 in the S&P 500.2
Lingotto Investment Management LLPS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| Teva Pharmaceutical Inds LtdCUSIP 881624209 | $684.6M | 14.7% | −27.2% |
| CVNACarvana Co | $611.1M | 13.2% | −27.1% |
| MOHMolina Healthcare Inc | $574.4M | 12.4% | New |
| SKYDParamount Skydance Corp | $455.8M | 9.8% | |
| RRCRange Res Corp | $410.8M | 8.8% | +53.5% |
| VEONVeon Ltd | $274.9M | 5.9% | −12.9% |
| SLBSlb Limited | $205.7M | 4.4% | −18.8% |
| NGNovagold Resources Inc | $188.2M | 4.1% | −14.4% |
| Valaris LtdCUSIP G9460G101 | $175.1M | 3.8% | −34.9% |
| SBSWSibanye Stillwater Ltd | $162.0M | 3.5% | −2.6% |
| TSMTaiwan Semiconductor Manufac | $147.4M | 3.2% | +11.4% |
| NVDANvidia Corporation | $133.6M | 2.9% | +8.7% |
| AGFirst Majestic Silver Corp | $90.5M | 1.9% | −46.7% |
| TEMTempus Ai Inc | $82.0M | 1.8% | |
| NETCloudflare Inc | $73.6M | 1.6% | |
| AURAurora Innovation Inc | $66.3M | 1.4% | |
| Nebius Group N.v.CUSIP N97284108 | $56.8M | 1.2% | +59.5% |
| MRNAModerna Inc | $53.5M | 1.2% | |
| MELIMercadolibre Inc | $40.8M | 0.9% | |
| TSLATesla Inc | $29.5M | 0.6% | |
| SSMRSunshine Silver Mng & Refng | $26.4M | 0.6% | New |
| Joby Aviation IncCUSIP G65163100 | $21.5M | 0.5% | −35.7% |
| ISRGIntuitive Surgical Inc | $19.8M | 0.4% | −62.2% |
| FRVOFervo Energy Co | $14.7M | 0.3% | New |
| PONYPony Ai Inc | $12.6M | 0.3% | −45.3% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| CVNACarvana Co | March 31, 2023 | +3261.6% | $611.1M |
| RRCRange Res Corp | June 30, 2020 | +560.6% | $410.8M |
| NVDANvidia Corporation | June 30, 2023 | +373.0% | $133.6M |
| Teva Pharmaceutical Inds LtdCUSIP 881624209 | September 30, 2022 | +319.8% | $684.6M |
| HMYHarmony Gold Mng Ltd | June 30, 2020 | +264.7% | $2.5M |
| TSMTaiwan Semiconductor Manufac | March 31, 2024 | +251.0% | $147.4M |
| VEONVeon Ltd | March 31, 2023 | +194.7% | $274.9M |
| Nebius Group N.v.CUSIP N97284108 | March 31, 2026 | +166.2% | $56.8M |
| AGFirst Majestic Silver Corp | March 31, 2025 | +153.5% | $90.5M |
| SLBSlb Limited | June 30, 2020 | +152.8% | $205.7M |
Sold off last quarter
- GDXJVaneck Etf Trust was $238.9M
- NOWServicenow Inc was $40.8M
- APGApi Group Corp was $12.4M
- AMZNAmazon Com Inc was $8.8M
- MSFTMicrosoft Corp was $4.6M
- RKTRocket Cos Inc was $2.5M
- KKRKkr & Co Inc was $2.5M
- OWLBlue Owl Capital Inc was $2.2M
- BABAAlibaba Group Hldg Ltd was $2.1M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | −1.9% | +14.8% |
| March 31, 2026 | −7.0% | −4.6% |
| December 31, 2025 | +6.3% | +2.4% |
| September 30, 2025 | +17.0% | +7.8% |
| June 30, 2025 | +21.8% | +10.5% |
| March 31, 2025 | +2.4% | −4.6% |
| December 31, 2024 | +4.7% | +2.1% |
| September 30, 2024 | +8.3% | +5.4% |
| June 30, 2024 | +10.6% | +4.0% |
| March 31, 2024 | +20.3% | +10.0% |
| December 31, 2023 | +5.6% | +11.2% |
| September 30, 2023 | +15.5% | −3.6% |
| June 30, 2023 | +5.3% | +8.3% |
| March 31, 2023 | +7.8% | +7.0% |
| December 31, 2022 | +23.4% | +7.1% |
| September 30, 2022 | +6.6% | −5.3% |
| June 30, 2022 | −26.7% | −16.5% |
| March 31, 2022 | +8.9% | −4.9% |
| December 31, 2021 | −0.9% | +10.7% |
| September 30, 2021 | +3.1% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Lingotto Investment Management LLP Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1732768&type=13F-HR&dateb=&owner=include&count=40CIK 1732768
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1732768/000117266126002907/Filed July 29, 2026 · accession 0001172661-26-002907