1y return+19.5%S&P 500 +20.9%
3y return+62.9%S&P 500 +68.5%
5y return+53.1%S&P 500 +74.5%
10y return+245.7%S&P 500 +256.5%
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 June 30, 2016: $346 against $357 in the S&P 500.2
Orbis Allan Gray LtdS&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 |
|---|---|---|---|
| CPAYCorpay Inc | $1.8B | 6.2% | +1.2% |
| Nebius Group N.v.CUSIP N97284108 | $1.8B | 6.2% | −21.9% |
| BKNGBooking Holdings Inc | $1.3B | 4.4% | +289.9% |
| QXOQxo Inc | $1.3B | 4.4% | |
| BRKRBruker Corp | $1.1B | 3.7% | |
| RXORxo Inc | $1.0B | 3.5% | |
| MSIMotorola Solutions Inc | $992.4M | 3.4% | +27.8% |
| GOOGLAlphabet Inc | $836.5M | 2.9% | −6.9% |
| EQTEqt Corp | $835.1M | 2.9% | +29.7% |
| XPOXpo Inc | $698.6M | 2.4% | |
| SHELShell PLC | $686.0M | 2.4% | +115.1% |
| GXOGxo Logistics Incorporated | $680.6M | 2.3% | |
| ITUBItau Unibanco Hldg S A | $664.2M | 2.3% | +17.4% |
| INSMInsmed Inc | $647.9M | 2.2% | +224.5% |
| ALNYAlnylam Pharmaceuticals Inc | $598.3M | 2.1% | +48.9% |
| FSVFirstservice Corp New | $574.7M | 2.0% | +1.9% |
| Steris PLCCUSIP G8473T100 | $563.8M | 1.9% | +3.3% |
| IBKRInteractive Brokers Group In | $528.3M | 1.8% | |
| NEMNewmont Corp | $517.8M | 1.8% | +7.2% |
| PRAXPraxis Precision Medicines I | $512.2M | 1.8% | −38.1% |
| NVDANvidia Corporation | $490.3M | 1.7% | +17.3% |
| CNKCinemark Hldgs Inc | $477.8M | 1.6% | |
| BTIBritish Amern Tob PLC | $456.1M | 1.6% | −4.2% |
| NTESNetease Com Inc | $448.9M | 1.5% | −2.3% |
| PDDPdd Holdings Inc | $408.4M | 1.4% | +207.0% |
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 |
|---|---|---|---|
| IBKRInteractive Brokers Group In | December 31, 2021 | +338.4% | $528.3M |
| MSIMotorola Solutions Inc | June 30, 2020 | +196.4% | $992.4M |
| XPOXpo Inc | June 30, 2020 | +165.7% | $698.6M |
| NEMNewmont Corp | December 31, 2023 | +125.7% | $517.8M |
| CXCemex Sa Euro Mtn Be 144a | December 31, 2024 | +112.8% | $339.7M |
| KMIKinder Morgan Inc Del | September 30, 2021 | +91.1% | $377.2M |
| BBarrick Mng Corp | June 30, 2025 | +76.4% | $245.6M |
| FNVFranco Nev Corp | March 31, 2024 | +74.9% | $269.0M |
| AALAmerican Airlines Group Inc | March 31, 2026 | +68.2% | $291.6M |
| CNKCinemark Hldgs Inc | September 30, 2021 | +65.2% | $477.8M |
Sold off last quarter
- AESAes Corp was $172.6M
- KBKb Finl Group Inc was $36.0M
- SLGNSilgan Hldgs Inc was $34.9M
- FBINFortune Brands Innovations I was $30.2M
- BIDUBaidu Inc was $21.2M
- MSFTMicrosoft Corp was $16.8M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +10.9% | +14.8% |
| March 31, 2026 | −1.7% | −4.6% |
| December 31, 2025 | −1.0% | +2.4% |
| September 30, 2025 | +10.8% | +7.8% |
| June 30, 2025 | +13.3% | +10.5% |
| March 31, 2025 | −2.6% | −4.6% |
| December 31, 2024 | −3.7% | +2.1% |
| September 30, 2024 | +7.6% | +5.4% |
| June 30, 2024 | −2.0% | +4.0% |
| March 31, 2024 | +9.7% | +10.0% |
| December 31, 2023 | +10.0% | +11.2% |
| September 30, 2023 | +0.9% | −3.6% |
| June 30, 2023 | +6.9% | +8.3% |
| March 31, 2023 | +5.4% | +7.0% |
| December 31, 2022 | +9.9% | +7.1% |
| September 30, 2022 | −5.3% | −5.3% |
| June 30, 2022 | −13.6% | −16.5% |
| March 31, 2022 | +0.0% | −4.9% |
| December 31, 2021 | +4.5% | +10.7% |
| September 30, 2021 | −11.3% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Orbis Allan Gray Ltd Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1663865&type=13F-HR&dateb=&owner=include&count=40CIK 1663865
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1663865/000166386526000004/Filed August 14, 2026 · accession 0001663865-26-000004