Orbis Investment Management (u.s.) 13F annual report
Orbis Investment Management (u.s.) is an investment fund managing more than $138 million ran by Matthew Gaarder. There are currently 24 companies in Mr. Gaarder’s portfolio. The largest investments include XPO Logistics and AbbVie, together worth $34.2 million.
$138 million Assets Under Management (AUM)
As of 7th October 2020, Orbis Investment Management (u.s.)’s top holding is 179,990 shares of XPO Logistics currently worth over $20.5 million and making up 14.9% of the portfolio value.
Relative to the number of outstanding shares of XPO Logistics, Orbis Investment Management (u.s.) owns more than approximately 0.1% of the company.
In addition, the fund holds 144,602 shares of AbbVie worth $13.7 million, whose value grew 6.9% in the past six months.
The third-largest holding is Arconic worth $11 million and the next is Apache worth $7.74 million, with 162,387 shares owned.
Currently, Orbis Investment Management (u.s.)'s portfolio is worth at least $138 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Orbis Investment Management (u.s.)
The Orbis Investment Management (u.s.) office and employees reside in San Francisco, California. According to the last 13-F report filed with the SEC, Matthew Gaarder serves as the Secretary at Orbis Investment Management (u.s.).
Recent trades
In the most recent 13F filing, Orbis Investment Management (u.s.) revealed that it had opened a new position in XPO Logistics and bought 179,990 shares worth $20.5 million.
One of the smallest hedge funds
The two most similar investment funds to Orbis Investment Management (u.s.) are New England Research & Management and 1623 Capital. They manage $138 million and $138 million respectively.
Matthew Gaarder investment strategy
Orbis Investment Management (u.s.)’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Industrials — making up 22.9% of
the total portfolio value.
The fund focuses on investments in the United States as
62.5% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
38% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $96.8 billion.
The complete list of Orbis Investment Management (u.s.) trades based on 13F SEC filings
These positions were updated on November 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| XPO Logistics, Inc. |
Opened
179,990
|
$20,549,000 | 14.88% |
| AbbVie, Inc. |
Opened
144,602
|
$13,676,000 | 9.90% |
| Arconic Corporation |
Opened
501,555
|
$11,039,000 | 7.99% |
| Apache Corp. |
Opened
162,387
|
$7,741,000 | 5.61% |
| Celgene Corp |
Opened
86,413
|
$7,733,000 | 5.60% |
| Citigroup, Inc. |
Opened
95,090
|
$6,822,000 | 4.94% |
| Dell Technologies, Inc. |
Opened
67,727
|
$6,578,000 | 4.76% |
| NIKE, Inc. |
Opened
77,490
|
$6,565,000 | 4.75% |
| PG&E Corp. |
Opened
140,927
|
$6,484,000 | 4.70% |
| Wells Fargo Co New |
Opened
118,847
|
$6,247,000 | 4.52% |
| Facebook, Inc. |
Opened
37,923
|
$6,237,000 | 4.52% |
| Centennial Resource Dev Inc |
Opened
274,322
|
$5,994,000 | 4.34% |
| Spdr Gold Trust |
Opened
39,535
|
$4,458,000 | 3.23% |
| Alta Mesa Res Inc |
Opened
958,209
|
$4,005,000 | 2.90% |
| Berry Global Group, Inc. |
Opened
81,130
|
$3,926,000 | 2.84% |
| DXC Technology Co. |
Opened
35,937
|
$3,361,000 | 2.43% |
| Bristol Myers Squibb Co. |
Opened
50,752
|
$3,151,000 | 2.28% |
| Schlumberger Ltd |
Opened
43,686
|
$2,661,000 | 1.93% |
| Qorvo, Inc. |
Opened
31,815
|
$2,446,000 | 1.77% |
| Dollar Gen Corp New |
Opened
22,047
|
$2,410,000 | 1.75% |
| Symantec Corp |
Opened
106,458
|
$2,265,000 | 1.64% |
| Motorola Solutions, Inc. |
Opened
12,861
|
$1,674,000 | 1.21% |
| Nxp Semiconductors N V |
Opened
15,445
|
$1,321,000 | 0.96% |
| Liberty Latin America Ltd. |
Opened
36,388
|
$751,000 | 0.54% |
| No transactions found | |||
| Showing first 500 out of 24 holdings | |||
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