Albar Capital Partners LLP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Albar Capital Partners LLP reported 15 stock positions worth $219.9 million. Its top holding was Johnson Controls Internation (JCI) at 19.4% of the portfolio, followed by Corteva (CTVA, 14.4%) and Air Products & Chemicals (APD, 9.1%). Compared with Q4 2024, it opened 7 new positions, sold out of 15, added to 1 and reduced 7. The biggest buy was Johnson Controls Internation (JCI, shares +299%) and the biggest sale Taiwan Semiconductor-SP ADR (TSM, shares −83%).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0002034565
- Portfolio Value
- $219.9M (Q1 2025)
- SEC Filing
- 0001013594-25-000658 ↗ filed May 15, 2025
Holdings Value
Holdings 15 stocks · $219.9M
| JCI Johnson Controls Internation | 19.39% | 532,358 | $42.6M | Add +299.5% |
| CTVA Corteva Inc. | 14.43% | 504,181 | $31.7M | Reduce -21.7% |
| APD Air Products & Chemicals Inc. | 9.14% | 68,178 | $20.1M | Reduce -47.2% |
| RTX RTX Corp. | 8.18% | 135,761 | $18.0M | Reduce -19.3% |
| FCX Freeport-McMoran Inc. | 7.44% | 432,342 | $16.4M | New |
| ADI Analog Devices Inc. | 6.60% | 72,019 | $14.5M | New |
| GEHC GE Healthcare Technology | 6.04% | 164,486 | $13.3M | New |
| DOV Dover Corp. | 5.19% | 65,024 | $11.4M | New |
| MMM 3M Co. | 4.65% | 69,612 | $10.2M | Reduce -50.3% |
| DD Dupont DE Nemours Inc. | 4.64% | 136,728 | $10.2M | New |
| TSM Taiwan Semiconductor-SP ADR | 4.32% | 57,281 | $9.5M | Reduce -82.8% |
| CRH CRH PLC | 4.14% | 103,381 | $9.1M | Reduce -42.2% |
| SW Smurfit Westrock PLC | 3.34% | 163,011 | $7.3M | New |
| IWM iShares Russell 2000 ETF | 2.03% | 22,425 | $4.5M | New |
| GM General Motors Co. | 0.46% | 21,685 | $1.0M | Reduce -96.3% |
Portfolio Sells Q4 2024 → Q1 2025
| TSM Taiwan Semiconductor-SP ADR | Reduce -82.8% | 4.32% | −11.48 |
| IFF Intl Flavors & Fragrances | Sold out | 0.00% | −8.97 |
| GM General Motors Co. | Reduce -96.3% | 0.46% | −6.98 |
| APTV Aptiv PLC | Sold out | 0.00% | −5.87 |
| ETN Eaton Corp. PLC | Sold out | 0.00% | −5.85 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −5.54 |
| EMN Eastman Chemical Co. | Sold out | 0.00% | −3.11 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −2.89 |
| EMR Emerson Electric Co. | Sold out | 0.00% | −2.54 |
| CNH CNH Industrial NV | Sold out | 0.00% | −1.55 |
| HON Honeywell International Inc. | Sold out | 0.00% | −1.51 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −1.30 |
| CMI Cummins Inc. | Sold out | 0.00% | −1.15 |
| NXPI NXP Semiconductors NV | Sold out | 0.00% | −1.12 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −0.78 |
| BWA Borgwarner Inc. | Sold out | 0.00% | −0.70 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −0.51 |
| APD Air Products & Chemicals Inc. | Reduce -47.2% | 9.14% | +0.15 |
| CRH CRH PLC | Reduce -42.2% | 4.14% | +0.16 |
| MMM 3M Co. | Reduce -50.3% | 4.65% | +0.30 |
| RTX RTX Corp. | Reduce -19.3% | 8.18% | +3.50 |
| CTVA Corteva Inc. | Reduce -21.7% | 14.43% | +5.61 |
Portfolio Buys Q4 2024 → Q1 2025
| JCI Johnson Controls Internation | Add +299.5% | 19.39% | +16.86 |
| FCX Freeport-McMoran Inc. | New | 7.44% | +7.44 |
| ADI Analog Devices Inc. | New | 6.60% | +6.60 |
| GEHC GE Healthcare Technology | New | 6.04% | +6.04 |
| DOV Dover Corp. | New | 5.19% | +5.19 |
| DD Dupont DE Nemours Inc. | New | 4.64% | +4.64 |
| SW Smurfit Westrock PLC | New | 3.34% | +3.34 |
| IWM iShares Russell 2000 ETF | New | 2.03% | +2.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 38 | $766.8M | FCX, TSM, DOV, CARR, CRH |
| Q1 2026 | 36 | $618.1M | TSM, CARR, DOV, CRH, CMI |
| Q4 2025 | 31 | $423.0M | FCX, TSM, CRH, PKG, LIN |
| Q3 2025 | 30 | $438.9M | CRH, TSM, PKG, CCK, NVDA |
| Q2 2025 | 30 | $584.7M | TSM, NVDA, CCK, CRH, CTVA |
| Q1 2025 | 15 | $219.9M | JCI, CTVA, APD, RTX, FCX |
| Q4 2024 | 23 | $416.0M | TSM, APD, IFF, CTVA, GM |