ANTIPODES PARTNERS Ltd
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 10, 2025), ANTIPODES PARTNERS Ltd reported 78 stock positions worth $2.9 billion. Its top holding was Alphabet Class A (GOOGL) at 6.8% of the portfolio, followed by Microsoft (MSFT, 6.5%) and Capital One Financial (COF, 6.4%). Compared with Q3 2024, it opened 13 new positions, sold out of 19, added to 42 and reduced 23. The biggest buy was Alphabet Class A (GOOGL, shares +111%) and the biggest sale Ameren (AEE, shares −100%).
- Most Recent 13F
- Q2 2026
- Location
- ROYAL EXCHANGE, C3
- CIK
- 0001652442
- Portfolio Value
- $2.9B (Q4 2024)
- SEC Filing
- 0001652442-25-000002 ↗ filed Feb 10, 2025
Holdings Value
Holdings 78 stocks · $2.9B
| GOOGL Alphabet Inc. Class A | 6.84% | 1,040,359 | $197.0M | Add +111.2% |
| MSFT Microsoft Corp. | 6.46% | 440,815 | $185.8M | Add +81.3% |
| COF Capital One Financial Corp. | 6.42% | 1,036,103 | $184.8M | Add +8.1% |
| MRK Merck & Co. Inc. | 6.39% | 1,848,631 | $183.9M | Add +17.3% |
| B Barrick Gold Corp. | 5.41% | 10,051,460 | $155.8M | Add +4.2% |
| AMZN Amazon.com Inc. | 4.90% | 642,918 | $141.1M | Reduce -35.6% |
| AEP American Electric Power | 4.44% | 1,386,375 | $127.9M | Add +94.5% |
| ALLY Ally Financial Inc. | 3.70% | 2,956,037 | $106.5M | Add +75.6% |
| KEYS Keysight Technologies Inc. | 3.50% | 626,145 | $100.6M | Add +282.4% |
| ALC Alcon Inc. filed as ALCON AG | 3.38% | 1,145,362 | $97.2M | Add +6.4% |
| JCI Johnson Controls Internation | 3.33% | 1,215,361 | $95.9M | Add +391951.9% |
| BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC | 3.27% | 5,112,392 | $94.2M | Add +9.9% |
| VTR Ventas Inc. | 3.04% | 1,483,586 | $87.4M | Add +2.3% |
| ORCL Oracle Corp. | 3.00% | 517,993 | $86.3M | Reduce -43.3% |
| CX Cemex Sab-Spons ADR Part Cer | 2.99% | 15,256,910 | $86.1M | New |
| UBS UBS Group AG-Reg | 2.60% | 2,449,761 | $75.0M | Add +31.4% |
| FMX Fomento Economico Mex-SP ADR | 2.42% | 815,739 | $69.7M | Add +28.4% |
| EQT Eqt Corp. | 2.36% | 1,474,111 | $68.0M | New |
| T AT&T Inc. | 2.27% | 2,867,064 | $65.3M | New |
| AA Alcoa Corp. | 2.17% | 1,651,009 | $62.4M | Reduce -24.6% |
| QCOM Qualcomm Inc. | 2.04% | 381,985 | $58.7M | Reduce -17.0% |
| OXY Occidental Petroleum Corp. | 1.87% | 1,086,753 | $53.7M | Reduce -18.4% |
| JD Jd.com Inc.-ADR | 1.67% | 1,382,875 | $47.9M | New |
| NTR Nutrien Ltd. | 1.60% | 1,027,292 | $46.0M | Add +11.0% |
| CRM Salesforce Inc. | 1.50% | 129,327 | $43.2M | New |
| EGO Eldorado Gold Corp. | 1.37% | 2,649,986 | $39.4M | Add +648.6% |
| CRTO Criteo SA-Spon | 1.37% | 994,555 | $39.3M | Add +41776.0% |
| BKD Brookdale Senior Living Inc. | 1.32% | 7,560,262 | $38.0M | Add +86.5% |
| ALNY Alnylam Pharmaceuticals Inc. | 1.09% | 133,759 | $31.5M | Reduce -4.0% |
| FLUT Flutter Entertainment PLC-Di | 1.07% | 118,241 | $30.7M | Reduce -21.6% |
| KO The Coca-Cola Co. | 0.93% | 431,551 | $26.9M | Add +43.5% |
| TSM Taiwan Semiconductor-SP ADR | 0.71% | 103,704 | $20.5M | Add +34.6% |
| FYBR Frontier Communications Pare | 0.71% | 585,969 | $20.3M | Reduce -51.7% |
| BABA Alibaba Group Holding-SP ADR | 0.68% | 229,813 | $19.5M | Reduce -38.8% |
| WDAY Workday Inc. Class A | 0.64% | 71,115 | $18.4M | Reduce -82.0% |
| PDD PDD Holdings Inc. | 0.46% | 135,379 | $13.1M | Reduce -71.0% |
| NEM Newmont Corp. | 0.44% | 343,916 | $12.8M | Reduce -35.1% |
| HCA HCA Healthcare Inc. | 0.30% | 28,741 | $8.6M | New |
| ASAIY Sendas Distribuidora SA | 0.24% | 1,554,561 | $6.9M | Add +35.8% |
| LYB Lyondellbasell Indu Class A | 0.24% | 91,140 | $6.8M | Reduce -2.0% |
| AEM Agnico Eagle Mines Ltd. | 0.23% | 82,934 | $6.5M | Reduce -80.1% |
| OTIS Otis Worldwide Corp. | 0.20% | 61,679 | $5.7M | Reduce -9.1% |
| SUZ Suzano SA - Spon ADR | 0.18% | 517,821 | $5.2M | Add +162.4% |
| VLRS Controladora Vuela Cia-ADR | 0.05% | 209,934 | $1.6M | Reduce -75.7% |
| GRAB Grab Holdings Ltd. Class A | 0.02% | 123,941 | $585K | New |
| ACIC American Coastal Insurance C | 0.02% | 40,920 | $551K | Add +79.9% |
| YMM Full Truck Alliance -SPN ADR | 0.02% | 47,261 | $511K | New |
| AMPS Altus Power Inc. | 0.01% | 99,181 | $404K | Add +59.3% |
| ROKU Roku Inc. | 0.01% | 3,812 | $283K | Add +91.3% |
| SEMR Semrush Holdings Inc. Class A | 0.01% | 23,681 | $281K | Add +902.6% |
| VAL Valaris Ltd. | 0.01% | 6,345 | $281K | New |
| GBTG Global Business Travel Group | 0.01% | 27,712 | $257K | Add +115.1% |
| VEEV Veeva Systems Inc. Class A | 0.01% | 1,198 | $252K | Add +115.1% |
| SMWB Similarweb Ltd. | 0.01% | 16,166 | $229K | Add +52.2% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.01% | 21,156 | $219K | Add +37.2% |
| LX Lexinfintech Holdings L-ADR | 0.01% | 34,769 | $202K | New |
| BASE Couchbase Inc. | 0.01% | 12,674 | $198K | New |
| AEE Ameren Corporation | 0.01% | 2,199 | $196K | Reduce -99.8% |
| AMPL Amplitude Inc. Class A | 0.01% | 18,081 | $191K | Add +90.7% |
| DASH DoorDash Inc. Class A | 0.01% | 901 | $151K | Reduce -27.3% |
| MGNI Magnite Inc. | 0.00% | 8,072 | $129K | Add +13.4% |
| MQ Marqeta Inc. | 0.00% | 29,359 | $111K | New |
| MYRG MYR Group Inc./Delaware | 0.00% | 618 | $92K | Add +13.2% |
| PBR Petroleo Brasileiro-Spon ADR | 0.00% | 6,346 | $82K | Reduce -44.6% |
| LUMN Lumen Technologies Inc. | 0.00% | 11,499 | $79K | Add +1.0% |
| MOS The Mosaic Co. | 0.00% | 3,166 | $78K | Add +115.1% |
| ARGX Argenx SE - ADR | 0.00% | 116 | $71K | Add +114.8% |
| BIDU Baidu Inc. - Spon ADR | 0.00% | 792 | $67K | Reduce -99.9% |
| CERT Certara Inc. | 0.00% | 5,442 | $58K | Add +204.7% |
| ADSK Autodesk Inc. | 0.00% | 138 | $41K | Add +14.1% |
| IR Ingersoll-Rand Inc. | 0.00% | 313 | $28K | Reduce -14.7% |
| GE General Electric filed as GE AEROSPACE | 0.00% | 169 | $28K | Reduce -8.7% |
| GPCR Structure Therapeutics Inc. | 0.00% | 1,034 | $28K | Add +115.0% |
| IAG Iamgold Corp. | 0.00% | 4,424 | $23K | Reduce -66.8% |
| SHLS Shoals Technologies Group -A | 0.00% | 2,274 | $13K | Add +16.4% |
| ARRY Array Technologies Inc. | 0.00% | 1,743 | $11K | Add +7.1% |
| FLNC Fluence Energy Inc. | 0.00% | 659 | $10K | Add +17.9% |
| EWZ iShares MSCI Brazil ETF | 0.00% | 89 | $712 | New |
Portfolio Sells Q3 2024 → Q4 2024
| AEE Ameren Corporation | Reduce -99.8% | 0.01% | −3.83 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −2.94 |
| WDAY Workday Inc. Class A | Reduce -82.0% | 0.64% | −2.71 |
| ORCL Oracle Corp. | Reduce -43.3% | 3.00% | −2.40 |
| LOW Lowe's Cos Inc. | Sold out | 0.00% | −2.22 |
| VRTX Vertex Pharmaceuticals Inc. | Sold out | 0.00% | −2.06 |
| BIDU Baidu Inc. - Spon ADR | Reduce -99.9% | 0.00% | −2.01 |
| PDD PDD Holdings Inc. | Reduce -71.0% | 0.46% | −1.73 |
| AMZN Amazon.com Inc. | Reduce -35.6% | 4.90% | −1.55 |
| COR Cencora Inc. | Sold out | 0.00% | −1.15 |
| GPN Global Payments Inc. | Sold out | 0.00% | −1.12 |
| AEM Agnico Eagle Mines Ltd. | Reduce -80.1% | 0.23% | −0.94 |
| FYBR Frontier Communications Pare | Reduce -51.7% | 0.71% | −0.79 |
| AA Alcoa Corp. | Reduce -24.6% | 2.17% | −0.76 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.75 |
| BABA Alibaba Group Holding-SP ADR | Reduce -38.8% | 0.68% | −0.70 |
| QCOM Qualcomm Inc. | Reduce -17.0% | 2.04% | −0.67 |
| NEM Newmont Corp. | Reduce -35.1% | 0.44% | −0.54 |
| GEV GE Vernova Inc. | Sold out | 0.00% | −0.52 |
| OXY Occidental Petroleum Corp. | Reduce -18.4% | 1.87% | −0.51 |
| Z Zillow Group Inc. Class C | Sold out | 0.00% | −0.41 |
| ALNY Alnylam Pharmaceuticals Inc. | Reduce -4.0% | 1.09% | −0.23 |
| IBKR Interactive Brokers Gro Class A | Sold out | 0.00% | −0.23 |
| ITUB Itau Unibanco H-Spon PRF ADR | Sold out | 0.00% | −0.22 |
| FLUT Flutter Entertainment PLC-Di | Reduce -21.6% | 1.07% | −0.17 |
| FTS Fortis Inc. | Sold out | 0.00% | −0.15 |
| VLRS Controladora Vuela Cia-ADR | Reduce -75.7% | 0.05% | −0.14 |
| BAH Booz Allen Hamilton Holdings | Sold out | 0.00% | −0.08 |
| LYB Lyondellbasell Indu Class A | Reduce -2.0% | 0.24% | −0.07 |
| TECK Teck Resources Ltd.-CLS B | Sold out | 0.00% | −0.05 |
| OTIS Otis Worldwide Corp. | Reduce -9.1% | 0.20% | −0.05 |
| NE Noble Corp. PLC | Sold out | 0.00% | −0.04 |
| BILIBILI INC (BILI 0.5 12/01/26) | Sold out | 0.00% | −0.02 |
| SDRL Seadrill Limited | Sold out | 0.00% | −0.00 |
| PBR Petroleo Brasileiro-Spon ADR | Reduce -44.6% | 0.00% | −0.00 |
| DV Doubleverify Holdings Inc. | Sold out | 0.00% | −0.00 |
| IAS Integral Ad Science Holding | Sold out | 0.00% | −0.00 |
| IAG Iamgold Corp. | Reduce -66.8% | 0.00% | −0.00 |
| DASH DoorDash Inc. Class A | Reduce -27.3% | 0.01% | −0.00 |
| GXO Gxo Logistics Inc. | Sold out | 0.00% | −0.00 |
| IR Ingersoll-Rand Inc. | Reduce -14.7% | 0.00% | −0.00 |
| GE General Electric | Reduce -8.7% | 0.00% | −0.00 |
Portfolio Buys Q3 2024 → Q4 2024
| GOOGL Alphabet Inc. Class A | Add +111.2% | 6.84% | +4.01 |
| JCI Johnson Controls Internation | Add +391951.9% | 3.33% | +3.33 |
| CX Cemex Sab-Spons ADR Part Cer | New | 2.99% | +2.99 |
| MSFT Microsoft Corp. | Add +81.3% | 6.46% | +2.83 |
| KEYS Keysight Technologies Inc. | Add +282.4% | 3.50% | +2.59 |
| EQT Eqt Corp. | New | 2.36% | +2.36 |
| T AT&T Inc. | New | 2.27% | +2.27 |
| AEP American Electric Power | Add +94.5% | 4.44% | +1.91 |
| JD Jd.com Inc.-ADR | New | 1.67% | +1.67 |
| ALLY Ally Financial Inc. | Add +75.6% | 3.70% | +1.62 |
| CRM Salesforce Inc. | New | 1.50% | +1.50 |
| COF Capital One Financial Corp. | Add +8.1% | 6.42% | +1.45 |
| CRTO Criteo SA-Spon | Add +41776.0% | 1.37% | +1.36 |
| EGO Eldorado Gold Corp. | Add +648.6% | 1.37% | +1.16 |
| UBS UBS Group AG-Reg | Add +31.4% | 2.60% | +0.61 |
| BKD Brookdale Senior Living Inc. | Add +86.5% | 1.32% | +0.37 |
| HCA HCA Healthcare Inc. | New | 0.30% | +0.30 |
| FMX Fomento Economico Mex-SP ADR | Add +28.4% | 2.42% | +0.25 |
| TSM Taiwan Semiconductor-SP ADR | Add +34.6% | 0.71% | +0.25 |
| MRK Merck & Co. Inc. | Add +17.3% | 6.39% | +0.19 |
| KO The Coca-Cola Co. | Add +43.5% | 0.93% | +0.18 |
| SUZ Suzano SA - Spon ADR | Add +162.4% | 0.18% | +0.11 |
| BEKE Ke Holdings Inc.-ADR | Add +9.9% | 3.27% | +0.06 |
| NTR Nutrien Ltd. | Add +11.0% | 1.60% | +0.06 |
| GRAB Grab Holdings Ltd. Class A | New | 0.02% | +0.02 |
| YMM Full Truck Alliance -SPN ADR | New | 0.02% | +0.02 |
| ACIC American Coastal Insurance C | Add +79.9% | 0.02% | +0.01 |
| VAL Valaris Ltd. | New | 0.01% | +0.01 |
| SEMR Semrush Holdings Inc. Class A | Add +902.6% | 0.01% | +0.01 |
| AMPS Altus Power Inc. | Add +59.3% | 0.01% | +0.01 |
| LX Lexinfintech Holdings L-ADR | New | 0.01% | +0.01 |
| BASE Couchbase Inc. | New | 0.01% | +0.01 |
| GBTG Global Business Travel Group | Add +115.1% | 0.01% | +0.01 |
| ROKU Roku Inc. | Add +91.3% | 0.01% | +0.00 |
| VEEV Veeva Systems Inc. Class A | Add +115.1% | 0.01% | +0.00 |
| SMWB Similarweb Ltd. | Add +52.2% | 0.01% | +0.00 |
| MQ Marqeta Inc. | New | 0.00% | +0.00 |
| AMPL Amplitude Inc. Class A | Add +90.7% | 0.01% | +0.00 |
| ARGX Argenx SE - ADR | Add +114.8% | 0.00% | +0.00 |
| CERT Certara Inc. | Add +204.7% | 0.00% | +0.00 |
| MYRG MYR Group Inc./Delaware | Add +13.2% | 0.00% | +0.00 |
| MOS The Mosaic Co. | Add +115.1% | 0.00% | +0.00 |
| MGNI Magnite Inc. | Add +13.4% | 0.00% | +0.00 |
| ADSK Autodesk Inc. | Add +14.1% | 0.00% | +0.00 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +37.2% | 0.01% | +0.00 |
| GPCR Structure Therapeutics Inc. | Add +115.0% | 0.00% | +0.00 |
| SHLS Shoals Technologies Group -A | Add +16.4% | 0.00% | +0.00 |
| ARRY Array Technologies Inc. | Add +7.1% | 0.00% | 0.00 |
| EWZ iShares MSCI Brazil ETF | New | 0.00% | 0.00 |
| FLNC Fluence Energy Inc. | Add +17.9% | 0.00% | −0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 130 | $5.5B | AMZN, AEP, COF, NVDA, EXC |
| Q1 2026 | 126 | $5.2B | AMZN, AEP, MSFT, EXC, MRK |
| Q4 2025 | 127 | $4.8B | AMZN, AEP, MSFT, B, COF |
| Q3 2025 | 115 | $4.5B | AEP, B, FER, EXC, MSFT |
| Q2 2025 | 105 | $3.2B | MSFT, GOOGL, COF, AMZN, B |
| Q1 2025 | 102 | $3.2B | B, COF, MSFT, GOOGL, MRK |
| Q4 2024 | 78 | $2.9B | GOOGL, MSFT, COF, MRK, B |
| Q3 2024 | 84 | $2.9B | B, AMZN, MRK, ORCL, COF |
| Q2 2024 | 78 | $2.8B | MRK, ORCL, AMZN, MSFT, B |
| Q1 2024 | 69 | $3.2B | MRK, ORCL, MSFT, OXY, AMZN |