ANTIPODES PARTNERS Ltd
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 5, 2025), ANTIPODES PARTNERS Ltd reported 105 stock positions worth $3.2 billion. Its top holding was Microsoft (MSFT) at 7.4% of the portfolio, followed by Alphabet Class A (GOOGL, 6.3%) and Capital One Financial (COF, 6.2%). Compared with Q1 2025, it opened 21 new positions, sold out of 18, added to 40 and reduced 41. The biggest buy was a new position in Advanced Micro Devices (AMD) and the biggest sale an exit from Jd.com Inc.-ADR (JD).
- Most Recent 13F
- Q2 2026
- Location
- ROYAL EXCHANGE, C3
- CIK
- 0001652442
- Portfolio Value
- $3.2B (Q2 2025)
- SEC Filing
- 0002005403-25-000004 ↗ filed Aug 5, 2025
Holdings Value
Holdings 105 stocks · $3.2B
| MSFT Microsoft Corp. | 7.40% | 479,954 | $238.8M | Reduce -5.6% |
| GOOGL Alphabet Inc. Class A | 6.28% | 1,148,175 | $202.4M | Reduce -1.6% |
| COF Capital One Financial Corp. | 6.21% | 941,112 | $200.2M | Reduce -13.2% |
| AMZN Amazon.com Inc. | 5.34% | 784,330 | $172.1M | Reduce -2.3% |
| B Barrick Mining Corp. | 5.25% | 8,131,094 | $169.3M | Reduce -19.6% |
| HCA HCA Healthcare Inc. | 4.65% | 391,458 | $150.0M | Reduce -10.1% |
| MRK Merck & Co. Inc. | 4.45% | 1,814,260 | $143.6M | Reduce -7.8% |
| ALLY Ally Financial Inc. | 4.23% | 3,500,623 | $136.4M | Add +7.7% |
| JCI Johnson Controls Internation | 4.17% | 1,271,772 | $134.3M | Add +12.2% |
| KEYS Keysight Technologies Inc. | 3.70% | 727,936 | $119.3M | Reduce -22.2% |
| AEP American Electric Power | 3.64% | 1,131,459 | $117.4M | Reduce -12.5% |
| AMD Advanced Micro Devices | 3.09% | 702,830 | $99.7M | New |
| ALC Alcon Inc. filed as ALCON AG | 3.09% | 1,129,090 | $99.6M | Reduce -5.6% |
| BKD Brookdale Senior Living Inc. | 3.06% | 14,151,773 | $98.5M | Add +3.4% |
| VTR Ventas Inc. | 3.01% | 1,536,041 | $97.0M | Add +4.7% |
| FMX Fomento Economico Mex-SP ADR | 2.95% | 922,816 | $95.0M | Add +0.3% |
| UBS UBS Group AG-Reg | 2.54% | 2,432,229 | $82.0M | Reduce -9.4% |
| WDAY Workday Inc. Class A | 2.42% | 325,059 | $78.0M | New |
| WLK Westlake Corp. | 1.94% | 823,169 | $62.5M | New |
| EGO Eldorado Gold Corp. | 1.87% | 2,967,440 | $60.4M | Reduce -22.0% |
| EAT Brinker International Inc. | 1.73% | 308,993 | $55.7M | New |
| EQT Eqt Corp. | 1.72% | 952,140 | $55.5M | Reduce -33.0% |
| MU Micron Technology Inc. | 1.54% | 403,540 | $49.7M | Add +8.1% |
| CRM Salesforce Inc. | 1.36% | 160,912 | $43.9M | Add +89.2% |
| CX Cemex Sab-Spons ADR Part Cer | 1.29% | 6,018,838 | $41.7M | Reduce -54.4% |
| ALNY Alnylam Pharmaceuticals Inc. | 1.24% | 122,804 | $40.0M | Reduce -23.0% |
| LEN Lennar Corp. Class A | 1.17% | 340,001 | $37.6M | Reduce -6.6% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 1.08% | 2,534,686 | $34.8M | Add +7571.8% |
| FLUT Flutter Entertainment PLC-Di | 1.04% | 118,251 | $33.4M | Reduce -21.3% |
| NTR Nutrien Ltd. | 0.83% | 460,269 | $26.8M | Reduce -43.0% |
| JNJ Johnson & Johnson | 0.72% | 152,032 | $23.2M | New |
| NEM Newmont Corp. | 0.72% | 396,632 | $23.1M | Reduce -17.3% |
| GEV GE Vernova Inc. | 0.56% | 34,137 | $18.1M | Add +43111.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.55% | 77,636 | $17.6M | Reduce -41.6% |
| PHM Pultegroup Inc. | 0.50% | 151,611 | $16.0M | New |
| OXY Occidental Petroleum Corp. | 0.47% | 359,488 | $15.1M | Add +1.7% |
| CRTO Criteo SA-Spon | 0.45% | 608,302 | $14.6M | Reduce -58.1% |
| PCOR Procore Technologies Inc. | 0.42% | 197,781 | $13.5M | Add +99.9% |
| LSPD Lightspeed Commerce Inc. | 0.42% | 1,150,227 | $13.5M | Add +3784.7% |
| PDD PDD Holdings Inc. | 0.38% | 116,823 | $12.2M | Reduce -14.6% |
| LYB Lyondellbasell Indu Class A | 0.38% | 209,619 | $12.1M | Add +91.7% |
| KO The Coca-Cola Co. | 0.36% | 162,752 | $11.5M | Add +0.2% |
| HDB HDFC Bank Ltd.-ADR | 0.31% | 132,410 | $10.2M | Add +152.7% |
| T AT&T Inc. | 0.29% | 324,832 | $9.4M | Add +0.1% |
| OTIS Otis Worldwide Corp. | 0.22% | 71,502 | $7.1M | Add +0.2% |
| BABA Alibaba Group Holding-SP ADR | 0.15% | 43,622 | $4.9M | No change |
| GDXJ Vaneck Junior Gold Miners | 0.12% | 58,457 | $4.0M | Reduce -90.4% |
| SEMR Semrush Holdings Inc. Class A | 0.12% | 426,215 | $3.9M | Add +898.5% |
| GDX Vaneck Gold Miners ETF | 0.10% | 64,741 | $3.4M | New |
| CENX Century Aluminum Company | 0.09% | 153,131 | $2.8M | New |
| SUZ Suzano SA - Spon ADR | 0.06% | 205,166 | $1.9M | Reduce -45.3% |
| BAH Booz Allen Hamilton Holdings | 0.05% | 16,409 | $1.7M | New |
| QCOM Qualcomm Inc. | 0.05% | 10,086 | $1.6M | Reduce -95.1% |
| AZO AutoZone Inc. | 0.03% | 224 | $832K | New |
| YMM Full Truck Alliance -SPN ADR | 0.02% | 68,035 | $804K | Reduce -46.4% |
| ROKU Roku Inc. | 0.02% | 7,169 | $630K | Add +44.5% |
| LX Lexinfintech Holdings L-ADR | 0.01% | 63,315 | $457K | Add +97.2% |
| VAL Valaris Ltd. | 0.01% | 7,133 | $300K | Reduce -9.9% |
| BRKR Bruker Corp. | 0.01% | 6,788 | $280K | Add +33.6% |
| SABR Sabre Corp. | 0.01% | 87,855 | $278K | New |
| ACIC American Coastal Insurance C | 0.01% | 22,021 | $245K | Reduce -18.4% |
| MGNI Magnite Inc. | 0.01% | 9,162 | $221K | Reduce -59.0% |
| GBTG Global Business Travel Group | 0.01% | 32,085 | $202K | Add +107.8% |
| ARGX Argenx SE - ADR | 0.01% | 332 | $183K | Add +1.5% |
| DGX Quest Diagnostics Inc. | 0.01% | 1,000 | $180K | Add +24.7% |
| CHYM Chime Financial Inc. Class A | 0.01% | 5,000 | $173K | New |
| SMWB Similarweb Ltd. | 0.00% | 17,510 | $137K | Add +8.3% |
| MYRG MYR Group Inc./Delaware | 0.00% | 704 | $128K | Reduce -2.1% |
| AEE Ameren Corporation | 0.00% | 1,308 | $126K | No change |
| QGEN Qiagen N.V. | 0.00% | 2,566 | $123K | Add +9.4% |
| D Dominion Energy Inc. | 0.00% | 2,051 | $116K | Add +239.6% |
| EXC Exelon Corp. | 0.00% | 2,641 | $115K | Add +255.4% |
| VRTX Vertex Pharmaceuticals Inc. | 0.00% | 241 | $107K | Reduce -5.5% |
| GMED Globus Medical Inc. Class A | 0.00% | 1,814 | $107K | Add +3.8% |
| ABT Abbott Laboratories | 0.00% | 741 | $101K | Reduce -41.6% |
| IMNM Immunome Inc. | 0.00% | 10,261 | $95K | Reduce -27.6% |
| ESTA Establishment Labs Holdings | 0.00% | 2,048 | $87K | Add +3.7% |
| CERT Certara Inc. | 0.00% | 6,665 | $78K | Add +22.5% |
| DXCM Dexcom Inc. | 0.00% | 844 | $74K | Reduce -57.0% |
| STE Steris PLC | 0.00% | 260 | $62K | Reduce -51.2% |
| COR Cencora Inc. | 0.00% | 204 | $61K | New |
| GPCR Structure Therapeutics Inc. | 0.00% | 2,932 | $61K | Reduce -31.0% |
| GE General Electric filed as GE AEROSPACE | 0.00% | 231 | $59K | Add +13.8% |
| ADSK Autodesk Inc. | 0.00% | 172 | $53K | Add +13.9% |
| NTRA Natera Inc. | 0.00% | 313 | $53K | Add +10.6% |
| ORIC Oric Pharmaceuticals Inc. | 0.00% | 5,194 | $53K | Add +35.9% |
| LUMN Lumen Technologies Inc. | 0.00% | 11,499 | $50K | No change |
| MASS 908 Devices Inc. | 0.00% | 6,558 | $47K | Add +49.7% |
| HSIC Henry Schein Inc. | 0.00% | 586 | $43K | New |
| SGMT Sagimet Biosciences Inc. Class A | 0.00% | 5,412 | $41K | New |
| IRTC Irhythm Holdings Inc. | 0.00% | 255 | $39K | New |
| SPRY Ars Pharmaceuticals Inc. | 0.00% | 2,201 | $38K | Reduce -25.2% |
| NUVL Nuvalent Inc. Class A | 0.00% | 479 | $37K | Reduce -11.3% |
| IR Ingersoll-Rand Inc. | 0.00% | 313 | $26K | Add +13.8% |
| APGE Apogee Therapeutics Inc. | 0.00% | 597 | $26K | Add +10.2% |
| SDGR Schrodinger Inc. | 0.00% | 1,252 | $25K | Reduce -33.3% |
| JANX Janux Therapeutics Inc. | 0.00% | 1,048 | $24K | Add +65.8% |
| CORZ Core Scientific Inc. | 0.00% | 1,391 | $24K | New |
| NVCR Novocure Ltd. | 0.00% | 1,119 | $20K | New |
| DAWN Day One Biopharmaceuticals I | 0.00% | 3,006 | $20K | Add +47.1% |
| WAY Waystar Holding Corp. | 0.00% | 374 | $15K | New |
| HUMA Humacyte Inc. | 0.00% | 7,174 | $15K | New |
| FLNC Fluence Energy Inc. | 0.00% | 1,688 | $11K | Reduce -18.1% |
| SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE | 0.00% | 231 | $8K | New |
| ARRY Array Technologies Inc. | 0.00% | 1,258 | $7K | Reduce -31.7% |
Portfolio Sells Q1 2025 → Q2 2025
| JD Jd.com Inc.-ADR | Sold out | 0.00% | −3.79 |
| BEKE Ke Holdings Inc.-ADR | Sold out | 0.00% | −2.78 |
| AA Alcoa Corp. | Sold out | 0.00% | −1.61 |
| ORCL Oracle Corp. | Sold out | 0.00% | −1.24 |
| CRTO Criteo SA-Spon | Reduce -58.1% | 0.45% | −1.16 |
| MRK Merck & Co. Inc. | Reduce -7.8% | 4.45% | −1.08 |
| CX Cemex Sab-Spons ADR Part Cer | Reduce -54.4% | 1.29% | −1.03 |
| GDXJ Vaneck Junior Gold Miners | Reduce -90.4% | 0.12% | −0.97 |
| QCOM Qualcomm Inc. | Reduce -95.1% | 0.05% | −0.94 |
| B Barrick Mining Corp. | Reduce -19.6% | 5.25% | −0.91 |
| AEP American Electric Power | Reduce -12.5% | 3.64% | −0.78 |
| KEYS Keysight Technologies Inc. | Reduce -22.2% | 3.70% | −0.69 |
| EQT Eqt Corp. | Reduce -33.0% | 1.72% | −0.65 |
| ALC Alcon Inc. | Reduce -5.6% | 3.09% | −0.43 |
| NTR Nutrien Ltd. | Reduce -43.0% | 0.83% | −0.43 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -41.6% | 0.55% | −0.15 |
| LEN Lennar Corp. Class A | Reduce -6.6% | 1.17% | −0.14 |
| EGO Eldorado Gold Corp. | Reduce -22.0% | 1.87% | −0.13 |
| PDD PDD Holdings Inc. | Reduce -14.6% | 0.38% | −0.13 |
| ALNY Alnylam Pharmaceuticals Inc. | Reduce -23.0% | 1.24% | −0.11 |
| HCA HCA Healthcare Inc. | Reduce -10.1% | 4.65% | −0.06 |
| SUZ Suzano SA - Spon ADR | Reduce -45.3% | 0.06% | −0.05 |
| GRAB Grab Holdings Ltd. Class A | Sold out | 0.00% | −0.03 |
| YMM Full Truck Alliance -SPN ADR | Reduce -46.4% | 0.02% | −0.03 |
| VIPS Vipshop Holdings Ltd. - ADR | Sold out | 0.00% | −0.02 |
| HUYA Huya Inc.-ADR | Sold out | 0.00% | −0.02 |
| UBS UBS Group AG-Reg | Reduce -9.4% | 2.54% | −0.01 |
| NEM Newmont Corp. | Reduce -17.3% | 0.72% | −0.01 |
| MDB Mongodb Inc. | Sold out | 0.00% | −0.01 |
| BASE Couchbase Inc. | Sold out | 0.00% | −0.01 |
| MOS The Mosaic Co. | Sold out | 0.00% | −0.00 |
| GILD Gilead Sciences Inc. | Sold out | 0.00% | −0.00 |
| BDX Becton Dickinson and Co. | Sold out | 0.00% | −0.00 |
| MDT Medtronic PLC | Sold out | 0.00% | −0.00 |
| ABT Abbott Laboratories | Reduce -41.6% | 0.00% | −0.00 |
| ACIC American Coastal Insurance C | Reduce -18.4% | 0.01% | −0.00 |
| DXCM Dexcom Inc. | Reduce -57.0% | 0.00% | −0.00 |
| RARE Ultragenyx Pharmaceutical Inc. | Sold out | 0.00% | −0.00 |
| STE Steris PLC | Reduce -51.2% | 0.00% | −0.00 |
| MGNI Magnite Inc. | Reduce -59.0% | 0.01% | −0.00 |
| SIBN Si-Bone Inc. | Sold out | 0.00% | −0.00 |
| PRCT Procept Biorobotics Corp. | Sold out | 0.00% | −0.00 |
| ASHR Xtrackers Harvest Csi 300 CH | Sold out | 0.00% | −0.00 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -5.5% | 0.00% | −0.00 |
| SDGR Schrodinger Inc. | Reduce -33.3% | 0.00% | −0.00 |
| GPCR Structure Therapeutics Inc. | Reduce -31.0% | 0.00% | −0.00 |
| VAL Valaris Ltd. | Reduce -9.9% | 0.01% | −0.00 |
| SHLS Shoals Technologies Group -A | Sold out | 0.00% | −0.00 |
| ARRY Array Technologies Inc. | Reduce -31.7% | 0.00% | −0.00 |
| NUVL Nuvalent Inc. Class A | Reduce -11.3% | 0.00% | −0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| AMD Advanced Micro Devices | New | 3.09% | +3.09 |
| WDAY Workday Inc. Class A | New | 2.42% | +2.42 |
| WLK Westlake Corp. | New | 1.94% | +1.94 |
| EAT Brinker International Inc. | New | 1.73% | +1.73 |
| JCI Johnson Controls Internation | Add +12.2% | 4.17% | +1.32 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +7571.8% | 1.08% | +1.07 |
| JNJ Johnson & Johnson | New | 0.72% | +0.72 |
| CRM Salesforce Inc. | Add +89.2% | 1.36% | +0.65 |
| GEV GE Vernova Inc. | Add +43111.4% | 0.56% | +0.56 |
| MU Micron Technology Inc. | Add +8.1% | 1.54% | +0.53 |
| ALLY Ally Financial Inc. | Add +7.7% | 4.23% | +0.52 |
| PHM Pultegroup Inc. | New | 0.50% | +0.50 |
| LSPD Lightspeed Commerce Inc. | Add +3784.7% | 0.42% | +0.41 |
| BKD Brookdale Senior Living Inc. | Add +3.4% | 3.06% | +0.37 |
| PCOR Procore Technologies Inc. | Add +99.9% | 0.42% | +0.22 |
| HDB HDFC Bank Ltd.-ADR | Add +152.7% | 0.31% | +0.21 |
| FMX Fomento Economico Mex-SP ADR | Add +0.3% | 2.95% | +0.14 |
| LYB Lyondellbasell Indu Class A | Add +91.7% | 0.38% | +0.14 |
| SEMR Semrush Holdings Inc. Class A | Add +898.5% | 0.12% | +0.11 |
| GDX Vaneck Gold Miners ETF | New | 0.10% | +0.10 |
| CENX Century Aluminum Company | New | 0.09% | +0.09 |
| BAH Booz Allen Hamilton Holdings | New | 0.05% | +0.05 |
| AZO AutoZone Inc. | New | 0.03% | +0.03 |
| ROKU Roku Inc. | Add +44.5% | 0.02% | +0.01 |
| SABR Sabre Corp. | New | 0.01% | +0.01 |
| CHYM Chime Financial Inc. Class A | New | 0.01% | +0.01 |
| T AT&T Inc. | Add +0.1% | 0.29% | +0.00 |
| LX Lexinfintech Holdings L-ADR | Add +97.2% | 0.01% | +0.00 |
| GBTG Global Business Travel Group | Add +107.8% | 0.01% | +0.00 |
| D Dominion Energy Inc. | Add +239.6% | 0.00% | +0.00 |
| EXC Exelon Corp. | Add +255.4% | 0.00% | +0.00 |
| BRKR Bruker Corp. | Add +33.6% | 0.01% | +0.00 |
| COR Cencora Inc. | New | 0.00% | +0.00 |
| DGX Quest Diagnostics Inc. | Add +24.7% | 0.01% | +0.00 |
| SGMT Sagimet Biosciences Inc. Class A | New | 0.00% | +0.00 |
| HSIC Henry Schein Inc. | New | 0.00% | +0.00 |
| IRTC Irhythm Holdings Inc. | New | 0.00% | +0.00 |
| ORIC Oric Pharmaceuticals Inc. | Add +35.9% | 0.00% | +0.00 |
| QGEN Qiagen N.V. | Add +9.4% | 0.00% | +0.00 |
| MASS 908 Devices Inc. | Add +49.7% | 0.00% | +0.00 |
| CERT Certara Inc. | Add +22.5% | 0.00% | +0.00 |
| CORZ Core Scientific Inc. | New | 0.00% | +0.00 |
| GE General Electric | Add +13.8% | 0.00% | +0.00 |
| NVCR Novocure Ltd. | New | 0.00% | +0.00 |
| HUMA Humacyte Inc. | New | 0.00% | +0.00 |
| WAY Waystar Holding Corp. | New | 0.00% | +0.00 |
| ADSK Autodesk Inc. | Add +13.9% | 0.00% | +0.00 |
| NTRA Natera Inc. | Add +10.6% | 0.00% | +0.00 |
| SQM Quimica Y Minera Chil-SP ADR | New | 0.00% | +0.00 |
| APGE Apogee Therapeutics Inc. | Add +10.2% | 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 |