ANTIPODES PARTNERS Ltd
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 5, 2026), ANTIPODES PARTNERS Ltd reported 127 stock positions worth $4.8 billion. Its top holding was Amazon.com (AMZN) at 4.7% of the portfolio, followed by American Electric Power (AEP, 4.4%) and Microsoft (MSFT, 4.2%). Compared with Q3 2025, it opened 30 new positions, sold out of 18, added to 46 and reduced 42. The biggest buy was a new position in Meta Platforms Class A (META) and the biggest sale an exit from Alphabet Class A (GOOGL).
- Most Recent 13F
- Q2 2026
- Location
- ROYAL EXCHANGE, C3
- CIK
- 0001652442
- Portfolio Value
- $4.8B (Q4 2025)
- SEC Filing
- 0001652442-26-000002 ↗ filed Feb 5, 2026
Holdings Value
Holdings 127 stocks · $4.8B
| AMZN Amazon.com Inc. | 4.73% | 976,324 | $225.4M | Add +44.5% |
| AEP American Electric Power | 4.43% | 1,828,970 | $210.9M | Reduce -15.9% |
| MSFT Microsoft Corp. | 4.23% | 416,915 | $201.6M | Add +38.8% |
| B Barrick Mining Corp. | 4.09% | 4,475,725 | $194.9M | Reduce -20.5% |
| COF Capital One Financial Corp. | 3.98% | 782,667 | $189.7M | Add +12.4% |
| MRK Merck & Co. Inc. | 3.48% | 1,575,811 | $165.9M | Reduce -5.7% |
| EXC Exelon Corp. | 3.37% | 3,684,480 | $160.6M | Add +3.6% |
| FER Ferrovial NV | 3.28% | 2,406,448 | $156.4M | Reduce -21.6% |
| SRE Sempra | 2.97% | 1,601,585 | $141.4M | Reduce -4.5% |
| HCA HCA Healthcare Inc. | 2.89% | 294,520 | $137.5M | Reduce -18.7% |
| CCI Crown Castle Inc. | 2.66% | 1,424,462 | $126.6M | Add +12.9% |
| WTRG Essential Utilities Inc. | 2.64% | 3,274,915 | $125.6M | Add +2.0% |
| AEE Ameren Corporation | 2.61% | 1,243,491 | $124.2M | Reduce -9.3% |
| BKD Brookdale Senior Living Inc. | 2.59% | 11,428,834 | $123.3M | Reduce -5.5% |
| META Meta Platforms Inc. Class A | 2.48% | 179,243 | $118.3M | New |
| ALLY Ally Financial Inc. | 2.36% | 2,477,112 | $112.6M | Reduce -3.7% |
| ETR Entergy Corp. | 2.20% | 1,132,165 | $104.7M | Reduce -2.3% |
| D Dominion Energy Inc. | 2.19% | 1,779,898 | $104.3M | Add +2.6% |
| FMX Fomento Economico Mex-SP ADR | 2.04% | 962,690 | $97.3M | Reduce -15.9% |
| CRM Salesforce Inc. | 1.92% | 345,036 | $91.4M | Add +175.1% |
| TTE Totalenergies SE | 1.91% | 1,390,929 | $90.8M | New |
| ENB Enbridge Inc. | 1.90% | 1,891,021 | $90.6M | Add +7.9% |
| DUK Duke Energy Corp. | 1.90% | 770,972 | $90.4M | Add +10.6% |
| NI Nisource Inc. | 1.83% | 2,083,217 | $87.0M | Add +7.3% |
| KEYS Keysight Technologies Inc. | 1.80% | 421,464 | $85.6M | Reduce -6.4% |
| EAT Brinker International Inc. | 1.77% | 586,808 | $84.2M | Add +47.9% |
| GMED Globus Medical Inc. Class A | 1.66% | 906,833 | $79.2M | Add +1.8% |
| LNG Cheniere Energy Inc. | 1.52% | 372,196 | $72.4M | Add +39.1% |
| AMT American Tower Corp. | 1.50% | 407,157 | $71.5M | Add +14.8% |
| EVRG Evergy Inc. | 1.45% | 949,233 | $68.8M | Reduce -0.9% |
| KDP Keurig Dr Pepper Inc. | 1.40% | 2,388,205 | $66.9M | Add +82.4% |
| VTR Ventas Inc. | 1.39% | 856,972 | $66.3M | Reduce -22.1% |
| AMD Advanced Micro Devices | 1.32% | 293,078 | $62.8M | Reduce -57.9% |
| PCOR Procore Technologies Inc. | 1.31% | 857,811 | $62.4M | Add +0.8% |
| EGO Eldorado Gold Corp. | 1.26% | 1,665,370 | $59.8M | Reduce -26.8% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 1.20% | 3,407,926 | $57.1M | Reduce -2.4% |
| ORCL Oracle Corp. | 0.98% | 239,691 | $46.7M | New |
| UBS UBS Group AG-Reg | 0.87% | 890,432 | $41.5M | Reduce -18.3% |
| WDAY Workday Inc. Class A | 0.86% | 189,658 | $40.7M | Add +34.0% |
| VAL Valaris Ltd. | 0.74% | 695,005 | $35.0M | Add +19.8% |
| LEN Lennar Corp. Class A | 0.72% | 335,039 | $34.4M | Add +9.2% |
| CART Maplebear Inc. | 0.72% | 762,626 | $34.3M | Add +6623.9% |
| COLD Americold Realty Trust Inc. | 0.70% | 2,606,178 | $33.5M | New |
| HON Honeywell International Inc. | 0.69% | 167,395 | $32.9M | Add +1004.6% |
| NEM Newmont Corp. | 0.69% | 328,189 | $32.8M | Reduce -29.5% |
| WLK Westlake Corp. | 0.65% | 416,520 | $30.8M | Reduce -25.1% |
| DGX Quest Diagnostics Inc. | 0.63% | 171,987 | $29.8M | Add +178.7% |
| SLB SLB Ltd. filed as SLB LIMITED | 0.56% | 697,752 | $26.8M | New |
| JNJ Johnson & Johnson | 0.51% | 116,806 | $24.2M | Reduce -25.1% |
| GLOB Globant SA | 0.44% | 319,902 | $20.9M | New |
| ALNY Alnylam Pharmaceuticals Inc. | 0.40% | 47,886 | $19.0M | Add +49.9% |
| HTO H2O America | 0.39% | 383,905 | $18.8M | New |
| CENX Century Aluminum Company | 0.35% | 423,789 | $16.6M | New |
| CHYM Chime Financial Inc. Class A | 0.33% | 622,165 | $15.7M | Add +11417.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.30% | 46,362 | $14.1M | Reduce -33.7% |
| PSIX Power Solutions Internationa | 0.27% | 228,413 | $13.1M | New |
| LSPD Lightspeed Commerce Inc. | 0.26% | 1,024,963 | $12.4M | Reduce -0.6% |
| HDB HDFC Bank Ltd.-ADR | 0.24% | 312,679 | $11.4M | Add +11.1% |
| PDD PDD Holdings Inc. | 0.23% | 98,144 | $11.1M | Reduce -3.7% |
| KO The Coca-Cola Co. | 0.21% | 145,423 | $10.2M | Reduce -10.5% |
| NE Noble Corp. PLC | 0.15% | 257,244 | $7.3M | Add +39.7% |
| OTIS Otis Worldwide Corp. | 0.12% | 65,351 | $5.7M | Reduce -8.4% |
| BABA Alibaba Group Holding-SP ADR | 0.12% | 38,517 | $5.6M | Reduce -11.5% |
| ADSK Autodesk Inc. | 0.11% | 18,107 | $5.4M | Reduce -24.8% |
| GPCR Structure Therapeutics Inc. | 0.07% | 46,291 | $3.2M | Add +1035.1% |
| AZO AutoZone Inc. | 0.05% | 640 | $2.2M | No change |
| ALC Alcon Inc. filed as ALCON AG | 0.04% | 26,749 | $2.1M | Reduce -95.9% |
| ASHR Xtrackers Harvest Csi 300 CH | 0.04% | 56,694 | $1.9M | Add +367.5% |
| SUZ Suzano SA - Spon ADR | 0.04% | 196,114 | $1.8M | Reduce -1.0% |
| VLRS Controladora Vuela Cia-ADR | 0.03% | 177,945 | $1.6M | Add +295.7% |
| ROKU Roku Inc. | 0.03% | 13,801 | $1.5M | Add +75.9% |
| ACIC American Coastal Insurance C | 0.02% | 88,385 | $1.1M | Add +41.8% |
| GTLB Gitlab Inc. Class A | 0.02% | 27,433 | $1.0M | New |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 0.02% | 12,955 | $1.0M | Add +30.5% |
| BRKR Bruker Corp. | 0.01% | 13,150 | $620K | Add +61.0% |
| FRMI Fermi Inc. | 0.01% | 58,160 | $465K | New |
| MGNI Magnite Inc. | 0.01% | 24,831 | $403K | New |
| MNDY Monday.com Ltd. | 0.01% | 2,381 | $351K | Add +82.7% |
| SG Sweetgreen Inc. Class A | 0.01% | 51,873 | $351K | New |
| TDW Tidewater Inc. | 0.01% | 5,485 | $277K | Add +63.1% |
| LINE Lineage Inc. | 0.00% | 6,729 | $236K | New |
| JCI Johnson Controls Internation | 0.00% | 1,748 | $209K | Reduce -99.8% |
| SDGR Schrodinger Inc. | 0.00% | 11,464 | $205K | Add +133.4% |
| CLPR Clipper Realty Inc. | 0.00% | 52,758 | $202K | New |
| IMNM Immunome Inc. | 0.00% | 8,834 | $190K | Reduce -18.9% |
| ARGX Argenx SE - ADR | 0.00% | 196 | $165K | Reduce -31.7% |
| SYK Stryker Corp. | 0.00% | 288 | $101K | Add +216.5% |
| AVA Avista Corp. | 0.00% | 2,388 | $92K | New |
| STE Steris PLC | 0.00% | 352 | $89K | No change |
| COR Cencora Inc. | 0.00% | 245 | $83K | Reduce -7.9% |
| QGEN Qiagen N.V. | 0.00% | 1,637 | $77K | New |
| TMO Thermo Fisher Scientific Inc. | 0.00% | 131 | $76K | Add +33.7% |
| NTRA Natera Inc. | 0.00% | 330 | $76K | No change |
| REGN Regeneron Pharmaceuticals | 0.00% | 97 | $75K | New |
| ESTA Establishment Labs Holdings | 0.00% | 969 | $71K | Reduce -25.9% |
| MDT Medtronic PLC | 0.00% | 730 | $70K | New |
| GILD Gilead Sciences Inc. | 0.00% | 557 | $68K | New |
| MYRG MYR Group Inc./Delaware | 0.00% | 311 | $68K | Add +3.3% |
| WAT Waters Corp. | 0.00% | 175 | $66K | Add +98.9% |
| TEVA Teva Pharmaceutical-SP ADR | 0.00% | 2,086 | $65K | New |
Portfolio Sells Q3 2025 → Q4 2025
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −3.44 |
| JCI Johnson Controls Internation | Reduce -99.8% | 0.00% | −1.77 |
| AMD Advanced Micro Devices | Reduce -57.9% | 1.32% | −1.21 |
| AEP American Electric Power | Reduce -15.9% | 4.43% | −1.06 |
| ALC Alcon Inc. | Reduce -95.9% | 0.04% | −1.05 |
| EQT Eqt Corp. | Sold out | 0.00% | −0.72 |
| FER Ferrovial NV | Reduce -21.6% | 3.28% | −0.66 |
| AEE Ameren Corporation | Reduce -9.3% | 2.61% | −0.60 |
| HCA HCA Healthcare Inc. | Reduce -18.7% | 2.89% | −0.58 |
| FMX Fomento Economico Mex-SP ADR | Reduce -15.9% | 2.04% | −0.49 |
| FLUT Flutter Entertainment PLC-Di | Sold out | 0.00% | −0.46 |
| SRE Sempra | Reduce -4.5% | 2.97% | −0.42 |
| OXY Occidental Petroleum Corp. | Sold out | 0.00% | −0.38 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.37 |
| VTR Ventas Inc. | Reduce -22.1% | 1.39% | −0.34 |
| WLK Westlake Corp. | Reduce -25.1% | 0.65% | −0.31 |
| FLNC Fluence Energy Inc. | Sold out | 0.00% | −0.26 |
| LYB Lyondellbasell Indu Class A | Sold out | 0.00% | −0.26 |
| ETR Entergy Corp. | Reduce -2.3% | 2.20% | −0.23 |
| EGO Eldorado Gold Corp. | Reduce -26.8% | 1.26% | −0.22 |
| NEM Newmont Corp. | Reduce -29.5% | 0.69% | −0.19 |
| EVRG Evergy Inc. | Reduce -0.9% | 1.45% | −0.19 |
| SOC Sable Offshore Corp. | Sold out | 0.00% | −0.15 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -33.7% | 0.30% | −0.14 |
| JNJ Johnson & Johnson | Reduce -25.1% | 0.51% | −0.14 |
| UBS UBS Group AG-Reg | Reduce -18.3% | 0.87% | −0.13 |
| SEMR Semrush Holdings Inc. Class A | Sold out | 0.00% | −0.07 |
| PDD PDD Holdings Inc. | Reduce -3.7% | 0.23% | −0.07 |
| ADSK Autodesk Inc. | Reduce -24.8% | 0.11% | −0.06 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -2.4% | 1.20% | −0.06 |
| BABA Alibaba Group Holding-SP ADR | Reduce -11.5% | 0.12% | −0.06 |
| B Barrick Mining Corp. | Reduce -20.5% | 4.09% | −0.04 |
| KO The Coca-Cola Co. | Reduce -10.5% | 0.21% | −0.03 |
| OTIS Otis Worldwide Corp. | Reduce -8.4% | 0.12% | −0.03 |
| LX Lexinfintech Holdings L-ADR | Sold out | 0.00% | −0.01 |
| LSPD Lightspeed Commerce Inc. | Reduce -0.6% | 0.26% | −0.01 |
| CFLT Confluent Inc. Class A | Sold out | 0.00% | −0.01 |
| PUBM Pubmatic Inc. Class A | Sold out | 0.00% | −0.00 |
| SUZ Suzano SA - Spon ADR | Reduce -1.0% | 0.04% | −0.00 |
| CERT Certara Inc. | Reduce -82.2% | 0.00% | −0.00 |
| ABT Abbott Laboratories | Sold out | 0.00% | −0.00 |
| RIG Transocean Ltd. | Sold out | 0.00% | −0.00 |
| QGEN Qiagen N.V. | Sold out | 0.00% | −0.00 |
| ARGX Argenx SE - ADR | Reduce -31.7% | 0.00% | −0.00 |
| DXCM Dexcom Inc. | Reduce -46.9% | 0.00% | −0.00 |
| HSIC Henry Schein Inc. | Sold out | 0.00% | −0.00 |
| WAY Waystar Holding Corp. | Sold out | 0.00% | −0.00 |
| DHR Danaher Corp. | Sold out | 0.00% | −0.00 |
| JANX Janux Therapeutics Inc. | Reduce -46.4% | 0.00% | −0.00 |
| MASS 908 Devices Inc. | Reduce -2.5% | 0.00% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| META Meta Platforms Inc. Class A | New | 2.48% | +2.48 |
| TTE Totalenergies SE | New | 1.91% | +1.91 |
| AMZN Amazon.com Inc. | Add +44.5% | 4.73% | +1.40 |
| CRM Salesforce Inc. | Add +175.1% | 1.92% | +1.25 |
| ORCL Oracle Corp. | New | 0.98% | +0.98 |
| MSFT Microsoft Corp. | Add +38.8% | 4.23% | +0.74 |
| CART Maplebear Inc. | Add +6623.9% | 0.72% | +0.71 |
| COLD Americold Realty Trust Inc. | New | 0.70% | +0.70 |
| COF Capital One Financial Corp. | Add +12.4% | 3.98% | +0.66 |
| KDP Keurig Dr Pepper Inc. | Add +82.4% | 1.40% | +0.66 |
| EAT Brinker International Inc. | Add +47.9% | 1.77% | +0.64 |
| HON Honeywell International Inc. | Add +1004.6% | 0.69% | +0.62 |
| SLB SLB Ltd. | New | 0.56% | +0.56 |
| GMED Globus Medical Inc. Class A | Add +1.8% | 1.66% | +0.52 |
| GLOB Globant SA | New | 0.44% | +0.44 |
| HTO H2O America | New | 0.39% | +0.39 |
| DGX Quest Diagnostics Inc. | Add +178.7% | 0.63% | +0.36 |
| CENX Century Aluminum Company | New | 0.35% | +0.35 |
| CHYM Chime Financial Inc. Class A | Add +11417.3% | 0.33% | +0.33 |
| PSIX Power Solutions Internationa | New | 0.27% | +0.27 |
| LNG Cheniere Energy Inc. | Add +39.1% | 1.52% | +0.11 |
| VAL Valaris Ltd. | Add +19.8% | 0.74% | +0.10 |
| WDAY Workday Inc. Class A | Add +34.0% | 0.86% | +0.09 |
| ALNY Alnylam Pharmaceuticals Inc. | Add +49.9% | 0.40% | +0.07 |
| GPCR Structure Therapeutics Inc. | Add +1035.1% | 0.07% | +0.07 |
| NE Noble Corp. PLC | Add +39.7% | 0.15% | +0.04 |
| VLRS Controladora Vuela Cia-ADR | Add +295.7% | 0.03% | +0.03 |
| HDB HDFC Bank Ltd.-ADR | Add +11.1% | 0.24% | +0.02 |
| GTLB Gitlab Inc. Class A | New | 0.02% | +0.02 |
| ROKU Roku Inc. | Add +75.9% | 0.03% | +0.01 |
| FRMI Fermi Inc. | New | 0.01% | +0.01 |
| MGNI Magnite Inc. | New | 0.01% | +0.01 |
| ACIC American Coastal Insurance C | Add +41.8% | 0.02% | +0.01 |
| SG Sweetgreen Inc. Class A | New | 0.01% | +0.01 |
| BRKR Bruker Corp. | Add +61.0% | 0.01% | +0.01 |
| ASHR Xtrackers Harvest Csi 300 CH | Add +367.5% | 0.04% | +0.01 |
| LINE Lineage Inc. | New | 0.00% | +0.00 |
| CLPR Clipper Realty Inc. | New | 0.00% | +0.00 |
| KSPI JSC Kaspi.kz ADR | Add +30.5% | 0.02% | +0.00 |
| SDGR Schrodinger Inc. | Add +133.4% | 0.00% | +0.00 |
| AVA Avista Corp. | New | 0.00% | +0.00 |
| TDW Tidewater Inc. | Add +63.1% | 0.01% | +0.00 |
| MNDY Monday.com Ltd. | Add +82.7% | 0.01% | +0.00 |
| REGN Regeneron Pharmaceuticals | New | 0.00% | +0.00 |
| QGEN Qiagen N.V. | New | 0.00% | +0.00 |
| MDT Medtronic PLC | New | 0.00% | +0.00 |
| GILD Gilead Sciences Inc. | New | 0.00% | +0.00 |
| SYK Stryker Corp. | Add +216.5% | 0.00% | +0.00 |
| TEVA Teva Pharmaceutical-SP ADR | New | 0.00% | +0.00 |
| VRTX Vertex Pharmaceuticals Inc. | New | 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 |