ANTIPODES PARTNERS Ltd

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 5, 2026), ANTIPODES PARTNERS Ltd reported 126 stock positions worth $5.2 billion. Its top holding was Amazon.com (AMZN) at 4.8% of the portfolio, followed by American Electric Power (AEP, 4.6%) and Microsoft (MSFT, 3.8%). Compared with Q4 2025, it opened 23 new positions, sold out of 24, added to 48 and reduced 47. The biggest buy was a new position in Nvidia (NVDA) and the biggest sale Meta Platforms Class A (META, shares −46%).

Most Recent 13F
Q2 2026
Location
ROYAL EXCHANGE, C3
CIK
0001652442
Portfolio Value
$5.2B (Q1 2026)
SEC Filing
0001652442-26-000004 ↗ filed May 5, 2026

Holdings Value

0$2.0B$4.0B$6.0B Q1 2024: $3.2B Q1 2024 Q2 2024: $2.8B Q2 2024 Q3 2024: $2.9B Q3 2024 Q4 2024: $2.9B Q4 2024 Q1 2025: $3.2B Q1 2025 Q2 2025: $3.2B Q2 2025 Q3 2025: $4.5B Q3 2025 Q4 2025: $4.8B Q4 2025 Q1 2026: $5.2B $5.2B Q1 2026 Q2 2026: $5.5B Q2 2026

Holdings 126 stocks · $5.2B
AMZN Amazon.com Inc. 4.80% 1,196,774 $249.3M Add +22.6%
AEP American Electric Power 4.57% 1,810,086 $237.3M Reduce -1.0%
MSFT Microsoft Corp. 3.79% 531,725 $196.8M Add +27.5%
EXC Exelon Corp. 3.55% 3,763,381 $184.5M Add +2.1%
MRK Merck & Co. Inc. 3.34% 1,441,266 $173.4M Reduce -8.5%
SRE Sempra 3.22% 1,722,592 $167.4M Add +7.6%
FER Ferrovial NV 3.19% 2,593,668 $165.6M Add +7.8%
B Barrick Mining Corp. 3.19% 4,055,535 $165.4M Reduce -9.4%
BKD Brookdale Senior Living Inc. 3.00% 11,406,814 $156.0M Reduce -0.2%
AEE Ameren Corporation 2.69% 1,271,586 $139.8M Add +2.3%
HCA HCA Healthcare Inc. 2.66% 291,452 $137.9M Reduce -1.0%
COF Capital One Financial Corp. 2.62% 746,664 $136.2M Reduce -4.6%
TTE Totalenergies SE 2.57% 1,430,216 $133.3M Add +2.8%
CCI Crown Castle Inc. 2.54% 1,624,180 $132.1M Add +14.0%
HTO H2O America 2.54% 2,249,029 $132.0M Add +485.8%
ETR Entergy Corp. 2.52% 1,162,738 $130.6M Add +2.7%
NVDA Nvidia Corp. 2.39% 710,665 $123.9M New
WTRG Essential Utilities Inc. 2.34% 3,018,815 $121.6M Reduce -7.8%
FMX Fomento Economico Mex-SP ADR 2.13% 996,560 $110.7M Add +3.5%
KEYS Keysight Technologies Inc. 2.06% 378,864 $107.0M Reduce -10.1%
ENB Enbridge Inc. 1.97% 1,895,722 $102.4M Add +0.3%
DUK Duke Energy Corp. 1.96% 777,530 $101.8M Add +0.8%
D Dominion Energy Inc. 1.91% 1,606,387 $99.3M Reduce -9.8%
NI Nisource Inc. 1.88% 2,097,998 $97.9M Add +0.7%
LNG Cheniere Energy Inc. 1.80% 329,733 $93.6M Reduce -11.4%
ALLY Ally Financial Inc. 1.72% 2,281,013 $89.5M Reduce -7.9%
CART Maplebear Inc. 1.70% 2,359,573 $88.4M Add +209.4%
CRM Salesforce Inc. 1.65% 459,046 $85.7M Add +33.0%
EAT Brinker International Inc. 1.61% 586,968 $83.8M Add +0.0%
WDAY Workday Inc. Class A 1.56% 624,311 $81.1M Add +229.2%
EVRG Evergy Inc. 1.55% 983,388 $80.6M Add +3.6%
GMED Globus Medical Inc. Class A 1.49% 897,607 $77.3M Reduce -1.0%
VAL Valaris Ltd. 1.46% 770,992 $75.6M Add +10.9%
AMT American Tower Corp. 1.45% 436,946 $75.4M Add +7.3%
SLB SLB Ltd. filed as SLB LIMITED 1.43% 1,446,935 $74.4M Add +107.4%
VTR Ventas Inc. 1.25% 792,378 $64.8M Reduce -7.5%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.22% 657,521 $63.4M New
KDP Keurig Dr Pepper Inc. 1.19% 2,348,581 $61.8M Reduce -1.7%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 1.16% 4,192,952 $60.3M Add +23.0%
PGR Progressive Corp. 1.12% 294,112 $58.3M New
META Meta Platforms Inc. Class A 1.06% 96,266 $55.1M Reduce -46.3%
ALNY Alnylam Pharmaceuticals Inc. 0.93% 145,310 $48.1M Add +203.4%
HON Honeywell International Inc. 0.70% 161,216 $36.4M Reduce -3.7%
EGO Eldorado Gold Corp. 0.70% 1,052,142 $36.1M Reduce -36.8%
DGX Quest Diagnostics Inc. 0.61% 162,589 $31.9M Reduce -5.5%
ORCL Oracle Corp. 0.60% 212,117 $31.2M Reduce -11.5%
PCOR Procore Technologies Inc. 0.53% 478,746 $27.3M Reduce -44.2%
NEM Newmont Corp. 0.51% 243,496 $26.4M Reduce -25.8%
JNJ Johnson & Johnson 0.48% 101,023 $24.7M Reduce -13.5%
UBS UBS Group AG-Reg 0.43% 587,054 $22.5M Reduce -34.1%
OC Owens Corning 0.38% 184,456 $20.0M New
GLOB Globant SA 0.33% 374,020 $17.2M Add +16.9%
TSM Taiwan Semiconductor-SP ADR 0.27% 41,944 $14.2M Reduce -9.5%
COLD Americold Realty Trust Inc. 0.26% 1,159,803 $13.3M Reduce -55.5%
HDB HDFC Bank Ltd.-ADR 0.21% 431,938 $10.7M Add +38.1%
PDD PDD Holdings Inc. 0.13% 66,765 $6.8M Reduce -32.0%
OTIS Otis Worldwide Corp. 0.09% 61,687 $4.8M Reduce -5.6%
BABA Alibaba Group Holding-SP ADR 0.09% 35,208 $4.4M Reduce -8.6%
HUMA Humacyte Inc. 0.07% 5,723,750 $3.5M Add +49039.3%
ADSK Autodesk Inc. 0.06% 13,458 $3.2M Reduce -25.7%
PSIX Power Solutions Internationa 0.06% 52,877 $3.2M Reduce -76.8%
CHYM Chime Financial Inc. Class A 0.06% 155,818 $2.9M Reduce -75.0%
ROKU Roku Inc. 0.05% 29,447 $2.8M Add +113.4%
BAND Bandwidth Inc. Class A 0.05% 148,905 $2.7M New
SUZ Suzano SA - Spon ADR 0.05% 257,130 $2.6M Add +31.1%
GPCR Structure Therapeutics Inc. 0.04% 45,361 $2.2M Reduce -2.0%
AZO AutoZone Inc. 0.04% 640 $2.2M No change
ALC Alcon Inc. filed as ALCON AG 0.04% 26,559 $2.0M Reduce -0.7%
NAVN Navan Inc. Class A 0.03% 134,305 $1.8M New
ACIC American Coastal Insurance C 0.03% 156,567 $1.8M Add +77.1%
VLRS Controladora Vuela Cia-ADR 0.03% 238,322 $1.7M Add +33.9%
LXU LSB Industries Inc. 0.03% 101,927 $1.5M New
KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC 0.02% 15,577 $1.2M Add +20.2%
FICO Fair Isaac Corp. 0.02% 1,062 $1.1M New
TH Target Hospitality Corp. 0.02% 121,912 $1.1M New
SDRL Seadrill Limited 0.02% 24,830 $1.1M New
XYZ Block Inc. 0.02% 15,468 $931K New
BRKR Bruker Corp. 0.02% 23,313 $842K Add +77.3%
SDGR Schrodinger Inc. 0.01% 56,989 $647K Add +397.1%
STNE Stoneco Ltd. Class A 0.01% 45,575 $644K New
DAVA Endava PLC- Spon ADR 0.01% 132,101 $584K New
LZ Legalzoomcom Inc. 0.01% 80,268 $455K New
FRMI Fermi Inc. 0.01% 75,874 $443K Add +30.5%
CLPR Clipper Realty Inc. 0.01% 125,668 $380K Add +138.2%
CERT Certara Inc. 0.01% 61,132 $348K Add +2691.4%
TDW Tidewater Inc. 0.00% 2,889 $241K Reduce -47.3%
IMNM Immunome Inc. 0.00% 7,818 $171K Reduce -11.5%
JCI Johnson Controls Internation 0.00% 1,058 $139K Reduce -39.5%
STE Steris PLC 0.00% 612 $135K Add +73.9%
SYK Stryker Corp. 0.00% 362 $119K Add +25.7%
VNET Vnet Group Inc.-ADR 0.00% 13,915 $117K New
WAT Waters Corp. 0.00% 370 $110K Add +111.4%
COR Cencora Inc. 0.00% 333 $105K Add +35.9%
AVA Avista Corp. 0.00% 2,388 $96K No change
MYRG MYR Group Inc./Delaware 0.00% 311 $88K No change
QGEN Qiagen N.V. 0.00% 1,989 $80K Add +21.5%
GILD Gilead Sciences Inc. 0.00% 557 $78K No change
IRTC Irhythm Holdings Inc. 0.00% 655 $77K Add +246.6%
IR Ingersoll-Rand Inc. 0.00% 944 $76K Add +88.0%
REGN Regeneron Pharmaceuticals 0.00% 97 $75K No change
BSX Boston Scientific Corp. 0.00% 1,128 $71K New
SIBN Si-Bone Inc. 0.00% 5,564 $70K Add +278.5%
TEVA Teva Pharmaceutical-SP ADR 0.00% 2,234 $67K Add +7.1%
ORA Ormat Technologies Inc. 0.00% 540 $60K New
VRTX Vertex Pharmaceuticals Inc. 0.00% 127 $57K No change
NTRA Natera Inc. 0.00% 280 $56K Reduce -15.2%
KWEB Kranesh Csi China Internet 0.00% 2,206 $49K New
GE General Electric filed as GE AEROSPACE 0.00% 141 $40K No change
TARS Tarsus Pharmaceuticals Inc. 0.00% 555 $39K New
ARGX Argenx SE - ADR 0.00% 50 $37K Reduce -74.5%
DXCM Dexcom Inc. 0.00% 554 $35K Reduce -35.4%
TNGX Tango Therapeutics Inc. 0.00% 1,622 $34K Reduce -64.1%
IDYA Ideaya Biosciences Inc. 0.00% 917 $31K Reduce -20.3%
DNTH Dianthus Therapeutics Inc. 0.00% 364 $31K Reduce -20.7%
IRON Disc Medicine Inc. 0.00% 476 $30K Add +13.6%
NUVL Nuvalent Inc. Class A 0.00% 275 $28K Reduce -29.7%
MASS 908 Devices Inc. 0.00% 4,402 $27K Reduce -13.6%
ATAI Ataibeckley Inc. 0.00% 7,529 $27K Add +6.3%
TERN Terns Pharmaceuticals Inc. 0.00% 455 $24K New
RLMD Relmada Therapeutics Inc. 0.00% 3,035 $21K New
VRDN Viridian Therapeutics Inc. 0.00% 834 $16K Reduce -27.5%
ORIC Oric Pharmaceuticals Inc. 0.00% 1,278 $16K Reduce -46.7%
BIOA Bioage Labs Inc. 0.00% 915 $16K New
CABA Cabaletta Bio Inc. 0.00% 5,616 $15K Reduce -67.3%
SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE 0.00% 182 $15K No change
ANL Adlai Nortye Group Ltd. 0.00% 2,051 $14K New

Portfolio Sells Q4 2025 → Q1 2026
META Meta Platforms Inc. Class A Reduce -46.3% 1.06% −1.42
COF Capital One Financial Corp. Reduce -4.6% 2.62% −1.36
AMD Advanced Micro Devices Sold out 0.00% −1.32
B Barrick Mining Corp. Reduce -9.4% 3.19% −0.91
PCOR Procore Technologies Inc. Reduce -44.2% 0.53% −0.78
LEN Lennar Corp. Class A Sold out 0.00% −0.72
WLK Westlake Corp. Sold out 0.00% −0.65
ALLY Ally Financial Inc. Reduce -7.9% 1.72% −0.64
EGO Eldorado Gold Corp. Reduce -36.8% 0.70% −0.56
COLD Americold Realty Trust Inc. Reduce -55.5% 0.26% −0.45
UBS UBS Group AG-Reg Reduce -34.1% 0.43% −0.44
ORCL Oracle Corp. Reduce -11.5% 0.60% −0.38
CENX Century Aluminum Company Sold out 0.00% −0.35
WTRG Essential Utilities Inc. Reduce -7.8% 2.34% −0.30
D Dominion Energy Inc. Reduce -9.8% 1.91% −0.28
CHYM Chime Financial Inc. Class A Reduce -75.0% 0.06% −0.27
LSPD Lightspeed Commerce Inc. Sold out 0.00% −0.26
HCA HCA Healthcare Inc. Reduce -1.0% 2.66% −0.23
KDP Keurig Dr Pepper Inc. Reduce -1.7% 1.19% −0.21
KO The Coca-Cola Co. Sold out 0.00% −0.21
PSIX Power Solutions Internationa Reduce -76.8% 0.06% −0.21
NEM Newmont Corp. Reduce -25.8% 0.51% −0.18
GMED Globus Medical Inc. Class A Reduce -1.0% 1.49% −0.17
NE Noble Corp. PLC Sold out 0.00% −0.15
MRK Merck & Co. Inc. Reduce -8.5% 3.34% −0.14
VTR Ventas Inc. Reduce -7.5% 1.25% −0.14
PDD PDD Holdings Inc. Reduce -32.0% 0.13% −0.10
ADSK Autodesk Inc. Reduce -25.7% 0.06% −0.05
ASHR Xtrackers Harvest Csi 300 CH Sold out 0.00% −0.04
BABA Alibaba Group Holding-SP ADR Reduce -8.6% 0.09% −0.03
JNJ Johnson & Johnson Reduce -13.5% 0.48% −0.03
OTIS Otis Worldwide Corp. Reduce -5.6% 0.09% −0.03
GPCR Structure Therapeutics Inc. Reduce -2.0% 0.04% −0.03
TSM Taiwan Semiconductor-SP ADR Reduce -9.5% 0.27% −0.02
GTLB Gitlab Inc. Class A Sold out 0.00% −0.02
DGX Quest Diagnostics Inc. Reduce -5.5% 0.61% −0.01
MGNI Magnite Inc. Sold out 0.00% −0.01
SG Sweetgreen Inc. Class A Sold out 0.00% −0.01
MNDY Monday.com Ltd. Sold out 0.00% −0.01
ALC Alcon Inc. Reduce -0.7% 0.04% −0.01
LINE Lineage Inc. Sold out 0.00% −0.00
ARGX Argenx SE - ADR Reduce -74.5% 0.00% −0.00
JCI Johnson Controls Internation Reduce -39.5% 0.00% −0.00
TMO Thermo Fisher Scientific Inc. Sold out 0.00% −0.00
ESTA Establishment Labs Holdings Sold out 0.00% −0.00
MDT Medtronic PLC Sold out 0.00% −0.00
FOLD Amicus Therapeutics Inc. Sold out 0.00% −0.00
TDW Tidewater Inc. Reduce -47.3% 0.00% −0.00
APGE Apogee Therapeutics Inc. Sold out 0.00% −0.00
NOVT Novanta Inc. Sold out 0.00% −0.00

Portfolio Buys Q4 2025 → Q1 2026
NVDA Nvidia Corp. New 2.39% +2.39
HTO H2O America Add +485.8% 2.54% +2.15
DIS The Walt Disney Co. New 1.22% +1.22
PGR Progressive Corp. New 1.12% +1.12
CART Maplebear Inc. Add +209.4% 1.70% +0.98
SLB SLB Ltd. Add +107.4% 1.43% +0.87
VAL Valaris Ltd. Add +10.9% 1.46% +0.72
WDAY Workday Inc. Class A Add +229.2% 1.56% +0.71
TTE Totalenergies SE Add +2.8% 2.57% +0.66
ALNY Alnylam Pharmaceuticals Inc. Add +203.4% 0.93% +0.53
OC Owens Corning New 0.38% +0.38
ETR Entergy Corp. Add +2.7% 2.52% +0.32
SRE Sempra Add +7.6% 3.22% +0.25
EXC Exelon Corp. Add +2.1% 3.55% +0.18
EVRG Evergy Inc. Add +3.6% 1.55% +0.11
FMX Fomento Economico Mex-SP ADR Add +3.5% 2.13% +0.09
AEE Ameren Corporation Add +2.3% 2.69% +0.08
ENB Enbridge Inc. Add +0.3% 1.97% +0.07
AMZN Amazon.com Inc. Add +22.6% 4.80% +0.07
HUMA Humacyte Inc. Add +49039.3% 0.07% +0.07
DUK Duke Energy Corp. Add +0.8% 1.96% +0.06
NI Nisource Inc. Add +0.7% 1.88% +0.06
BAND Bandwidth Inc. Class A New 0.05% +0.05
NAVN Navan Inc. Class A New 0.03% +0.03
LXU LSB Industries Inc. New 0.03% +0.03
ROKU Roku Inc. Add +113.4% 0.05% +0.02
FICO Fair Isaac Corp. New 0.02% +0.02
TH Target Hospitality Corp. New 0.02% +0.02
SDRL Seadrill Limited New 0.02% +0.02
XYZ Block Inc. New 0.02% +0.02
STNE Stoneco Ltd. Class A New 0.01% +0.01
DAVA Endava PLC- Spon ADR New 0.01% +0.01
SUZ Suzano SA - Spon ADR Add +31.1% 0.05% +0.01
ACIC American Coastal Insurance C Add +77.1% 0.03% +0.01
LZ Legalzoomcom Inc. New 0.01% +0.01
SDGR Schrodinger Inc. Add +397.1% 0.01% +0.01
CERT Certara Inc. Add +2691.4% 0.01% +0.01
BRKR Bruker Corp. Add +77.3% 0.02% +0.00
CLPR Clipper Realty Inc. Add +138.2% 0.01% +0.00
VNET Vnet Group Inc.-ADR New 0.00% +0.00
BSX Boston Scientific Corp. New 0.00% +0.00
ORA Ormat Technologies Inc. New 0.00% +0.00
KSPI JSC Kaspi.kz ADR Add +20.2% 0.02% +0.00
KWEB Kranesh Csi China Internet New 0.00% +0.00
IRTC Irhythm Holdings Inc. Add +246.6% 0.00% +0.00
SIBN Si-Bone Inc. Add +278.5% 0.00% +0.00
TARS Tarsus Pharmaceuticals Inc. New 0.00% +0.00
WAT Waters Corp. Add +111.4% 0.00% +0.00
STE Steris PLC Add +73.9% 0.00% +0.00
IR Ingersoll-Rand Inc. Add +88.0% 0.00% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 130$5.5BAMZN, AEP, COF, NVDA, EXC
Q1 2026 126$5.2BAMZN, AEP, MSFT, EXC, MRK
Q4 2025 127$4.8BAMZN, AEP, MSFT, B, COF
Q3 2025 115$4.5BAEP, B, FER, EXC, MSFT
Q2 2025 105$3.2BMSFT, GOOGL, COF, AMZN, B
Q1 2025 102$3.2BB, COF, MSFT, GOOGL, MRK
Q4 2024 78$2.9BGOOGL, MSFT, COF, MRK, B
Q3 2024 84$2.9BB, AMZN, MRK, ORCL, COF
Q2 2024 78$2.8BMRK, ORCL, AMZN, MSFT, B
Q1 2024 69$3.2BMRK, ORCL, MSFT, OXY, AMZN