Asset Value Investors Ltd

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 16, 2025), Asset Value Investors Ltd reported 4 stock positions worth $172.2 million. Its top holding was News Class A (NWSA) at 58.4% of the portfolio, followed by People (PPLI, 27.0%) and Net Lease Office Property (NLOP, 14.1%). Compared with Q4 2024, it sold out of 1, added to 2 and reduced 2. The biggest buy was People (PPLI, shares +9%) and the biggest sale an exit from Fomento Economico Mex-SP ADR (FMX).

Most Recent 13F
Q1 2026
Location
LONDON, X0
CIK
0001870300
Portfolio Value
$172.2M (Q1 2025)
SEC Filing
0001870300-25-000006 ↗ filed Apr 16, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q4 2024: $223.2M Q4 2024 Q1 2025: $172.2M $172.2M Q1 2025 Q2 2025: $136.2M Q2 2025 Q3 2025: $137.6M Q3 2025 Q4 2025: $117.1M Q4 2025 Q1 2026: $99.6M Q1 2026

Holdings 4 stocks · $172.2M
NWSA News Corp. Class A 58.43% 3,696,935 $100.6M Reduce -16.8%
PPLI People Inc. filed as IAC INC 26.98% 1,011,350 $46.5M Add +9.4%
NLOP Net Lease Office Property 14.06% 771,428 $24.2M Add +40.0%
NNI Nelnet Inc. Class A 0.53% 8,280 $916K Reduce -8.8%

Portfolio Sells Q4 2024 → Q1 2025
FMX Fomento Economico Mex-SP ADR Sold out 0.00% −19.17
NNI Nelnet Inc. Class A Reduce -8.8% 0.53% +0.10
NWSA News Corp. Class A Reduce -16.8% 58.43% +3.60

Portfolio Buys Q4 2024 → Q1 2025
PPLI People Inc. Add +9.4% 26.98% +9.12
NLOP Net Lease Office Property Add +40.0% 14.06% +6.35

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q1 2026 2$99.6MNWSA, NNI
Q4 2025 3$117.1MNWSA, NLOP, NNI
Q3 2025 3$137.6MNWSA, NLOP, NNI
Q2 2025 3$136.2MNWSA, NLOP, NNI
Q1 2025 4$172.2MNWSA, PPLI, NLOP, NNI
Q4 2024 5$223.2MNWSA, FMX, PPLI, NLOP, NNI