Contrarius Investment Management Ltd
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 10, 2024), Contrarius Investment Management Ltd reported 49 stock positions worth $1.7 billion. Its top holding was Paramount Global Class B (PARAA) at 9.0% of the portfolio, followed by Tesla (TSLA, 8.8%) and Warner Bros Discovery (WBD, 8.5%). Compared with Q4 2023, it opened 7 new positions, sold out of 12, added to 15 and reduced 26. The biggest buy was Jd.com Inc.-ADR (JD, shares +853%) and the biggest sale an exit from Snap Class A (SNAP).
- Most Recent 13F
- Q3 2024
- Location
- St. Helier, Y9
- CIK
- 0001483738
- Portfolio Value
- $1.7B (Q1 2024)
- SEC Filing
- 0001999371-24-005896 ↗ filed May 10, 2024
Holdings Value
Holdings 49 stocks · $1.7B
| PARAA Paramount Global Class B | 9.02% | 13,255,061 | $156.0M | Add +17.9% |
| TSLA Tesla Inc. | 8.78% | 863,474 | $151.8M | Add +71.0% |
| WBD Warner Bros Discovery Inc. | 8.48% | 16,807,098 | $146.7M | Add +22.8% |
| META Meta Platforms Inc. Class A | 8.33% | 296,879 | $144.2M | Add +8.6% |
| JD Jd.com Inc.-ADR | 4.90% | 3,094,418 | $84.8M | Add +852.7% |
| BIDU Baidu Inc. - Spon ADR | 4.75% | 780,529 | $82.2M | Add +32.9% |
| AMZN Amazon.com Inc. | 4.50% | 431,658 | $77.9M | Reduce -34.0% |
| BABA Alibaba Group Holding-SP ADR | 4.49% | 1,073,495 | $77.7M | Reduce -2.2% |
| XYZ Block Inc. | 4.29% | 878,376 | $74.3M | Add +792.5% |
| ZM Zoom Communications Inc. filed as ZOOM VIDEO COMMUNICATIONS IN | 4.28% | 1,131,237 | $73.9M | Reduce -2.9% |
| ABNB Airbnb Inc. Class A | 4.00% | 419,537 | $69.2M | New |
| FOX Fox Corp. Class B | 3.64% | 2,198,294 | $62.9M | New |
| COIN Coinbase Global Inc. Class A | 3.50% | 228,088 | $60.5M | Reduce -27.8% |
| DKNG Draftkings Inc. Class A | 3.33% | 1,267,885 | $57.6M | Reduce -32.6% |
| CRSP Crispr Therapeutics AG | 2.62% | 666,000 | $45.4M | Add +264.1% |
| QVCG QVC Group Inc. filed as QURATE RETAIL INC | 2.51% | 35,250,650 | $43.4M | No change |
| NTLA Intellia Therapeutics Inc. | 2.15% | 1,350,531 | $37.2M | Add +529.9% |
| U Unity Software Inc. | 1.41% | 913,681 | $24.4M | New |
| DO Diamond Offshore Drilling Inc. | 1.37% | 1,742,809 | $23.8M | Reduce -9.2% |
| VAL Valaris Ltd. | 1.21% | 277,673 | $20.9M | Reduce -20.1% |
| SDRL Seadrill Limited | 1.18% | 404,344 | $20.3M | Reduce -6.5% |
| SE Sea Ltd.-ADR | 1.06% | 342,389 | $18.4M | Reduce -16.7% |
| PENN Penn Entertainment Inc. | 0.96% | 908,511 | $16.5M | Add +1.8% |
| NE Noble Corp. PLC | 0.96% | 340,779 | $16.5M | Reduce -2.6% |
| APP AppLovin Corp. Class A | 0.84% | 210,492 | $14.6M | Add +14.4% |
| PYPL PayPal Holdings Inc. | 0.83% | 214,091 | $14.3M | New |
| NBR Nabors Industries Ltd. | 0.66% | 131,700 | $11.3M | Reduce -6.3% |
| PINS Pinterest Inc. Class A | 0.58% | 289,316 | $10.0M | Reduce -83.2% |
| TCOM Trip.com Group Ltd.-ADR | 0.46% | 180,813 | $7.9M | New |
| RIG Transocean Ltd. | 0.44% | 1,225,549 | $7.7M | Reduce -57.0% |
| TRIP Tripadvisor Inc. | 0.41% | 255,211 | $7.1M | Reduce -44.3% |
| GOOGL Alphabet Inc. Class A | 0.40% | 46,402 | $7.0M | Add +0.5% |
| CZR Caesars Entertainment Inc. | 0.34% | 133,081 | $5.8M | Reduce -52.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.27% | 37,503 | $4.6M | New |
| DBX Dropbox Inc. Class A | 0.25% | 177,038 | $4.3M | New |
| RRC Range Resources Corp. | 0.24% | 118,974 | $4.1M | Add +18.3% |
| PM Philip Morris International | 0.24% | 44,535 | $4.1M | Reduce -2.4% |
| ROKU Roku Inc. | 0.23% | 60,718 | $4.0M | Add +257.0% |
| DASH DoorDash Inc. Class A | 0.23% | 28,603 | $3.9M | Reduce -23.4% |
| B Barrick Gold Corp. | 0.23% | 235,381 | $3.9M | Add +66.3% |
| DOCU Docusign Inc. | 0.22% | 63,484 | $3.8M | Reduce -94.5% |
| HPE Hewlett Packard Enterprise | 0.22% | 212,936 | $3.8M | Reduce -5.1% |
| PPLI People Inc. filed as IAC INC | 0.21% | 66,750 | $3.6M | Reduce -40.8% |
| SABR Sabre Corp. | 0.19% | 1,357,843 | $3.3M | Reduce -73.7% |
| UBER Uber Technologies Inc. | 0.19% | 41,810 | $3.2M | Reduce -31.1% |
| NTR Nutrien Ltd. | 0.17% | 53,197 | $2.9M | Reduce -3.6% |
| MOS The Mosaic Co. | 0.17% | 88,054 | $2.9M | Reduce -3.3% |
| PDD PDD Holdings Inc. | 0.16% | 24,002 | $2.8M | Reduce -89.2% |
| MO Altria Group Inc. | 0.15% | 59,404 | $2.6M | Reduce -3.7% |
Portfolio Sells Q4 2023 → Q1 2024
| SNAP Snap Inc. Class A | Sold out | 0.00% | −4.35 |
| TWLO Twilio Inc. Class A | Sold out | 0.00% | −4.31 |
| INTC Intel Corp. | Sold out | 0.00% | −3.60 |
| WGHTQ WW International Inc. | Sold out | 0.00% | −3.51 |
| DOCU Docusign Inc. | Reduce -94.5% | 0.22% | −3.45 |
| PINS Pinterest Inc. Class A | Reduce -83.2% | 0.58% | −2.86 |
| NXH Neighborhood Intelligence Inc. | Sold out | 0.00% | −2.45 |
| PDD PDD Holdings Inc. | Reduce -89.2% | 0.16% | −1.59 |
| SABR Sabre Corp. | Reduce -73.7% | 0.19% | −1.03 |
| AMZN Amazon.com Inc. | Reduce -34.0% | 4.50% | −0.86 |
| VSXY Victoria's Secret & Co. | Sold out | 0.00% | −0.59 |
| RIG Transocean Ltd. | Reduce -57.0% | 0.44% | −0.53 |
| MGM MGM Resorts International | Sold out | 0.00% | −0.49 |
| CZR Caesars Entertainment Inc. | Reduce -52.5% | 0.34% | −0.37 |
| DKNG Draftkings Inc. Class A | Reduce -32.6% | 3.33% | −0.25 |
| ZM Zoom Communications Inc. | Reduce -2.9% | 4.28% | −0.24 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −0.24 |
| TRIP Tripadvisor Inc. | Reduce -44.3% | 0.41% | −0.12 |
| PPLI People Inc. | Reduce -40.8% | 0.21% | −0.11 |
| TDW Tidewater Inc. | Sold out | 0.00% | −0.10 |
| BABA Alibaba Group Holding-SP ADR | Reduce -2.2% | 4.49% | −0.10 |
| TECK Teck Resources Ltd.-CLS B | Sold out | 0.00% | −0.09 |
| BLUEBIRD BIO INC | Sold out | 0.00% | −0.09 |
| OVV Ovintiv Inc. | Sold out | 0.00% | −0.09 |
| VAL Valaris Ltd. | Reduce -20.1% | 1.21% | −0.08 |
| UBER Uber Technologies Inc. | Reduce -31.1% | 0.19% | −0.02 |
| MOS The Mosaic Co. | Reduce -3.3% | 0.17% | −0.01 |
| NTR Nutrien Ltd. | Reduce -3.6% | 0.17% | −0.00 |
| PM Philip Morris International | Reduce -2.4% | 0.24% | +0.00 |
| HPE Hewlett Packard Enterprise | Reduce -5.1% | 0.22% | +0.01 |
| MO Altria Group Inc. | Reduce -3.7% | 0.15% | +0.02 |
| DASH DoorDash Inc. Class A | Reduce -23.4% | 0.23% | +0.03 |
| DO Diamond Offshore Drilling Inc. | Reduce -9.2% | 1.37% | +0.03 |
| NBR Nabors Industries Ltd. | Reduce -6.3% | 0.66% | +0.04 |
| NE Noble Corp. PLC | Reduce -2.6% | 0.96% | +0.05 |
| SDRL Seadrill Limited | Reduce -6.5% | 1.18% | +0.07 |
| SE Sea Ltd.-ADR | Reduce -16.7% | 1.06% | +0.17 |
| COIN Coinbase Global Inc. Class A | Reduce -27.8% | 3.50% | +0.54 |
Portfolio Buys Q4 2023 → Q1 2024
| JD Jd.com Inc.-ADR | Add +852.7% | 4.90% | +4.39 |
| ABNB Airbnb Inc. Class A | New | 4.00% | +4.00 |
| XYZ Block Inc. | Add +792.5% | 4.29% | +3.88 |
| FOX Fox Corp. Class B | New | 3.64% | +3.64 |
| META Meta Platforms Inc. Class A | Add +8.6% | 8.33% | +3.12 |
| TSLA Tesla Inc. | Add +71.0% | 8.78% | +2.02 |
| CRSP Crispr Therapeutics AG | Add +264.1% | 2.62% | +2.01 |
| NTLA Intellia Therapeutics Inc. | Add +529.9% | 2.15% | +1.80 |
| U Unity Software Inc. | New | 1.41% | +1.41 |
| BIDU Baidu Inc. - Spon ADR | Add +32.9% | 4.75% | +0.98 |
| PYPL PayPal Holdings Inc. | New | 0.83% | +0.83 |
| TCOM Trip.com Group Ltd.-ADR | New | 0.46% | +0.46 |
| APP AppLovin Corp. Class A | Add +14.4% | 0.84% | +0.45 |
| DIS The Walt Disney Co. | New | 0.27% | +0.27 |
| DBX Dropbox Inc. Class A | New | 0.25% | +0.25 |
| ROKU Roku Inc. | Add +257.0% | 0.23% | +0.14 |
| WBD Warner Bros Discovery Inc. | Add +22.8% | 8.48% | +0.09 |
| B Barrick Gold Corp. | Add +66.3% | 0.23% | +0.09 |
| RRC Range Resources Corp. | Add +18.3% | 0.24% | +0.07 |
| PARAA Paramount Global Class B | Add +17.9% | 9.02% | +0.06 |
| GOOGL Alphabet Inc. Class A | Add +0.5% | 0.40% | +0.06 |
| PENN Penn Entertainment Inc. | Add +1.8% | 0.96% | −0.29 |