FIFTHDELTA Ltd

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), FIFTHDELTA Ltd reported 5 stock positions worth $319.8 million. Its top holding was Cummins (CMI) at 27.1% of the portfolio, followed by Blackberry (BB, 24.2%) and Qualcomm (QCOM, 22.1%). Compared with Q2 2025, it opened 1 new position, sold out of 5 and added to 4. The biggest buy was Blackberry (BB, shares +348%) and the biggest sale an exit from Borgwarner (BWA).

Most Recent 13F
Q2 2026
Location
LONDON, X0
CIK
0001872766
Portfolio Value
$319.8M (Q3 2025)
SEC Filing
0001872766-25-000013 ↗ filed Nov 14, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $562.4M Q1 2024 Q2 2024: $459.2M Q2 2024 Q3 2024: $299.7M Q3 2024 Q4 2024: $282.4M Q4 2024 Q1 2025: $399.5M Q1 2025 Q2 2025: $310.4M Q2 2025 Q3 2025: $319.8M $319.8M Q3 2025 Q4 2025: $475.9M Q4 2025 Q1 2026: $724.8M Q1 2026 Q2 2026: $852.9M Q2 2026

Holdings 5 stocks · $319.8M
CMI Cummins Inc. 27.09% 205,119 $86.6M Add +23.9%
BB Blackberry Ltd. 24.19% 15,852,748 $77.4M Add +348.3%
QCOM Qualcomm Inc. 22.09% 424,600 $70.6M Add +6.0%
ON On Semiconductor 13.74% 891,389 $44.0M Add +21.8%
OTIS Otis Worldwide Corp. 12.90% 451,178 $41.3M New

Portfolio Sells Q2 2025 → Q3 2025
BWA Borgwarner Inc. Sold out 0.00% −11.90
HUN Huntsman Corp. Sold out 0.00% −11.74
VC Visteon Corp. Sold out 0.00% −9.46
PHIN Phinia Inc. Sold out 0.00% −9.45
MBLY Mobileye Global Inc. Class A Sold out 0.00% −1.84

Portfolio Buys Q2 2025 → Q3 2025
BB Blackberry Ltd. Add +348.3% 24.19% +18.97
OTIS Otis Worldwide Corp. New 12.90% +12.90
CMI Cummins Inc. Add +23.9% 27.09% +9.61
QCOM Qualcomm Inc. Add +6.0% 22.09% +1.53
ON On Semiconductor Add +21.8% 13.74% +1.38

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 11$852.9MAXTA, TEL, HOG, ALLE, ALSN
Q1 2026 11$724.8MAXTA, TEL, BB, TSM, OTIS
Q4 2025 10$475.9MAXTA, BB, OTIS, ALSN, NXPI
Q3 2025 5$319.8MCMI, BB, QCOM, ON, OTIS
Q2 2025 9$310.4MQCOM, CMI, ON, BWA, HUN
Q1 2025 13$399.5MON, VC, HUN, BWA, TSM
Q4 2024 11$282.4MBB, DOW, VC, HUN, APTV
Q3 2024 10$299.7MBB, DOW, OTIS, HUN, VC
Q2 2024 13$459.2MDOW, BB, HUN, GM, WHR
Q1 2024 11$562.4MGM, BB, DOW, VC, HUN