Gemsstock Ltd.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 8, 2024), Gemsstock Ltd. reported 13 stock positions worth $265.0 million. Its top holding was Teck Resources Ltd.-CLS B (TECK) at 14.3% of the portfolio, followed by Nu Holdings Ltd./Cayman Isl-A (NU, 14.2%) and Alphabet Class C (GOOG, 10.7%). Compared with Q4 2023, it opened 2 new positions, sold out of 2, added to 7 and reduced 4. The biggest buy was a new position in Amazon.com (AMZN) and the biggest sale Petroleo Brasileiro-Spon ADR (PBR, shares −84%).
- Most Recent 13F
- Q2 2026
- Location
- London, X0
- CIK
- 0001724140
- Portfolio Value
- $265.0M (Q1 2024)
- SEC Filing
- 0001724140-24-000007 ↗ filed May 8, 2024
Holdings Value
Holdings 13 stocks · $265.0M
| TECK Teck Resources Ltd.-CLS B | 14.28% | 826,624 | $37.8M | Add +0.4% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 14.24% | 3,162,503 | $37.7M | Add +0.4% |
| GOOG Alphabet Inc. Class C | 10.66% | 185,600 | $28.3M | Add +0.1% |
| AVGO Broadcom Inc. | 10.05% | 20,100 | $26.6M | Add +50.0% |
| JPM JPMorgan Chase & Co. | 9.94% | 131,500 | $26.3M | Reduce -21.8% |
| AMZN Amazon.com Inc. | 9.70% | 142,500 | $25.7M | New |
| ITUB Itau Unibanco H-Spon PRF ADR | 8.96% | 3,424,782 | $23.7M | Add +40.0% |
| TSM Taiwan Semiconductor-SP ADR | 8.44% | 164,300 | $22.4M | Reduce -35.3% |
| SHEL Shell PLC-ADR | 6.35% | 250,924 | $16.8M | Add +0.4% |
| PBR Petroleo Brasileiro-Spon ADR | 2.34% | 407,708 | $6.2M | Reduce -83.8% |
| VFC VF Corp. | 2.10% | 362,500 | $5.6M | Add +0.4% |
| BBD Banco Bradesco-ADR | 1.86% | 1,720,607 | $4.9M | Reduce -55.2% |
| TE T1 Energy Inc. filed as FREYR BATTERY INC | 1.09% | 1,715,915 | $2.9M | New |
Portfolio Sells Q4 2023 → Q1 2024
| PBR Petroleo Brasileiro-Spon ADR | Reduce -83.8% | 2.34% | −12.60 |
| X United States Steel Corp. | Sold out | 0.00% | −4.55 |
| BBD Banco Bradesco-ADR | Reduce -55.2% | 1.86% | −3.13 |
| EEM iShares MSCI Emerging Market | Sold out | 0.00% | −2.26 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -35.3% | 8.44% | −1.37 |
| JPM JPMorgan Chase & Co. | Reduce -21.8% | 9.94% | −0.67 |
Portfolio Buys Q4 2023 → Q1 2024
| AMZN Amazon.com Inc. | New | 9.70% | +9.70 |
| AVGO Broadcom Inc. | Add +50.0% | 10.05% | +4.50 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +0.4% | 14.24% | +4.50 |
| ITUB Itau Unibanco H-Spon PRF ADR | Add +40.0% | 8.96% | +2.65 |
| TECK Teck Resources Ltd.-CLS B | Add +0.4% | 14.28% | +1.37 |
| TE T1 Energy Inc. | New | 1.09% | +1.09 |
| GOOG Alphabet Inc. Class C | Add +0.1% | 10.66% | +0.96 |
| SHEL Shell PLC-ADR | Add +0.4% | 6.35% | +0.24 |
| VFC VF Corp. | Add +0.4% | 2.10% | −0.42 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026Amended | 13 | $307.5M | GDX, VIST, KSPI, GPOR, BMA |
| Q1 2026 | 28 | $948.8M | EQX, GPOR, AMZN, B, VIST |
| Q4 2025 | 22 | $793.4M | EQX, GPOR, SOXX, QQQ, AMZN |
| Q3 2025 | 15 | $486.1M | EEM, EQX, EQT, GDXJ, NEM |
| Q2 2025 | 17 | $560.9M | EEM, EWZ, EQX, DB, KSPI |
| Q1 2025 | 18 | $265.4M | KSPI, EQX, GGAL, TECK, BMA |
| Q4 2024 | 16 | $483.2M | QQQ, RSP, GOOG, AMZN, NU |
| Q3 2024 | 9 | $206.8M | QQQ, AMZN, B, NEM, GOOG |
| Q2 2024 | 13 | $313.7M | AMZN, TECK, GOOG, AVGO, TSM |
| Q1 2024 | 13 | $265.0M | TECK, NU, GOOG, AVGO, JPM |