High Ground Investment Management LLP

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 9, 2024), High Ground Investment Management LLP reported 11 stock positions worth $208.4 million. Its top holding was Humana (HUM) at 37.8% of the portfolio, followed by Arch Capital (ACGL, 17.7%) and Elevance Health (ELV, 15.8%). Compared with Q4 2023, it opened 2 new positions, added to 3 and reduced 4. The biggest buy was Arch Capital (ACGL, shares +29%) and the biggest sale Tidewater (TDW, shares −98%).

Most Recent 13F
Q2 2026
Location
LONDON, X0
CIK
0001828180
Portfolio Value
$208.4M (Q1 2024)
SEC Filing
0001828180-24-000004 ↗ filed May 9, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $208.4M $208.4M Q1 2024 Q2 2024: $256.5M Q2 2024 Q3 2024: $217.1M Q3 2024 Q4 2024: $322.3M Q4 2024 Q1 2025: $428.2M Q1 2025 Q2 2025: $477.1M Q2 2025 Q3 2025: $601.9M Q3 2025 Q4 2025: $686.8M Q4 2025 Q1 2026: $538.6M Q1 2026 Q2 2026: $1.1B Q2 2026

Holdings 11 stocks · $208.4M
HUM Humana Inc. 37.76% 226,953 $78.7M Add +41.6%
ACGL Arch Capital Group Ltd. 17.71% 399,141 $36.9M Add +29.4%
ELV Elevance Health Inc. 15.77% 63,370 $32.9M No change
TMUS T-Mobile US Inc. 11.15% 142,408 $23.2M Add +15.5%
CNC Centene Corp. 4.12% 109,271 $8.6M No change
MCO Moody's Corp. 3.80% 20,130 $7.9M Reduce -51.1%
DOLE Dole PLC 2.84% 495,903 $5.9M New
TECK Teck Resources Ltd.-CLS B 2.62% 119,443 $5.5M Reduce -53.4%
HCC Warrior Met Coal Inc. 2.24% 76,825 $4.7M New
EXP Eagle Materials Inc. 1.80% 13,795 $3.7M Reduce -43.5%
TDW Tidewater Inc. 0.20% 4,499 $414K Reduce -98.1%

Portfolio Sells Q4 2023 → Q1 2024
TDW Tidewater Inc. Reduce -98.1% 0.20% −8.20
MCO Moody's Corp. Reduce -51.1% 3.80% −4.12
TECK Teck Resources Ltd.-CLS B Reduce -53.4% 2.62% −2.71
EXP Eagle Materials Inc. Reduce -43.5% 1.80% −0.64

Portfolio Buys Q4 2023 → Q1 2024
ACGL Arch Capital Group Ltd. Add +29.4% 17.71% +6.42
DOLE Dole PLC New 2.84% +2.84
HCC Warrior Met Coal Inc. New 2.24% +2.24
HUM Humana Inc. Add +41.6% 37.76% +1.60
TMUS T-Mobile US Inc. Add +15.5% 11.15% +1.41

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 7$1.1BELV, ACGL, AER, HUM, TMUS
Q1 2026 5$538.6MACGL, AER, ELV, HUM, HCC
Q4 2025 6$686.8MACGL, AER, HUM, ELV, REVG
Q3 2025 8$601.9MACGL, HUM, ELV, AER, REVG
Q2 2025 6$477.1MACGL, HUM, ELV, REVG, HCC
Q1 2025 9$428.2MACGL, HUM, ELV, REVG, HCC
Q4 2024 9$322.3MHUM, ACGL, ELV, HCC, CNC
Q3 2024 8$217.1MHUM, ACGL, ELV, TMUS, HCC
Q2 2024 10$256.5MHUM, ELV, ACGL, TMUS, DOLE
Q1 2024 11$208.4MHUM, ACGL, ELV, TMUS, CNC