High Ground Investment Management LLP
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 5, 2025), High Ground Investment Management LLP reported 8 stock positions worth $601.9 million. Its top holding was Arch Capital (ACGL) at 25.8% of the portfolio, followed by Humana (HUM, 21.8%) and Elevance Health (ELV, 15.5%). Compared with Q2 2025, it opened 2 new positions, added to 3 and reduced 2. The biggest buy was a new position in Aercap (AER) and the biggest sale Rev (REVG, shares −32%).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001828180
- Portfolio Value
- $601.9M (Q3 2025)
- SEC Filing
- 0001828180-25-000006 ↗ filed Nov 5, 2025
Holdings Value
Holdings 8 stocks · $601.9M
| ACGL Arch Capital Group Ltd. | 25.85% | 1,714,668 | $155.6M | Add +3.5% |
| HUM Humana Inc. | 21.78% | 503,801 | $131.1M | Add +1.7% |
| ELV Elevance Health Inc. | 15.53% | 289,232 | $93.5M | Add +19.1% |
| AER Aercap Holdings NV | 15.05% | 748,519 | $90.6M | New |
| REVG Rev Group Inc. | 12.30% | 1,305,969 | $74.0M | Reduce -31.7% |
| AL Sumisho Air Lease Corp. filed as AIR LEASE CORP | 5.81% | 549,201 | $35.0M | New |
| HCC Warrior Met Coal Inc. | 2.66% | 251,884 | $16.0M | Reduce -14.3% |
| TMUS T-Mobile US Inc. | 1.04% | 26,164 | $6.3M | No change |
Portfolio Sells Q2 2025 → Q3 2025
Portfolio Buys Q2 2025 → Q3 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 7 | $1.1B | ELV, ACGL, AER, HUM, TMUS |
| Q1 2026 | 5 | $538.6M | ACGL, AER, ELV, HUM, HCC |
| Q4 2025 | 6 | $686.8M | ACGL, AER, HUM, ELV, REVG |
| Q3 2025 | 8 | $601.9M | ACGL, HUM, ELV, AER, REVG |
| Q2 2025 | 6 | $477.1M | ACGL, HUM, ELV, REVG, HCC |
| Q1 2025 | 9 | $428.2M | ACGL, HUM, ELV, REVG, HCC |
| Q4 2024 | 9 | $322.3M | HUM, ACGL, ELV, HCC, CNC |
| Q3 2024 | 8 | $217.1M | HUM, ACGL, ELV, TMUS, HCC |
| Q2 2024 | 10 | $256.5M | HUM, ELV, ACGL, TMUS, DOLE |
| Q1 2024 | 11 | $208.4M | HUM, ACGL, ELV, TMUS, CNC |