Hosking Partners LLP

Name: Hosking Partners LLP 13F holdings, Q2 2025
Creator: Hosking Partners LLP
Published: 2025-08-07

Q2 2026Q1 2026Q4 2025Q3 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 7, 2025), Hosking Partners LLP reported 117 stock positions worth $2.5 billion. Its top holding was Citigroup (C) at 4.1% of the portfolio, followed by American International (AIG, 3.9%) and Amazon.com (AMZN, 3.7%). Compared with Q1 2025, it opened 3 new positions, sold out of 1, added to 19 and reduced 95. The biggest buy was Interactive Brokers Gro Class A (IBKR, shares +4%) and the biggest sale Taiwan Semiconductor-SP ADR (TSM, shares −93%).

Most Recent 13F: Q2 2026
Location: LONDON, X0
CIK: 0001650135
Portfolio Value: $2.5B (Q2 2025)
SEC Filing: 0001650135-25-000005 ↗ filed Aug 7, 2025

Holdings Value

Holdings 117 stocks · $2.5B


C Citigroup Inc.	4.14%	1,221,268	$104.0M	Add +0.1%
AIG American International Group	3.88%	1,137,142	$97.3M	Reduce -1.6%
AMZN Amazon.com Inc.	3.71%	424,426	$93.1M	Reduce -1.8%
GOOG Alphabet Inc. Class C	3.69%	522,507	$92.7M	Reduce -1.1%
MU Micron Technology Inc.	3.43%	698,467	$86.1M	Reduce -2.0%
AXP American Express Co.	3.13%	246,506	$78.6M	Reduce -1.9%
CBRE CBRE Group Inc. Class A	3.09%	554,071	$77.6M	Reduce -1.8%
BKNG Booking Holdings Inc.	3.07%	13,309	$77.0M	Reduce -1.2%
COST Costco Wholesale Corp.	2.86%	72,574	$71.8M	Reduce -9.7%
BRK.B Berkshire Hathaway Inc. Class B	2.83%	146,076	$71.0M	Add +0.6%
IBKR Interactive Brokers Gro Class A	2.58%	1,169,447	$64.8M	Add +3.6%
FCX Freeport-McMoran Inc.	2.43%	1,404,596	$60.9M	Reduce -5.8%
COF Capital One Financial Corp.	2.30%	271,816	$57.8M	Reduce -4.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP	2.29%	1,216,352	$57.6M	Reduce -25.9%
WFC Wells Fargo & Co.	2.12%	665,619	$53.3M	Reduce -14.0%
SYF Synchrony Financial	2.06%	775,299	$51.7M	Reduce -1.5%
GSM Ferroglobe PLC	1.58%	10,778,786	$39.6M	Add +1.4%
DHT DHT Holdings Inc.	1.56%	3,621,760	$39.2M	Reduce -1.0%
JPM JPMorgan Chase & Co.	1.38%	119,366	$34.6M	Reduce -16.1%
CX Cemex Sab-Spons ADR Part Cer	1.37%	4,970,407	$34.4M	Reduce -2.2%
AVGO Broadcom Inc.	1.28%	116,847	$32.2M	Reduce -0.7%
ELV Elevance Health Inc.	1.19%	77,075	$30.0M	Reduce -0.6%
RYAAY Ryanair Holdings PLC-SP ADR	1.16%	505,480	$29.2M	Reduce -29.3%
HCC Warrior Met Coal Inc.	1.16%	635,434	$29.1M	Add +22.1%
MPC Marathon Petroleum Corp.	1.12%	169,780	$28.2M	Reduce -17.0%
NE Noble Corp. PLC	1.09%	1,031,166	$27.4M	Add +5.2%
MS Morgan Stanley	1.08%	191,936	$27.0M	Reduce -0.7%
JEF Jefferies Financial Group Inc.	1.07%	491,629	$26.9M	Reduce -21.2%
TDW Tidewater Inc.	1.07%	580,822	$26.8M	Add +47.3%
CPNG Coupang Inc.	1.04%	872,916	$26.2M	Reduce -4.8%
LYB Lyondellbasell Indu Class A	1.03%	446,914	$25.9M	Add +11.3%
COP Conocophillips	1.03%	287,540	$25.8M	Reduce -1.7%
DAL Delta Air Lines Inc.	1.03%	523,844	$25.8M	Add +47.8%
MGM MGM Resorts International	1.02%	746,942	$25.7M	Reduce -1.9%
SCHW Schwab (charles) Corp.	1.02%	280,078	$25.6M	Reduce -31.5%
INSW International Seaways Inc.	1.00%	688,766	$25.1M	Reduce -8.0%
GLW Corning Inc.	0.94%	451,016	$23.7M	Reduce -1.6%
OXY Occidental Petroleum Corp.	0.93%	554,712	$23.3M	Add +5.9%
TRUP Trupanion Inc.	0.91%	410,670	$22.7M	Add +3.3%
STLD Steel Dynamics Inc.	0.84%	163,968	$21.0M	Reduce -0.7%
LPX Louisiana-Pacific Corp.	0.79%	230,807	$19.8M	Reduce -14.1%
TIGO Millicom Intl Cellular S.A.	0.77%	518,521	$19.4M	Reduce -2.4%
BAP Credicorp Ltd.	0.73%	81,940	$18.3M	Reduce -2.4%
KR Kroger Co.	0.71%	248,264	$17.8M	Reduce -1.9%
PM Philip Morris International	0.71%	97,652	$17.8M	Reduce -3.3%
GLNG Golar LNG Ltd.	0.68%	416,999	$17.2M	Reduce -2.4%
SDRL Seadrill Limited	0.65%	621,812	$16.3M	Add +9.7%
AA Alcoa Corp.	0.64%	546,700	$16.1M	Reduce -1.9%
UNP Union Pacific Corp.	0.64%	70,031	$16.1M	Reduce -1.9%
STX Seagate Technology Holdings	0.64%	111,258	$16.1M	Reduce -1.9%
PNC PNC Financial Services Group	0.64%	85,586	$16.0M	Add +1.4%
MCHP Microchip Technology Inc.	0.64%	226,729	$16.0M	Reduce -0.5%
LRCX Lam Research Corp.	0.62%	160,298	$15.6M	Reduce -0.8%
SLG SL Green Realty Corp.	0.61%	247,223	$15.3M	Reduce -1.4%
PYPL PayPal Holdings Inc.	0.60%	204,026	$15.2M	Reduce -1.9%
AAL American Airlines Group Inc.	0.58%	1,288,930	$14.5M	Reduce -1.9%
CFG Citizens Financial Group	0.52%	293,401	$13.1M	Reduce -1.9%
BIO Bio-Rad Laboratories-A	0.52%	54,098	$13.1M	Reduce -0.7%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.52%	105,097	$13.0M	Reduce -1.9%
LSAK Lesaka Technologies Inc.	0.49%	2,733,321	$12.3M	Reduce -1.8%
TPL Texas Pacific Land Corp.	0.47%	11,088	$11.7M	Add +1.3%
BLD Topbuild Corp.	0.46%	35,836	$11.6M	Reduce -0.7%
V Visa Inc. Class A	0.45%	31,620	$11.2M	Reduce -1.9%
QCOM Qualcomm Inc.	0.44%	69,419	$11.1M	Reduce -1.9%
VICI Vici Properties Inc. filed as VICI PPTYS INC	0.42%	320,760	$10.5M	Add +107.3%
VAL Valaris Ltd.	0.42%	247,905	$10.4M	Reduce -0.1%
ARLO Arlo Technologies Inc.	0.42%	614,395	$10.4M	Reduce -0.9%
HEPS D-Market Electronic Serv-ADR	0.41%	3,788,443	$10.2M	Reduce -2.4%
WTW Willis Towers Watson PLC	0.39%	32,281	$9.9M	Reduce -0.7%
AMAT Applied Materials Inc.	0.38%	52,539	$9.6M	Reduce -1.9%
FWONK Liberty Media Corp. Class C	0.38%	91,585	$9.6M	Reduce -0.8%
MAS Masco Corp.	0.37%	144,231	$9.3M	Reduce -0.5%
BTU Peabody Energy Corp.	0.35%	662,357	$8.9M	Reduce -21.5%
VIPS Vipshop Holdings Ltd. - ADR	0.35%	580,855	$8.7M	Reduce -2.1%
HSHP Himalaya Shipping Ltd.	0.35%	1,503,660	$8.7M	Add +237.0%
L Loews Corp.	0.34%	93,285	$8.6M	Reduce -1.9%
KOF Coca-Cola Femsa Sab-SP ADR	0.33%	84,681	$8.2M	Reduce -2.4%
AMR Alpha Metallurgical Resource	0.32%	72,190	$8.1M	Add +20.3%
FCFS Firstcash Holdings Inc.	0.31%	57,242	$7.7M	Reduce -1.9%
STNG Scorpio Tankers Inc.	0.30%	194,492	$7.6M	Reduce -1.9%
CRH CRH PLC	0.30%	82,791	$7.6M	Reduce -0.8%
CPA Copa Holdings SA Class A	0.30%	68,138	$7.5M	Reduce -2.4%
LOMA Loma Negra Cia Ind-Spon ADR	0.29%	668,355	$7.3M	Reduce -2.4%
CRESY Cresud S.A.-Spons ADR	0.28%	641,352	$6.9M	Reduce -2.4%
MBI Mbia Inc.	0.27%	1,562,023	$6.8M	Reduce -1.2%
CTVA Corteva Inc.	0.27%	90,037	$6.7M	Reduce -1.9%
KWR Quaker Chemical Corporation	0.26%	58,300	$6.5M	Add +35.9%
THO Thor Industries Inc.	0.23%	64,905	$5.8M	Reduce -0.7%
BN Brookfield Corp.	0.23%	91,601	$5.7M	Reduce -8.5%
VIST Vista Energy Sab DE CV	0.22%	117,878	$5.6M	New
CVX Chevron Corp.	0.22%	38,558	$5.5M	Reduce -0.7%
XOM Exxon Mobil Corp.	0.21%	49,912	$5.4M	Reduce -0.7%
RLX RLX Technology Inc.-ADR	0.18%	2,025,895	$4.5M	Reduce -3.2%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD	0.16%	298,017	$4.1M	Reduce -5.4%
TSM Taiwan Semiconductor-SP ADR	0.16%	17,612	$4.0M	Reduce -93.0%
CZR Caesars Entertainment Inc.	0.16%	139,653	$4.0M	Reduce -0.8%
PBT Permian Basin Royalty Trust	0.15%	308,549	$3.8M	Add +1.2%
CNC Centene Corp.	0.15%	67,098	$3.6M	Reduce -0.8%
EPAM Epam Systems Inc.	0.14%	20,441	$3.6M	Reduce -1.9%
DSX Diana Shipping Inc.	0.11%	1,970,908	$2.9M	Reduce -1.9%

Show all 117 holdings

Other holdings (1): bonds, preferreds, convertibles and warrants · $34K (not counted above)

Security	Class	Shares / Principal	Value	Change
DSX.WS Diana Shipping Inc.-28	*W EXP 12/14/202	425,104	$34K	No change

Total filed on the 13F, all lines: $2.5B.

Portfolio Sells Q1 2025 → Q2 2025


TSM Taiwan Semiconductor-SP ADR	Reduce -93.0%	0.16%	−1.60
BAC Bank of America Corp.	Reduce -25.9%	2.29%	−0.60
AIG American International Group	Reduce -1.6%	3.88%	−0.36
COST Costco Wholesale Corp.	Reduce -9.7%	2.86%	−0.34
JEF Jefferies Financial Group Inc.	Reduce -21.2%	1.07%	−0.34
SCHW Schwab (charles) Corp.	Reduce -31.5%	1.02%	−0.33
CNR Core Natural Resources Inc.	Reduce -79.1%	0.06%	−0.29
GOLDEN OCEAN GROUP LTD	Reduce -70.2%	0.10%	−0.28
COP Conocophillips	Reduce -1.7%	1.03%	−0.27
LPX Louisiana-Pacific Corp.	Reduce -14.1%	0.79%	−0.25
ELV Elevance Health Inc.	Reduce -0.6%	1.19%	−0.23
WFC Wells Fargo & Co.	Reduce -14.0%	2.12%	−0.22
RIG Transocean Ltd.	Reduce -49.3%	0.11%	−0.18
MPC Marathon Petroleum Corp.	Reduce -17.0%	1.12%	−0.13
BTU Peabody Energy Corp.	Reduce -21.5%	0.35%	−0.13
RYAAY Ryanair Holdings PLC-SP ADR	Reduce -29.3%	1.16%	−0.12
JPM JPMorgan Chase & Co.	Reduce -16.1%	1.38%	−0.10
AA Alcoa Corp.	Reduce -1.9%	0.64%	−0.07
LSAK Lesaka Technologies Inc.	Reduce -1.8%	0.49%	−0.07
UNP Union Pacific Corp.	Reduce -1.9%	0.64%	−0.07
WTW Willis Towers Watson PLC	Reduce -0.7%	0.39%	−0.07
MBI Mbia Inc.	Reduce -1.2%	0.27%	−0.06
DHT DHT Holdings Inc.	Reduce -1.0%	1.56%	−0.06
WY Weyerhaeuser Co.	Sold out	0.00%	−0.06
HEPS D-Market Electronic Serv-ADR	Reduce -2.4%	0.41%	−0.06
MAS Masco Corp.	Reduce -0.5%	0.37%	−0.06
CVX Chevron Corp.	Reduce -0.7%	0.22%	−0.05
INSW International Seaways Inc.	Reduce -8.0%	1.00%	−0.05
VIPS Vipshop Holdings Ltd. - ADR	Reduce -2.1%	0.35%	−0.04
BIO Bio-Rad Laboratories-A	Reduce -0.7%	0.52%	−0.04
XOM Exxon Mobil Corp.	Reduce -0.7%	0.21%	−0.04
STLD Steel Dynamics Inc.	Reduce -0.7%	0.84%	−0.04
MNTK Montauk Renewables Inc.	Reduce -48.0%	0.04%	−0.03
CRESY Cresud S.A.-Spons ADR	Reduce -2.4%	0.28%	−0.03
V Visa Inc. Class A	Reduce -1.9%	0.45%	−0.03
L Loews Corp.	Reduce -1.9%	0.34%	−0.03
CNC Centene Corp.	Reduce -0.8%	0.15%	−0.03
LOMA Loma Negra Cia Ind-Spon ADR	Reduce -2.4%	0.29%	−0.03
CBRE CBRE Group Inc. Class A	Reduce -1.8%	3.09%	−0.02
QCOM Qualcomm Inc.	Reduce -1.9%	0.44%	−0.02
DSX Diana Shipping Inc.	Reduce -1.9%	0.11%	−0.02
KR Kroger Co.	Reduce -1.9%	0.71%	−0.01
STNG Scorpio Tankers Inc.	Reduce -1.9%	0.30%	−0.01
AAL American Airlines Group Inc.	Reduce -1.9%	0.58%	−0.01
KOF Coca-Cola Femsa Sab-SP ADR	Reduce -2.4%	0.33%	−0.01
CRH CRH PLC	Reduce -0.8%	0.30%	−0.01
VTS Vitesse Energy Inc.	Reduce -1.7%	0.03%	−0.01
EPAM Epam Systems Inc.	Reduce -1.9%	0.14%	−0.00
VECO Veeco Instruments Inc.	Reduce -0.8%	0.06%	−0.00
BLD Topbuild Corp.	Reduce -0.7%	0.46%	−0.00

Portfolio Buys Q1 2025 → Q2 2025


IBKR Interactive Brokers Gro Class A	Add +3.6%	2.58%	+0.61
C Citigroup Inc.	Add +0.1%	4.14%	+0.48
DAL Delta Air Lines Inc.	Add +47.8%	1.03%	+0.37
TDW Tidewater Inc.	Add +47.3%	1.07%	+0.36
TRUP Trupanion Inc.	Add +3.3%	0.91%	+0.28
HSHP Himalaya Shipping Ltd.	Add +237.0%	0.35%	+0.24
VIST Vista Energy Sab DE CV	New	0.22%	+0.22
VICI Vici Properties Inc.	Add +107.3%	0.42%	+0.20
HCC Warrior Met Coal Inc.	Add +22.1%	1.16%	+0.11
NE Noble Corp. PLC	Add +5.2%	1.09%	+0.11
SDRL Seadrill Limited	Add +9.7%	0.65%	+0.05
KWR Quaker Chemical Corporation	Add +35.9%	0.26%	+0.04
PBT Permian Basin Royalty Trust	Add +1.2%	0.15%	+0.03
SHG Shinhan Financial Group-ADR	New	0.02%	+0.02
PNC PNC Financial Services Group	Add +1.4%	0.64%	+0.01
LBRDA Liberty Broadband-A	New	0.01%	+0.01
AMR Alpha Metallurgical Resource	Add +20.3%	0.32%	+0.01
GSM Ferroglobe PLC	Add +1.4%	1.58%	−0.09
TPL Texas Pacific Land Corp.	Add +1.3%	0.47%	−0.15
LYB Lyondellbasell Indu Class A	Add +11.3%	1.03%	−0.16
OXY Occidental Petroleum Corp.	Add +5.9%	0.93%	−0.16
BRK.B Berkshire Hathaway Inc. Class B	Add +0.6%	2.83%	−0.44

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	98	$3.0B	MU, GOOG, C, IBKR, FCX
Q1 2026	98	$2.8B	GOOG, C, MU, FCX, IBKR
Q4 2025	113	$2.9B	GOOG, C, MU, AMZN, CBRE
Q3 2025	115	$2.8B	GOOG, C, MU, AMZN, CBRE
Q2 2025	117	$2.5B	C, AIG, AMZN, GOOG, MU
Q1 2025	115	$2.4B	AIG, C, GOOG, AMZN, BRK.B
Q4 2024	111	$2.6B	GOOG, AMZN, AXP, C, AIG
Q3 2024	114	$2.6B	GOOG, AIG, AMZN, AXP, C
Q2 2024	119	$2.7B	GOOG, MU, AMZN, AIG, COST
Q1 2024	115	$2.7B	GOOG, AIG, BAC, C, COST