Ilex Capital Partners (UK) LLP
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Ilex Capital Partners (UK) LLP reported 25 stock positions worth $1.5 billion. Its top holding was Mondelez International Class A (MDLZ) at 14.8% of the portfolio, followed by Kellanova (K, 8.8%) and Alcon (ALC, 8.5%). Compared with Q2 2024, it opened 14 new positions, sold out of 9, added to 7 and reduced 4. The biggest buy was a new position in Mondelez International Class A (MDLZ) and the biggest sale Coca-Cola (KO, shares −75%).
- Most Recent 13F
- Q2 2026
- Location
- London, X0
- CIK
- 0001985486
- Portfolio Value
- $1.5B (Q3 2024)
- SEC Filing
- 0001172661-24-004803 ↗ filed Nov 14, 2024
Holdings Value
Holdings 25 stocks · $1.5B
| MDLZ Mondelez International Inc. Class A | 14.75% | 2,973,324 | $219.0M | New |
| K Kellanova | 8.83% | 1,624,222 | $131.1M | Add +63.8% |
| ALC Alcon Inc. filed as ALCON AG | 8.51% | 1,264,724 | $126.4M | New |
| KMB Kimberly-Clark Corp. | 6.35% | 662,620 | $94.3M | Add +140.0% |
| CLX Clorox Company | 5.95% | 542,110 | $88.3M | Add +512.6% |
| KDP Keurig Dr Pepper Inc. | 5.05% | 2,001,108 | $75.0M | Reduce -33.0% |
| DD Dupont DE Nemours Inc. | 4.90% | 816,496 | $72.8M | Add +2.9% |
| ESI Element Solutions Inc. | 4.52% | 2,470,003 | $67.1M | Add +162.7% |
| LIN Linde PLC | 4.03% | 125,356 | $59.8M | New |
| IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA | 3.84% | 543,192 | $57.0M | Reduce -20.5% |
| WLK Westlake Corp. | 3.74% | 369,564 | $55.5M | New |
| BG Bunge Global SA | 3.66% | 562,190 | $54.3M | New |
| CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC | 3.32% | 574,023 | $49.3M | Add +32.4% |
| CAG Conagra Brands Inc. | 3.16% | 1,444,970 | $47.0M | New |
| GEHC GE Healthcare Technology | 3.00% | 474,934 | $44.6M | New |
| KO The Coca-Cola Co. | 2.61% | 539,532 | $38.8M | Reduce -74.7% |
| A Agilent Technologies Inc. | 2.23% | 222,836 | $33.1M | New |
| FMC FMC Corp. | 1.96% | 440,353 | $29.0M | Add +2129.4% |
| KHC The Kraft Heinz Co. | 1.91% | 808,160 | $28.4M | New |
| RPM RPM International Inc. | 1.79% | 219,494 | $26.6M | New |
| COO The Cooper Cos Inc. | 1.76% | 236,504 | $26.1M | Reduce -65.3% |
| PM Philip Morris International | 1.57% | 192,415 | $23.4M | New |
| KVUE Kenvue Inc. | 1.34% | 863,260 | $20.0M | New |
| DECK Deckers Outdoor Corp. | 0.96% | 89,580 | $14.3M | New |
| CELH Celsius Holdings Inc. | 0.26% | 121,580 | $3.8M | New |
Portfolio Sells Q2 2024 → Q3 2024
| KO The Coca-Cola Co. | Reduce -74.7% | 2.61% | −11.31 |
| TMO Thermo Fisher Scientific Inc. | Sold out | 0.00% | −8.26 |
| STZ Constellation Brands Inc. Class A | Sold out | 0.00% | −6.73 |
| CPB The Campbell's Company | Sold out | 0.00% | −5.46 |
| LYB Lyondellbasell Indu Class A | Sold out | 0.00% | −5.39 |
| KDP Keurig Dr Pepper Inc. | Reduce -33.0% | 5.05% | −5.17 |
| CL Colgate-Palmolive Co. | Sold out | 0.00% | −4.71 |
| COO The Cooper Cos Inc. | Reduce -65.3% | 1.76% | −4.34 |
| MKC McCormick & Co.-Non VTG SHRS | Sold out | 0.00% | −3.08 |
| IFF Intl Flavors & Fragrances | Reduce -20.5% | 3.84% | −2.83 |
| CTVA Corteva Inc. | Sold out | 0.00% | −2.37 |
| OLN Olin Corp. | Sold out | 0.00% | −2.23 |
| ELF Elf Beauty Inc. | Sold out | 0.00% | −1.31 |
Portfolio Buys Q2 2024 → Q3 2024
| MDLZ Mondelez International Inc. Class A | New | 14.75% | +14.75 |
| ALC Alcon Inc. | New | 8.51% | +8.51 |
| CLX Clorox Company | Add +512.6% | 5.95% | +4.71 |
| LIN Linde PLC | New | 4.03% | +4.03 |
| WLK Westlake Corp. | New | 3.74% | +3.74 |
| BG Bunge Global SA | New | 3.66% | +3.66 |
| CAG Conagra Brands Inc. | New | 3.16% | +3.16 |
| GEHC GE Healthcare Technology | New | 3.00% | +3.00 |
| K Kellanova | Add +63.8% | 8.83% | +2.97 |
| KMB Kimberly-Clark Corp. | Add +140.0% | 6.35% | +2.44 |
| A Agilent Technologies Inc. | New | 2.23% | +2.23 |
| KHC The Kraft Heinz Co. | New | 1.91% | +1.91 |
| ESI Element Solutions Inc. | Add +162.7% | 4.52% | +1.90 |
| FMC FMC Corp. | Add +2129.4% | 1.96% | +1.84 |
| RPM RPM International Inc. | New | 1.79% | +1.79 |
| PM Philip Morris International | New | 1.57% | +1.57 |
| KVUE Kenvue Inc. | New | 1.34% | +1.34 |
| DECK Deckers Outdoor Corp. | New | 0.96% | +0.96 |
| CELH Celsius Holdings Inc. | New | 0.26% | +0.26 |
| CF CF Industries Holdings Inc. | Add +32.4% | 3.32% | +0.02 |
| DD Dupont DE Nemours Inc. | Add +2.9% | 4.90% | −1.64 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 143 | $4.9B | PG, FLUT, MDLZ, KDP, YUM |
| Q1 2026 | 64 | $4.1B | PEP, ONON, PG, HLT, MCD |
| Q4 2025 | 62 | $3.5B | FLUT, GIS, MKC, KO, CL |
| Q3 2025 | 135 | $3.1B | GIS, RACE, PG, LIN, RPM |
| Q2 2025 | 156 | $3.0B | IFF, SJM, FLUT, MDLZ, KDP |
| Q1 2025 | 189 | $2.4B | SJM, MNST, KO, APD, FLUT |
| Q4 2024 | 31 | $1.6B | KMB, CAG, KO, SJM, ECL |
| Q3 2024 | 25 | $1.5B | MDLZ, K, ALC, KMB, CLX |
| Q2 2024 | 20 | $975.9M | KO, KDP, TMO, STZ, IFF |
| Q1 2024 | 19 | $1.0B | PG, KO, KHC, IFF, ALC |