Kiltearn Partners LLP
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Kiltearn Partners LLP reported 33 stock positions worth $824.8 million. Its top holding was Affiliated Managers (AMG) at 10.5% of the portfolio, followed by Comcast Class A (CMCSA, 7.2%) and CVS Health (CVS, 5.7%). Compared with Q1 2024, it opened 5 new positions, sold out of 2, added to 3 and reduced 25. The biggest buy was a new position in Robert Half (RHI) and the biggest sale Micron Technology (MU, shares −69%).
- Most Recent 13F
- Q2 2026
- Location
- Edinburgh, X0
- CIK
- 0001582633
- Portfolio Value
- $824.8M (Q2 2024)
- SEC Filing
- 0000950123-24-008796 ↗ filed Aug 14, 2024
Holdings Value
Holdings 33 stocks · $824.8M
| AMG Affiliated Managers Group | 10.49% | 554,014 | $86.6M | Reduce -17.9% |
| CMCSA Comcast Corp. Class A | 7.16% | 1,508,861 | $59.1M | Reduce -14.8% |
| CVS CVS Health Corp. | 5.67% | 791,668 | $46.8M | Reduce -8.1% |
| KMX Carmax Inc. | 5.63% | 633,000 | $46.4M | Reduce -13.5% |
| LUV Southwest Airlines Co. | 5.18% | 1,494,283 | $42.8M | Reduce -18.0% |
| CI The Cigna Group | 4.93% | 123,000 | $40.7M | Reduce -18.7% |
| CHKP Check Point Software Tech | 4.92% | 246,200 | $40.6M | Reduce -18.0% |
| LYB Lyondellbasell Indu Class A | 4.65% | 401,000 | $38.4M | Reduce -18.0% |
| ABEV Ambev SA-ADR | 3.62% | 14,575,900 | $29.9M | Add +43.4% |
| LBYAV Liberty Global PLC-A-Wi | 3.48% | 1,648,037 | $28.7M | Reduce -18.0% |
| MDT Medtronic PLC | 3.43% | 359,761 | $28.3M | Add +7.8% |
| HCA HCA Healthcare Inc. | 3.43% | 88,100 | $28.3M | Reduce -37.1% |
| EBAY eBay Inc. | 2.84% | 435,894 | $23.4M | Reduce -37.7% |
| RHI Robert Half Inc. | 2.82% | 363,700 | $23.3M | New |
| STT State Street Corp. | 2.54% | 282,600 | $20.9M | Reduce -18.0% |
| VALE Vale SA-SP ADR | 2.42% | 1,788,400 | $20.0M | Reduce -9.4% |
| SWK Stanley Black & Decker Inc. | 2.27% | 233,900 | $18.7M | Reduce -17.7% |
| TS Tenaris SA-ADR | 2.26% | 611,659 | $18.7M | Reduce -17.8% |
| SEE Sealed Air Corp. | 2.24% | 531,000 | $18.5M | Add +35.5% |
| SYY Sysco Corp. | 2.09% | 241,800 | $17.3M | Reduce -4.9% |
| HOG Harley-Davidson Inc. | 2.00% | 491,213 | $16.5M | Reduce -22.4% |
| NOV Nov Inc. | 1.96% | 852,100 | $16.2M | Reduce -17.9% |
| KT KT Corp.-SP ADR | 1.74% | 1,049,510 | $14.3M | Reduce -17.7% |
| FDX FedEx Corp. | 1.64% | 45,000 | $13.5M | Reduce -17.6% |
| XOM Exxon Mobil Corp. | 1.62% | 116,383 | $13.4M | Reduce -29.6% |
| WBA Walgreens Boots Alliance Inc. | 1.55% | 1,059,500 | $12.8M | Reduce -17.6% |
| MU Micron Technology Inc. | 1.50% | 94,006 | $12.4M | Reduce -68.7% |
| DOW Dow Inc. | 1.49% | 231,337 | $12.3M | Reduce -25.5% |
| GOOGL Alphabet Inc. Class A | 1.43% | 64,600 | $11.8M | Reduce -68.8% |
| DG Dollar General Corp. | 1.16% | 72,500 | $9.6M | New |
| G Genpact Ltd. | 0.81% | 206,900 | $6.7M | New |
| PII Polaris Inc. | 0.59% | 62,400 | $4.9M | New |
| WH Wyndham Hotels & Resorts Inc. | 0.42% | 46,942 | $3.5M | New |
Portfolio Sells Q1 2024 → Q2 2024
| MU Micron Technology Inc. | Reduce -68.7% | 1.50% | −1.95 |
| WFC Wells Fargo & Co. | Sold out | 0.00% | −1.84 |
| GOOGL Alphabet Inc. Class A | Reduce -68.8% | 1.43% | −1.55 |
| AXP American Express Co. | Sold out | 0.00% | −1.06 |
| HCA HCA Healthcare Inc. | Reduce -37.1% | 3.43% | −0.84 |
| WBA Walgreens Boots Alliance Inc. | Reduce -17.6% | 1.55% | −0.77 |
| CVS CVS Health Corp. | Reduce -8.1% | 5.67% | −0.66 |
| HOG Harley-Davidson Inc. | Reduce -22.4% | 2.00% | −0.55 |
| EBAY eBay Inc. | Reduce -37.7% | 2.84% | −0.54 |
| TS Tenaris SA-ADR | Reduce -17.8% | 2.26% | −0.45 |
| SWK Stanley Black & Decker Inc. | Reduce -17.7% | 2.27% | −0.24 |
| KMX Carmax Inc. | Reduce -13.5% | 5.63% | −0.18 |
| DOW Dow Inc. | Reduce -25.5% | 1.49% | −0.18 |
| XOM Exxon Mobil Corp. | Reduce -29.6% | 1.62% | −0.16 |
| CI The Cigna Group | Reduce -18.7% | 4.93% | −0.16 |
| LYB Lyondellbasell Indu Class A | Reduce -18.0% | 4.65% | +0.04 |
| NOV Nov Inc. | Reduce -17.9% | 1.96% | +0.07 |
| STT State Street Corp. | Reduce -18.0% | 2.54% | +0.07 |
| KT KT Corp.-SP ADR | Reduce -17.7% | 1.74% | +0.11 |
| AMG Affiliated Managers Group | Reduce -17.9% | 10.49% | +0.14 |
| SYY Sysco Corp. | Reduce -4.9% | 2.09% | +0.20 |
| VALE Vale SA-SP ADR | Reduce -9.4% | 2.42% | +0.21 |
| FDX FedEx Corp. | Reduce -17.6% | 1.64% | +0.22 |
| CMCSA Comcast Corp. Class A | Reduce -14.8% | 7.16% | +0.24 |
| LUV Southwest Airlines Co. | Reduce -18.0% | 5.18% | +0.27 |
| CHKP Check Point Software Tech | Reduce -18.0% | 4.92% | +0.37 |
| LBYAV Liberty Global PLC-A-Wi | Reduce -18.0% | 3.48% | +0.40 |
Portfolio Buys Q1 2024 → Q2 2024
| RHI Robert Half Inc. | New | 2.82% | +2.82 |
| ABEV Ambev SA-ADR | Add +43.4% | 3.62% | +1.35 |
| DG Dollar General Corp. | New | 1.16% | +1.16 |
| SEE Sealed Air Corp. | Add +35.5% | 2.24% | +0.90 |
| G Genpact Ltd. | New | 0.81% | +0.81 |
| MDT Medtronic PLC | Add +7.8% | 3.43% | +0.75 |
| PII Polaris Inc. | New | 0.59% | +0.59 |
| WH Wyndham Hotels & Resorts Inc. | New | 0.42% | +0.42 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 29 | $412.1M | AMG, CVS, LUV, DG, ABEV |
| Q1 2026 | 25 | $371.7M | AMG, DG, CVS, CMCSA, ABEV |
| Q4 2025 | 28 | $461.7M | AMG, DG, CVS, LUV, CMCSA |
| Q3 2025 | 28 | $498.9M | AMG, CVS, DG, CMCSA, CI |
| Q2 2025 | 27 | $497.3M | AMG, DG, CMCSA, CVS, CI |
| Q1 2025 | 29 | $524.7M | AMG, CMCSA, CVS, DG, LUV |
| Q4 2024 | 31 | $605.2M | AMG, CMCSA, KMX, LUV, DG |
| Q3 2024 | 33 | $735.7M | AMG, CMCSA, CVS, KMX, LUV |
| Q2 2024 | 33 | $824.8M | AMG, CMCSA, CVS, KMX, LUV |
| Q1 2024 | 30 | $1.1B | AMG, CMCSA, CVS, KMX, CI |