Kiltearn Partners LLP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Kiltearn Partners LLP reported 27 stock positions worth $497.3 million. Its top holding was Affiliated Managers (AMG) at 11.9% of the portfolio, followed by Dollar General (DG, 8.8%) and Comcast Class A (CMCSA, 7.6%). Compared with Q1 2025, it sold out of 2, added to 6 and reduced 21. The biggest buy was Dollar General (DG, shares +3%) and the biggest sale an exit from Polaris (PII).
- Most Recent 13F
- Q2 2026
- Location
- Edinburgh, X0
- CIK
- 0001582633
- Portfolio Value
- $497.3M (Q2 2025)
- SEC Filing
- 0000950123-25-007666 ↗ filed Aug 13, 2025
Holdings Value
Holdings 27 stocks · $497.3M
| AMG Affiliated Managers Group | 11.87% | 300,114 | $59.1M | Reduce -7.8% |
| DG Dollar General Corp. | 8.84% | 384,300 | $44.0M | Add +3.1% |
| CMCSA Comcast Corp. Class A | 7.60% | 1,058,561 | $37.8M | Reduce -7.7% |
| CVS CVS Health Corp. | 7.24% | 521,668 | $36.0M | Reduce -5.7% |
| CI The Cigna Group | 5.98% | 89,900 | $29.7M | Reduce -5.3% |
| LUV Southwest Airlines Co. | 5.82% | 892,083 | $28.9M | Reduce -7.6% |
| KMX Carmax Inc. | 5.29% | 391,400 | $26.3M | Reduce -2.0% |
| ABEV Ambev SA-ADR | 5.07% | 10,455,700 | $25.2M | Reduce -8.0% |
| MDT Medtronic PLC | 4.08% | 232,761 | $20.3M | Reduce -7.5% |
| LYB Lyondellbasell Indu Class A | 3.10% | 266,200 | $15.4M | Reduce -1.7% |
| HCA HCA Healthcare Inc. | 3.04% | 39,500 | $15.1M | Reduce -7.5% |
| GILD Gilead Sciences Inc. | 3.00% | 134,400 | $14.9M | Reduce -8.0% |
| VALE Vale SA-SP ADR | 2.94% | 1,503,436 | $14.6M | Reduce -7.9% |
| RHI Robert Half Inc. | 2.71% | 328,900 | $13.5M | Add +22.4% |
| SWK Stanley Black & Decker Inc. | 2.70% | 197,900 | $13.4M | Add +23.0% |
| EBAY eBay Inc. | 2.58% | 171,994 | $12.8M | Reduce -7.6% |
| TS Tenaris SA-ADR | 2.40% | 319,559 | $12.0M | Add +85.8% |
| SYY Sysco Corp. | 2.38% | 156,200 | $11.8M | Reduce -7.3% |
| SEE Sealed Air Corp. | 2.27% | 363,400 | $11.3M | Reduce -7.4% |
| LBYAV Liberty Global PLC-A-Wi | 1.94% | 963,837 | $9.6M | Reduce -14.6% |
| SOLV Solventum Corp. | 1.52% | 99,500 | $7.5M | Reduce -1.1% |
| FDX FedEx Corp. | 1.41% | 30,900 | $7.0M | Add +4.4% |
| NOV Nov Inc. | 1.29% | 516,700 | $6.4M | Reduce -6.8% |
| UPS United Parcel Service Class B | 1.29% | 63,600 | $6.4M | Add +24.2% |
| XOM Exxon Mobil Corp. | 1.26% | 58,183 | $6.3M | Reduce -6.6% |
| G Genpact Ltd. | 1.23% | 138,950 | $6.1M | Reduce -6.6% |
| HOG Harley-Davidson Inc. | 1.18% | 247,820 | $5.8M | Reduce -6.8% |
Portfolio Sells Q1 2025 → Q2 2025
| PII Polaris Inc. | Sold out | 0.00% | −1.95 |
| KMX Carmax Inc. | Reduce -2.0% | 5.29% | −0.64 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −0.58 |
| LYB Lyondellbasell Indu Class A | Reduce -1.7% | 3.10% | −0.54 |
| LBYAV Liberty Global PLC-A-Wi | Reduce -14.6% | 1.94% | −0.54 |
| CMCSA Comcast Corp. Class A | Reduce -7.7% | 7.60% | −0.46 |
| LUV Southwest Airlines Co. | Reduce -7.6% | 5.82% | −0.36 |
| NOV Nov Inc. | Reduce -6.8% | 1.29% | −0.32 |
| MDT Medtronic PLC | Reduce -7.5% | 4.08% | −0.23 |
| G Genpact Ltd. | Reduce -6.6% | 1.23% | −0.20 |
| VALE Vale SA-SP ADR | Reduce -7.9% | 2.94% | −0.17 |
| XOM Exxon Mobil Corp. | Reduce -6.6% | 1.26% | −0.15 |
| GILD Gilead Sciences Inc. | Reduce -8.0% | 3.00% | −0.12 |
| HOG Harley-Davidson Inc. | Reduce -6.8% | 1.18% | −0.10 |
| SYY Sysco Corp. | Reduce -7.3% | 2.38% | −0.03 |
| ABEV Ambev SA-ADR | Reduce -8.0% | 5.07% | +0.02 |
| CI The Cigna Group | Reduce -5.3% | 5.98% | +0.03 |
| SOLV Solventum Corp. | Reduce -1.1% | 1.52% | +0.06 |
| CVS CVS Health Corp. | Reduce -5.7% | 7.24% | +0.09 |
| SEE Sealed Air Corp. | Reduce -7.4% | 2.27% | +0.11 |
| EBAY eBay Inc. | Reduce -7.6% | 2.58% | +0.17 |
| HCA HCA Healthcare Inc. | Reduce -7.5% | 3.04% | +0.23 |
| AMG Affiliated Managers Group | Reduce -7.8% | 11.87% | +1.45 |
Portfolio Buys Q1 2025 → Q2 2025
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 |