Kiltearn Partners LLP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Kiltearn Partners LLP reported 28 stock positions worth $461.7 million. Its top holding was Affiliated Managers (AMG) at 14.8% of the portfolio, followed by Dollar General (DG, 9.1%) and CVS Health (CVS, 7.6%). Compared with Q3 2025, it opened 1 new position, sold out of 1, added to 2 and reduced 25. The biggest buy was LKQ (LKQ, shares +115%) and the biggest sale an exit from Sealed Air (SEE).
- Most Recent 13F
- Q2 2026
- Location
- Edinburgh, X0
- CIK
- 0001582633
- Portfolio Value
- $461.7M (Q4 2025)
- SEC Filing
- 0000929638-26-000627 ↗ filed Feb 13, 2026
Holdings Value
Holdings 28 stocks · $461.7M
| AMG Affiliated Managers Group | 14.76% | 236,414 | $68.2M | Reduce -16.7% |
| DG Dollar General Corp. | 9.10% | 316,500 | $42.0M | Reduce -16.7% |
| CVS CVS Health Corp. | 7.59% | 441,768 | $35.1M | Reduce -16.7% |
| LUV Southwest Airlines Co. | 6.39% | 713,283 | $29.5M | Reduce -16.6% |
| CMCSA Comcast Corp. Class A | 6.27% | 968,361 | $28.9M | Reduce -10.7% |
| CI The Cigna Group | 5.39% | 90,413 | $24.9M | Reduce -7.5% |
| ABEV Ambev SA-ADR | 5.05% | 9,445,900 | $23.3M | Reduce -14.5% |
| MDT Medtronic PLC | 3.76% | 180,761 | $17.4M | Reduce -16.5% |
| KMX Carmax Inc. | 3.70% | 442,200 | $17.1M | Add +17.4% |
| HCA HCA Healthcare Inc. | 3.62% | 35,800 | $16.7M | Reduce -16.2% |
| VALE Vale SA-SP ADR | 3.27% | 1,157,336 | $15.1M | Reduce -17.0% |
| LKQ LKQ Corp. | 3.24% | 495,500 | $15.0M | Add +114.6% |
| GILD Gilead Sciences Inc. | 3.23% | 121,300 | $14.9M | Reduce -16.8% |
| SWK Stanley Black & Decker Inc. | 2.49% | 154,500 | $11.5M | Reduce -16.3% |
| RHI Robert Half Inc. | 2.27% | 386,500 | $10.5M | Reduce -16.4% |
| EBAY eBay Inc. | 2.27% | 120,194 | $10.5M | Reduce -16.4% |
| LYB Lyondellbasell Indu Class A | 2.22% | 236,900 | $10.3M | Reduce -4.9% |
| TS Tenaris SA-ADR | 2.07% | 248,859 | $9.6M | Reduce -16.6% |
| SYY Sysco Corp. | 1.94% | 121,500 | $9.0M | Reduce -16.1% |
| LBYAV Liberty Global PLC-A-Wi | 1.80% | 746,337 | $8.3M | Reduce -16.4% |
| FDX FedEx Corp. | 1.70% | 27,200 | $7.9M | Reduce -15.5% |
| SOLV Solventum Corp. | 1.35% | 78,909 | $6.3M | Reduce -15.2% |
| NOV Nov Inc. | 1.35% | 397,400 | $6.2M | Reduce -16.9% |
| UPS United Parcel Service Class B | 1.24% | 57,500 | $5.7M | Reduce -15.9% |
| XOM Exxon Mobil Corp. | 1.19% | 45,583 | $5.5M | Reduce -15.3% |
| G Genpact Ltd. | 1.10% | 108,350 | $5.1M | Reduce -16.6% |
| HOG Harley-Davidson Inc. | 0.86% | 193,320 | $4.0M | Reduce -15.3% |
| PVH PVH Corp. | 0.78% | 53,900 | $3.6M | New |
Portfolio Sells Q3 2025 → Q4 2025
| SEE Sealed Air Corp. | Sold out | 0.00% | −2.38 |
| RHI Robert Half Inc. | Reduce -16.4% | 2.27% | −0.88 |
| CMCSA Comcast Corp. Class A | Reduce -10.7% | 6.27% | −0.56 |
| SYY Sysco Corp. | Reduce -16.1% | 1.94% | −0.45 |
| HOG Harley-Davidson Inc. | Reduce -15.3% | 0.86% | −0.42 |
| CVS CVS Health Corp. | Reduce -16.7% | 7.59% | −0.42 |
| MDT Medtronic PLC | Reduce -16.5% | 3.76% | −0.37 |
| EBAY eBay Inc. | Reduce -16.4% | 2.27% | −0.35 |
| SWK Stanley Black & Decker Inc. | Reduce -16.3% | 2.49% | −0.26 |
| CI The Cigna Group | Reduce -7.5% | 5.39% | −0.26 |
| LBYAV Liberty Global PLC-A-Wi | Reduce -16.4% | 1.80% | −0.25 |
| LYB Lyondellbasell Indu Class A | Reduce -4.9% | 2.22% | −0.23 |
| TS Tenaris SA-ADR | Reduce -16.6% | 2.07% | −0.07 |
| HCA HCA Healthcare Inc. | Reduce -16.2% | 3.62% | −0.03 |
| XOM Exxon Mobil Corp. | Reduce -15.3% | 1.19% | −0.03 |
| GILD Gilead Sciences Inc. | Reduce -16.8% | 3.23% | −0.02 |
| SOLV Solventum Corp. | Reduce -15.2% | 1.35% | −0.01 |
| G Genpact Ltd. | Reduce -16.6% | 1.10% | +0.01 |
| NOV Nov Inc. | Reduce -16.9% | 1.35% | +0.08 |
| UPS United Parcel Service Class B | Reduce -15.9% | 1.24% | +0.09 |
| ABEV Ambev SA-ADR | Reduce -14.5% | 5.05% | +0.12 |
| FDX FedEx Corp. | Reduce -15.5% | 1.70% | +0.18 |
| VALE Vale SA-SP ADR | Reduce -17.0% | 3.27% | +0.23 |
| LUV Southwest Airlines Co. | Reduce -16.6% | 6.39% | +0.91 |
| AMG Affiliated Managers Group | Reduce -16.7% | 14.76% | +1.20 |
| DG Dollar General Corp. | Reduce -16.7% | 9.10% | +1.23 |
Portfolio Buys Q3 2025 → Q4 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 |