Knightsbridge Asset Management, LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Knightsbridge Asset Management, LLC reported 117 stock positions worth $440.3 million. Its top holding was Simplify MBS ETF (MTBA) at 5.7% of the portfolio, followed by Ste STR SPDR PT S&P 500 ETF (SPYM, 5.6%) and Ste STR SPDR PT DW Eu ETF (SPDW, 4.7%). Compared with Q2 2024, it opened 12 new positions, sold out of 5, added to 55 and reduced 39. The biggest buy was a new position in Marvell Technology (MRVL) and the biggest sale Celestica (CLS, shares −70%).

Most Recent 13F
Q2 2026
Location
NEWPORT BEACH, CA
CIK
0001332811
Portfolio Value
$440.3M (Q3 2024)
SEC Filing
0001332811-24-000008 ↗ filed Nov 14, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $348.7M Q1 2024 Q2 2024: $398.5M Q2 2024 Q3 2024: $440.3M $440.3M Q3 2024 Q4 2024: $425.5M Q4 2024 Q1 2025: $383.2M Q1 2025 Q2 2025: $446.6M Q2 2025 Q3 2025: $586.7M Q3 2025 Q4 2025: $616.0M Q4 2025 Q1 2026: $737.9M Q1 2026 Q2 2026: $756.5M Q2 2026

Holdings 117 stocks · $440.3M
MTBA Simplify MBS ETF 5.74% 491,108 $25.3M Add +42.7%
SPYM Ste STR SPDR PT S&P 500 ETF 5.56% 362,669 $24.5M Add +1.6%
SPDW Ste STR SPDR PT DW Eu ETF 4.70% 551,398 $20.7M Add +3.6%
AAPL Apple Inc. 4.19% 79,087 $18.4M Add +0.1%
SPEM State Street SP PTF Em ETF 3.81% 406,033 $16.8M Add +3.6%
KCCA Kraneshares California Carbo 3.42% 698,342 $15.1M Add +65.8%
FCNCA First Citizens Bcshs Class A 3.03% 7,246 $13.3M Add +0.1%
SN Sharkninja Inc. 2.79% 113,132 $12.3M Reduce -4.4%
DFAC Dimensional US Core Equity 2 2.60% 333,287 $11.4M Add +2.3%
GOOGL Alphabet Inc. Class A 2.32% 61,595 $10.2M Reduce -2.0%
DGRO iShares Core Dividend Growth 2.22% 155,815 $9.8M Add +1.7%
FICO Fair Isaac Corp. 2.15% 4,871 $9.5M Reduce -0.5%
GDX Vaneck Gold Miners ETF 2.12% 234,576 $9.3M Reduce -2.5%
FFIV F5 Inc. 2.07% 41,371 $9.1M Reduce -5.1%
DHI D.R. Horton Inc. 1.99% 45,815 $8.7M Reduce -2.4%
JQUA JPMorgan US Quality Factor 1.95% 152,110 $8.6M Add +2.2%
MRVL Marvell Technology Inc. 1.91% 116,815 $8.4M New
LDI Loandepot Inc. Class A 1.86% 2,999,295 $8.2M Add +5.6%
LEN Lennar Corp. Class A 1.81% 42,412 $8.0M Reduce -2.2%
V Visa Inc. Class A 1.78% 28,576 $7.9M Reduce -1.9%
CHX Championx Corp. 1.76% 257,907 $7.8M Add +4.2%
AMZN Amazon.com Inc. 1.71% 40,470 $7.5M Add +0.1%
HCA HCA Healthcare Inc. 1.70% 18,381 $7.5M Add +0.5%
ARW Arrow Electronics Inc. 1.69% 56,114 $7.5M New
AXTA Axalta Coating Systems Ltd. 1.67% 203,206 $7.4M Add +5.2%
ZUO Zuora Inc. Class A 1.62% 826,130 $7.1M Add +6.3%
WCC Wesco International Inc. 1.58% 41,338 $6.9M Add +0.9%
MGA Magna International Inc. 1.55% 166,648 $6.8M New
TXT Textron Inc. 1.50% 74,807 $6.6M New
GM General Motors Co. 1.49% 146,589 $6.6M Reduce -2.8%
OSK Oshkosh Corp. 1.41% 61,882 $6.2M Add +4.6%
IWR iShares Russell Mid-Cap ETF 1.25% 62,429 $5.5M Add +1.8%
COST Costco Wholesale Corp. 1.17% 5,824 $5.2M Add +2.6%
AVUS Avantis U.S. Equity ETF 1.15% 53,403 $5.1M Reduce -3.1%
RHP Ryman Hospitality Properties 1.07% 43,920 $4.7M No change
MSFT Microsoft Corp. 1.03% 10,581 $4.6M Add +2.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.03% 114,448 $4.5M Reduce -0.1%
CLS Celestica Inc. 1.00% 86,040 $4.4M Reduce -70.1%
UHAL.B U-Haul Holding Co.-Non Voting 0.97% 59,085 $4.3M No change
PRGO Perrigo Co. PLC 0.92% 154,325 $4.0M Reduce -1.7%
EEFT Euronet Worldwide Inc. 0.88% 39,044 $3.9M Reduce -2.6%
IUSG iShares Core S&P U.S. Growth 0.64% 21,282 $2.8M Add +2.0%
SPSM SS SPDR P S&P 600 Small Cap 0.58% 56,236 $2.6M Add +1.0%
ORI Old Republic Intl Corp. 0.57% 71,104 $2.5M Reduce -0.3%
IVV iShares Core S&P 500 ETF 0.56% 4,277 $2.5M No change
SAIC Science Applications Inte 0.54% 17,098 $2.4M No change
ADBE Adobe Inc. 0.50% 4,264 $2.2M Add +0.1%
IEFA iShares Core MSCI Eafe ETF 0.48% 27,206 $2.1M Add +60.1%
NEM Newmont Corp. 0.46% 37,860 $2.0M No change
APH Amphenol Corp. Class A 0.43% 29,365 $1.9M Reduce -3.5%
MCK McKesson Corp. 0.36% 3,190 $1.6M Add +1.6%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.35% 4,776 $1.5M Add +1.9%
AVSC Avantis US Small Cap Equity 0.33% 27,016 $1.5M Add +4.6%
FLJP Franklin Ftse Japan ETF 0.31% 45,256 $1.4M Add +27.8%
GOOG Alphabet Inc. Class C 0.30% 8,016 $1.3M Reduce -2.3%
NSP Insperity Inc. 0.27% 13,662 $1.2M No change
IBB iShares Biotechnology ETF 0.27% 8,097 $1.2M No change
GSEW Goldman Sachs Eql WGHT Large 0.26% 15,012 $1.2M Reduce -7.8%
PFF iShares Preferred & Income S 0.24% 32,122 $1.1M New
BRK.B Berkshire Hathaway Inc. Class B 0.23% 2,178 $1.0M Reduce -2.1%
GRMN Garmin Ltd. 0.21% 5,332 $939K Reduce -0.5%
AXP American Express Co. 0.21% 3,405 $923K Add +0.4%
META Meta Platforms Inc. Class A 0.20% 1,557 $891K Add +13.7%
RCM R1 RCM Inc. 0.17% 52,056 $738K Add +5.3%
NVDA Nvidia Corp. 0.17% 6,019 $731K Add +50.1%
VTI VG Morningstar TS MKT ETF-US 0.16% 2,556 $724K Reduce -0.7%
BARNES GROUP INC 0.16% 17,737 $717K Reduce -2.1%
ACN Accenture PLC Class A 0.16% 2,019 $714K Add +8.6%
LLY Eli Lilly & Co. 0.16% 798 $707K Add +14.0%
IBBQ Invesco Nasdaq Biotech ETF 0.16% 29,300 $697K No change
GRSD Grandstand Ltd. filed as GAMBLING COM GROUP LIMITED 0.16% 69,417 $696K Reduce -0.6%
ACRE Ares Commercial Real Estate 0.16% 97,814 $685K Add +6.1%
OUNZ Vaneck Merk Gold ETF 0.15% 26,830 $681K Add +1.4%
AVGO Broadcom Inc. 0.15% 3,923 $677K Add +9.9%
PH Parker Hannifin Corp. 0.15% 1,052 $665K Reduce -6.9%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.15% 5,637 $663K Add +2.9%
GD General Dynamics Corp. 0.15% 2,118 $640K Reduce -0.1%
VOO Vanguard S&P 500 ETF 0.14% 1,210 $638K Add +10.3%
BLK BlackRock Finance Inc. 0.14% 671 $637K Add +4.3%
CR Crane Co. 0.14% 3,955 $626K Reduce -2.9%
WINA Winmark Corp. 0.13% 1,513 $579K Reduce -1.8%
BRSP Brightspire Capital Inc. 0.13% 101,313 $567K Reduce -4.5%
SBUX Starbucks Corp. 0.12% 5,545 $541K Add +4.4%
CTSH Cognizant Tech Solutions-A 0.12% 6,846 $528K Add +1.6%
NEWT Newtekone Inc. 0.12% 41,651 $519K Reduce -1.6%
UHAL U-Haul Holding Co. 0.12% 6,565 $509K No change
KKR KKR & Co. Inc. 0.11% 3,825 $499K Reduce -0.3%
FAF First American Financial 0.11% 7,512 $496K Add +0.0%
DCH Dauch Corporation filed as AMERICAN AXLE & MFG HLDGS IN 0.10% 69,326 $428K Reduce -3.2%
IBIT iShares Bitcoin Trust ETF 0.09% 11,350 $410K Add +14.0%
NVS Novartis AG-Sponsored ADR 0.09% 3,394 $390K Add +7.6%
ADP Automatic Data Processing 0.09% 1,398 $387K Add +0.5%
INGR Ingredion Inc. 0.09% 2,750 $378K Reduce -2.0%
SPY SS SPDR S&P 500 ETF Trust-US 0.08% 623 $357K Add +3.5%
TSLA Tesla Inc. 0.08% 1,326 $347K Add +0.1%
FIXD First Trust Smith Opportunis 0.08% 7,596 $344K Add +11.0%
CVX Chevron Corp. 0.08% 2,332 $343K Add +11.3%
MSM MSC Industrial Direct Co. Class A 0.08% 3,938 $339K Reduce -10.1%
HFRO Highland Opport & Income 0.07% 53,393 $327K Add +1.9%
QTEC First Trust Nasdq 100 Tech I 0.07% 1,700 $325K No change
ALV Autoliv Inc. 0.07% 3,115 $291K Reduce -7.4%
PGR Progressive Corp. 0.07% 1,132 $287K Add +1.0%
APO Apollo Global Management Inc. 0.06% 2,169 $271K Reduce -4.4%
NOW ServiceNow Inc. 0.06% 298 $267K Add +1.7%
GS Goldman Sachs Group Inc. 0.06% 527 $261K Add +0.2%
CHKP Check Point Software Tech 0.05% 1,191 $230K Reduce -4.3%
UL Unilever PLC 0.05% 3,533 $230K New
HD Home Depot Inc. 0.05% 566 $229K New
WMT Walmart Inc. 0.05% 2,821 $228K Reduce -31.2%
SAH Sonic Automotive Inc. Class A 0.05% 3,861 $226K Reduce -2.4%
UNH Unitedhealth Group Inc. 0.05% 381 $223K New
LMT Lockheed Martin Corp. 0.05% 368 $215K New
CEF Sprott Physical Gold and Sil 0.05% 8,645 $212K New
VGT Vanguard Info Tech ETF 0.05% 360 $211K No change
GL Globe Life Inc. 0.05% 1,967 $208K New
CXT Crane NXT Co. 0.05% 3,685 $207K Reduce -0.3%
SKIN Skinhealth Systems Inc. filed as THE BEAUTY HEALTH COMPANY 0.03% 81,482 $117K New
Other holdings (1): bonds, preferreds, convertibles and warrants · $5.4M (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 4,200$5.4MAdd +13.9%

Total filed on the 13F, all lines: $445.7M.

Portfolio Sells Q2 2024 → Q3 2024
CLS Celestica Inc. Reduce -70.1% 1.00% −3.14
RYAN Ryan Specialty Holdings Inc. Sold out 0.00% −2.05
BRC Brady Corporation Class A Sold out 0.00% −2.04
SMCI Super Micro Computer Inc. Sold out 0.00% −1.18
KRBN KS Global Carbon Stratgy ETF Sold out 0.00% −0.90
GOOGL Alphabet Inc. Class A Reduce -2.0% 2.32% −0.55
GM General Motors Co. Reduce -2.8% 1.49% −0.27
EEFT Euronet Worldwide Inc. Reduce -2.6% 0.88% −0.16
V Visa Inc. Class A Reduce -1.9% 1.78% −0.13
BAC Bank of America Corp. Reduce -0.1% 1.03% −0.11
AVUS Avantis U.S. Equity ETF Reduce -3.1% 1.15% −0.09
PRGO Perrigo Co. PLC Reduce -1.7% 0.92% −0.09
BX Blackstone Inc. Sold out 0.00% −0.08
APH Amphenol Corp. Class A Reduce -3.5% 0.43% −0.08
GOOG Alphabet Inc. Class C Reduce -2.3% 0.30% −0.07
DCH Dauch Corporation Reduce -3.2% 0.10% −0.03
GSEW Goldman Sachs Eql WGHT Large Reduce -7.8% 0.26% −0.03
BARNES GROUP INC Reduce -2.1% 0.16% −0.03
ALV Autoliv Inc. Reduce -7.4% 0.07% −0.02
BRSP Brightspire Capital Inc. Reduce -4.5% 0.13% −0.02
WMT Walmart Inc. Reduce -31.2% 0.05% −0.02
NEWT Newtekone Inc. Reduce -1.6% 0.12% −0.02
MSM MSC Industrial Direct Co. Class A Reduce -10.1% 0.08% −0.01
CXT Crane NXT Co. Reduce -0.3% 0.05% −0.01
GD General Dynamics Corp. Reduce -0.1% 0.15% −0.01
VTI VG Morningstar TS MKT ETF-US Reduce -0.7% 0.16% −0.01
CR Crane Co. Reduce -2.9% 0.14% −0.01
GRMN Garmin Ltd. Reduce -0.5% 0.21% −0.01
APO Apollo Global Management Inc. Reduce -4.4% 0.06% −0.01
WINA Winmark Corp. Reduce -1.8% 0.13% −0.00
SAH Sonic Automotive Inc. Class A Reduce -2.4% 0.05% −0.00
BRK.B Berkshire Hathaway Inc. Class B Reduce -2.1% 0.23% +0.00
CHKP Check Point Software Tech Reduce -4.3% 0.05% +0.00
INGR Ingredion Inc. Reduce -2.0% 0.09% +0.01
PH Parker Hannifin Corp. Reduce -6.9% 0.15% +0.01
KKR KKR & Co. Inc. Reduce -0.3% 0.11% +0.01
GRSD Grandstand Ltd. Reduce -0.6% 0.16% +0.01
ORI Old Republic Intl Corp. Reduce -0.3% 0.57% +0.02
GDX Vaneck Gold Miners ETF Reduce -2.5% 2.12% +0.07
LEN Lennar Corp. Class A Reduce -2.2% 1.81% +0.17
FFIV F5 Inc. Reduce -5.1% 2.07% +0.19
FICO Fair Isaac Corp. Reduce -0.5% 2.15% +0.32
DHI D.R. Horton Inc. Reduce -2.4% 1.99% +0.32
SN Sharkninja Inc. Reduce -4.4% 2.79% +0.56

Portfolio Buys Q2 2024 → Q3 2024
MRVL Marvell Technology Inc. New 1.91% +1.91
ARW Arrow Electronics Inc. New 1.69% +1.69
MGA Magna International Inc. New 1.55% +1.55
TXT Textron Inc. New 1.50% +1.50
MTBA Simplify MBS ETF Add +42.7% 5.74% +1.39
KCCA Kraneshares California Carbo Add +65.8% 3.42% +1.05
LDI Loandepot Inc. Class A Add +5.6% 1.86% +0.68
PFF iShares Preferred & Income S New 0.24% +0.24
HCA HCA Healthcare Inc. Add +0.5% 1.70% +0.22
IEFA iShares Core MSCI Eafe ETF Add +60.1% 0.48% +0.17
SPEM State Street SP PTF Em ETF Add +3.6% 3.81% +0.10
FLJP Franklin Ftse Japan ETF Add +27.8% 0.31% +0.06
HD Home Depot Inc. New 0.05% +0.05
UL Unilever PLC New 0.05% +0.05
UNH Unitedhealth Group Inc. New 0.05% +0.05
LMT Lockheed Martin Corp. New 0.05% +0.05
CEF Sprott Physical Gold and Sil New 0.05% +0.05
GL Globe Life Inc. New 0.05% +0.05
NVDA Nvidia Corp. Add +50.1% 0.17% +0.04
META Meta Platforms Inc. Class A Add +13.7% 0.20% +0.03
SKIN Skinhealth Systems Inc. New 0.03% +0.03
SPDW Ste STR SPDR PT DW Eu ETF Add +3.6% 4.70% +0.02
ACN Accenture PLC Class A Add +8.6% 0.16% +0.02
SBUX Starbucks Corp. Add +4.4% 0.12% +0.02
BLK BlackRock Finance Inc. Add +4.3% 0.14% +0.02
AXTA Axalta Coating Systems Ltd. Add +5.2% 1.67% +0.01
TSLA Tesla Inc. Add +0.1% 0.08% +0.01
AXP American Express Co. Add +0.4% 0.21% +0.01
RCM R1 RCM Inc. Add +5.3% 0.17% +0.01
FAF First American Financial Add +0.0% 0.11% +0.01
AVGO Broadcom Inc. Add +9.9% 0.15% +0.01
AAPL Apple Inc. Add +0.1% 4.19% +0.01
AVSC Avantis US Small Cap Equity Add +4.6% 0.33% +0.01
IBIT iShares Bitcoin Trust ETF Add +14.0% 0.09% +0.01
VOO Vanguard S&P 500 ETF Add +10.3% 0.14% +0.01
PGR Progressive Corp. Add +1.0% 0.07% +0.01
OUNZ Vaneck Merk Gold ETF Add +1.4% 0.15% +0.01
CTSH Cognizant Tech Solutions-A Add +1.6% 0.12% +0.01
ADP Automatic Data Processing Add +0.5% 0.09% +0.00
NVS Novartis AG-Sponsored ADR Add +7.6% 0.09% +0.00
FIXD First Trust Smith Opportunis Add +11.0% 0.08% +0.00
DGRO iShares Core Dividend Growth Add +1.7% 2.22% +0.00
NOW ServiceNow Inc. Add +1.7% 0.06% +0.00
ACRE Ares Commercial Real Estate Add +6.1% 0.16% +0.00
IWR iShares Russell Mid-Cap ETF Add +1.8% 1.25% +0.00
LLY Eli Lilly & Co. Add +14.0% 0.16% +0.00
SPSM SS SPDR P S&P 600 Small Cap Add +1.0% 0.58% +0.00
GS Goldman Sachs Group Inc. Add +0.2% 0.06% −0.00
TJX TJX Companies Inc. Add +2.9% 0.15% −0.00
SPY SS SPDR S&P 500 ETF Trust-US Add +3.5% 0.08% −0.00

Notes & Other Activity Q2 2024 → Q3 2024
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Add +13.9% 4,200 $5.4M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026Amended 301$756.5MUSFR, MTBA, SPDW, SIMO, SPYM
Q1 2026 260$737.9MSGOV, USFR, MTBA, SPDW, SPYM
Q4 2025 218$616.0MUSFR, MTBA, SPDW, SPYM, AAPL
Q3 2025 174$586.7MUSFR, SPDW, MTBA, SPYM, AAPL
Q2 2025 151$446.6MMTBA, SPYM, SPDW, SPEM, KCCA
Q1 2025Amended 124$383.2MMTBA, SPYM, SPDW, AAPL, SPEM
Q4 2024 116$425.5MMTBA, SPYM, SPDW, AAPL, SPEM
Q3 2024 117$440.3MMTBA, SPYM, SPDW, AAPL, SPEM
Q2 2024Amended 110$398.5MSPYM, SPDW, MTBA, AAPL, CLS
Q1 2024 118$348.7MKCCA, SPYM, SPDW, AAPL, SPEM