Knightsbridge Asset Management, LLC

Name: KNIGHTSBRIDGE ASSET MANAGEMENT, LLC 13F holdings, Q1 2025
Creator: KNIGHTSBRIDGE ASSET MANAGEMENT, LLC
Published: 2025-05-16

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 16, 2025), Knightsbridge Asset Management, LLC reported 124 stock positions worth $383.2 million. Its top holding was Simplify MBS ETF (MTBA) at 7.5% of the portfolio, followed by Ste STR SPDR PT S&P 500 ETF (SPYM, 6.1%) and Ste STR SPDR PT DW Eu ETF (SPDW, 5.5%). Compared with Q4 2024, it opened 18 new positions, sold out of 10, added to 38 and reduced 63. The biggest buy was a new position in Western Digital (WDC) and the biggest sale an exit from Zuora Class A (ZUO).

Most Recent 13F: Q2 2026
Location: NEWPORT BEACH, CA
CIK: 0001332811
Portfolio Value: $383.2M (Q1 2025)
SEC Filing: 0001332811-25-000005 ↗ filed May 16, 2025

Holdings Value

Holdings 124 stocks · $383.2M


MTBA Simplify MBS ETF	7.48%	571,421	$28.7M	Add +2.5%
SPYM Ste STR SPDR PT S&P 500 ETF	6.07%	353,686	$23.3M	Reduce -0.9%
SPDW Ste STR SPDR PT DW Eu ETF	5.48%	576,824	$21.0M	Reduce -0.2%
AAPL Apple Inc.	4.54%	78,273	$17.4M	Add +0.6%
SPEM State Street SP PTF Em ETF	4.38%	425,894	$16.8M	Add +1.4%
KCCA Kraneshares California Carbo	3.02%	694,485	$11.6M	Add +5.6%
DFAC Dimensional US Core Equity 2	2.93%	340,856	$11.2M	Reduce 0.0%
UAL United Airlines Holdings Inc.	2.63%	146,086	$10.1M	Reduce -0.9%
DGRO iShares Core Dividend Growth	2.63%	162,985	$10.1M	Add +0.6%
V Visa Inc. Class A	2.41%	26,339	$9.2M	Reduce -6.1%
SN Sharkninja Inc.	2.29%	105,411	$8.8M	Reduce -4.0%
JQUA JPMorgan US Quality Factor	2.27%	154,157	$8.7M	Reduce -0.5%
GOOGL Alphabet Inc. Class A	2.25%	55,744	$8.6M	Reduce -6.1%
AMZN Amazon.com Inc.	2.10%	42,248	$8.0M	Add +4.0%
FICO Fair Isaac Corp.	2.07%	4,304	$7.9M	Reduce -8.3%
CHX Championx Corp.	1.90%	244,079	$7.3M	Reduce -2.7%
GM General Motors Co.	1.73%	141,034	$6.6M	Reduce -0.6%
MRVL Marvell Technology Inc.	1.72%	106,745	$6.6M	Reduce -4.2%
HCA HCA Healthcare Inc.	1.61%	17,875	$6.2M	Reduce -2.6%
AXTA Axalta Coating Systems Ltd.	1.59%	184,230	$6.1M	Reduce -6.9%
COST Costco Wholesale Corp.	1.44%	5,841	$5.5M	Add +0.4%
PFF iShares Preferred & Income S	1.44%	179,124	$5.5M	Add +61.3%
OSK Oshkosh Corp.	1.43%	58,288	$5.5M	Add +1.0%
IWR iShares Russell Mid-Cap ETF	1.38%	62,269	$5.3M	Reduce -3.5%
DHI D.R. Horton Inc.	1.38%	41,614	$5.3M	Reduce -5.8%
GDX Vaneck Gold Miners ETF	1.37%	114,112	$5.2M	Reduce -3.3%
MGA Magna International Inc.	1.31%	147,767	$5.0M	Reduce -6.0%
TXT Textron Inc.	1.30%	68,925	$5.0M	Reduce -2.4%
ARW Arrow Electronics Inc.	1.29%	47,577	$4.9M	Reduce -1.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP	1.20%	109,887	$4.6M	Reduce -1.4%
FCNCA First Citizens Bcshs Class A	1.16%	2,390	$4.4M	Reduce -22.9%
MSFT Microsoft Corp.	1.14%	11,627	$4.4M	Add +7.8%
NICE Nice Ltd. - Spon ADR	1.14%	28,290	$4.4M	Reduce -4.8%
LEN Lennar Corp. Class A	1.13%	37,781	$4.3M	Reduce -7.9%
WDC Western Digital Corp.	1.01%	96,008	$3.9M	New
LDI Loandepot Inc. Class A	0.96%	3,105,873	$3.7M	Add +0.6%
RHP Ryman Hospitality Properties	0.95%	39,688	$3.6M	Reduce -7.0%
UHAL.B U-Haul Holding Co.-Non Voting	0.80%	51,645	$3.1M	Reduce -10.1%
IUSG iShares Core S&P U.S. Growth	0.68%	20,524	$2.6M	Reduce -4.4%
ORI Old Republic Intl Corp.	0.66%	64,934	$2.5M	Reduce -7.7%
IVV iShares Core S&P 500 ETF	0.63%	4,277	$2.4M	Reduce -0.3%
SPSM SS SPDR P S&P 600 Small Cap	0.59%	55,447	$2.3M	Reduce -4.3%
MCK McKesson Corp.	0.58%	3,299	$2.2M	Add +1.2%
AVUS Avantis U.S. Equity ETF	0.54%	22,309	$2.1M	Reduce -56.9%
APH Amphenol Corp. Class A	0.51%	29,959	$2.0M	Add +3.4%
ADBE Adobe Inc.	0.47%	4,670	$1.8M	Add +9.4%
SAIC Science Applications Inte	0.44%	14,986	$1.7M	Reduce -12.4%
NEM Newmont Corp.	0.43%	34,037	$1.6M	Reduce -10.1%
SNDK Sandisk Corp.	0.40%	32,043	$1.5M	New
MGK Vngrd Mrgstr MG CP GR ETF-Ui	0.39%	4,804	$1.5M	Reduce -0.3%
IEUR iShares Core MSCI Europe ETF	0.37%	23,491	$1.4M	New
AVSC Avantis US Small Cap Equity	0.37%	29,036	$1.4M	Add +5.0%
GOOG Alphabet Inc. Class C	0.36%	8,877	$1.4M	Add +7.5%
FLJP Franklin Ftse Japan ETF	0.36%	46,967	$1.4M	Add +4.7%
META Meta Platforms Inc. Class A	0.34%	2,289	$1.3M	Add +36.4%
NVDA Nvidia Corp.	0.32%	11,324	$1.2M	Add +71.1%
IEFA iShares Core MSCI Eafe ETF	0.32%	16,119	$1.2M	Add +45.0%
BRK.B Berkshire Hathaway Inc. Class B	0.32%	2,283	$1.2M	Add +3.6%
NSP Insperity Inc.	0.30%	12,774	$1.1M	Reduce -3.6%
GRMN Garmin Ltd.	0.27%	4,750	$1.0M	Add +1.7%
AXP American Express Co.	0.24%	3,366	$906K	Add +11.4%
IBB iShares Biotechnology ETF	0.22%	6,690	$856K	Reduce -16.6%
AVGO Broadcom Inc.	0.22%	4,982	$834K	Add +18.2%
OUNZ Vaneck Merk Gold ETF	0.21%	26,838	$809K	Add +7.5%
BRK.A Berkshire Hathaway Inc. Class A	0.21%	1	$798K	New
GRSD Grandstand Ltd. filed as GAMBLING COM GROUP LIMITED	0.20%	61,627	$778K	Reduce -6.8%
LLY Eli Lilly & Co.	0.19%	898	$741K	Add +10.5%
VTI VG Morningstar TS MKT ETF-US	0.18%	2,545	$700K	Reduce -0.9%
CHGG Chegg Inc.	0.18%	1,069,626	$684K	Reduce -16.2%
BLK BlackRock Inc.	0.18%	716	$678K	Reduce -0.4%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.17%	5,247	$639K	Reduce -3.5%
PH Parker Hannifin Corp.	0.17%	1,045	$635K	Reduce -0.5%
IBBQ Invesco Nasdaq Biotech ETF	0.16%	29,300	$621K	No change
VOO Vanguard S&P 500 ETF	0.16%	1,174	$603K	Reduce -3.0%
HUT Hut 8 Corp.	0.16%	51,231	$595K	Reduce -30.1%
CR Crane Co.	0.16%	3,886	$595K	Reduce -0.4%
ACN Accenture PLC Class A	0.15%	1,867	$582K	Reduce -6.3%
IBIT iShares Bitcoin Trust ETF	0.15%	12,357	$578K	No change
CVX Chevron Corp.	0.15%	3,344	$559K	Add +51.2%
BTDR Bitdeer Technologies Group-A	0.14%	62,396	$551K	Reduce -32.5%
SBUX Starbucks Corp.	0.14%	5,391	$529K	Reduce -2.9%
GD General Dynamics Corp.	0.13%	1,894	$516K	Reduce -3.7%
FAF First American Financial	0.13%	7,778	$510K	Add +3.8%
CTSH Cognizant Tech Solutions-A	0.13%	6,565	$502K	Reduce -8.8%
TSLA Tesla Inc.	0.12%	1,795	$465K	Add +22.6%
GSEW Goldman Sachs Eql WGHT Large	0.12%	6,108	$464K	Reduce -51.5%
HD Home Depot Inc.	0.12%	1,261	$462K	Add +79.9%
JNJ Johnson & Johnson	0.12%	2,696	$447K	New
ADP Automatic Data Processing	0.11%	1,410	$431K	Add +0.8%
WINA Winmark Corp.	0.11%	1,294	$411K	Reduce -3.6%
NVS Novartis AG-Sponsored ADR	0.11%	3,674	$410K	Reduce -4.6%
XOM Exxon Mobil Corp.	0.11%	3,424	$407K	Add +40.6%
GS Goldman Sachs Group Inc.	0.11%	740	$404K	Add +44.0%
UHAL U-Haul Holding Co.	0.10%	6,091	$398K	Reduce -4.6%
KKR KKR & Co. Inc.	0.10%	3,421	$395K	Reduce -6.8%
ABBV Abbvie Inc.	0.10%	1,810	$379K	Add +56.9%
PGR Progressive Corp.	0.10%	1,325	$375K	Add +26.3%
NOW ServiceNow Inc.	0.09%	452	$360K	Add +49.7%
ACRE Ares Commercial Real Estate	0.09%	77,567	$359K	Reduce -9.9%
SPY SS SPDR S&P 500 ETF Trust-US	0.09%	627	$351K	No change
JPM JPMorgan Chase & Co.	0.09%	1,416	$347K	New
FIXD First Trust Smith Opportunis	0.09%	7,813	$343K	Reduce -23.6%
INGR Ingredion Inc.	0.09%	2,513	$340K	Reduce -6.4%
UNH Unitedhealth Group Inc.	0.08%	601	$315K	New
GE General Electric filed as GE AEROSPACE	0.08%	1,560	$312K	New
WMT Walmart Inc.	0.08%	3,380	$297K	Add +16.1%
QTEC First Trust Nasdq 100 Tech I	0.08%	1,700	$295K	No change
APO Apollo Global Management Inc.	0.08%	2,126	$291K	Reduce -2.3%
MCD McDonald's Corp.	0.08%	926	$289K	New
UL Unilever PLC	0.07%	4,772	$284K	Reduce -6.0%
GL Globe Life Inc.	0.07%	1,995	$263K	New
CEF Sprott Physical Gold and Sil	0.06%	8,645	$246K	No change
TRV The Travelers Cos Inc.	0.06%	919	$243K	New
DOX Amdocs Ltd.	0.06%	2,655	$243K	Reduce -21.9%
GLD SPDR Gold Shares	0.06%	823	$237K	New
LMT Lockheed Martin Corp.	0.06%	529	$236K	New
CME Cme Group Inc.	0.06%	878	$233K	New
CHKP Check Point Software Tech	0.06%	1,001	$228K	New
AGI Alamos Gold Inc. Class A	0.06%	8,169	$218K	New
AEM Agnico Eagle Mines Ltd.	0.06%	1,971	$214K	New
SAH Sonic Automotive Inc. Class A	0.05%	3,693	$210K	Reduce -1.5%
RTX RTX Corp.	0.05%	1,530	$203K	New
DMRC Digimarc Corp.	0.04%	13,300	$171K	Reduce -30.4%
SKIN Skinhealth Systems Inc. filed as THE BEAUTY HEALTH COMPANY	0.03%	81,504	$109K	Add +0.0%

Other holdings (1): bonds, preferreds, convertibles and warrants · $6.6M (not counted above)

Security	Class	Shares / Principal	Value	Change
WELLS FARGO & COMPANY (WFC 7.5 PERP L)	PERP PFD CNV A	5,456	$6.6M	Add +5.9%

Total filed on the 13F, all lines: $389.7M.

Portfolio Sells Q4 2024 → Q1 2025


ZUO Zuora Inc. Class A	Sold out	0.00%	−1.90
MRVL Marvell Technology Inc.	Reduce -4.2%	1.72%	−1.18
FFIV F5 Inc.	Sold out	0.00%	−1.12
UAL United Airlines Holdings Inc.	Reduce -0.9%	2.63%	−0.73
AVUS Avantis U.S. Equity ETF	Reduce -56.9%	0.54%	−0.64
CLS Celestica Inc.	Sold out	0.00%	−0.46
GOOGL Alphabet Inc. Class A	Reduce -6.1%	2.25%	−0.39
FCNCA First Citizens Bcshs Class A	Reduce -22.9%	1.16%	−0.38
BTDR Bitdeer Technologies Group-A	Reduce -32.5%	0.14%	−0.33
CHGG Chegg Inc.	Reduce -16.2%	0.18%	−0.30
MGA Magna International Inc.	Reduce -6.0%	1.31%	−0.23
SN Sharkninja Inc.	Reduce -4.0%	2.29%	−0.22
HUT Hut 8 Corp.	Reduce -30.1%	0.16%	−0.20
BARNES GROUP INC	Sold out	0.00%	−0.19
PLYA Playa Hotels & Resorts NV	Sold out	0.00%	−0.19
LEN Lennar Corp. Class A	Reduce -7.9%	1.13%	−0.18
BRSP Brightspire Capital Inc.	Sold out	0.00%	−0.13
FICO Fair Isaac Corp.	Reduce -8.3%	2.07%	−0.13
DMRC Digimarc Corp.	Reduce -30.4%	0.04%	−0.12
GSEW Goldman Sachs Eql WGHT Large	Reduce -51.5%	0.12%	−0.11
RHP Ryman Hospitality Properties	Reduce -7.0%	0.95%	−0.10
DHI D.R. Horton Inc.	Reduce -5.8%	1.38%	−0.07
UHAL.B U-Haul Holding Co.-Non Voting	Reduce -10.1%	0.80%	−0.07
NOC Northrop Grumman Corp.	Sold out	0.00%	−0.05
VGT Vanguard Info Tech ETF	Sold out	0.00%	−0.05
CVBF CVB Financial Corp.	Sold out	0.00%	−0.05
KRBN KS Global Carbon Stratgy ETF	Sold out	0.00%	−0.05
NICE Nice Ltd. - Spon ADR	Reduce -4.8%	1.14%	−0.05
GM General Motors Co.	Reduce -0.6%	1.73%	−0.05
IBB iShares Biotechnology ETF	Reduce -16.6%	0.22%	−0.03
ACRE Ares Commercial Real Estate	Reduce -9.9%	0.09%	−0.03
KKR KKR & Co. Inc.	Reduce -6.8%	0.10%	−0.02
IUSG iShares Core S&P U.S. Growth	Reduce -4.4%	0.68%	−0.02
SPSM SS SPDR P S&P 600 Small Cap	Reduce -4.3%	0.59%	−0.02
WINA Winmark Corp.	Reduce -3.6%	0.11%	−0.02
GRSD Grandstand Ltd.	Reduce -6.8%	0.20%	−0.02
FIXD First Trust Smith Opportunis	Reduce -23.6%	0.09%	−0.01
ACN Accenture PLC Class A	Reduce -6.3%	0.15%	−0.01
SAIC Science Applications Inte	Reduce -12.4%	0.44%	−0.01
APO Apollo Global Management Inc.	Reduce -2.3%	0.08%	−0.01
DOX Amdocs Ltd.	Reduce -21.9%	0.06%	−0.00
MGK Vngrd Mrgstr MG CP GR ETF-Ui	Reduce -0.3%	0.39%	−0.00
SAH Sonic Automotive Inc. Class A	Reduce -1.5%	0.05%	−0.00
UHAL U-Haul Holding Co.	Reduce -4.6%	0.10%	+0.00
CTSH Cognizant Tech Solutions-A	Reduce -8.8%	0.13%	+0.00
INGR Ingredion Inc.	Reduce -6.4%	0.09%	+0.00
ARW Arrow Electronics Inc.	Reduce -1.6%	1.29%	+0.00
BLK BlackRock Inc.	Reduce -0.4%	0.18%	+0.00
AXTA Axalta Coating Systems Ltd.	Reduce -6.9%	1.59%	+0.00
VOO Vanguard S&P 500 ETF	Reduce -3.0%	0.16%	+0.00

Portfolio Buys Q4 2024 → Q1 2025


WDC Western Digital Corp.	New	1.01%	+1.01
MTBA Simplify MBS ETF	Add +2.5%	7.48%	+0.96
PFF iShares Preferred & Income S	Add +61.3%	1.44%	+0.62
SPEM State Street SP PTF Em ETF	Add +1.4%	4.38%	+0.59
SNDK Sandisk Corp.	New	0.40%	+0.40
IEUR iShares Core MSCI Europe ETF	New	0.37%	+0.37
DGRO iShares Core Dividend Growth	Add +0.6%	2.63%	+0.29
BRK.A Berkshire Hathaway Inc. Class A	New	0.21%	+0.21
COST Costco Wholesale Corp.	Add +0.4%	1.44%	+0.19
MCK McKesson Corp.	Add +1.2%	0.58%	+0.14
OSK Oshkosh Corp.	Add +1.0%	1.43%	+0.14
IEFA iShares Core MSCI Eafe ETF	Add +45.0%	0.32%	+0.13
JNJ Johnson & Johnson	New	0.12%	+0.12
META Meta Platforms Inc. Class A	Add +36.4%	0.34%	+0.11
NVDA Nvidia Corp.	Add +71.1%	0.32%	+0.11
JPM JPMorgan Chase & Co.	New	0.09%	+0.09
BRK.B Berkshire Hathaway Inc. Class B	Add +3.6%	0.32%	+0.08
UNH Unitedhealth Group Inc.	New	0.08%	+0.08
GE General Electric	New	0.08%	+0.08
MCD McDonald's Corp.	New	0.08%	+0.08
CVX Chevron Corp.	Add +51.2%	0.15%	+0.07
MSFT Microsoft Corp.	Add +7.8%	1.14%	+0.07
GL Globe Life Inc.	New	0.07%	+0.07
TRV The Travelers Cos Inc.	New	0.06%	+0.06
OUNZ Vaneck Merk Gold ETF	Add +7.5%	0.21%	+0.06
GLD SPDR Gold Shares	New	0.06%	+0.06
LMT Lockheed Martin Corp.	New	0.06%	+0.06
CME Cme Group Inc.	New	0.06%	+0.06
CHKP Check Point Software Tech	New	0.06%	+0.06
FLJP Franklin Ftse Japan ETF	Add +4.7%	0.36%	+0.06
AGI Alamos Gold Inc. Class A	New	0.06%	+0.06
HD Home Depot Inc.	Add +79.9%	0.12%	+0.06
AEM Agnico Eagle Mines Ltd.	New	0.06%	+0.06
RTX RTX Corp.	New	0.05%	+0.05
ABBV Abbvie Inc.	Add +56.9%	0.10%	+0.05
LLY Eli Lilly & Co.	Add +10.5%	0.19%	+0.05
XOM Exxon Mobil Corp.	Add +40.6%	0.11%	+0.04
GRMN Garmin Ltd.	Add +1.7%	0.27%	+0.04
APH Amphenol Corp. Class A	Add +3.4%	0.51%	+0.04
PGR Progressive Corp.	Add +26.3%	0.10%	+0.04
GS Goldman Sachs Group Inc.	Add +44.0%	0.11%	+0.04
AXP American Express Co.	Add +11.4%	0.24%	+0.03
FAF First American Financial	Add +3.8%	0.13%	+0.02
ADBE Adobe Inc.	Add +9.4%	0.47%	+0.02
NOW ServiceNow Inc.	Add +49.7%	0.09%	+0.02
ADP Automatic Data Processing	Add +0.8%	0.11%	+0.02
WMT Walmart Inc.	Add +16.1%	0.08%	+0.02
AVSC Avantis US Small Cap Equity	Add +5.0%	0.37%	+0.01
AMZN Amazon.com Inc.	Add +4.0%	2.10%	+0.00
SKIN Skinhealth Systems Inc.	Add +0.0%	0.03%	−0.00

Notes & Other Activity Q4 2024 → Q1 2025


WELLS FARGO & COMPANY (WFC 7.5 PERP L)	PERP PFD CNV A	Add +5.9%	5,456	$6.6M

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

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026Amended	301	$756.5M	USFR, MTBA, SPDW, SIMO, SPYM
Q1 2026	260	$737.9M	SGOV, USFR, MTBA, SPDW, SPYM
Q4 2025	218	$616.0M	USFR, MTBA, SPDW, SPYM, AAPL
Q3 2025	174	$586.7M	USFR, SPDW, MTBA, SPYM, AAPL
Q2 2025	151	$446.6M	MTBA, SPYM, SPDW, SPEM, KCCA
Q1 2025Amended	124	$383.2M	MTBA, SPYM, SPDW, AAPL, SPEM
Q4 2024	116	$425.5M	MTBA, SPYM, SPDW, AAPL, SPEM
Q3 2024	117	$440.3M	MTBA, SPYM, SPDW, AAPL, SPEM
Q2 2024Amended	110	$398.5M	SPYM, SPDW, MTBA, AAPL, CLS
Q1 2024	118	$348.7M	KCCA, SPYM, SPDW, AAPL, SPEM