Knightsbridge Asset Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Knightsbridge Asset Management, LLC reported 174 stock positions worth $586.7 million. Its top holding was Wisdomtree Floating Rate Tre (USFR) at 11.9% of the portfolio, followed by Ste STR SPDR PT DW Eu ETF (SPDW, 5.6%) and Simplify MBS ETF (MTBA, 5.1%). Compared with Q2 2025, it opened 30 new positions, sold out of 7, added to 77 and reduced 54. The biggest buy was Wisdomtree Floating Rate Tre (USFR, shares +821%) and the biggest sale Dimensional US Core Equity 2 (DFAC, shares −61%).
- Most Recent 13F
- Q2 2026
- Location
- NEWPORT BEACH, CA
- CIK
- 0001332811
- Portfolio Value
- $586.7M (Q3 2025)
- SEC Filing
- 0001332811-25-000011 ↗ filed Nov 14, 2025
Holdings Value
Holdings 174 stocks · $586.7M
| USFR Wisdomtree Floating Rate Tre | 11.89% | 1,388,076 | $69.8M | Add +821.2% |
| SPDW Ste STR SPDR PT DW Eu ETF | 5.55% | 761,501 | $32.6M | Add +25.2% |
| MTBA Simplify MBS ETF | 5.08% | 592,009 | $29.8M | Add +7.4% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 4.75% | 355,899 | $27.9M | Reduce -5.2% |
| AAPL Apple Inc. | 3.50% | 80,533 | $20.5M | Reduce -0.8% |
| SPEM State Street SP PTF Em ETF | 3.47% | 434,347 | $20.3M | Reduce -1.0% |
| MSFT Microsoft Corp. | 2.66% | 30,084 | $15.6M | Add +2.6% |
| UAL United Airlines Holdings Inc. | 2.62% | 158,997 | $15.3M | Reduce -3.3% |
| KCCA Kraneshares California Carbo | 2.57% | 883,929 | $15.1M | Reduce -18.1% |
| JQUA JPMorgan US Quality Factor | 2.49% | 232,175 | $14.6M | Add +37.1% |
| GOOGL Alphabet Inc. Class A | 2.38% | 57,359 | $13.9M | Reduce -0.2% |
| WDC Western Digital Corp. | 2.20% | 107,713 | $12.9M | Reduce -3.4% |
| DGRO iShares Core Dividend Growth | 1.85% | 159,498 | $10.9M | Reduce -3.8% |
| AMZN Amazon.com Inc. | 1.75% | 46,736 | $10.3M | Add +2.9% |
| CNC Centene Corp. | 1.69% | 277,791 | $9.9M | New |
| SIMO Silicon Motion Technol-ADR | 1.63% | 101,105 | $9.6M | Reduce -1.9% |
| MRVL Marvell Technology Inc. | 1.53% | 107,022 | $9.0M | Reduce -5.7% |
| V Visa Inc. Class A | 1.49% | 25,676 | $8.8M | Reduce -1.1% |
| LDI Loandepot Inc. Class A | 1.44% | 2,757,728 | $8.5M | Reduce -14.4% |
| OSK Oshkosh Corp. | 1.37% | 61,947 | $8.0M | Reduce -3.8% |
| IT Gartner Inc. | 1.32% | 29,378 | $7.7M | New |
| HCA HCA Healthcare Inc. | 1.31% | 18,037 | $7.7M | Add +0.8% |
| NSP Insperity Inc. | 1.28% | 152,546 | $7.5M | Add +1098.3% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 1.23% | 17,997 | $7.2M | Add +163.5% |
| DHI D.R. Horton Inc. | 1.16% | 40,287 | $6.8M | Reduce -3.4% |
| CPAY Corpay Inc. | 1.11% | 22,630 | $6.5M | New |
| MGA Magna International Inc. | 1.09% | 135,163 | $6.4M | Reduce -5.3% |
| FICO Fair Isaac Corp. | 1.08% | 4,229 | $6.3M | Reduce -0.3% |
| AMCR Amcor PLC | 1.02% | 731,875 | $6.0M | Reduce -4.9% |
| COST Costco Wholesale Corp. | 1.00% | 6,332 | $5.9M | Reduce -2.0% |
| TXT Textron Inc. | 1.00% | 69,323 | $5.9M | Reduce -4.8% |
| ARW Arrow Electronics Inc. | 1.00% | 48,287 | $5.8M | Reduce -2.8% |
| PFF iShares Preferred & Income S | 0.98% | 182,289 | $5.8M | Add +4.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.96% | 108,702 | $5.6M | Reduce -0.8% |
| DFAC Dimensional US Core Equity 2 | 0.85% | 129,530 | $5.0M | Reduce -60.7% |
| IUSG iShares Core S&P U.S. Growth | 0.83% | 29,689 | $4.9M | Add +30.4% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.81% | 88,186 | $4.8M | Add +1525.5% |
| SNDK Sandisk Corp. | 0.74% | 38,593 | $4.3M | Add +0.7% |
| FCNCA First Citizens Bcshs Class A | 0.71% | 2,337 | $4.2M | Reduce -1.0% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.71% | 89,770 | $4.2M | Add +43.2% |
| NICE Nice Ltd. - Spon ADR | 0.70% | 28,533 | $4.1M | Reduce -5.6% |
| APH Amphenol Corp. Class A | 0.65% | 30,891 | $3.8M | Add +4.3% |
| RHP Ryman Hospitality Properties | 0.58% | 38,107 | $3.4M | Reduce -3.4% |
| IVV iShares Core S&P 500 ETF | 0.56% | 4,913 | $3.3M | Add +8.8% |
| IWR iShares Russell Mid-Cap ETF | 0.52% | 31,482 | $3.0M | Reduce -48.9% |
| NEM Newmont Corp. | 0.52% | 35,868 | $3.0M | Add +5.1% |
| ORI Old Republic Intl Corp. | 0.48% | 65,707 | $2.8M | Add +0.9% |
| NVDA Nvidia Corp. | 0.47% | 14,820 | $2.8M | Add +8.1% |
| UHAL.B U-Haul Holding Co.-Non Voting | 0.44% | 50,837 | $2.6M | Reduce -1.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.43% | 8,661 | $2.5M | Add +579.8% |
| MCK McKesson Corp. | 0.42% | 3,171 | $2.4M | Reduce -3.1% |
| EWJV iShares MSCI Japan Value ETF | 0.40% | 59,654 | $2.3M | Add +13.2% |
| GOOG Alphabet Inc. Class C | 0.39% | 9,508 | $2.3M | Add +5.1% |
| GDX Vaneck Gold Miners ETF | 0.38% | 29,560 | $2.3M | Reduce -5.8% |
| IEUR iShares Core MSCI Europe ETF | 0.36% | 31,299 | $2.1M | Add +6.8% |
| NAVI Navient Corp. | 0.36% | 160,144 | $2.1M | New |
| IEFA iShares Core MSCI Eafe ETF | 0.35% | 23,481 | $2.1M | Reduce -0.0% |
| META Meta Platforms Inc. Class A | 0.34% | 2,704 | $2.0M | Add +5.2% |
| AVGO Broadcom Inc. | 0.32% | 5,689 | $1.9M | Add +5.0% |
| ADBE Adobe Inc. | 0.30% | 4,977 | $1.8M | Add +7.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.27% | 3,158 | $1.6M | Add +16.9% |
| SAIC Science Applications Inte | 0.25% | 14,918 | $1.5M | Reduce -0.8% |
| AXP American Express Co. | 0.23% | 3,989 | $1.3M | Add +14.1% |
| GRMN Garmin Ltd. | 0.21% | 4,977 | $1.2M | Add +2.6% |
| VOO Vanguard S&P 500 ETF | 0.20% | 1,948 | $1.2M | Add +72.2% |
| LLY Eli Lilly & Co. | 0.20% | 1,554 | $1.2M | Add +5.2% |
| BLK BlackRock Inc. | 0.19% | 959 | $1.1M | Add +29.6% |
| AVUS Avantis U.S. Equity ETF | 0.18% | 9,782 | $1.1M | Reduce -6.1% |
| TSLA Tesla Inc. | 0.18% | 2,386 | $1.1M | Add +7.6% |
| IBB iShares Biotechnology ETF | 0.17% | 6,750 | $974K | Reduce -5.5% |
| OUNZ Vaneck Merk Gold ETF | 0.15% | 23,331 | $868K | Reduce -1.1% |
| ABBV Abbvie Inc. | 0.14% | 3,674 | $851K | Add +30.9% |
| GD General Dynamics Corp. | 0.14% | 2,374 | $809K | Add +10.5% |
| JPM JPMorgan Chase & Co. | 0.14% | 2,555 | $806K | Add +37.4% |
| PH Parker Hannifin Corp. | 0.13% | 1,044 | $792K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.13% | 2,408 | $790K | Add +26.4% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.13% | 1 | $754K | No change |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.12% | 5,050 | $730K | Add +0.5% |
| CR Crane Co. | 0.12% | 3,948 | $727K | Add +1.7% |
| WMT Walmart Inc. | 0.12% | 6,977 | $719K | Add +72.8% |
| IBBQ Invesco Nasdaq Biotech ETF | 0.12% | 29,300 | $712K | No change |
| JNJ Johnson & Johnson | 0.12% | 3,811 | $707K | Add +7.6% |
| GS Goldman Sachs Group Inc. | 0.12% | 867 | $691K | Add +14.1% |
| CVX Chevron Corp. | 0.10% | 3,958 | $615K | Add +8.8% |
| ACN Accenture PLC Class A | 0.10% | 2,488 | $614K | Add +14.2% |
| HD Home Depot Inc. | 0.10% | 1,494 | $605K | Add +6.8% |
| GE General Electric filed as GE AEROSPACE | 0.10% | 1,993 | $600K | Add +16.6% |
| PGR Progressive Corp. | 0.10% | 2,397 | $592K | Add +39.9% |
| WINA Winmark Corp. | 0.10% | 1,155 | $575K | Reduce -1.9% |
| PG The Procter & Gamble Co. | 0.09% | 3,624 | $557K | Add +110.2% |
| ROST Ross Stores Inc. | 0.09% | 3,600 | $549K | Add +43.4% |
| NVS Novartis AG-Sponsored ADR | 0.09% | 4,105 | $526K | Reduce -3.4% |
| ORCL Oracle Corp. | 0.09% | 1,788 | $503K | Add +39.4% |
| GRSD Grandstand Ltd. filed as GAMBLING COM GROUP LIMITED | 0.08% | 60,330 | $494K | Reduce -2.8% |
| QUAL iShares MSCI USA Quality Fac | 0.08% | 2,510 | $488K | Add +121.2% |
| RBLX Roblox Corp. Class A | 0.08% | 3,521 | $488K | Add +20.5% |
| FAF First American Financial | 0.08% | 7,515 | $483K | Add +1.0% |
| XOM Exxon Mobil Corp. | 0.08% | 4,065 | $458K | Add +9.8% |
| MAGN Magnera Corp. | 0.08% | 38,719 | $454K | Add +3.9% |
| KKR KKR & Co. Inc. | 0.08% | 3,482 | $453K | Reduce -0.2% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $5.0M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 4,019 | $5.0M | Reduce -30.7% |
Total filed on the 13F, all lines: $591.6M.
Portfolio Sells Q2 2025 → Q3 2025
| DFAC Dimensional US Core Equity 2 | Reduce -60.7% | 0.85% | −1.80 |
| AL Sumisho Air Lease Corp. | Sold out | 0.00% | −1.63 |
| CHX Championx Corp. | Sold out | 0.00% | −1.46 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -5.2% | 4.75% | −1.35 |
| KCCA Kraneshares California Carbo | Reduce -18.1% | 2.57% | −1.18 |
| IWR iShares Russell Mid-Cap ETF | Reduce -48.9% | 0.52% | −0.75 |
| SPEM State Street SP PTF Em ETF | Reduce -1.0% | 3.47% | −0.73 |
| FICO Fair Isaac Corp. | Reduce -0.3% | 1.08% | −0.66 |
| V Visa Inc. Class A | Reduce -1.1% | 1.49% | −0.57 |
| AMCR Amcor PLC | Reduce -4.9% | 1.02% | −0.56 |
| DGRO iShares Core Dividend Growth | Reduce -3.8% | 1.85% | −0.52 |
| NICE Nice Ltd. - Spon ADR | Reduce -5.6% | 0.70% | −0.44 |
| MRVL Marvell Technology Inc. | Reduce -5.7% | 1.53% | −0.43 |
| COST Costco Wholesale Corp. | Reduce -2.0% | 1.00% | −0.43 |
| ARW Arrow Electronics Inc. | Reduce -2.8% | 1.00% | −0.42 |
| FLJP Franklin Ftse Japan ETF | Sold out | 0.00% | −0.37 |
| AVSC Avantis US Small Cap Equity | Sold out | 0.00% | −0.35 |
| FCNCA First Citizens Bcshs Class A | Reduce -1.0% | 0.71% | −0.32 |
| UAL United Airlines Holdings Inc. | Reduce -3.3% | 2.62% | −0.32 |
| TXT Textron Inc. | Reduce -4.8% | 1.00% | −0.31 |
| RHP Ryman Hospitality Properties | Reduce -3.4% | 0.58% | −0.29 |
| OSK Oshkosh Corp. | Reduce -3.8% | 1.37% | −0.27 |
| AAPL Apple Inc. | Reduce -0.8% | 3.50% | −0.23 |
| BAC Bank of America Corp. | Reduce -0.8% | 0.96% | −0.20 |
| UHAL.B U-Haul Holding Co.-Non Voting | Reduce -1.0% | 0.44% | −0.18 |
| VXUS Vanguard Total Intl Stock | Sold out | 0.00% | −0.16 |
| MGA Magna International Inc. | Reduce -5.3% | 1.09% | −0.14 |
| IBIT iShares Bitcoin Trust ETF | Reduce -68.8% | 0.04% | −0.13 |
| SAIC Science Applications Inte | Reduce -0.8% | 0.25% | −0.13 |
| MCK McKesson Corp. | Reduce -3.1% | 0.42% | −0.12 |
| SIMO Silicon Motion Technol-ADR | Reduce -1.9% | 1.63% | −0.10 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -0.0% | 0.35% | −0.09 |
| GRSD Grandstand Ltd. | Reduce -2.8% | 0.08% | −0.08 |
| DOX Amdocs Ltd. | Sold out | 0.00% | −0.06 |
| AVUS Avantis U.S. Equity ETF | Reduce -6.1% | 0.18% | −0.05 |
| FIXD First Trust Smith Opportunis | Sold out | 0.00% | −0.05 |
| CTSH Cognizant Tech Solutions-A | Reduce -12.8% | 0.07% | −0.05 |
| DHI D.R. Horton Inc. | Reduce -3.4% | 1.16% | −0.04 |
| IBB iShares Biotechnology ETF | Reduce -5.5% | 0.17% | −0.04 |
| ADP Automatic Data Processing | Reduce -6.6% | 0.06% | −0.03 |
| SBUX Starbucks Corp. | Reduce -2.5% | 0.07% | −0.03 |
| INGR Ingredion Inc. | Reduce -4.5% | 0.06% | −0.03 |
| KKR KKR & Co. Inc. | Reduce -0.2% | 0.08% | −0.03 |
| NVS Novartis AG-Sponsored ADR | Reduce -3.4% | 0.09% | −0.03 |
| PM Philip Morris International | Reduce -10.3% | 0.04% | −0.02 |
| LMT Lockheed Martin Corp. | Reduce -13.0% | 0.06% | −0.02 |
| UHAL U-Haul Holding Co. | Reduce -1.1% | 0.06% | −0.02 |
| CHKP Check Point Software Tech | Reduce -12.8% | 0.04% | −0.02 |
| APO Apollo Global Management Inc. | Reduce -0.9% | 0.05% | −0.02 |
| UL Unilever PLC | Reduce -4.9% | 0.05% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| USFR Wisdomtree Floating Rate Tre | Add +821.2% | 11.89% | +10.20 |
| CNC Centene Corp. | New | 1.69% | +1.69 |
| IT Gartner Inc. | New | 1.32% | +1.32 |
| CPAY Corpay Inc. | New | 1.11% | +1.11 |
| NSP Insperity Inc. | Add +1098.3% | 1.28% | +1.11 |
| IGIB iShares 5-10Y Inv Grade Corp. | Add +1525.5% | 0.81% | +0.75 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Add +163.5% | 1.23% | +0.67 |
| NAVI Navient Corp. | New | 0.36% | +0.36 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +579.8% | 0.43% | +0.35 |
| SNDK Sandisk Corp. | Add +0.7% | 0.74% | +0.35 |
| JQUA JPMorgan US Quality Factor | Add +37.1% | 2.49% | +0.21 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +43.2% | 0.71% | +0.11 |
| NEM Newmont Corp. | Add +5.1% | 0.52% | +0.07 |
| IUSG iShares Core S&P U.S. Growth | Add +30.4% | 0.83% | +0.07 |
| MRK Merck & Co. Inc. | New | 0.06% | +0.06 |
| VOO Vanguard S&P 500 ETF | Add +72.2% | 0.20% | +0.06 |
| INTC Intel Corp. | New | 0.06% | +0.06 |
| INCY Incyte Corp. | New | 0.05% | +0.05 |
| FDX FedEx Corp. | New | 0.05% | +0.05 |
| SPG Simon Property Group Inc. | New | 0.05% | +0.05 |
| ABT Abbott Laboratories | New | 0.04% | +0.04 |
| EXPE Expedia Group Inc. | New | 0.04% | +0.04 |
| CB Chubb Ltd. | New | 0.04% | +0.04 |
| GNTX Gentex Corp. | New | 0.04% | +0.04 |
| NOC Northrop Grumman Corp. | New | 0.04% | +0.04 |
| FIX Comfort Systems USA Inc. | New | 0.04% | +0.04 |
| MA Mastercard Inc. Class A | New | 0.04% | +0.04 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +25.2% | 5.55% | +0.04 |
| PCG P G & E Corp. | New | 0.04% | +0.04 |
| QUAL iShares MSCI USA Quality Fac | Add +121.2% | 0.08% | +0.04 |
| VEEV Veeva Systems Inc. Class A | New | 0.04% | +0.04 |
| IBM Intl Business Machines Corp. | New | 0.04% | +0.04 |
| DHR Danaher Corp. | New | 0.04% | +0.04 |
| ARTY iShares Future AI & Tech ETF | New | 0.04% | +0.04 |
| REGN Regeneron Pharmaceuticals | New | 0.04% | +0.04 |
| GOOG Alphabet Inc. Class C | Add +5.1% | 0.39% | +0.04 |
| TPR Tapestry Inc. | New | 0.04% | +0.04 |
| DAL Delta Air Lines Inc. | New | 0.03% | +0.03 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.03% | +0.03 |
| XSOE Wisdmtree Emerg MKT Ex-St Ow | New | 0.03% | +0.03 |
| AZO AutoZone Inc. | New | 0.03% | +0.03 |
| HOOD Robinhood Markets Inc. Class A | New | 0.03% | +0.03 |
| WMT Walmart Inc. | Add +72.8% | 0.12% | +0.03 |
| PG The Procter & Gamble Co. | Add +110.2% | 0.09% | +0.03 |
| RQI Cohen & Steers Qual Inc. RLTY | New | 0.03% | +0.03 |
| ABBV Abbvie Inc. | Add +30.9% | 0.14% | +0.03 |
| PLTR Palantir Technologies Inc. Class A | Add +57.0% | 0.07% | +0.03 |
| TSLA Tesla Inc. | Add +7.6% | 0.18% | +0.02 |
| ORCL Oracle Corp. | Add +39.4% | 0.09% | +0.02 |
| ROST Ross Stores Inc. | Add +43.4% | 0.09% | +0.02 |
Notes & Other Activity Q2 2025 → Q3 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -30.7% | 4,019 | $5.0M |
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 |