Lingohr Asset Management GmbH
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 11, 2025), Lingohr Asset Management GmbH reported 83 stock positions worth $48.2 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 4.4% of the portfolio, followed by Vipshop Holdings Ltd. - ADR (VIPS, 3.6%) and KT Corp.-SP ADR (KT, 3.3%). Compared with Q3 2024, it opened 47 new positions, sold out of 15, added to 6 and reduced 30. The biggest buy was a new position in Berkshire Hathaway Class B (BRK.B) and the biggest sale an exit from Acuity (AYI).
- Most Recent 13F
- Q3 2025
- Location
- DUESSELDORF, 2M
- CIK
- 0001527570
- Portfolio Value
- $48.2M (Q4 2024)
- SEC Filing
- 0001527570-25-000003 ↗ filed Feb 11, 2025
Holdings Value
Holdings 83 stocks · $48.2M
| BRK.B Berkshire Hathaway Inc. Class B | 4.42% | 4,714 | $2.1M | New |
| VIPS Vipshop Holdings Ltd. - ADR | 3.65% | 132,472 | $1.8M | Add +126.2% |
| KT KT Corp.-SP ADR | 3.25% | 100,451 | $1.6M | New |
| MSFT Microsoft Corp. | 2.78% | 3,159 | $1.3M | Add +68.0% |
| JXN Jackson Financial Inc. Class A | 2.45% | 13,613 | $1.2M | Add +22.9% |
| XOM Exxon Mobil Corp. | 2.36% | 10,760 | $1.1M | Add +93.1% |
| WFC Wells Fargo & Co. | 2.34% | 16,081 | $1.1M | New |
| MDT Medtronic PLC | 2.22% | 13,461 | $1.1M | New |
| GEV GE Vernova Inc. | 2.21% | 3,229 | $1.1M | Reduce -28.2% |
| SYF Synchrony Financial | 2.03% | 15,089 | $978K | Reduce -14.8% |
| AXS Axis Capital Holdings Ltd. | 1.97% | 10,776 | $952K | Reduce -9.8% |
| DOX Amdocs Ltd. | 1.94% | 11,064 | $938K | Add +42.1% |
| DELL Dell Technologies -C | 1.93% | 8,143 | $931K | Add +42.7% |
| LIN Linde PLC | 1.89% | 2,180 | $910K | New |
| NFLX Netflix Inc. | 1.88% | 1,008 | $908K | New |
| ABT Abbott Laboratories | 1.84% | 7,935 | $890K | New |
| ABBV Abbvie Inc. | 1.83% | 5,072 | $885K | New |
| GOOGL Alphabet Inc. Class A | 1.71% | 4,302 | $823K | Reduce -24.0% |
| VZ Verizon Communications Inc. | 1.65% | 20,472 | $797K | New |
| GILD Gilead Sciences Inc. | 1.65% | 8,647 | $796K | New |
| CRM Salesforce Inc. | 1.63% | 2,342 | $786K | Reduce -23.6% |
| UNM Unum Group | 1.59% | 10,591 | $769K | Reduce -28.6% |
| SMIN iShares MSCI India Small-Cap | 1.52% | 9,700 | $734K | New |
| APP AppLovin Corp. Class A | 1.48% | 2,135 | $716K | Reduce -81.2% |
| GS Goldman Sachs Group Inc. | 1.44% | 1,210 | $694K | New |
| ENIC Enel Chile SA-ADR | 1.41% | 243,000 | $682K | New |
| JPM JPMorgan Chase & Co. | 1.40% | 2,840 | $676K | New |
| GEN Gen Digital Inc. | 1.40% | 24,664 | $675K | New |
| TGNA Tegna Inc. | 1.37% | 35,956 | $659K | Reduce -27.7% |
| MO Altria Group Inc. | 1.28% | 11,841 | $617K | New |
| T AT&T Inc. | 1.24% | 26,867 | $600K | New |
| QCOM Qualcomm Inc. | 1.21% | 3,777 | $584K | Reduce -9.9% |
| LYB Lyondellbasell Indu Class A | 1.12% | 7,408 | $542K | New |
| DOCU Docusign Inc. | 1.12% | 5,864 | $538K | New |
| MRK Merck & Co. Inc. | 1.11% | 5,448 | $536K | New |
| NTAP Netapp Inc. | 1.09% | 4,537 | $526K | New |
| FLEX Flex Ltd. | 1.07% | 13,379 | $517K | New |
| CVE Cenovus Energy Inc. | 1.06% | 34,387 | $510K | Reduce -12.4% |
| CNO Cno Financial Group Inc. | 0.99% | 12,919 | $480K | Reduce -53.1% |
| PVH PVH Corp. | 0.99% | 4,545 | $480K | Reduce -34.1% |
| ORCL Oracle Corp. | 0.99% | 2,867 | $477K | Reduce -41.0% |
| SU Suncor Energy Inc. | 0.93% | 12,721 | $449K | New |
| CVLT Commvault Systems Inc. | 0.93% | 2,957 | $447K | New |
| NRG NRG Energy Inc. | 0.89% | 4,685 | $430K | New |
| VLO Valero Energy Corp. | 0.89% | 3,596 | $427K | Reduce -26.8% |
| AU Anglogold Ashanti PLC | 0.88% | 18,570 | $425K | New |
| META Meta Platforms Inc. Class A | 0.87% | 713 | $422K | Reduce -63.7% |
| MLI Mueller Industries Inc. | 0.87% | 5,284 | $422K | New |
| TAP Molson Coors Beverage Co. Class B | 0.85% | 7,252 | $412K | Reduce -43.6% |
| ENS Enersys | 0.80% | 4,146 | $385K | Reduce -42.6% |
| BTG B2GOLD Corp. | 0.79% | 157,905 | $382K | Reduce -41.0% |
| RS Reliance Inc. | 0.79% | 1,424 | $379K | Reduce -38.3% |
| STLD Steel Dynamics Inc. | 0.76% | 3,245 | $368K | Reduce -42.4% |
| ANF Abercrombie & Fitch Co. Class A | 0.75% | 2,338 | $362K | New |
| MMS Maximus Inc. | 0.74% | 4,828 | $358K | New |
| VRNT Verint Systems Inc. | 0.74% | 13,056 | $358K | Reduce -34.8% |
| BNTX Biontech SE-ADR | 0.74% | 3,170 | $357K | New |
| JAZZ Jazz Pharmaceuticals PLC | 0.73% | 2,878 | $354K | New |
| ACT Enact Holdings Inc. | 0.72% | 10,707 | $347K | Reduce -50.9% |
| ADBE Adobe Inc. | 0.70% | 760 | $339K | New |
| CRH CRH PLC | 0.68% | 3,521 | $326K | New |
| AES AES Corp. | 0.67% | 26,089 | $325K | Reduce -43.9% |
| MTG Mgic Investment Corp. | 0.66% | 13,534 | $320K | Reduce -55.2% |
| EXEL Exelixis Inc. | 0.63% | 9,007 | $304K | Reduce -71.8% |
| TSM Taiwan Semiconductor-SP ADR | 0.63% | 1,509 | $302K | New |
| ALSN Allison Transmission Holding | 0.62% | 2,750 | $297K | New |
| TEX Terex Corp. | 0.58% | 6,164 | $279K | Reduce -46.5% |
| ETN Eaton Corp. PLC | 0.55% | 800 | $266K | New |
| EG Everest Group Ltd. | 0.54% | 723 | $260K | Reduce -63.1% |
| EXPE Expedia Group Inc. | 0.54% | 1,389 | $259K | Reduce -74.1% |
| CCJ Cameco Corp. | 0.53% | 4,994 | $256K | New |
| CVX Chevron Corp. | 0.50% | 1,700 | $243K | New |
| WCN Waste Connections Inc. | 0.50% | 1,400 | $240K | New |
| HOLX Hologic Inc. | 0.49% | 3,288 | $238K | Reduce -65.9% |
| FCX Freeport-McMoran Inc. | 0.49% | 6,230 | $237K | New |
| MCK McKesson Corp. | 0.46% | 392 | $224K | New |
| FSK FS KKR Capital Corp. | 0.44% | 9,757 | $212K | New |
| MPC Marathon Petroleum Corp. | 0.44% | 1,565 | $212K | Reduce -61.4% |
| AWK American Water Works Co. Inc. | 0.44% | 1,706 | $211K | New |
| YOU Clear Secure Inc. Class A | 0.44% | 7,744 | $210K | New |
| AMG Affiliated Managers Group | 0.42% | 1,100 | $204K | New |
| PRM Perimeter Solutions Inc. | 0.42% | 15,859 | $203K | New |
| CPRX Catalyst Pharmaceuticals Inc. | 0.42% | 9,610 | $202K | New |
Portfolio Sells Q3 2024 → Q4 2024
| AYI Acuity Inc. | Sold out | 0.00% | −3.21 |
| ACIW Aci Worldwide Inc. | Sold out | 0.00% | −2.81 |
| GTES Gates Industrial Corp. UK Ltd. | Sold out | 0.00% | −2.36 |
| BLDR Builders Firstsource Inc. | Sold out | 0.00% | −2.19 |
| APP AppLovin Corp. Class A | Reduce -81.2% | 1.48% | −2.10 |
| CAT Caterpillar Inc. | Sold out | 0.00% | −2.04 |
| EA Electronic Arts Inc. | Sold out | 0.00% | −1.96 |
| CTSH Cognizant Tech Solutions-A | Sold out | 0.00% | −1.87 |
| META Meta Platforms Inc. Class A | Reduce -63.7% | 0.87% | −1.85 |
| MAN Manpowergroup Inc. | Sold out | 0.00% | −1.75 |
| GM General Motors Co. | Sold out | 0.00% | −1.73 |
| VRSN Verisign Inc. | Sold out | 0.00% | −1.72 |
| STLA Stellantis NV | Sold out | 0.00% | −1.68 |
| SNX TD Synnex Corp. | Sold out | 0.00% | −1.65 |
| AES AES Corp. | Reduce -43.9% | 0.67% | −1.56 |
| HRB H&R Block Inc. | Sold out | 0.00% | −1.56 |
| HOLX Hologic Inc. | Reduce -65.9% | 0.49% | −1.41 |
| TRIP Tripadvisor Inc. | Sold out | 0.00% | −1.40 |
| EXPE Expedia Group Inc. | Reduce -74.1% | 0.54% | −1.39 |
| EXEL Exelixis Inc. | Reduce -71.8% | 0.63% | −1.38 |
| CNO Cno Financial Group Inc. | Reduce -53.1% | 0.99% | −1.35 |
| EG Everest Group Ltd. | Reduce -63.1% | 0.54% | −1.32 |
| BTG B2GOLD Corp. | Reduce -41.0% | 0.79% | −1.22 |
| MTG Mgic Investment Corp. | Reduce -55.2% | 0.66% | −1.20 |
| ACT Enact Holdings Inc. | Reduce -50.9% | 0.72% | −1.20 |
| MPC Marathon Petroleum Corp. | Reduce -61.4% | 0.44% | −1.16 |
| ORCL Oracle Corp. | Reduce -41.0% | 0.99% | −1.01 |
| ENS Enersys | Reduce -42.6% | 0.80% | −0.99 |
| STLD Steel Dynamics Inc. | Reduce -42.4% | 0.76% | −0.96 |
| TAP Molson Coors Beverage Co. Class B | Reduce -43.6% | 0.85% | −0.94 |
| TEX Terex Corp. | Reduce -46.5% | 0.58% | −0.89 |
| HPQ HP Inc. | Sold out | 0.00% | −0.83 |
| RS Reliance Inc. | Reduce -38.3% | 0.79% | −0.83 |
| VLO Valero Energy Corp. | Reduce -26.8% | 0.89% | −0.72 |
| PVH PVH Corp. | Reduce -34.1% | 0.99% | −0.69 |
| GEV GE Vernova Inc. | Reduce -28.2% | 2.21% | −0.57 |
| GOOGL Alphabet Inc. Class A | Reduce -24.0% | 1.71% | −0.57 |
| CVE Cenovus Energy Inc. | Reduce -12.4% | 1.06% | −0.54 |
| TGNA Tegna Inc. | Reduce -27.7% | 1.37% | −0.53 |
| UNM Unum Group | Reduce -28.6% | 1.59% | −0.53 |
| QCOM Qualcomm Inc. | Reduce -9.9% | 1.21% | −0.52 |
| VRNT Verint Systems Inc. | Reduce -34.8% | 0.74% | −0.49 |
| CRM Salesforce Inc. | Reduce -23.6% | 1.63% | −0.40 |
| AXS Axis Capital Holdings Ltd. | Reduce -9.8% | 1.97% | −0.33 |
| SYF Synchrony Financial | Reduce -14.8% | 2.03% | −0.10 |
Portfolio Buys Q3 2024 → Q4 2024
| BRK.B Berkshire Hathaway Inc. Class B | New | 4.42% | +4.42 |
| KT KT Corp.-SP ADR | New | 3.25% | +3.25 |
| WFC Wells Fargo & Co. | New | 2.34% | +2.34 |
| MDT Medtronic PLC | New | 2.22% | +2.22 |
| LIN Linde PLC | New | 1.89% | +1.89 |
| NFLX Netflix Inc. | New | 1.88% | +1.88 |
| ABT Abbott Laboratories | New | 1.84% | +1.84 |
| ABBV Abbvie Inc. | New | 1.83% | +1.83 |
| VZ Verizon Communications Inc. | New | 1.65% | +1.65 |
| GILD Gilead Sciences Inc. | New | 1.65% | +1.65 |
| SMIN iShares MSCI India Small-Cap | New | 1.52% | +1.52 |
| GS Goldman Sachs Group Inc. | New | 1.44% | +1.44 |
| VIPS Vipshop Holdings Ltd. - ADR | Add +126.2% | 3.65% | +1.42 |
| ENIC Enel Chile SA-ADR | New | 1.41% | +1.41 |
| JPM JPMorgan Chase & Co. | New | 1.40% | +1.40 |
| GEN Gen Digital Inc. | New | 1.40% | +1.40 |
| MO Altria Group Inc. | New | 1.28% | +1.28 |
| T AT&T Inc. | New | 1.24% | +1.24 |
| LYB Lyondellbasell Indu Class A | New | 1.12% | +1.12 |
| DOCU Docusign Inc. | New | 1.12% | +1.12 |
| MRK Merck & Co. Inc. | New | 1.11% | +1.11 |
| NTAP Netapp Inc. | New | 1.09% | +1.09 |
| FLEX Flex Ltd. | New | 1.07% | +1.07 |
| SU Suncor Energy Inc. | New | 0.93% | +0.93 |
| CVLT Commvault Systems Inc. | New | 0.93% | +0.93 |
| NRG NRG Energy Inc. | New | 0.89% | +0.89 |
| AU Anglogold Ashanti PLC | New | 0.88% | +0.88 |
| MLI Mueller Industries Inc. | New | 0.87% | +0.87 |
| MSFT Microsoft Corp. | Add +68.0% | 2.78% | +0.82 |
| XOM Exxon Mobil Corp. | Add +93.1% | 2.36% | +0.78 |
| ANF Abercrombie & Fitch Co. Class A | New | 0.75% | +0.75 |
| MMS Maximus Inc. | New | 0.74% | +0.74 |
| BNTX Biontech SE-ADR | New | 0.74% | +0.74 |
| JAZZ Jazz Pharmaceuticals PLC | New | 0.73% | +0.73 |
| ADBE Adobe Inc. | New | 0.70% | +0.70 |
| CRH CRH PLC | New | 0.68% | +0.68 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.63% | +0.63 |
| ALSN Allison Transmission Holding | New | 0.62% | +0.62 |
| ETN Eaton Corp. PLC | New | 0.55% | +0.55 |
| CCJ Cameco Corp. | New | 0.53% | +0.53 |
| CVX Chevron Corp. | New | 0.50% | +0.50 |
| WCN Waste Connections Inc. | New | 0.50% | +0.50 |
| FCX Freeport-McMoran Inc. | New | 0.49% | +0.49 |
| MCK McKesson Corp. | New | 0.46% | +0.46 |
| FSK FS KKR Capital Corp. | New | 0.44% | +0.44 |
| AWK American Water Works Co. Inc. | New | 0.44% | +0.44 |
| YOU Clear Secure Inc. Class A | New | 0.44% | +0.44 |
| AMG Affiliated Managers Group | New | 0.42% | +0.42 |
| PRM Perimeter Solutions Inc. | New | 0.42% | +0.42 |
| CPRX Catalyst Pharmaceuticals Inc. | New | 0.42% | +0.42 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2025Amended | 94 | $57.3M | MSFT, AU, GOOGL, TME, IFS |
| Q2 2025 | 85 | $55.2M | MSFT, KT, QFIN, AU, IFS |
| Q1 2025 | 92 | $399.1M | BRK.B, MSFT, GOOGL, T, ORCL |
| Q4 2024 | 83 | $48.2M | BRK.B, VIPS, KT, MSFT, JXN |
| Q3 2024 | 51 | $41.3M | APP, AYI, ACIW, GEV, META |
| Q2 2024 | 55 | $40.0M | GOOGL, STLA, META, APP, ACIW |
| Q1 2024 | 54 | $40.0M | GTES, JXN, GOOGL, STLA, STLD |