Lingotto Investment Management LLP

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 12, 2024), Lingotto Investment Management LLP reported 50 stock positions worth $3.0 billion. Its top holding was Carvana (CVNA) at 16.3% of the portfolio, followed by Teva Pharmaceutical-SP ADR (TEVA, 14.4%) and Paramount Global Class B (PARAA, 10.5%). Compared with Q1 2024, it opened 10 new positions, sold out of 7, added to 23 and reduced 6. The biggest buy was Paramount Global Class B (PARAA, shares +629%) and the biggest sale Harmony Gold MNG-Spon ADR (HMY, shares −5%).

Most Recent 13F
Q2 2026
Location
London, X0
CIK
0001732768
Portfolio Value
$3.0B (Q2 2024)
SEC Filing
0001732768-24-000005 ↗ filed Aug 12, 2024

Holdings Value

0$2.0B$4.0B$6.0B Q1 2024: $2.4B Q1 2024 Q2 2024: $3.0B $3.0B Q2 2024 Q3 2024: $3.5B Q3 2024 Q4 2024: $3.7B Q4 2024 Q1 2025: $3.8B Q1 2025 Q2 2025: $4.7B Q2 2025 Q3 2025: $5.3B Q3 2025 Q4 2025: $5.7B Q4 2025 Q1 2026: $5.0B Q1 2026 Q2 2026: $4.6B Q2 2026

Holdings 50 stocks · $3.0B

CVNA Carvana Co. 16.33% 3,776,747 $486.1M Add +1.4%
TEVA Teva Pharmaceutical-SP ADR 14.45% 26,462,600 $430.0M Add +0.1%
PARAA Paramount Global Class B 10.45% 29,937,007 $311.0M Add +628.8%
VAL Valaris Ltd. 7.61% 3,040,610 $226.5M Add +1.2%
RRC Range Resources Corp. 7.27% 6,451,726 $216.3M Add +1.5%
HMY Harmony Gold MNG-Spon ADR 6.77% 21,981,611 $201.6M Reduce -5.1%
VEON Veon Ltd. 4.70% 5,387,582 $139.8M Add +1.0%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 4.54% 2,866,040 $135.2M Add +1.6%
GDXJ Vaneck Junior Gold Miners 4.16% 2,940,372 $123.8M Reduce -2.4%
SBSW Sibanye-Stillwater Ltd.-ADR 3.33% 22,801,391 $99.2M Add +1.9%
NVDA Nvidia Corp. 2.40% 578,660 $71.5M No change
NG Novagold Resources Inc. 2.26% 19,428,261 $67.2M Add +10.2%
MSFT Microsoft Corp. 1.54% 102,560 $45.8M Add +13.3%
MRNA Moderna Inc. 1.39% 348,095 $41.3M Add +14.8%
GATO Gatos Silver Inc. 1.23% 3,503,669 $36.6M Add +1.6%
TEM Tempus AI Inc. Class A 1.10% 933,859 $32.7M New
TSM Taiwan Semiconductor-SP ADR 1.08% 185,000 $32.2M Add +37.0%
NOW ServiceNow Inc. 0.95% 36,104 $28.4M No change
RXRX Recursion Pharmaceuticals-A 0.93% 3,675,077 $27.6M Add +69.0%
ISRG Intuitive Surgical Inc. 0.84% 56,357 $25.1M No change
MELI MercadoLibre Inc. 0.83% 15,014 $24.7M No change
PCOR Procore Technologies Inc. 0.56% 250,000 $16.6M No change
TSLA Tesla Inc. 0.50% 75,461 $14.9M Add +86.5%
JOBY Joby Aviation Inc. 0.40% 2,338,980 $11.9M No change
CP Canadian Pacific Kansas City 0.35% 131,608 $10.4M Add +32.5%
V Visa Inc. Class A 0.29% 32,348 $8.5M Add +11.2%
SN Sharkninja Inc. 0.28% 112,000 $8.4M Reduce -33.3%
CBRE CBRE Group Inc. Class A 0.28% 94,065 $8.4M Add +56.2%
AVGO Broadcom Inc. 0.27% 5,000 $8.0M Add +38.9%
GDX Vaneck Gold Miners ETF 0.27% 234,000 $7.9M Add +4.5%
INDV Indivior Ltd. 0.25% 474,000 $7.4M No change
MCO Moody's Corp. 0.25% 17,453 $7.3M Add +46.3%
MAR Marriott International Class A 0.23% 28,713 $6.9M Add +9.6%
GTX Garrett Motion Inc. 0.23% 800,000 $6.9M New
UBER Uber Technologies Inc. 0.19% 78,596 $5.7M New
FSLR First Solar Inc. 0.18% 23,700 $5.3M New
AMZN Amazon.com Inc. 0.16% 25,300 $4.9M New
GOOGL Alphabet Inc. Class A 0.16% 26,597 $4.8M Reduce -58.3%
H Hyatt Hotels Corp. Class A 0.16% 31,822 $4.8M Add +42.5%
ENPH Enphase Energy Inc. 0.13% 39,918 $4.0M No change
DNA Ginkgo Bioworks Holdings Inc. 0.11% 10,011,301 $3.3M No change
CRM Salesforce Inc. 0.11% 13,000 $3.3M New
PODD Insulet Corp. 0.11% 16,069 $3.2M New
TMO Thermo Fisher Scientific Inc. 0.10% 5,345 $3.0M New
KWEB Kranesh Csi China Internet 0.09% 100,000 $2.7M Reduce -47.6%
MRVL Marvell Technology Inc. 0.07% 30,000 $2.1M New
VRSN Verisign Inc. 0.04% 6,929 $1.2M Reduce -63.3%
SKIL Skillsoft Corp. 0.03% 57,768 $799K No change
WSC Willscot Holdings Corp. 0.02% 13,616 $513K New
DM Desktop Metal Inc. Class A 0.01% 82,817 $342K No change

Portfolio Sells Q1 2024 → Q2 2024

HMY Harmony Gold MNG-Spon ADR Reduce -5.1% 6.77% −1.16
GDXJ Vaneck Junior Gold Miners Reduce -2.4% 4.16% −0.73
QQQ Invesco QQQ Trust Series 1 Sold out 0.00% −0.42
CPRT Copart Inc. Sold out 0.00% −0.26
GOOGL Alphabet Inc. Class A Reduce -58.3% 0.16% −0.24
LIN Linde PLC Sold out 0.00% −0.23
RCL Royal Caribbean Cruises Ltd. Sold out 0.00% −0.23
CCJ Cameco Corp. Sold out 0.00% −0.21
IBKR Interactive Brokers Gro Class A Sold out 0.00% −0.18
SN Sharkninja Inc. Reduce -33.3% 0.28% −0.16
KWEB Kranesh Csi China Internet Reduce -47.6% 0.09% −0.12
VRSN Verisign Inc. Reduce -63.3% 0.04% −0.11
FATH Fathom Digital Manufacturing Sold out 0.00% −0.01

Portfolio Buys Q1 2024 → Q2 2024

PARAA Paramount Global Class B Add +628.8% 10.45% +8.43
CVNA Carvana Co. Add +1.4% 16.33% +2.62
TEM Tempus AI Inc. Class A New 1.10% +1.10
TSM Taiwan Semiconductor-SP ADR Add +37.0% 1.08% +0.31
GTX Garrett Motion Inc. New 0.23% +0.23
TSLA Tesla Inc. Add +86.5% 0.50% +0.20
UBER Uber Technologies Inc. New 0.19% +0.19
FSLR First Solar Inc. New 0.18% +0.18
AMZN Amazon.com Inc. New 0.16% +0.16
CRM Salesforce Inc. New 0.11% +0.11
PODD Insulet Corp. New 0.11% +0.11
TMO Thermo Fisher Scientific Inc. New 0.10% +0.10
MRVL Marvell Technology Inc. New 0.07% +0.07
AVGO Broadcom Inc. Add +38.9% 0.27% +0.07
MCO Moody's Corp. Add +46.3% 0.25% +0.05
NG Novagold Resources Inc. Add +10.2% 2.26% +0.04
CBRE CBRE Group Inc. Class A Add +56.2% 0.28% +0.04
MRNA Moderna Inc. Add +14.8% 1.39% +0.04
RXRX Recursion Pharmaceuticals-A Add +69.0% 0.93% +0.02
WSC Willscot Holdings Corp. New 0.02% +0.02
GATO Gatos Silver Inc. Add +1.6% 1.23% +0.02
H Hyatt Hotels Corp. Class A Add +42.5% 0.16% +0.01
CP Canadian Pacific Kansas City Add +32.5% 0.35% −0.02
GDX Vaneck Gold Miners ETF Add +4.5% 0.27% −0.03
MAR Marriott International Class A Add +9.6% 0.23% −0.04
V Visa Inc. Class A Add +11.2% 0.29% −0.05
MSFT Microsoft Corp. Add +13.3% 1.54% −0.05
VEON Veon Ltd. Add +1.0% 4.70% −0.67
SBSW Sibanye-Stillwater Ltd.-ADR Add +1.9% 3.33% −1.08
TEVA Teva Pharmaceutical-SP ADR Add +0.1% 14.45% −1.17
VAL Valaris Ltd. Add +1.2% 7.61% −1.86
RRC Range Resources Corp. Add +1.5% 7.27% −1.90
SLB SLB Ltd. Add +1.6% 4.54% −1.93

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 31$4.6BTEVA, CVNA, MOH, PSKY, RRC
Q1 2026 34$5.0BTEVA, CVNA, PSKY, VAL, NG
Q4 2025 38$5.7BCVNA, TEVA, PSKY, SBSW, NG
Q3 2025Amended 34$5.3BCVNA, PSKY, TEVA, VEON, SBSW
Q2 2025 42$4.7BCVNA, PARAA, TEVA, RRC, VEON
Q1 2025 44$3.8BCVNA, PARAA, TEVA, HMY, RRC
Q4 2024 53$3.7BCVNA, TEVA, PARAA, RRC, VEON
Q3 2024 46$3.5BCVNA, TEVA, PARAA, HMY, RRC
Q2 2024 50$3.0BCVNA, TEVA, PARAA, VAL, RRC
Q1 2024 47$2.4BTEVA, CVNA, VAL, RRC, HMY