Portland Hill Asset Management Ltd Quarter Q1 2024
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 31, 2024), Portland Hill Asset Management Ltd reported 28 stock positions worth $40.9 million . Its top holding was Meta Platforms Class A (META) at 22.3% of the portfolio, followed by Alphabet Class A (GOOGL, 12.8% ) and Alibaba Group Holding-SP ADR (BABA, 9.1% ). Compared with Q4 2023, it opened 1 new position, sold out of 1 and reduced 15. The biggest buy was a new position in Nike Class B (NKE) and the biggest sale Apple (AAPL, shares −5% ).
Location LONDON, X0
CIK 0001703658
Portfolio Value $40.9M (Q1 2024)
Holdings 28 stocks · $40.9M Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2023 META Meta Platforms Inc. Class A 18,812 $9.1M Reduce -21.3% GOOGL Alphabet Inc. Class A 34,610 $5.2M Reduce -4.9% BABA Alibaba Group Holding-SP ADR 51,361 $3.7M Reduce -3.2% AMZN Amazon.com Inc. 18,289 $3.3M Reduce -4.8% AAPL Apple Inc. 18,048 $3.1M Reduce -4.5% MELI MercadoLibre Inc. 2,036 $3.1M Reduce -4.7% BKNG Booking Holdings Inc. 760 $2.8M Reduce -4.8% PYPL PayPal Holdings Inc. 21,622 $1.4M Reduce -4.6% TPR Tapestry Inc. 29,843 $1.4M Reduce -4.2% EXPE Expedia Group Inc. 9,480 $1.3M Reduce -4.8% EBAY eBay Inc. 20,846 $1.1M Reduce -4.2% NKE Nike Inc. Class B 10,195 $958K New RDY Dr. Reddy's Laboratories-ADR 12,352 $906K Reduce -4.2% CPRI Capri Holdings Ltd. 17,834 $808K Reduce -4.8% PBR Petroleo Brasileiro-Spon ADR 37,152 $565K No change VALE Vale SA-SP ADR 32,727 $399K No change TEVA Teva Pharmaceutical-SP ADR 21,008 $296K No change BIDU Baidu Inc. - Spon ADR 2,687 $283K Reduce -5.0% ASAIY Sendas Distribuidora SA 17,016 $251K Reduce -4.1% BDX Becton Dickinson and Co. 737 $182K No change ZBH Zimmer Biomet Holdings Inc. 1,173 $155K No change DGX Quest Diagnostics Inc. 1,151 $153K No change TCOM Trip.com Group Ltd.-ADR 2,780 $122K No change JNJ Johnson & Johnson 655 $104K No change JD Jd.com Inc.-ADR 3,251 $89K No change IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 1,003 $86K No change CBDBY Cia Brasileira DE Dis- ADR filed as COMPANHIA BRASILEIRA DE DIST 18,219 $11K No change NBIS Nebius Group NV filed as YANDEX N V 24,128 $0 No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $660 (not counted above) Security Class Shares / Principal Value Change COCHW Envoy Medical Inc.-CW27 *W EXP 09/29/202 16,466 $660 New
Total filed on the 13F, all lines: $40.9M.
Portfolio Sells Q4 2023 → Q1 2024 Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▲ AAPL Apple Inc. Reduce -4.5% 7.56% −1.54 BABA Alibaba Group Holding-SP ADR Reduce -3.2% 9.08% −1.04 MELI MercadoLibre Inc. Reduce -4.7% 7.52% −0.89 EXPE Expedia Group Inc. Reduce -4.8% 3.19% −0.61 CPRI Capri Holdings Ltd. Reduce -4.8% 1.97% −0.39 BKNG Booking Holdings Inc. Reduce -4.8% 6.73% −0.38 EXTOY Almacenes Exito SA-ADR Sold out 0.00% −0.16 BIDU Baidu Inc. - Spon ADR Reduce -5.0% 0.69% −0.16 RDY Dr. Reddy's Laboratories-ADR Reduce -4.2% 2.21% −0.04 ASAIY Sendas Distribuidora SA Reduce -4.1% 0.61% +0.00 GOOGL Alphabet Inc. Class A Reduce -4.9% 12.76% +0.03 PYPL PayPal Holdings Inc. Reduce -4.6% 3.54% +0.05 EBAY eBay Inc. Reduce -4.2% 2.69% +0.30 TPR Tapestry Inc. Reduce -4.2% 3.46% +0.58 AMZN Amazon.com Inc. Reduce -4.8% 8.06% +0.72 META Meta Platforms Inc. Class A Reduce -21.3% 22.31% +1.42
Portfolio Buys Q4 2023 → Q1 2024 Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▼ NKE Nike Inc. Class B New 2.34% +2.34
Notes & Other Activity Q4 2023 → Q1 2024 Security Class Change vs Q4 2023 Shares / Principal Value ▼ COCHW Envoy Medical Inc.-CW27 *W EXP 09/29/202 New 16,466 $660
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q1 2024 Amended 28 $40.9M META, GOOGL, BABA, AMZN, AAPL