QSM Asset Management Ltd
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 15, 2026), QSM Asset Management Ltd reported 25 stock positions worth $204.2 million. Its top holding was Occidental Petroleum (OXY) at 6.9% of the portfolio, followed by Pfizer (PFE, 6.7%) and Zimmer Biomet (ZBH, 6.7%). Compared with Q4 2025, it opened 4 new positions, added to 6 and reduced 15. The biggest buy was a new position in Halliburton (HAL) and the biggest sale Rio Tinto PLC-Spon ADR (RIO, shares −41%).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0002058325
- Portfolio Value
- $204.2M (Q1 2026)
- SEC Filing
- 0002058325-26-000002 ↗ filed Apr 15, 2026
Holdings Value
Holdings 25 stocks · $204.2M
| OXY Occidental Petroleum Corp. | 6.87% | 208,434 | $14.0M | Reduce -3.0% |
| PFE Pfizer Inc. | 6.73% | 491,638 | $13.7M | Reduce -3.0% |
| ZBH Zimmer Biomet Holdings Inc. | 6.69% | 154,375 | $13.7M | Add +17.4% |
| VTRS Viatris Inc. | 6.50% | 996,132 | $13.3M | Reduce -25.1% |
| RIO Rio Tinto PLC-Spon ADR | 6.08% | 135,057 | $12.4M | Reduce -41.5% |
| FANG Diamondback Energy Inc. | 5.87% | 59,170 | $12.0M | Reduce -3.0% |
| CAG Conagra Brands Inc. | 5.22% | 683,661 | $10.7M | Reduce -3.0% |
| CNH CNH Industrial NV | 4.96% | 949,940 | $10.1M | Reduce -3.0% |
| INTC Intel Corp. | 4.88% | 233,919 | $10.0M | Reduce -35.6% |
| BAX Baxter International Inc. | 4.51% | 567,886 | $9.2M | Add +66.7% |
| EMN Eastman Chemical Co. | 4.29% | 116,650 | $8.8M | Reduce -3.0% |
| PYPL PayPal Holdings Inc. | 4.24% | 192,119 | $8.7M | Add +67.8% |
| HAL Halliburton Co. | 4.18% | 212,139 | $8.5M | New |
| MHK Mohawk Industries Inc. | 4.12% | 86,074 | $8.4M | Reduce -3.0% |
| MAN Manpowergroup Inc. | 2.87% | 197,104 | $5.9M | New |
| AA Alcoa Corp. | 2.85% | 87,300 | $5.8M | Reduce -3.0% |
| CE Celanese Corp. | 2.70% | 82,157 | $5.5M | Reduce -3.0% |
| RHI Robert Half Inc. | 2.54% | 202,846 | $5.2M | New |
| VFC VF Corp. | 2.28% | 279,957 | $4.7M | Reduce -19.2% |
| ACLS Axcelis Technologies Inc. | 2.27% | 51,571 | $4.6M | Reduce -3.0% |
| IPGP Ipg Photonics Corp. | 2.10% | 38,637 | $4.3M | Reduce -25.5% |
| NWL Newell Brands Inc. | 2.09% | 1,260,116 | $4.3M | Add +17.0% |
| MBLY Mobileye Global Inc. Class A | 2.02% | 611,003 | $4.1M | New |
| VSTS Vestis Corp. | 1.68% | 442,390 | $3.4M | Add +16.4% |
| WHR Whirlpool Corp. | 1.47% | 56,702 | $3.0M | Add +40.2% |
Portfolio Sells Q4 2025 → Q1 2026
| RIO Rio Tinto PLC-Spon ADR | Reduce -41.5% | 6.08% | −4.48 |
| VTRS Viatris Inc. | Reduce -25.1% | 6.50% | −2.97 |
| INTC Intel Corp. | Reduce -35.6% | 4.88% | −2.79 |
| CAG Conagra Brands Inc. | Reduce -3.0% | 5.22% | −1.76 |
| MHK Mohawk Industries Inc. | Reduce -3.0% | 4.12% | −1.43 |
| VFC VF Corp. | Reduce -19.2% | 2.28% | −1.30 |
| PFE Pfizer Inc. | Reduce -3.0% | 6.73% | −0.49 |
| CNH CNH Industrial NV | Reduce -3.0% | 4.96% | −0.21 |
| ACLS Axcelis Technologies Inc. | Reduce -3.0% | 2.27% | −0.18 |
| EMN Eastman Chemical Co. | Reduce -3.0% | 4.29% | −0.10 |
| IPGP Ipg Photonics Corp. | Reduce -25.5% | 2.10% | −0.02 |
| AA Alcoa Corp. | Reduce -3.0% | 2.85% | +0.11 |
| FANG Diamondback Energy Inc. | Reduce -3.0% | 5.87% | +0.63 |
| CE Celanese Corp. | Reduce -3.0% | 2.70% | +0.65 |
| OXY Occidental Petroleum Corp. | Reduce -3.0% | 6.87% | +1.81 |
Portfolio Buys Q4 2025 → Q1 2026
| HAL Halliburton Co. | New | 4.18% | +4.18 |
| MAN Manpowergroup Inc. | New | 2.87% | +2.87 |
| RHI Robert Half Inc. | New | 2.54% | +2.54 |
| MBLY Mobileye Global Inc. Class A | New | 2.02% | +2.02 |
| BAX Baxter International Inc. | Add +66.7% | 4.51% | +0.78 |
| PYPL PayPal Holdings Inc. | Add +67.8% | 4.24% | +0.41 |
| VSTS Vestis Corp. | Add +16.4% | 1.68% | +0.23 |
| ZBH Zimmer Biomet Holdings Inc. | Add +17.4% | 6.69% | −0.08 |
| NWL Newell Brands Inc. | Add +17.0% | 2.09% | −0.20 |
| WHR Whirlpool Corp. | Add +40.2% | 1.47% | −0.21 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 24 | $192.9M | VTRS, PFE, MHK, ZBH, BAX |
| Q1 2026 | 25 | $204.2M | OXY, PFE, ZBH, VTRS, RIO |
| Q4 2025 | 21 | $174.7M | RIO, VTRS, INTC, PFE, CAG |
| Q3 2025 | 20 | $140.0M | ZBH, INTC, VTRS, RIO, PFE |
| Q2 2025 | 17 | $108.5M | VTRS, ZBH, INTC, PYPL, NWL |
| Q1 2025 | 18 | $133.2M | PFE, INTC, ZBH, CAG, KHC |
| Q4 2024 | 17 | $116.4M | PYPL, NWL, VTRS, CAG, CNH |