Ranmore Fund Management Ltd
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Ranmore Fund Management Ltd reported 15 stock positions worth $167.3 million. Its top holding was Petroleo Brasil-SP Pref ADR (PBR.A) at 11.5% of the portfolio, followed by Mattel (MAT, 10.3%) and Shinhan Financial Group-ADR (SHG, 9.4%). Compared with Q4 2024, it opened 5 new positions, sold out of 4, added to 8 and reduced 1. The biggest buy was a new position in Shinhan Financial Group-ADR (SHG) and the biggest sale an exit from Kroger (KR).
- Most Recent 13F
- Q2 2026
- Location
- COBHAM, X0
- CIK
- 0002055400
- Portfolio Value
- $167.3M (Q1 2025)
- SEC Filing
- 0002055400-25-000002 ↗ filed May 13, 2025
Holdings Value
Holdings 15 stocks · $167.3M
| PBR.A Petroleo Brasil-SP Pref ADR | 11.49% | 1,474,000 | $19.2M | Add +30.9% |
| MAT Mattel Inc. | 10.34% | 890,000 | $17.3M | Add +20.3% |
| SHG Shinhan Financial Group-ADR | 9.38% | 489,000 | $15.7M | New |
| GOOGL Alphabet Inc. Class A | 9.15% | 99,000 | $15.3M | Add +395.0% |
| SBH Sally Beauty Holdings Inc. | 7.66% | 1,420,000 | $12.8M | Add +74.2% |
| TAP Molson Coors Beverage Co. Class B | 7.65% | 210,341 | $12.8M | Add +28.0% |
| KB KB Financial Group Inc.-ADR filed as KB FINL GROUP INC | 7.62% | 235,549 | $12.7M | New |
| TNL Travel + Leisure Co. | 7.06% | 255,000 | $11.8M | Add +621.1% |
| SKX Skechers USA Inc. Class A | 6.04% | 178,000 | $10.1M | Add +17.9% |
| MOS The Mosaic Co. | 5.49% | 340,000 | $9.2M | Add +30.8% |
| UHS Universal Health Services-B | 5.17% | 46,000 | $8.6M | New |
| ABEV Ambev SA-ADR | 4.62% | 3,314,000 | $7.7M | Reduce -19.4% |
| GRVY Gravity Co. Ltd.-Sponsored ADR | 3.25% | 89,744 | $5.4M | No change |
| BTU Peabody Energy Corp. | 3.19% | 393,873 | $5.3M | New |
| TSN Tyson Foods Inc. Class A | 1.91% | 50,000 | $3.2M | New |
Portfolio Sells Q4 2024 → Q1 2025
| KR Kroger Co. | Sold out | 0.00% | −8.84 |
| BANCOLOMBIA S.A.-SPONS ADR | Sold out | 0.00% | −7.68 |
| SUZ Suzano SA - Spon ADR | Sold out | 0.00% | −7.44 |
| ABEV Ambev SA-ADR | Reduce -19.4% | 4.62% | −2.44 |
| VTRS Viatris Inc. | Sold out | 0.00% | −2.11 |
Portfolio Buys Q4 2024 → Q1 2025
| SHG Shinhan Financial Group-ADR | New | 9.38% | +9.38 |
| KB KB Financial Group Inc.-ADR | New | 7.62% | +7.62 |
| GOOGL Alphabet Inc. Class A | Add +395.0% | 9.15% | +5.64 |
| TNL Travel + Leisure Co. | Add +621.1% | 7.06% | +5.40 |
| UHS Universal Health Services-B | New | 5.17% | +5.17 |
| BTU Peabody Energy Corp. | New | 3.19% | +3.19 |
| TSN Tyson Foods Inc. Class A | New | 1.91% | +1.91 |
| SBH Sally Beauty Holdings Inc. | Add +74.2% | 7.66% | −0.23 |
| MOS The Mosaic Co. | Add +30.8% | 5.49% | −0.43 |
| PBR.A Petroleo Brasil-SP Pref ADR | Add +30.9% | 11.49% | −0.87 |
| TAP Molson Coors Beverage Co. Class B | Add +28.0% | 7.65% | −1.08 |
| MAT Mattel Inc. | Add +20.3% | 10.34% | −1.82 |
| SKX Skechers USA Inc. Class A | Add +17.9% | 6.04% | −3.37 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 23 | $903.0M | CMCSA, EXPE, GDDY, UHS, CI |
| Q1 2026 | 20 | $757.0M | VSNT, CMCSA, CI, UHS, KSPI |
| Q4 2025 | 18 | $582.7M | CMCSA, PBR.A, UHS, MAT, TNL |
| Q3 2025 | 14 | $369.2M | SBH, MAT, PBR.A, EXPE, UHS |
| Q2 2025 | 14 | $250.8M | SHG, PBR.A, MAT, TNL, GOOGL |
| Q1 2025 | 15 | $167.3M | PBR.A, MAT, SHG, GOOGL, SBH |
| Q4 2024 | 14 | $107.9M | PBR.A, MAT, SKX, KR, TAP |