Ranmore Fund Management Ltd
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 8, 2025), Ranmore Fund Management Ltd reported 14 stock positions worth $250.8 million. Its top holding was Shinhan Financial Group-ADR (SHG) at 9.5% of the portfolio, followed by Petroleo Brasil-SP Pref ADR (PBR.A, 9.3%) and Mattel (MAT, 9.2%). Compared with Q1 2025, it opened 4 new positions, sold out of 5 and added to 9. The biggest buy was a new position in Elevance Health (ELV) and the biggest sale an exit from Skechers USA Class A (SKX).
- Most Recent 13F
- Q2 2026
- Location
- COBHAM, X0
- CIK
- 0002055400
- Portfolio Value
- $250.8M (Q2 2025)
- SEC Filing
- 0002055400-25-000003 ↗ filed Aug 8, 2025
Holdings Value
Holdings 14 stocks · $250.8M
| SHG Shinhan Financial Group-ADR | 9.53% | 529,000 | $23.9M | Add +8.2% |
| PBR.A Petroleo Brasil-SP Pref ADR | 9.31% | 2,024,000 | $23.4M | Add +37.3% |
| MAT Mattel Inc. | 9.16% | 1,165,514 | $23.0M | Add +31.0% |
| TNL Travel + Leisure Co. | 8.91% | 433,000 | $22.3M | Add +69.8% |
| GOOGL Alphabet Inc. Class A | 8.85% | 126,000 | $22.2M | Add +27.3% |
| KB KB Financial Group Inc.-ADR filed as KB FINL GROUP INC | 8.41% | 255,549 | $21.1M | Add +8.5% |
| SBH Sally Beauty Holdings Inc. | 8.11% | 2,196,020 | $20.3M | Add +54.6% |
| TAP Molson Coors Beverage Co. Class B | 7.96% | 415,341 | $20.0M | Add +97.5% |
| ELV Elevance Health Inc. | 7.75% | 50,000 | $19.4M | New |
| EXPE Expedia Group Inc. | 7.67% | 114,000 | $19.2M | New |
| UNH Unitedhealth Group Inc. | 5.47% | 44,000 | $13.7M | New |
| ASO Academy Sports & Outdoors Inc. | 3.93% | 220,000 | $9.9M | New |
| BTU Peabody Energy Corp. | 2.65% | 496,089 | $6.7M | Add +25.9% |
| GRVY Gravity Co. Ltd.-Sponsored ADR | 2.28% | 89,744 | $5.7M | No change |
Portfolio Sells Q1 2025 → Q2 2025
Portfolio Buys Q1 2025 → Q2 2025
| ELV Elevance Health Inc. | New | 7.75% | +7.75 |
| EXPE Expedia Group Inc. | New | 7.67% | +7.67 |
| UNH Unitedhealth Group Inc. | New | 5.47% | +5.47 |
| ASO Academy Sports & Outdoors Inc. | New | 3.93% | +3.93 |
| TNL Travel + Leisure Co. | Add +69.8% | 8.91% | +1.85 |
| KB KB Financial Group Inc.-ADR | Add +8.5% | 8.41% | +0.80 |
| SBH Sally Beauty Holdings Inc. | Add +54.6% | 8.11% | +0.44 |
| TAP Molson Coors Beverage Co. Class B | Add +97.5% | 7.96% | +0.31 |
| SHG Shinhan Financial Group-ADR | Add +8.2% | 9.53% | +0.15 |
| GOOGL Alphabet Inc. Class A | Add +27.3% | 8.85% | −0.30 |
| BTU Peabody Energy Corp. | Add +25.9% | 2.65% | −0.54 |
| MAT Mattel Inc. | Add +31.0% | 9.16% | −1.17 |
| PBR.A Petroleo Brasil-SP Pref ADR | Add +37.3% | 9.31% | −2.18 |
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 |