Ranmore Fund Management Ltd
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Ranmore Fund Management Ltd reported 18 stock positions worth $582.7 million. Its top holding was Comcast Class A (CMCSA) at 8.3% of the portfolio, followed by Petroleo Brasil-SP Pref ADR (PBR.A, 7.7%) and Universal Health Services-B (UHS, 7.6%). Compared with Q3 2025, it opened 4 new positions, added to 9 and reduced 3. The biggest buy was a new position in Comcast Class A (CMCSA) and the biggest sale Expedia (EXPE, shares −68%).
- Most Recent 13F
- Q2 2026
- Location
- COBHAM, X0
- CIK
- 0002055400
- Portfolio Value
- $582.7M (Q4 2025)
- SEC Filing
- 0002055400-26-000001 ↗ filed Feb 13, 2026
Holdings Value
Holdings 18 stocks · $582.7M
| CMCSA Comcast Corp. Class A | 8.33% | 1,623,669 | $48.5M | New |
| PBR.A Petroleo Brasil-SP Pref ADR | 7.70% | 3,980,000 | $44.9M | Add +42.1% |
| UHS Universal Health Services-B | 7.56% | 202,000 | $44.0M | Add +31.2% |
| MAT Mattel Inc. | 7.49% | 2,200,000 | $43.6M | Add +4.8% |
| TNL Travel + Leisure Co. | 7.15% | 590,849 | $41.7M | Add +18.6% |
| HRB H&R Block Inc. filed as BLOCK H & R INC | 7.09% | 948,000 | $41.3M | New |
| LKQ LKQ Corp. | 6.84% | 1,320,000 | $39.9M | New |
| ELV Elevance Health Inc. | 6.80% | 113,000 | $39.6M | Add +20.2% |
| WU Western Union Co. | 6.71% | 4,200,000 | $39.1M | Add +31.3% |
| TAP Molson Coors Beverage Co. Class B | 6.62% | 826,000 | $38.6M | Add +25.1% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 6.07% | 452,558 | $35.4M | New |
| SBH Sally Beauty Holdings Inc. | 5.91% | 2,414,667 | $34.4M | Add +9.8% |
| CNC Centene Corp. | 5.75% | 814,000 | $33.5M | No change |
| QCOM Qualcomm Inc. | 5.28% | 180,000 | $30.8M | No change |
| EXPE Expedia Group Inc. | 2.43% | 50,000 | $14.2M | Reduce -67.5% |
| GRVY Gravity Co. Ltd.-Sponsored ADR | 1.39% | 139,744 | $8.1M | Add +55.7% |
| UNH Unitedhealth Group Inc. | 0.57% | 10,000 | $3.3M | Reduce -71.4% |
| KB KB Financial Group Inc.-ADR filed as KB FINL GROUP INC | 0.32% | 21,520 | $1.9M | Reduce -78.5% |
Portfolio Sells Q3 2025 → Q4 2025
Portfolio Buys Q3 2025 → Q4 2025
| CMCSA Comcast Corp. Class A | New | 8.33% | +8.33 |
| HRB H&R Block Inc. | New | 7.09% | +7.09 |
| LKQ LKQ Corp. | New | 6.84% | +6.84 |
| KSPI JSC Kaspi.kz ADR | New | 6.07% | +6.07 |
| GRVY Gravity Co. Ltd.-Sponsored ADR | Add +55.7% | 1.39% | −0.17 |
| WU Western Union Co. | Add +31.3% | 6.71% | −0.21 |
| TNL Travel + Leisure Co. | Add +18.6% | 7.15% | −0.87 |
| UHS Universal Health Services-B | Add +31.2% | 7.56% | −0.97 |
| PBR.A Petroleo Brasil-SP Pref ADR | Add +42.1% | 7.70% | −1.27 |
| ELV Elevance Health Inc. | Add +20.2% | 6.80% | −1.43 |
| TAP Molson Coors Beverage Co. Class B | Add +25.1% | 6.62% | −1.47 |
| MAT Mattel Inc. | Add +4.8% | 7.49% | −2.08 |
| SBH Sally Beauty Holdings Inc. | Add +9.8% | 5.91% | −3.79 |
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 |