Theleme Partners LLP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Theleme Partners LLP reported 12 stock positions worth $1.3 billion. Its top holding was Moderna (MRNA) at 16.1% of the portfolio, followed by Amazon.com (AMZN, 12.7%) and Wells Fargo (WFC, 12.0%). Compared with Q4 2024, it opened 1 new position, added to 2 and reduced 6. The biggest buy was a new position in Flutter Entertainment PLC-Di (FLUT) and the biggest sale Bank of America (BAC, shares −42%).
- Most Recent 13F
- Q2 2026
- Location
- London, X0
- CIK
- 0001511881
- Portfolio Value
- $1.3B (Q1 2025)
- SEC Filing
- 0000919574-25-003069 ↗ filed May 15, 2025
Holdings Value
Holdings 12 stocks · $1.3B
| MRNA Moderna Inc. | 16.14% | 7,242,390 | $205.3M | Reduce -0.9% |
| AMZN Amazon.com Inc. | 12.71% | 850,000 | $161.7M | No change |
| WFC Wells Fargo & Co. | 11.98% | 2,123,000 | $152.4M | Reduce -20.3% |
| TRU Transunion | 11.84% | 1,815,357 | $150.7M | Add +22.6% |
| EFX Equifax Inc. | 11.45% | 598,088 | $145.7M | Reduce -16.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 11.39% | 3,474,300 | $145.0M | Reduce -42.0% |
| UBER Uber Technologies Inc. | 8.76% | 1,529,750 | $111.5M | Add +22.0% |
| FLUT Flutter Entertainment PLC-Di | 6.47% | 371,528 | $82.3M | New |
| SKX Skechers USA Inc. Class A | 5.56% | 1,245,000 | $70.7M | Reduce -19.9% |
| HDB HDFC Bank Ltd.-ADR | 2.62% | 500,800 | $33.3M | No change |
| SONY Sony Group Corp. - SP ADR | 1.05% | 525,000 | $13.3M | Reduce -43.2% |
| SARO Standardaero Inc. | 0.04% | 20,000 | $533K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| BAC Bank of America Corp. | Reduce -42.0% | 11.39% | −6.26 |
| MRNA Moderna Inc. | Reduce -0.9% | 16.14% | −4.23 |
| SKX Skechers USA Inc. Class A | Reduce -19.9% | 5.56% | −1.45 |
| EFX Equifax Inc. | Reduce -16.1% | 11.45% | −0.73 |
| WFC Wells Fargo & Co. | Reduce -20.3% | 11.98% | −0.56 |
| SONY Sony Group Corp. - SP ADR | Reduce -43.2% | 1.05% | −0.26 |
Portfolio Buys Q4 2024 → Q1 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 9 | $1.7B | MRNA, META, UBER, AMZN, TRU |
| Q1 2026 | 9 | $1.5B | MRNA, META, UBER, TRU, AMZN |
| Q4 2025 | 9 | $1.5B | META, MRNA, FLUT, TRU, WFC |
| Q3 2025 | 10 | $1.6B | META, WFC, MRNA, TRU, UBER |
| Q2 2025 | 10 | $1.6B | MRNA, WFC, META, TRU, FLUT |
| Q1 2025 | 12 | $1.3B | MRNA, AMZN, WFC, TRU, EFX |
| Q4 2024 | 11 | $1.5B | MRNA, BAC, WFC, AMZN, EFX |
| Q3 2024 | 10 | $1.7B | MRNA, SCHW, TRU, EFX, HRI |
| Q2 2024 | 8 | $2.0B | MRNA, SCHW, WFC, TRU, HRI |
| Q1 2024 | 7 | $1.8B | MRNA, SCHW, WFC, HRI, TRU |