Portfolio Holdings
The Company’s portfolio holdings report, detailing a list of all investments, including sector and geographical distribution is released monthly to the London Stock Exchange
Details of the latest monthly portfolio holdings
The latest report can be accessed from the link to the right, while historic reports are available in the archive further down the page.
A list of all investments is displayed below.
As at 28 Feb 2025
Rank
Company
Sector
Country
% of Net Assets
1
AVI Japanese Special Situations Fund
Financials
Japan
12.3
2
Volunteer Park Capital Fund SCSp
Financials
Luxembourg
7.0
3
Alibaba Group
Consumer Discretionary
Hong Kong
3.5
4
Unilever
Consumer Staples
United Kingdom
3.0
5
TotalEnergies
Energy
France
2.9
6
Lloyds Banking Group
Financials
United Kingdom
2.7
7
Imperial Brands
Consumer Staples
United Kingdom
2.7
8
Dassault Aviation
Industrials
France
2.4
9
Panasonic
Consumer Discretionary
Japan
2.3
10
Orange
Communication Services
France
2.2
12
Qinetiq
Industrials
United Kingdom
2.1
13
RTX
Industrials
United States
2.1
14
Jet2
Industrials
United Kingdom
2.1
15
Azelis Group
Materials
Belgium
1.9
16
Bakkafrost
Consumer Staples
Denmark
1.8
17
Sanofi
Health Care
France
1.8
18
Terveystalo
Health Care
Finland
1.7
19
Samsung Electronics
Information Technology
South Korea
1.6
20
General Dynamics
Industrials
United States
1.5
21
Breedon Group
Materials
United Kingdom
1.4
22
Verizon Communications
Communication Services
United States
1.4
23
Intel
Information Technology
United States
1.3
24
Nestle
Consumer Staples
Switzerland
1.2
25
Danieli
Industrials
Italy
0.9
26
Philips
Health Care
Netherlands
0.8
27
Kalmar
Industrials
Finland
0.8
Total equity investments
67.6
Cash and other net assets/(liabilities)
32.4
Archive
Portfolio Holdings FAQs
No investment in the Company’s portfolio may exceed 15% of the Company’s total assets.
The Investment Manager uses MSCI’s Global Industry Classification Standard (GICS).
This sector contains companies whose goods or services are considered non-essential to consumers. These include Automobiles & Components; Consumer Durables & Apparel; Consumer Services; and Retailing.
This sector contains companies whose products are considered essential and which consumers will continue to purchase regardless of changing financial conditions. These include Food & Staples Retailing; Food, Beverage & Tobacco; and Household & Personal Products.
Also in Portfolio & Performance
