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 31 Jan 2026
Rank
Company
Sector
Country
% of Net Assets
AVI Japanese Special Situations Fund
Financials
Japan
9.4
Volunteer Park Capital Fund SCSp
Financials
Luxembourg
6.9
Orange
Communication Services
France
3.0
Unilever
Consumer Staples
United Kingdom
2.8
Dassault Aviation
Industrials
France
2.2
Carlsberg
Consumer Staples
Denmark
2.1
Diageo
Consumer Staples
United Kingdom
2.0
Terveystalo
Health Care
Finland
1.9
GQG Partners Inc.
Financials
United States
1.8
Philips
Health Care
Netherlands
1.8
Laboratorios Farmaceutico
Health Care
Spain
1.8
Verizon Communications
Communication Services
United States
1.8
Danieli
Industrials
Italy
1.7
Qinetiq
Industrials
United Kingdom
1.6
Nestle
Consumer Staples
Switzerland
1.6
ENI
Energy
Italy
1.6
Bakkafrost
Consumer Staples
Denmark
1.6
Viscofan
Consumer Staples
Spain
1.5
TotalEnergies
Energy
France
1.5
Alibaba Group
Consumer Discretionary
Hong Kong
1.5
Sanofi
Health Care
France
1.4
RTX
Industrials
United States
1.4
General Dynamics
Industrials
United States
1.3
Cicor Technologies
Technology
Switzerland
1.2
Jet2
Industrials
United Kingdom
0.8
The Magnum Ice Cream Company
Consumer Staples
Netherlands
0.2
Total equity investments
56.4
Cash and other net assets/(liabilities)
43.6
Net assets
100.0
Archive
Portfolio Holdings FAQs
No investment in the Company’s portfolio may exceed 15% of the Company’s total assets.