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 Aug 2025
Rank
Company
Sector
Country
% of Net Assets
AVI Japanese Special Situations Fund
Financials
Japan
9.9
Volunteer Park Capital Fund SCSp
Financials
Luxembourg
6.9
Unilever
Consumer Staples
United Kingdom
3.1
Alibaba Group
Consumer Discretionary
Hong Kong
3.0
Orange
Communication Services
France
2.8
Dassault Aviation
Industrials
France
2.8
Qinetiq
Industrials
United Kingdom
2.5
Jet2
Industrials
United Kingdom
2.4
RTX
Industrials
United States
2.3
Danieli
Industrials
Italy
2.0
TotalEnergies
Energy
France
1.9
General Dynamics
Industrials
United States
1.8
Terveystalo
Health Care
Finland
1.7
Sanofi
Health Care
France
1.5
Bakkafrost
Consumer Staples
Denmark
1.5
ENI
Energy
Italy
1.5
Azelis Group
Materials
Belgium
1.4
Verizon Communications
Communication Services
United States
1.3
Intel
Information Technology
United States
1.3
GQG Partners Inc.
Financials
United States
1.2
Breedon Group
Materials
United Kingdom
1.2
Nestle
Consumer Staples
Switzerland
1.1
Kalmar
Industrials
Finland
0.9
Philips
Health Care
Netherlands
0.8
Total equity investments
56.8
Cash and other net assets/(liabilities)
43.2
Net assets
100.0
Archive
Portfolio Holdings FAQs
No investment in the Company’s portfolio may exceed 15% of the Company’s total assets.