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Asset Manager ← All Institutions

ANTIPODES PARTNERS Ltd

PO BOX R1313, ROYAL EXCHANGE, C3 1225 • 612 8970 7705

Q3 2025 · Filed 2025-11-10
Market Value
$4.3B
+33.5%
Holdings
133
+13
New Purchases
31
Added To
38
Closed
22
Reduced
40
Top 10 Concentration
38.6%
Turnover
39.8%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
EXC 3.76% 0.00% +3.75% $160M
SRE 3.54% 0.00% +3.54% $151M
AEE 3.36% 0.00% +3.35% $143M
WTRG 3.01% 0.00% +3.01% $128M
CCI 2.86% 0.00% +2.86% $122M
ETR 2.53% 0.00% +2.53% $108M
D 2.49% 0.00% +2.49% $106M
ENB 2.07% 0.00% +2.07% $88M
AEP 5.75% 3.68% +2.07% $245M
DUK 2.03% 0.00% +2.03% $86M
NI 1.97% 0.00% +1.97% $84M
EVRG 1.71% 0.00% +1.71% $73M
AMT 1.60% 0.00% +1.60% $68M
LNG 1.48% 0.00% +1.48% $63M
GMED 1.20% 0.00% +1.19% $51M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
MSFT 3.65% 7.48% -3.83% $156M
COF 3.47% 6.28% -2.80% $148M
GOOGL 3.60% 6.34% -2.75% $153M
JCI 1.86% 4.21% -2.35% $79M
ALC 1.14% 3.12% -1.98% $49M
AMZN 3.48% 5.39% -1.91% $148M
ALLY 2.37% 4.27% -1.91% $101M
KEYS 1.85% 3.74% -1.89% $79M
WDAY 0.80% 2.45% -1.65% $34M
MU 0.00% 1.56% -1.56% $0
UBS 1.05% 2.57% -1.53% $45M
CX 0.00% 1.31% -1.31% $0
VTR 1.81% 3.04% -1.23% $77M
MRK 3.29% 4.50% -1.21% $140M
HCA 3.62% 4.70% -1.08% $154M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Utilities 29.7%
Technology 13.9%
Healthcare 13.1%
Energy 9.5%
Consumer Cyclical 8.7%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 13 $777M 18.2%
Large Cap 67 $3.1B 73.5%
Mid Cap 32 $329M 7.7%
Small Cap 18 $24M 0.6%
Micro Cap 3 $82K 0.0%

Portfolio Analytics

Avg Market Cap
$156.8B
Median Market Cap
$22.3B
Avg P/E
28.1
Median P/E
23.5
Avg Dividend Yield
0.01%
Avg Beta
0.96
# Stocks
130
# ETFs / Funds
3

Top Holdings (133 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 AEP 5.75% 2,176,088 $245M $112.51 $127M +1,044,629 +92.3%
2 B 4.33% 5,627,170 $184M $32.77 $15M -2,503,924 -30.8%
3 EXC 3.76% 3,557,532 $160M $45.01 $160M +3,554,891 +134604.0%
4 MSFT 3.65% 300,347 $156M $517.99 -$83M -179,607 -37.4%
5 HCA 3.62% 362,179 $154M $426.23 $4M -29,279 -7.5%
6 GOOGL 3.60% 630,208 $153M $243.12 -$49M -517,967 -45.1%
7 SRE 3.54% 1,677,951 $151M $89.99 +1,677,951 NEW
8 AMZN 3.48% 675,608 $148M $219.59 -$24M -108,722 -13.9%
9 COF 3.47% 696,129 $148M $212.60 -$52M -244,983 -26.0%
10 AEE 3.36% 1,370,758 $143M $104.39 $143M +1,369,450 +104698.0%
11 MRK 3.29% 1,671,552 $140M $83.94 -$3M -142,708 -7.9%
12 WTRG 3.01% 3,211,203 $128M $39.90 +3,211,203 NEW
13 CCI 2.86% 1,261,442 $122M $96.50 +1,261,442 NEW
14 FMX 2.65% 1,144,880 $113M $98.64 $18M +222,064 +24.1%
15 AMD 2.64% 696,386 $113M $161.80 $13M -6,444 -0.9%
16 ETR 2.53% 1,158,886 $108M $93.20 +1,158,886 NEW
17 D 2.49% 1,735,194 $106M $61.17 $106M +1,733,143 +84502.3%
18 BKD 2.40% 12,095,669 $102M $8.47 $4M -2,056,104 -14.5%
19 ALLY 2.37% 2,572,354 $101M $39.20 -$36M -928,269 -26.5%
20 ENB 2.07% 1,751,880 $88M $50.46 +1,751,880 NEW
21 DUK 2.03% 697,395 $86M $123.76 +697,395 NEW
22 NI 1.97% 1,941,792 $84M $43.30 +1,941,792 NEW
23 JCI 1.86% 720,640 $79M $109.96 -$55M -551,132 -43.3%
24 KEYS 1.85% 450,454 $79M $174.93 -$40M -277,482 -38.1%
25 VTR 1.81% 1,100,395 $77M $70.00 -$20M -435,646 -28.4%
26 EVRG 1.71% 958,355 $73M $76.03 +958,355 NEW
27 AMT 1.60% 354,584 $68M $192.33 +354,584 NEW
28 EGO 1.54% 2,273,519 $66M $28.89 $5M -693,921 -23.4%
29 LNG 1.48% 267,542 $63M $235.00 +267,542 NEW
30 PCOR 1.46% 850,955 $62M $72.93 $49M +653,174 +330.2%
31 NU 1.31% 3,492,217 $56M $16.01 $21M +957,531 +37.8%
32 GMED 1.20% 891,043 $51M $57.27 $51M +889,229 +49020.3%
33 EAT 1.18% 396,761 $50M $126.69 -$5M +87,768 +28.4%
34 ALC 1.14% 652,329 $49M $74.49 -$51M -476,761 -42.2%
35 UBS 1.05% 1,089,854 $45M $40.86 -$38M -1,342,375 -55.2%
36 WLK 1.01% 555,904 $43M $77.07 -$20M -267,265 -32.5%
37 NEM 0.92% 465,443 $39M $84.32 $16M +68,811 +17.4%
38 LEN 0.91% 306,722 $39M $126.05 $1M -33,279 -9.8%
39 WDAY 0.80% 141,526 $34M $240.75 -$44M -183,533 -56.5%
40 KDP 0.78% 1,309,241 $33M $25.51 +1,309,241 NEW
41 EQT 0.76% 593,102 $32M $54.43 -$23M -359,038 -37.7%
42 CRM 0.70% 125,439 $30M $237.02 -$14M -35,473 -22.0%
43 JNJ 0.68% 155,963 $29M $185.43 $6M +3,931 +2.6%
44 VAL 0.66% 580,198 $28M $48.77 $28M +573,065 +8034.0%
45 TSM 0.46% 69,923 $20M $279.31 $2M -7,713 -9.9%
46 OXY 0.40% 359,488 $17M $47.25 $2M
47 FI 0.39% 127,628 $16M $128.94 +127,628 NEW
48 ALNY 0.34% 31,956 $15M $456.03 -$25M -90,848 -74.0%
49 PDD 0.32% 101,901 $13M $132.18 $1M -14,922 -12.8%
50 LSPD 0.28% 1,030,961 $12M $11.55 -$2M -119,266 -10.4%
51 FLNC 0.28% 1,091,216 $12M $10.80 $12M +1,089,528 +64545.5%
52 DGX 0.28% 61,707 $12M $190.59 $12M +60,707 +6070.7%
53 LYB 0.27% 238,718 $12M $49.04 -$422K +29,099 +13.9%
54 KO 0.25% 162,473 $11M $66.33 -$740K -279 -0.2%
55 HDB 0.23% 281,504 $10M $34.16 -$536K +149,094 +112.6%
56 BABA 0.18% 43,539 $8M $178.74 $3M -83 -0.2%
57 ADSK 0.18% 24,067 $8M $317.69 $8M +23,895 +13892.4%
58 SOC 0.16% 364,050 $7M $18.55 +364,050 NEW
59 OTIS 0.15% 71,356 $7M $91.44 -$556K -146 -0.2%
60 NE 0.12% 184,129 $5M $28.28 +184,129 NEW
61 HON 0.07% 15,154 $3M $210.52 +15,154 NEW
62 SEMR 0.07% 439,659 $3M $7.08 -$745K +13,444 +3.1%
63 AZO 0.06% 640 $3M $4,290.56 $2M +416 +185.7%
64 SUZ 0.04% 198,107 $2M $9.40 -$68K -7,059 -3.4%
65 ASHR 0.03% 12,128 $1M $120.01 +12,128 NEW
66 KSPI 0.02% 9,926 $811K $81.69 +9,926 NEW
67 ROKU 0.02% 7,844 $785K $100.14 $155K +675 +9.4%
68 UIHC 0.02% 62,344 $710K $11.39 $465K +40,323 +183.1%
69 CART 0.01% 11,342 $417K $36.76 +11,342 NEW
70 LX 0.01% 63,315 $337K $5.33 -$119K
71 VLRS 0.01% 44,972 $323K $7.18 +44,972 NEW
72 CFLT 0.01% 14,659 $290K $19.80 +14,659 NEW
73 BRKRP 0.01% 8,168 $265K $32.49 -$14K +1,380 +20.3%
74 MNDY 0.01% 1,303 $252K $193.70 +1,303 NEW
75 ARGX —% 287 $212K $737.62 $29K -45 -13.6%
76 TDW —% 3,362 $179K $53.33 +3,362 NEW
77 PUBM —% 19,065 $158K $8.28 +19,065 NEW
78 CERT —% 12,285 $150K $12.22 $72K +5,620 +84.3%
79 IMNM —% 10,892 $128K $11.71 $32K +631 +6.2%
80 GPCR —% 4,078 $114K $28.00 $53K +1,146 +39.1%
81 ABT —% 828 $111K $133.95 $10K +87 +11.7%
82 CHYM —% 5,402 $109K $20.17 -$64K +402 +8.0%
83 DXCM —% 1,617 $109K $67.29 $35K +773 +91.6%
84 SDGR —% 4,912 $99K $20.06 $73K +3,660 +292.3%
85 STE —% 352 $87K $247.46 $25K +92 +35.4%
86 ABC —% 266 $83K $312.55 $22K +62 +30.4%
87 RIG —% 24,838 $78K $3.12 +24,838 NEW
88 MYRG —% 301 $63K $208.05 -$65K -403 -57.2%
89 ESTA —% 1,307 $54K $40.99 -$34K -741 -36.2%
90 NTRA —% 330 $53K $160.98 $242 +17 +5.4%
91 TMO —% 98 $48K $485.06 +98 NEW
92 MASS —% 5,227 $46K $8.76 -$970 -1,331 -20.3%
93 HSIC —% 632 $42K $66.38 -$862 +46 +7.8%
94 GE —% 137 $41K $300.84 -$18K -94 -40.7%
95 IR —% 486 $40K $82.63 $14K +173 +55.3%
96 IRTC —% 220 $38K $172.00 -$1K -35 -13.7%
97 ORIC —% 2,901 $35K $12.00 -$18K -2,293 -44.1%
98 NUVL —% 391 $34K $86.49 -$3K -88 -18.4%
99 SYK —% 91 $34K $369.70 +91 NEW
100 JANX —% 1,344 $33K $24.44 $9K +296 +28.2%

New Positions

SymbolValue% Port
SRE $151M 3.54%
WTRG $128M 3.01%
CCI $122M 2.86%
ETR $108M 2.53%
ENB $88M 2.07%
DUK $86M 2.03%
NI $84M 1.97%
EVRG $73M 1.71%
AMT $68M 1.60%
LNG $63M 1.48%
KDP $33M 0.78%
FI $16M 0.39%
SOC $7M 0.16%
NE $5M 0.12%
HON $3M 0.07%

Sold Out Positions

SymbolValue% Port
T —%
NTR —%
CX —%
SMWB —%
LUMN —%
GBTG —%
GEV —%
BAH —%
YMM —%
PHM —%
CORZ —%
MGNI —%
CENX —%
MU —%
GDXJ —%
View SEC EDGAR Filings for ANTIPODES PARTNERS Ltd →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms