Investor
Ruffer LLP
CIK 0001426859 · filed 2026-05-13 · SEC filing
13F book
$2.44B
Positions
176
90 new · 68 sold
Largest name
10.3%
Coinbase Global, Inc. · COIN
Est. mark
$17M
Price effect on 86 names still held. Flow $230.8M.
| Name | Ticker | Shares | Value | Weight | Est. mark | Change |
|---|---|---|---|---|---|---|
| Coinbase Global, Inc. | COIN | 1.44M | $251.5M | 10.3% | −$37.8M | Added$84.9M |
| Alibaba Group Hldg Ltd | — | 1.17M | $147.4M | 6.0% | −$10.1M | Added$76.7M |
| Amazon Com Inc | AMZN | 561.5K | $117.3M | 4.8% | −$12.5M | Cut−$37.9M |
| Microsoft Corp | MSFT | 313.4K | $116.4M | 4.8% | — | New |
| Smurfit Westrock Plc | SW | 2.79M | $111.3M | 4.6% | $3.44M | Cut−$63.1M |
| Bp Plc | — | 2.1M | $98.9M | 4.0% | $25.9M | Cut$21.1M |
| Slb Limited/Nv | SLB | 1.54M | $79.5M | 3.3% | $15M | Added$35.4M |
| Brown Forman Corp | — | 2.73M | $72.4M | 3.0% | — | New |
| Suncor Energy Inc New | — | 1M | $66.4M | 2.7% | $21.6M | Added$21.9M |
| Bank America Corp | — | 1.32M | $64.3M | 2.6% | −$8.15M | Cut−$27.6M |
| Equinox Gold Corp. | EQX | 4.13M | $59.7M | 2.4% | $1.6M | Cut−$21.8M |
| Solventum Corp | SOLV | 860K | $56.3M | 2.3% | −$8.53M | Added$7.55M |
| Floor & Decor Hldgs Inc | — | 1.1M | $56.1M | 2.3% | −$7.77M | Added$8.85M |
| Exxon Mobil Corp | — | 321.7K | $54.7M | 2.2% | $15.9M | Added$16.2M |
| Lamar Advertising Co/New | LAMR | 338.5K | $43M | 1.8% | $61.1K | Added$12.6M |
| Union Pac Corp | — | 169.3K | $41.2M | 1.7% | $1.55M | Added$10.3M |
| Vista Energy S.A.B. De C.V. | — | 532.9K | $40.3M | 1.7% | $10.6M | Added$21.1M |
| Aris Mng Corp | ARIS | 1.87M | $34.8M | 1.4% | $4.3M | Cut−$8.3M |
| Ge Aerospace | — | 118K | $33.6M | 1.4% | −$2.81M | Added−$2.6M |
| Galiano Gold Inc. | GAU | 13.2M | $33.1M | 1.4% | −$650.7K | Cut−$3.41M |
| Pfizer Inc | PFE | 1.15M | $32.4M | 1.3% | $3.7M | Cut−$644K |
| Eldorado Gold Corp New | — | 899.4K | $31M | 1.3% | −$1.39M | Cut−$27M |
| Pnc Finl Svcs Group Inc | — | 147.4K | $30.8M | 1.3% | −$54.4K | Cut−$620.4K |
| Canadian Pacific Kansas City | — | 374.5K | $29.5M | 1.2% | $1.06M | Added$14.3M |
| Booking Holdings Inc. | BKNG | 6.15K | $26M | 1.1% | — | New |
| Barrick Mng Corp | — | 571.4K | $23.4M | 1.0% | −$1.55M | Cut−$5M |
| Ssr Mining In | — | 731.6K | $21.6M | 0.9% | — | New |
| International Flavors&Fragra | — | 291.6K | $21.2M | 0.9% | $1.25M | Added$5.19M |
| Signet Jewelers Limited | — | 227.6K | $19.3M | 0.8% | $347.4K | Added$3.95M |
| Cooper Cos Inc | — | 216.2K | $15.5M | 0.6% | −$2.24M | Cut−$10.1M |
| Warner Bros. Discovery, Inc. | WBD | 561.1K | $15.5M | 0.6% | — | New |
| Newmont Corp | — | 134.5K | $14.6M | 0.6% | $1.15M | Cut−$1.89M |
| Mohawk Inds Inc | — | 144.3K | $14.2M | 0.6% | — | New |
| U Haul Holding Company | — | 299.1K | $13.4M | 0.5% | −$603K | Cut−$875.4K |
| Centerra Gold Inc. | CGAU | 730.8K | $13M | 0.5% | $2.44M | Cut−$34M |
| Philip Morris Intl Inc | — | 71.9K | $11.9M | 0.5% | $371.2K | Cut−$18.5M |
| Skeena Res Ltd New | — | 399K | $11.9M | 0.5% | $2.38M | Cut−$7.51M |
| Royal Gold Inc | RGLD | 46.3K | $11.8M | 0.5% | $1.51M | Cut−$2.86M |
| Magnum Ice Cream Co Nv | — | 755.6K | $11.1M | 0.5% | −$408.6K | Added$5.68M |
| Integra Res Corp | — | 3.99M | $10.8M | 0.4% | −$4M | Added−$1.36M |
| Kinross Gold Corp | — | 332.4K | $10.2M | 0.4% | — | New |
| Anglogold Ashanti Plc | AU | 98.2K | $9.59M | 0.4% | $1.2M | Cut−$17.8M |
| Pan Amern Silver Corp | — | 170.3K | $9.33M | 0.4% | $493.3K | Cut−$22.2M |
| Kodiak Gas Svcs Inc | — | 147.9K | $8.65M | 0.4% | — | New |
| Antero Midstream Corp | AM | 350.4K | $8.01M | 0.3% | — | New |
| National Fuel Gas Co | NFG | 82.4K | $7.76M | 0.3% | — | New |
| Tc Energy Corp | — | 123K | $7.7M | 0.3% | — | New |
| Venture Global, Inc. | VG | 460.8K | $7.28M | 0.3% | — | New |
| Coeur Mng Inc | — | 384K | $7.22M | 0.3% | $347K | Added$681.6K |
| Bce Inc | — | 280K | $7.06M | 0.3% | — | New |
| Paychex Inc | PAYX | 76.4K | $7.06M | 0.3% | — | New |
| Paycom Software, Inc. | PAYC | 55.2K | $6.73M | 0.3% | −$738.6K | Added$3.61M |
| Td Synnex Corp | SNX | 38.7K | $6.54M | 0.3% | $689K | Added$1.01M |
| Canadian Natl Ry Co | — | 63.1K | $6.49M | 0.3% | — | New |
| M/I Homes, Inc. | MHO | 52.3K | $6.42M | 0.3% | −$117K | Added$3.62M |
| Lyondellbasell Industries N | — | 77.9K | $6.29M | 0.3% | — | New |
| Fox Corp | — | 105.6K | $6.18M | 0.3% | −$1.51M | Added−$1.37M |
| Alcoa Corp | AA | 92.7K | $6.17M | 0.3% | $1.23M | Cut−$7.98M |
| Csx Corp | CSX | 148.2K | $6.1M | 0.3% | — | New |
| Disney Walt Co | — | 61.3K | $5.92M | 0.2% | −$1.06M | Cut−$58.8M |
| Doubleverify Hldgs Inc | — | 612K | $5.83M | 0.2% | −$1.18M | Cut−$1.57M |
| Taiwan Semiconductor Mfg Ltd | — | 15.6K | $5.3M | 0.2% | $540K | Cut−$4.19M |
| Price T Rowe Group Inc | TROW | 56.3K | $5.09M | 0.2% | −$682.9K | Cut−$1.18M |
| Exelixis, Inc. | EXEL | 117.9K | $5.07M | 0.2% | −$41.1K | Added$3.03M |
| Copa Holdings Sa | — | 44.1K | $5.02M | 0.2% | −$302.6K | Cut−$872.7K |
| DHT Holdings, Inc. | DHT | 265.7K | $4.87M | 0.2% | $1.62M | Cut$481.9K |
| Arrow Electrs Inc | — | 33.7K | $4.85M | 0.2% | — | New |
| Commercial Metals Co | CMC | 78.2K | $4.82M | 0.2% | — | New |
| Neurocrine Biosciences Inc | NBIX | 36.1K | $4.77M | 0.2% | −$173.4K | Added$2.29M |
| Federated Hermes, Inc. | FHI | 82.9K | $4.72M | 0.2% | $391.5K | Cut−$3.09M |
| Gen Digital Inc | — | 249.6K | $4.71M | 0.2% | — | New |
| Hf Sinclair Corp | DINO | 75.2K | $4.7M | 0.2% | $1.23M | Cut−$19.7K |
| Maximus, Inc. | MMS | 73K | $4.7M | 0.2% | −$1.62M | Cut−$2.25M |
| Lear Corp | LEA | 38.4K | $4.67M | 0.2% | $254.7K | Added$272.6K |
| Ani Pharmaceuticals Inc | ANIP | 60.2K | $4.64M | 0.2% | — | New |
| Best Buy Co Inc | BBY | 70.8K | $4.56M | 0.2% | −$152.5K | Added$696.4K |
| Incyte Corp | INCY | 47.4K | $4.47M | 0.2% | −$114.9K | Added$1.96M |
| Berkshire Hathaway Inc Del | — | 9K | $4.33M | 0.2% | −$205.7K | Held |
| Flex LNG Ltd. | FLNG | 144.6K | $4.31M | 0.2% | — | New |
| Simply Good Foods Co | SMPL | 299.1K | $4.3M | 0.2% | — | New |
| Fortinet, Inc. | FTNT | 52.5K | $4.3M | 0.2% | — | New |
| Cognizant Technology Solutio | — | 69.3K | $4.26M | 0.2% | — | New |
| Linde Plc | LIN | 8.56K | $4.26M | 0.2% | — | New |
| Gartner Inc | IT | 26.4K | $4.19M | 0.2% | — | New |
| Dynatrace, Inc. | DT | 113.1K | $4.19M | 0.2% | — | New |
| Eastman Chem Co | — | 54.7K | $4.19M | 0.2% | — | New |
| Accenture Plc Ireland | — | 21K | $4.17M | 0.2% | — | New |
| Frontline Plc | FRO | 119.2K | $4.17M | 0.2% | — | New |
| Science Applications Intl Co | — | 43.5K | $4.14M | 0.2% | −$244.3K | Cut−$1.68M |
| Infosys Ltd | INFY | 305K | $4.13M | 0.2% | — | New |
| Amdocs Ltd | DOX | 62.9K | $4.12M | 0.2% | — | New |
| Salesforce, Inc. | CRM | 21.9K | $4.1M | 0.2% | — | New |
| General Mtrs Co | — | 54.6K | $4.08M | 0.2% | −$300.9K | Added$440.4K |
| Genpact Limited | — | 109.1K | $4.08M | 0.2% | — | New |
| DuPont de Nemours, Inc. | DD | 88.1K | $4.05M | 0.2% | — | New |
| Intuit Inc. | INTU | 9.27K | $4.02M | 0.2% | — | New |
| Dorman Prods Inc | — | 38K | $3.98M | 0.2% | −$379.1K | Added$1.48M |
| Ss&C Technologies Hldgs Inc | — | 58.5K | $3.97M | 0.2% | — | New |
| SFL Corp Ltd. | SFL | 350.1K | $3.79M | 0.2% | — | New |
| Garrett Motion Inc. | GTX | 205.9K | $3.75M | 0.2% | $142.5K | Added$501.7K |
| Janus Henderson Group Plc | — | 72.4K | $3.73M | 0.2% | $280.5K | Cut−$2.93M |
| Pitney Bowes Inc | — | 328.6K | $3.64M | 0.1% | $162.9K | Cut−$841K |
| Element Solutions Inc | ESI | 105.8K | $3.62M | 0.1% | — | New |
| Artisan Partners Asset Mgmt | — | 98.8K | $3.61M | 0.1% | — | New |
| Ashland Inc. | ASH | 64.5K | $3.6M | 0.1% | — | New |
| Virtu Finl Inc | — | 81.1K | $3.58M | 0.1% | $871.1K | Cut−$1.42M |
| Franklin Resources Inc | BEN | 146K | $3.46M | 0.1% | — | New |
| Brookfield Corp | — | 84.8K | $3.44M | 0.1% | −$455.5K | Held |
| Skywest Inc | SKYW | 35K | $3.23M | 0.1% | −$254.6K | Added$205.1K |
| Carmax Inc | KMX | 75.6K | $3.15M | 0.1% | $227.1K | Cut−$27.5K |
| Anheuser Busch Inbev Sa/Nv | — | 45K | $3.13M | 0.1% | $244.3K | Held |
| Osisko Development Corp | — | 957.6K | $3.12M | 0.1% | −$178.2K | Added$482.7K |
| Core & Main, Inc. | CNM | 62.9K | $3.12M | 0.1% | — | New |
| Life Time Group Holdings, Inc. | LTH | 115.2K | $3.11M | 0.1% | $45.6K | Cut−$112.3K |
| Choice Hotels Intl Inc | — | 29.4K | $3.05M | 0.1% | — | New |
| First Solar, Inc. | FSLR | 15.1K | $2.99M | 0.1% | — | New |
| Target Corp | TGT | 24.4K | $2.97M | 0.1% | $577K | Cut−$406.8K |
| Brinker Intl Inc | — | 20.7K | $2.96M | 0.1% | — | New |
| Harmony Biosciences Hldgs In | — | 104.7K | $2.94M | 0.1% | −$384.8K | Added$1.4M |
| Century Alum Co | — | 49.9K | $2.93M | 0.1% | $467.9K | Added$2M |
| Sprouts Fmrs Mkt Inc | — | 36.7K | $2.84M | 0.1% | — | New |
| Paylocity Hldg Corp | — | 25.9K | $2.81M | 0.1% | — | New |
| Abercrombie & Fitch Co | — | 30.3K | $2.77M | 0.1% | — | New |
| Urban Outfitters Inc | URBN | 43.5K | $2.77M | 0.1% | — | New |
| Automatic Data Processing In | — | 13.5K | $2.76M | 0.1% | — | New |
| Boyd Gaming Corp | BYD | 33.5K | $2.76M | 0.1% | — | New |
| Indivior Pharmaceuticals, Inc. | INDV | 90.2K | $2.76M | 0.1% | — | New |
| Aptiv Plc | APTV | 39.3K | $2.74M | 0.1% | −$254.2K | Added−$211.1K |
| Invesco Ltd. | IVZ | 112.2K | $2.73M | 0.1% | — | New |
| Valvoline Inc | VVV | 80.3K | $2.71M | 0.1% | — | New |
| Super Group Sghc Limited | — | 248K | $2.69M | 0.1% | — | New |
| Red Rock Resorts, Inc. | RRR | 47.3K | $2.53M | 0.1% | — | New |
| SiteOne Landscape Supply, Inc. | SITE | 18.7K | $2.5M | 0.1% | — | New |
| Boise Cascade Co Del | — | 32.7K | $2.49M | 0.1% | — | New |
| Trade Desk, Inc. | TTD | 108.4K | $2.47M | 0.1% | — | New |
| Dave Inc | — | 13.8K | $2.42M | 0.1% | — | New |
| Wayfair Inc. | W | 31.5K | $2.37M | 0.1% | — | New |
| Chevron Corp New | CVX | 11K | $2.28M | 0.1% | $603.3K | Held |
| Fortune Brands Innovations I | — | 58K | $2.27M | 0.1% | — | New |
| Armstrong World Inds Inc New | — | 13.6K | $2.25M | 0.1% | — | New |
| Murphy USA Inc. | MUSA | 4.52K | $2.24M | 0.1% | — | New |
| Dominos Pizza Inc | DPZ | 6.15K | $2.21M | 0.1% | — | New |
| Warby Parker Inc. | WRBY | 104.3K | $2.2M | 0.1% | — | New |
| Academy Sports & Outdoors In | — | 38.7K | $2.19M | 0.1% | — | New |
| Tractor Supply Co | — | 46.2K | $2.1M | 0.1% | — | New |
| Jpmorgan Chase & Co. | — | 7K | $2.07M | 0.1% | −$194K | Held |
| Eagle Matls Inc | — | 10.7K | $2.03M | 0.1% | — | New |
| Dollar Gen Corp New | — | 16.8K | $2.01M | 0.1% | — | New |
| PagSeguro Digital Ltd. | PAGS | 199.2K | $2M | 0.1% | — | New |
| Dillards Inc | — | 3.43K | $1.97M | 0.1% | — | New |
| Topbuild Corp | — | 5.48K | $1.93M | 0.1% | — | New |
| Boot Barn Hldgs Inc | — | 12.9K | $1.9M | 0.1% | — | New |
| Lennar Corp | — | 20.6K | $1.79M | 0.1% | — | New |
| Darden Restaurants Inc | DRI | 8.98K | $1.77M | 0.1% | — | New |
| Vizsla Silver Corp. | VZLA | 499.8K | $1.66M | 0.1% | — | New |
| Cheesecake Factory Inc | CAKE | 29.2K | $1.6M | 0.1% | — | New |
| Soleno Therapeutics Inc | — | 46.7K | $1.57M | 0.1% | — | New |
| Harmony Gold Mining Co Ltd | — | 96.2K | $1.48M | 0.1% | — | New |
| Ishares Tr | — | 40.7K | $1.4M | 0.1% | −$14.5K | Cut−$3.14M |
| Franco Nev Corp | — | 4.32K | $1.07M | 0.0% | $173.5K | Cut−$221K |
| Arcos Dorados Holdings Inc. | ARCO | 127.1K | $1.05M | 0.0% | $117.3K | Held |
| Novagold Res Inc | NG | 108K | $972.7K | 0.0% | −$35.5K | Cut−$452.8K |
| International Seaways, Inc. | INSW | 12.6K | $921.4K | 0.0% | — | New |
| Fomento Economico Mexicano S | — | 8K | $891K | 0.0% | $81.2K | Held |
| M & T Bk Corp | — | 4K | $829.3K | 0.0% | $22.1K | Held |
| Markel Group Inc. | MKL | 410 | $787K | 0.0% | — | New |
| Travel Plus Leisure Co | — | 7.5K | $520.1K | 0.0% | — | New |
| GoldMining Inc. | GLDG | 402K | $479.6K | 0.0% | −$25.7K | Held |
| Wells Fargo Co New | — | 5K | $399.2K | 0.0% | −$67.5K | Held |
| Epr Pptys | — | 6.48K | $324.7K | 0.0% | $817 | Cut−$37.9K |
| Avnet Inc | AVT | 4.72K | $291.9K | 0.0% | — | New |
| Five Below, Inc | FIVE | 1.25K | $287.3K | 0.0% | — | New |
| Champion Homes, Inc. | SKY | 3.55K | $264.6K | 0.0% | — | New |
| Toll Brothers, Inc. | TOL | 1.92K | $263.3K | 0.0% | — | New |
| D R Horton Inc | — | 1.91K | $263K | 0.0% | — | New |
| Diamondrock Hospitality Co | DRH | 11K | $103.7K | 0.0% | $4.67K | Cut−$3.68K |
Positions as of Q1 2026. 13F filings arrive up to 45 days after quarter-end and omit shorts. Values are quarter-end marks, as filed. Estimated mark is the price effect on shares still held — not realized P&L or investment advice.