Ruffer LLP
Annual return '25
+6.3%
SPY '25
+17.7%
Alpha
-11.4ptsvs SPY
Invested
$2.4B
Holdings
176
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 100%. 4 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$COIN
COINBASE GLOBAL INC
Q1 2026: Exited (was 735.2k shares)
10.3%
02
$BABA
ALIBABA GROUP HLDG LTD
Q1 2026: Exited (was 481.1k shares)
6.0%
03
$AMZN
AMAZON COM INC
Q1 2026: Sold 98.7% (671.5k → 8.8k shares)
4.8%
04
$MSFT
MICROSOFT CORP
Q1 2026: New position (6.4k shares)
4.8%
05
$SW
SMURFIT WESTROCK PLC
Q1 2026: Exited (was 4.50M shares)
4.6%
06
$BP
BP PLC
Q1 2026: Exited (was 2.24M shares)
4.0%
07
$SLB
SLB LIMITED
Q1 2026: Exited (was 1.15M shares)
3.3%
08
$BF/B
BROWN FORMAN CORP
Held since at least Q1 2024
3.0%
09
$SU
SUNCOR ENERGY INC NEW
Q1 2026: Exited (was 999.2k shares)
2.7%
10
$BAC
BANK AMERICA CORP
Q1 2026: Exited (was 1.67M shares)
2.6%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 11:53 UTC.