Asset Value Investors Ltd

Fundamental diversified ★Signal other specialist (99%) CIK 1870300
Long book
$99.6M
Q1 2026
Positions
2
Top-10 weight
100%
concentration
Last quarter
+6.8%
SPY +14.8%
Turnover
33%
of book per quarter

Strategy in plain words

auto-generated from filings

Asset Value Investors Ltd is a diversified fundamental manager, specialised in other (99% of the long book), running a $99.6M US long book across 2 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: NEWS CORP - CLASS A, NELNET INC-CL A.

Over the last 6 quarters its long book ran on average 3.8pp per quarter behind the S&P 500, beating the index in 2 of 6 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q4 2024
+3.7%
Q1 2025
+5.7%
Q2 2025
+3.1%
Q3 2025
-12.1%
Q4 2025
-2.0%
Q1 2026
+6.8%

Sector allocation

Other
99%
Financials
1%

Long book by quarter

$223.2M
Q4 2024
$172.2M
Q1 2025
$136.2M
Q2 2025
$137.6M
Q3 2025
$117.1M
Q4 2025
$99.6M
Q1 2026

What does Asset Value own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NWSA NEWS CORP - CLASS AOther4.0M$98.8M99.2%+7.1%
NNI NELNET INC-CL AFinancials6.4K$821K0.8%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 9, 20262$99.6M canonicalSEC ↗
Q4 202513F-HRJan 6, 20263$117.1M canonicalSEC ↗
Q3 202513F-HROct 20, 20253$137.6M canonicalSEC ↗
Q2 202513F-HRJul 10, 20253$136.2M canonicalSEC ↗
Q1 202513F-HRApr 16, 20254$172.2M canonicalSEC ↗
Q4 202413F-HRMar 3, 20255$223.2M canonicalSEC ↗