CITY OF LONDON INVESTMENT MANAGEMENT CO LTD

Fundamental diversified ★Signal technology specialist (92%) CIK 1034546
League rank
#87
in Fundamental diversified · #391 overall
Long book
$1.38B
Q1 2026
Positions
94
Top-10 weight
65%
concentration
Last quarter
+23.1%
SPY +14.8%
Turnover
29%
of book per quarter

Strategy in plain words

auto-generated from filings

CITY OF LONDON INVESTMENT MANAGEMENT CO LTD is a diversified fundamental manager, specialised in technology (92% of the long book), running a $1.38B US long book across 94 positions.

The portfolio is concentrated: the top 10 names carry 65% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: TAIWAN FUND INC/TH/MD-US INC, ISHARES MSCI SOUTH KOREA ETF, MORGAN STANLEY CHINA A SHARE, TEMPLETON DRAGON FUND INC, ABRDN EMERGING MARKETS EX CH.

Over the last 9 quarters its long book ran on average 3pp per quarter ahead of the S&P 500, beating the index in 7 of 9 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
Q1 2024
+3.9%
Q2 2024
+5.9%
Q3 2024
-2.4%
Q4 2024
-1.0%
Q1 2025
+14.2%
Q2 2025
+13.6%
Q3 2025
+5.5%
Q4 2025
+4.7%
Q1 2026
+23.1%

Sector allocation

Technology
92%
Financials
8%
Services media
0%

Long book by quarter

$1.21B
Q1 2024
$1.17B
Q2 2024
$1.15B
Q3 2024
$1.01B
Q4 2024
$934.8M
Q1 2025
$1.08B
Q2 2025
$1.35B
Q3 2025
$1.33B
Q4 2025
$1.38B
Q1 2026

What does CITY OF own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology357.8K$62.4M4.5%-12.7%
AAPL APPLE INCTechnology213.6K$54.2M3.9%+15.2%
GOOGL ALPHABET INC-CL ATechnology126.7K$36.4M2.6%+15.3%
MSFT MICROSOFT CORPTechnology40.5K$15.0M1.1%-9.8%
KKR KKR & CO INCFinancials73.6K$6.8M0.5%Held
CG CARLYLE GROUP INC/THEFinancials99.7K$4.8M0.4%Held
BX BLACKSTONE INCFinancials23.8K$2.7M0.2%Held
MELI MERCADOLIBRE INCServices media331$572K0.0%-30.3%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202694$1.38B canonicalSEC ↗
Q4 202513F-HRFeb 13, 202687$1.33B canonicalSEC ↗
Q3 202513F-HRNov 14, 202583$1.35B canonicalSEC ↗
Q2 202513F-HRAug 8, 202581$1.08B canonicalSEC ↗
Q1 202513F-HRMay 9, 202586$934.8M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202586$1.01B canonicalSEC ↗
Q3 202413F-HRNov 14, 202485$1.15B canonicalSEC ↗
Q2 202413F-HRAug 9, 202494$1.17B canonicalSEC ↗
Q1 202413F-HRMay 10, 2024104$1.21B canonicalSEC ↗