Coronation Fund Managers Ltd.

Fundamental diversified ★Signal CIK 1594320
League rank
#733
in Fundamental diversified · #5997 overall
Long book
$2.19B
Q1 2026
Positions
53
Top-10 weight
67%
concentration
Last quarter
+8.8%
SPY +14.8%
Turnover
29%
of book per quarter

Strategy in plain words

auto-generated from filings

Coronation Fund Managers Ltd. is a diversified fundamental manager, running a $2.19B US long book across 53 positions.

The portfolio is concentrated: the top 10 names carry 67% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: MERCADOLIBRE INC, NU HOLDINGS LTD/CAYMAN ISL-A, SEA LTD-ADR, COUPANG INC, GRAB HOLDINGS LTD - CL A.

Over the last 9 quarters its long book ran on average 2.4pp per quarter behind the S&P 500, beating the index in 3 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
+0.9%
Q2 2024
+4.5%
Q3 2024
-1.4%
Q4 2024
+3.5%
Q1 2025
+21.9%
Q2 2025
+8.5%
Q3 2025
-7.5%
Q4 2025
-20.2%
Q1 2026
+8.8%

Sector allocation

Services media
34%
Financials
27%
Consumer discretionary
18%
Technology
10%
Industrials
6%
Communications
3%
Utilities
2%
Healthcare
1%

Long book by quarter

$3.67B
Q1 2024
$1.73B
Q2 2024
$1.80B
Q3 2024
$1.70B
Q4 2024
$1.84B
Q1 2025
$1.84B
Q2 2025
$1.92B
Q3 2025
$2.23B
Q4 2025
$2.19B
Q1 2026

What does Coronation Fund own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
MELI MERCADOLIBRE INCServices media157.8K$272.8M12.4%+11.3%
NU NU HOLDINGS LTD/CAYMAN ISL-AFinancials18.0M$258.3M11.8%+24.8%
CPNG COUPANG INCConsumer discretionary11.8M$222.2M10.1%+98.3%
GRAB GRAB HOLDINGS LTD - CL AServices media32.6M$119.3M5.4%+74.5%
LPLA LPL FINANCIAL HOLDINGS INCFinancials290.4K$87.4M4.0%+27.2%
AMZN AMAZON.COM INCConsumer discretionary330.9K$68.9M3.1%-8.8%
META META PLATFORMS INC-CLASS ATechnology112.4K$64.3M2.9%+34.6%
MMYT MAKEMYTRIP LTDIndustrials1.5M$57.1M2.6%+22.5%
MSFT MICROSOFT CORPTechnology138.6K$51.3M2.3%+49.3%
SCHW SCHWAB (CHARLES) CORPFinancials530.4K$49.9M2.3%+14.4%
SPOT SPOTIFY TECHNOLOGY SACommunications99.7K$48.4M2.2%+38.2%
SPGI S&P GLOBAL INCServices media98.2K$41.8M1.9%+48.5%
GOOGL ALPHABET INC-CL ATechnology138.8K$39.9M1.8%New
V VISA INC-CLASS A SHARESServices media124.6K$37.7M1.7%+3.0%
BKNG BOOKING HOLDINGS INCIndustrials7.4K$31.3M1.4%+16.1%
DASH DOORDASH INC - AServices media194.7K$29.2M1.3%New
UBER UBER TECHNOLOGIES INCServices media383.4K$27.6M1.3%+23.1%
BAP CREDICORP LTDFinancials65.2K$22.1M1.0%New
ELV ELEVANCE HEALTH INCFinancials74.4K$21.8M1.0%-53.3%
IQV IQVIA HOLDINGS INCHealthcare100.5K$17.1M0.8%+34.4%
DIS WALT DISNEY CO/THEServices media166.5K$16.0M0.7%-39.6%
UNH UNITEDHEALTH GROUP INCFinancials58.2K$15.8M0.7%-31.6%
CVNA CARVANA COConsumer discretionary49.2K$15.5M0.7%+14.8%
Z ZILLOW GROUP INC - CServices media349.5K$14.5M0.7%+130.6%
ET ENERGY TRANSFER LPUtilities742.3K$14.3M0.7%+23.0%
NFLX NETFLIX INCServices media145.9K$14.0M0.6%New
KMI KINDER MORGAN INCUtilities365.6K$12.3M0.6%+47.6%
AVGO BROADCOM INCTechnology35.4K$11.0M0.5%New
MA MASTERCARD INC - AServices media13.5K$6.7M0.3%New
NVDA NVIDIA CORPTechnology26.1K$4.6M0.2%New
TMO THERMO FISHER SCIENTIFIC INCOther7.9K$3.9M0.2%-84.5%
CP CANADIAN PACIFIC KANSAS CITYIndustrials45.1K$3.5M0.2%-2.1%
DHR DANAHER CORPTechnology11.1K$2.1M0.1%-52.5%
CRH CRH PLCIndustrials19.1K$2.0M0.1%-44.0%
PGR PROGRESSIVE CORPFinancials9.9K$2.0M0.1%+30.9%
IBKR INTERACTIVE BROKERS GRO-CL AFinancials28.8K$1.9M0.1%+7.4%
UNP UNION PACIFIC CORPIndustrials7.8K$1.9M0.1%-51.7%
LEN LENNAR CORP-AIndustrials19.3K$1.7M0.1%-82.3%
NKE NIKE INC -CL BOther22.1K$1.2M0.1%-90.4%
EFX EQUIFAX INCServices media6.0K$1.1M0.0%New
TRU TRANSUNIONServices media14.0K$966K0.0%-64.1%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 13, 202682$2.19B canonicalSEC ↗
Q4 202513F-HRJan 29, 202684$2.23B canonicalSEC ↗
Q3 202513F-HRNov 7, 202575$1.92B canonicalSEC ↗
Q2 202513F-HRJul 30, 202581$1.84B canonicalSEC ↗
Q1 202513F-HRMay 12, 202582$1.84B canonicalSEC ↗
Q4 202413F-HRJan 28, 202581$1.70B canonicalSEC ↗
Q3 202413F-HROct 29, 202490$1.80B canonicalSEC ↗
Q2 202413F-HR/ARESTATEMENTSep 4, 202495$1.73B canonicalSEC ↗
Q2 202413F-HRJul 18, 2024283$3.49B SEC ↗
Q1 202413F-HRMay 3, 2024291$3.67B canonicalSEC ↗