Hancock Prospecting Pty Ltd
Long book
$3.33B
Q1 2026
Positions
36
Top-10 weight
83%
concentration
Last quarter
+13.9%
SPY +14.8%
Turnover
19%
of book per quarter
Strategy in plain words
auto-generated from filingsHancock Prospecting Pty Ltd is an institutional manager, specialised in materials (73% of the long book), running a $3.33B US long book across 36 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: INVESCO QQQ TRUST SERIES 1, MP MATERIALS CORP, TECK RESOURCES LTD-CLS B, HUDBAY MINERALS INC, NEXGEN ENERGY LTD.
Over the last 6 quarters its long book ran on average 4.4pp per quarter ahead of the S&P 500, beating the index in 4 of 6 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q4 2024
+6.7%
Q1 2025
+14.1%
Q2 2025
+23.9%
Q3 2025
-2.8%
Q4 2025
-1.5%
Q1 2026
+13.9%
Sector allocation
Materials 73%
Technology 15%
Energy 3%
Consumer discretionary 3%
Industrials 2%
Communications 2%
Services media 1%
Long book by quarter
What does Hancock Prospecting own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MP MP MATERIALS CORP | Materials | 14.9M | $717.2M | 21.5% | Held |
| TECK TECK RESOURCES LTD-CLS B | Materials | 10.3M | $532.9M | 16.0% | Held |
| HBM HUDBAY MINERALS INC | Materials | 15.9M | $333.2M | 10.0% | +9.3% |
| NXE NEXGEN ENERGY LTD | Materials | 9.1M | $105.5M | 3.2% | Held |
| AMZN AMAZON.COM INC | Consumer discretionary | 351.0K | $73.1M | 2.2% | Held |
| META META PLATFORMS INC-CLASS A | Technology | 108.0K | $61.8M | 1.9% | Held |
| MSFT MICROSOFT CORP | Technology | 159.0K | $58.9M | 1.8% | Held |
| GOOGL ALPHABET INC-CL A | Technology | 200.0K | $57.5M | 1.7% | Held |
| FOX FOX CORP - CLASS B | Communications | 1.0M | $53.8M | 1.6% | +34.7% |
| AVGO BROADCOM INC | Technology | 140.0K | $43.3M | 1.3% | Held |
| NVDA NVIDIA CORP | Technology | 226.8K | $39.6M | 1.2% | Held |
| EQT EQT CORP | Energy | 606.5K | $38.6M | 1.2% | Held |
| RTX RTX CORP | Industrials | 128.0K | $24.7M | 0.7% | New |
| NOC NORTHROP GRUMMAN CORP | Technology | 35.5K | $24.2M | 0.7% | New |
| LHX L3HARRIS TECHNOLOGIES INC | Technology | 70.0K | $24.2M | 0.7% | New |
| LMT LOCKHEED MARTIN CORP | Industrials | 39.0K | $23.6M | 0.7% | New |
| NEM NEWMONT CORP | Materials | 190.0K | $20.6M | 0.6% | New |
| EXE EXPAND ENERGY CORP | Energy | 171.8K | $18.9M | 0.6% | Held |
| NFLX NETFLIX INC | Services media | 194.0K | $18.7M | 0.6% | Held |
| AR ANTERO RESOURCES CORP | Energy | 427.6K | $18.1M | 0.5% | Held |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 41.3K | $16.1M | 0.5% | New |
| DELL DELL TECHNOLOGIES -C | Technology | 76.9K | $12.6M | 0.4% | Held |
| TSLA TESLA INC | Industrials | 20.8K | $7.7M | 0.2% | Held |
| DJT TRUMP MEDIA & TECHNOLOGY GRO | Technology | 430.0K | $4.0M | 0.1% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 36 | $3.33B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 31 | $3.25B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 17, 2025 | 30 | $3.07B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 36 | $3.14B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR/ARESTATEMENT | May 16, 2025 | 32 | $2.53B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 32 | $2.53B | SEC ↗ | |
| Q4 2024 | 13F-HR/ARESTATEMENT | May 16, 2025 | 32 | $1.33B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 32 | $1.33B | SEC ↗ |
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