Hosking Partners LLP

Other Low signal CIK 1650135
League rank
#505
in Other · #1812 overall
Long book
$2.79B
Q1 2026
Positions
99
Top-10 weight
31%
concentration
Last quarter
+14.5%
SPY +14.8%
Turnover
18%
of book per quarter

Strategy in plain words

auto-generated from filings

Hosking Partners LLP is an institutional manager, running a $2.79B US long book across 99 positions.

The portfolio is moderately concentrated (top 10 ≈ 31% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: ALPHABET INC-CL C, CITIGROUP INC, MICRON TECHNOLOGY INC, FREEPORT-MCMORAN INC, INTERACTIVE BROKERS GRO-CL A.

Over the last 9 quarters its long book ran on average 1.4pp per quarter ahead of the S&P 500, beating the index in 5 of 9 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
Q1 2024
+2.7%
Q2 2024
+1.4%
Q3 2024
+3.0%
Q4 2024
-5.4%
Q1 2025
+12.0%
Q2 2025
+10.2%
Q3 2025
+10.0%
Q4 2025
+4.6%
Q1 2026
+14.5%

Sector allocation

Financials
31%
Industrials
18%
Energy
11%
Technology
11%
Materials
8%
Consumer discretionary
7%
Other
5%
Services media
3%

Long book by quarter

$2.71B
Q1 2024
$2.70B
Q2 2024
$2.59B
Q3 2024
$2.56B
Q4 2024
$2.37B
Q1 2025
$2.51B
Q2 2025
$2.76B
Q3 2025
$2.94B
Q4 2025
$2.79B
Q1 2026

What does Hosking Partners own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
GOOG ALPHABET INC-CL CTechnology477.5K$137.0M4.9%-9.2%
C CITIGROUP INCFinancials1.1M$127.8M4.6%-7.9%
MU MICRON TECHNOLOGY INCTechnology251.4K$84.9M3.0%-34.1%
FCX FREEPORT-MCMORAN INCMaterials1.4M$84.7M3.0%-8.9%
IBKR INTERACTIVE BROKERS GRO-CL AFinancials1.2M$80.2M2.9%-5.5%
AMZN AMAZON.COM INCConsumer discretionary379.5K$79.0M2.8%-10.5%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials153.2K$73.4M2.6%-1.8%
LYB LYONDELLBASELL INDU-CL AOther863.1K$69.5M2.5%+14.6%
CBRE CBRE GROUP INC - AReal estate490.5K$66.4M2.4%-12.5%
AIG AMERICAN INTERNATIONAL GROUPFinancials879.8K$66.2M2.4%-11.2%
AXP AMERICAN EXPRESS COFinancials216.9K$65.6M2.3%-4.4%
DHT DHT HOLDINGS INCIndustrials3.5M$64.2M2.3%-2.3%
HCC WARRIOR MET COAL INCMaterials656.8K$61.2M2.2%-1.6%
COST COSTCO WHOLESALE CORPConsumer discretionary60.6K$60.4M2.2%-9.7%
TDW TIDEWATER INCIndustrials662.4K$55.3M2.0%+1.8%
BKNG BOOKING HOLDINGS INCIndustrials13.1K$55.2M2.0%-0.6%
NE NOBLE CORP PLCEnergy1.1M$51.6M1.8%-7.8%
MPC MARATHON PETROLEUM CORPEnergy210.3K$51.3M1.8%+24.1%
INSW INTERNATIONAL SEAWAYS INCIndustrials686.9K$50.1M1.8%0.0%
SYF SYNCHRONY FINANCIALFinancials721.2K$49.1M1.8%-1.1%
COF CAPITAL ONE FINANCIAL CORPFinancials262.3K$47.9M1.7%+9.1%
GSM FERROGLOBE PLCMaterials11.6M$47.6M1.7%+3.1%
GLW CORNING INCIndustrials340.2K$46.3M1.7%-24.5%
BAC BANK OF AMERICA CORPFinancials947.7K$46.2M1.7%-16.9%
ELV ELEVANCE HEALTH INCFinancials152.4K$44.6M1.6%+5.5%
WFC WELLS FARGO & COFinancials490.0K$39.0M1.4%+4.1%
AVGO BROADCOM INCTechnology119.5K$37.0M1.3%-2.6%
OXY OCCIDENTAL PETROLEUM CORPEnergy568.4K$36.9M1.3%-1.6%
DAL DELTA AIR LINES INCIndustrials545.0K$36.2M1.3%+2.8%
SDRL SEADRILL LIMITEDEnergy782.9K$35.6M1.3%+9.6%
COP CONOCOPHILLIPSEnergy263.6K$34.8M1.2%-6.7%
AA ALCOA CORPIndustrials516.9K$34.3M1.2%-3.2%
MS MORGAN STANLEYFinancials191.5K$31.5M1.1%0.0%
JPM JPMORGAN CHASE & COFinancials103.6K$30.5M1.1%-0.5%
STLD STEEL DYNAMICS INCIndustrials163.5K$29.4M1.1%0.0%
STXN SEAGATE TECHNOLOGY HOLDINGS71.3K$28.0M1.0%-27.3%
VAL VALARIS LTDEnergy283.2K$27.8M1.0%-5.5%
MGM MGM RESORTS INTERNATIONALServices media733.9K$27.2M1.0%+0.6%
SCHW SCHWAB (CHARLES) CORPFinancials283.9K$26.7M1.0%+3.7%
BAP CREDICORP LTDFinancials78.0K$26.5M0.9%-0.9%
TIGO MILLICOM INTL CELLULAR S.A.Communications351.5K$26.3M0.9%-0.9%
CPNG COUPANG INCConsumer discretionary1.3M$25.3M0.9%+64.7%
HSHP HIMALAYA SHIPPING LTDIndustrials1.9M$25.0M0.9%-0.9%
RPRX ROYALTY PHARMA PLC- CL AHealthcare498.0K$23.9M0.9%+52.7%
LRCX LAM RESEARCH CORPIndustrials107.0K$22.9M0.8%-22.8%
CVE CENOVUS ENERGY INCEnergy816.0K$21.6M0.8%-12.2%
GLNG GOLAR LNG LTDIndustrials397.0K$21.5M0.8%-0.9%
JEF JEFFERIES FINANCIAL GROUP INFinancials515.7K$21.3M0.8%+6.0%
MCHP MICROCHIP TECHNOLOGY INCTechnology302.6K$19.6M0.7%+26.0%
BIO BIO-RAD LABORATORIES-AHealthcare69.0K$19.2M0.7%+27.9%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 21, 202699$2.79B canonicalSEC ↗
Q4 202513F-HRFeb 4, 2026114$2.94B canonicalSEC ↗
Q3 202513F-HROct 23, 2025116$2.76B canonicalSEC ↗
Q2 202513F-HRAug 7, 2025118$2.51B canonicalSEC ↗
Q1 202513F-HRMay 12, 2025116$2.37B canonicalSEC ↗
Q4 202413F-HRFeb 5, 2025112$2.56B canonicalSEC ↗
Q3 202413F-HRNov 13, 2024115$2.59B canonicalSEC ↗
Q2 202413F-HRJul 29, 2024120$2.70B canonicalSEC ↗
Q1 202413F-HRMay 2, 2024116$2.71B canonicalSEC ↗