Kiltearn Partners LLP
Long book
$371.7M
Q1 2026
Positions
25
Top-10 weight
67%
concentration
Last quarter
+8.7%
SPY +14.8%
Turnover
17%
of book per quarter
Strategy in plain words
auto-generated from filingsKiltearn Partners LLP is a concentrated fundamental stock-picker, running a $371.7M US long book across 25 positions.
The portfolio is concentrated: the top 10 names carry 67% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: AFFILIATED MANAGERS GROUP, DOLLAR GENERAL CORP, CVS HEALTH CORP, COMCAST CORP-CLASS A, AMBEV SA-ADR.
Over the last 9 quarters its long book ran on average 2.5pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-6.8%
Q2 2024
+9.1%
Q3 2024
-7.7%
Q4 2024
+3.3%
Q1 2025
+0.3%
Q2 2025
+0.2%
Q3 2025
+8.0%
Q4 2025
+3.1%
Q1 2026
+8.7%
Sector allocation
Healthcare 23%
Financials 23%
Consumer discretionary 19%
Industrials 16%
Communications 8%
Other 6%
Services media 4%
Energy 2%
Long book by quarter
What does Kiltearn Partners own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AMG AFFILIATED MANAGERS GROUP | Financials | 195.1K | $54.0M | 14.5% | -17.5% |
| DG DOLLAR GENERAL CORP | Consumer discretionary | 269.7K | $32.0M | 8.6% | -14.8% |
| CVS CVS HEALTH CORP | Healthcare | 365.1K | $26.2M | 7.1% | -17.4% |
| CMCSA COMCAST CORP-CLASS A | Communications | 800.0K | $23.0M | 6.2% | -17.4% |
| LUV SOUTHWEST AIRLINES CO | Industrials | 588.9K | $22.1M | 6.0% | -17.4% |
| CI THE CIGNA GROUP | Financials | 74.6K | $19.9M | 5.4% | -17.5% |
| KMX CARMAX INC | Consumer discretionary | 394.7K | $16.4M | 4.4% | -10.7% |
| LYB LYONDELLBASELL INDU-CL A | Other | 194.8K | $15.7M | 4.2% | -17.8% |
| HCA HCA HEALTHCARE INC | Healthcare | 30.0K | $14.2M | 3.8% | -16.2% |
| LKQ LKQ CORP | Consumer discretionary | 480.6K | $14.1M | 3.8% | -3.0% |
| GILD GILEAD SCIENCES INC | Healthcare | 100.4K | $14.0M | 3.8% | -17.2% |
| MDT MEDTRONIC PLC | Healthcare | 149.6K | $13.0M | 3.5% | -17.3% |
| SWK STANLEY BLACK & DECKER INC | Industrials | 127.8K | $9.1M | 2.4% | -17.3% |
| RHI ROBERT HALF INC | Services media | 320.8K | $8.1M | 2.2% | -17.0% |
| FDX FEDEX CORP | Industrials | 22.6K | $8.0M | 2.2% | -16.9% |
| SOLV SOLVENTUM CORP | Healthcare | 102.3K | $6.7M | 1.8% | +29.6% |
| XOM EXXON MOBIL CORP | Energy | 37.6K | $6.4M | 1.7% | -17.6% |
| NOV NOV INC | Industrials | 326.9K | $6.1M | 1.7% | -17.7% |
| UPS UNITED PARCEL SERVICE-CL B | Industrials | 47.6K | $4.7M | 1.3% | -17.2% |
| G GENPACT LTD | Services media | 90.5K | $3.4M | 0.9% | -16.4% |
| PVH PVH CORP | Other | 45.1K | $3.1M | 0.8% | -16.3% |
| VSNT VERSANT MEDIA GROUP INC | Communications | 36.2K | $1.3M | 0.4% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 14, 2026 | 25 | $371.7M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 28 | $461.7M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 28 | $498.9M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 27 | $497.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 29 | $524.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 12, 2025 | 31 | $605.2M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 33 | $735.7M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 33 | $824.8M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 30 | $1.08B | canonical | SEC ↗ |
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