Manchester Global Management (UK) Ltd

Fundamental concentrated ★Highest signal CIK 1965104
League rank
#283
in Fundamental concentrated · #531 overall
Long book
$749.1M
Q1 2026
Positions
23
Top-10 weight
68%
concentration
Last quarter
+20.8%
SPY +14.8%
Turnover
24%
of book per quarter

Strategy in plain words

auto-generated from filings

Manchester Global Management (UK) Ltd is a concentrated fundamental stock-picker, running a $749.1M US long book across 23 positions.

The portfolio is concentrated: the top 10 names carry 68% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: AMAZON.COM INC, ANALOG DEVICES INC, ALPHABET INC-CL A, FERGUSON ENTERPRISES INC, DANAHER CORP.

Over the last 9 quarters its long book ran on average 1pp 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
+4.6%
Q2 2024
+3.2%
Q3 2024
+3.6%
Q4 2024
-8.9%
Q1 2025
+8.2%
Q2 2025
+2.6%
Q3 2025
+6.6%
Q4 2025
-9.3%
Q1 2026
+20.8%

Sector allocation

Technology
55%
Consumer discretionary
23%
Services media
6%
Industrials
6%
Other
4%
Communications
4%
Financials
2%

Long book by quarter

$569.5M
Q1 2024
$568.9M
Q2 2024
$619.8M
Q3 2024
$758.4M
Q4 2024
$669.8M
Q1 2025
$693.9M
Q2 2025
$760.4M
Q3 2025
$742.2M
Q4 2025
$749.1M
Q1 2026

What does Manchester Global own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AMZN AMAZON.COM INCConsumer discretionary508.7K$105.9M14.1%+91.7%
ADI ANALOG DEVICES INCTechnology226.3K$72.0M9.6%+4.5%
GOOGL ALPHABET INC-CL ATechnology203.5K$58.5M7.8%-39.7%
FERG FERGUSON ENTERPRISES INCConsumer discretionary247.6K$57.8M7.7%-10.2%
DHR DANAHER CORPTechnology230.6K$43.7M5.8%Held
TXN TEXAS INSTRUMENTS INCTechnology210.0K$40.8M5.4%New
SNOW SNOWFLAKE INCTechnology254.2K$38.3M5.1%+51.1%
NOW SERVICENOW INCTechnology291.0K$30.4M4.1%New
MDB MONGODB INCTechnology117.5K$28.8M3.8%+4.9%
V VISA INC-CLASS A SHARESServices media92.9K$28.1M3.7%Held
FWONK LIBERTY MEDIA CORP-FORMULA-CCommunications315.7K$26.8M3.6%Held
CDNS CADENCE DESIGN SYS INCTechnology93.2K$25.9M3.5%Held
LRCX LAM RESEARCH CORPIndustrials115.7K$24.7M3.3%-53.7%
SHOP SHOPIFY INC - CLASS ATechnology200.0K$23.7M3.2%+30.7%
CRH CRH PLCIndustrials194.2K$20.4M2.7%-20.5%
NVDA NVIDIA CORPTechnology102.4K$17.9M2.4%New
NFLX NETFLIX INCServices media185.5K$17.8M2.4%+42.1%
ONON ON HOLDING AG-CLASS AOther522.2K$17.8M2.4%-17.4%
NET CLOUDFLARE INC - CLASS ATechnology71.3K$14.7M2.0%+19.8%
NKE NIKE INC -CL BOther207.7K$11.0M1.5%Held
SCHW SCHWAB (CHARLES) CORPFinancials113.0K$10.6M1.4%New
NP NEPTUNE INSURANCE HOLDI-CL AFinancials65.2K$1.6M0.2%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202623$749.1M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202621$742.2M canonicalSEC ↗
Q3 202513F-HRNov 14, 202521$760.4M canonicalSEC ↗
Q2 202513F-HRAug 14, 202521$693.9M canonicalSEC ↗
Q1 202513F-HRMay 15, 202521$669.8M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202526$758.4M canonicalSEC ↗
Q3 202413F-HRNov 14, 202420$619.8M canonicalSEC ↗
Q2 202413F-HRAug 14, 202419$568.9M canonicalSEC ↗
Q1 202413F-HRMay 15, 202419$569.5M canonicalSEC ↗