Ranmore Fund Management Ltd

Fundamental concentrated ★Signal CIK 2055400
League rank
#792
in Fundamental concentrated · #6570 overall
Long book
$757.0M
Q1 2026
Positions
20
Top-10 weight
62%
concentration
Last quarter
+7.5%
SPY +14.8%
Turnover
54%
of book per quarter

Strategy in plain words

auto-generated from filings

Ranmore Fund Management Ltd is a concentrated fundamental stock-picker, running a $757.0M US long book across 20 positions.

The portfolio is concentrated: the top 10 names carry 62% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: VERSANT MEDIA GROUP INC, COMCAST CORP-CLASS A, THE CIGNA GROUP, UNIVERSAL HEALTH SERVICES-B, JSC KASPI.KZ ADR.

Over the last 6 quarters its long book ran on average 2.3pp per quarter ahead of the S&P 500, beating the index in 4 of 6 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
Q4 2024
+4.0%
Q1 2025
+10.9%
Q2 2025
+15.2%
Q3 2025
+8.9%
Q4 2025
-5.1%
Q1 2026
+7.5%

Sector allocation

Technology
24%
Services media
18%
Communications
16%
Financials
12%
Consumer discretionary
11%
Healthcare
8%
Consumer staples
6%
Industrials
4%

Long book by quarter

$107.9M
Q4 2024
$167.3M
Q1 2025
$250.8M
Q2 2025
$369.2M
Q3 2025
$582.7M
Q4 2025
$757.0M
Q1 2026

What does Ranmore Fund own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
VSNT VERSANT MEDIA GROUP INCCommunications1.7M$62.7M8.3%New
CMCSA COMCAST CORP-CLASS ACommunications1.8M$51.2M6.8%+9.9%
CI THE CIGNA GROUPFinancials175.0K$46.7M6.2%New
UHS UNIVERSAL HEALTH SERVICES-BHealthcare260.0K$46.5M6.1%+28.7%
LKQ LKQ CORPConsumer discretionary1.5M$44.5M5.9%+14.9%
HRB H&R BLOCK INCServices media1.4M$44.4M5.9%+47.7%
WU WESTERN UNION COServices media5.0M$43.6M5.8%+19.0%
TNL TRAVEL + LEISURE COServices media590.8K$40.9M5.4%Held
MSFT MICROSOFT CORPTechnology110.0K$40.7M5.4%New
FDS FACTSET RESEARCH SYSTEMS INCTechnology186.0K$40.4M5.3%New
ELV ELEVANCE HEALTH INCFinancials136.6K$40.0M5.3%+20.9%
TAP MOLSON COORS BEVERAGE CO - BConsumer staples900.0K$38.8M5.1%+9.0%
GDDY GODADDY INC - CLASS ATechnology430.0K$35.5M4.7%New
SBH SALLY BEAUTY HOLDINGS INCConsumer discretionary2.4M$33.6M4.4%+0.5%
MTCH MATCH GROUP INCTechnology1.0M$30.7M4.1%New
EXPE EXPEDIA GROUP INCIndustrials130.0K$30.0M4.0%+160.0%
ADBE ADOBE INCTechnology100.0K$24.3M3.2%New
DVA DAVITA INCHealthcare50.0K$7.7M1.0%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 11, 202620$757.0M canonicalSEC ↗
Q4 202513F-HRFeb 13, 202618$582.7M canonicalSEC ↗
Q3 202513F-HRNov 12, 202514$369.2M canonicalSEC ↗
Q2 202513F-HRAug 8, 202514$250.8M canonicalSEC ↗
Q1 202513F-HRMay 13, 202515$167.3M canonicalSEC ↗
Q4 202413F-HRFeb 13, 202514$107.9M canonicalSEC ↗