Sherborne Investors Management LP
Long book
$240.9M
Q1 2026
Positions
1
Top-10 weight
100%
concentration
Last quarter
+7.5%
SPY +14.8%
Turnover
0%
of book per quarter
Strategy in plain words
auto-generated from filingsSherborne Investors Management LP is a diversified fundamental manager, specialised in financials (100% of the long book), running a $240.9M US long book across 1 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: NAVIENT CORP.
Over the last 9 quarters its long book ran on average 9.6pp per quarter behind the S&P 500, beating the index in 3 of 9 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
Q1 2024
-15.4%
Q2 2024
+8.2%
Q3 2024
-13.8%
Q4 2024
-3.9%
Q1 2025
+13.0%
Q2 2025
-5.6%
Q3 2025
+0.1%
Q4 2025
-35.9%
Q1 2026
+7.5%
Sector allocation
Financials 100%
Long book by quarter
What does Sherborne Investors own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NAVI NAVIENT CORP | Financials | 29.4M | $240.9M | 100.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 17, 2026 | 1 | $240.9M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 2, 2026 | 1 | $382.8M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 3, 2025 | 1 | $387.3M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 1, 2025 | 1 | $415.2M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 1, 2025 | 1 | $372.0M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 3, 2025 | 1 | $391.4M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 1, 2024 | 1 | $459.1M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 1, 2024 | 1 | $428.8M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 2, 2024 | 1 | $512.4M | canonical | SEC ↗ |