Silchester International Investors LLP

Fundamental diversified ★Signal other specialist (86%) CIK 1506409
Long book
$115.6M
Q1 2026
Positions
4
Top-10 weight
100%
concentration
Last quarter
-9.3%
SPY +14.8%
Turnover
25%
of book per quarter

Strategy in plain words

auto-generated from filings

Silchester International Investors LLP is a diversified fundamental manager, specialised in other (86% of the long book), running a $115.6M US long book across 4 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: NUTRIEN LTD, COCA-COLA EUROPACIFIC PARTNE, RYANAIR HOLDINGS PLC-SP ADR, CRH PLC.

Over the last 9 quarters its long book ran on average 0.4pp per quarter behind the S&P 500, beating the index in 4 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
-2.0%
Q2 2024
-4.1%
Q3 2024
-5.7%
Q4 2024
+12.2%
Q1 2025
+18.4%
Q2 2025
+0.8%
Q3 2025
+5.4%
Q4 2025
+21.4%
Q1 2026
-9.3%

Sector allocation

Other
90%
Consumer staples
6%
Industrials
4%

Long book by quarter

$837.5M
Q1 2024
$567.1M
Q2 2024
$742.7M
Q3 2024
$812.8M
Q4 2024
$557.3M
Q1 2025
$465.4M
Q2 2025
$305.6M
Q3 2025
$264.2M
Q4 2025
$115.6M
Q1 2026

What does Silchester International own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NTR NUTRIEN LTDOther1.3M$98.8M85.5%-67.7%
CCEP COCA-COLA EUROPACIFIC PARTNEConsumer staples71.5K$6.5M5.6%Held
CRH CRH PLCIndustrials42.4K$4.3M3.8%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 14, 20264$115.6M canonicalSEC ↗
Q4 202513F-HRJan 14, 20263$264.2M canonicalSEC ↗
Q3 202513F-HROct 23, 20253$305.6M canonicalSEC ↗
Q2 202513F-HRJul 18, 20253$465.4M canonicalSEC ↗
Q1 202513F-HRApr 16, 20254$557.3M canonicalSEC ↗
Q4 202413F-HRJan 17, 20254$812.8M canonicalSEC ↗
Q3 202413F-HROct 24, 20244$742.7M canonicalSEC ↗
Q2 202413F-HRJul 23, 20244$567.1M canonicalSEC ↗
Q1 202413F-HRApr 30, 20245$837.5M canonicalSEC ↗