Contrarius Investment Management Ltd 13F annual report
Contrarius Investment Management Ltd is an investment fund managing more than $1.6 billion ran by Thomas Perkins. There are currently 48 companies in Mr. Perkins’s portfolio. The largest investments include Tesla Inc and Meta Platforms Inc, together worth $308 million.
$1.6 billion Assets Under Management (AUM)
As of 6th August 2024, Contrarius Investment Management Ltd’s top holding is 838,377 shares of Tesla Inc currently worth over $166 million and making up 10.4% of the portfolio value.
Relative to the number of outstanding shares of Tesla Inc, Contrarius Investment Management Ltd owns more than approximately 0.1% of the company.
In addition, the fund holds 282,105 shares of Meta Platforms Inc worth $142 million, whose value grew 12.1% in the past six months.
The third-largest holding is Paramount Global worth $133 million and the next is Warner Bros.Discovery Inc worth $132 million, with 17,798,694 shares owned.
Currently, Contrarius Investment Management Ltd's portfolio is worth at least $1.6 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Contrarius Investment Management Ltd
The Contrarius Investment Management Ltd office and employees reside in St. Helier, Jersey. According to the last 13-F report filed with the SEC, Thomas Perkins serves as the Director at Contrarius Investment Management Ltd.
Recent trades
In the most recent 13F filing, Contrarius Investment Management Ltd revealed that it had opened a new position in
Fox and bought 2,219,225 shares worth $71.1 million.
This means they effectively own approximately 0.1% of the company.
Fox makes up
24.8%
of the fund's Communication Services sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Tesla Inc by buying
333,535 additional shares.
This makes their stake in Tesla Inc total 838,377 shares worth $166 million.
Tesla Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Contrarius Investment Management Ltd is getting rid of from its portfolio.
Contrarius Investment Management Ltd closed its position in Twilio Inc on 13th August 2024.
It sold the previously owned 1,054,998 shares for $80 million.
Thomas Perkins also disclosed a decreased stake in Amazon.com by 0.3%.
This leaves the value of the investment at $91.8 million and 474,936 shares.
One of the smallest hedge funds
The two most similar investment funds to Contrarius Investment Management Ltd are Bluestein R H & Co and Frontier Investment Mgmt Co. They manage $1.61 billion and $1.61 billion respectively.
Thomas Perkins investment strategy
Contrarius Investment Management Ltd’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 26.8% of
the total portfolio value.
The fund focuses on investments in the United States as
47.9% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
52% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $93.8 billion.
The complete list of Contrarius Investment Management Ltd trades based on 13F SEC filings
These positions were updated on August 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Tesla Inc |
66.07%
838,377
|
$165,898,000 | 10.37% |
| Meta Platforms Inc |
3.18%
282,105
|
$142,243,000 | 8.90% |
| Paramount Global |
14.21%
12,841,788
|
$133,426,000 | 8.34% |
| Warner Bros.Discovery Inc |
30.04%
17,798,694
|
$132,422,000 | 8.28% |
| Amazon.com Inc. |
27.44%
474,936
|
$91,781,000 | 5.74% |
| Twilio Inc |
Closed
1,054,998
|
$80,043,000 | |
| Alibaba Group Hldg Ltd |
3.47%
1,059,881
|
$76,311,000 | 4.77% |
| JD.com Inc |
808.61%
2,951,352
|
$76,263,000 | 4.77% |
| Baidu Inc |
39.89%
821,832
|
$71,072,000 | 4.44% |
| Fox Corporation |
Opened
2,219,225
|
$71,060,000 | 4.44% |
| Intel Corp. |
Closed
1,330,054
|
$66,835,000 | |
| WW International Inc |
Closed
7,442,814
|
$65,125,000 | |
| Airbnb, Inc. |
Opened
383,239
|
$58,111,000 | 3.63% |
| Block Inc |
791.61%
877,450
|
$56,587,000 | 3.54% |
| Zoom Video Communications In |
23.60%
889,816
|
$52,668,000 | 3.29% |
| Coinbase Global Inc |
30.35%
220,029
|
$48,897,000 | 3.06% |
| DraftKings Inc. |
32.85%
1,263,944
|
$48,245,000 | 3.02% |
| Barrick Gold Corp. |
1,889.55%
2,815,606
|
$46,964,000 | 2.94% |
| Beyond Inc |
Closed
1,645,165
|
$45,555,000 | |
| Intellia Therapeutics Inc |
793.38%
1,915,410
|
$42,867,000 | 2.68% |
| CRISPR Therapeutics AG |
274.86%
685,716
|
$37,036,000 | 2.32% |
| Sea Ltd |
19.48%
330,977
|
$23,638,000 | 1.48% |
| Sabre Corp |
Closed
5,152,867
|
$22,673,000 | |
| Qurate Retail Inc |
No change
35,250,650
|
$22,208,000 | 1.39% |
| Unity Software Inc. |
Opened
883,608
|
$14,367,000 | 0.90% |
| Applovin Corp |
11.69%
162,534
|
$13,526,000 | 0.85% |
| Pinterest Inc |
84.78%
262,109
|
$11,551,000 | 0.72% |
| Caesars Entertainment Inc Ne |
1.93%
285,889
|
$11,361,000 | 0.71% |
| Victorias Secret And Co |
Closed
412,275
|
$10,942,000 | |
| Seadrill 2021 Ltd |
53.59%
200,766
|
$10,339,000 | 0.65% |
| Diamond Offshore Drilling In |
65.77%
656,845
|
$10,175,000 | 0.64% |
| PayPal Holdings Inc |
Opened
173,596
|
$10,074,000 | 0.63% |
| TripAdvisor Inc. |
Closed
457,933
|
$9,859,000 | |
| Noble Corp Plc |
41.78%
203,682
|
$9,094,000 | 0.57% |
| MGM Resorts International |
Closed
203,198
|
$9,079,000 | |
| Valaris Ltd |
66.51%
116,423
|
$8,674,000 | 0.54% |
| Alphabet Inc |
2.20%
45,178
|
$8,229,000 | 0.51% |
| Kinross Gold Corp. |
Opened
985,881
|
$8,203,000 | 0.51% |
| Match Group Inc. |
Opened
265,529
|
$8,067,000 | 0.50% |
| Nabors Industries Ltd |
19.72%
112,894
|
$8,034,000 | 0.50% |
| International Business Machs |
Opened
45,391
|
$7,850,000 | 0.49% |
| Trip.com Group Ltd |
Opened
147,564
|
$6,936,000 | 0.43% |
| Expedia Group Inc |
Opened
54,855
|
$6,911,000 | 0.43% |
| PENN Entertainment Inc |
61.90%
340,026
|
$6,581,000 | 0.41% |
| IAC Inc |
Closed
112,837
|
$5,910,000 | |
| Transocean Ltd |
64.49%
1,012,903
|
$5,419,000 | 0.34% |
| Philip Morris International Inc |
2.42%
46,709
|
$4,733,000 | 0.30% |
| Hewlett Packard Enterprise C |
7.84%
206,817
|
$4,378,000 | 0.27% |
| Walgreens Boots Alliance Inc |
Closed
167,171
|
$4,365,000 | |
| Snap Inc |
94.93%
241,684
|
$4,014,000 | 0.25% |
| Range Res Corp |
15.60%
116,302
|
$3,900,000 | 0.24% |
| Uber Technologies Inc |
Closed
60,691
|
$3,737,000 | |
| DocuSign Inc |
94.59%
61,930
|
$3,313,000 | 0.21% |
| Disney Walt Co |
Opened
33,350
|
$3,311,000 | 0.21% |
| PDD Holdings Inc |
90.02%
22,105
|
$2,939,000 | 0.18% |
| Nutrien Ltd |
7.44%
51,076
|
$2,600,000 | 0.16% |
| Altria Group Inc. |
7.68%
56,956
|
$2,594,000 | 0.16% |
| Mosaic Co New |
7.47%
84,285
|
$2,436,000 | 0.15% |
| DoorDash Inc |
56.14%
16,366
|
$1,780,000 | 0.11% |
| Tidewater Inc. |
Closed
24,574
|
$1,772,000 | |
| Teck Resources Ltd |
Closed
41,047
|
$1,735,000 | |
| Bluebird bio Inc |
Closed
1,206,506
|
$1,665,000 | |
| Ovintiv Inc |
Closed
37,896
|
$1,664,000 | |
| Roku Inc |
Closed
17,008
|
$1,559,000 | |
| No transactions found | |||
| Showing first 500 out of 64 holdings | |||
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