Managers / Q2 2020 · view latest →
International Value Advisers, LLC
CIK 0001456417 · 212-584-3570
Summary
International Value Advisers, LLC reported $1.3B in U.S.-listed holdings across 32 positions for Q2 2020.
Its largest position, LKQ1, represents 10.6% of the portfolio.
Compared with Q1 2020, the fund opened 6 new positions and exited 3.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 85.0% · $1.1B
- ETP · 7.4% · $100M
- ADR · 4.0% · $55M
- Other · 3.3% · $45M
- NY Reg Shrs · 0.1% · $2M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2020 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| SKAASkechers USA Inc. Class A | NEW | +838.3K | 838.3K | +$26M | $26M |
| AXPAmerican Express Company | NEW | +150.3K | 150.3K | +$14M | $14M |
| FLSFlowserve Corp. | NEW | +470.4K | 470.4K | +$13M | $13M |
| TIFEURTiffany & Co. | NEW | +93.7K | 93.7K | +$11M | $11M |
| UNUSDUnilever NV ADR | NEW | +37.4K | 37.4K | +$2M | $2M |
| SJMJ.M. Smucker Company | NEW | +16.1K | 16.1K | +$2M | $2M |
| CHVChevron | ADDED | +486.2K | 507.6K | +$44M | $45M |
| AYIAcuity Brands Inc | SOLD OUT | −661.2K | 0 | −$57M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2020
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q4 2020 | $615M | 21 | Feb 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $873M | 27 | Nov 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $1.3B | 32 | Aug 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $1.6B | 29 | May 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $2.4B | 31 | Feb 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $2.7B | 28 | Nov 13, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $2.6B | 23 | Aug 13, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019REVEALED | $2.7B | 22 | May 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $3.3B | 26 | Feb 13, 2019 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.