SEC 13F Intelligence

Managers / Q3 2025 · view latest →

Oldfield Partners LLP

CIK 0001492815 · 11 GROSVENOR PLACE, LONDON, X0, SW1X 7HH · 44 207 259 1000

Reported Value
$320M
Q3 2025
Positions
20
Filings on Record
30
2019–present window
Filed
Nov 10, 2025
original filing

Summary

Oldfield Partners LLP reported $320M in U.S.-listed holdings across 20 positions for Q3 2025.

Its largest position, NOV, represents 19.7% of the portfolio.

Compared with Q2 2025, the fund opened 1 new position and exited 0.

Portfolio Metrics

Turnover
+12.3%
vs prior filed quarter
Top-10 Concentration
+96.3%
share of reported value
Largest Position
+19.7%
Nov

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

13F Reported Value
Q4 ’18: $1.8BQ4 ’18Q1 ’19: $988MQ2 ’19: $1.0BQ3 ’19: $1.1BQ4 ’19: $1.1BQ4 ’19Q1 ’20: $790MQ2 ’20: $861MQ3 ’20: $927MQ4 ’20: $2.1BQ4 ’20Q1 ’21: $965MQ2 ’21: $979MQ3 ’21: $934MQ4 ’21: $771MQ4 ’21Q1 ’22: $920MQ2 ’22: $697MQ3 ’22: $505MQ2 ’23: $645MQ2 ’23Q3 ’23: $649MQ4 ’23: $729MQ1 ’24: $742MQ2 ’24: $529MQ2 ’24Q3 ’24: $473MQ4 ’24: $345MQ1 ’25: $342MQ2 ’25: $291MQ2 ’25Q3 ’25: $320MQ4 ’25: $353MQ1 ’26: $393Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 78.4%Other: 15.6%ADR: 6.0%
  • Common Stock · 78.4% · $251M
  • Other · 15.6% · $50M
  • ADR · 6.0% · $19M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NOVNOV INCNEW+4.77M4.77M+$63M$63M
PETROLEO BRASILEIRO SA PETROTRIMMED−296.9K205.2K−$3M$2M
EMBJEMBRAER S.A.TRIMMED−72.7K50.3K−$4M$3M
CEMEX SAB DE CVTRIMMED−419.5K290.6K−$2M$3M
ABEVAMBEV SATRIMMED−1.23M852.0K−$3M$2M
BVNCOMPANIA DE MINAS BUENAVENTUTRIMMED−238.8K165.9K−$3M$4M
TXTERNIUM SATRIMMED−81.6K57.0K−$2M$2M
INFYINFOSYS LTDTRIMMED−130.4K92.0K−$3M$1M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2025

20 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NOVNOV INChistory →COM19.73%$63M4.77M
2LEALEAR CORPhistory →COM NEW19.19%$61M611.0K
3DISDISNEY WALT COhistory →COM15.56%$50M435.2K
4CHUBB LIMITEDCOM15.56%$50M176.5K
5ARWARROW ELECTRS INChistory →COM13.85%$44M366.6K
6LUVSOUTHWEST AIRLS COhistory →COM8.60%$28M863.3K
7BVNCOMPANIA DE MINAS BUENAVENTUhistory →SPONSORED ADR1.26%$4M165.9K
8EMBJEMBRAER S.A.SPONSORED ADS0.95%$3M50.3K
9CEMEX SAB DE CVSPON ADR NEW0.82%$3M290.6K
10PETROLEO BRASILEIRO SA PETROSP ADR NON VTG0.76%$2M205.2K
11TXTERNIUM SASPONSORED ADS0.62%$2M57.0K
12ABEVAMBEV SASPONSORED ADR0.59%$2M852.0K
13ATHMAUTOHOME INCSP ADS RP CL A0.55%$2M62.1K
14INFYINFOSYS LTDSPONSORED ADR0.47%$1M92.0K
15ALGTALLEGIANT TRAVEL COCOM0.36%$1M18.8K
16CURICURIOSITYSTREAM INCCOM CL A0.34%$1M207.2K
17ALLYALLY FINL INCCOM0.33%$1M27.2K
18OIIOCEANEERING INTL INCCOM0.22%$711,90528.7K
194I1PHILIP MORRIS INTL INCCOM0.14%$437,9402.7K
20TAPMOLSON COORS BEVERAGE COCL B0.10%$325,8007.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$393M18Apr 29, 202613F-HRchanges · EDGAR ↗
Q4 2025$353M19Jan 9, 202613F-HRchanges · EDGAR ↗
Q3 2025$320M20Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$291M19Aug 6, 202513F-HRchanges · EDGAR ↗
Q1 2025$342M25May 7, 202513F-HRchanges · EDGAR ↗
Q4 2024$345M29Jan 23, 202513F-HRchanges · EDGAR ↗
Q3 2024$473M30Oct 21, 202413F-HRchanges · EDGAR ↗
Q2 2024$529M29Aug 9, 202413F-HRchanges · EDGAR ↗
Q1 2024$742M30Apr 23, 202413F-HRchanges · EDGAR ↗
Q4 2023$729M28Feb 7, 202413F-HRchanges · EDGAR ↗
Q3 2023$649M22Oct 26, 202313F-HRchanges · EDGAR ↗
Q2 2023$645M22Jul 12, 202313F-HRchanges · EDGAR ↗
Q1 2023Under review23May 10, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review25Jan 25, 202313F-HRchanges · EDGAR ↗
Q3 2022$505M25Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$697M29Jul 13, 202213F-HRchanges · EDGAR ↗
Q1 2022$920M28Apr 20, 202213F-HRchanges · EDGAR ↗
Q4 2021$771M23Feb 8, 202213F-HRchanges · EDGAR ↗
Q3 2021$934M26Oct 6, 202113F-HRchanges · EDGAR ↗
Q2 2021$979M26Aug 25, 202113F-HRchanges · EDGAR ↗
Q1 2021$965M21May 10, 202113F-HRchanges · EDGAR ↗
Q4 2020$2.1B20Feb 4, 202113F-HRchanges · EDGAR ↗
Q3 2020$927M23Oct 30, 202013F-HRchanges · EDGAR ↗
Q2 2020$861M30Aug 4, 202013F-HRchanges · EDGAR ↗
Q1 2020$790M29May 4, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.1B30Feb 11, 202013F-HRchanges · EDGAR ↗
Q3 2019$1.1B30Oct 22, 201913F-HRchanges · EDGAR ↗
Q2 2019$1.0B31Jul 18, 201913F-HRchanges · EDGAR ↗
Q1 2019$988M31Apr 23, 201913F-HRchanges · EDGAR ↗
Q4 2018$1.8B32Feb 14, 201913F-HRchanges · 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 ↗.