Managers / Q1 2026
Silphium Asset Management Ltd
CIK 0001758440 · 110 PARK STREET, LONDON, X0, W1K 6NX · 02031307100
Summary
Silphium Asset Management Ltd reported $264M in U.S.-listed holdings across 52 positions for Q1 2026.
The portfolio is heavily concentrated: Vanguard Index Fds alone accounts for 26.6% of reported value.
Compared with Q4 2025, the fund opened 10 new positions and exited 8.
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
- ETP · 78.6% · $207M
- Common Stock · 20.7% · $55M
- Other · 0.5% · $1M
- ADR · 0.2% · $499,284
Quarter-over-Quarter Changes full breakdown →
vs Q4 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ISHARES INC | NEW | +68.2K | 68.2K | +$12M | $12M |
| CATCATERPILLAR INC | NEW | +1.7K | 1.7K | +$1M | $1M |
| ROSTROSS STORES INC | NEW | +5.1K | 5.1K | +$1M | $1M |
| MUMICRON TECHNOLOGY INC | NEW | +2.0K | 2.0K | +$687,504 | $687,504 |
| BABOEING CO | NEW | +3.2K | 3.2K | +$636,896 | $636,896 |
| NOKNOKIA CORP | NEW | +62.1K | 62.1K | +$499,284 | $499,284 |
| SPDR SERIES TRUST | NEW | +4.4K | 4.4K | +$433,578 | $433,578 |
| AMDADVANCED MICRO DEVICES INC | NEW | +2.1K | 2.1K | +$431,272 | $431,272 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2026
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS | S&P 500 ETF SHS | 46.84% | $124M | 206.9K |
| 2 | VANGUARD INTL EQUITY INDEX F | FTSE PACIFIC ETF · FTSE EUROPE ETF | 10.67% | $28M | 304.1K |
| 3 | ISHARES INC | MSCI WORLD ETF · MSCI JAPAN ETF | 6.78% | $18M | 134.7K |
| 4 | XLUSELECT SECTOR SPDR TR | STATE STREET HEA · STATE STREET UTI · STATE STREET ENE · STATE STREET FIN · STATE STREET MAT | 5.91% | $16M | 256.3K |
| 5 | ISHARES TR | CHINA LG-CAP ETF | 3.57% | $9M | 262.4K |
| 6 | NVDANVIDIA CORPORATIONhistory → | COM | 2.68% | $7M | 40.6K |
| 7 | J P MORGAN EXCHANGE TRADED F | BETABUILDERS CDA | 2.07% | $5M | 58.0K |
| 8 | MSFTMICROSOFT CORPhistory → | COM | 1.98% | $5M | 14.2K |
| 9 | GOOGLALPHABET INChistory → | CAP STK CL A | 1.93% | $5M | 17.7K |
| 10 | AAPLAPPLE INChistory → | COM | 1.92% | $5M | 19.9K |
| 11 | INVESCO EXCH TRADED FD TR II | KBW BK ETF | 1.72% | $5M | 57.4K |
| 12 | AMZNAMAZON COM INChistory → | COM | 1.66% | $4M | 21.1K |
| 13 | METAMETA PLATFORMS INChistory → | CL A | 1.27% | $3M | 5.9K |
| 14 | AVGOBROADCOM INChistory → | COM | 1.08% | $3M | 9.2K |
| 15 | LLYELI LILLY & CO | COM | 0.81% | $2M | 2.3K |
| 16 | WMTWALMART INC | COM | 0.74% | $2M | 15.7K |
| 17 | COSTCOSTCO WHOLESALE CORPORATION | COM | 0.72% | $2M | 1.9K |
| 18 | GLOBAL X FDS | GLOBAL X COPPER | 0.54% | $1M | 18.5K |
| 19 | MCKMCKESSON CORP | COM | 0.53% | $1M | 1.6K |
| 20 | EATON CORP PLC | SHS | 0.50% | $1M | 3.7K |
| 21 | SPDR SERIES TRUST | STATE STREET SPD | 0.48% | $1M | 17.1K |
| 22 | CMECME GROUP INC | COM | 0.47% | $1M | 4.2K |
| 23 | CATCATERPILLAR INC | COM | 0.46% | $1M | 1.7K |
| 24 | EQTEQT CORP | COM | 0.42% | $1M | 17.6K |
| 25 | MGAMAGNA INTL INC | COM | 0.42% | $1M | 20.0K |
| 26 | ROSTROSS STORES INC | COM | 0.42% | $1M | 5.1K |
| 27 | TERTERADYNE INC | COM | 0.39% | $1M | 3.5K |
| 28 | APHAMPHENOL CORP | CL A | 0.36% | $962,787 | 7.6K |
| 29 | MAMASTERCARD INCORPORATED | CL A | 0.28% | $745,992 | 1.5K |
| 30 | MUMICRON TECHNOLOGY INC | COM | 0.26% | $687,504 | 2.0K |
| 31 | WMWASTE MGMT INC DEL | COM | 0.25% | $655,821 | 2.9K |
| 32 | ISRGINTUITIVE SURGICAL INC | COM NEW | 0.25% | $655,528 | 1.4K |
| 33 | BABOEING CO | COM | 0.24% | $636,896 | 3.2K |
| 34 | ODFLOLD DOMINION FREIGHT LINE IN | COM | 0.22% | $591,671 | 3.0K |
| 35 | TJXTJX COS INC NEW | COM | 0.19% | $514,553 | 3.2K |
| 36 | IBKRINTERACTIVE BROKERS GROUP IN | COM CL A | 0.19% | $506,177 | 7.5K |
| 37 | NOKNOKIA CORP | SPONSORED ADR | 0.19% | $499,284 | 62.1K |
| 38 | CPCANADIAN PACIFIC KANSAS CITY | COM | 0.19% | $496,817 | 6.3K |
| 39 | AMDADVANCED MICRO DEVICES INC | COM | 0.16% | $431,272 | 2.1K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $264M | 52 | May 5, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $236M | 47 | Jan 27, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $338M | 39 | Nov 4, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $281M | 35 | Aug 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $124M | 29 | Apr 30, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $304M | 58 | Feb 6, 2025 | 13F-HR | changes · EDGAR ↗ |
Other Included Managers
This filing reports holdings on behalf of 2 additional managers.
- Silphium Equity Event Driven Master Fund Ltd028-24679
- Silphium World Equity Hedged Master Fund Ltd028-24680
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 ↗.