SEC 13F Intelligence

Managers / Q4 2020 · view latest →

Stenham Asset Management Ltd

CIK 0001840750 · KINGSWAY HOUSE HAVILLAND STREET, ST PETER PORT, GUERNSEY, GY1 2QE · 00441481716387

Reported Value
$119M
Q4 2020
Positions
23
Filings on Record
10
2019–present window
Filed
Feb 2, 2021
original filing

Summary

Stenham Asset Management Ltd reported $119M in U.S.-listed holdings across 23 positions for Q4 2020.

Its largest position, TSM, represents 13.3% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+75.7%
share of reported value
Largest Position
+13.3%
Taiwan Semiconductor Mfg

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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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 ’20: $119MQ4 ’20Q1 ’21: $142MQ2 ’21: $163MQ2 ’21Q3 ’21: $153MQ4 ’21: $153MQ4 ’21Q1 ’25: $246MQ2 ’25: $229MQ2 ’25Q3 ’25: $174MQ4 ’25: $200MQ4 ’25Q1 ’26: $206Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 77.1%ADR: 13.3%REIT: 8.7%ETP: 0.9%
  • Common Stock · 77.1% · $92M
  • ADR · 13.3% · $16M
  • REIT · 8.7% · $10M
  • ETP · 0.9% · $1M

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
TSMTAIWAN SEMICONDUCTOR MFG LTDNEW+144.5K144.5K+$16M$16M
MAMASTERCARD INCORPORATEDNEW+32.7K32.7K+$12M$12M
EQIXEQUINIX INCNEW+14.6K14.6K+$10M$10M
VVISA INCNEW+43.0K43.0K+$9M$9M
BKNGBOOKING HOLDINGS INCNEW+3.6K3.6K+$8M$8M
MSFTMICROSOFT CORPNEW+33.5K33.5K+$7M$7M
LBRDKLIBERTY BROADBAND CORPNEW+45.0K45.0K+$7M$7M
GOOGALPHABET INCNEW+4.0K4.0K+$7M$7M

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

Holdings — Q4 2020

23 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TSMTAIWAN SEMICONDUCTOR MFG LTDhistory →SPONSORED ADS13.25%$16M144.5K
2MAMASTERCARD INCORPORATEDhistory →CL A9.82%$12M32.7K
3EQIXEQUINIX INChistory →COM8.74%$10M14.6K
4VVISA INChistory →COM CL A7.91%$9M43.0K
5BKNGBOOKING HOLDINGS INChistory →COM6.74%$8M3.6K
6MSFTMICROSOFT CORPhistory →COM6.27%$7M33.5K
7LBRDKLIBERTY BROADBAND CORPhistory →COM SER C5.99%$7M45.0K
8GOOGALPHABET INChistory →CAP STK CL C5.97%$7M4.0K
9CHTRCHARTER COMMUNICATIONS INC Nhistory →CL A5.96%$7M10.7K
10PYPLPAYPAL HLDGS INChistory →COM5.02%$6M25.5K
11AMZNAMAZON COM INChistory →COM4.66%$6M1.7K
12MSCIMSCI INChistory →COM4.51%$5M12.0K
13ASNDASCENDIS PHARMA A/Shistory →SPONSORED4.07%$5M29.0K
14ACRSACLARIS THERAPEUTICS INChistory →COM2.78%$3M510.0K
15DISHDISH NETWORK CORPORATIONhistory →CL A2.61%$3M96.0K
16ADVERUM BIOTECHNOLOGIES INCCOM2.02%$2M222.0K
17ZYMEWORKS INCCOM1.99%$2M50.0K
18SPROTT PHYSICAL GOLD & SILVETR UNIT0.75%$894,00046.4K
19SLVISHARES SILVER TRISHARES0.62%$737,00030.0K
20PHOINVESCOWATER RES ETF0.29%$344,0007.4K
21MISONIX INCCOM0.03%$31,0002.5K
22BYNDBEYOND MEAT INCCOM0.01%$13,000100
23KRESPDRS&P REGL BKG0.00%$1,000600

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$206M18May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$200M23Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$174M21Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$229M24Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$246M28May 15, 202513F-HRchanges · EDGAR ↗
Q4 2021$153M22Feb 9, 202213F-HRchanges · EDGAR ↗
Q3 2021$153M24Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$163M26Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$142M26May 7, 202113F-HRchanges · EDGAR ↗
Q4 2020$119M23Feb 2, 202113F-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 ↗.