Managers / Q3 2021 · view latest →
Stenham Asset Management Ltd
CIK 0001840750 · KINGSWAY HOUSE HAVILLAND STREET, ST PETER PORT, GUERNSEY, GY1 2QE · 00441481716387
Summary
Stenham Asset Management Ltd reported $153M in U.S.-listed holdings across 24 positions for Q3 2021.
Its largest position, TSM, represents 12.6% of the portfolio.
Compared with Q2 2021, the fund opened 4 new positions and exited 6.
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 · 82.1% · $126M
- ADR · 12.6% · $19M
- REIT · 4.1% · $6M
- ETP · 0.7% · $1M
- Closed-End Fund · 0.5% · $796,000
Quarter-over-Quarter Changes full breakdown →
vs Q2 2021 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| MRVLMARVELL TECHNOLOGY INC | NEW | +142.4K | 142.4K | +$9M | $9M |
| FTCHQFARFETCH LTD | NEW | +148.0K | 148.0K | +$6M | $6M |
| MTCHMATCH GROUP INC NEW | NEW | +24.7K | 24.7K | +$4M | $4M |
| SPROTT PHYSICAL GOLD & SILVE | NEW | +46.4K | 46.4K | +$796,000 | $796,000 |
| ADIANALOG DEVICES INC | SOLD OUT | −35.4K | 0 | −$6M | $0 |
| AMZNAMAZON COM INC | SOLD OUT | −1.7K | 0 | −$6M | $0 |
| DISHDISH NETWORK CORPORATION | SOLD OUT | −127.0K | 0 | −$5M | $0 |
| DNLIDENALI THERAPEUTICS INC | SOLD OUT | −45.0K | 0 | −$4M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2021
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $206M | 18 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $200M | 23 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $174M | 21 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $229M | 24 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $246M | 28 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $153M | 22 | Feb 9, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $153M | 24 | Nov 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $163M | 26 | Aug 13, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $142M | 26 | May 7, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $119M | 23 | Feb 2, 2021 | 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 ↗.