Managers / Q2 2023 · view latest →
Palliser Capital (UK) Ltd
CIK 0001881490 · PALLISER HOUSE, PALLISER ROAD, LONDON, X0, W14 9EQ · 00442081591101
Summary
Palliser Capital (UK) Ltd reported $99M in U.S.-listed holdings across 7 positions for Q2 2023.
The portfolio is heavily concentrated: ACI alone accounts for 27.6% of reported value.
Compared with Q1 2023, the fund opened 1 new position and exited 1.
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 · 83.0% · $82M
- ADR · 8.7% · $9M
- Other · 8.2% · $8M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| VMWEURVMWARE INC | NEW | +126.5K | 126.5K | +$18M | $18M |
| CNNECANNAE HLDGS INC | ADDED | +607.2K | 1.13M | +$12M | $23M |
| TSMTAIWAN SEMICONDUCTOR MFG LTD | SOLD OUT | −27.8K | 0 | −$3M | $0 |
| POH3CARNIVAL PLC | ADDED | +339.0K | 694.7K | +$9M | $12M |
| ATVIEURACTIVISION BLIZZARD INC | TRIMMED | −223.4K | 26.0K | −$19M | $2M |
| ACIALBERTSONS COS INC | TRIMMED | −256.0K | 1.25M | −$4M | $27M |
| RIORIO TINTO PLC | TRIMMED | −12.2K | 135.5K | −$1M | $9M |
| HORIZON THERAPEUTICS PUB L | HELD | −4.1K | 79.5K | −$943,676 | $8M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | ACIALBERTSONS COS INChistory → | COMMON STOCK | 27.58% | $27M | 1.25M |
| 2 | CNNECANNAE HLDGS INChistory → | COM | 23.04% | $23M | 1.13M |
| 3 | VMWEURVMWARE INChistory → | CL A COM | 18.33% | $18M | 126.5K |
| 4 | POH3CARNIVAL PLChistory → | ADR | 11.88% | $12M | 694.7K |
| 5 | RIORIO TINTO PLChistory → | SPONSORED ADR | 8.72% | $9M | 135.5K |
| 6 | HORIZON THERAPEUTICS PUB L | SHS | 8.24% | $8M | 79.5K |
| 7 | ATVIEURACTIVISION BLIZZARD INChistory → | COM | 2.21% | $2M | 26.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $129M | 5 | May 14, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $147M | 5 | Feb 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $136M | 6 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $137M | 5 | Jul 29, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $85M | 3 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $125M | 6 | Jan 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $148M | 11 | Oct 28, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $100M | 10 | Jul 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $73M | 10 | Apr 17, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $65M | 6 | Jan 8, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $63M | 6 | Oct 11, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $99M | 7 | Jul 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $88M | 7 | Apr 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $41M | 9 | Jan 17, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $62M | 10 | Nov 10, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $68M | 9 | Aug 1, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $68M | 8 | Apr 20, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $118M | 8 | Feb 14, 2022 | 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 ↗.