Managers / Q2 2025 · view latest →
Ranmore Fund Management Ltd
CIK 0002055400 · COVEHAM HOUSE, DOWNSIDE BRIDGE ROAD, COBHAM, X0, KT11 3EP · 44(0)1932864651
Summary
Ranmore Fund Management Ltd reported $251M in U.S.-listed holdings across 14 positions for Q2 2025.
Its largest position, SHG, represents 9.5% of the portfolio.
Compared with Q1 2025, the fund opened 4 new positions and exited 5.
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 · 70.5% · $177M
- ADR · 29.5% · $74M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ELVELEVANCE HEALTH INC | NEW | +50.0K | 50.0K | +$19M | $19M |
| EXPEEXPEDIA GROUP INC | NEW | +114.0K | 114.0K | +$19M | $19M |
| UNHUNITEDHEALTH GROUP INC | NEW | +44.0K | 44.0K | +$14M | $14M |
| ASOACADEMY SPORTS & OUTDOORS IN | NEW | +220.0K | 220.0K | +$10M | $10M |
| SKAASKECHERS U S A INC | SOLD OUT | −178.0K | 0 | −$10M | $0 |
| MOSMOSAIC CO NEW | SOLD OUT | −340.0K | 0 | −$9M | $0 |
| UHSUNIVERSAL HLTH SVCS INC | SOLD OUT | −46.0K | 0 | −$9M | $0 |
| ABEVAMBEV SA | SOLD OUT | −3.31M | 0 | −$8M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | SHGSHINHAN FINANCIAL GROUP CO Lhistory → | SPN ADR RESTRD | 9.53% | $24M | 529.0K |
| 2 | PETROLEO BRASILEIRO SA PETRO | SP ADR NON VTG | 9.31% | $23M | 2.02M |
| 3 | MATMATTEL INChistory → | COM | 9.16% | $23M | 1.17M |
| 4 | WD5ATRAVEL PLUS LEISURE COhistory → | COM | 8.91% | $22M | 433.0K |
| 5 | GOOGLALPHABET INChistory → | CAP STK CL A | 8.85% | $22M | 126.0K |
| 6 | KBIAKB FINL GROUP INChistory → | SPONSORED ADR | 8.41% | $21M | 255.5K |
| 7 | S7VSALLY BEAUTY HLDGS INChistory → | COM | 8.11% | $20M | 2.20M |
| 8 | TAPMOLSON COORS BEVERAGE COhistory → | CL B | 7.96% | $20M | 415.3K |
| 9 | ELVELEVANCE HEALTH INChistory → | COM | 7.75% | $19M | 50.0K |
| 10 | EXPEEXPEDIA GROUP INChistory → | COM NEW | 7.67% | $19M | 114.0K |
| 11 | UNHUNITEDHEALTH GROUP INChistory → | COM | 5.47% | $14M | 44.0K |
| 12 | ASOACADEMY SPORTS & OUTDOORS INhistory → | COM | 3.93% | $10M | 220.0K |
| 13 | BTUPEABODY ENERGY CORPhistory → | COM | 2.65% | $7M | 496.1K |
| 14 | GD8AGRAVITY CO LTDhistory → | SPONSORED ADS NE | 2.28% | $6M | 89.7K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $757M | 20 | May 11, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $583M | 18 | Feb 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $369M | 14 | Nov 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $251M | 14 | Aug 8, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $167M | 15 | May 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $108M | 14 | Feb 13, 2025 | 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 ↗.