Managers / Q4 2025 · view latest →
Challenger Wealth Management
CIK 0002057602 · 6B LIBERTY SUITE 140, ALISO VIEJO, CA, 92656 · 9497540464
Summary
Challenger Wealth Management reported $131M in U.S.-listed holdings across 63 positions for Q4 2025.
Its largest position, CGDVUSD, represents 16.2% of the portfolio.
Compared with Q3 2025, the fund opened 3 new positions and exited 4.
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 · 52.4% · $69M
- ETP · 44.2% · $58M
- Other · 1.9% · $2M
- ADR · 1.1% · $1M
- MLP · 0.2% · $303,400
- Other · 0.2% · $278,761
Quarter-over-Quarter Changes full breakdown →
vs Q3 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| LLYELI LILLY & CO | NEW | +274 | 274 | +$294,674 | $294,674 |
| FTAI AVIATION LTD | NEW | +1.4K | 1.4K | +$272,047 | $272,047 |
| MUMICRON TECHNOLOGY INC | NEW | +717 | 717 | +$204,514 | $204,514 |
| SPROTT ASSET MANAGEMENT LP | SOLD OUT | −15.6K | 0 | −$461,272 | $0 |
| ROPROPER TECHNOLOGIES INC | SOLD OUT | −483 | 0 | −$240,694 | $0 |
| KMBKIMBERLY-CLARK CORP | SOLD OUT | −1.9K | 0 | −$235,241 | $0 |
| TAT&T INC | SOLD OUT | −8.0K | 0 | −$225,908 | $0 |
| UNHUNITEDHEALTH GROUP INC | TRIMMED | −169 | 633 | −$67,933 | $208,842 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2025
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $125M | 58 | May 28, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $131M | 63 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $128M | 64 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $144M | 109 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $126M | 109 | May 16, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $116M | 109 | Feb 24, 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 ↗.