Orbis Allan Gray portfolio
Investment firmPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 14, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Orbis Allan Gray reported a $29.1 bn portfolio of 96 companies (97 positions, counting each share class separately) to the SEC as of the end of Q2 2026. Its largest positions are CPAY, NBIS, QXO. During the quarter it opened Brown & Brown and Ryan Specialty Holdings.
Sections with a free account
What changed this quarter
87 positions with a change (11 new, 43 added to, 27 trimmed, 6 sold); also, 1 entered through an IPO. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- Booking Holdings+290%more sharesIncreased1.3% → 4.4%
- Nebius Group−22%fewer sharesReduced3.6% → 6.2%
- Insmed+224%more sharesIncreased1.3% → 2.2%
- Shell+115%more sharesIncreased1.6% → 2.4%
- Smurfit Westrock−57%fewer sharesReduced2.3% → 0.9%
- Brown & Brown+1.2 ppof portfolioNew— → 1.2%
- Praxis Precision Medicines−38%fewer sharesReduced3.4% → 1.8%
- PDD Holdings+207%more sharesIncreased0.8% → 1.4%
- American Airlines Group+635%more sharesIncreased0.1% → 1.0%
- Ryan Specialty Holdings+0.8 ppof portfolioNew— → 0.8%
- Westlake−61%fewer sharesReduced2.6% → 0.5%
- Motorola Solutions+28%more sharesIncreased3.4% → 3.4%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- CorpayCPAY6.2%
- Nebius GroupNBIS6.2%
- QXOQXO4.5%
- Booking HoldingsBKNG4.4%
- BrukerBRKR3.7%
- RXORXO3.5%
- Motorola SolutionsMSI3.4%
- AlphabetGOOGL2.9%
- EQTEQT2.9%
- XPOXPO2.4%
- ShellSHEL2.4%
- GXO LogisticsGXO2.3%
- Itau Unibanco HoldingITUB2.3%
- InsmedINSM2.2%
- Alnylam PharmaceuticalsALNY2.1%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Health Care 17%
- ● Industrials 16%
- ● Financials 14%
- ● Information Technology 13%
- ● Energy 9%
- ● Consumer Discretionary 8%
- ● Communication Services 8%
- ● Materials 7%
- ● Consumer Staples 4%
- ● Real Estate 2%
- ● No sector 2%
How its portfolio changed (8 quarters)
Q2 2026: 97
Q2 2026: 40%
Q2 2026: 13.5%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Not counted as a concentrated manager: its top 10 positions are under 45%. Its portfolio is shown all the same, but it is left out of manager counts, the consensus and the ranking. How this is decided
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Same type of filer and a 13F portfolio value between a third and three times this one. It is not a comparison of what they hold.
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