ABC Arbitrage portfolio
Type not verifiedPortfolio as of Sep 30, 2026 (Q3 2026) · filed with the SEC on Oct 23, 2026 · data updated on Nov 5, 2026 · Q3 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.
ABC Arbitrage reported a $1.0 bn portfolio of 330 companies (411 positions, counting each share class separately) to the SEC as of the end of Q3 2026. Its largest positions are NOK, BTI, DEO. During the quarter it opened Gold Fields and Takeda Pharmaceutical and exited Novo Nordisk A/s.
Sections with a free account
What changed this quarter
241 positions with a change (71 new, 35 added to, 35 trimmed, 100 sold); also, 40 entered through an IPO. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- Nokia+2,213%more sharesIncreased0.6% → 8.9%
- Cemex SAB De CV+739%more sharesIncreased0.6% → 3.8%
- British American Tobacco p.l.c.+75%more sharesIncreased4.9% → 6.8%
- BP−79%fewer sharesReduced3.2% → 0.7%
- RIO Tinto−66%fewer sharesReduced4.2% → 1.3%
- Shell−61%fewer sharesReduced3.2% → 1.4%
- Novo Nordisk A/s−1.7 ppof portfolioSold out1.9% → —
- Lloyds Banking Group−48%fewer sharesReduced3.6% → 1.6%
- Ryanair Holdings+123%more sharesIncreased1.4% → 2.4%
- ING Groep−37%fewer sharesReduced3.4% → 2.2%
- Gold Fields+1.3 ppof portfolioNew— → 1.3%
- Takeda Pharmaceutical+1.0 ppof portfolioNew— → 1.0%
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
- NokiaNOK8.9%
- British American Tobacco p.l.c.BTI6.8%
- DiageoDEO5.0%
- Vodafone Group PublicVOD4.0%
- Cemex SAB De CVCX3.8%
- NatWest GroupNWG3.3%
- HSBC HoldingsHSBC2.9%
- InterContinental Hotels GroupIHG2.9%
- National GridNGG2.7%
- Ryanair HoldingsRYAAY2.4%
- ING GroepING2.2%
- GSKGSK2.2%
- AegonAEG1.8%
- Lloyds Banking GroupLYG1.6%
- Fresenius Medical CareFMS1.4%
Portfolio by sector
- ● Financials 21%
- ● Information Technology 14%
- ● Consumer Staples 13%
- ● Health Care 8%
- ● Industrials 7%
- ● Materials 7%
- ● Consumer Discretionary 6%
- ● Energy 6%
- ● Communication Services 6%
- ● SPAC / vehículos 4%
- ● Utilities 3%
- ● Real Estate 2%
- ● No sector 2%
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
Type not verified: we have not assigned a type because we found no document that is enough to tell. Most 13F filers are in this situation: we only review in depth those that meet the portfolio criteria.
Not counted as a concentrated manager: its portfolio is not within 5 to 100 positions; 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
Managers of a similar size
A 13F portfolio value between a third and three times this one, whatever the type of filer. It is not a comparison of what they hold.
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