undamentalytics Newsletter
Sign in

Hedge fund

LMR Partners LLP

13F for the quarter to June 30, 2026, filed August 14, 2026 · SEC CIK 1578621

Reported value
$11.5bn
54% in companies we cover
Positions we cover
651
Largest NSC 2.0%
Copy, a year
+15.1%
S&P 500 +13.7%
Copy Sharpe ratio
0.72
S&P 500 0.74

How copying its 13F would have done

$10.0k$20.0k$40.0k 2014201620182020202220242026 $57.9k$49.6k
CopyS&P 500 $10,000 copying LMR Partners LLP's filed holdings in companies we cover from May 2, 2014, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −33.2% (S&P 500 −31.8%); beta 1.08; alpha +0.9% a year (t = 0.38); last 12 months +16.3% against +12.1%.

Reported value by quarter

LMR Partners LLP: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).
$0 $2T $4T $6T Reported value, 2014-03-31: $713.9M Reported value, 2014-06-30: $1.2B Reported value, 2014-09-30: $1.3B Reported value, 2014-12-31: $765.1M Reported value, 2015-03-31: $723.2M Reported value, 2015-06-30: $818.2M Reported value, 2015-09-30: $914.6M Reported value, 2015-12-31: $307.2M Reported value, 2016-03-31: $915.2M Reported value, 2016-06-30: $645.6M Reported value, 2016-09-30: $1.1B Reported value, 2016-12-31: $651.1M Reported value, 2017-03-31: $1B Reported value, 2017-06-30: $1.6B Reported value, 2017-09-30: $923.8M Reported value, 2017-12-31: $973.6M Reported value, 2018-03-31: $973.6M Reported value, 2018-06-30: $1.9B Reported value, 2018-09-30: $1.6B Reported value, 2018-12-31: $2B Reported value, 2019-03-31: $2B Reported value, 2019-06-30: $2.7B Reported value, 2019-09-30: $2B Reported value, 2019-12-31: $61.1B Reported value, 2020-03-31: $2.1B Reported value, 2020-06-30: $4B Reported value, 2020-09-30: $4.9B Reported value, 2020-12-31: $6.4B Reported value, 2021-03-31: $4B Reported value, 2021-06-30: $6.6B Reported value, 2021-09-30: $6B Reported value, 2021-12-31: $7B Reported value, 2022-03-31: $6.9B Reported value, 2022-06-30: $4.9B Reported value, 2022-09-30: $4B Reported value, 2022-12-31: $4.4T Reported value, 2023-03-31: $4.3B Reported value, 2023-06-30: $3.2B Reported value, 2023-09-30: $3.4B Reported value, 2023-12-31: $2.9B Reported value, 2024-03-31: $2.9B Reported value, 2024-06-30: $3.7B Reported value, 2024-09-30: $3.6B Reported value, 2024-12-31: $4.6B Reported value, 2025-03-31: $3.8B Reported value, 2025-06-30: $4.6B Reported value, 2025-09-30: $5.5B Reported value, 2025-12-31: $8.1B Reported value, 2026-03-31: $8.6B Reported value, 2026-06-30: $11.5B 2014-03-31 2016-09-30 2019-03-31 2021-09-30 2024-03-31 2026-06-30 $11.5B
View chart data
Period Reported value
2014-03-31 $713.9M
2014-06-30 $1.2B
2014-09-30 $1.3B
2014-12-31 $765.1M
2015-03-31 $723.2M
2015-06-30 $818.2M
2015-09-30 $914.6M
2015-12-31 $307.2M
2016-03-31 $915.2M
2016-06-30 $645.6M
2016-09-30 $1.1B
2016-12-31 $651.1M
2017-03-31 $1B
2017-06-30 $1.6B
2017-09-30 $923.8M
2017-12-31 $973.6M
2018-03-31 $973.6M
2018-06-30 $1.9B
2018-09-30 $1.6B
2018-12-31 $2B
2019-03-31 $2B
2019-06-30 $2.7B
2019-09-30 $2B
2019-12-31 $61.1B
2020-03-31 $2.1B
2020-06-30 $4B
2020-09-30 $4.9B
2020-12-31 $6.4B
2021-03-31 $4B
2021-06-30 $6.6B
2021-09-30 $6B
2021-12-31 $7B
2022-03-31 $6.9B
2022-06-30 $4.9B
2022-09-30 $4B
2022-12-31 $4.4T
2023-03-31 $4.3B
2023-06-30 $3.2B
2023-09-30 $3.4B
2023-12-31 $2.9B
2024-03-31 $2.9B
2024-06-30 $3.7B
2024-09-30 $3.6B
2024-12-31 $4.6B
2025-03-31 $3.8B
2025-06-30 $4.6B
2025-09-30 $5.5B
2025-12-31 $8.1B
2026-03-31 $8.6B
2026-06-30 $11.5B

Holdings and moves

CompanyShare of portfolioValueSharesChange in shares
NSCNorfolk Southern1.98%$227.1m721.9K+66.0% Added
SPCXSpace Exploration Technologies Corp1.59%$183.0m1.07MNew
NVDANVIDIA Corporation1.35%$154.5m772.2K−23.3% Reduced
ECHOEchoStar1.00%$115.3m1.14M−3.1% Reduced
AMZNAmazon0.97%$110.8m465.0K+6243.5% Added
TSLATesla, Inc.0.92%$105.9m251.8K+23.3% Added
TSMTaiwan Semiconductor Manufacturing Co LTD0.89%$102.6m214.8K+55.7% Added
STXSeagate Technology0.88%$100.9m104.6K−23.6% Reduced
AXTAAxalta Coating Systems Ltd.0.88%$100.5m2.94M+66.6% Added
SHELShell plc0.87%$99.5m1.28M+224.1% Added
MSIMotorola Solutions0.84%$96.5m232.3K+16.1% Added
APHAmphenol0.79%$90.1m511.2KNew
DDOGDatadog, Inc.0.75%$86.4m331.7K+153.2% Added
SLABSilicon Laboratories Inc.0.72%$82.9m379.1K+59.2% Added
TTWOTake TWO Interactive Software Inc0.68%$78.0m312.0K+757.3% Added
ROKURoku, Inc0.65%$75.0m543.2KNew
CLSCelestica Inc0.64%$73.2m200.7K−16.4% Reduced
GSATGlobalstar, Inc.0.60%$69.1m849.6KNew
PENPenumbra Inc0.59%$67.5m213.9K−27.7% Reduced
SNDKSandisk0.57%$66.0m29.0K−38.5% Reduced
BABAAlibaba Group Holding Ltd0.57%$65.1m678.2K+33.4% Added
ILMNIllumina, Inc.0.56%$64.1m364.3K+17.1% Added
WTRGEssential Utilities, Inc.0.54%$62.4m1.63M+201.0% Added
AESAES Corporation0.54%$62.4m4.26M+13.0% Added
WATWaters Corporation0.48%$55.2m147.3KNew
AAUCAllied Gold Corp0.47%$54.4m2.29M−5.0% Reduced
CRDOCredo Technology Group Holding Ltd0.47%$54.3m199.7KNew
TXNMTxnm Energy Inc0.47%$53.6m943.5K+35.1% Added
GLWCorning Inc.0.46%$53.2m208.4K+458.3% Added
ANETArista Networks0.45%$52.1m306.5K+513.0% Added
GSKGSK plc0.45%$51.4m980.5K0.0%
MPWRMonolithic Power Systems, Inc.0.43%$49.4m35.8KNew
DYDycom Industries Inc0.41%$47.3m93.6KNew
BTSGBrightspring Health Services, Inc.0.41%$47.2m676.2K+35.0% Added
MUMicron Technology0.41%$47.1m40.8K−91.6% Reduced
MDBMongodb, Inc.0.40%$45.4m135.3KNew
ZMZoom Communications, Inc.0.38%$44.1m510.8K−14.9% Reduced
ASMLAsml Holding NV0.38%$43.3m21.8K+2301.9% Added
GEGE Aerospace0.38%$43.2m115.5K+188.9% Added
AAPLApple Inc.0.36%$40.9m141.3K−40.6% Reduced
ALNYAlnylam Pharmaceuticals, Inc.0.35%$40.4m134.2K+79.8% Added
MSFTMicrosoft Corporation0.33%$37.6m100.8K+55.6% Added
UNITUniti Group Inc.0.31%$36.0m3.13M+0.4%
LRCXLam Research0.31%$35.9m82.9K−10.6% Reduced
INTCIntel0.30%$34.3m245.4K−61.7% Reduced
CSCOCisco0.29%$33.8m288.0K+90.8% Added
TTMITTM Technologies Inc0.29%$33.7m180.4K+20.2% Added
NETCloudflare, Inc.0.29%$33.4m136.3KNew
ELANElanco Animal Health Inc0.29%$32.9m1.34M+14.6% Added
AMATApplied Materials0.28%$31.9m44.1K−43.9% Reduced
FFIVF5, Inc.0.28%$31.7m76.1K+60.2% Added
MRVLMarvell Technology0.27%$31.4m105.3K+23.0% Added
RGENRepligen Corp0.27%$31.2m228.6K−9.7% Reduced
CRWDCrowdStrike0.26%$29.6m38.8K+3.6% Added
KVUEKenvue0.25%$28.8m1.51M−70.0% Reduced
IBMIBM0.25%$28.3m100.5KNew
FPSForgent Power Solutions, Inc.0.24%$27.1m485.0K−17.3% Reduced
CBRSCerebras Systems Inc.0.23%$26.5m120.0KNew
SNOWSnowflake Inc.0.23%$26.4m103.7K+29.6% Added
KLACKLA Corporation0.23%$25.8m85.5K+1776.8% Added
SYNASynaptics Inc0.22%$24.8m200.0KNew
STMStmicroelectronics N.V.0.22%$24.7m330.3KNew
AMPXAmprius Technologies, Inc.0.21%$24.3m1.75MNew
PANWPalo Alto Networks0.21%$24.2m71.0K+3447.0% Added
MDTMedtronic0.21%$24.1m308.6K+1492.7% Added
USFDUS Foods Holding Corp.0.21%$23.7m231.5K+28.6% Added
DVNDevon Energy0.20%$23.5m569.8KNew
COPConocoPhillips0.20%$23.5m225.8K+1505106.7% Added
METAMeta Platforms0.20%$22.9m40.6K+622.8% Added
SGRYSurgery Partners, Inc.0.20%$22.9m1.36M+23.7% Added
BEBloom Energy0.20%$22.9m75.5K+1061.5% Added
BKDBrookdale Senior Living Inc.0.19%$22.1m1.37MNew
DNTHDianthus Therapeutics, Inc.0.19%$21.8m224.0K+92.4% Added
FTNTFortinet0.19%$21.6m140.8K−29.6% Reduced
OKTAOkta, Inc.0.19%$21.4m156.7KNew
ABBVAbbVie0.17%$20.1m79.7KNew
WDCWestern Digital0.17%$19.8m31.1K+1122.6% Added
CRWVCoreweave, Inc.0.17%$19.7m198.3K+42.8% Added
TEVATeva Pharmaceutical Industries LTD0.17%$19.7m582.3KNew
PLTRPalantir Technologies Inc.0.17%$19.4m166.5K+91.8% Added
TERTeradyne0.17%$19.2m39.7KNew
BMYBristol Myers Squibb0.17%$19.0m330.2K+6501.7% Added
AVGOBroadcom0.16%$18.2m48.3K−88.5% Reduced
WULFTerawulf Inc.0.16%$18.1m734.0K−5.3% Reduced
HDBHdfc Bank LTD0.16%$18.0m697.4K+25.3% Added
CRCLCircle Internet Group, Inc.0.15%$17.6m281.6K−3.9% Reduced
MWHSolv Energy, Inc.0.15%$17.6m516.0K+171.2% Added
ORCLOracle Corporation0.15%$17.3m118.2K−14.7% Reduced
HOODRobinhood Markets0.15%$17.0m169.5K+1594.6% Added
INIOInnio N.V.0.15%$17.0m429.5KNew
TELTE Connectivity0.15%$16.9m84.0KNew
OVVOvintiv Inc.0.15%$16.8m318.4K+24.9% Added
WOLFWolfspeed, Inc.0.14%$16.5m341.8KNew
VIKViking Holdings Ltd0.14%$16.3m156.1K−5.6% Reduced
PRCTProcept Biorobotics Corp0.14%$16.3m721.6KNew
USARUSA Rare Earth, Inc.0.14%$16.3m753.7K0.0%
TRGPTarga Resources0.14%$15.9m59.2K+36.4% Added
MSTRStrategy Inc0.14%$15.7m180.7K−35.0% Reduced
NTWONewbury Street II Acquisition Corp0.13%$15.4m1.45M0.0%
ARAntero Resources Corp0.13%$14.9m424.5K+35.3% Added
QNTQuantinuum Inc.0.13%$14.9m182.3KNew
DOCNDigitalocean Holdings, Inc.0.13%$14.9m94.6K−73.4% Reduced
MARMarriott International0.13%$14.7m39.5K−24.7% Reduced
KNTKKinetik Holdings Inc.0.13%$14.6m301.5KNew
MGMMGM Resorts0.13%$14.3m300.0KNew
KEYSKeysight Technologies0.13%$14.3m40.9K−27.0% Reduced
UNFUnifirst Corp0.12%$14.2m53.7K+77.8% Added
COSTCostco0.12%$14.1m15.1K+84.1% Added
MCDMcDonald's0.12%$13.9m51.6K+192.8% Added
REGNRegeneron Pharmaceuticals0.12%$13.9m22.3K+15498.6% Added
BUDAnheuser-busch Inbev SA0.12%$13.8m167.9K+123.9% Added
IMXIInternational Money Express, Inc.0.12%$13.8m955.8K+385.6% Added
COHRCoherent Corp.0.12%$13.4m34.0K−75.7% Reduced
CMCSAComcast0.12%$13.4m544.5K+250.6% Added
WMBWilliams Companies0.12%$13.2m178.1K+24.9% Added
VRTVertiv0.11%$13.0m38.8K+664.9% Added
TSEMTower Semiconductor LTD0.11%$13.0m49.8K−79.6% Reduced
NTESNetease, Inc.0.11%$12.8m99.9K+304.5% Added
ABNBAirbnb0.11%$12.5m87.6KNew
SBUXStarbucks0.11%$12.1m118.5K−25.4% Reduced
PRPermian Resources Corp0.10%$12.1m654.7K+29.8% Added
MAIRMadison Air Solutions Corp0.10%$12.0m307.4KNew
FROGJfrog Ltd0.10%$11.8m130.0KNew
MNSTMonster Beverage0.10%$11.8m122.7KNew
WWayfair Inc.0.10%$11.7m127.1KNew
PPLPPL Corporation0.10%$11.1m305.1K+1210.7% Added
PEverpure0.10%$11.1m140.4K+87.3% Added
TNGXTango Therapeutics, Inc.0.10%$10.9m347.1KNew
LPBBLaunch Two Acquisition Corp.0.09%$10.7m1.00M0.0%
FACTFact II Acquisition Corp.0.09%$10.7m1.00M0.0%
NFLXNetflix0.09%$10.6m148.6K−75.8% Reduced
MPCMarathon Petroleum0.09%$10.5m41.1KNew
IOTSamsara Inc.0.09%$10.4m320.8K+21.9% Added
LNGCheniere Energy, Inc.0.09%$10.2m42.7K+1.3% Added
FRVOFervo Energy Co0.09%$9.9m338.3KNew
XELXcel Energy0.09%$9.9m122.9K+16.0% Added
KDKKodiak AI, Inc.0.09%$9.8m1.92MNew
DLTRDollar Tree0.08%$9.7m80.0KNew
NBIXNeurocrine Biosciences Inc0.08%$9.4m55.5K0.0%
SOLSSolstice Advanced Materials Inc.0.08%$9.3m105.0K+131.3% Added
ARXSArxis, Inc.0.08%$9.3m200.7KNew
ALABAstera Labs, Inc.0.08%$9.0m18.7K−42.2% Reduced
PBRPetrobras - Petroleo Brasileiro SA0.08%$8.9m550.0K+148.1% Added
NESRNational Energy Services Reunited Corp.0.08%$8.9m296.9K+54.0% Added
RVMDRevolution Medicines, Inc.0.07%$8.5m45.5K−65.0% Reduced
TWLOTwilio Inc0.07%$8.4m40.6K−72.9% Reduced
VVisa Inc.0.07%$8.3m24.1K−40.4% Reduced
APLDApplied Digital Corp.0.07%$8.1m218.0KNew
MTZMastec Inc0.07%$8.1m19.5K−52.5% Reduced
MACIMelar Acquisition Corp. I/cayman0.07%$8.1m742.5K−50.0% Reduced
CompanyBought (value)Shares
SPCXSpace Exploration Technologies Corp$183.0m1.07M
AMZNAmazon$109.1m457.6K
NSCNorfolk Southern$90.3m287.1K
APHAmphenol$90.1m511.2K
ROKURoku, Inc$75.0m543.2K
GSATGlobalstar, Inc.$69.1m849.6K
TTWOTake TWO Interactive Software Inc$68.9m275.6K
SHELShell plc$68.8m887.5K
WATWaters Corporation$55.2m147.3K
CRDOCredo Technology Group Holding Ltd$54.3m199.7K
DDOGDatadog, Inc.$52.3m200.7K
MPWRMonolithic Power Systems, Inc.$49.4m35.8K
DYDycom Industries Inc$47.3m93.6K
MDBMongodb, Inc.$45.4m135.3K
GLWCorning Inc.$43.7m171.1K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanySold (value)Shares
MUMicron Technology−$510.4m−442.2K
AVGOBroadcom−$140.6m−372.3K
LLYLilly (Eli)−$108.1m−90.1K
KVUEKenvue−$67.0m−3.51M
UNHUnitedHealth Group−$56.6m−136.3K
INTCIntel−$55.1m−394.6K
TSEMTower Semiconductor LTD−$50.7m−194.5K
SMTCSemtech Corp−$48.1m−297.1K
NVDANVIDIA Corporation−$46.8m−234.0K
COHRCoherent Corp.−$41.8m−106.0K
SNDKSandisk−$41.3m−18.1K
DOCNDigitalocean Holdings, Inc.−$41.0m−261.3K
LSCCLattice Semiconductor Corp−$39.9m−430.0K
LUNRIntuitive Machines, Inc.−$36.8m−1.98M
NFLXNetflix−$33.2m−465.5K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanyValue last quarterShares
LSCCLattice Semiconductor Corp$39.9m430.0K
LUNRIntuitive Machines, Inc.$36.8m1.98M
LITELumentum$28.9m41.2K
JBLJabil$21.5m81.0K
NXPINXP Semiconductors$19.7m100.0K
BMRNBiomarin Pharmaceutical Inc$18.4m324.9K
LYVLive Nation Entertainment$15.3m100.0K
CCICrown Castle$15.2m187.2K
SBACSBA Communications$15.2m88.3K
APTVAptiv$12.7m183.0K
WIXWix.com Ltd.$12.3m136.1K
ELSEquity Lifestyle Properties Inc$11.0m175.7K
FTITechnipFMC plc$10.7m155.4K
GLPIGaming & Leisure Properties, Inc.$10.2m230.1K
CSGPCoStar Group$10.2m252.9K
ADCAgree Realty Corp$10.2m135.0K
CUBECubesmart$10.1m276.3K
OXYOccidental Petroleum$10.1m154.9K
HHHHoward Hughes Holdings Inc.$10.1m158.9K
MAAMid-America Apartment Communities$10.0m82.2K
AXONAxon Enterprise$10.0m23.6K
GTYGetty Realty Corp$10.0m314.1K
INVHInvitation Homes$9.8m395.6K
LINELineage, Inc.$9.8m299.5K
WPCW. P. Carey Inc.$9.4m138.5K
MCHPMicrochip Technology Inc$9.0m140.0K
ADIAnalog Devices$8.8m27.7K
HUTHut 8 Corp.$7.7m165.0K
AZOAutoZone$7.7m2.3K
PLXSPlexus Corp$7.2m35.4K
  • Technology38.0%
  • Industrials14.9%
  • Health Care12.4%
  • Communication Services7.9%
  • Consumer Discretionary7.9%
  • Energy5.4%
  • Utilities4.4%
  • Materials3.9%
  • Financials2.8%
  • Consumer Staples2.1%
  • Real Estate0.5%

Share of the value held in companies we cover, by sector.

PeriodCopy, a yearS&P 500SharpeS&P 500Biggest dropBeta
Whole backtestMay 2, 2014 to November 2, 2026+15.1%+13.7%0.720.74−33.2%1.08
2018 onwardsJanuary 5, 2018 to November 2, 2026+13.4%+13.9%0.570.66−33.2%1.08
Last three yearsNovember 3, 2023 to November 2, 2026+24.7%+21.8%1.041.16−22.6%1.18
Last yearNovember 7, 2025 to November 2, 2026+18.3%+14.2%0.770.84−8.8%1.31

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.