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Funds (13F)

Artemis Investment Management LLP

Backtest from 7 Nov 2014 to 2 Nov 2026 · weekly · hypothetical

Watch this strategy
Return a year
+13.5%
S&P 500 +13.4%
Last 12 months
+15.2%
S&P 500 +12.1%
Sharpe ratio
0.64
S&P 500 0.72
Biggest drop
−35.2%
S&P 500 −31.8%
$10.0k$20.0k$40.0k 2014201620182020202220242026 $45.6k$45.4k
StrategyS&P 500 $10,000 in Artemis Investment Management LLP from 7 Nov 2014 against the S&P 500 (total return) over the same dates, marked weekly, log scale. Hypothetical: before taxes and trading costs.

About

Copies Artemis Investment Management LLP's quarterly 13F holdings in the companies we cover, weighted by reported value: it buys on the first trading day after each 13F is filed (up to 45 days after the quarter) and holds until the next filing. A 13F shows long US-listed positions only, at the quarter's end, so this misses shorts, cash, bonds, non-US holdings and trading within the quarter.

Artemis Investment Management LLP's 13F holdings →

Key statistics

MeasureStrategyS&P 500
Return a year (compound)+13.5%+13.4%
Total return+356%+354%
Last 12 months+15.2%+12.1%
Last 3 months−0.7%—
Last month−3.3%—
This year so far+10.9%—
Volatility a year19.1%16.5%
Sharpe ratio0.640.72
Biggest drop−35.2%−31.8%
Beta to the S&P 5001.101.00
Alpha a year (t-statistic)−0.7% (−0.39)—
Share of weeks up57%—

Sharpe ratio uses returns above the 3-month Treasury bill rate. Alpha is the yearly return left after allowing for the strategy's exposure to the S&P 500 (CAPM); a t-statistic below about 2 means it cannot be told apart from luck.

Insights

CompanyWeightHeld sinceReturn since
CSCO3.5%——
LRCX2.5%——
NVDA2.4%——
GOOGL2.2%——
AZN2.2%——
JBHT2.1%——
FHN1.7%——
PFE1.7%——
BNS1.6%——
BEN1.6%——
BMY1.6%——
KEY1.6%——
ATI1.5%——
ACN1.5%——
AMZN1.4%——
AXON1.4%——
GM1.3%——
CFG1.3%——
FCX1.2%——
BNY1.2%——
PAGP1.2%——
SLB1.1%——
CR1.1%——
BIIB1.1%——
BKU1.1%——
TFC1.1%——
ABBV1.1%——
CNP1.1%——
JLL1.1%——
LLY1.1%——
NVT1.0%——
WTFC1.0%——
STX1.0%——
EVR1.0%——
MDB1.0%——
VLY1.0%——
AMAT1.0%——
AMD1.0%——
PBR0.9%——
DGX0.9%——
PH0.9%——
GS0.9%——
COHR0.9%——
TRGP0.8%——
UNH0.8%——
CAH0.8%——
VALE0.8%——
AEM0.8%——
EMBJ0.7%——
SGI0.7%——
DELL0.7%——
DEC0.7%——
AFRM0.7%——
TWLO0.7%——
MU0.7%——
FR0.7%——
ELAN0.7%——
BE0.7%——
SPG0.7%——
AAPL0.7%——
GLW0.7%——
FLUT0.6%——
ONTO0.6%——
PAGS0.6%——
CFR0.6%——
HBM0.6%——
RYAAY0.6%——
AXGN0.6%——
MKSI0.6%——
HAS0.6%——
ADM0.6%——
HPE0.6%——
WMT0.5%——
ESI0.5%——
NTRA0.5%——
BOOT0.5%——
TXN0.5%——
TLN0.5%——
BKR0.5%——
BURL0.5%——
C0.4%——
W0.4%——
GMED0.4%——
AEIS0.4%——
PG0.4%——
NOW0.4%——
PLMR0.4%——
TSM0.4%——
FIX0.3%——
DIOD0.3%——
VCYT0.3%——
SNDK0.3%——
VLO0.3%——
SPHR0.3%——
IREN0.3%——
CMC0.3%——
RKT0.3%——
NI0.3%——
LSCC0.3%——
SYF0.3%——
P0.3%——
DVN0.3%——
USFD0.3%——
WRBY0.3%——
CTSH0.3%——
PSX0.3%——
FRO0.2%——
WOLF0.2%——
META0.2%——
HLT0.2%——
COF0.2%——
RCL0.2%——
NET0.2%——
INDI0.2%——
TEAM0.2%——
DINO0.2%——
ROAD0.2%——
AVT0.2%——
IQV0.2%——
JPM0.2%——
B0.2%——
TMO0.2%——
NTR0.2%——
FDX0.2%——
MEDP0.2%——
KO0.2%——
MS0.2%——
SBLK0.2%——
AVGO0.2%——
SW0.2%——
ERO0.2%——
F0.1%——
RGEN0.1%——
JNJ0.1%——
MO0.1%——
GIL0.1%——
STT0.1%——
CMS0.1%——
SES0.1%——
AIG0.1%——
COR0.1%——
APG0.1%——
HOOD0.1%——
PRI0.1%——
DHI0.1%——
AON0.1%——
STLD0.1%——
CRH0.1%——
LYV0.1%——
AKAM0.1%——

Weighted by reported value in the latest 13F, held until the next filing.

PeriodReturn a yearS&P 500SharpeS&P 500Biggest dropBetaAlpha (t)
Whole backtest7 Nov 2014 to 2 Nov 2026+13.5%+13.4%0.640.72−35.2%1.10−0.7% (−0.39)
2018 onwards5 Jan 2018 to 2 Nov 2026+13.1%+13.9%0.560.66−35.2%1.11−1.4% (−0.60)
Last three years3 Nov 2023 to 2 Nov 2026+22.4%+21.8%1.031.16−22.9%1.10−0.7% (−0.20)
Last year7 Nov 2025 to 2 Nov 2026+15.7%+14.2%0.830.84−9.7%0.97+1.8% (0.23)
DateCompanyAction
24 Jul 2026WEXBought
24 Jul 2026VVXBought
24 Jul 2026VIRTBought
24 Jul 2026VCYTBought
24 Jul 2026UNHBought
24 Jul 2026UMBFBought
24 Jul 2026TWLOBought
24 Jul 2026TEAMBought
24 Jul 2026SPHRBought
24 Jul 2026SLBBought
24 Jul 2026SESBought
24 Jul 2026PBought
24 Jul 2026ONTOBought
24 Jul 2026NOWBought
24 Jul 2026NETBought
24 Jul 2026MSBought
24 Jul 2026MKSIBought
24 Jul 2026MDBBought
24 Jul 2026LSCCBought
24 Jul 2026KMTBought
24 Jul 2026IRENBought
24 Jul 2026INDVBought
24 Jul 2026HPEBought
24 Jul 2026GLWBought
24 Jul 2026ESIBought

Dated at the rebalance that made the change.

DateCompanyAction
24 Jul 2026VZSold
24 Jul 2026TSLASold
24 Jul 2026TACSold
24 Jul 2026PRIMSold
24 Jul 2026NEMSold
24 Jul 2026MTCHSold
24 Jul 2026MMSSold
24 Jul 2026MIRSold
24 Jul 2026MASold
24 Jul 2026LPLASold
24 Jul 2026KFYSold
24 Jul 2026GILDSold
24 Jul 2026GEVSold
24 Jul 2026FIGRSold
24 Jul 2026FBKSold
24 Jul 2026EXESold
24 Jul 2026DOWSold
24 Jul 2026DHRSold
24 Jul 2026CVXSold
24 Jul 2026CPSold
24 Jul 2026CHKPSold
24 Jul 2026CEGSold
24 Jul 2026BTUSold
24 Jul 2026BBTSold
24 Jul 2026ALLYSold

Dated at the rebalance that made the change.

Backtests are hypothetical and use today's listed companies only, which flatters results. Past performance does not predict future returns. This is research, not investment advice. How we backtest