Antipodes Partners Ltd 13F annual report

Antipodes Partners Ltd is an investment fund managing more than $2.75 trillion ran by Calvin Kwok. There are currently 75 companies in Mr. Kwok’s portfolio. The largest investments include Merck Co Inc and Oracle, together worth $384 billion.

Limited to 30 biggest holdings

$2.75 trillion Assets Under Management (AUM)

As of 29th July 2024, Antipodes Partners Ltd’s top holding is 1,675,646 shares of Merck Co Inc currently worth over $207 billion and making up 7.5% of the portfolio value. In addition, the fund holds 1,252,060 shares of Oracle worth $177 billion, whose value grew 14.5% in the past six months. The third-largest holding is Amazon.com worth $151 billion and the next is Microsoft worth $127 billion, with 284,001 shares owned.

Currently, Antipodes Partners Ltd's portfolio is worth at least $2.75 trillion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Antipodes Partners Ltd

The Antipodes Partners Ltd office and employees reside in Royal Exchange, Australia. According to the last 13-F report filed with the SEC, Calvin Kwok serves as the Chief Legal, Risk & Compliance Officer at Antipodes Partners Ltd.

Recent trades

In the most recent 13F filing, Antipodes Partners Ltd revealed that it had opened a new position in Qualcomm and bought 499,453 shares worth $99.5 billion. This means they effectively own approximately 0.1% of the company. Qualcomm makes up 14.8% of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in Fomento Economico Mexicano Sab by buying 122,032 additional shares. This makes their stake in Fomento Economico Mexicano Sab total 913,752 shares worth $98.4 billion.

On the other hand, there are companies that Antipodes Partners Ltd is getting rid of from its portfolio. Antipodes Partners Ltd closed its position in Flowserve on 5th August 2024. It sold the previously owned 1,305,815 shares for $53.8 million. Calvin Kwok also disclosed a decreased stake in Merck Co Inc by 0.2%. This leaves the value of the investment at $207 billion and 1,675,646 shares.

One of the largest hedge funds

The two most similar investment funds to Antipodes Partners Ltd are Brighton Jones and Lmr Partners LL.P.. They manage $2.76 trillion and $2.76 trillion respectively.


Calvin Kwok investment strategy

Antipodes Partners Ltd’s portfolio is diversified across 11 sectors. Currently, their heaviest sector is Technology — making up 24.4% of the total portfolio value. The fund focuses on investments in the United States as 50.7% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 44% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $109 billion.

The complete list of Antipodes Partners Ltd trades based on 13F SEC filings

These positions were updated on August 5th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Merck Co Inc
22.96%
1,675,646
$207,444,974,000 7.54%
Oracle Corp.
24.72%
1,252,060
$176,790,872,000 6.43%
Amazon.com Inc.
11.81%
782,196
$151,159,377,000 5.49%
Microsoft Corporation
35.00%
284,001
$126,934,247,000 4.61%
Barrick Gold Corp.
9.49%
7,486,288
$124,871,283,000 4.54%
American Electric Power Company Inc.
31.40%
1,368,543
$120,075,962,000 4.36%
Meta Platforms Inc
20.97%
221,329
$111,598,508,000 4.06%
Cencora Inc.
20.05%
487,101
$109,743,855,000 3.99%
Occidental Petroleum Corp.
29.62%
1,647,144
$103,819,486,000 3.77%
Qualcomm, Inc.
Opened
499,453
$99,481,048,000 3.62%
Fomento Economico Mexicano Sab
15.41%
913,752
$98,365,402,000 3.58%
Capital One Financial Corp.
11.33%
678,472
$93,934,448,000 3.41%
Alcoa Corp
Opened
2,339,391
$93,060,973,000 3.38%
Nutrien Ltd
3.18%
1,544,505
$78,630,749,000 2.86%
Ameren Corp.
Opened
1,103,565
$78,474,507,000 2.85%
Teck Resources Ltd
15.75%
1,604,845
$76,872,075,000 2.79%
Alphabet Inc
Opened
411,936
$75,034,142,000 2.73%
Ventas Inc
Opened
1,434,198
$73,516,989,000 2.67%
Alibaba Group Holding Ltd
14.85%
1,015,170
$73,092,240,000 2.66%
Itau Unibanco Holding Sa
38.21%
10,909,651
$63,712,361,000 2.32%
Vertex Pharmaceuticals, Inc.
43.16%
127,295
$59,665,712,000 2.17%
KE Holdings Inc.
33,881.19%
4,188,521
$59,267,572,000 2.15%
Alnylam Pharmaceuticals Inc
26.09%
238,496
$57,954,528,000 2.11%
Frontier Communications Parent
55.40%
2,190,845
$57,356,322,000 2.08%
Agnico Eagle Mines Ltd
15.10%
873,167
$57,105,121,000 2.08%
Lowe's Cos Inc
41.75%
255,704
$56,372,503,000 2.05%
Baidu Inc
57.20%
615,732
$53,248,503,000 1.94%
Global Payments, Inc.
24.21%
409,834
$39,630,947,000 1.44%
Interactive Brokers Group Inc
31.26%
245,387
$30,084,446,000 1.09%
Ge Vernova Inc
Opened
93,166
$15,978,900,000 0.58%
Coca-cola Co/the
0.45%
246,242
$15,673,303,000 0.57%
Taiwan Semiconductor Manufactu
Opened
88,871
$15,446,668,000 0.56%
Applied Materials Inc.
92.10%
63,250
$14,926,367,000 0.54%
LyondellBasell Industries NV
87.27%
128,661
$12,307,711,000 0.45%
Newmont Corp
50.59%
237,864
$9,959,365,000 0.36%
Micron Technology Inc.
92.79%
73,248
$9,634,309,000 0.35%
Roku Inc
71.14%
160,659
$9,628,293,000 0.35%
Sendas Distribuidora S/a
15.76%
1,002,298
$9,321,371,000 0.34%
Otis Worldwide Corporation
0.12%
85,472
$8,227,534,000 0.30%
Controladora Vuela Cia De Avia
Opened
892,895
$5,678,812,000 0.21%
Booz Allen Hamilton Holding Corp
67.23%
35,605
$5,479,609,000 0.20%
Eagle Materials Inc.
No change
13,537
$2,943,756,000 0.11%
Compass, Inc.
96.38%
604,091
$2,174,727,000 0.08%
Suzano Sa
54.92%
143,130
$1,469,945,000 0.05%
PDD Holdings Inc
Opened
6,878
$914,430,000 0.03%
Autohome Inc
Opened
32,480
$891,576,000 0.03%
Trip.com Group Ltd
94.18%
10,933
$513,851,000 0.02%
Propertyguru Group Ltd
157.39%
84,223
$408,481,000 0.01%
Globant Sa
62.24%
1,577
$281,116,000 0.01%
Nu Holdings Ltd/cayman Islands
43.11%
16,866
$217,402,000 0.01%
American Coastal Insurance Cor
3.02%
20,551
$216,813,000 0.01%
DoorDash Inc
No change
1,350
$146,853,000 0.01%
Global Business Travel Group I
Opened
18,136
$119,697,000 0.00%
Brookdale Senior Living Inc
Opened
14,670
$100,196,000 0.00%
Zillow Group Inc
Opened
2,143
$99,413,000 0.00%
Similarweb Ltd.
26.34%
11,580
$89,976,000 0.00%
R1 RCM Inc.
21.55%
6,835
$85,847,000 0.00%
Amplitude Inc
Opened
8,330
$74,137,000 0.00%
Johnson Controls International
99.57%
1,101
$73,183,000 0.00%
Altus Power Inc
51.48%
14,597
$57,220,000 0.00%
Flowserve Corp.
Closed
1,305,815
$53,825,000
Veeva Systems Inc
Opened
282
$51,608,000 0.00%
Mosaic Co/the
Opened
1,606
$46,413,000 0.00%
Petroleo Brasileiro Sa
Opened
3,117
$45,165,000 0.00%
Citizens Financial Group, Inc.
Closed
1,296,648
$42,970,000
Intel Corp.
Closed
754,581
$37,917,000
Autodesk Inc.
Opened
144
$35,632,000 0.00%
SEMrush Holdings, Inc.
64.54%
2,576
$34,492,000 0.00%
Argenx Se
No change
79
$33,973,000 0.00%
Ingersoll Rand Inc.
4.86%
367
$33,338,000 0.00%
Vaneck Junior Gold Miners Etf
40.16%
730
$30,747,000 0.00%
General Electric Co
Opened
185
$29,409,000 0.00%
Eaton Corp Plc
58.74%
92
$28,846,000 0.00%
Ally Financial Inc
Closed
801,127
$27,975,000
Noble Corporation
Closed
559,549
$26,947,000
Lumen Technologies, Inc.
Opened
23,256
$25,581,000 0.00%
Shoals Technologies Group, Inc.
66.50%
3,588
$22,389,000 0.00%
Pinterest Inc
Closed
603,840
$22,366,000
Structure Therapeutics Inc
Opened
527
$20,695,000 0.00%
DiDi Global Inc
Closed
5,075,522
$20,048,000
MYR Group Inc
Opened
95
$12,892,000 0.00%
Accolade, Inc.
Opened
3,297
$11,803,000 0.00%
Controladora Vuela Compania De Aviacion Sab De Cv
Closed
959,345
$8,998,000
Genmab A/s
Closed
185,698
$5,912,000
General Motors Company
Closed
69,783
$2,506,000
Sociedad Quimica Y Minera de Chile S.A.
Closed
1,930
$116,000
Diamond Offshore Drilling Inc
Closed
7,324
$95,000
Seagate Technology Plc
Closed
630
$53,000
Virtu Financial Inc
Closed
2,261
$45,000
Aptiv PLC
Closed
440
$39,000
Stellantis N.V
Closed
1,670
$38,000
Vantage Drilling International
Closed
1,254
$29,000
General Electric Company
Closed
210
$26,000
Eventbrite Inc
Closed
2,920
$24,000
Henry Schein Inc.
Closed
316
$23,000
No transactions found
Showing first 500 out of 95 holdings