AA
Ardevora Asset Management LLP Historical SEC 13F Holdings & Archive (Q4 2023)
Ardevora Asset Management LLPCIK: 0001608108
Diversified strategyQuality / disciplined sizingLong-term holder
Total reported value
$1.1B
Reporting period: 2023-12-31 · Number of holdings: 96
Ardevora Asset Management LLP disclosed 96 holdings in its latest 13F filing for the period ending 2023-12-31, with total reported value of $1.1B and a quarterly turnover rate of 0.0%.
Browse other institutions with $1B to $10B AUMBrowse other institutions starting with "A"
Personality snowflake
- Concentration
- 5.45
- Portfolio Stability
- 0
- Momentum
- 50
- Sector conviction
- 42.19
- Diversification
- 100
- Sizing Uniformity
- 94.42
Ardevora Asset Management LLP's disclosed holdings carry a Herfindahl concentration index of 0.014 — mathematically equivalent to about 73 equally-sized positions, close to its 96 actual disclosed holdings. Value is spread relatively evenly across the portfolio rather than concentrated in a handful of names.
Position sizes are fairly uniform across the portfolio (a coefficient of variation of 0.56), suggesting a disciplined, rules-based approach to how much capital goes into each idea.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govNo holding changes this quarter
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | Stock-Tech | 3.09% | — | -49.66% | |
| 2 | MSFT | Microsoft CORP | Stock-Tech | 3.05% | — | -53.94% | |
| 3 | AAPL | Apple Inc | Stock-Tech | 2.97% | — | -52.96% | |
| 4 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 2.86% | — | -47.60% | |
| 5 | META | Meta Platforms Inc-class A | Stock-Comm Services | 2.08% | — | -50.22% | |
| 6 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 2.05% | — | -49.57% | |
| 7 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 2.04% | — | -49.82% | |
| 8 | MA | Mastercard Inc - A | Stock-Financials | 2.02% | — | -48.20% | |
| 9 | V | Visa Inc-class A Shares | Stock-Financials | 1.99% | — | -50.87% | |
| 10 | MRK | Merck & Co. Inc. | Stock-Healthcare | 1.53% | — | -43.10% | |
| 11 | COST | Costco Wholesale CORP | Stock-Consumer Staples | 1.52% | — | -53.45% | |
| 12 | JPM | Jpmorgan Chase & Co | Stock-Financials | 1.51% | — | -43.87% | |
| 13 | WFC | Wells Fargo & Co | Stock-Financials | 1.49% | — | -53.53% | |
| 14 | WM | Waste Management Inc | Stock-Industrials | 1.48% | — | -51.90% | |
| 15 | MCD | Mcdonald's CORP | Stock-Consumer Disc | 1.48% | — | -50.00% | |
| 16 | PEP | Pepsico Inc | Stock-Consumer Staples | 1.47% | — | -44.64% | |
| 17 | MDLZ | Mondelez International Inc-a | Stock-Consumer Staples | 1.47% | — | -47.02% | |
| 18 | LIN | Linde plc | Stock-Materials | 1.47% | — | -51.27% | |
| 19 | KO | Coca-cola Co/the | Stock-Consumer Staples | 1.46% | — | -47.91% | |
| 20 | MRSH | Marsh & Mclennan Cos | Stock-Financials | 1.44% | — | -47.21% | |
| 21 | PAYX | Paychex Inc | Stock-Tech | 1.39% | — | -50.90% | |
| 22 | XOM | Exxon Mobil CORP | Stock-Energy | 1.35% | — | -25.10% | |
| 23 | LLY | Eli Lilly & Co | Stock-Healthcare | 1.24% | — | -31.92% | |
| 24 | AKX | Ansys Inc | Stock-Other | 1.16% | — | +4.35% | |
| 25 | AMAT | Applied Materials Inc | Stock-Tech | 1.06% | — | -10.06% | |
| 26 | PWR | Quanta Services Inc | Stock-Industrials | 1.05% | — | -7.49% | |
| 27 | NFLX | Netflix Inc | Stock-Comm Services | 1.05% | — | -17.62% | |
| 28 | DXCM | Dexcom Inc | Stock-Healthcare | 1.04% | — | -17.44% | |
| 29 | SLB | Slb LTD | Stock-Energy | 1.04% | — | -52.62% | |
| 30 | CMG | Chipotle Mexican Grill Inc | Stock-Consumer Disc | 1.03% | — | -5.15% | |
| 31 | VRTX | Vertex Pharmaceuticals Inc | Stock-Healthcare | 1.03% | — | -48.13% | |
| 32 | AVGO | Broadcom Inc | Stock-Tech | 1.03% | — | -56.85% | |
| 33 | SYK | Stryker CORP | Stock-Healthcare | 1.03% | — | +0.16% | |
| 34 | DE | Deere & Co | Stock-Industrials | 1.02% | — | -41.94% | |
| 35 | KLAC | Kla CORP | Stock-Tech | 1.01% | — | -55.26% | |
| 36 | VLO | Valero Energy CORP | Stock-Energy | 1.00% | — | -29.56% | |
| 37 | PCTY | Paylocity Holding CORP | Stock-Tech | 1.00% | — | -35.35% | |
| 38 | APH | Amphenol Corp-cl A | Stock-Tech | 0.99% | — | -69.81% | |
| 39 | ADBE | Adobe Inc | Stock-Tech | 0.99% | — | -60.32% | |
| 40 | SJM | Jm Smucker Co/the | Stock-Consumer Staples | 0.99% | — | — | |
| 41 | RMD | Resmed Inc | Stock-Healthcare | 0.99% | — | -53.19% | |
| 42 | HSIC | Henry Schein Inc | Stock-Healthcare | 0.99% | — | -41.50% | |
| 43 | GWW | Ww Grainger Inc | Stock-Industrials | 0.99% | — | — | |
| 44 | MCHP | Microchip Technology Inc | Stock-Tech | 0.98% | — | -51.88% | |
| 45 | ROP | Roper Technologies Inc | Stock-Tech | 0.98% | — | -55.25% | |
| 46 | RSG | Republic Services Inc | Stock-Industrials | 0.98% | — | -48.80% | |
| 47 | COR | Cencora Inc | Stock-Healthcare | 0.98% | — | -45.46% | |
| 48 | ABNB | Airbnb Inc-class A | Stock-Consumer Disc | 0.97% | — | -51.33% | |
| 49 | MRO* | Marathon Oil CORP | Stock-Other | 0.97% | — | +20.41% | |
| 50 | NOW | Servicenow Inc | Stock-Tech | 0.96% | — | -53.55% |
1–50 of 96
Portfolio Performance
Performance for Q3 2026
+6.3%
Performance Last 4 Quarters
+17.8%
- Stdev
- +11.1%
- Beta
- +0.78
- Alpha
- +0.3%
- Max Drawdown
- -5.2%
- Annualized Perf
- +16.5%
- Batting Avg vs S&P
- +41.7%
- Sortino
- +2.78
- Stutzer
- +0.42
- Treynor
- +0.2
- Sterling
- +1.13
- Calmar
- +3.19
- Information Ratio
- -0.75
- Tracking Error
- +5.4%
- Stdev Down
- +5.7%
- Winning Months %
- +72.2%
- Losing Months %
- +27.8%
- Best 12 Months
- +29.7%
- Worst 12 Months
- +5%
- Efficiency Ratio
- +0.59
- Sharpe
- +1.44
- Stdev Sectors
- +6.4%
- Skewness
- -0.09
- Kurtosis
- -0.07
- Upside Potential
- +4.26
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2023 Q4 | 96 | $1.1B | 0 | ||
| 2023 Q3 | 118 | $2.0B | 0 | ||
| 2023 Q2 | 117 | $4.1B | 0 | ||
| 2023 Q1 | 116 | $5.6B | 0 | ||
| 2022 Q4 | 134 | $5.9B | 0 | ||
| 2022 Q3 | 140 | $5.6B | 0 | ||
| 2022 Q2 | 123 | $6.1B | 0 | ||
| 2022 Q1 | 128 | $7.7B | 0 | ||
| 2021 Q4 | 130 | $9.4B | 0 | ||
| 2021 Q3 | 126 | $7.9B | 0 | ||
| 2021 Q2 | 125 | $7.9B | 92 | ||
| 2021 Q1 | 129 | $6.7B | 30 | ||
| 2020 Q4 | 114 | $6.5B | 47 | ||
| 2020 Q3 | 117 | $5.5B | 17 | ||
| 2020 Q2 | 117 | $5.1B | 52 | ||
| 2020 Q1 | 107 | $3.8B | 65 | ||
| 2019 Q4 | 102 | $4.5B | 32 | ||
| 2019 Q3 | 108 | $3.6B | 40 | ||
| 2019 Q2 | 106 | $4.1B | 28 | ||
| 2019 Q1 | 111 | $3.8B | 35 | ||
| 2018 Q4 | 106 | $3.3B | 43 | ||
| 2018 Q3 | 117 | $3.6B | 16 | ||
| 2018 Q2 | 120 | $3.6B | 49 | ||
| 2018 Q1 | 117 | $3.4B | 10 | ||
| 2017 Q4 | 108 | $3.3B | 49 | ||
| 2017 Q3 | 99 | $3.3B | 55 | ||
| 2017 Q2 | 97 | $3.2B | 62 | ||
| 2017 Q1 | 111 | $3.0B | 14 | ||
| 2016 Q4 | 109 | $2.8B | 44 | ||
| 2016 Q3 | 100 | $2.7B | 41 | ||
| 2016 Q2 | 93 | $2.4B | 28 | ||
| 2016 Q1 | 92 | $2.0B | 67 | ||
| 2015 Q4 | 81 | $1.5B | 100 | ||
| 2015 Q3 | 84 | $688.5M | 38 | ||
| 2015 Q2 | 91 | $576.2M | 27 | ||
| 2015 Q1 | 82 | $528.0M | 61 | ||
| 2014 Q4 | 74 | $460.4M | 0 |
* This report is exclusively curated by the AlphaSMO team. AlphaSMO is the web's most authoritative 13F / Inside Trader database, delivering precise insider trading and institutional holdings insights.
Holding changes this quarter
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|
Filing History
FAQ
What is Ardevora Asset Management LLP and what type of investor is it?
Ardevora Asset Management LLP is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2023-12-31), the firm manages a tracked equity portfolio valued at approximately $1.1B, spread across 96 disclosed positions.
What are Ardevora Asset Management LLP's largest equity positions?
Based on the latest 13F filing, Ardevora Asset Management LLP's top holdings by market value are:
1. Nvidia CORP (NVDA) — $34.7M (3.1%)
2. Microsoft CORP (MSFT) — $34.3M (3.0%)
3. Apple Inc (AAPL) — $33.4M (3.0%)
4. Amazon.com Inc (AMZN) — $32.1M (2.9%)
5. Meta Platforms Inc-class A (META) — $23.3M (2.1%)
What changes did Ardevora Asset Management LLP make in its most recent portfolio filing?
No notable portfolio changes were recorded for Ardevora Asset Management LLP in the most recent quarter. Holdings appear to have remained relatively stable.
What sectors does Ardevora Asset Management LLP focus on?
Ardevora Asset Management LLP is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 25.1%
• Health Care: 14.0%
• Industrials: 11.3%
• Consumer Discretionary: 11.0%
• Communication Services: 10.4%
• Financials: 10.2%
Investment Profile
Ardevora Asset Management LLP returned an annualized 16.5% over the trailing 36 months — outperforming the S&P 500 by 0.3 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.78 (less volatile than the market) and a 42% quarterly batting average against the index.
Its portfolio is broadly diversified and long-term-holding.
It has trimmed its AAPL position for two straight quarters, cutting it by $85.7M while still holding $33.4M.
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