Div Capital Phoenix Assets Ltd: 13F Stock Holdings & Portfolio (Q2 2026)

Div Capital Phoenix Assets Ltd's disclosed holdings carry a Herfindahl concentration index of 0.187 — mathematically equivalent to about 5 equally-sized positions, well below its 9 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.

Position sizes are fairly uniform across the portfolio (a coefficient of variation of 0.88), suggesting a disciplined, rules-based approach to how much capital goes into each idea.

Recent activity leans toward adding more aggressively to already-large existing positions than to newly initiated ones (a 5.4 percentage-point tilt) — a pattern consistent with a momentum-following approach.

Sector classification currently covers about 39% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.