OI

Orbis Investment Management (U.S.), L.P.

Momentum followerSector-focusedQuality / disciplined sizing

Total reported value

$99.7M

Reporting period: 2018-12-31 · Number of holdings: 25

Orbis Investment Management (U.S.), L.P. disclosed 25 holdings in its latest 13F filing for the period ending 2018-12-31, with total reported value of $99.7M and a quarterly turnover rate of 51.9%.

Personality snowflake

Concentration
26.38
Portfolio Stability
51.86
Momentum/Contrarian
100
Sector conviction
95.67
Diversification
50
Sizing Uniformity
91.78

Recent moves

  • Trim XPO

    +4.2%　-$9.9M

  • Add DG

    +112.6%　$2.7M

  • Add CELG

    +59.2%　$1.1M

  • Add ABBV

    -2.9%　-$731.0K

  • Add BMY

    +76.9%　$1.5M

  • Add GLD

    +4.2%　$535.0K

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1ABBVAbbvie INCStock-Healthcare12.98%+3.09%-2.90%
2XPOXpo INCStock-Industrials10.73%-4.13%+4.21%
3CELGCelgene CORPStock-Other8.84%+3.25%+59.16%
4ARNCCHFArconic INCStock-Other7.07%-0.91%-16.61%
5METAMeta Platforms Inc-class AStock-Comm Services5.57%+1.06%+11.71%
6WFCWells Fargo & CoStock-Financials5.49%+0.97%—
7DGDollar General CORPStock-Consumer Staples5.08%+3.34%+112.61%
8GLDSpdr Gold SharesETF-Commodities5.01%+1.79%+4.15%
9CCitigroup INCStock-Financials4.96%+0.03%—
10BMYBristol-myers Squibb CoStock-Healthcare4.68%+2.40%+76.87%
11CBChubb LimitedStock-Financials4.34%+4.34%NEW
12BERYEURBerry Global Group INCStock-Other4.29%+1.45%+10.88%
13NKENike INC -cl BStock-Consumer Disc4.10%-0.65%-28.77%
149990302DApache CORPStock-Other3.87%-1.73%-9.35%
15CDEVEURCentennial Resource Develo-aStock-Other2.88%-1.45%-5.03%
16SLBSlb LTDStock-Energy1.58%-0.34%—
17MSIMotorola Solutions INCStock-Tech1.48%+0.27%—
18NXPINXP Semiconductors N.V.Stock-Tech1.13%+0.17%—
19DISWalt Disney Co/theStock-Comm Services1.12%+1.12%NEW
20AMRQQAlta Mesa Resources Inc-aStock-Other1.12%-1.78%+16.25%
21SYMCEURSymantec CORPStock-Other1.11%-0.53%-44.89%
22DXCDxc Technology CoStock-Tech1.05%-1.38%-45.24%
23QRVOQorvo INCStock-Tech0.96%-0.81%-50.45%
24LILALiberty Latin America Ltd.Stock-Other0.53%-0.01%—
25✓ Alta Mesa Res INCStock-Other0.03%-0.11%—

Holding changes this quarter

Orbis Investment Management (U.S.), L.P.'s most significant position changes for 2018-12-31: Sold out: Dell Technologies Inc. (DELL); Sold out: P G & E CORP (PCG); New buy: Chubb Limited (CB); New buy: Walt Disney Co/the (DIS); Add: Xpo INC (XPO) — shares +4.21%.

Position changes disclosed by Orbis Investment Management (U.S.), L.P. for the quarter ending 2018-12-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1DGDollar General CORP+3.3%+112.61%Add
2CELGCelgene CORP+3.3%+59.16%Add
3ABBVAbbvie INC+3.1%-2.90%Trim
4BMYBristol-myers Squibb Co+2.4%+76.87%Add
5GLDSpdr Gold Shares+1.8%+4.15%Add
6BERYEURBerry Global Group INC+1.5%+10.88%Add
7METAMeta Platforms Inc-class A+1.1%+11.71%Add
8WFCWells Fargo & Co+1%—Unchanged
9MSIMotorola Solutions INC+0.3%—Unchanged
10NXPINXP Semiconductors N.V.+0.2%—Unchanged
11CCitigroup INC0%—Unchanged
12LILALiberty Latin America Ltd.0%—Unchanged
13✓ Alta Mesa Res INC-0.1%—Unchanged
14SLBSlb LTD-0.3%—Unchanged
15SYMCEURSymantec CORP-0.5%-44.89%Trim
16NKENike INC -cl B-0.7%-28.77%Trim
17QRVOQorvo INC-0.8%-50.45%Trim
18ARNCCHFArconic INC-0.9%-16.61%Trim
19DXCDxc Technology Co-1.4%-45.24%Trim
20CDEVEURCentennial Resource Develo-a-1.5%-5.03%Trim
219990302DApache CORP-1.7%-9.35%Trim
22AMRQQAlta Mesa Resources Inc-a-1.8%+16.25%Add
23XPOXpo INC-4.1%+4.21%Add
24DELLDell Technologies Inc.—EXITSold out
25PCGP G & E CORP—EXITSold out
26CBChubb Limited—NEWNew buy
27DISWalt Disney Co/the—NEWNew buy

FAQ

What is Orbis Investment Management (U.S.), L.P. and what type of investor is it?
Orbis Investment Management (U.S.), L.P. is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2018-12-31), the firm manages a tracked equity portfolio valued at approximately $99.7M, spread across 25 disclosed positions.
What are Orbis Investment Management (U.S.), L.P.'s largest equity positions?
Based on the latest 13F filing, Orbis Investment Management (U.S.), L.P.'s top holdings by market value are: 1. Abbvie INC (ABBV) — $12.9M (13.0%) 2. Xpo INC (XPO) — $10.7M (10.7%) 3. Celgene CORP (CELG) — $8.8M (8.8%) 4. Arconic INC (ARNCCHF) — $7.1M (7.1%) 5. Meta Platforms Inc-class A (META) — $5.6M (5.6%)
What changes did Orbis Investment Management (U.S.), L.P. make in its most recent portfolio filing?
In the latest reported quarter, Orbis Investment Management (U.S.), L.P. made 20 notable position adjustments: 2 new positions were initiated, 8 existing holdings were added to, 8 positions were partially reduced, and 2 were completely exited. The largest of these moves: Sold out: Dell Technologies Inc. (DELL); Sold out: P G & E CORP (PCG); New buy: Chubb Limited (CB); New buy: Walt Disney Co/the (DIS); Add: Xpo INC (XPO) — shares +4.21%
What sectors does Orbis Investment Management (U.S.), L.P. focus on?
Orbis Investment Management (U.S.), L.P. is concentrated in the following sectors based on its current disclosed equity portfolio: • Health Care: 45.4% • Financials: 26.9% • Communication Services: 17.2% • Consumer Discretionary: 10.6%