Crake Asset Management LLP
LONDON, X0
$4.2bn in 23 US stocks at the end of 30 June 2026. The top 10 are 81.3% of the money. It changed about 31.4% of the portfolio this quarter.
Value
$4.2bn
Stocks
23
Top 10 share
81.3%
Turnover
31.4%
What changed this quarter
New
Bought for the first time this quarter.
- HCA HealthcareHCA10.7% of the fund
- AppleAAPL6.2% of the fund
- Wells Fargo & CompanyWFC0.9% of the fund
- Verizon CommunicationsVZ0.3% of the fund
- Tenet HealthcareTHC0.2% of the fund
- Jd.comJD0.1% of the fund
Added
Bought more of a stock they already held.
- Amazon.comAMZN13.2% of the fund+10%
- Southwest AirlinesLUV8.7% of the fund+142%
- AlphabetGOOG6.2% of the fund+126%
- NetflixNFLX4.3% of the fund+281%
- Horton D RDHI3.2% of the fund+43%
- Bank of AmericaBAC2.3% of the fund+17%
- T-Mobile USTMUS2.2% of the fund+580%
- Walt DisneyDIS1.8% of the fund+178%
- CitigroupC1.0% of the fund+50%
Cut
Sold some of their stake.
- MicrosoftMSFT8.6% of the fund-34%
- NvidiaNVDA5.6% of the fund-16%
- BroadcomAVGO3.8% of the fund-44%
- Micron TechnologyMU1.7% of the fund-67%
- Meta PlatformsMETA1.7% of the fund-9%
Sold out
Sold their entire stake.
- UnitedHealth GroupUNH-100%
- JPMorgan ChaseJPM-100%
- SalesforceCRM-100%
Holdings
- Spdr Series TrustKRE
- Share
- 3.1%
- Value
- $131m
- Shares
- 1,750,000
Held
- Jd.comJD
- Share
- 0.1%
- Value
- $6m
- Shares
- 245,000
New
- PDD HoldingsPDD
- Share
- 0.1%
- Value
- $4m
- Shares
- 55,000
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Freeport-McMoRanFCX | 14.0% | $583m | 9,275,434 | Held |
| Amazon.comAMZN | 13.2% | $550m | 2,306,270 | +10% |
| HCA HealthcareHCA | 10.7% | $449m | 1,151,792 | New |
| Southwest AirlinesLUV | 8.7% | $363m | 7,065,875 | +142% |
| MicrosoftMSFT | 8.6% | $360m | 965,833 | -34% |
| AlphabetGOOG | 6.2% | $261m | 737,500 | +126% |
| AppleAAPL | 6.2% | $258m | 890,000 | New |
| NvidiaNVDA | 5.6% | $235m | 1,174,442 | -16% |
| NetflixNFLX | 4.3% | $181m | 2,541,660 | +281% |
| BroadcomAVGO | 3.8% | $159m | 421,977 | -44% |
| Horton D RDHI | 3.2% | $134m | 822,891 | +43% |
| Spdr Series TrustKRE | 3.1% | $131m | 1,750,000 | Held |
| Bank of AmericaBAC | 2.3% | $98m | 1,722,061 | +17% |
| T-Mobile USTMUS | 2.2% | $91m | 544,935 | +580% |
| Walt DisneyDIS | 1.8% | $74m | 769,707 | +178% |
| Micron TechnologyMU | 1.7% | $73m | 63,000 | -67% |
| Meta PlatformsMETA | 1.7% | $72m | 127,000 | -9% |
| CitigroupC | 1.0% | $41m | 290,000 | +50% |
| Wells Fargo & CompanyWFC | 0.9% | $38m | 453,796 | New |
| Verizon CommunicationsVZ | 0.3% | $11m | 265,000 | New |
| Tenet HealthcareTHC | 0.2% | $7m | 37,000 | New |
| Jd.comJD | 0.1% | $6m | 245,000 | New |
| PDD HoldingsPDD | 0.1% | $4m | 55,000 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 120.4% since 30 June 2025.
Where the money is
Technology26.0%
Media & telecom16.5%
Retail & consumer16.4%
Materials14.0%
Health care10.9%
Industrials8.7%
Financial services4.2%
Other3.4%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.