Hosking Partners
Jeremy HoskingLONDON, X0files as Hosking Partners LLP
$3.0bn in 98 US stocks at the end of 30 June 2026. The top 10 are 34.8% of the money. It changed about 11.1% of the portfolio this quarter.
Value
$3.0bn
Stocks
98
Top 10 share
34.8%
Turnover
11.1%
What changed this quarter
New
Bought for the first time this quarter.
- Range ResourcesRRC0.2% of the fund
Added
Bought more of a stock they already held.
- Booking HoldingsBKNG2.2% of the fund+14%
- CoupangCPNG1.2% of the fund+48%
- Louisiana-PacificLPX1.0% of the fund+120%
- Microchip TechnologyMCHP1.0% of the fund+9%
- Bio-Rad LaboratoriesBIO0.9% of the fund+37%
- American Airlines GroupAAL0.6% of the fund+10%
- QualcommQCOM0.6% of the fund+8%
- Arlo TechnologiesARLO0.5% of the fund+2%
- Nu HoldingsNU0.4% of the fund+3%
- EPAM SystemsEPAM<0.1% of the fund+8%
Cut
Sold some of their stake.
- Micron TechnologyMU7.4% of the fund-23%
- AlphabetGOOG5.0% of the fund-10%
- CitigroupC4.8% of the fund-9%
- Interactive Brokers GroupIBKR3.1% of the fund-11%
- Freeport-McMoRanFCX2.8% of the fund-6%
- CorningGLW2.4% of the fund-18%
- American ExpressAXP2.4% of the fund-3%
- American International GroupAIG2.0% of the fund-6%
- Amazon.comAMZN1.9% of the fund-36%
- Costco WholesaleCOST1.8% of the fund-3%
- Synchrony FinancialSYF1.8% of the fund-3%
- Bank of AmericaBAC1.7% of the fund-3%
- Seagate Technology HoldingsSTX1.7% of the fund-25%
- DHT HoldingsDHT1.7% of the fund-11%
- Warrior MET CoalHCC1.7% of the fund-3%
- Capital One FinancialCOF1.7% of the fund-3%
- Delta Air LinesDAL1.6% of the fund-4%
- International SeawaysINSW1.5% of the fund-11%
- BroadcomAVGO1.5% of the fund-3%
- LyondellBasell IndustriesLYB1.4% of the fund-5%
- TidewaterTDW1.4% of the fund-8%
- Wells Fargo & CompanyWFC1.3% of the fund-2%
- NobleNE1.2% of the fund-5%
- Lam ResearchLRCX1.2% of the fund-21%
- MGM Resorts InternationalMGM1.1% of the fund-3%
Sold out
Sold their entire stake.
- Permian Basin Royalty TrustPBT-100%
- Diana ShippingDSX-WS-100%
Holdings
- Cenovus EnergyCVE
- Share
- 0.7%
- Value
- $20m
- Shares
- 795,192
-3%
- Topbuild COR
- Share
- 0.4%
- Value
- $12m
- Shares
- 35,180
Held
- Liberty BroadbandLBRDK
- Share
- <0.1%
- Value
- $227,365
- Shares
- 6,836
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Micron TechnologyMU | 7.4% | $222m | 192,446 | -23% |
| AlphabetGOOG | 5.0% | $151m | 428,454 | -10% |
| CitigroupC | 4.8% | $144m | 1,026,006 | -9% |
| Interactive Brokers GroupIBKR | 3.1% | $92m | 1,061,140 | -11% |
| Freeport-McMoRanFCX | 2.8% | $85m | 1,358,971 | -6% |
| Berkshire HathawayBRK-B | 2.5% | $75m | 150,263 | Held |
| CorningGLW | 2.4% | $72m | 280,442 | -18% |
| American ExpressAXP | 2.4% | $71m | 210,141 | -3% |
| Booking HoldingsBKNG | 2.2% | $67m | 373,795 | +14% |
| Cbre GroupCBRE | 2.2% | $66m | 492,329 | Held |
| American International GroupAIG | 2.0% | $62m | 826,142 | -6% |
| Amazon.comAMZN | 1.9% | $58m | 244,346 | -36% |
| Elevance HealthELV | 1.9% | $58m | 150,011 | Held |
| Costco WholesaleCOST | 1.8% | $55m | 58,728 | -3% |
| Synchrony FinancialSYF | 1.8% | $53m | 702,325 | -3% |
| Marathon PetroleumMPC | 1.8% | $53m | 206,846 | Held |
| Bank of AmericaBAC | 1.7% | $52m | 918,075 | -3% |
| Seagate Technology HoldingsSTX | 1.7% | $52m | 53,855 | -25% |
| DHT HoldingsDHT | 1.7% | $52m | 3,118,435 | -11% |
| Warrior MET CoalHCC | 1.7% | $51m | 634,480 | -3% |
| Capital One FinancialCOF | 1.7% | $51m | 255,208 | -3% |
| Delta Air LinesDAL | 1.6% | $49m | 522,169 | -4% |
| International SeawaysINSW | 1.5% | $47m | 608,569 | -11% |
| BroadcomAVGO | 1.5% | $44m | 115,572 | -3% |
| LyondellBasell IndustriesLYB | 1.4% | $43m | 820,140 | -5% |
| TidewaterTDW | 1.4% | $41m | 609,611 | -8% |
| Wells Fargo & CompanyWFC | 1.3% | $40m | 478,415 | -2% |
| Morgan StanleyMS | 1.3% | $39m | 188,286 | Held |
| NobleNE | 1.2% | $37m | 1,000,121 | -5% |
| Lam ResearchLRCX | 1.2% | $37m | 85,010 | -21% |
| CoupangCPNG | 1.2% | $35m | 1,991,777 | +48% |
| MGM Resorts InternationalMGM | 1.1% | $34m | 710,946 | -3% |
| Steel DynamicsSTLD | 1.1% | $34m | 148,084 | -9% |
| JPMorgan ChaseJPM | 1.1% | $33m | 102,010 | Held |
| FerroglobeGSM | 1.1% | $33m | 10,230,131 | -12% |
| Louisiana-PacificLPX | 1.0% | $31m | 399,850 | +120% |
| Millicom International Cellular SATIGO | 1.0% | $31m | 342,311 | -3% |
| Microchip TechnologyMCHP | 1.0% | $30m | 331,151 | +9% |
| CredicorpBAP | 1.0% | $30m | 75,986 | -3% |
| Bio-Rad LaboratoriesBIO | 0.9% | $28m | 94,430 | +37% |
| Royalty PharmaRPRX | 0.9% | $27m | 488,108 | Held |
| SeadrillSDRL | 0.9% | $27m | 704,515 | -10% |
| ConocoPhillipsCOP | 0.9% | $27m | 256,273 | -3% |
| Charles SchwabSCHW | 0.8% | $25m | 275,090 | -3% |
| Jefferies Financial GroupJEF | 0.8% | $25m | 503,811 | -2% |
| Himalaya ShippingHSHP | 0.8% | $24m | 1,829,186 | -3% |
| AlcoaAA | 0.8% | $24m | 461,239 | -11% |
| Citizens Financial GroupCFG | 0.7% | $21m | 299,852 | -3% |
| Cenovus EnergyCVE | 0.7% | $20m | 795,192 | -3% |
| Golar LNGGLNG | 0.6% | $19m | 386,768 | -3% |
| Applied MaterialsAMAT | 0.6% | $19m | 25,682 | -18% |
| ValarisVAL | 0.6% | $19m | 255,160 | -10% |
| American Airlines GroupAAL | 0.6% | $18m | 1,000,274 | +10% |
| Quaker ChemicalKWR | 0.6% | $18m | 112,605 | Held |
| Occidental PetroleumOXY | 0.6% | $17m | 359,997 | -37% |
| QualcommQCOM | 0.6% | $17m | 92,349 | +8% |
| Union PacificUNP | 0.5% | $16m | 60,370 | -3% |
| Arlo TechnologiesARLO | 0.5% | $16m | 1,186,439 | +2% |
| Texas Pacific LandTPL | 0.5% | $15m | 34,739 | Held |
| Lesaka TechnologiesLSAK | 0.5% | $14m | 2,724,153 | Held |
| KrogerKR | 0.4% | $13m | 234,520 | -3% |
| Alpha Metallurgical ResourcesAMR | 0.4% | $13m | 77,658 | Held |
| Walt DisneyDIS | 0.4% | $12m | 129,677 | -3% |
| Topbuild COR | 0.4% | $12m | 35,180 | Held |
| Nu HoldingsNU | 0.4% | $12m | 911,678 | +3% |
| MascoMAS | 0.4% | $12m | 142,178 | Held |
| Valero EnergyVLO | 0.3% | $10m | 40,215 | Held |
| LoewsL | 0.3% | $10m | 92,432 | -3% |
| MbiaMBI | 0.3% | $10m | 1,549,265 | -2% |
| Copa HoldingsCPA | 0.3% | $10m | 63,186 | -3% |
| Scorpio TankersSTNG | 0.3% | $9m | 134,813 | -22% |
| PayPal HoldingsPYPL | 0.3% | $9m | 202,050 | -3% |
| CRH PublicCRH | 0.3% | $9m | 81,297 | Held |
| Phillips 66PSX | 0.3% | $9m | 50,924 | Held |
| FirstCash HoldingsFCFS | 0.3% | $8m | 39,157 | -3% |
| Willis Towers WatsonWTW | 0.3% | $8m | 31,681 | Held |
| FunkoFNKO | 0.3% | $8m | 1,378,584 | Held |
| Philip Morris InternationalPM | 0.3% | $8m | 43,937 | Held |
| Liberty MediaFWONK | 0.2% | $7m | 78,022 | Held |
| VisaV | 0.2% | $7m | 21,632 | -3% |
| TrupanionTRUP | 0.2% | $7m | 299,096 | Held |
| ExxonMobil HoldingsXOM | 0.2% | $7m | 48,998 | Held |
| ChevronCVX | 0.2% | $6m | 37,836 | Held |
| TransoceanRIG | 0.2% | $6m | 1,142,083 | -14% |
| Core Natural ResourcesCNR | 0.2% | $5m | 66,903 | -3% |
| CortevaCTVA | 0.2% | $5m | 61,557 | -29% |
| Thor IndustriesTHO | 0.2% | $5m | 63,706 | Held |
| Range ResourcesRRC | 0.2% | $5m | 122,978 | New |
| Caesars EntertainmentCZR | 0.1% | $4m | 137,235 | Held |
| Diana ShippingDSX | 0.1% | $4m | 1,739,792 | -3% |
| WatscoWSO | <0.1% | $3m | 6,979 | Held |
| EPAM SystemsEPAM | <0.1% | $2m | 28,860 | +8% |
| Peabody EnergyBTU | <0.1% | $2m | 80,375 | -3% |
| Sirius XM HoldingsSIRI | <0.1% | $844,726 | 28,596 | -3% |
| Montauk RenewablesMNTK | <0.1% | $609,207 | 390,517 | Held |
| Liberty Live HoldingsLLYVK | <0.1% | $585,034 | 5,538 | -3% |
| Liberty Live HoldingsLLYVA | <0.1% | $390,560 | 3,857 | -3% |
| Liberty BroadbandLBRDK | <0.1% | $227,365 | 6,836 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 19.9% since 30 June 2025.
Where the money is
Financial services29.9%
Technology17.0%
Energy11.5%
Industrials11.1%
Materials7.7%
Retail & consumer7.0%
Media & telecom6.8%
Health care3.8%
Everyday goods2.5%
Real estate2.2%
Utilities0.0%
Other0.4%
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.