Packer
COTTESLOE, C3files as Packer & Co Ltd
$267m in 10 US stocks at the end of 31 March 2026. The top 10 are 100.0% of the money. It changed about 46.3% of the portfolio this quarter.
Value
$267m
Stocks
10
Top 10 share
100.0%
Turnover
46.3%
What changed this quarter
New
Bought for the first time this quarter.
- TransoceanRIG3.5% of the fund
Added
Bought more of a stock they already held.
- SeadrillSDRL10.4% of the fund+148%
- NobleNE9.5% of the fund+59%
Cut
Sold some of their stake.
- NexGen EnergyNXE10.5% of the fund-20%
- Algonquin Power & UtilitiesAQN0.7% of the fund-94%
Sold out
Sold their entire stake.
- Ishares Gold TRIAU-100%
Holdings
- Petroleo Brasileiro S APBR-A
- Share
- 27.7%
- Value
- $74m
- Shares
- 3,948,602
Held
- NexGen EnergyNXE
- Share
- 10.5%
- Value
- $28m
- Shares
- 2,424,793
-20%
- Vipshop HldgsVIPS
- Share
- 9.1%
- Value
- $24m
- Shares
- 1,549,263
Held
- Algonquin Power & UtilitiesAQN
- Share
- 0.7%
- Value
- $2m
- Shares
- 289,556
-94%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Petroleo Brasileiro S APBR-A | 27.7% | $74m | 3,948,602 | Held |
| CenteneCNC | 17.3% | $46m | 1,415,000 | Held |
| NexGen EnergyNXE | 10.5% | $28m | 2,424,793 | -20% |
| SeadrillSDRL | 10.4% | $28m | 613,080 | +148% |
| NobleNE | 9.5% | $25m | 515,000 | +59% |
| Vipshop HldgsVIPS | 9.1% | $24m | 1,549,263 | Held |
| ValarisVAL | 7.4% | $20m | 203,000 | Held |
| PayPal HoldingsPYPL | 3.9% | $10m | 230,000 | Held |
| TransoceanRIG | 3.5% | $9m | 1,405,000 | New |
| Algonquin Power & UtilitiesAQN | 0.7% | $2m | 289,556 | -94% |
Over time and by industry
Value over time
Sep '25
Mar '26
Value is down 26.1% since 30 September 2025.
Where the money is
Energy30.8%
Health care17.3%
Materials10.5%
Financial services3.9%
Utilities0.7%
Other36.8%
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.