Palliser Capital (UK)
LONDON, X0files as Palliser Capital (UK) Ltd
$186m in 23 US stocks at the end of 30 June 2026. The top 10 are 89.1% of the money. It changed about 41.4% of the portfolio this quarter.
Value
$186m
Stocks
23
Top 10 share
89.1%
Turnover
41.4%
What changed this quarter
New
Bought for the first time this quarter.
- Honeywell AerospaceHONA5.6% of the fund
- Norfolk SouthernNSC5.4% of the fund
- Bio-Rad LaboratoriesBIO4.4% of the fund
- Warner Bros. DiscoveryWBD4.3% of the fund
- FS KKR CapitalFSK3.0% of the fund
- Honeywell InternationalHON2.9% of the fund
- Liberty Live HoldingsLLYVK2.9% of the fund
- Liberty Live HoldingsLLYVA2.7% of the fund
- Oaktree Specialty LendingOCSL1.7% of the fund
- MastercardMA1.1% of the fund
- Becton DickinsonBDX1.1% of the fund
- Moody'sMCO1.1% of the fund
- Amazon.comAMZN1.1% of the fund
- TransDigm GroupTDG0.5% of the fund
- Palmer Square Capital BDCPSBD0.5% of the fund
- Carlyle Secured LendingCGBD0.3% of the fund
- Golub Capital BDCGBDC0.1% of the fund
- Ares CapitalARCC0.1% of the fund
- Blackstone Secured Lending FundBXSL0.1% of the fund
Added
Bought more of a stock they already held.
- Rio TintoRIO54.4% of the fund+3%
- Blue Owl CapitalOWL3.6% of the fund+351%
Cut
Sold some of their stake.
- Cogent Communications HoldingsCCOI1.8% of the fund-29%
- Roper TechnologiesROP1.3% of the fund-14%
Sold out
Sold their entire stake.
- Barrick MiningB-100%
Holdings
- Honeywell AerospaceHONA
- Share
- 5.6%
- Value
- $10m
- Shares
- 46,910
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Rio TintoRIO | 54.4% | $101m | 1,066,331 | +3% |
| Honeywell AerospaceHONA | 5.6% | $10m | 46,910 | New |
| Norfolk SouthernNSC | 5.4% | $10m | 32,154 | New |
| Bio-Rad LaboratoriesBIO | 4.4% | $8m | 27,954 | New |
| Warner Bros. DiscoveryWBD | 4.3% | $8m | 297,019 | New |
| Blue Owl CapitalOWL | 3.6% | $7m | 755,726 | +351% |
| FS KKR CapitalFSK | 3.0% | $6m | 527,840 | New |
| Honeywell InternationalHON | 2.9% | $5m | 24,286 | New |
| Liberty Live HoldingsLLYVK | 2.9% | $5m | 51,203 | New |
| Liberty Live HoldingsLLYVA | 2.7% | $5m | 49,139 | New |
| Cogent Communications HoldingsCCOI | 1.8% | $3m | 236,393 | -29% |
| Oaktree Specialty LendingOCSL | 1.7% | $3m | 270,993 | New |
| Roper TechnologiesROP | 1.3% | $2m | 6,986 | -14% |
| MastercardMA | 1.1% | $2m | 4,089 | New |
| Becton DickinsonBDX | 1.1% | $2m | 13,533 | New |
| Moody'sMCO | 1.1% | $2m | 4,480 | New |
| Amazon.comAMZN | 1.1% | $2m | 8,404 | New |
| TransDigm GroupTDG | 0.5% | $999,030 | 750 | New |
| Palmer Square Capital BDCPSBD | 0.5% | $917,252 | 88,028 | New |
| Carlyle Secured LendingCGBD | 0.3% | $481,253 | 45,703 | New |
| Golub Capital BDCGBDC | 0.1% | $259,262 | 20,129 | New |
| Ares CapitalARCC | 0.1% | $257,511 | 13,897 | New |
| Blackstone Secured Lending FundBXSL | 0.1% | $249,358 | 10,517 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 35.6% since 30 June 2025.
Where the money is
Materials54.4%
Industrials14.5%
Retail & consumer6.7%
Media & telecom6.0%
Financial services5.8%
Health care5.5%
Technology1.3%
Other5.9%
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.