Theleme Partners LLP
London, X0
$1.7bn in 9 US stocks at the end of 30 June 2026. The top 10 are 100.0% of the money. It changed about 16.8% of the portfolio this quarter.
Value
$1.7bn
Stocks
9
Top 10 share
100.0%
Turnover
16.8%
What changed this quarter
New
Bought for the first time this quarter.
- EquinixEQIX6.5% of the fund
- HDFC BankHDB2.4% of the fund
Added
Bought more of a stock they already held.
- Amazon.comAMZN11.7% of the fund+12%
- TransUnionTRU10.2% of the fund+2%
- EquifaxEFX5.4% of the fund+6%
Cut
Sold some of their stake.
None this quarter.
Sold out
Sold their entire stake.
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| ModernaMRNA | 33.5% | $564m | 8,057,571 | Held |
| Meta PlatformsMETA | 15.4% | $259m | 459,450 | Held |
| Uber TechnologiesUBER | 13.7% | $231m | 3,196,550 | Held |
| Amazon.comAMZN | 11.7% | $196m | 822,979 | +12% |
| TransUnionTRU | 10.2% | $171m | 2,369,757 | +2% |
| EquinixEQIX | 6.5% | $110m | 105,603 | New |
| EquifaxEFX | 5.4% | $91m | 574,213 | +6% |
| HDFC BankHDB | 2.4% | $40m | 1,554,554 | New |
| Sify TechnologiesSIFY | 1.3% | $21m | 1,278,683 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 2.3% since 30 June 2025.
Where the money is
Health care33.5%
Industrials29.3%
Media & telecom15.4%
Retail & consumer11.7%
Real estate6.5%
Financial services2.4%
Technology1.3%
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.