Stenham Asset Management (UK) Plc

Q4 2025 13F-HR Holdings

Location
London, X0
Holdings as of
12/31/2025
Date filed
2/17/2026
Form type
13F-HR
Num holdings
16
Total value ($000)
$89,766
Net value change ($000)
-13,168 (-12.8%)
New positions
0
Sold out positions
1
Turnover %
6.3%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/14/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
V 1,129 27.8%
FERG 544 13.8%
HLT 119 2.1%
AMZN 48 0.7%
Top Reduces (Value $000, Stocks/ETFs)
ZTS -5,055 -100.0%
MA -2,826 -35.4%
MSFT -1,696 -19.3%
AFG -1,275 -21.2%
RACE -1,156 -19.0%
GE -1,041 -21.8%
TSM -930 -10.8%
CME -644 -13.3%
SNPS -460 -11.0%
UNP -410 -6.0%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 10,028 (11.2% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type