Kiltearn Partners LLP — 13F Holdings & Portfolio
CIK 1582633 · latest 13F-HR filed 2026-08-12
Kiltearn Partners LLP manages $412.1M in 13F-reported U.S. long-equity assets across 29 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are AMG (15.16%), CVS (8.67%), LUV (7.73%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 4 new positions and exited 0; 10 existing positions rose in reported value and 9 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
Loading holdings…
AUM
$412.1M
Long-equity book
Holdings
29
Distinct positions
Period
2026-06-30
Filed 2026-08-12
Q/Q Activity
+4 / −0 / ↑10 / ↓9
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26AMG15.2% · -5%CVS8.7% · -5%LUV7.7% · +5%DG7.7% · +2%ABEV5.8% · -3%KMX5.2% · +3%CI4.9% · -1%CMCSA4.7% · -2%HCA3.5% · +24%VALE3.3% · -5%LKQ3.3% · +6%GILD2.9% · -6%SWK2.8% · -5%MDT2.7% · -4%G2.5% · +318%LYB2.4% · -4%TS2.3% · -15%RHI2.3% · -5%SOLV1.8% · -5%FDX1.6% · -5%VSNT1.3% · +304%UPS1.2% · -5%NOV1.1% · -23%NKE1.1% · newXOM1.0% · -23%PVH0.9% · +10%QSR0.9% · newBKNG0.8% · newFDXF0.4% · new
Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
4 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 66.7%Cumulative share of the portfolio held in the largest N positions.
Firm Profile & Key People
As of the firm’s regulatory filing dated Aug 19, 2026.
Assets Under Management
$1.28B
Discretionary
$1.28B
Employees
20
Accounts
4
Address
22 CHARLOTTE SQUARE
EDINBURGH EH2 4DF
United Kingdom
EDINBURGH EH2 4DF
United Kingdom
Phone
011 44 131 460 1040
Website
This firm reports 1 disclosure item on its registration.
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| Armstrong, Colin, Robert Control | INVESTMENT MANAGER, LEGAL MEMBER since Apr 2023 | Less than 5% | Individual |
| CHEUNG, RAYMOND, K Control | SUPERVISORY GROUP MEMBER since Apr 2018 | Less than 5% | Individual |
| CLARKE, EDWARD, GERARD Control | SUPERVISORY GROUP MEMBER, PARTNER since Oct 2011 | Less than 5% | Individual |
| Fong, Alex, Wei Yip Control | LEGAL MEMBER since Apr 2021 | Less than 5% | Individual |
| Franklin, Helen, Potter Control | INVESTMENT MANAGER, PARTNER since Apr 2023 | Less than 5% | Individual |
| KILTEARN LIMITED Control | LEGAL MEMBER since Jan 2011 | 75% or more | Foreign Entity |
| MCARTHUR, DOUGLAS, GEORGE ROBERT Control | CHIEF COMPLIANCE OFFICER, LEGAL MEMBER, SUPERVISORY GROUP MEMBER since Apr 2019 | Less than 5% | Individual |
| MCGINTY, ROBERT, RUSSELL Control | CHIEF FINANCIAL OFFICER, LEGAL MEMBER, SUPERVISORY GROUP MEMBER since Apr 2019 | Less than 5% | Individual |
| MOHAMED, KHALED Control | CHIEF INVESTMENT OFFICER, LEGAL MEMBER, SUPERVISORY GROUP MEMBER since Mar 2011 | Less than 5% | Individual |
| MURCHISON, MURDOCH, ROSS Control | CHAIRMAN, INVESTMENT MANAGER, LEGAL MEMBER, SUPERVISORY GROUP MEMBER since Jan 2011 | Less than 5% | Individual |
| Stewart, Duncan, Findlay Control | LEGAL MEMBER since Apr 2021 | Less than 5% | Individual |
| WATSON, CRAIG, ROBERT Control | INVESTMENT MANAGER, LEGAL MEMBER, SUPERVISORY GROUP MEMBER since Jan 2011 | Less than 5% | Individual |
| CHEUNG, RAYMOND, K Control Indirect owner via KILTEARN LIMITED | DIRECTOR since Apr 2018 | General partner, trustee or manager | Individual |
| CLARKE, EDWARD, GERARD Control Indirect owner via KILTEARN LIMITED | DIRECTOR, SHAREHOLDER since Jan 2011 | General partner, trustee or manager | Individual |
| MURCHISON, MURDOCH, ROSS Control Indirect owner via KILTEARN LIMITED | CHAIRMAN, DIRECTOR, SHAREHOLDER since Jan 2011 | 25–50% | Individual |
| WATSON, CRAIG, ROBERT Control Indirect owner via KILTEARN LIMITED | DIRECTOR, SHAREHOLDER since Jan 2011 | General partner, trustee or manager | Individual |
| BUTT, STEPHEN, CHARLES Indirect owner via SILCHESTER PARTNERS LIMITED | CHAIRMAN, DIRECTOR, SHAREHOLDER since Apr 1995 | 50–75% | Individual |
| SILCHESTER PARTNERS LIMITED Indirect owner via KILTEARN LIMITED | SHAREHOLDER since Jan 2011 | 25–50% | Foreign Entity |
Ownership & leadership changes · 16 filings with changes since Mar 12, 2012
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
Aug 19, 2026 filing
- ChangedBUTT, STEPHEN, CHARLES · indirect via SILCHESTER PARTNERS LIMITED: no longer a control person
Apr 29, 2026 filing
- ChangedMOHAMED, KHALED · title INVESTMENT MANAGER, LEGAL MEMBER, SUPERVISORY GROUP MEMBER → CHIEF INVESTMENT OFFICER, LEGAL MEMBER, SUPERVISORY GROUP MEMBER
- ChangedMURCHISON, MURDOCH, ROSS · title CHIEF EXECUTIVE OFFICER, CHIEF INVESTMENT OFFICER, LEGAL MEMBER, SUPERVISORY GROUP MEMBER → CHAIRMAN, INVESTMENT MANAGER, LEGAL MEMBER, SUPERVISORY GROUP MEMBER
Jun 9, 2025 filing
- ChangedArmstrong, Colin, Robert · title LEGAL MEMBER → INVESTMENT MANAGER, LEGAL MEMBER
- ChangedFranklin, Helen, Potter · title PARTNER → INVESTMENT MANAGER, PARTNER
Aug 29, 2024 filing
- No longer listedCOLLINS, CRAIG, MCCOLL · INVESTMENT MANAGER, LEGAL MEMBER, SUPERVISORY GROUP MEMBER · Less than 5% · control person · listed since Jun 2011
May 21, 2024 filing
- ChangedArmstrong, Colin, Robert · title PARTNER → LEGAL MEMBER
- ChangedCLARKE, EDWARD, GERARD · title SUPERVISORY GROUP MEMBER → SUPERVISORY GROUP MEMBER, PARTNER
- ChangedCOLLINS, CRAIG, MCCOLL · title INVESTMENT MANAGER, PARTNER, SUPERVISORY GROUP MEMBER → INVESTMENT MANAGER, LEGAL MEMBER, SUPERVISORY GROUP MEMBER
- ChangedFong, Alex, Wei Yip · title PARTNER → LEGAL MEMBER
- ChangedFranklin, Helen, Potter · title LEGAL MEMBER → PARTNER
- ChangedKILTEARN LIMITED · title PARTNER → LEGAL MEMBER
- ChangedMCARTHUR, DOUGLAS, GEORGE ROBERT · title CHIEF COMPLIANCE OFFICER, PARTNER, SUPERVISORY GROUP MEMBER → CHIEF COMPLIANCE OFFICER, LEGAL MEMBER, SUPERVISORY GROUP MEMBER
- ChangedMCGINTY, ROBERT, RUSSELL · title CHIEF FINANCIAL OFFICER, PARTNER, SUPERVISORY GROUP MEMBER → CHIEF FINANCIAL OFFICER, LEGAL MEMBER, SUPERVISORY GROUP MEMBER
- ChangedMOHAMED, KHALED · title INVESTMENT MANAGER, PARTNER, SUPERVISORY GROUP MEMBER → INVESTMENT MANAGER, LEGAL MEMBER, SUPERVISORY GROUP MEMBER
- ChangedMURCHISON, MURDOCH, ROSS · title CHIEF EXECUTIVE OFFICER, CHIEF INVESTMENT OFFICER, PARTNER, SUPERVISORY GROUP MEMBER → CHIEF EXECUTIVE OFFICER, CHIEF INVESTMENT OFFICER, LEGAL MEMBER, SUPERVISORY GROUP MEMBER
- ChangedStewart, Duncan, Findlay · title PARTNER → LEGAL MEMBER
- ChangedWATSON, CRAIG, ROBERT · title INVESTMENT MANAGER, PARTNER, SUPERVISORY GROUP MEMBER → INVESTMENT MANAGER, LEGAL MEMBER, SUPERVISORY GROUP MEMBER
Apr 28, 2023 filing
- AddedArmstrong, Colin, Robert · PARTNER · Less than 5% · control person
- AddedFranklin, Helen, Potter · LEGAL MEMBER · Less than 5% · control person
May 25, 2022 filing
- ChangedMCARTHUR, DOUGLAS, GEORGE ROBERT · title CHIEF COMPLIANCE OFFICER, PARTNER → CHIEF COMPLIANCE OFFICER, PARTNER, SUPERVISORY GROUP MEMBER
Apr 21, 2021 filing
- AddedFong, Alex, Wei Yip · PARTNER · Less than 5% · control person
- AddedStewart, Duncan, Findlay · PARTNER · Less than 5% · control person
- ChangedMCARTHUR, DOUGLAS, GEORGE ROBERT · title CHIEF COMPLIANCE OFFICER → CHIEF COMPLIANCE OFFICER, PARTNER
- ChangedMCGINTY, ROBERT, RUSSELL · title CHIEF FINANCIAL OFFICER, SUPERVISORY GROUP MEMBER → CHIEF FINANCIAL OFFICER, PARTNER, SUPERVISORY GROUP MEMBER
Jun 29, 2020 filing
- ChangedMCGINTY, ROBERT, RUSSELL · title CHIEF FINANCIAL OFFICER → CHIEF FINANCIAL OFFICER, SUPERVISORY GROUP MEMBER
Apr 8, 2019 filing
- No longer listedGUNDERSON, STUART · CHIEF COMPLIANCE OFFICER, CHIEF OPERATING OFFICER, PARTNER, SUPERVISORY GROUP MEMBER · Less than 5% · control person · listed since Jan 2011
- No longer listedGUNDERSON, STUART · DIRECTOR, SHAREHOLDER · General partner, trustee or manager · indirect via KILTEARN LIMITED · control person · listed since Jan 2011
- AddedMCARTHUR, DOUGLAS, GEORGE ROBERT · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
- AddedMCGINTY, ROBERT, RUSSELL · CHIEF FINANCIAL OFFICER · Less than 5% · control person
Older changes (7 more filings)
Jun 26, 2018 filing
- No longer listedLINEHAN, TIMOTHY, JOHN · SUPERVISORY GROUP MEMBER · Less than 5% · control person · listed since Jan 2011
- No longer listedLINEHAN, TIMOTHY, JOHN · DIRECTOR · General partner, trustee or manager · indirect via KILTEARN LIMITED · control person · listed since Jan 2011
- AddedCHEUNG, RAYMOND, K · SUPERVISORY GROUP MEMBER · Less than 5% · control person
- AddedCHEUNG, RAYMOND, K · DIRECTOR · General partner, trustee or manager · indirect via KILTEARN LIMITED · control person
Jun 15, 2016 filing
- Listed againCOLLINS, CRAIG, MCCOLL · INVESTMENT MANAGER, PARTNER, SUPERVISORY GROUP MEMBER · Less than 5% · control person
- Listed againMOHAMED, KHALED · INVESTMENT MANAGER, PARTNER, SUPERVISORY GROUP MEMBER · Less than 5% · control person
- ChangedGUNDERSON, STUART · title SUPERVISORY GROUP MEMBER AND COVERED OFFICER → CHIEF COMPLIANCE OFFICER, CHIEF OPERATING OFFICER, PARTNER, SUPERVISORY GROUP MEMBER
- ChangedKILTEARN LIMITED · title LIMITED PARTNER → PARTNER
- ChangedMURCHISON, MURDOCH, ROSS · title SUPERVISORY GROUP MEMBER AND COVERED OFFICER → CHIEF EXECUTIVE OFFICER, CHIEF INVESTMENT OFFICER, PARTNER, SUPERVISORY GROUP MEMBER
- ChangedWATSON, CRAIG, ROBERT · title SUPERVISORY GROUP MEMBER → INVESTMENT MANAGER, PARTNER, SUPERVISORY GROUP MEMBER
Jun 11, 2015 filing
- No longer listedCOLLINS, CRAIG, MCCOLL · INVESTMENT MANAGER, PARTNER · 5–10% · control person · listed since Jun 2011
- No longer listedMOHAMED, KHALED · INVESTMENT ANALYST, PARTNER · 5–10% · control person · listed since Mar 2011
- AddedCLARKE, EDWARD, GERARD · DIRECTOR, SHAREHOLDER · General partner, trustee or manager · indirect via KILTEARN LIMITED · control person
- AddedGUNDERSON, STUART · DIRECTOR, SHAREHOLDER · General partner, trustee or manager · indirect via KILTEARN LIMITED · control person
- AddedLINEHAN, TIMOTHY, JOHN · DIRECTOR · General partner, trustee or manager · indirect via KILTEARN LIMITED · control person
- AddedWATSON, CRAIG, ROBERT · DIRECTOR, SHAREHOLDER · General partner, trustee or manager · indirect via KILTEARN LIMITED · control person
- ChangedBUTT, STEPHEN, CHARLES · indirect via SILCHESTER PARTNERS LIMITED: title CHAIRMAN, DIRECTOR → CHAIRMAN, DIRECTOR, SHAREHOLDER; ownership General partner, trustee or manager → 50–75%
- ChangedCLARKE, EDWARD, GERARD · ownership 5–10% → Less than 5%
- ChangedGUNDERSON, STUART · title CHIEF COMPLIANCE OFFICER, CHIEF OPERATING OFFICER, PARTNER, SUPERVISORY GROUP MEMBER → SUPERVISORY GROUP MEMBER AND COVERED OFFICER; ownership 5–10% → Less than 5%
- ChangedKILTEARN LIMITED · title SHAREHOLDER → LIMITED PARTNER
- ChangedMURCHISON, MURDOCH, ROSS · title CHIEF EXECUTIVE OFFICER, CHIEF INVESTMENT OFFICER, PARTNER, SUPERVISORY GROUP MEMBER → SUPERVISORY GROUP MEMBER AND COVERED OFFICER; ownership 5–10% → Less than 5%
- ChangedMURCHISON, MURDOCH, ROSS · indirect via KILTEARN LIMITED: title SHAREHOLDER → CHAIRMAN, DIRECTOR, SHAREHOLDER; now a control person
- ChangedWATSON, CRAIG, ROBERT · title INVESTMENT MANAGER, PARTNER, SUPERVISORY GROUP MEMBER → SUPERVISORY GROUP MEMBER; ownership 5–10% → Less than 5%
Jun 17, 2014 filing
- ChangedSILCHESTER PARTNERS LIMITED · indirect via KILTEARN LIMITED: no longer a control person
Jun 25, 2013 filing
- ChangedBUTT, STEPHEN, CHARLES · indirect via SILCHESTER PARTNERS LIMITED: ownership 50–75% → General partner, trustee or manager
May 25, 2012 filing
- AddedMURCHISON, MURDOCH, ROSS · SHAREHOLDER · 25–50% · indirect via KILTEARN LIMITED
- ChangedMOHAMED, KHALED · ownership Less than 5% → 5–10%
- ChangedMURCHISON, MURDOCH, ROSS · ownership 50–75% → 5–10%
Mar 12, 2012 filing (earliest on record)
- ListedBUTT, STEPHEN, CHARLES · CHAIRMAN, DIRECTOR · 50–75% · indirect via SILCHESTER PARTNERS LIMITED · control person
- ListedCLARKE, EDWARD, GERARD · SUPERVISORY GROUP MEMBER · 5–10% · control person
- ListedCOLLINS, CRAIG, MCCOLL · INVESTMENT MANAGER, PARTNER · 5–10% · control person
- ListedGUNDERSON, STUART · CHIEF COMPLIANCE OFFICER, CHIEF OPERATING OFFICER, PARTNER, SUPERVISORY GROUP MEMBER · 5–10% · control person
- ListedKILTEARN LIMITED · SHAREHOLDER · 75% or more · control person
- ListedLINEHAN, TIMOTHY, JOHN · SUPERVISORY GROUP MEMBER · Less than 5% · control person
- ListedMOHAMED, KHALED · INVESTMENT ANALYST, PARTNER · Less than 5% · control person
- ListedMURCHISON, MURDOCH, ROSS · CHIEF EXECUTIVE OFFICER, CHIEF INVESTMENT OFFICER, PARTNER, SUPERVISORY GROUP MEMBER · 50–75% · control person
- ListedSILCHESTER PARTNERS LIMITED · SHAREHOLDER · 25–50% · indirect via KILTEARN LIMITED · control person
- ListedWATSON, CRAIG, ROBERT · INVESTMENT MANAGER, PARTNER, SUPERVISORY GROUP MEMBER · 5–10% · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- SOUTHWEST AIRLS CO$9.7M +44.0%
- CVS HEALTH CORP$9.5M +36.3%
- AFFILIATED MANAGERS GROUP IN$8.5M +15.7%
- GENPACT LIMITED$7.0M +208.2%
- CARMAX INC$5.1M +31.0%
Top Trims
- LYONDELLBASELL INDUSTRIES N-$5.8M -37.3%
- COMCAST CORP NEW-$3.7M -16.2%
- EXXON MOBIL CORP-$2.4M -38.1%
- TENARIS S A-$2.3M -19.1%
- GILEAD SCIENCES INC-$2.0M -14.3%
New Positions
- NIKE, INC.$4.6M
- RESTAURANT BRANDS INTERNATIONAL$3.7M
- BOOKING HOLDINGS$3.5M
- FEDEX FREIGHT$1.7M
Kiltearn Partners LLP Holdings (2026-06-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | AFFILIATED MANAGERS GROUP IN | AMG | 008252108 | $62.5M | 15.16% | 184,586 | SH |
| 2 | CVS HEALTH CORP | CVS | 126650100 | $35.7M | 8.67% | 345,471 | SH |
| 3 | SOUTHWEST AIRLS CO | LUV | 844741108 | $31.9M | 7.73% | 619,627 | SH |
| 4 | DOLLAR GEN CORP NEW | DG | 256677105 | $31.5M | 7.65% | 274,047 | SH |
| 5 | AMBEV SA | ABEV | 02319V103 | $23.8M | 5.77% | 7,567,886 | SH |
| 6 | CARMAX INC | KMX | 143130102 | $21.5M | 5.22% | 406,479 | SH |
| 7 | CIGNA CORP NEW | CI | 125523100 | $20.4M | 4.94% | 73,833 | SH |
| 8 | COMCAST CORP NEW | CMCSA | 20030N101 | $19.2M | 4.67% | 784,026 | SH |
| 9 | HCA HEALTHCARE INC | HCA | 40412C101 | $14.5M | 3.53% | 37,314 | SH |
| 10 | VALE S A | VALE | 91912E105 | $13.7M | 3.32% | 909,672 | SH |
| 11 | LKQ CORP | LKQ | 501889208 | $13.4M | 3.26% | 510,520 | SH |
| 12 | GILEAD SCIENCES INC | GILD | 375558103 | $12.0M | 2.91% | 94,871 | SH |
| 13 | STANLEY BLACK & DECKER INC | SWK | 854502101 | $11.5M | 2.78% | 121,847 | SH |
| 14 | MEDTRONIC PLC | MDT | G5960L103 | $11.2M | 2.71% | 142,788 | SH |
| 15 | GENPACT LIMITED | G | G3922B107 | $10.4M | 2.52% | 378,005 | SH |
| 16 | LYONDELLBASELL INDUSTRIES N | LYB | N53745100 | $9.8M | 2.39% | 186,982 | SH |
| 17 | TENARIS S A | TS | 88031M109 | $9.6M | 2.34% | 173,766 | SH |
| 18 | ROBERT HALF INC. | RHI | 770323103 | $9.3M | 2.27% | 304,068 | SH |
| 19 | SOLVENTUM CORP | SOLV | 83444M101 | $7.5M | 1.82% | 97,403 | SH |
| 20 | FEDEX CORP | FDX | 31428X106 | $6.8M | 1.64% | 21,559 | SH |
| 21 | VERSANT MEDIA GROUP INC | VSNT | 925283103 | $5.3M | 1.28% | 146,131 | SH |
| 22 | UNITED PARCEL SERVICE INC | UPS | 911312106 | $4.9M | 1.18% | 45,341 | SH |
| 23 | NOV INC | NOV | 62955J103 | $4.7M | 1.13% | 251,641 | SH |
| 24 | NIKE, INC. | NKE | 654106103 | $4.6M | 1.11% | 111,171 | SH |
| 25 | EXXON MOBIL CORP | XOM | 30231G102 | $4.0M | 0.96% | 28,892 | SH |
| 26 | PVH CORPORATION | PVH | 693656100 | $3.7M | 0.89% | 49,402 | SH |
| 27 | RESTAURANT BRANDS INTERNATIONAL | QSR | 76131D103 | $3.7M | 0.89% | 50,394 | SH |
| 28 | BOOKING HOLDINGS | BKNG | 09857L108 | $3.5M | 0.85% | 19,653 | SH |
| 29 | FEDEX FREIGHT | FDXF | 314352105 | $1.7M | 0.42% | 11,439 | SH |
Filing History
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-12 | $412.1M | 29 | 0000929638-26-003011 |
| 2026-03-31 | 2026-05-14 | $371.7M | 25 | 0000929638-26-001860 |
| 2025-12-31 | 2026-02-13 | $461.7M | 28 | 0000929638-26-000627 |
| 2025-09-30 | 2025-11-13 | $498.9M | 28 | 0000929638-25-004235 |
Filer Information
Address
22 CHARLOTTE SQUAREEDINBURGH, X0 EH2 4DF
Phone
0131 460 1040
Filing Manager
Kiltearn Partners LLP
Edinburgh, X0
Signatory
Douglas McArthur
Chief Compliance Officer