Stenham Asset Management Ltd — 13F Holdings & Portfolio
CIK 1840750 · latest 13F-HR filed 2026-08-14
Stenham Asset Management Ltd manages $139.6M in 13F-reported U.S. long-equity assets across 15 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are GLD (84.85%), NAK (2.81%), YSS (1.95%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 4 new positions, exited 7, added to 4, and trimmed 5.
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.
ST PETER PORT
GUERNSEY GY1 2QE
$139.6M
Long-equity book
15
Distinct positions
2026-06-30
Filed 2026-08-14
+4 / −7 / ↑4 / ↓5
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- NORTHERN DYNASTY MINERALS LT$1.1M +37.1%
- ISHARES TR$958.3K +93.2%
- YORK SPACE SYSTEMS INC$271.1K +11.1%
- BERKSHIRE HATHAWAY INC DEL$211.7K +23.7%
Top Trims
- SPDR GOLD TR-$21.4M -15.3%
- AMAZON COM INC-$6.9M -85.9%
- TAIWAN SEMICONDUCTOR MANUFAC-$5.7M -74.6%
- ISHARES SILVER TR-$406.4K -21.5%
- SPROTT ASSET MANAGEMENT LP-$112.3K -15.7%
New Positions
- SANDISK CORP$1.6M
- HUDBAY MINERALS INC$1.5M
- MGM RESORTS INTERNATIONAL$1.0M
- CORE SCIENTIFIC INC NEW$522.0K
Exited Positions
- HONEYWELL INTL INC$8.5M
- UNION PAC CORP$7.6M
- TALEN ENERGY CORP$6.9M
- AERCAP HOLDINGS NV$6.2M
- NVIDIA CORPORATION$5.9M
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 | SPDR GOLD TR | GLD | 78463V107 | $118.5M | 84.85% | 321,659 | SH |
| 2 | NORTHERN DYNASTY MINERALS LT | NAK | 66510M204 | $3.9M | 2.81% | 2,046,000 | SH |
| 3 | YORK SPACE SYSTEMS INC | YSS | 987084100 | $2.7M | 1.95% | 110,651 | SH |
| 4 | ISHARES TR | IHAK | 46435U135 | $2.0M | 1.42% | 32,723 | SH |
| 5 | TAIWAN SEMICONDUCTOR MANUFAC | TSM | 874039100 | $1.9M | 1.38% | 4,047 | SH |
| 6 | SANDISK CORP | SNDK | 80004C200 | $1.6M | 1.16% | 710 | SH |
| 7 | HUDBAY MINERALS INC | HBM | 443628102 | $1.5M | 1.11% | 65,600 | SH |
| 8 | ISHARES SILVER TR | SLV | 46428Q109 | $1.5M | 1.06% | 27,700 | SH |
| 9 | AMAZON COM INC | AMZN | 023135106 | $1.1M | 0.80% | 4,700 | SH |
| 10 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $1.1M | 0.79% | 2,211 | SH |
| 11 | TKO GROUP HOLDINGS INC | TKO | 87256C101 | $1.1M | 0.76% | 5,300 | SH |
| 12 | MGM RESORTS INTERNATIONAL | MGM | 552953101 | $1.0M | 0.72% | 21,000 | SH |
| 13 | SPROTT ASSET MANAGEMENT LP | CEF | 85208R101 | $603.5K | 0.43% | 15,000 | SH |
| 14 | CORE SCIENTIFIC INC NEW | CORZ | 21874A106 | $522.0K | 0.37% | 20,400 | SH |
| 15 | INVESCO EXCHANGE TRADED FD T | PHO | 46137V142 | $511.2K | 0.37% | 7,400 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | $139.6M | 15 | 0001214659-26-010387 |
| 2026-03-31 | 2026-05-15 | $205.9M | 18 | 0001214659-26-006472 |
| 2025-12-31 | 2026-02-17 | $200.3M | 23 | 0001214659-26-001986 |
| 2025-09-30 | 2025-11-14 | $173.9M | 21 | 0001214659-25-016640 |