Stenham Asset Management Ltd

All Holdings — 2026 Q1

AI Portfolio Summary
In 2026 Q1, Stenham Asset Management Ltd maintained a portfolio of 26 distinct positions. The most significant new addition to the portfolio was HUT 8 CORP, which now represents 1.54% of the total fund value. They heavily accumulated shares in TAIWAN SEMICONDUCTOR, increasing their position by 128.0%. Conversely, Stenham Asset Management Ltd completely exited their position in FERRARI N V.
PCA Score Concentration Risk
Risk ENB
Total Positions
26
Quarter
2026 Q1
Top Holding
GLD (67.9%)
Top 10 Concentration
95.4%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-26 of 26
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
GLD
SPDR GOLD TR
ETF 67.93% 67.64% #1
Prev: #1
6.5 -16,906 -4.9%
P
S
325,001 $139,844,680 2025 Q1 13F Filing 2026-03-31 2026-05-15
HON
HONEYWELL INTL ...
Industrials 4.11% 3.65% #2 4
Prev: #6
4.1 no change no change
P
S
37,441 $8,462,789 2025 Q4 13F Filing 2026-03-31 2026-05-15
AMZN
AMAZON COM INC
Consumer Cyclical 3.87% 4.62% #3
Prev: #3
3.0 -1,800 -4.5%
P
S
38,280 $7,972,576 2020 Q4 13F Filing 2026-03-31 2026-05-15
TSM
TAIWAN SEMICOND...
Technology 3.70% 1.50% #4 4
Prev: #8
5.0 12,655 128.0%
P
S
22,538 $7,616,717 2020 Q4 13F Filing 2026-03-31 2026-05-15
UNP
UNION PAC CORP
Industrials 3.69% 3.89% #5
Prev: #5
2.5 -2,319 -6.9%
P
S
31,338 $7,603,226 2025 Q1 13F Filing 2026-03-31 2026-05-15
TLN
TALEN ENERGY CO...
Utilities 3.33% 4.02% #6 2
Prev: #4
2.3 no change no change
P
S
21,500 $6,863,445 2025 Q1 13F Filing 2026-03-31 2026-05-15
AER
AERCAP HOLDINGS...
Industrials 2.99% 3.22% #7
Prev: #7
2.2 no change no change
P
S
44,900 $6,159,382 2025 Q2 13F Filing 2026-03-31 2026-05-15
NVDA
NVIDIA CORPORAT...
Technology 2.86% 5.75% #8 6
Prev: #2
1.1 -27,927 -45.2%
P
S
33,810 $5,896,464 2025 Q1 13F Filing 2026-03-31 2026-05-15
HUT
HUT 8 CORP
Financial Services 1.54% #9
Prev: #—
4.1 67,550 no change
NEW
67,550 $3,168,770 2026 Q1 13F Filing 2026-03-31 2026-05-15
NAK
NORTHERN DYNAST...
Basic Materials 1.39% #10
Prev: #—
4.1 2,046,000 no change
NEW
2,046,000 $2,864,400 2026 Q1 13F Filing 2026-03-31 2026-05-15
N/A
YORK SPACE SYST...
Unknown 1.19% #11
Prev: #—
4.0 110,651 no change
NEW
110,651 $2,453,133 13F Filing 2026-03-31 2026-05-15
SLV
ISHARES SILVER ...
ETF 0.92% 0.89% #12 3
Prev: #9
1.4 no change no change
P
S
27,700 $1,887,478 2020 Q4 13F Filing 2026-03-31 2026-05-15
TKO
TKO GROUP HOLDI...
Communication Services 0.52% 0.55% #13 2
Prev: #11
1.2 no change no change
P
S
5,300 $1,068,745 2025 Q1 13F Filing 2026-03-31 2026-05-15
IHAK
ISHARES TR
ETF 0.50% 0.49% #14 1
Prev: #13
2.2 3,181 15.6%
P
S
23,559 $1,028,350 2025 Q3 13F Filing 2026-03-31 2026-05-15
BRK/B
BERKSHIRE HATHA...
Financial Services 0.43% 0.47% #15 1
Prev: #14
1.2 no change no change
P
S
1,867 $894,666 2025 Q3 13F Filing 2026-03-31 2026-05-15
CRH
CRH PLC
Basic Materials 0.43% 0.52% #16 4
Prev: #12
1.2 no change no change
P
S
8,400 $883,008 2025 Q1 13F Filing 2026-03-31 2026-05-15
CEF
SPROTT ASSET MA...
Unknown 0.35% 0.57% #17 7
Prev: #10
0.1 -10,000 -40.0%
P
S
15,000 $715,800 2020 Q4 13F Filing 2026-03-31 2026-05-15
PHO
INVESCO EXCHANG...
ETF 0.24% 0.26% #18 1
Prev: #17
1.1 no change no change
P
S
7,400 $494,764 2020 Q4 13F Filing 2026-03-31 2026-05-15
RACE
FERRARI N V
Consumer Cyclical 0.00% 0.17%
Sold All 😨
(Was: #23)
0.0 -940 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2026-03-31 2026-05-15
CME
CME GROUP INC
Financial Services 0.00% 0.20%
Sold All 😨
(Was: #22)
0.0 -1,440 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2026-03-31 2026-05-15
DHR
DANAHER CORPORA...
Healthcare 0.00% 0.21%
Sold All 😨
(Was: #21)
0.0 -1,870 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2026-03-31 2026-05-15
HLT
HILTON WORLDWID...
Consumer Cyclical 0.00% 0.22%
Sold All 😨
(Was: #20)
0.0 -1,560 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2026-03-31 2026-05-15
GE
GE AEROSPACE
Industrials 0.00% 0.24%
Sold All 😨
(Was: #19)
0.0 -1,580 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2026-03-31 2026-05-15
PCG
PG&E CORP
Utilities 0.00% 0.25%
Sold All 😨
(Was: #18)
0.0 -30,900 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2026-03-31 2026-05-15
MA
MASTERCARD INCO...
Financial Services 0.00% 0.32%
Sold All 😨
(Was: #16)
0.0 -1,110 -100.0%
CLOSED
$— 2020 Q4 13F Filing 2026-03-31 2026-05-15
MSFT
MICROSOFT CORP
Technology 0.00% 0.34%
Sold All 😨
(Was: #15)
0.0 -1,420 -100.0%
CLOSED
$— 2020 Q4 13F Filing 2026-03-31 2026-05-15
Showing 1-26 of 26 holdings

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