Lingotto Investment Management LLP

All holdings · as of Dec 31, 2025

Company	Class	Value ↓	Shares	% of portfolio
CARVANA CO.	—	$1.20B	2,855,140	21.3%
TEVA PHARMACEUTICAL INDUSTRIES LTDTEVA	ADR	$887.07M	28,422,768	15.6%
Paramount Skydance CorpPSKY	Common Stock	$632.40M	47,193,833	11.2%
Sibanye Stillwater LimitedSBSW	ADR	$405.13M	28,430,409	7.1%
NOVAGOLD RESOURCES INCNG	Common Stock	$328.03M	35,196,788	5.8%
VEON LTD	—	$318.62M	6,060,852	5.6%
VANECK ETF TRUST	—	$296.16M	2,602,894	5.2%
RANGE RESOURCES CORP	—	$254.46M	7,216,694	4.5%
Valaris Ltd	—	$187.45M	3,719,176	3.3%
FIRST MAJESTIC SILVER CORP	—	$167.38M	10,046,918	3.0%
SLB LIMITED/NV	—	$159.59M	4,158,163	2.8%
HARMONY GOLD MINING CO LTD	—	$97.46M	4,897,286	1.7%
NVIDIA Corp	—	$96.04M	514,967	1.7%
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTDTSM	ADR	$83.53M	274,878	1.5%
Tempus AI, Inc.	—	$67.53M	1,143,526	1.2%
Intuitive Surgical Inc	—	$61.03M	107,756	1.1%
Pony AI Inc.PONY	ADR	$59.56M	4,107,512	1.1%
ServiceNow Inc	—	$43.71M	285,325	0.8%
MICROSOFT CORP	—	$42.96M	88,837	0.8%
Joby Aviation, Inc.	—	$41.42M	3,138,240	0.7%
MercadoLibre, Inc.	—	$40.59M	20,152	0.7%
Cloudflare, Inc.	—	$34.63M	175,635	0.6%
Aurora Innovation, Inc.	—	$31.31M	8,153,945	0.6%
Tesla Inc	—	$26.45M	58,804	0.5%
RECURSION PHARMACEUTICALS, INC.	—	$20.17M	4,931,057	0.4%
Moderna, Inc.	—	$14.71M	498,693	0.3%
APi Group Corp	—	$11.75M	307,200	0.2%
Hyatt Hotels Corp	—	$10.09M	62,923	0.2%
Amazon.com Inc	—	$9.79M	42,410	0.2%
CRH PUBLIC LTD CO	—	$7.46M	59,761	0.1%
Duolingo, Inc.	—	$5.89M	33,563	0.1%
Rocket Companies, Inc.	—	$5.81M	299,900	0.1%
SUNRUN INC.	—	$4.48M	243,500	0.1%
Primo Brands Corp	—	$2.93M	179,200	0.1%
Vertiv Holdings Co	—	$2.64M	16,300	0.0%
Alibaba Group Holding LtdBABA	ADR	$2.51M	17,100	0.0%
Ginkgo Bioworks Holdings, Inc.	—	$2.08M	250,282	0.0%
Energy Fuels Inc/Canada	—	$1.41M	96,900	0.0%