Stenham Asset Management
Stenham Asset Management reported 15 stocks worth $140M in its 13F filing for Q2 2026, filed Aug 14, 2026. Its largest holdings are GLD (84.8%), NAK (2.8%) and YSS (1.9%). Compared with Q1 2026, the fund opened new positions in SNDK, HBM and MGM, added to IHAK and BRK.B, trimmed GLD, TSM and AMZN and sold out of UNP, TLN and AER.
Holdings
| # | Stock | Value | Weight | Shares | Change | Shares, 6 qtrs | Held |
|---|---|---|---|---|---|---|---|
| 1 |  GLD Spdr Gold TR | $118M | 84.8% | 322K | −3,342 (−1%) | 6 of 6 | |
| 2 |  NAK Northern Dynasty Minerals LT Com NE | $3.9M | 2.8% | 2M | No change | 2 of 6 | |
| 3 |  YSS York Space Systems Inc | $2.7M | 1.9% | 111K | No change | 2 of 6 | |
| 4 |  IHAK Ishares TR | $2M | 1.4% | 33K | +9,164 (+39%) | 4 of 6 | |
| 5 |  TSM Taiwan Semiconductor Mfg Ltd | $1.9M | 1.4% | 4,047 | −18K (−82%) | 6 of 6 | |
| 6 |  SNDK Sandisk Corp | $1.6M | 1.2% | 710 | New position | 1 of 6 | |
| 7 |  HBM Hudbay Minerals Inc | $1.5M | 1.1% | 66K | New position | 1 of 6 | |
| 8 |  SLV Ishares Silver Trust | $1.5M | 1.1% | 28K | No change | 6 of 6 | |
| 9 |  AMZN Amazon Com Inc | $1.1M | 0.8% | 4,700 | −34K (−88%) | 6 of 6 | |
| 10 |  BRK.B Berkshire Hathaway Inc Del | $1.1M | 0.8% | 2,211 | +344 (+18%) | 4 of 6 |
Positions at Jun 30, 2026, as reported. Change is against the fund's Q1 2026 filing; weight is the share of the fund's reported stocks.
Sold out
held in Q1 2026, gone in Q2 2026| Stock | Value last quarter | Shares sold |
|---|---|---|
HONEYWELL INTL INC | $8.5M | 37K |
 UNP Union Pac Corp | $7.6M | 31K |
 TLN Talen Energy Corp | $6.9M | 22K |
 AER Aercap Holdings NV | $6.2M | 45K |
 NVDA Nvidia Corporation | $5.9M | 34K |
🔒 Free account: see all 7.
Reported value
last 6 quartersThe value of the US stocks the fund reported, at quarter end prices. It moves with the market as well as with buying and selling.
Filings for Q2 2026
straight from the SEC| Filed | Form | Quarter | |
|---|---|---|---|
| Aug 14, 2026 | 13F-HR | Q2 2026 | SEC filing ↗ |
Other superinvestors
All hedge fund holdings →Stenham Asset Management 13F FAQ
What does Stenham Asset Management own?
Stenham Asset Management reported 15 stocks worth $140M in its 13F filing for Q2 2026, filed Aug 14, 2026. Its largest holdings are GLD (84.8%), NAK (2.8%) and YSS (1.9%). The table above lists every position in the filing (the top 10 without an account).
What did Stenham Asset Management buy and sell in Q2 2026?
Compared with Q1 2026: 4 new positions, 2 added to, 3 trimmed and 7 sold out. New positions include SNDK, HBM and MGM. It sold all of UNP, TLN and AER.
When will Stenham Asset Management file its next 13F?
Holdings as of Sep 30, 2026 are due by Nov 16, 2026. The filing appears on this page within minutes of reaching the SEC.
How much is Stenham Asset Management's portfolio worth?
The Q2 2026 filing reports $140M in US stocks. That leaves out cash, bonds, short positions and most foreign holdings, so the fund's total assets are usually larger.
For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Holdings come from the fund's SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. The fund may have changed its positions since. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.