Stenham Asset Management Ltd Diversified Active

Name: Stenham Asset Management Ltd Q2 2026 13F Filing | 13F Explorer
Creator: Stenham Asset Management Ltd
Published: 2026-08-14

Location: Guernsey

CIK: 0001840750 · Show all filings

Period: Q2 2026 (← Previous)

Filing Date: Aug 14, 2026

Total Value: $140M (100.0% shares, 0.0% debt)

Holdings (15)

New Positions (4)

SNDK SANDISK CORP 1.2%

Value $1.614M Shares 710 Est. Cost — Unrealized —

HBM HUDBAY MINERALS INC 1.1%

Value $1.549M Shares 65,600 Est. Cost — Unrealized —

MGM MGM RESORTS INTERNATIONAL 0.7%

Value $1.004M Shares 21,000 Est. Cost — Unrealized —

CORZ CORE SCIENTIFIC INC NEW 0.4%

Value $522K Shares 20,400 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SNDK	SANDISK CORP	710	$1.614M	1.2%	—	—	COM	80004C200
HBM	HUDBAY MINERALS INC	65,600	$1.549M	1.1%	—	—	COM	443628102
MGM	MGM RESORTS INTERNATIONAL	21,000	$1.004M	0.7%	—	—	COM	552953101
CORZ	CORE SCIENTIFIC INC NEW	20,400	$522K	0.4%	—	—	COM	21874A106

Increased Positions (2)

IHAK ISHARES TR 1.4%

Value $1.987M (+93.2%) Shares 32,723 (+38.9%) Est. Cost — Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.8%

Value $1.106M (+23.7%) Shares 2,211 (+18.4%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
IHAK	ISHARES TR	32,723 (+38.9%)	$1.987M (+93.2%)	1.4%	—	—	CYBERSECURITY	46435U135
BRK/B	BERKSHIRE HATHAWAY INC DEL	2,211 (+18.4%)	$1.106M (+23.7%)	0.8%	—	—	CL B NEW	084670702

Exited Positions (7)

HON HONEYWELL INTL INC 6.1%

Value $8.463M Shares 37,441 Est. Cost — Unrealized —

UNP UNION PAC CORP 5.4%

Value $7.603M Shares 31,338 Est. Cost — Unrealized —

TLN TALEN ENERGY CORP 4.9%

Value $6.863M Shares 21,500 Est. Cost — Unrealized —

AER AERCAP HOLDINGS NV 4.4%

Value $6.159M Shares 44,900 Est. Cost — Unrealized —

NVDA NVIDIA CORPORATION 4.2%

Value $5.896M Shares 33,810 Est. Cost — Unrealized —

HUT HUT 8 CORP 2.3%

Value $3.169M Shares 67,550 Est. Cost — Unrealized —

CRH CRH PLC 0.6%

Value $883K Shares 8,400 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
HON	HONEYWELL INTL INC	37,441	$8.463M	6.1%	—	—	—	438516106
UNP	UNION PAC CORP	31,338	$7.603M	5.4%	—	—	—	907818108
TLN	TALEN ENERGY CORP	21,500	$6.863M	4.9%	—	—	—	87422Q109
AER	AERCAP HOLDINGS NV	44,900	$6.159M	4.4%	—	—	—	N00985106
NVDA	NVIDIA CORPORATION	33,810	$5.896M	4.2%	—	—	—	67066G104
HUT	HUT 8 CORP	67,550	$3.169M	2.3%	—	—	—	44812J104
CRH	CRH PLC	8,400	$883K	0.6%	—	—	—	G25508105

Decreased Positions (3)

GLD SPDR GOLD TR 84.9%

Value $118M (-15.3%) Shares 321,659 (-1.0%) Est. Cost — Unrealized —

AMZN AMAZON COM INC 0.8%

Value $1.12M (-85.9%) Shares 4,700 (-87.7%) Est. Cost — Unrealized —

TSM TAIWAN SEMICONDUCTOR MANUFAC 1.4%

Value $1.933M (-74.6%) Shares 4,047 (-82.0%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GLD	SPDR GOLD TR	321,659 (-1.0%)	$118M (-15.3%)	84.9%	—	—	GOLD SHS	78463V107
AMZN	AMAZON COM INC	4,700 (-87.7%)	$1.12M (-85.9%)	0.8%	—	—	COM	023135106
TSM	TAIWAN SEMICONDUCTOR MANUFAC	4,047 (-82.0%)	$1.933M (-74.6%)	1.4%	—	—	SPONSORED ADS	874039100

Unchanged Positions (6)

NAK NORTHERN DYNASTY MINERALS LT 2.8%

Value $3.928M Shares 2,046,000 Est. Cost — Unrealized —

SLV ISHARES SILVER TR 1.1%

Value $1.481M Shares 27,700 Est. Cost — Unrealized —

YSS YORK SPACE SYSTEMS INC 2.0%

Value $2.724M Shares 110,651 Est. Cost — Unrealized —

CEF SPROTT ASSET MANAGEMENT LP 0.4%

Value $603K Shares 15,000 Est. Cost — Unrealized —

PHO INVESCO EXCHANGE TRADED FD T 0.4%

Value $511K Shares 7,400 Est. Cost — Unrealized —

TKO TKO GROUP HOLDINGS INC 0.8%

Value $1.067M Shares 5,300 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NAK	NORTHERN DYNASTY MINERALS LT	2,046,000	$3.928M	2.8%	—	—	COM NEW	66510M204
SLV	ISHARES SILVER TR	27,700	$1.481M	1.1%	—	—	ISHARES	46428Q109
YSS	YORK SPACE SYSTEMS INC	110,651	$2.724M	2.0%	—	—	COM	987084100
CEF	SPROTT ASSET MANAGEMENT LP	15,000	$603K	0.4%	—	—	PHYSICAL GOLD AN	85208R101
PHO	INVESCO EXCHANGE TRADED FD T	7,400	$511K	0.4%	—	—	WATER RES ETF	46137V142
TKO	TKO GROUP HOLDINGS INC	5,300	$1.067M	0.8%	—	—	CL A	87256C101