Oldfield Partners LLP
Oldfield Partners LLP is a London-based, privately owned boutique investment firm founded in 2004. It is a classic value-focused asset manager overseeing nearly $2.9 billion in assets for a global client base including institutional investors. The firm is led by founder and executive chairman Richard Oldfield and is known for its experienced, collegiate team and rigorous, fundamental research-driven investment process. Oldfield Partners employs around 25 employees and maintains a discrete and patient culture dedicated to long-term investing.
Investment Strategy
Oldfield Partners pursues a classic contrarian value investing strategy, focusing on buying lowly-valued, fundamentally sound companies trading below intrinsic worth. The firm ignores index weights, relying on its own fundamental research to identify high-conviction stock ideas. Portfolios are built for diversification and risk control but always adhere to strict value principles: discipline, patience, and an emphasis on valuations over forecasts. The approach is to capitalize on market inefficiencies created by herd behavior and emotional, short-term market movements, emphasizing deep evaluation to avoid value traps. ESG factors and stewardship are integrated into long-term risk assessments and ongoing engagement with portfolio companies.
Top Holdings
Equity Positions (19)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
L LEA | LEAR CORP | 19.98% | $58.1M | 612,218 | $88.25 | $94.98 | +$4.3M |
D DIS | DISNEY WALT CO | 18.57% | $54.1M | 435,900 | $82.85 | $124.01 | +$452.0K |
C CB | CHUBB LIMITED | 18.28% | $53.2M | 183,700 | $192.56 | $289.72 | -$9.2M |
A ARW | ARROW ELECTRS INC | 16.08% | $46.8M | 367,300 | $128.87 | $127.43 | +$12.5M |
L LUV | SOUTHWEST AIRLS CO | 11.27% | $32.8M | 1,011,000 | $42.85 | $32.44 | -$1.0M |