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Antipodes Partners LTD

CIK:0001652442
Hedge Fund
$8B AUM
105 holdings
Sydney, NSW, Australia
Founded:2015
47 employees
Latest filing:Jun 30, 2025

Antipodes Partners Ltd is a Sydney-based hedge fund and global asset management firm specializing in equity strategies with a focus on global and emerging markets. Established in 2015 by Jacob Mitchell, the firm manages assets for institutional and individual investors worldwide. With offices in Sydney and London, Antipodes employs a team of experienced investment professionals and integrates quantitative tools within a fundamental research framework to deliver risk-adjusted returns.

Investment Strategy

Antipodes Partners employs a pragmatic value investment approach focused on global and emerging market equities. The team seeks to build high conviction portfolios of at least 30 stocks by identifying resilient businesses trading below intrinsic value. Their investment process emphasizes starting valuation, business resilience, and active management of portfolio risk, coupled with a focus on diversification, macroeconomic and structural analysis, and opportunistic hedging of currency risk. The strategy aims to outperform the market over a three to five-year period by exploiting market inefficiencies and overreactions, constructing portfolios around multiple independent drivers of return to limit single points of failure.

Latest 13F Filing Activity

Antipodes Partners LTD filed their most recent 13F report on Jun 30, 2025 disclosing 103 equity positions with a total 13F market value of $3B. The fund increased holdings in Barrick Mining Corp., Advanced Micro Devices Inc., Workday Inc. among other positions. Antipodes Partners LTD reduced exposure to Barrick Gold Corp., Jd.com Inc., Ke Holdings Inc. among others.

Top Buys
B
BBarrick Mining Corp
+$169.3M
A
AMDAdvanced Micro Devices Inc
+$99.7M
W
WDAYWorkday Inc
+$78.0M
W
WLKWestlake Corp
+$62.5M
E
EATBrinker International Inc
+$55.7M
Top Sells
G
GOLDBarrick Gold Corp
-$196.6M
J
JDJD.com Inc
-$121.0M
B
BEKEKE Holdings Inc
-$88.9M
A
AAAlcoa Corp
-$51.5M
O
ORCLOracle Corp
-$39.4M

Top Holdings

M
MSFTMicrosoft Corp
+7.4%$238.8M
G
GOOGLAlphabet Inc
+6.3%$202.4M
C
COFCapital One Financial Corp
+6.2%$200.2M
A
AMZNAmazon.com Inc
+5.3%$172.1M
B
BBarrick Mining Corp
+5.3%$169.3M

Equity Positions (103)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
Microsoft Corp7.40%$238.8M479,954$290.84$497.41+$47.9M
Alphabet Inc6.28%$202.4M1,148,175$180.33$176.23+$21.9M
Capital One Financial Corp6.21%$200.2M941,112$124.32$212.76+$5.8M
Amazon.com Inc5.34%$172.1M784,330$151.64$219.39+$19.4M
B
B
Barrick Mining Corp5.25%$169.3M8,131,094$20.82$20.82+$169.3M

Industry Allocation

ELECTRIC & OTHER SERVICES COMBINED
+12.3%
ELECTRIC SERVICES
+10.3%
SERVICES-PREPACKAGED SOFTWARE
+6.1%
REAL ESTATE INVESTMENT TRUSTS
+6.0%
NATIONAL COMMERCIAL BANKS
+4.3%