Orbis Allan Gray Ltd

Orbis Allan Gray Ltd filed Q1 2026 13F-HR with $23.7B in disclosed U.S. equity holdings The portfolio is led by Unknown exposure, with top positions including CPAY (6.6%), QXO (6.1%), N97284108 (3.6%). Quarter-over-quarter activity shows 12 new entries and 12 exits, with a net additive posture across 62 changed positions. Notable reduction: INSM (55.2% reduction) (INSMED INC).