KNIGHTSBRIDGE ASSET MANAGEMENT, LLC

NEWPORT BEACH, CA · CIK 1332811 · 13F filing filed 2023-08-14

SEC-registered investment adviser since 1998 · limited liability company

Assets managed$1.1bn
Staff19 · 10 in investment roles
Main clients (by assets)High net worth individuals 81%, Pension plans 6%, Individuals 5%
Private funds1 (1 hedge) · $30.8m gross assets
Websiteknightsb.com
Form ADV · 2026-09-28SEC adviser record

Legal entityKNIGHTSBRIDGE ASSET MANAGEMENT, LLC (US)

$310.8m reported value -46.9% vs Q1 2023

102positions

31.7%in top 10

10 new 0 added 92 reduced 39 sold out vs Q1 2023

Holdings, Q2 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	APPLE INC COM AAPL	AAPL	82,678	$16.0m5.16%	5.16%	Reduced -83.1k	-83,120 -50.1%
2	SPDR SERIES TRUST PORTFOLIO S&P500 SPYM	SPYM	261,846	$13.6m4.39%	4.39%	Reduced -244.8k	-244,752 -48.3%
3	KRANESHARES TRUST CALIFORNIA CARB KCCA	KCCA	402,312	$10.2m3.29%	3.29%	Reduced -397.5k	-397,533 -49.7%
4	SPDR INDEX SHS FDS PORTFOLIO DEVLPD SPDW	SPDW	303,031	$9.9m3.17%	3.17%	Reduced -275.9k	-275,879 -47.6%
5	FIRST CTZNS BANCSHARES INC N CL A FCNCA	FCNCA	7,280	$9.3m3.01%	3.01%	Reduced -6.8k	-6,764 -48.2%
6	DIMENSIONAL ETF TRUST US CORE EQUITY 2 DFAC	DFAC	303,373	$8.2m2.65%	2.65%	Reduced -293.1k	-293,150 -49.1%
7	CARGURUS INC COM CL A CARG	CARG	359,298	$8.1m2.62%	2.62%	Reduced -354.4k	-354,438 -49.7%
8	ALPHABET INC CAP STK CL A GOOGL	GOOGL	64,810	$7.8m2.50%	2.50%	Reduced -63.8k	-63,760 -49.6%
9	SPDR INDEX SHS FDS PORTFOLIO EMG MK SPEM	SPEM	224,344	$7.7m2.48%	2.48%	Reduced -204.8k	-204,819 -47.7%
10	PARKER-HANNIFIN CORP COM PH	PH	19,334	$7.5m2.43%	2.43%	Reduced -19.3k	-19,338 -50.0%
11	VISA INC COM CL A V	V	31,655	$7.5m2.42%	2.42%	Reduced -30.7k	-30,694 -49.2%
12	ISHARES TR CORE DIV GRWTH DGRO	DGRO	142,660	$7.4m2.37%	2.37%	Reduced -143.1k	-143,066 -50.1%
13	DELTA AIR LINES INC DEL COM NEW DAL	DAL	147,574	$7.0m2.26%	2.26%	Reduced -150.1k	-150,128 -50.4%
14	REGAL REXNORD CORPORATION COM RRX	RRX	41,176	$6.3m2.04%	2.04%	Reduced -41.1k	-41,112 -50.0%
15	AERCAP HOLDINGS NV SHS AER	AER	98,951	$6.3m2.02%	2.02%	New
16	J P MORGAN EXCHANGE TRADED F US QUALTY FCTR JQUA	JQUA	137,731	$6.1m1.96%	1.96%	Reduced -132.3k	-132,279 -49.0%
17	SUPER MICRO COMPUTER INC COM COM		24,452	$6.1m1.96%	1.96%	Reduced -182.1k	-182,098 -88.2%
18	GENERAL MTRS CO COM GM	GM	155,088	$6.0m1.92%	1.92%	New
19	HCA HEALTHCARE INC COM HCA	HCA	19,575	$5.9m1.91%	1.91%	Reduced -19.3k	-19,312 -49.7%
20	EURONET WORLDWIDE INC COM EEFT	EEFT	49,610	$5.8m1.87%	1.87%	Reduced -50.0k	-50,022 -50.2%
21	NCR VOYIX CORPORATION COM VYX	VYX	227,405	$5.7m1.84%	1.84%	New
22	D R HORTON INC COM DHI	DHI	46,961	$5.7m1.84%	1.84%	New
23	HORIZON THERAPEUTICS PUB L SHS HZNP	HZNP	55,184	$5.7m1.83%	1.83%	New
24	CELESTICA INC SUB VTG SHS SUB VTG SHS		388,417	$5.6m1.81%	1.81%	Reduced -352.6k	-352,605 -47.6%
25	MOLSON COORS BEVERAGE CO CL B TAP	TAP	84,885	$5.6m1.80%	1.80%	Reduced -83.3k	-83,320 -49.5%
26	LOANDEPOT INC COM CL A LDI	LDI	2,627,237	$5.6m1.79%	1.79%	Reduced -1.3m	-1,277,377 -32.7%
27	PERRIGO CO PLC SHS PRGO	PRGO	161,072	$5.5m1.76%	1.76%	New
28	ZILLOW GROUP INC CL C CAP STK Z	Z	108,454	$5.5m1.75%	1.75%	Reduced -108.3k	-108,252 -50.0%
29	TEXTRON INC COM TXT	TXT	79,901	$5.4m1.74%	1.74%	Reduced -82.3k	-82,257 -50.7%
30	AMAZON COM INC COM AMZN	AMZN	40,378	$5.3m1.69%	1.69%	Reduced -36.6k	-36,618 -47.6%
31	EXPAND ENERGY CORPORATION COM EXE	EXE	62,168	$5.2m1.67%	1.67%	Reduced -63.4k	-63,367 -50.5%
32	HUNTSMAN CORP COM HUN	HUN	187,632	$5.1m1.63%	1.63%	Reduced -196.5k	-196,482 -51.1%
33	RYMAN HOSPITALITY PPTYS INC COM RHP	RHP	48,350	$4.5m1.45%	1.45%	Reduced -48.6k	-48,610 -50.1%
34	FAIR ISAAC CORP COM FICO	FICO	5,239	$4.2m1.36%	1.36%	Reduced -15.9k	-15,925 -75.2%
35	WELLS FARGO CO NEW PERP PFD CNV A WFC 7.5 PERP L	WFC 7.5 PERP L	3,448	$4.0m1.28%	1.28%	Reduced -2.8k	-2,808 -44.9%
36	BANK AMERICA CORP COM BAC	BAC	123,706	$3.5m1.14%	1.14%	Reduced -133.0k	-132,986 -51.8%
37	EMBECTA CORP COMMON STOCK EMBC	EMBC	157,762	$3.4m1.10%	1.10%	Reduced -160.5k	-160,480 -50.4%
38	MICROSOFT CORP COM MSFT	MSFT	9,920	$3.4m1.09%	1.09%	Reduced -10.0k	-10,009 -50.2%
39	U HAUL HOLDING COMPANY COM SER N UHAL.B	UHAL.B	63,788	$3.2m1.04%	1.04%	Reduced -64.2k	-64,192 -50.2%
40	CUSHMAN WAKEFIELD PLC SHS 9199067D	9199067D	386,765	$3.2m1.02%	1.02%	Reduced -378.8k	-378,817 -49.5%
41	CAPRI HOLDINGS LIMITED SHS CPRI	CPRI	86,481	$3.1m1.00%	1.00%	Reduced -105.1k	-105,121 -54.9%
42	COSTCO WHSL CORP NEW COM COST	COST	5,705	$3.1m0.99%	0.99%	Reduced -5.6k	-5,594 -49.5%
43	ISHARES TR RUS MID CAP ETF IWR	IWR	41,751	$3.0m0.98%	0.98%	Reduced -38.4k	-38,404 -47.9%
44	PAGSEGURO DIGITAL LTD COM CL A PAGS	PAGS	275,545	$2.6m0.84%	0.84%	Reduced -241.6k	-241,633 -46.7%
45	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	10,702	$2.4m0.76%	0.76%	Reduced -10.4k	-10,427 -49.4%
46	ADOBE INC COM ADBE	ADBE	4,350	$2.1m0.68%	0.68%	Reduced -4.3k	-4,350 -50.0%
47	SCIENCE APPLICATIONS INTL CO COM SAIC	SAIC	18,908	$2.1m0.68%	0.68%	Reduced -19.1k	-19,078 -50.2%
48	ISHARES TR CORE S&P500 ETF IVV	IVV	4,281	$1.9m0.61%	0.61%	Reduced -4.4k	-4,353 -50.4%
49	INSPERITY INC COM NSP	NSP	14,745	$1.8m0.56%	0.56%	Reduced -15.0k	-14,981 -50.4%
50	OLD REP INTL CORP COM ORI	ORI	67,637	$1.7m0.55%	0.55%	Reduced -60.4k	-60,423 -47.2%
51	SPDR SER TR PORTFOLIO S&P600 SPSM	SPSM	43,175	$1.7m0.54%	0.54%	Reduced -39.8k	-39,798 -48.0%
52	NEWMONT CORP COM NEM	NEM	38,829	$1.7m0.53%	0.53%	Reduced -39.3k	-39,295 -50.3%
53	AMPHENOL CORP CL A APH	APH	15,235	$1.3m0.42%	0.42%	Reduced -15.2k	-15,154 -49.9%
54	ISHARES TR CORE S&P US GWT IUSG	IUSG	13,117	$1.3m0.41%	0.41%	Reduced -12.0k	-11,993 -47.8%
55	MCKESSON CORP COM MCK	MCK	2,867	$1.2m0.39%	0.39%	Reduced -2.9k	-2,892 -50.2%
56	ISHARES TR ISHARES BIOTECH IBB	IBB	8,700	$1.1m0.36%	0.36%	Reduced -8.7k	-8,700 -50.0%
57	VANGUARD WORLD FD MEGA GRWTH IND MGK	MGK	4,277	$1.0m0.32%	0.32%	Reduced -4.2k	-4,222 -49.7%
58	ALPHABET INC CAP STK CL C GOOG	GOOG	7,566	$915.0k0.29%	0.29%	Reduced -8.0k	-8,046 -51.5%
59	TESLA INC COM TSLA	TSLA	3,261	$854.0k0.27%	0.27%	Reduced -375	-375 -10.3%
60	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	2,343	$799.0k0.26%	0.26%	Reduced -2.3k	-2,343 -50.0%
61	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	2,389	$737.0k0.24%	0.24%	Reduced -2.1k	-2,058 -46.3%
62	JOHNSON & JOHNSON COM JNJ	JNJ	4,260	$705.0k0.23%	0.23%	Reduced -3.5k	-3,519 -45.2%
63	NEXTDOOR HOLDINGS INC COM CL A NXDR	NXDR	206,783	$674.0k0.22%	0.22%	Reduced -195.6k	-195,551 -48.6%
64	VANECK MERK GOLD ETF GOLD SHS OUNZ	OUNZ	34,637	$644.0k0.21%	0.21%	Reduced -11.7k	-11,691 -25.2%
65	VANECK ETF TRUST GOLD MINERS ETF GDX	GDX	21,382	$644.0k0.21%	0.21%	Reduced -18.2k	-18,226 -46.0%
66	GOLDMAN SACHS ETF TR EQUAL WEIGHT US GSEW	GSEW	10,234	$640.0k0.21%	0.21%	Reduced -9.5k	-9,546 -48.3%
67	AMERICAN EXPRESS CO COM AXP	AXP	3,637	$634.0k0.20%	0.20%	Reduced -3.7k	-3,742 -50.7%
68	BRIGHTSPIRE CAPITAL INC COM CL A BRSP	BRSP	88,736	$597.0k0.19%	0.19%	Reduced -86.2k	-86,158 -49.3%
69	NEWTEKONE INC COM NEW NEWT	NEWT	36,613	$582.0k0.19%	0.19%	Reduced -35.2k	-35,159 -49.0%
70	ATS CORPORATION COM ATS	ATS	11,574	$533.0k0.17%	0.17%	New
71	WINMARK CORP COM WINA	WINA	1,598	$531.0k0.17%	0.17%	Reduced -1.7k	-1,703 -51.6%
72	STARBUCKS CORP COM SBUX	SBUX	4,821	$478.0k0.15%	0.15%	Reduced -4.8k	-4,810 -49.9%
73	GENERAL DYNAMICS CORP COM GD	GD	2,213	$476.0k0.15%	0.15%	Reduced -2.4k	-2,379 -51.8%
74	UNITED PARCEL SERVICE INC CL B UPS	UPS	2,566	$460.0k0.15%	0.15%	Reduced -2.1k	-2,109 -45.1%
75	GARMIN LTD SHS GRMN	GRMN	4,314	$450.0k0.14%	0.14%	Reduced -3.1k	-3,120 -42.0%
76	HIGHLAND OPPORTUNITIES HIGHLAND INCOME HFRO	HFRO	47,727	$431.0k0.14%	0.14%	Reduced -45.3k	-45,293 -48.7%
77	FIRST AMERN FINL CORP COM FAF	FAF	7,288	$416.0k0.13%	0.13%	Reduced -6.4k	-6,382 -46.7%
78	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	1,016	$414.0k0.13%	0.13%	Reduced -1.7k	-1,685 -62.4%
79	MSC INDL DIRECT INC CL A MSM	MSM	4,237	$404.0k0.13%	0.13%	Reduced -2.8k	-2,841 -40.1%
80	U HAUL HOLDING COMPANY COM UHAL	UHAL	7,192	$398.0k0.13%	0.13%	Reduced -7.2k	-7,238 -50.2%
81	HOME DEPOT INC COM HD	HD	1,204	$374.0k0.12%	0.12%	Reduced -1.2k	-1,203 -50.0%
82	CRANE CO COM COM		4,069	$363.0k0.12%	0.12%	Reduced -4.3k	-4,291 -51.3%
83	COGNIZANT TECHNOLOGY SOLUTIO CL A CTSH	CTSH	5,540	$362.0k0.12%	0.12%	Reduced -4.5k	-4,529 -45.0%
84	INGREDION INC COM INGR	INGR	3,306	$350.0k0.11%	0.11%	Reduced -2.8k	-2,842 -46.2%
85	QUINCE THERAPEUTICS INC COM COM		228,605	$344.0k0.11%	0.11%	New
86	KRAFT HEINZ CO COM KHC	KHC	9,434	$335.0k0.11%	0.11%	Reduced -10.3k	-10,345 -52.3%
87	BLACKROCK INC COM BLK	BLK	474	$328.0k0.11%	0.11%	Reduced -362	-362 -43.3%
88	ELI LILLY & CO COM LLY	LLY	694	$326.0k0.10%	0.10%	Reduced -693	-693 -50.0%
89	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	1,475	$324.0k0.10%	0.10%	Reduced -1.6k	-1,570 -51.6%
90	GLOBE LIFE INC COM GL	GL	2,864	$314.0k0.10%	0.10%	Reduced -3.0k	-2,979 -51.0%
91	CHEVRON CORP NEW COM CVX	CVX	1,929	$304.0k0.10%	0.10%	Reduced -1.9k	-1,924 -49.9%
92	SONIC AUTOMOTIVE INC CL A SAH	SAH	5,976	$285.0k0.09%	0.09%	Reduced -218.9k	-218,909 -97.3%
93	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	635	$281.0k0.09%	0.09%	Reduced -635	-635 -50.0%
94	LKQ CORP COM LKQ	LKQ	4,594	$268.0k0.09%	0.09%	Reduced -5.0k	-5,044 -52.3%
95	CITIGROUP INC COM NEW C	C	5,460	$251.0k0.08%	0.08%	Reduced -5.3k	-5,336 -49.4%
96	FIRST TR NASDAQ 100 TECH IND SHS QTEC	QTEC	1,700	$250.0k0.08%	0.08%	Reduced -1.7k	-1,700 -50.0%
97	CRANE NXT CO COM CXT	CXT	4,100	$231.0k0.07%	0.07%	New
98	KKR & CO INC COM KKR	KKR	3,965	$222.0k0.07%	0.07%	Reduced -4.4k	-4,401 -52.6%
99	TJX COS INC NEW COM TJX	TJX	2,558	$217.0k0.07%	0.07%	Reduced -1.9k	-1,928 -43.0%
100	PROPETRO HLDG CORP COM PUMP	PUMP	26,232	$216.0k0.07%	0.07%	New

Sold out since Q1 2023

Security	Ticker	Shares held before	Value then
ALIBABA GROUP HLDG LTD BABA	BABA	101,454	$10.4m101.5k shares
QUALTRICS INTL INC		535,416	$9.5m535.4k shares
COMPASS MINERALS INTL INC CMP	CMP	267,860	$9.2m267.9k shares
ZURN ELKAY WATER SOLNS CORP ZWS	ZWS	418,706	$8.9m418.7k shares
GRUPO TELEVISA S A B TV	TV	995,027	$5.3m995.0k shares
ORIGIN MATERIALS INC		795,150	$3.4m795.1k shares
DMC GLOBAL INC BOOM	BOOM	42,846	$941.0k42.8k shares
YEXT INC YEXT	YEXT	83,610	$803.0k83.6k shares
ADAMS RES & ENERGY INC AE	AE	19,782	$760.0k19.8k shares
GOLDMAN SACHS GROUP INC GS	GS	1,117	$366.0k1.1k shares
INTERNATIONAL MNY EXPRESS IN IMXI	IMXI	13,250	$342.0k13.2k shares
SPROTT ASSET MANAGEMENT LP CEF	CEF	17,290	$327.0k17.3k shares
EXXON MOBIL CORP XOM	XOM	2,936	$322.0k2.9k shares
PAYCHEX INC PAYX	PAYX	2,739	$314.0k2.7k shares
SPDR SER TR SPSB	SPSB	10,600	$314.0k10.6k shares
PROGRESSIVE CORP PGR	PGR	2,151	$308.0k2.2k shares
BANK AMERICA CORP BAC 7.25 PERP L	BAC 7.25 PERP L	246	$287.0k246 shares
CVB FINL CORP CVBF	CVBF	17,010	$284.0k17.0k shares
ENPHASE ENERGY INC ENPH	ENPH	1,340	$282.0k1.3k shares
EMERSON ELEC CO EMR	EMR	3,239	$282.0k3.2k shares
VANGUARD WORLD FD VGT	VGT	720	$278.0k720 shares
SCHWAB CHARLES CORP SCHW	SCHW	5,282	$277.0k5.3k shares
SERVICENOW INC NOW	NOW	584	$271.0k584 shares
TRAVELERS COMPANIES INC TRV	TRV	1,500	$257.0k1.5k shares
VANGUARD INTL EQUITY INDEX F VT	VT	2,772	$255.0k2.8k shares