KNIGHTSBRIDGE ASSET MANAGEMENT, LLC

NEWPORT BEACH, CA · CIK 1332811 · 13F filing filed 2025-05-16

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)

$389.7m reported value -9.7% vs Q4 2024

125positions

40.9%in top 10

18 new 39 added 63 reduced 10 sold out vs Q4 2024

Holdings, Q1 2025

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	SIMPLIFY EXCHANGE TRADED FUN MBS ETF MTBA	MTBA	571,421	$28.7m7.35%	7.35%	Added +13.7k	+13,678 2.5%
2	SPDR SERIES TRUST PORTFOLIO S&P500 SPYM	SPYM	353,686	$23.3m5.97%	5.97%	Reduced -3.2k	-3,172 -0.9%
3	SPDR INDEX SHS FDS PORTFOLIO DEVLPD SPDW	SPDW	576,824	$21.0m5.39%	5.39%	Reduced -1.1k	-1,074 -0.2%
4	APPLE INC COM AAPL	AAPL	78,273	$17.4m4.46%	4.46%	Added +459	+459 0.6%
5	SPDR INDEX SHS FDS PORTFOLIO EMG MK SPEM	SPEM	425,894	$16.8m4.30%	4.30%	Added +5.8k	+5,758 1.4%
6	KRANESHARES TRUST CALIFORNIA CARB KCCA	KCCA	694,485	$11.6m2.97%	2.97%	Added +37.0k	+36,959 5.6%
7	DIMENSIONAL ETF TRUST US CORE EQUITY 2 DFAC	DFAC	340,856	$11.2m2.89%	2.89%	Reduced -1	-1 0.0%
8	UNITED AIRLS HLDGS INC COM UAL	UAL	146,086	$10.1m2.59%	2.59%	Reduced -1.3k	-1,287 -0.9%
9	ISHARES TR CORE DIV GRWTH DGRO	DGRO	162,985	$10.1m2.58%	2.58%	Added +901	+901 0.6%
10	VISA INC COM CL A V	V	26,339	$9.2m2.37%	2.37%	Reduced -1.7k	-1,703 -6.1%
11	SHARKNINJA INC COM SHS SN	SN	105,411	$8.8m2.26%	2.26%	Reduced -4.4k	-4,419 -4.0%
12	J P MORGAN EXCHANGE TRADED F US QUALTY FCTR JQUA	JQUA	154,157	$8.7m2.23%	2.23%	Reduced -819	-819 -0.5%
13	ALPHABET INC CAP STK CL A GOOGL	GOOGL	55,744	$8.6m2.21%	2.21%	Reduced -3.6k	-3,648 -6.1%
14	AMAZON COM INC COM AMZN	AMZN	42,248	$8.0m2.06%	2.06%	Added +1.6k	+1,632 4.0%
15	FAIR ISAAC CORP COM FICO	FICO	4,304	$7.9m2.04%	2.04%	Reduced -391	-391 -8.3%
16	CHAMPIONX CORPORATION COM CHX	CHX	244,079	$7.3m1.87%	1.87%	Reduced -6.9k	-6,864 -2.7%
17	GENERAL MTRS CO COM GM	GM	141,034	$6.6m1.70%	1.70%	Reduced -907	-907 -0.6%
18	MARVELL TECHNOLOGY INC COM MRVL	MRVL	106,745	$6.6m1.69%	1.69%	Reduced -4.7k	-4,664 -4.2%
19	WELLS FARGO CO NEW PERP PFD CNV A WFC 7.5 PERP L	WFC 7.5 PERP L	5,456	$6.6m1.68%	1.68%	Added +306	+306 5.9%
20	HCA HEALTHCARE INC COM HCA	HCA	17,875	$6.2m1.58%	1.58%	Reduced -484	-484 -2.6%
21	AXALTA COATING SYS LTD COM AXTA	AXTA	184,230	$6.1m1.57%	1.57%	Reduced -13.6k	-13,571 -6.9%
22	COSTCO WHSL CORP NEW COM COST	COST	5,841	$5.5m1.42%	1.42%	Added +25	+25 0.4%
23	ISHARES TR PFD AND INCM SEC PFF	PFF	179,124	$5.5m1.41%	1.41%	Added +68.1k	+68,052 61.3%
24	OSHKOSH CORP COM OSK	OSK	58,288	$5.5m1.41%	1.41%	Added +570	+570 1.0%
25	ISHARES TR RUS MID CAP ETF IWR	IWR	62,269	$5.3m1.36%	1.36%	Reduced -2.2k	-2,231 -3.5%
26	D R HORTON INC COM DHI	DHI	41,614	$5.3m1.36%	1.36%	Reduced -2.6k	-2,571 -5.8%
27	VANECK ETF TRUST GOLD MINERS ETF GDX	GDX	114,112	$5.2m1.35%	1.35%	Reduced -3.8k	-3,840 -3.3%
28	MAGNA INTL INC COM MGA	MGA	147,767	$5.0m1.29%	1.29%	Reduced -9.4k	-9,405 -6.0%
29	TEXTRON INC COM TXT	TXT	68,925	$5.0m1.28%	1.28%	Reduced -1.7k	-1,688 -2.4%
30	ARROW ELECTRS INC COM ARW	ARW	47,577	$4.9m1.27%	1.27%	Reduced -786	-786 -1.6%
31	BANK AMERICA CORP COM BAC	BAC	109,887	$4.6m1.18%	1.18%	Reduced -1.6k	-1,571 -1.4%
32	FIRST CTZNS BANCSHARES INC N CL A FCNCA	FCNCA	2,390	$4.4m1.14%	1.14%	Reduced -710	-710 -22.9%
33	MICROSOFT CORP COM MSFT	MSFT	11,627	$4.4m1.12%	1.12%	Added +836	+836 7.8%
34	NICE LTD SPONSORED ADR NICE	NICE	28,290	$4.4m1.12%	1.12%	Reduced -1.4k	-1,425 -4.8%
35	LENNAR CORP CL A LEN	LEN	37,781	$4.3m1.11%	1.11%	Reduced -3.3k	-3,256 -7.9%
36	WESTERN DIGITAL CORP COM WDC	WDC	96,008	$3.9m1.00%	1.00%	New
37	LOANDEPOT INC COM CL A LDI	LDI	3,105,873	$3.7m0.95%	0.95%	Added +17.8k	+17,763 0.6%
38	RYMAN HOSPITALITY PPTYS INC COM RHP	RHP	39,688	$3.6m0.93%	0.93%	Reduced -3.0k	-2,969 -7.0%
39	U HAUL HOLDING COMPANY COM SER N UHAL.B	UHAL.B	51,645	$3.1m0.78%	0.78%	Reduced -5.8k	-5,781 -10.1%
40	ISHARES TR CORE S&P US GWT IUSG	IUSG	20,524	$2.6m0.67%	0.67%	Reduced -939	-939 -4.4%
41	OLD REP INTL CORP COM ORI	ORI	64,934	$2.5m0.65%	0.65%	Reduced -5.4k	-5,439 -7.7%
42	ISHARES TR CORE S&P500 ETF IVV	IVV	4,277	$2.4m0.62%	0.62%	Reduced -12	-12 -0.3%
43	SPDR SER TR PORTFOLIO S&P600 SPSM	SPSM	55,447	$2.3m0.58%	0.58%	Reduced -2.5k	-2,472 -4.3%
44	MCKESSON CORP COM MCK	MCK	3,299	$2.2m0.57%	0.57%	Added +40	+40 1.2%
45	AMERICAN CENTY ETF TR US EQT ETF AVUS	AVUS	22,309	$2.1m0.53%	0.53%	Reduced -29.4k	-29,424 -56.9%
46	AMPHENOL CORP CL A APH	APH	29,959	$2.0m0.50%	0.50%	Added +978	+978 3.4%
47	ADOBE INC COM ADBE	ADBE	4,670	$1.8m0.46%	0.46%	Added +402	+402 9.4%
48	SCIENCE APPLICATIONS INTL CO COM SAIC	SAIC	14,986	$1.7m0.43%	0.43%	Reduced -2.1k	-2,124 -12.4%
49	NEWMONT CORP COM NEM	NEM	34,037	$1.6m0.42%	0.42%	Reduced -3.8k	-3,806 -10.1%
50	SANDISK CORP COM SNDK	SNDK	32,043	$1.5m0.39%	0.39%	New
51	VANGUARD WORLD FD MEGA GRWTH IND MGK	MGK	4,804	$1.5m0.38%	0.38%	Reduced -17	-17 -0.3%
52	ISHARES TR CORE MSCI EURO IEUR	IEUR	23,491	$1.4m0.36%	0.36%	New
53	AMERICAN CENTY ETF TR AVANTIS US SMALL AVSC	AVSC	29,036	$1.4m0.36%	0.36%	Added +1.4k	+1,370 5.0%
54	ALPHABET INC CAP STK CL C GOOG	GOOG	8,877	$1.4m0.36%	0.36%	Added +619	+619 7.5%
55	FRANKLIN TEMPLETON ETF TR FTSE JAPAN ETF FLJP	FLJP	46,967	$1.4m0.35%	0.35%	Added +2.1k	+2,094 4.7%
56	META PLATFORMS INC CL A META	META	2,289	$1.3m0.34%	0.34%	Added +611	+611 36.4%
57	NVIDIA CORPORATION COM NVDA	NVDA	11,324	$1.2m0.31%	0.31%	Added +4.7k	+4,706 71.1%
58	ISHARES TR CORE MSCI EAFE IEFA	IEFA	16,119	$1.2m0.31%	0.31%	Added +5.0k	+5,002 45.0%
59	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	2,283	$1.2m0.31%	0.31%	Added +79	+79 3.6%
60	INSPERITY INC COM NSP	NSP	12,774	$1.1m0.29%	0.29%	Reduced -473	-473 -3.6%
61	GARMIN LTD SHS GRMN	GRMN	4,750	$1.0m0.26%	0.26%	Added +79	+79 1.7%
62	AMERICAN EXPRESS CO COM AXP	AXP	3,366	$905.6k0.23%	0.23%	Added +345	+345 11.4%
63	ISHARES TR ISHARES BIOTECH IBB	IBB	6,690	$855.7k0.22%	0.22%	Reduced -1.3k	-1,335 -16.6%
64	BROADCOM INC COM AVGO	AVGO	4,982	$834.2k0.21%	0.21%	Added +767	+767 18.2%
65	VANECK MERK GOLD ETF GOLD SHS OUNZ	OUNZ	26,838	$808.9k0.21%	0.21%	Added +1.9k	+1,883 7.5%
66	BERKSHIRE HATHAWAY INC DEL CL A BRK.A	BRK.A	1	$798.4k0.20%	0.20%	New
67	GAMBLING COM GROUP LIMITED ORDINARY SHARES GRSD	GRSD	61,627	$777.7k0.20%	0.20%	Reduced -4.5k	-4,495 -6.8%
68	ELI LILLY & CO COM LLY	LLY	898	$741.5k0.19%	0.19%	Added +85	+85 10.5%
69	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	2,545	$699.5k0.18%	0.18%	Reduced -22	-22 -0.9%
70	CHEGG INC COM CHGG	CHGG	1,069,626	$683.7k0.18%	0.18%	Reduced -206.8k	-206,794 -16.2%
71	BLACKROCK INC COM BLK	BLK	716	$677.9k0.17%	0.17%	Reduced -3	-3 -0.4%
72	TJX COS INC NEW COM TJX	TJX	5,247	$639.0k0.16%	0.16%	Reduced -190	-190 -3.5%
73	PARKER-HANNIFIN CORP COM PH	PH	1,045	$635.4k0.16%	0.16%	Reduced -5	-5 -0.5%
74	INVESCO EXCH TRADED FD TR II NASDAQ BIOTECH IBBQ	IBBQ	29,300	$620.9k0.16%	0.16%	Unchanged
75	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	1,174	$603.2k0.15%	0.15%	Reduced -36	-36 -3.0%
76	HUT 8 CORP COM HUT	HUT	51,231	$595.3k0.15%	0.15%	Reduced -22.1k	-22,069 -30.1%
77	CRANE COMPANY COMMON STOCK CR	CR	3,886	$595.2k0.15%	0.15%	Reduced -15	-15 -0.4%
78	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	1,867	$582.5k0.15%	0.15%	Reduced -126	-126 -6.3%
79	ISHARES BITCOIN TRUST ETF SHS BEN INT IBIT	IBIT	12,357	$578.4k0.15%	0.15%	Unchanged
80	CHEVRON CORP NEW COM CVX	CVX	3,344	$559.5k0.14%	0.14%	Added +1.1k	+1,132 51.2%
81	BITDEER TECHNOLOGIES GROUP CL A ORD SHS BTDR	BTDR	62,396	$551.0k0.14%	0.14%	Reduced -30.1k	-30,117 -32.5%
82	STARBUCKS CORP COM SBUX	SBUX	5,391	$528.8k0.14%	0.14%	Reduced -159	-159 -2.9%
83	GENERAL DYNAMICS CORP COM GD	GD	1,894	$516.4k0.13%	0.13%	Reduced -72	-72 -3.7%
84	FIRST AMERN FINL CORP COM FAF	FAF	7,778	$510.4k0.13%	0.13%	Added +281	+281 3.8%
85	COGNIZANT TECHNOLOGY SOLUTIO CL A CTSH	CTSH	6,565	$502.2k0.13%	0.13%	Reduced -631	-631 -8.8%
86	TESLA INC COM TSLA	TSLA	1,795	$465.2k0.12%	0.12%	Added +331	+331 22.6%
87	GOLDMAN SACHS ETF TR EQUAL WEIGHT US GSEW	GSEW	6,108	$464.5k0.12%	0.12%	Reduced -6.5k	-6,494 -51.5%
88	HOME DEPOT INC COM HD	HD	1,261	$462.1k0.12%	0.12%	Added +560	+560 79.9%
89	JOHNSON & JOHNSON COM JNJ	JNJ	2,696	$447.1k0.11%	0.11%	New
90	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	1,410	$430.9k0.11%	0.11%	Added +11	+11 0.8%
91	WINMARK CORP COM WINA	WINA	1,294	$411.2k0.11%	0.11%	Reduced -48	-48 -3.6%
92	NOVARTIS AG SPONSORED ADR NVS	NVS	3,674	$409.6k0.11%	0.11%	Reduced -177	-177 -4.6%
93	EXXON MOBIL CORP COM XOM	XOM	3,424	$407.2k0.10%	0.10%	Added +988	+988 40.6%
94	GOLDMAN SACHS GROUP INC COM GS	GS	740	$404.3k0.10%	0.10%	Added +226	+226 44.0%
95	U HAUL HOLDING COMPANY COM UHAL	UHAL	6,091	$398.1k0.10%	0.10%	Reduced -293	-293 -4.6%
96	KKR & CO INC COM KKR	KKR	3,421	$395.5k0.10%	0.10%	Reduced -248	-248 -6.8%
97	ABBVIE INC COM ABBV	ABBV	1,810	$379.2k0.10%	0.10%	Added +656	+656 56.9%
98	PROGRESSIVE CORP COM PGR	PGR	1,325	$374.9k0.10%	0.10%	Added +276	+276 26.3%
99	SERVICENOW INC COM NOW	NOW	452	$359.9k0.09%	0.09%	Added +150	+150 49.7%
100	ARES COML REAL ESTATE CORP COM ACRE	ACRE	77,567	$359.1k0.09%	0.09%	Reduced -8.6k	-8,555 -9.9%

Sold out since Q4 2024

Security	Ticker	Shares held before	Value then
ZUORA INC ZUO	ZUO	817,010	$8.1m817.0k shares
F5 INC FFIV	FFIV	18,906	$4.8m18.9k shares
CELESTICA INC CLS	CLS	21,129	$2.0m21.1k shares
BARNES GROUP INC B	B	17,065	$806.5k17.1k shares
PLAYA HOTELS & RESORTS NV PLYA	PLYA	62,381	$789.1k62.4k shares
BRIGHTSPIRE CAPITAL INC BRSP	BRSP	99,587	$561.7k99.6k shares
NORTHROP GRUMMAN CORP NOC	NOC	477	$223.9k477 shares
VANGUARD WORLD FD VGT	VGT	360	$223.8k360 shares
KRANESHARES TR KRBN	KRBN	6,960	$204.0k7.0k shares
CVB FINL CORP CVBF	CVBF	9,525	$203.9k9.5k shares