KNIGHTSBRIDGE ASSET MANAGEMENT, LLC

NEWPORT BEACH, CA · CIK 1332811 · 13F filing filed 2025-11-14

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)

$591.6m reported value +30.5% vs Q2 2025

175positions

44.2%in top 10

30 new 77 added 55 reduced 7 sold out vs Q2 2025

Holdings, Q3 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	WISDOMTREE TR FLOATNG RAT TREA USFR	USFR	1,388,076	$69.8m11.79%	11.79%	Added +1.2m	+1,237,396 821.2%
2	SPDR INDEX SHS FDS PORTFOLIO DEVLPD SPDW	SPDW	761,501	$32.6m5.51%	5.51%	Added +153.1k	+153,095 25.2%
3	SIMPLIFY EXCHANGE TRADED FUN MBS ETF MTBA	MTBA	592,009	$29.8m5.04%	5.04%	Added +40.6k	+40,634 7.4%
4	SPDR SERIES TRUST PORTFOLIO S&P500 SPYM	SPYM	355,899	$27.9m4.71%	4.71%	Reduced -19.3k	-19,329 -5.2%
5	APPLE INC COM AAPL	AAPL	80,533	$20.5m3.47%	3.47%	Reduced -640	-640 -0.8%
6	SPDR INDEX SHS FDS PORTFOLIO EMG MK SPEM	SPEM	434,347	$20.3m3.44%	3.44%	Reduced -4.4k	-4,402 -1.0%
7	MICROSOFT CORP COM MSFT	MSFT	30,084	$15.6m2.63%	2.63%	Added +772	+772 2.6%
8	UNITED AIRLS HLDGS INC COM UAL	UAL	158,997	$15.3m2.59%	2.59%	Reduced -5.5k	-5,474 -3.3%
9	KRANESHARES TRUST CALIFORNIA CARB KCCA	KCCA	883,929	$15.1m2.55%	2.55%	Reduced -195.1k	-195,148 -18.1%
10	J P MORGAN EXCHANGE TRADED F US QUALTY FCTR JQUA	JQUA	232,175	$14.6m2.47%	2.47%	Added +62.8k	+62,828 37.1%
11	ALPHABET INC CAP STK CL A GOOGL	GOOGL	57,359	$13.9m2.36%	2.36%	Reduced -102	-102 -0.2%
12	WESTERN DIGITAL CORP COM WDC	WDC	107,713	$12.9m2.19%	2.19%	Reduced -3.8k	-3,766 -3.4%
13	ISHARES TR CORE DIV GRWTH DGRO	DGRO	159,498	$10.9m1.84%	1.84%	Reduced -6.3k	-6,328 -3.8%
14	AMAZON COM INC COM AMZN	AMZN	46,736	$10.3m1.73%	1.73%	Added +1.3k	+1,332 2.9%
15	CENTENE CORP DEL COM CNC	CNC	277,791	$9.9m1.68%	1.68%	New
16	SILICON MOTION TECHNOLOGY CO SPONSORED ADR SIMO	SIMO	101,105	$9.6m1.62%	1.62%	Reduced -1.9k	-1,902 -1.9%
17	MARVELL TECHNOLOGY INC COM MRVL	MRVL	107,022	$9.0m1.52%	1.52%	Reduced -6.5k	-6,511 -5.7%
18	VISA INC COM CL A V	V	25,676	$8.8m1.48%	1.48%	Reduced -292	-292 -1.1%
19	LOANDEPOT INC COM CL A LDI	LDI	2,757,728	$8.5m1.43%	1.43%	Reduced -464.6k	-464,565 -14.4%
20	OSHKOSH CORP COM OSK	OSK	61,947	$8.0m1.36%	1.36%	Reduced -2.4k	-2,448 -3.8%
21	GARTNER INC COM IT	IT	29,378	$7.7m1.31%	1.31%	New
22	HCA HEALTHCARE INC COM HCA	HCA	18,037	$7.7m1.30%	1.30%	Added +137	+137 0.8%
23	INSPERITY INC COM NSP	NSP	152,546	$7.5m1.27%	1.27%	Added +139.8k	+139,816 1098.3%
24	VANGUARD WORLD FD MEGA GRWTH IND MGK	MGK	17,997	$7.2m1.22%	1.22%	Added +11.2k	+11,167 163.5%
25	D R HORTON INC COM DHI	DHI	40,287	$6.8m1.15%	1.15%	Reduced -1.4k	-1,414 -3.4%
26	CORPAY INC COM SHS CPAY	CPAY	22,630	$6.5m1.10%	1.10%	New
27	MAGNA INTL INC COM MGA	MGA	135,163	$6.4m1.08%	1.08%	Reduced -7.6k	-7,608 -5.3%
28	FAIR ISAAC CORP COM FICO	FICO	4,229	$6.3m1.07%	1.07%	Reduced -12	-12 -0.3%
29	AMCOR PLC ORD AMCR	AMCR	731,875	$6.0m1.01%	1.01%	Reduced -38.1k	-38,057 -4.9%
30	COSTCO WHSL CORP NEW COM COST	COST	6,332	$5.9m0.99%	0.99%	Reduced -127	-127 -2.0%
31	TEXTRON INC COM TXT	TXT	69,323	$5.9m0.99%	0.99%	Reduced -3.5k	-3,502 -4.8%
32	ARROW ELECTRS INC COM ARW	ARW	48,287	$5.8m0.99%	0.99%	Reduced -1.4k	-1,396 -2.8%
33	ISHARES TR PFD AND INCM SEC PFF	PFF	182,289	$5.8m0.97%	0.97%	Added +7.2k	+7,235 4.1%
34	BANK AMERICA CORP COM BAC	BAC	108,702	$5.6m0.95%	0.95%	Reduced -856	-856 -0.8%
35	DIMENSIONAL ETF TRUST US CORE EQUITY 2 DFAC	DFAC	129,530	$5.0m0.84%	0.84%	Reduced -200.4k	-200,409 -60.7%
36	WELLS FARGO CO NEW PERP PFD CNV A WFC 7.5 PERP L	WFC 7.5 PERP L	4,019	$5.0m0.84%	0.84%	Reduced -1.8k	-1,777 -30.7%
37	ISHARES TR CORE S&P US GWT IUSG	IUSG	29,689	$4.9m0.83%	0.83%	Added +6.9k	+6,915 30.4%
38	ISHARES TR ISHS 5-10YR INVT IGIB	IGIB	88,186	$4.8m0.81%	0.81%	Added +82.8k	+82,761 1525.5%
39	SANDISK CORP COM SNDK	SNDK	38,593	$4.3m0.73%	0.73%	Added +285	+285 0.7%
40	FIRST CTZNS BANCSHARES INC N CL A FCNCA	FCNCA	2,337	$4.2m0.71%	0.71%	Reduced -23	-23 -1.0%
41	SPDR SER TR PORTFOLIO S&P600 SPSM	SPSM	89,770	$4.2m0.70%	0.70%	Added +27.1k	+27,097 43.2%
42	NICE LTD SPONSORED ADR NICE	NICE	28,533	$4.1m0.70%	0.70%	Reduced -1.7k	-1,701 -5.6%
43	AMPHENOL CORP CL A APH	APH	30,891	$3.8m0.65%	0.65%	Added +1.3k	+1,259 4.2%
44	RYMAN HOSPITALITY PPTYS INC COM RHP	RHP	38,107	$3.4m0.58%	0.58%	Reduced -1.3k	-1,347 -3.4%
45	ISHARES TR CORE S&P500 ETF IVV	IVV	4,913	$3.3m0.56%	0.56%	Added +398	+398 8.8%
46	ISHARES TR RUS MID CAP ETF IWR	IWR	31,482	$3.0m0.51%	0.51%	Reduced -30.1k	-30,073 -48.9%
47	NEWMONT CORP COM NEM	NEM	35,868	$3.0m0.51%	0.51%	Added +1.7k	+1,729 5.1%
48	OLD REP INTL CORP COM ORI	ORI	65,707	$2.8m0.47%	0.47%	Added +616	+616 0.9%
49	NVIDIA CORPORATION COM NVDA	NVDA	14,820	$2.8m0.47%	0.47%	Added +1.1k	+1,112 8.1%
50	U HAUL HOLDING COMPANY COM SER N UHAL.B	UHAL.B	50,837	$2.6m0.44%	0.44%	Reduced -512	-512 -1.0%
51	VANGUARD INDEX FDS MID CAP ETF VO	VO	8,661	$2.5m0.43%	0.43%	Added +7.4k	+7,387 579.8%
52	MCKESSON CORP COM MCK	MCK	3,171	$2.4m0.41%	0.41%	Reduced -102	-102 -3.1%
53	ISHARES TR MSCI JP VALUE EWJV	EWJV	59,654	$2.3m0.39%	0.39%	Added +7.0k	+6,970 13.2%
54	ALPHABET INC CAP STK CL C GOOG	GOOG	9,508	$2.3m0.39%	0.39%	Added +459	+459 5.1%
55	VANECK ETF TRUST GOLD MINERS ETF GDX	GDX	29,560	$2.3m0.38%	0.38%	Reduced -1.8k	-1,831 -5.8%
56	ISHARES TR CORE MSCI EURO IEUR	IEUR	31,299	$2.1m0.36%	0.36%	Added +2.0k	+1,979 6.8%
57	NAVIENT CORPORATION COM NAVI	NAVI	160,144	$2.1m0.36%	0.36%	New
58	ISHARES TR CORE MSCI EAFE IEFA	IEFA	23,481	$2.1m0.35%	0.35%	Reduced -6	-6 -0.0%
59	META PLATFORMS INC CL A META	META	2,704	$2.0m0.34%	0.34%	Added +133	+133 5.2%
60	BROADCOM INC COM AVGO	AVGO	5,689	$1.9m0.32%	0.32%	Added +271	+271 5.0%
61	ADOBE INC COM ADBE	ADBE	4,977	$1.8m0.30%	0.30%	Added +353	+353 7.6%
62	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	3,158	$1.6m0.27%	0.27%	Added +456	+456 16.9%
63	SCIENCE APPLICATIONS INTL CO COM SAIC	SAIC	14,918	$1.5m0.25%	0.25%	Reduced -116	-116 -0.8%
64	AMERICAN EXPRESS CO COM AXP	AXP	3,989	$1.3m0.22%	0.22%	Added +494	+494 14.1%
65	GARMIN LTD SHS GRMN	GRMN	4,977	$1.2m0.21%	0.21%	Added +124	+124 2.6%
66	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	1,948	$1.2m0.20%	0.20%	Added +817	+817 72.2%
67	ELI LILLY & CO COM LLY	LLY	1,554	$1.2m0.20%	0.20%	Added +77	+77 5.2%
68	BLACKROCK INC COM BLK	BLK	959	$1.1m0.19%	0.19%	Added +219	+219 29.6%
69	AMERICAN CENTY ETF TR US EQT ETF AVUS	AVUS	9,782	$1.1m0.18%	0.18%	Reduced -636	-636 -6.1%
70	TESLA INC COM TSLA	TSLA	2,386	$1.1m0.18%	0.18%	Added +169	+169 7.6%
71	ISHARES TR ISHARES BIOTECH IBB	IBB	6,750	$974.5k0.16%	0.16%	Reduced -390	-390 -5.5%
72	VANECK MERK GOLD ETF GOLD SHS OUNZ	OUNZ	23,331	$867.7k0.15%	0.15%	Reduced -255	-255 -1.1%
73	ABBVIE INC COM ABBV	ABBV	3,674	$850.7k0.14%	0.14%	Added +867	+867 30.9%
74	GENERAL DYNAMICS CORP COM GD	GD	2,374	$809.4k0.14%	0.14%	Added +225	+225 10.5%
75	JPMORGAN CHASE & CO COM JPM	JPM	2,555	$805.9k0.14%	0.14%	Added +695	+695 37.4%
76	PARKER-HANNIFIN CORP COM PH	PH	1,044	$791.7k0.13%	0.13%	Unchanged
77	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	2,408	$790.1k0.13%	0.13%	Added +503	+503 26.4%
78	BERKSHIRE HATHAWAY INC DEL CL A BRK.A	BRK.A	1	$754.2k0.13%	0.13%	Unchanged
79	TJX COS INC NEW COM TJX	TJX	5,050	$729.9k0.12%	0.12%	Added +23	+23 0.5%
80	CRANE COMPANY COMMON STOCK CR	CR	3,948	$726.9k0.12%	0.12%	Added +67	+67 1.7%
81	WALMART INC COM WMT	WMT	6,977	$719.1k0.12%	0.12%	Added +2.9k	+2,939 72.8%
82	INVESCO EXCH TRADED FD TR II NASDAQ BIOTECH IBBQ	IBBQ	29,300	$712.4k0.12%	0.12%	Unchanged
83	JOHNSON & JOHNSON COM JNJ	JNJ	3,811	$706.7k0.12%	0.12%	Added +268	+268 7.6%
84	GOLDMAN SACHS GROUP INC COM GS	GS	867	$690.6k0.12%	0.12%	Added +107	+107 14.1%
85	CHEVRON CORP NEW COM CVX	CVX	3,958	$614.6k0.10%	0.10%	Added +319	+319 8.8%
86	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	2,488	$613.6k0.10%	0.10%	Added +310	+310 14.2%
87	HOME DEPOT INC COM HD	HD	1,494	$605.4k0.10%	0.10%	Added +95	+95 6.8%
88	GE AEROSPACE COM NEW GE	GE	1,993	$599.5k0.10%	0.10%	Added +284	+284 16.6%
89	PROGRESSIVE CORP COM PGR	PGR	2,397	$591.9k0.10%	0.10%	Added +683	+683 39.9%
90	WINMARK CORP COM WINA	WINA	1,155	$574.9k0.10%	0.10%	Reduced -22	-22 -1.9%
91	PROCTER AND GAMBLE CO COM PG	PG	3,624	$556.8k0.09%	0.09%	Added +1.9k	+1,900 110.2%
92	ROSS STORES INC COM ROST	ROST	3,600	$548.6k0.09%	0.09%	Added +1.1k	+1,089 43.4%
93	NOVARTIS AG SPONSORED ADR NVS	NVS	4,105	$526.5k0.09%	0.09%	Reduced -145	-145 -3.4%
94	ORACLE CORP COM ORCL	ORCL	1,788	$502.9k0.08%	0.08%	Added +505	+505 39.4%
95	GAMBLING COM GROUP LIMITED ORDINARY SHARES GRSD	GRSD	60,330	$493.5k0.08%	0.08%	Reduced -1.7k	-1,716 -2.8%
96	ISHARES TR MSCI USA QLT FCT QUAL	QUAL	2,510	$488.2k0.08%	0.08%	Added +1.4k	+1,375 121.2%
97	ROBLOX CORP CL A RBLX	RBLX	3,521	$487.7k0.08%	0.08%	Added +599	+599 20.5%
98	FIRST AMERN FINL CORP COM FAF	FAF	7,515	$482.7k0.08%	0.08%	Added +73	+73 1.0%
99	EXXON MOBIL CORP COM XOM	XOM	4,065	$458.3k0.08%	0.08%	Added +364	+364 9.8%
100	MAGNERA CORP COM SHS MAGN	MAGN	38,719	$453.8k0.08%	0.08%	Added +1.4k	+1,441 3.9%

Sold out since Q2 2025

Security	Ticker	Shares held before	Value then
AIR LEASE CORP AL	AL	124,683	$7.3m124.7k shares
CHAMPIONX CORPORATION CHX	CHX	262,074	$6.5m262.1k shares
FRANKLIN TEMPLETON ETF TR FLJP	FLJP	51,415	$1.7m51.4k shares
AMERICAN CENTY ETF TR AVSC	AVSC	30,550	$1.6m30.6k shares
VANGUARD STAR FDS VXUS	VXUS	10,200	$704.7k10.2k shares
AMDOCS LTD DOX	DOX	2,758	$251.6k2.8k shares
FIRST TR EXCHNG TRADED FD VI FIXD	FIXD	5,490	$240.9k5.5k shares