Vault-13

Crake Asset Management LLP

LONDON, X0 · CIK 1789082 · 13F filing filed 2026-08-10

Exempt reporting adviser since 2019 · limited liability partnership

As an employer

In the UK

CompanyTownStaffPay gap reportFCA register
CRAKE ASSET MANAGEMENT LLP Limited Liability PartnershipFCA: Authorised · manages investments, manages AIFs, advises, deals London Authorisedmanages investments, manages AIFs, advises, deals

Sources: Companies House (accounts filed electronically; the largest groups often file on paper, so their staff numbers can be missing), the UK gender pay gap service (employers with 250+ staff) and the FCA's Financial Services Register. Contains public sector information licensed under the Open Government Licence v3.0.

$4.2bn reported value +46.0% vs Q1 2026
23positions
81.3%in top 10
6 new 9 added 5 reduced 3 sold out vs Q1 2026

Holdings, Q2 2026

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

#SecurityTickerShares Value% of portfolioChangeShares change
1 FREEPORT-MCMORAN INC CL B FCX FCX 9,275,434 $583.3m13.96% 13.96% UnchangedShares held: Q3 2025 9.1m, Q4 2025 9.6m, Q1 2026 9.3m, Q2 2026 9.3m
2 AMAZON COM INC COM AMZN AMZN 2,306,270 $549.7m13.15% 13.15% AddedShares held: Q3 2025 1.7m, Q4 2025 1.7m, Q1 2026 2.1m, Q2 2026 2.3m +203.5k +203,458 9.7%
3 HCA HEALTHCARE INC COM HCA HCA 1,151,792 $449.1m10.75% 10.75% NewShares held: Q3 2025 0, Q4 2025 0, Q1 2026 0, Q2 2026 1.2m
4 SOUTHWEST AIRLS CO COM LUV LUV 7,065,875 $363.3m8.69% 8.69% AddedShares held: Q3 2025 3.2m, Q4 2025 1.4m, Q1 2026 2.9m, Q2 2026 7.1m +4.1m +4,145,899 142.0%
5 MICROSOFT CORP COM MSFT MSFT 965,833 $360.3m8.62% 8.62% ReducedShares held: Q3 2025 736.5k, Q4 2025 1.2m, Q1 2026 1.5m, Q2 2026 965.8k -495.6k -495,591 -33.9%
6 ALPHABET INC CAP STK CL C GOOG GOOG 737,500 $260.6m6.24% 6.24% AddedShares held: Q3 2025 0, Q4 2025 184.5k, Q1 2026 326.5k, Q2 2026 737.5k +411.0k +411,000 125.9%
7 APPLE INC COM AAPL AAPL 890,000 $257.5m6.16% 6.16% NewShares held: Q3 2025 461.4k, Q4 2025 234.1k, Q1 2026 0, Q2 2026 890.0k
8 NVIDIA CORPORATION COM NVDA NVDA 1,174,442 $235.0m5.62% 5.62% ReducedShares held: Q3 2025 1.2m, Q4 2025 1.6m, Q1 2026 1.4m, Q2 2026 1.2m -230.6k -230,558 -16.4%
9 NETFLIX INC COM NFLX NFLX 2,541,660 $181.5m4.34% 4.34% AddedShares held: Q3 2025 0, Q4 2025 120.0k, Q1 2026 667.1k, Q2 2026 2.5m +1.9m +1,874,526 281.0%
10 BROADCOM INC COM AVGO AVGO 421,977 $159.4m3.81% 3.81% ReducedShares held: Q3 2025 0, Q4 2025 0, Q1 2026 752.0k, Q2 2026 422.0k -330.0k -330,000 -43.9%
11 D R HORTON INC COM DHI DHI 822,891 $134.0m3.21% 3.21% AddedShares held: Q3 2025 0, Q4 2025 0, Q1 2026 576.9k, Q2 2026 822.9k +246.0k +246,000 42.6%
12 SPDR SER TR S&P REGL BKG KRE KRE 1,750,000 $131.0m3.13% 3.13% UnchangedShares held: Q3 2025 0, Q4 2025 0, Q1 2026 1.8m, Q2 2026 1.8m
13 BANK AMERICA CORP COM BAC BAC 1,722,061 $98.1m2.35% 2.35% AddedShares held: Q3 2025 1.1m, Q4 2025 1.3m, Q1 2026 1.5m, Q2 2026 1.7m +245.0k +245,000 16.6%
14 T-MOBILE US INC COM TMUS TMUS 544,935 $91.4m2.19% 2.19% AddedShares held: Q3 2025 707.3k, Q4 2025 872.1k, Q1 2026 80.2k, Q2 2026 544.9k +464.8k +464,767 579.7%
15 DISNEY WALT CO COM DIS DIS 769,707 $74.1m1.77% 1.77% AddedShares held: Q3 2025 647.0k, Q4 2025 553.0k, Q1 2026 277.0k, Q2 2026 769.7k +492.7k +492,707 177.9%
16 MICRON TECHNOLOGY INC COM MU MU 63,000 $72.7m1.74% 1.74% ReducedShares held: Q3 2025 0, Q4 2025 0, Q1 2026 192.0k, Q2 2026 63.0k -129.0k -129,000 -67.2%
17 META PLATFORMS INC CL A META META 127,000 $71.5m1.71% 1.71% ReducedShares held: Q3 2025 163.0k, Q4 2025 169.5k, Q1 2026 140.0k, Q2 2026 127.0k -13.0k -13,000 -9.3%
18 CITIGROUP INC COM NEW C C 290,000 $40.6m0.97% 0.97% AddedShares held: Q3 2025 0, Q4 2025 0, Q1 2026 193.0k, Q2 2026 290.0k +97.0k +97,000 50.3%
19 WELLS FARGO CO NEW COM WFC WFC 453,796 $37.5m0.90% 0.90% NewShares held: Q3 2025 0, Q4 2025 0, Q1 2026 0, Q2 2026 453.8k
20 VERIZON COMMUNICATIONS INC COM VZ VZ 265,000 $11.2m0.27% 0.27% NewShares held: Q3 2025 0, Q4 2025 0, Q1 2026 0, Q2 2026 265.0k
21 TENET HEALTHCARE CORP COM NEW THC THC 37,000 $6.9m0.17% 0.17% NewShares held: Q3 2025 0, Q4 2025 0, Q1 2026 0, Q2 2026 37.0k
22 JD.COM INC SPON ADS CL A JD JD 245,000 $6.2m0.15% 0.15% NewShares held: Q3 2025 946.4k, Q4 2025 236.4k, Q1 2026 0, Q2 2026 245.0k
23 PDD HOLDINGS INC SPONSORED ADS PDD PDD 55,000 $4.2m0.10% 0.10% UnchangedShares held: Q3 2025 0, Q4 2025 46.0k, Q1 2026 55.0k, Q2 2026 55.0k

Sold out since Q1 2026

SecurityTickerShares held beforeValue then
UNITEDHEALTH GROUP INC UNH UNH 152,896 $41.4m152.9k shares
JPMORGAN CHASE & CO JPM JPM 129,019 $38.0m129.0k shares
SALESFORCE INC CRM CRM 170,371 $31.8m170.4k shares