Rothschild & Co Wealth Management UK Ltd
"13F equity value" = market value of this filer's US-listed long equity positions only. It excludes cash, bonds, non-US and short positions, so it understates a fund's true assets under management — often by a lot.
13F holdings are disclosed ~45 days after quarter-end, and they never reveal when within the quarter a fund actually bought. So any 13F-based summary is structurally late and blurred — this applies to every fund, including this one.
We backtested copying it anyway. Buying this fund's new positions the day each filing went public, over 15 quarters, returned +1.1% per quarter — versus +1.4% per quarter from simply owning every 13F stock. It beat that baseline in only 40.0% of quarters (excess t = 1.44, not statistically significant). Its filings tell you what it bought — not what you should buy.
Quarterly compounding, invested quarters only · entry 47 days after quarter-end (when 13F data becomes public)
Top 20 holdings of 25 · 2026 Q1
| Ticker | Value | Weight | QoQ |
|---|---|---|---|
| AXP | $860M | | TRIM |
| BKNG | $724M | | ADD |
| BRK/B | $703M | | HOLD |
| MA | $676M | | TRIM |
| DE | $673M | | HOLD |
| SPGI | $571M | | ADD |
| SUNB | $534M | | NEW |
| MCO | $484M | | HOLD |
| CP | $414M | | HOLD |
| CMCSA | $330M | | HOLD |
| TXN | $260M | | HOLD |
| CHTR | $122M | | HOLD |
| LBRDK | $47M | | HOLD |
| CABO | $26M | | TRIM |
| V | $23M | | ADD |
| W | $22M | | ADD |
| VSNT | $17M | | NEW |
| EWU | $11M | | TRIM |
| GLIBK | $9M | | HOLD |
| CNI | $8M | | ADD |
QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.
New positions in 2026 Q1
None.
Method & Limitations
Method: a "new position" = held this quarter, absent last quarter (options excluded; stocks with <50 prior holders excluded to filter spin-off artifacts). Entry 47 days after quarter-end — the first day the public could act on the filing. Benchmark = equal-weighted universe of all 13F-held stocks. Limitations: quarterly snapshots can't see intra-quarter trades; survivorship bias — funds that shut down are absent, which flatters the sample. Statistics, not advice.