Orbis Investment Management (U.S.), L.P.
- Regulatory AUM
- $405M
- Discretionary
- $405M
- Clients
- 2
- Avg AUM / client
- $203M
- Accounts
- 1
- Employees
- 18
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 25, 2026
Investments (13F portfolio — 25 positions, $99,747)
13F period Dec 31, 2018| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Abbvie Inc | COM | $12,945 | 140,412 | 13.0% | 0.0% |
| 2 | Xpo Logistics Inc | COM | $10,699 | 187,566 | 10.7% | 0.0% |
| 3 | Celgene Corp | COM | $8,815 | 137,538 | 8.84% | 0.0% |
| 4 | Arconic Inc | COM | $7,052 | 418,272 | 7.07% | 0.0% |
| 5 | Facebook Inc | CL A | $5,553 | 42,364 | 5.57% | 0.0% |
| 6 | Wells Fargo Co New | COM | $5,476 | 118,847 | 5.49% | 0.0% |
| 7 | Dollar Gen Corp New | COM | $5,066 | 46,874 | 5.08% | 0.0% |
| 8 | Spdr Gold Trust | GOLD SHS | $4,993 | 41,177 | 5.01% | 0.0% |
| 9 | Citigroup Inc | COM NEW | $4,950 | 95,090 | 4.96% | 0.0% |
| 10 | Bristol Myers Squibb Co | COM | $4,666 | 89,763 | 4.68% | 0.0% |
| 11 | Chubb Limited | COM | $4,333 | 33,543 | 4.34% | 0.0% |
| 12 | Berry Global Group Inc | COM | $4,276 | 89,956 | 4.29% | 0.0% |
| 13 | Nike Inc | CL B | $4,092 | 55,195 | 4.1% | 0.0% |
| 14 | Apache Corp | COM | $3,864 | 147,202 | 3.87% | 0.0% |
| 15 | Centennial Resource Dev Inc | CL A | $2,871 | 260,512 | 2.88% | 0.0% |
| 16 | Schlumberger Ltd | COM | $1,576 | 43,686 | 1.58% | 0.0% |
| 17 | Motorola Solutions Inc | COM NEW | $1,480 | 12,861 | 1.48% | 0.0% |
| 18 | Nxp Semiconductors N V | COM | $1,132 | 15,445 | 1.13% | 0.0% |
| 19 | Disney Walt Co | COM DISNEY | $1,119 | 10,204 | 1.12% | 0.0% |
| 20 | Alta Mesa Res Inc | CL A | $1,114 | 1,113,880 | 1.12% | 0.0% |
| 21 | Symantec Corp | COM | $1,109 | 58,668 | 1.11% | 0.0% |
| 22 | Dxc Technology Co | COM | $1,046 | 19,678 | 1.05% | 0.0% |
| 23 | Qorvo Inc | COM | $957 | 15,764 | 0.96% | 0.0% |
| 24 | Liberty Latin America Ltd | COM CL C | $530 | 36,388 | 0.53% | 0.0% |
| 25 | Alta Mesa Res Inc | *W EXP 03/28/202 | $33 | 394,578 | 0.03% | 0.0% |
Top 25 of 25 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 1 | $405M | 100.0% |
| Other investment advisers | 1 | $0 | — |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $196M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Orbis Institutional U.S. Equity L.P. | Hedge Fund | Delaware | $196M | 4 |
People (4)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Hall, Martin, Anthony | Trustee Of Buchanan Friendship Trust | Dec 2018 (8y) | Less than 5% | |
| Gaarder Wang, Stephen, M | Chief Compliance Officer, Secretary, And Legal Counsel | Jan 2019 (8y) | Less than 5% | |
| Karr, Adam, Ray | Managing Partner | Jan 2019 (8y) | Less than 5% | |
| Mc Morrow, Melissa, Sampson | Trustee Of Allan & Gill Gray Philanthropy Trust | Jan 2019 (8y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Allan & Gill Gray Philanthropy Trust | Limited Partner | Jan 2019 | A | 50% – 75% |
| Orbis Holdings U.S. I, L.P. | Limited Partner | Jan 2019 | A | 10% – 25% |
| Buchanan Friendship Trust | Limited Partner | Jan 2019 | A | 5% – 10% |
| Orbis U.S. Partner, Llc | General Partner | Jan 2019 | A | Less than 5% |
| Orbis Holdings Limited | Member | Nov 2018 | B | ≈ 0% – 5% via Orbis U.S. Partner, Llc |
| Allan & Gill Gray Foundation | Shareholder | Jul 2015 | B | ≈ 0% – 3.75% via Orbis Allan Gray Limited |
| Orbis Allan Gray Limited | Shareholder | Jul 2015 | B | ≈ 0% – 3.75% via Orbis Holdings Limited |
| Orbis Holdings U.S. Ii, L.P. | Limited Partner | Jan 2019 | B | ≈ 5% – 18.75% via Orbis Holdings U.S. I, L.P. |
| Orbis Holdings U.S. Partner, Llc | General Partner | Jan 2019 | B | GP / trustee / elected manager of Orbis Holdings U.S. I, L.P. (indirect) |
Undisclosed: 0% – 35% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Orbis Holdings Limited: 75% – 100% of Orbis U.S. Partner, Llc × 0% – 5% direct ≈ 0% – 5% of the firm
- Allan & Gill Gray Foundation: 75% – 100% of Orbis Allan Gray Limited × 50% – 75% of Orbis Holdings Limited × 75% – 100% of Orbis U.S. Partner, Llc × 0% – 5% direct ≈ 0% – 3.75% of the firm
- Orbis Allan Gray Limited: 50% – 75% of Orbis Holdings Limited × 75% – 100% of Orbis U.S. Partner, Llc × 0% – 5% direct ≈ 0% – 3.75% of the firm
- Orbis Holdings U.S. Ii, L.P.: 50% – 75% of Orbis Holdings U.S. I, L.P. × 10% – 25% direct ≈ 5% – 18.75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (1, $196M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Orbis Institutional U.S. Equity L.P. | Hedge Fund | $196M | $1.0M | 4 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/25/2026 | 2.24 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
- • Other services
Custody
Firm reports it does not have custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 25, 2026.
View current Form ADV (SEC/IAPD) ↗