1y return−43.4%S&P 500 +20.9%
3y return−20.3%S&P 500 +68.5%
5y return−56.3%S&P 500 +74.5%
10y return−1.1%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $99 against $357 in the S&P 500.2
Caledonia (Private) Investments Pty LtdS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| Flutter Entmt PLCCUSIP G3643J108 | $825.5M | 28.2% | −5.3% |
| ZZillow Group Inc | $759.7M | 25.9% | −6.9% |
| ZGZillow Group Inc | $355.4M | 12.1% | |
| Royalty Pharma PLCCUSIP G7709Q104 | $323.9M | 11.1% | −19.4% |
| CCJCameco Corp | $294.3M | 10.0% | −14.9% |
| COURCoursera Inc | $114.9M | 3.9% | +77.8% |
| LYVLive Nation Entertainment In | $107.2M | 3.7% | +1.5% |
| APPFAppfolio Inc | $46.6M | 1.6% | −11.5% |
| RKTRocket Cos Inc | $46.0M | 1.6% | +182.5% |
| Transocean LtdCUSIP H8817H100 | $27.3M | 0.9% | New |
| FWONKLiberty Media Corp Del | $20.0M | 0.7% | |
| CMECme Group Inc | $4.1M | 0.1% | |
| Genius Sports LimitedCUSIP G3934V109 | $2.9M | 0.1% | |
| James Hardie Inds PLCCUSIP G4253H101 | $885K | 0.0% | −78.5% |
| Exxon Mobil CorpCUSIP 30231G102 | $301K | 0.0% | |
| WFCWells Fargo & Co | $264K | 0.0% | |
| BTSGBrightspring Health Svcs Inc | $216K | 0.0% | New |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| CCJCameco Corp | March 31, 2025 | +147.5% | $294.3M |
| Royalty Pharma PLCCUSIP G7709Q104 | March 31, 2025 | +80.1% | $323.9M |
| FWONKLiberty Media Corp Del | September 30, 2023 | +52.7% | $20.0M |
| James Hardie Inds PLCCUSIP G4253H101 | December 31, 2025 | +26.2% | $885K |
| LYVLive Nation Entertainment In | March 31, 2026 | +20.1% | $107.2M |
| WFCWells Fargo & Co | December 31, 2024 | +17.7% | $264K |
| CMECme Group Inc | December 31, 2024 | −4.9% | $4.1M |
| RKTRocket Cos Inc | December 31, 2025 | −18.6% | $46.0M |
| Exxon Mobil CorpCUSIP 30231G102 | March 31, 2026 | −19.4% | $301K |
| APPFAppfolio Inc | June 30, 2025 | −30.4% | $46.6M |
Sold off last quarter
- Udemy IncCUSIP 902685106 was $63.1M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | −9.2% | +14.8% |
| March 31, 2026 | −33.3% | −4.6% |
| December 31, 2025 | −8.5% | +2.4% |
| September 30, 2025 | +2.2% | +7.8% |
| June 30, 2025 | +14.4% | +10.5% |
| March 31, 2025 | −9.2% | −4.6% |
| December 31, 2024 | +11.7% | +2.1% |
| September 30, 2024 | +28.7% | +5.4% |
| June 30, 2024 | −4.2% | +4.0% |
| March 31, 2024 | −10.7% | +10.0% |
| December 31, 2023 | +20.0% | +11.2% |
| September 30, 2023 | −8.0% | −3.6% |
| June 30, 2023 | +8.4% | +8.3% |
| March 31, 2023 | +23.6% | +7.0% |
| December 31, 2022 | +11.9% | +7.1% |
| September 30, 2022 | −8.7% | −5.3% |
| June 30, 2022 | −27.0% | −16.5% |
| March 31, 2022 | −15.0% | −4.9% |
| December 31, 2021 | −21.3% | +10.7% |
| September 30, 2021 | −18.1% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Caledonia (Private) Investments Pty Ltd Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1352924&type=13F-HR&dateb=&owner=include&count=40CIK 1352924
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1352924/000117266126003659/Filed August 14, 2026 · accession 0001172661-26-003659