Caledonia (Private) Investments Pty Ltd — Quarter-over-Quarter 13F Allocation Shifts Q1 2026
In Q1 2026, Caledonia (Private) Investments Pty Ltd initiated 2 new positions, increased allocation to 3 existing positions, trimmed 6 positions, and exited 2 positions entirely. The fund's 13F equity book declined from $5.22B to $3.44B (-34.1% QoQ) . All deltas are sourced from sequential SEC Form 13F-HR filings; share-count changes reflect explicit trading activity, while weight changes can also include price movement. This page lists every position change reported — the portfolio overview shows a summary of the top shifts.
Net Portfolio Value Change
- $5.22BPrior quarter
- $3.44BCurrent quarter
- $-1.78BNet delta
- -34.1%% change
New Position Initiations Q1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Allocation Weight | History |
|---|---|---|---|
| LIVE NATION ENTERTAINMENT IN | LYV | 2.56% | History → |
| EXXON MOBIL CORP | XOM | 0.01% | Holders → |
Largest Allocation Increases Q1 2026
Largest portfolio-weight increases in existing positions. Share-count delta is shown separately so price-only re-weighting can be distinguished from active adds.
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| ROCKET COMPANIES, INC., CLASS A | RKT | +0.18% | +56.89% | Holders → |
| FLUTTER ENTMT PLC | FLUT | +-4.35% | +18.60% | History → |
| UDEMY INC | UDMY | +0.33% | +1.51% | History → |
Largest Allocation Reductions Q1 2026
Largest portfolio-weight decreases in existing positions (positions kept open at a lower allocation).
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| CAMECO CORP | CCJ | 1.20% | -37.49% | History → |
| COURSERA INC | COUR | 0.24% | -4.92% | History → |
| ROYALTY PHARMA PLC | RPRX | 4.54% | -2.83% | History → |
| APPFOLIO INC | APPF | 0.02% | -1.31% | History → |
| ZILLOW GROUP INC | Z | -2.94% | -0.73% | History → |
| ZILLOW GROUP INC | ZG | -1.20% | -0.14% | History → |
Exited Positions Q1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| TRUECAR INC | SYN_89785L107 | 0.75% |
| BWX TECHNOLOGIES | BWXT | 0.00% |
Methodology & FAQ
How Caledonia (Private) Investments Pty Ltd Quarterly Changes Are Computed
Each row above is computed by joining the most recent 13F-HR filing for Caledonia (Private) Investments Pty Ltd against the immediately preceding quarterly filing for the same fund. Portfolio weights are normalized to exclude listed options for comparability. A complete description of the methodology — including how confidential treatment filings are handled and why share count rather than weight is the cleaner trading signal — is documented in the Methodology.
Which positions did Caledonia (Private) Investments Pty Ltd initiate in Q1 2026?
Caledonia (Private) Investments Pty Ltd established 2 new positions in Q1 2026: LIVE NATION ENTERTAINMENT IN (LYV, 2.56%), EXXON MOBIL CORP (XOM, 0.01%).
Which existing positions saw the largest allocation increases for Caledonia (Private) Investments Pty Ltd in Q1 2026?
The largest portfolio-weight increases in existing positions were: ROCKET COMPANIES, INC., CLASS A (RKT, +0.18% weight, +56.89% shares), FLUTTER ENTMT PLC (FLUT, +-4.35% weight, +18.60% shares), UDEMY INC (UDMY, +0.33% weight, +1.51% shares).
Which positions did Caledonia (Private) Investments Pty Ltd fully exit in Q1 2026?
Caledonia (Private) Investments Pty Ltd fully exited 2 positions in Q1 2026: TRUECAR INC (SYN_89785L107, last-reported weight 0.75%), BWX TECHNOLOGIES (BWXT, last-reported weight 0.00%).
Which existing positions saw the largest allocation reductions for Caledonia (Private) Investments Pty Ltd in Q1 2026?
The largest portfolio-weight reductions in positions kept open were: CAMECO CORP (CCJ, 1.20% weight, -37.49% shares), COURSERA INC (COUR, 0.24% weight, -4.92% shares), ROYALTY PHARMA PLC (RPRX, 4.54% weight, -2.83% shares), APPFOLIO INC (APPF, 0.02% weight, -1.31% shares), ZILLOW GROUP INC (Z, -2.94% weight, -0.73% shares), ZILLOW GROUP INC (ZG, -1.20% weight, -0.14% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity.