NPORT-P
false
0001316506
XXXXXXXX
S000011372
C000031492
Clipper Funds Trust
811-21758
0001316506
254900AYOHWE7WX9SV13
2949 E. Elvira Road
Suite 101
Tucson
85756
520-806-7600
Clipper Fund
S000011372
254900FA2WKYT36YJT03
2026-12-31
2026-06-30
N
1477285504.110000000000
1160499.160000000000
1476125004.950000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
198.190000000000
N
AGCO CORP
LYOM0B2GCF1JWXK5ZG04
AGCO CORP COMMON STOCK USD.01
001084102
116310
NS
USD
13922307
0.9431687691
Long
EC
CORP
US
N
1
N
N
N
ALPHABET INC CL A
5493006MHB84DD0ZWV18
ALPHABET INC CL A
02079K305
319985
NS
USD
114353039.45
7.7468637537
Long
EC
CORP
US
N
1
N
N
N
AMAZON.COM INC
ZXTILKJKG63JELOEG630
AMAZON.COM INC
023135106
248227
NS
USD
59162423.18
4.0079672033
Long
EC
CORP
US
N
1
N
N
N
APPLIED MATERIALS INC
41BNNE1AFPNAZELZ6K07
APPLIED MATERIALS INC
038222105
34550
NS
USD
24979650
1.6922501238
Long
EC
CORP
US
N
1
N
N
N
ASAC II LP UNIT SEALED
N/A
ASAC II LP UNIT SEALED
ACI06TW75
407313.049
NS
USD
440916.38
0.0298699461
Long
EC
CORP
US
Y
3
N
N
N
BERKSHIRE HATHAWAY INC CL A
5493000C01ZX7D35SD85
BERKSHIRE HATHAWAY INC CL A
084670108
94
NS
USD
70391900
4.7687097893
Long
EC
CORP
US
N
1
N
N
N
BREAN REPO
254900ZZA1UBVDCNQ378
BREAN REPO
ARP1JF6V4
15134000
PA
USD
15134000
1.0252550926
Long
RA
USGA
US
N
2
2026-07-01
Fixed
3.67
N
N
N
Repurchase
Y
3.67
2026-07-01
1418358.48
USD
1463070.2299056493
USD
ADAS
44353843.253327996
USD
13973609.821471043
USD
AMBS
N
N
N
CAPITAL ONE FINANCIAL CORP
ZUE8T73ROZOF6FLBAR73
CAPITAL ONE FINANCIAL CORP
14040H105
512028
NS
USD
102723057.36
6.9589888783
Long
EC
CORP
US
N
1
N
N
N
CONOCOPHILLIPS
WPTL2Z3FIYTHSP5V2253
CONOCOPHILLIPS COMMON STOCK USD.01
20825C104
159800
NS
USD
16612808
1.1254371616
Long
EC
CORP
US
N
1
N
N
N
CVS HEALTH CORP
549300EJG376EN5NQE29
CVS HEALTH CORP COMMON STOCK USD.01
126650100
781360
NS
USD
80831692
5.4759550592
Long
EC
CORP
US
N
1
N
N
N
DEVON ENERGY CORP
54930042348RKR3ZPN35
DEVON ENERGY CORP
25179M103
1595909
NS
USD
65942959.88
4.4673156758
Long
EC
CORP
US
N
1
N
N
N
DIDI GLOBAL INC
8368006Y2DHY77ADSY31
DIDI GLOBAL INC ADR USD.00002
23292E108
3362202
NS
USD
11263376.7
0.7630391385
Long
EC
CORP
US
N
1
N
N
N
LYONDELLBASELL INDU CL A
BN6WCCZ8OVP3ITUUVN49
LYONDELLBASELL INDU CL A
N53745100
564140
NS
USD
29701971
2.0121644659
Long
EC
CORP
GB
N
1
N
N
N
MARKEL GROUP INC
549300SCNO12JLWIK605
MARKEL CORP
570535104
44677
NS
USD
87254627.77
5.9110778032
Long
EC
CORP
US
N
1
N
N
N
META PLATFORMS INC CLASS A
BQ4BKCS1HXDV9HN80Z93
META PLATFORMS INC CLASS A
30303M102
132060
NS
USD
74388077.4
5.0394314247
Long
EC
CORP
US
N
1
N
N
N
MGM RESORTS INTERNATIONAL
54930066VBP7DZEGGJ87
MGM RESORTS INTERNATIONAL COMMON STOCK USD.01
552953101
1575447
NS
USD
75322121.07
5.1027083528
Long
EC
CORP
US
N
1
N
N
N
NASPERS LTD N SHS
21380044BQ8812EEKT59
NASPERS LTD N SHS COMMON STOCK ZAR.02
ACI30CJZ5
460800
NS
23138508.83
1.5675217400
Long
EC
CORP
ZA
N
2
N
N
N
Nomura Repo
OXTKY6Q8X53C9ILVV871
Nomura Repo
ARP1JF6U6
24214000
PA
USD
24214000
1.6403810501
Long
RA
USGA
US
N
2
2026-07-01
Fixed
3.64
N
N
N
Repurchase
Y
3.64
2026-07-01
12375000
USD
10509654.375
USD
ADAS
15508529
USD
14193821.835492527
USD
AMBS
N
N
N
OWENS CORNING
JO5M6676RDJIZ2U8X907
OWENS CORNING COMMON STOCK USD.001
690742101
78250
NS
USD
12438620
0.8426561715
Long
EC
CORP
US
N
1
N
N
N
PING AN INSURANCE GROUP CO H
529900M9MC28JLN35U89
PING AN INSURANCE GROUP CO H COMMON STOCK CNY1.0
B01FLR903
3280000
NS
21447204.37
1.4529440665
Long
EC
CORP
CN
N
2
N
N
N
PINTEREST INC CLASS A
529900Y043CEBGO4HB65
PINTEREST INC CLASS A COMMON STOCK USD.00001
72352L106
812530
NS
USD
17087505.9
1.1575956418
Long
EC
CORP
US
N
1
N
N
N
SAMSUNG ELECTRONICS CO LTD
9884007ER46L6N7EI764
SAMSUNG ELECTRONICS CO LTD COMMON STOCK KRW100.0
677172009
293600
NS
65148992.53
4.4135282389
Long
EC
CORP
KR
N
2
N
N
N
SAP SE
529900D6BF99LW9R2E68
SAP SE
484628904
136340
NS
21016558.08
1.4237698692
Long
EC
CORP
DE
N
2
N
N
N
SOLVENTUM CORP
254900I70403OSGY4M28
SOLVENTUM CORP COMMON STOCK
83444M101
295500
NS
USD
22797825
1.5444420630
Long
EC
CORP
US
N
1
N
N
N
STONEX REPO
549300LNKU6K5TJCRG93
STONEX REPO
ARP1JF6W2
56128000
PA
USD
56128000
3.8023997513
Long
RA
USGA
US
N
2
2026-07-01
Fixed
3.67
N
N
N
Repurchase
Y
3.67
2026-07-01
66559584.047145
USD
57236250.311741166
USD
ADAS
5941326.491670461
USD
14278.045657289073
USD
AMBS
48.428895297794824
USD
41.79350706635806
USD
UST
N
N
N
TECK RESOURCES LTD CLS B
T8KI5SQ2JRWHL7XY0E11
TECK RESOURCES LTD CLS B COMMON STOCK
878742204
352869
NS
USD
20981590.74
1.4214010015
Long
EC
CORP
CA
N
1
N
N
N
TEXAS INSTRUMENTS INC
WDJNR2L6D8RWOEB8T652
TEXAS INSTRUMENTS INC COMMON STOCK USD1.0
882508104
78212
NS
USD
23312650.84
1.5793190165
Long
EC
CORP
US
N
1
N
N
N
CIGNA GROUP
549300VIWYMSIGT1U456
CIGNA CORP COMMON STOCK USD.01
125523100
129690
NS
USD
35752939.2
2.4220882113
Long
EC
CORP
US
N
1
N
N
N
TOURMALINE OIL CORP
894500I7AXG91VB3PM28
TOURMALINE OIL CORP COMMON STOCK
89156V957
553770
NS
23154282.39
1.5685903222
Long
EC
CORP
CA
N
1
N
N
N
TRIP.COM GROUP LTD ADR
2549004RMYDSRQL4KW41
TRIP.COM GROUP LTD ADR ADR USD.01
89677Q107
383280
NS
USD
15269875.2
1.0344599783
Long
EC
CORP
US
N
1
N
N
N
TYSON FOODS INC CL A
WD6L6041MNRW1JE49D58
TYSON FOODS INC CL A COMMON STOCK USD.1
902494103
865990
NS
USD
49577927.5
3.3586641106
Long
EC
CORP
US
N
1
N
N
N
UNITEDHEALTH GROUP INC
549300GHBMY8T5GXDE41
UNITEDHEALTH GROUP INC COMMON STOCK USD.01
91324P102
73910
NS
USD
30719213.3
2.0810776976
Long
EC
CORP
US
N
1
N
N
N
US BANCORP
N1GZ7BBF3NP8GI976H15
US BANCORP
902973304
1420850
NS
USD
85819340
5.8138440186
Long
EC
CORP
US
N
1
N
N
N
VIATRIS INC
254900ZZTSW7NL773X71
VIATRIS INC COMMON STOCK
92556V106
3314190
NS
USD
52629337.2
3.5653823169
Long
EC
CORP
US
N
1
N
N
N
WELLS FARGO + CO
PBLD0EJDB5FWOLXP3B76
WELLS FARGO + CO
949746101
381510
NS
USD
31527986.4
2.1358681522
Long
EC
CORP
US
N
1
N
N
N
2026-07-24
Clipper Funds Trust
Doug A. Haines
Doug A. Haines
Treasurer