Spheria Asset Management
Spheria Australian Smaller Companies Fund
Small-cap
Jun 2026 → Oct 2026
Our archive holds 6 letters from this strategy, behind 1 investment thesis and positions in 27 companies. Every quote below is copied verbatim from the letter it came from.
6 letters in a year · follow all of Spheria Asset Management for every strategy.
Performance
as of Oct 31, 2026 · net of fees · AUD
- 1Y−12.3%index −14.4%
- 3Y · /yr+13.2%index +10.0%
- 5Y · /yr+2.7%index +0.6%
- 10Y · /yr+8.4%index +5.9%
- Inception · /yr+8.2%index +5.6%
Index: S&P/ASX Small Ordinaries Accumulation Index
| 1Y | 3Yper year | 5Yper year | 10Yper year | Since inceptionper year | |
|---|---|---|---|---|---|
| Spheria Australian Smaller Companies Fund | −12.3% | +13.2% | +2.7% | +8.4% | +8.2% |
| S&P/ASX Small Ordinaries Accumulation Index | −14.4% | +10.0% | +0.6% | +5.9% | +5.6% |
Disclaimer
These figures are copied from the manager’s latest letter, as of Oct 31, 2026. They were extracted automatically, have not been verified by HF Best Ideas and may contain errors. They cover a single share class, in the currency and fee basis stated above; other share classes and your own returns will differ. This is not investment advice, nor an offer to buy or sell any fund. Past performance does not predict future returns.
Read full disclosures →What it bought and sold
Over the month the largest contributors were an overweight position in Bapcor (BAP.ASX, +55%), owning Capricorn Metals (CMM.ASX, +29%), and an overweight position in Bellevue Gold (BGL.ASX, +27%).
Also held
- Supply Network Limited
- Bapcor Limited
- Karoon Energy
- Orora Limited
- Healius
- Perpetual Limited
- New Hope Corporation Limited
- Capricorn Metals
- Bellevue Gold
- Mader Group
- IRESS
- Imdex Limited
- IRESS Limited
- Fletcher Building Limited
- Centuria Capital Group
- Imdex
- Mader
- Karoon Energy Limited
- Universal Store Holdings Limited
- Perpetual
- Universal Store
- Intertek Group plc
- Intertek