13F filer · CIK 1418329 ↗

Ninety One UK Ltd

You are looking at Q3 2021. See the latest, Q3 2026 →

Reported value

$39.16B

+1.5% on the quarter before

Positions

208

9 new · 10 sold out

Top 10

30.5%

of the value

Est. gain

−$378.4M

on stocks held all quarter

Est. return

−1.0%

on those stocks since Q2 2021

Filed

Nov 2, 2021

On SEC EDGAR ↗

Positions as of Sep 30, 2021, from Ninety One UK Ltd's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.

Portfolio at a glance

New
Added
Cut
Same
Options

The 24 largest positions, 51% of the reported value, each sized by its share, colored by what the fund did with it since Q2 2021. Striped tiles are options.

Microsoft6.5%Visa Inc.4.2%Alphabet3.1%Moody's Corporation2.8%

Johnson & Johnson2.7%

Amazon2.5%Intuit2.4%

Booking Holdings Inc2.3%

Estee Lauder Cos Inc/The2.0%

Verisign Inc1.9%

Meta1.8%

Becton Dickinson And Co1.7%

Philip Morris International In1.7%

Apple1.7%

S&P Global Inc1.6%

Citigroup Inc1.6%

Electronic Arts Inc1.5%

Broadcom1.4%

Unitedhealth Group Inc1.4%

Keysight1.3%

Charles Schwab Corp/The1.2%

Trane Technologies Plc1.2%

Medtronic Plc1.2%

Netease Inc1.2%

Microsoft6.5%Visa Inc.4.2%Alphabet3.1%Moody's Corporation2.8%

Johnson & Johnson2.7%

Amazon2.5%Intuit2.4%

Booking Holdings Inc2.3%

Estee Lauder Cos Inc/The2.0%

Verisign Inc1.9%

Meta1.8%

Becton Dickinson And Co1.7%

Philip Morris International In1.7%

Apple1.7%

S&P Global Inc1.6%

Citigroup Inc1.6%

Electronic Arts Inc1.5%

Broadcom1.4%

Unitedhealth Group Inc1.4%

Keysight1.3%

Charles Schwab Corp/The1.2%

Trane Technologies Plc1.2%

Medtronic Plc1.2%

Netease Inc1.2%

Largest buys

Since Q2 2021, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.

Allegion Plc~$225.9MNew · 0.0% → 0.6%+1,708,969 shares
PayPal~$159.9MAdded · 0.8% → 1.1%+614,342 shares
Marsh & Mclennan Cos Inc~$152.2MAdded · 0.4% → 0.8%+1,004,903 shares
Visa Inc.~$140.5MAdded · 4.1% → 4.2%+630,869 shares
Trimble~$128.8MNew · 0.0% → 0.3%+1,565,502 shares
Ishares Msci India ETF~$121.8MAdded · 0.3% → 0.6%+2,501,445 shares
Autodesk~$121.6MAdded · 0.9% → 1.1%+426,320 shares
Moody's Corporation~$114.7MAdded · 2.6% → 2.8%+322,933 shares
Netease Inc~$108.9MAdded · 1.2% → 1.2%+1,275,740 shares
Transunion~$105.9MAdded · 0.5% → 0.8%+943,289 shares

Largest sells

Since Q2 2021, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.

Goldman Sachs~$263.7MSold out · 0.7% → 0.0%−694,882 shares
Pentair Plc~$182.7MCut · 0.5% → 0.0%−2,801,186 shares
Ebay Inc~$180.9MCut · 0.9% → 0.5%−2,595,881 shares
Tencent Music Entertainment Gr~$142.3MCut · 0.9% → 0.0%−19,627,988 shares
Ingersoll Rand Inc~$116.8MSold out · 0.3% → 0.0%−2,392,130 shares
Lear Corp~$97.3MCut · 0.6% → 0.3%−621,559 shares
Morgan Stanley~$65.2MCut · 0.5% → 0.3%−669,905 shares
Svb Financial Group~$61.8MCut · 0.7% → 0.6%−95,605 shares
Northern Trust Corp~$61.3MSold out · 0.2% → 0.0%−530,264 shares
Mastercard~$59.5MCut · 1.3% → 1.0%−170,992 shares

Holdings

As of Sep 30, 2021. Changes are in shares against Jun 30, 2021, so a price move alone never reads as a buy or a sale.

Positions, sorted by share of the portfolio
#	Holding		% prev	Value	Shares		Price	Prev price
1	MicrosoftCommon Stock · shares +3.4% · price +4.1%	6.5%	6.2%	$2.56B	9.1M	+3.4%	$281.92	$270.90	+4.1%	+$97.0M
2	Visa Inc.Common Stock · shares +9.4% · price −4.7%	4.2%	4.1%	$1.64B	7.3M	+9.4%	$222.75	$233.82	−4.7%	−$74.3M
3	AlphabetCommon Stock · shares −1.0% · price +9.5%	3.1%	2.9%	$1.23B	459,504	−1.0%	$2,673.52	$2,441.79	+9.5%	+$106.5M
4	Moody's CorporationCommon Stock · shares +12% · price −2.0%	2.8%	2.6%	$1.10B	3.1M	+12%	$355.11	$362.37	−2.0%	−$20.2M
5	Johnson & JohnsonCommon Stock · shares +8.1% · price −2.0%	2.7%	2.5%	$1.04B	6.5M	+8.1%	$161.50	$164.74	−2.0%	−$19.3M
6	AmazonCommon Stock · shares +7.1% · price −4.5%	2.5%	2.5%	$994.4M	302,697	+7.1%	$3,285.04	$3,440.16	−4.5%	−$43.9M
7	IntuitCommon Stock · shares +7.2% · price +10.1%	2.4%	2.1%	$944.3M	1.8M	+7.2%	$539.51	$490.17	+10.1%	+$80.6M
8	Booking Holdings IncCommon Stock · shares +3.5% · price +8.5%	2.3%	2.1%	$913.2M	384,685	+3.5%	$2,373.87	$2,188.09	+8.5%	+$69.1M
9	Estee Lauder Cos Inc/TheCommon Stock · shares +9.5% · price −5.7%	2.0%	2.0%	$779.9M	2.6M	+9.5%	$299.93	$318.08	−5.7%	−$43.1M
10	Verisign IncCommon Stock · shares +11% · price −10.0%	1.9%	1.9%	$746.6M	3.6M	+11%	$205.01	$227.69	−10.0%	−$74.3M
11	MetaCommon Stock · shares +13% · price −2.4%	1.8%	1.7%	$711.9M	2.1M	+13%	$339.39	$347.71	−2.4%	−$15.4M
12	Becton Dickinson And CoCommon Stock · shares +9.5% · price +1.1%	1.7%	1.5%	$660.2M	2.7M	+9.5%	$245.82	$243.19	+1.1%	+$6.5M
13	Philip Morris International InCommon Stock · shares +12% · price −4.4%	1.7%	1.6%	$658.3M	6.9M	+12%	$94.79	$99.11	−4.4%	−$26.8M
14	AppleCommon Stock · shares −3.9% · price +3.3%	1.7%	1.7%	$647.7M	4.6M	−3.9%	$141.50	$136.96	+3.3%	+$20.8M
15	S&P Global IncCommon Stock · shares +4.8% · price +3.5%	1.6%	1.5%	$630.2M	1.5M	+4.8%	$424.89	$410.45	+3.5%	+$20.4M
16	Citigroup IncCommon Stock · shares −5.9% · price −0.8%	1.6%	1.7%	$611.4M	8.7M	−5.9%	$70.18	$70.75	−0.8%	−$5.0M
17	Electronic Arts IncCommon Stock · shares +16% · price −1.1%	1.5%	1.4%	$604.9M	4.3M	+16%	$142.25	$143.83	−1.1%	−$5.8M
18	BroadcomCommon Stock · shares −7.2% · price +1.7%	1.4%	1.5%	$556.5M	1.1M	−7.2%	$484.93	$476.84	+1.7%	+$9.3M
19	Unitedhealth Group IncCommon Stock · shares −2.0% · price −2.4%	1.4%	1.5%	$553.6M	1.4M	−2.0%	$390.74	$400.44	−2.4%	−$13.7M
20	KeysightCommon Stock · shares −1.1% · price +6.4%	1.3%	1.2%	$499.6M	3.0M	−1.1%	$164.29	$154.41	+6.4%	+$30.0M
21	Charles Schwab Corp/TheCommon Stock · shares +0.01% · price +0.0%	1.2%	1.2%	$480.9M	6.6M	+0.01%	$72.84	$72.81	+0.0%	+$197,311
22	Trane Technologies PlcCommon Stock · shares +7.7% · price −6.2%	1.2%	1.2%	$472.8M	2.7M	+7.7%	$172.65	$184.14	−6.2%	−$29.2M
23	Medtronic PlcCommon Stock · shares −1.1% · price +1.0%	1.2%	1.2%	$463.0M	3.7M	−1.1%	$125.35	$124.13	+1.0%	+$4.5M
24	Netease IncADR · shares +31% · price −25.9%	1.2%	1.2%	$461.7M	5.4M	+31%	$85.40	$115.25	−25.9%	−$123.3M
25	AutodeskCommon Stock · shares +37% · price −2.3%	1.1%	0.87%	$449.4M	1.6M	+37%	$285.17	$291.90	−2.3%	−$7.7M
	Total · 208 positions	100%		$39.16B						−$378.4M

The filing on SEC EDGAR ↗

Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.

What made money

From Q2 2021 to Q3 2021: 199 stocks held throughout, down $378.4M (−1.0%).

Alphabet+$106.5M+9%
Microsoft+$97.0M+4%
Intuit+$80.6M+10%
Icon Plc+$77.5M+27%
Booking Holdings Inc+$69.1M+8%
Vale Sa−$67.7M−39%
Verisign Inc−$74.3M−10%
Visa Inc.−$74.3M−5%
Netease Inc−$123.3M−26%
Alibaba−$158.2M−35%

Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 1 split read into the share counts.

Reported value by quarter

The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.

$100.00B$50.00B$0

Q1 201643 quartersQ3 2026

Every quarter's filing

Each quarter's 13F filing, newest first
Quarter	Filed	Reported value	Positions	Filing
Q3 2026	Oct 15, 2026	$45.47B+2%	331	SEC ↗
Q2 2026	Jul 16, 2026	$44.73B+4%	271	SEC ↗
Q1 2026	Apr 24, 2026	$43.13B−8%	237	SEC ↗
Q4 2025	Jan 27, 2026	$46.64B−49%	225	SEC ↗
Q3 2025	Oct 21, 2025 (amended)	$91.76B+115%	210	SEC ↗
Q2 2025	Jul 18, 2025	$42.61B+19%	202	SEC ↗
Q1 2025	Apr 30, 2025	$35.94B−4%	193	SEC ↗
Q4 2024	Jan 27, 2025	$37.38B−0%	191	SEC ↗
Q3 2024	Nov 12, 2024	$37.47B+3%	194	SEC ↗
Q2 2024	Jul 22, 2024	$36.22B+2%	187	SEC ↗
Q1 2024	Apr 25, 2024	$35.61B+6%	185	SEC ↗
Q4 2023	Jan 31, 2024	$33.61B+6%	178	SEC ↗
Q3 2023	Oct 10, 2023	$31.62B−8%	177	SEC ↗
Q2 2023	Jul 19, 2023	$34.27B+7%	183	SEC ↗
Q1 2023	Apr 28, 2023	$32.10B+3%	180	SEC ↗
Q4 2022	Feb 7, 2023	$31.19B+3%	187	SEC ↗
Q3 2022	Nov 14, 2022	$30.32B−10%	190	SEC ↗
Q2 2022	Aug 15, 2022	$33.63B−14%	190	SEC ↗
Q1 2022	May 26, 2022	$39.26B−7%	196	SEC ↗
Q4 2021	Feb 11, 2022	$42.13B+8%	208	SEC ↗
Q3 2021	Nov 2, 2021	$39.16B+1%	208	SEC ↗
Q2 2021	Aug 12, 2021	$38.59B+10%	209	SEC ↗
Q1 2021	May 7, 2021	$35.18B+8%	215	SEC ↗
Q4 2020	Feb 5, 2021	$32.51B+18%	219	SEC ↗
Q3 2020	Nov 12, 2020	$27.65B−2%	223	SEC ↗
Q2 2020	Sep 4, 2020 (amended)	$28.22B+19%	233	SEC ↗
Q1 2020	May 12, 2020	$23.77B−21%	232	SEC ↗
Q4 2019	Feb 7, 2020	$30.15B+17%	238	SEC ↗
Q3 2019	Nov 14, 2019	$25.69B−2%	235	SEC ↗
Q2 2019	Jul 30, 2019	$26.28B+4%	265	SEC ↗
Q1 2019	Apr 24, 2019	$25.24B+9%	271	SEC ↗
Q4 2018	Feb 8, 2019	$23.19B−13%	283	SEC ↗
Q3 2018	Nov 13, 2018	$26.80B+33%	274	SEC ↗
Q2 2018	Aug 10, 2018	$20.13B+8%	259	SEC ↗
Q1 2018	May 14, 2018	$18.67B−23%	238	SEC ↗
Q4 2017	Feb 13, 2018	$24.34B+7%	306	SEC ↗
Q3 2017	Nov 13, 2017	$22.78B+8%	308	SEC ↗
Q2 2017	Aug 11, 2017	$21.00B+4%	311	SEC ↗
Q1 2017	May 12, 2017	$20.25B+6%	308	SEC ↗
Q4 2016	Feb 10, 2017	$19.15B−7%	305	SEC ↗
Q3 2016	Nov 14, 2016	$20.53B+6%	300	SEC ↗
Q2 2016	Aug 12, 2016	$19.33B+5%	291	SEC ↗
Q1 2016	May 12, 2016	$18.49B	303	SEC ↗