13F filer · CIK 1418329 ↗
Ninety One UK Ltd
You are looking at Q4 2022. See the latest, Q3 2026 →
Reported value
$31.19B
+2.9% on the quarter before
Positions
187
15 new · 18 sold out
Top 10
32.7%
of the value
Est. gain
+$2.87B
on stocks held all quarter
Est. return
+10.5%
on those stocks since Q3 2022
Positions as of Dec 31, 2022, 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, 57% of the reported value, each sized by its share, colored by what the fund did with it since Q3 2022. Striped tiles are options.
Largest buys
Since Q3 2022, 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.
- Air Products And Chemicals Inc~$132.7MNew · 0.0% → 0.4%+430,352 shares
- Nvidia~$73.0MAdded · 0.9% → 1.2%+499,534 shares
- Barrick Gold Corp~$72.3MAdded · 0.5% → 0.8%+4,207,164 shares
- Trip.Com Group Ltd~$58.4MNew · 0.0% → 0.2%+1,699,121 shares
- Sociedad Quimica Y Minera De C~$49.2MAdded · 0.0% → 0.2%+616,251 shares
- Intercontinental Exchange Inc~$48.4MAdded · 0.8% → 1.0%+472,226 shares
- Thermo Fisher Scientific Inc~$45.4MAdded · 1.3% → 1.5%+82,385 shares
- Exxon Mobil Corp~$31.3MAdded · 1.5% → 1.9%+284,218 shares
- Crown Castle Inc~$27.3MAdded · 0.3% → 0.3%+201,226 shares
- Teck Resources Ltd~$26.1MNew · 0.0% → 0.1%+690,838 shares
Largest sells
Since Q3 2022, 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.
- Microsoft~$420.5MCut · 6.7% → 5.4%−1,753,266 shares
- Alphabet~$420.4MCut · 2.6% → 1.0%−4,764,468 shares
- Estee Lauder Cos Inc/The~$155.5MCut · 2.4% → 2.2%−626,780 shares
- Pioneer Natural Resources Co~$102.9MCut · 0.9% → 0.6%−450,522 shares
- Resideo Technologies Inc~$100.8MSold out · 0.3% → 0.0%−5,290,330 shares
- Waste Management Inc~$90.3MCut · 1.0% → 0.6%−575,631 shares
- Broadcom~$89.2MCut · 1.1% → 1.1%−159,518 shares
- Nomad Foods Ltd~$84.1MCut · 0.3% → 0.1%−4,876,378 shares
- Banco Bradesco Sa~$79.7MSold out · 0.3% → 0.0%−21,646,243 shares
- Johnson & Johnson~$79.2MCut · 2.9% → 2.8%−448,368 shares
Holdings
As of Dec 31, 2022. Changes are in shares against Sep 30, 2022, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Visa Inc.Common Stock · shares −2.2% · price +16.9% | 5.5% | $1.72B | +$248.6M | ||||||||
| MicrosoftCommon Stock · shares −20% · price +3.0% | 5.4% | $1.68B | +$48.4M | ||||||||
| Moody's CorporationCommon Stock · shares −2.8% · price +14.6% | 3.1% | $967.2M | +$123.3M | ||||||||
| Philip Morris International InCommon Stock · shares −3.2% · price +21.9% | 3.1% | $956.5M | +$172.0M | ||||||||
| Johnson & JohnsonCommon Stock · shares −8.4% · price +8.1% | 2.8% | $859.9M | +$64.7M | ||||||||
| Verisign IncCommon Stock · shares −3.6% · price +18.3% | 2.7% | $851.1M | +$131.5M | ||||||||
| Booking Holdings IncCommon Stock · shares −2.9% · price +22.6% | 2.7% | $832.4M | +$153.7M | ||||||||
| AutodeskCommon Stock · shares −1.2% · price +0.0% | 2.6% | $808.9M | +$302,892 | ||||||||
| IntuitCommon Stock · shares −1.7% · price +0.5% | 2.5% | $777.5M | +$3.8M | ||||||||
| Becton Dickinson And CoCommon Stock · shares −0.7% · price +14.1% | 2.4% | $761.9M | +$94.3M | ||||||||
| Estee Lauder Cos Inc/TheCommon Stock · shares −19% · price +14.9% | 2.2% | $682.4M | +$88.6M | ||||||||
| Automatic Data ProcessingCommon Stock · shares −3.3% · price +5.6% | 2.0% | $618.3M | +$32.8M | ||||||||
| MastercardCommon Stock · shares −3.2% · price +22.3% | 1.9% | $591.7M | +$107.9M | ||||||||
| Exxon Mobil CorpCommon Stock · shares +5.6% · price +26.3% | 1.9% | $589.8M | +$116.4M | ||||||||
| Charles Schwab Corp/TheCommon Stock · shares −5.6% · price +15.8% | 1.9% | $580.3M | +$79.4M | ||||||||
| Electronic Arts IncCommon Stock · shares −7.1% · price +5.6% | 1.8% | $547.6M | +$29.0M | ||||||||
| S&P Global IncCommon Stock · shares −1.9% · price +9.7% | 1.7% | $545.8M | +$48.2M | ||||||||
| Unitedhealth Group IncCommon Stock · shares −3.6% · price +5.0% | 1.7% | $518.2M | +$24.6M | ||||||||
| FactSetCommon Stock · shares −3.3% · price +0.3% | 1.6% | $494.8M | +$1.4M | ||||||||
| Netease IncADR · shares −1.9% · price −3.9% | 1.5% | $483.4M | −$19.8M | ||||||||
| Check Point Software TechnologCommon Stock · shares −2.7% · price +12.6% | 1.5% | $466.5M | +$52.3M | ||||||||
| Trane Technologies PlcCommon Stock · shares −8.8% · price +16.1% | 1.5% | $465.1M | +$64.4M | ||||||||
| Thermo Fisher Scientific IncCommon Stock · shares +11% · price +8.6% | 1.5% | $460.7M | +$32.8M | ||||||||
| AppleCommon Stock · shares −14% · price −6.0% | 1.4% | $449.8M | −$28.6M | ||||||||
| Icon PlcCommon Stock · shares −2.7% · price +5.7% | 1.4% | $432.2M | +$23.3M | ||||||||
| Total · 187 positions | 100% | $31.19B | +$2.87B |
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 Q3 2022 to Q4 2022: 172 stocks held throughout, up $2.87B (+10.5%).
- Visa Inc.+$248.6M+17%
- Philip Morris International In+$172.0M+22%
- Booking Holdings Inc+$153.7M+23%
- Verisign Inc+$131.5M+18%
- Moody's Corporation+$123.3M+15%
- Netease Inc−$19.8M−4%
- Alphabet−$25.3M−8%
- Apple−$28.6M−6%
- M&T Bank Corp−$33.7M−18%
- Svb Financial Group−$48.4M−31%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out.
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.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q3 2026 | Oct 15, 2026 | $45.47B+2% | SEC ↗ |
| Q2 2026 | Jul 16, 2026 | $44.73B+4% | SEC ↗ |
| Q1 2026 | Apr 24, 2026 | $43.13B−8% | SEC ↗ |
| Q4 2025 | Jan 27, 2026 | $46.64B−49% | SEC ↗ |
| Q3 2025 | Oct 21, 2025 (amended) | $91.76B+115% | SEC ↗ |
| Q2 2025 | Jul 18, 2025 | $42.61B+19% | SEC ↗ |
| Q1 2025 | Apr 30, 2025 | $35.94B−4% | SEC ↗ |
| Q4 2024 | Jan 27, 2025 | $37.38B−0% | SEC ↗ |
| Q3 2024 | Nov 12, 2024 | $37.47B+3% | SEC ↗ |
| Q2 2024 | Jul 22, 2024 | $36.22B+2% | SEC ↗ |
| Q1 2024 | Apr 25, 2024 | $35.61B+6% | SEC ↗ |
| Q4 2023 | Jan 31, 2024 | $33.61B+6% | SEC ↗ |
| Q3 2023 | Oct 10, 2023 | $31.62B−8% | SEC ↗ |
| Q2 2023 | Jul 19, 2023 | $34.27B+7% | SEC ↗ |
| Q1 2023 | Apr 28, 2023 | $32.10B+3% | SEC ↗ |
| Q4 2022 | Feb 7, 2023 | $31.19B+3% | SEC ↗ |
| Q3 2022 | Nov 14, 2022 | $30.32B−10% | SEC ↗ |
| Q2 2022 | Aug 15, 2022 | $33.63B−14% | SEC ↗ |
| Q1 2022 | May 26, 2022 | $39.26B−7% | SEC ↗ |
| Q4 2021 | Feb 11, 2022 | $42.13B+8% | SEC ↗ |
| Q3 2021 | Nov 2, 2021 | $39.16B+1% | SEC ↗ |
| Q2 2021 | Aug 12, 2021 | $38.59B+10% | SEC ↗ |
| Q1 2021 | May 7, 2021 | $35.18B+8% | SEC ↗ |
| Q4 2020 | Feb 5, 2021 | $32.51B+18% | SEC ↗ |
| Q3 2020 | Nov 12, 2020 | $27.65B−2% | SEC ↗ |
| Q2 2020 | Sep 4, 2020 (amended) | $28.22B+19% | SEC ↗ |
| Q1 2020 | May 12, 2020 | $23.77B−21% | SEC ↗ |
| Q4 2019 | Feb 7, 2020 | $30.15B+17% | SEC ↗ |
| Q3 2019 | Nov 14, 2019 | $25.69B−2% | SEC ↗ |
| Q2 2019 | Jul 30, 2019 | $26.28B+4% | SEC ↗ |
| Q1 2019 | Apr 24, 2019 | $25.24B+9% | SEC ↗ |
| Q4 2018 | Feb 8, 2019 | $23.19B−13% | SEC ↗ |
| Q3 2018 | Nov 13, 2018 | $26.80B+33% | SEC ↗ |
| Q2 2018 | Aug 10, 2018 | $20.13B+8% | SEC ↗ |
| Q1 2018 | May 14, 2018 | $18.67B−23% | SEC ↗ |
| Q4 2017 | Feb 13, 2018 | $24.34B+7% | SEC ↗ |
| Q3 2017 | Nov 13, 2017 | $22.78B+8% | SEC ↗ |
| Q2 2017 | Aug 11, 2017 | $21.00B+4% | SEC ↗ |
| Q1 2017 | May 12, 2017 | $20.25B+6% | SEC ↗ |
| Q4 2016 | Feb 10, 2017 | $19.15B−7% | SEC ↗ |
| Q3 2016 | Nov 14, 2016 | $20.53B+6% | SEC ↗ |
| Q2 2016 | Aug 12, 2016 | $19.33B+5% | SEC ↗ |
| Q1 2016 | May 12, 2016 | $18.49B | SEC ↗ |