13F filer · CIK 1418329 ↗
Ninety One UK Ltd
You are looking at Q1 2023. See the latest, Q3 2026 →
Reported value
$32.10B
+2.9% on the quarter before
Positions
180
10 new · 17 sold out
Top 10
35.4%
of the value
Est. gain
+$2.11B
on stocks held all quarter
Est. return
+7.3%
on those stocks since Q4 2022
Positions as of Mar 31, 2023, 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, 59% of the reported value, each sized by its share, colored by what the fund did with it since Q4 2022. Striped tiles are options.
Largest buys
Since Q4 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.
- Verisign Inc~$292.9MAdded · 2.7% → 3.6%+1,385,849 shares
- Ambev Sa~$112.1MNew · 0.0% → 0.3%+39,748,969 shares
- Air Products And Chemicals Inc~$78.4MAdded · 0.4% → 0.6%+273,038 shares
- Trip.Com Group Ltd~$66.5MAdded · 0.2% → 0.4%+1,764,469 shares
- Waste Management Inc~$55.3MAdded · 0.6% → 0.8%+339,150 shares
- Xp Inc~$43.6MNew · 0.0% → 0.1%+3,670,222 shares
- Agnico Eagle Mines Ltd~$34.6MAdded · 0.3% → 0.4%+679,170 shares
- Southwest Airlines Co~$34.1MNew · 0.0% → 0.1%+1,047,545 shares
- New Oriental Education & Techn~$33.3MNew · 0.0% → 0.1%+863,370 shares
- Texas Instruments~$26.6MAdded · 0.2% → 0.3%+142,772 shares
Largest sells
Since Q4 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.
- Pioneer Natural Resources Co~$190.9MSold out · 0.6% → 0.0%−835,749 shares
- Huntington Bancshares Inc/Oh~$173.7MSold out · 0.6% → 0.0%−12,321,987 shares
- Analog Devices~$109.5MCut · 0.6% → 0.3%−555,279 shares
- Svb Financial Group~$105.5MSold out · 0.3% → 0.0%−458,396 shares
- S&P Global Inc~$81.8MCut · 1.7% → 1.5%−237,265 shares
- Raytheon Technologies Corp~$81.5MCut · 0.7% → 0.4%−832,245 shares
- Lear Corp~$81.2MSold out · 0.3% → 0.0%−654,680 shares
- Exxon Mobil Corp~$76.4MCut · 1.9% → 1.6%−696,884 shares
- Moody's Corporation~$74.2MCut · 3.1% → 3.1%−242,622 shares
- Charles Schwab Corp/The~$61.1MCut · 1.9% → 0.9%−1,166,539 shares
Holdings
As of Mar 31, 2023. Changes are in shares against Dec 31, 2022, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| MicrosoftCommon Stock · shares −0.9% · price +20.2% | 6.2% | $2.00B | +$336.0M | ||||||||
| Visa Inc.Common Stock · shares +0.8% · price +8.5% | 5.8% | $1.88B | +$146.2M | ||||||||
| Verisign IncCommon Stock · shares +33% · price +2.9% | 3.6% | $1.17B | +$24.4M | ||||||||
| Booking Holdings IncCommon Stock · shares +1.4% · price +31.6% | 3.5% | $1.11B | +$263.2M | ||||||||
| Moody's CorporationCommon Stock · shares −7.0% · price +9.8% | 3.1% | $988.1M | +$88.5M | ||||||||
| Philip Morris International InCommon Stock · shares +1.4% · price −3.9% | 2.9% | $931.9M | −$37.4M | ||||||||
| AutodeskCommon Stock · shares +1.8% · price +11.4% | 2.9% | $917.2M | +$92.2M | ||||||||
| IntuitCommon Stock · shares +1.5% · price +14.5% | 2.8% | $903.6M | +$113.1M | ||||||||
| Johnson & JohnsonCommon Stock · shares −1.9% · price −12.3% | 2.3% | $740.0M | −$103.4M | ||||||||
| Becton Dickinson & CoCommon Stock · shares −0.3% · price −2.7% | 2.3% | $739.2M | −$20.2M | ||||||||
| Estee Lauder Cos Inc/TheCommon Stock · shares +0.7% · price −0.7% | 2.1% | $682.6M | −$4.5M | ||||||||
| NvidiaCommon Stock · shares −6.8% · price +90.1% | 2.1% | $680.6M | +$322.5M | ||||||||
| Netease IncADR · shares +2.4% · price +21.8% | 1.9% | $602.6M | +$105.2M | ||||||||
| Automatic Data ProcessingCommon Stock · shares +1.7% · price −6.8% | 1.8% | $585.9M | −$42.0M | ||||||||
| MastercardCommon Stock · shares −8.8% · price +4.5% | 1.8% | $563.8M | +$24.3M | ||||||||
| Electronic Arts IncCommon Stock · shares −1.9% · price −1.4% | 1.6% | $529.7M | −$7.6M | ||||||||
| AppleCommon Stock · shares −8.7% · price +26.9% | 1.6% | $521.4M | +$110.6M | ||||||||
| FactSetCommon Stock · shares +1.3% · price +3.5% | 1.6% | $518.7M | +$17.1M | ||||||||
| Exxon Mobil CorpCommon Stock · shares −13% · price −0.6% | 1.6% | $509.9M | −$3.0M | ||||||||
| Trane Technologies PlcCommon Stock · shares −3.4% · price +9.5% | 1.5% | $491.8M | +$42.5M | ||||||||
| Check Point Software TechnologCommon Stock · shares +1.8% · price +3.0% | 1.5% | $489.2M | +$14.2M | ||||||||
| Icon PlcCommon Stock · shares +1.9% · price +10.0% | 1.5% | $484.1M | +$43.0M | ||||||||
| S&P Global IncCommon Stock · shares −15% · price +2.9% | 1.5% | $480.0M | +$13.7M | ||||||||
| Unitedhealth Group IncCommon Stock · shares −1.3% · price −10.9% | 1.4% | $455.8M | −$55.5M | ||||||||
| Thermo Fisher Scientific IncCommon Stock · shares −9.0% · price +4.7% | 1.4% | $439.0M | +$19.6M | ||||||||
| Total · 180 positions | 100% | $32.10B | +$2.11B |
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 Q4 2022 to Q1 2023: 170 stocks held throughout, up $2.11B (+7.3%).
- Microsoft+$336.0M+20%
- Nvidia+$322.5M+90%
- Booking Holdings Inc+$263.2M+32%
- Visa Inc.+$146.2M+9%
- Intuit+$113.1M+15%
- Philip Morris International In−$37.4M−4%
- Automatic Data Processing−$42.0M−7%
- Unitedhealth Group Inc−$55.5M−11%
- Johnson & Johnson−$103.4M−12%
- Charles Schwab Corp/The−$179.2M−37%
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 ↗ |