13F filer · CIK 1418329 ↗
Ninety One UK Ltd
You are looking at Q4 2023. See the latest, Q3 2026 →
Reported value
$33.61B
+6.3% on the quarter before
Positions
178
19 new · 18 sold out
Top 10
36.8%
of the value
Est. gain
+$3.13B
on stocks held all quarter
Est. return
+10.8%
on those stocks since Q3 2023
Positions as of Dec 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, 61% of the reported value, each sized by its share, colored by what the fund did with it since Q3 2023. Striped tiles are options.
Largest buys
Since Q3 2023, 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.
- Meta~$253.4MAdded · 0.3% → 1.1%+715,918 shares
- PDD Holdings~$235.7MNew · 0.0% → 0.7%+1,610,734 shares
- Aercap Holdings Nv~$86.9MAdded · 0.2% → 0.5%+1,168,628 shares
- Alphabet~$73.8MAdded · 2.5% → 2.7%+528,130 shares
- Elevance Health Inc~$69.4MAdded · 1.0% → 1.2%+147,103 shares
- Dolby Laboratories Inc~$49.8MAdded · 0.5% → 0.7%+578,239 shares
- Tko Group Holdings Inc~$39.6MAdded · 1.0% → 1.0%+485,105 shares
- Edwards Lifesciences Corp~$36.6MAdded · 0.0% → 0.1%+480,496 shares
- Freshworks Inc~$36.3MNew · 0.0% → 0.1%+1,545,483 shares
- Li Auto Inc~$35.9MNew · 0.0% → 0.1%+959,015 shares
Largest sells
Since Q3 2023, 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.
- Fox Corp~$335.8MCut · 1.1% → 0.0%−11,316,321 shares
- Intuit~$307.3MCut · 3.1% → 2.7%−491,610 shares
- Ebay Inc~$155.7MSold out · 0.5% → 0.0%−3,530,378 shares
- Trane Technologies Plc~$133.1MCut · 1.2% → 1.0%−545,582 shares
- Microsoft~$125.8MCut · 7.7% → 8.3%−334,407 shares
- Nvidia~$118.5MCut · 2.4% → 2.2%−239,248 shares
- Mastercard~$110.5MCut · 1.8% → 1.5%−259,029 shares
- IQVIA~$94.5MSold out · 0.3% → 0.0%−480,427 shares
- Rtx Corp~$85.4MSold out · 0.3% → 0.0%−1,185,937 shares
- Mondelez International Inc~$84.0MCut · 0.8% → 0.6%−1,159,346 shares
Holdings
As of Dec 31, 2023. Changes are in shares against Sep 30, 2023, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| MicrosoftCommon Stock · shares −4.3% · price +19.1% | 8.3% | $2.78B | +$445.3M | ||||||||
| Visa Inc.Common Stock · shares −0.3% · price +13.2% | 6.1% | $2.06B | +$240.2M | ||||||||
| Booking Holdings IncCommon Stock · shares −0.2% · price +15.0% | 3.6% | $1.21B | +$158.6M | ||||||||
| Verisign IncCommon Stock · shares −1.2% · price +1.7% | 3.2% | $1.08B | +$18.0M | ||||||||
| AutodeskCommon Stock · shares −1.8% · price +17.7% | 2.9% | $984.0M | +$147.8M | ||||||||
| AlphabetCommon Stock · shares +8.8% · price +6.7% | 2.7% | $912.4M | +$53.0M | ||||||||
| IntuitCommon Stock · shares −25% · price +22.3% | 2.7% | $906.6M | +$165.5M | ||||||||
| Philip Morris International InCommon Stock · shares −0.5% · price +1.6% | 2.6% | $888.0M | +$14.2M | ||||||||
| AmazonCommon Stock · shares −9.4% · price +19.5% | 2.4% | $800.4M | +$130.8M | ||||||||
| NvidiaCommon Stock · shares −14% · price +13.8% | 2.2% | $749.6M | +$91.2M | ||||||||
| Moody's CorporationCommon Stock · shares −0.2% · price +23.5% | 2.2% | $748.3M | +$142.5M | ||||||||
| Icon PlcCommon Stock · shares −0.2% · price +15.0% | 2.2% | $734.1M | +$95.5M | ||||||||
| Johnson & JohnsonCommon Stock · shares +0.3% · price +0.6% | 2.1% | $695.3M | +$4.4M | ||||||||
| Netease IncADR · shares −0.6% · price −7.0% | 1.9% | $626.8M | −$47.1M | ||||||||
| Automatic Data ProcessingCommon Stock · shares −0.4% · price −3.2% | 1.7% | $586.6M | −$19.2M | ||||||||
| FactSetCommon Stock · shares −0.2% · price +9.1% | 1.7% | $565.7M | +$47.2M | ||||||||
| S&P Global IncCommon Stock · shares −2.2% · price +20.6% | 1.7% | $564.4M | +$96.2M | ||||||||
| Electronic Arts IncCommon Stock · shares −0.2% · price +13.6% | 1.7% | $557.9M | +$66.9M | ||||||||
| Check Point Software TechnologCommon Stock · shares −0.2% · price +14.6% | 1.6% | $547.3M | +$69.9M | ||||||||
| Becton Dickinson & CoCommon Stock · shares −0.6% · price −5.7% | 1.6% | $543.7M | −$32.8M | ||||||||
| AppleCommon Stock · shares −3.5% · price +12.5% | 1.6% | $525.2M | +$58.2M | ||||||||
| MastercardCommon Stock · shares −18% · price +7.7% | 1.5% | $490.7M | +$35.2M | ||||||||
| BroadcomCommon Stock · shares −2.3% · price +34.4% | 1.4% | $477.2M | +$122.1M | ||||||||
| Charles Schwab Corp/TheCommon Stock · shares −4.1% · price +25.3% | 1.4% | $467.1M | +$94.4M | ||||||||
| Elevance Health IncCommon Stock · shares +21% · price +8.3% | 1.2% | $404.7M | +$25.7M | ||||||||
| Total · 178 positions | 100% | $33.61B | +$3.13B |
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 2023 to Q4 2023: 159 stocks held throughout, up $3.13B (+10.8%).
- Microsoft+$445.3M+19%
- Visa Inc.+$240.2M+13%
- Intuit+$165.5M+22%
- Booking Holdings Inc+$158.6M+15%
- Autodesk+$147.8M+18%
- Aptiv Plc−$18.7M−9%
- Automatic Data Processing−$19.2M−3%
- Becton Dickinson & Co−$32.8M−6%
- Netease Inc−$47.1M−7%
- Exxon Mobil Corp−$65.8M−15%
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 ↗ |