13F COMBINATION REPORT
Banque de Luxembourg S.A.
Quarter ended Q4 2025 · Filed January 21, 2026 · Accession 0002055344-26-000001
Total Value
$234.8M
Positions
88
Other Managers
2
Confidential Omitted
No
Holdings (88)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ALPHABET INC | GOOG | 80,151 | $25.1M | 10.68% |
| 2 | SPDR S&P 500 ETF TR | SPY | 34,768 | $23.7M | 10.10% |
| 3 | MICROSOFT CORP | MSFT | 42,690 | $20.6M | 8.79% |
| 4 | VISA INC | V | 35,218 | $12.4M | 5.26% |
| 5 | ACCENTURE PLC IRELAND | ACN | 44,549 | $12.0M | 5.09% |
| 6 | AMAZON COM INC | AMZN | 50,280 | $11.6M | 4.94% |
| 7 | APPLE INC | AAPL | 39,008 | $10.6M | 4.52% |
| 8 | MEDTRONIC PLC | MDT | 107,235 | $10.3M | 4.39% |
| 9 | MAGNUM ICE CREAM CO NV | MICC | 15,168 | $9.9M | 4.22% |
| 10 | S&P GLOBAL INC | SPGI | 15,854 | $8.3M | 3.53% |
| 11 | UNITEDHEALTH GROUP INC | UNH | 24,719 | $8.2M | 3.47% |
| 12 | SYNOPSYS INC | SNPS | 14,427 | $6.8M | 2.89% |
| 13 | CISCO SYS INC | CSCO | 77,225 | $5.9M | 2.53% |
| 14 | LINDE PLC | LIN | 1,250 | $5.1M | 2.19% |
| 15 | BECTON DICKINSON & CO | BDX | 25,722 | $5.0M | 2.13% |
| 16 | NVIDIA CORPORATION | NVDA | 26,246 | $4.9M | 2.08% |
| 17 | ANALOG DEVICES INC | ADI | 17,604 | $4.8M | 2.03% |
| 18 | TOTALENERGIES SE | TTE | 165,216 | $4.6M | 1.96% |
| 19 | ALLEGION PLC | ALLE | 22,294 | $3.5M | 1.51% |
| 20 | ALPHABET INC | GOOG | 10,251 | $3.2M | 1.37% |
| 21 | ICON PLC | ICLR | 17,112 | $3.1M | 1.33% |
| 22 | COMCAST CORP NEW | CCZ | 102,406 | $3.1M | 1.30% |
| 23 | CANADIAN NATL RY CO | 136375102 | 1,124 | $3.0M | 1.27% |
| 24 | ENBRIDGE INC | ENNPF | 6,000 | $2.9M | 1.22% |
| 25 | FRANCO NEV CORP | FNV | 2,100 | $2.9M | 1.22% |
| 26 | INVESCO EXCHANGE TRADED FD T | IVZ | 11,925 | $1.6M | 0.68% |
| 27 | NIKE INC | NKE | 23,485 | $1.5M | 0.64% |
| 28 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 2,757 | $1.4M | 0.59% |
| 29 | DANAHER CORPORATION | 235851102 | 5,943 | $1.4M | 0.58% |
| 30 | PROCTER AND GAMBLE CO | 742718109 | 9,000 | $1.3M | 0.55% |
| 31 | BOSTON SCIENTIFIC CORP | BSX | 13,106 | $1.2M | 0.53% |
| 32 | BANK NEW YORK MELLON CORP | 064058100 | 8,817 | $1.0M | 0.44% |
| 33 | BROADCOM INC | AVGO | 2,479 | $857,982 | 0.37% |
| 34 | JPMORGAN CHASE & CO. | VYLD | 2,384 | $768,172 | 0.33% |
| 35 | META PLATFORMS INC | META | 1,139 | $751,843 | 0.32% |
| 36 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 1,850 | $562,197 | 0.24% |
| 37 | MASTERCARD INCORPORATED | MA | 904 | $516,076 | 0.22% |
| 38 | YUM CHINA HLDGS INC | YUMC | 1,000 | $504,425 | 0.21% |
| 39 | ELI LILLY & CO | LLY | 466 | $500,801 | 0.21% |
| 40 | UBER TECHNOLOGIES INC | UBER | 5,976 | $488,299 | 0.21% |
| 41 | THERMO FISHER SCIENTIFIC INC | TMO | 833 | $482,682 | 0.21% |
| 42 | BLACKROCK INC | BLK | 426 | $455,965 | 0.19% |
| 43 | PALO ALTO NETWORKS INC | PANW | 2,363 | $435,265 | 0.19% |
| 44 | JOHNSON & JOHNSON | JNJ | 1,917 | $396,723 | 0.17% |
| 45 | KKR & CO INC | KKRT | 3,003 | $382,822 | 0.16% |
| 46 | MARVELL TECHNOLOGY INC | MRVL | 4,379 | $372,127 | 0.16% |
| 47 | PEPSICO INC | PEP | 2,591 | $371,860 | 0.16% |
| 48 | ZOETIS INC | ZTS | 2,955 | $371,798 | 0.16% |
| 49 | ADOBE INC | ADBE | 968 | $338,790 | 0.14% |
| 50 | MERCK & CO INC | MRK | 2,952 | $310,728 | 0.13% |
| 51 | SHERWIN WILLIAMS CO | SHW | 924 | $299,404 | 0.13% |
| 52 | WATERS CORP | 941848103 | 662 | $251,447 | 0.11% |
| 53 | COSTCO WHSL CORP NEW | 22160K105 | 281 | $242,318 | 0.10% |
| 54 | UNION PAC CORP | UNP | 1,004 | $232,245 | 0.10% |
| 55 | WALMART INC | WMT | 1,993 | $222,040 | 0.09% |
| 56 | COCA COLA CO | KO | 3,096 | $216,441 | 0.09% |
| 57 | MCDONALDS CORP | MCD | 706 | $215,775 | 0.09% |
| 58 | ROCKWELL AUTOMATION INC | ROK | 547 | $212,821 | 0.09% |
| 59 | QUALCOMM INC | QCOM | 1,197 | $204,747 | 0.09% |
| 60 | CARRIER GLOBAL CORPORATION | CARR | 3,670 | $193,923 | 0.08% |
| 61 | ARISTA NETWORKS INC | ANET | 1,376 | $180,297 | 0.08% |
| 62 | ABBVIE INC | ABBV | 782 | $178,679 | 0.08% |
| 63 | MSCI INC | MSCI | 300 | $172,119 | 0.07% |
| 64 | AMGEN INC | AMGN | 501 | $163,982 | 0.07% |
| 65 | BOOKING HOLDINGS INC | BKNG | 27 | $144,594 | 0.06% |
| 66 | LOWES COS INC | 548661107 | 598 | $144,214 | 0.06% |
| 67 | HOME DEPOT INC | HD | 411 | $141,425 | 0.06% |
| 68 | ECOLAB INC | ECL | 500 | $131,260 | 0.06% |
| 69 | IDEX CORP | 45167R104 | 700 | $124,558 | 0.05% |
| 70 | SALESFORCE INC | CRM | 460 | $121,859 | 0.05% |
| 71 | BANK AMERICA CORP | 060505104 | 2,105 | $115,775 | 0.05% |
| 72 | ALIBABA GROUP HLDG LTD | BBAAY | 778 | $114,039 | 0.05% |
| 73 | ELEVANCE HEALTH INC FORMERLY | ELV | 310 | $108,671 | 0.05% |
| 74 | SLB LIMITED | SLB | 2,691 | $103,281 | 0.04% |
| 75 | ANHEUSER BUSCH INBEV SA/NV | BUDFF | 1,566 | $100,287 | 0.04% |
| 76 | FIRST SOLAR INC | FSLR | 379 | $99,006 | 0.04% |
| 77 | HONEYWELL INTL INC | 438516106 | 502 | $97,935 | 0.04% |
| 78 | CATERPILLAR INC | CAT | 158 | $90,513 | 0.04% |
| 79 | COMPANIA CERVECERIAS UNIDAS | 204429104 | 6,623 | $84,509 | 0.04% |
| 80 | ISHARES TR | 464287655 | 294 | $72,371 | 0.03% |
| 81 | SEMPRA | SREA | 778 | $68,690 | 0.03% |
| 82 | XYLEM INC | XYL | 493 | $67,137 | 0.03% |
| 83 | PAYPAL HLDGS INC | PYPL | 1,095 | $63,926 | 0.03% |
| 84 | COCA-COLA FEMSA SAB DE CV | COCSF | 547 | $51,806 | 0.02% |
| 85 | LKQ CORP | LKQ | 1,568 | $47,354 | 0.02% |
| 86 | FULL TRUCK ALLIANCE CO LTD | YMM | 4,138 | $44,401 | 0.02% |
| 87 | AUTOMATIC DATA PROCESSING IN | ADP | 120 | $30,868 | 0.01% |
| 88 | LAMB WESTON HLDGS INC | LW | 411 | $17,217 | 0.01% |