Institutional Manager · CIK 0001418333

MACQUARIE GROUP LTD

Sydney, NSW 2000, C3 · File #028-13120

Latest AUM

$22.88B

Positions

1,331

Top-10 Concentration

55.9%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	VANGUARD INDEX FDS	922908363	+2,371,000	+$1.49B	+$147
EXITED	TAIWAN SEMICONDUCTOR MFG LTD	874039100	-3,167,073	-$884.5M	$0
REDUCE	SPDR S&P 500 ETF TR	SPY	-1,195,000	-$814.9M	+$21.9M
ADD	ISHARES TR	464287200	+930,170	+$637.1M	+$26.4M
EXITED	ISHARES TR	46432F842	-3,367,504	-$294.0M	$0
EXITED	SAP SE	803054204	-995,327	-$266.0M	$0
EXITED	OLD NATL BANCORP IND	680033107	-10,876,660	-$238.7M	$0
EXITED	SEMTECH CORP	816850101	-2,890,543	-$206.5M	$0
EXITED	ESSENT GROUP LTD	G3198U102	-2,911,389	-$185.0M	$0
EXITED	ASML HOLDING N V	N07059210	-189,498	-$183.5M	$0

Sector Allocation

Technology

23.9%$5.48B

Healthcare

6.9%$1.59B

Consumer Discretionary

6.3%$1.43B

Financials

4.1%$933.7M

Industrials

3.4%$768.4M

Communication Services

3.1%$703.2M

2.3%$531.8M

1.9%$436.0M

1.7%$396.1M

1.6%$363.2M

0.5%$111.9M

Filing History

Feb 13, 202613F COMBINATION REPORTQ/E Dec 20251,331 pos · $22.88B
Nov 13, 202513F COMBINATION REPORTQ/E Sep 20253,191 pos · $85.67B
Aug 14, 202513F COMBINATION REPORTQ/E Jun 20253,191 pos · $81.52B
Aug 14, 202513F COMBINATION REPORT (Amended)Q/E Jun 20253,241 pos · $80.56B
May 15, 202513F COMBINATION REPORTQ/E Mar 20253,241 pos · $76.54B
Feb 14, 202513F COMBINATION REPORTQ/E Dec 20243,160 pos · $82.42B
Nov 14, 202413F COMBINATION REPORTQ/E Sep 20242,723 pos · $92.64B
Aug 9, 202413F COMBINATION REPORTQ/E Jun 20243,133 pos · $87.19B
May 14, 202413F COMBINATION REPORTQ/E Mar 20243,131 pos · $88.17B
Nov 14, 202313F COMBINATION REPORTQ/E Dec 20232,724 pos · $79.61B
Oct 27, 202313F COMBINATION REPORT (Amended)Q/E Dec 20232,712 pos · $87.46B
Oct 12, 202313F COMBINATION REPORT (Amended)Q/E Dec 20232,712 pos · $87.46B

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ISHARES TR	464287200	2,619,538	$1.79B	14.12%
2	VANGUARD INDEX FDS	922908363	2,371,010	$1.49B	11.71%
3	NVIDIA CORPORATION	NVDA	3,641,803	$679.2M	5.35%
4	NVIDIA CORPORATION	NVDA	3,282,565	$612.2M	4.82%
5	APPLE INC	AAPL	1,997,739	$543.1M	4.28%
6	APPLE INC	AAPL	1,787,576	$486.0M	3.83%
7	MICROSOFT CORP	MSFT	988,128	$477.9M	3.76%
8	MICROSOFT CORP	MSFT	805,307	$389.5M	3.07%
9	ALPHABET INC	GOOG	1,106,995	$346.5M	2.73%
10	AMAZON COM INC	AMZN	1,225,100	$282.8M	2.23%
11	AMAZON COM INC	AMZN	1,178,235	$272.0M	2.14%
12	ALPHABET INC	GOOG	855,835	$268.6M	2.11%
13	ISHARES BITCOIN TRUST ETF	IBIT	5,126,143	$254.5M	2.00%
14	ALPHABET INC	GOOG	775,580	$242.8M	1.91%
15	BROADCOM INC	AVGO	660,013	$228.4M	1.80%
16	ALPHABET INC	GOOG	679,303	$213.2M	1.68%
17	BROADCOM INC	AVGO	610,050	$211.1M	1.66%
18	META PLATFORMS INC	META	308,031	$203.3M	1.60%
19	CISCO SYS INC	CSCO	2,173,287	$167.4M	1.32%
20	MICRON TECHNOLOGY INC	MU	577,726	$164.9M	1.30%