Institutional Manager · CIK 0001633343
Ninety One North America, Inc.
New York, NY · File #028-16538
Latest AUM
$2.47B
Positions
102
Top-10 Concentration
45.0%
Filings
10
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 |
|---|---|---|---|---|---|
| EXITED | Sea Ltd | 81141R100 | -372,502 | -$66.6M | $0 |
| NEW | Alcon AG | ALC | +728,305 | +$58.2M | $0 |
| ADD | Marsh & McLennan Cos Inc | 571748102 | +169,199 | +$31.4M | -$1.6M |
| NEW | NVIDIA Corp | NVDA | +152,128 | +$28.4M | $0 |
| REDUCE | Coupang Inc | CPNG | -980,005 | -$23.1M | -$8.4M |
| ADD | Motorola Solutions Inc | MSI | +50,522 | +$19.4M | -$4.3M |
| ADD | Alphabet Inc | GOOG | +52,560 | +$16.5M | +$26.1M |
| REDUCE | Taiwan Semiconductor Manufacturing Co Ltd | 874039100 | -48,872 | -$14.9M | +$7.5M |
| NEW | Broadcom Inc | AVGO | +41,182 | +$14.3M | $0 |
| ADD | iShares MSCI India ETF | 46429B598 | +253,452 | +$13.7M | +$1.7M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025102 pos · $2.47B
- 13F HOLDINGS REPORT (Amended)Q/E Sep 202570 pos · $2.21B
- 13F HOLDINGS REPORTQ/E Sep 202568 pos · $2.14B
- 13F HOLDINGS REPORTQ/E Jun 202565 pos · $2.04B
- 13F HOLDINGS REPORTQ/E Mar 202568 pos · $1.49B
- 13F HOLDINGS REPORTQ/E Dec 202471 pos · $1.62B
- 13F HOLDINGS REPORTQ/E Sep 202466 pos · $1.47B
- 13F HOLDINGS REPORTQ/E Jun 202462 pos · $1.98B
- 13F HOLDINGS REPORTQ/E Mar 202461 pos · $2.06B
- 13F HOLDINGS REPORTQ/E Dec 202368 pos · $2.04B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | Visa Inc | V | 438,344 | $153.7M | 6.73% |
| 2 | Alphabet Inc | GOOG | 426,416 | $133.5M | 5.84% |
| 3 | Microsoft Corp | MSFT | 257,310 | $124.4M | 5.44% |
| 4 | Philip Morris International Inc | 718172109 | 706,366 | $113.3M | 4.96% |
| 5 | Mastercard Inc | MA | 164,735 | $94.0M | 4.11% |
| 6 | Autodesk Inc | ADSK | 304,051 | $90.0M | 3.94% |
| 7 | Booking Holdings Inc | BKNG | 16,005 | $85.7M | 3.75% |
| 8 | ICON PLC | ICLR | 455,399 | $83.0M | 3.63% |
| 9 | Taiwan Semiconductor Manufacturing Co Ltd | 874039100 | 257,068 | $78.1M | 3.42% |
| 10 | Intuit Inc | INTU | 108,831 | $72.1M | 3.15% |
| 11 | NetEase Inc | NETTF | 500,241 | $68.8M | 3.01% |
| 12 | Electronic Arts Inc | EA | 332,602 | $68.0M | 2.97% |
| 13 | Aon PLC | AON | 176,485 | $62.3M | 2.72% |
| 14 | iShares MSCI India ETF | 46429B598 | 1,107,777 | $59.9M | 2.62% |
| 15 | Alcon AG | ALC | 728,305 | $58.2M | 2.55% |
| 16 | Johnson & Johnson | JNJ | 278,252 | $57.6M | 2.52% |
| 17 | Marsh & McLennan Cos Inc | 571748102 | 267,244 | $49.6M | 2.17% |
| 18 | Edwards Lifesciences Corp | EW | 567,944 | $48.4M | 2.12% |
| 19 | Credicorp Ltd | BAP | 166,814 | $47.9M | 2.09% |
| 20 | NU Holdings Ltd/Cayman Islands | NU | 2,755,386 | $46.1M | 2.02% |