Institutional Manager · CIK 0001657111
NS Partners Ltd
LONDON, X0 · File #028-17035
Latest AUM
$2.55B
Positions
130
Top-10 Concentration
54.2%
Filings
9
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 |
|---|---|---|---|---|---|
| NEW | AURA MINERALS INC | AUGO | +277,300 | +$14.0M | $0 |
| NEW | INFOSYS LTD | INFY | +769,900 | +$13.7M | $0 |
| EXITED | CREDICORP LTD | G2519Y108 | -40,217 | -$10.7M | $0 |
| REDUCE | ICICI BANK LIMITED | IBN | -288,887 | -$8.6M | -$140,905 |
| ADD | HDFC BANK LTD | HDB | +225,500 | +$8.2M | +$1.7M |
| EXITED | VISTA ENERGY S.A.B. DE C.V. | 92837L109 | -180,100 | -$6.2M | $0 |
| REDUCE | TENCENT MUSIC ENTMT GROUP | XHLD | -343,500 | -$6.0M | -$6.4M |
| EXITED | QFIN HOLDINGS INC | 88557W101 | -179,447 | -$5.2M | $0 |
| ADD | GRAB HOLDINGS LIMITED | GRABW | +473,100 | +$2.4M | -$2.7M |
| REDUCE | FUTU HLDGS LTD | FUTU | -13,600 | -$2.2M | -$1.3M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025130 pos · $2.55B
- 13F HOLDINGS REPORTQ/E Sep 2025130 pos · $2.59B
- 13F HOLDINGS REPORTQ/E Jun 2025128 pos · $2.45B
- 13F HOLDINGS REPORTQ/E Mar 2025130 pos · $2.28B
- 13F HOLDINGS REPORTQ/E Dec 2024134 pos · $2.42B
- 13F HOLDINGS REPORTQ/E Sep 2024132 pos · $2.37B
- 13F HOLDINGS REPORTQ/E Jun 202474 pos · $2.21B
- 13F HOLDINGS REPORTQ/E Mar 202475 pos · $2.17B
- 13F HOLDINGS REPORTQ/E Dec 202375 pos · $1.86B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | MICROSOFT CORP | MSFT | 500,527 | $242.1M | 10.25% |
| 2 | NVIDIA CORPORATION | NVDA | 1,171,074 | $218.4M | 9.25% |
| 3 | ALPHABET INC | GOOG | 662,410 | $207.9M | 8.80% |
| 4 | APPLE INC | AAPL | 553,755 | $150.5M | 6.37% |
| 5 | AMAZON COM INC | AMZN | 516,815 | $119.3M | 5.05% |
| 6 | META PLATFORMS INC | META | 170,190 | $112.3M | 4.76% |
| 7 | INTUIT | INTU | 98,605 | $65.3M | 2.77% |
| 8 | MASTERCARD INCORPORATED | MA | 100,472 | $57.4M | 2.43% |
| 9 | VISA INC | V | 157,568 | $55.3M | 2.34% |
| 10 | JPMORGAN CHASE & CO. | VYLD | 160,382 | $51.7M | 2.19% |
| 11 | UNITEDHEALTH GROUP INC | UNH | 150,670 | $49.7M | 2.11% |
| 12 | MSCI INC | MSCI | 75,260 | $43.2M | 1.83% |
| 13 | MARRIOTT INTL INC NEW | 571903202 | 137,486 | $42.7M | 1.81% |
| 14 | S&P GLOBAL INC | SPGI | 79,199 | $41.4M | 1.75% |
| 15 | INTUITIVE SURGICAL INC | ISRG | 72,103 | $40.8M | 1.73% |
| 16 | STRYKER CORPORATION | SYK | 111,091 | $39.0M | 1.65% |
| 17 | NEXTERA ENERGY INC | NEE-PW | 484,982 | $38.9M | 1.65% |
| 18 | T-MOBILE US INC | TMUSZ | 188,815 | $38.3M | 1.62% |
| 19 | MOODYS CORP | MCO | 74,519 | $38.1M | 1.61% |
| 20 | MCDONALDS CORP | MCD | 120,777 | $36.9M | 1.56% |