Institutional Manager · CIK 0002052594
BLI - Banque de Luxembourg Investments
LUXEMBOURG CITY, N4 · File #028-25159
Latest AUM
$3.41B
Positions
178
Top-10 Concentration
44.9%
Filings
5
Portfolio Value Over Time
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 | ZOETIS INCCL A | ZTS | +328,774 | +$41.6M | $0 |
| ADD | AMAZON COM INCCOM | AMZN | +87,740 | +$20.4M | +$3.9M |
| REDUCE | NVIDIA CORPORATIONCOM | NVDA | -105,811 | -$19.8M | +$3.9M |
| REDUCE | WATERS CORPCOM | 941848103 | -48,480 | -$18.6M | +$14.1M |
| REDUCE | VISA INCCOM CL A | V | -47,399 | -$16.8M | +$3.7M |
| NEW | ZEBRA TECHNOLOGIES CORPORATICL A | ZBRA | +63,900 | +$15.8M | $0 |
| NEW | BERKSHIRE HATHAWAY INC DELCL B NEW | BRK-A | +30,000 | +$15.1M | $0 |
| NEW | EDWARDS LIFESCIENCES CORPCOM | EW | +169,530 | +$14.6M | $0 |
| NEW | XYLEM INCCOM | XYL | +90,051 | +$12.4M | $0 |
| REDUCE | MASTERCARD INCORPORATEDCL A | MA | -21,273 | -$12.3M | +$1.4M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025178 pos · $3.41B
- 13F HOLDINGS REPORTQ/E Sep 2025170 pos · $3.43B
- 13F HOLDINGS REPORTQ/E Jun 2025175 pos · $3.49B
- 13F HOLDINGS REPORTQ/E Mar 2025138 pos · $3.30B
- 13F HOLDINGS REPORTQ/E Dec 2024134 pos · $3.68B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | MICROSOFT CORPCOM | MSFT | 449,519 | $219.2M | 8.77% |
| 2 | ALPHABET INCCAP STK CL A | GOOG | 583,785 | $183.2M | 7.33% |
| 3 | NVIDIA CORPORATIONCOM | NVDA | 583,809 | $109.5M | 4.38% |
| 4 | AMAZON COM INCCOM | AMZN | 469,390 | $109.1M | 4.37% |
| 5 | APPLE INCCOM | AAPL | 341,817 | $93.3M | 3.73% |
| 6 | UNION PAC CORPCOM | UNP | 375,712 | $87.6M | 3.50% |
| 7 | CANADIAN NATL RY COCOM | 136375102 | 844,888 | $83.7M | 3.35% |
| 8 | VISA INCCOM CL A | V | 233,941 | $82.8M | 3.31% |
| 9 | MASTERCARD INCORPORATEDCL A | MA | 135,087 | $78.0M | 3.12% |
| 10 | TAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS | 874039100 | 251,800 | $75.5M | 3.02% |
| 11 | ADOBE INCCOM | ADBE | 177,160 | $62.5M | 2.50% |
| 12 | COLGATE PALMOLIVE COCOM | CL | 764,344 | $60.8M | 2.43% |
| 13 | META PLATFORMS INCCL A | META | 85,864 | $57.2M | 2.29% |
| 14 | ACCENTURE PLC IRELANDSHS CLASS A | ACN | 206,099 | $55.7M | 2.23% |
| 15 | FRANCO NEV CORPCOM | FNV | 257,495 | $53.5M | 2.14% |
| 16 | RESMED INCCOM | RSMDF | 215,489 | $52.4M | 2.10% |
| 17 | AGNICO EAGLE MINES LTDCOM | AEM | 303,000 | $51.4M | 2.06% |
| 18 | PEPSICO INCCOM | PEP | 329,172 | $47.5M | 1.90% |
| 19 | VERISK ANALYTICS INCCOM | VRSK | 209,228 | $46.9M | 1.88% |
| 20 | WHEATON PRECIOUS METALS CORPCOM | WPM | 393,500 | $46.2M | 1.85% |