Ninety One SA (Pty) Ltd 13F Filing History & Holdings

CIK: 0001491998

Concentrated strategyMomentum follower

Total reported value

$2.3B

Reporting period: 2026-03-31 · Number of holdings: 97

Ninety One SA (Pty) Ltd disclosed 97 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $2.3B and a quarterly turnover rate of 22.2%.

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Personality snowflake

Concentration: 100
Portfolio Stability: 22.18
Momentum/Contrarian: 100
Sector conviction: 54.64
Diversification: 100
Sizing Uniformity: 38.17

Ninety One SA (Pty) Ltd's disclosed holdings carry a Herfindahl concentration index of 0.404 — mathematically equivalent to about 2 equally-sized positions, well below its 97 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.

Position sizes vary widely across the portfolio (a coefficient of variation of 6.18), with a handful of outsized bets alongside many smaller positions.

No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.

Sector classification currently covers about 24% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.

Recent moves

Add AU
-4.1%　$91.6M
Trim MSFT
-25.4%　-$31.3M
Add META
+1045.9%　$15.7M
Trim BKNG
-43.9%　-$15.4M
Trim TKO
-51.6%　-$15.0M
Trim TTWO
-55.4%　-$12.3M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 96 holdings (of 97 total)

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	AU	AngloGold Ashanti plc	Stock-Materials	63.26%	+3.63%	-4.13%
2	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	2.88%	+0.49%	+33.98%
3	BRK-A	Berkshire Hathaway Inc-cl A	Stock-Other	2.79%	-0.18%	—
4	NVDA	Nvidia CORP	Stock-Tech	2.28%	—	+4.65%
5	MSFT	Microsoft CORP	Stock-Tech	1.75%	-1.36%	-25.42%
6	JNJ	Johnson & Johnson	Stock-Healthcare	1.60%	+0.38%	+11.81%
7	AAPL	Apple INC	Stock-Tech	1.08%	—	+7.36%
8	JPM	Jpmorgan Chase & Co	Stock-Financials	1.07%	—	+5.78%
9	V	Visa Inc-class A Shares	Stock-Financials	1.00%	—	+14.14%
10	AMZN	Amazon.com INC	Stock-Consumer Disc	0.98%	—	+5.06%
11	PM	Philip Morris International	Stock-Consumer Staples	0.92%	—	-1.31%
12	CVX	Chevron CORP	Stock-Energy	0.92%	+0.92%	NEW
13	EW	Edwards Lifesciences CORP	Stock-Healthcare	0.87%	+0.20%	+40.99%
14	VLO	Valero Energy CORP	Stock-Energy	0.84%	+0.30%	—
15	AEM	Agnico Eagle Mines LTD	Stock-Materials	0.80%	—	-10.90%
16	META	Meta Platforms Inc-class A	Stock-Comm Services	0.75%	+0.67%	+1045.86%
17	COP	Conocophillips	Stock-Energy	0.70%	+0.70%	NEW
18	TMO	Thermo Fisher Scientific INC	Stock-Healthcare	0.69%	—	+16.11%
19	CRH	CRH plc	Stock-Materials	0.65%	-0.10%	+5.37%
20	AVGO	Broadcom INC	Stock-Tech	0.65%	-0.37%	-27.33%
21	J	Jacobs Solutions INC	Stock-Industrials	0.59%	—	+5.26%
22	CFG	Citizens Financial Group	Stock-Financials	0.58%	+0.19%	+49.76%
23	TSM	Taiwan Semiconductor-sp Adr	Stock-Tech	0.58%	-0.42%	-45.22%
24	TKO	Tko Group Holdings INC	Stock-Comm Services	0.55%	-0.65%	-51.58%
25	MA	Mastercard INC - A	Stock-Financials	0.53%	-0.28%	-24.00%
26	BKNG	Booking Holdings INC	Stock-Consumer Disc	0.50%	-0.67%	-43.92%
27	PLNT	Planet Fitness INC - Cl A	Stock-Consumer Disc	0.49%	-0.19%	+5.48%
28	INTU	Intuit INC	Stock-Tech	0.48%	—	+78.07%
29	GS	Goldman Sachs Group INC	Stock-Financials	0.48%	-0.31%	-35.08%
30	RACE	Ferrari N.V.	Stock-Consumer Disc	0.48%	—	+5.39%
31	BA	Boeing Co/the	Stock-Industrials	0.48%	+0.46%	+3116.17%
32	SNX	TD Synnex CORP	Stock-Tech	0.38%	—	+5.12%
33	MCO	Moody's CORP	Stock-Financials	0.36%	—	+1.36%
34	KEY	Keycorp	Stock-Financials	0.35%	+0.35%	NEW
35	AER	AerCap Holdings N.V.	Stock-Industrials	0.35%	+0.33%	+1481.17%
36	NTES	Netease Inc-adr	Stock-Comm Services	0.33%	—	+16.26%
37	DAL	Delta Air Lines INC	Stock-Industrials	0.32%	—	+5.35%
38	ADSK	Autodesk INC	Stock-Tech	0.32%	-0.29%	-33.88%
39	PLD	Prologis INC	Stock-Real Estate	0.31%	—	+5.63%
40	SPGI	S&p Global INC	Stock-Financials	0.30%	—	+2.15%
41	TW	Tradeweb Markets Inc-class A	Stock-Financials	0.28%	—	+5.33%
42	TTWO	Take-two Interactive Softwre	Stock-Comm Services	0.28%	-0.53%	-55.43%
43	GNRC	Generac Holdings INC	Stock-Industrials	0.28%	+0.09%	+5.89%
44	TSLA	Tesla INC	Stock-Consumer Disc	0.27%	—	+5.85%
45	FDX	Fedex CORP	Stock-Industrials	0.25%	+0.25%	NEW
46	VRSK	Verisk Analytics INC	Stock-Industrials	0.25%	—	+3.28%
47	BSX	Boston Scientific CORP	Stock-Healthcare	0.25%	+0.22%	+1031.08%
48	GOOG	Alphabet Inc-cl C	Stock-Comm Services	0.21%	+0.21%	NEW
49	Z	Zillow Group INC - C	Stock-Comm Services	0.17%	-0.10%	+5.88%
50	CHKP	Check Point Software Technologies Ltd.	Stock-Tech	0.15%	—	-1.91%

1–50 of 96

Portfolio Performance

Performance for Q3 2026

-11.3%

Performance Last 4 Quarters

+8.9%

Based on 89% of reported portfolio value with available pricing

Stdev: +23.9%
Beta: +0.84
Alpha: +1.8%
Max Drawdown: -28.3%
Annualized Perf: +15.6%
Batting Avg vs S&P: +41.7%
Sortino: +1.23
Stutzer: +0.21
Treynor: +0.21
Sterling: +0.64
Calmar: +0.55
Information Ratio: -0.06
Tracking Error: +21.3%
Stdev Down: +14.1%
Winning Months %: +66.7%
Losing Months %: +33.3%
Best 12 Months: +67.2%
Worst 12 Months: +4.8%
Efficiency Ratio: +0.34
Sharpe: +0.72
Stdev Sectors: +8.9%
Skewness: +0.59
Kurtosis: +5.78
Upside Potential: +2.5

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	97	$2.3B	22	1AU 2GOOGL 3BRK-A Top holdings2026-03-31 1.AU 2.GOOGL 3.BRK-A 4.NVDA 5.MSFT 6.JNJ 7.AAPL 8.JPM 9.V 10.AMZN
2025-12-31	96	$2.3B	16	1AU 2MSFT 3BRK-A Top holdings2025-12-31 1.AU 2.MSFT 3.BRK-A 4.GOOGL 5.NVDA 6.JNJ 7.TKO 8.BKNG 9.JPM 10.AAPL
2025-09-30	97	$2.2B	100	1AU 2MSFT 3BRK-A Top holdings2025-09-30 1.AU 2.MSFT 3.BRK-A 4.NVDA 5.GOOGL 6.TKO 7.AMZN 8.BKNG 9.V 10.JPM
2025-06-30	74	$608.8M	0	1BRK-A 2MSFT 3TSM Top holdings2025-06-30 1.BRK-A 2.MSFT 3.TSM 4.AMZN 5.BKNG 6.GS 7.V 8.GOOGL 9.NVDA 10.ADSK
2025-03-31	74	$539.6M	100	1BRK-A 2AMZN 3MSFT Top holdings2025-03-31 1.BRK-A 2.AMZN 3.MSFT 4.V 5.KGC 6.JPM 7.BKNG 8.GOOGL 9.META 10.ADSK
2024-12-31	74	$453.4M	0	1BRK-A 2AMZN 3JPM Top holdings2024-12-31 1.BRK-A 2.AMZN 3.JPM 4.NFLX 5.MSFT 6.NVDA 7.BAC 8.V 9.GOOGL 10.AAPL
2024-09-30	75	$457.9M	0	1BRK-A 2MSFT 3AMZN Top holdings2024-09-30 1.BRK-A 2.MSFT 3.AMZN 4.JPM 5.C 6.MS 7.NFLX 8.NVDA 9.AAPL 10.GOOGL
2024-06-30	71	$645.1M	0	1MSFT 2BRK-A 3TSM Top holdings2024-06-30 1.MSFT 2.BRK-A 3.TSM 4.AAPL 5.GOOGL 6.AMZN 7.NVDA 8.BKNG 9.V 10.MS
2024-03-31	73	$694.3M	0	1MSFT 2BRK-A 3AMZN Top holdings2024-03-31 1.MSFT 2.BRK-A 3.AMZN 4.GOOGL 5.XOM 6.STZ 7.TSM 8.ELV 9.V 10.C
2023-12-31	71	$657.5M	0	1MSFT 2BRK-A 3AMZN Top holdings2023-12-31 1.MSFT 2.BRK-A 3.AMZN 4.ABX 5.JPM 6.XOM 7.GOOGL 8.RYAAY 9.GM 10.ELV
2023-09-30	69	$517.6M	0	1BRK-A 2MSFT 3XOM Top holdings2023-09-30 1.BRK-A 2.MSFT 3.XOM 4.AMZN 5.JPM 6.TKO 7.VLO 8.OXY 9.GOOGL 10.RYAAY
2023-06-30	65	$404.5M	0	1BRK-A 2MSFT 3WWEUSD Top holdings2023-06-30 1.BRK-A 2.MSFT 3.WWEUSD 4.PEP 5.AMZN 6.ABX 7.JPM 8.MA 9.GOOGL 10.KO
2023-03-31	73	$393.3M	0	1BRK-A 2MSFT 3ABX Top holdings2023-03-31 1.BRK-A 2.MSFT 3.ABX 4.PM 5.PEP 6.GIS 7.CVX 8.WWEUSD 9.VLO 10.KO
2022-12-31	72	$307.7M	0	1BRK-A 2ABX 3NEM Top holdings2022-12-31 1.BRK-A 2.ABX 3.NEM 4.GOOGL 5.MSFT 6.VLO 7.UNH 8.ELV 9.JNJ 10.MA
2022-09-30	77	$252.3M	0	1BRK-A 2GOOGL 3MSFT Top holdings2022-09-30 1.BRK-A 2.GOOGL 3.MSFT 4.UNH 5.JNJ 6.ELV 7.AAPL 8.MA 9.NEE 10.SBSW
2022-06-30	97	$282.4M	0	1BRK-A 2MSFT 3BKNG Top holdings2022-06-30 1.BRK-A 2.MSFT 3.BKNG 4.UNH 5.VLO 6.GOOGL 7.MA 8.V 9.JNJ 10.AAPL
2022-03-31	104	$357.8M	0	1BRK-A 2MSFT 3GOOGL Top holdings2022-03-31 1.BRK-A 2.MSFT 3.GOOGL 4.MS 5.UNH 6.AMZN 7.LYB 8.JNJ 9.V 10.AAPL
2021-12-31	112	$342.4M	0	1BRK-A 2MSFT 3MS Top holdings2021-12-31 1.BRK-A 2.MSFT 3.MS 4.NFLX 5.GOOGL 6.UNH 7.AMZN 8.NEM 9.JNJ 10.V
2021-09-30	109	$257.3M	0	1BRK-A 2PANW 3JPM Top holdings2021-09-30 1.BRK-A 2.PANW 3.JPM 4.MSFT 5.GOOGL 6.AMZN 7.UNH 8.CNXC 9.KEYS 10.META
2021-06-30	112	$273.2M	98	1BRK-A2G8766E3META Top holdings2021-06-30 1.BRK-A 2.G8766E 3.META 4.MSFT 5.GOOGL 6.AMZN 7.UNH 8.CNXC 9.LRCXEUR 10.KEYS
2021-03-31	113	$263.2M	39	1BRK-A2G8766E3GM Top holdings2021-03-31 1.BRK-A 2.G8766E 3.GM 4.MSFT 5.UNH 6.GOOGL 7.CNXC 8.AMZN 9.C 10.LRCXEUR
2020-12-31	113	$254.5M	40	1BRK-A2G8766E3AMZN Top holdings2020-12-31 1.BRK-A 2.G8766E 3.AMZN 4.WMT 5.MSFT 6.UNH 7.GOOGL 8.C 9.ALLY 10.KEYS
2020-09-30	105	$197.6M	70	1BRK-A2G8766E3MSFT Top holdings2020-09-30 1.BRK-A 2.G8766E 3.MSFT 4.AMZN 5.GOOGL 6.UNH 7.META 8.ABX 9.NOMD 10.V
2020-06-30	89	$209.0M	56	1BRK-A 2WMT 3ABX Top holdings2020-06-30 1.BRK-A 2.WMT 3.ABX 4.G8766E 5.NKE 6.ATVIEUR 7.MA 8.MSFT 9.AMZN 10.GOOGL
2020-03-31	109	$204.1M	73	1BRK-A 2NKE 3GOOGL Top holdings2020-03-31 1.BRK-A 2.NKE 3.GOOGL 4.WMT 5.G8766E 6.MSFT 7.AMZN 8.BKNG 9.UNH 10.CHE
2019-12-31	103	$177.4M	0	1BRK-A 2MSFT 3GOOGL Top holdings2019-12-31 1.BRK-A 2.MSFT 3.GOOGL 4.BKNG 5.DLR 6.AMZN 7.PYPL 8.C 9.MRK 10.BPOP
2019-09-30	103	$177.4M	16	1BRK-A 2MSFT 3GOOGL Top holdings2019-09-30 1.BRK-A 2.MSFT 3.GOOGL 4.BKNG 5.DLR 6.AMZN 7.PYPL 8.C 9.MRK 10.BPOP
2019-06-30	103	$178.8M	35	1BRK-A 2MSFT 3BKNG Top holdings2019-06-30 1.BRK-A 2.MSFT 3.BKNG 4.AMZN 5.GOOGL 6.PYPL 7.DLR 8.C 9.NOMD 10.MRK
2019-03-31	108	$189.3M	19	1BRK-A 2JNJ 3GOOGL Top holdings2019-03-31 1.BRK-A 2.JNJ 3.GOOGL 4.MSFT 5.AMZN 6.DLR 7.C 8.BKNG 9.PYPL 10.UNH
2018-12-31	113	$170.3M	100	1BRK-A 2JNJ 3GOOGL Top holdings2018-12-31 1.BRK-A 2.JNJ 3.GOOGL 4.AMZN 5.DLR 6.C 7.BKNG 8.UNH 9.PYPL 10.MRK
2018-09-30	108	$611.3M	37	1BABA 2BIDU 3JNJ Top holdings2018-09-30 1.BABA 2.BIDU 3.JNJ 4.BRK-A 5.VALE 6.TSM 7.AVGO 8.INFY 9.MSFT 10.BAP
2018-06-30	131	$738.0M	100	1BABA 2BIDU 3JNJ Top holdings2018-06-30 1.BABA 2.BIDU 3.JNJ 4.BRK-A 5.FMX 6.AVGO 7.INFY 8.VALE 9.TSM 10.MSFT
2018-03-31	98	$213.3M	29	1BRK-A 2FMX 3JNJ Top holdings2018-03-31 1.BRK-A 2.FMX 3.JNJ 4.PFE 5.PM 6.MSFT 7.BKNG 8.HON 9.GOOGL 10.PLNT
2017-12-31	75	$200.4M	18	1JNJ 2BRK-A 3FMX Top holdings2017-12-31 1.JNJ 2.BRK-A 3.FMX 4.PFE 5.PM 6.MSFT 7.C 8.HON 9.META 10.GOOGL
2017-09-30	75	$189.5M	19	1FMX 2JNJ 3BRK-A Top holdings2017-09-30 1.FMX 2.JNJ 3.BRK-A 4.PM 5.PFE 6.MSFT 7.BKNG 8.C 9.HON 10.META
2017-06-30	79	$180.4M	23	1FMX 2JNJ 3BRK-A Top holdings2017-06-30 1.FMX 2.JNJ 3.BRK-A 4.PM 5.PFE 6.BKNG 7.MSFT 8.CMCSA 9.META 10.VMWEUR
2017-03-31	78	$153.4M	24	1FMX 2JNJ 3BRK-A Top holdings2017-03-31 1.FMX 2.JNJ 3.BRK-A 4.PM 5.PFE 6.BKNG 7.MSFT 8.VMWEUR 9.TSM 10.CMCSA
2016-12-31	79	$147.1M	26	1JNJ 2FMX 3BRK-A Top holdings2016-12-31 1.JNJ 2.FMX 3.BRK-A 4.PFE 5.PM 6.BKNG 7.C 8.BNY 9.VMWEUR 10.TSM
2016-09-30	86	$157.4M	41	1FMX 2JNJ 3BRK-A Top holdings2016-09-30 1.FMX 2.JNJ 3.BRK-A 4.PFE 5.PM 6.BKNG 7.TSM 8.ATVIEUR 9.AVGO 10.CMCSA
2016-06-30	64	$116.0M	19	1FMX 2JNJ 3BRK-A Top holdings2016-06-30 1.FMX 2.JNJ 3.BRK-A 4.PFE 5.PM 6.NBIS 7.V 8.CHKP 9.BKNG 10.JPM
2016-03-31	27	$105.3M	24	1FMX 2JNJ 3BRK-A Top holdings2016-03-31 1.FMX 2.JNJ 3.BRK-A 4.PM 5.PFE 6.MSFT 7.REYN 8.CHKP 9.V 10.MCD
2015-12-31	27	$113.1M	15	1FMX 2JNJ 3BRK-A Top holdings2015-12-31 1.FMX 2.JNJ 3.BRK-A 4.APC3EUR 5.PFE 6.PM 7.MSFT 8.REYN 9.V 10.CHKP
2015-09-30	30	$109.7M	7	1FMX 2APC3EUR 3BRK-A Top holdings2015-09-30 1.FMX 2.APC3EUR 3.BRK-A 4.JNJ 5.PFE 6.PM 7.REYN 8.V 9.MSFT 10.MCO
2015-06-30	23	$108.8M	0	1FMX 2APC3EUR 3BRK-A Top holdings2015-06-30 1.FMX 2.APC3EUR 3.BRK-A 4.JNJ 5.PFE 6.PM 7.MSFT 8.MCO 9.BUD 10.V

Holding changes this quarter

Ninety One SA (Pty) Ltd's most significant position changes for 2026-03-31: New buy: Chevron CORP (CVX); New buy: Conocophillips (COP); Sold out: Netflix INC (NFLX); Sold out: Aecom (ACM); Sold out: Hdfc Bank Ltd-adr (HDB).

Position changes disclosed by Ninety One SA (Pty) Ltd for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	AU	AngloGold Ashanti plc	+3.6%	-4.13%	Trim
2	META	Meta Platforms Inc-class A	+0.7%	+1045.86%	Add
3	GOOGL	Alphabet Inc-cl A	+0.5%	+33.98%	Add
4	BA	Boeing Co/the	+0.5%	+3116.17%	Add
5	JNJ	Johnson & Johnson	+0.4%	+11.81%	Add
6	AER	AerCap Holdings N.V.	+0.3%	+1481.17%	Add
7	VLO	Valero Energy CORP	+0.3%	—	Unchanged
8	BSX	Boston Scientific CORP	+0.2%	+1031.08%	Add
9	EW	Edwards Lifesciences CORP	+0.2%	+40.99%	Add
10	CFG	Citizens Financial Group	+0.2%	+49.76%	Add
11	ICE	Intercontinental Exchange In	+0.1%	+709.38%	Add
12	GNRC	Generac Holdings INC	+0.1%	+5.89%	Add
13	MRK	Merck & Co. INC.	-0.1%	-80.94%	Trim
14	Z	Zillow Group INC - C	-0.1%	+5.88%	Add
15	CRH	CRH plc	-0.1%	+5.37%	Add
16	BRK-A	Berkshire Hathaway Inc-cl A	-0.2%	—	Unchanged
17	PLNT	Planet Fitness INC - Cl A	-0.2%	+5.48%	Add
18	MA	Mastercard INC - A	-0.3%	-24.00%	Trim
19	ADSK	Autodesk INC	-0.3%	-33.88%	Trim
20	GS	Goldman Sachs Group INC	-0.3%	-35.08%	Trim
21	AVGO	Broadcom INC	-0.4%	-27.33%	Trim
22	GM	General Motors Co	-0.4%	-94.27%	Trim
23	TSM	Taiwan Semiconductor-sp Adr	-0.4%	-45.22%	Trim
24	EA	Electronic Arts INC	-0.5%	-94.67%	Trim
25	TTWO	Take-two Interactive Softwre	-0.5%	-55.43%	Trim
26	TKO	Tko Group Holdings INC	-0.7%	-51.58%	Trim
27	BKNG	Booking Holdings INC	-0.7%	-43.92%	Trim
28	MSFT	Microsoft CORP	-1.4%	-25.42%	Trim
29	CVX	Chevron CORP	—	NEW	New buy
30	COP	Conocophillips	—	NEW	New buy
31	NFLX	Netflix INC	—	EXIT	Sold out
32	ACM	Aecom	—	EXIT	Sold out
33	HDB	Hdfc Bank Ltd-adr	—	EXIT	Sold out
34	KEY	Keycorp	—	NEW	New buy
35	TTE	Totalenergies Se	—	EXIT	Sold out
36	TECK	Teck Resources Ltd-cls B	—	EXIT	Sold out
37	TWLO	Twilio INC - A	—	EXIT	Sold out
38	ICLR	ICON Public Limited Company	—	EXIT	Sold out
39	FDX	Fedex CORP	—	NEW	New buy
40	PINS	Pinterest Inc- Class A	—	EXIT	Sold out
41	SW	Smurfit Westrock Plc	—	EXIT	Sold out
42	BROS	Dutch Bros Inc-class A	—	EXIT	Sold out
43	DASH	Doordash INC - A	—	EXIT	Sold out
44	GOOG	Alphabet Inc-cl C	—	NEW	New buy
45	IWM	Ishares Russell 2000 ETF	—	NEW	New buy
46	UNH	Unitedhealth Group INC	—	NEW	New buy
47	CME	Cme Group INC	—	NEW	New buy
48	HLT	Hilton Worldwide Holdings In	—	NEW	New buy
49	AON	Aon plc	—	NEW	New buy
50	YUM	Yum! Brands INC	—	NEW	New buy

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-04-24	13F-HR	View on EDGAR
2025-12-31	2026-01-27	13F-HR	View on EDGAR
2025-09-30	2025-11-13	Amendment	View on EDGAR
2025-09-30	2025-10-21	13F-HR	View on EDGAR
2025-06-30	2025-07-18	13F-HR	View on EDGAR
2025-03-31	2025-04-30	13F-HR	View on EDGAR
2024-12-31	2025-01-27	13F-HR	View on EDGAR
2024-09-30	2024-11-12	13F-HR	View on EDGAR
2024-06-30	2024-07-22	13F-HR	View on EDGAR
2024-03-31	2024-04-25	13F-HR	View on EDGAR
2023-12-31	2024-01-31	13F-HR	View on EDGAR
2023-09-30	2023-10-10	13F-HR	View on EDGAR
2023-06-30	2023-07-19	13F-HR	View on EDGAR
2023-03-31	2023-04-28	13F-HR	View on EDGAR
2022-12-31	2023-02-07	13F-HR	View on EDGAR
2022-09-30	2022-11-14	13F-HR	View on EDGAR
2022-06-30	2022-08-15	13F-HR	View on EDGAR
2022-03-31	2022-04-27	13F-HR	View on EDGAR
2021-12-31	2022-02-11	13F-HR	View on EDGAR
2021-09-30	2021-11-02	13F-HR	View on EDGAR
2021-06-30	2021-08-12	13F-HR	View on EDGAR
2021-03-31	2021-05-07	13F-HR	View on EDGAR
2020-12-31	2021-02-05	13F-HR	View on EDGAR
2020-09-30	2020-11-12	13F-HR	View on EDGAR
2020-06-30	2020-09-04	Amendment	View on EDGAR
2020-06-30	2020-08-13	13F-HR	View on EDGAR
2020-03-31	2020-05-13	13F-HR	View on EDGAR
2019-12-31	2020-02-07	13F-HR	View on EDGAR
2019-09-30	2019-11-14	13F-HR	View on EDGAR
2019-06-30	2019-07-30	13F-HR	View on EDGAR
2019-03-31	2019-04-24	13F-HR	View on EDGAR
2018-12-31	2019-02-08	13F-HR	View on EDGAR
2018-09-30	2018-11-13	13F-HR	View on EDGAR
2018-06-30	2018-08-10	13F-HR	View on EDGAR
2018-03-31	2018-05-14	13F-HR	View on EDGAR
2017-12-31	2018-02-13	13F-HR	View on EDGAR
2017-09-30	2017-11-13	13F-HR	View on EDGAR
2017-06-30	2017-08-11	13F-HR	View on EDGAR
2017-03-31	2017-05-12	13F-HR	View on EDGAR
2016-12-31	2017-02-10	13F-HR	View on EDGAR
2016-09-30	2016-11-14	13F-HR	View on EDGAR
2016-06-30	2016-08-12	13F-HR	View on EDGAR
2016-03-31	2016-05-12	13F-HR	View on EDGAR
2015-12-31	2016-02-16	13F-HR	View on EDGAR
2015-09-30	2015-10-30	13F-HR	View on EDGAR
2015-06-30	2015-08-11	13F-HR	View on EDGAR

FAQ

What is Ninety One SA (Pty) Ltd and what type of investor is it?

Ninety One SA (Pty) Ltd is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $2.3B, spread across 97 disclosed positions.

What are Ninety One SA (Pty) Ltd's largest equity positions?

Based on the latest 13F filing, Ninety One SA (Pty) Ltd's top holdings by market value are: 1. AngloGold Ashanti plc (AU) — $1.5B (63.3%) 2. Alphabet Inc-cl A (GOOGL) — $67.0M (2.9%) 3. Berkshire Hathaway Inc-cl A (BRK-A) — $64.8M (2.8%) 4. Nvidia CORP (NVDA) — $53.2M (2.3%) 5. Microsoft CORP (MSFT) — $40.7M (1.8%)

What changes did Ninety One SA (Pty) Ltd make in its most recent portfolio filing?

In the latest reported quarter, Ninety One SA (Pty) Ltd made 48 notable position adjustments: 11 new positions were initiated, 13 existing holdings were added to, 13 positions were partially reduced, and 11 were completely exited. The largest of these moves: New buy: Chevron CORP (CVX); New buy: Conocophillips (COP); Sold out: Netflix INC (NFLX); Sold out: Aecom (ACM); Sold out: Hdfc Bank Ltd-adr (HDB)

What sectors does Ninety One SA (Pty) Ltd focus on?

Ninety One SA (Pty) Ltd is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 30.8% • Communication Services: 17.3% • Financials: 16.8% • Health Care: 12.2% • Consumer Discretionary: 8.1% • Energy: 7.2%

Peer Institutions

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Strategic Wealth Advisors Group, LLC

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Total reported value

$2.3B

555 stks

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Stale — no recent filing

Concentration4.2

Portfolio Stability0.0

Sector conviction63.1

AUM within 0.0% of this institution

View detail

Sageworth Trust Co

CIK 0001482688

Total reported value

$2.3B

172 stks

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Concentration33.0

Portfolio Stability8.3

Sector conviction61.3

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Motley Fool Asset Management LLC

CIK 0001512814

Total reported value

$2.3B

237 stks

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Concentration10.7

Portfolio Stability20.1

Sector conviction57.9

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Similar Holdings Style

Institutions with overlapping top holdings

Mirae Asset Global Investments Co., Ltd.

CIK 0001569395

Total reported value

$299.3B

2,356 stks

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Concentration100.0

Portfolio Stability100.0

Sector conviction68.1

4 of the top 5 holdings overlap, including Berkshire Hathaway Inc-cl A

View detail

Adams Diversified Equity Fund, INC.

CIK 0000002230

Total reported value

$2.8B

99 stks

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Concentration10.3

Portfolio Stability36.4

Sector conviction68.6

3 of the top 5 holdings overlap, including Nvidia CORP

View detail

Associated Banc-Corp

CIK 0000007789

Total reported value

$3.8B

332 stks

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Concentration6.8

Portfolio Stability14.2

Sector conviction44.0

3 of the top 5 holdings overlap, including Alphabet Inc-cl A

View detail

Ninety One SA (Pty) Ltd 13F Filing History & Holdings

CIK: 0001491998

Concentrated strategyMomentum follower

Total reported value

$2.3B

Reporting period: 2026-03-31 · Number of holdings: 97

Ninety One SA (Pty) Ltd disclosed 97 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $2.3B and a quarterly turnover rate of 22.2%.

Browse other institutions with $1B to $10B AUM Browse other institutions starting with "N"

Personality snowflake

Concentration: 100
Portfolio Stability: 22.18
Momentum/Contrarian: 100
Sector conviction: 54.64
Diversification: 100
Sizing Uniformity: 38.17

Position sizes vary widely across the portfolio (a coefficient of variation of 6.18), with a handful of outsized bets alongside many smaller positions.

No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.

Recent moves

Add AU
-4.1%　$91.6M
Trim MSFT
-25.4%　-$31.3M
Add META
+1045.9%　$15.7M
Trim BKNG
-43.9%　-$15.4M
Trim TKO
-51.6%　-$15.0M
Trim TTWO
-55.4%　-$12.3M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 96 holdings (of 97 total)

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	AU	AngloGold Ashanti plc	Stock-Materials	63.26%	+3.63%	-4.13%
2	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	2.88%	+0.49%	+33.98%
3	BRK-A	Berkshire Hathaway Inc-cl A	Stock-Other	2.79%	-0.18%	—
4	NVDA	Nvidia CORP	Stock-Tech	2.28%	—	+4.65%
5	MSFT	Microsoft CORP	Stock-Tech	1.75%	-1.36%	-25.42%
6	JNJ	Johnson & Johnson	Stock-Healthcare	1.60%	+0.38%	+11.81%
7	AAPL	Apple INC	Stock-Tech	1.08%	—	+7.36%
8	JPM	Jpmorgan Chase & Co	Stock-Financials	1.07%	—	+5.78%
9	V	Visa Inc-class A Shares	Stock-Financials	1.00%	—	+14.14%
10	AMZN	Amazon.com INC	Stock-Consumer Disc	0.98%	—	+5.06%
11	PM	Philip Morris International	Stock-Consumer Staples	0.92%	—	-1.31%
12	CVX	Chevron CORP	Stock-Energy	0.92%	+0.92%	NEW
13	EW	Edwards Lifesciences CORP	Stock-Healthcare	0.87%	+0.20%	+40.99%
14	VLO	Valero Energy CORP	Stock-Energy	0.84%	+0.30%	—
15	AEM	Agnico Eagle Mines LTD	Stock-Materials	0.80%	—	-10.90%
16	META	Meta Platforms Inc-class A	Stock-Comm Services	0.75%	+0.67%	+1045.86%
17	COP	Conocophillips	Stock-Energy	0.70%	+0.70%	NEW
18	TMO	Thermo Fisher Scientific INC	Stock-Healthcare	0.69%	—	+16.11%
19	CRH	CRH plc	Stock-Materials	0.65%	-0.10%	+5.37%
20	AVGO	Broadcom INC	Stock-Tech	0.65%	-0.37%	-27.33%
21	J	Jacobs Solutions INC	Stock-Industrials	0.59%	—	+5.26%
22	CFG	Citizens Financial Group	Stock-Financials	0.58%	+0.19%	+49.76%
23	TSM	Taiwan Semiconductor-sp Adr	Stock-Tech	0.58%	-0.42%	-45.22%
24	TKO	Tko Group Holdings INC	Stock-Comm Services	0.55%	-0.65%	-51.58%
25	MA	Mastercard INC - A	Stock-Financials	0.53%	-0.28%	-24.00%
26	BKNG	Booking Holdings INC	Stock-Consumer Disc	0.50%	-0.67%	-43.92%
27	PLNT	Planet Fitness INC - Cl A	Stock-Consumer Disc	0.49%	-0.19%	+5.48%
28	INTU	Intuit INC	Stock-Tech	0.48%	—	+78.07%
29	GS	Goldman Sachs Group INC	Stock-Financials	0.48%	-0.31%	-35.08%
30	RACE	Ferrari N.V.	Stock-Consumer Disc	0.48%	—	+5.39%
31	BA	Boeing Co/the	Stock-Industrials	0.48%	+0.46%	+3116.17%
32	SNX	TD Synnex CORP	Stock-Tech	0.38%	—	+5.12%
33	MCO	Moody's CORP	Stock-Financials	0.36%	—	+1.36%
34	KEY	Keycorp	Stock-Financials	0.35%	+0.35%	NEW
35	AER	AerCap Holdings N.V.	Stock-Industrials	0.35%	+0.33%	+1481.17%
36	NTES	Netease Inc-adr	Stock-Comm Services	0.33%	—	+16.26%
37	DAL	Delta Air Lines INC	Stock-Industrials	0.32%	—	+5.35%
38	ADSK	Autodesk INC	Stock-Tech	0.32%	-0.29%	-33.88%
39	PLD	Prologis INC	Stock-Real Estate	0.31%	—	+5.63%
40	SPGI	S&p Global INC	Stock-Financials	0.30%	—	+2.15%
41	TW	Tradeweb Markets Inc-class A	Stock-Financials	0.28%	—	+5.33%
42	TTWO	Take-two Interactive Softwre	Stock-Comm Services	0.28%	-0.53%	-55.43%
43	GNRC	Generac Holdings INC	Stock-Industrials	0.28%	+0.09%	+5.89%
44	TSLA	Tesla INC	Stock-Consumer Disc	0.27%	—	+5.85%
45	FDX	Fedex CORP	Stock-Industrials	0.25%	+0.25%	NEW
46	VRSK	Verisk Analytics INC	Stock-Industrials	0.25%	—	+3.28%
47	BSX	Boston Scientific CORP	Stock-Healthcare	0.25%	+0.22%	+1031.08%
48	GOOG	Alphabet Inc-cl C	Stock-Comm Services	0.21%	+0.21%	NEW
49	Z	Zillow Group INC - C	Stock-Comm Services	0.17%	-0.10%	+5.88%
50	CHKP	Check Point Software Technologies Ltd.	Stock-Tech	0.15%	—	-1.91%

1–50 of 96

Portfolio Performance

Performance for Q3 2026

-11.3%

Performance Last 4 Quarters

+8.9%

Based on 89% of reported portfolio value with available pricing

Stdev: +23.9%
Beta: +0.84
Alpha: +1.8%
Max Drawdown: -28.3%
Annualized Perf: +15.6%
Batting Avg vs S&P: +41.7%
Sortino: +1.23
Stutzer: +0.21
Treynor: +0.21
Sterling: +0.64
Calmar: +0.55
Information Ratio: -0.06
Tracking Error: +21.3%
Stdev Down: +14.1%
Winning Months %: +66.7%
Losing Months %: +33.3%
Best 12 Months: +67.2%
Worst 12 Months: +4.8%
Efficiency Ratio: +0.34
Sharpe: +0.72
Stdev Sectors: +8.9%
Skewness: +0.59
Kurtosis: +5.78
Upside Potential: +2.5

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	97	$2.3B	22	1AU 2GOOGL 3BRK-A Top holdings2026-03-31 1.AU 2.GOOGL 3.BRK-A 4.NVDA 5.MSFT 6.JNJ 7.AAPL 8.JPM 9.V 10.AMZN
2025-12-31	96	$2.3B	16	1AU 2MSFT 3BRK-A Top holdings2025-12-31 1.AU 2.MSFT 3.BRK-A 4.GOOGL 5.NVDA 6.JNJ 7.TKO 8.BKNG 9.JPM 10.AAPL
2025-09-30	97	$2.2B	100	1AU 2MSFT 3BRK-A Top holdings2025-09-30 1.AU 2.MSFT 3.BRK-A 4.NVDA 5.GOOGL 6.TKO 7.AMZN 8.BKNG 9.V 10.JPM
2025-06-30	74	$608.8M	0	1BRK-A 2MSFT 3TSM Top holdings2025-06-30 1.BRK-A 2.MSFT 3.TSM 4.AMZN 5.BKNG 6.GS 7.V 8.GOOGL 9.NVDA 10.ADSK
2025-03-31	74	$539.6M	100	1BRK-A 2AMZN 3MSFT Top holdings2025-03-31 1.BRK-A 2.AMZN 3.MSFT 4.V 5.KGC 6.JPM 7.BKNG 8.GOOGL 9.META 10.ADSK
2024-12-31	74	$453.4M	0	1BRK-A 2AMZN 3JPM Top holdings2024-12-31 1.BRK-A 2.AMZN 3.JPM 4.NFLX 5.MSFT 6.NVDA 7.BAC 8.V 9.GOOGL 10.AAPL
2024-09-30	75	$457.9M	0	1BRK-A 2MSFT 3AMZN Top holdings2024-09-30 1.BRK-A 2.MSFT 3.AMZN 4.JPM 5.C 6.MS 7.NFLX 8.NVDA 9.AAPL 10.GOOGL
2024-06-30	71	$645.1M	0	1MSFT 2BRK-A 3TSM Top holdings2024-06-30 1.MSFT 2.BRK-A 3.TSM 4.AAPL 5.GOOGL 6.AMZN 7.NVDA 8.BKNG 9.V 10.MS
2024-03-31	73	$694.3M	0	1MSFT 2BRK-A 3AMZN Top holdings2024-03-31 1.MSFT 2.BRK-A 3.AMZN 4.GOOGL 5.XOM 6.STZ 7.TSM 8.ELV 9.V 10.C
2023-12-31	71	$657.5M	0	1MSFT 2BRK-A 3AMZN Top holdings2023-12-31 1.MSFT 2.BRK-A 3.AMZN 4.ABX 5.JPM 6.XOM 7.GOOGL 8.RYAAY 9.GM 10.ELV
2023-09-30	69	$517.6M	0	1BRK-A 2MSFT 3XOM Top holdings2023-09-30 1.BRK-A 2.MSFT 3.XOM 4.AMZN 5.JPM 6.TKO 7.VLO 8.OXY 9.GOOGL 10.RYAAY
2023-06-30	65	$404.5M	0	1BRK-A 2MSFT 3WWEUSD Top holdings2023-06-30 1.BRK-A 2.MSFT 3.WWEUSD 4.PEP 5.AMZN 6.ABX 7.JPM 8.MA 9.GOOGL 10.KO
2023-03-31	73	$393.3M	0	1BRK-A 2MSFT 3ABX Top holdings2023-03-31 1.BRK-A 2.MSFT 3.ABX 4.PM 5.PEP 6.GIS 7.CVX 8.WWEUSD 9.VLO 10.KO
2022-12-31	72	$307.7M	0	1BRK-A 2ABX 3NEM Top holdings2022-12-31 1.BRK-A 2.ABX 3.NEM 4.GOOGL 5.MSFT 6.VLO 7.UNH 8.ELV 9.JNJ 10.MA
2022-09-30	77	$252.3M	0	1BRK-A 2GOOGL 3MSFT Top holdings2022-09-30 1.BRK-A 2.GOOGL 3.MSFT 4.UNH 5.JNJ 6.ELV 7.AAPL 8.MA 9.NEE 10.SBSW
2022-06-30	97	$282.4M	0	1BRK-A 2MSFT 3BKNG Top holdings2022-06-30 1.BRK-A 2.MSFT 3.BKNG 4.UNH 5.VLO 6.GOOGL 7.MA 8.V 9.JNJ 10.AAPL
2022-03-31	104	$357.8M	0	1BRK-A 2MSFT 3GOOGL Top holdings2022-03-31 1.BRK-A 2.MSFT 3.GOOGL 4.MS 5.UNH 6.AMZN 7.LYB 8.JNJ 9.V 10.AAPL
2021-12-31	112	$342.4M	0	1BRK-A 2MSFT 3MS Top holdings2021-12-31 1.BRK-A 2.MSFT 3.MS 4.NFLX 5.GOOGL 6.UNH 7.AMZN 8.NEM 9.JNJ 10.V
2021-09-30	109	$257.3M	0	1BRK-A 2PANW 3JPM Top holdings2021-09-30 1.BRK-A 2.PANW 3.JPM 4.MSFT 5.GOOGL 6.AMZN 7.UNH 8.CNXC 9.KEYS 10.META
2021-06-30	112	$273.2M	98	1BRK-A2G8766E3META Top holdings2021-06-30 1.BRK-A 2.G8766E 3.META 4.MSFT 5.GOOGL 6.AMZN 7.UNH 8.CNXC 9.LRCXEUR 10.KEYS
2021-03-31	113	$263.2M	39	1BRK-A2G8766E3GM Top holdings2021-03-31 1.BRK-A 2.G8766E 3.GM 4.MSFT 5.UNH 6.GOOGL 7.CNXC 8.AMZN 9.C 10.LRCXEUR
2020-12-31	113	$254.5M	40	1BRK-A2G8766E3AMZN Top holdings2020-12-31 1.BRK-A 2.G8766E 3.AMZN 4.WMT 5.MSFT 6.UNH 7.GOOGL 8.C 9.ALLY 10.KEYS
2020-09-30	105	$197.6M	70	1BRK-A2G8766E3MSFT Top holdings2020-09-30 1.BRK-A 2.G8766E 3.MSFT 4.AMZN 5.GOOGL 6.UNH 7.META 8.ABX 9.NOMD 10.V
2020-06-30	89	$209.0M	56	1BRK-A 2WMT 3ABX Top holdings2020-06-30 1.BRK-A 2.WMT 3.ABX 4.G8766E 5.NKE 6.ATVIEUR 7.MA 8.MSFT 9.AMZN 10.GOOGL
2020-03-31	109	$204.1M	73	1BRK-A 2NKE 3GOOGL Top holdings2020-03-31 1.BRK-A 2.NKE 3.GOOGL 4.WMT 5.G8766E 6.MSFT 7.AMZN 8.BKNG 9.UNH 10.CHE
2019-12-31	103	$177.4M	0	1BRK-A 2MSFT 3GOOGL Top holdings2019-12-31 1.BRK-A 2.MSFT 3.GOOGL 4.BKNG 5.DLR 6.AMZN 7.PYPL 8.C 9.MRK 10.BPOP
2019-09-30	103	$177.4M	16	1BRK-A 2MSFT 3GOOGL Top holdings2019-09-30 1.BRK-A 2.MSFT 3.GOOGL 4.BKNG 5.DLR 6.AMZN 7.PYPL 8.C 9.MRK 10.BPOP
2019-06-30	103	$178.8M	35	1BRK-A 2MSFT 3BKNG Top holdings2019-06-30 1.BRK-A 2.MSFT 3.BKNG 4.AMZN 5.GOOGL 6.PYPL 7.DLR 8.C 9.NOMD 10.MRK
2019-03-31	108	$189.3M	19	1BRK-A 2JNJ 3GOOGL Top holdings2019-03-31 1.BRK-A 2.JNJ 3.GOOGL 4.MSFT 5.AMZN 6.DLR 7.C 8.BKNG 9.PYPL 10.UNH
2018-12-31	113	$170.3M	100	1BRK-A 2JNJ 3GOOGL Top holdings2018-12-31 1.BRK-A 2.JNJ 3.GOOGL 4.AMZN 5.DLR 6.C 7.BKNG 8.UNH 9.PYPL 10.MRK
2018-09-30	108	$611.3M	37	1BABA 2BIDU 3JNJ Top holdings2018-09-30 1.BABA 2.BIDU 3.JNJ 4.BRK-A 5.VALE 6.TSM 7.AVGO 8.INFY 9.MSFT 10.BAP
2018-06-30	131	$738.0M	100	1BABA 2BIDU 3JNJ Top holdings2018-06-30 1.BABA 2.BIDU 3.JNJ 4.BRK-A 5.FMX 6.AVGO 7.INFY 8.VALE 9.TSM 10.MSFT
2018-03-31	98	$213.3M	29	1BRK-A 2FMX 3JNJ Top holdings2018-03-31 1.BRK-A 2.FMX 3.JNJ 4.PFE 5.PM 6.MSFT 7.BKNG 8.HON 9.GOOGL 10.PLNT
2017-12-31	75	$200.4M	18	1JNJ 2BRK-A 3FMX Top holdings2017-12-31 1.JNJ 2.BRK-A 3.FMX 4.PFE 5.PM 6.MSFT 7.C 8.HON 9.META 10.GOOGL
2017-09-30	75	$189.5M	19	1FMX 2JNJ 3BRK-A Top holdings2017-09-30 1.FMX 2.JNJ 3.BRK-A 4.PM 5.PFE 6.MSFT 7.BKNG 8.C 9.HON 10.META
2017-06-30	79	$180.4M	23	1FMX 2JNJ 3BRK-A Top holdings2017-06-30 1.FMX 2.JNJ 3.BRK-A 4.PM 5.PFE 6.BKNG 7.MSFT 8.CMCSA 9.META 10.VMWEUR
2017-03-31	78	$153.4M	24	1FMX 2JNJ 3BRK-A Top holdings2017-03-31 1.FMX 2.JNJ 3.BRK-A 4.PM 5.PFE 6.BKNG 7.MSFT 8.VMWEUR 9.TSM 10.CMCSA
2016-12-31	79	$147.1M	26	1JNJ 2FMX 3BRK-A Top holdings2016-12-31 1.JNJ 2.FMX 3.BRK-A 4.PFE 5.PM 6.BKNG 7.C 8.BNY 9.VMWEUR 10.TSM
2016-09-30	86	$157.4M	41	1FMX 2JNJ 3BRK-A Top holdings2016-09-30 1.FMX 2.JNJ 3.BRK-A 4.PFE 5.PM 6.BKNG 7.TSM 8.ATVIEUR 9.AVGO 10.CMCSA
2016-06-30	64	$116.0M	19	1FMX 2JNJ 3BRK-A Top holdings2016-06-30 1.FMX 2.JNJ 3.BRK-A 4.PFE 5.PM 6.NBIS 7.V 8.CHKP 9.BKNG 10.JPM
2016-03-31	27	$105.3M	24	1FMX 2JNJ 3BRK-A Top holdings2016-03-31 1.FMX 2.JNJ 3.BRK-A 4.PM 5.PFE 6.MSFT 7.REYN 8.CHKP 9.V 10.MCD
2015-12-31	27	$113.1M	15	1FMX 2JNJ 3BRK-A Top holdings2015-12-31 1.FMX 2.JNJ 3.BRK-A 4.APC3EUR 5.PFE 6.PM 7.MSFT 8.REYN 9.V 10.CHKP
2015-09-30	30	$109.7M	7	1FMX 2APC3EUR 3BRK-A Top holdings2015-09-30 1.FMX 2.APC3EUR 3.BRK-A 4.JNJ 5.PFE 6.PM 7.REYN 8.V 9.MSFT 10.MCO
2015-06-30	23	$108.8M	0	1FMX 2APC3EUR 3BRK-A Top holdings2015-06-30 1.FMX 2.APC3EUR 3.BRK-A 4.JNJ 5.PFE 6.PM 7.MSFT 8.MCO 9.BUD 10.V

Holding changes this quarter

Position changes disclosed by Ninety One SA (Pty) Ltd for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	AU	AngloGold Ashanti plc	+3.6%	-4.13%	Trim
2	META	Meta Platforms Inc-class A	+0.7%	+1045.86%	Add
3	GOOGL	Alphabet Inc-cl A	+0.5%	+33.98%	Add
4	BA	Boeing Co/the	+0.5%	+3116.17%	Add
5	JNJ	Johnson & Johnson	+0.4%	+11.81%	Add
6	AER	AerCap Holdings N.V.	+0.3%	+1481.17%	Add
7	VLO	Valero Energy CORP	+0.3%	—	Unchanged
8	BSX	Boston Scientific CORP	+0.2%	+1031.08%	Add
9	EW	Edwards Lifesciences CORP	+0.2%	+40.99%	Add
10	CFG	Citizens Financial Group	+0.2%	+49.76%	Add
11	ICE	Intercontinental Exchange In	+0.1%	+709.38%	Add
12	GNRC	Generac Holdings INC	+0.1%	+5.89%	Add
13	MRK	Merck & Co. INC.	-0.1%	-80.94%	Trim
14	Z	Zillow Group INC - C	-0.1%	+5.88%	Add
15	CRH	CRH plc	-0.1%	+5.37%	Add
16	BRK-A	Berkshire Hathaway Inc-cl A	-0.2%	—	Unchanged
17	PLNT	Planet Fitness INC - Cl A	-0.2%	+5.48%	Add
18	MA	Mastercard INC - A	-0.3%	-24.00%	Trim
19	ADSK	Autodesk INC	-0.3%	-33.88%	Trim
20	GS	Goldman Sachs Group INC	-0.3%	-35.08%	Trim
21	AVGO	Broadcom INC	-0.4%	-27.33%	Trim
22	GM	General Motors Co	-0.4%	-94.27%	Trim
23	TSM	Taiwan Semiconductor-sp Adr	-0.4%	-45.22%	Trim
24	EA	Electronic Arts INC	-0.5%	-94.67%	Trim
25	TTWO	Take-two Interactive Softwre	-0.5%	-55.43%	Trim
26	TKO	Tko Group Holdings INC	-0.7%	-51.58%	Trim
27	BKNG	Booking Holdings INC	-0.7%	-43.92%	Trim
28	MSFT	Microsoft CORP	-1.4%	-25.42%	Trim
29	CVX	Chevron CORP	—	NEW	New buy
30	COP	Conocophillips	—	NEW	New buy
31	NFLX	Netflix INC	—	EXIT	Sold out
32	ACM	Aecom	—	EXIT	Sold out
33	HDB	Hdfc Bank Ltd-adr	—	EXIT	Sold out
34	KEY	Keycorp	—	NEW	New buy
35	TTE	Totalenergies Se	—	EXIT	Sold out
36	TECK	Teck Resources Ltd-cls B	—	EXIT	Sold out
37	TWLO	Twilio INC - A	—	EXIT	Sold out
38	ICLR	ICON Public Limited Company	—	EXIT	Sold out
39	FDX	Fedex CORP	—	NEW	New buy
40	PINS	Pinterest Inc- Class A	—	EXIT	Sold out
41	SW	Smurfit Westrock Plc	—	EXIT	Sold out
42	BROS	Dutch Bros Inc-class A	—	EXIT	Sold out
43	DASH	Doordash INC - A	—	EXIT	Sold out
44	GOOG	Alphabet Inc-cl C	—	NEW	New buy
45	IWM	Ishares Russell 2000 ETF	—	NEW	New buy
46	UNH	Unitedhealth Group INC	—	NEW	New buy
47	CME	Cme Group INC	—	NEW	New buy
48	HLT	Hilton Worldwide Holdings In	—	NEW	New buy
49	AON	Aon plc	—	NEW	New buy
50	YUM	Yum! Brands INC	—	NEW	New buy

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-04-24	13F-HR	View on EDGAR
2025-12-31	2026-01-27	13F-HR	View on EDGAR
2025-09-30	2025-11-13	Amendment	View on EDGAR
2025-09-30	2025-10-21	13F-HR	View on EDGAR
2025-06-30	2025-07-18	13F-HR	View on EDGAR
2025-03-31	2025-04-30	13F-HR	View on EDGAR
2024-12-31	2025-01-27	13F-HR	View on EDGAR
2024-09-30	2024-11-12	13F-HR	View on EDGAR
2024-06-30	2024-07-22	13F-HR	View on EDGAR
2024-03-31	2024-04-25	13F-HR	View on EDGAR
2023-12-31	2024-01-31	13F-HR	View on EDGAR
2023-09-30	2023-10-10	13F-HR	View on EDGAR
2023-06-30	2023-07-19	13F-HR	View on EDGAR
2023-03-31	2023-04-28	13F-HR	View on EDGAR
2022-12-31	2023-02-07	13F-HR	View on EDGAR
2022-09-30	2022-11-14	13F-HR	View on EDGAR
2022-06-30	2022-08-15	13F-HR	View on EDGAR
2022-03-31	2022-04-27	13F-HR	View on EDGAR
2021-12-31	2022-02-11	13F-HR	View on EDGAR
2021-09-30	2021-11-02	13F-HR	View on EDGAR
2021-06-30	2021-08-12	13F-HR	View on EDGAR
2021-03-31	2021-05-07	13F-HR	View on EDGAR
2020-12-31	2021-02-05	13F-HR	View on EDGAR
2020-09-30	2020-11-12	13F-HR	View on EDGAR
2020-06-30	2020-09-04	Amendment	View on EDGAR
2020-06-30	2020-08-13	13F-HR	View on EDGAR
2020-03-31	2020-05-13	13F-HR	View on EDGAR
2019-12-31	2020-02-07	13F-HR	View on EDGAR
2019-09-30	2019-11-14	13F-HR	View on EDGAR
2019-06-30	2019-07-30	13F-HR	View on EDGAR
2019-03-31	2019-04-24	13F-HR	View on EDGAR
2018-12-31	2019-02-08	13F-HR	View on EDGAR
2018-09-30	2018-11-13	13F-HR	View on EDGAR
2018-06-30	2018-08-10	13F-HR	View on EDGAR
2018-03-31	2018-05-14	13F-HR	View on EDGAR
2017-12-31	2018-02-13	13F-HR	View on EDGAR
2017-09-30	2017-11-13	13F-HR	View on EDGAR
2017-06-30	2017-08-11	13F-HR	View on EDGAR
2017-03-31	2017-05-12	13F-HR	View on EDGAR
2016-12-31	2017-02-10	13F-HR	View on EDGAR
2016-09-30	2016-11-14	13F-HR	View on EDGAR
2016-06-30	2016-08-12	13F-HR	View on EDGAR
2016-03-31	2016-05-12	13F-HR	View on EDGAR
2015-12-31	2016-02-16	13F-HR	View on EDGAR
2015-09-30	2015-10-30	13F-HR	View on EDGAR
2015-06-30	2015-08-11	13F-HR	View on EDGAR