Mirabaud Asset Management Ltd

High-turnover traderContrarianQuality / disciplined sizing

Total reported value

$121.4M

Reporting period: 2026-03-31 · Number of holdings: 32

Mirabaud Asset Management Ltd disclosed 32 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $121.4M and a quarterly turnover rate of 95.3%.

Personality snowflake

Concentration: 20.67
Portfolio Stability: 95.33
Momentum/Contrarian: 0
Sector conviction: 59.11
Diversification: 64
Sizing Uniformity: 91.78

Recent moves

Add TSM
+122.6%　$7.7M
Add AVGO
+235.3%　$5.3M
Add NVDA
-4.2%　$1.7M
Add FERG
+336.7%　$4.5M
Add UNP
+317.3%　$4.1M
Add ABBV
+62.5%　$2.4M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	TSM	Taiwan Semiconductor-sp Adr	Stock-Tech	9.04%	+7.53%	+122.56%
2	NVDA	Nvidia CORP	Stock-Tech	8.68%	+4.58%	-4.20%
3	CME	Cme Group INC	Stock-Financials	6.94%	+2.79%	-23.67%
4	JPM	Jpmorgan Chase & Co	Stock-Financials	6.90%	+1.30%	-32.86%
5	MSFT	Microsoft CORP	Stock-Tech	6.57%	-2.10%	-51.16%
6	AVGO	Broadcom INC	Stock-Tech	5.71%	+4.94%	+235.32%
7	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	5.37%	+1.77%	-43.28%
8	AMZN	Amazon.com INC	Stock-Consumer Disc	5.30%	-1.26%	-47.40%
9	FERG	Ferguson Enterprises INC	Stock-Industrials	4.58%	+4.10%	+336.73%
10	UNP	Union Pacific CORP	Stock-Industrials	4.45%	+3.83%	+317.29%
11	ABBV	Abbvie INC	Stock-Healthcare	4.40%	+3.03%	+62.53%
12	NEE	Nextera Energy INC	Stock-Utilities	3.95%	+1.90%	-16.95%
13	TJX	Tjx Companies INC	Stock-Consumer Disc	3.17%	-0.93%	-65.22%
14	CRH	CRH plc	Stock-Materials	3.12%	-1.56%	-62.08%
15	PANW	Palo Alto Networks INC	Stock-Tech	3.09%	+3.09%	NEW
16	AXP	American Express Co	Stock-Financials	3.06%	-0.10%	-43.22%
17	HD	Home Depot INC	Stock-Consumer Disc	1.60%	-1.55%	-63.16%
18	CSL	Carlisle Cos INC	Stock-Industrials	1.36%	-0.54%	-55.94%
19	MRK	Merck & Co. INC.	Stock-Healthcare	1.23%	+0.76%	+7.23%
20	CMI	Cummins INC	Stock-Industrials	1.16%	-0.01%	-59.34%
21	IBM	Intl Business Machines CORP	Stock-Tech	1.14%	+0.21%	-26.44%
22	WSO	Watsco INC	Stock-Industrials	1.11%	+0.41%	+20.46%
23	MA	Mastercard INC - A	Stock-Financials	1.10%	-2.04%	-77.53%
24	FCX	Freeport-mcmoran INC	Stock-Materials	1.03%	+1.03%	NEW
25	DLR	Digital Realty Trust INC	Stock-Real Estate	1.00%	-0.38%	-61.54%
26	AMT	American Tower CORP	Stock-Real Estate	0.96%	+0.24%	-15.14%
27	ADI	Analog Devices INC	Stock-Tech	0.85%	+0.85%	NEW
28	SCI	Service CORP International	Stock-Consumer Disc	0.82%	+0.21%	-27.84%
29	PG	Procter & Gamble Co/the	Stock-Consumer Staples	0.78%	-0.13%	-43.86%
30	CLX	Clorox Company	Stock-Consumer Staples	0.61%	-0.37%	-49.12%
31	MDT	Medtronic plc	Stock-Healthcare	0.46%	+0.46%	NEW
32	BR	Broadridge Financial Solutio	Stock-Tech	0.45%	-0.51%	-61.22%

Portfolio Performance

Performance for Q3 2026

-3%

Performance Last 4 Quarters

+13.9%

Based on 76% of reported portfolio value with available pricing

Stdev: +13.5%
Beta: +0.95
Alpha: -7.4%
Max Drawdown: -8.9%
Annualized Perf: +9%
Batting Avg vs S&P: +37.9%
Sortino: +1.29
Stutzer: +0.21
Treynor: +0.1
Sterling: +0.48
Calmar: +1.01
Information Ratio: -1.23
Tracking Error: +6.8%
Stdev Down: +7.4%
Winning Months %: +65.5%
Losing Months %: +34.5%
Best 12 Months: +30.6%
Worst 12 Months: -4.2%
Efficiency Ratio: +0.27
Sharpe: +0.7
Stdev Sectors: +9.9%
Skewness: +0.63
Kurtosis: +1.39
Upside Potential: +3.02

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	32	$121.4M	95	1TSM 2NVDA 3CME Top holdings2026-03-31 1.TSM 2.NVDA 3.CME 4.JPM 5.MSFT 6.AVGO 7.GOOGL 8.AMZN 9.FERG 10.UNP
2025-12-31	43	$215.9M	39	1MSFT 2AMZN 3JPM Top holdings2025-12-31 1.MSFT 2.AMZN 3.JPM 4.WCN 5.CRH 6.NFLX 7.CME 8.TJX 9.NVDA 10.GOOGL
2025-09-30	38	$206.2M	35	1MSFT 2NVDA 3JPM Top holdings2025-09-30 1.MSFT 2.NVDA 3.JPM 4.AMZN 5.GOOGL 6.CME 7.AXP 8.NFLX 9.TJX 10.TSM
2025-06-30	40	$214.7M	0	1MSFT 2NVDA 3JPM Top holdings2025-06-30 1.MSFT 2.NVDA 3.JPM 4.CME 5.AMZN 6.NFLX 7.NOW 8.WCN 9.GOOGL 10.CRH
2025-03-31	43	$191.2M	0	1MSFT 2AMZN 3JPM Top holdings2025-03-31 1.MSFT 2.AMZN 3.JPM 4.CME 5.NFLX 6.TJX 7.NVDA 8.CRH 9.WCN 10.UNH
2024-12-31	43	$215.0M	0	1MSFT 2AMZN 3TSM Top holdings2024-12-31 1.MSFT 2.AMZN 3.TSM 4.NVDA 5.JPM 6.WCN 7.NFLX 8.CRH 9.TJX 10.GOOGL
2024-09-30	48	$242.4M	0	1TSM 2MSFT 3AMZN Top holdings2024-09-30 1.TSM 2.MSFT 3.AMZN 4.NVDA 5.WCN 6.TJX 7.NVO 8.JPM 9.AXP 10.UNH
2024-06-30	45	$217.2M	0	1MSFT 2AMZN 3NVDA Top holdings2024-06-30 1.MSFT 2.AMZN 3.NVDA 4.GOOGL 5.TJX 6.WCN 7.TSM 8.JPM 9.NEE 10.AXP
2024-03-31	49	$247.5M	0	1MSFT 2NVDA 3TJX Top holdings2024-03-31 1.MSFT 2.NVDA 3.TJX 4.DIS 5.AMZN 6.TSM 7.CME 8.CSL 9.WMS 10.MA
2023-12-31	49	$233.2M	0	1MSFT 2MA 3GOOGL Top holdings2023-12-31 1.MSFT 2.MA 3.GOOGL 4.CME 5.NVDA 6.AMZN 7.ADBE 8.AXP 9.TSLA 10.INTU

Holding changes this quarter

Mirabaud Asset Management Ltd's most significant position changes for 2026-03-31: Sold out: Waste Connections INC (WCN); Sold out: Netflix INC (NFLX); Sold out: Servicenow INC (NOW); Sold out: Transunion (TRU); Sold out: Unitedhealth Group INC (UNH).

Position changes disclosed by Mirabaud Asset Management 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	TSM	Taiwan Semiconductor-sp Adr	+7.5%	+122.56%	Add
2	AVGO	Broadcom INC	+4.9%	+235.32%	Add
3	NVDA	Nvidia CORP	+4.6%	-4.20%	Trim
4	FERG	Ferguson Enterprises INC	+4.1%	+336.73%	Add
5	UNP	Union Pacific CORP	+3.8%	+317.29%	Add
6	ABBV	Abbvie INC	+3%	+62.53%	Add
7	CME	Cme Group INC	+2.8%	-23.67%	Trim
8	NEE	Nextera Energy INC	+1.9%	-16.95%	Trim
9	GOOGL	Alphabet Inc-cl A	+1.8%	-43.28%	Trim
10	JPM	Jpmorgan Chase & Co	+1.3%	-32.86%	Trim
11	MRK	Merck & Co. INC.	+0.8%	+7.23%	Add
12	WSO	Watsco INC	+0.4%	+20.46%	Add
13	AMT	American Tower CORP	+0.2%	-15.14%	Trim
14	IBM	Intl Business Machines CORP	+0.2%	-26.44%	Trim
15	SCI	Service CORP International	+0.2%	-27.84%	Trim
16	CMI	Cummins INC	0%	-59.34%	Trim
17	AXP	American Express Co	-0.1%	-43.22%	Trim
18	PG	Procter & Gamble Co/the	-0.1%	-43.86%	Trim
19	CLX	Clorox Company	-0.4%	-49.12%	Trim
20	DLR	Digital Realty Trust INC	-0.4%	-61.54%	Trim
21	BR	Broadridge Financial Solutio	-0.5%	-61.22%	Trim
22	CSL	Carlisle Cos INC	-0.5%	-55.94%	Trim
23	TJX	Tjx Companies INC	-0.9%	-65.22%	Trim
24	AMZN	Amazon.com INC	-1.3%	-47.40%	Trim
25	HD	Home Depot INC	-1.6%	-63.16%	Trim
26	CRH	CRH plc	-1.6%	-62.08%	Trim
27	MA	Mastercard INC - A	-2%	-77.53%	Trim
28	MSFT	Microsoft CORP	-2.1%	-51.16%	Trim
29	WCN	Waste Connections INC	—	EXIT	Sold out
30	NFLX	Netflix INC	—	EXIT	Sold out
31	NOW	Servicenow INC	—	EXIT	Sold out
32	TRU	Transunion	—	EXIT	Sold out
33	UNH	Unitedhealth Group INC	—	EXIT	Sold out
34	SPGI	S&p Global INC	—	EXIT	Sold out
35	PANW	Palo Alto Networks INC	—	NEW	New buy
36	INFY	Infosys Ltd-sp Adr	—	EXIT	Sold out
37	MPWR	Monolithic Power Systems INC	—	EXIT	Sold out
38	ACN	Accenture plc	—	EXIT	Sold out
39	WMS	Advanced Drainage Systems In	—	EXIT	Sold out
40	BEKE	Ke Holdings Inc-adr	—	EXIT	Sold out
41	FCX	Freeport-mcmoran INC	—	NEW	New buy
42	ITUB	Itau Unibanco H-spon Prf Adr	—	EXIT	Sold out
43	ADI	Analog Devices INC	—	NEW	New buy
44	IBN	Icici Bank Ltd-spon Adr	—	EXIT	Sold out
45	TU	Telus CORP	—	EXIT	Sold out
46	MDT	Medtronic plc	—	NEW	New buy
47	HDB	Hdfc Bank Ltd-adr	—	EXIT	Sold out

FAQ

What is Mirabaud Asset Management Ltd and what type of investor is it?

Mirabaud Asset Management 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 $121.4M, spread across 32 disclosed positions.

What are Mirabaud Asset Management Ltd's largest equity positions?

Based on the latest 13F filing, Mirabaud Asset Management Ltd's top holdings by market value are: 1. Taiwan Semiconductor-sp Adr (TSM) — $11.0M (9.0%) 2. Nvidia CORP (NVDA) — $10.5M (8.7%) 3. Cme Group INC (CME) — $8.4M (6.9%) 4. Jpmorgan Chase & Co (JPM) — $8.4M (6.9%) 5. Microsoft CORP (MSFT) — $8.0M (6.6%)

What changes did Mirabaud Asset Management Ltd make in its most recent portfolio filing?

In the latest reported quarter, Mirabaud Asset Management Ltd made 47 notable position adjustments: 4 new positions were initiated, 7 existing holdings were added to, 21 positions were partially reduced, and 15 were completely exited. The largest of these moves: Sold out: Waste Connections INC (WCN); Sold out: Netflix INC (NFLX); Sold out: Servicenow INC (NOW); Sold out: Transunion (TRU); Sold out: Unitedhealth Group INC (UNH)

What sectors does Mirabaud Asset Management Ltd focus on?

Mirabaud Asset Management Ltd is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 35.5% • Financials: 18.0% • Industrials: 12.7% • Consumer Discretionary: 10.9% • Health Care: 6.1% • Communication Services: 5.4%