Ninety One North America, Inc. Q4 2025 Filing

Filed January 27, 2026

Portfolio Value

$2.5B

Holdings

102

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (102 positions)

#StockSharesValue% PortfolioType
1
VVisa Inc
438,344$153.7M6.23%
2
GOOGLAlphabet Inc
426,416$133.5M5.41%
3
MSFTMicrosoft Corp
257,310$124.4M5.04%
4
4I1Philip Morris International Inc
706,366$113.3M4.59%
5
MAMastercard Inc
164,735$94.0M3.81%
6
ADSKAutodesk Inc
304,051$90.0M3.65%
7
BKNGBooking Holdings Inc
16,005$85.7M3.47%
8
ICLRICON PLC
455,399$83.0M3.36%
9
TSMTaiwan Semiconductor Manufacturing Co Ltd
257,068$78.1M3.17%
10
INTUIntuit Inc
108,831$72.1M2.92%
11
NTESNetEase Inc
500,241$68.8M2.79%
12
EAElectronic Arts Inc
332,602$68.0M2.75%
13
AONAon PLC
176,485$62.3M2.52%
14
INDAiShares MSCI India ETF
1,107,777$59.9M2.43%
15
ALCAlcon AG
728,305$58.2M2.36%
16
JNJJohnson & Johnson
278,252$57.6M2.33%
17
MRSHMarsh & McLennan Cos Inc
267,244$49.6M2.01%
18
EWEdwards Lifesciences Corp
567,944$48.4M1.96%
19
BAPCredicorp Ltd
166,814$47.9M1.94%
20
NUNU Holdings Ltd/Cayman Islands
2,755,386$46.1M1.87%
21
VALEVale SA
3,361,779$43.8M1.78%
22
ADPAutomatic Data Processing Inc
162,873$41.9M1.70%
23
MSIMotorola Solutions Inc
108,400$41.6M1.68%
24
VRSNVeriSign Inc
158,934$38.6M1.57%
25
CHKPCheck Point Software Technologies Ltd
203,646$37.8M1.53%
26
SPGIS&P Global Inc
69,447$36.3M1.47%
27
MNSTMonster Beverage Corp
464,682$35.6M1.44%
28
MCOMoody's Corp
65,473$33.4M1.36%
29
TXTernium SA
785,653$30.0M1.22%
30
NVDANVIDIA Corp
152,128$28.4M1.15%
31
AFWAlign Technology Inc
169,028$26.4M1.07%
32
FDSFactSet Research Systems Inc
86,179$25.0M1.01%
33
VISTVista Energy SAB de CV
483,830$23.5M0.95%
34
XPXP Inc
1,435,950$23.5M0.95%
35
STNEStoneCo Ltd
1,580,941$23.4M0.95%
36
NEENextEra Energy Inc
284,236$22.8M0.92%
37
IBNICICI Bank Ltd
582,037$17.3M0.70%
38
TELTE Connectivity PLC
75,921$17.3M0.70%
39
CPCanadian Pacific Kansas City Ltd
220,134$16.2M0.66%
40
AVGOBroadcom Inc
41,182$14.3M0.58%
41
TTEKTetra Tech Inc
415,535$13.9M0.56%
42
ACMAECOM
137,801$13.1M0.53%
43
TKOTKO Group Holdings Inc
62,231$13.0M0.53%
44
KGCKinross Gold Corp
440,414$12.4M0.50%
45
AMZNAmazon.com Inc
51,721$11.9M0.48%
46
AGCOAGCO Corp
100,693$10.5M0.43%
47
EEMiShares MSCI Emerging Markets ETF
186,696$10.2M0.41%
48
WMWaste Management Inc
44,160$9.7M0.39%
49
TRMBTrimble Inc
122,272$9.6M0.39%
50
VMIValmont Industries Inc
23,228$9.3M0.38%
51
JPMJPMorgan Chase & Co
26,814$8.6M0.35%
52
ASXASE Technology Holding Co Ltd
474,381$7.6M0.31%
53
BSXBoston Scientific Corp
77,718$7.4M0.30%
54
HDBHDFC Bank Ltd
198,771$7.3M0.29%
55
LLYEli Lilly & Co
6,581$7.1M0.29%
56
AAPLApple Inc
24,998$6.8M0.28%
57
UBSUBS Group AG
134,367$6.3M0.25%
58
FTITechnipFMC PLC
139,130$6.2M0.25%
59
CLColgate-Palmolive Co
74,432$5.9M0.24%
60
BBarrick Mining Corp
134,473$5.9M0.24%
61
ABTAbbott Laboratories
44,344$5.6M0.23%
62
GMGeneral Motors Co
68,043$5.5M0.22%
63
RHCRH PLC
43,670$5.5M0.22%
64
TTWOTake-Two Interactive Software Inc
21,174$5.4M0.22%
65
AERAerCap Holdings NV
35,546$5.1M0.21%
66
JJacobs Solutions Inc
37,505$5.0M0.20%
67
GSGoldman Sachs Group Inc/The
5,235$4.6M0.19%
68
TRUTransUnion
52,351$4.5M0.18%
69
XOMExxon Mobil Corp
35,878$4.3M0.17%
70
TMOThermo Fisher Scientific Inc
7,342$4.3M0.17%
71
ICEIntercontinental Exchange Inc
25,737$4.2M0.17%
72
RACEFerrari NV
11,126$4.2M0.17%
73
CFGCitizens Financial Group Inc
69,448$4.1M0.16%
74
PLNTPlanet Fitness Inc
36,122$3.9M0.16%
75
ZZillow Group Inc
55,789$3.8M0.15%
76
BABoeing Co/The
16,831$3.7M0.15%
77
METAMeta Platforms Inc
5,408$3.6M0.14%
78
FCXFreeport-McMoRan Inc
64,777$3.3M0.13%
79
SUXTD SYNNEX Corp
21,551$3.2M0.13%
80
PGProcter & Gamble Co/The
20,401$2.9M0.12%
81
DALDelta Air Lines Inc
41,414$2.9M0.12%
82
GLPIGaming and Leisure Properties Inc
51,266$2.3M0.09%
83
OKTAOkta Inc
26,425$2.3M0.09%
84
BROSDutch Bros Inc
35,423$2.2M0.09%
85
PINSPinterest Inc
83,397$2.2M0.09%
86
DASHDoorDash Inc
9,402$2.1M0.09%
87
TWTradeweb Markets Inc
19,160$2.1M0.08%
88
ELVElevance Health Inc
5,137$1.8M0.07%
89
HOODRobinhood Markets Inc
15,863$1.8M0.07%
90
ZTSZoetis Inc
12,955$1.6M0.07%
91
BKLNInvesco Senior Loan ETF
42,200$886K0.04%
92
USHYiShares Broad USD High Yield Corporate Bond ETF
22,070$825K0.03%
93
KOCoca-Cola Co/The
8,190$572K0.02%
94
AJGArthur J Gallagher & Co
1,891$489K0.02%
95
CMECME Group Inc
1,747$477K0.02%
96
ROPRoper Technologies Inc
812$361K0.01%
97
EFXEquifax Inc
1,483$321K0.01%
98
OTISOtis Worldwide Corp
3,122$272K0.01%
99
BRBroadridge Financial Solutions Inc
1,221$272K0.01%
100
STESTERIS PLC
987$250K0.01%
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