Ninety One North America, Inc. 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Ninety One North America, Inc. disclosed 70 US equity positions worth $2.2bn in its Q3 2025 13F filing. The largest position was V at 6.7% of the reported book, followed by MSFT and PM. Against the Q2 2025 filing, it opened 7 new positions, added to 19 and reduced 10 among the top 50 holdings.
What did Ninety One North America, Inc. own in Q3 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | V Visa Inc | Financial Services | 6.7% | $147.5m | 431,985 | -0% | held |
| 2 | MSFT Microsoft Corp | Technology | 6.4% | $141.8m | 273,804 | -1% | reduced |
| 3 | PM Philip Morris International Inc | Consumer Defensive | 5.1% | $112.7m | 694,699 | 0% | held |
| 4 | ADSK Autodesk Inc | Technology | 4.3% | $94.1m | 296,108 | 1% | added |
| 5 | GOOGL Alphabet Inc | Communication Services | 4.1% | $90.9m | 373,856 | 0% | held |
| 6 | TSM Taiwan Semiconductor Manufacturing Co Ltd | Technology | 3.9% | $85.4m | 305,940 | -2% | reduced |
| 7 | BKNG Booking Holdings Inc | Consumer Cyclical | 3.8% | $84.9m | 15,729 | 0% | held |
| 8 | MA Mastercard Inc | Financial Services | 3.7% | $82.2m | 144,504 | 10% | added |
| 9 | ICLR ICON PLC | Healthcare | 3.5% | $77.5m | 442,847 | 3% | added |
| 10 | NTES NetEase Inc | Communication Services | 3.3% | $73.5m | 483,745 | 0% | held |
| 11 | INTU Intuit Inc | Technology | 3.3% | $73.0m | 106,904 | 0% | held |
| 12 | SE Sea Ltd | Consumer Cyclical | 3.0% | $66.6m | 372,502 | 12% | added |
| 13 | EA Electronic Arts Inc | Communication Services | 3.0% | $65.2m | 323,008 | 0% | held |
| 14 | ALC Alcon AG | Healthcare | 2.4% | $52.1m | 699,754 | – | new |
| 15 | AON Aon PLC | Financial Services | 2.3% | $51.8m | 145,307 | 27% | added |
| 16 | ADP Automatic Data Processing Inc | Technology | 2.2% | $47.6m | 162,314 | -2% | reduced |
| 17 | JNJ Johnson & Johnson | Healthcare | 2.0% | $44.6m | 240,770 | 0% | held |
| 18 | INDA iShares MSCI India ETF | 2.0% | $44.5m | 854,325 | 43% | added | |
| 19 | VRSN VeriSign Inc | Technology | 2.0% | $43.0m | 153,891 | -26% | reduced |
| 20 | EW Edwards Lifesciences Corp | Healthcare | 1.9% | $42.9m | 551,399 | 15% | added |
| 21 | Check Point Software Technologies Ltd | 1.9% | $41.4m | 200,041 | 0% | held | |
| 22 | BAP Credicorp Ltd | Financial Services | 1.8% | $40.4m | 151,820 | -27% | reduced |
| 23 | VALE Vale SA | Basic Materials | 1.7% | $36.7m | 3,377,582 | 36% | added |
| 24 | NU NU Holdings Ltd/Cayman Islands | Financial Services | 1.6% | $36.0m | 2,249,382 | – | new |
| 25 | MNST Monster Beverage Corp | Consumer Defensive | 1.6% | $35.2m | 522,726 | 0% | held |
| 26 | SPGI S&P Global Inc | Financial Services | 1.5% | $33.3m | 68,360 | -0% | held |
| 27 | TX Ternium SA | Basic Materials | 1.5% | $32.3m | 930,392 | -9% | reduced |
| 28 | CPNG Coupang Inc | Consumer Cyclical | 1.4% | $31.6m | 980,722 | -11% | reduced |
| 29 | MCO Moody's Corp | Financial Services | 1.4% | $30.7m | 64,442 | -0% | held |
| 30 | STNE StoneCo Ltd | Technology | 1.4% | $30.1m | 1,593,080 | 237% | added |
| 31 | MSI Motorola Solutions Inc | Technology | 1.2% | $26.5m | 57,878 | 29% | added |
| 32 | NEE NextEra Energy Inc | Utilities | 1.2% | $25.7m | 340,644 | 3% | added |
| 33 | FDS FactSet Research Systems Inc | Financial Services | 1.1% | $24.3m | 84,686 | 0% | held |
| 34 | XP XP Inc | Financial Services | 1.1% | $23.3m | 1,240,002 | – | new |
| 35 | ALGN Align Technology Inc | Healthcare | 0.9% | $20.8m | 166,036 | 19% | added |
| 36 | MRSH Marsh & McLennan Cos Inc | Financial Services | 0.9% | $19.8m | 98,045 | 0% | held |
| 37 | TEL TE Connectivity PLC | Technology | 0.8% | $18.0m | 81,992 | -21% | reduced |
| 38 | ACM AECOM | Industrials | 0.8% | $17.5m | 133,978 | 2% | added |
| 39 | VIST Vista Energy SAB de CV | Energy | 0.8% | $16.8m | 487,477 | -11% | reduced |
| 40 | CP Canadian Pacific Kansas City Ltd | Industrials | 0.7% | $16.1m | 215,496 | 4% | added |
| 41 | TTEK Tetra Tech Inc | Industrials | 0.6% | $13.5m | 404,095 | 5% | added |
| 42 | KGC Kinross Gold Corp | Basic Materials | 0.6% | $13.4m | 541,334 | – | new |
| 43 | IBN ICICI Bank Ltd | Financial Services | 0.5% | $12.1m | 400,883 | 47% | added |
| 44 | MELI MercadoLibre Inc | Consumer Cyclical | 0.5% | $11.1m | 4,743 | -22% | reduced |
| 45 | AGCO AGCO Corp | Industrials | 0.5% | $10.5m | 97,888 | – | new |
| 46 | WM Waste Management Inc | Industrials | 0.4% | $9.5m | 42,939 | 5% | added |
| 47 | RACE FERRARI NV | Consumer Cyclical | 0.4% | $9.4m | 19,390 | – | new |
| 48 | EEM iShares MSCI Emerging Markets ETF | 0.4% | $8.1m | 150,861 | – | new | |
| 49 | HDB HDFC Bank Ltd | Financial Services | 0.3% | $6.8m | 200,150 | 77% | added |
| 50 | ASX ASE Technology Holding Co Ltd | Technology | 0.2% | $5.5m | 496,795 | 82% | added |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.