MARTIN CURRIE LTD

CIK

1094499

Location

EDINBURGH, X0

Portfolio Value

Mid $2,433,658,719

Diversification

Diversified

Filing Date

Global Rank

#998 / 7,991 ▼ 52

Top Industry

Semiconductors 16.5%

3Y Alpha vs SPY

-12.5%

Period ended 12 months ago

Filed Aug 12, 2025 · 10mo

22 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+27.0%

SPY

+76.3%

Annualised alpha

-12.5%

Max drawdown

−21.2%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

46 positions · as of Jun 30, 2025 · Δ vs Mar 31, 2025

Top Position

10.2%

+1.0 pts

Top 5

36.9%

+0.4 pts

Top 10

60.7%

+3.8 pts

HHI

481

Diversified+33

Portfolio Trend

22 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2025

Sector	% Portfolio	Value	Positions
Technology	33.7%	$819,468,241	13
Consumer Cyclical	26.3%	$641,087,125	9
Financial Services	17.1%	$416,964,599	5
Healthcare	12.2%	$296,938,806	9
Basic Materials	6.8%	$164,553,410	3
Communication Services	3.5%	$85,666,415	1
Industrials	0.4%	$8,741,141	5
Consumer Defensive	0.0%	$238,982	1

Last Quarter's Activity

Export CSV

Jun 30, 2025 vs Mar 31, 2025

Added To

Positions the filer increased

4 positions

Ticker	Company	Δ Shares	Shares	Value
MSFT	Microsoft Corp	+63,027	332,849	$165,562,420
V	Visa Inc.	+17,324	153,411	$54,468,574
ZTS	Zoetis Inc.	+8,809	311,872	$48,636,438
IDXX	Idexx Laboratories Inc /De	+3,039	82,254	$44,116,109
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
INFY	Infosys Ltd	−487,116	343,767	$6,370,002
TCOM	Trip.com Group Ltd	−430,911	555,578	$32,579,093
JD	JD.com, Inc.	−302,826	1,119,082	$36,526,835
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−203,418	1,099,359	$248,993,819
GLOB	Globant S.A.	−150,980	144,881	$13,160,989
BABA	Alibaba Group Holding Ltd	−111,123	1,314,941	$149,127,458
IBN	Icici Bank Ltd	−98,430	4,078,097	$137,187,183
NVDA	Nvidia Corp	−98,003	964,719	$152,415,953
ADSK	Autodesk, Inc.	−53,703	182,642	$56,540,483
CRH	Crh Public Ltd Co	−47,000	182,500	$16,753,500
HDB	Hdfc Bank Ltd	−33,710	2,838,942	$108,830,841
VRRM	VERRA MOBILITY Corp	−19,210	7,912	$200,885
RACE	Ferrari N.V.	−17,383	372,710	$182,903,704
CDNS	Cadence Design Systems Inc	−15,814	202,957	$62,541,199
CMG	Chipotle Mexican Grill Inc	−14,098	585,342	$32,866,953
MMYT	MakeMyTrip Ltd	−10,971	338,538	$33,183,494
LIN	Linde PLC	−10,964	314,341	$147,482,510
VEEV	Veeva Systems Inc	−8,519	239,579	$68,993,959
DECK	Deckers Outdoor Corp	−8,349	347,862	$35,854,135
RVTY	Revvity, Inc.	−7,511	2,983	$288,515
AAPL	Apple Inc.	−7,486	334,550	$68,639,622
XYL	Xylem Inc.	−6,732	2,395	$309,817
RMD	Resmed Inc	−4,803	136,131	$35,121,798
LRN	Stride, Inc.	−4,076	1,646	$238,982
MA	Mastercard Inc	−3,985	157,379	$88,437,554
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
INTR	Inter & Co, Inc.	3,773,950	$28,040,447
ULS	UL Solutions Inc.	3,474	$253,115
No positions match the current search.

Sold Out

Positions the filer fully exited

7 positions

Ticker	Company	Shares	Value
LULU	lululemon athletica inc.	93,832	$26,560,085
CSAN	Cosan S.A.	1,439,121	$7,512,211
PLNT	Planet Fitness, Inc.	5,277	$509,810
ILMN	Illumina, Inc.	5,743	$455,649
EXPO	Exponent Inc	5,550	$449,882
ERII	Energy Recovery, Inc.	17,012	$270,320
COUR	Coursera, Inc.	31,689	$211,047
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

46 positions · $2,433,658,719 total · as of Jun 30, 2025

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	1,099,359	-203,418	$248,993,819	+15.1%	10.23%
RACE	Ferrari N.V. Consumer Cyclical	Reduced	372,710	-17,383	$182,903,704	+9.6%	7.52%
MSFT	Microsoft Corp Technology	Added	332,849	+63,027	$165,562,420	+63.5%	6.80%
NVDA	Nvidia Corp Technology	Reduced	964,719	-98,003	$152,415,953	+32.3%	6.26%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Reduced	1,314,941	-111,123	$149,127,458	−20.9%	6.13%
LIN	Linde PLC Basic Materials	Reduced	314,341	-10,964	$147,482,510	−2.6%	6.06%
IBN	Icici Bank Ltd Financial Services	Reduced	4,078,097	-98,430	$137,187,183	+4.2%	5.64%
HDB	Hdfc Bank Ltd Financial Services	Reduced	2,838,942	-33,710	$108,830,841	+14.0%	4.47%
MELI	Mercadolibre Inc Consumer Cyclical	Reduced	36,415	-958	$95,175,332	+30.5%	3.91%
MA	Mastercard Inc Financial Services	Reduced	157,379	-3,985	$88,437,554	−0.0%	3.63%
META	Meta Platforms, Inc. Communication Services	Reduced	116,065	-2,614	$85,666,415	+25.2%	3.52%
VEEV	Veeva Systems Inc Healthcare	Reduced	239,579	-8,519	$68,993,959	+20.1%	2.83%
AAPL	Apple Inc. Technology	Reduced	334,550	-7,486	$68,639,622	−9.7%	2.82%
MTD	Mettler Toledo International Inc/ Healthcare	Reduced	54,591	-3,401	$64,129,139	−6.4%	2.64%
CDNS	Cadence Design Systems Inc Technology	Reduced	202,957	-15,814	$62,541,199	+12.4%	2.57%
ADSK	Autodesk, Inc. Technology	Reduced	182,642	-53,703	$56,540,483	−8.6%	2.32%
V	Visa Inc. Financial Services	Added	153,411	+17,324	$54,468,574	+14.2%	2.24%
ZTS	Zoetis Inc. Healthcare	Added	311,872	+8,809	$48,636,438	−2.5%	2.00%
IDXX	Idexx Laboratories Inc /De Healthcare	Added	82,254	+3,039	$44,116,109	+32.6%	1.81%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	195,406	-1,526	$42,870,121	+14.4%	1.76%
JD	JD.com, Inc. Consumer Cyclical	Reduced	1,119,082	-302,826	$36,526,835	−37.5%	1.50%
DECK	Deckers Outdoor Corp Consumer Cyclical	Reduced	347,862	-8,349	$35,854,135	−10.0%	1.47%
RMD	Resmed Inc Healthcare	Reduced	136,131	-4,803	$35,121,798	+11.3%	1.44%
MMYT	MakeMyTrip Ltd Consumer Cyclical	Reduced	338,538	-10,971	$33,183,494	−3.1%	1.36%
CMG	Chipotle Mexican Grill Inc Consumer Cyclical	Reduced	585,342	-14,098	$32,866,953	+9.2%	1.35%
TCOM	Trip.com Group Ltd Consumer Cyclical	Reduced	555,578	-430,911	$32,579,093	−48.1%	1.34%
INTR	Inter & Co, Inc. Financial Services	NEW	3,773,950	NEW	$28,040,447	NEW	1.15%
LLY	ELI LILLY & Co Healthcare	Reduced	34,544	-298	$26,928,084	−6.4%	1.11%
EPAM	EPAM Systems, Inc. Technology	Reduced	124,255	-3,209	$21,970,768	+2.1%	0.90%
CRH	Crh Public Ltd Co Basic Materials	Reduced	182,500	-47,000	$16,753,500	−17.0%	0.69%
SNPS	Synopsys Inc Technology	Reduced	27,790	-280	$14,247,377	+18.4%	0.59%
GLOB	Globant S.A. Technology	Reduced	144,881	-150,980	$13,160,989	−62.2%	0.54%
AMAT	Applied Materials Inc /De Technology	Reduced	46,708	-266	$8,550,832	+25.4%	0.35%
DXCM	Dexcom Inc Healthcare	Reduced	94,523	-548	$8,250,911	+27.1%	0.34%
CPRT	Copart Inc Industrials	Reduced	154,469	-896	$7,579,793	−13.8%	0.31%
INFY	Infosys Ltd Technology	Reduced	343,767	-487,116	$6,370,002	−58.0%	0.26%
ISRG	Intuitive Surgical Inc Healthcare	Reduced	872	-2,131	$473,853	−68.1%	0.02%
VMI	Valmont Industries Inc Industrials	Reduced	1,043	-2,538	$340,612	−66.7%	0.01%
ECL	Ecolab Inc. Basic Materials	Reduced	1,178	-3,537	$317,400	−73.4%	0.01%
XYL	Xylem Inc. Industrials	Reduced	2,395	-6,732	$309,817	−71.6%	0.01%
RVTY	Revvity, Inc. Healthcare	Reduced	2,983	-7,511	$288,515	−74.0%	0.01%
TYL	Tyler Technologies Inc Technology	Reduced	462	-1,219	$273,892	−72.0%	0.01%
DE	Deere & Co Industrials	Reduced	507	-1,260	$257,804	−68.9%	0.01%
ULS	UL Solutions Inc. Industrials	NEW	3,474	NEW	$253,115	NEW	0.01%
LRN	Stride, Inc. Consumer Defensive	Reduced	1,646	-4,076	$238,982	−67.0%	0.01%
VRRM	VERRA MOBILITY Corp Technology	Reduced	7,912	-19,210	$200,885	−67.1%	0.01%