PLATINUM INVESTMENT MANAGEMENT LTD
CIK
1256071
Location
SYDNEY AUSTRALIA 2000, C3
Portfolio Value
Small
$389,973,364
Diversification
Diversified
Filing Date
Global Rank
#3,010
/ 8,622
▼ 62
· as of Mar 2026
Top Industry
Biotechnology
18.1%
3Y Alpha vs SPY
-2.2%
Period ended 4 months ago
Filed May 14, 2026 · 3mo
25 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.
Cloned portfolio
+56.5%
SPY
+67.9%
Annualised alpha
-2.7%
Max drawdown
−30.0%
Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.
Portfolio Concentration
88 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
12.9%
+2.9 pts
Top 5
27.1%
+0.6 pts
Top 10
38.2%
+1.6 pts
HHI
310
Diversified+40
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Healthcare | 31.1% | $121,393,441 |
| Consumer Cyclical | 18.8% | $73,490,365 |
| Industrials | 15.7% | $61,411,435 |
| Technology | 12.3% | $48,150,718 |
| Financial Services | 7.3% | $28,650,485 |
| Consumer Defensive | 6.5% | $25,459,910 |
| Communication Services | 4.9% | $19,184,849 |
| Energy | 2.3% | $9,105,811 |
| Real Estate | 0.8% | $3,126,350 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
16 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| PALI | Palisade Bio, Inc. | +567,327 | 1,231,414 | $2,154,974 | |
| WVE | Wave Life Sciences Ltd. | +44,582 | 275,269 | $1,995,700 | |
| ELF | e.l.f. Beauty, Inc. | +30,500 | 72,500 | $4,394,225 | |
| BIRK | Birkenstock Holding plc | +27,400 | 275,000 | $9,853,250 | |
| DDL | Dingdong (Cayman) Ltd | +25,618 | 6,486,507 | $16,670,322 | |
| BROS | Dutch Bros Inc. | +15,000 | 52,500 | $2,659,650 | |
| CSGP | Costar Group, Inc. | +12,500 | 77,500 | $3,126,350 | |
| CAVA | Cava Group, Inc. | +7,500 | 45,000 | $3,640,500 | |
| ADBE | Adobe Inc. | +4,725 | 18,571 | $4,514,238 | |
| WING | Wingstop Inc. | +4,000 | 12,000 | $1,859,640 | |
| CAT | Caterpillar Inc | +3,000 | 8,500 | $6,021,910 | |
| RVMD | Revolution Medicines, Inc. | +2,161 | 20,813 | $2,024,064 | |
| MSI | Motorola Solutions, Inc. | +2,027 | 6,302 | $2,734,878 | |
| BBIO | BridgeBio Pharma, Inc. | +1,513 | 49,269 | $3,658,715 | |
| V | Visa Inc. | +300 | 15,000 | $4,533,600 | |
| BKNG | Booking Holdings Inc. | +300 | 500 | $2,105,160 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| ROIV | Roivant Sciences Ltd. | −96,749 | 92,397 | $2,559,396 | |
| NOAH | Noah Holdings Ltd | −65,300 | 993,612 | $9,836,758 | |
| TCOM | Trip.com Group Ltd | −64,000 | 379,718 | $18,906,159 | |
| IDYA | IDEAYA Biosciences, Inc. | −28,967 | 91,637 | $3,053,344 | |
| ARWR | Arrowhead Pharmaceuticals, Inc. | −24,732 | 64,752 | $4,059,950 | |
| GPCR | Structure Therapeutics Inc. | −21,010 | 66,864 | $3,222,844 | |
| CNTA | Centessa Pharmaceuticals plc | −17,360 | 137,741 | $5,471,072 | |
| MOD | Modine Manufacturing Co | −13,822 | 3,633 | $787,307 | |
| APGE | Apogee Therapeutics, Inc. | −10,898 | 58,314 | $4,908,289 | |
| AS | Amer Sports, Inc. | −10,000 | 150,000 | $4,938,000 | |
| LRCX | Lam Research Corp | −9,406 | 46,439 | $9,922,156 | |
| COGT | Cogent Biosciences, Inc. | −9,163 | 112,066 | $4,313,420 | |
| ICE | Intercontinental Exchange, Inc. | −7,943 | 23,913 | $3,761,036 | |
| KR | Kroger Co | −5,923 | 60,743 | $4,395,363 | |
| VERA | Vera Therapeutics, Inc. | −5,697 | 113,687 | $4,573,628 | |
| AVGO | Broadcom Inc. | −4,688 | 26,186 | $8,104,828 | |
| MSFT | Microsoft Corp | −4,439 | 4,134 | $1,530,282 | |
| GOOGL | Alphabet Inc. | −4,000 | 12,000 | $3,450,720 | |
| DRUG | Bright Minds Biosciences Inc. | −2,603 | 19,127 | $1,395,697 | |
| JD | JD.com, Inc. | −2,203 | 28,650 | $847,180 | |
| META | Meta Platforms, Inc. | −2,000 | 5,000 | $2,860,650 | |
| VRT | Vertiv Holdings Co | −1,918 | 10,127 | $2,537,623 | |
| HD | Home Depot, Inc. | −1,800 | 11,500 | $3,782,235 | |
| BSX | Boston Scientific Corp | −1,727 | 17,827 | $1,118,644 | |
| FND | Floor & Decor Holdings, Inc. | −1,400 | 67,500 | $3,429,000 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
7 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| AZN | Astrazeneca PLC | 48,088 | $9,483,915 | |
| NFLX | Netflix Inc | 50,023 | $4,809,711 | |
| ECHO | EchoStar CORP | 12,509 | $1,464,428 | |
| DFTX | Definium Therapeutics, Inc. | 70,000 | $1,323,000 | |
| APH | Amphenol Corp /De/ | 9,440 | $1,192,744 | |
| CCCC | C4 Therapeutics, Inc. | 384,766 | $1,011,934 | |
| GSAT | Globalstar, Inc. | 14,168 | $941,038 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| AMZN | Amazon Com Inc | 31,080 | $7,173,885 | |
| UBER | Uber Technologies, Inc | 63,217 | $5,165,461 | |
| WWW | Wolverine World Wide Inc /De/ | 200,000 | $3,630,000 | |
| GOSS | Gossamer Bio, Inc. | 561,951 | $1,742,048 | |
| ANET | Arista Networks, Inc. | 12,456 | $1,632,109 | |
| SHOP | Shopify Inc. | 8,161 | $1,313,676 | |
| PSIX | Power Solutions International, Inc. | 20,000 | $1,142,800 | |
| CPNG | Coupang, Inc. | 47,735 | $1,126,068 | |
| MICC | Magnum Ice Cream Co N.V. | 21,682 | $343,659 | |
| PONY | Pony AI Inc. | 16,552 | $240,004 | |
| INTC | Intel Corp | 5,453 | $201,215 | |
| BCC | BOISE CASCADE Co | 1,403 | $103,260 | |
| JAZZ | Jazz Pharmaceuticals plc | 452 | $76,840 | |
| OMF | OneMain Holdings, Inc. | 1,091 | $73,697 | |
| GT | Goodyear Tire & Rubber Co /Oh/ | 8,244 | $72,217 | |
| HUN | Huntsman CORP | 6,761 | $67,610 | |
| CLB | Core Laboratories Inc. /DE/ | 4,196 | $67,261 | |
| MTDR | Matador Resources Co | 1,573 | $66,758 | |
| VIST | Vista Energy, S.A.B. de C.V. | 1,370 | $66,664 | |
| UNH | Unitedhealth Group Inc | 201 | $66,352 | |
| WHR | Whirlpool Corp /De/ | 919 | $66,296 | |
| CVS | CVS HEALTH Corp | 830 | $65,868 | |
| TGT | Target Corp | 673 | $65,785 | |
| DOW | Dow Inc. | 2,798 | $65,417 | |
| CPB | CAMPBELL'S Co | 2,301 | $64,128 | |
| No positions match the current search. | ||||
88 tracked positions ·
$389,973,364 total
· filing declares
89 positions · $396,751,545
· as of Mar 31, 2026
All sectors
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Showing 1–50
of 88 positions by value
· page 1 of 2
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| ZTO |
ZTO Express (Cayman) Inc.
Industrials
|
Held | 1,994,127 | $50,192,176 | 12.87% | |
| TCOM |
Trip.com Group Ltd
Consumer Cyclical
|
Reduced | 379,718 | $18,906,159 | 4.85% | |
| DDL |
Dingdong (Cayman) Ltd
Consumer Defensive
|
Added | 6,486,507 | $16,670,322 | 4.27% | |
| LRCX |
Lam Research Corp
Technology
|
Reduced | 46,439 | $9,922,156 | 2.54% | |
| BIRK |
Birkenstock Holding plc
Consumer Cyclical
|
Added | 275,000 | $9,853,250 | 2.53% | |
| NOAH |
Noah Holdings Ltd
Financial Services
|
Reduced | 993,612 | $9,836,758 | 2.52% | |
| AZN |
Astrazeneca PLC
Healthcare
|
NEW | 48,088 | $9,483,915 | 2.43% | |
| AVGO |
Broadcom Inc.
Technology
|
Reduced | 26,186 | $8,104,828 | 2.08% | |
| PDD |
PDD Holdings Inc.
Consumer Cyclical
|
Held | 78,445 | $8,015,510 | 2.06% | |
| MU |
Micron Technology Inc
Technology
|
Reduced | 23,656 | $7,991,943 | 2.05% | |
| MRK |
Merck & Co., Inc.
Healthcare
|
Held | 63,316 | $7,616,281 | 1.95% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Held | 27,830 | $6,802,765 | 1.74% | |
| ABBV |
AbbVie Inc.
Healthcare
|
Held | 30,102 | $6,546,883 | 1.68% | |
| YUM |
Yum Brands Inc
Consumer Cyclical
|
Held | 39,847 | $6,195,411 | 1.59% | |
| CAT |
Caterpillar Inc
Industrials
|
Added | 8,500 | $6,021,910 | 1.54% | |
| HTHT |
H World Group Ltd
Consumer Cyclical
|
Held | 117,996 | $5,934,018 | 1.52% | |
| TERN |
Terns Pharmaceuticals, Inc.
Healthcare
|
Held | 110,734 | $5,837,896 | 1.50% | |
| RCI |
Rogers Communications Inc
Communication Services
|
Held | 147,160 | $5,658,302 | 1.45% | |
| CNTA |
Centessa Pharmaceuticals plc
Healthcare
|
Reduced | 137,741 | $5,471,072 | 1.40% | |
| ZTS |
Zoetis Inc.
Healthcare
|
Held | 42,000 | $4,964,820 | 1.27% | |
| AS |
Amer Sports, Inc.
Consumer Cyclical
|
Reduced | 150,000 | $4,938,000 | 1.27% | |
| NVDA |
Nvidia Corp
Technology
|
Held | 28,191 | $4,916,510 | 1.26% | |
| APGE |
Apogee Therapeutics, Inc.
Healthcare
|
Reduced | 58,314 | $4,908,289 | 1.26% | |
| NFLX |
Netflix Inc
Communication Services
|
NEW | 50,023 | $4,809,711 | 1.23% | |
| CCJ |
Cameco Corp
Energy
|
Held | 42,356 | $4,600,285 | 1.18% | |
| UBS |
UBS Group AG
Financial Services
|
Held | 117,507 | $4,590,998 | 1.18% | |
| VERA |
Vera Therapeutics, Inc.
Healthcare
|
Reduced | 113,687 | $4,573,628 | 1.17% | |
| IQV |
Iqvia Holdings Inc.
Healthcare
|
Held | 26,708 | $4,554,782 | 1.17% | |
| V |
Visa Inc.
Financial Services
|
Added | 15,000 | $4,533,600 | 1.16% | |
| IMVT |
Immunovant, Inc.
Healthcare
|
Held | 181,774 | $4,515,266 | 1.16% | |
| ADBE |
Adobe Inc.
Technology
|
Added | 18,571 | $4,514,238 | 1.16% | |
| VAL |
Valaris Ltd
Energy
|
Held | 45,956 | $4,505,526 | 1.16% | |
| KR |
Kroger Co
Consumer Defensive
|
Reduced | 60,743 | $4,395,363 | 1.13% | |
| ELF |
e.l.f. Beauty, Inc.
Consumer Defensive
|
Added | 72,500 | $4,394,225 | 1.13% | |
| COGT |
Cogent Biosciences, Inc.
Healthcare
|
Reduced | 112,066 | $4,313,420 | 1.11% | |
| ARWR |
Arrowhead Pharmaceuticals, Inc.
Healthcare
|
Reduced | 64,752 | $4,059,950 | 1.04% | |
| HD |
Home Depot, Inc.
Consumer Cyclical
|
Reduced | 11,500 | $3,782,235 | 0.97% | |
| ICE |
Intercontinental Exchange, Inc.
Financial Services
|
Reduced | 23,913 | $3,761,036 | 0.96% | |
| ADCT |
ADC Therapeutics SA
Healthcare
|
Held | 990,778 | $3,715,417 | 0.95% | |
| BBIO |
BridgeBio Pharma, Inc.
Healthcare
|
Added | 49,269 | $3,658,715 | 0.94% | |
| CAVA |
Cava Group, Inc.
Consumer Cyclical
|
Added | 45,000 | $3,640,500 | 0.93% | |
| FICO |
Fair Isaac Corp
Technology
|
Reduced | 3,400 | $3,629,636 | 0.93% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 12,000 | $3,450,720 | 0.88% | |
| FND |
Floor & Decor Holdings, Inc.
Consumer Cyclical
|
Reduced | 67,500 | $3,429,000 | 0.88% | |
| GPCR |
Structure Therapeutics Inc.
Healthcare
|
Reduced | 66,864 | $3,222,844 | 0.83% | |
| CSGP |
Costar Group, Inc.
Real Estate
|
Added | 77,500 | $3,126,350 | 0.80% | |
| TRU |
TransUnion
Financial Services
|
Held | 44,595 | $3,085,528 | 0.79% | |
| IDYA |
IDEAYA Biosciences, Inc.
Healthcare
|
Reduced | 91,637 | $3,053,344 | 0.78% | |
| RCUS |
Arcus Biosciences, Inc.
Healthcare
|
Held | 134,217 | $2,899,087 | 0.74% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Reduced | 5,000 | $2,860,650 | 0.73% |
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.