Ninety One North America, Inc.

CIK

1633343

Location

New York, NY

Portfolio Value

Mid $2,092,051,720

Diversification

Diversified

Filing Date

Global Rank

#1,172 / 8,607 ▼ 52 · as of Mar 2026

Top Industry

Credit Services 10.5%

3Y Alpha vs SPY

-10.0%

Period ended 3 months ago

Filed Apr 24, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

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

Cloned portfolio

+35.5%

SPY

+77.0%

Annualised alpha

-10.3%

Max drawdown

−14.0%

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

94 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

6.4%

−0.2 pts

Top 5

25.7%

−1.2 pts

Top 10

41.8%

−2.1 pts

HHI

278

Diversified−12

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	28.0%	$586,815,376	22
Technology	25.3%	$529,071,177	19
Healthcare	12.5%	$260,886,334	12
Communication Services	12.0%	$251,663,583	6
Consumer Defensive	7.7%	$161,599,386	5
Industrials	6.0%	$125,703,775	14
Energy	3.1%	$65,561,319	3
Basic Materials	2.8%	$58,438,028	6
Consumer Cyclical	1.2%	$26,118,790	5
Utilities	1.1%	$23,904,061	1
Real Estate	0.1%	$2,289,891	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
XP	XP Inc.	+488,677	1,924,627	$36,644,898
VIST	Vista Energy, S.A.B. de C.V.	+131,485	615,315	$46,437,823
EW	Edwards Lifesciences Corp	+69,386	637,330	$51,037,386
IBN	Icici Bank Ltd	+65,769	647,806	$16,778,175
MRSH	Marsh & Mclennan Companies, Inc.	+43,754	310,998	$53,942,603
INTU	Intuit Inc.	+41,962	150,793	$65,199,877
AAPL	Apple Inc.	+19,607	44,605	$11,320,302
ALC	Alcon Inc	+19,305	747,610	$56,332,413
FTI	TechnipFMC plc	+18,334	157,464	$10,885,486
XOM	ExxonMobil Holdings Corp	+12,678	48,556	$8,238,010
BSX	Boston Scientific Corp	+11,301	89,019	$5,585,942
PM	Philip Morris International Inc.	+11,156	717,522	$118,635,087
MNST	Monster Beverage Corp	+9,047	473,729	$34,326,403
V	Visa Inc.	+7,107	445,451	$134,633,110
EA	Electronic Arts Inc.	+6,573	339,175	$69,147,607
NTES	NetEase, Inc.	+5,692	505,933	$56,634,140
BA	Boeing Co	+5,429	22,260	$4,430,407
ABT	Abbott Laboratories	+5,356	49,700	$5,102,699
JNJ	Johnson & Johnson	+5,053	283,305	$69,251,074
MA	Mastercard Inc	+4,613	169,348	$84,616,421
JPM	Jpmorgan Chase & Co	+4,197	31,011	$9,122,195
CHKP	Check Point Software Technologies Ltd	+4,045	207,691	$29,668,659
ALGN	Align Technology Inc	+3,351	172,379	$29,550,931
VRSN	Verisign Inc/Ca	+3,286	162,220	$40,288,959
BKNG	Booking Holdings Inc.	+2,466	18,471	$3,110,752
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
KGC	Kinross Gold Corp	−285,072	155,342	$4,741,037
TX	Ternium S.A.	−187,486	598,167	$24,016,405
NU	Nu Holdings Ltd.	−172,040	2,583,346	$37,122,682
HDB	Hdfc Bank Ltd	−103,106	95,665	$2,380,145
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−76,325	180,743	$61,082,096
GOOGL	Alphabet Inc.	−49,127	377,289	$108,493,224
NEE	Nextera Energy Inc	−26,871	257,365	$23,904,061
ASX	ASE Technology Holding Co., Ltd.	−22,589	451,792	$9,794,850
MSFT	Microsoft Corp	−12,115	245,195	$90,763,833
BAP	Credicorp Ltd	−12,101	154,713	$52,475,555
TKO	TKO Group Holdings, Inc.	−9,574	52,657	$10,618,284
TTWO	Take Two Interactive Software Inc	−7,983	13,191	$2,605,222
PG	PROCTER & GAMBLE Co	−7,533	12,868	$1,858,653
CP	Canadian Pacific Kansas City Ltd/Cn	−5,750	214,384	$16,863,445
NVDA	Nvidia Corp	−5,595	146,533	$25,555,355
AVGO	Broadcom Inc.	−3,644	37,538	$11,618,386
ADSK	Autodesk, Inc.	−3,523	300,528	$71,946,403
KO	Coca Cola Co	−3,024	5,166	$392,874
TTEK	Tetra Tech Inc	−2,386	413,149	$12,444,047
ICE	Intercontinental Exchange, Inc.	−1,661	24,076	$3,786,673
ZTS	Zoetis Inc.	−1,284	11,671	$1,379,628
OTIS	Otis Worldwide Corp	−1,153	1,969	$151,770
GS	Goldman Sachs Group Inc	−1,081	4,154	$3,514,242
AON	Aon plc	−926	175,559	$56,666,934
ACM	Aecom	−783	137,018	$11,621,866
No positions match the current search.

New Positions

Positions the filer opened this quarter

6 positions

Ticker	Company	Shares	Value
AZN	Astrazeneca PLC	158,554	$31,270,019
ALLE	Allegion plc	210,506	$30,584,416
LIN	Linde PLC	31,677	$15,704,189
TT	Trane Technologies plc	14,506	$6,045,230
QCOM	Qualcomm Inc/De	22,831	$2,940,176
KEY	Keycorp /New/	127,453	$2,555,432
No positions match the current search.

Sold Out

Positions the filer fully exited

9 positions

Ticker	Company	Shares	Value
ICLR	Icon PLC	455,399	$82,982,805
VALE	Vale S.A.	3,361,779	$43,803,980
STNE	StoneCo Ltd.	1,580,941	$23,382,117
OKTA	Okta, Inc.	26,425	$2,284,969
BROS	Dutch Bros Inc.	35,423	$2,168,596
PINS	Pinterest, Inc.	83,397	$2,159,148
DASH	DoorDash, Inc.	9,402	$2,129,364
HOOD	Robinhood Markets, Inc.	15,863	$1,794,105
CPNG	Coupang, Inc.	717	$16,914
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

94 positions · $2,092,051,720 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 94 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
V	Visa Inc. Financial Services	Added	445,451	+7,107	$134,633,110	−12.4%	6.44%
PM	Philip Morris International Inc. Consumer Defensive	Added	717,522	+11,156	$118,635,087	+4.7%	5.67%
GOOGL	Alphabet Inc. Communication Services	Reduced	377,289	-49,127	$108,493,224	−18.7%	5.19%
MSFT	Microsoft Corp Technology	Reduced	245,195	-12,115	$90,763,833	−27.1%	4.34%
MA	Mastercard Inc Financial Services	Added	169,348	+4,613	$84,616,421	−10.0%	4.04%
ADSK	Autodesk, Inc. Technology	Reduced	300,528	-3,523	$71,946,403	−20.1%	3.44%
JNJ	Johnson & Johnson Healthcare	Added	283,305	+5,053	$69,251,074	+20.3%	3.31%
EA	Electronic Arts Inc. Communication Services	Added	339,175	+6,573	$69,147,607	+1.7%	3.31%
INTU	Intuit Inc. Technology	Added	150,793	+41,962	$65,199,877	−9.6%	3.12%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	180,743	-76,325	$61,082,096	−21.8%	2.92%
AON	Aon plc Financial Services	Reduced	175,559	-926	$56,666,934	−9.0%	2.71%
NTES	NetEase, Inc. Communication Services	Added	505,933	+5,692	$56,634,140	−17.7%	2.71%
ALC	Alcon Inc Healthcare	Added	747,610	+19,305	$56,332,413	−1.9%	2.69%
MRSH	Marsh & Mclennan Companies, Inc. Financial Services	Added	310,998	+43,754	$53,942,603	+8.8%	2.58%
BAP	Credicorp Ltd Financial Services	Reduced	154,713	-12,101	$52,475,555	+9.6%	2.51%
EW	Edwards Lifesciences Corp Healthcare	Added	637,330	+69,386	$51,037,386	+5.4%	2.44%
MSI	Motorola Solutions, Inc. Technology	Added	110,511	+2,111	$47,958,458	+15.4%	2.29%
VIST	Vista Energy, S.A.B. de C.V. Energy	Added	615,315	+131,485	$46,437,823	+97.2%	2.22%
VRSN	Verisign Inc/Ca Technology	Added	162,220	+3,286	$40,288,959	+4.3%	1.93%
NU	Nu Holdings Ltd. Financial Services	Reduced	2,583,346	-172,040	$37,122,682	−19.5%	1.77%
XP	XP Inc. Financial Services	Added	1,924,627	+488,677	$36,644,898	+55.9%	1.75%
MNST	Monster Beverage Corp Consumer Defensive	Added	473,729	+9,047	$34,326,403	−3.7%	1.64%
ADP	Automatic Data Processing Inc Technology	Added	163,479	+606	$33,215,663	−20.7%	1.59%
AZN	Astrazeneca PLC Healthcare	NEW	158,554	NEW	$31,270,019	NEW	1.49%
ALLE	Allegion plc Industrials	NEW	210,506	NEW	$30,584,416	NEW	1.46%
CHKP	Check Point Software Technologies Ltd Technology	Added	207,691	+4,045	$29,668,659	−21.5%	1.42%
ALGN	Align Technology Inc Healthcare	Added	172,379	+3,351	$29,550,931	+12.0%	1.41%
MCO	Moodys Corp /De/ Financial Services	Added	66,644	+1,171	$29,073,445	−13.1%	1.39%
SPGI	S&P Global Inc. Financial Services	Added	70,704	+1,257	$28,451,501	−17.1%	1.36%
NVDA	Nvidia Corp Technology	Reduced	146,533	-5,595	$25,555,355	−9.9%	1.22%
TX	Ternium S.A. Basic Materials	Reduced	598,167	-187,486	$24,016,405	−20.0%	1.15%
NEE	Nextera Energy Inc Utilities	Reduced	257,365	-26,871	$23,904,061	+4.8%	1.14%
FDS	Factset Research Systems Inc Financial Services	Added	87,903	+1,724	$19,074,071	−23.7%	0.91%
CP	Canadian Pacific Kansas City Ltd/Cn Industrials	Reduced	214,384	-5,750	$16,863,445	+4.0%	0.81%
IBN	Icici Bank Ltd Financial Services	Added	647,806	+65,769	$16,778,175	−3.3%	0.80%
TEL	TE Connectivity plc Technology	Reduced	75,471	-450	$15,774,948	−8.7%	0.75%
LIN	Linde PLC Basic Materials	NEW	31,677	NEW	$15,704,189	NEW	0.75%
TTEK	Tetra Tech Inc Industrials	Reduced	413,149	-2,386	$12,444,047	−10.7%	0.59%
ACM	Aecom Industrials	Reduced	137,018	-783	$11,621,866	−11.5%	0.56%
AVGO	Broadcom Inc. Technology	Reduced	37,538	-3,644	$11,618,386	−18.5%	0.56%
AGCO	Agco Corp /De Industrials	Reduced	100,078	-615	$11,596,037	+10.4%	0.55%
AAPL	Apple Inc. Technology	Added	44,605	+19,607	$11,320,302	+66.6%	0.54%
FTI	TechnipFMC plc Energy	Added	157,464	+18,334	$10,885,486	+75.6%	0.52%
AMZN	Amazon Com Inc Consumer Cyclical	Added	52,067	+346	$10,843,994	−9.2%	0.52%
TKO	TKO Group Holdings, Inc. Communication Services	Reduced	52,657	-9,574	$10,618,284	−18.4%	0.51%
WM	Waste Management Inc Industrials	Reduced	43,903	-257	$10,088,470	+4.0%	0.48%
ASX	ASE Technology Holding Co., Ltd. Technology	Reduced	451,792	-22,589	$9,794,850	+28.2%	0.47%
VMI	Valmont Industries Inc Industrials	Reduced	23,084	-144	$9,223,673	−1.3%	0.44%
JPM	Jpmorgan Chase & Co Financial Services	Added	31,011	+4,197	$9,122,195	+5.6%	0.44%
XOM	ExxonMobil Holdings Corp Energy	Added	48,556	+12,678	$8,238,010	+90.8%	0.39%