NS Partners Ltd

CIK

1657111

Location

LONDON, X0

Portfolio Value

Mid $2,049,771,287

Diversification

Diversified

Filing Date

Global Rank

#1,186 / 8,603 ▼ 69 · as of Mar 2026

Top Industry

Semiconductors 14.5%

3Y Alpha vs SPY

-11.5%

Period ended 3 months ago

Filed May 11, 2026 · 59d

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

+31.5%

SPY

+76.0%

Annualised alpha

-11.2%

Max drawdown

−17.7%

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

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

Top Position

10.2%

−0.3 pts

Top 5

31.7%

−4.8 pts

Top 10

44.6%

−4.0 pts

HHI

337

Diversified−44

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	33.3%	$683,263,724	10
Financial Services	15.5%	$317,990,366	10
Consumer Cyclical	12.2%	$249,488,597	9
Healthcare	10.7%	$220,053,717	11
Communication Services	7.1%	$145,905,386	4
Industrials	6.6%	$134,760,070	8
Consumer Defensive	5.5%	$111,853,481	7
Utilities	4.0%	$81,834,579	3
Energy	3.8%	$78,361,674	3
Basic Materials	0.7%	$13,763,566	3
Real Estate	0.6%	$12,496,127	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

16 positions

Ticker	Company	Δ Shares	Shares	Value
BAC	Bank Of America Corp /De/	+116,503	585,300	$28,533,374
WEC	Wec Energy Group, Inc.	+108,520	319,515	$36,990,251
AVGO	Broadcom Inc.	+92,221	176,501	$54,628,823
PM	Philip Morris International Inc.	+74,661	179,592	$29,693,741
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+56,939	72,557	$24,520,638
JPM	Jpmorgan Chase & Co	+33,424	194,058	$57,084,100
NVDA	Nvidia Corp	+21,214	1,194,585	$208,335,624
YUM	Yum Brands Inc	+19,706	193,550	$30,093,153
HDB	Hdfc Bank Ltd	+19,493	968,471	$24,095,558
RYAAY	Ryanair Holdings PLC	+4,406	17,181	$993,061
SBS	Companhia De Saneamento Basico Do Estado De Sao Paulo-Sabesp	+2,419	76,549	$467,101
TECK	Teck Resources Ltd	+2,100	8,900	$460,575
HD	Home Depot, Inc.	+746	3,231	$1,062,643
FUTU	Futu Holdings Ltd	+114	124,956	$17,088,982
CCI	Crown Castle Inc.	+71	153,685	$12,496,127
ALLE	Allegion plc	+22	71,683	$10,414,822
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
MSFT	Microsoft Corp	−116,937	384,464	$142,317,038
VALE	Vale S.A.	−112,300	590,200	$9,390,082
AMZN	Amazon Com Inc	−74,350	443,449	$92,357,122
META	Meta Platforms, Inc.	−47,115	123,440	$70,623,726
AAPL	Apple Inc.	−21,119	533,503	$135,397,725
MKC	Mccormick & Co Inc	−13,289	237,922	$12,000,785
KO	Coca Cola Co	−10,977	436,995	$33,233,469
NEE	Nextera Energy Inc	−7,821	477,791	$44,377,227
NKE	NIKE, Inc.	−6,169	231,075	$12,205,380
SBUX	Starbucks Corp	−5,735	171,552	$15,369,343
V	Visa Inc.	−5,719	152,099	$45,970,401
MA	Mastercard Inc	−5,127	95,511	$47,723,025
MAR	Marriott International Inc /Md/	−4,122	133,565	$43,685,104
SYK	Stryker Corp	−3,999	107,264	$35,245,876
MCD	Mcdonalds Corp	−3,828	117,139	$36,405,628
MNST	Monster Beverage Corp	−3,606	329,121	$23,848,106
TMUS	T-Mobile US, Inc.	−3,260	185,851	$39,034,285
ZTS	Zoetis Inc.	−3,059	171,955	$20,326,799
UNH	Unitedhealth Group Inc	−2,955	147,955	$40,035,143
VRSN	Verisign Inc/Ca	−2,387	101,770	$25,275,596
HON	Honeywell International Inc	−1,615	83,687	$19,838,253
EL	Estee Lauder Companies Inc	−1,534	117,704	$8,447,615
BDX	Becton Dickinson & Co	−1,416	57,396	$9,024,372
NOC	Northrop Grumman Corp /De/	−845	34,041	$23,224,130
ISRG	Intuitive Surgical Inc	−768	71,487	$32,954,791
No positions match the current search.

New Positions

Positions the filer opened this quarter

21 positions

Ticker	Company	Shares	Value
BRK-B	Berkshire Hathaway Inc	123,458	$59,161,072
AMAT	Applied Materials Inc /De	136,580	$46,681,677
T	At&T Inc.	1,243,215	$36,040,802
VIST	Vista Energy, S.A.B. de C.V.	461,370	$34,819,593
GEV	GE Vernova Inc.	34,596	$30,198,848
GE	General Electric Co	105,989	$30,076,497
CVX	Chevron Corp	131,741	$27,257,212
APH	Amphenol Corp /De/	193,344	$24,429,013
WFC	Wells Fargo & Company/Mn	262,818	$20,922,940
HTHT	H World Group Ltd	356,100	$17,908,269
BAP	Credicorp Ltd	49,657	$16,842,661
PBR	Petrobras - Petroleo Brasileiro SA	784,813	$16,284,869
LLY	ELI LILLY & Co	16,195	$14,895,675
MU	Micron Technology Inc	29,174	$9,856,143
SUZ	Suzano S.A.	390,900	$3,912,909
WAT	Waters Corp /De/	7,858	$2,340,111
UNP	Union Pacific Corp	3,458	$838,979
PG	PROCTER & GAMBLE Co	3,990	$576,315
CME	Cme Group Inc.	1,924	$568,253
AZO	Autozone Inc	119	$401,955
VZ	Verizon Communications Inc	4,115	$206,573
No positions match the current search.

Sold Out

Positions the filer fully exited

24 positions

Ticker	Company	Shares	Value
INTU	Intuit Inc.	98,760	$65,420,599
MSCI	MSCI Inc.	75,386	$43,251,208
SPGI	S&P Global Inc.	79,328	$39,220,452
MCO	Moodys Corp /De/	74,641	$38,130,354
VRSK	Verisk Analytics, Inc.	129,513	$28,970,762
CRM	Salesforce, Inc.	106,996	$28,344,310
ADBE	Adobe Inc.	66,958	$23,434,629
ADP	Automatic Data Processing Inc	82,109	$21,120,898
EFX	Equifax Inc	94,791	$20,567,750
ADSK	Autodesk, Inc.	66,803	$19,774,355
NOW	ServiceNow, Inc.	129,022	$19,764,879
GRAB	Grab Holdings Ltd	3,124,910	$15,593,300
VEEV	Veeva Systems Inc	68,595	$15,312,460
TRU	TransUnion	171,071	$14,669,338
CSGP	Costar Group, Inc.	214,981	$14,455,321
AUGO	Aura Minerals Inc.	277,300	$13,980,079
INFY	Infosys Ltd	769,900	$13,719,618
TME	Tencent Music Entertainment Group	757,800	$13,284,234
PYPL	PayPal Holdings, Inc.	163,603	$9,551,142
VNET	VNET Group, Inc.	937,500	$7,931,250
ILMN	Illumina, Inc.	52,719	$6,914,623
IBN	Icici Bank Ltd	38,800	$1,156,240
BKNG	Booking Holdings Inc.	5,091	$1,090,558
EQIX	Equinix Inc	277	$212,226
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

69 positions · $2,049,771,287 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 69 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Added	1,194,585	+21,214	$208,335,624	−4.8%	10.16%
MSFT	Microsoft Corp Technology	Reduced	384,464	-116,937	$142,317,038	−41.3%	6.94%
AAPL	Apple Inc. Technology	Reduced	533,503	-21,119	$135,397,725	−10.2%	6.61%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	443,449	-74,350	$92,357,122	−22.7%	4.51%
META	Meta Platforms, Inc. Communication Services	Reduced	123,440	-47,115	$70,623,726	−37.3%	3.45%
BRK-B	Berkshire Hathaway Inc Financial Services	NEW	123,458	NEW	$59,161,072	NEW	2.89%
JPM	Jpmorgan Chase & Co Financial Services	Added	194,058	+33,424	$57,084,100	+10.3%	2.78%
AVGO	Broadcom Inc. Technology	Added	176,501	+92,221	$54,628,823	+87.3%	2.67%
MA	Mastercard Inc Financial Services	Reduced	95,511	-5,127	$47,723,025	−16.9%	2.33%
AMAT	Applied Materials Inc /De Technology	NEW	136,580	NEW	$46,681,677	NEW	2.28%
V	Visa Inc. Financial Services	Reduced	152,099	-5,719	$45,970,401	−16.9%	2.24%
NEE	Nextera Energy Inc Utilities	Reduced	477,791	-7,821	$44,377,227	+13.8%	2.16%
MAR	Marriott International Inc /Md/ Consumer Cyclical	Reduced	133,565	-4,122	$43,685,104	+2.3%	2.13%
UNH	Unitedhealth Group Inc Healthcare	Reduced	147,955	-2,955	$40,035,143	−19.6%	1.95%
TMUS	T-Mobile US, Inc. Communication Services	Reduced	185,851	-3,260	$39,034,285	+1.7%	1.90%
WEC	Wec Energy Group, Inc. Utilities	Added	319,515	+108,520	$36,990,251	+66.2%	1.80%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	117,139	-3,828	$36,405,628	−1.5%	1.78%
T	At&T Inc. Communication Services	NEW	1,243,215	NEW	$36,040,802	NEW	1.76%
SYK	Stryker Corp Healthcare	Reduced	107,264	-3,999	$35,245,876	−9.9%	1.72%
VIST	Vista Energy, S.A.B. de C.V. Energy	NEW	461,370	NEW	$34,819,593	NEW	1.70%
KO	Coca Cola Co Consumer Defensive	Reduced	436,995	-10,977	$33,233,469	+6.1%	1.62%
ISRG	Intuitive Surgical Inc Healthcare	Reduced	71,487	-768	$32,954,791	−19.5%	1.61%
GEV	GE Vernova Inc. Industrials	NEW	34,596	NEW	$30,198,848	NEW	1.47%
YUM	Yum Brands Inc Consumer Cyclical	Added	193,550	+19,706	$30,093,153	+14.4%	1.47%
GE	General Electric Co Industrials	NEW	105,989	NEW	$30,076,497	NEW	1.47%
PM	Philip Morris International Inc. Consumer Defensive	Added	179,592	+74,661	$29,693,741	+76.4%	1.45%
BAC	Bank Of America Corp /De/ Financial Services	Added	585,300	+116,503	$28,533,374	+10.7%	1.39%
CVX	Chevron Corp Energy	NEW	131,741	NEW	$27,257,212	NEW	1.33%
VRSN	Verisign Inc/Ca Technology	Reduced	101,770	-2,387	$25,275,596	−0.1%	1.23%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	72,557	+56,939	$24,520,638	+416.6%	1.20%
APH	Amphenol Corp /De/ Technology	NEW	193,344	NEW	$24,429,013	NEW	1.19%
HDB	Hdfc Bank Ltd Financial Services	Added	968,471	+19,493	$24,095,558	−30.5%	1.18%
MNST	Monster Beverage Corp Consumer Defensive	Reduced	329,121	-3,606	$23,848,106	−6.5%	1.16%
NOC	Northrop Grumman Corp /De/ Industrials	Reduced	34,041	-845	$23,224,130	+16.7%	1.13%
BSX	Boston Scientific Corp Healthcare	Reduced	358,580	-676	$22,500,894	−34.3%	1.10%
WFC	Wells Fargo & Company/Mn Financial Services	NEW	262,818	NEW	$20,922,940	NEW	1.02%
ZTS	Zoetis Inc. Healthcare	Reduced	171,955	-3,059	$20,326,799	−7.7%	0.99%
HON	Honeywell International Inc Industrials	Reduced	83,687	-1,615	$19,838,253	+13.7%	0.97%
IDXX	Idexx Laboratories Inc /De Healthcare	Reduced	35,211	-353	$19,784,707	−17.8%	0.97%
LMT	Lockheed Martin Corp Industrials	Reduced	31,727	-701	$19,175,480	+22.3%	0.94%
HTHT	H World Group Ltd Consumer Cyclical	NEW	356,100	NEW	$17,908,269	NEW	0.87%
FUTU	Futu Holdings Ltd Financial Services	Added	124,956	+114	$17,088,982	−16.6%	0.83%
BAP	Credicorp Ltd Financial Services	NEW	49,657	NEW	$16,842,661	NEW	0.82%
PBR	Petrobras - Petroleo Brasileiro SA Energy	NEW	784,813	NEW	$16,284,869	NEW	0.79%
EW	Edwards Lifesciences Corp Healthcare	Reduced	193,233	-706	$15,474,098	−6.4%	0.75%
SBUX	Starbucks Corp Consumer Cyclical	Reduced	171,552	-5,735	$15,369,343	+2.9%	0.75%
LLY	ELI LILLY & Co Healthcare	NEW	16,195	NEW	$14,895,675	NEW	0.73%
CCI	Crown Castle Inc. Real Estate	Added	153,685	+71	$12,496,127	−8.5%	0.61%
NKE	NIKE, Inc. Consumer Cyclical	Reduced	231,075	-6,169	$12,205,380	−19.2%	0.60%
MKC	Mccormick & Co Inc Consumer Defensive	Reduced	237,922	-13,289	$12,000,785	−29.9%	0.59%