Munro Partners

CIK

1768744

Location

MELBOURNE, C3

Portfolio Value

Mid $2,854,910,598

Diversification

Diversified

Filing Date

Global Rank

#959 / 8,603 ▼ 116 · as of Mar 2026

Top Industry

Semiconductors 14.7%

3Y Alpha vs SPY

+7.0%

Period ended 3 months ago

Filed May 6, 2026 · 2mo

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

+107.9%

SPY

+76.0%

Annualised alpha

+6.9%

Max drawdown

−27.2%

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

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

Top Position

10.1%

−2.9 pts

Top 5

33.3%

−1.7 pts

Top 10

53.6%

−1.3 pts

HHI

416

Diversified−38

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Industrials	38.5%	$1,100,140,929	24
Technology	21.1%	$603,617,383	12
Communication Services	8.7%	$249,597,231	3
Consumer Cyclical	6.8%	$194,182,678	3
Utilities	6.8%	$192,883,539	4
Healthcare	5.5%	$157,456,187	3
Energy	4.4%	$125,462,455	2
Financial Services	4.4%	$124,513,139	3
Basic Materials	3.7%	$107,057,057	4

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
NEE	Nextera Energy Inc	+1,167,275	1,544,112	$143,417,122
BIPH	Brookfield Infrastructure Partners L.P.	+355,645	711,885	$25,713,286
DRS	Leonardo DRS, Inc.	+298,820	626,915	$27,910,255
HWM	Howmet Aerospace Inc.	+293,194	358,477	$82,614,609
AVGO	Broadcom Inc.	+281,720	408,396	$126,402,645
TRGP	Targa Resources Corp.	+111,590	428,800	$107,513,024
IBKR	Interactive Brokers Group, Inc.	+99,005	219,390	$14,714,487
CCJ	Cameco Corp	+80,495	165,265	$17,949,431
LLY	ELI LILLY & Co	+63,555	102,075	$93,885,522
ETN	Eaton Corp plc	+51,985	328,527	$117,504,252
ROAD	Construction Partners, Inc.	+46,760	125,575	$13,953,894
PWR	Quanta Services, Inc.	+13,680	90,002	$49,412,898
AIR	Aar Corp	+10,930	119,225	$13,050,368
CW	Curtiss Wright Corp	+6,370	25,190	$17,157,412
LIN	Linde PLC	+2,885	64,959	$32,204,073
COHR	Coherent Corp.	+1,115	41,305	$9,839,264
No positions match the current search.

Trimmed

Positions the filer reduced

22 positions

Ticker	Company	Δ Shares	Shares	Value
CRH	Crh Public Ltd Co	−919,320	183,080	$19,245,369
NVDA	Nvidia Corp	−853,770	1,653,751	$288,414,174
SN	SharkNinja, Inc.	−764,236	20,350	$2,155,065
LGN	Legence Corp.	−648,810	747,832	$42,222,594
CEG	Constellation Energy Corp	−429,207	50,050	$13,976,462
MSFT	Microsoft Corp	−369,128	15,347	$5,680,998
HEI	Heico Corp	−236,448	48,450	$13,284,990
META	Meta Platforms, Inc.	−180,750	2,015	$1,152,841
CLS	Celestica Inc	−151,470	19,510	$5,495,576
GOOGL	Alphabet Inc.	−138,240	435,667	$125,280,402
GFL	GFL Environmental Inc.	−138,220	520,187	$21,702,201
AMZN	Amazon Com Inc	−126,275	798,898	$166,386,486
TKO	TKO Group Holdings, Inc.	−101,475	610,781	$123,163,988
CIEN	Ciena Corp	−89,455	214,975	$83,459,744
JCI	Johnson Controls International plc	−85,770	807,487	$105,740,422
GE	General Electric Co	−84,755	227,855	$64,658,413
GEV	GE Vernova Inc.	−70,405	259,933	$226,895,515
CLH	Clean Harbors Inc	−45,090	40,669	$11,661,022
VRT	Vertiv Holdings Co	−42,075	93,015	$23,307,698
MA	Mastercard Inc	−35,360	206,114	$102,986,921
NVMI	Nova Ltd.	−15,030	21,450	$9,315,306
FIX	Comfort Systems USA Inc	−2,730	20,704	$28,550,608
No positions match the current search.

New Positions

Positions the filer opened this quarter

20 positions

Ticker	Company	Shares	Value
RTX	RTX Corp	448,785	$86,570,626
STRL	Sterling Infrastructure, Inc.	164,995	$67,197,513
MCK	Mckesson Corp	68,765	$59,506,480
LITE	Lumentum Holdings Inc.	73,395	$51,579,070
BWXT	BWX Technologies, Inc.	246,220	$50,349,527
CF	CF Industries Holdings, Inc.	372,730	$48,395,263
MOD	Modine Manufacturing Co	118,320	$25,641,127
PRIM	Primoris Services Corp	112,170	$16,044,796
NI	Nisource Inc.	209,530	$9,776,669
NXT	Nextpower Inc.	65,635	$7,912,299
VVX	V2X, Inc.	110,485	$7,568,222
SOLS	Solstice Advanced Materials Inc.	94,700	$7,212,352
AGX	Argan Inc	13,225	$7,202,996
CBOE	Cboe Global Markets, Inc.	24,235	$6,811,731
RMBS	Rambus Inc	64,395	$5,539,901
LFUS	Littelfuse Inc /De	16,095	$5,461,838
TER	Teradyne, Inc	15,235	$4,516,568
MDLN	Medline Inc.	91,330	$4,064,185
FPS	Forgent Power Solutions, Inc.	100,185	$2,932,414
POWL	Powell Industries Inc	14,680	$2,647,684
No positions match the current search.

Sold Out

Positions the filer fully exited

20 positions

Ticker	Company	Shares	Value
BSX	Boston Scientific Corp	1,256,810	$119,836,833
V	Visa Inc.	263,300	$92,341,943
SHOP	Shopify Inc.	392,935	$63,250,746
ISRG	Intuitive Surgical Inc	109,390	$61,954,120
JEF	Jefferies Financial Group Inc.	975,795	$60,470,016
AXON	Axon Enterprise, Inc.	97,662	$55,465,179
MIR	Mirion Technologies, Inc.	640,220	$14,993,952
RDDT	Reddit, Inc.	41,550	$9,551,098
TLN	Talen Energy Corp	23,125	$8,668,175
PODD	Insulet Corp	26,470	$7,523,832
TT	Trane Technologies plc	16,895	$6,575,534
ALAB	Astera Labs, Inc.	39,430	$6,559,574
FUTU	Futu Holdings Ltd	39,150	$6,428,821
WAY	Waystar Holding Corp.	182,115	$5,964,266
WM	Waste Management Inc	25,735	$5,654,236
TW	Tradeweb Markets Inc.	48,070	$5,169,447
MELI	Mercadolibre Inc	2,345	$4,723,439
FRMI	Fermi Inc.	526,800	$4,214,400
SPOT	Spotify Technology S.A.	6,370	$3,699,122
AVAV	AeroVironment Inc	11,215	$2,712,796
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

58 positions · $2,854,910,598 total · as of Mar 31, 2026

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

Showing 1–50 of 58 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Reduced	1,653,751	-853,770	$288,414,174	−38.3%	10.10%
GEV	GE Vernova Inc. Industrials	Reduced	259,933	-70,405	$226,895,515	+5.1%	7.95%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	798,898	-126,275	$166,386,486	−22.1%	5.83%
NEE	Nextera Energy Inc Utilities	Added	1,544,112	+1,167,275	$143,417,122	+374.1%	5.02%
AVGO	Broadcom Inc. Technology	Added	408,396	+281,720	$126,402,645	+188.3%	4.43%
GOOGL	Alphabet Inc. Communication Services	Reduced	435,667	-138,240	$125,280,402	−30.3%	4.39%
TKO	TKO Group Holdings, Inc. Communication Services	Reduced	610,781	-101,475	$123,163,988	−17.3%	4.31%
ETN	Eaton Corp plc Industrials	Added	328,527	+51,985	$117,504,252	+33.4%	4.12%
TRGP	Targa Resources Corp. Energy	Added	428,800	+111,590	$107,513,024	+83.7%	3.77%
JCI	Johnson Controls International plc Industrials	Reduced	807,487	-85,770	$105,740,422	−1.1%	3.70%
MA	Mastercard Inc Financial Services	Reduced	206,114	-35,360	$102,986,921	−25.3%	3.61%
LLY	ELI LILLY & Co Healthcare	Added	102,075	+63,555	$93,885,522	+126.8%	3.29%
RTX	RTX Corp Industrials	NEW	448,785	NEW	$86,570,626	NEW	3.03%
CIEN	Ciena Corp Technology	Reduced	214,975	-89,455	$83,459,744	+17.2%	2.92%
HWM	Howmet Aerospace Inc. Industrials	Added	358,477	+293,194	$82,614,609	+517.2%	2.89%
STRL	Sterling Infrastructure, Inc. Industrials	NEW	164,995	NEW	$67,197,513	NEW	2.35%
GE	General Electric Co Industrials	Reduced	227,855	-84,755	$64,658,413	−32.9%	2.26%
MCK	Mckesson Corp Healthcare	NEW	68,765	NEW	$59,506,480	NEW	2.08%
LITE	Lumentum Holdings Inc. Technology	NEW	73,395	NEW	$51,579,070	NEW	1.81%
BWXT	BWX Technologies, Inc. Industrials	NEW	246,220	NEW	$50,349,527	NEW	1.76%
PWR	Quanta Services, Inc. Industrials	Added	90,002	+13,680	$49,412,898	+53.4%	1.73%
CF	CF Industries Holdings, Inc. Basic Materials	NEW	372,730	NEW	$48,395,263	NEW	1.70%
LGN	Legence Corp. Industrials	Reduced	747,832	-648,810	$42,222,594	−29.8%	1.48%
LIN	Linde PLC Basic Materials	Added	64,959	+2,885	$32,204,073	+21.7%	1.13%
FIX	Comfort Systems USA Inc Industrials	Reduced	20,704	-2,730	$28,550,608	+30.5%	1.00%
DRS	Leonardo DRS, Inc. Industrials	Added	626,915	+298,820	$27,910,255	+149.5%	0.98%
BIPH	Brookfield Infrastructure Partners L.P. Utilities	Added	711,885	+355,645	$25,713,286	+107.8%	0.90%
MOD	Modine Manufacturing Co Consumer Cyclical	NEW	118,320	NEW	$25,641,127	NEW	0.90%
VRT	Vertiv Holdings Co Industrials	Reduced	93,015	-42,075	$23,307,698	+6.5%	0.82%
GFL	GFL Environmental Inc. Industrials	Reduced	520,187	-138,220	$21,702,201	−23.3%	0.76%
CRH	Crh Public Ltd Co Basic Materials	Reduced	183,080	-919,320	$19,245,369	−86.0%	0.67%
CCJ	Cameco Corp Energy	Added	165,265	+80,495	$17,949,431	+131.4%	0.63%
CW	Curtiss Wright Corp Industrials	Added	25,190	+6,370	$17,157,412	+65.4%	0.60%
PRIM	Primoris Services Corp Industrials	NEW	112,170	NEW	$16,044,796	NEW	0.56%
IBKR	Interactive Brokers Group, Inc. Financial Services	Added	219,390	+99,005	$14,714,487	+90.1%	0.52%
CEG	Constellation Energy Corp Utilities	Reduced	50,050	-429,207	$13,976,462	−91.7%	0.49%
ROAD	Construction Partners, Inc. Industrials	Added	125,575	+46,760	$13,953,894	+63.1%	0.49%
HEI	Heico Corp Industrials	Reduced	48,450	-236,448	$13,284,990	−85.6%	0.47%
AIR	Aar Corp Industrials	Added	119,225	+10,930	$13,050,368	+45.6%	0.46%
CLH	Clean Harbors Inc Industrials	Reduced	40,669	-45,090	$11,661,022	−42.0%	0.41%
COHR	Coherent Corp. Technology	Added	41,305	+1,115	$9,839,264	+32.6%	0.34%
NI	Nisource Inc. Utilities	NEW	209,530	NEW	$9,776,669	NEW	0.34%
NVMI	Nova Ltd. Technology	Reduced	21,450	-15,030	$9,315,306	−22.2%	0.33%
NXT	Nextpower Inc. Technology	NEW	65,635	NEW	$7,912,299	NEW	0.28%
VVX	V2X, Inc. Industrials	NEW	110,485	NEW	$7,568,222	NEW	0.27%
SOLS	Solstice Advanced Materials Inc. Basic Materials	NEW	94,700	NEW	$7,212,352	NEW	0.25%
AGX	Argan Inc Industrials	NEW	13,225	NEW	$7,202,996	NEW	0.25%
CBOE	Cboe Global Markets, Inc. Financial Services	NEW	24,235	NEW	$6,811,731	NEW	0.24%
MSFT	Microsoft Corp Technology	Reduced	15,347	-369,128	$5,680,998	−96.9%	0.20%
RMBS	Rambus Inc Technology	NEW	64,395	NEW	$5,539,901	NEW	0.19%