FIRETRAIL INVESTMENTS PTY LTD

CIK

1943822

Location

BRISBANE, QLD, C3

Portfolio Value

Small $293,026,327

Diversification

Diversified

Filing Date

Global Rank

#3,143 / 8,232 ▲ 121

Top Industry

Semiconductors 18.9%

3Y Alpha vs SPY

-2.6%

Period ended 2 months ago

Filed May 5, 2026 · 40d

10 quarters · since Dec 2023

Clone Performance

Feb 2024–Jun 2026 · vs SPY

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

Cloned portfolio

+45.2%

SPY

+52.9%

Annualised alpha

-2.6%

Max drawdown

−19.1%

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

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

Top Position

8.9%

−0.2 pts

Top 5

35.1%

+3.3 pts

Top 10

56.0%

+3.7 pts

HHI

467

Diversified+37

Portfolio Trend

10 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	38.2%	$111,790,700	9
Consumer Cyclical	17.0%	$49,672,375	4
Healthcare	12.4%	$36,339,629	4
Financial Services	11.4%	$33,493,385	5
Industrials	10.6%	$30,950,538	3
Consumer Defensive	3.6%	$10,427,477	1
Basic Materials	3.5%	$10,332,748	1
Real Estate	3.4%	$10,019,475	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

21 positions

Ticker	Company	Δ Shares	Shares	Value
WY	Weyerhaeuser Co	+92,239	410,130	$10,019,475
AMZN	Amazon Com Inc	+55,485	102,439	$21,334,970
NOW	ServiceNow, Inc.	+17,042	58,497	$6,115,861
TENB	Tenable Holdings, Inc.	+11,715	234,661	$3,970,464
GXO	GXO Logistics, Inc.	+7,910	173,951	$9,019,359
CDNS	Cadence Design Systems Inc	+7,161	18,686	$5,192,278
APTV	Aptiv PLC	+6,851	138,085	$9,588,622
IBKR	Interactive Brokers Group, Inc.	+5,033	103,259	$6,925,581
ALC	Alcon Inc	+4,117	84,729	$6,384,330
NVDA	Nvidia Corp	+3,882	84,466	$14,730,870
AMD	Advanced Micro Devices Inc	+3,426	76,126	$15,486,312
MTN	Vail Resorts Inc	+3,291	67,930	$8,716,777
ICLR	Icon PLC	+2,648	57,624	$6,376,671
WFC	Wells Fargo & Company/Mn	+2,152	44,565	$3,547,819
KEYS	Keysight Technologies, Inc.	+1,887	38,713	$10,931,389
ELV	Elevance Health, Inc.	+1,575	32,330	$9,464,607
AAPL	Apple Inc.	+1,276	103,230	$26,198,741
TT	Trane Technologies plc	+1,004	20,588	$8,579,843
JPM	Jpmorgan Chase & Co	+910	18,172	$5,345,475
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+791	74,327	$25,118,809
AZO	Autozone Inc	+136	2,970	$10,032,006
No positions match the current search.

Trimmed

Positions the filer reduced

7 positions

Ticker	Company	Δ Shares	Shares	Value
DAR	Darling Ingredients Inc.	−61,140	168,593	$10,427,477
MCO	Moodys Corp /De/	−7,968	11,764	$5,132,045
DE	Deere & Co	−5,383	23,702	$13,351,336
ECL	Ecolab Inc.	−4,785	38,842	$10,332,748
MA	Mastercard Inc	−2,570	25,102	$12,542,465
MCK	Mckesson Corp	−1,686	16,310	$14,114,021
FICO	Fair Isaac Corp	−1,273	3,790	$4,045,976
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
BKNG	Booking Holdings Inc.	2,214	$11,856,700
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

28 positions · $293,026,327 total · as of Mar 31, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Added	103,230	+1,276	$26,198,741	−5.5%	8.94%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	74,327	+791	$25,118,809	+12.4%	8.57%
AMZN	Amazon Com Inc Consumer Cyclical	Added	102,439	+55,485	$21,334,970	+96.9%	7.28%
AMD	Advanced Micro Devices Inc Technology	Added	76,126	+3,426	$15,486,312	−0.5%	5.28%
NVDA	Nvidia Corp Technology	Added	84,466	+3,882	$14,730,870	−2.0%	5.03%
MCK	Mckesson Corp Healthcare	Reduced	16,310	-1,686	$14,114,021	−4.4%	4.82%
DE	Deere & Co Industrials	Reduced	23,702	-5,383	$13,351,336	−1.4%	4.56%
MA	Mastercard Inc Financial Services	Reduced	25,102	-2,570	$12,542,465	−20.6%	4.28%
KEYS	Keysight Technologies, Inc. Technology	Added	38,713	+1,887	$10,931,389	+46.1%	3.73%
DAR	Darling Ingredients Inc. Consumer Defensive	Reduced	168,593	-61,140	$10,427,477	+26.1%	3.56%
ECL	Ecolab Inc. Basic Materials	Reduced	38,842	-4,785	$10,332,748	−9.8%	3.53%
AZO	Autozone Inc Consumer Cyclical	Added	2,970	+136	$10,032,006	+4.4%	3.42%
WY	Weyerhaeuser Co Real Estate	Added	410,130	+92,239	$10,019,475	+33.0%	3.42%
APTV	Aptiv PLC Consumer Cyclical	Added	138,085	+6,851	$9,588,622	−4.0%	3.27%
ELV	Elevance Health, Inc. Healthcare	Added	32,330	+1,575	$9,464,607	−12.2%	3.23%
GXO	GXO Logistics, Inc. Industrials	Added	173,951	+7,910	$9,019,359	+3.2%	3.08%
MTN	Vail Resorts Inc Consumer Cyclical	Added	67,930	+3,291	$8,716,777	+1.5%	2.97%
TT	Trane Technologies plc Industrials	Added	20,588	+1,004	$8,579,843	+12.6%	2.93%
IBKR	Interactive Brokers Group, Inc. Financial Services	Added	103,259	+5,033	$6,925,581	+9.6%	2.36%
ALC	Alcon Inc Healthcare	Added	84,729	+4,117	$6,384,330	+0.5%	2.18%
ICLR	Icon PLC Healthcare	Added	57,624	+2,648	$6,376,671	−36.3%	2.18%
NOW	ServiceNow, Inc. Technology	Added	58,497	+17,042	$6,115,861	−3.7%	2.09%
JPM	Jpmorgan Chase & Co Financial Services	Added	18,172	+910	$5,345,475	−3.9%	1.82%
CDNS	Cadence Design Systems Inc Technology	Added	18,686	+7,161	$5,192,278	+44.1%	1.77%
MCO	Moodys Corp /De/ Financial Services	Reduced	11,764	-7,968	$5,132,045	−49.1%	1.75%
FICO	Fair Isaac Corp Technology	Reduced	3,790	-1,273	$4,045,976	−52.7%	1.38%
TENB	Tenable Holdings, Inc. Technology	Added	234,661	+11,715	$3,970,464	−24.3%	1.35%
WFC	Wells Fargo & Company/Mn Financial Services	Added	44,565	+2,152	$3,547,819	−10.2%	1.21%