L1 Capital International Pty Ltd

Exempt adviser

CIK

2009023

Location

SYDNEY NSW 2000, C3

Portfolio Value

Mid $1,707,595,823

Diversification

Diversified

Filing Date

Global Rank

#1,714 / 8,811 ▼ 227

Top Industry

Credit Services 15.5%

Period ended 4 months ago

Filed Aug 13, 2026 · 2mo

11 quarters · since Dec 2023

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Exempt adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 340623

Roster of Oct 1, 2026

Private funds

3 funds · Hedge funds

Focus by fund count, roster of Oct 1, 2026

$110,802,392 gross assets

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Oct 2026	—	—
Mar 2026 to Sep 2026	—	—

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 70.5% of the book (60%+)

Turnover

Low turnover

27.5% over the last four quarters (under 30%)

Horizon

Medium horizon

Value-weighted holding period 9.1 quarters (4 to under 12)

Closest benchmark: the S&P 500 as of 2026-06-30, active share 76.2%; sector active share 35.0% against the combined 13F book's sector weights.

Over time 11 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

21 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

11.1%

+0.1 pts

Top 5

41.9%

+0.9 pts

Top 10

70.5%

+1.9 pts

HHI

633

Diversified+33

Portfolio Trend

11 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	26.3%	$449,183,253	6
Technology	19.1%	$326,412,220	5
Industrials	17.8%	$303,700,923	3
Consumer Cyclical	15.9%	$271,911,273	2
Healthcare	8.4%	$142,743,007	2
Basic Materials	7.1%	$120,953,121	1
Communication Services	5.4%	$92,692,026	2

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

10 positions

Ticker	Company	Δ Shares	Shares	Value
BKNG	Booking Holdings Inc.	+548,108	571,760	$101,910,502
NVDA	Nvidia Corp	+236,092	626,510	$125,358,385
DHR	Danaher Corp /De/	+111,309	507,252	$96,621,360
ICE	Intercontinental Exchange, Inc.	+91,207	707,925	$87,152,646
HCA	HCA Healthcare, Inc.	+80,527	118,294	$46,121,647
APO	Apollo Global Management, Inc.	+72,731	336,203	$39,776,176
GOOG	Alphabet Inc.	+70,657	123,601	$43,671,941
AXP	American Express Co	+17,956	144,358	$48,829,093
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+10,780	56,650	$27,054,340
MA	Mastercard Inc	+5,806	208,150	$106,905,840
No positions match the current search.

Trimmed

Positions the filer reduced

11 positions

Ticker	Company	Δ Shares	Shares	Value
MSFT	Microsoft Corp	−98,718	239,273	$89,253,614
AER	AerCap Holdings N.V.	−43,566	1,301,426	$189,721,882
CRH	Crh Public Ltd Co	−37,107	1,130,403	$120,953,121
TTEK	Tetra Tech Inc	−30,733	925,433	$26,735,759
AMZN	Amazon Com Inc	−30,197	713,270	$170,000,771
UBER	Uber Technologies, Inc	−22,403	634,053	$45,753,264
J	Jacobs Solutions Inc.	−21,864	692,407	$87,243,282
MRSH	Marsh & Mclennan Companies, Inc.	−11,839	340,997	$56,833,969
V	Visa Inc.	−10,657	319,699	$109,685,529
GOOGL	Alphabet Inc.	−5,006	137,169	$49,020,085
INTU	Intuit Inc.	−4,964	149,397	$38,992,617
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

2 positions

Ticker	Company	Shares	Value
CDW	CDW Corp	410,954	$49,733,653
CRM	Salesforce, Inc.	258,225	$48,202,860
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

21 tracked positions · $1,707,595,823 total · filing declares 21 positions · $1,707,595,834 · as of Jun 30, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
AER	AerCap Holdings N.V. Industrials	Reduced	1,301,426	-43,566	$189,721,882	+2.8%	10	$123.14	11.11%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	713,270	-30,197	$170,000,771	+9.8%	11	before history	9.96%
NVDA	Nvidia Corp Technology	Added	626,510	+236,092	$125,358,385	+84.1%	4	$192.07	7.34%
CRH	Crh Public Ltd Co Basic Materials	Reduced	1,130,403	-37,107	$120,953,121	−1.4%	11	before history	7.08%
V	Visa Inc. Financial Services	Reduced	319,699	-10,657	$109,685,529	+9.9%	11	before history	6.42%
MA	Mastercard Inc Financial Services	Added	208,150	+5,806	$106,905,840	+5.7%	11	before history	6.26%
BKNG	Booking Holdings Inc. Consumer Cyclical	Added	571,760	+548,108	$101,910,502	+2.3%	11	before history	5.97%
DHR	Danaher Corp /De/ Healthcare	Added	507,252	+111,309	$96,621,360	+28.7%	6	$208.75	5.66%
MSFT	Microsoft Corp Technology	Reduced	239,273	-98,718	$89,253,614	−28.7%	11	before history	5.23%
J	Jacobs Solutions Inc. Industrials	Reduced	692,407	-21,864	$87,243,282	−4.0%	8	unpriced	5.11%
ICE	Intercontinental Exchange, Inc. Financial Services	Added	707,925	+91,207	$87,152,646	−10.1%	11	before history	5.10%
MRSH	Marsh & Mclennan Companies, Inc. Financial Services	Reduced	340,997	-11,839	$56,833,969	−7.1%	11	before history	3.33%
GOOGL	Alphabet Inc. Communication Services	Reduced	137,169	-5,006	$49,020,085	+19.9%	3	$285.73	2.87%
AXP	American Express Co Financial Services	Added	144,358	+17,956	$48,829,093	+27.7%	9	$333.99	2.86%
HCA	HCA Healthcare, Inc. Healthcare	Added	118,294	+80,527	$46,121,647	+158.1%	11	before history	2.70%
UBER	Uber Technologies, Inc Technology	Reduced	634,053	-22,403	$45,753,264	−3.1%	5	$89.94	2.68%
GOOG	Alphabet Inc. Communication Services	Added	123,601	+70,657	$43,671,941	+187.6%	11	before history	2.56%
APO	Apollo Global Management, Inc. Financial Services	Added	336,203	+72,731	$39,776,176	+35.5%	2	$124.34	2.33%
INTU	Intuit Inc. Technology	Reduced	149,397	-4,964	$38,992,617	−41.6%	11	before history	2.28%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	56,650	+10,780	$27,054,340	+74.5%	6	$271.89	1.58%
TTEK	Tetra Tech Inc Industrials	Reduced	925,433	-30,733	$26,735,759	−7.2%	2	$35.35	1.57%

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.