BLI - Banque de Luxembourg Investments

CIK

2052594

Location

LUXEMBOURG CITY, N4

Portfolio Value

Small $268,677,533

Diversification

Diversified

Filing Date

Global Rank

#879 / 8,588 ▼ 1

Top Industry

Gold 8.9%

3Y Alpha vs SPY

-11.9%

Period ended 3 months ago

Filed May 15, 2026 · 33d

6 quarters · since Dec 2024

Clone Performance

Feb 2025–Jun 2026 · vs SPY

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

Cloned portfolio

+8.4%

SPY

+24.9%

Annualised alpha

-11.9%

Max drawdown

−14.5%

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

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

Top Position

5.2%

−1.2 pts

Top 5

19.5%

−1.6 pts

Top 10

32.1%

−1.0 pts

HHI

174

Diversified−9

Portfolio Trend

6 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	26.8%	$860,019,212	41
Industrials	16.1%	$517,581,125	31
Healthcare	14.3%	$459,460,267	32
Basic Materials	9.2%	$295,280,743	9
Consumer Cyclical	8.6%	$276,117,134	21
Consumer Defensive	8.4%	$268,677,533	14
Communication Services	7.2%	$230,566,784	4
Financial Services	6.9%	$220,588,489	12
Energy	1.9%	$59,611,957	5
Real Estate	0.3%	$9,368,889	3
Utilities	0.3%	$8,489,720	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

No qualifying positions this quarter.

Trimmed

Positions the filer reduced

No qualifying positions this quarter.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
AZN	Astrazeneca PLC	372,869	$73,537,224
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
ZTS	Zoetis Inc.	328,774	$41,366,344
ZBRA	Zebra Technologies Corp	63,900	$15,516,198
XYL	Xylem Inc.	90,051	$12,263,145
YUMC	Yum China Holdings, Inc.	200,300	$9,562,322
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

14 positions · $268,677,533 total · Consumer Defensive only · as of Mar 31, 2026

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

Ticker	Company	Type	Shares	Value (USD)	% Δ Value	% of Portfolio
CL	Colgate Palmolive Co Consumer Defensive	Held	764,344	$65,145,039	+7.9%	24.25%
PEP	Pepsico Inc Consumer Defensive	Held	329,172	$51,117,119	+8.2%	19.03%
KMB	Kimberly Clark Corp Consumer Defensive	Held	389,281	$37,553,938	−4.4%	13.98%
MDLZ	Mondelez International, Inc. Consumer Defensive	Held	570,808	$32,901,373	+7.1%	12.25%
PG	PROCTER & GAMBLE Co Consumer Defensive	Held	130,981	$18,918,895	+0.8%	7.04%
CLX	Clorox Co /De/ Consumer Defensive	Held	169,720	$17,588,083	+2.8%	6.55%
CHD	Church & Dwight Co Inc /De/ Consumer Defensive	Held	134,300	$12,532,876	+11.3%	4.66%
COST	Costco Wholesale Corp /New Consumer Defensive	Held	7,100	$7,074,653	+15.5%	2.63%
WMT	Walmart Inc. Consumer Defensive	Held	51,000	$6,338,280	+11.6%	2.36%
KOF	Coca Cola Femsa Sab De CV Consumer Defensive	Held	60,000	$5,853,000	+3.0%	2.18%
MICC	Magnum Ice Cream Co N.V. Consumer Defensive	Held	317,598	$4,748,090	−5.7%	1.77%
CCU	United Breweries Co Inc Consumer Defensive	Held	400,000	$4,540,000	−11.1%	1.69%
KO	Coca Cola Co Consumer Defensive	Held	54,631	$4,154,687	+8.8%	1.55%
STZ	Constellation Brands, Inc. Consumer Defensive	Held	1,410	$211,500	+8.7%	0.08%