Ausbil Investment Management Ltd

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 13, 2026), Ausbil Investment Management Ltd reported 67 stock positions worth $175.9 million. Its top holding was Nextera Energy (NEE) at 5.9% of the portfolio, followed by CSX (CSX, 5.4%) and Norfolk Southern (NSC, 4.3%). Compared with Q3 2025, it opened 7 new positions, sold out of 11, added to 16 and reduced 26. The biggest buy was Fortrea (FTRE, shares +587%) and the biggest sale an exit from Ameren (AEE).

Most Recent 13F
Q2 2026
Location
SYDNEY, C3
CIK
0001966036
Portfolio Value
$175.9M (Q4 2025)
SEC Filing
0001966036-26-000001 ↗ filed Jan 13, 2026

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $199.6M Q1 2024 Q2 2024: $216.8M Q2 2024 Q3 2024: $289.7M Q3 2024 Q4 2024: $166.3M Q4 2024 Q1 2025: $163.9M Q1 2025 Q2 2025: $170.6M Q2 2025 Q3 2025: $187.5M Q3 2025 Q4 2025: $175.9M $175.9M Q4 2025 Q1 2026: $201.0M Q1 2026 Q2 2026: $221.0M Q2 2026

Holdings 67 stocks · $175.9M
NEE Nextera Energy Inc. 5.92% 129,794 $10.4M Reduce -7.5%
CSX CSX Corp. 5.38% 261,110 $9.5M Reduce -9.2%
NSC Norfolk Southern Corp. 4.32% 26,329 $7.6M Reduce -22.0%
ETR Entergy Corp. 3.70% 70,388 $6.5M Reduce -6.2%
LNG Cheniere Energy Inc. 3.67% 33,220 $6.5M No change
ES Eversource Energy 3.63% 94,876 $6.4M Reduce -7.3%
FER Ferrovial NV 3.59% 97,274 $6.3M Reduce -16.0%
WMB Williams Cos Inc. 3.56% 104,198 $6.3M No change
PEG Public Service Enterprise GP 3.44% 75,357 $6.1M Reduce -5.5%
CEG Constellation Energy 3.07% 15,298 $5.4M Reduce -13.0%
NI Nisource Inc. 2.98% 125,538 $5.2M Reduce -4.6%
DUK Duke Energy Corp. 2.94% 44,190 $5.2M No change
EXC Exelon Corp. 2.81% 113,269 $4.9M Reduce -16.9%
ENB Enbridge Inc. 2.73% 100,323 $4.8M Reduce -10.3%
TRP TC Energy Corp. 2.48% 79,286 $4.4M Reduce -21.1%
AES AES Corp. 2.47% 303,476 $4.4M No change
PCG P G & E Corp. 2.36% 258,390 $4.2M No change
MLI Mueller Industries Inc. 2.30% 35,296 $4.1M Reduce -6.8%
FTRE Fortrea Holdings Inc. 2.20% 224,713 $3.9M Add +587.2%
CNI Canadian Natl Railway Co. 2.06% 36,632 $3.6M No change
ATO Atmos Energy Corp. 2.05% 21,517 $3.6M Reduce -10.3%
OGS One Gas Inc. 2.00% 45,451 $3.5M Reduce -9.7%
AIT Applied Industrial Tech Inc. 1.79% 12,262 $3.1M Add +0.8%
MEDP Medpace Holdings Inc. 1.73% 5,413 $3.0M Add +111.4%
SOBO South Bow Corp. 1.67% 106,483 $2.9M No change
CCI Crown Castle Inc. 1.57% 31,042 $2.8M No change
HTO H2O America 1.48% 53,119 $2.6M New
DTM DT Midstream Inc. 1.37% 20,152 $2.4M Reduce -9.8%
AMT American Tower Corp. 1.24% 12,458 $2.2M No change
VG Venture Global Inc. Class A 1.24% 319,718 $2.2M No change
ADMA Adma Biologics Inc. 1.01% 97,591 $1.8M Reduce -4.2%
BLD Topbuild Corp. 0.91% 3,832 $1.6M Reduce -36.1%
ATKR Atkore Inc. 0.88% 24,545 $1.6M Reduce -32.9%
RNR Renaissancere Holdings Ltd. 0.84% 5,281 $1.5M Add +32.0%
POWL Powell Industries Inc. 0.82% 4,505 $1.4M Reduce -12.7%
PLPC Preformed Line Products Co. 0.80% 6,784 $1.4M Add +12.5%
BCPC Balchem Corp. 0.78% 8,931 $1.4M Add +14.2%
EGP Eastgroup Properties Inc. 0.71% 6,966 $1.2M Reduce -37.9%
COLB Columbia Banking System Inc. 0.70% 44,001 $1.2M Add +23.9%
IBP Installed Building Products 0.69% 4,654 $1.2M Add +63.8%
SANM Sanmina Corp. 0.68% 7,914 $1.2M New
ENSG The Ensign Group Inc. 0.66% 6,626 $1.2M Add +95.2%
CBU Community Financial System I 0.63% 19,446 $1.1M Add +72.3%
CCJ Cameco Corp. 0.63% 12,000 $1.1M Reduce -7.7%
FCX Freeport-McMoran Inc. 0.61% 21,000 $1.1M Add +27.3%
RLI Rli Corp. 0.59% 16,136 $1.0M Reduce -17.3%
PNFP Pinnacle Financial Partners 0.58% 10,663 $1.0M Add +130.8%
NGD New Gold Inc. 0.56% 113,000 $984K New
NHI Natl Health Investors Inc. filed as NATIONAL HEALTH INVS INC 0.56% 12,850 $981K No change
PRI Primerica Inc. 0.46% 3,099 $801K Reduce -33.8%
HBM Hudbay Minerals Inc. 0.42% 37,000 $736K Add +23.3%
LTC LTC Properties Inc. filed as LTC PPTYS INC 0.42% 21,289 $732K No change
FN Fabrinet 0.35% 1,352 $616K Add +25.9%
UFPI Ufp Industries Inc. 0.35% 6,703 $610K No change
NXE Nexgen Energy Ltd. 0.34% 65,000 $598K Reduce -35.6%
EXE Expand Energy Corp. 0.33% 5,200 $574K Add +940.0%
UEC Uranium Energy Corp. 0.30% 45,000 $526K New
MUX McEwen Inc. 0.29% 28,000 $518K New
WLDN Willdan Group Inc. 0.22% 3,695 $383K No change
CORT Corcept Therapeutics Inc. 0.20% 10,235 $356K Add +82.6%
CIEN Ciena Corp. 0.19% 1,408 $329K No change
XERS Xeris Biopharma Holdings Inc. 0.17% 37,000 $290K New
CLS Celestica Inc. 0.16% 940 $278K No change
CTRE Caretrust REIT Inc. 0.11% 5,584 $202K No change
CCS Century Communities Inc. 0.11% 3,376 $200K New
MTH Meritage Homes Corp. 0.11% 2,938 $193K Reduce -70.1%
REXR Rexford Industrial Realty Inc. 0.11% 4,791 $186K No change

Portfolio Sells Q3 2025 → Q4 2025
AEE Ameren Corporation Sold out 0.00% −1.23
NSC Norfolk Southern Corp. Reduce -22.0% 4.32% −1.06
EXP Eagle Materials Inc. Sold out 0.00% −0.63
SLGN Silgan Holdings Inc. Sold out 0.00% −0.49
EXC Exelon Corp. Reduce -16.9% 2.81% −0.47
ACLS Axcelis Technologies Inc. Sold out 0.00% −0.47
TRP TC Energy Corp. Reduce -21.1% 2.48% −0.40
ATKR Atkore Inc. Reduce -32.9% 0.88% −0.37
GNRC Generac Holdings Inc. Sold out 0.00% −0.36
BLD Topbuild Corp. Reduce -36.1% 0.91% −0.35
SFM Sprouts Farmers Market Inc. Sold out 0.00% −0.35
EGP Eastgroup Properties Inc. Reduce -37.9% 0.71% −0.32
MTH Meritage Homes Corp. Reduce -70.1% 0.11% −0.28
ES Eversource Energy Reduce -7.3% 3.63% −0.28
PRI Primerica Inc. Reduce -33.8% 0.46% −0.24
ENB Enbridge Inc. Reduce -10.3% 2.73% −0.22
CEG Constellation Energy Reduce -13.0% 3.07% −0.22
GO Grocery Outlet Holding Corp. Sold out 0.00% −0.20
KNF Knife River Corp. Sold out 0.00% −0.20
REAL BROKERAGE INC/THE Sold out 0.00% −0.17
NXE Nexgen Energy Ltd. Reduce -35.6% 0.34% −0.15
OGS One Gas Inc. Reduce -9.7% 2.00% −0.15
ATO Atmos Energy Corp. Reduce -10.3% 2.05% −0.12
LMAT Lemaitre Vascular Inc. Sold out 0.00% −0.12
LRN Stride Inc. Sold out 0.00% −0.11
PEG Public Service Enterprise GP Reduce -5.5% 3.44% −0.07
RLI Rli Corp. Reduce -17.3% 0.59% −0.07
POWL Powell Industries Inc. Reduce -12.7% 0.82% −0.06
NI Nisource Inc. Reduce -4.6% 2.98% −0.04
ETR Entergy Corp. Reduce -6.2% 3.70% −0.04
DTM DT Midstream Inc. Reduce -9.8% 1.37% +0.01
CSX CSX Corp. Reduce -9.2% 5.38% +0.01
FER Ferrovial NV Reduce -16.0% 3.59% +0.03
NEE Nextera Energy Inc. Reduce -7.5% 5.92% +0.04
CCJ Cameco Corp. Reduce -7.7% 0.63% +0.05
ADMA Adma Biologics Inc. Reduce -4.2% 1.01% +0.19
MLI Mueller Industries Inc. Reduce -6.8% 2.30% +0.28

Portfolio Buys Q3 2025 → Q4 2025
FTRE Fortrea Holdings Inc. Add +587.2% 2.20% +2.04
HTO H2O America New 1.48% +1.48
MEDP Medpace Holdings Inc. Add +111.4% 1.73% +0.99
SANM Sanmina Corp. New 0.68% +0.68
NGD New Gold Inc. New 0.56% +0.56
PNFP Pinnacle Financial Partners Add +130.8% 0.58% +0.35
ENSG The Ensign Group Inc. Add +95.2% 0.66% +0.34
IBP Installed Building Products Add +63.8% 0.69% +0.31
UEC Uranium Energy Corp. New 0.30% +0.30
EXE Expand Energy Corp. Add +940.0% 0.33% +0.30
RNR Renaissancere Holdings Ltd. Add +32.0% 0.84% +0.30
MUX McEwen Inc. New 0.29% +0.29
CBU Community Financial System I Add +72.3% 0.63% +0.28
FCX Freeport-McMoran Inc. Add +27.3% 0.61% +0.26
COLB Columbia Banking System Inc. Add +23.9% 0.70% +0.21
HBM Hudbay Minerals Inc. Add +23.3% 0.42% +0.17
BCPC Balchem Corp. Add +14.2% 0.78% +0.17
XERS Xeris Biopharma Holdings Inc. New 0.17% +0.17
PLPC Preformed Line Products Co. Add +12.5% 0.80% +0.15
FN Fabrinet Add +25.9% 0.35% +0.14
AIT Applied Industrial Tech Inc. Add +0.8% 1.79% +0.12
CCS Century Communities Inc. New 0.11% +0.11
CORT Corcept Therapeutics Inc. Add +82.6% 0.20% −0.05

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 65$221.0METR, CSX, HTO, LNG, NEE
Q1 2026 60$201.0MHTO, NEE, CSX, WMB, LNG
Q4 2025 67$175.9MNEE, CSX, NSC, ETR, LNG
Q3 2025 71$187.5MNEE, NSC, CSX, LNG, ES
Q2 2025 71$170.6MNSC, LNG, CSX, EXC, FER
Q1 2025 66$163.9MSLGN, TXNM, EXC, NI, PEG
Q4 2024 69$166.3MPEG, SRE, TRP, NI, EXC
Q3 2024 74$289.7MPEG, AMT, NEE, TRP, ETR
Q2 2024 59$216.8MNEE, PEG, WMB, EIX, AMT
Q1 2024 56$199.6MNEE, WMB, SBAC, AMT, EIX