Coronation Fund Managers Ltd.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 29, 2024), Coronation Fund Managers Ltd. reported 55 stock positions worth $1.8 billion. Its top holding was Grab Class A (GRAB) at 7.1% of the portfolio, followed by PDD (PDD, 6.8%) and Coupang (CPNG, 6.6%). Compared with Q2 2024, it opened 6 new positions, sold out of 9, added to 21 and reduced 26. The biggest buy was Coupang (CPNG, shares +139%) and the biggest sale an exit from Anglogold Ashanti (AU).
- Most Recent 13F
- Q2 2026
- Location
- Cape Town, T3
- CIK
- 0001594320
- Portfolio Value
- $1.8B (Q3 2024)
- SEC Filing
- 0001172661-24-004394 ↗ filed Oct 29, 2024
Holdings Value
Holdings 55 stocks · $1.8B
| GRAB Grab Holdings Ltd. Class A | 7.11% | 33,735,725 | $128.2M | Add +11.4% |
| PDD PDD Holdings Inc. | 6.82% | 912,484 | $123.0M | Add +19.6% |
| CPNG Coupang Inc. | 6.56% | 4,817,030 | $118.3M | Add +139.1% |
| MLCO Melco Resorts & Entert-ADR | 5.65% | 13,072,483 | $101.8M | Add +15.0% |
| SE Sea Ltd.-ADR | 5.13% | 981,118 | $92.5M | Add +26.1% |
| MELI MercadoLibre Inc. | 3.83% | 33,642 | $69.0M | Reduce -36.9% |
| TME Tencent Music Entertainm-ADR | 3.78% | 5,656,233 | $68.2M | Add +84.6% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 3.40% | 4,487,302 | $61.3M | Reduce -40.0% |
| LPLA LPL Financial Holdings Inc. | 2.81% | 217,451 | $50.6M | Add +68.2% |
| AMZN Amazon.com Inc. | 2.73% | 263,781 | $49.2M | Reduce -1.3% |
| ASAIY Sendas Distribuidora SA | 2.63% | 6,890,758 | $47.4M | Reduce -7.4% |
| ELV Elevance Health Inc. | 2.60% | 90,098 | $46.9M | Add +5.1% |
| IBKR Interactive Brokers Gro Class A | 2.52% | 325,752 | $45.4M | Reduce -14.4% |
| META Meta Platforms Inc. Class A | 2.50% | 78,647 | $45.0M | Reduce -6.0% |
| CP Canadian Pacific Kansas City | 2.46% | 518,177 | $44.3M | Reduce -27.1% |
| STNE Stoneco Ltd. Class A | 2.29% | 3,673,459 | $41.4M | Add +43.4% |
| GOOGL Alphabet Inc. Class A | 2.14% | 232,371 | $38.5M | Reduce -11.8% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 2.11% | 358,393 | $38.0M | Add +2.1% |
| IBN Icici Bank Ltd.-Spon ADR | 2.03% | 1,228,933 | $36.7M | Reduce -13.1% |
| SKX Skechers USA Inc. Class A | 1.85% | 498,837 | $33.4M | Add +378.6% |
| SPOT Spotify Technology SA | 1.77% | 86,722 | $32.0M | Add +19.1% |
| SCHW Schwab (charles) Corp. | 1.76% | 490,015 | $31.8M | Reduce -2.7% |
| TPR Tapestry Inc. | 1.68% | 644,142 | $30.3M | Add +33.8% |
| WBD Warner Bros Discovery Inc. | 1.68% | 3,663,240 | $30.2M | Add +18.7% |
| GPN Global Payments Inc. | 1.57% | 276,000 | $28.3M | Add +13.4% |
| RYAAY Ryanair Holdings PLC-SP ADR | 1.51% | 604,114 | $27.3M | Add +275.4% |
| BKNG Booking Holdings Inc. | 1.38% | 5,925 | $25.0M | Reduce -5.9% |
| V Visa Inc. Class A | 1.38% | 90,324 | $24.8M | Reduce -34.8% |
| FMX Fomento Economico Mex-SP ADR | 1.35% | 246,394 | $24.3M | Reduce -0.9% |
| CNI Canadian Natl Railway Co. | 1.33% | 204,475 | $24.0M | Reduce -31.4% |
| TMO Thermo Fisher Scientific Inc. | 1.13% | 33,071 | $20.5M | Reduce -17.5% |
| MSFT Microsoft Corp. | 1.01% | 42,503 | $18.3M | Add +8.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.99% | 184,731 | $17.8M | New |
| PM Philip Morris International | 0.98% | 145,538 | $17.7M | Reduce -58.2% |
| UNH Unitedhealth Group Inc. | 0.93% | 28,768 | $16.8M | Reduce -37.8% |
| CRM Salesforce Inc. | 0.86% | 56,683 | $15.5M | New |
| DT Dynatrace Inc. | 0.85% | 286,402 | $15.3M | New |
| NTES Netease Inc.-ADR | 0.84% | 161,780 | $15.1M | Add +54.4% |
| Z Zillow Group Inc. Class C | 0.78% | 220,094 | $14.1M | Reduce -19.5% |
| KMI Kinder Morgan Inc. | 0.77% | 632,306 | $14.0M | Reduce -21.3% |
| HDB HDFC Bank Ltd.-ADR | 0.76% | 217,838 | $13.6M | Add +2.2% |
| RVTY Revvity Inc. | 0.66% | 92,760 | $11.9M | Reduce -22.6% |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 0.59% | 142,283 | $10.6M | Reduce -3.1% |
| CPT Camden Property Trust | 0.58% | 84,352 | $10.4M | Reduce -9.4% |
| PLAY Dave & Buster's Entertainmen | 0.51% | 268,933 | $9.2M | Reduce -5.7% |
| NKE Nike Inc. Class B | 0.28% | 56,993 | $5.0M | New |
| KKR KKR & Co. Inc. | 0.21% | 29,258 | $3.8M | Reduce -46.3% |
| MA Mastercard Inc. Class A | 0.20% | 7,159 | $3.5M | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.18% | 18,613 | $3.2M | Reduce -34.8% |
| SBUX Starbucks Corp. | 0.17% | 31,917 | $3.1M | Add +21.6% |
| FCNCA First Citizens Bcshs Class A | 0.17% | 1,644 | $3.0M | Reduce -24.9% |
| FOUR SHIFT4 Payments Inc. Class A | 0.09% | 18,792 | $1.7M | No change |
| LULU Lululemon Athletica Inc. | 0.07% | 4,610 | $1.3M | New |
| CME Cme Group Inc. | 0.02% | 1,817 | $401K | Add +14.1% |
| JD Jd.com Inc.-ADR | 0.01% | 6,395 | $256K | New |
Portfolio Sells Q2 2024 → Q3 2024
| AU Anglogold Ashanti PLC | Sold out | 0.00% | −2.93 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -40.0% | 3.40% | −2.16 |
| ASAIY Sendas Distribuidora SA | Reduce -7.4% | 2.63% | −1.36 |
| SMAR Smartsheet Inc. Class A | Sold out | 0.00% | −1.27 |
| MELI MercadoLibre Inc. | Reduce -36.9% | 3.83% | −1.22 |
| PM Philip Morris International | Reduce -58.2% | 0.98% | −1.05 |
| DESP Despegar.com Corp. | Sold out | 0.00% | −0.80 |
| CP Canadian Pacific Kansas City | Reduce -27.1% | 2.46% | −0.77 |
| V Visa Inc. Class A | Reduce -34.8% | 1.38% | −0.72 |
| CNI Canadian Natl Railway Co. | Reduce -31.4% | 1.33% | −0.70 |
| INFY Infosys Ltd.-SP ADR | Sold out | 0.00% | −0.66 |
| GOOGL Alphabet Inc. Class A | Reduce -11.8% | 2.14% | −0.63 |
| XYZ Block Inc. | Sold out | 0.00% | −0.43 |
| UNH Unitedhealth Group Inc. | Reduce -37.8% | 0.93% | −0.43 |
| SCHW Schwab (charles) Corp. | Reduce -2.7% | 1.76% | −0.38 |
| IBN Icici Bank Ltd.-Spon ADR | Reduce -13.1% | 2.03% | −0.31 |
| AMZN Amazon.com Inc. | Reduce -1.3% | 2.73% | −0.25 |
| FMX Fomento Economico Mex-SP ADR | Reduce -0.9% | 1.35% | −0.19 |
| IBKR Interactive Brokers Gro Class A | Reduce -14.4% | 2.52% | −0.17 |
| PLAY Dave & Buster's Entertainmen | Reduce -5.7% | 0.51% | −0.15 |
| KMI Kinder Morgan Inc. | Reduce -21.3% | 0.77% | −0.15 |
| TMO Thermo Fisher Scientific Inc. | Reduce -17.5% | 1.13% | −0.14 |
| KKR KKR & Co. Inc. | Reduce -46.3% | 0.21% | −0.12 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -34.8% | 0.18% | −0.11 |
| ICE Intercontinental Exchange Inc. | Sold out | 0.00% | −0.10 |
| SPGI S&P Global Inc. | Sold out | 0.00% | −0.10 |
| RVTY Revvity Inc. | Reduce -22.6% | 0.66% | −0.07 |
| BKNG Booking Holdings Inc. | Reduce -5.9% | 1.38% | −0.05 |
| FCNCA First Citizens Bcshs Class A | Reduce -24.9% | 0.17% | −0.04 |
| MMYT Makemytrip Ltd. | Sold out | 0.00% | −0.01 |
| ADP Automatic Data Processing | Sold out | 0.00% | −0.01 |
| CPT Camden Property Trust | Reduce -9.4% | 0.58% | −0.01 |
| VMRK Vivmark Residential | Reduce -3.1% | 0.59% | +0.00 |
| Z Zillow Group Inc. Class C | Reduce -19.5% | 0.78% | +0.05 |
| META Meta Platforms Inc. Class A | Reduce -6.0% | 2.50% | +0.06 |
Portfolio Buys Q2 2024 → Q3 2024
| CPNG Coupang Inc. | Add +139.1% | 6.56% | +4.13 |
| SE Sea Ltd.-ADR | Add +26.1% | 5.13% | +1.93 |
| SKX Skechers USA Inc. Class A | Add +378.6% | 1.85% | +1.44 |
| TME Tencent Music Entertainm-ADR | Add +84.6% | 3.78% | +1.30 |
| DIS The Walt Disney Co. | New | 0.99% | +0.99 |
| PDD PDD Holdings Inc. | Add +19.6% | 6.82% | +0.98 |
| GRAB Grab Holdings Ltd. Class A | Add +11.4% | 7.11% | +0.91 |
| CRM Salesforce Inc. | New | 0.86% | +0.86 |
| DT Dynatrace Inc. | New | 0.85% | +0.85 |
| MLCO Melco Resorts & Entert-ADR | Add +15.0% | 5.65% | +0.76 |
| LPLA LPL Financial Holdings Inc. | Add +68.2% | 2.81% | +0.72 |
| STNE Stoneco Ltd. Class A | Add +43.4% | 2.29% | +0.52 |
| TPR Tapestry Inc. | Add +33.8% | 1.68% | +0.49 |
| SPOT Spotify Technology SA | Add +19.1% | 1.77% | +0.46 |
| RYAAY Ryanair Holdings PLC-SP ADR | Add +275.4% | 1.51% | +0.43 |
| WBD Warner Bros Discovery Inc. | Add +18.7% | 1.68% | +0.35 |
| NKE Nike Inc. Class B | New | 0.28% | +0.28 |
| NTES Netease Inc.-ADR | Add +54.4% | 0.84% | +0.26 |
| GPN Global Payments Inc. | Add +13.4% | 1.57% | +0.21 |
| LULU Lululemon Athletica Inc. | New | 0.07% | +0.07 |
| SBUX Starbucks Corp. | Add +21.6% | 0.17% | +0.05 |
| JD Jd.com Inc.-ADR | New | 0.01% | +0.01 |
| MSFT Microsoft Corp. | Add +8.5% | 1.01% | +0.00 |
| CME Cme Group Inc. | Add +14.1% | 0.02% | +0.00 |
| HDB HDFC Bank Ltd.-ADR | Add +2.2% | 0.76% | −0.03 |
| ELV Elevance Health Inc. | Add +5.1% | 2.60% | −0.08 |
| KSPI JSC Kaspi.kz ADR | Add +2.1% | 2.11% | −0.50 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 48 | $2.6B | NU, MELI, SE, CPNG, GRAB |
| Q1 2026 | 53 | $2.2B | MELI, NU, SE, CPNG, GRAB |
| Q4 2025 | 53 | $2.2B | MELI, SE, NU, CPNG, MMYT |
| Q3 2025 | 48 | $1.9B | NU, MELI, SE, CPNG, GRAB |
| Q2 2025 | 49 | $1.8B | NU, CPNG, GRAB, SE, MELI |
| Q1 2025 | 51 | $1.8B | CPNG, NU, MELI, GRAB, SE |
| Q4 2024 | 50 | $1.7B | CPNG, GRAB, MELI, SE, NU |
| Q3 2024 | 55 | $1.8B | GRAB, PDD, CPNG, MLCO, SE |
| Q2 2024Amended | 58 | $1.7B | GRAB, PDD, NU, MELI, MLCO |
| Q1 2024 | 157 | $3.7B | PDD, AMZN, CP, GRAB, IBKR |