Coronation Fund Managers Ltd.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 30, 2025), Coronation Fund Managers Ltd. reported 49 stock positions worth $1.8 billion. Its top holding was Nu Holdings Ltd./Cayman Isl-A (NU) at 11.9% of the portfolio, followed by Coupang (CPNG, 9.3%) and Grab Class A (GRAB, 8.2%). Compared with Q1 2025, it opened 10 new positions, sold out of 12, added to 15 and reduced 22. The biggest buy was Nu Holdings Ltd./Cayman Isl-A (NU, shares +1%) and the biggest sale an exit from Tencent Music Entertainm-ADR (TME).
- Most Recent 13F
- Q2 2026
- Location
- Cape Town, T3
- CIK
- 0001594320
- Portfolio Value
- $1.8B (Q2 2025)
- SEC Filing
- 0001172661-25-002797 ↗ filed Jul 30, 2025
Holdings Value
Holdings 49 stocks · $1.8B
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 11.91% | 16,013,757 | $219.7M | Add +1.0% |
| CPNG Coupang Inc. | 9.32% | 5,736,119 | $171.9M | Reduce -24.1% |
| GRAB Grab Holdings Ltd. Class A | 8.21% | 30,084,754 | $151.3M | Reduce -6.2% |
| SE Sea Ltd.-ADR | 8.19% | 944,631 | $151.1M | Reduce -12.0% |
| MELI MercadoLibre Inc. | 7.64% | 53,939 | $141.0M | Reduce -28.3% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 4.07% | 885,058 | $75.1M | Add +64.9% |
| AMZN Amazon.com Inc. | 3.75% | 315,055 | $69.1M | Add +27.5% |
| LPLA LPL Financial Holdings Inc. | 3.07% | 151,023 | $56.6M | Add +22.4% |
| MLCO Melco Resorts & Entert-ADR | 3.04% | 7,762,386 | $56.1M | Reduce -27.6% |
| WBD Warner Bros Discovery Inc. | 3.00% | 4,824,343 | $55.3M | Reduce -13.0% |
| ELV Elevance Health Inc. | 2.90% | 137,367 | $53.4M | New |
| MSFT Microsoft Corp. | 2.82% | 104,534 | $52.0M | Reduce -1.3% |
| META Meta Platforms Inc. Class A | 2.41% | 60,270 | $44.5M | Reduce -16.4% |
| SCHW Schwab (charles) Corp. | 2.38% | 480,481 | $43.8M | Reduce -14.3% |
| IBKR Interactive Brokers Gro Class A | 1.97% | 656,725 | $36.4M | Reduce -16.6% |
| TMO Thermo Fisher Scientific Inc. | 1.90% | 86,558 | $35.1M | Add +22.4% |
| STNE Stoneco Ltd. Class A | 1.81% | 2,082,789 | $33.4M | Add +13.9% |
| AMAT Applied Materials Inc. | 1.78% | 179,010 | $32.8M | Reduce -47.4% |
| EMBJ Embraer SA-Spon ADR | 1.59% | 516,764 | $29.4M | Add +17.2% |
| RYAAY Ryanair Holdings PLC-SP ADR | 1.52% | 484,623 | $27.9M | Reduce -33.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.51% | 224,835 | $27.9M | Add +18.5% |
| MMYT Makemytrip Ltd. | 1.38% | 259,780 | $25.5M | New |
| GEHC GE Healthcare Technology | 1.38% | 342,547 | $25.4M | Add +1.6% |
| MNDY Monday.com Ltd. | 1.34% | 78,577 | $24.7M | Add +15.8% |
| GTLB Gitlab Inc. Class A | 1.25% | 512,117 | $23.1M | New |
| NVDA Nvidia Corp. | 1.16% | 134,997 | $21.3M | Add +1876.2% |
| DT Dynatrace Inc. | 1.10% | 366,012 | $20.2M | Add +22.9% |
| TPR Tapestry Inc. | 0.95% | 198,874 | $17.5M | Reduce -1.4% |
| SPOT Spotify Technology SA | 0.93% | 22,420 | $17.2M | Reduce -58.6% |
| NKE Nike Inc. Class B | 0.80% | 207,407 | $14.7M | Add +274.5% |
| UNH Unitedhealth Group Inc. | 0.67% | 39,862 | $12.4M | New |
| AU Anglogold Ashanti PLC | 0.60% | 243,117 | $11.1M | Reduce -85.7% |
| CFLT Confluent Inc. Class A | 0.56% | 411,153 | $10.3M | New |
| REXR Rexford Industrial Realty Inc. | 0.53% | 272,351 | $9.7M | New |
| KMI Kinder Morgan Inc. | 0.37% | 234,297 | $6.9M | No change |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 0.35% | 95,478 | $6.4M | Reduce -12.7% |
| CPT Camden Property Trust | 0.34% | 55,660 | $6.3M | Reduce -12.9% |
| CRH CRH PLC | 0.25% | 49,321 | $4.5M | Add +163.7% |
| V Visa Inc. Class A | 0.23% | 12,082 | $4.3M | Reduce -51.5% |
| CP Canadian Pacific Kansas City | 0.21% | 48,009 | $3.8M | Reduce -75.1% |
| GOOGL Alphabet Inc. Class A | 0.20% | 21,253 | $3.7M | Reduce -83.5% |
| CNI Canadian Natl Railway Co. | 0.13% | 22,811 | $2.4M | Reduce -14.8% |
| IQV Iqvia Holdings Inc. | 0.12% | 14,391 | $2.3M | New |
| HDB HDFC Bank Ltd.-ADR | 0.12% | 29,459 | $2.3M | Reduce -86.8% |
| DHR Danaher Corp. | 0.10% | 9,596 | $1.9M | New |
| TSM Taiwan Semiconductor-SP ADR | 0.06% | 5,048 | $1.1M | Add +19.2% |
| DKNG Draftkings Inc. Class A | 0.03% | 12,040 | $516K | New |
| NLOP Net Lease Office Property | 0.03% | 15,192 | $494K | No change |
| JD Jd.com Inc.-ADR | 0.01% | 6,317 | $206K | New |
Portfolio Sells Q1 2025 → Q2 2025
| TME Tencent Music Entertainm-ADR | Sold out | 0.00% | −3.52 |
| AU Anglogold Ashanti PLC | Reduce -85.7% | 0.60% | −2.83 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −2.75 |
| SKX Skechers USA Inc. Class A | Sold out | 0.00% | −2.46 |
| XYZ Block Inc. | Sold out | 0.00% | −1.41 |
| GPN Global Payments Inc. | Sold out | 0.00% | −1.02 |
| AMAT Applied Materials Inc. | Reduce -47.4% | 1.78% | −0.90 |
| GOOGL Alphabet Inc. Class A | Reduce -83.5% | 0.20% | −0.88 |
| Z Zillow Group Inc. Class C | Sold out | 0.00% | −0.84 |
| SPOT Spotify Technology SA | Reduce -58.6% | 0.93% | −0.68 |
| HDB HDFC Bank Ltd.-ADR | Reduce -86.8% | 0.12% | −0.68 |
| FMX Fomento Economico Mex-SP ADR | Sold out | 0.00% | −0.62 |
| CP Canadian Pacific Kansas City | Reduce -75.1% | 0.21% | −0.53 |
| MELI MercadoLibre Inc. | Reduce -28.3% | 7.64% | −0.33 |
| V Visa Inc. Class A | Reduce -51.5% | 0.23% | −0.24 |
| WBD Warner Bros Discovery Inc. | Reduce -13.0% | 3.00% | −0.23 |
| PGR Progressive Corp. | Sold out | 0.00% | −0.22 |
| FCNCA First Citizens Bcshs Class A | Sold out | 0.00% | −0.17 |
| RYAAY Ryanair Holdings PLC-SP ADR | Reduce -33.5% | 1.52% | −0.16 |
| MA Mastercard Inc. Class A | Sold out | 0.00% | −0.13 |
| CPT Camden Property Trust | Reduce -12.9% | 0.34% | −0.08 |
| VMRK Vivmark Residential | Reduce -12.7% | 0.35% | −0.08 |
| MLCO Melco Resorts & Entert-ADR | Reduce -27.6% | 3.04% | −0.03 |
| CME Cme Group Inc. | Sold out | 0.00% | −0.02 |
| CNI Canadian Natl Railway Co. | Reduce -14.8% | 0.13% | −0.01 |
| SBUX Starbucks Corp. | Sold out | 0.00% | −0.01 |
| SCHW Schwab (charles) Corp. | Reduce -14.3% | 2.38% | −0.01 |
| META Meta Platforms Inc. Class A | Reduce -16.4% | 2.41% | +0.16 |
| TPR Tapestry Inc. | Reduce -1.4% | 0.95% | +0.18 |
| IBKR Interactive Brokers Gro Class A | Reduce -16.6% | 1.97% | +0.20 |
| CPNG Coupang Inc. | Reduce -24.1% | 9.32% | +0.32 |
| GRAB Grab Holdings Ltd. Class A | Reduce -6.2% | 8.21% | +0.32 |
| SE Sea Ltd.-ADR | Reduce -12.0% | 8.19% | +0.59 |
| MSFT Microsoft Corp. | Reduce -1.3% | 2.82% | +0.66 |
Portfolio Buys Q1 2025 → Q2 2025
| NU Nu Holdings Ltd./Cayman Isl-A | Add +1.0% | 11.91% | +3.10 |
| ELV Elevance Health Inc. | New | 2.90% | +2.90 |
| MMYT Makemytrip Ltd. | New | 1.38% | +1.38 |
| KSPI JSC Kaspi.kz ADR | Add +64.9% | 4.07% | +1.37 |
| GTLB Gitlab Inc. Class A | New | 1.25% | +1.25 |
| AMZN Amazon.com Inc. | Add +27.5% | 3.75% | +1.19 |
| NVDA Nvidia Corp. | Add +1876.2% | 1.16% | +1.12 |
| LPLA LPL Financial Holdings Inc. | Add +22.4% | 3.07% | +0.88 |
| STNE Stoneco Ltd. Class A | Add +13.9% | 1.81% | +0.77 |
| UNH Unitedhealth Group Inc. | New | 0.67% | +0.67 |
| NKE Nike Inc. Class B | Add +274.5% | 0.80% | +0.61 |
| CFLT Confluent Inc. Class A | New | 0.56% | +0.56 |
| REXR Rexford Industrial Realty Inc. | New | 0.53% | +0.53 |
| DIS The Walt Disney Co. | Add +18.5% | 1.51% | +0.49 |
| EMBJ Embraer SA-Spon ADR | Add +17.2% | 1.59% | +0.49 |
| MNDY Monday.com Ltd. | Add +15.8% | 1.34% | +0.44 |
| DT Dynatrace Inc. | Add +22.9% | 1.10% | +0.33 |
| CRH CRH PLC | Add +163.7% | 0.25% | +0.16 |
| IQV Iqvia Holdings Inc. | New | 0.12% | +0.12 |
| DHR Danaher Corp. | New | 0.10% | +0.10 |
| DKNG Draftkings Inc. Class A | New | 0.03% | +0.03 |
| TSM Taiwan Semiconductor-SP ADR | Add +19.2% | 0.06% | +0.02 |
| JD Jd.com Inc.-ADR | New | 0.01% | +0.01 |
| TMO Thermo Fisher Scientific Inc. | Add +22.4% | 1.90% | −0.01 |
| GEHC GE Healthcare Technology | Add +1.6% | 1.38% | −0.10 |
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 |