Fairtree Asset Management (Pty) Ltd

Name: Fairtree Asset Management (Pty) Ltd 13F holdings, Q4 2025
Creator: Fairtree Asset Management (Pty) Ltd
Published: 2026-02-06

Q2 2026Q1 2026Q3 2025Q2 2025Q1 2025Q4 2024

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 6, 2026), Fairtree Asset Management (Pty) Ltd reported 101 stock positions worth $217.3 million. Its top holding was Microsoft (MSFT) at 6.2% of the portfolio, followed by JSC Kaspi.kz ADR (KSPI, 5.6%) and Amazon.com (AMZN, 4.8%). Compared with Q3 2025, it opened 23 new positions, sold out of 16, added to 51 and reduced 15. The biggest buy was Meta Platforms Class A (META, shares +192%) and the biggest sale Alibaba Group Holding-SP ADR (BABA, shares −58%).

Most Recent 13F: Q2 2026
Location: BELLVILLE, T3
CIK: 0002059365
Portfolio Value: $217.3M (Q4 2025)
SEC Filing: 0002059365-26-000001 ↗ filed Feb 6, 2026

Holdings Value

Holdings 101 stocks · $217.3M


MSFT Microsoft Corp.	6.24%	28,047	$13.6M	Add +71.7%
KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC	5.56%	154,534	$12.1M	Add +37.3%
AMZN Amazon.com Inc.	4.84%	45,590	$10.5M	Add +78.2%
GOOG Alphabet Inc. Class C	4.81%	33,317	$10.5M	Add +18.8%
NVDA Nvidia Corp.	4.72%	55,012	$10.3M	Add +107.1%
META Meta Platforms Inc. Class A	4.41%	14,507	$9.6M	Add +191.9%
GOVT iShares US Treasury Bond ETF	3.13%	295,534	$6.8M	Add +3.9%
AAPL Apple Inc.	2.84%	22,687	$6.2M	Add +13.4%
JD Jd.com Inc.-ADR	2.35%	178,173	$5.1M	Add +8.3%
BRK.B Berkshire Hathaway Inc. Class B	2.02%	8,730	$4.4M	Add +43.3%
BKNG Booking Holdings Inc.	1.97%	798	$4.3M	Add +105.7%
QCOM Qualcomm Inc.	1.85%	23,525	$4.0M	Add +42.7%
V Visa Inc. Class A	1.82%	11,263	$4.0M	Add +71.1%
TMO Thermo Fisher Scientific Inc.	1.71%	6,428	$3.7M	Reduce -19.1%
ZTS Zoetis Inc.	1.69%	29,265	$3.7M	Add +82.1%
CRM Salesforce Inc.	1.66%	13,627	$3.6M	Add +160.4%
ADBE Adobe Inc.	1.65%	10,225	$3.6M	Add +60.2%
KO The Coca-Cola Co.	1.50%	46,691	$3.3M	Add +33.4%
AVGO Broadcom Inc.	1.46%	9,185	$3.2M	Add +82.4%
MSCI MSCI Inc.	1.42%	5,374	$3.1M	Add +66.5%
FTNT Fortinet Inc.	1.41%	38,622	$3.1M	Add +106.2%
SPGI S&P Global Inc.	1.37%	5,703	$3.0M	Add +179.8%
AMGN Amgen Inc.	1.32%	8,763	$2.9M	New
PGR Progressive Corp.	1.30%	12,406	$2.8M	Add +46.8%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD	1.29%	166,845	$2.8M	Add +60.4%
MA Mastercard Inc. Class A	1.20%	4,558	$2.6M	Add +84.1%
GFI Gold Fields Ltd.-Spons ADR	1.08%	53,704	$2.3M	Add +30.3%
DECK Deckers Outdoor Corp.	1.05%	22,046	$2.3M	Add +122.1%
MELI MercadoLibre Inc.	0.98%	1,062	$2.1M	Add +257.6%
RMD Resmed Inc.	0.93%	8,420	$2.0M	Add +108.9%
JPM JPMorgan Chase & Co.	0.88%	5,903	$1.9M	Add +28.1%
RJF Raymond James Financial Inc.	0.86%	11,665	$1.9M	Add +77.3%
TCOM Trip.com Group Ltd.-ADR	0.83%	25,189	$1.8M	Add +65.3%
EME Emcor Group Inc.	0.79%	2,823	$1.7M	Add +53.3%
SNPS Synopsys Inc.	0.79%	3,675	$1.7M	Add +83.6%
AXP American Express Co.	0.79%	4,653	$1.7M	Add +49.0%
ADP Automatic Data Processing	0.79%	6,667	$1.7M	New
UBER Uber Technologies Inc.	0.79%	20,978	$1.7M	Add +145.8%
WPM Wheaton Precious Metals Corp.	0.75%	13,877	$1.6M	New
PM Philip Morris International	0.73%	9,822	$1.6M	New
MCK McKesson Corp.	0.68%	1,812	$1.5M	No change
GPN Global Payments Inc.	0.68%	19,153	$1.5M	Add +21.4%
PG The Procter & Gamble Co.	0.64%	9,676	$1.4M	New
ORLY O'reilly Automotive Inc.	0.64%	15,183	$1.4M	New
SYK Stryker Corp.	0.63%	3,903	$1.4M	New
EW Edwards Lifesciences Corp.	0.62%	15,911	$1.4M	Add +21.6%
AOS Smith (a.o.) Corp.	0.62%	20,089	$1.3M	Add +24.3%
HCA HCA Healthcare Inc.	0.62%	2,866	$1.3M	Reduce -3.7%
BABA Alibaba Group Holding-SP ADR	0.59%	8,751	$1.3M	Reduce -57.7%
FISV Fiserv Inc.	0.59%	18,988	$1.3M	Add +68.0%
NFLX Netflix Inc.	0.58%	13,494	$1.3M	Add +109.5%
DELL Dell Technologies -C	0.54%	9,373	$1.2M	New
LOW Lowe's Cos Inc.	0.54%	4,858	$1.2M	Add +72.6%
BSX Boston Scientific Corp.	0.54%	12,285	$1.2M	New
KLAC KLA Corp.	0.54%	962	$1.2M	Add +46.9%
PDD PDD Holdings Inc.	0.53%	10,209	$1.2M	Reduce -29.3%
CL Colgate-Palmolive Co.	0.53%	14,493	$1.1M	New
CROX Crocs Inc.	0.51%	13,065	$1.1M	Add +33.8%
PLD Prologis Inc.	0.51%	8,696	$1.1M	No change
AZO AutoZone Inc.	0.51%	324	$1.1M	New
ABT Abbott Laboratories	0.49%	8,451	$1.1M	New
O Realty Income Corp.	0.48%	18,595	$1.0M	Add +0.5%
PEP Pepsico Inc.	0.48%	7,214	$1.0M	New
CPRT Copart Inc.	0.47%	25,919	$1.0M	New
MDLZ Mondelez International Inc. Class A	0.46%	18,520	$997K	New
UTHR United Therapeutics Corp.	0.44%	1,976	$963K	Add +3.3%
GLPI Gaming and Leisure Propertie	0.43%	20,788	$929K	No change
COR Cencora Inc.	0.43%	2,746	$927K	Reduce -35.6%
REXR Rexford Industrial Realty Inc.	0.40%	22,659	$877K	No change
EQIX Equinix Inc.	0.40%	1,137	$871K	No change
WELL Welltower Inc.	0.37%	4,291	$796K	Add +0.4%
ARE Alexandria Real Estate Equit	0.34%	15,147	$741K	No change
TSM Taiwan Semiconductor-SP ADR	0.33%	2,339	$711K	Add +120.2%
KIM Kimco Realty Corp.	0.32%	33,937	$688K	No change
FRT Federal Realty Invs Trust	0.31%	6,708	$676K	No change
DOC Healthpeak Properties Inc.	0.30%	40,297	$648K	Add +1.1%
CUBE Cubesmart	0.30%	17,924	$646K	No change
XP XP Inc. Class A	0.29%	38,208	$625K	Add +8.1%
STNE Stoneco Ltd. Class A	0.26%	37,477	$554K	New
NTES Netease Inc.-ADR	0.25%	3,937	$542K	New
PAGS Pagseguro Digital Ltd. Class A	0.24%	54,643	$527K	Add +18.6%
DLR Digital Realty Trust Inc.	0.24%	3,328	$515K	No change
SE Sea Ltd.-ADR	0.23%	3,907	$498K	New
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL	0.23%	7,798	$492K	New
FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD	0.23%	2,985	$490K	New
ADC Agree Realty Corp.	0.22%	6,676	$481K	No change
INFY Infosys Ltd.-SP ADR	0.22%	26,967	$481K	No change
AFYA Afya Ltd. Class A	0.22%	30,697	$473K	Add +22.3%
ELS Equity Lifestyle Properties	0.22%	7,741	$469K	Reduce -38.0%
CNYA iShares MSCI China A ETF	0.18%	11,108	$384K	Reduce -42.1%
ITUB Itau Unibanco H-Spon PRF ADR	0.16%	49,127	$352K	New
FMX Fomento Economico Mex-SP ADR	0.15%	3,194	$323K	Reduce -27.2%
KWEB Kranesh Csi China Internet	0.12%	7,941	$270K	Reduce -42.1%
SUI Sun Communities Inc. filed as SUN CMNTYS INC	0.11%	1,990	$247K	New
INVH Invitation Homes Inc.	0.11%	8,558	$238K	New
EWT iShares MSCI Taiwan ETF	0.10%	3,260	$207K	Reduce -42.1%
KSA Ishrs MSCI Saudi Arabia ETF	0.09%	5,599	$204K	Reduce -42.1%
INDA iShares MSCI India ETF	0.09%	3,433	$186K	Reduce -16.1%
B Barrick Mining Corp.	0.06%	3,031	$132K	Reduce -46.2%
EWY iShares MSCI South Korea ETF	0.02%	373	$36K	Reduce -42.1%

Show all 101 holdings

Portfolio Sells Q3 2025 → Q4 2025


BABA Alibaba Group Holding-SP ADR	Reduce -57.7%	0.59%	−1.83
AMAT Applied Materials Inc.	Sold out	0.00%	−1.56
COHR Coherent Corp.	Sold out	0.00%	−1.44
TMO Thermo Fisher Scientific Inc.	Reduce -19.1%	1.71%	−0.81
PDD PDD Holdings Inc.	Reduce -29.3%	0.53%	−0.72
ELV Elevance Health Inc.	Sold out	0.00%	−0.69
BUD Anheuser-Busch Inbev-SPN ADR	Sold out	0.00%	−0.63
JNJ Johnson & Johnson	Sold out	0.00%	−0.62
CNC Centene Corp.	Sold out	0.00%	−0.62
TOL Toll Brothers Inc.	Sold out	0.00%	−0.61
ABNB Airbnb Inc. Class A	Sold out	0.00%	−0.61
MRK Merck & Co. Inc.	Sold out	0.00%	−0.60
BP BP PLC-Spons ADR	Sold out	0.00%	−0.57
CPT Camden Property Trust	Sold out	0.00%	−0.53
COR Cencora Inc.	Reduce -35.6%	0.43%	−0.45
MU Micron Technology Inc.	Sold out	0.00%	−0.43
ENSG The Ensign Group Inc.	Sold out	0.00%	−0.41
IQV Iqvia Holdings Inc.	Sold out	0.00%	−0.38
EPAM Epam Systems Inc.	Sold out	0.00%	−0.36
ELS Equity Lifestyle Properties	Reduce -38.0%	0.22%	−0.28
CNYA iShares MSCI China A ETF	Reduce -42.1%	0.18%	−0.25
KWEB Kranesh Csi China Internet	Reduce -42.1%	0.12%	−0.25
HCA HCA Healthcare Inc.	Reduce -3.7%	0.62%	−0.21
HDB HDFC Bank Ltd.-ADR	Sold out	0.00%	−0.18
KSA Ishrs MSCI Saudi Arabia ETF	Reduce -42.1%	0.09%	−0.16
EWT iShares MSCI Taiwan ETF	Reduce -42.1%	0.10%	−0.14
FMX Fomento Economico Mex-SP ADR	Reduce -27.2%	0.15%	−0.14
B Barrick Mining Corp.	Reduce -46.2%	0.06%	−0.06
INDA iShares MSCI India ETF	Reduce -16.1%	0.09%	−0.05
EWY iShares MSCI South Korea ETF	Reduce -42.1%	0.02%	−0.02
EPU iShares MSCI Peru and Global	Reduce -42.0%	0.00%	−0.00

Portfolio Buys Q3 2025 → Q4 2025


META Meta Platforms Inc. Class A	Add +191.9%	4.41%	+2.02
NVDA Nvidia Corp.	Add +107.1%	4.72%	+1.48
AMGN Amgen Inc.	New	1.32%	+1.32
AMZN Amazon.com Inc.	Add +78.2%	4.84%	+1.16
CRM Salesforce Inc.	Add +160.4%	1.66%	+0.85
ADP Automatic Data Processing	New	0.79%	+0.79
WPM Wheaton Precious Metals Corp.	New	0.75%	+0.75
PM Philip Morris International	New	0.73%	+0.73
SPGI S&P Global Inc.	Add +179.8%	1.37%	+0.72
MSFT Microsoft Corp.	Add +71.7%	6.24%	+0.70
PG The Procter & Gamble Co.	New	0.64%	+0.64
ORLY O'reilly Automotive Inc.	New	0.64%	+0.64
SYK Stryker Corp.	New	0.63%	+0.63
BKNG Booking Holdings Inc.	Add +105.7%	1.97%	+0.59
DELL Dell Technologies -C	New	0.54%	+0.54
BSX Boston Scientific Corp.	New	0.54%	+0.54
MELI MercadoLibre Inc.	Add +257.6%	0.98%	+0.53
CL Colgate-Palmolive Co.	New	0.53%	+0.53
AZO AutoZone Inc.	New	0.51%	+0.51
ABT Abbott Laboratories	New	0.49%	+0.49
PEP Pepsico Inc.	New	0.48%	+0.48
CPRT Copart Inc.	New	0.47%	+0.47
MDLZ Mondelez International Inc. Class A	New	0.46%	+0.46
DECK Deckers Outdoor Corp.	Add +122.1%	1.05%	+0.39
FTNT Fortinet Inc.	Add +106.2%	1.41%	+0.38
AVGO Broadcom Inc.	Add +82.4%	1.46%	+0.38
V Visa Inc. Class A	Add +71.1%	1.82%	+0.35
GOOG Alphabet Inc. Class C	Add +18.8%	4.81%	+0.34
MA Mastercard Inc. Class A	Add +84.1%	1.20%	+0.28
STNE Stoneco Ltd. Class A	New	0.26%	+0.26
NTES Netease Inc.-ADR	New	0.25%	+0.25
UBER Uber Technologies Inc.	Add +145.8%	0.79%	+0.24
SE Sea Ltd.-ADR	New	0.23%	+0.23
VMRK Vivmark Residential	New	0.23%	+0.23
FUTU Futu Holdings Ltd.-ADR	New	0.23%	+0.23
MSCI MSCI Inc.	Add +66.5%	1.42%	+0.22
RMD Resmed Inc.	Add +108.9%	0.93%	+0.21
NU Nu Holdings Ltd./Cayman Isl-A	Add +60.4%	1.29%	+0.19
ADBE Adobe Inc.	Add +60.2%	1.65%	+0.17
ITUB Itau Unibanco H-Spon PRF ADR	New	0.16%	+0.16
ZTS Zoetis Inc.	Add +82.1%	1.69%	+0.15
SNPS Synopsys Inc.	Add +83.6%	0.79%	+0.15
TSM Taiwan Semiconductor-SP ADR	Add +120.2%	0.33%	+0.13
RJF Raymond James Financial Inc.	Add +77.3%	0.86%	+0.12
SUI Sun Communities Inc.	New	0.11%	+0.11
AXP American Express Co.	Add +49.0%	0.79%	+0.11
INVH Invitation Homes Inc.	New	0.11%	+0.11
TCOM Trip.com Group Ltd.-ADR	Add +65.3%	0.83%	+0.08
NFLX Netflix Inc.	Add +109.5%	0.58%	+0.08
LOW Lowe's Cos Inc.	Add +72.6%	0.54%	+0.08

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	96	$260.9M	MSFT, NVDA, AMZN, GOOG, KSPI
Q1 2026	96	$217.8M	MSFT, NVDA, AMZN, KSPI, GOOG
Q4 2025	101	$217.3M	MSFT, KSPI, AMZN, GOOG, NVDA
Q3 2025	94	$152.7M	KSPI, MSFT, GOOG, GOVT, JD
Q2 2025	93	$132.6M	KSPI, MSFT, GOOG, GOVT, JD
Q1 2025	103	$124.3M	KSPI, FCX, PDD, JD, MSFT
Q4 2024Amended	96	$104.5M	KSPI, PDD, GOVT, JD, BABA