Firetrail Investments PTY Ltd.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 7, 2025), Firetrail Investments PTY Ltd. reported 25 stock positions worth $343.4 million. Its top holding was Apple (AAPL) at 9.7% of the portfolio, followed by Visa Class A (V, 6.4%) and Nvidia (NVDA, 6.3%). Compared with Q4 2024, it opened 4 new positions, sold out of 2, added to 19 and reduced 2. The biggest buy was a new position in Aptiv (APTV) and the biggest sale an exit from Alphabet Class A (GOOGL).
- Most Recent 13F
- Q2 2026
- Location
- BRISBANE, QLD, C3
- CIK
- 0001943822
- Portfolio Value
- $343.4M (Q1 2025)
- SEC Filing
- 0001943822-25-000003 ↗ filed May 7, 2025
Holdings Value
Holdings 25 stocks · $343.4M
| AAPL Apple Inc. | 9.73% | 148,755 | $33.4M | Add +3.7% |
| V Visa Inc. Class A | 6.42% | 62,257 | $22.1M | Add +3.5% |
| NVDA Nvidia Corp. | 6.29% | 197,289 | $21.6M | Add +3.5% |
| TSM Taiwan Semiconductor-SP ADR | 5.38% | 110,192 | $18.5M | Add +3.6% |
| IBKR Interactive Brokers Gro Class A | 5.23% | 107,300 | $18.0M | Reduce -18.9% |
| MCK McKesson Corp. | 5.13% | 25,878 | $17.6M | Add +3.7% |
| DE Deere & Co. | 5.04% | 36,495 | $17.3M | Add +3.6% |
| AZO AutoZone Inc. | 4.63% | 4,127 | $15.9M | Add +3.6% |
| BKNG Booking Holdings Inc. | 4.39% | 3,239 | $15.1M | Add +3.6% |
| ECL Ecolab Inc. | 4.16% | 55,732 | $14.3M | Add +3.6% |
| AMT American Tower Corp. | 4.16% | 64,887 | $14.3M | Add +3.5% |
| ELV Elevance Health Inc. | 3.50% | 27,304 | $12.0M | Add +3.6% |
| RYN Rayonier Inc. | 3.42% | 417,204 | $11.8M | Add +8.5% |
| TT Trane Technologies PLC | 3.33% | 33,558 | $11.4M | Add +3.5% |
| TENB Tenable Holdings Inc. | 3.25% | 315,309 | $11.1M | Add +3.5% |
| APTV Aptiv PLC | 3.23% | 184,650 | $11.1M | New |
| DAR Darling Ingredients Inc. | 3.17% | 345,144 | $10.9M | Add +3.5% |
| RYAN Ryan Specialty Holdings Inc. | 3.07% | 141,346 | $10.6M | Reduce -23.6% |
| ALC Alcon Inc. filed as ALCON AG | 3.07% | 110,972 | $10.6M | Add +3.6% |
| NOW ServiceNow Inc. | 2.73% | 11,650 | $9.4M | New |
| GXO Gxo Logistics Inc. | 2.62% | 228,080 | $9.0M | Add +3.8% |
| AMD Advanced Micro Devices | 2.47% | 81,542 | $8.5M | Add +3.8% |
| FERG Ferguson Enterprises Inc. | 2.24% | 47,469 | $7.7M | New |
| ICLR Icon PLC | 1.73% | 33,606 | $5.9M | New |
| BLDR Builders Firstsource Inc. | 1.59% | 43,335 | $5.5M | Add +3.8% |
Portfolio Sells Q4 2024 → Q1 2025
Portfolio Buys Q4 2024 → Q1 2025
| APTV Aptiv PLC | New | 3.23% | +3.23 |
| NOW ServiceNow Inc. | New | 2.73% | +2.73 |
| FERG Ferguson Enterprises Inc. | New | 2.24% | +2.24 |
| ICLR Icon PLC | New | 1.73% | +1.73 |
| MCK McKesson Corp. | Add +3.7% | 5.13% | +0.85 |
| AZO AutoZone Inc. | Add +3.6% | 4.63% | +0.80 |
| V Visa Inc. Class A | Add +3.5% | 6.42% | +0.71 |
| AMT American Tower Corp. | Add +3.5% | 4.16% | +0.70 |
| ELV Elevance Health Inc. | Add +3.6% | 3.50% | +0.57 |
| DE Deere & Co. | Add +3.6% | 5.04% | +0.56 |
| RYN Rayonier Inc. | Add +8.5% | 3.42% | +0.41 |
| ECL Ecolab Inc. | Add +3.6% | 4.16% | +0.37 |
| ALC Alcon Inc. | Add +3.6% | 3.07% | +0.34 |
| BLDR Builders Firstsource Inc. | Add +3.8% | 1.59% | −0.20 |
| DAR Darling Ingredients Inc. | Add +3.5% | 3.17% | −0.20 |
| GXO Gxo Logistics Inc. | Add +3.8% | 2.62% | −0.25 |
| TT Trane Technologies PLC | Add +3.5% | 3.33% | −0.27 |
| BKNG Booking Holdings Inc. | Add +3.6% | 4.39% | −0.28 |
| TENB Tenable Holdings Inc. | Add +3.5% | 3.25% | −0.36 |
| AMD Advanced Micro Devices | Add +3.8% | 2.47% | −0.39 |
| TSM Taiwan Semiconductor-SP ADR | Add +3.6% | 5.38% | −0.93 |
| AAPL Apple Inc. | Add +3.7% | 9.73% | −1.07 |
| NVDA Nvidia Corp. | Add +3.5% | 6.29% | −1.40 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 32 | $354.7M | AAPL, AMD, TSM, AMZN, LAR |
| Q1 2026 | 28 | $293.1M | AAPL, TSM, AMZN, AMD, NVDA |
| Q4 2025 | 29 | $305.1M | AAPL, TSM, MA, AMD, NVDA |
| Q3 2025 | 28 | $399.3M | NVDA, AAPL, TSM, MA, MCK |
| Q2 2025 | 26 | $383.1M | NVDA, AAPL, TSM, IBKR, MA |
| Q1 2025 | 25 | $343.4M | AAPL, V, NVDA, TSM, IBKR |
| Q4 2024 | 23 | $333.9M | AAPL, NVDA, IBKR, TSM, V |
| Q3 2024 | 27 | $347.2M | AAPL, NVDA, IBKR, TSM, V |
| Q2 2024 | 27 | $329.7M | MSFT, IBKR, GOOGL, MCK, TSM |
| Q1 2024 | 19 | $121.6M | MSFT, MU, IBKR, MCK, V |