Generate Investment Management Ltd
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 23, 2025), Generate Investment Management Ltd reported 77 stock positions worth $1.4 billion. Its top holding was Amazon.com (AMZN) at 7.8% of the portfolio, followed by Nvidia (NVDA, 7.3%) and Meta Platforms Class A (META, 5.7%). Compared with Q4 2024, it opened 21 new positions, sold out of 19, added to 23 and reduced 31. The biggest buy was Amazon.com (AMZN, shares +101%) and the biggest sale Unitedhealth (UNH, shares −84%).
- Most Recent 13F
- Q2 2026
- Location
- AUCKLAND, Q2
- CIK
- 0002025905
- Portfolio Value
- $1.4B (Q1 2025)
- SEC Filing
- 0002025905-25-000003 ↗ filed Apr 23, 2025
Holdings Value
Holdings 77 stocks · $1.4B
| AMZN Amazon.com Inc. | 7.78% | 582,747 | $110.9M | Add +101.2% |
| NVDA Nvidia Corp. | 7.33% | 964,113 | $104.5M | Add +49.1% |
| META Meta Platforms Inc. Class A | 5.75% | 142,131 | $81.9M | Add +61.4% |
| MSFT Microsoft Corp. | 5.55% | 210,798 | $79.1M | Add +7.5% |
| TSM Taiwan Semiconductor-SP ADR | 3.68% | 316,025 | $52.5M | Add +63.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.03% | 81,137 | $43.2M | Reduce -2.5% |
| AAPL Apple Inc. | 2.84% | 182,160 | $40.5M | Add +3.2% |
| LNG Cheniere Energy Inc. | 2.53% | 156,082 | $36.1M | Add +621.2% |
| GOOGL Alphabet Inc. Class A | 2.38% | 219,377 | $33.9M | Add +10.4% |
| APH Amphenol Corp. Class A | 2.20% | 477,972 | $31.4M | Add +185.5% |
| NFLX Netflix Inc. | 1.91% | 29,176 | $27.2M | Add +23.0% |
| CPAY Corpay Inc. | 1.79% | 72,979 | $25.4M | Add +32.0% |
| RCL Royal Caribbean Cruises Ltd. | 1.77% | 122,761 | $25.2M | Add +45.2% |
| SNPS Synopsys Inc. | 1.68% | 55,788 | $23.9M | New |
| PINS Pinterest Inc. Class A | 1.67% | 767,394 | $23.8M | Add +89.0% |
| HD Home Depot Inc. | 1.65% | 64,139 | $23.5M | Add +32.4% |
| LRCX Lam Research Corp. | 1.61% | 315,485 | $22.9M | New |
| WAL Western Alliance Bancorp | 1.57% | 290,931 | $22.4M | Reduce -30.2% |
| WSC Willscot Holdings Corp. | 1.57% | 803,643 | $22.3M | Add +25.1% |
| WMT Walmart Inc. | 1.53% | 248,816 | $21.8M | Add +161.0% |
| MU Micron Technology Inc. | 1.52% | 249,754 | $21.7M | Add +222.8% |
| ELF Elf Beauty Inc. | 1.52% | 344,805 | $21.7M | New |
| AVGO Broadcom Inc. | 1.45% | 123,432 | $20.7M | Reduce -21.6% |
| JPM JPMorgan Chase & Co. | 1.45% | 83,987 | $20.6M | Add +120.4% |
| LLY Eli Lilly & Co. | 1.41% | 24,378 | $20.1M | Reduce -23.1% |
| AGI Alamos Gold Inc. Class A | 1.39% | 743,034 | $19.9M | Reduce -9.3% |
| ICE Intercontinental Exchange Inc. | 1.26% | 104,501 | $18.0M | Reduce -1.1% |
| ELV Elevance Health Inc. | 1.13% | 37,089 | $16.1M | Reduce -49.8% |
| GDDY GoDaddy Inc. Class A | 1.12% | 88,749 | $16.0M | Add +36.9% |
| HOOD Robinhood Markets Inc. Class A | 1.07% | 367,717 | $15.3M | Add +13.9% |
| CRM Salesforce Inc. | 1.07% | 57,027 | $15.3M | Reduce -21.7% |
| WTW Willis Towers Watson PLC | 1.07% | 45,037 | $15.2M | Add +4.0% |
| NEM Newmont Corp. | 1.02% | 301,110 | $14.5M | New |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.99% | 56,855 | $14.1M | New |
| BSX Boston Scientific Corp. | 0.99% | 139,691 | $14.1M | Reduce -23.7% |
| SPOT Spotify Technology SA | 0.96% | 24,807 | $13.6M | Add +39.5% |
| CRH CRH PLC | 0.91% | 146,662 | $12.9M | Reduce -45.2% |
| UBER Uber Technologies Inc. | 0.88% | 172,109 | $12.5M | Reduce -15.1% |
| CTAS Cintas Corp. | 0.84% | 58,527 | $12.0M | New |
| ANET Arista Networks Inc. | 0.81% | 149,932 | $11.6M | New |
| TXN Texas Instruments Inc. | 0.79% | 62,691 | $11.3M | New |
| DAL Delta Air Lines Inc. | 0.77% | 251,411 | $11.0M | Reduce -7.7% |
| UAL United Airlines Holdings Inc. | 0.76% | 156,019 | $10.8M | New |
| CCEP Coca-Cola Europacific Partne | 0.70% | 115,281 | $10.0M | Reduce -37.6% |
| RSG Republic Services Inc. | 0.68% | 40,077 | $9.7M | No change |
| MCK McKesson Corp. | 0.65% | 13,804 | $9.3M | Reduce -25.6% |
| HCA HCA Healthcare Inc. | 0.61% | 25,164 | $8.7M | Reduce -72.6% |
| COR Cencora Inc. | 0.60% | 30,743 | $8.5M | Reduce -33.9% |
| TMO Thermo Fisher Scientific Inc. | 0.60% | 17,131 | $8.5M | Add +7.2% |
| WCN Waste Connections Inc. | 0.59% | 43,092 | $8.4M | Reduce -27.3% |
| WM Waste Management Inc. | 0.59% | 36,273 | $8.4M | Reduce -46.5% |
| FISV Fiserv Inc. | 0.59% | 37,975 | $8.4M | Reduce -66.9% |
| ETN Eaton Corp. PLC | 0.59% | 30,720 | $8.4M | Reduce -19.6% |
| KIM Kimco Realty Corp. | 0.58% | 390,981 | $8.3M | Reduce -42.4% |
| GFL GFL Environmental Inc.-Sub VT | 0.58% | 170,599 | $8.2M | Reduce -49.5% |
| MELI MercadoLibre Inc. | 0.57% | 4,167 | $8.1M | New |
| BABA Alibaba Group Holding-SP ADR | 0.52% | 56,206 | $7.4M | Reduce -34.6% |
| ISRG Intuitive Surgical Inc. | 0.51% | 14,682 | $7.3M | New |
| VRT Vertiv Holdings Co. Class A | 0.48% | 94,896 | $6.9M | Reduce -39.5% |
| WH Wyndham Hotels & Resorts Inc. | 0.44% | 69,141 | $6.3M | New |
| ALK Alaska Air Group Inc. | 0.42% | 122,541 | $6.0M | New |
| UNH Unitedhealth Group Inc. | 0.40% | 11,013 | $5.8M | Reduce -83.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.40% | 135,738 | $5.7M | Reduce -79.1% |
| PLD Prologis Inc. | 0.39% | 49,246 | $5.5M | Reduce -61.6% |
| AMAT Applied Materials Inc. | 0.39% | 37,864 | $5.5M | New |
| NKE Nike Inc. Class B | 0.37% | 82,706 | $5.3M | New |
| AER Aercap Holdings NV | 0.35% | 48,343 | $4.9M | New |
| BLK BlackRock Inc. | 0.34% | 5,139 | $4.9M | Reduce -70.1% |
| KO The Coca-Cola Co. | 0.34% | 67,830 | $4.9M | New |
| CHWY Chewy Inc. Class A | 0.33% | 143,563 | $4.7M | New |
| ABNB Airbnb Inc. Class A | 0.26% | 30,895 | $3.7M | New |
| NYT New York Times Co. Class A | 0.23% | 66,849 | $3.3M | Reduce -24.8% |
| NOW ServiceNow Inc. | 0.22% | 3,886 | $3.1M | New |
| NVO Novo-Nordisk A/S-Spons ADR | 0.19% | 39,962 | $2.8M | No change |
| GS Goldman Sachs Group Inc. | 0.17% | 4,420 | $2.4M | Reduce -69.5% |
| RDDT Reddit Inc. Class A | 0.16% | 22,380 | $2.3M | New |
| XYZ Block Inc. | 0.16% | 41,312 | $2.2M | Reduce -53.1% |
Portfolio Sells Q4 2024 → Q1 2025
| UNH Unitedhealth Group Inc. | Reduce -83.7% | 0.40% | −1.99 |
| AEM Agnico Eagle Mines Ltd. | Sold out | 0.00% | −1.71 |
| BAC Bank of America Corp. | Reduce -79.1% | 0.40% | −1.59 |
| EFX Equifax Inc. | Sold out | 0.00% | −1.54 |
| HCA HCA Healthcare Inc. | Reduce -72.6% | 0.61% | −1.32 |
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −1.23 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −1.17 |
| AVGO Broadcom Inc. | Reduce -21.6% | 1.45% | −1.10 |
| V Visa Inc. Class A | Sold out | 0.00% | −1.10 |
| FISV Fiserv Inc. | Reduce -66.9% | 0.59% | −1.06 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −0.98 |
| NET Cloudflare Inc. Class A | Sold out | 0.00% | −0.91 |
| BLK BlackRock Inc. | Reduce -70.1% | 0.34% | −0.89 |
| WAL Western Alliance Bancorp | Reduce -30.2% | 1.57% | −0.87 |
| PHM Pultegroup Inc. | Sold out | 0.00% | −0.86 |
| SPGI S&P Global Inc. | Sold out | 0.00% | −0.84 |
| CRH CRH PLC | Reduce -45.2% | 0.91% | −0.83 |
| DEO Diageo PLC-Sponsored ADR | Sold out | 0.00% | −0.78 |
| ELV Elevance Health Inc. | Reduce -49.8% | 1.13% | −0.78 |
| VRT Vertiv Holdings Co. Class A | Reduce -39.5% | 0.48% | −0.77 |
| MA Mastercard Inc. Class A | Sold out | 0.00% | −0.74 |
| FCNCA First Citizens Bcshs Class A | Sold out | 0.00% | −0.65 |
| CRM Salesforce Inc. | Reduce -21.7% | 1.07% | −0.63 |
| ABBV Abbvie Inc. | Sold out | 0.00% | −0.59 |
| IQV Iqvia Holdings Inc. | Sold out | 0.00% | −0.58 |
| DHR Danaher Corp. | Sold out | 0.00% | −0.56 |
| PLD Prologis Inc. | Reduce -61.6% | 0.39% | −0.56 |
| AZN Astrazeneca PLC-Spons ADR | Sold out | 0.00% | −0.55 |
| KIM Kimco Realty Corp. | Reduce -42.4% | 0.58% | −0.53 |
| GFL GFL Environmental Inc.-Sub VT | Reduce -49.5% | 0.58% | −0.47 |
| WCC Wesco International Inc. | Sold out | 0.00% | −0.42 |
| GS Goldman Sachs Group Inc. | Reduce -69.5% | 0.17% | −0.41 |
| REGN Regeneron Pharmaceuticals | Sold out | 0.00% | −0.39 |
| DAL Delta Air Lines Inc. | Reduce -7.7% | 0.77% | −0.38 |
| TGT Target Corp. | Sold out | 0.00% | −0.37 |
| WM Waste Management Inc. | Reduce -46.5% | 0.59% | −0.37 |
| XYZ Block Inc. | Reduce -53.1% | 0.16% | −0.37 |
| ETN Eaton Corp. PLC | Reduce -19.6% | 0.59% | −0.30 |
| LLY Eli Lilly & Co. | Reduce -23.1% | 1.41% | −0.30 |
| CCEP Coca-Cola Europacific Partne | Reduce -37.6% | 0.70% | −0.29 |
| BSX Boston Scientific Corp. | Reduce -23.7% | 0.99% | −0.15 |
| COR Cencora Inc. | Reduce -33.9% | 0.60% | −0.13 |
| WCN Waste Connections Inc. | Reduce -27.3% | 0.59% | −0.12 |
| NYT New York Times Co. Class A | Reduce -24.8% | 0.23% | −0.09 |
| MCK McKesson Corp. | Reduce -25.6% | 0.65% | −0.09 |
| BABA Alibaba Group Holding-SP ADR | Reduce -34.6% | 0.52% | +0.01 |
| UBER Uber Technologies Inc. | Reduce -15.1% | 0.88% | +0.02 |
| ICE Intercontinental Exchange Inc. | Reduce -1.1% | 1.26% | +0.16 |
| AGI Alamos Gold Inc. Class A | Reduce -9.3% | 1.39% | +0.34 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.5% | 3.03% | +0.40 |
Portfolio Buys Q4 2024 → Q1 2025
| AMZN Amazon.com Inc. | Add +101.2% | 7.78% | +3.34 |
| LNG Cheniere Energy Inc. | Add +621.2% | 2.53% | +2.21 |
| META Meta Platforms Inc. Class A | Add +61.4% | 5.75% | +2.14 |
| SNPS Synopsys Inc. | New | 1.68% | +1.68 |
| LRCX Lam Research Corp. | New | 1.61% | +1.61 |
| ELF Elf Beauty Inc. | New | 1.52% | +1.52 |
| APH Amphenol Corp. Class A | Add +185.5% | 2.20% | +1.39 |
| NVDA Nvidia Corp. | Add +49.1% | 7.33% | +1.26 |
| MU Micron Technology Inc. | Add +222.8% | 1.52% | +1.07 |
| NEM Newmont Corp. | New | 1.02% | +1.02 |
| TSM Taiwan Semiconductor-SP ADR | Add +63.2% | 3.68% | +1.01 |
| IBM Intl Business Machines Corp. | New | 0.99% | +0.99 |
| WMT Walmart Inc. | Add +161.0% | 1.53% | +0.93 |
| PINS Pinterest Inc. Class A | Add +89.0% | 1.67% | +0.85 |
| CTAS Cintas Corp. | New | 0.84% | +0.84 |
| ANET Arista Networks Inc. | New | 0.81% | +0.81 |
| JPM JPMorgan Chase & Co. | Add +120.4% | 1.45% | +0.81 |
| TXN Texas Instruments Inc. | New | 0.79% | +0.79 |
| UAL United Airlines Holdings Inc. | New | 0.76% | +0.76 |
| MELI MercadoLibre Inc. | New | 0.57% | +0.57 |
| ISRG Intuitive Surgical Inc. | New | 0.51% | +0.51 |
| CPAY Corpay Inc. | Add +32.0% | 1.79% | +0.48 |
| WH Wyndham Hotels & Resorts Inc. | New | 0.44% | +0.44 |
| NFLX Netflix Inc. | Add +23.0% | 1.91% | +0.43 |
| ALK Alaska Air Group Inc. | New | 0.42% | +0.42 |
| RCL Royal Caribbean Cruises Ltd. | Add +45.2% | 1.77% | +0.41 |
| SPOT Spotify Technology SA | Add +39.5% | 0.96% | +0.40 |
| AMAT Applied Materials Inc. | New | 0.39% | +0.39 |
| NKE Nike Inc. Class B | New | 0.37% | +0.37 |
| AER Aercap Holdings NV | New | 0.35% | +0.35 |
| KO The Coca-Cola Co. | New | 0.34% | +0.34 |
| HD Home Depot Inc. | Add +32.4% | 1.65% | +0.33 |
| CHWY Chewy Inc. Class A | New | 0.33% | +0.33 |
| ABNB Airbnb Inc. Class A | New | 0.26% | +0.26 |
| HOOD Robinhood Markets Inc. Class A | Add +13.9% | 1.07% | +0.23 |
| GDDY GoDaddy Inc. Class A | Add +36.9% | 1.12% | +0.23 |
| NOW ServiceNow Inc. | New | 0.22% | +0.22 |
| RDDT Reddit Inc. Class A | New | 0.16% | +0.16 |
| WTW Willis Towers Watson PLC | Add +4.0% | 1.07% | +0.12 |
| WSC Willscot Holdings Corp. | Add +25.1% | 1.57% | +0.07 |
| TMO Thermo Fisher Scientific Inc. | Add +7.2% | 0.60% | +0.02 |
| MSFT Microsoft Corp. | Add +7.5% | 5.55% | −0.23 |
| GOOGL Alphabet Inc. Class A | Add +10.4% | 2.38% | −0.25 |
| AAPL Apple Inc. | Add +3.2% | 2.84% | −0.25 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 90 | $2.4B | NVDA, AMZN, MSFT, GOOGL, AAPL |
| Q1 2026 | 70 | $2.0B | NVDA, MSFT, AMZN, META, GOOGL |
| Q4 2025 | 76 | $2.2B | NVDA, AMZN, MSFT, GOOGL, META |
| Q3 2025 | 81 | $2.0B | NVDA, MSFT, AAPL, AMZN, META |
| Q2 2025 | 90 | $1.8B | NVDA, MSFT, AMZN, META, TSM |
| Q1 2025 | 77 | $1.4B | AMZN, NVDA, META, MSFT, TSM |
| Q4 2024 | 75 | $1.4B | NVDA, MSFT, AMZN, META, AAPL |
| Q3 2024 | 72 | $1.5B | NVDA, MSFT, AMZN, META, AAPL |
| Q2 2024 | 74 | $1.4B | AMZN, MSFT, NVDA, GOOGL, AAPL |
| Q1 2024 | 74 | $1.3B | MSFT, AMZN, GOOGL, BRK.B, NVDA |