GQG Partners LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 13, 2024), GQG Partners LLC reported 78 stock positions worth $63.8 billion. Its top holding was Meta Platforms Class A (META) at 9.3% of the portfolio, followed by Philip Morris International (PM, 8.1%) and Eli Lilly (LLY, 6.7%). Compared with Q2 2024, it opened 18 new positions, sold out of 19, added to 40 and reduced 19. The biggest buy was a new position in Unitedhealth (UNH) and the biggest sale Nvidia (NVDA, shares −85%).
- Most Recent 13F
- Q2 2026
- Location
- FT. LAUDERDALE, FL
- CIK
- 0001697233
- Portfolio Value
- $63.8B (Q3 2024)
- SEC Filing
- 0001062993-24-018992 ↗ filed Nov 13, 2024
Holdings Value
Holdings 78 stocks · $63.8B
| META Meta Platforms Inc. Class A | 9.34% | 10,416,104 | $6.0B | Reduce -3.2% |
| PM Philip Morris International | 8.12% | 42,654,251 | $5.2B | Add +17.7% |
| LLY Eli Lilly & Co. | 6.68% | 4,810,840 | $4.3B | Add +20.0% |
| PBR Petroleo Brasileiro-Spon ADR | 5.22% | 231,219,474 | $3.3B | Add +9.0% |
| ENB Enbridge Inc. | 4.64% | 72,794,998 | $3.0B | Add +43.0% |
| KO The Coca-Cola Co. | 4.26% | 37,793,012 | $2.7B | Add +41.3% |
| UNH Unitedhealth Group Inc. | 3.41% | 3,716,238 | $2.2B | New |
| MSFT Microsoft Corp. | 2.79% | 4,141,523 | $1.8B | Reduce -26.8% |
| IBN Icici Bank Ltd.-Spon ADR | 2.79% | 59,611,849 | $1.8B | Add +5.6% |
| PG The Procter & Gamble Co. | 2.61% | 9,630,221 | $1.7B | Add +6.9% |
| T AT&T Inc. | 2.43% | 70,498,519 | $1.6B | New |
| SO The Southern Co. | 2.34% | 16,555,903 | $1.5B | Add +21.0% |
| AEP American Electric Power | 2.33% | 14,517,471 | $1.5B | Add +51.5% |
| V Visa Inc. Class A | 2.27% | 5,261,337 | $1.4B | Reduce -6.8% |
| AMZN Amazon.com Inc. | 2.20% | 7,530,054 | $1.4B | Reduce -34.6% |
| XOM Exxon Mobil Corp. | 2.17% | 11,801,919 | $1.4B | Add +4473.0% |
| NVDA Nvidia Corp. | 2.11% | 11,061,873 | $1.3B | Reduce -85.4% |
| WMT Walmart Inc. | 2.06% | 16,290,167 | $1.3B | Add +0.3% |
| APP AppLovin Corp. Class A | 1.97% | 9,604,336 | $1.3B | Reduce -27.7% |
| TSM Taiwan Semiconductor-SP ADR | 1.92% | 7,042,179 | $1.2B | Reduce -26.5% |
| NFLX Netflix Inc. | 1.84% | 1,651,449 | $1.2B | Add +14.7% |
| CI The Cigna Group | 1.78% | 3,284,483 | $1.1B | New |
| VZ Verizon Communications Inc. | 1.74% | 24,735,386 | $1.1B | New |
| MELI MercadoLibre Inc. | 1.74% | 540,996 | $1.1B | Add +88.6% |
| NEE Nextera Energy Inc. | 1.69% | 12,783,201 | $1.1B | Add +2.3% |
| CL Colgate-Palmolive Co. | 1.52% | 9,338,402 | $969.4M | Add +10.4% |
| CB Chubb Ltd. | 1.47% | 3,251,092 | $937.6M | New |
| NVO Novo-Nordisk A/S-Spons ADR | 1.39% | 7,438,073 | $885.7M | Add +76.5% |
| PGR Progressive Corp. | 1.23% | 3,085,668 | $783.0M | New |
| RY Royal Bank of Canada | 1.13% | 5,745,490 | $717.9M | Add +236048.4% |
| UL Unilever PLC | 1.03% | 10,134,952 | $658.4M | Add +2056.7% |
| AVGO Broadcom Inc. | 0.92% | 3,403,915 | $587.2M | Reduce -89.5% |
| TCOM Trip.com Group Ltd.-ADR | 0.80% | 8,594,727 | $510.8M | New |
| DUK Duke Energy Corp. | 0.79% | 4,393,664 | $506.6M | Add +69.0% |
| BTI British American Tob-SP ADR | 0.79% | 13,704,562 | $501.3M | New |
| ALL Allstate Corp. | 0.78% | 2,630,822 | $498.9M | New |
| CME Cme Group Inc. | 0.72% | 2,072,965 | $457.4M | Add +7437.8% |
| ICE Intercontinental Exchange Inc. | 0.70% | 2,799,035 | $449.6M | New |
| AZN Astrazeneca PLC-Spons ADR | 0.67% | 5,475,142 | $426.6M | Add +82.5% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.66% | 10,015,042 | $420.1M | New |
| ISRG Intuitive Surgical Inc. | 0.62% | 803,488 | $394.7M | New |
| CBOE Cboe Global Markets Inc. | 0.59% | 1,843,744 | $377.7M | New |
| ABEV Ambev SA-ADR | 0.50% | 129,495,729 | $316.0M | New |
| ASML ASML Holding NV-NY Reg SHS | 0.47% | 362,314 | $301.9M | Reduce -64.3% |
| HDB HDFC Bank Ltd.-ADR | 0.44% | 4,519,233 | $282.7M | Add +605.5% |
| JNJ Johnson & Johnson | 0.38% | 1,502,640 | $243.5M | Add +2589.6% |
| CMS CMS Energy Corp. | 0.38% | 3,403,754 | $240.4M | Add +3578.3% |
| VALE Vale SA-SP ADR | 0.33% | 18,292,526 | $213.7M | Reduce -38.9% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 0.33% | 1,984,162 | $210.3M | Add +0.8% |
| IMO Imperial Oil Ltd. | 0.18% | 1,608,158 | $113.3M | New |
| EC Ecopetrol SA-Sponsored ADR | 0.17% | 12,291,439 | $109.8M | Reduce -0.3% |
| MRK Merck & Co. Inc. | 0.16% | 910,430 | $103.4M | Add +1467.2% |
| SAP Sap SE-Sponsored ADR | 0.10% | 280,660 | $64.3M | Add +266.0% |
| ITUB Itau Unibanco H-Spon PRF ADR | 0.07% | 6,967,164 | $46.3M | Add +151.6% |
| OKE Oneok Inc. | 0.06% | 389,297 | $35.5M | Add +373.4% |
| RDY Dr. Reddy's Laboratories-ADR | 0.05% | 436,951 | $34.7M | No change |
| TTE Totalenergies SE -Spon ADR | 0.03% | 311,797 | $20.1M | Add +16.5% |
| MA Mastercard Inc. Class A | 0.02% | 20,587 | $10.2M | Add +9.2% |
| AMAT Applied Materials Inc. | 0.01% | 44,927 | $9.1M | Add +0.1% |
| FTS Fortis Inc. | 0.01% | 139,212 | $6.3M | Add +37.1% |
| CVX Chevron Corp. | 0.01% | 30,259 | $4.5M | Add +0.0% |
| AIG American International Group | 0.01% | 56,590 | $4.1M | Add +0.0% |
| TMUS T-Mobile US Inc. | 0.01% | 18,533 | $3.8M | New |
| HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC | 0.01% | 75,339 | $3.4M | Reduce -4.2% |
| MFC Manulife Financial Corp. | 0.01% | 114,483 | $3.4M | Add +8.8% |
| E Eni SPA-Sponsored ADR | 0.01% | 108,221 | $3.3M | Reduce -0.5% |
| ORCL Oracle Corp. | 0.01% | 18,933 | $3.2M | Reduce -0.1% |
| YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA | 0.00% | 109,656 | $2.3M | Reduce -0.3% |
| ADP Automatic Data Processing | 0.00% | 5,990 | $1.7M | Add +0.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.00% | 2,861 | $1.6M | Add +97.6% |
| MDLZ Mondelez International Inc. Class A | 0.00% | 14,304 | $1.1M | Reduce -99.9% |
| GOOG Alphabet Inc. Class C | 0.00% | 3,975 | $665K | Reduce -100.0% |
| SHEL Shell PLC-ADR | 0.00% | 7,015 | $463K | Reduce -99.8% |
| AAPL Apple Inc. | 0.00% | 1,915 | $446K | Reduce -100.0% |
| NVS Novartis AG-Sponsored ADR | 0.00% | 3,678 | $423K | Add +48.6% |
| NGG National Grid PLC-SP ADR | 0.00% | 5,337 | $372K | New |
| KLAC KLA Corp. | 0.00% | 451 | $349K | Add +61.6% |
| IWB iShares Russell 1000 ETF | 0.00% | 704 | $221K | New |
Portfolio Sells Q2 2024 → Q3 2024
| NVDA Nvidia Corp. | Reduce -85.4% | 2.11% | −12.07 |
| AVGO Broadcom Inc. | Reduce -89.5% | 0.92% | −6.95 |
| AAPL Apple Inc. | Reduce -100.0% | 0.00% | −3.59 |
| GOOG Alphabet Inc. Class C | Reduce -100.0% | 0.00% | −2.69 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −2.46 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −2.18 |
| SNPS Synopsys Inc. | Sold out | 0.00% | −1.98 |
| MDLZ Mondelez International Inc. Class A | Reduce -99.9% | 0.00% | −1.22 |
| AMZN Amazon.com Inc. | Reduce -34.6% | 2.20% | −1.17 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -64.3% | 0.47% | −1.10 |
| CNQ Canadian Natural Resources | Sold out | 0.00% | −1.05 |
| MSFT Microsoft Corp. | Reduce -26.8% | 2.79% | −1.04 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -26.5% | 1.92% | −0.61 |
| SHEL Shell PLC-ADR | Reduce -99.8% | 0.00% | −0.34 |
| JPM JPMorgan Chase & Co. | Sold out | 0.00% | −0.32 |
| BEKE Ke Holdings Inc.-ADR | Sold out | 0.00% | −0.28 |
| VALE Vale SA-SP ADR | Reduce -38.9% | 0.33% | −0.17 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −0.05 |
| EC Ecopetrol SA-Sponsored ADR | Reduce -0.3% | 0.17% | −0.04 |
| BBY Best Buy Co. Inc. | Sold out | 0.00% | −0.01 |
| GS Goldman Sachs Group Inc. | Sold out | 0.00% | −0.01 |
| STX Seagate Technology Holdings | Sold out | 0.00% | −0.01 |
| C Citigroup Inc. | Sold out | 0.00% | −0.01 |
| RIO Rio Tinto PLC-Spon ADR | Sold out | 0.00% | −0.00 |
| TXN Texas Instruments Inc. | Sold out | 0.00% | −0.00 |
| PEP Pepsico Inc. | Sold out | 0.00% | −0.00 |
| RIG Transocean Ltd. | Sold out | 0.00% | −0.00 |
| NOC Northrop Grumman Corp. | Sold out | 0.00% | −0.00 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −0.00 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.00 |
| DB Deutsche Bank AG-Registered | Sold out | 0.00% | −0.00 |
| E Eni SPA-Sponsored ADR | Reduce -0.5% | 0.01% | +0.00 |
| HSBC HSBC Holdings PLC-Spons ADR | Reduce -4.2% | 0.01% | +0.00 |
| YPF YPF S.A.-Sponsored ADR | Reduce -0.3% | 0.00% | +0.00 |
| ORCL Oracle Corp. | Reduce -0.1% | 0.01% | +0.00 |
| V Visa Inc. Class A | Reduce -6.8% | 2.27% | +0.02 |
| APP AppLovin Corp. Class A | Reduce -27.7% | 1.97% | +0.29 |
| META Meta Platforms Inc. Class A | Reduce -3.2% | 9.34% | +1.12 |
Portfolio Buys Q2 2024 → Q3 2024
| UNH Unitedhealth Group Inc. | New | 3.41% | +3.41 |
| PM Philip Morris International | Add +17.7% | 8.12% | +2.55 |
| T AT&T Inc. | New | 2.43% | +2.43 |
| XOM Exxon Mobil Corp. | Add +4473.0% | 2.17% | +2.12 |
| ENB Enbridge Inc. | Add +43.0% | 4.64% | +1.89 |
| CI The Cigna Group | New | 1.78% | +1.78 |
| VZ Verizon Communications Inc. | New | 1.74% | +1.74 |
| KO The Coca-Cola Co. | Add +41.3% | 4.26% | +1.67 |
| CB Chubb Ltd. | New | 1.47% | +1.47 |
| PGR Progressive Corp. | New | 1.23% | +1.23 |
| LLY Eli Lilly & Co. | Add +20.0% | 6.68% | +1.18 |
| RY Royal Bank of Canada | Add +236048.4% | 1.13% | +1.12 |
| AEP American Electric Power | Add +51.5% | 2.33% | +1.06 |
| MELI MercadoLibre Inc. | Add +88.6% | 1.74% | +1.03 |
| UL Unilever PLC | Add +2056.7% | 1.03% | +0.99 |
| TCOM Trip.com Group Ltd.-ADR | New | 0.80% | +0.80 |
| BTI British American Tob-SP ADR | New | 0.79% | +0.79 |
| ALL Allstate Corp. | New | 0.78% | +0.78 |
| SO The Southern Co. | Add +21.0% | 2.34% | +0.73 |
| CME Cme Group Inc. | Add +7437.8% | 0.72% | +0.71 |
| ICE Intercontinental Exchange Inc. | New | 0.70% | +0.70 |
| SLB SLB Ltd. | New | 0.66% | +0.66 |
| ISRG Intuitive Surgical Inc. | New | 0.62% | +0.62 |
| CBOE Cboe Global Markets Inc. | New | 0.59% | +0.59 |
| PBR Petroleo Brasileiro-Spon ADR | Add +9.0% | 5.22% | +0.56 |
| ABEV Ambev SA-ADR | New | 0.50% | +0.50 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +76.5% | 1.39% | +0.48 |
| DUK Duke Energy Corp. | Add +69.0% | 0.79% | +0.40 |
| WMT Walmart Inc. | Add +0.3% | 2.06% | +0.39 |
| HDB HDFC Bank Ltd.-ADR | Add +605.5% | 0.44% | +0.38 |
| JNJ Johnson & Johnson | Add +2589.6% | 0.38% | +0.37 |
| CMS CMS Energy Corp. | Add +3578.3% | 0.38% | +0.37 |
| PG The Procter & Gamble Co. | Add +6.9% | 2.61% | +0.36 |
| NFLX Netflix Inc. | Add +14.7% | 1.84% | +0.36 |
| NEE Nextera Energy Inc. | Add +2.3% | 1.69% | +0.35 |
| IBN Icici Bank Ltd.-Spon ADR | Add +5.6% | 2.79% | +0.32 |
| AZN Astrazeneca PLC-Spons ADR | Add +82.5% | 0.67% | +0.31 |
| CL Colgate-Palmolive Co. | Add +10.4% | 1.52% | +0.27 |
| IMO Imperial Oil Ltd. | New | 0.18% | +0.18 |
| MRK Merck & Co. Inc. | Add +1467.2% | 0.16% | +0.15 |
| SAP Sap SE-Sponsored ADR | Add +266.0% | 0.10% | +0.08 |
| ITUB Itau Unibanco H-Spon PRF ADR | Add +151.6% | 0.07% | +0.05 |
| OKE Oneok Inc. | Add +373.4% | 0.06% | +0.05 |
| TMUS T-Mobile US Inc. | New | 0.01% | +0.01 |
| TTE Totalenergies SE -Spon ADR | Add +16.5% | 0.03% | +0.00 |
| FTS Fortis Inc. | Add +37.1% | 0.01% | +0.00 |
| MA Mastercard Inc. Class A | Add +9.2% | 0.02% | +0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +97.6% | 0.00% | +0.00 |
| MFC Manulife Financial Corp. | Add +8.8% | 0.01% | +0.00 |
| NGG National Grid PLC-SP ADR | New | 0.00% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 102 | $53.8B | PM, CB, PBR, ENB, XOM |
| Q1 2026 | 81 | $63.1B | PM, ENB, CB, PBR, T |
| Q4 2025 | 87 | $60.7B | PM, CB, ENB, PGR, IBN |
| Q3 2025 | 93 | $65.1B | PM, ENB, CB, T, PBR |
| Q2 2025 | 93 | $70.3B | PM, ENB, T, CB, PBR |
| Q1 2025 | 86 | $62.8B | PM, PBR, ENB, T, CB |
| Q4 2024 | 92 | $67.4B | PM, META, LLY, NVDA, ENB |
| Q3 2024 | 78 | $63.8B | META, PM, LLY, PBR, ENB |
| Q2 2024 | 79 | $66.0B | NVDA, META, AVGO, PM, LLY |
| Q1 2024 | 86 | $62.2B | NVDA, META, AVGO, MSFT, LLY |