L1 Capital International Pty Ltd
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), L1 Capital International Pty Ltd reported 19 stock positions worth $249.8 million. Its top holding was Microsoft (MSFT) at 10.5% of the portfolio, followed by Amazon.com (AMZN, 9.0%) and Booking (BKNG, 8.0%). Compared with Q1 2024, it opened 1 new position, sold out of 2 and added to 18. The biggest buy was Aercap (AER, shares +136%) and the biggest sale an exit from Wesco International (WCC).
- Most Recent 13F
- Q2 2026
- Location
- SYDNEY NSW 2000, C3
- CIK
- 0002009023
- Portfolio Value
- $249.8M (Q2 2024)
- SEC Filing
- 0001085146-24-003972 ↗ filed Aug 14, 2024
Holdings Value
Holdings 19 stocks · $249.8M
| MSFT Microsoft Corp. | 10.46% | 57,224 | $26.1M | Add +8.9% |
| AMZN Amazon.com Inc. | 9.03% | 114,373 | $22.6M | Add +27.9% |
| BKNG Booking Holdings Inc. | 8.02% | 5,157 | $20.0M | Add +6.4% |
| CRH CRH PLC | 6.48% | 221,733 | $16.2M | Add +6.5% |
| UNH Unitedhealth Group Inc. | 6.26% | 31,602 | $15.6M | Add +16.7% |
| NRP Natural Resource Partners LP | 6.22% | 157,805 | $15.5M | Add +5.2% |
| AER Aercap Holdings NV | 6.10% | 164,963 | $15.2M | Add +135.7% |
| MA Mastercard Inc. Class A | 5.50% | 31,397 | $13.7M | Add +6.5% |
| ICE Intercontinental Exchange Inc. | 5.50% | 100,306 | $13.7M | Add +6.5% |
| HCA HCA Healthcare Inc. | 5.49% | 43,546 | $13.7M | Add +6.5% |
| EXP Eagle Materials Inc. | 5.21% | 60,748 | $13.0M | Add +18.1% |
| MRSH Marsh & McLennan Cos | 4.55% | 54,112 | $11.4M | Add +6.5% |
| V Visa Inc. Class A | 4.31% | 40,893 | $10.8M | Add +6.5% |
| GOOG Alphabet Inc. Class C | 4.15% | 56,217 | $10.4M | Add +6.5% |
| CCEP Coca-Cola Europacific Partne | 3.76% | 128,544 | $9.4M | Add +6.5% |
| CDW CDW Corp. | 2.72% | 30,987 | $6.8M | Add +54.3% |
| INTU Intuit Inc. | 2.57% | 9,879 | $6.4M | Add +40.6% |
| AXP American Express Co. | 1.99% | 21,292 | $5.0M | New |
| CME Cme Group Inc. | 1.66% | 21,198 | $4.1M | Add +6.5% |
Portfolio Sells Q1 2024 → Q2 2024
Portfolio Buys Q1 2024 → Q2 2024
| AER Aercap Holdings NV | Add +135.7% | 6.10% | +3.43 |
| AXP American Express Co. | New | 1.99% | +1.99 |
| AMZN Amazon.com Inc. | Add +27.9% | 9.03% | +1.83 |
| INTU Intuit Inc. | Add +40.6% | 2.57% | +0.57 |
| MSFT Microsoft Corp. | Add +8.9% | 10.46% | +0.54 |
| GOOG Alphabet Inc. Class C | Add +6.5% | 4.15% | +0.48 |
| CDW CDW Corp. | Add +54.3% | 2.72% | +0.46 |
| UNH Unitedhealth Group Inc. | Add +16.7% | 6.26% | +0.36 |
| BKNG Booking Holdings Inc. | Add +6.4% | 8.02% | +0.33 |
| NRP Natural Resource Partners LP | Add +5.2% | 6.22% | +0.04 |
| CCEP Coca-Cola Europacific Partne | Add +6.5% | 3.76% | +0.04 |
| MRSH Marsh & McLennan Cos | Add +6.5% | 4.55% | −0.06 |
| CME Cme Group Inc. | Add +6.5% | 1.66% | −0.22 |
| ICE Intercontinental Exchange Inc. | Add +6.5% | 5.50% | −0.25 |
| V Visa Inc. Class A | Add +6.5% | 4.31% | −0.45 |
| HCA HCA Healthcare Inc. | Add +6.5% | 5.49% | −0.51 |
| MA Mastercard Inc. Class A | Add +6.5% | 5.50% | −0.78 |
| EXP Eagle Materials Inc. | Add +18.1% | 5.21% | −0.96 |
| CRH CRH PLC | Add +6.5% | 6.48% | −1.39 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 21 | $1.7B | AER, AMZN, NVDA, CRH, V |
| Q1 2026 | 23 | $1.7B | AER, AMZN, MSFT, CRH, MA |
| Q4 2025 | 21 | $1.9B | AER, AMZN, MSFT, CRH, BKNG |
| Q3 2025 | 19 | $479.1M | TSM, MSFT, AER, AMZN, CRH |
| Q2 2025 | 19 | $407.5M | MSFT, AER, AMZN, CRH, TSM |
| Q1 2025 | 19 | $363.4M | HCA, AER, MSFT, AMZN, V |
| Q4 2024 | 18 | $325.5M | MSFT, AMZN, AER, HCA, CRH |
| Q3 2024 | 19 | $312.6M | MSFT, BKNG, AMZN, CRH, HCA |
| Q2 2024 | 19 | $249.8M | MSFT, AMZN, BKNG, CRH, UNH |
| Q1 2024 | 20 | $224.8M | MSFT, CRH, BKNG, AMZN, MA |