L1 Capital International Pty Ltd
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), L1 Capital International Pty Ltd reported 18 stock positions worth $325.5 million. Its top holding was Microsoft (MSFT) at 9.9% of the portfolio, followed by Amazon.com (AMZN, 9.8%) and Aercap (AER, 8.6%). Compared with Q3 2024, it sold out of 1, added to 16 and reduced 2. The biggest buy was Amazon.com (AMZN, shares +6%) and the biggest sale an exit from Eagle Materials (EXP).
- Most Recent 13F
- Q2 2026
- Location
- SYDNEY NSW 2000, C3
- CIK
- 0002009023
- Portfolio Value
- $325.5M (Q4 2024)
- SEC Filing
- 0001085146-25-001659 ↗ filed Feb 14, 2025
Holdings Value
Holdings 18 stocks · $325.5M
| MSFT Microsoft Corp. | 9.95% | 76,796 | $32.4M | Add +11.8% |
| AMZN Amazon.com Inc. | 9.81% | 145,471 | $31.9M | Add +5.9% |
| AER Aercap Holdings NV | 8.63% | 293,563 | $28.1M | Add +17.6% |
| HCA HCA Healthcare Inc. | 8.15% | 88,347 | $26.5M | Add +52.4% |
| CRH CRH PLC | 8.02% | 282,016 | $26.1M | Add +5.9% |
| BKNG Booking Holdings Inc. | 6.70% | 4,389 | $21.8M | Reduce -32.9% |
| MA Mastercard Inc. Class A | 6.46% | 39,933 | $21.0M | Add +5.9% |
| V Visa Inc. Class A | 6.41% | 66,056 | $20.9M | Add +5.9% |
| ICE Intercontinental Exchange Inc. | 5.84% | 127,581 | $19.0M | Add +5.9% |
| GOOG Alphabet Inc. Class C | 5.17% | 88,436 | $16.8M | Add +5.9% |
| MRSH Marsh & McLennan Cos | 4.87% | 74,639 | $15.9M | Add +22.9% |
| UNH Unitedhealth Group Inc. | 4.49% | 28,921 | $14.6M | Add +26.7% |
| J Jacobs Solutions Inc. | 3.70% | 90,151 | $12.0M | Add +70.3% |
| INTU Intuit Inc. | 2.90% | 15,036 | $9.5M | Add +33.0% |
| AXP American Express Co. | 2.37% | 25,952 | $7.7M | Reduce -16.9% |
| CCEP Coca-Cola Europacific Partne | 2.36% | 99,960 | $7.7M | Add +4.3% |
| CDW CDW Corp. | 2.34% | 43,764 | $7.6M | Add +17.6% |
| CME Cme Group Inc. | 1.83% | 25,650 | $6.0M | Add +4.3% |
Portfolio Sells Q3 2024 → Q4 2024
Portfolio Buys Q3 2024 → Q4 2024
| AMZN Amazon.com Inc. | Add +5.9% | 9.81% | +1.67 |
| J Jacobs Solutions Inc. | Add +70.3% | 3.70% | +1.46 |
| AER Aercap Holdings NV | Add +17.6% | 8.63% | +1.15 |
| V Visa Inc. Class A | Add +5.9% | 6.41% | +0.87 |
| INTU Intuit Inc. | Add +33.0% | 2.90% | +0.71 |
| MSFT Microsoft Corp. | Add +11.8% | 9.95% | +0.70 |
| GOOG Alphabet Inc. Class C | Add +5.9% | 5.17% | +0.68 |
| HCA HCA Healthcare Inc. | Add +52.4% | 8.15% | +0.63 |
| MRSH Marsh & McLennan Cos | Add +22.9% | 4.87% | +0.54 |
| MA Mastercard Inc. Class A | Add +5.9% | 6.46% | +0.47 |
| CRH CRH PLC | Add +5.9% | 8.02% | +0.28 |
| UNH Unitedhealth Group Inc. | Add +26.7% | 4.49% | +0.24 |
| CME Cme Group Inc. | Add +4.3% | 1.83% | +0.06 |
| CCEP Coca-Cola Europacific Partne | Add +4.3% | 2.36% | −0.02 |
| CDW CDW Corp. | Add +17.6% | 2.34% | −0.25 |
| ICE Intercontinental Exchange Inc. | Add +5.9% | 5.84% | −0.37 |
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 |