Martin Currie Ltd.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Martin Currie Ltd. reported 54 stock positions worth $2.8 billion. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 13.2% of the portfolio, followed by HDFC Bank Ltd.-ADR (HDB, 7.6%) and Nvidia (NVDA, 7.4%). Compared with Q1 2024, it opened 3 new positions, sold out of 1, added to 6 and reduced 44. The biggest buy was a new position in Trip.com Group Ltd.-ADR (TCOM) and the biggest sale Estee Lauder Companies Class A (EL, shares −22%).
- Most Recent 13F
- Q2 2025
- Location
- Edinburgh, X0
- CIK
- 0001094499
- Portfolio Value
- $2.8B (Q2 2024)
- SEC Filing
- 0000038777-24-000118 ↗ filed Aug 14, 2024
Holdings Value
Holdings 54 stocks · $2.8B
| TSM Taiwan Semiconductor-SP ADR | 13.18% | 2,115,147 | $367.6M | Reduce -24.5% |
| HDB HDFC Bank Ltd.-ADR | 7.60% | 3,292,388 | $211.8M | Reduce -3.2% |
| NVDA Nvidia Corp. | 7.44% | 1,680,211 | $207.6M | Reduce -43.9% |
| LIN Linde PLC | 6.39% | 406,110 | $178.2M | Reduce -17.2% |
| RACE Ferrari NV | 6.35% | 433,461 | $177.0M | Reduce -17.6% |
| IBN Icici Bank Ltd.-Spon ADR | 5.38% | 5,207,057 | $150.0M | Reduce -5.1% |
| BABA Alibaba Group Holding-SP ADR | 4.71% | 1,824,505 | $131.4M | Reduce -4.4% |
| MSFT Microsoft Corp. | 4.52% | 282,189 | $126.1M | Reduce -23.5% |
| MTD Mettler-Toledo International | 3.48% | 69,458 | $97.1M | Reduce -19.2% |
| MELI MercadoLibre Inc. | 2.91% | 49,299 | $81.0M | Reduce -3.9% |
| GLOB Globant SA | 2.89% | 452,260 | $80.6M | Reduce -7.7% |
| CDNS Cadence Design SYS Inc. | 2.74% | 248,545 | $76.5M | Reduce -21.0% |
| ZTS Zoetis Inc. | 2.72% | 438,063 | $75.9M | Add +9.1% |
| MA Mastercard Inc. Class A | 2.63% | 166,453 | $73.4M | Reduce -24.3% |
| ILMN Illumina Inc. | 2.17% | 579,803 | $60.5M | Reduce -23.1% |
| ADSK Autodesk Inc. | 2.03% | 229,005 | $56.7M | Reduce -21.9% |
| INDA iShares MSCI India ETF | 1.92% | 958,825 | $53.5M | Add +36.1% |
| IDXX Idexx Laboratories Inc. | 1.90% | 108,928 | $53.1M | Add +14.0% |
| BAP Credicorp Ltd. | 1.82% | 314,600 | $50.8M | Reduce -4.4% |
| JD Jd.com Inc.-ADR | 1.72% | 1,858,009 | $48.0M | Reduce -6.3% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 1.72% | 451,116 | $48.0M | Reduce -22.3% |
| VEEV Veeva Systems Inc. Class A | 1.71% | 261,236 | $47.8M | Reduce -21.0% |
| NKE Nike Inc. Class B | 1.33% | 490,391 | $37.0M | Reduce -20.3% |
| EPAM Epam Systems Inc. | 1.13% | 167,107 | $31.4M | Reduce -2.8% |
| KSA Ishrs MSCI Saudi Arabia ETF | 1.10% | 757,841 | $30.8M | Add +0.4% |
| TCOM Trip.com Group Ltd.-ADR | 1.05% | 621,511 | $29.2M | New |
| RMD Resmed Inc. | 1.01% | 146,720 | $28.1M | Reduce -52.0% |
| CRH CRH PLC | 0.99% | 372,883 | $27.6M | Reduce -24.3% |
| AMZN Amazon.com Inc. | 0.93% | 133,798 | $25.9M | Reduce -19.0% |
| INFY Infosys Ltd.-SP ADR | 0.75% | 1,128,316 | $21.0M | Add +10.8% |
| DXCM Dexcom Inc. | 0.58% | 143,335 | $16.3M | New |
| TLK Telkom Indonesia Persero-ADR filed as P T TELEKOMUNIKASI INDONESIA | 0.53% | 797,402 | $14.9M | Reduce -9.2% |
| CSANY Cosan SA -ADR | 0.52% | 1,481,542 | $14.4M | Reduce -44.2% |
| V Visa Inc. Class A | 0.50% | 53,230 | $14.0M | Reduce -15.2% |
| ANSS Ansys Inc. | 0.47% | 40,818 | $13.1M | Reduce -12.7% |
| CPRT Copart Inc. | 0.46% | 234,255 | $12.7M | New |
| SBUX Starbucks Corp. | 0.38% | 135,768 | $10.6M | Reduce -10.5% |
| EWY iShares MSCI South Korea ETF | 0.07% | 29,904 | $2.0M | Reduce -64.9% |
| ISRG Intuitive Surgical Inc. | 0.03% | 2,073 | $922K | Reduce -33.0% |
| XYL Xylem Inc. | 0.03% | 6,086 | $825K | Reduce -32.1% |
| ECL Ecolab Inc. | 0.02% | 2,898 | $690K | Reduce -30.7% |
| VMI Valmont Industries | 0.02% | 2,418 | $664K | Reduce -31.7% |
| RVTY Revvity Inc. | 0.02% | 6,273 | $658K | Reduce -31.2% |
| TYL Tyler Technologies Inc. | 0.02% | 1,025 | $515K | Reduce -25.6% |
| DE Deere & Co. | 0.02% | 1,347 | $503K | Reduce -31.8% |
| MASI Masimo Corp. | 0.02% | 3,445 | $434K | Reduce -31.7% |
| GRAL Grail Inc. | 0.01% | 16,668 | $256K | Reduce -86.8% |
| VRRM Verra Mobility Corp. | 0.01% | 9,356 | $254K | Reduce -31.6% |
| FLSA Franklin Ftse Saudi Arabia | 0.01% | 6,987 | $241K | No change |
| LRN Stride Inc. | 0.01% | 3,397 | $239K | Reduce -31.7% |
| PLNT Planet Fitness Inc. Class A | 0.01% | 3,135 | $231K | Reduce -31.7% |
| IEMG iShares Core MSCI Emerging | 0.01% | 4,122 | $221K | Add +682.2% |
| ERII Energy Recovery Inc. | 0.00% | 10,101 | $134K | Reduce -31.6% |
| COUR Coursera Inc. | 0.00% | 12,449 | $89K | Reduce -31.6% |
Portfolio Sells Q1 2024 → Q2 2024
| EL Estee Lauder Companies Class A | Reduce -22.3% | 1.72% | −1.03 |
| ILMN Illumina Inc. | Reduce -23.1% | 2.17% | −1.01 |
| NVDA Nvidia Corp. | Reduce -43.9% | 7.44% | −0.88 |
| RMD Resmed Inc. | Reduce -52.0% | 1.01% | −0.85 |
| RACE Ferrari NV | Reduce -17.6% | 6.35% | −0.71 |
| VEEV Veeva Systems Inc. Class A | Reduce -21.0% | 1.71% | −0.64 |
| MA Mastercard Inc. Class A | Reduce -24.3% | 2.63% | −0.62 |
| LIN Linde PLC | Reduce -17.2% | 6.39% | −0.62 |
| CSANY Cosan SA -ADR | Reduce -44.2% | 0.52% | −0.54 |
| NKE Nike Inc. Class B | Reduce -20.3% | 1.33% | −0.45 |
| EPAM Epam Systems Inc. | Reduce -2.8% | 1.13% | −0.33 |
| ADSK Autodesk Inc. | Reduce -21.9% | 2.03% | −0.32 |
| CRH CRH PLC | Reduce -24.3% | 0.99% | −0.31 |
| CDNS Cadence Design SYS Inc. | Reduce -21.0% | 2.74% | −0.27 |
| MSFT Microsoft Corp. | Reduce -23.5% | 4.52% | −0.25 |
| GLOB Globant SA | Reduce -7.7% | 2.89% | −0.15 |
| EWY iShares MSCI South Korea ETF | Reduce -64.9% | 0.07% | −0.10 |
| TLK Telkom Indonesia Persero-ADR | Reduce -9.2% | 0.53% | −0.07 |
| GRAL Grail Inc. | Reduce -86.8% | 0.01% | −0.05 |
| SBUX Starbucks Corp. | Reduce -10.5% | 0.38% | −0.05 |
| MTD Mettler-Toledo International | Reduce -19.2% | 3.48% | −0.04 |
| V Visa Inc. Class A | Reduce -15.2% | 0.50% | −0.04 |
| SE Sea Ltd.-ADR | Sold out | 0.00% | −0.03 |
| ANSS Ansys Inc. | Reduce -12.7% | 0.47% | −0.03 |
| MASI Masimo Corp. | Reduce -31.7% | 0.02% | −0.01 |
| DE Deere & Co. | Reduce -31.8% | 0.02% | −0.01 |
| XYL Xylem Inc. | Reduce -32.1% | 0.03% | −0.01 |
| RVTY Revvity Inc. | Reduce -31.2% | 0.02% | −0.01 |
| ECL Ecolab Inc. | Reduce -30.7% | 0.02% | −0.01 |
| ISRG Intuitive Surgical Inc. | Reduce -33.0% | 0.03% | −0.00 |
| COUR Coursera Inc. | Reduce -31.6% | 0.00% | −0.00 |
| ERII Energy Recovery Inc. | Reduce -31.6% | 0.00% | −0.00 |
| VRRM Verra Mobility Corp. | Reduce -31.6% | 0.01% | −0.00 |
| LRN Stride Inc. | Reduce -31.7% | 0.01% | −0.00 |
| VMI Valmont Industries | Reduce -31.7% | 0.02% | −0.00 |
| PLNT Planet Fitness Inc. Class A | Reduce -31.7% | 0.01% | −0.00 |
| TYL Tyler Technologies Inc. | Reduce -25.6% | 0.02% | +0.00 |
| AMZN Amazon.com Inc. | Reduce -19.0% | 0.93% | +0.01 |
| JD Jd.com Inc.-ADR | Reduce -6.3% | 1.72% | +0.05 |
| BAP Credicorp Ltd. | Reduce -4.4% | 1.82% | +0.10 |
| BABA Alibaba Group Holding-SP ADR | Reduce -4.4% | 4.71% | +0.46 |
| MELI MercadoLibre Inc. | Reduce -3.9% | 2.91% | +0.52 |
| IBN Icici Bank Ltd.-Spon ADR | Reduce -5.1% | 5.38% | +0.92 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -24.5% | 13.18% | +1.46 |
| HDB HDFC Bank Ltd.-ADR | Reduce -3.2% | 7.60% | +1.74 |
Portfolio Buys Q1 2024 → Q2 2024
| TCOM Trip.com Group Ltd.-ADR | New | 1.05% | +1.05 |
| INDA iShares MSCI India ETF | Add +36.1% | 1.92% | +0.80 |
| ZTS Zoetis Inc. | Add +9.1% | 2.72% | +0.63 |
| DXCM Dexcom Inc. | New | 0.58% | +0.58 |
| CPRT Copart Inc. | New | 0.46% | +0.46 |
| IDXX Idexx Laboratories Inc. | Add +14.0% | 1.90% | +0.32 |
| INFY Infosys Ltd.-SP ADR | Add +10.8% | 0.75% | +0.19 |
| KSA Ishrs MSCI Saudi Arabia ETF | Add +0.4% | 1.10% | +0.08 |
| IEMG iShares Core MSCI Emerging | Add +682.2% | 0.01% | +0.01 |