Mediolanum International Funds Ltd
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 23, 2025), Mediolanum International Funds Ltd reported 428 stock positions worth $7.7 billion. Its top holding was Apple (AAPL) at 7.1% of the portfolio, followed by Nvidia (NVDA, 5.9%) and Microsoft (MSFT, 5.3%). Compared with Q3 2024, it opened 75 new positions, sold out of 76, added to 222 and reduced 117. The biggest buy was Amazon.com (AMZN, shares +37%) and the biggest sale an exit from ASML Holding NV-NY Reg SHS (ASML).
- Most Recent 13F
- Q2 2026
- Location
- DUBLIN 1, L2
- CIK
- 0002022028
- Portfolio Value
- $7.7B (Q4 2024)
- SEC Filing
- 0000897069-25-000119 ↗ filed Jan 23, 2025
Holdings Value
Holdings 428 stocks · $7.7B
| AAPL Apple Inc. | 7.07% | 2,166,610 | $545.1M | Reduce -3.1% |
| NVDA Nvidia Corp. | 5.93% | 3,335,410 | $457.5M | Reduce -6.0% |
| MSFT Microsoft Corp. | 5.26% | 957,252 | $405.7M | Reduce -7.0% |
| AMZN Amazon.com Inc. | 2.92% | 1,018,962 | $224.9M | Add +36.8% |
| META Meta Platforms Inc. Class A | 2.69% | 351,428 | $207.3M | Add +11.1% |
| GOOGL Alphabet Inc. Class A | 2.23% | 900,392 | $171.8M | Reduce -14.3% |
| GOOG Alphabet Inc. Class C | 2.17% | 869,059 | $167.0M | Add +17.3% |
| AVGO Broadcom Inc. | 1.93% | 634,112 | $149.0M | Add +36.3% |
| TSLA Tesla Inc. | 1.46% | 269,860 | $112.4M | Add +23.9% |
| V Visa Inc. Class A | 1.35% | 332,075 | $104.4M | Add +96.8% |
| LLY Eli Lilly & Co. | 1.26% | 125,769 | $97.1M | Add +8.5% |
| MRK Merck & Co. Inc. | 1.22% | 954,936 | $93.7M | Add +23.2% |
| JPM JPMorgan Chase & Co. | 1.18% | 380,869 | $90.9M | Add +65.4% |
| ACN Accenture PLC Class A | 1.18% | 258,581 | $90.9M | Reduce -4.5% |
| UNH Unitedhealth Group Inc. | 1.16% | 176,620 | $89.5M | Reduce -14.8% |
| CRM Salesforce Inc. | 1.06% | 244,728 | $82.0M | Reduce -7.2% |
| MA Mastercard Inc. Class A | 1.05% | 154,994 | $81.3M | Add +11.9% |
| JNJ Johnson & Johnson | 0.96% | 517,982 | $74.1M | Add +57.8% |
| XOM Exxon Mobil Corp. | 0.92% | 675,566 | $71.3M | Add +4.4% |
| INTU Intuit Inc. | 0.89% | 108,849 | $68.4M | Add +79.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.83% | 531,224 | $64.2M | Add +190.2% |
| NFLX Netflix Inc. | 0.81% | 69,608 | $62.5M | Add +69.4% |
| HD Home Depot Inc. | 0.74% | 147,514 | $57.3M | Add +49.6% |
| WFC Wells Fargo & Co. | 0.74% | 812,001 | $57.0M | Add +120.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.70% | 1,239,536 | $54.3M | Add +46.2% |
| CSCO Cisco Systems Inc. | 0.70% | 916,477 | $54.1M | Add +41.7% |
| PG The Procter & Gamble Co. | 0.70% | 321,920 | $53.7M | Add +36.4% |
| MMM 3M Co. | 0.69% | 410,152 | $52.8M | Add +88.5% |
| AMAT Applied Materials Inc. | 0.68% | 323,263 | $52.8M | Reduce -21.2% |
| BLK BlackRock Finance Inc. | 0.68% | 50,845 | $52.1M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.62% | 105,207 | $47.5M | Add +117.6% |
| BSX Boston Scientific Corp. | 0.61% | 525,076 | $47.0M | Add +14.9% |
| FISV Fiserv Inc. | 0.59% | 221,311 | $45.5M | Add +9.4% |
| AXP American Express Co. | 0.57% | 149,291 | $44.3M | Add +4.3% |
| COP Conocophillips | 0.57% | 455,224 | $44.1M | Add +18.9% |
| KO The Coca-Cola Co. | 0.56% | 702,584 | $43.5M | Add +123.8% |
| GE General Electric filed as GE AEROSPACE | 0.55% | 251,420 | $42.2M | Add +201.3% |
| WM Waste Management Inc. | 0.53% | 201,548 | $40.7M | Add +47.2% |
| TEL Te Connectivity PLC | 0.52% | 282,343 | $40.2M | New |
| QCOM Qualcomm Inc. | 0.52% | 259,283 | $40.0M | Add +34.4% |
| TMO Thermo Fisher Scientific Inc. | 0.50% | 75,076 | $38.9M | Add +13.4% |
| NEE Nextera Energy Inc. | 0.50% | 536,839 | $38.4M | Add +233.9% |
| ORCL Oracle Corp. | 0.50% | 229,948 | $38.3M | Add +104.3% |
| ABBV Abbvie Inc. | 0.49% | 212,854 | $37.4M | Add +12.7% |
| ADP Automatic Data Processing | 0.48% | 127,255 | $37.2M | Reduce -13.7% |
| MCK McKesson Corp. | 0.48% | 64,526 | $36.7M | Add +58.8% |
| ABT Abbott Laboratories | 0.46% | 314,605 | $35.4M | Add +75.0% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.44% | 32,338 | $34.1M | Reduce -10.1% |
| ADBE Adobe Inc. | 0.44% | 76,314 | $33.9M | Reduce -40.7% |
| NOW ServiceNow Inc. | 0.43% | 31,071 | $33.1M | Add +32.0% |
| ZTS Zoetis Inc. | 0.42% | 199,586 | $32.3M | Add +0.1% |
| CPAY Corpay Inc. | 0.42% | 95,839 | $32.3M | Reduce -0.3% |
| LULU Lululemon Athletica Inc. | 0.41% | 82,955 | $31.8M | Add +2.5% |
| MNST Monster Beverage Corp. | 0.41% | 599,180 | $31.4M | Add +85.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.40% | 280,663 | $31.0M | Reduce -3.8% |
| CAT Caterpillar Inc. | 0.40% | 85,660 | $31.0M | Add +6.0% |
| KMB Kimberly-Clark Corp. | 0.40% | 237,487 | $30.9M | Add +56.8% |
| KLAC KLA Corp. | 0.39% | 48,102 | $30.4M | Add +19.2% |
| PGR Progressive Corp. | 0.39% | 126,907 | $30.3M | Add +24.3% |
| CVX Chevron Corp. | 0.39% | 212,459 | $30.3M | Add +15.6% |
| TMUS T-Mobile US Inc. | 0.39% | 135,674 | $29.9M | Add +55.3% |
| NSC Norfolk Southern Corp. | 0.37% | 123,109 | $28.7M | Add +165.3% |
| CRH CRH PLC | 0.37% | 309,488 | $28.5M | Reduce -30.9% |
| SHW The Sherwin-Williams Co. | 0.37% | 83,982 | $28.4M | Add +149.8% |
| GS Goldman Sachs Group Inc. | 0.36% | 48,219 | $27.6M | Add +40.8% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.36% | 729,335 | $27.5M | Add +301.7% |
| COST Costco Wholesale Corp. | 0.35% | 29,761 | $27.4M | Reduce -9.0% |
| LIN Linde PLC | 0.35% | 64,830 | $27.0M | Add +6.3% |
| ANET Arista Networks Inc. | 0.35% | 239,507 | $26.6M | Add +103.3% |
| PLTR Palantir Technologies Inc. Class A | 0.33% | 330,706 | $25.5M | Add +65.9% |
| WMT Walmart Inc. | 0.33% | 279,358 | $25.2M | Reduce -7.1% |
| FTNT Fortinet Inc. | 0.31% | 253,257 | $24.0M | Add +10.2% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.31% | 68,838 | $24.0M | Add +22.6% |
| ETN Eaton Corp. PLC | 0.31% | 71,901 | $23.8M | Add +136.5% |
| NKE Nike Inc. Class B | 0.31% | 318,813 | $23.7M | Reduce -44.2% |
| KKR KKR & Co. Inc. | 0.31% | 160,367 | $23.7M | New |
| ITW Illinois Tool Works | 0.29% | 88,805 | $22.6M | Add +15.6% |
| T AT&T Inc. | 0.29% | 974,856 | $22.0M | Add +1706.1% |
| TTWO Take-Two Interactive Softwre | 0.28% | 116,991 | $21.5M | Add +187.4% |
| APO Apollo Global Management Inc. | 0.28% | 128,461 | $21.3M | Add +6.8% |
| BKNG Booking Holdings Inc. | 0.27% | 4,244 | $21.1M | Add +58.1% |
| DTE DTE Energy Company | 0.27% | 173,252 | $20.8M | Add +53.5% |
| CQP Cheniere Energy Partners LP | 0.27% | 96,491 | $20.5M | Add +59.4% |
| SPOT Spotify Technology SA | 0.27% | 45,452 | $20.5M | New |
| DG Dollar General Corp. | 0.25% | 259,271 | $19.6M | Add +698.0% |
| MDT Medtronic PLC | 0.25% | 242,119 | $19.2M | Reduce -17.2% |
| PEP Pepsico Inc. | 0.25% | 126,816 | $19.2M | Add +0.6% |
| AMP Ameriprise Financial Inc. | 0.25% | 36,163 | $19.1M | Add +15.3% |
| UBER Uber Technologies Inc. | 0.25% | 314,433 | $19.1M | Reduce -8.4% |
| VRSN Verisign Inc. | 0.25% | 92,856 | $19.0M | Add +36.7% |
| KEY Keycorp | 0.25% | 1,112,134 | $19.0M | New |
| SYY Sysco Corp. | 0.24% | 247,927 | $18.9M | Add +24.7% |
| AME Ametek Inc. | 0.24% | 104,644 | $18.9M | Reduce -11.7% |
| CL Colgate-Palmolive Co. | 0.23% | 199,853 | $18.1M | Reduce -50.2% |
| CB Chubb Ltd. | 0.23% | 65,757 | $18.1M | Add +31.4% |
| COR Cencora Inc. | 0.23% | 79,766 | $17.9M | Add +16.7% |
| DE Deere & Co. | 0.23% | 41,455 | $17.6M | Reduce -19.9% |
| MO Altria Group Inc. | 0.23% | 337,133 | $17.5M | Add +18.3% |
| MPWR Monolithic Power Systems Inc. | 0.23% | 29,005 | $17.5M | Add +77.6% |
| DD Dupont DE Nemours Inc. | 0.23% | 229,975 | $17.4M | Add +45.4% |
Portfolio Sells Q3 2024 → Q4 2024
| ASML ASML Holding NV-NY Reg SHS | Sold out | 0.00% | −1.75 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −1.37 |
| MSFT Microsoft Corp. | Reduce -7.0% | 5.26% | −0.86 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -67.7% | 0.10% | −0.59 |
| UNH Unitedhealth Group Inc. | Reduce -14.8% | 1.16% | −0.52 |
| AMAT Applied Materials Inc. | Reduce -21.2% | 0.68% | −0.48 |
| ADBE Adobe Inc. | Reduce -40.7% | 0.44% | −0.48 |
| RIO Rio Tinto PLC-Spon ADR | Sold out | 0.00% | −0.47 |
| IQV Iqvia Holdings Inc. | Reduce -65.0% | 0.17% | −0.45 |
| SNY Sanofi-ADR | Sold out | 0.00% | −0.42 |
| NKE Nike Inc. Class B | Reduce -44.2% | 0.31% | −0.40 |
| ADI Analog Devices Inc. | Reduce -92.0% | 0.03% | −0.40 |
| HSBC HSBC Holdings PLC-Spons ADR | Sold out | 0.00% | −0.39 |
| CL Colgate-Palmolive Co. | Reduce -50.2% | 0.23% | −0.34 |
| NVS Novartis AG-Sponsored ADR | Sold out | 0.00% | −0.34 |
| AMD Advanced Micro Devices | Reduce -61.0% | 0.12% | −0.33 |
| BDX Becton Dickinson and Co. | Reduce -66.0% | 0.13% | −0.32 |
| SONY Sony Group Corp. - SP ADR | Sold out | 0.00% | −0.32 |
| LOW Lowe's Cos Inc. | Reduce -75.8% | 0.08% | −0.30 |
| AVTR Avantor Inc. | Sold out | 0.00% | −0.26 |
| BP BP PLC-Spons ADR | Sold out | 0.00% | −0.26 |
| SHEL Shell PLC-ADR | Sold out | 0.00% | −0.26 |
| SAP Sap SE-Sponsored ADR | Sold out | 0.00% | −0.24 |
| AON Aon PLC Class A | Reduce -53.5% | 0.19% | −0.24 |
| ICE Intercontinental Exchange Inc. | Reduce -48.5% | 0.19% | −0.23 |
| BHP BHP Group Ltd.-Spon ADR | Sold out | 0.00% | −0.23 |
| EFX Equifax Inc. | Sold out | 0.00% | −0.22 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.22 |
| CRH CRH PLC | Reduce -30.9% | 0.37% | −0.21 |
| RELX Relx PLC - Spon ADR | Sold out | 0.00% | −0.18 |
| VZ Verizon Communications Inc. | Reduce -75.3% | 0.04% | −0.18 |
| CSGP Costar Group Inc. | Sold out | 0.00% | −0.17 |
| GOOGL Alphabet Inc. Class A | Reduce -14.3% | 2.23% | −0.17 |
| TTE Totalenergies SE -Spon ADR | Sold out | 0.00% | −0.16 |
| SCHW Schwab (charles) Corp. | Reduce -69.2% | 0.08% | −0.15 |
| BLDR Builders Firstsource Inc. | Reduce -29.1% | 0.14% | −0.15 |
| MU Micron Technology Inc. | Reduce -55.7% | 0.07% | −0.15 |
| PUK Prudential PLC-ADR | Sold out | 0.00% | −0.14 |
| ACN Accenture PLC Class A | Reduce -4.5% | 1.18% | −0.14 |
| FCX Freeport-McMoran Inc. | Reduce -54.1% | 0.06% | −0.13 |
| OWL Blue Owl Capital Inc. | Sold out | 0.00% | −0.13 |
| PAYX Paychex Inc. | Reduce -79.0% | 0.03% | −0.13 |
| CBRE CBRE Group Inc. Class A | Sold out | 0.00% | −0.12 |
| BBY Best Buy Co. Inc. | Sold out | 0.00% | −0.12 |
| ARGX Argenx SE - ADR | Sold out | 0.00% | −0.12 |
| TS Tenaris SA-ADR | Sold out | 0.00% | −0.12 |
| MCD McDonald's Corp. | Reduce -34.4% | 0.16% | −0.12 |
| VOD Vodafone Group PLC-SP ADR | Sold out | 0.00% | −0.12 |
| UBER Uber Technologies Inc. | Reduce -8.4% | 0.25% | −0.11 |
| MDT Medtronic PLC | Reduce -17.2% | 0.25% | −0.11 |
Portfolio Buys Q3 2024 → Q4 2024
| AMZN Amazon.com Inc. | Add +36.8% | 2.92% | +0.97 |
| AVGO Broadcom Inc. | Add +36.3% | 1.93% | +0.82 |
| V Visa Inc. Class A | Add +96.8% | 1.35% | +0.71 |
| BLK BlackRock Finance Inc. | New | 0.68% | +0.68 |
| TSLA Tesla Inc. | Add +23.9% | 1.46% | +0.67 |
| TJX TJX Companies Inc. | Add +190.2% | 0.83% | +0.53 |
| TEL Te Connectivity PLC | New | 0.52% | +0.52 |
| JPM JPMorgan Chase & Co. | Add +65.4% | 1.18% | +0.51 |
| GOOG Alphabet Inc. Class C | Add +17.3% | 2.17% | +0.46 |
| WFC Wells Fargo & Co. | Add +120.0% | 0.74% | +0.45 |
| NFLX Netflix Inc. | Add +69.4% | 0.81% | +0.41 |
| INTU Intuit Inc. | Add +79.2% | 0.89% | +0.36 |
| GE General Electric | Add +201.3% | 0.55% | +0.33 |
| NEE Nextera Energy Inc. | Add +233.9% | 0.50% | +0.31 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +117.6% | 0.62% | +0.31 |
| KKR KKR & Co. Inc. | New | 0.31% | +0.31 |
| MMM 3M Co. | Add +88.5% | 0.69% | +0.27 |
| T AT&T Inc. | Add +1706.1% | 0.29% | +0.27 |
| SPOT Spotify Technology SA | New | 0.27% | +0.27 |
| KO The Coca-Cola Co. | Add +123.8% | 0.56% | +0.25 |
| SLB SLB Ltd. | Add +301.7% | 0.36% | +0.25 |
| KEY Keycorp | New | 0.25% | +0.25 |
| BAC Bank of America Corp. | Add +46.2% | 0.70% | +0.24 |
| ORCL Oracle Corp. | Add +104.3% | 0.50% | +0.23 |
| PLTR Palantir Technologies Inc. Class A | Add +65.9% | 0.33% | +0.23 |
| CSCO Cisco Systems Inc. | Add +41.7% | 0.70% | +0.23 |
| DKNG Draftkings Inc. Class A | New | 0.22% | +0.22 |
| JNJ Johnson & Johnson | Add +57.8% | 0.96% | +0.22 |
| KD Kyndryl Holdings Inc. | New | 0.22% | +0.22 |
| DG Dollar General Corp. | Add +698.0% | 0.25% | +0.21 |
| NSC Norfolk Southern Corp. | Add +165.3% | 0.37% | +0.21 |
| MCO Moody's Corp. | New | 0.20% | +0.20 |
| MCK McKesson Corp. | Add +58.8% | 0.48% | +0.20 |
| HD Home Depot Inc. | Add +49.6% | 0.74% | +0.20 |
| META Meta Platforms Inc. Class A | Add +11.1% | 2.69% | +0.19 |
| TTWO Take-Two Interactive Softwre | Add +187.4% | 0.28% | +0.19 |
| ANET Arista Networks Inc. | Add +103.3% | 0.35% | +0.19 |
| SHW The Sherwin-Williams Co. | Add +149.8% | 0.37% | +0.19 |
| LRCX Lam Research Corp. | New | 0.18% | +0.18 |
| ABT Abbott Laboratories | Add +75.0% | 0.46% | +0.18 |
| MSI Motorola Solutions Inc. | Add +359.7% | 0.22% | +0.17 |
| MNST Monster Beverage Corp. | Add +85.8% | 0.41% | +0.17 |
| ETN Eaton Corp. PLC | Add +136.5% | 0.31% | +0.17 |
| NOW ServiceNow Inc. | Add +32.0% | 0.43% | +0.14 |
| TMUS T-Mobile US Inc. | Add +55.3% | 0.39% | +0.14 |
| WM Waste Management Inc. | Add +47.2% | 0.53% | +0.14 |
| LII Lennox International Inc. | Add +469.6% | 0.17% | +0.14 |
| C Citigroup Inc. | New | 0.13% | +0.13 |
| EMR Emerson Electric Co. | New | 0.13% | +0.13 |
| PG The Procter & Gamble Co. | Add +36.4% | 0.70% | +0.13 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 452 | $11.7B | NVDA, AAPL, MSFT, AVGO, GOOGL |
| Q1 2026 | 431 | $9.4B | NVDA, AAPL, MSFT, AVGO, GOOGL |
| Q4 2025 | 408 | $10.0B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 410 | $9.5B | NVDA, AAPL, MSFT, META, AVGO |
| Q2 2025 | 398 | $8.4B | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2025 | 427 | $7.2B | AAPL, NVDA, MSFT, AMZN, META |
| Q4 2024 | 428 | $7.7B | AAPL, NVDA, MSFT, AMZN, META |
| Q3 2024 | 429 | $7.2B | AAPL, MSFT, NVDA, META, GOOGL |
| Q2 2024 | 393 | $6.1B | AAPL, MSFT, NVDA, GOOGL, META |
| Q1 2024 | 377 | $6.2B | MSFT, AAPL, NVDA, GOOGL, GOOG |