Mediolanum International Funds Ltd
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 4, 2025), Mediolanum International Funds Ltd reported 410 stock positions worth $9.5 billion. Its top holding was Nvidia (NVDA) at 7.2% of the portfolio, followed by Apple (AAPL, 6.8%) and Microsoft (MSFT, 5.5%). Compared with Q2 2025, it opened 34 new positions, sold out of 22, added to 238 and reduced 134. The biggest buy was Apple (AAPL, shares +12%) and the biggest sale Intuit (INTU, shares −29%).
- Most Recent 13F
- Q2 2026
- Location
- DUBLIN 1, L2
- CIK
- 0002022028
- Portfolio Value
- $9.5B (Q3 2025)
- SEC Filing
- 0000897069-25-001618 ↗ filed Nov 4, 2025
Holdings Value
Holdings 410 stocks · $9.5B
| NVDA Nvidia Corp. | 7.18% | 3,754,703 | $682.8M | Reduce -0.4% |
| AAPL Apple Inc. | 6.82% | 2,549,408 | $648.6M | Add +12.4% |
| MSFT Microsoft Corp. | 5.46% | 1,008,597 | $519.0M | Add +1.6% |
| META Meta Platforms Inc. Class A | 2.91% | 372,233 | $276.7M | Add +11.5% |
| AVGO Broadcom Inc. | 2.88% | 836,859 | $274.4M | Add +8.3% |
| AMZN Amazon.com Inc. | 2.73% | 1,170,358 | $260.0M | Add +2.8% |
| GOOGL Alphabet Inc. Class A | 2.38% | 929,411 | $226.8M | Add +3.1% |
| GOOG Alphabet Inc. Class C | 2.10% | 817,665 | $199.8M | Add +6.3% |
| JPM JPMorgan Chase & Co. | 1.33% | 401,100 | $126.6M | Add +2.3% |
| TSLA Tesla Inc. | 1.27% | 272,897 | $121.0M | Add +6.0% |
| V Visa Inc. Class A | 1.23% | 345,008 | $117.4M | Reduce -5.5% |
| LLY Eli Lilly & Co. | 1.11% | 145,679 | $105.8M | Add +4.6% |
| MA Mastercard Inc. Class A | 0.91% | 152,134 | $86.4M | Add +0.7% |
| UBER Uber Technologies Inc. | 0.88% | 840,433 | $83.7M | Add +27.9% |
| WFC Wells Fargo & Co. | 0.87% | 978,042 | $82.8M | Add +2.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.85% | 562,131 | $80.7M | Add +5.0% |
| XOM Exxon Mobil Corp. | 0.84% | 700,894 | $80.1M | Add +0.4% |
| GE General Electric filed as GE AEROSPACE | 0.83% | 268,916 | $79.0M | Reduce -5.8% |
| NFLX Netflix Inc. | 0.82% | 65,021 | $78.4M | Reduce -7.0% |
| HD Home Depot Inc. | 0.82% | 191,919 | $78.1M | Add +25.0% |
| WMT Walmart Inc. | 0.80% | 741,486 | $76.4M | Add +68.6% |
| MRK Merck & Co. Inc. | 0.74% | 897,288 | $70.5M | Add +37.9% |
| ORCL Oracle Corp. | 0.71% | 237,804 | $67.2M | Reduce -14.7% |
| INTU Intuit Inc. | 0.70% | 95,508 | $66.3M | Reduce -29.1% |
| MCK McKesson Corp. | 0.68% | 85,115 | $64.8M | Reduce -0.7% |
| PLTR Palantir Technologies Inc. Class A | 0.65% | 343,234 | $61.4M | Add +7.6% |
| CAT Caterpillar Inc. | 0.60% | 121,854 | $57.5M | Add +35.0% |
| COF Capital One Financial Corp. | 0.60% | 255,083 | $57.0M | Add +108.5% |
| TMO Thermo Fisher Scientific Inc. | 0.60% | 123,256 | $56.9M | Add +112.9% |
| ANET Arista Networks Inc. | 0.59% | 388,938 | $55.8M | Reduce -12.5% |
| MMM 3M Co. | 0.58% | 361,065 | $55.6M | Add +8.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.57% | 109,498 | $54.7M | Reduce -3.6% |
| APP AppLovin Corp. Class A | 0.57% | 76,736 | $54.7M | Add +73.5% |
| JNJ Johnson & Johnson | 0.54% | 285,280 | $51.8M | Reduce -33.1% |
| ABT Abbott Laboratories | 0.54% | 383,485 | $51.0M | Add +78.8% |
| COST Costco Wholesale Corp. | 0.52% | 54,217 | $49.7M | Add +29.3% |
| QCOM Qualcomm Inc. | 0.52% | 300,501 | $49.7M | Add +12.9% |
| NOW ServiceNow Inc. | 0.51% | 51,892 | $48.8M | Add +82.3% |
| MNST Monster Beverage Corp. | 0.50% | 713,243 | $47.8M | Add +8.1% |
| MSI Motorola Solutions Inc. | 0.47% | 98,616 | $44.8M | Add +66.1% |
| TTWO Take-Two Interactive Softwre | 0.47% | 171,391 | $44.6M | Add +18.2% |
| ETN Eaton Corp. PLC | 0.47% | 121,162 | $44.5M | Add +14.2% |
| KLAC KLA Corp. | 0.45% | 40,056 | $42.6M | Reduce -32.6% |
| CRH CRH PLC | 0.45% | 370,552 | $42.5M | Reduce -3.3% |
| CSCO Cisco Systems Inc. | 0.44% | 618,542 | $41.9M | Reduce -11.6% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.44% | 1,192,756 | $41.9M | Add +4.1% |
| MELI MercadoLibre Inc. | 0.43% | 16,270 | $40.7M | Add +29.2% |
| ACN Accenture PLC Class A | 0.42% | 162,134 | $40.0M | Reduce -9.1% |
| PGR Progressive Corp. | 0.41% | 161,477 | $39.5M | Add +10.9% |
| C Citigroup Inc. | 0.41% | 381,385 | $39.3M | Reduce -4.7% |
| ADBE Adobe Inc. | 0.40% | 107,078 | $38.5M | Add +22.3% |
| DASH DoorDash Inc. Class A | 0.40% | 140,508 | $38.3M | Add +53.6% |
| TMUS T-Mobile US Inc. | 0.40% | 159,591 | $38.0M | Add +102.3% |
| AEM Agnico Eagle Mines Ltd. | 0.38% | 219,357 | $36.6M | Add +15.5% |
| UNH Unitedhealth Group Inc. | 0.38% | 105,962 | $36.6M | Reduce -42.8% |
| AXP American Express Co. | 0.38% | 105,179 | $36.0M | Reduce -13.8% |
| ZTS Zoetis Inc. | 0.37% | 248,435 | $35.5M | Add +17.6% |
| PEP Pepsico Inc. | 0.37% | 252,916 | $35.5M | Add +19.3% |
| SHW The Sherwin-Williams Co. | 0.37% | 102,824 | $35.3M | Reduce -7.6% |
| MU Micron Technology Inc. | 0.37% | 215,100 | $35.3M | Add +230.5% |
| LRCX Lam Research Corp. | 0.36% | 262,544 | $34.4M | Add +52.0% |
| DTE DTE Energy Company | 0.36% | 242,811 | $34.2M | Add +49.0% |
| PM Philip Morris International | 0.35% | 201,891 | $32.9M | Add +530.7% |
| BSX Boston Scientific Corp. | 0.34% | 336,994 | $32.7M | Reduce -35.9% |
| ADP Automatic Data Processing | 0.34% | 109,420 | $32.0M | Reduce -9.3% |
| SCHW Schwab (charles) Corp. | 0.33% | 323,079 | $31.3M | Add +18.1% |
| ICE Intercontinental Exchange Inc. | 0.32% | 180,493 | $30.3M | Reduce -0.5% |
| ADI Analog Devices Inc. | 0.32% | 123,574 | $30.2M | Add +47.0% |
| WELL Welltower Inc. | 0.31% | 169,297 | $29.8M | Add +149.2% |
| DDOG Datadog Inc. Class A | 0.31% | 203,867 | $29.6M | Reduce -29.0% |
| STLD Steel Dynamics Inc. | 0.30% | 206,140 | $28.6M | Add +157.2% |
| CMCSA Comcast Corp. Class A | 0.30% | 906,516 | $28.5M | Add +79.6% |
| COP Conocophillips | 0.30% | 296,013 | $28.4M | Reduce -10.9% |
| KO The Coca-Cola Co. | 0.30% | 426,797 | $28.2M | Add +11.9% |
| HUM Humana Inc. | 0.29% | 108,163 | $27.6M | New |
| FSLR First Solar Inc. | 0.29% | 122,820 | $27.5M | Add +71.5% |
| ITW Illinois Tool Works | 0.28% | 103,161 | $27.0M | Add +10.4% |
| MO Altria Group Inc. | 0.28% | 408,690 | $26.8M | Add +5.5% |
| MCD McDonald's Corp. | 0.28% | 87,013 | $26.4M | Add +174.9% |
| BKNG Booking Holdings Inc. | 0.28% | 4,821 | $26.3M | Add +26.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.27% | 495,909 | $26.0M | Reduce -5.0% |
| HWM Howmet Aerospace Inc. | 0.27% | 134,748 | $25.9M | Add +9.6% |
| DHI D.R. Horton Inc. | 0.27% | 151,153 | $25.7M | Add +96.6% |
| MCO Moody's Corp. | 0.27% | 52,616 | $25.3M | Add +14.5% |
| CL Colgate-Palmolive Co. | 0.26% | 306,018 | $24.6M | Add +42.4% |
| IDXX Idexx Laboratories Inc. | 0.26% | 38,761 | $24.4M | Add +14.5% |
| VRT Vertiv Holdings Co. Class A | 0.26% | 170,394 | $24.4M | Add +22.1% |
| WMS Advanced Drainage Systems Inc. | 0.26% | 176,190 | $24.3M | New |
| SPOT Spotify Technology SA | 0.26% | 33,328 | $24.3M | Reduce -20.6% |
| WM Waste Management Inc. | 0.25% | 110,500 | $24.2M | Add +0.8% |
| FTNT Fortinet Inc. | 0.25% | 283,549 | $24.0M | Add +34.2% |
| GEHC GE Healthcare Technology | 0.25% | 328,156 | $24.0M | Add +32.0% |
| MPWR Monolithic Power Systems Inc. | 0.25% | 26,961 | $23.9M | Add +0.0% |
| AMP Ameriprise Financial Inc. | 0.25% | 47,758 | $23.9M | Add +23.0% |
| SYY Sysco Corp. | 0.25% | 288,643 | $23.6M | Add +13.4% |
| GS Goldman Sachs Group Inc. | 0.25% | 29,201 | $23.5M | Add +15.2% |
| MDT Medtronic PLC | 0.24% | 245,357 | $23.1M | Add +32.5% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.24% | 24,282 | $23.0M | Add +25.0% |
| BMY Bristol-Myers Squibb Co. | 0.24% | 508,991 | $22.5M | Add +63.6% |
| T AT&T Inc. | 0.23% | 794,242 | $22.3M | Reduce -28.0% |
Portfolio Sells Q2 2025 → Q3 2025
| INTU Intuit Inc. | Reduce -29.1% | 0.70% | −0.56 |
| AMD Advanced Micro Devices | Reduce -72.8% | 0.15% | −0.42 |
| FLUT Flutter Entertainment PLC-Di | Reduce -90.3% | 0.03% | −0.35 |
| TEL Te Connectivity PLC | Sold out | 0.00% | −0.34 |
| SNPS Synopsys Inc. | Reduce -84.9% | 0.05% | −0.34 |
| BSX Boston Scientific Corp. | Reduce -35.9% | 0.34% | −0.33 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.32 |
| FISV Fiserv Inc. | Reduce -95.4% | 0.01% | −0.32 |
| CMG Chipotle Mexican Grill Inc. | Reduce -56.4% | 0.12% | −0.32 |
| UNH Unitedhealth Group Inc. | Reduce -42.8% | 0.38% | −0.30 |
| V Visa Inc. Class A | Reduce -5.5% | 1.23% | −0.29 |
| NFLX Netflix Inc. | Reduce -7.0% | 0.82% | −0.28 |
| BJ Bj's Wholesale Club Holdings | Sold out | 0.00% | −0.28 |
| ONON On Holding AG Class A | Sold out | 0.00% | −0.27 |
| SPGI S&P Global Inc. | Reduce -64.6% | 0.11% | −0.26 |
| BRBR Bellring Brands Inc. | Sold out | 0.00% | −0.26 |
| CRM Salesforce Inc. | Reduce -41.5% | 0.22% | −0.26 |
| TPR Tapestry Inc. | Reduce -98.4% | 0.00% | −0.26 |
| ISRG Intuitive Surgical Inc. | Reduce -48.6% | 0.14% | −0.24 |
| JNJ Johnson & Johnson | Reduce -33.1% | 0.54% | −0.23 |
| DG Dollar General Corp. | Sold out | 0.00% | −0.23 |
| ACN Accenture PLC Class A | Reduce -9.1% | 0.42% | −0.21 |
| NEE Nextera Energy Inc. | Reduce -65.4% | 0.10% | −0.20 |
| KLAC KLA Corp. | Reduce -32.6% | 0.45% | −0.18 |
| DLR Digital Realty Trust Inc. | Sold out | 0.00% | −0.18 |
| TOST Toast Inc. Class A | Reduce -60.5% | 0.07% | −0.18 |
| SYK Stryker Corp. | Reduce -80.3% | 0.03% | −0.16 |
| FCX Freeport-McMoran Inc. | Reduce -67.7% | 0.05% | −0.15 |
| CCEP Coca-Cola Europacific Partne | Sold out | 0.00% | −0.15 |
| ABBV Abbvie Inc. | Reduce -50.5% | 0.16% | −0.14 |
| DDOG Datadog Inc. Class A | Reduce -29.0% | 0.31% | −0.14 |
| TGT Target Corp. | Reduce -79.3% | 0.03% | −0.14 |
| T AT&T Inc. | Reduce -28.0% | 0.23% | −0.14 |
| CSCO Cisco Systems Inc. | Reduce -11.6% | 0.44% | −0.13 |
| SPOT Spotify Technology SA | Reduce -20.6% | 0.26% | −0.13 |
| BLDR Builders Firstsource Inc. | Reduce -70.8% | 0.05% | −0.13 |
| CVS CVS Health Corp. | Reduce -82.7% | 0.03% | −0.13 |
| APH Amphenol Corp. Class A | Reduce -54.0% | 0.13% | −0.13 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.12 |
| HSY The Hershey Co. | Reduce -78.9% | 0.03% | −0.12 |
| PODD Insulet Corp. | Reduce -60.1% | 0.06% | −0.12 |
| DELL Dell Technologies -C | Reduce -31.9% | 0.20% | −0.11 |
| AMAT Applied Materials Inc. | Reduce -40.0% | 0.16% | −0.11 |
| EA Electronic Arts Inc. | Reduce -66.5% | 0.07% | −0.11 |
| ACGL Arch Capital Group Ltd. | Reduce -33.0% | 0.15% | −0.10 |
| AXON Axon Enterprise Inc. | Reduce -75.5% | 0.02% | −0.10 |
| ADP Automatic Data Processing | Reduce -9.3% | 0.34% | −0.10 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -16.8% | 0.23% | −0.09 |
| BDX Becton Dickinson and Co. | Reduce -94.4% | 0.01% | −0.09 |
| SHW The Sherwin-Williams Co. | Reduce -7.6% | 0.37% | −0.09 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +12.4% | 6.82% | +1.36 |
| GOOG Alphabet Inc. Class C | Add +6.3% | 2.10% | +0.46 |
| GOOGL Alphabet Inc. Class A | Add +3.1% | 2.38% | +0.46 |
| APP AppLovin Corp. Class A | Add +73.5% | 0.57% | +0.40 |
| AVGO Broadcom Inc. | Add +8.3% | 2.88% | +0.39 |
| TMO Thermo Fisher Scientific Inc. | Add +112.9% | 0.60% | +0.32 |
| WMT Walmart Inc. | Add +68.6% | 0.80% | +0.29 |
| COF Capital One Financial Corp. | Add +108.5% | 0.60% | +0.29 |
| HUM Humana Inc. | New | 0.29% | +0.29 |
| PM Philip Morris International | Add +530.7% | 0.35% | +0.28 |
| TSLA Tesla Inc. | Add +6.0% | 1.27% | +0.27 |
| MU Micron Technology Inc. | Add +230.5% | 0.37% | +0.27 |
| WMS Advanced Drainage Systems Inc. | New | 0.26% | +0.26 |
| WEC WEC Energy Group Inc. | Add +1184.8% | 0.23% | +0.21 |
| PSX Phillips 66 | Add +879.3% | 0.23% | +0.20 |
| ABT Abbott Laboratories | Add +78.8% | 0.54% | +0.19 |
| WELL Welltower Inc. | Add +149.2% | 0.31% | +0.19 |
| CAT Caterpillar Inc. | Add +35.0% | 0.60% | +0.19 |
| TMUS T-Mobile US Inc. | Add +102.3% | 0.40% | +0.18 |
| NKE Nike Inc. Class B | Add +434.4% | 0.22% | +0.18 |
| STLD Steel Dynamics Inc. | Add +157.2% | 0.30% | +0.17 |
| MSI Motorola Solutions Inc. | Add +66.1% | 0.47% | +0.17 |
| MAS Masco Corp. | New | 0.17% | +0.17 |
| MCD McDonald's Corp. | Add +174.9% | 0.28% | +0.17 |
| NOW ServiceNow Inc. | Add +82.3% | 0.51% | +0.16 |
| LRCX Lam Research Corp. | Add +52.0% | 0.36% | +0.16 |
| UBER Uber Technologies Inc. | Add +27.9% | 0.88% | +0.16 |
| FSLR First Solar Inc. | Add +71.5% | 0.29% | +0.16 |
| BABA Alibaba Group Holding-SP ADR | New | 0.16% | +0.16 |
| DHI D.R. Horton Inc. | Add +96.6% | 0.27% | +0.15 |
| GM General Motors Co. | Add +368.7% | 0.19% | +0.15 |
| PLTR Palantir Technologies Inc. Class A | Add +7.6% | 0.65% | +0.15 |
| HD Home Depot Inc. | Add +25.0% | 0.82% | +0.14 |
| LOW Lowe's Cos Inc. | Add +559.4% | 0.16% | +0.14 |
| DASH DoorDash Inc. Class A | Add +53.6% | 0.40% | +0.14 |
| CEG Constellation Energy | Add +2342.7% | 0.14% | +0.14 |
| ENTG Entegris Inc. | New | 0.13% | +0.13 |
| SITE Siteone Landscape Supply Inc. | New | 0.13% | +0.13 |
| MRK Merck & Co. Inc. | Add +37.9% | 0.74% | +0.13 |
| NSC Norfolk Southern Corp. | New | 0.12% | +0.12 |
| AMGN Amgen Inc. | Add +309.2% | 0.17% | +0.12 |
| AEM Agnico Eagle Mines Ltd. | Add +15.5% | 0.38% | +0.12 |
| ALNY Alnylam Pharmaceuticals Inc. | New | 0.12% | +0.12 |
| BX Blackstone Inc. | Add +234.2% | 0.15% | +0.11 |
| ARGX Argenx SE - ADR | New | 0.11% | +0.11 |
| ALB Albemarle Corp. | New | 0.10% | +0.10 |
| DTE DTE Energy Company | Add +49.0% | 0.36% | +0.10 |
| GGG Graco Inc. | Add +607.7% | 0.12% | +0.10 |
| LEN Lennar Corp. Class A | New | 0.10% | +0.10 |
| COR Cencora Inc. | Add +133.1% | 0.18% | +0.10 |
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 |