Mirabaud Asset Management Ltd
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Mirabaud Asset Management Ltd reported 43 stock positions worth $215.0 million. Its top holding was Microsoft (MSFT) at 8.3% of the portfolio, followed by Amazon.com (AMZN, 6.3%) and Taiwan Semiconductor-SP ADR (TSM, 6.1%). Compared with Q3 2024, it opened 1 new position, sold out of 4, added to 16 and reduced 20. The biggest buy was CRH (CRH, shares +65%) and the biggest sale an exit from Novo-Nordisk A/S-Spons ADR (NVO).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001680493
- Portfolio Value
- $215.0M (Q4 2024)
- SEC Filing
- 0001680493-25-000001 ↗ filed Feb 13, 2025
Holdings Value
Holdings 43 stocks · $215.0M
| MSFT Microsoft Corp. | 8.28% | 41,924 | $17.8M | Add +8.6% |
| AMZN Amazon.com Inc. | 6.27% | 60,876 | $13.5M | Reduce -25.9% |
| TSM Taiwan Semiconductor-SP ADR | 6.14% | 65,851 | $13.2M | Reduce -82.4% |
| NVDA Nvidia Corp. | 5.92% | 92,584 | $12.7M | Reduce -12.5% |
| JPM JPMorgan Chase & Co. | 4.95% | 44,460 | $10.6M | Add +12.9% |
| WCN Waste Connections Inc. | 4.51% | 56,620 | $9.7M | Reduce -7.8% |
| NFLX Netflix Inc. | 4.22% | 10,084 | $9.1M | Add +17.3% |
| CRH CRH PLC | 4.07% | 94,573 | $8.7M | Add +65.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 4.00% | 71,053 | $8.6M | Reduce -19.9% |
| GOOGL Alphabet Inc. Class A | 3.73% | 41,986 | $8.0M | Add +5.8% |
| AXP American Express Co. | 3.38% | 24,456 | $7.3M | Reduce -17.6% |
| TRU Transunion | 3.32% | 76,844 | $7.1M | Add +16.3% |
| UNH Unitedhealth Group Inc. | 3.12% | 13,201 | $6.7M | No change |
| HD Home Depot Inc. | 2.96% | 16,346 | $6.4M | Reduce -5.5% |
| MA Mastercard Inc. Class A | 2.93% | 11,996 | $6.3M | Reduce -10.0% |
| CME Cme Group Inc. | 2.85% | 26,482 | $6.1M | Reduce -13.5% |
| NEE Nextera Energy Inc. | 2.81% | 84,226 | $6.0M | No change |
| NOW ServiceNow Inc. | 2.32% | 4,673 | $5.0M | Reduce -25.0% |
| SPGI S&P Global Inc. | 2.18% | 9,420 | $4.7M | No change |
| AVGO Broadcom Inc. | 2.00% | 18,212 | $4.3M | Reduce -12.3% |
| CSL Carlisle Cos Inc. | 1.97% | 11,464 | $4.2M | Add +16.4% |
| DLR Digital Realty Trust Inc. | 1.47% | 17,955 | $3.2M | Add +4.6% |
| ABBV Abbvie Inc. | 1.38% | 16,801 | $3.0M | No change |
| MPWR Monolithic Power Systems Inc. | 1.37% | 4,881 | $2.9M | Reduce -18.6% |
| INFY Infosys Ltd.-SP ADR | 1.29% | 125,850 | $2.8M | Add +7.5% |
| ACN Accenture PLC Class A | 1.25% | 7,595 | $2.7M | Add +40.3% |
| WMS Advanced Drainage Systems Inc. | 1.21% | 22,670 | $2.6M | No change |
| CMI Cummins Inc. | 1.10% | 6,780 | $2.4M | Reduce -14.3% |
| PG The Procter & Gamble Co. | 0.90% | 11,632 | $1.9M | Reduce -7.1% |
| BR Broadridge Financial Solutio | 0.90% | 8,607 | $1.9M | Add +7.9% |
| FERG Ferguson Enterprises Inc. | 0.73% | 9,093 | $1.6M | New |
| CLX Clorox Company | 0.72% | 9,631 | $1.6M | Reduce -12.4% |
| MRK Merck & Co. Inc. | 0.72% | 15,747 | $1.5M | Add +30.9% |
| WSO Watsco Inc. | 0.70% | 3,166 | $1.5M | Reduce -8.1% |
| AMT American Tower Corp. | 0.68% | 8,052 | $1.5M | Add +20.3% |
| UNP Union Pacific Corp. | 0.64% | 6,016 | $1.4M | Add +102.8% |
| SCI Service Corp. International | 0.63% | 16,891 | $1.3M | Reduce -9.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.54% | 5,296 | $1.2M | Add +44.5% |
| BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC | 0.53% | 61,354 | $1.1M | Reduce -39.1% |
| IBN Icici Bank Ltd.-Spon ADR | 0.49% | 35,066 | $1.1M | Reduce -87.0% |
| TU Telus Corp. | 0.38% | 60,344 | $812K | Add +7.1% |
| HDB HDFC Bank Ltd.-ADR | 0.26% | 8,766 | $562K | No change |
| ITUB Itau Unibanco H-Spon PRF ADR | 0.17% | 72,464 | $362K | Reduce -39.9% |
Portfolio Sells Q3 2024 → Q4 2024
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −3.65 |
| INTU Intuit Inc. | Sold out | 0.00% | −2.01 |
| TTE Totalenergies SE -Spon ADR | Sold out | 0.00% | −1.52 |
| IBN Icici Bank Ltd.-Spon ADR | Reduce -87.0% | 0.49% | −1.43 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -82.4% | 6.14% | −1.28 |
| MPWR Monolithic Power Systems Inc. | Reduce -18.6% | 1.37% | −0.92 |
| KB KB Financial Group Inc.-ADR | Sold out | 0.00% | −0.80 |
| BEKE Ke Holdings Inc.-ADR | Reduce -39.1% | 0.53% | −0.31 |
| TJX TJX Companies Inc. | Reduce -19.9% | 4.00% | −0.30 |
| ITUB Itau Unibanco H-Spon PRF ADR | Reduce -39.9% | 0.17% | −0.17 |
| AMZN Amazon.com Inc. | Reduce -25.9% | 6.27% | −0.10 |
| CLX Clorox Company | Reduce -12.4% | 0.72% | −0.02 |
| WSO Watsco Inc. | Reduce -8.1% | 0.70% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -7.1% | 0.90% | +0.01 |
| WCN Waste Connections Inc. | Reduce -7.8% | 4.51% | +0.01 |
| SCI Service Corp. International | Reduce -9.3% | 0.63% | +0.02 |
| CMI Cummins Inc. | Reduce -14.3% | 1.10% | +0.03 |
| NOW ServiceNow Inc. | Reduce -25.0% | 2.32% | +0.05 |
| AXP American Express Co. | Reduce -17.6% | 3.38% | +0.07 |
| CME Cme Group Inc. | Reduce -13.5% | 2.85% | +0.10 |
| HD Home Depot Inc. | Reduce -5.5% | 2.96% | +0.11 |
| MA Mastercard Inc. Class A | Reduce -10.0% | 2.93% | +0.22 |
| AVGO Broadcom Inc. | Reduce -12.3% | 2.00% | +0.52 |
| NVDA Nvidia Corp. | Reduce -12.5% | 5.92% | +0.62 |
Portfolio Buys Q3 2024 → Q4 2024
| CRH CRH PLC | Add +65.3% | 4.07% | +1.88 |
| NFLX Netflix Inc. | Add +17.3% | 4.22% | +1.71 |
| JPM JPMorgan Chase & Co. | Add +12.9% | 4.95% | +1.53 |
| MSFT Microsoft Corp. | Add +8.6% | 8.28% | +1.47 |
| GOOGL Alphabet Inc. Class A | Add +5.8% | 3.73% | +1.05 |
| FERG Ferguson Enterprises Inc. | New | 0.73% | +0.73 |
| TRU Transunion | Add +16.3% | 3.32% | +0.48 |
| ACN Accenture PLC Class A | Add +40.3% | 1.25% | +0.46 |
| UNP Union Pacific Corp. | Add +102.8% | 0.64% | +0.34 |
| DLR Digital Realty Trust Inc. | Add +4.6% | 1.47% | +0.33 |
| INFY Infosys Ltd.-SP ADR | Add +7.5% | 1.29% | +0.21 |
| IBM Intl Business Machines Corp. | Add +44.5% | 0.54% | +0.21 |
| BR Broadridge Financial Solutio | Add +7.9% | 0.90% | +0.20 |
| CSL Carlisle Cos Inc. | Add +16.4% | 1.97% | +0.16 |
| MRK Merck & Co. Inc. | Add +30.9% | 0.72% | +0.16 |
| AMT American Tower Corp. | Add +20.3% | 0.68% | +0.05 |
| TU Telus Corp. | Add +7.1% | 0.38% | −0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 49 | $120.2M | NVDA, GOOGL, AAPL, TSM, MSFT |
| Q1 2026 | 32 | $121.4M | TSM, NVDA, CME, JPM, MSFT |
| Q4 2025 | 43 | $215.9M | MSFT, AMZN, JPM, WCN, CRH |
| Q3 2025 | 38 | $206.2M | MSFT, NVDA, JPM, AMZN, GOOGL |
| Q2 2025 | 40 | $214.7M | MSFT, NVDA, JPM, CME, AMZN |
| Q1 2025 | 43 | $191.2M | MSFT, AMZN, JPM, CME, NFLX |
| Q4 2024 | 43 | $215.0M | MSFT, AMZN, TSM, NVDA, JPM |
| Q3 2024 | 46 | $242.4M | TSM, MSFT, AMZN, NVDA, WCN |
| Q2 2024 | 45 | $217.2M | MSFT, AMZN, NVDA, GOOGL, TJX |
| Q1 2024 | 49 | $247.5M | MSFT, NVDA, TJX, DIS, AMZN |