Munro Partners
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 21, 2025), Munro Partners reported 62 stock positions worth $2.7 billion. Its top holding was Nvidia (NVDA) at 7.9% of the portfolio, followed by Constellation Energy (CEG, 7.5%) and Amazon.com (AMZN, 7.2%). Compared with Q2 2024, it opened 13 new positions, sold out of 8, added to 24 and reduced 25. The biggest buy was a new position in KLA (KLAC) and the biggest sale Nvidia (NVDA, shares −27%).
- Most Recent 13F
- Q2 2026
- Location
- MELBOURNE, C3
- CIK
- 0001768744
- Portfolio Value
- $2.7B (Q3 2024)
- SEC Filing
- 0001768744-25-000014 ↗ filed Oct 21, 2025
Holdings Value
Holdings 62 stocks · $2.7B
| NVDA Nvidia Corp. | 7.91% | 1,788,882 | $217.2M | Reduce -26.7% |
| CEG Constellation Energy | 7.51% | 792,366 | $206.0M | Reduce -13.7% |
| AMZN Amazon.com Inc. | 7.15% | 1,053,832 | $196.4M | Reduce -12.5% |
| MSFT Microsoft Corp. | 7.01% | 447,068 | $192.4M | Reduce -13.7% |
| GEV GE Vernova Inc. | 4.60% | 495,745 | $126.4M | Reduce -9.5% |
| TSM Taiwan Semiconductor-SP ADR | 4.17% | 659,371 | $114.5M | Reduce -33.4% |
| NOW ServiceNow Inc. | 3.98% | 122,068 | $109.2M | Reduce -20.1% |
| CRH CRH PLC | 3.64% | 1,077,815 | $100.0M | Add +37.7% |
| MA Mastercard Inc. Class A | 3.40% | 189,159 | $93.4M | Add +3.8% |
| META Meta Platforms Inc. Class A | 3.27% | 156,845 | $89.8M | Reduce -17.1% |
| SN Sharkninja Inc. | 2.95% | 744,124 | $80.9M | Reduce -10.2% |
| FWONK Liberty Media Corp. Class C | 2.79% | 987,444 | $76.5M | Reduce -8.3% |
| CMG Chipotle Mexican Grill Inc. | 2.74% | 1,305,435 | $75.2M | Add +33.3% |
| LLY Eli Lilly & Co. | 2.71% | 84,116 | $74.5M | Reduce -6.1% |
| UBER Uber Technologies Inc. | 2.69% | 982,355 | $73.8M | Reduce -6.6% |
| SNPS Synopsys Inc. | 2.63% | 142,611 | $72.2M | Reduce -0.9% |
| KLAC KLA Corp. | 2.62% | 92,840 | $71.9M | New |
| FIX Comfort Systems USA Inc. | 2.49% | 175,190 | $68.4M | Add +90.3% |
| AVGO Broadcom Inc. | 2.40% | 381,715 | $65.8M | Add +2158.7% |
| GOOGL Alphabet Inc. Class A | 2.39% | 395,122 | $65.5M | Reduce -8.8% |
| AMAT Applied Materials Inc. | 2.33% | 316,224 | $63.9M | Reduce -23.5% |
| CW Curtiss-Wright Corp. | 2.30% | 191,730 | $63.0M | Add +14.5% |
| V Visa Inc. Class A | 2.29% | 228,695 | $62.9M | Reduce -30.6% |
| BSX Boston Scientific Corp. | 2.24% | 733,645 | $61.5M | Reduce -19.1% |
| NFLX Netflix Inc. | 2.03% | 78,625 | $55.8M | New |
| MSI Motorola Solutions Inc. | 1.72% | 105,040 | $47.2M | New |
| JCI Johnson Controls Internation | 1.51% | 532,970 | $41.4M | New |
| AXON Axon Enterprise Inc. | 1.30% | 89,102 | $35.6M | Add +7648.0% |
| VRT Vertiv Holdings Co. Class A | 0.75% | 207,335 | $20.6M | Add +203.2% |
| TLN Talen Energy Corp. | 0.66% | 101,465 | $18.1M | New |
| RDNT Radnet Inc. | 0.58% | 231,398 | $16.1M | New |
| PWR Quanta Services Inc. | 0.49% | 44,792 | $13.4M | Add +45.0% |
| CLH Clean Harbors Inc. | 0.35% | 40,311 | $9.7M | Add +21.8% |
| LIN Linde PLC | 0.31% | 17,906 | $8.5M | Add +27.9% |
| ETN Eaton Corp. PLC | 0.28% | 23,315 | $7.7M | Add +391.4% |
| NEE Nextera Energy Inc. | 0.22% | 70,580 | $6.0M | Reduce -86.8% |
| GFL GFL Environmental Inc.-Sub VT | 0.21% | 144,715 | $5.8M | Reduce -3.9% |
| ONON On Holding AG Class A filed as ON HLDG AG | 0.19% | 106,215 | $5.3M | Reduce -65.8% |
| MELI MercadoLibre Inc. | 0.15% | 2,050 | $4.2M | Add +7.0% |
| WIX Wix.com Ltd. | 0.13% | 21,550 | $3.6M | Add +605.4% |
| FSLR First Solar Inc. | 0.13% | 14,330 | $3.6M | New |
| IT Gartner Inc. | 0.12% | 6,605 | $3.3M | Reduce -0.3% |
| WM Waste Management Inc. | 0.12% | 15,948 | $3.3M | Add +55.0% |
| VLTO Veralto Corp. | 0.10% | 24,780 | $2.8M | Add +4.1% |
| PINS Pinterest Inc. Class A | 0.08% | 65,155 | $2.1M | Add +7.0% |
| ARM Arm Holdings PLC-ADR | 0.05% | 10,489 | $1.5M | Reduce -96.1% |
| CAMT Camtek Ltd. | 0.05% | 17,860 | $1.4M | Add +567.7% |
| BIP Brookfield Infrastructure Pa | 0.04% | 31,235 | $1.1M | Add +128.7% |
| TW Tradeweb Markets Inc. Class A | 0.03% | 6,160 | $762K | Add +58.8% |
| APP AppLovin Corp. Class A | 0.02% | 4,765 | $622K | Reduce -98.3% |
| NVMI Nova Ltd. | 0.02% | 2,705 | $564K | New |
| IBKR Interactive Brokers Gro Class A | 0.02% | 3,615 | $504K | New |
| GDDY GoDaddy Inc. Class A | 0.02% | 3,020 | $473K | Add +128.8% |
| TRGP Targa Resources Corp. | 0.02% | 3,060 | $453K | New |
| RDDT Reddit Inc. Class A | 0.02% | 6,285 | $414K | Add +191.0% |
| ULS Ul Solutions Inc. Class A | 0.01% | 8,215 | $405K | Add +101.3% |
| ONTO Onto Innovation Inc. | 0.01% | 1,575 | $327K | Reduce -83.4% |
| ALAB Astera Labs Inc. | 0.01% | 6,170 | $323K | New |
| ZS Zscaler Inc. | 0.01% | 1,815 | $310K | New |
| CART Maplebear Inc. | 0.01% | 6,555 | $267K | Reduce -29.5% |
| ELF Elf Beauty Inc. | 0.01% | 2,025 | $221K | Add +43.1% |
| HUT Hut 8 Corp. | 0.00% | 7,910 | $97K | New |
Portfolio Sells Q2 2024 → Q3 2024
| NVDA Nvidia Corp. | Reduce -26.7% | 7.91% | −3.25 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −2.24 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -33.4% | 4.17% | −2.20 |
| ARM Arm Holdings PLC-ADR | Reduce -96.1% | 0.05% | −1.58 |
| MSFT Microsoft Corp. | Reduce -13.7% | 7.01% | −1.57 |
| AMZN Amazon.com Inc. | Reduce -12.5% | 7.15% | −1.47 |
| AMAT Applied Materials Inc. | Reduce -23.5% | 2.33% | −1.28 |
| NEE Nextera Energy Inc. | Reduce -86.8% | 0.22% | −1.19 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.98 |
| V Visa Inc. Class A | Reduce -30.6% | 2.29% | −0.91 |
| APP AppLovin Corp. Class A | Reduce -98.3% | 0.02% | −0.83 |
| SNPS Synopsys Inc. | Reduce -0.9% | 2.63% | −0.54 |
| GOOGL Alphabet Inc. Class A | Reduce -8.8% | 2.39% | −0.54 |
| NOW ServiceNow Inc. | Reduce -20.1% | 3.98% | −0.48 |
| BSX Boston Scientific Corp. | Reduce -19.1% | 2.24% | −0.35 |
| LLY Eli Lilly & Co. | Reduce -6.1% | 2.71% | −0.29 |
| META Meta Platforms Inc. Class A | Reduce -17.1% | 3.27% | −0.26 |
| ONON On Holding AG Class A | Reduce -65.8% | 0.19% | −0.25 |
| CCJ Cameco Corp. | Sold out | 0.00% | −0.23 |
| NXT Nextpower Inc. | Sold out | 0.00% | −0.20 |
| CNM Core & Main Inc. Class A | Sold out | 0.00% | −0.17 |
| UBER Uber Technologies Inc. | Reduce -6.6% | 2.69% | −0.14 |
| FWONK Liberty Media Corp. Class C | Reduce -8.3% | 2.79% | −0.08 |
| ONTO Onto Innovation Inc. | Reduce -83.4% | 0.01% | −0.07 |
| COST Costco Wholesale Corp. | Sold out | 0.00% | −0.06 |
| ABNB Airbnb Inc. Class A | Sold out | 0.00% | −0.05 |
| GFL GFL Environmental Inc.-Sub VT | Reduce -3.9% | 0.21% | −0.01 |
| MPWR Monolithic Power Systems Inc. | Sold out | 0.00% | −0.00 |
| CART Maplebear Inc. | Reduce -29.5% | 0.01% | −0.00 |
| IT Gartner Inc. | Reduce -0.3% | 0.12% | +0.01 |
| SN Sharkninja Inc. | Reduce -10.2% | 2.95% | +0.64 |
| CEG Constellation Energy | Reduce -13.7% | 7.51% | +0.70 |
| GEV GE Vernova Inc. | Reduce -9.5% | 4.60% | +1.13 |
Portfolio Buys Q2 2024 → Q3 2024
| KLAC KLA Corp. | New | 2.62% | +2.62 |
| AVGO Broadcom Inc. | Add +2158.7% | 2.40% | +2.30 |
| NFLX Netflix Inc. | New | 2.03% | +2.03 |
| MSI Motorola Solutions Inc. | New | 1.72% | +1.72 |
| JCI Johnson Controls Internation | New | 1.51% | +1.51 |
| CRH CRH PLC | Add +37.7% | 3.64% | +1.47 |
| FIX Comfort Systems USA Inc. | Add +90.3% | 2.49% | +1.45 |
| AXON Axon Enterprise Inc. | Add +7648.0% | 1.30% | +1.28 |
| TLN Talen Energy Corp. | New | 0.66% | +0.66 |
| CW Curtiss-Wright Corp. | Add +14.5% | 2.30% | +0.62 |
| RDNT Radnet Inc. | New | 0.58% | +0.58 |
| VRT Vertiv Holdings Co. Class A | Add +203.2% | 0.75% | +0.53 |
| CMG Chipotle Mexican Grill Inc. | Add +33.3% | 2.74% | +0.47 |
| MA Mastercard Inc. Class A | Add +3.8% | 3.40% | +0.43 |
| ETN Eaton Corp. PLC | Add +391.4% | 0.28% | +0.23 |
| PWR Quanta Services Inc. | Add +45.0% | 0.49% | +0.20 |
| FSLR First Solar Inc. | New | 0.13% | +0.13 |
| WIX Wix.com Ltd. | Add +605.4% | 0.13% | +0.11 |
| LIN Linde PLC | Add +27.9% | 0.31% | +0.08 |
| CLH Clean Harbors Inc. | Add +21.8% | 0.35% | +0.08 |
| CAMT Camtek Ltd. | Add +567.7% | 0.05% | +0.04 |
| WM Waste Management Inc. | Add +55.0% | 0.12% | +0.04 |
| MELI MercadoLibre Inc. | Add +7.0% | 0.15% | +0.04 |
| BIP Brookfield Infrastructure Pa | Add +128.7% | 0.04% | +0.03 |
| NVMI Nova Ltd. | New | 0.02% | +0.02 |
| IBKR Interactive Brokers Gro Class A | New | 0.02% | +0.02 |
| VLTO Veralto Corp. | Add +4.1% | 0.10% | +0.02 |
| TRGP Targa Resources Corp. | New | 0.02% | +0.02 |
| TW Tradeweb Markets Inc. Class A | Add +58.8% | 0.03% | +0.01 |
| ALAB Astera Labs Inc. | New | 0.01% | +0.01 |
| ZS Zscaler Inc. | New | 0.01% | +0.01 |
| GDDY GoDaddy Inc. Class A | Add +128.8% | 0.02% | +0.01 |
| RDDT Reddit Inc. Class A | Add +191.0% | 0.02% | +0.01 |
| ULS Ul Solutions Inc. Class A | Add +101.3% | 0.01% | +0.01 |
| HUT Hut 8 Corp. | New | 0.00% | +0.00 |
| ELF Elf Beauty Inc. | Add +43.1% | 0.01% | −0.00 |
| PINS Pinterest Inc. Class A | Add +7.0% | 0.08% | −0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 59 | $4.4B | NVDA, GEV, GOOGL, AMZN, AMAT |
| Q1 2026 | 59 | $3.0B | NVDA, GEV, AMZN, NEE, AVGO |
| Q4 2025 | 58 | $3.6B | NVDA, GEV, AMZN, MSFT, GOOGL |
| Q3 2025 | 63 | $3.7B | NVDA, AMZN, MSFT, FWONK, CEG |
| Q2 2025Amended | 66 | $3.2B | NVDA, MSFT, AMZN, META, CEG |
| Q1 2025 | 60 | $2.1B | AMZN, NVDA, MSFT, MA, META |
| Q4 2024 | 65 | $2.9B | NVDA, CEG, AMZN, MSFT, MA |
| Q3 2024 | 62 | $2.7B | NVDA, CEG, AMZN, MSFT, GEV |
| Q2 2024 | 57 | $2.7B | NVDA, AMZN, MSFT, CEG, TSM |
| Q1 2024 | 57 | $2.8B | NVDA, MSFT, AMZN, CEG, META |