Naspers Ltd.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Naspers Ltd. reported 5 stock positions worth $661.8 million. Its top holding was Remitly Global (RELY) at 62.7% of the portfolio, followed by Similarweb (SMWB, 15.7%) and Ionq (IONQ, 11.5%). Compared with Q2 2025, it opened 1 new position and reduced 1. The biggest buy was a new position in Ionq (IONQ) and the biggest sale Udemy (UDMY, shares −72%).

Most Recent 13F
Q2 2026
Location
CAPETOWN, T3
CIK
0001106051
Portfolio Value
$661.8M (Q3 2025)
SEC Filing
0001193125-25-282412 ↗ filed Nov 14, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.1B Q1 2024 Q2 2024: $729.5M Q2 2024 Q3 2024: $773.6M Q3 2024 Q4 2024: $1.2B Q4 2024 Q1 2025: $1.0B Q1 2025 Q2 2025: $711.9M Q2 2025 Q3 2025: $661.8M $661.8M Q3 2025 Q4 2025: $463.3M Q4 2025 Q1 2026: $252.9M Q1 2026 Q2 2026: $84.4M Q2 2026

Holdings 5 stocks · $661.8M
RELY Remitly Global Inc. 62.66% 25,441,745 $414.7M No change
SMWB Similarweb Ltd. 15.70% 11,173,265 $103.9M No change
IONQ Ionq Inc. 11.46% 1,233,585 $75.9M New
SKIL Skillsoft Corp. 6.03% 3,063,085 $39.9M No change
UDMY Udemy Inc. 4.15% 3,916,240 $27.5M Reduce -71.9%

Portfolio Sells Q2 2025 → Q3 2025
UDMY Udemy Inc. Reduce -71.9% 4.15% −9.60

Portfolio Buys Q2 2025 → Q3 2025
IONQ Ionq Inc. New 11.46% +11.46

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 2$84.4MSMWB, SKIL
Q1 2026 3$252.9MRELY, SMWB, SKIL
Q4 2025 3$463.3MRELY, SMWB, SKIL
Q3 2025 5$661.8MRELY, SMWB, IONQ, SKIL, UDMY
Q2 2025 4$711.9MRELY, UDMY, SMWB, SKIL
Q1 2025 4$1.0BRELY, UDMY, SMWB, SKIL
Q4 2024 4$1.2BRELY, SMWB, UDMY, SKIL
Q3 2024 4$773.6MRELY, UDMY, SMWB, SKIL
Q2 2024 4$729.5MRELY, UDMY, SMWB, SKIL
Q1 2024 4$1.1BRELY, UDMY, SMWB, SKIL