Naspers Ltd.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Naspers Ltd. reported 3 stock positions worth $463.3 million. Its top holding was Remitly Global (RELY) at 75.8% of the portfolio, followed by Similarweb (SMWB, 18.1%) and Skillsoft (SKIL, 6.1%). Compared with Q3 2025, it sold out of 2. The biggest sale was an exit from Ionq (IONQ).

Most Recent 13F
Q2 2026
Location
CAPETOWN, T3
CIK
0001106051
Portfolio Value
$463.3M (Q4 2025)
SEC Filing
0001193125-26-053939 ↗ filed Feb 17, 2026

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 Q3 2025 Q4 2025: $463.3M $463.3M Q4 2025 Q1 2026: $252.9M Q1 2026 Q2 2026: $84.4M Q2 2026

Holdings 3 stocks · $463.3M
RELY Remitly Global Inc. 75.79% 25,441,745 $351.1M No change
SMWB Similarweb Ltd. 18.06% 11,173,265 $83.7M No change
SKIL Skillsoft Corp. 6.15% 3,063,085 $28.5M No change

Portfolio Sells Q3 2025 → Q4 2025
IONQ Ionq Inc. Sold out 0.00% −11.46
UDMY Udemy Inc. Sold out 0.00% −4.15

Portfolio Buys Q3 2025 → Q4 2025
None this quarter.

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