Ninety One North America, Inc.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 16, 2026), Ninety One North America, Inc. reported 106 stock positions worth $2.1 billion. Its top holding was Visa Class A (V) at 6.9% of the portfolio, followed by Philip Morris International (PM, 5.9%) and Alphabet Class A (GOOGL, 4.6%). Compared with Q1 2026, it opened 11 new positions, sold out of 5, added to 17 and reduced 58. The biggest buy was a new position in Latam Airlines Group SA-ADR (LTM) and the biggest sale Electronic Arts (EA, shares −65%).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001633343
Portfolio Value
$2.1B (Q2 2026)
SEC Filing
0001140361-26-028612 ↗ filed Jul 16, 2026

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $2.1B Q1 2024 Q2 2024: $2.0B Q2 2024 Q3 2024: $1.5B Q3 2024 Q4 2024: $1.6B Q4 2024 Q1 2025: $1.5B Q1 2025 Q2 2025: $2.0B Q2 2025 Q3 2025: $2.2B Q3 2025 Q4 2025: $2.5B Q4 2025 Q1 2026: $2.2B Q1 2026 Q2 2026: $2.1B $2.1B Q2 2026

Holdings 106 stocks · $2.1B
V Visa Inc. Class A 6.89% 428,570 $147.0M Reduce -3.8%
PM Philip Morris International 5.91% 697,104 $126.1M Reduce -2.9%
GOOGL Alphabet Inc. Class A 4.63% 276,644 $98.9M Reduce -26.7%
MSFT Microsoft Corp. 4.20% 240,494 $89.7M Reduce -1.9%
BKNG Booking Holdings Inc. 3.72% 445,385 $79.4M Reduce -3.5%
JNJ Johnson & Johnson 3.40% 285,856 $72.6M Add +0.9%
NTES Netease Inc.-ADR 2.92% 486,008 $62.3M Reduce -3.9%
EW Edwards Lifesciences Corp. 2.61% 616,498 $55.8M Reduce -3.3%
MA Mastercard Inc. Class A 2.56% 106,189 $54.5M Reduce -37.3%
ADSK Autodesk Inc. 2.54% 279,387 $54.3M Reduce -7.0%
MRSH Marsh & McLennan Cos 2.33% 298,768 $49.8M Reduce -3.9%
TSM Taiwan Semiconductor-SP ADR 2.21% 98,931 $47.2M Reduce -45.3%
INTU Intuit Inc. 2.11% 172,219 $44.9M Add +14.2%
MSI Motorola Solutions Inc. 2.07% 106,500 $44.2M Reduce -3.6%
MNST Monster Beverage Corp. 2.05% 455,849 $43.8M Reduce -3.8%
VIST Vista Energy Sab DE CV 1.95% 652,028 $41.6M Add +6.0%
VRSN Verisign Inc. 1.86% 157,466 $39.6M Reduce -2.9%
BAP Credicorp Ltd. 1.72% 94,298 $36.7M Reduce -39.0%
LTM Latam Airlines Group SA-ADR 1.69% 620,111 $36.1M New
AON Aon PLC Class A 1.69% 108,639 $36.0M Reduce -38.1%
LAUR Laureate Education Inc. 1.62% 950,192 $34.5M New
ADP Automatic Data Processing 1.61% 153,493 $34.4M Reduce -6.1%
INDA iShares MSCI India ETF 1.58% 682,580 $33.7M Reduce -40.3%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 1.53% 2,437,460 $32.6M Reduce -5.7%
ALC Alcon Inc. filed as ALCON AG 1.47% 462,060 $31.3M Reduce -38.2%
XP XP Inc. Class A 1.39% 1,822,045 $29.6M Reduce -5.3%
NVDA Nvidia Corp. 1.37% 146,533 $29.3M No change
MCO Moody's Corp. 1.36% 64,100 $29.0M Reduce -3.8%
ALGN Align Technology Inc. 1.31% 166,063 $28.0M Reduce -3.7%
SPGI S&P Global Inc. 1.30% 67,974 $27.7M Reduce -3.9%
CHKP Check Point Software Tech 1.23% 200,108 $26.3M Reduce -3.6%
EA Electronic Arts Inc. 1.13% 117,693 $24.1M Reduce -65.3%
AZN Astrazeneca PLC 1.08% 123,512 $23.1M Reduce -22.1%
TX Ternium SA-Sponsored ADR 1.02% 509,328 $21.7M Reduce -14.8%
ASX Ase Technology Holding -ADR 0.96% 454,221 $20.5M Add +0.5%
FDS Factset Research Systems Inc. 0.91% 84,770 $19.5M Reduce -3.6%
ALLE Allegion PLC 0.86% 130,098 $18.3M Reduce -38.2%
CP Canadian Pacific Kansas City 0.83% 205,130 $17.8M Reduce -4.3%
IBN Icici Bank Ltd.-Spon ADR 0.83% 606,875 $17.6M Reduce -6.3%
NEE Nextera Energy Inc. 0.78% 190,361 $16.7M Reduce -26.0%
VMI Valmont Industries 0.76% 27,909 $16.1M Add +20.9%
TEL Te Connectivity PLC 0.72% 76,274 $15.4M Add +1.1%
AMZN Amazon.com Inc. 0.68% 61,248 $14.6M Add +17.6%
AVGO Broadcom Inc. 0.66% 37,538 $14.2M No change
TTEK Tetra Tech Inc. 0.66% 485,767 $14.0M Add +17.6%
TT Trane Technologies PLC 0.65% 28,417 $14.0M Add +95.9%
FMX Fomento Economico Mex-SP ADR 0.64% 107,328 $13.7M New
AAPL Apple Inc. 0.60% 44,605 $12.9M No change
LIN Linde PLC 0.59% 24,105 $12.5M Reduce -23.9%
AGCO Agco Corp. 0.57% 101,142 $12.1M Add +1.1%
WM Waste Management Inc. 0.57% 54,194 $12.1M Add +23.4%
RYAAY Ryanair Holdings PLC-SP ADR 0.55% 182,389 $11.8M New
JPM JPMorgan Chase & Co. 0.48% 31,011 $10.2M No change
TKO Tko Group Holdings Inc. 0.44% 46,897 $9.4M Reduce -10.9%
DSGX The Descartes Systems Grp 0.40% 122,805 $8.5M New
LLY Eli Lilly & Co. 0.38% 6,689 $8.0M Add +1.0%
ACM Aecom 0.34% 104,266 $7.3M Reduce -23.9%
KGC Kinross Gold Corp. 0.32% 289,381 $6.8M Add +86.3%
XOM Exxon Mobil Corp. 0.31% 48,556 $6.6M No change
CFG Citizens Financial Group 0.31% 93,524 $6.6M Add +33.8%
TRMB Trimble Inc. 0.29% 122,820 $6.3M Add +1.1%
UBS UBS Group AG-Reg 0.27% 117,577 $5.8M Reduce -13.1%
J Jacobs Solutions Inc. 0.25% 43,160 $5.4M Add +14.3%
CL Colgate-Palmolive Co. 0.25% 58,603 $5.4M Reduce -21.8%
IBKR Interactive Brokers Gro Class A 0.25% 60,896 $5.3M New
GM General Motors Co. 0.25% 68,498 $5.3M No change
B Barrick Mining Corp. 0.23% 135,374 $5.0M No change
BA The Boeing Co. 0.23% 22,260 $4.8M No change
SNX TD Synnex Corp. 0.23% 18,023 $4.8M Reduce -16.9%
UNH Unitedhealth Group Inc. 0.22% 11,518 $4.8M New
HDB HDFC Bank Ltd.-ADR 0.22% 179,246 $4.6M Add +87.4%
COST Costco Wholesale Corp. 0.20% 4,626 $4.3M New
FCX Freeport-McMoran Inc. 0.19% 65,211 $4.1M No change
META Meta Platforms Inc. Class A 0.19% 7,280 $4.1M No change
DAL Delta Air Lines Inc. 0.18% 41,691 $3.9M No change
RACE Ferrari NV 0.18% 10,474 $3.9M Reduce -18.6%
TRU Transunion 0.18% 52,702 $3.8M No change
AER Aercap Holdings NV 0.18% 25,726 $3.8M Reduce -28.1%
ABT Abbott Laboratories 0.17% 40,884 $3.7M Reduce -17.7%
CVX Chevron Corp. 0.17% 22,358 $3.7M New
TMO Thermo Fisher Scientific Inc. 0.17% 7,390 $3.7M No change
GS Goldman Sachs Group Inc. 0.17% 3,525 $3.6M Reduce -15.1%
TTWO Take-Two Interactive Softwre 0.15% 13,191 $3.3M No change
CRH CRH PLC 0.15% 30,572 $3.3M Reduce -30.5%
KEY Keycorp 0.14% 127,453 $2.9M No change
ICE Intercontinental Exchange Inc. 0.13% 22,618 $2.8M Reduce -6.1%
BSX Boston Scientific Corp. 0.11% 54,860 $2.3M Reduce -38.4%
MWH Solv Energy Inc. Class A 0.11% 67,995 $2.3M New
GLPI Gaming and Leisure Propertie 0.11% 51,609 $2.3M No change
ELV Elevance Health Inc. 0.09% 5,170 $2.0M No change
TW Tradeweb Markets Inc. Class A 0.09% 19,288 $1.9M No change
Z Zillow Group Inc. Class C 0.08% 56,163 $1.8M No change
BKLN Invesco Senior Loan ETF 0.07% 71,065 $1.4M New
QCOM Qualcomm Inc. 0.06% 6,981 $1.3M Reduce -69.4%
PG The Procter & Gamble Co. 0.05% 6,771 $993K Reduce -47.4%
PLNT Planet Fitness Inc. Class A 0.04% 16,430 $857K Reduce -54.8%
USHY iShares Broad Usd High Yield 0.03% 15,399 $570K Reduce -45.9%
SHYG iShares 0-5 YR HY Corp. Bond 0.01% 5,607 $238K No change
KO The Coca-Cola Co. 0.01% 2,718 $221K Reduce -47.4%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.01% 628 $144K Reduce -47.4%

Show all 106 holdings

Portfolio Sells Q1 2026 → Q2 2026
EA Electronic Arts Inc. Reduce -65.3% 1.13% −1.97
MA Mastercard Inc. Class A Reduce -37.3% 2.56% −1.24
ALC Alcon Inc. Reduce -38.2% 1.47% −1.01
AON Aon PLC Class A Reduce -38.1% 1.69% −0.86
INDA iShares MSCI India ETF Reduce -40.3% 1.58% −0.82
ADSK Autodesk Inc. Reduce -7.0% 2.54% −0.69
BAP Credicorp Ltd. Reduce -39.0% 1.72% −0.63
TSM Taiwan Semiconductor-SP ADR Reduce -45.3% 2.21% −0.53
ALLE Allegion PLC Reduce -38.2% 0.86% −0.52
FTI Technipfmc PLC Sold out 0.00% −0.49
AZN Astrazeneca PLC Reduce -22.1% 1.08% −0.30
NEE Nextera Energy Inc. Reduce -26.0% 0.78% −0.29
XP XP Inc. Class A Reduce -5.3% 1.39% −0.26
GOOGL Alphabet Inc. Class A Reduce -26.7% 4.63% −0.24
ACM Aecom Reduce -23.9% 0.34% −0.18
EEM iShares MSCI Emerging Market Sold out 0.00% −0.17
BSX Boston Scientific Corp. Reduce -38.4% 0.11% −0.14
NU Nu Holdings Ltd./Cayman Isl-A Reduce -5.7% 1.53% −0.14
LIN Linde PLC Reduce -23.9% 0.59% −0.12
CHKP Check Point Software Tech Reduce -3.6% 1.23% −0.10
MRSH Marsh & McLennan Cos Reduce -3.9% 2.33% −0.09
PLNT Planet Fitness Inc. Class A Reduce -54.8% 0.04% −0.08
MSI Motorola Solutions Inc. Reduce -3.6% 2.07% −0.08
QCOM Qualcomm Inc. Reduce -69.4% 0.06% −0.07
ZTS Zoetis Inc. Sold out 0.00% −0.06
TX Ternium SA-Sponsored ADR Reduce -14.8% 1.02% −0.06
ABT Abbott Laboratories Reduce -17.7% 0.17% −0.06
CRH CRH PLC Reduce -30.5% 0.15% −0.05
SPGI S&P Global Inc. Reduce -3.9% 1.30% −0.05
AER Aercap Holdings NV Reduce -28.1% 0.18% −0.04
ICE Intercontinental Exchange Inc. Reduce -6.1% 0.13% −0.04
PG The Procter & Gamble Co. Reduce -47.4% 0.05% −0.04
CL Colgate-Palmolive Co. Reduce -21.8% 0.25% −0.04
TKO Tko Group Holdings Inc. Reduce -10.9% 0.44% −0.03
USHY iShares Broad Usd High Yield Reduce -45.9% 0.03% −0.02
ALGN Align Technology Inc. Reduce -3.7% 1.31% −0.01
VCIT Vanguard Int-Term Corporate Sold out 0.00% −0.01
RACE Ferrari NV Reduce -18.6% 0.18% −0.01
CME Cme Group Inc. Reduce -47.4% 0.01% −0.01
ROP Roper Technologies Inc. Sold out 0.00% −0.01
KO The Coca-Cola Co. Reduce -47.4% 0.01% −0.01
AJG Arthur J Gallagher & Co. Reduce -47.4% 0.01% −0.00
EFX Equifax Inc. Reduce -47.4% 0.00% −0.00
OTIS Otis Worldwide Corp. Reduce -47.4% 0.00% −0.00
BR Broadridge Financial Solutio Reduce -47.4% 0.00% −0.00
STE Steris PLC Reduce -47.4% 0.00% −0.00
JKHY Jack Henry & Associates Inc. Reduce -47.5% 0.00% −0.00
GS Goldman Sachs Group Inc. Reduce -15.1% 0.17% +0.01
UBS UBS Group AG-Reg Reduce -13.1% 0.27% +0.04
VRSN Verisign Inc. Reduce -2.9% 1.86% +0.05

Portfolio Buys Q1 2026 → Q2 2026
LTM Latam Airlines Group SA-ADR New 1.69% +1.69
LAUR Laureate Education Inc. New 1.62% +1.62
FMX Fomento Economico Mex-SP ADR New 0.64% +0.64
RYAAY Ryanair Holdings PLC-SP ADR New 0.55% +0.55
ASX Ase Technology Holding -ADR Add +0.5% 0.96% +0.52
DSGX The Descartes Systems Grp New 0.40% +0.40
TT Trane Technologies PLC Add +95.9% 0.65% +0.38
VMI Valmont Industries Add +20.9% 0.76% +0.34
JNJ Johnson & Johnson Add +0.9% 3.40% +0.29
IBKR Interactive Brokers Gro Class A New 0.25% +0.25
UNH Unitedhealth Group Inc. New 0.22% +0.22
COST Costco Wholesale Corp. New 0.20% +0.20
AMZN Amazon.com Inc. Add +17.6% 0.68% +0.20
CVX Chevron Corp. New 0.17% +0.17
CFG Citizens Financial Group Add +33.8% 0.31% +0.12
WM Waste Management Inc. Add +23.4% 0.57% +0.11
HDB HDFC Bank Ltd.-ADR Add +87.4% 0.22% +0.11
MWH Solv Energy Inc. Class A New 0.11% +0.11
KGC Kinross Gold Corp. Add +86.3% 0.32% +0.11
LLY Eli Lilly & Co. Add +1.0% 0.38% +0.10
TTEK Tetra Tech Inc. Add +17.6% 0.66% +0.10
BKLN Invesco Senior Loan ETF New 0.07% +0.07
AGCO Agco Corp. Add +1.1% 0.57% +0.05
J Jacobs Solutions Inc. Add +14.3% 0.25% +0.04
TEL Te Connectivity PLC Add +1.1% 0.72% +0.01
TRMB Trimble Inc. Add +1.1% 0.29% −0.06
VIST Vista Energy Sab DE CV Add +6.0% 1.95% −0.14
INTU Intuit Inc. Add +14.2% 2.11% −0.82

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 106$2.1BV, PM, GOOGL, MSFT, BKNG
Q1 2026 100$2.2BV, PM, GOOGL, MSFT, MA
Q4 2025 102$2.5BV, GOOGL, MSFT, PM, MA
Q3 2025Amended 70$2.2BV, MSFT, PM, ADSK, GOOGL
Q2 2025 65$2.0BV, MSFT, PM, BKNG, ADSK
Q1 2025 68$1.5BV, PM, MA, MSFT, ICLR
Q4 2024 71$1.6BV, MSFT, TSM, PM, ADSK
Q3 2024 66$1.5BV, MSFT, PM, BKNG, ADSK
Q2 2024 62$2.0BMSFT, V, BKNG, GOOGL, ADSK
Q1 2024 61$2.1BV, MSFT, BKNG, GOOGL, INTU