Ninety One North America, Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 25, 2024), Ninety One North America, Inc. reported 61 stock positions worth $2.1 billion. Its top holding was Visa Class A (V) at 9.2% of the portfolio, followed by Microsoft (MSFT, 8.6%) and Booking (BKNG, 5.9%). Compared with Q4 2023, it opened 2 new positions, sold out of 9, added to 44 and reduced 15. The biggest buy was Align Technology (ALGN, shares +747%) and the biggest sale an exit from Ambev SA-ADR (ABEV).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001633343
- Portfolio Value
- $2.1B (Q1 2024)
- SEC Filing
- 0001140361-24-021925 ↗ filed Apr 25, 2024
Holdings Value
Holdings 61 stocks · $2.1B
| V Visa Inc. Class A | 9.16% | 675,953 | $188.6M | Add +0.2% |
| MSFT Microsoft Corp. | 8.59% | 420,214 | $176.8M | Add +1.6% |
| BKNG Booking Holdings Inc. | 5.92% | 33,591 | $121.9M | Add +1.7% |
| GOOGL Alphabet Inc. Class A | 5.41% | 738,371 | $111.4M | Add +18.9% |
| INTU Intuit Inc. | 4.58% | 144,968 | $94.2M | Add +2.4% |
| ADSK Autodesk Inc. | 4.47% | 353,606 | $92.1M | Add +1.9% |
| ICLR Icon PLC | 4.40% | 269,443 | $90.5M | Add +3.9% |
| VRSN Verisign Inc. | 3.63% | 394,057 | $74.7M | Add +2.0% |
| MCO Moody's Corp. | 3.42% | 178,885 | $70.3M | Add +2.4% |
| ADP Automatic Data Processing | 2.98% | 245,403 | $61.3M | Add +4.3% |
| SPGI S&P Global Inc. | 2.90% | 140,240 | $59.7M | Add +3.1% |
| CHKP Check Point Software Tech | 2.76% | 346,240 | $56.8M | Add +0.6% |
| PM Philip Morris International | 2.76% | 619,254 | $56.7M | Add +2.5% |
| JNJ Johnson & Johnson | 2.71% | 352,739 | $55.8M | Reduce -3.1% |
| FDS Factset Research Systems Inc. | 2.71% | 122,607 | $55.7M | Add +2.8% |
| NTES Netease Inc.-ADR | 2.64% | 525,586 | $54.4M | Add +5.3% |
| EA Electronic Arts Inc. | 2.64% | 409,000 | $54.3M | Add +2.1% |
| ALGN Align Technology Inc. | 1.93% | 121,247 | $39.8M | Add +746.6% |
| VALE Vale SA-SP ADR | 1.82% | 3,071,851 | $37.4M | Add +1.1% |
| EDU New Oriental Educatio-SP ADR | 1.74% | 412,066 | $35.8M | Add +2.2% |
| TX Ternium SA-Sponsored ADR | 1.50% | 741,898 | $30.9M | Add +2.3% |
| MNST Monster Beverage Corp. | 1.41% | 488,353 | $28.9M | Add +261.3% |
| PDD PDD Holdings Inc. | 1.37% | 241,982 | $28.1M | Reduce -34.5% |
| TCOM Trip.com Group Ltd.-ADR | 1.32% | 618,479 | $27.1M | Reduce -29.9% |
| CX Cemex Sab-Spons ADR Part Cer | 1.30% | 2,969,055 | $26.8M | New |
| FRSH Freshworks Inc. Class A | 1.20% | 1,359,723 | $24.8M | Add +107.3% |
| TSM Taiwan Semiconductor-SP ADR | 1.10% | 167,138 | $22.7M | Reduce -1.9% |
| MSI Motorola Solutions Inc. | 0.94% | 54,252 | $19.3M | New |
| BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC | 0.90% | 1,345,525 | $18.5M | Add +2.2% |
| WM Waste Management Inc. | 0.71% | 68,823 | $14.7M | Reduce -3.2% |
| TXN Texas Instruments Inc. | 0.60% | 71,311 | $12.4M | Add +56.2% |
| NEE Nextera Energy Inc. | 0.58% | 188,254 | $12.0M | Add +18.0% |
| SCHW Schwab (charles) Corp. | 0.58% | 165,453 | $12.0M | Reduce -75.2% |
| DLB Dolby Laboratories Inc. Class A | 0.54% | 132,786 | $11.1M | Add +25.3% |
| ANSS Ansys Inc. | 0.52% | 30,915 | $10.7M | Add +3.5% |
| CSGP Costar Group Inc. | 0.49% | 104,946 | $10.1M | Add +51.8% |
| MA Mastercard Inc. Class A | 0.46% | 19,579 | $9.4M | Reduce -0.7% |
| TEL Te Connectivity Ltd. | 0.43% | 60,644 | $8.8M | Reduce -1.1% |
| CSL Carlisle Cos Inc. | 0.42% | 22,302 | $8.7M | Add +3.8% |
| A Agilent Technologies Inc. | 0.40% | 56,992 | $8.3M | Add +7.8% |
| ROK Rockwell Automation Inc. | 0.40% | 28,457 | $8.3M | Add +27.1% |
| RYAAY Ryanair Holdings PLC-SP ADR | 0.40% | 56,553 | $8.2M | Reduce -37.5% |
| ADBE Adobe Inc. | 0.39% | 16,003 | $8.1M | Add +7.8% |
| ZTS Zoetis Inc. | 0.38% | 46,012 | $7.8M | Add +24.4% |
| VEEV Veeva Systems Inc. Class A | 0.36% | 32,370 | $7.5M | Add +56.2% |
| APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC | 0.36% | 92,620 | $7.4M | Add +3.1% |
| ORLY O'reilly Automotive Inc. | 0.35% | 6,399 | $7.2M | Add +7.8% |
| SYK Stryker Corp. | 0.35% | 19,990 | $7.2M | Add +7.8% |
| IDXX Idexx Laboratories Inc. | 0.34% | 12,818 | $6.9M | Add +7.8% |
| TW Tradeweb Markets Inc. Class A | 0.33% | 66,165 | $6.9M | Add +7.8% |
| ASML ASML Holding NV-NY Reg SHS | 0.33% | 7,044 | $6.8M | Add +7.8% |
| ALC Alcon Inc. filed as ALCON AG | 0.33% | 81,394 | $6.8M | Add +7.8% |
| BDX Becton Dickinson and Co. | 0.33% | 27,121 | $6.7M | Reduce -86.1% |
| CDNS Cadence Design SYS Inc. | 0.32% | 21,189 | $6.6M | Add +7.8% |
| ACN Accenture PLC Class A | 0.26% | 15,191 | $5.3M | Reduce -0.9% |
| WST West Pharmaceutical Services | 0.24% | 12,634 | $5.0M | Add +7.8% |
| INDA iShares MSCI India ETF | 0.22% | 88,380 | $4.6M | Reduce -58.0% |
| TT Trane Technologies PLC | 0.16% | 11,155 | $3.3M | Add +3.1% |
| KSA Ishrs MSCI Saudi Arabia ETF | 0.11% | 52,984 | $2.3M | Reduce -38.6% |
| HDB HDFC Bank Ltd.-ADR | 0.08% | 31,163 | $1.7M | Reduce -77.4% |
| HTHT H World Group Ltd.-ADR | 0.00% | 1,615 | $63K | Reduce -98.6% |
Portfolio Sells Q4 2023 → Q1 2024
| ABEV Ambev SA-ADR | Sold out | 0.00% | −2.15 |
| BDX Becton Dickinson and Co. | Reduce -86.1% | 0.33% | −2.00 |
| EL Estee Lauder Companies Class A | Sold out | 0.00% | −1.71 |
| SCHW Schwab (charles) Corp. | Reduce -75.2% | 0.58% | −1.66 |
| PDD PDD Holdings Inc. | Reduce -34.5% | 1.37% | −1.27 |
| CCEP Coca-Cola Europacific Partne | Sold out | 0.00% | −0.61 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −0.38 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −0.38 |
| HDB HDFC Bank Ltd.-ADR | Reduce -77.4% | 0.08% | −0.37 |
| INDA iShares MSCI India ETF | Reduce -58.0% | 0.22% | −0.28 |
| TCOM Trip.com Group Ltd.-ADR | Reduce -29.9% | 1.32% | −0.23 |
| HTHT H World Group Ltd.-ADR | Reduce -98.6% | 0.00% | −0.19 |
| RYAAY Ryanair Holdings PLC-SP ADR | Reduce -37.5% | 0.40% | −0.19 |
| AER Aercap Holdings NV | Sold out | 0.00% | −0.11 |
| QGEN Qiagen NV | Sold out | 0.00% | −0.07 |
| JNJ Johnson & Johnson | Reduce -3.1% | 2.71% | −0.07 |
| KSA Ishrs MSCI Saudi Arabia ETF | Reduce -38.6% | 0.11% | −0.06 |
| SONY Sony Group Corp. - SP ADR | Sold out | 0.00% | −0.03 |
| BKLN Invesco Senior Loan ETF | Sold out | 0.00% | −0.02 |
| ACN Accenture PLC Class A | Reduce -0.9% | 0.26% | −0.01 |
| TEL Te Connectivity Ltd. | Reduce -1.1% | 0.43% | +0.01 |
| MA Mastercard Inc. Class A | Reduce -0.7% | 0.46% | +0.05 |
| WM Waste Management Inc. | Reduce -3.2% | 0.71% | +0.09 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -1.9% | 1.10% | +0.24 |
Portfolio Buys Q4 2023 → Q1 2024
| ALGN Align Technology Inc. | Add +746.6% | 1.93% | +1.74 |
| CX Cemex Sab-Spons ADR Part Cer | New | 1.30% | +1.30 |
| GOOGL Alphabet Inc. Class A | Add +18.9% | 5.41% | +1.18 |
| MNST Monster Beverage Corp. | Add +261.3% | 1.41% | +1.03 |
| MSFT Microsoft Corp. | Add +1.6% | 8.59% | +1.00 |
| MSI Motorola Solutions Inc. | New | 0.94% | +0.94 |
| ICLR Icon PLC | Add +3.9% | 4.40% | +0.81 |
| V Visa Inc. Class A | Add +0.2% | 9.16% | +0.59 |
| FRSH Freshworks Inc. Class A | Add +107.3% | 1.20% | +0.45 |
| NTES Netease Inc.-ADR | Add +5.3% | 2.64% | +0.37 |
| ADSK Autodesk Inc. | Add +1.9% | 4.47% | +0.35 |
| ADP Automatic Data Processing | Add +4.3% | 2.98% | +0.30 |
| EDU New Oriental Educatio-SP ADR | Add +2.2% | 1.74% | +0.30 |
| INTU Intuit Inc. | Add +2.4% | 4.58% | +0.26 |
| TXN Texas Instruments Inc. | Add +56.2% | 0.60% | +0.22 |
| BKNG Booking Holdings Inc. | Add +1.7% | 5.92% | +0.20 |
| CSGP Costar Group Inc. | Add +51.8% | 0.49% | +0.20 |
| CHKP Check Point Software Tech | Add +0.6% | 2.76% | +0.19 |
| VEEV Veeva Systems Inc. Class A | Add +56.2% | 0.36% | +0.17 |
| NEE Nextera Energy Inc. | Add +18.0% | 0.58% | +0.11 |
| CSL Carlisle Cos Inc. | Add +3.8% | 0.42% | +0.10 |
| DLB Dolby Laboratories Inc. Class A | Add +25.3% | 0.54% | +0.09 |
| ASML ASML Holding NV-NY Reg SHS | Add +7.8% | 0.33% | +0.09 |
| MCO Moody's Corp. | Add +2.4% | 3.42% | +0.08 |
| SYK Stryker Corp. | Add +7.8% | 0.35% | +0.08 |
| ORLY O'reilly Automotive Inc. | Add +7.8% | 0.35% | +0.08 |
| ROK Rockwell Automation Inc. | Add +27.1% | 0.40% | +0.06 |
| TW Tradeweb Markets Inc. Class A | Add +7.8% | 0.33% | +0.06 |
| CDNS Cadence Design SYS Inc. | Add +7.8% | 0.32% | +0.06 |
| A Agilent Technologies Inc. | Add +7.8% | 0.40% | +0.04 |
| WST West Pharmaceutical Services | Add +7.8% | 0.24% | +0.04 |
| ALC Alcon Inc. | Add +7.8% | 0.33% | +0.04 |
| TT Trane Technologies PLC | Add +3.1% | 0.16% | +0.03 |
| ZTS Zoetis Inc. | Add +24.4% | 0.38% | +0.02 |
| IDXX Idexx Laboratories Inc. | Add +7.8% | 0.34% | +0.01 |
| TX Ternium SA-Sponsored ADR | Add +2.3% | 1.50% | −0.00 |
| ANSS Ansys Inc. | Add +3.5% | 0.52% | −0.01 |
| PM Philip Morris International | Add +2.5% | 2.76% | −0.02 |
| SPGI S&P Global Inc. | Add +3.1% | 2.90% | −0.03 |
| APTV Aptiv Irish Holdings Ltd. | Add +3.1% | 0.36% | −0.04 |
| ADBE Adobe Inc. | Add +7.8% | 0.39% | −0.04 |
| EA Electronic Arts Inc. | Add +2.1% | 2.64% | −0.04 |
| FDS Factset Research Systems Inc. | Add +2.8% | 2.71% | −0.07 |
| BEKE Ke Holdings Inc.-ADR | Add +2.2% | 0.90% | −0.14 |
| VRSN Verisign Inc. | Add +2.0% | 3.63% | −0.26 |
| VALE Vale SA-SP ADR | Add +1.1% | 1.82% | −0.53 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 106 | $2.1B | V, PM, GOOGL, MSFT, BKNG |
| Q1 2026 | 100 | $2.2B | V, PM, GOOGL, MSFT, MA |
| Q4 2025 | 102 | $2.5B | V, GOOGL, MSFT, PM, MA |
| Q3 2025Amended | 70 | $2.2B | V, MSFT, PM, ADSK, GOOGL |
| Q2 2025 | 65 | $2.0B | V, MSFT, PM, BKNG, ADSK |
| Q1 2025 | 68 | $1.5B | V, PM, MA, MSFT, ICLR |
| Q4 2024 | 71 | $1.6B | V, MSFT, TSM, PM, ADSK |
| Q3 2024 | 66 | $1.5B | V, MSFT, PM, BKNG, ADSK |
| Q2 2024 | 62 | $2.0B | MSFT, V, BKNG, GOOGL, ADSK |
| Q1 2024 | 61 | $2.1B | V, MSFT, BKNG, GOOGL, INTU |