Ninety One North America, Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 27, 2025), Ninety One North America, Inc. reported 71 stock positions worth $1.6 billion. Its top holding was Visa Class A (V) at 7.5% of the portfolio, followed by Microsoft (MSFT, 5.2%) and Taiwan Semiconductor-SP ADR (TSM, 5.1%). Compared with Q3 2024, it opened 7 new positions, sold out of 2, added to 24 and reduced 39. The biggest buy was iShares MSCI India ETF (INDA, shares +2929%) and the biggest sale Booking (BKNG, shares −31%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001633343
- Portfolio Value
- $1.6B (Q4 2024)
- SEC Filing
- 0001140361-25-001954 ↗ filed Jan 27, 2025
Holdings Value
Holdings 71 stocks · $1.6B
| V Visa Inc. Class A | 7.52% | 384,127 | $121.4M | Reduce -8.8% |
| MSFT Microsoft Corp. | 5.23% | 200,417 | $84.5M | Reduce -4.4% |
| TSM Taiwan Semiconductor-SP ADR | 5.12% | 419,085 | $82.8M | Add +24.2% |
| PM Philip Morris International | 4.74% | 636,336 | $76.6M | Add +3.4% |
| ADSK Autodesk Inc. | 4.20% | 229,282 | $67.8M | Reduce -2.1% |
| ICLR Icon PLC | 3.99% | 307,373 | $64.5M | Add +41.5% |
| BKNG Booking Holdings Inc. | 3.64% | 11,826 | $58.8M | Reduce -31.4% |
| GOOGL Alphabet Inc. Class A | 3.21% | 274,096 | $51.9M | Reduce -4.0% |
| INTU Intuit Inc. | 3.05% | 78,438 | $49.3M | Reduce -4.0% |
| MA Mastercard Inc. Class A | 3.04% | 93,385 | $49.2M | Add +102.3% |
| VRSN Verisign Inc. | 2.87% | 224,106 | $46.4M | Reduce -4.0% |
| TCOM Trip.com Group Ltd.-ADR | 2.65% | 622,663 | $42.8M | Add +0.8% |
| ADP Automatic Data Processing | 2.58% | 142,405 | $41.7M | Reduce -4.9% |
| MCO Moody's Corp. | 2.57% | 87,633 | $41.5M | Reduce -4.1% |
| BAP Credicorp Ltd. | 2.48% | 218,943 | $40.1M | Add +0.8% |
| CHKP Check Point Software Tech | 2.31% | 199,703 | $37.3M | Reduce -4.0% |
| EA Electronic Arts Inc. | 2.21% | 243,507 | $35.6M | Reduce -4.0% |
| INDA iShares MSCI India ETF | 2.11% | 647,858 | $34.1M | Add +2928.7% |
| FDS Factset Research Systems Inc. | 1.90% | 64,043 | $30.8M | Reduce -4.0% |
| SE Sea Ltd.-ADR | 1.89% | 287,713 | $30.5M | New |
| NTES Netease Inc.-ADR | 1.86% | 337,536 | $30.1M | Reduce -2.3% |
| BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC | 1.84% | 1,615,517 | $29.8M | Add +0.8% |
| ACN Accenture PLC Class A | 1.74% | 79,980 | $28.1M | Add +94.0% |
| JNJ Johnson & Johnson | 1.70% | 189,812 | $27.5M | Reduce -4.6% |
| EW Edwards Lifesciences Corp. | 1.62% | 354,003 | $26.2M | Reduce -4.1% |
| SPGI S&P Global Inc. | 1.59% | 51,568 | $25.7M | Reduce -32.9% |
| TX Ternium SA-Sponsored ADR | 1.55% | 863,284 | $25.1M | Add +0.7% |
| VALE Vale SA-SP ADR | 1.55% | 2,820,592 | $25.0M | Add +0.7% |
| NEE Nextera Energy Inc. | 1.52% | 341,823 | $24.5M | Add +7.2% |
| VIST Vista Energy Sab DE CV | 1.45% | 432,512 | $23.4M | New |
| FMX Fomento Economico Mex-SP ADR | 1.33% | 250,422 | $21.4M | Add +0.6% |
| MNST Monster Beverage Corp. | 1.29% | 395,806 | $20.8M | Reduce -4.1% |
| WM Waste Management Inc. | 1.25% | 100,008 | $20.2M | Add +0.7% |
| ANSS Ansys Inc. | 1.16% | 55,430 | $18.7M | Add +0.4% |
| CPNG Coupang Inc. | 1.15% | 848,029 | $18.6M | New |
| MSI Motorola Solutions Inc. | 0.98% | 34,275 | $15.8M | Reduce -4.1% |
| TEL Te Connectivity PLC | 0.91% | 102,503 | $14.7M | Add +2.3% |
| ALGN Align Technology Inc. | 0.80% | 61,792 | $12.9M | Reduce -4.1% |
| KT KT Corp.-SP ADR | 0.79% | 821,472 | $12.7M | New |
| ACM Aecom | 0.71% | 107,777 | $11.5M | Add +24.8% |
| APTV Aptiv PLC | 0.71% | 189,967 | $11.5M | Add +2.6% |
| TTEK Tetra Tech Inc. | 0.67% | 272,713 | $10.9M | Add +2.6% |
| ROK Rockwell Automation Inc. | 0.61% | 34,632 | $9.9M | Add +3.8% |
| BN Brookfield Corp. | 0.56% | 158,195 | $9.1M | New |
| PG The Procter & Gamble Co. | 0.51% | 49,173 | $8.2M | Reduce -11.6% |
| IBN Icici Bank Ltd.-Spon ADR | 0.48% | 257,219 | $7.7M | Add +177.3% |
| MELI MercadoLibre Inc. | 0.30% | 2,895 | $4.9M | New |
| HDB HDFC Bank Ltd.-ADR | 0.25% | 63,976 | $4.1M | Add +13.9% |
| FTI Technipfmc PLC | 0.23% | 130,767 | $3.8M | Reduce -1.0% |
| EMBJ Embraer SA-Spon ADR | 0.19% | 84,451 | $3.1M | Add +14.4% |
| ASX Ase Technology Holding -ADR | 0.18% | 291,430 | $2.9M | Add +14.4% |
| ICE Intercontinental Exchange Inc. | 0.11% | 11,756 | $1.8M | Reduce -11.6% |
| AON Aon PLC Class A | 0.10% | 4,551 | $1.6M | Reduce -11.6% |
| UNH Unitedhealth Group Inc. | 0.09% | 3,020 | $1.5M | Reduce -11.6% |
| ABT Abbott Laboratories | 0.09% | 12,145 | $1.4M | Reduce -11.6% |
| BDX Becton Dickinson and Co. | 0.08% | 5,874 | $1.3M | Reduce -11.6% |
| TMO Thermo Fisher Scientific Inc. | 0.08% | 2,557 | $1.3M | Reduce -11.6% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.08% | 4,558 | $1.3M | Reduce -11.6% |
| KO The Coca-Cola Co. | 0.08% | 19,742 | $1.2M | Reduce -11.6% |
| ROP Roper Technologies Inc. | 0.06% | 1,957 | $1.0M | Reduce -11.6% |
| CME Cme Group Inc. | 0.06% | 4,211 | $978K | Reduce -11.6% |
| EFX Equifax Inc. | 0.06% | 3,575 | $911K | Reduce -11.6% |
| OTIS Otis Worldwide Corp. | 0.04% | 7,525 | $697K | Reduce -11.6% |
| BR Broadridge Financial Solutio | 0.04% | 2,943 | $665K | Reduce -11.6% |
| HOLX Hologic Inc. | 0.04% | 8,398 | $605K | Reduce -11.6% |
| CDW CDW Corp. | 0.04% | 3,268 | $569K | Reduce -11.6% |
| ZTS Zoetis Inc. | 0.03% | 3,282 | $535K | Reduce -11.6% |
| STE Steris PLC | 0.03% | 2,379 | $489K | Reduce -11.6% |
| SRLN SS Blackstone Sr Loan ETF | 0.03% | 10,600 | $442K | New |
| BKLN Invesco Senior Loan ETF | 0.03% | 20,000 | $421K | No change |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 0.01% | 1,200 | $210K | Reduce -11.6% |
Portfolio Sells Q3 2024 → Q4 2024
| BKNG Booking Holdings Inc. | Reduce -31.4% | 3.64% | −1.29 |
| SPGI S&P Global Inc. | Reduce -32.9% | 1.59% | −1.11 |
| MSFT Microsoft Corp. | Reduce -4.4% | 5.23% | −0.90 |
| JNJ Johnson & Johnson | Reduce -4.6% | 1.70% | −0.49 |
| TT Trane Technologies PLC | Sold out | 0.00% | −0.46 |
| CHKP Check Point Software Tech | Reduce -4.0% | 2.31% | −0.42 |
| INTU Intuit Inc. | Reduce -4.0% | 3.05% | −0.40 |
| MCO Moody's Corp. | Reduce -4.1% | 2.57% | −0.38 |
| V Visa Inc. Class A | Reduce -8.8% | 7.52% | −0.35 |
| NTES Netease Inc.-ADR | Reduce -2.3% | 1.86% | −0.33 |
| ALGN Align Technology Inc. | Reduce -4.1% | 0.80% | −0.32 |
| EA Electronic Arts Inc. | Reduce -4.0% | 2.21% | −0.27 |
| ADP Automatic Data Processing | Reduce -4.9% | 2.58% | −0.23 |
| ADSK Autodesk Inc. | Reduce -2.1% | 4.20% | −0.19 |
| KSA Ishrs MSCI Saudi Arabia ETF | Sold out | 0.00% | −0.18 |
| FDS Factset Research Systems Inc. | Reduce -4.0% | 1.90% | −0.18 |
| MNST Monster Beverage Corp. | Reduce -4.1% | 1.29% | −0.17 |
| PG The Procter & Gamble Co. | Reduce -11.6% | 0.51% | −0.14 |
| VRSN Verisign Inc. | Reduce -4.0% | 2.87% | −0.14 |
| MSI Motorola Solutions Inc. | Reduce -4.1% | 0.98% | −0.11 |
| UNH Unitedhealth Group Inc. | Reduce -11.6% | 0.09% | −0.04 |
| TMO Thermo Fisher Scientific Inc. | Reduce -11.6% | 0.08% | −0.04 |
| ICE Intercontinental Exchange Inc. | Reduce -11.6% | 0.11% | −0.04 |
| KO The Coca-Cola Co. | Reduce -11.6% | 0.08% | −0.03 |
| EW Edwards Lifesciences Corp. | Reduce -4.1% | 1.62% | −0.03 |
| BDX Becton Dickinson and Co. | Reduce -11.6% | 0.08% | −0.03 |
| EFX Equifax Inc. | Reduce -11.6% | 0.06% | −0.02 |
| CDW CDW Corp. | Reduce -11.6% | 0.04% | −0.02 |
| ABT Abbott Laboratories | Reduce -11.6% | 0.09% | −0.02 |
| ROP Roper Technologies Inc. | Reduce -11.6% | 0.06% | −0.02 |
| AON Aon PLC Class A | Reduce -11.6% | 0.10% | −0.02 |
| AJG Arthur J Gallagher & Co. | Reduce -11.6% | 0.08% | −0.02 |
| OTIS Otis Worldwide Corp. | Reduce -11.6% | 0.04% | −0.02 |
| ZTS Zoetis Inc. | Reduce -11.6% | 0.03% | −0.02 |
| HOLX Hologic Inc. | Reduce -11.6% | 0.04% | −0.02 |
| STE Steris PLC | Reduce -11.6% | 0.03% | −0.01 |
| CME Cme Group Inc. | Reduce -11.6% | 0.06% | −0.01 |
| BR Broadridge Financial Solutio | Reduce -11.6% | 0.04% | −0.01 |
| GOOGL Alphabet Inc. Class A | Reduce -4.0% | 3.21% | −0.01 |
| JKHY Jack Henry & Associates Inc. | Reduce -11.6% | 0.01% | −0.00 |
| FTI Technipfmc PLC | Reduce -1.0% | 0.23% | −0.00 |
Portfolio Buys Q3 2024 → Q4 2024
| INDA iShares MSCI India ETF | Add +2928.7% | 2.11% | +2.03 |
| SE Sea Ltd.-ADR | New | 1.89% | +1.89 |
| MA Mastercard Inc. Class A | Add +102.3% | 3.04% | +1.50 |
| VIST Vista Energy Sab DE CV | New | 1.45% | +1.45 |
| CPNG Coupang Inc. | New | 1.15% | +1.15 |
| TSM Taiwan Semiconductor-SP ADR | Add +24.2% | 5.12% | +1.14 |
| KT KT Corp.-SP ADR | New | 0.79% | +0.79 |
| ACN Accenture PLC Class A | Add +94.0% | 1.74% | +0.75 |
| BN Brookfield Corp. | New | 0.56% | +0.56 |
| MELI MercadoLibre Inc. | New | 0.30% | +0.30 |
| IBN Icici Bank Ltd.-Spon ADR | Add +177.3% | 0.48% | +0.29 |
| TCOM Trip.com Group Ltd.-ADR | Add +0.8% | 2.65% | +0.15 |
| ACM Aecom | Add +24.8% | 0.71% | +0.11 |
| SRLN SS Blackstone Sr Loan ETF | New | 0.03% | +0.03 |
| EMBJ Embraer SA-Spon ADR | Add +14.4% | 0.19% | +0.01 |
| HDB HDFC Bank Ltd.-ADR | Add +13.9% | 0.25% | +0.01 |
| ASX Ase Technology Holding -ADR | Add +14.4% | 0.18% | +0.01 |
| ROK Rockwell Automation Inc. | Add +3.8% | 0.61% | +0.00 |
| ANSS Ansys Inc. | Add +0.4% | 1.16% | −0.04 |
| TEL Te Connectivity PLC | Add +2.3% | 0.91% | −0.12 |
| WM Waste Management Inc. | Add +0.7% | 1.25% | −0.15 |
| TTEK Tetra Tech Inc. | Add +2.6% | 0.67% | −0.18 |
| BAP Credicorp Ltd. | Add +0.8% | 2.48% | −0.19 |
| APTV Aptiv PLC | Add +2.6% | 0.71% | −0.19 |
| ICLR Icon PLC | Add +41.5% | 3.99% | −0.25 |
| NEE Nextera Energy Inc. | Add +7.2% | 1.52% | −0.31 |
| BEKE Ke Holdings Inc.-ADR | Add +0.8% | 1.84% | −0.33 |
| PM Philip Morris International | Add +3.4% | 4.74% | −0.33 |
| FMX Fomento Economico Mex-SP ADR | Add +0.6% | 1.33% | −0.34 |
| TX Ternium SA-Sponsored ADR | Add +0.7% | 1.55% | −0.59 |
| VALE Vale SA-SP ADR | Add +0.7% | 1.55% | −0.67 |
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 |