Northcape Capital Pty Ltd
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 11, 2024), Northcape Capital Pty Ltd reported 34 stock positions worth $675.3 million. Its top holding was MercadoLibre (MELI) at 25.7% of the portfolio, followed by America Movil-SPN ADR Class L (AMOV, 24.9%) and HDFC Bank Ltd.-ADR (HDB, 21.3%). Compared with Q2 2024, it opened 3 new positions, added to 7 and reduced 24. The biggest buy was Grupo Aeroportuario Pac-ADR (PAC, shares +2%) and the biggest sale HDFC Bank Ltd.-ADR (HDB, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- SYDNEY, C3
- CIK
- 0001686776
- Portfolio Value
- $675.3M (Q3 2024)
- SEC Filing
- 0001686776-24-000011 ↗ filed Oct 11, 2024
Holdings Value
Holdings 34 stocks · $675.3M
| MELI MercadoLibre Inc. | 25.74% | 84,723 | $173.8M | Reduce -11.2% |
| AMOV America Movil-SPN ADR Class L | 24.88% | 10,270,118 | $168.0M | Add +2.4% |
| HDB HDFC Bank Ltd.-ADR | 21.27% | 2,296,460 | $143.7M | Reduce -4.1% |
| ITUB Itau Unibanco H-Spon PRF ADR | 8.98% | 9,122,017 | $60.7M | Reduce -4.6% |
| FMX Fomento Economico Mex-SP ADR | 5.06% | 346,169 | $34.2M | Add +0.9% |
| PAC Grupo Aeroportuario Pac-ADR | 4.24% | 164,368 | $28.6M | Add +1.6% |
| TLK Telkom Indonesia Persero-ADR filed as P T TELEKOMUNIKASI INDONESIA | 1.32% | 452,210 | $8.9M | Reduce -20.1% |
| NVDA Nvidia Corp. | 0.96% | 53,636 | $6.5M | Reduce -2.7% |
| GOOGL Alphabet Inc. Class A | 0.73% | 29,757 | $4.9M | Add +3.6% |
| MICROSOFT | 0.56% | 8,764 | $3.8M | Reduce -5.2% |
| SALES FORCE INC | 0.55% | 13,522 | $3.7M | Reduce -15.3% |
| V Visa Inc. Class A | 0.53% | 12,896 | $3.5M | Reduce -19.4% |
| ZOETIS INC | 0.48% | 16,740 | $3.3M | Reduce -28.8% |
| SPGI S&P Global Inc. | 0.48% | 6,267 | $3.2M | Reduce -16.4% |
| CME GROUP INC | 0.44% | 13,504 | $3.0M | Reduce -14.0% |
| AMT American Tower Corp. | 0.36% | 10,326 | $2.4M | Reduce -32.2% |
| BDX Becton Dickinson and Co. | 0.36% | 9,957 | $2.4M | Reduce -18.1% |
| CLH Clean Harbors Inc. | 0.34% | 9,613 | $2.3M | New |
| MRSH Marsh & McLennan Cos | 0.30% | 9,201 | $2.1M | Reduce -48.2% |
| ADVANCED DRAINAGE SYSTEMS | 0.29% | 12,493 | $2.0M | Add +6.3% |
| ADBE Adobe Inc. | 0.27% | 3,570 | $1.8M | Reduce -9.9% |
| URI United Rentals Inc. | 0.26% | 2,196 | $1.8M | Reduce -38.1% |
| VTMX Corp. Inmobiliaria Vesta-ADR filed as VESTA REAL ESTATE CORP | 0.24% | 21,088 | $1.6M | Add +6.9% |
| EA Electronic Arts Inc. | 0.23% | 10,917 | $1.6M | Reduce -30.4% |
| GXO Gxo Logistics Inc. | 0.22% | 28,095 | $1.5M | Reduce -16.9% |
| THERMO FISHER SCIENTIFIC INC | 0.14% | 1,570 | $971K | Reduce -60.6% |
| DE Deere & Co. | 0.14% | 2,222 | $927K | Add +17.3% |
| CHURCH & DWIGHT COMPANY | 0.10% | 6,566 | $688K | Reduce -15.2% |
| NKE Nike Inc. Class B | 0.10% | 7,787 | $688K | Reduce -15.1% |
| HD Home Depot Inc. | 0.10% | 1,635 | $663K | New |
| CL Colgate-Palmolive Co. | 0.09% | 5,730 | $595K | Reduce -35.3% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.08% | 5,727 | $571K | New |
| ISRG Intuitive Surgical Inc. | 0.08% | 1,119 | $550K | Reduce -37.7% |
| ENPHASE ENERGY | 0.05% | 3,186 | $360K | Reduce -60.2% |
Portfolio Sells Q2 2024 → Q3 2024
| HDB HDFC Bank Ltd.-ADR | Reduce -4.1% | 21.27% | −1.63 |
| MRSH Marsh & McLennan Cos | Reduce -48.2% | 0.30% | −0.25 |
| TLK Telkom Indonesia Persero-ADR | Reduce -20.1% | 1.32% | −0.25 |
| THERMO FISHER SCIENTIFIC INC | Reduce -60.6% | 0.14% | −0.18 |
| ZOETIS INC | Reduce -28.8% | 0.48% | −0.12 |
| V Visa Inc. Class A | Reduce -19.4% | 0.53% | −0.10 |
| EA Electronic Arts Inc. | Reduce -30.4% | 0.23% | −0.09 |
| AMT American Tower Corp. | Reduce -32.2% | 0.36% | −0.08 |
| URI United Rentals Inc. | Reduce -38.1% | 0.26% | −0.08 |
| BDX Becton Dickinson and Co. | Reduce -18.1% | 0.36% | −0.07 |
| ENPHASE ENERGY | Reduce -60.2% | 0.05% | −0.07 |
| SALES FORCE INC | Reduce -15.3% | 0.55% | −0.06 |
| MICROSOFT | Reduce -5.2% | 0.56% | −0.06 |
| ADBE Adobe Inc. | Reduce -9.9% | 0.27% | −0.05 |
| NVDA Nvidia Corp. | Reduce -2.7% | 0.96% | −0.05 |
| CL Colgate-Palmolive Co. | Reduce -35.3% | 0.09% | −0.04 |
| ISRG Intuitive Surgical Inc. | Reduce -37.7% | 0.08% | −0.04 |
| GXO Gxo Logistics Inc. | Reduce -16.9% | 0.22% | −0.04 |
| CME GROUP INC | Reduce -14.0% | 0.44% | −0.02 |
| SPGI S&P Global Inc. | Reduce -16.4% | 0.48% | −0.02 |
| CHURCH & DWIGHT COMPANY | Reduce -15.2% | 0.10% | −0.02 |
| NKE Nike Inc. Class B | Reduce -15.1% | 0.10% | −0.00 |
| ITUB Itau Unibanco H-Spon PRF ADR | Reduce -4.6% | 8.98% | +0.68 |
| MELI MercadoLibre Inc. | Reduce -11.2% | 25.74% | +2.44 |
Portfolio Buys Q2 2024 → Q3 2024
| PAC Grupo Aeroportuario Pac-ADR | Add +1.6% | 4.24% | +0.49 |
| CLH Clean Harbors Inc. | New | 0.34% | +0.34 |
| HD Home Depot Inc. | New | 0.10% | +0.10 |
| EL Estee Lauder Companies Class A | New | 0.08% | +0.08 |
| VTMX Corp. Inmobiliaria Vesta-ADR | Add +6.9% | 0.24% | +0.07 |
| DE Deere & Co. | Add +17.3% | 0.14% | +0.03 |
| ADVANCED DRAINAGE SYSTEMS | Add +6.3% | 0.29% | +0.01 |
| GOOGL Alphabet Inc. Class A | Add +3.6% | 0.73% | −0.05 |
| FMX Fomento Economico Mex-SP ADR | Add +0.9% | 5.06% | −0.43 |
| AMOV America Movil-SPN ADR Class L | Add +2.4% | 24.88% | −0.47 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 8 | $741.8M | AMOV, MELI, HDB, ITUB, FMX |
| Q1 2026 | 8 | $866.7M | AMOV, MELI, HDB, ITUB, FMX |
| Q4 2025 | 8 | $866.9M | MELI, AMOV, HDB, ITUB, PAC |
| Q3 2025 | 8 | $723.4M | AMOV, MELI, HDB, ITUB, PAC |
| Q2 2025 | 8 | $785.7M | HDB, MELI, AMOV, ITUB, PAC |
| Q4 2024 | 31 | $625.3M | HDB, AMOV, MELI, ITUB, PAC |
| Q3 2024 | 34 | $675.3M | MELI, AMOV, HDB, ITUB, FMX |
| Q2 2024 | 31 | $672.8M | AMOV, MELI, HDB, ITUB, FMX |
| Q1 2024 | 30 | $870.3M | TSM, AMOV, MELI, HDB, ITUB |