NS Partners Ltd
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 8, 2024), NS Partners Ltd reported 74 stock positions worth $2.2 billion. Its top holding was Microsoft (MSFT) at 10.6% of the portfolio, followed by Nvidia (NVDA, 8.5%) and Alphabet Class C (GOOG, 5.7%). Compared with Q1 2024, it opened 2 new positions, sold out of 3, added to 28 and reduced 39. The biggest buy was Apple (AAPL, shares +0%) and the biggest sale Ke Holdings Inc.-ADR (BEKE, shares −97%).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001657111
- Portfolio Value
- $2.2B (Q2 2024)
- SEC Filing
- 0001657111-24-000002 ↗ filed Aug 8, 2024
Holdings Value
Holdings 74 stocks · $2.2B
| MSFT Microsoft Corp. | 10.59% | 522,654 | $233.6M | Reduce -0.3% |
| NVDA Nvidia Corp. | 8.52% | 1,521,464 | $188.0M | Reduce -7.1% |
| GOOG Alphabet Inc. Class C | 5.65% | 679,797 | $124.7M | Reduce -1.0% |
| AAPL Apple Inc. | 5.43% | 568,943 | $119.8M | Add +0.5% |
| AMZN Amazon.com Inc. | 3.97% | 452,879 | $87.5M | Add +0.3% |
| META Meta Platforms Inc. Class A | 3.72% | 162,582 | $82.0M | Add +0.3% |
| INTU Intuit Inc. | 2.96% | 99,485 | $65.4M | Add +4.2% |
| MA Mastercard Inc. Class A | 2.20% | 110,193 | $48.6M | Reduce -1.4% |
| TCOM Trip.com Group Ltd.-ADR | 2.16% | 1,012,000 | $47.6M | Reduce -4.1% |
| V Visa Inc. Class A | 2.07% | 173,711 | $45.6M | Add +0.8% |
| UNH Unitedhealth Group Inc. | 1.86% | 80,336 | $40.9M | Reduce -1.7% |
| ADBE Adobe Inc. | 1.72% | 68,450 | $38.0M | Add +26.9% |
| SYK Stryker Corp. | 1.72% | 111,578 | $38.0M | Reduce -9.0% |
| SPGI S&P Global Inc. | 1.70% | 83,807 | $37.4M | Reduce -0.5% |
| MAR Marriott International Class A | 1.65% | 150,799 | $36.5M | Reduce -6.3% |
| JPM JPMorgan Chase & Co. | 1.61% | 175,372 | $35.5M | Reduce -1.1% |
| MSCI MSCI Inc. | 1.60% | 73,215 | $35.3M | Reduce -0.3% |
| TMUS T-Mobile US Inc. | 1.58% | 198,349 | $34.9M | Add +2.9% |
| NEE Nextera Energy Inc. | 1.54% | 478,267 | $33.9M | Reduce -0.7% |
| PBR Petroleo Brasileiro-Spon ADR | 1.51% | 2,295,858 | $33.3M | Reduce -4.5% |
| VRSK Verisk Analytics Inc. | 1.48% | 121,140 | $32.7M | Reduce -0.1% |
| ISRG Intuitive Surgical Inc. | 1.45% | 71,886 | $32.0M | Add +0.4% |
| MCO Moody's Corp. | 1.44% | 75,351 | $31.7M | Reduce -1.3% |
| MCD McDonald's Corp. | 1.41% | 122,122 | $31.1M | Reduce -5.9% |
| KO The Coca-Cola Co. | 1.40% | 485,142 | $30.9M | Reduce -2.5% |
| ZTS Zoetis Inc. | 1.28% | 162,971 | $28.3M | Add +26.1% |
| BSX Boston Scientific Corp. | 1.26% | 359,551 | $27.7M | Add +0.5% |
| CRM Salesforce Inc. | 1.16% | 99,282 | $25.5M | Add +0.6% |
| ITUB Itau Unibanco H-Spon PRF ADR | 1.08% | 4,067,553 | $23.8M | Reduce -3.4% |
| YUM Yum! Brands Inc. | 1.06% | 176,573 | $23.4M | Reduce -8.0% |
| EQIX Equinix Inc. | 1.05% | 30,651 | $23.2M | Reduce -0.6% |
| PEP Pepsico Inc. | 1.05% | 140,415 | $23.2M | Reduce -2.1% |
| EFX Equifax Inc. | 1.02% | 92,916 | $22.5M | Add +0.6% |
| BKNG Booking Holdings Inc. | 0.97% | 5,372 | $21.3M | Reduce -0.3% |
| ADP Automatic Data Processing | 0.96% | 89,030 | $21.3M | Reduce -0.3% |
| HON Honeywell International Inc. | 0.88% | 90,462 | $19.3M | Add +0.2% |
| VRSN Verisign Inc. | 0.86% | 106,232 | $18.9M | Add +0.7% |
| EW Edwards Lifesciences Corp. | 0.86% | 204,471 | $18.9M | Add +0.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.85% | 472,523 | $18.8M | Add +0.0% |
| IDXX Idexx Laboratories Inc. | 0.85% | 38,549 | $18.8M | Add +0.4% |
| MKC McCormick & Co.-Non VTG SHRS | 0.83% | 259,511 | $18.4M | Reduce -1.7% |
| NKE Nike Inc. Class B | 0.80% | 233,650 | $17.6M | Add +15.5% |
| MNST Monster Beverage Corp. | 0.79% | 346,707 | $17.3M | Add +0.3% |
| SBUX Starbucks Corp. | 0.76% | 213,961 | $16.7M | Reduce -0.8% |
| ADSK Autodesk Inc. | 0.75% | 66,921 | $16.6M | Add +21.6% |
| BDX Becton Dickinson and Co. | 0.73% | 69,113 | $16.2M | Reduce -0.9% |
| LMT Lockheed Martin Corp. | 0.73% | 34,330 | $16.0M | Reduce -2.5% |
| CCI Crown Castle Inc. | 0.68% | 153,839 | $15.0M | Reduce -0.9% |
| NOC Northrop Grumman Corp. | 0.65% | 33,084 | $14.4M | Reduce -0.6% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.65% | 134,946 | $14.4M | Reduce -0.6% |
| NOW ServiceNow Inc. | 0.61% | 17,072 | $13.4M | New |
| CSGP Costar Group Inc. | 0.60% | 178,581 | $13.2M | Add +0.4% |
| VEEV Veeva Systems Inc. Class A | 0.57% | 68,643 | $12.6M | Add +0.2% |
| JNJ Johnson & Johnson | 0.57% | 85,348 | $12.5M | Reduce -4.5% |
| TRU Transunion | 0.49% | 144,960 | $10.8M | Add +0.3% |
| PYPL PayPal Holdings Inc. | 0.45% | 169,743 | $9.9M | Add +0.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.43% | 54,650 | $9.5M | Reduce -33.3% |
| PM Philip Morris International | 0.41% | 89,778 | $9.1M | Reduce -1.3% |
| KVUE Kenvue Inc. | 0.41% | 499,835 | $9.1M | Reduce -5.7% |
| ALLE Allegion PLC | 0.41% | 76,662 | $9.1M | Add +0.4% |
| BSAC Banco Santander-Chile-ADR | 0.35% | 413,603 | $7.8M | Reduce -15.5% |
| STZ Constellation Brands Inc. Class A | 0.33% | 28,038 | $7.2M | Add +1.1% |
| MASI Masimo Corp. | 0.24% | 42,051 | $5.3M | Add +0.4% |
| ILMN Illumina Inc. | 0.17% | 36,203 | $3.8M | Add +0.4% |
| BABA Alibaba Group Holding-SP ADR | 0.11% | 34,700 | $2.5M | No change |
| BBD Banco Bradesco-ADR | 0.10% | 1,014,490 | $2.3M | Reduce -64.1% |
| VALE Vale SA-SP ADR | 0.05% | 104,700 | $1.2M | No change |
| KSA Ishrs MSCI Saudi Arabia ETF | 0.05% | 25,300 | $1.0M | No change |
| HD Home Depot Inc. | 0.04% | 2,557 | $880K | Reduce -2.4% |
| RYAAY Ryanair Holdings PLC-SP ADR | 0.03% | 5,710 | $665K | No change |
| BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC | 0.03% | 40,800 | $577K | Reduce -97.0% |
| IBN Icici Bank Ltd.-Spon ADR | 0.03% | 19,500 | $562K | New |
| SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE | 0.02% | 11,132 | $454K | Reduce -15.1% |
| NBIS Nebius Group NV filed as YANDEX N V | 0.00% | 33,418 | $0 | No change |
Portfolio Sells Q1 2024 → Q2 2024
| BEKE Ke Holdings Inc.-ADR | Reduce -97.0% | 0.03% | −0.84 |
| HDB HDFC Bank Ltd.-ADR | Sold out | 0.00% | −0.32 |
| EL Estee Lauder Companies Class A | Reduce -0.6% | 0.65% | −0.31 |
| SYK Stryker Corp. | Reduce -9.0% | 1.72% | −0.30 |
| MSCI MSCI Inc. | Reduce -0.3% | 1.60% | −0.30 |
| MA Mastercard Inc. Class A | Reduce -1.4% | 2.20% | −0.27 |
| MCD McDonald's Corp. | Reduce -5.9% | 1.41% | −0.27 |
| BBD Banco Bradesco-ADR | Reduce -64.1% | 0.10% | −0.27 |
| ITUB Itau Unibanco H-Spon PRF ADR | Reduce -3.4% | 1.08% | −0.27 |
| MAR Marriott International Class A | Reduce -6.3% | 1.65% | −0.22 |
| MDT Medtronic PLC | Sold out | 0.00% | −0.18 |
| PBR Petroleo Brasileiro-Spon ADR | Reduce -4.5% | 1.51% | −0.18 |
| YUM Yum! Brands Inc. | Reduce -8.0% | 1.06% | −0.16 |
| SBUX Starbucks Corp. | Reduce -0.8% | 0.76% | −0.15 |
| EQIX Equinix Inc. | Reduce -0.6% | 1.05% | −0.12 |
| EEM iShares MSCI Emerging Market | Sold out | 0.00% | −0.12 |
| KVUE Kenvue Inc. | Reduce -5.7% | 0.41% | −0.11 |
| PEP Pepsico Inc. | Reduce -2.1% | 1.05% | −0.11 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -1.7% | 0.83% | −0.10 |
| BSAC Banco Santander-Chile-ADR | Reduce -15.5% | 0.35% | −0.09 |
| JNJ Johnson & Johnson | Reduce -4.5% | 0.57% | −0.09 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -33.3% | 0.43% | −0.08 |
| NOC Northrop Grumman Corp. | Reduce -0.6% | 0.65% | −0.08 |
| CCI Crown Castle Inc. | Reduce -0.9% | 0.68% | −0.07 |
| ADP Automatic Data Processing | Reduce -0.3% | 0.96% | −0.06 |
| BDX Becton Dickinson and Co. | Reduce -0.9% | 0.73% | −0.06 |
| JPM JPMorgan Chase & Co. | Reduce -1.1% | 1.61% | −0.03 |
| LMT Lockheed Martin Corp. | Reduce -2.5% | 0.73% | −0.01 |
| SQM Quimica Y Minera Chil-SP ADR | Reduce -15.1% | 0.02% | −0.01 |
| HD Home Depot Inc. | Reduce -2.4% | 0.04% | −0.01 |
| UNH Unitedhealth Group Inc. | Reduce -1.7% | 1.86% | −0.01 |
| KO The Coca-Cola Co. | Reduce -2.5% | 1.40% | −0.00 |
| TCOM Trip.com Group Ltd.-ADR | Reduce -4.1% | 2.16% | +0.02 |
| PM Philip Morris International | Reduce -1.3% | 0.41% | +0.03 |
| SPGI S&P Global Inc. | Reduce -0.5% | 1.70% | +0.05 |
| MCO Moody's Corp. | Reduce -1.3% | 1.44% | +0.06 |
| BKNG Booking Holdings Inc. | Reduce -0.3% | 0.97% | +0.06 |
| NEE Nextera Energy Inc. | Reduce -0.7% | 1.54% | +0.12 |
| VRSK Verisk Analytics Inc. | Reduce -0.1% | 1.48% | +0.16 |
| MSFT Microsoft Corp. | Reduce -0.3% | 10.59% | +0.43 |
| GOOG Alphabet Inc. Class C | Reduce -1.0% | 5.65% | +0.84 |
| NVDA Nvidia Corp. | Reduce -7.1% | 8.52% | +1.71 |
Portfolio Buys Q1 2024 → Q2 2024
| AAPL Apple Inc. | Add +0.5% | 5.43% | +0.96 |
| NOW ServiceNow Inc. | New | 0.61% | +0.61 |
| ADBE Adobe Inc. | Add +26.9% | 1.72% | +0.47 |
| ZTS Zoetis Inc. | Add +26.1% | 1.28% | +0.27 |
| AMZN Amazon.com Inc. | Add +0.3% | 3.97% | +0.22 |
| TMUS T-Mobile US Inc. | Add +2.9% | 1.58% | +0.14 |
| ISRG Intuitive Surgical Inc. | Add +0.4% | 1.45% | +0.13 |
| BSX Boston Scientific Corp. | Add +0.5% | 1.26% | +0.13 |
| INTU Intuit Inc. | Add +4.2% | 2.96% | +0.11 |
| META Meta Platforms Inc. Class A | Add +0.3% | 3.72% | +0.09 |
| ADSK Autodesk Inc. | Add +21.6% | 0.75% | +0.09 |
| BAC Bank of America Corp. | Add +0.0% | 0.85% | +0.03 |
| IBN Icici Bank Ltd.-Spon ADR | New | 0.03% | +0.03 |
| HON Honeywell International Inc. | Add +0.2% | 0.88% | +0.02 |
| STZ Constellation Brands Inc. Class A | Add +1.1% | 0.33% | −0.02 |
| EW Edwards Lifesciences Corp. | Add +0.4% | 0.86% | −0.04 |
| MASI Masimo Corp. | Add +0.4% | 0.24% | −0.04 |
| TRU Transunion | Add +0.3% | 0.49% | −0.04 |
| ILMN Illumina Inc. | Add +0.4% | 0.17% | −0.06 |
| ALLE Allegion PLC | Add +0.4% | 0.41% | −0.06 |
| VRSN Verisign Inc. | Add +0.7% | 0.86% | −0.06 |
| PYPL PayPal Holdings Inc. | Add +0.6% | 0.45% | −0.07 |
| NKE Nike Inc. Class B | Add +15.5% | 0.80% | −0.08 |
| IDXX Idexx Laboratories Inc. | Add +0.4% | 0.85% | −0.10 |
| EFX Equifax Inc. | Add +0.6% | 1.02% | −0.12 |
| V Visa Inc. Class A | Add +0.8% | 2.07% | −0.15 |
| MNST Monster Beverage Corp. | Add +0.3% | 0.79% | −0.16 |
| VEEV Veeva Systems Inc. Class A | Add +0.2% | 0.57% | −0.16 |
| CSGP Costar Group Inc. | Add +0.4% | 0.60% | −0.19 |
| CRM Salesforce Inc. | Add +0.6% | 1.16% | −0.21 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 77 | $2.3B | NVDA, GOOG, AAPL, MSFT, AMZN |
| Q1 2026 | 71 | $2.2B | NVDA, GOOG, MSFT, AAPL, AMZN |
| Q4 2025 | 74 | $2.6B | MSFT, NVDA, GOOG, AAPL, AMZN |
| Q3 2025 | 74 | $2.6B | NVDA, MSFT, GOOG, AAPL, META |
| Q2 2025 | 72 | $2.4B | MSFT, NVDA, META, GOOG, AAPL |
| Q1 2025 | 73 | $2.3B | MSFT, NVDA, AAPL, GOOG, META |
| Q4 2024 | 77 | $2.4B | MSFT, NVDA, AAPL, GOOG, AMZN |
| Q3 2024 | 75 | $2.4B | MSFT, NVDA, AAPL, GOOG, META |
| Q2 2024 | 74 | $2.2B | MSFT, NVDA, GOOG, AAPL, AMZN |
| Q1 2024 | 75 | $2.2B | MSFT, NVDA, GOOG, AAPL, AMZN |