Perpetual Ltd
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 9, 2024), Perpetual Ltd reported 418 stock positions worth $9.2 billion. Its top holding was Linde (LIN) at 3.9% of the portfolio, followed by Flutter Entertainment PLC-Di (FLUT, 3.8%) and MercadoLibre (MELI, 3.6%). Compared with Q2 2024, it opened 45 new positions, sold out of 51, added to 95 and reduced 220. The biggest buy was a new position in CDW (CDW) and the biggest sale Ambev SA-ADR (ABEV, shares −95%).
- Most Recent 13F
- Q2 2026
- Location
- SYDNEY, NEW SOUTH WALES, C3
- CIK
- 0001647273
- Portfolio Value
- $9.2B (Q3 2024)
- SEC Filing
- 0001104659-24-107159 ↗ filed Oct 9, 2024
Holdings Value
Holdings 418 stocks · $9.2B
| LIN Linde PLC | 3.88% | 750,185 | $357.7M | Reduce -5.5% |
| FLUT Flutter Entertainment PLC-Di | 3.84% | 1,493,456 | $354.4M | Add +0.0% |
| MELI MercadoLibre Inc. | 3.56% | 160,145 | $328.6M | Reduce -5.3% |
| MSFT Microsoft Corp. | 3.24% | 695,535 | $299.3M | Add +11.9% |
| SPOT Spotify Technology SA | 3.03% | 759,681 | $280.0M | Add +24.3% |
| ICE Intercontinental Exchange Inc. | 2.99% | 1,718,945 | $276.1M | Add +25.2% |
| CRH CRH PLC | 2.80% | 2,788,057 | $258.6M | Reduce -27.9% |
| SRE Sempra | 2.49% | 2,750,073 | $230.0M | Reduce -5.8% |
| UNH Unitedhealth Group Inc. | 2.43% | 383,194 | $224.0M | Reduce -16.5% |
| PM Philip Morris International | 2.35% | 1,783,011 | $216.5M | Reduce -13.9% |
| ATO Atmos Energy Corp. | 2.31% | 1,538,413 | $213.4M | Reduce -3.5% |
| ORCL Oracle Corp. | 1.96% | 1,058,601 | $180.4M | Add +43.3% |
| TMO Thermo Fisher Scientific Inc. | 1.90% | 283,486 | $175.4M | Reduce -0.7% |
| GXO Gxo Logistics Inc. | 1.83% | 3,244,912 | $169.0M | Reduce -10.4% |
| CMS CMS Energy Corp. | 1.76% | 2,297,937 | $162.3M | Reduce -10.6% |
| CDW CDW Corp. | 1.72% | 699,512 | $158.3M | New |
| AER Aercap Holdings NV | 1.69% | 1,645,568 | $155.9M | Reduce -1.2% |
| ELV Elevance Health Inc. | 1.53% | 271,302 | $141.1M | Reduce -20.1% |
| EMR Emerson Electric Co. | 1.43% | 1,206,158 | $131.9M | Add +57336.1% |
| NVDA Nvidia Corp. | 1.42% | 1,079,060 | $131.0M | Reduce -8.4% |
| GEHC GE Healthcare Technology | 1.42% | 1,394,036 | $130.8M | Reduce -9.5% |
| CNH CNH Industrial NV | 1.20% | 9,941,963 | $110.4M | Reduce -3.0% |
| FCX Freeport-McMoran Inc. | 1.14% | 2,100,461 | $104.9M | Add +12.7% |
| CHKP Check Point Software Tech | 1.14% | 543,370 | $104.8M | Reduce -15.2% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 1.09% | 7,359,328 | $100.5M | Reduce -17.3% |
| PGR Progressive Corp. | 1.05% | 383,477 | $97.3M | Reduce -17.2% |
| GOOGL Alphabet Inc. Class A | 1.04% | 576,039 | $95.5M | Reduce -50.5% |
| AVGO Broadcom Inc. | 0.99% | 528,950 | $91.2M | Reduce -4.8% |
| ITUB Itau Unibanco H-Spon PRF ADR | 0.98% | 13,629,806 | $90.6M | Add +9.0% |
| PTC PTC Inc. | 0.96% | 488,798 | $88.3M | Reduce -1.4% |
| ADBE Adobe Inc. | 0.95% | 169,694 | $87.9M | Reduce -10.4% |
| APP AppLovin Corp. Class A | 0.94% | 661,680 | $86.4M | Reduce -12.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.94% | 497,356 | $86.4M | Reduce -7.1% |
| LLY Eli Lilly & Co. | 0.94% | 97,472 | $86.4M | Reduce -4.0% |
| AMZN Amazon.com Inc. | 0.93% | 462,662 | $86.2M | Reduce -7.5% |
| TPG TPG Inc. | 0.93% | 1,493,969 | $86.0M | Reduce -6.4% |
| HSIC Henry Schein Inc. | 0.91% | 1,149,815 | $83.8M | Reduce -51.8% |
| QTWO Q2 Holdings Inc. filed as Q2 HLDGS INC | 0.88% | 1,012,766 | $80.8M | New |
| VKTX Viking Therapeutics Inc. | 0.87% | 1,269,152 | $80.4M | Add +55.4% |
| SPGI S&P Global Inc. | 0.85% | 152,225 | $78.6M | Reduce -5.5% |
| ARES Ares Management Corp. Class A | 0.85% | 500,900 | $78.1M | Reduce -4.9% |
| VRTX Vertex Pharmaceuticals Inc. | 0.84% | 167,221 | $77.8M | Reduce -1.7% |
| ARGX Argenx SE - ADR | 0.83% | 140,780 | $76.3M | New |
| JAZZ Jazz Pharmaceuticals PLC | 0.82% | 675,431 | $75.2M | Add +10.4% |
| FMX Fomento Economico Mex-SP ADR | 0.80% | 746,826 | $73.7M | Add +9.4% |
| REGN Regeneron Pharmaceuticals | 0.79% | 69,706 | $73.3M | Reduce -5.2% |
| B Barrick Gold Corp. | 0.79% | 3,649,782 | $72.6M | Reduce -9.6% |
| HDB HDFC Bank Ltd.-ADR | 0.74% | 1,088,671 | $68.1M | Add +6.2% |
| PRGO Perrigo Co. PLC | 0.70% | 2,448,007 | $64.2M | Reduce -8.0% |
| GTLS Chart Industries Inc. | 0.67% | 500,256 | $62.1M | Add +7.3% |
| CX Cemex Sab-Spons ADR Part Cer | 0.66% | 10,014,640 | $61.1M | Add +12.6% |
| CMCSA Comcast Corp. Class A | 0.63% | 1,385,616 | $57.9M | Reduce -5.9% |
| CLVT Clarivate PLC | 0.57% | 7,375,744 | $52.4M | Reduce -5.8% |
| ETR Entergy Corp. | 0.54% | 379,404 | $49.9M | Reduce -0.6% |
| MRK Merck & Co. Inc. | 0.52% | 420,889 | $47.8M | Add +1.4% |
| APD Air Products & Chemicals Inc. | 0.51% | 159,342 | $47.4M | Reduce -2.2% |
| WTW Willis Towers Watson PLC | 0.51% | 160,572 | $47.3M | Reduce -23.8% |
| PBR Petroleo Brasileiro-Spon ADR | 0.49% | 3,152,289 | $45.4M | Add +0.9% |
| LNWO Light & Wonder Inc. | 0.47% | 477,389 | $43.3M | Reduce -6.8% |
| NEM Newmont Corp. | 0.44% | 759,039 | $40.6M | Reduce -0.6% |
| PNW Pinnacle West Capital | 0.43% | 444,524 | $39.4M | Reduce -0.3% |
| QCOM Qualcomm Inc. | 0.42% | 227,327 | $38.7M | Add +71.5% |
| PHG Koninklijke Philips NVR- NY | 0.42% | 1,177,688 | $38.5M | Reduce -17.1% |
| FIS Fidelity National Info Serv | 0.42% | 457,566 | $38.3M | Reduce -0.8% |
| IBN Icici Bank Ltd.-Spon ADR | 0.39% | 1,196,686 | $35.7M | Add +1.5% |
| PSA Public Storage | 0.38% | 95,458 | $34.7M | Add +45.9% |
| APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC | 0.37% | 473,885 | $34.1M | Reduce -1.7% |
| AVTR Avantor Inc. | 0.36% | 1,273,474 | $32.9M | Reduce -0.4% |
| AIG American International Group | 0.35% | 445,465 | $32.6M | Reduce -0.7% |
| HUM Humana Inc. | 0.34% | 99,726 | $31.6M | Reduce -0.6% |
| LAD Lithia Motors Inc. | 0.34% | 99,345 | $31.6M | Reduce -0.3% |
| CCL Carnival Corp. | 0.33% | 1,660,935 | $30.7M | Add +38.7% |
| PLD Prologis Inc. | 0.29% | 208,556 | $26.3M | Reduce -8.1% |
| ECL Ecolab Inc. | 0.28% | 102,777 | $26.2M | Reduce -18.6% |
| VRT Vertiv Holdings Co. Class A | 0.28% | 258,967 | $25.8M | Add +2597.8% |
| HAL Halliburton Co. | 0.27% | 864,611 | $25.1M | Reduce -0.3% |
| AXTA Axalta Coating Systems Ltd. | 0.27% | 683,658 | $24.7M | Reduce -0.5% |
| HES Hess Corp. | 0.27% | 181,996 | $24.7M | Reduce -7.2% |
| JD Jd.com Inc.-ADR | 0.25% | 570,541 | $22.8M | Reduce -0.7% |
| XYL Xylem Inc. | 0.24% | 164,928 | $22.3M | Reduce -23.3% |
| CIEN Ciena Corp. | 0.24% | 357,079 | $22.0M | Reduce -0.2% |
| SBAC SBA Communications Corp. | 0.23% | 90,065 | $21.7M | Reduce -0.7% |
| WFC Wells Fargo & Co. | 0.23% | 369,191 | $20.9M | Reduce -44.4% |
| JCI Johnson Controls Internation | 0.21% | 254,513 | $19.8M | Add +4356.5% |
| ARMK Aramark | 0.21% | 492,486 | $19.1M | Reduce -51.0% |
| KDP Keurig Dr Pepper Inc. | 0.20% | 504,481 | $18.9M | Reduce -2.1% |
| WMS Advanced Drainage Systems Inc. | 0.20% | 119,913 | $18.8M | Reduce -8.2% |
| TME Tencent Music Entertainm-ADR | 0.20% | 1,556,751 | $18.8M | Add +6.7% |
| MAA Mid-America Apartment Comm | 0.20% | 118,035 | $18.8M | Reduce -0.5% |
| CTSH Cognizant Tech Solutions-A | 0.20% | 240,400 | $18.6M | Reduce -0.6% |
| RYAAY Ryanair Holdings PLC-SP ADR | 0.19% | 154,502 | $17.4M | Add +50.3% |
| PRKS United Parks & Resorts Inc. | 0.18% | 333,238 | $16.9M | Reduce -0.2% |
| YMM Full Truck Alliance -SPN ADR | 0.18% | 1,864,459 | $16.8M | Add +0.6% |
| J Jacobs Solutions Inc. | 0.18% | 128,025 | $16.8M | Reduce -1.4% |
| WTM White Mountains Insurance GP | 0.18% | 9,727 | $16.5M | Reduce -4.4% |
| WMG Warner Music Group Corp. Class A | 0.17% | 503,719 | $15.8M | New |
| SHOP Shopify Inc. Class A | 0.17% | 193,513 | $15.5M | Add +3.3% |
| AWK American Water Works Co. Inc. | 0.16% | 101,772 | $14.9M | Add +91.3% |
| ARCO Arcos Dorados Holdings Inc. Class A | 0.15% | 1,636,470 | $14.3M | Add +15.8% |
| AAPL Apple Inc. | 0.15% | 60,676 | $14.1M | Reduce -10.4% |
Portfolio Sells Q2 2024 → Q3 2024
| ABEV Ambev SA-ADR | Reduce -95.2% | 0.08% | −1.34 |
| GOOGL Alphabet Inc. Class A | Reduce -50.5% | 1.04% | −1.27 |
| EXC Exelon Corp. | Sold out | 0.00% | −1.08 |
| MU Micron Technology Inc. | Reduce -99.0% | 0.01% | −0.89 |
| CDNS Cadence Design SYS Inc. | Reduce -98.8% | 0.01% | −0.84 |
| SNPS Synopsys Inc. | Reduce -99.6% | 0.00% | −0.82 |
| INTU Intuit Inc. | Reduce -98.4% | 0.01% | −0.82 |
| ROP Roper Technologies Inc. | Sold out | 0.00% | −0.80 |
| HSIC Henry Schein Inc. | Reduce -51.8% | 0.91% | −0.75 |
| ELV Elevance Health Inc. | Reduce -20.1% | 1.53% | −0.47 |
| CRH CRH PLC | Reduce -27.9% | 2.80% | −0.35 |
| MDT Medtronic PLC | Reduce -95.5% | 0.02% | −0.31 |
| ACGL Arch Capital Group Ltd. | Reduce -72.0% | 0.11% | −0.24 |
| ALL Allstate Corp. | Reduce -97.3% | 0.01% | −0.22 |
| TS Tenaris SA-ADR | Sold out | 0.00% | −0.22 |
| SN Sharkninja Inc. | Sold out | 0.00% | −0.20 |
| WFC Wells Fargo & Co. | Reduce -44.4% | 0.23% | −0.20 |
| DD Dupont DE Nemours Inc. | Reduce -97.4% | 0.01% | −0.19 |
| ADBE Adobe Inc. | Reduce -10.4% | 0.95% | −0.19 |
| CI The Cigna Group | Reduce -85.8% | 0.03% | −0.18 |
| CCEP Coca-Cola Europacific Partne | Sold out | 0.00% | −0.18 |
| ARMK Aramark | Reduce -51.0% | 0.21% | −0.16 |
| NVDA Nvidia Corp. | Reduce -8.4% | 1.42% | −0.16 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -17.3% | 1.09% | −0.16 |
| GXO Gxo Logistics Inc. | Reduce -10.4% | 1.83% | −0.16 |
| LIVN Livanova PLC | Sold out | 0.00% | −0.13 |
| AMZN Amazon.com Inc. | Reduce -7.5% | 0.93% | −0.12 |
| LNWO Light & Wonder Inc. | Reduce -6.8% | 0.47% | −0.11 |
| UNH Unitedhealth Group Inc. | Reduce -16.5% | 2.43% | −0.11 |
| INDA iShares MSCI India ETF | Sold out | 0.00% | −0.11 |
| DPZ Domino's Pizza Inc. | Reduce -52.0% | 0.07% | −0.11 |
| WTW Willis Towers Watson PLC | Reduce -23.8% | 0.51% | −0.09 |
| XYL Xylem Inc. | Reduce -23.3% | 0.24% | −0.08 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -7.1% | 0.94% | −0.08 |
| SUZ Suzano SA - Spon ADR | Sold out | 0.00% | −0.07 |
| HUM Humana Inc. | Reduce -0.6% | 0.34% | −0.07 |
| LLY Eli Lilly & Co. | Reduce -4.0% | 0.94% | −0.06 |
| AMX America Movil Sab DE CV | Sold out | 0.00% | −0.06 |
| ANSS Ansys Inc. | Reduce -32.2% | 0.10% | −0.05 |
| CNM Core & Main Inc. Class A | Reduce -36.3% | 0.07% | −0.05 |
| BANCOLOMBIA S.A.-SPONS ADR | Sold out | 0.00% | −0.05 |
| PRGO Perrigo Co. PLC | Reduce -8.0% | 0.70% | −0.05 |
| HES Hess Corp. | Reduce -7.2% | 0.27% | −0.05 |
| HAL Halliburton Co. | Reduce -0.3% | 0.27% | −0.05 |
| REGN Regeneron Pharmaceuticals | Reduce -5.2% | 0.79% | −0.05 |
| ECL Ecolab Inc. | Reduce -18.6% | 0.28% | −0.04 |
| HASI Ha Sustainable Infrastructur | Reduce -35.6% | 0.12% | −0.04 |
| GFI Gold Fields Ltd.-Spons ADR | Sold out | 0.00% | −0.04 |
| BAP Credicorp Ltd. | Reduce -73.7% | 0.02% | −0.04 |
| AFYA Afya Ltd. Class A | Reduce -29.0% | 0.08% | −0.04 |
Portfolio Buys Q2 2024 → Q3 2024
| CDW CDW Corp. | New | 1.72% | +1.72 |
| EMR Emerson Electric Co. | Add +57336.1% | 1.43% | +1.43 |
| ICE Intercontinental Exchange Inc. | Add +25.2% | 2.99% | +0.95 |
| SPOT Spotify Technology SA | Add +24.3% | 3.03% | +0.95 |
| FLUT Flutter Entertainment PLC-Di | Add +0.0% | 3.84% | +0.88 |
| QTWO Q2 Holdings Inc. | New | 0.88% | +0.88 |
| ARGX Argenx SE - ADR | New | 0.83% | +0.83 |
| ORCL Oracle Corp. | Add +43.3% | 1.96% | +0.82 |
| VKTX Viking Therapeutics Inc. | Add +55.4% | 0.87% | +0.40 |
| VRT Vertiv Holdings Co. Class A | Add +2597.8% | 0.28% | +0.27 |
| MSFT Microsoft Corp. | Add +11.9% | 3.24% | +0.22 |
| JCI Johnson Controls Internation | Add +4356.5% | 0.21% | +0.21 |
| ITUB Itau Unibanco H-Spon PRF ADR | Add +9.0% | 0.98% | +0.19 |
| PSA Public Storage | Add +45.9% | 0.38% | +0.17 |
| WMG Warner Music Group Corp. Class A | New | 0.17% | +0.17 |
| FCX Freeport-McMoran Inc. | Add +12.7% | 1.14% | +0.15 |
| INFY Infosys Ltd.-SP ADR | New | 0.14% | +0.14 |
| QCOM Qualcomm Inc. | Add +71.5% | 0.42% | +0.13 |
| JAZZ Jazz Pharmaceuticals PLC | Add +10.4% | 0.82% | +0.11 |
| CCL Carnival Corp. | Add +38.7% | 0.33% | +0.09 |
| AWK American Water Works Co. Inc. | Add +91.3% | 0.16% | +0.09 |
| VRRM Verra Mobility Corp. | Add +1571.0% | 0.07% | +0.07 |
| SE Sea Ltd.-ADR | New | 0.07% | +0.07 |
| RYAAY Ryanair Holdings PLC-SP ADR | Add +50.3% | 0.19% | +0.06 |
| CX Cemex Sab-Spons ADR Part Cer | Add +12.6% | 0.66% | +0.04 |
| SHOP Shopify Inc. Class A | Add +3.3% | 0.17% | +0.03 |
| CCK Crown Holdings Inc. | Add +5.9% | 0.10% | +0.03 |
| BEKE Ke Holdings Inc.-ADR | New | 0.03% | +0.03 |
| AWR American States Water Co. | Add +21.1% | 0.09% | +0.02 |
| MWA Mueller Water Products Inc. Class A | Add +20.3% | 0.08% | +0.02 |
| SGML Sigma Lithium Corp. | New | 0.02% | +0.02 |
| VLTO Veralto Corp. | Add +8.2% | 0.11% | +0.02 |
| BUD Anheuser-Busch Inbev-SPN ADR | Add +10.5% | 0.11% | +0.02 |
| KSPI JSC Kaspi.kz ADR | New | 0.02% | +0.02 |
| HDB HDFC Bank Ltd.-ADR | Add +6.2% | 0.74% | +0.02 |
| ZWS Zurn Elkay Water Solutions C | Add +12.8% | 0.08% | +0.02 |
| YMM Full Truck Alliance -SPN ADR | Add +0.6% | 0.18% | +0.02 |
| LESLIES INC | New | 0.02% | +0.02 |
| DAL Delta Air Lines Inc. | New | 0.02% | +0.02 |
| IBN Icici Bank Ltd.-Spon ADR | Add +1.5% | 0.39% | +0.02 |
| ARCO Arcos Dorados Holdings Inc. Class A | Add +15.8% | 0.15% | +0.02 |
| FN Fabrinet | New | 0.02% | +0.02 |
| ITRI Itron Inc. | Add +10.1% | 0.10% | +0.02 |
| ABNB Airbnb Inc. Class A | New | 0.02% | +0.02 |
| BBY Best Buy Co. Inc. | New | 0.01% | +0.01 |
| NOMD Nomad Foods Ltd. | Add +2.6% | 0.09% | +0.01 |
| RBLX Roblox Corp. Class A | New | 0.01% | +0.01 |
| DIS The Walt Disney Co. | Add +95.1% | 0.03% | +0.01 |
| XOM Exxon Mobil Corp. | Add +17.4% | 0.08% | +0.01 |
| META Meta Platforms Inc. Class A | Add +0.2% | 0.11% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 419 | $7.0B | SRE, TEL, FLUT, ATO, CRH |
| Q1 2026 | 424 | $6.5B | SRE, ATO, FLUT, ICE, PM |
| Q4 2025 | 411 | $6.9B | SRE, MSFT, ATO, PM, CRH |
| Q3 2025 | 400 | $8.1B | SRE, MSFT, CDW, ATO, FLUT |
| Q2 2025 | 416 | $8.5B | FLUT, MELI, ICE, SE, ORCL |
| Q1 2025 | 411 | $8.3B | MELI, SE, ICE, FLUT, ATO |
| Q4 2024 | 409 | $8.5B | FLUT, MSFT, MELI, SPOT, ICE |
| Q3 2024 | 418 | $9.2B | LIN, FLUT, MELI, MSFT, SPOT |
| Q2 2024 | 424 | $9.2B | LIN, CRH, MSFT, MELI, FLUT |
| Q1 2024Amended | 433 | $10.2B | LIN, CRH, MSFT, ITUB, ELV |