Te Ahumairangi Investment Management Ltd
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 10, 2024), Te Ahumairangi Investment Management Ltd reported 84 stock positions worth $575.5 million. Its top holding was Microsoft (MSFT) at 6.7% of the portfolio, followed by Verizon Communications (VZ, 5.8%) and Apple (AAPL, 4.5%). Compared with Q4 2023, it opened 2 new positions, sold out of 6, added to 46 and reduced 33. The biggest buy was a new position in Royal Bank of Canada (RY) and the biggest sale an exit from Motorola Solutions (MSI).
- Most Recent 13F
- Q2 2026
- Location
- WELLINGTON, Q2
- CIK
- 0001832237
- Portfolio Value
- $575.5M (Q1 2024)
- SEC Filing
- 0001832237-24-000002 ↗ filed May 10, 2024
Holdings Value
Holdings 84 stocks · $575.5M
| MSFT Microsoft Corp. | 6.74% | 92,139 | $38.8M | Reduce -1.0% |
| VZ Verizon Communications Inc. | 5.81% | 796,473 | $33.4M | Add +0.6% |
| AAPL Apple Inc. | 4.48% | 150,505 | $25.8M | Add +15.7% |
| GOOGL Alphabet Inc. Class A | 3.92% | 149,387 | $22.5M | Add +1.6% |
| MRK Merck & Co. Inc. | 2.40% | 104,686 | $13.8M | Reduce -8.8% |
| C Citigroup Inc. | 2.34% | 212,553 | $13.4M | Reduce -12.0% |
| CHKP Check Point Software Tech | 2.28% | 79,882 | $13.1M | Reduce -0.8% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 2.25% | 12,752 | $13.0M | Reduce -10.5% |
| VRSN Verisign Inc. | 2.12% | 64,485 | $12.2M | Add +22.8% |
| EG Everest Group Ltd. | 2.12% | 30,695 | $12.2M | Add +6.4% |
| T AT&T Inc. | 2.08% | 681,554 | $12.0M | Add +6.5% |
| KR Kroger Co. | 1.89% | 190,217 | $10.9M | Reduce -10.5% |
| WMT Walmart Inc. | 1.81% | 173,027 | $10.4M | Reduce -2.5% |
| STLA Stellantis NV | 1.77% | 358,696 | $10.2M | Reduce -9.5% |
| V Visa Inc. Class A | 1.74% | 35,890 | $10.0M | Reduce -0.7% |
| HCA HCA Healthcare Inc. | 1.73% | 29,855 | $10.0M | Reduce -14.3% |
| CVS CVS Health Corp. | 1.62% | 116,942 | $9.3M | Add +1.9% |
| PG The Procter & Gamble Co. | 1.59% | 56,555 | $9.2M | Add +0.8% |
| CSCO Cisco Systems Inc. | 1.55% | 178,218 | $8.9M | Add +4.8% |
| AVGO Broadcom Inc. | 1.52% | 6,584 | $8.7M | Reduce -0.3% |
| BMY Bristol-Myers Squibb Co. | 1.41% | 149,957 | $8.1M | Add +2.9% |
| META Meta Platforms Inc. Class A | 1.41% | 16,701 | $8.1M | Reduce -1.6% |
| DVA Davita Inc. | 1.38% | 57,438 | $7.9M | Reduce -12.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.38% | 41,510 | $7.9M | Add +6.6% |
| TRV The Travelers Cos Inc. | 1.36% | 33,921 | $7.8M | Reduce -14.4% |
| DGX Quest Diagnostics Inc. | 1.32% | 57,124 | $7.6M | Add +16.5% |
| CI The Cigna Group | 1.28% | 20,299 | $7.4M | Reduce -4.5% |
| ED Consolidated Edison Inc. | 1.27% | 80,796 | $7.3M | Add +10.8% |
| JNJ Johnson & Johnson | 1.27% | 46,155 | $7.3M | Add +2.9% |
| NEM Newmont Corp. | 1.25% | 201,386 | $7.2M | Add +21.9% |
| UNH Unitedhealth Group Inc. | 1.18% | 13,766 | $6.8M | Add +12.3% |
| GILD Gilead Sciences Inc. | 1.17% | 91,963 | $6.7M | Add +3.7% |
| ACI Albertsons Cos Inc. Class A | 1.16% | 310,504 | $6.7M | Reduce -1.5% |
| KHC The Kraft Heinz Co. | 1.11% | 173,030 | $6.4M | Add +11.4% |
| VRTX Vertex Pharmaceuticals Inc. | 1.07% | 14,734 | $6.2M | Add +3.3% |
| MCK McKesson Corp. | 1.04% | 11,119 | $6.0M | Reduce -5.5% |
| PFE Pfizer Inc. | 1.03% | 214,114 | $5.9M | Add +7.1% |
| CAH Cardinal Health Inc. | 1.03% | 52,987 | $5.9M | Add +1.5% |
| HPQ HP Inc. | 1.02% | 193,808 | $5.9M | Add +19.8% |
| QCOM Qualcomm Inc. | 1.02% | 34,526 | $5.8M | Reduce -3.9% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.98% | 44,611 | $5.6M | Add +1.1% |
| ORCL Oracle Corp. | 0.96% | 43,798 | $5.5M | Reduce -6.3% |
| PSA Public Storage | 0.93% | 18,412 | $5.3M | Add +13.3% |
| AEM Agnico Eagle Mines Ltd. | 0.93% | 89,214 | $5.3M | Add +0.3% |
| LH Laboratory CRP of Amer Hldgs | 0.92% | 24,129 | $5.3M | Add +9.9% |
| GIS General Mills Inc. | 0.91% | 74,993 | $5.2M | Add +34.0% |
| GM General Motors Co. | 0.90% | 114,558 | $5.2M | Reduce -3.8% |
| SKX Skechers USA Inc. Class A | 0.85% | 80,245 | $4.9M | Add +12.9% |
| WPC WP Carey Inc. | 0.82% | 83,921 | $4.7M | Add +36.0% |
| MDT Medtronic PLC | 0.82% | 54,071 | $4.7M | Add +21.1% |
| ARW Arrow Electronics Inc. | 0.77% | 34,067 | $4.4M | Add +2.7% |
| ABBV Abbvie Inc. | 0.71% | 22,532 | $4.1M | Add +2.4% |
| ELV Elevance Health Inc. | 0.71% | 7,893 | $4.1M | Add +51.0% |
| CL Colgate-Palmolive Co. | 0.71% | 45,117 | $4.1M | Add +4.1% |
| AZO AutoZone Inc. | 0.68% | 1,238 | $3.9M | Reduce -14.4% |
| WPM Wheaton Precious Metals Corp. | 0.68% | 82,676 | $3.9M | Add +9.4% |
| RY Royal Bank of Canada | 0.67% | 38,440 | $3.9M | New |
| CVX Chevron Corp. | 0.60% | 21,824 | $3.4M | Add +11.2% |
| TD Toronto-Dominion Bank | 0.59% | 56,381 | $3.4M | Add +6.3% |
| EXC Exelon Corp. | 0.58% | 89,400 | $3.4M | Add +25.9% |
| ACN Accenture PLC Class A | 0.55% | 9,074 | $3.1M | Add +10.3% |
| PEP Pepsico Inc. | 0.54% | 17,854 | $3.1M | Reduce -10.6% |
| XOM Exxon Mobil Corp. | 0.49% | 24,429 | $2.8M | Reduce -1.8% |
| SBRA Sabra Health Care REIT Inc. | 0.49% | 190,312 | $2.8M | Add +15.8% |
| AMZN Amazon.com Inc. | 0.47% | 15,017 | $2.7M | Reduce -7.8% |
| KGC Kinross Gold Corp. | 0.45% | 422,100 | $2.6M | Add +9.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.45% | 20,971 | $2.6M | Add +9.7% |
| WBA Walgreens Boots Alliance Inc. | 0.45% | 118,149 | $2.6M | Reduce -1.9% |
| OGN Organon & Co. | 0.42% | 129,739 | $2.4M | Reduce -9.1% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM TO | 0.42% | 47,637 | $2.4M | Add +1.9% |
| GOOG Alphabet Inc. Class C | 0.42% | 15,798 | $2.4M | Reduce -2.2% |
| DUK Duke Energy Corp. | 0.39% | 23,349 | $2.3M | Add +7.9% |
| MRSH Marsh & McLennan Cos | 0.39% | 10,759 | $2.2M | Reduce -6.6% |
| ADBE Adobe Inc. | 0.38% | 4,310 | $2.2M | Add +116.0% |
| INTC Intel Corp. | 0.35% | 45,566 | $2.0M | Reduce -5.5% |
| ROIV Roivant Sciences Ltd. | 0.35% | 190,645 | $2.0M | Add +20.6% |
| UPS United Parcel Service Class B | 0.33% | 12,936 | $1.9M | Reduce -3.4% |
| RIO Rio Tinto PLC-Spon ADR | 0.27% | 24,572 | $1.6M | No change |
| SMFG Sumitomo Mitsui-Spons ADR | 0.20% | 96,777 | $1.1M | No change |
| MUFG Mitsubishi Ufj Finl-Spon ADR | 0.20% | 110,041 | $1.1M | No change |
| MFG Mizuho Financial Group-ADR | 0.15% | 223,736 | $890K | Reduce -14.1% |
| PANW Palo Alto Networks Inc. | 0.14% | 2,875 | $817K | New |
| VTRS Viatris Inc. | 0.06% | 27,164 | $324K | Reduce -26.9% |
| SO The Southern Co. | 0.03% | 2,370 | $170K | Reduce -22.8% |
Portfolio Sells Q4 2023 → Q1 2024
| MSI Motorola Solutions Inc. | Sold out | 0.00% | −1.17 |
| HSY The Hershey Co. | Sold out | 0.00% | −0.45 |
| ACI Albertsons Cos Inc. Class A | Reduce -1.5% | 1.16% | −0.22 |
| ABNB Airbnb Inc. Class A | Sold out | 0.00% | −0.16 |
| WBA Walgreens Boots Alliance Inc. | Reduce -1.9% | 0.45% | −0.15 |
| INTC Intel Corp. | Reduce -5.5% | 0.35% | −0.11 |
| PEP Pepsico Inc. | Reduce -10.6% | 0.54% | −0.10 |
| TRV The Travelers Cos Inc. | Reduce -14.4% | 1.36% | −0.07 |
| UPS United Parcel Service Class B | Reduce -3.4% | 0.33% | −0.06 |
| HCA HCA Healthcare Inc. | Reduce -14.3% | 1.73% | −0.06 |
| CHKP Check Point Software Tech | Reduce -0.8% | 2.28% | −0.05 |
| RNR Renaissancere Holdings Ltd. | Sold out | 0.00% | −0.05 |
| V Visa Inc. Class A | Reduce -0.7% | 1.74% | −0.04 |
| AZO AutoZone Inc. | Reduce -14.4% | 0.68% | −0.03 |
| MRSH Marsh & McLennan Cos | Reduce -6.6% | 0.39% | −0.03 |
| OTEX Open Text Corp. | Sold out | 0.00% | −0.03 |
| NLOP Net Lease Office Property | Sold out | 0.00% | −0.02 |
| VTRS Viatris Inc. | Reduce -26.9% | 0.06% | −0.02 |
| C Citigroup Inc. | Reduce -12.0% | 2.34% | −0.02 |
| MFG Mizuho Financial Group-ADR | Reduce -14.1% | 0.15% | −0.02 |
| GOOG Alphabet Inc. Class C | Reduce -2.2% | 0.42% | −0.01 |
| SO The Southern Co. | Reduce -22.8% | 0.03% | −0.01 |
| AMZN Amazon.com Inc. | Reduce -7.8% | 0.47% | +0.00 |
| MCK McKesson Corp. | Reduce -5.5% | 1.04% | +0.01 |
| GWW WW Grainger Inc. | Reduce -10.5% | 2.25% | +0.02 |
| STLA Stellantis NV | Reduce -9.5% | 1.77% | +0.02 |
| ORCL Oracle Corp. | Reduce -6.3% | 0.96% | +0.02 |
| XOM Exxon Mobil Corp. | Reduce -1.8% | 0.49% | +0.02 |
| MRK Merck & Co. Inc. | Reduce -8.8% | 2.40% | +0.03 |
| QCOM Qualcomm Inc. | Reduce -3.9% | 1.02% | +0.03 |
| OGN Organon & Co. | Reduce -9.1% | 0.42% | +0.03 |
| WMT Walmart Inc. | Reduce -2.5% | 1.81% | +0.04 |
| KR Kroger Co. | Reduce -10.5% | 1.89% | +0.05 |
| CI The Cigna Group | Reduce -4.5% | 1.28% | +0.08 |
| DVA Davita Inc. | Reduce -12.3% | 1.38% | +0.08 |
| GM General Motors Co. | Reduce -3.8% | 0.90% | +0.09 |
| MSFT Microsoft Corp. | Reduce -1.0% | 6.74% | +0.11 |
| AVGO Broadcom Inc. | Reduce -0.3% | 1.52% | +0.12 |
| META Meta Platforms Inc. Class A | Reduce -1.6% | 1.41% | +0.27 |
Portfolio Buys Q4 2023 → Q1 2024
| RY Royal Bank of Canada | New | 0.67% | +0.67 |
| ELV Elevance Health Inc. | Add +51.0% | 0.71% | +0.24 |
| GIS General Mills Inc. | Add +34.0% | 0.91% | +0.22 |
| EG Everest Group Ltd. | Add +6.4% | 2.12% | +0.19 |
| IBM Intl Business Machines Corp. | Add +6.6% | 1.38% | +0.17 |
| ADBE Adobe Inc. | Add +116.0% | 0.38% | +0.15 |
| VZ Verizon Communications Inc. | Add +0.6% | 5.81% | +0.15 |
| PANW Palo Alto Networks Inc. | New | 0.14% | +0.14 |
| MDT Medtronic PLC | Add +21.1% | 0.82% | +0.12 |
| DIS The Walt Disney Co. | Add +9.7% | 0.45% | +0.12 |
| EXC Exelon Corp. | Add +25.9% | 0.58% | +0.10 |
| HPQ HP Inc. | Add +19.8% | 1.02% | +0.10 |
| VRSN Verisign Inc. | Add +22.8% | 2.12% | +0.07 |
| ABBV Abbvie Inc. | Add +2.4% | 0.71% | +0.07 |
| WPC WP Carey Inc. | Add +36.0% | 0.82% | +0.07 |
| CL Colgate-Palmolive Co. | Add +4.1% | 0.71% | +0.05 |
| T AT&T Inc. | Add +6.5% | 2.08% | +0.05 |
| SBRA Sabra Health Care REIT Inc. | Add +15.8% | 0.49% | +0.04 |
| CVX Chevron Corp. | Add +11.2% | 0.60% | +0.04 |
| DGX Quest Diagnostics Inc. | Add +16.5% | 1.32% | +0.04 |
| PG The Procter & Gamble Co. | Add +0.8% | 1.59% | +0.04 |
| CAH Cardinal Health Inc. | Add +1.5% | 1.03% | +0.03 |
| GOOGL Alphabet Inc. Class A | Add +1.6% | 3.92% | +0.03 |
| KHC The Kraft Heinz Co. | Add +11.4% | 1.11% | +0.02 |
| ED Consolidated Edison Inc. | Add +10.8% | 1.27% | +0.02 |
| SKX Skechers USA Inc. Class A | Add +12.9% | 0.85% | +0.02 |
| ROIV Roivant Sciences Ltd. | Add +20.6% | 0.35% | +0.01 |
| KGC Kinross Gold Corp. | Add +9.8% | 0.45% | +0.01 |
| ACN Accenture PLC Class A | Add +10.3% | 0.55% | −0.00 |
| ARW Arrow Electronics Inc. | Add +2.7% | 0.77% | −0.00 |
| BMY Bristol-Myers Squibb Co. | Add +2.9% | 1.41% | −0.00 |
| AEM Agnico Eagle Mines Ltd. | Add +0.3% | 0.93% | −0.00 |
| DUK Duke Energy Corp. | Add +7.9% | 0.39% | −0.01 |
| CM Can Imperial BK of Commerce | Add +1.9% | 0.42% | −0.01 |
| PSA Public Storage | Add +13.3% | 0.93% | −0.01 |
| VRTX Vertex Pharmaceuticals Inc. | Add +3.3% | 1.07% | −0.03 |
| LH Laboratory CRP of Amer Hldgs | Add +9.9% | 0.92% | −0.03 |
| WPM Wheaton Precious Metals Corp. | Add +9.4% | 0.68% | −0.03 |
| UNH Unitedhealth Group Inc. | Add +12.3% | 1.18% | −0.04 |
| NEM Newmont Corp. | Add +21.9% | 1.25% | −0.04 |
| PFE Pfizer Inc. | Add +7.1% | 1.03% | −0.06 |
| TD Toronto-Dominion Bank | Add +6.3% | 0.59% | −0.06 |
| JNJ Johnson & Johnson | Add +2.9% | 1.27% | −0.06 |
| SJM The JM Smucker Co. | Add +1.1% | 0.98% | −0.08 |
| CSCO Cisco Systems Inc. | Add +4.8% | 1.55% | −0.08 |
| CVS CVS Health Corp. | Add +1.9% | 1.62% | −0.10 |
| GILD Gilead Sciences Inc. | Add +3.7% | 1.17% | −0.19 |
| AAPL Apple Inc. | Add +15.7% | 4.48% | −0.26 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 86 | $619.9M | MSFT, VZ, AAPL, GOOGL, EG |
| Q1 2026 | 86 | $597.0M | MSFT, VZ, AAPL, GOOGL, EG |
| Q4 2025 | 84 | $558.1M | MSFT, VZ, GOOGL, AAPL, EG |
| Q3 2025 | 84 | $588.5M | MSFT, VZ, AAPL, GOOGL, EG |
| Q2 2025 | 87 | $558.6M | MSFT, VZ, AAPL, GOOGL, EG |
| Q1 2025 | 84 | $472.5M | MSFT, VZ, AAPL, GOOGL, EG |
| Q4 2024 | 81 | $478.5M | MSFT, VZ, AAPL, GOOGL, EG |
| Q3 2024 | 83 | $564.1M | MSFT, VZ, AAPL, GOOGL, EG |
| Q2 2024 | 86 | $520.5M | MSFT, VZ, AAPL, GOOGL, CHKP |
| Q1 2024 | 84 | $575.5M | MSFT, VZ, AAPL, GOOGL, MRK |