United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 9, 2025), United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund reported 158 stock positions worth $2.5 billion. Its top holding was Microsoft (MSFT) at 9.5% of the portfolio, followed by Amazon.com (AMZN, 6.4%) and Meta Platforms Class A (META, 5.5%). Compared with Q4 2024, it opened 28 new positions, sold out of 32, added to 66 and reduced 44. The biggest buy was Intercontinental Exchange (ICE, shares +8%) and the biggest sale Alphabet Class A (GOOGL, shares −10%).

Most Recent 13F
Q2 2026
Location
MELBOURNE, C3
CIK
0001730896
Portfolio Value
$2.5B (Q1 2025)
SEC Filing
0001730896-25-000030 ↗ filed May 9, 2025

Holdings Value

0$2.0B$4.0B$6.0B$8.0B Q1 2024: $2.2B Q1 2024 Q2 2024: $2.4B Q2 2024 Q3 2024: $2.5B Q3 2024 Q4 2024: $2.6B Q4 2024 Q1 2025: $2.5B $2.5B Q1 2025 Q2 2025: $2.6B Q2 2025 Q3 2025: $2.7B Q3 2025 Q4 2025: $7.2B Q4 2025 Q1 2026: $5.3B Q1 2026 Q2 2026: $5.6B Q2 2026

Holdings 158 stocks · $2.5B
MSFT Microsoft Corp. 9.52% 623,171 $233.9M Reduce -0.1%
AMZN Amazon.com Inc. 6.38% 824,139 $156.8M Reduce -0.4%
META Meta Platforms Inc. Class A 5.46% 232,703 $134.1M Add +4.4%
GOOGL Alphabet Inc. Class A 5.13% 815,987 $126.2M Reduce -10.1%
AAPL Apple Inc. 4.57% 506,107 $112.4M Reduce -0.2%
V Visa Inc. Class A 4.23% 296,731 $104.0M Reduce -8.3%
MA Mastercard Inc. Class A 3.77% 169,088 $92.7M Reduce -4.3%
LIN Linde PLC 3.61% 190,446 $88.7M No change
NVDA Nvidia Corp. 3.41% 772,562 $83.7M Add +9.4%
ABT Abbott Laboratories 3.06% 567,918 $75.3M Reduce -10.2%
ICE Intercontinental Exchange Inc. 2.83% 402,938 $69.5M Add +7.9%
MAR Marriott International Class A 2.71% 279,505 $66.6M No change
UNH Unitedhealth Group Inc. 2.71% 127,114 $66.6M Add +8.1%
APH Amphenol Corp. Class A 2.58% 967,112 $63.4M Add +19.7%
MSCI MSCI Inc. 2.27% 98,638 $55.8M Add +26.3%
TMO Thermo Fisher Scientific Inc. 2.25% 111,210 $55.3M Add +7.6%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 2.14% 152,221 $52.6M Reduce -16.1%
BRK.B Berkshire Hathaway Inc. Class B 2.03% 93,797 $50.0M Add +0.2%
AZO AutoZone Inc. 1.99% 12,859 $49.0M No change
COST Costco Wholesale Corp. 1.90% 49,383 $46.7M Reduce -0.2%
BX Blackstone Inc. 1.89% 332,356 $46.5M Add +50.9%
RSG Republic Services Inc. 1.87% 189,375 $45.9M No change
CRM Salesforce Inc. 1.69% 154,628 $41.5M Add +0.2%
ISRG Intuitive Surgical Inc. 1.67% 83,090 $41.2M Add +25.0%
MCO Moody's Corp. 1.62% 85,637 $39.9M Add +10.3%
ZTS Zoetis Inc. 1.57% 234,860 $38.7M No change
CPRT Copart Inc. 1.52% 659,281 $37.3M Add +15.6%
HD Home Depot Inc. 1.47% 98,312 $36.0M Add +0.3%
WMT Walmart Inc. 1.36% 381,019 $33.4M Add +28.2%
LRCX Lam Research Corp. 1.34% 454,751 $33.1M Add +0.0%
LLY Eli Lilly & Co. 1.33% 39,639 $32.7M No change
CMG Chipotle Mexican Grill Inc. 1.18% 576,203 $28.9M Add +81.1%
EW Edwards Lifesciences Corp. 1.10% 374,119 $27.1M No change
SHW The Sherwin-Williams Co. 1.05% 74,232 $25.9M Add +14.1%
AVGO Broadcom Inc. 0.87% 128,084 $21.4M Add +20.9%
DHR Danaher Corp. 0.79% 94,786 $19.4M Add +26.8%
PGR Progressive Corp. 0.53% 45,904 $13.0M Add +876.7%
MELI MercadoLibre Inc. 0.32% 4,023 $7.8M No change
WFC Wells Fargo & Co. 0.32% 108,045 $7.8M Add +1127.8%
KO The Coca-Cola Co. 0.22% 75,504 $5.4M Reduce -85.5%
UBER Uber Technologies Inc. 0.19% 65,699 $4.8M New
GEHC GE Healthcare Technology 0.15% 46,463 $3.8M No change
GOOG Alphabet Inc. Class C 0.10% 15,100 $2.4M Reduce -2.6%
KOF Coca-Cola Femsa Sab-SP ADR 0.08% 22,013 $2.0M No change
TSLA Tesla Inc. 0.08% 7,600 $2.0M Reduce -5.0%
NFLX Netflix Inc. 0.08% 2,000 $1.9M No change
ABBV Abbvie Inc. 0.07% 8,600 $1.8M Reduce -7.5%
JPM JPMorgan Chase & Co. 0.06% 5,700 $1.4M Reduce -1.7%
ACN Accenture PLC Class A 0.05% 4,100 $1.3M Add +5.1%
NBIS Nebius Group NV 0.05% 58,746 $1.2M Reduce -22.3%
INTU Intuit Inc. 0.05% 2,000 $1.2M Add +11.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.05% 9,500 $1.2M Add +4.4%
ADBE Adobe Inc. 0.05% 3,000 $1.2M Reduce -89.7%
QCOM Qualcomm Inc. 0.05% 7,300 $1.1M Add +4.3%
SPGI S&P Global Inc. 0.05% 2,200 $1.1M Reduce -97.0%
GILD Gilead Sciences Inc. 0.04% 9,800 $1.1M Add +263.0%
FISV Fiserv Inc. 0.04% 4,900 $1.1M Reduce -7.5%
BMY Bristol-Myers Squibb Co. 0.04% 17,700 $1.1M Reduce -7.3%
MRSH Marsh & McLennan Cos 0.04% 4,400 $1.1M New
LOW Lowe's Cos Inc. 0.04% 4,600 $1.1M Add +43.8%
LMT Lockheed Martin Corp. 0.04% 2,200 $983K Add +10.0%
XOM Exxon Mobil Corp. 0.04% 7,900 $940K Add +5.3%
TMUS T-Mobile US Inc. 0.04% 3,500 $933K New
CTAS Cintas Corp. 0.04% 4,500 $925K No change
BKNG Booking Holdings Inc. 0.04% 200 $921K No change
MSI Motorola Solutions Inc. 0.04% 2,100 $919K Add +10.5%
CI The Cigna Group 0.04% 2,700 $888K Reduce -20.6%
SPG Simon Property Group Inc. 0.04% 5,200 $864K Add +6.1%
HWM Howmet Aerospace Inc. 0.03% 6,600 $856K Add +120.0%
TFC Truist Financial Corp. 0.03% 20,700 $852K New
PH Parker Hannifin Corp. 0.03% 1,400 $851K Reduce -6.7%
MPC Marathon Petroleum Corp. 0.03% 5,700 $830K Reduce -5.0%
AMAT Applied Materials Inc. 0.03% 5,700 $827K Reduce -1.7%
MCK McKesson Corp. 0.03% 1,200 $808K Reduce -20.0%
HCA HCA Healthcare Inc. 0.03% 2,300 $795K Reduce -17.9%
DTE DTE Energy Company 0.03% 5,700 $788K Reduce -9.5%
CMI Cummins Inc. 0.03% 2,500 $784K Add +8.7%
BR Broadridge Financial Solutio 0.03% 3,200 $776K Reduce -5.9%
HIG Hartford Insurance Group Inc. 0.03% 6,200 $767K Reduce -15.1%
VLO Valero Energy Corp. 0.03% 5,800 $766K New
RJF Raymond James Financial Inc. 0.03% 5,500 $764K Add +14.6%
FTNT Fortinet Inc. 0.03% 7,900 $760K Reduce -7.1%
EIX Edison International 0.03% 12,900 $760K New
CNC Centene Corp. 0.03% 12,500 $759K Add +135.8%
IDXX Idexx Laboratories Inc. 0.03% 1,800 $756K Add +63.6%
IT Gartner Inc. 0.03% 1,800 $756K Add +12.5%
RF Regions Financial Corp. 0.03% 34,600 $752K Add +9.8%
RS Reliance Inc. 0.03% 2,600 $751K Add +188.9%
SBAC SBA Communications Corp. 0.03% 3,400 $748K Reduce -8.1%
KLAC KLA Corp. 0.03% 1,100 $748K Reduce -15.4%
SEIC Sei Investments Company 0.03% 9,600 $745K Add +11.6%
PYPL PayPal Holdings Inc. 0.03% 11,400 $744K Add +17.5%
CTSH Cognizant Tech Solutions-A 0.03% 9,700 $742K New
SYF Synchrony Financial 0.03% 14,000 $741K Add +20.7%
RMD Resmed Inc. 0.03% 3,300 $739K Add +3.1%
FICO Fair Isaac Corp. 0.03% 400 $738K No change
CHRW C.H. Robinson Worldwide Inc. 0.03% 7,200 $737K Add +5.9%
FOXA Fox Corp. Class A 0.03% 12,900 $730K Reduce -18.4%
RPM RPM International Inc. 0.03% 6,300 $729K Add +8.6%
LDOS Leidos Holdings Inc. 0.03% 5,400 $729K Add +14.9%
WY Weyerhaeuser Co. 0.03% 24,800 $726K Add +53.1%
ACM Aecom 0.03% 7,800 $723K Add +13.0%
EXPD Expeditors Intl Wash Inc. 0.03% 6,000 $722K Add +114.3%
CSL Carlisle Cos Inc. 0.03% 2,100 $715K Add +10.5%
MTD Mettler-Toledo International 0.03% 600 $709K Add +200.0%
TT Trane Technologies PLC 0.03% 2,100 $708K Add +50.0%
TEL Te Connectivity PLC 0.03% 5,000 $707K Reduce -5.7%
PHM Pultegroup Inc. 0.03% 6,700 $689K No change
LPLA LPL Financial Holdings Inc. 0.03% 2,100 $687K Add +110.0%
HST Host Hotels & Resorts Inc. 0.03% 48,300 $686K Add +323.7%
EME Emcor Group Inc. 0.03% 1,800 $665K Add +12.5%
MAS Masco Corp. 0.03% 9,500 $661K No change
OC Owens Corning 0.03% 4,600 $657K Add +15.0%
CRH CRH PLC 0.03% 7,300 $642K Reduce -18.9%
HOLX Hologic Inc. 0.03% 10,100 $624K Add +4.1%
FAST Fastenal Co. 0.03% 8,000 $620K Reduce -7.0%
BG Bunge Global SA 0.02% 8,000 $611K New
JBL Jabil Inc. 0.02% 4,300 $585K Add +38.7%
NUE Nucor Corp. 0.02% 4,500 $542K New
JNJ Johnson & Johnson 0.02% 3,200 $531K Add +28.0%
DOCU Docusign Inc. 0.02% 6,500 $529K Add +4.8%
PG The Procter & Gamble Co. 0.02% 3,100 $528K Add +3.3%
CAT Caterpillar Inc. 0.02% 1,600 $528K Reduce -52.9%
NVR NVR Inc. 0.02% 70 $507K Reduce -22.2%
WSM Williams-Sonoma Inc. 0.02% 3,200 $506K Add +6.7%
CDW CDW Corp. 0.02% 3,100 $497K New
LYV Live Nation Entertainment Inc. 0.02% 3,800 $496K Reduce -2.6%
BLDR Builders Firstsource Inc. 0.02% 3,700 $462K Reduce -5.1%
VST Vistra Corp. 0.02% 3,800 $446K Add +65.2%
STLD Steel Dynamics Inc. 0.02% 3,500 $438K Reduce -32.7%
PINS Pinterest Inc. Class A 0.02% 14,100 $437K New
BKR Baker Hughes Co. 0.02% 9,800 $431K New
MPWR Monolithic Power Systems Inc. 0.02% 700 $406K Reduce -12.5%
EXPE Expedia Group Inc. 0.02% 2,400 $403K New
TPL Texas Pacific Land Corp. 0.02% 300 $397K New
COR Cencora Inc. 0.02% 1,400 $389K New
APP AppLovin Corp. Class A 0.01% 1,300 $344K Add +30.0%
MRK Merck & Co. Inc. 0.01% 3,800 $341K New
DECK Deckers Outdoor Corp. 0.01% 2,900 $324K No change
POOL Pool Corp. 0.01% 1,000 $318K New
FDS Factset Research Systems Inc. 0.01% 700 $318K Reduce -53.3%
C Citigroup Inc. 0.01% 4,100 $291K New
AMP Ameriprise Financial Inc. 0.01% 600 $290K Reduce -25.0%
ADM Archer-Daniels-Midland Co. 0.01% 6,000 $288K New
INCY Incyte Corp. 0.01% 4,600 $279K No change
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.01% 3,900 $278K New
AOS Smith (a.o.) Corp. 0.01% 4,100 $268K No change
BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC 0.01% 13,300 $267K No change
PLTR Palantir Technologies Inc. Class A 0.01% 3,100 $262K New
LULU Lululemon Athletica Inc. 0.01% 900 $255K New
AON Aon PLC Class A 0.01% 600 $239K New
CVX Chevron Corp. 0.01% 1,400 $234K New
CDNS Cadence Design SYS Inc. 0.01% 900 $229K New
MANH Manhattan Associates Inc. 0.01% 1,300 $225K Reduce -50.0%
NTNX Nutanix Inc. Class A 0.01% 3,200 $223K New
GE General Electric filed as GE AEROSPACE 0.01% 1,100 $220K New
BAH Booz Allen Hamilton Holdings 0.01% 2,000 $209K Add +25.0%
CHKP Check Point Software Tech 0.01% 900 $205K New

Portfolio Sells Q4 2024 → Q1 2025
GOOGL Alphabet Inc. Class A Reduce -10.1% 5.13% −1.56
RIO Rio Tinto PLC-Spon ADR Sold out 0.00% −1.37
SPGI S&P Global Inc. Reduce -97.0% 0.05% −1.35
KO The Coca-Cola Co. Reduce -85.5% 0.22% −1.04
MSFT Microsoft Corp. Reduce -0.1% 9.52% −0.72
AMZN Amazon.com Inc. Reduce -0.4% 6.38% −0.69
ADBE Adobe Inc. Reduce -89.7% 0.05% −0.46
AAPL Apple Inc. Reduce -0.2% 4.57% −0.37
TSLA Tesla Inc. Reduce -5.0% 0.08% −0.05
CL Colgate-Palmolive Co. Sold out 0.00% −0.03
ALL Allstate Corp. Sold out 0.00% −0.03
TRV The Travelers Cos Inc. Sold out 0.00% −0.03
A Agilent Technologies Inc. Sold out 0.00% −0.03
NBIS Nebius Group NV Reduce -22.3% 0.05% −0.03
KMB Kimberly-Clark Corp. Sold out 0.00% −0.03
KEYS Keysight Technologies Inc. Sold out 0.00% −0.03
GWW WW Grainger Inc. Sold out 0.00% −0.03
TROW T Rowe Price Group Inc. Sold out 0.00% −0.03
JKHY Jack Henry & Associates Inc. Sold out 0.00% −0.03
CAT Caterpillar Inc. Reduce -52.9% 0.02% −0.03
VRSN Verisign Inc. Sold out 0.00% −0.02
SNA Snap-on Inc. Sold out 0.00% −0.02
PPG PPG Industries Inc. Sold out 0.00% −0.02
ROST Ross Stores Inc. Sold out 0.00% −0.02
FDX FedEx Corp. Sold out 0.00% −0.02
GOOG Alphabet Inc. Class C Reduce -2.6% 0.10% −0.02
MANH Manhattan Associates Inc. Reduce -50.0% 0.01% −0.02
DVA Davita Inc. Sold out 0.00% −0.02
ADSK Autodesk Inc. Sold out 0.00% −0.02
DKS Dick's Sporting Goods Inc. Sold out 0.00% −0.02
EA Electronic Arts Inc. Sold out 0.00% −0.02
SW Smurfit Westrock PLC Sold out 0.00% −0.02
FDS Factset Research Systems Inc. Reduce -53.3% 0.01% −0.02
WIX Wix.com Ltd. Sold out 0.00% −0.01
AVY Avery Dennison Corp. Sold out 0.00% −0.01
BBY Best Buy Co. Inc. Sold out 0.00% −0.01
CBRE CBRE Group Inc. Class A Sold out 0.00% −0.01
XYZ Block Inc. Sold out 0.00% −0.01
VLTO Veralto Corp. Sold out 0.00% −0.01
NKE Nike Inc. Class B Sold out 0.00% −0.01
P Everpure Inc. Class A Sold out 0.00% −0.01
BAC Bank of America Corp. Sold out 0.00% −0.01
CAH Cardinal Health Inc. Sold out 0.00% −0.01
ULTA Ulta Beauty Inc. Sold out 0.00% −0.01
DELL Dell Technologies -C Sold out 0.00% −0.01
NVR NVR Inc. Reduce -22.2% 0.02% −0.01
CRH CRH PLC Reduce -18.9% 0.03% −0.01
STLD Steel Dynamics Inc. Reduce -32.7% 0.02% −0.01
AMP Ameriprise Financial Inc. Reduce -25.0% 0.01% −0.00
AMAT Applied Materials Inc. Reduce -1.7% 0.03% −0.00

Portfolio Buys Q4 2024 → Q1 2025
ICE Intercontinental Exchange Inc. Add +7.9% 2.83% +0.66
PGR Progressive Corp. Add +876.7% 0.53% +0.48
MSCI MSCI Inc. Add +26.3% 2.27% +0.44
CMG Chipotle Mexican Grill Inc. Add +81.1% 1.18% +0.43
BX Blackstone Inc. Add +50.9% 1.89% +0.41
APH Amphenol Corp. Class A Add +19.7% 2.58% +0.39
UNH Unitedhealth Group Inc. Add +8.1% 2.71% +0.39
BRK.B Berkshire Hathaway Inc. Class B Add +0.2% 2.03% +0.38
META Meta Platforms Inc. Class A Add +4.4% 5.46% +0.37
ISRG Intuitive Surgical Inc. Add +25.0% 1.67% +0.32
WMT Walmart Inc. Add +28.2% 1.36% +0.31
WFC Wells Fargo & Co. Add +1127.8% 0.32% +0.29
CPRT Copart Inc. Add +15.6% 1.52% +0.24
UBER Uber Technologies Inc. New 0.19% +0.19
SHW The Sherwin-Williams Co. Add +14.1% 1.05% +0.19
MCO Moody's Corp. Add +10.3% 1.62% +0.19
TMO Thermo Fisher Scientific Inc. Add +7.6% 2.25% +0.16
DHR Danaher Corp. Add +26.8% 0.79% +0.12
LRCX Lam Research Corp. Add +0.0% 1.34% +0.07
MRSH Marsh & McLennan Cos New 0.04% +0.04
TMUS T-Mobile US Inc. New 0.04% +0.04
GILD Gilead Sciences Inc. Add +263.0% 0.04% +0.04
TFC Truist Financial Corp. New 0.03% +0.03
VLO Valero Energy Corp. New 0.03% +0.03
EIX Edison International New 0.03% +0.03
CTSH Cognizant Tech Solutions-A New 0.03% +0.03
BG Bunge Global SA New 0.02% +0.02
HWM Howmet Aerospace Inc. Add +120.0% 0.03% +0.02
NUE Nucor Corp. New 0.02% +0.02
RS Reliance Inc. Add +188.9% 0.03% +0.02
CDW CDW Corp. New 0.02% +0.02
HST Host Hotels & Resorts Inc. Add +323.7% 0.03% +0.02
MTD Mettler-Toledo International Add +200.0% 0.03% +0.02
CNC Centene Corp. Add +135.8% 0.03% +0.02
PINS Pinterest Inc. Class A New 0.02% +0.02
BKR Baker Hughes Co. New 0.02% +0.02
EXPD Expeditors Intl Wash Inc. Add +114.3% 0.03% +0.02
EXPE Expedia Group Inc. New 0.02% +0.02
TPL Texas Pacific Land Corp. New 0.02% +0.02
COR Cencora Inc. New 0.02% +0.02
LPLA LPL Financial Holdings Inc. Add +110.0% 0.03% +0.02
MRK Merck & Co. Inc. New 0.01% +0.01
IDXX Idexx Laboratories Inc. Add +63.6% 0.03% +0.01
LOW Lowe's Cos Inc. Add +43.8% 0.04% +0.01
POOL Pool Corp. New 0.01% +0.01
C Citigroup Inc. New 0.01% +0.01
WY Weyerhaeuser Co. Add +53.1% 0.03% +0.01
ADM Archer-Daniels-Midland Co. New 0.01% +0.01
WRB WR Berkley Corp. New 0.01% +0.01
PLTR Palantir Technologies Inc. Class A New 0.01% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 184$5.6BNVDA, GOOGL, AAPL, MSFT, AMZN
Q1 2026 185$5.3BNVDA, AMZN, GOOGL, C, AAPL
Q4 2025 177$7.2BMSFT, AMZN, TSLA, NVDA, GOOGL
Q3 2025 110$2.7BMSFT, GOOGL, AMZN, NVDA, META
Q2 2025 167$2.6BMSFT, AMZN, META, GOOGL, NVDA
Q1 2025 158$2.5BMSFT, AMZN, META, GOOGL, AAPL
Q4 2024 162$2.6BMSFT, AMZN, GOOGL, META, AAPL
Q3 2024 46$2.5BMSFT, GOOGL, AMZN, META, AAPL
Q2 2024 44$2.4BMSFT, GOOGL, AMZN, META, AAPL
Q1 2024 42$2.2BMSFT, GOOGL, AMZN, META, AAPL