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

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 10, 2026), United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund reported 177 stock positions worth $7.2 billion. Its top holding was Microsoft (MSFT) at 11.4% of the portfolio, followed by Amazon.com (AMZN, 7.0%) and Tesla (TSLA, 4.9%). Compared with Q3 2025, it opened 86 new positions, sold out of 19, added to 62 and reduced 19. The biggest buy was Tesla (TSLA, shares +10161%) and the biggest sale Mastercard Class A (MA, shares −11%).

Most Recent 13F
Q2 2026
Location
MELBOURNE, C3
CIK
0001730896
Portfolio Value
$7.2B (Q4 2025)
SEC Filing
0001730896-26-000002 ↗ filed Feb 10, 2026

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 Q1 2025 Q2 2025: $2.6B Q2 2025 Q3 2025: $2.7B Q3 2025 Q4 2025: $7.2B $7.2B Q4 2025 Q1 2026: $5.3B Q1 2026 Q2 2026: $5.6B Q2 2026

Holdings 177 stocks · $7.2B
MSFT Microsoft Corp. 11.36% 1,691,966 $818.3M Add +188.6%
AMZN Amazon.com Inc. 6.97% 2,173,996 $501.8M Add +184.7%
TSLA Tesla Inc. 4.94% 790,135 $355.3M Add +10161.5%
NVDA Nvidia Corp. 4.40% 1,700,072 $317.1M Add +93.8%
GOOGL Alphabet Inc. Class A 4.01% 921,848 $288.5M Add +17.9%
TXN Texas Instruments Inc. 3.17% 1,315,992 $228.3M Add +994.7%
AAPL Apple Inc. 2.99% 793,123 $215.6M Add +135.3%
AMAT Applied Materials Inc. 2.41% 676,245 $173.8M New
LRCX Lam Research Corp. 2.39% 1,005,927 $172.2M Add +132.0%
META Meta Platforms Inc. Class A 2.23% 242,730 $160.2M Add +12.7%
GS Goldman Sachs Group Inc. 1.95% 160,000 $140.6M New
ASML ASML Holding NV-NY Reg SHS 1.80% 120,834 $129.3M New
PLTR Palantir Technologies Inc. Class A 1.59% 645,485 $114.7M Add +8622.8%
INTC Intel Corp. 1.59% 3,100,000 $114.4M New
APH Amphenol Corp. Class A 1.51% 804,101 $108.7M Reduce -3.8%
V Visa Inc. Class A 1.22% 250,798 $88.0M Reduce -8.4%
MA Mastercard Inc. Class A 1.17% 147,067 $84.0M Reduce -11.2%
AVGO Broadcom Inc. 1.11% 231,716 $80.2M Add +67.3%
LIN Linde PLC 1.08% 182,795 $77.9M No change
MAR Marriott International Class A 1.05% 243,798 $75.6M No change
TMO Thermo Fisher Scientific Inc. 1.02% 126,612 $73.4M No change
MRK Merck & Co. Inc. 0.96% 658,905 $69.4M New
C Citigroup Inc. 0.95% 586,757 $68.5M New
ABT Abbott Laboratories 0.95% 544,814 $68.3M No change
CSCO Cisco Systems Inc. 0.92% 861,427 $66.4M New
LLY Eli Lilly & Co. 0.89% 59,424 $63.9M Reduce -1.5%
ADBE Adobe Inc. 0.88% 180,561 $63.2M Add +2129.2%
MCO Moody's Corp. 0.85% 119,507 $61.1M Add +37.4%
CMCSA Comcast Corp. Class A 0.85% 2,040,546 $61.0M New
QCOM Qualcomm Inc. 0.85% 355,822 $60.9M Add +2679.9%
BX Blackstone Inc. 0.81% 376,390 $58.0M Add +10.8%
ISRG Intuitive Surgical Inc. 0.80% 102,154 $57.9M Add +8.4%
MSCI MSCI Inc. 0.78% 98,135 $56.3M Add +3.5%
GILD Gilead Sciences Inc. 0.77% 450,096 $55.2M Add +1679.0%
VZ Verizon Communications Inc. 0.74% 1,314,891 $53.6M New
ICE Intercontinental Exchange Inc. 0.72% 321,306 $52.0M No change
HCA HCA Healthcare Inc. 0.72% 110,977 $51.8M Add +4010.3%
BMY Bristol-Myers Squibb Co. 0.72% 959,809 $51.8M New
WFC Wells Fargo & Co. 0.70% 537,715 $50.1M Add +1.3%
AZO AutoZone Inc. 0.67% 14,224 $48.2M Add +15.3%
T AT&T Inc. 0.65% 1,895,960 $47.1M New
GOOG Alphabet Inc. Class C 0.64% 147,916 $46.4M Add +886.1%
COST Costco Wholesale Corp. 0.64% 53,298 $46.0M Add +16.7%
RSG Republic Services Inc. 0.61% 207,272 $43.9M Add +14.0%
CRM Salesforce Inc. 0.61% 165,704 $43.9M Add +198.8%
ACN Accenture PLC Class A 0.58% 155,981 $41.8M Add +1849.8%
TEL Te Connectivity PLC 0.57% 181,326 $41.3M Add +1386.3%
WMT Walmart Inc. 0.54% 351,491 $39.2M Reduce -15.4%
UNH Unitedhealth Group Inc. 0.54% 118,072 $39.0M Reduce -0.3%
EW Edwards Lifesciences Corp. 0.52% 437,403 $37.3M No change
JPM JPMorgan Chase & Co. 0.51% 112,883 $36.4M Add +2113.4%
NEM Newmont Corp. 0.47% 342,367 $34.2M New
CI The Cigna Group 0.47% 123,888 $34.1M New
ZTS Zoetis Inc. 0.46% 263,349 $33.1M Add +19.1%
EOG EOG Resources Inc. 0.42% 290,456 $30.5M New
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.42% 116,985 $30.3M Reduce -19.9%
FDX FedEx Corp. 0.40% 100,289 $29.0M New
PGR Progressive Corp. 0.40% 126,374 $28.8M Add +13.0%
SHW The Sherwin-Williams Co. 0.39% 86,951 $28.2M Add +22.0%
TGT Target Corp. 0.38% 281,020 $27.5M New
GM General Motors Co. 0.37% 323,505 $26.3M New
CTSH Cognizant Tech Solutions-A 0.35% 304,878 $25.3M New
IR Ingersoll-Rand Inc. 0.35% 315,264 $25.0M Add +39.0%
EBAY eBay Inc. 0.34% 283,215 $24.7M Add +904.3%
KR Kroger Co. 0.34% 388,471 $24.3M Add +8934.2%
DELL Dell Technologies -C 0.32% 185,354 $23.3M New
FISV Fiserv Inc. 0.32% 343,943 $23.1M New
STT State Street Corp. 0.32% 176,896 $22.8M New
FICO Fair Isaac Corp. 0.31% 13,266 $22.4M No change
NFLX Netflix Inc. 0.31% 235,120 $22.0M Add +44.9%
EXPE Expedia Group Inc. 0.30% 75,602 $21.4M New
AIG American International Group 0.30% 250,143 $21.4M New
NRG NRG Energy Inc. 0.30% 133,921 $21.3M Add +1213.0%
UBER Uber Technologies Inc. 0.29% 253,993 $20.8M Add +115.2%
SYF Synchrony Financial 0.27% 234,986 $19.6M Add +1003.2%
EME Emcor Group Inc. 0.27% 31,676 $19.4M Add +779.9%
HPE Hewlett Packard Enterprise 0.27% 802,575 $19.3M New
MLM Martin Marietta Materials 0.27% 30,954 $19.3M Add +124.4%
F Ford Motor Co. filed as FORD MTR CO 0.25% 1,363,539 $17.9M New
JBL Jabil Inc. 0.24% 75,976 $17.3M Add +773.3%
IBKR Interactive Brokers Gro Class A 0.24% 263,581 $17.0M New
LDOS Leidos Holdings Inc. 0.22% 89,631 $16.2M Add +653.2%
CFG Citizens Financial Group 0.22% 265,671 $15.5M New
GIS General Mills Inc. 0.21% 332,808 $15.5M New
PHM Pultegroup Inc. 0.20% 124,335 $14.6M New
LULU Lululemon Athletica Inc. 0.19% 67,316 $14.0M New
WSM Williams-Sonoma Inc. 0.19% 75,064 $13.4M Add +2488.4%
ZM Zoom Communications Inc. 0.18% 154,272 $13.3M New
NTAP Netapp Inc. 0.18% 123,924 $13.3M New
UTHR United Therapeutics Corp. 0.18% 26,583 $13.0M New
HPQ HP Inc. 0.18% 580,928 $12.9M New
SSNC Ss&c Technologies Holdings 0.17% 141,902 $12.4M New
FOXA Fox Corp. Class A 0.17% 169,698 $12.4M Add +2193.2%
CVS CVS Health Corp. 0.17% 151,486 $12.0M New
GPN Global Payments Inc. 0.16% 151,370 $11.7M New
SNA Snap-on Inc. 0.16% 32,549 $11.2M New
ZBH Zimmer Biomet Holdings Inc. 0.15% 122,735 $11.0M New
MAS Masco Corp. 0.15% 166,822 $10.6M Add +713.8%
GDDY GoDaddy Inc. Class A 0.14% 83,684 $10.4M New
BSX Boston Scientific Corp. 0.14% 107,888 $10.3M New

Show all 177 holdings

Portfolio Sells Q3 2025 → Q4 2025
MA Mastercard Inc. Class A Reduce -11.2% 1.17% −2.27
APH Amphenol Corp. Class A Reduce -3.8% 1.51% −2.26
V Visa Inc. Class A Reduce -8.4% 1.22% −2.19
AJG Arthur J Gallagher & Co. Reduce -19.9% 0.42% −1.23
CMG Chipotle Mexican Grill Inc. Sold out 0.00% −1.02
WMT Walmart Inc. Reduce -15.4% 0.54% −1.02
UNH Unitedhealth Group Inc. Reduce -0.3% 0.54% −0.95
LLY Eli Lilly & Co. Reduce -1.5% 0.89% −0.79
INTU Intuit Inc. Sold out 0.00% −0.11
TMUS T-Mobile US Inc. Sold out 0.00% −0.10
COR Cencora Inc. Sold out 0.00% −0.10
IDXX Idexx Laboratories Inc. Sold out 0.00% −0.10
FERG Ferguson Enterprises Inc. Sold out 0.00% −0.09
NBIS Nebius Group NV Reduce -25.6% 0.02% −0.09
ACM Aecom Sold out 0.00% −0.09
KO The Coca-Cola Co. Sold out 0.00% −0.09
CCK Crown Holdings Inc. Sold out 0.00% −0.09
WAB Wabtec Corp. Reduce -48.8% 0.02% −0.07
EIX Edison International Sold out 0.00% −0.07
HIG Hartford Insurance Group Inc. Reduce -25.5% 0.03% −0.07
TT Trane Technologies PLC Reduce -83.6% 0.00% −0.06
PH Parker Hannifin Corp. Reduce -1.2% 0.04% −0.05
LOW Lowe's Cos Inc. Sold out 0.00% −0.05
P Everpure Inc. Class A Reduce -50.0% 0.01% −0.04
APP AppLovin Corp. Class A Reduce -7.0% 0.02% −0.04
ALLE Allegion PLC Sold out 0.00% −0.04
CDW CDW Corp. Sold out 0.00% −0.04
PYPL PayPal Holdings Inc. Sold out 0.00% −0.04
J Jacobs Solutions Inc. Reduce -1.1% 0.02% −0.03
RPM RPM International Inc. Sold out 0.00% −0.03
CEG Constellation Energy Sold out 0.00% −0.03
TRV The Travelers Cos Inc. Reduce -71.9% 0.00% −0.03
KLAC KLA Corp. Sold out 0.00% −0.03
BRK.B Berkshire Hathaway Inc. Class B Reduce -2.0% 0.01% −0.02
ORCL Oracle Corp. Reduce -35.0% 0.00% −0.02
EG Everest Group Ltd. Sold out 0.00% −0.02
XOM Exxon Mobil Corp. Reduce -12.5% 0.01% −0.01
ACI Albertsons Cos Inc. Class A Sold out 0.00% −0.01

Portfolio Buys Q3 2025 → Q4 2025
TSLA Tesla Inc. Add +10161.5% 4.94% +4.81
AMAT Applied Materials Inc. New 2.41% +2.41
TXN Texas Instruments Inc. Add +994.7% 3.17% +2.37
GS Goldman Sachs Group Inc. New 1.95% +1.95
ASML ASML Holding NV-NY Reg SHS New 1.80% +1.80
INTC Intel Corp. New 1.59% +1.59
PLTR Palantir Technologies Inc. Class A Add +8622.8% 1.59% +1.54
MRK Merck & Co. Inc. New 0.96% +0.96
C Citigroup Inc. New 0.95% +0.95
CSCO Cisco Systems Inc. New 0.92% +0.92
AMZN Amazon.com Inc. Add +184.7% 6.97% +0.86
CMCSA Comcast Corp. Class A New 0.85% +0.85
ADBE Adobe Inc. Add +2129.2% 0.88% +0.77
QCOM Qualcomm Inc. Add +2679.9% 0.85% +0.77
VZ Verizon Communications Inc. New 0.74% +0.74
BMY Bristol-Myers Squibb Co. New 0.72% +0.72
HCA HCA Healthcare Inc. Add +4010.3% 0.72% +0.68
GILD Gilead Sciences Inc. Add +1679.0% 0.77% +0.66
T AT&T Inc. New 0.65% +0.65
GOOG Alphabet Inc. Class C Add +886.1% 0.64% +0.51
ACN Accenture PLC Class A Add +1849.8% 0.58% +0.51
TEL Te Connectivity PLC Add +1386.3% 0.57% +0.48
NEM Newmont Corp. New 0.47% +0.47
CI The Cigna Group New 0.47% +0.47
JPM JPMorgan Chase & Co. Add +2113.4% 0.51% +0.45
EOG EOG Resources Inc. New 0.42% +0.42
FDX FedEx Corp. New 0.40% +0.40
TGT Target Corp. New 0.38% +0.38
GM General Motors Co. New 0.37% +0.37
CTSH Cognizant Tech Solutions-A New 0.35% +0.35
KR Kroger Co. Add +8934.2% 0.34% +0.33
DELL Dell Technologies -C New 0.32% +0.32
FISV Fiserv Inc. New 0.32% +0.32
STT State Street Corp. New 0.32% +0.32
MSFT Microsoft Corp. Add +188.6% 11.36% +0.30
EXPE Expedia Group Inc. New 0.30% +0.30
AIG American International Group New 0.30% +0.30
LRCX Lam Research Corp. Add +132.0% 2.39% +0.28
HPE Hewlett Packard Enterprise New 0.27% +0.27
EBAY eBay Inc. Add +904.3% 0.34% +0.25
F Ford Motor Co. New 0.25% +0.25
NRG NRG Energy Inc. Add +1213.0% 0.30% +0.24
IBKR Interactive Brokers Gro Class A New 0.24% +0.24
SYF Synchrony Financial Add +1003.2% 0.27% +0.22
CFG Citizens Financial Group New 0.22% +0.22
GIS General Mills Inc. New 0.21% +0.21
PHM Pultegroup Inc. New 0.20% +0.20
LULU Lululemon Athletica Inc. New 0.19% +0.19
ZM Zoom Communications Inc. New 0.18% +0.18
NTAP Netapp Inc. New 0.18% +0.18

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