DOSSIER · 13F-HR · Q2 2026

Ninety One North America, Inc.

$2.1B in tracked AUM across 106 positions as of Q2 2026.

NO
CIK 0001633343 · last filed Jun 30, 2026
Total AUM
$2.1B
as of Q2 2026
Holdings
106
positions
Whale Score
58
58
tracked
Activity
no data
changes this Q
AI Analysis · Q2 2026
Comprehensive Analysis of SEC 13F Filing: Ninety One North America, Inc.
1. Portfolio Overview

For the reporting period ending September 30, 2025, Ninety One North America, Inc. managed a portfolio totaling approximately $1.23 billion across 43 holdings. This represents a significant contraction in assets under management (AUM), with the total portfolio value decreasing by 39.9% from the previous quarter's $2.04 billion. This reduction is attributable to a combination of market...

The portfolio is moderately concentrated, with the top 10 positions accounting for roughly 65% of total assets. The manager employs a focused strategy, maintaining positions primarily in large-cap and mid-cap equities, with a growing allocation to ETFs for specific geographic or fixed-income exposure. The recent quarter was characterized by high turnover, evidenced by 13 new positions and 20 complete exits, signaling a tactical shift in the firm's investment outlook.

2. Key Holdings

The portfolio is anchored by high-quality, dominant players in the financial and technology sectors.

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
V
Visa Inc
$147M429K6.9%
02
PM
Philip Morris International Inc
$126M697K5.9%
03
GOOGL
Alphabet Inc
$99M277K4.6%
04
MSFT
Microsoft Corp
$90M240K4.2%
05
BKNG
Booking Holdings Inc
$79M445K3.7%
06
JNJ
Johnson & Johnson
$73M286K3.4%
07
NTES
NetEase Inc
$62M486K2.9%
08
EW
Edwards Lifesciences Corp
$56M616K2.6%
09
MA
Mastercard Inc
$55M106K2.6%
10
ADSK
Autodesk Inc
$54M279K2.5%

Filing history

2026Q2Jun 30
$2.1B 4.2%
106 positionsView →
2026Q1Mar 31
$2.2B 9.7%
100 positionsView →
2025Q4Dec 31
$2.5B 15.0%
102 positionsView →
2025Q3Sep 30
$2.1B 5.3%
68 positionsView →
2025Q2Jun 30
$2.0B 37.1%
65 positionsLocked
2025Q1Mar 31
$1.5B 8.0%
68 positionsLocked
2024Q4Dec 31
$1.6B 9.7%
71 positionsLocked
2024Q3Sep 30
$1.5B 25.7%
66 positionsLocked
2024Q2Jun 30
$2.0B 3.8%
62 positionsLocked
2024Q1Mar 31
$2.1B 0.5%
61 positionsLocked
2023Q4Dec 31
$2.0B 0.4%
68 positionsLocked
2023Q3Sep 30
$2.0B 13.5%
68 positionsLocked
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