Milestone Resources Group Ltd

Fundamental concentrated ★Highest signal CIK 1708139
League rank
#938
in Fundamental concentrated · #7351 overall
Long book
$1.64B
Q1 2026
Positions
9
Top-10 weight
100%
concentration
Last quarter
+13.5%
SPY +14.8%
Turnover
27%
of book per quarter

Strategy in plain words

auto-generated from filings

Milestone Resources Group Ltd is a concentrated fundamental stock-picker, running a $1.64B US long book across 9 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: BROADCOM INC, AMAZON.COM INC, MICROSOFT CORP, S&P GLOBAL INC, ICICI BANK LTD-SPON ADR.

Over the last 9 quarters its long book ran on average 2.8pp per quarter behind the S&P 500, beating the index in 2 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+6.7%
Q2 2024
+4.0%
Q3 2024
+2.4%
Q4 2024
-8.6%
Q1 2025
+11.1%
Q2 2025
-0.2%
Q3 2025
+0.6%
Q4 2025
-14.8%
Q1 2026
+13.5%

Sector allocation

Technology
49%
Consumer discretionary
31%
Services media
15%
Industrials
5%

Long book by quarter

$2.84B
Q1 2024
$2.92B
Q2 2024
$2.87B
Q3 2024
$3.02B
Q4 2024
$1.89B
Q1 2025
$1.92B
Q2 2025
$1.99B
Q3 2025
$2.04B
Q4 2025
$1.64B
Q1 2026

What does Milestone Resources own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AVGO BROADCOM INCTechnology1.2M$373.9M22.9%+0.1%
AMZN AMAZON.COM INCConsumer discretionary1.5M$317.1M19.4%Held
MSFT MICROSOFT CORPTechnology841.2K$311.4M19.0%+0.3%
SPGI S&P GLOBAL INCServices media498.9K$212.2M13.0%+0.1%
SHW SHERWIN-WILLIAMS CO/THEConsumer discretionary354.2K$113.5M6.9%-10.5%
SN SHARKNINJA INCIndustrials415.2K$44.0M2.7%Held
ASML ASML HOLDING NV-NY REG SHSIndustrials18.8K$24.8M1.5%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 7, 20269$1.64B $K fixed canonicalSEC ↗
Q4 202513F-HRFeb 6, 202610$2.04B $K fixed canonicalSEC ↗
Q3 202513F-HRNov 4, 202510$1.99B $K fixed canonicalSEC ↗
Q2 202513F-HRAug 8, 202513$1.92B $K fixed canonicalSEC ↗
Q1 202513F-HRMay 9, 202521$1.89B $K fixed canonicalSEC ↗
Q4 202413F-HRFeb 11, 202526$3.02B $K fixed canonicalSEC ↗
Q3 202413F-HR/ARESTATEMENTDec 9, 202428$2.87B $K fixed canonicalSEC ↗
Q3 202413F-HRNov 13, 202428$2.9M SEC ↗
Q2 202413F-HRAug 2, 202426$2.92B $K fixed canonicalSEC ↗
Q1 202413F-HRMay 8, 202427$2.84B $K fixed canonicalSEC ↗