Ninety One UK Ltd

Other Low signal CIK 1418329
League rank
#1524
in Other · #6213 overall
Long book
$43.13B
Q1 2026
Positions
237
Top-10 weight
35%
concentration
Last quarter
+8.4%
SPY +14.8%
Turnover
32%
of book per quarter

Strategy in plain words

auto-generated from filings

Ninety One UK Ltd is an institutional manager, running a $43.13B US long book across 237 positions.

The portfolio is moderately concentrated (top 10 ≈ 35% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ALPHABET INC-CL A, MICROSOFT CORP, NVIDIA CORP, VISA INC-CLASS A SHARES, JOHNSON & JOHNSON.

Over the last 9 quarters its long book ran on average 1.1pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+2.9%
Q2 2024
+4.6%
Q3 2024
+2.6%
Q4 2024
-1.4%
Q1 2025
+13.1%
Q2 2025
+5.9%
Q3 2025
+2.5%
Q4 2025
-8.4%
Q1 2026
+8.4%

Sector allocation

Technology
36%
Services media
13%
Healthcare
12%
Financials
10%
Industrials
9%
Consumer staples
5%
Materials
4%
Energy
4%

Long book by quarter

$35.61B
Q1 2024
$36.22B
Q2 2024
$37.47B
Q3 2024
$37.38B
Q4 2024
$35.94B
Q1 2025
$42.61B
Q2 2025
$91.76B
Q3 2025
$46.64B
Q4 2025
$43.13B
Q1 2026

What does Ninety One own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
GOOGL ALPHABET INC-CL ATechnology8.3M$2.38B5.5%-7.9%
MSFT MICROSOFT CORPTechnology5.4M$2.00B4.6%-18.1%
NVDA NVIDIA CORPTechnology11.3M$1.97B4.6%-9.8%
V VISA INC-CLASS A SHARESServices media6.1M$1.85B4.3%0.0%
JNJ JOHNSON & JOHNSONHealthcare6.6M$1.62B3.8%-2.5%
AAPL APPLE INCTechnology5.1M$1.28B3.0%+69.1%
PM PHILIP MORRIS INTERNATIONALConsumer staples7.2M$1.18B2.7%+0.1%
BKNG BOOKING HOLDINGS INCIndustrials253.4K$1.07B2.5%+21.5%
EW EDWARDS LIFESCIENCES CORPHealthcare12.4M$992.7M2.3%+60.3%
ADSK AUTODESK INCTechnology4.0M$963.7M2.2%-13.3%
AMZN AMAZON.COM INCConsumer discretionary4.5M$927.7M2.2%+0.4%
AVGO BROADCOM INCTechnology2.9M$887.7M2.1%-20.1%
EA ELECTRONIC ARTS INCTechnology4.2M$851.3M2.0%+0.5%
INTU INTUIT INCTechnology1.9M$813.2M1.9%+35.1%
TKO TKO GROUP HOLDINGS INCServices media3.6M$729.8M1.7%-27.7%
MRSH MARSH & MCLENNAN COSFinancials4.0M$698.9M1.6%+13.8%
XOM EXXON MOBIL CORPEnergy4.1M$698.2M1.6%+48.4%
JPM JPMORGAN CHASE & COFinancials2.3M$678.2M1.6%+14.0%
MSI MOTOROLA SOLUTIONS INCTechnology1.3M$584.0M1.4%+0.5%
MNST MONSTER BEVERAGE CORPConsumer staples7.5M$540.2M1.3%-13.2%
MA MASTERCARD INC - AServices media1.1M$533.5M1.2%-13.7%
VRSN VERISIGN INCTechnology2.1M$515.9M1.2%+0.3%
B BARRICK MINING CORPMaterials11.9M$486.3M1.1%-10.7%
LLY ELI LILLY & COHealthcare524.2K$482.2M1.1%-3.1%
ADP AUTOMATIC DATA PROCESSINGTechnology2.4M$480.3M1.1%-0.5%
BSX BOSTON SCIENTIFIC CORPHealthcare7.3M$458.6M1.1%+34.2%
CVX CHEVRON CORPEnergy2.0M$416.8M1.0%+382.4%
SPGI S&P GLOBAL INCServices media979.9K$416.8M1.0%+6.4%
J JACOBS SOLUTIONS INCIndustrials3.3M$414.3M1.0%+3.1%
CFG CITIZENS FINANCIAL GROUPFinancials6.8M$405.9M0.9%+2.9%
AZN ASTRAZENECA PLCHealthcare2.0M$396.5M0.9%New
AER AERCAP HOLDINGS NVServices media2.8M$385.5M0.9%+0.2%
ALGN ALIGN TECHNOLOGY INCHealthcare2.2M$382.0M0.9%0.0%
RACE FERRARI NVIndustrials1.1M$367.7M0.9%+22.0%
MCO MOODY'S CORPServices media840.3K$366.6M0.9%+0.5%
CPW CHECK POINT SOFTWARE TECH2.6M$366.1M0.8%+0.5%
SNX TD SYNNEX CORPConsumer discretionary2.1M$353.3M0.8%-6.0%
CRH CRH PLCIndustrials3.3M$349.1M0.8%-3.6%
TT TRANE TECHNOLOGIES PLCTechnology821.0K$342.2M0.8%+21.8%
GM GENERAL MOTORS COIndustrials4.5M$337.4M0.8%-8.4%
UBS UBS GROUP AG-REGFinancials8.7M$332.3M0.8%-1.6%
ABT ABBOTT LABORATORIESHealthcare3.1M$319.3M0.7%+15.7%
TMO THERMO FISHER SCIENTIFIC INCOther637.3K$313.2M0.7%-28.6%
META META PLATFORMS INC-CLASS ATechnology528.8K$302.6M0.7%+31.8%
GS GOLDMAN SACHS GROUP INCFinancials352.8K$298.4M0.7%-27.7%
NEE NEXTERA ENERGY INCUtilities3.0M$281.8M0.7%+59.5%
FCX FREEPORT-MCMORAN INCMaterials4.6M$269.5M0.6%-1.3%
FDS FACTSET RESEARCH SYSTEMS INCTechnology1.2M$259.3M0.6%0.0%
QCOM QUALCOMM INCTechnology2.0M$253.9M0.6%+422.9%
BA BOEING CO/THEIndustrials1.3M$249.0M0.6%+46.0%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 24, 2026237$43.13B canonicalSEC ↗
Q4 202513F-HRJan 27, 2026225$46.64B canonicalSEC ↗
Q3 202513F-HR/ANEW HOLDINGSNov 13, 2025212$46.31B canonicalSEC ↗
Q3 202513F-HROct 21, 2025206$45.45B canonicalSEC ↗
Q2 202513F-HRJul 18, 2025202$42.61B canonicalSEC ↗
Q1 202513F-HRApr 30, 2025193$35.94B canonicalSEC ↗
Q4 202413F-HRJan 27, 2025191$37.38B canonicalSEC ↗
Q3 202413F-HRNov 12, 2024194$37.47Bconfidential canonicalSEC ↗
Q2 202413F-HRJul 22, 2024187$36.22B canonicalSEC ↗
Q1 202413F-HRApr 25, 2024185$35.61B canonicalSEC ↗