§ 13F · FUND PROFILE
Ninety One UK Ltd.
South African, quality growth equities
AUM · $44.7B (13F)Positions · 271Turnover · 93% · Q1Filed · Jul 16, 2026
CONCENTRATION
36%
Top 10 holdings
NEW BUYS
+50
+$1.3B deployed
EXITS
0
No exits
SECTOR SHIFT
MEDIA → OTHER
-2pp · +5pp
§ 01 · TOP HOLDINGS
The book · Q1 2026
FILED JUL 16, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q1 |
|---|---|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc | 6.81M | $2.4B | 5.4% | −18% |
| 2 | NVDA | NVIDIA Corp | 11.56M | $2.3B | 5.2% | +2% |
| 3 | V | Visa Inc | 6.10M | $2.1B | 4.7% | ±0% |
| 4 | MSFT | Microsoft Corp | 5.57M | $2.1B | 4.6% | +3% |
| 5 | JNJ | Johnson & Johnson | 6.78M | $1.7B | 3.8% | +2% |
| 6 | AAPL | Apple Inc | 4.90M | $1.4B | 3.2% | −3% |
| 7 | PM | Philip Morris International Inc | 7.19M | $1.3B | 2.9% | ±0% |
| 8 | BKNG | Booking Holdings Inc | 6.43M | $1.1B | 2.6% | +2436% |
| 9 | AMZN | Amazon.com Inc | 4.69M | $1.1B | 2.5% | +5% |
| 10 | EW | Edwards Lifesciences Corp | 12.34M | $1.1B | 2.5% | ±0% |
§ 02 · SECTOR ALLOCATION
Where the money is
Other46.7% (+5pp)
Technology14.6% (−2pp)
Media12.1% (−2pp)
Financial Services11.2% (−1pp)
Semiconductors8.8% (−1pp)
Pharmaceuticals6.1%
§ 03 · THE NINETY SIGNAL
AC read
Ninety One UK Ltd is a Quality / Compounder fund managing $44.7 billion in assets. The fund runs a broad portfolio of 271 positions, broad diversification across holdings, with the top 10 accounting for 36%. Trading activity is aggressive at 93% quarterly turnover, with 50 new positions and 0 exits last quarter. Top sector allocations: Other (47%), Technology (15%), Media (12%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
3 OF 2 FILINGS MEASURED
Q1 2026
Busy quarter
+50 buys · −0 exits · 170 changed
Q4 2025
Busy quarter
+23 buys · −0 exits · 200 changed
Q3 2025
Busy quarter
+21 buys · −0 exits · 189 changed