Q3 2026 13F · SEC CIK 1633343

Ninety One North America, Inc.

Hedge fundFiled 2026-10-15 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $2.1B
Reported positions: 108
Top holdings a year, 3 yrs: +11.0%
Assets under management: $41.5B

Ninety One North America, Inc. is a hedge fund that reported 108 positions worth $2.1B in its Q3 2026 13F, filed 2026-10-15. Its largest holdings were Visa Inc (V, 6.8%), Philip Morris Intl Inc (PM, 5.5%), Microsoft Corp (MSFT, 5.5%). A portfolio copying its top holdings returned 11.0% a year over the last 3 years, against 20.4% for the S&P 500.

Ninety One North America, Inc. holdings largest 50 of 108 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Ninety One North America, Inc. 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
VVisa Inc	6.8%	6.9%	401,096	-6.4%	$144.1M
PMPhilip Morris Intl Inc	5.5%	5.9%	613,326	-12.0%	$117.0M
MSFTMicrosoft Corp	5.5%	4.2%	227,036	-5.6%	$116.4M
GOOGLAlphabet Inc	4.2%	4.6%	262,289	-5.2%	$90.2M
TSMTaiwan Semiconductor Manufac	3.5%	2.2%	161,824	+63.6%	$73.8M
JNJJohnson & Johnson	3.4%	3.4%	270,748	-5.3%	$71.7M
MRSHMarsh & Mclennan Cos	3.2%	2.3%	401,969	+34.5%	$68.6M
BKNGBooking Holdings Inc	3.2%	3.7%	417,946	-6.2%	$68.1M
NTESNetease Inc Sp ADR	2.6%	2.9%	462,048	-4.9%	$56.0M
ADSKAutodesk Inc	2.5%	2.5%	255,494	-8.6%	$53.4M
EWEdwards Lifesciences Corp	2.4%	2.6%	582,170	-5.6%	$50.3M
MSIMotorola Solutions Inc	2.1%	2.1%	99,898	-6.2%	$44.6M
INTUIntuit	2.1%	2.1%	161,536	-6.2%	$44.5M
BAPCredicorp Ltd	2.1%	1.7%	116,216	+23.2%	$44.1M
VISTVista Energy S.a.b. de C.v.	2.0%	1.9%	661,195	+1.4%	$43.2M
VRSNVerisign Inc	2.0%	1.9%	148,455	-5.7%	$41.9M
GGBGerdau SA	1.8%	—	8,211,800	—	$38.8M
XPXp Inc	1.8%	1.4%	1,843,127	+1.2%	$38.7M
ADPAutomatic Data Processing in	1.7%	1.6%	143,966	-6.2%	$37.2M
LAURLaureate Ed Inc	1.7%	1.6%	964,909	+1.5%	$36.8M
MNSTMonster Beverage Corp New	1.7%	2.1%	855,485	+87.7%	$35.6M
MAMastercard Incorporated	1.7%	2.6%	64,070	-39.7%	$35.3M
INDAIshares Tr	1.6%	1.6%	715,963	+4.9%	$33.4M
LTMLatam Airlines G	1.5%	1.7%	629,861	+1.6%	$31.4M
NVDANvidia Corporation	1.5%	1.4%	137,511	-6.2%	$31.4M
IBNIcici Bk Ltd	1.5%	0.8%	1,137,487	+87.4%	$31.3M
SPGIS&p Global Inc	1.3%	1.3%	69,165	+1.8%	$27.3M
MCOMoodys Corp	1.3%	1.4%	60,000	-6.4%	$27.2M
FMXFomento Economico Mexicano S	1.3%	0.6%	226,502	+111.0%	$26.9M
CHKPCheck Point Software Tech Lt	1.1%	1.2%	187,664	-6.2%	$24.1M
ALGNAlign Technology Inc	1.1%	1.3%	155,719	-6.2%	$22.6M
ASXAse Technology Hldg Co Ltd	1.0%	1.0%	498,331	+9.7%	$22.2M
EDUNew Oriental Education & Technology Grou	1.0%	—	391,790	—	$21.7M
FDSFactset Resh Sys Inc	1.0%	0.9%	79,523	-6.2%	$21.5M
TBBBBbb Foods Inc	0.8%	—	334,172	—	$17.6M
AONAon PLC	0.8%	1.7%	61,934	-43.0%	$17.1M
ALCAlcon Inc	0.8%	1.5%	256,466	-44.5%	$16.6M
SKHYVSk Hynix Inc	0.7%	—	83,414	—	$15.4M
AMZNAmazon Com Inc	0.7%	0.7%	61,248	+0.0%	$15.3M
AAPLApple Inc	0.7%	0.6%	41,854	-6.2%	$13.9M
CPCanadian Pacific Kansas City	0.6%	0.8%	158,248	-22.9%	$13.5M
TELTe Connectivity PLC	0.6%	0.7%	59,169	-22.4%	$12.5M
TTEKTetra Tech Inc New	0.6%	0.7%	362,377	-25.4%	$11.9M
RACEFerrari N V	0.6%	—	29,821	—	$11.7M
RYAAYRyanair Holdings PLC Sponsored	0.5%	—	205,437	—	$11.3M
ALLEAllegion PLC	0.5%	0.9%	72,211	-44.5%	$11.1M
VMIValmont Inds Inc Com	0.5%	0.8%	23,289	-16.6%	$10.8M
AZNAstrazeneca PLC	0.5%	1.1%	64,169	-48.0%	$10.5M
AVGOBroadcom Inc	0.5%	0.7%	29,686	-20.9%	$10.4M
JPMJpmorgan Chase & Co	0.5%	—	31,011	—	$10.3M

What Ninety One North America, Inc. bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Added to

FMX Fomento Economico Mexicano S+111.0% shares
MNST Monster Beverage Corp New+87.7% shares
IBN Icici Bk Ltd+87.4% shares
TSM Taiwan Semiconductor Manufac+63.6% shares
MRSH Marsh & Mclennan Cos+34.5% shares
BAP Credicorp Ltd+23.2% shares
ASX Ase Technology Hldg Co Ltd+9.7% shares

Reduced

AZN Astrazeneca PLC-48.0% shares
ALC Alcon Inc-44.5% shares
ALLE Allegion PLC-44.5% shares
AON Aon PLC-43.0% shares
MA Mastercard Incorporated-39.7% shares
TTEK Tetra Tech Inc New-25.4% shares
CP Canadian Pacific Kansas City-22.9% shares
TEL Te Connectivity PLC-22.4% shares

Left the top 50

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: -1.4% /yr; S&P 500 +20.1%
3 years: +11.0% /yr; S&P 500 +20.4%
5 years: +5.2% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$2.1B	108
Q2 2026	$2.1B	106
Q1 2026	$2.2B	100
Q4 2025	$2.5B	102
Q3 2025	$2.1B	68
Q2 2025	$2.0B	65
Q1 2025	$1.5B	68
Q4 2024	$1.6B	71
Q3 2024	$1.5B	66
Q2 2024	$2.0B	62
Q1 2024	$2.1B	61
Q4 2023	$2.0B	68

Questions about Ninety One North America, Inc.'s portfolio

What stocks does Ninety One North America, Inc. own?

Ninety One North America, Inc.'s latest 13F, for Q3 2026 and filed Oct 15, 2026, lists 108 positions worth $2.1B. The largest are Visa Inc (V) at 6.8%, Philip Morris Intl Inc (PM) at 5.5%, Microsoft Corp (MSFT) at 5.5%, Alphabet Inc (GOOGL) at 4.2% and Taiwan Semiconductor Manufac (TSM) at 3.5%.

What did Ninety One North America, Inc. buy last quarter?

In Q3 2026, Ninety One North America, Inc. added Fomento Economico Mexicano S (FMX) (+111.0% shares), Monster Beverage Corp New (MNST) (+87.7% shares) and Icici Bk Ltd (IBN) (+87.4% shares), compared with its Q2 2026 filing.

What did Ninety One North America, Inc. sell last quarter?

In Q3 2026, Ninety One North America, Inc. cut from its top 50 Nu Hldgs Ltd (NU), cut from its top 50 Electronic Arts Inc (EA), cut from its top 50 Ternium SA (TX), cut from its top 50 Nextera Energy Inc (NEE), cut from its top 50 Trane Technologies PLC (TT), Astrazeneca PLC (AZN) (-48.0% shares), Alcon Inc (ALC) (-44.5% shares) and Allegion PLC (ALLE) (-44.5% shares), compared with its Q2 2026 filing.

How has Ninety One North America, Inc.'s portfolio performed?

A portfolio copying Ninety One North America, Inc.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +11.0% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: -1.4% against +20.1%. Over 5 years: +5.2% a year against +11.6%.

When is Ninety One North America, Inc.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. Ninety One North America, Inc.'s filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.

How much money does Ninety One North America, Inc. manage?

Ninety One North America, Inc. reported $41.5B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $2.1B.