SEC 13F Intelligence

Managers / Q2 2023 · view latest →

Ninety One SA (PTY) Ltd

CIK 0001491998 · 36 HANS STRIJDOM AVENUE, CAPE TOWN, 8001 · 27 (0) 21 416 2000

Reported Value
$404M
Q2 2023
Positions
65
Filings on Record
32
2019–present window
Filed
Jul 19, 2023
original filing

Summary

Ninety One SA (Pty) Ltd reported $404M in U.S.-listed holdings across 65 positions for Q2 2023.

Its largest position, BRK/A, represents 11.6% of the portfolio.

Compared with Q1 2023, the fund opened 1 new position and exited 9.

Portfolio Metrics

Turnover
+18.7%
vs prior filed quarter
Top-10 Concentration
+57.8%
share of reported value
Largest Position
+11.6%
Berkshire Hathaway
New / Exited
1 / 9
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $170MQ4 ’18Q1 ’19: $189MQ2 ’19: $179MQ3 ’19: $177MQ4 ’19: $177MQ4 ’19Q1 ’20: $204MQ2 ’20: $206MQ3 ’20: $198MQ4 ’20: $254MQ4 ’20Q1 ’21: $263MQ2 ’21: $273MQ3 ’21: $257MQ4 ’21: $342MQ4 ’21Q1 ’22: $358MQ2 ’22: $282MQ3 ’22: $252MQ4 ’22: $308MQ4 ’22Q1 ’23: $393MQ2 ’23: $404MQ3 ’23: $518MQ4 ’23: $657MQ4 ’23Q1 ’24: $694MQ2 ’24: $645MQ3 ’24: $458MQ4 ’24: $453MQ4 ’24Q1 ’25: $540MQ2 ’25: $609MQ3 ’25: $2.9BQ4 ’25: $2.3BQ4 ’25Q1 ’26: $2.3Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 91.5%Other: 4.1%ADR: 3.2%REIT: 1.2%
  • Common Stock · 91.5% · $370M
  • Other · 4.1% · $17M
  • ADR · 3.2% · $13M
  • REIT · 1.2% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AEMAGNICO EAGLE MINES LTDNEW+39.3K39.3K+$2M$2M
AMZNAMAZON.COM INCADDED+164.3K169.1K+$22M$22M
JPMJPMORGAN CHASE & COADDED+120.9K146.1K+$18M$21M
GISGENERAL MILLS INCSOLD OUT−208.5K0−$18M$0
CHVCHEVRON CORPSOLD OUT−102.4K0−$17M$0
AVGOBROADCOM INCSOLD OUT−3.5K0−$2M$0
TECK/BTECK RESOURCES LTDSOLD OUT−46.2K0−$2M$0
GMGENERAL MOTORS COSOLD OUT−36.7K0−$1M$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BRK/ABERKSHIRE HATHAWAY INChistory →Common Stock11.59%$47M91
2MSFTMICROSOFT CORPhistory →Common Stock10.22%$41M121.1K
3WWEUSDWORLD WRESTLING ENTERTAINMENThistory →Common Stock6.19%$25M232.3K
4PEPPEPSICO INChistory →Common Stock5.84%$24M127.9K
5AMZNAMAZON.COM INChistory →Common Stock5.46%$22M169.1K
6ABXBARRICK GOLD CORPhistory →Common Stock5.33%$22M1.29M
7JPMJPMORGAN CHASE & COhistory →Common Stock5.22%$21M146.1K
8MAMASTERCARD INChistory →Common Stock2.73%$11M28.2K
9GOOGLALPHABET INChistory →Common Stock2.63%$11M88.2K
10KOCOCA-COLA CO/THEhistory →Common Stock2.57%$10M173.1K
11AAPLAPPLE INChistory →Common Stock2.36%$10M49.5K
12VLOVALERO ENERGY CORPhistory →Common Stock2.31%$9M80.6K
13ELVELEVANCE HEALTH INChistory →Common Stock2.27%$9M20.8K
14UNHUNITEDHEALTH GROUP INChistory →Common Stock2.16%$9M18.2K
154I1PHILIP MORRIS INTERNATIONAL INhistory →Common Stock2.11%$9M87.1K
16JNJJOHNSON & JOHNSONhistory →Common Stock2.01%$8M49.1K
17VVISA INChistory →Common Stock1.70%$7M28.9K
18TMOTHERMO FISHER SCIENTIFIC INChistory →Common Stock1.64%$7M12.8K
19BDXBECTON DICKINSON & COhistory →Common Stock1.60%$6M24.5K
20HDBHDFC BANK LTDhistory →ADR1.37%$6M79.6K
21TRANE TECHNOLOGIES PLCCommon Stock1.28%$5M27.1K
22EXMOCEXXON MOBIL CORPhistory →Common Stock1.25%$5M46.8K
23NEENEXTERA ENERGY INChistory →Common Stock1.22%$5M67.1K
24AON PLCCommon Stock1.13%$5M13.2K
25ICEINTERCONTINENTAL EXCHANGE INChistory →Common Stock1.10%$4M39.3K
26BKNGBOOKING HOLDINGS INChistory →Common Stock1.06%$4M1.6K
27VRSNVERISIGN INChistory →Common Stock1.02%$4M18.3K
28WMWASTE MANAGEMENT INChistory →Common Stock1.02%$4M23.9K
29SPGIS&P GLOBAL INCCommon Stock0.95%$4M9.6K
30KLACKLA CORPCommon Stock0.89%$4M7.5K
31DUTMOODY'S CORPCommon Stock0.87%$4M10.1K
32ADSKAUTODESK INCCommon Stock0.83%$3M16.5K
33TSMTAIWAN SEMICONDUCTOR MANUFACTUADR0.83%$3M33.2K
34ELESTEE LAUDER COS INC/THECommon Stock0.81%$3M16.8K
35NEMNEWMONT CORPCommon Stock0.75%$3M71.6K
36NTESNETEASE INCADR0.70%$3M29.4K
37AMTAMERICAN TOWER CORPREIT0.68%$3M14.3K
38EAELECTRONIC ARTS INCCommon Stock0.66%$3M20.6K
39TE CONNECTIVITY LTDCommon Stock0.59%$2M17.0K
40IDXXIDEXX LABORATORIES INCCommon Stock0.51%$2M4.1K
41INTUINTUIT INCCommon Stock0.49%$2M4.4K
42AEMAGNICO EAGLE MINES LTDCommon Stock0.48%$2M39.3K
43GREENLIGHT CAPITAL RE LTDCommon Stock0.34%$1M130.0K
44ICON PLCCommon Stock0.31%$1M5.1K
45PLDPROLOGIS INCREIT0.28%$1M9.3K
46FDSFACTSET RESEARCH SYSTEMS INCCommon Stock0.25%$1M2.5K
47CHECK POINT SOFTWARE TECHNOLOGCommon Stock0.21%$851,7046.8K
48ADPAUTOMATIC DATA PROCESSING INCCommon Stock0.20%$789,7063.6K
49SYKSTRYKER CORPCommon Stock0.19%$750,6642.5K
50JDJD.COM INCADR0.17%$682,56920.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$2.3B97Apr 24, 202613F-HRchanges · EDGAR ↗
Q4 2025$2.3B96Jan 27, 202613F-HRchanges · EDGAR ↗
Q3 2025REVEALED$2.9B172Oct 21, 202513F-HRchanges · EDGAR ↗
Q2 2025$609M74Jul 18, 202513F-HRchanges · EDGAR ↗
Q1 2025$540M74Apr 30, 202513F-HRchanges · EDGAR ↗
Q4 2024$453M74Jan 27, 202513F-HRchanges · EDGAR ↗
Q3 2024$458M75Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$645M71Jul 22, 202413F-HRchanges · EDGAR ↗
Q1 2024$694M73Apr 25, 202413F-HRchanges · EDGAR ↗
Q4 2023$657M71Jan 31, 202413F-HRchanges · EDGAR ↗
Q3 2023$518M69Oct 10, 202313F-HRchanges · EDGAR ↗
Q2 2023$404M65Jul 19, 202313F-HRchanges · EDGAR ↗
Q1 2023$393M73Apr 28, 202313F-HRchanges · EDGAR ↗
Q4 2022$308M72Feb 7, 202313F-HRchanges · EDGAR ↗
Q3 2022$252M77Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$282M97Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$358M104Apr 27, 202213F-HRchanges · EDGAR ↗
Q4 2021$342M112Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$257M109Nov 2, 202113F-HRchanges · EDGAR ↗
Q2 2021$273M112Aug 12, 202113F-HRchanges · EDGAR ↗
Q1 2021$263M113May 7, 202113F-HRchanges · EDGAR ↗
Q4 2020$254M113Feb 5, 202113F-HRchanges · EDGAR ↗
Q3 2020$198M105Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$206M118Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$204M109May 13, 202013F-HRchanges · EDGAR ↗
Q4 2019$177M103Feb 7, 202013F-HRchanges · EDGAR ↗
Q3 2019$177M103Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$179M103Jul 30, 201913F-HRchanges · EDGAR ↗
Q1 2019$189M108Apr 24, 201913F-HRchanges · EDGAR ↗
Q4 2018$170M113Feb 8, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.