SEC 13F Intelligence

Managers / Q3 2025 · view latest →

Milestone Resources Group Ltd

CIK 0001708139 · LEVEL 1 PALM GROVE HOUSE, WICKHAM'S CAY 1, ROAD TOWN TORTOLA · 0097145174479

Reported Value
$2.0B
Q3 2025
Positions
10
Filings on Record
31
2019–present window
Filed
Nov 4, 2025
original filing

Summary

Milestone Resources Group Ltd reported $2.0B in U.S.-listed holdings across 10 positions for Q3 2025.

The portfolio is heavily concentrated: MSFT alone accounts for 21.8% of reported value.

Compared with Q2 2025, the fund opened 0 new positions and exited 3.

Portfolio Metrics

Turnover
+7.5%
vs prior filed quarter
Top-10 Concentration
+100.0%
share of reported value
Largest Position
+21.8%
Microsoft

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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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
Q1 ’19: $10MQ1 ’19Q2 ’19: $0Q3 ’19: $0Q4 ’19: $834MQ1 ’20: $751MQ1 ’20Q2 ’20: $73MQ3 ’20: $345MQ4 ’20: $1.1BQ1 ’21: $1.3BQ1 ’21Q2 ’21: $1.8BQ3 ’21: $2.2BQ4 ’21: $2.4BQ1 ’22: $2.1BQ1 ’22Q2 ’22: $1.7BQ3 ’22: $1.6BQ4 ’22: $1.6BQ1 ’23: $1.8BQ1 ’23Q2 ’23: $2.0BQ3 ’23: $2.0BQ4 ’23: $2.4BQ1 ’24: $2.8BQ1 ’24Q2 ’24: $2.9BQ3 ’24: $2.9BQ4 ’24: $3.0BQ1 ’25: $1.9BQ1 ’25Q2 ’25: $1.9BQ3 ’25: $2.0BQ4 ’25: $2.0BQ1 ’26: $1.6BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 85.7%ADR: 14.3%
  • Common Stock · 85.7% · $1.7B
  • ADR · 14.3% · $285M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SNSHARKNINJA INCADDED+223.9K415.2K+$24M$43M
ASMLASML HOLDING N VSOLD OUT14.1K0$11M$0
HDBHDFC BANK LTDADDED+684.6K1.37M$6M$47M
LRCXLAM RESEARCH CORPSOLD OUT2.9K0$281,000$0
AMATAPPLIED MATLS INCSOLD OUT1.3K0$244,000$0
INTUINTUITTRIMMED123.7K48.5K$102M$33M
AVGOBROADCOM INCADDED+352.3K1.09M+$156M$360M
SPGIS&P GLOBAL INCADDED+59.6K498.3K+$11M$243M

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

Holdings — Q3 2025

10 positions
#IssuerClass% PortfolioValueShares
1MSFTMICROSOFT CORPhistory →COM21.82%$434M838.9K
2AVGOBROADCOM INChistory →COM18.08%$360M1.09M
3AMZNAMAZON COM INChistory →COM16.79%$334M1.52M
4SPGIS&P GLOBAL INChistory →COM12.18%$243M498.3K
5IBNICICI BANK LIMITEDhistory →ADR11.98%$239M7.89M
6SHWSHERWIN WILLIAMS COhistory →COM6.88%$137M395.8K
7ABTABBOTT LABShistory →COM6.12%$122M909.3K
8HDBHDFC BANK LTDhistory →SPONSORED ADS2.35%$47M1.37M
9SNSHARKNINJA INChistory →COM SHS2.15%$43M415.2K
10INTUINTUIThistory →COM1.66%$33M48.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.6B9May 7, 202613F-HRchanges · EDGAR ↗
Q4 2025$2.0B10Feb 6, 202613F-HRchanges · EDGAR ↗
Q3 2025$2.0B10Nov 4, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.9B13Aug 8, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.9B21May 9, 202513F-HRchanges · EDGAR ↗
Q4 2024$3.0B26Feb 11, 202513F-HRchanges · EDGAR ↗
Q3 2024$2.9B28Dec 9, 2024RESTATEMENTchanges · EDGAR ↗
Q2 2024$2.9B26Aug 2, 202413F-HRchanges · EDGAR ↗
Q1 2024$2.8B27May 8, 202413F-HRchanges · EDGAR ↗
Q4 2023$2.4B23Feb 2, 202413F-HRchanges · EDGAR ↗
Q3 2023$2.0B23Nov 9, 202313F-HRchanges · EDGAR ↗
Q2 2023$2.0B22Aug 3, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.8B22Apr 14, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.6B25Feb 3, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.6B25Oct 21, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.7B25Aug 8, 202213F-HRchanges · EDGAR ↗
Q1 2022$2.1B25Apr 26, 202213F-HRchanges · EDGAR ↗
Q4 2021$2.4B26Jan 26, 202213F-HRchanges · EDGAR ↗
Q3 2021$2.2B26Oct 26, 2021RESTATEMENTchanges · EDGAR ↗
Q2 2021$1.8B28Aug 2, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.3B24Apr 30, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.1B23Feb 1, 202113F-HRchanges · EDGAR ↗
Q3 2020$345M19Oct 9, 202013F-HRchanges · EDGAR ↗
Q2 2020$73M12Aug 10, 202013F-HRchanges · EDGAR ↗
Q1 2020$751M12May 5, 202013F-HRchanges · EDGAR ↗
Q4 2019$834M10Jan 24, 202013F-HRchanges · EDGAR ↗
Q3 2019$01Oct 8, 201913F-HRchanges · EDGAR ↗
Q2 2019$01Aug 9, 201913F-HRchanges · EDGAR ↗
Q1 2019$10M1May 2, 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 ↗.