SEC 13F Intelligence

Managers / Q4 2023 · view latest →

Te Ahumairangi Investment Management Ltd

CIK 0001832237 · LEVEL 10, 342 LAMBTON QUAY, WELLINGTON · 0064212778775

Reported Value
$527,966
Q4 2023
Positions
88
Filings on Record
23
2019–present window
Filed
Feb 13, 2024
original filing

Summary

Te Ahumairangi Investment Management Ltd reported $527,966 in U.S.-listed holdings across 88 positions for Q4 2023.

Its largest position, MSFT, represents 6.6% of the portfolio.

Compared with Q3 2023, the fund opened 5 new positions and exited 2.

Portfolio Metrics

Turnover
+5.4%
vs prior filed quarter
Top-10 Concentration
+34.3%
share of reported value
Largest Position
+6.6%
Microsoft
New / Exited
5 / 2
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
Q3 ’20: $587MQ3 ’20Q4 ’20: $719MQ1 ’21: $779MQ2 ’21: $765MQ2 ’21Q3 ’21: $726MQ4 ’21: $774MQ1 ’22: $736MQ1 ’22Q2 ’22: $663MQ3 ’22: $590MQ1 ’23: $697,742Q1 ’23Q2 ’23: $734,108Q3 ’23: $615,261Q4 ’23: $527,966Q4 ’23Q1 ’24: $575,549Q2 ’24: $520,458Q3 ’24: $564,126Q3 ’24Q4 ’24: $478,469Q1 ’25: $472,531Q2 ’25: $558,627Q2 ’25Q4 ’25: $558MQ1 ’26: $597Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 88.4%Other: 8.6%REIT: 2.2%ADR: 0.9%
  • Common Stock · 88.4% · $466,565
  • Other · 8.6% · $45,365
  • REIT · 2.2% · $11,426
  • ADR · 0.9% · $4,610

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GOOGLAlphabet IncNEW+147.0K147.0K+$20,532$20,532
ELVElevance Health IncNEW+5.2K5.2K+$2,465$2,465
Roivant Sciences LtdNEW+158.0K158.0K+$1,775$1,775
ABNBAirbnb IncNEW+6.0K6.0K+$819$819
NLOPNet Lease Office PropertiesNEW+6.8K6.8K+$127$127
VMWEURVMware IncSOLD OUT−22.3K0−$3,706$0
ATVIEURActivision Blizzard IncSOLD OUT−6.4K0−$600$0
OTXOpen Text CorpTRIMMED−103.5K3.3K−$3,627$137

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

Holdings — Q4 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMicrosoft Corphistory →COM6.63%$34,99493.1K
2BACVerizon Communications Inchistory →COM5.66%$29,863792.1K
3AAPLApple Inchistory →COM4.74%$25,043130.1K
4GOOGLAlphabet Inchistory →CL A3.89%$20,532147.0K
5MRKMerck & Co Inchistory →COM2.37%$12,511114.8K
6TRVCCitigroup Inchistory →COM2.35%$12,427241.6K
7Check Point Software Technologies LtdORD2.33%$12,30680.5K
8GWWWW Grainger Inchistory →COM2.24%$11,81314.3K
9VRSNVeriSign Inchistory →COM2.05%$10,81752.5K
10TAT&T Inchistory →COM2.03%$10,741640.1K
11Everest Group LtdCOM1.93%$10,20328.9K
12KRKroger Co/Thehistory →COM1.84%$9,713212.5K
13HCAHCA Healthcare Inchistory →COM1.79%$9,42534.8K
14VVisa Inchistory →CL A1.78%$9,41036.1K
15WMTWalmart Inchistory →COM1.77%$9,32659.2K
16Stellantis NVCOM1.75%$9,262396.4K
17CVSCVS Health Corphistory →COM1.72%$9,062114.8K
18CSCOCisco Systems Inchistory →COM1.63%$8,589170.0K
19PGProcter & Gamble Co/Thehistory →COM1.56%$8,21956.1K
20TRVTravelers Cos Inc/Thehistory →COM1.43%$7,55339.7K
21BMYBristol-Myers Squibb Cohistory →COM1.42%$7,476145.7K
22AVGOBroadcom Inchistory →COM1.40%$7,3686.6K
23ACIAlbertsons Cos Inchistory →COM1.37%$7,249315.2K
24GILDGilead Sciences Inchistory →COM1.36%$7,18388.7K
25JNJJohnson & Johnsonhistory →COM1.33%$7,02744.8K
26TRLDaVita Inchistory →COM1.30%$6,86565.5K
27NEMNewmont Corphistory →COM1.29%$6,837165.2K
28DGXQuest Diagnostics Inchistory →COM1.28%$6,75949.0K
29EDConsolidated Edison Inchistory →COM1.26%$6,63472.9K
30UNHUnitedHealth Group Inchistory →COM1.22%$6,45512.3K
31IBMInternational Business Machines Corporationhistory →COM1.21%$6,37139.0K
32CIThe Cigna Corphistory →COM1.21%$6,36221.2K
33MSIMotorola Solutions Inchistory →COM1.17%$6,20319.8K
34METAMeta Platforms Inchistory →CL A1.14%$6,00517.0K
35VRTXVertex Pharmaceuticals Inchistory →COM1.10%$5,80414.3K
36PFEPfizer Inchistory →COM1.09%$5,756199.9K
37KHCKraft Heinz Co/Thehistory →COM1.09%$5,744155.3K
38SJMJ M Smucker Co/Thehistory →COM1.06%$5,57544.1K
39MCKMcKesson Corphistory →COM1.03%$5,44611.8K
40CAHCardinal Health IncCOM1.00%$5,26052.2K
41QCOMQUALCOMM IncCOM0.98%$5,19635.9K
42Laboratory Corp of America HoldingsCOM0.95%$4,99122.0K
43PSAPublic StorageCOM0.94%$4,95516.2K
44ORCLOracle CorpCOM0.93%$4,93046.8K
45AEMAgnico Eagle Mines LtdCOM0.93%$4,90389.0K
467HPHP IncCOM0.92%$4,869161.8K
47SKAASkechers USA IncCL A0.84%$4,42971.1K
48GMGeneral Motors CoCL A0.81%$4,277119.1K
49ARWArrow Electronics IncCOM0.77%$4,05333.2K
50WPCWP Carey IncCOM0.76%$3,99861.7K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$597M86May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$558M84Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025Under review85Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$558,62787Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$472,53184May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$478,46981Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$564,12683Nov 21, 202413F-HRchanges · EDGAR ↗
Q2 2024$520,45886Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$575,54984May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$527,96688Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$615,26186Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$734,10889Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$697,74290May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review90Feb 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$590M93Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$663M99Aug 16, 202213F-HRchanges · EDGAR ↗
Q1 2022$736M96May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$774M103Feb 10, 202213F-HRchanges · EDGAR ↗
Q3 2021$726M106Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$765M110Aug 12, 202113F-HRchanges · EDGAR ↗
Q1 2021$779M112May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$719M117Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$587M117Nov 17, 202013F-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 ↗.