SEC 13F Intelligence

Managers / Q4 2024 · view latest →

FIRETRAIL INVESTMENTS PTY LTD

CIK 0001943822 · SUITE 1702, LEVEL 17, 1 MACQUARIE PLACE, SYDNEY, NSW, C3, 2000 · 1300360306

Reported Value
$334M
Q4 2024
Positions
23
Filings on Record
10
2019–present window
Filed
Feb 5, 2025
original filing

Summary

Firetrail Investments Pty Ltd reported $334M in U.S.-listed holdings across 23 positions for Q4 2024.

Its largest position, AAPL, represents 10.8% of the portfolio.

Compared with Q3 2024, the fund opened 0 new positions and exited 4.

Portfolio Metrics

Turnover
+11.9%
vs prior filed quarter
Top-10 Concentration
+60.2%
share of reported value
Largest Position
+10.8%
Apple

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 ’23: $136MQ4 ’23Q1 ’24: $122MQ2 ’24: $330MQ2 ’24Q3 ’24: $347MQ4 ’24: $334MQ4 ’24Q1 ’25: $343MQ2 ’25: $383MQ2 ’25Q3 ’25: $399MQ4 ’25: $305MQ4 ’25Q1 ’26: $293Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 80.9%REIT: 6.5%Other: 6.3%ADR: 6.3%
  • Common Stock · 80.9% · $270M
  • REIT · 6.5% · $22M
  • Other · 6.3% · $21M
  • ADR · 6.3% · $21M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
EFXEquifax IncSOLD OUT−39.4K0−$12M$0
Aptiv PLCSOLD OUT−148.8K0−$11M$0
HDBHDFC Bank LtdSOLD OUT−147.2K0−$9M$0
ULTAUlta Beauty IncSOLD OUT−19.1K0−$7M$0
RYNRayonier IncADDED+138.2K384.5K+$2M$10M
DEDeere & CoADDED+10.7K35.2K+$5M$15M
RYANRyan Specialty Holdings IncADDED+45.5K184.9K+$3M$12M
Trane Technologies PLCADDED+4.8K32.4K+$1M$12M

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

Holdings — Q4 2024

23 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLApple Inchistory →COM10.80%$36M143.4K
2NVDANVIDIA Corphistory →COM7.70%$26M190.7K
3IBKRInteractive Brokers Group Inchistory →COM7.02%$23M132.2K
4TSMTaiwan Semiconductor Manufactuhistory →ADR6.31%$21M106.4K
5VVisa Inchistory →COM5.72%$19M60.2K
6GOOGLAlphabet Inchistory →COM5.35%$18M93.9K
7BKNGBooking Holdings Inchistory →COM4.67%$16M3.1K
8DEDeere & Cohistory →COM4.49%$15M35.2K
9MCKMcKesson Corphistory →COM4.28%$14M25.0K
10AZOAutoZone Inchistory →COM3.83%$13M4.0K
11ECLEcolab Inchistory →COM3.79%$13M53.8K
12TENBTenable Holdings Inchistory →COM3.61%$12M304.6K
13Trane Technologies PLCCOM3.60%$12M32.4K
14RYANRyan Specialty Holdings Inchistory →COM3.57%$12M184.9K
15AMTAmerican Tower Corphistory →COM3.46%$12M62.7K
16DARDarling Ingredients Inchistory →COM3.38%$11M333.3K
17RYNRayonier Inchistory →COM3.02%$10M384.5K
18ELVElevance Health Inchistory →COM2.92%$10M26.4K
19GXOGXO Logistics Inchistory →COM2.87%$10M219.7K
20AMDAdvanced Micro Devices Inchistory →COM2.85%$10M78.5K
21Alcon AGCOM2.73%$9M107.1K
22URIUnited Rentals Inchistory →COM2.26%$8M10.7K
23BLDRBuilders FirstSource Inchistory →COM1.79%$6M41.7K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$293M28May 5, 202613F-HRchanges · EDGAR ↗
Q4 2025$305M29Feb 4, 202613F-HRchanges · EDGAR ↗
Q3 2025$399M28Nov 5, 202513F-HRchanges · EDGAR ↗
Q2 2025$383M26Aug 5, 202513F-HRchanges · EDGAR ↗
Q1 2025$343M25May 7, 202513F-HRchanges · EDGAR ↗
Q4 2024$334M23Feb 5, 202513F-HRchanges · EDGAR ↗
Q3 2024$347M27Nov 6, 202413F-HRchanges · EDGAR ↗
Q2 2024$330M27Aug 8, 202413F-HRchanges · EDGAR ↗
Q1 2024$122M19May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$136M22Feb 9, 202413F-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 ↗.