Ninety One S.A. (PTY) Ltd 13F annual report

Ninety One S.A. (PTY) Ltd is an investment fund managing more than $645 billion ran by Adam Fletcher. There are currently 71 companies in Mr. Fletcher’s portfolio. The largest investments include Microsoft and Berkshire Hathaway, together worth $121 billion.

Limited to 30 biggest holdings

$645 billion Assets Under Management (AUM)

As of 15th July 2024, Ninety One S.A. (PTY) Ltd’s top holding is 144,901 shares of Microsoft currently worth over $65.4 billion and making up 10.1% of the portfolio value. Relative to the number of outstanding shares of Microsoft, Ninety One S.A. (PTY) Ltd owns more than approximately 0.1% of the company. In addition, the fund holds 91 shares of Berkshire Hathaway worth $56 billion, whose value grew 14.7% in the past six months. The third-largest holding is Taiwan Semiconductor Manufactu worth $39.9 billion and the next is Apple Inc worth $36.8 billion, with 172,265 shares owned.

Currently, Ninety One S.A. (PTY) Ltd's portfolio is worth at least $645 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Ninety One S.A. (PTY) Ltd

The Ninety One S.A. (PTY) Ltd office and employees reside in Cape Town, South Africa. According to the last 13-F report filed with the SEC, Adam Fletcher serves as the General Counsel at Ninety One S.A. (PTY) Ltd.

Recent trades

In the most recent 13F filing, Ninety One S.A. (PTY) Ltd revealed that it had opened a new position in Morgan Stanley and bought 173,121 shares worth $16.8 billion. This means they effectively own approximately 0.1% of the company. Morgan Stanley makes up 100.0% of the fund's Miscellaneous sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in Taiwan Semiconductor Manufactu by buying 65,315 additional shares. This makes their stake in Taiwan Semiconductor Manufactu total 227,804 shares worth $39.9 billion.

On the other hand, there are companies that Ninety One S.A. (PTY) Ltd is getting rid of from its portfolio. Ninety One S.A. (PTY) Ltd closed its position in Citigroup Inc on 22nd July 2024. It sold the previously owned 281,872 shares for $17.8 billion. Adam Fletcher also disclosed a decreased stake in Microsoft by approximately 0.1%. This leaves the value of the investment at $65.4 billion and 144,901 shares.

One of the average hedge funds

The two most similar investment funds to Ninety One S.A. (PTY) Ltd are Cary Street Partners Asset Management and Index Venture Associates Vi Ltd. They manage $645 billion and $645 billion respectively.


Adam Fletcher investment strategy

Ninety One S.A. (PTY) Ltd’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Technology — making up 26.3% of the total portfolio value. The fund focuses on investments in the United States as 74.6% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 80% of the total holdings value. On the other hand, small-cap stocks make up only 4.2% of the portfolio. The average market cap of the portfolio companies is close to $185 billion.

The complete list of Ninety One S.A. (PTY) Ltd trades based on 13F SEC filings

These positions were updated on July 22nd based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Microsoft Corporation
4.62%
144,901
$65,391,026,000 10.14%
Berkshire Hathaway Inc.
No change
91
$56,021,421,000 8.68%
Taiwan Semiconductor Manufactu
40.20%
227,804
$39,881,436,000 6.18%
Apple Inc
164.00%
172,265
$36,756,399,000 5.70%
Alphabet Inc
45.27%
154,286
$28,223,052,000 4.38%
Amazon.com Inc.
43.36%
143,787
$27,981,313,000 4.34%
NVIDIA Corp
846.10%
173,864
$21,697,283,000 3.36%
Booking Holdings Inc
430.03%
5,242
$21,049,136,000 3.26%
Visa Inc
9.58%
71,875
$18,978,662,000 2.94%
Citigroup Inc
Closed
281,872
$17,805,855,000
Coca-cola Co/the
Closed
285,074
$17,440,828,000
Morgan Stanley
Opened
173,121
$16,775,425,000 2.60%
Elevance Health Inc
23.45%
31,017
$16,770,901,000 2.60%
Valero Energy Corp.
Opened
105,381
$16,347,755,000 2.53%
KLA Corp.
5.44%
17,163
$14,235,465,000 2.21%
Mastercard Incorporated
7.53%
29,626
$13,158,693,000 2.04%
Ryanair Holdings Plc
Closed
82,990
$12,147,247,000
Intercontinental Exchange Inc
6.77%
83,952
$11,519,052,000 1.79%
Constellation Brands, Inc.
60.35%
44,453
$11,429,140,000 1.77%
Thermo Fisher Scientific Inc.
10.16%
20,569
$11,392,650,000 1.77%
JPMorgan Chase & Co.
Closed
54,312
$10,854,853,000
Trane Technologies plc
8.35%
31,916
$10,575,371,000 1.64%
Unitedhealth Group Inc
11.65%
20,926
$10,558,013,000 1.64%
Barrick Gold Corp.
20.18%
625,942
$10,464,333,000 1.62%
Exxon Mobil Corp.
68.79%
89,751
$10,368,036,000 1.61%
Cleveland-Cliffs Inc
Closed
440,039
$9,944,882,000
Autodesk Inc.
184.06%
39,857
$9,862,918,000 1.53%
Synopsys, Inc.
8.87%
16,410
$9,851,089,000 1.53%
Tko Group Holdings Inc
12.02%
87,862
$9,484,077,000 1.47%
Johnson & Johnson
4.51%
59,589
$8,711,357,000 1.35%
NextEra Energy Inc
2.18%
117,066
$8,355,422,000 1.30%
HDFC Bank Ltd.
14.77%
128,734
$8,275,119,000 1.28%
Teck Resources Ltd
25.97%
167,585
$8,053,319,000 1.25%
Broadcom Inc.
Opened
4,358
$6,990,800,000 1.08%
Canadian National Railway Co.
307.88%
57,010
$6,747,174,000 1.05%
Edwards Lifesciences Corp
12.60%
71,823
$6,656,387,000 1.03%
TE Connectivity Ltd
Closed
44,428
$6,453,787,000
Philip Morris International In
5.37%
62,011
$6,287,618,000 0.97%
AECOM
Opened
67,597
$5,966,568,000 0.92%
General Motors Company
6.74%
128,273
$5,960,734,000 0.92%
Agnico Eagle Mines Ltd
0.40%
88,438
$5,796,033,000 0.90%
Pinterest Inc
34.27%
130,234
$5,749,055,000 0.89%
Take-Two Interactive Software, Inc.
2,431.31%
36,628
$5,723,821,000 0.89%
Dolby Laboratories Inc
9.05%
69,956
$5,570,833,000 0.86%
Becton Dickinson & Co.
33.88%
23,407
$5,477,525,000 0.85%
Jacobs Solutions Inc
6.99%
38,473
$5,394,682,000 0.84%
TD Synnex Corp
0.65%
38,193
$4,419,219,000 0.69%
American Tower Corp.
4.57%
21,766
$4,238,714,000 0.66%
Moody's Corp
No change
7,990
$3,363,231,000 0.52%
S&P Global Inc
No change
7,506
$3,345,613,000 0.52%
Intuit Inc
43.89%
4,538
$2,985,987,000 0.46%
Verisign Inc.
No change
15,414
$2,740,610,000 0.42%
Electronic Arts, Inc.
No change
15,465
$2,154,739,000 0.33%
Idexx Laboratories, Inc.
No change
4,116
$2,005,316,000 0.31%
Snowflake Inc.
Closed
11,876
$1,928,338,000
Estee Lauder Cos Inc/the
21.00%
15,490
$1,648,136,000 0.26%
Alcoa Corp
Opened
32,570
$1,276,419,000 0.20%
Verisk Analytics Inc
No change
4,596
$1,238,852,000 0.19%
Icon Plc
No change
3,352
$1,050,752,000 0.16%
Check Point Software Technolog
No change
4,490
$740,850,000 0.11%
NetEase Inc
71.24%
7,444
$711,498,000 0.11%
Danaher Corp.
No change
2,795
$705,067,000 0.11%
Meta Platforms Inc
92.80%
1,364
$704,561,000 0.11%
Rockwell Automation Inc
No change
2,546
$697,121,000 0.11%
Prologis Inc
10.33%
6,169
$684,821,000 0.11%
Factset Research Systems Inc.
No change
1,653
$674,871,000 0.10%
Zoetis Inc
Opened
3,655
$641,307,000 0.10%
Newmont Corp
83.81%
13,825
$578,577,000 0.09%
Automatic Data Processing Inc.
No change
2,379
$567,844,000 0.09%
Simon Property Group, Inc.
10.34%
3,720
$559,656,000 0.09%
JD.com Inc
Closed
20,002
$552,456,000
Monster Beverage Corp.
106.94%
8,615
$430,320,000 0.07%
Procter & Gamble Co/the
No change
2,540
$421,666,000 0.07%
Waste Management, Inc.
No change
1,965
$418,762,000 0.06%
Aon plc.
No change
1,409
$412,725,000 0.06%
Steel Dynamics Inc.
Opened
3,006
$390,720,000 0.06%
Align Technology, Inc.
No change
1,326
$320,137,000 0.05%
Crown Castle Inc
Closed
2,714
$287,956,000
Motorola Solutions Inc
No change
740
$285,677,000 0.04%
Digital Realty Trust, Inc.
10.36%
1,021
$155,621,000 0.02%
No transactions found
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