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Firetrail Investments PTY LTD

CIK:0001943822
Asset Manager
$189M AUM
26 holdings
Sydney, NSW, Australia
Founded:2018
15 employees
Latest filing:Jun 30, 2025

Firetrail Investments Pty Limited is a boutique investment management firm based in Sydney, Australia, specializing in high conviction investing. Founded in 2018, Firetrail focuses on actively managed equity funds across Australian and global markets with a strong alignment between its investment staff and clients. The firm is majority-owned by its investment staff and employs a team of approximately 10 to 19 professionals. Firetrail serves institutional and retail investors by building concentrated portfolios constructed from deep research and a proven investment methodology.

Investment Strategy

Firetrail Investments pursues a high-conviction, actively managed investment strategy, building concentrated portfolios of their best Australian and global equity ideas. Their process emphasizes deep fundamental research focused on assessing intrinsic value and identifying securities trading at discounts to their future cash flows. The firm employs flexible sector and style allocations across both large and small cap equities, unconstrained by benchmarks, aiming to outperform relevant indices over the medium to long term. Staff invest alongside clients, ensuring a strong alignment of interests.

Latest 13F Filing Activity

Firetrail Investments PTY LTD filed their most recent 13F report on Jun 30, 2025 disclosing 26 equity positions with a total 13F market value of $383M. The fund increased holdings in Mastercard Inc., Vail Resorts Inc., Nvidia Corp. among other positions. Firetrail Investments PTY LTD reduced exposure to Visa Inc., Rayonier Inc., Builders Firstsource Inc. among others.

Top Buys
M
MAMastercard Inc
+$18.9M
M
MTNVail Resorts Inc
+$13.9M
N
NVDANVIDIA Corp
+$9.2M
T
TSMTaiwan Semiconductor Manufactu
+$5.9M
F
FICOFair Isaac Corp
+$5.8M
Top Sells
V
VVisa Inc
-$22.1M
R
RYNRayonier Inc
-$6.5M
B
BLDRBuilders FirstSource Inc
-$5.5M
A
AAPLApple Inc
-$3.5M
E
ELVElevance Health Inc
-$1.7M

Top Holdings

N
NVDANVIDIA Corp
+8.0%$30.8M
A
AAPLApple Inc
+7.8%$29.9M
T
TSMTaiwan Semiconductor Manufactu
+6.4%$24.4M
I
IBKRInteractive Brokers Group Inc
+6.1%$23.3M
M
MAMastercard Inc
+4.9%$18.9M

Equity Positions (26)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
NVIDIA Corp8.04%$30.8M195,649$122.62$157.99+$9.2M
Apple Inc7.80%$29.9M146,200$233.38$205.17-$3.5M
Taiwan Semiconductor Manufactu6.38%$24.4M108,263$173.98$226.49+$5.9M
Interactive Brokers Group Inc6.07%$23.3M421,471$68.44$55.41+$5.3M
Mastercard Inc4.93%$18.9M33,759$561.94$561.94+$18.9M

Industry Allocation

SEMICONDUCTORS & RELATED DEVICES
+19.9%
ELECTRONIC COMPUTERS
+8.8%
SERVICES-BUSINESS SERVICES, NEC
+7.9%
TRANSPORTATION SERVICES
+7.0%
WHOLESALE-HARDWARE & PLUMBING & HEATING EQUIPMENT & SUPPLIES
+5.1%