L1 Capital International PTY LTD
L1 Capital International Pty Ltd is a division of L1 Capital, an independent, specialist global investment manager founded in 2007 and headquartered in Melbourne, Australia. The firm manages a range of investment products with a focus on high conviction international and Australian equity strategies. L1 Capital serves a range of institutional and high net worth investors, including superannuation funds, pension funds, private wealth firms, family offices, financial planners, and retail investors. The firm has offices in Melbourne, Sydney, Miami, and London, and employs approximately 34 staff.
Investment Strategy
L1 Capital International follows a high conviction, fundamental, bottom-up investment approach, investing in approximately 20-40 high quality companies globally. The strategy prioritizes strong, long-term risk-adjusted returns with a focus on capital preservation and downside protection. Investments center on companies with robust cashflow-based valuations, favorable industry structures, and management alignment, identified through high quality independent research. Risk is defined as a permanent loss of capital rather than just volatility, and the process emphasizes a value-oriented, disciplined investment philosophy.
Top Holdings
Equity Positions (19)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M MSFT | MICROSOFT CORP | 10.19% | $41.5M | 79,583 | $394.83 | $497.41 | +$11.9M |
A AER | AERCAP HOLDINGS NV | 9.13% | $37.2M | 337,375 | $93.91 | $117.00 | +$4.2M |
A AMZN | AMAZON COM INC | 8.83% | $36.0M | 161,538 | $175.48 | $219.39 | +$7.5M |
C CRH | CRH PLC | 7.08% | $28.9M | 264,048 | $74.78 | $91.80 | +$5.8M |
T TSM | TAIWAN SEMICONDUCTOR MFG LTD | 6.73% | $27.4M | 53,371 | $174.75 | $226.49 | +$19.8M |