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Ninety One North America, Inc.

CIK:0001633343
Asset Manager
$39B AUM
68 holdings
New York, NY, United States
Founded:1991
67 employees
Latest filing:Sep 30, 2025

Ninety One North America, Inc. is an SEC-registered investment adviser and wholly-owned subsidiary of Ninety One International Limited, itself part of the dual-listed Ninety One group (Ninety One Plc and Ninety One Ltd), with a principal office in New York, NY. Originally established in 1991 (as Investec Asset Management before rebranding), the firm has about 67 employees and provides asset management and sub-advisory services to institutional clients and investment funds, specializing in global equities and multi-asset strategies. The firm leverages its global affiliate platform and serves both North American and international investors.

Investment Strategy

Ninety One North America focuses on high-conviction, quality-driven active investment approaches across global equities and multi-asset strategies. Its philosophy emphasizes selecting securities of companies with strong global brands, sustainable business models, healthy balance sheets, and durable competitive advantages. The firm invests with a long-term growth perspective and seeks resilient capital appreciation for institutional and fund clients, using fundamental, bottom-up research and a disciplined risk management approach.

Latest 13F Filing Activity

Ninety One North America, Inc. filed their most recent 13F report on Sep 30, 2025 disclosing 68 equity positions with a total 13F market value of $2B. The fund increased holdings in Nu Holdings Ltd/cayman Islands, Alphabet Inc., XP Inc. among other positions. Ninety One North America, Inc. reduced exposure to Accenture PLC, Fomento Economico Mexicano Sab de CV, Makemytrip LTD among others.

Top Buys
N
NUNU Holdings Ltd/Cayman Islands
+$36.0M
G
GOOGLAlphabet Inc
+$25.0M
X
XPXP Inc
+$23.3M
S
STNEStoneCo Ltd
+$22.5M
I
ICLRICON PLC
+$15.1M
Top Sells
A
ACNAccenture PLC
-$32.4M
F
FMXFomento Economico Mexicano SAB de CV
-$22.9M
M
MMYTMakeMyTrip Ltd
-$19.9M
V
VRSNVeriSign Inc
-$17.4M
P
PMPhilip Morris International Inc
-$13.6M

Top Holdings

V
VVisa Inc
+6.9%$147.5M
M
MSFTMicrosoft Corp
+6.6%$141.8M
P
PMPhilip Morris International Inc
+5.3%$112.7M
A
ADSKAutodesk Inc
+4.4%$94.1M
G
GOOGLAlphabet Inc
+4.2%$90.9M

Equity Positions (68)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
V
V
Visa Inc6.88%$147.5M431,985$251.82$341.38-$6.5M
Microsoft Corp6.61%$141.8M273,804$309.11$517.95+$4.9M
Philip Morris International Inc5.25%$112.7M694,699$102.70$162.20-$13.6M
Autodesk Inc4.39%$94.1M296,108$263.98$317.67+$3.4M
Alphabet Inc4.24%$90.9M373,856$136.77$243.10+$25.0M

Industry Allocation

SERVICES-PREPACKAGED SOFTWARE
+22.8%
SERVICES-BUSINESS SERVICES, NEC
+11.3%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+5.4%
CIGARETTES
+5.3%
SEMICONDUCTORS & RELATED DEVICES
+4.2%