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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.

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
M
MSFT
Microsoft Corp6.61%$141.8M273,804$309.11$517.95+$4.9M
P
PM
Philip Morris International Inc5.25%$112.7M694,699$102.70$162.20-$13.6M
A
ADSK
Autodesk Inc4.39%$94.1M296,108$263.98$317.67+$3.4M
G
GOOGL
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%