Q1 2025 · 13F-HR
BLI - Banque de Luxembourg Investmentsholdings as filed
Filed 2025-05-15 · accession 0002052594-25-000004
$3.30B
Reported value
138
Positions
2025-03-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 594918104 | MSFT | MICROSOFT CORP | $209.0M | 6.34% | 552,759 | Common | SOLE |
| 92826C839 | V | VISA INC | $117.6M | 3.57% | 343,610 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $103.8M | 3.15% | 192,450 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $103.1M | 3.13% | 669,280 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $91.8M | 2.78% | 477,080 | Common | SOLE |
| 907818108 | UNP | UNION PAC CORP | $88.7M | 2.69% | 382,910 | Common | SOLE |
| 136375102 | CNI | CANADIAN NATL RY CO | $87.7M | 2.66% | 896,295 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $85.8M | 2.60% | 394,412 | Common | SOLE |
| 761152107 | RMD | RESMED INC | $74.9M | 2.27% | 341,387 | Common | SOLE |
| 776696106 | ROP | ROPER TECHNOLOGIES INC | $65.3M | 1.98% | 112,208 | Common | SOLE |
| 92345Y106 | VRSK | VERISK ANALYTICS INC | $64.1M | 1.94% | 218,020 | Common | SOLE |
| 713448108 | PEP | PEPSICO INC | $64.0M | 1.94% | 429,573 | Common | SOLE |
| 002824100 | ABT | ABBOTT LABS | $61.3M | 1.86% | 469,221 | Common | SOLE |
| 872540109 | TJX | TJX COS INC NEW | $61.0M | 1.85% | 517,050 | Common | SOLE |
| 00724F101 | ADBE | ADOBE INC | $60.5M | 1.83% | 157,070 | Common | SOLE |
| 494368103 | KMB | KIMBERLY-CLARK CORP | $59.5M | 1.81% | 423,700 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $54.9M | 1.66% | 106,510 | Common | SOLE |
| 351858105 | FNV | FRANCO NEV CORP | $54.8M | 1.66% | 347,395 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $53.5M | 1.62% | 489,030 | Common | SOLE |
| 775711104 | ROL | ROLLINS INC | $51.4M | 1.56% | 971,250 | Common | SOLE |
| 194162103 | CL | COLGATE PALMOLIVE CO | $51.0M | 1.55% | 550,800 | Common | SOLE |
| 548661107 | LOW | LOWES COS INC | $50.1M | 1.52% | 219,610 | Common | SOLE |
| 45168D104 | IDXX | IDEXX LABS INC | $49.6M | 1.50% | 119,400 | Common | SOLE |
| 609207105 | MDLZ | MONDELEZ INTL INC | $47.2M | 1.43% | 697,900 | Common | SOLE |
| 98978V103 | ZTS | ZOETIS INC | $47.0M | 1.43% | 288,950 | Common | SOLE |
| 941848103 | WAT | WATERS CORP | $45.9M | 1.39% | 127,100 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $43.5M | 1.32% | 263,600 | Common | SOLE |
| 654106103 | NKE | NIKE INC | $39.2M | 1.19% | 620,430 | Common | SOLE |
| 883556102 | TMO | THERMO FISHER SCIENTIFIC INC | $38.4M | 1.17% | 76,960 | Common | SOLE |
| 21036P108 | STZ | CONSTELLATION BRANDS INC | $37.9M | 1.15% | 206,770 | Common | SOLE |
| 29250N105 | ENB | ENBRIDGE INC | $36.0M | 1.09% | 812,395 | Common | SOLE |
| H01301128 | ALC | ALCON AG | $35.6M | 1.08% | 376,639 | Common | SOLE |
| M22465104 | CHKP | CHECK POINT SOFTWARE TECH LT | $34.4M | 1.04% | 151,000 | Common | SOLE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $34.1M | 1.03% | 7,370 | Common | SOLE |
| 962879102 | WPM | WHEATON PRECIOUS METALS CORP | $33.7M | 1.02% | 435,000 | Common | SOLE |
| 149123101 | CAT | CATERPILLAR INC | $32.7M | 0.99% | 99,400 | Common | SOLE |
| 008474108 | AEM | AGNICO EAGLE MINES LTD | $32.6M | 0.99% | 300,000 | Common | SOLE |
| 780287108 | RGLD | ROYAL GOLD INC | $29.9M | 0.91% | 185,000 | Common | SOLE |
| 231021106 | CMI | CUMMINS INC | $29.0M | 0.88% | 92,470 | Common | SOLE |
| 235851102 | DHR | DANAHER CORPORATION | $28.8M | 0.87% | 140,040 | Common | SOLE |
| G1151C101 | ACN | ACCENTURE PLC IRELAND | $26.8M | 0.81% | 88,379 | Common | SOLE |
| 55354G100 | MSCI | MSCI INC | $24.6M | 0.75% | 44,200 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $24.0M | 0.73% | 142,320 | Common | SOLE |
| 615369105 | MCO | MOODYS CORP | $23.0M | 0.70% | 49,900 | Common | SOLE |
| 82982L103 | SITE | SITEONE LANDSCAPE SUPPLY INC | $21.1M | 0.64% | 173,500 | Common | SOLE |
| 704326107 | PAYX | PAYCHEX INC | $19.4M | 0.59% | 128,800 | Common | SOLE |
| 98850P109 | YUMC | YUM CHINA HLDGS INC | $19.3M | 0.59% | 376,000 | Common | SOLE |
| 655663102 | NDSN | NORDSON CORP | $19.2M | 0.58% | 95,800 | Common | SOLE |
| 426281101 | JKHY | HENRY JACK & ASSOC INC | $18.9M | 0.57% | 106,000 | Common | SOLE |
| 98419M100 | XYL | XYLEM INC | $18.5M | 0.56% | 155,050 | Common | SOLE |
| 438516106 | HON | HONEYWELL INTL INC | $17.8M | 0.54% | 84,940 | Common | SOLE |
| 45167R104 | IEX | IDEX CORP | $17.2M | 0.52% | 95,400 | Common | SOLE |
| 574795100 | MASI | MASIMO CORP | $16.5M | 0.50% | 101,200 | Common | SOLE |
| 70432V102 | PAYC | PAYCOM SOFTWARE INC | $16.5M | 0.50% | 75,500 | Common | SOLE |
| 21874C102 | CNM | CORE & MAIN INC | $16.4M | 0.50% | 339,700 | Common | SOLE |
| 501889208 | LKQ | LKQ CORP | $16.3M | 0.49% | 392,600 | Common | SOLE |
| 294429105 | EFX | EQUIFAX INC | $16.0M | 0.49% | 66,700 | Common | SOLE |
| 902252105 | TYL | TYLER TECHNOLOGIES INC | $15.2M | 0.46% | 26,200 | Common | SOLE |
| 46266C105 | IQV | IQVIA HLDGS INC | $15.1M | 0.46% | 85,270 | Common | SOLE |
| 942622200 | WSO | WATSCO INC | $15.0M | 0.46% | 30,000 | Common | SOLE |
| 110122108 | BMY | BRISTOL-MYERS SQUIBB CO | $14.8M | 0.45% | 247,000 | Common | SOLE |
| 73278L105 | POOL | POOL CORP | $14.8M | 0.45% | 47,000 | Common | SOLE |
| 08265T208 | BSY | BENTLEY SYS INC | $14.6M | 0.44% | 369,000 | Common | SOLE |
| 384109104 | GGG | GRACO INC | $14.2M | 0.43% | 171,000 | Common | SOLE |
| 16359R103 | CHE | CHEMED CORP NEW | $14.2M | 0.43% | 23,500 | Common | SOLE |
| 81762P102 | NOW | SERVICENOW INC | $14.0M | 0.43% | 17,610 | Common | SOLE |
| 526107107 | LII | LENNOX INTL INC | $13.5M | 0.41% | 24,500 | Common | SOLE |
| 011532108 | AGI | ALAMOS GOLD INC NEW | $13.3M | 0.40% | 500,000 | Common | SOLE |
| 171340102 | CHD | CHURCH & DWIGHT CO INC | $13.2M | 0.40% | 120,833 | Common | SOLE |
| 09073M104 | TECH | BIO-TECHNE CORP | $12.5M | 0.38% | 214,000 | Common | SOLE |
| 075887109 | BDX | BECTON DICKINSON & CO | $12.5M | 0.38% | 55,000 | Common | SOLE |
| 955306105 | WST | WEST PHARMACEUTICAL SVSC INC | $12.4M | 0.38% | 56,100 | Common | SOLE |
| 12514G108 | CDW | CDW CORP | $12.2M | 0.37% | 75,500 | Common | SOLE |
| 537008104 | LFUS | LITTELFUSE INC | $12.1M | 0.37% | 60,300 | Common | SOLE |
| 989207105 | ZBRA | ZEBRA TECHNOLOGIES CORPORATI | $11.6M | 0.35% | 41,500 | Common | SOLE |
| 30214U102 | EXPO | EXPONENT INC | $11.6M | 0.35% | 141,300 | Common | SOLE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $11.5M | 0.35% | 70,599 | Common | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC | $11.2M | 0.34% | 22,400 | Common | SOLE |
| 45784P101 | PODD | INSULET CORP | $11.0M | 0.33% | 42,700 | Common | SOLE |
| 189054109 | CLX | CLOROX CO DEL | $11.0M | 0.33% | 75,520 | Common | SOLE |
| 562750109 | MANH | MANHATTAN ASSOCIATES INC | $10.8M | 0.33% | 62,500 | Common | SOLE |
| 122017106 | BURL | BURLINGTON STORES INC | $10.8M | 0.33% | 45,500 | Common | SOLE |
| 592688105 | MTD | METTLER TOLEDO INTERNATIONAL | $10.5M | 0.32% | 8,900 | Common | SOLE |
| 216648501 | COO | COOPER COS INC | $10.4M | 0.32% | 124,400 | Common | SOLE |
| 68389X105 | ORCL | ORACLE CORP | $10.4M | 0.31% | 73,770 | Common | SOLE |
| 052769106 | ADSK | AUTODESK INC | $10.3M | 0.31% | 39,400 | Common | SOLE |
| 74758T303 | QLYS | QUALYS INC | $9.6M | 0.29% | 75,500 | Common | SOLE |
| 115637209 | BF/B | BROWN FORMAN CORP | $9.6M | 0.29% | 278,650 | Common | SOLE |
| 31428X106 | FDX | FEDEX CORP | $9.6M | 0.29% | 39,590 | Common | SOLE |
| 03662Q105 | AKX | ANSYS INC | $9.0M | 0.27% | 28,500 | Common | SOLE |
| 031100100 | AME | AMETEK INC | $9.0M | 0.27% | 52,940 | Common | SOLE |
| 90384S303 | ULTA | ULTA BEAUTY INC | $9.0M | 0.27% | 25,000 | Common | SOLE |
| 25754A201 | DPZ | DOMINOS PIZZA INC | $8.9M | 0.27% | 20,000 | Common | SOLE |
| 379577208 | GMED | GLOBUS MED INC | $8.9M | 0.27% | 123,000 | Common | SOLE |
| 831865209 | AOS | SMITH A O CORP | $8.0M | 0.24% | 122,600 | Common | SOLE |
| 892356106 | TSCO | TRACTOR SUPPLY CO | $7.8M | 0.24% | 147,000 | Common | SOLE |
| 204429104 | CCU | COMPANIA CERVECERIAS UNIDAS | $7.7M | 0.23% | 505,000 | Common | SOLE |
| 651639106 | NEM | NEWMONT CORP | $7.3M | 0.22% | 152,500 | Common | SOLE |
| 191241108 | KOF | COCA-COLA FEMSA SAB DE CV | $6.8M | 0.21% | 73,500 | Common | SOLE |
| 922475108 | VEEV | VEEVA SYS INC | $6.6M | 0.20% | 28,100 | Common | SOLE |
| 911312106 | UPS | UNITED PARCEL SERVICE INC | $5.9M | 0.18% | 54,280 | Common | SOLE |
| G29183103 | ETN | EATON CORP PLC | $5.9M | 0.18% | 21,540 | Common | SOLE |
| H50430232 | LOGI | LOGITECH INTL S A | $5.3M | 0.16% | 63,079 | Common | SOLE |
| 443510607 | HUBB | HUBBELL INC | $5.3M | 0.16% | 15,900 | Common | SOLE |
| 31488V107 | FERG | FERGUSON ENTERPRISES INC | $4.6M | 0.14% | 28,773 | Common | SOLE |
| 053015103 | ADP | AUTOMATIC DATA PROCESSING INC | $4.4M | 0.13% | 14,800 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $4.4M | 0.13% | 33,500 | Common | SOLE |
| 257651109 | DCI | DONALDSON INC | $4.0M | 0.12% | 59,300 | Common | SOLE |
| 032654105 | ADI | ANALOG DEVICES INC | $3.8M | 0.12% | 19,133 | Common | SOLE |
| 533900106 | LECO | LINCOLN ELEC HLDGS INC | $3.8M | 0.11% | 19,800 | Common | SOLE |
| 00790R104 | WMS | ADVANCED DRAIN SYS INC DEL | $3.5M | 0.10% | 32,000 | Common | SOLE |
| 49338L103 | KEYS | KEYSIGHT TECHNOLOGIES INC | $3.4M | 0.10% | 22,900 | Common | SOLE |
| 040413205 | ANET | ARISTA NETWORKS INC | $2.5M | 0.08% | 32,300 | Common | SOLE |
| 375558103 | GILD | GILEAD SCIENCES INC | $2.4M | 0.07% | 21,731 | Common | NONE |
| 00287Y109 | ABBV | ABBVIE INC | $2.4M | 0.07% | 11,799 | Common | NONE |
| 031162100 | AMGN | AMGEN INC | $2.4M | 0.07% | 7,783 | Common | NONE |
| G54950103 | LIN | LINDE PLC | $2.4M | 0.07% | 5,200 | Common | NONE |
| 278865100 | ECL | ECOLAB INC | $2.3M | 0.07% | 9,100 | Common | SOLE |
| 706327103 | PBA | PEMBINA PIPELINE CORP | $2.1M | 0.06% | 52,700 | Common | NONE |
| 863667101 | SYK | STRYKER CORPORATION | $2.0M | 0.06% | 5,433 | Common | NONE |
| 882508104 | TXN | TEXAS INSTRS INC | $1.8M | 0.05% | 10,121 | Common | NONE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $1.8M | 0.05% | 25,000 | Common | NONE |
| 742718109 | PG | PROCTER AND GAMBLE CO | $1.7M | 0.05% | 10,431 | Common | NONE |
| 278642103 | EBAY | EBAY INC. | $1.6M | 0.05% | 23,896 | Common | NONE |
| 191216100 | KO | COCA COLA CO | $1.5M | 0.04% | 20,831 | Common | NONE |
| 482480100 | KLAC | KLA CORP | $1.4M | 0.04% | 2,090 | Common | NONE |
| G51502105 | JCI | JOHNSON CTLS INTL PLC | $1.3M | 0.04% | 15,884 | Common | NONE |
| 30231G102 | XOM | EXXON MOBIL CORP | $1.2M | 0.04% | 9,900 | Common | NONE |
| 00846U101 | A | AGILENT TECHNOLOGIES INC | $1.1M | 0.03% | 9,599 | Common | NONE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $1.1M | 0.03% | 12,665 | Common | NONE |
| 166764100 | CVX | CHEVRON CORP NEW | $1.1M | 0.03% | 6,600 | Common | NONE |
| 291011104 | EMR | EMERSON ELEC CO | $1.0M | 0.03% | 9,599 | Common | NONE |
| 038222105 | AMAT | APPLIED MATLS INC | $991,075 | 0.03% | 6,845 | Common | NONE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $921,100 | 0.03% | 3,800 | Common | NONE |
| 89531P105 | TREX | TREX CO INC | $577,746 | 0.02% | 10,100 | Common | SOLE |
| 60770K107 | MRNA | MODERNA INC | $422,438 | 0.01% | 13,600 | Common | NONE |
| 127387108 | CDNS | CADENCE DESIGN SYSTEM INC | $384,313 | 0.01% | 1,500 | Common | NONE |
| 880770102 | TER | TERADYNE INC | $264,399 | 0.01% | 3,200 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.