Institutional
BLI - Banque de Luxembourg Investments
CIK 0002052594
$3.34B
Reported AUM
175
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · BLI - Banque de Luxembourg Investments · Q1 2026
AI · grounded in 13F
Banque de Luxembourg Investments established a new position in AZN valued at $68.99M. The fund closed four positions, led by the exit of ZTS for $41.56M. Other liquidated holdings included ZBRA at $15.76M and XYL at $12.39M. Total assets under management stood at $3.34B across 175 positions.
Portfolio · Q1 2026
Top holdings
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | MSFT | MICROSOFT CORP | $390.54 | -0.71% | -24.89% | 34.54% | $215.6M | 6.45% | — | HELD |
| 2 | GOOGL | ALPHABET INC | $336.71 | 0.90% | 76.51% | 132.04% | $180.2M | 5.40% | — | HELD |
| 3 | NVDA | NVIDIA CORPORATION | $190.01 | -3.55% | 13.56% | 782.99% | $107.7M | 3.22% | — | HELD |
| 4 | AMZN | AMAZON COM INC | $226.65 | -1.82% | 5.54% | 30.60% | $107.3M | 3.21% | — | HELD |
| 5 | AAPL | APPLE INC | $338.19 | -0.56% | 67.77% | 128.17% | $91.8M | 2.75% | — | HELD |
| 6 | UNP | UNION PAC CORP | $292.19 | -0.77% | 36.18% | 50.11% | $86.2M | 2.58% | — | HELD |
| 7 | CNI | CANADIAN NATL RY CO | $129.84 | 0.25% | 42.07% | 21.43% | $82.3M | 2.46% | — | HELD |
| 8 | V | VISA INC | $368.73 | 0.58% | 9.62% | 67.02% | $81.4M | 2.44% | — | HELD |
| 9 | MA | MASTERCARD INCORPORATED | $563.32 | 0.10% | 1.24% | 67.59% | $76.7M | 2.30% | — | HELD |
| 10 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | $374.67 | -4.50% | 61.05% | 241.53% | $74.3M | 2.22% | — | HELD |
| 11 | AZN | ASTRAZENECA PLC | $173.30 | 0.48% | 19.22% | 63.87% | $69.0M | 2.07% | — | HELD |
| 12 | ADBE | ADOBE INC | $263.43 | 5.72% | -24.43% | -60.40% | $61.4M | 1.84% | — | HELD |
| 13 | CL | COLGATE PALMOLIVE CO | $93.49 | 0.82% | 13.82% | 34.02% | $59.8M | 1.79% | — | HELD |
| 14 | META | META PLATFORMS INC | $585.61 | -1.31% | -20.62% | 57.79% | $56.3M | 1.68% | — | HELD |
| 15 | ACN | ACCENTURE PLC IRELAND | $173.17 | 5.17% | -31.00% | -44.27% | $54.7M | 1.64% | — | HELD |
| 16 | FNV | FRANCO NEV CORP | $214.37 | 1.79% | 30.75% | 51.01% | $52.6M | 1.57% | — | HELD |
| 17 | RMD | RESMED INC | $214.29 | 2.55% | -23.11% | -23.64% | $51.5M | 1.54% | — | HELD |
| 18 | AEM | AGNICO EAGLE MINES LTD | $144.43 | 0.50% | 16.42% | 181.07% | $50.6M | 1.51% | — | HELD |
| 19 | PEP | PEPSICO INC | $143.50 | 0.45% | 6.63% | 7.02% | $46.7M | 1.40% | — | HELD |
| 20 | VRSK | VERISK ANALYTICS INC | $213.15 | 0.42% | -21.22% | 8.83% | $46.2M | 1.38% | — | HELD |
| 21 | WPM | WHEATON PRECIOUS METALS CORP | $109.46 | -0.11% | 16.66% | 150.04% | $45.5M | 1.36% | — | HELD |
| 22 | TJX | TJX COS INC NEW | $161.63 | 0.52% | 29.50% | 137.54% | $38.9M | 1.16% | — | HELD |
| 23 | KMB | KIMBERLY-CLARK CORP | $113.21 | 0.11% | -9.20% | -0.63% | $38.9M | 1.16% | — | HELD |
| 24 | WAT | WATERS CORP | $379.48 | -1.15% | 32.24% | -7.28% | $38.1M | 1.14% | — | HELD |
| 25 | TMO | THERMO FISHER SCIENTIFIC INC | $576.46 | 0.01% | 24.94% | 5.33% | $37.7M | 1.13% | — | HELD |
| 26 | IDXX | IDEXX LABS INC | $569.77 | 0.04% | 6.35% | -15.47% | $37.4M | 1.12% | — | HELD |
| 27 | ROL | ROLLINS INC | $38.75 | -0.67% | -31.63% | 6.67% | $34.7M | 1.04% | — | HELD |
| 28 | IEX | IDEX CORP | $229.52 | 2.17% | 43.28% | 6.98% | $33.3M | 1.00% | — | HELD |
| 29 | MDLZ | MONDELEZ INTL INC | $64.99 | 4.02% | 6.14% | 20.63% | $30.8M | 0.92% | — | HELD |
| 30 | ENB | ENBRIDGE INC | $55.14 | -0.20% | 24.25% | 87.29% | $29.4M | 0.88% | — | HELD |
| 31 | CAT | CATERPILLAR INC | $782.71 | -6.91% | — | — | $28.9M | 0.87% | — | HELD |
| 32 | ORLA | ORLA MNG LTD NEW | $8.94 | -1.87% | — | — | $28.1M | 0.84% | — | HELD |
| 33 | SPGI | S&P GLOBAL INC | $419.64 | -1.11% | — | — | $27.8M | 0.83% | — | HELD |
| 34 | CHKP | CHECK POINT SOFTWARE TECH LTD | $139.67 | 1.47% | — | — | $27.6M | 0.83% | — | HELD |
| 35 | SITE | SITEONE LANDSCAPE SUPPLY INC | $93.79 | -9.36% | — | — | $27.0M | 0.81% | — | HELD |
| 36 | AGI | ALAMOS GOLD INC | $28.58 | -0.73% | — | — | $26.3M | 0.79% | — | HELD |
| 37 | ABT | ABBOTT LABORATORIES | $108.00 | 0.68% | — | — | $24.8M | 0.74% | — | HELD |
| 38 | AVGO | BROADCOM INC | $370.32 | -2.78% | — | — | $24.3M | 0.73% | — | HELD |
| 39 | NKE | NIKE INC | $43.22 | 0.39% | — | — | $23.6M | 0.71% | — | HELD |
| 40 | JNJ | JOHNSON & JOHNSON | $265.53 | -0.45% | — | — | $22.3M | 0.67% | — | HELD |
| 41 | RGLD | ROYAL GOLD INC | $195.48 | -0.35% | — | — | $22.1M | 0.66% | — | HELD |
| 42 | MCO | MOODYS CORP | $483.24 | -0.20% | — | — | $22.0M | 0.66% | — | HELD |
| 43 | SNPS | SYNOPSYS INC | $373.69 | -2.64% | — | — | $21.5M | 0.64% | — | HELD |
| 44 | ANET | ARISTA NETWORKS INC | $157.97 | -6.92% | — | — | $21.4M | 0.64% | — | HELD |
| 45 | ADSK | AUTODESK INC | $245.25 | 3.32% | — | — | $21.0M | 0.63% | — | HELD |
| 46 | DHR | DANAHER CORP DEL | $196.49 | -1.29% | — | — | $20.5M | 0.61% | — | HELD |
| 47 | KLAC | KLA CORP | $170.19 | -10.80% | — | — | $20.3M | 0.61% | — | HELD |
| 48 | AMAT | APPLIED MATLS INC | $436.45 | -8.40% | — | — | $19.2M | 0.57% | — | HELD |
| 49 | ROP | ROPER TECHNOLOGIES INC | $408.07 | 4.39% | — | — | $19.0M | 0.57% | — | HELD |
| 50 | LLY | ELI LILLY & CO | $1210.02 | -0.87% | — | — | $18.6M | 0.56% | — | HELD |
| 51 | PG | PROCTER & GAMBLE CO | $146.10 | -1.87% | — | — | $18.6M | 0.56% | — | HELD |
| 52 | JKHY | HENRY JACK & ASSOC INC | $161.15 | 2.36% | — | — | $18.0M | 0.54% | — | HELD |
| 53 | EFX | EQUIFAX INC | $187.05 | 0.02% | — | — | $17.9M | 0.54% | — | HELD |
| 54 | CLX | CLOROX CO DEL | $99.63 | -0.69% | — | — | $16.8M | 0.50% | — | HELD |
| 55 | TYL | TYLER TECHNOLOGIES INC | $333.50 | 0.04% | — | — | $15.7M | 0.47% | — | HELD |
| 56 | NDSN | NORDSON CORP | $294.98 | -2.53% | — | — | $15.5M | 0.46% | — | HELD |
| 57 | NEM | NEWMONT CORP | $91.34 | -0.20% | — | — | $15.5M | 0.46% | — | HELD |
| 58 | CHE | CHEMED CORP NEW | $539.36 | 4.20% | — | — | $15.0M | 0.45% | — | HELD |
| 59 | BRK/B | BERKSHIRE HATHAWAY INC DEL | — | — | — | — | $14.9M | 0.45% | — | HELD |
| 60 | NOW | SERVICENOW INC | $115.76 | 4.65% | — | — | $14.6M | 0.44% | — | HELD |
| 61 | MSCI | MSCI INC | $582.92 | 0.61% | — | — | $14.5M | 0.43% | — | HELD |
| 62 | EW | EDWARDS LIFESCIENCES CORP | $85.76 | 2.49% | — | — | $14.4M | 0.43% | — | HELD |
| 63 | UNH | UNITEDHEALTH GROUP INC | $420.57 | -1.92% | — | — | $13.9M | 0.42% | — | HELD |
| 64 | AME | AMETEK INC | $235.25 | -2.56% | — | — | $13.9M | 0.42% | — | HELD |
| 65 | WST | WEST PHARMACEUTICAL SVSC INC | $337.46 | 0.14% | — | — | $13.6M | 0.41% | — | HELD |
| 66 | VEEV | VEEVA SYS INC | $207.91 | 3.33% | — | — | $13.3M | 0.40% | — | HELD |
| 67 | TPL | TEXAS PACIFIC LAND CORPORATI | $389.41 | 0.00% | — | — | $13.2M | 0.40% | — | HELD |
| 68 | BMY | BRISTOL-MYERS SQUIBB CO | $63.10 | -0.79% | — | — | $13.2M | 0.39% | — | HELD |
| 69 | MANH | MANHATTAN ASSOCIATES INC | $204.02 | 21.32% | — | — | $12.7M | 0.38% | — | HELD |
| 70 | IQV | IQVIA HLDGS INC | $247.56 | 1.90% | — | — | $12.5M | 0.37% | — | HELD |
| 71 | PAYX | PAYCHEX INC | $122.13 | 2.74% | — | — | $12.3M | 0.37% | — | HELD |
| 72 | GMED | GLOBUS MED INC | $81.42 | 1.04% | — | — | $11.8M | 0.35% | — | HELD |
| 73 | BURL | BURLINGTON STORES INC | $371.13 | 0.30% | — | — | $11.8M | 0.35% | — | HELD |
| 74 | BKNG | BOOKING HOLDINGS INC | $201.30 | 1.00% | — | — | $11.7M | 0.35% | — | HELD |
| 75 | CNM | CORE & MAIN INC | $42.37 | -3.66% | — | — | $11.7M | 0.35% | — | HELD |
| 76 | TECH | BIO-TECHNE CORP | $72.03 | -0.06% | — | — | $11.5M | 0.34% | — | HELD |
| 77 | CMI | CUMMINS INC | $606.00 | -5.55% | — | — | $11.5M | 0.34% | — | HELD |
| 78 | AAON | AAON INC | $84.87 | -9.46% | — | — | $11.4M | 0.34% | — | HELD |
| 79 | EXPO | EXPONENT INC | $65.85 | 1.31% | — | — | $11.2M | 0.34% | — | HELD |
| 80 | LOW | LOWES COS INC | $215.68 | -1.17% | — | — | $11.2M | 0.34% | — | HELD |
| 81 | CHD | CHURCH & DWIGHT CO INC | $99.86 | -0.07% | — | — | $11.2M | 0.33% | — | HELD |
| 82 | LRCX | LAM RESEARCH CORP | $252.35 | -6.40% | — | — | $10.9M | 0.33% | — | HELD |
| 83 | BDX | BECTON DICKINSON & CO | $168.40 | 1.24% | — | — | $10.8M | 0.32% | — | HELD |
| 84 | HON | HONEYWELL INTL INC | $241.12 | -2.40% | — | — | $10.3M | 0.31% | — | HELD |
| 85 | NFLX | NETFLIX INC | $73.63 | 1.71% | — | — | $10.0M | 0.30% | — | HELD |
| 86 | LII | LENNOX INTL INC | $430.02 | -20.97% | — | — | $9.9M | 0.30% | — | HELD |
| 87 | GGG | GRACO INC | $81.21 | -1.28% | — | — | $9.9M | 0.30% | — | HELD |
| 88 | OTIS | OTIS WORLDWIDE CORP | $73.36 | -0.34% | — | — | $9.8M | 0.29% | — | HELD |
| 89 | CDW | CDW CORP | $147.92 | 2.70% | — | — | $9.7M | 0.29% | — | HELD |
| 90 | WSO | WATSCO INC | $320.02 | -12.92% | — | — | $9.6M | 0.29% | — | HELD |
| 91 | BSY | BENTLEY SYS INC | $36.96 | 3.12% | — | — | $9.6M | 0.29% | — | HELD |
| 92 | LIN | LINDE PLC | $511.17 | 0.00% | — | — | $9.6M | 0.29% | — | HELD |
| 93 | POOL | POOL CORP | $193.45 | 0.67% | — | — | $9.4M | 0.28% | — | HELD |
| 94 | HD | HOME DEPOT INC | $338.27 | -1.80% | — | — | $9.4M | 0.28% | — | HELD |
| 95 | COO | COOPER COS INC | $73.06 | 1.39% | — | — | $9.3M | 0.28% | — | HELD |
| 96 | ADP | AUTOMATIC DATA PROCESSING INC | $273.37 | 3.48% | — | — | $9.0M | 0.27% | — | HELD |
| 97 | GOOG | ALPHABET INC | $335.76 | 0.95% | — | — | $9.0M | 0.27% | — | HELD |
| 98 | PAYC | PAYCOM SOFTWARE INC | $168.92 | 4.45% | — | — | $8.9M | 0.27% | — | HELD |
| 99 | MTD | METTLER TOLEDO INTERNATIONAL | $1388.33 | 0.00% | — | — | $8.8M | 0.26% | — | HELD |
| 100 | LFUS | LITTELFUSE INC | $410.47 | 4.70% | — | — | $8.7M | 0.26% | — | HELD |
| 101 | ETN | EATON CORP PLC | — | — | — | — | $7.8M | 0.23% | — | HELD |
| 102 | VRSN | VERISIGN INC | — | — | — | — | $7.6M | 0.23% | — | HELD |
| 103 | ORCL | ORACLE CORP | — | — | — | — | $7.4M | 0.22% | — | HELD |
| 104 | DPZ | DOMINOS PIZZA INC | — | — | — | — | $7.2M | 0.22% | — | HELD |
| 105 | ULTA | ULTA BEAUTY INC | — | — | — | — | $7.2M | 0.21% | — | HELD |
| 106 | ALC | ALCON AG | — | — | — | — | $7.0M | 0.21% | — | HELD |
| 107 | TSCO | TRACTOR SUPPLY CO | — | — | — | — | $7.0M | 0.21% | — | HELD |
| 108 | AOS | SMITH A O CORP | — | — | — | — | $6.7M | 0.20% | — | HELD |
| 109 | QCOM | QUALCOMM INC | — | — | — | — | $6.7M | 0.20% | — | HELD |
| 110 | LOGI | LOGITECH INTL S A | — | — | — | — | $6.5M | 0.20% | — | HELD |
| 111 | MASI | MASIMO CORP | — | — | — | — | $6.3M | 0.19% | — | HELD |
| 112 | COST | COSTCO WHOLESALE CORPORATION | — | — | — | — | $6.0M | 0.18% | — | HELD |
| 113 | MRK | MERCK & CO INC | — | — | — | — | $5.8M | 0.17% | — | HELD |
| 114 | CMG | CHIPOTLE MEXICAN GRILL INC | — | — | — | — | $5.7M | 0.17% | — | HELD |
| 115 | WMT | WALMART INC | — | — | — | — | $5.6M | 0.17% | — | HELD |
| 116 | KOF | COCA-COLA FEMSA SAB DE CV | — | — | — | — | $5.6M | 0.17% | — | HELD |
| 117 | APP | APPLOVIN CORP | — | — | — | — | $5.5M | 0.16% | — | HELD |
| 118 | ITW | ILLINOIS TOOL WKS INC | — | — | — | — | $5.4M | 0.16% | — | HELD |
| 119 | ATO | ATMOS ENERGY CORP | — | — | — | — | $5.3M | 0.16% | — | HELD |
| 120 | YMM | FULL TRUCK ALLIANCE CO LTD | — | — | — | — | $5.2M | 0.16% | — | HELD |
| 121 | CCU | COMPANIA CERVECERIAS UNIDAS | — | — | — | — | $5.0M | 0.15% | — | HELD |
| 122 | MICC | MAGNUM ICE CREAM CO NV | — | — | — | — | $5.0M | 0.15% | — | HELD |
| 123 | TT | TRANE TECHNOLOGIES PLC | — | — | — | — | $4.8M | 0.14% | — | HELD |
| 124 | RACE | FERRARI NV | — | — | — | — | $4.7M | 0.14% | — | HELD |
| 125 | PLD | PROLOGIS INC | — | — | — | — | $4.7M | 0.14% | — | HELD |
| 126 | UBER | UBER TECHNOLOGIES INC | — | — | — | — | $4.3M | 0.13% | — | HELD |
| 127 | CTAS | CINTAS CORP | — | — | — | — | $4.2M | 0.13% | — | HELD |
| 128 | WMS | ADVANCED DRAIN SYS INC DEL | — | — | — | — | $4.1M | 0.12% | — | HELD |
| 129 | GRMN | GARMIN LTD | — | — | — | — | $3.8M | 0.11% | — | HELD |
| 130 | DHI | D R HORTON INC | — | — | — | — | $3.8M | 0.11% | — | HELD |
| 131 | FTNT | FORTINET INC | — | — | — | — | $3.8M | 0.11% | — | HELD |
| 132 | KO | COCA COLA CO | — | — | — | — | $3.8M | 0.11% | — | HELD |
| 133 | OKLO | OKLO INC | — | — | — | — | $3.7M | 0.11% | — | HELD |
| 134 | BLK | BLACKROCK INC | — | — | — | — | $3.5M | 0.11% | — | HELD |
| 135 | DXCM | DEXCOM INC | — | — | — | — | $3.3M | 0.10% | — | HELD |
| 136 | WCC | WESCO INTL INC | — | — | — | — | $3.2M | 0.10% | — | HELD |
| 137 | WSM | WILLIAMS SONOMA INC | — | — | — | — | $3.1M | 0.09% | — | HELD |
| 138 | LULU | LULULEMON ATHLETICA INC | — | — | — | — | $3.0M | 0.09% | — | HELD |
| 139 | GWW | WW GRAINGER INC | — | — | — | — | $3.0M | 0.09% | — | HELD |
| 140 | BMI | BADGER METER INC | — | — | — | — | $3.0M | 0.09% | — | HELD |
| 141 | CDNS | CADENCE DESIGN SYSTEM INC | — | — | — | — | $3.0M | 0.09% | — | HELD |
| 142 | PGR | PROGRESSIVE CORP | — | — | — | — | $2.9M | 0.09% | — | HELD |
| 143 | FAST | FASTENAL CO | — | — | — | — | $2.8M | 0.08% | — | HELD |
| 144 | NVR | NVR INC | — | — | — | — | $2.6M | 0.08% | — | HELD |
| 145 | PHM | PULTE GROUP INC | — | — | — | — | $2.6M | 0.08% | — | HELD |
| 146 | TW | TRADEWEB MKTS INC | — | — | — | — | $2.5M | 0.08% | — | HELD |
| 147 | LECO | LINCOLN ELEC HLDGS INC | — | — | — | — | $2.5M | 0.07% | — | HELD |
| 148 | VRTX | VERTEX PHARMACEUTICALS INC | — | — | — | — | $2.5M | 0.07% | — | HELD |
| 149 | SPG | SIMON PPTY GROUP INC NEW | — | — | — | — | $2.2M | 0.07% | — | HELD |
| 150 | CME | CME GROUP INC | — | — | — | — | $2.2M | 0.06% | — | HELD |
| 151 | QLYS | QUALYS INC | — | — | — | — | $2.1M | 0.06% | — | HELD |
| 152 | PSA | PUBLIC STORAGE OPER CO | — | — | — | — | $2.1M | 0.06% | — | HELD |
| 153 | MSI | MOTOROLA SOLUTIONS INC | — | — | — | — | $2.0M | 0.06% | — | HELD |
| 154 | MPWR | MONOLITHIC PWR SYS INC | — | — | — | — | $2.0M | 0.06% | — | HELD |
| 155 | PODD | INSULET CORP | — | — | — | — | $1.4M | 0.04% | — | HELD |
| 156 | XOM | EXXON MOBIL CORP | — | — | — | — | $1.2M | 0.04% | — | HELD |
| 157 | WMT2 | WELLS FARGO & CO | — | — | — | — | $1.0M | 0.03% | — | HELD |
| 158 | JPM | JPMORGAN CHASE & CO | — | — | — | — | $1.0M | 0.03% | — | HELD |
| 159 | CVX | CHEVRON CORPORATION | — | — | — | — | $989K | 0.03% | — | HELD |
| 160 | PBA | PEMBINA PIPELINE CORP | — | — | — | — | $781K | 0.02% | — | HELD |
| 161 | TER | TERADYNE INC | — | — | — | — | $619K | 0.02% | — | HELD |
| 162 | ADI | ANALOG DEVICES INC | — | — | — | — | $360K | 0.01% | — | HELD |
| 163 | AMGN | AMGEN INC | — | — | — | — | $324K | 0.01% | — | HELD |
| 164 | ABBV | ABBVIE INC | — | — | — | — | $316K | 0.01% | — | HELD |
| 165 | JCI | JOHNSON CONTROLS INTERNATION | — | — | — | — | $307K | 0.01% | — | HELD |
| 166 | GILD | GILEAD SCIENCES INC | — | — | — | — | $307K | 0.01% | — | HELD |
| 167 | SYK | STRYKER CORPORATION | — | — | — | — | $269K | 0.01% | — | HELD |
| 168 | TXN | TEXAS INSTRS INC | — | — | — | — | $245K | 0.01% | — | HELD |
| 169 | EBAY | EBAY INC | — | — | — | — | $240K | 0.01% | — | HELD |
| 170 | BABA | ALIBABA GROUP HLDG LTD | — | — | — | — | $203K | 0.01% | — | HELD |
| 171 | STZ | CONSTELLATION BRANDS INC | — | — | — | — | $194K | 0.01% | — | HELD |
| 172 | A | AGILENT TECHNOLOGIES INC | — | — | — | — | $189K | 0.01% | — | HELD |
| 173 | EMR | EMERSON ELEC CO | — | — | — | — | $186K | 0.01% | — | HELD |
| 174 | DECK | DECKERS OUTDOOR CORP | — | — | — | — | $186K | 0.01% | — | HELD |
| 175 | ECL | ECOLAB INC | — | — | — | — | $167K | 0.00% | — | HELD |
Source: SEC EDGAR · accession 0002052594-26-000003. 13F discloses long positions only — shorts, foreign equities, and options are excluded.