AI Portfolio Summary
In 2025 Q4, Munro Partners maintained a portfolio of 82 distinct positions. The most significant new addition to the portfolio was NVIDIA CORPORATION, which now represents 8.44% of the total fund value.
Total Positions
82
Quarter
2025 Q4
Top Holding
NVDA (8.4%)
Top 10 Concentration
48.3%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 82
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
NVDA
NVIDIA CORPORAT...
|
Technology | 8.44% | — |
#1
Prev: #—
|
8.9 | 1,742,521 | no change |
NEW
|
1,742,521 | $324,980,167 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GEV
GE VERNOVA INC
|
Industrials | 5.61% | — |
#2
Prev: #—
|
7.2 | 330,338 | no change |
NEW
|
330,338 | $215,899,007 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AMZN
AMAZON COM INC
|
Consumer Cyclical | 5.55% | 9.19% |
#3
2
Prev: #1
|
6.2 | 896,875 | 3169.4% |
P
S
|
925,173 | $213,548,432 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MSFT
MICROSOFT CORP
|
Technology | 4.83% | 8.62% |
#4
2
Prev: #2
|
2.9 | 9,241 | 2.5% |
P
S
|
384,475 | $185,939,800 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GOOGL
ALPHABET INC
|
Communication Services | 4.67% | 8.24% |
#5
2
Prev: #3
|
5.4 | 529,518 | 1192.9% |
P
S
|
573,907 | $179,632,891 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CEG
CONSTELLATION E...
|
Utilities | 4.40% | — |
#6
Prev: #—
|
5.3 | 479,257 | no change |
NEW
|
479,257 | $169,307,120 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TKO
TKO GROUP HOLDI...
|
Communication Services | 3.87% | — |
#7
Prev: #—
|
5.0 | 712,256 | no change |
NEW
|
712,256 | $148,861,504 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NVDA
CALL
NVIDIA CORPORAT...
|
CALL Option | 3.71% | — |
#8
Prev: #—
|
5.0 | 765,000 | no change |
NEW
|
765,000 | $142,672,500 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FWONK
LIBERTY MEDIA C...
|
Communication Services | 3.63% | — |
#9
Prev: #—
|
5.0 | 1,418,568 | no change |
NEW
|
1,418,568 | $139,743,134 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MA
MASTERCARD INCO...
|
Financial Services | 3.58% | 2.50% |
#10
10
Prev: #20
|
4.4 | 186,302 | 337.7% |
P
S
|
241,474 | $137,852,677 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CRH
CRH PLC
|
Basic Materials | 3.57% | — |
#11
Prev: #—
|
4.9 | 1,102,400 | no change |
NEW
|
1,102,400 | $137,579,520 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
META
META PLATFORMS ...
|
Communication Services | 3.13% | 4.33% |
#12
4
Prev: #8
|
3.8 | 52,065 | 39.8% |
P
S
|
182,765 | $120,641,349 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BSX
BOSTON SCIENTIF...
|
Healthcare | 3.11% | — |
#13
Prev: #—
|
4.7 | 1,256,810 | no change |
NEW
|
1,256,810 | $119,836,834 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MIR
CALL
MIRION TECHNOLO...
|
CALL Option | 3.10% | — |
#14
Prev: #—
|
4.7 | 417,500 | no change |
NEW
|
417,500 | $119,158,675 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
JCI
JOHNSON CTLS IN...
|
Industrials | 2.78% | — |
#15
Prev: #—
|
4.6 | 893,257 | no change |
NEW
|
893,257 | $106,967,526 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GE
GE AEROSPACE
|
Industrials | 2.50% | — |
#16
Prev: #—
|
4.5 | 312,610 | no change |
NEW
|
312,610 | $96,293,258 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
V
VISA INC
|
Financial Services | 2.40% | 4.17% |
#17
7
Prev: #10
|
4.0 | 123,215 | 88.0% |
P
S
|
263,300 | $92,341,943 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
HEI
HEICO CORP NEW
|
Industrials | 2.39% | — |
#18
Prev: #—
|
4.5 | 284,898 | no change |
NEW
|
284,898 | $92,190,144 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ETN
EATON CORP PLC
|
Industrials | 2.29% | — |
#19
Prev: #—
|
4.4 | 276,542 | no change |
NEW
|
276,542 | $88,081,392 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SN
SHARKNINJA INC
|
Consumer Cyclical | 2.28% | — |
#20
Prev: #—
|
4.4 | 784,586 | no change |
NEW
|
784,586 | $87,795,173 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CIEN
CIENA CORP
|
Technology | 1.85% | — |
#21
Prev: #—
|
4.2 | 304,430 | no change |
NEW
|
304,430 | $71,197,044 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SHOP
SHOPIFY INC
|
Technology | 1.64% | — |
#22
Prev: #—
|
4.2 | 392,935 | no change |
NEW
|
392,935 | $63,250,747 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ISRG
INTUITIVE SURGI...
|
Healthcare | 1.61% | — |
#23
Prev: #—
|
4.1 | 109,390 | no change |
NEW
|
109,390 | $61,954,120 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
JEF
JEFFERIES FINL ...
|
Financial Services | 1.57% | — |
#24
Prev: #—
|
4.1 | 975,795 | no change |
NEW
|
975,795 | $60,470,016 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LGN
LEGENCE CORP
|
Industrials | 1.56% | — |
#25
Prev: #—
|
4.1 | 1,396,642 | no change |
NEW
|
1,396,642 | $60,111,472 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TRGP
TARGA RES CORP
|
Energy | 1.52% | — |
#26
Prev: #—
|
4.1 | 317,210 | no change |
NEW
|
317,210 | $58,525,245 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AXON
AXON ENTERPRISE...
|
Industrials | 1.44% | — |
#27
Prev: #—
|
4.1 | 97,662 | no change |
NEW
|
97,662 | $55,465,180 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CLS
CELESTICA INC
|
Technology | 1.31% | — |
#28
Prev: #—
|
4.0 | 170,980 | no change |
NEW
|
170,980 | $50,543,398 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AVGO
BROADCOM INC
|
Technology | 1.14% | — |
#29
Prev: #—
|
4.0 | 126,676 | no change |
NEW
|
126,676 | $43,842,564 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LLY
ELI LILLY & CO
|
Healthcare | 1.08% | — |
#30
Prev: #—
|
3.9 | 38,520 | no change |
NEW
|
38,520 | $41,396,674 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PWR
QUANTA SVCS INC
|
Industrials | 0.84% | — |
#31
Prev: #—
|
3.8 | 76,322 | no change |
NEW
|
76,322 | $32,212,463 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NEE
NEXTERA ENERGY ...
|
Utilities | 0.79% | — |
#32
Prev: #—
|
3.8 | 376,837 | no change |
NEW
|
376,837 | $30,252,474 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GFL
GFL ENVIRONMENT...
|
Industrials | 0.73% | — |
#33
Prev: #—
|
3.8 | 658,407 | no change |
NEW
|
658,407 | $28,278,581 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LIN
LINDE PLC
|
Basic Materials | 0.69% | — |
#34
Prev: #—
|
3.8 | 62,074 | no change |
NEW
|
62,074 | $26,467,733 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
VRT
VERTIV HOLDINGS...
|
Industrials | 0.57% | — |
#35
Prev: #—
|
3.7 | 135,090 | no change |
NEW
|
135,090 | $21,885,931 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FIX
COMFORT SYS USA...
|
Industrials | 0.57% | — |
#36
Prev: #—
|
3.7 | 23,434 | no change |
NEW
|
23,434 | $21,870,718 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CLH
CLEAN HARBORS I...
|
Industrials | 0.52% | — |
#37
Prev: #—
|
3.7 | 85,759 | no change |
NEW
|
85,759 | $20,108,770 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
HWM
HOWMET AEROSPAC...
|
Industrials | 0.35% | — |
#38
Prev: #—
|
3.6 | 65,283 | no change |
NEW
|
65,283 | $13,384,321 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BIP
BROOKFIELD INFR...
|
Bond/Debt | 0.32% | — |
#39
Prev: #—
|
3.6 | 356,240 | no change |
NEW
|
356,240 | $12,375,778 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NVMI
NOVA LTD
|
Technology | 0.31% | — |
#40
Prev: #—
|
3.6 | 36,480 | no change |
NEW
|
36,480 | $11,979,667 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DRS
LEONARDO DRS IN...
|
Industrials | 0.29% | — |
#41
Prev: #—
|
3.6 | 328,095 | no change |
NEW
|
328,095 | $11,184,759 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CW
CURTISS WRIGHT ...
|
Industrials | 0.27% | — |
#42
Prev: #—
|
3.6 | 18,820 | no change |
NEW
|
18,820 | $10,374,901 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RDDT
REDDIT INC
|
Communication Services | 0.25% | — |
#43
Prev: #—
|
3.6 | 41,550 | no change |
NEW
|
41,550 | $9,551,099 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AIR
AAR CORP
|
Industrials | 0.23% | — |
#44
Prev: #—
|
3.6 | 108,295 | no change |
NEW
|
108,295 | $8,965,743 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TLN
TALEN ENERGY CO...
|
Utilities | 0.23% | — |
#45
Prev: #—
|
3.6 | 23,125 | no change |
NEW
|
23,125 | $8,668,175 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ROAD
CONSTRUCTION PA...
|
Industrials | 0.22% | — |
#46
Prev: #—
|
3.6 | 78,815 | no change |
NEW
|
78,815 | $8,555,368 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CCJ
CAMECO CORP
|
Energy | 0.20% | — |
#47
Prev: #—
|
3.6 | 84,770 | no change |
NEW
|
84,770 | $7,755,607 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
IBKR
INTERACTIVE BRO...
|
Financial Services | 0.20% | — |
#48
Prev: #—
|
3.6 | 120,385 | no change |
NEW
|
120,385 | $7,741,959 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PODD
INSULET CORP
|
Healthcare | 0.20% | — |
#49
Prev: #—
|
3.6 | 26,470 | no change |
NEW
|
26,470 | $7,523,833 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
COHR
COHERENT CORP
|
Technology | 0.19% | — |
#50
Prev: #—
|
3.6 | 40,190 | no change |
NEW
|
40,190 | $7,417,868 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-50 of 82 holdings