Q1 2026 · 13F-HR
BLI - Banque de Luxembourg Investmentsholdings as filed
Filed 2026-05-15 · accession 0002052594-26-000003
$3.34B
Reported value
175
Positions
2026-03-31
Period end
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.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 594918104 | MSFT | MICROSOFT CORP | $215.6M | 6.45% | 449,519 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $180.2M | 5.40% | 583,785 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $107.7M | 3.22% | 583,809 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $107.3M | 3.21% | 469,390 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $91.8M | 2.75% | 341,817 | Common | SOLE |
| 907818108 | UNP | UNION PAC CORP | $86.2M | 2.58% | 375,712 | Common | SOLE |
| 136375102 | CNI | CANADIAN NATL RY CO | $82.3M | 2.46% | 844,888 | Common | SOLE |
| 92826C839 | V | VISA INC | $81.4M | 2.44% | 233,941 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $76.7M | 2.30% | 135,087 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | $74.3M | 2.22% | 251,800 | Common | SOLE |
| G0593M107 | AZN | ASTRAZENECA PLC | $69.0M | 2.07% | 372,869 | Common | SOLE |
| 00724F101 | ADBE | ADOBE INC | $61.4M | 1.84% | 177,160 | Common | SOLE |
| 194162103 | CL | COLGATE PALMOLIVE CO | $59.8M | 1.79% | 764,344 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $56.3M | 1.68% | 85,864 | Common | SOLE |
| G1151C101 | ACN | ACCENTURE PLC IRELAND | $54.7M | 1.64% | 206,099 | Common | SOLE |
| 351858105 | FNV | FRANCO NEV CORP | $52.6M | 1.57% | 257,495 | Common | SOLE |
| 761152107 | RMD | RESMED INC | $51.5M | 1.54% | 215,489 | Common | SOLE |
| 008474108 | AEM | AGNICO EAGLE MINES LTD | $50.6M | 1.51% | 303,000 | Common | SOLE |
| 713448108 | PEP | PEPSICO INC | $46.7M | 1.40% | 329,172 | Common | SOLE |
| 92345Y106 | VRSK | VERISK ANALYTICS INC | $46.2M | 1.38% | 209,228 | Common | SOLE |
| 962879102 | WPM | WHEATON PRECIOUS METALS CORP | $45.5M | 1.36% | 393,500 | Common | SOLE |
| 872540109 | TJX | TJX COS INC NEW | $38.9M | 1.16% | 254,653 | Common | SOLE |
| 494368103 | KMB | KIMBERLY-CLARK CORP | $38.9M | 1.16% | 389,281 | Common | SOLE |
| 941848103 | WAT | WATERS CORP | $38.1M | 1.14% | 100,920 | Common | SOLE |
| 883556102 | TMO | THERMO FISHER SCIENTIFIC INC | $37.7M | 1.13% | 65,660 | Common | SOLE |
| 45168D104 | IDXX | IDEXX LABS INC | $37.4M | 1.12% | 55,771 | Common | SOLE |
| 775711104 | ROL | ROLLINS INC | $34.7M | 1.04% | 583,950 | Common | SOLE |
| 45167R104 | IEX | IDEX CORP | $33.3M | 1.00% | 188,900 | Common | SOLE |
| 609207105 | MDLZ | MONDELEZ INTL INC | $30.8M | 0.92% | 570,808 | Common | SOLE |
| 29250N105 | ENB | ENBRIDGE INC | $29.4M | 0.88% | 625,295 | Common | SOLE |
| 149123101 | CAT | CATERPILLAR INC | $28.9M | 0.87% | 50,895 | Common | SOLE |
| 68634K106 | ORLA | ORLA MNG LTD NEW | $28.1M | 0.84% | 2,130,000 | Common | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC | $27.8M | 0.83% | 53,461 | Common | SOLE |
| M22465104 | CHKP | CHECK POINT SOFTWARE TECH LTD | $27.6M | 0.83% | 149,700 | Common | SOLE |
| 82982L103 | SITE | SITEONE LANDSCAPE SUPPLY INC | $27.0M | 0.81% | 216,913 | Common | SOLE |
| 011532108 | AGI | ALAMOS GOLD INC | $26.3M | 0.79% | 690,000 | Common | SOLE |
| 002824100 | ABT | ABBOTT LABORATORIES | $24.8M | 0.74% | 200,725 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $24.3M | 0.73% | 70,632 | Common | SOLE |
| 654106103 | NKE | NIKE INC | $23.6M | 0.71% | 392,500 | Common | SOLE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $22.3M | 0.67% | 109,599 | Common | SOLE |
| 780287108 | RGLD | ROYAL GOLD INC | $22.1M | 0.66% | 100,000 | Common | SOLE |
| 615369105 | MCO | MOODYS CORP | $22.0M | 0.66% | 43,293 | Common | SOLE |
| 871607107 | SNPS | SYNOPSYS INC | $21.5M | 0.64% | 46,044 | Common | SOLE |
| 040413205 | ANET | ARISTA NETWORKS INC | $21.4M | 0.64% | 164,448 | Common | SOLE |
| 052769106 | ADSK | AUTODESK INC | $21.0M | 0.63% | 71,151 | Common | SOLE |
| 235851102 | DHR | DANAHER CORP DEL | $20.5M | 0.61% | 90,290 | Common | SOLE |
| 482480100 | KLAC | KLA CORP | $20.3M | 0.61% | 16,574 | Common | SOLE |
| 038222105 | AMAT | APPLIED MATLS INC | $19.2M | 0.57% | 86,742 | Common | SOLE |
| 776696106 | ROP | ROPER TECHNOLOGIES INC | $19.0M | 0.57% | 42,851 | Common | SOLE |
| 532457108 | LLY | ELI LILLY & CO | $18.6M | 0.56% | 17,500 | Common | SOLE |
| 742718109 | PG | PROCTER & GAMBLE CO | $18.6M | 0.56% | 130,981 | Common | SOLE |
| 426281101 | JKHY | HENRY JACK & ASSOC INC | $18.0M | 0.54% | 99,400 | Common | SOLE |
| 294429105 | EFX | EQUIFAX INC | $17.9M | 0.54% | 82,540 | Common | SOLE |
| 189054109 | CLX | CLOROX CO DEL | $16.8M | 0.50% | 169,720 | Common | SOLE |
| 902252105 | TYL | TYLER TECHNOLOGIES INC | $15.7M | 0.47% | 34,820 | Common | SOLE |
| 655663102 | NDSN | NORDSON CORP | $15.5M | 0.46% | 64,600 | Common | SOLE |
| 651639106 | NEM | NEWMONT CORP | $15.5M | 0.46% | 154,500 | Common | SOLE |
| 16359R103 | CHE | CHEMED CORP NEW | $15.0M | 0.45% | 35,500 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $14.9M | 0.45% | 30,000 | Common | SOLE |
| 81762P102 | NOW | SERVICENOW INC | $14.6M | 0.44% | 96,105 | Common | SOLE |
| 55354G100 | MSCI | MSCI INC | $14.5M | 0.43% | 25,240 | Common | SOLE |
| 28176E108 | EW | EDWARDS LIFESCIENCES CORP | $14.4M | 0.43% | 169,530 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $13.9M | 0.42% | 42,683 | Common | SOLE |
| 031100100 | AME | AMETEK INC | $13.9M | 0.42% | 68,430 | Common | SOLE |
| 955306105 | WST | WEST PHARMACEUTICAL SVSC INC | $13.6M | 0.41% | 49,900 | Common | SOLE |
| 922475108 | VEEV | VEEVA SYS INC | $13.3M | 0.40% | 60,265 | Common | SOLE |
| 88262P102 | TPL | TEXAS PACIFIC LAND CORPORATI | $13.2M | 0.40% | 45,900 | Common | SOLE |
| 110122108 | BMY | BRISTOL-MYERS SQUIBB CO | $13.2M | 0.39% | 247,000 | Common | SOLE |
| 562750109 | MANH | MANHATTAN ASSOCIATES INC | $12.7M | 0.38% | 74,100 | Common | SOLE |
| 46266C105 | IQV | IQVIA HLDGS INC | $12.5M | 0.37% | 55,825 | Common | SOLE |
| 704326107 | PAYX | PAYCHEX INC | $12.3M | 0.37% | 109,965 | Common | SOLE |
| 379577208 | GMED | GLOBUS MED INC | $11.8M | 0.35% | 136,500 | Common | SOLE |
| 122017106 | BURL | BURLINGTON STORES INC | $11.8M | 0.35% | 41,600 | Common | SOLE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $11.7M | 0.35% | 2,198 | Common | SOLE |
| 21874C102 | CNM | CORE & MAIN INC | $11.7M | 0.35% | 224,400 | Common | SOLE |
| 09073M104 | TECH | BIO-TECHNE CORP | $11.5M | 0.34% | 198,100 | Common | SOLE |
| 231021106 | CMI | CUMMINS INC | $11.5M | 0.34% | 22,749 | Common | SOLE |
| 000360206 | AAON | AAON INC | $11.4M | 0.34% | 147,200 | Common | SOLE |
| 30214U102 | EXPO | EXPONENT INC | $11.2M | 0.34% | 162,649 | Common | SOLE |
| 548661107 | LOW | LOWES COS INC | $11.2M | 0.34% | 46,911 | Common | SOLE |
| 171340102 | CHD | CHURCH & DWIGHT CO INC | $11.2M | 0.33% | 134,300 | Common | SOLE |
| 512807306 | LRCX | LAM RESEARCH CORP | $10.9M | 0.33% | 64,000 | Common | SOLE |
| 075887109 | BDX | BECTON DICKINSON & CO | $10.8M | 0.32% | 56,000 | Common | SOLE |
| 438516106 | HON | HONEYWELL INTL INC | $10.3M | 0.31% | 53,274 | Common | SOLE |
| 64110L106 | NFLX | NETFLIX INC | $10.0M | 0.30% | 108,000 | Common | SOLE |
| 526107107 | LII | LENNOX INTL INC | $9.9M | 0.30% | 20,300 | Common | SOLE |
| 384109104 | GGG | GRACO INC | $9.9M | 0.30% | 120,600 | Common | SOLE |
| 68902V107 | OTIS | OTIS WORLDWIDE CORP | $9.8M | 0.29% | 113,377 | Common | SOLE |
| 12514G108 | CDW | CDW CORP | $9.7M | 0.29% | 71,500 | Common | SOLE |
| 942622200 | WSO | WATSCO INC | $9.6M | 0.29% | 28,500 | Common | SOLE |
| 08265T208 | BSY | BENTLEY SYS INC | $9.6M | 0.29% | 252,000 | Common | SOLE |
| G54950103 | LIN | LINDE PLC | $9.6M | 0.29% | 22,700 | Common | SOLE |
| 73278L105 | POOL | POOL CORP | $9.4M | 0.28% | 41,300 | Common | SOLE |
| 437076102 | HD | HOME DEPOT INC | $9.4M | 0.28% | 27,516 | Common | SOLE |
| 216648501 | COO | COOPER COS INC | $9.3M | 0.28% | 114,200 | Common | SOLE |
| 053015103 | ADP | AUTOMATIC DATA PROCESSING INC | $9.0M | 0.27% | 35,400 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $9.0M | 0.27% | 29,000 | Common | SOLE |
| 70432V102 | PAYC | PAYCOM SOFTWARE INC | $8.9M | 0.27% | 56,300 | Common | SOLE |
| 592688105 | MTD | METTLER TOLEDO INTERNATIONAL | $8.8M | 0.26% | 6,300 | Common | SOLE |
| 537008104 | LFUS | LITTELFUSE INC | $8.7M | 0.26% | 34,500 | Common | SOLE |
| G29183103 | ETN | EATON CORP PLC | $7.8M | 0.23% | 24,715 | Common | SOLE |
| 92343E102 | VRSN | VERISIGN INC | $7.6M | 0.23% | 31,340 | Common | SOLE |
| 68389X105 | ORCL | ORACLE CORP | $7.4M | 0.22% | 38,136 | Common | SOLE |
| 25754A201 | DPZ | DOMINOS PIZZA INC | $7.2M | 0.22% | 17,400 | Common | SOLE |
| 90384S303 | ULTA | ULTA BEAUTY INC | $7.2M | 0.21% | 12,000 | Common | SOLE |
| H01301128 | ALC | ALCON AG | $7.0M | 0.21% | 88,661 | Common | SOLE |
| 892356106 | TSCO | TRACTOR SUPPLY CO | $7.0M | 0.21% | 140,600 | Common | SOLE |
| 831865209 | AOS | SMITH A O CORP | $6.7M | 0.20% | 100,300 | Common | SOLE |
| 747525103 | QCOM | QUALCOMM INC | $6.7M | 0.20% | 39,000 | Common | SOLE |
| H50430232 | LOGI | LOGITECH INTL S A | $6.5M | 0.20% | 64,582 | Common | SOLE |
| 574795100 | MASI | MASIMO CORP | $6.3M | 0.19% | 48,839 | Common | SOLE |
| 22160K105 | COST | COSTCO WHOLESALE CORPORATION | $6.0M | 0.18% | 7,100 | Common | SOLE |
| 58933Y105 | MRK | MERCK & CO INC | $5.8M | 0.17% | 55,500 | Common | SOLE |
| 169656105 | CMG | CHIPOTLE MEXICAN GRILL INC | $5.7M | 0.17% | 157,000 | Common | SOLE |
| 931142103 | WMT | WALMART INC | $5.6M | 0.17% | 51,000 | Common | SOLE |
| 191241108 | KOF | COCA-COLA FEMSA SAB DE CV | $5.6M | 0.17% | 60,000 | Common | SOLE |
| 03831W108 | APP | APPLOVIN CORP | $5.5M | 0.16% | 8,000 | Common | SOLE |
| 452308109 | ITW | ILLINOIS TOOL WKS INC | $5.4M | 0.16% | 21,900 | Common | SOLE |
| 049560105 | ATO | ATMOS ENERGY CORP | $5.3M | 0.16% | 32,000 | Common | SOLE |
| 35969L108 | YMM | FULL TRUCK ALLIANCE CO LTD | $5.2M | 0.16% | 482,000 | Common | SOLE |
| 204429104 | CCU | COMPANIA CERVECERIAS UNIDAS | $5.0M | 0.15% | 400,000 | Common | SOLE |
| N5505D105 | MICC | MAGNUM ICE CREAM CO NV | $5.0M | 0.15% | 317,598 | Common | SOLE |
| G8994E103 | TT | TRANE TECHNOLOGIES PLC | $4.8M | 0.14% | 12,400 | Common | SOLE |
| N3167Y103 | RACE | FERRARI NV | $4.7M | 0.14% | 12,800 | Common | SOLE |
| 74340W103 | PLD | PROLOGIS INC | $4.7M | 0.14% | 37,000 | Common | SOLE |
| 90353T100 | UBER | UBER TECHNOLOGIES INC | $4.3M | 0.13% | 53,000 | Common | SOLE |
| 172908105 | CTAS | CINTAS CORP | $4.2M | 0.13% | 22,500 | Common | SOLE |
| 00790R104 | WMS | ADVANCED DRAIN SYS INC DEL | $4.1M | 0.12% | 28,400 | Common | SOLE |
| H2906T109 | GRMN | GARMIN LTD | $3.8M | 0.11% | 19,000 | Common | SOLE |
| 23331A109 | DHI | D R HORTON INC | $3.8M | 0.11% | 26,700 | Common | SOLE |
| 34959E109 | FTNT | FORTINET INC | $3.8M | 0.11% | 48,000 | Common | SOLE |
| 191216100 | KO | COCA COLA CO | $3.8M | 0.11% | 54,631 | Common | SOLE |
| 02156V109 | OKLO | OKLO INC | $3.7M | 0.11% | 52,000 | Common | SOLE |
| 09290D101 | BLK | BLACKROCK INC | $3.5M | 0.11% | 3,300 | Common | SOLE |
| 252131107 | DXCM | DEXCOM INC | $3.3M | 0.10% | 50,000 | Common | SOLE |
| 95082P105 | WCC | WESCO INTL INC | $3.2M | 0.10% | 13,000 | Common | SOLE |
| 969904101 | WSM | WILLIAMS SONOMA INC | $3.1M | 0.09% | 17,100 | Common | SOLE |
| 550021109 | LULU | LULULEMON ATHLETICA INC | $3.0M | 0.09% | 14,700 | Common | SOLE |
| 384802104 | GWW | WW GRAINGER INC | $3.0M | 0.09% | 3,000 | Common | SOLE |
| 056525108 | BMI | BADGER METER INC | $3.0M | 0.09% | 17,000 | Common | SOLE |
| 127387108 | CDNS | CADENCE DESIGN SYSTEM INC | $3.0M | 0.09% | 9,560 | Common | SOLE |
| 743315103 | PGR | PROGRESSIVE CORP | $2.9M | 0.09% | 13,000 | Common | SOLE |
| 311900104 | FAST | FASTENAL CO | $2.8M | 0.08% | 70,000 | Common | SOLE |
| 62944T105 | NVR | NVR INC | $2.6M | 0.08% | 360 | Common | SOLE |
| 745867101 | PHM | PULTE GROUP INC | $2.6M | 0.08% | 22,000 | Common | SOLE |
| 892672106 | TW | TRADEWEB MKTS INC | $2.5M | 0.08% | 24,000 | Common | SOLE |
| 533900106 | LECO | LINCOLN ELEC HLDGS INC | $2.5M | 0.07% | 10,300 | Common | SOLE |
| 92532F100 | VRTX | VERTEX PHARMACEUTICALS INC | $2.5M | 0.07% | 5,500 | Common | SOLE |
| 828806109 | SPG | SIMON PPTY GROUP INC NEW | $2.2M | 0.07% | 12,100 | Common | SOLE |
| 12572Q105 | CME | CME GROUP INC | $2.2M | 0.06% | 8,000 | Common | SOLE |
| 74758T303 | QLYS | QUALYS INC | $2.1M | 0.06% | 16,000 | Common | SOLE |
| 74460D109 | PSA | PUBLIC STORAGE OPER CO | $2.1M | 0.06% | 8,200 | Common | SOLE |
| 620076307 | MSI | MOTOROLA SOLUTIONS INC | $2.0M | 0.06% | 5,400 | Common | SOLE |
| 609839105 | MPWR | MONOLITHIC PWR SYS INC | $2.0M | 0.06% | 2,200 | Common | SOLE |
| 45784P101 | PODD | INSULET CORP | $1.4M | 0.04% | 5,002 | Common | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP | $1.2M | 0.04% | 9,900 | Common | NONE |
| 949746101 | WMT2 | WELLS FARGO & CO | $1.0M | 0.03% | 11,300 | Common | NONE |
| 46625H100 | JPM | JPMORGAN CHASE & CO | $1.0M | 0.03% | 3,200 | Common | NONE |
| 166764100 | CVX | CHEVRON CORPORATION | $988,921 | 0.03% | 6,600 | Common | NONE |
| 706327103 | PBA | PEMBINA PIPELINE CORP | $780,836 | 0.02% | 20,800 | Common | SOLE |
| 880770102 | TER | TERADYNE INC | $619,256 | 0.02% | 3,200 | Common | SOLE |
| 032654105 | ADI | ANALOG DEVICES INC | $360,362 | 0.01% | 1,333 | Common | NONE |
| 031162100 | AMGN | AMGEN INC | $324,212 | 0.01% | 1,003 | Common | NONE |
| 00287Y109 | ABBV | ABBVIE INC | $316,186 | 0.01% | 1,399 | Common | NONE |
| G51502105 | JCI | JOHNSON CONTROLS INTERNATION | $307,439 | 0.01% | 2,584 | Common | NONE |
| 375558103 | GILD | GILEAD SCIENCES INC | $306,735 | 0.01% | 2,531 | Common | NONE |
| 863667101 | SYK | STRYKER CORPORATION | $269,306 | 0.01% | 773 | Common | NONE |
| 882508104 | TXN | TEXAS INSTRS INC | $245,173 | 0.01% | 1,421 | Common | NONE |
| 278642103 | EBAY | EBAY INC | $239,533 | 0.01% | 2,796 | Common | NONE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $202,982 | 0.01% | 1,400 | Common | SOLE |
| 21036P108 | STZ | CONSTELLATION BRANDS INC | $194,389 | 0.01% | 1,410 | Common | SOLE |
| 00846U101 | A | AGILENT TECHNOLOGIES INC | $189,357 | 0.01% | 1,399 | Common | NONE |
| 291011104 | EMR | EMERSON ELEC CO | $186,212 | 0.01% | 1,399 | Common | NONE |
| 243537107 | DECK | DECKERS OUTDOOR CORP | $186,007 | 0.01% | 1,800 | Common | NONE |
| 278865100 | ECL | ECOLAB INC | $166,514 | 0.00% | 640 | Common | NONE |
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.