L1 Capital International Pty portfolio
Concentrated managerInvestment firmPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 13, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
L1 Capital International Pty reported a $1.7 bn portfolio of 20 companies (21 positions, counting each share class separately) to the SEC as of the end of Q2 2026. Its largest positions are AER, AMZN, NVDA. During the quarter it exited CDW and Salesforce.
Sections with a free account
What changed this quarter
23 positions with a change (9 added to, 12 trimmed, 2 sold). 9 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- CDW−2.9 ppof portfolioSold out3.0% → —
- Salesforce−2.8 ppof portfolioSold out2.9% → —
- NVIDIA+60%more sharesIncreased4.1% → 7.3%
- Microsoft−29%fewer sharesReduced7.5% → 5.2%
- HCA Healthcare+213%more sharesIncreased1.1% → 2.7%
- Alphabet+1.4 ppof portfolioIncreased3.3% → 5.4%
- Danaher+28%more sharesIncreased4.5% → 5.7%
- Intercontinental Exchange+15%more sharesIncreased5.8% → 5.1%
- Apollo Global Management+28%more sharesIncreased1.7% → 2.3%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- AerCap HoldingsAER11.1%
- Amazon.comAMZN10.0%
- NVIDIANVDA7.3%
- CRH publicCRH7.1%
- VisaV6.4%
- MastercardMA6.3%
- Booking HoldingsBKNG6.0%
- DanaherDHR5.7%
- AlphabetGOOGL · GOOG5.4%
- MicrosoftMSFT5.2%
- Jacobs SolutionsJ5.1%
- Intercontinental ExchangeICE5.1%
- Marsh & Mclennan CompaniesMRSH3.3%
- American ExpressAXP2.9%
- HCA HealthcareHCA2.7%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Financials 26%
- ● Industrials 20%
- ● Information Technology 16%
- ● Consumer Discretionary 16%
- ● Health Care 8%
- ● Materials 7%
- ● Communication Services 5%
How its portfolio changed (8 quarters)
Q2 2026: 21
Q2 2026: 70%
Q2 2026: 9.6%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Investment firm, per its Form ADV of Sep 29, 2026 (medium confidence).
The data, as reported: L1 CAPITAL INTERNATIONAL PTY LTD (CRD 340623): Exempt reporting adviser to private funds, based in Australia; 7.B private funds: 3 hedge (gross assets $111M)
The type comes from a rule applied to that data. If it looks wrong, tell us.
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