Firetrail Investments PTY
BRISBANE, QLD, C3files as FIRETRAIL INVESTMENTS PTY LTD
$355m in 32 US stocks at the end of 30 June 2026. The top 10 are 53.7% of the money. It changed about 15.8% of the portfolio this quarter.
Value
$355m
Stocks
32
Top 10 share
53.7%
Turnover
15.8%
What changed this quarter
New
Bought for the first time this quarter.
- Lithium Argentina AGLAR4.9% of the fund
- MicrosoftMSFT2.0% of the fund
- MongoDBMDB1.3% of the fund
- IsoEnergyISOU0.8% of the fund
- International Business MachinesIBM0.5% of the fund
Added
Bought more of a stock they already held.
- IconICLR3.4% of the fund+21%
- Cadence Design SystemsCDNS3.1% of the fund+56%
- AptivAPTV2.7% of the fund+15%
Cut
Sold some of their stake.
- AppleAAPL8.2% of the fund-2%
- Advanced Micro DevicesAMD7.7% of the fund-38%
- Taiwan Semiconductor ManufacturingTSM7.1% of the fund-29%
- Amazon.comAMZN6.7% of the fund-2%
- NvidiaNVDA4.6% of the fund-2%
- DeereDE4.1% of the fund-3%
- MastercardMA3.5% of the fund-2%
- Elevance HealthELV3.4% of the fund-2%
- MckessonMCK3.4% of the fund-2%
- EcolabECL3.0% of the fund-2%
- Trane TechnologiesTT2.8% of the fund-2%
- WeyerhaeuserWY2.7% of the fund-2%
- Keysight TechnologiesKEYS2.6% of the fund-31%
- Vail ResortsMTN2.5% of the fund-2%
- Darling IngredientsDAR2.5% of the fund-2%
- Interactive Brokers GroupIBKR2.5% of the fund-3%
- Tenable HoldingsTENB2.4% of the fund-2%
- GXO LogisticsGXO1.8% of the fund-28%
- JPMorgan ChaseJPM1.6% of the fund-3%
- ServiceNowNOW1.6% of the fund-2%
- AlconALC1.6% of the fund-2%
- Moody'sMCO1.5% of the fund-3%
- Wells Fargo & CompanyWFC1.0% of the fund-2%
Sold out
Sold their entire stake.
- Fair IsaacFICO-100%
Holdings
- IsoEnergyISOU
- Share
- 0.8%
- Value
- $3m
- Shares
- 293,110
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| AppleAAPL | 8.2% | $29m | 101,080 | -2% |
| Advanced Micro DevicesAMD | 7.7% | $27m | 47,326 | -38% |
| Taiwan Semiconductor ManufacturingTSM | 7.1% | $25m | 53,127 | -29% |
| Amazon.comAMZN | 6.7% | $24m | 99,939 | -2% |
| Lithium Argentina AGLAR | 4.9% | $18m | 2,134,056 | New |
| NvidiaNVDA | 4.6% | $16m | 82,366 | -2% |
| DeereDE | 4.1% | $15m | 23,102 | -3% |
| MastercardMA | 3.5% | $13m | 24,502 | -2% |
| Elevance HealthELV | 3.4% | $12m | 31,530 | -2% |
| IconICLR | 3.4% | $12m | 69,624 | +21% |
| MckessonMCK | 3.4% | $12m | 15,910 | -2% |
| Cadence Design SystemsCDNS | 3.1% | $11m | 29,116 | +56% |
| EcolabECL | 3.0% | $11m | 37,942 | -2% |
| Trane TechnologiesTT | 2.8% | $10m | 20,088 | -2% |
| AptivAPTV | 2.7% | $10m | 158,155 | +15% |
| WeyerhaeuserWY | 2.7% | $10m | 400,230 | -2% |
| Keysight TechnologiesKEYS | 2.6% | $9m | 26,873 | -31% |
| AutozoneAZO | 2.6% | $9m | 2,920 | Held |
| Vail ResortsMTN | 2.5% | $9m | 66,330 | -2% |
| Darling IngredientsDAR | 2.5% | $9m | 164,493 | -2% |
| Interactive Brokers GroupIBKR | 2.5% | $9m | 100,659 | -3% |
| Tenable HoldingsTENB | 2.4% | $8m | 228,861 | -2% |
| MicrosoftMSFT | 2.0% | $7m | 19,160 | New |
| GXO LogisticsGXO | 1.8% | $6m | 124,971 | -28% |
| JPMorgan ChaseJPM | 1.6% | $6m | 17,672 | -3% |
| ServiceNowNOW | 1.6% | $6m | 57,097 | -2% |
| AlconALC | 1.6% | $6m | 82,629 | -2% |
| Moody'sMCO | 1.5% | $5m | 11,464 | -3% |
| MongoDBMDB | 1.3% | $4m | 13,420 | New |
| Wells Fargo & CompanyWFC | 1.0% | $4m | 43,465 | -2% |
| IsoEnergyISOU | 0.8% | $3m | 293,110 | New |
| International Business MachinesIBM | 0.5% | $2m | 6,820 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 7.4% since 30 June 2025.
Where the money is
Technology41.1%
Retail & consumer14.5%
Health care11.7%
Financial services10.1%
Materials8.7%
Industrials8.6%
Real estate2.7%
Everyday goods2.5%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.