L1 Capital International Pty
SYDNEY NSW 2000, C3files as L1 Capital International Pty Ltd
$1.7bn in 21 US stocks at the end of 30 June 2026. The top 10 are 70.1% of the money. It changed about 11.6% of the portfolio this quarter.
Value
$1.7bn
Stocks
21
Top 10 share
70.1%
Turnover
11.6%
What changed this quarter
New
Bought for the first time this quarter.
None this quarter.
Added
Bought more of a stock they already held.
- NvidiaNVDA7.3% of the fund+60%
- MastercardMA6.3% of the fund+3%
- DanaherDHR5.7% of the fund+28%
- Intercontinental ExchangeICE5.1% of the fund+15%
- American ExpressAXP2.9% of the fund+14%
- HCA HealthcareHCA2.7% of the fund+213%
- AlphabetGOOG2.6% of the fund+133%
- Apollo Global ManagementAPO2.3% of the fund+28%
- Taiwan Semiconductor ManufacturingTSM1.6% of the fund+24%
Cut
Sold some of their stake.
- AerCap HoldingsAER11.1% of the fund-3%
- Amazon.comAMZN10.0% of the fund-4%
- CRH PublicCRH7.1% of the fund-3%
- VisaV6.4% of the fund-3%
- Booking HoldingsBKNG6.0% of the fund-3%
- MicrosoftMSFT5.2% of the fund-29%
- Jacobs SolutionsJ5.1% of the fund-3%
- Marsh & McLennan CompaniesMRSH3.3% of the fund-3%
- AlphabetGOOGL2.9% of the fund-4%
- Uber TechnologiesUBER2.7% of the fund-3%
- IntuitINTU2.3% of the fund-3%
- Tetra TechTTEK1.6% of the fund-3%
Sold out
Sold their entire stake.
- CDWCDW-100%
- SalesforceCRM-100%
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| AerCap HoldingsAER | 11.1% | $190m | 1,301,426 | -3% |
| Amazon.comAMZN | 10.0% | $170m | 713,270 | -4% |
| NvidiaNVDA | 7.3% | $125m | 626,510 | +60% |
| CRH PublicCRH | 7.1% | $121m | 1,130,403 | -3% |
| VisaV | 6.4% | $110m | 319,699 | -3% |
| MastercardMA | 6.3% | $107m | 208,150 | +3% |
| Booking HoldingsBKNG | 6.0% | $102m | 571,760 | -3% |
| DanaherDHR | 5.7% | $97m | 507,252 | +28% |
| MicrosoftMSFT | 5.2% | $89m | 239,273 | -29% |
| Jacobs SolutionsJ | 5.1% | $87m | 692,407 | -3% |
| Intercontinental ExchangeICE | 5.1% | $87m | 707,925 | +15% |
| Marsh & McLennan CompaniesMRSH | 3.3% | $57m | 340,997 | -3% |
| AlphabetGOOGL | 2.9% | $49m | 137,169 | -4% |
| American ExpressAXP | 2.9% | $49m | 144,358 | +14% |
| HCA HealthcareHCA | 2.7% | $46m | 118,294 | +213% |
| Uber TechnologiesUBER | 2.7% | $46m | 634,053 | -3% |
| AlphabetGOOG | 2.6% | $44m | 123,601 | +133% |
| Apollo Global ManagementAPO | 2.3% | $40m | 336,203 | +28% |
| IntuitINTU | 2.3% | $39m | 149,397 | -3% |
| Taiwan Semiconductor ManufacturingTSM | 1.6% | $27m | 56,650 | +24% |
| Tetra TechTTEK | 1.6% | $27m | 925,433 | -3% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 319.0% since 30 June 2025.
Where the money is
Technology27.5%
Financial services26.3%
Retail & consumer15.9%
Industrials9.4%
Health care8.4%
Materials7.1%
Media & telecom5.4%
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.