Mirabaud Asset Management
LONDON, X0files as Mirabaud Asset Management Ltd
$120m in 49 US stocks at the end of 30 June 2026. The top 10 are 43.1% of the money. It changed about 47.9% of the portfolio this quarter.
Value
$120m
Stocks
49
Top 10 share
43.1%
Turnover
47.9%
What changed this quarter
New
Bought for the first time this quarter.
- AppleAAPL5.5% of the fund
- Royal Bank of CanadaRY3.6% of the fund
- Johnson & JohnsonJNJ3.0% of the fund
- McDonald'sMCD2.8% of the fund
- Goldman Sachs GroupGS2.4% of the fund
- Bank of AmericaBAC2.3% of the fund
- Micron TechnologyMU2.3% of the fund
- Meta PlatformsMETA2.2% of the fund
- TeslaTSLA2.1% of the fund
- AstrazenecaAZN2.0% of the fund
- Texas InstrumentsTXN1.8% of the fund
- StarbucksSBUX1.8% of the fund
- Advanced Micro DevicesAMD1.6% of the fund
- CaterpillarCAT1.6% of the fund
- VisaV1.5% of the fund
- Cisco SystemsCSCO1.4% of the fund
- IntelINTC1.3% of the fund
- QualcommQCOM1.1% of the fund
- OracleORCL1.1% of the fund
- GE VernovaGEV1.0% of the fund
- NetflixNFLX0.8% of the fund
Added
Bought more of a stock they already held.
- Home DepotHD3.5% of the fund+101%
- Carlisle CompaniesCSL1.9% of the fund+21%
- International Business MachinesIBM1.9% of the fund+42%
- Freeport-McMoRanFCX1.4% of the fund+15%
- MedtronicMDT0.9% of the fund+97%
- Broadridge Financial SolutionsBR0.7% of the fund+76%
Cut
Sold some of their stake.
- NvidiaNVDA6.5% of the fund-37%
- AlphabetGOOGL5.7% of the fund-18%
- Taiwan Semiconductor ManufacturingTSM4.7% of the fund-65%
- MicrosoftMSFT4.6% of the fund-32%
- Amazon.comAMZN3.2% of the fund-50%
- BroadcomAVGO2.7% of the fund-63%
- NextEra EnergyNEE2.6% of the fund-33%
- AbbVieABBV2.5% of the fund-54%
- JPMorgan ChaseJPM2.1% of the fund-74%
- CME GroupCME1.7% of the fund-67%
- TJX CompaniesTJX1.6% of the fund-48%
- American ExpressAXP1.5% of the fund-57%
- Palo Alto NetworksPANW1.3% of the fund-81%
- Ferguson EnterprisesFERG1.3% of the fund-75%
- WatscoWSO0.9% of the fund-31%
- American TowerAMT0.8% of the fund-22%
- Digital Realty TrustDLR0.7% of the fund-36%
- Procter & GamblePG0.7% of the fund-19%
- CumminsCMI0.6% of the fund-62%
- MerckMRK0.5% of the fund-63%
- Analog DevicesADI0.3% of the fund-77%
- Union PacificUNP0.1% of the fund-97%
Sold out
Sold their entire stake.
- CRH PublicCRH-100%
- MastercardMA-100%
- Service Corp InternationalSCI-100%
- CloroxCLX-100%
Holdings
- Royal Bank of CanadaRY
- Share
- 3.6%
- Value
- $4m
- Shares
- 20,921
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| NvidiaNVDA | 6.5% | $8m | 40,341 | -37% |
| AlphabetGOOGL | 5.7% | $7m | 19,459 | -18% |
| AppleAAPL | 5.5% | $7m | 23,536 | New |
| Taiwan Semiconductor ManufacturingTSM | 4.7% | $6m | 12,291 | -65% |
| MicrosoftMSFT | 4.6% | $6m | 15,089 | -32% |
| Royal Bank of CanadaRY | 3.6% | $4m | 20,921 | New |
| Home DepotHD | 3.5% | $4m | 12,083 | +101% |
| Amazon.comAMZN | 3.2% | $4m | 15,899 | -50% |
| Johnson & JohnsonJNJ | 3.0% | $4m | 13,825 | New |
| McDonald'sMCD | 2.8% | $3m | 12,522 | New |
| BroadcomAVGO | 2.7% | $3m | 8,747 | -63% |
| NextEra EnergyNEE | 2.6% | $3m | 34,926 | -33% |
| AbbVieABBV | 2.5% | $3m | 11,588 | -54% |
| Goldman Sachs GroupGS | 2.4% | $3m | 2,819 | New |
| Bank of AmericaBAC | 2.3% | $3m | 48,571 | New |
| Micron TechnologyMU | 2.3% | $3m | 2,379 | New |
| Meta PlatformsMETA | 2.2% | $3m | 4,767 | New |
| TeslaTSLA | 2.1% | $3m | 6,232 | New |
| JPMorgan ChaseJPM | 2.1% | $3m | 7,738 | -74% |
| AstrazenecaAZN | 2.0% | $2m | 12,669 | New |
| Carlisle CompaniesCSL | 1.9% | $2m | 6,133 | +21% |
| International Business MachinesIBM | 1.9% | $2m | 8,298 | +42% |
| Texas InstrumentsTXN | 1.8% | $2m | 7,500 | New |
| StarbucksSBUX | 1.8% | $2m | 20,263 | New |
| CME GroupCME | 1.7% | $2m | 9,447 | -67% |
| Advanced Micro DevicesAMD | 1.6% | $2m | 3,668 | New |
| CaterpillarCAT | 1.6% | $2m | 1,897 | New |
| TJX CompaniesTJX | 1.6% | $2m | 12,834 | -48% |
| VisaV | 1.5% | $2m | 5,317 | New |
| American ExpressAXP | 1.5% | $2m | 5,317 | -57% |
| Cisco SystemsCSCO | 1.4% | $2m | 14,776 | New |
| Freeport-McMoRanFCX | 1.4% | $2m | 26,519 | +15% |
| IntelINTC | 1.3% | $2m | 11,997 | New |
| Palo Alto NetworksPANW | 1.3% | $2m | 4,547 | -81% |
| Ferguson EnterprisesFERG | 1.3% | $2m | 6,312 | -75% |
| QualcommQCOM | 1.1% | $1m | 7,306 | New |
| OracleORCL | 1.1% | $1m | 8,876 | New |
| GE VernovaGEV | 1.0% | $1m | 1,097 | New |
| WatscoWSO | 0.9% | $1m | 2,647 | -31% |
| MedtronicMDT | 0.9% | $1m | 12,932 | +97% |
| NetflixNFLX | 0.8% | $918,709 | 12,452 | New |
| American TowerAMT | 0.8% | $904,577 | 5,363 | -22% |
| Digital Realty TrustDLR | 0.7% | $843,317 | 4,425 | -36% |
| Broadridge Financial SolutionsBR | 0.7% | $794,897 | 5,869 | +76% |
| Procter & GamblePG | 0.7% | $791,387 | 5,331 | -19% |
| CumminsCMI | 0.6% | $722,189 | 1,045 | -62% |
| MerckMRK | 0.5% | $604,852 | 4,675 | -63% |
| Analog DevicesADI | 0.3% | $312,640 | 798 | -77% |
| Union PacificUNP | 0.1% | $170,983 | 627 | -97% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 44.0% since 30 June 2025.
Where the money is
Technology38.2%
Financial services15.1%
Retail & consumer15.0%
Health care8.8%
Media & telecom8.7%
Industrials8.1%
Utilities2.6%
Real estate1.5%
Materials1.4%
Everyday goods0.7%
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.