BLI - Banque de Luxembourg Investments

13F filer, CIK 2052594, LUXEMBOURG CITY, Luxembourg

BLI - Banque de Luxembourg Investments reported $3,296,642,145 across 138 holdings for the quarter ended 2025-03-31, in a 13F-HR filed 2025-05-15. Its ten largest share positions make up 31.17% of the portfolio.

Filed 2025-05-15 (acceptance time not in the bulk data set), ingested 2026-10-07 18:25:06 UTC13F-HR 0002052594-25-000004

Period: 2025-03-31
Reported value: $3.3B
Holdings: 138
Top 10 weight: 31.17%
New: 9
Sold out: 5

Largest buys vs the previous quarter

Security	Shares change	Approx. value
CNIadded	+203,200	$19.9M
ORCLnew	+73,770	$10.4M
CHKPadded	+40,700	$9.28M
AMEnew	+52,940	$9M
NDSNadded	+34,300	$6.86M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
MAreduced	-58,300	-$31.5M
NOWreduced	-29,520	-$23.5M
NVDAreduced	-187,920	-$20.6M
Vreduced	-60,100	-$20.6M
AVGOreduced	-120,570	-$20.4M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q1 2025

Share positions as resolved from 13F-HR 0002052594-25-000004, largest first. % of portfolio is the value over $3,296,642,145, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
MSFTMICROSOFT CORP	552,759	$209M	6.34%	-48,500	Timeline
VVISA INC	343,610	$118M	3.57%	-60,100	Timeline
MAMASTERCARD INCORPORATED	192,450	$104M	3.15%	-58,300	Timeline
GOOGLALPHABET INC	669,280	$103M	3.13%	+12,500	Timeline
AMZNAMAZON COM INC	477,080	$91.8M	2.78%	-56,600	Timeline
UNPUNION PAC CORP	382,910	$88.7M	2.69%	-6,000	Timeline
CNICANADIAN NATL RY CO	896,295	$87.7M	2.66%	+203,200	Timeline
AAPLAPPLE INC	394,412	$85.8M	2.6%	-85,250	Timeline
RMDRESMED INC	341,387	$74.9M	2.27%	+15,400	Timeline
ROPROPER TECHNOLOGIES INC	112,208	$65.3M	1.98%	+3,600	Timeline
VRSKVERISK ANALYTICS INC	218,020	$64.1M	1.94%	-31,800	Timeline
PEPPEPSICO INC	429,573	$64M	1.94%	-57,400	Timeline
ABTABBOTT LABORATORIES	469,221	$61.3M	1.86%	-40,300	Timeline
TJXTJX COS INC NEW	517,050	$61M	1.85%	-33,200	Timeline
ADBEADOBE INC	157,070	$60.5M	1.83%	+7,900	Timeline
KMBKIMBERLY-CLARK CORP	423,700	$59.5M	1.81%	0	Timeline
UNHUNITEDHEALTH GROUP INC	106,510	$54.9M	1.66%	-700	Timeline
FNVFRANCO NEV CORP	347,395	$54.8M	1.66%	-102,400	Timeline
NVDANVIDIA CORPORATION	489,030	$53.5M	1.62%	-187,920	Timeline
ROLROLLINS INC	971,250	$51.4M	1.56%	-109,000	Timeline
CLCOLGATE PALMOLIVE CO	550,800	$51M	1.55%	+11,300	Timeline
LOWLOWES COS INC	219,610	$50.1M	1.52%	-77,500	Timeline
IDXXIDEXX LABS INC	119,400	$49.6M	1.5%	+1,000	Timeline
MDLZMONDELEZ INTL INC	697,900	$47.2M	1.43%	-31,900	Timeline
ZTSZOETIS INC	288,950	$47M	1.43%	+11,300	Timeline
WATWATERS CORP	127,100	$45.9M	1.39%	-9,500	Timeline
TSMTAIWAN SEMICONDUCTOR MANUFAC	263,600	$43.5M	1.32%	+7,500	Timeline
NKENIKE INC	620,430	$39.2M	1.19%	-11,100	Timeline
TMOTHERMO FISHER SCIENTIFIC INC	76,960	$38.4M	1.17%	0	Timeline
STZCONSTELLATION BRANDS INC	206,770	$37.9M	1.15%	-4,400	Timeline
ENBENBRIDGE INC	812,395	$36M	1.09%	-106,600	Timeline
ALCALCON AG	376,639	$35.6M	1.08%	-4,899	Timeline
CHKPCHECK POINT SOFTWARE TECH LT	151,000	$34.4M	1.04%	+40,700	Timeline
BKNGBOOKING HOLDINGS INC	7,370	$34.1M	1.03%	-100	Timeline
WPMWHEATON PRECIOUS METALS CORP	435,000	$33.7M	1.02%	-210,000	Timeline
CATCATERPILLAR INC	99,400	$32.7M	0.99%	-21,000	Timeline
AEMAGNICO EAGLE MINES LTD	300,000	$32.6M	0.99%	0	Timeline
RGLDROYAL GOLD INC	185,000	$29.9M	0.91%	-25,000	Timeline
CMICUMMINS INC	92,470	$29M	0.88%	-500	Timeline
DHRDANAHER CORP DEL	140,040	$28.8M	0.87%	-800	Timeline
ACNACCENTURE PLC IRELAND	88,379	$26.8M	0.81%	-28,800	Timeline
MSCIMSCI INC	44,200	$24.6M	0.75%	-7,300	Timeline
AVGOBROADCOM INC	142,320	$24M	0.73%	-120,570	Timeline
MCOMOODYS CORP	49,900	$23M	0.7%	-100	Timeline
SITESITEONE LANDSCAPE SUPPLY INC	173,500	$21.1M	0.64%	0	Timeline
PAYXPAYCHEX INC	128,800	$19.4M	0.59%	-54,100	Timeline
YUMCYUM CHINA HLDGS INC	376,000	$19.3M	0.59%	-11,000	Timeline
NDSNNORDSON CORP	95,800	$19.2M	0.58%	+34,300	Timeline
JKHYHENRY JACK & ASSOC INC	106,000	$18.9M	0.57%	+14,500	Timeline
XYLXYLEM INC	155,050	$18.5M	0.56%	-800	Timeline
HONHONEYWELL INTL INC	84,940	$17.8M	0.54%	+19,200	Timeline
IEXIDEX CORP	95,400	$17.2M	0.52%	+1,000	Timeline
MASIMASIMO CORP	101,200	$16.5M	0.5%	0	Timeline
PAYCPAYCOM SOFTWARE INC	75,500	$16.5M	0.5%	0	Timeline
CNMCORE & MAIN INC	339,700	$16.4M	0.5%	-17,300	Timeline
LKQLKQ CORP	392,600	$16.3M	0.49%	-47,400	Timeline
EFXEQUIFAX INC	66,700	$16M	0.49%	+2,500	Timeline
TYLTYLER TECHNOLOGIES INC	26,200	$15.2M	0.46%	-5,200	Timeline
IQVIQVIA HLDGS INC	85,270	$15.1M	0.46%	-500	Timeline
WSOWATSCO INC	30,000	$15M	0.46%	+1,500	Timeline
BMYBRISTOL-MYERS SQUIBB CO	247,000	$14.8M	0.45%	0	Timeline
POOLPOOL CORP	47,000	$14.8M	0.45%	0	Timeline
BSYBENTLEY SYS INC	369,000	$14.6M	0.44%	+55,000	Timeline
GGGGRACO INC	171,000	$14.2M	0.43%	0	Timeline
CHECHEMED CORP NEW	23,500	$14.2M	0.43%	-4,500	Timeline
NOWSERVICENOW INC	17,610	$14M	0.43%	-29,520	Timeline
LIILENNOX INTL INC	24,500	$13.5M	0.41%	-300	Timeline
AGIALAMOS GOLD INC	500,000	$13.3M	0.4%	0	Timeline
CHDCHURCH & DWIGHT CO INC	120,833	$13.2M	0.4%	-5,800	Timeline
TECHBIO-TECHNE CORP	214,000	$12.5M	0.38%	0	Timeline
BDXBECTON DICKINSON & CO	55,000	$12.5M	0.38%	0	Timeline
WSTWEST PHARMACEUTICAL SVSC INC	56,100	$12.4M	0.38%	+5,000	Timeline
CDWCDW CORP	75,500	$12.2M	0.37%	+2,000	Timeline
LFUSLITTELFUSE INC	60,300	$12.1M	0.37%	-9,000	Timeline
ZBRAZEBRA TECHNOLOGIES CORPORATI	41,500	$11.6M	0.35%	0	Timeline
EXPOEXPONENT INC	141,300	$11.6M	0.35%	0	Timeline
JNJJOHNSON & JOHNSON	70,599	$11.5M	0.35%	-1,500	Timeline
SPGIS&P GLOBAL INC	22,400	$11.2M	0.34%	-400	Timeline
PODDINSULET CORP	42,700	$11M	0.33%	-9,500	Timeline
CLXCLOROX CO DEL	75,520	$11M	0.33%	-8,000	Timeline
MANHMANHATTAN ASSOCIATES INC	62,500	$10.8M	0.33%	+28,000	Timeline
BURLBURLINGTON STORES INC	45,500	$10.8M	0.33%	-4,000	Timeline
MTDMETTLER TOLEDO INTERNATIONAL	8,900	$10.5M	0.32%	0	Timeline
COOCOOPER COS INC	124,400	$10.4M	0.32%	0	Timeline
ORCLORACLE CORP	73,770	$10.4M	0.31%	new	Timeline
ADSKAUTODESK INC	39,400	$10.3M	0.31%	0	Timeline
QLYSQUALYS INC	75,500	$9.58M	0.29%	0	Timeline
BF-BBROWN FORMAN CORP	278,650	$9.57M	0.29%	-27,700	Timeline
FDXFEDEX CORP	39,590	$9.55M	0.29%	-300	Timeline
ANSYS INCANSYS INC	28,500	$9.01M	0.27%	+700
AMEAMETEK INC	52,940	$9M	0.27%	new	Timeline
ULTAULTA BEAUTY INC	25,000	$8.97M	0.27%	-7,100	Timeline
DPZDOMINOS PIZZA INC	20,000	$8.93M	0.27%	0	Timeline
GMEDGLOBUS MED INC	123,000	$8.91M	0.27%	-32,000	Timeline
AOSSMITH A O CORP	122,600	$8.03M	0.24%	+25,000	Timeline
TSCOTRACTOR SUPPLY CO	147,000	$7.85M	0.24%	0	Timeline
CCUCOMPANIA CERVECERIAS UNIDAS	505,000	$7.72M	0.23%	-125,000	Timeline
NEMNEWMONT CORP	152,500	$7.32M	0.22%	0	Timeline
KOFCOCA-COLA FEMSA SAB DE CV	73,500	$6.77M	0.21%	-10,500	Timeline
VEEVVEEVA SYS INC	28,100	$6.57M	0.2%	+1,200	Timeline
UPSUNITED PARCEL SVCS INC	54,280	$5.94M	0.18%	-24,500	Timeline
ETNEATON CORP PLC	21,540	$5.89M	0.18%	-31,790	Timeline
LOGILOGITECH INTL S A	63,079	$5.29M	0.16%	0	Timeline
HUBBHUBBELL INC	15,900	$5.27M	0.16%	new	Timeline
FERGFERGUSON ENTERPRISES INC	28,773	$4.55M	0.14%	+10,368	Timeline
ADPAUTOMATIC DATA PROCESSING IN	14,800	$4.44M	0.13%	-1,500	Timeline
BABAALIBABA GROUP HLDG LTD	33,500	$4.43M	0.13%	new	Timeline
DCIDONALDSON INC	59,300	$3.97M	0.12%	+7,600	Timeline
ADIANALOG DEVICES INC	19,133	$3.85M	0.12%	-200	Timeline
LECOLINCOLN ELEC HLDGS INC	19,800	$3.76M	0.11%	+4,200	Timeline
WMSADVANCED DRAIN SYS INC DEL	32,000	$3.46M	0.1%	+1,300	Timeline
KEYSKEYSIGHT TECHNOLOGIES INC	22,900	$3.44M	0.1%	+900	Timeline
ANETARISTA NETWORKS INC	32,300	$2.51M	0.08%	-19,700	Timeline
GILDGILEAD SCIENCES INC	21,731	$2.42M	0.07%	-3,300	Timeline
ABBVABBVIE INC	11,799	$2.42M	0.07%	-1,200	Timeline
AMGNAMGEN INC	7,783	$2.38M	0.07%	-700	Timeline
LINLINDE PLC	5,200	$2.38M	0.07%	0	Timeline
ECLECOLAB INC	9,100	$2.27M	0.07%	-4,800	Timeline
PBAPEMBINA PIPELINE CORP	52,700	$2.11M	0.06%	-5,500	Timeline
SYKSTRYKER CORPORATION	5,433	$1.98M	0.06%	-500	Timeline
TXNTEXAS INSTRS INC	10,121	$1.78M	0.05%	-4,900	Timeline
WFCWELLS FARGO & CO	25,000	$1.76M	0.05%	new	Timeline
PGPROCTER & GAMBLE CO	10,431	$1.75M	0.05%	-1,600	Timeline
EBAYEBAY INC.	23,896	$1.6M	0.05%	-2,600	Timeline
KOCOCA COLA CO	20,831	$1.46M	0.04%	-3,200	Timeline
KLACKLA CORP	2,090	$1.41M	0.04%	-900	Timeline
JCIJOHNSON CONTROLS INTERNATION	15,884	$1.26M	0.04%	-1,600	Timeline
XOMEXXON MOBIL CORP	9,900	$1.16M	0.04%	new	Timeline
AAGILENT TECHNOLOGIES INC	9,599	$1.12M	0.03%	-900	Timeline
MUMICRON TECHNOLOGY INC	12,665	$1.12M	0.03%	-1,300	Timeline
CVXCHEVRON CORPORATION	6,600	$1.09M	0.03%	new	Timeline
EMREMERSON ELEC CO	9,599	$1.04M	0.03%	-900	Timeline
AMATAPPLIED MATLS INC	6,845	$991K	0.03%	-700	Timeline
JPMJPMORGAN CHASE & CO	3,800	$921K	0.03%	new	Timeline
TREXTREX INC	10,100	$578K	0.02%	0	Timeline
MRNAMODERNA INC	13,600	$422K	0.01%	-1,400	Timeline
CDNSCADENCE DESIGN SYSTEM INC	1,500	$384K	0.01%	new	Timeline
TERTERADYNE INC	3,200	$264K	0.01%	0	Timeline

Sold out in Q1 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
PMPHILIP MORRIS INTL INC	148,600	$17.8M	shares
ASPEN TECHNOLOGY INCASPEN TECHNOLOGY INC	59,544	$14.8M	shares
ELLAUDER ESTEE COS INC	185,240	$13.7M	shares
MKCMCCORMICK & CO INC	43,000	$3.25M	shares
QIAGEN NVQIAGEN NV	12,644	$564K	shares

How Q1 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0002052594-25-000004	base		2025-05-15	acceptance time not in the bulk data set	2026-10-07 18:25:06 UTC