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Disclosery

L1 Capital International Pty Ltd

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13F filer, CIK 2009023, SYDNEY NSW 2000, Australia

L1 Capital International Pty Ltd reported $363,420,331 across 19 holdings for the quarter ended 2025-03-31, in a 13F-HR filed 2025-05-15. Its ten largest share positions make up 71.1% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001085146-25-003342

Period
2025-03-31
Reported value
$363M
Holdings
19
Top 10 weight
71.1%
New
3
Sold out
2

Largest buys vs the previous quarter

SecurityShares changeApprox. value
EXPnew+84,271$18.7M
DHRnew+38,240$7.84M
TSMnew+45,652$7.58M
Jadded+36,882$4.46M
INTUadded+5,289$3.25M

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

SecurityShares changeApprox. value
CCEPexited-99,960-$7.68M
CMEexited-25,650-$5.96M
GOOGreduced-15,097-$2.36M
CRHreduced-19,599-$1.72M

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 0001085146-25-003342, largest first. % of portfolio is the value over $363,420,331, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
HCAHCA HEALTHCARE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 57,959 shares; 2024Q4: 88,347 shares; 2025Q1: 97,012 shares 97,012$33.5M9.22%+8,665Timeline
AERAERCAP HOLDINGS NVQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 249,615 shares; 2024Q4: 293,563 shares; 2025Q1: 322,882 shares 322,882$33M9.08%+29,319Timeline
MSFTMICROSOFT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 68,723 shares; 2024Q4: 76,796 shares; 2025Q1: 79,091 shares 79,091$29.7M8.17%+2,295Timeline
AMZNAMAZON COM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 137,353 shares; 2024Q4: 145,471 shares; 2025Q1: 149,816 shares 149,816$28.5M7.84%+4,345Timeline
VVISA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 62,371 shares; 2024Q4: 66,056 shares; 2025Q1: 68,029 shares 68,029$23.8M6.56%+1,973Timeline
CRHCRH PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 266,279 shares; 2024Q4: 282,016 shares; 2025Q1: 262,417 shares 262,417$23.1M6.35%-19,599Timeline
BKNGBOOKING HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,539 shares; 2024Q4: 4,389 shares; 2025Q1: 4,942 shares 4,942$22.8M6.26%+553Timeline
ICEINTERCONTINENTAL EXCHANGE INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 120,463 shares; 2024Q4: 127,581 shares; 2025Q1: 131,510 shares 131,510$22.7M6.24%+3,929Timeline
MAMASTERCARD INCORPORATEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 37,705 shares; 2024Q4: 39,933 shares; 2025Q1: 41,125 shares 41,125$22.5M6.2%+1,192Timeline
MRSHMARSH & MCLENNAN COS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 60,741 shares; 2024Q4: 74,639 shares; 2025Q1: 76,869 shares 76,869$18.8M5.16%+2,230Timeline
EXPEAGLE MATLS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 72,955 shares; 2024Q4: not reported; 2025Q1: 84,271 shares 84,271$18.7M5.15%newTimeline
UNHUNITEDHEALTH GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 22,824 shares; 2024Q4: 28,921 shares; 2025Q1: 29,659 shares 29,659$15.5M4.27%+738Timeline
JJACOBS SOLUTIONS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 52,937 shares; 2024Q4: 90,151 shares; 2025Q1: 127,033 shares 127,033$15.4M4.23%+36,882Timeline
INTUINTUITQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 11,308 shares; 2024Q4: 15,036 shares; 2025Q1: 20,325 shares 20,325$12.5M3.43%+5,289Timeline
GOOGALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 83,502 shares; 2024Q4: 88,436 shares; 2025Q1: 73,339 shares 73,339$11.5M3.15%-15,097Timeline
AXPAMERICAN EXPRESS COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 31,241 shares; 2024Q4: 25,952 shares; 2025Q1: 32,950 shares 32,950$8.87M2.44%+6,998Timeline
DHRDANAHER CORP DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 38,240 shares 38,240$7.84M2.16%newTimeline
TSMTAIWAN SEMICONDUCTOR MANUFACQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 45,652 shares 45,652$7.58M2.09%newTimeline
CDWCDW CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 37,216 shares; 2024Q4: 43,764 shares; 2025Q1: 45,072 shares 45,072$7.22M1.99%+1,308Timeline

Sold out in Q1 2025

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

SecurityShares beforeValue beforeType
CCEPCOCA-COLA EUROPACIFIC PARTNE99,960$7.68Mshares
CMECME GROUP INC25,650$5.96Mshares

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).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001085146-25-003342 base2025-05-15acceptance time not in the bulk data set