# Milestone Resources Group Ltd

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1708139. Source: https://holderbook.com/funds/1708139-milestone-resources-group-ltd/

- Reported value: $1.6B
- Positions: 8
- Weight of the ten largest: 100.0%
- Filed: 2026-08-11

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $456.4M | 1,208,092 | 27.9% | 10 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $362.9M | 1,522,573 | 22.2% | 24 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $313.8M | 841,156 | 19.2% | 29 |
| ICICI BANK LIMITED | [IBN](https://holderbook.com/stocks/IBN/) | $229.1M | 7,890,422 | 14.0% | 26 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $111.4M | 323,648 | 6.8% | 27 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $65.2M | 32,749 | 4.0% | 2 |
| SHARKNINJA INC | [SN](https://holderbook.com/stocks/SN/) | $63.2M | 415,165 | 3.9% | 8 |
| HDFC BANK LTD | [HDB](https://holderbook.com/stocks/HDB/) | $35.4M | 1,369,248 | 2.2% | 5 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +11.5% | +14.8% | -3.3% | 100% |
| Q1 2026 | -14.9% | -4.6% | -10.3% | 100% |
| Q4 2025 | +0.5% | +2.4% | -1.9% | 100% |
| Q3 2025 | -0.4% | +7.8% | -8.2% | 100% |
| Q2 2025 | +10.9% | +10.5% | +0.4% | 100% |
| Q1 2025 | -8.7% | -4.6% | -4.2% | 100% |
| Q4 2024 | +2.2% | +2.1% | +0.1% | 100% |
| Q3 2024 | +3.8% | +5.4% | -1.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.6B | 8 |
| Q1 2026 | $1.6B | 9 |
| Q4 2025 | $2.0B | 10 |
| Q3 2025 | $2.0B | 10 |
| Q2 2025 | $1.9B | 13 |
| Q1 2025 | $1.9B | 21 |
| Q4 2024 | $3.0B | 26 |
| Q3 2024 | $2.9B | 28 |
| Q2 2024 | $2.9B | 26 |
| Q1 2024 | $2.8B | 27 |
| Q4 2023 | $2.4B | 23 |
| Q3 2023 | $2.0B | 23 |