# Fairtree Asset Management (Pty) Ltd

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2059365. Source: https://holderbook.com/funds/2059365-fairtree-asset-management-pty-ltd/

- Reported value: $260.9M
- Positions: 96
- Weight of the ten largest: 40.7%
- 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 |
|---|---|---|---|---|---|
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $17.8M | 47,839 | 6.8% | 7 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $13.3M | 66,597 | 5.1% | 7 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $13.1M | 55,160 | 5.0% | 7 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $12.5M | 35,518 | 4.8% | 7 |
| KASPI KZ JSC | [KSPI](https://holderbook.com/stocks/KSPI/) | $11.3M | 130,272 | 4.3% | 7 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $10.6M | 18,777 | 4.1% | 7 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $7.6M | 26,229 | 2.9% | 7 |
| PDD HOLDINGS INC | [PDD](https://holderbook.com/stocks/PDD/) | $7.0M | 92,354 | 2.7% | 7 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $6.7M | 14,005 | 2.6% | 7 |
| ISHARES TR | [GOVT](https://holderbook.com/stocks/GOVT/) | $6.0M | 264,514 | 2.3% | 7 |
| JD.COM INC | [JD](https://holderbook.com/stocks/JD/) | $5.5M | 215,397 | 2.1% | 7 |
| NU HLDGS LTD | [NU](https://holderbook.com/stocks/NU/) | $5.0M | 372,669 | 1.9% | 5 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $4.7M | 13,780 | 1.8% | 7 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $4.7M | 9,375 | 1.8% | 7 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $4.6M | 26,048 | 1.8% | 7 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $4.4M | 28,895 | 1.7% | 7 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $4.2M | 8,089 | 1.6% | 7 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $3.7M | 9,673 | 1.4% | 7 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $3.2M | 20,117 | 1.2% | 7 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $3.0M | 5,903 | 1.1% | 7 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $2.9M | 40,119 | 1.1% | 4 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $2.9M | 7,090 | 1.1% | 7 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $2.9M | 8,773 | 1.1% | 6 |
| RESMED INC | [RMD](https://holderbook.com/stocks/RMD/) | $2.6M | 13,498 | 1.0% | 6 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $2.4M | 3,157 | 0.9% | 7 |
| EDWARDS LIFESCIENCES CORP | [EW](https://holderbook.com/stocks/EW/) | $2.4M | 26,339 | 0.9% | 7 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $2.4M | 7,556 | 0.9% | 3 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $2.2M | 6,494 | 0.8% | 6 |
| AUTOZONE INC | [AZO](https://holderbook.com/stocks/AZO/) | $2.1M | 671 | 0.8% | 3 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $2.1M | 12,436 | 0.8% | 2 |
| DECKERS OUTDOOR CORP | [DECK](https://holderbook.com/stocks/DECK/) | $2.1M | 21,022 | 0.8% | 5 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $2.1M | 14,215 | 0.8% | 2 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $2.1M | 36,333 | 0.8% | 2 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $2.1M | 15,234 | 0.8% | 7 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $2.1M | 6,840 | 0.8% | 7 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $2.0M | 9,121 | 0.8% | 3 |
| EMCOR GROUP INC | [EME](https://holderbook.com/stocks/EME/) | $2.0M | 2,449 | 0.8% | 7 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $2.0M | 9,250 | 0.8% | 5 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $2.0M | 21,856 | 0.8% | 3 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $2.0M | 9,569 | 0.8% | 7 |
| WELLTOWER INC | [WELL](https://holderbook.com/stocks/WELL/) | $1.9M | 8,538 | 0.7% | 4 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $1.9M | 3,322 | 0.7% | 2 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $1.9M | 20,656 | 0.7% | 3 |
| ROBINHOOD MKTS INC | [HOOD](https://holderbook.com/stocks/HOOD/) | $1.9M | 18,737 | 0.7% | 1 |
| ZOETIS INC | [ZTS](https://holderbook.com/stocks/ZTS/) | $1.9M | 25,944 | 0.7% | 5 |
| SMITH A O CORP | [AOS](https://holderbook.com/stocks/AOS/) | $1.9M | 29,539 | 0.7% | 7 |
| MSCI INC | [MSCI](https://holderbook.com/stocks/MSCI/) | $1.8M | 3,250 | 0.7% | 7 |
| EQUINIX INC | [EQIX](https://holderbook.com/stocks/EQIX/) | $1.8M | 1,723 | 0.7% | 7 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $1.8M | 4,158 | 0.7% | 3 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $1.8M | 9,914 | 0.7% | 3 |
| RAYMOND JAMES FINL INC | [RJF](https://holderbook.com/stocks/RJF/) | $1.8M | 11,665 | 0.7% | 6 |
| CENCORA INC | [COR](https://holderbook.com/stocks/COR/) | $1.8M | 6,249 | 0.7% | 6 |
| FACTSET RESH SYS INC | [FDS](https://holderbook.com/stocks/FDS/) | $1.7M | 7,602 | 0.7% | 2 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $1.7M | 24,003 | 0.7% | 4 |
| TRIP COM GROUP LTD | [TCOM](https://holderbook.com/stocks/TCOM/) | $1.7M | 41,944 | 0.6% | 6 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $1.6M | 17,454 | 0.6% | 1 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $1.6M | 16,523 | 0.6% | 2 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $1.6M | 5,633 | 0.6% | 1 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $1.5M | 1,262 | 0.6% | 1 |
| CREDICORP LTD | [BAP](https://holderbook.com/stocks/BAP/) | $1.4M | 3,677 | 0.5% | 2 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $1.4M | 10,412 | 0.5% | 3 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $1.3M | 16,571 | 0.5% | 7 |
| THOMSON REUTERS CORP | [TRI](https://holderbook.com/stocks/TRI/) | $1.3M | 16,405 | 0.5% | 1 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $1.3M | 3,880 | 0.5% | 2 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $1.3M | 8,663 | 0.5% | 3 |
| GLOBAL PMTS INC | [GPN](https://holderbook.com/stocks/GPN/) | $1.2M | 17,123 | 0.5% | 6 |
| TERRENO RLTY CORP | [TRNO](https://holderbook.com/stocks/TRNO/) | $1.2M | 18,767 | 0.5% | 2 |
| REALTY INCOME CORP | [O](https://holderbook.com/stocks/O/) | $1.2M | 18,594 | 0.4% | 7 |
| HCA HEALTHCARE INC | [HCA](https://holderbook.com/stocks/HCA/) | $1.1M | 2,939 | 0.4% | 6 |
| UNITED THERAPEUTICS CORP DEL | [UTHR](https://holderbook.com/stocks/UTHR/) | $1.1M | 1,976 | 0.4% | 6 |
| NETEASE COM INC | [NTES](https://holderbook.com/stocks/NTES/) | $1.1M | 8,339 | 0.4% | 3 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $1.0M | 4,581 | 0.4% | 1 |
| COPART INC | [CPRT](https://holderbook.com/stocks/CPRT/) | $980.3K | 34,776 | 0.4% | 3 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $954.5K | 9,945 | 0.4% | 7 |
| VENTAS INC | [VTR](https://holderbook.com/stocks/VTR/) | $951.8K | 10,719 | 0.4% | 1 |
| GAMING & LEISURE P | [GLPI](https://holderbook.com/stocks/GLPI/) | $925.7K | 20,788 | 0.4% | 7 |
| SIMON PPTY GROUP INC NEW | [SPG](https://holderbook.com/stocks/SPG/) | $924.6K | 4,134 | 0.4% | 1 |
| KIMCO REALTY CORP | [KIM](https://holderbook.com/stocks/KIM/) | $860.3K | 33,937 | 0.3% | 7 |
| DIGITAL RLTY TR INC | [DLR](https://holderbook.com/stocks/DLR/) | $841.9K | 4,688 | 0.3% | 7 |
| EXTRA SPACE STORAGE INC | [EXR](https://holderbook.com/stocks/EXR/) | $838.1K | 5,768 | 0.3% | 2 |
| FEDERAL RLTY INVT TR NEW | [FRT](https://holderbook.com/stocks/FRT/) | $828.0K | 6,708 | 0.3% | 5 |
| BXP INC | [BXP](https://holderbook.com/stocks/BXP/) | $817.7K | 12,332 | 0.3% | 2 |
| ALEXANDRIA REAL ESTATE EQ IN | [ARE](https://holderbook.com/stocks/ARE/) | $800.5K | 15,147 | 0.3% | 5 |
| SEA LTD | [SE](https://holderbook.com/stocks/SE/) | $778.6K | 8,125 | 0.3% | 3 |
| ITAU UNIBANCO HLDG S A | [ITUB](https://holderbook.com/stocks/ITUB/) | $728.2K | 89,137 | 0.3% | 3 |
| XP INC | [XP](https://holderbook.com/stocks/XP/) | $723.5K | 44,497 | 0.3% | 5 |
| AVALONBAY CMNTYS INC | [AVB](https://holderbook.com/stocks/AVB/) | $618.9K | 3,280 | 0.2% | 2 |
| PETROLEO BRASILEIRO S A | [PBR](https://holderbook.com/stocks/PBR/) | $595.3K | 36,840 | 0.2% | 2 |
| FUTU HLDGS LTD | [FUTU](https://holderbook.com/stocks/FUTU/) | $588.6K | 6,279 | 0.2% | 3 |
| PAGSEGURO DIGITAL LTD | [PAGS](https://holderbook.com/stocks/PAGS/) | $574.1K | 63,437 | 0.2% | 5 |
| EQUITY RESIDENTIAL | [EQR](https://holderbook.com/stocks/EQR/) | $529.7K | 7,798 | 0.2% | 3 |
| STONECO LTD | [STNE](https://holderbook.com/stocks/STNE/) | $522.0K | 48,155 | 0.2% | 3 |
| AGREE RLTY CORP | [ADC](https://holderbook.com/stocks/ADC/) | $505.6K | 6,676 | 0.2% | 5 |
| EQUITY LIFESTYLE PROPERTIES | [ELS](https://holderbook.com/stocks/ELS/) | $498.9K | 7,741 | 0.2% | 5 |
| INFOSYS LTD | [INFY](https://holderbook.com/stocks/INFY/) | $450.2K | 42,917 | 0.2% | 7 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $292.0K | 172 | 0.1% | 6 |

## 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 | +7.1% | +14.8% | -7.7% | 100% |
| Q1 2026 | -8.0% | -4.6% | -3.4% | 100% |
| Q4 2025 | +1.3% | +2.4% | -1.0% | 100% |
| Q3 2025 | +10.9% | +7.8% | +3.1% | 100% |
| Q2 2025 | +5.1% | +10.5% | -5.4% | 100% |
| Q1 2025 | +2.9% | -4.6% | +7.4% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $260.9M | 96 |
| Q1 2026 | $217.8M | 96 |
| Q4 2025 | $217.3M | 101 |
| Q3 2025 | $152.7M | 94 |
| Q2 2025 | $132.6M | 93 |
| Q1 2025 | $124.3M | 103 |
| Q4 2024 | $104.5M | 96 |