Location: Auckland, New Zealand
CIK: 0001775715 · Show all filings
Period: Q4 2025 (Next →)
Filing Date: Feb 13, 2026
Total Value: $5.092B (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| MSFT | Microsoft Corporation | 676,907 | $327M | 6.4% | $500.58 | 0.0% | COM | 594918104 |
| GOOG | Alphabet Inc Class C | 967,441 | $304M | 6.0% | $286.33 | 0.0% | CL C | 02079K107 |
| AMZN | Amazon.Com Inc | 1,184,621 | $273M | 5.4% | $228.79 | 0.0% | COM | 023135106 |
| BAC | Bank of America Corp | 4,158,897 | $229M | 4.5% | $52.67 | 0.0% | COM | 060505104 |
| NGG | National Grid PLC | 2,368,561 | $183M | 3.6% | $77.35 | — | COM | 636274409 |
| ARMK | ARAMARK | 4,916,002 | $181M | 3.6% | $37.92 | 0.0% | COM | 03852U106 |
| CCI | Crown Castle Inc | 1,898,900 | $169M | 3.3% | $91.09 | 0.0% | COM | 22822V101 |
| AAPL | Apple Inc | 617,499 | $168M | 3.3% | $268.34 | 0.0% | COM | 037833100 |
| TSM | Taiwan Semiconductor-SP ADR | 492,795 | $150M | 2.9% | $303.89 | — | COM | 874039100 |
| NVDA | NVIDIA Corp | 762,396 | $142M | 2.8% | $186.13 | 0.0% | COM | 67066G104 |
| CRM | Salesforce.com Inc | 533,015 | $141M | 2.8% | $248.17 | 0.0% | COM | 79466L302 |
| APG | APi Group Corp | 3,253,697 | $124M | 2.4% | $36.98 | 0.0% | COM | 00187Y100 |
| AMT | American Tower Corp | 658,277 | $116M | 2.3% | $180.30 | 0.0% | COM | 03027X100 |
| INTU | Intuit Inc | 169,427 | $112M | 2.2% | $660.69 | 0.0% | COM | 461202103 |
| AJG | Arthur J Gallagagh & Co | 432,088 | $112M | 2.2% | $264.22 | 0.0% | COM | 363576109 |
| NEM | Newmont Mining Corp | 1,019,021 | $102M | 2.0% | $90.20 | 0.0% | COM | 651639106 |
| CCL | Carnival Corporation | 3,298,670 | $101M | 2.0% | $27.88 | 0.0% | COM | 143658300 |
| DUK | Duke Energy Corp | 835,293 | $97.9M | 1.9% | $121.57 | 0.0% | COM | 26441C204 |
| META | Meta Platforms Inc | 143,270 | $94.57M | 1.9% | $667.32 | 0.0% | COM | 30303M102 |
| JPM | JPMorgan Chase & Co | 290,975 | $93.76M | 1.8% | $309.53 | 0.0% | COM | 46625H100 |
| RIO | Rio Tinto Plc-Spon ADR | 1,163,854 | $93.14M | 1.8% | $80.03 | — | COM | 767204100 |
| MU | Micron Technology Inc | 307,426 | $87.74M | 1.7% | $229.35 | 0.0% | COM | 595112103 |
| JLL | Jones Lang LaSalle Inc | 255,944 | $86.12M | 1.7% | $313.44 | 0.0% | COM | 48020Q107 |
| SPGI | S&P Global Inc | 160,134 | $83.68M | 1.6% | $494.21 | 0.0% | COM | 78409V104 |
| BSX | Boston Scientific Corp | 815,279 | $77.74M | 1.5% | $98.04 | 0.0% | COM | 101137107 |
| SHEL | Shell PLC | 970,303 | $71.3M | 1.4% | $73.48 | — | COM | 780259305 |
| PHM | Pultegroup Inc | 583,141 | $68.38M | 1.3% | $122.44 | 0.0% | COM | 745867101 |
| MA | Mastercard Inc-Class A | 109,848 | $62.71M | 1.2% | $558.95 | 0.0% | CL A | 57636Q104 |
| DHR | Danaher Corp | 269,420 | $61.68M | 1.2% | $219.54 | 0.0% | COM | 235851102 |
| UNP | Union Pacific Corp | 262,220 | $60.66M | 1.2% | $227.32 | 0.0% | COM | 907818108 |
| NFLX | Netflix Inc | 636,427 | $59.67M | 1.2% | $107.81 | 0.0% | COM | 64110L106 |
| AVGO | Broadcom Inc | 164,969 | $57.1M | 1.1% | $357.00 | 0.0% | COM | 11135F101 |
| HCA | HCA Holdings Inc | 112,646 | $52.59M | 1.0% | $463.73 | 0.0% | COM | 40412C101 |
| BDX | Becton Dickinson and Co | 269,491 | $52.3M | 1.0% | $189.55 | 0.0% | COM | 075887109 |
| TMO | Thermo Fisher Scientific Inc | 83,717 | $48.51M | 1.0% | $565.16 | 0.0% | COM | 883556102 |
| ELV | Elevance Health Inc | 132,628 | $46.49M | 0.9% | $336.70 | 0.0% | COM | 036752103 |
| GPK | Graphic Packaging Holding Co | 2,880,110 | $43.37M | 0.9% | $16.44 | 0.0% | COM | 388689101 |
| GXO | GXO Logistics Inc | 821,627 | $43.25M | 0.8% | $52.55 | 0.0% | COM | 36262G101 |
| TDG | Transdigm Group Inc | 31,514 | $41.91M | 0.8% | $1310.75 | 0.0% | COM | 893641100 |
| FISV | Fiserv Inc | 608,215 | $40.85M | 0.8% | $83.87 | 0.0% | COM | 337738108 |
| TRU | Transunion | 469,107 | $40.23M | 0.8% | $82.11 | 0.0% | COM | 89400J107 |
| RYAAY | Ryanair Holdings PLC | 545,491 | $39.38M | 0.8% | $72.19 | — | COM | 783513203 |
| NOW | Servicenow Inc | 235,635 | $36.1M | 0.7% | $171.54 | 0.0% | COM | 81762P102 |
| LLY | Eli Lilly and Company | 32,746 | $35.19M | 0.7% | $955.55 | 0.0% | COM | 532457108 |
| IQV | IQVIA Holdings Inc | 142,348 | $32.09M | 0.6% | $217.58 | 0.0% | COM | 46266C105 |
| RMD | Resmed Inc | 118,000 | $28.42M | 0.6% | $255.44 | 0.0% | COM | 761152107 |
| VMC | Vulcan Materials Co | 99,520 | $28.39M | 0.6% | $293.14 | 0.0% | COM | 929160109 |
| IBKR | Interactive Brokers Group Inc-CL A | 416,730 | $26.8M | 0.5% | $66.89 | 0.0% | CL A | 45841N107 |
| EFX | Equifax Inc | 116,771 | $25.34M | 0.5% | $218.67 | 0.0% | COM | 294429105 |
| ICE | Intercontinental Exchange Inc | 155,075 | $25.12M | 0.5% | $156.20 | 0.0% | COM | 45866F104 |
| AEE | Ameren Corp | 245,838 | $24.55M | 0.5% | $101.98 | 0.0% | COM | 023608102 |
| XPO | XPO Logistics Inc | 180,029 | $24.47M | 0.5% | $136.23 | 0.0% | COM | 983793100 |
| CBRE | CBRE Group Inc | 145,738 | $23.43M | 0.5% | $157.23 | 0.0% | COM | 12504L109 |
| WMT | Wal-Mart Stores Inc | 199,263 | $22.2M | 0.4% | $107.20 | 0.0% | COM | 931142103 |
| ROP | Roper Industries Inc | 47,596 | $21.19M | 0.4% | $462.16 | 0.0% | COM | 776696106 |
| LOW | Lowe's Companies Inc | 78,253 | $18.87M | 0.4% | $239.83 | 0.0% | COM | 548661107 |
| WMS | Advanced Drainage Systems | 108,000 | $15.64M | 0.3% | $144.68 | 0.0% | COM | 00790R104 |
| MCD | McDonald's Corp | 49,252 | $15.05M | 0.3% | $305.09 | 0.0% | COM | 580135101 |
| TOL | Toll Brothers Inc | 109,663 | $14.83M | 0.3% | $135.75 | 0.0% | COM | 889478103 |
| SBAC | SBA Communications Corp | 71,110 | $13.75M | 0.3% | $192.67 | 0.0% | COM | 78410G104 |
| CFG | Citizens Financial Group | 235,000 | $13.73M | 0.3% | $53.58 | 0.0% | COM | 174610105 |
| UBER | Uber Technologies Ord Shs | 152,330 | $12.45M | 0.2% | $90.05 | 0.0% | COM | 90353T100 |
| PLD | Prologis Inc | 93,046 | $11.88M | 0.2% | $123.86 | 0.0% | COM | 74340W103 |
| LNG | Cheniere Energy Inc | 58,680 | $11.41M | 0.2% | $209.99 | 0.0% | COM | 16411R208 |
| V | Visa Inc-Class A Shares | 28,000 | $9.82M | 0.2% | $340.38 | 0.0% | CL A | 92826C839 |
| LIF | LIFE360 INC | 149,737 | $9.604M | 0.2% | $83.07 | 0.0% | COM | 532206109 |
| BP | BP Plc-Spons ADR | 240,000 | $8.335M | 0.2% | $34.73 | — | COM | 055622104 |
| BWIN | Baldwin Insurance Group Inc | 346,319 | $8.322M | 0.2% | $25.47 | 0.0% | COM | 05589G102 |
| NVO | Novo Nordisk A/S | 156,298 | $7.952M | 0.2% | $50.88 | — | COM | 670100205 |
| CNP | CenterPoint Energy Inc | 204,816 | $7.853M | 0.2% | $38.86 | 0.0% | COM | 15189T107 |
| NICE | Nice Ltd | 66,797 | $7.551M | 0.1% | $113.04 | — | COM | 653656108 |
| T | AT&T Inc | 280,000 | $6.955M | 0.1% | $25.29 | 0.0% | COM | 00206R102 |
| HLN | Haleon PLC | 180,000 | $1.82M | 0.0% | $10.11 | — | COM | 405552100 |
| KLAC | KLA-Tencor Corp | 1,424 | $1.73M | 0.0% | $1171.91 | 0.0% | COM | 482480100 |
| KMI | Kinder Morgan Inc/DE | 52,327 | $1.438M | 0.0% | $26.91 | 0.0% | COM | 49456B101 |
| NEE | NextEra Energy Inc | 14,367 | $1.153M | 0.0% | $82.50 | 0.0% | COM | 65339F101 |