L1 Capital International Pty Ltd Long-Term Concentrated

Location: SYDNEY NSW 2000, C3

CIK: 0002009023 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 15, 2026

Total Value: $1.678B (100.0% shares, 0.0% debt)

Holdings (23)

New Positions (2)

APO APOLLO GLOBAL MGMT INC 1.7%

Value $29.36M Shares 263,472 Est. Cost — Unrealized —

TTEK TETRA TECH INC NEW 1.7%

Value $28.8M Shares 956,166 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
APO	APOLLO GLOBAL MGMT INC	263,472	$29.36M	1.7%	—	—	COM	03769M106
TTEK	TETRA TECH INC NEW	956,166	$28.8M	1.7%	—	—	COM	88162G103

Increased Positions (5)

INTU INTUIT 4.0%

Value $66.74M (-31.2%) Shares 154,361 (+5.4%) Est. Cost — Unrealized —

V VISA INC 6.0%

Value $99.85M (-10.9%) Shares 330,356 (+3.3%) Est. Cost — Unrealized —

CDW CDW CORP 3.0%

Value $49.73M (+29.5%) Shares 410,954 (+45.7%) Est. Cost — Unrealized —

MA MASTERCARD INCORPORATED 6.0%

Value $101M (-8.5%) Shares 202,344 (+4.5%) Est. Cost — Unrealized —

TSM TAIWAN SEMICONDUCTOR MANUFAC 0.9%

Value $15.5M (+17.7%) Shares 45,870 (+5.9%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
INTU	INTUIT	154,361 (+5.4%)	$66.74M (-31.2%)	4.0%	—	—	COM	461202103
V	VISA INC	330,356 (+3.3%)	$99.85M (-10.9%)	6.0%	—	—	COM CL A	92826C839
CDW	CDW CORP	410,954 (+45.7%)	$49.73M (+29.5%)	3.0%	—	—	COM	12514G108
MA	MASTERCARD INCORPORATED	202,344 (+4.5%)	$101M (-8.5%)	6.0%	—	—	CL A	57636Q104
TSM	TAIWAN SEMICONDUCTOR MANUFAC	45,870 (+5.9%)	$15.5M (+17.7%)	0.9%	—	—	SPONSORED ADS	874039100

Decreased Positions (13)

MSFT MICROSOFT CORP 7.5%

Value $125M (-24.4%) Shares 337,991 (-1.3%) Est. Cost — Unrealized —

AER AERCAP HOLDINGS NV 11.0%

Value $185M (-16.0%) Shares 1,344,992 (-11.9%) Est. Cost — Unrealized —

HCA HCA HEALTHCARE INC 1.1%

Value $17.87M (-58.4%) Shares 37,767 (-58.9%) Est. Cost — Unrealized —

CRH CRH PLC 7.3%

Value $123M (-16.9%) Shares 1,167,510 (-1.3%) Est. Cost — Unrealized —

GOOGL ALPHABET INC 2.4%

Value $40.88M (-37.3%) Shares 142,175 (-31.7%) Est. Cost — Unrealized —

AMZN AMAZON COM INC 9.2%

Value $155M (-11.0%) Shares 743,467 (-1.3%) Est. Cost — Unrealized —

DHR DANAHER CORP DEL 4.5%

Value $75.07M (-18.1%) Shares 395,943 (-1.1%) Est. Cost — Unrealized —

ICE INTERCONTINENTAL EXCHANGE IN 5.8%

Value $97M (-8.9%) Shares 616,718 (-6.2%) Est. Cost — Unrealized —

AXP AMERICAN EXPRESS CO 2.3%

Value $38.23M (-19.8%) Shares 126,402 (-1.9%) Est. Cost — Unrealized —

UBER UBER TECHNOLOGIES INC 2.8%

Value $47.22M (-13.2%) Shares 656,456 (-1.4%) Est. Cost — Unrealized —

MRSH MARSH & MCLENNAN COS INC 3.6%

Value $61.2M (-7.7%) Shares 352,836 (-1.3%) Est. Cost — Unrealized —

J JACOBS SOLUTIONS INC 5.4%

Value $90.91M (-5.1%) Shares 714,271 (-1.3%) Est. Cost — Unrealized —

GOOG ALPHABET INC 0.9%

Value $15.19M (-17.3%) Shares 52,944 (-9.6%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	337,991 (-1.3%)	$125M (-24.4%)	7.5%	—	—	COM	594918104
AER	AERCAP HOLDINGS NV	1,344,992 (-11.9%)	$185M (-16.0%)	11.0%	—	—	SHS	N00985106
HCA	HCA HEALTHCARE INC	37,767 (-58.9%)	$17.87M (-58.4%)	1.1%	—	—	COM	40412C101
CRH	CRH PLC	1,167,510 (-1.3%)	$123M (-16.9%)	7.3%	—	—	ORD	G25508105
GOOGL	ALPHABET INC	142,175 (-31.7%)	$40.88M (-37.3%)	2.4%	—	—	CAP STK CL A	02079K305
AMZN	AMAZON COM INC	743,467 (-1.3%)	$155M (-11.0%)	9.2%	—	—	COM	023135106
DHR	DANAHER CORP DEL	395,943 (-1.1%)	$75.07M (-18.1%)	4.5%	—	—	COM	235851102
ICE	INTERCONTINENTAL EXCHANGE IN	616,718 (-6.2%)	$97M (-8.9%)	5.8%	—	—	COM	45866F104
AXP	AMERICAN EXPRESS CO	126,402 (-1.9%)	$38.23M (-19.8%)	2.3%	—	—	COM	025816109
UBER	UBER TECHNOLOGIES INC	656,456 (-1.4%)	$47.22M (-13.2%)	2.8%	—	—	COM	90353T100
MRSH	MARSH & MCLENNAN COS INC	352,836 (-1.3%)	$61.2M (-7.7%)	3.6%	—	—	COM	571748102
J	JACOBS SOLUTIONS INC	714,271 (-1.3%)	$90.91M (-5.1%)	5.4%	—	—	COM	46982L108
GOOG	ALPHABET INC	52,944 (-9.6%)	$15.19M (-17.3%)	0.9%	—	—	CAP STK CL C	02079K107

Unchanged Positions (3)

BKNG BOOKING HOLDINGS INC 5.9%

Value $99.58M Shares 23,652 Est. Cost — Unrealized —

CRM SALESFORCE INC 2.9%

Value $48.2M Shares 258,225 Est. Cost — Unrealized —

NVDA NVIDIA CORPORATION 4.1%

Value $68.09M Shares 390,418 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BKNG	BOOKING HOLDINGS INC	23,652	$99.58M	5.9%	—	—	COM	09857L108
CRM	SALESFORCE INC	258,225	$48.2M	2.9%	—	—	COM	79466L302
NVDA	NVIDIA CORPORATION	390,418	$68.09M	4.1%	—	—	COM	67066G104