Ninety One Sa Investment Activity Q2 2026: Focus on Divestment

Ninety One Sa (Pty) Ltd's portfolio saw substantial changes during the quarter ending June 2026. The investment platform demonstrated a clear focus on divestment, particularly reducing its exposure to gold mining stocks.

The most significant change involved Anglogold Ashanti Plc (AU). Ninety One Sa sold shares in this position, resulting in a -26.84% reduction from the previous period and lowering its portfolio allocation percentage from 49.08% to an unspecified level.

In addition to reducing its largest holding, Ninety One Sa also disposed of other positions during Q2:

• Visa Inc (V) experienced a slight reduction (-4.3%) but remained in the portfolio.
• Zillow Group Inc (Z) was completely sold, reducing its allocation to zero from previous quarters.
• Boston Scientific Corp (BSX), which held a very small position of just 0.01% at the end of March, was also fully divested (-95.93%).
• The platform exited its stake in Tradeweb Markets Inc (TW), reducing it to zero from previous quarters.

Concurrently, Ninety One Sa initiated several new positions or significantly increased existing ones:

• Kinross Gold Corp (KGC) was added with a position increase of 100%, boosting its portfolio allocation to 0.65%.
• SLB Ltd (SLB), the energy sector ETF, entered the picture entirely new or significantly increased from zero, now holding an allocation of 0.95%.
• The platform also created a position in iShares MSCI Emerging Markets ETF (EEM) with a full increase from zero, allocating just under 0.38%.
• iShares U.S. Healthcare ETF (IYH), which was previously not held by Ninety One Sa, entered the portfolio entirely new or significantly increased from zero, now holding an allocation of approximately 0.37%.
• iShares Expanded Tech-Software Sector ETF (IGV) was added with a position increase of 100% from zero, now holding an allocation of about 0.39%.
• Interactive Brokers Group Inc (IBKR), previously not held by Ninety One Sa, entered the portfolio entirely new or significantly increased from zero, allocating around 0.35%.

The overall holding count for Ninety One Sa remained high at 108 positions, reflecting its diverse nature. The top five holdings still dominate the portfolio, accounting for 62.49% of the total value as of June 30th.

For a detailed breakdown of all changes and current allocations, please refer to Ninety One Sa's latest filing on InsiderSet.