# EDGAR Filing Document

**Accession Number:** 0002055344
**File Stem:** 0002055344-25-000004
**Filing Date:** 2025-10
**Character Count:** 11492
**Document Hash:** b2bac5154dff41f26789ac80dabbedbf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002055344-25-000004.hdr.sgml**: 20251017

**ACCESSION NUMBER**: 0002055344-25-000004

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251017

**DATE AS OF CHANGE**: 20251017

**EFFECTIVENESS DATE**: 20251017

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Banque de Luxembourg S.A.
- **CENTRAL INDEX KEY:** 0002055344

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** N4
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-25248
- **FILM NUMBER:** 251399081

**BUSINESS ADDRESS:**
- **STREET 1:** 14 BOULEVARD ROYAL
- **CITY:** LUXEMBOURG
- **STATE:** N4
- **ZIP:** L-2449
- **BUSINESS PHONE:** 352 49 924 1

**MAIL ADDRESS:**
- **STREET 1:** 14 BOULEVARD ROYAL
- **CITY:** LUXEMBOURG
- **STATE:** N4
- **ZIP:** L-2449

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Banque de Luxembourg S.A.<br>**Address:** 14 BOULEVARD ROYAL<br>LUXEMBOURG, N4 L-2449

**Form 13F File Number:** 028-25248

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Herve Fayolle<br>**Title:** Transaction Reporting  Support Services Teams Manager<br>**Phone:** 00352499242848

**Signature, Place, and Date of Signing:**

/s/ Herve Fayolle  Luxembourg, N4  10-17-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[ ] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[x] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 2

**Form 13F Information Table Entry Total:** 80

**Form 13F Information Table Value Total:** $193385264

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

|   No. | Name                                   | Form 13F File Number   | CRD Number   | SEC File Number   |
|---:|:---|:---|:---|:---|
|     1 | BLI - Banque de Luxembourg Investments | 028-25159              |  |  |

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 23864155 | 98166 | SH |  | DFND | 1.2 | 98166 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 23167076 | 34776 | SH |  | DFND | 1.2 | 34776 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 21036539 | 40615 | SH |  | DFND | 1.2 | 40615 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 10774294 | 31561 | SH |  | DFND | 1.2 | 31561 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 10599115 | 42981 | SH |  | DFND | 1.2 | 42981 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 10207061 | 107172 | SH |  | DFND | 1.2 | 107172 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 9816755 | 44709 | SH |  | DFND | 1.2 | 44709 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 9472236 | 37200 | SH |  | DFND | 1.2 | 37200 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 8221593 | 23810 | SH |  | DFND | 1.2 | 23810 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 7358082 | 15118 | SH |  | DFND | 1.2 | 15118 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 6552219 | 13280 | SH |  | DFND | 1.2 | 13280 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 5665450 | 82804 | SH |  | DFND | 1.2 | 82804 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 4759359 | 25428 | SH |  | DFND | 1.2 | 25428 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 4282797 | 17431 | SH |  | DFND | 1.2 | 17431 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 4142076 | 22200 | SH |  | DFND | 1.2 | 22200 | 0 | 0 |
| ALLEGION PLC | ORD SHS | G0176J109 |  | 3942313 | 22229 | SH |  | DFND | 1.2 | 22229 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 3402723 | 108298 | SH |  | DFND | 1.2 | 108298 | 0 | 0 |
| ICON PLC | SHS | G4705A100 |  | 3105200 | 17744 | SH |  | DFND | 1.2 | 17744 | 0 | 0 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 2450522 | 25991 | SH |  | DFND | 1.2 | 25991 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 1727500 | 7093 | SH |  | DFND | 1.2 | 7093 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | BUYBACK ACHIEV | 46137V308 |  | 1579824 | 11925 | SH |  | DFND | 1.2 | 11925 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 1402898 | 20119 | SH |  | DFND | 1.2 | 20119 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 1265397 | 2517 | SH |  | DFND | 1.2 | 2517 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 1256242 | 8176 | SH |  | DFND | 1.2 | 8176 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 960700 | 8817 | SH |  | DFND | 1.2 | 8817 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 880869 | 4443 | SH |  | DFND | 1.2 | 4443 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 791389 | 8106 | SH |  | DFND | 1.2 | 8106 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 609674 | 1848 | SH |  | DFND | 1.2 | 1848 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 571085 | 1004 | SH |  | DFND | 1.2 | 1004 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 558580 | 2000 | SH |  | DFND | 1.2 | 2000 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 469269 | 639 | SH |  | DFND | 1.2 | 639 | 0 | 0 |
| FRANCO NEV CORP | COM | 351858105 |  | 467331 | 2100 | SH |  | DFND | 1.2 | 2100 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 421099 | 1335 | SH |  | DFND | 1.2 | 1335 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 409037 | 2206 | SH |  | DFND | 1.2 | 2206 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 404022 | 833 | SH |  | DFND | 1.2 | 833 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 363880 | 2591 | SH |  | DFND | 1.2 | 2591 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 307790 | 264 | SH |  | DFND | 1.2 | 264 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 302633 | 6000 | SH |  | DFND | 1.2 | 6000 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 281174 | 2870 | SH |  | DFND | 1.2 | 2870 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 |  | 274065 | 2109 | SH |  | DFND | 1.2 | 2109 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 253275 | 718 | SH |  | DFND | 1.2 | 718 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 247761 | 2952 | SH |  | DFND | 1.2 | 2952 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 242794 | 2888 | SH |  | DFND | 1.2 | 2888 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 237315 | 1004 | SH |  | DFND | 1.2 | 1004 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 208967 | 439 | SH |  | DFND | 1.2 | 439 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 205399 | 1993 | SH |  | DFND | 1.2 | 1993 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 205327 | 3096 | SH |  | DFND | 1.2 | 3096 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 199133 | 1197 | SH |  | DFND | 1.2 | 1197 | 0 | 0 |
| WATERS CORP | COM | 941848103 |  | 198474 | 662 | SH |  | DFND | 1.2 | 662 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 191193 | 547 | SH |  | DFND | 1.2 | 547 | 0 | 0 |
| MSCI INC | COM | 55354G100 |  | 170223 | 300 | SH |  | DFND | 1.2 | 300 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 166533 | 411 | SH |  | DFND | 1.2 | 411 | 0 | 0 |
| RESMED INC | COM | 761152107 |  | 164238 | 600 | SH |  | DFND | 1.2 | 600 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 159614 | 4644 | SH |  | DFND | 1.2 | 4644 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 151427 | 654 | SH |  | DFND | 1.2 | 654 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 151033 | 497 | SH |  | DFND | 1.2 | 497 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 150283 | 598 | SH |  | DFND | 1.2 | 598 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 145780 | 27 | SH |  | DFND | 1.2 | 27 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 141382 | 501 | SH |  | DFND | 1.2 | 501 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 136930 | 500 | SH |  | DFND | 1.2 | 500 | 0 | 0 |
| CLOROX CO DEL | COM | 189054109 |  | 123300 | 1000 | SH |  | DFND | 1.2 | 1000 | 0 | 0 |
| IDEX CORP | COM | 45167R104 |  | 113932 | 700 | SH |  | DFND | 1.2 | 700 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 109020 | 460 | SH |  | DFND | 1.2 | 460 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 105671 | 502 | SH |  | DFND | 1.2 | 502 | 0 | 0 |
| LAMB WESTON HLDGS INC | COM | 513272104 |  | 102918 | 1772 | SH |  | DFND | 1.2 | 1772 | 0 | 0 |
| ELEVANCE HEALTH INC FORMERLY | COM | 036752103 |  | 100167 | 310 | SH |  | DFND | 1.2 | 310 | 0 | 0 |
| ANHEUSER BUSCH INBEV SA/NV | SPONSORED ADR | 03524A108 |  | 93349 | 1566 | SH |  | DFND | 1.2 | 1566 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 |  | 83581 | 379 | SH |  | DFND | 1.2 | 379 | 0 | 0 |
| COMPANIA CERVECERIAS UNIDAS | SPONSORED ADR | 204429104 |  | 80271 | 6623 | SH |  | DFND | 1.2 | 6623 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 80226 | 394 | SH |  | DFND | 1.2 | 394 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 75390 | 158 | SH |  | DFND | 1.2 | 158 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 73431 | 1095 | SH |  | DFND | 1.2 | 1095 | 0 | 0 |
| XYLEM INC | COM | 98419M100 |  | 72718 | 493 | SH |  | DFND | 1.2 | 493 | 0 | 0 |
| SEMPRA | COM | 816851109 |  | 70004 | 778 | SH |  | DFND | 1.2 | 778 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 50627 | 346 | SH |  | DFND | 1.2 | 346 | 0 | 0 |
| LKQ CORP | COM | 501889208 |  | 47887 | 1568 | SH |  | DFND | 1.2 | 1568 | 0 | 0 |
| COCA-COLA FEMSA SAB DE CV | SPONS ADS REP | 191241108 |  | 45456 | 547 | SH |  | DFND | 1.2 | 547 | 0 | 0 |
| YUM CHINA HLDGS INC | COM | 98850P109 |  | 43818 | 1000 | SH |  | DFND | 1.2 | 1000 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 35220 | 120 | SH |  | DFND | 1.2 | 120 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 27174 | 435 | SH |  | DFND | 1.2 | 435 | 0 | 0 |

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