# EDGAR Filing Document

**Accession Number:** 0001775715
**File Stem:** 0001775715-26-000007
**Filing Date:** 2026-5
**Character Count:** 12067
**Document Hash:** f6b946e95c6228da02282a28e626bb68
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001775715-26-000007.hdr.sgml**: 20260514

**ACCESSION NUMBER**: 0001775715-26-000007

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260514

**DATE AS OF CHANGE**: 20260514

**EFFECTIVENESS DATE**: 20260514

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MILFORD FUNDS LTD
- **CENTRAL INDEX KEY:** 0001775715

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** Q2
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-26296
- **FILM NUMBER:** 26978899

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** LEVEL 12
- **STREET 2:** 50 ALBERT STREET
- **CITY:** AUCKLAND
- **PROVINCE COUNTRY:** Q2
- **ZIP:** 1022
- **BUSINESS PHONE:** 6499214700

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** PO BOX 960
- **STREET 2:** SHORTLAND STREET
- **CITY:** AUCKLAND
- **PROVINCE COUNTRY:** Q2
- **ZIP:** 1022

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Milford Asset Management Ltd
- **DATE OF NAME CHANGE:** 20190503

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**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:** MILFORD FUNDS LTD<br>**Address:** PO BOX 960<br>SHORTLAND STREET<br>AUCKLAND, Q2 1022

**Form 13F File Number:** 028-26296

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:** Matthew Thomas<br>**Title:** Head of Operations<br>**Phone:** 64273482988

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

Matt Thomas  Auckland, Q2  05-14-2026<br>[Signature]  [City, State]  [Date]

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

[x] **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).)

[ ] **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:** 0

**Form 13F Information Table Entry Total:** 75

**Form 13F Information Table Value Total:** $4771924080

      (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.]

**NONE**

### 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 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 | BBG000BBQCY0 | 17701461 | 87015 | SH |  | SOLE |  | 87015 | 0 | 0 |
| ALPHABET INC | COM | 02079K107 | BBG009S3NB30 | 178980273 | 623929 | SH |  | SOLE |  | 623929 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 | BBG000BVPV84 | 245022990 | 1176468 | SH |  | SOLE |  | 1176468 | 0 | 0 |
| AMEREN CORP | COM | 023608102 | BBG000B9X8C0 | 27022513 | 245838 | SH |  | SOLE |  | 245838 | 0 | 0 |
| AMERICAN TOWER CORP | COM | 03027X100 | BBG000B9XYV2 | 107175286 | 621018 | SH |  | SOLE |  | 621018 | 0 | 0 |
| API GROUP CORP | COM | 00187Y100 | BBG00HXKRGY9 | 88513995 | 2184452 | SH |  | SOLE |  | 2184452 | 0 | 0 |
| APPLE INC | COM | 037833100 | BBG000B9XRY4 | 137400383 | 541394 | SH |  | SOLE |  | 541394 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 | BBG000BBPFB9 | 27187686 | 79545 | SH |  | SOLE |  | 79545 | 0 | 0 |
| ARAMARK | COM | 03852U106 | BBG001KY4N87 | 244797993 | 6038431 | SH |  | SOLE |  | 6038431 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 | BBG000BCTLF6 | 155584260 | 3191472 | SH |  | SOLE |  | 3191472 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 | BBG000BCZYD3 | 43944370 | 279491 | SH |  | SOLE |  | 279491 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 | BBG000C0LW92 | 138691368 | 2210221 | SH |  | SOLE |  | 2210221 | 0 | 0 |
| BP PLC | COM | 055622104 | BBG000BT4FC2 | 41360000 | 880000 | SH |  | SOLE |  | 880000 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 | BBG00KHY5S69 | 78356171 | 253162 | SH |  | SOLE |  | 253162 | 0 | 0 |
| CANADIAN PACIFIC KANSAS CIT | COM | 13646K108 | BBG000DMM476 | 32822828 | 299834 | SH |  | SOLE |  | 299834 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 | BBG00RP5HYS8 | 13167249 | 233835 | SH |  | SOLE |  | 233835 | 0 | 0 |
| CBRE GROUP INC | COM | 12504L109 | BBG000C04224 | 14299699 | 105564 | SH |  | SOLE |  | 105564 | 0 | 0 |
| CENTERPOINT ENERGY INC | COM | 15189T107 | BBG000FDBX90 | 14234859 | 329816 | SH |  | SOLE |  | 329816 | 0 | 0 |
| CHENIERE ENERGY INC | COM | 16411R208 | BBG000C3HSR0 | 18069837 | 63680 | SH |  | SOLE |  | 63680 | 0 | 0 |
| CITIZENS FINL GROUP INC | COM | 174610105 | BBG006Q0HY77 | 5577210 | 93000 | SH |  | SOLE |  | 93000 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 | BBG000BQQH30 | 86849004 | 657947 | SH |  | SOLE |  | 657947 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 | BBG014KFRNP7 | 418875 | 1500 | SH |  | SOLE |  | 1500 | 0 | 0 |
| CROWN CASTLE INC | COM | 22822V101 | BBG000FV1Z23 | 147150122 | 1809742 | SH |  | SOLE |  | 1809742 | 0 | 0 |
| DANAHER CORP DEL | COM | 235851102 | BBG000BH3JF8 | 25802474 | 136089 | SH |  | SOLE |  | 136089 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM | 26441C204 | BBG000BHGDH5 | 72448185 | 553293 | SH |  | SOLE |  | 553293 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 | BBG000BNBDC2 | 22774425 | 24761 | SH |  | SOLE |  | 24761 | 0 | 0 |
| EQUIFAX INC | COM | 294429105 | BBG000BHPL78 | 6818711 | 37867 | SH |  | SOLE |  | 37867 | 0 | 0 |
| FISERV INC | COM | 337738108 | BBG000BJKPG0 | 32810400 | 588000 | SH |  | SOLE |  | 588000 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 | BBG000BBHXQ3 | 77660607 | 358577 | SH |  | SOLE |  | 358577 | 0 | 0 |
| GRAPHIC PACKAGING HLDG CO | COM | 388689101 | BBG000GQ7K93 | 11730293 | 1180110 | SH |  | SOLE |  | 1180110 | 0 | 0 |
| GXO LOGISTICS INCORPORATED | COM | 36262G101 | BBG00YDGX945 | 51853215 | 1000062 | SH |  | SOLE |  | 1000062 | 0 | 0 |
| HALEON PLC | COM | 405552100 | BBG018GZNCH6 | 1801800 | 180000 | SH |  | SOLE |  | 180000 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 | BBG000QW7VC1 | 76521962 | 161698 | SH |  | SOLE |  | 161698 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 | BBG0058KMH30 | 16420320 | 54000 | SH |  | SOLE |  | 54000 | 0 | 0 |
| INTERACTIVE BROKERS GROUP I | COM | 45841N107 | BBG000LV0836 | 16050589 | 239311 | SH |  | SOLE |  | 239311 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE I | COM | 45866F104 | BBG000C1FB75 | 30992653 | 197054 | SH |  | SOLE |  | 197054 | 0 | 0 |
| INTUIT | COM | 461202103 | BBG000BH5DV1 | 164511078 | 380478 | SH |  | SOLE |  | 380478 | 0 | 0 |
| IQVIA HLDGS INC | COM | 46266C105 | BBG00333FYS2 | 1148075 | 6732 | SH |  | SOLE |  | 6732 | 0 | 0 |
| JONES LANG LASALLE INC | COM | 48020Q107 | BBG000C2L2L0 | 43822080 | 144000 | SH |  | SOLE |  | 144000 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 | BBG000DMBXR2 | 55453572 | 188515 | SH |  | SOLE |  | 188515 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 | BBG0019JZ882 | 1754524 | 52327 | SH |  | SOLE |  | 52327 | 0 | 0 |
| LIFE360 INC | COM | 532206109 | BBG00256NGB3 | 6112264 | 149737 | SH |  | SOLE |  | 149737 | 0 | 0 |
| LOWES COS INC | COM | 548661107 | BBG000BNDN65 | 18489619 | 78253 | SH |  | SOLE |  | 78253 | 0 | 0 |
| MASTERCARD INCORPORATED | COM | 57636Q104 | BBG000F1ZSQ2 | 43426450 | 86912 | SH |  | SOLE |  | 86912 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 | BBG000BNSZP1 | 22062982 | 70990 | SH |  | SOLE |  | 70990 | 0 | 0 |
| META PLATFORMS INC | COM | 30303M102 | BBG000MM2P62 | 129118298 | 225680 | SH |  | SOLE |  | 225680 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 | BBG000C5Z1S3 | 88414079 | 261704 | SH |  | SOLE |  | 261704 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 | BBG000BPH459 | 273899518 | 739929 | SH |  | SOLE |  | 739929 | 0 | 0 |
| NATIONAL GRID PLC | COM | 636274409 | BBG000L4Y5K6 | 150051890 | 1773663 | SH |  | SOLE |  | 1773663 | 0 | 0 |
| NETFLIX INC. | COM | 64110L106 | BBG000CL9VN6 | 87575824 | 910825 | SH |  | SOLE |  | 910825 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 | BBG000BPWXK1 | 47090266 | 435014 | SH |  | SOLE |  | 435014 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 | BBG000BJSBJ0 | 1334407 | 14367 | SH |  | SOLE |  | 14367 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG000BBJQV0 | 213159877 | 1222247 | SH |  | SOLE |  | 1222247 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 | BBG000B9Z0J8 | 49246567 | 372572 | SH |  | SOLE |  | 372572 | 0 | 0 |
| PULTE GROUP INC | COM | 745867101 | BBG000BR54L0 | 57665124 | 490308 | SH |  | SOLE |  | 490308 | 0 | 0 |
| RESMED INC | COM | 761152107 | BBG000L4M7F1 | 33672000 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| RIO TINTO PLC | COM | 767204100 | BBG000FD28T3 | 62629215 | 671339 | SH |  | SOLE |  | 671339 | 0 | 0 |
| RYANAIR HOLDINGS PLC | COM | 783513203 | BBG000J9CBT0 | 58238933 | 1007594 | SH |  | SOLE |  | 1007594 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 | BBG000BP1Q11 | 22473690 | 52837 | SH |  | SOLE |  | 52837 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 | BBG000BN2DC2 | 92584960 | 495982 | SH |  | SOLE |  | 495982 | 0 | 0 |
| SBA COMMUNICATIONS CORP | COM | 78410G104 | BBG000D2M0Z7 | 12238742 | 71110 | SH |  | SOLE |  | 71110 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 | BBG000M1R011 | 2311810 | 22112 | SH |  | SOLE |  | 22112 | 0 | 0 |
| SHELL PLC | COM | 780259305 | BBG0147BN6G2 | 205483128 | 2209496 | SH |  | SOLE |  | 2209496 | 0 | 0 |
| SLB LIMITED | COM | 806857108 | BBG000BT41Q8 | 6552431 | 127504 | SH |  | SOLE |  | 127504 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MANUFA | COM | 874039100 | BBG000BD8ZK0 | 216904083 | 641823 | SH |  | SOLE |  | 641823 | 0 | 0 |
| TC ENERGY CORP | COM | 87807B107 | BBG000D07ZQ1 | 2540389 | 29163 | SH |  | SOLE |  | 29163 | 0 | 0 |
| THERMO FISHER SCIENTIFIC IN | COM | 883556102 | BBG000BVDLH9 | 81222383 | 165244 | SH |  | SOLE |  | 165244 | 0 | 0 |
| TOLL BROTHERS INC | COM | 889478103 | BBG000BVHBM1 | 48445076 | 354987 | SH |  | SOLE |  | 354987 | 0 | 0 |
| TRANSDIGM GROUP INC | COM | 893641100 | BBG000L8CBX4 | 44136674 | 38083 | SH |  | SOLE |  | 38083 | 0 | 0 |
| TRANSUNION | COM | 89400J107 | BBG002Q7J5Z1 | 8565514 | 123797 | SH |  | SOLE |  | 123797 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 | BBG002B04MT8 | 10957097 | 152330 | SH |  | SOLE |  | 152330 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 | BBG000BW3299 | 52959821 | 218283 | SH |  | SOLE |  | 218283 | 0 | 0 |
| VISA INC | COM | 92826C839 | BBG000PSKYX7 | 8462720 | 28000 | SH |  | SOLE |  | 28000 | 0 | 0 |
| WALMART INC | COM | 931142103 | BBG000BWXBC2 | 19340826 | 155623 | SH |  | SOLE |  | 155623 | 0 | 0 |
| WATERS CORP | COM | 941848103 | BBG000FQRVM3 | 19854028 | 66669 | SH |  | SOLE |  | 66669 | 0 | 0 |

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