# EDGAR Filing Document

**Accession Number:** 0002025905
**File Stem:** 0002025905-25-000012
**Filing Date:** 2025-10
**Character Count:** 13743
**Document Hash:** b5dd498cc297f086be4c50f98e0f50ed
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002025905-25-000012.hdr.sgml**: 20251020

**ACCESSION NUMBER**: 0002025905-25-000012

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251020

**DATE AS OF CHANGE**: 20251020

**EFFECTIVENESS DATE**: 20251020

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Generate Investment Management Ltd
- **CENTRAL INDEX KEY:** 0002025905

**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:** 028-24257
- **FILM NUMBER:** 251402755

**BUSINESS ADDRESS:**
- **STREET 1:** LEVEL 9, JARDEN HOUSE
- **STREET 2:** 21 QUEEN STREET
- **CITY:** AUCKLAND
- **STATE:** Q2
- **ZIP:** 1010
- **BUSINESS PHONE:** 6496005100

**MAIL ADDRESS:**
- **STREET 1:** PO BOX 91609
- **STREET 2:** VICTORIA STREET WEST
- **CITY:** AUCKLAND
- **STATE:** Q2
- **ZIP:** 1142

### 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:** Generate Investment Management Ltd<br>**Address:** PO BOX 91609<br>VICTORIA STREET WEST<br>AUCKLAND, Q2 1142

**Form 13F File Number:** 028-24257

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:** Nicholas Kynoch<br>**Title:** General Counsel/Director<br>**Phone:** 6496005100

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

Nicholas Kynoch  Auckland, Q2  10-20-2025<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:** 1

**Form 13F Information Table Entry Total:** 102

**Form 13F Information Table Value Total:** $1970686638

      (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   |
|:---|:---|:---|
|  | Compound Global Advisors LLC | 028-22887              |

### 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 |
| ABBVIE INC | COM | 00287Y109 |  | 10464913 | 45197 | SH |  | OTR | 1 | 45197 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 9602427 | 41472 | SH |  | SOLE |  | 41472 | 0 | 0 |
| AERCAP HOLDINGS NV | SHS | N00985106 |  | 8470000 | 70000 | SH |  | OTR | 1 | 70000 | 0 | 0 |
| ALAMOS GOLD INC NEW | COM CL A | 011532108 |  | 36603000 | 1050000 | SH |  | OTR | 1 | 1050000 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 46189000 | 190000 | SH |  | OTR | 1 | 190000 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 36161125 | 148750 | SH |  | SOLE |  | 148750 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 42816150 | 195000 | SH |  | OTR | 1 | 195000 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 50897204 | 231804 | SH |  | SOLE |  | 231804 | 0 | 0 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 5568750 | 45000 | SH |  | OTR | 1 | 45000 | 0 | 0 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 11043450 | 89240 | SH |  | SOLE |  | 89240 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 28009300 | 110000 | SH |  | OTR | 1 | 110000 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 66529726 | 261280 | SH |  | SOLE |  | 261280 | 0 | 0 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 5408609 | 37119 | SH |  | OTR | 1 | 37119 | 0 | 0 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 7744720 | 8000 | SH |  | OTR | 1 | 8000 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 22547667 | 437055 | SH |  | SOLE |  | 437055 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 51868691 | 103172 | SH |  | SOLE |  | 103172 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 7810400 | 80000 | SH |  | OTR | 1 | 80000 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 30761358 | 315081 | SH |  | SOLE |  | 315081 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 20619375 | 62500 | SH |  | OTR | 1 | 62500 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 20019599 | 60682 | SH |  | SOLE |  | 60682 | 0 | 0 |
| CENCORA INC | COM | 03073E105 |  | 5580848 | 17857 | SH |  | SOLE |  | 17857 | 0 | 0 |
| CINTAS CORP | COM | 172908105 |  | 7430617 | 36201 | SH |  | SOLE |  | 36201 | 0 | 0 |
| CLOUDFLARE INC | CL A COM | 18915M107 |  | 13685906 | 63777 | SH |  | SOLE |  | 63777 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 12914560 | 194731 | SH |  | SOLE |  | 194731 | 0 | 0 |
| COCA-COLA EUROPACIFIC PARTNE | SHS | G25839104 |  | 10422555 | 115281 | SH |  | SOLE |  | 115281 | 0 | 0 |
| CORPAY INC | COM SHS | 219948106 |  | 21604500 | 75000 | SH |  | OTR | 1 | 75000 | 0 | 0 |
| COSTAR GROUP INC | COM | 22160N109 |  | 3170034 | 37573 | SH |  | SOLE |  | 37573 | 0 | 0 |
| CRH PLC | ORD | G25508105 |  | 29077668 | 242516 | SH |  | SOLE |  | 242516 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 14755000 | 260000 | SH |  | OTR | 1 | 260000 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 9907146 | 26472 | SH |  | SOLE |  | 26472 | 0 | 0 |
| ELEVANCE HEALTH INC | COM | 036752103 |  | 43621200 | 135000 | SH |  | OTR | 1 | 135000 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 15260000 | 20000 | SH |  | OTR | 1 | 20000 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 47163319 | 61813 | SH |  | SOLE |  | 61813 | 0 | 0 |
| ENTEGRIS INC | COM | 29362U104 |  | 8475901 | 91671 | SH |  | SOLE |  | 91671 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 21772000 | 400000 | SH |  | OTR | 1 | 400000 | 0 | 0 |
| FERRARI N V | COM | N3167Y103 |  | 4928380 | 10157 | SH |  | OTR | 1 | 10157 | 0 | 0 |
| FIRST CTZNS BANCSHARES INC D | CL A | 31946M103 |  | 9840380 | 5500 | SH |  | OTR | 1 | 5500 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 41257600 | 320000 | SH |  | OTR | 1 | 320000 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 15487000 | 50000 | SH |  | OTR | 1 | 50000 | 0 | 0 |
| GFL ENVIRONMENTAL INC | SUB VTG SHS | 36168Q104 |  | 7891139 | 166550 | SH |  | SOLE |  | 166550 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 23138746 | 29056 | SH |  | SOLE |  | 29056 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 5327500 | 12500 | SH |  | OTR | 1 | 12500 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 31219890 | 77050 | SH |  | SOLE |  | 77050 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 25537693 | 151577 | SH |  | SOLE |  | 151577 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 19383263 | 68696 | SH |  | SOLE |  | 68696 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 10243650 | 15000 | SH |  | OTR | 1 | 15000 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 19652101 | 28777 | SH |  | SOLE |  | 28777 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 5590375 | 12500 | SH |  | OTR | 1 | 12500 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 24130395 | 76500 | SH |  | SOLE |  | 76500 | 0 | 0 |
| KIMCO RLTY CORP | COM | 49446R109 |  | 13525653 | 619023 | SH |  | SOLE |  | 619023 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 15736774 | 14590 | SH |  | SOLE |  | 14590 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 23163897 | 172994 | SH |  | SOLE |  | 172994 | 0 | 0 |
| MAPLEBEAR INC | COM | 565394103 |  | 27570000 | 750000 | SH |  | OTR | 1 | 750000 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 11376200 | 20000 | SH |  | OTR | 1 | 20000 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 6180320 | 8000 | SH |  | OTR | 1 | 8000 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 9476748 | 12267 | SH |  | SOLE |  | 12267 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 33781480 | 46000 | SH |  | OTR | 1 | 46000 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 57125217 | 77787 | SH |  | SOLE |  | 77787 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 11250549 | 67212 | SH |  | SOLE |  | 67212 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 72513000 | 140000 | SH |  | OTR | 1 | 140000 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 56420811 | 108931 | SH |  | SOLE |  | 108931 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 35400511 | 29527 | SH |  | SOLE |  | 29527 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 31951382 | 378975 | SH |  | OTR | 1 | 378975 | 0 | 0 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 10543100 | 190000 | SH |  | OTR | 1 | 190000 | 0 | 0 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 2217491 | 39962 | SH |  | SOLE |  | 39962 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 79294375 | 425000 | SH |  | OTR | 1 | 425000 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 51142073 | 274110 | SH |  | SOLE |  | 274110 | 0 | 0 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 5398567 | 23706 | SH |  | SOLE |  | 23706 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 9203860 | 32726 | SH |  | SOLE |  | 32726 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 10162098 | 72359 | SH |  | SOLE |  | 72359 | 0 | 0 |
| PINTEREST INC | CL A | 72352L106 |  | 8912216 | 277035 | SH |  | OTR | 1 | 277035 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 8434169 | 73648 | SH |  | SOLE |  | 73648 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 11351408 | 68234 | SH |  | SOLE |  | 68234 | 0 | 0 |
| REGENCY CTRS CORP | COM | 758849103 |  | 8416815 | 115457 | SH |  | SOLE |  | 115457 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 6184970 | 11000 | SH |  | OTR | 1 | 11000 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 4373336 | 7778 | SH |  | SOLE |  | 7778 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 8965325 | 39068 | SH |  | SOLE |  | 39068 | 0 | 0 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 10747386 | 33214 | SH |  | SOLE |  | 33214 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 9734200 | 20000 | SH |  | OTR | 1 | 20000 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 4740000 | 20000 | SH |  | OTR | 1 | 20000 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 4648334 | 5051 | SH |  | OTR | 1 | 5051 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 5415848 | 5885 | SH |  | SOLE |  | 5885 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 8098675 | 23389 | SH |  | SOLE |  | 23389 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 18153850 | 65000 | SH |  | OTR | 1 | 65000 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 23366798 | 83665 | SH |  | SOLE |  | 83665 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 9889239 | 22237 | SH |  | SOLE |  | 22237 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 7470763 | 15403 | SH |  | SOLE |  | 15403 | 0 | 0 |
| TKO GROUP HOLDINGS INC | CL A | 87256C101 |  | 11544639 | 57163 | SH |  | SOLE |  | 57163 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 10912486 | 111386 | SH |  | SOLE |  | 111386 | 0 | 0 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 26537500 | 275000 | SH |  | OTR | 1 | 275000 | 0 | 0 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 7732738 | 80132 | SH |  | SOLE |  | 80132 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 20718000 | 60000 | SH |  | OTR | 1 | 60000 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 28482416 | 82486 | SH |  | SOLE |  | 82486 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 10078464 | 25734 | SH |  | SOLE |  | 25734 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 13655200 | 40000 | SH |  | OTR | 1 | 40000 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 13270123 | 38872 | SH |  | SOLE |  | 38872 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 7214200 | 70000 | SH |  | OTR | 1 | 70000 | 0 | 0 |
| WASTE CONNECTIONS INC | COM | 94106B101 |  | 11738869 | 66774 | SH |  | SOLE |  | 66774 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 11041500 | 50000 | SH |  | OTR | 1 | 50000 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 7901960 | 35783 | SH |  | SOLE |  | 35783 | 0 | 0 |
| WESTERN ALLIANCE BANCORP | COM | 957638109 |  | 12140800 | 140000 | SH |  | OTR | 1 | 140000 | 0 | 0 |
| WILLIS TOWERS WATSON PLC LTD | SHS | G96629103 |  | 17775475 | 51456 | SH |  | SOLE |  | 51456 | 0 | 0 |

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