# EDGAR Filing Document

**Accession Number:** 0001491998
**File Stem:** 0001140361-26-016513
**Filing Date:** 2026-4
**Character Count:** 14068
**Document Hash:** a5cc4d86a70c374b159e5681a8622952
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001140361-26-016513.hdr.sgml**: 20260424

**ACCESSION NUMBER**: 0001140361-26-016513

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260424

**DATE AS OF CHANGE**: 20260424

**EFFECTIVENESS DATE**: 20260424

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ninety One SA (PTY) Ltd
- **CENTRAL INDEX KEY:** 0001491998

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** T3
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16966
- **FILM NUMBER:** 26890323

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 36 HANS STRIJDOM AVENUE
- **CITY:** CAPE TOWN
- **PROVINCE COUNTRY:** T3
- **ZIP:** 8001
- **BUSINESS PHONE:** 27 (0) 21 416 2000

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 36 HANS STRIJDOM AVENUE
- **CITY:** CAPE TOWN
- **PROVINCE COUNTRY:** T3
- **ZIP:** 8001

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Investec Asset Management (PTY) Ltd
- **DATE OF NAME CHANGE:** 20100513

### 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:** Ninety One SA (Pty) Ltd<br>**Address:** 36 Hans Strijdom Avenue<br>Cape Town, T3 8001

**Form 13F File Number:** 028-16966

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:** Adam Fletcher<br>**Title:** General Counsel<br>**Phone:** 27 21 901 1895

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

/s/ Adam Fletcher  Cape Town, T3  04-23-2026<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:** 97

**Form 13F Information Table Value Total:** $2326804998

      (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 |
| Abbott Laboratories | Common Stock | 002824100 |  | 437662 | 4335 | SH |  | SOLE |  | 0 | 0 | 4335 |
| AerCap Holdings NV | Common Stock | N00985106 |  | 8135915 | 59863 | SH |  | SOLE |  | 56453 | 0 | 3410 |
| Agnico Eagle Mines Ltd | Common Stock | 008474108 |  | 18720766 | 94525 | SH |  | SOLE |  | 94525 | 0 | 0 |
| Alibaba Group Holding Ltd | ADR | 01609W102 |  | 1117221 | 8905 | SH |  | SOLE |  | 8905 | 0 | 0 |
| Align Technology Inc | Common Stock | 016255101 |  | 228859 | 1335 | SH |  | SOLE |  | 0 | 0 | 1335 |
| Alphabet Inc | Common Stock | 02079K107 |  | 4821288 | 17020 | SH |  | SOLE |  | 17020 | 0 | 0 |
| Alphabet Inc | Common Stock | 02079K305 |  | 66999149 | 236638 | SH |  | SOLE |  | 229719 | 0 | 6919 |
| Amazon.com Inc | Common Stock | 023135106 |  | 22695494 | 109786 | SH |  | SOLE |  | 104815 | 0 | 4971 |
| American Tower Corp | REIT | 03027X100 |  | 298025 | 1741 | SH |  | SOLE |  | 1741 | 0 | 0 |
| Anglogold Ashanti Plc | Common Stock | G0378L100 |  | 1207910000 | 12589137 | SH |  | SOLE |  | 8692414 | 0 | 3896723 |
| Anglogold Ashanti Plc | Common Stock | G0378L100 |  | 264130656 | 2712927 | SH |  | SOLE |  | 2712927 | 0 | 0 |
| Aon PLC | Common Stock | G0403H108 |  | 2114209 | 6550 | SH |  | SOLE |  | 6550 | 0 | 0 |
| Apple Inc | Common Stock | 037833100 |  | 25108637 | 100105 | SH |  | SOLE |  | 95732 | 0 | 4373 |
| AstraZeneca PLC | Common Stock | G0593M107 |  | 782618 | 4040 | SH |  | SOLE |  | 1947 | 0 | 2093 |
| Autodesk Inc | Common Stock | 052769106 |  | 7517095 | 31671 | SH |  | SOLE |  | 29095 | 0 | 2576 |
| Automatic Data Processing Inc | Common Stock | 053015103 |  | 1869866 | 9203 | SH |  | SOLE |  | 8021 | 0 | 1182 |
| Barrick Mining Corp | Common Stock | 06849F108 |  | 498396 | 12640 | SH |  | SOLE |  | 0 | 0 | 12640 |
| Berkshire Hathaway Inc | Common Stock | 084670108 |  | 64838221 | 91 | SH |  | SOLE |  | 91 | 0 | 0 |
| Boeing Co/The | Common Stock | 097023105 |  | 11071809 | 56283 | SH |  | SOLE |  | 54206 | 0 | 2077 |
| Booking Holdings Inc | Common Stock | 09857L108 |  | 11654364 | 2828 | SH |  | SOLE |  | 2678 | 0 | 150 |
| Boston Scientific Corp | Common Stock | 101137107 |  | 5709994 | 91742 | SH |  | SOLE |  | 83436 | 0 | 8306 |
| Broadcom Inc | Common Stock | 11135F101 |  | 15124281 | 49682 | SH |  | SOLE |  | 46179 | 0 | 3503 |
| Charles Schwab Corp/The | Common Stock | 808513105 |  | 3270985 | 35362 | SH |  | SOLE |  | 35362 | 0 | 0 |
| Check Point Software Technologies Ltd | Common Stock | M22465104 |  | 3597161 | 25319 | SH |  | SOLE |  | 23686 | 0 | 1633 |
| Chevron Corp | Common Stock | 166764100 |  | 21444732 | 102180 | SH |  | SOLE |  | 102180 | 0 | 0 |
| Citizens Financial Group Inc | Common Stock | 174610105 |  | 13591197 | 228743 | SH |  | SOLE |  | 222226 | 0 | 6517 |
| CME Group Inc | Common Stock | 12572Q105 |  | 2333264 | 7900 | SH |  | SOLE |  | 7900 | 0 | 0 |
| ConocoPhillips | Common Stock | 20825C104 |  | 16372188 | 122729 | SH |  | SOLE |  | 122729 | 0 | 0 |
| Copart Inc | Common Stock | 217204106 |  | 1369665 | 41255 | SH |  | SOLE |  | 41255 | 0 | 0 |
| CRH PLC | Common Stock | G25508105 |  | 15139009 | 145699 | SH |  | SOLE |  | 141399 | 0 | 4300 |
| Delta Air Lines Inc | Common Stock | 247361702 |  | 7547221 | 115311 | SH |  | SOLE |  | 111905 | 0 | 3406 |
| Diamondback Energy Inc | Common Stock | 25278X109 |  | 671504 | 3311 | SH |  | SOLE |  | 3311 | 0 | 0 |
| Edwards Lifesciences Corp | Common Stock | 28176E108 |  | 20176410 | 255909 | SH |  | SOLE |  | 245834 | 0 | 10075 |
| Electronic Arts Inc | Common Stock | 285512109 |  | 575118 | 2821 | SH |  | SOLE |  | 0 | 0 | 2821 |
| Elevance Health Inc | Common Stock | 036752103 |  | 2826737 | 9711 | SH |  | SOLE |  | 9182 | 0 | 529 |
| Eli Lilly  Co | Common Stock | 532457108 |  | 1475059 | 1620 | SH |  | SOLE |  | 1079 | 0 | 541 |
| Estee Lauder Cos Inc/The | Common Stock | 518439104 |  | 2397693 | 33408 | SH |  | SOLE |  | 33408 | 0 | 0 |
| Exxon Mobil Corp | Common Stock | 30231G102 |  | 2147899 | 12323 | SH |  | SOLE |  | 7993 | 0 | 4330 |
| FactSet Research Systems Inc | Common Stock | 303075105 |  | 178149 | 821 | SH |  | SOLE |  | 0 | 0 | 821 |
| FedEx Corp | Common Stock | 31428X106 |  | 5840717 | 16611 | SH |  | SOLE |  | 16611 | 0 | 0 |
| Ferrari NV | Common Stock | N3167Y103 |  | 11117732 | 33388 | SH |  | SOLE |  | 32244 | 0 | 1144 |
| Fiserv Inc | Common Stock | 337738108 |  | 563468 | 10098 | SH |  | SOLE |  | 10098 | 0 | 0 |
| Freeport-McMoRan Inc | Common Stock | 35671D857 |  | 363521 | 6391 | SH |  | SOLE |  | 0 | 0 | 6391 |
| Gaming and Leisure Properties Inc | REIT | 36467J108 |  | 217536 | 4953 | SH |  | SOLE |  | 0 | 0 | 4953 |
| Generac Holdings Inc | Common Stock | 368736104 |  | 6414929 | 33350 | SH |  | SOLE |  | 33350 | 0 | 0 |
| General Electric Co | Common Stock | 369604301 |  | 3037739 | 10886 | SH |  | SOLE |  | 10886 | 0 | 0 |
| General Motors Co | Common Stock | 37045V100 |  | 483141 | 6572 | SH |  | SOLE |  | 0 | 0 | 6572 |
| Goldman Sachs Group Inc/The | Common Stock | 38141G104 |  | 11195026 | 13487 | SH |  | SOLE |  | 13164 | 0 | 323 |
| Hilton Worldwide Holdings Inc | Common Stock | 43300A203 |  | 2310399 | 7598 | SH |  | SOLE |  | 7598 | 0 | 0 |
| ICICI Bank Ltd | ADR | 45104G104 |  | 345453 | 13630 | SH |  | SOLE |  | 0 | 0 | 13630 |
| Intercontinental Exchange Inc | Common Stock | 45866F104 |  | 2672684 | 16997 | SH |  | SOLE |  | 15106 | 0 | 1891 |
| Intuit Inc | Common Stock | 461202103 |  | 11223169 | 26276 | SH |  | SOLE |  | 25102 | 0 | 1174 |
| iShares Russell 2000 ETF | ETP | 464287655 |  | 3487459 | 14357 | SH |  | SOLE |  | 14357 | 0 | 0 |
| Jacobs Solutions Inc | Common Stock | 46982L108 |  | 13617661 | 107790 | SH |  | SOLE |  | 104057 | 0 | 3733 |
| Johnson  Johnson | Common Stock | 478160104 |  | 37307797 | 152923 | SH |  | SOLE |  | 147481 | 0 | 5442 |
| JPMorgan Chase  Co | Common Stock | 46625H100 |  | 24890209 | 85348 | SH |  | SOLE |  | 82288 | 0 | 3060 |
| KeyCorp | Common Stock | 493267108 |  | 8253088 | 414603 | SH |  | SOLE |  | 402616 | 0 | 11987 |
| KLA Corp | Common Stock | 482480100 |  | 1259206 | 891 | SH |  | SOLE |  | 891 | 0 | 0 |
| Magnum Ice Cream Co NV/The | Common Stock | N5505D105 |  | 51347 | 3511 | SH |  | SOLE |  | 3511 | 0 | 0 |
| Marsh  McLennan Cos Inc | Common Stock | 571748102 |  | 449062 | 2589 | SH |  | SOLE |  | 0 | 0 | 2589 |
| Mastercard Inc | Common Stock | 57636Q104 |  | 12395371 | 25053 | SH |  | SOLE |  | 23698 | 0 | 1355 |
| Merck  Co Inc | Common Stock | 58933Y105 |  | 568503 | 4749 | SH |  | SOLE |  | 4749 | 0 | 0 |
| Meta Platforms Inc | Common Stock | 30303M102 |  | 17489651 | 31683 | SH |  | SOLE |  | 31007 | 0 | 676 |
| Microsoft Corp | Common Stock | 594918104 |  | 40693280 | 111076 | SH |  | SOLE |  | 106801 | 0 | 4275 |
| Monster Beverage Corp | Common Stock | 61174X109 |  | 276073 | 3810 | SH |  | SOLE |  | 0 | 0 | 3810 |
| MONTAUK RENEWABLES INC | Common Stock | 61218C103 |  | 3421 | 3110 | SH |  | SOLE |  | 3110 | 0 | 0 |
| Moody's Corp | Common Stock | 615369105 |  | 8391769 | 19476 | SH |  | SOLE |  | 18942 | 0 | 534 |
| Motorola Solutions Inc | Common Stock | 620076307 |  | 385800 | 889 | SH |  | SOLE |  | 0 | 0 | 889 |
| NetEase Inc | ADR | 64110W102 |  | 7581409 | 68946 | SH |  | SOLE |  | 64644 | 0 | 4302 |
| Newmont Corp | Common Stock | 651639106 |  | 189437 | 1750 | SH |  | SOLE |  | 1750 | 0 | 0 |
| NVIDIA Corp | Common Stock | 67066G104 |  | 53153736 | 308396 | SH |  | SOLE |  | 294670 | 0 | 13726 |
| Philip Morris International Inc | Common Stock | 718172109 |  | 21472120 | 130423 | SH |  | SOLE |  | 125898 | 0 | 4525 |
| Planet Fitness Inc | Common Stock | 72703H101 |  | 11365046 | 153198 | SH |  | SOLE |  | 149707 | 0 | 3491 |
| Prologis Inc | REIT | 74340W103 |  | 7266054 | 55334 | SH |  | SOLE |  | 55334 | 0 | 0 |
| QUALCOMM Inc | Common Stock | 747525103 |  | 272140 | 2153 | SH |  | SOLE |  | 0 | 0 | 2153 |
| S Global Inc | Common Stock | 78409V104 |  | 6986872 | 16546 | SH |  | SOLE |  | 15970 | 0 | 576 |
| Taiwan Semiconductor Manufacturing Co Ltd | ADR | 874039100 |  | 13537015 | 41678 | SH |  | SOLE |  | 37152 | 0 | 4526 |
| Take-Two Interactive Software Inc | Common Stock | 874054109 |  | 6421576 | 32622 | SH |  | SOLE |  | 31573 | 0 | 1049 |
| TD SYNNEX Corp | Common Stock | 87162W100 |  | 8894438 | 54248 | SH |  | SOLE |  | 51961 | 0 | 2287 |
| Tesla Inc | Common Stock | 88160R101 |  | 6354179 | 17266 | SH |  | SOLE |  | 17266 | 0 | 0 |
| Thermo Fisher Scientific Inc | Common Stock | 883556102 |  | 15954040 | 32734 | SH |  | SOLE |  | 31984 | 0 | 750 |
| TKO Group Holdings Inc | Common Stock | 87256C101 |  | 12877728 | 64483 | SH |  | SOLE |  | 59747 | 0 | 4736 |
| Tradeweb Markets Inc | Common Stock | 892672106 |  | 6605684 | 56094 | SH |  | SOLE |  | 54357 | 0 | 1737 |
| Trane Technologies PLC | Common Stock | G8994E103 |  | 353106 | 863 | SH |  | SOLE |  | 0 | 0 | 863 |
| TransUnion | Common Stock | 89400J107 |  | 353574 | 5278 | SH |  | SOLE |  | 0 | 0 | 5278 |
| UBS Group AG | Common Stock | H42097107 |  | 431073 | 11272 | SH |  | SOLE |  | 0 | 0 | 11272 |
| UnitedHealth Group Inc | Common Stock | 91324P102 |  | 2994271 | 11142 | SH |  | SOLE |  | 11142 | 0 | 0 |
| Valero Energy Corp | Common Stock | 91913Y100 |  | 19434556 | 76514 | SH |  | SOLE |  | 76514 | 0 | 0 |
| VeriSign Inc | Common Stock | 92343E102 |  | 3420068 | 13786 | SH |  | SOLE |  | 12146 | 0 | 1640 |
| Verisk Analytics Inc | Common Stock | 92345Y106 |  | 5729247 | 30333 | SH |  | SOLE |  | 30333 | 0 | 0 |
| Visa Inc | Common Stock | 92826C839 |  | 23249461 | 77655 | SH |  | SOLE |  | 74159 | 0 | 3496 |
| Walmart Inc | Common Stock | 931142103 |  | 795543 | 6461 | SH |  | SOLE |  | 6461 | 0 | 0 |
| Yum China Holdings Inc | Common Stock | 98850P109 |  | 1373937 | 28166 | SH |  | SOLE |  | 28166 | 0 | 0 |
| Yum! Brands Inc | Common Stock | 988498101 |  | 1880841 | 12097 | SH |  | SOLE |  | 12097 | 0 | 0 |
| Zillow Group Inc | Common Stock | 98954M101 |  | 231673 | 5763 | SH |  | SOLE |  | 0 | 0 | 5763 |
| Zillow Group Inc | Common Stock | 98954M200 |  | 3962629 | 96864 | SH |  | SOLE |  | 96864 | 0 | 0 |
| Zoetis Inc | Common Stock | 98978V103 |  | 1459818 | 12374 | SH |  | SOLE |  | 11144 | 0 | 1230 |

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