Q2 2026 13F · SEC CIK 1943822

Firetrail Investments Pty Ltd

Asset managerFiled 2026-08-07 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $354.7M
Reported positions: 32
Top holdings a year, 3 yrs: +19.3%
Average holding period: 1.7 yrs

Firetrail Investments Pty Ltd is an asset manager that reported 32 positions worth $354.7M in its Q2 2026 13F, filed 2026-08-07. Its largest holdings were Apple Inc (AAPL, 8.2%), Advanced Micro Devices Inc (AMD, 7.7%), Taiwan Semiconductor Manufac (TSM, 7.1%). A portfolio copying its top holdings returned 19.3% a year over the last 3 years, against 18.8% for the S&P 500.

Firetrail Investments Pty Ltd holdings all 32 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Firetrail Investments Pty Ltd 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
AAPLApple Inc	8.2%	8.9%	101,080	-2.1%	$29.1M
AMDAdvanced Micro Devices Inc	7.7%	5.3%	47,326	-37.8%	$27.3M
TSMTaiwan Semiconductor Manufac	7.1%	8.6%	53,127	-28.5%	$25.2M
AMZNAmazon Com Inc	6.7%	7.3%	99,939	-2.4%	$23.7M
LARLithium Argentina AG	4.9%	New	2,134,056	—	$17.5M
NVDANvidia Corporation	4.6%	5.0%	82,366	-2.5%	$16.4M
DEDeere & Co	4.1%	4.6%	23,102	-2.5%	$14.6M
MAMastercard Incorporated	3.5%	4.3%	24,502	-2.4%	$12.5M
ELVElevance Health Inc Formerly	3.4%	3.2%	31,530	-2.5%	$12.1M
ICLRIcon Plc	3.4%	2.2%	69,624	+20.8%	$12.0M
MCKMckesson Corp	3.4%	4.8%	15,910	-2.5%	$11.9M
CDNSCadence Design System Inc	3.1%	1.8%	29,116	+55.8%	$10.9M
ECLEcolab Inc	3.0%	3.5%	37,942	-2.3%	$10.5M
TTTrane Technologies PLC	2.8%	2.9%	20,088	-2.4%	$9.8M
APTVAptiv PLC	2.7%	3.3%	158,155	+14.5%	$9.6M
WYWeyerhaeuser Company Com New REIT	2.7%	3.4%	400,230	-2.4%	$9.5M
KEYSKeysight Technologies Inc	2.6%	3.7%	26,873	-30.6%	$9.4M
AZOAutozone Inc	2.6%	3.4%	2,920	-1.7%	$9.3M
MTNVail Resorts Inc	2.5%	3.0%	66,330	-2.4%	$9.0M
DARDarling Ingredients Inc	2.5%	3.6%	164,493	-2.4%	$8.9M
IBKRInteractive Brokers Group in	2.5%	2.4%	100,659	-2.5%	$8.7M
TENBTenable Holdings, Inc.	2.4%	1.4%	228,861	-2.5%	$8.4M
MSFTMicrosoft Corp	2.0%	New	19,160	—	$7.1M
GXOGxo Logistics Incorporated	1.8%	3.1%	124,971	-28.2%	$6.3M
JPMJpmorgan Chase & Co	1.6%	1.8%	17,672	-2.8%	$5.7M
NOWServicenow Inc	1.6%	2.1%	57,097	-2.4%	$5.6M
ALCAlcon Inc	1.6%	2.1%	82,629	-2.5%	$5.6M
MCOMoodys Corp	1.5%	1.8%	11,464	-2.6%	$5.2M
MDBMongodb Inc	1.3%	New	13,420	—	$4.5M
WFCWells Fargo & Co	1.0%	1.2%	43,465	-2.5%	$3.6M
ISOUIsoEnergy Ltd (Pre-Reincorporation)	0.8%	New	293,110	—	$2.9M
IBMInternational Business Machs	0.5%	New	6,820	—	$1.9M

What Firetrail Investments Pty Ltd bought and sold in Q2 2026, against Q1 2026.

Share counts compared with the Q1 2026 13F; a split also changes share counts.

How the holdings did against the S&P 500.

1 year: +24.0% /yr; S&P 500 +20.1%
3 years: +19.3% /yr; S&P 500 +18.8%
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$354.7M	32
Q1 2026	$293.1M	28
Q4 2025	$305.1M	29
Q3 2025	$399.3M	28
Q2 2025	$383.1M	26
Q1 2025	$343.4M	25
Q4 2024	$333.9M	23
Q3 2024	$347.2M	27
Q2 2024	$329.7M	27
Q1 2024	$121.6M	19
Q4 2023	$135.7M	22

Questions about Firetrail Investments Pty Ltd's portfolio

What stocks does Firetrail Investments Pty Ltd own?

Firetrail Investments Pty Ltd's latest 13F, for Q2 2026 and filed Aug 7, 2026, lists 32 positions worth $354.7M. The largest are Apple Inc (AAPL) at 8.2%, Advanced Micro Devices Inc (AMD) at 7.7%, Taiwan Semiconductor Manufac (TSM) at 7.1%, Amazon Com Inc (AMZN) at 6.7% and Lithium Argentina AG (LAR) at 4.9%.

What did Firetrail Investments Pty Ltd buy last quarter?

In Q2 2026, Firetrail Investments Pty Ltd added a new position in Lithium Argentina AG (LAR), a new position in Microsoft Corp (MSFT), a new position in Mongodb Inc (MDB), a new position in IsoEnergy Ltd (Pre-Reincorporation) (ISOU), a new position in International Business Machs (IBM), Cadence Design System Inc (CDNS) (+55.8% shares), Icon Plc (ICLR) (+20.8% shares) and Aptiv PLC (APTV) (+14.5% shares), compared with its Q1 2026 filing.

What did Firetrail Investments Pty Ltd sell last quarter?

In Q2 2026, Firetrail Investments Pty Ltd sold all of Fair Isaac Corp (FICO), Advanced Micro Devices Inc (AMD) (-37.8% shares), Keysight Technologies Inc (KEYS) (-30.6% shares) and Taiwan Semiconductor Manufac (TSM) (-28.5% shares), compared with its Q1 2026 filing.

How has Firetrail Investments Pty Ltd's portfolio performed?

A portfolio copying Firetrail Investments Pty Ltd's 20 largest 13F holdings each quarter, from the day each filing was public, returned +19.3% a year over the last 3 years, against +18.8% for the S&P 500. Over 1 year: +24.0% against +20.1%.

When is Firetrail Investments Pty Ltd's next 13F filing due?

13F filings are due 45 days after each quarter ends. Firetrail Investments Pty Ltd's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.