Generate Investment Management Ltd

AUCKLAND, Q2 · CIK 2025905 · 13F filing filed 2026-07-27

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Others nearbyAuckland

$2.4bn reported value +19.7% vs Q1 2026

90positions

49.5%in top 10

35 new 28 added 27 reduced 15 sold out vs Q1 2026

This report includes the holdings of 1 other manager that shares the investment decisions:

Compound Global Advisors, LLC – files its own report too; $4.0m of shares are in both

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	NVIDIA CORPORATION COM NVDA	NVDA	949,680	$190.0m7.82%	7.82%	Reduced -436.2k	-436,209 -31.5%
2	AMAZON COM INC COM AMZN	AMZN	707,199	$168.6m6.93%	6.93%	Reduced -103.2k	-103,158 -12.7%
3	MICROSOFT CORP COM MSFT	MSFT	422,913	$157.8m6.49%	6.49%	Reduced -78.3k	-78,350 -15.6%
4	ALPHABET INC CAP STK CL A GOOGL	GOOGL	419,306	$149.8m6.17%	6.17%	Reduced -5.3k	-5,306 -1.2%
5	APPLE INC COM AAPL	AAPL	420,426	$121.7m5.01%	5.01%	Added +11.4k	+11,383 2.8%
6	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	214,587	$102.5m4.22%	4.22%	Reduced -34.6k	-34,635 -13.9%
7	META PLATFORMS INC CL A META	META	168,824	$95.1m3.91%	3.91%	Reduced -50.9k	-50,919 -23.2%
8	BROADCOM INC COM AVGO	AVGO	201,192	$76.0m3.13%	3.13%	Reduced -47.8k	-47,758 -19.2%
9	MICRON TECHNOLOGY INC COM MU	MU	64,616	$74.6m3.07%	3.07%	Reduced -137.6k	-137,571 -68.0%
10	VISA INC COM CL A V	V	195,561	$67.1m2.76%	2.76%	Added +110.6k	+110,624 130.2%
11	ELI LILLY & CO COM LLY	LLY	52,656	$63.2m2.60%	2.60%	Added +25.5k	+25,459 93.6%
12	VERTIV HOLDINGS CO COM CL A VRT	VRT	135,301	$45.3m1.86%	1.86%	Added +106.8k	+106,760 374.1%
13	TRANSDIGM GROUP INC COM TDG	TDG	30,000	$40.0m1.64%	1.64%	New
14	LAM RESEARCH CORP COM NEW LRCX	LRCX	91,916	$39.8m1.64%	1.64%	Reduced -59.4k	-59,418 -39.3%
15	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	71,938	$36.0m1.48%	1.48%	Added +6.9k	+6,893 10.6%
16	ADVANCED MICRO DEVICES INC COM AMD	AMD	51,671	$30.0m1.23%	1.23%	Reduced -85.5k	-85,512 -62.3%
17	GE VERNOVA INC COM GEV	GEV	25,513	$30.0m1.23%	1.23%	Reduced -32.5k	-32,535 -56.0%
18	MASTERCARD INCORPORATED CL A MA	MA	56,338	$28.9m1.19%	1.19%	Reduced -731	-731 -1.3%
19	JOHNSON & JOHNSON COM JNJ	JNJ	110,965	$28.2m1.16%	1.16%	New
20	BANK AMERICA CORP COM BAC	BAC	486,879	$27.7m1.14%	1.14%	Added +291.0k	+291,005 148.6%
21	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	13,278	$26.4m1.09%	1.09%	Added +2.8k	+2,789 26.6%
22	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	49,548	$24.8m1.02%	1.02%	Added +36.3k	+36,292 273.8%
23	ALAMOS GOLD INC NEW COM CL A AGI	AGI	800,000	$24.3m1.00%	1.00%	Added +50.0k	+50,000 6.7%
24	UNITEDHEALTH GROUP INC COM UNH	UNH	53,148	$22.1m0.91%	0.91%	Added +15.5k	+15,521 41.2%
25	MSCI INC COM MSCI	MSCI	38,514	$21.6m0.89%	0.89%	New
26	ORACLE CORP COM ORCL	ORCL	146,295	$21.4m0.88%	0.88%	Reduced -130.2k	-130,249 -47.1%
27	WALMART INC COM WMT	WMT	187,126	$21.2m0.87%	0.87%	New
28	JPMORGAN CHASE & CO COM JPM	JPM	64,643	$21.2m0.87%	0.87%	Added +36.1k	+36,136 126.8%
29	MCKESSON CORP COM MCK	MCK	27,992	$21.2m0.87%	0.87%	Added +27.4k	+27,424 4828.2%
30	AMPHENOL CORP CL A APH	APH	118,247	$20.8m0.86%	0.86%	Reduced -135.8k	-135,795 -53.5%
31	DOORDASH INC CL A DASH	DASH	110,557	$20.4m0.84%	0.84%	Added +72.9k	+72,869 193.3%
32	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	71,994	$20.2m0.83%	0.83%	Reduced -2.7k	-2,663 -3.6%
33	PALO ALTO NETWORKS INC COM PANW	PANW	58,795	$20.1m0.82%	0.82%	New
34	EATON CORP PLC SHS ETN	ETN	43,987	$18.7m0.77%	0.77%	Added +3.6k	+3,609 8.9%
35	HOME DEPOT INC COM HD	HD	50,173	$17.7m0.73%	0.73%	Added +34.8k	+34,826 226.9%
36	VULCAN MATLS CO COM VMC	VMC	58,815	$17.4m0.71%	0.71%	New
37	WASTE MGMT INC DEL COM WM	WM	77,104	$17.2m0.71%	0.71%	New
38	NOVO-NORDISK A S ADR NVO	NVO	350,000	$16.8m0.69%	0.69%	New
39	MOODYS CORP COM MCO	MCO	36,523	$16.5m0.68%	0.68%	Added +2.6k	+2,638 7.8%
40	WESCO INTL INC COM WCC	WCC	47,363	$16.4m0.67%	0.67%	New
41	COSTCO WHSL CORP NEW COM COST	COST	16,153	$15.1m0.62%	0.62%	Added +15.5k	+15,543 2548.0%
42	TEXAS INSTRS INC COM TXN	TXN	48,920	$14.6m0.60%	0.60%	Added +46.9k	+46,939 2369.5%
43	REGENERON PHARMACEUTICALS COM REGN	REGN	23,000	$14.3m0.59%	0.59%	Added +18.1k	+18,092 368.6%
44	ABBVIE INC COM ABBV	ABBV	55,571	$14.0m0.58%	0.58%	Added +23.4k	+23,387 72.7%
45	ARES MANAGEMENT CORPORATION CL A COM STK ARES	ARES	125,000	$13.9m0.57%	0.57%	New
46	LUMENTUM HLDGS INC COM LITE	LITE	16,000	$13.7m0.56%	0.56%	New
47	REPUBLIC SVCS INC COM RSG	RSG	64,317	$13.7m0.56%	0.56%	New
48	CORPAY INC COM SHS CPAY	CPAY	40,000	$13.3m0.55%	0.55%	Reduced -40.0k	-40,000 -50.0%
49	PROLOGIS INC. COM PLD	PLD	97,207	$13.2m0.54%	0.54%	Reduced -6.9k	-6,941 -6.7%
50	ALASKA AIR GROUP INC COM ALK	ALK	250,000	$13.1m0.54%	0.54%	Added +50.0k	+50,000 25.0%
51	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	32,154	$12.8m0.53%	0.53%	Added +31.2k	+31,165 3151.2%
52	HYATT HOTELS CORP COM CL A H	H	64,815	$12.6m0.52%	0.52%	New
53	S&P GLOBAL INC COM SPGI	SPGI	30,000	$12.2m0.50%	0.50%	Added +5.0k	+5,000 20.0%
54	CHENIERE ENERGY INC COM NEW LNG	LNG	50,000	$12.0m0.49%	0.49%	Added +10.0k	+10,000 25.0%
55	APPLIED MATLS INC COM AMAT	AMAT	16,275	$11.8m0.48%	0.48%	Reduced -20.6k	-20,607 -55.9%
56	ARM HOLDINGS PLC SPONSORED ADS ARM	ARM	31,878	$11.3m0.47%	0.47%	New
57	ASTRAZENECA PLC ORD AZN	AZN	58,838	$11.2m0.46%	0.46%	New
58	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	14,333	$10.9m0.45%	0.45%	New
59	WASTE CONNECTIONS INC COM WCN	WCN	65,389	$10.9m0.45%	0.45%	New
60	AGILENT TECHNOLOGIES INC COM A	A	81,046	$10.8m0.44%	0.44%	New
61	ROYAL CARIBBEAN GROUP COM RCL	RCL	32,833	$10.4m0.43%	0.43%	Added +31.9k	+31,877 3334.4%
62	NETFLIX INC COM NFLX	NFLX	144,521	$10.3m0.42%	0.42%	Reduced -323.2k	-323,190 -69.1%
63	NEXTRACKER INC CLASS A COM NXT	NXT	85,678	$10.2m0.42%	0.42%	New
64	ELEVANCE HEALTH INC COM ELV	ELV	25,518	$9.9m0.41%	0.41%	New
65	WESTERN ALLIANCE BANCORP COM WAL	WAL	120,000	$9.9m0.41%	0.41%	New
66	FERRARI N V COM RACE	RACE	25,489	$9.5m0.39%	0.39%	New
67	NEWMONT CORP COM NEM	NEM	100,000	$9.3m0.38%	0.38%	Reduced -100.0k	-100,000 -50.0%
68	TESLA INC COM TSLA	TSLA	20,855	$8.8m0.36%	0.36%	Added +8.7k	+8,749 72.3%
69	KIMCO RLTY CORP COM KIM	KIM	342,131	$8.7m0.36%	0.36%	New
70	UNITED RENTALS INC COM URI	URI	7,599	$8.6m0.35%	0.35%	New
71	CHIPOTLE MEXICAN GRILL INC COM CMG	CMG	216,253	$7.4m0.30%	0.30%	New
72	APPLOVIN CORP COM CL A APP	APP	14,025	$7.2m0.30%	0.30%	New
73	CENCORA INC COM COR	COR	24,114	$6.8m0.28%	0.28%	New
74	UNITED AIRLS HLDGS INC COM UAL	UAL	50,000	$6.8m0.28%	0.28%	New
75	SERVICENOW INC COM NOW	NOW	68,393	$6.8m0.28%	0.28%	Reduced -114.8k	-114,791 -62.7%
76	WHEATON PRECIOUS METALS CORP COM WPM	WPM	60,000	$6.7m0.28%	0.28%	New
77	TJX COS INC NEW COM TJX	TJX	42,203	$6.4m0.26%	0.26%	New
78	CONSTELLATION ENERGY CORP COM CEG	CEG	25,000	$6.2m0.26%	0.26%	New
79	AGNICO EAGLE MINES LTD COM AEM	AEM	40,000	$6.2m0.26%	0.26%	Reduced -55.0k	-55,000 -57.9%
80	WILLIS TOWERS WATSON PLC LTD SHS WTW	WTW	22,691	$5.9m0.24%	0.24%	New
81	STRYKER CORPORATION COM SYK	SYK	18,605	$5.9m0.24%	0.24%	Added +4.7k	+4,688 33.7%
82	MARVELL TECHNOLOGY INC COM MRVL	MRVL	19,244	$5.7m0.24%	0.24%	Reduced -44.5k	-44,490 -69.8%
83	DANAHER CORPORATION COM DHR	DHR	29,649	$5.6m0.23%	0.23%	Reduced -39.4k	-39,408 -57.1%
84	MONOLITHIC PWR SYS INC COM MPWR	MPWR	3,922	$5.4m0.22%	0.22%	Reduced -6.7k	-6,718 -63.1%
85	INTEL CORP COM INTC	INTC	36,478	$5.1m0.21%	0.21%	New
86	SPOTIFY TECHNOLOGY S A SHS SPOT	SPOT	9,046	$4.2m0.17%	0.17%	Reduced -7.5k	-7,462 -45.2%
87	SPACE EXPLORATION TECHN CORP CLASS A COM STK SPCX	SPCX	9,107	$1.6m0.06%	0.06%	New
88	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	1,573	$781.4k0.03%	0.03%	Added +945	+945 150.5%
89	TKO GROUP HOLDINGS INC CL A TKO	TKO	1,487	$299.3k0.01%	0.01%	Reduced -29.7k	-29,682 -95.2%
90	TERADYNE INC COM TER	TER	500	$241.9k0.01%	0.01%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
BP PLC BP	BP	563,151	$26.5m563.2k shares
UBER TECHNOLOGIES INC UBER	UBER	271,429	$19.5m271.4k shares
GALLAGHER ARTHUR J & CO AJG	AJG	90,000	$19.5m90.0k shares
SALESFORCE INC CRM	CRM	90,608	$16.9m90.6k shares
BOSTON SCIENTIFIC CORP BSX	BSX	254,250	$16.0m254.2k shares
INTUIT INTU	INTU	27,804	$12.0m27.8k shares
KLA CORP KLAC	KLAC	79,280	$11.7m79.3k shares
EQT CORP EQT	EQT	130,000	$8.3m130.0k shares
ARISTA NETWORKS INC ANET	ANET	67,371	$8.3m67.4k shares
MAPLEBEAR INC CART	CART	150,000	$5.6m150.0k shares
NXP SEMICONDUCTORS N V NXPI	NXPI	28,293	$5.6m28.3k shares
REPLIGEN CORP RGEN	RGEN	41,521	$4.9m41.5k shares
CRH PLC CRH	CRH	43,528	$4.6m43.5k shares
ROSS STORES INC ROST	ROST	2,236	$484.4k2.2k shares
HCA HEALTHCARE INC HCA	HCA	426	$201.6k426 shares