UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
Report for the Calendar Year or Quarter Ended:
06-30-2025
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:
NS Partners Ltd
Address:
SOUTHWEST HOUSE
11A REGENT STREET ST. JAMES'S
LONDON, X0 SW1Y 4LR
Form 13F File Number:
028-17035

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:
Smriti Duggal
Title:
Chief Compliance Officer
Phone:
011 44 203 535 8100


Signature, Place, and Date of Signing:

Smriti Duggal
                         [Signature]
London, UNITED KINGDOM
                 [City, State]
08-07-2025
                           [Date]
                          

Report Type (Check only one.):

☒ 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) 

☐ 13F NOTICE. (Check here if no holdings reported are 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:
128
Form 13F Information table Value Total:
2449387137
          (thousands)

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


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
ADOBE INCCOM00724F10125,957,71467,095SHSOLE167,095 0 0
ADOBE INCCOM00724F10147,199122SHSOLE122 0 0
ALLEGION PLCORD SHSG0176J10910,840,85175,221SHSOLE175,221 0 0
ALLEGION PLCORD SHSG0176J10921,618150SHSOLE150 0 0
ALPHABET INCCAP STK CL C02079K107118,685,440669,065SHSOLE1669,065 0 0
ALPHABET INCCAP STK CL C02079K107222,9791,257SHSOLE1,257 0 0
AMAZON COM INCCOM02313510699,128,300451,836SHSOLE1451,836 0 0
AMAZON COM INCCOM023135106218,951998SHSOLE998 0 0
ANSYS INCCOM03662Q1059,896,32628,177SHSOLE128,177 0 0
ANSYS INCCOM03662Q10540,039114SHSOLE114 0 0
APPLE INCCOM037833100114,208,291556,652SHSOLE1556,652 0 0
APPLE INCCOM037833100194,091946SHSOLE946 0 0
AUTODESK INCCOM05276910620,687,63466,827SHSOLE166,827 0 0
AUTODESK INCCOM05276910646,126149SHSOLE149 0 0
AUTOMATIC DATA PROCESSING INCOM05301510326,991,78587,522SHSOLE187,522 0 0
AUTOMATIC DATA PROCESSING INCOM05301510342,868139SHSOLE139 0 0
BANK AMERICA CORPCOM06050510422,037,303465,708SHSOLE1465,708 0 0
BANK AMERICA CORPCOM06050510438,802820SHSOLE820 0 0
BECTON DICKINSON & COCOM07588710910,496,57160,938SHSOLE160,938 0 0
BECTON DICKINSON & COCOM07588710918,775109SHSOLE109 0 0
BOOKING HOLDINGS INCCOM09857L10830,729,2865,308SHSOLE15,308 0 0
BOOKING HOLDINGS INCCOM09857L10857,89210SHSOLE10 0 0
BOSTON SCIENTIFIC CORPCOM10113710738,433,983357,825SHSOLE1357,825 0 0
BOSTON SCIENTIFIC CORPCOM10113710788,721826SHSOLE826 0 0
COCA COLA COCOM19121610031,647,466447,314SHSOLE1447,314 0 0
COCA COLA COCOM19121610052,992749SHSOLE749 0 0
CONSTELLATION BRANDS INCCL A21036P1084,581,72028,164SHSOLE128,164 0 0
COSTAR GROUP INCCOM22160N10917,203,831213,978SHSOLE1213,978 0 0
COSTAR GROUP INCCOM22160N10942,130524SHSOLE524 0 0
CREDICORP LTDCOMG2519Y10813,549,11260,617SHSOLE160,617 0 0
CROWN CASTLE INCCOM22822V10115,501,032150,891SHSOLE1150,891 0 0
CROWN CASTLE INCCOM22822V10123,114225SHSOLE225 0 0
EDWARDS LIFESCIENCES CORPCOM28176E10815,712,545200,902SHSOLE1200,902 0 0
EDWARDS LIFESCIENCES CORPCOM28176E10831,206399SHSOLE399 0 0
EQUIFAX INCCOM29442910524,529,39994,573SHSOLE194,573 0 0
EQUIFAX INCCOM29442910551,615199SHSOLE199 0 0
EQUINIX INCCOM29444U70024,406,61130,682SHSOLE130,682 0 0
EQUINIX INCCOM29444U70036,59246SHSOLE46 0 0
FUTU HLDGS LTDSPON ADS CL A36118L1068,589,50569,500SHSOLE169,500 0 0
GRAB HOLDINGS LIMITEDCLASS A ORDG4124C10915,178,5783,017,610SHSOLE13,017,610 0 0
GRUPO FINANCIERO GALICIA S.ASPONSORED ADR3999091009,720,231192,900SHSOLE1192,900 0 0
HDFC BANK LTDSPONSORED ADS40415F10126,971,663351,789SHSOLE1351,789 0 0
HOME DEPOT INCCOM4370761021,046,3912,854SHSOLE12,854 0 0
HONEYWELL INTL INCCOM43851610620,771,96489,196SHSOLE189,196 0 0
HONEYWELL INTL INCCOM43851610633,768145SHSOLE145 0 0
ICICI BANK LIMITEDADR45104G10411,292,511335,687SHSOLE1335,687 0 0
IDEXX LABS INCCOM45168D10420,331,04037,907SHSOLE137,907 0 0
IDEXX LABS INCCOM45168D10446,66287SHSOLE87 0 0
ILLUMINA INCCOM4523271095,033,45052,756SHSOLE152,756 0 0
ILLUMINA INCCOM4523271096,67970SHSOLE70 0 0
INTUITCOM46120210376,923,88497,665SHSOLE197,665 0 0
INTUITCOM461202103128,384163SHSOLE163 0 0
INTUITIVE SURGICAL INCCOM NEW46120E60239,145,08372,036SHSOLE172,036 0 0
INTUITIVE SURGICAL INCCOM NEW46120E60287,489161SHSOLE161 0 0
ISHARES TRMSCI SAUDI ARBIA46434V423377,6929,800SHSOLE19,800 0 0
JPMORGAN CHASE & CO.COM46625H10047,076,456162,383SHSOLE1162,383 0 0
JPMORGAN CHASE & CO.COM46625H10081,175280SHSOLE280 0 0
KENVUE INCCOM49177J10210,235,858489,052SHSOLE1489,052 0 0
KENVUE INCCOM49177J10222,1441,058SHSOLE1,058 0 0
LAUDER ESTEE COS INCCL A5184391049,458,448117,060SHSOLE1117,060 0 0
LAUDER ESTEE COS INCCL A51843910416,241201SHSOLE201 0 0
LOCKHEED MARTIN CORPCOM53983010914,961,27532,304SHSOLE132,304 0 0
LOCKHEED MARTIN CORPCOM53983010923,62051SHSOLE51 0 0
MARRIOTT INTL INC NEWCL A57190320240,032,915146,528SHSOLE1146,528 0 0
MARRIOTT INTL INC NEWCL A57190320265,297239SHSOLE239 0 0
MASIMO CORPCOM5747951007,139,76142,443SHSOLE142,443 0 0
MASIMO CORPCOM57479510020,691123SHSOLE123 0 0
MASTERCARD INCORPORATEDCL A57636Q10457,459,489102,252SHSOLE1102,252 0 0
MASTERCARD INCORPORATEDCL A57636Q10499,463177SHSOLE177 0 0
MCCORMICK & CO INCCOM NON VTG57978020618,937,106249,764SHSOLE1249,764 0 0
MCCORMICK & CO INCCOM NON VTG57978020630,328400SHSOLE400 0 0
MCDONALDS CORPCOM58013510136,116,887123,616SHSOLE1123,616 0 0
MCDONALDS CORPCOM58013510163,109216SHSOLE216 0 0
META PLATFORMS INCCL A30303M102122,901,580166,513SHSOLE1166,513 0 0
META PLATFORMS INCCL A30303M102287,855390SHSOLE390 0 0
MICROSOFT CORPCOM594918104254,606,272511,864SHSOLE1511,864 0 0
MICROSOFT CORPCOM594918104480,995967SHSOLE967 0 0
MONSTER BEVERAGE CORP NEWCOM61174X10921,512,956343,438SHSOLE1343,438 0 0
MONSTER BEVERAGE CORP NEWCOM61174X10946,542743SHSOLE743 0 0
MOODYS CORPCOM61536910536,970,69473,707SHSOLE173,707 0 0
MOODYS CORPCOM61536910561,194122SHSOLE122 0 0
MSCI INCCOM55354G10043,325,86275,122SHSOLE175,122 0 0
MSCI INCCOM55354G10076,706133SHSOLE133 0 0
NEXTERA ENERGY INCCOM65339F10132,668,150470,587SHSOLE1470,587 0 0
NEXTERA ENERGY INCCOM65339F10147,761688SHSOLE688 0 0
NIKE INCCL B65410610316,587,485233,495SHSOLE1233,495 0 0
NIKE INCCL B65410610334,241482SHSOLE482 0 0
NORTHROP GRUMMAN CORPCOM66680710216,225,35132,452SHSOLE132,452 0 0
NORTHROP GRUMMAN CORPCOM66680710233,49967SHSOLE67 0 0
NVIDIA CORPORATIONCOM67066G104236,315,2801,495,761SHSOLE11,495,761 0 0
NVIDIA CORPORATIONCOM67066G104499,7223,163SHSOLE3,163 0 0
PAYPAL HLDGS INCCOM70450Y10314,301,323192,429SHSOLE1192,429 0 0
PAYPAL HLDGS INCCOM70450Y10323,114311SHSOLE311 0 0
PEPSICO INCCOM7134481082,467,56418,688SHSOLE118,688 0 0
PHILIP MORRIS INTL INCCOM71817210915,834,20086,939SHSOLE186,939 0 0
QIFU TECHNOLOGY INCAMERICAN DEP88557W10119,106,454440,647SHSOLE1440,647 0 0
RYANAIR HOLDINGS PLCSPONSORED ADR783513203863,60814,975SHSOLE114,975 0 0
S&P GLOBAL INCCOM78409V10442,908,22481,375SHSOLE181,375 0 0
S&P GLOBAL INCCOM78409V10468,020129SHSOLE129 0 0
SALESFORCE INCCOM79466L30229,163,377106,947SHSOLE1106,947 0 0
SALESFORCE INCCOM79466L30270,627259SHSOLE259 0 0
SERVICENOW INCCOM81762P10224,820,93524,143SHSOLE124,143 0 0
SERVICENOW INCCOM81762P10257,57256SHSOLE56 0 0
SOCIEDAD QUIMICA Y MINERA DESPON ADR SER B833635105215,1476,100SHSOLE16,100 0 0
STARBUCKS CORPCOM85524410916,068,970175,368SHSOLE1175,368 0 0
STARBUCKS CORPCOM85524410930,604334SHSOLE334 0 0
STRYKER CORPORATIONCOM86366710143,201,609109,197SHSOLE1109,197 0 0
STRYKER CORPORATIONCOM86366710172,400183SHSOLE183 0 0
T-MOBILE US INCCOM87259010446,311,788194,375SHSOLE1194,375 0 0
T-MOBILE US INCCOM87259010479,817335SHSOLE335 0 0
TAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS8740391003,537,32115,618SHSOLE115,618 0 0
TRANSUNIONCOM89400J10715,006,552170,529SHSOLE1170,529 0 0
TRANSUNIONCOM89400J10732,648371SHSOLE371 0 0
UNITEDHEALTH GROUP INCCOM91324P10239,079,234125,266SHSOLE1125,266 0 0
UNITEDHEALTH GROUP INCCOM91324P10266,762214SHSOLE214 0 0
VALE S ASPONSORED ADS91912E1051,016,637104,700SHSOLE1104,700 0 0
VEEVA SYS INCCL A COM92247510819,703,59268,420SHSOLE168,420 0 0
VEEVA SYS INCCL A COM92247510844,925156SHSOLE156 0 0
VERISIGN INCCOM92343E10229,590,159102,459SHSOLE1102,459 0 0
VERISIGN INCCOM92343E10251,406178SHSOLE178 0 0
VERISK ANALYTICS INCCOM92345Y10637,824,511121,427SHSOLE1121,427 0 0
VERISK ANALYTICS INCCOM92345Y10664,792208SHSOLE208 0 0
VISA INCCOM CL A92826C83958,289,979164,174SHSOLE1164,174 0 0
VISA INCCOM CL A92826C83998,349277SHSOLE277 0 0
YUM BRANDS INCCOM98849810125,526,969172,270SHSOLE1172,270 0 0
YUM BRANDS INCCOM98849810138,082257SHSOLE257 0 0
ZOETIS INCCL A98978V10326,989,799173,067SHSOLE1173,067 0 0
ZOETIS INCCL A98978V10351,775332SHSOLE332 0 0