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:
12-31-2024
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 North America, Inc.
Address:
65 E 55TH ST
30th Floor
New York, NY 10022
Form 13F File Number:
028-16538

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:
Dana Troetel
Title:
Head of Legal, America and Chief Compliance Officer
Phone:
917-206-5136


Signature, Place, and Date of Signing:

/s/ Dana Troetel
                         [Signature]
New York, NEW YORK
                 [City, State]
01-24-2025
                           [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:
71
Form 13F Information table Value Total:
1615157474
          (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
ABBOTT LABORATORIESCommon Stock0028241001,373,72112,145SHSOLE12,145 0 0
ACCENTURE PLCCommon StockG1151C10128,136,16579,980SHSOLE54,913 0 25,067
AECOMCommon Stock00766T10011,512,740107,777SHSOLE59,537 0 48,240
ALIGN TECHNOLOGY INCCommon Stock01625510112,884,25061,792SHSOLE61,792 0 0
ALPHABET INCCommon Stock02079K30551,886,373274,096SHSOLE274,096 0 0
ANSYS INCCommon Stock03662Q10518,698,20255,430SHSOLE30,568 0 24,862
AON PLCCommon StockG0403H1081,634,5384,551SHSOLE4,551 0 0
APTIV PLCCommon StockG3265R10711,489,205189,967SHSOLE104,945 0 85,022
ARTHUR J GALLAGHER & COCommon Stock3635761091,293,7894,558SHSOLE4,558 0 0
ASE TECHNOLOGY HOLDING CO LTDADR00215W1002,934,701291,430SHSOLE291,430 0 0
AUTODESK INCCommon Stock05276910667,768,881229,282SHSOLE202,260 0 27,022
AUTOMATIC DATA PROCESSING INCCommon Stock05301510341,686,216142,405SHSOLE142,405 0 0
BECTON DICKINSON & COCommon Stock0758871091,332,6355,874SHSOLE5,874 0 0
BOOKING HOLDINGS INCCommon Stock09857L10858,756,53511,826SHSOLE11,826 0 0
BROADRIDGE FINANCIAL SOLUTIONSCommon Stock11133T103665,3832,943SHSOLE2,943 0 0
BROOKFIELD CORPCommon Stock11271J1079,087,798158,195SHSOLE158,195 0 0
CDW CORP/DECommon Stock12514G108568,7633,268SHSOLE3,268 0 0
CHECK POINT SOFTWARE TECHNOLOGCommon StockM2246510437,284,551199,703SHSOLE199,703 0 0
CME GROUP INCCommon Stock12572Q105977,9214,211SHSOLE4,211 0 0
COCA-COLA CO/THECommon Stock1912161001,229,13719,742SHSOLE19,742 0 0
COUPANG INCCommon Stock22266T10918,639,678848,029SHSOLE531,232 0 316,797
CREDICORP LTDCommon StockG2519Y10840,136,631218,943SHSOLE137,796 0 81,147
EDWARDS LIFESCIENCES CORPCommon Stock28176E10826,206,843354,003SHSOLE354,003 0 0
ELECTRONIC ARTS INCCommon Stock28551210935,625,075243,507SHSOLE243,507 0 0
EMBRAER SAADR29082A1073,097,66384,451SHSOLE84,451 0 0
EQUIFAX INCCommon Stock294429105911,0893,575SHSOLE3,575 0 0
FACTSET RESEARCH SYSTEMS INCCommon Stock30307510530,758,57364,043SHSOLE64,043 0 0
FOMENTO ECONOMICO MEXICANO SABADR34441910621,408,577250,422SHSOLE157,064 0 93,358
HDFC BANK LTDADR40415F1014,085,50863,976SHSOLE63,976 0 0
HOLOGIC INCCommon Stock436440101605,4128,398SHSOLE8,398 0 0
ICICI BANK LTDADR45104G1047,680,560257,219SHSOLE257,219 0 0
ICON PLCCommon StockG4705A10064,459,192307,373SHSOLE261,112 0 46,261
INTERCONTINENTAL EXCHANGE INCCommon Stock45866F1041,751,76211,756SHSOLE11,756 0 0
INTUIT INCCommon Stock46120210349,298,28478,438SHSOLE78,438 0 0
ISHARES MSCI INDIA ETFETP46429B59834,103,246647,858SHSOLE647,858 0 0
JACK HENRY & ASSOCIATES INCCommon Stock426281101210,3601,200SHSOLE1,200 0 0
JOHNSON & JOHNSONCommon Stock47816010427,450,612189,812SHSOLE189,812 0 0
KE HOLDINGS INCADR48249710429,757,8241,615,517SHSOLE1,008,989 0 606,528
KT CORPADR48268K10112,749,246821,472SHSOLE516,869 0 304,603
MASTERCARD INCCommon Stock57636Q10449,173,74093,385SHSOLE66,075 0 27,310
MERCADOLIBRE INCCommon Stock58733R1024,922,7742,895SHSOLE2,895 0 0
MICROSOFT CORPCommon Stock59491810484,475,766200,417SHSOLE200,417 0 0
MONSTER BEVERAGE CORPCommon Stock61174X10920,803,564395,806SHSOLE395,806 0 0
MOODY'S CORPCommon Stock61536910541,482,83487,633SHSOLE87,633 0 0
MOTOROLA SOLUTIONS INCCommon Stock62007630715,842,93434,275SHSOLE34,275 0 0
NETEASE INCADR64110W10230,111,587337,536SHSOLE337,536 0 0
NEXTERA ENERGY INCCommon Stock65339F10124,505,291341,823SHSOLE180,991 0 160,832
OTIS WORLDWIDE CORPCommon Stock68902V107696,8917,525SHSOLE7,525 0 0
PHILIP MORRIS INTERNATIONAL INCommon Stock71817210976,583,038636,336SHSOLE636,336 0 0
POWERSHARES SENIOR LOANETP46138G508421,40020,000SHSOLE20,000 0 0
PROCTER & GAMBLE CO/THECommon Stock7427181098,243,85449,173SHSOLE49,173 0 0
ROCKWELL AUTOMATION INCCommon Stock7739031099,897,48034,632SHSOLE19,229 0 15,403
ROPER TECHNOLOGIES INCCommon Stock7766961061,017,3471,957SHSOLE1,957 0 0
S&P GLOBAL INCCommon Stock78409V10425,682,41251,568SHSOLE51,568 0 0
SEA LTDADR81141R10030,526,350287,713SHSOLE200,772 0 86,941
SPDR BLACKSTONE SENIOR LOAN ETETP78467V608442,33810,600SHSOLE10,600 0 0
STERIS PLCCommon StockG8473T100489,0282,379SHSOLE2,379 0 0
TAIWAN SEMICONDUCTOR MANUFACTUADR87403910082,765,097419,085SHSOLE354,994 0 64,091
TE CONNECTIVITY PLCCommon StockG8705210914,654,854102,503SHSOLE56,920 0 45,583
TECHNIPFMC PLCCommon StockG871101053,784,397130,767SHSOLE130,767 0 0
TERNIUM SAADR88089010825,104,299863,284SHSOLE551,391 0 311,893
TETRA TECH INCCommon Stock88162G10310,864,886272,713SHSOLE150,631 0 122,082
THERMO FISHER SCIENTIFIC INCCommon Stock8835561021,330,2292,557SHSOLE2,557 0 0
TRIP.COM GROUP LTDADR89677Q10742,752,042622,663SHSOLE385,459 0 237,204
UNITEDHEALTH GROUP INCCommon Stock91324P1021,527,6983,020SHSOLE3,020 0 0
VALE SAADR91912E10525,018,6522,820,592SHSOLE1,729,018 0 1,091,574
VERISIGN INCCommon Stock92343E10246,380,978224,106SHSOLE224,106 0 0
VISA INCCommon Stock92826C839121,399,498384,127SHSOLE384,127 0 0
VISTA ENERGY SAB DE CVADR92837L10923,403,225432,512SHSOLE300,641 0 131,871
WASTE MANAGEMENT INCCommon Stock94106L10920,180,615100,008SHSOLE55,247 0 44,761
ZOETIS INCCommon Stock98978V103534,7373,282SHSOLE3,282 0 0