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:
12-31-2023
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]
01-31-2024
                           [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:
68
Form 13F Information table Value Total:
2047881968
          (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
ACCENTURE PLCCommon StockG1151C1015,378,74915,328SHSOLE15,328 0 0
ADOBE INCCommon Stock00724F1018,857,12414,846SHSOLE14,846 0 0
AERCAP HOLDINGS NVCommon StockN009851062,196,23129,551SHSOLE29,551 0 0
AGILENT TECHNOLOGIES INCCommon Stock00846U1017,350,93452,873SHSOLE52,873 0 0
ALCON INCCommon StockH013011285,898,84275,510SHSOLE75,510 0 0
ALIGN TECHNOLOGY INCCommon Stock0162551013,924,22814,322SHSOLE14,322 0 0
ALPHABET INCCommon Stock02079K30586,767,466621,143SHSOLE385,445 0 235,698
AMBEV SAADR02319V10343,979,00715,706,788SHSOLE9,447,595 0 6,259,193
ANSYS INCCommon Stock03662Q10510,836,68629,863SHSOLE29,863 0 0
APTIV PLCCommon StockG6095L1098,059,81789,833SHSOLE89,833 0 0
ASML HOLDING NVNY Reg ShrsN070592104,946,4736,535SHSOLE6,535 0 0
AUTODESK INCCommon Stock05276910684,470,273346,929SHSOLE276,222 0 70,707
AUTOMATIC DATA PROCESSING INCCommon Stock05301510354,822,501235,320SHSOLE181,047 0 54,273
BECTON DICKINSON & COCommon Stock07588710947,658,037195,456SHSOLE148,607 0 46,849
BOOKING HOLDINGS INCCommon Stock09857L108117,115,01633,016SHSOLE24,409 0 8,607
CADENCE DESIGN SYSTEMS INCCommon Stock1273871085,353,97819,657SHSOLE19,657 0 0
CARLISLE COS INCCommon Stock1423391006,715,37121,494SHSOLE21,494 0 0
CHARLES SCHWAB CORP/THECommon Stock80851310545,836,487666,228SHSOLE525,173 0 141,055
CHECK POINT SOFTWARE TECHNOLOGCommon StockM2246510452,607,278344,311SHSOLE255,663 0 88,648
COCA-COLA EUROPACIFIC PARTNERSCommon StockG2583910412,560,802188,205SHSOLE188,205 0 0
COSTAR GROUP INCCommon Stock22160N1096,042,14569,140SHSOLE69,140 0 0
DOLBY LABORATORIES INCCommon Stock25659T1079,135,167106,001SHSOLE106,001 0 0
ELECTRONIC ARTS INCCommon Stock28551210954,818,263400,689SHSOLE279,540 0 121,149
ESTEE LAUDER COS INC/THECommon Stock51843910435,037,406239,572SHSOLE167,735 0 71,837
FACTSET RESEARCH SYSTEMS INCCommon Stock30307510556,894,415119,263SHSOLE88,506 0 30,757
FRESHWORKS INCCommon Stock35805410415,404,531655,791SHSOLE452,301 0 203,490
H WORLD GROUP LTDADR44332N1063,966,954118,629SHSOLE71,172 0 47,457
HDFC BANK LTDADR40415F1019,259,704137,978SHSOLE137,978 0 0
ICON PLCCommon StockG4705A10073,433,454259,418SHSOLE192,988 0 66,430
IDEXX LABORATORIES INCCommon Stock45168D1046,600,65511,892SHSOLE11,892 0 0
INTUIT INCCommon Stock46120210388,523,624141,631SHSOLE106,475 0 35,156
ISHARES MSCI INDIA ETFETP46429B59810,277,239210,556SHSOLE93,796 0 116,760
ISHARES MSCI SAUDI ARABIA ETFETP46434V4233,650,70986,244SHSOLE86,244 0 0
JOHNSON & JOHNSONCommon Stock47816010457,036,589363,893SHSOLE257,178 0 106,715
KE HOLDINGS INCADR48249710421,350,6451,317,128SHSOLE791,258 0 525,870
MASTERCARD INCCommon Stock57636Q1048,406,51319,710SHSOLE19,710 0 0
META PLATFORMS INCCommon Stock30303M1027,769,06921,949SHSOLE21,949 0 0
MICROSOFT CORPCommon Stock594918104155,504,950413,533SHSOLE319,871 0 93,662
MONSTER BEVERAGE CORPCommon Stock61174X1097,786,856135,165SHSOLE135,165 0 0
MOODY'S CORPCommon Stock61536910568,239,815174,723SHSOLE127,066 0 47,657
NETEASE INCADR64110W10246,510,317499,252SHSOLE364,447 0 134,805
NEW ORIENTAL EDUCATION & TECHNADR64758120629,546,496403,200SHSOLE243,851 0 159,349
NEXTERA ENERGY INCCommon Stock65339F1019,690,521159,541SHSOLE159,541 0 0
NVIDIA CORPCommon Stock67066G1047,801,20115,753SHSOLE15,753 0 0
O'REILLY AUTOMOTIVE INCCommon Stock67103H1075,639,6755,936SHSOLE5,936 0 0
PDD HOLDINGS INCADR72230410254,093,295369,717SHSOLE225,923 0 143,794
PHILIP MORRIS INTERNATIONAL INCommon Stock71817210956,821,780603,973SHSOLE603,973 0 0
POWERSHARES SENIOR LOANETP46138G508353,68516,699SHSOLE16,699 0 0
QIAGEN NVCommon StockN724821231,532,42835,285SHSOLE35,285 0 0
ROCKWELL AUTOMATION INCCommon Stock7739031096,951,95822,391SHSOLE22,391 0 0
RYANAIR HOLDINGS PLCADR78351320312,065,88090,476SHSOLE90,476 0 0
S&P GLOBAL INCCommon Stock78409V10459,941,116136,069SHSOLE102,261 0 33,808
SONY GROUP CORPADR835699307562,6485,942SHSOLE5,942 0 0
STRYKER CORPCommon Stock8636671015,553,48618,545SHSOLE18,545 0 0
TAIWAN SEMICONDUCTOR MANUFACTUADR87403910017,710,161170,290SHSOLE170,290 0 0
TE CONNECTIVITY LTDCommon StockH849891048,611,10561,289SHSOLE61,289 0 0
TERNIUM SAADR88089010830,787,438724,922SHSOLE445,146 0 279,776
TEXAS INSTRUMENTS INCCommon Stock8825081047,782,52245,656SHSOLE45,656 0 0
TRADEWEB MARKETS INCCommon Stock8926721065,578,39761,382SHSOLE61,382 0 0
TRANE TECHNOLOGIES PLCCommon StockG8994E1032,639,24210,821SHSOLE10,821 0 0
TRIP.COM GROUP LTDADR89677Q10731,772,236882,317SHSOLE523,972 0 358,345
VALE SAADR91912E10548,180,7933,037,881SHSOLE1,798,046 0 1,239,835
VEEVA SYSTEMS INCCommon Stock9224751083,990,17020,726SHSOLE20,726 0 0
VERISIGN INCCommon Stock92343E10279,542,164386,202SHSOLE283,510 0 102,692
VISA INCCommon Stock92826C839175,588,111674,431SHSOLE500,796 0 173,635
WASTE MANAGEMENT INCCommon Stock94106L10912,736,33971,113SHSOLE71,113 0 0
WEST PHARMACEUTICAL SERVICES ICommon Stock9553061054,126,84711,720SHSOLE11,720 0 0
ZOETIS INCCommon Stock98978V1037,297,95436,976SHSOLE36,976 0 0