Instuitional Investor - Investec Asset Management North America, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Visa Inc.	V	433,639	$153,963,527	7.56%
2.	Microsoft Corp	MSFT	275,263	$136,918,569	6.72%
3.	Philip Morris International Inc.	PM	693,502	$126,307,520	6.2%
4.	Booking Holdings Inc.	BKNG	15,729	$91,058,956	4.47%
5.	Autodesk Inc.	ADSK	292,722	$90,617,950	4.45%