WELLCOME TRUST LTD (THE) as trustee of the WELLCOME TRUST
Filing Date
Global Rank
#390
/ 8,232
▼ 2
Top Industry
Internet Retail
16.1%
3Y Alpha vs SPY
-10.4%
Period ended 2 months ago
Filed Apr 22, 2026 · 53d
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+34.7%
SPY
+76.3%
Annualised alpha
-10.4%
Max drawdown
−18.2%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
18 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
10.3%
+0.0 pts
Top 5
45.7%
−0.1 pts
Top 10
77.0%
+3.1 pts
HHI
710
Diversified+34
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 30.9% | $2,184,763,500 |
| Consumer Cyclical | 18.3% | $1,296,201,000 |
| Healthcare | 15.6% | $1,102,855,539 |
| Financial Services | 15.6% | $1,101,490,870 |
| Basic Materials | 7.9% | $555,251,200 |
| Communication Services | 7.3% | $517,608,000 |
| Consumer Defensive | 4.4% | $310,580,000 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
1 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| MA | Mastercard Inc | +75,000 | 670,000 | $334,772,200 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reducedNo qualifying positions this quarter.
New Positions
Positions the filer opened this quarter
1 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| MDLN | Medline Inc. | 146,602 | $6,523,789 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
1 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| ADBE | Adobe Inc. | 750,000 | $262,492,500 | |
| No positions match the current search. | ||||
18 positions ·
$7,068,750,109 total
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Financial Services
Healthcare
Technology
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| V |
Visa Inc.
Financial Services
|
Held | 2,400,000 | $725,376,000 | 10.26% | |
| AAPL |
Apple Inc.
Technology
|
Held | 2,800,000 | $710,612,000 | 10.05% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Held | 3,300,000 | $687,291,000 | 9.72% | |
| MSFT |
Microsoft Corp
Technology
|
Held | 1,500,000 | $555,255,000 | 7.86% | |
| LIN |
Linde PLC
Basic Materials
|
Held | 1,120,000 | $555,251,200 | 7.86% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Held | 1,800,000 | $517,608,000 | 7.32% | |
| CSCO |
Cisco Systems, Inc.
Technology
|
Held | 6,000,000 | $465,540,000 | 6.59% | |
| DASH |
DoorDash, Inc.
Consumer Cyclical
|
Held | 3,000,000 | $450,450,000 | 6.37% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Held | 1,600,000 | $391,104,000 | 5.53% | |
| EW |
Edwards Lifesciences Corp
Healthcare
|
Held | 4,800,000 | $384,384,000 | 5.44% | |
| MA |
Mastercard Inc
Financial Services
|
Added | 670,000 | $334,772,200 | 4.74% | |
| ABT |
Abbott Laboratories
Healthcare
|
Held | 3,125,000 | $320,843,750 | 4.54% | |
| PEP |
Pepsico Inc
Consumer Defensive
|
Held | 2,000,000 | $310,580,000 | 4.39% | |
| NOW |
ServiceNow, Inc.
Technology
|
Held | 2,250,000 | $235,237,500 | 3.33% | |
| ACN |
Accenture plc
Technology
|
Held | 1,100,000 | $218,119,000 | 3.09% | |
| NKE |
NIKE, Inc.
Consumer Cyclical
|
Held | 3,000,000 | $158,460,000 | 2.24% | |
| KLAR |
Klarna Group plc
Financial Services
|
Held | 3,158,340 | $41,342,670 | 0.58% | |
| MDLN |
Medline Inc.
Healthcare
|
NEW | 146,602 | $6,523,789 | 0.09% |