KAMES CAPITAL plc

CIK

1539994

Location

EDINBURGH, X0

Portfolio Value

Mid $7,156,557,062

Diversification

Diversified

Filing Date

Global Rank

#514 / 8,603 ▼ 14 · as of Mar 2026

Top Industry

Semiconductors 18.1%

3Y Alpha vs SPY

-3.2%

Period ended 3 months ago

Filed Apr 16, 2026 · 3mo

24 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+64.4%

SPY

+76.0%

Annualised alpha

-2.7%

Max drawdown

−20.5%

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

160 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

7.0%

−1.4 pts

Top 5

30.0%

−1.7 pts

Top 10

43.4%

−1.3 pts

HHI

265

Diversified−20

Portfolio Trend

24 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	38.2%	$2,732,754,642	31
Financial Services	12.2%	$871,685,129	24
Consumer Cyclical	10.4%	$743,433,630	19
Industrials	10.2%	$731,404,742	31
Healthcare	9.8%	$698,228,586	16
Communication Services	8.9%	$636,481,106	6
Consumer Defensive	5.2%	$371,672,031	11
Energy	1.8%	$127,221,820	4
Basic Materials	1.3%	$91,935,198	6
Utilities	1.2%	$84,472,612	5
Real Estate	0.9%	$67,267,566	7

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
BMY	Bristol Myers Squibb Co	+587,520	1,198,199	$72,670,769
CL	Colgate Palmolive Co	+297,268	948,572	$80,846,791
NFLX	Netflix Inc	+287,787	885,447	$85,135,729
FTNT	Fortinet, Inc.	+250,657	259,004	$21,165,806
APA	APA Corp	+176,194	1,012,405	$42,966,468
USB	US Bancorp De	+134,804	945,329	$49,166,561
AMT	American Tower Corp /Ma/	+123,958	174,070	$30,041,000
KMB	Kimberly Clark Corp	+116,203	468,828	$45,227,837
DCI	DONALDSON Co INC	+98,063	120,663	$10,240,668
PLTR	Palantir Technologies Inc.	+96,880	310,053	$45,354,552
NOW	ServiceNow, Inc.	+77,622	440,063	$46,008,586
NEE	Nextera Energy Inc	+75,540	447,559	$41,569,279
TXN	Texas Instruments Inc	+75,123	494,275	$95,958,548
CME	Cme Group Inc.	+73,125	362,908	$107,184,877
RSG	Republic Services, Inc.	+71,751	178,993	$39,203,046
ANET	Arista Networks, Inc.	+65,048	427,091	$52,438,232
MA	Mastercard Inc	+61,157	62,597	$31,277,217
ORLY	O Reilly Automotive Inc	+53,520	215,390	$19,882,650
PHM	Pultegroup Inc/Mi/	+53,288	213,789	$25,143,724
CVX	Chevron Corp	+52,247	204,534	$42,318,084
CINF	Cincinnati Financial Corp	+47,637	478,179	$75,241,465
PEP	Pepsico Inc	+44,667	536,542	$83,319,607
BAC	Bank Of America Corp /De/	+32,292	472,421	$23,030,523
MHK	Mohawk Industries Inc	+25,386	122,638	$12,074,937
CCK	Crown Holdings, Inc.	+25,097	351,907	$35,278,676
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SLB	Slb Limited/Nv	−477,403	771,849	$39,665,320
HDB	Hdfc Bank Ltd	−335,972	24,845	$618,143
MET	Metlife Inc	−300,750	543,623	$38,445,018
UBER	Uber Technologies, Inc	−272,097	127,323	$9,158,343
ADP	Automatic Data Processing Inc	−232,133	4,392	$892,366
HBAN	Huntington Bancshares Inc /Md/	−230,478	265,495	$4,154,996
NEM	NEWMONT Corp /DE/	−229,088	246,518	$26,685,573
WTRG	Essential Utilities, Inc.	−179,390	622,528	$25,069,202
NVDA	Nvidia Corp	−176,898	2,892,848	$504,512,691
XYL	Xylem Inc.	−175,168	257,702	$30,795,389
VCYT	Veracyte, Inc.	−162,791	326,627	$10,520,655
ORA	Ormat Technologies, Inc.	−162,076	132,672	$14,848,650
DHR	Danaher Corp /De/	−126,591	201,556	$38,215,017
CDNS	Cadence Design Systems Inc	−117,477	39,560	$10,992,537
MU	Micron Technology Inc	−100,316	260,641	$88,054,955
ULS	UL Solutions Inc.	−96,120	58,214	$4,989,521
STT	State Street Corp	−95,941	336,003	$42,524,539
EXPE	Expedia Group, Inc.	−95,134	62,563	$14,445,171
ROK	Rockwell Automation, Inc	−94,265	79,522	$28,538,855
NDAQ	Nasdaq, Inc.	−91,026	23,200	$1,969,448
LRCX	Lam Research Corp	−72,711	141,982	$30,335,874
MS	Morgan Stanley	−72,126	644,731	$106,103,380
DLTR	Dollar Tree, Inc.	−70,589	238,323	$26,098,751
BLD	QXO Insulation, LLC	−68,565	13,492	$4,739,739
CEG	Constellation Energy Corp	−66,915	4,091	$1,142,411
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
FAST	Fastenal Co	947,541	$43,965,902
T	At&T Inc.	1,195,262	$34,650,645
TXT	Textron Inc	391,386	$34,269,758
TJX	Tjx Companies Inc /De/	206,410	$32,963,677
VZ	Verizon Communications Inc	633,339	$31,793,617
SUNB	Sunbelt Rentals Holdings, Inc.	486,813	$31,686,658
SWK	Stanley Black & Decker, Inc.	435,220	$30,926,733
UPS	United Parcel Service Inc	229,169	$22,545,646
STZ	Constellation Brands, Inc.	137,707	$20,656,050
ALGN	Align Technology Inc	106,617	$18,277,352
NDSN	Nordson Corp	67,178	$17,873,378
SEDG	Solaredge Technologies, Inc.	333,245	$17,012,157
INTC	Intel Corp	279,753	$12,345,499
PG	PROCTER & GAMBLE Co	49,501	$7,149,924
PNC	Pnc Financial Services Group, Inc.	11,100	$2,309,799
ATEN	A10 Networks, Inc.	98,800	$2,284,256
BURL	Burlington Stores, Inc.	6,800	$2,212,584
GNRC	Generac Holdings Inc.	11,300	$2,207,229
ALL	Allstate Corp	10,200	$2,114,868
DLX	Deluxe Corp	74,903	$2,062,828
CBRE	Cbre Group, Inc.	15,152	$2,052,489
PYPL	PayPal Holdings, Inc.	45,160	$2,042,586
RF	Regions Financial Corp	78,200	$2,042,584
EFX	Equifax Inc	10,520	$1,894,336
GRTUF	Granite Real Estate Investment Trust	32,024	$1,878,207
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
QCOM	Qualcomm Inc/De	300,236	$51,355,367
MCO	Moodys Corp /De/	86,856	$44,370,387
JLL	Jones Lang Lasalle Inc	117,735	$39,614,295
TMO	Thermo Fisher Scientific Inc.	58,972	$34,171,325
UNH	Unitedhealth Group Inc	85,503	$28,225,395
BLK	BlackRock, Inc.	19,547	$20,921,935
PODD	Insulet Corp	66,687	$18,955,112
CG	Carlyle Group Inc.	306,433	$18,113,254
PLNT	Planet Fitness, Inc.	135,589	$14,707,338
EPAM	EPAM Systems, Inc.	66,836	$13,693,359
PFGC	Performance Food Group Co	140,449	$12,629,174
KR	Kroger Co	169,428	$10,585,861
COIN	Coinbase Global, Inc.	41,784	$9,449,033
DT	Dynatrace, Inc.	208,751	$9,047,268
OKE	Oneok Inc /New/	114,329	$8,403,181
UNP	Union Pacific Corp	33,150	$7,668,258
VEEV	Veeva Systems Inc	25,330	$5,654,415
TRU	TransUnion	65,934	$5,653,840
AIOT	Powerfleet, Inc.	878,049	$4,671,220
HURN	Huron Consulting Group Inc.	11,900	$2,057,629
AYI	Acuity Inc. (De)	5,603	$2,017,304
CRM	Salesforce, Inc.	3,265	$864,931
MSCI	MSCI Inc.	1,136	$651,757
INTU	Intuit Inc.	940	$622,674
JXN	Jackson Financial Inc.	5,176	$552,020
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

160 positions · $7,156,557,062 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 160 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Reduced	2,892,848	-176,898	$504,512,691	−11.9%	7.05%
MSFT	Microsoft Corp Technology	Reduced	1,331,614	-54,332	$492,923,554	−26.5%	6.89%
AAPL	Apple Inc. Technology	Reduced	1,682,057	-30,307	$426,889,246	−8.3%	5.97%
AVGO	Broadcom Inc. Technology	Reduced	1,230,382	-4,392	$380,815,532	−10.9%	5.32%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	1,642,739	-31,121	$342,133,251	−11.4%	4.78%
GOOGL	Alphabet Inc. Communication Services	Reduced	966,488	-48,226	$277,923,289	−12.5%	3.88%
META	Meta Platforms, Inc. Communication Services	Added	323,653	+2,906	$185,171,590	−12.5%	2.59%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	534,903	-41,169	$180,770,468	+3.3%	2.53%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	560,897	-56,484	$164,993,461	−17.1%	2.31%
MRK	Merck & Co., Inc. Healthcare	Reduced	1,274,506	-25,252	$153,310,326	+12.1%	2.14%
JNJ	Johnson & Johnson Healthcare	Reduced	524,731	-60,861	$128,265,245	+5.8%	1.79%
ABBV	AbbVie Inc. Healthcare	Reduced	498,848	-4,575	$108,494,451	−5.7%	1.52%
CME	Cme Group Inc. Financial Services	Added	362,908	+73,125	$107,184,877	+35.4%	1.50%
MS	Morgan Stanley Financial Services	Reduced	644,731	-72,126	$106,103,380	−16.6%	1.48%
TXN	Texas Instruments Inc Technology	Added	494,275	+75,123	$95,958,548	+32.0%	1.34%
CMI	Cummins Inc Industrials	Reduced	175,387	-28,217	$94,361,713	−9.2%	1.32%
MU	Micron Technology Inc Technology	Reduced	260,641	-100,316	$88,054,955	−14.5%	1.23%
NFLX	Netflix Inc Communication Services	Added	885,447	+287,787	$85,135,729	+51.9%	1.19%
PEP	Pepsico Inc Consumer Defensive	Added	536,542	+44,667	$83,319,607	+18.0%	1.16%
CL	Colgate Palmolive Co Consumer Defensive	Added	948,572	+297,268	$80,846,791	+57.1%	1.13%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	240,402	-1,483	$79,065,813	−5.0%	1.10%
CINF	Cincinnati Financial Corp Financial Services	Added	478,179	+47,637	$75,241,465	+7.0%	1.05%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	196,798	-20,915	$73,159,656	−25.3%	1.02%
BMY	Bristol Myers Squibb Co Healthcare	Added	1,198,199	+587,520	$72,670,769	+120.6%	1.02%
RTX	RTX Corp Industrials	Reduced	345,907	-6,711	$66,725,460	+3.2%	0.93%
CSCO	Cisco Systems, Inc. Technology	Reduced	832,127	-43,258	$64,564,733	−4.3%	0.90%
LLY	ELI LILLY & Co Healthcare	Reduced	63,991	-3,338	$58,857,002	−18.7%	0.82%
CFG	Citizens Financial Group Inc/Ri Financial Services	Reduced	957,259	-36,811	$57,406,822	−1.1%	0.80%
V	Visa Inc. Financial Services	Reduced	183,627	-38,403	$55,499,424	−28.7%	0.78%
WMT	Walmart Inc. Consumer Defensive	Added	439,161	+5,025	$54,578,929	+12.8%	0.76%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	109,631	-19,983	$52,535,175	−19.4%	0.73%
ANET	Arista Networks, Inc. Technology	Added	427,091	+65,048	$52,438,232	+10.5%	0.73%
GE	General Electric Co Industrials	Reduced	176,243	-3,545	$50,012,476	−9.7%	0.70%
USB	US Bancorp De Financial Services	Added	945,329	+134,804	$49,166,561	+13.7%	0.69%
BIIB	Biogen Inc. Healthcare	Reduced	258,735	-1,427	$47,433,887	+3.6%	0.66%
STLD	Steel Dynamics Inc Basic Materials	Reduced	257,874	-22,019	$46,417,320	−2.1%	0.65%
NOW	ServiceNow, Inc. Technology	Added	440,063	+77,622	$46,008,586	−17.1%	0.64%
WSO	Watsco Inc Industrials	Added	125,107	+11,103	$45,512,675	+18.5%	0.64%
PLTR	Palantir Technologies Inc. Technology	Added	310,053	+96,880	$45,354,552	+19.7%	0.63%
KMB	Kimberly Clark Corp Consumer Defensive	Added	468,828	+116,203	$45,227,837	+27.1%	0.63%
FAST	Fastenal Co Industrials	NEW	947,541	NEW	$43,965,902	NEW	0.61%
SHOP	Shopify Inc. Technology	Reduced	364,254	-66,355	$43,207,809	−37.7%	0.60%
APA	APA Corp Energy	Added	1,012,405	+176,194	$42,966,468	+110.1%	0.60%
STT	State Street Corp Financial Services	Reduced	336,003	-95,941	$42,524,539	−23.7%	0.59%
CVX	Chevron Corp Energy	Added	204,534	+52,247	$42,318,084	+82.3%	0.59%
NEE	Nextera Energy Inc Utilities	Added	447,559	+75,540	$41,569,279	+39.2%	0.58%
SLB	Slb Limited/Nv Energy	Reduced	771,849	-477,403	$39,665,320	−17.3%	0.55%
PGR	Progressive Corp/Oh/ Financial Services	Reduced	199,565	-2,351	$39,561,765	−14.0%	0.55%
RSG	Republic Services, Inc. Industrials	Added	178,993	+71,751	$39,203,046	+72.5%	0.55%
MET	Metlife Inc Financial Services	Reduced	543,623	-300,750	$38,445,018	−42.3%	0.54%