GQG Partners LLC
CIK
1697233
Location
FT. LAUDERDALE, FL
Portfolio Value
Large
$63,104,637,407
Diversification
Diversified
Filing Date
Global Rank
#111
/ 8,621
▲ 8
· as of Mar 2026
Top Industry
Tobacco
18.2%
3Y Alpha vs SPY
+3.7%
Period ended 4 months ago
Filed May 12, 2026 · 3mo
25 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.
Cloned portfolio
+93.5%
SPY
+67.9%
Annualised alpha
+5.8%
Max drawdown
−15.5%
Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.
Portfolio Concentration
77 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
13.1%
−1.4 pts
Top 5
35.5%
+0.6 pts
Top 10
51.7%
+0.3 pts
HHI
436
Diversified−22
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Energy | 27.0% | $17,064,900,671 |
| Consumer Defensive | 24.2% | $15,265,542,591 |
| Financial Services | 21.8% | $13,784,408,733 |
| Utilities | 11.8% | $7,437,736,068 |
| Communication Services | 7.4% | $4,654,041,640 |
| Healthcare | 6.0% | $3,794,688,218 |
| Basic Materials | 0.9% | $551,970,404 |
| Industrials | 0.8% | $483,482,378 |
| Technology | 0.1% | $60,275,714 |
| Unclassified | 0.0% | $7,292,331 |
| Consumer Cyclical | 0.0% | $298,659 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
19 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| PBR | Petrobras - Petroleo Brasileiro SA | +37,436,893 | 173,440,105 | $3,598,882,178 | |
| ABEV | Ambev S.A. | +14,067,883 | 187,037,538 | $546,149,610 | |
| CVX | Chevron Corp | +8,861,845 | 10,266,187 | $2,124,074,090 | |
| IBN | Icici Bank Ltd | +2,732,713 | 77,366,552 | $2,003,793,696 | |
| VZ | Verizon Communications Inc | +1,847,900 | 45,714,595 | $2,294,872,669 | |
| TRP | Tc Energy Corp | +792,101 | 16,946,570 | $1,060,855,281 | |
| UL | Unilever PLC | +382,436 | 9,401,286 | $535,591,263 | |
| ASR | Southeast Airport Group | +333,323 | 366,108 | $123,059,882 | |
| ALL | Allstate Corp | +273,043 | 5,761,603 | $1,194,610,766 | |
| ATO | Atmos Energy Corp | +183,612 | 887,204 | $163,884,322 | |
| E | Eni Spa | +125,017 | 300,743 | $17,025,061 | |
| RNR | Renaissancere Holdings Ltd | +115,470 | 502,346 | $149,312,301 | |
| ORI | Old Republic International Corp | +115,037 | 3,532,203 | $140,934,899 | |
| SNY | Sanofi | +43,759 | 164,705 | $7,935,486 | |
| TTE | TotalEnergies SE | +14,659 | 242,809 | $22,090,762 | |
| AXIA | AXIA Energia S.A. | +7,112 | 27,986 | $315,682 | |
| VLO | Valero Energy Corp/Tx | +26 | 33,912 | $8,378,976 | |
| PFE | Pfizer Inc | +10 | 96,492 | $2,709,495 | |
| CVS | CVS HEALTH Corp | +5 | 31,523 | $2,263,981 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| VALE | Vale S.A. | −48,558,130 | 16,574,442 | $263,699,372 | |
| HDB | Hdfc Bank Ltd | −18,866,763 | 34,095,946 | $848,307,136 | |
| ITUB | Itau Unibanco Holding S.A. | −15,313,185 | 81,646,220 | $684,195,323 | |
| KO | Coca Cola Co | −5,131,146 | 21,119,167 | $1,606,112,650 | |
| PM | Philip Morris International Inc. | −4,990,416 | 50,105,900 | $8,284,509,506 | |
| AIG | American International Group, Inc. | −4,905,505 | 10,587,437 | $796,704,634 | |
| T | At&T Inc. | −4,654,561 | 81,353,084 | $2,358,425,905 | |
| PPL | PPL Corp | −4,292,695 | 345,965 | $13,215,863 | |
| ENB | Enbridge Inc | −3,926,678 | 76,426,780 | $4,137,745,868 | |
| PG | PROCTER & GAMBLE Co | −3,130,437 | 96,492 | $13,937,304 | |
| EXC | Exelon Corp | −2,701,373 | 22,278,201 | $1,092,077,413 | |
| BUD | Anheuser-Busch InBev SA/NV | −2,332,013 | 6,792 | $471,161 | |
| XOM | ExxonMobil Holdings Corp | −2,052,453 | 6,663,103 | $1,130,462,054 | |
| EMBJ | Embraer S.A. | −1,930,681 | 6,073,854 | $360,422,496 | |
| AEP | American Electric Power Co Inc | −1,876,988 | 15,025,884 | $1,969,592,874 | |
| CI | Cigna Group | −1,760,847 | 6,002,448 | $1,601,153,004 | |
| DUK | Duke Energy CORP | −1,740,608 | 7,802,463 | $1,021,654,505 | |
| TSM | Taiwan Semiconductor Manufacturing Co Ltd | −1,655,192 | 176,817 | $59,755,305 | |
| CME | Cme Group Inc. | −1,582,664 | 2,625,795 | $775,528,553 | |
| PGR | Progressive Corp/Oh/ | −1,293,609 | 9,138,940 | $1,811,703,465 | |
| MO | Altria Group, Inc. | −1,221,598 | 23,836,839 | $1,572,993,005 | |
| XEL | Xcel Energy Inc | −1,141,394 | 11,193,162 | $889,184,789 | |
| CNP | Centerpoint Energy Inc | −940,066 | 4,741,580 | $204,646,592 | |
| BAP | Credicorp Ltd | −876,193 | 72,991 | $24,757,087 | |
| NVS | Novartis AG | −710,850 | 2,447,272 | $373,820,798 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
10 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| OXY | Occidental Petroleum Corp /De/ | 18,311,639 | $1,190,256,535 | |
| SU | Suncor Energy Inc | 17,218,819 | $1,138,336,123 | |
| CNQ | CANADIAN NATURAL RESOURCES Ltd | 17,555,471 | $855,478,101 | |
| DVN | Devon Energy Corp/De | 16,170,345 | $813,691,760 | |
| CVE | Cenovus Energy Inc. | 26,774,463 | $710,326,503 | |
| BP | Bp PLC | 5,462,538 | $256,739,286 | |
| PEP | Pepsico Inc | 1,061,310 | $164,810,829 | |
| AZN | Astrazeneca PLC | 45,524 | $8,978,243 | |
| BMY | Bristol Myers Squibb Co | 46,361 | $2,811,794 | |
| GLD | Spdr Gold Trust | 2,763 | $1,188,891 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
14 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| CTSH | Cognizant Technology Solutions Corp | 8,116,278 | $673,651,074 | |
| CL | Colgate Palmolive Co | 7,396,227 | $584,449,857 | |
| INFY | Infosys Ltd | 29,130,383 | $519,103,425 | |
| ACN | Accenture plc | 835,404 | $224,138,893 | |
| GGAL | Grupo Financiero Galicia SA | 3,075,544 | $165,894,843 | |
| HII | Huntington Ingalls Industries, Inc. | 16,129 | $5,484,989 | |
| MSFT | Microsoft Corp | 1,815 | $877,770 | |
| LLY | ELI LILLY & Co | 620 | $666,301 | |
| SAP | Sap SE | 1,750 | $425,092 | |
| NOW | ServiceNow, Inc. | 2,338 | $358,158 | |
| META | Meta Platforms, Inc. | 518 | $341,926 | |
| NFLX | Netflix Inc | 3,394 | $318,221 | |
| DEO | Diageo PLC | 3,076 | $265,366 | |
| AVGO | Broadcom Inc. | 608 | $210,428 | |
| No positions match the current search. | ||||
77 positions ·
$63,104,637,407 total
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Technology
Utilities
Showing 1–50
of 77 positions by value
· page 1 of 2
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| PM |
Philip Morris International Inc.
Consumer Defensive
|
Reduced | 50,105,900 | $8,284,509,506 | 13.13% | |
| ENB |
Enbridge Inc
Energy
|
Reduced | 76,426,780 | $4,137,745,868 | 6.56% | |
| CB |
Chubb Ltd
Financial Services
|
Reduced | 12,418,796 | $4,047,658,180 | 6.41% | |
| PBR |
Petrobras - Petroleo Brasileiro SA
Energy
|
Added | 173,440,105 | $3,598,882,178 | 5.70% | |
| T |
At&T Inc.
Communication Services
|
Reduced | 81,353,084 | $2,358,425,905 | 3.74% | |
| VZ |
Verizon Communications Inc
Communication Services
|
Added | 45,714,595 | $2,294,872,669 | 3.64% | |
| CVX |
Chevron Corp
Energy
|
Added | 10,266,187 | $2,124,074,090 | 3.37% | |
| IBN |
Icici Bank Ltd
Financial Services
|
Added | 77,366,552 | $2,003,793,696 | 3.18% | |
| AEP |
American Electric Power Co Inc
Utilities
|
Reduced | 15,025,884 | $1,969,592,874 | 3.12% | |
| PGR |
Progressive Corp/Oh/
Financial Services
|
Reduced | 9,138,940 | $1,811,703,465 | 2.87% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Reduced | 7,317,289 | $1,788,638,123 | 2.83% | |
| BTI |
British American Tobacco p.l.c.
Consumer Defensive
|
Reduced | 27,683,334 | $1,618,644,538 | 2.57% | |
| KO |
Coca Cola Co
Consumer Defensive
|
Reduced | 21,119,167 | $1,606,112,650 | 2.55% | |
| CI |
Cigna Group
Healthcare
|
Reduced | 6,002,448 | $1,601,153,004 | 2.54% | |
| MO |
Altria Group, Inc.
Consumer Defensive
|
Reduced | 23,836,839 | $1,572,993,005 | 2.49% | |
| ALL |
Allstate Corp
Financial Services
|
Added | 5,761,603 | $1,194,610,766 | 1.89% | |
| OXY |
Occidental Petroleum Corp /De/
Energy
|
NEW | 18,311,639 | $1,190,256,535 | 1.89% | |
| SU |
Suncor Energy Inc
Energy
|
NEW | 17,218,819 | $1,138,336,123 | 1.80% | |
| XOM |
ExxonMobil Holdings Corp
Energy
|
Reduced | 6,663,103 | $1,130,462,054 | 1.79% | |
| EXC |
Exelon Corp
Utilities
|
Reduced | 22,278,201 | $1,092,077,413 | 1.73% | |
| TRP |
Tc Energy Corp
Energy
|
Added | 16,946,570 | $1,060,855,281 | 1.68% | |
| DUK |
Duke Energy CORP
Utilities
|
Reduced | 7,802,463 | $1,021,654,505 | 1.62% | |
| KR |
Kroger Co
Consumer Defensive
|
Reduced | 12,737,042 | $921,652,359 | 1.46% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Reduced | 1,896,646 | $908,872,763 | 1.44% | |
| XEL |
Xcel Energy Inc
Utilities
|
Reduced | 11,193,162 | $889,184,789 | 1.41% | |
| AWK |
American Water Works Company, Inc.
Utilities
|
Reduced | 6,431,056 | $875,202,411 | 1.39% | |
| NEE |
Nextera Energy Inc
Utilities
|
Reduced | 9,258,727 | $859,950,563 | 1.36% | |
| CNQ |
CANADIAN NATURAL RESOURCES Ltd
Energy
|
NEW | 17,555,471 | $855,478,101 | 1.36% | |
| HDB |
Hdfc Bank Ltd
Financial Services
|
Reduced | 34,095,946 | $848,307,136 | 1.34% | |
| DVN |
Devon Energy Corp/De
Energy
|
NEW | 16,170,345 | $813,691,760 | 1.29% | |
| AIG |
American International Group, Inc.
Financial Services
|
Reduced | 10,587,437 | $796,704,634 | 1.26% | |
| CME |
Cme Group Inc.
Financial Services
|
Reduced | 2,625,795 | $775,528,553 | 1.23% | |
| CVE |
Cenovus Energy Inc.
Energy
|
NEW | 26,774,463 | $710,326,503 | 1.13% | |
| ITUB |
Itau Unibanco Holding S.A.
Financial Services
|
Reduced | 81,646,220 | $684,195,323 | 1.08% | |
| ABEV |
Ambev S.A.
Consumer Defensive
|
Added | 187,037,538 | $546,149,610 | 0.87% | |
| UL |
Unilever PLC
Consumer Defensive
|
Added | 9,401,286 | $535,591,263 | 0.85% | |
| NVS |
Novartis AG
Healthcare
|
Reduced | 2,447,272 | $373,820,798 | 0.59% | |
| EMBJ |
Embraer S.A.
Industrials
|
Reduced | 6,073,854 | $360,422,496 | 0.57% | |
| CMS |
Cms Energy Corp
Utilities
|
Reduced | 4,412,573 | $342,327,413 | 0.54% | |
| FNV |
FRANCO NEVADA Corp
Basic Materials
|
Reduced | 1,166,853 | $288,271,032 | 0.46% | |
| VALE |
Vale S.A.
Basic Materials
|
Reduced | 16,574,442 | $263,699,372 | 0.42% | |
| BP |
Bp PLC
Energy
|
NEW | 5,462,538 | $256,739,286 | 0.41% | |
| CINF |
Cincinnati Financial Corp
Financial Services
|
Reduced | 1,518,318 | $238,907,337 | 0.38% | |
| CNP |
Centerpoint Energy Inc
Utilities
|
Reduced | 4,741,580 | $204,646,592 | 0.32% | |
| PEP |
Pepsico Inc
Consumer Defensive
|
NEW | 1,061,310 | $164,810,829 | 0.26% | |
| ATO |
Atmos Energy Corp
Utilities
|
Added | 887,204 | $163,884,322 | 0.26% | |
| ACGL |
Arch Capital Group Ltd.
Financial Services
|
Reduced | 1,646,026 | $158,002,035 | 0.25% | |
| RNR |
Renaissancere Holdings Ltd
Financial Services
|
Added | 502,346 | $149,312,301 | 0.24% | |
| ORI |
Old Republic International Corp
Financial Services
|
Added | 3,532,203 | $140,934,899 | 0.22% | |
| ASR |
Southeast Airport Group
Industrials
|
Added | 366,108 | $123,059,882 | 0.20% |