GQG Partners LLC
CIK
1697233
Location
FT. LAUDERDALE, FL
Portfolio Value
Mid
$7,437,736,068
Diversification
Diversified
Filing Date
Global Rank
#57
/ 8,232
▲ 11
Top Industry
Tobacco
18.2%
3Y Alpha vs SPY
+2.1%
Period ended 2 months ago
Filed May 12, 2026 · 33d
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
+85.5%
SPY
+76.3%
Annualised alpha
+2.1%
Max drawdown
−15.5%
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
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 | Exxon Mobil 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. | ||||
13 positions ·
$7,437,736,068 total
· Utilities only
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Technology
Utilities
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| AEP |
American Electric Power Co Inc
Utilities
|
Reduced | 15,025,884 | $1,969,592,874 | 26.48% | |
| EXC |
Exelon Corp
Utilities
|
Reduced | 22,278,201 | $1,092,077,413 | 14.68% | |
| DUK |
Duke Energy CORP
Utilities
|
Reduced | 7,802,463 | $1,021,654,505 | 13.74% | |
| XEL |
Xcel Energy Inc
Utilities
|
Reduced | 11,193,162 | $889,184,789 | 11.96% | |
| AWK |
American Water Works Company, Inc.
Utilities
|
Reduced | 6,431,056 | $875,202,411 | 11.77% | |
| NEE |
Nextera Energy Inc
Utilities
|
Reduced | 9,258,727 | $859,950,563 | 11.56% | |
| CMS |
Cms Energy Corp
Utilities
|
Reduced | 4,412,573 | $342,327,413 | 4.60% | |
| CNP |
Centerpoint Energy Inc
Utilities
|
Reduced | 4,741,580 | $204,646,592 | 2.75% | |
| ATO |
Atmos Energy Corp
Utilities
|
Added | 887,204 | $163,884,322 | 2.20% | |
| PPL |
PPL Corp
Utilities
|
Reduced | 345,965 | $13,215,863 | 0.18% | |
| SO |
Southern Co
Utilities
|
Reduced | 53,702 | $5,183,317 | 0.07% | |
| NGG |
National Grid PLC
Utilities
|
Held | 5,914 | $500,324 | 0.01% | |
| AXIA |
AXIA Energia S.A.
Utilities
|
Added | 27,986 | $315,682 | 0.00% |