London & Capital Asset Management Ltd

CIK

1767559

Location

London, X0

Portfolio Value

Mid $8,900,595,066

Diversification

Diversified

Filing Date

Global Rank

#327 / 8,232 ▲ 29

Top Industry

Financial Data & Stock Exchanges 9.0%

3Y Alpha vs SPY

-8.8%

Period ended 2 months ago

Filed May 15, 2026 · 29d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

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

Cloned portfolio

+41.0%

SPY

+76.5%

Annualised alpha

-8.7%

Max drawdown

−16.1%

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

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

Top Position

5.7%

−0.6 pts

Top 5

26.0%

−2.5 pts

Top 10

48.6%

−0.8 pts

HHI

371

Diversified−4

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	27.9%	$2,486,065,825	30
Technology	22.9%	$2,039,019,704	25
Industrials	17.3%	$1,536,771,532	18
Consumer Cyclical	10.1%	$903,372,440	15
Healthcare	8.3%	$737,428,771	18
Communication Services	5.1%	$452,317,460	9
Basic Materials	3.4%	$298,398,353	8
Energy	2.2%	$198,305,663	12
Unclassified	2.0%	$176,753,072	7
Utilities	0.7%	$59,755,578	2
Consumer Defensive	0.1%	$12,212,459	9
Real Estate	0.0%	$194,209	1

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
GRAB	Grab Holdings Ltd	+61,708,751	62,656,751	$229,323,708
AMD	Advanced Micro Devices Inc	+246,045	1,484,594	$302,010,957
ICE	Intercontinental Exchange, Inc.	+135,163	2,216,370	$348,590,673
COF	Capital One Financial Corp	+133,957	1,550,677	$282,890,005
AMZN	Amazon Com Inc	+125,908	2,435,975	$507,340,513
MRSH	Marsh & Mclennan Companies, Inc.	+123,752	2,023,752	$351,019,784
FERG	Ferguson Enterprises Inc. /DE/	+89,912	1,864,092	$434,818,099
V	Visa Inc.	+73,988	1,549,069	$468,190,614
SNPS	Synopsys Inc	+71,448	786,829	$311,961,961
IBKR	Interactive Brokers Group, Inc.	+54,761	5,915,803	$396,772,907
VMC	Vulcan Materials CO	+50,490	419,616	$114,261,436
LNG	Cheniere Energy, Inc.	+46,213	257,519	$73,073,591
CP	Canadian Pacific Kansas City Ltd/Cn	+40,659	630,051	$49,559,811
MSFT	Microsoft Corp	+23,205	1,237,530	$458,096,480
WEC	Wec Energy Group, Inc.	+18,407	513,715	$59,472,785
VINP	Vinci Compass Investments Ltd.	+18,000	36,000	$379,800
URI	United Rentals, Inc.	+11,693	287,121	$209,184,875
ALV	Autoliv Inc	+9,593	24,021	$2,526,048
TMO	Thermo Fisher Scientific Inc.	+7,256	793,472	$390,015,292
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+7,028	1,068,039	$360,943,780
MELI	Mercadolibre Inc	+6,699	38,855	$67,181,072
LEN	Lennar Corp /New/	+4,700	18,500	$1,606,540
CVX	Chevron Corp	+3,833	17,967	$3,717,372
TSLX	Sixth Street Specialty Lending, Inc.	+3,730	23,130	$425,129
BRK-B	Berkshire Hathaway Inc	+3,406	69,137	$33,130,450
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
EL	Estee Lauder Companies Inc	−429,540	9,612	$689,853
ORLY	O Reilly Automotive Inc	−420,851	87,619	$8,088,109
DHI	Horton D R Inc /De/	−285,459	16,350	$2,243,547
GEHC	GE HealthCare Technologies Inc.	−276,911	925,284	$65,861,715
GOOGL	Alphabet Inc.	−241,849	1,539,555	$442,714,435
SHG	Shinhan Financial Group Co Ltd	−189,604	1,823,111	$111,793,166
QCOM	Qualcomm Inc/De	−171,600	418,282	$53,866,355
SLB	Slb Limited/Nv	−159,304	1,650,084	$84,797,816
NEM	NEWMONT Corp /DE/	−145,285	530,219	$57,396,206
INTU	Intuit Inc.	−109,193	18,673	$8,073,831
YUMC	Yum China Holdings, Inc.	−104,128	6,174,526	$301,193,378
UNH	Unitedhealth Group Inc	−58,359	880,594	$238,279,930
AXP	American Express Co	−46,572	76,913	$23,264,644
ZTS	Zoetis Inc.	−43,694	276,759	$32,715,681
SGOL	abrdn Gold ETF Trust	−41,887	574,688	$25,642,578
IBM	International Business Machines Corp	−36,127	1,115,102	$270,289,573
GEV	GE Vernova Inc.	−18,488	461,171	$402,556,165
VZ	Verizon Communications Inc	−17,549	22,748	$1,141,949
KO	Coca Cola Co	−15,786	99,318	$7,553,133
PHG	Koninklijke Philips NV	−15,250	13,256	$363,214
BAC	Bank Of America Corp /De/	−12,186	49,012	$2,389,335
PWR	Quanta Services, Inc.	−11,964	48,950	$26,874,529
AAPL	Apple Inc.	−11,050	99,248	$25,188,149
PL	Planet Labs PBC	−10,350	59,650	$1,667,217
WRB	Berkley W R Corp	−8,700	8,000	$530,240
No positions match the current search.

New Positions

Positions the filer opened this quarter

7 positions

Ticker	Company	Shares	Value
EXP	Eagle Materials Inc	532,998	$100,976,471
BZ	Kanzhun Ltd	222,900	$2,984,631
SGI	Somnigroup International Inc.	4,450	$328,944
MSIF	Msc Income Fund, Inc.	26,506	$322,843
TECK	Teck Resources Ltd	5,864	$303,462
TDW	Tidewater Inc	2,700	$225,585
TGB	Taseko Mines Ltd	32,700	$210,915
No positions match the current search.

Sold Out

Positions the filer fully exited

17 positions

Ticker	Company	Shares	Value
HCA	HCA Healthcare, Inc.	143,644	$67,061,637
HTHT	H World Group Ltd	337,618	$15,884,926
AL	SUMISHO AIR LEASE CORP	130,591	$8,387,859
SNY	Sanofi	10,572	$512,319
ORCL	Oracle Corp	2,613	$509,299
FDX	Fedex Corp	1,653	$477,485
TXN	Texas Instruments Inc	1,849	$320,783
SCHW	Schwab Charles Corp	3,128	$312,518
NET	Cloudflare, Inc.	1,417	$279,361
RSG	Republic Services, Inc.	1,238	$262,369
PYPL	PayPal Holdings, Inc.	4,221	$246,421
BLK	BlackRock, Inc.	222	$237,615
SBUX	Starbucks Corp	2,786	$234,609
WELL	Welltower Inc.	1,237	$229,599
YUM	Yum Brands Inc	1,440	$217,843
ALGN	Align Technology Inc	1,345	$210,021
ET	Energy Transfer LP	10,400	$171,496
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

154 positions · $8,900,595,066 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 154 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AMZN	Amazon Com Inc Consumer Cyclical	Added	2,435,975	+125,908	$507,340,513	−4.9%	5.70%
V	Visa Inc. Financial Services	Added	1,549,069	+73,988	$468,190,614	−9.5%	5.26%
MSFT	Microsoft Corp Technology	Added	1,237,530	+23,205	$458,096,480	−22.0%	5.15%
GOOGL	Alphabet Inc. Communication Services	Reduced	1,539,555	-241,849	$442,714,435	−20.6%	4.97%
FERG	Ferguson Enterprises Inc. /DE/ Industrials	Added	1,864,092	+89,912	$434,818,099	+10.1%	4.89%
CME	Cme Group Inc. Financial Services	Added	1,460,242	+1,064	$431,282,474	+8.2%	4.85%
GEV	GE Vernova Inc. Industrials	Reduced	461,171	-18,488	$402,556,165	+28.4%	4.52%
IBKR	Interactive Brokers Group, Inc. Financial Services	Added	5,915,803	+54,761	$396,772,907	+5.3%	4.46%
GE	General Electric Co Industrials	Reduced	1,383,336	-3,714	$392,549,256	−8.1%	4.41%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	793,472	+7,256	$390,015,292	−14.4%	4.38%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	1,068,039	+7,028	$360,943,780	+11.9%	4.06%
MRSH	Marsh & Mclennan Companies, Inc. Financial Services	Added	2,023,752	+123,752	$351,019,784	−0.4%	3.94%
ICE	Intercontinental Exchange, Inc. Financial Services	Added	2,216,370	+135,163	$348,590,673	+3.4%	3.92%
SNPS	Synopsys Inc Technology	Added	786,829	+71,448	$311,961,961	−7.2%	3.50%
AMD	Advanced Micro Devices Inc Technology	Added	1,484,594	+246,045	$302,010,957	+13.9%	3.39%
YUMC	Yum China Holdings, Inc. Consumer Cyclical	Reduced	6,174,526	-104,128	$301,193,378	+0.5%	3.38%
COF	Capital One Financial Corp Financial Services	Added	1,550,677	+133,957	$282,890,005	−17.6%	3.18%
IBM	International Business Machines Corp Technology	Reduced	1,115,102	-36,127	$270,289,573	−20.7%	3.04%
UNH	Unitedhealth Group Inc Healthcare	Reduced	880,594	-58,359	$238,279,930	−23.1%	2.68%
GRAB	Grab Holdings Ltd Technology	Added	62,656,751	+61,708,751	$229,323,708	+4747.7%	2.58%
URI	United Rentals, Inc. Industrials	Added	287,121	+11,693	$209,184,875	−6.2%	2.35%
GLD	Spdr Gold Trust	Reduced	327,333	-2,308	$140,848,116	+7.8%	1.58%
VMC	Vulcan Materials CO Basic Materials	Added	419,616	+50,490	$114,261,436	+8.5%	1.28%
SHG	Shinhan Financial Group Co Ltd Financial Services	Reduced	1,823,111	-189,604	$111,793,166	+3.6%	1.26%
EXP	Eagle Materials Inc Basic Materials	NEW	532,998	NEW	$100,976,471	NEW	1.13%
SLB	Slb Limited/Nv Energy	Reduced	1,650,084	-159,304	$84,797,816	+22.1%	0.95%
LNG	Cheniere Energy, Inc. Energy	Added	257,519	+46,213	$73,073,591	+77.9%	0.82%
MELI	Mercadolibre Inc Consumer Cyclical	Added	38,855	+6,699	$67,181,072	+3.7%	0.75%
GEHC	GE HealthCare Technologies Inc. Healthcare	Reduced	925,284	-276,911	$65,861,715	−33.2%	0.74%
WEC	Wec Energy Group, Inc. Utilities	Added	513,715	+18,407	$59,472,785	+13.9%	0.67%
NEM	NEWMONT Corp /DE/ Basic Materials	Reduced	530,219	-145,285	$57,396,206	−14.9%	0.64%
QCOM	Qualcomm Inc/De Technology	Reduced	418,282	-171,600	$53,866,355	−46.6%	0.61%
CP	Canadian Pacific Kansas City Ltd/Cn Industrials	Added	630,051	+40,659	$49,559,811	+14.2%	0.56%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	69,137	+3,406	$33,130,450	+0.3%	0.37%
ZTS	Zoetis Inc. Healthcare	Reduced	276,759	-43,694	$32,715,681	−18.9%	0.37%
PWR	Quanta Services, Inc. Industrials	Reduced	48,950	-11,964	$26,874,529	+4.5%	0.30%
SGOL	abrdn Gold ETF Trust	Reduced	574,688	-41,887	$25,642,578	+1.2%	0.29%
AAPL	Apple Inc. Technology	Reduced	99,248	-11,050	$25,188,149	−16.0%	0.28%
WPM	Wheaton Precious Metals Corp. Basic Materials	Held	184,763	0	$24,205,800	+11.5%	0.27%
AXP	American Express Co Financial Services	Reduced	76,913	-46,572	$23,264,644	−49.1%	0.26%
CCJ	Cameco Corp Energy	Held	185,553	0	$20,152,911	+18.7%	0.23%
AIG	American International Group, Inc. Financial Services	Reduced	238,719	-2,303	$17,963,604	−12.9%	0.20%
TPL	Texas Pacific Land Corp Energy	Held	21,966	0	$10,424,184	+65.2%	0.12%
PCAR	Paccar Inc Industrials	Added	88,397	+400	$10,209,853	+5.9%	0.11%
ORLY	O Reilly Automotive Inc Consumer Cyclical	Reduced	87,619	-420,851	$8,088,109	−82.6%	0.09%
INTU	Intuit Inc. Technology	Reduced	18,673	-109,193	$8,073,831	−90.5%	0.09%
KO	Coca Cola Co Consumer Defensive	Reduced	99,318	-15,786	$7,553,133	−6.1%	0.08%
SPY	Spdr S&P 500 ETF Trust	Reduced	9,214	-120	$5,992,232	−5.9%	0.07%
MA	Mastercard Inc Financial Services	Reduced	10,201	-1,235	$5,097,031	−21.9%	0.06%
NVDA	Nvidia Corp Technology	Reduced	27,942	-2,667	$4,873,084	−14.6%	0.05%