London & Capital Asset Management Ltd

CIK

1767559

Location

London, X0

Portfolio Value

Mid $8,900,595,066

Diversification

Diversified

Filing Date

Global Rank

#456 / 8,623 ▼ 4 · as of Mar 2026

Top Industry

Financial Data & Stock Exchanges 9.0%

3Y Alpha vs SPY

-7.2%

Period ended 4 months ago

Filed May 15, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical 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

+37.5%

SPY

+65.3%

Annualised alpha

-7.1%

Max drawdown

−16.1%

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

154 tracked 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	Trekor Metals 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 tracked positions · $8,900,595,066 total · filing declares 223 positions · $9,182,376,658 · 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%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.