M&G PLC

CIK

1802539

Location

London, X0

Portfolio Value

Small $404,412,099

Diversification

Diversified

Filing Date

Global Rank

#221 / 8,420 ▲ 86

Top Industry

Software - Infrastructure 8.7%

3Y Alpha vs SPY

-7.0%

Period ended 6 months ago

Filed Feb 12, 2026 · 4mo

8 quarters · since Mar 2024

Clone Performance

May 2024–Jun 2026 · vs SPY

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

Cloned portfolio

+26.5%

SPY

+43.4%

Annualised alpha

-7.0%

Max drawdown

−17.3%

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

342 positions · as of Dec 31, 2025 · Δ vs Sep 30, 2025

Top Position

6.7%

−0.4 pts

Top 5

18.2%

−0.5 pts

Top 10

27.8%

−0.2 pts

HHI

157

Diversified−7

Portfolio Trend

8 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2025

Sector	% Portfolio	Value	Positions
Technology	24.7%	$4,347,299,875	63
Healthcare	14.6%	$2,574,297,678	48
Financial Services	14.3%	$2,517,849,958	50
Consumer Cyclical	12.4%	$2,185,971,839	37
Communication Services	7.2%	$1,272,395,220	14
Industrials	6.4%	$1,128,657,180	37
Basic Materials	5.2%	$915,027,827	12
Energy	4.6%	$807,189,037	14
Utilities	4.5%	$798,322,030	15
Real Estate	3.6%	$627,133,503	33
Consumer Defensive	2.3%	$404,412,099	18
Unclassified	0.0%	$2,838,268	1

Last Quarter's Activity

Export CSV

Dec 31, 2025 vs Sep 30, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
VFC	V F Corp	+2,925,782	25,550,701	$461,956,674
BALL	BALL Corp	+1,648,303	2,326,812	$123,251,231
STLA	Stellantis N.V.	+979,318	4,365,673	$47,542,178
KOS	Kosmos Energy Ltd.	+758,779	8,736,923	$7,950,599
BN	BROOKFIELD Corp /ON/	+608,977	1,753,313	$80,459,533
QCOM	Qualcomm Inc/De	+569,456	1,817,789	$310,932,807
WFC	Wells Fargo & Company/Mn	+518,600	3,464,877	$322,926,536
ATHM	Autohome Inc.	+413,287	3,420,121	$76,131,893
UBS	UBS Group AG	+389,283	4,500,778	$208,431,029
AVGO	Broadcom Inc.	+376,961	792,181	$274,173,844
OWL	Blue Owl Capital Inc.	+317,131	1,852,491	$27,676,215
WY	Weyerhaeuser Co	+282,498	2,740,420	$64,920,549
CARR	CARRIER GLOBAL Corp	+269,882	661,373	$34,946,949
BMY	Bristol Myers Squibb Co	+250,293	7,135,481	$384,887,845
BUR	Burford Capital Ltd	+179,615	1,185,249	$10,572,421
ZTS	Zoetis Inc.	+155,160	275,127	$34,616,479
LAR	Lithium Argentina AG	+151,958	1,401,219	$7,818,802
ARES	Ares Management Corp	+146,699	1,219,112	$197,045,072
MOS	Mosaic Co	+144,769	348,631	$8,398,520
RNW	ReNew Energy Global plc	+141,952	1,845,282	$10,425,843
BXSL	Blackstone Secured Lending Fund	+125,000	300,000	$7,899,000
GRMN	Garmin Ltd	+122,777	354,249	$71,859,409
MSFT	Microsoft Corp	+118,323	2,423,543	$1,172,073,865
BEKE	KE Holdings Inc.	+112,352	654,798	$10,319,616
NOW	ServiceNow, Inc.	+112,023	127,465	$19,526,362
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
AES	Aes Corp	−1,386,329	2,014,753	$28,891,558
LRCX	Lam Research Corp	−603,806	1,148,445	$196,590,815
HTHT	H World Group Ltd	−548,121	6,006,941	$282,626,574
KO	Coca Cola Co	−457,976	253,129	$17,696,248
ELV	Elevance Health, Inc.	−386,133	628,980	$220,488,939
CVE	Cenovus Energy Inc.	−341,924	3,345,588	$56,607,348
EIX	Edison International	−330,636	585,094	$35,117,341
MDT	Medtronic plc	−308,431	2,533,791	$243,395,963
CCJ	Cameco Corp	−281,951	638,539	$58,419,933
JCI	Johnson Controls International plc	−251,375	2,383,468	$285,420,293
WRD	WeRide Inc.	−237,078	749,943	$6,509,505
AMZN	Amazon Com Inc	−228,826	578,760	$133,589,383
ATAT	Atour Lifestyle Holdings Ltd	−214,903	2,810,379	$110,728,932
CSX	Csx Corp	−195,821	3,626,457	$131,459,066
FSK	FS KKR Capital Corp	−180,000	315,000	$4,665,150
CCI	Crown Castle Inc.	−175,982	382,207	$33,966,736
HDB	Hdfc Bank Ltd	−167,265	6,804,212	$248,625,906
FER	Ferrovial N.V.	−160,658	520,190	$33,609,475
NEE	Nextera Energy Inc	−159,724	4,778,847	$383,645,837
WAL	Western Alliance Bancorporation	−150,735	99,556	$8,369,672
DGX	Quest Diagnostics Inc	−145,325	945,052	$163,994,873
BAC	Bank Of America Corp /De/	−144,477	157,413	$8,657,715
TRP	Tc Energy Corp	−141,789	1,034,888	$56,929,188
IP	International Paper Co /New/	−131,782	3,051,194	$120,186,531
GOOGL	Alphabet Inc.	−130,423	1,521,081	$476,098,353
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
TTE	TotalEnergies SE	3,309,468	$216,505,396
MICC	Magnum Ice Cream Co N.V.	7,878,979	$124,881,817
DEC	Diversified Energy Co	1,915,325	$27,733,906
TMUS	T-Mobile US, Inc.	122,305	$24,832,807
KSS	KOHLS Corp	811,255	$16,557,714
AXSM	Axsome Therapeutics, Inc.	90,328	$16,497,505
CRGO	Freightos Ltd	6,871,094	$15,666,094
RYTM	Rhythm Pharmaceuticals, Inc.	137,074	$14,672,400
CLS	Celestica Inc	49,003	$14,485,776
FRMI	Fermi Inc.	1,805,415	$14,443,320
MTB	M&T Bank Corp	71,303	$14,366,128
ATEC	Alphatec Holdings, Inc.	669,266	$14,081,356
LRN	Stride, Inc.	215,483	$13,991,311
GLW	Corning Inc /Ny	157,870	$13,823,097
CHTR	Charter Communications, Inc. /Mo/	65,750	$13,725,312
FMC	Fmc Corp	989,370	$13,722,561
QFIN	Qfin Holdings, Inc.	701,640	$13,520,602
COCO	Vita Coco Company, Inc.	253,012	$13,412,166
DOCS	Doximity, Inc.	301,952	$13,370,434
SFM	Sprouts Farmers Market, Inc.	166,943	$13,300,348
OLED	Universal Display Corp \Pa\	113,400	$13,242,852
DY	Dycom Industries Inc	38,917	$13,150,054
PII	Polaris Inc.	200,071	$12,654,490
VRSK	Verisk Analytics, Inc.	54,994	$12,301,607
RVMD	Revolution Medicines, Inc.	88,952	$7,085,026
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
MLM	Martin Marietta Materials Inc	60,657	$38,230,893
ARE	Alexandria Real Estate Equities, Inc.	445,829	$37,155,388
FERG	Ferguson Enterprises Inc. /DE/	101,353	$22,761,856
GEV	GE Vernova Inc.	25,022	$15,386,027
CVNA	Carvana Co.	36,157	$13,639,866
HBM	Hudbay Minerals Inc.	899,304	$13,633,448
DASH	DoorDash, Inc.	47,857	$13,016,625
VIK	Viking Holdings Ltd	197,365	$12,268,208
EMN	Eastman Chemical Co	193,563	$12,204,147
KEYS	Keysight Technologies, Inc.	69,170	$12,099,216
IRDM	Iridium Communications Inc.	680,857	$11,887,763
HALO	Halozyme Therapeutics, Inc.	160,435	$11,766,302
SE	Sea Ltd	63,121	$11,281,616
TME	Tencent Music Entertainment Group	476,271	$11,116,165
ALGN	Align Technology Inc	87,229	$10,922,815
EXAS	EXACT SCIENCES CORP	198,968	$10,885,539
WWW	Wolverine World Wide Inc /De/	393,271	$10,791,356
INSP	Inspire Medical Systems, Inc.	144,960	$10,756,032
CCOI	Cogent Communications Holdings, Inc.	256,041	$9,819,172
TOST	Toast, Inc.	258,872	$9,451,416
HELE	Helen Of Troy Ltd	330,309	$8,323,786
BCC	BOISE CASCADE Co	106,699	$8,249,966
REGN	Regeneron Pharmaceuticals, Inc.	14,026	$7,886,399
RELY	Remitly Global, Inc.	459,560	$7,490,828
INTA	Intapp, Inc.	165,926	$6,786,373
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

18 positions · $404,412,099 total · Consumer Defensive only · as of Dec 31, 2025

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
KVUE	Kenvue Inc. Consumer Defensive	Added	8,135,231	+105,091	$140,332,734	+7.7%	34.70%
MICC	Magnum Ice Cream Co N.V. Consumer Defensive	NEW	7,878,979	NEW	$124,881,817	NEW	30.88%
KR	Kroger Co Consumer Defensive	Added	346,955	+32,267	$21,677,748	+2.2%	5.36%
KO	Coca Cola Co Consumer Defensive	Reduced	253,129	-457,976	$17,696,248	−62.5%	4.38%
TAP	Molson Coors Beverage Co Consumer Defensive	Added	331,474	+13,939	$15,473,206	+7.7%	3.83%
LRN	Stride, Inc. Consumer Defensive	NEW	215,483	NEW	$13,991,311	NEW	3.46%
COCO	Vita Coco Company, Inc. Consumer Defensive	NEW	253,012	NEW	$13,412,166	NEW	3.32%
SFM	Sprouts Farmers Market, Inc. Consumer Defensive	NEW	166,943	NEW	$13,300,348	NEW	3.29%
MDLZ	Mondelez International, Inc. Consumer Defensive	Added	221,241	+12,195	$11,909,403	−8.8%	2.94%
CCEP	COCA-COLA EUROPACIFIC PARTNERS plc Consumer Defensive	Added	116,843	+35,046	$10,597,660	+43.3%	2.62%
COTY	Coty Inc. Consumer Defensive	Added	1,564,154	+55,196	$4,817,594	−21.0%	1.19%
WMT	Walmart Inc. Consumer Defensive	Reduced	42,424	-41,076	$4,726,457	−45.1%	1.17%
SFD	Smithfield Foods Inc Consumer Defensive	NEW	197,823	NEW	$4,417,387	NEW	1.09%
CL	Colgate Palmolive Co Consumer Defensive	Reduced	39,079	-1,337	$3,088,022	−4.4%	0.76%
PEP	Pepsico Inc Consumer Defensive	Held	12,867	0	$1,846,671	+2.2%	0.46%
COST	Costco Wholesale Corp /New Consumer Defensive	Held	1,445	0	$1,246,081	−6.8%	0.31%
TGT	Target Corp Consumer Defensive	Held	8,077	0	$789,526	+9.0%	0.20%
DAR	Darling Ingredients Inc. Consumer Defensive	Held	5,770	0	$207,720	+16.6%	0.05%