ROYAL LONDON ASSET MANAGEMENT LTD
Non-USCIK
863748
Location
UNITED KINGDOM, X0
Portfolio Value
Large
$54,360,276,317
Diversification
Diversified
Filing Date
Global Rank
#178
/ 8,818
▼ 5
Top Industry
Semiconductors
16.6%
Period ended 4 months ago
Filed Aug 13, 2026 · 3mo
26 quarters · since Mar 2020
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Holder type
Non-US
Schedule 13G, Jan 8, 2024
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.
Style
Diversified active
Top 10 weight 37.1%, 51.8 effective positions, active share 23.2% against the S&P 500 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests
Turnover
Low turnover
13.1% over the last four quarters (under 30%)
Horizon
Long horizon
Value-weighted holding period 22.9 quarters (12+), a floor since 79.0% of the book was already held when coverage starts
Closest benchmark: the S&P 500 as of 2026-06-30, active share 23.2%; sector active share 14.2% against the combined 13F book's sector weights.
Over time 26 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
678 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Top Position
6.6%
+0.1 pts
Top 5
26.0%
−0.0 pts
Top 10
37.1%
+0.2 pts
HHI
193
Diversified+4
Portfolio Trend
26 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 35.1% | $19,064,158,407 |
| Healthcare | 12.6% | $6,850,573,546 |
| Financial Services | 11.8% | $6,413,294,044 |
| Industrials | 9.6% | $5,199,727,262 |
| Consumer Cyclical | 9.3% | $5,081,948,221 |
| Communication Services | 9.1% | $4,970,061,873 |
| Consumer Defensive | 3.9% | $2,107,119,967 |
| Energy | 3.2% | $1,728,274,361 |
| Basic Materials | 2.3% | $1,275,659,703 |
| Utilities | 1.6% | $874,972,535 |
| Real Estate | 1.4% | $782,183,628 |
| Unclassified | 0.0% | $12,302,770 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| SBS | Companhia De Saneamento Basico Do Estado De Sao Paulo-Sabesp | +17,895,927 | 20,552,459 | $118,793,213 | |
| QXO | QXO, Inc. | +1,501,812 | 2,884,768 | $49,848,791 | |
| DVN | Devon Energy Corp | +1,413,234 | 1,684,956 | $69,622,381 | |
| TTE | TotalEnergies SE | +1,093,705 | 3,234,658 | $251,527,006 | |
| DHR | Danaher Corp | +681,996 | 1,007,284 | $191,867,456 | |
| KLAC | Kla Corp | +643,853 | 717,115 | $216,360,766 | |
| RPRX | Royalty Pharma plc | +511,242 | 4,319,595 | $242,199,691 | |
| APG | APi Group Corp | +499,055 | 3,570,979 | $151,230,960 | |
| TAP | Molson Coors Beverage Co | +440,896 | 2,780,900 | $108,343,864 | |
| WPM | Wheaton Precious Metals Corp. | +413,859 | 1,040,429 | $116,860,985 | |
| AAPL | Apple Inc. | +355,942 | 10,335,156 | $2,990,580,740 | |
| ALC | Alcon Inc | +355,611 | 457,605 | $30,705,295 | |
| V | Visa Inc. | +310,906 | 2,550,065 | $874,901,800 | |
| NXT | Nextpower Inc. | +238,300 | 1,796,811 | $214,072,062 | |
| CVNA | Carvana Co. | +236,574 | 295,849 | $19,472,781 | |
| MCO | Moodys Corp | +234,640 | 319,889 | $144,884,125 | |
| BWA | Borgwarner Inc | +221,908 | 1,487,868 | $98,794,435 | |
| FERG | Ferguson Enterprises Inc. | +220,168 | 919,100 | $218,130,003 | |
| HALO | Halozyme Therapeutics, Inc. | +200,262 | 1,810,815 | $141,732,490 | |
| LYB | LyondellBasell Industries N.V. | +187,142 | 275,583 | $14,509,444 | |
| CIEN | Ciena Corp | +183,825 | 318,654 | $156,318,906 | |
| NET | Cloudflare, Inc. | +183,183 | 386,929 | $94,905,945 | |
| NBIS | Nebius Group N.V. | +172,484 | 195,210 | $53,911,145 | |
| CB | Chubb Ltd | +171,040 | 705,898 | $240,527,684 | |
| CME | Cme Group Inc. | +167,126 | 716,972 | $158,328,926 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| SUNB | Sunbelt Rentals Holdings, Inc. | −2,336,373 | 192,610 | $14,409,154 | |
| KMI | Kinder Morgan, Inc. | −630,558 | 4,739,835 | $151,532,524 | |
| CMCSA | Comcast Corp | −499,654 | 1,750,392 | $42,972,123 | |
| INTC | Intel Corp | −431,955 | 4,166,552 | $581,775,655 | |
| TSN | Tyson Foods, Inc. | −369,829 | 150,727 | $8,629,120 | |
| AVGO | Broadcom Inc. | −299,988 | 3,763,485 | $1,421,656,458 | |
| CHD | Church & Dwight Co Inc | −299,125 | 202,812 | $19,648,426 | |
| FTNT | Fortinet, Inc. | −281,589 | 841,090 | $129,208,245 | |
| CNM | Core & Main, Inc. | −264,028 | 5,488,673 | $264,828,472 | |
| HDB | Hdfc Bank Ltd | −247,598 | 2,413,642 | $62,344,372 | |
| CSGP | Costar Group, Inc. | −244,476 | 187,394 | $5,306,998 | |
| — | −242,510 | 254,264 | $90,144,215 | ||
| CMG | Chipotle Mexican Grill Inc | −223,344 | 597,250 | $20,306,500 | |
| AGCO | Agco Corp | −205,475 | 988,533 | $118,327,400 | |
| ADSK | Autodesk, Inc. | −173,112 | 261,537 | $50,848,023 | |
| WRB | Berkley W R Corp | −169,334 | 2,115,249 | $149,188,511 | |
| CDW | CDW Corp | −166,637 | 88,052 | $12,383,633 | |
| LAD | Lithia Motors Inc | −160,649 | 76,408 | $22,195,759 | |
| NKE | NIKE, Inc. | −157,918 | 507,236 | $20,822,037 | |
| HON | Honeywell International Inc | −144,884 | 140,649 | $31,491,311 | |
| MICC | Magnum Ice Cream Co N.V. | −144,659 | 1,079,369 | $18,791,814 | |
| TSCO | Tractor Supply Co | −140,190 | 248,751 | $7,863,019 | |
| AZN | Astrazeneca PLC | −138,537 | 10,161,026 | $1,926,733,750 | |
| STE | STERIS plc | −133,791 | 423,135 | $89,099,536 | |
| VRT | Vertiv Holdings Co | −110,194 | 651,474 | $218,126,524 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
14 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| ARM | Arm Holdings PLC | 214,787 | $76,157,026 | |
| SPCX | Space Exploration Technologies Corp | 195,316 | $33,371,691 | |
| HONA | Honeywell Aerospace Inc. | 140,649 | $31,094,680 | |
| MIR | Mirion Technologies, Inc. | 1,176,241 | $21,090,001 | |
| FDXF | FedEx Freight Holding Company, Inc. | 45,237 | $6,830,787 | |
| YMM | Full Truck Alliance Co. Ltd. | 677,500 | $5,501,300 | |
| AUGO | Aura Minerals Inc. | 40,400 | $2,543,180 | |
| WSE | Wise Group plc | 211,055 | $2,513,665 | |
| VGNT | Versigent PLC | 44,648 | $1,875,662 | |
| CRCL | Circle Internet Group, Inc. | 15,119 | $946,902 | |
| TSEM | Tower Semiconductor Ltd | 2,044 | $532,748 | |
| FN | Fabrinet | 826 | $464,278 | |
| MTZ | Mastec Inc | 283 | $117,744 | |
| CDE | Coeur Mining, Inc. | 4,400 | $71,808 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
24 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| — | 1,924,481 | $67,626,262 | ||
| WSC | WillScot Holdings Corp | 2,467,235 | $42,831,199 | |
| IBP | Installed Building Products, Inc. | 143,207 | $37,971,336 | |
| BJ | BJ's Wholesale Club Holdings, Inc. | 246,248 | $24,235,728 | |
| — | 121,861 | $9,211,473 | ||
| SOLS | Solstice Advanced Materials Inc. | 62,874 | $4,788,483 | |
| MOH | Molina Healthcare, Inc. | 26,191 | $3,491,260 | |
| VSNT | Versant Media Group, Inc. | 79,163 | $2,930,614 | |
| PAYC | Paycom Software, Inc. | 20,896 | $2,539,699 | |
| ATHM | Autohome Inc. | 68,500 | $1,189,845 | |
| QFIN | Qfin Holdings, Inc. | 61,600 | $795,256 | |
| AFG | American Financial Group Inc | 6,023 | $769,197 | |
| POOL | Pool Corp | 3,163 | $639,969 | |
| ACM | Aecom | 6,821 | $578,557 | |
| DKNG | DraftKings Inc. | 15,632 | $337,963 | |
| ZBRA | Zebra Technologies Corp | 1,482 | $309,856 | |
| BLDR | Builders FirstSource, Inc. | 3,095 | $254,811 | |
| UHS | Universal Health Services Inc | 1,371 | $245,367 | |
| OTEX | Open Text Corp | 10,806 | $240,325 | |
| UDR | UDR, Inc. | 6,679 | $225,616 | |
| OKLO | Oklo Inc. | 4,044 | $200,541 | |
| SNAP | Snap Inc | 33,894 | $155,912 | |
| DOC | Healthpeak Properties, Inc. | 7,999 | $131,423 | |
| MNDY | monday.com Ltd. | 1,652 | $114,169 | |
| No positions match the current search. | ||||
678 tracked positions ·
$54,360,276,317 total
· filing declares
678 positions · $54,279,897,983
· as of Jun 30, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 678 positions by value
· page 1 of 14
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| NVDA |
Nvidia Corp
Technology
|
Added | 17,986,795 | $3,598,977,811 | 6.62% | |
| AAPL |
Apple Inc.
Technology
|
Added | 10,335,156 | $2,990,580,740 | 5.50% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Added | 7,081,882 | $2,530,852,170 | 4.66% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 5,802,929 | $2,164,608,575 | 3.98% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Added | 8,904,735 | $2,122,354,539 | 3.90% | |
| AZN |
Astrazeneca PLC
Healthcare
|
Reduced | 10,161,026 | $1,926,733,750 | 3.54% | |
| AVGO |
Broadcom Inc.
Technology
|
Reduced | 3,763,485 | $1,421,656,458 | 2.62% | |
| MU |
Micron Technology Inc
Technology
|
Reduced | 895,924 | $1,034,156,113 | 1.90% | |
| V |
Visa Inc.
Financial Services
|
Added | 2,550,065 | $874,901,800 | 1.61% | |
| LLY |
ELI LILLY & Co
Healthcare
|
Reduced | 645,864 | $774,668,722 | 1.43% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Reduced | 1,322,699 | $745,063,119 | 1.37% | |
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
Technology
|
Reduced | 1,521,260 | $726,508,138 | 1.34% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Reduced | 2,189,863 | $716,807,855 | 1.32% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Reduced | 2,007,007 | $709,135,783 | 1.30% | |
| TSLA |
Tesla, Inc.
Consumer Cyclical
|
Added | 1,576,565 | $663,103,239 | 1.22% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
Reduced | 1,020,521 | $592,830,854 | 1.09% | |
| INTC |
Intel Corp
Technology
|
Reduced | 4,166,552 | $581,775,655 | 1.07% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Reduced | 943,362 | $472,048,911 | 0.87% | |
| CSCO |
Cisco Systems, Inc.
Technology
|
Added | 3,297,324 | $387,303,677 | 0.71% | |
| MRK |
Merck & Co., Inc.
Healthcare
|
Added | 2,987,037 | $383,834,254 | 0.71% | |
| MELI |
Mercadolibre Inc
Consumer Cyclical
|
Reduced | 209,028 | $354,802,036 | 0.65% | |
| ABBV |
AbbVie Inc.
Healthcare
|
Reduced | 1,342,483 | $337,822,422 | 0.62% | |
| AMAT |
Applied Materials Inc
Technology
|
Reduced | 460,003 | $332,582,169 | 0.61% | |
| TXN |
Texas Instruments Inc
Technology
|
Added | 1,089,192 | $324,655,459 | 0.60% | |
| UNH |
Unitedhealth Group Inc
Healthcare
|
Reduced | 745,305 | $309,771,117 | 0.57% | |
| LIN |
Linde PLC
Basic Materials
|
Added | 587,555 | $304,905,791 | 0.56% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Reduced | 1,189,474 | $302,090,711 | 0.56% | |
| XOM |
ExxonMobil Holdings Corp
Energy
|
Reduced | 2,206,288 | $301,643,695 | 0.55% | |
| LRCX |
Lam Research Corp
Technology
|
Reduced | 661,673 | $286,722,761 | 0.53% | |
| HD |
Home Depot, Inc.
Consumer Cyclical
|
Added | 810,136 | $285,718,764 | 0.53% | |
| FIX |
Comfort Systems USA Inc
Industrials
|
Added | 141,047 | $279,548,101 | 0.51% | |
| CNM |
Core & Main, Inc.
Industrials
|
Reduced | 5,488,673 | $264,828,472 | 0.49% | |
| CAT |
Caterpillar Inc
Industrials
|
Reduced | 243,317 | $259,108,273 | 0.48% | |
| WAB |
Westinghouse Air Brake Technologies Corp
Industrials
|
Reduced | 960,916 | $259,062,953 | 0.48% | |
| GS |
Goldman Sachs Group Inc
Financial Services
|
Reduced | 249,777 | $252,616,964 | 0.46% | |
| TTE |
TotalEnergies SE
Energy
|
Added | 3,234,658 | $251,527,006 | 0.46% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Added | 1,713,412 | $251,254,735 | 0.46% | |
| STLD |
Steel Dynamics Inc
Basic Materials
|
Reduced | 1,082,794 | $248,457,911 | 0.46% | |
| RPRX |
Royalty Pharma plc
Healthcare
|
Added | 4,319,595 | $242,199,691 | 0.45% | |
| CB |
Chubb Ltd
Financial Services
|
Added | 705,898 | $240,527,684 | 0.44% | |
| WMT |
Walmart Inc.
Consumer Defensive
|
Reduced | 2,123,512 | $240,508,969 | 0.44% | |
| HCA |
HCA Healthcare, Inc.
Healthcare
|
Added | 604,401 | $235,649,905 | 0.43% | |
| PM |
Philip Morris International Inc.
Consumer Defensive
|
Reduced | 1,213,109 | $219,463,549 | 0.40% | |
| FERG |
Ferguson Enterprises Inc.
Industrials
|
Added | 919,100 | $218,130,003 | 0.40% | |
| VRT |
Vertiv Holdings Co
Industrials
|
Reduced | 651,474 | $218,126,524 | 0.40% | |
| COST |
Costco Wholesale Corp
Consumer Defensive
|
Reduced | 232,968 | $217,934,574 | 0.40% | |
| TMO |
Thermo Fisher Scientific Inc.
Healthcare
|
Reduced | 433,314 | $217,246,307 | 0.40% | |
| KLAC |
Kla Corp
Technology
|
Added | 717,115 | $216,360,766 | 0.40% | |
| NXT |
Nextpower Inc.
Technology
|
Added | 1,796,811 | $214,072,062 | 0.39% | |
| ADI |
Analog Devices Inc
Technology
|
Reduced | 521,402 | $207,085,232 | 0.38% |
Showing the top 50 of 678 positions. Create a free account to see every position, past quarters, search, filters and CSV export.
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.