AKO Capital
Portfolio value$4.3B
Positions22
QuarterQ2 2026ended 2026-06-30
Filed08/122026
AKO Capital LLP's Q2 2026 13F, filed Aug 12, 2026, reports 22 positions worth $4.3B. The ten largest are 75.8% of the book, led by Alcon Ag at 15.2%, Sunbelt Rentals Holdings Inc at 10.6% and Visa at 7.9%. Against Q1 2026: 0 bought, 5 added to, 17 reduced, 5 sold; the largest moves were reduced Waters (−75%) and added Sunbelt Rentals Holdings Inc (+91%).
Where the money is
ALCSUNBVRACEGEAMZNADIMSFTCSCOCP12 other
Holdings
| Ticker | Issuer | Weight | Value | Q-end → now | Price vs model | Change |
|---|---|---|---|---|---|---|
| ALC | Alcon AG | 15.2% | $651.9M9.7M sh | 67.33 | — | added +4% |
| SUNB | Sunbelt Rentals Holdings INC | 10.6% | $454.5M6.1M sh | 74.81 | — | added +91% |
| V | Visa INC | 7.9% | $338.0M985,126 sh | 343.09 → +17% | 40% overvalued | reduced −17% |
| RACE | Ferrari N V | 7.7% | $328.9M886,360 sh | 371.11 | — | reduced −4% |
| GE | Ge Aerospace | 6.7% | $288.3M771,417 sh | 373.73 → −16% | 101% overvalued | reduced −23% |
| AMZN | Amazon Com INC | 6.3% | $272.1M1.1M sh | 238.34 → +5% | 182% overvalued | reduced −34% |
| ADI | Analog Devices INC | 5.7% | $245.0M616,881 sh | 397.17 → −0% | 99% overvalued | reduced −40% |
| MSFT | Microsoft Corp | 5.5% | $234.3M628,224 sh | 373.02 → +42% | 10% overvalued | reduced −15% |
| CSCO | Cisco Sys INC | 5.4% | $231.6M2.0M sh | 117.46 → −9% | 62% overvalued | reduced −35% |
| CP | Canadian Pacific Kansas City | 4.9% | $210.2M2.4M sh | 86.65 | — | reduced −12% |
| MCO | Moodys Corp | 4.5% | $193.8M427,920 sh | 452.92 → +7% | 100% overvalued | reduced −16% |
| APD | Air Products And Chemicals I | 3.8% | $162.2M553,359 sh | 293.18 → +2% | 9% overvalued | added +137% |
| FICO | Fair Isaac Corp | 2.9% | $123.8M103,619 sh | 1,194.78 → −35% | at model | reduced −19% |
| ICE | Intercontinental Exchange In | 2.9% | $123.5M1.0M sh | 123.11 → +31% | 39% overvalued | reduced −46% |
| WMB | Williams Cos INC | 2.6% | $110.5M1.5M sh | 74.34 → −4% | 97% overvalued | reduced −16% |
| MA | Mastercard Incorporated | 2.3% | $97.6M189,941 sh | 513.60 → +20% | 15% overvalued | added +22% |
| WAT | Waters Corp | 1.8% | $76.3M203,356 sh | 375.04 → +17% | 73% overvalued | reduced −75% |
| CSL | Carlisle Cos INC | 1.6% | $69.4M191,414 sh | 362.75 | — | reduced −5% |
| LIN | Linde PLC | 0.8% | $33.6M64,789 sh | 518.95 → −4% | 72% overvalued | reduced −52% |
| EFX | Equifax INC | 0.5% | $21.3M134,439 sh | 158.72 → +2% | 39% overvalued | reduced −67% |
| CPRT | Copart INC | 0.4% | $18.5M656,567 sh | 28.19 → −1% | 5% overvalued | added +140% |
| SYK | Stryker Corporation | 0.2% | $6.5M20,624 sh | 314.83 → −6% | 13% overvalued | reduced −92% |
Source: the manager's Form 13F-HR on SEC EDGAR, kept as immutable quarterly snapshots; changes compare two consecutive filings. A 13F is filed up to 45 days after quarter end and covers US-listed long positions only. Tickers come from a self-maintained CUSIP map; a position without one shows its CUSIP. Method notes in where the numbers come from.