AKO Capital
Q2 2026 versus Q1 2026: 0 bought, 5 added to, 17 reduced, 5 sold. By dollars, the largest buy was Sunbelt Rentals Holdings Inc, $216.2M more at the quarter-end price; the largest sale Waters, $230.1M less. Net, $1.3B more sold than bought. What every tracked investor did in Q2 2026.
Every move, largest first
| Ticker | Issuer | Move | Shares Q1 2026 → Q2 2026 | Bought / sold | Of the portfolio | Weight now | Price vs model |
|---|---|---|---|---|---|---|---|
| WAT | Waters Corp | reduced −75% | 816,929 → 203,356 | −$230.1M | −5.36% | 1.8% | 73% overvalued |
| SUNB | Sunbelt Rentals Holdings INC | added +91% | 3.2M → 6.1M | +$216.2M | +5.04% | 10.6% | — |
| BKNG | Booking Holdings INC | sold | 1.2M → 0 | −$210.2M | −4.90% | — | — |
| ADI | Analog Devices INC | reduced −40% | 1.0M → 616,881 | −$163.9M | −3.82% | 5.7% | 99% overvalued |
| AMZN | Amazon Com INC | reduced −34% | 1.7M → 1.1M | −$140.5M | −3.27% | 6.3% | 182% overvalued |
| CSCO | Cisco Sys INC | reduced −35% | 3.0M → 2.0M | −$125.9M | −2.93% | 5.4% | 62% overvalued |
| ICE | Intercontinental Exchange In | reduced −46% | 1.9M → 1.0M | −$106.4M | −2.48% | 2.9% | 39% overvalued |
| APD | Air Products And Chemicals I | added +137% | 233,356 → 553,359 | +$93.8M | +2.19% | 3.8% | 9% overvalued |
| GE | Ge Aerospace | reduced −23% | 996,847 → 771,417 | −$84.3M | −1.96% | 6.7% | 101% overvalued |
| SYK | Stryker Corporation | reduced −92% | 249,883 → 20,624 | −$72.2M | −1.68% | 0.2% | 13% overvalued |
| V | Visa INC | reduced −17% | 1.2M → 985,126 | −$69.2M | −1.61% | 7.9% | 40% overvalued |
| CRM | Salesforce INC | sold | 354,805 → 0 | −$66.2M | −1.54% | — | — |
| FLUT | Flutter Entmt PLC | sold | 487,027 → 0 | −$49.7M | −1.16% | — | — |
| MRSH | Marsh & Mclennan Cos INC | sold | 261,527 → 0 | −$45.4M | −1.06% | — | — |
| EFX | Equifax INC | reduced −67% | 403,774 → 134,439 | −$42.7M | −1.00% | 0.5% | 39% overvalued |
| MSFT | Microsoft Corp | reduced −15% | 735,214 → 628,224 | −$39.9M | −0.93% | 5.5% | 10% overvalued |
| MCO | Moodys Corp | reduced −16% | 510,824 → 427,920 | −$37.5M | −0.87% | 4.5% | 100% overvalued |
| LIN | Linde PLC | reduced −52% | 134,631 → 64,789 | −$36.2M | −0.84% | 0.8% | 72% overvalued |
| FICO | Fair Isaac Corp | reduced −19% | 127,212 → 103,619 | −$28.2M | −0.66% | 2.9% | at model |
| CP | Canadian Pacific Kansas City | reduced −12% | 2.7M → 2.4M | −$27.9M | −0.65% | 4.9% | — |
| ALC | Alcon AG | added +4% | 9.3M → 9.7M | +$24.1M | +0.56% | 15.2% | — |
| WMB | Williams Cos INC | reduced −16% | 1.8M → 1.5M | −$21.5M | −0.50% | 2.6% | 97% overvalued |
| MA | Mastercard Incorporated | added +22% | 155,592 → 189,941 | +$17.6M | +0.41% | 2.3% | 15% overvalued |
| RACE | Ferrari N V | reduced −4% | 926,523 → 886,360 | −$14.9M | −0.35% | 7.7% | — |
| CPRT | Copart INC | added +140% | 274,058 → 656,567 | +$10.8M | +0.25% | 0.4% | 5% overvalued |
| CSL | Carlisle Cos INC | reduced −5% | 201,377 → 191,414 | −$3.6M | −0.08% | 1.6% | — |
| RELX | Relx PLC | sold | 23,447 → 0 | −$777,000 | −0.02% | — | — |
Bought / sold is the change in shares × the quarter's reported price (value ÷ shares in the filing); a position sold out is priced at the quarter before, since it has no price in this one. “Of the portfolio” is that amount against this quarter's reported book.
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.