~10–11% since 1979
Portfolio value
$64.3B
Positions
126
Top 5 concentration
11%
New buys this quarter
1
| Stock | Move | % of portfolio | Value |
|---|---|---|---|
| $GOOG Alphabet, Inc. | Held | 2.8% | $1.8B |
| $BDX Becton Dickinson & Co. | Added | 2.4% | $1.5B |
| $005935.KS Samsung Electronics Co. Ltd. | Held | 2.3% | $1.5B |
| $META Meta Platforms, Inc. | Held | 2% | $1.3B |
| $BATS.L British American Tobacco plc | Held | 1.9% | $1.2B |
| $ELV Elevance Health, Inc. | Held | 1.7% | $1.1B |
| $MC.PA LVMH Moet Hennessy Louis Vuitton SE | Held | 1.6% | $1.0B |
| $SLB SLB Ltd. | Held | 1.6% | $1.0B |
| $PRX.AS Prosus NV | Added | 1.6% | $1.0B |
| $MRK.DE Merck KGaA | Held | 1.6% | $1.0B |
| $WDAY Workday, Inc. | Added | 1.5% | $979M |
| $ADP Automatic Data Processing, Inc. | Held | 1.5% | $972M |
| $CRM Salesforce, Inc. | Added | 1.4% | $915M |
| $ORCL Oracle Corp. | Added | 1.4% | $912M |
| $DSY.PA Dassault Systemes SE | Held | 1.4% | $905M |
| $WY Weyerhaeuser Co. | Added | 1.4% | $902M |
| $IMO.TO Imperial Oil Ltd. | Held | 1.4% | $890M |
| $HCA HCA Healthcare, Inc. | Held | 1.4% | $880M |
| $BNY Bank of New York Mellon Corp. (The) | Trimmed | 1.4% | $876M |
| $FMX Fomento Economico Mexicano SAB de CV | Held | 1.3% | $855M |
| $CFR.SW Cie Financiere Richemont SA | Trimmed | 1.3% | $845M |
| $WTW Willis Towers Watson plc | Held | 1.3% | $844M |
| $SHEL.L Shell plc | Held | 1.3% | $832M |
| $NESN.SW Nestle SA | Held | 1.2% | $796M |
| $6273.T SMC Corp. | Held | 1.2% | $792M |
| $MDT Medtronic plc | Added | 1.2% | $773M |
| $TSM Taiwan Semiconductor Manufacturing Co. Ltd. | Held | 1.1% | $736M |
| $PM Philip Morris International, Inc. | Trimmed | 1.1% | $736M |
| $RKT.L Reckitt Benckiser Group plc | Added | 1.1% | $735M |
| $ULVR.L Unilever plc | Held | 1.1% | $734M |
| $8725.T MS&AD Insurance Group Holdings, Inc. | Held | 1.1% | $714M |
| $POW.TO Power Corp. of Canada | Held | 1.1% | $711M |
| $WALMEX.MX Wal-Mart de Mexico SAB de CV | Added | 1.1% | $686M |
| $BKNG Booking Holdings, Inc. | New buy | 1% | $670M |
| $XOM ExxonMobil Holdings Corp. | Held | 1% | $665M |
| $MSFT Microsoft Corp. | Added | 1% | $650M |
| $033780.KS KT&G Corp. | Held | 1% | $649M |
| $HLN.L Haleon plc | Added | 1% | $647M |
| $6861.T Keyence Corp. | Held | 1% | $631M |
| $BIO Bio-Rad Laboratories, Inc. | Held | 1% | $611M |
| $032830.KS Samsung Life Insurance Co. Ltd. | Held | 0.9% | $609M |
| $CMCSA Comcast Corp. | Held | 0.9% | $599M |
| $WPM.TO Wheaton Precious Metals Corp. | Held | 0.9% | $583M |
| $BRO Brown & Brown, Inc. | Added | 0.9% | $573M |
| $7309.T Shimano, Inc. | Held | 0.9% | $555M |
| $9735.T Secom Co. Ltd. | Held | 0.8% | $546M |
| $DGE.L Diageo plc | Held | 0.8% | $541M |
| $GBLB.BR Groupe Bruxelles Lambert NV | Held | 0.8% | $538M |
| $UHS Universal Health Services, Inc. | Held | 0.8% | $524M |
| $IFF International Flavors & Fragrances, Inc. | Held | 0.8% | $521M |
Showing top 50 of 126 equity positions (this fund runs a diversified book).
Source: SEC N-PORT via FMP · Jul 2026 report · monthly portfolio, public with a delay. Long equity positions only. Not financial advice.