AKO CAPITAL LLP 13F: Quarter-over-Quarter Portfolio Changes
AKO CAPITAL LLP reported a disclosed portfolio value of approximately $5.1 billion in its latest SEC Form 13F-HR filing for Q1 2026, down 22.2% quarter on quarter. Over the quarter, the fund initiated 6 new positions, bought more shares in 7 holdings, trimmed 14 holdings, and exited 1 position.
AKO CAPITAL LLP's top buy was a new stake in Sunbelt Rentals Holdings INC (SUNB) , equal to 4.1% of the disclosed portfolio. Its top sell was Copart INC (CPRT) . The fund sold 95.4% of its previously reported shares, reducing the position's portfolio weight by 3.4 percentage points.
New PositionsQ1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| SUNBELT RENTALS HOLDINGS INC | SUNB | 4.1% | Holders → |
| WILLIAMS COS INC | WMB | 2.5% | Holders → |
| STRYKER CORPORATION | SYK | 1.6% | Holders → |
| AIR PRODS & CHEMS INC | APD | 1.3% | Holders → |
| CARLISLE COS INC | CSL | 1.3% | Holders → |
| RELX PLC | RELX | 0.0% | Holders → |
Top BuysQ1 2026
The fund's top buys among existing positions in Q1 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| LINDE PLC | LIN | +1.2% | +899.0% | Holders → |
| MASTERCARD INCORPORATED | MA | +0.7% | +55.4% | Holders → |
| ALCON AG | ALC | +4.3% | +21.3% | History → |
| BOOKING HLDGS INC | BKNG | +0.6% | +16.6% | Holders → |
| SALESFORCE INC | CRM | +0.0% | +13.5% | Holders → |
| FAIR ISAAC CORP | FICO | +-0.2% | +12.8% | Holders → |
| WATERS CORP | WAT | +0.4% | +8.4% | History → |
Top SellsQ1 2026
Showing the top 10 sells among 14 existing positions where the fund sold shares in Q1 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| COPART INC | CPRT | -3.4% | 95.4% | Holders → |
| FLUTTER ENTMT PLC | FLUT | -9.2% | 84.3% | Holders → |
| MARSH | MRSH | -3.3% | 82.4% | Holders → |
| EQUIFAX INC | EFX | -1.1% | 47.3% | Holders → |
| MOODYS CORP | MCO | -1.4% | 30.6% | Holders → |
| MICROSOFT | MSFT | -2.2% | 28.0% | History → |
| ANALOG DEVICES INC | ADI | 1.3% | 17.5% | History → |
| VISA | V | -0.7% | 17.5% | History → |
| INTERCONTINENTAL EXCHANGE IN | ICE | 0.6% | 10.4% | History → |
| GE AEROSPACE | GE | 0.3% | 10.1% | History → |
Full ExitsQ1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| INTUIT | INTU | 2.4% |
Net Portfolio Value ChangeQ1 2026
- $6.6BPrior quarter
- $5.1BCurrent quarter
- $-1.5BNet delta
- -22.2%% change
Methodology & FAQ
How AKO CAPITAL LLP Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for AKO CAPITAL LLP: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description — including how confidential treatment filings are handled — is documented in the Methodology.
What stocks did AKO CAPITAL LLP buy in Q1 2026?
In Q1 2026, AKO CAPITAL LLP initiated 6 new positions (SUNBELT RENTALS HOLDINGS INC (SUNB), WILLIAMS COS INC (WMB), STRYKER CORPORATION (SYK), AIR PRODS & CHEMS INC (APD), CARLISLE COS INC (CSL), RELX PLC (RELX)); bought more shares of LINDE PLC (LIN), MASTERCARD INCORPORATED (MA), ALCON AG (ALC), BOOKING HLDGS INC (BKNG), SALESFORCE INC (CRM) — the largest 5 of 7 adds.
What stocks did AKO CAPITAL LLP sell in Q1 2026?
In Q1 2026, AKO CAPITAL LLP fully sold 1 position (INTUIT (INTU)); reduced holdings in COPART INC (CPRT), FLUTTER ENTMT PLC (FLUT), MARSH (MRSH), EQUIFAX INC (EFX), MOODYS CORP (MCO) — the largest 5 of 14 reductions.
Which positions did AKO CAPITAL LLP initiate in Q1 2026?
AKO CAPITAL LLP established 6 new positions in Q1 2026: SUNBELT RENTALS HOLDINGS INC (SUNB, 4.1%), WILLIAMS COS INC (WMB, 2.5%), STRYKER CORPORATION (SYK, 1.6%), AIR PRODS & CHEMS INC (APD, 1.3%), CARLISLE COS INC (CSL, 1.3%), RELX PLC (RELX, 0.0%).
Which existing positions saw the largest allocation increases for AKO CAPITAL LLP in Q1 2026?
Of 7 existing positions with share-count increases in Q1 2026, the largest were: LINDE PLC (LIN, +1.2% weight, +899.0% shares), MASTERCARD INCORPORATED (MA, +0.7% weight, +55.4% shares), ALCON AG (ALC, +4.3% weight, +21.3% shares), BOOKING HLDGS INC (BKNG, +0.6% weight, +16.6% shares), SALESFORCE INC (CRM, +0.0% weight, +13.5% shares), FAIR ISAAC CORP (FICO, +-0.2% weight, +12.8% shares), WATERS CORP (WAT, +0.4% weight, +8.4% shares).
Which positions did AKO CAPITAL LLP fully exit in Q1 2026?
AKO CAPITAL LLP fully exited 1 position in Q1 2026: INTUIT (INTU, last-reported weight 2.4%).
Which existing positions saw the largest allocation reductions for AKO CAPITAL LLP in Q1 2026?
Of 14 existing positions with share-count reductions in Q1 2026, the largest were: COPART INC (CPRT, -3.4% weight, -95.4% shares), FLUTTER ENTMT PLC (FLUT, -9.2% weight, -84.3% shares), MARSH (MRSH, -3.3% weight, -82.4% shares), EQUIFAX INC (EFX, -1.1% weight, -47.3% shares), MOODYS CORP (MCO, -1.4% weight, -30.6% shares), MICROSOFT (MSFT, -2.2% weight, -28.0% shares), ANALOG DEVICES INC (ADI, 1.3% weight, -17.5% shares), VISA (V, -0.7% weight, -17.5% shares), INTERCONTINENTAL EXCHANGE IN (ICE, 0.6% weight, -10.4% shares), GE AEROSPACE (GE, 0.3% weight, -10.1% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.