AKO CAPITAL LLP — Quarter-over-Quarter 13F Allocation Shifts Q1 2026
In Q1 2026, AKO CAPITAL LLP initiated 6 new positions, increased allocation to 7 existing positions, trimmed 10 positions, and exited 1 position entirely. The fund's 13F equity book declined from $6.57B to $5.11B (-22.2% QoQ) . All deltas are sourced from sequential SEC Form 13F-HR filings; share-count changes reflect explicit trading activity, while weight changes can also include price movement. This page lists every position change reported — the portfolio overview shows a summary of the top shifts.
Net Portfolio Value Change
- $6.57BPrior quarter
- $5.11BCurrent quarter
- $-1.46BNet delta
- -22.2%% change
New Position Initiations Q1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Allocation Weight | History |
|---|---|---|---|
| SUNBELT RENTALS HOLDINGS INC | SUNB | 4.06% | Holders → |
| WILLIAMS COS INC | WMB | 2.53% | Holders → |
| STRYKER CORPORATION | SYK | 1.61% | Holders → |
| AIR PRODS & CHEMS INC | APD | 1.33% | Holders → |
| CARLISLE COS INC | CSL | 1.32% | Holders → |
| RELX PLC | RELX | 0.02% | Holders → |
Largest Allocation Increases Q1 2026
Largest portfolio-weight increases in existing positions. Share-count delta is shown separately so price-only re-weighting can be distinguished from active adds.
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| LINDE PLC | LIN | +1.22% | +899.04% | Holders → |
| MASTERCARD INCORPORATED | MA | +0.65% | +55.42% | Holders → |
| ALCON AG | ALC | +4.34% | +21.31% | History → |
| BOOKING HOLDINGS INC | BKNG | +0.63% | +16.64% | Holders → |
| SALESFORCE INC | CRM | +0.04% | +13.50% | Holders → |
| FAIR ISAAC CORP | FICO | +-0.24% | +12.79% | Holders → |
| WATERS CORP | WAT | +0.41% | +8.42% | History → |
Largest Allocation Reductions Q1 2026
Largest portfolio-weight decreases in existing positions (positions kept open at a lower allocation).
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| COPART, INC. | CPRT | -3.40% | -95.44% | Holders → |
| FLUTTER ENTMT PLC | FLUT | -9.23% | -84.34% | Holders → |
| MARSH & MCLENNAN COS INC | MRSH | -3.31% | -82.39% | Holders → |
| EQUIFAX INC | EFX | -1.11% | -47.28% | Holders → |
| MOODYS CORP | MCO | -1.37% | -30.65% | Holders → |
| MICROSOFT CORP | MSFT | -2.19% | -27.97% | History → |
| ANALOG DEVICES INC | ADI | 1.26% | -17.51% | History → |
| VISA INC | V | -0.66% | -17.46% | History → |
| INTERCONTINENTAL EXCHANGE IN | ICE | 0.61% | -10.39% | History → |
| GE AEROSPACE | GE | 0.33% | -10.14% | History → |
Exited Positions Q1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| INTUIT | INTU | 2.41% |
Methodology & FAQ
How AKO CAPITAL LLP Quarterly Changes Are Computed
Each row above is computed by joining the most recent 13F-HR filing for AKO CAPITAL LLP against the immediately preceding quarterly filing for the same fund. Portfolio weights are normalized to exclude listed options for comparability. A complete description of the methodology — including how confidential treatment filings are handled and why share count rather than weight is the cleaner trading signal — is documented in the Methodology.
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, 4.06%), WILLIAMS COS INC (WMB, 2.53%), STRYKER CORPORATION (SYK, 1.61%), AIR PRODS & CHEMS INC (APD, 1.33%), CARLISLE COS INC (CSL, 1.32%), RELX PLC (RELX, 0.02%).
Which existing positions saw the largest allocation increases for AKO CAPITAL LLP in Q1 2026?
The largest portfolio-weight increases in existing positions were: LINDE PLC (LIN, +1.22% weight, +899.04% shares), MASTERCARD INCORPORATED (MA, +0.65% weight, +55.42% shares), ALCON AG (ALC, +4.34% weight, +21.31% shares), BOOKING HOLDINGS INC (BKNG, +0.63% weight, +16.64% shares), SALESFORCE INC (CRM, +0.04% weight, +13.50% shares), FAIR ISAAC CORP (FICO, +-0.24% weight, +12.79% shares), WATERS CORP (WAT, +0.41% weight, +8.42% 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 2.41%).
Which existing positions saw the largest allocation reductions for AKO CAPITAL LLP in Q1 2026?
The largest portfolio-weight reductions in positions kept open were: COPART, INC. (CPRT, -3.40% weight, -95.44% shares), FLUTTER ENTMT PLC (FLUT, -9.23% weight, -84.34% shares), MARSH & MCLENNAN COS INC (MRSH, -3.31% weight, -82.39% shares), EQUIFAX INC (EFX, -1.11% weight, -47.28% shares), MOODYS CORP (MCO, -1.37% weight, -30.65% shares), MICROSOFT CORP (MSFT, -2.19% weight, -27.97% shares), ANALOG DEVICES INC (ADI, 1.26% weight, -17.51% shares), VISA INC (V, -0.66% weight, -17.46% shares), INTERCONTINENTAL EXCHANGE IN (ICE, 0.61% weight, -10.39% shares), GE AEROSPACE (GE, 0.33% weight, -10.14% 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.