Blue Whale Capital LLP
LONDON, X0
$3.2bn in 27 US stocks at the end of 30 June 2026. The top 10 are 72.7% of the money. It changed about 32.9% of the portfolio this quarter.
Value
$3.2bn
Stocks
27
Top 10 share
72.7%
Turnover
32.9%
What changed this quarter
New
Bought for the first time this quarter.
- Applied MaterialsAMAT13.8% of the fund
- Modine ManufacturingMOD3.9% of the fund
- Honeywell InternationalHON2.3% of the fund
- Honeywell AerospaceHONA2.3% of the fund
- AlbemarleALB0.5% of the fund
Added
Bought more of a stock they already held.
- NvidiaNVDA10.3% of the fund+3%
- BroadcomAVGO6.4% of the fund+21%
- AlphabetGOOGL4.3% of the fund+230%
- Eli LillyLLY3.4% of the fund+2%
- Seagate Technology HoldingsSTX3.3% of the fund+42%
- AppLovinAPP2.7% of the fund+10%
- QXOQXO2.6% of the fund+161%
- NewmontNEM2.3% of the fund+3%
- Charles SchwabSCHW1.0% of the fund+3%
- Ares ManagementARES0.7% of the fund+5%
Cut
Sold some of their stake.
- Lam ResearchLRCX14.0% of the fund-21%
- SandiskSNDK7.0% of the fund-15%
- Lumentum HoldingsLITE5.0% of the fund-13%
- Vertiv HoldingsVRT4.5% of the fund-8%
- Motorola SolutionsMSI1.9% of the fund-62%
- Interactive Brokers GroupIBKR1.8% of the fund-6%
- Uber TechnologiesUBER1.4% of the fund-24%
- Waste ManagementWM1.1% of the fund-23%
- RepligenRGEN0.8% of the fund-56%
- Apollo Global ManagementAPO0.7% of the fund-14%
- DanaherDHR0.6% of the fund-40%
Sold out
Sold their entire stake.
Holdings
- Honeywell AerospaceHONA
- Share
- 2.3%
- Value
- $73m
- Shares
- 332,058
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Lam ResearchLRCX | 14.0% | $441m | 1,017,021 | -21% |
| Applied MaterialsAMAT | 13.8% | $433m | 599,538 | New |
| NvidiaNVDA | 10.3% | $325m | 1,624,430 | +3% |
| SandiskSNDK | 7.0% | $222m | 97,653 | -15% |
| BroadcomAVGO | 6.4% | $200m | 530,478 | +21% |
| Lumentum HoldingsLITE | 5.0% | $159m | 185,019 | -13% |
| Vertiv HoldingsVRT | 4.5% | $141m | 420,515 | -8% |
| AlphabetGOOGL | 4.3% | $137m | 382,963 | +230% |
| Modine ManufacturingMOD | 3.9% | $124m | 463,437 | New |
| Eli LillyLLY | 3.4% | $108m | 89,985 | +2% |
| Seagate Technology HoldingsSTX | 3.3% | $105m | 109,222 | +42% |
| AppLovinAPP | 2.7% | $84m | 163,694 | +10% |
| QXOQXO | 2.6% | $83m | 4,814,003 | +161% |
| Honeywell InternationalHON | 2.3% | $74m | 329,840 | New |
| NewmontNEM | 2.3% | $74m | 788,273 | +3% |
| Honeywell AerospaceHONA | 2.3% | $73m | 332,058 | New |
| Motorola SolutionsMSI | 1.9% | $59m | 143,194 | -62% |
| Interactive Brokers GroupIBKR | 1.8% | $58m | 669,562 | -6% |
| Uber TechnologiesUBER | 1.4% | $43m | 594,111 | -24% |
| Fair IsaacFICO | 1.2% | $38m | 31,645 | Held |
| Waste ManagementWM | 1.1% | $35m | 157,721 | -23% |
| Charles SchwabSCHW | 1.0% | $32m | 342,398 | +3% |
| RepligenRGEN | 0.8% | $24m | 178,377 | -56% |
| Apollo Global ManagementAPO | 0.7% | $23m | 191,268 | -14% |
| Ares ManagementARES | 0.7% | $22m | 194,657 | +5% |
| DanaherDHR | 0.6% | $18m | 91,913 | -40% |
| AlbemarleALB | 0.5% | $17m | 122,267 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 106.3% since 30 June 2025.
Where the money is
Technology62.9%
Industrials14.3%
Media & telecom7.0%
Health care4.8%
Financial services4.3%
Retail & consumer3.9%
Materials2.9%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.