Flossbach VON Storch SE
COLOGNE, 2M
$22.1bn in 98 US stocks at the end of 30 June 2026. The top 10 are 49.4% of the money. It changed about 10.4% of the portfolio this quarter.
Value
$22.1bn
Stocks
98
Top 10 share
49.4%
Turnover
10.4%
What changed this quarter
New
Bought for the first time this quarter.
- ZoetisZTS1.4% of the fund
- Estee Lauder CompaniesEL<0.1% of the fund
Added
Bought more of a stock they already held.
- AppleAAPL4.2% of the fund+19%
- Abbott LaboratoriesABT4.1% of the fund+27%
- Intercontinental ExchangeICE2.9% of the fund+7%
- S&P GlobalSPGI2.9% of the fund+14%
- StrykerSYK2.1% of the fund+173%
- Roper TechnologiesROP2.0% of the fund+5%
- LindeLIN2.0% of the fund+3%
- NvidiaNVDA1.8% of the fund+506%
- AccentureACN1.4% of the fund+5%
- Magnum Ice CreamMICC1.0% of the fund+113%
- Taiwan Semiconductor ManufacturingTSM0.8% of the fund+69%
- McDonald'sMCD0.8% of the fund+25%
- BroadcomAVGO0.7% of the fund+42%
- Dollar GeneralDG0.4% of the fund+4%
- CopartCPRT0.3% of the fund+13%
- NasdaqNDAQ0.3% of the fund+30%
- Home DepotHD0.3% of the fund+322%
- International Business MachinesIBM0.3% of the fund+426%
- Uber TechnologiesUBER0.3% of the fund+13%
- Trane TechnologiesTT0.2% of the fund+67%
- Spotify TechnologySPOT0.1% of the fund+3466%
- American ExpressAXP0.1% of the fund+5%
- TJX CompaniesTJX0.1% of the fund+3%
- FerrariRACE0.1% of the fund+37%
- Automatic Data ProcessingADP<0.1% of the fund+9%
Cut
Sold some of their stake.
- AlphabetGOOGL7.1% of the fund-12%
- Amazon.comAMZN5.9% of the fund-8%
- MicrosoftMSFT5.7% of the fund-4%
- Berkshire HathawayBRK-B5.7% of the fund-4%
- Thermo Fisher ScientificTMO4.3% of the fund-2%
- AmetekAME3.0% of the fund-21%
- VisaV2.4% of the fund-25%
- NikeNKE2.2% of the fund-2%
- PepsiCoPEP1.6% of the fund-46%
- Procter & GamblePG1.3% of the fund-11%
- RalliantRAL1.0% of the fund-18%
- Analog DevicesADI1.0% of the fund-14%
- Meta PlatformsMETA1.0% of the fund-5%
- lululemon athleticaLULU0.9% of the fund-2%
- Biontech SEBNTX0.9% of the fund-40%
- Applied MaterialsAMAT0.7% of the fund-48%
- IdexIEX0.7% of the fund-13%
- Johnson & JohnsonJNJ0.7% of the fund-48%
- Sherwin-WilliamsSHW0.6% of the fund-4%
- MsciMSCI0.4% of the fund-23%
- IntuitINTU0.4% of the fund-2%
- MedtronicMDT0.4% of the fund-17%
- 3MMMM0.3% of the fund-19%
- SalesforceCRM0.3% of the fund-53%
- Booking HoldingsBKNG0.2% of the fund-20%
Sold out
Sold their entire stake.
- Church & DwightCHD-100%
- SLB LimitedSLB-100%
- Alibaba Group HldgBABA-100%
- DeereDE-100%
- FastenalFAST-100%
Holdings
- Biontech SEBNTX
- Share
- 0.9%
- Value
- $207m
- Shares
- 2,226,138
-40%
- Berkshire Hathaway INC DELBRK-A
- Share
- <0.1%
- Value
- $3m
- Shares
- 4
Held
- SeaSE
- Share
- <0.1%
- Value
- $2m
- Shares
- 18,000
-10%
- Trip COM GroupTCOM
- Share
- <0.1%
- Value
- $1m
- Shares
- 30,000
-33%
- Netease.comNTES
- Share
- <0.1%
- Value
- $1m
- Shares
- 8,500
-43%
- PDD HoldingsPDD
- Share
- <0.1%
- Value
- $236,087
- Shares
- 3,095
-49%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| AlphabetGOOGL | 7.1% | $1.6bn | 4,408,262 | -12% |
| Amazon.comAMZN | 5.9% | $1.3bn | 5,500,511 | -8% |
| MicrosoftMSFT | 5.7% | $1.3bn | 3,394,977 | -4% |
| Berkshire HathawayBRK-B | 5.7% | $1.3bn | 2,508,197 | -4% |
| AmphenolAPH | 4.5% | $997m | 5,656,967 | Held |
| Charles SchwabSCHW | 4.5% | $988m | 10,706,944 | Held |
| Thermo Fisher ScientificTMO | 4.3% | $956m | 1,905,975 | -2% |
| AppleAAPL | 4.2% | $930m | 3,214,624 | +19% |
| Abbott LaboratoriesABT | 4.1% | $903m | 9,950,828 | +27% |
| DanaherDHR | 3.4% | $747m | 3,923,035 | Held |
| FortiveFTV | 3.3% | $740m | 12,107,839 | Held |
| AmetekAME | 3.0% | $662m | 2,737,670 | -21% |
| Intercontinental ExchangeICE | 2.9% | $650m | 5,279,021 | +7% |
| S&P GlobalSPGI | 2.9% | $643m | 1,577,668 | +14% |
| VisaV | 2.4% | $520m | 1,516,328 | -25% |
| NikeNKE | 2.2% | $489m | 11,905,339 | -2% |
| StrykerSYK | 2.1% | $465m | 1,475,371 | +173% |
| Roper TechnologiesROP | 2.0% | $448m | 1,324,865 | +5% |
| LindeLIN | 2.0% | $439m | 845,040 | +3% |
| NvidiaNVDA | 1.8% | $394m | 1,966,637 | +506% |
| PepsiCoPEP | 1.6% | $346m | 2,554,594 | -46% |
| MercadoLibreMELI | 1.4% | $319m | 187,847 | Held |
| AccentureACN | 1.4% | $310m | 2,490,138 | +5% |
| ZoetisZTS | 1.4% | $303m | 4,210,978 | New |
| Procter & GamblePG | 1.3% | $297m | 2,023,783 | -11% |
| MastercardMA | 1.2% | $275m | 535,581 | Held |
| RalliantRAL | 1.0% | $222m | 3,021,324 | -18% |
| Magnum Ice CreamMICC | 1.0% | $219m | 12,556,043 | +113% |
| Analog DevicesADI | 1.0% | $216m | 543,130 | -14% |
| Meta PlatformsMETA | 1.0% | $213m | 377,436 | -5% |
| lululemon athleticaLULU | 0.9% | $207m | 1,816,360 | -2% |
| Biontech SEBNTX | 0.9% | $207m | 2,226,138 | -40% |
| Taiwan Semiconductor ManufacturingTSM | 0.8% | $184m | 386,030 | +69% |
| McDonald'sMCD | 0.8% | $168m | 622,833 | +25% |
| Applied MaterialsAMAT | 0.7% | $150m | 206,808 | -48% |
| IdexIEX | 0.7% | $147m | 646,867 | -13% |
| BroadcomAVGO | 0.7% | $145m | 384,529 | +42% |
| Johnson & JohnsonJNJ | 0.7% | $145m | 569,949 | -48% |
| Sherwin-WilliamsSHW | 0.6% | $137m | 396,877 | -4% |
| MsciMSCI | 0.4% | $95m | 169,324 | -23% |
| IntuitINTU | 0.4% | $88m | 336,713 | -2% |
| MedtronicMDT | 0.4% | $85m | 1,089,386 | -17% |
| Dollar GeneralDG | 0.4% | $81m | 705,223 | +4% |
| 3MMMM | 0.3% | $74m | 459,784 | -19% |
| CopartCPRT | 0.3% | $71m | 2,501,307 | +13% |
| NasdaqNDAQ | 0.3% | $70m | 891,940 | +30% |
| Home DepotHD | 0.3% | $68m | 191,900 | +322% |
| SalesforceCRM | 0.3% | $61m | 387,019 | -53% |
| International Business MachinesIBM | 0.3% | $59m | 208,507 | +426% |
| Verisk AnalyticsVRSK | 0.3% | $58m | 323,452 | Held |
| Uber TechnologiesUBER | 0.3% | $57m | 788,377 | +13% |
| Trane TechnologiesTT | 0.2% | $55m | 111,490 | +67% |
| Booking HoldingsBKNG | 0.2% | $46m | 259,026 | -20% |
| BlackRockBLK | 0.2% | $41m | 43,100 | -27% |
| Coca-ColaKO | 0.2% | $40m | 498,232 | -18% |
| NetflixNFLX | 0.2% | $36m | 497,453 | -18% |
| Spotify TechnologySPOT | 0.1% | $33m | 71,921 | +3466% |
| ExxonMobil HoldingsXOM | 0.1% | $32m | 236,431 | -12% |
| TotalEnergies SETTE | 0.1% | $31m | 397,364 | -27% |
| American ExpressAXP | 0.1% | $31m | 91,144 | +5% |
| HDFC BankHDB | 0.1% | $29m | 1,139,310 | -37% |
| TJX CompaniesTJX | 0.1% | $26m | 168,727 | +3% |
| Colgate-PalmoliveCL | 0.1% | $25m | 269,501 | -55% |
| FerrariRACE | 0.1% | $23m | 62,056 | +37% |
| Illinois Tool WorksITW | <0.1% | $22m | 80,271 | -59% |
| WalmartWMT | <0.1% | $20m | 176,957 | -24% |
| Becton DickinsonBDX | <0.1% | $18m | 116,897 | -7% |
| StarbucksSBUX | <0.1% | $17m | 168,059 | -37% |
| Automatic Data ProcessingADP | <0.1% | $15m | 67,603 | +9% |
| Ross StoresROST | <0.1% | $12m | 55,389 | -6% |
| Moody'sMCO | <0.1% | $11m | 24,240 | -55% |
| Walt DisneyDIS | <0.1% | $10m | 101,636 | -27% |
| Idexx LaboratoriesIDXX | <0.1% | $9m | 17,270 | -4% |
| Marketaxess HoldingsMKTX | <0.1% | $9m | 75,000 | -31% |
| Verizon CommunicationsVZ | <0.1% | $8m | 197,549 | +105% |
| AirbnbABNB | <0.1% | $7m | 46,684 | +212% |
| O'Reilly AutomotiveORLY | <0.1% | $6m | 65,467 | +170% |
| Nu HoldingsNU | <0.1% | $5m | 400,000 | -27% |
| BlackstoneBX | <0.1% | $5m | 45,000 | Held |
| Union PacificUNP | <0.1% | $5m | 19,155 | -3% |
| Mondelez InternationalMDLZ | <0.1% | $4m | 75,386 | +463% |
| Icici BankIBN | <0.1% | $3m | 115,000 | -39% |
| Berkshire Hathaway INC DELBRK-A | <0.1% | $3m | 4 | Held |
| MakeMyTripMMYT | <0.1% | $3m | 50,000 | -17% |
| ConocoPhillipsCOP | <0.1% | $2m | 23,640 | -82% |
| FortinetFTNT | <0.1% | $2m | 13,989 | Held |
| CoupangCPNG | <0.1% | $2m | 120,000 | -25% |
| Mexican Economic DevelopmentFMX | <0.1% | $2m | 15,500 | -23% |
| SeaSE | <0.1% | $2m | 18,000 | -10% |
| Yum China HoldingsYUMC | <0.1% | $1m | 35,000 | -42% |
| Trip COM GroupTCOM | <0.1% | $1m | 30,000 | -33% |
| Netease.comNTES | <0.1% | $1m | 8,500 | -43% |
| AlphabetGOOG | <0.1% | $826,086 | 2,338 | +4% |
| Check Point Software TechnologiesCHKP | <0.1% | $756,511 | 5,756 | Held |
| Old Dominion Freight LineODFL | <0.1% | $684,239 | 3,159 | -6% |
| Cadence Design SystemsCDNS | <0.1% | $585,875 | 1,561 | Held |
| Estee Lauder CompaniesEL | <0.1% | $501,254 | 6,349 | New |
| PDD HoldingsPDD | <0.1% | $236,087 | 3,095 | -49% |
Options (1)
- Intuit
- Type
- Call
- Value
- $313,200
- Contracts
- 12
| Company | Type | Value | Contracts |
|---|---|---|---|
| Intuit | Call | $313,200 | 12 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 9.6% since 30 June 2025.
Where the money is
Technology25.2%
Financial services20.9%
Health care16.4%
Retail & consumer10.8%
Industrials9.6%
Media & telecom8.5%
Everyday goods4.7%
Materials2.6%
Energy0.3%
Other1.0%
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.