Galilei Investment Office LLP

LONDON, X0

$218m in 28 US stocks at the end of 30 June 2026. The top 10 are 86.6% of the money. It changed about 2.8% of the portfolio this quarter.

Value

$218m

Stocks

Top 10 share

86.6%

Turnover

2.8%

What changed this quarter

New

Bought for the first time this quarter.

FedEx Freight Holding CompanyFDXF
0.2% of the fund
Vaneck ETF TrustGDX
0.1% of the fund
Etfs Gold TRSGOL
<0.1% of the fund

Added

Bought more of a stock they already held.

Ishares TRIGSB
6.1% of the fund
+18%
IsharesIEMG
3.9% of the fund
+3%
Invesco Exch Traded FD TR IIBKLN
0.2% of the fund
+33%

Cut

Sold some of their stake.

Vanguard Intl Equity Index FVT
2.3% of the fund
-12%

Sold out

Sold their entire stake.

None this quarter.

Holdings

State STR Spdr S&P 500 ETF TSPY
Share
26.3%
Value
$57m
Shares
76,730
Held
Vanguard Index FDSVOO
Share
22.7%
Value
$49m
Shares
71,908
Held
Vanguard Intl Equity Index FVGK
Share
13.4%
Value
$29m
Shares
328,614
Held
Ishares TRIGSB
Share
6.1%
Value
$13m
Shares
253,721
+18%
Proshares TRNOBL
Share
4.5%
Value
$10m
Shares
175,902
Held
IsharesIEMG
Share
3.9%
Value
$8m
Shares
102,000
+3%
IsharesEMXC
Share
2.7%
Value
$6m
Shares
58,133
Held
AlphabetGOOGL
Share
2.4%
Value
$5m
Shares
14,900
Held
Vanguard Intl Equity Index FVT
Share
2.3%
Value
$5m
Shares
32,623
-12%
Berkshire HathawayBRK-B
Share
2.2%
Value
$5m
Shares
9,690
Held
Meta PlatformsMETA
Share
1.9%
Value
$4m
Shares
7,328
Held
British American Tobacco p.l.c.BTI
Share
1.6%
Value
$4m
Shares
56,644
Held
American ExpressAXP
Share
1.5%
Value
$3m
Shares
9,974
Held
MicrosoftMSFT
Share
1.2%
Value
$3m
Shares
6,985
Held
ShellSHEL
Share
1.1%
Value
$2m
Shares
63,920
Held
AppleAAPL
Share
1.1%
Value
$2m
Shares
8,449
Held
FedExFDX
Share
1.0%
Value
$2m
Shares
7,088
Held
Coca-ColaKO
Share
0.7%
Value
$2m
Shares
19,577
Held
Ishares TRIWM
Share
0.7%
Value
$2m
Shares
5,000
Held
VisaV
Share
0.7%
Value
$1m
Shares
4,351
Held
SentinelOneS
Share
0.4%
Value
$975,775
Shares
57,500
Held
Vanguard Intl Equity Index FVWO
Share
0.3%
Value
$705,834
Shares
11,825
Held
NikeNKE
Share
0.3%
Value
$705,608
Shares
17,189
Held
FedEx Freight Holding CompanyFDXF
Share
0.2%
Value
$535,144
Shares
3,544
New
Invesco Exch Traded FD TR IIBKLN
Share
0.2%
Value
$399,252
Shares
19,600
+33%
Vaneck ETF TrustGDX
Share
0.1%
Value
$322,700
Shares
4,277
New
Ishares TRICSH
Share
<0.1%
Value
$202,320
Shares
4,000
Held
Etfs Gold TRSGOL
Share
<0.1%
Value
$79,327
Shares
2,075
New

Company	Share of fund	Value	Shares	Change
State STR Spdr S&P 500 ETF TSPY	26.3%	$57m	76,730	Held
Vanguard Index FDSVOO	22.7%	$49m	71,908	Held
Vanguard Intl Equity Index FVGK	13.4%	$29m	328,614	Held
Ishares TRIGSB	6.1%	$13m	253,721	+18%
Proshares TRNOBL	4.5%	$10m	175,902	Held
IsharesIEMG	3.9%	$8m	102,000	+3%
IsharesEMXC	2.7%	$6m	58,133	Held
AlphabetGOOGL	2.4%	$5m	14,900	Held
Vanguard Intl Equity Index FVT	2.3%	$5m	32,623	-12%
Berkshire HathawayBRK-B	2.2%	$5m	9,690	Held
Meta PlatformsMETA	1.9%	$4m	7,328	Held
British American Tobacco p.l.c.BTI	1.6%	$4m	56,644	Held
American ExpressAXP	1.5%	$3m	9,974	Held
MicrosoftMSFT	1.2%	$3m	6,985	Held
ShellSHEL	1.1%	$2m	63,920	Held
AppleAAPL	1.1%	$2m	8,449	Held
FedExFDX	1.0%	$2m	7,088	Held
Coca-ColaKO	0.7%	$2m	19,577	Held
Ishares TRIWM	0.7%	$2m	5,000	Held
VisaV	0.7%	$1m	4,351	Held
SentinelOneS	0.4%	$975,775	57,500	Held
Vanguard Intl Equity Index FVWO	0.3%	$705,834	11,825	Held
NikeNKE	0.3%	$705,608	17,189	Held
FedEx Freight Holding CompanyFDXF	0.2%	$535,144	3,544	New
Invesco Exch Traded FD TR IIBKLN	0.2%	$399,252	19,600	+33%
Vaneck ETF TrustGDX	0.1%	$322,700	4,277	New
Ishares TRICSH	<0.1%	$202,320	4,000	Held
Etfs Gold TRSGOL	<0.1%	$79,327	2,075	New

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 10.8% since 30 June 2025.

Where the money is

Financial services4.5%

Media & telecom4.3%

Technology2.8%

Everyday goods2.3%

Industrials1.3%

Retail & consumer0.3%

Other84.5%

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.