GuardCap Asset Management
GuardCap teamLONDON, X0files as GUARDCAP ASSET MANAGEMENT Ltd
$1.4bn in 18 US stocks at the end of 30 June 2026. The top 10 are 83.9% of the money. It changed about 9.9% of the portfolio this quarter.
Value
$1.4bn
Stocks
18
Top 10 share
83.9%
Turnover
9.9%
What changed this quarter
New
Bought for the first time this quarter.
None this quarter.
Added
Bought more of a stock they already held.
None this quarter.
Cut
Sold some of their stake.
- CME GroupCME12.2% of the fund-16%
- UnitedHealth GroupUNH11.4% of the fund-17%
- Yum China HoldingsYUMC9.5% of the fund-17%
- IlluminaILMN9.2% of the fund-17%
- Booking HoldingsBKNG8.6% of the fund-20%
- Colgate-PalmoliveCL8.4% of the fund-18%
- MastercardMA8.1% of the fund-16%
- MicrosoftMSFT6.9% of the fund-16%
- Verisk AnalyticsVRSK5.1% of the fund-17%
- AdobeADBE4.5% of the fund-17%
- Marketaxess HoldingsMKTX4.4% of the fund-17%
- NikeNKE4.3% of the fund-17%
- Automatic Data ProcessingADP4.1% of the fund-16%
- AccentureACN2.6% of the fund-16%
- Taiwan Semiconductor ManufacturingTSM<0.1% of the fund-93%
Sold out
Sold their entire stake.
- MercadoLibreMELI-100%
- HDFC BankHDB-100%
- Alibaba Group HldgBABA-100%
- Itau Unibanco Hldg S AITUB-100%
- InfosysINFY-100%
- Trip COM GroupTCOM-100%
- Netease.comNTES-100%
- GlobantGLOB-100%
- SeaSE-100%
Holdings
- RelxRELX
- Share
- <0.1%
- Value
- $1m
- Shares
- 38,023
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| CME GroupCME | 12.2% | $172m | 773,225 | -16% |
| UnitedHealth GroupUNH | 11.4% | $160m | 388,415 | -17% |
| Yum China HoldingsYUMC | 9.5% | $133m | 3,255,683 | -17% |
| IlluminaILMN | 9.2% | $129m | 740,132 | -17% |
| Booking HoldingsBKNG | 8.6% | $122m | 646,216 | -20% |
| Colgate-PalmoliveCL | 8.4% | $118m | 1,301,977 | -18% |
| MastercardMA | 8.1% | $114m | 222,508 | -16% |
| MicrosoftMSFT | 6.9% | $97m | 256,389 | -16% |
| Verisk AnalyticsVRSK | 5.1% | $71m | 394,513 | -17% |
| AdobeADBE | 4.5% | $64m | 306,204 | -17% |
| Marketaxess HoldingsMKTX | 4.4% | $62m | 536,324 | -17% |
| NikeNKE | 4.3% | $60m | 1,438,583 | -17% |
| Automatic Data ProcessingADP | 4.1% | $58m | 256,473 | -16% |
| AccentureACN | 2.6% | $37m | 283,477 | -16% |
| Smith A OAOS | 0.3% | $4m | 60,555 | Held |
| WatersWAT | 0.3% | $4m | 10,225 | Held |
| RelxRELX | <0.1% | $1m | 38,023 | Held |
| Taiwan Semiconductor ManufacturingTSM | <0.1% | $166,672 | 349 | -93% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 72.4% since 30 June 2025.
Where the money is
Financial services24.8%
Retail & consumer22.4%
Health care20.8%
Technology14.1%
Industrials9.4%
Everyday goods8.4%
Other0.1%
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.