Sarasin & Partners LLP
London, X0
$8.5bn in 94 US stocks at the end of 30 June 2026. The top 10 are 54.2% of the money. It changed about 10.2% of the portfolio this quarter.
Value
$8.5bn
Stocks
94
Top 10 share
54.2%
Turnover
10.2%
What changed this quarter
New
Bought for the first time this quarter.
- L3harris TechnologiesLHX0.2% of the fund
- Vanguard World FDVGT<0.1% of the fund
- Ishares TRIWM<0.1% of the fund
- IntelINTC<0.1% of the fund
- CF Industries HoldingsCF<0.1% of the fund
- Realty IncomeO<0.1% of the fund
- GE HealthCare TechnologiesGEHC<0.1% of the fund
- BXPBXP<0.1% of the fund
- Kilroy RealtyKRC<0.1% of the fund
- Nu HoldingsNU<0.1% of the fund
Added
Bought more of a stock they already held.
- AlphabetGOOGL7.5% of the fund+3%
- BroadcomAVGO5.1% of the fund+8%
- CME GroupCME3.4% of the fund+41%
- CitigroupC3.0% of the fund+184%
- Taiwan Semiconductor ManufacturingTSM3.0% of the fund+169%
- Home DepotHD2.8% of the fund+4%
- Costco WholesaleCOST2.3% of the fund+7%
- NetflixNFLX2.3% of the fund+10%
- Duke EnergyDUK1.9% of the fund+15%
- Uber TechnologiesUBER1.7% of the fund+4%
- Thermo Fisher ScientificTMO1.6% of the fund+7%
- Intuitive SurgicalISRG1.1% of the fund+128%
- EcolabECL1.1% of the fund+12%
- Vanguard Intl Equity Index FVT0.2% of the fund+64%
- Tetra TechTTEK0.2% of the fund+8%
- Vanguard Intl Equity Index FVPL0.1% of the fund+78%
- IsharesEWJ0.1% of the fund+8%
- Vanguard BD Index FDSBND<0.1% of the fund+16%
- e.l.f. BeautyELF<0.1% of the fund+11%
- VisaV<0.1% of the fund+4%
- AirbnbABNB<0.1% of the fund+46%
- Charles SchwabSCHW<0.1% of the fund+22%
- FreshpetFRPT<0.1% of the fund+6%
- ZoetisZTS<0.1% of the fund+6%
- VeraltoVLTO<0.1% of the fund+36%
Cut
Sold some of their stake.
- NvidiaNVDA9.9% of the fund-7%
- MicrosoftMSFT6.6% of the fund-3%
- JPMorgan ChaseJPM2.3% of the fund-34%
- Meta PlatformsMETA2.2% of the fund-3%
- Colgate-PalmoliveCL2.0% of the fund-26%
- Eli LillyLLY1.6% of the fund-9%
- AmgenAMGN1.5% of the fund-48%
- Quanta ServicesPWR1.4% of the fund-19%
- Cisco SystemsCSCO1.2% of the fund-40%
- MerckMRK1.1% of the fund-6%
- DeereDE1.0% of the fund-2%
- Kimberly-ClarkKMB0.9% of the fund-49%
- Smith A OAOS0.8% of the fund-7%
- Moody'sMCO0.8% of the fund-49%
- Texas InstrumentsTXN0.4% of the fund-45%
- Marsh & McLennan CompaniesMRSH0.3% of the fund-61%
- NetAppNTAP0.3% of the fund-33%
- AmetekAME0.3% of the fund-54%
- PfizerPFE0.2% of the fund-38%
- Spdr Gold TRGLD0.2% of the fund-5%
- FortinetFTNT<0.1% of the fund-97%
- Morgan StanleyMS<0.1% of the fund-37%
- Vanguard Intl Equity Index FVGK<0.1% of the fund-5%
- Ishares TREWU<0.1% of the fund-5%
- Ross StoresROST<0.1% of the fund-80%
Sold out
Sold their entire stake.
Holdings
- Vanguard Intl Equity Index FVWO
- Share
- 0.2%
- Value
- $15m
- Shares
- 250,863
Held
- Spdr Gold TRGLD
- Share
- 0.2%
- Value
- $14m
- Shares
- 38,588
-5%
- Vanguard Intl Equity Index FVT
- Share
- 0.2%
- Value
- $14m
- Shares
- 88,310
+64%
- Vanguard Intl Equity Index FVPL
- Share
- 0.1%
- Value
- $10m
- Shares
- 82,887
+78%
- IsharesEWJ
- Share
- 0.1%
- Value
- $9m
- Shares
- 92,257
+8%
- Vanguard World FDVGT
- Share
- <0.1%
- Value
- $8m
- Shares
- 68,882
New
- Ishares TRIWM
- Share
- <0.1%
- Value
- $5m
- Shares
- 17,573
New
- Vanguard Intl Equity Index FVGK
- Share
- <0.1%
- Value
- $5m
- Shares
- 56,850
-5%
- IsharesLEMB
- Share
- <0.1%
- Value
- $5m
- Shares
- 107,858
Held
- Vanguard BD Index FDSBND
- Share
- <0.1%
- Value
- $4m
- Shares
- 61,062
+16%
- Ishares TREWU
- Share
- <0.1%
- Value
- $4m
- Shares
- 86,957
-5%
- Vanguard World FDVDE
- Share
- <0.1%
- Value
- $3m
- Shares
- 21,605
-8%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| NvidiaNVDA | 9.9% | $848m | 4,235,829 | -7% |
| AlphabetGOOGL | 7.5% | $636m | 1,780,093 | +3% |
| MicrosoftMSFT | 6.6% | $567m | 1,519,029 | -3% |
| AppleAAPL | 6.3% | $535m | 1,847,698 | Held |
| Amazon.comAMZN | 5.4% | $457m | 1,918,208 | Held |
| BroadcomAVGO | 5.1% | $435m | 1,151,150 | +8% |
| MastercardMA | 4.0% | $346m | 673,122 | Held |
| CME GroupCME | 3.4% | $290m | 1,314,268 | +41% |
| CitigroupC | 3.0% | $260m | 1,856,723 | +184% |
| Taiwan Semiconductor ManufacturingTSM | 3.0% | $253m | 529,518 | +169% |
| Home DepotHD | 2.8% | $242m | 687,219 | +4% |
| Emerson ElectricEMR | 2.8% | $239m | 1,670,751 | Held |
| BlackRockBLK | 2.7% | $231m | 239,888 | Held |
| Costco WholesaleCOST | 2.3% | $200m | 214,194 | +7% |
| JPMorgan ChaseJPM | 2.3% | $197m | 602,262 | -34% |
| NetflixNFLX | 2.3% | $195m | 2,736,198 | +10% |
| Meta PlatformsMETA | 2.2% | $188m | 334,128 | -3% |
| Colgate-PalmoliveCL | 2.0% | $170m | 1,858,052 | -26% |
| Duke EnergyDUK | 1.9% | $162m | 1,283,213 | +15% |
| Uber TechnologiesUBER | 1.7% | $147m | 2,041,558 | +4% |
| American TowerAMT | 1.6% | $139m | 849,693 | Held |
| Thermo Fisher ScientificTMO | 1.6% | $134m | 266,872 | +7% |
| Eli LillyLLY | 1.6% | $133m | 110,831 | -9% |
| AmgenAMGN | 1.5% | $125m | 343,948 | -48% |
| MercadoLibreMELI | 1.4% | $121m | 71,555 | Held |
| Quanta ServicesPWR | 1.4% | $119m | 164,775 | -19% |
| Cisco SystemsCSCO | 1.2% | $101m | 863,286 | -40% |
| Intuitive SurgicalISRG | 1.1% | $97m | 244,426 | +128% |
| EcolabECL | 1.1% | $96m | 343,707 | +12% |
| PrologisPLD | 1.1% | $95m | 700,191 | Held |
| MerckMRK | 1.1% | $95m | 736,662 | -6% |
| DeereDE | 1.0% | $86m | 136,213 | -2% |
| Kimberly-ClarkKMB | 0.9% | $77m | 699,689 | -49% |
| Smith A OAOS | 0.8% | $70m | 1,122,769 | -7% |
| Moody'sMCO | 0.8% | $66m | 145,786 | -49% |
| Texas InstrumentsTXN | 0.4% | $34m | 112,599 | -45% |
| Marsh & McLennan CompaniesMRSH | 0.3% | $27m | 161,885 | -61% |
| Snap-onSNA | 0.3% | $26m | 64,873 | Held |
| NetAppNTAP | 0.3% | $24m | 152,975 | -33% |
| AmetekAME | 0.3% | $22m | 92,782 | -54% |
| PfizerPFE | 0.2% | $20m | 845,257 | -38% |
| AlphabetGOOG | 0.2% | $17m | 48,328 | Held |
| L3harris TechnologiesLHX | 0.2% | $16m | 53,348 | New |
| Vanguard Intl Equity Index FVWO | 0.2% | $15m | 250,863 | Held |
| Spdr Gold TRGLD | 0.2% | $14m | 38,588 | -5% |
| Vanguard Intl Equity Index FVT | 0.2% | $14m | 88,310 | +64% |
| Tetra TechTTEK | 0.2% | $14m | 472,902 | +8% |
| Vanguard Intl Equity Index FVPL | 0.1% | $10m | 82,887 | +78% |
| IsharesEWJ | 0.1% | $9m | 92,257 | +8% |
| EvercoreEVR | <0.1% | $9m | 25,000 | Held |
| Vanguard World FDVGT | <0.1% | $8m | 68,882 | New |
| FortinetFTNT | <0.1% | $8m | 50,901 | -97% |
| Morgan StanleyMS | <0.1% | $6m | 30,673 | -37% |
| WeyerhaeuserWY | <0.1% | $6m | 244,975 | Held |
| Ishares TRIWM | <0.1% | $5m | 17,573 | New |
| Vanguard Intl Equity Index FVGK | <0.1% | $5m | 56,850 | -5% |
| IsharesLEMB | <0.1% | $5m | 107,858 | Held |
| Vanguard BD Index FDSBND | <0.1% | $4m | 61,062 | +16% |
| e.l.f. BeautyELF | <0.1% | $4m | 60,544 | +11% |
| Ishares TREWU | <0.1% | $4m | 86,957 | -5% |
| VisaV | <0.1% | $4m | 11,536 | +4% |
| Ross StoresROST | <0.1% | $4m | 17,285 | -80% |
| Vanguard World FDVDE | <0.1% | $3m | 21,605 | -8% |
| WelltowerWELL | <0.1% | $3m | 13,657 | -22% |
| WalmartWMT | <0.1% | $3m | 25,698 | Held |
| AramarkARMK | <0.1% | $2m | 40,000 | -34% |
| AirbnbABNB | <0.1% | $2m | 15,655 | +46% |
| IntelINTC | <0.1% | $2m | 15,600 | New |
| Otis WorldwideOTIS | <0.1% | $2m | 29,891 | -95% |
| Charles SchwabSCHW | <0.1% | $2m | 21,900 | +22% |
| Bank of AmericaBAC | <0.1% | $2m | 33,800 | Held |
| VentasVTR | <0.1% | $2m | 20,123 | -25% |
| Chipotle Mexican GrillCMG | <0.1% | $2m | 52,000 | -29% |
| Healthpeak PropertiesDOC | <0.1% | $2m | 82,206 | -34% |
| CF Industries HoldingsCF | <0.1% | $2m | 16,000 | New |
| FreshpetFRPT | <0.1% | $2m | 28,500 | +6% |
| Realty IncomeO | <0.1% | $2m | 27,000 | New |
| ServiceNowNOW | <0.1% | $2m | 16,685 | -87% |
| ZoetisZTS | <0.1% | $2m | 22,570 | +6% |
| Invitation HomesINVH | <0.1% | $2m | 51,674 | -40% |
| NewmontNEM | <0.1% | $2m | 16,700 | -3% |
| Vivmark ResidentialVMRK | <0.1% | $1m | 20,527 | -19% |
| HDFC BankHDB | <0.1% | $1m | 50,732 | Held |
| VeraltoVLTO | <0.1% | $1m | 14,600 | +36% |
| GracoGGG | <0.1% | $1m | 16,365 | -18% |
| CopartCPRT | <0.1% | $978,193 | 34,700 | -7% |
| NikeNKE | <0.1% | $957,327 | 23,321 | Held |
| GE HealthCare TechnologiesGEHC | <0.1% | $908,942 | 14,200 | New |
| Mondelez InternationalMDLZ | <0.1% | $809,760 | 14,000 | -26% |
| BXPBXP | <0.1% | $806,263 | 12,159 | New |
| Bellring BrandsBRBR | <0.1% | $737,580 | 57,000 | Held |
| Kilroy RealtyKRC | <0.1% | $507,830 | 13,553 | New |
| Nu HoldingsNU | <0.1% | $478,288 | 35,800 | New |
| Kimco RealtyKIM | <0.1% | $398,350 | 15,714 | -53% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 15.0% since 30 June 2025.
Where the money is
Technology34.3%
Financial services16.9%
Media & telecom12.1%
Industrials8.7%
Retail & consumer8.3%
Health care7.1%
Everyday goods5.4%
Real estate3.0%
Utilities1.9%
Materials1.2%
Other1.1%
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.