What the best investors bought
Every quarter, big US funds must list their stocks with the SEC. We read every list — 8,740 funds — and show what 153 long-term investors changed. The lists come out 45 days after the quarter ends.
Quarter ended 30 June 2026.
What changed this quarter
Most bought
Bought for the first time or added to.
- Meta PlatformsMETA
- Buyers
- 27 of 50
- Value
- $25.9bn
- Amazon.comAMZN
- Buyers
- 21 of 60
- Value
- $36.6bn
- MicrosoftMSFT
- Buyers
- 21 of 68
- Value
- $30.6bn
- S&P GlobalSPGI
- Buyers
- 18 of 35
- Value
- $12.3bn
- Thermo Fisher ScientificTMO
- Buyers
- 18 of 31
- Value
- $7.7bn
- Walt DisneyDIS
- Buyers
- 18 of 42
- Value
- $6.9bn
- MastercardMA
- Buyers
- 17 of 42
- Value
- $11.0bn
- VisaV
- Buyers
- 14 of 52
- Value
- $28.7bn
- UnitedHealth GroupUNH
- Buyers
- 13 of 43
- Value
- $15.1bn
- NvidiaNVDA
- Buyers
- 13 of 36
- Value
- $13.6bn
| Company | Buyers | Value |
|---|---|---|
| Meta PlatformsMETA | 27 of 50 | $25.9bn |
| Amazon.comAMZN | 21 of 60 | $36.6bn |
| MicrosoftMSFT | 21 of 68 | $30.6bn |
| S&P GlobalSPGI | 18 of 35 | $12.3bn |
| Thermo Fisher ScientificTMO | 18 of 31 | $7.7bn |
| Walt DisneyDIS | 18 of 42 | $6.9bn |
| MastercardMA | 17 of 42 | $11.0bn |
| VisaV | 14 of 52 | $28.7bn |
| UnitedHealth GroupUNH | 13 of 43 | $15.1bn |
| NvidiaNVDA | 13 of 36 | $13.6bn |
Most sold
Sold some of their stake, or sold out completely.
- AlphabetGOOGL
- Sellers
- 47 of 66
- Value
- $49.9bn
- MicrosoftMSFT
- Sellers
- 33 of 68
- Value
- $30.6bn
- AlphabetGOOG
- Sellers
- 30 of 58
- Value
- $49.3bn
- Taiwan Semiconductor ManufacturingTSM
- Sellers
- 29 of 47
- Value
- $25.0bn
- Amazon.comAMZN
- Sellers
- 27 of 60
- Value
- $36.6bn
- UnitedHealth GroupUNH
- Sellers
- 24 of 43
- Value
- $15.1bn
- Bank of AmericaBAC
- Sellers
- 21 of 39
- Value
- $35.4bn
- MastercardMA
- Sellers
- 20 of 42
- Value
- $11.0bn
- Texas InstrumentsTXN
- Sellers
- 20 of 26
- Value
- $4.3bn
- AppleAAPL
- Sellers
- 19 of 44
- Value
- $82.3bn
| Company | Sellers | Value |
|---|---|---|
| AlphabetGOOGL | 47 of 66 | $49.9bn |
| MicrosoftMSFT | 33 of 68 | $30.6bn |
| AlphabetGOOG | 30 of 58 | $49.3bn |
| Taiwan Semiconductor ManufacturingTSM | 29 of 47 | $25.0bn |
| Amazon.comAMZN | 27 of 60 | $36.6bn |
| UnitedHealth GroupUNH | 24 of 43 | $15.1bn |
| Bank of AmericaBAC | 21 of 39 | $35.4bn |
| MastercardMA | 20 of 42 | $11.0bn |
| Texas InstrumentsTXN | 20 of 26 | $4.3bn |
| AppleAAPL | 19 of 44 | $82.3bn |
New positions
Bought it for the first time this quarter.
- S&P GlobalSPGI
- Buyers
- 18 of 35
- Value
- $12.3bn
- Veeva SystemsVEEV
- Buyers
- 10 of 12
- Value
- $405m
- Celsius HoldingsCELH
- Buyers
- 5 of 6
- Value
- $307m
- Booking HoldingsBKNG
- Buyers
- 13 of 26
- Value
- $11.5bn
- MastercardMA
- Buyers
- 17 of 42
- Value
- $11.0bn
- WorkdayWDAY
- Buyers
- 12 of 13
- Value
- $5.7bn
- NetflixNFLX
- Buyers
- 9 of 18
- Value
- $3.5bn
- AccentureACN
- Buyers
- 9 of 24
- Value
- $2.6bn
- Devon EnergyDVN
- Buyers
- 11 of 15
- Value
- $1.6bn
- GE VernovaGEV
- Buyers
- 5 of 15
- Value
- $1.2bn
| Company | Buyers | Value |
|---|---|---|
| S&P GlobalSPGI | 18 of 35 | $12.3bn |
| Veeva SystemsVEEV | 10 of 12 | $405m |
| Celsius HoldingsCELH | 5 of 6 | $307m |
| Booking HoldingsBKNG | 13 of 26 | $11.5bn |
| MastercardMA | 17 of 42 | $11.0bn |
| WorkdayWDAY | 12 of 13 | $5.7bn |
| NetflixNFLX | 9 of 18 | $3.5bn |
| AccentureACN | 9 of 24 | $2.6bn |
| Devon EnergyDVN | 11 of 15 | $1.6bn |
| GE VernovaGEV | 5 of 15 | $1.2bn |
Most owned
Owned by the most long-term investors we follow.
- MicrosoftMSFT
- Owners
- 68
- Value
- $30.6bn
- AlphabetGOOGL
- Owners
- 66
- Value
- $49.9bn
- Amazon.comAMZN
- Owners
- 60
- Value
- $36.6bn
- AlphabetGOOG
- Owners
- 58
- Value
- $49.3bn
- VisaV
- Owners
- 52
- Value
- $28.7bn
- Meta PlatformsMETA
- Owners
- 50
- Value
- $25.9bn
- Berkshire HathawayBRK-B
- Owners
- 50
- Value
- $10.9bn
- Taiwan Semiconductor ManufacturingTSM
- Owners
- 47
- Value
- $25.0bn
- AppleAAPL
- Owners
- 44
- Value
- $82.3bn
- UnitedHealth GroupUNH
- Owners
- 43
- Value
- $15.1bn
| Company | Owners | Value |
|---|---|---|
| MicrosoftMSFT | 68 | $30.6bn |
| AlphabetGOOGL | 66 | $49.9bn |
| Amazon.comAMZN | 60 | $36.6bn |
| AlphabetGOOG | 58 | $49.3bn |
| VisaV | 52 | $28.7bn |
| Meta PlatformsMETA | 50 | $25.9bn |
| Berkshire HathawayBRK-B | 50 | $10.9bn |
| Taiwan Semiconductor ManufacturingTSM | 47 | $25.0bn |
| AppleAAPL | 44 | $82.3bn |
| UnitedHealth GroupUNH | 43 | $15.1bn |
Long-term investors we follow
Search the funds behind these numbers, or browse by investing style.
- Gendell Jeffrey L—
- Value
- $11.1bn
- Stocks
- 103
- Top holdings
- IESC, SNDK, OC
- Benjamin Edwards—
- Value
- $11.0bn
- Stocks
- 1,416
- Top holdings
- AAPL, MSFT, NVDA
- Capstone Investment Advisors—
- Value
- $10.9bn
- Stocks
- 858
- Top holdings
- MSFT, NVDA, AMZN
- W1M Asset Management—
- Value
- $10.9bn
- Stocks
- 203
- Top holdings
- AMD, AMZN, V
- Intech Investment Management—
- Value
- $10.9bn
- Stocks
- 2,110
- Top holdings
- NVDA, AAPL, MSFT
- Mairs & PowerQuality
Andy Adams
- Value
- $10.9bn
- Stocks
- 254
- Top holdings
- NVDA, MSFT, AMZN
- Rubric Capital Management LP—
- Value
- $10.9bn
- Stocks
- 86
- Top holdings
- TLN, FTAI, VTRS
- IMC-Chicago—
- Value
- $10.9bn
- Stocks
- 1,554
- Top holdings
- MU, TSM, AMZN
- Picton Mahoney Asset Management—
- Value
- $10.8bn
- Stocks
- 1,346
- Top holdings
- RY, TD, SHOP
- ExodusPoint Capital Management, LP—
- Value
- $10.8bn
- Stocks
- 1,411
- Top holdings
- AMZN, AAPL, PEN
- Employees Retirement System of Texas—
- Value
- $10.8bn
- Stocks
- 507
- Top holdings
- NVDA, AAPL, MSFT
- Frontier Capital Management—
- Value
- $10.7bn
- Stocks
- 300
- Top holdings
- FTAI, GVA, ALK
- SRS Investment Management—
- Value
- $10.7bn
- Stocks
- 32
- Top holdings
- CAR, NFLX, RBLX
- Vestmark Advisory Solutions—
- Value
- $10.6bn
- Stocks
- 1,464
- Top holdings
- AAPL, NVDA, MSFT
- Factory Mutual Insurance—
- Value
- $10.6bn
- Stocks
- 205
- Top holdings
- NVDA, GOOG, AAPL
- Harding Loevner LP—
- Value
- $10.6bn
- Stocks
- 82
- Top holdings
- TSM, SPOT, FMX
- Burgundy Asset Management—
- Value
- $10.6bn
- Stocks
- 109
- Top holdings
- SSNC, PRI, WTW
- Duff & Phelps Investment Management—
- Value
- $10.6bn
- Stocks
- 162
- Top holdings
- WELL, EQIX, PLD
- Jefferies Financial Group—
- Value
- $10.6bn
- Stocks
- 1,226
- Top holdings
- AAPL, AMD, NVDA
- Clearstead Advisors—
- Value
- $10.6bn
- Stocks
- 3,645
- Top holdings
- AAPL, PCAR, MSFT
- SCS Capital Management—
- Value
- $10.6bn
- Stocks
- 485
- Top holdings
- MSFT, XPEL, LPLA
- Utah Retirement Systems—
- Value
- $10.5bn
- Stocks
- 1,027
- Top holdings
- NVDA, AAPL, MSFT
- Magnetar Financial—
- Value
- $10.5bn
- Stocks
- 1,120
- Top holdings
- CRWV, Hewlett Packard Enterprise C, WBS
- RWA Wealth Partners—
- Value
- $10.4bn
- Stocks
- 645
- Top holdings
- AAPL, MSFT, JPM
- Mizuho Securities USA—
- Value
- $10.4bn
- Stocks
- 775
- Top holdings
- NVDA, AAPL, MSFT
- Thornburg Investment Management—
- Value
- $10.4bn
- Stocks
- 138
- Top holdings
- C, TTE, T
- Greenleaf Trust—
- Value
- $10.4bn
- Stocks
- 867
- Top holdings
- SYK, AAPL, NVDA
- Egerton CapitalQuality
John Armitage
- Value
- $10.4bn
- Stocks
- 23
- Top holdings
- V, GOOG, APH
- Blue Sparrow—
- Value
- $10.3bn
- Stocks
- 126
- Top holdings
- AVGO, AMZN, MU
- Prime Capital Investment Advisors—
- Value
- $10.3bn
- Stocks
- 1,067
- Top holdings
- NVDA, AAPL, MSFT
- Loring Wolcott & Coolidge Fiduciary Advisors LLP—
- Value
- $10.3bn
- Stocks
- 564
- Top holdings
- GOOGL, MA, MSFT
- Generation Investment Management LLP—
- Value
- $10.3bn
- Stocks
- 28
- Top holdings
- DHR, AMZN, MSFT
- Durable Capital Partners LP—
- Value
- $10.3bn
- Stocks
- 36
- Top holdings
- RBC, DASH, Q
- Cantor Fitzgerald, L. P.—
- Value
- $10.3bn
- Stocks
- 252
- Top holdings
- MRVL, AMD, NVDA
- Norinchukin Bank, The—
- Value
- $10.3bn
- Stocks
- 567
- Top holdings
- NVDA, AAPL, AMZN
- Mutual of America Capital Management—
- Value
- $10.3bn
- Stocks
- 1,449
- Top holdings
- NVDA, AAPL, MSFT
- Jump Financial—
- Value
- $10.2bn
- Stocks
- 1,884
- Top holdings
- BE, STX, WDC
- Sustainable Growth Advisers, LP—
- Value
- $10.2bn
- Stocks
- 47
- Top holdings
- NVDA, GOOG, MSFT
- Whittier Trust—
- Value
- $10.2bn
- Stocks
- 1,354
- Top holdings
- GOOG, AAPL, NVDA
- Cullen Capital ManagementValue
James Cullen
- Value
- $10.2bn
- Stocks
- 208
- Top holdings
- NVS, CSCO, MS
- Cullen/Frost Bankers—
- Value
- $10.1bn
- Stocks
- 1,387
- Top holdings
- AAPL, MSFT, NVDA
- Gateway Investment Advisers—
- Value
- $10.1bn
- Stocks
- 779
- Top holdings
- NVDA, AAPL, MSFT
- Windacre Partnership—
- Value
- $10.1bn
- Stocks
- 11
- Top holdings
- ROP, EXPE, FNF
- State of Alaska, Department of Revenue—
- Value
- $10.1bn
- Stocks
- 2,173
- Top holdings
- NVDA, AAPL, MSFT
- Ariel InvestmentsValue
John Rogers Jr.
- Value
- $10.0bn
- Stocks
- 106
- Top holdings
- MSGE, OSW, CRL
- OFI Invest Asset Management—
- Value
- $10.0bn
- Stocks
- 365
- Top holdings
- NVDA, GOOGL, MSFT
- Allstate—
- Value
- $10.0bn
- Stocks
- 1,338
- Top holdings
- AMZN, AAPL, NVDA
- Carlyle Group—
- Value
- $10.0bn
- Stocks
- 19
- Top holdings
- MDLN, SARO, PHAT
- Atria Investments—
- Value
- $10.0bn
- Stocks
- 2,111
- Top holdings
- NVDA, MSFT, AAPL
- Brookstone Capital Management—
- Value
- $10.0bn
- Stocks
- 1,305
- Top holdings
- NVDA, AAPL, AMZN
| Fund | Style | Value | Stocks | Top holdings |
|---|---|---|---|---|
| Gendell Jeffrey L | — | $11.1bn | 103 | IESC, SNDK, OC |
| Benjamin Edwards | — | $11.0bn | 1,416 | AAPL, MSFT, NVDA |
| Capstone Investment Advisors | — | $10.9bn | 858 | MSFT, NVDA, AMZN |
| W1M Asset Management | — | $10.9bn | 203 | AMD, AMZN, V |
| Intech Investment Management | — | $10.9bn | 2,110 | NVDA, AAPL, MSFT |
| Mairs & PowerAndy Adams | Quality | $10.9bn | 254 | NVDA, MSFT, AMZN |
| Rubric Capital Management LP | — | $10.9bn | 86 | TLN, FTAI, VTRS |
| IMC-Chicago | — | $10.9bn | 1,554 | MU, TSM, AMZN |
| Picton Mahoney Asset Management | — | $10.8bn | 1,346 | RY, TD, SHOP |
| ExodusPoint Capital Management, LP | — | $10.8bn | 1,411 | AMZN, AAPL, PEN |
| Employees Retirement System of Texas | — | $10.8bn | 507 | NVDA, AAPL, MSFT |
| Frontier Capital Management | — | $10.7bn | 300 | FTAI, GVA, ALK |
| SRS Investment Management | — | $10.7bn | 32 | CAR, NFLX, RBLX |
| Vestmark Advisory Solutions | — | $10.6bn | 1,464 | AAPL, NVDA, MSFT |
| Factory Mutual Insurance | — | $10.6bn | 205 | NVDA, GOOG, AAPL |
| Harding Loevner LP | — | $10.6bn | 82 | TSM, SPOT, FMX |
| Burgundy Asset Management | — | $10.6bn | 109 | SSNC, PRI, WTW |
| Duff & Phelps Investment Management | — | $10.6bn | 162 | WELL, EQIX, PLD |
| Jefferies Financial Group | — | $10.6bn | 1,226 | AAPL, AMD, NVDA |
| Clearstead Advisors | — | $10.6bn | 3,645 | AAPL, PCAR, MSFT |
| SCS Capital Management | — | $10.6bn | 485 | MSFT, XPEL, LPLA |
| Utah Retirement Systems | — | $10.5bn | 1,027 | NVDA, AAPL, MSFT |
| Magnetar Financial | — | $10.5bn | 1,120 | CRWV, Hewlett Packard Enterprise C, WBS |
| RWA Wealth Partners | — | $10.4bn | 645 | AAPL, MSFT, JPM |
| Mizuho Securities USA | — | $10.4bn | 775 | NVDA, AAPL, MSFT |
| Thornburg Investment Management | — | $10.4bn | 138 | C, TTE, T |
| Greenleaf Trust | — | $10.4bn | 867 | SYK, AAPL, NVDA |
| Egerton CapitalJohn Armitage | Quality | $10.4bn | 23 | V, GOOG, APH |
| Blue Sparrow | — | $10.3bn | 126 | AVGO, AMZN, MU |
| Prime Capital Investment Advisors | — | $10.3bn | 1,067 | NVDA, AAPL, MSFT |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | — | $10.3bn | 564 | GOOGL, MA, MSFT |
| Generation Investment Management LLP | — | $10.3bn | 28 | DHR, AMZN, MSFT |
| Durable Capital Partners LP | — | $10.3bn | 36 | RBC, DASH, Q |
| Cantor Fitzgerald, L. P. | — | $10.3bn | 252 | MRVL, AMD, NVDA |
| Norinchukin Bank, The | — | $10.3bn | 567 | NVDA, AAPL, AMZN |
| Mutual of America Capital Management | — | $10.3bn | 1,449 | NVDA, AAPL, MSFT |
| Jump Financial | — | $10.2bn | 1,884 | BE, STX, WDC |
| Sustainable Growth Advisers, LP | — | $10.2bn | 47 | NVDA, GOOG, MSFT |
| Whittier Trust | — | $10.2bn | 1,354 | GOOG, AAPL, NVDA |
| Cullen Capital ManagementJames Cullen | Value | $10.2bn | 208 | NVS, CSCO, MS |
| Cullen/Frost Bankers | — | $10.1bn | 1,387 | AAPL, MSFT, NVDA |
| Gateway Investment Advisers | — | $10.1bn | 779 | NVDA, AAPL, MSFT |
| Windacre Partnership | — | $10.1bn | 11 | ROP, EXPE, FNF |
| State of Alaska, Department of Revenue | — | $10.1bn | 2,173 | NVDA, AAPL, MSFT |
| Ariel InvestmentsJohn Rogers Jr. | Value | $10.0bn | 106 | MSGE, OSW, CRL |
| OFI Invest Asset Management | — | $10.0bn | 365 | NVDA, GOOGL, MSFT |
| Allstate | — | $10.0bn | 1,338 | AMZN, AAPL, NVDA |
| Carlyle Group | — | $10.0bn | 19 | MDLN, SARO, PHAT |
| Atria Investments | — | $10.0bn | 2,111 | NVDA, MSFT, AAPL |
| Brookstone Capital Management | — | $10.0bn | 1,305 | NVDA, AAPL, AMZN |