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.
- TCI Fund ManagementQuality
Chris Hohn
- Value
- $52.8bn
- Stocks
- 11
- Top holdings
- GE, V, MCO
- Eagle Capital ManagementQuality
Boykin Curry
- Value
- $32.7bn
- Stocks
- 56
- Top holdings
- AMZN, UNH, MELI
- Select Equity GroupQuality
George Loening
- Value
- $18.9bn
- Stocks
- 143
- Top holdings
- VIK, LYV, SGI
- Mawer Investment ManagementQuality
Mawer team
- Value
- $14.7bn
- Stocks
- 142
- Top holdings
- GOOG, AMZN, MSFT
- FundsmithQuality
Terry Smith
- Value
- $13.6bn
- Stocks
- 41
- Top holdings
- MAR, SYK, WAT
- Markel GroupQuality
Tom Gayner
- Value
- $13.1bn
- Stocks
- 130
- Top holdings
- GOOG, BRK-A, BRK-B
- Polen CapitalQuality
Dan Davidowitz
- Value
- $11.6bn
- Stocks
- 219
- Top holdings
- LLY, NVDA, MSFT
- Mairs & PowerQuality
Andy Adams
- Value
- $10.9bn
- Stocks
- 254
- Top holdings
- NVDA, MSFT, AMZN
- Egerton CapitalQuality
John Armitage
- Value
- $10.4bn
- Stocks
- 23
- Top holdings
- V, GOOG, APH
- Gardner Russo & QuinnQuality
Tom Russo
- Value
- $8.9bn
- Stocks
- 85
- Top holdings
- GOOG, BRK-A, PM
- Findlay Park PartnersQuality
Findlay Park team
- Value
- $7.4bn
- Stocks
- 49
- Top holdings
- TDY, ITT, APG
- Ruane Cunniff & Goldfarb (Sequoia Fund)Quality
John Harris
- Value
- $6.4bn
- Stocks
- 54
- Top holdings
- GOOGL, TSM, FWONK
- Longview PartnersQuality
Longview team
- Value
- $6.2bn
- Stocks
- 23
- Top holdings
- WST, UNH, TSM
- Veritas Asset ManagementQuality
Andy Headley
- Value
- $5.6bn
- Stocks
- 21
- Top holdings
- AMZN, MA, CP
- Akre Capital ManagementQuality
Chuck Akre
- Value
- $5.1bn
- Stocks
- 19
- Top holdings
- MA, MCO, BN
- Fenimore Asset Management (FAM Funds)Quality
John Fox
- Value
- $4.8bn
- Stocks
- 92
- Top holdings
- ROST, APH, VMC
- AKO CapitalQuality
Nicolai Tangen (founder)
- Value
- $4.3bn
- Stocks
- 22
- Top holdings
- ALC, SUNB, V
- AltaRock PartnersQuality
Mark Massey
- Value
- $4.2bn
- Stocks
- 8
- Top holdings
- AMZN, TDG, MSFT
- Jensen Investment ManagementQuality
Eric Schoenstein
- Value
- $4.1bn
- Stocks
- 83
- Top holdings
- GOOGL, MSFT, AMZN
- Troy Asset ManagementQuality
Sebastian Lyon (founder)
- Value
- $3.6bn
- Stocks
- 29
- Top holdings
- V, GOOGL, A
- Valley Forge Capital ManagementQuality
Dev Kantesaria
- Value
- $3.1bn
- Stocks
- 7
- Top holdings
- FICO, SPGI, MCO
- Giverny CapitalQuality
François Rochon
- Value
- $3.0bn
- Stocks
- 51
- Top holdings
- GOOG, HEI-A, META
- Lindsell TrainQuality
Nick Train
- Value
- $2.6bn
- Stocks
- 28
- Top holdings
- GOOGL, TKO, FICO
- Dorsey Asset ManagementQuality
Pat Dorsey
- Value
- $1.6bn
- Stocks
- 11
- Top holdings
- ASML, APP, RPRX
- GuardCap Asset ManagementQuality
GuardCap team
- Value
- $1.4bn
- Stocks
- 18
- Top holdings
- CME, UNH, YUMC
- Clarkston Capital PartnersQuality
Jeff Hakala
- Value
- $1.2bn
- Stocks
- 96
- Top holdings
- POST, CLVT, AMG
- Triple Frond PartnersQuality
Triple Frond partners
- Value
- $1.1bn
- Stocks
- 13
- Top holdings
- ASML, TDG, MSFT
- Seilern Investment ManagementQuality
Peter Seilern
- Value
- $794m
- Stocks
- 24
- Top holdings
- MA, UNH, VEEV
- Cantillon Capital ManagementQuality
William von Mueffling
- Value
- $665m
- Stocks
- 27
- Top holdings
- AVGO, GOOGL, TSM
- Broad Run Investment ManagementQuality
David Firestone
- Value
- $650m
- Stocks
- 24
- Top holdings
- ASTS, AMAT, SUNB
- Wedgewood PartnersQuality
David Rolfe
- Value
- $484m
- Stocks
- 18
- Top holdings
- TSM, GOOGL, META
- Greenlea Lane CapitalQuality
Josh Tarasoff
- Value
- $364m
- Stocks
- 10
- Top holdings
- AMZN, BN, BRK-A
- ShawSpring PartnersQuality
Dennis Hong
- Value
- $232m
- Stocks
- 11
- Top holdings
- BABA, AMZN, OKTA
- Saber Capital ManagementQuality
John Huber
- Value
- $139m
- Stocks
- 32
- Top holdings
- NRP, PBI, FCNCA