London & Capital Asset Management Ltd Q2 2025 Filing

Filed August 14, 2025

Portfolio Value

$1.3T

Holdings

96

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (96 positions)

#StockSharesValue% PortfolioType
1
MSFTMICROSOFT CORP
203,860$101.4B7.69%
2
GQ9SPDR GOLD TR
220,166$67.1B5.09%
3
IBMINTERNATIONAL BUSINESS MACHS
221,991$65.4B4.96%
4
AMZNAMAZON COM INC
290,249$63.7B4.83%
5
GOOGALPHABET INC
347,955$61.7B4.68%
6
FERGFERGUSON ENTERPRISES INC
240,853$52.5B3.98%
7
TMOTHERMO FISHER SCIENTIFIC INC
126,158$51.1B3.88%
8
VVISA INC
125,029$44.4B3.37%
9
CMECME GROUP INC
135,210$37.3B2.83%
10
SNPSSYNOPSYS INC
72,328$37.1B2.81%
11
UNHUNITEDHEALTH GROUP INC
118,494$37.0B2.80%
12
TSMTAIWAN SEMICONDUCTOR MFG LTD
154,199$34.9B2.65%
13
AXPAMERICAN EXPRESS CO
107,919$34.4B2.61%
14
YUMCYUM CHINA HLDGS INC
734,555$32.8B2.49%
15
MRSHMARSH & MCLENNAN COS INC
148,069$32.4B2.46%
16
CPCANADIAN PACIFIC KANSAS CITY
408,394$32.4B2.46%
17
SLBSCHLUMBERGER LTD
903,597$30.5B2.32%
18
GEVGE VERNOVA INC
55,941$29.6B2.24%
19
GEGE AEROSPACE
106,348$27.4B2.08%
20
INTUINTUIT
33,629$26.5B2.01%
21
IBKRINTERACTIVE BROKERS GROUP IN
448,733$24.9B1.89%
22
QCOMQUALCOMM INC
153,507$24.4B1.85%
23
URIUNITED RENTALS INC
30,950$23.3B1.77%
24
AMDADVANCED MICRO DEVICES INC
158,802$22.5B1.71%
25
VMCVULCAN MATLS CO
85,542$22.3B1.69%
26
GDXVANECK ETF TRUST
412,814$21.5B1.63%
27
TMUST-MOBILE US INC
87,280$20.8B1.58%
28
WMWASTE MGMT INC DEL
83,249$19.0B1.44%
29
BACVERIZON COMMUNICATIONS INC
385,900$16.7B1.27%
30
UPSUNITED PARCEL SERVICE INC
124,711$12.6B0.95%
31
AAPLAPPLE INC
61,221$12.6B0.95%
32
MAMASTERCARD INCORPORATED
21,487$12.1B0.92%
33
CDNSCADENCE DESIGN SYSTEM INC
36,862$11.4B0.86%
34
ISRGINTUITIVE SURGICAL INC
19,796$10.8B0.82%
35
GOOGLALPHABET INC
51,900$9.1B0.69%
36
MCOMOODYS CORP
16,804$8.4B0.64%
37
PCARPACCAR INC
87,997$8.4B0.63%
38
ADBEADOBE INC
21,515$8.3B0.63%
39
PYPLPAYPAL HLDGS INC
101,178$7.5B0.57%
40
VOOVANGUARD INDEX FDS
12,255$7.0B0.53%
41
AFWALIGN TECHNOLOGY INC
36,506$6.9B0.52%
42
RGENREPLIGEN CORP
54,956$6.8B0.52%
43
DISDISNEY WALT CO
51,297$6.4B0.48%
44
AMTAMERICAN TOWER CORP NEW
27,922$6.2B0.47%
45
IBITISHARES BITCOIN TRUST ETF
79,636$4.9B0.37%
46
NVONOVO-NORDISK A S
66,848$4.6B0.35%
47
TSLATESLA INC
14,294$4.5B0.34%
48
NVDANVIDIA CORPORATION
25,652$4.1B0.31%
49
SNYSANOFI
80,955$3.9B0.30%
50
PHGKONINKLIJKE PHILIPS N V
156,965$3.8B0.29%
51
SILJAMPLIFY ETF TR
245,368$3.6B0.28%
52
UBERUBER TECHNOLOGIES INC
38,560$3.6B0.27%
53
ELLAUDER ESTEE COS INC
43,833$3.5B0.27%
54
VTVANGUARD INTL EQUITY INDEX F
26,074$3.4B0.25%
55
VTIVANGUARD INDEX FDS
10,498$3.2B0.24%
56
JPMJPMORGAN CHASE & CO.
10,612$3.1B0.23%
57
VIGVANGUARD SPECIALIZED FUNDS
13,683$2.8B0.21%
58
BACBANK AMERICA CORP
58,181$2.8B0.21%
59
WECWEC ENERGY GROUP INC
21,267$2.2B0.17%
60
TJXTJX COS INC NEW
17,185$2.1B0.16%
61
TIPISHARES TR
18,576$2.0B0.16%
62
JNJJOHNSON & JOHNSON
11,998$1.8B0.14%
63
IEFISHARES TR
18,453$1.8B0.13%
64
ORLYOREILLY AUTOMOTIVE INC
18,980$1.7B0.13%
65
PEPPEPSICO INC
12,784$1.7B0.13%
66
GDXJVANECK ETF TRUST
21,696$1.5B0.11%
67
ALVAUTOLIV INC
12,947$1.4B0.11%
68
GEHCGE HEALTHCARE TECHNOLOGIES I
18,934$1.4B0.11%
69
BCCCGLOBAL X FDS
23,780$1.4B0.10%
70
VEAVANGUARD TAX-MANAGED FDS
22,471$1.3B0.10%
71
VEUVANGUARD INTL EQUITY INDEX F
18,956$1.3B0.10%
72
SHELSHELL PLC
15,660$1.1B0.08%
73
WFCWELLS FARGO CO NEW
13,179$1.1B0.08%
74
DFUSDIMENSIONAL ETF TRUST
15,741$1.1B0.08%
75
XHLFBONDBLOXX ETF TRUST
20,908$1.1B0.08%
76
AKOBEMBOTELLADORA ANDINA S A
42,000$1.0B0.08%
77
SBUXSTARBUCKS CORP
10,712$981.6M0.07%
78
EMXCISHARES INC
14,325$904.5M0.07%
79
VWOVANGUARD INTL EQUITY INDEX F
16,989$840.3M0.06%
80
CEF/USPROTT PHYSICAL GOLD & SILVE
22,500$677.6M0.05%
81
CORZCORE SCIENTIFIC INC NEW
37,500$640.1M0.05%
82
FLRNSPDR SERIES TRUST
19,859$612.3M0.05%
83
PLPLANET LABS PBC
100,000$610.0M0.05%
84
COURCOURSERA INC
68,541$600.4M0.05%
85
ITUBITAU UNIBANCO HLDG S A
82,500$560.2M0.04%
86
SLVISHARES SILVER TR
16,430$539.1M0.04%
87
TSLXSIXTH STREET SPECIALTY LENDI
19,400$461.9M0.04%
88
BKAGBNY MELLON ETF TRUST
10,343$436.3M0.03%
89
PDBCINVESCO ACTVELY MNGD ETC FD
32,047$417.9M0.03%
90
BXSLBLACKSTONE SECD LENDING FD
11,740$361.0M0.03%
91
TCAFT ROWE PRICE ETF INC
10,101$356.4M0.03%
92
KRPKIMBELL RTY PARTNERS LP
25,000$349.0M0.03%
93
INTCINTEL CORP
15,219$340.9M0.03%
94
CPNGCOUPANG INC
10,166$304.6M0.02%
95
LUNRINTUITIVE MACHINES INC
27,000$293.5M0.02%
96
ELDELDORADO GOLD CORP NEW
14,045$285.7M0.02%