Q2 2026 · SEC CIK 0001376879

AKO Capital portfolio

SuperinvestorHedge fundAko Capital LLP filed on 2026-08-12. Open SEC filings ↗

Reported 13F value: $4.3B
Reported positions: 22
Eligible equities: 22
Holdings vs S&P 500, 3 years: -12.2 pts

Average holding period of the top positions: 4.6 yrs. Holdings vs the S&P 500 over 1 and 5 years: -30.3 pts, -7.8 pts.

In its Q2 2026 13F, filed 2026-08-12, Ako Capital LLP reported 22 positions worth $4.3B. Its largest holdings were ALCON AG (ALC, 15.2%), SUNBELT RENTALS HOLDINGS INC (SUNB, 10.6%), VISA INC (V, 7.9%). Over the last 3 years its top holdings ran 12.2 points a year behind the S&P 500.

Reported holdings in the Q2 2026 snapshot.

The portfolio weight uses the full reported share-portfolio denominator. Weight changes compare Q1 2026 to Q2 2026; price moves also change weights, so these are not trade labels. “New” means the position was not in the previous 13F at all; “—” marks a small position the earlier filing data does not cover.

AKO Capital eligible holdings
Stock	% of reported portfolio	Prior quarter	Weight change	Reported shares	Reported value
ALCALCON AG	15.2%	13.6%	+1.57 pp	9,683,004	$651.9M
SUNBSUNBELT RENTALS HOLDINGS INC	10.6%	4.1%	+6.53 pp	6,074,817	$454.5M
VVISA INC	7.9%	7.0%	+0.85 pp	985,126	$338.0M
RACEFERRARI N V	7.7%	6.1%	+1.58 pp	886,360	$328.9M
GEGE AEROSPACE	6.7%	5.5%	+1.18 pp	771,417	$288.3M
AMZNAMAZON COM INC	6.3%	7.1%	-0.72 pp	1,141,835	$272.1M
ADIANALOG DEVICES INC	5.7%	6.4%	-0.70 pp	616,881	$245.0M
MSFTMICROSOFT CORP	5.5%	5.3%	+0.13 pp	628,224	$234.3M
CSCOCISCO SYS INC	5.4%	4.6%	+0.77 pp	1,971,628	$231.6M
CPCANADIAN PACIFIC KANSAS CITY	4.9%	4.2%	+0.67 pp	2,426,027	$210.2M
MCOMOODYS CORP	4.5%	4.4%	+0.15 pp	427,920	$193.8M
APDAIR PRODUCTS AND CHEMICALS I	3.8%	1.3%	+2.45 pp	553,359	$162.2M
FICOFAIR ISAAC CORP	2.9%	2.7%	+0.23 pp	103,619	$123.8M
ICEINTERCONTINENTAL EXCHANGE IN	2.9%	5.8%	-2.87 pp	1,003,510	$123.5M
WMBWILLIAMS COS INC	2.6%	2.5%	+0.04 pp	1,486,116	$110.5M
MAMASTERCARD INCORPORATED	2.3%	1.5%	+0.75 pp	189,941	$97.6M
WATWATERS CORP	1.8%	4.8%	-2.98 pp	203,356	$76.3M
CSLCARLISLE COS INC	1.6%	1.3%	+0.30 pp	191,414	$69.4M
LINLINDE PLC	0.8%	1.3%	-0.52 pp	64,789	$33.6M
EFXEQUIFAX INC	0.5%	1.4%	-0.93 pp	134,439	$21.3M
CPRTCOPART INC	0.4%	0.2%	+0.25 pp	656,567	$18.5M
SYKSTRYKER CORPORATION	0.2%	1.6%	-1.46 pp	20,624	$6.5M

What AKO Capital bought and sold in Q2 2026, against Q1 2026.

New positions

No new positions among the largest holdings.

Added to

CPRT Copart Inc+139.6% shares
APD Air Products and Chemicals Inc+137.1% shares
SUNB Sunbelt Rentals Holdings Inc+90.7% shares
MA Mastercard Inc.+22.1% shares

Reduced

SYK Stryker Corporation-91.7% shares
WAT Waters Corp.-75.1% shares
EFX Equifax Inc-66.7% shares
LIN Linde PLC-51.9% shares
ICE Intercontinental Exchange in-46.3% shares
ADI Analog Devices Inc-40.1% shares
CSCO Cisco Sys Inc-35.2% shares
AMZN Amazon Com Inc Com-34.0% shares

Sold out

Share counts compared with the Q1 2026 13F; a split also changes share counts.

How the holdings did against the S&P 500.

1 year: -12.0% /yr; S&P 500 +20.1%
3 years: +6.3% /yr; S&P 500 +20.4%
5 years: +2.9% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Questions about AKO Capital's portfolio

What stocks does AKO Capital own?

Ako Capital LLP's latest 13F, for Q2 2026 and filed Aug 12, 2026, lists 22 positions worth $4.3B. The largest are Alcon AG (ALC) at 15.2%, Sunbelt Rentals Holdings Inc (SUNB) at 10.6%, Visa Inc Com Cl A (V) at 7.9%, Ferrari N V (RACE) at 7.7% and Ge Aerospace (GE) at 6.7%.

What did AKO Capital buy last quarter?

In Q2 2026, Ako Capital LLP added Copart Inc (CPRT) (+139.6% shares), Air Products and Chemicals Inc (APD) (+137.1% shares) and Sunbelt Rentals Holdings Inc (SUNB) (+90.7% shares), compared with its Q1 2026 filing.

What did AKO Capital sell last quarter?

In Q2 2026, Ako Capital LLP sold all of Booking Holdings Inc Com (BKNG), sold all of Salesforce Inc Com (CRM), sold all of Flutter Entmt PLC (FLUT), sold all of Marsh (MRSH), sold all of Relx PLC (RELX), Stryker Corporation (SYK) (-91.7% shares), Waters Corp. (WAT) (-75.1% shares) and Equifax Inc (EFX) (-66.7% shares), compared with its Q1 2026 filing.

How has AKO Capital's portfolio performed?

A portfolio copying Ako Capital LLP's 20 largest 13F holdings each quarter, from the day each filing was public, returned +6.3% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: -12.0% against +20.1%. Over 5 years: +2.9% a year against +11.6%.

When is Ako Capital LLP's next 13F filing due?

13F filings are due 45 days after each quarter ends. Ako Capital LLP's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.