13F filing recap · Q1 2026

What did AKO Capital buy in Q1 2026?

Reported stock-position changes between this filing and the previous one.

Stock value

$5.11B

Positions

Estimated turnover

37.3%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

Quarter in review

AKO Capital opened new positions in Sunbelt Rentals Holdings, Williams Companies, Stryker, Air Products and Chemicals, Carlisle Companies, and Relx, while exiting Intuit entirely. The firm added to Alcon, Waters, Booking Holdings, Fair Isaac, Mastercard, Linde, and Salesforce, with the Linde increase standing out as dramatic. Trims included Amazon, Visa, Analog Devices, Ferrari, Intercontinental Exchange, General Electric, Microsoft, Cisco, Moody’s, Canadian Pacific Kansas City, Equifax, Flutter Entertainment, Marsh & McLennan, and Copart.

New positions

SUNBSunbelt Rentals Holdings, Inc.$207.33Mreported value+3.19M shares WMBWilliams Companies, Inc.$129.25Mreported value+1.78M shares SYKStryker Corp$82.11Mreported value+249.9K shares APDAir Products and Chemicals, Inc.$67.79Mreported value+233.4K shares

Increased positions

ALCAlcon Inc.$695.60Mreported value+1.64M shares+21.3%WATWaters Corporation$243.28Mreported value+63.5K shares+8.4%BKNGBooking Holdings Inc.$210.19Mreported value+7.1K shares+16.6%FICOFair Isaac Corp$135.80Mreported value+14.4K shares

Reduced positions

AMZNAmazon.com Inc$360.55Mreported value-6.4K shares-0.4%VVisa Inc.$358.74Mreported value-251.0K shares-17.5%ADIAnalog Devices, Inc.$327.53Mreported value-218.5K shares-17.5%RACEFerrari N.v.$310.80Mreported value-18.3K shares

Exited positions

INTUIntuit Inc.$158.24Mprior reported value-238.9K shares-100.0%