13F filing recap · Q2 2026

What did AKO Capital buy in Q2 2026?

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

Stock value

$4.29B

Positions

Estimated turnover

42.1%

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 exited Booking Holdings, Marsh & McLennan, Relx, Salesforce, and Flutter Entertainment during the period. It substantially added to Sunbelt Rentals Holdings and sharply increased its stakes in Air Products and Chemicals and Copart. The investor also trimmed Visa, General Electric, Amazon, Microsoft, and several other positions, while substantially reducing Analog Devices, Cisco Systems, Intercontinental Exchange, Waters, Linde, Equifax, and Stryker.

Increased positions

ALCAlcon Inc.$651.94Mreported value+358.3K shares+3.8%SUNBSunbelt Rentals Holdings, Inc.$454.46Mreported value+2.89M shares+90.7%APDAir Products and Chemicals, Inc.$162.23Mreported value+320.0K shares+137.1%MAMastercard Inc$97.55Mreported value+34.3K shares+22.1%

Reduced positions

VVisa Inc.$337.99Mreported value-201.8K shares-17.0%RACEFerrari N.v.$328.94Mreported value-40.2K shares-4.3%GEGeneral Electric Company$288.30Mreported value-225.4K shares-22.6%AMZNAmazon.com Inc$272.14Mreported value-589.3K shares

Exited positions

BKNGBooking Holdings Inc.$210.19Mprior reported value-49.9K shares-100.0%CRMSalesforce, Inc.$66.23Mprior reported value-354.8K shares-100.0%FLUTFlutter Entertainment Plc$49.65Mprior reported value-487.0K shares-100.0%MRSHMarsh & Mclennan Companies, Inc.$45.36Mprior reported value