SEC 13F Intelligence

Managers / Q4 2025

CCLA Investment Management

CIK 0001631562 · 1 ANGEL LANE, LONDON, X0, EC4R 3AB · 442074896055

Reported Value
$6.2B
Q4 2025
Positions
55
Filings on Record
25
2020–present window
Filed
Jan 22, 2026
original filing

Summary

Ccla Investment Management reported $6.2B in U.S.-listed holdings across 55 positions for Q4 2025.

Its largest position, GOOG, represents 6.9% of the portfolio.

Compared with Q3 2025, the fund opened 3 new positions and exited 1.

Portfolio Metrics

Turnover
+7.4%
vs prior filed quarter
Top-10 Concentration
+36.4%
share of reported value
Largest Position
+6.9%
Alphabet
New / Exited
3 / 1
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q3 ’20: $3.7BQ3 ’20Q4 ’20: $4.4BQ1 ’21: $5.0BQ2 ’21: $8.2BQ2 ’21Q3 ’21: $6.0BQ4 ’21: $6.1BQ1 ’22: $5.6BQ1 ’22Q3 ’22: $4.1BQ4 ’22: $4.4BQ1 ’23: $5.1BQ1 ’23Q2 ’23: $5.6BQ3 ’23: $5.4BQ4 ’23: $6.1BQ4 ’23Q1 ’24: $6.5BQ2 ’24: $6.5BQ3 ’24: $6.5BQ3 ’24Q4 ’24: $6.3BQ1 ’25: $5.6BQ2 ’25: $124.8BQ2 ’25Q3 ’25: $6.3BQ4 ’25: $6.2Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 94.3%ADR: 4.6%REIT: 1.2%
  • Common Stock · 94.3% · $5.9B
  • ADR · 4.6% · $284M
  • REIT · 1.2% · $73M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BACBank of America CorpNEW+2.25M2.25M+$124M$124M
IHGIntercontinental Hotels GroupNEW+811.7K811.7K+$85M$85M
NFLXNetflix IncNEW+402.9K402.9K+$38M$38M
NOWServiceNow Inc.ADDED+441.6K546.7K−$12M$84M
AREAlexandria Real Estate EquitiesSOLD OUT−829.1K0−$69M$0
APHAmphenol CorpADDED+115.7K359.5K+$18M$49M
BXSLBlackstone Secured Lending Fund Com USD0.001TRIMMED−973.7K1.29M−$25M$34M
ARCCAres Capital CorpTRIMMED−1.02M1.70M−$21M$34M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2025

55 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GOOGAlphabet Inc.history →Cap STK CL C6.93%$432M1.38M
2MSFTMicrosoft Corphistory →COM5.47%$341M705.0K
3AMZNAmazon Com Inc.history →COM4.57%$285M1.23M
4AVGOBroadcom Inchistory →COM3.53%$220M635.3K
5VVisa Inc.history →COM CL A2.93%$182M522.3K
6SPGIS&P Global Inchistory →COM2.80%$175M334.3K
7BIPCBrookfield Infrastructure NPVhistory →COM2.62%$164M4.71M
8KOCoca Cola Cohistory →COM2.55%$159M2.28M
9HDBHDFC Bank Ltdhistory →Sponsored ADS2.51%$157M4.29M
10TMOThermo Fisher Scientific Inc.history →COM2.49%$155M267.6K
11INTUIntuithistory →COM2.37%$148M222.7K
12CMECME Group Inchistory →COM2.30%$144M526.2K
13DHRDanaher Corporationhistory →COM2.29%$143M622.6K
14AAgilent Technologies Inc.history →COM2.29%$143M1.05M
15SYKStryker Corporationhistory →COM2.27%$141M401.9K
16MAMastercard Incorporatedhistory →CL A2.25%$140M246.0K
17ICEIntercontinental Exchange INhistory →COM2.17%$135M834.7K
18TRUTransUnionhistory →COM2.13%$133M1.55M
19SNPSSynopsys Inchistory →COM2.10%$131M278.5K
20NXPINXP Semiconductors N Vhistory →COM2.09%$130M600.4K
21TWTradeweb Markets Inc Comhistory →CL A2.04%$127M1.18M
22ROPRoper Technologies Inchistory →COM2.01%$125M281.4K
23BACBank of America Corphistory →COM1.99%$124M2.25M
24AJGGallagher (Arthur J) Com USD1history →COM1.95%$122M470.3K
25MRSHMarsh & McLennan COS Inc.history →COM1.93%$120M647.8K
26BKNGBooking Holdings Inchistory →COM1.92%$120M22.3K
27PTCPTC Inchistory →COM1.88%$117M674.1K
28TJXTJX Cos Inchistory →COM1.80%$112M730.0K
29ZTSZoetis Inc.history →CL A1.79%$111M885.4K
30TXNTexas Instrs Inc.history →COM1.77%$110M636.3K
31ABTAbbott Labshistory →COM1.70%$106M845.7K
32ORLYO'Reilly Automativehistory →COM1.70%$106M1.16M
33TTTrane Technologies plc USD 1history →COM1.60%$100M257.0K
34FTNTFortinet Inchistory →COM1.60%$100M1.25M
35IRIngersoll Rand Inchistory →COM1.58%$99M1.25M
36DEDeere & Company Com USD1history →COM1.53%$96M205.3K
37MCDMcDonalds Corphistory →COM1.49%$93M304.7K
38IHGIntercontinental Hotels Grouphistory →COM1.36%$85M811.7K
39NOWServiceNow Inc.history →COM1.34%$84M546.7K
40MELIMercadoLibre Inchistory →COM NPV1.24%$78M38.5K
41AMTAmerican Tower Corp Newhistory →COM1.17%$73M414.3K
42BEPCBrookfield Renewable Partners LP NPVhistory →PARTNERSHIP UNIT0.95%$59M2.20M
43AMEAmetek Inc.history →COM0.89%$56M271.6K
44APHAmphenol Corphistory →Corp A0.78%$49M359.5K
45TSMTSMChistory →Sponsored ADR0.69%$43M141.3K
46NFLXNetflix Inchistory →COM0.61%$38M402.9K
47ARCCAres Capital Corphistory →COM0.55%$34M1.70M
48BXSLBlackstone Secured Lending Fund Com USD0.001history →COM0.54%$34M1.29M
49FSKFS KKR Capital Corphistory →COM0.41%$25M1.72M
50MDTMedtronic Plchistory →SHS0.21%$13M135.6K
51JNJJohnson & JohnsonCOM0.10%$6M28.9K
52CSCOCisco Sys IncCOM0.08%$5M64.7K
53ADPAutomatic Data Processing InCOM0.06%$4M13.9K
54PGProcter and Gamble CoCOM0.05%$3M20.2K
55HDHome Depot IncCOM0.03%$2M6.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q4 2025$6.2B55Jan 22, 202613F-HRchanges · EDGAR ↗
Q3 2025$6.3B53Oct 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$124.8B53Aug 1, 202513F-HRchanges · EDGAR ↗
Q1 2025$5.6B55May 9, 202513F-HRchanges · EDGAR ↗
Q4 2024$6.3B59Jan 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$6.5B69Nov 7, 202413F-HRchanges · EDGAR ↗
Q2 2024$6.5B69Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$6.5B69May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$6.1B70Feb 8, 202413F-HRchanges · EDGAR ↗
Q3 2023$5.4B72Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$5.6B72Aug 1, 202313F-HRchanges · EDGAR ↗
Q1 2023$5.1B76May 3, 202313F-HRchanges · EDGAR ↗
Q4 2022$4.4B72Feb 1, 202313F-HRchanges · EDGAR ↗
Q3 2022$4.1B73Nov 9, 202213F-HRchanges · EDGAR ↗
Q1 2022$5.6B75May 5, 2022RESTATEMENTchanges · EDGAR ↗
Q4 2021$6.1B74Feb 8, 202213F-HRchanges · EDGAR ↗
Q3 2021$6.0B74Oct 29, 202113F-HRchanges · EDGAR ↗
Q2 2021$8.2B73Aug 9, 202113F-HRchanges · EDGAR ↗
Q1 2021REVEALED$5.0B71May 10, 202113F-HRchanges · EDGAR ↗
Q4 2020$4.4B69May 5, 2021RESTATEMENTchanges · EDGAR ↗
Q3 2020$3.7B61Nov 13, 202013F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.