SEC 13F Intelligence

Managers / Q1 2025 · view latest →

London & Capital Asset Management Ltd

CIK 0001767559 · TWO FITZROY PLACE, 8 MORTIMER STREET, LONDON, X0, W1T 3JJ · 0207 396 3200

Reported Value
$1.2B
Q1 2025
Positions
95
Filings on Record
31
2019–present window
Filed
May 15, 2025
original filing

Summary

London & Capital Asset Management Ltd reported $1.2B in U.S.-listed holdings across 95 positions for Q1 2025.

Its largest position, MSFT, represents 6.2% of the portfolio.

Compared with Q4 2024, the fund opened 20 new positions and exited 16.

Portfolio Metrics

Turnover
+25.3%
vs prior filed quarter
Top-10 Concentration
+45.0%
share of reported value
Largest Position
+6.2%
Microsoft
New / Exited
20 / 16
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. 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
Q4 ’18: $652MQ4 ’18Q1 ’19: $666MQ2 ’19: $477MQ3 ’19: $586MQ4 ’19: $622MQ4 ’19Q1 ’20: $426MQ2 ’20: $575MQ3 ’20: $748MQ4 ’20: $901MQ4 ’20Q1 ’21: $1.1BQ2 ’21: $1.2BQ3 ’21: $1.4BQ4 ’21: $1.6BQ4 ’21Q1 ’22: $1.4BQ2 ’22: $1.3BQ3 ’22: $1.1BQ4 ’22: $1.1BQ4 ’22Q1 ’23: $1.1BQ2 ’23: $1.0BQ3 ’23: $1.1BQ4 ’23: $1.2BQ4 ’23Q1 ’24: $1.3BQ2 ’24: $1.2BQ3 ’24: $1.3BQ4 ’24: $1.2BQ4 ’24Q1 ’25: $1.2BQ2 ’25: $1.3BQ3 ’25: $1.4BQ4 ’25: $9.7BQ4 ’25Q1 ’26: $9.2Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 81.5%ETP: 10.3%ADR: 4.3%Other: 1.3%REIT: 1.3%Other: 1.3%
  • Common Stock · 81.5% · $950M
  • ETP · 10.3% · $120M
  • ADR · 4.3% · $50M
  • Other · 1.3% · $16M
  • REIT · 1.3% · $16M
  • Other · 1.3% · $15M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CMECME GROUP INCNEW+30.8K30.8K+$8M$8M
MRSHMARSH & MCLENNAN COS INCNEW+30.2K30.2K+$7M$7M
AXPAMERICAN EXPRESS CONEW+21.9K21.9K+$6M$6M
GE AEROSPACENEW+25.3K25.3K+$5M$5M
GEVGE VERNOVA INCNEW+15.8K15.8K+$5M$5M
AMPLIFY ETF TRNEW+368.0K368.0K+$4M$4M
VMCVULCAN MATLS CONEW+18.6K18.6K+$4M$4M
AMDADVANCED MICRO DEVICES INCNEW+41.1K41.1K+$4M$4M

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

Holdings — Q1 2025

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM6.16%$72M191.3K
2GQ9SPDR GOLD TRhistory →GOLD SHS5.45%$64M220.8K
3IBMINTERNATIONAL BUSINESS MACHShistory →COM4.89%$57M229.6K
4TMUST-MOBILE US INChistory →COM4.81%$56M210.2K
5TMOTHERMO FISHER SCIENTIFIC INChistory →COM4.68%$55M109.7K
6GOOGALPHABET INCCAP STK CL C · CAP STK CL A4.58%$53M342.6K
7QCOMQUALCOMM INChistory →COM4.39%$51M333.1K
8UNHUNITEDHEALTH GROUP INChistory →COM3.92%$46M87.4K
9WMWASTE MGMT INC DELhistory →COM3.58%$42M180.2K
10BACVERIZON COMMUNICATIONS INChistory →COM3.29%$38M846.3K
11FERGFERGUSON ENTERPRISES INChistory →COMMON STOCK NEW3.27%$38M237.8K
12DISDISNEY WALT COhistory →COM2.88%$34M340.8K
13YUMCYUM CHINA HLDGS INChistory →COM2.71%$32M607.4K
14VVISA INChistory →COM CL A2.45%$29M81.4K
15UPSUNITED PARCEL SERVICE INChistory →CL B2.34%$27M248.6K
16MAMASTERCARD INCORPORATEDhistory →CL A1.95%$23M41.6K
17ISRGINTUITIVE SURGICAL INChistory →COM NEW1.92%$22M45.2K
18AMZNAMAZON COM INChistory →COM1.82%$21M111.6K
19SNPSSYNOPSYS INChistory →COM1.79%$21M48.7K
20TSMTAIWAN SEMICONDUCTOR MFG LTDhistory →SPONSORED ADS1.77%$21M124.6K
21DUTMOODYS CORPhistory →COM1.75%$20M43.7K
22CDNSCADENCE DESIGN SYSTEM INChistory →COM1.72%$20M78.9K
23ADBEADOBE INChistory →COM1.55%$18M47.2K
24MSCIMSCI INChistory →COM1.46%$17M30.2K
25PYPLPAYPAL HLDGS INChistory →COM1.35%$16M241.3K
26AMTAMERICAN TOWER CORP NEWhistory →COM1.33%$16M71.3K
27SNYSANOFIhistory →SPONSORED ADR1.28%$15M269.0K
28PHGKONINKLIJKE PHILIPS N Vhistory →NY REGIS SHS NEW1.24%$15M571.5K
29ASML HOLDING N VN Y REGISTRY SHS1.23%$14M21.7K
30AAPLAPPLE INChistory →COM1.18%$14M62.0K
31VANECK ETF TRUSTGOLD MINERS ETF1.12%$13M283.2K
32RGENREPLIGEN CORPhistory →COM1.07%$13M98.3K
33AFWALIGN TECHNOLOGY INChistory →COM1.06%$12M77.5K
34PCARPACCAR INCCOM0.73%$9M87.8K
35NVONOVO-NORDISK A SADR0.72%$8M121.6K
36VANGUARD INDEX FDSS&P 500 ETF SHS0.70%$8M16.0K
37CMECME GROUP INCCOM0.70%$8M30.8K
38MRSHMARSH & MCLENNAN COS INCCOM0.63%$7M30.2K
39ELLAUDER ESTEE COS INCCL A0.57%$7M100.1K
40AXPAMERICAN EXPRESS COCOM0.51%$6M21.9K
41TJXTJX COS INC NEWCOM0.46%$5M44.2K
42GE AEROSPACECOM NEW0.43%$5M25.3K
43GEVGE VERNOVA INCCOM0.41%$5M15.8K
44AMPLIFY ETF TRAMPLIFY JUNIOR S0.38%$4M368.0K
45JNJJOHNSON & JOHNSONCOM0.38%$4M26.8K
46WECWEC ENERGY GROUP INCCOM0.38%$4M40.7K
47VMCVULCAN MATLS COCOM0.37%$4M18.6K
48AMDADVANCED MICRO DEVICES INCCOM0.36%$4M41.1K
49TSLATESLA INCCOM0.36%$4M16.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$9.2B223May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$9.7B239Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.4B81Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.3B96Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.2B95May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.2B91Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.3B83Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.2B76Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.3B77May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.2B76Jan 30, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.1B78Nov 15, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.0B72Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.1B70May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.1B74Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.1B77Nov 29, 2022RESTATEMENTchanges · EDGAR ↗
Q2 2022$1.3B72Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.4B68May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.6B79Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.4B80Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.2B80Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.1B87May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$901M75Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$748M60Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$575M105Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$426M81May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$622M91Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$586M85Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019$477M89Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$666M90May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$652M84Feb 14, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • London & Capital Wealth Advisers Ltd028-19374

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 ↗.