Blue Whale Capital LLP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Blue Whale Capital LLP reported 21 stock positions worth $1.2 billion. Its top holding was Nvidia (NVDA) at 12.6% of the portfolio, followed by Lam Research (LRCX, 10.9%) and Broadcom (AVGO, 8.4%). Compared with Q4 2024, it opened 3 new positions, sold out of 1, added to 10 and reduced 8. The biggest buy was Apollo Global Management (APO, shares +117%) and the biggest sale an exit from Applied Materials (AMAT).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001801547
- Portfolio Value
- $1.2B (Q1 2025)
- SEC Filing
- 0001801547-25-000002 ↗ filed May 14, 2025
Holdings Value
Holdings 21 stocks · $1.2B
| NVDA Nvidia Corp. | 12.64% | 1,441,032 | $156.2M | Add +31.8% |
| LRCX Lam Research Corp. | 10.85% | 1,844,035 | $134.1M | Reduce -10.5% |
| AVGO Broadcom Inc. | 8.39% | 619,209 | $103.7M | Reduce -9.6% |
| APO Apollo Global Management Inc. | 6.91% | 623,495 | $85.4M | Add +117.3% |
| TSM Taiwan Semiconductor-SP ADR | 6.30% | 469,033 | $77.9M | Reduce -26.8% |
| PM Philip Morris International | 6.16% | 479,695 | $76.1M | Add +5.6% |
| DHR Danaher Corp. | 5.75% | 346,246 | $71.0M | Add +5.0% |
| FLUT Flutter Entertainment PLC-Di | 5.30% | 295,450 | $65.5M | Reduce -3.5% |
| ORCL Oracle Corp. | 4.51% | 398,728 | $55.7M | Add +17.7% |
| VRT Vertiv Holdings Co. Class A | 4.28% | 732,118 | $52.9M | Add +29.1% |
| META Meta Platforms Inc. Class A | 4.22% | 90,334 | $52.1M | Add +19.4% |
| V Visa Inc. Class A | 3.92% | 138,097 | $48.4M | Reduce -38.1% |
| UNH Unitedhealth Group Inc. | 3.27% | 77,152 | $40.4M | Add +1.3% |
| LEN Lennar Corp. Class A | 3.18% | 342,711 | $39.3M | New |
| RBLX Roblox Corp. Class A | 2.75% | 583,233 | $34.0M | Reduce -24.1% |
| ARES Ares Management Corp. Class A | 2.70% | 227,151 | $33.3M | Reduce -0.7% |
| HRB H&R Block Inc. filed as BLOCK H & R INC | 2.49% | 560,907 | $30.8M | Add +14.5% |
| MA Mastercard Inc. Class A | 2.32% | 52,364 | $28.7M | New |
| SCHW Schwab (charles) Corp. | 2.11% | 333,681 | $26.1M | Add +49.1% |
| MRP Millrose Properties | 1.27% | 589,986 | $15.6M | New |
| MSFT Microsoft Corp. | 0.65% | 21,493 | $8.1M | Reduce -68.1% |
Portfolio Sells Q4 2024 → Q1 2025
| AMAT Applied Materials Inc. | Sold out | 0.00% | −5.82 |
| AVGO Broadcom Inc. | Reduce -9.6% | 8.39% | −3.40 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -26.8% | 6.30% | −3.10 |
| MSFT Microsoft Corp. | Reduce -68.1% | 0.65% | −1.46 |
| V Visa Inc. Class A | Reduce -38.1% | 3.92% | −1.32 |
| FLUT Flutter Entertainment PLC-Di | Reduce -3.5% | 5.30% | −0.58 |
| RBLX Roblox Corp. Class A | Reduce -24.1% | 2.75% | −0.55 |
| ARES Ares Management Corp. Class A | Reduce -0.7% | 2.70% | −0.31 |
| LRCX Lam Research Corp. | Reduce -10.5% | 10.85% | −0.20 |
Portfolio Buys Q4 2024 → Q1 2025
| APO Apollo Global Management Inc. | Add +117.3% | 6.91% | +3.39 |
| LEN Lennar Corp. Class A | New | 3.18% | +3.18 |
| MA Mastercard Inc. Class A | New | 2.32% | +2.32 |
| PM Philip Morris International | Add +5.6% | 6.16% | +2.10 |
| NVDA Nvidia Corp. | Add +31.8% | 12.64% | +1.74 |
| MRP Millrose Properties | New | 1.27% | +1.27 |
| META Meta Platforms Inc. Class A | Add +19.4% | 4.22% | +0.92 |
| SCHW Schwab (charles) Corp. | Add +49.1% | 2.11% | +0.88 |
| HRB H&R Block Inc. | Add +14.5% | 2.49% | +0.57 |
| UNH Unitedhealth Group Inc. | Add +1.3% | 3.27% | +0.41 |
| ORCL Oracle Corp. | Add +17.7% | 4.51% | +0.32 |
| DHR Danaher Corp. | Add +5.0% | 5.75% | +0.12 |
| VRT Vertiv Holdings Co. Class A | Add +29.1% | 4.28% | −0.50 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 27 | $3.2B | LRCX, AMAT, NVDA, SNDK, AVGO |
| Q1 2026 | 26 | $2.1B | LRCX, NVDA, MSI, LITE, TSM |
| Q4 2025 | 24 | $1.9B | NVDA, LRCX, FLUT, VRT, TSM |
| Q3 2025 | 23 | $1.8B | NVDA, LRCX, TSM, AVGO, VRT |
| Q2 2025 | 20 | $1.5B | NVDA, LRCX, AVGO, TSM, APO |
| Q1 2025 | 21 | $1.2B | NVDA, LRCX, AVGO, APO, TSM |
| Q4 2024 | 19 | $1.3B | AVGO, LRCX, NVDA, TSM, FLUT |
| Q3 2024 | 20 | $1.3B | AMAT, AVGO, NVDA, VRT, LRCX |
| Q2 2024 | 19 | $1.0B | AMAT, NVDA, MSFT, SCHW, LRCX |
| Q1 2024 | 16 | $947.3M | NVDA, LRCX, MSFT, SCHW, AMAT |