Blue Whale Capital LLP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Blue Whale Capital LLP reported 24 stock positions worth $1.9 billion. Its top holding was Nvidia (NVDA) at 12.7% of the portfolio, followed by Lam Research (LRCX, 12.5%) and Flutter Entertainment PLC-Di (FLUT, 8.7%). Compared with Q3 2025, it opened 4 new positions, sold out of 3, added to 10 and reduced 10. The biggest buy was Flutter Entertainment PLC-Di (FLUT, shares +116%) and the biggest sale Taiwan Semiconductor-SP ADR (TSM, shares −43%).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001801547
- Portfolio Value
- $1.9B (Q4 2025)
- SEC Filing
- 0001801547-26-000002 ↗ filed Feb 13, 2026
Holdings Value
Holdings 24 stocks · $1.9B
| NVDA Nvidia Corp. | 12.68% | 1,324,861 | $247.1M | Add +8.1% |
| LRCX Lam Research Corp. | 12.51% | 1,423,630 | $243.7M | Reduce -16.3% |
| FLUT Flutter Entertainment PLC-Di | 8.72% | 789,925 | $169.9M | Add +115.5% |
| VRT Vertiv Holdings Co. Class A | 7.47% | 898,851 | $145.6M | Add +29.9% |
| TSM Taiwan Semiconductor-SP ADR | 6.41% | 410,748 | $124.8M | Reduce -42.8% |
| AVGO Broadcom Inc. | 6.32% | 355,798 | $123.1M | Reduce -2.3% |
| NEM Newmont Corp. | 5.33% | 1,040,095 | $103.9M | Add +150.8% |
| UBER Uber Technologies Inc. | 4.50% | 1,072,788 | $87.7M | Add +8.0% |
| APP AppLovin Corp. Class A | 3.59% | 103,917 | $70.0M | Add +69.0% |
| ARES Ares Management Corp. Class A | 3.52% | 424,634 | $68.6M | Add +6.2% |
| APO Apollo Global Management Inc. | 3.51% | 471,876 | $68.3M | Reduce -31.6% |
| LLY Eli Lilly & Co. | 3.19% | 57,878 | $62.2M | New |
| DHR Danaher Corp. | 2.66% | 226,679 | $51.9M | Reduce -32.9% |
| LITE Lumentum Holdings Inc. | 2.63% | 139,265 | $51.3M | New |
| RGEN Repligen Corp. | 2.59% | 308,467 | $50.5M | Add +26.9% |
| PM Philip Morris International | 2.50% | 303,397 | $48.7M | Reduce -39.1% |
| STX Seagate Technology Holdings | 2.10% | 148,274 | $40.8M | Reduce -33.1% |
| IBKR Interactive Brokers Gro Class A | 1.89% | 574,064 | $36.9M | Add +81.9% |
| HON Honeywell International Inc. | 1.70% | 170,221 | $33.2M | New |
| MSI Motorola Solutions Inc. | 1.39% | 70,654 | $27.1M | New |
| COF Capital One Financial Corp. | 1.35% | 108,568 | $26.3M | Reduce -22.4% |
| MRP Millrose Properties | 1.28% | 834,287 | $24.9M | Reduce -63.2% |
| SCHW Schwab (charles) Corp. | 1.27% | 248,206 | $24.8M | Add +46.2% |
| RBLX Roblox Corp. Class A | 0.89% | 213,462 | $17.3M | Reduce -12.3% |
Portfolio Sells Q3 2025 → Q4 2025
| TSM Taiwan Semiconductor-SP ADR | Reduce -42.8% | 6.41% | −4.68 |
| MRP Millrose Properties | Reduce -63.2% | 1.28% | −2.94 |
| ORCL Oracle Corp. | Sold out | 0.00% | −2.61 |
| PM Philip Morris International | Reduce -39.1% | 2.50% | −1.97 |
| V Visa Inc. Class A | Sold out | 0.00% | −1.81 |
| APO Apollo Global Management Inc. | Reduce -31.6% | 3.51% | −1.58 |
| DHR Danaher Corp. | Reduce -32.9% | 2.66% | −1.04 |
| RBLX Roblox Corp. Class A | Reduce -12.3% | 0.89% | −0.98 |
| STX Seagate Technology Holdings | Reduce -33.1% | 2.10% | −0.80 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.59 |
| AVGO Broadcom Inc. | Reduce -2.3% | 6.32% | −0.33 |
| COF Capital One Financial Corp. | Reduce -22.4% | 1.35% | −0.30 |
| LRCX Lam Research Corp. | Reduce -16.3% | 12.51% | −0.10 |
Portfolio Buys Q3 2025 → Q4 2025
| FLUT Flutter Entertainment PLC-Di | Add +115.5% | 8.72% | +3.57 |
| NEM Newmont Corp. | Add +150.8% | 5.33% | +3.40 |
| LLY Eli Lilly & Co. | New | 3.19% | +3.19 |
| LITE Lumentum Holdings Inc. | New | 2.63% | +2.63 |
| HON Honeywell International Inc. | New | 1.70% | +1.70 |
| VRT Vertiv Holdings Co. Class A | Add +29.9% | 7.47% | +1.70 |
| MSI Motorola Solutions Inc. | New | 1.39% | +1.39 |
| APP AppLovin Corp. Class A | Add +69.0% | 3.59% | +1.15 |
| RGEN Repligen Corp. | Add +26.9% | 2.59% | +0.80 |
| IBKR Interactive Brokers Gro Class A | Add +81.9% | 1.89% | +0.69 |
| SCHW Schwab (charles) Corp. | Add +46.2% | 1.27% | +0.38 |
| NVDA Nvidia Corp. | Add +8.1% | 12.68% | +0.03 |
| ARES Ares Management Corp. Class A | Add +6.2% | 3.52% | −0.02 |
| UBER Uber Technologies Inc. | Add +8.0% | 4.50% | −0.89 |
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 |