Capital International Investors
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 12, 2025), Capital International Investors reported 433 stock positions worth $506.3 billion. Its top holding was Microsoft (MSFT) at 5.8% of the portfolio, followed by Broadcom (AVGO, 5.4%) and Philip Morris International (PM, 2.9%). Compared with Q4 2024, it opened 15 new positions, sold out of 30, added to 200 and reduced 177. The biggest buy was Mondelez International Class A (MDLZ, shares +254%) and the biggest sale Broadcom (AVGO, shares −13%).
- Most Recent 13F
- Q2 2026
- Location
- Los Angeles, CA
- CIK
- 0001562230
- Portfolio Value
- $506.3B (Q1 2025)
- SEC Filing
- 0000732812-25-000010 ↗ filed May 12, 2025
Holdings Value
Holdings 433 stocks · $506.3B
| MSFT Microsoft Corp. | 5.83% | 78,678,064 | $29.5B | Add +2.4% |
| AVGO Broadcom Inc. | 5.41% | 163,682,774 | $27.4B | Reduce -13.2% |
| PM Philip Morris International | 2.90% | 92,500,275 | $14.7B | Reduce -0.2% |
| GOOG Alphabet Inc. Class C | 2.86% | 92,659,374 | $14.5B | Add +1.6% |
| META Meta Platforms Inc. Class A | 2.84% | 24,908,592 | $14.4B | Reduce -6.0% |
| AAPL Apple Inc. | 2.50% | 57,069,256 | $12.7B | Add +1.8% |
| AMZN Amazon.com Inc. | 2.34% | 62,345,271 | $11.9B | Add +8.9% |
| NVDA Nvidia Corp. | 2.13% | 99,407,092 | $10.8B | Add +58.1% |
| MA Mastercard Inc. Class A | 1.88% | 17,353,602 | $9.5B | Reduce -14.4% |
| GE General Electric filed as GE AEROSPACE | 1.87% | 47,330,131 | $9.5B | Reduce -0.8% |
| ABT Abbott Laboratories | 1.75% | 66,824,002 | $8.9B | Reduce -1.7% |
| UNH Unitedhealth Group Inc. | 1.72% | 16,650,107 | $8.7B | Add +6.6% |
| TDG Transdigm Group Inc. | 1.71% | 6,257,830 | $8.7B | Reduce -0.0% |
| LLY Eli Lilly & Co. | 1.55% | 9,499,569 | $7.8B | Add +8.8% |
| V Visa Inc. Class A | 1.47% | 21,180,250 | $7.4B | Reduce -11.1% |
| RTX RTX Corp. | 1.42% | 54,370,669 | $7.2B | Reduce -1.5% |
| JPM JPMorgan Chase & Co. | 1.39% | 28,778,237 | $7.1B | Reduce -12.3% |
| RCL Royal Caribbean Cruises Ltd. | 1.30% | 31,996,457 | $6.6B | Add +7.7% |
| WELL Welltower Inc. | 1.29% | 42,593,876 | $6.5B | Add +14.8% |
| CEG Constellation Energy | 1.15% | 28,912,078 | $5.8B | Add +3.5% |
| GOOGL Alphabet Inc. Class A | 1.07% | 35,009,326 | $5.4B | Add +5.5% |
| AMGN Amgen Inc. | 0.93% | 15,134,865 | $4.7B | Add +23.9% |
| NOC Northrop Grumman Corp. | 0.90% | 8,853,055 | $4.5B | Add +7.5% |
| MRSH Marsh & McLennan Cos | 0.88% | 18,274,214 | $4.5B | Add +0.2% |
| TFC Truist Financial Corp. | 0.85% | 104,654,264 | $4.3B | Add +15.5% |
| ABBV Abbvie Inc. | 0.85% | 20,536,730 | $4.3B | Reduce -28.0% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.84% | 14,679,783 | $4.2B | Add +16.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.80% | 24,456,962 | $4.1B | Add +10.1% |
| BMY Bristol-Myers Squibb Co. | 0.80% | 66,465,773 | $4.1B | Add +44.9% |
| PAYX Paychex Inc. | 0.78% | 25,659,515 | $4.0B | Reduce -4.6% |
| MDLZ Mondelez International Inc. Class A | 0.76% | 56,896,325 | $3.9B | Add +253.7% |
| COP Conocophillips | 0.74% | 35,497,318 | $3.7B | Add +13.5% |
| CHTR Charter Communications Inc. Class A | 0.73% | 10,079,698 | $3.7B | Add +3.6% |
| GEV GE Vernova Inc. | 0.73% | 12,117,194 | $3.7B | Reduce -18.4% |
| CARR Carrier Global Corp. | 0.73% | 58,319,938 | $3.7B | Reduce -22.1% |
| SRE Sempra | 0.72% | 51,251,071 | $3.7B | Add +3.0% |
| CRM Salesforce Inc. | 0.72% | 13,581,127 | $3.6B | Reduce -18.4% |
| MELI MercadoLibre Inc. | 0.67% | 1,745,448 | $3.4B | Add +3.5% |
| SHOP Shopify Inc. Class A | 0.67% | 35,318,518 | $3.4B | Reduce -3.3% |
| IR Ingersoll-Rand Inc. | 0.66% | 41,662,417 | $3.3B | Add +13.6% |
| KKR KKR & Co. Inc. | 0.66% | 28,701,648 | $3.3B | Reduce -18.4% |
| CNP Centerpoint Energy Inc. | 0.62% | 87,215,458 | $3.2B | Reduce -0.3% |
| MS Morgan Stanley | 0.62% | 26,984,106 | $3.1B | Reduce -10.0% |
| LIN Linde PLC | 0.62% | 6,713,519 | $3.1B | Reduce -28.6% |
| NFLX Netflix Inc. | 0.61% | 3,335,759 | $3.1B | Reduce -30.4% |
| XOM Exxon Mobil Corp. | 0.61% | 26,055,788 | $3.1B | Reduce -5.9% |
| DHR Danaher Corp. | 0.61% | 15,062,295 | $3.1B | Reduce -14.7% |
| WFC Wells Fargo & Co. | 0.57% | 40,492,642 | $2.9B | Reduce -11.9% |
| BTI British American Tob-SP ADR | 0.50% | 61,350,483 | $2.5B | Add +57.8% |
| REGN Regeneron Pharmaceuticals | 0.50% | 3,989,132 | $2.5B | Reduce -15.8% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.49% | 7,225,946 | $2.5B | Reduce -28.2% |
| EFX Equifax Inc. | 0.48% | 10,074,743 | $2.5B | Add +12.8% |
| YUM Yum! Brands Inc. | 0.48% | 15,510,795 | $2.4B | Add +0.3% |
| KLAC KLA Corp. | 0.48% | 3,572,559 | $2.4B | Reduce -0.9% |
| ELV Elevance Health Inc. | 0.48% | 5,555,887 | $2.4B | Add +43.2% |
| SO The Southern Co. | 0.47% | 25,771,200 | $2.4B | Reduce -5.4% |
| FDX FedEx Corp. | 0.46% | 9,657,470 | $2.4B | Add +4.3% |
| AZN Astrazeneca PLC-Spons ADR | 0.45% | 31,285,560 | $2.3B | Reduce -16.6% |
| DB Deutsche Bank AG-Registered | 0.45% | 96,023,316 | $2.3B | Add +9.5% |
| ACN Accenture PLC Class A | 0.44% | 7,129,032 | $2.2B | Reduce -16.3% |
| ASML ASML Holding NV-NY Reg SHS | 0.44% | 3,320,073 | $2.2B | Reduce -3.3% |
| DRI Darden Restaurants Inc. | 0.42% | 10,224,579 | $2.1B | Add +1.5% |
| TMUS T-Mobile US Inc. | 0.41% | 7,718,678 | $2.1B | Add +18.3% |
| PNC PNC Financial Services Group | 0.40% | 11,473,460 | $2.0B | Reduce -6.0% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.39% | 61,036,369 | $2.0B | Reduce -1.2% |
| HSY The Hershey Co. | 0.39% | 11,606,937 | $2.0B | Reduce -6.8% |
| UNP Union Pacific Corp. | 0.39% | 8,377,636 | $2.0B | Reduce -3.8% |
| KO The Coca-Cola Co. | 0.39% | 27,441,739 | $2.0B | Add +10.0% |
| SAP Sap SE-Sponsored ADR | 0.39% | 7,289,419 | $2.0B | Reduce -28.6% |
| NOW ServiceNow Inc. | 0.38% | 2,408,624 | $1.9B | Reduce -1.6% |
| AMAT Applied Materials Inc. | 0.37% | 12,898,244 | $1.9B | Reduce -17.8% |
| MU Micron Technology Inc. | 0.37% | 21,329,392 | $1.9B | Add +29.8% |
| CB Chubb Ltd. | 0.36% | 6,118,795 | $1.8B | Add +1.8% |
| APD Air Products & Chemicals Inc. | 0.36% | 6,171,502 | $1.8B | Add +309.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.36% | 14,819,964 | $1.8B | Add +1.2% |
| CVS CVS Health Corp. | 0.35% | 26,187,658 | $1.8B | Reduce -1.8% |
| HD Home Depot Inc. | 0.34% | 4,737,752 | $1.7B | Add +9.8% |
| TRP TC Energy Corp. | 0.34% | 36,713,753 | $1.7B | Reduce -8.2% |
| BLK BlackRock Inc. | 0.34% | 1,815,388 | $1.7B | Add +21.2% |
| EA Electronic Arts Inc. | 0.33% | 11,588,370 | $1.7B | Reduce -4.7% |
| BX Blackstone Inc. | 0.32% | 11,717,753 | $1.6B | Reduce -8.9% |
| RYAAY Ryanair Holdings PLC-SP ADR | 0.31% | 37,434,254 | $1.6B | Reduce -3.5% |
| HLT Hilton Worldwide Holdings Inc. | 0.31% | 6,905,603 | $1.6B | Reduce -4.4% |
| URI United Rentals Inc. | 0.31% | 2,492,475 | $1.6B | Add +137.1% |
| SPGI S&P Global Inc. | 0.30% | 3,025,826 | $1.5B | Reduce -49.7% |
| PGR Progressive Corp. | 0.30% | 5,428,944 | $1.5B | Add +1.9% |
| FTAI Ftai Aviation Ltd. | 0.30% | 13,682,311 | $1.5B | Add +28.1% |
| APO Apollo Global Management Inc. | 0.30% | 11,076,474 | $1.5B | Add +1.1% |
| ATO Atmos Energy Corp. | 0.30% | 9,767,164 | $1.5B | Add +19.7% |
| TOST Toast Inc. Class A | 0.29% | 44,588,020 | $1.5B | Add +6.3% |
| ONC Beone Medicines Ltd.-ADR filed as BEIGENE LTD | 0.27% | 5,090,970 | $1.4B | Reduce -16.7% |
| UAL United Airlines Holdings Inc. | 0.27% | 19,948,456 | $1.4B | Reduce -6.2% |
| BURL Burlington Stores Inc. | 0.27% | 5,709,625 | $1.4B | Add +10.7% |
| TXN Texas Instruments Inc. | 0.27% | 7,472,795 | $1.3B | Add +43.9% |
| CTVA Corteva Inc. | 0.26% | 20,857,597 | $1.3B | Reduce -11.1% |
| DAY Dayforce Inc. | 0.24% | 20,964,493 | $1.2B | Add +18.7% |
| CME Cme Group Inc. | 0.23% | 4,433,607 | $1.2B | Add +64.9% |
| IP International Paper Co. | 0.23% | 21,901,972 | $1.2B | New |
| WCN Waste Connections Inc. | 0.23% | 5,973,444 | $1.2B | Add +0.4% |
| CSGP Costar Group Inc. | 0.23% | 14,669,837 | $1.2B | Add +4.5% |
Other holdings (8): bonds, preferreds, convertibles and warrants · $2.2B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 12,437,033 | $626.0M | New |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 9,922,713 | $593.7M | Reduce -19.5% |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 8,959,500 | $442.6M | New |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 4,626,017 | $164.9M | Add +741.1% |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 1,875,000 | $157.5M | New |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 3,377,200 | $151.1M | Reduce -38.5% |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 970,400 | $70.9M | No change |
| MNTSW Momentus Inc.-CW26 | *W EXP 08/12/202 | 2,225,000 | $54K | No change |
Total filed on the 13F, all lines: $508.5B.
Portfolio Sells Q4 2024 → Q1 2025
| AVGO Broadcom Inc. | Reduce -13.2% | 5.41% | −2.82 |
| CRM Salesforce Inc. | Reduce -18.4% | 0.72% | −0.33 |
| KKR KKR & Co. Inc. | Reduce -18.4% | 0.66% | −0.32 |
| SPGI S&P Global Inc. | Reduce -49.7% | 0.30% | −0.26 |
| CARR Carrier Global Corp. | Reduce -22.1% | 0.73% | −0.23 |
| EQIX Equinix Inc. | Reduce -91.8% | 0.02% | −0.19 |
| NFLX Netflix Inc. | Reduce -30.4% | 0.61% | −0.19 |
| GEV GE Vernova Inc. | Reduce -18.4% | 0.73% | −0.19 |
| CMCSA Comcast Corp. Class A | Reduce -62.8% | 0.11% | −0.18 |
| DHR Danaher Corp. | Reduce -14.7% | 0.61% | −0.15 |
| NKE Nike Inc. Class B | Reduce -69.8% | 0.05% | −0.14 |
| REGN Regeneron Pharmaceuticals | Reduce -15.8% | 0.50% | −0.14 |
| MA Mastercard Inc. Class A | Reduce -14.4% | 1.88% | −0.13 |
| ACN Accenture PLC Class A | Reduce -16.3% | 0.44% | −0.12 |
| LIN Linde PLC | Reduce -28.6% | 0.62% | −0.12 |
| CVX Chevron Corp. | Reduce -65.6% | 0.09% | −0.12 |
| UAL United Airlines Holdings Inc. | Reduce -6.2% | 0.27% | −0.12 |
| AMAT Applied Materials Inc. | Reduce -17.8% | 0.37% | −0.11 |
| NOW ServiceNow Inc. | Reduce -1.6% | 0.38% | −0.11 |
| ABBV Abbvie Inc. | Reduce -28.0% | 0.85% | −0.10 |
| PCG P G & E Corp. | Reduce -27.1% | 0.19% | −0.10 |
| EIX Edison International | Reduce -97.4% | 0.00% | −0.10 |
| CSX CSX Corp. | Reduce -45.4% | 0.10% | −0.10 |
| BX Blackstone Inc. | Reduce -8.9% | 0.32% | −0.09 |
| SAP Sap SE-Sponsored ADR | Reduce -28.6% | 0.39% | −0.09 |
| MS Morgan Stanley | Reduce -10.0% | 0.62% | −0.09 |
| JPM JPMorgan Chase & Co. | Reduce -12.3% | 1.39% | −0.09 |
| CPNG Coupang Inc. | Reduce -41.0% | 0.14% | −0.08 |
| META Meta Platforms Inc. Class A | Reduce -6.0% | 2.84% | −0.08 |
| DAL Delta Air Lines Inc. | Reduce -9.7% | 0.15% | −0.07 |
| TEAM Atlassian Corp. Class A | Reduce -24.3% | 0.15% | −0.07 |
| SHOP Shopify Inc. Class A | Reduce -3.3% | 0.67% | −0.06 |
| ALNY Alnylam Pharmaceuticals Inc. | Sold out | 0.00% | −0.06 |
| CE Celanese Corp. | Reduce -54.9% | 0.04% | −0.06 |
| MAR Marriott International Class A | Reduce -14.1% | 0.19% | −0.06 |
| INTC Intel Corp. | Sold out | 0.00% | −0.05 |
| VLTO Veralto Corp. | Reduce -86.6% | 0.01% | −0.05 |
| EFA iShares MSCI Eafe ETF | Reduce -81.0% | 0.01% | −0.05 |
| AJG Arthur J Gallagher & Co. | Reduce -28.2% | 0.49% | −0.05 |
| PNC PNC Financial Services Group | Reduce -6.0% | 0.40% | −0.05 |
| TFII Tfi International Inc. | Reduce -16.3% | 0.04% | −0.04 |
| PCTY Paylocity Holding Corp. | Sold out | 0.00% | −0.04 |
| KDP Keurig Dr Pepper Inc. | Reduce -86.9% | 0.01% | −0.04 |
| WFC Wells Fargo & Co. | Reduce -11.9% | 0.57% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -23.4% | 0.09% | −0.03 |
| SAIA Saia Inc. | Reduce -2.8% | 0.11% | −0.03 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.03 |
| GD General Dynamics Corp. | Sold out | 0.00% | −0.03 |
| GIS General Mills Inc. | Reduce -51.4% | 0.02% | −0.03 |
| HLT Hilton Worldwide Holdings Inc. | Reduce -4.4% | 0.31% | −0.03 |
Portfolio Buys Q4 2024 → Q1 2025
| MDLZ Mondelez International Inc. Class A | Add +253.7% | 0.76% | +0.58 |
| NVDA Nvidia Corp. | Add +58.1% | 2.13% | +0.54 |
| WELL Welltower Inc. | Add +14.8% | 1.29% | +0.41 |
| AMGN Amgen Inc. | Add +23.9% | 0.93% | +0.33 |
| BMY Bristol-Myers Squibb Co. | Add +44.9% | 0.80% | +0.31 |
| LLY Eli Lilly & Co. | Add +8.8% | 1.55% | +0.28 |
| APD Air Products & Chemicals Inc. | Add +309.9% | 0.36% | +0.28 |
| BTI British American Tob-SP ADR | Add +57.8% | 0.50% | +0.24 |
| UNH Unitedhealth Group Inc. | Add +6.6% | 1.72% | +0.23 |
| IP International Paper Co. | New | 0.23% | +0.23 |
| ELV Elevance Health Inc. | Add +43.2% | 0.48% | +0.21 |
| URI United Rentals Inc. | Add +137.1% | 0.31% | +0.17 |
| NOC Northrop Grumman Corp. | Add +7.5% | 0.90% | +0.17 |
| DB Deutsche Bank AG-Registered | Add +9.5% | 0.45% | +0.16 |
| COP Conocophillips | Add +13.5% | 0.74% | +0.15 |
| MRSH Marsh & McLennan Cos | Add +0.2% | 0.88% | +0.15 |
| MSTR Strategy Inc. | Add +16.1% | 0.84% | +0.15 |
| TMUS T-Mobile US Inc. | Add +18.3% | 0.41% | +0.14 |
| MELI MercadoLibre Inc. | Add +3.5% | 0.67% | +0.13 |
| CME Cme Group Inc. | Add +64.9% | 0.23% | +0.11 |
| TFC Truist Financial Corp. | Add +15.5% | 0.85% | +0.11 |
| CHTR Charter Communications Inc. Class A | Add +3.6% | 0.73% | +0.11 |
| MU Micron Technology Inc. | Add +29.8% | 0.37% | +0.11 |
| KO The Coca-Cola Co. | Add +10.0% | 0.39% | +0.10 |
| YUM Yum! Brands Inc. | Add +0.3% | 0.48% | +0.09 |
| ATO Atmos Energy Corp. | Add +19.7% | 0.30% | +0.08 |
| TXN Texas Instruments Inc. | Add +43.9% | 0.27% | +0.08 |
| B Barrick Gold Corp. | Add +39.8% | 0.18% | +0.08 |
| DRI Darden Restaurants Inc. | Add +1.5% | 0.42% | +0.07 |
| ACGL Arch Capital Group Ltd. | Add +62.4% | 0.15% | +0.07 |
| PGR Progressive Corp. | Add +1.9% | 0.30% | +0.06 |
| C Citigroup Inc. | Add +87.9% | 0.12% | +0.06 |
| EFX Equifax Inc. | Add +12.8% | 0.48% | +0.06 |
| WPM Wheaton Precious Metals Corp. | Add +46.3% | 0.11% | +0.06 |
| CB Chubb Ltd. | Add +1.8% | 0.36% | +0.05 |
| BLK BlackRock Inc. | Add +21.2% | 0.34% | +0.05 |
| TPG TPG Inc. | Add +230.5% | 0.08% | +0.05 |
| LII Lennox International Inc. | Add +45.4% | 0.17% | +0.05 |
| RBLX Roblox Corp. Class A | New | 0.04% | +0.04 |
| PLD Prologis Inc. | Add +47.5% | 0.11% | +0.04 |
| CSGP Costar Group Inc. | Add +4.5% | 0.23% | +0.04 |
| WCN Waste Connections Inc. | Add +0.4% | 0.23% | +0.04 |
| CFG Citizens Financial Group | Add +369.2% | 0.05% | +0.04 |
| VRTX Vertex Pharmaceuticals Inc. | Add +89.7% | 0.06% | +0.04 |
| CGCP Cap Group Core Plus Income | Add +53.7% | 0.09% | +0.04 |
| EQT Eqt Corp. | Add +5.4% | 0.15% | +0.03 |
| IR Ingersoll-Rand Inc. | Add +13.6% | 0.66% | +0.03 |
| AMT American Tower Corp. | Add +67.1% | 0.06% | +0.03 |
| DG Dollar General Corp. | Add +0.2% | 0.16% | +0.03 |
| SOBO South Bow Corp. | Add +31.1% | 0.09% | +0.03 |
Notes & Other Activity Q4 2024 → Q1 2025
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | New | 12,437,033 | $626.0M |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Reduce -19.5% | 9,922,713 | $593.7M |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | New | 8,959,500 | $442.6M |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | Add +741.1% | 4,626,017 | $164.9M |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | New | 1,875,000 | $157.5M |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | Reduce -38.5% | 3,377,200 | $151.1M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 438 | $480.4B | AVGO, MSFT, NVDA, GOOG, PM |
| Q1 2026 | 431 | $425.0B | AVGO, MSFT, NVDA, GOOG, PM |
| Q4 2025 | 447 | $635.3B | AVGO, MSFT, GOOG, AAPL, NVDA |
| Q3 2025 | 441 | $617.0B | AVGO, MSFT, GOOG, NVDA, META |
| Q2 2025 | 435 | $577.8B | AVGO, MSFT, META, GOOG, PM |
| Q1 2025 | 433 | $506.3B | MSFT, AVGO, PM, GOOG, META |
| Q4 2024 | 448 | $531.2B | AVGO, MSFT, GOOG, META, AAPL |
| Q3 2024 | 434 | $520.8B | MSFT, AVGO, META, GOOG, AAPL |
| Q2 2024 | 435 | $485.6B | MSFT, AVGO, GOOG, META, AAPL |
| Q1 2024 | 428 | $493.7B | MSFT, AVGO, META, GOOG, GE |