Capital International Investors
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Capital International Investors reported 441 stock positions worth $617.0 billion. Its top holding was Broadcom (AVGO) at 7.8% of the portfolio, followed by Microsoft (MSFT, 6.7%) and Alphabet Class C (GOOG, 3.4%). Compared with Q2 2025, it opened 29 new positions, sold out of 23, added to 214 and reduced 160. The biggest buy was Apple (AAPL, shares +7%) and the biggest sale Bristol-Myers Squibb (BMY, shares −51%).
- Most Recent 13F
- Q2 2026
- Location
- Los Angeles, CA
- CIK
- 0001562230
- Portfolio Value
- $617.0B (Q3 2025)
- SEC Filing
- 0001562230-25-000122 ↗ filed Nov 13, 2025
Holdings Value
Holdings 441 stocks · $617.0B
| AVGO Broadcom Inc. | 7.83% | 146,477,213 | $48.3B | Reduce -3.1% |
| MSFT Microsoft Corp. | 6.67% | 79,397,545 | $41.1B | Reduce -0.1% |
| GOOG Alphabet Inc. Class C | 3.40% | 86,250,183 | $21.0B | Reduce -6.4% |
| NVDA Nvidia Corp. | 3.08% | 102,013,153 | $19.0B | Add +5.0% |
| META Meta Platforms Inc. Class A | 2.92% | 24,489,361 | $18.0B | Reduce -0.3% |
| PM Philip Morris International | 2.34% | 89,150,871 | $14.5B | Add +1.0% |
| AAPL Apple Inc. | 2.31% | 56,041,782 | $14.3B | Add +7.0% |
| AMZN Amazon.com Inc. | 2.27% | 63,914,467 | $14.0B | Add +4.3% |
| GE General Electric filed as GE AEROSPACE | 2.19% | 44,827,854 | $13.5B | Reduce -5.8% |
| RCL Royal Caribbean Cruises Ltd. | 1.73% | 32,949,976 | $10.7B | Add +0.9% |
| MA Mastercard Inc. Class A | 1.59% | 17,205,074 | $9.8B | Reduce -1.3% |
| RTX RTX Corp. | 1.49% | 54,899,825 | $9.2B | Reduce -1.8% |
| GOOGL Alphabet Inc. Class A | 1.45% | 36,904,644 | $9.0B | Add +11.0% |
| JPM JPMorgan Chase & Co. | 1.44% | 28,135,426 | $8.9B | Reduce -0.0% |
| CEG Constellation Energy | 1.39% | 26,114,421 | $8.6B | Reduce -7.3% |
| TDG Transdigm Group Inc. | 1.39% | 6,489,193 | $8.6B | Add +4.1% |
| WELL Welltower Inc. | 1.34% | 46,516,255 | $8.3B | Add +4.1% |
| ABT Abbott Laboratories | 1.34% | 61,614,739 | $8.3B | Add +2.5% |
| LLY Eli Lilly & Co. | 1.24% | 10,001,509 | $7.6B | Add +6.2% |
| V Visa Inc. Class A | 1.18% | 21,272,286 | $7.3B | Reduce -0.1% |
| NOC Northrop Grumman Corp. | 1.16% | 11,763,490 | $7.2B | Reduce -1.7% |
| TSM Taiwan Semiconductor-SP ADR | 1.16% | 25,643,671 | $7.2B | Add +0.1% |
| KLAC KLA Corp. | 1.00% | 5,726,872 | $6.2B | Add +0.1% |
| UNH Unitedhealth Group Inc. | 0.98% | 17,499,949 | $6.0B | Add +11.1% |
| SHOP Shopify Inc. Class A | 0.93% | 38,612,671 | $5.7B | Reduce -3.6% |
| AMGN Amgen Inc. | 0.88% | 19,192,995 | $5.4B | Add +1.5% |
| TFC Truist Financial Corp. | 0.80% | 107,642,731 | $4.9B | Add +0.3% |
| MDLZ Mondelez International Inc. Class A | 0.80% | 78,561,316 | $4.9B | Add +9.7% |
| SRE Sempra | 0.79% | 54,071,206 | $4.9B | Add +9.2% |
| MSTR Strategy Inc. | 0.78% | 15,014,295 | $4.8B | Add +2.6% |
| CRM Salesforce Inc. | 0.77% | 20,051,119 | $4.8B | Add +9.4% |
| MS Morgan Stanley | 0.70% | 27,321,214 | $4.3B | Add +0.6% |
| COP Conocophillips | 0.70% | 45,645,397 | $4.3B | Add +18.2% |
| ACN Accenture PLC Class A | 0.68% | 17,128,134 | $4.2B | Add +41.0% |
| IR Ingersoll-Rand Inc. | 0.67% | 50,002,133 | $4.1B | Add +18.5% |
| RBLX Roblox Corp. Class A | 0.67% | 29,768,862 | $4.1B | Reduce -2.1% |
| KKR KKR & Co. Inc. | 0.66% | 31,337,227 | $4.1B | Reduce -1.4% |
| NFLX Netflix Inc. | 0.63% | 3,265,558 | $3.9B | Reduce -1.3% |
| MU Micron Technology Inc. | 0.63% | 23,372,821 | $3.9B | Add +0.7% |
| ASML ASML Holding NV-NY Reg SHS | 0.61% | 3,919,154 | $3.8B | Add +17.3% |
| MELI MercadoLibre Inc. | 0.61% | 1,607,107 | $3.8B | Reduce -1.5% |
| MRSH Marsh & McLennan Cos | 0.61% | 18,590,697 | $3.7B | Add +1.2% |
| CARR Carrier Global Corp. | 0.56% | 57,982,302 | $3.5B | Add +6.7% |
| BTI British American Tob-SP ADR | 0.55% | 64,057,419 | $3.4B | Add +3.0% |
| PGR Progressive Corp. | 0.55% | 13,704,197 | $3.4B | Add +78.9% |
| CNP Centerpoint Energy Inc. | 0.55% | 87,129,628 | $3.4B | Add +1.0% |
| B Barrick Mining Corp. | 0.54% | 101,846,588 | $3.3B | Add +35.9% |
| DHR Danaher Corp. | 0.54% | 16,758,240 | $3.3B | Add +1.9% |
| TMUS T-Mobile US Inc. | 0.53% | 13,726,288 | $3.3B | Add +5.5% |
| URI United Rentals Inc. | 0.53% | 3,402,524 | $3.2B | Add +22.8% |
| GEV GE Vernova Inc. | 0.51% | 5,073,899 | $3.1B | Reduce -32.1% |
| LIN Linde PLC | 0.49% | 6,334,910 | $3.0B | Reduce -3.0% |
| WFC Wells Fargo & Co. | 0.48% | 35,545,580 | $3.0B | Reduce -0.8% |
| DB Deutsche Bank AG-Registered | 0.47% | 82,540,535 | $2.9B | Reduce -4.7% |
| XOM Exxon Mobil Corp. | 0.44% | 24,212,060 | $2.7B | Reduce -9.7% |
| EFX Equifax Inc. | 0.43% | 10,434,784 | $2.7B | Reduce -0.4% |
| CHTR Charter Communications Inc. Class A | 0.41% | 9,137,281 | $2.5B | Reduce -6.1% |
| ABBV Abbvie Inc. | 0.40% | 10,703,532 | $2.5B | Reduce -21.6% |
| YUM Yum! Brands Inc. | 0.40% | 16,179,636 | $2.5B | Add +3.1% |
| APD Air Products & Chemicals Inc. | 0.39% | 8,870,013 | $2.4B | Add +7.4% |
| PAYX Paychex Inc. | 0.39% | 19,021,879 | $2.4B | Reduce -15.5% |
| FTAI Ftai Aviation Ltd. | 0.38% | 13,895,852 | $2.3B | Add +0.7% |
| IP International Paper Co. | 0.37% | 48,990,719 | $2.3B | Add +51.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.37% | 15,678,165 | $2.3B | Add +4.2% |
| RYAAY Ryanair Holdings PLC-SP ADR | 0.36% | 37,465,187 | $2.3B | Add +2.8% |
| APH Amphenol Corp. Class A | 0.36% | 18,006,524 | $2.2B | Add +446.9% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.36% | 7,194,743 | $2.2B | Add +0.6% |
| BURL Burlington Stores Inc. | 0.36% | 8,607,808 | $2.2B | Add +0.0% |
| PNC PNC Financial Services Group | 0.35% | 10,835,687 | $2.2B | Add +6.0% |
| BLK BlackRock Inc. | 0.35% | 1,841,088 | $2.1B | Add +0.6% |
| UAL United Airlines Holdings Inc. | 0.34% | 22,015,466 | $2.1B | Add +0.1% |
| CVS CVS Health Corp. | 0.33% | 26,692,203 | $2.0B | Add +1.1% |
| HD Home Depot Inc. | 0.33% | 4,953,323 | $2.0B | Add +0.7% |
| EA Electronic Arts Inc. | 0.32% | 9,691,141 | $2.0B | Reduce -17.9% |
| NOW ServiceNow Inc. | 0.31% | 2,095,555 | $1.9B | Reduce -14.0% |
| AZN Astrazeneca PLC-Spons ADR | 0.31% | 25,052,520 | $1.9B | Reduce -20.2% |
| ATO Atmos Energy Corp. | 0.30% | 10,965,840 | $1.9B | Add +3.4% |
| SO The Southern Co. | 0.30% | 19,656,303 | $1.9B | Reduce -24.1% |
| VRTX Vertex Pharmaceuticals Inc. | 0.30% | 4,689,059 | $1.8B | Add +77.9% |
| TOST Toast Inc. Class A | 0.29% | 48,428,060 | $1.8B | Add +7.4% |
| ONC Beone Medicines Ltd.-ADR | 0.28% | 5,046,058 | $1.7B | Add +3.3% |
| HSY The Hershey Co. | 0.27% | 8,936,771 | $1.7B | Reduce -16.2% |
| TRP TC Energy Corp. | 0.26% | 29,758,169 | $1.6B | Reduce -10.1% |
| ITT Itt Inc. | 0.25% | 8,538,229 | $1.5B | Add +0.5% |
| CMG Chipotle Mexican Grill Inc. | 0.24% | 38,497,927 | $1.5B | Add +42.5% |
| CGHM Cap Group Muni High-Income | 0.24% | 58,479,281 | $1.5B | Add +77872.4% |
| BMY Bristol-Myers Squibb Co. | 0.24% | 32,387,024 | $1.5B | Reduce -51.0% |
| APO Apollo Global Management Inc. | 0.23% | 10,704,493 | $1.4B | Add +0.9% |
| KO The Coca-Cola Co. | 0.23% | 21,378,798 | $1.4B | Add +4.7% |
| ATI Ati Inc. | 0.23% | 17,147,559 | $1.4B | Add +2.6% |
| TSCO Tractor Supply Company | 0.22% | 23,376,387 | $1.3B | Reduce -1.9% |
| DAY Dayforce Inc. | 0.21% | 19,225,265 | $1.3B | Reduce -6.6% |
| DAL Delta Air Lines Inc. | 0.21% | 23,198,836 | $1.3B | Reduce -7.0% |
| NCLH Norwegian Cruise Line Holdin | 0.21% | 52,448,740 | $1.3B | Add +0.9% |
| CGMU Cap Group Municipal Income | 0.20% | 45,584,635 | $1.2B | Add +14.8% |
| SBUX Starbucks Corp. | 0.20% | 14,691,772 | $1.2B | Add +22.5% |
| HLT Hilton Worldwide Holdings Inc. | 0.20% | 4,689,430 | $1.2B | Reduce -32.8% |
| AMX America Movil Sab DE CV | 0.19% | 56,261,015 | $1.2B | Reduce -1.7% |
| CME Cme Group Inc. | 0.18% | 4,110,257 | $1.1B | Reduce -7.9% |
| CPNG Coupang Inc. | 0.18% | 34,153,094 | $1.1B | Add +7.6% |
Other holdings (7): bonds, preferreds, convertibles and warrants · $2.4B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 13,003,839 | $767.6M | Add +3.6% |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 10,112,045 | $703.5M | Add +0.5% |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 11,144,300 | $583.4M | Add +0.5% |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 2,083,600 | $191.1M | Add +0.4% |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 3,377,200 | $133.0M | No change |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 970,400 | $68.2M | No change |
| MNTSW Momentus Inc.-CW26 | *W EXP 08/12/202 | 2,225,000 | $55K | No change |
Total filed on the 13F, all lines: $619.4B.
Portfolio Sells Q2 2025 → Q3 2025
| BMY Bristol-Myers Squibb Co. | Reduce -51.0% | 0.24% | −0.29 |
| ELV Elevance Health Inc. | Reduce -54.5% | 0.15% | −0.28 |
| CHTR Charter Communications Inc. Class A | Reduce -6.1% | 0.41% | −0.28 |
| VICI Vici Properties Inc. | Reduce -69.2% | 0.10% | −0.24 |
| META Meta Platforms Inc. Class A | Reduce -0.3% | 2.92% | −0.22 |
| REGN Regeneron Pharmaceuticals | Reduce -72.3% | 0.08% | −0.21 |
| UNP Union Pacific Corp. | Reduce -56.7% | 0.14% | −0.20 |
| CEG Constellation Energy | Reduce -7.3% | 1.39% | −0.18 |
| MSFT Microsoft Corp. | Reduce -0.1% | 6.67% | −0.18 |
| GEV GE Vernova Inc. | Reduce -32.1% | 0.51% | −0.18 |
| PAYX Paychex Inc. | Reduce -15.5% | 0.39% | −0.18 |
| CB Chubb Ltd. | Reduce -44.5% | 0.16% | −0.15 |
| NFLX Netflix Inc. | Reduce -1.3% | 0.63% | −0.13 |
| FDX FedEx Corp. | Reduce -42.7% | 0.16% | −0.13 |
| V Visa Inc. Class A | Reduce -0.1% | 1.18% | −0.13 |
| MELI MercadoLibre Inc. | Reduce -1.5% | 0.61% | −0.13 |
| HLT Hilton Worldwide Holdings Inc. | Reduce -32.8% | 0.20% | −0.12 |
| NOW ServiceNow Inc. | Reduce -14.0% | 0.31% | −0.12 |
| CTVA Corteva Inc. | Reduce -38.1% | 0.13% | −0.11 |
| CSGP Costar Group Inc. | Reduce -54.2% | 0.09% | −0.11 |
| EOG EOG Resources Inc. | Reduce -62.0% | 0.05% | −0.11 |
| SO The Southern Co. | Reduce -24.1% | 0.30% | −0.11 |
| MA Mastercard Inc. Class A | Reduce -1.3% | 1.59% | −0.11 |
| ACGL Arch Capital Group Ltd. | Reduce -77.8% | 0.03% | −0.11 |
| ETN Eaton Corp. PLC | Sold out | 0.00% | −0.11 |
| DG Dollar General Corp. | Reduce -79.1% | 0.02% | −0.10 |
| TXN Texas Instruments Inc. | Reduce -24.6% | 0.16% | −0.10 |
| BX Blackstone Inc. | Reduce -42.8% | 0.15% | −0.09 |
| CSX CSX Corp. | Reduce -92.0% | 0.01% | −0.09 |
| MOH Molina Healthcare Inc. | Reduce -93.5% | 0.00% | −0.08 |
| KKR KKR & Co. Inc. | Reduce -1.4% | 0.66% | −0.07 |
| SPGI S&P Global Inc. | Reduce -18.9% | 0.17% | −0.07 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -20.2% | 0.31% | −0.07 |
| FCNCA First Citizens Bcshs Class A | Sold out | 0.00% | −0.06 |
| XOM Exxon Mobil Corp. | Reduce -9.7% | 0.44% | −0.06 |
| WCN Waste Connections Inc. | Reduce -16.0% | 0.14% | −0.05 |
| HON Honeywell International Inc. | Reduce -83.4% | 0.01% | −0.04 |
| LIN Linde PLC | Reduce -3.0% | 0.49% | −0.04 |
| SAP Sap SE-Sponsored ADR | Reduce -1.2% | 0.17% | −0.04 |
| ABBV Abbvie Inc. | Reduce -21.6% | 0.40% | −0.04 |
| EFX Equifax Inc. | Reduce -0.4% | 0.43% | −0.04 |
| CNI Canadian Natl Railway Co. | Reduce -4.5% | 0.15% | −0.04 |
| TEAM Atlassian Corp. Class A | Reduce -2.0% | 0.09% | −0.04 |
| HSY The Hershey Co. | Reduce -16.2% | 0.27% | −0.04 |
| CME Cme Group Inc. | Reduce -7.9% | 0.18% | −0.03 |
| MAR Marriott International Class A | Reduce -6.5% | 0.16% | −0.03 |
| PCG P G & E Corp. | Reduce -26.6% | 0.09% | −0.03 |
| BR Broadridge Financial Solutio | Reduce -41.0% | 0.03% | −0.03 |
| LII Lennox International Inc. | Reduce -4.7% | 0.13% | −0.03 |
| EQT Eqt Corp. | Reduce -1.3% | 0.16% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +7.0% | 2.31% | +0.45 |
| GOOGL Alphabet Inc. Class A | Add +11.0% | 1.45% | +0.44 |
| NVDA Nvidia Corp. | Add +5.0% | 3.08% | +0.43 |
| APH Amphenol Corp. Class A | Add +446.9% | 0.36% | +0.30 |
| B Barrick Mining Corp. | Add +35.9% | 0.54% | +0.27 |
| CGHM Cap Group Muni High-Income | Add +77872.4% | 0.24% | +0.24 |
| PGR Progressive Corp. | Add +78.9% | 0.55% | +0.19 |
| URI United Rentals Inc. | Add +22.8% | 0.53% | +0.17 |
| WELL Welltower Inc. | Add +4.1% | 1.34% | +0.15 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.1% | 1.16% | +0.15 |
| ASML ASML Holding NV-NY Reg SHS | Add +17.3% | 0.61% | +0.15 |
| SRE Sempra | Add +9.2% | 0.79% | +0.14 |
| MU Micron Technology Inc. | Add +0.7% | 0.63% | +0.14 |
| IT Gartner Inc. | New | 0.13% | +0.13 |
| UNH Unitedhealth Group Inc. | Add +11.1% | 0.98% | +0.13 |
| WSO Watsco Inc. | Add +741.5% | 0.15% | +0.13 |
| BKR Baker Hughes Co. | New | 0.12% | +0.12 |
| HUM Humana Inc. | New | 0.11% | +0.11 |
| KLAC KLA Corp. | Add +0.1% | 1.00% | +0.11 |
| IP International Paper Co. | Add +51.4% | 0.37% | +0.11 |
| FTAI Ftai Aviation Ltd. | Add +0.7% | 0.38% | +0.10 |
| COP Conocophillips | Add +18.2% | 0.70% | +0.10 |
| JNJ Johnson & Johnson | Add +545.6% | 0.12% | +0.10 |
| VRTX Vertex Pharmaceuticals Inc. | Add +77.9% | 0.30% | +0.09 |
| ONC Beone Medicines Ltd.-ADR | Add +3.3% | 0.28% | +0.07 |
| BLDR Builders Firstsource Inc. | New | 0.07% | +0.07 |
| FICO Fair Isaac Corp. | Add +402.9% | 0.09% | +0.07 |
| COF Capital One Financial Corp. | Add +107.9% | 0.14% | +0.07 |
| DHI D.R. Horton Inc. | New | 0.06% | +0.06 |
| IR Ingersoll-Rand Inc. | Add +18.5% | 0.67% | +0.06 |
| ACN Accenture PLC Class A | Add +41.0% | 0.68% | +0.06 |
| LOAR Loar Holdings Inc. | Add +909.3% | 0.06% | +0.05 |
| CGCV Cap Group Conservative Eq | Add +15171.6% | 0.05% | +0.05 |
| INSM Insmed Inc. | Add +1.0% | 0.18% | +0.05 |
| APP AppLovin Corp. Class A | Add +0.6% | 0.10% | +0.05 |
| TJX TJX Companies Inc. | Add +4.2% | 0.37% | +0.05 |
| MS Morgan Stanley | Add +0.6% | 0.70% | +0.04 |
| BTI British American Tob-SP ADR | Add +3.0% | 0.55% | +0.04 |
| UAL United Airlines Holdings Inc. | Add +0.1% | 0.34% | +0.04 |
| TEL Te Connectivity PLC | Add +44.4% | 0.09% | +0.04 |
| CGUS Cap Group Core Equity | Add +17866.5% | 0.04% | +0.04 |
| CGCB Cap Group Core Bond | Add +92.3% | 0.08% | +0.04 |
| AIT Applied Industrial Tech Inc. | New | 0.03% | +0.03 |
| WM Waste Management Inc. | Add +218.3% | 0.05% | +0.03 |
| YMM Full Truck Alliance -SPN ADR | New | 0.03% | +0.03 |
| ECG Everus Construction Group | New | 0.03% | +0.03 |
| NCLH Norwegian Cruise Line Holdin | Add +0.9% | 0.21% | +0.03 |
| TTEK Tetra Tech Inc. | Add +249.1% | 0.04% | +0.03 |
| PNC PNC Financial Services Group | Add +6.0% | 0.35% | +0.02 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +52.4% | 0.16% | +0.02 |
Notes & Other Activity Q2 2025 → Q3 2025
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | Add +3.6% | 13,003,839 | $767.6M |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Add +0.5% | 10,112,045 | $703.5M |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | Add +0.5% | 11,144,300 | $583.4M |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | Sold out | 6,487,861 | $208.3Mbefore exit |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | Add +0.4% | 2,083,600 | $191.1M |
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 |