Capital Research Global Investors

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Capital Research Global Investors reported 423 stock positions worth $498.8 billion. Its top holding was Microsoft (MSFT) at 7.2% of the portfolio, followed by Broadcom (AVGO, 5.1%) and Meta Platforms Class A (META, 4.8%). Compared with Q1 2025, it opened 27 new positions, sold out of 55, added to 212 and reduced 155. The biggest buy was Nvidia (NVDA, shares +48%) and the biggest sale Unitedhealth (UNH, shares −72%).

Most Recent 13F
Q2 2026
Location
Los Angeles, CA
CIK
0001422848
Portfolio Value
$498.8B (Q2 2025)
SEC Filing
0001422848-25-000149 ↗ filed Aug 13, 2025

Holdings Value

0$200.0B$400.0B$600.0B$800.0B Q1 2024: $441.5B Q1 2024 Q2 2024: $455.3B Q2 2024 Q3 2024: $480.7B Q3 2024 Q4 2024: $485.7B Q4 2024 Q1 2025: $459.3B Q1 2025 Q2 2025: $498.8B $498.8B Q2 2025 Q3 2025: $532.5B Q3 2025 Q4 2025: $541.4B Q4 2025 Q1 2026: $643.4B Q1 2026 Q2 2026: $713.4B Q2 2026

Holdings 423 stocks · $498.8B

MSFT Microsoft Corp. 7.16% 71,775,707 $35.7B Reduce -4.2%
AVGO Broadcom Inc. 5.06% 91,540,821 $25.2B Add +2.3%
META Meta Platforms Inc. Class A 4.80% 32,458,849 $24.0B Reduce -5.4%
NVDA Nvidia Corp. 4.51% 142,481,147 $22.5B Add +48.0%
AMZN Amazon.com Inc. 3.73% 84,701,745 $18.6B Reduce -1.4%
LLY Eli Lilly & Co. 3.24% 20,756,363 $16.2B Add +31.8%
UBER Uber Technologies Inc. 2.25% 120,304,360 $11.2B Add +0.2%
RTX RTX Corp. 2.21% 75,398,607 $11.0B Reduce -3.1%
AAPL Apple Inc. 1.72% 41,748,081 $8.6B Reduce -13.8%
RCL Royal Caribbean Cruises Ltd. 1.62% 25,868,126 $8.1B Add +10.9%
GE General Electric filed as GE AEROSPACE 1.56% 30,183,679 $7.8B Reduce -11.1%
GOOGL Alphabet Inc. Class A 1.55% 43,858,095 $7.7B Reduce -18.7%
PM Philip Morris International 1.48% 40,634,698 $7.4B Reduce -9.5%
BA The Boeing Co. 1.46% 34,707,279 $7.3B Reduce -13.2%
VRTX Vertex Pharmaceuticals Inc. 1.44% 16,108,291 $7.2B Add +10.8%
SBUX Starbucks Corp. 1.41% 76,686,152 $7.0B Add +116.5%
JPM JPMorgan Chase & Co. 1.37% 23,505,294 $6.8B Add +9.9%
NFLX Netflix Inc. 1.27% 4,734,893 $6.3B Add +4.5%
ABT Abbott Laboratories 1.14% 41,766,185 $5.7B Reduce -17.7%
CARR Carrier Global Corp. 1.10% 75,226,344 $5.5B Reduce -6.4%
MA Mastercard Inc. Class A 1.09% 9,717,893 $5.5B Reduce -4.9%
ORCL Oracle Corp. 1.01% 23,044,239 $5.0B Add +21.2%
GOOG Alphabet Inc. Class C 0.98% 27,485,940 $4.9B Reduce -24.1%
ABBV Abbvie Inc. 0.94% 25,265,579 $4.7B Reduce -24.6%
MELI MercadoLibre Inc. 0.92% 1,756,254 $4.6B Reduce -21.0%
LIN Linde PLC 0.87% 9,246,492 $4.3B Add +0.3%
HD Home Depot Inc. 0.84% 11,369,394 $4.2B Reduce -5.0%
BLK BlackRock Inc. 0.81% 3,856,378 $4.0B Add +12.3%
XOM Exxon Mobil Corp. 0.72% 33,493,461 $3.6B Reduce -1.7%
CNQ Canadian Natural Resources 0.70% 111,326,703 $3.5B Add +11.3%
GILD Gilead Sciences Inc. 0.69% 31,097,679 $3.4B Reduce -43.1%
TXN Texas Instruments Inc. 0.66% 15,826,198 $3.3B Reduce -15.1%
APD Air Products & Chemicals Inc. 0.65% 11,494,745 $3.2B Reduce -15.5%
MDT Medtronic PLC 0.64% 36,359,462 $3.2B Reduce -12.5%
CRM Salesforce Inc. 0.62% 11,387,401 $3.1B Reduce -45.2%
TDG Transdigm Group Inc. 0.61% 2,003,840 $3.0B Add +8.6%
EOG EOG Resources Inc. 0.59% 24,804,173 $3.0B Reduce -16.6%
TSLA Tesla Inc. 0.59% 9,224,936 $2.9B Add +30.2%
MS Morgan Stanley 0.55% 19,384,370 $2.7B Reduce -2.9%
SYK Stryker Corp. 0.54% 6,766,607 $2.7B Reduce -1.4%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.54% 194,880,670 $2.7B Reduce -26.2%
FCX Freeport-McMoran Inc. 0.53% 61,122,626 $2.6B Add +3.3%
URI United Rentals Inc. 0.51% 3,385,955 $2.6B Add +6.7%
D Dominion Energy Inc. 0.51% 44,800,351 $2.5B Add +94.1%
ACN Accenture PLC Class A 0.50% 8,402,278 $2.5B Reduce -10.1%
ADP Automatic Data Processing 0.49% 7,905,120 $2.4B Add +13.6%
WFC Wells Fargo & Co. 0.48% 30,075,973 $2.4B Add +49.6%
IP International Paper Co. 0.47% 50,562,018 $2.4B Add +24.3%
PGR Progressive Corp. 0.47% 8,853,076 $2.4B Add +46.2%
ALNY Alnylam Pharmaceuticals Inc. 0.47% 7,191,656 $2.3B Add +0.5%
FIS Fidelity National Info Serv 0.46% 27,948,405 $2.3B Reduce -6.7%
TMO Thermo Fisher Scientific Inc. 0.44% 5,433,659 $2.2B Reduce -28.6%
MU Micron Technology Inc. 0.44% 17,649,357 $2.2B Add +5.6%
LVS Las Vegas Sands Corp. 0.43% 49,293,767 $2.1B Add +81.0%
MDLZ Mondelez International Inc. Class A 0.43% 31,765,091 $2.1B Reduce -11.3%
MRSH Marsh & McLennan Cos 0.43% 9,792,241 $2.1B Add +48.8%
PYPL PayPal Holdings Inc. 0.41% 27,317,362 $2.0B Add +6.8%
GD General Dynamics Corp. 0.41% 6,940,714 $2.0B Reduce -1.0%
MCD McDonald's Corp. 0.40% 6,865,829 $2.0B Reduce -21.4%
TRP TC Energy Corp. 0.40% 40,935,718 $2.0B Reduce -11.3%
ANET Arista Networks Inc. 0.40% 19,462,769 $2.0B Add +236.3%
CB Chubb Ltd. 0.39% 6,660,164 $1.9B Reduce -28.4%
T AT&T Inc. 0.38% 65,237,380 $1.9B Add +180.3%
FLUT Flutter Entertainment PLC-Di 0.38% 6,582,110 $1.9B Reduce -30.8%
DTE DTE Energy Company 0.38% 14,134,278 $1.9B Reduce -24.1%
UNH Unitedhealth Group Inc. 0.36% 5,749,040 $1.8B Reduce -72.4%
XPO Xpo Inc. 0.36% 14,037,405 $1.8B Reduce -3.3%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.35% 53,541,285 $1.7B Reduce -10.2%
COF Capital One Financial Corp. 0.35% 8,123,327 $1.7B Add +23.5%
VIK Viking Holdings Ltd. 0.34% 32,238,381 $1.7B Add +14.4%
PLD Prologis Inc. 0.34% 15,980,135 $1.7B Add +4.0%
CAT Caterpillar Inc. 0.33% 4,302,761 $1.7B Add +15.2%
AFRM Affirm Holdings Inc. 0.33% 23,700,297 $1.6B Add +2.5%
ISRG Intuitive Surgical Inc. 0.31% 2,855,333 $1.6B Reduce -15.2%
PODD Insulet Corp. 0.30% 4,736,127 $1.5B Reduce -22.1%
GEHC GE Healthcare Technology 0.30% 19,974,402 $1.5B Reduce -61.0%
AXP American Express Co. 0.28% 4,423,329 $1.4B Add +23.0%
PG The Procter & Gamble Co. 0.28% 8,800,646 $1.4B Add +6.3%
IR Ingersoll-Rand Inc. 0.28% 16,848,493 $1.4B Add +0.6%
SYY Sysco Corp. 0.28% 18,314,667 $1.4B Add +29.7%
AIG American International Group 0.27% 15,888,832 $1.4B Reduce -39.0%
PNW Pinnacle West Capital 0.27% 15,095,112 $1.4B Add +21.1%
CVNA Carvana Co. 0.27% 3,971,178 $1.3B Add +176.0%
AMGN Amgen Inc. 0.26% 4,608,659 $1.3B Add +2.0%
APO Apollo Global Management Inc. 0.26% 9,001,952 $1.3B Add +26.5%
MSTR Strategy Inc. filed as MICROSTRATEGY INC 0.26% 3,147,454 $1.3B Add +14.8%
KO The Coca-Cola Co. 0.25% 17,617,640 $1.2B Add +15.8%
FCNCA First Citizens Bcshs Class A 0.25% 630,611 $1.2B Reduce -0.2%
SW Smurfit Westrock PLC 0.24% 27,671,873 $1.2B Add +29.1%
SHW The Sherwin-Williams Co. 0.24% 3,421,417 $1.2B Add +1.5%
SHOP Shopify Inc. Class A 0.23% 9,857,851 $1.1B Reduce -57.7%
BLD Topbuild Corp. 0.22% 3,434,194 $1.1B Add +9.2%
MCHP Microchip Technology Inc. 0.22% 15,650,335 $1.1B New
AMT American Tower Corp. 0.22% 4,909,626 $1.1B Reduce -27.9%
ITW Illinois Tool Works 0.22% 4,361,853 $1.1B Add +2.9%
STX Seagate Technology Holdings 0.21% 7,293,420 $1.1B Reduce -53.1%
UNP Union Pacific Corp. 0.21% 4,468,970 $1.0B Reduce -49.5%
HAL Halliburton Co. 0.20% 50,061,312 $1.0B Add +302916.2%
NEE Nextera Energy Inc. 0.20% 14,689,367 $1.0B Add +323.1%
BTI British American Tob-SP ADR 0.20% 21,509,702 $1.0B Add +17.5%

Show all 423 holdings

Other holdings (8): bonds, preferreds, convertibles and warrants · $690.2M (not counted above)
SecurityClassShares / PrincipalValueChange
NEXTERA ENERGY INC (NEE 7.234 11/01/27) UNIT 11/01/2027 4,261,472$188.6MNew
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A 4,721,204$151.6MAdd +21.5%
MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) DEP SHS REPSTG 2,247,219$149.8MNew
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV 1,192,174$89.2MNo change
WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) NOTE 1.875%12/0 · principal 263,085,000$67.7MAdd +71.2%
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A 406,339$27.6MReduce -76.4%
WOLF Wolfspeed Inc. (wolf 1.75 05/01/26) NOTE 1.750% 5/0 · principal 33,000,000$8.5MNew
WOLF Wolfspeed Inc. (wolf 0.25 02/15/28) NOTE 0.250% 2/1 · principal 28,000,000$7.2MNew

Total filed on the 13F, all lines: $499.5B.

Portfolio Sells Q1 2025 → Q2 2025

UNH Unitedhealth Group Inc. Reduce -72.4% 0.36% −2.02
GILD Gilead Sciences Inc. Reduce -43.1% 0.69% −0.64
AAPL Apple Inc. Reduce -13.8% 1.72% −0.63
GEHC GE Healthcare Technology Reduce -61.0% 0.30% −0.60
CRM Salesforce Inc. Reduce -45.2% 0.62% −0.59
ABBV Abbvie Inc. Reduce -24.6% 0.94% −0.59
TMO Thermo Fisher Scientific Inc. Reduce -28.6% 0.44% −0.38
ABT Abbott Laboratories Reduce -17.7% 1.14% −0.33
GOOGL Alphabet Inc. Class A Reduce -18.7% 1.55% −0.27
SHOP Shopify Inc. Class A Reduce -57.7% 0.23% −0.26
GOOG Alphabet Inc. Class C Reduce -24.1% 0.98% −0.25
UNP Union Pacific Corp. Reduce -49.5% 0.21% −0.25
STLA Stellantis NV Reduce -87.5% 0.03% −0.24
EOG EOG Resources Inc. Reduce -16.6% 0.59% −0.24
CB Chubb Ltd. Reduce -28.4% 0.39% −0.22
APD Air Products & Chemicals Inc. Reduce -15.5% 0.65% −0.22
AIG American International Group Reduce -39.0% 0.27% −0.22
CNP Centerpoint Energy Inc. Reduce -51.9% 0.16% −0.19
MCD McDonald's Corp. Reduce -21.4% 0.40% −0.19
DTE DTE Energy Company Reduce -24.1% 0.38% −0.18
FND Floor & Decor Holdings Inc. Class A Reduce -87.9% 0.02% −0.18
MDT Medtronic PLC Reduce -12.5% 0.64% −0.18
XOM Exxon Mobil Corp. Reduce -1.7% 0.72% −0.16
PEP Pepsico Inc. Reduce -32.9% 0.18% −0.15
CVS CVS Health Corp. Reduce -50.8% 0.13% −0.15
CMCSA Comcast Corp. Class A Reduce -39.2% 0.17% −0.14
BMRN Biomarin Pharmaceutical Inc. Reduce -95.7% 0.00% −0.14
ACN Accenture PLC Class A Reduce -10.1% 0.50% −0.13
CHTR Charter Communications Inc. Class A Sold out 0.00% −0.13
MA Mastercard Inc. Class A Reduce -4.9% 1.09% −0.12
HAS Hasbro Inc. Reduce -65.6% 0.07% −0.12
HD Home Depot Inc. Reduce -5.0% 0.84% −0.12
HON Honeywell International Inc. Reduce -37.7% 0.19% −0.11
AMT American Tower Corp. Reduce -27.9% 0.22% −0.11
SPGI S&P Global Inc. Reduce -74.6% 0.03% −0.10
MDLZ Mondelez International Inc. Class A Reduce -11.3% 0.43% −0.10
PFG Principal Financial Group Sold out 0.00% −0.09
EXE Expand Energy Corp. Reduce -35.0% 0.14% −0.08
DXCM Dexcom Inc. Reduce -55.1% 0.09% −0.08
DAY Dayforce Inc. Reduce -63.9% 0.04% −0.08
FLUT Flutter Entertainment PLC-Di Reduce -30.8% 0.38% −0.08
BEKE Ke Holdings Inc.-ADR Sold out 0.00% −0.08
MOH Molina Healthcare Inc. Reduce -25.2% 0.13% −0.08
ADBE Adobe Inc. Reduce -39.6% 0.10% −0.08
STX Seagate Technology Holdings Reduce -53.1% 0.21% −0.08
TRP TC Energy Corp. Reduce -11.3% 0.40% −0.07
VICI Vici Properties Inc. Reduce -10.2% 0.35% −0.07
BKR Baker Hughes Co. Reduce -9.8% 0.19% −0.07
TXN Texas Instruments Inc. Reduce -15.1% 0.66% −0.07
PM Philip Morris International Reduce -9.5% 1.48% −0.07

Portfolio Buys Q1 2025 → Q2 2025

NVDA Nvidia Corp. Add +48.0% 4.51% +2.24
AVGO Broadcom Inc. Add +2.3% 5.06% +1.80
SBUX Starbucks Corp. Add +116.5% 1.41% +0.65
RCL Royal Caribbean Cruises Ltd. Add +10.9% 1.62% +0.58
ORCL Oracle Corp. Add +21.2% 1.01% +0.43
LLY Eli Lilly & Co. Add +31.8% 3.24% +0.41
NFLX Netflix Inc. Add +4.5% 1.27% +0.35
UBER Uber Technologies Inc. Add +0.2% 2.25% +0.35
ANET Arista Networks Inc. Add +236.3% 0.40% +0.30
T AT&T Inc. Add +180.3% 0.38% +0.24
D Dominion Energy Inc. Add +94.1% 0.51% +0.23
JPM JPMorgan Chase & Co. Add +9.9% 1.37% +0.22
MCHP Microchip Technology Inc. New 0.22% +0.22
HAL Halliburton Co. Add +302916.2% 0.20% +0.20
CVNA Carvana Co. Add +176.0% 0.27% +0.20
LVS Las Vegas Sands Corp. Add +81.0% 0.43% +0.20
TSLA Tesla Inc. Add +30.2% 0.59% +0.19
WFC Wells Fargo & Co. Add +49.6% 0.48% +0.17
NEE Nextera Energy Inc. Add +323.1% 0.20% +0.15
AMAT Applied Materials Inc. Add +493.6% 0.17% +0.14
KKR KKR & Co. Inc. Add +226.3% 0.20% +0.14
MU Micron Technology Inc. Add +5.6% 0.44% +0.12
BLK BlackRock Inc. Add +12.3% 0.81% +0.10
AFRM Affirm Holdings Inc. Add +2.5% 0.33% +0.10
VIK Viking Holdings Ltd. Add +14.4% 0.34% +0.10
PGR Progressive Corp. Add +46.2% 0.47% +0.10
COF Capital One Financial Corp. Add +23.5% 0.35% +0.09
CI The Cigna Group Add +132240.4% 0.09% +0.09
MSTR Strategy Inc. Add +14.8% 0.26% +0.08
MRSH Marsh & McLennan Cos Add +48.8% 0.43% +0.08
URI United Rentals Inc. Add +6.7% 0.51% +0.08
AXP American Express Co. Add +23.0% 0.28% +0.07
CAT Caterpillar Inc. Add +15.2% 0.33% +0.07
APH Amphenol Corp. Class A Add +29.2% 0.15% +0.07
BX Blackstone Inc. Add +157.2% 0.10% +0.06
TDG Transdigm Group Inc. Add +8.6% 0.61% +0.06
ANSS Ansys Inc. Add +34.3% 0.20% +0.05
V Visa Inc. Class A Add +75.5% 0.13% +0.05
CMG Chipotle Mexican Grill Inc. Add +46.5% 0.15% +0.05
HSY The Hershey Co. Add +83473.5% 0.05% +0.05
ALNY Alnylam Pharmaceuticals Inc. Add +0.5% 0.47% +0.05
ATI Ati Inc. Add +434.9% 0.06% +0.05
ALGM Allegro Microsystems Inc. Add +43.8% 0.11% +0.05
CRDO Credo Technology Group Holdi Add +50.5% 0.07% +0.05
SYY Sysco Corp. Add +29.7% 0.28% +0.05
DOW Dow Inc. Add +113.5% 0.14% +0.05
FITB Fifth Third Bancorp New 0.04% +0.04
APO Apollo Global Management Inc. Add +26.5% 0.26% +0.04
PYPL PayPal Holdings Inc. Add +6.8% 0.41% +0.04
FCX Freeport-McMoran Inc. Add +3.3% 0.53% +0.04

Notes & Other Activity Q1 2025 → Q2 2025

NEXTERA ENERGY INC (NEE 6.926 09/01/25) UNIT 09/01/2025 Sold out 4,797,050 $194.9Mbefore exit
NEXTERA ENERGY INC (NEE 7.234 11/01/27) UNIT 11/01/2027 New 4,261,472 $188.6M
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A Add +21.5% 4,721,204 $151.6M
MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) DEP SHS REPSTG New 2,247,219 $149.8M
WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) NOTE 1.875%12/0 · principal Add +71.2% 263,085,000 $67.7M
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A Reduce -76.4% 406,339 $27.6M
WOLF Wolfspeed Inc. (wolf 1.75 05/01/26) NOTE 1.750% 5/0 · principal New 33,000,000 $8.5M
WOLF Wolfspeed Inc. (wolf 0.25 02/15/28) NOTE 0.250% 2/1 · principal New 28,000,000 $7.2M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 417$713.4BAVGO, NVDA, MSFT, AMZN, LLY
Q1 2026 453$643.4BAVGO, MSFT, NVDA, AMZN, LLY
Q4 2025 430$541.4BMSFT, NVDA, AVGO, LLY, AMZN
Q3 2025 428$532.5BMSFT, NVDA, AVGO, AMZN, LLY
Q2 2025 423$498.8BMSFT, AVGO, META, NVDA, AMZN
Q1 2025 451$459.3BMSFT, META, AMZN, AVGO, LLY
Q4 2024 434$485.7BMSFT, META, AVGO, AMZN, AAPL
Q3 2024 413$480.7BMSFT, META, AMZN, AAPL, AVGO
Q2 2024 412$455.3BMSFT, META, AMZN, AVGO, AAPL
Q1 2024 407$441.5BMSFT, AVGO, META, AMZN, GE