Generation Investment Management LLP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Generation Investment Management LLP reported 38 stock positions worth $16.6 billion. Its top holding was Microsoft (MSFT) at 11.8% of the portfolio, followed by Becton Dickinson and (BDX, 7.3%) and Schwab (charles) (SCHW, 6.8%). Compared with Q4 2024, it opened 3 new positions, sold out of 3, added to 11 and reduced 20. The biggest buy was Equifax (EFX, shares +63%) and the biggest sale Amazon.com (AMZN, shares −47%).
- Most Recent 13F
- Q2 2026
- Location
- London, X0
- CIK
- 0001375534
- Portfolio Value
- $16.6B (Q1 2025)
- SEC Filing
- 0001172661-25-002407 ↗ filed May 15, 2025
Holdings Value
Holdings 38 stocks · $16.6B
| MSFT Microsoft Corp. | 11.78% | 5,196,698 | $2.0B | Add +3.2% |
| BDX Becton Dickinson and Co. | 7.33% | 5,296,447 | $1.2B | Reduce -8.9% |
| SCHW Schwab (charles) Corp. | 6.77% | 14,327,559 | $1.1B | Add +6.2% |
| MELI MercadoLibre Inc. | 6.25% | 530,564 | $1.0B | Add +3.3% |
| AMZN Amazon.com Inc. | 5.78% | 5,031,582 | $957.3M | Reduce -46.8% |
| STE Steris PLC | 4.59% | 3,354,545 | $760.3M | Add +5.3% |
| NTNX Nutanix Inc. Class A | 4.49% | 10,646,630 | $743.2M | Reduce -9.3% |
| EFX Equifax Inc. | 4.12% | 2,801,325 | $682.3M | Add +63.5% |
| WDAY Workday Inc. Class A | 4.10% | 2,903,767 | $678.1M | Add +36.6% |
| DHR Danaher Corp. | 3.93% | 3,178,124 | $651.5M | Add +33.2% |
| GOOGL Alphabet Inc. Class A | 3.63% | 3,881,774 | $600.3M | Add +23.3% |
| TMO Thermo Fisher Scientific Inc. | 3.58% | 1,190,561 | $592.4M | Reduce -24.3% |
| A Agilent Technologies Inc. | 3.52% | 4,983,556 | $583.0M | Add +19.8% |
| IT Gartner Inc. | 3.40% | 1,341,342 | $563.0M | Add +16.4% |
| TRMB Trimble Inc. | 3.00% | 7,570,348 | $497.0M | Reduce -19.2% |
| ADI Analog Devices Inc. | 2.76% | 2,269,857 | $457.8M | Reduce -9.2% |
| JLL Jones Lang Lasalle Inc. | 2.74% | 1,830,795 | $453.9M | Reduce -9.1% |
| ACN Accenture PLC Class A | 2.48% | 1,314,942 | $410.3M | Reduce -47.2% |
| MA Mastercard Inc. Class A | 2.11% | 635,999 | $348.6M | Reduce -33.0% |
| WAT Waters Corp. | 1.68% | 755,325 | $278.4M | Reduce -50.6% |
| V Visa Inc. Class A | 1.51% | 713,123 | $249.9M | Reduce -9.3% |
| COO The Cooper Cos Inc. | 1.46% | 2,873,376 | $242.4M | Reduce -26.9% |
| SNPS Synopsys Inc. | 1.45% | 560,782 | $240.5M | New |
| NKE Nike Inc. Class B | 1.30% | 3,398,991 | $215.8M | New |
| HTHT H World Group Ltd.-ADR | 1.17% | 5,213,875 | $193.0M | Add +8.2% |
| TTAN Servicetitan Inc. Class A | 1.16% | 2,023,502 | $192.5M | Reduce -0.7% |
| VEEV Veeva Systems Inc. Class A | 1.13% | 805,011 | $186.5M | Reduce -9.1% |
| RELY Remitly Global Inc. | 0.97% | 7,692,320 | $160.0M | No change |
| FBIN Fortune Brands Innovations I | 0.59% | 1,612,301 | $98.2M | New |
| TSM Taiwan Semiconductor-SP ADR | 0.28% | 280,895 | $46.6M | Reduce -19.7% |
| CTSH Cognizant Tech Solutions-A | 0.21% | 456,040 | $34.9M | Reduce -18.8% |
| TOST Toast Inc. Class A | 0.18% | 912,818 | $30.3M | No change |
| TXN Texas Instruments Inc. | 0.17% | 154,377 | $27.7M | Reduce -91.3% |
| SOPH Sophia Genetics SA | 0.14% | 6,789,560 | $22.5M | No change |
| MCHP Microchip Technology Inc. | 0.11% | 372,154 | $18.0M | Reduce -33.4% |
| CPNG Coupang Inc. | 0.04% | 339,242 | $7.4M | Reduce -2.7% |
| FRSH Freshworks Inc. Class A | 0.04% | 522,591 | $7.4M | Reduce -11.9% |
| TYGO Tigo Energy Inc. | 0.04% | 7,691,221 | $6.5M | No change |
Portfolio Sells Q4 2024 → Q1 2025
| AMZN Amazon.com Inc. | Reduce -46.8% | 5.78% | −5.04 |
| CBRE CBRE Group Inc. Class A | Sold out | 0.00% | −2.19 |
| ACN Accenture PLC Class A | Reduce -47.2% | 2.48% | −2.09 |
| TXN Texas Instruments Inc. | Reduce -91.3% | 0.17% | −1.56 |
| WAT Waters Corp. | Reduce -50.6% | 1.68% | −1.28 |
| TWLO Twilio Inc. Class A | Sold out | 0.00% | −1.02 |
| HSIC Henry Schein Inc. | Sold out | 0.00% | −0.99 |
| TMO Thermo Fisher Scientific Inc. | Reduce -24.3% | 3.58% | −0.69 |
| MA Mastercard Inc. Class A | Reduce -33.0% | 2.11% | −0.50 |
| TRMB Trimble Inc. | Reduce -19.2% | 3.00% | −0.45 |
| COO The Cooper Cos Inc. | Reduce -26.9% | 1.46% | −0.42 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -19.7% | 0.28% | −0.08 |
| MCHP Microchip Technology Inc. | Reduce -33.4% | 0.11% | −0.06 |
| CTSH Cognizant Tech Solutions-A | Reduce -18.8% | 0.21% | −0.01 |
| FRSH Freshworks Inc. Class A | Reduce -11.9% | 0.04% | −0.01 |
| ADI Analog Devices Inc. | Reduce -9.2% | 2.76% | −0.01 |
| CPNG Coupang Inc. | Reduce -2.7% | 0.04% | +0.00 |
| TTAN Servicetitan Inc. Class A | Reduce -0.7% | 1.16% | +0.07 |
| JLL Jones Lang Lasalle Inc. | Reduce -9.1% | 2.74% | +0.08 |
| VEEV Veeva Systems Inc. Class A | Reduce -9.1% | 1.13% | +0.15 |
| V Visa Inc. Class A | Reduce -9.3% | 1.51% | +0.21 |
| BDX Becton Dickinson and Co. | Reduce -8.9% | 7.33% | +0.44 |
| NTNX Nutanix Inc. Class A | Reduce -9.3% | 4.49% | +0.74 |
Portfolio Buys Q4 2024 → Q1 2025
| EFX Equifax Inc. | Add +63.5% | 4.12% | +1.84 |
| MELI MercadoLibre Inc. | Add +3.3% | 6.25% | +1.69 |
| SCHW Schwab (charles) Corp. | Add +6.2% | 6.77% | +1.56 |
| SNPS Synopsys Inc. | New | 1.45% | +1.45 |
| NKE Nike Inc. Class B | New | 1.30% | +1.30 |
| WDAY Workday Inc. Class A | Add +36.6% | 4.10% | +1.23 |
| STE Steris PLC | Add +5.3% | 4.59% | +1.18 |
| DHR Danaher Corp. | Add +33.2% | 3.93% | +1.08 |
| MSFT Microsoft Corp. | Add +3.2% | 11.78% | +0.71 |
| A Agilent Technologies Inc. | Add +19.8% | 3.52% | +0.61 |
| FBIN Fortune Brands Innovations I | New | 0.59% | +0.59 |
| GOOGL Alphabet Inc. Class A | Add +23.3% | 3.63% | +0.52 |
| IT Gartner Inc. | Add +16.4% | 3.40% | +0.49 |
| HTHT H World Group Ltd.-ADR | Add +8.2% | 1.17% | +0.34 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 28 | $10.3B | DHR, AMZN, MSFT, MELI, WST |
| Q1 2026 | 29 | $11.2B | MSFT, DHR, AMZN, MELI, GOOGL |
| Q4 2025 | 33 | $14.4B | MSFT, DHR, MELI, GOOGL, WDAY |
| Q3 2025 | 33 | $15.1B | MSFT, DHR, MELI, SCHW, A |
| Q2 2025 | 37 | $15.7B | MSFT, SCHW, MELI, DHR, STE |
| Q1 2025 | 38 | $16.6B | MSFT, BDX, SCHW, MELI, AMZN |
| Q4 2024 | 38 | $19.2B | MSFT, AMZN, BDX, SCHW, ACN |
| Q3 2024 | 42 | $21.4B | MSFT, AMZN, BDX, MELI, TMO |
| Q2 2024 | 43 | $20.8B | MSFT, AMZN, BDX, TMO, EFX |
| Q1 2024 | 42 | $21.9B | AMZN, MSFT, AMAT, TMO, EFX |