Generation Investment Management LLP
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 10, 2025), Generation Investment Management LLP reported 33 stock positions worth $15.1 billion. Its top holding was Microsoft (MSFT) at 16.3% of the portfolio, followed by Danaher (DHR, 8.7%) and MercadoLibre (MELI, 6.9%). Compared with Q2 2025, it opened 1 new position, sold out of 5, added to 9 and reduced 21. The biggest buy was a new position in Salesforce (CRM) and the biggest sale an exit from Jones Lang Lasalle (JLL).
- Most Recent 13F
- Q2 2026
- Location
- London, X0
- CIK
- 0001375534
- Portfolio Value
- $15.1B (Q3 2025)
- SEC Filing
- 0001172661-25-004665 ↗ filed Nov 10, 2025
Holdings Value
Holdings 33 stocks · $15.1B
| MSFT Microsoft Corp. | 16.28% | 4,744,228 | $2.5B | Reduce -5.8% |
| DHR Danaher Corp. | 8.74% | 6,654,666 | $1.3B | Add +34.0% |
| MELI MercadoLibre Inc. | 6.93% | 447,488 | $1.0B | Reduce -2.8% |
| SCHW Schwab (charles) Corp. | 6.78% | 10,726,323 | $1.0B | Reduce -22.8% |
| A Agilent Technologies Inc. | 5.41% | 6,357,953 | $816.0M | Add +10.1% |
| GOOGL Alphabet Inc. Class A | 5.18% | 3,215,729 | $781.7M | Reduce -12.8% |
| WDAY Workday Inc. Class A | 4.92% | 3,087,395 | $743.2M | Add +50.4% |
| STE Steris PLC | 4.89% | 2,984,939 | $738.6M | Reduce -5.9% |
| EFX Equifax Inc. | 4.65% | 2,736,467 | $702.0M | Add +6.3% |
| TRMB Trimble Inc. | 4.52% | 8,358,112 | $682.4M | Reduce -7.3% |
| TMO Thermo Fisher Scientific Inc. | 4.13% | 1,284,924 | $623.2M | Add +29.9% |
| NTNX Nutanix Inc. Class A | 3.18% | 6,443,573 | $479.3M | Reduce -3.2% |
| V Visa Inc. Class A | 3.02% | 1,333,279 | $455.2M | Reduce -2.9% |
| CRM Salesforce Inc. | 2.86% | 1,819,228 | $431.2M | New |
| ACN Accenture PLC Class A | 2.81% | 1,722,474 | $424.8M | Add +5.0% |
| AMZN Amazon.com Inc. | 2.58% | 1,776,958 | $390.2M | Add +3.2% |
| BDX Becton Dickinson and Co. | 2.46% | 1,984,672 | $371.5M | Reduce -28.1% |
| ADI Analog Devices Inc. | 2.14% | 1,316,607 | $323.5M | Reduce -39.2% |
| WST West Pharmaceutical Services | 1.70% | 976,014 | $256.0M | Reduce -16.3% |
| SNPS Synopsys Inc. | 1.36% | 416,295 | $205.4M | Reduce -22.9% |
| TTAN Servicetitan Inc. Class A | 1.17% | 1,751,224 | $176.6M | Reduce -3.4% |
| IDXX Idexx Laboratories Inc. | 1.10% | 260,394 | $166.4M | Reduce -54.1% |
| RELY Remitly Global Inc. | 0.83% | 7,692,320 | $125.4M | No change |
| MCO Moody's Corp. | 0.80% | 254,169 | $121.1M | Reduce -6.2% |
| TSM Taiwan Semiconductor-SP ADR | 0.45% | 242,970 | $67.9M | Reduce -18.2% |
| HTHT H World Group Ltd.-ADR | 0.39% | 1,492,241 | $58.4M | Add +0.3% |
| SOPH Sophia Genetics SA | 0.21% | 6,789,560 | $32.3M | No change |
| CTSH Cognizant Tech Solutions-A | 0.19% | 423,434 | $28.4M | Reduce -0.6% |
| TYGO Tigo Energy Inc. | 0.12% | 7,069,700 | $17.7M | Reduce -8.1% |
| CPNG Coupang Inc. | 0.07% | 316,156 | $10.2M | Reduce -6.4% |
| FRSH Freshworks Inc. Class A | 0.06% | 798,709 | $9.4M | Add +70.5% |
| TXN Texas Instruments Inc. | 0.04% | 30,907 | $5.7M | Reduce -53.8% |
| MCHP Microchip Technology Inc. | 0.04% | 86,147 | $5.5M | Reduce -56.1% |
Portfolio Sells Q2 2025 → Q3 2025
| JLL Jones Lang Lasalle Inc. | Sold out | 0.00% | −2.85 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −1.64 |
| SCHW Schwab (charles) Corp. | Reduce -22.8% | 6.78% | −1.27 |
| ADI Analog Devices Inc. | Reduce -39.2% | 2.14% | −1.14 |
| VEEV Veeva Systems Inc. Class A | Sold out | 0.00% | −1.06 |
| IDXX Idexx Laboratories Inc. | Reduce -54.1% | 1.10% | −0.83 |
| IT Gartner Inc. | Sold out | 0.00% | −0.82 |
| MELI MercadoLibre Inc. | Reduce -2.8% | 6.93% | −0.72 |
| BDX Becton Dickinson and Co. | Reduce -28.1% | 2.46% | −0.56 |
| SNPS Synopsys Inc. | Reduce -22.9% | 1.36% | −0.40 |
| TOST Toast Inc. Class A | Sold out | 0.00% | −0.26 |
| V Visa Inc. Class A | Reduce -2.9% | 3.02% | −0.08 |
| TTAN Servicetitan Inc. Class A | Reduce -3.4% | 1.17% | −0.06 |
| MCO Moody's Corp. | Reduce -6.2% | 0.80% | −0.06 |
| NTNX Nutanix Inc. Class A | Reduce -3.2% | 3.18% | −0.06 |
| MCHP Microchip Technology Inc. | Reduce -56.1% | 0.04% | −0.05 |
| TXN Texas Instruments Inc. | Reduce -53.8% | 0.04% | −0.05 |
| CTSH Cognizant Tech Solutions-A | Reduce -0.6% | 0.19% | −0.02 |
| CPNG Coupang Inc. | Reduce -6.4% | 0.07% | +0.00 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -18.2% | 0.45% | +0.02 |
| STE Steris PLC | Reduce -5.9% | 4.89% | +0.05 |
| TYGO Tigo Energy Inc. | Reduce -8.1% | 0.12% | +0.05 |
| WST West Pharmaceutical Services | Reduce -16.3% | 1.70% | +0.07 |
| TRMB Trimble Inc. | Reduce -7.3% | 4.52% | +0.16 |
| MSFT Microsoft Corp. | Reduce -5.8% | 16.28% | +0.35 |
| GOOGL Alphabet Inc. Class A | Reduce -12.8% | 5.18% | +1.05 |
Portfolio Buys Q2 2025 → Q3 2025
| CRM Salesforce Inc. | New | 2.86% | +2.86 |
| DHR Danaher Corp. | Add +34.0% | 8.74% | +2.50 |
| WDAY Workday Inc. Class A | Add +50.4% | 4.92% | +1.79 |
| TMO Thermo Fisher Scientific Inc. | Add +29.9% | 4.13% | +1.58 |
| A Agilent Technologies Inc. | Add +10.1% | 5.41% | +1.07 |
| EFX Equifax Inc. | Add +6.3% | 4.65% | +0.41 |
| AMZN Amazon.com Inc. | Add +3.2% | 2.58% | +0.18 |
| HTHT H World Group Ltd.-ADR | Add +0.3% | 0.39% | +0.07 |
| FRSH Freshworks Inc. Class A | Add +70.5% | 0.06% | +0.02 |
| ACN Accenture PLC Class A | Add +5.0% | 2.81% | −0.30 |
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 |