Generation Investment Management LLP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Generation Investment Management LLP reported 33 stock positions worth $14.4 billion. Its top holding was Microsoft (MSFT) at 13.8% of the portfolio, followed by Danaher (DHR, 12.1%) and MercadoLibre (MELI, 6.4%). Compared with Q3 2025, it opened 4 new positions, sold out of 4, added to 8 and reduced 18. The biggest buy was Danaher (DHR, shares +14%) and the biggest sale an exit from Becton Dickinson and (BDX).
- Most Recent 13F
- Q2 2026
- Location
- London, X0
- CIK
- 0001375534
- Portfolio Value
- $14.4B (Q4 2025)
- SEC Filing
- 0001172661-26-000690 ↗ filed Feb 12, 2026
Holdings Value
Holdings 33 stocks · $14.4B
| MSFT Microsoft Corp. | 13.85% | 4,128,300 | $2.0B | Reduce -13.0% |
| DHR Danaher Corp. | 12.05% | 7,589,661 | $1.7B | Add +14.1% |
| MELI MercadoLibre Inc. | 6.41% | 458,751 | $924.0M | Add +2.5% |
| GOOGL Alphabet Inc. Class A | 6.14% | 2,827,443 | $885.0M | Reduce -12.1% |
| WDAY Workday Inc. Class A | 6.13% | 4,118,011 | $884.5M | Add +33.4% |
| SCHW Schwab (charles) Corp. | 5.44% | 7,847,717 | $784.1M | Reduce -26.8% |
| CRM Salesforce Inc. | 5.10% | 2,772,875 | $734.6M | Add +52.4% |
| ACN Accenture PLC Class A | 4.47% | 2,401,691 | $644.4M | Add +39.4% |
| TMO Thermo Fisher Scientific Inc. | 4.47% | 1,111,327 | $644.0M | Reduce -13.5% |
| AMZN Amazon.com Inc. | 4.13% | 2,579,886 | $595.5M | Add +45.2% |
| TRMB Trimble Inc. | 4.13% | 7,593,981 | $595.0M | Reduce -9.1% |
| A Agilent Technologies Inc. | 3.95% | 4,180,266 | $568.8M | Reduce -34.3% |
| STE Steris PLC | 3.67% | 2,088,483 | $529.5M | Reduce -30.0% |
| WST West Pharmaceutical Services | 2.98% | 1,561,869 | $429.7M | Add +60.0% |
| V Visa Inc. Class A | 2.95% | 1,212,446 | $425.2M | Reduce -9.1% |
| EFX Equifax Inc. | 2.37% | 1,571,674 | $341.0M | Reduce -42.6% |
| SNPS Synopsys Inc. | 1.63% | 499,931 | $234.8M | Add +20.1% |
| COO The Cooper Cos Inc. | 1.62% | 2,849,428 | $233.5M | New |
| SPOT Spotify Technology SA | 1.34% | 332,933 | $193.3M | New |
| TTAN Servicetitan Inc. Class A | 1.29% | 1,751,224 | $186.5M | No change |
| NTNX Nutanix Inc. Class A | 1.23% | 3,429,922 | $177.3M | Reduce -46.8% |
| MSCI MSCI Inc. | 0.90% | 227,249 | $130.4M | New |
| MCO Moody's Corp. | 0.80% | 225,909 | $115.4M | Reduce -11.1% |
| CSL Carlisle Cos Inc. | 0.76% | 341,452 | $109.2M | New |
| RELY Remitly Global Inc. | 0.74% | 7,692,320 | $106.2M | No change |
| HTHT H World Group Ltd.-ADR | 0.44% | 1,355,431 | $63.8M | Reduce -9.2% |
| TSM Taiwan Semiconductor-SP ADR | 0.41% | 192,192 | $58.4M | Reduce -20.9% |
| CTSH Cognizant Tech Solutions-A | 0.24% | 412,729 | $34.3M | Reduce -2.5% |
| SOPH Sophia Genetics SA | 0.22% | 6,789,560 | $31.7M | No change |
| FRSH Freshworks Inc. Class A | 0.06% | 721,324 | $8.8M | Reduce -9.7% |
| CPNG Coupang Inc. | 0.05% | 304,941 | $7.2M | Reduce -3.5% |
| TXN Texas Instruments Inc. | 0.03% | 28,109 | $4.9M | Reduce -9.1% |
| TYGO Tigo Energy Inc. | 0.02% | 1,658,857 | $2.3M | Reduce -76.5% |
Portfolio Sells Q3 2025 → Q4 2025
| BDX Becton Dickinson and Co. | Sold out | 0.00% | −2.46 |
| MSFT Microsoft Corp. | Reduce -13.0% | 13.85% | −2.43 |
| EFX Equifax Inc. | Reduce -42.6% | 2.37% | −2.28 |
| ADI Analog Devices Inc. | Sold out | 0.00% | −2.14 |
| NTNX Nutanix Inc. Class A | Reduce -46.8% | 1.23% | −1.95 |
| A Agilent Technologies Inc. | Reduce -34.3% | 3.95% | −1.46 |
| SCHW Schwab (charles) Corp. | Reduce -26.8% | 5.44% | −1.35 |
| STE Steris PLC | Reduce -30.0% | 3.67% | −1.22 |
| IDXX Idexx Laboratories Inc. | Sold out | 0.00% | −1.10 |
| TRMB Trimble Inc. | Reduce -9.1% | 4.13% | −0.39 |
| TYGO Tigo Energy Inc. | Reduce -76.5% | 0.02% | −0.10 |
| V Visa Inc. Class A | Reduce -9.1% | 2.95% | −0.07 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -20.9% | 0.41% | −0.04 |
| MCHP Microchip Technology Inc. | Sold out | 0.00% | −0.04 |
| CPNG Coupang Inc. | Reduce -3.5% | 0.05% | −0.02 |
| TXN Texas Instruments Inc. | Reduce -9.1% | 0.03% | −0.00 |
| MCO Moody's Corp. | Reduce -11.1% | 0.80% | −0.00 |
| FRSH Freshworks Inc. Class A | Reduce -9.7% | 0.06% | −0.00 |
| CTSH Cognizant Tech Solutions-A | Reduce -2.5% | 0.24% | +0.05 |
| HTHT H World Group Ltd.-ADR | Reduce -9.2% | 0.44% | +0.06 |
| TMO Thermo Fisher Scientific Inc. | Reduce -13.5% | 4.47% | +0.34 |
| GOOGL Alphabet Inc. Class A | Reduce -12.1% | 6.14% | +0.96 |
Portfolio Buys Q3 2025 → Q4 2025
| DHR Danaher Corp. | Add +14.1% | 12.05% | +3.31 |
| CRM Salesforce Inc. | Add +52.4% | 5.10% | +2.24 |
| ACN Accenture PLC Class A | Add +39.4% | 4.47% | +1.66 |
| COO The Cooper Cos Inc. | New | 1.62% | +1.62 |
| AMZN Amazon.com Inc. | Add +45.2% | 4.13% | +1.55 |
| SPOT Spotify Technology SA | New | 1.34% | +1.34 |
| WST West Pharmaceutical Services | Add +60.0% | 2.98% | +1.28 |
| WDAY Workday Inc. Class A | Add +33.4% | 6.13% | +1.21 |
| MSCI MSCI Inc. | New | 0.90% | +0.90 |
| CSL Carlisle Cos Inc. | New | 0.76% | +0.76 |
| SNPS Synopsys Inc. | Add +20.1% | 1.63% | +0.27 |
| MELI MercadoLibre Inc. | Add +2.5% | 6.41% | −0.52 |
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 |