GUARDCAP ASSET MANAGEMENT Ltd
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), GUARDCAP ASSET MANAGEMENT Ltd reported 27 stock positions worth $5.2 billion. Its top holding was Cme (CME) at 13.0% of the portfolio, followed by Mastercard Class A (MA, 9.9%) and Yum China (YUMC, 9.8%). Compared with Q4 2024, it opened 2 new positions, sold out of 1, added to 4 and reduced 19. The biggest buy was a new position in Adobe (ADBE) and the biggest sale an exit from Alphabet Class A (GOOGL).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001732008
- Portfolio Value
- $5.2B (Q1 2025)
- SEC Filing
- 0001062993-25-009329 ↗ filed May 14, 2025
Holdings Value
Holdings 27 stocks · $5.2B
| CME Cme Group Inc. | 12.99% | 2,526,937 | $670.4M | Reduce -13.5% |
| MA Mastercard Inc. Class A | 9.94% | 935,665 | $512.9M | Reduce -14.3% |
| YUMC Yum China Holdings Inc. | 9.77% | 9,681,550 | $504.0M | Reduce -14.3% |
| BKNG Booking Holdings Inc. | 9.75% | 109,228 | $503.2M | Reduce -14.0% |
| UNH Unitedhealth Group Inc. | 7.97% | 785,551 | $411.4M | Add +8.4% |
| CL Colgate-Palmolive Co. | 7.16% | 3,944,069 | $369.6M | Reduce -16.8% |
| MKTX Marketaxess Holdings Inc. | 6.38% | 1,523,006 | $329.5M | Reduce -13.6% |
| MSFT Microsoft Corp. | 5.59% | 768,270 | $288.4M | Reduce -13.4% |
| WAT Waters Corp. | 4.99% | 699,225 | $257.7M | Reduce -13.6% |
| ACN Accenture PLC Class A | 4.88% | 807,035 | $251.8M | Reduce -36.5% |
| ADP Automatic Data Processing | 4.55% | 768,340 | $234.8M | Reduce -13.4% |
| VRSK Verisk Analytics Inc. | 4.44% | 769,685 | $229.1M | Reduce -11.9% |
| ADBE Adobe Inc. | 3.85% | 517,579 | $198.5M | New |
| NKE Nike Inc. Class B | 3.69% | 2,998,671 | $190.4M | Reduce -13.6% |
| ILMN Illumina Inc. | 3.18% | 2,071,095 | $164.3M | Reduce -13.7% |
| AOS Smith (a.o.) Corp. | 0.28% | 220,973 | $14.4M | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.11% | 34,178 | $5.7M | Reduce -4.1% |
| MELI MercadoLibre Inc. | 0.09% | 2,493 | $4.9M | Reduce -12.1% |
| HDB HDFC Bank Ltd.-ADR | 0.09% | 72,820 | $4.8M | Add +1.4% |
| BABA Alibaba Group Holding-SP ADR | 0.06% | 24,265 | $3.2M | Reduce -8.1% |
| TCOM Trip.com Group Ltd.-ADR | 0.05% | 41,400 | $2.6M | Add +4.3% |
| INFY Infosys Ltd.-SP ADR | 0.05% | 130,500 | $2.4M | No change |
| NTES Netease Inc.-ADR | 0.04% | 20,660 | $2.1M | Reduce -2.1% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.03% | 25,383 | $1.8M | Add +24.1% |
| ITUB Itau Unibanco H-Spon PRF ADR | 0.03% | 266,200 | $1.5M | New |
| GLOB Globant SA | 0.03% | 11,822 | $1.4M | Reduce -1.6% |
| SE Sea Ltd.-ADR | 0.02% | 6,195 | $808K | Reduce -3.1% |
Portfolio Sells Q4 2024 → Q1 2025
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −5.05 |
| ACN Accenture PLC Class A | Reduce -36.5% | 4.88% | −2.35 |
| ILMN Illumina Inc. | Reduce -13.7% | 3.18% | −2.00 |
| NKE Nike Inc. Class B | Reduce -13.6% | 3.69% | −0.56 |
| MSFT Microsoft Corp. | Reduce -13.4% | 5.59% | −0.46 |
| BKNG Booking Holdings Inc. | Reduce -14.0% | 9.75% | −0.44 |
| MKTX Marketaxess Holdings Inc. | Reduce -13.6% | 6.38% | −0.06 |
| GLOB Globant SA | Reduce -1.6% | 0.03% | −0.01 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -4.1% | 0.11% | −0.00 |
| SE Sea Ltd.-ADR | Reduce -3.1% | 0.02% | +0.00 |
| NTES Netease Inc.-ADR | Reduce -2.1% | 0.04% | +0.01 |
| MELI MercadoLibre Inc. | Reduce -12.1% | 0.09% | +0.02 |
| BABA Alibaba Group Holding-SP ADR | Reduce -8.1% | 0.06% | +0.03 |
| WAT Waters Corp. | Reduce -13.6% | 4.99% | +0.14 |
| CL Colgate-Palmolive Co. | Reduce -16.8% | 7.16% | +0.19 |
| ADP Automatic Data Processing | Reduce -13.4% | 4.55% | +0.35 |
| VRSK Verisk Analytics Inc. | Reduce -11.9% | 4.44% | +0.55 |
| MA Mastercard Inc. Class A | Reduce -14.3% | 9.94% | +0.65 |
| YUMC Yum China Holdings Inc. | Reduce -14.3% | 9.77% | +0.97 |
| CME Cme Group Inc. | Reduce -13.5% | 12.99% | +2.02 |
Portfolio Buys Q4 2024 → Q1 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026Amended | 18 | $1.4B | CME, UNH, YUMC, ILMN, BKNG |
| Q1 2026 | 27 | $1.7B | CME, YUMC, BKNG, CL, MA |
| Q4 2025 | 27 | $3.7B | CME, YUMC, BKNG, MA, UNH |
| Q3 2025 | 27 | $4.3B | CME, BKNG, MA, YUMC, MSFT |
| Q2 2025 | 27 | $5.1B | CME, BKNG, YUMC, MA, MSFT |
| Q1 2025 | 27 | $5.2B | CME, MA, YUMC, BKNG, UNH |
| Q4 2024 | 26 | $6.2B | CME, BKNG, MA, YUMC, ACN |
| Q3 2024 | 27 | $7.3B | CME, MA, BKNG, YUMC, CL |
| Q2 2024 | 28 | $7.0B | GOOGL, CME, BKNG, MA, CL |
| Q1 2024 | 27 | $8.2B | CME, GOOGL, MA, BKNG, CL |