GUARDCAP ASSET MANAGEMENT Ltd
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 10, 2026), GUARDCAP ASSET MANAGEMENT Ltd reported 27 stock positions worth $3.7 billion. Its top holding was Cme (CME) at 13.7% of the portfolio, followed by Yum China (YUMC, 9.6%) and Booking (BKNG, 8.5%). Compared with Q3 2025, it added to 1 and reduced 26. The biggest buy was Adobe (ADBE, shares +43%) and the biggest sale Mastercard Class A (MA, shares −28%).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001732008
- Portfolio Value
- $3.7B (Q4 2025)
- SEC Filing
- 0001732008-26-000001 ↗ filed Feb 10, 2026
Holdings Value
Holdings 27 stocks · $3.7B
| CME Cme Group Inc. | 13.73% | 1,882,244 | $513.8M | Reduce -16.1% |
| YUMC Yum China Holdings Inc. | 9.62% | 7,538,993 | $359.9M | Reduce -14.3% |
| BKNG Booking Holdings Inc. | 8.49% | 59,346 | $317.8M | Reduce -21.2% |
| MA Mastercard Inc. Class A | 7.36% | 483,452 | $275.6M | Reduce -27.6% |
| UNH Unitedhealth Group Inc. | 7.32% | 829,546 | $273.9M | Reduce -15.4% |
| MSFT Microsoft Corp. | 7.17% | 555,230 | $268.5M | Reduce -16.8% |
| CL Colgate-Palmolive Co. | 6.29% | 2,979,811 | $235.4M | Reduce -15.2% |
| ADBE Adobe Inc. | 6.20% | 663,251 | $232.1M | Add +43.3% |
| MKTX Marketaxess Holdings Inc. | 5.58% | 1,153,578 | $209.0M | Reduce -15.3% |
| ILMN Illumina Inc. | 5.53% | 1,576,637 | $206.9M | Reduce -14.9% |
| WAT Waters Corp. | 5.39% | 530,654 | $201.8M | Reduce -15.2% |
| NKE Nike Inc. Class B | 5.25% | 3,083,426 | $196.6M | Reduce -15.3% |
| ACN Accenture PLC Class A | 4.34% | 605,644 | $162.6M | Reduce -15.5% |
| ADP Automatic Data Processing | 3.83% | 556,909 | $143.3M | Reduce -15.2% |
| VRSK Verisk Analytics Inc. | 2.98% | 499,677 | $111.7M | Reduce -16.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.19% | 23,778 | $7.2M | Reduce -20.3% |
| HDB HDFC Bank Ltd.-ADR | 0.12% | 126,900 | $4.6M | Reduce -1.3% |
| AOS Smith (a.o.) Corp. | 0.11% | 60,555 | $4.1M | Reduce -38.5% |
| MELI MercadoLibre Inc. | 0.11% | 1,965 | $4.0M | Reduce -13.6% |
| BABA Alibaba Group Holding-SP ADR | 0.08% | 19,500 | $2.9M | Reduce -15.1% |
| NTES Netease Inc.-ADR | 0.06% | 16,415 | $2.3M | Reduce -16.7% |
| TCOM Trip.com Group Ltd.-ADR | 0.06% | 31,130 | $2.2M | Reduce -12.4% |
| INFY Infosys Ltd.-SP ADR | 0.05% | 105,600 | $1.9M | Reduce -15.1% |
| ITUB Itau Unibanco H-Spon PRF ADR | 0.04% | 229,484 | $1.6M | Reduce -9.5% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.03% | 25,221 | $1.3M | Reduce -0.5% |
| GLOB Globant SA | 0.02% | 13,672 | $894K | Reduce -10.5% |
| SE Sea Ltd.-ADR | 0.02% | 5,095 | $650K | Reduce -13.6% |
Portfolio Sells Q3 2025 → Q4 2025
| MA Mastercard Inc. Class A | Reduce -27.6% | 7.36% | −1.44 |
| BKNG Booking Holdings Inc. | Reduce -21.2% | 8.49% | −0.93 |
| MSFT Microsoft Corp. | Reduce -16.8% | 7.17% | −0.83 |
| ADP Automatic Data Processing | Reduce -15.2% | 3.83% | −0.64 |
| NKE Nike Inc. Class B | Reduce -15.3% | 5.25% | −0.63 |
| UNH Unitedhealth Group Inc. | Reduce -15.4% | 7.32% | −0.53 |
| VRSK Verisk Analytics Inc. | Reduce -16.3% | 2.98% | −0.49 |
| CME Cme Group Inc. | Reduce -16.1% | 13.73% | −0.32 |
| CL Colgate-Palmolive Co. | Reduce -15.2% | 6.29% | −0.22 |
| AOS Smith (a.o.) Corp. | Reduce -38.5% | 0.11% | −0.06 |
| BABA Alibaba Group Holding-SP ADR | Reduce -15.1% | 0.08% | −0.02 |
| MELI MercadoLibre Inc. | Reduce -13.6% | 0.11% | −0.02 |
| NTES Netease Inc.-ADR | Reduce -16.7% | 0.06% | −0.01 |
| SE Sea Ltd.-ADR | Reduce -13.6% | 0.02% | −0.01 |
| TCOM Trip.com Group Ltd.-ADR | Reduce -12.4% | 0.06% | −0.00 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -20.3% | 0.19% | 0.00 |
| ITUB Itau Unibanco H-Spon PRF ADR | Reduce -9.5% | 0.04% | +0.00 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -0.5% | 0.03% | +0.00 |
| INFY Infosys Ltd.-SP ADR | Reduce -15.1% | 0.05% | +0.00 |
| GLOB Globant SA | Reduce -10.5% | 0.02% | +0.00 |
| HDB HDFC Bank Ltd.-ADR | Reduce -1.3% | 0.12% | +0.02 |
| MKTX Marketaxess Holdings Inc. | Reduce -15.3% | 5.58% | +0.09 |
| ACN Accenture PLC Class A | Reduce -15.5% | 4.34% | +0.25 |
| YUMC Yum China Holdings Inc. | Reduce -14.3% | 9.62% | +0.87 |
| WAT Waters Corp. | Reduce -15.2% | 5.39% | +1.04 |
| ILMN Illumina Inc. | Reduce -14.9% | 5.53% | +1.45 |
Portfolio Buys Q3 2025 → Q4 2025
| ADBE Adobe Inc. | Add +43.3% | 6.20% | +2.42 |
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 |