GUARDCAP ASSET MANAGEMENT Ltd
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 28, 2026), GUARDCAP ASSET MANAGEMENT Ltd reported 27 stock positions worth $1.7 billion. Its top holding was Cme (CME) at 15.6% of the portfolio, followed by Yum China (YUMC, 11.0%) and Booking (BKNG, 7.9%). Compared with Q4 2025, it opened 1 new position, sold out of 1 and reduced 25. The biggest buy was a new position in Relx PLC - Spon ADR (RELX) and the biggest sale Waters (WAT, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001732008
- Portfolio Value
- $1.7B (Q1 2026)
- SEC Filing
- 0001732008-26-000002 ↗ filed Apr 28, 2026
Holdings Value
Holdings 27 stocks · $1.7B
| CME Cme Group Inc. | 15.59% | 925,624 | $272.3M | Reduce -50.8% |
| YUMC Yum China Holdings Inc. | 11.02% | 3,945,736 | $192.5M | Reduce -47.7% |
| BKNG Booking Holdings Inc. | 7.87% | 32,329 | $137.5M | Reduce -45.5% |
| CL Colgate-Palmolive Co. | 7.73% | 1,589,800 | $135.0M | Reduce -46.6% |
| MA Mastercard Inc. Class A | 7.58% | 264,057 | $132.4M | Reduce -45.4% |
| UNH Unitedhealth Group Inc. | 7.26% | 465,161 | $126.8M | Reduce -43.9% |
| MSFT Microsoft Corp. | 6.57% | 306,565 | $114.7M | Reduce -44.8% |
| ILMN Illumina Inc. | 6.28% | 887,509 | $109.7M | Reduce -43.7% |
| MKTX Marketaxess Holdings Inc. | 6.09% | 643,370 | $106.4M | Reduce -44.2% |
| NKE Nike Inc. Class B | 5.26% | 1,723,994 | $91.8M | Reduce -44.1% |
| ADBE Adobe Inc. | 5.16% | 367,810 | $90.2M | Reduce -44.5% |
| VRSK Verisk Analytics Inc. | 5.15% | 472,853 | $90.0M | Reduce -5.4% |
| ACN Accenture PLC Class A | 3.90% | 338,717 | $68.1M | Reduce -44.1% |
| ADP Automatic Data Processing | 3.61% | 307,066 | $63.0M | Reduce -44.9% |
| AOS Smith (a.o.) Corp. | 0.23% | 60,555 | $4.1M | No change |
| WAT Waters Corp. | 0.23% | 10,225 | $4.0M | Reduce -98.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.10% | 5,334 | $1.8M | Reduce -77.6% |
| RELX Relx PLC - Spon ADR | 0.07% | 37,875 | $1.3M | New |
| MELI MercadoLibre Inc. | 0.07% | 700 | $1.2M | Reduce -64.4% |
| HDB HDFC Bank Ltd.-ADR | 0.06% | 38,800 | $965K | Reduce -69.4% |
| BABA Alibaba Group Holding-SP ADR | 0.03% | 4,750 | $596K | Reduce -75.6% |
| ITUB Itau Unibanco H-Spon PRF ADR | 0.03% | 67,718 | $567K | Reduce -70.5% |
| INFY Infosys Ltd.-SP ADR | 0.03% | 40,000 | $540K | Reduce -62.1% |
| TCOM Trip.com Group Ltd.-ADR | 0.03% | 10,230 | $509K | Reduce -67.1% |
| NTES Netease Inc.-ADR | 0.02% | 3,855 | $432K | Reduce -76.5% |
| GLOB Globant SA | 0.01% | 3,172 | $146K | Reduce -76.8% |
| SE Sea Ltd.-ADR | 0.01% | 1,120 | $93K | Reduce -78.0% |
Portfolio Sells Q4 2025 → Q1 2026
| WAT Waters Corp. | Reduce -98.1% | 0.23% | −5.16 |
| ADBE Adobe Inc. | Reduce -44.5% | 5.16% | −1.04 |
| BKNG Booking Holdings Inc. | Reduce -45.5% | 7.87% | −0.62 |
| MSFT Microsoft Corp. | Reduce -44.8% | 6.57% | −0.61 |
| ACN Accenture PLC Class A | Reduce -44.1% | 3.90% | −0.44 |
| ADP Automatic Data Processing | Reduce -44.9% | 3.61% | −0.22 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -77.6% | 0.10% | −0.09 |
| HDB HDFC Bank Ltd.-ADR | Reduce -69.4% | 0.06% | −0.07 |
| UNH Unitedhealth Group Inc. | Reduce -43.9% | 7.26% | −0.06 |
| BABA Alibaba Group Holding-SP ADR | Reduce -75.6% | 0.03% | −0.04 |
| MELI MercadoLibre Inc. | Reduce -64.4% | 0.07% | −0.04 |
| NTES Netease Inc.-ADR | Reduce -76.5% | 0.02% | −0.04 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.03 |
| TCOM Trip.com Group Ltd.-ADR | Reduce -67.1% | 0.03% | −0.03 |
| INFY Infosys Ltd.-SP ADR | Reduce -62.1% | 0.03% | −0.02 |
| GLOB Globant SA | Reduce -76.8% | 0.01% | −0.02 |
| SE Sea Ltd.-ADR | Reduce -78.0% | 0.01% | −0.01 |
| ITUB Itau Unibanco H-Spon PRF ADR | Reduce -70.5% | 0.03% | −0.01 |
| NKE Nike Inc. Class B | Reduce -44.1% | 5.26% | +0.00 |
| MA Mastercard Inc. Class A | Reduce -45.4% | 7.58% | +0.22 |
| MKTX Marketaxess Holdings Inc. | Reduce -44.2% | 6.09% | +0.51 |
| ILMN Illumina Inc. | Reduce -43.7% | 6.28% | +0.75 |
| YUMC Yum China Holdings Inc. | Reduce -47.7% | 11.02% | +1.40 |
| CL Colgate-Palmolive Co. | Reduce -46.6% | 7.73% | +1.44 |
| CME Cme Group Inc. | Reduce -50.8% | 15.59% | +1.86 |
| VRSK Verisk Analytics Inc. | Reduce -5.4% | 5.15% | +2.17 |
Portfolio Buys Q4 2025 → Q1 2026
| RELX Relx PLC - Spon ADR | New | 0.07% | +0.07 |
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 |