Guinness Asset Management LTD
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 11, 2024), Guinness Asset Management LTD reported 105 stock positions worth $4.8 billion. Its top holding was Microsoft (MSFT) at 4.8% of the portfolio, followed by Broadcom (AVGO, 4.3%) and Arthur J Gallagher (AJG, 4.1%). Compared with Q1 2024, it opened 1 new position, sold out of 5, added to 53 and reduced 48. The biggest buy was Coca-Cola (KO, shares +26%) and the biggest sale Abbvie (ABBV, shares −11%).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001409661
- Portfolio Value
- $4.8B (Q2 2024)
- SEC Filing
- 0001085146-24-002857 ↗ filed Jul 11, 2024
Holdings Value
Holdings 105 stocks · $4.8B
| MSFT Microsoft Corp. | 4.81% | 521,412 | $233.1M | Reduce -16.5% |
| AVGO Broadcom Inc. | 4.25% | 128,427 | $206.1M | Reduce -24.1% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 4.09% | 764,259 | $198.2M | Add +0.4% |
| AFL Aflac Inc. | 4.04% | 2,193,036 | $195.8M | Reduce -0.8% |
| EMR Emerson Electric Co. | 3.97% | 1,748,430 | $192.5M | Add +0.4% |
| CSCO Cisco Systems Inc. | 3.96% | 4,035,776 | $191.7M | Add +16.4% |
| ABBV Abbvie Inc. | 3.92% | 1,109,044 | $190.1M | Reduce -10.8% |
| BLK BlackRock Finance Inc. | 3.89% | 239,596 | $188.6M | Add +15.4% |
| PG The Procter & Gamble Co. | 3.86% | 1,134,036 | $187.1M | Add +0.4% |
| KO The Coca-Cola Co. | 3.85% | 2,927,991 | $186.4M | Add +25.9% |
| PEP Pepsico Inc. | 3.83% | 1,123,800 | $185.4M | Add +23.1% |
| JNJ Johnson & Johnson | 3.82% | 1,266,158 | $185.0M | Add +30.8% |
| CME Cme Group Inc. | 3.82% | 940,643 | $184.9M | Add +9.2% |
| MDLZ Mondelez International Inc. Class A | 3.76% | 2,785,357 | $182.4M | Add +19.6% |
| ITW Illinois Tool Works | 3.75% | 767,741 | $181.9M | Add +30.7% |
| TXN Texas Instruments Inc. | 3.71% | 925,279 | $180.0M | Reduce -14.6% |
| PAYX Paychex Inc. | 3.67% | 1,499,040 | $177.7M | Add +11.4% |
| OTIS Otis Worldwide Corp. | 3.51% | 1,769,761 | $170.3M | Add +0.4% |
| TSM Taiwan Semiconductor-SP ADR | 1.40% | 391,923 | $68.0M | Reduce -16.9% |
| KLAC KLA Corp. | 1.07% | 62,906 | $51.9M | Reduce -4.2% |
| APH Amphenol Corp. Class A | 1.05% | 756,869 | $51.0M | Add +0.8% |
| AMAT Applied Materials Inc. | 1.02% | 209,005 | $49.3M | Reduce -2.3% |
| LRCX Lam Research Corp. | 0.98% | 44,491 | $47.4M | Reduce -8.2% |
| META Meta Platforms Inc. Class A | 0.90% | 85,973 | $43.4M | Reduce -8.8% |
| INTU Intuit Inc. | 0.85% | 62,346 | $41.0M | Add +3.8% |
| NVDA Nvidia Corp. | 0.83% | 327,490 | $40.5M | Reduce -39.1% |
| GOOGL Alphabet Inc. Class A | 0.82% | 217,057 | $39.6M | Add +3.8% |
| NEE Nextera Energy Inc. | 0.78% | 532,019 | $37.7M | Reduce -21.4% |
| MA Mastercard Inc. Class A | 0.76% | 83,937 | $37.0M | Add +3.8% |
| CRM Salesforce Inc. | 0.76% | 142,876 | $36.7M | Add +3.8% |
| ROP Roper Technologies Inc. | 0.76% | 65,067 | $36.7M | Add +3.8% |
| HUBB Hubbell Inc. | 0.74% | 98,061 | $35.8M | Reduce -7.8% |
| ICE Intercontinental Exchange Inc. | 0.71% | 252,994 | $34.6M | Add +3.8% |
| AMZN Amazon.com Inc. | 0.71% | 177,812 | $34.4M | Add +3.8% |
| V Visa Inc. Class A | 0.71% | 130,696 | $34.3M | Add +3.8% |
| DHR Danaher Corp. | 0.69% | 134,209 | $33.5M | Add +3.8% |
| AAPL Apple Inc. | 0.68% | 156,985 | $33.1M | Add +3.8% |
| OC Owens Corning | 0.63% | 176,800 | $30.7M | New |
| FSLR First Solar Inc. | 0.62% | 131,997 | $29.8M | Reduce -35.9% |
| ITRI Itron Inc. | 0.59% | 289,774 | $28.7M | Reduce -21.3% |
| ADBE Adobe Inc. | 0.58% | 50,924 | $28.3M | Add +3.8% |
| TMO Thermo Fisher Scientific Inc. | 0.58% | 51,126 | $28.3M | Add +3.8% |
| ORA Ormat Technologies Inc. | 0.58% | 393,856 | $28.3M | Reduce -10.9% |
| ON On Semiconductor | 0.56% | 398,036 | $27.3M | Add +6.0% |
| PYPL PayPal Holdings Inc. | 0.56% | 468,827 | $27.2M | Add +3.8% |
| IBP Installed Building Products | 0.52% | 123,263 | $25.3M | Reduce -1.4% |
| XOM Exxon Mobil Corp. | 0.52% | 218,828 | $25.2M | Add +1.7% |
| CVX Chevron Corp. | 0.51% | 156,559 | $24.5M | Add +22.1% |
| COP Conocophillips | 0.44% | 187,210 | $21.4M | Add +8.8% |
| VLO Valero Energy Corp. | 0.41% | 126,292 | $19.7M | Reduce -2.6% |
| NKE Nike Inc. Class B | 0.39% | 251,986 | $19.1M | Add +3.8% |
| THRM Gentherm Inc. | 0.38% | 371,805 | $18.3M | Reduce -18.9% |
| IMO Imperial Oil Ltd. | 0.36% | 255,094 | $17.4M | Reduce -1.6% |
| FANG Diamondback Energy Inc. | 0.36% | 86,342 | $17.3M | Reduce -15.3% |
| SU Suncor Energy Inc. | 0.36% | 451,826 | $17.2M | Reduce -3.4% |
| CNQ Canadian Natural Resources | 0.34% | 461,866 | $16.5M | Reduce -3.8% |
| AMRC Ameresco Inc. Class A | 0.33% | 558,741 | $16.1M | Reduce -1.5% |
| EOG EOG Resources Inc. | 0.32% | 124,443 | $15.6M | Add +4.3% |
| CSIQ Canadian Solar Inc. | 0.32% | 1,055,381 | $15.6M | Reduce -1.5% |
| CVE Cenovus Energy Inc. | 0.32% | 780,216 | $15.3M | No change |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.31% | 318,981 | $15.0M | Add +16.3% |
| ENPH Enphase Energy Inc. | 0.30% | 144,599 | $14.4M | Reduce -1.5% |
| DVN Devon Energy Corp. | 0.29% | 300,966 | $14.2M | Add +17.3% |
| HAL Halliburton Co. | 0.29% | 412,530 | $13.9M | Add +6.0% |
| KMI Kinder Morgan Inc. | 0.25% | 616,617 | $12.2M | Add +14.0% |
| ENB Enbridge Inc. | 0.25% | 344,008 | $12.2M | Add +10.3% |
| BKR Baker Hughes Co. | 0.20% | 274,007 | $9.6M | Add +6.7% |
| QCOM Qualcomm Inc. | 0.16% | 39,682 | $7.9M | Reduce -38.4% |
| NTES Netease Inc.-ADR | 0.15% | 74,331 | $7.1M | Reduce -7.5% |
| HOS Hornbeck Offshore Services I filed as HELIX ENERGY SOLUTIONS GRP I | 0.10% | 402,098 | $4.8M | No change |
| SEDG Solaredge Technologies Inc. | 0.06% | 109,213 | $2.8M | Reduce -1.5% |
| TPICQ Tpi Composites Inc. | 0.03% | 392,778 | $1.6M | Reduce -1.5% |
| TER Teradyne Inc. | 0.01% | 4,610 | $683K | Reduce -3.9% |
| ANET Arista Networks Inc. | 0.01% | 1,918 | $672K | Reduce -8.1% |
| MPWR Monolithic Power Systems Inc. | 0.01% | 782 | $642K | Reduce -1.0% |
| ADUS Addus Homecare Corp. | 0.01% | 5,001 | $580K | Add +3.3% |
| CDNS Cadence Design SYS Inc. | 0.01% | 1,843 | $567K | Reduce -0.7% |
| EW Edwards Lifesciences Corp. | 0.01% | 6,061 | $560K | Add +3.3% |
| ENTG Entegris Inc. | 0.01% | 4,077 | $552K | Reduce -6.4% |
| KKR KKR & Co. Inc. | 0.01% | 5,167 | $544K | Reduce -12.5% |
| TTEK Tetra Tech Inc. | 0.01% | 2,617 | $536K | Reduce -2.1% |
| SWKS Skyworks Solutions Inc. | 0.01% | 4,962 | $529K | Add +3.3% |
| AOS Smith (a.o.) Corp. | 0.01% | 6,449 | $527K | Add +1.7% |
| ARES Ares Management Corp. Class A | 0.01% | 3,934 | $524K | Reduce -7.7% |
| AMP Ameriprise Financial Inc. | 0.01% | 1,169 | $499K | Reduce -7.7% |
| ZBRA Zebra Technologies Corp. Class A | 0.01% | 1,563 | $483K | Add +3.3% |
| BX Blackstone Inc. | 0.01% | 3,860 | $478K | Reduce -7.7% |
| A Agilent Technologies Inc. | 0.01% | 3,669 | $476K | Add +3.3% |
| FTV Fortive Corp. | 0.01% | 6,422 | $476K | Add +3.3% |
| RJF Raymond James Financial Inc. | 0.01% | 3,618 | $447K | Reduce -7.8% |
| NDAQ Nasdaq Inc. | 0.01% | 7,290 | $439K | Reduce -7.7% |
| IEX Idex Corp. | 0.01% | 2,170 | $436K | Add +3.2% |
| KEYS Keysight Technologies Inc. | 0.01% | 3,191 | $436K | Add +3.3% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 0.01% | 2,603 | $432K | Add +3.3% |
| CG The Carlyle Group Inc. | 0.01% | 10,702 | $430K | Reduce -7.8% |
| STT State Street Corp. | 0.01% | 5,165 | $382K | Reduce -7.7% |
| RVTY Revvity Inc. | 0.01% | 3,587 | $376K | Add +3.3% |
| AMG Affiliated Managers Group | 0.01% | 2,236 | $349K | Reduce -7.7% |
| APAM Artisan Partners Asset Ma -A | 0.01% | 7,625 | $315K | Reduce -7.7% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.01% | 2,532 | $292K | Reduce -7.7% |
Portfolio Sells Q1 2024 → Q2 2024
| ABBV Abbvie Inc. | Reduce -10.8% | 3.92% | −0.79 |
| MSFT Microsoft Corp. | Reduce -16.5% | 4.81% | −0.66 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −0.46 |
| AVGO Broadcom Inc. | Reduce -24.1% | 4.25% | −0.41 |
| ZM Zoom Communications Inc. | Sold out | 0.00% | −0.40 |
| PXD Pioneer Natural Resources Co. | Sold out | 0.00% | −0.37 |
| TXN Texas Instruments Inc. | Reduce -14.6% | 3.71% | −0.21 |
| HUBB Hubbell Inc. | Reduce -7.8% | 0.74% | −0.18 |
| NVDA Nvidia Corp. | Reduce -39.1% | 0.83% | −0.18 |
| NOVAQ Sunnova Energy International | Sold out | 0.00% | −0.17 |
| THRM Gentherm Inc. | Reduce -18.9% | 0.38% | −0.17 |
| IBP Installed Building Products | Reduce -1.4% | 0.52% | −0.15 |
| NEE Nextera Energy Inc. | Reduce -21.4% | 0.78% | −0.12 |
| CSIQ Canadian Solar Inc. | Reduce -1.5% | 0.32% | −0.12 |
| ITRI Itron Inc. | Reduce -21.3% | 0.59% | −0.12 |
| FSLR First Solar Inc. | Reduce -35.9% | 0.62% | −0.11 |
| SEDG Solaredge Technologies Inc. | Reduce -1.5% | 0.06% | −0.11 |
| ENPH Enphase Energy Inc. | Reduce -1.5% | 0.30% | −0.07 |
| QCOM Qualcomm Inc. | Reduce -38.4% | 0.16% | −0.06 |
| FANG Diamondback Energy Inc. | Reduce -15.3% | 0.36% | −0.06 |
| META Meta Platforms Inc. Class A | Reduce -8.8% | 0.90% | −0.06 |
| VLO Valero Energy Corp. | Reduce -2.6% | 0.41% | −0.05 |
| CNQ Canadian Natural Resources | Reduce -3.8% | 0.34% | −0.04 |
| NTES Netease Inc.-ADR | Reduce -7.5% | 0.15% | −0.03 |
| ORA Ormat Technologies Inc. | Reduce -10.9% | 0.58% | −0.03 |
| IMO Imperial Oil Ltd. | Reduce -1.6% | 0.36% | −0.01 |
| SPWRQ Sunpower Corp. | Sold out | 0.00% | −0.01 |
| SU Suncor Energy Inc. | Reduce -3.4% | 0.36% | −0.00 |
| CG The Carlyle Group Inc. | Reduce -7.8% | 0.01% | −0.00 |
| BEN Franklin Templeton Inc. | Reduce -7.8% | 0.01% | −0.00 |
| LRCX Lam Research Corp. | Reduce -8.2% | 0.98% | −0.00 |
| BX Blackstone Inc. | Reduce -7.7% | 0.01% | −0.00 |
| APAM Artisan Partners Asset Ma -A | Reduce -7.7% | 0.01% | −0.00 |
| AMP Ameriprise Financial Inc. | Reduce -7.7% | 0.01% | −0.00 |
| ENTG Entegris Inc. | Reduce -6.4% | 0.01% | −0.00 |
| NDAQ Nasdaq Inc. | Reduce -7.7% | 0.01% | −0.00 |
| RJF Raymond James Financial Inc. | Reduce -7.8% | 0.01% | −0.00 |
| AMG Affiliated Managers Group | Reduce -7.7% | 0.01% | −0.00 |
| KKR KKR & Co. Inc. | Reduce -12.5% | 0.01% | −0.00 |
| STT State Street Corp. | Reduce -7.7% | 0.01% | −0.00 |
| ARES Ares Management Corp. Class A | Reduce -7.7% | 0.01% | −0.00 |
| TROW T Rowe Price Group Inc. | Reduce -7.7% | 0.01% | −0.00 |
| CDNS Cadence Design SYS Inc. | Reduce -0.7% | 0.01% | −0.00 |
| TTEK Tetra Tech Inc. | Reduce -2.1% | 0.01% | +0.00 |
| ANET Arista Networks Inc. | Reduce -8.1% | 0.01% | +0.00 |
| MPWR Monolithic Power Systems Inc. | Reduce -1.0% | 0.01% | +0.00 |
| TER Teradyne Inc. | Reduce -3.9% | 0.01% | +0.00 |
| TPICQ Tpi Composites Inc. | Reduce -1.5% | 0.03% | +0.01 |
| AMRC Ameresco Inc. Class A | Reduce -1.5% | 0.33% | +0.05 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -16.9% | 1.40% | +0.07 |
Portfolio Buys Q1 2024 → Q2 2024
| KO The Coca-Cola Co. | Add +25.9% | 3.85% | +0.89 |
| OC Owens Corning | New | 0.63% | +0.63 |
| JNJ Johnson & Johnson | Add +30.8% | 3.82% | +0.63 |
| PEP Pepsico Inc. | Add +23.1% | 3.83% | +0.50 |
| ITW Illinois Tool Works | Add +30.7% | 3.75% | +0.48 |
| MDLZ Mondelez International Inc. Class A | Add +19.6% | 3.76% | +0.37 |
| CSCO Cisco Systems Inc. | Add +16.4% | 3.96% | +0.36 |
| BLK BlackRock Finance Inc. | Add +15.4% | 3.89% | +0.29 |
| PAYX Paychex Inc. | Add +11.4% | 3.67% | +0.23 |
| GOOGL Alphabet Inc. Class A | Add +3.8% | 0.82% | +0.16 |
| APH Amphenol Corp. Class A | Add +0.8% | 1.05% | +0.15 |
| AAPL Apple Inc. | Add +3.8% | 0.68% | +0.14 |
| AJG Arthur J Gallagher & Co. | Add +0.4% | 4.09% | +0.13 |
| CVX Chevron Corp. | Add +22.1% | 0.51% | +0.09 |
| ADBE Adobe Inc. | Add +3.8% | 0.58% | +0.07 |
| AMZN Amazon.com Inc. | Add +3.8% | 0.71% | +0.07 |
| KMI Kinder Morgan Inc. | Add +14.0% | 0.25% | +0.05 |
| PG The Procter & Gamble Co. | Add +0.4% | 3.86% | +0.05 |
| INTU Intuit Inc. | Add +3.8% | 0.85% | +0.03 |
| DVN Devon Energy Corp. | Add +17.3% | 0.29% | +0.03 |
| ROP Roper Technologies Inc. | Add +3.8% | 0.76% | +0.03 |
| DHR Danaher Corp. | Add +3.8% | 0.69% | +0.02 |
| BKR Baker Hughes Co. | Add +6.7% | 0.20% | +0.02 |
| ICE Intercontinental Exchange Inc. | Add +3.8% | 0.71% | +0.02 |
| ENB Enbridge Inc. | Add +10.3% | 0.25% | +0.02 |
| EOG EOG Resources Inc. | Add +4.3% | 0.32% | +0.01 |
| ADUS Addus Homecare Corp. | Add +3.3% | 0.01% | +0.00 |
| ZBRA Zebra Technologies Corp. Class A | Add +3.3% | 0.01% | +0.00 |
| BABA Alibaba Group Holding-SP ADR | Add +19.6% | 0.00% | +0.00 |
| RVTY Revvity Inc. | Add +3.3% | 0.01% | +0.00 |
| SWKS Skyworks Solutions Inc. | Add +3.3% | 0.01% | +0.00 |
| EW Edwards Lifesciences Corp. | Add +3.3% | 0.01% | −0.00 |
| XOM Exxon Mobil Corp. | Add +1.7% | 0.52% | −0.00 |
| JD Jd.com Inc.-ADR | Add +4.1% | 0.00% | −0.00 |
| JKHY Jack Henry & Associates Inc. | Add +3.3% | 0.01% | −0.00 |
| BIDU Baidu Inc. - Spon ADR | Add +4.4% | 0.00% | −0.00 |
| A Agilent Technologies Inc. | Add +3.3% | 0.01% | −0.00 |
| AOS Smith (a.o.) Corp. | Add +1.7% | 0.01% | −0.00 |
| KEYS Keysight Technologies Inc. | Add +3.3% | 0.01% | −0.00 |
| FTV Fortive Corp. | Add +3.3% | 0.01% | −0.00 |
| IEX Idex Corp. | Add +3.2% | 0.01% | −0.00 |
| SLB SLB Ltd. | Add +16.3% | 0.31% | −0.00 |
| ON On Semiconductor | Add +6.0% | 0.56% | −0.01 |
| TMO Thermo Fisher Scientific Inc. | Add +3.8% | 0.58% | −0.01 |
| COP Conocophillips | Add +8.8% | 0.44% | −0.01 |
| V Visa Inc. Class A | Add +3.8% | 0.71% | −0.02 |
| HAL Halliburton Co. | Add +6.0% | 0.29% | −0.03 |
| CME Cme Group Inc. | Add +9.2% | 3.82% | −0.04 |
| MA Mastercard Inc. Class A | Add +3.8% | 0.76% | −0.05 |
| PYPL PayPal Holdings Inc. | Add +3.8% | 0.56% | −0.07 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 140 | $5.9B | TXN, CSCO, AVGO, JNJ, ABBV |
| Q1 2026 | 143 | $5.8B | JNJ, AVGO, ABBV, AFL, CME |
| Q4 2025 | 146 | $6.2B | AVGO, JNJ, CME, MDT, ABBV |
| Q3 2025 | 127 | $6.3B | AVGO, MSFT, CME, MDT, ABBV |
| Q2 2025 | 103 | $5.6B | AVGO, CSCO, CME, MSFT, BLK |
| Q1 2025Amended | 103 | $5.3B | AJG, CME, CSCO, AFL, ABBV |
| Q4 2024 | 106 | $5.3B | BLK, AVGO, CSCO, AFL, CME |
| Q3 2024 | 106 | $5.3B | AFL, BLK, AVGO, ABBV, MSFT |
| Q2 2024 | 105 | $4.8B | MSFT, AVGO, AJG, AFL, EMR |
| Q1 2024 | 109 | $4.8B | MSFT, ABBV, AVGO, EMR, AJG |