Intermede Investment Partners Ltd
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 9, 2026), Intermede Investment Partners Ltd reported 31 stock positions worth $2.4 billion. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 8.4% of the portfolio, followed by Apple (AAPL, 8.0%) and Alphabet Class C (GOOG, 6.8%). Compared with Q3 2025, it opened 4 new positions, sold out of 4, added to 6 and reduced 21. The biggest buy was a new position in Cme (CME) and the biggest sale an exit from MSCI (MSCI).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001664713
- Portfolio Value
- $2.4B (Q4 2025)
- SEC Filing
- 0001664713-26-000001 ↗ filed Feb 9, 2026
Holdings Value
Holdings 31 stocks · $2.4B
| TSM Taiwan Semiconductor-SP ADR | 8.37% | 670,538 | $203.8M | Reduce -3.9% |
| AAPL Apple Inc. | 7.99% | 715,082 | $194.4M | Reduce -4.8% |
| GOOG Alphabet Inc. Class C | 6.84% | 530,769 | $166.6M | Reduce -4.9% |
| LIN Linde PLC | 4.95% | 282,714 | $120.5M | Add +27.6% |
| AMAZON COM INC | 4.73% | 499,139 | $115.2M | Reduce -7.4% |
| META Meta Platforms Inc. Class A | 4.67% | 172,152 | $113.6M | Add +5.5% |
| MA Mastercard Inc. Class A | 4.55% | 193,782 | $110.6M | Reduce -4.8% |
| SCHW Schwab (charles) Corp. | 4.14% | 1,008,412 | $100.8M | Reduce -4.8% |
| COF Capital One Financial Corp. | 3.68% | 369,497 | $89.6M | Reduce -4.7% |
| TDG Transdigm Group Inc. | 3.53% | 64,676 | $86.0M | Reduce -4.7% |
| ABNB Airbnb Inc. Class A | 3.31% | 593,646 | $80.6M | Reduce -4.8% |
| CME Cme Group Inc. | 3.20% | 284,959 | $77.8M | New |
| TCOM Trip.com Group Ltd.-ADR | 3.15% | 1,065,153 | $76.6M | Reduce -3.8% |
| AVGO Broadcom Inc. | 3.14% | 220,777 | $76.4M | Reduce -4.8% |
| UBER Uber Technologies Inc. | 3.10% | 922,397 | $75.4M | Reduce -4.8% |
| HDB HDFC Bank Ltd.-ADR | 2.93% | 1,953,685 | $71.4M | Reduce -0.1% |
| EFX Equifax Inc. | 2.73% | 306,009 | $66.4M | Reduce -4.8% |
| AMAT Applied Materials Inc. | 2.68% | 254,050 | $65.3M | Reduce -26.6% |
| VRTX Vertex Pharmaceuticals Inc. | 2.48% | 133,378 | $60.5M | Reduce -4.8% |
| DXCM Dexcom Inc. | 2.48% | 909,307 | $60.4M | New |
| CMG Chipotle Mexican Grill Inc. | 2.42% | 1,593,476 | $59.0M | Add +19.4% |
| BKR Baker Hughes Co. | 2.34% | 1,251,453 | $57.0M | Reduce -4.8% |
| UNH Unitedhealth Group Inc. | 2.24% | 164,960 | $54.5M | Reduce -25.4% |
| WM Waste Management Inc. | 2.12% | 234,749 | $51.6M | New |
| INTU Intuit Inc. | 2.09% | 76,847 | $50.9M | New |
| SNPS Synopsys Inc. | 1.85% | 96,105 | $45.1M | Reduce -4.7% |
| VRT Vertiv Holdings Co. Class A | 1.57% | 236,210 | $38.3M | Reduce -30.4% |
| DHR Danaher Corp. | 1.46% | 155,305 | $35.6M | Reduce -36.2% |
| SE Sea Ltd.-ADR | 0.52% | 99,522 | $12.7M | Add +0.4% |
| GRAB Grab Holdings Ltd. Class A | 0.38% | 1,854,024 | $9.3M | Add +0.4% |
| AON Aon PLC Class A | 0.34% | 23,160 | $8.2M | Add +0.4% |
Portfolio Sells Q3 2025 → Q4 2025
| MSCI MSCI Inc. | Sold out | 0.00% | −2.67 |
| COO Cooper Cos Inc. | Sold out | 0.00% | −2.58 |
| CRM Salesforce Inc. | Sold out | 0.00% | −2.40 |
| UNH Unitedhealth Group Inc. | Reduce -25.4% | 2.24% | −0.90 |
| UBER Uber Technologies Inc. | Reduce -4.8% | 3.10% | −0.80 |
| EFX Equifax Inc. | Reduce -4.8% | 2.73% | −0.66 |
| VRT Vertiv Holdings Co. Class A | Reduce -30.4% | 1.57% | −0.53 |
| DHR Danaher Corp. | Reduce -36.2% | 1.46% | −0.52 |
| DOX Amdocs Ltd. | Sold out | 0.00% | −0.34 |
| BKR Baker Hughes Co. | Reduce -4.8% | 2.34% | −0.29 |
| TCOM Trip.com Group Ltd.-ADR | Reduce -3.8% | 3.15% | −0.27 |
| AMAT Applied Materials Inc. | Reduce -26.6% | 2.68% | −0.23 |
| MA Mastercard Inc. Class A | Reduce -4.8% | 4.55% | −0.21 |
| SNPS Synopsys Inc. | Reduce -4.7% | 1.85% | −0.19 |
| TDG Transdigm Group Inc. | Reduce -4.7% | 3.53% | −0.14 |
| AMAZON COM INC | Reduce -7.4% | 4.73% | −0.13 |
| SCHW Schwab (charles) Corp. | Reduce -4.8% | 4.14% | −0.01 |
| AVGO Broadcom Inc. | Reduce -4.8% | 3.14% | −0.00 |
| AAPL Apple Inc. | Reduce -4.8% | 7.99% | +0.13 |
| HDB HDFC Bank Ltd.-ADR | Reduce -0.1% | 2.93% | +0.19 |
| ABNB Airbnb Inc. Class A | Reduce -4.8% | 3.31% | +0.20 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -4.8% | 2.48% | +0.23 |
| COF Capital One Financial Corp. | Reduce -4.7% | 3.68% | +0.29 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -3.9% | 8.37% | +0.37 |
| GOOG Alphabet Inc. Class C | Reduce -4.9% | 6.84% | +1.26 |
Portfolio Buys Q3 2025 → Q4 2025
| CME Cme Group Inc. | New | 3.20% | +3.20 |
| DXCM Dexcom Inc. | New | 2.48% | +2.48 |
| WM Waste Management Inc. | New | 2.12% | +2.12 |
| INTU Intuit Inc. | New | 2.09% | +2.09 |
| LIN Linde PLC | Add +27.6% | 4.95% | +0.63 |
| CMG Chipotle Mexican Grill Inc. | Add +19.4% | 2.42% | +0.27 |
| AON Aon PLC Class A | Add +0.4% | 0.34% | −0.00 |
| GRAB Grab Holdings Ltd. Class A | Add +0.4% | 0.38% | −0.08 |
| SE Sea Ltd.-ADR | Add +0.4% | 0.52% | −0.21 |
| META Meta Platforms Inc. Class A | Add +5.5% | 4.67% | −0.26 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 30 | $2.4B | TSM, NVDA, AAPL, GOOG, AMAZON COM INC |
| Q1 2026 | 28 | $2.2B | TSM, AAPL, NVDA, GOOG, LIN |
| Q4 2025 | 31 | $2.4B | TSM, AAPL, GOOG, LIN, AMAZON COM INC |
| Q3 2025 | 31 | $2.4B | TSM, AAPL, GOOG, META, AMAZON COM INC |
| Q2 2025 | 30 | $3.2B | TSM, AAPL, GOOG, META, MA |
| Q1 2025 | 32 | $3.2B | AAPL, TSM, AMAZON COM INC, LIN, MA |
| Q4 2024 | 33 | $3.7B | MSFT, TSM, GOOG, AMAZON COM INC, MA |
| Q3 2024 | 33 | $4.8B | MSFT, GOOG, TSM, LIN, AMAZON COM INC |
| Q2 2024 | 33 | $4.7B | MSFT, TSM, LIN, GOOG, AMAZON COM INC |
| Q1 2024 | 32 | $4.9B | MSFT, LIN, GOOG, AMAZON COM INC, TSM |