J. Stern & Co. LLP
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), J. Stern & Co. LLP reported 39 stock positions worth $1.1 billion. Its top holding was Nvidia (NVDA) at 10.9% of the portfolio, followed by Amazon.com (AMZN, 7.4%) and Alphabet Class C (GOOG, 6.5%). Compared with Q3 2024, it opened 2 new positions, sold out of 6, added to 22 and reduced 9. The biggest buy was a new position in Alcon (ALC) and the biggest sale Nvidia (NVDA, shares −9%).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0002011335
- Portfolio Value
- $1.1B (Q4 2024)
- SEC Filing
- 0002011335-25-000001 ↗ filed Feb 14, 2025
Holdings Value
Holdings 39 stocks · $1.1B
| NVDA Nvidia Corp. | 10.86% | 858,753 | $115.3M | Reduce -8.7% |
| AMZN Amazon.com Inc. | 7.38% | 356,971 | $78.3M | Reduce -5.4% |
| GOOG Alphabet Inc. Class C | 6.51% | 362,751 | $69.1M | Reduce -6.0% |
| ETN Eaton Corp. PLC | 6.40% | 204,513 | $67.9M | Reduce -0.2% |
| META Meta Platforms Inc. Class A | 6.20% | 112,369 | $65.8M | Reduce -4.9% |
| MA Mastercard Inc. Class A | 6.01% | 121,185 | $63.8M | Add +5.4% |
| CRM Salesforce Inc. | 5.66% | 179,884 | $60.1M | Add +6.9% |
| HON Honeywell International Inc. | 5.09% | 239,274 | $54.0M | Add +19.5% |
| APH Amphenol Corp. Class A | 5.06% | 773,698 | $53.7M | Add +3.3% |
| ALC Alcon Inc. filed as ALCON AG | 4.08% | 510,692 | $43.3M | New |
| ICE Intercontinental Exchange Inc. | 3.86% | 275,062 | $41.0M | Add +2136.3% |
| ADBE Adobe Inc. | 3.65% | 87,106 | $38.7M | Add +6.4% |
| RTX RTX Corp. | 3.63% | 333,344 | $38.6M | Add +5.6% |
| OTIS Otis Worldwide Corp. | 3.62% | 414,566 | $38.4M | Add +5.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 3.58% | 341,755 | $38.1M | Add +6.8% |
| XYL Xylem Inc. | 3.52% | 321,747 | $37.3M | Add +5.7% |
| ABT Abbott Laboratories | 3.36% | 315,433 | $35.7M | Add +5.5% |
| ZTS Zoetis Inc. | 3.28% | 213,710 | $34.8M | Add +6.9% |
| TMO Thermo Fisher Scientific Inc. | 2.82% | 57,538 | $29.9M | Add +5.9% |
| AMT American Tower Corp. | 2.12% | 122,576 | $22.5M | Add +5.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.42% | 9,755 | $4.4M | No change |
| V Visa Inc. Class A | 0.39% | 12,957 | $4.1M | Reduce -1.0% |
| BKNG Booking Holdings Inc. | 0.29% | 627 | $3.1M | Reduce -13.2% |
| XYZ Block Inc. | 0.29% | 36,598 | $3.1M | Add +9.4% |
| LLY Eli Lilly & Co. | 0.25% | 3,485 | $2.7M | Add +23.9% |
| CDNS Cadence Design SYS Inc. | 0.24% | 8,543 | $2.6M | Add +53.4% |
| MCD McDonald's Corp. | 0.24% | 8,806 | $2.6M | Add +16.1% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.21% | 30,379 | $2.3M | Add +67.2% |
| DXCM Dexcom Inc. | 0.20% | 27,625 | $2.1M | Add +17.9% |
| LIN Linde PLC | 0.17% | 4,428 | $1.9M | Reduce -9.0% |
| IDXX Idexx Laboratories Inc. | 0.16% | 3,983 | $1.6M | Add +20.0% |
| BF.B Brown-Forman Corp. Class B | 0.14% | 39,609 | $1.5M | Add +53.8% |
| AAAU Goldman Sachs Physical Gold | 0.10% | 42,415 | $1.1M | No change |
| GOOGL Alphabet Inc. Class A | 0.08% | 4,226 | $800K | Reduce -7.5% |
| AMAT Applied Materials Inc. | 0.04% | 2,800 | $455K | New |
| NOC Northrop Grumman Corp. | 0.03% | 740 | $347K | No change |
| LMT Lockheed Martin Corp. | 0.03% | 705 | $343K | No change |
| DKNG Draftkings Inc. Class A | 0.02% | 5,308 | $197K | No change |
| WBX Wallbox NV | 0.00% | 50,000 | $25K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| NVDA Nvidia Corp. | Reduce -8.7% | 10.86% | −1.31 |
| META Meta Platforms Inc. Class A | Reduce -4.9% | 6.20% | −1.01 |
| ETN Eaton Corp. PLC | Reduce -0.2% | 6.40% | −0.84 |
| GOOG Alphabet Inc. Class C | Reduce -6.0% | 6.51% | −0.37 |
| AMZN Amazon.com Inc. | Reduce -5.4% | 7.38% | −0.12 |
| LIN Linde PLC | Reduce -9.0% | 0.17% | −0.07 |
| BKNG Booking Holdings Inc. | Reduce -13.2% | 0.29% | −0.03 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −0.01 |
| BDX Becton Dickinson and Co. | Sold out | 0.00% | −0.01 |
| ASML ASML Holding NV-NY Reg SHS | Sold out | 0.00% | −0.01 |
| GOOGL Alphabet Inc. Class A | Reduce -7.5% | 0.08% | −0.01 |
| SLB SLB Ltd. | Sold out | 0.00% | −0.01 |
| FIS Fidelity National Info Serv | Sold out | 0.00% | −0.00 |
| MDT Medtronic PLC | Sold out | 0.00% | −0.00 |
| V Visa Inc. Class A | Reduce -1.0% | 0.39% | +0.00 |
Portfolio Buys Q3 2024 → Q4 2024
| ALC Alcon Inc. | New | 4.08% | +4.08 |
| ICE Intercontinental Exchange Inc. | Add +2136.3% | 3.86% | +3.65 |
| CRM Salesforce Inc. | Add +6.9% | 5.66% | +0.76 |
| HON Honeywell International Inc. | Add +19.5% | 5.09% | +0.68 |
| DIS The Walt Disney Co. | Add +6.8% | 3.58% | +0.30 |
| CDNS Cadence Design SYS Inc. | Add +53.4% | 0.24% | +0.08 |
| XYZ Block Inc. | Add +9.4% | 0.29% | +0.05 |
| AMAT Applied Materials Inc. | New | 0.04% | +0.04 |
| DXCM Dexcom Inc. | Add +17.9% | 0.20% | +0.03 |
| EL Estee Lauder Companies Class A | Add +67.2% | 0.21% | +0.02 |
| BF.B Brown-Forman Corp. Class B | Add +53.8% | 0.14% | +0.01 |
| MCD McDonald's Corp. | Add +16.1% | 0.24% | −0.01 |
| LLY Eli Lilly & Co. | Add +23.9% | 0.25% | −0.01 |
| IDXX Idexx Laboratories Inc. | Add +20.0% | 0.16% | −0.02 |
| MA Mastercard Inc. Class A | Add +5.4% | 6.01% | −0.04 |
| APH Amphenol Corp. Class A | Add +3.3% | 5.06% | −0.14 |
| ABT Abbott Laboratories | Add +5.5% | 3.36% | −0.27 |
| RTX RTX Corp. | Add +5.6% | 3.63% | −0.44 |
| OTIS Otis Worldwide Corp. | Add +5.8% | 3.62% | −0.72 |
| TMO Thermo Fisher Scientific Inc. | Add +5.9% | 2.82% | −0.76 |
| AMT American Tower Corp. | Add +5.3% | 2.12% | −0.77 |
| XYL Xylem Inc. | Add +5.7% | 3.52% | −0.86 |
| ADBE Adobe Inc. | Add +6.4% | 3.65% | −0.87 |
| ZTS Zoetis Inc. | Add +6.9% | 3.28% | −0.88 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 51 | $1.1B | NVDA, GOOG, APH, AMZN, ETN |
| Q1 2026 | 49 | $1.0B | NVDA, GOOG, AMZN, APH, HON |
| Q4 2025Amended | 43 | $1.2B | NVDA, GOOG, AMZN, APH, MA |
| Q3 2025 | 42 | $1.3B | NVDA, APH, META, GOOG, AMZN |
| Q2 2025 | 37 | $1.2B | NVDA, META, AMZN, APH, ETN |
| Q1 2025 | 36 | $1.0B | NVDA, AMZN, MA, META, GOOG |
| Q4 2024 | 39 | $1.1B | NVDA, AMZN, GOOG, ETN, META |
| Q3 2024 | 43 | $938.4M | NVDA, AMZN, ETN, META, GOOG |
| Q2 2024 | 34 | $839.9M | NVDA, AMZN, GOOG, ETN, META |
| Q1 2024 | 37 | $790.8M | NVDA, ETN, AMZN, GOOG, META |