J. Stern & Co. LLP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), J. Stern & Co. LLP reported 37 stock positions worth $1.2 billion. Its top holding was Nvidia (NVDA) at 11.5% of the portfolio, followed by Meta Platforms Class A (META, 7.2%) and Amazon.com (AMZN, 7.0%). Compared with Q1 2025, it opened 2 new positions, sold out of 1, added to 25 and reduced 5. The biggest buy was Nvidia (NVDA, shares +3%) and the biggest sale Zoetis (ZTS, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0002011335
- Portfolio Value
- $1.2B (Q2 2025)
- SEC Filing
- 0002011335-25-000003 ↗ filed Aug 14, 2025
Holdings Value
Holdings 37 stocks · $1.2B
| NVDA Nvidia Corp. | 11.54% | 966,556 | $135.1M | Add +3.1% |
| META Meta Platforms Inc. Class A | 7.22% | 127,476 | $84.6M | Add +3.3% |
| AMZN Amazon.com Inc. | 7.04% | 399,162 | $82.4M | Add +3.0% |
| APH Amphenol Corp. Class A | 6.68% | 871,809 | $78.2M | Add +3.2% |
| ETN Eaton Corp. PLC | 6.57% | 231,164 | $76.9M | Add +3.1% |
| MA Mastercard Inc. Class A | 6.46% | 134,351 | $75.6M | Add +3.0% |
| GOOG Alphabet Inc. Class C | 5.94% | 404,199 | $69.5M | Add +2.7% |
| HON Honeywell International Inc. | 5.10% | 264,375 | $59.7M | Add +0.6% |
| CRM Salesforce Inc. | 4.75% | 203,767 | $55.6M | Add +3.0% |
| ICE Intercontinental Exchange Inc. | 4.36% | 285,546 | $51.0M | Add +3.0% |
| RTX RTX Corp. | 4.28% | 366,888 | $50.1M | Add +0.7% |
| ABT Abbott Laboratories | 4.00% | 351,707 | $46.8M | Add +3.2% |
| OTIS Otis Worldwide Corp. | 3.81% | 456,843 | $44.6M | Add +2.9% |
| XYL Xylem Inc. | 3.76% | 350,900 | $44.1M | Add +2.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 3.72% | 382,052 | $43.6M | Add +1.4% |
| ADBE Adobe Inc. | 3.35% | 97,901 | $39.3M | Add +1.3% |
| ZTS Zoetis Inc. | 2.86% | 208,959 | $33.5M | Reduce -0.1% |
| AMT American Tower Corp. | 2.52% | 137,189 | $29.5M | Add +1.3% |
| TMO Thermo Fisher Scientific Inc. | 2.14% | 63,153 | $25.1M | Add +2.6% |
| V Visa Inc. Class A | 0.42% | 14,057 | $5.0M | Add +4.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.42% | 9,755 | $4.9M | No change |
| BKNG Booking Holdings Inc. | 0.36% | 788 | $4.2M | Add +4.5% |
| CDNS Cadence Design SYS Inc. | 0.34% | 12,578 | $4.0M | Reduce -6.2% |
| MCD McDonald's Corp. | 0.31% | 11,353 | $3.6M | Reduce -6.0% |
| DXCM Dexcom Inc. | 0.29% | 40,048 | $3.4M | Add +6.3% |
| XYZ Block Inc. | 0.27% | 54,506 | $3.2M | Reduce -5.9% |
| LLY Eli Lilly & Co. | 0.26% | 4,201 | $3.0M | Add +3.8% |
| LRCX Lam Research Corp. | 0.25% | 35,475 | $2.9M | New |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.24% | 43,604 | $2.8M | Add +5.5% |
| Intuitive Surgical Inc | 0.23% | 5,078 | $2.7M | Add +6.4% |
| IDXX Idexx Laboratories Inc. | 0.21% | 4,954 | $2.5M | Add +6.4% |
| AAAU Goldman Sachs Physical Gold | 0.12% | 42,415 | $1.4M | No change |
| BF.B Brown-Forman Corp. Class B | 0.06% | 20,527 | $697K | Reduce -47.5% |
| GOOGL Alphabet Inc. Class A | 0.06% | 4,026 | $678K | No change |
| NOC Northrop Grumman Corp. | 0.03% | 740 | $349K | No change |
| LMT Lockheed Martin Corp. | 0.03% | 705 | $331K | No change |
| WBX Wallbox NV | 0.00% | 50,000 | $16K | New |
Portfolio Sells Q1 2025 → Q2 2025
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +3.1% | 11.54% | +1.80 |
| APH Amphenol Corp. Class A | Add +3.2% | 6.68% | +1.37 |
| ETN Eaton Corp. PLC | Add +3.1% | 6.57% | +0.73 |
| META Meta Platforms Inc. Class A | Add +3.3% | 7.22% | +0.40 |
| LRCX Lam Research Corp. | New | 0.25% | +0.25 |
| DIS The Walt Disney Co. | Add +1.4% | 3.72% | +0.16 |
| GOOG Alphabet Inc. Class C | Add +2.7% | 5.94% | +0.05 |
| DXCM Dexcom Inc. | Add +6.3% | 0.29% | +0.04 |
| BKNG Booking Holdings Inc. | Add +4.5% | 0.36% | +0.03 |
| IDXX Idexx Laboratories Inc. | Add +6.4% | 0.21% | +0.02 |
| Intuitive Surgical Inc | Add +6.4% | 0.23% | +0.01 |
| WBX Wallbox NV | New | 0.00% | +0.00 |
| EL Estee Lauder Companies Class A | Add +5.5% | 0.24% | −0.02 |
| AMZN Amazon.com Inc. | Add +3.0% | 7.04% | −0.03 |
| V Visa Inc. Class A | Add +4.4% | 0.42% | −0.03 |
| LLY Eli Lilly & Co. | Add +3.8% | 0.26% | −0.06 |
| XYL Xylem Inc. | Add +2.3% | 3.76% | −0.16 |
| ADBE Adobe Inc. | Add +1.3% | 3.35% | −0.20 |
| ICE Intercontinental Exchange Inc. | Add +3.0% | 4.36% | −0.22 |
| HON Honeywell International Inc. | Add +0.6% | 5.10% | −0.24 |
| AMT American Tower Corp. | Add +1.3% | 2.52% | −0.30 |
| ABT Abbott Laboratories | Add +3.2% | 4.00% | −0.34 |
| CRM Salesforce Inc. | Add +3.0% | 4.75% | −0.34 |
| RTX RTX Corp. | Add +0.7% | 4.28% | −0.35 |
| MA Mastercard Inc. Class A | Add +3.0% | 6.46% | −0.39 |
| OTIS Otis Worldwide Corp. | Add +2.9% | 3.81% | −0.58 |
| TMO Thermo Fisher Scientific Inc. | Add +2.6% | 2.14% | −0.79 |
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 |