Rathbones Group PLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Rathbones Group PLC reported 638 stock positions worth $24.6 billion. Its top holding was Microsoft (MSFT) at 7.3% of the portfolio, followed by Amazon.com (AMZN, 4.9%) and Visa Class A (V, 4.6%). Compared with Q2 2025, it opened 43 new positions, sold out of 32, added to 191 and reduced 256. The biggest buy was Nvidia (NVDA, shares +11%) and the biggest sale Visa Class A (V, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- Liverpool, X0
- CIK
- 0001351991
- Portfolio Value
- $24.6B (Q3 2025)
- SEC Filing
- 0001140361-25-041771 ↗ filed Nov 13, 2025
Holdings Value
Holdings 638 stocks · $24.6B
| MSFT Microsoft Corp. | 7.34% | 3,492,242 | $1.8B | Reduce -0.4% |
| AMZN Amazon.com Inc. | 4.88% | 5,478,001 | $1.2B | Add +0.4% |
| V Visa Inc. Class A | 4.59% | 3,310,079 | $1.1B | Reduce -3.4% |
| GOOGL Alphabet Inc. Class A | 4.59% | 4,646,586 | $1.1B | Reduce -2.1% |
| NVDA Nvidia Corp. | 4.27% | 5,635,294 | $1.1B | Add +11.3% |
| JPM JPMorgan Chase & Co. | 3.54% | 2,763,395 | $871.7M | Reduce -0.3% |
| AAPL Apple Inc. | 3.24% | 3,132,050 | $797.5M | Add +7.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.00% | 981,416 | $493.4M | Reduce -6.8% |
| META Meta Platforms Inc. Class A | 1.92% | 644,191 | $473.1M | Add +16.9% |
| GOOG Alphabet Inc. Class C | 1.89% | 1,907,557 | $464.6M | Reduce -4.4% |
| TMO Thermo Fisher Scientific Inc. | 1.86% | 942,391 | $457.1M | Add +4.1% |
| ABT Abbott Laboratories | 1.64% | 3,008,738 | $403.0M | Add +4.6% |
| KO The Coca-Cola Co. | 1.55% | 5,752,319 | $381.5M | Add +0.8% |
| APH Amphenol Corp. Class A | 1.49% | 2,968,161 | $367.3M | Reduce -9.6% |
| MA Mastercard Inc. Class A | 1.25% | 539,230 | $306.7M | Reduce -4.2% |
| SPGI S&P Global Inc. | 1.23% | 624,719 | $304.1M | Add +1.9% |
| CRH CRH PLC | 1.22% | 2,513,659 | $301.2M | Add +27.8% |
| BKNG Booking Holdings Inc. | 1.18% | 53,866 | $290.8M | Reduce -0.2% |
| LIN Linde PLC | 1.13% | 584,563 | $277.7M | Add +0.1% |
| ACN Accenture PLC Class A | 1.11% | 1,105,760 | $272.7M | Reduce -16.3% |
| CME Cme Group Inc. | 1.08% | 988,928 | $267.2M | Add +5.5% |
| TSM Taiwan Semiconductor-SP ADR | 1.07% | 941,576 | $263.0M | Add +6.0% |
| LLY Eli Lilly & Co. | 1.05% | 339,938 | $259.4M | Add +23.6% |
| MRSH Marsh & McLennan Cos | 1.03% | 1,264,247 | $254.8M | Add +27.6% |
| COST Costco Wholesale Corp. | 1.01% | 268,789 | $248.8M | Reduce -2.7% |
| HD Home Depot Inc. | 0.96% | 582,821 | $236.2M | Add +0.9% |
| BSX Boston Scientific Corp. | 0.90% | 2,281,977 | $222.8M | Add +1.4% |
| AVGO Broadcom Inc. | 0.89% | 667,398 | $220.2M | Add +581.7% |
| GS Goldman Sachs Group Inc. | 0.89% | 276,364 | $220.1M | Add +12.6% |
| SHOP Shopify Inc. Class A | 0.89% | 1,478,608 | $219.7M | Reduce -6.3% |
| INTU Intuit Inc. | 0.89% | 321,555 | $219.6M | Add +2.5% |
| PG The Procter & Gamble Co. | 0.88% | 1,412,012 | $217.0M | Reduce -0.3% |
| ISRG Intuitive Surgical Inc. | 0.84% | 462,292 | $206.8M | Add +0.4% |
| CDNS Cadence Design SYS Inc. | 0.80% | 559,949 | $196.7M | Reduce -0.3% |
| CRM Salesforce Inc. | 0.77% | 801,693 | $190.0M | Add +15.3% |
| FERG Ferguson Enterprises Inc. | 0.74% | 812,323 | $182.4M | Reduce -5.6% |
| PANW Palo Alto Networks Inc. | 0.72% | 868,983 | $176.9M | Add +1.1% |
| EQIX Equinix Inc. | 0.70% | 218,956 | $171.5M | Add +3.9% |
| ORLY O'reilly Automotive Inc. | 0.66% | 1,500,251 | $161.7M | Reduce -0.3% |
| WMT Walmart Inc. | 0.62% | 1,481,608 | $152.7M | Add +0.1% |
| ADBE Adobe Inc. | 0.61% | 428,232 | $151.1M | Reduce -30.4% |
| JNJ Johnson & Johnson | 0.60% | 801,879 | $148.7M | Reduce -5.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.60% | 1,020,903 | $147.6M | Add +2.0% |
| DE Deere & Co. | 0.58% | 310,639 | $142.0M | Add +4.5% |
| RTX RTX Corp. | 0.57% | 838,701 | $140.3M | Reduce -20.6% |
| NOW ServiceNow Inc. | 0.55% | 148,500 | $136.7M | Reduce -2.7% |
| CTAS Cintas Corp. | 0.52% | 624,181 | $128.1M | Reduce 0.0% |
| MLM Martin Marietta Materials | 0.52% | 202,076 | $127.4M | Reduce 0.0% |
| MS Morgan Stanley | 0.50% | 771,919 | $122.7M | Add +1.2% |
| CP Canadian Pacific Kansas City | 0.49% | 1,633,612 | $121.7M | Reduce -1.1% |
| UBER Uber Technologies Inc. | 0.49% | 1,225,729 | $120.1M | Add +14.2% |
| APTV Aptiv PLC | 0.48% | 1,365,739 | $117.8M | Reduce -1.3% |
| WCN Waste Connections Inc. | 0.47% | 661,576 | $116.3M | Add +2.4% |
| RCL Royal Caribbean Cruises Ltd. | 0.47% | 355,631 | $115.1M | Reduce -0.1% |
| ROL Rollins Inc. | 0.47% | 1,958,117 | $115.0M | No change |
| CVX Chevron Corp. | 0.47% | 740,376 | $115.0M | Reduce -0.9% |
| FWONK Liberty Media Corp. Class C | 0.44% | 1,046,021 | $109.3M | No change |
| MDLZ Mondelez International Inc. Class A | 0.44% | 1,745,502 | $109.0M | Reduce -1.3% |
| MCD McDonald's Corp. | 0.44% | 353,145 | $107.3M | Add +16.1% |
| KKR KKR & Co. Inc. | 0.43% | 814,372 | $105.8M | Add +10.7% |
| BR Broadridge Financial Solutio | 0.42% | 431,446 | $102.8M | Reduce -0.0% |
| LMT Lockheed Martin Corp. | 0.41% | 201,193 | $100.4M | Reduce -0.2% |
| ICE Intercontinental Exchange Inc. | 0.40% | 589,217 | $99.3M | Add +4.4% |
| CAT Caterpillar Inc. | 0.39% | 199,111 | $95.0M | Reduce -12.6% |
| SHW The Sherwin-Williams Co. | 0.39% | 273,841 | $94.8M | Add +2.5% |
| HON Honeywell International Inc. | 0.38% | 450,076 | $94.7M | Reduce -4.6% |
| CB Chubb Ltd. | 0.38% | 332,921 | $94.0M | Reduce -0.0% |
| USB US Bancorp | 0.37% | 1,891,842 | $91.4M | Reduce -0.3% |
| WM Waste Management Inc. | 0.37% | 411,118 | $90.8M | Add +5.4% |
| XOM Exxon Mobil Corp. | 0.36% | 786,320 | $88.7M | Add +11.6% |
| NFLX Netflix Inc. | 0.35% | 71,749 | $86.0M | Add +8.6% |
| PH Parker Hannifin Corp. | 0.35% | 113,345 | $85.9M | Add +32.9% |
| WEC WEC Energy Group Inc. | 0.35% | 748,935 | $85.8M | Add +2.3% |
| HDB HDFC Bank Ltd.-ADR | 0.35% | 2,490,530 | $85.1M | Add +329.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.34% | 736,197 | $84.3M | Reduce -20.4% |
| BAH Booz Allen Hamilton Holdings | 0.32% | 799,265 | $79.9M | Add +21.8% |
| AMT American Tower Corp. | 0.32% | 412,788 | $79.4M | Add +8.3% |
| ECL Ecolab Inc. | 0.32% | 289,572 | $79.3M | Add +3.9% |
| GWRE Guidewire Software Inc. | 0.32% | 344,564 | $79.2M | Reduce -0.0% |
| ZTS Zoetis Inc. | 0.32% | 532,064 | $77.9M | Add +5.5% |
| IDXX Idexx Laboratories Inc. | 0.30% | 117,569 | $75.1M | Reduce -14.3% |
| BRO Brown & Brown Inc. | 0.30% | 794,703 | $74.5M | Add +34.8% |
| GLD SPDR Gold Shares | 0.30% | 205,882 | $73.2M | Reduce -0.9% |
| MSI Motorola Solutions Inc. | 0.30% | 159,566 | $73.0M | Add +3.5% |
| ROP Roper Technologies Inc. | 0.28% | 138,810 | $69.2M | Reduce -4.0% |
| CBRE CBRE Group Inc. Class A | 0.28% | 434,466 | $68.5M | Add +30.8% |
| BLK BlackRock Inc. | 0.27% | 56,715 | $66.1M | Reduce -2.2% |
| VOO Vanguard S&P 500 ETF | 0.26% | 104,431 | $64.0M | Add +1.2% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.25% | 1,817,258 | $62.5M | Reduce -3.5% |
| DHR Danaher Corp. | 0.23% | 279,470 | $55.4M | Reduce -19.6% |
| FCX Freeport-McMoran Inc. | 0.22% | 1,400,862 | $54.9M | Reduce -0.3% |
| XYL Xylem Inc. | 0.22% | 369,965 | $54.6M | Reduce -10.0% |
| ULTA Ulta Beauty Inc. | 0.22% | 97,214 | $53.2M | Reduce -31.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.20% | 75,171 | $50.1M | Reduce -2.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.19% | 926,992 | $47.8M | Reduce -7.8% |
| GE General Electric filed as GE AEROSPACE | 0.19% | 158,147 | $47.6M | Add +6.1% |
| TXN Texas Instruments Inc. | 0.19% | 253,398 | $46.6M | Reduce -2.9% |
| RY Royal Bank of Canada | 0.18% | 298,232 | $44.0M | Add +20.3% |
| CCJ Cameco Corp. | 0.18% | 520,202 | $43.7M | Add +8.7% |
| MCK McKesson Corp. | 0.17% | 55,769 | $43.1M | Add +1.1% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $8K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | 108,327 | $8K | Reduce -7.7% |
Total filed on the 13F, all lines: $24.6B.
Portfolio Sells Q2 2025 → Q3 2025
| V Visa Inc. Class A | Reduce -3.4% | 4.59% | −0.66 |
| ACN Accenture PLC Class A | Reduce -16.3% | 1.11% | −0.59 |
| ADBE Adobe Inc. | Reduce -30.4% | 0.61% | −0.41 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.36 |
| DXCM Dexcom Inc. | Reduce -79.9% | 0.04% | −0.22 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -6.8% | 2.00% | −0.20 |
| MSFT Microsoft Corp. | Reduce -0.4% | 7.34% | −0.18 |
| COST Costco Wholesale Corp. | Reduce -2.7% | 1.01% | −0.17 |
| BKNG Booking Holdings Inc. | Reduce -0.2% | 1.18% | −0.17 |
| DIS The Walt Disney Co. | Reduce -20.4% | 0.34% | −0.15 |
| MRVL Marvell Technology Inc. | Reduce -53.5% | 0.13% | −0.15 |
| NOW ServiceNow Inc. | Reduce -2.7% | 0.55% | −0.12 |
| MA Mastercard Inc. Class A | Reduce -4.2% | 1.25% | −0.12 |
| RTX RTX Corp. | Reduce -20.6% | 0.57% | −0.10 |
| PG The Procter & Gamble Co. | Reduce -0.3% | 0.88% | −0.09 |
| HON Honeywell International Inc. | Reduce -4.6% | 0.38% | −0.09 |
| CTAS Cintas Corp. | Reduce 0.0% | 0.52% | −0.08 |
| ROP Roper Technologies Inc. | Reduce -4.0% | 0.28% | −0.07 |
| MDLZ Mondelez International Inc. Class A | Reduce -1.3% | 0.44% | −0.07 |
| DHR Danaher Corp. | Reduce -19.6% | 0.23% | −0.07 |
| ULTA Ulta Beauty Inc. | Reduce -31.6% | 0.22% | −0.07 |
| CP Canadian Pacific Kansas City | Reduce -1.1% | 0.49% | −0.07 |
| FERG Ferguson Enterprises Inc. | Reduce -5.6% | 0.74% | −0.07 |
| MSCI MSCI Inc. | Reduce -60.4% | 0.04% | −0.07 |
| WMS Advanced Drainage Systems Inc. | Reduce -47.1% | 0.09% | −0.06 |
| OTIS Otis Worldwide Corp. | Reduce -13.0% | 0.16% | −0.05 |
| TXN Texas Instruments Inc. | Reduce -2.9% | 0.19% | −0.04 |
| NEE Nextera Energy Inc. | Reduce -27.5% | 0.12% | −0.04 |
| PEP Pepsico Inc. | Reduce -22.1% | 0.15% | −0.04 |
| FCX Freeport-McMoran Inc. | Reduce -0.3% | 0.22% | −0.04 |
| BR Broadridge Financial Solutio | Reduce -0.0% | 0.42% | −0.04 |
| CB Chubb Ltd. | Reduce -0.0% | 0.38% | −0.03 |
| MU Micron Technology Inc. | Reduce -72.7% | 0.02% | −0.03 |
| GWRE Guidewire Software Inc. | Reduce -0.0% | 0.32% | −0.03 |
| COO The Cooper Cos Inc. | Reduce -5.3% | 0.17% | −0.03 |
| AXON Axon Enterprise Inc. | Reduce -3.8% | 0.10% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -14.3% | 0.14% | −0.02 |
| TRI Thomson Reuters Corp. | Reduce -0.3% | 0.06% | −0.02 |
| CL Colgate-Palmolive Co. | Reduce -12.0% | 0.06% | −0.02 |
| SLB SLB Ltd. | Reduce -3.5% | 0.25% | −0.02 |
| TT Trane Technologies PLC | Reduce -3.7% | 0.11% | −0.02 |
| NKE Nike Inc. Class B | Reduce -8.4% | 0.09% | −0.02 |
| EW Edwards Lifesciences Corp. | Reduce -31.6% | 0.03% | −0.02 |
| JCI Johnson Controls Internation | Reduce -9.3% | 0.12% | −0.01 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -0.1% | 0.47% | −0.01 |
| IDXX Idexx Laboratories Inc. | Reduce -14.3% | 0.30% | −0.01 |
| BCC Boise Cascade Co. | Reduce -40.2% | 0.01% | −0.01 |
| BDX Becton Dickinson and Co. | Reduce -26.0% | 0.03% | −0.01 |
| BAC Bank of America Corp. | Reduce -7.8% | 0.19% | −0.01 |
| BMI Badger Meter Inc. | Reduce -4.6% | 0.02% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| NVDA Nvidia Corp. | Add +11.3% | 4.27% | +0.82 |
| AVGO Broadcom Inc. | Add +581.7% | 0.89% | +0.78 |
| AAPL Apple Inc. | Add +7.7% | 3.24% | +0.67 |
| CRH CRH PLC | Add +27.8% | 1.22% | +0.44 |
| TMO Thermo Fisher Scientific Inc. | Add +4.1% | 1.86% | +0.27 |
| HDB HDFC Bank Ltd.-ADR | Add +329.1% | 0.35% | +0.25 |
| TSM Taiwan Semiconductor-SP ADR | Add +6.0% | 1.07% | +0.20 |
| META Meta Platforms Inc. Class A | Add +16.9% | 1.92% | +0.17 |
| GS Goldman Sachs Group Inc. | Add +12.6% | 0.89% | +0.14 |
| LLY Eli Lilly & Co. | Add +23.6% | 1.05% | +0.13 |
| BJ Bj's Wholesale Club Holdings | Add +872.0% | 0.13% | +0.11 |
| MRSH Marsh & McLennan Cos | Add +27.6% | 1.03% | +0.10 |
| PH Parker Hannifin Corp. | Add +32.9% | 0.35% | +0.09 |
| CBRE CBRE Group Inc. Class A | Add +30.8% | 0.28% | +0.08 |
| ORCL Oracle Corp. | Add +269.7% | 0.10% | +0.08 |
| TJX TJX Companies Inc. | Add +2.0% | 0.60% | +0.07 |
| UBER Uber Technologies Inc. | Add +14.2% | 0.49% | +0.06 |
| MCD McDonald's Corp. | Add +16.1% | 0.44% | +0.05 |
| HD Home Depot Inc. | Add +0.9% | 0.96% | +0.05 |
| RY Royal Bank of Canada | Add +20.3% | 0.18% | +0.04 |
| MS Morgan Stanley | Add +1.2% | 0.50% | +0.03 |
| XOM Exxon Mobil Corp. | Add +11.6% | 0.36% | +0.03 |
| BAH Booz Allen Hamilton Holdings | Add +21.8% | 0.32% | +0.03 |
| GE General Electric | Add +6.1% | 0.19% | +0.03 |
| CCJ Cameco Corp. | Add +8.7% | 0.18% | +0.02 |
| BRO Brown & Brown Inc. | Add +34.8% | 0.30% | +0.02 |
| WEC WEC Energy Group Inc. | Add +2.3% | 0.35% | +0.02 |
| BABA Alibaba Group Holding-SP ADR | Add +10.2% | 0.05% | +0.02 |
| SPOT Spotify Technology SA | Add +123.3% | 0.04% | +0.02 |
| EL Estee Lauder Companies Class A | Add +23.9% | 0.08% | +0.02 |
| MSI Motorola Solutions Inc. | Add +3.5% | 0.30% | +0.02 |
| INOD Innodata Inc. | Add +6.0% | 0.05% | +0.02 |
| GEHC GE Healthcare Technology | Add +20.8% | 0.11% | +0.01 |
| BBVA Banco Bilbao Vizcaya-SP ADR | Add +250.8% | 0.02% | +0.01 |
| GEV GE Vernova Inc. | Add +1.0% | 0.15% | +0.01 |
| VLTO Veralto Corp. | Add +88.7% | 0.02% | +0.01 |
| ACM Aecom | Add +5.5% | 0.08% | +0.01 |
| FEUZ First Trust Eurozone Alphade | Add +91.8% | 0.02% | +0.01 |
| AEM Agnico Eagle Mines Ltd. | Add +1.6% | 0.04% | +0.01 |
| NEM Newmont Corp. | Add +1.0% | 0.03% | +0.01 |
| KKR KKR & Co. Inc. | Add +10.7% | 0.43% | +0.01 |
| BIP Brookfield Infrastructure Pa | Add +230.4% | 0.01% | +0.01 |
| FJP First Trust Japan | Add +28.8% | 0.03% | +0.01 |
| FLUT Flutter Entertainment PLC-Di | New | 0.01% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +1.2% | 0.26% | +0.01 |
| IXN iShares Global Tech ETF | Add +12.6% | 0.04% | +0.01 |
| B Barrick Mining Corp. | Add +3.4% | 0.02% | +0.01 |
| VWO Vanguard Ftse Emerging Marke | Add +18.3% | 0.03% | +0.01 |
| PAAS Pan American Silver Corp. | Add +78.1% | 0.01% | +0.01 |
| CSX CSX Corp. | Add +20.6% | 0.03% | +0.01 |
Notes & Other Activity Q2 2025 → Q3 2025
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | Reduce -7.7% | 108,327 | $8K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 665 | $27.1B | AZN, GOOGL, MSFT, NVDA, AMZN |
| Q1 2026Amended | 646 | $25.0B | AZN, MSFT, GOOGL, AMZN, NVDA |
| Q4 2025Amended | 634 | $25.6B | MSFT, GOOGL, AMZN, V, NVDA |
| Q3 2025 | 638 | $24.6B | MSFT, AMZN, V, GOOGL, NVDA |
| Q2 2025 | 627 | $23.2B | MSFT, V, AMZN, GOOGL, JPM |
| Q1 2025 | 603 | $20.7B | MSFT, V, AMZN, GOOGL, JPM |
| Q4 2024 | 609 | $20.7B | MSFT, AMZN, V, GOOGL, AAPL |
| Q3 2024 | 605 | $19.8B | MSFT, V, AMZN, GOOGL, AAPL |
| Q2 2024 | 616 | $18.4B | MSFT, AMZN, V, GOOGL, AAPL |
| Q1 2024 | 613 | $17.3B | MSFT, V, AMZN, GOOGL, AAPL |