Saranac Partners Ltd
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed December 15, 2025), Saranac Partners Ltd reported 76 stock positions worth $173.1 million. Its top holding was Microsoft (MSFT) at 5.0% of the portfolio, followed by Mastercard Class A (MA, 4.2%) and Intercontinental Exchange (ICE, 3.9%). Compared with Q4 2024, it opened 13 new positions, sold out of 13, added to 26 and reduced 26. The biggest buy was a new position in Fiserv (FISV) and the biggest sale S&P Global (SPGI, shares −90%).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0002098745
- Portfolio Value
- $173.1M (Q1 2025)
- SEC Filing
- 0001214659-25-018004 ↗ filed Dec 15, 2025
Holdings Value
Holdings 76 stocks · $173.1M
| MSFT Microsoft Corp. | 5.01% | 23,092 | $8.7M | Add +0.7% |
| MA Mastercard Inc. Class A | 4.20% | 13,279 | $7.3M | Reduce -1.4% |
| ICE Intercontinental Exchange Inc. | 3.87% | 38,822 | $6.7M | Add +13.7% |
| ABBV Abbvie Inc. | 3.74% | 30,926 | $6.5M | Reduce -3.2% |
| GOOGL Alphabet Inc. Class A | 3.67% | 41,103 | $6.4M | Reduce -2.7% |
| JPM JPMorgan Chase & Co. | 3.63% | 25,635 | $6.3M | Add +13.3% |
| UNH Unitedhealth Group Inc. | 3.59% | 11,860 | $6.2M | Add +12.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 3.51% | 49,850 | $6.1M | Add +2.3% |
| AAPL Apple Inc. | 3.43% | 26,751 | $5.9M | Add +2.1% |
| WMT Walmart Inc. | 3.41% | 67,335 | $5.9M | Reduce -14.6% |
| BSX Boston Scientific Corp. | 3.35% | 57,409 | $5.8M | Add +7.3% |
| FISV Fiserv Inc. | 3.17% | 24,880 | $5.5M | New |
| AVGO Broadcom Inc. | 3.01% | 31,077 | $5.2M | Add +35.9% |
| ECL Ecolab Inc. | 2.86% | 19,556 | $5.0M | Add +1.6% |
| QCOM Qualcomm Inc. | 2.46% | 27,725 | $4.3M | Add +3.9% |
| AMZN Amazon.com Inc. | 2.46% | 22,368 | $4.3M | Reduce -12.1% |
| AME Ametek Inc. | 2.42% | 24,327 | $4.2M | Reduce -3.2% |
| DHR Danaher Corp. | 2.42% | 20,408 | $4.2M | Add +10.2% |
| ADBE Adobe Inc. | 2.36% | 10,666 | $4.1M | Add +15.6% |
| HBAN Huntington Bancshares Inc. | 2.26% | 260,950 | $3.9M | New |
| ORCL Oracle Corp. | 2.19% | 27,131 | $3.8M | Add +24.1% |
| CP Canadian Pacific Kansas City | 2.11% | 52,079 | $3.7M | Add +5.6% |
| VCSH Vanguard S/T Corp. Bond ETF | 2.04% | 44,760 | $3.5M | No change |
| ISRG Intuitive Surgical Inc. | 2.02% | 7,066 | $3.5M | Reduce -22.7% |
| TSM Taiwan Semiconductor-SP ADR | 1.94% | 20,277 | $3.4M | Reduce -19.7% |
| NOW ServiceNow Inc. | 1.86% | 4,034 | $3.2M | Reduce -12.8% |
| LVS Las Vegas Sands Corp. | 1.85% | 83,047 | $3.2M | Reduce -0.1% |
| AMAT Applied Materials Inc. | 1.81% | 21,585 | $3.1M | Add +8.4% |
| PWR Quanta Services Inc. | 1.72% | 11,702 | $3.0M | Reduce -9.2% |
| CDNS Cadence Design SYS Inc. | 1.70% | 11,597 | $2.9M | Reduce -23.3% |
| TRMB Trimble Inc. | 1.68% | 44,195 | $2.9M | Add +735.4% |
| TRUP Trupanion Inc. | 1.29% | 60,000 | $2.2M | New |
| ACWI iShares MSCI Acwi ETF | 1.19% | 17,725 | $2.1M | Reduce -30.8% |
| VCIT Vanguard Int-Term Corporate | 0.87% | 18,440 | $1.5M | Reduce -0.7% |
| LHX L3HARRIS Technologies Inc. | 0.74% | 6,159 | $1.3M | Add +109.0% |
| FXI iShares China Large-Cap ETF | 0.64% | 30,795 | $1.1M | Reduce -15.8% |
| META Meta Platforms Inc. Class A | 0.62% | 1,854 | $1.1M | Add +2.2% |
| CVX Chevron Corp. | 0.55% | 5,661 | $947K | Add +11.4% |
| VOO Vanguard S&P 500 ETF | 0.54% | 1,822 | $936K | Reduce -5.5% |
| VWO Vanguard Ftse Emerging Marke | 0.39% | 14,935 | $676K | Reduce -1.3% |
| VPL Vanguard Ftse Pacific ETF | 0.37% | 8,850 | $641K | Add +0.5% |
| B Barrick Gold Corp. | 0.36% | 32,433 | $630K | New |
| DG Dollar General Corp. | 0.33% | 6,515 | $573K | Reduce -8.2% |
| GOOG Alphabet Inc. Class C | 0.32% | 3,495 | $546K | Reduce -30.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.30% | 5,278 | $521K | Add +10.7% |
| NKE Nike Inc. Class B | 0.30% | 8,130 | $516K | Add +12.2% |
| ABT Abbott Laboratories | 0.29% | 3,750 | $497K | Add +1.4% |
| STT State Street Corp. | 0.28% | 5,403 | $484K | Add +2.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.27% | 874 | $465K | New |
| SPGI S&P Global Inc. | 0.27% | 903 | $459K | Reduce -90.4% |
| COR Cencora Inc. | 0.26% | 1,590 | $442K | Reduce -23.8% |
| VIOO Vanguard S&P Small-Cap 600 E | 0.25% | 4,425 | $427K | New |
| INTU Intuit Inc. | 0.24% | 665 | $408K | No change |
| PANW Palo Alto Networks Inc. | 0.24% | 2,392 | $408K | Reduce -7.8% |
| AGCO Agco Corp. | 0.23% | 4,315 | $399K | Reduce -5.1% |
| AMT American Tower Corp. | 0.22% | 1,721 | $374K | No change |
| BMY Bristol-Myers Squibb Co. | 0.20% | 5,701 | $348K | Add +15.7% |
| VMBS Vanguard Mortgage-Backed Sec | 0.20% | 7,405 | $343K | Reduce -44.7% |
| CCJ Cameco Corp. | 0.19% | 7,819 | $322K | Add +34.9% |
| HON Honeywell International Inc. | 0.18% | 1,447 | $306K | No change |
| MPC Marathon Petroleum Corp. | 0.15% | 1,826 | $266K | No change |
| FERG Ferguson Enterprises Inc. | 0.15% | 1,625 | $260K | New |
| EWU iShares MSCI United Kingdom | 0.15% | 6,919 | $259K | New |
| HD Home Depot Inc. | 0.14% | 678 | $248K | Reduce -19.0% |
| OIH Vaneck Oil Services ETF | 0.14% | 934 | $245K | No change |
| IEMG iShares Core MSCI Emerging | 0.14% | 4,411 | $238K | New |
| AAXJ iShares MSCI All Country Asi | 0.14% | 3,214 | $238K | New |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.14% | 1,320 | $236K | No change |
| DFS Discover Financial Services | 0.14% | 1,370 | $234K | No change |
| BABA Alibaba Group Holding-SP ADR | 0.13% | 1,722 | $228K | Reduce -74.0% |
| THC Tenet Healthcare Corp. | 0.13% | 1,653 | $222K | New |
| XOM Exxon Mobil Corp. | 0.12% | 1,784 | $212K | New |
| EA Electronic Arts Inc. | 0.12% | 1,439 | $208K | No change |
| ASPI Asp Isotopes Inc. | 0.12% | 44,195 | $207K | No change |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.12% | 828 | $203K | New |
| URI United Rentals Inc. | 0.12% | 320 | $201K | No change |
Other holdings (4): bonds, preferreds, convertibles and warrants · $2.7M (not counted above)
Total filed on the 13F, all lines: $175.9M.
Portfolio Sells Q4 2024 → Q1 2025
| SPGI S&P Global Inc. | Reduce -90.4% | 0.27% | −2.37 |
| TT Trane Technologies PLC | Sold out | 0.00% | −2.02 |
| NOW ServiceNow Inc. | Reduce -12.8% | 1.86% | −0.91 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -19.7% | 1.94% | −0.87 |
| CDNS Cadence Design SYS Inc. | Reduce -23.3% | 1.70% | −0.86 |
| GOOGL Alphabet Inc. Class A | Reduce -2.7% | 3.67% | −0.84 |
| AMZN Amazon.com Inc. | Reduce -12.1% | 2.46% | −0.69 |
| ISRG Intuitive Surgical Inc. | Reduce -22.7% | 2.02% | −0.67 |
| WMT Walmart Inc. | Reduce -14.6% | 3.41% | −0.60 |
| PWR Quanta Services Inc. | Reduce -9.2% | 1.72% | −0.58 |
| LVS Las Vegas Sands Corp. | Reduce -0.1% | 1.85% | −0.56 |
| ACWI iShares MSCI Acwi ETF | Reduce -30.8% | 1.19% | −0.50 |
| NOC Northrop Grumman Corp. | Sold out | 0.00% | −0.32 |
| TWLO Twilio Inc. Class A | Sold out | 0.00% | −0.31 |
| VDE Vanguard Energy ETF | Sold out | 0.00% | −0.26 |
| EL Estee Lauder Companies Class A | Sold out | 0.00% | −0.25 |
| GOOG Alphabet Inc. Class C | Reduce -30.8% | 0.32% | −0.23 |
| JD Jd.com Inc.-ADR | Sold out | 0.00% | −0.20 |
| KO The Coca-Cola Co. | Sold out | 0.00% | −0.19 |
| BABA Alibaba Group Holding-SP ADR | Reduce -74.0% | 0.13% | −0.18 |
| BAX Baxter International Inc. | Sold out | 0.00% | −0.17 |
| VMBS Vanguard Mortgage-Backed Sec | Reduce -44.7% | 0.20% | −0.14 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.14 |
| AME Ametek Inc. | Reduce -3.2% | 2.42% | −0.14 |
| ETN Eaton Corp. PLC | Sold out | 0.00% | −0.13 |
| TEL Te Connectivity PLC | Sold out | 0.00% | −0.13 |
| FDX FedEx Corp. | Sold out | 0.00% | −0.12 |
| TMO Thermo Fisher Scientific Inc. | Sold out | 0.00% | −0.12 |
| VOO Vanguard S&P 500 ETF | Reduce -5.5% | 0.54% | −0.05 |
| HD Home Depot Inc. | Reduce -19.0% | 0.14% | −0.04 |
| PANW Palo Alto Networks Inc. | Reduce -7.8% | 0.24% | −0.03 |
| AGCO Agco Corp. | Reduce -5.1% | 0.23% | −0.01 |
| COR Cencora Inc. | Reduce -23.8% | 0.26% | −0.01 |
| FXI iShares China Large-Cap ETF | Reduce -15.8% | 0.64% | +0.01 |
| VWO Vanguard Ftse Emerging Marke | Reduce -1.3% | 0.39% | +0.01 |
| DG Dollar General Corp. | Reduce -8.2% | 0.33% | +0.03 |
| VCIT Vanguard Int-Term Corporate | Reduce -0.7% | 0.87% | +0.03 |
| MA Mastercard Inc. Class A | Reduce -1.4% | 4.20% | +0.20 |
| ABBV Abbvie Inc. | Reduce -3.2% | 3.74% | +0.54 |
Portfolio Buys Q4 2024 → Q1 2025
| FISV Fiserv Inc. | New | 3.17% | +3.17 |
| HBAN Huntington Bancshares Inc. | New | 2.26% | +2.26 |
| TRMB Trimble Inc. | Add +735.4% | 1.68% | +1.47 |
| TRUP Trupanion Inc. | New | 1.29% | +1.29 |
| ICE Intercontinental Exchange Inc. | Add +13.7% | 3.87% | +1.00 |
| BSX Boston Scientific Corp. | Add +7.3% | 3.35% | +0.65 |
| JPM JPMorgan Chase & Co. | Add +13.3% | 3.63% | +0.57 |
| UNH Unitedhealth Group Inc. | Add +12.1% | 3.59% | +0.57 |
| LHX L3HARRIS Technologies Inc. | Add +109.0% | 0.74% | +0.40 |
| B Barrick Gold Corp. | New | 0.36% | +0.36 |
| ECL Ecolab Inc. | Add +1.6% | 2.86% | +0.32 |
| BRK.B Berkshire Hathaway Inc. Class B | New | 0.27% | +0.27 |
| VIOO Vanguard S&P Small-Cap 600 E | New | 0.25% | +0.25 |
| TJX TJX Companies Inc. | Add +2.3% | 3.51% | +0.19 |
| FERG Ferguson Enterprises Inc. | New | 0.15% | +0.15 |
| EWU iShares MSCI United Kingdom | New | 0.15% | +0.15 |
| QCOM Qualcomm Inc. | Add +3.9% | 2.46% | +0.15 |
| IEMG iShares Core MSCI Emerging | New | 0.14% | +0.14 |
| AAXJ iShares MSCI All Country Asi | New | 0.14% | +0.14 |
| ORCL Oracle Corp. | Add +24.1% | 2.19% | +0.14 |
| CVX Chevron Corp. | Add +11.4% | 0.55% | +0.13 |
| THC Tenet Healthcare Corp. | New | 0.13% | +0.13 |
| XOM Exxon Mobil Corp. | New | 0.12% | +0.12 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | New | 0.12% | +0.12 |
| CP Canadian Pacific Kansas City | Add +5.6% | 2.11% | +0.10 |
| ABT Abbott Laboratories | Add +1.4% | 0.29% | +0.05 |
| ADBE Adobe Inc. | Add +15.6% | 2.36% | +0.05 |
| BMY Bristol-Myers Squibb Co. | Add +15.7% | 0.20% | +0.04 |
| DHR Danaher Corp. | Add +10.2% | 2.42% | +0.02 |
| META Meta Platforms Inc. Class A | Add +2.2% | 0.62% | +0.02 |
| CCJ Cameco Corp. | Add +34.9% | 0.19% | +0.02 |
| VPL Vanguard Ftse Pacific ETF | Add +0.5% | 0.37% | +0.02 |
| AVGO Broadcom Inc. | Add +35.9% | 3.01% | +0.01 |
| DIS The Walt Disney Co. | Add +10.7% | 0.30% | +0.00 |
| NKE Nike Inc. Class B | Add +12.2% | 0.30% | −0.01 |
| STT State Street Corp. | Add +2.0% | 0.28% | −0.01 |
| AMAT Applied Materials Inc. | Add +8.4% | 1.81% | −0.02 |
| AAPL Apple Inc. | Add +2.1% | 3.43% | −0.27 |
| MSFT Microsoft Corp. | Add +0.7% | 5.01% | −0.45 |
Notes & Other Activity Q4 2024 → Q1 2025
| ISRG Intuitive Surgical Inc. | COM NEW · principal | New | 2,230 | $1.1M |
| AVGO Broadcom Inc. | COM · principal | Sold out | 3,925 | $910Kbefore exit |
| AME Ametek Inc. | COM · principal | Sold out | 4,685 | $845Kbefore exit |
| TT Trane Technologies PLC | SHS · principal | Sold out | 2,035 | $752Kbefore exit |
| CP Canadian Pacific Kansas City | COM · principal | New | 8,610 | $605K |
| GOOGL Alphabet Inc. Class A | CAP STK CL A · principal | Sold out | 3,055 | $578Kbefore exit |
| MA Mastercard Inc. Class A | CL A · principal | New | 1,006 | $551K |
| PWR Quanta Services Inc. | COM · principal | New | 1,868 | $475K |
| JPM JPMorgan Chase & Co. | COM · principal | Sold out | 1,655 | $397Kbefore exit |
| MSFT Microsoft Corp. | COM · principal | Sold out | 785 | $331Kbefore exit |
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 | 112 | $311.6M | GOOGL, AMZN, MSFT, AVGO, MA |
| Q1 2026 | 91 | $231.1M | GOOGL, MSFT, AMZN, AVGO, MA |
| Q4 2025 | 74 | $255.6M | GOOGL, MSFT, MA, TJX, AMZN |
| Q3 2025 | 229 | $476.5M | IRRRF, IMBXF, ISAPF, ISCXF, MSFT |
| Q2 2025 | 66 | $186.5M | MSFT, AVGO, MA, JPM, GOOGL |
| Q1 2025 | 76 | $173.1M | MSFT, MA, ICE, ABBV, GOOGL |
| Q4 2024 | 76 | $177.3M | MSFT, GOOGL, WMT, MA, AAPL |
| Q3 2024 | 22 | $66.3M | GOOGL, AAPL, ABBV, AME, COR |
| Q2 2024 | 73 | $168.0M | MSFT, GOOGL, WMT, MA, TJX |
| Q1 2024 | 80 | $163.3M | MSFT, GOOGL, MA, WMT, ABBV |