Sarasin & Partners LLP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 15, 2025), Sarasin & Partners LLP reported 81 stock positions worth $9.2 billion. Its top holding was Microsoft (MSFT) at 8.6% of the portfolio, followed by Amazon.com (AMZN, 5.2%) and Nvidia (NVDA, 4.5%). Compared with Q4 2024, it opened 22 new positions, sold out of 3, added to 12 and reduced 44. The biggest buy was a new position in Unitedhealth (UNH) and the biggest sale Apple (AAPL, shares −35%).
- Most Recent 13F
- Q2 2026
- Location
- London, X0
- CIK
- 0001510481
- Portfolio Value
- $9.2B (Q1 2025)
- SEC Filing
- 0001085146-25-002097 ↗ filed Apr 15, 2025
Holdings Value
Holdings 81 stocks · $9.2B
| MSFT Microsoft Corp. | 8.64% | 2,121,565 | $796.4M | Add +7.3% |
| AMZN Amazon.com Inc. | 5.18% | 2,511,576 | $477.9M | Reduce -12.1% |
| NVDA Nvidia Corp. | 4.53% | 3,852,533 | $417.5M | Reduce -15.1% |
| MA Mastercard Inc. Class A | 4.52% | 759,791 | $416.5M | Reduce -12.8% |
| GOOGL Alphabet Inc. Class A | 4.30% | 2,562,529 | $396.3M | Reduce -4.8% |
| AAPL Apple Inc. | 4.30% | 1,783,846 | $396.2M | Reduce -35.5% |
| OTIS Otis Worldwide Corp. | 4.08% | 3,642,200 | $375.9M | Reduce -10.1% |
| META Meta Platforms Inc. Class A | 4.02% | 643,015 | $370.6M | Reduce -19.2% |
| CL Colgate-Palmolive Co. | 3.94% | 3,874,593 | $363.0M | Add +9.5% |
| CME Cme Group Inc. | 3.37% | 1,172,590 | $311.1M | Reduce -32.4% |
| UNH Unitedhealth Group Inc. | 3.15% | 554,313 | $290.3M | New |
| JPM JPMorgan Chase & Co. | 2.86% | 1,074,487 | $263.6M | Reduce -22.4% |
| ZTS Zoetis Inc. | 2.77% | 1,553,855 | $255.8M | New |
| EMR Emerson Electric Co. | 2.65% | 2,226,690 | $244.1M | Add +26.1% |
| TSM Taiwan Semiconductor-SP ADR | 2.64% | 1,469,127 | $243.9M | New |
| HD Home Depot Inc. | 2.64% | 664,257 | $243.4M | Reduce -28.5% |
| FTNT Fortinet Inc. | 2.60% | 2,494,132 | $240.1M | Add +27.8% |
| BLK BlackRock Inc. | 2.51% | 244,134 | $231.1M | Reduce -5.5% |
| COST Costco Wholesale Corp. | 2.44% | 238,030 | $225.1M | Reduce -0.6% |
| DE Deere & Co. | 2.32% | 455,431 | $213.8M | Reduce -11.3% |
| MCO Moody's Corp. | 2.25% | 445,990 | $207.7M | Reduce -20.7% |
| LLY Eli Lilly & Co. | 2.04% | 228,058 | $188.4M | Reduce -10.7% |
| TMO Thermo Fisher Scientific Inc. | 2.03% | 376,074 | $187.1M | New |
| AMT American Tower Corp. | 1.90% | 804,809 | $175.1M | Reduce -14.0% |
| AMGN Amgen Inc. | 1.88% | 557,540 | $173.7M | Add +4.7% |
| KMB Kimberly-Clark Corp. | 1.87% | 1,214,500 | $172.7M | Add +22.9% |
| TTEK Tetra Tech Inc. | 1.47% | 4,628,564 | $135.4M | New |
| CMG Chipotle Mexican Grill Inc. | 1.35% | 2,482,333 | $124.6M | Add +1016.6% |
| MELI MercadoLibre Inc. | 1.29% | 61,102 | $119.2M | Reduce -6.7% |
| CSCO Cisco Systems Inc. | 1.18% | 1,758,949 | $108.5M | Reduce -34.5% |
| AVGO Broadcom Inc. | 1.12% | 615,460 | $103.0M | Reduce -9.7% |
| PLD Prologis Inc. | 1.05% | 867,491 | $97.0M | Reduce -7.4% |
| MRK Merck & Co. Inc. | 0.90% | 926,650 | $83.2M | Add +4.3% |
| AOS Smith (a.o.) Corp. | 0.80% | 1,134,952 | $74.2M | New |
| NOW ServiceNow Inc. | 0.65% | 74,832 | $59.6M | New |
| ROST Ross Stores Inc. | 0.64% | 461,080 | $58.9M | Reduce -19.6% |
| MS Morgan Stanley | 0.46% | 365,825 | $42.7M | New |
| PFE Pfizer Inc. | 0.40% | 1,472,852 | $37.3M | Add +2.9% |
| SNA Snap-on Inc. | 0.29% | 78,215 | $26.4M | New |
| GGG Graco Inc. | 0.28% | 305,444 | $25.5M | Add +9.8% |
| TXN Texas Instruments Inc. | 0.25% | 127,674 | $22.9M | New |
| GLD SPDR Gold Shares | 0.19% | 61,823 | $17.8M | New |
| NFLX Netflix Inc. | 0.19% | 18,459 | $17.2M | New |
| GOOG Alphabet Inc. Class C | 0.16% | 93,835 | $14.7M | Reduce -10.9% |
| WY Weyerhaeuser Co. | 0.15% | 468,533 | $13.7M | New |
| ECL Ecolab Inc. | 0.15% | 53,143 | $13.5M | Reduce -83.8% |
| OXY Occidental Petroleum Corp. | 0.11% | 209,010 | $10.3M | Reduce -78.9% |
| WELL Welltower Inc. | 0.11% | 65,764 | $10.1M | New |
| DOC Healthpeak Properties Inc. | 0.10% | 441,496 | $8.9M | Reduce -0.3% |
| EQIX Equinix Inc. | 0.09% | 10,660 | $8.7M | New |
| VTR Ventas Inc. | 0.09% | 116,102 | $8.0M | New |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 0.08% | 96,840 | $6.9M | Reduce -0.3% |
| PSA Public Storage | 0.07% | 21,409 | $6.4M | Reduce -0.3% |
| AVB Avalonbay Communities Inc. | 0.06% | 26,444 | $5.7M | Reduce -0.3% |
| ARMK Aramark | 0.06% | 154,507 | $5.3M | Reduce -40.4% |
| WMT Walmart Inc. | 0.06% | 60,023 | $5.3M | New |
| NKE Nike Inc. Class B | 0.06% | 80,727 | $5.1M | Reduce -74.8% |
| EVR Evercore Inc. Class A | 0.05% | 25,000 | $5.0M | No change |
| PWR Quanta Services Inc. | 0.05% | 19,074 | $4.8M | Reduce -10.5% |
| BND Vanguard Total Bond Market | 0.05% | 65,766 | $4.8M | New |
| ESS Essex Property Trust Inc. | 0.05% | 15,242 | $4.7M | Reduce -0.3% |
| CPT Camden Property Trust | 0.04% | 30,947 | $3.8M | Reduce -39.1% |
| BRBR Bellring Brands Inc. | 0.04% | 50,000 | $3.7M | Reduce -16.7% |
| ARE Alexandria Real Estate Equit | 0.04% | 39,424 | $3.6M | Reduce -7.7% |
| MAR Marriott International Class A | 0.04% | 15,069 | $3.6M | Add +23.1% |
| CCI Crown Castle Inc. | 0.04% | 34,424 | $3.6M | Reduce -50.2% |
| DOCS Doximity Inc. Class A | 0.04% | 60,301 | $3.5M | New |
| VT Vanguard Tot World STK ETF | 0.03% | 23,402 | $2.7M | New |
| VWO Vanguard Ftse Emerging Marke | 0.03% | 58,953 | $2.7M | New |
| HDB HDFC Bank Ltd.-ADR | 0.03% | 38,606 | $2.6M | No change |
| MAA Mid-America Apartment Comm | 0.02% | 13,522 | $2.3M | Reduce -0.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.02% | 21,511 | $2.1M | New |
| MDLZ Mondelez International Inc. Class A | 0.02% | 30,000 | $2.0M | Reduce -25.0% |
| FMX Fomento Economico Mex-SP ADR | 0.02% | 20,000 | $2.0M | No change |
| KRC Kilroy Realty Corp. | 0.02% | 58,394 | $1.9M | Reduce -5.7% |
| FRPT Freshpet Inc. | 0.02% | 22,500 | $1.9M | Add +12.5% |
| AGCO Agco Corp. | 0.02% | 20,000 | $1.9M | Reduce -11.1% |
| ELF Elf Beauty Inc. | 0.02% | 24,995 | $1.6M | Reduce -36.3% |
| ABNB Airbnb Inc. Class A | 0.01% | 10,359 | $1.2M | Reduce -40.1% |
| BXP BXP Inc. | 0.01% | 16,464 | $1.1M | Reduce -0.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.01% | 23,000 | $960K | Reduce -23.3% |
Portfolio Sells Q4 2024 → Q1 2025
| AAPL Apple Inc. | Reduce -35.5% | 4.30% | −3.34 |
| NVDA Nvidia Corp. | Reduce -15.1% | 4.53% | −2.20 |
| AMZN Amazon.com Inc. | Reduce -12.1% | 5.18% | −1.73 |
| HD Home Depot Inc. | Reduce -28.5% | 2.64% | −1.35 |
| GOOGL Alphabet Inc. Class A | Reduce -4.8% | 4.30% | −1.32 |
| META Meta Platforms Inc. Class A | Reduce -19.2% | 4.02% | −1.12 |
| CME Cme Group Inc. | Reduce -32.4% | 3.37% | −1.07 |
| JPM JPMorgan Chase & Co. | Reduce -22.4% | 2.86% | −0.80 |
| ECL Ecolab Inc. | Reduce -83.8% | 0.15% | −0.70 |
| MCO Moody's Corp. | Reduce -20.7% | 2.25% | −0.68 |
| AVGO Broadcom Inc. | Reduce -9.7% | 1.12% | −0.63 |
| CSCO Cisco Systems Inc. | Reduce -34.5% | 1.18% | −0.58 |
| MA Mastercard Inc. Class A | Reduce -12.8% | 4.52% | −0.55 |
| OXY Occidental Petroleum Corp. | Reduce -78.9% | 0.11% | −0.43 |
| BLK BlackRock Inc. | Reduce -5.5% | 2.51% | −0.41 |
| ROST Ross Stores Inc. | Reduce -19.6% | 0.64% | −0.32 |
| NKE Nike Inc. Class B | Reduce -74.8% | 0.06% | −0.21 |
| LLY Eli Lilly & Co. | Reduce -10.7% | 2.04% | −0.13 |
| EQNR Equinor ASA-Spon ADR | Sold out | 0.00% | −0.11 |
| DE Deere & Co. | Reduce -11.3% | 2.32% | −0.08 |
| OTIS Otis Worldwide Corp. | Reduce -10.1% | 4.08% | −0.07 |
| GOOG Alphabet Inc. Class C | Reduce -10.9% | 0.16% | −0.06 |
| ARMK Aramark | Reduce -40.4% | 0.06% | −0.05 |
| PLD Prologis Inc. | Reduce -7.4% | 1.05% | −0.04 |
| ELF Elf Beauty Inc. | Reduce -36.3% | 0.02% | −0.04 |
| CCI Crown Castle Inc. | Reduce -50.2% | 0.04% | −0.03 |
| CPT Camden Property Trust | Reduce -39.1% | 0.04% | −0.02 |
| PWR Quanta Services Inc. | Reduce -10.5% | 0.05% | −0.02 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.02 |
| LW Lamb Weston Holdings Inc. | Sold out | 0.00% | −0.01 |
| ABNB Airbnb Inc. Class A | Reduce -40.1% | 0.01% | −0.01 |
| BRBR Bellring Brands Inc. | Reduce -16.7% | 0.04% | −0.01 |
| KRC Kilroy Realty Corp. | Reduce -5.7% | 0.02% | −0.01 |
| ARE Alexandria Real Estate Equit | Reduce -7.7% | 0.04% | −0.01 |
| MDLZ Mondelez International Inc. Class A | Reduce -25.0% | 0.02% | −0.00 |
| BAC Bank of America Corp. | Reduce -23.3% | 0.01% | −0.00 |
| AGCO Agco Corp. | Reduce -11.1% | 0.02% | −0.00 |
| AVB Avalonbay Communities Inc. | Reduce -0.3% | 0.06% | −0.00 |
| DOC Healthpeak Properties Inc. | Reduce -0.3% | 0.10% | −0.00 |
| VMRK Vivmark Residential | Reduce -0.3% | 0.08% | −0.00 |
| BXP BXP Inc. | Reduce -0.3% | 0.01% | −0.00 |
| PSA Public Storage | Reduce -0.3% | 0.07% | −0.00 |
| MAA Mid-America Apartment Comm | Reduce -0.3% | 0.02% | +0.00 |
| ESS Essex Property Trust Inc. | Reduce -0.3% | 0.05% | +0.00 |
| AMT American Tower Corp. | Reduce -14.0% | 1.90% | +0.01 |
| COST Costco Wholesale Corp. | Reduce -0.6% | 2.44% | +0.02 |
| MELI MercadoLibre Inc. | Reduce -6.7% | 1.29% | +0.06 |
Portfolio Buys Q4 2024 → Q1 2025
| UNH Unitedhealth Group Inc. | New | 3.15% | +3.15 |
| ZTS Zoetis Inc. | New | 2.77% | +2.77 |
| TSM Taiwan Semiconductor-SP ADR | New | 2.64% | +2.64 |
| TMO Thermo Fisher Scientific Inc. | New | 2.03% | +2.03 |
| TTEK Tetra Tech Inc. | New | 1.47% | +1.47 |
| CMG Chipotle Mexican Grill Inc. | Add +1016.6% | 1.35% | +1.20 |
| AOS Smith (a.o.) Corp. | New | 0.80% | +0.80 |
| NOW ServiceNow Inc. | New | 0.65% | +0.65 |
| FTNT Fortinet Inc. | Add +27.8% | 2.60% | +0.57 |
| MS Morgan Stanley | New | 0.46% | +0.46 |
| KMB Kimberly-Clark Corp. | Add +22.9% | 1.87% | +0.44 |
| CL Colgate-Palmolive Co. | Add +9.5% | 3.94% | +0.39 |
| AMGN Amgen Inc. | Add +4.7% | 1.88% | +0.35 |
| SNA Snap-on Inc. | New | 0.29% | +0.29 |
| TXN Texas Instruments Inc. | New | 0.25% | +0.25 |
| EMR Emerson Electric Co. | Add +26.1% | 2.65% | +0.23 |
| GLD SPDR Gold Shares | New | 0.19% | +0.19 |
| NFLX Netflix Inc. | New | 0.19% | +0.19 |
| WY Weyerhaeuser Co. | New | 0.15% | +0.15 |
| WELL Welltower Inc. | New | 0.11% | +0.11 |
| EQIX Equinix Inc. | New | 0.09% | +0.09 |
| VTR Ventas Inc. | New | 0.09% | +0.09 |
| WMT Walmart Inc. | New | 0.06% | +0.06 |
| BND Vanguard Total Bond Market | New | 0.05% | +0.05 |
| DOCS Doximity Inc. Class A | New | 0.04% | +0.04 |
| VT Vanguard Tot World STK ETF | New | 0.03% | +0.03 |
| VWO Vanguard Ftse Emerging Marke | New | 0.03% | +0.03 |
| DIS The Walt Disney Co. | New | 0.02% | +0.02 |
| GGG Graco Inc. | Add +9.8% | 0.28% | +0.02 |
| MAR Marriott International Class A | Add +23.1% | 0.04% | +0.00 |
| FRPT Freshpet Inc. | Add +12.5% | 0.02% | −0.01 |
| PFE Pfizer Inc. | Add +2.9% | 0.40% | −0.01 |
| MRK Merck & Co. Inc. | Add +4.3% | 0.90% | −0.07 |
| MSFT Microsoft Corp. | Add +7.3% | 8.64% | −0.56 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 94 | $8.5B | NVDA, GOOGL, MSFT, AAPL, AMZN |
| Q1 2026 | 88 | $8.2B | NVDA, MSFT, GOOGL, AAPL, AMZN |
| Q4 2025 | 77 | $9.6B | MSFT, NVDA, GOOGL, AMZN, MA |
| Q3 2025 | 74 | $10.2B | MSFT, NVDA, AMZN, GOOGL, META |
| Q2 2025 | 80 | $10.0B | MSFT, NVDA, AMZN, META, GOOGL |
| Q1 2025Amended | 81 | $9.2B | MSFT, AMZN, NVDA, MA, GOOGL |
| Q4 2024 | 62 | $9.1B | MSFT, AAPL, AMZN, NVDA, GOOGL |
| Q3 2024 | 80 | $10.6B | AAPL, MSFT, AMZN, NVDA, GOOGL |
| Q2 2024 | 83 | $11.3B | GOOGL, MSFT, AMZN, NVDA, AAPL |
| Q1 2024 | 80 | $10.2B | AMZN, GOOGL, MSFT, CME, TSM |