Sarasin & Partners LLP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 9, 2025), Sarasin & Partners LLP reported 80 stock positions worth $10.0 billion. Its top holding was Microsoft (MSFT) at 10.4% of the portfolio, followed by Nvidia (NVDA, 6.2%) and Amazon.com (AMZN, 5.5%). Compared with Q1 2025, it opened 6 new positions, sold out of 7, added to 34 and reduced 29. The biggest buy was Nvidia (NVDA, shares +2%) and the biggest sale an exit from Taiwan Semiconductor-SP ADR (TSM).
- Most Recent 13F
- Q2 2026
- Location
- London, X0
- CIK
- 0001510481
- Portfolio Value
- $10.0B (Q2 2025)
- SEC Filing
- 0001085146-25-003615 ↗ filed Jul 9, 2025
Holdings Value
Holdings 80 stocks · $10.0B
| MSFT Microsoft Corp. | 10.39% | 2,099,280 | $1.0B | Reduce -1.1% |
| NVDA Nvidia Corp. | 6.17% | 3,924,678 | $620.1M | Add +1.9% |
| AMZN Amazon.com Inc. | 5.54% | 2,536,648 | $556.5M | Add +1.0% |
| META Meta Platforms Inc. Class A | 4.64% | 632,208 | $466.6M | Reduce -1.7% |
| GOOGL Alphabet Inc. Class A | 4.39% | 2,500,202 | $440.6M | Reduce -2.4% |
| MA Mastercard Inc. Class A | 3.96% | 707,299 | $397.5M | Reduce -6.9% |
| CL Colgate-Palmolive Co. | 3.71% | 4,102,759 | $372.9M | Add +5.9% |
| OTIS Otis Worldwide Corp. | 3.53% | 3,581,396 | $354.6M | Reduce -1.7% |
| JPM JPMorgan Chase & Co. | 3.25% | 1,125,184 | $326.2M | Add +4.7% |
| EMR Emerson Electric Co. | 3.21% | 2,417,945 | $322.4M | Add +8.6% |
| FTNT Fortinet Inc. | 2.96% | 2,808,725 | $296.9M | Add +12.6% |
| AAPL Apple Inc. | 2.85% | 1,396,881 | $286.6M | Reduce -21.7% |
| CME Cme Group Inc. | 2.78% | 1,014,872 | $279.7M | Reduce -13.4% |
| ZTS Zoetis Inc. | 2.50% | 1,611,579 | $251.3M | Add +3.7% |
| HD Home Depot Inc. | 2.45% | 670,684 | $245.9M | Add +1.0% |
| COST Costco Wholesale Corp. | 2.34% | 237,837 | $235.4M | Reduce -0.1% |
| BLK BlackRock Inc. | 2.33% | 223,241 | $234.2M | Reduce -8.6% |
| AVGO Broadcom Inc. | 2.23% | 810,926 | $223.5M | Add +31.8% |
| MCO Moody's Corp. | 2.10% | 420,259 | $210.8M | Reduce -5.8% |
| DE Deere & Co. | 2.03% | 401,856 | $204.3M | Reduce -11.8% |
| MELI MercadoLibre Inc. | 1.99% | 76,303 | $199.4M | Add +24.9% |
| UNH Unitedhealth Group Inc. | 1.88% | 604,970 | $188.7M | Add +9.1% |
| LLY Eli Lilly & Co. | 1.85% | 237,793 | $185.4M | Add +4.3% |
| AMT American Tower Corp. | 1.71% | 776,536 | $171.6M | Reduce -3.5% |
| AMGN Amgen Inc. | 1.70% | 612,120 | $170.9M | Add +9.8% |
| TTEK Tetra Tech Inc. | 1.68% | 4,683,576 | $168.4M | Add +1.2% |
| NOW ServiceNow Inc. | 1.54% | 150,621 | $154.9M | Add +101.3% |
| CMG Chipotle Mexican Grill Inc. | 1.42% | 2,537,745 | $142.5M | Add +2.2% |
| KMB Kimberly-Clark Corp. | 1.39% | 1,084,566 | $139.8M | Reduce -10.7% |
| NFLX Netflix Inc. | 1.32% | 99,066 | $132.7M | Add +436.7% |
| CSCO Cisco Systems Inc. | 1.25% | 1,804,630 | $125.2M | Add +2.6% |
| MRSH Marsh & McLennan Cos | 1.22% | 559,328 | $122.3M | New |
| TMO Thermo Fisher Scientific Inc. | 1.04% | 256,589 | $104.0M | Reduce -31.8% |
| PLD Prologis Inc. | 0.84% | 799,466 | $84.0M | Reduce -7.8% |
| AOS Smith (a.o.) Corp. | 0.78% | 1,189,073 | $78.0M | Add +4.8% |
| MRK Merck & Co. Inc. | 0.75% | 947,096 | $75.0M | Add +2.2% |
| ROST Ross Stores Inc. | 0.59% | 463,590 | $59.1M | Add +0.5% |
| MS Morgan Stanley | 0.52% | 367,543 | $51.8M | Add +0.5% |
| PFE Pfizer Inc. | 0.35% | 1,454,498 | $35.3M | Reduce -1.3% |
| GGG Graco Inc. | 0.26% | 307,638 | $26.4M | Add +0.7% |
| TXN Texas Instruments Inc. | 0.26% | 127,146 | $26.4M | Reduce -0.4% |
| SNA Snap-on Inc. | 0.26% | 82,661 | $25.7M | Add +5.7% |
| GLD SPDR Gold Shares | 0.18% | 59,806 | $18.2M | Reduce -3.3% |
| ECL Ecolab Inc. | 0.15% | 57,588 | $15.5M | Add +8.4% |
| GOOG Alphabet Inc. Class C | 0.14% | 78,141 | $13.9M | Reduce -16.7% |
| WY Weyerhaeuser Co. | 0.13% | 510,458 | $13.1M | Add +8.9% |
| WELL Welltower Inc. | 0.11% | 69,559 | $10.7M | Add +5.8% |
| PSA Public Storage | 0.09% | 32,246 | $9.5M | Add +50.6% |
| EQIX Equinix Inc. | 0.08% | 10,677 | $8.5M | Add +0.2% |
| PWR Quanta Services Inc. | 0.08% | 21,337 | $8.1M | Add +11.9% |
| DOC Healthpeak Properties Inc. | 0.08% | 441,496 | $7.7M | No change |
| VTR Ventas Inc. | 0.07% | 116,102 | $7.3M | No change |
| EVR Evercore Inc. Class A | 0.07% | 25,000 | $6.8M | No change |
| ELF Elf Beauty Inc. | 0.07% | 52,591 | $6.5M | Add +110.4% |
| ARMK Aramark | 0.06% | 154,499 | $6.5M | Reduce -0.0% |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 0.06% | 92,502 | $6.2M | Reduce -4.5% |
| DLR Digital Realty Trust Inc. | 0.06% | 31,974 | $5.6M | New |
| SPG Simon Property Group Inc. | 0.05% | 34,332 | $5.5M | New |
| AVB Avalonbay Communities Inc. | 0.05% | 25,485 | $5.2M | Reduce -3.6% |
| WMT Walmart Inc. | 0.05% | 50,023 | $4.9M | Reduce -16.7% |
| BND Vanguard Total Bond Market | 0.04% | 61,366 | $4.5M | Reduce -6.7% |
| ESS Essex Property Trust Inc. | 0.04% | 15,242 | $4.3M | No change |
| VWO Vanguard Ftse Emerging Marke | 0.04% | 86,531 | $4.3M | Add +46.8% |
| MAR Marriott International Class A | 0.04% | 15,461 | $4.2M | Add +2.6% |
| VT Vanguard Tot World STK ETF | 0.04% | 29,947 | $3.8M | Add +28.0% |
| CPT Camden Property Trust | 0.03% | 30,947 | $3.5M | No change |
| ARE Alexandria Real Estate Equit | 0.03% | 39,424 | $2.9M | No change |
| BRBR Bellring Brands Inc. | 0.03% | 45,000 | $2.6M | Reduce -10.0% |
| HDB HDFC Bank Ltd.-ADR | 0.02% | 28,205 | $2.2M | Reduce -26.9% |
| FMX Fomento Economico Mex-SP ADR | 0.02% | 20,000 | $2.1M | No change |
| MDLZ Mondelez International Inc. Class A | 0.02% | 30,000 | $2.0M | No change |
| KRC Kilroy Realty Corp. | 0.02% | 58,394 | $2.0M | No change |
| VGK Vanguard Ftse Europe ETF | 0.02% | 20,220 | $1.6M | New |
| FRPT Freshpet Inc. | 0.02% | 22,500 | $1.5M | No change |
| CPRT Copart Inc. | 0.01% | 28,907 | $1.4M | New |
| AGCO Agco Corp. | 0.01% | 13,500 | $1.4M | Reduce -32.5% |
| ABNB Airbnb Inc. Class A | 0.01% | 10,359 | $1.4M | No change |
| CCI Crown Castle Inc. | 0.01% | 10,974 | $1.1M | Reduce -68.1% |
| BXP BXP Inc. | 0.01% | 15,696 | $1.1M | Reduce -4.7% |
| KIM Kimco Realty Corp. | 0.01% | 29,520 | $621K | New |
Portfolio Sells Q1 2025 → Q2 2025
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −2.64 |
| AAPL Apple Inc. | Reduce -21.7% | 2.85% | −1.44 |
| TMO Thermo Fisher Scientific Inc. | Reduce -31.8% | 1.04% | −0.99 |
| CME Cme Group Inc. | Reduce -13.4% | 2.78% | −0.59 |
| MA Mastercard Inc. Class A | Reduce -6.9% | 3.96% | −0.56 |
| OTIS Otis Worldwide Corp. | Reduce -1.7% | 3.53% | −0.55 |
| KMB Kimberly-Clark Corp. | Reduce -10.7% | 1.39% | −0.48 |
| DE Deere & Co. | Reduce -11.8% | 2.03% | −0.28 |
| PLD Prologis Inc. | Reduce -7.8% | 0.84% | −0.22 |
| AMT American Tower Corp. | Reduce -3.5% | 1.71% | −0.19 |
| BLK BlackRock Inc. | Reduce -8.6% | 2.33% | −0.17 |
| MCO Moody's Corp. | Reduce -5.8% | 2.10% | −0.15 |
| OXY Occidental Petroleum Corp. | Sold out | 0.00% | −0.11 |
| COST Costco Wholesale Corp. | Reduce -0.1% | 2.34% | −0.10 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.06 |
| PFE Pfizer Inc. | Reduce -1.3% | 0.35% | −0.05 |
| DOCS Doximity Inc. Class A | Sold out | 0.00% | −0.04 |
| CCI Crown Castle Inc. | Reduce -68.1% | 0.01% | −0.03 |
| MAA Mid-America Apartment Comm | Sold out | 0.00% | −0.02 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.02 |
| GOOG Alphabet Inc. Class C | Reduce -16.7% | 0.14% | −0.02 |
| BRBR Bellring Brands Inc. | Reduce -10.0% | 0.03% | −0.01 |
| VMRK Vivmark Residential | Reduce -4.5% | 0.06% | −0.01 |
| GLD SPDR Gold Shares | Reduce -3.3% | 0.18% | −0.01 |
| BAC Bank of America Corp. | Sold out | 0.00% | −0.01 |
| AVB Avalonbay Communities Inc. | Reduce -3.6% | 0.05% | −0.01 |
| WMT Walmart Inc. | Reduce -16.7% | 0.05% | −0.01 |
| BND Vanguard Total Bond Market | Reduce -6.7% | 0.04% | −0.01 |
| HDB HDFC Bank Ltd.-ADR | Reduce -26.9% | 0.02% | −0.01 |
| AGCO Agco Corp. | Reduce -32.5% | 0.01% | −0.01 |
| BXP BXP Inc. | Reduce -4.7% | 0.01% | −0.00 |
| ARMK Aramark | Reduce -0.0% | 0.06% | +0.01 |
| TXN Texas Instruments Inc. | Reduce -0.4% | 0.26% | +0.01 |
| GOOGL Alphabet Inc. Class A | Reduce -2.4% | 4.39% | +0.09 |
| META Meta Platforms Inc. Class A | Reduce -1.7% | 4.64% | +0.63 |
| MSFT Microsoft Corp. | Reduce -1.1% | 10.39% | +1.76 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +1.9% | 6.17% | +1.64 |
| MRSH Marsh & McLennan Cos | New | 1.22% | +1.22 |
| NFLX Netflix Inc. | Add +436.7% | 1.32% | +1.13 |
| AVGO Broadcom Inc. | Add +31.8% | 2.23% | +1.11 |
| NOW ServiceNow Inc. | Add +101.3% | 1.54% | +0.90 |
| MELI MercadoLibre Inc. | Add +24.9% | 1.99% | +0.69 |
| EMR Emerson Electric Co. | Add +8.6% | 3.21% | +0.56 |
| JPM JPMorgan Chase & Co. | Add +4.7% | 3.25% | +0.39 |
| AMZN Amazon.com Inc. | Add +1.0% | 5.54% | +0.36 |
| FTNT Fortinet Inc. | Add +12.6% | 2.96% | +0.35 |
| TTEK Tetra Tech Inc. | Add +1.2% | 1.68% | +0.21 |
| CSCO Cisco Systems Inc. | Add +2.6% | 1.25% | +0.07 |
| CMG Chipotle Mexican Grill Inc. | Add +2.2% | 1.42% | +0.07 |
| DLR Digital Realty Trust Inc. | New | 0.06% | +0.06 |
| SPG Simon Property Group Inc. | New | 0.05% | +0.05 |
| MS Morgan Stanley | Add +0.5% | 0.52% | +0.05 |
| ELF Elf Beauty Inc. | Add +110.4% | 0.07% | +0.05 |
| PWR Quanta Services Inc. | Add +11.9% | 0.08% | +0.03 |
| PSA Public Storage | Add +50.6% | 0.09% | +0.02 |
| VGK Vanguard Ftse Europe ETF | New | 0.02% | +0.02 |
| CPRT Copart Inc. | New | 0.01% | +0.01 |
| VWO Vanguard Ftse Emerging Marke | Add +46.8% | 0.04% | +0.01 |
| VT Vanguard Tot World STK ETF | Add +28.0% | 0.04% | +0.01 |
| ECL Ecolab Inc. | Add +8.4% | 0.15% | +0.01 |
| KIM Kimco Realty Corp. | New | 0.01% | +0.01 |
| MAR Marriott International Class A | Add +2.6% | 0.04% | +0.00 |
| WELL Welltower Inc. | Add +5.8% | 0.11% | −0.00 |
| EQIX Equinix Inc. | Add +0.2% | 0.08% | −0.01 |
| GGG Graco Inc. | Add +0.7% | 0.26% | −0.01 |
| WY Weyerhaeuser Co. | Add +8.9% | 0.13% | −0.02 |
| AOS Smith (a.o.) Corp. | Add +4.8% | 0.78% | −0.03 |
| SNA Snap-on Inc. | Add +5.7% | 0.26% | −0.03 |
| ROST Ross Stores Inc. | Add +0.5% | 0.59% | −0.05 |
| MRK Merck & Co. Inc. | Add +2.2% | 0.75% | −0.16 |
| AMGN Amgen Inc. | Add +9.8% | 1.70% | −0.18 |
| HD Home Depot Inc. | Add +1.0% | 2.45% | −0.19 |
| LLY Eli Lilly & Co. | Add +4.3% | 1.85% | −0.20 |
| CL Colgate-Palmolive Co. | Add +5.9% | 3.71% | −0.22 |
| ZTS Zoetis Inc. | Add +3.7% | 2.50% | −0.27 |
| UNH Unitedhealth Group Inc. | Add +9.1% | 1.88% | −1.27 |
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 |