Sustainable Growth Advisers, LP
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 10, 2025), Sustainable Growth Advisers, LP reported 54 stock positions worth $19.9 billion. Its top holding was Amazon.com (AMZN) at 6.8% of the portfolio, followed by Microsoft (MSFT, 6.6%) and Visa Class A (V, 5.6%). Compared with Q3 2024, it opened 3 new positions, sold out of 2, added to 9 and reduced 41. The biggest buy was Intuit (INTU, shares +21%) and the biggest sale Netflix (NFLX, shares −59%).
- Most Recent 13F
- Q2 2026
- Location
- STAMFORD, CT
- CIK
- 0001290668
- Portfolio Value
- $19.9B (Q4 2024)
- SEC Filing
- 0001290668-25-000001 ↗ filed Feb 10, 2025
Holdings Value
Holdings 54 stocks · $19.9B
| AMZN Amazon.com Inc. | 6.81% | 6,193,038 | $1.4B | Reduce -28.3% |
| MSFT Microsoft Corp. | 6.58% | 3,110,508 | $1.3B | Reduce -11.0% |
| V Visa Inc. Class A | 5.63% | 3,549,110 | $1.1B | Reduce -17.0% |
| INTU Intuit Inc. | 4.51% | 1,429,346 | $898.3M | Add +20.7% |
| UNH Unitedhealth Group Inc. | 4.21% | 1,658,574 | $839.0M | Reduce -7.0% |
| AON Aon PLC Class A | 4.08% | 2,263,783 | $813.1M | Reduce -19.9% |
| SPGI S&P Global Inc. | 4.07% | 1,631,211 | $812.4M | Reduce -14.9% |
| YUM Yum! Brands Inc. | 3.75% | 5,579,115 | $748.5M | Reduce -14.2% |
| SNPS Synopsys Inc. | 3.75% | 1,538,583 | $746.8M | Reduce -13.8% |
| DHR Danaher Corp. | 3.72% | 3,232,010 | $741.9M | Add +9.2% |
| META Meta Platforms Inc. Class A | 3.67% | 1,250,084 | $731.9M | Reduce -16.8% |
| NVDA Nvidia Corp. | 3.46% | 5,140,661 | $690.3M | Reduce -17.3% |
| WDAY Workday Inc. Class A | 3.44% | 2,657,310 | $685.7M | Reduce -26.4% |
| AAPL Apple Inc. | 3.19% | 2,543,448 | $636.9M | Reduce -17.3% |
| CP Canadian Pacific Kansas City | 3.19% | 8,795,392 | $636.5M | Reduce -2.8% |
| ADSK Autodesk Inc. | 2.88% | 1,941,508 | $573.9M | Reduce -20.0% |
| MSCI MSCI Inc. | 2.84% | 943,676 | $566.2M | Reduce -17.8% |
| GOOG Alphabet Inc. Class C | 2.75% | 2,879,669 | $548.4M | Reduce -16.8% |
| HDB HDFC Bank Ltd.-ADR | 2.62% | 8,176,487 | $522.2M | Reduce -4.1% |
| NVO Novo-Nordisk A/S-Spons ADR | 2.30% | 5,340,803 | $459.4M | Add +23.6% |
| WM Waste Management Inc. | 2.03% | 2,009,983 | $405.6M | Reduce -24.1% |
| CRM Salesforce Inc. | 1.98% | 1,180,376 | $394.6M | Reduce -46.2% |
| NOW ServiceNow Inc. | 1.96% | 367,828 | $389.9M | Reduce -27.6% |
| TMO Thermo Fisher Scientific Inc. | 1.86% | 712,206 | $370.5M | Reduce -11.8% |
| ICLR Icon PLC | 1.68% | 1,593,719 | $334.2M | Add +18.2% |
| ALC Alcon Inc. filed as ALCON AG | 1.61% | 3,777,922 | $320.7M | Reduce -3.3% |
| AXP American Express Co. | 1.50% | 1,004,652 | $298.2M | Reduce -26.8% |
| ECL Ecolab Inc. | 1.49% | 1,268,731 | $297.3M | Reduce -22.5% |
| STE Steris PLC | 1.43% | 1,383,218 | $284.3M | Reduce -3.9% |
| IT Gartner Inc. | 1.30% | 535,427 | $259.4M | Reduce -24.2% |
| MELI MercadoLibre Inc. | 1.18% | 138,534 | $235.6M | Reduce -2.5% |
| INFY Infosys Ltd.-SP ADR | 1.09% | 9,906,879 | $217.2M | Reduce -5.0% |
| NFLX Netflix Inc. | 1.05% | 234,572 | $209.1M | Reduce -59.1% |
| SBUX Starbucks Corp. | 0.96% | 2,092,975 | $191.0M | Reduce -23.8% |
| TEAM Atlassian Corp. Class A | 0.50% | 406,006 | $98.8M | Reduce -70.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.25% | 255,844 | $50.5M | Add +5.7% |
| FMX Fomento Economico Mex-SP ADR | 0.13% | 292,551 | $25.0M | Reduce -3.9% |
| SAP Sap SE-Sponsored ADR | 0.09% | 70,157 | $17.3M | Reduce -14.9% |
| LIN Linde PLC | 0.07% | 34,177 | $14.3M | Reduce -11.2% |
| WCN Waste Connections Inc. | 0.06% | 66,936 | $11.5M | Reduce -12.5% |
| SHOP Shopify Inc. Class A | 0.06% | 106,779 | $11.4M | Reduce -30.8% |
| UL Unilever PLC | 0.05% | 166,562 | $9.4M | Add +4.8% |
| UNVGY Universal Music Gro-Unsp ADR | 0.04% | 608,074 | $7.8M | Reduce -0.6% |
| IWF iShares Russell 1000 Growth | 0.04% | 18,623 | $7.5M | Add +166.8% |
| XP XP Inc. Class A | 0.04% | 590,622 | $7.0M | Add +7.4% |
| NSRGY Nestle SA-Spons ADR | 0.03% | 74,622 | $6.1M | Add +60.2% |
| AAGIY Aia Group Ltd.-SP ADR | 0.03% | 192,895 | $5.6M | Reduce -4.1% |
| LVMUY LVMH Moet Hennessy-Unsp ADR | 0.03% | 40,701 | $5.3M | Reduce -0.1% |
| TME Tencent Music Entertainm-ADR | 0.02% | 417,913 | $4.7M | New |
| EXPGY Experian PLC-Spons ADR | 0.02% | 76,700 | $3.3M | New |
| GOOGL Alphabet Inc. Class A | 0.01% | 12,818 | $2.4M | Reduce -5.4% |
| IVV iShares Core S&P 500 ETF | 0.00% | 881 | $519K | New |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.00% | 847 | $348K | No change |
| SHW The Sherwin-Williams Co. | 0.00% | 610 | $207K | Reduce -12.4% |
Portfolio Sells Q3 2024 → Q4 2024
| NFLX Netflix Inc. | Reduce -59.1% | 1.05% | −0.67 |
| CRM Salesforce Inc. | Reduce -46.2% | 1.98% | −0.56 |
| TEAM Atlassian Corp. Class A | Reduce -70.0% | 0.50% | −0.42 |
| WDAY Workday Inc. Class A | Reduce -26.4% | 3.44% | −0.30 |
| WM Waste Management Inc. | Reduce -24.1% | 2.03% | −0.29 |
| ECL Ecolab Inc. | Reduce -22.5% | 1.49% | −0.28 |
| TMO Thermo Fisher Scientific Inc. | Reduce -11.8% | 1.86% | −0.26 |
| IT Gartner Inc. | Reduce -24.2% | 1.30% | −0.22 |
| UNH Unitedhealth Group Inc. | Reduce -7.0% | 4.21% | −0.21 |
| SBUX Starbucks Corp. | Reduce -23.8% | 0.96% | −0.18 |
| SPGI S&P Global Inc. | Reduce -14.9% | 4.07% | −0.12 |
| YUM Yum! Brands Inc. | Reduce -14.2% | 3.75% | −0.10 |
| CP Canadian Pacific Kansas City | Reduce -2.8% | 3.19% | −0.09 |
| SNPS Synopsys Inc. | Reduce -13.8% | 3.75% | −0.08 |
| AXP American Express Co. | Reduce -26.8% | 1.50% | −0.08 |
| AON Aon PLC Class A | Reduce -19.9% | 4.08% | −0.07 |
| MELI MercadoLibre Inc. | Reduce -2.5% | 1.18% | −0.05 |
| STE Steris PLC | Reduce -3.9% | 1.43% | −0.05 |
| ALC Alcon Inc. | Reduce -3.3% | 1.61% | −0.05 |
| AMZN Amazon.com Inc. | Reduce -28.3% | 6.81% | −0.01 |
| LIN Linde PLC | Reduce -11.2% | 0.07% | −0.01 |
| AAGIY Aia Group Ltd.-SP ADR | Reduce -4.1% | 0.03% | −0.00 |
| FMX Fomento Economico Mex-SP ADR | Reduce -3.9% | 0.13% | −0.00 |
| CPAY Corpay Inc. | Sold out | 0.00% | −0.00 |
| IQV Iqvia Holdings Inc. | Sold out | 0.00% | −0.00 |
| WCN Waste Connections Inc. | Reduce -12.5% | 0.06% | −0.00 |
| SHW The Sherwin-Williams Co. | Reduce -12.4% | 0.00% | −0.00 |
| LVMUY LVMH Moet Hennessy-Unsp ADR | Reduce -0.1% | 0.03% | +0.00 |
| GOOGL Alphabet Inc. Class A | Reduce -5.4% | 0.01% | +0.00 |
| MSCI MSCI Inc. | Reduce -17.8% | 2.84% | +0.00 |
| SHOP Shopify Inc. Class A | Reduce -30.8% | 0.06% | +0.00 |
| UNVGY Universal Music Gro-Unsp ADR | Reduce -0.6% | 0.04% | +0.01 |
| SAP Sap SE-Sponsored ADR | Reduce -14.9% | 0.09% | +0.01 |
| META Meta Platforms Inc. Class A | Reduce -16.8% | 3.67% | +0.03 |
| NOW ServiceNow Inc. | Reduce -27.6% | 1.96% | +0.03 |
| ADSK Autodesk Inc. | Reduce -20.0% | 2.88% | +0.05 |
| INFY Infosys Ltd.-SP ADR | Reduce -5.0% | 1.09% | +0.10 |
| AAPL Apple Inc. | Reduce -17.3% | 3.19% | +0.16 |
| MSFT Microsoft Corp. | Reduce -11.0% | 6.58% | +0.20 |
| NVDA Nvidia Corp. | Reduce -17.3% | 3.46% | +0.27 |
| GOOG Alphabet Inc. Class C | Reduce -16.8% | 2.75% | +0.30 |
| HDB HDFC Bank Ltd.-ADR | Reduce -4.1% | 2.62% | +0.36 |
| V Visa Inc. Class A | Reduce -17.0% | 5.63% | +0.64 |
Portfolio Buys Q3 2024 → Q4 2024
| INTU Intuit Inc. | Add +20.7% | 4.51% | +1.39 |
| DHR Danaher Corp. | Add +9.2% | 3.72% | +0.23 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +23.6% | 2.30% | +0.12 |
| TSM Taiwan Semiconductor-SP ADR | Add +5.7% | 0.25% | +0.08 |
| ICLR Icon PLC | Add +18.2% | 1.68% | +0.04 |
| IWF iShares Russell 1000 Growth | Add +166.8% | 0.04% | +0.03 |
| TME Tencent Music Entertainm-ADR | New | 0.02% | +0.02 |
| EXPGY Experian PLC-Spons ADR | New | 0.02% | +0.02 |
| NSRGY Nestle SA-Spons ADR | Add +60.2% | 0.03% | +0.01 |
| UL Unilever PLC | Add +4.8% | 0.05% | +0.00 |
| IVV iShares Core S&P 500 ETF | New | 0.00% | +0.00 |
| XP XP Inc. Class A | Add +7.4% | 0.04% | −0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 47 | $10.2B | NVDA, GOOG, MSFT, AMZN, AAPL |
| Q1 2026 | 51 | $10.6B | NVDA, AMZN, MSFT, GOOG, V |
| Q4 2025 | 54 | $14.4B | NVDA, AMZN, MSFT, V, GOOG |
| Q3 2025 | 59 | $17.1B | MSFT, NVDA, AMZN, V, INTU |
| Q2 2025 | 55 | $19.4B | AMZN, MSFT, META, INTU, NVDA |
| Q1 2025 | 56 | $17.9B | AMZN, MSFT, V, META, INTU |
| Q4 2024 | 54 | $19.9B | AMZN, MSFT, V, INTU, UNH |
| Q3 2024 | 53 | $23.6B | AMZN, MSFT, V, UNH, SPGI |
| Q2 2024Amended | 52 | $22.7B | MSFT, AMZN, V, UNH, SPGI |
| Q1 2024 | 54 | $23.9B | MSFT, AMZN, V, UNH, INTU |