Sustainable Growth Advisers, LP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 6, 2025), Sustainable Growth Advisers, LP reported 56 stock positions worth $17.9 billion. Its top holding was Amazon.com (AMZN) at 7.0% of the portfolio, followed by Microsoft (MSFT, 6.5%) and Visa Class A (V, 6.4%). Compared with Q4 2024, it opened 3 new positions, sold out of 1, added to 20 and reduced 32. The biggest buy was Meta Platforms Class A (META, shares +23%) and the biggest sale MSCI (MSCI, shares −100%).
- Most Recent 13F
- Q2 2026
- Location
- STAMFORD, CT
- CIK
- 0001290668
- Portfolio Value
- $17.9B (Q1 2025)
- SEC Filing
- 0001290668-25-000002 ↗ filed May 6, 2025
Holdings Value
Holdings 56 stocks · $17.9B
| AMZN Amazon.com Inc. | 6.98% | 6,573,828 | $1.3B | Add +6.2% |
| MSFT Microsoft Corp. | 6.48% | 3,096,725 | $1.2B | Reduce -0.4% |
| V Visa Inc. Class A | 6.43% | 3,289,651 | $1.2B | Reduce -7.3% |
| META Meta Platforms Inc. Class A | 4.95% | 1,539,292 | $887.2M | Add +23.1% |
| INTU Intuit Inc. | 4.95% | 1,444,779 | $887.1M | Add +1.1% |
| UNH Unitedhealth Group Inc. | 4.79% | 1,637,999 | $857.9M | Reduce -1.2% |
| SPGI S&P Global Inc. | 4.35% | 1,535,939 | $780.4M | Reduce -5.8% |
| NVDA Nvidia Corp. | 4.31% | 7,136,607 | $773.5M | Add +38.8% |
| SNPS Synopsys Inc. | 3.77% | 1,575,732 | $675.8M | Add +2.4% |
| AON Aon PLC Class A | 3.55% | 1,592,962 | $635.7M | Reduce -29.6% |
| CP Canadian Pacific Kansas City | 3.28% | 8,363,710 | $587.2M | Reduce -4.9% |
| NOW ServiceNow Inc. | 3.21% | 723,457 | $576.0M | Add +96.7% |
| YUM Yum! Brands Inc. | 3.10% | 3,534,254 | $556.2M | Reduce -36.6% |
| AAPL Apple Inc. | 2.96% | 2,385,330 | $529.9M | Reduce -6.2% |
| HDB HDFC Bank Ltd.-ADR | 2.89% | 7,803,497 | $518.5M | Reduce -4.6% |
| DHR Danaher Corp. | 2.88% | 2,522,956 | $517.2M | Reduce -21.9% |
| GOOG Alphabet Inc. Class C | 2.44% | 2,801,414 | $437.7M | Reduce -2.7% |
| CRM Salesforce Inc. | 2.44% | 1,627,118 | $436.7M | Add +37.9% |
| WDAY Workday Inc. Class A | 2.42% | 1,858,544 | $434.0M | Reduce -30.1% |
| WM Waste Management Inc. | 2.41% | 1,863,378 | $431.4M | Reduce -7.3% |
| NVO Novo-Nordisk A/S-Spons ADR | 2.15% | 5,543,246 | $384.9M | Add +3.8% |
| TMO Thermo Fisher Scientific Inc. | 1.75% | 632,040 | $314.5M | Reduce -11.3% |
| ALC Alcon Inc. filed as ALCON AG | 1.67% | 3,153,785 | $299.4M | Reduce -16.5% |
| STE Steris PLC | 1.66% | 1,316,062 | $298.3M | Reduce -4.9% |
| MELI MercadoLibre Inc. | 1.65% | 151,317 | $295.2M | Add +9.2% |
| IT Gartner Inc. | 1.58% | 676,325 | $283.9M | Add +26.3% |
| INFY Infosys Ltd.-SP ADR | 1.51% | 14,877,543 | $271.5M | Add +50.2% |
| ICLR Icon PLC | 1.48% | 1,511,838 | $264.6M | Reduce -5.1% |
| AXP American Express Co. | 1.24% | 827,494 | $222.6M | Reduce -17.6% |
| NFLX Netflix Inc. | 1.15% | 222,016 | $207.0M | Reduce -5.3% |
| ADSK Autodesk Inc. | 1.07% | 730,597 | $191.3M | Reduce -62.4% |
| SBUX Starbucks Corp. | 1.05% | 1,928,154 | $189.1M | Reduce -7.9% |
| ECL Ecolab Inc. | 1.00% | 709,141 | $179.8M | Reduce -44.1% |
| ARM Arm Holdings PLC-ADR | 0.95% | 1,594,594 | $170.3M | New |
| TSM Taiwan Semiconductor-SP ADR | 0.51% | 554,775 | $92.1M | Add +116.8% |
| FMX Fomento Economico Mex-SP ADR | 0.15% | 270,487 | $26.4M | Reduce -7.5% |
| WCN Waste Connections Inc. | 0.10% | 92,889 | $18.1M | Add +38.8% |
| SAP Sap SE-Sponsored ADR | 0.10% | 65,334 | $17.5M | Reduce -6.9% |
| LIN Linde PLC | 0.08% | 30,663 | $14.3M | Reduce -10.3% |
| SHOP Shopify Inc. Class A | 0.06% | 115,085 | $11.0M | Add +7.8% |
| TEAM Atlassian Corp. Class A | 0.06% | 50,223 | $10.7M | Reduce -87.6% |
| UL Unilever PLC | 0.06% | 166,554 | $9.9M | Reduce 0.0% |
| XP XP Inc. Class A | 0.05% | 671,993 | $9.2M | Add +13.8% |
| UNVGY Universal Music Gro-Unsp ADR | 0.05% | 634,244 | $8.7M | Add +4.3% |
| TME Tencent Music Entertainm-ADR | 0.05% | 591,536 | $8.5M | Add +41.5% |
| EXPGY Experian PLC-Spons ADR | 0.04% | 155,671 | $7.2M | Add +103.0% |
| LVMUY LVMH Moet Hennessy-Unsp ADR | 0.04% | 55,380 | $6.9M | Add +36.1% |
| IWF iShares Russell 1000 Growth | 0.04% | 18,562 | $6.7M | Reduce -0.3% |
| GRAB Grab Holdings Ltd. Class A | 0.03% | 1,361,124 | $6.2M | New |
| AAGIY Aia Group Ltd.-SP ADR | 0.03% | 192,895 | $5.8M | No change |
| BABA Alibaba Group Holding-SP ADR | 0.03% | 35,692 | $4.7M | New |
| GOOGL Alphabet Inc. Class A | 0.01% | 11,971 | $1.9M | Reduce -6.6% |
| MSCI MSCI Inc. | 0.00% | 1,410 | $797K | Reduce -99.8% |
| IVV iShares Core S&P 500 ETF | 0.00% | 845 | $475K | Reduce -4.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.00% | 952 | $353K | Add +12.4% |
| SHW The Sherwin-Williams Co. | 0.00% | 583 | $204K | Reduce -4.4% |
Portfolio Sells Q4 2024 → Q1 2025
| MSCI MSCI Inc. | Reduce -99.8% | 0.00% | −2.84 |
| ADSK Autodesk Inc. | Reduce -62.4% | 1.07% | −1.81 |
| WDAY Workday Inc. Class A | Reduce -30.1% | 2.42% | −1.02 |
| DHR Danaher Corp. | Reduce -21.9% | 2.88% | −0.84 |
| YUM Yum! Brands Inc. | Reduce -36.6% | 3.10% | −0.65 |
| AON Aon PLC Class A | Reduce -29.6% | 3.55% | −0.53 |
| ECL Ecolab Inc. | Reduce -44.1% | 1.00% | −0.49 |
| TEAM Atlassian Corp. Class A | Reduce -87.6% | 0.06% | −0.44 |
| GOOG Alphabet Inc. Class C | Reduce -2.7% | 2.44% | −0.31 |
| AXP American Express Co. | Reduce -17.6% | 1.24% | −0.25 |
| AAPL Apple Inc. | Reduce -6.2% | 2.96% | −0.24 |
| ICLR Icon PLC | Reduce -5.1% | 1.48% | −0.20 |
| TMO Thermo Fisher Scientific Inc. | Reduce -11.3% | 1.75% | −0.10 |
| MSFT Microsoft Corp. | Reduce -0.4% | 6.48% | −0.09 |
| NSRGY Nestle SA-Spons ADR | Sold out | 0.00% | −0.03 |
| GOOGL Alphabet Inc. Class A | Reduce -6.6% | 0.01% | −0.00 |
| IWF iShares Russell 1000 Growth | Reduce -0.3% | 0.04% | −0.00 |
| IVV iShares Core S&P 500 ETF | Reduce -4.1% | 0.00% | 0.00 |
| SHW The Sherwin-Williams Co. | Reduce -4.4% | 0.00% | +0.00 |
| LIN Linde PLC | Reduce -10.3% | 0.08% | +0.01 |
| UL Unilever PLC | Reduce 0.0% | 0.06% | +0.01 |
| SAP Sap SE-Sponsored ADR | Reduce -6.9% | 0.10% | +0.01 |
| FMX Fomento Economico Mex-SP ADR | Reduce -7.5% | 0.15% | +0.02 |
| ALC Alcon Inc. | Reduce -16.5% | 1.67% | +0.06 |
| CP Canadian Pacific Kansas City | Reduce -4.9% | 3.28% | +0.08 |
| SBUX Starbucks Corp. | Reduce -7.9% | 1.05% | +0.10 |
| NFLX Netflix Inc. | Reduce -5.3% | 1.15% | +0.11 |
| STE Steris PLC | Reduce -4.9% | 1.66% | +0.24 |
| HDB HDFC Bank Ltd.-ADR | Reduce -4.6% | 2.89% | +0.27 |
| SPGI S&P Global Inc. | Reduce -5.8% | 4.35% | +0.28 |
| WM Waste Management Inc. | Reduce -7.3% | 2.41% | +0.37 |
| UNH Unitedhealth Group Inc. | Reduce -1.2% | 4.79% | +0.58 |
| V Visa Inc. Class A | Reduce -7.3% | 6.43% | +0.81 |
Portfolio Buys Q4 2024 → Q1 2025
| META Meta Platforms Inc. Class A | Add +23.1% | 4.95% | +1.28 |
| NOW ServiceNow Inc. | Add +96.7% | 3.21% | +1.26 |
| ARM Arm Holdings PLC-ADR | New | 0.95% | +0.95 |
| NVDA Nvidia Corp. | Add +38.8% | 4.31% | +0.85 |
| MELI MercadoLibre Inc. | Add +9.2% | 1.65% | +0.47 |
| CRM Salesforce Inc. | Add +37.9% | 2.44% | +0.46 |
| INTU Intuit Inc. | Add +1.1% | 4.95% | +0.44 |
| INFY Infosys Ltd.-SP ADR | Add +50.2% | 1.51% | +0.43 |
| IT Gartner Inc. | Add +26.3% | 1.58% | +0.28 |
| TSM Taiwan Semiconductor-SP ADR | Add +116.8% | 0.51% | +0.26 |
| AMZN Amazon.com Inc. | Add +6.2% | 6.98% | +0.16 |
| WCN Waste Connections Inc. | Add +38.8% | 0.10% | +0.04 |
| GRAB Grab Holdings Ltd. Class A | New | 0.03% | +0.03 |
| BABA Alibaba Group Holding-SP ADR | New | 0.03% | +0.03 |
| SNPS Synopsys Inc. | Add +2.4% | 3.77% | +0.02 |
| EXPGY Experian PLC-Spons ADR | Add +103.0% | 0.04% | +0.02 |
| TME Tencent Music Entertainm-ADR | Add +41.5% | 0.05% | +0.02 |
| XP XP Inc. Class A | Add +13.8% | 0.05% | +0.02 |
| LVMUY LVMH Moet Hennessy-Unsp ADR | Add +36.1% | 0.04% | +0.01 |
| UNVGY Universal Music Gro-Unsp ADR | Add +4.3% | 0.05% | +0.01 |
| SHOP Shopify Inc. Class A | Add +7.8% | 0.06% | +0.00 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +12.4% | 0.00% | +0.00 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +3.8% | 2.15% | −0.16 |
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 |