Sustainable Growth Advisers, LP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 10, 2026), Sustainable Growth Advisers, LP reported 54 stock positions worth $14.4 billion. Its top holding was Nvidia (NVDA) at 7.7% of the portfolio, followed by Amazon.com (AMZN, 7.4%) and Microsoft (MSFT, 6.9%). Compared with Q3 2025, it opened 2 new positions, sold out of 7, added to 10 and reduced 41. The biggest buy was a new position in Broadcom (AVGO) and the biggest sale ServiceNow (NOW, shares −64%).
- Most Recent 13F
- Q2 2026
- Location
- STAMFORD, CT
- CIK
- 0001290668
- Portfolio Value
- $14.4B (Q4 2025)
- SEC Filing
- 0001290668-26-000001 ↗ filed Feb 10, 2026
Holdings Value
Holdings 54 stocks · $14.4B
| NVDA Nvidia Corp. | 7.73% | 5,974,213 | $1.1B | Reduce -6.8% |
| AMZN Amazon.com Inc. | 7.45% | 4,652,553 | $1.1B | Reduce -14.2% |
| MSFT Microsoft Corp. | 6.89% | 2,055,077 | $993.9M | Reduce -19.7% |
| V Visa Inc. Class A | 5.15% | 2,116,769 | $742.4M | Reduce -17.8% |
| GOOG Alphabet Inc. Class C | 4.66% | 2,143,689 | $672.7M | Reduce -11.9% |
| INTU Intuit Inc. | 4.41% | 959,601 | $635.7M | Reduce -23.1% |
| WM Waste Management Inc. | 4.22% | 2,768,350 | $608.2M | Reduce -15.1% |
| CRM Salesforce Inc. | 3.93% | 2,141,335 | $567.3M | Add +5.3% |
| META Meta Platforms Inc. Class A | 3.91% | 854,425 | $564.0M | Reduce -19.3% |
| SPGI S&P Global Inc. | 3.73% | 1,030,292 | $538.4M | Reduce -20.4% |
| SNPS Synopsys Inc. | 3.66% | 1,124,385 | $528.1M | Reduce -16.3% |
| CP Canadian Pacific Kansas City | 3.35% | 6,564,219 | $483.3M | Reduce -14.1% |
| UNH Unitedhealth Group Inc. | 3.26% | 1,422,511 | $469.6M | Reduce -13.3% |
| AON Aon PLC Class A | 2.99% | 1,221,467 | $431.0M | Reduce -7.3% |
| YUM Yum! Brands Inc. | 2.62% | 2,497,429 | $377.8M | Reduce -8.7% |
| DHR Danaher Corp. | 2.54% | 1,597,798 | $365.8M | Reduce -16.7% |
| CMG Chipotle Mexican Grill Inc. | 2.48% | 9,677,524 | $358.1M | Reduce -22.6% |
| AAPL Apple Inc. | 2.30% | 1,220,036 | $331.7M | Reduce -7.4% |
| IT Gartner Inc. | 2.17% | 1,243,148 | $313.6M | Reduce -15.3% |
| ARM Arm Holdings PLC-ADR | 2.02% | 2,668,130 | $291.7M | Reduce -7.4% |
| COO The Cooper Cos Inc. | 1.91% | 3,368,567 | $276.1M | Reduce -18.5% |
| NFLX Netflix Inc. | 1.68% | 2,578,897 | $241.8M | Add +64.4% |
| GWW WW Grainger Inc. | 1.61% | 229,695 | $231.8M | Reduce -8.6% |
| AXP American Express Co. | 1.59% | 617,890 | $228.6M | Reduce -23.6% |
| AVGO Broadcom Inc. | 1.55% | 647,922 | $224.2M | New |
| HDB HDFC Bank Ltd.-ADR | 1.45% | 5,710,975 | $208.7M | Reduce -47.7% |
| STE Steris PLC | 1.33% | 758,684 | $192.3M | Reduce -28.8% |
| NKE Nike Inc. Class B | 1.23% | 2,789,888 | $177.7M | Add +2.3% |
| NOW ServiceNow Inc. | 1.21% | 1,140,979 | $174.8M | Reduce -63.6% |
| ECL Ecolab Inc. | 1.17% | 645,018 | $169.3M | Reduce -7.3% |
| ALC Alcon Inc. filed as ALCON AG | 1.16% | 2,131,499 | $168.0M | Reduce -33.7% |
| SAP Sap SE-Sponsored ADR | 1.16% | 686,851 | $166.8M | Reduce -18.5% |
| MELI MercadoLibre Inc. | 1.08% | 77,283 | $155.7M | Reduce -17.0% |
| SE Sea Ltd.-ADR | 0.67% | 760,360 | $97.0M | New |
| BABA Alibaba Group Holding-SP ADR | 0.28% | 280,402 | $41.1M | Add +0.9% |
| TSM Taiwan Semiconductor-SP ADR | 0.28% | 133,526 | $40.6M | Reduce -52.6% |
| UL Unilever PLC-Sponsored ADR | 0.20% | 440,020 | $28.8M | Add +11.6% |
| GRAB Grab Holdings Ltd. Class A | 0.13% | 3,896,506 | $19.4M | Add +94.0% |
| FMX Fomento Economico Mex-SP ADR | 0.11% | 155,439 | $15.7M | Reduce -22.8% |
| WCN Waste Connections Inc. | 0.10% | 85,319 | $15.0M | Reduce -1.1% |
| LIN Linde PLC | 0.08% | 28,684 | $12.2M | Add +2.8% |
| XP XP Inc. Class A | 0.08% | 680,170 | $11.1M | Add +27.1% |
| SHOP Shopify Inc. Class A | 0.07% | 60,651 | $9.8M | Reduce -33.2% |
| WDAY Workday Inc. Class A | 0.05% | 36,299 | $7.8M | Reduce -4.5% |
| MMYT Makemytrip Ltd. | 0.05% | 90,984 | $7.5M | Add +51.3% |
| INFY Infosys Ltd.-SP ADR | 0.04% | 350,187 | $6.2M | Reduce -96.8% |
| TME Tencent Music Entertainm-ADR | 0.04% | 341,132 | $6.0M | Reduce -9.0% |
| IWF iShares Russell 1000 Growth | 0.03% | 10,027 | $4.7M | Add +237.2% |
| UNVGY Universal Music Gro-Unsp ADR | 0.03% | 342,750 | $4.5M | Reduce -52.5% |
| ADYEY Adyen NV-Unspon ADR | 0.03% | 227,836 | $3.6M | Reduce -40.5% |
| GOOGL Alphabet Inc. Class A | 0.02% | 10,582 | $3.3M | No change |
| EXPGY Experian PLC-Spons ADR | 0.02% | 72,210 | $3.3M | Reduce -52.5% |
| AAGIY Aia Group Ltd.-SP ADR | 0.02% | 71,286 | $2.9M | Reduce -56.8% |
| FRCOY Fast Retailing Co.-Unspon ADR | 0.02% | 77,646 | $2.8M | Reduce -59.6% |
Portfolio Sells Q3 2025 → Q4 2025
| NOW ServiceNow Inc. | Reduce -63.6% | 1.21% | −2.17 |
| INFY Infosys Ltd.-SP ADR | Reduce -96.8% | 0.04% | −0.99 |
| MSFT Microsoft Corp. | Reduce -19.7% | 6.89% | −0.87 |
| HDB HDFC Bank Ltd.-ADR | Reduce -47.7% | 1.45% | −0.74 |
| META Meta Platforms Inc. Class A | Reduce -19.3% | 3.91% | −0.64 |
| INTU Intuit Inc. | Reduce -23.1% | 4.41% | −0.58 |
| CMG Chipotle Mexican Grill Inc. | Reduce -22.6% | 2.48% | −0.38 |
| ARM Arm Holdings PLC-ADR | Reduce -7.4% | 2.02% | −0.36 |
| ALC Alcon Inc. | Reduce -33.7% | 1.16% | −0.24 |
| SNPS Synopsys Inc. | Reduce -16.3% | 3.66% | −0.22 |
| STE Steris PLC | Reduce -28.8% | 1.33% | −0.21 |
| MELI MercadoLibre Inc. | Reduce -17.0% | 1.08% | −0.20 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -52.6% | 0.28% | −0.18 |
| SAP Sap SE-Sponsored ADR | Reduce -18.5% | 1.16% | −0.16 |
| IT Gartner Inc. | Reduce -15.3% | 2.17% | −0.08 |
| TEAM Atlassian Corp. Class A | Sold out | 0.00% | −0.07 |
| UNH Unitedhealth Group Inc. | Reduce -13.3% | 3.26% | −0.06 |
| UNVGY Universal Music Gro-Unsp ADR | Reduce -52.5% | 0.03% | −0.03 |
| EXPGY Experian PLC-Spons ADR | Reduce -52.5% | 0.02% | −0.02 |
| AAGIY Aia Group Ltd.-SP ADR | Reduce -56.8% | 0.02% | −0.02 |
| FRCOY Fast Retailing Co.-Unspon ADR | Reduce -59.6% | 0.02% | −0.01 |
| SHOP Shopify Inc. Class A | Reduce -33.2% | 0.07% | −0.01 |
| ADYEY Adyen NV-Unspon ADR | Reduce -40.5% | 0.03% | −0.01 |
| TME Tencent Music Entertainm-ADR | Reduce -9.0% | 0.04% | −0.01 |
| FMX Fomento Economico Mex-SP ADR | Reduce -22.8% | 0.11% | −0.01 |
| ADSK Autodesk Inc. | Sold out | 0.00% | −0.00 |
| MSCI MSCI Inc. | Sold out | 0.00% | −0.00 |
| TMO Thermo Fisher Scientific Inc. | Sold out | 0.00% | −0.00 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.00 |
| SBUX Starbucks Corp. | Sold out | 0.00% | −0.00 |
| SHW The Sherwin-Williams Co. | Sold out | 0.00% | −0.00 |
| WM Waste Management Inc. | Reduce -15.1% | 4.22% | 0.00 |
| WDAY Workday Inc. Class A | Reduce -4.5% | 0.05% | +0.00 |
| V Visa Inc. Class A | Reduce -17.8% | 5.15% | +0.00 |
| AXP American Express Co. | Reduce -23.6% | 1.59% | +0.01 |
| WCN Waste Connections Inc. | Reduce -1.1% | 0.10% | +0.01 |
| CP Canadian Pacific Kansas City | Reduce -14.1% | 3.35% | +0.02 |
| SPGI S&P Global Inc. | Reduce -20.4% | 3.73% | +0.05 |
| ECL Ecolab Inc. | Reduce -7.3% | 1.17% | +0.06 |
| YUM Yum! Brands Inc. | Reduce -8.7% | 2.62% | +0.19 |
| GWW WW Grainger Inc. | Reduce -8.6% | 1.61% | +0.20 |
| AON Aon PLC Class A | Reduce -7.3% | 2.99% | +0.24 |
| COO The Cooper Cos Inc. | Reduce -18.5% | 1.91% | +0.26 |
| DHR Danaher Corp. | Reduce -16.7% | 2.54% | +0.31 |
| AAPL Apple Inc. | Reduce -7.4% | 2.30% | +0.34 |
| AMZN Amazon.com Inc. | Reduce -14.2% | 7.45% | +0.47 |
| NVDA Nvidia Corp. | Reduce -6.8% | 7.73% | +0.72 |
| GOOG Alphabet Inc. Class C | Reduce -11.9% | 4.66% | +1.19 |
Portfolio Buys Q3 2025 → Q4 2025
| AVGO Broadcom Inc. | New | 1.55% | +1.55 |
| CRM Salesforce Inc. | Add +5.3% | 3.93% | +1.11 |
| SE Sea Ltd.-ADR | New | 0.67% | +0.67 |
| NFLX Netflix Inc. | Add +64.4% | 1.68% | +0.58 |
| NKE Nike Inc. Class B | Add +2.3% | 1.23% | +0.12 |
| GRAB Grab Holdings Ltd. Class A | Add +94.0% | 0.13% | +0.06 |
| UL Unilever PLC-Sponsored ADR | Add +11.6% | 0.20% | +0.05 |
| IWF iShares Russell 1000 Growth | Add +237.2% | 0.03% | +0.02 |
| MMYT Makemytrip Ltd. | Add +51.3% | 0.05% | +0.02 |
| XP XP Inc. Class A | Add +27.1% | 0.08% | +0.02 |
| LIN Linde PLC | Add +2.8% | 0.08% | +0.01 |
| BABA Alibaba Group Holding-SP ADR | Add +0.9% | 0.28% | −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 |