WELLCOME TRUST LTD (THE) as trustee of the WELLCOME TRUST
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 24, 2025), WELLCOME TRUST LTD (THE) as trustee of the WELLCOME TRUST reported 20 stock positions worth $8.0 billion. Its top holding was Visa Class A (V) at 10.5% of the portfolio, followed by Amazon.com (AMZN, 7.8%) and Apple (AAPL, 7.8%). Compared with Q4 2024, it sold out of 1 and added to 1. The biggest buy was Adobe (ADBE, shares +1%) and the biggest sale an exit from Samsara Class A (IOT).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001026720
- Portfolio Value
- $8.0B (Q1 2025)
- SEC Filing
- 0001012975-25-000212 ↗ filed Apr 24, 2025
Holdings Value
Holdings 20 stocks · $8.0B
| V Visa Inc. Class A | 10.52% | 2,400,000 | $841.1M | No change |
| AMZN Amazon.com Inc. | 7.85% | 3,300,000 | $627.9M | No change |
| AAPL Apple Inc. | 7.78% | 2,800,000 | $622.0M | No change |
| MSFT Microsoft Corp. | 7.04% | 1,500,000 | $563.1M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 6.99% | 700 | $558.9M | No change |
| DASH DoorDash Inc. Class A | 6.85% | 3,000,000 | $548.3M | No change |
| LIN Linde PLC | 6.52% | 1,120,000 | $521.5M | No change |
| ABT Abbott Laboratories | 5.18% | 3,125,000 | $414.5M | No change |
| CSCO Cisco Systems Inc. | 4.63% | 6,000,000 | $370.3M | No change |
| EW Edwards Lifesciences Corp. | 4.35% | 4,800,000 | $347.9M | No change |
| ACN Accenture PLC Class A | 4.29% | 1,100,000 | $343.2M | No change |
| NOW ServiceNow Inc. | 4.23% | 425,000 | $338.4M | No change |
| MA Mastercard Inc. Class A | 3.80% | 555,000 | $304.2M | No change |
| PEP Pepsico Inc. | 3.75% | 2,000,000 | $299.9M | No change |
| GOOG Alphabet Inc. Class C | 3.52% | 1,800,000 | $281.2M | No change |
| ADBE Adobe Inc. | 3.49% | 728,038 | $279.2M | Add +1.1% |
| GOOGL Alphabet Inc. Class A | 3.48% | 1,800,000 | $278.4M | No change |
| JNJ Johnson & Johnson | 3.32% | 1,600,000 | $265.3M | No change |
| NKE Nike Inc. Class B | 2.38% | 3,000,000 | $190.4M | No change |
| NMRA Neumora Therapeutics Inc. | 0.04% | 3,309,123 | $3.3M | No change |
Portfolio Sells Q4 2024 → Q1 2025
| IOT Samsara Inc. Class A | Sold out | 0.00% | −0.22 |
Portfolio Buys Q4 2024 → Q1 2025
| ADBE Adobe Inc. | Add +1.1% | 3.49% | −0.38 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 20 | $9.0B | V, AAPL, AMZN, CSCO, GOOGL |
| Q1 2026 | 21 | $8.1B | V, AAPL, AMZN, MSFT, LIN |
| Q4 2025 | 21 | $9.3B | V, AMZN, AAPL, MSFT, DASH |
| Q3 2025 | 21 | $9.2B | V, DASH, MSFT, AMZN, AAPL |
| Q2 2025 | 20 | $8.7B | V, MSFT, DASH, AMZN, AAPL |
| Q1 2025 | 20 | $8.0B | V, AMZN, AAPL, MSFT, BRK.A |
| Q4 2024 | 21 | $8.3B | V, AMZN, AAPL, MSFT, DASH |
| Q3 2024 | 22 | $8.2B | AMZN, V, AAPL, MSFT, LIN |
| Q2 2024 | 23 | $7.8B | AMZN, MSFT, V, AAPL, LIN |
| Q1 2024 | 23 | $8.3B | MSFT, AMZN, V, LIN, BRK.A |