WELLCOME TRUST LTD (THE) as trustee of the WELLCOME TRUST
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 22, 2026), WELLCOME TRUST LTD (THE) as trustee of the WELLCOME TRUST reported 21 stock positions worth $9.3 billion. Its top holding was Visa Class A (V) at 9.0% of the portfolio, followed by Amazon.com (AMZN, 8.2%) and Apple (AAPL, 8.2%). Its holdings were unchanged from Q3 2025.
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001026720
- Portfolio Value
- $9.3B (Q4 2025)
- SEC Filing
- 0001012975-26-000068 ↗ filed Jan 22, 2026
Holdings Value
Holdings 21 stocks · $9.3B
| V Visa Inc. Class A | 9.04% | 2,400,000 | $841.7M | No change |
| AMZN Amazon.com Inc. | 8.18% | 3,300,000 | $761.7M | No change |
| AAPL Apple Inc. | 8.17% | 2,800,000 | $761.2M | No change |
| MSFT Microsoft Corp. | 7.79% | 1,500,000 | $725.4M | No change |
| DASH DoorDash Inc. Class A | 7.29% | 3,000,000 | $679.4M | No change |
| GOOG Alphabet Inc. Class C | 6.06% | 1,800,000 | $564.8M | No change |
| GOOGL Alphabet Inc. Class A | 6.05% | 1,800,000 | $563.4M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 5.67% | 700 | $528.4M | No change |
| LIN Linde PLC | 5.13% | 1,120,000 | $477.6M | No change |
| CSCO Cisco Systems Inc. | 4.96% | 6,000,000 | $462.2M | No change |
| EW Edwards Lifesciences Corp. | 4.39% | 4,800,000 | $409.2M | No change |
| ABT Abbott Laboratories | 4.20% | 3,125,000 | $391.5M | No change |
| NOW ServiceNow Inc. | 3.70% | 2,250,000 | $344.7M | No change |
| MA Mastercard Inc. Class A | 3.65% | 595,000 | $339.7M | No change |
| JNJ Johnson & Johnson | 3.55% | 1,600,000 | $331.1M | No change |
| ACN Accenture PLC Class A | 3.17% | 1,100,000 | $295.1M | No change |
| PEP Pepsico Inc. | 3.08% | 2,000,000 | $287.0M | No change |
| ADBE Adobe Inc. | 2.82% | 750,000 | $262.5M | No change |
| NKE Nike Inc. Class B | 2.05% | 3,000,000 | $191.1M | No change |
| KLAR Klarna Group PLC | 0.98% | 3,158,340 | $91.3M | No change |
| NMRA Neumora Therapeutics Inc. | 0.06% | 3,309,123 | $5.9M | No change |
Portfolio Sells Q3 2025 → Q4 2025
| None this quarter. | |||
Portfolio Buys Q3 2025 → Q4 2025
| None this quarter. | |||
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 |