Nicolai Tangen - AKO Capital LLP
Period:    Q1 2026
Portfolio date:    31 Mar 2026
No. of stocks:    27
Portfolio value:    $5,108,383,000
Holdings Activity Buys Sells    History
History Stock % of
Portfolio
Recent
Activity
Shares Reported
Price*
Value Current
Price
+/-
Reported
Price
52
Week
Low
52
Week
High
ALC - Alcon Inc. 13.62 Add 21.31% 9,324,656 $74.60 $695,604,000 $66.81 -10.44% $61.84 $92.55
AMZN - Amazon.com Inc. 7.06 Reduce 0.37% 1,731,170 $208.27 $360,551,000 $246.03 18.13% $196.00 $278.56
V - Visa Inc. 7.02 Reduce 17.46% 1,186,931 $302.24 $358,738,000 $323.57 7.06% $293.89 $375.51
ADI - Analog Devices 6.41 Reduce 17.51% 1,029,523 $318.14 $327,532,000 $401.39 26.17% $217.02 $439.70
RACE - Ferrari NV 6.08 Reduce 1.94% 926,523 $335.45 $310,801,000 $346.99 3.44% $312.51 $519.10
ICE - Intercontinental Exchange Inc. 5.75 Reduce 10.39% 1,867,549 $157.28 $293,728,000 $141.50 -10.03% $136.67 $189.35
GE - GE Aerospace 5.54 Reduce 10.14% 996,847 $283.77 $282,875,000 $328.00 15.59% $232.24 $348.48
MSFT - Microsoft Corp. 5.33 Reduce 27.97% 735,214 $370.17 $272,154,000 $416.67 12.56% $356.28 $555.45
WAT - Waters Corp. 4.76 Add 8.42% 816,929 $297.80 $243,281,000 $365.36 22.69% $275.05 $414.15
CSCO - Cisco Systems 4.62 Reduce 2.25% 3,043,637 $77.59 $236,156,000 $121.64 56.77% $63.87 $129.42
MCO - Moody's Corp. 4.36 Reduce 30.65% 510,824 $436.25 $222,847,000 $451.35 3.46% $402.28 $546.88
CP - Canadian Pacific Kansas City Ltd. 4.23 Reduce 7.09% 2,747,795 $78.66 $216,142,000 $89.93 14.33% $68.42 $91.50
BKNG - Booking Holdings Inc. 4.11 Add 16.64% 1,248,075 $168.41 $210,192,000 $165.84 -1.53% $150.14 $233.58
SUNB - Sunbelt Rentals Holdings, Inc. 4.06 Buy 3,185,284 $65.09 $207,330,000 $79.36 21.92% $61.03 $81.46
FICO - Fair Isaac Corp. 2.66 Add 12.79% 127,212 $1,067.54 $135,804,000 $1,137.33 6.54% $870.01 $1,998.01
WMB - Williams Cos. 2.53 Buy 1,775,909 $72.78 $129,251,000 $71.96 -1.13% $55.82 $80.08
SYK - Stryker Corp. 1.61 Buy 249,883 $328.59 $82,109,000 $305.66 -6.98% $281.00 $404.87
MA - Mastercard Inc. 1.52 Add 55.42% 155,592 $499.66 $77,743,000 $491.08 -1.72% $464.52 $601.77
EFX - Equifax Inc. 1.42 Reduce 47.28% 403,774 $180.07 $72,708,000 $172.13 -4.41% $156.47 $275.91
APD - Air Products & Chemicals 1.33 Buy 233,356 $290.49 $67,788,000 $282.35 -2.80% $229.11 $307.96
CSL - Carlisle Companies 1.32 Buy 201,377 $333.62 $67,183,000 $345.98 3.70% $293.43 $435.92
LIN - Linde plc 1.31 Add 899.04% 134,631 $495.76 $66,745,000 $507.90 2.45% $387.78 $521.28
CRM - Salesforce.com 1.30 Add 13.50% 354,805 $186.67 $66,231,000 $185.66 -0.54% $163.52 $276.80
FLUT - Flutter Entertainment Plc 0.97 Reduce 84.34% 487,027 $101.95 $49,652,000 $100.49 -1.43% $91.52 $313.69
MRSH - Marsh 0.89 Reduce 82.39% 261,527 $173.45 $45,362,000 $165.44 -4.62% $156.60 $233.50
CPRT - Copart Inc. 0.18 Reduce 95.44% 274,058 $33.20 $9,099,000 $30.96 -6.75% $29.97 $50.92
RELX - RELX plc 0.02 Buy 23,447 $33.14 $777,000 $35.15 6.07% $27.57 $54.37
* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
Sector % analysis
Technology 20.32
Healthcare 19.99
Financial Services 19.54
Consumer Cyclical 18.23
Industrials 16.76
Basic Materials 2.63
Energy 2.53