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WELLCOME TRUST LTD (THE) as trustee of the WELLCOME TRUST

215 EUSTON ROAD, LONDON, X0 NW1 2BE • 011 44 20 7611 8888

Q1 2026 · Filed 2026-04-22
Market Value
$8.1B
-12.7%
Holdings
21
+1
New Purchases
1
Added To
1
Closed
1
Reduced
0
Top 10 Concentration
70.6%
Turnover
9.5%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
LIN 6.90% 5.18% +1.72% $555M
JNJ 4.86% 3.59% +1.27% $391M
CSCO 5.78% 5.01% +0.77% $466M
PEP 3.86% 3.11% +0.74% $311M
AAPL 8.82% 8.25% +0.57% $711M
BRK-A 6.24% 5.73% +0.51% $503M
MA 4.16% 3.68% +0.47% $335M
EW 4.77% 4.44% +0.34% $384M
GOOGL 6.43% 6.11% +0.32% $518M
GOOG 6.41% 6.12% +0.29% $516M
AMZN 8.53% 8.26% +0.28% $687M
MDLN 0.08% 0.00% +0.08% $7M
NMRA 0.08% 0.06% +0.02% $6M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
ADBE 0.00% 2.85% -2.85% $0
DASH 5.59% 7.37% -1.77% $450M
MSFT 6.90% 7.86% -0.97% $555M
NOW 2.92% 3.74% -0.82% $235M
ACN 2.71% 3.20% -0.49% $218M
ABT 3.98% 4.24% -0.26% $321M
V 9.01% 9.13% -0.12% $725M
NKE 1.97% 2.07% -0.10% $158M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Technology 27.1%
Financial Services 19.4%
Communication Services 18.4%
Healthcare 13.8%
Consumer Cyclical 10.5%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 12 $6.3B 77.9%
Large Cap 8 $1.8B 22.0%
Small Cap 1 $6M 0.1%

Portfolio Analytics

Avg Market Cap
$1.1T
Median Market Cap
$239.4B
Avg P/E
32.1
Median P/E
28.9
Avg Dividend Yield
0.01%
Avg Beta
1.03
# Stocks
21
# ETFs / Funds
0

Top Holdings (21 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 V 9.01% 2,400,000 $725M $302.24 -$116M
2 AAPL 8.82% 2,800,000 $711M $253.79 -$51M
3 AMZN 8.53% 3,300,000 $687M $208.27 -$74M
4 MSFT 6.90% 1,500,000 $555M $370.17 -$170M
5 LIN 6.90% 1,120,000 $555M $495.76 $78M
6 GOOGL 6.43% 1,800,000 $518M $287.56 -$46M
7 GOOG 6.41% 1,800,000 $516M $286.86 -$48M
8 BRK-A 6.24% 700 $503M $718,140.00 -$26M
9 CSCO 5.78% 6,000,000 $466M $77.59 $3M
10 DASH 5.59% 3,000,000 $450M $150.15 -$229M
11 JNJ 4.86% 1,600,000 $391M $244.44 $60M
12 EW 4.77% 4,800,000 $384M $80.08 -$25M
13 MA 4.16% 670,000 $335M $499.66 -$5M +75,000 +12.6%
14 ABT 3.98% 3,125,000 $321M $102.67 -$71M
15 PEP 3.86% 2,000,000 $311M $155.29 $24M
16 NOW 2.92% 2,250,000 $235M $104.55 -$109M
17 ACN 2.71% 1,100,000 $218M $198.29 -$77M
18 NKE 1.97% 3,000,000 $158M $52.82 -$33M
19 MDLN 0.08% 146,602 $7M $44.50 +146,602 NEW
20 NMRA 0.08% 3,309,123 $6M $1.95 $529K
21 ADBE —% -$262M -750,000 -100.0% SOLD

New Positions

SymbolValue% Port
MDLN $7M 0.08%

Sold Out Positions

SymbolValue% Port
ADBE —%
View SEC EDGAR Filings for WELLCOME TRUST LTD (THE) as trustee of the WELLCOME TRUST →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms