13F HOLDINGS REPORT
London & Capital Asset Management Ltd
Quarter ended Q3 2025 · Filed November 12, 2025 · Accession 0001172661-25-004704
Total Value
$1.40B
Positions
81
Other Managers
1
Confidential Omitted
No
Holdings (81)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | MICROSOFT CORP | MSFT | 202,996 | $105.1M | 7.51% |
| 2 | ALPHABET INC | GOOG | 387,319 | $94.3M | 6.74% |
| 3 | SPDR GOLD TR | GLD | 231,790 | $82.4M | 5.89% |
| 4 | AMAZON COM INC | AMZN | 374,166 | $82.2M | 5.87% |
| 5 | INTERNATIONAL BUSINESS MACHS | INTR | 211,425 | $59.7M | 4.26% |
| 6 | THERMO FISHER SCIENTIFIC INC | TMO | 120,987 | $58.7M | 4.19% |
| 7 | VISA INC | V | 151,643 | $51.8M | 3.70% |
| 8 | CME GROUP INC | CME | 191,469 | $51.7M | 3.70% |
| 9 | FERGUSON ENTERPRISES INC | FERG | 221,186 | $49.7M | 3.55% |
| 10 | GE AEROSPACE | 369604301 | 148,504 | $44.7M | 3.19% |
| 11 | GE VERNOVA INC | GEV | 71,973 | $44.3M | 3.16% |
| 12 | UNITEDHEALTH GROUP INC | UNH | 125,120 | $43.2M | 3.09% |
| 13 | MARSH & MCLENNAN COS INC | 571748102 | 213,194 | $43.0M | 3.07% |
| 14 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 147,968 | $41.3M | 2.95% |
| 15 | SYNOPSYS INC | SNPS | 81,945 | $40.4M | 2.89% |
| 16 | INTERACTIVE BROKERS GROUP IN | 45841N107 | 580,925 | $40.0M | 2.86% |
| 17 | YUM CHINA HLDGS INC | YUMC | 902,559 | $38.7M | 2.77% |
| 18 | AMERICAN EXPRESS CO | AXP | 113,538 | $37.7M | 2.69% |
| 19 | UNITED RENTALS INC | URI | 39,133 | $37.4M | 2.67% |
| 20 | VANECK ETF TRUST | 92189F106 | 482,359 | $36.9M | 2.63% |
| 21 | ADVANCED MICRO DEVICES INC | AMD | 207,654 | $33.6M | 2.40% |
| 22 | VULCAN MATLS CO | 929160109 | 108,087 | $33.2M | 2.38% |
| 23 | INTUIT | INTU | 46,215 | $31.6M | 2.25% |
| 24 | INTERCONTINENTAL EXCHANGE IN | 45866F104 | 186,338 | $31.4M | 2.24% |
| 25 | APPLE INC | AAPL | 56,879 | $14.5M | 1.03% |
| 26 | WASTE MGMT INC DEL | 94106L109 | 49,445 | $10.9M | 0.78% |
| 27 | ALPHABET INC | GOOG | 44,415 | $10.8M | 0.77% |
| 28 | QUALCOMM INC | QCOM | 58,570 | $9.7M | 0.70% |
| 29 | CAPITAL ONE FINL CORP | 14040H105 | 40,856 | $8.7M | 0.62% |
| 30 | PACCAR INC | PCAR | 87,997 | $8.7M | 0.62% |
| 31 | ISHARES TR | 46429B671 | 127,384 | $8.4M | 0.60% |
| 32 | AMPLIFY ETF TR | 032108649 | 300,000 | $6.9M | 0.49% |
| 33 | VERIZON COMMUNICATIONS INC | VZ | 154,577 | $6.8M | 0.49% |
| 34 | CADENCE DESIGN SYSTEM INC | CDNS | 19,086 | $6.7M | 0.48% |
| 35 | VANGUARD INDEX FDS | 922908363 | 10,943 | $6.7M | 0.48% |
| 36 | TESLA INC | TSLA | 14,294 | $6.4M | 0.45% |
| 37 | MASTERCARD INCORPORATED | MA | 10,270 | $5.8M | 0.42% |
| 38 | OREILLY AUTOMOTIVE INC | 67103H107 | 40,985 | $4.4M | 0.32% |
| 39 | T-MOBILE US INC | TMUSZ | 17,627 | $4.2M | 0.30% |
| 40 | CHENIERE ENERGY INC | LNG | 17,133 | $4.0M | 0.29% |
| 41 | ISHARES TR | 464287184 | 94,889 | $3.9M | 0.28% |
| 42 | NVIDIA CORPORATION | NVDA | 20,890 | $3.9M | 0.28% |
| 43 | UBER TECHNOLOGIES INC | UBER | 38,513 | $3.8M | 0.27% |
| 44 | VANGUARD INTL EQUITY INDEX F | 922042742 | 27,253 | $3.8M | 0.27% |
| 45 | BITMINE IMMERSION TECNOLOGIE | 09175A206 | 71,000 | $3.7M | 0.26% |
| 46 | WEC ENERGY GROUP INC | WEC | 31,498 | $3.6M | 0.26% |
| 47 | BANK AMERICA CORP | 060505104 | 58,181 | $3.0M | 0.21% |
| 48 | VANGUARD SPECIALIZED FUNDS | 921908844 | 13,611 | $2.9M | 0.21% |
| 49 | DISNEY WALT CO | 254687106 | 25,645 | $2.9M | 0.21% |
| 50 | GE HEALTHCARE TECHNOLOGIES I | GEHC | 38,271 | $2.9M | 0.21% |
| 51 | VANECK ETF TRUST | 92189F791 | 20,000 | $2.0M | 0.14% |
| 52 | PAYPAL HLDGS INC | PYPL | 28,409 | $1.9M | 0.14% |
| 53 | AUTOLIV INC | ALV | 14,902 | $1.8M | 0.13% |
| 54 | TJX COS INC NEW | 872540109 | 12,360 | $1.8M | 0.13% |
| 55 | PEPSICO INC | PEP | 10,443 | $1.5M | 0.10% |
| 56 | VANGUARD INTL EQUITY INDEX F | 922042775 | 19,511 | $1.4M | 0.10% |
| 57 | KONINKLIJKE PHILIPS N V | RYLPF | 47,843 | $1.3M | 0.09% |
| 58 | SANOFI SA | SNYNF | 26,110 | $1.2M | 0.09% |
| 59 | DIMENSIONAL ETF TRUST | 25434V401 | 15,741 | $1.1M | 0.08% |
| 60 | WELLS FARGO CO NEW | 949746101 | 13,179 | $1.1M | 0.08% |
| 61 | PLANET LABS PBC | PL-WT | 80,000 | $1.0M | 0.07% |
| 62 | SHELL PLC | RYDAF | 14,125 | $1.0M | 0.07% |
| 63 | EMBOTELLADORA ANDINA S A | 29081P303 | 42,000 | $994,560 | 0.07% |
| 64 | VANGUARD TAX-MANAGED FDS | 921943858 | 16,407 | $983,107 | 0.07% |
| 65 | VANGUARD INTL EQUITY INDEX F | 922042858 | 18,106 | $980,983 | 0.07% |
| 66 | CIPHER MINING INC | 17253J106 | 75,000 | $944,250 | 0.07% |
| 67 | ISHARES INC | 46434G764 | 13,723 | $926,440 | 0.07% |
| 68 | COURSERA INC | COUR | 68,541 | $802,615 | 0.06% |
| 69 | ISHARES BITCOIN TRUST ETF | IBIT | 11,807 | $767,455 | 0.05% |
| 70 | ISHARES INC | 46434G103 | 10,797 | $711,738 | 0.05% |
| 71 | ISHARES SILVER TR | SLV | 16,430 | $696,139 | 0.05% |
| 72 | CORE SCIENTIFIC INC NEW | 21874A106 | 37,500 | $672,750 | 0.05% |
| 73 | ITAU UNIBANCO HLDG S A | 465562106 | 82,500 | $605,550 | 0.04% |
| 74 | SIXTH STREET SPECIALTY LENDI | TSLX | 19,400 | $443,484 | 0.03% |
| 75 | T ROWE PRICE ETF INC | 87283Q867 | 10,070 | $379,637 | 0.03% |
| 76 | ARROWHEAD PHARMACEUTICALS IN | ARWR | 10,700 | $369,043 | 0.03% |
| 77 | BLACKSTONE SECD LENDING FD | BX | 14,111 | $367,874 | 0.03% |
| 78 | KIMBELL RTY PARTNERS LP | 49435R102 | 25,000 | $337,250 | 0.02% |
| 79 | COUPANG INC | CPNG | 10,166 | $327,345 | 0.02% |
| 80 | INTUITIVE MACHINES INC | LUNR | 27,000 | $284,040 | 0.02% |
| 81 | INVESCO ACTVELY MNGD ETC FD | IVZ | 16,810 | $225,758 | 0.02% |