GENERATION INVESTMENT MANAGEMENT LLP

Fundamental concentrated ★Highest signal CIK 1375534
League rank
#777
in Fundamental concentrated · #6371 overall
Long book
$11.16B
Q1 2026
Positions
29
Top-10 weight
73%
concentration
Last quarter
+8.1%
SPY +14.8%
Turnover
23%
of book per quarter

Strategy in plain words

auto-generated from filings

GENERATION INVESTMENT MANAGEMENT LLP is a concentrated fundamental stock-picker, running a $11.16B US long book across 29 positions.

The portfolio is concentrated: the top 10 names carry 73% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: MICROSOFT CORP, DANAHER CORP, AMAZON.COM INC, MERCADOLIBRE INC, ALPHABET INC-CL A.

Over the last 9 quarters its long book ran on average 3.6pp per quarter behind the S&P 500, beating the index in 2 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-1.7%
Q2 2024
+9.1%
Q3 2024
-0.1%
Q4 2024
-3.9%
Q1 2025
+8.6%
Q2 2025
+3.7%
Q3 2025
+1.4%
Q4 2025
-17.5%
Q1 2026
+8.1%

Sector allocation

Technology
45%
Services media
20%
Healthcare
13%
Consumer discretionary
10%
Other
8%
Financials
2%
Communications
1%

Long book by quarter

$21.91B
Q1 2024
$20.78B
Q2 2024
$21.41B
Q3 2024
$19.17B
Q4 2024
$16.56B
Q1 2025
$15.73B
Q2 2025
$15.10B
Q3 2025
$14.42B
Q4 2025
$11.16B
Q1 2026

What does GENERATION INVESTMENT own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
MSFT MICROSOFT CORPTechnology4.5M$1.65B14.8%+8.3%
DHR DANAHER CORPTechnology7.3M$1.38B12.4%-4.2%
AMZN AMAZON.COM INCConsumer discretionary5.4M$1.13B10.1%+109.4%
MELI MERCADOLIBRE INCServices media457.6K$791.2M7.1%-0.2%
GOOGL ALPHABET INC-CL ATechnology2.0M$584.7M5.2%-28.1%
WST WEST PHARMACEUTICAL SERVICESHealthcare2.2M$562.4M5.0%+43.7%
WDAY WORKDAY INC-CLASS ATechnology4.2M$543.3M4.9%+1.6%
STE STERIS PLCHealthcare2.3M$510.5M4.6%+10.5%
TRMB TRIMBLE INCOther7.8M$507.5M4.5%+2.5%
V VISA INC-CLASS A SHARESServices media1.5M$457.8M4.1%+24.9%
TMO THERMO FISHER SCIENTIFIC INCOther773.6K$380.2M3.4%-30.4%
INTU INTUIT INCTechnology824.0K$356.3M3.2%New
COO COOPER COS INC/THEHealthcare4.6M$328.9M2.9%+61.4%
EFX EQUIFAX INCServices media1.8M$319.7M2.9%+13.0%
NTNX NUTANIX INC - ATechnology7.5M$285.2M2.6%+118.8%
MSCI MSCI INCServices media502.2K$270.7M2.4%+121.0%
SCHW SCHWAB (CHARLES) CORPFinancials2.7M$257.9M2.3%-65.0%
MCO MOODY'S CORPServices media366.4K$159.8M1.4%+62.2%
SPOT SPOTIFY TECHNOLOGY SACommunications328.0K$159.1M1.4%-1.5%
RELY REMITLY GLOBAL INCServices media7.7M$120.5M1.1%Held
TTAN SERVICETITAN INC-ATechnology1.8M$111.1M1.0%Held
ACN ACCENTURE PLC-CL AServices media518.4K$102.8M0.9%-78.4%
SOPH SOPHIA GENETICS SATechnology6.8M$33.6M0.3%Held
CTSH COGNIZANT TECH SOLUTIONS-ATechnology428.0K$26.3M0.2%+3.7%
CPNG COUPANG INCConsumer discretionary856.3K$16.2M0.1%+180.8%
FRSH FRESHWORKS INC-CL ATechnology703.4K$5.6M0.1%-2.5%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 202629$11.16B canonicalSEC ↗
Q4 202513F-HRFeb 12, 202633$14.42B canonicalSEC ↗
Q3 202513F-HRNov 10, 202533$15.10B canonicalSEC ↗
Q2 202513F-HRAug 7, 202537$15.73B canonicalSEC ↗
Q1 202513F-HRMay 15, 202538$16.56B canonicalSEC ↗
Q4 202413F-HRFeb 14, 202538$19.17B canonicalSEC ↗
Q3 202413F-HRNov 14, 202442$21.41B canonicalSEC ↗
Q2 202413F-HRAug 13, 202443$20.78B canonicalSEC ↗
Q1 202413F-HRMay 14, 202442$21.91B canonicalSEC ↗

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