James Hambro & Partners LLP

Fundamental concentrated ★Highest signal CIK 1731152
League rank
#605
in Fundamental concentrated · #3400 overall
Long book
$2.55B
Q1 2026
Positions
57
Top-10 weight
60%
concentration
Last quarter
+12.0%
SPY +14.8%
Turnover
16%
of book per quarter

Strategy in plain words

auto-generated from filings

James Hambro & Partners LLP is a concentrated fundamental stock-picker, running a $2.55B US long book across 57 positions.

The portfolio is concentrated: the top 10 names carry 60% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: ALPHABET INC-CL C, JPMORGAN CHASE & CO, AMPHENOL CORP-CL A, AMAZON.COM INC, MICROSOFT CORP.

Over the last 9 quarters its long book ran on average 1.4pp per quarter behind the S&P 500, beating the index in 3 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
+3.4%
Q2 2024
+6.2%
Q3 2024
-0.7%
Q4 2024
-0.5%
Q1 2025
+7.1%
Q2 2025
+4.8%
Q3 2025
+3.5%
Q4 2025
-7.8%
Q1 2026
+12.0%

Sector allocation

Technology
37%
Financials
16%
Consumer discretionary
14%
Services media
13%
Healthcare
6%
Other
5%
Consumer staples
4%
Real estate
3%

Long book by quarter

$2.14B
Q1 2024
$2.15B
Q2 2024
$2.40B
Q3 2024
$2.53B
Q4 2024
$2.40B
Q1 2025
$2.53B
Q2 2025
$2.81B
Q3 2025
$2.80B
Q4 2025
$2.55B
Q1 2026

What does James Hambro own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
GOOG ALPHABET INC-CL CTechnology721.2K$206.8M8.1%-8.4%
JPM JPMORGAN CHASE & COFinancials664.9K$195.6M7.7%-3.8%
APH AMPHENOL CORP-CL ATechnology1.4M$179.5M7.0%-9.2%
AMZN AMAZON.COM INCConsumer discretionary786.6K$163.8M6.4%+5.0%
MSFT MICROSOFT CORPTechnology426.7K$157.9M6.2%+1.9%
NVDA NVIDIA CORPTechnology803.6K$140.1M5.5%+7.9%
V VISA INC-CLASS A SHARESServices media454.0K$137.2M5.4%-2.1%
AME AMETEK INCTechnology583.4K$125.0M4.9%-4.2%
TMO THERMO FISHER SCIENTIFIC INCOther240.7K$118.4M4.6%-0.3%
MCK MCKESSON CORPConsumer discretionary130.4K$112.8M4.4%+7.9%
ICE INTERCONTINENTAL EXCHANGE INFinancials686.5K$108.0M4.2%-4.8%
ISRG INTUITIVE SURGICAL INCHealthcare233.2K$107.6M4.2%-2.4%
PGR PROGRESSIVE CORPFinancials498.3K$98.8M3.9%-4.6%
KO COCA-COLA CO/THEConsumer staples1.3M$98.5M3.9%-6.4%
TXN TEXAS INSTRUMENTS INCTechnology494.7K$96.0M3.8%+0.8%
BN BROOKFIELD CORPReal estate2.1M$83.6M3.3%+4.0%
SPGI S&P GLOBAL INCServices media179.8K$76.5M3.0%-11.1%
SUNB SUNBELT RENTALS HOLDINGS INCServices media1.2M$73.1M2.9%New
TJX TJX COMPANIES INCConsumer discretionary439.0K$70.1M2.7%-35.9%
EMR EMERSON ELECTRIC COIndustrials483.4K$63.4M2.5%+134.0%
BDX BECTON DICKINSON AND COHealthcare193.7K$30.4M1.2%New
MELI MERCADOLIBRE INCServices media16.9K$29.2M1.1%-62.9%
GOOGL ALPHABET INC-CL ATechnology34.8K$10.0M0.4%-5.2%
IBM INTL BUSINESS MACHINES CORPTechnology35.7K$8.6M0.3%-29.5%
CVX CHEVRON CORPEnergy25.3K$5.2M0.2%+2.0%
MA MASTERCARD INC - AServices media4.6K$2.3M0.1%+3.0%
FERG FERGUSON ENTERPRISES INCConsumer discretionary5.5K$1.3M0.0%+2.0%
DHR DANAHER CORPTechnology6.3K$1.2M0.0%-92.5%
WMT WALMART INCConsumer discretionary9.4K$1.2M0.0%Held
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials1.8K$886K0.0%+32.5%
NOC NORTHROP GRUMMAN CORPTechnology1.0K$712K0.0%+16.4%
MRSH MARSH & MCLENNAN COSFinancials3.9K$669K0.0%-1.8%
AAPL APPLE INCTechnology2.4K$619K0.0%+3.0%
SYY SYSCO CORPConsumer discretionary7.0K$499K0.0%Held
ABBV ABBVIE INCHealthcare2.1K$454K0.0%+26.3%
JNJ JOHNSON & JOHNSONHealthcare1.7K$418K0.0%+16.6%
LLY ELI LILLY & COHealthcare446$410K0.0%+47.7%
WFC WELLS FARGO & COFinancials4.0K$320K0.0%Held
LMT LOCKHEED MARTIN CORPIndustrials474$286K0.0%New
XEL XCEL ENERGY INCUtilities3.4K$272K0.0%-32.5%
PEP PEPSICO INCConsumer staples1.7K$263K0.0%+20.2%
COHR COHERENT CORPOther1.1K$262K0.0%New
BAC BANK OF AMERICA CORPFinancials5.4K$261K0.0%Held
HD HOME DEPOT INCConsumer discretionary750$247K0.0%Held
ABT ABBOTT LABORATORIESHealthcare2.2K$225K0.0%+6.8%
XOM EXXON MOBIL CORPEnergy1.3K$224K0.0%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 22, 202657$2.55B canonicalSEC ↗
Q4 202513F-HRJan 15, 202655$2.80B canonicalSEC ↗
Q3 202513F-HROct 15, 202554$2.81B canonicalSEC ↗
Q2 202513F-HRJul 17, 202550$2.53B canonicalSEC ↗
Q1 202513F-HRApr 17, 202554$2.40B canonicalSEC ↗
Q4 202413F-HRJan 22, 202557$2.53B canonicalSEC ↗
Q3 202413F-HROct 21, 202456$2.40B canonicalSEC ↗
Q2 202413F-HRJul 16, 202453$2.15B canonicalSEC ↗
Q1 202413F-HRApr 26, 202452$2.14B canonicalSEC ↗