FLOSSBACH VON STORCH SE
Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q2 2025 ▲▼ | Q3 2025 ▲▼ | Change ▲▼ | Q2 2025 ▲▼ | Q3 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| ALPHABET - CLASS A(GOOG) | 6,665,699 | 6,812,930 | +147,231 | 1,174,696,541 | 1,656,222,101 | 6.53% | +481,525,560 |
| MERCADOLIBRE(MELI) | 10,270 | 181,719 | +171,449 | 26,841,980 | 424,666,400 | 1.67% | +397,824,420 |
| APPLE(AAPL) | 3,076,030 | 3,393,476 | +317,446 | 631,109,075 | 864,080,794 | 3.40% | +232,971,719 |
| ROPER TECHNOLOGIES(ROP) | 389,078 | 896,161 | +507,083 | 220,544,974 | 446,906,529 | 1.76% | +226,361,555 |
| LINDE(LIN) | 366,009 | 721,959 | +355,950 | 171,724,103 | 342,930,525 | 1.35% | +171,206,422 |
| TAIWAN SEMICONDUCTOR ADR(TSM) | 316,397 | 757,970 | +441,573 | 71,660,757 | 211,693,441 | 0.83% | +140,032,684 |
| THERMO FISHER SCIENTIFIC(TMO) | 2,727,021 | 2,516,098 | -210,923 | 1,105,697,935 | 1,220,357,852 | 4.81% | +114,659,917 |
| AMPHENOL | 9,938,382 | 8,807,348 | -1,131,034 | 981,415,223 | 1,089,909,315 | 4.29% | +108,494,092 |
| MICROSOFT(MSFT) | 3,418,400 | 3,409,081 | -9,319 | 1,700,346,344 | 1,765,733,504 | 6.96% | +65,387,160 |
| BERKSHIRE HATHAWAY B | 2,781,382 | 2,787,941 | +6,559 | 1,351,111,934 | 1,401,609,458 | 5.52% | +50,497,524 |
| CHARLES SCHWAB(SCHW) | 10,580,171 | 10,631,352 | +51,181 | 965,334,802 | 1,014,975,175 | 4.00% | +49,640,373 |
| BROADCOM(AVGO) | 257,267 | 353,013 | +95,746 | 70,915,649 | 116,462,519 | 0.46% | +45,546,870 |
| APPLIED MATERIALS | 2,461,720 | 2,408,464 | -53,256 | 450,667,080 | 493,108,919 | 1.94% | +42,441,839 |
| COPART(CPRT) | 1,135,122 | 2,147,849 | +1,012,727 | 55,700,437 | 96,588,770 | 0.38% | +40,888,333 |
| AMETEK | 3,785,676 | 3,783,841 | -1,835 | 685,055,929 | 711,362,108 | 2.80% | +26,306,179 |
| ANALOG DEVICES(ADI) | 426,142 | 517,199 | +91,057 | 101,430,319 | 127,075,794 | 0.50% | +25,645,475 |
| NVIDIA(NVDA) | 342,032 | 416,326 | +74,294 | 54,037,636 | 77,678,105 | 0.31% | +23,640,469 |
| META PLATFORMS(META) | 555,409 | 586,067 | +30,658 | 409,941,829 | 430,395,883 | 1.70% | +20,454,054 |
| IDEX(IEX) | 640,792 | 791,020 | +150,228 | 112,503,851 | 128,746,415 | 0.51% | +16,242,564 |
| ABBOTT LABORATORIES | 6,422,870 | 6,609,983 | +187,113 | 873,574,549 | 885,341,123 | 3.49% | +11,766,574 |
| MCDONALDS(MCD) | 318,413 | 344,769 | +26,356 | 93,030,726 | 104,771,851 | 0.41% | +11,741,125 |
| ESTEE LAUDER(EL) | 59,387 | 175,000 | +115,613 | 4,798,470 | 15,421,000 | 0.06% | +10,622,530 |
| FERRARI | 60,201 | 83,106 | +22,905 | 29,526,006 | 40,137,824 | 0.16% | +10,611,818 |
| MARKETAXESS(MKTX) | 23,000 | 79,000 | +56,000 | 5,136,820 | 13,765,750 | 0.05% | +8,628,930 |
| MSCI(MSCI) | 209,331 | 226,772 | +17,441 | 120,729,561 | 128,672,701 | 0.51% | +7,943,140 |
| ALIBABA GROUP ADR(BABA) | 184,000 | 155,000 | -29,000 | 20,867,440 | 27,703,150 | 0.11% | +6,835,710 |
| TRANE TECHNOLOGIES(TT) | 0 | 12,000 | +12,000 | 0 | 5,063,520 | 0.02% | +5,063,520 |
| ROSS STORES(ROST) | 108,115 | 116,042 | +7,927 | 13,793,312 | 17,683,640 | 0.07% | +3,890,328 |
| MEDTRONIC(MDT) | 1,341,102 | 1,265,609 | -75,493 | 116,903,861 | 120,536,601 | 0.47% | +3,632,740 |
| SPOTIFY TECHNOLOGY(SPOT) | 5,134 | 10,091 | +4,957 | 3,939,524 | 7,043,518 | 0.03% | +3,103,994 |
| ILLINOIS TOOL WORKS(ITW) | 266,791 | 263,592 | -3,199 | 65,964,075 | 68,734,250 | 0.27% | +2,770,175 |
| WALMART(WMT) | 410,122 | 412,285 | +2,163 | 40,101,729 | 42,490,092 | 0.17% | +2,388,363 |
| NU HOLDINGS(NU) | 800,000 | 800,000 | 0 | 10,976,000 | 12,808,000 | 0.05% | +1,832,000 |
| MAKEMYTRIP | 19,000 | 37,500 | +18,500 | 1,862,380 | 3,510,000 | 0.01% | +1,647,620 |
| AMERICAN EXPRESS(AXP) | 77,505 | 79,387 | +1,882 | 24,722,545 | 26,369,186 | 0.10% | +1,646,641 |
| OLD DOMINION FREIGHT LINE(ODFL) | 106,638 | 134,325 | +27,687 | 17,307,347 | 18,910,274 | 0.07% | +1,602,927 |
| O'REILLY AUTOMOTIVE(ORLY) | 67,505 | 68,918 | +1,413 | 6,084,226 | 7,430,050 | 0.03% | +1,345,824 |
| TRIP.COM GROUP ADR(TCOM) | 40,000 | 45,000 | +5,000 | 2,345,600 | 3,384,000 | 0.01% | +1,038,400 |
| INTL BUSINESS MACHINES(IBM) | 0 | 3,505 | +3,505 | 0 | 988,971 | 0.00% | +988,971 |
| BLACKSTONE(BX) | 45,000 | 45,000 | 0 | 6,731,100 | 7,688,250 | 0.03% | +957,150 |
| ELECTRONIC ARTS(EA) | 0 | 4,425 | +4,425 | 0 | 892,523 | 0.00% | +892,523 |
| CHECK POINT SOFTWARE | 0 | 4,017 | +4,017 | 0 | 831,157 | 0.00% | +831,157 |
| FORTINET(FTNT) | 0 | 9,753 | +9,753 | 0 | 820,032 | 0.00% | +820,032 |
| HOME DEPOT(HD) | 46,127 | 43,755 | -2,372 | 16,912,003 | 17,729,088 | 0.07% | +817,085 |
| PINDUODUO ADR(PDD) | 0 | 4,245 | +4,245 | 0 | 561,062 | 0.00% | +561,062 |
| CONOCOPHILLIPS(COP) | 96,966 | 97,856 | +890 | 8,701,729 | 9,256,199 | 0.04% | +554,470 |
| INFOSYS ADR(INFY) | 0 | 33,807 | +33,807 | 0 | 550,040 | 0.00% | +550,040 |
| 0,250 HALOZYME THERAPEUTICS 01.03.2027(HALO) | 0 | 0 | 0 | 1,495,025 | 2,008,962 | 0.01% | +513,937 |
| UBER TECHNOLOGIES(UBER) | 754,016 | 722,612 | -31,404 | 70,349,693 | 70,794,298 | 0.28% | +444,605 |
| COUPANG(CPNG) | 190,000 | 190,000 | 0 | 5,692,400 | 6,118,000 | 0.02% | +425,600 |
| NETEASE ADR(NTES) | 17,500 | 17,500 | 0 | 2,355,150 | 2,659,825 | 0.01% | +304,675 |
| MONDELEZ INTERNATIONAL(MDLZ) | 32,070 | 38,625 | +6,555 | 2,162,801 | 2,412,904 | 0.01% | +250,103 |
| VERIZON COMMUNICATIONS(VZ) | 356,179 | 356,179 | 0 | 15,411,865 | 15,654,067 | 0.06% | +242,202 |
| ORACLE(ORCL) | 0 | 840 | +840 | 0 | 236,242 | 0.00% | +236,242 |
| ALPHABET - CLASS C(GOOG) | 1,989 | 2,239 | +250 | 352,829 | 545,308 | 0.00% | +192,479 |
| BERKSHIRE HATHAWAY A | 4 | 4 | 0 | 2,915,200 | 3,016,800 | 0.01% | +101,600 |
| EXXON MOBIL | 335,684 | 321,523 | -14,161 | 36,186,735 | 36,251,718 | 0.14% | +64,983 |
| 0,000 FIVERR INTERNATIONAL 01.11.2025 | 0 | 0 | 0 | 2,694,093 | 2,738,230 | 0.01% | +44,137 |
| CADENCE DESIGN SYSTEMS(CDNS) | 997 | 997 | 0 | 307,226 | 350,206 | 0.00% | +42,980 |
| 0,000 SNAP 01.05.2027(SNAP) | 0 | 0 | 0 | 1,720,792 | 1,757,842 | 0.01% | +37,050 |
| TJX COMPANIES(TJX) | 131,535 | 112,462 | -19,073 | 16,243,257 | 16,255,257 | 0.06% | +12,000 |
| 0,000 UBER TECHNOLOGIES 15.12.2025(UBER) | 0 | 0 | 0 | 599,410 | 610,110 | 0.00% | +10,700 |
| COSTAR GROUP(CSGP) | 2,500 | 2,500 | 0 | 201,000 | 210,925 | 0.00% | +9,925 |
| 0,375 AKAMAI TECHNOLOGIES 01.09.2027(AKAM) | 0 | 0 | 0 | 876,186 | 863,480 | 0.00% | -12,706 |
| META PLATFORMS PUT(META)(Put) | 45 | 45 | 0 | 3,321,405 | 3,304,710 | — | -16,695 |
| KASPI.KZ(KSPI) | 21,500 | 21,500 | 0 | 1,825,135 | 1,756,120 | 0.01% | -69,015 |
| FEMSA ADR(FMX) | 20,000 | 20,000 | 0 | 2,059,600 | 1,972,600 | 0.01% | -87,000 |
| AIRBNB | 10,781 | 10,781 | 0 | 1,426,758 | 1,309,029 | 0.01% | -117,729 |
| 1,000 HALOZYME THERAPEUTICS 15.08.2028(HALO) | 0 | 0 | 0 | 458,395 | 282,066 | 0.00% | -176,329 |
| YUM CHINA HOLDINGS(YUMC) | 82,500 | 80,000 | -2,500 | 3,688,575 | 3,433,600 | 0.01% | -254,975 |
| 0,875 UBER TECHNOLOGIES 01.12.2028(UBER) | 0 | 0 | 0 | 714,385 | 294,961 | 0.00% | -419,424 |
| SCHLUMBERGER(SLB) | 59,798 | 45,731 | -14,067 | 2,021,172 | 1,571,774 | 0.01% | -449,398 |
| ICICI BANK ADR(IBN) | 160,000 | 160,000 | 0 | 5,382,400 | 4,836,800 | 0.02% | -545,600 |
| 0,125 SNAP 01.03.2028(SNAP) | 0 | 0 | 0 | 867,697 | 268,561 | 0.00% | -599,136 |
| GLOBANT | 19,000 | 19,000 | 0 | 1,725,960 | 1,090,220 | 0.00% | -635,740 |
| 0,250 ETSY 15.06.2028(ETSY) | 0 | 0 | 0 | 1,888,922 | 1,245,995 | 0.00% | -642,927 |
| 1,125 AKAMAI TECHNOLOGIES 15.02.2029(AKAM) | 0 | 0 | 0 | 2,574,963 | 1,601,974 | 0.01% | -972,989 |
| ADOBE(ADBE) | 50,109 | 51,714 | +1,605 | 19,386,170 | 18,242,114 | 0.07% | -1,144,056 |
| SMURFIT WESTROCK(SW) | 227,435 | 206,260 | -21,175 | 9,813,698 | 8,641,687 | 0.03% | -1,172,011 |
| 2,000 JAZZ INVESTMENTS 15.06.2026(JAZZ) | 0 | 0 | 0 | 1,216,871 | 0 | — | -1,216,871 |
| FASTENAL(FAST) | 201,536 | 130,667 | -70,869 | 8,464,512 | 6,407,910 | 0.03% | -2,056,602 |
| DANAHER(DHR) | 4,228,515 | 4,201,663 | -26,852 | 835,300,853 | 833,021,706 | 3.28% | -2,279,147 |
| INTUIT(INTU) | 15,322 | 13,840 | -1,482 | 12,068,067 | 9,451,474 | 0.04% | -2,616,593 |
| CHURCH & DWIGHT(CHD) | 148,613 | 127,863 | -20,750 | 14,283,195 | 11,204,635 | 0.04% | -3,078,560 |
| COCA-COLA(KO) | 863,021 | 869,928 | +6,907 | 61,058,736 | 57,693,625 | 0.23% | -3,365,111 |
| GRACO(GGG) | 3,337,450 | 3,337,450 | 0 | 286,920,577 | 283,549,752 | 1.12% | -3,370,825 |
| DOLLAR GENERAL(DG) | 981,383 | 1,046,937 | +65,554 | 112,250,588 | 108,200,939 | 0.43% | -4,049,649 |
| NETFLIX(NFLX) | 54,979 | 57,741 | +2,762 | 73,624,028 | 69,226,840 | 0.27% | -4,397,188 |
| COLGATE-PALMOLIVE(CL) | 315,928 | 301,906 | -14,022 | 28,717,855 | 24,134,366 | 0.10% | -4,583,489 |
| NASDAQ(NDAQ) | 1,172,990 | 1,126,905 | -46,085 | 104,888,766 | 99,674,747 | 0.39% | -5,214,019 |
| BECTON DICKINSON(BDX) | 211,226 | 165,320 | -45,906 | 36,383,679 | 30,942,944 | 0.12% | -5,440,735 |
| MASTERCARD(MA) | 608,204 | 590,809 | -17,395 | 341,774,156 | 336,058,067 | 1.32% | -5,716,089 |
| STRYKER(SYK) | 273,380 | 275,422 | +2,042 | 108,157,329 | 101,815,251 | 0.40% | -6,342,078 |
| HDFC BANK ADR(HDB) | 975,655 | 1,982,810 | +1,007,155 | 74,803,469 | 67,732,790 | 0.27% | -7,070,679 |
| AMAZON.COM(AMZN) | 6,843,320 | 6,803,957 | -39,363 | 1,501,356,478 | 1,493,944,690 | 5.89% | -7,411,788 |
| PAYPAL(PYPL) | 341,868 | 255,634 | -86,234 | 25,407,630 | 17,142,816 | 0.07% | -8,264,814 |
| SALESFORCE(CRM) | 841,028 | 924,010 | +82,982 | 229,339,925 | 218,990,370 | 0.86% | -10,349,555 |
| UNION PACIFIC(UNP) | 99,945 | 50,450 | -49,495 | 22,995,346 | 11,924,867 | 0.05% | -11,070,479 |
| AUTOMATIC DATA PROCESSING | 43,867 | 4,872 | -38,995 | 13,528,583 | 1,429,932 | 0.01% | -12,098,651 |
| STARBUCKS(SBUX) | 270,361 | 128,281 | -142,080 | 24,773,178 | 10,852,573 | 0.04% | -13,920,605 |