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

CIK 1026720 · View on SEC EDGAR ↗

Portfolio value
$9.0B
#524 of 9,443 by 13F value · top 5.5%
Positions
20
As of
June 30, 2026

Portfolio value QoQ: +11.3% 13F does not disclose cash

Top 10 holdings weight
74.30%
Top 25 holdings weight
100.00%
Positions above 1%
18
Effective number of positions
15.3

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 0.08% Est. buys $97,178,543 · sells $6,523,789

Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 87.0% still held

New positions
0
Increased
2
Decreased
0
Closed
1
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Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+11.4%
S&P 500 total return (same window)
+28.1%
Excess return
-16.6%

Annualized: +7.5% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 93.8% · Options excluded: 0.0%

Sector breakdown

Technology
20.0%
Communication Services
14.2%
Financial Services
13.9%
Health Care
12.5%
Retail
8.7%
Communications
7.8%
Consumer Discretionary
7.5%
Materials
6.4%
Consumer Staples
3.0%
Other/Unmapped
5.8%

Full portfolio 20 positions

Type Streak 8Q trend
V Visa Inc. $823,416,000 9.14% 2,400,000 $98,040,000
AAPL Apple Inc. - Common Stock $810,208,000 8.99% 2,800,000 $99,596,000
AMZN Amazon.com, Inc. - Common Stock $786,522,000 8.73% 3,300,000 $99,231,000
CSCO Cisco Systems, Inc. - Common Stock $704,760,000 7.82% 6,000,000 $239,220,000
GOOGL Alphabet Inc. - Class A Common Stock $643,266,000 7.14% 1,800,000 $125,658,000
GOOG Alphabet Inc. - Class C Capital Stock $635,994,000 7.06% 1,800,000 $119,646,000
MSFT Microsoft Corporation - Common Stock $632,312,543 7.02% 1,695,117 $77,057,543 Up ×1
LIN Linde plc - Ordinary Shares $581,212,800 6.45% 1,120,000 $25,961,600
DASH DoorDash, Inc. - Common Stock $553,590,000 6.14% 3,000,000 $103,140,000
BRKA $524,195,000 5.82% 700 $21,497,000
EW Edwards Lifesciences Corporation Common Stock $434,208,000 4.82% 4,800,000 $49,824,000
JNJ Johnson & Johnson Common Stock $406,352,000 4.51% 1,600,000 $15,248,000
MA Mastercard Incorporated Common Stock $368,508,000 4.09% 717,500 $33,735,800 Up ×2
ABT Abbott Laboratories Common Stock $283,562,500 3.15% 3,125,000 $-37,281,250
PEP PepsiCo, Inc. - Common Stock $270,800,000 3.00% 2,000,000 $-39,780,000
NOW ServiceNow, Inc. Common Stock $223,380,000 2.48% 2,250,000 $-11,857,500
ACN Accenture plc Class A Ordinary Shares (Ireland) $136,884,000 1.52% 1,100,000 $-81,235,000
NKE Nike, Inc. Common Stock $123,150,000 1.37% 3,000,000 $-35,310,000
KLAR Klarna Group plc Ordinary Shares $63,924,802 0.71% 3,158,340 $22,582,131
NMRA Neumora Therapeutics, Inc. - Common Stock $5,625,509 0.06% 3,309,123 $-827,281

Top movers (QoQ)

Security Action Shares Δ Value Δ
CSCO Price move only +0 +$239.2M
GOOGL Price move only +0 +$125.7M
GOOG Price move only +0 +$119.6M
DASH Price move only +0 +$103.1M
AAPL Price move only +0 +$99.6M
AMZN Price move only +0 +$99.2M
V Price move only +0 +$98.0M
ACN Price move only +0 -$81.2M
MSFT Bought more +195K +$77.1M
EW Price move only +0 +$49.8M

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
ADBE March 31, 2026 750,000 $262,492,500 12.3%
IOT March 31, 2025 425,877 $18,606,566 -0.3%
MDLN June 30, 2026 146,602 $6,523,789 -16.4%