FLOSSBACH VON STORCH SE
Reported holdings as of Q3 2026, from 32 quarterly filings.
Holdings
Download these holdings as CSV
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| BERKSHIRE HATHAWAY INC DEL | BRKB | $1.2B | 2,451,783 | +0.53pp | 32q | -2.2%-$28.1M | |
| ALPHABET INC | GOOGL | $1.2B | 3,522,539 | -0.96pp | 32q | -20.1%-$304.8M | |
| MICROSOFT CORP | MSFT | $1.1B | 2,169,551 | -0.07pp | 32q | -36.1%-$628.5M | |
| AMAZON COM INC | AMZN | $1.1B | 4,311,228 | -0.47pp | 32q | -21.6%-$296.3M | |
| ABBOTT LABORATORIES | ABT | $892.7M | 9,032,294 | +0.46pp | 32q | -9.2%-$90.8M | |
| CHARLES SCHWAB CORP (THE) | SCHW | $873.5M | 8,936,661 | -0.03pp | 22q | -16.5%-$173.0M | |
| AMPHENOL CORP | APH | $797.1M | 9,455,421 | -0.46pp | 23q | -16.4%-$156.7M | |
| INTERCONTINENTAL EXCHANGE IN | ICE | $727.7M | 4,786,610 | +0.76pp | 23q | -9.3%-$74.9M | |
| STRYKER CORPORATION | SYK | $668.2M | 2,426,432 | +1.30pp | 32q | +64.5%+$261.9M | |
| AMETEK INC | AME | $646.4M | 2,609,096 | +0.29pp | 32q | -4.7%-$31.9M | |
| FORTIVE CORP | FTV | $645.2M | 11,771,552 | -0.06pp | 32q | -2.8%-$18.4M | |
| THERMO FISHER SCIENTIFIC INC | TMO | $614.5M | 910,320 | -1.20pp | 32q | -52.2%-$672.1M | |
| META PLATFORMS INC | META | $591.6M | 815,848 | +2.05pp | 32q | +116.2%+$317.9M | |
| S&P GLOBAL INC | SPGI | $576.5M | 1,461,580 | +0.03pp | 32q | -7.4%-$45.8M | |
| ANALOG DEVICES INC | ADI | $565.6M | 1,425,670 | +1.90pp | 10q | +162.5%+$350.1M | |
| ROPER TECHNOLOGIES INC | ROP | $491.5M | 1,406,691 | +0.47pp | 31q | +6.2%+$28.6M | |
| VISA INC | V | $483.0M | 1,344,306 | +0.10pp | 32q | -11.3%-$61.8M | |
| NIKE INC | NKE | $422.6M | 11,937,502 | -0.06pp | 32q | HELD | |
| LINDE PLC | LIN | $410.9M | 865,769 | +0.11pp | 10q | +2.5%+$9.8M | |
| ACCENTURE PLC IRELAND | ACN | $409.0M | 2,230,301 | +0.68pp | 21q | -10.4%-$47.6M | |
| DANAHER CORP DEL | DHR | $325.9M | 1,470,982 | -1.72pp | 32q | -62.5%-$543.3M | |
| APPLE INC | AAPL | $319.8M | 960,298 | -2.58pp | 32q | -70.1%-$750.7M | |
| PEPSICO INC | PEP | $313.3M | 2,472,175 | +0.03pp | 32q | -3.2%-$10.4M | |
| nan | MELI | $293.2M | 169,647 | +0.05pp | 32q | -9.7%-$31.5M | |
| ZOETIS INC | ZTS | $293.1M | 4,197,645 | +0.12pp | 2q | HELD | |
| MASTERCARD INCORPORATED | MA | $284.1M | 515,192 | +0.20pp | 32q | -3.8%-$11.2M | |
| MCDONALDS CORP | MCD | $233.0M | 1,009,034 | +0.42pp | 32q | +62.0%+$89.2M | |
| NVIDIA CORPORATION | NVDA | $217.4M | 951,769 | -0.67pp | 12q | -51.6%-$231.8M | |
| RALLIANT CORP | RAL | $187.3M | 2,707,213 | -0.05pp | 6q | -10.4%-$21.7M | |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | $180.2M | 394,920 | +0.08pp | 32q | +2.3%+$4.1M | |
| LULULEMON ATHLETICA INC | LULU | $173.2M | 1,801,026 | -0.06pp | 10q | -0.8%-$1.5M | |
| MEDTRONIC PLC | MDT | $163.3M | 1,892,980 | +0.45pp | 32q | +73.8%+$69.3M | |
| MAGNUM ICE CREAM CO NV | MICC | $152.1M | 8,544,309 | -0.21pp | 4q | -32.0%-$71.4M | |
| IDEX CORP | IEX | $139.7M | 612,907 | +0.05pp | 7q | -5.2%-$7.7M | |
| BROADCOM INC | AVGO | $135.1M | 384,669 | +0.03pp | 7q | HELD | |
| PROCTER & GAMBLE CO | PG | $128.7M | 885,758 | -0.69pp | 32q | -56.2%-$165.3M | |
| APPLIED MATLS INC | AMAT | $113.8M | 222,505 | -0.10pp | 14q | +7.6%+$8.0M | |
| SHERWIN WILLIAMS CO | SHW | $113.7M | 351,649 | -0.04pp | 23q | -11.4%-$14.6M | |
| MSCI INC | MSCI | $100.3M | 186,218 | +0.08pp | 19q | +10.0%+$9.1M | |
| JOHNSON & JOHNSON | JNJ | $89.5M | 338,111 | -0.20pp | 32q | -40.7%-$61.4M | |
| NASDAQ INC | NDAQ | $88.4M | 961,066 | +0.13pp | 23q | +7.8%+$6.4M | |
| DOLLAR GEN CORP | DG | $86.2M | 720,715 | +0.07pp | 27q | +2.2%+$1.9M | |
| INTUIT | INTU | $74.2M | 269,165 | -0.02pp | 28q | -20.1%-$18.6M | |
| HOME DEPOT INC | HD | $72.7M | 255,620 | +0.06pp | 26q | +33.2%+$18.1M | |
| COPART INC | CPRT | $72.0M | 2,639,677 | +0.05pp | 20q | +5.5%+$3.8M | |
| VERISK ANALYTICS INC | VRSK | $67.3M | 400,699 | +0.08pp | 25q | +23.9%+$13.0M | |
| 3M CO | MMM | $50.6M | 308,474 | -0.08pp | 32q | -32.9%-$24.8M | |
| TRANE TECHNOLOGIES PLC | TT | $48.9M | 108,294 | flat | 5q | -2.9%-$1.4M | |
| UBER TECHNOLOGIES INC | UBER | $44.7M | 652,119 | -0.03pp | 11q | -17.3%-$9.3M | |
| BLACKROCK INC | BLK | $42.4M | 40,018 | +0.03pp | 8q | -7.2%-$3.3M | |
| COCA COLA CO | KO | $42.3M | 491,264 | +0.03pp | 32q | -1.4%-$599.8K | |
| EXXONMOBIL HOLDINGS CORP | XOM | $40.8M | 250,435 | - | new | NEW | |
| TOTALENERGIES SE | TTE | $39.1M | 456,239 | +0.06pp | 4q | +14.8%+$5.0M | |
| BOOKING HOLDINGS INC | BKNG | $36.1M | 221,349 | -0.03pp | 32q | -14.5%-$6.1M | |
| AMERICAN EXPRESS CO | AXP | $31.7M | 104,215 | +0.02pp | 18q | +14.3%+$4.0M | |
| SPOTIFY TECHNOLOGY S A | SPOT | $30.9M | 63,403 | +0.01pp | 7q | -11.8%-$4.2M | |
| HDFC BANK LTD | HDB | $29.4M | 1,317,360 | +0.02pp | 32q | +15.6%+$4.0M | |
| INTERNATIONAL BUSINESS MACHS | IBM | $28.2M | 128,422 | -0.12pp | 5q | -38.4%-$17.6M | |
| GRACO INC | GGG | $27.9M | 363,093 | - | new | NEW | |
| SYNOPSYS INC | SNPS | $27.6M | 63,405 | - | new | NEW | |
| NETFLIX INC. | NFLX | $22.5M | 324,003 | -0.05pp | 22q | -34.9%-$12.1M | |
| COLGATE PALMOLIVE CO | CL | $22.2M | 259,986 | flat | 32q | -3.5%-$811.8K | |
| ILLINOIS TOOL WKS INC | ITW | $18.7M | 72,663 | flat | 27q | -9.5%-$2.0M | |
| WALMART INC | WMT | $17.1M | 165,010 | flat | 32q | -6.8%-$1.2M | |
| BECTON DICKINSON CO | BDX | $17.1M | 95,779 | +0.01pp | 32q | -18.1%-$3.8M | |
| BIONTECH SE | BNTX | $17.0M | 173,272 | -0.85pp | 19q | -92.2%-$201.8M | |
| CONOCOPHILLIPS | COP | $16.0M | 128,017 | +0.07pp | 32q | +441.5%+$13.1M | |
| MICRON TECHNOLOGY INC | MU | $15.5M | 14,585 | - | new | NEW | |
| TJX COS INC NEW | TJX | $14.8M | 111,655 | -0.04pp | 32q | -33.8%-$7.6M | |
| AUTOMATIC DATA PROCESSING IN | ADP | $14.7M | 56,849 | +0.01pp | 32q | -15.9%-$2.8M | |
| ROSS STORES INC | ROST | $13.0M | 55,797 | +0.01pp | 32q | +0.7%+$95.2K | |
| MOODYS CORP | MCO | $11.7M | 25,790 | +0.01pp | 24q | +6.4%+$703.9K | |
| DISNEY WALT CO | DIS | $10.8M | 103,330 | +0.01pp | 32q | +1.7%+$177.7K | |
| IDEXX LABS INC | IDXX | $9.0M | 17,194 | flat | 12q | HELD | |
| CADENCE DESIGN SYSTEM INC | CDNS | $8.8M | 26,650 | +0.04pp | 6q | +1607.2%+$8.3M | |
| VERIZON COMMUNICATIONS INC | VZ | $8.7M | 190,699 | +0.01pp | 32q | -3.5%-$314.2K | |
| FERRARI N V | RACE | $7.6M | 19,290 | -0.07pp | 23q | -68.9%-$16.8M | |
| FORTINET INC | FTNT | $6.4M | 35,890 | +0.02pp | 5q | +156.6%+$3.9M | |
| BLACKSTONE INC | BX | $5.0M | 45,000 | flat | 9q | HELD | |
| UNION PAC CORP | UNP | $5.0M | 18,460 | flat | 32q | -3.6%-$189.1K | |
| O'REILLY AUTOMOTIVE INC | ORLY | $5.0M | 58,699 | flat | 11q | -10.3%-$578.1K | |
| MONDELEZ INTL INC | MDLZ | $4.3M | 73,586 | flat | 30q | -2.4%-$104.1K | |
| SALESFORCE INC | CRM | $3.9M | 17,160 | -0.25pp | 32q | -95.6%-$84.9M | |
| AIRBNB INC | ABNB | $3.2M | 19,989 | -0.01pp | 12q | -57.2%-$4.3M | |
| BERKSHIRE HATHAWAY INC DEL | BRKA | $3.0M | 4 | flat | 32q | HELD | |
| INTUITIVE SURGICAL INC | ISRG | $2.9M | 7,125 | - | new | NEW | |
| CHECK POINT SOFTWARE TECH LT | CHKP | $1.3M | 10,517 | flat | 5q | +82.7%+$611.1K | |
| UBER TECHNOLOGIES INC | $1.0M | 900,000 | flat | 8q | DEBT | ||
| FASTENAL CO | FAST | $815.0K | 16,455 | - | new | NEW | |
| ALPHABET INC | GOOG | $796.6K | 2,338 | flat | 24q | HELD | |
| SNAP INC | $678.8K | 700,000 | flat | 18q | DEBT | ||
| OLD DOMINION FREIGHT LINE IN | ODFL | $549.2K | 3,159 | flat | 11q | HELD | |
| STARBUCKS CORP | SBUX | $531.7K | 5,659 | -0.07pp | 17q | -96.6%-$15.3M | |
| Max Smart Ltd | $393.2K | 400,000 | flat | 3q | DEBT | ||
| DEERE CO | DE | $336.4K | 501 | - | new | NEW | |
| INTUIT CALL | INTU | $330.9K | options only | flat | 3q | OPTIONS | |
| Alibaba Group Holding Limited | $250.8K | 200,000 | flat | 2q | DEBT |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Software & IT Services | $3.1B | 15.8% |
| Instruments & Controls | $3.0B | 15.1% |
| Business Services | $2.2B | 11.2% |
| Semiconductors & Electronics | $2.0B | 10.3% |
| Retail & Consumer | $1.9B | 9.5% |
| Capital Markets | $1.7B | 8.8% |
| Biotech & Pharma | $1.3B | 6.6% |
| Insurance | $1.2B | 6.2% |
| Chemicals | $984.4M | 5.0% |
| Medical Devices | $902.2M | 4.6% |
| Food, Drink & Tobacco | $511.9M | 2.6% |
| Computer Hardware | $354.5M | 1.8% |
| Other sectors | $465.9M | 2.4% |
| Not classified | $2.4M | 0.0% |
What the disclosed book did
This is not the fund's return. A 13F shows long US equity positions only, so shorts, bonds, foreign listings, private holdings and cash are all invisible here. What this measures is the quarter's change in value of the positions this manager disclosed, had they been left untouched - the return a reader following the filing would have earned.
| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2026 | +5.7% | +2.1% | +3.6% | 100% |
| Q2 2026 | +3.6% | +14.8% | -11.3% | 100% |
| Q1 2026 | -8.4% | -4.6% | -3.8% | 100% |
| Q4 2025 | +4.8% | +2.4% | +2.4% | 100% |
| Q3 2025 | +4.4% | +7.8% | -3.4% | 100% |
| Q2 2025 | +4.4% | +10.5% | -6.1% | 100% |
| Q1 2025 | -1.3% | -4.6% | +3.3% | 100% |
| Q4 2024 | +0.3% | +2.1% | -1.9% | 100% |
Market is SPY over the same two quarter ends, priced the same way as everything else here - the median across every filer reporting it. It is a large-cap US proxy, so a manager holding small caps or biotech will beat or trail it for reasons that are not skill. Prices are quarter-end to quarter-end and say nothing about the path in between, or about trades opened and closed inside a quarter.
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q3 2026 | $19.7B | 97 | 7 | 25 | 52 | 16 | 46.9% | 28 |
| Q2 2026 | $22.1B | 106 | 4 | 35 | 56 | 7 | 49.4% | 41 |
| Q1 2026 | $21.4B | 109 | 5 | 37 | 59 | 7 | 47.9% | 29 |
| Q4 2025 | $25.2B | 111 | 4 | 40 | 54 | 12 | 48.6% | 30 |
| Q3 2025 | $25.4B | 119 | 8 | 42 | 44 | 1 | 48.2% | 34 |
| Q2 2025 | $24.5B | 112 | 6 | 31 | 60 | 28 | 47.0% | 38 |
| Q1 2025 | $23.1B | 134 | 25 | 39 | 57 | 2 | 46.2% | 30 |
| Q4 2024 | $25.1B | 111 | 3 | 44 | 52 | 5 | 47.2% | 34 |
| Q3 2024 | $25.5B | 113 | 4 | 49 | 53 | 3 | 46.8% | 39 |
| Q2 2024 | $23.9B | 112 | 5 | 53 | 42 | 8 | 51.0% | 33 |
| Q1 2024 | $23.0B | 115 | 9 | 31 | 55 | 8 | 54.2% | 36 |
| Q4 2023 | $21.9B | 114 | 6 | 35 | 52 | 2 | 55.1% | 31 |
| Q3 2023 | $22.7B | 110 | 5 | 42 | 39 | 8 | 52.5% | 27 |
| Q2 2023 | $24.8B | 113 | 7 | 42 | 41 | 3 | 50.3% | 33 |
| Q1 2023 | $23.8B | 109 | 2 | 35 | 57 | 12 | 48.2% | 33 |
| Q4 2022 | $26.2B | 119 | 5 | 34 | 60 | 5 | 40.7% | 37 |
| Q3 2022 | $27.2B | 119 | 4 | 33 | 63 | 2 | 38.9% | 45 |
| Q2 2022 | $29.8B | 117 | 5 | 45 | 49 | 6 | 40.5% | 41 |
| Q1 2022 | $35.8B | 118 | 8 | 45 | 47 | 8 | 43.4% | 41 |
| Q4 2021 | $37.1B | 118 | 17 | 43 | 30 | 7 | 45.3% | 35 |
| Q3 2021 | $34.3B | 108 | 8 | 54 | 25 | 1 | 45.4% | 35 |
| Q2 2021 | $33.4B | 101 | 9 | 45 | 30 | 5 | 49.2% | 33 |
| Q1 2021 | $28.4B | 97 | 10 | 57 | 23 | 4 | 52.6% | 34 |
| Q4 2020 | $24.4B | 91 | 4 | 57 | 21 | 4 | 54.8% | 40 |
| Q3 2020 | $20.5B | 91 | 4 | 39 | 35 | 9 | 54.8% | 36 |
| Q2 2020 | $19.2B | 96 | 3 | 54 | 26 | 12 | 57.2% | 41 |
| Q1 2020 | $14.9B | 105 | 9 | 55 | 22 | 13 | 62.3% | 41 |
| Q4 2019 | $14.7B | 109 | 13 | 54 | 29 | 4 | 65.2% | 42 |
| Q3 2019 | $12.6B | 100 | 9 | 51 | 21 | 10 | 67.2% | 39 |
| Q2 2019 | $11.7B | 101 | 7 | 44 | 36 | 6 | 68.5% | 37 |
| Q1 2019 | $10.9B | 100 | 5 | 37 | 42 | 18 | 67.8% | 32 |
| Q4 2018 | $10.5B | 113 | 0 | 0 | 0 | 0 | 67.3% | 36 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.