Q2 2026 13F · SEC CIK 863748

Royal London Asset Management Ltd

Asset managerFiled 2026-08-13 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $54.3B
Reported positions: 678
Top holdings a year, 3 yrs: +25.0%
Average holding period: 5.6 yrs

Royal London Asset Management Ltd is an asset manager that reported 678 positions worth $54.3B in its Q2 2026 13F, filed 2026-08-13. Its largest holdings were Nvidia Corporation (NVDA, 6.6%), Apple Inc (AAPL, 5.5%), Alphabet Inc (GOOGL, 4.7%). A portfolio copying its top holdings returned 25.0% a year over the last 3 years, against 20.4% for the S&P 500.

Royal London Asset Management Ltd holdings largest 50 of 678 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Royal London Asset Management Ltd 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
NVDANvidia Corporation	6.6%	6.6%	17,986,795	+0.3%	$3.6B
AAPLApple Inc	5.5%	5.3%	10,335,156	+3.6%	$3.0B
GOOGLAlphabet Inc	4.7%	4.2%	7,081,882	+1.0%	$2.5B
MSFTMicrosoft Corp	4.0%	4.4%	5,802,929	+2.1%	$2.2B
AMZNAmazon Com Inc	3.9%	3.9%	8,904,735	+0.8%	$2.1B
AZNAstrazeneca PLC	3.5%	4.3%	10,161,026	-1.3%	$1.9B
AVGOBroadcom Inc	2.6%	2.6%	3,763,485	-7.4%	$1.4B
MUMicron Technology Inc	1.9%	0.7%	895,924	-8.1%	$1.0B
VVisa Inc	1.6%	1.4%	2,550,065	+13.9%	$874.9M
LLYEli Lilly & Co	1.4%	1.3%	645,864	-1.6%	$774.7M
METAMeta Platforms Inc	1.4%	1.6%	1,322,699	-1.1%	$745.1M
TSMTaiwan Semiconductor Manufac	1.3%	1.1%	1,521,260	-4.5%	$726.5M
JPMJpmorgan Chase & Co	1.3%	1.4%	2,189,863	-1.4%	$716.8M
GOOGAlphabet Inc	1.3%	1.2%	2,007,007	-1.4%	$709.1M
TSLATesla Inc	1.2%	1.2%	1,576,565	+0.9%	$663.1M
AMDAdvanced Micro Devices Inc	1.1%	0.4%	1,020,521	-1.2%	$592.8M
INTCIntel Corp	1.1%	0.4%	4,166,552	-9.4%	$581.8M
BRK-BBerkshire Hathaway Inc Del	0.9%	1.0%	943,362	-1.2%	$472.0M
CSCOCisco Sys Inc	0.7%	0.5%	3,297,324	+5.1%	$387.3M
MRKMerck & Co Inc	0.7%	0.7%	2,987,037	+3.1%	$383.8M
MELIMercadolibre Inc	0.7%	0.8%	209,028	-5.3%	$354.8M
ABBVAbbvie Inc	0.6%	0.6%	1,342,483	-0.7%	$337.8M
AMATApplied Matls Inc	0.6%	—	460,003	—	$332.6M
TXNTexas Instrs Inc	0.6%	0.4%	1,089,192	+12.6%	$324.7M
UNHUnitedhealth Group Inc	0.6%	0.4%	745,305	-1.4%	$309.8M
LINLinde PLC	0.6%	0.6%	587,555	+5.0%	$304.9M
JNJJohnson & Johnson	0.6%	0.6%	1,189,474	-1.1%	$302.1M
XOMExxon Mobil Corp	0.6%	0.8%	2,206,288	-1.4%	$301.6M
LRCXLam Research Corp	0.5%	—	661,673	—	$286.7M
HDHome Depot Inc	0.5%	0.6%	810,136	+0.5%	$285.7M
FIXComfort Sys USA Inc	0.5%	0.4%	141,047	+2.0%	$279.5M
CNMCore & Main Inc	0.5%	0.6%	5,488,673	-4.6%	$264.8M
CATCaterpillar Inc	0.5%	0.4%	243,317	-2.2%	$259.1M
WABWabtec	0.5%	0.5%	960,916	-3.2%	$259.1M
GSGoldman Sachs Group Inc	0.5%	0.5%	249,777	-1.9%	$252.6M
TTETotalenergies SE	0.5%	0.4%	3,234,658	+51.1%	$251.5M
PGProcter & Gamble Co	0.5%	0.5%	1,713,412	+2.2%	$251.3M
STLDSteel Dynamics Inc	0.5%	0.4%	1,082,794	-1.5%	$248.5M
RPRXRoyalty Pharma PLC	0.4%	0.4%	4,319,595	+13.4%	$242.2M
CBChubb Limited	0.4%	—	705,898	—	$240.5M
WMTWalmart Inc	0.4%	0.6%	2,123,512	-0.7%	$240.5M
HCAHca Healthcare Inc	0.4%	0.6%	604,401	+4.7%	$235.6M
PMPhilip Morris Intl Inc	0.4%	0.4%	1,213,109	-0.1%	$219.5M
FERGFerguson Enterprises Inc Common Stock Ne	0.4%	—	919,100	—	$218.1M
VRTVertiv Holdings Co	0.4%	0.4%	651,474	-14.5%	$218.1M
COSTCostco Wholesale Corporation	0.4%	0.5%	232,968	-0.9%	$217.9M
TMOThermo Fisher Scientific Inc	0.4%	0.5%	433,314	-14.8%	$217.2M
KLACKla Corp	0.4%	—	717,115	—	$216.4M
NXTNextpower Inc	0.4%	0.4%	1,796,811	+15.3%	$214.1M
ADIAnalog Devices Inc	0.4%	—	521,402	—	$207.1M

What Royal London Asset Management Ltd bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

TTE Totalenergies SE+51.1% shares
NXT Nextpower Inc+15.3% shares
V Visa Inc+13.9% shares
RPRX Royalty Pharma PLC+13.4% shares
TXN Texas Instrs Inc+12.6% shares
CSCO Cisco Sys Inc+5.1% shares
LIN Linde PLC+5.0% shares

Reduced

TMO Thermo Fisher Scientific Inc-14.8% shares
VRT Vertiv Holdings Co-14.5% shares
INTC Intel Corp-9.4% shares
MU Micron Technology Inc-8.1% shares
AVGO Broadcom Inc-7.4% shares
MELI Mercadolibre Inc-5.3% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +17.5% /yr; S&P 500 +20.1%
3 years: +25.0% /yr; S&P 500 +20.4%
5 years: +26.2% /yr; S&P 500 +19.3%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$54.3B	678
Q1 2026	$47.7B	688
Q4 2025	$47.5B	702
Q3 2025	$46.5B	688
Q2 2025	$43.8B	715
Q1 2025	$42.2B	744
Q4 2024	$41.0B	632
Q3 2024	$40.6B	634
Q2 2024	$39.2B	665
Q1 2024	$40.1B	668
Q4 2023	$35.0B	677
Q3 2023	$30.9B	680

Questions about Royal London Asset Management Ltd's portfolio

What stocks does Royal London Asset Management Ltd own?

Royal London Asset Management Ltd's latest 13F, for Q2 2026 and filed Aug 13, 2026, lists 678 positions worth $54.3B. The largest are Nvidia Corporation (NVDA) at 6.6%, Apple Inc (AAPL) at 5.5%, Alphabet Inc (GOOGL) at 4.7%, Microsoft Corp (MSFT) at 4.0% and Amazon Com Inc (AMZN) at 3.9%.

What did Royal London Asset Management Ltd buy last quarter?

In Q2 2026, Royal London Asset Management Ltd added Totalenergies SE (TTE) (+51.1% shares), Nextpower Inc (NXT) (+15.3% shares) and Visa Inc (V) (+13.9% shares), compared with its Q1 2026 filing.

What did Royal London Asset Management Ltd sell last quarter?

In Q2 2026, Royal London Asset Management Ltd cut from its top 50 Netflix Inc. (NFLX), cut from its top 50 Pepsico Inc (PEP), cut from its top 50 Mastercard Incorporated (MA), cut from its top 50 Chevron Corporation (CVX), cut from its top 50 Intuitive Surgical Inc (ISRG), Thermo Fisher Scientific Inc (TMO) (-14.8% shares), Vertiv Holdings Co (VRT) (-14.5% shares) and Intel Corp (INTC) (-9.4% shares), compared with its Q1 2026 filing.

How has Royal London Asset Management Ltd's portfolio performed?

A portfolio copying Royal London Asset Management Ltd's 20 largest 13F holdings each quarter, from the day each filing was public, returned +25.0% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +17.5% against +20.1%. Over 5 years: +26.2% a year against +19.3%.

When is Royal London Asset Management Ltd's next 13F filing due?

13F filings are due 45 days after each quarter ends. Royal London Asset Management Ltd's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.