Blue Whale Capital LLP

Portfolio Overview

Blue Whale Capital LLP disclosed 26 positions worth $2.1B in its Form 13F-HR for Q1 2026, led by $LRCX (LAM RESEARCH CORP) at 13.1% of the equity portfolio, followed by $NVDA and $MSI. During the quarter the fund opened 5 new positions and exited 3 — including a new stake in $SNDK and a full exit from $COF. The portfolio is most concentrated in Technology (62.2% of disclosed assets). All figures are sourced directly from Blue Whale Capital LLP’s Form 13F-HR filing with the SEC under CIK 1801547.

• 

  LAM RESEARCH CORP

  $LRCX

  82.4#23

  Quality

  $275.7M1,290,589 sh
• 

  NVIDIA CORP

  $NVDA

  90.2#1

  Quality

  $275.0M1,576,824 sh
• 

  Motorola Solutions, Inc.

  $MSI

  73.8#180

  Quality

  $165.3M380,790 sh
• 

  Lumentum Holdings Inc.

  $LITE

  63.4

  Quality

  $149.0M212,056 sh
• 

  TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD

  $TSM

  —

  Quality

  $138.1M408,679 sh
• 

  Broadcom Inc.

  $AVGO

  86.4

  Quality

  $136.0M439,486 sh
• 

  Vertiv Holdings Co

  $VRT

  82.7

  Quality

  $114.3M456,308 sh
• 

  HONEYWELL INTERNATIONAL INC

  $HON

  65.7

  Quality

  $97.1M429,551 sh
• 

  NEWMONT Corp /DE/

  $NEM

  88.3

  Quality

  $83.0M766,471 sh
• 

  ELI LILLY & Co

  $LLY

  89.3

  Quality

  $81.1M88,178 sh

Company	Quality	Value	Shares
LAM RESEARCH CORP$LRCX	82.4#23	$275.7M	1,290,589
NVIDIA CORP$NVDA	90.2#1	$275.0M	1,576,824
Motorola Solutions, Inc.$MSI	73.8#180	$165.3M	380,790
Lumentum Holdings Inc.$LITE	63.4	$149.0M	212,056
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD$TSM	—	$138.1M	408,679
Broadcom Inc.$AVGO	86.4	$136.0M	439,486
Vertiv Holdings Co$VRT	82.7	$114.3M	456,308
HONEYWELL INTERNATIONAL INC$HON	65.7	$97.1M	429,551
NEWMONT Corp /DE/$NEM	88.3	$83.0M	766,471
ELI LILLY & Co$LLY	89.3	$81.1M	88,178

Showing top 10 of 26 holdings.

Full Holdings — Blue Whale Capital LLP (Q1 2026)

All 26 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.

#	Ticker	Company	Value	Weight	QoQ	Quality
1	$LRCX	LAM RESEARCH CORP	$275.7M	13.1%	-9%	82.4
2	$NVDA	NVIDIA CORP	$275.0M	13.1%	+19%	90.2
3	$MSI	Motorola Solutions, Inc.	$165.3M	7.9%	+439%	73.8
4	$LITE	Lumentum Holdings Inc.	$149.0M	7.1%	+52%	63.4
5	$TSM	TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD	$138.1M	6.6%	-1%	—
6	$AVGO	Broadcom Inc.	$136.0M	6.5%	+24%	86.4
7	$VRT	Vertiv Holdings Co	$114.3M	5.4%	-49%	82.7
8	$HON	HONEYWELL INTERNATIONAL INC	$97.1M	4.6%	+152%	65.7
9	$NEM	NEWMONT Corp /DE/	$83.0M	4.0%	-26%	88.3
10	$LLY	ELI LILLY & Co	$81.1M	3.9%	+52%	89.3
11	$SNDK	Sandisk Corp	$72.8M	3.5%	NEW	88.8
12	$APP	AppLovin Corp	$59.3M	2.8%	+43%	86.8
13	$UBER	Uber Technologies, Inc	$56.3M	2.7%	-27%	79.3
14	$IBKR	Interactive Brokers Group, Inc.	$47.9M	2.3%	+24%	75.5
15	$RGEN	REPLIGEN CORP	$47.6M	2.3%	+31%	54.1
16	$WM	WASTE MANAGEMENT INC	$46.8M	2.2%	NEW	70.7
17	$QXO	QXO, Inc.	$35.8M	1.7%	NEW	53.5
18	$FICO	FAIR ISAAC CORP	$33.8M	1.6%	NEW	75.6
19	$GOOG	Alphabet Inc.	$33.4M	1.6%	NEW	80.2
20	$SCHW	SCHWAB CHARLES CORP	$31.3M	1.5%	+34%	77.2
21	$STX	Seagate Technology Holdings plc	$30.2M	1.4%	-48%	—
22	$DHR	DANAHER CORP /DE/	$29.2M	1.4%	-32%	63.9
23	$APO	Apollo Global Management, Inc.	$24.9M	1.2%	-53%	55.7
24	$ARES	Ares Management Corp	$20.3M	1.0%	-56%	70.8
25	$FLUT	Flutter Entertainment plc	$15.5M	0.7%	-81%	—
26	$PM	Philip Morris International Inc.	$3.0M	0.1%	-94%	80.5