# Guinness Asset Management LTD

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1409661. Source: https://holderbook.com/funds/1409661-guinness-asset-management-ltd/

- Reported value: $5.9B
- Positions: 141
- Weight of the ten largest: 44.2%
- Filed: 2026-07-29

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $326.1M | 1,098,283 | 5.5% | 20 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $318.9M | 2,727,849 | 5.4% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $292.2M | 776,648 | 4.9% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $262.0M | 1,036,908 | 4.4% | 31 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $261.2M | 1,042,337 | 4.4% | 31 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $241.3M | 568,814 | 4.1% | 4 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $238.8M | 2,043,845 | 4.0% | 31 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $234.1M | 1,642,288 | 4.0% | 16 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $222.6M | 2,749,910 | 3.8% | 16 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $213.6M | 574,920 | 3.6% | 31 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $201.5M | 2,584,951 | 3.4% | 4 |
| GALLAGHER ARTHUR J & CO | [AJG](https://holderbook.com/stocks/AJG/) | $194.7M | 851,348 | 3.3% | 31 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $194.2M | 721,056 | 3.3% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $189.0M | 1,293,847 | 3.2% | 31 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $188.7M | 3,262,991 | 3.2% | 16 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $183.8M | 1,363,494 | 3.1% | 26 |
| PAYCHEX INC | [PAYX](https://holderbook.com/stocks/PAYX/) | $182.0M | 1,856,567 | 3.1% | 31 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $178.9M | 186,867 | 3.0% | 7 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $166.2M | 755,576 | 2.8% | 31 |
| OTIS WORLDWIDE CORP | [OTIS](https://holderbook.com/stocks/OTIS/) | $157.6M | 2,202,384 | 2.7% | 25 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $97.2M | 206,434 | 1.6% | 21 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $74.0M | 250,753 | 1.3% | 31 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $69.3M | 392,806 | 1.2% | 20 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $66.0M | 155,776 | 1.1% | 7 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $65.6M | 90,796 | 1.1% | 31 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $57.0M | 98,203 | 1.0% | 1 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $51.2M | 144,494 | 0.9% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $48.7M | 204,466 | 0.8% | 29 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $48.4M | 170,670 | 0.8% | 21 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $47.6M | 241,759 | 0.8% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $46.4M | 135,291 | 0.8% | 31 |
| AMETEK INC | [AME](https://holderbook.com/stocks/AME/) | $44.6M | 184,187 | 0.8% | 7 |
| NASDAQ INC | [NDAQ](https://holderbook.com/stocks/NDAQ/) | $44.4M | 563,280 | 0.8% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $42.7M | 83,172 | 0.7% | 26 |
| ROPER TECHNOLOGIES INC | [ROP](https://holderbook.com/stocks/ROP/) | $42.2M | 124,650 | 0.7% | 31 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $41.9M | 83,662 | 0.7% | 31 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $39.2M | 205,674 | 0.7% | 31 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $37.8M | 312,079 | 0.6% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $36.7M | 65,099 | 0.6% | 31 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $36.4M | 510,403 | 0.6% | 8 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $34.5M | 220,332 | 0.6% | 17 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $16.7M | 64,304 | 0.3% | 29 |
| HUBBELL INC | [HUBB](https://holderbook.com/stocks/HUBB/) | $16.6M | 31,737 | 0.3% | 23 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $15.7M | 32,004 | 0.3% | 4 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $15.0M | 170,423 | 0.3% | 26 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $14.8M | 89,288 | 0.3% | 31 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $13.5M | 130,058 | 0.2% | 31 |
| SENSATA TECHNOLOGIES HLDG PL | [ST](https://holderbook.com/stocks/ST/) | $13.0M | 272,779 | 0.2% | 4 |
| NXP SEMICONDUCTORS N V | [NXPI](https://holderbook.com/stocks/NXPI/) | $13.0M | 46,127 | 0.2% | 4 |
| CANADIAN NAT RES LTD MED TER | [CNQ](https://holderbook.com/stocks/CNQ/) | $12.1M | 305,685 | 0.2% | 31 |
| CENOVUS ENERGY INC | [CVE](https://holderbook.com/stocks/CVE/) | $11.8M | 477,590 | 0.2% | 17 |
| SUNCOR ENERGY INC NEW | [SU](https://holderbook.com/stocks/SU/) | $11.8M | 219,341 | 0.2% | 31 |
| DIAMONDBACK ENERGY INC | [FANG](https://holderbook.com/stocks/FANG/) | $11.7M | 66,789 | 0.2% | 18 |
| EOG RES INC | [EOG](https://holderbook.com/stocks/EOG/) | $11.7M | 90,489 | 0.2% | 27 |
| IMPERIAL OIL LTD | [IMO](https://holderbook.com/stocks/IMO/) | $11.5M | 102,697 | 0.2% | 31 |
| ORMAT TECHNOLOGIES INC | [ORA](https://holderbook.com/stocks/ORA/) | $11.5M | 105,654 | 0.2% | 31 |
| FIRST SOLAR INC | [FSLR](https://holderbook.com/stocks/FSLR/) | $11.5M | 48,665 | 0.2% | 31 |
| NETEASE COM INC | [NTES](https://holderbook.com/stocks/NTES/) | $10.8M | 84,586 | 0.2% | 31 |
| DEVON ENERGY CORP NEW | [DVN](https://holderbook.com/stocks/DVN/) | $10.6M | 256,963 | 0.2% | 31 |
| OWENS CORNING NEW | [OC](https://holderbook.com/stocks/OC/) | $10.3M | 65,014 | 0.2% | 9 |
| HALLIBURTON CO | [HAL](https://holderbook.com/stocks/HAL/) | $10.1M | 298,210 | 0.2% | 18 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $10.0M | 134,715 | 0.2% | 3 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $9.6M | 206,777 | 0.2% | 31 |
| TC ENERGY CORP | [TRP](https://holderbook.com/stocks/TRP/) | $9.4M | 141,661 | 0.2% | 4 |
| ENBRIDGE INC | [ENB](https://holderbook.com/stocks/ENB/) | $9.4M | 172,617 | 0.2% | 31 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $9.2M | 286,667 | 0.2% | 17 |
| CARLISLE COS INC | [CSL](https://holderbook.com/stocks/CSL/) | $8.9M | 24,511 | 0.2% | 6 |
| APTIV PLC | [APTV](https://holderbook.com/stocks/APTV/) | $8.5M | 137,910 | 0.1% | 4 |
| AECOM | [ACM](https://holderbook.com/stocks/ACM/) | $8.3M | 119,464 | 0.1% | 3 |
| ITRON INC | [ITRI](https://holderbook.com/stocks/ITRI/) | $8.3M | 96,087 | 0.1% | 26 |
| BAKER HUGHES COMPANY | [BKR](https://holderbook.com/stocks/BKR/) | $8.2M | 147,628 | 0.1% | 18 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $7.0M | 37,980 | 0.1% | 31 |
| AMERESCO INC | [AMRC](https://holderbook.com/stocks/AMRC/) | $5.3M | 193,399 | 0.1% | 30 |
| CANADIAN SOLAR INC | [CSIQ](https://holderbook.com/stocks/CSIQ/) | $5.0M | 311,173 | 0.1% | 31 |
| ENPHASE ENERGY INC | [ENPH](https://holderbook.com/stocks/ENPH/) | $3.2M | 65,436 | 0.1% | 26 |
| HELIX ENERGY SOLUTIONS GRP I | [HLX](https://holderbook.com/stocks/HLX/) | $2.2M | 256,264 | 0.0% | 31 |
| AFFILIATED MANAGERS GROUP | [AMG](https://holderbook.com/stocks/AMG/) | $1.1M | 3,190 | 0.0% | 31 |
| STATE STR CORP | [STT](https://holderbook.com/stocks/STT/) | $1.1M | 6,322 | 0.0% | 31 |
| TERADYNE INC | [TER](https://holderbook.com/stocks/TER/) | $835.1K | 1,726 | 0.0% | 18 |
| INVESCO LTD | [IVZ](https://holderbook.com/stocks/IVZ/) | $830.5K | 31,472 | 0.0% | 4 |
| AMERIPRISE FINL INC | [AMP](https://holderbook.com/stocks/AMP/) | $781.7K | 1,704 | 0.0% | 31 |
| RAYMOND JAMES FINL INC | [RJF](https://holderbook.com/stocks/RJF/) | $759.8K | 4,998 | 0.0% | 31 |
| ENTEGRIS INC | [ENTG](https://holderbook.com/stocks/ENTG/) | $747.5K | 4,156 | 0.0% | 23 |
| FRANKLIN RESOURCES INC | [BEN](https://holderbook.com/stocks/BEN/) | $716.1K | 21,525 | 0.0% | 31 |
| JAZZ PHARMACEUTICALS PLC | [JAZZ](https://holderbook.com/stocks/JAZZ/) | $657.8K | 2,730 | 0.0% | 4 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $639.5K | 1,910 | 0.0% | 6 |
| KEYSIGHT TECHNOLOGIES INC | [KEYS](https://holderbook.com/stocks/KEYS/) | $637.5K | 1,821 | 0.0% | 16 |
| CREDICORP LTD | [BAP](https://holderbook.com/stocks/BAP/) | $635.4K | 1,631 | 0.0% | 4 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $601.9K | 5,115 | 0.0% | 28 |
| ARES MANAGEMENT CORPORATION | [ARES](https://holderbook.com/stocks/ARES/) | $593.7K | 5,334 | 0.0% | 30 |
| IDEX CORP | [IEX](https://holderbook.com/stocks/IEX/) | $583.7K | 2,572 | 0.0% | 23 |
| MONOLITHIC PWR SYS INC | [MPWR](https://holderbook.com/stocks/MPWR/) | $573.7K | 415 | 0.0% | 11 |
| KKR & CO INC | [KKR](https://holderbook.com/stocks/KKR/) | $557.7K | 6,076 | 0.0% | 31 |
| CARLYLE GROUP INC | [CG](https://holderbook.com/stocks/CG/) | $553.5K | 13,143 | 0.0% | 20 |
| REVVITY INC | [RVTY](https://holderbook.com/stocks/RVTY/) | $552.0K | 4,961 | 0.0% | 23 |
| ADVANCED DRAIN SYS INC DEL | [WMS](https://holderbook.com/stocks/WMS/) | $539.9K | 3,440 | 0.0% | 8 |
| EDWARDS LIFESCIENCES CORP | [EW](https://holderbook.com/stocks/EW/) | $532.4K | 5,886 | 0.0% | 2 |
| ADDUS HOMECARE CORP | [ADUS](https://holderbook.com/stocks/ADUS/) | $517.9K | 5,155 | 0.0% | 20 |
| MSCI INC | [MSCI](https://holderbook.com/stocks/MSCI/) | $509.6K | 910 | 0.0% | 5 |
| ZEBRA TECHNOLOGIES CORPORATI | [ZBRA](https://holderbook.com/stocks/ZBRA/) | $501.0K | 1,903 | 0.0% | 23 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +9.1% | +14.8% | -5.8% | 100% |
| Q1 2026 | -1.2% | -4.6% | +3.4% | 99% |
| Q4 2025 | -0.8% | +2.4% | -3.2% | 101% |
| Q3 2025 | +4.0% | +7.8% | -3.8% | 100% |
| Q2 2025 | +6.7% | +10.5% | -3.7% | 100% |
| Q1 2025 | +1.1% | -4.6% | +5.6% | 100% |
| Q4 2024 | -1.6% | +2.1% | -3.7% | 100% |
| Q3 2024 | +7.6% | +5.4% | +2.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $5.9B | 141 |
| Q1 2026 | $5.8B | 143 |
| Q4 2025 | $6.2B | 146 |
| Q3 2025 | $6.3B | 127 |
| Q2 2025 | $5.6B | 103 |
| Q1 2025 | $5.3B | 103 |
| Q4 2024 | $5.3B | 106 |
| Q3 2024 | $5.3B | 106 |
| Q2 2024 | $4.8B | 105 |
| Q1 2024 | $4.8B | 109 |
| Q4 2023 | $4.6B | 109 |
| Q3 2023 | $4.3B | 110 |