GQG Partners LLC
Reported holdings as of Q2 2026, from 31 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| PHILIP MORRIS INTL INC | PM | $8.2B | 45,436,985 | +2.16pp | 26q | -9.3%-$844.7M | |
| CHUBB LIMITED | CB | $4.3B | 12,473,178 | +1.49pp | 8q | HELD | |
| PETROLEO BRASILEIRO S A | PBR | $3.1B | 193,198,230 | +0.10pp | 21q | +11.4%+$319.3M | |
| ENBRIDGE INC | ENB | $2.7B | 49,084,876 | -1.60pp | 9q | -35.8%-$1.5B | |
| EXXON MOBIL CORP | XOMXXXX | $2.3B | 16,877,523 | +2.50pp | 21q | +153.3%+$1.4B | |
| ALTRIA GROUP INC | MO | $1.8B | 25,111,622 | +0.87pp | 7q | +5.3%+$91.7M | |
| THE CIGNA GROUP | CI | $1.6B | 5,908,707 | +0.49pp | 8q | -1.6%-$25.8M | |
| PROGRESSIVE CORP | PGR | $1.5B | 7,043,101 | -0.01pp | 8q | -22.9%-$457.8M | |
| VERIZON COMMUNICATIONS INC | VZ | $1.5B | 35,877,241 | -0.81pp | 8q | -21.5%-$416.5M | |
| BRITISH AMERN TOB PLC | BTI | $1.5B | 24,566,708 | +0.26pp | 8q | -11.3%-$192.5M | |
| COCA COLA CO | KO | $1.5B | 18,389,277 | +0.23pp | 9q | -12.9%-$221.9M | |
| AMERICAN ELEC PWR CO INC | AEP | $1.4B | 10,263,074 | -0.51pp | 9q | -31.7%-$651.6M | |
| ALLSTATE CORP | ALL | $1.2B | 5,235,375 | +0.42pp | 8q | -9.1%-$125.2M | |
| AT&T INC | T | $1.2B | 59,099,713 | -1.46pp | 8q | -27.4%-$460.6M | |
| AMERICAN WTR WKS CO INC NEW | AWK | $1.2B | 8,903,133 | +0.79pp | 7q | +38.4%+$325.3M | |
| TC ENERGY CORP | TRP | $1.1B | 16,736,302 | +0.38pp | 4q | -1.2%-$13.9M | |
| EXELON CORP | EXC | $922.9M | 19,796,580 | -0.01pp | 6q | -11.1%-$115.7M | |
| ICICI BANK LIMITED | IBN | $897.0M | 30,898,356 | -1.51pp | 23q | -60.1%-$1.3B | |
| XCEL ENERGY INC | XEL | $891.7M | 11,104,441 | +0.25pp | 5q | -0.8%-$7.1M | |
| DUKE ENERGY CORP NEW | DUK | $823.2M | 6,503,039 | -0.09pp | 10q | -16.7%-$164.5M | |
| CVS HEALTH CORP | CVS | $823.0M | 7,955,411 | +1.53pp | 3q | +25136.8%+$819.7M | |
| TRAVELERS COMPANIES INC | TRV | $789.0M | 2,390,090 | - | new | NEW | |
| CHEVRON CORPORATION | CVX | $716.4M | 4,321,814 | -2.03pp | 6q | -57.9%-$985.3M | |
| NEXTERA ENERGY INC | NEE | $651.3M | 7,420,437 | -0.15pp | 11q | -19.9%-$161.3M | |
| ATLASSIAN CORPORATION | TEAM | $595.7M | 7,658,413 | - | new | NEW | |
| NVIDIA CORPORATION | NVDA | $590.2M | 2,949,752 | +1.10pp | 14q | +98752.3%+$589.6M | |
| AMBEV SA | ABEV | $581.1M | 185,072,397 | +0.22pp | 5q | -1.1%-$6.2M | |
| BP PLC | BP | $522.4M | 14,138,369 | +0.56pp | 2q | +158.8%+$320.6M | |
| UNILEVER PLC | UL | $521.5M | 8,673,777 | +0.12pp | 3q | -7.7%-$43.7M | |
| HERSHEY CO | HSY | $485.4M | 2,766,786 | - | new | NEW | |
| ABBVIE INC | ABBV | $483.6M | 1,921,614 | - | new | NEW | |
| DELL TECHNOLOGIES INC | DELL | $478.9M | 1,110,030 | - | new | NEW | |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | $414.0M | 866,910 | +0.68pp | 27q | +390.3%+$329.6M | |
| CENOVUS ENERGY INC | CVE | $411.6M | 16,592,495 | -0.36pp | 2q | -38.0%-$252.5M | |
| DEVON ENERGY CORP NEW | DVN | $402.6M | 9,742,444 | -0.54pp | 2q | -39.8%-$265.6M | |
| ITAU UNIBANCO HLDG S A | ITUB | $393.3M | 48,136,668 | -0.35pp | 21q | -41.0%-$273.8M | |
| APPLE INC | AAPL | $372.2M | 1,286,388 | - | new | NEW | |
| CMS ENERGY CORP | CMS | $363.4M | 4,750,161 | +0.13pp | 9q | +7.7%+$25.8M | |
| NOVARTIS AG | NVS | $337.1M | 2,151,131 | +0.03pp | 9q | -12.1%-$46.4M | |
| META PLATFORMS INC | META | $333.1M | 591,397 | - | new | NEW | |
| MICROSOFT CORP | MSFT | $316.5M | 848,548 | - | new | NEW | |
| INTUITIVE SURGICAL INC | ISRG | $310.4M | 780,428 | - | new | NEW | |
| INFOSYS LTD | INFY | $283.2M | 26,999,640 | - | new | NEW | |
| CINCINNATI FINL CORP | CINF | $216.7M | 1,170,338 | +0.02pp | 6q | -22.9%-$64.4M | |
| EMBRAER S.A. | EMBJ | $203.4M | 3,188,244 | -0.19pp | 6q | -47.5%-$184.1M | |
| ATMOS ENERGY CORP | ATO | $202.4M | 1,175,136 | +0.12pp | 5q | +32.5%+$49.6M | |
| STATE STR CORP | STT | $187.6M | 1,106,046 | - | new | NEW | |
| RENAISSANCERE HLDGS LTD | RNR | $185.4M | 584,871 | +0.11pp | 3q | +16.4%+$26.2M | |
| BANK OF AMER CORP | BAC | $180.4M | 3,166,564 | - | new | NEW | |
| CENTERPOINT ENERGY INC | CNP | $176.6M | 4,009,382 | flat | 6q | -15.4%-$32.2M | |
| ARCH CAP GROUP LTD | ACGL | $166.7M | 1,717,256 | +0.06pp | 6q | +4.3%+$6.9M | |
| MCDONALDS CORP | MCD | $162.6M | 601,383 | - | new | NEW | |
| NETEASE COM INC | NTES | $157.2M | 1,226,473 | - | new | NEW | |
| BROADCOM INC | AVGO | $140.8M | 372,865 | - | new | NEW | |
| AMAZON COM INC | AMZN | $136.8M | 573,974 | +0.25pp | 13q | +39926.1%+$136.5M | |
| SUNCOR ENERGY INC NEW | SU | $123.3M | 2,293,204 | -1.57pp | 2q | -86.7%-$802.7M | |
| DIAMONDBACK ENERGY INC | FANG | $103.2M | 587,036 | - | new | NEW | |
| ANHEUSER BUSCH INBEV SA/NV | BUD | $75.7M | 918,338 | +0.14pp | 3q | +13420.9%+$75.1M | |
| OLD REP INTL CORP | ORI | $72.0M | 1,760,732 | -0.09pp | 3q | -50.2%-$72.5M | |
| JD.COM INC | JD | $58.7M | 2,304,023 | - | new | NEW | |
| PEPSICO INC | PEP | $29.5M | 218,202 | -0.21pp | 2q | -79.4%-$114.2M | |
| CREDICORP LTD | BAP | $28.4M | 72,991 | +0.01pp | 7q | HELD | |
| ENI S P A | E | $27.7M | 590,882 | +0.02pp | 18q | +96.5%+$13.6M | |
| ALPHABET INC | GOOG | $22.6M | 63,882 | +0.04pp | 9q | +8948.4%+$22.3M | |
| TOTALENERGIES SE | TTE | $20.5M | 263,895 | flat | 3q | +8.7%+$1.6M | |
| STATE STR SPDR S&P 500 ETF T | SPY | $11.0M | 14,777 | +0.01pp | 10q | +57.5%+$4.0M | |
| CANADIAN NAT RES LTD MED TER | CNQ | $10.9M | 274,860 | -1.33pp | 2q | -98.4%-$683.3M | |
| INTERNATIONAL BUSINESS MACHS | IBM | $8.6M | 30,749 | - | new | NEW | |
| ASTRAZENECA PLC | AZN | $8.5M | 45,569 | flat | 2q | HELD | |
| NATIONAL GRID PLC | NGG | $8.4M | 101,755 | +0.01pp | 8q | +1620.6%+$7.9M | |
| BANCO BILBAO VIZCAYA ARGENTA | BBVA | $8.3M | 330,608 | - | new | NEW | |
| SAP SE | SAP | $7.0M | 45,468 | - | new | NEW | |
| VALERO ENERGY CORP | VLO | $6.9M | 26,587 | flat | 6q | -21.6%-$1.9M | |
| MERCK & CO INC | MRK | $6.8M | 53,092 | flat | 22q | HELD | |
| JOHNSON & JOHNSON | JNJ | $6.4M | 25,158 | -2.82pp | 9q | -99.7%-$1.9B | |
| BRISTOL-MYERS SQUIBB CO | BMY | $5.5M | 96,264 | +0.01pp | 2q | +107.6%+$2.9M | |
| AMERICAN INTL GROUP INC | AIG | $5.5M | 73,409 | -1.25pp | 11q | -99.3%-$783.6M | |
| PPL CORP | PPL | $5.3M | 146,588 | -0.01pp | 5q | -57.6%-$7.2M | |
| SOUTHERN CO | SO | $5.1M | 53,777 | flat | 9q | HELD | |
| SPDR GOLD TR | GLD | $5.0M | 13,626 | +0.01pp | 2q | +393.2%+$4.0M | |
| FACTSET RESH SYS INC | FDS | $4.9M | 21,296 | - | new | NEW | |
| PROCTER & GAMBLE CO | PG | $4.3M | 29,177 | -0.01pp | 11q | -69.8%-$9.9M | |
| SANOFI SA | SNY | $4.2M | 97,640 | flat | 4q | -40.7%-$2.9M | |
| HSBC HLDGS PLC | HSBC | $3.6M | 37,717 | - | new | NEW | |
| BANCO SANTANDER S.A. | SAN | $3.6M | 259,273 | - | new | NEW | |
| OMNICOM GROUP INC | OMC | $3.3M | 45,743 | - | new | NEW | |
| PFIZER INC | PFE | $3.2M | 131,567 | flat | 4q | +36.4%+$844.6K | |
| ISHARES TR | ACWI | $2.1M | 13,470 | flat | 7q | -48.9%-$2.0M | |
| LLOYDS BANKING GROUP PLC | LYG | $2.0M | 341,126 | - | new | NEW | |
| KROGER CO | KR | $1.9M | 34,235 | -1.46pp | 5q | -99.7%-$705.4M | |
| WORKDAY INC | WDAY | $1.9M | 15,242 | - | new | NEW | |
| ASML HLDG NV | ASML | $1.1M | 540 | - | new | NEW | |
| ISHARES TR | IWB | $1.0M | 2,481 | flat | 8q | +123.5%+$561.7K | |
| APPLOVIN CORP | APP | $954.1K | 1,852 | flat | 13q | -0.8%-$7.7K | |
| ROYAL BK CDA | RY | $633.1K | 3,059 | flat | 9q | HELD | |
| WALMART INC | WMT | $610.9K | 5,394 | flat | 19q | HELD | |
| SHELL PLC | SHEL | $465.3K | 6,001 | flat | 15q | HELD | |
| AXIA ENERGIA SA | AXIA | $321.1K | 30,403 | flat | 5q | +8.6%+$25.5K | |
| GOLDMAN SACHS GROUP INC | GS | $301.2K | 298 | flat | 7q | HELD | |
| AUTODESK INC | ADSK | $229.5K | 1,180 | - | new | NEW | |
| VISA INC | V | $219.2K | 639 | flat | 31q | -48.3%-$204.7K | |
| GRAB HOLDINGS LIMITED | GRAB | $48.8K | 12,945 | - | new | NEW |
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 |
|---|---|---|
| Food, Drink & Tobacco | $14.2B | 26.4% |
| Insurance | $10.1B | 18.8% |
| Energy | $6.8B | 12.6% |
| Utilities | $5.0B | 9.3% |
| Telecom & Media | $2.7B | 5.1% |
| Transport & Logistics | $2.7B | 4.9% |
| Software & IT Services | $1.7B | 3.2% |
| Banks & Lending | $1.7B | 3.2% |
| Semiconductors & Electronics | $1.1B | 2.1% |
| Computer Hardware | $859.8M | 1.6% |
| Biotech & Pharma | $855.3M | 1.6% |
| Healthcare Services | $823.0M | 1.5% |
| Other sectors | $1.4B | 2.6% |
| Not classified | $3.7B | 6.9% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $53.8B | 102 | 29 | 24 | 40 | 8 | 53.1% | 43 |
| Q1 2026 | $63.1B | 81 | 10 | 16 | 48 | 16 | 51.7% | 42 |
| Q4 2025 | $60.7B | 87 | 10 | 31 | 43 | 16 | 51.3% | 44 |
| Q3 2025 | $65.1B | 93 | 10 | 17 | 58 | 10 | 50.5% | 44 |
| Q2 2025 | $70.3B | 93 | 20 | 38 | 30 | 13 | 46.9% | 44 |
| Q1 2025 | $62.8B | 86 | 18 | 32 | 30 | 24 | 50.4% | 43 |
| Q4 2024 | $67.4B | 92 | 26 | 31 | 31 | 12 | 51.1% | 42 |
| Q3 2024 | $63.8B | 78 | 18 | 36 | 15 | 19 | 49.9% | 44 |
| Q2 2024 | $66.0B | 79 | 27 | 35 | 13 | 34 | 59.5% | 43 |
| Q1 2024 | $62.2B | 86 | 23 | 31 | 24 | 13 | 62.1% | 43 |
| Q4 2023 | $47.2B | 76 | 24 | 13 | 30 | 21 | 61.4% | 44 |
| Q3 2023 | $43.2B | 73 | 18 | 19 | 29 | 13 | 59.6% | 44 |
| Q2 2023 | $43.5B | 68 | 8 | 19 | 30 | 16 | 59.1% | 42 |
| Q1 2023 | $38.2B | 76 | 10 | 35 | 28 | 19 | 51.1% | 42 |
| Q4 2022 | $37.0B | 85 | 16 | 33 | 27 | 14 | 54.3% | 44 |
| Q3 2022 | $34.6B | 83 | 23 | 24 | 33 | 14 | 49.3% | 45 |
| Q2 2022 | $40.7B | 74 | 16 | 39 | 17 | 14 | 52.4% | 46 |
| Q1 2022 | $43.1B | 72 | 17 | 37 | 17 | 22 | 52.9% | 43 |
| Q4 2021 | $40.3B | 77 | 24 | 38 | 15 | 31 | 48.5% | 45 |
| Q3 2021 | $36.5B | 84 | 15 | 37 | 25 | 11 | 51.8% | 47 |
| Q2 2021 | $34.0B | 80 | 23 | 36 | 18 | 10 | 50.6% | 44 |
| Q1 2021 | $27.4B | 67 | 24 | 16 | 23 | 16 | 46.0% | 44 |
| Q4 2020 | $29.2B | 59 | 13 | 31 | 13 | 21 | 47.1% | 43 |
| Q3 2020 | $29.2B | 67 | 11 | 36 | 14 | 7 | 48.8% | 44 |
| Q2 2020 | $22.8B | 63 | 14 | 34 | 11 | 9 | 51.7% | 50 |
| Q1 2020 | $14.5B | 58 | 21 | 28 | 5 | 20 | 58.1% | 44 |
| Q4 2019 | $14.5B | 57 | 25 | 20 | 12 | 11 | 57.2% | 44 |
| Q3 2019 | $9.8B | 43 | 7 | 25 | 7 | 8 | 56.8% | 45 |
| Q2 2019 | $9.3B | 44 | 10 | 21 | 12 | 5 | 57.1% | 45 |
| Q1 2019 | $8.1B | 39 | 6 | 27 | 5 | 15 | 56.5% | 44 |
| Q4 2018 | $6.5B | 48 | 0 | 0 | 0 | 0 | 59.3% | 46 |
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.