# Metropolis Capital Ltd

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1765388. Source: https://holderbook.com/funds/1765388-metropolis-capital-ltd/

- Reported value: $3.4B
- Positions: 16
- Weight of the ten largest: 87.6%
- Filed: 2026-07-22

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 |
|---|---|---|---|---|---|
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $482.5M | 1,303,534 | 14.0% | 17 |
| HCA HEALTHCARE INC | [HCA](https://holderbook.com/stocks/HCA/) | $430.9M | 910,564 | 12.5% | 6 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $384.8M | 2,284,646 | 11.2% | 29 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $358.3M | 717,113 | 10.4% | 20 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $267.5M | 9,316,949 | 7.8% | 26 |
| RYANAIR HOLDINGS PLC | [RYAAY](https://holderbook.com/stocks/RYAAY/) | $255.1M | 4,413,677 | 7.4% | 13 |
| NEWS CORP NEW | [NWSA](https://holderbook.com/stocks/NWSA/) | $229.2M | 9,192,105 | 6.6% | 25 |
| SUNBELT RENTALS HOLDINGS INC | [SUNB](https://holderbook.com/stocks/SUNB/) | $222.2M | 3,542,479 | 6.4% | 2 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $216.8M | 2,249,831 | 6.3% | 2 |
| STATE STR CORP | [STT](https://holderbook.com/stocks/STT/) | $174.0M | 1,374,890 | 5.0% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $132.0M | 436,604 | 3.8% | 26 |
| CROWN HLDGS INC | [CCK](https://holderbook.com/stocks/CCK/) | $131.0M | 1,306,609 | 3.8% | 9 |
| TD SYNNEX CORPORATION | [SNX](https://holderbook.com/stocks/SNX/) | $61.2M | 362,963 | 1.8% | 5 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $40.1M | 206,347 | 1.2% | 29 |
| NEWS CORP NEW | [NWS](https://holderbook.com/stocks/NWS/) | $33.4M | 1,172,616 | 1.0% | 25 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $29.5M | 87,235 | 0.9% | 14 |

## 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 | +15.1% | +14.8% | +0.2% | 100% |
| Q1 2026 | -6.1% | -4.6% | -1.5% | 100% |
| Q4 2025 | +2.4% | +2.4% | +0.0% | 100% |
| Q3 2025 | +2.8% | +7.8% | -5.0% | 100% |
| Q2 2025 | +17.7% | +10.5% | +7.3% | 100% |
| Q1 2025 | -1.3% | -4.6% | +3.3% | 100% |
| Q4 2024 | +2.8% | +2.1% | +0.6% | 100% |
| Q3 2024 | +5.9% | +5.4% | +0.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $3.4B | 16 |
| Q1 2026 | $3.0B | 16 |
| Q4 2025 | $3.1B | 15 |
| Q3 2025 | $3.2B | 16 |
| Q2 2025 | $3.2B | 17 |
| Q1 2025 | $2.7B | 15 |
| Q4 2024 | $2.9B | 14 |
| Q3 2024 | $2.9B | 16 |
| Q2 2024 | $2.7B | 17 |
| Q1 2024 | $2.8B | 16 |
| Q4 2023 | $2.7B | 16 |
| Q3 2023 | $2.5B | 16 |