Nicolai Tangen - AKO Capital Portfolio (Q2 2026)

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AKO Capital, Nicolai Tangen, has built a diversified portfolio of 21 publicly traded holdings with a total market value of $4.29M, according to the SEC 13F filed on Aug 12, 2026 (holdings as of quarter-end Jun 30, 2026). This analysis examines that filing to understand the investment strategy and recent portfolio adjustments.

The portfolio demonstrates a concentrated approach to stock selection, with the top holding representing 15.2% of the total portfolio value. The top 5 holdings account for 43.8% of the overall portfolio allocation.

Recent portfolio activity shows 10 significant position adjustments, indicating active portfolio management and strategic repositioning. These changes reflect the investor's response to market conditions and evolving investment thesis.

Portfolio Statistics

21
Total Holdings
$4.3M
Portfolio Value
Jun 30, 2026
Latest Filing
15.2%
Largest Position

Top Holdings Analysis

The portfolio's top holdings reveal the investor's core investment thesis and sector preferences. The largest position in ALCON AG (ALC) represents 15.2% of the total portfolio, valued at $651.9K.

Rank Symbol Company Value Portfolio % Change
1 ALC ALCON AG $651.9K 15.2% +3.8%
2 V VISA INC $338.0K 7.9% -17.0%
3 RACE FERRARI N V $328.9K 7.7% -4.3%
4 GE GE AEROSPACE $288.3K 6.7% -22.6%
5 AMZN AMAZON COM INC $272.1K 6.3% -34.0%

For a complete analysis of all holdings and detailed portfolio breakdown by sector and market cap, visit our comprehensive holdings page.

Recent Portfolio Activity

Recent portfolio adjustments provide insights into the investor's evolving strategy and market outlook. The following table shows the top 10 most significant position changes from recent reporting periods (out of 199 total transactions), sorted by the magnitude of change.

For a complete history of all portfolio transactions and detailed activity analysis, visit our comprehensive activity page.

Symbol Company Quantity Change Date Action
CSCO Cisco Systems, Inc. -1,072,009 Jun 30, 2026 SELL
ICE Intercontinental Exchange Inc. -864,039 Jun 30, 2026 SELL
WAT Waters Corporation -613,573 Jun 30, 2026 SELL
AMZN Amazon.com, Inc. -589,335 Jun 30, 2026 SELL
FLUT Flutter Entertainment -487,027 Jun 30, 2026 SELL
ADI Analog Devices, Inc. -412,642 Jun 30, 2026 SELL
CPRT Copart, Inc. +382,509 Jun 30, 2026 BUY
ALC Alcon +358,348 Jun 30, 2026 BUY
CRM Salesforce, Inc. -354,805 Jun 30, 2026 SELL
CP Canadian Pacific Kansas City Li -321,768 Jun 30, 2026 SELL

Investment Strategy Insights

AKO Capital's investment approach can be analyzed through several key metrics. The portfolio's concentration in top holdings suggests a high-conviction investment strategy, with significant positions in companies that align with the investor's long-term thesis.

The largest position in ALCON AG (ALC) demonstrates strong conviction in this particular investment opportunity. Recent activity shows a increase of 3.8% in this position, indicating active portfolio management and strategic positioning.

Portfolio turnover can be assessed through recent activity patterns. The 10 most significant transactions shown here (out of 199 total transactions) suggest a highly active approach to portfolio management, with frequent strategic adjustments and position changes.

Additional Analysis

AKO Capital's portfolio as of Jun 30, 2026 reflects a strategic approach to equity investing with 21 holdings valued at $4.3M. The concentrated position in ALCON AG and other top holdings demonstrates the investor's confidence in specific investment themes and long-term value creation opportunities. Recent activity indicates ongoing portfolio optimization and strategic repositioning.

For the most current portfolio data and detailed analysis, refer to the latest SEC 13F filings and our comprehensive holdings and activity pages, which are updated regularly with the latest filing information.

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