Nicolai Tangen – AKO Capital Portfolio Activity & Recent Trades (Sep 30, 2025)
As of Sep 30, 2025, the AKO Capital portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Nov 13, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.
During Q3 2025, the filing reported:
New Buys – Canadian Pacific Kansas City Li
Increases – Alcon, Amazon.com, Inc., Cadence Design Systems, Inc., Copart, Inc., Equifax, Inc., and 3 more
Reductions – Analog Devices, Inc., Booz Allen Hamilton Holding Cor, Booking Holdings Inc. Common St, Salesforce, Inc., Fair Isaac Corporation, and 9 more
Complete Exits – Canadian National Railway Compa, Illumina, Inc., Thermo Fisher Scientific Inc
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
| Date | Symbol | Name | Type | Change Qty | % Change | Value | Remaining |
|---|---|---|---|---|---|---|---|
Q3 2025 | ADI Analog Devices, Inc. | Analog Devices, Inc. | Sell | -44,843 | -3.5% | $300.53K | 1,223,147 |
Q3 2025 | ALC Alcon | Alcon | Buy | +260,958 | +3.4% | $593.77K | 7,974,364 |
Q3 2025 | AMZN Amazon.com, Inc. | Amazon.com, Inc. | Buy | +347,385 | +23.8% | $396.99K | 1,808,033 |
Q3 2025 | BAH Booz Allen Hamilton Holding Cor | Booz Allen Hamilton Holding Cor | Sell | -3,167 | -3.5% | $8.68K | 86,866 |
Q3 2025 | BKNG Booking Holdings Inc. Common St | Booking Holdings Inc. Common St | Sell | -4,489 | -6.5% | $348.89K | 64,618 |
Q3 2025 | CDNS Cadence Design Systems, Inc. | Cadence Design Systems, Inc. | Buy | +36,960 | +28.0% | $59.28K | 168,767 |
Q3 2025 | CNI Canadian National Railway Compa | Canadian National Railway Compa | Sell - Position Exit | -19,073 | -100.0% | $0.00 | - |
Q3 2025 | CP Canadian Pacific Kansas City Li | Canadian Pacific Kansas City Li | Buy - Position Entry | +799,560 | - | $59.56K | 799,560 |
Q3 2025 | CPRT Copart, Inc. | Copart, Inc. | Buy | +186,270 | +3.5% | $248.56K | 5,527,245 |
Q3 2025 | CRM Salesforce, Inc. | Salesforce, Inc. | Sell | -143,126 | -30.5% | $77.29K | 326,128 |
Q3 2025 | EFX Equifax, Inc. | Equifax, Inc. | Buy | +26,528 | +2.9% | $240.71K | 938,348 |
Q3 2025 | FICO Fair Isaac Corporation | Fair Isaac Corporation | Sell | -29,627 | -19.3% | $185.04K | 123,646 |
Q3 2025 | FLUT Flutter Entertainment | Flutter Entertainment | Buy | +146,906 | +4.9% | $796.70K | 3,120,116 |
Q3 2025 | GE GE Aerospace | GE Aerospace | Sell | -742,130 | -36.0% | $397.35K | 1,320,876 |
Q3 2025 | ICE Intercontinental Exchange Inc. | Intercontinental Exchange Inc. | Sell | -107,656 | -4.9% | $351.11K | 2,084,001 |
Q3 2025 | ILMN Illumina, Inc. | Illumina, Inc. | Sell - Position Exit | -533,954 | -100.0% | $0.00 | - |
Q3 2025 | INTU Intuit Inc. | Intuit Inc. | Sell | -1,358 | -0.2% | $460.57K | 674,425 |
Q3 2025 | LIN Linde | Linde | Sell | -2,868 | -3.5% | $37.56K | 79,085 |
Q3 2025 | MCO Moody's Corporation | Moody's Corporation | Sell | -60,411 | -7.3% | $365.53K | 767,143 |
Q3 2025 | MMC Marsh & McLennan Companies, Inc | Marsh & McLennan Companies, Inc | Buy | +17,553 | +1.0% | $362.70K | 1,799,753 |
Q3 2025 | MSFT Microsoft Corporation | Microsoft Corporation | Sell | -203,561 | -16.0% | $553.69K | 1,068,996 |
Q3 2025 | RACE Ferrari | Ferrari | Sell | -13,146 | -2.0% | $306.22K | 632,960 |
Q3 2025 | TMO Thermo Fisher Scientific Inc | Thermo Fisher Scientific Inc | Sell - Position Exit | -26,427 | -100.0% | $0.00 | - |
Q3 2025 | V Visa Inc. | Visa Inc. | Sell | -58,516 | -3.6% | $541.04K | 1,584,857 |
Q3 2025 | WAT Waters Corporation | Waters Corporation | Buy | +19,602 | +2.5% | $241.93K | 806,948 |
Q3 2025 | ZTS Zoetis Inc. | Zoetis Inc. | Sell | -827,222 | -54.7% | $100.04K | 683,704 |
Q2 2025 | ACN Accenture plc | Accenture plc | Sell - Position Exit | -1,238,638 | -100.0% | $0.00 | - |
Q2 2025 | ADI Analog Devices, Inc. | Analog Devices, Inc. | Buy | +24,143 | +1.9% | $301.81K | 1,267,990 |
Q2 2025 | ALC Alcon | Alcon | Buy | +597,835 | +8.4% | $681.45K | 7,713,406 |
Q2 2025 | AMZN Amazon.com, Inc. | Amazon.com, Inc. | Buy | +22,740 | +1.6% | $320.45K | 1,460,648 |