Capital World Investors
"13F equity value" = market value of this filer's US-listed long equity positions only. It excludes cash, bonds, non-US and short positions, so it understates a fund's true assets under management — often by a lot.
13F holdings are disclosed ~45 days after quarter-end, and they never reveal when within the quarter a fund actually bought. So any 13F-based summary is structurally late and blurred — this applies to every fund, including this one.
We backtested copying it anyway. Buying this fund's new positions the day each filing went public, over 51 quarters, returned +1.5% per quarter — versus +2.0% per quarter from simply owning every 13F stock. It beat that baseline in only 51.0% of quarters (excess t = -0.14, not statistically significant). Its filings tell you what it bought — not what you should buy.
Quarterly compounding, invested quarters only · entry after the actual SEC deadline plus a 2-day buffer
Top 20 holdings of 637 · 2026 Q2
| Ticker | Value | Weight | QoQ |
|---|---|---|---|
| AVGO | $46.0B | | ADD +5% |
| MU | $34.0B | | TRIM −30% |
| GOOGL | $26.2B | | ADD +12% |
| PM | $24.1B | | HOLD |
| META | $23.0B | | HOLD |
| NVDA | $21.8B | | TRIM −16% |
| MSFT | $20.6B | | TRIM −11% |
| TSLA | $19.2B | | ADD +7% |
| LLY | $19.1B | | HOLD |
| TSM | $16.4B | | ADD +5% |
| GOOG | $15.0B | | TRIM −5% |
| AMZN | $14.6B | | ADD +21% |
| KLAC | $13.7B | | ADD +11% |
| VRTX | $13.0B | | ADD +3% |
| UNH | $12.4B | | ADD +8% |
| AAPL | $11.4B | | ADD +45% |
| WDC | $10.6B | | ADD +40% |
| AMGN | $10.5B | | HOLD |
| V | $9.7B | | ADD +12% |
| SBUX | $9.3B | | TRIM −12% |
QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.
New positions in 2026 Q2
Method & Limitations
Method: a "new position" = held this quarter, absent last quarter (options excluded; stocks with <50 prior holders excluded to filter spin-off artifacts). Entry is the first trading session after the actual SEC filing deadline plus a 2-day buffer. Benchmark = equal-weighted universe of all 13F-held stocks. Limitations: quarterly snapshots can't see intra-quarter trades; survivorship bias — funds that shut down are absent, which flatters the sample. Statistics, not advice.