Nicolai Tangen's portfolio
In the Q2 2026 13F, filed August 12, 2026, AKO Capital reported 22 US stock positions worth $4.3B. The largest was Alcon (ALC) at 15.2% of the portfolio. Added to: Alcon (ALC) and Sunbelt Rentals (SUNB). The Q3 2026 13F is due by November 14, 2026.
What changed in Q2 2026
Compared with the previous 13F. Values are as reported at quarter end. How to read a 13F.
New positions
None this quarter.
Added to
- AlconALC$652M
- Sunbelt RentalsSUNB$454M
- Air Products and ChemicalsAPD$162M
- MastercardMA$98M
- CopartCPRT$19M
Trimmed
- VisaV$338M
- FerrariRACE$329M
- GE AerospaceGE$288M
- Amazon.comAMZN$272M
- Analog DevicesADI$245M
- MicrosoftMSFT$234M
- Cisco SystemsCSCO$232M
- Canadian Pacific Kansas CityCP$210M
- MoodysMCO$194M
- Fair IsaacFICO$124M
Sold out
None this quarter.
Holdings
22 US-listed positions in the Q2 2026 13F, largest first.
| Stock | % of portfolio | Value | Shares | Last quarter |
|---|---|---|---|---|
| AlconALC | 15.19% | $652M | 9,683,004 | Added |
| Sunbelt RentalsSUNB | 10.59% | $454M | 6,074,817 | Added |
| VisaV | 7.88% | $338M | 985,126 | Trimmed |
| FerrariRACE | 7.66% | $329M | 886,360 | Trimmed |
| GE AerospaceGE | 6.72% | $288M | 771,417 | Trimmed |
| Amazon.comAMZN | 6.34% | $272M | 1,141,835 | Trimmed |
| Analog DevicesADI | 5.71% | $245M | 616,881 | Trimmed |
| MicrosoftMSFT | 5.46% | $234M | 628,224 | Trimmed |
| Cisco SystemsCSCO | 5.40% | $232M | 1,971,628 | Trimmed |
| Canadian Pacific Kansas CityCP | 4.90% | $210M | 2,426,027 | Trimmed |
| MoodysMCO | 4.52% | $194M | 427,920 | Trimmed |
| Air Products and ChemicalsAPD | 3.78% | $162M | 553,359 | Added |
| Fair IsaacFICO | 2.88% | $124M | 103,619 | Trimmed |
| Intercontinental Exchange In | 2.88% | $124M | 1,003,510 | Held |
| Williams Cos | 2.57% | $110M | 1,486,116 | Held |
| MastercardMA | 2.27% | $98M | 189,941 | Added |
| WatersWAT | 1.78% | $76M | 203,356 | Trimmed |
| Carlisle CompaniesCSL | 1.62% | $69M | 191,414 | Trimmed |
| LindeLIN | 0.78% | $34M | 64,789 | Trimmed |
| EquifaxEFX | 0.50% | $21M | 134,439 | Trimmed |
| CopartCPRT | 0.43% | $19M | 656,567 | Added |
| StrykerSYK | 0.15% | $6M | 20,624 | Trimmed |
By sector
Share of the reported value.
Reported value over time
Total 13F value at each quarter end.
Questions
What stocks does Nicolai Tangen own?
In the Q2 2026 13F, AKO Capital reported 22 US stock positions worth $4.3B. The largest: Alcon (ALC) 15.2%, Sunbelt Rentals (SUNB) 10.6%, Visa (V) 7.9%, Ferrari (RACE) 7.7%, GE Aerospace (GE) 6.7%.
What did Nicolai Tangen buy last quarter?
In Q2 2026: added to Alcon (ALC); added to Sunbelt Rentals (SUNB); added to Air Products and Chemicals (APD).
What did Nicolai Tangen sell last quarter?
In Q2 2026: cut Visa (V); cut Ferrari (RACE); cut GE Aerospace (GE).
When is Nicolai Tangen's next 13F?
13F filings are due 45 days after each quarter ends. The Q3 2026 filing is due by November 14, 2026.
More investors
13F filings list US-listed long positions (and some options) held at quarter end. They leave out short positions, cash,
bonds and non-US holdings, and arrive up to 45 days after the quarter ends, so the investor may have traded since. Information only, not investment advice.
Photo: Birgit Fostervold (credits).