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J. Stern & Co. LLP

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13F filer, CIK 2011335, LONDON, United Kingdom

J. Stern & Co. LLP reported $1,173,366,950,000 across 43 holdings for the quarter ended 2025-12-31, in a 13F-HR/A filed 2026-02-24. Its ten largest share positions make up 65.93% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR/A 0002011335-26-000002

Period
2025-12-31
Reported value
$1.17T
Holdings
43
Top 10 weight
65.93%
New
1
Sold out
0

Largest buys vs the previous quarter

SecurityShares changeApprox. value
NVDAadded+124,849,603$125B
GOOGadded+111,699,704$112B
AMZNadded+87,557,736$87.6B
APHadded+75,964,718$76B
MAadded+72,461,743$72.5B

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
LINreduced-151,274-$151M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q4 2025

Share positions as resolved from 13F-HR/A 0002011335-26-000002, largest first. % of portfolio is the value over $1,173,366,950,000, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
NVDANVIDIA CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 940,784 shares; 2024Q4: 858,753 shares; 2025Q1: 937,455 shares; 2025Q2: 966,556 shares; 2025Q3: 910,704 shares; 2025Q4: 125,760,307 shares 125,760,307$126B10.72%+124,849,603Timeline
GOOGALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 385,951 shares; 2024Q4: 362,751 shares; 2025Q1: 393,476 shares; 2025Q2: 404,199 shares; 2025Q3: 392,166 shares; 2025Q4: 112,091,870 shares 112,091,870$112B9.55%+111,699,704Timeline
AMZNAMAZON COM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 377,320 shares; 2024Q4: 356,971 shares; 2025Q1: 387,699 shares; 2025Q2: 399,162 shares; 2025Q3: 425,078 shares; 2025Q4: 87,982,814 shares 87,982,814$88B7.5%+87,557,736Timeline
APHAMPHENOL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 749,252 shares; 2024Q4: 773,698 shares; 2025Q1: 845,119 shares; 2025Q2: 871,809 shares; 2025Q3: 805,073 shares; 2025Q4: 76,769,791 shares 76,769,791$76.8B6.54%+75,964,718Timeline
MAMASTERCARD INCORPORATEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 115,002 shares; 2024Q4: 121,185 shares; 2025Q1: 130,460 shares; 2025Q2: 134,351 shares; 2025Q3: 135,354 shares; 2025Q4: 72,597,097 shares 72,597,097$72.6B6.19%+72,461,743Timeline
METAMETA PLATFORMS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 118,164 shares; 2024Q4: 112,369 shares; 2025Q1: 123,468 shares; 2025Q2: 127,476 shares; 2025Q3: 130,418 shares; 2025Q4: 69,650,056 shares 69,650,056$69.7B5.94%+69,519,638Timeline
RTXRTX CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 315,674 shares; 2024Q4: 333,344 shares; 2025Q1: 364,274 shares; 2025Q2: 366,888 shares; 2025Q3: 379,016 shares; 2025Q4: 62,421,841 shares 62,421,841$62.4B5.32%+62,042,825Timeline
ETNEATON CORP PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 204,983 shares; 2024Q4: 204,513 shares; 2025Q1: 224,298 shares; 2025Q2: 231,164 shares; 2025Q3: 233,451 shares; 2025Q4: 59,031,051 shares 59,031,051$59B5.03%+58,797,600Timeline
ICEINTERCONTINENTAL EXCHANGE INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 12,300 shares; 2024Q4: 275,062 shares; 2025Q1: 277,242 shares; 2025Q2: 285,546 shares; 2025Q3: 309,218 shares; 2025Q4: 54,107,273 shares 54,107,273$54.1B4.61%+53,798,055Timeline
HONHONEYWELL INTL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 200,242 shares; 2024Q4: 239,274 shares; 2025Q1: 262,799 shares; 2025Q2: 264,375 shares; 2025Q3: 233,326 shares; 2025Q4: 53,209,042 shares 53,209,042$53.2B4.53%+52,975,716Timeline
NKENIKE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 97,850 shares; 2025Q4: 48,054,542 shares 48,054,542$48.1B4.1%+47,956,692Timeline
CRMSALESFORCE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 168,275 shares; 2024Q4: 179,884 shares; 2025Q1: 197,840 shares; 2025Q2: 203,767 shares; 2025Q3: 196,159 shares; 2025Q4: 47,385,511 shares 47,385,511$47.4B4.04%+47,189,352Timeline
XYLXYLEM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 304,326 shares; 2024Q4: 321,747 shares; 2025Q1: 342,881 shares; 2025Q2: 350,900 shares; 2025Q3: 365,733 shares; 2025Q4: 45,448,168 shares 45,448,168$45.4B3.87%+45,082,435Timeline
ABTABBOTT LABORATORIESQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 299,133 shares; 2024Q4: 315,433 shares; 2025Q1: 340,786 shares; 2025Q2: 351,707 shares; 2025Q3: 313,558 shares; 2025Q4: 39,319,009 shares 39,319,009$39.3B3.35%+39,005,451Timeline
OTISOTIS WORLDWIDE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 391,709 shares; 2024Q4: 414,566 shares; 2025Q1: 443,880 shares; 2025Q2: 456,843 shares; 2025Q3: 441,160 shares; 2025Q4: 38,619,968 shares 38,619,968$38.6B3.29%+38,178,808Timeline
DISDISNEY WALT COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 320,051 shares; 2024Q4: 341,755 shares; 2025Q1: 376,597 shares; 2025Q2: 382,052 shares; 2025Q3: 416,322 shares; 2025Q4: 38,135,363 shares 38,135,363$38.1B3.25%+37,719,041Timeline
AMTAMERICAN TOWER CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 116,458 shares; 2024Q4: 122,576 shares; 2025Q1: 135,397 shares; 2025Q2: 137,189 shares; 2025Q3: 133,542 shares; 2025Q4: 37,686,978 shares 37,686,978$37.7B3.21%+37,553,436Timeline
TMOTHERMO FISHER SCIENTIFIC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 54,340 shares; 2024Q4: 57,538 shares; 2025Q1: 61,553 shares; 2025Q2: 63,153 shares; 2025Q3: 54,227 shares; 2025Q4: 31,509,332 shares 31,509,332$31.5B2.69%+31,455,105Timeline
ZTSZOETIS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 199,953 shares; 2024Q4: 213,710 shares; 2025Q1: 209,186 shares; 2025Q2: 208,959 shares; 2025Q3: 192,076 shares; 2025Q4: 24,069,492 shares 24,069,492$24.1B2.05%+23,877,416Timeline
BRK-BBERKSHIRE HATHAWAY INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 9,755 shares; 2024Q4: 9,755 shares; 2025Q1: 9,755 shares; 2025Q2: 9,755 shares; 2025Q3: 9,755 shares; 2025Q4: 4,903,351 shares 4,903,351$4.9B0.42%+4,893,596Timeline
ELLAUDER ESTEE COS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 18,175 shares; 2024Q4: 30,379 shares; 2025Q1: 41,311 shares; 2025Q2: 43,604 shares; 2025Q3: 93,461 shares; 2025Q4: 4,094,761 shares 4,094,761$4.09B0.35%+4,001,300Timeline
LLYELI LILLY & COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,812 shares; 2024Q4: 3,485 shares; 2025Q1: 4,049 shares; 2025Q2: 4,201 shares; 2025Q3: 8,743 shares; 2025Q4: 4,047,245 shares 4,047,245$4.05B0.34%+4,038,502Timeline
LRCXLAM RESEARCH CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 35,475 shares; 2025Q3: 88,094 shares; 2025Q4: 3,459,377 shares 3,459,377$3.46B0.29%+3,371,283Timeline
VVISA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 13,082 shares; 2024Q4: 12,957 shares; 2025Q1: 13,468 shares; 2025Q2: 14,057 shares; 2025Q3: 26,816 shares; 2025Q4: 3,378,039 shares 3,378,039$3.38B0.29%+3,351,223Timeline
CDNSCADENCE DESIGN SYSTEM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,570 shares; 2024Q4: 8,543 shares; 2025Q1: 13,408 shares; 2025Q2: 12,578 shares; 2025Q3: 28,786 shares; 2025Q4: 2,953,256 shares 2,953,256$2.95B0.25%+2,924,470Timeline
BKNGBOOKING HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 722 shares; 2024Q4: 627 shares; 2025Q1: 754 shares; 2025Q2: 788 shares; 2025Q3: 1,475 shares; 2025Q4: 2,832,970 shares 2,832,970$2.83B0.24%+2,831,495Timeline
IDXXIDEXX LABS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,320 shares; 2024Q4: 3,983 shares; 2025Q1: 4,655 shares; 2025Q2: 4,954 shares; 2025Q3: 11,151 shares; 2025Q4: 2,653,351 shares 2,653,351$2.65B0.23%+2,642,200Timeline
MCDMCDONALDS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,583 shares; 2024Q4: 8,806 shares; 2025Q1: 12,081 shares; 2025Q2: 11,353 shares; 2025Q3: 25,493 shares; 2025Q4: 2,541,008 shares 2,541,008$2.54B0.22%+2,515,515Timeline
XYZBLOCK INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 33,447 shares; 2024Q4: 36,598 shares; 2025Q1: 57,910 shares; 2025Q2: 54,506 shares; 2025Q3: 107,455 shares; 2025Q4: 2,299,565 shares 2,299,565$2.3B0.2%+2,192,110Timeline
HDHOME DEPOT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 14,914 shares; 2025Q4: 2,232,521 shares 2,232,521$2.23B0.19%+2,217,607Timeline
ISRGINTUITIVE SURGICAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 11,434 shares; 2025Q4: 2,127,248 shares 2,127,248$2.13B0.18%+2,115,814Timeline
TELTE CONNECTIVITY PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 1,957,724 shares 1,957,724$1.96B0.17%newTimeline
DXCMDEXCOM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 23,438 shares; 2024Q4: 27,625 shares; 2025Q1: 37,676 shares; 2025Q2: 40,048 shares; 2025Q3: 72,332 shares; 2025Q4: 1,601,973 shares 1,601,973$1.6B0.14%+1,529,641Timeline
ITGARTNER INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 18,557 shares; 2025Q4: 1,536,890 shares 1,536,890$1.54B0.13%+1,518,333Timeline
LOWLOWES COS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 18,830 shares; 2025Q4: 1,490,369 shares 1,490,369$1.49B0.13%+1,471,539Timeline
LINLINDE PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,867 shares; 2024Q4: 4,428 shares; 2025Q1: 3,112 shares; 2025Q2: not reported; 2025Q3: 1,478,200 shares; 2025Q4: 1,326,926 shares 1,326,926$1.33B0.11%-151,274Timeline
AAAUGOLDMAN SACHS PHYSICAL GOLDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 42,415 shares; 2024Q4: 42,415 shares; 2025Q1: 42,415 shares; 2025Q2: 42,415 shares; 2025Q3: 21,210 shares; 2025Q4: 902,486 shares 902,486$902M0.08%+881,276Timeline
AMATAPPLIED MATLS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 2,800 shares; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 2,800 shares; 2025Q4: 719,572 shares 719,572$720M0.06%+716,772Timeline
BF-BBROWN FORMAN CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 25,747 shares; 2024Q4: 39,609 shares; 2025Q1: 39,071 shares; 2025Q2: 20,527 shares; 2025Q3: 18,191 shares; 2025Q4: 715,503 shares 715,503$716M0.06%+697,312Timeline
ADBEADOBE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 81,839 shares; 2024Q4: 87,106 shares; 2025Q1: 96,623 shares; 2025Q2: 97,901 shares; 2025Q3: 2,486 shares; 2025Q4: 652,031 shares 652,031$652M0.06%+649,545Timeline
NOCNORTHROP GRUMMAN CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 740 shares; 2024Q4: 740 shares; 2025Q1: 740 shares; 2025Q2: 740 shares; 2025Q3: 740 shares; 2025Q4: 421,955 shares 421,955$422M0.04%+421,215Timeline
LMTLOCKHEED MARTIN CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 705 shares; 2024Q4: 705 shares; 2025Q1: 705 shares; 2025Q2: 705 shares; 2025Q3: 705 shares; 2025Q4: 340,987 shares 340,987$341M0.03%+340,282Timeline
GOOGLALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,570 shares; 2024Q4: 4,226 shares; 2025Q1: 4,026 shares; 2025Q2: 4,026 shares; 2025Q3: 42,804 shares; 2025Q4: 328,337 shares 328,337$328M0.03%+285,533Timeline

How Q4 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0002011335-26-000001 superseded2026-02-17acceptance time not in the bulk data set
13F-HR/A 0002011335-26-000002 baserestatement2026-02-24acceptance time not in the bulk data set