Nicolai Tangen

Net selling

Ako Capital Llp — managed by Nicolai Tangen; US equity positions disclosed quarterly via SEC 13F

Data as of 2026-03-31 (filed 2026-05-15) · Source: SEC EDGAR

Portfolio value$5.11B（−22%）

Holdings27（+5）

Latest period2026-03-31

Top holdingAlcon Ag

Portfolio overview

Ako Capital Llp's most recent 13F filing, for the quarter ended 2026-03-31, reports 27 positions worth $5.11B. The top 5 holdings represent 40% of that value, a moderately concentrated portfolio.

The single largest position is Alcon Ag at 13.6% of the portfolio, followed by Amazon Com Inc at 7.1% and Visa Inc at 7.0%.

Against the prior quarter, Nicolai Tangen opened 6 new positions, exited 1, added to 7, and trimmed 14. The largest new buy was Sunbelt Rentals Holdings Inc. The most notable sale was the full exit from Intuit.

Across all 8 quarters on file, Alcon Ag has appeared in every filing, as has Amazon Com Inc. Alcon Ag currently ranks first by value.

A 13F is filed roughly 45 days after quarter-end and covers only long positions in US-listed equities, so it is a lagging and partial view of the portfolio. Source: SEC EDGAR.

High-conviction

Alcon AgBig new buy

Big add last quarter — 13.6% of the book.

Waters CorpWATBig new buy

Big add last quarter — 4.8% of the book.

Booking Holdings IncBKNGBig new buy

Big add last quarter — 4.1% of the book.

Holdings

Security	Value	Shares	Weight (prev→now)
Alcon Ag	$695.6M	9,324,656	9.3% → 13.6% ▲
Amazon Com IncAMZN	$360.6M	1,731,170	6.1% → 7.1% ▼
Visa IncV	$358.7M	1,186,931	7.7% → 7.0% ▼
Analog Devices IncADI	$327.5M	1,029,523	5.2% → 6.4% ▼
Ferrari N V	$310.8M	926,523	5.4% → 6.1% ▼
Intercontinental Exchange InICE	$293.7M	1,867,549	5.1% → 5.7% ▼
Ge AerospaceGE	$282.9M	996,847	5.2% → 5.5% ▼
Microsoft CorpMSFT	$272.2M	735,214	7.5% → 5.3% ▼
Waters CorpWAT	$243.3M	816,929	4.4% → 4.8% ▲
Cisco Sys IncCSCO	$236.2M	3,043,637	3.7% → 4.6% ▼
Moodys CorpMCO	$222.8M	510,824	5.7% → 4.4% ▼
Canadian Pacific Kansas CityCP	$216.1M	2,747,795	3.3% → 4.2% ▼
Booking Holdings IncBKNG	$210.2M	49,923	3.5% → 4.1% ▲
Sunbelt Rentals Holdings IncSUNB	$207.3M	3,185,284	New · 4.1%
Fair Isaac CorpFICO	$135.8M	127,212	2.9% → 2.7% ▲
Williams Cos IncWMB	$129.3M	1,775,909	New · 2.5%
Stryker CorporationSYK	$82.1M	249,883	New · 1.6%
Mastercard IncorporatedMA	$77.7M	155,592	0.9% → 1.5% ▲
Equifax IncEFX	$72.7M	403,774	2.5% → 1.4% ▼
Air Products And Chemicals IAPD	$67.8M	233,356	New · 1.3%
Carlisle Cos IncCSL	$67.2M	201,377	New · 1.3%
Linde Plc	$66.7M	134,631	0.1% → 1.3% ▲
Salesforce IncCRM	$66.2M	354,805	1.3% → 1.3% ▲
Flutter Entmt Plc	$49.7M	487,027	10.2% → 1.0% ▼
Marsh & Mclennan Cos IncMRSH	$45.4M	261,527	4.2% → 0.9% ▼

Alcon Ag
Value$695.6MWeight (prev→now)9.3% → 13.6% ▲
Amazon Com IncAMZN
Value$360.6MWeight (prev→now)6.1% → 7.1% ▼
Visa IncV
Value$358.7MWeight (prev→now)7.7% → 7.0% ▼
Analog Devices IncADI
Value$327.5MWeight (prev→now)5.2% → 6.4% ▼
Ferrari N V
Value$310.8MWeight (prev→now)5.4% → 6.1% ▼
Intercontinental Exchange InICE
Value$293.7MWeight (prev→now)5.1% → 5.7% ▼
Ge AerospaceGE
Value$282.9MWeight (prev→now)5.2% → 5.5% ▼
Microsoft CorpMSFT
Value$272.2MWeight (prev→now)7.5% → 5.3% ▼
Waters CorpWAT
Value$243.3MWeight (prev→now)4.4% → 4.8% ▲
Cisco Sys IncCSCO
Value$236.2MWeight (prev→now)3.7% → 4.6% ▼
Moodys CorpMCO
Value$222.8MWeight (prev→now)5.7% → 4.4% ▼
Canadian Pacific Kansas CityCP
Value$216.1MWeight (prev→now)3.3% → 4.2% ▼
Booking Holdings IncBKNG
Value$210.2MWeight (prev→now)3.5% → 4.1% ▲
Sunbelt Rentals Holdings IncSUNB
Value$207.3MWeight (prev→now)New · 4.1%
Fair Isaac CorpFICO
Value$135.8MWeight (prev→now)2.9% → 2.7% ▲
Williams Cos IncWMB
Value$129.3MWeight (prev→now)New · 2.5%
Stryker CorporationSYK
Value$82.1MWeight (prev→now)New · 1.6%
Mastercard IncorporatedMA
Value$77.7MWeight (prev→now)0.9% → 1.5% ▲
Equifax IncEFX
Value$72.7MWeight (prev→now)2.5% → 1.4% ▼
Air Products And Chemicals IAPD
Value$67.8MWeight (prev→now)New · 1.3%
Carlisle Cos IncCSL
Value$67.2MWeight (prev→now)New · 1.3%
Linde Plc
Value$66.7MWeight (prev→now)0.1% → 1.3% ▲
Salesforce IncCRM
Value$66.2MWeight (prev→now)1.3% → 1.3% ▲
Flutter Entmt Plc
Value$49.7MWeight (prev→now)10.2% → 1.0% ▼
Marsh & Mclennan Cos IncMRSH
Value$45.4MWeight (prev→now)4.2% → 0.9% ▼

Showing top 25 of 27 positions

Exited this quarter (1)Intuit

Sources· SEC EDGAR 13F as of 2026-05-15

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