Guinness Asset Management LTD

LONDON, X0 · CIK 1409661 · 13F filing filed 2026-07-29

SEC-registered investment adviser since 2026 · corporation

Assets managed$11.4bn
Staff81 · 35 in investment roles
Main clients (by assets)Private funds 97%, Mutual funds and ETFs 3%
Websiteguinnessgi.com
Form ADV · 2025-12-14SEC adviser record

Legal entityGUINNESS ASSET MANAGEMENT LIMITED (GB)

KindFCA fund manager
Others nearbyLondon

As an employer

Offices in2 countries

Offices

From Form ADV: the main office and the other offices where it does advisory work (at most the 25 largest), with the people doing investment work at each. “About” is worked out: the firm's investment staff less its other offices. Each city links to the other managers there.

City	Country	People
London (main office)United Kingdom	United Kingdom	about 34
Dublin 2Ireland	Ireland	1

In the UK

FCA-authorised companies1
Manages investmentsyes
Runs fundsyes
Retail clientsyes

Company	Town	Staff	Pay gap report	FCA register
GUINNESS ASSET MANAGEMENT LIMITED Private Limited CompanyFCA: Authorised · manages investments, manages AIFs, advises, deals	London			Authorisedmanages investments, manages AIFs, advises, deals

Sources: Companies House (accounts filed electronically; the largest groups often file on paper, so their staff numbers can be missing), the UK gender pay gap service (employers with 250+ staff) and the FCA's Financial Services Register. Contains public sector information licensed under the Open Government Licence v3.0.

$5.9bn reported value +1.9% vs Q1 2026

141positions

44.2%in top 10

2 new 38 added 81 reduced 4 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	TEXAS INSTRS INC COM TXN	TXN	1,098,283	$326.1m5.52%	5.52%	Reduced -59.7k	-59,679 -5.2%
2	CISCO SYS INC COM CSCO	CSCO	2,727,849	$318.9m5.40%	5.40%	Reduced -146.3k	-146,340 -5.1%
3	BROADCOM INC COM AVGO	AVGO	776,648	$292.2m4.95%	4.95%	Reduced -50.4k	-50,353 -6.1%
4	JOHNSON & JOHNSON COM JNJ	JNJ	1,036,908	$262.0m4.43%	4.43%	Reduced -57.0k	-57,016 -5.2%
5	ABBVIE INC COM ABBV	ABBV	1,042,337	$261.2m4.42%	4.42%	Reduced -58.7k	-58,678 -5.3%
6	EATON CORP PLC SHS ETN	ETN	568,814	$241.3m4.08%	4.08%	Reduced -31.1k	-31,097 -5.2%
7	AFLAC INC COM AFL	AFL	2,043,845	$238.8m4.04%	4.04%	Reduced -115.2k	-115,233 -5.3%
8	EMERSON ELEC CO COM EMR	EMR	1,642,288	$234.1m3.96%	3.96%	Reduced -93.3k	-93,275 -5.4%
9	COCA COLA CO COM KO	KO	2,749,910	$222.6m3.77%	3.77%	Reduced -157.7k	-157,693 -5.4%
10	MICROSOFT CORP COM MSFT	MSFT	574,920	$213.6m3.61%	3.61%	Reduced -39.6k	-39,600 -6.4%
11	MEDTRONIC PLC SHS MDT	MDT	2,584,951	$201.5m3.41%	3.41%	Reduced -131.9k	-131,901 -4.8%
12	GALLAGHER ARTHUR J & CO COM AJG	AJG	851,348	$194.7m3.30%	3.30%	Reduced -50.6k	-50,551 -5.6%
13	ILLINOIS TOOL WKS INC COM ITW	ITW	721,056	$194.2m3.29%	3.29%	Reduced -42.1k	-42,051 -5.5%
14	PROCTER AND GAMBLE CO COM PG	PG	1,293,847	$189.0m3.20%	3.20%	Reduced -76.2k	-76,168 -5.6%
15	MONDELEZ INTL INC CL A MDLZ	MDLZ	3,262,991	$188.7m3.19%	3.19%	Reduced -204.2k	-204,247 -5.9%
16	PEPSICO INC COM PEP	PEP	1,363,494	$183.8m3.11%	3.11%	Reduced -79.4k	-79,397 -5.5%
17	PAYCHEX INC COM PAYX	PAYX	1,856,567	$182.0m3.08%	3.08%	Reduced -112.2k	-112,167 -5.7%
18	BLACKROCK INC COM BLK	BLK	186,867	$178.9m3.03%	3.03%	Reduced -11.1k	-11,091 -5.6%
19	CME GROUP INC COM CME	CME	755,576	$166.2m2.81%	2.81%	Reduced -45.6k	-45,594 -5.7%
20	OTIS WORLDWIDE CORP COM OTIS	OTIS	2,202,384	$157.6m2.67%	2.67%	Reduced -143.7k	-143,708 -6.1%
21	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	206,434	$97.2m1.65%	1.65%	Reduced -12.8k	-12,816 -5.8%
22	KLA CORP COM NEW KLAC	KLAC	250,753	$74.0m1.25%	1.25%	Reduced -82.2k	-82,197 -24.7%
23	AMPHENOL CORP CL A APH	APH	392,806	$69.3m1.17%	1.17%	Reduced -34.6k	-34,597 -8.1%
24	LAM RESEARCH CORP COM NEW LRCX	LRCX	155,776	$66.0m1.12%	1.12%	Reduced -53.9k	-53,923 -25.7%
25	APPLIED MATLS INC COM AMAT	AMAT	90,796	$65.6m1.11%	1.11%	Reduced -34.6k	-34,650 -27.6%
26	ADVANCED MICRO DEVICES INC COM AMD	AMD	98,203	$57.0m0.97%	0.97%	New
27	ALPHABET INC CAP STK CL A GOOGL	GOOGL	144,494	$51.2m0.87%	0.87%	Reduced -10.2k	-10,166 -6.6%
28	AMAZON COM INC COM AMZN	AMZN	204,466	$48.7m0.82%	0.82%	Reduced -22.8k	-22,771 -10.0%
29	APPLE INC COM AAPL	AAPL	170,670	$48.4m0.82%	0.82%	Reduced -14.0k	-13,974 -7.6%
30	NVIDIA CORPORATION COM NVDA	NVDA	241,759	$47.6m0.81%	0.81%	Reduced -15.7k	-15,733 -6.1%
31	VISA INC COM CL A V	V	135,291	$46.4m0.79%	0.79%	Reduced -15.1k	-15,066 -10.0%
32	AMETEK INC COM AME	AME	184,187	$44.6m0.75%	0.75%	Reduced -20.5k	-20,511 -10.0%
33	NASDAQ INC COM NDAQ	NDAQ	563,280	$44.4m0.75%	0.75%	Added +545.2k	+545,222 3019.3%
34	MASTERCARD INCORPORATED CL A MA	MA	83,172	$42.7m0.72%	0.72%	Reduced -9.3k	-9,262 -10.0%
35	ROPER TECHNOLOGIES INC COM ROP	ROP	124,650	$42.2m0.71%	0.71%	Reduced -13.1k	-13,083 -9.5%
36	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	83,662	$41.9m0.71%	0.71%	Reduced -9.3k	-9,318 -10.0%
37	DANAHER CORPORATION COM DHR	DHR	205,674	$39.2m0.66%	0.66%	Reduced -22.9k	-22,904 -10.0%
38	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	312,079	$37.8m0.64%	0.64%	Added +909	+909 0.3%
39	META PLATFORMS INC CL A META	META	65,099	$36.7m0.62%	0.62%	Reduced -7.2k	-7,250 -10.0%
40	NETFLIX INC COM NFLX	NFLX	510,403	$36.4m0.62%	0.62%	Reduced -56.8k	-56,844 -10.0%
41	SALESFORCE INC COM CRM	CRM	220,332	$34.5m0.58%	0.58%	Reduced -24.5k	-24,537 -10.0%
42	VALERO ENERGY CORP COM VLO	VLO	64,304	$16.7m0.28%	0.28%	Reduced -24.7k	-24,747 -27.8%
43	HUBBELL INC COM HUBB	HUBB	31,737	$16.6m0.28%	0.28%	Reduced -568	-568 -1.8%
44	TRANE TECHNOLOGIES PLC SHS TT	TT	32,004	$15.7m0.27%	0.27%	Reduced -839	-839 -2.5%
45	NEXTERA ENERGY INC COM NEE	NEE	170,423	$15.0m0.25%	0.25%	Reduced -4.5k	-4,469 -2.6%
46	CHEVRON CORP NEW COM CVX	CVX	89,288	$14.8m0.25%	0.25%	Reduced -11.3k	-11,304 -11.2%
47	CONOCOPHILLIPS COM COP	COP	130,058	$13.5m0.23%	0.23%	Reduced -15.9k	-15,886 -10.9%
48	SENSATA TECHNOLOGIES HLDG PL SHS ST	ST	272,779	$13.0m0.22%	0.22%	Reduced -7.2k	-7,154 -2.6%
49	NXP SEMICONDUCTORS N V COM NXPI	NXPI	46,127	$13.0m0.22%	0.22%	Reduced -1.2k	-1,209 -2.5%
50	CANADIAN NAT RES LTD COM CNQ	CNQ	305,685	$12.1m0.20%	0.20%	Reduced -49.1k	-49,145 -13.8%
51	CENOVUS ENERGY INC COM CVE	CVE	477,590	$11.8m0.20%	0.20%	Reduced -89.1k	-89,119 -15.7%
52	SUNCOR ENERGY INC NEW COM SU	SU	219,341	$11.8m0.20%	0.20%	Reduced -37.4k	-37,368 -14.6%
53	DIAMONDBACK ENERGY INC COM FANG	FANG	66,789	$11.7m0.20%	0.20%	Reduced -8.2k	-8,187 -10.9%
54	EOG RES INC COM EOG	EOG	90,489	$11.7m0.20%	0.20%	Reduced -11.0k	-11,006 -10.8%
55	IMPERIAL OIL LTD COM NEW IMO	IMO	102,697	$11.5m0.19%	0.19%	Reduced -20.1k	-20,133 -16.4%
56	ORMAT TECHNOLOGIES INC COM ORA	ORA	105,654	$11.5m0.19%	0.19%	Reduced -2.8k	-2,770 -2.5%
57	FIRST SOLAR INC COM FSLR	FSLR	48,665	$11.5m0.19%	0.19%	Reduced -1.3k	-1,276 -2.6%
58	NETEASE INC SPONSORED ADS NTES	NTES	84,586	$10.8m0.18%	0.18%	Added +7.2k	+7,212 9.3%
59	DEVON ENERGY CORP NEW COM DVN	DVN	256,963	$10.6m0.18%	0.18%	Reduced -31.4k	-31,357 -10.9%
60	OWENS CORNING NEW COM OC	OC	65,014	$10.3m0.17%	0.17%	Added +1.4k	+1,402 2.2%
61	HALLIBURTON CO COM HAL	HAL	298,210	$10.1m0.17%	0.17%	Reduced -40.8k	-40,817 -12.0%
62	WILLIAMS COS INC COM WMB	WMB	134,715	$10.0m0.17%	0.17%	Reduced -19.0k	-18,953 -12.3%
63	SCHLUMBERGER LTD COM STK SLB	SLB	206,777	$9.6m0.16%	0.16%	Reduced -40.2k	-40,183 -16.3%
64	TC ENERGY CORP COM TRP	TRP	141,661	$9.4m0.16%	0.16%	Reduced -22.9k	-22,879 -13.9%
65	ENBRIDGE INC COM ENB	ENB	172,617	$9.4m0.16%	0.16%	Reduced -24.3k	-24,328 -12.3%
66	KINDER MORGAN INC DEL COM KMI	KMI	286,667	$9.2m0.16%	0.16%	Reduced -49.2k	-49,236 -14.7%
67	CARLISLE COS INC COM CSL	CSL	24,511	$8.9m0.15%	0.15%	Added +407	+407 1.7%
68	APTIV PLC COM SHS APTV	APTV	137,910	$8.5m0.14%	0.14%	Added +2.5k	+2,486 1.8%
69	AECOM COM ACM	ACM	119,464	$8.3m0.14%	0.14%	Reduced -3.1k	-3,130 -2.5%
70	ITRON INC COM ITRI	ITRI	96,087	$8.3m0.14%	0.14%	Added +1.8k	+1,794 1.9%
71	BAKER HUGHES COMPANY CL A BKR	BKR	147,628	$8.2m0.14%	0.14%	Reduced -27.7k	-27,673 -15.8%
72	QUALCOMM INC COM QCOM	QCOM	37,980	$7.0m0.12%	0.12%	Reduced -20.6k	-20,577 -35.1%
73	AMERESCO INC CL A AMRC	AMRC	193,399	$5.3m0.09%	0.09%	Added +6.5k	+6,467 3.5%
74	CANADIAN SOLAR INC COM CSIQ	CSIQ	311,173	$5.0m0.08%	0.08%	Reduced -8.2k	-8,161 -2.6%
75	ENPHASE ENERGY INC COM ENPH	ENPH	65,436	$3.2m0.05%	0.05%	Reduced -1.7k	-1,722 -2.6%
76	HELIX ENERGY SOLUTIONS GRP I COM HOS	HOS	256,264	$2.2m0.04%	0.04%	Reduced -41.4k	-41,360 -13.9%
77	AFFILIATED MANAGERS GROUP IN COM AMG	AMG	3,190	$1.1m0.02%	0.02%	Reduced -764	-764 -19.3%
78	STATE STR CORP COM STT	STT	6,322	$1.1m0.02%	0.02%	Reduced -2.8k	-2,794 -30.6%
79	TERADYNE INC COM TER	TER	1,726	$835.1k0.01%	0.01%	Added +221	+221 14.7%
80	INVESCO LTD SHS IVZ	IVZ	31,472	$830.5k0.01%	0.01%	Reduced -5.6k	-5,561 -15.0%
81	AMERIPRISE FINL INC COM AMP	AMP	1,704	$781.7k0.01%	0.01%	Reduced -298	-298 -14.9%
82	RAYMOND JAMES FINL INC COM RJF	RJF	4,998	$759.8k0.01%	0.01%	Reduced -881	-881 -15.0%
83	ENTEGRIS INC COM ENTG	ENTG	4,156	$747.5k0.01%	0.01%	Added +532	+532 14.7%
84	FRANKLIN RESOURCES INC COM BEN	BEN	21,525	$716.1k0.01%	0.01%	Reduced -3.8k	-3,804 -15.0%
85	JAZZ PHARMACEUTICALS PLC SHS USD JAZZ	JAZZ	2,730	$657.8k0.01%	0.01%	Added +247	+247 9.9%
86	VERTIV HOLDINGS CO COM CL A VRT	VRT	1,910	$639.5k0.01%	0.01%	Added +233	+233 13.9%
87	KEYSIGHT TECHNOLOGIES INC COM KEYS	KEYS	1,821	$637.5k0.01%	0.01%	Added +232	+232 14.6%
88	CREDICORP LTD COM BAP	BAP	1,631	$635.4k0.01%	0.01%	Reduced -464	-464 -22.1%
89	BLACKSTONE INC COM BX	BX	5,115	$601.9k0.01%	0.01%	Reduced -902	-902 -15.0%
90	ARES MANAGEMENT CORPORATION CL A COM STK ARES	ARES	5,334	$593.7k0.01%	0.01%	Reduced -941	-941 -15.0%
91	IDEX CORP COM IEX	IEX	2,572	$583.7k0.01%	0.01%	Added +344	+344 15.4%
92	MONOLITHIC PWR SYS INC COM MPWR	MPWR	415	$573.7k0.01%	0.01%	Added +20	+20 5.1%
93	KKR & CO INC COM KKR	KKR	6,076	$557.7k0.01%	0.01%	Reduced -1.1k	-1,071 -15.0%
94	CARLYLE GROUP INC COM CG	CG	13,143	$553.5k0.01%	0.01%	Reduced -2.3k	-2,321 -15.0%
95	REVVITY INC COM RVTY	RVTY	4,961	$552.0k0.01%	0.01%	Added +1.1k	+1,062 27.2%
96	ADVANCED DRAIN SYS INC DEL COM WMS	WMS	3,440	$539.9k0.01%	0.01%	Added +735	+735 27.2%
97	EDWARDS LIFESCIENCES CORP COM EW	EW	5,886	$532.4k0.01%	0.01%	Added +1.3k	+1,259 27.2%
98	ADDUS HOMECARE CORP COM ADUS	ADUS	5,155	$517.9k0.01%	0.01%	Added +1.9k	+1,864 56.6%
99	MSCI INC COM MSCI	MSCI	910	$509.6k0.01%	0.01%	Added +254	+254 38.7%
100	ZEBRA TECHNOLOGIES CORPORATI CL A ZBRA	ZBRA	1,903	$501.0k0.01%	0.01%	Added +697	+697 57.8%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
ADOBE INC ADBE	ADBE	141,596	$34.4m141.6k shares
INTUIT INTU	INTU	71,115	$30.7m71.1k shares
EXXON MOBIL CORP XOM	XOM	139,724	$23.7m139.7k shares
AUTOHOME INC ATHM	ATHM	3,271	$56.8k3.3k shares