GUARDCAP ASSET MANAGEMENT Ltd

LONDON, X0 · CIK 1732008 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2020 · other (specify)

Assets managed$5.9bn
Staff24 · 10 in investment roles
Main clients (by assets)Private funds 91%, State and local governments 4%, Companies 4%
Form ADV · 2026-03-31SEC adviser record

Legal entityGUARDCAP ASSET MANAGEMENT LIMITED (GB)

Kindprivate equity, institutions, wealth, bank or insurer
Others nearbyToronto, Salt Lake City, UT, Richmond, VA, Kitchener, London, Montréal
FamilyFederation des caisses Desjardins du Quebec · 14 related pages · largest: Federation des caisses Desjardins du Quebec

$1.4bn reported value -19.5% vs Q1 2026

18positions

83.9%in top 10

0 new 1 added 15 reduced 9 sold out vs Q1 2026

This report includes the holdings of 1 other manager that shares the investment decisions:

GUARDIAN CAPITAL LP – files its own report too; $145.6m of shares are in both

Shares in two reports are counted once in each security's totals.

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	CME GROUP INC COM CME	CME	773,225	$172.1m12.24%	12.24%	Reduced -152.4k	-152,399 -16.5%
2	UNITEDHEALTH GROUP INC COM UNH	UNH	388,415	$159.9m11.37%	11.37%	Reduced -76.7k	-76,746 -16.5%
3	YUM CHINA HLDGS INC COM YUMC	YUMC	3,255,683	$133.1m9.46%	9.46%	Reduced -690.1k	-690,053 -17.5%
4	ILLUMINA INC COM ILMN	ILMN	740,132	$128.7m9.15%	9.15%	Reduced -147.4k	-147,377 -16.6%
5	BOOKING HOLDINGS INC COM BKNG	BKNG	646,216	$121.6m8.65%	8.65%	Reduced -162.0k	-162,009 -20.1%
6	COLGATE PALMOLIVE CO COM CL	CL	1,301,977	$118.3m8.41%	8.41%	Reduced -287.8k	-287,823 -18.1%
7	MASTERCARD INCORPORATED CL A MA	MA	222,508	$114.4m8.13%	8.13%	Reduced -41.5k	-41,549 -15.7%
8	MICROSOFT CORP COM MSFT	MSFT	256,389	$96.7m6.87%	6.87%	Reduced -50.2k	-50,176 -16.4%
9	VERISK ANALYTICS INC COM VRSK	VRSK	394,513	$71.1m5.06%	5.06%	Reduced -78.3k	-78,340 -16.6%
10	ADOBE INC COM ADBE	ADBE	306,204	$63.8m4.53%	4.53%	Reduced -61.6k	-61,606 -16.8%
11	MARKETAXESS HLDGS INC COM MKTX	MKTX	536,324	$62.2m4.42%	4.42%	Reduced -107.0k	-107,046 -16.6%
12	NIKE INC CL B NKE	NKE	1,438,583	$60.4m4.30%	4.30%	Reduced -285.4k	-285,411 -16.6%
13	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	256,473	$57.7m4.11%	4.11%	Reduced -50.6k	-50,593 -16.5%
14	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	283,477	$37.1m2.64%	2.64%	Reduced -55.2k	-55,240 -16.3%
15	SMITH A O CORP COM AOS	AOS	60,555	$4.0m0.28%	0.28%	Unchanged
16	WATERS CORP COM WAT	WAT	10,225	$3.9m0.28%	0.28%	Unchanged
17	RELX PLC SPONSORED ADR RELX	RELX	38,023	$1.2m0.09%	0.09%	Added +148	+148 0.4%
18	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	349	$166.7k0.01%	0.01%	Reduced -5.0k	-4,985 -93.5%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
MERCADOLIBRE INC MELI	MELI	700	$1.2m700 shares
HDFC BANK LTD HDB	HDB	38,800	$965.3k38.8k shares
ALIBABA GROUP HLDG LTD BABA	BABA	4,750	$595.9k4.8k shares
ITAU UNIBANCO HLDG S A ITUB	ITUB	67,718	$567.5k67.7k shares
INFOSYS LTD INFY	INFY	40,000	$540.4k40.0k shares
TRIP COM GROUP LTD TCOM	TCOM	10,230	$509.4k10.2k shares
NETEASE INC NTES	NTES	3,855	$431.5k3.9k shares
GLOBANT S A GLOB	GLOB	3,172	$146.3k3.2k shares
SEA LTD SE	SE	1,120	$92.7k1.1k shares