Flossbach Von Storch (Bert Flossbach & Kurt von Storch) latest 13F portfolio: 109 holdings worth $21.4B as of Q1 2026.
Backtested since 2020: mirroring Flossbach Von Storch's reported 13F equity holdings each quarter would have returned +121.8% versus +192.9%for the S&P 500 (+13.6% annualized). See the Performance tab for the full equity curve.
Investor: Bert Flossbach & Kurt von Storch
Number of Assets: 109
Reporting Period: Q1 - 2026
Holdings at Report: $21,428,667,652
Return $ Since Report: +$2,508,658,354
Return % Since Report: +11.71%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Alphabet Inc. (GOOGL) | Equity | -16.22% | 4,998,554 | 6.71% | $287.56 | $362.43 | $1,437,384,188 | $1,811,625,926 | +$374,241,738 | +26.04% |
| Alphabet Inc. (GOOG) | Equity | 0% | 2,239 | 0.00% | $286.86 | $360.13 | $642,280 | $806,331 | +$164,051 | +25.54% |
| Berkshire Hathaway Inc. (BRK-B) | Equity | -5.58% | 2,600,645 | 5.82% | $479.20 | $518.85 | $1,246,229,084 | $1,349,344,658 | +$103,115,574 | +8.27% |
| Biontech Se (BNTX) | Equity | -12.29% | 3,680,315 | 1.53% | $88.88 | $92.18 | $327,106,397 | $339,251,437 | +$12,145,040 | +3.71% |
| Broadcom Inc. (AVGO) | Equity | -5.96% | 271,335 | 0.39% | $309.51 | $418.28 | $83,980,896 | $113,494,004 | +$29,513,108 | +35.14% |
| Cadence Design Systems Inc. (CDNS) | Equity | +56.57% | 1,561 | 0.00% | $277.87 | $337.07 | $433,755 | $526,166 | +$92,411 | +21.30% |
| Coupang Inc. (CPNG) | Equity | -8.57% | 160,000 | 0.01% | $18.88 | $16.00 | $3,020,800 | $2,560,000 | -$460,800 | -15.25% |
| Fastenal Company (FAST) | Equity | +100% | 11,501 | 0.00% | $46.40 | $49.99 | $533,646 | $574,935 | +$41,289 | +7.74% |
| Fomento Económico Mexicano S.A.B. De C.V. (FMX) | Equity | 0% | 20,000 | 0.01% | $111.06 | $124.37 | $2,221,200 | $2,487,400 | +$266,200 | +11.98% |
| Ferrari N.V. (RACE) | Equity | -46.40% | 45,403 | 0.07% | $333.88 | $406.80 | $15,159,231 | $18,469,940 | +$3,310,709 | +21.84% |
| Fortinet Inc. (FTNT) | Equity | +7.35% | 13,989 | 0.01% | $81.72 | $164.13 | $1,143,181 | $2,296,015 | +$1,152,834 | +100.84% |
| Fortive Corp. (FTV) | Equity | +5.28% | 11,902,828 | 3.07% | $55.28 | $61.34 | $657,988,332 | $730,119,470 | +$72,131,138 | +10.96% |
| The Home Depot Inc. (HD) | Equity | -7.92% | 45,434 | 0.07% | $328.89 | $353.14 | $14,942,788 | $16,044,563 | +$1,101,775 | +7.37% |
| Icici Bank Limited (IBN) | Equity | -5.00% | 190,000 | 0.02% | $25.90 | $30.40 | $4,921,000 | $5,776,000 | +$855,000 | +17.37% |
| Idex Corp. (IEX) | Equity | -7.24% | 740,319 | 0.65% | $189.55 | $236.98 | $140,327,466 | $175,440,797 | +$35,113,331 | +25.02% |
| 3m Company (MMM) | Equity | -14.09% | 570,027 | 0.39% | $145.23 | $182.08 | $82,785,021 | $103,790,516 | +$21,005,495 | +25.37% |
| Abbott Laboratories (ABT) | Equity | +21.69% | 7,858,443 | 3.77% | $102.67 | $105.71 | $806,826,343 | $830,716,010 | +$23,889,667 | +2.96% |
| Accenture PLC (ACN) | Equity | -8.09% | 2,364,656 | 2.19% | $198.29 | $170.73 | $468,887,638 | $403,717,719 | -$65,169,919 | -13.90% |
| Booking Holdings Inc. (BKNG) | Equity | +43.73% | 13,022 | 0.26% | $4,210.32 | $207.02 | $54,826,787 | $2,695,814 | -$52,130,973 | -95.08% |
| Linde PLC (LIN) | Equity | -24.28% | 822,259 | 1.90% | $495.76 | $491.05 | $407,643,122 | $403,770,282 | -$3,872,840 | -0.95% |
| MakeMyTrip Limited (MMYT) | Equity | +33.33% | 60,000 | 0.01% | $37.29 | $61.20 | $2,237,400 | $3,672,000 | +$1,434,600 | +64.12% |
| Marketaxess Holdings Inc. (MKTX) | Equity | +16.11% | 108,100 | 0.08% | $164.98 | $162.41 | $17,834,338 | $17,556,521 | -$277,817 | -1.56% |
| Mastercard Inc. (MA) | Equity | -8.45% | 529,576 | 1.23% | $499.66 | $570.48 | $264,607,944 | $302,112,516 | +$37,504,572 | +14.17% |
| Alibaba Group Holding Limited (BABA) | Equity | -89.92% | 6,656 | 0.00% | $125.46 | $128.53 | $835,062 | $855,496 | +$20,434 | +2.45% |
| Amazon.com Inc. (AMZN) | Equity | -8.35% | 5,962,801 | 5.80% | $208.27 | $272.65 | $1,241,872,564 | $1,625,757,693 | +$383,885,129 | +30.91% |
| American Express Company (AXP) | Equity | -1.62% | 86,666 | 0.12% | $302.48 | $348.99 | $26,214,732 | $30,245,567 | +$4,030,835 | +15.38% |
| Ametek Inc. (AME) | Equity | -9.48% | 3,458,134 | 3.46% | $214.36 | $254.76 | $741,285,604 | $880,994,218 | +$139,708,614 | +18.85% |
| Amphenol Corp. (APH) | Equity | -23.52% | 5,568,649 | 3.28% | $126.35 | $172.24 | $703,598,801 | $959,144,104 | +$255,545,303 | +36.32% |
| Analog Devices Inc. (ADI) | Equity | -21.71% | 632,481 | 0.94% | $318.14 | $377.69 | $201,217,505 | $238,881,749 | +$37,664,244 | +18.72% |
| Apple Inc. (AAPL) | Equity | -16.89% | 2,712,526 | 3.21% | $253.79 | $311.00 | $688,411,974 | $843,595,586 | +$155,183,612 | +22.54% |
| Applied Materials Inc. (AMAT) | Equity | -46.58% | 396,117 | 0.63% | $341.79 | $534.24 | $135,388,829 | $211,621,546 | +$76,232,717 | +56.31% |
| Automatic Data Processing Inc. (ADP) | Equity | +989.98% | 61,878 | 0.06% | $203.18 | $270.09 | $12,572,372 | $16,712,629 | +$4,140,257 | +32.93% |
| Becton Dickinson And Company (BDX) | Equity | -9.41% | 125,772 | 0.09% | $157.23 | $170.66 | $19,775,132 | $21,464,250 | +$1,689,118 | +8.54% |
| Berkshire Hathaway Inc. (BRK-A) | Equity | 0% | 4 | 0.01% | $718,140.00 | $777,696.00 | $2,872,560 | $3,110,784 | +$238,224 | +8.29% |
| Blackstone Inc. (BX) | Equity | 0% | 45,000 | 0.02% | $114.99 | $136.03 | $5,174,550 | $6,121,350 | +$946,800 | +18.30% |
| Colgate-Palmolive Company (CL) | Equity | +42.13% | 594,920 | 0.24% | $85.23 | $93.28 | $50,705,032 | $55,494,138 | +$4,789,106 | +9.45% |
| Exxon Mobil Corp. (XOM) | Equity | -12.93% | 269,368 | 0.21% | $169.66 | $151.63 | $45,700,975 | $40,844,270 | -$4,856,705 | -10.63% |
| Johnson & Johnson (JNJ) | Equity | -21.97% | 1,096,864 | 1.25% | $244.44 | $257.59 | $268,117,436 | $282,541,198 | +$14,423,762 | +5.38% |
| Airbnb Inc. (ABNB) | Equity | +12.12% | 14,972 | 0.01% | $126.28 | $152.49 | $1,890,664 | $2,283,080 | +$392,416 | +20.76% |
| Copart Inc. (CPRT) | Equity | +13.51% | 2,221,768 | 0.34% | $33.20 | $28.91 | $73,762,698 | $64,231,313 | -$9,531,385 | -12.92% |
| Danaher Corp. (DHR) | Equity | -1.96% | 3,995,873 | 3.54% | $189.60 | $199.66 | $757,617,521 | $797,816,003 | +$40,198,482 | +5.31% |
| Deere & Company (DE) | Equity | +100% | 980 | 0.00% | $563.30 | $612.00 | $552,034 | $599,760 | +$47,726 | +8.65% |
| Dollar General Corp. (DG) | Equity | -18.01% | 680,227 | 0.38% | $118.73 | $126.94 | $80,763,352 | $86,348,015 | +$5,584,663 | +6.91% |
| HDFC Bank Limited (HDB) | Equity | +8.81% | 1,802,765 | 0.21% | $24.88 | $23.85 | $44,852,793 | $42,995,945 | -$1,856,848 | -4.14% |
| Idexx Laboratories Inc. (IDXX) | Equity | -66.68% | 18,034 | 0.05% | $561.89 | $584.78 | $10,133,124 | $10,545,923 | +$412,799 | +4.07% |
| Illinois Tool Works Inc. (ITW) | Equity | -24.60% | 197,788 | 0.24% | $260.29 | $297.32 | $51,482,239 | $58,806,328 | +$7,324,089 | +14.23% |
| Intercontinental Exchange Inc. (ICE) | Equity | +1.77% | 4,938,369 | 3.62% | $157.28 | $149.84 | $776,706,676 | $739,965,211 | -$36,741,465 | -4.73% |
| International Business Machines Corp. (IBM) | Equity | +772.28% | 39,645 | 0.04% | $242.39 | $235.92 | $9,609,446 | $9,353,048 | -$256,398 | -2.67% |
| Intuit Inc. (INTU) | Equity | +1888.48% | 344,723 | 0.70% | $432.38 | $327.94 | $149,051,331 | $113,048,461 | -$36,002,870 | -24.15% |
| Blackrock Inc. (BLK) | Equity | -41.99% | 58,857 | 0.26% | $961.71 | $1,133.58 | $56,603,365 | $66,719,118 | +$10,115,753 | +17.87% |
| The Charles Schwab Corp. (SCHW) | Equity | +1.95% | 10,669,791 | 4.68% | $93.98 | $108.02 | $1,002,746,958 | $1,152,550,824 | +$149,803,866 | +14.94% |
| Check Point Software Technologies Ltd. (CHKP) | Equity | +7.35% | 5,756 | 0.00% | $142.85 | $125.35 | $822,245 | $721,515 | -$100,730 | -12.25% |
| Church & Dwight Co. Inc. (CHD) | Equity | +14.27% | 146,108 | 0.06% | $93.32 | $103.64 | $13,634,799 | $15,142,633 | +$1,507,834 | +11.06% |
| The Coca-Cola Company (KO) | Equity | -26.89% | 608,505 | 0.22% | $76.05 | $86.83 | $46,276,805 | $52,836,489 | +$6,559,684 | +14.17% |
| ConocoPhillips (COP) | Equity | +32.21% | 132,324 | 0.08% | $132.00 | $115.04 | $17,466,768 | $15,222,553 | -$2,244,215 | -12.85% |
| Lululemon Athletica Inc. (LULU) | Equity | -1.83% | 1,857,905 | 1.33% | $153.10 | $123.51 | $284,445,256 | $229,469,847 | -$54,975,409 | -19.33% |
| Magnum Ice Cream Co (MICC) | Equity | +6.28% | 5,888,196 | 0.40% | $14.68 | $18.85 | $86,461,463 | $110,992,495 | +$24,531,032 | +28.37% |
| MSCI Inc. (MSCI) | Equity | -0.98% | 221,276 | 0.56% | $539.01 | $571.87 | $119,269,977 | $126,541,106 | +$7,271,129 | +6.10% |
| Nasdaq Inc. (NDAQ) | Equity | -40.33% | 684,974 | 0.27% | $84.89 | $94.56 | $58,147,443 | $64,771,141 | +$6,623,698 | +11.39% |
| Sea Limited (SE) | Equity | +33.33% | 20,000 | 0.01% | $82.81 | $114.91 | $1,656,200 | $2,298,200 | +$642,000 | +38.76% |
| The Sherwin-Williams Company (SHW) | Equity | +5.73% | 415,505 | 0.62% | $320.55 | $369.68 | $133,190,128 | $153,603,888 | +$20,413,760 | +15.33% |
| Ross Stores Inc. (ROST) | Equity | -51.30% | 58,755 | 0.06% | $216.63 | $253.22 | $12,728,096 | $14,877,941 | +$2,149,845 | +16.89% |
| Stryker Corp. (SYK) | Equity | +89.81% | 539,538 | 0.83% | $328.59 | $337.03 | $177,286,791 | $181,840,492 | +$4,553,701 | +2.57% |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | Equity | -69.04% | 228,274 | 0.36% | $337.95 | $414.00 | $77,145,198 | $94,505,436 | +$17,360,238 | +22.50% |
| Thermo Fisher Scientific Inc. (TMO) | Equity | -10.32% | 1,954,070 | 4.48% | $491.53 | $577.83 | $960,484,027 | $1,129,120,268 | +$168,636,241 | +17.56% |
| The Tjx Companies Inc. (TJX) | Equity | +34.14% | 163,526 | 0.12% | $159.70 | $159.92 | $26,115,102 | $26,151,078 | +$35,976 | +0.14% |
| Verizon Communications Inc. (VZ) | Equity | -74.54% | 96,234 | 0.02% | $50.20 | $46.47 | $4,830,947 | $4,471,994 | -$358,953 | -7.43% |
| Visa Inc. (V) | Equity | -5.69% | 2,022,150 | 2.85% | $302.24 | $368.54 | $611,174,616 | $745,243,161 | +$134,068,545 | +21.94% |
| Walmart Inc. (WMT) | Equity | -30.84% | 231,762 | 0.13% | $124.28 | $112.34 | $28,803,381 | $26,036,143 | -$2,767,238 | -9.61% |
| The Walt Disney Company (DIS) | Equity | -3.05% | 138,442 | 0.06% | $96.38 | $101.76 | $13,343,040 | $14,087,858 | +$744,818 | +5.58% |
| Yum China Holdings Inc. (YUMC) | Equity | -7.69% | 60,000 | 0.01% | $48.78 | $47.50 | $2,926,800 | $2,850,000 | -$76,800 | -2.62% |
| Mcdonald'S Corp. (MCD) | Equity | +28.84% | 499,162 | 0.72% | $310.79 | $274.00 | $155,134,558 | $136,770,388 | -$18,364,170 | -11.84% |
| Medtronic PLC (MDT) | Equity | +21.15% | 1,317,790 | 0.53% | $86.65 | $85.99 | $114,186,504 | $113,316,762 | -$869,742 | -0.76% |
| Mercadolibre Inc. (MELI) | Equity | +4.09% | 187,134 | 1.51% | $1,729.02 | $1,922.57 | $323,558,429 | $359,778,214 | +$36,219,785 | +11.19% |
| Meta Platforms Inc. (META) | Equity | -12.82% | 396,709 | 1.06% | $572.13 | $588.77 | $226,969,120 | $233,570,358 | +$6,601,238 | +2.91% |
| Microsoft Corp. (MSFT) | Equity | +12.32% | 3,524,051 | 6.09% | $370.17 | $487.46 | $1,304,497,959 | $1,717,833,900 | +$413,335,941 | +31.69% |
| Mondelez International Inc. (MDLZ) | Equity | +14.61% | 13,386 | 0.00% | $57.64 | $62.60 | $771,569 | $837,964 | +$66,395 | +8.61% |
| Moody's Corp. (MCO) | Equity | -37.21% | 54,137 | 0.11% | $436.25 | $483.98 | $23,617,266 | $26,201,225 | +$2,583,959 | +10.94% |
| Old Dominion Freight Line Inc. (ODFL) | Equity | -97.17% | 3,364 | 0.00% | $195.40 | $215.45 | $657,326 | $724,774 | +$67,448 | +10.26% |
| Pepsico Inc. (PEP) | Equity | -22.63% | 4,725,462 | 3.42% | $155.29 | $138.78 | $733,816,994 | $655,799,616 | -$78,017,378 | -10.63% |
| Salesforce Inc. (CRM) | Equity | -6.08% | 817,369 | 0.71% | $186.67 | $192.98 | $152,578,271 | $157,735,870 | +$5,157,599 | +3.38% |
| Schlumberger Limited (SLB) | Equity | +100% | 61,932 | 0.01% | $51.39 | $49.91 | $3,182,685 | $3,091,026 | -$91,659 | -2.88% |
| Spotify Technology S.A. (SPOT) | Equity | -81.42% | 2,017 | 0.00% | $484.91 | $482.23 | $978,063 | $972,658 | -$5,405 | -0.55% |
| Trane Technologies PLC (TT) | Equity | +167.63% | 66,908 | 0.13% | $416.74 | $483.58 | $27,883,240 | $32,355,371 | +$4,472,131 | +16.04% |
| Nike Inc. (NKE) | Equity | -4.43% | 12,188,384 | 3.00% | $52.82 | $42.45 | $643,790,443 | $517,396,901 | -$126,393,542 | -19.63% |
| Nu Holdings Ltd. (NU) | Equity | -21.43% | 550,000 | 0.04% | $14.37 | $14.48 | $7,903,500 | $7,964,000 | +$60,500 | +0.77% |
| Nvidia Corp. (NVDA) | Equity | +9.62% | 324,300 | 0.26% | $174.40 | $219.22 | $56,557,920 | $71,093,046 | +$14,535,126 | +25.70% |
| O'Reilly Automotive Inc. (ORLY) | Equity | -67.44% | 24,236 | 0.01% | $92.31 | $93.44 | $2,237,225 | $2,264,612 | +$27,387 | +1.22% |
| Trip.Com Group Limited (TCOM) | Equity | 0% | 45,000 | 0.01% | $49.79 | $45.96 | $2,240,550 | $2,068,200 | -$172,350 | -7.69% |
| Uber Technologies Inc. (UBER) | Equity | -7.88% | 697,969 | 0.23% | $71.93 | $68.18 | $50,204,910 | $47,587,526 | -$2,617,384 | -5.21% |
| Union Pacific Corp. (UNP) | Equity | -62.71% | 19,683 | 0.02% | $242.62 | $295.54 | $4,775,489 | $5,817,114 | +$1,041,625 | +21.81% |
| Verisk Analytics Inc. (VRSK) | Equity | +32.87% | 318,296 | 0.28% | $189.75 | $188.75 | $60,396,666 | $60,078,370 | -$318,296 | -0.53% |
| Netease Inc. (NTES) | Equity | 0% | 15,000 | 0.01% | $111.94 | $128.11 | $1,679,100 | $1,921,650 | +$242,550 | +14.45% |
| Netflix Inc. (NFLX) | Equity | +8.76% | 610,276 | 0.27% | $96.15 | $74.20 | $58,678,037 | $45,282,479 | -$13,395,558 | -22.83% |
| PDD Holdings Inc. (PDD) | Equity | +7.34% | 6,081 | 0.00% | $102.18 | $90.94 | $621,357 | $553,006 | -$68,351 | -11.00% |
| The Procter & Gamble Company (PG) | Equity | -28.36% | 2,269,210 | 1.53% | $144.44 | $146.80 | $327,764,692 | $333,120,028 | +$5,355,336 | +1.63% |
| Ralliant corp (RAL) | Equity | +22.52% | 3,706,885 | 0.72% | $41.59 | $66.36 | $154,169,347 | $245,988,889 | +$91,819,542 | +59.56% |
| Roper Technologies Inc. (ROP) | Equity | +10.37% | 1,263,603 | 2.09% | $353.86 | $394.53 | $447,138,558 | $498,529,292 | +$51,390,734 | +11.49% |
| S&P Global Inc. (SPGI) | Equity | +96.95% | 1,387,910 | 2.75% | $425.34 | $410.03 | $590,333,639 | $569,084,737 | -$21,248,902 | -3.60% |
| Starbucks Corp. (SBUX) | Equity | -12.57% | 266,312 | 0.11% | $89.59 | $106.00 | $23,858,892 | $28,229,072 | +$4,370,180 | +18.32% |
| Intuit Call (INTU) | Call | +100% | 12 | N/A | $43,238.00 | N/A | $518,856 | N/A | N/A | N/A |
| Totalenergies Se | Equity | -42.72% | 546,434 | 0.24% | $93.48 | N/A | $51,078,095 | N/A | N/A | N/A |
| Snap | Bond | -22.22% | 700,000 | N/A | $0.95 | N/A | $664,685 | N/A | N/A | N/A |
| Akamai Technologies | Bond | -33.33% | 600,000 | N/A | $1.16 | N/A | $694,214 | N/A | N/A | N/A |
| Uber Technologies | Bond | 0% | 700,000 | N/A | $1.21 | N/A | $847,838 | N/A | N/A | N/A |
| Akamai Technologies | Bond | -23.53% | 1,300,000 | N/A | $1.14 | N/A | $1,487,470 | N/A | N/A | N/A |
| Snap | Bond | 0% | 300,000 | N/A | $0.91 | N/A | $273,931 | N/A | N/A | N/A |
| Etsy | Bond | -21.43% | 1,100,000 | N/A | $0.90 | N/A | $986,971 | N/A | N/A | N/A |
| JD.com Inc. | Bond | +100% | 1,000,000 | N/A | $1.00 | N/A | $999,813 | N/A | N/A | N/A |