GQG Partners LLC

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, GQG Partners LLC maintained a portfolio of 102 distinct positions. The most significant new addition to the portfolio was BERKSHIRE HATHAWAY I, which now represents 1.65% of the total fund value. They heavily accumulated shares in PHILIP MORRIS INTL I, increasing their position by 0.2%. Conversely, GQG Partners LLC completely exited their position in MERCADOLIBRE INC.
PCA Score Concentration Risk
Risk ENB
Total Positions
102
Quarter
2025 Q4
Top Holding
PM (14.6%)
Top 10 Concentration
51.3%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 102
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
PM
PHILIP MORRIS I...
Consumer Defensive 14.56% 13.70% #1
Prev: #1
7.8 114,466 0.2%
P
S
55,096,316 $8,837,452,408 2019 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CB
CHUBB LIMITED
Financial Services 6.42% 4.70% #2 1
Prev: #3
4.6 1,647,729 15.2%
P
S
12,481,176 $3,895,626,581 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ENB
ENBRIDGE INC
Energy 6.34% 6.48% #3 1
Prev: #2
2.5 -3,208,522 -3.8%
P
S
80,353,458 $3,849,695,956 2019 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
PGR
PROGRESSIVE COR...
Financial Services 3.91% 3.54% #4 3
Prev: #7
3.6 1,092,151 11.7%
P
S
10,432,549 $2,375,705,500 2020 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
IBN
ICICI BANK LIMI...
Financial Services 3.66% 3.51% #5 3
Prev: #8
1.5 -998,186 -1.3%
P
S
74,633,839 $2,224,088,497 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CI
THE CIGNA GROUP
Healthcare 3.52% 3.01% #6 4
Prev: #10
3.5 972,302 14.3%
P
S
7,763,295 $2,136,698,563 2017 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
T
AT&T INC
Communication Services 3.52% 4.63% #7 3
Prev: #4
1.5 -20,777,716 -19.5%
P
S
86,007,645 $2,136,430,158 2018 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
AEP
AMERICAN ELEC P...
Utilities 3.21% 3.27% #8 1
Prev: #9
1.3 -2,006,111 -10.6%
P
S
16,902,872 $1,949,072,693 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
HDB
HDFC BANK LTD
Financial Services 3.19% 2.74% #9 2
Prev: #11
3.3 777,977 1.5%
P
S
52,962,709 $1,935,257,591 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
KO
COCA COLA CO
Consumer Defensive 3.02% 2.32% #10 4
Prev: #14
3.3 3,449,026 15.1%
P
S
26,250,313 $1,835,160,912 2018 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
VZ
VERIZON COMMUNI...
Communication Services 2.94% 3.58% #11 5
Prev: #6
1.2 -9,124,130 -17.2%
P
S
43,866,695 $1,786,691,129 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
PBR
PETROLEO BRASIL...
Energy 2.65% 4.12% #12 7
Prev: #5
1.2 -75,948,414 -35.8%
P
S
136,003,212 $1,611,638,097 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
JNJ
JOHNSON & JOHNS...
Healthcare 2.64% 1.72% #13 8
Prev: #21
3.1 1,714,687 28.4%
P
S
7,752,266 $1,604,336,241 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BTI
BRITISH AMERN T...
Consumer Defensive 2.62% 2.33% #14 1
Prev: #13
1.1 -492,122 -1.7%
P
S
28,062,747 $1,588,913,012 2017 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MO
ALTRIA GROUP IN...
Consumer Defensive 2.38% 2.61% #15 3
Prev: #12
1.0 -685,572 -2.7%
P
S
25,058,437 $1,444,870,608 2021 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
AIG
AMERICAN INTL G...
Financial Services 2.18% 2.23% #16
Prev: #16
0.9 -2,971,094 -16.1%
P
S
15,492,942 $1,325,423,082 2022 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
CME
CME GROUP INC
Financial Services 1.89% 1.88% #17 2
Prev: #19
0.8 -315,193 -7.0%
P
S
4,208,459 $1,149,252,920 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ALL
ALLSTATE CORP
Financial Services 1.88% 1.33% #18 9
Prev: #27
2.9 1,452,993 36.0%
P
S
5,488,560 $1,142,449,132 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
DUK
DUKE ENERGY COR...
Utilities 1.84% 1.96% #19 1
Prev: #18
0.8 -783,981 -7.6%
P
S
9,543,071 $1,118,546,141 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
EXC
EXELON CORP
Utilities 1.79% 1.87% #20
Prev: #20
0.7 -2,015,701 -7.5%
P
S
24,979,574 $1,088,860,558 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
XOM
EXXON MOBIL COR...
Energy 1.73% 2.04% #21 4
Prev: #17
0.8 -3,078,811 -26.1%
P
S
8,715,556 $1,048,832,509 2018 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
BRK/B
BERKSHIRE HATHA...
Financial Services 1.65% #22
Prev: #—
2.7 1,997,793 no change
NEW
1,997,793 $1,004,203,238 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
XEL
XCEL ENERGY INC
Utilities 1.50% 1.62% #23
Prev: #23
0.6 -739,125 -5.7%
P
S
12,334,556 $911,032,054 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
TRP
TC ENERGY CORP
Energy 1.47% 0.20% #24 25
Prev: #49
2.9 13,801,371 586.5%
P
S
16,154,469 $890,710,840 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
VALE
VALE S A
Basic Materials 1.40% 0.76% #25 11
Prev: #36
2.7 19,397,396 42.4%
P
S
65,132,572 $848,677,413 2018 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MELI
MERCADOLIBRE IN...
Consumer Cyclical 0.00% 1.19%
Sold All 😨
(Was: #30)
0.3 -332,296 -100.0%
CLOSED
$— 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
DB
DEUTSCHE BANK A...
Financial Services 0.00% 1.08%
Sold All 😨
(Was: #31)
0.3 -20,063,955 -100.0%
CLOSED
$— 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
DTE
DTE ENERGY CO
Utilities 0.00% 0.95%
Sold All 😨
(Was: #33)
0.3 -4,359,398 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ICE
INTERCONTINENTA...
Financial Services 0.00% 0.17%
Sold All 😨
(Was: #52)
0.3 -659,877 -100.0%
CLOSED
$— 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
KSPI
KASPI KZ JSC
Technology 0.00% 0.14%
Sold All 😨
(Was: #53)
0.3 -1,107,143 -100.0%
CLOSED
$— 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
FLUT
FLUTTER ENTMT P...
Consumer Cyclical 0.00% 0.11%
Sold All 😨
(Was: #56)
0.3 -281,210 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
SLDE
SLIDE INS HLDGS...
Financial Services 0.00% 0.07%
Sold All 😨
(Was: #57)
0.3 -2,989,964 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ETOR
ETORO GROUP LTD
Financial Services 0.00% 0.05%
Sold All 😨
(Was: #58)
0.3 -842,502 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CIB
GRUPO CIBEST SA
Financial Services 0.00% 0.04%
Sold All 😨
(Was: #59)
0.3 -505,743 -100.0%
CLOSED
$— 2017 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
TTE
TOTALENERGIES S...
Energy 0.00% 0.02%
Sold All 😨
(Was: #60)
0.3 -260,611 -100.0%
CLOSED
$— 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
USB
US BANCORP DEL
Financial Services 0.00% 0.01%
Sold All 😨
(Was: #69)
0.3 -85,600 -100.0%
CLOSED
$— 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BAC
BANK AMERICA CO...
Financial Services 0.00% 0.00%
Sold All 😨
(Was: #73)
0.3 -42,818 -100.0%
CLOSED
$— 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GLD
SPDR GOLD TR
ETF 0.00% 0.00%
Sold All 😨
(Was: #78)
0.3 -1,908 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
HSBC
HSBC HLDGS PLC
Financial Services 0.00% 0.00%
Sold All 😨
(Was: #84)
0.3 -7,225 -100.0%
CLOSED
$— 2018 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
AAPL
APPLE INC
Technology 0.00% 0.00%
Sold All 😨
(Was: #92)
0.3 -906 -100.0%
CLOSED
$— 2022 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-25 of 102 holdings

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