Focused Investors LLC
Focused Investors LLC reported 23 US-listed holdings worth $2.96 billion in its 13F for the quarter ended 30 June 2026, filed 28 July 2026. Its largest: Goldman Sachs Group Inc. (8.3%), Morgan Stanley (7.8%) and Johnson & Johnson (7.3%). Against the quarter before, it opened 2 positions, added to 0, trimmed 21 and sold out of 1.
Reported holdings$2.96B-3.7% on Q1 2026
Positions23+1 on Q1 2026
The largest ten62.0%of its reported holdings
Latest 13FQ2 2026filed 28 July 2026
Trimmed
The 14 largest of its 23 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q1 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What it did on the quarter
Opened 2Trimmed 21Sold out 1
Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held
Opened 2
- Marsh & McLennan Companies, Inc. MRSH$67.4 million
- Accenture plc ACN$61.3 million
Trimmed 21
- Goldman Sachs Group Inc. GS-27,100 shares · -10%
- Morgan Stanley MS-124,300 shares · -10%
- Johnson & Johnson JNJ-88,100 shares · -9%
- Cigna Group CI-72,300 shares · -10%
- UnitedHealth Group Inc. UNH-46,200 shares · -9%
- Elevance Health, Inc. ELV-48,200 shares · -9%
- Walt Disney Co. DIS-177,500 shares · -10%
- Microsoft Corp. MSFT-45,700 shares · -10%
and 13 more in the table below
Sold out of 1
- RTX Corp. RTX$107.1 million last quarter
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| Goldman Sachs Group Inc. GS | 244,000 | $246.8 million | 8.33% | -27,100 |
| Morgan Stanley MS | 1,104,050 | $230.8 million | 7.79% | -124,300 |
| Johnson & Johnson JNJ | 847,800 | $215.3 million | 7.27% | -88,100 |
| UnitedHealth Group Inc. UNH | 443,500 | $184.3 million | 6.22% | -46,200 |
| Elevance Health, Inc. ELV | 461,600 | $178.5 million | 6.03% | -48,200 |
| Cigna Group CI | 625,900 | $172.5 million | 5.82% | -72,300 |
| Microsoft Corp. MSFT | 433,700 | $161.8 million | 5.46% | -45,700 |
| Walt Disney Co. DIS | 1,664,650 | $160.2 million | 5.41% | -177,500 |
| American Express Co. AXP | 455,650 | $154.1 million | 5.20% | -46,800 |
| FedEx Corp. FDX | 425,000 | $133.1 million | 4.49% | -43,900 |
| PepsiCo Inc. PEP | 972,650 | $131.7 million | 4.45% | -100,100 |
| TJX Companies Inc. TJX | 825,300 | $125.0 million | 4.22% | -87,800 |
| McDonald's Corp. MCD | 367,800 | $99.4 million | 3.36% | -39,500 |
| Global Payments Inc. GPN | 1,300,800 | $94.4 million | 3.19% | -134,100 |
| Lowe's Companies Inc. LOW | 390,950 | $86.2 million | 2.91% | -43,400 |
| L3Harris Technologies, Inc. LHX | 284,150 | $82.6 million | 2.79% | -30,100 |
| Oracle Corp. ORCL | 557,750 | $81.7 million | 2.76% | -59,400 |
| Northrop Grumman Corp. NOC | 160,300 | $81.6 million | 2.76% | -17,100 |
| Lockheed Martin Corp. LMT | 147,900 | $75.3 million | 2.54% | -15,100 |
| Centene Corp. CNC | 1,117,750 | $71.7 million | 2.42% | -115,400 |
| Marsh & McLennan Companies, Inc. MRSH | 404,300 | $67.4 million | 2.27% | new |
| Home Depot, Inc. HD | 188,500 | $66.5 million | 2.24% | -19,000 |
| Accenture plc ACN | 492,400 | $61.3 million | 2.07% | new |
Every US-listed position in the fund's 13F for the quarter ended 30 June 2026, by the value it reported.