Focused Investors LLC

hedge fundUpdated 44 days ago

Managed by Focused Investors Llc • Latest filing Q2 2026

Portfolio value

$3B

Q2 2026

Filings

14

Quarterly 13F history

Top-10 concentration

100.0%

Weight of largest holdings

Annualized return

0.6%

Implied from 13F holdings

Portfolio value history

13F-disclosed portfolio value over 14 quarters

Show data table

Period	Portfolio value
Q1 2023	$2.9B
Q2 2023	$3B
Q3 2023	$2.8B
Q4 2023	$3.1B
Q1 2024	$3.2B
Q2 2024	$3.1B
Q3 2024	$3.3B
Q4 2024	$3.2B
Q1 2025	$3.1B
Q2 2025	$3.1B
Q3 2025	$3.3B
Q4 2025	$3.1B
Q1 2026	$3.1B
Q2 2026	$3B

Top holdings

23 positions as of Q2 2026

#	Stock	Value	Shares	% Portfolio	Change
1	G GS-PD The Goldman Sachs Group, Inc.	$246.8M	244.0K	8.33%	Trimmed(-10.0%)
2	M MS-PP Morgan Stanley	$230.8M	1.10M	7.79%	Trimmed(-10.1%)
3	J JNJ Johnson & Johnson	$215.3M	847.8K	7.27%	Trimmed(-9.4%)
4	U UNH UnitedHealth Group Inc.	$184.3M	443.5K	6.22%	Trimmed(-9.4%)
5	E ELV Elevance Health, Inc.	$178.5M	461.6K	6.03%	Trimmed(-9.4%)
6	C CI The Cigna Group	$172.5M	625.9K	5.82%	Trimmed(-10.4%)
7	M MSFT Microsoft Corp.	$161.8M	433.7K	5.46%	Trimmed(-9.5%)
8	D DIS The Walt Disney Company	$160.2M	1.66M	5.41%	Trimmed(-9.6%)
9	A AXP American Express Co.	$154.1M	455.6K	5.20%	Trimmed(-9.3%)
10	F FDX FedEx Corporation	$133.1M	425.0K	4.49%	Trimmed(-9.4%)
11	P PEP PepsiCo, Inc.	$131.7M	972.6K	4.45%	Trimmed(-9.3%)
12	T TJX The TJX Companies, Inc.	$125M	825.3K	4.22%	Trimmed(-9.6%)
13	M MCD McDonald's Corporation	$99.4M	367.8K	3.36%	Trimmed(-9.7%)
14	G GPN Global Payments Inc.	$94.4M	1.30M	3.19%	Trimmed(-9.3%)
15	L LOW Lowe's Companies, Inc.	$86.2M	390.9K	2.91%	Trimmed(-10.0%)
16	L LHX L3Harris Technologies, Inc.	$82.6M	284.1K	2.79%	Trimmed(-9.6%)
17	O ORCL-PD Oracle Corporation	$81.7M	557.8K	2.76%	Trimmed(-9.6%)
18	N NOC Northrop Grumman Corporation	$81.6M	160.3K	2.76%	Trimmed(-9.6%)
19	L LMT Lockheed Martin Corp.	$75.3M	147.9K	2.54%	Trimmed(-9.3%)
20	C CNC Centene Corporation	$71.7M	1.12M	2.42%	Trimmed(-9.4%)

G

The Goldman Sachs Group, Inc.

-10.0%

Value

$246.8M

Shares

244.0K

% Port

8.33%

M

Morgan Stanley

-10.1%

Value

$230.8M

Shares

1.10M

% Port

7.79%

J

Johnson & Johnson

-9.4%

Value

$215.3M

Shares

847.8K

% Port

7.27%

U

UnitedHealth Group Inc.

-9.4%

Value

$184.3M

Shares

443.5K

% Port

6.22%

E

Elevance Health, Inc.

-9.4%

Value

$178.5M

Shares

461.6K

% Port

6.03%

C

6.CI

The Cigna Group

-10.4%

Value

$172.5M

Shares

625.9K

% Port

5.82%

M

Microsoft Corp.

-9.5%

Value

$161.8M

Shares

433.7K

% Port

5.46%

D

The Walt Disney Company

-9.6%

Value

$160.2M

Shares

1.66M

% Port

5.41%

A

American Express Co.

-9.3%

Value

$154.1M

Shares

455.6K

% Port

5.20%

F

10.FDX

FedEx Corporation

-9.4%

Value

$133.1M

Shares

425.0K

% Port

4.49%

P

11.PEP

PepsiCo, Inc.

-9.3%

Value

$131.7M

Shares

972.6K

% Port

4.45%

T

12.TJX

The TJX Companies, Inc.

-9.6%

Value

$125M

Shares

825.3K

% Port

4.22%

M

13.MCD

McDonald's Corporation

-9.7%

Value

$99.4M

Shares

367.8K

% Port

3.36%

G

14.GPN

Global Payments Inc.

-9.3%

Value

$94.4M

Shares

1.30M

% Port

3.19%

L

15.LOW

Lowe's Companies, Inc.

-10.0%

Value

$86.2M

Shares

390.9K

% Port

2.91%

L

16.LHX

L3Harris Technologies, Inc.

-9.6%

Value

$82.6M

Shares

284.1K

% Port

2.79%

O

Oracle Corporation

-9.6%

Value

$81.7M

Shares

557.8K

% Port

2.76%

N

18.NOC

Northrop Grumman Corporation

-9.6%

Value

$81.6M

Shares

160.3K

% Port

2.76%

L

19.LMT

Lockheed Martin Corp.

-9.3%

Value

$75.3M

Shares

147.9K

% Port

2.54%

C

20.CNC

Centene Corporation

-9.4%

Value

$71.7M

Shares

1.12M

% Port

2.42%

View full portfolio (23 holdings) →

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