Capital Research Global Investors2026-Q1
Capital Research Global Investors' 2026-Q1 13F reveals a strategic pivot into tech infrastructure, led by a new $4.96B CSCO position and a +$6.02B increase in AVGO, funded by trimming RTX and exiting COF. The fund's turnover ratio reached 0.321 as it shifted a 459-stock portfolio heavily toward the Information Technology sector.
| Ticker | Action | Value ($) | % of Portfolio |
|---|---|---|---|
| CSCO | New Buy | $4.96B | 0.77% |
| CIEN | New Buy | $1.07B | 0.17% |
| COF | Sold Out | $1.43B | 0.26% |
| LVS | Sold Out | $1.06B | 0.20% |
The two new buys point to a renewed focus on networking infrastructure, while the exits free up capital from financials and gaming.
| Ticker | Action | Value Change | Weight Change (pts) |
|---|---|---|---|
| AVGO | Add | +$6.02B | +0.05pts |
| META | Add | +$5.88B | +0.56pts |
| PM | Add | +$4.45B | +0.43pts |
| LLY | Add | -$3.75B | -1.36pts |
| LIN | Add | +$3.64B | +0.43pts |
| CNQ | Add | +$3.06B | +0.33pts |
| AMZN | Add | +$3.88B | -0.01pts |
| GOOG | Add | +$2.74B | +0.16pts |
| NFLX | Add | +$2.57B | +0.28pts |
| CARR | Add | +$2.60B | +0.29pts |
| RTX | Trim | -$3.87B | -1.01pts |
| EXE | Trim | -$1.60B | -0.31pts |
| AIG | Trim | -$1.69B | -0.32pts |
| PYPL | Trim | -$1.58B | -0.29pts |
The largest active trades were overwhelmingly on the buy side. META and PM saw the biggest weight increases, while LLY saw a negative value delta despite an add transaction, reflecting a steep stock price decline during the quarter.
| Metric | This Quarter | Prior Quarter |
|---|---|---|
| Total Holdings | 459 | -- |
| Turnover Ratio | 0.321 | -- |
| Concentration (HHI) | 0.018 | -- |
| Momentum Tilt | 0.334 pts | -- |
| Top Sector (Information Technology) | 29.12% | -- |
| Top Sector (Health Care) | 12.35% | -- |
| Top Sector (Consumer Discretionary) | 11.66% | -- |
| Top Sector (Industrials) | 11.06% | -- |
| Top Sector (Financials) | 9.42% | -- |
Prior quarter portfolio-level metrics are not available in this filing. IT accounted for nearly a third of the total fund, reflecting the period's active rotation.
Capital Research Global Investors rotated aggressively in Q1, pouring capital into AVGO, META, and a new CSCO stake while substantially reducing RTX and exiting COF. The Information Technology sector weight reached 29.12%, reflecting this strategic tilt. The low HHI of 0.018 and 459 holdings confirm the fund remains broadly diversified despite the large individual trade sizes.