Gqg Partners

Rajiv Jain

Period

Q1 2026

Portfolio Date

Mar 31, 2026

Stocks Held

80

Market Value

$63.1B

Portfolio Analysis

AIPreview
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I. Institutional Overview

The investment landscape of the first quarter of 2026 has been marked by significant shifts in global capital flows, but perhaps no institutional move is as striking as the strategic realignment executed by Rajiv Jain and his team at GQG Partners. As of the portfolio snapshot on March 31, 2026, GQG Partners manages a substantial portfolio with a total...

Rajiv Jain, the driving force behind GQG Partners, has long been recognized for a "quality growth" philosophy that is pragmatic rather than dogmatic. Unlike many growth managers who remained wedded to the technology sector throughout the volatility of the mid-2020s, the current data suggests that GQG Partners has undergone a profound transformation. The...

The portfolio's expansion or contraction can be viewed through the lens of its total market value. At over $63 billion, the firm is operating at a scale where liquidity becomes a primary concern, yet the agility shown in the first quarter of 2026 is impressive. The institution has moved away from the "asset light" models of the previous decade, such as IT...

Based on the latest available 13F filing.

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Holdings Value Trend

Q2 2024

Q3 2024

Q4 2024

Q1 2025

Q2 2025

Q3 2025

Q4 2025

Q1 2026

Historical Positions

SymbolQ1 2026Q4 2025Q3 2025Q2 2025
PM13.1%14.6%13.7%13.4%
ENB6.5%6.3%6.5%4.9%
CB6.4%6.4%4.7%4.0%
PBR5.7%-4.1%3.9%
T3.7%3.5%4.6%4.7%
VZ3.6%-3.6%3.3%
CVX3.4%---
IBN3.2%3.7%3.5%3.7%
AEP3.1%3.2%3.3%3.0%
PGR2.9%3.9%3.5%3.2%

Post-Filing Contributors

Price change since reported price, ranked by portfolio contribution

PM+9.33%
CI+10.89%
BTI+4.99%
MO+8.21%
KO+8.52%

Post-Filing Detractors

Price change since reported price, ranked by portfolio contribution

T-20.66%
CVX-10.19%
PBR-12.10%
OXY-14.66%
VZ-6.49%

Sector Analysis

Energy27.0%
Others0.0%
Materials0.9%
Utilities11.8%
Financials21.9%
Healthcare6.0%
Technology0.1%
Industrials0.8%