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← Winton Group Ltd, its record

Winton Group Ltd and Invesco Ltd: where the books meet

At Q2 2026, at least 16% of the two 13F books was the same, across 146 stocks both listed, against 32% at Q2 2014. Overlap is the smaller of each shared stock’s two weights, added up: the part of one book that could be swapped for the other’s without a trade.

Overlap by quarter
0%16%32%Q2 2014: 32%, 268 in bothQ3 2014: 32%, 272 in bothQ4 2014: 30%, 267 in bothQ1 2015: 31%, 259 in both15Q2 2015: 30%, 227 in bothQ3 2015: 30%, 238 in bothQ4 2015: 28%, 204 in bothQ1 2016: 27%, 186 in both16Q2 2016: 26%, 189 in bothQ3 2016: 28%, 224 in bothQ4 2016: 28%, 239 in bothQ1 2017: 29%, 222 in both17Q2 2017: 28%, 272 in bothQ3 2017: 30%, 274 in bothQ4 2017: 27%, 264 in bothQ1 2018: 23%, 186 in both18Q2 2018: 24%, 211 in bothQ3 2018: 22%, 217 in bothQ4 2018: 23%, 219 in bothQ1 2019: 23%, 214 in both19Q2 2019: 23%, 205 in bothQ3 2019: 25%, 216 in bothQ4 2019: 19%, 175 in bothQ1 2020: 19%, 172 in both20Q2 2020: 17%, 162 in bothQ3 2020: 15%, 147 in bothQ4 2020: 13%, 130 in bothQ1 2021: 14%, 142 in both21Q2 2021: 15%, 139 in bothQ3 2021: 17%, 151 in bothQ4 2021: 20%, 186 in bothQ1 2022: 21%, 193 in both22Q2 2022: 23%, 200 in bothQ3 2022: 23%, 211 in bothQ4 2022: 22%, 195 in bothQ1 2023: 24%, 206 in both23Q2 2023: 21%, 144 in bothQ3 2023: 18%, 134 in bothQ4 2023: 12%, 122 in bothQ1 2024: 17%, 154 in both24Q2 2024: 15%, 137 in bothQ3 2024: 14%, 130 in bothQ4 2024: 15%, 136 in bothQ1 2025: 18%, 163 in both25Q2 2025: 22%, 187 in bothQ3 2025: 21%, 164 in bothQ4 2025: 18%, 159 in bothQ1 2026: 18%, 163 in both26Q2 2026: 16%, 146 in both
  • Q2 2014: 32%, 268 in both
  • Q3 2014: 32%, 272 in both
  • Q4 2014: 30%, 267 in both
  • Q1 2015: 31%, 259 in both
  • Q2 2015: 30%, 227 in both
  • Q3 2015: 30%, 238 in both
  • Q4 2015: 28%, 204 in both
  • Q1 2016: 27%, 186 in both
  • Q2 2016: 26%, 189 in both
  • Q3 2016: 28%, 224 in both
  • Q4 2016: 28%, 239 in both
  • Q1 2017: 29%, 222 in both
  • Q2 2017: 28%, 272 in both
  • Q3 2017: 30%, 274 in both
  • Q4 2017: 27%, 264 in both
  • Q1 2018: 23%, 186 in both
  • Q2 2018: 24%, 211 in both
  • Q3 2018: 22%, 217 in both
  • Q4 2018: 23%, 219 in both
  • Q1 2019: 23%, 214 in both
  • Q2 2019: 23%, 205 in both
  • Q3 2019: 25%, 216 in both
  • Q4 2019: 19%, 175 in both
  • Q1 2020: 19%, 172 in both
  • Q2 2020: 17%, 162 in both
  • Q3 2020: 15%, 147 in both
  • Q4 2020: 13%, 130 in both
  • Q1 2021: 14%, 142 in both
  • Q2 2021: 15%, 139 in both
  • Q3 2021: 17%, 151 in both
  • Q4 2021: 20%, 186 in both
  • Q1 2022: 21%, 193 in both
  • Q2 2022: 23%, 200 in both
  • Q3 2022: 23%, 211 in both
  • Q4 2022: 22%, 195 in both
  • Q1 2023: 24%, 206 in both
  • Q2 2023: 21%, 144 in both
  • Q3 2023: 18%, 134 in both
  • Q4 2023: 12%, 122 in both
  • Q1 2024: 17%, 154 in both
  • Q2 2024: 15%, 137 in both
  • Q3 2024: 14%, 130 in both
  • Q4 2024: 15%, 136 in both
  • Q1 2025: 18%, 163 in both
  • Q2 2025: 22%, 187 in both
  • Q3 2025: 21%, 164 in both
  • Q4 2025: 18%, 159 in both
  • Q1 2026: 18%, 163 in both
  • Q2 2026: 16%, 146 in both

Only quarters both managers filed. Where either filing has more positions than are read each quarter, a stock both hold below that range is not counted, so the figure is a floor.

What the overlap is made of, Q2 2026

Stocks both listed, by the smaller of the two weights. A weight is the stock’s share of that manager’s reported book, which says how large the position is, not how strongly it is held.

StockWinton Group LtdInvesco Ltd
Kla-tencor Corp(KLAC)1.3%Added1.1%Added
Nvidia Corp(NVDA)0.5%Trimmed5.2%Added
Amazon Com Inc(AMZN)0.5%Added2.7%Added
Crowdstrike HLDGS Inc(CRWD)0.9%New0.5%Added
Western Digital Corp(WDC)0.5%Added0.7%Added
Broadcom Inc(AVGO)0.5%Added2.1%Trimmed
Alphabet Inc(GOOGL)0.5%Added2.6%Added
Facebook Inc(META)0.5%Added1.7%Added
SanDisk Corp(SNDK)0.5%Added1.0%Added
Wal-mart Stores Inc(WMT)0.4%New1.3%Added
Booking HLDGS Inc(BKNG)0.7%Added0.4%Added
Shopify Inc(SHOP)0.3%Trimmed0.3%Added
Tesla Inc(TSLA)0.3%Added1.8%Added
Visa Inc(V)0.5%Added0.3%Added
Seagate Technology Hldngs PL(STX)0.3%Added0.6%Added
Ge Vernova Inc(GEV)0.5%Trimmed0.2%Added
Automatic Data Processing In(ADP)0.5%Added0.2%Added
Coherent Corp(COHR)0.4%Added0.2%Added
Wells Fargo & Co New(WFC)0.5%New0.2%Added
CSX Corp(CSX)0.9%Added0.2%Trimmed

and 126 smaller ones

Moved different ways in Q2 2026

Stocks one manager started or added to while the other trimmed or sold out, between the same two quarter ends. A 13F shows the quarter ends, never when in between anything was bought or sold, or why.

  • Nvidia Corp(NVDA)Winton Group Ltd trimmed; Invesco Ltd added
  • Micron Technology Inc(MU)Winton Group Ltd trimmed; Invesco Ltd added
  • Microsoft Corp(MSFT)Winton Group Ltd trimmed; Invesco Ltd added
  • Broadcom Inc(AVGO)Winton Group Ltd added; Invesco Ltd trimmed
  • Palo Alto Networks Inc(PANW)Winton Group Ltd trimmed; Invesco Ltd added
  • Palantir Technologies Inc(PLTR)Winton Group Ltd sold out; Invesco Ltd added
  • Qualcomm Inc(QCOM)Winton Group Ltd trimmed; Invesco Ltd added
  • T Mobile US Inc(TMUS)Winton Group Ltd trimmed; Invesco Ltd added
  • Shopify Inc(SHOP)Winton Group Ltd trimmed; Invesco Ltd added
  • Bank of America Corporation(BAC)Winton Group Ltd started; Invesco Ltd trimmed
  • Ge Vernova Inc(GEV)Winton Group Ltd trimmed; Invesco Ltd added
  • Mastercard Inc(MA)Winton Group Ltd sold out; Invesco Ltd added
Winton Group Ltd: the recordInvesco Ltd: the record

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