Focused Investors LLC — 13F Holdings & Portfolio
CIK 1426398 · latest 13F-HR filed 2026-07-28
Focused Investors LLC manages $2.96B in 13F-reported U.S. long-equity assets across 23 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are GS (8.33%), MS (7.79%), JNJ (7.27%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 2 new positions, exited 1, added to 5, and trimmed 13.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
SUITE 3320
LOS ANGELES, CA 90067
$2.96B
Long-equity book
23
Distinct positions
2026-06-30
Filed 2026-07-28
+2 / −1 / ↑5 / ↓13
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- UnitedHealth Group Inc.$51.8M +39.1%
- Centene Corporation$31.4M +77.7%
- Elevance Health, Inc.$29.3M +19.6%
- Morgan Stanley$28.6M +14.2%
- The Goldman Sachs Group, Inc.$17.4M +7.6%
Top Trims
- Northrop Grumman Corporation-$39.4M -32.5%
- PepsiCo, Inc.-$34.9M -20.9%
- FedEx Corporation-$33.9M -20.3%
- McDonald's Corporation-$27.2M -21.5%
- L3Harris Technologies, Inc.-$25.9M -23.9%
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | The Goldman Sachs Group, Inc. | GS | 38141G104 | $246.8M | 8.33% | 244,000 | SH |
| 2 | Morgan Stanley | MS | 617446448 | $230.8M | 7.79% | 1,104,050 | SH |
| 3 | Johnson & Johnson | JNJ | 478160104 | $215.3M | 7.27% | 847,800 | SH |
| 4 | UnitedHealth Group Inc. | UNH | 91324P102 | $184.3M | 6.22% | 443,500 | SH |
| 5 | Elevance Health, Inc. | ELV | 036752103 | $178.5M | 6.03% | 461,600 | SH |
| 6 | The Cigna Group | CI | 125523100 | $172.5M | 5.82% | 625,900 | SH |
| 7 | Microsoft Corp. | MSFT | 594918104 | $161.8M | 5.46% | 433,700 | SH |
| 8 | The Walt Disney Company | DIS | 254687106 | $160.2M | 5.41% | 1,664,650 | SH |
| 9 | American Express Co. | AXP | 025816109 | $154.1M | 5.20% | 455,650 | SH |
| 10 | FedEx Corporation | FDX | 31428X106 | $133.1M | 4.49% | 425,000 | SH |
| 11 | PepsiCo, Inc. | PEP | 713448108 | $131.7M | 4.45% | 972,650 | SH |
| 12 | The TJX Companies, Inc. | TJX | 872540109 | $125.0M | 4.22% | 825,300 | SH |
| 13 | McDonald's Corporation | MCD | 580135101 | $99.4M | 3.36% | 367,800 | SH |
| 14 | Global Payments Inc. | GPN | 37940X102 | $94.4M | 3.19% | 1,300,800 | SH |
| 15 | Lowe's Companies, Inc. | LOW | 548661107 | $86.2M | 2.91% | 390,950 | SH |
| 16 | L3Harris Technologies, Inc. | LHX | 502431109 | $82.6M | 2.79% | 284,150 | SH |
| 17 | Oracle Corporation | ORCL | 68389X105 | $81.7M | 2.76% | 557,750 | SH |
| 18 | Northrop Grumman Corporation | NOC | 666807102 | $81.6M | 2.76% | 160,300 | SH |
| 19 | Lockheed Martin Corp. | LMT | 539830109 | $75.3M | 2.54% | 147,900 | SH |
| 20 | Centene Corporation | CNC | 15135B101 | $71.7M | 2.42% | 1,117,750 | SH |
| 21 | Marsh & McLennan Companies, In | MRSH | 571748102 | $67.4M | 2.27% | 404,300 | SH |
| 22 | The Home Depot, Inc. | HD | 437076102 | $66.5M | 2.24% | 188,500 | SH |
| 23 | Accenture Plc Class A | ACN | G1151C101 | $61.3M | 2.07% | 492,400 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-07-28 | $2.96B | 23 | 0001426398-26-000007 |
| 2026-03-31 | 2026-04-16 | $3.08B | 22 | 0001426398-26-000005 |
| 2025-12-31 | 2026-01-27 | $3.14B | 22 | 0001426398-26-000003 |