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SUNB is 10.59% of Nicolai Tangen's portfolio as of 2026 Q2.

Holds 6,074,817 shares worth $454.46M.
Published · Based on SEC filings

Low impact
Outsized position
2026 Q2

Nicolai Tangen's AKO Capital holds 6.07M shares of Sunbelt Rentals Holdings, Inc (SUNB) worth about $454.5M as of June 30, 2026, according to the 13F-HR filed with the SEC on August 12, 2026. The position is 10.59% of the reported portfolio, the 2nd largest of 22 stock positions. Nicolai Tangen added 91% to the share count in 2026 Q2.

What did the 2026 Q2 filing report for SUNB?

As of June 30, 2026, from the 13F-HR filed August 12, 2026.

Value
Portfolio weight 10.59%
Shares 6.07M
Reported value $454.5M
Rank in portfolio 2nd of 22
Largest holding ALC at 15.19%
Top three holdings 33.65% of the book
Change this quarter +91% shares

How concentrated is Nicolai Tangen in SUNB?

SUNB at 10.59% is 2.3 times the average stock position in the Nicolai Tangen portfolio, which is 5%. The largest holding is ALC at 15.19%. The three largest stocks together are 33.65% of the reported book. A quarter earlier SUNB was 4.06% of the book.

Where does SUNB sit in the Nicolai Tangen portfolio?

SUNB ranks 2nd of 22 stock positions in the Nicolai Tangen portfolio at 10.59%, above the fund's average stock position of 5%. The SUNB addition was the largest of the quarter's 27 position changes by percent change to portfolio. Across the 2026 Q2 portfolio, Nicolai Tangen reported 22 stock positions, with none opened and 5 closed. The total portfolio value is about $4.3B, down 16% from the prior quarter.

Nicolai Tangen top holdings, 2026 Q2

How long has Nicolai Tangen held SUNB?

Nicolai Tangen first reported SUNB in the quarter ended March 31, 2026. Every reported trade is on the Nicolai Tangen SUNB trade history page.

Nicolai Tangen shares of SUNB by quarter

Did other funds buy or sell SUNB in 2026 Q2?

Among the other tracked funds that had filed for 2026 Q2 as of August 12, 2026, 8 hold SUNB. Of those, one opened it this quarter. The largest buyer of SUNB this quarter was Christopher Bloomstran. The largest sellers were Thomas Russo, Pat Dorsey and Andrew Brenton. Every tracked holder of SUNB is on the SUNB ownership page.

FAQ

What share of the Nicolai Tangen portfolio is SUNB?

SUNB is 10.59% of the Nicolai Tangen portfolio as of 2026 Q2, the 2nd largest of 22 stock positions.

What is the SUNB stake of Nicolai Tangen worth?

Nicolai Tangen holds 6.07M shares of SUNB, worth about $454.5M at June 30, 2026 prices, 10.59% of the reported portfolio.

What are the largest holdings of Nicolai Tangen?

The largest stock positions of Nicolai Tangen as of 2026 Q2 are ALC (15.19%), SUNB (10.59%) and V (7.87%), together 33.65% of the book.

Did Nicolai Tangen's AKO Capital change its SUNB position in 2026 Q2?

Nicolai Tangen added 91% to the share count in 2026 Q2.

Source: based on original SEC filings

Figures are from the fund's 13F, which lists long US-listed positions at quarter-end prices. Cash, short positions and most non-US holdings are not reported.
Stocks mentioned
Alan Irwin
Alan Irwin
Valuesider analyst