London-based investment firm AKO Capital significantly increased its stake in Sunbelt Rentals Holdings (SUNB) during the second quarter of 2026. The firm boosted its holdings by over 90%, purchasing an additional 2.88 million shares to bring its total ownership to 6.07 million. Following the increase, the position accounts for 10.59% of AKO Capital's reported portfolio, making it one of the firm's top holdings.
This trade information was disclosed in a quarterly 13F filing with the SEC, which was made public on August 12, 2026. These filings are delayed, meaning the transactions occurred between April 1 and June 30, 2026. During that period, Sunbelt Rentals reported quarterly earnings per share that missed consensus estimates, which was followed by a modest decline in the stock price.