In a mandatory quarterly disclosure released August 12, London-based investment firm AKO Capital revealed it had reduced its position in Cisco Systems (CSCO) by 35.2%. This regulatory filing, which reflects trades made during the second quarter ending June 30, 2026, showed a reduction of 1.07 million shares, leaving the firm with a holding of 1.97 million shares.
The sale is noteworthy as it occurred during a period of strong performance for Cisco, which posted record Q2 revenue of $15.35 billion, beating analyst estimates. The tech company's results were bolstered by a powerful networking refresh cycle and $2.1 billion in AI infrastructure orders. Despite the significant share sale, Cisco's weight within AKO Capital's portfolio increased from 4.62% to 5.40%, suggesting a greater relative decrease in the value of its other holdings.