# EDGAR Filing Document

**Accession Number:** 0001575677
**File Stem:** 0001575677-25-000010
**Filing Date:** 2025-8
**Character Count:** 15176
**Document Hash:** 6e0d3493c78f15c83c0c128d124fa47d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001575677-25-000010.hdr.sgml**: 20250807

**ACCESSION NUMBER**: 0001575677-25-000010

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250807

**DATE AS OF CHANGE**: 20250807

**EFFECTIVENESS DATE**: 20250807

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FLOSSBACH VON STORCH SE
- **CENTRAL INDEX KEY:** 0001575677

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** 2M
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16197
- **FILM NUMBER:** 251192282

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** OTTOPLATZ 1
- **CITY:** COLOGNE
- **PROVINCE COUNTRY:** 2M
- **ZIP:** 50679
- **BUSINESS PHONE:** 0049(0)22133880

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** OTTOPLATZ 1
- **CITY:** COLOGNE
- **PROVINCE COUNTRY:** 2M
- **ZIP:** 50679

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FLOSSBACH VON STORCH AG
- **DATE OF NAME CHANGE:** 20130430

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** FLOSSBACH VON STORCH SE<br>**Address:** OTTOPLATZ 1<br>COLOGNE, 2M 50679

**Form 13F File Number:** 028-16197

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Dr. Till Schmidt<br>**Title:** Managing Director<br>**Phone:** 00492213388320

**Signature, Place, and Date of Signing:**

Dr. Till Schmidt  Cologne, 2M  08-07-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 112

**Form 13F Information Table Value Total:** $24466965963

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M | COM | 88579Y101 |  | 120768947 | 793280 | SH |  | SOLE | NONE | 617150 | 0 | 176130 |
| ABBOTT LABORATORIES | COM | 002824100 |  | 873574549 | 6422870 | SH |  | SOLE | NONE | 5604202 | 0 | 818668 |
| ACCENTURE | COM | G1151C101 |  | 719966232 | 2408800 | SH |  | SOLE | NONE | 1955927 | 0 | 452873 |
| ADOBE | COM | 00724F101 |  | 19386170 | 50109 | SH |  | SOLE | NONE | 0 | 0 | 50109 |
| AIRBNB | COM | 009066101 |  | 1426758 | 10781 | SH |  | SOLE | NONE | 0 | 0 | 10781 |
| ALIBABA GROUP ADR | COM | 01609W102 |  | 20867440 | 184000 | SH |  | SOLE | NONE | 184000 | 0 | 0 |
| ALPHABET - CLASS A | COM | 02079K305 |  | 1174696541 | 6665699 | SH |  | SOLE | NONE | 5050392 | 0 | 1615307 |
| ALPHABET - CLASS C | COM | 02079K107 |  | 352829 | 1989 | SH |  | SOLE | NONE | 0 | 0 | 1989 |
| AMAZON.COM | COM | 023135106 |  | 1501356478 | 6843320 | SH |  | SOLE | NONE | 5458660 | 0 | 1384660 |
| AMERICAN EXPRESS | COM | 025816109 |  | 24722545 | 77505 | SH |  | SOLE | NONE | 4290 | 0 | 73215 |
| AMETEK | COM | 031100100 |  | 685055929 | 3785676 | SH |  | SOLE | NONE | 3048612 | 0 | 737064 |
| AMPHENOL | COM | 032095101 |  | 981415223 | 9938382 | SH |  | SOLE | NONE | 7862962 | 0 | 2075420 |
| ANALOG DEVICES | COM | 032654105 |  | 101430319 | 426142 | SH |  | SOLE | NONE | 26599 | 0 | 399543 |
| APPLE | COM | 037833100 |  | 631109075 | 3076030 | SH |  | SOLE | NONE | 2279441 | 0 | 796589 |
| APPLIED MATERIALS | COM | 038222105 |  | 450667080 | 2461720 | SH |  | SOLE | NONE | 1676842 | 0 | 784878 |
| AUTOMATIC DATA PROCESSING | COM | 053015103 |  | 13528583 | 43867 | SH |  | SOLE | NONE | 35113 | 0 | 8754 |
| BECTON DICKINSON | COM | 075887109 |  | 36383679 | 211226 | SH |  | SOLE | NONE | 119000 | 0 | 92226 |
| BERKSHIRE HATHAWAY A | COM | 084670108 |  | 2915200 | 4 | SH |  | SOLE | NONE | 0 | 0 | 4 |
| BERKSHIRE HATHAWAY B | COM | 084670702 |  | 1351111934 | 2781382 | SH |  | SOLE | NONE | 2169347 | 0 | 612035 |
| BIONTECH ADR | COM | 09075V102 |  | 450378534 | 4230098 | SH |  | SOLE | NONE | 4058695 | 0 | 171403 |
| BLACKROCK | COM | 09290D101 |  | 172842953 | 164730 | SH |  | SOLE | NONE | 27890 | 0 | 136840 |
| BLACKSTONE | COM | 09260D107 |  | 6731100 | 45000 | SH |  | SOLE | NONE | 0 | 0 | 45000 |
| BOOKING HOLDINGS | COM | 09857L108 |  | 92685732 | 16010 | SH |  | SOLE | NONE | 1298 | 0 | 14712 |
| BROADCOM | COM | 11135F101 |  | 70915649 | 257267 | SH |  | SOLE | NONE | 19313 | 0 | 237954 |
| CADENCE DESIGN SYSTEMS | COM | 127387108 |  | 307226 | 997 | SH |  | SOLE | NONE | 0 | 0 | 997 |
| CHARLES SCHWAB | COM | 808513105 |  | 965334802 | 10580171 | SH |  | SOLE | NONE | 9360525 | 0 | 1219646 |
| CHURCH  DWIGHT | COM | 171340102 |  | 14283195 | 148613 | SH |  | SOLE | NONE | 115945 | 0 | 32668 |
| COCA-COLA | COM | 191216100 |  | 61058736 | 863021 | SH |  | SOLE | NONE | 297186 | 0 | 565835 |
| COLGATE-PALMOLIVE | COM | 194162103 |  | 28717855 | 315928 | SH |  | SOLE | NONE | 230000 | 0 | 85928 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 8701729 | 96966 | SH |  | SOLE | NONE | 0 | 0 | 96966 |
| COPART | COM | 217204106 |  | 55700437 | 1135122 | SH |  | SOLE | NONE | 700405 | 0 | 434717 |
| COSTAR GROUP | COM | 22160N109 |  | 201000 | 2500 | SH |  | SOLE | NONE | 0 | 0 | 2500 |
| COUPANG | COM | 22266T109 |  | 5692400 | 190000 | SH |  | SOLE | NONE | 190000 | 0 | 0 |
| DANAHER | COM | 235851102 |  | 835300853 | 4228515 | SH |  | SOLE | NONE | 3221479 | 0 | 1007036 |
| DOLLAR GENERAL | COM | 256677105 |  | 112250588 | 981383 | SH |  | SOLE | NONE | 745115 | 0 | 236268 |
| ESTEE LAUDER | COM | 518439104 |  | 4798470 | 59387 | SH |  | SOLE | NONE | 0 | 0 | 59387 |
| EXXON MOBIL | COM | 30231G102 |  | 36186735 | 335684 | SH |  | SOLE | NONE | 0 | 0 | 335684 |
| FASTENAL | COM | 311900104 |  | 8464512 | 201536 | SH |  | SOLE | NONE | 39351 | 0 | 162185 |
| FEMSA ADR | COM | 344419106 |  | 2059600 | 20000 | SH |  | SOLE | NONE | 20000 | 0 | 0 |
| FERRARI | COM | N3167Y103 |  | 29526006 | 60201 | SH |  | SOLE | NONE | 4764 | 0 | 55437 |
| FORTIVE | COM | 34959J108 |  | 627824996 | 12043449 | SH |  | SOLE | NONE | 10094538 | 0 | 1948911 |
| GLOBANT | COM | L44385109 |  | 1725960 | 19000 | SH |  | SOLE | NONE | 19000 | 0 | 0 |
| GRACO | COM | 384109104 |  | 286920577 | 3337450 | SH |  | SOLE | NONE | 3330000 | 0 | 7450 |
| HDFC BANK ADR | COM | 40415F101 |  | 74803469 | 975655 | SH |  | SOLE | NONE | 806000 | 0 | 169655 |
| HOME DEPOT | COM | 437076102 |  | 16912003 | 46127 | SH |  | SOLE | NONE | 27500 | 0 | 18627 |
| ICICI BANK ADR | COM | 45104G104 |  | 5382400 | 160000 | SH |  | SOLE | NONE | 160000 | 0 | 0 |
| IDEX | COM | 45167R104 |  | 112503851 | 640792 | SH |  | SOLE | NONE | 387847 | 0 | 252945 |
| IDEXX LABORATORIES | COM | 45168D104 |  | 129324983 | 241125 | SH |  | SOLE | NONE | 130095 | 0 | 111030 |
| ILLINOIS TOOL WORKS | COM | 452308109 |  | 65964075 | 266791 | SH |  | SOLE | NONE | 134400 | 0 | 132391 |
| INTERCONTINENTAL EXCHANGE | COM | 45866F104 |  | 837224064 | 4563275 | SH |  | SOLE | NONE | 3981852 | 0 | 581423 |
| INTUIT | COM | 461202103 |  | 12068067 | 15322 | SH |  | SOLE | NONE | 0 | 0 | 15322 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 968892792 | 6342997 | SH |  | SOLE | NONE | 5120553 | 0 | 1222444 |
| KASPI.KZ | COM | 48581R205 |  | 1825135 | 21500 | SH |  | SOLE | NONE | 21500 | 0 | 0 |
| LINDE | COM | G54950103 |  | 171724103 | 366009 | SH |  | SOLE | NONE | 304680 | 0 | 61329 |
| LULULEMON ATHLETICA | COM | 550021109 |  | 389682755 | 1640217 | SH |  | SOLE | NONE | 1601000 | 0 | 39217 |
| MAKEMYTRIP | COM | V5633W109 |  | 1862380 | 19000 | SH |  | SOLE | NONE | 19000 | 0 | 0 |
| MARKETAXESS | COM | 57060D108 |  | 5136820 | 23000 | SH |  | SOLE | NONE | 0 | 0 | 23000 |
| MASTERCARD | COM | 57636Q104 |  | 341774156 | 608204 | SH |  | SOLE | NONE | 379168 | 0 | 229036 |
| MCDONALDS | COM | 580135101 |  | 93030726 | 318413 | SH |  | SOLE | NONE | 149613 | 0 | 168800 |
| MEDTRONIC | COM | G5960L103 |  | 116903861 | 1341102 | SH |  | SOLE | NONE | 171550 | 0 | 1169552 |
| MERCADOLIBRE | COM | 58733R102 |  | 26841980 | 10270 | SH |  | SOLE | NONE | 6787 | 0 | 3483 |
| META PLATFORMS | COM | 30303M102 |  | 409941829 | 555409 | SH |  | SOLE | NONE | 203797 | 0 | 351612 |
| META PLATFORMS PUT | COM | 30303M952 |  | 3321405 | 45 | SH | Put | SOLE | NONE | 0 | 0 | 0 |
| MICROSOFT | COM | 594918104 |  | 1700346344 | 3418400 | SH |  | SOLE | NONE | 2456418 | 0 | 961982 |
| MONDELEZ INTERNATIONAL | COM | 609207105 |  | 2162801 | 32070 | SH |  | SOLE | NONE | 0 | 0 | 32070 |
| MOODY'S | COM | 615369105 |  | 93014348 | 185439 | SH |  | SOLE | NONE | 102399 | 0 | 83040 |
| MSCI | COM | 55354G100 |  | 120729561 | 209331 | SH |  | SOLE | NONE | 87266 | 0 | 122065 |
| NASDAQ | COM | 631103108 |  | 104888766 | 1172990 | SH |  | SOLE | NONE | 199600 | 0 | 973390 |
| NETEASE ADR | COM | 64110W102 |  | 2355150 | 17500 | SH |  | SOLE | NONE | 17500 | 0 | 0 |
| NETFLIX | COM | 64110L106 |  | 73624028 | 54979 | SH |  | SOLE | NONE | 5208 | 0 | 49771 |
| NIKE | COM | 654106103 |  | 800293306 | 11265390 | SH |  | SOLE | NONE | 9496970 | 0 | 1768420 |
| NU HOLDINGS | COM | G6683N103 |  | 10976000 | 800000 | SH |  | SOLE | NONE | 800000 | 0 | 0 |
| NVIDIA | COM | 67066G104 |  | 54037636 | 342032 | SH |  | SOLE | NONE | 25787 | 0 | 316245 |
| O'REILLY AUTOMOTIVE | COM | 67103H107 |  | 6084226 | 67505 | SH |  | SOLE | NONE | 13620 | 0 | 53885 |
| OLD DOMINION FREIGHT LINE | COM | 679580100 |  | 17307347 | 106638 | SH |  | SOLE | NONE | 23123 | 0 | 83515 |
| PAYPAL | COM | 70450Y103 |  | 25407630 | 341868 | SH |  | SOLE | NONE | 0 | 0 | 341868 |
| PEPSICO | COM | 713448108 |  | 876411407 | 6637469 | SH |  | SOLE | NONE | 5856400 | 0 | 781069 |
| PROCTER  GAMBLE | COM | 742718109 |  | 498982911 | 3131954 | SH |  | SOLE | NONE | 2259914 | 0 | 872040 |
| RALLIANT | COM | 750940108 |  | 198076946 | 4084903 | SH |  | SOLE | NONE | 3439846 | 0 | 645057 |
| ROPER TECHNOLOGIES | COM | 776696106 |  | 220544974 | 389078 | SH |  | SOLE | NONE | 298580 | 0 | 90498 |
| ROSS STORES | COM | 778296103 |  | 13793312 | 108115 | SH |  | SOLE | NONE | 4730 | 0 | 103385 |
| S GLOBAL | COM | 78409V104 |  | 379896099 | 720469 | SH |  | SOLE | NONE | 525450 | 0 | 195019 |
| SALESFORCE | COM | 79466L302 |  | 229339925 | 841028 | SH |  | SOLE | NONE | 325283 | 0 | 515745 |
| SCHLUMBERGER | COM | 806857108 |  | 2021172 | 59798 | SH |  | SOLE | NONE | 0 | 0 | 59798 |
| SHERWIN-WILLIAMS | COM | 824348106 |  | 305027290 | 888360 | SH |  | SOLE | NONE | 641643 | 0 | 246717 |
| SMURFIT WESTROCK | COM | G8267P108 |  | 9813698 | 227435 | SH |  | SOLE | NONE | 0 | 0 | 227435 |
| SPOTIFY TECHNOLOGY | COM | L8681T102 |  | 3939524 | 5134 | SH |  | SOLE | NONE | 1620 | 0 | 3514 |
| STARBUCKS | COM | 855244109 |  | 24773178 | 270361 | SH |  | SOLE | NONE | 85000 | 0 | 185361 |
| STRYKER | COM | 863667101 |  | 108157329 | 273380 | SH |  | SOLE | NONE | 130418 | 0 | 142962 |
| TAIWAN SEMICONDUCTOR ADR | COM | 874039100 |  | 71660757 | 316397 | SH |  | SOLE | NONE | 223764 | 0 | 92633 |
| THERMO FISHER SCIENTIFIC | COM | 883556102 |  | 1105697935 | 2727021 | SH |  | SOLE | NONE | 2358988 | 0 | 368033 |
| TJX COMPANIES | COM | 872540109 |  | 16243257 | 131535 | SH |  | SOLE | NONE | 5139 | 0 | 126396 |
| TRIP.COM GROUP ADR | COM | 89677Q107 |  | 2345600 | 40000 | SH |  | SOLE | NONE | 40000 | 0 | 0 |
| UBER TECHNOLOGIES | COM | 90353T100 |  | 70349693 | 754016 | SH |  | SOLE | NONE | 60178 | 0 | 693838 |
| UNION PACIFIC | COM | 907818108 |  | 22995346 | 99945 | SH |  | SOLE | NONE | 0 | 0 | 99945 |
| VERISK ANALYTICS | COM | 92345Y106 |  | 38904481 | 124894 | SH |  | SOLE | NONE | 8675 | 0 | 116219 |
| VERIZON COMMUNICATIONS | COM | 92343V104 |  | 15411865 | 356179 | SH |  | SOLE | NONE | 0 | 0 | 356179 |
| VISA - CLASS A | COM | 92826C839 |  | 763723202 | 2151030 | SH |  | SOLE | NONE | 1893732 | 0 | 257298 |
| WALMART | COM | 931142103 |  | 40101729 | 410122 | SH |  | SOLE | NONE | 23537 | 0 | 386585 |
| WALT DISNEY | COM | 254687106 |  | 44265866 | 356954 | SH |  | SOLE | NONE | 8190 | 0 | 348764 |
| YUM CHINA HOLDINGS | COM | 98850P109 |  | 3688575 | 82500 | SH |  | SOLE | NONE | 82500 | 0 | 0 |
| 0000 FIVERR INTERNATIONAL 01.11.2025 | NOTE | 33835LAA3 |  | 2694093 | 2750000 | PRN |  | SOLE | NONE | 0 | 0 | 0 |
| 0000 SNAP 01.05.2027 | NOTE | 83304AAF3 |  | 1720792 | 1900000 | PRN |  | SOLE | NONE | 0 | 0 | 0 |
| 0000 UBER TECHNOLOGIES 15.12.2025 | NOTE | 90353TAJ9 |  | 599410 | 500000 | PRN |  | SOLE | NONE | 0 | 0 | 0 |
| 0125 SNAP 01.03.2028 | NOTE | 83304AAH9 |  | 867697 | 1000000 | PRN |  | SOLE | NONE | 0 | 0 | 0 |
| 0250 ETSY 15.06.2028 | NOTE | 29786AAN6 |  | 1888922 | 2200000 | PRN |  | SOLE | NONE | 0 | 0 | 0 |
| 0250 HALOZYME THERAPEUTICS 01.03.2027 | NOTE | 40637HAD1 |  | 1495025 | 1500000 | PRN |  | SOLE | NONE | 0 | 0 | 0 |
| 0375 AKAMAI TECHNOLOGIES 01.09.2027 | NOTE | 00971TAL5 |  | 876186 | 900000 | PRN |  | SOLE | NONE | 0 | 0 | 0 |
| 0875 UBER TECHNOLOGIES 01.12.2028 | NOTE | 90353TAM2 |  | 714385 | 500000 | PRN |  | SOLE | NONE | 0 | 0 | 0 |
| 1000 HALOZYME THERAPEUTICS 15.08.2028 | NOTE | 40637HAF6 |  | 458395 | 400000 | PRN |  | SOLE | NONE | 0 | 0 | 0 |
| 1125 AKAMAI TECHNOLOGIES 15.02.2029 | NOTE | 00971TAN1 |  | 2574963 | 2700000 | PRN |  | SOLE | NONE | 0 | 0 | 0 |
| 2000 JAZZ INVESTMENTS 15.06.2026 | NOTE | 472145AF8 |  | 1216871 | 1200000 | PRN |  | SOLE | NONE | 0 | 0 | 0 |

---