Quarterly 13F snapshot: US-listed longs only, no performance figures — 13F data cannot support them.
Reported portfolio value by quarter (53 quarters reported)
$4.19B in Q2 2013 → $5.56B now. Hover for any quarter.
As reported for the quarter ended June 30, 2026. Activity is the change in share count since the prior quarter's filing.
| Holding | % of portfolio | Activity | Shares | Value |
|---|---|---|---|---|
| Amazon Com Inc | 9.8% | Trimmed 13% | 2,280,144 | $543M |
| Mastercard Incorporated | 9.2% | Trimmed 6.4% | 995,345 | $511M |
| Canadian Pacific Kansas City | 8.9% | Trimmed 16% | 5,727,867 | $496M |
| Aon PLC | 8.4% | Trimmed 7.4% | 1,408,111 | $467M |
| Unitedhealth Group Inc | 8.1% | Trimmed 43% | 1,078,201 | $448M |
| Thermo Fisher Scientific Inc | 8.0% | Added 4.4% | 882,873 | $443M |
| Microsoft Corp | 7.6% | Trimmed 13% | 1,131,674 | $422M |
| S&P Global Inc | 6.1% | New | 830,609 | $338M |
| Waters Corp | 5.7% | Trimmed 29% | 851,624 | $319M |
| VM Vulcan Matls Co | 5.5% | New | 1,039,426 | $307M |
| Hyatt Hotels Corp | 4.6% | Trimmed 0.7% | 1,326,362 | $257M |
| IE Intercontinental Exchange In | 4.4% | Trimmed 7.6% | 1,983,591 | $244M |
| BD Becton Dickinson & Co | 3.8% | Trimmed 31% | 1,393,329 | $211M |
| Transdigm Group Inc | 3.3% | Added 3.0% | 137,969 | $184M |
| Stryker Corporation | 3.0% | New | 533,784 | $168M |
| EH Elevance Health Inc Formerly | 3.0% | Trimmed 33% | 428,672 | $166M |
| PM Philip Morris Intl Inc | 0.2% | Trimmed 23% | 51,387 | $9.3M |
| Salesforce Inc | 0.1% | Trimmed 98% | 51,741 | $8.11M |
| Otis Worldwide Corp | 0.1% | New | 105,652 | $7.56M |
| Medtronic PLC | 0.1% | Trimmed 41% | 96,690 | $7.56M |
| TS Taiwan Semiconductor Manufac | 0.0% | Trimmed 12% | 3,823 | $1.83M |
What changed each quarter, from the filings' own share counts. Largest moves first; most recent 8 quarters.
quarter ended June 30, 2026 · filed August 04, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Salesforce Inc | Trimmed | −2,202,145 | −$345M | 0.1% |
| S&P Global Inc | New | +830,609 | +$338M | 6.1% |
| Unitedhealth Group Inc | Trimmed | −803,870 | −$334M | 8.1% |
| VM Vulcan Matls Co | New | +1,039,426 | +$307M | 5.5% |
| Charter Communications Inc | Exited | −1,113,053 | −$240M | — |
| Stryker Corporation | New | +533,784 | +$168M | 3.0% |
| Zoetis Inc | Exited | −1,252,898 | −$148M | — |
| Waters Corp | Trimmed | −349,189 | −$131M | 5.7% |
| Canadian Pacific Kansas City | Trimmed | −1,126,494 | −$97.6M | 8.9% |
| BD Becton Dickinson & Co | Trimmed | −629,501 | −$95.3M | 3.8% |
Showing the 10 largest of 25 changes.
quarter ended March 31, 2026 · filed May 14, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Alphabet Inc | Exited | −1,836,779 | −$575M | — |
| Amazon Com Inc | Trimmed | −1,756,521 | −$366M | 9.2% |
| Microsoft Corp | Trimmed | −787,359 | −$291M | 8.1% |
| Canadian Pacific Kansas City | Trimmed | −2,490,088 | −$196M | 9.1% |
| Unitedhealth Group Inc | Trimmed | −650,560 | −$176M | 8.6% |
| BR Bio Rad Labs Inc | Exited | −543,335 | −$165M | — |
| Aon PLC | Trimmed | −472,176 | −$152M | 8.3% |
| Thermo Fisher Scientific Inc | Trimmed | −287,874 | −$141M | 7.0% |
| Mastercard Incorporated | Added | +275,464 | +$138M | 9.0% |
| BD Becton Dickinson & Co | Trimmed | −851,749 | −$134M | 5.4% |
Showing the 10 largest of 26 changes.
quarter ended December 31, 2025 · filed February 17, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Hyatt Hotels Corp | Added | +1,695,616 | +$272M | 3.1% |
| Waters Corp | Added | +656,436 | +$249M | 4.8% |
| Transdigm Group Inc | New | +141,842 | +$189M | 1.9% |
| SC Schwab Charles Corp | Exited | −1,488,189 | −$142M | — |
| Alphabet Inc | Trimmed | −447,413 | −$140M | 5.9% |
| IE Intercontinental Exchange In | Added | +813,223 | +$132M | 4.8% |
| BR Bio Rad Labs Inc | Trimmed | −300,704 | −$91.1M | 1.7% |
| FH Futu Hldgs Ltd | Exited | −420,857 | −$73.2M | — |
| Mastercard Incorporated | Added | +123,602 | +$70.6M | 4.6% |
| Amazon Com Inc | Trimmed | −211,919 | −$48.9M | 10.3% |
Showing the 10 largest of 26 changes.
quarter ended September 30, 2025 · filed November 04, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Alphabet Inc | Trimmed | −2,463,351 | −$599M | 5.9% |
| Microsoft Corp | Trimmed | −827,769 | −$429M | 12.1% |
| Salesforce Inc | Added | +975,724 | +$231M | 7.7% |
| Waters Corp | New | +584,770 | +$175M | 1.9% |
| BD Becton Dickinson & Co | Added | +852,854 | +$160M | 5.9% |
| HW Hilton Worldwide Hldgs Inc | Trimmed | −614,032 | −$159M | 0.1% |
| Unitedhealth Group Inc | Trimmed | −454,996 | −$157M | 9.8% |
| Aon PLC | Added | +332,685 | +$119M | 7.8% |
| SC Schwab Charles Corp | Trimmed | −734,822 | −$70.2M | 1.5% |
| Amazon Com Inc | Trimmed | −202,373 | −$44.4M | 10.8% |
Showing the 10 largest of 30 changes.
quarter ended June 30, 2025 · filed August 07, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Unitedhealth Group Inc | Added | +1,528,984 | +$477M | 9.7% |
| CC Cooper Cos Inc | Exited | −3,847,698 | −$325M | — |
| HW Hilton Worldwide Hldgs Inc | New | +648,191 | +$173M | 1.7% |
| IE Intercontinental Exchange In | Trimmed | −737,911 | −$135M | 4.0% |
| Microsoft Corp | Added | +106,777 | +$53.1M | 15.0% |
| Canadian Pacific Kansas City | Trimmed | −627,916 | −$49.8M | 7.9% |
| Amazon Com Inc | Trimmed | −212,782 | −$46.7M | 10.5% |
| Aon PLC | Trimmed | −118,709 | −$42.4M | 6.1% |
| CC Charter Communications Inc N | Trimmed | −84,833 | −$34.7M | 6.5% |
| Alphabet Inc | Trimmed | −195,434 | −$34.4M | 8.4% |
Showing the 10 largest of 28 changes.
quarter ended March 31, 2025 · filed May 15, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Microsoft Corp | Added | +891,839 | +$335M | 11.0% |
| Alphabet Inc | Trimmed | −1,217,328 | −$188M | 7.7% |
| Thermo Fisher Scientific Inc | Added | +305,893 | +$152M | 6.7% |
| Aon PLC | Trimmed | −380,951 | −$152M | 7.4% |
| IE Intercontinental Exchange In | Trimmed | −852,643 | −$147M | 5.0% |
| Salesforce Inc | Trimmed | −292,074 | −$78.4M | 5.8% |
| Mastercard Incorporated | Trimmed | −131,016 | −$71.8M | 4.1% |
| Amazon Com Inc | Trimmed | −254,642 | −$48.4M | 9.6% |
| CC Charter Communications Inc N | Trimmed | −125,123 | −$46.1M | 6.2% |
| Canadian Pacific Kansas City | Trimmed | −551,271 | −$38.7M | 7.5% |
Showing the 10 largest of 31 changes.
quarter ended December 31, 2024 · filed February 04, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Alphabet Inc | Trimmed | −3,140,645 | −$595M | 10.9% |
| Amazon Com Inc | Trimmed | −2,485,262 | −$545M | 10.8% |
| AD Automatic Data Processing In | Trimmed | −1,320,267 | −$386M | 0.1% |
| Mastercard Incorporated | Trimmed | −578,335 | −$305M | 4.3% |
| Aon PLC | Trimmed | −789,909 | −$284M | 7.4% |
| SC Schwab Charles Corp | New | +2,508,436 | +$186M | 1.7% |
| Unitedhealth Group Inc | Trimmed | −211,795 | −$107M | 7.3% |
| Microsoft Corp | Trimmed | −219,126 | −$92.4M | 7.9% |
| Salesforce Inc | Trimmed | −248,244 | −$83M | 7.6% |
| Canadian Pacific Kansas City | Trimmed | −1,018,693 | −$73.7M | 7.6% |
Showing the 10 largest of 30 changes.
quarter ended September 30, 2024 · filed October 29, 2024
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Fiserv Inc | Exited | −5,846,562 | −$871M | — |
| Salesforce Inc | New | +2,680,957 | +$734M | 5.4% |
| M Moodys Corp | Exited | −935,906 | −$394M | — |
| Aon PLC | Added | +883,761 | +$306M | 7.7% |
| Catalent Inc | Exited | −4,395,354 | −$247M | — |
| Microsoft Corp | Added | +470,380 | +$202M | 7.1% |
| IE Intercontinental Exchange In | Trimmed | −1,048,008 | −$168M | 5.0% |
| Amazon Com Inc | Added | +629,546 | +$117M | 10.7% |
| CC Charter Communications Inc N | Trimmed | −204,629 | −$66.3M | 4.8% |
| BD Becton Dickinson & Co | Added | +189,520 | +$45.7M | 4.1% |
Showing the 10 largest of 34 changes.
Loading...
