Q4 2025 Holdings
Filed 2026-02-11 | 74 holdings | $18.5B | 13F-HR | View on SEC ↗ · Holdings Table ↗
Sign in to see sub-manager breakdown
| Issuer | Class | CUSIP | Value ↓ | Shares | % Portfolio |
|---|---|---|---|---|---|
| Broadcom Inc(AVGO) | COM | 11135F101 | $1.6B | 4,604,301 | 8.6% |
| Alphabet Inc(GOOGL) | CAP STK CL A | 02079K305 | $1.3B | 4,215,234 | 7.1% |
| S&P Global Inc(SPGI) | COM | 78409V104 | $917.5M | 1,755,624 | 5.0% |
| Taiwan Semiconductor MFG LTD(TSM) | SPONSORED ADS | 874039100 | $859.8M | 2,829,278 | 4.6% |
| Interactive Brokers Group in(IBKR) | COM CL A | 45841N107 | $820.6M | 12,759,904 | 4.4% |
| Applied Matls Inc(AMAT) | COM | 038222105 | $764.2M | 2,973,661 | 4.1% |
| Cbre Group Inc(CBRE) | CL A | 12504L109 | $717.2M | 4,460,586 | 3.9% |
| Visa Inc(V) | COM CL A | 92826C839 | $683.7M | 1,949,488 | 3.7% |
| Microsoft Corp(MSFT) | COM | 594918104 | $610.3M | 1,262,019 | 3.3% |
| Analog Devices Inc(ADI) | COM | 032654105 | $588.2M | 2,168,792 | 3.2% |
| BlackRock Inc(BLK) | COM | 09290D101 | $550.4M | 514,252 | 3.0% |
| Intercontinental Exchange in(ICE) | COM | 45866F104 | $540.6M | 3,337,982 | 2.9% |
| Thermo Fisher Scientific Inc(TMO) | COM | 883556102 | $506.0M | 873,322 | 2.7% |
| Flutter Entmt PLC(FLUT) | SHS | G3643J108 | $486.9M | 2,264,025 | 2.6% |
| Ferguson Enterprises Inc(FERG) | COMMON STOCK NEW | 31488V107 | $441.9M | 1,984,854 | 2.4% |
| AON PLC(AON) | SHS CL A | G0403H108 | $438.6M | 1,243,018 | 2.4% |
| Iqvia Hldgs Inc(IQV) | COM | 46266C105 | $437.6M | 1,941,144 | 2.4% |
| CME Group Inc(CME) | COM | 12572Q105 | $429.6M | 1,573,017 | 2.3% |
| Agilent Technologies Inc(A) | COM | 00846U101 | $423.9M | 3,115,638 | 2.3% |
| Uber Technologies Inc(UBER) | COM | 90353T100 | $420.0M | 5,140,663 | 2.3% |
| Adobe Inc(ADBE) | COM | 00724F101 | $405.0M | 1,157,237 | 2.2% |
| Live Nation Entertainment in(LYV) | COM | 538034109 | $398.6M | 2,797,205 | 2.2% |
| Equifax Inc(EFX) | COM | 294429105 | $374.1M | 1,723,998 | 2.0% |
| SS&C Technologies Hldgs Inc(SSNC) | COM | 78467J100 | $372.3M | 4,258,493 | 2.0% |
| Fastenal Co(FAST) | COM | 311900104 | $371.9M | 9,266,888 | 2.0% |
| Trip COM Group LTD(CLV) | ADS | 89677Q107 | $335.8M | 4,669,778 | 1.8% |
| Tencent Music Entmt Group(TME) | SPON ADS | 88034P109 | $328.0M | 18,708,502 | 1.8% |
| American Tower Corp New(AMT) | COM | 03027X100 | $321.4M | 1,830,525 | 1.7% |
| YUM Brands Inc(YUM) | COM | 988498101 | $311.0M | 2,055,883 | 1.7% |
| Canadian Pacific Kansas City(CP) | COM | 13646K108 | $309.8M | 4,207,858 | 1.7% |
| Tradeweb Mkts Inc(TW) | CL A | 892672106 | $289.1M | 2,688,245 | 1.6% |
| Moodys Corp(MCO) | COM | 615369105 | $227.5M | 445,400 | 1.2% |
| Alcon AG(ALC) | ORD SHS | H01301128 | $224.2M | 2,845,121 | 1.2% |
| Entegris Inc(ENTG) | COM | 29362U104 | $207.2M | 2,459,153 | 1.1% |
| Liberty Media Corp del(FWONK) | COM LBTY ONE S C | 531229755 | $168.1M | 1,706,899 | 0.9% |
| Oracle Corp(ORCL) | COM | 68389X105 | $167.8M | 860,677 | 0.9% |
| LPL Finl Hldgs Inc(LPLA) | COM | 50212V100 | $131.8M | 369,068 | 0.7% |