Egerton Capital (UK) LLP

Period:: Q1 2026
Portfolio date:: Mar 31, 2026
No. of stocks:: 24
Portfolio value:: $9,010,197,000
Filed:: May 13, 2026
CIK:: 1581811

Hist	Stock	Activity	Share change	% change to portfolio
Q1 2026filed May 13, 267 new7 added8 reduced6 exited
≡	AMZN – AMAZON COM INC	Reduce 60.00%	−3,529,162	−9.32
≡	MSFT – MICROSOFT CORP	Sell	−1,748,656	−9.19
≡	GOOG – ALPHABET INC	Add 221.00%	2,380,881	7.34
≡	LIN – LINDE PLC	Buy	1,068,371	5.88
≡	BSX – BOSTON SCIENTIFIC CORP	Sell	−5,385,084	−5.58
≡	COF – CAPITAL ONE FINL CORP	Sell	−2,069,130	−5.45
≡	NVDA – NVIDIA CORPORATION	Buy	2,675,018	5.18
≡	DIS – DEVON ENERGY CORP NEW	Buy	6,525,140	3.64
≡	MCO – MOODYS CORP	Add 100.00%	772,261	3.19
≡	CNQ – CANADIAN NAT RES LTD MED TER	Buy	5,690,211	3.07
≡	WYNN – WYNN RESORTS LTD	Sell	−2,069,751	−2.71
≡	VMC – VULCAN MATLS CO	Add 84.00%	809,043	2.37
≡	STX – SEAGATE TECHNOLOGY HLDNGS PL	Sell	−729,325	−2.18
≡	MDLN – MEDLINE INC	Buy	4,365,802	2.16
≡	APH – AMPHENOL CORP	Reduce 23.00%	−836,558	−1.42
≡	UBER – UBER TECHNOLOGIES INC	Add 74.00%	1,971,191	1.33
≡	V – VISA INC	Add 26.00%	839,971	1.32
≡	ACGL – ARCH CAP GROUP LTD	Buy	1,116,922	1.19
≡	LPLA – LPL FINL HLDGS INC	Sell	−254,813	−0.99
≡	AWI – ARMSTRONG WORLD INDS INC NEW	Buy	448,036	0.82
≡	FERG – FERGUSON ENTERPRISES INC	Reduce 37.00%	−374,056	−0.80
≡	LAMR – LAMAR ADVERTISING CO	Add 51.00%	366,661	0.54
≡	CRS – CARPENTER TECHNOLOGY CORP	Reduce 14.00%	−222,092	0.51
≡	RNR – RENAISSANCERE HLDGS LTD	Reduce 35.00%	−173,318	−0.45
≡	EMBJ – EMBRAER S.A.	Reduce 9.00%	−302,909	−0.33
≡	IBKR – INTERACTIVE BROKERS GROUP IN	Reduce 10.00%	−664,402	−0.18
≡	NYT – NEW YORK TIMES CO MTN BE	Reduce 31.00%	−438,119	−0.16
≡	CRH – CRH PLC	Add 22.00%	498,271	0.15
Q4 2025filed Feb 11, 268 new5 added3 reduced9 exited
≡	PGR – PROGRESSIVE CORP	Sell	−2,588,638	−6.74
≡	AMZN – AMAZON COM INC	Add 45.00%	1,839,247	5.40
≡	MCO – MOODYS CORP	Buy	773,409	4.29
≡	META – META PLATFORMS INC	Sell	−541,167	−4.19
≡	V – VISA INC	Add 37.00%	887,626	3.89
≡	FLUT – FLUTTER ENTMT PLC	Sell	−1,412,018	−3.78
≡	FERG – FERGUSON ENTERPRISES INC	Reduce 61.00%	−1,591,910	−3.72
≡	GOOG – ALPHABET INC	Buy	1,078,768	3.68
≡	ACGL – ARCH CAP GROUP LTD	Sell	−3,507,882	−3.36
≡	VMC – VULCAN MATLS CO	Buy	960,173	2.98
≡	WYNN – WYNN RESORTS LTD	Buy	2,069,751	2.71
≡	UBER – UBER TECHNOLOGIES INC	Buy	2,681,172	2.38
≡	CRH – CRH PLC	Reduce 47.00%	−1,999,786	−2.32
≡	HHH – INTERCONTINENTAL EXCHANGE IN	Sell	−1,036,199	−1.84
≡	STX – SEAGATE TECHNOLOGY HLDNGS PL	Reduce 54.00%	−863,658	−1.78
≡	CRS – CARPENTER TECHNOLOGY CORP	Add 13.00%	178,679	1.76
≡	CP – CANADIAN PACIFIC KANSAS CITY	Sell	−2,026,311	−1.59
≡	RNR – RENAISSANCERE HLDGS LTD	Buy	490,626	1.50
≡	ARMK – ARAMARK	Sell	−3,204,201	−1.30
≡	TRU – TRANSUNION	Sell	−1,465,050	−1.29
≡	NYT – NEW YORK TIMES CO	Buy	1,410,003	1.06
≡	LPLA – LPL FINL HLDGS INC	Buy	254,813	0.99
≡	EMBJ – EMBRAER S.A.	Add 55.00%	1,161,128	0.94
≡	FCNCA – FIRST CTZNS BANCSHARES INC D	Sell	−47,384	−0.89
≡	IBKR – INTERACTIVE BROKERS GROUP IN	Add 11.00%	685,447	0.31
Q3 2025filed Nov 12, 253 new7 added9 reduced4 exited
≡	BSX – BOSTON SCIENTIFIC CORP	Add 224.00%	3,671,548	3.66
≡	GE – GE AEROSPACE	Sell	−1,261,839	−3.33
≡	LPLA – LPL FINL HLDGS INC	Sell	−832,516	−3.20
≡	CP – CANADIAN PACIFIC KANSAS CITY	Reduce 56.00%	−2,530,870	−2.11
≡	AMZN – AMAZON COM INC	Add 21.00%	715,864	1.87
≡	CRS – CARPENTER TECHNOLOGY CORP	Reduce 28.00%	−534,734	−1.85
≡	APH – AMPHENOL CORP NEW	Add 21.00%	654,949	1.78
≡	GOOG – ALPHABET INC	Sell	−965,393	−1.76
≡	V – VISA INC	Add 25.00%	473,058	1.62
≡	EMBJ – EMBRAER S.A.	Buy	2,117,012	1.35
≡	TRU – TRANSUNION	Buy	1,465,050	1.29
≡	FERG – FERGUSON ENTERPRISES INC	Add 16.00%	366,898	1.17
≡	CRH – CRH PLC	Reduce 7.00%	−309,718	1.08
≡	LAMR – LAMAR ADVERTISING CO NEW	Buy	723,857	0.93
≡	CME – CME GROUP INC	Reduce 22.00%	−338,148	−0.93
≡	STX – SEAGATE TECHNOLOGY HLDNGS PL	Reduce 22.00%	−458,451	0.93
≡	FCNCA – FIRST CTZNS BANCSHARES INC D	Reduce 47.00%	−41,626	−0.89
≡	ACGL – ARCH CAP GROUP LTD	Reduce 17.00%	−733,084	−0.60
≡	COF – CAPITAL ONE FINL CORP	Reduce 11.00%	−255,803	−0.44
≡	MA – MASTERCARD INCORPORATED	Add 10.00%	40,109	0.34
≡	BLDR – BUILDERS FIRSTSOURCE INC	Sell	−262,628	−0.31
≡	ARMK – ARAMARK	Add 13.00%	374,656	0.08
≡	IBKR – INTERACTIVE BROKERS GROUP IN	Reduce 22.00%	−1,802,710	−0.04
Q2 2025filed Aug 12, 254 new9 added7 reduced6 exited
≡	FISV – FISERV INC	Sell	−2,381,496	−6.07
≡	FERG – FERGUSON ENTERPRISES INC	Buy	2,233,326	4.99
≡	LLY – ELI LILLY & CO	Sell	−492,808	−4.70
≡	MSFT – MICROSOFT CORP	Add 39.00%	515,533	3.66
≡	COF – CAPITAL ONE FINL CORP	Add 162.00%	1,441,983	3.25
≡	V – VISA INC	Add 99.00%	951,330	3.08
≡	STX – SEAGATE TECHNOLOGY HLDNGS PL	Buy	2,051,434	3.04
≡	APH – AMPHENOL CORP NEW	Add 80.00%	1,405,850	1.88
≡	IBN – ICICI BANK LIMITED	Sell	−5,031,304	−1.83
≡	BSX – BOSTON SCIENTIFIC CORP	Buy	1,640,956	1.81
≡	AMZN – AMAZON COM INC	Reduce 21.00%	−884,482	−1.76
≡	FLUT – FLUTTER ENTMT PLC	Reduce 34.00%	−743,883	−1.36
≡	GOOG – ALPHABET INC	Reduce 42.00%	−700,315	−1.25
≡	IBKR – INTERACTIVE BROKERS GROUP IN	Add 339.00%	6,222,875	1.08
≡	HHH – HOWARD HUGHES HOLDINGS INC	Sell	−1,196,288	−1.02
≡	CME – CME GROUP INC	Reduce 12.00%	−207,258	−0.99
≡	MLM – MARTIN MARIETTA MATLS INC	Sell	−165,338	−0.91
≡	FCNCA – FIRST CTZNS BANCSHARES INC N	Reduce 29.00%	−35,763	−0.88
≡	HDB – HDFC BANK LTD	Sell	−1,116,493	−0.86
≡	META – META PLATFORMS INC	Reduce 26.00%	−191,160	−0.76
≡	ARMK – ARAMARK	Add 36.00%	754,419	0.39
≡	CP – CANADIAN PACIFIC KANSAS CITY	Add 9.00%	391,636	0.33
≡	BLDR – BUILDERS FIRSTSOURCE INC	Buy	262,628	0.31
≡	GE – GE AEROSPACE	Reduce 16.00%	−235,515	−0.13
≡	MA – MASTERCARD INCORPORATED	Add 10.00%	39,825	0.02
≡	CRH – CRH PLC	Add 8.00%	339,328	0.01
Q1 2025filed May 6, 252 new13 added6 reduced5 exited
≡	GEHC – GE HEALTHCARE TECHNOLOGIES I	Sell	−4,572,382	−4.13
≡	CRS – CARPENTER TECHNOLOGY CORP	Buy	1,819,885	3.80
≡	RNR – RENAISSANCERE HLDGS LTD	Sell	−1,294,662	−3.73
≡	AMZN – AMAZON COM INC	Add 75.00%	1,813,724	3.16
≡	MSFT – MICROSOFT CORP	Reduce 24.00%	−429,476	−2.82
≡	CME – CME GROUP INC	Add 79.00%	765,773	2.71
≡	CP – CANADIAN PACIFIC KANSAS CITY	Reduce 41.00%	−2,911,090	−2.55
≡	LPLA – LPL FINL HLDGS INC	Add 238.00%	613,555	2.32
≡	LLY – ELI LILLY & CO	Add 75.00%	211,827	2.19
≡	EMBJ – EMBRAER S.A.	Sell	−3,634,426	−1.54
≡	COF – CAPITAL ONE FINL CORP	Reduce 43.00%	−673,836	−1.38
≡	APH – AMPHENOL CORP NEW	Buy	1,762,623	1.33
≡	LAD – LITHIA MTRS INC	Sell	−316,845	−1.31
≡	GE – GE AEROSPACE	Reduce 38.00%	−907,203	−1.18
≡	HHH – INTERCONTINENTAL EXCHANGE IN	Add 50.00%	368,112	0.93
≡	V – VISA INC	Add 11.00%	96,117	0.72
≡	BKNG – BOOKING HOLDINGS INC	Sell	−12,235	−0.70
≡	HHH – HOWARD HUGHES HOLDINGS INC	Add 169.00%	752,325	0.63
≡	ACGL – ARCH CAP GROUP LTD	Add 8.00%	337,245	0.54
≡	META – META PLATFORMS INC	Reduce 7.00%	−58,987	−0.49
≡	MLM – MARTIN MARIETTA MATLS INC	Add 101.00%	83,062	0.42
≡	IBN – ICICI BANK LIMITED	Reduce 21.00%	−1,354,572	−0.38
≡	ARMK – ARAMARK	Add 79.00%	916,054	0.33
≡	GOOG – ALPHABET INC	Add 13.00%	186,203	−0.26
≡	FCNCA – FIRST CTZNS BANCSHARES INC N	Add 22.00%	22,257	0.16
≡	FLUT – FLUTTER ENTMT PLC	Add 17.00%	316,411	−0.00
Q4 2024filed Feb 10, 258 new3 added13 reduced8 exited
≡	COF – CAPITAL ONE FINL CORP	Buy	1,565,495	3.23
≡	CME – CME GROUP INC	Buy	964,421	2.59
≡	UBER – UBER TECHNOLOGIES INC	Sell	−3,380,958	−2.56
≡	LLY – ELI LILLY & CO	Buy	280,981	2.51
≡	GOOG – ALPHABET INC	Reduce 55.00%	−1,784,517	−2.25
≡	FCNCA – FIRST CTZNS BANCSHARES INC N	Reduce 59.00%	−146,291	−2.12
≡	BKNG – BOOKING HOLDINGS INC	Reduce 81.00%	−52,077	−2.03
≡	GEV – GE VERNOVA INC	Sell	−597,858	−1.54
≡	RNR – RENAISSANCERE HLDGS LTD	Reduce 32.00%	−599,750	−1.48
≡	LAD – LITHIA MTRS INC	Buy	316,845	1.31
≡	HHH – INTERCONTINENTAL EXCHANGE IN	Buy	733,307	1.26
≡	GEHC – GE HEALTHCARE TECHNOLOGIES I	Reduce 20.00%	−1,107,639	−1.25
≡	IBN – ICICI BANK LIMITED	Add 61.00%	2,422,251	1.01
≡	IBKR – INTERACTIVE BROKERS GROUP IN	Reduce 45.00%	−1,534,340	−0.98
≡	LPLA – LPL FINL HLDGS INC	Buy	257,710	0.97
≡	HLT – HILTON WORLDWIDE HLDGS INC	Sell	−405,318	−0.94
≡	GE – GE AEROSPACE	Add 23.00%	447,738	0.91
≡	FSLR – FIRST SOLAR INC	Sell	−348,161	−0.88
≡	CP – CANADIAN PACIFIC KANSAS CITY	Reduce 10.00%	−779,026	−0.86
≡	FISV – FISERV INC	Reduce 10.00%	−253,886	0.85
≡	HDB – HDFC BANK LTD	Buy	1,140,511	0.84
≡	MA – MASTERCARD INCORPORATED	Reduce 39.00%	−245,978	−0.80
≡	ACGL – ARCH CAP GROUP LTD	Add 26.00%	816,750	0.68
≡	MLM – MARTIN MARIETTA MATLS INC	Reduce 60.00%	−122,398	−0.62
≡	VRTX – VERTEX PHARMACEUTICALS INC	Sell	−124,045	−0.58
≡	META – META PLATFORMS INC	Reduce 22.00%	−227,047	−0.51
≡	AAPL – APPLE INC	Sell	−201,738	−0.47
≡	CB – CHUBB LIMITED	Sell	−148,764	−0.43
≡	HHH – HOWARD HUGHES HOLDINGS INC	Buy	443,963	0.39
≡	AMZN – AMAZON COM INC	Reduce 22.00%	−659,947	0.34
≡	SN – SHARKNINJA INC	Sell	−177,193	−0.19
≡	V – VISA INC	Reduce 27.00%	−317,207	−0.12
Q3 2024filed Nov 5, 246 new7 added14 reduced2 exited
≡	CNI – CANADIAN NATL RY CO	Sell	−4,066,666	−4.85
≡	PGR – PROGRESSIVE CORP	Add 83.00%	1,282,516	4.00
≡	V – VISA INC	Reduce 54.00%	−1,374,073	−3.49
≡	FLUT – FLUTTER ENTMT PLC	Add 74.00%	774,266	2.43
≡	CVE – CENOVUS ENERGY INC	Sell	−10,322,992	−2.05
≡	AMZN – AMAZON COM INC	Reduce 21.00%	−827,315	−1.83
≡	BKNG – BOOKING HOLDINGS INC	Reduce 42.00%	−46,815	−1.71
≡	EMBJ – EMBRAER S.A.	Buy	3,707,524	1.32
≡	MA – MASTERCARD INCORPORATED	Add 50.00%	212,131	1.28
≡	UBER – UBER TECHNOLOGIES INC	Add 89.00%	1,595,839	1.25
≡	CRH – CRH PLC	Add 12.00%	475,305	1.15
≡	MLM – MARTIN MARIETTA MATLS INC	Buy	204,674	1.11
≡	IBKR – INTERACTIVE BROKERS GROUP IN	Add 8.00%	249,143	0.88
≡	META – META PLATFORMS INC	Reduce 23.00%	−311,176	−0.88
≡	MSFT – MICROSOFT CORP	Add 15.00%	230,587	0.75
≡	FSLR – FIRST SOLAR INC	Reduce 51.00%	−361,677	−0.74
≡	VRTX – VERTEX PHARMACEUTICALS INC	Buy	124,045	0.58
≡	CP – CANADIAN PACIFIC KANSAS CITY	Reduce 15.00%	−1,380,900	−0.56
≡	FISV – FISERV INC	Reduce 6.00%	−158,255	0.56
≡	AAPL – APPLE INC	Buy	201,738	0.47
≡	ARMK – ARAMARK	Buy	1,182,142	0.46
≡	CB – CHUBB LIMITED	Buy	148,764	0.43
≡	IBN – ICICI BANK LIMITED	Reduce 28.00%	−1,577,354	−0.42
≡	GEHC – GE HEALTHCARE TECHNOLOGIES I	Reduce 23.00%	−1,677,864	−0.41
≡	SN – SHARKNINJA INC	Reduce 73.00%	−479,854	−0.30
≡	FCNCA – FIRST CTZNS BANCSHARES INC N	Reduce 12.00%	−34,421	−0.19
≡	GEV – GE VERNOVA INC	Reduce 24.00%	−186,650	0.18
≡	HLT – HILTON WORLDWIDE HLDGS INC	Reduce 18.00%	−88,231	−0.14
≡	GE – GE AEROSPACE	Reduce 18.00%	−416,456	−0.09
Q2 2024filed Aug 13, 246 new5 added12 reduced2 exited
≡	PGR – PROGRESSIVE CORP	Buy	1,541,378	3.23
≡	CNI – CANADIAN NATL RY CO	Reduce 32.00%	−1,939,582	−2.79
≡	GOOG – ALPHABET INC	Add 30.00%	750,358	2.34
≡	FLUT – FLUTTER ENTMT PLC	Buy	1,041,284	1.92
≡	GE – GE AEROSPACE	Reduce 30.00%	−998,532	−1.91
≡	GEHC – GE HEALTHCARE TECHNOLOGIES I	Reduce 15.00%	−1,348,969	−1.86
≡	FSLR – FIRST SOLAR INC	Buy	709,838	1.62
≡	BKNG – BOOKING HOLDINGS INC	Add 37.00%	30,306	1.61
≡	HLT – HILTON WORLDWIDE HLDGS INC	Reduce 61.00%	−788,157	−1.55
≡	XYZ – BLOCK INC	Sell	−1,900,407	−1.55
≡	APG – API GROUP CORP	Sell	−4,079,597	−1.55
≡	GEV – GE VERNOVA INC	Buy	784,508	1.36
≡	UBER – UBER TECHNOLOGIES INC	Buy	1,785,119	1.31
≡	CP – CANADIAN PACIFIC KANSAS CITY	Reduce 7.00%	−715,316	−1.14
≡	FISV – FISERV INC	Reduce 19.00%	−655,536	−1.12
≡	AMZN – AMAZON COM INC	Reduce 22.00%	−1,096,811	−1.10
≡	MSFT – MICROSOFT CORP	Add 7.00%	102,398	1.08
≡	IBKR – INTERACTIVE BROKERS GROUP IN	Add 11.00%	309,673	0.83
≡	CVE – CENOVUS ENERGY INC	Reduce 26.00%	−3,644,951	−0.65
≡	V – VISA INC	Reduce 7.00%	−181,208	−0.61
≡	CRH – CRH PLC	Reduce 7.00%	−295,084	−0.55
≡	SN – SHARKNINJA INC	Buy	657,047	0.50
≡	MA – MASTERCARD INCORPORATED	Add 12.00%	46,480	0.13
≡	IBN – ICICI BANK LIMITED	Reduce 9.00%	−522,571	0.06
≡	META – META PLATFORMS INC	Reduce 7.00%	−101,472	0.06
Q1 2024filed May 13, 243 new6 added9 reduced3 exited
≡	GEHC – GE HEALTHCARE TECHNOLOGIES I	Add 149.00%	5,210,342	4.72
≡	IBKR – INTERACTIVE BROKERS GROUP IN	Buy	2,823,697	3.05
≡	V – VISA INC	Reduce 25.00%	−933,144	−2.97
≡	HDB – HDFC BANK LTD	Sell	−2,823,924	−2.05
≡	SLB – SCHLUMBERGER LTD	Sell	−3,295,155	−1.86
≡	IBN – ICICI BANK LIMITED	Reduce 51.00%	−6,256,660	−1.63
≡	GOOG – ALPHABET INC	Reduce 28.00%	−972,954	−1.62
≡	XYZ – BLOCK INC	Buy	1,900,407	1.55
≡	APG – API GROUP CORP	Buy	4,079,597	1.55
≡	ACGL – ARCH CAP GROUP LTD	Add 70.00%	1,403,616	1.43
≡	MSFT – MICROSOFT CORP	Reduce 19.00%	−333,900	−1.37
≡	BKNG – BOOKING HOLDINGS INC	Reduce 25.00%	−26,982	−1.31
≡	CP – CANADIAN PACIFIC KANSAS CITY	Reduce 13.00%	−1,448,339	−1.28
≡	AMZN – AMAZON COM INC	Add 7.00%	342,982	1.05
≡	CRH – CRH PLC	Add 25.00%	842,172	0.99
≡	RYDAF – SHELL PLC	Sell	−1,173,260	−0.84
≡	RNR – RENAISSANCERE HLDGS LTD	Add 13.00%	217,284	0.74
≡	MA – MASTERCARD INCORPORATED	Reduce 30.00%	−161,911	−0.74
≡	CNI – CANADIAN NATL RY CO	Add 13.00%	697,980	0.42
≡	GE – GENERAL ELECTRIC CO	Reduce 22.00%	−931,163	−0.23
≡	META – META PLATFORMS INC	Reduce 20.00%	−359,908	−0.14

Hist	Stock	Activity	Share change	% change to portfolio
Q1 2026filed May 13, 267 new7 added8 reduced6 exited
≡	AMZN – AMAZON COM INC	Reduce 60.00%	−3,529,162	−9.32
≡	MSFT – MICROSOFT CORP	Sell	−1,748,656	−9.19
≡	GOOG – ALPHABET INC	Add 221.00%	2,380,881	7.34
≡	LIN – LINDE PLC	Buy	1,068,371	5.88
≡	BSX – BOSTON SCIENTIFIC CORP	Sell	−5,385,084	−5.58
≡	COF – CAPITAL ONE FINL CORP	Sell	−2,069,130	−5.45
≡	NVDA – NVIDIA CORPORATION	Buy	2,675,018	5.18
≡	DIS – DEVON ENERGY CORP NEW	Buy	6,525,140	3.64
≡	MCO – MOODYS CORP	Add 100.00%	772,261	3.19
≡	CNQ – CANADIAN NAT RES LTD MED TER	Buy	5,690,211	3.07
≡	WYNN – WYNN RESORTS LTD	Sell	−2,069,751	−2.71
≡	VMC – VULCAN MATLS CO	Add 84.00%	809,043	2.37
≡	STX – SEAGATE TECHNOLOGY HLDNGS PL	Sell	−729,325	−2.18
≡	MDLN – MEDLINE INC	Buy	4,365,802	2.16
≡	APH – AMPHENOL CORP	Reduce 23.00%	−836,558	−1.42
≡	UBER – UBER TECHNOLOGIES INC	Add 74.00%	1,971,191	1.33
≡	V – VISA INC	Add 26.00%	839,971	1.32
≡	ACGL – ARCH CAP GROUP LTD	Buy	1,116,922	1.19
≡	LPLA – LPL FINL HLDGS INC	Sell	−254,813	−0.99
≡	AWI – ARMSTRONG WORLD INDS INC NEW	Buy	448,036	0.82
≡	FERG – FERGUSON ENTERPRISES INC	Reduce 37.00%	−374,056	−0.80
≡	LAMR – LAMAR ADVERTISING CO	Add 51.00%	366,661	0.54
≡	CRS – CARPENTER TECHNOLOGY CORP	Reduce 14.00%	−222,092	0.51
≡	RNR – RENAISSANCERE HLDGS LTD	Reduce 35.00%	−173,318	−0.45
≡	EMBJ – EMBRAER S.A.	Reduce 9.00%	−302,909	−0.33
≡	IBKR – INTERACTIVE BROKERS GROUP IN	Reduce 10.00%	−664,402	−0.18
≡	NYT – NEW YORK TIMES CO MTN BE	Reduce 31.00%	−438,119	−0.16
≡	CRH – CRH PLC	Add 22.00%	498,271	0.15
Q4 2025filed Feb 11, 268 new5 added3 reduced9 exited
≡	PGR – PROGRESSIVE CORP	Sell	−2,588,638	−6.74
≡	AMZN – AMAZON COM INC	Add 45.00%	1,839,247	5.40
≡	MCO – MOODYS CORP	Buy	773,409	4.29
≡	META – META PLATFORMS INC	Sell	−541,167	−4.19
≡	V – VISA INC	Add 37.00%	887,626	3.89
≡	FLUT – FLUTTER ENTMT PLC	Sell	−1,412,018	−3.78
≡	FERG – FERGUSON ENTERPRISES INC	Reduce 61.00%	−1,591,910	−3.72
≡	GOOG – ALPHABET INC	Buy	1,078,768	3.68
≡	ACGL – ARCH CAP GROUP LTD	Sell	−3,507,882	−3.36
≡	VMC – VULCAN MATLS CO	Buy	960,173	2.98
≡	WYNN – WYNN RESORTS LTD	Buy	2,069,751	2.71
≡	UBER – UBER TECHNOLOGIES INC	Buy	2,681,172	2.38
≡	CRH – CRH PLC	Reduce 47.00%	−1,999,786	−2.32
≡	HHH – INTERCONTINENTAL EXCHANGE IN	Sell	−1,036,199	−1.84
≡	STX – SEAGATE TECHNOLOGY HLDNGS PL	Reduce 54.00%	−863,658	−1.78
≡	CRS – CARPENTER TECHNOLOGY CORP	Add 13.00%	178,679	1.76
≡	CP – CANADIAN PACIFIC KANSAS CITY	Sell	−2,026,311	−1.59
≡	RNR – RENAISSANCERE HLDGS LTD	Buy	490,626	1.50
≡	ARMK – ARAMARK	Sell	−3,204,201	−1.30
≡	TRU – TRANSUNION	Sell	−1,465,050	−1.29
≡	NYT – NEW YORK TIMES CO	Buy	1,410,003	1.06
≡	LPLA – LPL FINL HLDGS INC	Buy	254,813	0.99
≡	EMBJ – EMBRAER S.A.	Add 55.00%	1,161,128	0.94
≡	FCNCA – FIRST CTZNS BANCSHARES INC D	Sell	−47,384	−0.89
≡	IBKR – INTERACTIVE BROKERS GROUP IN	Add 11.00%	685,447	0.31
Q3 2025filed Nov 12, 253 new7 added9 reduced4 exited
≡	BSX – BOSTON SCIENTIFIC CORP	Add 224.00%	3,671,548	3.66
≡	GE – GE AEROSPACE	Sell	−1,261,839	−3.33
≡	LPLA – LPL FINL HLDGS INC	Sell	−832,516	−3.20
≡	CP – CANADIAN PACIFIC KANSAS CITY	Reduce 56.00%	−2,530,870	−2.11
≡	AMZN – AMAZON COM INC	Add 21.00%	715,864	1.87
≡	CRS – CARPENTER TECHNOLOGY CORP	Reduce 28.00%	−534,734	−1.85
≡	APH – AMPHENOL CORP NEW	Add 21.00%	654,949	1.78
≡	GOOG – ALPHABET INC	Sell	−965,393	−1.76
≡	V – VISA INC	Add 25.00%	473,058	1.62
≡	EMBJ – EMBRAER S.A.	Buy	2,117,012	1.35
≡	TRU – TRANSUNION	Buy	1,465,050	1.29
≡	FERG – FERGUSON ENTERPRISES INC	Add 16.00%	366,898	1.17
≡	CRH – CRH PLC	Reduce 7.00%	−309,718	1.08
≡	LAMR – LAMAR ADVERTISING CO NEW	Buy	723,857	0.93
≡	CME – CME GROUP INC	Reduce 22.00%	−338,148	−0.93
≡	STX – SEAGATE TECHNOLOGY HLDNGS PL	Reduce 22.00%	−458,451	0.93
≡	FCNCA – FIRST CTZNS BANCSHARES INC D	Reduce 47.00%	−41,626	−0.89
≡	ACGL – ARCH CAP GROUP LTD	Reduce 17.00%	−733,084	−0.60
≡	COF – CAPITAL ONE FINL CORP	Reduce 11.00%	−255,803	−0.44
≡	MA – MASTERCARD INCORPORATED	Add 10.00%	40,109	0.34
≡	BLDR – BUILDERS FIRSTSOURCE INC	Sell	−262,628	−0.31
≡	ARMK – ARAMARK	Add 13.00%	374,656	0.08
≡	IBKR – INTERACTIVE BROKERS GROUP IN	Reduce 22.00%	−1,802,710	−0.04
Q2 2025filed Aug 12, 254 new9 added7 reduced6 exited
≡	FISV – FISERV INC	Sell	−2,381,496	−6.07
≡	FERG – FERGUSON ENTERPRISES INC	Buy	2,233,326	4.99
≡	LLY – ELI LILLY & CO	Sell	−492,808	−4.70
≡	MSFT – MICROSOFT CORP	Add 39.00%	515,533	3.66
≡	COF – CAPITAL ONE FINL CORP	Add 162.00%	1,441,983	3.25
≡	V – VISA INC	Add 99.00%	951,330	3.08
≡	STX – SEAGATE TECHNOLOGY HLDNGS PL	Buy	2,051,434	3.04
≡	APH – AMPHENOL CORP NEW	Add 80.00%	1,405,850	1.88
≡	IBN – ICICI BANK LIMITED	Sell	−5,031,304	−1.83
≡	BSX – BOSTON SCIENTIFIC CORP	Buy	1,640,956	1.81
≡	AMZN – AMAZON COM INC	Reduce 21.00%	−884,482	−1.76
≡	FLUT – FLUTTER ENTMT PLC	Reduce 34.00%	−743,883	−1.36
≡	GOOG – ALPHABET INC	Reduce 42.00%	−700,315	−1.25
≡	IBKR – INTERACTIVE BROKERS GROUP IN	Add 339.00%	6,222,875	1.08
≡	HHH – HOWARD HUGHES HOLDINGS INC	Sell	−1,196,288	−1.02
≡	CME – CME GROUP INC	Reduce 12.00%	−207,258	−0.99
≡	MLM – MARTIN MARIETTA MATLS INC	Sell	−165,338	−0.91
≡	FCNCA – FIRST CTZNS BANCSHARES INC N	Reduce 29.00%	−35,763	−0.88
≡	HDB – HDFC BANK LTD	Sell	−1,116,493	−0.86
≡	META – META PLATFORMS INC	Reduce 26.00%	−191,160	−0.76
≡	ARMK – ARAMARK	Add 36.00%	754,419	0.39
≡	CP – CANADIAN PACIFIC KANSAS CITY	Add 9.00%	391,636	0.33
≡	BLDR – BUILDERS FIRSTSOURCE INC	Buy	262,628	0.31
≡	GE – GE AEROSPACE	Reduce 16.00%	−235,515	−0.13
≡	MA – MASTERCARD INCORPORATED	Add 10.00%	39,825	0.02
≡	CRH – CRH PLC	Add 8.00%	339,328	0.01
Q1 2025filed May 6, 252 new13 added6 reduced5 exited
≡	GEHC – GE HEALTHCARE TECHNOLOGIES I	Sell	−4,572,382	−4.13
≡	CRS – CARPENTER TECHNOLOGY CORP	Buy	1,819,885	3.80
≡	RNR – RENAISSANCERE HLDGS LTD	Sell	−1,294,662	−3.73
≡	AMZN – AMAZON COM INC	Add 75.00%	1,813,724	3.16
≡	MSFT – MICROSOFT CORP	Reduce 24.00%	−429,476	−2.82
≡	CME – CME GROUP INC	Add 79.00%	765,773	2.71
≡	CP – CANADIAN PACIFIC KANSAS CITY	Reduce 41.00%	−2,911,090	−2.55
≡	LPLA – LPL FINL HLDGS INC	Add 238.00%	613,555	2.32
≡	LLY – ELI LILLY & CO	Add 75.00%	211,827	2.19
≡	EMBJ – EMBRAER S.A.	Sell	−3,634,426	−1.54
≡	COF – CAPITAL ONE FINL CORP	Reduce 43.00%	−673,836	−1.38
≡	APH – AMPHENOL CORP NEW	Buy	1,762,623	1.33
≡	LAD – LITHIA MTRS INC	Sell	−316,845	−1.31
≡	GE – GE AEROSPACE	Reduce 38.00%	−907,203	−1.18
≡	HHH – INTERCONTINENTAL EXCHANGE IN	Add 50.00%	368,112	0.93
≡	V – VISA INC	Add 11.00%	96,117	0.72
≡	BKNG – BOOKING HOLDINGS INC	Sell	−12,235	−0.70
≡	HHH – HOWARD HUGHES HOLDINGS INC	Add 169.00%	752,325	0.63
≡	ACGL – ARCH CAP GROUP LTD	Add 8.00%	337,245	0.54
≡	META – META PLATFORMS INC	Reduce 7.00%	−58,987	−0.49
≡	MLM – MARTIN MARIETTA MATLS INC	Add 101.00%	83,062	0.42
≡	IBN – ICICI BANK LIMITED	Reduce 21.00%	−1,354,572	−0.38
≡	ARMK – ARAMARK	Add 79.00%	916,054	0.33
≡	GOOG – ALPHABET INC	Add 13.00%	186,203	−0.26
≡	FCNCA – FIRST CTZNS BANCSHARES INC N	Add 22.00%	22,257	0.16
≡	FLUT – FLUTTER ENTMT PLC	Add 17.00%	316,411	−0.00
Q4 2024filed Feb 10, 258 new3 added13 reduced8 exited
≡	COF – CAPITAL ONE FINL CORP	Buy	1,565,495	3.23
≡	CME – CME GROUP INC	Buy	964,421	2.59
≡	UBER – UBER TECHNOLOGIES INC	Sell	−3,380,958	−2.56
≡	LLY – ELI LILLY & CO	Buy	280,981	2.51
≡	GOOG – ALPHABET INC	Reduce 55.00%	−1,784,517	−2.25
≡	FCNCA – FIRST CTZNS BANCSHARES INC N	Reduce 59.00%	−146,291	−2.12
≡	BKNG – BOOKING HOLDINGS INC	Reduce 81.00%	−52,077	−2.03
≡	GEV – GE VERNOVA INC	Sell	−597,858	−1.54
≡	RNR – RENAISSANCERE HLDGS LTD	Reduce 32.00%	−599,750	−1.48
≡	LAD – LITHIA MTRS INC	Buy	316,845	1.31
≡	HHH – INTERCONTINENTAL EXCHANGE IN	Buy	733,307	1.26
≡	GEHC – GE HEALTHCARE TECHNOLOGIES I	Reduce 20.00%	−1,107,639	−1.25
≡	IBN – ICICI BANK LIMITED	Add 61.00%	2,422,251	1.01
≡	IBKR – INTERACTIVE BROKERS GROUP IN	Reduce 45.00%	−1,534,340	−0.98
≡	LPLA – LPL FINL HLDGS INC	Buy	257,710	0.97
≡	HLT – HILTON WORLDWIDE HLDGS INC	Sell	−405,318	−0.94
≡	GE – GE AEROSPACE	Add 23.00%	447,738	0.91
≡	FSLR – FIRST SOLAR INC	Sell	−348,161	−0.88
≡	CP – CANADIAN PACIFIC KANSAS CITY	Reduce 10.00%	−779,026	−0.86
≡	FISV – FISERV INC	Reduce 10.00%	−253,886	0.85
≡	HDB – HDFC BANK LTD	Buy	1,140,511	0.84
≡	MA – MASTERCARD INCORPORATED	Reduce 39.00%	−245,978	−0.80
≡	ACGL – ARCH CAP GROUP LTD	Add 26.00%	816,750	0.68
≡	MLM – MARTIN MARIETTA MATLS INC	Reduce 60.00%	−122,398	−0.62
≡	VRTX – VERTEX PHARMACEUTICALS INC	Sell	−124,045	−0.58
≡	META – META PLATFORMS INC	Reduce 22.00%	−227,047	−0.51
≡	AAPL – APPLE INC	Sell	−201,738	−0.47
≡	CB – CHUBB LIMITED	Sell	−148,764	−0.43
≡	HHH – HOWARD HUGHES HOLDINGS INC	Buy	443,963	0.39
≡	AMZN – AMAZON COM INC	Reduce 22.00%	−659,947	0.34
≡	SN – SHARKNINJA INC	Sell	−177,193	−0.19
≡	V – VISA INC	Reduce 27.00%	−317,207	−0.12
Q3 2024filed Nov 5, 246 new7 added14 reduced2 exited
≡	CNI – CANADIAN NATL RY CO	Sell	−4,066,666	−4.85
≡	PGR – PROGRESSIVE CORP	Add 83.00%	1,282,516	4.00
≡	V – VISA INC	Reduce 54.00%	−1,374,073	−3.49
≡	FLUT – FLUTTER ENTMT PLC	Add 74.00%	774,266	2.43
≡	CVE – CENOVUS ENERGY INC	Sell	−10,322,992	−2.05
≡	AMZN – AMAZON COM INC	Reduce 21.00%	−827,315	−1.83
≡	BKNG – BOOKING HOLDINGS INC	Reduce 42.00%	−46,815	−1.71
≡	EMBJ – EMBRAER S.A.	Buy	3,707,524	1.32
≡	MA – MASTERCARD INCORPORATED	Add 50.00%	212,131	1.28
≡	UBER – UBER TECHNOLOGIES INC	Add 89.00%	1,595,839	1.25
≡	CRH – CRH PLC	Add 12.00%	475,305	1.15
≡	MLM – MARTIN MARIETTA MATLS INC	Buy	204,674	1.11
≡	IBKR – INTERACTIVE BROKERS GROUP IN	Add 8.00%	249,143	0.88
≡	META – META PLATFORMS INC	Reduce 23.00%	−311,176	−0.88
≡	MSFT – MICROSOFT CORP	Add 15.00%	230,587	0.75
≡	FSLR – FIRST SOLAR INC	Reduce 51.00%	−361,677	−0.74
≡	VRTX – VERTEX PHARMACEUTICALS INC	Buy	124,045	0.58
≡	CP – CANADIAN PACIFIC KANSAS CITY	Reduce 15.00%	−1,380,900	−0.56
≡	FISV – FISERV INC	Reduce 6.00%	−158,255	0.56
≡	AAPL – APPLE INC	Buy	201,738	0.47
≡	ARMK – ARAMARK	Buy	1,182,142	0.46
≡	CB – CHUBB LIMITED	Buy	148,764	0.43
≡	IBN – ICICI BANK LIMITED	Reduce 28.00%	−1,577,354	−0.42
≡	GEHC – GE HEALTHCARE TECHNOLOGIES I	Reduce 23.00%	−1,677,864	−0.41
≡	SN – SHARKNINJA INC	Reduce 73.00%	−479,854	−0.30
≡	FCNCA – FIRST CTZNS BANCSHARES INC N	Reduce 12.00%	−34,421	−0.19
≡	GEV – GE VERNOVA INC	Reduce 24.00%	−186,650	0.18
≡	HLT – HILTON WORLDWIDE HLDGS INC	Reduce 18.00%	−88,231	−0.14
≡	GE – GE AEROSPACE	Reduce 18.00%	−416,456	−0.09
Q2 2024filed Aug 13, 246 new5 added12 reduced2 exited
≡	PGR – PROGRESSIVE CORP	Buy	1,541,378	3.23
≡	CNI – CANADIAN NATL RY CO	Reduce 32.00%	−1,939,582	−2.79
≡	GOOG – ALPHABET INC	Add 30.00%	750,358	2.34
≡	FLUT – FLUTTER ENTMT PLC	Buy	1,041,284	1.92
≡	GE – GE AEROSPACE	Reduce 30.00%	−998,532	−1.91
≡	GEHC – GE HEALTHCARE TECHNOLOGIES I	Reduce 15.00%	−1,348,969	−1.86
≡	FSLR – FIRST SOLAR INC	Buy	709,838	1.62
≡	BKNG – BOOKING HOLDINGS INC	Add 37.00%	30,306	1.61
≡	HLT – HILTON WORLDWIDE HLDGS INC	Reduce 61.00%	−788,157	−1.55
≡	XYZ – BLOCK INC	Sell	−1,900,407	−1.55
≡	APG – API GROUP CORP	Sell	−4,079,597	−1.55
≡	GEV – GE VERNOVA INC	Buy	784,508	1.36
≡	UBER – UBER TECHNOLOGIES INC	Buy	1,785,119	1.31
≡	CP – CANADIAN PACIFIC KANSAS CITY	Reduce 7.00%	−715,316	−1.14
≡	FISV – FISERV INC	Reduce 19.00%	−655,536	−1.12
≡	AMZN – AMAZON COM INC	Reduce 22.00%	−1,096,811	−1.10
≡	MSFT – MICROSOFT CORP	Add 7.00%	102,398	1.08
≡	IBKR – INTERACTIVE BROKERS GROUP IN	Add 11.00%	309,673	0.83
≡	CVE – CENOVUS ENERGY INC	Reduce 26.00%	−3,644,951	−0.65
≡	V – VISA INC	Reduce 7.00%	−181,208	−0.61
≡	CRH – CRH PLC	Reduce 7.00%	−295,084	−0.55
≡	SN – SHARKNINJA INC	Buy	657,047	0.50
≡	MA – MASTERCARD INCORPORATED	Add 12.00%	46,480	0.13
≡	IBN – ICICI BANK LIMITED	Reduce 9.00%	−522,571	0.06
≡	META – META PLATFORMS INC	Reduce 7.00%	−101,472	0.06
Q1 2024filed May 13, 243 new6 added9 reduced3 exited
≡	GEHC – GE HEALTHCARE TECHNOLOGIES I	Add 149.00%	5,210,342	4.72
≡	IBKR – INTERACTIVE BROKERS GROUP IN	Buy	2,823,697	3.05
≡	V – VISA INC	Reduce 25.00%	−933,144	−2.97
≡	HDB – HDFC BANK LTD	Sell	−2,823,924	−2.05
≡	SLB – SCHLUMBERGER LTD	Sell	−3,295,155	−1.86
≡	IBN – ICICI BANK LIMITED	Reduce 51.00%	−6,256,660	−1.63
≡	GOOG – ALPHABET INC	Reduce 28.00%	−972,954	−1.62
≡	XYZ – BLOCK INC	Buy	1,900,407	1.55
≡	APG – API GROUP CORP	Buy	4,079,597	1.55
≡	ACGL – ARCH CAP GROUP LTD	Add 70.00%	1,403,616	1.43
≡	MSFT – MICROSOFT CORP	Reduce 19.00%	−333,900	−1.37
≡	BKNG – BOOKING HOLDINGS INC	Reduce 25.00%	−26,982	−1.31
≡	CP – CANADIAN PACIFIC KANSAS CITY	Reduce 13.00%	−1,448,339	−1.28
≡	AMZN – AMAZON COM INC	Add 7.00%	342,982	1.05
≡	CRH – CRH PLC	Add 25.00%	842,172	0.99
≡	RYDAF – SHELL PLC	Sell	−1,173,260	−0.84
≡	RNR – RENAISSANCERE HLDGS LTD	Add 13.00%	217,284	0.74
≡	MA – MASTERCARD INCORPORATED	Reduce 30.00%	−161,911	−0.74
≡	CNI – CANADIAN NATL RY CO	Add 13.00%	697,980	0.42
≡	GE – GENERAL ELECTRIC CO	Reduce 22.00%	−931,163	−0.23
≡	META – META PLATFORMS INC	Reduce 20.00%	−359,908	−0.14

Hist

Stock

Activity

Share change

% change to portfolio

Q1 2026filed May 13, 267 new7 added8 reduced6 exited

≡

AMZN – AMAZON COM INC

Reduce 60.00%

−3,529,162

−9.32

≡

MSFT – MICROSOFT CORP

Sell

−1,748,656

−9.19

≡

GOOG – ALPHABET INC

Add 221.00%

2,380,881

7.34

≡

LIN – LINDE PLC

Buy

1,068,371

5.88

≡

BSX – BOSTON SCIENTIFIC CORP

Sell

−5,385,084

−5.58

≡

COF – CAPITAL ONE FINL CORP

Sell

−2,069,130

−5.45

≡

NVDA – NVIDIA CORPORATION

Buy

2,675,018

5.18

≡

DIS – DEVON ENERGY CORP NEW

Buy

6,525,140

3.64

≡

MCO – MOODYS CORP

Add 100.00%

772,261

3.19

≡

CNQ – CANADIAN NAT RES LTD MED TER

Buy

5,690,211

3.07

≡

WYNN – WYNN RESORTS LTD

Sell

−2,069,751

−2.71

≡

VMC – VULCAN MATLS CO

Add 84.00%

809,043

2.37

≡

STX – SEAGATE TECHNOLOGY HLDNGS PL

Sell

−729,325

−2.18

≡

MDLN – MEDLINE INC

Buy

4,365,802

2.16

≡

APH – AMPHENOL CORP

Reduce 23.00%

−836,558

−1.42

≡

UBER – UBER TECHNOLOGIES INC

Add 74.00%

1,971,191

1.33

≡

V – VISA INC

Add 26.00%

839,971

1.32

≡

ACGL – ARCH CAP GROUP LTD

Buy

1,116,922

1.19

≡

LPLA – LPL FINL HLDGS INC

Sell

−254,813

−0.99

≡

AWI – ARMSTRONG WORLD INDS INC NEW

Buy

448,036

0.82

≡

FERG – FERGUSON ENTERPRISES INC

Reduce 37.00%

−374,056

−0.80

≡

LAMR – LAMAR ADVERTISING CO

Add 51.00%

366,661

0.54

≡

CRS – CARPENTER TECHNOLOGY CORP

Reduce 14.00%

−222,092

0.51

≡

RNR – RENAISSANCERE HLDGS LTD

Reduce 35.00%

−173,318

−0.45

≡

EMBJ – EMBRAER S.A.

Reduce 9.00%

−302,909

−0.33

≡

IBKR – INTERACTIVE BROKERS GROUP IN

Reduce 10.00%

−664,402

−0.18

≡

NYT – NEW YORK TIMES CO MTN BE

Reduce 31.00%

−438,119

−0.16

≡

CRH – CRH PLC

Add 22.00%

498,271

0.15

Q4 2025filed Feb 11, 268 new5 added3 reduced9 exited

≡

PGR – PROGRESSIVE CORP

Sell

−2,588,638

−6.74

≡

AMZN – AMAZON COM INC

Add 45.00%

1,839,247

5.40

≡

MCO – MOODYS CORP

Buy

773,409

4.29

≡

META – META PLATFORMS INC

Sell

−541,167

−4.19

≡

V – VISA INC

Add 37.00%

887,626

3.89

≡

FLUT – FLUTTER ENTMT PLC

Sell

−1,412,018

−3.78

≡

FERG – FERGUSON ENTERPRISES INC

Reduce 61.00%

−1,591,910

−3.72

≡

GOOG – ALPHABET INC

Buy

1,078,768

3.68

≡

ACGL – ARCH CAP GROUP LTD

Sell

−3,507,882

−3.36

≡

VMC – VULCAN MATLS CO

Buy

960,173

2.98

≡

WYNN – WYNN RESORTS LTD

Buy

2,069,751

2.71

≡

UBER – UBER TECHNOLOGIES INC

Buy

2,681,172

2.38

≡

CRH – CRH PLC

Reduce 47.00%

−1,999,786

−2.32

≡

HHH – INTERCONTINENTAL EXCHANGE IN

Sell

−1,036,199

−1.84

≡

STX – SEAGATE TECHNOLOGY HLDNGS PL

Reduce 54.00%

−863,658

−1.78

≡

CRS – CARPENTER TECHNOLOGY CORP

Add 13.00%

178,679

1.76

≡

CP – CANADIAN PACIFIC KANSAS CITY

Sell

−2,026,311

−1.59

≡

RNR – RENAISSANCERE HLDGS LTD

Buy

490,626

1.50

≡

ARMK – ARAMARK

Sell

−3,204,201

−1.30

≡

TRU – TRANSUNION

Sell

−1,465,050

−1.29

≡

NYT – NEW YORK TIMES CO

Buy

1,410,003

1.06

≡

LPLA – LPL FINL HLDGS INC

Buy

254,813

0.99

≡

EMBJ – EMBRAER S.A.

Add 55.00%

1,161,128

0.94

≡

FCNCA – FIRST CTZNS BANCSHARES INC D

Sell

−47,384

−0.89

≡

IBKR – INTERACTIVE BROKERS GROUP IN

Add 11.00%

685,447

0.31

Q3 2025filed Nov 12, 253 new7 added9 reduced4 exited

≡

BSX – BOSTON SCIENTIFIC CORP

Add 224.00%

3,671,548

3.66

≡

GE – GE AEROSPACE

Sell

−1,261,839

−3.33

≡

LPLA – LPL FINL HLDGS INC

Sell

−832,516

−3.20

≡

CP – CANADIAN PACIFIC KANSAS CITY

Reduce 56.00%

−2,530,870

−2.11

≡

AMZN – AMAZON COM INC

Add 21.00%

715,864

1.87

≡

CRS – CARPENTER TECHNOLOGY CORP

Reduce 28.00%

−534,734

−1.85

≡

APH – AMPHENOL CORP NEW

Add 21.00%

654,949

1.78

≡

GOOG – ALPHABET INC

Sell

−965,393

−1.76

≡

V – VISA INC

Add 25.00%

473,058

1.62

≡

EMBJ – EMBRAER S.A.

Buy

2,117,012

1.35

≡

TRU – TRANSUNION

Buy

1,465,050

1.29

≡

FERG – FERGUSON ENTERPRISES INC

Add 16.00%

366,898

1.17

≡

CRH – CRH PLC

Reduce 7.00%

−309,718

1.08

≡

LAMR – LAMAR ADVERTISING CO NEW

Buy

723,857

0.93

≡

CME – CME GROUP INC

Reduce 22.00%

−338,148

−0.93

≡

STX – SEAGATE TECHNOLOGY HLDNGS PL

Reduce 22.00%

−458,451

0.93

≡

FCNCA – FIRST CTZNS BANCSHARES INC D

Reduce 47.00%

−41,626

−0.89

≡

ACGL – ARCH CAP GROUP LTD

Reduce 17.00%

−733,084

−0.60

≡

COF – CAPITAL ONE FINL CORP

Reduce 11.00%

−255,803

−0.44

≡

MA – MASTERCARD INCORPORATED

Add 10.00%

40,109

0.34

≡

BLDR – BUILDERS FIRSTSOURCE INC

Sell

−262,628

−0.31

≡

ARMK – ARAMARK

Add 13.00%

374,656

0.08

≡

IBKR – INTERACTIVE BROKERS GROUP IN

Reduce 22.00%

−1,802,710

−0.04

Q2 2025filed Aug 12, 254 new9 added7 reduced6 exited

≡

FISV – FISERV INC

Sell

−2,381,496

−6.07

≡

FERG – FERGUSON ENTERPRISES INC

Buy

2,233,326

4.99

≡

LLY – ELI LILLY & CO

Sell

−492,808

−4.70

≡

MSFT – MICROSOFT CORP

Add 39.00%

515,533

3.66

≡

COF – CAPITAL ONE FINL CORP

Add 162.00%

1,441,983

3.25

≡

V – VISA INC

Add 99.00%

951,330

3.08

≡

STX – SEAGATE TECHNOLOGY HLDNGS PL

Buy

2,051,434

3.04

≡

APH – AMPHENOL CORP NEW

Add 80.00%

1,405,850

1.88

≡

IBN – ICICI BANK LIMITED

Sell

−5,031,304

−1.83

≡

BSX – BOSTON SCIENTIFIC CORP

Buy

1,640,956

1.81

≡

AMZN – AMAZON COM INC

Reduce 21.00%

−884,482

−1.76

≡

FLUT – FLUTTER ENTMT PLC

Reduce 34.00%

−743,883

−1.36

≡

GOOG – ALPHABET INC

Reduce 42.00%

−700,315

−1.25

≡

IBKR – INTERACTIVE BROKERS GROUP IN

Add 339.00%

6,222,875

1.08

≡

HHH – HOWARD HUGHES HOLDINGS INC

Sell

−1,196,288

−1.02

≡

CME – CME GROUP INC

Reduce 12.00%

−207,258

−0.99

≡

MLM – MARTIN MARIETTA MATLS INC

Sell

−165,338

−0.91

≡

FCNCA – FIRST CTZNS BANCSHARES INC N

Reduce 29.00%

−35,763

−0.88

≡

HDB – HDFC BANK LTD

Sell

−1,116,493

−0.86

≡

META – META PLATFORMS INC

Reduce 26.00%

−191,160

−0.76

≡

ARMK – ARAMARK

Add 36.00%

754,419

0.39

≡

CP – CANADIAN PACIFIC KANSAS CITY

Add 9.00%

391,636

0.33

≡

BLDR – BUILDERS FIRSTSOURCE INC

Buy

262,628

0.31

≡

GE – GE AEROSPACE

Reduce 16.00%

−235,515

−0.13

≡

MA – MASTERCARD INCORPORATED

Add 10.00%

39,825

0.02

≡

CRH – CRH PLC

Add 8.00%

339,328

0.01

Q1 2025filed May 6, 252 new13 added6 reduced5 exited

≡

GEHC – GE HEALTHCARE TECHNOLOGIES I

Sell

−4,572,382

−4.13

≡

CRS – CARPENTER TECHNOLOGY CORP

Buy

1,819,885

3.80

≡

RNR – RENAISSANCERE HLDGS LTD

Sell

−1,294,662

−3.73

≡

AMZN – AMAZON COM INC

Add 75.00%

1,813,724

3.16

≡

MSFT – MICROSOFT CORP

Reduce 24.00%

−429,476

−2.82

≡

CME – CME GROUP INC

Add 79.00%

765,773

2.71

≡

CP – CANADIAN PACIFIC KANSAS CITY

Reduce 41.00%

−2,911,090

−2.55

≡

LPLA – LPL FINL HLDGS INC

Add 238.00%

613,555

2.32

≡

LLY – ELI LILLY & CO

Add 75.00%

211,827

2.19

≡

EMBJ – EMBRAER S.A.

Sell

−3,634,426

−1.54

≡

COF – CAPITAL ONE FINL CORP

Reduce 43.00%

−673,836

−1.38

≡

APH – AMPHENOL CORP NEW

Buy

1,762,623

1.33

≡

LAD – LITHIA MTRS INC

Sell

−316,845

−1.31

≡

GE – GE AEROSPACE

Reduce 38.00%

−907,203

−1.18

≡

HHH – INTERCONTINENTAL EXCHANGE IN

Add 50.00%

368,112

0.93

≡

V – VISA INC

Add 11.00%

96,117

0.72

≡

BKNG – BOOKING HOLDINGS INC

Sell

−12,235

−0.70

≡

HHH – HOWARD HUGHES HOLDINGS INC

Add 169.00%

752,325

0.63

≡

ACGL – ARCH CAP GROUP LTD

Add 8.00%

337,245

0.54

≡

META – META PLATFORMS INC

Reduce 7.00%

−58,987

−0.49

≡

MLM – MARTIN MARIETTA MATLS INC

Add 101.00%

83,062

0.42

≡

IBN – ICICI BANK LIMITED

Reduce 21.00%

−1,354,572

−0.38

≡

ARMK – ARAMARK

Add 79.00%

916,054

0.33

≡

GOOG – ALPHABET INC

Add 13.00%

186,203

−0.26

≡

FCNCA – FIRST CTZNS BANCSHARES INC N

Add 22.00%

22,257

0.16

≡

FLUT – FLUTTER ENTMT PLC

Add 17.00%

316,411

−0.00

Q4 2024filed Feb 10, 258 new3 added13 reduced8 exited

≡

COF – CAPITAL ONE FINL CORP

Buy

1,565,495

3.23

≡

CME – CME GROUP INC

Buy

964,421

2.59

≡

UBER – UBER TECHNOLOGIES INC

Sell

−3,380,958

−2.56

≡

LLY – ELI LILLY & CO

Buy

280,981

2.51

≡

GOOG – ALPHABET INC

Reduce 55.00%

−1,784,517

−2.25

≡

FCNCA – FIRST CTZNS BANCSHARES INC N

Reduce 59.00%

−146,291

−2.12

≡

BKNG – BOOKING HOLDINGS INC

Reduce 81.00%

−52,077

−2.03

≡

GEV – GE VERNOVA INC

Sell

−597,858

−1.54

≡

RNR – RENAISSANCERE HLDGS LTD

Reduce 32.00%

−599,750

−1.48

≡

LAD – LITHIA MTRS INC

Buy

316,845

1.31

≡

HHH – INTERCONTINENTAL EXCHANGE IN

Buy

733,307

1.26

≡

GEHC – GE HEALTHCARE TECHNOLOGIES I

Reduce 20.00%

−1,107,639

−1.25

≡

IBN – ICICI BANK LIMITED

Add 61.00%

2,422,251

1.01

≡

IBKR – INTERACTIVE BROKERS GROUP IN

Reduce 45.00%

−1,534,340

−0.98

≡

LPLA – LPL FINL HLDGS INC

Buy

257,710

0.97

≡

HLT – HILTON WORLDWIDE HLDGS INC

Sell

−405,318

−0.94

≡

GE – GE AEROSPACE

Add 23.00%

447,738

0.91

≡

FSLR – FIRST SOLAR INC

Sell

−348,161

−0.88

≡

CP – CANADIAN PACIFIC KANSAS CITY

Reduce 10.00%

−779,026

−0.86

≡

FISV – FISERV INC

Reduce 10.00%

−253,886

0.85

≡

HDB – HDFC BANK LTD

Buy

1,140,511

0.84

≡

MA – MASTERCARD INCORPORATED

Reduce 39.00%

−245,978

−0.80

≡

ACGL – ARCH CAP GROUP LTD

Add 26.00%

816,750

0.68

≡

MLM – MARTIN MARIETTA MATLS INC

Reduce 60.00%

−122,398

−0.62

≡

VRTX – VERTEX PHARMACEUTICALS INC

Sell

−124,045

−0.58

≡

META – META PLATFORMS INC

Reduce 22.00%

−227,047

−0.51

≡

AAPL – APPLE INC

Sell

−201,738

−0.47

≡

CB – CHUBB LIMITED

Sell

−148,764

−0.43

≡

HHH – HOWARD HUGHES HOLDINGS INC

Buy

443,963

0.39

≡

AMZN – AMAZON COM INC

Reduce 22.00%

−659,947

0.34

≡

SN – SHARKNINJA INC

Sell

−177,193

−0.19

≡

V – VISA INC

Reduce 27.00%

−317,207

−0.12

Q3 2024filed Nov 5, 246 new7 added14 reduced2 exited

≡

CNI – CANADIAN NATL RY CO

Sell

−4,066,666

−4.85

≡

PGR – PROGRESSIVE CORP

Add 83.00%

1,282,516

4.00

≡

V – VISA INC

Reduce 54.00%

−1,374,073

−3.49

≡

FLUT – FLUTTER ENTMT PLC

Add 74.00%

774,266

2.43

≡

CVE – CENOVUS ENERGY INC

Sell

−10,322,992

−2.05

≡

AMZN – AMAZON COM INC

Reduce 21.00%

−827,315

−1.83

≡

BKNG – BOOKING HOLDINGS INC

Reduce 42.00%

−46,815

−1.71

≡

EMBJ – EMBRAER S.A.

Buy

3,707,524

1.32

≡

MA – MASTERCARD INCORPORATED

Add 50.00%

212,131

1.28

≡

UBER – UBER TECHNOLOGIES INC

Add 89.00%

1,595,839

1.25

≡

CRH – CRH PLC

Add 12.00%

475,305

1.15

≡

MLM – MARTIN MARIETTA MATLS INC

Buy

204,674

1.11

≡

IBKR – INTERACTIVE BROKERS GROUP IN

Add 8.00%

249,143

0.88

≡

META – META PLATFORMS INC

Reduce 23.00%

−311,176

−0.88

≡

MSFT – MICROSOFT CORP

Add 15.00%

230,587

0.75

≡

FSLR – FIRST SOLAR INC

Reduce 51.00%

−361,677

−0.74

≡

VRTX – VERTEX PHARMACEUTICALS INC

Buy

124,045

0.58

≡

CP – CANADIAN PACIFIC KANSAS CITY

Reduce 15.00%

−1,380,900

−0.56

≡

FISV – FISERV INC

Reduce 6.00%

−158,255

0.56

≡

AAPL – APPLE INC

Buy

201,738

0.47

≡

ARMK – ARAMARK

Buy

1,182,142

0.46

≡

CB – CHUBB LIMITED

Buy

148,764

0.43

≡

IBN – ICICI BANK LIMITED

Reduce 28.00%

−1,577,354

−0.42

≡

GEHC – GE HEALTHCARE TECHNOLOGIES I

Reduce 23.00%

−1,677,864

−0.41

≡

SN – SHARKNINJA INC

Reduce 73.00%

−479,854

−0.30

≡

FCNCA – FIRST CTZNS BANCSHARES INC N

Reduce 12.00%

−34,421

−0.19

≡

GEV – GE VERNOVA INC

Reduce 24.00%

−186,650

0.18

≡

HLT – HILTON WORLDWIDE HLDGS INC

Reduce 18.00%

−88,231

−0.14

≡

GE – GE AEROSPACE

Reduce 18.00%

−416,456

−0.09

Q2 2024filed Aug 13, 246 new5 added12 reduced2 exited

≡

PGR – PROGRESSIVE CORP

Buy

1,541,378

3.23

≡

CNI – CANADIAN NATL RY CO

Reduce 32.00%

−1,939,582

−2.79

≡

GOOG – ALPHABET INC

Add 30.00%

750,358

2.34

≡

FLUT – FLUTTER ENTMT PLC

Buy

1,041,284

1.92

≡

GE – GE AEROSPACE

Reduce 30.00%

−998,532

−1.91

≡

GEHC – GE HEALTHCARE TECHNOLOGIES I

Reduce 15.00%

−1,348,969

−1.86

≡

FSLR – FIRST SOLAR INC

Buy

709,838

1.62

≡

BKNG – BOOKING HOLDINGS INC

Add 37.00%

30,306

1.61

≡

HLT – HILTON WORLDWIDE HLDGS INC

Reduce 61.00%

−788,157

−1.55

≡

XYZ – BLOCK INC

Sell

−1,900,407

−1.55

≡

APG – API GROUP CORP

Sell

−4,079,597

−1.55

≡

GEV – GE VERNOVA INC

Buy

784,508

1.36

≡

UBER – UBER TECHNOLOGIES INC

Buy

1,785,119

1.31

≡

CP – CANADIAN PACIFIC KANSAS CITY

Reduce 7.00%

−715,316

−1.14

≡

FISV – FISERV INC

Reduce 19.00%

−655,536

−1.12

≡

AMZN – AMAZON COM INC

Reduce 22.00%

−1,096,811

−1.10

≡

MSFT – MICROSOFT CORP

Add 7.00%

102,398

1.08

≡

IBKR – INTERACTIVE BROKERS GROUP IN

Add 11.00%

309,673

0.83

≡

CVE – CENOVUS ENERGY INC

Reduce 26.00%

−3,644,951

−0.65

≡

V – VISA INC

Reduce 7.00%

−181,208

−0.61

≡

CRH – CRH PLC

Reduce 7.00%

−295,084

−0.55

≡

SN – SHARKNINJA INC

Buy

657,047

0.50

≡

MA – MASTERCARD INCORPORATED

Add 12.00%

46,480

0.13

≡

IBN – ICICI BANK LIMITED

Reduce 9.00%

−522,571

0.06

≡

META – META PLATFORMS INC

Reduce 7.00%

−101,472

0.06

Q1 2024filed May 13, 243 new6 added9 reduced3 exited

≡

GEHC – GE HEALTHCARE TECHNOLOGIES I

Add 149.00%

5,210,342

4.72

≡

IBKR – INTERACTIVE BROKERS GROUP IN

Buy

2,823,697

3.05

≡

V – VISA INC

Reduce 25.00%

−933,144

−2.97

≡

HDB – HDFC BANK LTD

Sell

−2,823,924

−2.05

≡

SLB – SCHLUMBERGER LTD

Sell

−3,295,155

−1.86

≡

IBN – ICICI BANK LIMITED

Reduce 51.00%

−6,256,660

−1.63

≡

GOOG – ALPHABET INC

Reduce 28.00%

−972,954

−1.62

≡

XYZ – BLOCK INC

Buy

1,900,407

1.55

≡

APG – API GROUP CORP

Buy

4,079,597

1.55

≡

ACGL – ARCH CAP GROUP LTD

Add 70.00%

1,403,616

1.43

≡

MSFT – MICROSOFT CORP

Reduce 19.00%

−333,900

−1.37

≡

BKNG – BOOKING HOLDINGS INC

Reduce 25.00%

−26,982

−1.31

≡

CP – CANADIAN PACIFIC KANSAS CITY

Reduce 13.00%

−1,448,339

−1.28

≡

AMZN – AMAZON COM INC

Add 7.00%

342,982

1.05

≡

CRH – CRH PLC

Add 25.00%

842,172

0.99

≡

RYDAF – SHELL PLC

Sell

−1,173,260

−0.84

≡

RNR – RENAISSANCERE HLDGS LTD

Add 13.00%

217,284

0.74

≡

MA – MASTERCARD INCORPORATED

Reduce 30.00%

−161,911

−0.74

≡

CNI – CANADIAN NATL RY CO

Add 13.00%

697,980

0.42

≡

GE – GENERAL ELECTRIC CO

Reduce 22.00%

−931,163

−0.23

≡

META – META PLATFORMS INC

Reduce 20.00%

−359,908

−0.14