CIK 1037766
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Software | 16.54% | 2 |
| Distributors | 14.05% | 2 |
| Tobacco | 13.57% | 1 |
| Semiconductors & Semiconductor Equipment | 11.75% | 1 |
| Commercial Services & Supplies | 10.69% | 2 |
| Specialty Retail | 7.51% | 1 |
| Capital Markets | 6.71% | 1 |
| Technology Hardware & Equipment | 6.42% | 1 |
| Textiles, Apparel & Luxury Goods | 4.39% | 1 |
| Media & Entertainment | 4.28% | 1 |
| Utilities | 2.66% | 1 |
| Professional Services | 1.43% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | PM | Philip Morris International Inc. | Consumer Staples | 13.57% |
| 2 | TXN | TEXAS INSTRUMENTS INC | Information Technology | 11.75% |
| 3 | MSFT | MICROSOFT CORP | Information Technology | 10.13% |
| 4 | WSO | WATSCO INC | Consumer Discretionary | 9.89% |
| 5 | FAST | FASTENAL CO | Consumer Discretionary | 7.51% |
| 6 | SCHW | SCHWAB CHARLES CORP | Financials | 6.71% |
| 7 | MCO | MOODYS CORP /DE/ | Industrials | 6.62% |
| 8 | TMO | THERMO FISHER SCIENTIFIC INC. | Information Technology | 6.42% |
| 9 | ORCL | ORACLE CORP | Information Technology | 6.41% |
| 10 | CTAS | CINTAS CORP | Consumer Discretionary | 4.39% |
15/15 names classified · sector 100.0% of weight · industry 100.0% · mkt cap 93.3%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 100.0% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 93.3% of book weight (13/15 names) · unclassified 6.7%: BABA, FTS. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | PMPHILIP MORRIS INTL INC | 702,563 | $116M | 13.6% | TRIM −4% |
| 2 | TXNTEXAS INSTRS INC | 518,000 | $101M | 11.7% | HOLD |
| 3 | MSFTMICROSOFT CORP | 234,317 | $87M | 10.1% | HOLD |
| 4 | WSOWATSCO INC | 232,927 | $85M | 9.9% | HOLD |
| 5 | FASTFASTENAL CO | 1,385,112 | $64M | 7.5% | HOLD |
| 6 | SCHWSCHWAB CHARLES CORP | 611,000 | $57M | 6.7% | HOLD |
| 7 | MCOMOODYS CORP | 129,800 | $57M | 6.6% | ADD 9% |
| 8 | TMOTHERMO FISHER SCIENTIFIC INC | 111,767 | $55M | 6.4% | HOLD |
| 9 | ORCLORACLE CORP | 373,100 | $55M | 6.4% | HOLD |
| 10 | CTASCINTAS CORP | 222,000 | $38M | 4.4% | ADD 25% |
| 11 | CHTRCHARTER COMMUNICATIONS INC | 169,700 | $37M | 4.3% | HOLD |
| 12 | POOLPOOL CORP | 175,887 | $36M | 4.2% | HOLD |
| 13 | BABAALIBABA GROUP HLDG LTD | 278,000 | $35M | 4.1% | HOLD |
| 14 | FTSFORTIS INC | 410,000 | $23M | 2.7% | TRIM −10% |
| 15 | PAYXPAYCHEX INC | 133,000 | $12M | 1.4% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| PMPHILIP MORRIS INTL INC | 733K | 733K | 733K | 733K | 733K | 703K | $116M |
| TXNTEXAS INSTRS INC | 461K | 461K | 489K | 518K | 518K | 518K | $101M |
| MSFTMICROSOFT CORP | 253K | 253K | 253K | 253K | 234K | 234K | $87M |
| WSOWATSCO INC | 194K | 194K | 194K | 219K | 233K | 233K | $85M |
| FASTFASTENAL CO | 718K | 718K | 1.4M | 1.4M | 1.4M | 1.4M | $64M |
| SCHWSCHWAB CHARLES CORP | — | — | 501K | 611K | 611K | 611K | $57M |
| MCOMOODYS CORP | 106K | 106K | 119K | 119K | 119K | 130K | $57M |
| TMOTHERMO FISHER SCIENTIFIC INC | 100K | 100K | 112K | 112K | 112K | 112K | $55M |
| ORCLORACLE CORP | 667K | 667K | 629K | 426K | 373K | 373K | $55M |
| CTASCINTAS CORP | — | — | — | — | 177K | 222K | $38M |
| CHTRCHARTER COMMUNICATIONS INC | 141K | 141K | 153K | 153K | 170K | 170K | $37M |
| POOLPOOL CORP | 122K | 129K | 153K | 161K | 176K | 176K | $36M |
| BABAALIBABA GROUP HLDG LTD | 278K | 278K | 278K | 278K | 278K | 278K | $35M |
| FTSFORTIS INC | 527K | 527K | 527K | 457K | 457K | 410K | $23M |
| PAYXPAYCHEX INC | — | — | — | — | 133K | 133K | $12M |
Shares reported each quarter by the largest current holdings. Green = added vs the prior filing of that name, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
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