CIK 1663900
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 |
|---|---|---|
| Commercial Services & Supplies | 26.77% | 5 |
| Specialty Retail | 15.99% | 3 |
| Hotels, Restaurants & Leisure | 9.59% | 1 |
| Software | 9.12% | 1 |
| Transportation Infrastructure | 7.11% | 1 |
| Software & IT Services | 6.03% | 1 |
| Professional Services | 5.04% | 1 |
| Distributors | 5.00% | 1 |
| Entertainment | 4.40% | 1 |
| Technology Hardware & Equipment | 3.72% | 1 |
| Aerospace & Defense | 3.71% | 1 |
| Machinery | 3.52% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | ARMK | Aramark | Consumer Discretionary | 9.59% |
| 2 | SSNC | SS&C Technologies Holdings Inc | Information Technology | 9.12% |
| 3 | WCN | Waste Connections, Inc. | Industrials | 8.86% |
| 4 | OPLN | OPENLANE, Inc. | Consumer Discretionary | 7.48% |
| 5 | VRRM | VERRA MOBILITY Corp | Industrials | 7.11% |
| 6 | FA | FIRST ADVANTAGE CORP | Information Technology | 6.03% |
| 7 | CDW | CDW Corp | Consumer Discretionary | 5.49% |
| 8 | WEX | WEX Inc. | Industrials | 5.27% |
| 9 | HURN | Huron Consulting Group Inc. | Industrials | 5.04% |
| 10 | PFGC | Performance Food Group Co | Consumer Discretionary | 5.00% |
18/18 names classified · sector 100.0% of weight · industry 100.0% · mkt cap 96.3%; 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: 82.8% of book weight (14/18 names) · unclassified 17.2%: FA, LYV, CAE, BOBS. 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 | ARMKARAMARK | 1,398,349 | $57M | 9.6% | ADD 3% |
| 2 | SSNCSS&C TECHNOLOGIES HLDGS INC | 797,849 | $54M | 9.1% | ADD 26% |
| 3 | WCNWASTE CONNECTIONS INC | 322,683 | $52M | 8.9% | NEW |
| 4 | OPLNOPENLANE INC | 1,518,196 | $44M | 7.5% | HOLD |
| 5 | VRRMVERRA MOBILITY CORP | 2,943,917 | $42M | 7.1% | HOLD |
| 6 | FAFIRST ADVANTAGE CORP NEW | 3,032,711 | $36M | 6.0% | ADD 14% |
| 7 | CDWCDW CORP | 268,356 | $32M | 5.5% | ADD 59% |
| 8 | WEXWEX INC | 203,694 | $31M | 5.3% | TRIM −38% |
| 9 | HURNHURON CONSULTING GROUP INC | 233,820 | $30M | 5.0% | TRIM −16% |
| 10 | PFGCPERFORMANCE FOOD GROUP CO | 345,211 | $30M | 5.0% | TRIM −24% |
| 11 | LYVLIVE NATION ENTERTAINMENT IN | 170,661 | $26M | 4.4% | ADD 14% |
| 12 | CBZCBIZ INC | 968,631 | $26M | 4.4% | TRIM −2% |
| 13 | FISFIDELITY NATL INFORMATION SV | 548,860 | $26M | 4.4% | NEW |
| 14 | TRUTRANSUNION | 331,809 | $23M | 3.9% | TRIM −36% |
| 15 | CAECAE INC | 844,393 | $22M | 3.7% | NEW |
| 16 | LMTLOCKHEED MARTIN CORP | 36,270 | $22M | 3.7% | TRIM −72% |
| 17 | SWKSTANLEY BLACK & DECKER INC | 293,036 | $21M | 3.5% | TRIM −32% |
| 18 | BOBSBOBS DISC FURNITURE INC | 1,517,451 | $18M | 3.0% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| ARMKARAMARK | — | — | 1.2M | 817K | 1.4M | 1.4M | $57M |
| SSNCSS&C TECHNOLOGIES HLDGS INC | 536K | — | 484K | 507K | 631K | 798K | $54M |
| WCNWASTE CONNECTIONS INC | — | — | — | — | — | 323K | $52M |
| OPLNOPENLANE INC | 2.7M | 2.3M | 2.3M | 1.5M | 1.5M | 1.5M | $44M |
| VRRMVERRA MOBILITY CORP | 1.4M | 1.9M | 2.1M | 2.3M | 3.0M | 2.9M | $42M |
| FAFIRST ADVANTAGE CORP NEW | 2.3M | 3.4M | 1.6M | 2.4M | 2.7M | 3.0M | $36M |
| CDWCDW CORP | — | — | — | — | 169K | 268K | $32M |
| WEXWEX INC | 179K | 314K | 341K | 308K | 329K | 204K | $31M |
| HURNHURON CONSULTING GROUP INC | 487K | 342K | 378K | 452K | 279K | 234K | $30M |
| PFGCPERFORMANCE FOOD GROUP CO | 912K | 728K | 655K | 463K | 454K | 345K | $30M |
| LYVLIVE NATION ENTERTAINMENT IN | — | — | — | — | 150K | 171K | $26M |
| CBZCBIZ INC | — | — | — | 597K | 989K | 969K | $26M |
| FISFIDELITY NATL INFORMATION SV | 307K | 653K | 552K | — | — | 549K | $26M |
| TRUTRANSUNION | — | — | — | — | 518K | 332K | $23M |
| CAECAE INC | — | — | — | — | — | 844K | $22M |
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.
Where this firm's principals came from and which firms its alumni went on to found.
