CIK 914976
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 |
|---|---|---|
| Specialty Retail | 32.12% | 5 |
| Insurance | 25.86% | 3 |
| Commercial Services & Supplies | 18.31% | 3 |
| Transportation Infrastructure | 5.60% | 1 |
| Distributors | 5.43% | 1 |
| Machinery | 4.84% | 1 |
| Construction & Engineering | 3.35% | 1 |
| Entertainment | 3.17% | 1 |
| Diversified Consumer Services | 1.32% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | AZO | AUTOZONE INC | Consumer Discretionary | 11.16% |
| 2 | UNH | UNITEDHEALTH GROUP INC | Financials | 10.25% |
| 3 | PGR | PROGRESSIVE CORP/OH/ | Financials | 9.75% |
| 4 | ROST | ROSS STORES, INC. | Consumer Discretionary | 7.89% |
| 5 | V | VISA INC. | Financials | 7.60% |
| 6 | ORLY | O REILLY AUTOMOTIVE INC | Consumer Discretionary | 6.50% |
| 7 | MA | Mastercard Inc | Financials | 6.01% |
| 8 | ACGL | ARCH CAPITAL GROUP LTD. | Financials | 5.87% |
| 9 | EXPD | EXPEDITORS INTERNATIONAL OF WASHINGTON INC | Industrials | 5.60% |
| 10 | DPZ | DOMINOS PIZZA INC | Consumer Discretionary | 5.43% |
17/17 names classified · sector 100.0% of weight · industry 100.0% · mkt cap 100.0%; 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: 100.0% of book weight (17/17 names). 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 | AZOAUTOZONE INC | 165,033 | $557M | 11.2% | TRIM −6% |
| 2 | UNHUNITEDHEALTH GROUP INC | 1,890,689 | $512M | 10.2% | ADD 14% |
| 3 | PGRPROGRESSIVE CORP | 2,455,384 | $487M | 9.7% | TRIM −3% |
| 4 | ROSTROSS STORES INC | 1,818,806 | $394M | 7.9% | TRIM −33% |
| 5 | VVISA INC | 1,254,973 | $379M | 7.6% | ADD 22% |
| 6 | ORLYOREILLY AUTOMOTIVE INC | 3,513,674 | $324M | 6.5% | TRIM −10% |
| 7 | MAMASTERCARD INCORPORATED | 600,154 | $300M | 6.0% | TRIM −4% |
| 8 | ACGLARCH CAP GROUP LTD | 3,051,421 | $293M | 5.9% | ADD 6% |
| 9 | EXPDEXPEDITORS INTL WASH INC | 1,953,005 | $280M | 5.6% | TRIM −5% |
| 10 | DPZDOMINOS PIZZA INC | 755,140 | $271M | 5.4% | TRIM −4% |
| 11 | CMICUMMINS INC | 448,781 | $241M | 4.8% | TRIM −41% |
| 12 | MCOMOODYS CORP | 538,993 | $235M | 4.7% | TRIM −4% |
| 13 | TJXTJX COS INC NEW | 1,091,160 | $174M | 3.5% | TRIM −7% |
| 14 | NVRNVR INC | 25,419 | $168M | 3.4% | TRIM −5% |
| 15 | DISDISNEY WALT CO | 1,642,724 | $158M | 3.2% | TRIM −3% |
| 16 | FASTFASTENAL CO | 3,309,287 | $154M | 3.1% | TRIM −12% |
| 17 | STRASTRATEGIC ED INC | 792,930 | $66M | 1.3% | TRIM −46% |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| AZOAUTOZONE INC | 170K | 170K | 167K | 172K | 175K | 165K | $557M |
| UNHUNITEDHEALTH GROUP INC | — | — | 1.0M | 1.6M | 1.7M | 1.9M | $512M |
| PGRPROGRESSIVE CORP | 873K | 937K | 924K | 1.6M | 2.5M | 2.5M | $487M |
| ROSTROSS STORES INC | 3.9M | 3.9M | 3.9M | 4.0M | 2.7M | 1.8M | $394M |
| VVISA INC | 934K | 941K | 947K | 983K | 1.0M | 1.3M | $379M |
| ORLYOREILLY AUTOMOTIVE INC | 306K | 288K | 3.9M | 3.8M | 3.9M | 3.5M | $324M |
| MAMASTERCARD INCORPORATED | 557K | 563K | 566K | 594K | 627K | 600K | $300M |
| ACGLARCH CAP GROUP LTD | 2.6M | 2.6M | 2.6M | 2.7M | 2.9M | 3.1M | $293M |
| EXPDEXPEDITORS INTL WASH INC | 1.8M | 1.8M | 1.9M | 1.9M | 2.1M | 2.0M | $280M |
| DPZDOMINOS PIZZA INC | 715K | 717K | 716K | 745K | 785K | 755K | $271M |
| CMICUMMINS INC | 1.0M | 1.1M | 1.1M | 1.1M | 764K | 449K | $241M |
| MCOMOODYS CORP | 511K | 514K | 516K | 537K | 564K | 539K | $235M |
| TJXTJX COS INC NEW | 2.3M | 1.1M | 1.1M | 1.1M | 1.2M | 1.1M | $174M |
| NVRNVR INC | 24K | 24K | 24K | 25K | 27K | 25K | $168M |
| DISDISNEY WALT CO | 1.6M | 1.6M | 1.6M | 1.6M | 1.7M | 1.6M | $158M |
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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