CIK 1061768
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 |
|---|---|---|
| Distributors | 20.01% | 4 |
| Insurance | 18.88% | 4 |
| Specialty Retail | 12.70% | 1 |
| Hotels, Restaurants & Leisure | 11.67% | 1 |
| Software & IT Services | 9.02% | 2 |
| Road & Rail | 7.31% | 1 |
| Commercial Services & Supplies | 4.14% | 1 |
| Health Care Equipment & Supplies | 3.73% | 1 |
| Construction Materials | 3.31% | 1 |
| Media & Entertainment | 3.07% | 1 |
| Equity Real Estate Investment Trusts (REITs) | 1.74% | 1 |
| Airlines | 1.34% | 1 |
| Marine | 1.33% | 1 |
| Pharmaceuticals & Biotechnology | 0.91% | 1 |
| Machinery | 0.84% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | AMZN | AMAZON COM INC | Consumer Discretionary | 12.70% |
| 2 | QSR | Restaurant Brands International Inc. | Consumer Discretionary | 11.67% |
| 3 | WCC | WESCO INTERNATIONAL INC | Consumer Discretionary | 7.69% |
| 4 | UNP | UNION PACIFIC CORP | Industrials | 7.31% |
| 5 | ELV | Elevance Health, Inc. | Financials | 7.30% |
| 6 | GOOG | Alphabet Inc. | Communication Services | 6.62% |
| 7 | FERG | Ferguson Enterprises Inc. /DE/ | Consumer Discretionary | 6.58% |
| 8 | WTW | WILLIS TOWERS WATSON PLC | Financials | 5.08% |
| 9 | AON | Aon plc | Financials | 4.85% |
| 10 | V | VISA INC. | Financials | 4.14% |
22/22 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: 91.4% of book weight (17/22 names) · unclassified 8.6%: LBTYK, GDS, AERO, PCVX, DNOW. 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 | AMZNAMAZON COM INC | 3,118,754 | $650M | 12.7% | ADD 47% |
| 2 | QSRRESTAURANT BRANDS INTL INC | 8,080,112 | $597M | 11.7% | HOLD |
| 3 | WCCWESCO INTL INC | 1,436,881 | $393M | 7.7% | HOLD |
| 4 | UNPUNION PAC CORP | 1,540,995 | $374M | 7.3% | TRIM −5% |
| 5 | ELVELEVANCE HEALTH INC FORMERLY | 1,275,154 | $373M | 7.3% | HOLD |
| 6 | GOOGALPHABET INC | 1,181,131 | $339M | 6.6% | ADD 9% |
| 7 | FERGFERGUSON ENTERPRISES INC | 1,442,411 | $336M | 6.6% | ADD 27% |
| 8 | WTWWILLIS TOWERS WATSON PLC LTD | 893,126 | $260M | 5.1% | TRIM −34% |
| 9 | AONAON PLC | 769,000 | $248M | 4.9% | NEW |
| 10 | VVISA INC | 701,355 | $212M | 4.1% | NEW |
| 11 | TFXTELEFLEX INCORPORATED | 1,595,000 | $191M | 3.7% | NEW |
| 12 | EXPEAGLE MATLS INC | 892,763 | $169M | 3.3% | TRIM −25% |
| 13 | GPCGENUINE PARTS CO | 1,490,348 | $158M | 3.1% | HOLD |
| 14 | LBTYKLIBERTY GLOBAL LTD | 13,397,247 | $157M | 3.1% | TRIM −36% |
| 15 | HLFHERBALIFE LTD | 9,259,844 | $136M | 2.7% | HOLD |
| 16 | GDSGDS HLDGS LTD | 3,044,818 | $123M | 2.4% | HOLD |
| 17 | COLDAMERICOLD REALTY TRUST INC | 7,780,800 | $89M | 1.7% | ADD 124% |
| 18 | MOHMOLINA HEALTHCARE INC | 633,609 | $84M | 1.7% | HOLD |
| 19 | AEROGRUPO AEROMEXICO SAB DE CV | 4,880,188 | $68M | 1.3% | HOLD |
| 20 | NCLHNORWEGIAN CRUISE LINE HLDGS | 3,630,000 | $68M | 1.3% | NEW |
| 21 | PCVXVAXCYTE INC | 800,000 | $46M | 0.9% | NEW |
| 22 | DNOWDNOW INC | 3,625,000 | $43M | 0.8% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| AMZNAMAZON COM INC | — | — | — | — | 2.1M | 3.1M | $650M |
| QSRRESTAURANT BRANDS INTL INC | 2.9M | 3.9M | 4.0M | 8.3M | 8.1M | 8.1M | $597M |
| WCCWESCO INTL INC | 1.4M | 2.0M | 2.2M | 1.5M | 1.4M | 1.4M | $393M |
| UNPUNION PAC CORP | — | — | — | 1.5M | 1.6M | 1.5M | $374M |
| ELVELEVANCE HEALTH INC FORMERLY | — | 246K | 616K | 1.3M | 1.3M | 1.3M | $373M |
| GOOGALPHABET INC | 1.4M | 2.1M | 2.6M | 1.9M | 1.1M | 1.2M | $339M |
| FERGFERGUSON ENTERPRISES INC | 1.1M | 1.1M | 1.1M | 1.2M | 1.1M | 1.4M | $336M |
| WTWWILLIS TOWERS WATSON PLC LTD | 1.8M | 1.5M | 1.3M | 1.1M | 1.4M | 893K | $260M |
| AONAON PLC | — | — | — | — | — | 769K | $248M |
| VVISA INC | — | — | — | — | — | 701K | $212M |
| TFXTELEFLEX INCORPORATED | — | — | — | — | — | 1.6M | $191M |
| EXPEAGLE MATLS INC | 638K | 910K | 676K | 940K | 1.2M | 893K | $169M |
| GPCGENUINE PARTS CO | 315K | — | — | 1.4M | 1.5M | 1.5M | $158M |
| LBTYKLIBERTY GLOBAL LTD | 39.5M | 24.7M | 24.7M | 21.7M | 20.9M | 13.4M | $157M |
| HLFHERBALIFE LTD | 7.6M | 7.6M | 7.8M | 7.8M | 9.3M | 9.3M | $136M |
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.
