~~13% since 1970
Portfolio value
$3.2B
Positions
33
Top 5 concentration
40%
New buys this quarter
3
| Stock | Move | % of portfolio | Value |
|---|---|---|---|
| $RR.L Rolls-Royce Holdings PLC | Trimmed | 10.8% | $350M |
| $GOOGL Alphabet Inc. | Held | 8.8% | $285M |
| $FWONK LIBERTY MEDIA CORP | Held | 7.2% | $233M |
| $ERF.PA Eurofins Scientific SE | Held | 6.5% | $212M |
| $UMG.AS Universal Music Group N.V | Added | 6.2% | $200M |
| $ICE Intercontinental Exchange Inc | Held | 4.9% | $160M |
| $SCHW The Charles Schwab Corporation | Held | 4.8% | $157M |
| $ELV Elevance Health Inc. | Held | 4.8% | $156M |
| $COF Capital One Financial Corp. | Held | 4.6% | $151M |
| $CSU.TO Constellation Software Inc. | Held | 4.5% | $146M |
| $SUNB Sunbelt Rentals Holdings Inc. | New buy | 4.4% | $142M |
| $TSM Taiwan Semiconductor Manufacturing Co., Ltd. | Trimmed | 4.2% | $137M |
| $MSA MSA Safety Inc. | Held | 3.4% | $110M |
| $ZTS Zoetis Inc. | New buy | 3.3% | $108M |
| $SAP.DE SAP SE | Held | 2.8% | $90M |
| $ALGN Align Technology Inc. | Held | 2.4% | $78M |
| $UNH UnitedHealth Group Inc. | Held | 2.3% | $75M |
| $ACN Accenture PLC | Held | 2.2% | $70M |
| $ICLR Icon PLC | Held | 2.2% | $70M |
| $TECH Bio-Techne Corp | New buy | 2.1% | $68M |
| $SAP SAP SE | Added | 1.3% | $42M |
| $BRK-B Berkshire Hathaway Inc. | Held | 1.2% | $38M |
| $CACC CREDIT ACCEPTANCE CORP | Trimmed | 0.9% | $30M |
| $META Meta Platforms Inc | Trimmed | 0.9% | $30M |
| $CHTR Charter Communications, Inc. | Held | 0.9% | $29M |
| $LBRDK Liberty Broadband Corporation | Trimmed | 0.8% | $26M |
| $AMTM Amentum Holdings, Inc. | Trimmed | 0.6% | $20M |
| $RYCEY Rolls-Royce Holdings PLC | Held | 0.5% | $18M |
| $GLIBK GCI LIBERTY INC | Held | 0.2% | $7M |
| $LBRDA Liberty Broadband Corporation | Trimmed | 0.1% | $3M |
| $FWONA LIBERTY MEDIA CORP | Held | 0.1% | $3M |
| $GLIBA GCI LIBERTY INC | Held | 0.1% | $3M |
| $2299955D Constellation Software Inc. | Held | 0% | $0 |
Notable sell-outs this quarter: $AHT.L
Source: SEC N-PORT via FMP · Mar 2026 report · monthly portfolio, public with a delay. Long equity positions only. Not financial advice.