~~18% since 2004
Portfolio value
$45.2B
Positions
10
Top 5 concentration
85%
New buys this quarter
1
| Stock | Move | % of portfolio | Value |
|---|---|---|---|
| $GE GE AEROSPACE | Held | 29.8% | $13.5B |
| $V VISA INC | Added | 20.4% | $9.2B |
| $MCO MOODYS CORP | Added | 13.8% | $6.3B |
| $SPGI S&P GLOBAL INC | Added | 13.2% | $6.0B |
| $CP CANADIAN PACIFIC KANSAS CITY | Held | 8.1% | $3.7B |
| $GOOG ALPHABET INC | Added | 5.6% | $2.5B |
| $FER FERROVIAL SE | Held | 2.9% | $1.3B |
| $CNI CANADIAN NATL RY CO | Held | 2.2% | $1.0B |
| $MSFT MICROSOFT CORP | Trimmed | 2.2% | $1.0B |
| $GOOGL ALPHABET INC | New buy | 1.6% | $707M |
Source: SEC 13F via FMP · Mar 2026 report · 45-day filing delay. Long equity positions only. Not financial advice.