Aristotle Capital Management, LLC

Name: Aristotle Capital Management, LLC 13F holdings, Q2 2025
Creator: Aristotle Capital Management, LLC
Published: 2025-08-14

Q2 2026Q1 2026Q4 2025Q3 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Aristotle Capital Management, LLC reported 182 stock positions worth $51.9 billion. Its top holding was Parker Hannifin (PH) at 4.1% of the portfolio, followed by Microsoft (MSFT, 3.7%) and Capital One Financial (COF, 3.2%). Compared with Q1 2025, it opened 6 new positions, sold out of 5, added to 49 and reduced 98. The biggest buy was a new position in Uber Technologies (UBER) and the biggest sale Xylem (XYL, shares −100%).

Most Recent 13F: Q2 2026
Location: LOS ANGELES, CA
CIK: 0000860644
Portfolio Value: $51.9B (Q2 2025)
SEC Filing: 0001398344-25-015402 ↗ filed Aug 14, 2025

Holdings Value

Holdings 182 stocks · $51.9B


PH Parker Hannifin Corp.	4.09%	3,039,334	$2.1B	Reduce -1.8%
MSFT Microsoft Corp.	3.68%	3,836,291	$1.9B	Reduce -3.4%
COF Capital One Financial Corp.	3.18%	7,760,720	$1.7B	Reduce -0.1%
CTVA Corteva Inc.	3.16%	22,014,122	$1.6B	Reduce -2.8%
WSM Williams-Sonoma Inc.	2.88%	9,145,444	$1.5B	Reduce -0.1%
AMP Ameriprise Financial Inc.	2.62%	2,547,591	$1.4B	Reduce -19.5%
SONY Sony Group Corp. - SP ADR	2.47%	49,185,490	$1.3B	Reduce -2.1%
MLM Martin Marietta Materials	2.41%	2,275,539	$1.2B	Reduce -2.7%
ATO Atmos Energy Corp.	2.26%	7,620,693	$1.2B	Reduce -2.3%
ECL Ecolab Inc.	2.21%	4,264,842	$1.1B	Reduce -2.3%
QCOM Qualcomm Inc.	2.13%	6,951,785	$1.1B	Reduce -1.2%
UBER Uber Technologies Inc.	2.13%	11,836,160	$1.1B	New
GOOG Alphabet Inc. Class C	2.07%	6,050,596	$1.1B	Reduce -1.4%
LEN Lennar Corp. Class A	2.06%	9,680,891	$1.1B	Reduce -0.8%
AIG American International Group	1.99%	12,088,882	$1.0B	Reduce -2.0%
AMGN Amgen Inc.	1.95%	3,627,627	$1.0B	Reduce -2.0%
KO The Coca-Cola Co.	1.95%	14,302,928	$1.0B	Reduce -2.4%
USB US Bancorp	1.90%	21,818,498	$987.3M	Reduce -1.9%
ADBE Adobe Inc.	1.89%	2,537,046	$981.6M	Reduce -0.8%
ALC Alcon Inc. filed as ALCON AG	1.88%	11,075,447	$977.8M	Reduce -9.4%
MCHP Microchip Technology Inc.	1.86%	13,757,278	$968.1M	Reduce -2.2%
TDY Teledyne Technologies Inc.	1.86%	1,884,810	$965.7M	Reduce -1.1%
RPM RPM International Inc.	1.81%	8,576,005	$942.0M	Reduce -2.1%
VZ Verizon Communications Inc.	1.80%	21,567,077	$933.2M	Reduce -1.8%
AWK American Water Works Co. Inc.	1.76%	6,586,175	$916.2M	Reduce -1.8%
BX Blackstone Inc.	1.74%	6,041,513	$903.7M	Reduce -1.9%
PNC PNC Financial Services Group	1.73%	4,814,342	$897.5M	Reduce -1.5%
XEL Xcel Energy Inc.	1.69%	12,897,653	$878.3M	Reduce -1.6%
PG The Procter & Gamble Co.	1.67%	5,427,996	$864.8M	Reduce -1.9%
APD Air Products & Chemicals Inc.	1.65%	3,034,325	$855.9M	Reduce -2.7%
CTRA Coterra Energy Inc.	1.59%	32,565,168	$826.5M	Reduce -1.7%
LOW Lowe's Cos Inc.	1.58%	3,702,232	$821.4M	Reduce -1.5%
MUFG Mitsubishi Ufj Finl-Spon ADR	1.58%	59,618,994	$818.0M	Reduce -1.6%
DHR Danaher Corp.	1.57%	4,122,950	$814.5M	Reduce -1.4%
GD General Dynamics Corp.	1.56%	2,776,090	$809.7M	Reduce -3.0%
SNPS Synopsys Inc.	1.56%	1,578,615	$809.3M	Add +500.6%
TTE Totalenergies SE -Spon ADR	1.52%	12,896,271	$791.7M	Reduce -2.0%
CFR Cullen/Frost Bankers Inc.	1.39%	5,598,812	$719.7M	Reduce -1.1%
OSK Oshkosh Corp.	1.30%	5,964,994	$677.3M	Reduce -1.9%
MDT Medtronic PLC	1.29%	7,684,950	$669.9M	Reduce -1.2%
MRK Merck & Co. Inc.	1.24%	8,135,552	$644.0M	Reduce -3.9%
ELS Equity Lifestyle Properties	1.18%	9,918,411	$611.7M	Reduce -2.8%
STZ Constellation Brands Inc. Class A	0.89%	2,834,029	$461.1M	Reduce -2.1%
WFC Wells Fargo & Co.	0.82%	5,345,741	$428.3M	Add +890856.8%
CBSH Commerce Bancshares Inc.	0.78%	6,479,179	$402.8M	Reduce -22.7%
ANSS Ansys Inc.	0.61%	902,105	$316.9M	Reduce -70.5%
BN Brookfield Corp.	0.53%	4,486,802	$277.3M	Reduce -0.1%
CCEP Coca-Cola Europacific Partne	0.35%	1,974,046	$183.0M	Reduce -0.1%
BAP Credicorp Ltd.	0.35%	807,791	$180.6M	Reduce -0.0%
Brookfield Corp	0.33%	2,303,751	$170.7M	Add +25996.0%
CCJ Cameco Corp.	0.31%	2,145,237	$159.2M	Reduce -52.1%
ACN Accenture PLC Class A	0.30%	523,133	$156.4M	Add +0.5%
TT Trane Technologies PLC	0.29%	346,555	$151.6M	No change
EBKDY Erste Group Bank AG-Spon ADR	0.29%	3,505,038	$148.8M	Reduce -2.8%
NEMTF Nemetschek SE	0.28%	1,009,921	$145.8M	Add +2.9%
SNEJF Sony Group Corp.	0.28%	5,547,050	$143.2M	Add +2.6%
ING ING Groep N.V.-Sponsored ADR	0.28%	6,537,283	$143.0M	Reduce -3.1%
SAFRY Safran SA-Unspon ADR	0.27%	1,701,488	$137.8M	Reduce -2.6%
MONOF Monotaro Co. Ltd.	0.25%	6,529,400	$128.6M	Add +2.5%
MURGF Muenchener Rueckver AG-Reg	0.25%	197,474	$127.6M	Add +2.2%
DQJCY Pan Pacific Intern-Unsp ADR	0.24%	3,657,883	$125.6M	Reduce -2.5%
DQJCF Pan Pacific International Ho	0.24%	3,631,300	$124.7M	Add +2.6%
DBSDF DBS Group Holdings Ltd.	0.22%	3,267,106	$115.2M	Add +1.2%
MONOY Monotaro Co. Ltd. - Unsp ADR	0.22%	5,828,707	$114.8M	Reduce -2.4%
MS Morgan Stanley	0.22%	795,487	$112.1M	No change
SAFRF Safran SA	0.22%	345,927	$112.0M	Add +2.7%
EBKOF Erste Group Bank AG	0.21%	1,288,074	$109.3M	Add +2.9%
IR Ingersoll-Rand Inc.	0.21%	1,310,366	$109.0M	Reduce -0.1%
DBSDY DBS Group Holdings-Spon ADR	0.21%	761,667	$107.5M	Reduce -2.5%
MURGY Muenchener Rueck-Unspon ADR filed as MUNICH RE GROUP UNSPONSORED ADR	0.20%	8,213,780	$106.2M	Reduce -2.8%
CVX Chevron Corp.	0.18%	663,385	$95.0M	No change
RHHBY Roche Holdings Ltd.-Spons ADR	0.17%	2,206,005	$89.8M	Reduce -2.9%
SPY SS SPDR S&P 500 ETF Trust-US	0.17%	140,644	$86.9M	Add +24.3%
MGDDY Michelin (cgde)-Unspon ADR	0.17%	4,654,132	$86.2M	Reduce -2.8%
HLN Haleon PLC-ADR	0.16%	8,195,437	$85.0M	Reduce -2.9%
ALCON AG	0.16%	961,190	$84.8M	Add +15856.0%
ASHTY Ashtead Group PLC-Unspon ADR	0.16%	328,320	$84.7M	Reduce -1.2%
FRCOY Fast Retailing Co.-Unspon ADR	0.16%	2,449,936	$84.0M	Reduce -0.8%
OTSKY Otsuka Holdings Co. Ltd.- Unsp	0.16%	3,313,340	$82.0M	Reduce -2.6%
EXPGY Experian PLC-Spons ADR	0.15%	1,558,752	$80.1M	Reduce -2.4%
ROCHE HOLDING AG-GENUSSCHEIN	0.15%	237,399	$77.1M	Add +3.2%
TTE Totalenergies SE	0.15%	1,255,165	$76.8M	Add +3.0%
ASAZY Assa Abloy AB - Unsp ADR	0.14%	4,754,493	$73.6M	Reduce -2.5%
DSFIY DSM-Firmenich AG-SP ADR	0.14%	6,770,645	$72.4M	Reduce -2.2%
ASHTF Ashtead Group PLC	0.14%	1,128,132	$72.2M	Add +1.9%
OTSKF Otsuka Holdings Co. Ltd.	0.14%	1,420,500	$70.3M	Add +1.7%
HLNCF Haleon PLC	0.13%	13,631,427	$69.9M	Add +1.7%
FRCOF Fast Retailing Co. Ltd.	0.13%	197,486	$67.7M	Add +3.2%
EXPGF Experian PLC	0.12%	1,254,427	$64.5M	Add +1.9%
ASAZF Assa Abloy AB-B	0.12%	2,057,113	$63.7M	Add +1.5%
SYIEY Symrise AG-Unspon ADR	0.12%	2,413,830	$63.2M	Reduce -2.3%
GSK GSK PLC-Spon ADR	0.12%	1,631,052	$62.6M	Reduce -2.6%
UL Unilever PLC	0.12%	1,003,664	$61.4M	Reduce -2.3%
DKILF Daikin Industries Ltd.	0.12%	511,700	$60.3M	Add +1.4%
GLAXF GSK PLC	0.12%	3,152,006	$60.0M	Add +2.2%
MGDDF Michelin (cgde) filed as CIE GENERALE DES ETABLISSEMENTS MICHELIN SCA	0.11%	1,562,202	$57.8M	Add +1.4%
AAIGF Aia Group Ltd.	0.11%	6,440,825	$57.8M	Add +1.1%
DEO Diageo PLC-Sponsored ADR	0.11%	571,537	$57.6M	Add +0.6%
AKZOY Akzo Nobel NV-Spon ADR	0.11%	2,398,629	$55.8M	Reduce -2.7%
HEINY Heineken NV-SPN ADR	0.11%	1,270,381	$55.2M	Reduce -3.0%
LVMHF LVMH Moet Hennessy Louis Vui	0.11%	105,784	$55.2M	Add +2.4%
HINKF Heineken NV	0.11%	634,004	$55.1M	Add +0.7%
FANUY Fanuc Corp.-Unsp ADR	0.11%	4,014,963	$54.7M	Reduce -3.4%
DSMFF DSM-Firmenich AG	0.10%	507,308	$53.8M	Add +0.9%
DKILY Daikin Industries-Unspon ADR	0.10%	4,434,275	$52.3M	Reduce -2.0%
RKLIF Rentokil Initial PLC	0.10%	10,807,404	$52.1M	Add +1.6%
AAGIY Aia Group Ltd.-SP ADR	0.10%	1,430,763	$51.4M	Reduce -2.7%
SYIEF Symrise AG	0.10%	483,403	$50.6M	Add +0.5%
DGEAF Diageo PLC	0.10%	2,004,501	$50.2M	Add +3.2%
LVMUY LVMH Moet Hennessy-Unsp ADR	0.09%	471,811	$49.3M	Reduce -4.9%
FANUF Fanuc Corp.	0.09%	1,788,825	$48.8M	Add +3.6%
AMDUF Amundi SA	0.09%	580,610	$46.8M	Add +0.5%
UNILEVER PLC	0.09%	761,884	$46.3M	New
RTO Rentokil Initial PLC-SP ADR	0.09%	1,917,331	$46.0M	Add +1.7%
Samsung Electronics Co Ltd	0.09%	1,029,938	$45.6M	New
KUBTY Kubota Corp.-Spons ADR	0.08%	712,156	$40.0M	Reduce -2.7%
AKZOF Akzo Nobel N.V.	0.07%	530,633	$37.0M	Add +0.8%
FCFS Firstcash Holdings Inc.	0.07%	251,174	$33.9M	Add +1.3%
NJDCY Nidec Corporation-Spon ADR	0.06%	6,272,443	$30.5M	Reduce -3.2%
NNDNF Nidec Corp.	0.05%	1,389,824	$27.0M	Add +1.4%
TCNRF Tokyo Century Corp.	0.05%	2,341,400	$26.3M	Add +0.2%
EFA iShares MSCI Eafe ETF	0.05%	284,157	$25.4M	Reduce -14.2%
KUBTF Kubota Corp.	0.05%	2,136,910	$24.0M	Add +2.3%
DLB Dolby Laboratories Inc. Class A	0.04%	253,197	$18.8M	Add +1.5%
ITW Illinois Tool Works	0.03%	73,086	$18.1M	Reduce -0.6%
JAZZ Jazz Pharmaceuticals PLC	0.03%	165,570	$17.6M	Add +4.2%
MBFJF Mitsubishi Ufj Financial Gro	0.03%	1,246,400	$17.1M	Add +5.0%
NCLH Norwegian Cruise Line Holdin	0.03%	725,961	$14.7M	Add +6.2%
ABBV Abbvie Inc.	0.02%	66,907	$12.4M	Reduce -0.1%
SSNHZ Samsung Electr-GDR Reg S	0.02%	10,238	$11.3M	Reduce -36.0%
FMC FMC Corp.	0.02%	217,116	$9.1M	Add +4.3%
CTAS Cintas Corp.	0.02%	37,838	$8.4M	Reduce -1.3%
LEN.B Lennar Corp. Class B	0.02%	74,404	$7.8M	Reduce -0.9%
ABT Abbott Laboratories	0.01%	54,257	$7.4M	No change
IWD iShares Russell 1000 Value E	0.01%	35,723	$6.9M	Reduce -24.6%
CATH Global X S&P 500 Ca Val ETF	0.01%	89,750	$6.8M	Reduce -3.3%
EWY iShares MSCI South Korea ETF	0.01%	68,789	$4.9M	Add +0.1%
RY Royal Bank of Canada	0.01%	33,470	$4.4M	No change
XYL Xylem Inc.	0.01%	33,556	$4.3M	Reduce -99.6%
JNJ Johnson & Johnson	0.01%	25,712	$3.9M	Reduce -1.9%
AXP American Express Co.	0.01%	11,530	$3.7M	No change
JPM JPMorgan Chase & Co.	0.01%	12,158	$3.5M	Reduce -0.0%
AER Aercap Holdings NV	0.01%	29,567	$3.5M	Reduce -1.7%
XOM Exxon Mobil Corp.	0.01%	31,712	$3.4M	No change
PEP Pepsico Inc.	0.01%	24,466	$3.2M	Reduce -2.8%
BRK.A Berkshire Hathaway Inc. Class A	0.01%	4	$2.9M	No change
CHD Church & Dwight Co. Inc.	0.01%	28,166	$2.7M	Reduce -0.7%
UNILEVER PLC	0.00%	40,100	$2.4M	New
HON Honeywell International Inc.	0.00%	9,333	$2.2M	Reduce -57.1%
GWW WW Grainger Inc. filed as GRAINGER W W INC	0.00%	1,833	$1.9M	No change
SYY Sysco Corp.	0.00%	22,218	$1.7M	Reduce -4.1%
SCI Service Corp. International	0.00%	20,633	$1.7M	Reduce -31.3%
AAPL Apple Inc.	0.00%	8,000	$1.6M	No change
FELE Franklin Electric Co. Inc.	0.00%	17,952	$1.6M	No change
MTB M & T Bank Corp. filed as M & T BK CORP	0.00%	8,036	$1.6M	New
VTV Vanguard Mrngstr Val ETF-Aui	0.00%	7,241	$1.3M	Reduce -29.3%
EMR Emerson Electric Co.	0.00%	9,600	$1.3M	No change
COST Costco Wholesale Corp.	0.00%	1,245	$1.2M	No change
ADSK Autodesk Inc.	0.00%	3,880	$1.2M	Reduce -23.0%
PFE Pfizer Inc.	0.00%	46,072	$1.1M	No change
BRK.B Berkshire Hathaway Inc. Class B	0.00%	2,075	$1.0M	No change
MMM 3M Co.	0.00%	6,316	$962K	No change
KMB Kimberly-Clark Corp.	0.00%	6,990	$901K	No change
SJM The JM Smucker Co. filed as SMUCKER J M CO	0.00%	8,967	$881K	No change
V Visa Inc. Class A	0.00%	2,200	$781K	No change
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.00%	13,300	$629K	No change
DOV Dover Corp.	0.00%	2,600	$476K	No change
NSRGY Nestle SA-Spons ADR	0.00%	4,754	$471K	No change
PSX Phillips 66	0.00%	3,789	$452K	Reduce -39.7%
DCI Donaldson Co. Inc.	0.00%	6,000	$416K	No change
UNP Union Pacific Corp.	0.00%	1,745	$401K	No change
RTX RTX Corp.	0.00%	2,584	$377K	Add +0.0%
SBUX Starbucks Corp.	0.00%	4,000	$367K	No change
MDLZ Mondelez International Inc. Class A	0.00%	5,379	$363K	No change
ZBH Zimmer Biomet Holdings Inc.	0.00%	3,833	$350K	No change
ORCL Oracle Corp.	0.00%	1,500	$328K	No change
VEA Vanguard Ftse Developed ETF	0.00%	5,370	$306K	Reduce -8.6%
PM Philip Morris International	0.00%	1,314	$239K	Add +0.1%
WMT Walmart Inc.	0.00%	2,415	$236K	No change
CINF Cincinnati Financial Corp.	0.00%	1,491	$222K	Reduce -69.7%
KTB Kontoor Brands Inc.	0.00%	3,066	$202K	New
GOOGL Alphabet Inc. Class A	0.00%	897	$158K	Reduce -41.0%

Other holdings (2): bonds, preferreds, convertibles and warrants · $1.3M (not counted above)

Security	Class	Shares / Principal	Value	Change
WELLS FARGO & COMPANY (WFC 7.5 PERP L)	PERP PFD CNV A	650	$763K	No change
SSNNF Samsung Electronics-Pref	FOREIGN	15,600	$572K	Reduce -7.7%

Total filed on the 13F, all lines: $51.9B.

Portfolio Sells Q1 2025 → Q2 2025


XYL Xylem Inc.	Reduce -99.6%	0.01%	−1.88
ANSS Ansys Inc.	Reduce -70.5%	0.61%	−1.32
AMP Ameriprise Financial Inc.	Reduce -19.5%	2.62%	−0.43
ALC Alcon Inc.	Reduce -9.4%	1.88%	−0.43
AMGN Amgen Inc.	Reduce -2.0%	1.95%	−0.35
CTRA Coterra Energy Inc.	Reduce -1.7%	1.59%	−0.32
MRK Merck & Co. Inc.	Reduce -3.9%	1.24%	−0.27
CBSH Commerce Bancshares Inc.	Reduce -22.7%	0.78%	−0.26
PG The Procter & Gamble Co.	Reduce -1.9%	1.67%	−0.21
AWK American Water Works Co. Inc.	Reduce -1.8%	1.76%	−0.21
RPM RPM International Inc.	Reduce -2.1%	1.81%	−0.20
VZ Verizon Communications Inc.	Reduce -1.8%	1.80%	−0.19
APD Air Products & Chemicals Inc.	Reduce -2.7%	1.65%	−0.18
ELS Equity Lifestyle Properties	Reduce -2.8%	1.18%	−0.18
TTE Totalenergies SE -Spon ADR	Reduce -2.0%	1.52%	−0.17
STZ Constellation Brands Inc. Class A	Reduce -2.1%	0.89%	−0.17
LEN Lennar Corp. Class A	Reduce -0.8%	2.06%	−0.17
LOW Lowe's Cos Inc.	Reduce -1.5%	1.58%	−0.16
XEL Xcel Energy Inc.	Reduce -1.6%	1.69%	−0.16
AIG American International Group	Reduce -2.0%	1.99%	−0.14
KO The Coca-Cola Co.	Reduce -2.4%	1.95%	−0.14
ATO Atmos Energy Corp.	Reduce -2.3%	2.26%	−0.14
DHR Danaher Corp.	Reduce -1.4%	1.57%	−0.14
MDT Medtronic PLC	Reduce -1.2%	1.29%	−0.10
SONY Sony Group Corp. - SP ADR	Reduce -2.1%	2.47%	−0.07
MUFG Mitsubishi Ufj Finl-Spon ADR	Reduce -1.6%	1.58%	−0.07
ADBE Adobe Inc.	Reduce -0.8%	1.89%	−0.06
CCJ Cameco Corp.	Reduce -52.1%	0.31%	−0.06
RTLLF Rational AG	Sold out	0.00%	−0.04
TDY Teledyne Technologies Inc.	Reduce -1.1%	1.86%	−0.03
LVMUY LVMH Moet Hennessy-Unsp ADR	Reduce -4.9%	0.09%	−0.03
CFR Cullen/Frost Bankers Inc.	Reduce -1.1%	1.39%	−0.03
QCOM Qualcomm Inc.	Reduce -1.2%	2.13%	−0.02
PYPL PayPal Holdings Inc.	Sold out	0.00%	−0.02
OTSKY Otsuka Holdings Co. Ltd.- Unsp	Reduce -2.6%	0.16%	−0.02
RHHBY Roche Holdings Ltd.-Spons ADR	Reduce -2.9%	0.17%	−0.01
KUBTY Kubota Corp.-Spons ADR	Reduce -2.7%	0.08%	−0.01
SSNHZ Samsung Electr-GDR Reg S	Reduce -36.0%	0.02%	−0.01
HLN Haleon PLC-ADR	Reduce -2.9%	0.16%	−0.01
GSK GSK PLC-Spon ADR	Reduce -2.6%	0.12%	−0.01
DBSDY DBS Group Holdings-Spon ADR	Reduce -2.5%	0.21%	−0.01
MURGY Muenchener Rueck-Unspon ADR	Reduce -2.8%	0.20%	−0.01
FANUY Fanuc Corp.-Unsp ADR	Reduce -3.4%	0.11%	−0.01
SYIEY Symrise AG-Unspon ADR	Reduce -2.3%	0.12%	−0.01
HON Honeywell International Inc.	Reduce -57.1%	0.00%	−0.01
EFA iShares MSCI Eafe ETF	Reduce -14.2%	0.05%	−0.01
IWD iShares Russell 1000 Value E	Reduce -24.6%	0.01%	−0.00
ABBV Abbvie Inc.	Reduce -0.1%	0.02%	−0.00
WSM Williams-Sonoma Inc.	Reduce -0.1%	2.88%	−0.00
UL Unilever PLC	Reduce -2.3%	0.12%	−0.00

Portfolio Buys Q1 2025 → Q2 2025


UBER Uber Technologies Inc.	New	2.13%	+2.13
SNPS Synopsys Inc.	Add +500.6%	1.56%	+1.33
WFC Wells Fargo & Co.	Add +890856.8%	0.82%	+0.82
Brookfield Corp	Add +25996.0%	0.33%	+0.33
ALCON AG	Add +15856.0%	0.16%	+0.16
UNILEVER PLC	New	0.09%	+0.09
Samsung Electronics Co Ltd	New	0.09%	+0.09
NEMTF Nemetschek SE	Add +2.9%	0.28%	+0.06
DQJCF Pan Pacific International Ho	Add +2.6%	0.24%	+0.05
SPY SS SPDR S&P 500 ETF Trust-US	Add +24.3%	0.17%	+0.04
SAFRF Safran SA	Add +2.7%	0.22%	+0.04
EBKOF Erste Group Bank AG	Add +2.9%	0.21%	+0.04
ASHTF Ashtead Group PLC	Add +1.9%	0.14%	+0.02
FRCOF Fast Retailing Co. Ltd.	Add +3.2%	0.13%	+0.02
AAIGF Aia Group Ltd.	Add +1.1%	0.11%	+0.02
EXPGF Experian PLC	Add +1.9%	0.12%	+0.01
MONOF Monotaro Co. Ltd.	Add +2.5%	0.25%	+0.01
DKILF Daikin Industries Ltd.	Add +1.4%	0.12%	+0.01
AKZOF Akzo Nobel N.V.	Add +0.8%	0.07%	+0.01
NNDNF Nidec Corp.	Add +1.4%	0.05%	+0.01
FCFS Firstcash Holdings Inc.	Add +1.3%	0.07%	+0.01
RKLIF Rentokil Initial PLC	Add +1.6%	0.10%	+0.01
TCNRF Tokyo Century Corp.	Add +0.2%	0.05%	+0.01
UNILEVER PLC	New	0.00%	+0.00
DSMFF DSM-Firmenich AG	Add +0.9%	0.10%	+0.00
SNEJF Sony Group Corp.	Add +2.6%	0.28%	+0.00
MGDDF Michelin (cgde)	Add +1.4%	0.11%	+0.00
HINKF Heineken NV	Add +0.7%	0.11%	+0.00
MURGF Muenchener Rueckver AG-Reg	Add +2.2%	0.25%	+0.00
MTB M & T Bank Corp.	New	0.00%	+0.00
RTO Rentokil Initial PLC-SP ADR	Add +1.7%	0.09%	+0.00
NCLH Norwegian Cruise Line Holdin	Add +6.2%	0.03%	+0.00
ASAZF Assa Abloy AB-B	Add +1.5%	0.12%	+0.00
EWY iShares MSCI South Korea ETF	Add +0.1%	0.01%	+0.00
MBFJF Mitsubishi Ufj Financial Gro	Add +5.0%	0.03%	+0.00
AMDUF Amundi SA	Add +0.5%	0.09%	+0.00
FANUF Fanuc Corp.	Add +3.6%	0.09%	+0.00
KTB Kontoor Brands Inc.	New	0.00%	+0.00
FMC FMC Corp.	Add +4.3%	0.02%	0.00
PM Philip Morris International	Add +0.1%	0.00%	0.00
RTX RTX Corp.	Add +0.0%	0.00%	0.00
HLNCF Haleon PLC	Add +1.7%	0.13%	−0.00
GLAXF GSK PLC	Add +2.2%	0.12%	−0.00
DBSDF DBS Group Holdings Ltd.	Add +1.2%	0.22%	−0.00
SYIEF Symrise AG	Add +0.5%	0.10%	−0.00
ROCHE HOLDING AG-GENUSSCHEIN	Add +3.2%	0.15%	−0.00
DLB Dolby Laboratories Inc. Class A	Add +1.5%	0.04%	−0.00
DGEAF Diageo PLC	Add +3.2%	0.10%	−0.00
KUBTF Kubota Corp.	Add +2.3%	0.05%	−0.00
JAZZ Jazz Pharmaceuticals PLC	Add +4.2%	0.03%	−0.01

Notes & Other Activity Q1 2025 → Q2 2025


SSNNF Samsung Electronics-Pref	FOREIGN	Reduce -7.7%	15,600	$572K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	210	$47.7B	WSM, PH, GOOG, CTVA, COF
Q1 2026	189	$47.8B	WSM, PH, CTVA, GOOG, MSFT
Q4 2025	190	$50.0B	PH, MSFT, COF, GOOG, WSM
Q3 2025	191	$51.8B	PH, MSFT, WSM, COF, CTVA
Q2 2025	182	$51.9B	PH, MSFT, COF, CTVA, WSM
Q1 2025	181	$50.2B	PH, AMP, MSFT, WSM, CTVA
Q4 2024	183	$51.9B	PH, MSFT, AMP, WSM, COF
Q3 2024	183	$54.9B	PH, LEN, MSFT, AMP, WSM
Q2 2024	179	$51.7B	MSFT, PH, LEN, ADBE, QCOM
Q1 2024	174	$53.9B	MSFT, PH, LEN, MLM, AMP