Bristol Gate Capital Partners Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 10, 2024), Bristol Gate Capital Partners Inc. reported 30 stock positions worth $2.1 billion. Its top holding was Cintas (CTAS) at 5.8% of the portfolio, followed by Sherwin-Williams (SHW, 5.0%) and Mastercard Class A (MA, 4.9%). Compared with Q4 2023, it opened 2 new positions, sold out of 4, added to 11 and reduced 17. The biggest buy was a new position in McKesson (MCK) and the biggest sale an exit from American Tower (AMT).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0001650142
- Portfolio Value
- $2.1B (Q1 2024)
- SEC Filing
- 0001062993-24-009897 ↗ filed May 10, 2024
Holdings Value
Holdings 30 stocks · $2.1B
| CTAS Cintas Corp. | 5.75% | 178,209 | $122.4M | Reduce -0.4% |
| SHW The Sherwin-Williams Co. | 5.01% | 306,823 | $106.6M | Reduce -0.5% |
| MA Mastercard Inc. Class A | 4.85% | 214,504 | $103.3M | Reduce -0.5% |
| AMAT Applied Materials Inc. | 4.81% | 496,566 | $102.4M | Reduce -19.8% |
| TMO Thermo Fisher Scientific Inc. | 4.73% | 173,399 | $100.8M | Add +0.0% |
| MSFT Microsoft Corp. | 4.73% | 239,453 | $100.7M | Reduce -0.4% |
| ROP Roper Technologies Inc. | 4.67% | 177,461 | $99.5M | Reduce -0.5% |
| LOW Lowe's Cos Inc. | 4.66% | 389,348 | $99.2M | Reduce -0.1% |
| INTU Intuit Inc. | 4.65% | 152,252 | $99.0M | Reduce -0.5% |
| CSX CSX Corp. | 4.59% | 2,634,268 | $97.7M | Reduce -0.5% |
| MCK McKesson Corp. | 4.58% | 181,633 | $97.5M | New |
| MCO Moody's Corp. | 4.53% | 245,360 | $96.4M | Reduce -0.4% |
| AVGO Broadcom Inc. | 4.52% | 72,680 | $96.3M | Reduce -24.3% |
| MRSH Marsh & McLennan Cos | 4.47% | 461,884 | $95.1M | New |
| CARR Carrier Global Corp. | 4.40% | 1,611,698 | $93.7M | Reduce -0.1% |
| V Visa Inc. Class A | 4.39% | 335,087 | $93.5M | Reduce -0.2% |
| MCHP Microchip Technology Inc. | 4.29% | 1,019,096 | $91.4M | Reduce -0.3% |
| CTVA Corteva Inc. | 4.17% | 1,539,892 | $88.8M | Add +2.0% |
| ALLE Allegion PLC | 4.11% | 649,089 | $87.4M | Reduce -0.1% |
| UNH Unitedhealth Group Inc. | 4.01% | 172,553 | $85.4M | Add +19.4% |
| MSCI MSCI Inc. | 4.00% | 151,798 | $85.1M | Reduce -0.5% |
| ZTS Zoetis Inc. | 3.76% | 472,602 | $80.0M | Reduce -0.1% |
| BN Brookfield Corp. | 0.05% | 23,385 | $978K | Add +43.7% |
| TRI Thomson Reuters Corp. | 0.05% | 6,181 | $962K | Add +42.2% |
| OTEX Open Text Corp. | 0.04% | 22,177 | $860K | Add +80.3% |
| FSV Firstservice Corp. | 0.04% | 5,154 | $853K | Add +68.4% |
| WCN Waste Connections Inc. | 0.04% | 4,780 | $821K | Add +44.0% |
| CIGI Colliers Intl GR-Subord Vot | 0.04% | 6,623 | $809K | Add +38.7% |
| CNI Canadian Natl Railway Co. | 0.04% | 5,924 | $780K | Add +43.6% |
| TU Telus Corp. | 0.04% | 47,675 | $762K | Add +94.4% |
Portfolio Sells Q4 2023 → Q1 2024
| AMT American Tower Corp. | Sold out | 0.00% | −4.30 |
| SBUX Starbucks Corp. | Sold out | 0.00% | −3.66 |
| ZTS Zoetis Inc. | Reduce -0.1% | 3.76% | −0.90 |
| AVGO Broadcom Inc. | Reduce -24.3% | 4.52% | −0.82 |
| MSCI MSCI Inc. | Reduce -0.5% | 4.00% | −0.31 |
| MCHP Microchip Technology Inc. | Reduce -0.3% | 4.29% | −0.31 |
| MCO Moody's Corp. | Reduce -0.4% | 4.53% | −0.27 |
| CARR Carrier Global Corp. | Reduce -0.1% | 4.40% | −0.22 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −0.20 |
| AMAT Applied Materials Inc. | Reduce -19.8% | 4.81% | −0.19 |
| ROP Roper Technologies Inc. | Reduce -0.5% | 4.67% | −0.18 |
| INTU Intuit Inc. | Reduce -0.5% | 4.65% | −0.12 |
| CP Canadian Pacific Kansas City | Sold out | 0.00% | −0.03 |
| ALLE Allegion PLC | Reduce -0.1% | 4.11% | −0.00 |
| CSX CSX Corp. | Reduce -0.5% | 4.59% | +0.01 |
| V Visa Inc. Class A | Reduce -0.2% | 4.39% | +0.03 |
| SHW The Sherwin-Williams Co. | Reduce -0.5% | 5.01% | +0.21 |
| MSFT Microsoft Corp. | Reduce -0.4% | 4.73% | +0.22 |
| MA Mastercard Inc. Class A | Reduce -0.5% | 4.85% | +0.27 |
| LOW Lowe's Cos Inc. | Reduce -0.1% | 4.66% | +0.33 |
| CTAS Cintas Corp. | Reduce -0.4% | 5.75% | +0.37 |
Portfolio Buys Q4 2023 → Q1 2024
| MCK McKesson Corp. | New | 4.58% | +4.58 |
| MRSH Marsh & McLennan Cos | New | 4.47% | +4.47 |
| CTVA Corteva Inc. | Add +2.0% | 4.17% | +0.56 |
| UNH Unitedhealth Group Inc. | Add +19.4% | 4.01% | +0.21 |
| TMO Thermo Fisher Scientific Inc. | Add +0.0% | 4.73% | +0.14 |
| FSV Firstservice Corp. | Add +68.4% | 0.04% | +0.02 |
| OTEX Open Text Corp. | Add +80.3% | 0.04% | +0.01 |
| TU Telus Corp. | Add +94.4% | 0.04% | +0.01 |
| WCN Waste Connections Inc. | Add +44.0% | 0.04% | +0.01 |
| TRI Thomson Reuters Corp. | Add +42.2% | 0.05% | +0.01 |
| BN Brookfield Corp. | Add +43.7% | 0.05% | +0.01 |
| CNI Canadian Natl Railway Co. | Add +43.6% | 0.04% | +0.01 |
| CIGI Colliers Intl GR-Subord Vot | Add +38.7% | 0.04% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 33 | $1.4B | AMAT, KLAC, LLY, GE, TRGP |
| Q1 2026 | 31 | $1.6B | TRGP, WAB, MCK, WMT, TT |
| Q4 2025 | 33 | $1.7B | MA, LLY, ODFL, V, AMAT |
| Q3 2025 | 31 | $1.7B | AVGO, GE, MSFT, UNH, MA |
| Q2 2025 | 31 | $1.8B | GE, AVGO, INTU, MSFT, V |
| Q1 2025 | 32 | $2.0B | MCK, V, MRSH, MA, CTAS |
| Q4 2024 | 33 | $2.1B | AVGO, MSCI, MCO, MA, V |
| Q3 2024 | 31 | $2.2B | CARR, SHW, MCO, MSCI, UNH |
| Q2 2024 | 31 | $2.0B | MSFT, MCK, MCO, CARR, CTVA |
| Q1 2024 | 30 | $2.1B | CTAS, SHW, MA, AMAT, TMO |