Cortland Associates Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 29, 2024), Cortland Associates Inc. reported 57 stock positions worth $823.2 million. Its top holding was Fiserv (FISV) at 7.8% of the portfolio, followed by Booking (BKNG, 7.7%) and Cigna (CI, 7.4%). Compared with Q2 2024, it opened 3 new positions, sold out of 2, added to 18 and reduced 27. The biggest buy was a new position in Costar (CSGP) and the biggest sale Alphabet Class A (GOOGL, shares −33%).
- Most Recent 13F
- Q2 2026
- Location
- ST LOUIS, MO
- CIK
- 0001014315
- Portfolio Value
- $823.2M (Q3 2024)
- SEC Filing
- 0001140361-24-044494 ↗ filed Oct 29, 2024
Holdings Value
Holdings 57 stocks · $823.2M
| FISV Fiserv Inc. | 7.76% | 355,776 | $63.9M | Reduce -22.5% |
| BKNG Booking Holdings Inc. | 7.68% | 15,010 | $63.2M | Reduce -1.9% |
| CI The Cigna Group | 7.38% | 175,439 | $60.8M | Reduce -1.2% |
| WTW Willis Towers Watson PLC | 6.96% | 194,489 | $57.3M | Reduce -1.6% |
| V Visa Inc. Class A | 6.88% | 206,112 | $56.7M | Reduce -0.9% |
| FCNCA First Citizens Bcshs Class A | 6.37% | 28,477 | $52.4M | Reduce -1.2% |
| KD Kyndryl Holdings Inc. | 6.00% | 2,150,614 | $49.4M | Add +35.7% |
| DHR Danaher Corp. | 5.87% | 173,723 | $48.3M | Add +15.2% |
| AMZN Amazon.com Inc. | 5.47% | 241,583 | $45.0M | Reduce -0.4% |
| OWL Blue Owl Capital Inc. | 4.79% | 2,038,244 | $39.5M | Add +30.3% |
| TPL Texas Pacific Land Corp. | 4.43% | 41,263 | $36.5M | Reduce -2.0% |
| GOOGL Alphabet Inc. Class A | 3.95% | 195,943 | $32.5M | Reduce -33.1% |
| RYAAY Ryanair Holdings PLC-SP ADR | 3.91% | 711,753 | $32.2M | Add +291.6% |
| GOOG Alphabet Inc. Class C | 3.91% | 192,282 | $32.1M | Reduce -3.9% |
| BAM Brookfield Asset Mgmt-A | 3.30% | 574,776 | $27.2M | Reduce -0.8% |
| PYPL PayPal Holdings Inc. | 2.41% | 254,505 | $19.9M | Reduce -43.7% |
| ICE Intercontinental Exchange Inc. | 2.19% | 112,037 | $18.0M | Reduce -1.7% |
| CSGP Costar Group Inc. | 1.77% | 192,674 | $14.5M | New |
| JD Jd.com Inc.-ADR | 1.62% | 332,992 | $13.3M | Add +123.8% |
| TCEHY Tencent Holdings Ltd.-Uns ADR | 1.40% | 208,393 | $11.5M | Reduce -0.9% |
| BRK.A 1/100 Berkshire HTWY A Class A | 1.18% | 1,400 | $9.7M | Reduce -6.7% |
| AAPL Apple Inc. | 0.79% | 27,905 | $6.5M | Reduce -1.3% |
| VLTO Veralto Corp. | 0.68% | 49,751 | $5.6M | Reduce -0.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.42% | 7,460 | $3.4M | Reduce -2.7% |
| IDXX Idexx Laboratories Inc. | 0.36% | 5,913 | $3.0M | Reduce -0.8% |
| MSFT Microsoft Corp. | 0.35% | 6,631 | $2.9M | Reduce -2.3% |
| PM Philip Morris International | 0.26% | 17,635 | $2.1M | Add +0.9% |
| SHW The Sherwin-Williams Co. | 0.18% | 3,900 | $1.5M | No change |
| PG The Procter & Gamble Co. | 0.14% | 6,770 | $1.2M | Add +1.9% |
| IVV iShares Core S&P 500 ETF | 0.14% | 1,952 | $1.1M | No change |
| CAT Caterpillar Inc. | 0.12% | 2,544 | $995K | Add +89.0% |
| IWB iShares Russell 1000 ETF | 0.12% | 3,038 | $955K | Reduce -4.5% |
| IYY iShares Dow Jones U.S. ETF | 0.11% | 6,502 | $908K | Reduce -3.3% |
| MO Altria Group Inc. | 0.11% | 17,731 | $905K | Add +1.8% |
| MDLZ Mondelez International Inc. Class A | 0.09% | 10,122 | $746K | Add +0.6% |
| MRK Merck & Co. Inc. | 0.08% | 5,563 | $632K | Add +0.4% |
| FNV Franco-Nevada Corp. | 0.06% | 4,299 | $534K | Reduce -96.9% |
| PBA Pembina Pipeline Corp. | 0.06% | 11,939 | $492K | No change |
| PGR Progressive Corp. | 0.05% | 1,754 | $445K | Reduce -36.3% |
| CTTOF CTT-Correios DE Portugal | 0.05% | 84,925 | $415K | Add +4.9% |
| PEP Pepsico Inc. | 0.05% | 2,257 | $384K | Add +31.8% |
| RPKIF Richards Packaging Income FD | 0.05% | 16,300 | $383K | Reduce -33.5% |
| CSCO Cisco Systems Inc. | 0.04% | 6,643 | $354K | No change |
| MDY State Street SPDR S&P Midcap | 0.04% | 615 | $350K | No change |
| JNJ Johnson & Johnson | 0.04% | 2,008 | $325K | Add +21.2% |
| BN Brookfield Corp. | 0.04% | 5,922 | $315K | No change |
| EFA iShares MSCI Eafe ETF | 0.04% | 3,665 | $307K | No change |
| CMI Cummins Inc. | 0.04% | 919 | $298K | Add +0.6% |
| HD Home Depot Inc. | 0.03% | 703 | $285K | Add +0.3% |
| EFG iShares MSCI Eafe Growth ETF | 0.03% | 2,614 | $281K | No change |
| UNP Union Pacific Corp. | 0.03% | 1,103 | $272K | Reduce -0.5% |
| ADT Adt Inc. | 0.03% | 35,416 | $256K | Reduce -50.0% |
| DE Deere & Co. | 0.03% | 606 | $253K | New |
| IWM iShares Russell 2000 ETF | 0.03% | 1,110 | $245K | No change |
| NVDA Nvidia Corp. | 0.03% | 1,850 | $225K | Add +2.8% |
| K Kellanova | 0.03% | 2,660 | $215K | New |
| PFE Pfizer Inc. | 0.03% | 7,367 | $213K | Add +1.1% |
Portfolio Sells Q2 2024 → Q3 2024
| GOOGL Alphabet Inc. Class A | Reduce -33.1% | 3.95% | −2.80 |
| FNV Franco-Nevada Corp. | Reduce -96.9% | 0.06% | −2.03 |
| CNC Centene Corp. | Sold out | 0.00% | −1.64 |
| PYPL PayPal Holdings Inc. | Reduce -43.7% | 2.41% | −0.90 |
| FISV Fiserv Inc. | Reduce -22.5% | 7.76% | −0.89 |
| GOOG Alphabet Inc. Class C | Reduce -3.9% | 3.91% | −0.74 |
| AMZN Amazon.com Inc. | Reduce -0.4% | 5.47% | −0.46 |
| CI The Cigna Group | Reduce -1.2% | 7.38% | −0.04 |
| DOO BRP Inc./Ca- Sub Voting | Sold out | 0.00% | −0.04 |
| MSFT Microsoft Corp. | Reduce -2.3% | 0.35% | −0.04 |
| ADT Adt Inc. | Reduce -50.0% | 0.03% | −0.04 |
| V Visa Inc. Class A | Reduce -0.9% | 6.88% | −0.02 |
| PGR Progressive Corp. | Reduce -36.3% | 0.05% | −0.02 |
| RPKIF Richards Packaging Income FD | Reduce -33.5% | 0.05% | −0.02 |
| IDXX Idexx Laboratories Inc. | Reduce -0.8% | 0.36% | −0.00 |
| IWB iShares Russell 1000 ETF | Reduce -4.5% | 0.12% | −0.00 |
| IYY iShares Dow Jones U.S. ETF | Reduce -3.3% | 0.11% | −0.00 |
| UNP Union Pacific Corp. | Reduce -0.5% | 0.03% | +0.00 |
| BRK.A 1/100 Berkshire HTWY A Class A | Reduce -6.7% | 1.18% | +0.01 |
| BKNG Booking Holdings Inc. | Reduce -1.9% | 7.68% | +0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.7% | 0.42% | +0.02 |
| AAPL Apple Inc. | Reduce -1.3% | 0.79% | +0.04 |
| VLTO Veralto Corp. | Reduce -0.7% | 0.68% | +0.07 |
| TCEHY Tencent Holdings Ltd.-Uns ADR | Reduce -0.9% | 1.40% | +0.14 |
| ICE Intercontinental Exchange Inc. | Reduce -1.7% | 2.19% | +0.21 |
| FCNCA First Citizens Bcshs Class A | Reduce -1.2% | 6.37% | +0.23 |
| WTW Willis Towers Watson PLC | Reduce -1.6% | 6.96% | +0.41 |
| BAM Brookfield Asset Mgmt-A | Reduce -0.8% | 3.30% | +0.51 |
| TPL Texas Pacific Land Corp. | Reduce -2.0% | 4.43% | +0.53 |
Portfolio Buys Q2 2024 → Q3 2024
| CSGP Costar Group Inc. | New | 1.77% | +1.77 |
| OWL Blue Owl Capital Inc. | Add +30.3% | 4.79% | +1.28 |
| RYAAY Ryanair Holdings PLC-SP ADR | Add +291.6% | 3.91% | +1.23 |
| JD Jd.com Inc.-ADR | Add +123.8% | 1.62% | +1.13 |
| DHR Danaher Corp. | Add +15.2% | 5.87% | +1.10 |
| KD Kyndryl Holdings Inc. | Add +35.7% | 6.00% | +0.73 |
| CAT Caterpillar Inc. | Add +89.0% | 0.12% | +0.06 |
| PM Philip Morris International | Add +0.9% | 0.26% | +0.04 |
| DE Deere & Co. | New | 0.03% | +0.03 |
| K Kellanova | New | 0.03% | +0.03 |
| PEP Pepsico Inc. | Add +31.8% | 0.05% | +0.01 |
| MO Altria Group Inc. | Add +1.8% | 0.11% | +0.01 |
| JNJ Johnson & Johnson | Add +21.2% | 0.04% | +0.01 |
| MDLZ Mondelez International Inc. Class A | Add +0.6% | 0.09% | +0.01 |
| CTTOF CTT-Correios DE Portugal | Add +4.9% | 0.05% | +0.00 |
| CMI Cummins Inc. | Add +0.6% | 0.04% | +0.00 |
| HD Home Depot Inc. | Add +0.3% | 0.03% | +0.00 |
| PG The Procter & Gamble Co. | Add +1.9% | 0.14% | +0.00 |
| PFE Pfizer Inc. | Add +1.1% | 0.03% | +0.00 |
| NVDA Nvidia Corp. | Add +2.8% | 0.03% | −0.00 |
| MRK Merck & Co. Inc. | Add +0.4% | 0.08% | −0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 62 | $691.8M | V, AMZN, BKNG, WTW, RYAAY |
| Q1 2026 | 62 | $696.8M | WTW, BKNG, V, AMZN, GOOG |
| Q4 2025 | 62 | $792.1M | WTW, FCNCA, V, KD, BKNG |
| Q3 2025 | 64 | $846.6M | WTW, KD, V, BKNG, AMZN |
| Q2 2025 | 59 | $856.8M | KD, V, BKNG, WTW, FCNCA |
| Q1 2025 | 56 | $832.7M | BKNG, KD, FISV, WTW, V |
| Q4 2024 | 59 | $879.3M | KD, BKNG, FISV, V, WTW |
| Q3 2024 | 57 | $823.2M | FISV, BKNG, CI, WTW, V |
| Q2 2024 | 56 | $790.7M | FISV, BKNG, CI, V, GOOGL |
| Q1 2024 | 52 | $772.9M | FISV, CI, V, BKNG, WTW |