Ensemble Capital Management, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 13, 2024), Ensemble Capital Management, LLC reported 22 stock positions worth $1.2 billion. Its top holding was Mastercard Class A (MA) at 7.8% of the portfolio, followed by Booking (BKNG, 7.7%) and Netflix (NFLX, 7.6%). Compared with Q4 2023, it sold out of 1, added to 7 and reduced 15. The biggest buy was Idex (IEX, shares +123%) and the biggest sale Chipotle Mexican Grill (CMG, shares −53%).
- Most Recent 13F
- Q3 2024
- Location
- San Francisco, CA
- CIK
- 0001387366
- Portfolio Value
- $1.2B (Q1 2024)
- SEC Filing
- 0001941040-24-000250 ↗ filed May 13, 2024
Holdings Value
Holdings 22 stocks · $1.2B
| MA Mastercard Inc. Class A | 7.85% | 194,219 | $93.5M | Reduce -5.0% |
| BKNG Booking Holdings Inc. | 7.69% | 25,279 | $91.7M | Reduce -7.1% |
| NFLX Netflix Inc. | 7.60% | 149,224 | $90.6M | Reduce -23.4% |
| GOOGL Alphabet Inc. Class A | 7.33% | 578,705 | $87.3M | Reduce -11.2% |
| HD Home Depot Inc. | 7.32% | 227,517 | $87.3M | Reduce -6.8% |
| BR Broadridge Financial Solutio | 6.62% | 385,216 | $78.9M | Add +11.8% |
| NVR NVR Inc. | 5.37% | 7,897 | $64.0M | Reduce -6.9% |
| ADI Analog Devices Inc. | 5.23% | 315,031 | $62.3M | Add +10.4% |
| PAYX Paychex Inc. | 5.00% | 485,767 | $59.7M | Add +31.3% |
| NOW ServiceNow Inc. | 4.96% | 77,512 | $59.1M | Reduce -8.5% |
| RACE Ferrari NV | 4.84% | 132,319 | $57.7M | Reduce -7.4% |
| MASI Masimo Corp. | 4.51% | 366,335 | $53.8M | Reduce -1.6% |
| FAF First American Financial | 4.28% | 836,322 | $51.1M | Add +6.2% |
| LSTR Landstar System Inc. | 3.71% | 229,635 | $44.3M | Add +44.4% |
| IEX Idex Corp. | 3.45% | 168,703 | $41.2M | Add +122.6% |
| NKE Nike Inc. Class B | 3.41% | 432,026 | $40.6M | Add +32.8% |
| CMG Chipotle Mexican Grill Inc. | 2.95% | 12,100 | $35.2M | Reduce -53.3% |
| ILMN Illumina Inc. | 2.90% | 251,549 | $34.5M | Reduce -0.4% |
| FAST Fastenal Co. | 2.47% | 381,441 | $29.4M | Reduce -36.2% |
| PRM Perimeter Solutions SA | 2.39% | 3,836,360 | $28.5M | Reduce -0.2% |
| WSO Watsco Inc. | 0.06% | 1,540 | $665K | Reduce -31.1% |
| SBUX Starbucks Corp. | 0.05% | 6,896 | $630K | Reduce -4.6% |
Portfolio Sells Q4 2023 → Q1 2024
| CMG Chipotle Mexican Grill Inc. | Reduce -53.3% | 2.95% | −2.32 |
| FAST Fastenal Co. | Reduce -36.2% | 2.47% | −0.98 |
| BKNG Booking Holdings Inc. | Reduce -7.1% | 7.69% | −0.90 |
| NFLX Netflix Inc. | Reduce -23.4% | 7.60% | −0.84 |
| GOOGL Alphabet Inc. Class A | Reduce -11.2% | 7.33% | −0.77 |
| NOW ServiceNow Inc. | Reduce -8.5% | 4.96% | −0.37 |
| ILMN Illumina Inc. | Reduce -0.4% | 2.90% | −0.23 |
| HD Home Depot Inc. | Reduce -6.8% | 7.32% | −0.21 |
| TXN Texas Instruments Inc. | Sold out | 0.00% | −0.05 |
| WSO Watsco Inc. | Reduce -31.1% | 0.06% | −0.03 |
| SBUX Starbucks Corp. | Reduce -4.6% | 0.05% | −0.01 |
| NVR NVR Inc. | Reduce -6.9% | 5.37% | +0.08 |
| MA Mastercard Inc. Class A | Reduce -5.0% | 7.85% | +0.08 |
| RACE Ferrari NV | Reduce -7.4% | 4.84% | +0.53 |
| MASI Masimo Corp. | Reduce -1.6% | 4.51% | +0.63 |
| PRM Perimeter Solutions SA | Reduce -0.2% | 2.39% | +0.81 |
Portfolio Buys Q4 2023 → Q1 2024
| IEX Idex Corp. | Add +122.6% | 3.45% | +1.99 |
| PAYX Paychex Inc. | Add +31.3% | 5.00% | +1.08 |
| LSTR Landstar System Inc. | Add +44.4% | 3.71% | +0.97 |
| BR Broadridge Financial Solutio | Add +11.8% | 6.62% | +0.31 |
| NKE Nike Inc. Class B | Add +32.8% | 3.41% | +0.26 |
| ADI Analog Devices Inc. | Add +10.4% | 5.23% | +0.19 |
| FAF First American Financial | Add +6.2% | 4.28% | −0.23 |