EULAV Asset Management

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 30, 2025), EULAV Asset Management reported 165 stock positions worth $4.0 billion. Its top holding was Tyler Technologies (TYL) at 3.6% of the portfolio, followed by Heico (HEI, 3.0%) and Transdigm (TDG, 3.0%). Compared with Q4 2024, it opened 3 new positions, sold out of 1, added to 50 and reduced 38. The biggest buy was Teledyne Technologies (TDY, shares +83%) and the biggest sale Comfort Systems USA (FIX, shares −9%).

Most Recent 13F
Q2 2026
Location
SARASOTA, FL
CIK
0001540826
Portfolio Value
$4.0B (Q1 2025)
SEC Filing
0001085146-25-002466 ↗ filed Apr 30, 2025

Holdings Value

0$1.0B$2.0B$3.0B$4.0B$5.0B Q1 2024: $3.6B Q1 2024 Q2 2024: $3.7B Q2 2024 Q3 2024: $4.1B Q3 2024 Q4 2024: $4.2B Q4 2024 Q1 2025: $4.0B $4.0B Q1 2025 Q2 2025: $4.3B Q2 2025 Q3 2025: $4.3B Q3 2025 Q4 2025: $3.7B Q4 2025 Q1 2026: $3.1B Q1 2026 Q2 2026: $3.1B Q2 2026

Holdings 165 stocks · $4.0B
TYL Tyler Technologies Inc. 3.58% 249,083 $144.8M Add +1.4%
HEI Heico Corp. 3.05% 461,693 $123.4M Add +1.8%
TDG Transdigm Group Inc. 3.02% 88,257 $122.1M Reduce -16.0%
WCN Waste Connections Inc. 2.99% 620,742 $121.2M Reduce -5.5%
MSCI MSCI Inc. 2.85% 203,958 $115.3M No change
CTAS Cintas Corp. 2.80% 550,735 $113.2M Reduce -5.7%
FICO Fair Isaac Corp. 2.59% 56,900 $104.9M No change
LII Lennox International Inc. 2.59% 186,708 $104.7M Reduce -7.2%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 2.50% 1,420,464 $101.1M No change
IT Gartner Inc. 2.25% 217,200 $91.2M Add +0.7%
RSG Republic Services Inc. 2.00% 333,638 $80.8M Reduce -14.6%
MSI Motorola Solutions Inc. 1.90% 176,100 $77.1M Add +6.0%
CHE Chemed Corp. 1.88% 123,499 $76.0M No change
CASY Casey's General Stores Inc. 1.83% 170,600 $74.0M Add +5.6%
CDNS Cadence Design SYS Inc. 1.82% 289,300 $73.6M Reduce 0.0%
MPWR Monolithic Power Systems Inc. 1.67% 116,276 $67.4M Add +0.0%
AFG American Financial Group Inc. 1.62% 498,722 $65.5M No change
CACI Caci International Inc. Class A 1.60% 176,204 $64.7M Add +16.1%
POOL Pool Corp. 1.47% 187,261 $59.6M No change
BRO Brown & Brown Inc. 1.37% 444,900 $55.3M Add +3.3%
CDW CDW Corp. 1.36% 343,712 $55.1M Reduce -10.4%
IQV Iqvia Holdings Inc. 1.35% 309,000 $54.5M No change
COST Costco Wholesale Corp. 1.33% 57,100 $54.0M Reduce -8.3%
ROP Roper Technologies Inc. 1.33% 91,169 $53.8M Add +30.1%
IDXX Idexx Laboratories Inc. 1.31% 126,215 $53.0M Add +0.0%
NOW ServiceNow Inc. 1.30% 66,164 $52.7M Reduce -1.5%
ICE Intercontinental Exchange Inc. 1.27% 297,833 $51.4M No change
ATR Aptargroup Inc. 1.13% 308,228 $45.7M Add +7.0%
META Meta Platforms Inc. Class A 1.12% 79,017 $45.5M No change
SYK Stryker Corp. 1.12% 121,813 $45.3M Add +1.9%
NVDA Nvidia Corp. 1.07% 400,139 $43.4M Add +9.0%
FIX Comfort Systems USA Inc. 1.06% 132,608 $42.7M Reduce -8.6%
GIB Cgi Inc. 0.98% 397,110 $39.6M Add +3.3%
TDY Teledyne Technologies Inc. 0.97% 79,200 $39.4M Add +83.3%
SPGI S&P Global Inc. 0.86% 68,192 $34.6M Add +6.2%
INTU Intuit Inc. 0.83% 54,710 $33.6M Reduce -0.4%
UBER Uber Technologies Inc. 0.83% 461,000 $33.6M Add +0.2%
RLI Rli Corp. 0.82% 414,000 $33.3M No change
CHDN Churchill Downs Inc. 0.81% 296,762 $33.0M No change
MRSH Marsh & McLennan Cos 0.80% 132,000 $32.2M No change
ACN Accenture PLC Class A 0.79% 103,123 $32.2M No change
WST West Pharmaceutical Services 0.76% 137,616 $30.8M Reduce -0.0%
AMZN Amazon.com Inc. 0.70% 150,041 $28.5M Reduce -4.5%
WSO Watsco Inc. 0.70% 55,900 $28.4M No change
EXPO Exponent Inc. 0.69% 345,100 $28.0M No change
ADBE Adobe Inc. 0.64% 67,401 $25.9M Reduce -9.9%
EXLS Exlservice Holdings Inc. 0.64% 545,065 $25.7M No change
NFLX Netflix Inc. 0.59% 25,606 $23.9M No change
POST Post Holdings Inc. filed as POST HLDGS INC 0.58% 203,000 $23.6M No change
V Visa Inc. Class A 0.55% 64,022 $22.4M Reduce -1.5%
GOOGL Alphabet Inc. Class A 0.55% 145,000 $22.4M Add +2.8%
MSTR Strategy Inc. filed as MICROSTRATEGY INC 0.53% 75,000 $21.6M Reduce -13.3%
SNPS Synopsys Inc. 0.51% 48,604 $20.8M No change
MSFT Microsoft Corp. 0.51% 55,030 $20.7M No change
ZTS Zoetis Inc. 0.51% 125,000 $20.6M No change
AMD Advanced Micro Devices 0.49% 194,000 $19.9M Reduce -13.4%
WWD Woodward Inc. 0.48% 107,600 $19.6M Add +15.7%
ENSG The Ensign Group Inc. 0.48% 151,700 $19.6M No change
EXEL Exelixis Inc. 0.48% 530,000 $19.6M Add +10.4%
RBC RBC Bearings Inc. 0.45% 56,300 $18.1M Add +7.2%
FSS Federal Signal Corp. 0.44% 240,803 $17.7M No change
MTD Mettler-Toledo International 0.41% 14,100 $16.7M No change
ROL Rollins Inc. 0.41% 304,696 $16.5M Reduce 0.0%
AAON Aaon Inc. 0.40% 208,500 $16.3M No change
WTS Watts Water Technologies-A 0.40% 79,747 $16.3M Add +5.1%
TT Trane Technologies PLC 0.40% 48,000 $16.2M No change
TSLA Tesla Inc. 0.40% 62,011 $16.1M Add +22.8%
AIT Applied Industrial Tech Inc. 0.39% 69,800 $15.7M Add +26.0%
BMI Badger Meter Inc. 0.38% 81,700 $15.5M No change
HOOD Robinhood Markets Inc. Class A 0.38% 370,000 $15.4M Reduce -13.9%
CRWD CrowdStrike Holdings Inc. Class A 0.37% 42,000 $14.8M Reduce -8.7%
TMO Thermo Fisher Scientific Inc. 0.36% 29,400 $14.6M No change
EXAS Exact Sciences Corp. 0.36% 335,000 $14.5M Add +17.5%
FN Fabrinet 0.35% 71,700 $14.2M Add +2.1%
CRM Salesforce Inc. 0.34% 52,006 $14.0M Add +40.5%
SPSC SPS Commerce Inc. 0.34% 104,500 $13.9M No change
VRTX Vertex Pharmaceuticals Inc. 0.34% 28,500 $13.8M No change
EME Emcor Group Inc. 0.33% 36,601 $13.5M Reduce -14.1%
COIN Coinbase Global Inc. Class A 0.33% 77,005 $13.3M Add +32.8%
BKNG Booking Holdings Inc. 0.31% 2,752 $12.7M Add +3.8%
PRI Primerica Inc. 0.31% 44,400 $12.6M No change
MMSI Merit Medical Systems Inc. 0.31% 117,000 $12.4M Add +1.7%
APPF Appfolio Inc. Class A 0.30% 55,449 $12.2M No change
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.30% 66,708 $12.2M No change
MA Mastercard Inc. Class A 0.30% 22,116 $12.1M No change
JJSF J & J Snack Foods Corp. 0.30% 91,800 $12.1M Reduce -11.0%
AVGO Broadcom Inc. 0.29% 71,017 $11.9M Add +115.1%
EPAM Epam Systems Inc. 0.29% 68,660 $11.6M Reduce -13.8%
AAPL Apple Inc. 0.28% 51,061 $11.3M Reduce -39.3%
KAI Kadant Inc. 0.28% 33,600 $11.3M Add +0.9%
DHR Danaher Corp. 0.28% 54,600 $11.2M No change
CVCO Cavco Industries Inc. 0.27% 20,800 $10.8M No change
FANG Diamondback Energy Inc. 0.26% 67,000 $10.7M Add +17.5%
RUSHA Rush Enterprises Inc. Class A 0.26% 195,400 $10.4M Add +14.3%
MSA Msa Safety Inc. 0.25% 70,200 $10.3M No change
SIGI Selective Insurance Group 0.25% 110,193 $10.1M No change
CMG Chipotle Mexican Grill Inc. 0.25% 200,000 $10.0M Add +11.1%
GPI Group 1 Automotive Inc. 0.24% 25,815 $9.9M Add +6.6%
SF Stifel Financial Corp. 0.24% 104,422 $9.8M No change
WDAY Workday Inc. Class A 0.24% 42,000 $9.8M Add +5.0%
AYI Acuity Inc. 0.24% 37,000 $9.7M No change
SHOP Shopify Inc. Class A 0.22% 95,000 $9.1M Reduce -9.5%
G Genpact Ltd. 0.22% 180,000 $9.1M New
CRS Carpenter Technology 0.22% 49,030 $8.9M Add +19.4%
SLGN Silgan Holdings Inc. 0.22% 172,600 $8.8M No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.22% 25,400 $8.8M Add +54.9%
MTSI Macom Technology Solutions H 0.22% 87,046 $8.7M Add +16.0%
DKNG Draftkings Inc. Class A 0.21% 260,000 $8.6M Add +18.2%
PLUS Eplus Inc. 0.21% 139,000 $8.5M No change
RIVN Rivian Automotive Inc. Class A 0.21% 680,000 $8.5M No change
ROKU Roku Inc. 0.20% 115,000 $8.1M Reduce -2.5%
ACIW Aci Worldwide Inc. 0.19% 141,829 $7.8M Add +34.8%
CROX Crocs Inc. 0.19% 71,700 $7.6M No change
NSIT Insight Enterprises Inc. 0.18% 49,886 $7.5M No change
BLD Topbuild Corp. 0.18% 24,400 $7.4M No change
BMRN Biomarin Pharmaceutical Inc. 0.18% 105,000 $7.4M Reduce -2.8%
FFIN First Finl Bankshares Inc. 0.18% 206,496 $7.4M No change
GATX Gatx Corp. 0.18% 47,300 $7.3M Add +25.1%
PGR Progressive Corp. 0.18% 25,300 $7.2M No change
TXRH Texas Roadhouse Inc. 0.17% 41,600 $6.9M No change
MEDP Medpace Holdings Inc. 0.17% 22,100 $6.7M No change
SAIC Science Applications Inte 0.17% 59,600 $6.7M No change
CSL Carlisle Cos Inc. 0.16% 19,400 $6.6M No change
SITE Siteone Landscape Supply Inc. 0.15% 51,100 $6.2M No change
FCN Fti Consulting Inc. 0.15% 37,500 $6.2M Reduce -22.7%
ANSS Ansys Inc. 0.15% 18,900 $6.0M No change
WK Workiva Inc. 0.14% 76,400 $5.8M No change
SNAP Snap Inc. Class A 0.14% 660,000 $5.7M Reduce -10.2%
LULU Lululemon Athletica Inc. 0.14% 20,000 $5.7M Reduce -9.1%
ECL Ecolab Inc. 0.14% 22,100 $5.6M Add +29.2%
BCPC Balchem Corp. 0.13% 32,500 $5.4M No change
AGO Assured Guaranty Ltd. 0.13% 60,000 $5.3M No change
GS Goldman Sachs Group Inc. 0.13% 9,500 $5.2M Add +31.0%
LSTR Landstar System Inc. 0.13% 33,800 $5.1M No change
TNET Trinet Group Inc. 0.12% 63,300 $5.0M No change
WING Wingstop Inc. 0.12% 21,800 $4.9M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.12% 115,000 $4.8M Add +27.8%
AWR American States Water Co. filed as AMER STATES WTR CO 0.12% 59,900 $4.7M No change
FELE Franklin Electric Co. Inc. 0.10% 44,853 $4.2M Add +84.3%
BX Blackstone Inc. 0.10% 30,000 $4.2M Add +50.0%
APP AppLovin Corp. Class A 0.10% 15,012 $4.0M New
IBKR Interactive Brokers Gro Class A 0.10% 24,000 $4.0M Reduce -4.0%
BABA Alibaba Group Holding-SP ADR 0.10% 30,000 $4.0M No change
TREX Trex Company Inc. 0.09% 64,000 $3.7M No change
JPM JPMorgan Chase & Co. 0.09% 15,003 $3.7M No change
WD Walker & Dunlop Inc. 0.08% 38,900 $3.3M No change
MDGL Madrigal Pharmaceuticals Inc. 0.08% 10,000 $3.3M No change
MU Micron Technology Inc. 0.08% 38,000 $3.3M Reduce -57.8%
DAL Delta Air Lines Inc. 0.08% 75,000 $3.3M Add +56.3%
CXT Crane NXT Co. 0.08% 60,800 $3.1M No change
HLT Hilton Worldwide Holdings Inc. 0.07% 13,014 $3.0M Reduce -7.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.07% 30,000 $3.0M Add +20.0%
LYFT LYFT Inc. Class A 0.07% 240,000 $2.8M Reduce -9.4%
QCOM Qualcomm Inc. 0.07% 18,000 $2.8M Reduce -5.3%
QLYS Qualys Inc. 0.07% 21,700 $2.7M No change
STZ Constellation Brands Inc. Class A 0.06% 13,000 $2.4M No change
SNX TD Synnex Corp. 0.05% 21,400 $2.2M No change
NPO Enpro Inc. 0.05% 13,200 $2.1M No change
PYPL PayPal Holdings Inc. 0.05% 32,000 $2.1M Reduce -3.0%
DXCM Dexcom Inc. 0.05% 27,015 $1.8M Reduce -44.9%
PBH Prestige Consumer Healthcare 0.04% 19,400 $1.7M New
USPH U.S. Physical Therapy Inc. 0.03% 19,100 $1.4M Reduce -25.7%
EFOR Everforth Inc. filed as ASGN INC 0.03% 20,100 $1.3M No change
HRI Herc Holdings Inc. filed as HERC HLDGS INC 0.03% 8,100 $1.1M No change
LFUS Littelfuse Inc. 0.01% 3,000 $590K No change

Portfolio Sells Q4 2024 → Q1 2025
FIX Comfort Systems USA Inc. Reduce -8.6% 1.06% −0.43
NOW ServiceNow Inc. Reduce -1.5% 1.30% −0.41
LII Lennox International Inc. Reduce -7.2% 2.59% −0.37
WST West Pharmaceutical Services Reduce -0.0% 0.76% −0.32
CDNS Cadence Design SYS Inc. Reduce 0.0% 1.82% −0.28
MTCH Match Group Inc. Sold out 0.00% −0.26
CDW CDW Corp. Reduce -10.4% 1.36% −0.25
AAPL Apple Inc. Reduce -39.3% 0.28% −0.23
TDG Transdigm Group Inc. Reduce -16.0% 3.02% −0.19
ADBE Adobe Inc. Reduce -9.9% 0.64% −0.16
EPAM Epam Systems Inc. Reduce -13.8% 0.29% −0.16
AMD Advanced Micro Devices Reduce -13.4% 0.49% −0.16
EME Emcor Group Inc. Reduce -14.1% 0.33% −0.13
AMZN Amazon.com Inc. Reduce -4.5% 0.70% −0.12
MU Micron Technology Inc. Reduce -57.8% 0.08% −0.10
JJSF J & J Snack Foods Corp. Reduce -11.0% 0.30% −0.09
FCN Fti Consulting Inc. Reduce -22.7% 0.15% −0.07
MSTR Strategy Inc. Reduce -13.3% 0.53% −0.07
LULU Lululemon Athletica Inc. Reduce -9.1% 0.14% −0.06
SNAP Snap Inc. Class A Reduce -10.2% 0.14% −0.05
DXCM Dexcom Inc. Reduce -44.9% 0.05% −0.05
SHOP Shopify Inc. Class A Reduce -9.5% 0.22% −0.04
COST Costco Wholesale Corp. Reduce -8.3% 1.33% −0.04
USPH U.S. Physical Therapy Inc. Reduce -25.7% 0.03% −0.02
PYPL PayPal Holdings Inc. Reduce -3.0% 0.05% −0.02
CRWD CrowdStrike Holdings Inc. Class A Reduce -8.7% 0.37% −0.01
LYFT LYFT Inc. Class A Reduce -9.4% 0.07% −0.01
ROKU Roku Inc. Reduce -2.5% 0.20% −0.01
HLT Hilton Worldwide Holdings Inc. Reduce -7.1% 0.07% −0.01
IBKR Interactive Brokers Gro Class A Reduce -4.0% 0.10% −0.01
HOOD Robinhood Markets Inc. Class A Reduce -13.9% 0.38% −0.01
QCOM Qualcomm Inc. Reduce -5.3% 0.07% −0.00
INTU Intuit Inc. Reduce -0.4% 0.83% −0.00
BMRN Biomarin Pharmaceutical Inc. Reduce -2.8% 0.18% +0.01
V Visa Inc. Class A Reduce -1.5% 0.55% +0.06
ROL Rollins Inc. Reduce 0.0% 0.41% +0.07
RSG Republic Services Inc. Reduce -14.6% 2.00% +0.10
CTAS Cintas Corp. Reduce -5.7% 2.80% +0.23
WCN Waste Connections Inc. Reduce -5.5% 2.99% +0.28

Portfolio Buys Q4 2024 → Q1 2025
TDY Teledyne Technologies Inc. Add +83.3% 0.97% +0.49
ROP Roper Technologies Inc. Add +30.1% 1.33% +0.45
HEI Heico Corp. Add +1.8% 3.05% +0.45
BRO Brown & Brown Inc. Add +3.3% 1.37% +0.31
CASY Casey's General Stores Inc. Add +5.6% 1.83% +0.29
G Genpact Ltd. New 0.22% +0.22
TYL Tyler Technologies Inc. Add +1.4% 3.58% +0.16
UBER Uber Technologies Inc. Add +0.2% 0.83% +0.16
CACI Caci International Inc. Class A Add +16.1% 1.60% +0.12
WWD Woodward Inc. Add +15.7% 0.48% +0.11
AVGO Broadcom Inc. Add +115.1% 0.29% +0.11
AJG Arthur J Gallagher & Co. Add +54.9% 0.22% +0.10
EXEL Exelixis Inc. Add +10.4% 0.48% +0.10
APP AppLovin Corp. Class A New 0.10% +0.10
SPGI S&P Global Inc. Add +6.2% 0.86% +0.09
SYK Stryker Corp. Add +1.9% 1.12% +0.08
RBC RBC Bearings Inc. Add +7.2% 0.45% +0.07
AIT Applied Industrial Tech Inc. Add +26.0% 0.39% +0.07
ACIW Aci Worldwide Inc. Add +34.8% 0.19% +0.06
MSI Motorola Solutions Inc. Add +6.0% 1.90% +0.06
IDXX Idexx Laboratories Inc. Add +0.0% 1.31% +0.05
CRS Carpenter Technology Add +19.4% 0.22% +0.05
FELE Franklin Electric Co. Inc. Add +84.3% 0.10% +0.05
CRM Salesforce Inc. Add +40.5% 0.34% +0.05
ECL Ecolab Inc. Add +29.2% 0.14% +0.04
PBH Prestige Consumer Healthcare New 0.04% +0.04
GATX Gatx Corp. Add +25.1% 0.18% +0.04
FANG Diamondback Energy Inc. Add +17.5% 0.26% +0.04
ATR Aptargroup Inc. Add +7.0% 1.13% +0.04
MMSI Merit Medical Systems Inc. Add +1.7% 0.31% +0.04
RUSHA Rush Enterprises Inc. Class A Add +14.3% 0.26% +0.03
WTS Watts Water Technologies-A Add +5.1% 0.40% +0.03
GS Goldman Sachs Group Inc. Add +31.0% 0.13% +0.03
BAC Bank of America Corp. Add +27.8% 0.12% +0.02
BX Blackstone Inc. Add +50.0% 0.10% +0.02
DKNG Draftkings Inc. Class A Add +18.2% 0.21% +0.02
DAL Delta Air Lines Inc. Add +56.3% 0.08% +0.01
MPWR Monolithic Power Systems Inc. Add +0.0% 1.67% +0.01
DIS The Walt Disney Co. Add +20.0% 0.07% +0.01
KAI Kadant Inc. Add +0.9% 0.28% +0.00
GPI Group 1 Automotive Inc. Add +6.6% 0.24% −0.00
BKNG Booking Holdings Inc. Add +3.8% 0.31% −0.00
WDAY Workday Inc. Class A Add +5.0% 0.24% −0.01
CMG Chipotle Mexican Grill Inc. Add +11.1% 0.25% −0.01
MTSI Macom Technology Solutions H Add +16.0% 0.22% −0.02
COIN Coinbase Global Inc. Class A Add +32.8% 0.33% −0.02
FN Fabrinet Add +2.1% 0.35% −0.02
EXAS Exact Sciences Corp. Add +17.5% 0.36% −0.03
GIB Cgi Inc. Add +3.3% 0.98% −0.03
GOOGL Alphabet Inc. Class A Add +2.8% 0.55% −0.09

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 152$3.1BWWD, CDNS, HEI, RBC, TDY
Q1 2026 133$3.1BWCN, CACI, CASY, WWD, HEI
Q4 2025 145$3.7BTYL, HEI, MSCI, WCN, CASY
Q3 2025 154$4.3BHEI, TYL, MSCI, WCN, CTAS
Q2 2025 160$4.3BHEI, TYL, MSCI, WCN, CTAS
Q1 2025 165$4.0BTYL, HEI, TDG, WCN, MSCI
Q4 2024 163$4.2BTYL, TDG, LII, MSCI, FICO
Q3 2024 165$4.1BTDG, TYL, CTAS, FICO, MSCI
Q2 2024 170$3.7BTDG, CTAS, TYL, LII, FICO
Q1 2024 175$3.6BTDG, CTAS, MSCI, TYL, IT