EULAV Asset Management

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), EULAV Asset Management reported 160 stock positions worth $4.3 billion. Its top holding was Heico (HEI) at 3.6% of the portfolio, followed by Tyler Technologies (TYL, 3.5%) and MSCI (MSCI, 2.8%). Compared with Q1 2025, it opened 1 new position, sold out of 6, added to 41 and reduced 49. The biggest buy was Comfort Systems USA (FIX, shares −0%) and the biggest sale Transdigm (TDG, shares −52%).

Most Recent 13F
Q2 2026
Location
SARASOTA, FL
CIK
0001540826
Portfolio Value
$4.3B (Q2 2025)
SEC Filing
0001085146-25-004921 ↗ filed Aug 12, 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 Q1 2025 Q2 2025: $4.3B $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 160 stocks · $4.3B
HEI Heico Corp. 3.56% 461,693 $151.4M No change
TYL Tyler Technologies Inc. 3.47% 249,082 $147.7M Reduce 0.0%
MSCI MSCI Inc. 2.76% 203,971 $117.6M Add +0.0%
WCN Waste Connections Inc. 2.72% 620,713 $115.9M Reduce 0.0%
CTAS Cintas Corp. 2.62% 501,635 $111.8M Reduce -8.9%
LII Lennox International Inc. 2.52% 187,400 $107.4M Add +0.4%
FICO Fair Isaac Corp. 2.44% 56,900 $104.0M No change
WRB WR Berkley Corp. filed as BERKLEY W R CORP 2.23% 1,295,464 $95.2M Reduce -8.8%
CDNS Cadence Design SYS Inc. 2.09% 289,300 $89.1M No change
CASY Casey's General Stores Inc. 2.09% 174,200 $88.9M Add +2.1%
IT Gartner Inc. 2.06% 217,200 $87.8M No change
MPWR Monolithic Power Systems Inc. 2.00% 116,276 $85.0M No change
CACI Caci International Inc. Class A 1.97% 176,204 $84.0M No change
RSG Republic Services Inc. 1.87% 323,617 $79.8M Reduce -3.0%
MSI Motorola Solutions Inc. 1.74% 176,100 $74.0M No change
FIX Comfort Systems USA Inc. 1.67% 132,610 $71.1M Add +0.0%
ROP Roper Technologies Inc. 1.66% 124,369 $70.5M Add +36.4%
IDXX Idexx Laboratories Inc. 1.59% 126,217 $67.7M Add +0.0%
NOW ServiceNow Inc. 1.55% 64,364 $66.2M Reduce -2.7%
TDG Transdigm Group Inc. 1.52% 42,657 $64.9M Reduce -51.7%
AFG American Financial Group Inc. 1.48% 498,722 $62.9M No change
CDW CDW Corp. 1.44% 343,724 $61.4M Add +0.0%
NVDA Nvidia Corp. 1.41% 381,133 $60.2M Reduce -4.8%
CHE Chemed Corp. 1.41% 123,518 $60.1M Add +0.0%
META Meta Platforms Inc. Class A 1.31% 75,416 $55.7M Reduce -4.6%
COST Costco Wholesale Corp. 1.30% 56,100 $55.5M Reduce -1.8%
ICE Intercontinental Exchange Inc. 1.28% 297,833 $54.6M No change
POOL Pool Corp. 1.28% 187,261 $54.6M No change
BRO Brown & Brown Inc. 1.16% 444,900 $49.3M No change
IQV Iqvia Holdings Inc. 1.14% 309,000 $48.7M No change
ATR Aptargroup Inc. 1.13% 308,227 $48.2M Reduce 0.0%
SYK Stryker Corp. 1.13% 121,813 $48.2M No change
TDY Teledyne Technologies Inc. 1.12% 93,000 $47.6M Add +17.4%
INTU Intuit Inc. 1.01% 54,510 $42.9M Reduce -0.4%
GIB Cgi Inc. 0.98% 397,110 $41.6M No change
SPGI S&P Global Inc. 0.84% 68,192 $36.0M No change
NFLX Netflix Inc. 0.77% 24,505 $32.8M Reduce -4.3%
AMZN Amazon.com Inc. 0.76% 147,541 $32.4M Reduce -1.7%
AMD Advanced Micro Devices 0.76% 228,000 $32.4M Add +17.5%
UBER Uber Technologies Inc. 0.73% 333,000 $31.1M Reduce -27.8%
WST West Pharmaceutical Services 0.71% 137,616 $30.1M No change
CHDN Churchill Downs Inc. 0.70% 296,762 $30.0M No change
RLI Rli Corp. 0.70% 414,000 $29.9M No change
MRSH Marsh & McLennan Cos 0.68% 132,000 $28.9M No change
GOOGL Alphabet Inc. Class A 0.66% 160,000 $28.2M Add +10.3%
MSFT Microsoft Corp. 0.66% 56,532 $28.1M Add +2.7%
WWD Woodward Inc. 0.65% 113,602 $27.8M Add +5.6%
HOOD Robinhood Markets Inc. Class A 0.65% 295,000 $27.6M Reduce -20.3%
EXEL Exelixis Inc. 0.62% 595,067 $26.2M Add +12.3%
EXPO Exponent Inc. 0.61% 345,100 $25.8M No change
FSS Federal Signal Corp. 0.60% 240,883 $25.6M Add +0.0%
MSTR Strategy Inc. filed as MICROSTRATEGY INC 0.59% 62,500 $25.3M Reduce -16.7%
RBC RBC Bearings Inc. 0.59% 65,200 $25.1M Add +15.8%
SNPS Synopsys Inc. 0.58% 48,600 $24.9M Reduce -0.0%
AVGO Broadcom Inc. 0.58% 90,017 $24.8M Add +26.8%
WSO Watsco Inc. 0.58% 55,900 $24.7M No change
ACN Accenture PLC Class A 0.58% 82,123 $24.5M Reduce -20.4%
COIN Coinbase Global Inc. Class A 0.57% 69,007 $24.2M Reduce -10.4%
EXLS Exlservice Holdings Inc. 0.56% 545,103 $23.9M Add +0.0%
ENSG The Ensign Group Inc. 0.55% 151,700 $23.4M No change
WTS Watts Water Technologies-A 0.53% 92,060 $22.6M Add +15.4%
POST Post Holdings Inc. filed as POST HLDGS INC 0.52% 203,073 $22.1M Add +0.0%
FN Fabrinet 0.50% 71,700 $21.1M No change
TT Trane Technologies PLC 0.49% 48,000 $21.0M No change
BMI Badger Meter Inc. 0.49% 84,700 $20.7M Add +3.7%
APP AppLovin Corp. Class A 0.48% 59,011 $20.7M Add +293.1%
V Visa Inc. Class A 0.48% 58,024 $20.6M Reduce -9.4%
AIT Applied Industrial Tech Inc. 0.46% 84,000 $19.5M Add +20.3%
ZTS Zoetis Inc. 0.46% 125,000 $19.5M No change
TSLA Tesla Inc. 0.45% 61,000 $19.4M Reduce -1.6%
CRWD CrowdStrike Holdings Inc. Class A 0.41% 34,200 $17.4M Reduce -18.6%
ROL Rollins Inc. 0.40% 304,697 $17.2M Add +0.0%
MTD Mettler-Toledo International 0.39% 14,100 $16.6M No change
AAON Aaon Inc. 0.36% 208,500 $15.4M No change
EXAS Exact Sciences Corp. 0.35% 283,000 $15.0M Reduce -15.5%
SPSC SPS Commerce Inc. 0.33% 104,500 $14.2M No change
CRS Carpenter Technology 0.32% 49,000 $13.5M Reduce -0.1%
ROKU Roku Inc. 0.31% 150,000 $13.2M Add +30.4%
DKNG Draftkings Inc. Class A 0.31% 305,000 $13.1M Add +17.3%
CRM Salesforce Inc. 0.30% 47,506 $13.0M Reduce -8.7%
APPF Appfolio Inc. Class A 0.30% 55,449 $12.8M No change
MTSI Macom Technology Solutions H 0.29% 87,046 $12.5M No change
MA Mastercard Inc. Class A 0.29% 22,116 $12.4M No change
PRI Primerica Inc. 0.29% 44,400 $12.2M No change
RUSHA Rush Enterprises Inc. Class A 0.29% 235,722 $12.1M Add +20.6%
GATX Gatx Corp. 0.28% 78,809 $12.1M Add +66.6%
MSA Msa Safety Inc. 0.28% 72,200 $12.1M Add +2.9%
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.28% 66,708 $12.0M No change
TMO Thermo Fisher Scientific Inc. 0.28% 29,400 $11.9M No change
GPI Group 1 Automotive Inc. 0.26% 25,815 $11.3M No change
AYI Acuity Inc. 0.26% 37,000 $11.0M No change
MMSI Merit Medical Systems Inc. 0.26% 117,000 $10.9M No change
SF Stifel Financial Corp. 0.25% 104,422 $10.8M No change
DHR Danaher Corp. 0.25% 54,600 $10.8M No change
KAI Kadant Inc. 0.25% 33,600 $10.7M No change
EME Emcor Group Inc. 0.25% 19,607 $10.5M Reduce -46.4%
BKNG Booking Holdings Inc. 0.24% 1,802 $10.4M Reduce -34.5%
VRTX Vertex Pharmaceuticals Inc. 0.24% 22,700 $10.1M Reduce -20.4%
PLUS Eplus Inc. 0.24% 139,000 $10.0M No change
SHOP Shopify Inc. Class A 0.23% 84,000 $9.7M Reduce -11.6%
SIGI Selective Insurance Group 0.22% 110,193 $9.5M No change
MDGL Madrigal Pharmaceuticals Inc. 0.22% 31,000 $9.4M Add +210.0%
SLGN Silgan Holdings Inc. 0.22% 172,600 $9.4M No change
CVCO Cavco Industries Inc. 0.21% 20,800 $9.0M No change
WDAY Workday Inc. Class A 0.20% 36,000 $8.6M Reduce -14.3%
RIVN Rivian Automotive Inc. Class A 0.20% 620,000 $8.5M Reduce -8.8%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.19% 25,400 $8.1M No change
G Genpact Ltd. 0.19% 180,000 $7.9M No change
BLD Topbuild Corp. 0.19% 24,400 $7.9M No change
TXRH Texas Roadhouse Inc. 0.18% 41,600 $7.8M No change
FFIN First Finl Bankshares Inc. 0.17% 206,496 $7.4M No change
LLY Eli Lilly & Co. 0.17% 9,500 $7.4M New
WING Wingstop Inc. 0.17% 21,800 $7.3M No change
CROX Crocs Inc. 0.17% 71,721 $7.3M Add +0.0%
CSL Carlisle Cos Inc. 0.17% 19,400 $7.2M No change
FANG Diamondback Energy Inc. 0.17% 52,000 $7.1M Reduce -22.4%
JJSF J & J Snack Foods Corp. 0.17% 62,800 $7.1M Reduce -31.6%
MEDP Medpace Holdings Inc. 0.16% 22,105 $6.9M Add +0.0%
NSIT Insight Enterprises Inc. 0.16% 49,892 $6.9M Add +0.0%
MU Micron Technology Inc. 0.16% 55,000 $6.8M Add +44.7%
AAPL Apple Inc. 0.16% 33,039 $6.8M Reduce -35.3%
PGR Progressive Corp. 0.16% 25,300 $6.8M No change
SAIC Science Applications Inte 0.16% 59,630 $6.7M Add +0.1%
ANSS Ansys Inc. 0.16% 18,900 $6.6M No change
ACIW Aci Worldwide Inc. 0.15% 141,805 $6.5M Reduce -0.0%
SITE Siteone Landscape Supply Inc. 0.15% 51,100 $6.2M No change
ECL Ecolab Inc. 0.14% 22,100 $6.0M No change
GS Goldman Sachs Group Inc. 0.13% 7,600 $5.4M Reduce -20.0%
AGO Assured Guaranty Ltd. 0.12% 60,000 $5.2M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.12% 110,000 $5.2M Reduce -4.3%
BCPC Balchem Corp. 0.12% 32,500 $5.2M No change
BX Blackstone Inc. 0.12% 34,000 $5.1M Add +13.3%
LSTR Landstar System Inc. 0.11% 33,800 $4.7M No change
TNET Trinet Group Inc. 0.11% 63,322 $4.6M Add +0.0%
AWR American States Water Co. filed as AMER STATES WTR CO 0.11% 59,900 $4.6M No change
IBKR Interactive Brokers Gro Class A 0.10% 73,156 $4.1M Reduce -23.8%
FELE Franklin Electric Co. Inc. 0.09% 44,800 $4.0M Reduce -0.1%
SNAP Snap Inc. Class A 0.09% 460,000 $4.0M Reduce -30.3%
LYFT LYFT Inc. Class A 0.09% 240,060 $3.8M Add +0.0%
JPM JPMorgan Chase & Co. 0.09% 13,000 $3.8M Reduce -13.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.09% 30,000 $3.7M No change
TREX Trex Company Inc. 0.08% 64,000 $3.5M No change
BABA Alibaba Group Holding-SP ADR 0.08% 29,000 $3.3M Reduce -3.3%
CXT Crane NXT Co. 0.08% 60,800 $3.3M No change
HLT Hilton Worldwide Holdings Inc. 0.08% 12,017 $3.2M Reduce -7.7%
DAL Delta Air Lines Inc. 0.07% 64,000 $3.1M Reduce -14.7%
QLYS Qualys Inc. 0.07% 21,708 $3.1M Add +0.0%
CMG Chipotle Mexican Grill Inc. 0.07% 53,000 $3.0M Reduce -73.5%
SNX TD Synnex Corp. 0.07% 21,400 $2.9M No change
WD Walker & Dunlop Inc. 0.06% 38,900 $2.7M No change
NPO Enpro Inc. 0.06% 13,200 $2.5M No change
QCOM Qualcomm Inc. 0.06% 15,028 $2.4M Reduce -16.5%
PYPL PayPal Holdings Inc. 0.06% 32,000 $2.4M No change
DXCM Dexcom Inc. 0.06% 27,016 $2.4M Add +0.0%
BMRN Biomarin Pharmaceutical Inc. 0.05% 38,000 $2.1M Reduce -63.8%
PBH Prestige Consumer Healthcare 0.04% 19,400 $1.5M No change
HRI Herc Holdings Inc. filed as HERC HLDGS INC 0.03% 8,100 $1.1M No change
EFOR Everforth Inc. filed as ASGN INC 0.02% 20,100 $1.0M No change
WK Workiva Inc. 0.02% 11,900 $815K Reduce -84.4%
LFUS Littelfuse Inc. 0.02% 3,013 $683K Add +0.4%

Portfolio Sells Q1 2025 → Q2 2025
TDG Transdigm Group Inc. Reduce -51.7% 1.52% −1.49
ADBE Adobe Inc. Sold out 0.00% −0.64
EPAM Epam Systems Inc. Sold out 0.00% −0.29
WCN Waste Connections Inc. Reduce 0.0% 2.72% −0.27
WRB WR Berkley Corp. Reduce -8.8% 2.23% −0.26
ACN Accenture PLC Class A Reduce -20.4% 0.58% −0.22
CMG Chipotle Mexican Grill Inc. Reduce -73.5% 0.07% −0.18
CTAS Cintas Corp. Reduce -8.9% 2.62% −0.17
FCN Fti Consulting Inc. Sold out 0.00% −0.15
LULU Lululemon Athletica Inc. Sold out 0.00% −0.14
BMRN Biomarin Pharmaceutical Inc. Reduce -63.8% 0.05% −0.13
JJSF J & J Snack Foods Corp. Reduce -31.6% 0.17% −0.13
WK Workiva Inc. Reduce -84.4% 0.02% −0.12
RSG Republic Services Inc. Reduce -3.0% 1.87% −0.12
AAPL Apple Inc. Reduce -35.3% 0.16% −0.12
TYL Tyler Technologies Inc. Reduce 0.0% 3.47% −0.11
VRTX Vertex Pharmaceuticals Inc. Reduce -20.4% 0.24% −0.10
UBER Uber Technologies Inc. Reduce -27.8% 0.73% −0.10
FANG Diamondback Energy Inc. Reduce -22.4% 0.17% −0.10
EME Emcor Group Inc. Reduce -46.4% 0.25% −0.09
V Visa Inc. Class A Reduce -9.4% 0.48% −0.07
BKNG Booking Holdings Inc. Reduce -34.5% 0.24% −0.07
STZ Constellation Brands Inc. Class A Sold out 0.00% −0.06
SNAP Snap Inc. Class A Reduce -30.3% 0.09% −0.05
CRM Salesforce Inc. Reduce -8.7% 0.30% −0.04
WDAY Workday Inc. Class A Reduce -14.3% 0.20% −0.04
ACIW Aci Worldwide Inc. Reduce -0.0% 0.15% −0.04
USPH U.S. Physical Therapy Inc. Sold out 0.00% −0.03
COST Costco Wholesale Corp. Reduce -1.8% 1.30% −0.03
BABA Alibaba Group Holding-SP ADR Reduce -3.3% 0.08% −0.02
QCOM Qualcomm Inc. Reduce -16.5% 0.06% −0.01
FELE Franklin Electric Co. Inc. Reduce -0.1% 0.09% −0.01
RIVN Rivian Automotive Inc. Class A Reduce -8.8% 0.20% −0.01
DAL Delta Air Lines Inc. Reduce -14.7% 0.07% −0.01
EXAS Exact Sciences Corp. Reduce -15.5% 0.35% −0.01
IBKR Interactive Brokers Gro Class A Reduce -23.8% 0.10% −0.00
JPM JPMorgan Chase & Co. Reduce -13.3% 0.09% −0.00
GS Goldman Sachs Group Inc. Reduce -20.0% 0.13% −0.00
HLT Hilton Worldwide Holdings Inc. Reduce -7.7% 0.08% +0.00
ATR Aptargroup Inc. Reduce 0.0% 1.13% +0.00
SHOP Shopify Inc. Class A Reduce -11.6% 0.23% +0.00
BAC Bank of America Corp. Reduce -4.3% 0.12% +0.00
CRWD CrowdStrike Holdings Inc. Class A Reduce -18.6% 0.41% +0.04
AMZN Amazon.com Inc. Reduce -1.7% 0.76% +0.05
TSLA Tesla Inc. Reduce -1.6% 0.45% +0.06
MSTR Strategy Inc. Reduce -16.7% 0.59% +0.06
SNPS Synopsys Inc. Reduce -0.0% 0.58% +0.07
CRS Carpenter Technology Reduce -0.1% 0.32% +0.10
INTU Intuit Inc. Reduce -0.4% 1.01% +0.18
NFLX Netflix Inc. Reduce -4.3% 0.77% +0.18

Portfolio Buys Q1 2025 → Q2 2025
FIX Comfort Systems USA Inc. Add +0.0% 1.67% +0.61
APP AppLovin Corp. Class A Add +293.1% 0.48% +0.39
ROP Roper Technologies Inc. Add +36.4% 1.66% +0.33
AVGO Broadcom Inc. Add +26.8% 0.58% +0.29
IDXX Idexx Laboratories Inc. Add +0.0% 1.59% +0.28
AMD Advanced Micro Devices Add +17.5% 0.76% +0.27
CASY Casey's General Stores Inc. Add +2.1% 2.09% +0.26
LLY Eli Lilly & Co. New 0.17% +0.17
WWD Woodward Inc. Add +5.6% 0.65% +0.17
FSS Federal Signal Corp. Add +0.0% 0.60% +0.16
MSFT Microsoft Corp. Add +2.7% 0.66% +0.15
TDY Teledyne Technologies Inc. Add +17.4% 1.12% +0.15
RBC RBC Bearings Inc. Add +15.8% 0.59% +0.14
MDGL Madrigal Pharmaceuticals Inc. Add +210.0% 0.22% +0.14
EXEL Exelixis Inc. Add +12.3% 0.62% +0.13
WTS Watts Water Technologies-A Add +15.4% 0.53% +0.13
ROKU Roku Inc. Add +30.4% 0.31% +0.11
GOOGL Alphabet Inc. Class A Add +10.3% 0.66% +0.11
BMI Badger Meter Inc. Add +3.7% 0.49% +0.10
GATX Gatx Corp. Add +66.6% 0.28% +0.10
DKNG Draftkings Inc. Class A Add +17.3% 0.31% +0.09
CDW CDW Corp. Add +0.0% 1.44% +0.08
MU Micron Technology Inc. Add +44.7% 0.16% +0.08
AIT Applied Industrial Tech Inc. Add +20.3% 0.46% +0.07
MSA Msa Safety Inc. Add +2.9% 0.28% +0.03
RUSHA Rush Enterprises Inc. Class A Add +20.6% 0.29% +0.03
LYFT LYFT Inc. Class A Add +0.0% 0.09% +0.02
BX Blackstone Inc. Add +13.3% 0.12% +0.02
DXCM Dexcom Inc. Add +0.0% 0.06% +0.01
QLYS Qualys Inc. Add +0.0% 0.07% +0.01
LFUS Littelfuse Inc. Add +0.4% 0.02% +0.00
ROL Rollins Inc. Add +0.0% 0.40% −0.00
MEDP Medpace Holdings Inc. Add +0.0% 0.16% −0.00
SAIC Science Applications Inte Add +0.1% 0.16% −0.01
TNET Trinet Group Inc. Add +0.0% 0.11% −0.02
CROX Crocs Inc. Add +0.0% 0.17% −0.02
NSIT Insight Enterprises Inc. Add +0.0% 0.16% −0.02
POST Post Holdings Inc. Add +0.0% 0.52% −0.06
LII Lennox International Inc. Add +0.4% 2.52% −0.06
EXLS Exlservice Holdings Inc. Add +0.0% 0.56% −0.08
MSCI MSCI Inc. Add +0.0% 2.76% −0.09
CHE Chemed Corp. Add +0.0% 1.41% −0.46

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