EULAV Asset Management

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 28, 2025), EULAV Asset Management reported 154 stock positions worth $4.3 billion. Its top holding was Heico (HEI) at 3.1% of the portfolio, followed by Tyler Technologies (TYL, 3.0%) and MSCI (MSCI, 2.7%). Compared with Q2 2025, it opened 5 new positions, sold out of 11, added to 37 and reduced 45. The biggest buy was a new position in Coreweave Class A (CRWV) and the biggest sale Fair Isaac (FICO, shares −15%).

Most Recent 13F
Q2 2026
Location
SARASOTA, FL
CIK
0001540826
Portfolio Value
$4.3B (Q3 2025)
SEC Filing
0001540826-25-000003 ↗ filed Oct 28, 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 Q2 2025 Q3 2025: $4.3B $4.3B Q3 2025 Q4 2025: $3.7B Q4 2025 Q1 2026: $3.1B Q1 2026 Q2 2026: $3.1B Q2 2026

Holdings 154 stocks · $4.3B
HEI Heico Corp. 3.15% 419,693 $135.5M Reduce -9.1%
TYL Tyler Technologies Inc. 3.03% 249,082 $130.3M No change
MSCI MSCI Inc. 2.65% 200,972 $114.0M Reduce -1.5%
WCN Waste Connections Inc. 2.54% 620,713 $109.1M No change
CTAS Cintas Corp. 2.39% 501,635 $103.0M No change
CDNS Cadence Design SYS Inc. 2.36% 289,300 $101.6M No change
MPWR Monolithic Power Systems Inc. 2.32% 108,277 $99.7M Reduce -6.9%
FIX Comfort Systems USA Inc. 2.31% 120,608 $99.5M Reduce -9.1%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 2.31% 1,295,464 $99.3M No change
LII Lennox International Inc. 2.31% 187,400 $99.2M No change
CASY Casey's General Stores Inc. 2.29% 174,200 $98.5M No change
CACI Caci International Inc. Class A 2.04% 176,204 $87.9M No change
IDXX Idexx Laboratories Inc. 1.87% 126,220 $80.6M Add +0.0%
MSI Motorola Solutions Inc. 1.87% 176,100 $80.5M No change
RSG Republic Services Inc. 1.73% 323,603 $74.3M Reduce 0.0%
AFG American Financial Group Inc. 1.69% 498,692 $72.7M Reduce -0.0%
FICO Fair Isaac Corp. 1.69% 48,500 $72.6M Reduce -14.8%
ROP Roper Technologies Inc. 1.57% 135,669 $67.7M Add +9.1%
NVDA Nvidia Corp. 1.45% 335,123 $62.5M Reduce -12.1%
TDY Teledyne Technologies Inc. 1.45% 106,500 $62.4M Add +14.5%
NOW ServiceNow Inc. 1.38% 64,364 $59.2M No change
IQV Iqvia Holdings Inc. 1.36% 309,000 $58.7M No change
POOL Pool Corp. 1.35% 187,261 $58.1M No change
IT Gartner Inc. 1.33% 217,200 $57.1M No change
TDG Transdigm Group Inc. 1.27% 41,557 $54.8M Reduce -2.6%
CDW CDW Corp. 1.27% 343,735 $54.8M Add +0.0%
META Meta Platforms Inc. Class A 1.26% 74,013 $54.4M Reduce -1.9%
COST Costco Wholesale Corp. 1.21% 56,100 $51.9M No change
ICE Intercontinental Exchange Inc. 1.17% 297,833 $50.2M No change
SYK Stryker Corp. 1.05% 121,813 $45.0M No change
CHE Chemed Corp. 0.99% 95,205 $42.6M Reduce -22.9%
APP AppLovin Corp. Class A 0.98% 58,501 $42.0M Reduce -0.9%
ATR Aptargroup Inc. 0.97% 313,624 $41.9M Add +1.8%
BRO Brown & Brown Inc. 0.97% 444,900 $41.7M No change
HOOD Robinhood Markets Inc. Class A 0.95% 285,003 $40.8M Reduce -3.4%
GOOGL Alphabet Inc. Class A 0.89% 158,000 $38.4M Reduce -1.3%
GIB Cgi Inc. 0.82% 397,110 $35.4M No change
INTU Intuit Inc. 0.82% 51,410 $35.1M Reduce -5.7%
UBER Uber Technologies Inc. 0.79% 349,000 $34.2M Add +4.8%
SPGI S&P Global Inc. 0.77% 68,192 $33.2M No change
AMD Advanced Micro Devices 0.76% 203,000 $32.8M Reduce -11.0%
AMZN Amazon.com Inc. 0.75% 146,515 $32.2M Reduce -0.7%
FSS Federal Signal Corp. 0.72% 261,883 $31.2M Add +8.7%
RBC RBC Bearings Inc. 0.71% 78,600 $30.7M Add +20.6%
COIN Coinbase Global Inc. Class A 0.70% 89,000 $30.0M Add +29.0%
NFLX Netflix Inc. 0.68% 24,503 $29.4M Reduce -0.0%
MSFT Microsoft Corp. 0.68% 56,532 $29.3M No change
AVGO Broadcom Inc. 0.67% 87,018 $28.7M Reduce -3.3%
WWD Woodward Inc. 0.67% 113,600 $28.7M Reduce 0.0%
MSTR Strategy Inc. 0.65% 86,500 $27.9M Add +38.4%
WTS Watts Water Technologies-A 0.64% 99,060 $27.7M Add +7.6%
ENSG The Ensign Group Inc. 0.64% 159,100 $27.5M Add +4.9%
WST West Pharmaceutical Services 0.64% 104,616 $27.4M Reduce -24.0%
RLI Rli Corp. 0.63% 414,000 $27.0M No change
TSLA Tesla Inc. 0.62% 60,000 $26.7M Reduce -1.6%
MRSH Marsh & McLennan Cos 0.62% 132,000 $26.6M No change
CHDN Churchill Downs Inc. 0.61% 270,262 $26.2M Reduce -8.9%
FN Fabrinet 0.61% 71,700 $26.1M No change
AIT Applied Industrial Tech Inc. 0.61% 100,100 $26.1M Add +19.2%
EXLS Exlservice Holdings Inc. 0.60% 584,095 $25.7M Add +7.2%
POST Post Holdings Inc. filed as POST HLDGS INC 0.56% 225,071 $24.2M Add +10.8%
SNPS Synopsys Inc. 0.56% 48,600 $24.0M No change
EXEL Exelixis Inc. 0.55% 570,050 $23.5M Reduce -4.2%
MDGL Madrigal Pharmaceuticals Inc. 0.54% 51,000 $23.4M Add +64.5%
WSO Watsco Inc. 0.53% 55,900 $22.6M No change
EXPO Exponent Inc. 0.50% 311,600 $21.6M Reduce -9.7%
CRM Salesforce Inc. 0.49% 89,006 $21.1M Add +87.4%
TT Trane Technologies PLC 0.47% 48,000 $20.3M No change
AAON Aaon Inc. 0.45% 208,500 $19.5M No change
ROL Rollins Inc. 0.44% 324,697 $19.1M Add +6.6%
V Visa Inc. Class A 0.44% 55,023 $18.8M Reduce -5.2%
CRWV Coreweave Inc. Class A 0.43% 135,000 $18.5M New
ZTS Zoetis Inc. 0.43% 125,000 $18.3M No change
MTD Mettler-Toledo International 0.40% 14,100 $17.3M No change
CRWD CrowdStrike Holdings Inc. Class A 0.39% 34,200 $16.8M No change
MEDP Medpace Holdings Inc. 0.39% 32,511 $16.7M Add +47.1%
GATX Gatx Corp. 0.39% 95,309 $16.7M Add +20.9%
BMI Badger Meter Inc. 0.38% 91,200 $16.3M Add +7.7%
APPF Appfolio Inc. Class A 0.36% 55,449 $15.3M No change
RUSHA Rush Enterprises Inc. Class A 0.34% 276,100 $14.8M Add +17.1%
WDAY Workday Inc. Class A 0.34% 61,000 $14.7M Add +69.4%
EXAS Exact Sciences Corp. 0.34% 266,000 $14.6M Reduce -6.0%
TMO Thermo Fisher Scientific Inc. 0.33% 29,400 $14.3M No change
BLD Topbuild Corp. 0.33% 36,400 $14.2M Add +49.2%
SPXC SPX Technologies Inc. 0.31% 72,000 $13.4M New
ROKU Roku Inc. 0.31% 134,000 $13.4M Reduce -10.7%
MSA Msa Safety Inc. 0.31% 77,600 $13.4M Add +7.5%
PRI Primerica Inc. 0.31% 47,400 $13.2M Add +6.8%
MMSI Merit Medical Systems Inc. 0.31% 158,000 $13.2M Add +35.0%
INSM Insmed Inc. 0.30% 90,000 $13.0M New
AYI Acuity Inc. 0.30% 37,000 $12.7M No change
EME Emcor Group Inc. 0.30% 19,608 $12.7M Add +0.0%
CVCO Cavco Industries Inc. 0.30% 21,900 $12.7M Add +5.3%
MA Mastercard Inc. Class A 0.29% 22,113 $12.6M Reduce -0.0%
SHOP Shopify Inc. Class A 0.29% 84,000 $12.5M No change
GPI Group 1 Automotive Inc. 0.28% 28,015 $12.3M Add +8.5%
CRS Carpenter Technology 0.28% 49,000 $12.0M No change
SF Stifel Financial Corp. 0.28% 104,422 $11.8M No change
MTSI Macom Technology Solutions H 0.25% 87,046 $10.8M No change
DHR Danaher Corp. 0.25% 54,600 $10.8M No change

Show all 154 holdings

Portfolio Sells Q2 2025 → Q3 2025
FICO Fair Isaac Corp. Reduce -14.8% 1.69% −0.76
ACN Accenture PLC Class A Sold out 0.00% −0.58
CHE Chemed Corp. Reduce -22.9% 0.99% −0.42
HEI Heico Corp. Reduce -9.1% 3.15% −0.41
JKHY Jack Henry & Associates Inc. Sold out 0.00% −0.28
TDG Transdigm Group Inc. Reduce -2.6% 1.27% −0.25
SPSC SPS Commerce Inc. Reduce -44.9% 0.14% −0.19
INTU Intuit Inc. Reduce -5.7% 0.82% −0.19
ANSS Ansys Inc. Sold out 0.00% −0.16
RSG Republic Services Inc. Reduce 0.0% 1.73% −0.15
MSCI MSCI Inc. Reduce -1.5% 2.65% −0.11
EXPO Exponent Inc. Reduce -9.7% 0.50% −0.10
CROX Crocs Inc. Reduce -45.5% 0.08% −0.09
CHDN Churchill Downs Inc. Reduce -8.9% 0.61% −0.09
SNAP Snap Inc. Class A Sold out 0.00% −0.09
NFLX Netflix Inc. Reduce -0.0% 0.68% −0.09
FANG Diamondback Energy Inc. Reduce -51.9% 0.08% −0.08
DKNG Draftkings Inc. Class A Reduce -14.8% 0.23% −0.08
JJSF J & J Snack Foods Corp. Reduce -36.9% 0.09% −0.08
CMG Chipotle Mexican Grill Inc. Sold out 0.00% −0.07
WST West Pharmaceutical Services Reduce -24.0% 0.64% −0.07
EXEL Exelixis Inc. Reduce -4.2% 0.55% −0.07
PYPL PayPal Holdings Inc. Sold out 0.00% −0.06
BMRN Biomarin Pharmaceutical Inc. Sold out 0.00% −0.05
V Visa Inc. Class A Reduce -5.2% 0.44% −0.05
META Meta Platforms Inc. Class A Reduce -1.9% 1.26% −0.04
VRTX Vertex Pharmaceuticals Inc. Reduce -3.1% 0.20% −0.04
PBH Prestige Consumer Healthcare Sold out 0.00% −0.04
HRI Herc Holdings Inc. Sold out 0.00% −0.03
TREX Trex Company Inc. Reduce -25.0% 0.06% −0.02
EFOR Everforth Inc. Sold out 0.00% −0.02
WK Workiva Inc. Sold out 0.00% −0.02
EXAS Exact Sciences Corp. Reduce -6.0% 0.34% −0.01
DXCM Dexcom Inc. Reduce -0.1% 0.04% −0.01
AMZN Amazon.com Inc. Reduce -0.7% 0.75% −0.01
GS Goldman Sachs Group Inc. Reduce -14.3% 0.12% −0.01
MA Mastercard Inc. Class A Reduce -0.0% 0.29% +0.00
QCOM Qualcomm Inc. Reduce -0.0% 0.06% +0.00
ROKU Roku Inc. Reduce -10.7% 0.31% +0.00
AMD Advanced Micro Devices Reduce -11.0% 0.76% +0.00
BAC Bank of America Corp. Reduce -3.6% 0.13% +0.00
BX Blackstone Inc. Reduce -5.9% 0.13% +0.01
WWD Woodward Inc. Reduce 0.0% 0.67% +0.01
IBKR Interactive Brokers Gro Class A Reduce -3.9% 0.11% +0.02
ACIW Aci Worldwide Inc. Reduce 0.0% 0.17% +0.02
LYFT LYFT Inc. Class A Reduce -8.3% 0.11% +0.02
MU Micron Technology Inc. Reduce -9.1% 0.19% +0.04
NVDA Nvidia Corp. Reduce -12.1% 1.45% +0.04
AVGO Broadcom Inc. Reduce -3.3% 0.67% +0.08
TSLA Tesla Inc. Reduce -1.6% 0.62% +0.17

Portfolio Buys Q2 2025 → Q3 2025
CRWV Coreweave Inc. Class A New 0.43% +0.43
TDY Teledyne Technologies Inc. Add +14.5% 1.45% +0.33
MDGL Madrigal Pharmaceuticals Inc. Add +64.5% 0.54% +0.32
SPXC SPX Technologies Inc. New 0.31% +0.31
INSM Insmed Inc. New 0.30% +0.30
IDXX Idexx Laboratories Inc. Add +0.0% 1.87% +0.28
MEDP Medpace Holdings Inc. Add +47.1% 0.39% +0.23
CRM Salesforce Inc. Add +87.4% 0.49% +0.19
BR Broadridge Financial Solutio New 0.17% +0.17
AIT Applied Industrial Tech Inc. Add +19.2% 0.61% +0.15
BLD Topbuild Corp. Add +49.2% 0.33% +0.15
WDAY Workday Inc. Class A Add +69.4% 0.34% +0.14
COIN Coinbase Global Inc. Class A Add +29.0% 0.70% +0.13
SSD Simpson Manufacturing Co. Inc. New 0.13% +0.13
RBC RBC Bearings Inc. Add +20.6% 0.71% +0.12
FSS Federal Signal Corp. Add +8.7% 0.72% +0.12
WTS Watts Water Technologies-A Add +7.6% 0.64% +0.11
GATX Gatx Corp. Add +20.9% 0.39% +0.10
ENSG The Ensign Group Inc. Add +4.9% 0.64% +0.09
CVCO Cavco Industries Inc. Add +5.3% 0.30% +0.08
BABA Alibaba Group Holding-SP ADR Add +20.7% 0.15% +0.07
UBER Uber Technologies Inc. Add +4.8% 0.79% +0.07
RUSHA Rush Enterprises Inc. Class A Add +17.1% 0.34% +0.06
MSTR Strategy Inc. Add +38.4% 0.65% +0.05
EME Emcor Group Inc. Add +0.0% 0.30% +0.05
MMSI Merit Medical Systems Inc. Add +35.0% 0.31% +0.05
POST Post Holdings Inc. Add +10.8% 0.56% +0.04
CXT Crane NXT Co. Add +23.9% 0.12% +0.04
ROL Rollins Inc. Add +6.6% 0.44% +0.04
EXLS Exlservice Holdings Inc. Add +7.2% 0.60% +0.04
MSA Msa Safety Inc. Add +7.5% 0.31% +0.03
PRI Primerica Inc. Add +6.8% 0.31% +0.02
GPI Group 1 Automotive Inc. Add +8.5% 0.28% +0.02
BCPC Balchem Corp. Add +11.1% 0.13% +0.00
SLGN Silgan Holdings Inc. Add +26.1% 0.22% −0.00
HLT Hilton Worldwide Holdings Inc. Add +0.0% 0.07% −0.00
KAI Kadant Inc. Add +6.5% 0.25% −0.00
NSIT Insight Enterprises Inc. Add +0.0% 0.13% −0.03
ROP Roper Technologies Inc. Add +9.1% 1.57% −0.08
BMI Badger Meter Inc. Add +7.7% 0.38% −0.11
ATR Aptargroup Inc. Add +1.8% 0.97% −0.16
CDW CDW Corp. Add +0.0% 1.27% −0.17

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