Findlay Park Partners LLP
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Findlay Park Partners LLP reported 59 stock positions worth $10.1 billion. Its top holding was Accenture Class A (ACN) at 3.9% of the portfolio, followed by Liberty Media Class C (FWONK, 3.6%) and Microsoft (MSFT, 3.3%). Compared with Q3 2024, it opened 2 new positions, sold out of 2, added to 34 and reduced 22. The biggest buy was Arthur J Gallagher (AJG, shares +34%) and the biggest sale an exit from Alphabet Class C (GOOG).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001351950
- Portfolio Value
- $10.1B (Q4 2024)
- SEC Filing
- 0000943663-25-000051 ↗ filed Feb 14, 2025
Holdings Value
Holdings 59 stocks · $10.1B
| ACN Accenture PLC Class A | 3.91% | 1,118,198 | $393.4M | Add +0.3% |
| FWONK Liberty Media Corp. Class C | 3.58% | 3,885,713 | $360.1M | Reduce -0.8% |
| MSFT Microsoft Corp. | 3.28% | 783,410 | $330.2M | Reduce -0.8% |
| UNH Unitedhealth Group Inc. | 3.27% | 650,726 | $329.2M | Reduce -13.7% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 3.26% | 1,156,601 | $328.3M | Add +34.3% |
| LYV Live Nation Entertainment Inc. | 3.05% | 2,371,100 | $307.1M | Add +12.3% |
| SPGI S&P Global Inc. | 2.96% | 597,620 | $297.6M | Reduce -0.7% |
| MA Mastercard Inc. Class A | 2.75% | 526,490 | $277.2M | Reduce -24.1% |
| WST West Pharmaceutical Services | 2.72% | 834,706 | $273.4M | Add +0.8% |
| IT Gartner Inc. | 2.59% | 538,321 | $260.8M | Reduce -19.2% |
| SCHW Schwab (charles) Corp. | 2.46% | 3,347,769 | $247.8M | Add +18.9% |
| INTU Intuit Inc. | 2.43% | 389,745 | $245.0M | Reduce -0.5% |
| CP Canadian Pacific Kansas City | 2.32% | 3,230,096 | $233.8M | Reduce -0.4% |
| CBRE CBRE Group Inc. Class A | 2.29% | 1,754,716 | $230.4M | Reduce -13.2% |
| APG Api Group Corp. | 2.27% | 6,359,348 | $228.7M | Add +11.6% |
| EOG EOG Resources Inc. | 2.10% | 1,721,109 | $211.0M | Reduce -18.0% |
| CRH CRH PLC | 2.01% | 2,184,411 | $202.1M | Add +1.0% |
| WAT Waters Corp. | 1.94% | 525,169 | $194.8M | Add +2.8% |
| ACM Aecom | 1.91% | 1,801,127 | $192.4M | Reduce -18.1% |
| MRSH Marsh & McLennan Cos | 1.87% | 887,967 | $188.6M | Reduce -0.1% |
| KLAC KLA Corp. | 1.86% | 297,382 | $187.4M | No change |
| XPO Xpo Inc. | 1.84% | 1,409,200 | $184.8M | Reduce -0.1% |
| CNI Canadian Natl Railway Co. | 1.82% | 1,805,568 | $183.3M | Reduce -0.1% |
| COP Conocophillips | 1.78% | 1,810,471 | $179.5M | Reduce -14.4% |
| BLD Topbuild Corp. | 1.74% | 561,707 | $174.9M | Reduce -0.4% |
| TMO Thermo Fisher Scientific Inc. | 1.70% | 329,420 | $171.4M | Add +1.5% |
| WCN Waste Connections Inc. | 1.70% | 997,858 | $171.2M | Reduce -0.0% |
| URI United Rentals Inc. | 1.63% | 232,436 | $163.7M | Reduce -0.0% |
| RGLD Royal Gold Inc. | 1.60% | 1,224,430 | $161.4M | Add +0.1% |
| STE Steris PLC | 1.59% | 777,552 | $159.8M | Add +33.2% |
| MEDP Medpace Holdings Inc. | 1.56% | 473,100 | $157.2M | Add +0.5% |
| TDY Teledyne Technologies Inc. | 1.54% | 334,039 | $155.0M | Add +13.8% |
| A Agilent Technologies Inc. | 1.51% | 1,134,110 | $152.4M | Add +0.4% |
| MKTX Marketaxess Holdings Inc. | 1.51% | 670,900 | $151.7M | Add +6.3% |
| ICE Intercontinental Exchange Inc. | 1.50% | 1,011,469 | $150.7M | Reduce -23.4% |
| MLM Martin Marietta Materials | 1.45% | 282,842 | $146.1M | Reduce -26.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.43% | 318,436 | $144.3M | Add +1.7% |
| ELV Elevance Health Inc. | 1.35% | 369,351 | $136.3M | Add +1.8% |
| HLT Hilton Worldwide Holdings Inc. | 1.27% | 516,974 | $127.8M | Add +0.8% |
| MSCI MSCI Inc. | 1.21% | 203,600 | $122.2M | Add +1.1% |
| SHW The Sherwin-Williams Co. | 1.17% | 346,412 | $117.8M | Add +0.7% |
| KEYS Keysight Technologies Inc. | 1.13% | 707,152 | $113.6M | Add +1.0% |
| ECL Ecolab Inc. | 1.05% | 449,884 | $105.4M | Add +1.4% |
| ADI Analog Devices Inc. | 1.03% | 486,718 | $103.4M | Add +1.5% |
| ADSK Autodesk Inc. | 0.98% | 333,599 | $98.6M | Add +1.7% |
| ALC Alcon Inc. filed as ALCON AG | 0.97% | 1,152,634 | $97.8M | Add +1.6% |
| DHR Danaher Corp. | 0.97% | 425,000 | $97.6M | Add +2.9% |
| ILMN Illumina Inc. | 0.97% | 727,100 | $97.2M | Add +1.6% |
| FERG Ferguson Enterprises Inc. | 0.87% | 506,310 | $87.9M | Add +1.4% |
| POOL Pool Corp. | 0.85% | 252,175 | $86.0M | Add +1.9% |
| EFX Equifax Inc. | 0.85% | 333,800 | $85.1M | New |
| CDW CDW Corp. | 0.81% | 469,126 | $81.6M | Reduce -1.8% |
| AMAT Applied Materials Inc. | 0.69% | 427,200 | $69.5M | Add +4.3% |
| GLOB Globant SA | 0.65% | 306,400 | $65.7M | Add +95.8% |
| ETSY Etsy Inc. | 0.64% | 1,219,400 | $64.5M | New |
| TXN Texas Instruments Inc. | 0.59% | 317,531 | $59.5M | Add +3.8% |
| IEX Idex Corp. | 0.59% | 282,700 | $59.2M | Add +132.9% |
| ITT Itt Inc. | 0.58% | 408,600 | $58.4M | Add +716.1% |
| LLYVK Liberty Media Corp.-Liberty-C | 0.03% | 37,174 | $2.5M | Reduce -1.3% |
Portfolio Sells Q3 2024 → Q4 2024
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −1.89 |
| UNH Unitedhealth Group Inc. | Reduce -13.7% | 3.27% | −0.88 |
| ABNB Airbnb Inc. Class A | Sold out | 0.00% | −0.78 |
| IT Gartner Inc. | Reduce -19.2% | 2.59% | −0.59 |
| ICE Intercontinental Exchange Inc. | Reduce -23.4% | 1.50% | −0.50 |
| MLM Martin Marietta Materials | Reduce -26.3% | 1.45% | −0.50 |
| MA Mastercard Inc. Class A | Reduce -24.1% | 2.75% | −0.47 |
| BLD Topbuild Corp. | Reduce -0.4% | 1.74% | −0.43 |
| EOG EOG Resources Inc. | Reduce -18.0% | 2.10% | −0.34 |
| COP Conocophillips | Reduce -14.4% | 1.78% | −0.32 |
| CP Canadian Pacific Kansas City | Reduce -0.4% | 2.32% | −0.29 |
| ACM Aecom | Reduce -18.1% | 1.91% | −0.23 |
| CDW CDW Corp. | Reduce -1.8% | 0.81% | −0.21 |
| CNI Canadian Natl Railway Co. | Reduce -0.1% | 1.82% | −0.18 |
| URI United Rentals Inc. | Reduce -0.0% | 1.63% | −0.15 |
| CBRE CBRE Group Inc. Class A | Reduce -13.2% | 2.29% | −0.08 |
| MRSH Marsh & McLennan Cos | Reduce -0.1% | 1.87% | +0.00 |
| LLYVK Liberty Media Corp.-Liberty-C | Reduce -1.3% | 0.03% | +0.01 |
| WCN Waste Connections Inc. | Reduce -0.0% | 1.70% | +0.02 |
| SPGI S&P Global Inc. | Reduce -0.7% | 2.96% | +0.03 |
| MSFT Microsoft Corp. | Reduce -0.8% | 3.28% | +0.08 |
| INTU Intuit Inc. | Reduce -0.5% | 2.43% | +0.14 |
| XPO Xpo Inc. | Reduce -0.1% | 1.84% | +0.41 |
| FWONK Liberty Media Corp. Class C | Reduce -0.8% | 3.58% | +0.72 |
Portfolio Buys Q3 2024 → Q4 2024
| AJG Arthur J Gallagher & Co. | Add +34.3% | 3.26% | +0.98 |
| LYV Live Nation Entertainment Inc. | Add +12.3% | 3.05% | +0.87 |
| EFX Equifax Inc. | New | 0.85% | +0.85 |
| SCHW Schwab (charles) Corp. | Add +18.9% | 2.46% | +0.74 |
| ETSY Etsy Inc. | New | 0.64% | +0.64 |
| ITT Itt Inc. | Add +716.1% | 0.58% | +0.51 |
| APG Api Group Corp. | Add +11.6% | 2.27% | +0.50 |
| WST West Pharmaceutical Services | Add +0.8% | 2.72% | +0.37 |
| GLOB Globant SA | Add +95.8% | 0.65% | +0.36 |
| IEX Idex Corp. | Add +132.9% | 0.59% | +0.34 |
| TDY Teledyne Technologies Inc. | Add +13.8% | 1.54% | +0.33 |
| STE Steris PLC | Add +33.2% | 1.59% | +0.25 |
| WAT Waters Corp. | Add +2.8% | 1.94% | +0.20 |
| ACN Accenture PLC Class A | Add +0.3% | 3.91% | +0.19 |
| HLT Hilton Worldwide Holdings Inc. | Add +0.8% | 1.27% | +0.16 |
| ADSK Autodesk Inc. | Add +1.7% | 0.98% | +0.13 |
| CRH CRH PLC | Add +1.0% | 2.01% | +0.12 |
| MSCI MSCI Inc. | Add +1.1% | 1.21% | +0.11 |
| ILMN Illumina Inc. | Add +1.6% | 0.97% | +0.08 |
| MEDP Medpace Holdings Inc. | Add +0.5% | 1.56% | +0.08 |
| KEYS Keysight Technologies Inc. | Add +1.0% | 1.13% | +0.08 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +1.7% | 1.43% | +0.08 |
| TXN Texas Instruments Inc. | Add +3.8% | 0.59% | −0.00 |
| ADI Analog Devices Inc. | Add +1.5% | 1.03% | −0.01 |
| RGLD Royal Gold Inc. | Add +0.1% | 1.60% | −0.01 |
| MKTX Marketaxess Holdings Inc. | Add +6.3% | 1.51% | −0.02 |
| ECL Ecolab Inc. | Add +1.4% | 1.05% | −0.02 |
| POOL Pool Corp. | Add +1.9% | 0.85% | −0.03 |
| FERG Ferguson Enterprises Inc. | Add +1.4% | 0.87% | −0.06 |
| A Agilent Technologies Inc. | Add +0.4% | 1.51% | −0.07 |
| SHW The Sherwin-Williams Co. | Add +0.7% | 1.17% | −0.07 |
| AMAT Applied Materials Inc. | Add +4.3% | 0.69% | −0.09 |
| ALC Alcon Inc. | Add +1.6% | 0.97% | −0.10 |
| DHR Danaher Corp. | Add +2.9% | 0.97% | −0.11 |
| TMO Thermo Fisher Scientific Inc. | Add +1.5% | 1.70% | −0.19 |
| ELV Elevance Health Inc. | Add +1.8% | 1.35% | −0.43 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 49 | $7.4B | TDY, ITT, APG, CRH, XPO |
| Q1 2026 | 56 | $7.2B | ITT, EOG, APG, TDY, BRK.B |
| Q4 2025 | 57 | $7.8B | SPGI, MA, APG, AJG, ACN |
| Q3 2025 | 57 | $9.5B | MSFT, AJG, LYV, INTU, FWONK |
| Q2 2025 | 57 | $9.7B | MSFT, INTU, ACN, APG, LYV |
| Q1 2025 | 58 | $9.7B | AJG, LYV, SPGI, UNH, MA |
| Q4 2024 | 59 | $10.1B | ACN, FWONK, MSFT, UNH, AJG |
| Q3 2024 | 59 | $10.6B | UNH, ACN, MA, MSFT, IT |
| Q2 2024 | 56 | $10.6B | MSFT, NVDA, AJG, TMUS, ACN |
| Q1 2024 | 56 | $10.9B | MSFT, NVDA, MA, BLD, IT |