Impax Asset Management Group plc

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 29, 2025), Impax Asset Management Group plc reported 295 stock positions worth $16.6 billion. Its top holding was Linde (LIN) at 5.0% of the portfolio, followed by Microsoft (MSFT, 4.2%) and Xylem (XYL, 3.5%). Compared with Q4 2024, it opened 19 new positions, sold out of 36, added to 112 and reduced 133. The biggest buy was eBay (EBAY, shares +2536%) and the biggest sale Mastercard Class A (MA, shares −69%).

Most Recent 13F
Q2 2026
Location
LONDON, X0
CIK
0001749768
Portfolio Value
$16.6B (Q1 2025)
SEC Filing
0001749768-25-000042 ↗ filed Apr 29, 2025

Holdings Value

0$10.0B$20.0B$30.0B Q1 2024: $26.1B Q1 2024 Q2 2024: $24.6B Q2 2024 Q3 2024: $25.4B Q3 2024 Q4 2024: $22.1B Q4 2024 Q1 2025: $16.6B $16.6B Q1 2025 Q2 2025: $17.4B Q2 2025 Q3 2025: $17.1B Q3 2025 Q4 2025: $16.0B Q4 2025 Q1 2026: $14.3B Q1 2026 Q2 2026: $15.4B Q2 2026

Holdings 295 stocks · $16.6B

LIN Linde PLC 5.02% 1,794,517 $834.3M Reduce -20.2%
MSFT Microsoft Corp. 4.17% 1,846,615 $691.7M Reduce -22.1%
XYL Xylem Inc. 3.47% 4,836,497 $576.2M Reduce -13.0%
NVDA Nvidia Corp. 2.75% 4,220,817 $456.4M Reduce -20.8%
PNR Pentair PLC 2.61% 4,969,006 $433.8M Reduce -1.8%
VLTO Veralto Corp. 2.30% 3,924,722 $381.7M Reduce -1.6%
IEX Idex Corp. 2.19% 2,006,724 $363.2M Add +11.5%
WM Waste Management Inc. 2.11% 1,510,721 $349.7M Reduce -7.5%
A Agilent Technologies Inc. 2.07% 2,931,794 $343.0M Add +3.6%
AWK American Water Works Co. Inc. 2.05% 2,309,589 $340.7M Reduce -50.2%
AOS Smith (a.o.) Corp. 2.04% 5,188,561 $339.1M Add +67.3%
WMS Advanced Drainage Systems Inc. 1.90% 2,904,414 $314.7M Add +14.8%
HUBB Hubbell Inc. 1.83% 919,156 $303.4M Reduce -10.3%
TEL Te Connectivity PLC 1.65% 1,942,320 $273.8M Reduce -38.7%
KLAC KLA Corp. 1.59% 389,834 $264.3M Add +53.3%
RNR Renaissancere Holdings Ltd. 1.58% 1,097,306 $262.5M Reduce -41.6%
EBAY eBay Inc. 1.44% 3,535,290 $239.0M Add +2536.5%
AMAT Applied Materials Inc. 1.39% 1,595,646 $230.9M Reduce -39.0%
MRVL Marvell Technology Inc. 1.37% 3,700,841 $227.0M Add +748.3%
MTD Mettler-Toledo International 1.36% 191,467 $226.1M Reduce -3.7%
WTS Watts Water Technologies-A 1.36% 1,109,533 $225.6M Reduce -11.8%
SNPS Synopsys Inc. 1.25% 483,217 $207.2M Reduce -1.6%
CARR Carrier Global Corp. 1.25% 3,265,007 $207.0M Reduce -6.8%
TXN Texas Instruments Inc. 1.22% 1,123,688 $201.9M Reduce -3.1%
APTV Aptiv PLC 1.19% 3,314,676 $196.9M Reduce -30.4%
CTAS Cintas Corp. 1.17% 952,049 $194.9M Reduce -48.8%
SBS Cia Saneamento Basico DE-ADR filed as COMPANHIA DE SANEAMENTO BASI 1.16% 10,843,612 $193.0M Reduce -19.8%
CHE Chemed Corp. 1.12% 301,580 $185.6M Reduce -9.3%
RSG Republic Services Inc. 1.05% 719,397 $174.2M Reduce -16.1%
ANSS Ansys Inc. 1.03% 542,725 $171.8M Reduce -3.3%
ADSK Autodesk Inc. 0.99% 630,995 $165.2M Reduce -4.5%
ECL Ecolab Inc. 0.95% 625,384 $158.5M Reduce -4.3%
WAT Waters Corp. 0.94% 424,753 $156.6M Reduce -40.5%
ORA Ormat Technologies Inc. 0.94% 2,223,617 $156.2M Reduce -7.9%
MAS Masco Corp. 0.94% 2,244,341 $156.1M Reduce -2.2%
CNM Core & Main Inc. Class A 0.93% 3,208,041 $155.0M Reduce -6.5%
UNP Union Pacific Corp. 0.93% 655,314 $154.8M Add +5.2%
PTC PTC Inc. 0.89% 963,005 $147.9M Reduce -7.0%
TRMB Trimble Inc. 0.89% 2,268,619 $147.7M Reduce -11.9%
BSX Boston Scientific Corp. 0.88% 1,464,770 $146.4M Reduce -67.5%
RYN Rayonier Inc. 0.87% 5,227,844 $144.7M Reduce -12.3%
ACM Aecom 0.84% 1,503,370 $139.4M Reduce -2.2%
MA Mastercard Inc. Class A 0.83% 254,793 $138.3M Reduce -69.3%
ORCL Oracle Corp. 0.83% 990,041 $137.3M Reduce -51.0%
V Visa Inc. Class A 0.81% 384,284 $133.8M Reduce -60.9%
ZWS Zurn Elkay Water Solutions C 0.80% 4,016,374 $132.5M Reduce -1.8%
CDNS Cadence Design SYS Inc. 0.77% 509,008 $128.7M Reduce -58.8%
APH Amphenol Corp. Class A 0.77% 1,951,265 $128.0M New
SITE Siteone Landscape Supply Inc. 0.74% 1,010,816 $122.8M Reduce -2.2%
MPWR Monolithic Power Systems Inc. 0.72% 208,618 $120.1M Reduce -12.3%
LFUS Littelfuse Inc. 0.67% 566,393 $110.6M Reduce -14.8%
MRSH Marsh & McLennan Cos 0.64% 440,881 $106.4M Reduce -71.6%
GNRC Generac Holdings Inc. 0.63% 835,399 $105.0M Reduce -0.9%
TT Trane Technologies PLC 0.63% 308,053 $103.8M Reduce -27.9%
RGEN Repligen Corp. 0.61% 804,511 $101.5M Reduce -23.5%
MWA Mueller Water Products Inc. Class A 0.61% 3,967,669 $100.9M Reduce -13.4%
WCN Waste Connections Inc. 0.60% 516,905 $99.6M Add +69.3%
TMO Thermo Fisher Scientific Inc. 0.57% 192,838 $95.0M Reduce -69.1%
BSY Bentley Systems Inc. Class B 0.57% 2,415,979 $94.3M Reduce -3.1%
CLH Clean Harbors Inc. 0.57% 483,253 $94.0M Add +11.1%
AAPL Apple Inc. 0.56% 414,890 $92.2M Reduce -26.1%
VMI Valmont Industries 0.53% 311,088 $88.8M Reduce -3.5%
DAR Darling Ingredients Inc. 0.52% 2,772,289 $86.1M Reduce -7.3%
VOYA Voya Financial Inc. 0.52% 1,276,669 $86.0M Reduce -56.0%
ADI Analog Devices Inc. 0.49% 410,189 $81.9M Reduce -68.8%
GPK Graphic Packaging Holding Co. 0.49% 3,141,459 $80.8M Reduce -10.8%
FELE Franklin Electric Co. Inc. 0.48% 843,614 $79.2M Reduce -2.2%
DHR Danaher Corp. 0.47% 380,174 $77.3M Reduce -58.9%
GOOGL Alphabet Inc. Class A 0.46% 492,626 $76.2M Reduce -25.8%
CGNX Cognex Corp. 0.43% 2,427,715 $72.1M Reduce -52.2%
HDB HDFC Bank Ltd.-ADR 0.41% 1,041,998 $68.5M Reduce -66.8%
AZEK The Azek Co. Inc. 0.40% 1,376,510 $66.4M Reduce -10.4%
CFR Cullen/Frost Bankers Inc. 0.39% 518,387 $64.4M Add +350.8%
ISRG Intuitive Surgical Inc. 0.38% 127,713 $62.6M Reduce -36.0%
NOW ServiceNow Inc. 0.37% 76,559 $60.6M Add +51.2%
DCI Donaldson Co. Inc. 0.35% 878,632 $58.1M Add +27.5%
TREX Trex Company Inc. 0.32% 909,388 $52.8M Add +0.3%
NVT Nvent Electric PLC 0.31% 996,668 $51.7M Add +54.0%
LLY Eli Lilly & Co. 0.31% 61,438 $50.7M Add +31.9%
MKC McCormick & Co.-Non VTG SHRS 0.27% 547,368 $45.1M Reduce -19.9%
JPM JPMorgan Chase & Co. 0.27% 180,793 $44.3M Reduce -34.5%
ZTS Zoetis Inc. 0.25% 254,407 $41.7M Add +152.8%
PG The Procter & Gamble Co. 0.25% 241,842 $41.2M Reduce -19.3%
AMZN Amazon.com Inc. 0.25% 214,880 $40.9M Add +128.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.24% 400,759 $39.6M Reduce -22.6%
VRT Vertiv Holdings Co. Class A 0.23% 532,069 $38.4M Add +7.0%
PGR Progressive Corp. 0.23% 133,753 $37.9M Add +100.6%
AAON Aaon Inc. 0.22% 469,850 $36.2M New
VCTR Victory Capital Holding - A 0.22% 625,000 $36.2M No change
MRK Merck & Co. Inc. 0.22% 399,284 $35.8M Reduce -10.4%
GILD Gilead Sciences Inc. 0.19% 284,006 $31.8M Reduce -25.4%
CSL Carlisle Cos Inc. 0.18% 86,748 $29.5M Reduce -8.5%
LGND Ligand Pharmaceuticals 0.18% 280,208 $29.5M No change
AMT American Tower Corp. 0.17% 130,979 $28.5M Add +294.0%
AAMI Acadian Asset Management Inc. 0.17% 1,100,000 $28.4M Add +10.0%
PLD Prologis Inc. 0.17% 249,265 $27.9M Reduce -22.8%
CME Cme Group Inc. 0.16% 102,635 $27.2M Reduce -29.4%
SBUX Starbucks Corp. 0.16% 262,760 $25.8M Reduce -16.0%
CVS CVS Health Corp. 0.15% 379,107 $25.7M Reduce -14.0%
BALL Ball Corp. 0.15% 480,660 $25.0M Add +4.8%
SWK Stanley Black & Decker Inc. 0.14% 302,480 $23.3M Reduce -29.0%
PANW Palo Alto Networks Inc. 0.14% 134,048 $22.9M Reduce -24.9%
CL Colgate-Palmolive Co. 0.14% 239,850 $22.5M Add +1105.0%
VTR Ventas Inc. 0.13% 310,286 $21.3M Reduce -19.5%
DOLE Dole PLC 0.12% 1,426,311 $20.6M Reduce -5.0%
ROIV Roivant Sciences Ltd. 0.12% 2,000,000 $20.2M No change
MIDD Middleby Corp. 0.12% 132,496 $20.1M Reduce -22.2%
AVTR Avantor Inc. 0.12% 1,225,255 $19.9M Reduce -31.5%
USFD US Foods Holding Corp. 0.12% 300,000 $19.6M No change
ABT Abbott Laboratories 0.12% 147,623 $19.6M Reduce -63.1%
ULTA Ulta Beauty Inc. 0.12% 53,229 $19.5M Reduce -48.4%
CFG Citizens Financial Group 0.12% 475,429 $19.5M Reduce -28.8%
HHH Howard Hughes Holdings Inc. 0.12% 262,705 $19.5M Add +2.1%
AVGO Broadcom Inc. 0.11% 108,968 $18.2M Add +1.4%
CMG Chipotle Mexican Grill Inc. 0.11% 357,084 $17.9M Add +22.8%
SEE Sealed Air Corp. 0.10% 574,197 $16.6M Add +6.7%
COO The Cooper Cos Inc. 0.10% 198,249 $16.5M Reduce -89.9%
UBER Uber Technologies Inc. 0.09% 203,122 $14.8M New
CNH CNH Industrial NV 0.09% 1,201,004 $14.7M Reduce -29.2%
INTU Intuit Inc. 0.09% 23,860 $14.6M Add +6.6%
IP International Paper Co. 0.08% 259,208 $13.8M New
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC 0.08% 119,955 $13.7M Reduce -11.1%
PLNT Planet Fitness Inc. Class A 0.08% 139,271 $13.5M Reduce -2.7%
PCRX Pacira Biosciences Inc. 0.08% 540,027 $13.4M No change
KEY Keycorp 0.08% 838,173 $13.4M Reduce -28.1%
ESI Element Solutions Inc. 0.08% 591,946 $13.4M Reduce -7.8%
EBC Eastern Bankshares Inc. 0.08% 815,540 $13.4M No change
C Citigroup Inc. 0.08% 181,011 $12.8M Reduce -0.7%
EXTR Extreme Networks Inc. 0.08% 955,178 $12.6M Add +41.5%
ELV Elevance Health Inc. 0.08% 28,670 $12.5M Add +12.0%
HCAT Health Catalyst Inc. 0.07% 2,750,000 $12.5M No change
NTCT Netscout Systems Inc. 0.07% 580,000 $12.2M Add +1.8%
PBH Prestige Consumer Healthcare 0.07% 135,000 $11.6M No change
NFLX Netflix Inc. 0.07% 12,262 $11.4M Reduce -10.0%
AGCO Agco Corp. 0.07% 123,475 $11.4M Add +11.1%
NBIX Neurocrine Biosciences Inc. 0.07% 100,000 $11.1M Reduce -61.8%
WH Wyndham Hotels & Resorts Inc. 0.07% 120,000 $10.9M Reduce -11.1%
JNJ Johnson & Johnson 0.06% 65,018 $10.8M Reduce -6.3%
SIBN Si-Bone Inc. 0.06% 766,761 $10.8M No change
MMSI Merit Medical Systems Inc. 0.06% 100,000 $10.6M Reduce -16.7%
ACN Accenture PLC Class A 0.06% 33,390 $10.4M Add +3.3%
FERG Ferguson Enterprises Inc. 0.06% 64,613 $10.4M Reduce -1.9%
EMR Emerson Electric Co. 0.06% 94,207 $10.3M Reduce -10.0%
EIX Edison International 0.06% 174,276 $10.3M Add +25.6%
OTIS Otis Worldwide Corp. 0.06% 96,827 $10.0M Reduce -9.3%
HUBS HubSpot Inc. 0.06% 16,738 $9.6M Add +220.2%
KO The Coca-Cola Co. 0.06% 132,448 $9.5M Reduce -14.3%
CSCO Cisco Systems Inc. 0.05% 147,136 $9.1M Reduce -11.3%
CIEN Ciena Corp. 0.05% 149,914 $9.1M Add +14.9%
ONTO Onto Innovation Inc. 0.05% 74,057 $9.0M Reduce -19.6%
SMPL The Simply Good Foods Co. 0.05% 258,620 $8.9M No change
WK Workiva Inc. 0.05% 113,586 $8.6M No change
K Kellanova 0.05% 101,988 $8.4M Add +49.3%
GIS General Mills Inc. 0.05% 138,827 $8.3M Reduce -0.7%
ENOV Enovis Corp. 0.05% 210,630 $8.0M No change
BMY Bristol-Myers Squibb Co. 0.05% 131,431 $8.0M Reduce -11.3%
INSP Inspire Medical Systems Inc. 0.05% 50,000 $8.0M No change
LNN Lindsay Corp. 0.05% 62,768 $7.9M Reduce -13.6%
TTGT Techtarget Inc. 0.05% 526,387 $7.8M Add +23.4%
NPO Enpro Inc. 0.05% 48,000 $7.8M Reduce -31.4%
ADC Agree Realty Corp. 0.05% 100,000 $7.7M Reduce -13.0%
FITB Fifth Third Bancorp 0.05% 196,770 $7.7M Add +30.8%
WSC Willscot Holdings Corp. 0.05% 275,000 $7.6M Add +27.9%
TRNO Terreno Realty Corp. 0.05% 120,000 $7.6M No change
MRUS Merus NV 0.05% 180,000 $7.6M No change
ALV Autoliv Inc. 0.04% 84,358 $7.5M Add +11.9%
HR Healthcare Realty Trust Inc. 0.04% 440,000 $7.4M No change
PNFP Pinnacle Financial Partners 0.04% 70,000 $7.4M New
CMI Cummins Inc. 0.04% 23,483 $7.4M Add +12.3%
LYFT LYFT Inc. Class A 0.04% 600,000 $7.1M New
CYTK Cytokinetics Inc. 0.04% 175,000 $7.0M No change
MITK Mitek Systems Inc. 0.04% 850,000 $7.0M Add +70.0%
CAH Cardinal Health Inc. 0.04% 50,254 $6.9M Reduce -20.4%
MAR Marriott International Class A 0.04% 28,768 $6.9M Add +8.2%
COLM Columbia Sportswear Co. 0.04% 90,515 $6.9M No change
WTW Willis Towers Watson PLC 0.04% 20,148 $6.8M Reduce -15.6%
TRS Trimas Corp. 0.04% 290,000 $6.8M Reduce -29.3%
CRM Salesforce Inc. 0.04% 24,975 $6.7M Reduce -0.6%
CWST Casella Waste Systems Inc. Class A 0.04% 60,000 $6.7M No change
EXPE Expedia Group Inc. 0.04% 39,776 $6.7M Reduce -2.4%
MSA Msa Safety Inc. 0.04% 45,089 $6.6M No change
DY Dycom Industries Inc. 0.04% 43,000 $6.6M No change
CDW CDW Corp. 0.04% 40,302 $6.5M Reduce -2.4%
BBY Best Buy Co. Inc. 0.04% 87,088 $6.4M Reduce -1.4%
NX Quanex Building Products 0.04% 337,750 $6.3M No change
ACA Arcosa Inc. 0.04% 81,000 $6.2M Reduce -36.5%
ARRY Array Technologies Inc. 0.04% 1,250,000 $6.1M No change
ATEN A10 Networks Inc. 0.04% 360,000 $5.9M Reduce -38.7%
GTES Gates Industrial Corp. UK Ltd. 0.04% 317,713 $5.8M No change
FRPT Freshpet Inc. 0.04% 70,000 $5.8M Add +40.0%
OMC Omnicom Group 0.03% 69,881 $5.8M Reduce -2.4%
LULU Lululemon Athletica Inc. 0.03% 20,126 $5.7M Add +5.4%
VITL Vital Farms Inc. 0.03% 185,000 $5.6M Add +48.0%
RIVN Rivian Automotive Inc. Class A 0.03% 450,000 $5.6M New
TVTX Travere Therapeutics Inc. 0.03% 300,000 $5.4M No change
GOOG Alphabet Inc. Class C 0.03% 33,291 $5.2M Add +2.2%
TSM Taiwan Semiconductor-SP ADR 0.03% 30,958 $5.1M Add +27.2%
BIIB Biogen Inc. 0.03% 35,846 $4.9M Reduce -2.4%
LII Lennox International Inc. 0.03% 8,670 $4.9M Reduce -95.4%
MET Metlife Inc. 0.03% 59,793 $4.8M Add +3.6%
HRI Herc Holdings Inc. filed as HERC HLDGS INC 0.03% 35,000 $4.7M Reduce -87.5%
BAH Booz Allen Hamilton Holdings 0.03% 44,506 $4.7M Reduce -2.4%
HIG Hartford Insurance Group Inc. 0.03% 37,326 $4.6M Add +3.6%
MOD Modine Manufacturing Co. 0.03% 60,000 $4.6M New
DECK Deckers Outdoor Corp. 0.03% 40,507 $4.5M Reduce -1.6%
MCD McDonald's Corp. 0.03% 14,465 $4.5M Add +15.2%
VC Visteon Corp. 0.03% 57,500 $4.5M No change
SPT Sprout Social Inc. Class A 0.03% 188,724 $4.2M No change
HD Home Depot Inc. 0.03% 11,306 $4.1M Add +13.0%
SPGI S&P Global Inc. 0.02% 7,908 $4.0M Add +0.0%
EGHT 8X8 Inc. 0.02% 2,000,000 $4.0M No change
ILMN Illumina Inc. 0.02% 50,270 $4.0M Reduce -12.8%
ETN Eaton Corp. PLC 0.02% 14,539 $4.0M Add +126.9%
WELL Welltower Inc. 0.02% 24,989 $3.8M Reduce -9.3%
MELI MercadoLibre Inc. 0.02% 1,948 $3.8M Reduce -3.9%
IDXX Idexx Laboratories Inc. 0.02% 8,853 $3.7M Add +3.6%
BFAM Bright Horizons Family Solut 0.02% 29,044 $3.7M Add +13.8%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.02% 42,510 $3.6M Add +3.6%
URI United Rentals Inc. 0.02% 5,649 $3.5M Add +1.0%
IQV Iqvia Holdings Inc. 0.02% 19,826 $3.5M Reduce -90.2%
VRTX Vertex Pharmaceuticals Inc. 0.02% 6,999 $3.4M Add +1.1%
APD Air Products & Chemicals Inc. 0.02% 11,110 $3.3M Add +3.6%
CASY Casey's General Stores Inc. 0.02% 7,401 $3.2M Add +13.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.02% 12,455 $3.1M Add +3.6%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.02% 39,428 $3.1M Reduce -25.9%
AXP American Express Co. 0.02% 10,797 $2.9M Reduce -1.3%
NEE Nextera Energy Inc. 0.02% 37,562 $2.7M Add +15.9%
AMGN Amgen Inc. 0.01% 7,573 $2.4M Add +3.6%
PINS Pinterest Inc. Class A 0.01% 72,840 $2.3M No change
SYK Stryker Corp. 0.01% 5,984 $2.2M No change
ARE Alexandria Real Estate Equit 0.01% 22,093 $2.0M Add +23.1%
PPG PPG Industries Inc. 0.01% 18,553 $2.0M Reduce -92.7%
DLR Digital Realty Trust Inc. 0.01% 12,837 $1.8M Add +97.7%
OABI Omniab Inc. 0.01% 761,387 $1.8M No change
QCOM Qualcomm Inc. 0.01% 11,442 $1.8M Add +3.6%
EA Electronic Arts Inc. 0.01% 12,059 $1.7M Add +3.6%
DUOL Duolingo 0.01% 5,563 $1.7M Reduce -9.7%
DASH DoorDash Inc. Class A 0.01% 8,890 $1.6M New
ONON On Holding AG Class A filed as ON HLDG AG 0.01% 36,942 $1.6M Add +62.6%
EW Edwards Lifesciences Corp. 0.01% 18,069 $1.3M Add +3.6%
ROK Rockwell Automation Inc. 0.01% 4,941 $1.3M Add +36.8%
MCK McKesson Corp. 0.01% 1,846 $1.2M Add +3.5%
KEYS Keysight Technologies Inc. 0.01% 8,129 $1.2M Add +3.5%
AA Alcoa Corp. 0.01% 38,761 $1.2M Add +40.6%
TEAM Atlassian Corp. Class A 0.01% 5,540 $1.2M Reduce -83.0%
IVZ Invesco Ltd. 0.01% 77,334 $1.2M Add +3.6%
HAS Hasbro Inc. 0.01% 18,304 $1.1M Add +45.3%
FBIN Fortune Brands Innovations I 0.01% 18,413 $1.1M Add +3.6%
MBLY Mobileye Global Inc. Class A 0.01% 77,142 $1.1M Add +17.8%
DAY Dayforce Inc. 0.01% 18,822 $1.1M Add +3.6%
VRSK Verisk Analytics Inc. 0.01% 3,682 $1.1M Add +3.5%
TFC Truist Financial Corp. 0.01% 26,596 $1.1M Add +3.6%
M Macy's Inc. 0.01% 86,074 $1.1M Add +3.6%
WSM Williams-Sonoma Inc. 0.01% 6,678 $1.1M Add +3.5%
PNC PNC Financial Services Group 0.01% 5,763 $1.0M Add +3.6%
MLM Martin Marietta Materials 0.01% 2,102 $1.0M Add +3.5%
AYI Acuity Inc. 0.01% 3,658 $963K Add +3.5%
IRDM Iridium Communications Inc. 0.01% 35,227 $962K Add +3.6%
CNC Centene Corp. 0.01% 15,754 $956K Add +3.6%
MUSA Murphy USA Inc. 0.01% 1,981 $931K Add +59.5%
PRU Prudential Financial Inc. 0.01% 8,224 $918K Add +3.6%
PYPL PayPal Holdings Inc. 0.01% 13,960 $911K Add +3.6%
ADBE Adobe Inc. 0.01% 2,267 $869K Add +3.6%
ALL Allstate Corp. 0.01% 4,194 $868K Add +3.6%
ETSY Etsy Inc. 0.01% 18,388 $868K Reduce -83.5%
WY Weyerhaeuser Co. 0.01% 29,358 $860K Reduce -96.7%
MTN Vail Resorts Inc. 0.01% 5,144 $823K Add +3.6%
VFC VF Corp. 0.00% 52,783 $819K Add +3.6%
ITW Illinois Tool Works 0.00% 3,274 $812K Add +3.5%
CFLT Confluent Inc. Class A 0.00% 34,311 $804K Add +56.6%
HBAN Huntington Bancshares Inc. 0.00% 53,192 $798K Add +3.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.00% 18,924 $790K Add +3.6%
AMD Advanced Micro Devices 0.00% 7,672 $788K Add +3.6%
REGN Regeneron Pharmaceuticals 0.00% 1,228 $779K Reduce -53.0%
SHW The Sherwin-Williams Co. 0.00% 2,226 $777K Add +3.5%
CCI Crown Castle Inc. 0.00% 7,365 $768K Add +3.6%
SBAC SBA Communications Corp. 0.00% 3,478 $765K Add +3.5%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.00% 758 $749K Add +3.5%
WDAY Workday Inc. Class A 0.00% 3,171 $741K Add +3.6%
LEA Lear Corp. 0.00% 8,159 $720K Add +3.5%
TTEK Tetra Tech Inc. 0.00% 24,600 $720K Add +3.6%
HPE Hewlett Packard Enterprise 0.00% 46,175 $712K Add +3.6%
GEHC GE Healthcare Technology 0.00% 8,745 $706K Add +3.5%
DFS Discover Financial Services 0.00% 3,951 $674K New
GTM Zoominfo Technologies Inc. 0.00% 66,701 $667K Add +3.6%
COR Cencora Inc. 0.00% 2,381 $662K New
INGR Ingredion Inc. 0.00% 4,780 $646K New
BWA Borgwarner Inc. 0.00% 22,543 $646K New
CBRE CBRE Group Inc. Class A 0.00% 4,937 $646K Reduce -87.2%
MCO Moody's Corp. 0.00% 1,377 $641K New
INTC Intel Corp. 0.00% 28,093 $638K New
LLYVA Liberty Media Corp.-Liberty-A 0.00% 9,478 $637K New
DPZ Domino's Pizza Inc. 0.00% 1,378 $633K New
JCI Johnson Controls Internation 0.00% 7,856 $629K New
SPOT Spotify Technology SA 0.00% 1,111 $611K New

Portfolio Sells Q4 2024 → Q1 2025

MA Mastercard Inc. Class A Reduce -69.3% 0.83% −1.14
BSX Boston Scientific Corp. Reduce -67.5% 0.88% −0.94
CDNS Cadence Design SYS Inc. Reduce -58.8% 0.77% −0.90
TMO Thermo Fisher Scientific Inc. Reduce -69.1% 0.57% −0.89
STE Steris PLC Sold out 0.00% −0.88
MRSH Marsh & McLennan Cos Reduce -71.6% 0.64% −0.85
ADI Analog Devices Inc. Reduce -68.8% 0.49% −0.77
COO The Cooper Cos Inc. Reduce -89.9% 0.10% −0.72
ORCL Oracle Corp. Reduce -51.0% 0.83% −0.70
V Visa Inc. Class A Reduce -60.9% 0.81% −0.60
ALTR Altair Engineering Inc. Class A Sold out 0.00% −0.59
AWK American Water Works Co. Inc. Reduce -50.2% 2.05% −0.56
AMAT Applied Materials Inc. Reduce -39.0% 1.39% −0.53
RNR Renaissancere Holdings Ltd. Reduce -41.6% 1.58% −0.53
DHR Danaher Corp. Reduce -58.9% 0.47% −0.49
HDB HDFC Bank Ltd.-ADR Reduce -66.8% 0.41% −0.49
LII Lennox International Inc. Reduce -95.4% 0.03% −0.49
NVDA Nvidia Corp. Reduce -20.8% 2.75% −0.49
TEL Te Connectivity PLC Reduce -38.7% 1.65% −0.40
CGNX Cognex Corp. Reduce -52.2% 0.43% −0.39
VOYA Voya Financial Inc. Reduce -56.0% 0.52% −0.38
CTAS Cintas Corp. Reduce -48.8% 1.17% −0.36
MSFT Microsoft Corp. Reduce -22.1% 4.17% −0.35
WAT Waters Corp. Reduce -40.5% 0.94% −0.26
HRI Herc Holdings Inc. Reduce -87.5% 0.03% −0.21
UPS United Parcel Service Class B Sold out 0.00% −0.18
TGT Target Corp. Sold out 0.00% −0.17
LOW Lowe's Cos Inc. Sold out 0.00% −0.16
DELL Dell Technologies -C Sold out 0.00% −0.16
IQV Iqvia Holdings Inc. Reduce -90.2% 0.02% −0.16
CB Chubb Ltd. Sold out 0.00% −0.14
HLT Hilton Worldwide Holdings Inc. Sold out 0.00% −0.13
PPG PPG Industries Inc. Reduce -92.7% 0.01% −0.13
APTV Aptiv PLC Reduce -30.4% 1.19% −0.12
HUBB Hubbell Inc. Reduce -10.3% 1.83% −0.11
GOOGL Alphabet Inc. Class A Reduce -25.8% 0.46% −0.11
WY Weyerhaeuser Co. Reduce -96.7% 0.01% −0.11
ENPH Enphase Energy Inc. Sold out 0.00% −0.10
NBIX Neurocrine Biosciences Inc. Reduce -61.8% 0.07% −0.10
ALGN Align Technology Inc. Sold out 0.00% −0.09
ISRG Intuitive Surgical Inc. Reduce -36.0% 0.38% −0.09
TT Trane Technologies PLC Reduce -27.9% 0.63% −0.09
ABT Abbott Laboratories Reduce -63.1% 0.12% −0.09
SHLS Shoals Technologies Group -A Sold out 0.00% −0.09
ULTA Ulta Beauty Inc. Reduce -48.4% 0.12% −0.09
AVY Avery Dennison Corp. Sold out 0.00% −0.08
AAPL Apple Inc. Reduce -26.1% 0.56% −0.08
CCK Crown Holdings Inc. Sold out 0.00% −0.08
RGEN Repligen Corp. Reduce -23.5% 0.61% −0.07
AVTR Avantor Inc. Reduce -31.5% 0.12% −0.05

Portfolio Buys Q4 2024 → Q1 2025

EBAY eBay Inc. Add +2536.5% 1.44% +1.40
MRVL Marvell Technology Inc. Add +748.3% 1.37% +1.15
AOS Smith (a.o.) Corp. Add +67.3% 2.04% +1.08
KLAC KLA Corp. Add +53.3% 1.59% +0.87
APH Amphenol Corp. Class A New 0.77% +0.77
WMS Advanced Drainage Systems Inc. Add +14.8% 1.90% +0.57
IEX Idex Corp. Add +11.5% 2.19% +0.48
WCN Waste Connections Inc. Add +69.3% 0.60% +0.37
A Agilent Technologies Inc. Add +3.6% 2.07% +0.34
CFR Cullen/Frost Bankers Inc. Add +350.8% 0.39% +0.32
UNP Union Pacific Corp. Add +5.2% 0.93% +0.29
AAON Aaon Inc. New 0.22% +0.22
ZTS Zoetis Inc. Add +152.8% 0.25% +0.18
PGR Progressive Corp. Add +100.6% 0.23% +0.16
AMZN Amazon.com Inc. Add +128.4% 0.25% +0.15
AMT American Tower Corp. Add +294.0% 0.17% +0.14
LLY Eli Lilly & Co. Add +31.9% 0.31% +0.14
DCI Donaldson Co. Inc. Add +27.5% 0.35% +0.14
CL Colgate-Palmolive Co. Add +1105.0% 0.14% +0.13
NOW ServiceNow Inc. Add +51.2% 0.37% +0.12
CLH Clean Harbors Inc. Add +11.1% 0.57% +0.12
NVT Nvent Electric PLC Add +54.0% 0.31% +0.11
UBER Uber Technologies Inc. New 0.09% +0.09
IP International Paper Co. New 0.08% +0.08
AAMI Acadian Asset Management Inc. Add +10.0% 0.17% +0.05
PNFP Pinnacle Financial Partners New 0.04% +0.04
LYFT LYFT Inc. Class A New 0.04% +0.04
HUBS HubSpot Inc. Add +220.2% 0.06% +0.04
BALL Ball Corp. Add +4.8% 0.15% +0.04
TREX Trex Company Inc. Add +0.3% 0.32% +0.03
RIVN Rivian Automotive Inc. Class A New 0.03% +0.03
ELV Elevance Health Inc. Add +12.0% 0.08% +0.03
CMG Chipotle Mexican Grill Inc. Add +22.8% 0.11% +0.03
MOD Modine Manufacturing Co. New 0.03% +0.03
HHH Howard Hughes Holdings Inc. Add +2.1% 0.12% +0.03
K Kellanova Add +49.3% 0.05% +0.03
EXTR Extreme Networks Inc. Add +41.5% 0.08% +0.02
INTU Intuit Inc. Add +6.6% 0.09% +0.02
AGCO Agco Corp. Add +11.1% 0.07% +0.02
FITB Fifth Third Bancorp Add +30.8% 0.05% +0.02
NTCT Netscout Systems Inc. Add +1.8% 0.07% +0.02
SEE Sealed Air Corp. Add +6.7% 0.10% +0.02
MITK Mitek Systems Inc. Add +70.0% 0.04% +0.02
ETN Eaton Corp. PLC Add +126.9% 0.02% +0.01
WSC Willscot Holdings Corp. Add +27.9% 0.05% +0.01
ALV Autoliv Inc. Add +11.9% 0.04% +0.01
VITL Vital Farms Inc. Add +48.0% 0.03% +0.01
EIX Edison International Add +25.6% 0.06% +0.01
CMI Cummins Inc. Add +12.3% 0.04% +0.01
ACN Accenture PLC Class A Add +3.3% 0.06% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 284$15.4BKLAC, NVDA, LIN, XYL, MSFT
Q1 2026 287$14.3BLIN, NVDA, XYL, KLAC, MSFT
Q4 2025 279$16.0BLIN, MSFT, XYL, NVDA, HUBB
Q3 2025 275$17.1BLIN, MSFT, XYL, NVDA, VLTO
Q2 2025 280$17.4BLIN, MSFT, XYL, NVDA, PNR
Q1 2025 295$16.6BLIN, MSFT, XYL, NVDA, PNR
Q4 2024 312$22.1BMSFT, LIN, NVDA, XYL, AWK
Q3 2024Amended 313$25.4BMSFT, LIN, AWK, PNR, NVDA
Q2 2024Amended 315$24.6BMSFT, LIN, AWK, PNR, AMAT
Q1 2024 308$26.1BMSFT, LIN, AWK, PNR, CTAS