Impax Asset Management Group plc

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 6, 2025), Impax Asset Management Group plc reported 275 stock positions worth $17.1 billion. Its top holding was Linde (LIN) at 5.3% of the portfolio, followed by Microsoft (MSFT, 4.7%) and Xylem (XYL, 4.6%). Compared with Q2 2025, it opened 21 new positions, sold out of 26, added to 64 and reduced 144. The biggest buy was Aptiv (APTV, shares +54%) and the biggest sale Mettler-Toledo International (MTD, shares −81%).

Most Recent 13F
Q2 2026
Location
LONDON, X0
CIK
0001749768
Portfolio Value
$17.1B (Q3 2025)
SEC Filing
0001749768-25-000052 ↗ filed Nov 6, 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 Q1 2025 Q2 2025: $17.4B Q2 2025 Q3 2025: $17.1B $17.1B Q3 2025 Q4 2025: $16.0B Q4 2025 Q1 2026: $14.3B Q1 2026 Q2 2026: $15.4B Q2 2026

Holdings 275 stocks · $17.1B

LIN Linde PLC 5.29% 1,908,814 $906.7M Add +0.5%
MSFT Microsoft Corp. 4.71% 1,558,008 $807.0M Reduce -1.6%
XYL Xylem Inc. 4.57% 5,318,101 $782.9M Reduce -3.3%
NVDA Nvidia Corp. 3.46% 3,179,954 $593.3M Reduce -16.6%
VLTO Veralto Corp. 2.38% 3,839,722 $408.5M Add +3.9%
HUBB Hubbell Inc. 2.35% 937,136 $402.4M Reduce -6.9%
PNR Pentair PLC 2.31% 3,585,069 $396.3M Reduce -18.7%
APTV Aptiv PLC 2.28% 4,523,145 $390.0M Add +54.5%
A Agilent Technologies Inc. 2.22% 2,961,796 $380.1M Reduce -2.0%
AOS Smith (a.o.) Corp. 2.08% 4,850,158 $356.1M Add +3.4%
WMS Advanced Drainage Systems Inc. 2.02% 2,500,076 $345.8M Reduce -17.9%
IEX Idex Corp. 1.86% 1,960,819 $319.1M Reduce -0.3%
RNR Renaissancere Holdings Ltd. 1.81% 1,220,424 $309.9M Add +0.0%
SNPS Synopsys Inc. 1.78% 621,909 $305.5M Add +0.6%
MRVL Marvell Technology Inc. 1.78% 3,628,126 $304.3M Add +6.5%
KLAC KLA Corp. 1.58% 252,188 $271.2M Reduce -26.9%
EBAY eBay Inc. 1.49% 2,813,001 $255.8M Reduce -26.2%
ZTS Zoetis Inc. 1.45% 1,693,701 $247.8M Add +43.9%
CARR Carrier Global Corp. 1.44% 4,147,476 $246.7M Add +54.2%
WM Waste Management Inc. 1.44% 1,117,078 $246.7M Add +0.4%
AWK American Water Works Co. Inc. 1.40% 1,729,024 $240.7M Reduce -0.4%
AMAT Applied Materials Inc. 1.29% 1,079,832 $221.1M Reduce -19.4%
CTAS Cintas Corp. 1.24% 1,039,226 $213.3M Add +14.3%
WTS Watts Water Technologies-A 1.21% 745,622 $207.5M Reduce -15.1%
SBS Cia Saneamento Basico DE-ADR filed as COMPANHIA DE SANEAMENTO BASI 1.19% 8,202,920 $203.3M Reduce -10.3%
ITRI Itron Inc. 1.15% 1,588,950 $197.2M Add +127.3%
MA Mastercard Inc. Class A 1.15% 345,960 $196.8M Add +8.4%
TEL Te Connectivity PLC 1.10% 856,297 $188.0M Reduce -48.3%
ACM Aecom 1.07% 1,402,073 $182.9M Reduce -7.6%
UNP Union Pacific Corp. 1.06% 768,272 $181.6M Add +26.7%
MAS Masco Corp. 1.02% 2,482,960 $174.8M Reduce -5.8%
ECL Ecolab Inc. 0.99% 620,340 $169.9M Reduce -5.0%
ORCL Oracle Corp. 0.99% 602,136 $169.3M Reduce -37.1%
BSX Boston Scientific Corp. 0.98% 1,727,380 $168.6M Add +19.1%
ORA Ormat Technologies Inc. 0.98% 1,763,110 $168.3M Reduce -12.9%
CDNS Cadence Design SYS Inc. 0.91% 446,342 $156.8M Reduce -3.8%
TRMB Trimble Inc. 0.90% 1,910,478 $154.5M Reduce -10.1%
RSG Republic Services Inc. 0.87% 647,983 $148.7M Reduce -4.2%
ZWS Zurn Elkay Water Solutions C 0.86% 3,128,146 $147.1M Reduce -36.6%
PTC PTC Inc. 0.86% 729,164 $146.5M Reduce -2.9%
CNM Core & Main Inc. Class A 0.81% 2,593,222 $139.6M Reduce -19.2%
VRT Vertiv Holdings Co. Class A 0.81% 918,200 $138.5M Add +94.4%
APH Amphenol Corp. Class A 0.81% 1,116,115 $138.1M Reduce -23.5%
ADSK Autodesk Inc. 0.70% 378,321 $120.2M Reduce -31.0%
MPWR Monolithic Power Systems Inc. 0.70% 131,401 $120.0M Reduce -24.4%
SITE Siteone Landscape Supply Inc. 0.69% 920,661 $118.6M Reduce -8.9%
LFUS Littelfuse Inc. 0.68% 456,031 $117.1M Reduce -5.8%
CFR Cullen/Frost Bankers Inc. 0.68% 920,833 $116.7M Add +11.9%
VMI Valmont Industries 0.68% 299,491 $116.1M Reduce -4.5%
CHE Chemed Corp. 0.66% 253,182 $113.4M Reduce -5.4%
WCN Waste Connections Inc. 0.66% 653,811 $113.2M Add +3.3%
TT Trane Technologies PLC 0.64% 261,508 $110.3M Reduce -4.0%
NOW ServiceNow Inc. 0.63% 117,153 $107.8M Add +32.6%
FELE Franklin Electric Co. Inc. 0.62% 1,121,191 $106.7M Reduce -10.1%
DHR Danaher Corp. 0.59% 506,029 $100.3M Reduce -3.1%
TREX Trex Company Inc. 0.58% 1,934,581 $99.4M Add +93.0%
BSY Bentley Systems Inc. Class B 0.58% 1,943,672 $99.2M Reduce -17.8%
ISRG Intuitive Surgical Inc. 0.56% 213,773 $95.6M Add +60.5%
AAPL Apple Inc. 0.56% 373,893 $95.2M Reduce -5.1%
RGEN Repligen Corp. 0.54% 703,237 $93.0M Reduce -7.6%
TXN Texas Instruments Inc. 0.53% 497,310 $91.4M Reduce -47.1%
MRSH Marsh & McLennan Cos 0.51% 430,210 $86.7M Reduce -10.8%
MWA Mueller Water Products Inc. Class A 0.50% 3,364,757 $85.9M No change
AAON Aaon Inc. 0.49% 916,047 $84.7M Add +56.0%
NVT Nvent Electric PLC 0.49% 857,515 $83.5M Reduce -7.4%
AMZN Amazon.com Inc. 0.46% 362,358 $79.6M Reduce -0.1%
WAT Waters Corp. 0.46% 263,546 $79.0M Reduce -3.9%
GNRC Generac Holdings Inc. 0.45% 463,101 $76.9M Reduce -41.6%
TMO Thermo Fisher Scientific Inc. 0.42% 150,031 $72.8M Reduce -12.0%
CLH Clean Harbors Inc. 0.34% 252,141 $57.7M Reduce -29.2%
HDB HDFC Bank Ltd.-ADR 0.34% 1,687,380 $57.6M Reduce -11.4%
PGR Progressive Corp. 0.33% 229,039 $56.6M Reduce -3.6%
JPM JPMorgan Chase & Co. 0.31% 166,326 $52.5M Reduce -18.7%
GOOGL Alphabet Inc. Class A 0.29% 205,107 $49.9M Reduce -49.1%
URI United Rentals Inc. 0.28% 50,058 $47.8M Add +4.4%
LLY Eli Lilly & Co. 0.26% 59,329 $45.3M Reduce -14.3%
MTD Mettler-Toledo International 0.24% 33,016 $40.5M Reduce -80.7%
VCTR Victory Capital Holding - A 0.23% 600,000 $38.9M No change
AVGO Broadcom Inc. 0.23% 117,582 $38.8M Reduce -14.6%
AAMI Acadian Asset Management Inc. 0.22% 765,484 $36.9M Reduce -23.4%
DAR Darling Ingredients Inc. 0.21% 1,184,294 $36.6M Reduce -0.7%
LGND Ligand Pharmaceuticals 0.21% 200,208 $35.5M Reduce -23.1%
MKC McCormick & Co.-Non VTG SHRS 0.19% 491,130 $32.9M Reduce -3.6%
PNFP Pinnacle Financial Partners 0.19% 348,237 $32.7M Add +248.2%
RYN Rayonier Inc. 0.18% 1,159,058 $30.8M Reduce -53.3%
GILD Gilead Sciences Inc. 0.18% 276,671 $30.7M Reduce -6.1%
NFLX Netflix Inc. 0.16% 23,173 $27.8M New
PANW Palo Alto Networks Inc. 0.16% 134,797 $27.4M Reduce -6.1%
ROIV Roivant Sciences Ltd. 0.16% 1,800,000 $27.2M Reduce -10.0%
AMT American Tower Corp. 0.15% 134,031 $25.8M Add +19.2%
CSL Carlisle Cos Inc. 0.15% 77,668 $25.5M Reduce -4.5%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.14% 215,505 $24.7M Reduce -6.2%
SEE Sealed Air Corp. 0.14% 691,491 $24.4M Add +1.6%
ULTA Ulta Beauty Inc. 0.13% 42,068 $23.0M Reduce -7.5%
JNJ Johnson & Johnson 0.13% 121,457 $22.5M Add +14.7%
DOLE Dole PLC 0.13% 1,675,545 $22.5M Add +9.8%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.13% 23,182 $22.1M Add +197.6%
CMG Chipotle Mexican Grill Inc. 0.12% 543,604 $21.3M Add +14.4%
UBER Uber Technologies Inc. 0.12% 213,202 $20.9M Reduce -9.7%
CL Colgate-Palmolive Co. 0.12% 252,965 $20.2M Add +0.5%
PLNT Planet Fitness Inc. Class A 0.12% 194,271 $20.2M Add +22.0%
BALL Ball Corp. 0.12% 392,862 $19.8M Reduce -17.0%
GPK Graphic Packaging Holding Co. 0.11% 986,942 $19.3M Reduce -57.5%
MIDD Middleby Corp. 0.11% 141,429 $18.8M Reduce -6.3%
EBC Eastern Bankshares Inc. 0.11% 1,000,000 $18.1M Add +22.6%
CFG Citizens Financial Group 0.10% 338,104 $18.0M Reduce -9.7%
TSM Taiwan Semiconductor-SP ADR 0.10% 63,414 $17.7M Add +109.4%
EXTR Extreme Networks Inc. 0.10% 855,178 $17.7M No change
VTR Ventas Inc. 0.10% 249,885 $17.5M Reduce -7.0%
ABT Abbott Laboratories 0.10% 128,472 $17.2M Reduce -9.6%
FERG Ferguson Enterprises Inc. 0.10% 73,488 $16.5M Add +22.1%
AGCO Agco Corp. 0.09% 150,467 $16.1M Reduce -22.4%
USFD US Foods Holding Corp. 0.09% 210,000 $16.1M Reduce -5.9%
CIEN Ciena Corp. 0.09% 110,239 $16.1M Reduce -42.0%
EMR Emerson Electric Co. 0.09% 120,193 $15.8M Add +30.0%
PCRX Pacira Biosciences Inc. 0.09% 600,027 $15.5M Add +27.7%
CME Cme Group Inc. 0.09% 56,672 $15.3M Reduce -9.6%
SIBN Si-Bone Inc. 0.09% 1,025,010 $15.1M Add +48.2%
CNH CNH Industrial NV 0.09% 1,390,088 $15.1M Add +1.6%
NTCT Netscout Systems Inc. 0.09% 580,000 $15.0M No change
ESI Element Solutions Inc. 0.09% 591,946 $14.9M No change
STT State Street Corp. 0.09% 127,984 $14.8M Add +49.2%
ADC Agree Realty Corp. 0.08% 200,000 $14.2M Add +150.0%
C Citigroup Inc. 0.08% 136,947 $13.9M Reduce -13.6%
VOYA Voya Financial Inc. 0.08% 182,379 $13.6M Reduce -46.4%
ACA Arcosa Inc. 0.08% 141,500 $13.3M Add +74.7%
LYFT LYFT Inc. Class A 0.08% 600,000 $13.2M No change
INTU Intuit Inc. 0.08% 19,168 $13.1M Reduce -1.8%
GOOG Alphabet Inc. Class C 0.07% 52,215 $12.7M Add +25.4%
DY Dycom Industries Inc. 0.07% 43,000 $12.5M No change
V Visa Inc. Class A 0.07% 35,441 $12.1M Reduce -88.0%
MRK Merck & Co. Inc. 0.07% 143,965 $12.1M Reduce -2.1%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.07% 110,592 $12.1M Reduce -2.6%
WK Workiva Inc. 0.07% 136,086 $11.7M Add +19.8%
MITK Mitek Systems Inc. 0.07% 1,195,000 $11.7M Add +40.6%
TVTX Travere Therapeutics Inc. 0.07% 475,000 $11.4M No change
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC 0.07% 119,955 $11.2M Reduce -7.1%
NPO Enpro Inc. 0.06% 48,000 $10.8M No change
WRBY Warby Parker Inc. Class A 0.06% 385,000 $10.6M Add +28.3%
NBIX Neurocrine Biosciences Inc. 0.06% 75,000 $10.5M Reduce -34.8%
OTIS Otis Worldwide Corp. 0.06% 112,578 $10.3M Add +2.3%
ARRY Array Technologies Inc. 0.06% 1,250,000 $10.2M No change
PG The Procter & Gamble Co. 0.06% 65,954 $10.1M Reduce -2.8%
SPGI S&P Global Inc. 0.06% 19,792 $9.6M Reduce -2.1%
CYTK Cytokinetics Inc. 0.06% 175,000 $9.6M No change
WH Wyndham Hotels & Resorts Inc. 0.06% 120,000 $9.6M No change
ONTO Onto Innovation Inc. 0.06% 74,057 $9.6M No change
ENOV Enovis Corp. 0.06% 310,630 $9.4M Add +47.5%
EIX Edison International 0.05% 169,541 $9.4M Reduce -2.7%
ALV Autoliv Inc. 0.05% 75,760 $9.4M Add +0.1%
CSCO Cisco Systems Inc. 0.05% 133,680 $9.1M Reduce -2.6%
ELV Elevance Health Inc. 0.05% 28,294 $9.1M Add +2.8%
QCOM Qualcomm Inc. 0.05% 54,725 $9.1M Reduce -2.3%
HHH Howard Hughes Holdings Inc. 0.05% 110,000 $9.0M Reduce -53.2%
TRS Trimas Corp. 0.05% 230,000 $8.9M Reduce -20.7%
LNN Lindsay Corp. 0.05% 62,768 $8.8M No change
HPE Hewlett Packard Enterprise 0.05% 349,282 $8.6M Reduce -21.8%
CMI Cummins Inc. 0.05% 20,283 $8.6M Reduce -19.6%
AMD Advanced Micro Devices 0.05% 52,068 $8.4M Add +326.5%
MMSI Merit Medical Systems Inc. 0.05% 100,000 $8.3M No change
KO The Coca-Cola Co. 0.05% 120,284 $8.0M Reduce -2.9%
GTES Gates Industrial Corp. UK Ltd. 0.05% 317,713 $7.9M No change
HCAT Health Catalyst Inc. 0.05% 2,750,000 $7.8M No change
CWST Casella Waste Systems Inc. Class A 0.04% 80,000 $7.6M Add +33.3%
ACN Accenture PLC Class A 0.04% 30,729 $7.6M Reduce -2.8%
HD Home Depot Inc. 0.04% 18,138 $7.3M Reduce -1.4%
GIS General Mills Inc. 0.04% 138,771 $7.0M Reduce -1.7%
AXP American Express Co. 0.04% 20,706 $6.9M Add +7.7%
PBH Prestige Consumer Healthcare 0.04% 110,000 $6.9M No change
TRNO Terreno Realty Corp. 0.04% 120,000 $6.8M No change
MAR Marriott International Class A 0.04% 26,127 $6.8M Reduce -2.9%
TPR Tapestry Inc. 0.04% 59,742 $6.8M New
BMY Bristol-Myers Squibb Co. 0.04% 148,044 $6.7M Reduce -2.8%
SBUX Starbucks Corp. 0.04% 78,740 $6.7M Reduce -2.9%
WSM Williams-Sonoma Inc. 0.04% 34,039 $6.7M Add +164.4%
RIVN Rivian Automotive Inc. Class A 0.04% 450,000 $6.6M No change
TWLO Twilio Inc. Class A 0.04% 65,636 $6.6M New
ATEN A10 Networks Inc. 0.04% 360,000 $6.5M No change
PRU Prudential Financial Inc. 0.04% 62,666 $6.5M Reduce -2.9%
SMPL The Simply Good Foods Co. 0.04% 258,620 $6.4M No change
CAH Cardinal Health Inc. 0.04% 40,480 $6.4M Reduce -2.9%
WTW Willis Towers Watson PLC 0.04% 18,299 $6.3M Reduce -2.9%
PLD Prologis Inc. 0.04% 54,487 $6.2M Reduce -74.6%
TGT Target Corp. 0.04% 69,222 $6.2M Reduce -2.9%
BBY Best Buy Co. Inc. 0.04% 80,455 $6.1M Reduce -2.4%
HPQ HP Inc. 0.04% 221,857 $6.0M Reduce -2.9%
MSA Msa Safety Inc. 0.04% 35,000 $6.0M Reduce -22.4%
WSC Willscot Holdings Corp. 0.03% 275,000 $5.8M No change
MOD Modine Manufacturing Co. 0.03% 40,000 $5.7M Reduce -33.3%
IDXX Idexx Laboratories Inc. 0.03% 8,646 $5.5M Reduce -2.3%
WGS Genedx Holdings Corp. 0.03% 50,000 $5.4M New
MET Metlife Inc. 0.03% 63,211 $5.2M Reduce -2.3%
TTGT Techtarget Inc. 0.03% 888,887 $5.2M No change
LULU Lululemon Athletica Inc. 0.03% 28,740 $5.1M Reduce -2.9%
AMGN Amgen Inc. 0.03% 17,735 $5.0M Reduce -2.3%
HIG Hartford Insurance Group Inc. 0.03% 36,451 $4.9M Reduce -2.3%
ADI Analog Devices Inc. 0.03% 19,688 $4.8M Reduce -94.2%
NX Quanex Building Products 0.03% 337,750 $4.8M No change
VC Visteon Corp. 0.03% 40,000 $4.8M Reduce -30.4%
MELI MercadoLibre Inc. 0.03% 2,039 $4.8M Add +0.2%
COLM Columbia Sportswear Co. 0.03% 90,515 $4.7M No change
BIIB Biogen Inc. 0.03% 33,056 $4.6M Reduce -1.4%
LII Lennox International Inc. 0.03% 8,467 $4.5M Reduce -2.3%
VITL Vital Farms Inc. 0.03% 108,915 $4.5M Reduce -41.1%
ADBE Adobe Inc. 0.03% 12,358 $4.4M Reduce -2.3%
EGHT 8X8 Inc. 0.02% 2,000,000 $4.2M No change
FRPT Freshpet Inc. 0.02% 70,000 $3.9M No change
PYPL PayPal Holdings Inc. 0.02% 56,992 $3.8M Reduce -2.9%
NEE Nextera Energy Inc. 0.02% 48,298 $3.6M Reduce -1.8%
LPLA LPL Financial Holdings Inc. 0.02% 9,836 $3.3M Reduce -2.3%
PNC PNC Financial Services Group 0.02% 15,949 $3.2M Add +176.8%
DECK Deckers Outdoor Corp. 0.02% 30,192 $3.1M No change
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.02% 49,081 $3.0M Add +189.4%
PODD Insulet Corp. 0.02% 9,667 $3.0M New
DLR Digital Realty Trust Inc. 0.02% 17,127 $3.0M Reduce -1.8%
WELL Welltower Inc. 0.02% 16,548 $2.9M Reduce -10.1%
BFAM Bright Horizons Family Solut 0.01% 21,822 $2.4M Add +0.2%
M Macy's Inc. 0.01% 127,683 $2.3M Reduce -2.3%
ROK Rockwell Automation Inc. 0.01% 6,487 $2.3M Reduce -2.3%
SYK Stryker Corp. 0.01% 5,984 $2.2M No change
ONON On Holding AG Class A filed as ON HLDG AG 0.01% 51,274 $2.2M Add +0.2%
DUOL Duolingo 0.01% 5,865 $1.9M Add +0.2%
AYI Acuity Inc. 0.01% 5,356 $1.8M Reduce -2.3%
VRTX Vertex Pharmaceuticals Inc. 0.01% 4,622 $1.8M No change
EW Edwards Lifesciences Corp. 0.01% 22,632 $1.8M Reduce -2.3%
LRCX Lam Research Corp. 0.01% 12,513 $1.7M Reduce -2.3%
FITB Fifth Third Bancorp 0.01% 37,103 $1.7M Reduce -81.3%
CRH CRH PLC 0.01% 13,537 $1.6M New
BWA Borgwarner Inc. 0.01% 36,776 $1.6M Reduce -2.3%
LOW Lowe's Cos Inc. 0.01% 6,286 $1.6M Reduce -2.3%
BR Broadridge Financial Solutio 0.01% 6,403 $1.5M Add +54.3%
CPB The Campbell's Company 0.01% 46,337 $1.5M Add +48.8%
JCI Johnson Controls Internation 0.01% 13,047 $1.4M Reduce -2.3%
VZ Verizon Communications Inc. 0.01% 32,269 $1.4M Reduce -2.3%
MU Micron Technology Inc. 0.01% 8,247 $1.4M New
ALL Allstate Corp. 0.01% 6,378 $1.4M Reduce -2.3%
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 0.01% 15,055 $1.4M Add +52.2%
WAB Wabtec Corp. 0.01% 6,733 $1.3M Add +166.9%
CBRE CBRE Group Inc. Class A 0.01% 8,377 $1.3M No change
LEA Lear Corp. 0.01% 12,971 $1.3M Reduce -2.3%
VRSK Verisk Analytics Inc. 0.01% 5,160 $1.3M Reduce -2.3%
CMCSA Comcast Corp. Class A 0.01% 41,028 $1.3M Reduce -2.3%
CLX Clorox Company 0.01% 10,453 $1.3M Reduce -2.3%
LECO Lincoln Electric Holdings 0.01% 5,372 $1.3M Reduce -2.4%
COR Cencora Inc. 0.01% 4,008 $1.3M No change
ABBV Abbvie Inc. 0.01% 5,332 $1.2M No change
TFC Truist Financial Corp. 0.01% 26,596 $1.2M No change
CMA Comerica Inc. 0.01% 17,696 $1.2M No change
AXTA Axalta Coating Systems Ltd. 0.01% 41,672 $1.2M Reduce -2.3%
RF Regions Financial Corp. 0.01% 45,022 $1.2M No change
ITT Itt Inc. 0.01% 6,597 $1.2M No change
NTAP Netapp Inc. 0.01% 9,895 $1.2M No change
CASY Casey's General Stores Inc. 0.01% 2,065 $1.2M No change
WY Weyerhaeuser Co. 0.01% 46,847 $1.2M No change
WDC Western Digital Corp. 0.01% 9,636 $1.2M New
MCO Moody's Corp. 0.01% 2,380 $1.1M No change
MSI Motorola Solutions Inc. 0.01% 2,474 $1.1M No change
PFG Principal Financial Group 0.01% 13,450 $1.1M No change
PWR Quanta Services Inc. 0.01% 2,664 $1.1M New
BLK BlackRock Inc. 0.01% 940 $1.1M New
EME Emcor Group Inc. 0.01% 1,684 $1.1M New
ANET Arista Networks Inc. 0.01% 7,457 $1.1M New
REG Regency Centers Corp. 0.01% 14,896 $1.1M New
WCC Wesco International Inc. 0.01% 5,117 $1.1M New
TMUS T-Mobile US Inc. 0.01% 4,463 $1.1M New
TKR Timken Co. 0.01% 14,134 $1.1M No change
RMD Resmed Inc. 0.01% 3,869 $1.1M New
WFC Wells Fargo & Co. 0.01% 12,628 $1.1M New
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.01% 20,517 $1.1M New
LNC Lincoln National Corp. 0.01% 26,095 $1.1M New
CG The Carlyle Group Inc. 0.01% 16,691 $1.0M New
ALB Albemarle Corp. 0.01% 12,901 $1.0M New
SBAC SBA Communications Corp. 0.01% 5,372 $1.0M Reduce -2.4%
T AT&T Inc. 0.01% 35,712 $1.0M No change
INTC Intel Corp. 0.00% 15,117 $507K Reduce -95.4%

Portfolio Sells Q2 2025 → Q3 2025

MTD Mettler-Toledo International Reduce -80.7% 0.24% −0.92
ANSS Ansys Inc. Sold out 0.00% −0.64
TXN Texas Instruments Inc. Reduce -47.1% 0.53% −0.59
V Visa Inc. Class A Reduce -88.0% 0.07% −0.53
TEL Te Connectivity PLC Reduce -48.3% 1.10% −0.51
ADI Analog Devices Inc. Reduce -94.2% 0.03% −0.43
DCI Donaldson Co. Inc. Sold out 0.00% −0.33
CNM Core & Main Inc. Class A Reduce -19.2% 0.81% −0.30
PNR Pentair PLC Reduce -18.7% 2.31% −0.28
ADSK Autodesk Inc. Reduce -31.0% 0.70% −0.27
ORCL Oracle Corp. Reduce -37.1% 0.99% −0.21
GNRC Generac Holdings Inc. Reduce -41.6% 0.45% −0.20
KLAC KLA Corp. Reduce -26.9% 1.58% −0.19
ZWS Zurn Elkay Water Solutions C Reduce -36.6% 0.86% −0.18
GPK Graphic Packaging Holding Co. Reduce -57.5% 0.11% −0.17
BSY Bentley Systems Inc. Class B Reduce -17.8% 0.58% −0.15
RYN Rayonier Inc. Reduce -53.3% 0.18% −0.14
EBAY eBay Inc. Reduce -26.2% 1.49% −0.13
CLH Clean Harbors Inc. Reduce -29.2% 0.34% −0.13
IEX Idex Corp. Reduce -0.3% 1.86% −0.12
GOOGL Alphabet Inc. Class A Reduce -49.1% 0.29% −0.12
AMAT Applied Materials Inc. Reduce -19.4% 1.29% −0.11
MRSH Marsh & McLennan Cos Reduce -10.8% 0.51% −0.09
PLD Prologis Inc. Reduce -74.6% 0.04% −0.09
RSG Republic Services Inc. Reduce -4.2% 0.87% −0.09
WAT Waters Corp. Reduce -3.9% 0.46% −0.09
CHE Chemed Corp. Reduce -5.4% 0.66% −0.09
HDB HDFC Bank Ltd.-ADR Reduce -11.4% 0.34% −0.08
AVTR Avantor Inc. Sold out 0.00% −0.07
MCD McDonald's Corp. Sold out 0.00% −0.07
VOYA Voya Financial Inc. Reduce -46.4% 0.08% −0.06
MRUS Merus NV Sold out 0.00% −0.05
DAR Darling Ingredients Inc. Reduce -0.7% 0.21% −0.05
LLY Eli Lilly & Co. Reduce -14.3% 0.26% −0.05
TT Trane Technologies PLC Reduce -4.0% 0.64% −0.04
INTC Intel Corp. Reduce -95.4% 0.00% −0.04
CDW CDW Corp. Sold out 0.00% −0.04
HHH Howard Hughes Holdings Inc. Reduce -53.2% 0.05% −0.04
EL Estee Lauder Companies Class A Sold out 0.00% −0.04
INSP Inspire Medical Systems Inc. Sold out 0.00% −0.04
FITB Fifth Third Bancorp Reduce -81.3% 0.01% −0.04
BALL Ball Corp. Reduce -17.0% 0.12% −0.04
JPM JPMorgan Chase & Co. Reduce -18.7% 0.31% −0.03
PGR Progressive Corp. Reduce -3.6% 0.33% −0.03
MKC McCormick & Co.-Non VTG SHRS Reduce -3.6% 0.19% −0.03
IBM Intl Business Machines Corp. Sold out 0.00% −0.03
ETN Eaton Corp. PLC Sold out 0.00% −0.03
WTS Watts Water Technologies-A Reduce -15.1% 1.21% −0.03
CSL Carlisle Cos Inc. Reduce -4.5% 0.15% −0.03
MPWR Monolithic Power Systems Inc. Reduce -24.4% 0.70% −0.03

Portfolio Buys Q2 2025 → Q3 2025

APTV Aptiv PLC Add +54.5% 2.28% +1.13
ITRI Itron Inc. Add +127.3% 1.15% +0.62
VRT Vertiv Holdings Co. Class A Add +94.4% 0.81% +0.46
ZTS Zoetis Inc. Add +43.9% 1.45% +0.40
AOS Smith (a.o.) Corp. Add +3.4% 2.08% +0.31
CARR Carrier Global Corp. Add +54.2% 1.44% +0.31
MRVL Marvell Technology Inc. Add +6.5% 1.78% +0.27
TREX Trex Company Inc. Add +93.0% 0.58% +0.27
UNP Union Pacific Corp. Add +26.7% 1.06% +0.26
AAON Aaon Inc. Add +56.0% 0.49% +0.25
VLTO Veralto Corp. Add +3.9% 2.38% +0.24
LIN Linde PLC Add +0.5% 5.29% +0.17
NFLX Netflix Inc. New 0.16% +0.16
ISRG Intuitive Surgical Inc. Add +60.5% 0.56% +0.15
PNFP Pinnacle Financial Partners Add +248.2% 0.19% +0.13
MA Mastercard Inc. Class A Add +8.4% 1.15% +0.13
NOW ServiceNow Inc. Add +32.6% 0.63% +0.11
RNR Renaissancere Holdings Ltd. Add +0.0% 1.81% +0.11
BSX Boston Scientific Corp. Add +19.1% 0.98% +0.10
CTAS Cintas Corp. Add +14.3% 1.24% +0.09
GWW WW Grainger Inc. Add +197.6% 0.13% +0.08
CFR Cullen/Frost Bankers Inc. Add +11.9% 0.68% +0.08
URI United Rentals Inc. Add +4.4% 0.28% +0.07
TSM Taiwan Semiconductor-SP ADR Add +109.4% 0.10% +0.06
ADC Agree Realty Corp. Add +150.0% 0.08% +0.05
TPR Tapestry Inc. New 0.04% +0.04
AMD Advanced Micro Devices Add +326.5% 0.05% +0.04
JNJ Johnson & Johnson Add +14.7% 0.13% +0.04
TWLO Twilio Inc. Class A New 0.04% +0.04
ACA Arcosa Inc. Add +74.7% 0.08% +0.04
EBC Eastern Bankshares Inc. Add +22.6% 0.11% +0.03
STT State Street Corp. Add +49.2% 0.09% +0.03
GOOG Alphabet Inc. Class C Add +25.4% 0.07% +0.03
WGS Genedx Holdings Corp. New 0.03% +0.03
WSM Williams-Sonoma Inc. Add +164.4% 0.04% +0.03
PCRX Pacira Biosciences Inc. Add +27.7% 0.09% +0.03
WRBY Warby Parker Inc. Class A Add +28.3% 0.06% +0.02
WK Workiva Inc. Add +19.8% 0.07% +0.02
SEE Sealed Air Corp. Add +1.6% 0.14% +0.02
EMR Emerson Electric Co. Add +30.0% 0.09% +0.02
FERG Ferguson Enterprises Inc. Add +22.1% 0.10% +0.02
MITK Mitek Systems Inc. Add +40.6% 0.07% +0.02
PLNT Planet Fitness Inc. Class A Add +22.0% 0.12% +0.02
PODD Insulet Corp. New 0.02% +0.02
ENOV Enovis Corp. Add +47.5% 0.06% +0.02
SIBN Si-Bone Inc. Add +48.2% 0.09% +0.01
PNC PNC Financial Services Group Add +176.8% 0.02% +0.01
IFF Intl Flavors & Fragrances Add +189.4% 0.02% +0.01
CRH CRH PLC New 0.01% +0.01
DOLE Dole PLC Add +9.8% 0.13% +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