PineStone Asset Management Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 1, 2026), PineStone Asset Management Inc. reported 44 stock positions worth $14.2 billion. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 12.6% of the portfolio, followed by Alphabet Class A (GOOGL, 10.5%) and Microsoft (MSFT, 7.5%). Compared with Q4 2025, it opened 2 new positions, sold out of 1, added to 2 and reduced 40. The biggest buy was a new position in KLA (KLAC) and the biggest sale an exit from Oracle (ORCL).
- Most Recent 13F
- Q2 2026
- Location
- Montreal, A8
- CIK
- 0001904893
- Portfolio Value
- $14.2B (Q1 2026)
- SEC Filing
- 0001172661-26-001582 ↗ filed May 1, 2026
Holdings Value
Holdings 44 stocks · $14.2B
| TSM Taiwan Semiconductor-SP ADR | 12.56% | 5,288,479 | $1.8B | Reduce -15.3% |
| GOOGL Alphabet Inc. Class A | 10.46% | 5,174,795 | $1.5B | Reduce -10.0% |
| MSFT Microsoft Corp. | 7.46% | 2,866,183 | $1.1B | Reduce -2.2% |
| MCO Moody's Corp. | 7.21% | 2,349,784 | $1.0B | Reduce -1.1% |
| MA Mastercard Inc. Class A | 6.36% | 1,810,441 | $904.6M | Add +6.7% |
| AZO AutoZone Inc. | 6.10% | 256,845 | $867.6M | Reduce -4.6% |
| CME Cme Group Inc. | 5.39% | 2,594,611 | $766.3M | Reduce -0.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 4.39% | 3,908,310 | $624.2M | Reduce -7.5% |
| SHW The Sherwin-Williams Co. | 3.75% | 1,666,393 | $534.2M | Reduce -3.1% |
| MSCI MSCI Inc. | 3.70% | 976,774 | $526.5M | Reduce -2.4% |
| JNJ Johnson & Johnson | 3.07% | 1,788,670 | $437.2M | Reduce -13.5% |
| MTD Mettler-Toledo International | 2.86% | 322,784 | $407.1M | Reduce -0.1% |
| PEP Pepsico Inc. | 2.60% | 2,385,127 | $370.4M | Reduce -5.6% |
| CARR Carrier Global Corp. | 2.60% | 6,572,910 | $370.1M | Reduce -8.1% |
| OTIS Otis Worldwide Corp. | 2.43% | 4,493,882 | $346.4M | Reduce -4.0% |
| AMZN Amazon.com Inc. | 2.22% | 1,513,200 | $315.2M | Add +41.9% |
| GGG Graco Inc. | 2.16% | 3,625,540 | $306.9M | Reduce -4.3% |
| CPRT Copart Inc. | 1.95% | 8,350,007 | $277.2M | Reduce -2.0% |
| ADI Analog Devices Inc. | 1.84% | 824,514 | $262.3M | Reduce -6.8% |
| SPGI S&P Global Inc. | 1.59% | 532,378 | $226.5M | Reduce -13.8% |
| HLT Hilton Worldwide Holdings Inc. | 1.57% | 736,734 | $224.0M | Reduce -7.1% |
| UNH Unitedhealth Group Inc. | 1.54% | 808,873 | $218.9M | Reduce -2.0% |
| LOW Lowe's Cos Inc. | 1.44% | 866,070 | $204.6M | Reduce -6.5% |
| KLAC KLA Corp. | 1.11% | 107,040 | $157.6M | New |
| CL Colgate-Palmolive Co. | 0.93% | 1,550,689 | $132.2M | Reduce -2.5% |
| SUNB Sunbelt Rentals Holdings Inc. | 0.67% | 1,472,137 | $95.8M | New |
| HDB HDFC Bank Ltd.-ADR | 0.66% | 3,782,384 | $94.1M | Reduce -54.5% |
| NKE Nike Inc. Class B | 0.65% | 1,760,835 | $93.0M | Reduce -5.7% |
| FDS Factset Research Systems Inc. | 0.59% | 387,784 | $84.1M | Reduce -6.1% |
| FSS Federal Signal Corp. | 0.02% | 23,186 | $2.5M | Reduce -87.5% |
| HLI Houlihan Lokey Inc. | 0.01% | 13,294 | $1.9M | Reduce -82.2% |
| JBTM JBT Marel Corp. | 0.01% | 12,929 | $1.7M | Reduce -84.5% |
| HAYW Hayward Holdings Inc. | 0.01% | 103,168 | $1.4M | Reduce -82.7% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 0.01% | 8,600 | $1.4M | Reduce -85.7% |
| MEDP Medpace Holdings Inc. | 0.01% | 2,640 | $1.3M | Reduce -89.3% |
| IPAR Interparfums Inc. | 0.01% | 13,701 | $1.2M | Reduce -87.6% |
| DCI Donaldson Co. Inc. | 0.01% | 14,228 | $1.2M | Reduce -89.8% |
| EXPO Exponent Inc. | 0.01% | 16,994 | $1.1M | Reduce -87.8% |
| FND Floor & Decor Holdings Inc. Class A | 0.01% | 21,300 | $1.1M | Reduce -83.7% |
| WDFC WD-40 Co. | 0.01% | 5,239 | $1.1M | Reduce -88.0% |
| WH Wyndham Hotels & Resorts Inc. | 0.01% | 13,150 | $1.1M | Reduce -91.6% |
| TREX Trex Company Inc. filed as TREX INC | 0.01% | 19,869 | $724K | Reduce -91.1% |
| SSD Simpson Manufacturing Co. Inc. | 0.00% | 3,510 | $602K | Reduce -92.9% |
| POWI Power Integrations Inc. | 0.00% | 8,500 | $435K | Reduce -89.3% |
Portfolio Sells Q4 2025 → Q1 2026
| ORCL Oracle Corp. | Sold out | 0.00% | −2.18 |
| MSFT Microsoft Corp. | Reduce -2.2% | 7.46% | −1.36 |
| HDB HDFC Bank Ltd.-ADR | Reduce -54.5% | 0.66% | −1.23 |
| GOOGL Alphabet Inc. Class A | Reduce -10.0% | 10.46% | −0.72 |
| SPGI S&P Global Inc. | Reduce -13.8% | 1.59% | −0.41 |
| MCO Moody's Corp. | Reduce -1.1% | 7.21% | −0.34 |
| UNH Unitedhealth Group Inc. | Reduce -2.0% | 1.54% | −0.16 |
| FDS Factset Research Systems Inc. | Reduce -6.1% | 0.59% | −0.15 |
| CPRT Copart Inc. | Reduce -2.0% | 1.95% | −0.12 |
| FSS Federal Signal Corp. | Reduce -87.5% | 0.02% | −0.11 |
| OTIS Otis Worldwide Corp. | Reduce -4.0% | 2.43% | −0.11 |
| NKE Nike Inc. Class B | Reduce -5.7% | 0.65% | −0.09 |
| MEDP Medpace Holdings Inc. | Reduce -89.3% | 0.01% | −0.08 |
| DCI Donaldson Co. Inc. | Reduce -89.8% | 0.01% | −0.07 |
| HLI Houlihan Lokey Inc. | Reduce -82.2% | 0.01% | −0.07 |
| JBTM JBT Marel Corp. | Reduce -84.5% | 0.01% | −0.07 |
| WH Wyndham Hotels & Resorts Inc. | Reduce -91.6% | 0.01% | −0.07 |
| JKHY Jack Henry & Associates Inc. | Reduce -85.7% | 0.01% | −0.06 |
| EXPO Exponent Inc. | Reduce -87.8% | 0.01% | −0.05 |
| IPAR Interparfums Inc. | Reduce -87.6% | 0.01% | −0.05 |
| HAYW Hayward Holdings Inc. | Reduce -82.7% | 0.01% | −0.05 |
| WDFC WD-40 Co. | Reduce -88.0% | 0.01% | −0.05 |
| SSD Simpson Manufacturing Co. Inc. | Reduce -92.9% | 0.00% | −0.05 |
| TREX Trex Company Inc. | Reduce -91.1% | 0.01% | −0.04 |
| FND Floor & Decor Holdings Inc. Class A | Reduce -83.7% | 0.01% | −0.04 |
| POWI Power Integrations Inc. | Reduce -89.3% | 0.00% | −0.01 |
| LOW Lowe's Cos Inc. | Reduce -6.5% | 1.44% | +0.05 |
| MTD Mettler-Toledo International | Reduce -0.1% | 2.86% | +0.06 |
| MSCI MSCI Inc. | Reduce -2.4% | 3.70% | +0.13 |
| CL Colgate-Palmolive Co. | Reduce -2.5% | 0.93% | +0.15 |
| HLT Hilton Worldwide Holdings Inc. | Reduce -7.1% | 1.57% | +0.16 |
| GGG Graco Inc. | Reduce -4.3% | 2.16% | +0.23 |
| CARR Carrier Global Corp. | Reduce -8.1% | 2.60% | +0.25 |
| SHW The Sherwin-Williams Co. | Reduce -3.1% | 3.75% | +0.29 |
| PEP Pepsico Inc. | Reduce -5.6% | 2.60% | +0.35 |
| TJX TJX Companies Inc. | Reduce -7.5% | 4.39% | +0.35 |
| ADI Analog Devices Inc. | Reduce -6.8% | 1.84% | +0.35 |
| JNJ Johnson & Johnson | Reduce -13.5% | 3.07% | +0.41 |
| AZO AutoZone Inc. | Reduce -4.6% | 6.10% | +0.42 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -15.3% | 12.56% | +0.76 |
| CME Cme Group Inc. | Reduce -0.7% | 5.39% | +0.95 |
Portfolio Buys Q4 2025 → Q1 2026
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 44 | $16.2B | TSM, GOOGL, MCO, MSFT, MA |
| Q1 2026 | 44 | $14.2B | TSM, GOOGL, MSFT, MCO, MA |
| Q4 2025 | 43 | $16.1B | TSM, GOOGL, MSFT, MCO, MA |
| Q3 2025 | 43 | $16.1B | TSM, GOOGL, MSFT, AZO, MCO |
| Q2 2025 | 44 | $15.5B | TSM, MSFT, GOOGL, MCO, AZO |
| Q1 2025 | 45 | $13.2B | TSM, MSFT, AZO, GOOGL, MCO |
| Q4 2024 | 45 | $10.7B | MSFT, GOOGL, TSM, MCO, AZO |
| Q3 2024 | 44 | $10.4B | MSFT, TSM, GOOGL, MCO, AZO |
| Q2 2024Amended | 43 | $9.4B | MSFT, TSM, GOOGL, MCO, AZO |
| Q1 2024 | 44 | $6.3B | MSFT, TSM, GOOGL, AZO, MCO |