Van Lanschot Kempen Investment Management N.V.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Van Lanschot Kempen Investment Management N.V. reported 228 stock positions worth $9.6 billion. Its top holding was Microsoft (MSFT) at 5.4% of the portfolio, followed by Alphabet Class A (GOOGL, 4.5%) and KKR (KKR, 4.0%). Compared with Q4 2024, it opened 23 new positions, sold out of 27, added to 97 and reduced 105. The biggest buy was a new position in Spotify Technology (SPOT) and the biggest sale Merck (MRK, shares −72%).

Most Recent 13F
Q2 2026
Location
AMSTERDAM, P7
CIK
0001367401
Portfolio Value
$9.6B (Q1 2025)
SEC Filing
0001367401-25-000008 ↗ filed May 14, 2025

Holdings Value

0$5.0B$10.0B$15.0B Q1 2024: $8.0B Q1 2024 Q2 2024: $8.9B Q2 2024 Q3 2024: $9.8B Q3 2024 Q4 2024: $10.1B Q4 2024 Q1 2025: $9.6B $9.6B Q1 2025 Q2 2025: $10.5B Q2 2025 Q3 2025: $11.2B Q3 2025 Q4 2025: $11.7B Q4 2025 Q1 2026: $11.4B Q1 2026 Q2 2026: $13.1B Q2 2026

Holdings 228 stocks · $9.6B

MSFT Microsoft Corp. 5.38% 1,373,381 $515.6M Reduce -1.6%
GOOGL Alphabet Inc. Class A 4.50% 2,784,011 $430.5M Reduce -1.6%
KKR KKR & Co. Inc. 4.03% 3,337,243 $385.8M Add +8.2%
BKNG Booking Holdings Inc. 4.00% 83,089 $382.8M Reduce -0.0%
META Meta Platforms Inc. Class A 3.95% 655,434 $377.8M Add +7.6%
NXPI NXP Semiconductors NV 3.43% 1,730,255 $328.9M Add +44.7%
AMZN Amazon.com Inc. 3.29% 1,655,657 $315.0M Add +2.1%
MKL Markel Group Inc. 2.85% 146,076 $273.1M Add +20.1%
BRK.B Berkshire Hathaway Inc. Class B 2.21% 397,213 $211.5M Add +33.8%
C Citigroup Inc. 2.15% 2,905,124 $206.2M Add +18.1%
TSM Taiwan Semiconductor-SP ADR 2.15% 1,242,183 $206.2M Add +11.6%
MDT Medtronic PLC 1.97% 2,103,050 $189.0M Add +12.2%
V Visa Inc. Class A 1.79% 489,233 $171.5M Reduce -13.3%
SPOT Spotify Technology SA 1.76% 306,710 $168.7M New
TMO Thermo Fisher Scientific Inc. 1.67% 321,514 $160.0M Add +3.7%
CPAY Corpay Inc. 1.66% 454,604 $158.5M Add +32.4%
PTC PTC Inc. 1.63% 1,006,901 $156.0M Add +43.2%
CB Chubb Ltd. 1.62% 512,291 $154.7M Add +11.1%
JNJ Johnson & Johnson 1.57% 904,093 $149.9M Reduce -15.8%
AAPL Apple Inc. 1.39% 598,056 $132.8M Add +42.2%
NVDA Nvidia Corp. 1.37% 1,210,194 $131.2M Add +4.4%
LFUS Littelfuse Inc. 1.27% 618,215 $121.6M Add +39.9%
DHR Danaher Corp. 1.20% 558,202 $114.4M Add +0.8%
ADI Analog Devices Inc. 1.13% 536,843 $108.3M Add +93.0%
BRK.A Berkshire Hathaway Inc. Class A 1.08% 130 $103.8M No change
KMX Carmax Inc. 1.07% 1,315,481 $102.5M Add +1.3%
AVTR Avantor Inc. 0.93% 5,506,019 $89.3M Add +17.2%
DGX Quest Diagnostics Inc. 0.76% 431,300 $73.0M Reduce -16.2%
DOC Healthpeak Properties Inc. 0.74% 3,494,724 $70.7M Reduce -23.1%
JPM JPMorgan Chase & Co. 0.68% 265,888 $65.2M Add +47.3%
PNFP Pinnacle Financial Partners 0.68% 613,837 $65.1M Reduce -10.1%
WTFC Wintrust Financial Corp. 0.67% 568,958 $64.0M Reduce -14.5%
JBL Jabil Inc. 0.64% 450,238 $61.3M Reduce -26.4%
WFG West Fraser Timber Co. Ltd. 0.63% 548,782 $60.7M Reduce -14.2%
RNR Renaissancere Holdings Ltd. 0.62% 245,977 $59.0M Add +12.3%
MA Mastercard Inc. Class A 0.59% 103,925 $57.0M Add +0.6%
HBAN Huntington Bancshares Inc. 0.59% 3,789,075 $56.9M Reduce -14.5%
BLK BlackRock Inc. 0.59% 59,440 $56.3M Add +0.0%
AVGO Broadcom Inc. 0.58% 330,167 $55.3M Add +41.0%
CSCO Cisco Systems Inc. 0.57% 880,649 $54.3M Add +0.6%
RY Royal Bank of Canada 0.55% 324,782 $52.6M Add +3.8%
AMH American Homes 4 Rent- A 0.53% 1,351,351 $51.1M Reduce -10.5%
DE Deere & Co. 0.52% 105,313 $49.4M Add +32.1%
INVH Invitation Homes Inc. 0.51% 1,400,045 $48.8M Reduce -7.0%
HSIC Henry Schein Inc. 0.50% 705,213 $48.3M Reduce -14.4%
NVST Envista Holdings Corp. 0.49% 2,722,331 $47.0M Reduce -12.7%
STRA Strategic Education Inc. 0.48% 543,973 $45.7M Reduce -12.0%
MRK Merck & Co. Inc. 0.47% 503,208 $45.2M Reduce -72.0%
MRSH Marsh & McLennan Cos 0.47% 183,603 $44.8M Reduce -15.6%
EHC Encompass Health Corp. 0.46% 432,345 $43.8M Reduce -21.6%
LLY Eli Lilly & Co. 0.44% 50,744 $41.9M Add +76.2%
SPGI S&P Global Inc. 0.43% 81,791 $41.6M Reduce -29.9%
THR Thermon Group Holdings Inc. 0.42% 1,442,470 $40.2M Reduce -15.8%
UNH Unitedhealth Group Inc. 0.40% 73,672 $38.6M Add +54.8%
NXST Nexstar Media Group Inc. 0.40% 214,742 $38.5M Add +4.2%
GILD Gilead Sciences Inc. 0.38% 327,290 $36.7M Reduce -0.4%
SYY Sysco Corp. 0.38% 485,142 $36.4M Add +8.5%
UNP Union Pacific Corp. 0.38% 151,987 $35.9M Reduce -17.9%
CRM Salesforce Inc. 0.37% 132,340 $35.5M Reduce -32.5%
CNH CNH Industrial NV 0.37% 2,872,886 $35.3M Reduce -0.7%
GNTX Gentex Corp. 0.36% 1,497,747 $34.9M Reduce -36.8%
TXN Texas Instruments Inc. 0.36% 193,706 $34.8M Add +30.2%
MWA Mueller Water Products Inc. Class A 0.36% 1,368,723 $34.8M Reduce -38.1%
LYB Lyondellbasell Indu Class A 0.36% 491,107 $34.6M Add +3.1%
BC Brunswick Corp. 0.36% 641,242 $34.5M Reduce -35.2%
VSH Vishay Intertechnology Inc. 0.36% 2,168,161 $34.5M Reduce -12.0%
TRIP Tripadvisor Inc. 0.35% 2,370,116 $33.6M Reduce -8.4%
NTR Nutrien Ltd. 0.34% 450,220 $32.2M Add +1.6%
NEE Nextera Energy Inc. 0.33% 447,926 $31.8M Add +41.7%
FIS Fidelity National Info Serv 0.33% 422,949 $31.6M New
PG The Procter & Gamble Co. 0.33% 185,209 $31.6M Reduce -22.9%
GMS GMS Inc. 0.33% 429,448 $31.4M Reduce -28.0%
PEP Pepsico Inc. 0.33% 209,439 $31.4M Add +3.2%
WMB Williams Cos Inc. 0.31% 501,198 $30.0M Add +10.2%
QDEL Quidelortho Corp. 0.30% 820,203 $28.7M Reduce -15.3%
PRU Prudential Financial Inc. 0.30% 255,293 $28.5M Add +5.6%
LITE Lumentum Holdings Inc. 0.30% 453,931 $28.3M Reduce -26.7%
ALV Autoliv Inc. 0.29% 317,553 $28.1M Add +3.5%
PEG Public Service Enterprise GP 0.28% 322,847 $26.6M Add +6.0%
CME Cme Group Inc. 0.27% 98,304 $26.1M Add +0.1%
LNG Cheniere Energy Inc. 0.26% 108,098 $25.0M Reduce -10.6%
MSM MSC Industrial Direct Co. Class A 0.26% 315,698 $24.5M Add +15.8%
CVX Chevron Corp. 0.25% 145,094 $24.3M Add +19.7%
HD Home Depot Inc. 0.25% 66,200 $24.3M Reduce -37.9%
EQIX Equinix Inc. 0.25% 29,392 $24.0M Reduce -36.0%
ACN Accenture PLC Class A 0.25% 76,666 $23.9M Reduce -28.8%
ORCL Oracle Corp. 0.25% 168,981 $23.6M Add +37.5%
NE Noble Corp. PLC 0.25% 991,675 $23.5M Add +23.1%
LIN Linde PLC 0.24% 48,831 $22.7M Add +1.2%
ZTS Zoetis Inc. 0.24% 137,539 $22.6M Reduce -19.1%
AKAM Akamai Technologies Inc. 0.23% 272,405 $21.9M New
CDNS Cadence Design SYS Inc. 0.21% 80,605 $20.5M New
VTR Ventas Inc. 0.21% 297,910 $20.5M New
FSLR First Solar Inc. 0.21% 161,247 $20.4M Reduce -27.4%
FERG Ferguson Enterprises Inc. 0.21% 126,948 $20.3M Add +0.3%
TROX Tronox Holdings PLC 0.21% 2,868,837 $20.2M Add +2.5%
EXR Extra Space Storage Inc. 0.21% 135,753 $20.2M Reduce -12.1%
PH Parker Hannifin Corp. 0.21% 32,631 $19.8M Add +2.7%
MHK Mohawk Industries Inc. 0.21% 172,528 $19.7M Reduce -11.5%
O Realty Income Corp. 0.20% 330,364 $19.2M Add +922.5%
KVUE Kenvue Inc. 0.20% 780,003 $18.7M Reduce -42.4%
AMAT Applied Materials Inc. 0.19% 127,363 $18.5M Reduce -48.2%
WELL Welltower Inc. 0.19% 117,786 $18.0M Add +32.2%
EXE Expand Energy Corp. 0.19% 160,816 $17.9M No change
TSLA Tesla Inc. 0.19% 68,847 $17.8M Reduce -32.4%
KO The Coca-Cola Co. 0.19% 248,014 $17.8M Reduce -55.3%
NKE Nike Inc. Class B 0.19% 279,427 $17.7M Reduce -22.7%
PLD Prologis Inc. 0.18% 155,319 $17.4M Reduce -30.2%
CAT Caterpillar Inc. 0.18% 51,947 $17.1M Add +2.7%
SPG Simon Property Group Inc. 0.18% 101,704 $16.9M Add +26.5%
KMI Kinder Morgan Inc. 0.17% 578,010 $16.5M Reduce -33.8%
PPL PPL Corp. 0.17% 453,061 $16.4M Add +2.8%
AVB Avalonbay Communities Inc. 0.17% 75,581 $16.2M Add +75.5%
LXFR Luxfer Holdings PLC 0.17% 1,364,003 $16.2M Reduce -27.7%
EW Edwards Lifesciences Corp. 0.17% 222,574 $16.1M Reduce -0.9%
ISRG Intuitive Surgical Inc. 0.16% 30,635 $15.2M Add +28.0%
OMC Omnicom Group 0.16% 179,531 $14.9M Add +5.4%
STAG Stag Industrial Inc. 0.15% 403,438 $14.6M Reduce -10.1%
COST Costco Wholesale Corp. 0.15% 15,238 $14.4M Reduce -22.2%
PSX Phillips 66 0.15% 115,977 $14.3M Reduce -31.9%
AWK American Water Works Co. Inc. 0.15% 96,455 $14.2M Reduce -15.4%
FRT Federal Realty Invs Trust 0.14% 141,294 $13.8M Reduce -3.7%
IQV Iqvia Holdings Inc. 0.14% 78,364 $13.8M Reduce -0.8%
YUMC Yum China Holdings Inc. 0.14% 263,662 $13.7M New
MCD McDonald's Corp. 0.14% 43,719 $13.7M Add +2.7%
TNC Tennant Co. 0.14% 168,723 $13.5M New
CL Colgate-Palmolive Co. 0.14% 139,206 $13.0M Add +7.9%
DLR Digital Realty Trust Inc. 0.13% 87,362 $12.5M Add +242.9%
NFLX Netflix Inc. 0.13% 13,189 $12.3M New
CP Canadian Pacific Kansas City 0.13% 121,153 $12.2M Add +11.6%
ARE Alexandria Real Estate Equit 0.13% 130,341 $12.1M Reduce -28.7%
ICE Intercontinental Exchange Inc. 0.12% 68,956 $11.9M Reduce -37.4%
WM Waste Management Inc. 0.12% 51,377 $11.9M Add +2.7%
BNL Broadstone Net Lease Inc. 0.12% 683,455 $11.6M New
ADP Automatic Data Processing 0.12% 37,822 $11.6M Add +2.7%
CBRE CBRE Group Inc. Class A 0.12% 87,074 $11.4M Reduce -56.7%
ADBE Adobe Inc. 0.12% 29,086 $11.2M Reduce -45.3%
SUI Sun Communities Inc. filed as SUN CMNTYS INC 0.12% 86,675 $11.1M Reduce -44.0%
TRP TC Energy Corp. 0.11% 160,321 $10.9M Reduce -5.0%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.11% 331,364 $10.8M Reduce -58.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.11% 85,941 $10.5M Add +0.5%
OTIS Otis Worldwide Corp. 0.11% 98,702 $10.2M Reduce -42.1%
REXR Rexford Industrial Realty Inc. 0.11% 258,892 $10.1M Reduce -33.1%
AMT American Tower Corp. 0.11% 46,579 $10.1M Add +8.0%
APH Amphenol Corp. Class A 0.11% 153,556 $10.1M New
PSA Public Storage 0.10% 32,896 $9.8M Reduce -19.2%
FHN First Horizon Corp. 0.10% 482,132 $9.4M New
ABT Abbott Laboratories 0.09% 67,825 $9.0M Add +2.7%
ECL Ecolab Inc. 0.09% 34,759 $8.8M Reduce -42.9%
D Dominion Energy Inc. 0.09% 155,488 $8.7M Add +8.0%
NUE Nucor Corp. 0.09% 72,295 $8.7M Add +2.7%
HIW Highwoods Properties Inc. 0.09% 289,587 $8.6M Reduce -44.1%
SHW The Sherwin-Williams Co. 0.09% 24,324 $8.5M Reduce -41.9%
AMP Ameriprise Financial Inc. 0.09% 17,124 $8.3M Add +9.8%
TRI Thomson Reuters Corp. 0.09% 23,156 $8.3M Add +30.8%
PCG P G & E Corp. 0.09% 476,707 $8.2M New
IEX Idex Corp. 0.08% 44,524 $8.1M Reduce -44.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.08% 81,264 $8.0M Reduce -42.1%
ABBV Abbvie Inc. 0.08% 38,131 $8.0M Add +4.5%
NOW ServiceNow Inc. 0.08% 9,550 $7.6M Reduce -60.1%
TRGP Targa Resources Corp. 0.08% 37,894 $7.6M Add +28.0%
SBUX Starbucks Corp. 0.08% 77,079 $7.6M New
FE Firstenergy Corp. 0.08% 185,023 $7.5M New
ES Eversource Energy 0.08% 119,651 $7.4M New
PGR Progressive Corp. 0.08% 26,010 $7.4M Add +2.7%
HST Host Hotels & Resorts Inc. 0.08% 512,497 $7.3M Add +7.8%
WMT Walmart Inc. 0.07% 80,408 $7.1M Add +5.1%
DUK Duke Energy Corp. 0.07% 57,671 $7.0M Reduce -39.6%
ETR Entergy Corp. 0.07% 81,572 $7.0M New
XYL Xylem Inc. 0.07% 56,935 $6.8M Reduce -3.4%
SBRA Sabra Health Care REIT Inc. 0.07% 381,329 $6.7M Add +46.6%
TXNM TXNM Energy Inc. 0.07% 123,298 $6.6M Add +14.0%
WFC Wells Fargo & Co. 0.07% 90,156 $6.5M Add +2.7%
FDS Factset Research Systems Inc. 0.06% 13,636 $6.2M Add +13.5%
NWE Northwestern Energy Group Inc. 0.06% 106,494 $6.2M Add +8.0%
BKR Baker Hughes Co. 0.06% 139,837 $6.1M New
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.06% 70,641 $6.1M New
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.06% 142,644 $6.0M Add +2.0%
POR Portland General Electric Co. 0.06% 133,400 $5.9M Add +14.5%
EA Electronic Arts Inc. 0.06% 40,799 $5.9M Add +2.8%
VST Vistra Corp. 0.06% 48,724 $5.7M New
LII Lennox International Inc. 0.06% 10,150 $5.7M Add +5.1%
CEG Constellation Energy 0.06% 26,714 $5.4M New
BMY Bristol-Myers Squibb Co. 0.06% 88,093 $5.4M Add +12.2%
AZO AutoZone Inc. 0.05% 1,353 $5.2M Reduce -3.8%
MPC Marathon Petroleum Corp. 0.05% 34,764 $5.1M Add +3.8%
MSA Msa Safety Inc. 0.05% 33,601 $4.9M Reduce -3.4%
ELV Elevance Health Inc. 0.05% 10,992 $4.8M Add +3.8%
NTAP Netapp Inc. 0.05% 52,236 $4.6M Add +12.5%
SNA Snap-on Inc. 0.04% 12,674 $4.3M Reduce -2.3%
CSX CSX Corp. 0.04% 138,761 $4.1M Add +8.0%
IVT Inventrust Properties Corp. 0.04% 134,939 $4.0M Reduce -1.8%
PCAR Paccar Inc. 0.04% 40,690 $4.0M Add +7.3%
LRCX Lam Research Corp. 0.04% 51,927 $3.8M Add +3.3%
TT Trane Technologies PLC 0.04% 11,030 $3.7M Reduce -1.1%
CWT California Water Service Grp 0.04% 74,305 $3.6M Reduce -29.3%
ANET Arista Networks Inc. 0.04% 45,813 $3.5M Reduce -12.0%
REGN Regeneron Pharmaceuticals 0.04% 5,467 $3.5M Add +2.8%
PNR Pentair PLC 0.03% 38,030 $3.3M Add +5.0%
TGS Transportador Gas-ADR SP B 0.03% 115,420 $3.1M Add +241.6%
IPG Interpublic Group of Cos Inc. 0.03% 109,329 $3.0M Reduce -10.5%
COLD Americold Realty Trust Inc. 0.03% 126,642 $2.7M Reduce -80.6%
SNBRQ Sleep Number Corp. 0.03% 398,687 $2.5M Reduce -60.0%
BN Brookfield Corp. 0.02% 31,379 $2.4M New
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 0.02% 28,531 $2.2M Add +8.2%
CUBE Cubesmart 0.02% 46,970 $2.0M New
DOV Dover Corp. 0.01% 7,944 $1.4M Reduce -0.8%
DRH Diamondrock Hospitality Co. 0.01% 152,368 $1.2M Reduce -47.2%
GPOR Gulfport Energy Corp. 0.01% 5,735 $1.1M Reduce -13.0%
VAL Valaris Ltd. 0.01% 23,775 $933K Reduce -6.4%
BLDR Builders Firstsource Inc. 0.01% 6,063 $758K Add +9.5%
AER Aercap Holdings NV 0.01% 4,724 $483K Reduce -14.5%
WBD Warner Bros Discovery Inc. 0.00% 37,557 $403K No change
TTWO Take-Two Interactive Softwre 0.00% 1,927 $399K Reduce -79.0%
FOX Fox Corp. Class B 0.00% 7,313 $385K Reduce -79.1%
TDW Tidewater Inc. 0.00% 8,468 $358K New
FSV Firstservice Corp. 0.00% 1,009 $346K Reduce -77.8%
VRTX Vertex Pharmaceuticals Inc. 0.00% 698 $338K Reduce -79.3%
GRMN Garmin Ltd. 0.00% 1,407 $306K Reduce -77.3%
ENB Enbridge Inc. 0.00% 2,871 $263K Reduce -79.6%
INTU Intuit Inc. 0.00% 382 $235K Reduce -75.9%
LULU Lululemon Athletica Inc. 0.00% 642 $182K Reduce -77.6%
WTRG Essential Utilities Inc. 0.00% 3,362 $133K Reduce -12.9%
SRE Sempra 0.00% 1,605 $115K Reduce -82.3%
LXP LXP Industrial Trust 0.00% 13,119 $113K Reduce -97.6%
REG Regency Centers Corp. 0.00% 1,430 $105K Reduce -98.8%
APLE Apple Hospitality REIT Inc. 0.00% 6,681 $86K Reduce -95.4%
CUZ Cousins Properties Inc. 0.00% 101 $3K Reduce -98.8%

Portfolio Sells Q4 2024 → Q1 2025

MRK Merck & Co. Inc. Reduce -72.0% 0.47% −1.30
Spotify Technology S.A. Sold out 0.00% −1.24
GOOGL Alphabet Inc. Class A Reduce -1.6% 4.50% −0.83
MSFT Microsoft Corp. Reduce -1.6% 5.38% −0.47
TDC Teradata Corp. Sold out 0.00% −0.36
GNTX Gentex Corp. Reduce -36.8% 0.36% −0.31
CAH Cardinal Health Inc. Sold out 0.00% −0.30
CRM Salesforce Inc. Reduce -32.5% 0.37% −0.28
BC Brunswick Corp. Reduce -35.2% 0.36% −0.28
JBL Jabil Inc. Reduce -26.4% 0.64% −0.23
TSLA Tesla Inc. Reduce -32.4% 0.19% −0.22
LITE Lumentum Holdings Inc. Reduce -26.7% 0.30% −0.22
USB US Bancorp Sold out 0.00% −0.21
AMAT Applied Materials Inc. Reduce -48.2% 0.19% −0.20
EQIX Equinix Inc. Reduce -36.0% 0.25% −0.18
DOC Healthpeak Properties Inc. Reduce -23.1% 0.74% −0.18
FSLR First Solar Inc. Reduce -27.4% 0.21% −0.18
GMS GMS Inc. Reduce -28.0% 0.33% −0.17
NOW ServiceNow Inc. Reduce -60.1% 0.08% −0.17
HD Home Depot Inc. Reduce -37.9% 0.25% −0.16
WFG West Fraser Timber Co. Ltd. Reduce -14.2% 0.63% −0.16
KO The Coca-Cola Co. Reduce -55.3% 0.19% −0.16
WTFC Wintrust Financial Corp. Reduce -14.5% 0.67% −0.16
ITW Illinois Tool Works Sold out 0.00% −0.16
CBRE CBRE Group Inc. Class A Reduce -56.7% 0.12% −0.14
SPGI S&P Global Inc. Reduce -29.9% 0.43% −0.14
MWA Mueller Water Products Inc. Class A Reduce -38.1% 0.36% −0.13
QDEL Quidelortho Corp. Reduce -15.3% 0.30% −0.13
ROK Rockwell Automation Inc. Sold out 0.00% −0.13
ACN Accenture PLC Class A Reduce -28.8% 0.25% −0.13
EL Estee Lauder Companies Class A Sold out 0.00% −0.13
SNBRQ Sleep Number Corp. Reduce -60.0% 0.03% −0.12
HBAN Huntington Bancshares Inc. Reduce -14.5% 0.59% −0.12
ADBE Adobe Inc. Reduce -45.3% 0.12% −0.12
VICI Vici Properties Inc. Reduce -58.0% 0.11% −0.12
COLD Americold Realty Trust Inc. Reduce -80.6% 0.03% −0.11
BKNG Booking Holdings Inc. Reduce -0.0% 4.00% −0.11
NVST Envista Holdings Corp. Reduce -12.7% 0.49% −0.11
MKC McCormick & Co.-Non VTG SHRS Sold out 0.00% −0.11
STRA Strategic Education Inc. Reduce -12.0% 0.48% −0.10
PNFP Pinnacle Financial Partners Reduce -10.1% 0.68% −0.10
KVUE Kenvue Inc. Reduce -42.4% 0.20% −0.09
NKE Nike Inc. Class B Reduce -22.7% 0.19% −0.09
REG Regency Centers Corp. Reduce -98.8% 0.00% −0.08
IEX Idex Corp. Reduce -44.4% 0.08% −0.08
LXFR Luxfer Holdings PLC Reduce -27.7% 0.17% −0.08
EXC Exelon Corp. Sold out 0.00% −0.07
SUI Sun Communities Inc. Reduce -44.0% 0.12% −0.07
DIS The Walt Disney Co. Reduce -42.1% 0.08% −0.07
PG The Procter & Gamble Co. Reduce -22.9% 0.33% −0.07

Portfolio Buys Q4 2024 → Q1 2025

SPOT Spotify Technology SA New 1.76% +1.76
NXPI NXP Semiconductors NV Add +44.7% 3.43% +0.96
BRK.B Berkshire Hathaway Inc. Class B Add +33.8% 2.21% +0.87
MKL Markel Group Inc. Add +20.1% 2.85% +0.76
ADI Analog Devices Inc. Add +93.0% 1.13% +0.54
CPAY Corpay Inc. Add +32.4% 1.66% +0.50
MDT Medtronic PLC Add +12.2% 1.97% +0.48
C Citigroup Inc. Add +18.1% 2.15% +0.43
META Meta Platforms Inc. Class A Add +7.6% 3.95% +0.40
CB Chubb Ltd. Add +11.1% 1.62% +0.35
PTC PTC Inc. Add +43.2% 1.63% +0.34
AAPL Apple Inc. Add +42.2% 1.39% +0.34
FIS Fidelity National Info Serv New 0.33% +0.33
JPM JPMorgan Chase & Co. Add +47.3% 0.68% +0.25
LFUS Littelfuse Inc. Add +39.9% 1.27% +0.23
AKAM Akamai Technologies Inc. New 0.23% +0.23
LLY Eli Lilly & Co. Add +76.2% 0.44% +0.22
CDNS Cadence Design SYS Inc. New 0.21% +0.21
VTR Ventas Inc. New 0.21% +0.21
O Realty Income Corp. Add +922.5% 0.20% +0.18
DE Deere & Co. Add +32.1% 0.52% +0.18
UNH Unitedhealth Group Inc. Add +54.8% 0.40% +0.16
YUMC Yum China Holdings Inc. New 0.14% +0.14
TNC Tennant Co. New 0.14% +0.14
NFLX Netflix Inc. New 0.13% +0.13
BNL Broadstone Net Lease Inc. New 0.12% +0.12
NEE Nextera Energy Inc. Add +41.7% 0.33% +0.11
APH Amphenol Corp. Class A New 0.11% +0.11
FHN First Horizon Corp. New 0.10% +0.10
TXN Texas Instruments Inc. Add +30.2% 0.36% +0.09
DLR Digital Realty Trust Inc. Add +242.9% 0.13% +0.09
PCG P G & E Corp. New 0.09% +0.09
SBUX Starbucks Corp. New 0.08% +0.08
CVX Chevron Corp. Add +19.7% 0.25% +0.08
FE Firstenergy Corp. New 0.08% +0.08
NXST Nexstar Media Group Inc. Add +4.2% 0.40% +0.08
ES Eversource Energy New 0.08% +0.08
WELL Welltower Inc. Add +32.2% 0.19% +0.08
AVB Avalonbay Communities Inc. Add +75.5% 0.17% +0.08
RNR Renaissancere Holdings Ltd. Add +12.3% 0.62% +0.07
ETR Entergy Corp. New 0.07% +0.07
WMB Williams Cos Inc. Add +10.2% 0.31% +0.07
TMO Thermo Fisher Scientific Inc. Add +3.7% 1.67% +0.07
BKR Baker Hughes Co. New 0.06% +0.06
IRM Iron Mountain Inc. New 0.06% +0.06
VST Vistra Corp. New 0.06% +0.06
CEG Constellation Energy New 0.06% +0.06
MA Mastercard Inc. Class A Add +0.6% 0.59% +0.05
MSM MSC Industrial Direct Co. Class A Add +15.8% 0.26% +0.05
CSCO Cisco Systems Inc. Add +0.6% 0.57% +0.05

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 241$13.1BNXPI, GOOGL, MSFT, BKNG, TSM
Q1 2026 240$11.4BMSFT, GOOGL, BKNG, NXPI, MKL
Q4 2025 250$11.7BGOOGL, MSFT, KKR, BKNG, META
Q3 2025 244$11.2BMSFT, GOOGL, META, KKR, BKNG
Q2 2025 239$10.5BMSFT, META, KKR, GOOGL, BKNG
Q1 2025 228$9.6BMSFT, GOOGL, KKR, BKNG, META
Q4 2024 232$10.1BMSFT, GOOGL, KKR, BKNG, META
Q3 2024 215$9.8BMSFT, GOOGL, KKR, BKNG, META
Q2 2024 216$8.9BMSFT, GOOGL, KKR, BKNG, AMZN
Q1 2024 215$8.0BMSFT, GOOGL, KKR, META, MRK