WCM Investment Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 28, 2025), WCM Investment Management, LLC reported 278 stock positions worth $38.9 billion. Its top holding was Sea Ltd.-ADR (SE) at 8.4% of the portfolio, followed by Spotify Technology (SPOT, 4.9%) and AppLovin Class A (APP, 4.5%). Compared with Q4 2024, it opened 16 new positions, sold out of 26, added to 115 and reduced 142. The biggest buy was Linde (LIN, shares +0%) and the biggest sale GE Vernova (GEV, shares −70%).
- Most Recent 13F
- Q2 2026
- Location
- LAGUNA BEACH, CA
- CIK
- 0001061186
- Portfolio Value
- $38.9B (Q1 2025)
- SEC Filing
- 0001062993-25-008104 ↗ filed Apr 28, 2025
Holdings Value
Holdings 278 stocks · $38.9B
| SE Sea Ltd.-ADR | 8.45% | 25,144,668 | $3.3B | Reduce -2.0% |
| SPOT Spotify Technology SA | 4.87% | 3,378,875 | $1.9B | Reduce -10.8% |
| APP AppLovin Corp. Class A | 4.50% | 6,425,507 | $1.8B | Reduce -7.3% |
| IBN Icici Bank Ltd.-Spon ADR | 4.32% | 53,613,361 | $1.7B | Reduce -0.1% |
| TSM Taiwan Semiconductor-SP ADR | 4.13% | 9,734,044 | $1.6B | Add +0.6% |
| LIN Linde PLC | 3.94% | 3,339,761 | $1.5B | Add +0.3% |
| ACGL Arch Capital Group Ltd. | 3.29% | 13,459,738 | $1.3B | Add +0.3% |
| WCN Waste Connections Inc. | 3.16% | 6,383,780 | $1.2B | Add +0.3% |
| CP Canadian Pacific Kansas City | 3.03% | 16,955,412 | $1.2B | Reduce -25.0% |
| ICLR Icon PLC | 2.94% | 6,389,671 | $1.1B | Add +0.9% |
| AMZN Amazon.com Inc. | 2.90% | 5,860,266 | $1.1B | Add +0.8% |
| CPNG Coupang Inc. | 2.85% | 49,663,297 | $1.1B | Add +0.1% |
| ASML ASML Holding NV-NY Reg SHS | 2.71% | 1,560,421 | $1.1B | Add +0.2% |
| MELI MercadoLibre Inc. | 2.63% | 500,290 | $1.0B | Add +0.2% |
| MNDY Monday.com Ltd. | 2.59% | 4,078,985 | $1.0B | Add +0.4% |
| STE Steris PLC | 2.58% | 4,504,587 | $1.0B | Add +0.2% |
| AON Aon PLC Class A | 2.08% | 2,051,816 | $809.5M | Add +0.3% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 2.05% | 76,982,469 | $796.8M | Reduce -1.5% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 2.05% | 2,336,591 | $796.2M | Add +0.3% |
| TEAM Atlassian Corp. Class A | 1.91% | 3,417,713 | $745.0M | Reduce -20.9% |
| MSFT Microsoft Corp. | 1.87% | 1,917,245 | $726.3M | Add +0.5% |
| MCK McKesson Corp. | 1.86% | 1,082,640 | $723.3M | Add +0.1% |
| V Visa Inc. Class A | 1.83% | 2,080,395 | $713.3M | Reduce -1.6% |
| NVDA Nvidia Corp. | 1.73% | 6,121,714 | $671.4M | Add +0.6% |
| UNH Unitedhealth Group Inc. | 1.61% | 1,216,132 | $627.6M | Add +0.4% |
| GE General Electric filed as GE AEROSPACE | 1.61% | 3,136,694 | $627.0M | Reduce -42.4% |
| GDDY GoDaddy Inc. Class A | 1.60% | 3,471,218 | $620.9M | Add +2.0% |
| ISRG Intuitive Surgical Inc. | 1.50% | 1,189,761 | $585.2M | Add +0.3% |
| LPLA LPL Financial Holdings Inc. | 1.42% | 1,635,354 | $550.9M | Reduce -0.4% |
| VRTX Vertex Pharmaceuticals Inc. | 1.39% | 1,098,940 | $541.4M | Add +0.7% |
| RGA Reinsurance Group of America | 1.27% | 2,514,042 | $492.4M | Add +1.3% |
| ANET Arista Networks Inc. | 1.21% | 6,038,570 | $470.6M | Reduce -0.2% |
| CTVA Corteva Inc. | 1.10% | 6,978,187 | $426.1M | Add +1.4% |
| ILMN Illumina Inc. | 0.86% | 4,179,011 | $334.3M | Add +1.2% |
| SAP Sap SE-Sponsored ADR | 0.85% | 1,229,086 | $329.4M | Add +5.5% |
| RACE Ferrari NV | 0.83% | 750,504 | $322.5M | Reduce -5.1% |
| AZN Astrazeneca PLC-Spons ADR | 0.76% | 4,003,070 | $295.4M | Add +7.3% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.74% | 4,135,857 | $286.6M | Add +2.6% |
| DDOG Datadog Inc. Class A | 0.72% | 2,759,645 | $279.0M | Reduce -35.7% |
| FRPT Freshpet Inc. | 0.61% | 2,811,135 | $237.2M | Reduce -2.5% |
| GEV GE Vernova Inc. | 0.49% | 629,765 | $190.8M | Reduce -69.5% |
| UBS UBS Group AG-Reg | 0.43% | 5,304,521 | $167.4M | Add +2.3% |
| CNQ Canadian Natural Resources | 0.35% | 4,463,643 | $136.4M | Add +2.8% |
| CLS Celestica Inc. | 0.21% | 969,208 | $80.1M | Reduce -47.2% |
| ENTG Entegris Inc. | 0.15% | 647,340 | $57.4M | Reduce -86.5% |
| BECN Beacon Roofing Supply Inc. | 0.14% | 434,294 | $53.8M | Reduce -14.1% |
| BAP Credicorp Ltd. | 0.14% | 279,291 | $52.6M | Reduce -5.0% |
| PDD PDD Holdings Inc. | 0.13% | 411,324 | $49.5M | Add +3127.3% |
| ADUS Addus Homecare Corp. | 0.12% | 494,791 | $48.1M | Add +4.9% |
| ESI Element Solutions Inc. | 0.10% | 1,697,265 | $38.9M | Reduce -5.3% |
| TCOM Trip.com Group Ltd.-ADR | 0.10% | 604,365 | $37.9M | Reduce -5.8% |
| TPR Tapestry Inc. | 0.10% | 533,734 | $37.5M | New |
| VRRM Verra Mobility Corp. | 0.10% | 1,846,578 | $37.3M | Reduce -5.8% |
| ICUI Icu Medical Inc. | 0.09% | 239,384 | $33.6M | Reduce -5.6% |
| ENSG The Ensign Group Inc. | 0.08% | 248,760 | $32.0M | Reduce -4.9% |
| CRS Carpenter Technology | 0.07% | 157,596 | $28.6M | Add +16.9% |
| FTAI Ftai Aviation Ltd. | 0.07% | 242,083 | $27.2M | Add +11.2% |
| WH Wyndham Hotels & Resorts Inc. | 0.07% | 290,596 | $26.1M | Reduce -4.9% |
| HLMN Hillman Solutions Corp. | 0.07% | 2,992,165 | $26.0M | Reduce -6.0% |
| HAYW Hayward Holdings Inc. | 0.07% | 1,862,798 | $25.6M | Reduce -5.8% |
| WTM White Mountains Insurance GP | 0.06% | 13,245 | $25.2M | Add +13.7% |
| PLUS Eplus Inc. | 0.06% | 406,449 | $25.2M | Reduce -6.2% |
| AZEK The Azek Co. Inc. | 0.06% | 492,391 | $24.4M | Reduce -5.7% |
| DORM Dorman Products Inc. | 0.06% | 202,232 | $24.4M | Reduce -5.4% |
| SKWD Skyward Specialty Insurance | 0.06% | 445,012 | $23.4M | Add +23.1% |
| CWK Cushman & Wakefield UK Holdc | 0.06% | 2,286,239 | $23.3M | Reduce -6.2% |
| BOOT Boot Barn Holdings Inc. | 0.06% | 221,236 | $23.0M | Add +62.3% |
| LSTR Landstar System Inc. | 0.06% | 151,806 | $22.4M | Reduce -2.3% |
| WNS WNS Holdings Ltd. filed as WNS HLDGS LTD | 0.06% | 355,944 | $21.8M | Add +31.7% |
| PLNT Planet Fitness Inc. Class A | 0.06% | 223,423 | $21.5M | Reduce -0.1% |
| CWST Casella Waste Systems Inc. Class A | 0.05% | 189,342 | $21.0M | Reduce -3.7% |
| RMBS Rambus Inc. | 0.05% | 388,655 | $20.9M | Add +0.6% |
| AIT Applied Industrial Tech Inc. | 0.05% | 92,155 | $20.8M | Add +9.5% |
| BZ Kanzhun Ltd. - ADR | 0.05% | 1,065,562 | $20.7M | Reduce -54.5% |
| BILL Bill Holdings Inc. | 0.05% | 442,786 | $20.5M | Add +53.6% |
| IPAR Interparfums Inc. | 0.05% | 174,615 | $20.5M | Reduce -5.7% |
| HQY Healthequity Inc. | 0.05% | 232,641 | $20.2M | New |
| CVLT Commvault Systems Inc. | 0.05% | 122,370 | $19.8M | Add +79.6% |
| MLNK Meridianlink Inc. | 0.05% | 1,061,967 | $19.8M | Reduce -5.6% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 0.05% | 209,774 | $19.7M | No change |
| MRCY Mercury Systems Inc. | 0.05% | 442,153 | $18.9M | Add +0.1% |
| CHEF The Chefs' Warehouse Inc. | 0.05% | 353,667 | $18.9M | Reduce -0.2% |
| LRN Stride Inc. | 0.05% | 148,162 | $18.7M | Reduce -25.1% |
| SN Sharkninja Inc. | 0.05% | 221,766 | $18.6M | Add +27.1% |
| INTR Inter & Co. Inc. Class A | 0.05% | 3,224,623 | $18.2M | Reduce -2.4% |
| CSW CSW Industrials Inc. | 0.05% | 62,676 | $18.2M | Reduce -5.9% |
| HALO Halozyme Therapeutics Inc. | 0.05% | 283,957 | $18.1M | Reduce -0.2% |
| VIST Vista Energy Sab DE CV | 0.05% | 378,962 | $18.0M | Reduce -2.9% |
| VRTS Virtus Investment Partners | 0.05% | 102,178 | $17.7M | Reduce -6.2% |
| ACIW Aci Worldwide Inc. | 0.04% | 322,834 | $17.5M | Reduce -0.3% |
| GTLS Chart Industries Inc. | 0.04% | 118,454 | $17.4M | Add +39.0% |
| NSIT Insight Enterprises Inc. | 0.04% | 114,047 | $17.4M | Add +60.9% |
| MZTI The Marzetti Company filed as LANCASTER COLONY CORP | 0.04% | 99,474 | $17.4M | Reduce -5.8% |
| PPLI People Inc. filed as IAC INC | 0.04% | 373,866 | $17.3M | Add +0.1% |
| EVR Evercore Inc. Class A | 0.04% | 86,580 | $17.3M | Add +22.3% |
| WAL Western Alliance Bancorp | 0.04% | 222,693 | $17.0M | Reduce -16.1% |
| VRNS Varonis Systems Inc. | 0.04% | 405,982 | $16.9M | Add +0.2% |
| EGP Eastgroup Properties Inc. | 0.04% | 95,709 | $16.9M | Reduce -0.8% |
| OLLI Ollie's Bargain Outlet Holdi | 0.04% | 147,738 | $16.7M | Reduce -6.0% |
| PRI Primerica Inc. | 0.04% | 57,936 | $16.4M | Reduce -23.9% |
Portfolio Sells Q4 2024 → Q1 2025
| GEV GE Vernova Inc. | Reduce -69.5% | 0.49% | −1.12 |
| ENTG Entegris Inc. | Reduce -86.5% | 0.15% | −0.97 |
| APP AppLovin Corp. Class A | Reduce -7.3% | 4.50% | −0.97 |
| BAH Booz Allen Hamilton Holdings | Reduce -99.1% | 0.01% | −0.81 |
| CP Canadian Pacific Kansas City | Reduce -25.0% | 3.03% | −0.80 |
| DDOG Datadog Inc. Class A | Reduce -35.7% | 0.72% | −0.74 |
| TEAM Atlassian Corp. Class A | Reduce -20.9% | 1.91% | −0.59 |
| GE General Electric | Reduce -42.4% | 1.61% | −0.54 |
| FRPT Freshpet Inc. | Reduce -2.5% | 0.61% | −0.40 |
| ANET Arista Networks Inc. | Reduce -0.2% | 1.21% | −0.38 |
| FERG Ferguson Enterprises Inc. | Sold out | 0.00% | −0.33 |
| CLS Celestica Inc. | Reduce -47.2% | 0.21% | −0.20 |
| EFA iShares MSCI Eafe ETF | Reduce -96.1% | 0.01% | −0.20 |
| TTEK Tetra Tech Inc. | Reduce -96.0% | 0.00% | −0.11 |
| GRAB Grab Holdings Ltd. Class A | Reduce -91.6% | 0.01% | −0.11 |
| GLOB Globant SA | Sold out | 0.00% | −0.08 |
| AMN Amn Healthcare Services Inc. | Sold out | 0.00% | −0.06 |
| AS Amer Sports Inc. | Reduce -80.3% | 0.01% | −0.05 |
| WEX Wex Inc. | Sold out | 0.00% | −0.04 |
| FN Fabrinet | Sold out | 0.00% | −0.04 |
| GO Grocery Outlet Holding Corp. | Sold out | 0.00% | −0.04 |
| GB Global Blue Group Holding AG | Sold out | 0.00% | −0.03 |
| IT Gartner Inc. | Sold out | 0.00% | −0.03 |
| S Sentinelone Inc. Class A | Sold out | 0.00% | −0.03 |
| SSD Simpson Manufacturing Co. Inc. | Sold out | 0.00% | −0.03 |
| BZ Kanzhun Ltd. - ADR | Reduce -54.5% | 0.05% | −0.02 |
| DCGO Docgo Inc. | Reduce -24.9% | 0.02% | −0.02 |
| ACWI iShares MSCI Acwi ETF | Sold out | 0.00% | −0.02 |
| VRRM Verra Mobility Corp. | Reduce -5.8% | 0.10% | −0.02 |
| MOD Modine Manufacturing Co. | Sold out | 0.00% | −0.01 |
| PFGC Performance Food Group Co. | Reduce -29.0% | 0.04% | −0.01 |
| CWK Cushman & Wakefield UK Holdc | Reduce -6.2% | 0.06% | −0.01 |
| SMTC Semtech Corp. | Reduce -0.2% | 0.02% | −0.01 |
| HUYA Huya Inc.-ADR | Reduce -63.5% | 0.01% | −0.01 |
| NOVT Novanta Inc. | Reduce -25.5% | 0.02% | −0.01 |
| VRTS Virtus Investment Partners | Reduce -6.2% | 0.05% | −0.01 |
| STRL Sterling Infrastructure Inc. | Reduce -0.2% | 0.03% | −0.01 |
| VLRS Controladora Vuela Cia-ADR | Reduce -2.6% | 0.03% | −0.01 |
| PLUS Eplus Inc. | Reduce -6.2% | 0.06% | −0.01 |
| KO The Coca-Cola Co. | Sold out | 0.00% | −0.01 |
| CRDO Credo Technology Group Holdi | Reduce -0.2% | 0.02% | −0.01 |
| SPSC SPS Commerce Inc. | Reduce -0.4% | 0.03% | −0.01 |
| GKOS Glaukos Corp. | Reduce -0.8% | 0.03% | −0.01 |
| CSW CSW Industrials Inc. | Reduce -5.9% | 0.05% | −0.01 |
| WAL Western Alliance Bancorp | Reduce -16.1% | 0.04% | −0.01 |
| AMWD American Woodmark Corp. | Reduce -6.2% | 0.03% | −0.01 |
| ESI Element Solutions Inc. | Reduce -5.3% | 0.10% | −0.01 |
| ICFI Icf International Inc. | Reduce -5.8% | 0.02% | −0.01 |
| SAIA Saia Inc. | Reduce -0.2% | 0.04% | −0.01 |
| ASH Ashland Inc. | Reduce -5.0% | 0.04% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| LIN Linde PLC | Add +0.3% | 3.94% | +0.67 |
| MELI MercadoLibre Inc. | Add +0.2% | 2.63% | +0.61 |
| WCN Waste Connections Inc. | Add +0.3% | 3.16% | +0.60 |
| AJG Arthur J Gallagher & Co. | Add +0.3% | 2.05% | +0.49 |
| STE Steris PLC | Add +0.2% | 2.58% | +0.41 |
| MCK McKesson Corp. | Add +0.1% | 1.86% | +0.41 |
| ACGL Arch Capital Group Ltd. | Add +0.3% | 3.29% | +0.39 |
| VRTX Vertex Pharmaceuticals Inc. | Add +0.7% | 1.39% | +0.37 |
| AON Aon PLC Class A | Add +0.3% | 2.08% | +0.36 |
| MNDY Monday.com Ltd. | Add +0.4% | 2.59% | +0.34 |
| CPNG Coupang Inc. | Add +0.1% | 2.85% | +0.26 |
| AZN Astrazeneca PLC-Spons ADR | Add +7.3% | 0.76% | +0.18 |
| CTVA Corteva Inc. | Add +1.4% | 1.10% | +0.18 |
| UNH Unitedhealth Group Inc. | Add +0.4% | 1.61% | +0.17 |
| SAP Sap SE-Sponsored ADR | Add +5.5% | 0.85% | +0.16 |
| ASML ASML Holding NV-NY Reg SHS | Add +0.2% | 2.71% | +0.16 |
| PDD PDD Holdings Inc. | Add +3127.3% | 0.13% | +0.12 |
| TPR Tapestry Inc. | New | 0.10% | +0.10 |
| UBS UBS Group AG-Reg | Add +2.3% | 0.43% | +0.06 |
| HQY Healthequity Inc. | New | 0.05% | +0.05 |
| CNQ Canadian Natural Resources | Add +2.8% | 0.35% | +0.04 |
| AAON Aaon Inc. | New | 0.04% | +0.04 |
| FRSH Freshworks Inc. Class A | New | 0.03% | +0.03 |
| ISRG Intuitive Surgical Inc. | Add +0.3% | 1.50% | +0.03 |
| HOOD Robinhood Markets Inc. Class A | New | 0.03% | +0.03 |
| NBIS Nebius Group NV | New | 0.03% | +0.03 |
| CVLT Commvault Systems Inc. | Add +79.6% | 0.05% | +0.03 |
| RGA Reinsurance Group of America | Add +1.3% | 1.27% | +0.03 |
| WNS WNS Holdings Ltd. | Add +31.7% | 0.06% | +0.03 |
| TTAN Servicetitan Inc. Class A | New | 0.02% | +0.02 |
| CRS Carpenter Technology | Add +16.9% | 0.07% | +0.02 |
| NSIT Insight Enterprises Inc. | Add +60.9% | 0.04% | +0.02 |
| WWW Wolverine World Wide Inc. | New | 0.02% | +0.02 |
| SKWD Skyward Specialty Insurance | Add +23.1% | 0.06% | +0.02 |
| WTM White Mountains Insurance GP | Add +13.7% | 0.06% | +0.01 |
| CDRE Cadre Holdings Inc. | Add +38.6% | 0.04% | +0.01 |
| BABA Alibaba Group Holding-SP ADR | New | 0.01% | +0.01 |
| BHVN Biohaven Ltd. | Add +154.8% | 0.02% | +0.01 |
| BOOT Boot Barn Holdings Inc. | Add +62.3% | 0.06% | +0.01 |
| PM Philip Morris International | Add +50.5% | 0.02% | +0.01 |
| IRTC Irhythm Holdings Inc. | Add +0.2% | 0.04% | +0.01 |
| SN Sharkninja Inc. | Add +27.1% | 0.05% | +0.01 |
| RVMD Revolution Medicines Inc. | Add +56.2% | 0.02% | +0.01 |
| PPLI People Inc. | Add +0.1% | 0.04% | +0.01 |
| TT Trane Technologies PLC | Add +143.1% | 0.01% | +0.01 |
| GTLS Chart Industries Inc. | Add +39.0% | 0.04% | +0.01 |
| AIT Applied Industrial Tech Inc. | Add +9.5% | 0.05% | +0.01 |
| DEO Diageo PLC-Sponsored ADR | New | 0.01% | +0.01 |
| RARE Ultragenyx Pharmaceutical Inc. | Add +49.1% | 0.02% | +0.01 |
| LLY Eli Lilly & Co. | Add +1.5% | 0.04% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 266 | $55.2B | STX, TSM, SE, ASML, PM |
| Q1 2026 | 263 | $43.8B | TSM, SE, ASML, APP, PM |
| Q4 2025 | 241 | $48.6B | SE, APP, TSM, ASML, PM |
| Q3 2025 | 228 | $48.1B | SE, APP, TSM, SPOT, ASML |
| Q2 2025 | 219 | $43.8B | SE, SPOT, TSM, PM, APP |
| Q1 2025 | 278 | $38.9B | SE, SPOT, APP, IBN, TSM |
| Q4 2024Amended | 288 | $42.5B | SE, APP, TSM, SPOT, CP |
| Q3 2024 | 289 | $44.1B | CP, SE, IBN, ICLR, TSM |
| Q2 2024 | 267 | $42.3B | CP, ICLR, IBN, ASML, WCN |
| Q1 2024 | 247 | $42.1B | CP, ICLR, TEAM, IBN, ASML |