WCM Investment Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 29, 2025), WCM Investment Management, LLC reported 219 stock positions worth $43.8 billion. Its top holding was Sea Ltd.-ADR (SE) at 9.4% of the portfolio, followed by Spotify Technology (SPOT, 5.9%) and Taiwan Semiconductor-SP ADR (TSM, 5.2%). Compared with Q1 2025, it opened 13 new positions, sold out of 72, added to 131 and reduced 72. The biggest buy was Philip Morris International (PM, shares +24968%) and the biggest sale Icon (ICLR, shares −97%).
- Most Recent 13F
- Q2 2026
- Location
- LAGUNA BEACH, CA
- CIK
- 0001061186
- Portfolio Value
- $43.8B (Q2 2025)
- SEC Filing
- 0001062993-25-013207 ↗ filed Jul 29, 2025
Holdings Value
Holdings 219 stocks · $43.8B
| SE Sea Ltd.-ADR | 9.38% | 25,807,216 | $4.1B | Add +2.6% |
| SPOT Spotify Technology SA | 5.91% | 3,352,959 | $2.6B | Reduce -0.8% |
| TSM Taiwan Semiconductor-SP ADR | 5.25% | 10,058,659 | $2.3B | Add +3.3% |
| PM Philip Morris International | 4.66% | 11,275,606 | $2.0B | Add +24968.0% |
| APP AppLovin Corp. Class A | 4.46% | 5,859,423 | $2.0B | Reduce -8.8% |
| IBN Icici Bank Ltd.-Spon ADR | 4.21% | 54,453,980 | $1.8B | Add +1.6% |
| LIN Linde PLC | 3.60% | 3,401,590 | $1.6B | Add +1.9% |
| CPNG Coupang Inc. | 3.46% | 49,168,456 | $1.5B | Reduce -1.0% |
| AMZN Amazon.com Inc. | 3.14% | 6,170,680 | $1.4B | Add +5.3% |
| CP Canadian Pacific Kansas City | 2.99% | 16,730,413 | $1.3B | Reduce -1.3% |
| MELI MercadoLibre Inc. | 2.90% | 495,685 | $1.3B | Reduce -0.9% |
| MNDY Monday.com Ltd. | 2.86% | 4,069,392 | $1.3B | Reduce -0.2% |
| ASML ASML Holding NV-NY Reg SHS | 2.81% | 1,548,246 | $1.2B | Reduce -0.8% |
| WCN Waste Connections Inc. | 2.76% | 6,501,719 | $1.2B | Add +1.9% |
| ACGL Arch Capital Group Ltd. | 2.75% | 13,353,709 | $1.2B | Reduce -0.8% |
| NVDA Nvidia Corp. | 2.33% | 6,470,999 | $1.0B | Add +5.7% |
| MSFT Microsoft Corp. | 2.25% | 1,988,513 | $986.2M | Add +3.7% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 2.23% | 73,819,172 | $978.1M | Reduce -4.1% |
| HOOD Robinhood Markets Inc. Class A | 2.19% | 11,555,160 | $959.4M | Add +3615.8% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 1.79% | 2,464,662 | $783.1M | Add +5.5% |
| V Visa Inc. Class A | 1.73% | 2,168,620 | $756.0M | Add +4.2% |
| AON Aon PLC Class A | 1.64% | 2,040,243 | $719.7M | Reduce -0.6% |
| MCK McKesson Corp. | 1.62% | 978,333 | $710.1M | Reduce -9.6% |
| TEAM Atlassian Corp. Class A | 1.56% | 3,388,634 | $685.6M | Reduce -0.8% |
| CTVA Corteva Inc. | 1.54% | 9,044,706 | $672.8M | Add +29.6% |
| GDDY GoDaddy Inc. Class A | 1.51% | 3,670,677 | $661.0M | Add +5.8% |
| LPLA LPL Financial Holdings Inc. | 1.44% | 1,730,777 | $631.7M | Add +5.8% |
| GE General Electric filed as GE AEROSPACE | 1.39% | 2,388,652 | $607.9M | Reduce -23.9% |
| RGA Reinsurance Group of America | 1.19% | 2,639,979 | $521.3M | Add +5.0% |
| VRTX Vertex Pharmaceuticals Inc. | 1.17% | 1,163,670 | $513.5M | Add +5.9% |
| STE Steris PLC | 1.14% | 2,099,115 | $501.2M | Reduce -53.4% |
| ILMN Illumina Inc. | 0.96% | 4,426,471 | $419.6M | Add +5.9% |
| UNH Unitedhealth Group Inc. | 0.90% | 1,271,535 | $393.0M | Add +4.6% |
| SAP Sap SE-Sponsored ADR | 0.84% | 1,224,778 | $368.8M | Reduce -0.3% |
| GEV GE Vernova Inc. | 0.78% | 659,451 | $342.7M | Add +4.7% |
| RACE Ferrari NV | 0.51% | 453,188 | $222.6M | Reduce -39.6% |
| FRPT Freshpet Inc. | 0.43% | 2,773,090 | $189.7M | Reduce -1.4% |
| AZN Astrazeneca PLC-Spons ADR | 0.42% | 2,653,082 | $185.3M | Reduce -33.7% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.41% | 2,634,705 | $180.5M | Reduce -36.3% |
| UBS UBS Group AG-Reg | 0.40% | 5,221,697 | $174.6M | Reduce -1.6% |
| CNQ Canadian Natural Resources | 0.33% | 4,633,243 | $145.7M | Add +3.8% |
| CLS Celestica Inc. | 0.31% | 893,991 | $136.5M | Reduce -7.8% |
| INTR Inter & Co. Inc. Class A | 0.15% | 8,724,180 | $64.1M | Add +170.6% |
| BAP Credicorp Ltd. | 0.14% | 269,176 | $60.3M | Reduce -3.6% |
| ADUS Addus Homecare Corp. | 0.13% | 489,060 | $56.3M | Reduce -1.2% |
| SN Sharkninja Inc. | 0.13% | 575,867 | $55.6M | Add +159.7% |
| CRS Carpenter Technology | 0.13% | 200,944 | $55.4M | Add +27.5% |
| TPR Tapestry Inc. | 0.11% | 560,101 | $48.8M | Add +4.9% |
| VRRM Verra Mobility Corp. | 0.11% | 1,825,289 | $46.4M | Reduce -1.1% |
| ESI Element Solutions Inc. | 0.09% | 1,679,998 | $38.3M | Reduce -1.0% |
| ENSG The Ensign Group Inc. | 0.09% | 246,742 | $37.8M | Reduce -0.8% |
| VIST Vista Energy Sab DE CV | 0.08% | 766,219 | $37.0M | Add +102.2% |
| STRL Sterling Infrastructure Inc. | 0.08% | 150,567 | $34.9M | Add +42.6% |
| AIT Applied Industrial Tech Inc. | 0.08% | 142,660 | $33.1M | Add +54.8% |
| PLUS Eplus Inc. | 0.07% | 433,226 | $31.7M | Add +6.6% |
| ICUI Icu Medical Inc. | 0.07% | 236,623 | $31.2M | Reduce -1.1% |
| FTAI Ftai Aviation Ltd. | 0.07% | 258,801 | $30.7M | Add +6.9% |
| TCOM Trip.com Group Ltd.-ADR | 0.07% | 521,186 | $30.6M | Reduce -13.8% |
| EVR Evercore Inc. Class A | 0.07% | 110,404 | $29.7M | Add +27.5% |
| PDD PDD Holdings Inc. | 0.07% | 279,885 | $29.4M | Reduce -32.0% |
| ICLR Icon PLC | 0.07% | 199,946 | $28.9M | Reduce -96.9% |
| TTAN Servicetitan Inc. Class A | 0.07% | 265,316 | $28.6M | Add +215.4% |
| NBIS Nebius Group NV | 0.06% | 521,925 | $27.1M | Reduce -3.0% |
| AZEK The Azek Co. Inc. | 0.06% | 486,715 | $26.7M | Reduce -1.1% |
| RMBS Rambus Inc. | 0.06% | 416,901 | $26.7M | Add +7.3% |
| FIX Comfort Systems USA Inc. | 0.06% | 49,592 | $26.5M | Add +6.5% |
| HQY Healthequity Inc. | 0.06% | 248,950 | $26.1M | Add +7.0% |
| THC Tenet Healthcare Corp. | 0.06% | 148,141 | $25.7M | New |
| HAYW Hayward Holdings Inc. | 0.06% | 1,860,744 | $25.7M | Reduce -0.1% |
| CWK Cushman & Wakefield UK Holdc | 0.06% | 2,259,850 | $25.2M | Reduce -1.1% |
| SKWD Skyward Specialty Insurance | 0.06% | 439,860 | $25.0M | Reduce -1.2% |
| DORM Dorman Products Inc. | 0.06% | 199,900 | $24.9M | Reduce -1.1% |
| BOOT Boot Barn Holdings Inc. | 0.06% | 159,791 | $24.7M | Reduce -27.8% |
| LSTR Landstar System Inc. | 0.05% | 170,964 | $23.8M | Add +12.6% |
| CHEF The Chefs' Warehouse Inc. | 0.05% | 374,841 | $23.8M | Add +6.0% |
| WIX Wix.com Ltd. | 0.05% | 149,643 | $23.6M | Add +420.2% |
| WH Wyndham Hotels & Resorts Inc. | 0.05% | 287,781 | $23.6M | Reduce -1.0% |
| WNS WNS Holdings Ltd. filed as WNS HLDGS LTD | 0.05% | 388,037 | $23.5M | Add +9.0% |
| WTM White Mountains Insurance GP | 0.05% | 13,097 | $23.4M | Reduce -1.1% |
| RRX Regal Rexnord Corp. | 0.05% | 157,677 | $23.1M | Add +43.2% |
| SMTC Semtech Corp. | 0.05% | 514,307 | $23.1M | Add +109.6% |
| IPAR Interparfums Inc. | 0.05% | 174,931 | $23.1M | Add +0.2% |
| VRTS Virtus Investment Partners | 0.05% | 125,078 | $22.9M | Add +22.4% |
| CVLT Commvault Systems Inc. | 0.05% | 130,353 | $22.7M | Add +6.5% |
| WELL Welltower Inc. | 0.05% | 148,115 | $22.5M | New |
| VRNS Varonis Systems Inc. | 0.05% | 434,028 | $21.8M | Add +6.9% |
| BILL Bill Holdings Inc. | 0.05% | 464,155 | $21.2M | Add +4.8% |
| HLMN Hillman Solutions Corp. | 0.05% | 2,956,955 | $21.1M | Reduce -1.2% |
| NOVT Novanta Inc. | 0.05% | 158,833 | $20.6M | Add +115.0% |
| KVYO Klaviyo Inc. Class A | 0.05% | 619,165 | $20.5M | Add +58.7% |
| IBP Installed Building Products | 0.05% | 114,076 | $20.4M | Add +24.5% |
| PLNT Planet Fitness Inc. Class A | 0.05% | 187,175 | $20.3M | Reduce -16.2% |
| RH RH | 0.05% | 105,730 | $20.2M | Add +130.9% |
| CHDN Churchill Downs Inc. | 0.05% | 199,713 | $20.2M | Add +44.4% |
| SAIA Saia Inc. | 0.04% | 70,372 | $19.5M | Add +66.8% |
| OLLI Ollie's Bargain Outlet Holdi | 0.04% | 145,990 | $19.4M | Reduce -1.2% |
| CWST Casella Waste Systems Inc. Class A | 0.04% | 167,213 | $19.3M | Reduce -11.7% |
| MRCY Mercury Systems Inc. | 0.04% | 354,684 | $18.9M | Reduce -19.8% |
| WAL Western Alliance Bancorp | 0.04% | 234,809 | $18.2M | Add +5.4% |
| TXRH Texas Roadhouse Inc. | 0.04% | 96,155 | $18.1M | Add +6.0% |
Portfolio Sells Q1 2025 → Q2 2025
| ICLR Icon PLC | Reduce -96.9% | 0.07% | −2.88 |
| ISRG Intuitive Surgical Inc. | Sold out | 0.00% | −1.50 |
| STE Steris PLC | Reduce -53.4% | 1.14% | −1.44 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −1.21 |
| DDOG Datadog Inc. Class A | Sold out | 0.00% | −0.72 |
| ACGL Arch Capital Group Ltd. | Reduce -0.8% | 2.75% | −0.54 |
| AON Aon PLC Class A | Reduce -0.6% | 1.64% | −0.44 |
| TEAM Atlassian Corp. Class A | Reduce -0.8% | 1.56% | −0.35 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -33.7% | 0.42% | −0.34 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -36.3% | 0.41% | −0.32 |
| RACE Ferrari NV | Reduce -39.6% | 0.51% | −0.32 |
| MCK McKesson Corp. | Reduce -9.6% | 1.62% | −0.24 |
| GE General Electric | Reduce -23.9% | 1.39% | −0.22 |
| FRPT Freshpet Inc. | Reduce -1.4% | 0.43% | −0.18 |
| ENTG Entegris Inc. | Reduce -94.4% | 0.01% | −0.14 |
| BECN Beacon Roofing Supply Inc. | Sold out | 0.00% | −0.14 |
| PDD PDD Holdings Inc. | Reduce -32.0% | 0.07% | −0.06 |
| HALO Halozyme Therapeutics Inc. | Sold out | 0.00% | −0.05 |
| BZ Kanzhun Ltd. - ADR | Reduce -84.1% | 0.01% | −0.05 |
| GTLS Chart Industries Inc. | Sold out | 0.00% | −0.04 |
| PPLI People Inc. | Sold out | 0.00% | −0.04 |
| CP Canadian Pacific Kansas City | Reduce -1.3% | 2.99% | −0.04 |
| APP AppLovin Corp. Class A | Reduce -8.8% | 4.46% | −0.03 |
| SPSC SPS Commerce Inc. | Sold out | 0.00% | −0.03 |
| KNX Knight-Swift Transportation | Sold out | 0.00% | −0.03 |
| VLRS Controladora Vuela Cia-ADR | Sold out | 0.00% | −0.03 |
| UBS UBS Group AG-Reg | Reduce -1.6% | 0.40% | −0.03 |
| SGRY Surgery Partners Inc. | Sold out | 0.00% | −0.03 |
| TCOM Trip.com Group Ltd.-ADR | Reduce -13.8% | 0.07% | −0.03 |
| CGNX Cognex Corp. | Sold out | 0.00% | −0.03 |
| DCGO Docgo Inc. | Sold out | 0.00% | −0.02 |
| HLMN Hillman Solutions Corp. | Reduce -1.2% | 0.05% | −0.02 |
| AMGN Amgen Inc. | Sold out | 0.00% | −0.02 |
| JPM JPMorgan Chase & Co. | Sold out | 0.00% | −0.02 |
| ETR Entergy Corp. | Sold out | 0.00% | −0.02 |
| CFR Cullen/Frost Bankers Inc. | Sold out | 0.00% | −0.02 |
| ICUI Icu Medical Inc. | Reduce -1.1% | 0.07% | −0.01 |
| CME Cme Group Inc. | Sold out | 0.00% | −0.01 |
| FWRG First Watch Restaurant Group | Reduce -22.3% | 0.03% | −0.01 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.01 |
| CSCO Cisco Systems Inc. | Sold out | 0.00% | −0.01 |
| WH Wyndham Hotels & Resorts Inc. | Reduce -1.0% | 0.05% | −0.01 |
| ESI Element Solutions Inc. | Reduce -1.0% | 0.09% | −0.01 |
| UL Unilever PLC | Sold out | 0.00% | −0.01 |
| MLNK Meridianlink Inc. | Reduce -1.1% | 0.04% | −0.01 |
| TXN Texas Instruments Inc. | Sold out | 0.00% | −0.01 |
| JNJ Johnson & Johnson | Sold out | 0.00% | −0.01 |
| WTM White Mountains Insurance GP | Reduce -1.1% | 0.05% | −0.01 |
| CVX Chevron Corp. | Sold out | 0.00% | −0.01 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| PM Philip Morris International | Add +24968.0% | 4.66% | +4.64 |
| HOOD Robinhood Markets Inc. Class A | Add +3615.8% | 2.19% | +2.16 |
| TSM Taiwan Semiconductor-SP ADR | Add +3.3% | 5.25% | +1.11 |
| SE Sea Ltd.-ADR | Add +2.6% | 9.38% | +0.94 |
| NVDA Nvidia Corp. | Add +5.7% | 2.33% | +0.60 |
| CTVA Corteva Inc. | Add +29.6% | 1.54% | +0.44 |
| MSFT Microsoft Corp. | Add +3.7% | 2.25% | +0.38 |
| GEV GE Vernova Inc. | Add +4.7% | 0.78% | +0.29 |
| AMZN Amazon.com Inc. | Add +5.3% | 3.14% | +0.24 |
| INTR Inter & Co. Inc. Class A | Add +170.6% | 0.15% | +0.10 |
| ILMN Illumina Inc. | Add +5.9% | 0.96% | +0.10 |
| SN Sharkninja Inc. | Add +159.7% | 0.13% | +0.08 |
| THC Tenet Healthcare Corp. | New | 0.06% | +0.06 |
| CRS Carpenter Technology | Add +27.5% | 0.13% | +0.05 |
| WELL Welltower Inc. | New | 0.05% | +0.05 |
| STRL Sterling Infrastructure Inc. | Add +42.6% | 0.08% | +0.05 |
| TTAN Servicetitan Inc. Class A | Add +215.4% | 0.07% | +0.04 |
| WIX Wix.com Ltd. | Add +420.2% | 0.05% | +0.04 |
| MRX Marex UK Holdings Ltd. | New | 0.04% | +0.04 |
| KRMN Karman Holdings Inc. | New | 0.04% | +0.04 |
| VIST Vista Energy Sab DE CV | Add +102.2% | 0.08% | +0.04 |
| WING Wingstop Inc. | New | 0.04% | +0.04 |
| GTLB Gitlab Inc. Class A | New | 0.03% | +0.03 |
| RKLB Rocket Lab Corp. | New | 0.03% | +0.03 |
| SMTC Semtech Corp. | Add +109.6% | 0.05% | +0.03 |
| LPLA LPL Financial Holdings Inc. | Add +5.8% | 1.44% | +0.03 |
| EVR Evercore Inc. Class A | Add +27.5% | 0.07% | +0.02 |
| NOVT Novanta Inc. | Add +115.0% | 0.05% | +0.02 |
| AIT Applied Industrial Tech Inc. | Add +54.8% | 0.08% | +0.02 |
| FIX Comfort Systems USA Inc. | Add +6.5% | 0.06% | +0.02 |
| RRX Regal Rexnord Corp. | Add +43.2% | 0.05% | +0.02 |
| CRDO Credo Technology Group Holdi | Add +7.1% | 0.04% | +0.02 |
| RH RH | Add +130.9% | 0.05% | +0.02 |
| KVYO Klaviyo Inc. Class A | Add +58.7% | 0.05% | +0.02 |
| TPR Tapestry Inc. | Add +4.9% | 0.11% | +0.01 |
| AGX Argan Inc. | Add +7.2% | 0.04% | +0.01 |
| ATRC Atricure Inc. | Add +69.4% | 0.02% | +0.01 |
| PLUS Eplus Inc. | Add +6.6% | 0.07% | +0.01 |
| HQY Healthequity Inc. | Add +7.0% | 0.06% | +0.01 |
| RMBS Rambus Inc. | Add +7.3% | 0.06% | +0.01 |
| VRTS Virtus Investment Partners | Add +22.4% | 0.05% | +0.01 |
| CHDN Churchill Downs Inc. | Add +44.4% | 0.05% | +0.01 |
| IBP Installed Building Products | Add +24.5% | 0.05% | +0.01 |
| VRNS Varonis Systems Inc. | Add +6.9% | 0.05% | +0.01 |
| INSM Insmed Inc. | Add +6.7% | 0.04% | +0.01 |
| CHEF The Chefs' Warehouse Inc. | Add +6.0% | 0.05% | +0.01 |
| SAIA Saia Inc. | Add +66.8% | 0.04% | +0.01 |
| WWW Wolverine World Wide Inc. | Add +8.6% | 0.02% | +0.01 |
| BBIO Bridgebio Pharma Inc. | Add +6.6% | 0.03% | +0.00 |
| META Meta Platforms Inc. Class A | Add +0.2% | 0.04% | +0.00 |
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 |