WCM Investment Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 4, 2025), WCM Investment Management, LLC reported 228 stock positions worth $48.1 billion. Its top holding was Sea Ltd.-ADR (SE) at 9.8% of the portfolio, followed by AppLovin Class A (APP, 7.3%) and Taiwan Semiconductor-SP ADR (TSM, 5.7%). Compared with Q2 2025, it opened 33 new positions, sold out of 24, added to 81 and reduced 109. The biggest buy was a new position in Seagate Technology (STX) and the biggest sale an exit from Atlassian Class A (TEAM).
- Most Recent 13F
- Q2 2026
- Location
- LAGUNA BEACH, CA
- CIK
- 0001061186
- Portfolio Value
- $48.1B (Q3 2025)
- SEC Filing
- 0001062993-25-016445 ↗ filed Nov 4, 2025
Holdings Value
Holdings 228 stocks · $48.1B
| SE Sea Ltd.-ADR | 9.84% | 26,053,176 | $4.7B | Add +0.9% |
| APP AppLovin Corp. Class A | 7.32% | 4,942,079 | $3.5B | Reduce -15.7% |
| TSM Taiwan Semiconductor-SP ADR | 5.74% | 10,090,519 | $2.8B | Add +0.3% |
| SPOT Spotify Technology SA | 5.08% | 3,352,952 | $2.4B | Reduce 0.0% |
| ASML ASML Holding NV-NY Reg SHS | 3.87% | 1,933,748 | $1.9B | Add +24.9% |
| PM Philip Morris International | 3.82% | 11,270,786 | $1.8B | Reduce -0.0% |
| IBN Icici Bank Ltd.-Spon ADR | 3.42% | 54,167,608 | $1.6B | Reduce -0.5% |
| LIN Linde PLC | 3.35% | 3,383,191 | $1.6B | Reduce -0.5% |
| CPNG Coupang Inc. | 3.35% | 49,017,591 | $1.6B | Reduce -0.3% |
| AMZN Amazon.com Inc. | 2.86% | 6,196,849 | $1.4B | Add +0.4% |
| MELI MercadoLibre Inc. | 2.59% | 497,518 | $1.2B | Add +0.4% |
| CP Canadian Pacific Kansas City | 2.56% | 16,740,173 | $1.2B | Add +0.1% |
| ACGL Arch Capital Group Ltd. | 2.53% | 13,525,402 | $1.2B | Add +1.3% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 2.47% | 74,478,698 | $1.2B | Add +0.9% |
| STX Seagate Technology Holdings | 2.47% | 5,182,949 | $1.2B | New |
| HOOD Robinhood Markets Inc. Class A | 2.46% | 8,642,033 | $1.2B | Reduce -25.2% |
| WCN Waste Connections Inc. | 2.34% | 6,462,113 | $1.1B | Reduce -0.6% |
| MSFT Microsoft Corp. | 2.09% | 1,954,849 | $1.0B | Reduce -1.7% |
| MNDY Monday.com Ltd. | 1.75% | 4,184,745 | $843.5M | Add +2.8% |
| NVDA Nvidia Corp. | 1.74% | 4,595,194 | $835.6M | Reduce -29.0% |
| WDC Western Digital Corp. | 1.65% | 6,778,460 | $791.3M | New |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 1.55% | 2,431,998 | $743.5M | Reduce -1.3% |
| MCK McKesson Corp. | 1.53% | 966,131 | $736.0M | Reduce -1.3% |
| V Visa Inc. Class A | 1.51% | 2,138,369 | $727.4M | Reduce -1.4% |
| AON Aon PLC Class A | 1.50% | 2,037,843 | $722.7M | Reduce -0.1% |
| GE General Electric filed as GE AEROSPACE | 1.44% | 2,354,225 | $691.3M | Reduce -1.4% |
| GLW Corning Inc. | 1.41% | 8,434,229 | $676.9M | New |
| CTVA Corteva Inc. | 1.26% | 8,933,223 | $605.4M | Reduce -1.2% |
| LPLA LPL Financial Holdings Inc. | 1.24% | 1,742,991 | $593.7M | Add +0.7% |
| GDDY GoDaddy Inc. Class A | 1.10% | 3,736,821 | $529.4M | Add +1.8% |
| RGA Reinsurance Group of America | 1.08% | 2,734,458 | $519.4M | Add +3.6% |
| VRTX Vertex Pharmaceuticals Inc. | 0.95% | 1,150,132 | $454.7M | Reduce -1.2% |
| UNH Unitedhealth Group Inc. | 0.90% | 1,254,752 | $433.1M | Reduce -1.3% |
| GEV GE Vernova Inc. | 0.85% | 681,672 | $410.7M | Add +3.4% |
| ILMN Illumina Inc. | 0.80% | 4,181,681 | $384.2M | Reduce -5.5% |
| SAP Sap SE-Sponsored ADR | 0.67% | 1,221,588 | $322.3M | Reduce -0.3% |
| STE Steris PLC | 0.60% | 1,171,994 | $287.6M | Reduce -44.2% |
| UBS UBS Group AG-Reg | 0.45% | 5,217,681 | $215.6M | Reduce -0.1% |
| RACE Ferrari NV | 0.43% | 433,609 | $209.0M | Reduce -4.3% |
| AZN Astrazeneca PLC-Spons ADR | 0.41% | 2,663,759 | $197.5M | Add +0.4% |
| CLS Celestica Inc. | 0.36% | 709,223 | $174.4M | Reduce -20.7% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.32% | 2,732,182 | $151.6M | Add +3.7% |
| CNQ Canadian Natural Resources | 0.31% | 4,633,966 | $149.7M | Add +0.0% |
| THC Tenet Healthcare Corp. | 0.21% | 510,224 | $102.7M | Add +244.4% |
| INTR Inter & Co. Inc. Class A | 0.20% | 10,586,349 | $98.1M | Add +21.3% |
| TPR Tapestry Inc. | 0.19% | 815,037 | $90.8M | Add +45.5% |
| CRS Carpenter Technology | 0.18% | 357,498 | $86.3M | Add +77.9% |
| SN Sharkninja Inc. | 0.15% | 661,537 | $70.3M | Add +14.9% |
| BAP Credicorp Ltd. | 0.14% | 257,494 | $68.9M | Reduce -4.3% |
| FIX Comfort Systems USA Inc. | 0.13% | 80,823 | $64.8M | Add +63.0% |
| AGX Argan Inc. | 0.11% | 200,485 | $54.3M | Add +169.5% |
| FTAI Ftai Aviation Ltd. | 0.11% | 321,532 | $52.5M | Add +24.2% |
| ADUS Addus Homecare Corp. | 0.11% | 429,797 | $50.6M | Reduce -12.1% |
| CX Cemex Sab-Spons ADR Part Cer | 0.10% | 5,381,108 | $48.7M | New |
| VRRM Verra Mobility Corp. | 0.08% | 1,605,944 | $39.8M | Reduce -12.0% |
| ESI Element Solutions Inc. | 0.08% | 1,501,492 | $37.5M | Reduce -10.6% |
| EVR Evercore Inc. Class A | 0.08% | 109,840 | $37.4M | Reduce -0.5% |
| AIT Applied Industrial Tech Inc. | 0.08% | 141,749 | $36.6M | Reduce -0.6% |
| MLCO Melco Resorts & Entert-ADR | 0.07% | 3,624,455 | $35.7M | New |
| CWK Cushman & Wakefield UK Holdc | 0.07% | 2,026,167 | $32.5M | Reduce -10.3% |
| SMTC Semtech Corp. | 0.07% | 512,092 | $31.7M | Reduce -0.4% |
| RMBS Rambus Inc. | 0.06% | 298,880 | $31.1M | Reduce -28.3% |
| ENSG The Ensign Group Inc. | 0.06% | 169,409 | $29.1M | Reduce -31.3% |
| WWW Wolverine World Wide Inc. | 0.06% | 1,008,395 | $27.5M | Add +78.2% |
| TTAN Servicetitan Inc. Class A | 0.06% | 263,625 | $27.2M | Reduce -0.6% |
| PLUS Eplus Inc. | 0.06% | 379,481 | $27.0M | Reduce -12.4% |
| MRCY Mercury Systems Inc. | 0.05% | 350,407 | $26.4M | Reduce -1.2% |
| WING Wingstop Inc. | 0.05% | 102,687 | $25.9M | Add +123.9% |
| AAON Aaon Inc. | 0.05% | 281,288 | $25.7M | Add +34.7% |
| VRNS Varonis Systems Inc. | 0.05% | 432,471 | $25.6M | Reduce -0.4% |
| PDD PDD Holdings Inc. | 0.05% | 193,785 | $25.3M | Reduce -30.8% |
| WAL Western Alliance Bancorp | 0.05% | 290,047 | $25.3M | Add +23.5% |
| WELL Welltower Inc. | 0.05% | 141,614 | $25.0M | Reduce -4.4% |
| KRMN Karman Holdings Inc. | 0.05% | 347,703 | $24.8M | Add +2.3% |
| STRL Sterling Infrastructure Inc. | 0.05% | 72,443 | $24.7M | Reduce -51.9% |
| CVLT Commvault Systems Inc. | 0.05% | 127,814 | $24.7M | Reduce -1.9% |
| FLY Firefly Aerospace Inc. | 0.05% | 661,197 | $24.4M | New |
| HAYW Hayward Holdings Inc. | 0.05% | 1,631,795 | $24.3M | Reduce -12.3% |
| ICUI Icu Medical Inc. | 0.05% | 207,441 | $24.3M | Reduce -12.3% |
| IBP Installed Building Products | 0.05% | 97,008 | $24.2M | Reduce -15.0% |
| HLMN Hillman Solutions Corp. | 0.05% | 2,592,863 | $23.8M | Reduce -12.3% |
| HQY Healthequity Inc. | 0.05% | 248,382 | $23.7M | Reduce -0.2% |
| ICLR Icon PLC | 0.05% | 143,913 | $23.5M | Reduce -28.0% |
| RRX Regal Rexnord Corp. | 0.05% | 157,722 | $22.8M | Add +0.0% |
| WTM White Mountains Insurance GP | 0.05% | 13,235 | $22.2M | Add +1.1% |
| WH Wyndham Hotels & Resorts Inc. | 0.05% | 269,244 | $21.8M | Reduce -6.4% |
| UMBF Umb Financial Corp. | 0.05% | 183,800 | $21.8M | New |
| CHEF The Chefs' Warehouse Inc. | 0.05% | 371,371 | $21.7M | Reduce -0.9% |
| WIX Wix.com Ltd. | 0.04% | 119,521 | $21.6M | Reduce -20.1% |
| PFGC Performance Food Group Co. | 0.04% | 206,420 | $21.5M | Add +5.5% |
| RDNT Radnet Inc. | 0.04% | 285,778 | $21.3M | Add +32.6% |
| EGP Eastgroup Properties Inc. | 0.04% | 124,316 | $21.1M | Add +22.9% |
| RH RH | 0.04% | 106,047 | $21.0M | Add +0.3% |
| CDRE Cadre Holdings Inc. | 0.04% | 578,564 | $21.0M | Add +9.1% |
| VRTS Virtus Investment Partners | 0.04% | 107,672 | $20.6M | Reduce -13.9% |
| BOOT Boot Barn Holdings Inc. | 0.04% | 123,038 | $20.4M | Reduce -23.0% |
| CGNX Cognex Corp. | 0.04% | 444,983 | $20.3M | New |
| DORM Dorman Products Inc. | 0.04% | 132,615 | $20.1M | Reduce -33.7% |
| POWL Powell Industries Inc. | 0.04% | 66,300 | $20.1M | Reduce -0.4% |
| SAIA Saia Inc. | 0.04% | 67,820 | $20.0M | Reduce -3.6% |
Portfolio Sells Q2 2025 → Q3 2025
| TEAM Atlassian Corp. Class A | Sold out | 0.00% | −1.56 |
| PM Philip Morris International | Reduce -0.0% | 3.82% | −0.84 |
| SPOT Spotify Technology SA | Reduce 0.0% | 5.08% | −0.83 |
| IBN Icici Bank Ltd.-Spon ADR | Reduce -0.5% | 3.42% | −0.79 |
| NVDA Nvidia Corp. | Reduce -29.0% | 1.74% | −0.59 |
| STE Steris PLC | Reduce -44.2% | 0.60% | −0.55 |
| FRPT Freshpet Inc. | Sold out | 0.00% | −0.43 |
| WCN Waste Connections Inc. | Reduce -0.6% | 2.34% | −0.42 |
| CTVA Corteva Inc. | Reduce -1.2% | 1.26% | −0.28 |
| LIN Linde PLC | Reduce -0.5% | 3.35% | −0.25 |
| AJG Arthur J Gallagher & Co. | Reduce -1.3% | 1.55% | −0.24 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -1.2% | 0.95% | −0.23 |
| V Visa Inc. Class A | Reduce -1.4% | 1.51% | −0.21 |
| SAP Sap SE-Sponsored ADR | Reduce -0.3% | 0.67% | −0.17 |
| ILMN Illumina Inc. | Reduce -5.5% | 0.80% | −0.16 |
| MSFT Microsoft Corp. | Reduce -1.7% | 2.09% | −0.16 |
| AON Aon PLC Class A | Reduce -0.1% | 1.50% | −0.14 |
| CPNG Coupang Inc. | Reduce -0.3% | 3.35% | −0.11 |
| MCK McKesson Corp. | Reduce -1.3% | 1.53% | −0.09 |
| RACE Ferrari NV | Reduce -4.3% | 0.43% | −0.07 |
| TCOM Trip.com Group Ltd.-ADR | Reduce -99.4% | 0.00% | −0.07 |
| AZEK The Azek Co. Inc. | Sold out | 0.00% | −0.06 |
| VIST Vista Energy Sab DE CV | Reduce -53.7% | 0.03% | −0.06 |
| WNS WNS Holdings Ltd. | Sold out | 0.00% | −0.05 |
| BILL Bill Holdings Inc. | Sold out | 0.00% | −0.05 |
| PLNT Planet Fitness Inc. Class A | Sold out | 0.00% | −0.05 |
| OLLI Ollie's Bargain Outlet Holdi | Sold out | 0.00% | −0.04 |
| MRX Marex UK Holdings Ltd. | Sold out | 0.00% | −0.04 |
| MLNK Meridianlink Inc. | Sold out | 0.00% | −0.04 |
| MZTI The Marzetti Company | Sold out | 0.00% | −0.04 |
| GTLB Gitlab Inc. Class A | Sold out | 0.00% | −0.03 |
| FIVN FIVE9 Inc. | Sold out | 0.00% | −0.03 |
| FRSH Freshworks Inc. Class A | Sold out | 0.00% | −0.03 |
| INSM Insmed Inc. | Reduce -89.9% | 0.00% | −0.03 |
| NBIS Nebius Group NV | Reduce -73.5% | 0.03% | −0.03 |
| STRL Sterling Infrastructure Inc. | Reduce -51.9% | 0.05% | −0.03 |
| RKLB Rocket Lab Corp. | Reduce -91.7% | 0.00% | −0.03 |
| UNF Unifirst Corp. | Sold out | 0.00% | −0.03 |
| ENSG The Ensign Group Inc. | Reduce -31.3% | 0.06% | −0.03 |
| LNTH Lantheus Holdings Inc. | Sold out | 0.00% | −0.03 |
| ADUS Addus Homecare Corp. | Reduce -12.1% | 0.11% | −0.02 |
| VRRM Verra Mobility Corp. | Reduce -12.0% | 0.08% | −0.02 |
| CRMT America's Car-Mart Inc. | Reduce -14.2% | 0.02% | −0.02 |
| KVYO Klaviyo Inc. Class A | Reduce -37.1% | 0.03% | −0.02 |
| ICUI Icu Medical Inc. | Reduce -12.3% | 0.05% | −0.02 |
| SKWD Skyward Specialty Insurance | Reduce -12.1% | 0.04% | −0.02 |
| CINT Ci&t Inc./United States-A | Sold out | 0.00% | −0.02 |
| LSTR Landstar System Inc. | Reduce -13.4% | 0.04% | −0.02 |
| ICLR Icon PLC | Reduce -28.0% | 0.05% | −0.02 |
| INSP Inspire Medical Systems Inc. | Reduce -3.3% | 0.02% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| STX Seagate Technology Holdings | New | 2.47% | +2.47 |
| WDC Western Digital Corp. | New | 1.65% | +1.65 |
| GLW Corning Inc. | New | 1.41% | +1.41 |
| ASML ASML Holding NV-NY Reg SHS | Add +24.9% | 3.87% | +1.06 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.3% | 5.74% | +0.49 |
| SE Sea Ltd.-ADR | Add +0.9% | 9.84% | +0.45 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +0.9% | 2.47% | +0.24 |
| THC Tenet Healthcare Corp. | Add +244.4% | 0.21% | +0.15 |
| CX Cemex Sab-Spons ADR Part Cer | New | 0.10% | +0.10 |
| TPR Tapestry Inc. | Add +45.5% | 0.19% | +0.08 |
| AGX Argan Inc. | Add +169.5% | 0.11% | +0.08 |
| FIX Comfort Systems USA Inc. | Add +63.0% | 0.13% | +0.07 |
| MLCO Melco Resorts & Entert-ADR | New | 0.07% | +0.07 |
| GEV GE Vernova Inc. | Add +3.4% | 0.85% | +0.07 |
| INTR Inter & Co. Inc. Class A | Add +21.3% | 0.20% | +0.06 |
| CRS Carpenter Technology | Add +77.9% | 0.18% | +0.05 |
| FLY Firefly Aerospace Inc. | New | 0.05% | +0.05 |
| UMBF Umb Financial Corp. | New | 0.05% | +0.05 |
| CGNX Cognex Corp. | New | 0.04% | +0.04 |
| FTAI Ftai Aviation Ltd. | Add +24.2% | 0.11% | +0.04 |
| KTOS Kratos Defense & Security | New | 0.04% | +0.04 |
| BLD Topbuild Corp. | New | 0.04% | +0.04 |
| PNTG The Pennant Group Inc. | New | 0.03% | +0.03 |
| KLAR Klarna Group PLC | New | 0.03% | +0.03 |
| WWW Wolverine World Wide Inc. | Add +78.2% | 0.06% | +0.03 |
| DY Dycom Industries Inc. | New | 0.03% | +0.03 |
| CBZ Cbiz Inc. | New | 0.03% | +0.03 |
| LEU Centrus Energy Corp. Class A | New | 0.03% | +0.03 |
| TECH Bio-Techne Corp. | New | 0.02% | +0.02 |
| CWAN Clearwater Analytics HDS-A | New | 0.02% | +0.02 |
| FOXF Fox Factory Holding Corp. | New | 0.02% | +0.02 |
| ICFI Icf International Inc. | Add +112.6% | 0.04% | +0.02 |
| SPSC SPS Commerce Inc. | New | 0.02% | +0.02 |
| SN Sharkninja Inc. | Add +14.9% | 0.15% | +0.02 |
| PTCT PTC Therapeutics Inc. | New | 0.02% | +0.02 |
| AAON Aaon Inc. | Add +34.7% | 0.05% | +0.02 |
| WING Wingstop Inc. | Add +123.9% | 0.05% | +0.02 |
| MDGL Madrigal Pharmaceuticals Inc. | New | 0.02% | +0.02 |
| RDNT Radnet Inc. | Add +32.6% | 0.04% | +0.02 |
| BRCB Black Rock Coffee Bar Inc. Class A | New | 0.02% | +0.02 |
| KRMN Karman Holdings Inc. | Add +2.3% | 0.05% | +0.01 |
| TSEM Tower Semiconductor Ltd. | New | 0.01% | +0.01 |
| WAL Western Alliance Bancorp | Add +23.5% | 0.05% | +0.01 |
| RYTM Rhythm Pharmaceuticals Inc. | New | 0.01% | +0.01 |
| RBRK Rubrik Inc. Class A | New | 0.01% | +0.01 |
| YETI Yeti Holdings Inc. | Add +19.0% | 0.04% | +0.01 |
| FIG Figma Inc. Class A | New | 0.01% | +0.01 |
| RMD Resmed Inc. | New | 0.01% | +0.01 |
| AVY Avery Dennison Corp. | New | 0.01% | +0.01 |
| PFGC Performance Food Group Co. | Add +5.5% | 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 |