WCM Investment Management, LLC

Name: WCM INVESTMENT MANAGEMENT, LLC 13F holdings, Q4 2025
Creator: WCM INVESTMENT MANAGEMENT, LLC
Published: 2026-02-09

Q2 2026Q1 2026Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 9, 2026), WCM Investment Management, LLC reported 241 stock positions worth $48.6 billion. Its top holding was Sea Ltd.-ADR (SE) at 6.8% of the portfolio, followed by AppLovin Class A (APP, 6.8%) and Taiwan Semiconductor-SP ADR (TSM, 6.1%). Compared with Q3 2025, it opened 35 new positions, sold out of 22, added to 56 and reduced 143. The biggest buy was a new position in Shopify Class A (SHOP) and the biggest sale Sea Ltd.-ADR (SE, shares −1%).

Most Recent 13F: Q2 2026
Location: LAGUNA BEACH, CA
CIK: 0001061186
Portfolio Value: $48.6B (Q4 2025)
SEC Filing: 0001062993-26-000695 ↗ filed Feb 9, 2026

Holdings Value

Holdings 241 stocks · $48.6B


SE Sea Ltd.-ADR	6.83%	25,862,514	$3.3B	Reduce -0.7%
APP AppLovin Corp. Class A	6.79%	4,756,310	$3.3B	Reduce -3.8%
TSM Taiwan Semiconductor-SP ADR	6.06%	9,819,196	$2.9B	Reduce -2.7%
ASML ASML Holding NV-NY Reg SHS	4.17%	1,890,995	$2.0B	Reduce -2.2%
PM Philip Morris International	3.60%	10,806,217	$1.8B	Reduce -4.1%
IBN Icici Bank Ltd.-Spon ADR	3.28%	53,308,528	$1.6B	Reduce -1.6%
STX Seagate Technology Holdings	2.97%	5,154,872	$1.4B	Reduce -0.5%
AMZN Amazon.com Inc.	2.94%	6,138,238	$1.4B	Reduce -0.9%
SPOT Spotify Technology SA	2.92%	2,455,726	$1.4B	Reduce -26.8%
LIN Linde PLC	2.89%	3,274,048	$1.4B	Reduce -3.2%
ACGL Arch Capital Group Ltd.	2.64%	13,283,915	$1.3B	Reduce -1.8%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD	2.57%	73,938,595	$1.2B	Reduce -0.7%
CP Canadian Pacific Kansas City	2.49%	16,306,938	$1.2B	Reduce -2.6%
WDC Western Digital Corp.	2.43%	6,691,209	$1.2B	Reduce -1.3%
CPNG Coupang Inc.	2.40%	48,251,523	$1.2B	Reduce -1.6%
WCN Waste Connections Inc.	2.31%	6,286,390	$1.1B	Reduce -2.7%
SHOP Shopify Inc. Class A	2.26%	6,700,679	$1.1B	New
FERG Ferguson Enterprises Inc.	2.05%	4,406,095	$993.9M	New
MELI MercadoLibre Inc.	2.03%	487,561	$985.3M	Reduce -2.0%
MSFT Microsoft Corp.	1.95%	1,942,966	$947.2M	Reduce -0.6%
NVDA Nvidia Corp.	1.75%	4,527,198	$849.0M	Reduce -1.5%
CAH Cardinal Health Inc.	1.72%	4,032,682	$835.6M	New
MCK McKesson Corp.	1.61%	944,071	$781.1M	Reduce -2.3%
V Visa Inc. Class A	1.52%	2,086,267	$737.7M	Reduce -2.4%
GLW Corning Inc.	1.50%	8,224,770	$730.9M	Reduce -2.5%
GE General Electric filed as GE AEROSPACE	1.48%	2,312,597	$721.0M	Reduce -1.8%
AON Aon PLC Class A	1.46%	1,986,128	$708.0M	Reduce -2.5%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO	1.28%	2,380,294	$623.2M	Reduce -2.1%
LPLA LPL Financial Holdings Inc.	1.28%	1,721,473	$619.3M	Reduce -1.2%
WELL Welltower Inc.	1.27%	3,281,537	$616.9M	Add +2217.2%
HOOD Robinhood Markets Inc. Class A	1.23%	5,157,765	$595.5M	Reduce -40.3%
CTVA Corteva Inc.	1.22%	8,805,284	$593.2M	Reduce -1.4%
RGA Reinsurance Group of America	1.16%	2,747,939	$562.9M	Add +0.5%
MNDY Monday.com Ltd.	1.13%	3,761,924	$546.7M	Reduce -10.1%
ILMN Illumina Inc.	1.11%	4,071,325	$540.5M	Reduce -2.6%
VRTX Vertex Pharmaceuticals Inc.	1.05%	1,129,145	$512.3M	Reduce -1.8%
TEVA Teva Pharmaceutical-SP ADR	0.90%	14,007,078	$439.0M	Add +5492.8%
GDDY GoDaddy Inc. Class A	0.85%	3,280,947	$413.7M	Reduce -12.2%
GEV GE Vernova Inc.	0.81%	597,527	$394.2M	Reduce -12.3%
MDLN Medline Inc. Class A	0.63%	7,324,583	$307.0M	New
SAP Sap SE-Sponsored ADR	0.56%	1,119,733	$273.9M	Reduce -8.3%
AZN Astrazeneca PLC-Spons ADR	0.51%	2,662,619	$246.3M	Reduce -0.0%
UBS UBS Group AG-Reg	0.50%	5,211,089	$242.4M	Reduce -0.1%
AHR American Healthcare REIT Inc.	0.34%	3,408,275	$162.7M	New
RACE Ferrari NV	0.33%	424,528	$158.1M	Reduce -2.1%
CLS Celestica Inc.	0.32%	524,725	$157.1M	Reduce -26.0%
EFA iShares MSCI Eafe ETF	0.30%	1,526,607	$147.2M	Add +10818.4%
CNQ Canadian Natural Resources	0.29%	4,183,999	$141.9M	Reduce -9.7%
CRS Carpenter Technology	0.28%	433,914	$138.2M	Add +21.4%
NVO Novo-Nordisk A/S-Spons ADR	0.26%	2,508,292	$128.5M	Reduce -8.2%
TPR Tapestry Inc.	0.25%	939,143	$121.6M	Add +15.2%
INTR Inter & Co. Inc. Class A	0.19%	11,049,508	$93.9M	Add +4.4%
FIX Comfort Systems USA Inc.	0.18%	93,706	$88.7M	Add +15.9%
SN Sharkninja Inc.	0.18%	760,539	$86.5M	Add +15.0%
BAP Credicorp Ltd.	0.17%	285,999	$82.9M	Add +11.1%
THC Tenet Healthcare Corp.	0.17%	400,968	$80.7M	Reduce -21.4%
FTAI Ftai Aviation Ltd.	0.16%	387,646	$76.6M	Add +20.6%
AGX Argan Inc.	0.15%	226,173	$71.3M	Add +12.8%
CX Cemex Sab-Spons ADR Part Cer	0.14%	6,037,845	$70.1M	Add +12.2%
EVR Evercore Inc. Class A	0.07%	103,822	$35.7M	Reduce -5.5%
ENSG The Ensign Group Inc.	0.07%	198,898	$35.1M	Add +17.4%
AIT Applied Industrial Tech Inc.	0.07%	133,692	$34.9M	Reduce -5.7%
ADUS Addus Homecare Corp.	0.07%	315,069	$34.2M	Reduce -26.7%
MLCO Melco Resorts & Entert-ADR	0.06%	4,073,099	$31.0M	Add +12.4%
VRRM Verra Mobility Corp.	0.06%	1,300,645	$29.4M	Reduce -19.0%
PLUS Eplus Inc.	0.06%	319,443	$28.3M	Reduce -15.8%
INDA iShares MSCI India ETF	0.06%	503,660	$27.0M	New
ESI Element Solutions Inc.	0.05%	1,033,380	$26.1M	Reduce -31.2%
PDD PDD Holdings Inc.	0.05%	228,515	$26.0M	Add +17.9%
CWK Cushman & Wakefield Ltd.	0.05%	1,461,048	$24.0M	Reduce -27.9%
ICUI Icu Medical Inc.	0.05%	165,223	$23.9M	Reduce -20.4%
NOVT Novanta Inc.	0.05%	196,496	$23.8M	Add +26.2%
WING Wingstop Inc.	0.05%	96,900	$23.3M	Reduce -5.6%
BLD Topbuild Corp.	0.05%	54,165	$23.0M	Add +19.9%
TSEM Tower Semiconductor Ltd.	0.05%	185,982	$22.4M	Add +126.0%
WTM White Mountains Insurance GP	0.05%	10,682	$22.2M	Reduce -19.3%
WWW Wolverine World Wide Inc.	0.05%	1,224,125	$22.1M	Add +21.4%
KTOS Kratos Defense & Security	0.04%	287,182	$21.8M	Add +41.1%
CHEF The Chefs' Warehouse Inc.	0.04%	347,876	$21.7M	Reduce -6.3%
HQY Healthequity Inc.	0.04%	233,960	$21.6M	Reduce -5.8%
AEIS Advanced Energy Industries	0.04%	101,392	$21.6M	New
UMBF Umb Financial Corp.	0.04%	185,085	$21.6M	Add +0.7%
SMTC Semtech Corp.	0.04%	284,347	$21.4M	Reduce -44.5%
EGP Eastgroup Properties Inc.	0.04%	117,342	$21.3M	Reduce -5.6%
ACIW Aci Worldwide Inc.	0.04%	442,257	$21.3M	Add +30.3%
TXRH Texas Roadhouse Inc.	0.04%	127,100	$21.3M	Add +32.2%
RRX Regal Rexnord Corp.	0.04%	148,832	$21.2M	Reduce -5.6%
SAIA Saia Inc.	0.04%	62,989	$20.9M	Reduce -7.1%
AAON Aaon Inc.	0.04%	265,163	$20.8M	Reduce -5.7%
IBP Installed Building Products	0.04%	78,444	$20.7M	Reduce -19.1%
CRL Charles River Laboratories	0.04%	102,234	$20.6M	New
HAYW Hayward Holdings Inc.	0.04%	1,304,976	$20.6M	Reduce -20.0%
ACWI iShares MSCI Acwi ETF	0.04%	139,895	$19.9M	New
TTAN Servicetitan Inc. Class A	0.04%	183,464	$19.7M	Reduce -30.4%
KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC	0.04%	248,086	$19.6M	Add +23.5%
YETI Yeti Holdings Inc. filed as YETI HLDGS INC	0.04%	442,521	$19.6M	Reduce -21.5%
MRCY Mercury Systems Inc.	0.04%	264,889	$19.6M	Reduce -24.4%
RDNT Radnet Inc.	0.04%	268,224	$19.2M	Reduce -6.1%
HLMN Hillman Solutions Corp.	0.04%	2,169,564	$19.0M	Reduce -16.3%
PNTG The Pennant Group Inc.	0.04%	655,410	$18.9M	Add +2.5%

Show all 241 holdings

Portfolio Sells Q3 2025 → Q4 2025


SE Sea Ltd.-ADR	Reduce -0.7%	6.83%	−3.00
SPOT Spotify Technology SA	Reduce -26.8%	2.92%	−2.17
HOOD Robinhood Markets Inc. Class A	Reduce -40.3%	1.23%	−1.23
CPNG Coupang Inc.	Reduce -1.6%	2.40%	−0.95
UNH Unitedhealth Group Inc.	Sold out	0.00%	−0.90
MNDY Monday.com Ltd.	Reduce -10.1%	1.13%	−0.63
STE Steris PLC	Sold out	0.00%	−0.60
MELI MercadoLibre Inc.	Reduce -2.0%	2.03%	−0.56
APP AppLovin Corp. Class A	Reduce -3.8%	6.79%	−0.53
LIN Linde PLC	Reduce -3.2%	2.89%	−0.47
AJG Arthur J Gallagher & Co.	Reduce -2.1%	1.28%	−0.26
GDDY GoDaddy Inc. Class A	Reduce -12.2%	0.85%	−0.25
PM Philip Morris International	Reduce -4.1%	3.60%	−0.22
MSFT Microsoft Corp.	Reduce -0.6%	1.95%	−0.14
IBN Icici Bank Ltd.-Spon ADR	Reduce -1.6%	3.28%	−0.14
RACE Ferrari NV	Reduce -2.1%	0.33%	−0.11
SAP Sap SE-Sponsored ADR	Reduce -8.3%	0.56%	−0.11
CP Canadian Pacific Kansas City	Reduce -2.6%	2.49%	−0.06
WAL Western Alliance Bancorp	Sold out	0.00%	−0.05
NVO Novo-Nordisk A/S-Spons ADR	Reduce -8.2%	0.26%	−0.05
THC Tenet Healthcare Corp.	Reduce -21.4%	0.17%	−0.05
AON Aon PLC Class A	Reduce -2.5%	1.46%	−0.05
WIX Wix.com Ltd.	Sold out	0.00%	−0.04
GEV GE Vernova Inc.	Reduce -12.3%	0.81%	−0.04
POWL Powell Industries Inc.	Sold out	0.00%	−0.04
ICLR Icon PLC	Reduce -83.2%	0.01%	−0.04
CLS Celestica Inc.	Reduce -26.0%	0.32%	−0.04
CTVA Corteva Inc.	Reduce -1.4%	1.22%	−0.04
WCN Waste Connections Inc.	Reduce -2.7%	2.31%	−0.04
ADUS Addus Homecare Corp.	Reduce -26.7%	0.07%	−0.03
VRNS Varonis Systems Inc.	Reduce -33.1%	0.02%	−0.03
RMBS Rambus Inc.	Reduce -42.3%	0.03%	−0.03
LEU Centrus Energy Corp. Class A	Sold out	0.00%	−0.03
AMWD American Woodmark Corp.	Sold out	0.00%	−0.03
KLAR Klarna Group PLC	Reduce -71.0%	0.01%	−0.03
KVYO Klaviyo Inc. Class A	Sold out	0.00%	−0.03
ESI Element Solutions Inc.	Reduce -31.2%	0.05%	−0.02
FWRG First Watch Restaurant Group	Sold out	0.00%	−0.02
GRBK Green Brick Partners Inc.	Sold out	0.00%	−0.02
LRN Stride Inc.	Sold out	0.00%	−0.02
VRRM Verra Mobility Corp.	Reduce -19.0%	0.06%	−0.02
FOXF Fox Factory Holding Corp.	Sold out	0.00%	−0.02
SMTC Semtech Corp.	Reduce -44.5%	0.04%	−0.02
POWI Power Integrations Inc.	Sold out	0.00%	−0.02
SPSC SPS Commerce Inc.	Sold out	0.00%	−0.02
CVLT Commvault Systems Inc.	Reduce -5.8%	0.03%	−0.02
CNQ Canadian Natural Resources	Reduce -9.7%	0.29%	−0.02
STRL Sterling Infrastructure Inc.	Reduce -28.0%	0.03%	−0.02
CWK Cushman & Wakefield Ltd.	Reduce -27.9%	0.05%	−0.02
INSP Inspire Medical Systems Inc.	Sold out	0.00%	−0.02

Portfolio Buys Q3 2025 → Q4 2025


SHOP Shopify Inc. Class A	New	2.26%	+2.26
FERG Ferguson Enterprises Inc.	New	2.05%	+2.05
CAH Cardinal Health Inc.	New	1.72%	+1.72
WELL Welltower Inc.	Add +2217.2%	1.27%	+1.22
TEVA Teva Pharmaceutical-SP ADR	Add +5492.8%	0.90%	+0.89
MDLN Medline Inc. Class A	New	0.63%	+0.63
AHR American Healthcare REIT Inc.	New	0.34%	+0.34
EFA iShares MSCI Eafe ETF	Add +10818.4%	0.30%	+0.30
CRS Carpenter Technology	Add +21.4%	0.28%	+0.11
RGA Reinsurance Group of America	Add +0.5%	1.16%	+0.08
TPR Tapestry Inc.	Add +15.2%	0.25%	+0.06
INDA iShares MSCI India ETF	New	0.06%	+0.06
FTAI Ftai Aviation Ltd.	Add +20.6%	0.16%	+0.05
FIX Comfort Systems USA Inc.	Add +15.9%	0.18%	+0.05
AEIS Advanced Energy Industries	New	0.04%	+0.04
CX Cemex Sab-Spons ADR Part Cer	Add +12.2%	0.14%	+0.04
CRL Charles River Laboratories	New	0.04%	+0.04
ACWI iShares MSCI Acwi ETF	New	0.04%	+0.04
PLNT Planet Fitness Inc. Class A	New	0.04%	+0.04
AGYS Agilysys Inc.	New	0.04%	+0.04
WMS Advanced Drainage Systems Inc.	New	0.04%	+0.04
TSEM Tower Semiconductor Ltd.	Add +126.0%	0.05%	+0.03
AGX Argan Inc.	Add +12.8%	0.15%	+0.03
SN Sharkninja Inc.	Add +15.0%	0.18%	+0.03
BAP Credicorp Ltd.	Add +11.1%	0.17%	+0.03
AXGN Axogen Inc.	New	0.03%	+0.03
DCO Ducommun Inc.	New	0.02%	+0.02
GH Guardant Health Inc.	New	0.02%	+0.02
ARWR Arrowhead Pharmaceuticals Inc.	New	0.02%	+0.02
LGND Ligand Pharmaceuticals	New	0.02%	+0.02
KYMR Kymera Therapeutics Inc.	New	0.02%	+0.02
NOVT Novanta Inc.	Add +26.2%	0.05%	+0.02
STC Stewart Information Services	New	0.01%	+0.01
SONY Sony Group Corp. - SP ADR	Add +176.9%	0.02%	+0.01
CNTA Centessa Pharmaceuticals Ltd.	New	0.01%	+0.01
RTO Rentokil Initial PLC-SP ADR	New	0.01%	+0.01
AX Axos Financial Inc.	New	0.01%	+0.01
HLN Haleon PLC-ADR	Add +108.2%	0.02%	+0.01
ENSG The Ensign Group Inc.	Add +17.4%	0.07%	+0.01
TFIN Triumph Financial Inc.	New	0.01%	+0.01
ITRI Itron Inc.	New	0.01%	+0.01
GENI Genius Sports Ltd.	New	0.01%	+0.01
BLD Topbuild Corp.	Add +19.9%	0.05%	+0.01
QCRH QCR Holdings Inc.	New	0.01%	+0.01
TXRH Texas Roadhouse Inc.	Add +32.2%	0.04%	+0.01
UUUU Energy Fuels Inc.	New	0.01%	+0.01
SBS Cia Saneamento Basico DE-ADR	Add +76.1%	0.02%	+0.01
TT Trane Technologies PLC	Add +92.4%	0.02%	+0.01
UEC Uranium Energy Corp.	New	0.01%	+0.01
KTOS Kratos Defense & Security	Add +41.1%	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