Ycg, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Ycg, LLC reported 38 stock positions worth $1.3 billion. Its top holding was Mastercard Class A (MA) at 7.3% of the portfolio, followed by Moody's (MCO, 6.6%) and Microsoft (MSFT, 6.5%). Compared with Q4 2024, it opened 3 new positions, sold out of 3, added to 2 and reduced 28. The biggest buy was Fair Isaac (FICO, shares +61%) and the biggest sale Amazon.com (AMZN, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- AUSTIN, TX
- CIK
- 0001584801
- Portfolio Value
- $1.3B (Q1 2025)
- SEC Filing
- 0001584801-25-000003 ↗ filed May 13, 2025
Holdings Value
Holdings 38 stocks · $1.3B
| MA Mastercard Inc. Class A | 7.34% | 171,063 | $93.8M | Reduce -0.3% |
| MCO Moody's Corp. | 6.55% | 179,681 | $83.7M | Reduce -0.8% |
| MSFT Microsoft Corp. | 6.55% | 222,809 | $83.6M | Reduce -2.7% |
| CPRT Copart Inc. | 5.24% | 1,183,091 | $67.0M | Reduce -0.2% |
| AMZN Amazon.com Inc. | 5.01% | 336,479 | $64.0M | Reduce -4.4% |
| MSCI MSCI Inc. | 4.72% | 106,561 | $60.3M | Reduce -0.5% |
| AON Aon PLC Class A | 4.63% | 148,016 | $59.1M | Reduce -0.6% |
| WM Waste Management Inc. | 4.51% | 248,792 | $57.6M | Reduce -0.4% |
| VRSK Verisk Analytics Inc. | 4.50% | 193,297 | $57.5M | Reduce -1.3% |
| MRSH Marsh & McLennan Cos | 4.16% | 217,885 | $53.2M | Reduce -0.1% |
| RSG Republic Services Inc. | 4.07% | 214,709 | $52.0M | Reduce -0.6% |
| FICO Fair Isaac Corp. | 3.77% | 26,116 | $48.2M | Add +60.7% |
| AAPL Apple Inc. | 3.42% | 196,386 | $43.6M | Reduce -0.4% |
| SPGI S&P Global Inc. | 3.28% | 82,437 | $41.9M | Add +0.4% |
| GOOG Alphabet Inc. Class C | 3.10% | 253,140 | $39.5M | Reduce -1.3% |
| INTU Intuit Inc. | 2.97% | 61,838 | $38.0M | Reduce -0.3% |
| CSGP Costar Group Inc. | 2.77% | 446,893 | $35.4M | Reduce -0.4% |
| CME Cme Group Inc. | 2.31% | 111,024 | $29.5M | Reduce -8.5% |
| CNI Canadian Natl Railway Co. | 2.18% | 285,847 | $27.9M | Reduce -16.2% |
| CBRE CBRE Group Inc. Class A | 2.09% | 204,397 | $26.7M | Reduce -0.5% |
| CP Canadian Pacific Kansas City | 2.09% | 380,179 | $26.7M | Reduce -22.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.06% | 49,515 | $26.4M | Reduce -16.9% |
| V Visa Inc. Class A | 1.76% | 64,305 | $22.5M | Reduce -0.2% |
| PG The Procter & Gamble Co. | 1.50% | 112,760 | $19.2M | Reduce -0.7% |
| CL Colgate-Palmolive Co. | 1.49% | 203,324 | $19.1M | Reduce -0.4% |
| ADBE Adobe Inc. | 1.35% | 45,053 | $17.3M | Reduce -0.6% |
| PGR Progressive Corp. | 1.33% | 60,120 | $17.0M | Reduce -0.3% |
| PEP Pepsico Inc. | 1.23% | 104,477 | $15.7M | Reduce -1.1% |
| RACE Ferrari NV | 1.20% | 35,799 | $15.3M | Reduce -0.1% |
| VMC Vulcan Materials Co. | 0.73% | 40,068 | $9.3M | New |
| MLM Martin Marietta Materials | 0.73% | 19,510 | $9.3M | New |
| CRH CRH PLC | 0.55% | 79,660 | $7.0M | New |
| KO The Coca-Cola Co. | 0.47% | 83,277 | $6.0M | No change |
| EFX Equifax Inc. | 0.11% | 6,000 | $1.5M | No change |
| SYK Stryker Corp. | 0.10% | 3,549 | $1.3M | No change |
| JNJ Johnson & Johnson | 0.05% | 3,500 | $580K | No change |
| BDX Becton Dickinson and Co. | 0.02% | 1,284 | $294K | Reduce -19.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.02% | 2,000 | $244K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| AMZN Amazon.com Inc. | Reduce -4.4% | 5.01% | −1.12 |
| MSFT Microsoft Corp. | Reduce -2.7% | 6.55% | −1.12 |
| GOOG Alphabet Inc. Class C | Reduce -1.3% | 3.10% | −0.78 |
| CP Canadian Pacific Kansas City | Reduce -22.0% | 2.09% | −0.71 |
| CNI Canadian Natl Railway Co. | Reduce -16.2% | 2.18% | −0.57 |
| AAPL Apple Inc. | Reduce -0.4% | 3.42% | −0.51 |
| MSCI MSCI Inc. | Reduce -0.5% | 4.72% | −0.39 |
| MCO Moody's Corp. | Reduce -0.8% | 6.55% | −0.26 |
| ADBE Adobe Inc. | Reduce -0.6% | 1.35% | −0.25 |
| CPRT Copart Inc. | Reduce -0.2% | 5.24% | −0.16 |
| INTU Intuit Inc. | Reduce -0.3% | 2.97% | −0.13 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -16.9% | 2.06% | −0.08 |
| PEP Pepsico Inc. | Reduce -1.1% | 1.23% | −0.05 |
| CBRE CBRE Group Inc. Class A | Reduce -0.5% | 2.09% | −0.05 |
| IBIT iShares Bitcoin Trust ETF | Sold out | 0.00% | −0.03 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.03 |
| MSTR Strategy Inc. | Sold out | 0.00% | −0.02 |
| RACE Ferrari NV | Reduce -0.1% | 1.20% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -0.7% | 1.50% | −0.01 |
| BDX Becton Dickinson and Co. | Reduce -19.8% | 0.02% | −0.01 |
| CL Colgate-Palmolive Co. | Reduce -0.4% | 1.49% | +0.02 |
| CME Cme Group Inc. | Reduce -8.5% | 2.31% | +0.07 |
| V Visa Inc. Class A | Reduce -0.2% | 1.76% | +0.15 |
| MA Mastercard Inc. Class A | Reduce -0.3% | 7.34% | +0.16 |
| PGR Progressive Corp. | Reduce -0.3% | 1.33% | +0.18 |
| VRSK Verisk Analytics Inc. | Reduce -1.3% | 4.50% | +0.22 |
| CSGP Costar Group Inc. | Reduce -0.4% | 2.77% | +0.22 |
| AON Aon PLC Class A | Reduce -0.6% | 4.63% | +0.38 |
| MRSH Marsh & McLennan Cos | Reduce -0.1% | 4.16% | +0.48 |
| WM Waste Management Inc. | Reduce -0.4% | 4.51% | +0.50 |
| RSG Republic Services Inc. | Reduce -0.6% | 4.07% | +0.62 |
Portfolio Buys Q4 2024 → Q1 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 41 | $1.1B | MA, MCO, FICO, CPRT, TDG |
| Q1 2026 | 42 | $1.1B | MA, MCO, MSFT, CPRT, MSCI |
| Q4 2025 | 44 | $1.3B | MCO, MA, MSFT, FICO, GOOG |
| Q3 2025 | 37 | $1.3B | MSFT, MA, MCO, AMZN, FICO |
| Q2 2025 | 36 | $1.3B | MSFT, MA, MCO, AMZN, MSCI |
| Q1 2025 | 38 | $1.3B | MA, MCO, MSFT, CPRT, AMZN |
| Q4 2024 | 38 | $1.3B | MSFT, MA, MCO, AMZN, CPRT |
| Q3 2024 | 37 | $1.3B | MSFT, MCO, MA, AMZN, MSCI |
| Q2 2024 | 38 | $1.2B | MSFT, MCO, MA, AMZN, CPRT |
| Q1 2024 | 38 | $1.3B | MSFT, AMZN, MA, MCO, CPRT |