Ycg, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 11, 2026), Ycg, LLC reported 44 stock positions worth $1.3 billion. Its top holding was Moody's (MCO) at 7.0% of the portfolio, followed by Mastercard Class A (MA, 6.9%) and Microsoft (MSFT, 6.3%). Compared with Q3 2025, it opened 7 new positions, added to 23 and reduced 13. The biggest buy was a new position in Linde (LIN) and the biggest sale Apple (AAPL, shares −75%).
- Most Recent 13F
- Q2 2026
- Location
- AUSTIN, TX
- CIK
- 0001584801
- Portfolio Value
- $1.3B (Q4 2025)
- SEC Filing
- 0001584801-26-000002 ↗ filed Feb 11, 2026
Holdings Value
Holdings 44 stocks · $1.3B
| MCO Moody's Corp. | 6.98% | 181,005 | $92.5M | Reduce -1.9% |
| MA Mastercard Inc. Class A | 6.94% | 161,036 | $91.9M | Reduce -6.0% |
| MSFT Microsoft Corp. | 6.34% | 173,891 | $84.1M | Reduce -21.0% |
| FICO Fair Isaac Corp. | 5.38% | 42,187 | $71.3M | Reduce -5.0% |
| GOOG Alphabet Inc. Class C | 4.83% | 203,895 | $64.0M | Reduce -19.6% |
| MSCI MSCI Inc. | 4.77% | 110,286 | $63.3M | Add +0.5% |
| CPRT Copart Inc. | 4.37% | 1,480,257 | $58.0M | Add +14.4% |
| WM Waste Management Inc. | 4.07% | 245,540 | $53.9M | Add +0.3% |
| AON Aon PLC Class A | 4.03% | 151,443 | $53.4M | Add +0.1% |
| AMZN Amazon.com Inc. | 3.45% | 198,050 | $45.7M | Reduce -42.4% |
| SPGI S&P Global Inc. | 3.38% | 85,851 | $44.9M | Add +0.9% |
| MRSH Marsh & McLennan Cos | 3.37% | 240,693 | $44.7M | Add +5.6% |
| RSG Republic Services Inc. | 3.36% | 210,414 | $44.6M | Add +1.3% |
| INTU Intuit Inc. | 3.16% | 63,286 | $41.9M | Add +0.5% |
| VRSK Verisk Analytics Inc. | 3.15% | 186,418 | $41.7M | Add +25.9% |
| CME Cme Group Inc. | 2.58% | 125,225 | $34.2M | Add +16.9% |
| LIN Linde PLC | 2.56% | 79,425 | $33.9M | New |
| TDG Transdigm Group Inc. | 2.34% | 23,288 | $31.0M | New |
| CNI Canadian Natl Railway Co. | 2.19% | 293,152 | $29.0M | Add +0.5% |
| CBRE CBRE Group Inc. Class A | 2.18% | 179,785 | $28.9M | Reduce -12.5% |
| CP Canadian Pacific Kansas City | 2.16% | 389,690 | $28.7M | Add +0.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.86% | 48,926 | $24.6M | Reduce -0.8% |
| CSGP Costar Group Inc. | 1.82% | 359,225 | $24.2M | Reduce -0.0% |
| RACE Ferrari NV | 1.79% | 64,367 | $23.8M | Add +67.4% |
| V Visa Inc. Class A | 1.62% | 61,125 | $21.4M | Reduce -0.2% |
| META Meta Platforms Inc. Class A | 1.29% | 25,863 | $17.1M | Add +3584.2% |
| PG The Procter & Gamble Co. | 1.27% | 117,047 | $16.8M | Add +1.2% |
| CL Colgate-Palmolive Co. | 1.25% | 208,887 | $16.5M | Reduce -0.1% |
| ADBE Adobe Inc. | 1.22% | 46,075 | $16.1M | Add +0.3% |
| AAPL Apple Inc. | 1.18% | 57,659 | $15.7M | Reduce -74.7% |
| PGR Progressive Corp. | 1.10% | 64,149 | $14.6M | Add +4.8% |
| CRH CRH PLC | 1.08% | 114,294 | $14.3M | Add +0.3% |
| VMC Vulcan Materials Co. | 0.97% | 45,050 | $12.8M | Add +10.0% |
| MLM Martin Marietta Materials | 0.96% | 20,509 | $12.8M | Add +0.7% |
| KO The Coca-Cola Co. | 0.40% | 76,066 | $5.3M | Reduce -7.1% |
| SGOV iShares 0-3 Month Treasury B | 0.12% | 16,345 | $1.6M | Add +420.9% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.11% | 2 | $1.5M | New |
| SYK Stryker Corp. | 0.10% | 3,926 | $1.4M | Add +22.6% |
| EFX Equifax Inc. | 0.10% | 6,000 | $1.3M | No change |
| JNJ Johnson & Johnson | 0.07% | 4,340 | $898K | Add +24.0% |
| AMGN Amgen Inc. | 0.04% | 1,598 | $523K | New |
| CAT Caterpillar Inc. | 0.03% | 596 | $341K | New |
| ORLY O'reilly Automotive Inc. | 0.02% | 2,625 | $239K | New |
| SCHW Schwab (charles) Corp. | 0.02% | 2,088 | $209K | New |
Portfolio Sells Q3 2025 → Q4 2025
| AAPL Apple Inc. | Reduce -74.7% | 1.18% | −3.18 |
| AMZN Amazon.com Inc. | Reduce -42.4% | 3.45% | −2.22 |
| MSFT Microsoft Corp. | Reduce -21.0% | 6.34% | −2.22 |
| CSGP Costar Group Inc. | Reduce -0.0% | 1.82% | −0.45 |
| MA Mastercard Inc. Class A | Reduce -6.0% | 6.94% | −0.38 |
| CBRE CBRE Group Inc. Class A | Reduce -12.5% | 2.18% | −0.25 |
| CL Colgate-Palmolive Co. | Reduce -0.1% | 1.25% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.8% | 1.86% | −0.01 |
| KO The Coca-Cola Co. | Reduce -7.1% | 0.40% | −0.01 |
| V Visa Inc. Class A | Reduce -0.2% | 1.62% | +0.05 |
| GOOG Alphabet Inc. Class C | Reduce -19.6% | 4.83% | +0.19 |
| MCO Moody's Corp. | Reduce -1.9% | 6.98% | +0.38 |
| FICO Fair Isaac Corp. | Reduce -5.0% | 5.38% | +0.39 |
Portfolio Buys Q3 2025 → Q4 2025
| LIN Linde PLC | New | 2.56% | +2.56 |
| TDG Transdigm Group Inc. | New | 2.34% | +2.34 |
| META Meta Platforms Inc. Class A | Add +3584.2% | 1.29% | +1.25 |
| CME Cme Group Inc. | Add +16.9% | 2.58% | +0.41 |
| RACE Ferrari NV | Add +67.4% | 1.79% | +0.39 |
| VRSK Verisk Analytics Inc. | Add +25.9% | 3.15% | +0.35 |
| SPGI S&P Global Inc. | Add +0.9% | 3.38% | +0.27 |
| CNI Canadian Natl Railway Co. | Add +0.5% | 2.19% | +0.12 |
| BRK.A Berkshire Hathaway Inc. Class A | New | 0.11% | +0.11 |
| SGOV iShares 0-3 Month Treasury B | Add +420.9% | 0.12% | +0.10 |
| MSCI MSCI Inc. | Add +0.5% | 4.77% | +0.10 |
| CRH CRH PLC | Add +0.3% | 1.08% | +0.05 |
| AMGN Amgen Inc. | New | 0.04% | +0.04 |
| CAT Caterpillar Inc. | New | 0.03% | +0.03 |
| VMC Vulcan Materials Co. | Add +10.0% | 0.97% | +0.02 |
| JNJ Johnson & Johnson | Add +24.0% | 0.07% | +0.02 |
| ORLY O'reilly Automotive Inc. | New | 0.02% | +0.02 |
| SCHW Schwab (charles) Corp. | New | 0.02% | +0.02 |
| SYK Stryker Corp. | Add +22.6% | 0.10% | +0.02 |
| WM Waste Management Inc. | Add +0.3% | 4.07% | +0.01 |
| CPRT Copart Inc. | Add +14.4% | 4.37% | +0.00 |
| ADBE Adobe Inc. | Add +0.3% | 1.22% | +0.00 |
| MLM Martin Marietta Materials | Add +0.7% | 0.96% | −0.00 |
| CP Canadian Pacific Kansas City | Add +0.6% | 2.16% | −0.00 |
| AON Aon PLC Class A | Add +0.1% | 4.03% | −0.02 |
| PGR Progressive Corp. | Add +4.8% | 1.10% | −0.03 |
| INTU Intuit Inc. | Add +0.5% | 3.16% | −0.07 |
| PG The Procter & Gamble Co. | Add +1.2% | 1.27% | −0.07 |
| MRSH Marsh & McLennan Cos | Add +5.6% | 3.37% | −0.08 |
| RSG Republic Services Inc. | Add +1.3% | 3.36% | −0.22 |
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 |