~low teens since 1982
Portfolio value
$5.4B
Positions
23
Top 5 concentration
50%
New buys this quarter
3
| Stock | Move | % of portfolio | Value |
|---|---|---|---|
| $AMZN AMAZON COM INC | Added | 16.5% | $892M |
| $ELV ELEVANCE HEALTH INC FORMERLY | Held | 9.1% | $493M |
| $QSR RESTAURANT BRANDS INTL INC | Trimmed | 9% | $490M |
| $GOOG ALPHABET INC | Added | 9% | $485M |
| $FERG FERGUSON ENTERPRISES INC | Held | 6.4% | $344M |
| $GPC GENUINE PARTS CO | Added | 6.1% | $332M |
| $UNP UNION PAC CORP | Trimmed | 6% | $322M |
| $V VISA INC | Held | 4.4% | $241M |
| $WCC WESCO INTL INC | Trimmed | 4.2% | $229M |
| $AON AON PLC | Trimmed | 4.2% | $228M |
| $TFX TELEFLEX INCORPORATED | Trimmed | 3.3% | $179M |
| $NCLH NORWEGIAN CRUISE LINE HLDGS | Added | 3% | $163M |
| $MOH MOLINA HEALTHCARE INC | Held | 2.7% | $145M |
| $CME CME GROUP INC | New buy | 2.5% | $137M |
| $HLF HERBALIFE LTD | Held | 2.2% | $122M |
| $EXP EAGLE MATLS INC | Trimmed | 2.2% | $119M |
| $GDS GDS HLDGS LTD | Added | 2.1% | $113M |
| $COLD AMERICOLD REALTY TRUST INC | Trimmed | 2% | $107M |
| $LBTYK LIBERTY GLOBAL LTD | Trimmed | 1.7% | $94M |
| $AERO GRUPO AEROMEXICO SAB DE CV | Held | 1.6% | $88M |
| $AXTA AXALTA COATING SYS LTD | New buy | 0.8% | $44M |
| $DNOW DNOW INC | Trimmed | 0.7% | $36M |
| $PS PERSHING SQUARE INC | New buy | 0.2% | $13M |
Notable sell-outs this quarter: $WTW, $PCVX
Source: SEC 13F via FMP · Jun 2026 report · 45-day filing delay. Long equity positions only. Not financial advice.