Investor: Peter Bundgaard & Anders Lund
Number of Assets: 11
Reporting Period: Q2 - 2025
Holdings at Report: $3,102,803,664
Return Since Report: +$43,365,118
Return Since Report: +1.40%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Automatic Data Processing Inc. (ADP) | Equity | -2.11% | 1,177,845 | 11.71% | $308.40 | $297.31 | $363,247,398 | $350,185,097 | -$13,062,301 | -3.60% |
| Autozone Inc. (AZO) | Equity | -20.23% | 69,646 | 8.33% | $3,712.23 | $4,276.79 | $258,541,971 | $297,861,316 | +$39,319,345 | +15.21% |
| Hilton Worldwide Holdings Inc. (HLT) | Equity | +26.45% | 1,172,070 | 10.06% | $266.34 | $275.03 | $312,169,124 | $322,354,412 | +$10,185,288 | +3.26% |
| Mastercard Inc. (MA) | Equity | -1.96% | 477,445 | 8.65% | $561.94 | $585.53 | $268,295,443 | $279,558,371 | +$11,262,928 | +4.20% |
| Moody's Corp. (MCO) | Equity | +23.48% | 377,636 | 6.10% | $501.59 | $507.47 | $189,418,441 | $191,637,053 | +$2,218,612 | +1.17% |
| Yum China Holdings Inc. (YUMC) | Equity | +10.45% | 14,283,156 | 20.58% | $44.71 | $44.51 | $638,599,905 | $635,671,858 | -$2,928,047 | -0.46% |
| Zoetis Inc. (ZTS) | Equity | +29.98% | 1,340,039 | 6.74% | $155.95 | $150.33 | $208,979,082 | $201,448,063 | -$7,531,019 | -3.60% |
| Expeditors International Of Washington Inc. (EXPD) | Equity | +100% | 1,415,609 | 5.21% | $114.25 | $120.64 | $161,733,328 | $170,771,992 | +$9,038,664 | +5.59% |
| Otis Worldwide Corp. (OTIS) | Equity | -6.52% | 3,663,016 | 11.69% | $99.02 | $96.99 | $362,711,844 | $355,275,922 | -$7,435,922 | -2.05% |
| S&P Global Inc. (SPGI) | Equity | -2.26% | 349,956 | 5.95% | $527.29 | $547.31 | $184,528,299 | $191,534,418 | +$7,006,119 | +3.80% |
| Visa Inc. (V) | Equity | -2.03% | 435,372 | 4.98% | $355.05 | $344.24 | $154,578,829 | $149,870,280 | -$4,708,549 | -3.05% |