Investor: Peter Bundgaard & Anders Lund
Number of Assets: 11
Reporting Period: Q3 - 2025
Holdings at Report: $2,906,113,906
Return Since Report: +$12,797,321
Return Since Report: +0.44%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| S&P Global Inc. (SPGI) | Equity | -5.80% | 329,675 | 5.52% | $486.71 | $499.89 | $160,456,119 | $164,801,236 | +$4,345,117 | +2.71% |
| Autozone Inc. (AZO) | Equity | -17.98% | 57,124 | 8.43% | $4,290.24 | $3,437.18 | $245,075,670 | $196,345,470 | -$48,730,200 | -19.88% |
| Moody's Corp. (MCO) | Equity | -22.82% | 291,449 | 4.78% | $476.48 | $485.10 | $138,869,620 | $141,381,910 | +$2,512,290 | +1.81% |
| Yum China Holdings Inc. (YUMC) | Equity | -7.80% | 13,168,531 | 19.45% | $42.92 | $48.65 | $565,193,351 | $640,649,033 | +$75,455,682 | +13.35% |
| Zoetis Inc. (ZTS) | Equity | +9.48% | 1,467,059 | 7.39% | $146.32 | $118.68 | $214,660,073 | $174,107,628 | -$40,552,445 | -18.89% |
| Automatic Data Processing Inc. (ADP) | Equity | -5.55% | 1,112,427 | 11.23% | $293.50 | $265.85 | $326,497,325 | $295,738,718 | -$30,758,607 | -9.42% |
| Mastercard Inc. (MA) | Equity | -5.40% | 451,644 | 8.84% | $568.81 | $571.42 | $256,899,624 | $258,076,156 | +$1,176,532 | +0.46% |
| Expeditors International Of Washington Inc. (EXPD) | Equity | -5.44% | 1,338,654 | 5.65% | $122.59 | $151.19 | $164,105,594 | $202,391,098 | +$38,285,504 | +23.33% |
| Otis Worldwide Corp. (OTIS) | Equity | +21.56% | 4,452,625 | 14.01% | $91.43 | $88.05 | $407,103,504 | $392,053,631 | -$15,049,873 | -3.70% |
| Visa Inc. (V) | Equity | -5.80% | 410,139 | 4.82% | $341.38 | $347.47 | $140,013,252 | $142,510,998 | +$2,497,746 | +1.78% |
| Hilton Worldwide Holdings Inc. (HLT) | Equity | -5.54% | 1,107,153 | 9.88% | $259.44 | $280.77 | $287,239,774 | $310,855,348 | +$23,615,574 | +8.22% |