Investor: William Von Mueffling
Number of Assets: 38
Reporting Period: Q3 - 2025
Holdings at Report: $18,162,382,853
Return Since Report: +$163,927,941
Return Since Report: +0.90%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Adobe Inc. (ADBE) | Equity | +16.77% | 1,000,308 | 1.94% | $352.75 | $356.04 | $352,858,647 | $356,149,660 | +$3,291,013 | +0.93% |
| Agilent Technologies Inc. (A) | Equity | -1.09% | 3,092,145 | 2.19% | $128.35 | $140.16 | $396,876,811 | $433,379,582 | +$36,502,771 | +9.20% |
| Alcon Inc. (ALC) | Equity | -1.06% | 2,823,322 | 1.16% | $74.51 | $78.53 | $210,365,722 | $221,715,477 | +$11,349,755 | +5.40% |
| Alphabet Inc. (GOOGL) | Equity | -1.09% | 4,183,532 | 5.60% | $243.10 | $309.47 | $1,017,016,629 | $1,294,677,648 | +$277,661,019 | +27.30% |
| American Tower Corp. (AMT) | Equity | -1.09% | 1,815,816 | 1.92% | $192.32 | $180.63 | $349,217,733 | $327,990,844 | -$21,226,889 | -6.08% |
| Analog Devices Inc. (ADI) | Equity | -1.09% | 2,152,518 | 2.91% | $245.70 | $279.68 | $528,873,673 | $602,005,472 | +$73,131,799 | +13.83% |
| Aon PLC (AON) | Equity | -1.09% | 1,233,741 | 2.42% | $356.58 | $351.83 | $439,927,366 | $434,060,927 | -$5,866,439 | -1.33% |
| Applied Materials Inc. (AMAT) | Equity | -1.09% | 2,951,260 | 3.33% | $204.74 | $259.38 | $604,240,972 | $765,497,819 | +$161,256,847 | +26.69% |
| Blackrock Inc. (BLK) | Equity | -1.09% | 510,402 | 3.28% | $1,165.87 | $1,085.92 | $595,062,379 | $554,253,188 | -$40,809,191 | -6.86% |
| Broadcom Inc. (AVGO) | Equity | -14.25% | 4,699,739 | 8.54% | $329.91 | $360.35 | $1,550,490,893 | $1,693,560,348 | +$143,069,455 | +9.23% |
| Canadian Pacific Kansas City Limited (CP) | Equity | -1.09% | 4,174,009 | 1.71% | $74.49 | $75.32 | $310,921,930 | $314,386,358 | +$3,464,428 | +1.11% |
| CBRE Group Inc. (CBRE) | Equity | -1.09% | 4,427,021 | 3.84% | $157.56 | $159.16 | $697,521,429 | $704,604,662 | +$7,083,233 | +1.02% |
| CME Group Inc. (CME) | Equity | -1.09% | 1,561,173 | 2.32% | $270.19 | $272.98 | $421,813,333 | $426,169,006 | +$4,355,673 | +1.03% |
| Ecolab Inc. (ECL) | Equity | -92.83% | 78,513 | 0.12% | $273.86 | $262.16 | $21,501,570 | $20,582,968 | -$918,602 | -4.27% |
| Entegris Inc. (ENTG) | Equity | -1.06% | 2,439,719 | 1.24% | $92.46 | $91.56 | $225,576,418 | $223,380,672 | -$2,195,746 | -0.97% |
| Equifax Inc. (EFX) | Equity | -1.08% | 1,711,003 | 2.42% | $256.53 | $218.74 | $438,923,599 | $374,264,796 | -$64,658,803 | -14.73% |
| Fastenal Company (FAST) | Equity | -1.09% | 9,196,705 | 2.48% | $49.04 | $41.87 | $451,006,413 | $385,020,055 | -$65,986,358 | -14.63% |
| Ferguson Enterprises Inc. (FERG) | Equity | -1.09% | 1,969,891 | 2.44% | $224.58 | $223.92 | $442,398,121 | $441,097,993 | -$1,300,128 | -0.29% |
| Flutter Entertainment PLC (FLUT) | Equity | -1.09% | 2,247,096 | 3.14% | $254.00 | $223.40 | $570,762,384 | $502,001,246 | -$68,761,138 | -12.05% |
| Interactive Brokers Group Inc. (IBKR) | Equity | -1.09% | 12,664,026 | 4.80% | $68.81 | $64.17 | $871,411,630 | $812,650,548 | -$58,761,082 | -6.74% |
| Intercontinental Exchange Inc. (ICE) | Equity | -1.09% | 3,312,950 | 3.07% | $168.48 | $163.78 | $558,165,816 | $542,594,951 | -$15,570,865 | -2.79% |
| Iqvia Holdings Inc. (IQV) | Equity | +27.30% | 1,926,934 | 2.02% | $189.94 | $221.83 | $366,001,844 | $427,442,135 | +$61,440,291 | +16.79% |
| Formula One Group (FWONK) | Equity | +100% | 1,166,139 | 0.67% | $104.45 | $93.83 | $121,803,219 | $109,418,822 | -$12,384,397 | -10.17% |
| Live Nation Entertainment Inc. (LYV) | Equity | -1.09% | 2,775,959 | 2.50% | $163.40 | $142.98 | $453,591,701 | $396,906,618 | -$56,685,083 | -12.50% |
| Microsoft Corp. (MSFT) | Equity | -1.09% | 1,252,524 | 3.57% | $517.95 | $478.84 | $648,744,805 | $599,758,592 | -$48,986,213 | -7.55% |
| Moody's Corp. (MCO) | Equity | -1.09% | 442,005 | 1.16% | $476.48 | $485.10 | $210,606,542 | $214,416,626 | +$3,810,084 | +1.81% |
| Oracle Corp. (ORCL) | Equity | -1.08% | 854,258 | 1.32% | $281.24 | $189.67 | $240,251,520 | $162,027,115 | -$78,224,405 | -32.56% |
| S&P Global Inc. (SPGI) | Equity | -1.09% | 1,742,415 | 4.67% | $486.71 | $499.89 | $848,050,804 | $871,015,834 | +$22,965,030 | +2.71% |
| SS&C Technologies Holdings Inc. (SSNC) | Equity | -1.09% | 4,226,357 | 2.07% | $88.76 | $86.46 | $375,131,447 | $365,410,826 | -$9,720,621 | -2.59% |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | Equity | -1.09% | 2,807,971 | 4.32% | $279.29 | $294.28 | $784,238,220 | $826,329,706 | +$42,091,486 | +5.37% |
| Tencent Music Entertainment Group (TME) | Equity | -1.26% | 18,452,216 | 2.37% | $23.34 | $18.22 | $430,674,722 | $336,199,376 | -$94,475,346 | -21.94% |
| Thermo Fisher Scientific Inc. (TMO) | Equity | -1.08% | 866,770 | 2.31% | $485.02 | $571.69 | $420,400,785 | $495,523,741 | +$75,122,956 | +17.87% |
| Tradeweb Markets Inc. (TW) | Equity | +71.19% | 1,934,322 | 1.18% | $110.98 | $107.21 | $214,671,056 | $207,378,662 | -$7,292,394 | -3.40% |
| Trip.Com Group Limited (TCOM) | Equity | +12.42% | 4,606,141 | 1.91% | $75.20 | $70.67 | $346,381,803 | $325,515,984 | -$20,865,819 | -6.02% |
| Uber Technologies Inc. (UBER) | Equity | -1.09% | 5,102,058 | 2.75% | $97.97 | $85.45 | $499,848,622 | $435,945,346 | -$63,903,276 | -12.78% |
| Visa Inc. (V) | Equity | -1.09% | 1,934,842 | 3.64% | $341.38 | $347.47 | $660,516,362 | $672,299,550 | +$11,783,188 | +1.78% |
| Yum! Brands Inc. (YUM) | Equity | -1.11% | 2,040,234 | 1.71% | $152.00 | $150.76 | $310,115,568 | $307,585,678 | -$2,529,890 | -0.82% |
| Zoetis Inc. (ZTS) | Equity | -1.10% | 1,205,716 | 0.97% | $146.32 | $118.68 | $176,420,365 | $143,091,963 | -$33,328,402 | -18.89% |