Investor: John Armitage
Number of Assets: 24
Reporting Period: Q1 - 2026
Holdings at Report: $9,010,197,462
Return Since Report: +$880,571,954
Return Since Report: +9.77%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Amphenol Corp. (APH) | Equity | -22.56% | 2,871,353 | 4.03% | $126.35 | $125.00 | $362,795,452 | $358,919,125 | -$3,876,327 | -1.07% |
| Arch Capital Group Ltd. (ACGL) | Equity | +100% | 1,116,922 | 1.19% | $95.99 | $93.98 | $107,213,343 | $104,968,330 | -$2,245,013 | -2.09% |
| Armstrong World Industries Inc. (AWI) | Equity | +100% | 448,036 | 0.82% | $164.80 | $155.17 | $73,836,333 | $69,521,746 | -$4,314,587 | -5.84% |
| Canadian Natural Resources Limited (CNQ) | Equity | +100% | 5,690,211 | 3.07% | $48.69 | $47.98 | $277,056,374 | $273,016,324 | -$4,040,050 | -1.46% |
| Carpenter Technology Corp. (CRS) | Equity | -14.30% | 1,330,920 | 5.82% | $394.15 | $408.93 | $524,582,118 | $544,253,116 | +$19,670,998 | +3.75% |
| Ferguson Enterprises Inc. (FERG) | Equity | -37.10% | 634,258 | 1.64% | $233.26 | $223.82 | $147,947,021 | $141,959,626 | -$5,987,395 | -4.05% |
| Linde PLC (LIN) | Equity | +100% | 1,068,371 | 5.88% | $495.76 | $506.11 | $529,655,607 | $540,713,247 | +$11,057,640 | +2.09% |
| Moody's Corp. (MCO) | Equity | +99.85% | 1,545,670 | 7.48% | $436.25 | $428.90 | $674,298,538 | $662,937,863 | -$11,360,675 | -1.68% |
| Uber Technologies Inc. (UBER) | Equity | +73.52% | 4,652,363 | 3.71% | $71.93 | $75.09 | $334,644,471 | $349,345,938 | +$14,701,467 | +4.39% |
| Amazon.com Inc. (AMZN) | Equity | -59.89% | 2,363,334 | 5.46% | $208.27 | $264.14 | $492,211,572 | $624,251,043 | +$132,039,471 | +26.83% |
| CRH PLC (CRH) | Equity | +22.04% | 2,759,331 | 3.22% | $105.12 | $103.21 | $290,060,875 | $284,790,553 | -$5,270,322 | -1.82% |
| Devon Energy Corp. (DVN) | Equity | +100% | 6,525,140 | 3.64% | $50.32 | $49.49 | $328,345,045 | $322,929,179 | -$5,415,866 | -1.65% |
| Embraer S.A. (ERJ) | Equity | -9.24% | 2,975,231 | 1.96% | $59.34 | $64.37 | $176,550,208 | $191,515,619 | +$14,965,411 | +8.48% |
| Lamar Advertising Company (LAMR) | Equity | +50.78% | 1,088,744 | 1.53% | $126.66 | $145.54 | $137,900,315 | $158,455,802 | +$20,555,487 | +14.91% |
| Medline INC | Equity | +100% | 4,365,802 | 2.16% | $44.50 | N/A | $194,278,189 | N/A | N/A | N/A |
| Nvidia Corp. (NVDA) | Equity | +100% | 2,675,018 | 5.18% | $174.40 | $225.32 | $466,523,139 | $602,735,056 | +$136,211,917 | +29.20% |
| Renaissancere Holdings Ltd. (RNR) | Equity | -35.33% | 317,308 | 1.05% | $297.23 | $294.42 | $94,313,457 | $93,421,821 | -$891,636 | -0.95% |
| Vulcan Materials Company (VMC) | Equity | +84.26% | 1,769,216 | 5.35% | $272.30 | $267.83 | $481,757,517 | $473,849,121 | -$7,908,396 | -1.64% |
| Alphabet Inc. (GOOG) | Equity | +220.70% | 3,459,649 | 11.01% | $286.86 | $393.32 | $992,434,912 | $1,360,749,145 | +$368,314,233 | +37.11% |
| CME Group Inc. (CME) | Equity | +0.26% | 1,182,907 | 3.88% | $295.35 | $298.86 | $349,371,582 | $353,523,586 | +$4,152,004 | +1.19% |
| Interactive Brokers Group Inc. (IBKR) | Equity | -9.57% | 6,275,179 | 4.67% | $67.07 | $87.00 | $420,876,256 | $545,940,573 | +$125,064,317 | +29.72% |
| Mastercard Inc. (MA) | Equity | +0.29% | 459,652 | 2.55% | $499.66 | $494.20 | $229,669,718 | $227,160,018 | -$2,509,700 | -1.09% |
| The New York Times Company (NYT) | Equity | -31.07% | 971,884 | 0.90% | $83.73 | $74.48 | $81,375,847 | $72,385,920 | -$8,989,927 | -11.05% |
| Visa Inc. (V) | Equity | +25.68% | 4,110,970 | 13.79% | $302.24 | $325.75 | $1,242,499,573 | $1,339,148,478 | +$96,648,905 | +7.78% |