Investor: John Armitage
Number of Assets: 24
Reporting Period: Q3 - 2025
Holdings at Report: $9,481,829,795
Return Since Report: +$108,965,519
Return Since Report: +1.15%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Amazon.com Inc. (AMZN) | Equity | +21.45% | 4,053,249 | 9.39% | $219.57 | $226.83 | $889,971,883 | $919,398,471 | +$29,426,588 | +3.31% |
| Amphenol Corp. (APH) | Equity | +20.67% | 3,823,422 | 4.99% | $123.75 | $130.05 | $473,148,473 | $497,236,031 | +$24,087,558 | +5.09% |
| Aramark (ARMK) | Equity | +13.24% | 3,204,201 | 1.30% | $38.40 | $37.62 | $123,041,318 | $120,542,042 | -$2,499,276 | -2.03% |
| Arch Capital Group Ltd. (ACGL) | Equity | -17.29% | 3,507,882 | 3.36% | $90.73 | $93.98 | $318,270,134 | $329,653,211 | +$11,383,077 | +3.58% |
| Meta Platforms Inc. (META) | Equity | -1.84% | 541,167 | 4.19% | $734.38 | $646.63 | $397,422,221 | $349,934,817 | -$47,487,404 | -11.95% |
| CME Group Inc. (CME) | Equity | -22.20% | 1,184,788 | 3.38% | $270.19 | $272.98 | $320,117,870 | $323,423,428 | +$3,305,558 | +1.03% |
| CRH PLC (CRH) | Equity | -6.78% | 4,260,846 | 5.39% | $119.90 | $125.89 | $510,875,435 | $536,397,903 | +$25,522,468 | +5.00% |
| Embraer S.A. (ERJ) | Equity | +100% | 2,117,012 | 1.35% | $60.45 | $64.52 | $127,973,375 | $136,589,614 | +$8,616,239 | +6.73% |
| Ferguson Enterprises Inc. (FERG) | Equity | +16.43% | 2,600,224 | 6.16% | $224.58 | $223.92 | $583,958,306 | $582,242,158 | -$1,716,148 | -0.29% |
| First Citizens Bancshares Inc. (FCNCA) | Equity | -46.77% | 47,384 | 0.89% | $1,789.16 | $2,047.76 | $84,777,557 | $97,031,060 | +$12,253,503 | +14.45% |
| Flutter Entertainment PLC (FLUT) | Equity | -2.61% | 1,412,018 | 3.78% | $254.00 | $223.40 | $358,652,572 | $315,444,821 | -$43,207,751 | -12.05% |
| Interactive Brokers Group Inc. (IBKR) | Equity | -22.37% | 6,254,134 | 4.54% | $68.81 | $64.17 | $430,346,961 | $401,327,779 | -$29,019,182 | -6.74% |
| Intercontinental Exchange Inc. (ICE) | Equity | -4.05% | 1,036,199 | 1.84% | $168.48 | $163.78 | $174,578,808 | $169,708,672 | -$4,870,136 | -2.79% |
| Lamar Advertising Company (LAMR) | Equity | +100% | 723,857 | 0.93% | $122.42 | $128.47 | $88,614,574 | $92,993,909 | +$4,379,335 | +4.94% |
| Mastercard Inc. (MA) | Equity | +9.55% | 460,155 | 2.76% | $568.81 | $571.42 | $261,740,766 | $262,939,469 | +$1,198,703 | +0.46% |
| Visa Inc. (V) | Equity | +24.76% | 2,383,373 | 8.58% | $341.38 | $347.47 | $813,635,875 | $828,150,616 | +$14,514,741 | +1.78% |
| Boston Scientific Corp. (BSX) | Equity | +223.74% | 5,312,504 | 5.47% | $97.63 | $91.95 | $518,659,766 | $488,458,180 | -$30,201,586 | -5.82% |
| Canadian Pacific Kansas City Limited (CP) | Equity | -55.54% | 2,026,311 | 1.59% | $74.49 | $75.32 | $150,939,906 | $152,621,745 | +$1,681,839 | +1.11% |
| Capital One Financial Corp. (COF) | Equity | -10.96% | 2,077,839 | 4.66% | $212.58 | $237.02 | $441,707,015 | $492,483,166 | +$50,776,151 | +11.50% |
| Carpenter Technology Corp. (CRS) | Equity | -28.01% | 1,374,333 | 3.56% | $245.54 | $321.28 | $337,453,725 | $441,545,706 | +$104,091,981 | +30.85% |
| Microsoft Corp. (MSFT) | Equity | -1.80% | 1,810,788 | 9.89% | $517.95 | $478.84 | $937,897,645 | $867,077,726 | -$70,819,919 | -7.55% |
| The Progressive Corp. (PGR) | Equity | -1.87% | 2,588,638 | 6.74% | $246.95 | $234.60 | $639,264,154 | $607,304,829 | -$31,959,325 | -5.00% |
| Seagate Technology Holdings PLC (STX) | Equity | -22.35% | 1,592,983 | 3.97% | $236.06 | $287.48 | $376,039,567 | $457,950,753 | +$81,911,186 | +21.78% |
| Transunion (TRU) | Equity | +100% | 1,465,050 | 1.29% | $83.78 | $82.14 | $122,741,889 | $120,339,207 | -$2,402,682 | -1.96% |