Findlay Park Partners 13F, Q1 2025
Findlay Park Partners · quarter ending 31 March 2025 · filed 14 May 2025 · SEC CIK 1351950
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2025
The 25 largest of 58 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2024 filing.
| Company | Ticker | Value | % of book | vs Q4 2024 |
|---|---|---|---|---|
| GALLAGHER ARTHUR J & CO | AJG | $404.69M | 4.2% | unchanged |
| LIVE NATION ENTERTAINMENT IN | LYV | $313.82M | 3.2% | unchanged |
| S&P GLOBAL INC | SPGI | $307.72M | 3.2% | unchanged |
| UNITEDHEALTH GROUP INC | UNH | $301.48M | 3.1% | -12% shares |
| MASTERCARD INCORPORATED | MA | $292.47M | 3.0% | unchanged |
| MARSH & MCLENNAN COS INC | MRSH | $275.84M | 2.8% | +27% shares |
| LIBERTY MEDIA CORP DEL | FWONK | $270.14M | 2.8% | -23% shares |
| ACCENTURE PLC IRELAND | $267.89M | 2.8% | -23% shares | |
| SCHWAB CHARLES CORP | SCHW | $265.62M | 2.7% | unchanged |
| INTUIT | INTU | $242.62M | 2.5% | unchanged |
| MICROSOFT CORP | MSFT | $241.30M | 2.5% | -18% shares |
| API GROUP CORP | APG | $230.51M | 2.4% | unchanged |
| CANADIAN PACIFIC KANSAS CITY | CP | $229.87M | 2.4% | unchanged |
| CRH PLC | $224.90M | 2.3% | +17% shares | |
| EOG RES INC | EOG | $223.72M | 2.3% | unchanged |
| WATERS CORP | WAT | $214.20M | 2.2% | +11% shares |
| ROYAL GOLD INC | RGLD | $202.92M | 2.1% | unchanged |
| CBRE GROUP INC | CBRE | $198.40M | 2.0% | -14% shares |
| WASTE CONNECTIONS INC | WCN | $197.43M | 2.0% | unchanged |
| CONOCOPHILLIPS | COP | $192.72M | 2.0% | unchanged |
| WEST PHARMACEUTICAL SVSC INC | WST | $189.45M | 1.9% | unchanged |
| GARTNER INC | IT | $181.71M | 1.9% | -20% shares |
| STERIS PLC | $178.63M | 1.8% | unchanged | |
| CANADIAN NATL RY CO | CNI | $178.36M | 1.8% | unchanged |
| INTERCONTINENTAL EXCHANGE IN | ICE | $176.86M | 1.8% | unchanged |
What changed since Q4 2024
Against the Q4 2024 filing, Findlay Park Partners opened 2 new positions, added to 14, trimmed 12, left 30 unchanged and exited 3. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0000943663-25-000126, filed by Findlay Park Partners LLP. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.