Findlay Park Partners 13F, Q3 2025
Findlay Park Partners · quarter ending 30 September 2025 · filed 12 November 2025 · SEC CIK 1351950
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2025
The 25 largest of 57 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2025 filing.
| Company | Ticker | Value | % of book | vs Q2 2025 |
|---|---|---|---|---|
| MICROSOFT CORP | MSFT | $429.80M | 4.5% | unchanged |
| GALLAGHER ARTHUR J & CO | AJG | $331.39M | 3.5% | +13% shares |
| LIVE NATION ENTERTAINMENT IN | LYV | $330.49M | 3.5% | unchanged |
| INTUIT | INTU | $305.63M | 3.2% | unchanged |
| LIBERTY MEDIA CORP DEL | FWONK | $297.10M | 3.1% | unchanged |
| CRH PLC | $290.50M | 3.0% | unchanged | |
| MASTERCARD INCORPORATED | MA | $287.76M | 3.0% | unchanged |
| ACCENTURE PLC IRELAND | $286.38M | 3.0% | unchanged | |
| S&P GLOBAL INC | SPGI | $279.43M | 2.9% | unchanged |
| API GROUP CORP | APG | $259.15M | 2.7% | +13% shares |
| ROYAL GOLD INC | RGLD | $235.95M | 2.5% | unchanged |
| CANADIAN PACIFIC KANSAS CITY | CP | $231.13M | 2.4% | unchanged |
| BERKSHIRE HATHAWAY INC DEL | BRK/B | $216.60M | 2.3% | unchanged |
| TEXAS INSTRS INC | TXN | $216.18M | 2.3% | unchanged |
| MARSH & MCLENNAN COS INC | MRSH | $214.82M | 2.3% | +20% shares |
| WEST PHARMACEUTICAL SVSC INC | WST | $210.42M | 2.2% | unchanged |
| SCHWAB CHARLES CORP | SCHW | $200.04M | 2.1% | -23% shares |
| AGILENT TECHNOLOGIES INC | A | $199.01M | 2.1% | +20% shares |
| XPO INC | XPO | $192.66M | 2.0% | unchanged |
| EOG RES INC | EOG | $185.38M | 1.9% | unchanged |
| STERIS PLC | $184.88M | 1.9% | unchanged | |
| UNITED RENTALS INC | URI | $183.71M | 1.9% | -15% shares |
| WATERS CORP | WAT | $165.22M | 1.7% | unchanged |
| CONOCOPHILLIPS | COP | $164.50M | 1.7% | unchanged |
| SHERWIN WILLIAMS CO | SHW | $163.75M | 1.7% | unchanged |
What changed since Q2 2025
Against the Q2 2025 filing, Findlay Park Partners opened 2 new positions, added to 4, trimmed 4, left 47 unchanged and exited 2. 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 0000945621-25-001056, 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.