Impax Asset Management 13F, Q3 2023
Impax Asset Management · quarter ending 30 September 2023 · filed 7 November 2023 · SEC CIK 1749768
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2023
The 25 largest of 395 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2023 filing.
| Company | Ticker | Value | % of book | vs Q2 2023 |
|---|---|---|---|---|
| Linde PLC | $1.07B | 4.8% | -4% shares | |
| Microsoft Corp | MSFT | $940.07M | 4.2% | -2% shares |
| American Water Works Co Inc | AWK | $695.85M | 3.1% | +2% shares |
| Aptiv PLC | $668.84M | 3.0% | +11% shares | |
| Pentair PLC | $631.40M | 2.8% | -11% shares | |
| Cintas Corp | CTAS | $542.68M | 2.4% | -4% shares |
| Trimble Inc | TRMB | $520.81M | 2.3% | -9% shares |
| Mastercard Inc | MA | $473.49M | 2.1% | +3% shares |
| TE Connectivity Ltd | $459.40M | 2.0% | +2% shares | |
| IDEX Corp | IEX | $438.14M | 2.0% | unchanged |
| United Rentals Inc | URI | $426.37M | 1.9% | -3% shares |
| Applied Materials Inc | AMAT | $352.13M | 1.6% | -11% shares |
| Cadence Design Systems Inc | CDNS | $347.08M | 1.6% | unchanged |
| Advanced Drainage Systems Inc | WMS | $342.55M | 1.5% | -14% shares |
| Thermo Fisher Scientific Inc | TMO | $339.94M | 1.5% | unchanged |
| HDFC Bank Ltd | HDB | $330.38M | 1.5% | unchanged |
| IQVIA Holdings Inc | IQV | $325.91M | 1.5% | unchanged |
| Watts Water Technologies Inc | WTS | $312.08M | 1.4% | -5% shares |
| Republic Services Inc | RSG | $310.99M | 1.4% | -7% shares |
| Waste Management Inc | WM | $308.66M | 1.4% | -14% shares |
| Zurn Elkay Water Solutions Cor | ZWS | $297.97M | 1.3% | -6% shares |
| Danaher Corp | DHR | $297.49M | 1.3% | +3% shares |
| Darling Ingredients Inc | DAR | $297.49M | 1.3% | -5% shares |
| Visa Inc | V | $275.37M | 1.2% | -3% shares |
| A O Smith Corp | AOS | $271.22M | 1.2% | +2% shares |
What changed since Q2 2023
Against the Q2 2023 filing, Impax Asset Management opened 11 new positions, added to 63, trimmed 188, left 133 unchanged and exited 4. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
- STERIS PLC$40.38M
- COLD$7.91M
- Shockwave Medical Inc$7.57M
- JBTM$6.31M
- ACA$4.67M
- Tecnoglass Inc$3.30M
- DBD$770.9K
- XLI$378.5K
and 3 more
Exited
- Amedisys Incwas $6.40M
- Leslie's Incwas $4.90M
- ETSYwas $252.1K
- Jazz Pharmaceuticals PLCwas $249.7K
Other quarters
Source: SEC Form 13F-HR, accession 0001749768-23-000017, filed by Impax Asset Management Group plc. 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.