Impax Asset Management 13F, Q1 2024
Impax Asset Management · quarter ending 31 March 2024 · filed 30 April 2024 · SEC CIK 1749768
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2024
The 25 largest of 308 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2023 filing.
| Company | Ticker | Value | % of book | vs Q4 2023 |
|---|---|---|---|---|
| Microsoft Corp | MSFT | $1.28B | 4.9% | unchanged |
| Linde PLC | $1.24B | 4.8% | -5% shares | |
| American Water Works Co Inc | AWK | $812.39M | 3.1% | +19% shares |
| Pentair PLC | $787.69M | 3.0% | -7% shares | |
| Cintas Corp | CTAS | $611.07M | 2.3% | -21% shares |
| Mastercard Inc | MA | $564.14M | 2.2% | unchanged |
| Applied Materials Inc | AMAT | $559.35M | 2.1% | +4% shares |
| Aptiv PLC | $554.42M | 2.1% | -4% shares | |
| TE Connectivity Ltd | $538.49M | 2.1% | unchanged | |
| IDEX Corp | IEX | $478.85M | 1.8% | -10% shares |
| United Rentals Inc | URI | $434.68M | 1.7% | -26% shares |
| Thermo Fisher Scientific Inc | TMO | $408.74M | 1.6% | -7% shares |
| Advanced Drainage Systems Inc | WMS | $408.72M | 1.6% | -12% shares |
| Danaher Corp | DHR | $394.20M | 1.5% | unchanged |
| Veralto Corp | VLTO | $392.47M | 1.5% | +5% shares |
| Waste Management Inc | WM | $370.28M | 1.4% | -6% shares |
| MSCI Inc | MSCI | $361.05M | 1.4% | +10% shares |
| HDFC Bank Ltd | HDB | $357.70M | 1.4% | +11% shares |
| Republic Services Inc | RSG | $354.67M | 1.4% | -9% shares |
| IQVIA Holdings Inc | IQV | $345.91M | 1.3% | +2% shares |
| Cadence Design Systems Inc | CDNS | $339.71M | 1.3% | -9% shares |
| Visa Inc | V | $337.56M | 1.3% | unchanged |
| Watts Water Technologies Inc | WTS | $335.94M | 1.3% | unchanged |
| Agilent Technologies Inc | A | $330.51M | 1.3% | -4% shares |
| Marsh & McLennan Cos Inc | MRSH | $309.03M | 1.2% | +9% shares |
What changed since Q4 2023
Against the Q4 2023 filing, Impax Asset Management opened 7 new positions, added to 67, trimmed 133, left 101 unchanged and exited 65. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
Exited
- Cooper Cos Inc/Thewas $161.41M
- FISVwas $38.95M
- Walgreens Boots Alliance Incwas $13.11M
- Siemens AGwas $6.28M
- JBTMwas $5.97M
- GSwas $2.60M
- TJXwas $2.37M
- MDLZwas $2.21M
and 57 more
Other quarters
Source: SEC Form 13F-HR, accession 0001749768-24-000011, 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.