Impax Asset Management 13F, Q3 2024
Impax Asset Management · quarter ending 30 September 2024 · filed 6 November 2024 · SEC CIK 1749768
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2024
The 25 largest of 313 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2024 filing.
| Company | Ticker | Value | % of book | vs Q2 2024 |
|---|---|---|---|---|
| Microsoft Corp | MSFT | $1.14B | 4.5% | -5% shares |
| Linde PLC | $1.13B | 4.5% | +2% shares | |
| American Water Works Co Inc | AWK | $829.17M | 3.3% | -18% shares |
| Pentair PLC | $743.46M | 2.9% | -14% shares | |
| NVIDIA Corp | NVDA | $667.28M | 2.6% | +13% shares |
| TE Connectivity PLC | $524.22M | 2.1% | new | |
| Applied Materials Inc | AMAT | $514.72M | 2.0% | unchanged |
| Hubbell Inc | HUBB | $514.38M | 2.0% | +30% shares |
| Mastercard Inc | MA | $504.81M | 2.0% | -3% shares |
| Cintas Corp | CTAS | $499.24M | 2.0% | +211% shares |
| RenaissanceRe Holdings Ltd | $461.68M | 1.8% | +32% shares | |
| Boston Scientific Corp | BSX | $457.14M | 1.8% | +18% shares |
| Veralto Corp | VLTO | $452.21M | 1.8% | -8% shares |
| Thermo Fisher Scientific Inc | TMO | $433.32M | 1.7% | -2% shares |
| Aptiv PLC | $427.82M | 1.7% | -4% shares | |
| IQVIA Holdings Inc | IQV | $423.89M | 1.7% | +10% shares |
| IDEX Corp | IEX | $405.83M | 1.6% | -4% shares |
| Marsh & McLennan Cos Inc | MRSH | $403.20M | 1.6% | +6% shares |
| Agilent Technologies Inc | A | $396.09M | 1.6% | +8% shares |
| Oracle Corp | ORCL | $395.30M | 1.6% | +2% shares |
| Cadence Design Systems Inc | CDNS | $371.72M | 1.5% | +21% shares |
| Waste Management Inc | WM | $361.45M | 1.4% | +8% shares |
| Analog Devices Inc | ADI | $352.73M | 1.4% | +8% shares |
| Zurn Elkay Water Solutions Cor | ZWS | $315.64M | 1.2% | +4% shares |
| Watts Water Technologies Inc | WTS | $308.44M | 1.2% | -3% shares |
What changed since Q2 2024
Against the Q2 2024 filing, Impax Asset Management opened 24 new positions, added to 87, trimmed 119, left 83 unchanged and exited 26. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
- TE Connectivity PLC$524.22M
- BSY$88.77M
- WCN$54.80M
- Chubb Ltd$26.34M
- CMG$17.16M
- FERG$13.63M
- MMSI$11.86M
- HHH$7.74M
and 16 more
Exited
- TE Connectivity Ltdwas $523.58M
- MSCIwas $262.37M
- Ferguson PLCwas $37.28M
- TMUSwas $25.81M
- TSCOwas $21.55M
- HURNwas $6.80M
- QNSTwas $6.19M
- Royal Caribbean Cruises Ltdwas $3.99M
and 18 more
Other quarters
Source: SEC Form 13F-HR, accession 0001749768-24-000024, 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.