Select Equity Group 13F, Q3 2023
Select Equity Group · quarter ending 30 September 2023 · filed 14 November 2023 · SEC CIK 1592643
Common stock only: shares the fund reported owning at the quarter end, valued as filed. The filing also lists 8 put and call lines, reported at the value of the underlying shares; they are not ownership and are not in these totals.
Largest positions, Q3 2023
The 25 largest of 163 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 |
|---|---|---|---|---|
| REVVITY INC | RVTY | $1.24B | 5.1% | unchanged |
| CDW CORP | CDW | $1.12B | 4.6% | unchanged |
| CERIDIAN HCM HLDG INC | DAY | $1.05B | 4.3% | +4% shares |
| BROWN & BROWN INC | BRO | $1.03B | 4.3% | -6% shares |
| MARTIN MARIETTA MATLS INC | MLM | $1.02B | 4.2% | -14% shares |
| TEMPUR SEALY INTL INC | SGI | $951.02M | 3.9% | +10% shares |
| LIVE NATION ENTERTAINMENT IN | LYV | $923.85M | 3.8% | unchanged |
| MORNINGSTAR INC | MORN | $843.01M | 3.5% | -9% shares |
| ENTEGRIS INC | ENTG | $687.20M | 2.8% | +9% shares |
| VAIL RESORTS INC | MTN | $627.27M | 2.6% | -9% shares |
| TELEDYNE TECHNOLOGIES INC | TDY | $617.34M | 2.5% | -25% shares |
| WABTEC | WAB | $608.74M | 2.5% | -13% shares |
| SIGNET JEWELERS LIMITED | $598.17M | 2.5% | -5% shares | |
| MIDDLEBY CORP | MIDD | $593.63M | 2.5% | -13% shares |
| JACOBS SOLUTIONS INC | J | $550.59M | 2.3% | -8% shares |
| CLEAN HARBORS INC | CLH | $511.24M | 2.1% | +49% shares |
| TORO CO | TTC | $474.31M | 2.0% | +3% shares |
| PTC INC | PTC | $414.64M | 1.7% | -3% shares |
| ROLLINS INC | ROL | $388.05M | 1.6% | -9% shares |
| AMPHENOL CORP NEW | APH | $366.68M | 1.5% | unchanged |
| APOLLO GLOBAL MGMT INC | APO | $356.00M | 1.5% | -20% shares |
| BIO-TECHNE CORP | TECH | $331.91M | 1.4% | +8% shares |
| THERMO FISHER SCIENTIFIC INC | TMO | $325.85M | 1.3% | +28% shares |
| VISA INC | V | $322.40M | 1.3% | unchanged |
| TRACTOR SUPPLY CO | TSCO | $300.88M | 1.2% | unchanged |
What changed since Q2 2023
Against the Q2 2023 filing, Select Equity Group opened 21 new positions, added to 45, trimmed 67, left 30 unchanged and exited 14. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
- PENTAIR PLC$115.75M
- ON HLDG AG$110.79M
- BURL$57.64M
- MS$46.16M
- EL$27.87M
- WHITE MTNS INS GROUP LTD$26.48M
- MTX$25.29M
- MXL$20.91M
and 13 more
Exited
- CLARIVATE PLCwas $183.18M
- WCCwas $101.40M
- DOVwas $55.40M
- HUBBwas $34.94M
- GMEDwas $32.59M
- AMEwas $28.29M
- TRIPwas $27.15M
- GHCwas $22.85M
and 6 more
Other quarters
Source: SEC Form 13F-HR, accession 0001592643-23-000008, filed by Select Equity Group, L.P.. 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.