Location: Calgary, Alberta, Canada
CIK: 0001538449 · Show all filings
Period: Q1 2025 (← Previous) (Next →)
Filing Date: May 7, 2025
Total Value: $20.71B (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| MRSH | MARSH & MCLENNAN COS INC | 5,972,112 | $1.457B | 7.0% | $91.90 | +143.0% | COM | 571748102 |
| AON | AON PLC | 3,273,574 | $1.306B | 6.3% | $184.91 | +106.4% | SHS CL A | G0403H108 |
| MSFT | MICROSOFT CORP | 3,063,069 | $1.15B | 5.6% | $141.72 | +185.8% | COM | 594918104 |
| UNH | UNITEDHEALTH GROUP INC | 2,073,932 | $1.086B | 5.2% | $431.16 | +15.8% | COM | 91324P102 |
| GOOG | ALPHABET INC | 6,076,517 | $949M | 4.6% | $117.17 | +55.7% | CAP STK CL C | 02079K107 |
| V | VISA INC | 2,414,064 | $846M | 4.1% | $133.32 | +152.3% | COM CL A | 92826C839 |
| BKNG | BOOKING HOLDINGS INC | 169,247 | $780M | 3.8% | $2475.68 | +91.8% | COM | 09857L108 |
| AMZN | AMAZON COM INC | 3,930,186 | $748M | 3.6% | $136.63 | +58.8% | COM | 023135106 |
| FCN | FTI CONSULTING INC | 3,972,055 | $652M | 3.1% | $139.80 | +28.6% | COM | 302941109 |
| APH | AMPHENOL CORP NEW | 8,865,933 | $582M | 2.8% | $44.10 | +53.6% | CL A | 032095101 |
| FDX | FEDEX CORP | 2,274,767 | $555M | 2.7% | $209.33 | +21.1% | COM | 31428X106 |
| BRK/A | BERKSHIRE HATHAWAY INC DEL | 684 | $546M | 2.6% | $729330.75 | 0.0% | CL A | 084670108 |
| NSP | INSPERITY INC | 5,102,562 | $455M | 2.2% | $77.36 | +2.8% | COM | 45778Q107 |
| CDW | CDW CORP | 2,829,018 | $453M | 2.2% | $121.89 | +47.1% | COM | 12514G108 |
| RHI | ROBERT HALF INC. | 7,805,369 | $426M | 2.1% | $73.54 | -17.1% | COM | 770323103 |
| LULU | LULULEMON ATHLETICA INC | 1,322,776 | $374M | 1.8% | $326.48 | +12.4% | COM | 550021109 |
| SHEL | SHELL PLC | 4,929,664 | $361M | 1.7% | $55.24 | — | SPON ADS | 780259305 |
| CPAY | CORPAY INC | 1,033,243 | $360M | 1.7% | $286.90 | +25.9% | COM SHS | 219948106 |
| XP | XP INC | 24,589,426 | $338M | 1.6% | $17.25 | -20.2% | CL A | G98239109 |
| DE | DEERE & CO | 598,249 | $281M | 1.4% | $389.84 | +18.4% | COM | 244199105 |
| AJG | GALLAGHER ARTHUR J & CO | 739,307 | $255M | 1.2% | $106.94 | +193.0% | COM | 363576109 |
| WMG | WARNER MUSIC GROUP CORP | 7,883,786 | $247M | 1.2% | $28.56 | +10.5% | COM CL A | 934550203 |
| TNET | TRINET GROUP INC | 3,004,110 | $238M | 1.1% | $82.57 | -1.0% | COM | 896288107 |
| ACN | ACCENTURE PLC IRELAND | 758,804 | $237M | 1.1% | $200.60 | +74.2% | SHS CLASS A | G1151C101 |
| SNA | SNAP ON INC | 698,991 | $236M | 1.1% | $272.76 | +21.6% | COM | 833034101 |
| ICE | INTERCONTINENTAL EXCHANGE IN | 1,364,983 | $235M | 1.1% | $88.47 | +83.2% | COM | 45866F104 |
| CME | CME GROUP INC | 871,220 | $231M | 1.1% | $132.80 | +82.5% | COM | 12572Q105 |
| VZ | VERIZON COMMUNICATIONS INC | 4,702,275 | $213M | 1.0% | $33.49 | +18.2% | COM | 92343V104 |
| MEDP | MEDPACE HLDGS INC | 696,219 | $212M | 1.0% | $336.38 | 0.0% | COM | 58506Q109 |
| YUMC | YUM CHINA HLDGS INC | 4,044,105 | $211M | 1.0% | $47.42 | +1.2% | COM | 98850P109 |
| COR | CENCORA INC | 685,817 | $191M | 0.9% | $124.89 | +99.8% | COM | 03073E105 |
| WAT | WATERS CORP | 513,514 | $189M | 0.9% | $180.03 | +115.1% | COM | 941848103 |
| PG | PROCTER AND GAMBLE CO | 1,094,434 | $187M | 0.9% | $102.41 | +60.1% | COM | 742718109 |
| ATR | APTARGROUP INC | 1,203,543 | $179M | 0.9% | $121.34 | +22.3% | COM | 038336103 |
| ABT | ABBOTT LABS | 1,311,221 | $174M | 0.8% | $101.15 | +24.1% | COM | 002824100 |
| MA | MASTERCARD INCORPORATED | 308,241 | $169M | 0.8% | $148.48 | +265.0% | CL A | 57636Q104 |
| POOL | POOL CORP | 530,029 | $169M | 0.8% | $334.01 | 0.0% | COM | 73278L105 |
| FERG | FERGUSON ENTERPRISES INC | 996,683 | $160M | 0.8% | $194.60 | -12.3% | COMMON STOCK NEW | 31488V107 |
| TME | TENCENT MUSIC ENTMT GROUP | 10,984,151 | $158M | 0.8% | $11.66 | — | SPON ADS | 88034P109 |
| MLM | MARTIN MARIETTA MATLS INC | 290,506 | $139M | 0.7% | $372.96 | +35.5% | COM | 573284106 |
| AEP | AMERICAN ELEC PWR CO INC | 1,165,112 | $127M | 0.6% | $80.40 | +22.4% | COM | 025537101 |
| VRSK | VERISK ANALYTICS INC | 411,273 | $122M | 0.6% | $103.92 | +175.5% | COM | 92345Y106 |
| JPM | JPMORGAN CHASE & CO. | 431,993 | $106M | 0.5% | $68.39 | +266.8% | COM | 46625H100 |
| SHW | SHERWIN WILLIAMS CO | 302,855 | $106M | 0.5% | $237.27 | +46.7% | COM | 824348106 |
| CACI | CACI INTL INC | 287,564 | $106M | 0.5% | $458.27 | -16.5% | CL A | 127190304 |
| BDX | BECTON DICKINSON & CO | 443,627 | $102M | 0.5% | $143.94 | +58.0% | COM | 075887109 |
| ICLR | ICON PLC | 576,071 | $101M | 0.5% | $314.13 | -38.3% | SHS | G4705A100 |
| PAYX | PAYCHEX INC | 591,480 | $91.25M | 0.4% | $60.06 | +138.4% | COM | 704326107 |
| HDB | HDFC BANK LTD | 1,369,370 | $90.98M | 0.4% | $57.44 | — | SPONSORED ADS | 40415F101 |
| OSIS | OSI SYSTEMS INC | 461,022 | $89.6M | 0.4% | $164.33 | +15.9% | COM | 671044105 |
| DHR | DANAHER CORPORATION | 434,608 | $89.09M | 0.4% | $184.84 | +17.4% | COM | 235851102 |
| NKE | NIKE INC | 1,379,357 | $87.56M | 0.4% | $83.25 | -13.5% | CL B | 654106103 |
| JNJ | JOHNSON & JOHNSON | 498,598 | $82.69M | 0.4% | $108.93 | +40.0% | COM | 478160104 |
| SO | SOUTHERN CO | 885,691 | $81.44M | 0.4% | $60.67 | +38.7% | COM | 842587107 |
| BBSI | BARRETT BUSINESS SVCS INC | 1,963,115 | $80.78M | 0.4% | $34.58 | +19.6% | COM | 068463108 |
| KSPI | KASPI KZ JSC | 860,338 | $79.88M | 0.4% | $128.64 | — | SPONSORED ADS | 48581R205 |
| TW | TRADEWEB MKTS INC | 532,252 | $79.02M | 0.4% | $62.93 | +111.2% | CL A | 892672106 |
| BWXT | BWX TECHNOLOGIES INC | 778,951 | $76.84M | 0.4% | $49.48 | +117.7% | COM | 05605H100 |
| SPGI | S&P GLOBAL INC | 149,577 | $76M | 0.4% | $141.24 | +259.4% | COM | 78409V104 |
| BIO | BIO RAD LABS INC | 294,879 | $71.82M | 0.3% | $382.37 | -21.3% | CL A | 090572207 |
| NTES | NETEASE INC | 668,811 | $68.83M | 0.3% | $89.21 | — | SPONSORED ADS | 64110W102 |
| CVS | CVS HEALTH CORP | 936,444 | $63.44M | 0.3% | $70.82 | -18.1% | COM | 126650100 |
| ESQ | ESQUIRE FINL HLDGS INC | 779,889 | $58.79M | 0.3% | $74.75 | +5.8% | COM | 29667J101 |
| AME | AMETEK INC | 339,434 | $58.43M | 0.3% | $62.43 | +189.3% | COM | 031100100 |
| DFIN | DONNELLEY FINL SOLUTIONS INC | 1,332,775 | $58.26M | 0.3% | $50.80 | +9.0% | COM | 25787G100 |
| TXN | TEXAS INSTRS INC | 314,674 | $56.55M | 0.3% | $107.28 | +69.9% | COM | 882508104 |
| ABBV | ABBVIE INC | 258,734 | $54.21M | 0.3% | $135.72 | +39.5% | COM | 00287Y109 |
| STT | STATE STR CORP | 516,537 | $46.25M | 0.2% | $63.69 | +45.6% | COM | 857477103 |
| HSY | HERSHEY CO | 269,936 | $46.17M | 0.2% | $125.39 | +27.0% | COM | 427866108 |
| ITT | ITT INC | 344,998 | $44.56M | 0.2% | $131.31 | +8.5% | COM | 45073V108 |
| AAON | AAON INC | 565,972 | $44.22M | 0.2% | $102.68 | 0.0% | COM PAR $0.004 | 000360206 |
| MKC | MCCORMICK & CO INC | 536,648 | $44.17M | 0.2% | $81.40 | -6.2% | COM NON VTG | 579780206 |
| VVV | VALVOLINE INC | 1,224,420 | $42.62M | 0.2% | $37.21 | -1.9% | COM | 92047W101 |
| RYAN | RYAN SPECIALTY HOLDINGS INC | 511,154 | $37.76M | 0.2% | $31.65 | +114.7% | CL A | 78351F107 |
| BWA | BORGWARNER INC | 1,035,577 | $29.67M | 0.1% | $38.24 | -21.7% | COM | 099724106 |
| TSM | TAIWAN SEMICONDUCTOR MFG LTD | 175,410 | $29.12M | 0.1% | $69.62 | — | SPONSORED ADS | 874039100 |
| BRK/B | BERKSHIRE HATHAWAY INC DEL | 53,176 | $28.32M | 0.1% | $483.24 | +0.6% | CL B NEW | 084670702 |
| SN | SHARKNINJA INC | 327,198 | $27.29M | 0.1% | $61.06 | +66.7% | COM SHS | G8068L108 |
| IBKR | INTERACTIVE BROKERS GROUP IN | 130,851 | $21.67M | 0.1% | $29.12 | +69.3% | COM CL A | 45841N107 |
| CASH | PATHWARD FINANCIAL INC | 287,644 | $20.98M | 0.1% | $57.73 | +31.8% | COM | 59100U108 |
| RMD | RESMED INC | 80,680 | $18.06M | 0.1% | $185.94 | +24.6% | COM | 761152107 |
| KNSL | KINSALE CAP GROUP INC | 36,927 | $17.97M | 0.1% | $448.22 | 0.0% | COM | 49714P108 |
| LPLA | LPL FINL HLDGS INC | 54,926 | $17.97M | 0.1% | $259.87 | +34.0% | COM | 50212V100 |
| CSL | CARLISLE COS INC | 49,995 | $17.02M | 0.1% | $352.27 | +0.4% | COM | 142339100 |
| FCNCA | FIRST CTZNS BANCSHARES INC N | 8,922 | $16.54M | 0.1% | $1533.98 | +32.3% | CL A | 31946M103 |
| ORLY | OREILLY AUTOMOTIVE INC | 9,651 | $13.83M | 0.1% | $67.17 | +29.5% | COM | 67103H107 |
| RBA | RB GLOBAL INC | 135,232 | $13.56M | 0.1% | $72.05 | +32.4% | COM | 74935Q107 |
| XPEL | XPEL INC | 443,210 | $13.02M | 0.1% | $42.41 | -11.6% | COM | 98379L100 |
| MUSA | MURPHY USA INC | 26,652 | $12.52M | 0.1% | $472.46 | 0.0% | COM | 626755102 |
| DHI | D R HORTON INC | 98,399 | $12.51M | 0.1% | $168.15 | -21.0% | COM | 23331A109 |
| MBC | MASTERBRAND INC | 881,737 | $11.52M | 0.1% | $16.47 | -7.7% | COMMON STOCK | 57638P104 |
| KLAC | KLA CORP | 16,900 | $11.49M | 0.1% | $581.45 | +23.0% | COM NEW | 482480100 |
| VRSN | VERISIGN INC | 37,362 | $9.485M | 0.0% | $184.87 | +21.8% | COM | 92343E102 |
| WMS | ADVANCED DRAIN SYS INC DEL | 85,572 | $9.297M | 0.0% | $148.44 | -21.9% | COM | 00790R104 |
| WINA | WINMARK CORP | 28,058 | $8.919M | 0.0% | $163.67 | +117.6% | COM | 974250102 |
| EEFT | EURONET WORLDWIDE INC | 83,366 | $8.908M | 0.0% | $102.78 | -1.4% | COM | 298736109 |
| CRL | CHARLES RIV LABS INTL INC | 51,912 | $7.814M | 0.0% | $224.24 | -25.2% | COM | 159864107 |
| GOOGL | ALPHABET INC | 43,053 | $6.658M | 0.0% | $106.57 | +69.6% | CAP STK CL A | 02079K305 |
| ABNB | AIRBNB INC | 48,289 | $5.769M | 0.0% | $133.97 | 0.0% | COM CL A | 009066101 |
| FOUR | SHIFT4 PMTS INC | 65,287 | $5.335M | 0.0% | $103.05 | 0.0% | CL A | 82452J109 |
| YMM | FULL TRUCK ALLIANCE CO LTD | 302,500 | $3.863M | 0.0% | $12.77 | — | SPONSORED ADS | 35969L108 |
| PDD | PDD HOLDINGS INC | 27,000 | $3.195M | 0.0% | $118.35 | — | SPONSORED ADS | 722304102 |
| AAPL | APPLE INC | 3,960 | $880K | 0.0% | $165.78 | +39.2% | COM | 037833100 |
| LLY | ELI LILLY & CO | 300 | $248K | 0.0% | $826.69 | 0.0% | COM | 532457108 |
| NVDA | NVIDIA CORPORATION | 2,000 | $217K | 0.0% | $137.79 | -8.0% | COM | 67066G104 |