PineStone Asset Management Inc. Concentrated Active

Location: Montreal, Quebec, Canada

CIK: 0001904893 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Jan 15, 2026

Total Value: $16.09B (100.0% shares, 0.0% debt)

Holdings (43)

TSM TAIWAN SEMICONDUCTOR MFG LTD 11.8%

Value $1.899B Shares 6,246,545 Est. Cost $132.59 Unrealized —

GOOGL ALPHABET INC 11.2%

Value $1.799B Shares 5,747,054 Est. Cost $151.18 Unrealized +88.9%

MSFT MICROSOFT CORP 8.8%

Value $1.418B Shares 2,931,514 Est. Cost $366.75 Unrealized +36.5%

MCO MOODYS CORP 7.5%

Value $1.214B Shares 2,375,768 Est. Cost $398.93 Unrealized +22.2%

MA MASTERCARD INCORPORATED 6.0%

Value $969M Shares 1,697,191 Est. Cost $455.67 Unrealized +22.7%

AZO AUTOZONE INC 5.7%

Value $913M Shares 269,173 Est. Cost $2894.37 Unrealized +30.5%

CME CME GROUP INC 4.4%

Value $714M Shares 2,613,439 Est. Cost $210.26 Unrealized +28.8%

TJX TJX COS INC NEW 4.0%

Value $649M Shares 4,226,294 Est. Cost $97.23 Unrealized +51.9%

MSCI MSCI INC 3.6%

Value $574M Shares 1,000,942 Est. Cost $537.46 Unrealized +4.2%

SHW SHERWIN WILLIAMS CO 3.5%

Value $557M Shares 1,719,020 Est. Cost $302.39 Unrealized +10.5%

MTD METTLER TOLEDO INTERNATIONAL 2.8%

Value $450M Shares 323,074 Est. Cost $1233.51 Unrealized +13.2%

JNJ JOHNSON & JOHNSON 2.7%

Value $428M Shares 2,067,667 Est. Cost $148.11 Unrealized +33.0%

OTIS OTIS WORLDWIDE CORP 2.5%

Value $409M Shares 4,679,997 Est. Cost $89.44 Unrealized -0.2%

CARR CARRIER GLOBAL CORPORATION 2.3%

Value $378M Shares 7,153,429 Est. Cost $56.62 Unrealized -1.9%

PEP PEPSICO INC 2.3%

Value $363M Shares 2,525,948 Est. Cost $157.94 Unrealized -7.6%

ORCL ORACLE CORP 2.2%

Value $351M Shares 1,800,309 Est. Cost $125.44 Unrealized +89.8%

CPRT COPART INC 2.1%

Value $333M Shares 8,517,154 Est. Cost $53.20 Unrealized -22.1%

SPGI S&P GLOBAL INC 2.0%

Value $323M Shares 617,388 Est. Cost $440.05 Unrealized +12.3%

GGG GRACO INC 1.9%

Value $311M Shares 3,788,983 Est. Cost $78.59 Unrealized +4.3%

HDB HDFC BANK LTD 1.9%

Value $304M Shares 8,315,726 Est. Cost $48.44 Unrealized —

UNH UNITEDHEALTH GROUP INC 1.7%

Value $273M Shares 825,705 Est. Cost $473.00 Unrealized -28.7%

AMZN AMAZON COM INC 1.5%

Value $246M Shares 1,066,600 Est. Cost $228.79 Unrealized 0.0%

ADI ANALOG DEVICES INC 1.5%

Value $240M Shares 885,076 Est. Cost $190.48 Unrealized +31.6%

HLT HILTON WORLDWIDE HLDGS INC 1.4%

Value $228M Shares 792,764 Est. Cost $218.95 Unrealized +24.3%

LOW LOWES COS INC 1.4%

Value $223M Shares 926,350 Est. Cost $209.98 Unrealized +14.2%

CL COLGATE PALMOLIVE CO 0.8%

Value $126M Shares 1,590,289 Est. Cost $82.39 Unrealized -5.0%

FDS FACTSET RESH SYS INC 0.7%

Value $120M Shares 412,864 Est. Cost $425.02 Unrealized -34.1%

NKE NIKE INC 0.7%

Value $119M Shares 1,867,235 Est. Cost $87.35 Unrealized -25.7%

FSS FEDERAL SIGNAL CORP 0.1%

Value $20.14M Shares 185,484 Est. Cost $85.86 Unrealized +33.2%

MEDP MEDPACE HLDGS INC 0.1%

Value $13.87M Shares 24,700 Est. Cost $257.10 Unrealized +120.8%

HLI HOULIHAN LOKEY INC 0.1%

Value $12.98M Shares 74,495 Est. Cost $135.29 Unrealized +35.4%

JBTM JBT MAREL CORPORATION 0.1%

Value $12.57M Shares 83,429 Est. Cost $106.69 Unrealized +32.1%

DCI DONALDSON INC 0.1%

Value $12.36M Shares 139,361 Est. Cost $60.59 Unrealized +42.6%

WH WYNDHAM HOTELS & RESORTS INC 0.1%

Value $11.84M Shares 156,650 Est. Cost $79.22 Unrealized -4.8%

JKHY HENRY JACK & ASSOC INC 0.1%

Value $10.99M Shares 60,200 Est. Cost $173.37 Unrealized -4.1%

EXPO EXPONENT INC 0.1%

Value $9.689M Shares 139,494 Est. Cost $85.03 Unrealized -17.6%

IPAR INTERPARFUMS INC 0.1%

Value $9.404M Shares 110,852 Est. Cost $131.07 Unrealized -32.8%

HAYW HAYWARD HLDGS INC 0.1%

Value $9.196M Shares 595,200 Est. Cost $13.71 Unrealized +15.3%

WDFC WD 40 CO 0.1%

Value $8.587M Shares 43,610 Est. Cost $212.93 Unrealized -8.0%

SSD SIMPSON MFG INC 0.0%

Value $8.011M Shares 49,610 Est. Cost $158.63 Unrealized +6.4%

FND FLOOR & DECOR HLDGS INC 0.0%

Value $7.964M Shares 130,800 Est. Cost $96.68 Unrealized -33.0%

TREX TREX CO INC 0.0%

Value $7.829M Shares 223,169 Est. Cost $68.11 Unrealized -40.6%

POWI POWER INTEGRATIONS INC 0.0%

Value $2.811M Shares 79,100 Est. Cost $79.86 Unrealized -52.7%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TSM	TAIWAN SEMICONDUCTOR MFG LTD	6,246,545	$1.899B	11.8%	$132.59	—	SPONSORED ADS	874039100
GOOGL	ALPHABET INC	5,747,054	$1.799B	11.2%	$151.18	+88.9%	CAP STK CL A	02079K305
MSFT	MICROSOFT CORP	2,931,514	$1.418B	8.8%	$366.75	+36.5%	COM	594918104
MCO	MOODYS CORP	2,375,768	$1.214B	7.5%	$398.93	+22.2%	COM	615369105
MA	MASTERCARD INCORPORATED	1,697,191	$969M	6.0%	$455.67	+22.7%	CL A	57636Q104
AZO	AUTOZONE INC	269,173	$913M	5.7%	$2894.37	+30.5%	COM	053332102
CME	CME GROUP INC	2,613,439	$714M	4.4%	$210.26	+28.8%	COM	12572Q105
TJX	TJX COS INC NEW	4,226,294	$649M	4.0%	$97.23	+51.9%	COM	872540109
MSCI	MSCI INC	1,000,942	$574M	3.6%	$537.46	+4.2%	COM	55354G100
SHW	SHERWIN WILLIAMS CO	1,719,020	$557M	3.5%	$302.39	+10.5%	COM	824348106
MTD	METTLER TOLEDO INTERNATIONAL	323,074	$450M	2.8%	$1233.51	+13.2%	COM	592688105
JNJ	JOHNSON & JOHNSON	2,067,667	$428M	2.7%	$148.11	+33.0%	COM	478160104
OTIS	OTIS WORLDWIDE CORP	4,679,997	$409M	2.5%	$89.44	-0.2%	COM	68902V107
CARR	CARRIER GLOBAL CORPORATION	7,153,429	$378M	2.3%	$56.62	-1.9%	COM	14448C104
PEP	PEPSICO INC	2,525,948	$363M	2.3%	$157.94	-7.6%	COM	713448108
ORCL	ORACLE CORP	1,800,309	$351M	2.2%	$125.44	+89.8%	COM	68389X105
CPRT	COPART INC	8,517,154	$333M	2.1%	$53.20	-22.1%	COM	217204106
SPGI	S&P GLOBAL INC	617,388	$323M	2.0%	$440.05	+12.3%	COM	78409V104
GGG	GRACO INC	3,788,983	$311M	1.9%	$78.59	+4.3%	COM	384109104
HDB	HDFC BANK LTD	8,315,726	$304M	1.9%	$48.44	—	SPONSORED ADS	40415F101
UNH	UNITEDHEALTH GROUP INC	825,705	$273M	1.7%	$473.00	-28.7%	COM	91324P102
AMZN	AMAZON COM INC	1,066,600	$246M	1.5%	$228.79	0.0%	COM	023135106
ADI	ANALOG DEVICES INC	885,076	$240M	1.5%	$190.48	+31.6%	COM	032654105
HLT	HILTON WORLDWIDE HLDGS INC	792,764	$228M	1.4%	$218.95	+24.3%	COM	43300A203
LOW	LOWES COS INC	926,350	$223M	1.4%	$209.98	+14.2%	COM	548661107
CL	COLGATE PALMOLIVE CO	1,590,289	$126M	0.8%	$82.39	-5.0%	COM	194162103
FDS	FACTSET RESH SYS INC	412,864	$120M	0.7%	$425.02	-34.1%	COM	303075105
NKE	NIKE INC	1,867,235	$119M	0.7%	$87.35	-25.7%	CL B	654106103
FSS	FEDERAL SIGNAL CORP	185,484	$20.14M	0.1%	$85.86	+33.2%	COM	313855108
MEDP	MEDPACE HLDGS INC	24,700	$13.87M	0.1%	$257.10	+120.8%	COM	58506Q109
HLI	HOULIHAN LOKEY INC	74,495	$12.98M	0.1%	$135.29	+35.4%	CL A	441593100
JBTM	JBT MAREL CORPORATION	83,429	$12.57M	0.1%	$106.69	+32.1%	COM	477839104
DCI	DONALDSON INC	139,361	$12.36M	0.1%	$60.59	+42.6%	COM	257651109
WH	WYNDHAM HOTELS & RESORTS INC	156,650	$11.84M	0.1%	$79.22	-4.8%	COM	98311A105
JKHY	HENRY JACK & ASSOC INC	60,200	$10.99M	0.1%	$173.37	-4.1%	COM	426281101
EXPO	EXPONENT INC	139,494	$9.689M	0.1%	$85.03	-17.6%	COM	30214U102
IPAR	INTERPARFUMS INC	110,852	$9.404M	0.1%	$131.07	-32.8%	COM	458334109
HAYW	HAYWARD HLDGS INC	595,200	$9.196M	0.1%	$13.71	+15.3%	COM	421298100
WDFC	WD 40 CO	43,610	$8.587M	0.1%	$212.93	-8.0%	COM	929236107
SSD	SIMPSON MFG INC	49,610	$8.011M	0.0%	$158.63	+6.4%	COM	829073105
FND	FLOOR & DECOR HLDGS INC	130,800	$7.964M	0.0%	$96.68	-33.0%	CL A	339750101
TREX	TREX CO INC	223,169	$7.829M	0.0%	$68.11	-40.6%	COM	89531P105
POWI	POWER INTEGRATIONS INC	79,100	$2.811M	0.0%	$79.86	-52.7%	COM	739276103