Holdings
| MA MASTERCARD INC - A | $1.95B | 16.9% | 3,703,739 | −216,853 | −5.5% | Reduced |
| KKR KKR & CO INC | $1.52B | 13.2% | 10,283,564 | −1,110,272 | −9.7% | Reduced |
| MCO MOODY'S CORP | $1.46B | 12.6% | 3,078,927 | −283,953 | −8.4% | Reduced |
| BN BROOKFIELD CORP | $1.09B | 9.4% | 18,969,179 | +30,748 | +0.2% | Added |
| ORLY O'REILLY AUTOMOTIVE INC | $1.06B | 9.2% | 895,280 | −23,785 | −2.6% | Reduced |
| V VISA INC-CLASS A SHARES | $1.03B | 8.9% | 3,271,740 | — | — | Held |
| AMT AMERICAN TOWER CORP | $1.01B | 8.7% | 5,503,413 | −549,119 | −9.1% | Reduced |
| ROP ROPER TECHNOLOGIES INC | $770.4M | 6.7% | 1,481,929 | −17,500 | −1.2% | Reduced |
| CSGP COSTAR GROUP INC | $666.8M | 5.8% | 9,313,880 | +379,787 | +4.3% | Added |
| DHR DANAHER CORP | $407.5M | 3.5% | 1,775,400 | — | — | Held |
| ABNB AIRBNB INC-CLASS A | $348.2M | 3.0% | 2,649,398 | — | — | Held |
| CCC CCC INTELLIGENT SOLUTIONS HO | $125.3M | 1.1% | 10,681,398 | — | — | Held |
| KMX CARMAX INC | $54.6M | 0.5% | 667,437 | −629,714 | −48.5% | Reduced |
| GSHD GOOSEHEAD INSURANCE INC -A | $39.3M | 0.3% | 366,125 | — | — | Held |
| DBRG DIGITALBRIDGE GROUP INC | $8.6M | 0.1% | 764,730 | −550,346 | −41.8% | Reduced |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | $6.9M | 0.1% | 15,274 | — | — | Held |
| SOPH SOPHIA GENETICS SA | $6.9M | 0.1% | 2,237,504 | — | — | Held |
| VRSK VERISK ANALYTICS INC | $3.1M | 0.0% | 11,301 | −1,077 | −8.7% | Reduced |
Holdings reflect long positions disclosed in 13F filings only and exclude short positions, cash, and other non-13F assets. Holdings data sourced from SEC EDGAR. Not investment advice. Full disclaimer.