Q3 2023
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ALC | Buy | ALCON INC | $504,569 | -6.1% | 6,524,694 | +0.1% | 8.23% | +1.3% |
| ACN | Sell | ACCENTURE PLC IRELAND | $444,931 | -20.6% | 1,448,769 | -20.2% | 7.26% | -14.3% |
| V | Sell | VISA INC | $436,206 | -5.0% | 1,896,466 | -1.9% | 7.12% | +2.6% |
| BKNG | Sell | BOOKING HLDGS INC | $404,494 | -28.9% | 131,161 | -37.7% | 6.60% | -23.3% |
| ICE | Sell | INTERCONTINENTAL EXCHANGE INC | $403,186 | -14.4% | 3,664,664 | -12.0% | 6.58% | -7.7% |
| MSFT | Sell | MICROSOFT CORP | $310,261 | -15.4% | 982,616 | -8.7% | 5.06% | -8.7% |
| FICO | Sell | FAIR ISAAC CORP | $304,875 | +5.3% | 351,024 | -1.9% | 4.97% | +13.6% |
| INTU | Buy | INTUIT | $295,922 | +37.0% | 579,171 | +22.8% | 4.83% | +47.8% |
| ANSS | Buy | ANSYS INC | $263,913 | -4.0% | 886,953 | +6.6% | 4.30% | +3.6% |
| CPRT | Buy | COPART INC | $239,197 | +4.6% | 5,551,110 | +121.4% | 3.90% | +12.8% |
| RACE | Sell | FERRARI N V | $239,028 | -21.1% | 807,909 | -12.9% | 3.90% | -14.9% |
| MCO | Sell | MOODYS CORP | $231,256 | -10.8% | 731,429 | -1.9% | 3.77% | -3.8% |
| Sell | LINDE PLC | $223,102 | -53.0% | 599,172 | -51.9% | 3.64% | -49.3% | |
| New | GENERAL ELECTRIC CO | $215,244 | – | 1,947,026 | – | 3.51% | – | |
| OTIS | Sell | OTIS WORLDWIDE CORP | $177,278 | -23.0% | 2,207,420 | -14.6% | 2.89% | -16.8% |
| TMO | Sell | THERMO FISHER SCIENTIFIC INC | $171,302 | -5.0% | 338,427 | -2.1% | 2.79% | +2.5% |
| ZTS | Buy | ZOETIS INCcl a | $169,049 | +124.9% | 971,655 | +122.7% | 2.76% | +142.8% |
| MMC | Buy | MARSH & MCLENNAN COS | $166,945 | +24.0% | 877,275 | +22.6% | 2.72% | +33.8% |
| CDNS | New | CADENCE DESIGN SYSTEM INC | $144,892 | – | 618,403 | – | 2.36% | – |
| PG | Sell | PROCTER AND GAMBLE CO | $134,475 | -5.7% | 921,946 | -1.9% | 2.19% | +1.8% |
| WAT | New | WATERS CORP | $129,362 | – | 471,764 | – | 2.11% | – |
| ALLE | Sell | ALLEGION PLC | $128,879 | -51.4% | 1,236,845 | -44.0% | 2.10% | -47.6% |
| URI | Sell | UNITED RENTALS INC | $115,466 | -2.1% | 259,725 | -1.9% | 1.88% | +5.7% |
| EFX | Sell | EQUIFAX INC | $93,373 | -49.3% | 509,736 | -34.8% | 1.52% | -45.3% |
| EL | Sell | LAUDER ESTEE COS INCcl a | $66,808 | -42.3% | 462,177 | -21.7% | 1.09% | -37.7% |
| WMG | New | WARNER MUSIC GROUP CORP | $63,940 | – | 2,036,295 | – | 1.04% | – |
| MAR | Sell | MARRIOTT INTL INC NEWcl a | $52,277 | -37.4% | 265,957 | -41.5% | 0.85% | -32.4% |
| DG | Exit | DOLLAR GEN CORP NEW | $0 | – | -450,666 | – | -1.16% | – |
Q2 2023
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BKNG | New | BOOKING HLDGS INC | $568,830 | – | 210,652 | – | 8.60% | – |
| ACN | New | ACCENTURE PLC IRELAND | $560,121 | – | 1,815,155 | – | 8.47% | – |
| ALC | New | ALCON INC | $537,566 | – | 6,519,134 | – | 8.13% | – |
| New | LINDE PLC | $474,713 | – | 1,245,704 | – | 7.18% | – | |
| ICE | New | INTERCONTINENTAL EXCHANGE INC | $471,143 | – | 4,166,459 | – | 7.12% | – |
| V | New | VISA INC | $458,994 | – | 1,932,769 | – | 6.94% | – |
| MSFT | New | MICROSOFT CORP | $366,653 | – | 1,076,682 | – | 5.54% | – |
| RACE | New | FERRARI N V | $302,991 | – | 928,095 | – | 4.58% | – |
| FICO | New | FAIR ISAAC CORP | $289,519 | – | 357,780 | – | 4.38% | – |
| ANSS | New | ANSYS INC | $274,909 | – | 832,377 | – | 4.16% | – |
| ALLE | New | ALLEGION PLC | $265,309 | – | 2,210,537 | – | 4.01% | – |
| MCO | New | MOODYS CORP | $259,224 | – | 745,497 | – | 3.92% | – |
| OTIS | New | OTIS WORLDWIDE CORP | $230,082 | – | 2,584,903 | – | 3.48% | – |
| CPRT | New | COPART INC | $228,738 | – | 2,507,818 | – | 3.46% | – |
| INTU | New | INTUIT | $216,023 | – | 471,470 | – | 3.27% | – |
| EFX | New | EQUIFAX INC | $184,007 | – | 782,012 | – | 2.78% | – |
| TMO | New | THERMO FISHER SCIENTIFIC INC | $180,303 | – | 345,573 | – | 2.73% | – |
| PG | New | PROCTER AND GAMBLE CO | $142,566 | – | 939,542 | – | 2.16% | – |
| MMC | New | MARDSH & MCLENNAN COS | $134,623 | – | 715,777 | – | 2.04% | – |
| URI | New | UNITED RENTALS INC | $117,886 | – | 264,693 | – | 1.78% | – |
| EL | New | LAUDER ESTEE COS INCcl a | $115,865 | – | 590,004 | – | 1.75% | – |
| MAR | New | MARRIOTT INTL INC NEWcl a | $83,495 | – | 454,543 | – | 1.26% | – |
| DG | New | DOLLAR GEN CORP NEW | $76,514 | – | 450,666 | – | 1.16% | – |
| ZTS | New | ZOETIS INCcl a | $75,150 | – | 436,385 | – | 1.14% | – |
Q4 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| MCO | Exit | MOODYS CORP | $0 | – | -211,765 | – | -0.85% | – |
| INTU | Exit | INTUIT | $0 | – | -185,913 | – | -1.19% | – |
| MAR | Exit | MARRIOTT INTL INC NEWcl a | $0 | – | -686,688 | – | -1.59% | – |
| MSFT | Exit | MICROSOFT CORP | $0 | – | -494,820 | – | -1.90% | – |
| NKE | Exit | NIKE INCcl b | $0 | – | -1,419,705 | – | -1.95% | – |
| PG | Exit | PROCTER AND GAMBLE CO | $0 | – | -1,062,598 | – | -2.21% | – |
| ANSS | Exit | ANSYS INC | $0 | – | -616,105 | – | -2.25% | – |
| FICO | Exit | FAIR ISAAC CORP | $0 | – | -395,207 | – | -2.69% | – |
| RACE | Exit | FERRARI N V | $0 | – | -973,865 | – | -3.00% | – |
| ZTS | Exit | ZOETIS INCcl a | $0 | – | -1,230,228 | – | -3.01% | – |
| OTIS | Exit | OTIS WORLDWIDE CORP | $0 | – | -2,931,956 | – | -3.09% | – |
| ADBE | Exit | ADOBE INC | $0 | – | -789,798 | – | -3.59% | – |
| LIN | Exit | LINDE PLC | $0 | – | -885,387 | – | -3.94% | – |
| ALLE | Exit | ALLEGION PLC | $0 | – | -2,692,558 | – | -3.98% | – |
| EL | Exit | LAUDER ESTEE COS INCcl a | $0 | – | -1,155,524 | – | -4.12% | – |
| DG | Exit | DOLLAR GEN CORP NEW | $0 | – | -1,183,091 | – | -4.68% | – |
| GOOG | Exit | ALPHABET INCcap stk cl c | $0 | – | -3,189,340 | – | -5.06% | – |
| ALC | Exit | ALCON INC | $0 | – | -5,750,956 | – | -5.56% | – |
| EFX | Exit | EQUIFAX INC | $0 | – | -2,039,467 | – | -5.77% | – |
| ICE | Exit | INTERCONTINENTAL EXCHANGE INC | $0 | – | -4,354,941 | – | -6.49% | – |
| V | Exit | VISA INC | $0 | – | -2,443,582 | – | -7.16% | – |
| TMO | Exit | THERMO FISHER SCIENTIFIC INC | $0 | – | -924,031 | – | -7.73% | – |
| ACN | Exit | ACCENTURE PLC IRELAND | $0 | – | -1,943,742 | – | -8.25% | – |
| BKNG | Exit | BOOKING HLDGS INC | $0 | – | -366,884 | – | -9.95% | – |
Q3 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BKNG | Buy | BOOKING HLDGS INC | $602,867,000 | -0.2% | 366,884 | +6.3% | 9.95% | +17.6% |
| ACN | Sell | ACCENTURE PLC IRELAND | $500,125,000 | -21.4% | 1,943,742 | -15.2% | 8.25% | -7.4% |
| TMO | Sell | THERMO FISHER SCIENTIFIC INC | $468,659,000 | -28.9% | 924,031 | -23.8% | 7.73% | -16.2% |
| V | Buy | VISA INC | $434,102,000 | -9.0% | 2,443,582 | +0.9% | 7.16% | +7.2% |
| ICE | Buy | INTERCONTINENTAL EXCHANGE INC | $393,469,000 | +1.6% | 4,354,941 | +5.8% | 6.49% | +19.7% |
| EFX | Sell | EQUIFAX INC | $349,626,000 | -13.9% | 2,039,467 | -8.2% | 5.77% | +1.4% |
| ALC | Buy | ALCON INC | $337,048,000 | +2.9% | 5,750,956 | +22.6% | 5.56% | +21.2% |
| GOOG | Buy | ALPHABET INCcap stk cl c | $306,655,000 | +212.4% | 3,189,340 | +7007.5% | 5.06% | +267.9% |
| DG | Sell | DOLLAR GEN CORP NEW | $283,776,000 | -11.0% | 1,183,091 | -8.9% | 4.68% | +4.9% |
| EL | Sell | LAUDER ESTEE COS INCcl a | $249,478,000 | -24.6% | 1,155,524 | -11.1% | 4.12% | -11.2% |
| ALLE | Buy | ALLEGION PLC | $241,469,000 | -0.1% | 2,692,558 | +9.0% | 3.98% | +17.7% |
| LIN | Sell | LINDE PLC | $238,856,000 | -22.3% | 885,387 | -17.3% | 3.94% | -8.5% |
| ADBE | Buy | ADOBE INC | $217,352,000 | -22.3% | 789,798 | +3.3% | 3.59% | -8.5% |
| OTIS | Sell | OTIS WORLDWIDE CORP | $187,059,000 | -24.3% | 2,931,956 | -16.2% | 3.09% | -10.9% |
| ZTS | Sell | ZOETIS INCcl a | $182,431,000 | -27.4% | 1,230,228 | -15.8% | 3.01% | -14.4% |
| RACE | Buy | FERRARI N V | $181,799,000 | +3.8% | 973,865 | +2.0% | 3.00% | +22.3% |
| FICO | Sell | FAIR ISAAC CORP | $162,829,000 | -17.3% | 395,207 | -19.5% | 2.69% | -2.6% |
| ANSS | Buy | ANSYS INC | $136,590,000 | -6.8% | 616,105 | +0.6% | 2.25% | +9.7% |
| PG | Sell | PROCTER AND GAMBLE CO | $134,153,000 | -22.5% | 1,062,598 | -11.7% | 2.21% | -8.7% |
| NKE | Sell | NIKE INCcl b | $118,006,000 | -39.7% | 1,419,705 | -25.8% | 1.95% | -28.9% |
| MSFT | New | MICROSOFT CORP | $115,244,000 | – | 494,820 | – | 1.90% | – |
| MAR | Buy | MARRIOTT INTL INC NEWcl a | $96,232,000 | +3.6% | 686,688 | +0.6% | 1.59% | +22.1% |
| INTU | New | INTUIT | $72,008,000 | – | 185,913 | – | 1.19% | – |
| MCO | Sell | MOODYS CORP | $51,482,000 | -36.6% | 211,765 | -29.0% | 0.85% | -25.3% |
| EBAY | Exit | EBAY INC | $0 | – | -2,139,984 | – | -1.25% | – |
| CHTR | Exit | CHARTER COMMUNICATIONS INC Ncl a | $0 | – | -255,191 | – | -1.68% | – |
| DEO | Exit | DIAGEO PLCspon adr new | $0 | – | -1,705,411 | – | -4.16% | – |
Q2 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| TMO | New | THERMO FISHER SCIENTIFIC INC | $658,727,000 | – | 1,212,500 | – | 9.23% | – |
| ACN | New | ACCENTURE PLC IRELAND | $636,139,000 | – | 2,291,153 | – | 8.91% | – |
| BKNG | New | BOOKING HLDGS INC | $603,883,000 | – | 345,275 | – | 8.46% | – |
| V | New | VISA INC | $476,999,000 | – | 2,422,668 | – | 6.68% | – |
| EFX | New | EQUIFAX INC | $406,208,000 | – | 2,222,389 | – | 5.69% | – |
| ICE | New | INTERCONTINENTAL EXCHANGE INC | $387,187,000 | – | 4,117,261 | – | 5.42% | – |
| EL | New | LAUDER ESTEE COS INCcl a | $330,886,000 | – | 1,299,274 | – | 4.64% | – |
| ALC | New | ALCON INC | $327,654,000 | – | 4,690,156 | – | 4.59% | – |
| DG | New | DOLLAR GEN CORP NEW | $318,787,000 | – | 1,298,840 | – | 4.46% | – |
| LIN | New | LINDE PLC | $307,563,000 | – | 1,070,348 | – | 4.31% | – |
| DEO | New | DIAGEO PLCspon adr new | $296,946,000 | – | 1,705,411 | – | 4.16% | – |
| ADBE | New | ADOBE INC | $279,894,000 | – | 764,612 | – | 3.92% | – |
| ZTS | New | ZOETIS INCcl a | $251,167,000 | – | 1,461,209 | – | 3.52% | – |
| OTIS | New | OTIS WORLDWIDE CORP | $247,241,000 | – | 3,498,532 | – | 3.46% | – |
| ALLE | New | ALLEGION PLC | $241,758,000 | – | 2,469,441 | – | 3.39% | – |
| FICO | New | FAIR ISAAC CORP | $196,816,000 | – | 490,935 | – | 2.76% | – |
| NKE | New | NIKE INCcl b | $195,556,000 | – | 1,913,468 | – | 2.74% | – |
| RACE | New | FERRARI N V | $175,133,000 | – | 954,924 | – | 2.45% | – |
| PG | New | PROCTER AND GAMBLE CO | $173,070,000 | – | 1,203,631 | – | 2.42% | – |
| ANSS | New | ANSYS INC | $146,607,000 | – | 612,674 | – | 2.05% | – |
| CHTR | New | CHARTER COMMUNICATIONS INC Ncl a | $119,565,000 | – | 255,191 | – | 1.68% | – |
| GOOG | New | ALPHABET INCcap stk cl c | $98,157,000 | – | 44,873 | – | 1.38% | – |
| MAR | New | MARRIOTT INTL INC NEWcl a | $92,865,000 | – | 682,783 | – | 1.30% | – |
| EBAY | New | EBAY INC | $89,173,000 | – | 2,139,984 | – | 1.25% | – |
| MCO | New | MOODYS CORP | $81,156,000 | – | 298,402 | – | 1.14% | – |
Q4 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| PINS | Exit | PINTEREST INCcl a | $0 | – | -1,595,883 | – | -0.84% | – |
| FICO | Exit | FAIR ISAAC CORP | $0 | – | -244,257 | – | -1.01% | – |
| ANSS | Exit | ANSYS INC | $0 | – | -296,549 | – | -1.05% | – |
| MAR | Exit | MARRIOTT INTL INC NEWcl a | $0 | – | -799,021 | – | -1.23% | – |
| CHTR | Exit | CHARTER COMMUNICATIONS INC Ncl a | $0 | – | -249,743 | – | -1.88% | – |
| RACE | Exit | FERRARI N V | $0 | – | -986,839 | – | -2.14% | – |
| ADBE | Exit | ADOBE INC | $0 | – | -359,812 | – | -2.15% | – |
| ALLE | Exit | ALLEGION PLC | $0 | – | -1,990,730 | – | -2.73% | – |
| PG | Exit | PROCTER AND GAMBLE CO | $0 | – | -1,947,105 | – | -2.82% | – |
| DEO | Exit | DIAGEO PLCspon adr new | $0 | – | -1,431,895 | – | -2.86% | – |
| V | Exit | VISA INC | $0 | – | -1,285,516 | – | -2.97% | – |
| ICE | Exit | INTERCONTINENTAL EXCHANGE INC | $0 | – | -2,834,777 | – | -3.37% | – |
| MCO | Exit | MOODYS CORP | $0 | – | -950,897 | – | -3.50% | – |
| EL | Exit | LAUDER ESTEE COS INCcl a | $0 | – | -1,203,075 | – | -3.74% | – |
| NKE | Exit | NIKE INCcl b | $0 | – | -2,662,625 | – | -4.01% | – |
| EFX | Exit | EQUIFAX INC | $0 | – | -1,542,628 | – | -4.05% | – |
| OTIS | Exit | OTIS WORLDWIDE CORP | $0 | – | -4,795,441 | – | -4.09% | – |
| ZTS | Exit | ZOETIS INCcl a | $0 | – | -2,156,300 | – | -4.34% | – |
| ALC | Exit | ALCON INC | $0 | – | -5,545,418 | – | -4.65% | – |
| EBAY | Exit | EBAY INC | $0 | – | -7,356,250 | – | -5.31% | – |
| GOOG | Exit | ALPHABET INCcap stk cl c | $0 | – | -216,343 | – | -5.98% | – |
| TMO | Exit | THERMO FISHER SCIENTIFIC INC | $0 | – | -1,142,461 | – | -6.76% | – |
| ACN | Exit | ACCENTURE PLC IRELAND | $0 | – | -2,246,800 | – | -7.45% | – |
| BKNG | Exit | BOOKING HLDGS INC | $0 | – | -383,420 | – | -9.43% | – |
| LIN | Exit | LINDE PLC | $0 | – | -3,803,347 | – | -11.64% | – |
Q3 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| LIN | Sell | LINDE PLC | $1,122,985,000 | -7.0% | 3,803,347 | -9.1% | 11.64% | -14.4% |
| BKNG | Buy | BOOKING HLDGS INC | $910,189,000 | +70.7% | 383,420 | +57.4% | 9.43% | +57.1% |
| ACN | New | ACCENTURE PLC IRELAND | $718,796,000 | – | 2,246,800 | – | 7.45% | – |
| TMO | Buy | THERMO FISHER SCIENTIFIC INC | $652,722,000 | +31.4% | 1,142,461 | +16.1% | 6.76% | +20.9% |
| GOOG | Buy | ALPHABET INCcap stk cl c | $576,621,000 | +8.8% | 216,343 | +2.3% | 5.98% | +0.1% |
| EBAY | Buy | EBAY INC | $512,510,000 | +1.5% | 7,356,250 | +2.3% | 5.31% | -6.6% |
| ALC | Sell | ALCON INC | $448,918,000 | +7.0% | 5,545,418 | -7.3% | 4.65% | -1.5% |
| ZTS | Sell | ZOETIS INCcl a | $418,624,000 | -7.6% | 2,156,300 | -11.3% | 4.34% | -15.0% |
| OTIS | Sell | OTIS WORLDWIDE CORP | $394,569,000 | -2.7% | 4,795,441 | -3.3% | 4.09% | -10.5% |
| EFX | Buy | EQUIFAX INC | $390,933,000 | +19.8% | 1,542,628 | +13.2% | 4.05% | +10.2% |
| NKE | Sell | NIKE INCcl b | $386,693,000 | -21.6% | 2,662,625 | -16.6% | 4.01% | -27.9% |
| EL | Sell | LAUDER ESTEE COS INCcl a | $360,838,000 | -18.5% | 1,203,075 | -13.5% | 3.74% | -25.0% |
| MCO | Sell | MOODYS CORP | $337,673,000 | -2.3% | 950,897 | -0.3% | 3.50% | -10.1% |
| ICE | Buy | INTERCONTINENTAL EXCHANGE INC | $325,489,000 | +42.3% | 2,834,777 | +47.1% | 3.37% | +30.9% |
| V | Sell | VISA INC | $286,349,000 | -38.3% | 1,285,516 | -35.3% | 2.97% | -43.3% |
| DEO | Buy | DIAGEO PLCspon adr new | $276,356,000 | +12.4% | 1,431,895 | +11.7% | 2.86% | +3.4% |
| PG | Buy | PROCTER AND GAMBLE CO | $272,205,000 | +5.9% | 1,947,105 | +2.2% | 2.82% | -2.6% |
| ALLE | Buy | ALLEGION PLC | $263,135,000 | -3.0% | 1,990,730 | +2.2% | 2.73% | -10.8% |
| ADBE | Sell | ADOBE INC | $207,151,000 | -25.1% | 359,812 | -23.8% | 2.15% | -31.1% |
| RACE | Sell | FERRARI N V | $206,642,000 | -6.1% | 986,839 | -7.5% | 2.14% | -13.6% |
| CHTR | New | CHARTER COMMUNICATIONS INC Ncl a | $181,703,000 | – | 249,743 | – | 1.88% | – |
| MAR | Sell | MARRIOTT INTL INC NEWcl a | $118,327,000 | +1.9% | 799,021 | -6.1% | 1.23% | -6.3% |
| ANSS | Buy | ANSYS INC | $100,960,000 | +0.4% | 296,549 | +2.4% | 1.05% | -7.7% |
| FICO | Sell | FAIR ISAAC CORP | $97,197,000 | -24.9% | 244,257 | -5.1% | 1.01% | -30.9% |
| PINS | Buy | PINTEREST INCcl a | $81,310,000 | -33.7% | 1,595,883 | +2.7% | 0.84% | -39.0% |
| CLB | Exit | CORE LABORATORIES N V | $0 | – | -1,365,005 | – | -0.60% | – |
| ABEV | Exit | AMBEV SAsponsored adr | $0 | – | -33,058,851 | – | -1.28% | – |
| LYFT | Exit | LYFT INC | $0 | – | -1,953,088 | – | -1.33% | – |
Q2 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| LIN | New | LINDE PLC | $1,206,998,000 | – | 4,181,943 | – | 13.60% | – |
| BKNG | New | BOOKING HLDGS INC | $533,126,000 | – | 243,649 | – | 6.01% | – |
| GOOG | New | ALPHABET INCcap stk cl c | $529,891,000 | – | 211,422 | – | 5.97% | – |
| EBAY | New | EBAY INC | $504,999,000 | – | 7,192,688 | – | 5.69% | – |
| TMO | New | THERMO FISHER SCIENTIFIC INC | $496,619,000 | – | 984,437 | – | 5.60% | – |
| NKE | New | NIKE INCcl b | $493,381,000 | – | 3,193,614 | – | 5.56% | – |
| V | New | VISA INC | $464,368,000 | – | 1,986,005 | – | 5.23% | – |
| ZTS | New | ZOETIS INCcl a | $453,265,000 | – | 2,432,203 | – | 5.11% | – |
| EL | New | LAUDER ESTEE COS INCcl a | $442,627,000 | – | 1,391,558 | – | 4.99% | – |
| ALC | New | ALCON INC | $419,489,000 | – | 5,981,583 | – | 4.73% | – |
| OTIS | New | OTIS WORLDWIDE CORP | $405,620,000 | – | 4,960,493 | – | 4.57% | – |
| MCO | New | MOODYS CORP | $345,653,000 | – | 953,868 | – | 3.89% | – |
| EFX | New | EQUIFAX INC | $326,398,000 | – | 1,362,775 | – | 3.68% | – |
| ADBE | New | ADOBE INC | $276,708,000 | – | 472,488 | – | 3.12% | – |
| ALLE | New | ALLEGION PLC | $271,356,000 | – | 1,947,997 | – | 3.06% | – |
| PG | New | PROCTER AND GAMBLE CO | $257,090,000 | – | 1,905,362 | – | 2.90% | – |
| DEO | New | DIAGEO PLCspon adr new | $245,783,000 | – | 1,282,189 | – | 2.77% | – |
| ICE | New | INTERCONTINENTAL EXCHANGE INC | $228,770,000 | – | 1,927,293 | – | 2.58% | – |
| RACE | New | FERRARI N V | $220,012,000 | – | 1,067,322 | – | 2.48% | – |
| FICO | New | FAIR ISAAC CORP | $129,390,000 | – | 257,401 | – | 1.46% | – |
| PINS | New | PINTEREST INCcl a | $122,649,000 | – | 1,553,499 | – | 1.38% | – |
| LYFT | New | LYFT INC | $118,123,000 | – | 1,953,088 | – | 1.33% | – |
| MAR | New | MARRIOTT INTL INC NEWcl a | $116,124,000 | – | 850,598 | – | 1.31% | – |
| ABEV | New | AMBEV SAsponsored adr | $113,722,000 | – | 33,058,851 | – | 1.28% | – |
| ANSS | New | ANSYS INC | $100,545,000 | – | 289,706 | – | 1.13% | – |
| CLB | New | CORE LABORATORIES N V | $53,167,000 | – | 1,365,005 | – | 0.60% | – |
Q4 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CLB | Exit | CORE LABORATORIES N V | $0 | – | -1,470,753 | – | -0.35% | – |
| ABEV | Exit | AMBEV SAsponsored adr | $0 | – | -49,493,482 | – | -1.76% | – |
| UAA | Exit | UNDER ARMOUR INCcl a | $0 | – | -10,112,291 | – | -1.78% | – |
| ICE | Exit | INTERCONTINENTAL EXCHANGE INC | $0 | – | -1,472,385 | – | -2.31% | – |
| FICO | Exit | FAIR ISAAC CORP | $0 | – | -361,713 | – | -2.41% | – |
| MCO | Exit | MOODYS CORP | $0 | – | -572,594 | – | -2.60% | – |
| VRSK | Exit | VERISK ANALYTICS INC | $0 | – | -974,606 | – | -2.83% | – |
| ALC | Exit | ALCON INC | $0 | – | -3,212,557 | – | -2.87% | – |
| BKNG | Exit | BOOKING HLDGS INC | $0 | – | -107,470 | – | -2.88% | – |
| TMO | Exit | THERMO FISHER SCIENTIFIC INC | $0 | – | -435,377 | – | -3.02% | – |
| MAR | Exit | MARRIOTT INTL INC NEWcl a | $0 | – | -2,142,372 | – | -3.11% | – |
| ALLE | Exit | ALLEGION PLC | $0 | – | -2,016,118 | – | -3.13% | – |
| ANSS | Exit | ANSYS INC | $0 | – | -620,518 | – | -3.19% | – |
| ADBE | Exit | ADOBE INC | $0 | – | -449,390 | – | -3.46% | – |
| CHKP | Exit | CHECK POINT SOFTWARE TECH LTord | $0 | – | -1,903,996 | – | -3.60% | – |
| ZTS | Exit | ZOETIS INCcl a | $0 | – | -1,549,534 | – | -4.02% | – |
| GOOG | Exit | ALPHABET INCcap stk cl c | $0 | – | -188,817 | – | -4.35% | – |
| OTIS | Exit | OTIS WORLDWIDE CORP | $0 | – | -4,539,922 | – | -4.45% | – |
| NKE | Exit | NIKE INCcl b | $0 | – | -2,361,535 | – | -4.65% | – |
| PG | Exit | PROCTER AND GAMBLE CO | $0 | – | -2,150,144 | – | -4.69% | – |
| RACE | Exit | FERRARI N V | $0 | – | -1,806,853 | – | -5.21% | – |
| EL | Exit | LAUDER ESTEE COS INCcl a | $0 | – | -1,622,834 | – | -5.56% | – |
| V | Exit | VISA INC | $0 | – | -2,095,062 | – | -6.57% | – |
| EBAY | Exit | EBAY INC | $0 | – | -9,047,389 | – | -7.40% | – |
| LIN | Exit | LINDE PLC | $0 | – | -3,710,988 | – | -13.80% | – |
Q3 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| LIN | Sell | LINDE PLC | $879,413,000 | +0.2% | 3,710,988 | -10.5% | 13.80% | -9.9% |
| EBAY | Buy | EBAY INC | $471,369,000 | +6.3% | 9,047,389 | +7.0% | 7.40% | -4.5% |
| V | Buy | VISA INC | $418,950,000 | +5.5% | 2,095,062 | +1.9% | 6.57% | -5.2% |
| EL | Buy | LAUDER ESTEE COS INCcl a | $354,184,000 | +17.5% | 1,622,834 | +1.6% | 5.56% | +5.6% |
| RACE | Sell | FERRARI N V | $331,991,000 | +2.8% | 1,806,853 | -4.5% | 5.21% | -7.6% |
| PG | Buy | PROCTER AND GAMBLE CO | $298,849,000 | +32.6% | 2,150,144 | +14.0% | 4.69% | +19.1% |
| NKE | Buy | NIKE INCcl b | $296,467,000 | +69.7% | 2,361,535 | +32.6% | 4.65% | +52.6% |
| OTIS | Sell | OTIS WORLDWIDE CORP | $283,382,000 | -6.9% | 4,539,922 | -15.2% | 4.45% | -16.3% |
| GOOG | Buy | ALPHABET INCcap stk cl c | $277,485,000 | +6.0% | 188,817 | +2.0% | 4.35% | -4.7% |
| ZTS | Buy | ZOETIS INCcl a | $256,246,000 | +29.2% | 1,549,534 | +7.1% | 4.02% | +16.2% |
| CHKP | Buy | CHECK POINT SOFTWARE TECH LTord | $229,127,000 | +23.6% | 1,903,996 | +10.3% | 3.60% | +11.1% |
| ADBE | Sell | ADOBE INC | $220,394,000 | +11.3% | 449,390 | -1.2% | 3.46% | 0.0% |
| ANSS | Sell | ANSYS INC | $203,052,000 | +0.1% | 620,518 | -10.7% | 3.19% | -10.0% |
| ALLE | Buy | ALLEGION PLC | $199,414,000 | +25.5% | 2,016,118 | +29.7% | 3.13% | +12.8% |
| MAR | Buy | MARRIOTT INTL INC NEWcl a | $198,341,000 | +15.5% | 2,142,372 | +6.9% | 3.11% | +3.8% |
| TMO | New | THERMO FISHER SCIENTIFIC INC | $192,228,000 | – | 435,377 | – | 3.02% | – |
| BKNG | Buy | BOOKING HLDGS INC | $183,847,000 | +9.9% | 107,470 | +2.3% | 2.88% | -1.2% |
| ALC | Buy | ALCON INC | $182,744,000 | -0.2% | 3,212,557 | +0.7% | 2.87% | -10.3% |
| VRSK | Buy | VERISK ANALYTICS INC | $180,604,000 | +12.3% | 974,606 | +3.1% | 2.83% | +0.9% |
| MCO | Buy | MOODYS CORP | $165,966,000 | +12.9% | 572,594 | +7.0% | 2.60% | +1.4% |
| FICO | Sell | FAIR ISAAC CORP | $153,865,000 | -0.3% | 361,713 | -2.0% | 2.41% | -10.4% |
| ICE | New | INTERCONTINENTAL EXCHANGE INC | $147,312,000 | – | 1,472,385 | – | 2.31% | – |
| UAA | New | UNDER ARMOUR INCcl a | $113,561,000 | – | 10,112,291 | – | 1.78% | – |
| ABEV | Sell | AMBEV SAsponsored adr | $111,855,000 | -18.2% | 49,493,482 | -4.5% | 1.76% | -26.5% |
| CLB | Buy | CORE LABORATORIES N V | $22,444,000 | -16.9% | 1,470,753 | +10.6% | 0.35% | -25.4% |
| CME | Exit | CME GROUP INV | $0 | – | -638,179 | – | -1.81% | – |
| GRFS | Exit | GRIFOLS S Asp adr rep b nvt | $0 | – | -12,273,278 | – | -3.91% | – |
Q2 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| LIN | New | LINDE PLC | $877,414,000 | – | 4,144,394 | – | 15.32% | – |
| EBAY | New | EBAY INC | $443,608,000 | – | 8,457,726 | – | 7.74% | – |
| V | New | VISA INC | $397,172,000 | – | 2,056,073 | – | 6.93% | – |
| RACE | New | FERRARI N V | $323,042,000 | – | 1,891,320 | – | 5.64% | – |
| OTIS | New | OTIS WORLDWIDE CORP | $304,376,000 | – | 5,353,071 | – | 5.31% | – |
| EL | New | LAUDER ESTEE COS INCcl a | $301,459,000 | – | 1,597,725 | – | 5.26% | – |
| GOOG | New | ALPHABET INCcap stk cl c | $261,798,000 | – | 185,198 | – | 4.57% | – |
| PG | New | PROCTER AND GAMBLE CO | $225,433,000 | – | 1,885,366 | – | 3.94% | – |
| GRFS | New | GRIFOLS S Asp adr rep b nvt | $223,865,000 | – | 12,273,278 | – | 3.91% | – |
| ANSS | New | ANSYS INC | $202,786,000 | – | 695,116 | – | 3.54% | – |
| ZTS | New | ZOETIS INCcl a | $198,269,000 | – | 1,446,794 | – | 3.46% | – |
| ADBE | New | ADOBE INC | $198,096,000 | – | 455,068 | – | 3.46% | – |
| CHKP | New | CHECK POINT SOFTWARE TECH LTord | $185,403,000 | – | 1,725,805 | – | 3.24% | – |
| ALC | New | ALCON INC | $183,064,000 | – | 3,189,762 | – | 3.20% | – |
| NKE | New | NIKE INCcl b | $174,664,000 | – | 1,781,377 | – | 3.05% | – |
| MAR | New | MARRIOTT INTL INC NEWcl a | $171,766,000 | – | 2,003,570 | – | 3.00% | – |
| BKNG | New | BOOKING HLDGS INC | $167,333,000 | – | 105,086 | – | 2.92% | – |
| VRSK | New | VERISK ANALYTICS INC | $160,860,000 | – | 945,124 | – | 2.81% | – |
| ALLE | New | ALLEGION PLC | $158,872,000 | – | 1,554,219 | – | 2.77% | – |
| FICO | New | FAIR ISAAC CORP | $154,319,000 | – | 369,150 | – | 2.69% | – |
| MCO | New | MOODYS CORP | $147,014,000 | – | 535,122 | – | 2.57% | – |
| ABEV | New | AMBEV SAsponsored adr | $136,814,000 | – | 51,823,331 | – | 2.39% | – |
| CME | New | CME GROUP INV | $103,730,000 | – | 638,179 | – | 1.81% | – |
| CLB | New | CORE LABORATORIES N V | $27,011,000 | – | 1,329,300 | – | 0.47% | – |
Q4 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| MCO | Exit | MOODYS CORP | $0 | – | -458,026 | – | -2.28% | – |
| ZTS | Exit | ZOETIS INCcl a | $0 | – | -762,943 | – | -2.31% | – |
| ALC | Exit | ALCON INC | $0 | – | -2,110,784 | – | -3.00% | – |
| FICO | Exit | FAIR ISAAC CORP | $0 | – | -423,492 | – | -3.13% | – |
| EW | Exit | EDWARDS LIFESCIENCES CORP | $0 | – | -643,499 | – | -3.45% | – |
| VRSK | Exit | VERISK ANALYTICS INC | $0 | – | -932,967 | – | -3.59% | – |
| CME | Exit | CME GROUP INV | $0 | – | -707,185 | – | -3.64% | – |
| MAR | Exit | MARRIOTT INTL INC NEWcl a | $0 | – | -1,253,498 | – | -3.80% | – |
| ABEV | Exit | AMBEV SAsponsored adr | $0 | – | -34,709,878 | – | -3.90% | – |
| ANSS | Exit | ANSYS INC | $0 | – | -777,293 | – | -4.19% | – |
| AXP | Exit | AMERICAN EXPRESS CO | $0 | – | -1,460,065 | – | -4.20% | – |
| GOOG | Exit | ALPHABET INCcap stk cl c | $0 | – | -147,982 | – | -4.39% | – |
| PG | Exit | PROCTER AND GAMBLE CO | $0 | – | -1,541,049 | – | -4.67% | – |
| EL | Exit | LAUDER ESTEE COS INCcl a | $0 | – | -976,085 | – | -4.73% | – |
| ALLE | Exit | ALLEGION PLC | $0 | – | -1,878,923 | – | -4.74% | – |
| UTX | Exit | UNITED TECHNOLOGIES CORP | $0 | – | -1,539,192 | – | -5.12% | – |
| V | Exit | VISA INC | $0 | – | -1,228,899 | – | -5.15% | – |
| NKE | Exit | NIKE INCcl b | $0 | – | -2,436,458 | – | -5.57% | – |
| GRFS | Exit | GRIFOLS S Asp adr rep b nvt | $0 | – | -12,159,643 | – | -5.93% | – |
| RACE | Exit | FERRARI N V | $0 | – | -2,558,461 | – | -9.61% | – |
| LIN | Exit | LINDE PLC | $0 | – | -2,665,872 | – | -12.59% | – |
Q3 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| LIN | Buy | LINDE PLC | $517,233,000 | +31.2% | 2,665,872 | +35.8% | 12.59% | +25.6% |
| RACE | Sell | FERRARI N V | $394,761,000 | -18.6% | 2,558,461 | -14.5% | 9.61% | -22.1% |
| GRFS | Sell | GRIFOLS S Asp adr rep b nvt | $243,679,000 | -8.1% | 12,159,643 | -3.2% | 5.93% | -12.0% |
| NKE | Buy | NIKE INCcl b | $228,832,000 | +36.8% | 2,436,458 | +22.2% | 5.57% | +31.0% |
| V | Sell | VISA INC | $211,383,000 | -3.7% | 1,228,899 | -2.9% | 5.15% | -7.8% |
| UTX | Buy | UNITED TECHNOLOGIES CORP | $210,130,000 | +29.4% | 1,539,192 | +23.4% | 5.12% | +24.0% |
| ALLE | Buy | ALLEGION PLC | $194,750,000 | -0.3% | 1,878,923 | +6.3% | 4.74% | -4.5% |
| EL | Sell | LAUDER ESTEE COS INCcl a | $194,192,000 | -9.5% | 976,085 | -16.7% | 4.73% | -13.3% |
| PG | Buy | PROCTER AND GAMBLE CO | $191,676,000 | +32.4% | 1,541,049 | +16.8% | 4.67% | +26.9% |
| GOOG | Buy | ALPHABET INCcap stk cl c | $180,390,000 | +34.6% | 147,982 | +19.4% | 4.39% | +28.9% |
| AXP | Sell | AMERICAN EXPRESS CO | $172,696,000 | -6.3% | 1,460,065 | -2.2% | 4.20% | -10.2% |
| ANSS | Sell | ANSYS INC | $172,062,000 | -6.6% | 777,293 | -13.5% | 4.19% | -10.5% |
| ABEV | Buy | AMBEV SAsponsored adr | $160,360,000 | +6.1% | 34,709,878 | +7.3% | 3.90% | +1.6% |
| MAR | Buy | MARRIOTT INTL INC NEWcl a | $155,898,000 | -10.1% | 1,253,498 | +1.4% | 3.80% | -13.9% |
| CME | Sell | CME GROUP INV | $149,456,000 | -17.7% | 707,185 | -24.4% | 3.64% | -21.1% |
| VRSK | Sell | VERISK ANALYTICS INC | $147,539,000 | +5.1% | 932,967 | -2.7% | 3.59% | +0.6% |
| EW | Buy | EDWARDS LIFESCIENCES CORP | $141,512,000 | +34.3% | 643,499 | +12.8% | 3.45% | +28.7% |
| FICO | Sell | FAIR ISAAC CORP | $128,538,000 | -18.9% | 423,492 | -16.1% | 3.13% | -22.3% |
| ALC | Sell | ALCON INC | $123,104,000 | -18.2% | 2,110,784 | -13.3% | 3.00% | -21.7% |
| ZTS | Buy | ZOETIS INCcl a | $95,055,000 | +176.3% | 762,943 | +151.7% | 2.31% | +164.5% |
| MCO | Buy | MOODYS CORP | $93,817,000 | +7.1% | 458,026 | +2.2% | 2.28% | +2.6% |
Q2 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| RACE | New | FERRARI N V | $485,093,000 | – | 2,992,168 | – | 12.33% | – |
| LIN | New | LINDE PLC | $394,357,000 | – | 1,963,156 | – | 10.02% | – |
| GRFS | New | GRIFOLS S Asp adr rep b nvt | $265,078,000 | – | 12,562,923 | – | 6.74% | – |
| V | New | VISA INC | $219,613,000 | – | 1,265,414 | – | 5.58% | – |
| EL | New | LAUDER ESTEE COS INCcl a | $214,518,000 | – | 1,171,524 | – | 5.45% | – |
| ALLE | New | ALLEGION PLC | $195,405,000 | – | 1,767,572 | – | 4.97% | – |
| AXP | New | AMERICAN EXPRESS CO | $184,241,000 | – | 1,492,558 | – | 4.68% | – |
| ANSS | New | ANSYS INC | $184,133,000 | – | 898,998 | – | 4.68% | – |
| CME | New | CME GROUP INV | $181,544,000 | – | 935,264 | – | 4.62% | – |
| MAR | New | MARRIOTT INTL INC NEWcl a | $173,392,000 | – | 1,235,952 | – | 4.41% | – |
| NKE | New | NIKE INCcl b | $167,314,000 | – | 1,993,021 | – | 4.25% | – |
| UTX | New | UNITED TECHNOLOGIES CORP | $162,344,000 | – | 1,246,883 | – | 4.13% | – |
| FICO | New | FAIR ISAAC CORP | $158,492,000 | – | 504,721 | – | 4.03% | – |
| ABEV | New | AMBEV SAsponsored adr | $151,126,000 | – | 32,360,930 | – | 3.84% | – |
| ALC | New | ALCON INC | $150,549,000 | – | 2,434,011 | – | 3.83% | – |
| PG | New | PROCTER AND GAMBLE CO | $144,732,000 | – | 1,319,947 | – | 3.68% | – |
| VRSK | New | VERISK ANALYTICS INC | $140,432,000 | – | 958,842 | – | 3.57% | – |
| GOOG | New | ALPHABET INCcap stk cl c | $133,995,000 | – | 123,965 | – | 3.41% | – |
| EW | New | EDWARDS LIFESCIENCES CORP | $105,349,000 | – | 570,254 | – | 2.68% | – |
| MCO | New | MOODYS CORP | $87,572,000 | – | 448,372 | – | 2.23% | – |
| ZTS | New | ZOETIS INCcl a | $34,401,000 | – | 303,117 | – | 0.88% | – |
Q4 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| EW | Exit | EDWARDS LIFESCIENCES CORP | $0 | – | -217,812 | – | -1.94% | – |
| ABEV | Exit | AMBEV SAsponsored adr | $0 | – | -9,027,683 | – | -2.10% | – |
| CTSH | Exit | COGNIZANT TECHNOLOGY SOLUTIOcl a | $0 | – | -538,263 | – | -2.12% | – |
| MCO | Exit | MOODYS CORP | $0 | – | -306,782 | – | -2.62% | – |
| CL | Exit | COLGATE PALMOLIVE CO | $0 | – | -879,383 | – | -3.00% | – |
| ANSS | Exit | ANSYS INC | $0 | – | -339,674 | – | -3.24% | – |
| GOOG | Exit | ALPHABET INCcap stk cl c | $0 | – | -60,729 | – | -3.70% | – |
| AXP | Exit | AMERICAN EXPRESS CO | $0 | – | -698,237 | – | -3.79% | – |
| CME | Exit | CME GROUP INV | $0 | – | -453,284 | – | -3.94% | – |
| FICO | Exit | FAIR ISAAC CORP | $0 | – | -380,541 | – | -4.44% | – |
| PX | Exit | PRAXAIR INC | $0 | – | -553,146 | – | -4.54% | – |
| NKE | Exit | NIKE INCcl b | $0 | – | -1,081,864 | – | -4.68% | – |
| MAR | Exit | MARRIOTT INTL INC NEWcl a | $0 | – | -695,525 | – | -4.69% | – |
| UTX | Exit | UNITED TECHNOLOGIES CORP | $0 | – | -691,534 | – | -4.93% | – |
| ALLE | Exit | ALLEGION PUB LTD CO | $0 | – | -1,105,911 | – | -5.11% | – |
| V | Exit | VISA INC | $0 | – | -684,413 | – | -5.24% | – |
| EL | Exit | LAUDER ESTEE COS INCcl a | $0 | – | -761,419 | – | -5.65% | – |
| GRFS | Exit | GRIFOLS S Asp adr rep b nvt | $0 | – | -9,846,971 | – | -10.74% | – |
| RACE | Exit | FERRARI N V | $0 | – | -3,353,761 | – | -23.54% | – |
Q3 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| RACE | Sell | FERRARI N V | $461,382,000 | -7.1% | 3,353,761 | -8.3% | 23.54% | -12.3% |
| GRFS | Sell | GRIFOLS S Asp adr rep b nvt | $210,430,000 | -9.0% | 9,846,971 | -8.5% | 10.74% | -14.2% |
| EL | Buy | LAUDER ESTEE COS INCcl a | $110,649,000 | +8.1% | 761,419 | +6.1% | 5.65% | +1.9% |
| V | Sell | VISA INC | $102,724,000 | +4.8% | 684,413 | -7.5% | 5.24% | -1.2% |
| ALLE | Buy | ALLEGION PUB LTD CO | $100,162,000 | +33.7% | 1,105,911 | +14.2% | 5.11% | +26.1% |
| UTX | Buy | UNITED TECHNOLOGIES CORP | $96,683,000 | +36.8% | 691,534 | +22.3% | 4.93% | +29.1% |
| MAR | Buy | MARRIOTT INTL INC NEWcl a | $91,830,000 | +31.6% | 695,525 | +26.2% | 4.69% | +24.1% |
| NKE | Buy | NIKE INCcl b | $91,656,000 | +27.2% | 1,081,864 | +19.6% | 4.68% | +20.0% |
| PX | Buy | PRAXAIR INC | $88,907,000 | +10.1% | 553,146 | +8.4% | 4.54% | +3.9% |
| FICO | Sell | FAIR ISAAC CORP | $86,973,000 | +11.4% | 380,541 | -5.8% | 4.44% | +5.0% |
| CME | Buy | CME GROUP INV | $77,153,000 | +21.3% | 453,284 | +16.8% | 3.94% | +14.4% |
| AXP | New | AMERICAN EXPRESS CO | $74,355,000 | – | 698,237 | – | 3.79% | – |
| GOOG | Sell | ALPHABET INCcap stk cl c | $72,478,000 | +6.9% | 60,729 | -0.1% | 3.70% | +0.8% |
| ANSS | Buy | ANSYS INC | $63,410,000 | +17.2% | 339,674 | +9.3% | 3.24% | +10.6% |
| CL | Buy | COLGATE PALMOLIVE CO | $58,875,000 | +20.4% | 879,383 | +16.6% | 3.00% | +13.6% |
| MCO | Buy | MOODYS CORP | $51,294,000 | +12.2% | 306,782 | +14.5% | 2.62% | +5.8% |
| CTSH | Sell | COGNIZANT TECHNOLOGY SOLUTIOcl a | $41,527,000 | -44.1% | 538,263 | -42.7% | 2.12% | -47.2% |
| ABEV | Buy | AMBEV SAsponsored adr | $41,257,000 | +21.1% | 9,027,683 | +22.7% | 2.10% | +14.2% |
| EW | Sell | EDWARDS LIFESCIENCES CORP | $37,921,000 | +7.1% | 217,812 | -10.5% | 1.94% | +1.0% |
| USB | Exit | US BANCORP DEL | $0 | – | -1,001,075 | – | -2.71% | – |
Q2 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| RACE | New | FERRARI N V | $496,400,000 | – | 3,657,381 | – | 26.86% | – |
| GRFS | New | GRIFOLS S Asp adr rep b nvt | $231,332,000 | – | 10,759,637 | – | 12.52% | – |
| EL | New | LAUDER ESTEE COS INCcl a | $102,374,000 | – | 717,459 | – | 5.54% | – |
| V | New | VISA INC | $98,053,000 | – | 740,305 | – | 5.30% | – |
| PX | New | PRAXAIR INC | $80,721,000 | – | 510,405 | – | 4.37% | – |
| FICO | New | FAIR ISAAC CORP | $78,097,000 | – | 403,978 | – | 4.22% | – |
| ALLE | New | ALLEGION PUB LTD CO | $74,936,000 | – | 968,660 | – | 4.05% | – |
| CTSH | New | COGNIZANT TECHNOLOGY SOLUTIOcl a | $74,223,000 | – | 939,647 | – | 4.02% | – |
| NKE | New | NIKE INCcl b | $72,064,000 | – | 904,412 | – | 3.90% | – |
| UTX | New | UNITED TECHNOLOGIES CORP | $70,669,000 | – | 565,220 | – | 3.82% | – |
| MAR | New | MARRIOTT INTL INC NEWcl a | $69,800,000 | – | 551,342 | – | 3.78% | – |
| GOOG | New | ALPHABET INCcap stk cl c | $67,820,000 | – | 60,790 | – | 3.67% | – |
| CME | New | CME GROUP INV | $63,601,000 | – | 387,999 | – | 3.44% | – |
| ANSS | New | ANSYS INC | $54,107,000 | – | 310,638 | – | 2.93% | – |
| USB | New | US BANCORP DEL | $50,074,000 | – | 1,001,075 | – | 2.71% | – |
| CL | New | COLGATE PALMOLIVE CO | $48,884,000 | – | 754,259 | – | 2.64% | – |
| MCO | New | MOODYS CORP | $45,704,000 | – | 267,966 | – | 2.47% | – |
| EW | New | EDWARDS LIFESCIENCES CORP | $35,422,000 | – | 243,336 | – | 1.92% | – |
| ABEV | New | AMBEV SAsponsored adr | $34,059,000 | – | 7,356,066 | – | 1.84% | – |
Q4 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ABEV | Exit | AMBEV SAsponsored adr | $0 | – | -4,544,467 | – | -0.08% | – |
| GRFS | Exit | GRIFOLS S Asp adr rep b nvt | $0 | – | -11,464,560 | – | -0.73% | – |
| ECL | Exit | ECOLAB INC | $0 | – | -148,305 | – | -1.56% | – |
| NKE | Exit | NIKE INCcl b | $0 | – | -480,192 | – | -2.04% | – |
| MON | Exit | MONSANTO CO NEW | $0 | – | -248,452 | – | -2.44% | – |
| CL | Exit | COLGATE PALMOLIVE CO | $0 | – | -515,080 | – | -3.08% | – |
| ANSS | Exit | ANSYS INC | $0 | – | -341,047 | – | -3.43% | – |
| MCO | Exit | MOODYS CORP | $0 | – | -355,453 | – | -4.06% | – |
| FICO | Exit | FAIR ISAAC CORP | $0 | – | -361,353 | – | -4.16% | – |
| GOOG | Exit | ALPHABET INCcap stk cl c | $0 | – | -56,289 | – | -4.43% | – |
| MAR | Exit | MARRIOTT INTL INC NEWcl a | $0 | – | -497,912 | – | -4.50% | – |
| USB | Exit | US BANCORP DEL | $0 | – | -1,101,655 | – | -4.84% | – |
| PX | Exit | PRAXAIR INC | $0 | – | -423,495 | – | -4.85% | – |
| CTSH | Exit | COGNIZANT TECHNOLOGY SOLUTIOcl a | $0 | – | -819,187 | – | -4.87% | – |
| ALLE | Exit | ALLEGION PUB LTD CO | $0 | – | -744,777 | – | -5.28% | – |
| EL | Exit | LAUDER ESTEE COS INCcl a | $0 | – | -705,640 | – | -6.24% | – |
| V | Exit | VISA INC | $0 | – | -739,854 | – | -6.38% | – |
| RACE | Exit | FERRARI N V | $0 | – | -4,187,765 | – | -37.01% | – |
Q3 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| RACE | Sell | FERRARI N V | $451,354,000 | +10.8% | 4,187,765 | -13.6% | 37.01% | +2.5% |
| V | Buy | VISA INC | $77,862,000 | +16.8% | 739,854 | +4.1% | 6.38% | +8.1% |
| EL | Buy | LAUDER ESTEE COS INCcl a | $76,096,000 | +16.5% | 705,640 | +3.7% | 6.24% | +7.8% |
| ALLE | Buy | ALLEGION PUB LTD CO | $64,401,000 | +13.9% | 744,777 | +6.8% | 5.28% | +5.3% |
| CTSH | Buy | COGNIZANT TECHNOLOGY SOLUTIOcl a | $59,424,000 | +25.5% | 819,187 | +14.8% | 4.87% | +16.1% |
| PX | Buy | PRAXAIR INC | $59,179,000 | +15.6% | 423,495 | +9.7% | 4.85% | +7.0% |
| USB | Buy | US BANCORP DEL | $59,038,000 | +13.0% | 1,101,655 | +9.4% | 4.84% | +4.5% |
| MAR | Buy | MARRIOTT INTL INC NEWcl a | $54,900,000 | +12.5% | 497,912 | +2.3% | 4.50% | +4.0% |
| GOOG | Buy | ALPHABET INCcap stk cl c | $53,987,000 | +15.1% | 56,289 | +9.0% | 4.43% | +6.4% |
| FICO | Buy | FAIR ISAAC CORP | $50,770,000 | +1.7% | 361,353 | +0.9% | 4.16% | -5.9% |
| MCO | Buy | MOODYS CORP | $49,483,000 | +17.0% | 355,453 | +2.3% | 4.06% | +8.2% |
| ANSS | Buy | ANSYS INC | $41,857,000 | +6.4% | 341,047 | +5.5% | 3.43% | -1.6% |
| CL | Buy | COLGATE PALMOLIVE CO | $37,524,000 | +0.5% | 515,080 | +2.3% | 3.08% | -7.0% |
| MON | Buy | MONSANTO CO NEW | $29,770,000 | +16.3% | 248,452 | +14.9% | 2.44% | +7.6% |
| NKE | Sell | NIKE INCcl b | $24,898,000 | -50.6% | 480,192 | -43.8% | 2.04% | -54.3% |
| ECL | New | ECOLAB INC | $19,074,000 | – | 148,305 | – | 1.56% | – |
| GRFS | Sell | GRIFOLS S Asp adr rep b nvt | $8,902,000 | -4.6% | 11,464,560 | -7.1% | 0.73% | -11.8% |
| ABEV | New | AMBEV SAsponsored adr | $1,023,000 | – | 4,544,467 | – | 0.08% | – |
| CLB | Exit | CORE LABORATORIES N V | $0 | – | -310,226 | – | -2.78% | – |
Q2 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| RACE | New | FERRARI N V | $407,263,000 | – | 4,844,596 | – | 36.11% | – |
| V | New | VISA INC | $66,654,000 | – | 710,746 | – | 5.91% | – |
| EL | New | LAUDER ESTEE COS INCcl a | $65,313,000 | – | 680,484 | – | 5.79% | – |
| ALLE | New | ALLEGION PUB LTD CO | $56,544,000 | – | 697,036 | – | 5.01% | – |
| USB | New | US BANCORP DEL | $52,260,000 | – | 1,006,549 | – | 4.63% | – |
| PX | New | PRAXAIR INC | $51,180,000 | – | 386,117 | – | 4.54% | – |
| NKE | New | NIKE INCcl b | $50,447,000 | – | 855,034 | – | 4.47% | – |
| FICO | New | FAIR ISAAC CORP | $49,918,000 | – | 358,063 | – | 4.43% | – |
| MAR | New | MARRIOTT INTL INC NEWcl a | $48,816,000 | – | 486,651 | – | 4.33% | – |
| CTSH | New | COGNIZANT TECHNOLOGY SOLUTIOcl a | $47,366,000 | – | 713,337 | – | 4.20% | – |
| GOOG | New | ALPHABET INCcap stk cl c | $46,912,000 | – | 51,624 | – | 4.16% | – |
| MCO | New | MOODYS CORP | $42,285,000 | – | 347,510 | – | 3.75% | – |
| ANSS | New | ANSYS INC | $39,335,000 | – | 323,266 | – | 3.49% | – |
| CL | New | COLGATE PALMOLIVE CO | $37,329,000 | – | 503,568 | – | 3.31% | – |
| CLB | New | CORE LABORATORIES N V | $31,417,000 | – | 310,226 | – | 2.78% | – |
| MON | New | MONSANTO CO NEW | $25,587,000 | – | 216,176 | – | 2.27% | – |
| GRFS | New | GRIFOLS S Asp adr rep b nvt | $9,335,000 | – | 12,341,363 | – | 0.83% | – |