MOUNTAIN PACIFIC INVESTMENT ADVISERS LLC

CIK 1067324 · View on SEC EDGAR ↗

Portfolio value QoQ: +8.8% 13F does not disclose cash

Top 10 holdings weight41.56%

Top 25 holdings weight67.85%

Positions above 1%29

Effective number of positions34.6

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 0.83% Est. buys $5,062,370 · sells $25,412,258

Median holding: 6.0 quarters Tracked Q1 2025–Q2 2026 · 91.2% still held

New positions9

Increased11

Decreased73

Closed4

Portfolio value $635.4M #3,377 of 9,339 by 13F value · top 36.2%

Positions 146

As of June 30, 2026 Data as of Q2 2026

Performance vs S&P 500

Tracked Q1 2025–Q2 2026 +20.7%

S&P 500 total return (same window) +37.0%

Excess return -16.3%

Annualized: +16.2% · S&P 500: +28.7%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 97.4% · Options excluded: 0.0%

Sector breakdown

Industrials 54.5%

Financials 11.1%

Health Care 10.6%

Technology 6.7%

Materials 5.5%

Retail 2.8%

Consumer products 1.5%

Energy 0.9%

Consumer Discretionary 0.3%

Consumer Staples 0.2%

Communication Services 0.2%

Utilities 0.1%

Other/Unmapped 5.5%

Full portfolio 146 positions

Search positions by ticker or company name

					Streak
APH Amphenol Corporation Common Stock	$63,259,208	9.96%	358,775	$16,270,906	Down ×6
AME AMETEK, Inc.	$41,796,345	6.58%	172,755	$3,146,380	Down ×6
VRT Vertiv Holdings, LLC Class A Common Stock	$26,065,402	4.10%	77,849	$5,407,837	Down ×6
IEX IDEX Corporation Common Stock	$25,910,201	4.08%	114,167	$3,543,491	Down ×6
DHR Danaher Corporation Common Stock	$23,349,647	3.67%	122,583	$-579,048	Down ×6
TMO Thermo Fisher Scientific Inc Common Stock	$18,946,896	2.98%	37,791	$18,567	Down ×6
AJG Arthur J. Gallagher & Co. Common Stock	$17,311,415	2.72%	75,408	$961,791	Down ×1
XYL Xylem Inc. Common Stock New	$15,883,050	2.50%	134,363	$-599,346	Down ×1
ATR AptarGroup, Inc. Common Stock	$15,798,612	2.49%	126,187	$-745,546	Down ×5
DCI Donaldson Company, Inc. Common Stock	$15,749,608	2.48%	175,444	$372,861	Down ×6
NVT nVent Electric plc Ordinary Shares	$13,520,800	2.13%	79,717	$3,845,969	Down ×4
ROP Roper Technologies, Inc. - Common Stock	$13,520,372	2.13%	39,955	$-1,322,286	Down ×1
MU Micron Technology, Inc. - Common Stock	$13,216,718	2.08%	11,450	$9,232,204	Down ×3
FIX Comfort Systems USA, Inc. Common Stock	$12,252,415	1.93%	6,182	$3,211,757	Down ×6
BSV VANGUARD BOND INDEX FUNDS	$11,379,370	1.79%	146,058	$-345,884	Down ×6
FISV Fiserv, Inc. - Common Stock	$11,308,478	1.78%	230,550	$-2,535,614	Down ×2
NDSN Nordson Corporation - Common Stock	$11,276,569	1.77%	37,378	$881,073	Down ×5
LSTR Landstar System, Inc. - Common Stock	$11,054,408	1.74%	53,452	$2,210,266	Down ×6
RBC RBC Bearings Incorporated Common Stock	$10,737,768	1.69%	16,672	$1,013,748	Down ×6
GGG Graco Inc. Common Stock	$10,723,615	1.69%	141,828	$-1,832,181	Down ×6
VRSK Verisk Analytics, Inc. - Common Stock	$10,475,755	1.65%	58,351	$-1,012,659	Down ×2
FAST Fastenal Company - Common Stock	$9,510,036	1.50%	198,002	$654,550	Up ×1
RPM RPM International Inc. Common Stock	$9,499,161	1.50%	85,463	$746,043	Down ×6
ECL Ecolab Inc. Common Stock	$9,381,635	1.48%	33,673	$606,965	Up ×1
COST Costco Wholesale Corporation - Common Stock	$9,187,077	1.45%	9,821	$-741,166	Down ×6
CHD Church & Dwight Company, Inc. Common Stock	$7,397,563	1.16%	76,358	$-117,310	Down ×6
AIZ Assurant, Inc. Common Stock	$7,296,766	1.15%	27,173	$1,237,945	Down ×4
JPM JP Morgan Chase & Co. Common Stock	$7,011,736	1.10%	21,421	$793,194	Up ×1
CLH Clean Harbors, Inc. Common Stock	$6,452,104	1.02%	21,597	$-266,553	Down ×2
FTV Fortive Corporation Common Stock	$6,016,998	0.95%	98,494	$345,602	Down ×6
VCSH Vanguard Short-Term Corporate Bond ETF	$5,980,007	0.94%	75,668	$-288,467	Down ×6
RSP Invesco Exchange-Traded Fund Trust	$5,591,907	0.88%	26,281	$977,481	Up ×4
CSW CSW Industrials, Inc. Common Stock	$5,193,078	0.82%	18,660	$222,775	Down ×1
SPGI S&P Global Inc. Common Stock	$5,190,529	0.82%	12,745	$-321,027	Down ×6
MSA MSA Safety Incorporated Common Stock	$5,144,174	0.81%	29,466	$270,596	Down ×1
XOM Exxon Mobil Corporation Common Stock	$5,085,711	0.80%	37,198	$-1,225,302
VLTO Veralto Corp Common Stock	$4,603,201	0.72%	51,908	$-189,075	Down ×2
MSFT Microsoft Corporation - Common Stock	$4,352,920	0.69%	11,669	$33,258
FIS Fidelity National Information Services, Inc. Common Stock	$4,245,670	0.67%	109,199	$-2,591,243	Down ×6
UFPT UFP Technologies, Inc. - Common Stock	$4,105,273	0.65%	15,484	$890,739	Down ×4
AIT Applied Industrial Technologies, Inc. Common Stock	$4,060,167	0.64%	12,007	$645,233	Down ×1
USB U.S. Bancorp Common Stock	$3,906,008	0.61%	64,669	$337,810	Down ×2
ABBV AbbVie Inc. Common Stock	$3,856,383	0.61%	15,325	$519,434	Down ×6
AAPL Apple Inc. - Common Stock	$3,775,519	0.59%	13,048	$474,263	Up ×1
KAI Kadant Inc Common Stock	$3,602,333	0.57%	11,464	$203,472	Down ×1
GNRC Generac Holdlings Inc. Common Stock	$3,566,133	0.56%	12,179	$1,154,589	Down ×6
JNJ Johnson & Johnson Common Stock	$3,560,659	0.56%	14,020	$24,590	Down ×6
WAT Waters Corporation Common Stock	$3,051,325	0.48%	8,136	$589,412	Down ×6
RRX Regal Rexnord Corporation Common Stock	$3,008,816	0.47%	12,632	$716,566	Up ×2
AMAT Applied Materials, Inc. - Common Stock	$2,899,230	0.46%	4,010	$1,528,652
FCN FTI Consulting, Inc. Common Stock	$2,846,240	0.45%	19,101	$-744,135	Down ×5
BND Vanguard Total Bond Market ETF	$2,654,799	0.42%	36,164	$200,820	Up ×1
VGSH Vanguard Short-Term Treasury ETF	$2,469,833	0.39%	42,437	$-14,429
ITW Illinois Tool Works Inc. Common Stock	$2,408,806	0.38%	8,906	$25,591	Down ×6
WINA Winmark Corporation - Common Stock	$2,398,017	0.38%	5,668	$485,586	Up ×2
ADP Automatic Data Processing, Inc. - Common Stock	$2,380,812	0.37%	10,631	$-83,965	Down ×6
PNR Pentair plc. Ordinary Share	$2,345,259	0.37%	30,593	$-337,119	Down ×6
WMT Walmart Inc. - Common Stock	$2,282,773	0.36%	20,155	$-287,357	Down ×3
SNA Snap-On Incorporated Common Stock	$2,254,245	0.35%	5,602	$219,487
AMGN Amgen Inc. - Common Stock	$2,211,063	0.35%	6,106	$62,708
ABT Abbott Laboratories Common Stock	$2,198,630	0.35%	24,230	$-301,898	Down ×2
CAT Caterpillar, Inc. Common Stock	$2,049,363	0.32%	1,924	$629,279	Down ×3
ROST Ross Stores, Inc. - Common Stock	$1,958,220	0.31%	9,200	$-34,776
VUSB Vanguard Ultra-Short Bond ETF	$1,860,876	0.29%	37,382	$-222,377	Down ×1
PG Procter & Gamble Company (The) Common Stock	$1,845,655	0.29%	12,586	$-30,086	Down ×2
WAB Westinghouse Air Brake Technologies Corporation Common Stock	$1,808,746	0.28%	6,709	$132,100
CBSH Commerce Bancshares, Inc. - Common Stock	$1,754,445	0.28%	30,380	$259,749
BRK-A (filed as BRKA) Berkshire Hathaway Inc. Class A	$1,497,700	0.24%	2	$61,420
MMSI Merit Medical Systems, Inc. - Common Stock	$1,397,132	0.22%	20,149	$364,492	Up ×3
ETN Eaton Corporation, PLC Ordinary Shares	$1,346,113	0.21%	3,159	$180,466	Down ×1
TFX Teleflex Incorporated Common Stock	$1,339,346	0.21%	10,566	$35,119	Down ×6
RTX RTX Corporation Common Stock	$1,301,738	0.20%	6,861	$-44,897	Down ×6
VNT Vontier Corporation Common Stock	$1,252,684	0.20%	43,196	$-226,450	Up ×1
WAY Waystar Holding Corp. - Common Stock	$1,173,577	0.18%	57,164	$-802,937	Down ×1
INTC Intel Corporation - Common Stock	$1,130,444	0.18%	8,096	$724,625	Down ×1
BIV VANGUARD BOND INDEX FUNDS	$1,082,237	0.17%	14,110	$-6,773
IBM International Business Machines Corporation Common Stock	$1,039,352	0.16%	3,696	$143,479
CHRW C.H. Robinson Worldwide, Inc. - Common Stock	$1,035,870	0.16%	5,500	$122,485
FITB Fifth Third Bancorp - Common Stock	$1,025,934	0.16%	18,200	$180,362
WFC Wells Fargo & Company Common Stock	$1,022,918	0.16%	12,378	$5,741	Down ×2
RY Royal Bank Of Canada Common Stock	$982,901	0.15%	4,749	$214,608
COF Capital One Financial Corporation Common Stock	$933,084	0.15%	4,651	$84,602
LRN Stride, Inc. Common Stock	$911,126	0.14%	10,565	$3,416	Up ×1
MTB M&T Bank Corporation Common Stock	$877,543	0.14%	3,687	$115,366
PRGS Progress Software Corporation - Common Stock	$866,364	0.14%	25,800	$-93,254	Down ×4
HD Home Depot, Inc. (The) Common Stock	$861,950	0.14%	2,444	$-40,524	Down ×2
VTI Vanguard Morningstar Total Stock Market ETF	$844,801	0.13%	2,283	$112,392
ZBRA Zebra Technologies Corporation - Class A Common Stock	$811,104	0.13%	3,081	$30,399	Down ×6
SPY SPY	$785,535	0.12%	1,052	$-582,097	Down ×2
V Visa Inc.	$751,710	0.12%	2,191	$59,278	Down ×2
MSM MSC Industrial Direct Company, Inc. Common Stock	$725,952	0.11%	6,103	$162,828
VOO Vanguard S&P 500 ETF	$699,859	0.11%	1,019	$90,956
SIGI Selective Insurance Group, Inc. - Common Stock	$694,204	0.11%	7,156	$152,225	Down ×6
PEP PepsiCo, Inc. - Common Stock	$691,623	0.11%	5,108	$-101,598
AWK American Water Works Company, Inc. Common Stock	$683,821	0.11%	5,197	$-37,048	Down ×2
PNC PNC Financial Services Group, Inc. (The) Common Stock	$673,165	0.11%	2,734	$104,247
TSLA Tesla, Inc. - Common Stock	$667,913	0.11%	1,588	$77,574
QQQ Invesco QQQ Trust, Series 1	$641,404	0.10%	871	$138,680
CSCO Cisco Systems, Inc. - Common Stock	$637,663	0.10%	5,429	$216,445
CNI Canadian National Railway Company Common Stock	$626,010	0.10%	5,250	$86,467
No matches

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security	Value	% of portfolio	Streak
RSP	$5,591,907	0.88%	up ×4
MMSI	$1,397,132	0.22%	up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security	Value	Shares	% of portfolio
TYL	$479,049	1,638	0.08%
SNDK	$379,713	167	0.06%
WDC	$320,651	502	0.05%
RAL	$299,011	4,061	0.05%
Unknown issuer (CUSIP: 438516205)	$292,526	1,307	0.05%
Unknown issuer (CUSIP: 43849R105)	$288,730	1,306	0.05%
MIDD	$241,674	1,405	0.04%
TDY	$213,408	320	0.03%
VUG	$200,534	2,328	0.03%

Top movers (QoQ)

Security	Action	Shares Δ	Value Δ
APH	Trimmed	-13K	+$16.3M
MU	Trimmed	-344	+$9.2M
VRT	Trimmed	-5K	+$5.4M
NVT	Trimmed	-2K	+$3.8M
IEX	Trimmed	-4K	+$3.5M
FIX	Trimmed	-374	+$3.2M
AME	Trimmed	-8K	+$3.1M
FIS	Trimmed	-37K	-$2.6M
FISV	Trimmed	-18K	-$2.5M
LSTR	Trimmed	-2K	+$2.2M

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

Security	Quarter	Shares before	Value before	Price since exit
CRL	June 30, 2025	136,451	$20,538,605	147.9%
ZD	June 30, 2025	82,163	$3,087,686	82.9%
HON	June 30, 2026	2,614	$590,842	-2.1%
NVDA	March 31, 2026	2,990	$557,635	23.5%
CNMD	June 30, 2026	13,017	$460,281	36.2%
MOD	Dec. 31, 2025	3,119	$443,397	7.5%
CSX	June 30, 2025	13,800	$406,134	59.4%
MNPR	March 31, 2026	6,100	$398,330	33.9%
GOOG	June 30, 2025	2,250	$351,473	81.5%
MIDD	March 31, 2026	2,005	$298,083
RAL	March 31, 2026	5,741	$292,274	68.1%
INTC	June 30, 2025	10,291	$233,709	326.5%
VZ	June 30, 2026	4,544	$228,109	2.0%
FNF	June 30, 2025	3,300	$214,764
OTIS	March 31, 2026	2,455	$214,444	-5.5%
ORCL	Dec. 31, 2025	752	$211,492	-25.8%
SARO	March 31, 2026	7,110	$203,915	-14.0%
IDA	Dec. 31, 2025	1,542	$203,775	10.4%
GOOG	June 30, 2026	700	$200,721	-8.9%