Performance vs S&P 500

03
Suivi de Q3 2025 à Q2 2026 +7.4%
Rendement total du S&P 500 (même période) +13.0%
Rendement excédentaire -5.5%

Annualisé : +10.1% · S&P 500 : +17.7%

Approximation d'un portefeuille d'achat et de conservation construit à partir d'instantanés trimestriels du SEC 13F. Exclut les liquidités, les positions courtes, les options/dérivés et les titres non 13(f) — reflète uniquement le portefeuille d'actions longues divulgué, pas le total des actifs sous gestion du fonds. Le délai de dépôt SEC peut aller jusqu'à 45 jours ; il ne s'agit pas d'un calendrier copiable en temps réel.

Couverture valorisable : 85,5% · Options exclues : 0,0%

Répartition sectorielle

04
Financials 40,7%
Industrials 16,8%
Communication Services 12,0%
Technology 9,3%
Retail 8,9%
Materials 3,3%
Healthcare 2,9%
Consumer Staples 2,7%
Consumer Discretionary 1,6%
Consumer products 0,7%
Real Estate 0,3%
Energy 0,2%
Autre/Non mappé 0,6%

Portefeuille complet 130 positions

05
Type Série Tendance 8 trimestres
GOOG Alphabet Inc. - Class C Capital Stock $971 608 033 7,40% 2 749 860 $182 783 193
BRK-A (déposé en tant que BRKA) Berkshire Hathaway Inc. Class A $834 218 900 6,35% 1 114 $34 210 940
BRK-B (déposé en tant que BRKB) Berkshire Hathaway Inc. Class B $766 582 969 5,84% 1 531 971 $32 462 466
DE Deere & Company Common Stock $556 878 306 4,24% 877 900 $62 357 236
BN Brookfield Corporation Class A Limited Voting Shares $556 805 009 4,24% 13 073 609 $27 716 052
AMZN Amazon.com, Inc. - Common Stock $484 011 339 3,69% 2 030 760 $61 064 954
ADI Analog Devices, Inc. - Common Stock $397 039 330 3,02% 999 671 $71 504 166 Baisse ×1
GS Goldman Sachs Group, Inc. (The) Common Stock $363 445 924 2,77% 359 360 $59 430 959
AAPL Apple Inc. - Common Stock $355 128 634 2,70% 1 227 290 $43 654 704
CAT Caterpillar, Inc. Common Stock $349 979 385 2,67% 328 650 $117 144 006
V Visa Inc. $347 863 069 2,65% 1 013 912 $44 314 068 Hausse ×2
HD Home Depot, Inc. (The) Common Stock $325 347 299 2,48% 922 500 $22 768 498 Hausse ×1
WSO Watsco, Inc. Common Stock $249 100 359 1,90% 597 750 $37 313 097 Hausse ×3
TXN Texas Instruments Incorporated - Common Stock $215 802 680 1,64% 724 000 $75 245 321
BLK BlackRock, Inc. Common Stock $211 735 512 1,61% 220 200 $-33 031
GOOGL Alphabet Inc. - Class A Common Stock $204 415 640 1,56% 572 000 $39 931 320
MSFT Microsoft Corporation - Common Stock $200 546 744 1,53% 537 630 $1 532 248
DIS Walt Disney Company (The) Common Stock $195 547 757 1,49% 2 031 665 $-264 117
AXP American Express Company Common Stock $165 894 715 1,26% 490 450 $17 543 399
LOW Lowe's Companies, Inc. Common Stock $165 804 070 1,26% 751 980 $-8 683 983 Hausse ×6
PGR Progressive Corporation (The) Common Stock $164 656 689 1,25% 753 750 $15 233 289
FNV Franco-Nevada Corporation $161 228 340 1,23% 773 500 $-13 806 586 Hausse ×6
LPLA LPL Financial Holdings Inc. - Common Stock $157 726 999 1,20% 559 951 $-10 723 060
JNJ Johnson & Johnson Common Stock $155 124 875 1,18% 610 800 $5 820 923
BX Blackstone Inc. Common Stock $144 616 429 1,10% 1 229 000 $3 293 719
RLI RLI Corp. Common Stock (DE) $141 445 715 1,08% 2 394 544 $4 860 925
GD General Dynamics Corporation Common Stock $138 507 840 1,05% 391 000 $4 308 821
NVO Novo Nordisk A/S Common Stock $137 576 966 1,05% 2 869 774 $32 112 770
KKR KKR & Co. Inc. Common Stock $133 246 205 1,01% 1 451 800 $-1 045 297
META Meta Platforms, Inc. - Class A Common Stock $131 901 676 1,00% 234 163 $-10 159 919 Baisse ×1
SCHW Charles Schwab Corporation (The) Common Stock $128 698 196 0,98% 1 394 800 $-1 351 327 Hausse ×3
MRSH Marsh Common Stock $127 252 547 0,97% 763 500 $-5 176 530
APO Apollo Global Management, Inc. (New) Common Stock $119 788 875 0,91% 1 012 500 $6 976 125
ADM Archer-Daniels-Midland Company Common Stock $115 043 119 0,88% 1 505 800 $5 586 517
LIN Linde plc - Ordinary Shares $111 883 464 0,85% 215 600 $10 450 968 Hausse ×6
DEO Diageo plc Common Stock $110 298 080 0,84% 1 372 208 $8 137 194
MA Mastercard Incorporated Common Stock $106 592 545 0,81% 207 540 $2 893 109
DG Dollar General Corporation Common Stock $100 059 367 0,76% 869 250 $-3 146 685
BAM Brookfield Asset Management Inc Class A Limited Voting Shares $98 398 791 0,75% 2 193 953 $877 579
HEI-A (déposé en tant que HEIA) HEICO Corporation Class A $97 913 984 0,75% 379 644 $17 774 932
MCO Moody's Corporation Common Stock $96 875 059 0,74% 213 890 $3 565 545
ODFL Old Dominion Freight Line, Inc. - Common Stock $92 953 890 0,71% 429 150 $9 097 980
NSC Norfolk Southern Corporation Common Stock $88 871 675 0,68% 282 500 $7 794 175
ITW Illinois Tool Works Inc. Common Stock $88 578 926 0,67% 327 500 $3 333 950
JPM JP Morgan Chase & Co. Common Stock $82 667 192 0,63% 252 550 $8 377 084
NVR NVR, Inc. Common Stock $82 421 700 0,63% 12 097 $2 770 425 Hausse ×3
MSCI MSCI Inc. Common Stock $80 001 714 0,61% 142 850 $3 004 136
ROK Rockwell Automation, Inc. Common Stock $76 687 892 0,58% 154 900 $21 097 380
ECL Ecolab Inc. Common Stock $76 422 723 0,58% 274 300 $3 453 437
Émetteur inconnu (CUSIP: 866966104) $72 891 947 0,56% 974 361 $10 186 780 Hausse ×1
SBUX Starbucks Corporation - Common Stock $63 747 961 0,49% 623 818 $7 860 106
ROL Rollins, Inc. Common Stock $63 299 755 0,48% 1 516 525 $-16 709 761 Hausse ×5
THG Hanover Insurance Group Inc $60 167 720 0,46% 281 000 $11 456 370
ITIC Investors Title Company - Common Stock $58 375 945 0,44% 213 300 $12 017 324
CG The Carlyle Group Inc. - Common Stock $55 879 970 0,43% 1 327 000 $-8 333 560
TSN Tyson Foods, Inc. Common Stock $52 297 875 0,40% 913 500 $-4 692 390 Hausse ×5
SPGI S&P Global Inc. Common Stock $47 930 429 0,37% 117 690 $-2 127 836
AON Aon plc Class A Ordinary Shares (Ireland) $45 043 503 0,34% 135 800 $1 209 979
UNP Union Pacific Corporation Common Stock $43 799 616 0,33% 161 028 $7 339 168 Hausse ×5
FERG Ferguson Enterprises Inc. Common Stock $42 766 866 0,33% 180 200 $2 949 384 Hausse ×6
RTX RTX Corporation Common Stock $42 499 520 0,32% 224 000 $-710 080
CSCO Cisco Systems, Inc. - Common Stock $41 757 030 0,32% 355 500 $14 173 785
MELI MercadoLibre, Inc. - Common Stock $40 737 361 0,31% 24 000 $31 314 202 Hausse ×1
YUM Yum! Brands, Inc. $39 199 750 0,30% 245 213 $1 074 032
MAR Marriott International - Class A Common Stock $36 873 706 0,28% 99 500 $6 210 893 Hausse ×6
ALL Allstate Corporation (The) Common Stock $36 773 627 0,28% 154 550 $4 729 230
TMO Thermo Fisher Scientific Inc Common Stock $36 649 416 0,28% 73 100 $3 667 752 Hausse ×6
COST Costco Wholesale Corporation - Common Stock $36 623 651 0,28% 39 150 $-2 386 584
HGTY Hagerty, Inc. Class A Common Stock $35 897 400 0,27% 3 108 000 $3 170 160
TROW T. Rowe Price Group, Inc. - Common Stock $35 698 661 0,27% 314 000 $7 394 701
URI United Rentals, Inc. Common Stock $35 289 524 0,27% 31 150 $12 594 880
ABNB Airbnb, Inc. - Class A Common Stock $34 685 867 0,26% 242 389 $4 076 983
LMT Lockheed Martin Corporation Common Stock $33 223 415 0,25% 65 213 $-6 190 671
HCA HCA Healthcare, Inc. Common Stock $32 893 460 0,25% 84 366 $-6 115 714 Hausse ×6
SHW Sherwin-Williams Company (The) Common Stock $32 425 304 0,25% 94 172 $2 238 470
FDS FactSet Research Systems Inc. Common Stock $31 147 311 0,24% 135 376 $1 772 073
LAMR Lamar Advertising Company - Class A Common Stock $30 104 140 0,23% 193 000 $5 658 760
VRSK Verisk Analytics, Inc. - Common Stock $27 997 704 0,21% 155 950 $-1 593 809
CSX CSX Corporation - Common Stock $27 781 285 0,21% 584 500 $6 024 785 Hausse ×4
AMAT Applied Materials, Inc. - Common Stock $26 281 050 0,20% 36 350 $13 856 983
APD Air Products and Chemicals, Inc. Common Stock $25 946 430 0,20% 88 500 $4 014 435 Hausse ×3
FIX Comfort Systems USA, Inc. Common Stock $25 765 350 0,20% 13 000 $7 838 480
CCK Crown Holdings, Inc. $24 600 400 0,19% 220 000 $2 545 400
BF-A (déposé en tant que BFA) Brown-Forman Corporation Class A $23 064 480 0,18% 843 000 $480 511
RNR RenaissanceRe Holdings Ltd. Common Stock $22 183 000 0,17% 70 000 $1 376 900
EPD Enterprise Products Partners L.P. Common Stock $20 916 440 0,16% 569 000 $13 272 760 Hausse ×1
PM Philip Morris International Inc Common Stock $20 714 195 0,16% 114 500 $1 782 764
ACN Accenture plc Class A Ordinary Shares (Ireland) $19 835 735 0,15% 159 400 $-11 771 690
CMCSA Comcast Corporation - Class A Common Stock $19 690 917 0,15% 802 074 $-7 924 657 Baisse ×1
HXL Hexcel Corporation Common Stock $18 911 340 0,14% 189 000 $3 615 570
NKE Nike, Inc. Common Stock $18 365 770 0,14% 447 400 $-5 265 898
COF Capital One Financial Corporation Common Stock $18 256 420 0,14% 91 000 $1 655 290
BK The Bank of New York Mellon Corporation Common Stock $18 003 945 0,14% 124 500 $3 234 510
CARR Carrier Global Corporation Common Stock $17 237 250 0,13% 235 000 $4 004 400
WFC Wells Fargo & Company Common Stock $16 895 748 0,13% 204 450 $619 483
SEIC SEI Investments Company - Common Stock $15 191 372 0,12% 173 200 $1 600 368
PAYX Paychex, Inc. - Common Stock $14 749 500 0,11% 150 000 $931 500
HSY The Hershey Company Common Stock $13 158 750 0,10% 75 000 $-2 433 000
PEP PepsiCo, Inc. - Common Stock $13 026 834 0,10% 96 210 $-1 913 617
BF-B (déposé en tant que BFB) Brown-Forman Corporation Class B $12 637 084 0,10% 474 187 $99 580

Participations à forte conviction

08

Positions augmentées pendant 3 trimestres consécutifs ou plus.

Les nombres d'actions sont tels que rapportés dans les dépôts 13F (non ajustés des divisions)

TitreValeur% du portefeuilleSérie
WSO $249 100 359 1,90% en hausse ×3
LOW $165 804 070 1,26% en hausse ×6
FNV $161 228 340 1,23% en hausse ×6
SCHW $128 698 196 0,98% en hausse ×3
LIN $111 883 464 0,85% en hausse ×6
NVR $82 421 700 0,63% en hausse ×3
ROL $63 299 755 0,48% en hausse ×5
TSN $52 297 875 0,40% en hausse ×5
UNP $43 799 616 0,33% en hausse ×5
FERG $42 766 866 0,33% en hausse ×6
MAR $36 873 706 0,28% en hausse ×6
TMO $36 649 416 0,28% en hausse ×6
HCA $32 893 460 0,25% en hausse ×6
CSX $27 781 285 0,21% en hausse ×4
APD $25 946 430 0,20% en hausse ×3

Plus gros nouveaux paris

09

Nouvelles positions ouvertes ce trimestre, par ordre décroissant.

TitreValeurActions% du portefeuille
ZTS $4 756 773 66 195 0,04%
NFLX $2 856 000 40 000 0,02%
UFPI $362 960 4 000 0,00%

Principaux mouvements (T/T)

10
TitreMouvementΔ ActionsΔ Valeur
GOOG Mouvement de prix uniquement +0 +$182.8M
CAT Mouvement de prix uniquement +0 +$117.1M
TXN Mouvement de prix uniquement +0 +$75.2M
ADI Réduit -24K +$71.5M
DE Mouvement de prix uniquement +0 +$62.4M
AMZN Mouvement de prix uniquement +0 +$61.1M
GS Mouvement de prix uniquement +0 +$59.4M
V A acheté plus +10K +$44.3M
AAPL Mouvement de prix uniquement +0 +$43.7M
GOOGL Mouvement de prix uniquement +0 +$39.9M

Positions clôturées

11

Inclut les événements d'entreprise (fusions, retraits de la cote) — toutes les sorties ne sont pas des ventes

Les positions clôturées reflètent les changements de déclaration 13F ; pour les gestionnaires d'indices, il s'agit souvent de décisions mécaniques (radiation, fusions et acquisitions, rééquilibrage d'indices), et non de décisions actives.

TitreTrimestreActions avantValeur avantPrix depuis la sortie
FDX 31 décembre 2025 213 000 $50 227 530 0,5%
MMM 30 septembre 2025 118 250 $18 002 380 4,3%
TGT 31 mars 2026 133 000 $13 000 750 28,7%
CHH 31 mars 2026 115 500 $11 002 530 -1,0%
SMG 30 juin 2026 168 000 $10 216 081 -28,0%
OI 30 septembre 2025 473 700 $6 982 338 -56,8%
UNH 30 juin 2026 18 700 $5 060 034 -10,5%
ADBE 31 décembre 2025 14 000 $4 938 500 -32,1%
CE 30 septembre 2025 81 300 $4 498 329 5,0%
GPK 30 septembre 2025 174 000 $3 666 180 -55,1%
CABO 30 juin 2025 11 900 $3 162 663 -91,0%
BALL 30 septembre 2025 51 000 $2 860 590 11,8%
WTW 30 septembre 2025 8 627 $2 644 177 -16,5%
IT 30 septembre 2025 5 700 $2 304 054 -29,7%
INTU 30 septembre 2025 2 720 $2 142 353 -58,8%
CSGP 30 septembre 2025 18 600 $1 495 440 -67,5%
EL 30 septembre 2025 15 000 $1 212 000 4,4%
BUD 30 septembre 2025 11 000 $755 920 23,2%
TRU 31 mars 2026 2 000 $171 500 -8,3%