Select Equity Group, L.P.

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, Select Equity Group, L.P. maintained a portfolio of 208 distinct positions. The most significant new addition to the portfolio was INVESCO QQQ TR, which now represents 4.55% of the total fund value. The fund also reduced its exposure to QUANTA SVCS INC by 59.2%.
PCA Score Concentration Risk
Risk ENB
Total Positions
208
Quarter
2025 Q4
Top Holding
QQQ (4.6%)
Top 10 Concentration
36.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 208
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
QQQ
INVESCO QQQ TR
PUT
PUT Option 4.55% #1
Prev: #—
7.3 1,720,000 no change
NEW
1,720,000 $1,056,613,200 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
VIK
VIKING HOLDINGS...
Consumer Cyclical 4.28% 3.92% #2 1
Prev: #3
3.7 -1,412,194 -9.2%
P
S
13,906,877 $993,090,087 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SGI
SOMNIGROUP INTE...
Consumer Cyclical 4.01% 4.07% #3 1
Prev: #2
3.1 -1,282,997 -11.0%
P
S
10,429,043 $931,104,959 2013 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MKL
MARKEL GROUP IN...
Financial Services 3.96% 3.01% #4 2
Prev: #6
4.1 45,150 11.8%
P
S
427,882 $919,796,541 2013 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CRH
CRH PLC
Basic Materials 3.65% 4.26% #5 4
Prev: #1
2.0 -1,840,618 -21.4%
P
S
6,779,428 $846,072,614 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LYV
LIVE NATION ENT...
Communication Services 3.43% 3.75% #6 2
Prev: #4
1.9 14,854 0.3%
P
S
5,586,172 $796,029,510 2018 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
WAB
WABTEC
Industrials 3.28% 3.05% #7 2
Prev: #5
1.8 -129,206 -3.5%
P
S
3,559,419 $759,757,986 2014 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
BRO
BROWN & BROWN I...
Financial Services 3.24% 2.35% #8 5
Prev: #13
4.3 3,358,403 55.3%
P
S
9,434,802 $751,953,719 2014 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MLM
MARTIN MARIETTA...
Basic Materials 2.87% 2.69% #9 1
Prev: #10
1.6 30,967 3.0%
P
S
1,067,530 $664,708,230 2016 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
PAYX
PAYCHEX INC
Technology 2.76% 2.28% #10 5
Prev: #15
3.6 1,358,596 31.2%
P
S
5,716,237 $641,247,467 2013 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ITT
ITT INC
Industrials 2.71% 2.90% #11 4
Prev: #7
1.6 -315,718 -8.0%
P
S
3,625,271 $629,020,771 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TSCO
TRACTOR SUPPLY ...
Consumer Cyclical 2.70% 2.84% #12 4
Prev: #8
1.6 409,823 3.4%
P
S
12,544,591 $627,354,996 2016 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
TRMB
TRIMBLE INC
Technology 2.46% 2.57% #13 2
Prev: #11
1.5 -346,468 -4.5%
P
S
7,298,271 $571,819,533 2014 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LH
LABCORP HOLDING...
Healthcare 2.28% 2.17% #14 3
Prev: #17
2.9 273,744 14.9%
P
S
2,110,779 $529,552,236 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SCI
SERVICE CORP IN...
Consumer Cyclical 2.16% 2.27% #15 1
Prev: #16
1.4 -182,814 -2.8%
P
S
6,426,585 $501,080,832 2017 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ALC
ALCON AG
Healthcare 2.14% 2.06% #16 3
Prev: #19
1.4 -509,378 -7.6%
P
S
6,218,304 $496,679,429 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
STE
STERIS PLC
Healthcare 2.11% 2.02% #17 3
Prev: #20
1.3 -48,751 -2.5%
P
S
1,928,033 $488,794,926 2019 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MIDD
MIDDLEBY CORP
Industrials 1.94% 2.30% #18 4
Prev: #14
0.8 -1,168,110 -27.8%
P
S
3,028,289 $450,215,726 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CNM
CORE & MAIN INC
Industrials 1.74% 2.15% #19 1
Prev: #18
1.2 -1,913,020 -19.7%
P
S
7,778,376 $404,242,201 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
NDAQ
NASDAQ INC
Financial Services 1.57% 1.08% #20 10
Prev: #30
3.1 782,105 26.3%
P
S
3,752,757 $364,505,287 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CPAY
CORPAY INC
Technology 1.46% 1.37% #21 4
Prev: #25
1.1 -35,609 -3.1%
P
S
1,121,925 $337,620,890 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MORN
MORNINGSTAR INC
Financial Services 1.43% 2.01% #22 1
Prev: #21
0.6 -581,210 -27.6%
P
S
1,522,492 $330,852,737 2019 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CP
CANADIAN PACIFI...
Industrials 1.41% 1.22% #23 5
Prev: #28
2.6 480,291 12.1%
P
S
4,444,219 $327,622,345 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CDW
CDW CORP
Technology 1.34% 2.73% #24 15
Prev: #9
0.5 -1,878,134 -45.2%
P
S
2,277,495 $310,194,819 2018 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
TSM
TAIWAN SEMICOND...
Technology 1.33% 2.55% #25 13
Prev: #12
0.5 -1,204,426 -54.3%
P
S
1,013,739 $308,065,145 2019 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
JLL
JONES LANG LASA...
Real Estate 1.32% 1.40% #26 2
Prev: #24
0.5 -230,343 -20.2%
P
S
911,723 $306,767,438 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SIG
SIGNET JEWELERS...
Consumer Cyclical 1.27% 1.52% #27 4
Prev: #23
1.0 -288,884 -7.5%
P
S
3,556,612 $294,772,003 2013 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
EME
EMCOR GROUP INC
Industrials 1.22% 1.97% #28 6
Prev: #22
0.5 -273,264 -37.1%
P
S
462,505 $282,955,934 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
V
VISA INC
Financial Services 1.13% 0.73% #29 12
Prev: #41
3.0 226,441 43.6%
P
S
745,424 $261,427,651 2013 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BJ
BJS WHSL CLUB H...
Consumer Defensive 1.04% 1.12% #30 1
Prev: #29
0.9 -236,036 -8.1%
P
S
2,692,084 $242,368,323 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CAE
CAE INC
Industrials 1.00% 0.85% #31 5
Prev: #36
2.4 655,134 9.5%
P
S
7,586,679 $231,018,042 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
FTV
FORTIVE CORP
Technology 0.92% 0.54% #32 14
Prev: #46
2.9 1,206,102 45.4%
P
S
3,862,464 $213,246,637 2016 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CLH
CLEAN HARBORS I...
Industrials 0.86% 0.74% #33 7
Prev: #40
2.3 76,119 9.8%
P
S
849,499 $199,190,526 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
TMO
THERMO FISHER S...
Healthcare 0.79% 0.32% #34 31
Prev: #65
3.3 153,553 95.1%
P
S
315,032 $182,545,292 2013 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CHRW
C H ROBINSON WO...
Industrials 0.78% #35
Prev: #—
3.8 1,127,837 no change
NEW
1,127,837 $181,311,076 2013 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TECH
BIO-TECHNE CORP
Healthcare 0.72% 0.52% #36 12
Prev: #48
2.8 585,549 26.0%
P
S
2,837,142 $166,852,321 2014 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
WDAY
WORKDAY INC
Technology 0.67% 0.72% #37 5
Prev: #42
0.8 -589 -0.1%
P
S
727,709 $156,297,339 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GOOG
ALPHABET INC
Communication Services 0.65% 0.66% #38 5
Prev: #43
0.3 -182,043 -27.6%
P
S
476,878 $149,644,316 2013 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
INTU
INTUIT
Technology 0.59% 0.42% #39 18
Prev: #57
2.7 58,215 38.9%
P
S
207,997 $137,781,373 2013 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NVDA
NVIDIA CORPORAT...
Technology 0.56% 0.82% #40 3
Prev: #37
0.2 -372,071 -34.7%
P
S
700,870 $130,712,255 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
AMZN
AMAZON COM INC
Consumer Cyclical 0.56% 0.41% #41 17
Prev: #58
2.7 116,976 26.1%
P
S
565,297 $130,481,854 2016 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
PWR
QUANTA SVCS INC
Industrials 0.55% 1.27% #42 15
Prev: #27
0.2 -440,825 -59.2%
P
S
304,355 $128,456,071 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
FBIN
FORTUNE BRANDS ...
Industrials 0.51% 0.96% #43 11
Prev: #32
0.2 -2,010,434 -46.1%
P
S
2,347,419 $117,417,898 2022 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
HOOD
ROBINHOOD MKTS ...
PUT
PUT Option 0.50% #44
Prev: #—
3.7 1,032,000 no change
NEW
1,032,000 $116,719,200 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GRMN
GARMIN LTD
Technology 0.47% 0.47% #45 6
Prev: #51
2.2 65,812 14.1%
P
S
534,056 $108,333,260 2013 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
APO
APOLLO GLOBAL M...
Financial Services 0.45% 0.38% #46 14
Prev: #60
0.7 30,199 4.3%
P
S
727,557 $105,321,151 2019 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
DKS
DICKS SPORTING ...
Consumer Cyclical 0.45% 0.27% #47 24
Prev: #71
3.2 240,021 82.8%
P
S
529,756 $104,875,795 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ENTG
ENTEGRIS INC
Technology 0.45% 0.53% #48 1
Prev: #47
0.7 -150,233 -10.8%
P
S
1,242,342 $104,667,314 2020 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
MSFT
MICROSOFT CORP
Technology 0.44% 0.51% #49
Prev: #49
0.7 -26,799 -11.2%
P
S
212,372 $102,707,347 2018 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CR
CRANE COMPANY
Industrials 0.44% 0.43% #50 6
Prev: #56
0.7 -21,550 -3.8%
P
S
551,194 $101,656,709 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-50 of 208 holdings

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