Q3 2025 · 13F-HR
Mawer Investment Management Ltd.holdings as filed
Filed 2025-11-04 · accession 0000945621-25-001010
$19.26B
Reported value
110
Positions
2025-09-30
Period end
The Brief · Mawer Investment Management Ltd. · Q3 2025
AI · grounded in 13F
Mawer Investment Management Ltd. established a new position in MSFT valued at $1.37B. The fund also initiated new stakes in GOOG for $1.02B and AMZN for $985M. Additional new positions include MRSH at $922M and AON at $891M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 594918104 | MSFT | MICROSOFT CORP | $1.37B | 7.12% | 2,648,023 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $1.02B | 5.32% | 4,203,836 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $985.0M | 5.11% | 4,485,987 | Common | SOLE |
| 571748102 | MRSH | MARSH & MCLENNAN COS INC | $921.5M | 4.79% | 4,572,623 | Common | SOLE |
| G0403H108 | AON | AON PLC | $890.8M | 4.63% | 2,498,089 | Common | SOLE |
| 92826C839 | V | VISA INC | $803.2M | 4.17% | 2,352,766 | Common | SOLE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $773.4M | 4.02% | 143,234 | Common | SOLE |
| 032095101 | APH | AMPHENOL CORP NEW | $731.4M | 3.80% | 5,910,383 | Common | SOLE |
| 666807102 | NOC | NORTHROP GRUMMAN CORP | $587.9M | 3.05% | 964,788 | Common | SOLE |
| 302941109 | FCN | FTI CONSULTING INC | $540.8M | 2.81% | 3,345,655 | Common | SOLE |
| 084670108 | BRK/A | BERKSHIRE HATHAWAY INC DEL | $536.2M | 2.78% | 711 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $504.4M | 2.62% | 686,774 | Common | SOLE |
| 941848103 | WAT | WATERS CORP | $465.0M | 2.41% | 1,551,010 | Common | SOLE |
| 45866F104 | ICE | INTERCONTINENTAL EXCHANGE IN | $416.5M | 2.16% | 2,472,366 | Common | SOLE |
| 12572Q105 | CME | CME GROUP INC | $406.0M | 2.11% | 1,502,752 | Common | SOLE |
| 12514G108 | CDW | CDW CORP | $375.9M | 1.95% | 2,360,301 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $370.4M | 1.92% | 1,174,239 | Common | SOLE |
| 038336103 | ATR | APTARGROUP INC | $368.8M | 1.91% | 2,759,026 | Common | SOLE |
| 58506Q109 | MEDP | MEDPACE HLDGS INC | $332.5M | 1.73% | 646,774 | Common | SOLE |
| 780259305 | SHEL | SHELL PLC | $321.9M | 1.67% | 4,500,736 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $291.3M | 1.51% | 512,182 | Common | SOLE |
| N00985106 | AER | AERCAP HOLDINGS NV | $253.3M | 1.32% | 2,093,694 | Common | SOLE |
| 244199105 | DE | DEERE & CO | $229.7M | 1.19% | 502,298 | Common | SOLE |
| 219948106 | CPAY | CORPAY INC | $213.8M | 1.11% | 742,334 | Common | SOLE |
| 671044105 | OSIS | OSI SYSTEMS INC | $213.4M | 1.11% | 856,383 | Common | SOLE |
| 31488V107 | FERG | FERGUSON ENTERPRISES INC | $204.7M | 1.06% | 911,377 | Common | SOLE |
| 03073E105 | COR | CENCORA INC | $203.4M | 1.06% | 650,671 | Common | SOLE |
| 363576109 | AJG | GALLAGHER ARTHUR J & CO | $200.2M | 1.04% | 646,298 | Common | SOLE |
| 075887109 | BDX | BECTON DICKINSON & CO | $199.5M | 1.04% | 1,066,006 | Common | SOLE |
| 88034P109 | TME | TENCENT MUSIC ENTMT GROUP | $195.6M | 1.02% | 8,382,139 | Common | SOLE |
| 92343V104 | VZ | VERIZON COMMUNICATIONS INC | $178.4M | 0.93% | 4,060,223 | Common | SOLE |
| 573284106 | MLM | MARTIN MARIETTA MATLS INC | $176.1M | 0.91% | 279,396 | Common | SOLE |
| 002824100 | ABT | ABBOTT LABS | $168.2M | 0.87% | 1,255,780 | Common | SOLE |
| 05605H100 | BWXT | BWX TECHNOLOGIES INC | $147.6M | 0.77% | 800,547 | Common | SOLE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $147.2M | 0.76% | 1,755,728 | Common | SOLE |
| 742718109 | PG | PROCTER AND GAMBLE CO | $146.0M | 0.76% | 950,490 | Common | SOLE |
| 73278L105 | POOL | POOL CORP | $131.6M | 0.68% | 424,570 | Common | SOLE |
| 45778Q107 | NSP | INSPERITY INC | $129.1M | 0.67% | 2,623,279 | Common | SOLE |
| 127190304 | CACI | CACI INTL INC | $125.9M | 0.65% | 252,506 | Common | SOLE |
| G1151C101 | ACN | ACCENTURE PLC IRELAND | $117.1M | 0.61% | 475,042 | Common | SOLE |
| 025537101 | AEP | AMERICAN ELEC PWR CO INC | $116.5M | 0.60% | 1,035,159 | Common | SOLE |
| 852066208 | SII | SPROTT INC | $105.6M | 0.55% | 1,269,829 | Common | SOLE |
| 40415F101 | HDB | HDFC BANK LTD | $101.4M | 0.53% | 2,968,430 | Common | SOLE |
| 068463108 | BBSI | BARRETT BUSINESS SVCS INC | $86.5M | 0.45% | 1,950,722 | Common | SOLE |
| 882508104 | TXN | TEXAS INSTRS INC | $84.3M | 0.44% | 458,826 | Common | SOLE |
| 654106103 | NKE | NIKE INC | $82.5M | 0.43% | 1,183,059 | Common | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC | $81.9M | 0.43% | 168,229 | Common | SOLE |
| 92047W101 | VVV | VALVOLINE INC | $81.2M | 0.42% | 2,260,543 | Common | SOLE |
| 29667J101 | ESQ | ESQUIRE FINL HLDGS INC | $79.3M | 0.41% | 776,773 | Common | SOLE |
| 235851102 | DHR | DANAHER CORPORATION | $78.2M | 0.41% | 394,186 | Common | SOLE |
| 842587107 | SO | SOUTHERN CO | $75.7M | 0.39% | 798,280 | Common | SOLE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $74.5M | 0.39% | 401,662 | Common | SOLE |
| 90353T100 | UBER | UBER TECHNOLOGIES INC | $74.1M | 0.38% | 756,430 | Common | SOLE |
| 000360206 | AAON | AAON INC | $73.8M | 0.38% | 789,309 | Common | SOLE |
| 92345Y106 | VRSK | VERISK ANALYTICS INC | $73.6M | 0.38% | 292,566 | Common | SOLE |
| 45073V108 | ITT | ITT INC | $72.0M | 0.37% | 402,919 | Common | SOLE |
| 824348106 | SHW | SHERWIN WILLIAMS CO | $69.2M | 0.36% | 199,990 | Common | SOLE |
| 64110W102 | NTES | NETEASE INC | $68.6M | 0.36% | 451,450 | Common | SOLE |
| 090572207 | BIO | BIO RAD LABS INC | $68.3M | 0.35% | 243,468 | Common | SOLE |
| 009066101 | ABNB | AIRBNB INC | $67.6M | 0.35% | 556,924 | Common | SOLE |
| 192422103 | CGNX | COGNEX CORP | $65.2M | 0.34% | 1,439,647 | Common | SOLE |
| 48581R205 | KSPI | KASPI KZ JSC | $64.2M | 0.33% | 785,974 | Common | SOLE |
| 036752103 | ELV | ELEVANCE HEALTH INC FORMERLY | $60.3M | 0.31% | 186,657 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $59.9M | 0.31% | 214,395 | Common | SOLE |
| 00287Y109 | ABBV | ABBVIE INC | $58.1M | 0.30% | 250,848 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $52.6M | 0.27% | 152,305 | Common | SOLE |
| 892672106 | TW | TRADEWEB MKTS INC | $52.0M | 0.27% | 468,596 | Common | SOLE |
| 98978V103 | ZTS | ZOETIS INC | $47.8M | 0.25% | 326,602 | Common | SOLE |
| 427866108 | HSY | HERSHEY CO | $45.8M | 0.24% | 244,995 | Common | SOLE |
| 25787G100 | DFIN | DONNELLEY FINL SOLUTIONS INC | $44.4M | 0.23% | 863,629 | Common | SOLE |
| 704326107 | PAYX | PAYCHEX INC | $42.9M | 0.22% | 338,331 | Common | SOLE |
| 031100100 | AME | AMETEK INC | $42.8M | 0.22% | 227,500 | Common | SOLE |
| 099724106 | BWA | BORGWARNER INC | $41.0M | 0.21% | 932,512 | Common | SOLE |
| 857477103 | STT | STATE STR CORP | $40.6M | 0.21% | 350,267 | Common | SOLE |
| 67000B104 | NOVT | NOVANTA INC | $39.2M | 0.20% | 391,148 | Common | SOLE |
| 042068205 | ARM | ARM HOLDINGS PLC | $38.2M | 0.20% | 269,784 | Common | SOLE |
| 579780206 | MKC | MCCORMICK & CO INC | $31.9M | 0.17% | 476,879 | Common | SOLE |
| 45841N107 | IBKR | INTERACTIVE BROKERS GROUP IN | $31.7M | 0.16% | 460,796 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $28.6M | 0.15% | 56,983 | Common | SOLE |
| 98850P109 | YUMC | YUM CHINA HLDGS INC | $27.3M | 0.14% | 636,728 | Common | SOLE |
| 78351F107 | RYAN | RYAN SPECIALTY HOLDINGS INC | $26.5M | 0.14% | 469,456 | Common | SOLE |
| 59100U108 | CASH | PATHWARD FINANCIAL INC | $25.6M | 0.13% | 346,061 | Common | SOLE |
| G8068L108 | SN | SHARKNINJA INC | $25.3M | 0.13% | 245,561 | Common | SOLE |
| 761152107 | RMD | RESMED INC | $21.2M | 0.11% | 77,536 | Common | SOLE |
| 29358P101 | ENSG | ENSIGN GROUP INC | $18.8M | 0.10% | 108,961 | Common | SOLE |
| 50212V100 | LPLA | LPL FINL HLDGS INC | $17.5M | 0.09% | 52,690 | Common | SOLE |
| 626755102 | MUSA | MURPHY USA INC | $15.2M | 0.08% | 39,217 | Common | SOLE |
| 74935Q107 | RBA | RB GLOBAL INC | $14.0M | 0.07% | 129,542 | Common | SOLE |
| 82452J109 | FOUR | SHIFT4 PMTS INC | $13.8M | 0.07% | 178,318 | Common | SOLE |
| 49714P108 | KNSL | KINSALE CAP GROUP INC | $13.6M | 0.07% | 31,890 | Common | SOLE |
| 142339100 | CSL | CARLISLE COS INC | $12.9M | 0.07% | 39,298 | Common | SOLE |
| 31946M103 | FCNCA | FIRST CTZNS BANCSHARES INC D | $11.5M | 0.06% | 6,433 | Common | SOLE |
| 00790R104 | WMS | ADVANCED DRAIN SYS INC DEL | $11.4M | 0.06% | 81,932 | Common | SOLE |
| 482480100 | KLAC | KLA CORP | $11.0M | 0.06% | 10,191 | Common | SOLE |
| G6683N103 | NU | NU HLDGS LTD | $10.8M | 0.06% | 676,400 | Common | SOLE |
| 934550203 | WMG | WARNER MUSIC GROUP CORP | $10.7M | 0.06% | 314,052 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $10.6M | 0.06% | 56,890 | Common | SOLE |
| G17977110 | BUR | BURFORD CAP LTD | $8.1M | 0.04% | 678,384 | Common | SOLE |
| 67103H107 | ORLY | OREILLY AUTOMOTIVE INC | $8.0M | 0.04% | 74,025 | Common | SOLE |
| 298736109 | EEFT | EURONET WORLDWIDE INC | $7.0M | 0.04% | 79,961 | Common | SOLE |
| 124805102 | CBZ | CBIZ INC | $6.8M | 0.04% | 127,954 | Common | SOLE |
| 92343E102 | VRSN | VERISIGN INC | $6.4M | 0.03% | 22,776 | Common | SOLE |
| 464288257 | ACWI | ISHARES TR | $5.6M | 0.03% | 40,825 | Common | SOLE |
| 35969L108 | YMM | FULL TRUCK ALLIANCE CO LTD | $5.6M | 0.03% | 431,100 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $5.4M | 0.03% | 22,174 | Common | SOLE |
| 722304102 | PDD | PDD HOLDINGS INC | $4.5M | 0.02% | 34,400 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $992,802 | 0.01% | 3,899 | Common | SOLE |
| 68389X105 | ORCL | ORACLE CORP | $239,054 | 0.00% | 850 | Common | SOLE |
| 532457108 | LLY | ELI LILLY & CO | $228,900 | 0.00% | 300 | Common | SOLE |
| 780087102 | RY | ROYAL BK CDA | $220,243 | 0.00% | 1,495 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.