Q4 2025 · 13F-HR
CORTLAND ASSOCIATES INC/MOholdings as filed
Filed 2026-01-28 · accession 0001140361-26-002617
$792.1M
Reported value
62
Positions
2025-12-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| G96629103 | WTW | WILLIS TOWERS WATSON | $61.4M | 7.75% | 186,861 | Common | NONE |
| 31946M103 | FCNCA | FIRST CTZNS BANCSHARES CL A | $58.9M | 7.43% | 27,439 | Common | NONE |
| 92826C839 | V | VISA INC | $58.7M | 7.41% | 167,418 | Common | NONE |
| 50155Q100 | KD | KYNDRYL HLDGS INC COMMON STOCK | $55.3M | 6.98% | 2,081,328 | Common | NONE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $54.0M | 6.82% | 10,087 | Common | NONE |
| 023135106 | AMZN | AMAZON.COM INC | $53.5M | 6.75% | 231,650 | Common | NONE |
| 783513203 | RYAAY | RYANAIR HOLDINGS PLC SPONSORED | $50.0M | 6.32% | 692,972 | Common | NONE |
| 02079K107 | GOOG | ALPHABET INC CLASS C | $48.9M | 6.17% | 155,766 | Common | NONE |
| 235851102 | DHR | DANAHER CORP | $38.9M | 4.91% | 169,868 | Common | NONE |
| 125523100 | CI | CIGNA GROUP | $34.2M | 4.32% | 124,428 | Common | NONE |
| 718172109 | PM | PHILIP MORRIS INTL INC | $32.4M | 4.09% | 201,894 | Common | NONE |
| 48251W104 | KKR | KKR & CO LP | $29.2M | 3.68% | 228,691 | Common | NONE |
| 02079K305 | GOOGL | ALPHABET INC CLASS A | $25.8M | 3.26% | 82,469 | Common | NONE |
| 115236101 | BRO | BROWN & BROWN INC COM | $23.1M | 2.91% | 289,445 | Common | NONE |
| 09581B103 | OWL | BLUE OWL CAPITAL INC COM CL A | $20.4M | 2.57% | 1,364,393 | Common | NONE |
| 514952100 | LB | LANDBRIDGE COMPANY LLC CL A | $20.0M | 2.53% | 408,280 | Common | NONE |
| 14040H105 | COF | CAPITAL ONE FINANCIAL | $16.3M | 2.05% | 67,050 | Common | NONE |
| 88032Q109 | TCEHY | TENCENT HLDGS LTD ADR | $15.6M | 1.97% | 203,574 | Common | NONE |
| 31846b108 | — | FIRST ADVANTAGE CORP | $13.6M | 1.72% | 935,704 | Common | NONE |
| 88262P102 | TPL | TEXAS PACIFIC LAND CORP | $12.4M | 1.56% | 43,157 | Common | NONE |
| 22160N109 | CSGP | COSTAR GROUP INC | $12.3M | 1.55% | 183,144 | Common | NONE |
| 084670108 | BRK/A | BERKSHIRE HATHAWAY INC (D | $9.8M | 1.24% | 13 | Common | NONE |
| 45866f104 | — | INTERCONTINENTAL EXCHANGE | $8.7M | 1.10% | 53,641 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $7.2M | 0.90% | 26,324 | Common | NONE |
| 47215P106 | JD | JD.COM INC | $4.5M | 0.56% | 155,104 | Common | NONE |
| 45168D104 | IDXX | IDEXX LABS INC | $3.7M | 0.47% | 5,510 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $3.0M | 0.38% | 6,227 | Common | NONE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY B NEW CLASS | $2.8M | 0.36% | 5,618 | Common | SOLE |
| 464287200 | IVV | S&P 500 INDEX | $1.8M | 0.23% | 2,679 | Common | NONE |
| 824348106 | SHW | SHERWIN-WILLIAMS | $1.3M | 0.16% | 3,900 | Common | SOLE |
| 149123101 | CAT | CATERPILLAR INC | $1.3M | 0.16% | 2,189 | Common | NONE |
| 464287622 | IWB | ISHARES TR RUSSELL 1000 RUSSEL | $1.1M | 0.14% | 3,038 | Common | NONE |
| 464287846 | IYY | ISHARES TR DJ TOTAL MKT US TOT | $1.1M | 0.14% | 6,502 | Common | NONE |
| 351858105 | FNV | FRANCO NEV CORP COM | $818,000 | 0.10% | 3,946 | Common | NONE |
| X1R05J122 | CTTOF | CTT CORREIOS DE PORTUG SHS | $741,000 | 0.09% | 84,925 | Common | NONE |
| 742718109 | PG | PROCTER & GAMBLE | $628,000 | 0.08% | 4,383 | Common | SOLE |
| 02209S103 | MO | ALTRIA GROUP INC COM | $615,000 | 0.08% | 10,663 | Common | SOLE |
| 464287655 | IWM | I SHARES RUSL 2000 | $528,000 | 0.07% | 2,143 | Common | NONE |
| 17275R102 | CSCO | CISCO SYSTEMS INC | $522,000 | 0.07% | 6,773 | Common | NONE |
| 58933y105 | — | MERCK & CO INC NEW | $482,000 | 0.06% | 4,580 | Common | SOLE |
| 706327103 | PBA | PEMBINA PIPELINE CORP F | $454,000 | 0.06% | 11,939 | Common | NONE |
| 11271J107 | BN | BROOKFIELD CORP | $406,000 | 0.05% | 8,851 | Common | NONE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $380,000 | 0.05% | 1,838 | Common | NONE |
| 763102100 | RPKIF | RICHARDS PACKAGING | $366,000 | 0.05% | 16,300 | Common | NONE |
| 464287465 | EFA | ISHARES TR MSCI EAFE FD MSCI E | $354,000 | 0.04% | 3,687 | Common | NONE |
| 78467Y107 | MDY | SPDR S&P MIDCAP 400 ETF | $350,000 | 0.04% | 580 | Common | NONE |
| 743315103 | PGR | PROGRESSIVE CORP OHIO | $340,000 | 0.04% | 1,494 | Common | NONE |
| 05577W200 | DOO | BRP INC COM SUN VTG | $329,000 | 0.04% | 4,656 | Common | NONE |
| 25434V401 | DFUS | DIMENSIONAL US EQUITY | $328,000 | 0.04% | 4,427 | Common | NONE |
| 609207105 | MDLZ | MONDELEZ INTL INC | $320,000 | 0.04% | 5,944 | Common | SOLE |
| 25434V724 | DFUV | DIMENSIONAL ETF TRUST US MKTWI | $320,000 | 0.04% | 6,870 | Common | NONE |
| 464288885 | EFG | ISHARES MSCI GWTH IDX FD | $298,000 | 0.04% | 2,614 | Common | NONE |
| 25434V609 | DFAT | DIMENSIONAL US TARGETED VALUE | $291,000 | 0.04% | 4,885 | Common | NONE |
| 244199105 | DE | DEERE & CO | $282,000 | 0.04% | 606 | Common | SOLE |
| 231021106 | CMI | CUMMINS INC | $267,000 | 0.03% | 523 | Common | SOLE |
| 00090Q103 | ADT | ADT INC DEL COM | $263,000 | 0.03% | 32,649 | Common | NONE |
| 907818108 | UNP | UNION PACIFIC CORP | $255,000 | 0.03% | 1,103 | Common | NONE |
| 437076102 | HD | HOME DEPOT INC | $244,000 | 0.03% | 709 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORP | $243,000 | 0.03% | 1,302 | Common | NONE |
| 931142103 | WMT | WALMART INC | $242,000 | 0.03% | 2,168 | Common | NONE |
| 464287101 | OEF | S&P 100 INDEX | $240,000 | 0.03% | 700 | Common | NONE |
| 713448108 | PEP | PEPSICO INCORPORATED | $235,000 | 0.03% | 1,640 | 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.