Q4 2025 · 13F-HR
Select Equity Group, L.P.holdings as filed
Filed 2026-02-17 · accession 0001592643-26-000004
$23.20B
Reported value
182
Positions
2025-12-31
Period end
The Brief · Select Equity Group, L.P. · Q4 2025
AI · grounded in 13F
Select Equity Group, L.P. established a new position in QQQ valued at $1.06B. The fund also initiated new stakes in CHRW for $181.3M, NKE for $116.9M, and HOOD for $116.7M. On the sell side, the fund trimmed its holdings in NEM by 73.4% and SHOP by 72.9%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 46090E103 | QQQ | INVESCO QQQ TR | $1.06B | 4.55% | 1,720,000 | PUT | SOLE |
| G93A5A101 | VIK | VIKING HOLDINGS LTD | $993.1M | 4.28% | 13,906,877 | Common | SOLE |
| 88023U101 | SGI | SOMNIGROUP INTERNATIONAL INC | $931.1M | 4.01% | 10,429,043 | Common | SOLE |
| 570535104 | MKL | MARKEL GROUP INC | $919.8M | 3.96% | 427,882 | Common | SOLE |
| G25508105 | CRH | CRH PLC | $846.1M | 3.65% | 6,779,428 | Common | SOLE |
| 538034109 | LYV | LIVE NATION ENTERTAINMENT IN | $796.0M | 3.43% | 5,586,172 | Common | SOLE |
| 929740108 | WAB | WABTEC | $759.8M | 3.28% | 3,559,419 | Common | SOLE |
| 115236101 | BRO | BROWN & BROWN INC | $752.0M | 3.24% | 9,434,802 | Common | SOLE |
| 573284106 | MLM | MARTIN MARIETTA MATLS INC | $664.7M | 2.87% | 1,067,530 | Common | SOLE |
| 704326107 | PAYX | PAYCHEX INC | $641.2M | 2.76% | 5,716,237 | Common | SOLE |
| 45073V108 | ITT | ITT INC | $629.0M | 2.71% | 3,625,271 | Common | SOLE |
| 892356106 | TSCO | TRACTOR SUPPLY CO | $627.4M | 2.70% | 12,544,591 | Common | SOLE |
| 896239100 | TRMB | TRIMBLE INC | $571.8M | 2.46% | 7,298,271 | Common | SOLE |
| 504922105 | LH | LABCORP HOLDINGS INC | $529.6M | 2.28% | 2,110,779 | Common | SOLE |
| 817565104 | SCI | SERVICE CORP INTL | $501.1M | 2.16% | 6,426,585 | Common | SOLE |
| H01301128 | ALC | ALCON AG | $496.7M | 2.14% | 6,218,304 | Common | SOLE |
| G8473T100 | STE | STERIS PLC | $488.8M | 2.11% | 1,928,033 | Common | SOLE |
| 596278101 | MIDD | MIDDLEBY CORP | $450.2M | 1.94% | 3,028,289 | Common | SOLE |
| 21874C102 | CNM | CORE & MAIN INC | $404.2M | 1.74% | 7,778,376 | Common | SOLE |
| 631103108 | NDAQ | NASDAQ INC | $364.5M | 1.57% | 3,752,757 | Common | SOLE |
| 219948106 | CPAY | CORPAY INC | $337.6M | 1.46% | 1,121,925 | Common | SOLE |
| 617700109 | MORN | MORNINGSTAR INC | $330.9M | 1.43% | 1,522,492 | Common | SOLE |
| 13646K108 | CP | CANADIAN PACIFIC KANSAS CITY | $327.6M | 1.41% | 4,444,219 | Common | SOLE |
| 12514G108 | CDW | CDW CORP | $310.2M | 1.34% | 2,277,495 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $308.1M | 1.33% | 1,013,739 | Common | SOLE |
| 48020Q107 | JLL | JONES LANG LASALLE INC | $306.8M | 1.32% | 911,723 | Common | SOLE |
| G81276100 | SIG | SIGNET JEWELERS LIMITED | $294.8M | 1.27% | 3,556,612 | Common | SOLE |
| 29084Q100 | EME | EMCOR GROUP INC | $283.0M | 1.22% | 462,505 | Common | SOLE |
| 92826C839 | V | VISA INC | $261.4M | 1.13% | 745,424 | Common | SOLE |
| 05550J101 | BJ | BJS WHSL CLUB HLDGS INC | $242.4M | 1.04% | 2,692,084 | Common | SOLE |
| 124765108 | CAE | CAE INC | $231.0M | 1.00% | 7,586,679 | Common | SOLE |
| 34959J108 | FTV | FORTIVE CORP | $213.2M | 0.92% | 3,862,464 | Common | SOLE |
| 184496107 | CLH | CLEAN HARBORS INC | $199.2M | 0.86% | 849,499 | Common | SOLE |
| 883556102 | TMO | THERMO FISHER SCIENTIFIC INC | $182.5M | 0.79% | 315,032 | Common | SOLE |
| 12541W209 | CHRW | C H ROBINSON WORLDWIDE INC | $181.3M | 0.78% | 1,127,837 | Common | SOLE |
| 09073M104 | TECH | BIO-TECHNE CORP | $166.9M | 0.72% | 2,837,142 | Common | SOLE |
| 98138H101 | WDAY | WORKDAY INC | $156.3M | 0.67% | 727,709 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $149.6M | 0.65% | 476,878 | Common | SOLE |
| 461202103 | INTU | INTUIT | $137.8M | 0.59% | 207,997 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $130.7M | 0.56% | 700,870 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $130.5M | 0.56% | 565,297 | Common | SOLE |
| 74762E102 | QURE | QUANTA SVCS INC | $128.5M | 0.55% | 304,355 | Common | SOLE |
| 34964C106 | FBIN | FORTUNE BRANDS INNOVATIONS I | $117.4M | 0.51% | 2,347,419 | Common | SOLE |
| 770700102 | HOOD | ROBINHOOD MKTS INC | $116.7M | 0.50% | 1,032,000 | PUT | SOLE |
| H2906T109 | GRMN | GARMIN LTD | $108.3M | 0.47% | 534,056 | Common | SOLE |
| 03769M106 | APO | APOLLO GLOBAL MGMT INC | $105.3M | 0.45% | 727,557 | Common | SOLE |
| 253393102 | DKS | DICKS SPORTING GOODS INC | $104.9M | 0.45% | 529,756 | Common | SOLE |
| 29362U104 | ENTG | ENTEGRIS INC | $104.7M | 0.45% | 1,242,342 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $102.7M | 0.44% | 212,372 | Common | SOLE |
| 224408104 | CR | CRANE COMPANY | $101.7M | 0.44% | 551,194 | Common | SOLE |
| 879360105 | TDY | TELEDYNE TECHNOLOGIES INC | $101.2M | 0.44% | 198,189 | Common | SOLE |
| 695156109 | PKG | PACKAGING CORP AMER | $100.5M | 0.43% | 487,098 | Common | SOLE |
| 69370C100 | PTC | PTC INC | $99.1M | 0.43% | 568,572 | Common | SOLE |
| 79466L302 | CRM | SALESFORCE INC | $98.2M | 0.42% | 370,825 | Common | SOLE |
| 00724F101 | ADBE | ADOBE INC | $97.7M | 0.42% | 279,098 | Common | SOLE |
| L8681T102 | SPOT | SPOTIFY TECHNOLOGY S A | $97.2M | 0.42% | 167,366 | Common | SOLE |
| 82509L107 | SHOP | SHOPIFY INC | $96.4M | 0.42% | 598,647 | Common | SOLE |
| 032095101 | APH | AMPHENOL CORP NEW | $89.9M | 0.39% | 665,251 | Common | SOLE |
| 775711104 | ROL | ROLLINS INC | $89.7M | 0.39% | 1,494,681 | Common | SOLE |
| 45168D104 | IDXX | IDEXX LABS INC | $88.9M | 0.38% | 131,386 | Common | SOLE |
| H5919C104 | ONON | ON HLDG AG | $87.1M | 0.38% | 1,873,818 | Common | SOLE |
| 04621X108 | AIZ | ASSURANT INC | $84.0M | 0.36% | 348,607 | Common | SOLE |
| 654106103 | NKE | NIKE INC | $78.8M | 0.34% | 1,236,317 | Common | SOLE |
| 235851102 | DHR | DANAHER CORPORATION | $78.5M | 0.34% | 342,933 | Common | SOLE |
| 05605H100 | BWXT | BWX TECHNOLOGIES INC | $74.3M | 0.32% | 430,113 | Common | SOLE |
| 790148100 | JOE | ST JOE CO | $70.1M | 0.30% | 1,181,452 | Common | SOLE |
| 82846H405 | QXO | QXO INC | $66.8M | 0.29% | 3,462,708 | Common | SOLE |
| 00187Y100 | APG | API GROUP CORP | $66.1M | 0.28% | 1,727,924 | Common | SOLE |
| 651639106 | NEM | NEWMONT CORP | $58.6M | 0.25% | 586,600 | CALL | SOLE |
| 21873S108 | CRWV | COREWEAVE INC | $49.2M | 0.21% | 687,000 | PUT | SOLE |
| H5919C104 | ONON | ON HLDG AG | $48.9M | 0.21% | 1,051,700 | CALL | SOLE |
| 30303M102 | META | META PLATFORMS INC | $46.9M | 0.20% | 71,111 | Common | SOLE |
| 02156V109 | OKLO | OKLO INC | $46.0M | 0.20% | 640,600 | PUT | SOLE |
| 11271J107 | BN | BROOKFIELD CORP | $45.8M | 0.20% | 996,111 | Common | SOLE |
| 512816109 | LAMR | LAMAR ADVERTISING CO NEW | $44.9M | 0.19% | 354,586 | Common | SOLE |
| 911922102 | USLM | UNITED STS LIME & MINERALS I | $44.0M | 0.19% | 367,305 | Common | SOLE |
| 79466L302 | CRM | SALESFORCE INC | $42.4M | 0.18% | 159,900 | CALL | SOLE |
| 969904101 | WSM | WILLIAMS SONOMA INC | $41.5M | 0.18% | 232,307 | Common | SOLE |
| 907818108 | UNP | UNION PAC CORP | $41.5M | 0.18% | 179,275 | Common | SOLE |
| G9618E107 | WTM | WHITE MTNS INS GROUP LTD | $41.0M | 0.18% | 19,713 | Common | SOLE |
| 464288240 | ACWX | ISHARES TR | $40.3M | 0.17% | 600,269 | Common | SOLE |
| 78463X889 | SPDW | SPDR INDEX SHS FDS | $40.3M | 0.17% | 907,211 | Common | SOLE |
| 921909768 | VXUS | VANGUARD STAR FDS | $40.2M | 0.17% | 533,471 | Common | SOLE |
| 922042775 | VEU | VANGUARD INTL EQUITY INDEX F | $40.2M | 0.17% | 546,590 | Common | SOLE |
| 46432F834 | IXUS | ISHARES TR | $40.2M | 0.17% | 474,760 | Common | SOLE |
| 147528103 | CASY | CASEYS GEN STORES INC | $39.7M | 0.17% | 71,749 | Common | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC | $39.2M | 0.17% | 74,946 | Common | SOLE |
| 690742101 | OC | OWENS CORNING NEW | $39.0M | 0.17% | 348,400 | CALL | SOLE |
| 093712107 | BE | BLOOM ENERGY CORP | $38.4M | 0.17% | 441,600 | PUT | SOLE |
| 654106103 | NKE | NIKE INC | $38.1M | 0.16% | 598,000 | CALL | SOLE |
| 147448104 | CWST | CASELLA WASTE SYS INC | $36.7M | 0.16% | 374,229 | Common | SOLE |
| 651639106 | NEM | NEWMONT CORP | $35.4M | 0.15% | 354,102 | Common | SOLE |
| 141788109 | CARG | CARGURUS INC | $35.3M | 0.15% | 919,189 | Common | SOLE |
| 592688105 | MTD | METTLER TOLEDO INTERNATIONAL | $34.4M | 0.15% | 24,664 | Common | SOLE |
| 249906108 | DSGX | DESCARTES SYS GROUP INC | $33.6M | 0.14% | 382,354 | Common | SOLE |
| P73684113 | OSW | ONESPAWORLD HOLDINGS LIMITED | $33.2M | 0.14% | 1,600,177 | Common | SOLE |
| 126402106 | CSW | CSW INDUSTRIALS INC | $31.8M | 0.14% | 108,194 | Common | SOLE |
| 731068102 | PII | POLARIS INC | $31.6M | 0.14% | 500,028 | Common | SOLE |
| G63755105 | NIQ | NIQ GLOBAL INTELLIGENCE PLC | $31.4M | 0.14% | 1,903,982 | Common | SOLE |
| 579780206 | MKC | MCCORMICK & CO INC | $31.3M | 0.14% | 460,106 | Common | SOLE |
| 163086101 | CHEF | CHEFS WHSE INC | $31.3M | 0.13% | 502,188 | Common | SOLE |
| 84472E102 | SSB | SOUTHSTATE BK CORP | $30.4M | 0.13% | 323,140 | Common | SOLE |
| 407497106 | HLNE | HAMILTON LANE INC | $29.5M | 0.13% | 219,322 | Common | SOLE |
| 12763L105 | CDRE | CADRE HLDGS INC | $29.4M | 0.13% | 719,024 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $28.5M | 0.12% | 82,374 | Common | SOLE |
| 461202103 | INTU | INTUIT | $28.1M | 0.12% | 42,400 | CALL | SOLE |
| 81762P102 | NOW | SERVICENOW INC | $26.2M | 0.11% | 171,131 | Common | SOLE |
| 615369105 | MCO | MOODYS CORP | $26.2M | 0.11% | 51,267 | Common | SOLE |
| 18915M107 | NET | CLOUDFLARE INC | $25.8M | 0.11% | 130,773 | Common | SOLE |
| 829073105 | SSD | SIMPSON MFG INC | $25.8M | 0.11% | 159,549 | Common | SOLE |
| 596278101 | MIDD | MIDDLEBY CORP | $25.5M | 0.11% | 171,400 | CALL | SOLE |
| 34964C106 | FBIN | FORTUNE BRANDS INNOVATIONS I | $25.4M | 0.11% | 508,600 | CALL | SOLE |
| 172062101 | CINF | CINCINNATI FINL CORP | $24.8M | 0.11% | 151,908 | Common | SOLE |
| 46432F842 | IEFA | ISHARES TR | $24.2M | 0.10% | 270,412 | Common | SOLE |
| 346375108 | FORM | FORMFACTOR INC | $23.8M | 0.10% | 426,819 | Common | SOLE |
| 55354G100 | MSCI | MSCI INC | $23.3M | 0.10% | 40,591 | Common | SOLE |
| 48282T104 | KAI | KADANT INC | $21.7M | 0.09% | 76,175 | Common | SOLE |
| 946784105 | WAY | WAYSTAR HLDG CORP | $20.8M | 0.09% | 634,610 | Common | SOLE |
| 01644J108 | ALKT | ALKAMI TECHNOLOGY INC | $20.6M | 0.09% | 892,343 | Common | SOLE |
| 98983L108 | ZWS | ZURN ELKAY WATER SOLNS CORP | $18.8M | 0.08% | 404,805 | Common | SOLE |
| 056525108 | BMI | BADGER METER INC | $18.8M | 0.08% | 107,870 | Common | SOLE |
| 497266106 | KEX | KIRBY CORP | $18.0M | 0.08% | 163,731 | Common | SOLE |
| 60471A101 | MIR | MIRION TECHNOLOGIES INC | $18.0M | 0.08% | 769,033 | Common | SOLE |
| 011642105 | ALRM | ALARM COM HLDGS INC | $17.6M | 0.08% | 344,031 | Common | SOLE |
| 353514102 | FELE | FRANKLIN ELEC INC | $17.3M | 0.07% | 180,821 | Common | SOLE |
| 53635B107 | LQDT | LIQUIDITY SVCS INC | $17.2M | 0.07% | 567,434 | Common | SOLE |
| 099406100 | BOOT | BOOT BARN HLDGS INC | $16.8M | 0.07% | 94,981 | Common | SOLE |
| 92511U102 | VRRM | VERRA MOBILITY CORP | $16.3M | 0.07% | 729,528 | Common | SOLE |
| 59064R109 | MLAB | MESA LABS INC | $16.2M | 0.07% | 206,435 | Common | SOLE |
| 09239B109 | BL | BLACKLINE INC | $15.2M | 0.07% | 274,540 | Common | SOLE |
| H2927K103 | AMRZ | AMRIZE LTD | $15.0M | 0.06% | 273,393 | Common | SOLE |
| 46269C102 | IRDM | IRIDIUM COMMUNICATIONS INC | $14.5M | 0.06% | 835,881 | Common | SOLE |
| 594972408 | MSTR | STRATEGY INC | $13.7M | 0.06% | 90,100 | PUT | SOLE |
| 15687V109 | CERT | CERTARA INC | $13.1M | 0.06% | 1,491,161 | Common | SOLE |
| 039653100 | ACA | ARCOSA INC | $12.6M | 0.05% | 118,082 | Common | SOLE |
| 53947R105 | LOAR | LOAR HOLDINGS INC | $12.4M | 0.05% | 182,530 | Common | SOLE |
| 12008R107 | BLDR | BUILDERS FIRSTSOURCE INC | $12.4M | 0.05% | 120,100 | CALL | SOLE |
| 974250102 | WINA | WINMARK CORP | $12.3M | 0.05% | 30,355 | Common | SOLE |
| 369604301 | GE | GE AEROSPACE | $12.1M | 0.05% | 39,205 | Common | SOLE |
| 778296103 | ROST | ROSS STORES INC | $11.7M | 0.05% | 64,807 | Common | SOLE |
| 300426103 | ECG | EVERUS CONSTR GROUP | $11.5M | 0.05% | 133,897 | Common | SOLE |
| M2197Q107 | CLBT | CELLEBRITE DI LTD | $11.2M | 0.05% | 620,142 | Common | SOLE |
| 69007J304 | OUT | OUTFRONT MEDIA INC | $10.9M | 0.05% | 452,806 | Common | SOLE |
| 55405W104 | MYRG | MYR GROUP INC DEL | $10.7M | 0.05% | 48,919 | Common | SOLE |
| 29270J100 | ERII | ENERGY RECOVERY INC | $10.4M | 0.04% | 773,577 | Common | SOLE |
| 01862Q107 | ALH | ALLIANCE LAUNDRY HLDGS INC | $9.8M | 0.04% | 481,916 | Common | SOLE |
| 29362U104 | ENTG | ENTEGRIS INC | $9.6M | 0.04% | 114,500 | CALL | SOLE |
| 351858105 | FNV | FRANCO NEV CORP | $8.8M | 0.04% | 42,377 | Common | SOLE |
| 922908629 | VO | VANGUARD INDEX FDS | $8.6M | 0.04% | 29,726 | Common | SOLE |
| 38267D109 | GSHD | GOOSEHEAD INS INC | $8.3M | 0.04% | 112,809 | Common | SOLE |
| 00676P107 | ADEA | ADEIA INC | $8.2M | 0.04% | 475,156 | Common | SOLE |
| N53745100 | LYB | LYONDELLBASELL INDUSTRIES N | $8.1M | 0.04% | 187,677 | Common | SOLE |
| 447011107 | HUN | HUNTSMAN CORP | $7.7M | 0.03% | 772,685 | Common | SOLE |
| 70614W100 | PTON | PELOTON INTERACTIVE INC | $7.7M | 0.03% | 1,250,631 | Common | SOLE |
| 260557103 | DOW | DOW INC | $7.6M | 0.03% | 324,082 | Common | SOLE |
| 58507V107 | MDLN | MEDLINE INC | $7.1M | 0.03% | 170,000 | Common | SOLE |
| 025072760 | MID | AMERICAN CENTY ETF TR | $6.3M | 0.03% | 96,535 | Common | SOLE |
| 458140100 | INTC | INTEL CORP | $6.2M | 0.03% | 167,817 | Common | SOLE |
| 78463M107 | SPSC | SPS COMM INC | $6.0M | 0.03% | 66,972 | Common | SOLE |
| 296315104 | ESE | ESCO TECHNOLOGIES INC | $5.8M | 0.02% | 29,629 | Common | SOLE |
| 589378108 | MRCY | MERCURY SYS INC | $5.7M | 0.02% | 77,821 | Common | SOLE |
| 960413102 | WLK | WESTLAKE CORPORATION | $5.5M | 0.02% | 74,997 | Common | SOLE |
| 19247G107 | COHR | COHERENT CORP | $5.5M | 0.02% | 29,590 | Common | SOLE |
| 73642K106 | PTLO | PORTILLOS INC | $5.2M | 0.02% | 1,139,916 | Common | SOLE |
| 918204108 | VFC | V F CORP | $5.0M | 0.02% | 277,400 | CALL | SOLE |
| 485924104 | KRMN | KARMAN HLDGS INC | $4.8M | 0.02% | 65,096 | Common | SOLE |
| 90353T100 | UBER | UBER TECHNOLOGIES INC | $4.2M | 0.02% | 51,729 | Common | SOLE |
| 690742101 | OC | OWENS CORNING NEW | $4.2M | 0.02% | 37,357 | Common | SOLE |
| G39387108 | GFS | GLOBALFOUNDRIES INC | $4.2M | 0.02% | 119,027 | Common | SOLE |
| 64073B103 | NP | NEPTUNE INS HLDGS INC | $4.1M | 0.02% | 140,961 | Common | SOLE |
| 05589G102 | BWIN | THE BALDWIN INSURANCE GRP IN | $3.7M | 0.02% | 153,228 | Common | SOLE |
| 532457108 | LLY | ELI LILLY & CO | $3.5M | 0.02% | 3,300 | PUT | SOLE |
| 171779309 | CIEN | CIENA CORP | $3.5M | 0.02% | 15,098 | Common | SOLE |
| 05577W200 | DOO | BRP INC | $3.4M | 0.01% | 48,397 | Common | SOLE |
| 18482P103 | CLFD | CLEARFIELD INC | $3.1M | 0.01% | 106,407 | Common | SOLE |
| 71385M107 | PRM | PERIMETER SOLUTIONS INC | $2.8M | 0.01% | 102,072 | Common | SOLE |
| 731068102 | PII | POLARIS INC | $2.4M | 0.01% | 38,600 | CALL | SOLE |
| G16252101 | BIP | BROOKFIELD INFRAST PARTNERS | $2.2M | 0.01% | 62,951 | Common | SOLE |
| 38046C109 | GOGO | GOGO INC | $1.4M | 0.01% | 297,731 | Common | SOLE |
| 464287499 | IWR | ISHARES TR | $1.1M | 0.00% | 11,633 | Common | SOLE |
| 743713109 | PRLB | PROTO LABS INC | $602,982 | 0.00% | 11,919 | Common | SOLE |
| 464287655 | IWM | ISHARES TR | $307,946 | 0.00% | 1,251 | 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.