Q2 2025 · 13F-HR
Dundas Partners LLPholdings as filed
Filed 2025-08-12 · accession 0001742418-25-000006
$1.44B
Reported value
50
Positions
2025-06-30
Period end
The Brief · Dundas Partners LLP · Q2 2025
AI · grounded in 13F
Dundas Partners LLP established a new position in MSFT valued at $92.8M. The fund also initiated new stakes in WRB for $82.5M and GWW for $76.6M. Additional new positions include TSM, V, and APH.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 594918104 | MSFT | MICROSOFT CORP | $92.8M | 6.45% | 186,468 | Common | SOLE |
| 084423102 | WRB | WR BERKLEY CORP | $82.5M | 5.74% | 1,123,310 | Common | SOLE |
| 384802104 | GWW | WW GRAINGER INC | $76.6M | 5.33% | 73,650 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR SP ADR | $64.0M | 4.45% | 282,445 | Common | SOLE |
| 92826C839 | V | VISA INC CLASS A SHARES | $62.1M | 4.32% | 175,029 | Common | SOLE |
| 032095101 | APH | AMPHENOL CORP NEW | $61.0M | 4.24% | 617,382 | Common | SOLE |
| 115236101 | BRO | BROWN & BROWN INC | $55.8M | 3.88% | 503,111 | Common | SOLE |
| 025816109 | AXP | AMERICAN EXPRESS CO | $55.6M | 3.87% | 174,436 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC CL C | $53.5M | 3.72% | 301,749 | Common | SOLE |
| 002824100 | ABT | ABBOTT LABORATORIES | $50.6M | 3.51% | 371,715 | Common | SOLE |
| 03820C105 | AIT | APPLIED INDL TECHNOLOGIES IN | $48.7M | 3.39% | 266,212 | Common | SOLE |
| 032654105 | ADI | ANALOG DEVICES INC | $47.1M | 3.28% | 197,970 | Common | SOLE |
| 631103108 | NDAQ | NASDAQ INC | $44.8M | 3.11% | 500,759 | Common | SOLE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $42.1M | 2.93% | 7,270 | Common | SOLE |
| 571748102 | MRSH | MARSH & MCLENNAN COS | $41.0M | 2.85% | 187,494 | Common | SOLE |
| 761152107 | RMD | RESMED INC | $39.3M | 2.73% | 152,184 | Common | SOLE |
| G1151C101 | ACN | ACCENTURE PLC CL A | $37.8M | 2.63% | 126,597 | Common | SOLE |
| 883556102 | TMO | THERMO FISHER SCIENTIFIC INC | $37.8M | 2.63% | 93,193 | Common | SOLE |
| 863667101 | SYK | STRYKER CORP | $35.8M | 2.49% | 90,522 | Common | SOLE |
| 778296103 | ROST | ROSS STORES INC | $35.6M | 2.48% | 279,145 | Common | SOLE |
| 038222105 | AMAT | APPLIED MATERIALS INC | $34.7M | 2.41% | 112,482 | Common | SOLE |
| H01301128 | ALC | ALCON AG | $34.7M | 2.41% | 391,786 | Common | SOLE |
| 294429105 | EFX | EQUIFAX INC | $34.4M | 2.39% | 132,615 | Common | SOLE |
| 40415F101 | HDB | HDFC BANK LTD ADR | $34.0M | 2.36% | 443,405 | Common | SOLE |
| 303075105 | FDS | FACTSET RESH SYS INC | $32.3M | 2.24% | 72,174 | Common | SOLE |
| 031100100 | AME | AMETEK INC | $31.2M | 2.17% | 172,472 | Common | SOLE |
| 98978V103 | ZTS | ZOETIS INC | $30.8M | 2.14% | 197,747 | Common | SOLE |
| 461202103 | INTU | INTUIT | $29.1M | 2.02% | 36,888 | Common | SOLE |
| 437076102 | HD | HOME DEPOT INC | $25.9M | 1.80% | 70,543 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $25.0M | 1.74% | 44,459 | Common | SOLE |
| 22160K105 | COST | COSTCO WHOLESALE CORP | $23.7M | 1.65% | 23,963 | Common | SOLE |
| 55354G100 | MSCI | MSCI INC | $21.8M | 1.51% | 37,782 | Common | SOLE |
| 74935Q107 | RBA | RB GLOBAL INC | $10.1M | 0.70% | 95,184 | Common | NONE |
| 78351F107 | RYAN | RYAN SPECIALTY HOLDINGS INC | $693,498 | 0.05% | 10,200 | Common | SOLE |
| 70432V102 | PAYC | PAYCOM SOFTWARE INC | $597,706 | 0.04% | 2,583 | Common | SOLE |
| 942749102 | WTS | WATTS WATER TECHNOLOGIES INC | $558,170 | 0.04% | 2,270 | Common | SOLE |
| 426281101 | JKHY | HENRY JACK & ASSOC INC | $522,493 | 0.04% | 2,900 | Common | SOLE |
| 57060D108 | MKTX | MARKETAXESS HLDGS INC | $500,058 | 0.03% | 2,239 | Common | SOLE |
| 29605J106 | ESAB | ESAB CORPORATION | $468,216 | 0.03% | 3,884 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $444,444 | 0.03% | 1,912 | Common | SOLE |
| 056525108 | BMI | BADGER METER INC | $434,444 | 0.03% | 8,444 | Common | SOLE |
| 45867GAD3 | IDCC 3.5 06/01/27 | INTERDIGITAL INC | $370,876 | 0.03% | 1,654 | Common | SOLE |
| 749607107 | RLI | RLI CORP | $346,656 | 0.02% | 4,800 | Common | SOLE |
| 89400J107 | TRU | TRANSUNION | $303,776 | 0.02% | 3,452 | Common | SOLE |
| 617700109 | MORN | MORNINGSTAR INC | $280,967 | 0.02% | 895 | Common | SOLE |
| 816300107 | SIGI | SELECTIVE INS GROUP INC | $236,901 | 0.02% | 2,734 | Common | SOLE |
| 525558201 | LMAT | LEMAITRE VASCULAR INC | $220,913 | 0.02% | 2,660 | Common | SOLE |
| 053015103 | ADP | AUTOMATIC DATA PROCESSING INC | $189,346 | 0.01% | 773 | Common | SOLE |
| 537008104 | LFUS | LITTELFUSE INC | $164,153 | 0.01% | 724 | Common | SOLE |
| 384109104 | GGG | GRACO INC | $158,357 | 0.01% | 1,842 | 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.