Q4 2025 · 13F-HR
Dundas Partners LLPholdings as filed
Filed 2026-02-12 · accession 0001742418-26-000002
$1.42B
Reported value
49
Positions
2025-12-31
Period end
The Brief · Dundas Partners LLP · Q4 2025
AI · grounded in 13F
Dundas Partners LLP reduced its position in ACN by 40.26%. The fund also trimmed its holding in ALC by 35.57% and increased its stake in MA by 27.35%. Overall, the fund added 14 positions and reduced 29 others, ending the period with $1.42B in total assets under management.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 02079K107 | GOOG | ALPHABET INC CL C | $92.7M | 6.53% | 295,344 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $88.2M | 6.21% | 182,458 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR SP ADR | $85.7M | 6.04% | 282,161 | Common | SOLE |
| 084423102 | WRB | WR BERKLEY CORP | $81.4M | 5.73% | 1,161,472 | Common | SOLE |
| 032095101 | APH | AMPHENOL CORP NEW | $72.0M | 5.07% | 532,801 | Common | SOLE |
| 038222105 | AMAT | APPLIED MATERIALS INC | $70.4M | 4.96% | 274,132 | Common | SOLE |
| 025816109 | AXP | AMERICAN EXPRESS CO | $65.7M | 4.63% | 177,649 | Common | SOLE |
| 92826C839 | V | VISA INC CLASS A SHARES | $62.7M | 4.41% | 178,743 | Common | SOLE |
| 883556102 | TMO | THERMO FISHER SCIENTIFIC INC | $57.0M | 4.02% | 98,406 | Common | SOLE |
| 032654105 | ADI | ANALOG DEVICES INC | $54.7M | 3.86% | 201,876 | Common | SOLE |
| 002824100 | ABT | ABBOTT LABORATORIES | $53.7M | 3.78% | 428,307 | Common | SOLE |
| 115236101 | BRO | BROWN & BROWN INC | $53.1M | 3.74% | 666,803 | Common | SOLE |
| 631103108 | NDAQ | NASDAQ INC | $50.7M | 3.57% | 521,726 | Common | SOLE |
| 761152107 | RMD | RESMED INC | $49.4M | 3.48% | 204,962 | Common | SOLE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $44.5M | 3.13% | 8,305 | Common | SOLE |
| 778296103 | ROST | ROSS STORES INC | $44.2M | 3.11% | 245,228 | Common | SOLE |
| 98978V103 | ZTS | ZOETIS INC | $38.4M | 2.71% | 305,387 | Common | SOLE |
| 053015103 | ADP | AUTOMATIC DATA PROCESSING INC | $36.7M | 2.58% | 142,534 | Common | SOLE |
| 031100100 | AME | AMETEK INC | $34.9M | 2.46% | 170,095 | Common | SOLE |
| 863667101 | SYK | STRYKER CORP | $34.1M | 2.40% | 97,014 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $32.3M | 2.28% | 56,617 | Common | SOLE |
| 40415F101 | HDB | HDFC BANK LTD ADR | $32.3M | 2.27% | 883,744 | Common | SOLE |
| 461202103 | INTU | INTUIT | $32.2M | 2.26% | 48,551 | Common | SOLE |
| 294429105 | EFX | EQUIFAX INC | $27.8M | 1.96% | 128,047 | Common | SOLE |
| G1151C101 | ACN | ACCENTURE PLC CL A | $23.4M | 1.65% | 87,149 | Common | SOLE |
| 79466L302 | CRM | SALESFORCE INC | $22.2M | 1.56% | 83,752 | Common | SOLE |
| 55354G100 | MSCI | MSCI INC | $21.4M | 1.50% | 37,226 | Common | SOLE |
| 384802104 | GWW | WW GRAINGER INC | $20.3M | 1.43% | 20,087 | Common | SOLE |
| H01301128 | ALC | ALCON AG | $20.2M | 1.42% | 252,418 | Common | SOLE |
| 74935Q107 | RBA | RB GLOBAL INC | $10.0M | 0.71% | 97,308 | Common | NONE |
| 426281101 | JKHY | HENRY JACK & ASSOC INC | $655,286 | 0.05% | 3,591 | Common | SOLE |
| 78351F107 | RYAN | RYAN SPECIALTY HOLDINGS INC | $651,467 | 0.05% | 12,618 | Common | SOLE |
| G6700G107 | NVT | NVENT ELECTRIC PLC | $627,523 | 0.04% | 6,154 | Common | SOLE |
| 09073M104 | TECH | BIO-TECHNE CORP | $584,336 | 0.04% | 9,936 | Common | SOLE |
| 03820C105 | AIT | APPLIED INDL TECHNOLOGIES IN | $541,785 | 0.04% | 2,110 | Common | SOLE |
| 860630102 | SF | STIFEL FINL CORP | $475,711 | 0.03% | 3,799 | Common | SOLE |
| 70432V102 | PAYC | PAYCOM SOFTWARE INC | $449,236 | 0.03% | 2,819 | Common | SOLE |
| 29605J106 | ESAB | ESAB CORPORATION | $434,591 | 0.03% | 3,890 | Common | SOLE |
| 224408104 | CR | CRANE COMPANY | $421,607 | 0.03% | 2,286 | Common | SOLE |
| 537008104 | LFUS | LITTELFUSE INC | $402,143 | 0.03% | 1,590 | Common | SOLE |
| 29977A105 | EVR | EVERCORE INC | $363,727 | 0.03% | 1,069 | Common | SOLE |
| 89400J107 | TRU | TRANSUNION | $353,462 | 0.02% | 4,122 | Common | SOLE |
| 407497106 | HLNE | HAMILTON LANE INC | $345,714 | 0.02% | 2,574 | Common | SOLE |
| 57060D108 | MKTX | MARKETAXESS HLDGS INC | $344,738 | 0.02% | 1,902 | Common | SOLE |
| 942749102 | WTS | WATTS WATER TECHNOLOGIES INC | $340,333 | 0.02% | 1,233 | Common | SOLE |
| 525558201 | LMAT | LEMAITRE VASCULAR INC | $263,251 | 0.02% | 3,246 | Common | SOLE |
| 749607107 | RLI | RLI CORP | $249,522 | 0.02% | 3,900 | Common | SOLE |
| 45867GAD3 | IDCC 3.5 06/01/27 | INTERDIGITAL INC | $182,750 | 0.01% | 574 | Common | SOLE |
| 056525108 | BMI | BADGER METER INC | $134,819 | 0.01% | 773 | 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.