Cortland Associates
ST LOUIS, MOfiles as CORTLAND ASSOCIATES INC/MO
$692m in 62 US stocks at the end of 30 June 2026. The top 10 are 57.9% of the money. It changed about 12.9% of the portfolio this quarter.
Value
$692m
Stocks
62
Top 10 share
57.9%
Turnover
12.9%
What changed this quarter
New
Bought for the first time this quarter.
- Meta PlatformsMETA2.6% of the fund
- MckessonMCK2.0% of the fund
- Airbus SE Unsponsored ADREADSY1.7% of the fund
- Ares ManagementARES1.4% of the fund
- Ishares TROEF<0.1% of the fund
Added
Bought more of a stock they already held.
- Intercontinental ExchangeICE2.1% of the fund+129%
- WalmartWMT<0.1% of the fund+5%
Cut
Sold some of their stake.
- VisaV7.9% of the fund-3%
- Amazon.comAMZN7.4% of the fund-5%
- Booking HoldingsBKNG7.4% of the fund-3%
- Willis Towers WatsonWTW6.6% of the fund-3%
- Ryanair HoldingsRYAAY6.1% of the fund-3%
- Philip Morris InternationalPM5.0% of the fund-3%
- Cigna GroupCI4.6% of the fund-3%
- LandBridgeLB4.4% of the fund-4%
- DanaherDHR4.3% of the fund-5%
- AlphabetGOOG4.1% of the fund-46%
- KKRKKR3.6% of the fund-4%
- First Citizens BancsharesFCNCA3.5% of the fund-34%
- Becton DickinsonBDX3.3% of the fund-3%
- AlphabetGOOGL3.1% of the fund-25%
- Kyndryl HoldingsKD2.9% of the fund-46%
- First AdvantageFA2.3% of the fund-3%
- Capital One FinancialCOF1.8% of the fund-3%
- Texas Pacific LandTPL1.8% of the fund-3%
- Brown & BrownBRO1.7% of the fund-54%
- Blue Owl CapitalOWL1.6% of the fund-3%
- Tencent HldgsTCEHY1.5% of the fund-3%
- AppleAAPL1.0% of the fund-5%
- Berkshire Hathaway INC DELBRK-A0.5% of the fund-17%
- Idexx LaboratoriesIDXX0.4% of the fund-3%
- Berkshire HathawayBRK-B0.3% of the fund-4%
Sold out
Sold their entire stake.
- Costar GroupCSGP-100%
- WatersWAT-100%
- Dimensional ETF TrustDFUV-100%
- Dimensional ETF TrustDFAT-100%
- Dimensional ETF TrustDFUS-100%
Holdings
- Ryanair HoldingsRYAAY
- Share
- 6.1%
- Value
- $42m
- Shares
- 652,808
-3%
- Airbus SE Unsponsored ADREADSY
- Share
- 1.7%
- Value
- $12m
- Shares
- 208,448
New
- Tencent HldgsTCEHY
- Share
- 1.5%
- Value
- $11m
- Shares
- 190,852
-3%
- Berkshire Hathaway INC DELBRK-A
- Share
- 0.5%
- Value
- $4m
- Shares
- 5
-17%
- Ishares TRIVV
- Share
- 0.2%
- Value
- $2m
- Shares
- 2,287
Held
- Ishares TRIWB
- Share
- 0.2%
- Value
- $1m
- Shares
- 3,038
Held
- Ishares TRIYY
- Share
- 0.2%
- Value
- $1m
- Shares
- 6,502
Held
- Franco NevadaFNV
- Share
- 0.1%
- Value
- $823,000
- Shares
- 3,946
Held
- Ishares TRIWM
- Share
- <0.1%
- Value
- $649,000
- Shares
- 2,160
Held
- CTT Correios de Portug SHSCTTOF
- Share
- <0.1%
- Value
- $561,000
- Shares
- 84,925
Held
- Pembina PipelinePBA
- Share
- <0.1%
- Value
- $552,000
- Shares
- 11,939
Held
- State STR Spdr S&P Midcap 40MDY
- Share
- <0.1%
- Value
- $437,000
- Shares
- 621
Held
- Ishares TREFA
- Share
- <0.1%
- Value
- $431,000
- Shares
- 4,151
Held
- BrookfieldBN
- Share
- <0.1%
- Value
- $377,000
- Shares
- 8,851
Held
- Richards Packaging
- Share
- <0.1%
- Value
- $332,000
- Shares
- 16,300
Held
- Ishares TREFG
- Share
- <0.1%
- Value
- $325,000
- Shares
- 2,614
Held
- BRPDOO
- Share
- <0.1%
- Value
- $262,000
- Shares
- 4,298
-8%
- Ishares TROEF
- Share
- <0.1%
- Value
- $203,000
- Shares
- 555
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| VisaV | 7.9% | $54m | 158,392 | -3% |
| Amazon.comAMZN | 7.4% | $51m | 215,016 | -5% |
| Booking HoldingsBKNG | 7.4% | $51m | 286,968 | -3% |
| Willis Towers WatsonWTW | 6.6% | $46m | 174,446 | -3% |
| Ryanair HoldingsRYAAY | 6.1% | $42m | 652,808 | -3% |
| Philip Morris InternationalPM | 5.0% | $35m | 191,866 | -3% |
| Cigna GroupCI | 4.6% | $32m | 116,495 | -3% |
| LandBridgeLB | 4.4% | $30m | 384,317 | -4% |
| DanaherDHR | 4.3% | $30m | 157,363 | -5% |
| AlphabetGOOG | 4.1% | $29m | 80,721 | -46% |
| KKRKKR | 3.6% | $25m | 274,368 | -4% |
| First Citizens BancsharesFCNCA | 3.5% | $24m | 11,498 | -34% |
| Becton DickinsonBDX | 3.3% | $23m | 148,992 | -3% |
| AlphabetGOOGL | 3.1% | $22m | 60,471 | -25% |
| Kyndryl HoldingsKD | 2.9% | $20m | 1,762,090 | -46% |
| Meta PlatformsMETA | 2.6% | $18m | 31,886 | New |
| First AdvantageFA | 2.3% | $16m | 881,185 | -3% |
| Intercontinental ExchangeICE | 2.1% | $15m | 119,011 | +129% |
| MckessonMCK | 2.0% | $14m | 17,887 | New |
| Capital One FinancialCOF | 1.8% | $13m | 63,722 | -3% |
| Texas Pacific LandTPL | 1.8% | $12m | 27,906 | -3% |
| Airbus SE Unsponsored ADREADSY | 1.7% | $12m | 208,448 | New |
| Brown & BrownBRO | 1.7% | $11m | 178,632 | -54% |
| Blue Owl CapitalOWL | 1.6% | $11m | 1,280,899 | -3% |
| Tencent HldgsTCEHY | 1.5% | $11m | 190,852 | -3% |
| Ares ManagementARES | 1.4% | $10m | 90,028 | New |
| AppleAAPL | 1.0% | $7m | 22,911 | -5% |
| Berkshire Hathaway INC DELBRK-A | 0.5% | $4m | 5 | -17% |
| Idexx LaboratoriesIDXX | 0.4% | $3m | 5,149 | -3% |
| Berkshire HathawayBRK-B | 0.3% | $2m | 4,821 | -4% |
| MicrosoftMSFT | 0.3% | $2m | 6,102 | Held |
| CaterpillarCAT | 0.3% | $2m | 2,091 | Held |
| Ishares TRIVV | 0.2% | $2m | 2,287 | Held |
| Sherwin-WilliamsSHW | 0.2% | $1m | 3,900 | Held |
| Ishares TRIWB | 0.2% | $1m | 3,038 | Held |
| Ishares TRIYY | 0.2% | $1m | 6,502 | Held |
| Franco NevadaFNV | 0.1% | $823,000 | 3,946 | Held |
| Cisco SystemsCSCO | 0.1% | $796,000 | 6,773 | Held |
| Altria GroupMO | 0.1% | $788,000 | 10,948 | Held |
| Ishares TRIWM | <0.1% | $649,000 | 2,160 | Held |
| Procter & GamblePG | <0.1% | $633,000 | 4,319 | Held |
| CTT Correios de Portug SHSCTTOF | <0.1% | $561,000 | 84,925 | Held |
| Pembina PipelinePBA | <0.1% | $552,000 | 11,939 | Held |
| MerckMRK | <0.1% | $477,000 | 3,711 | Held |
| State STR Spdr S&P Midcap 40MDY | <0.1% | $437,000 | 621 | Held |
| Ishares TREFA | <0.1% | $431,000 | 4,151 | Held |
| DeereDE | <0.1% | $384,000 | 606 | Held |
| Johnson & JohnsonJNJ | <0.1% | $378,000 | 1,490 | Held |
| BrookfieldBN | <0.1% | $377,000 | 8,851 | Held |
| CumminsCMI | <0.1% | $375,000 | 526 | Held |
| Mondelez InternationalMDLZ | <0.1% | $348,000 | 6,024 | Held |
| Richards Packaging | <0.1% | $332,000 | 16,300 | Held |
| Ishares TREFG | <0.1% | $325,000 | 2,614 | Held |
| ProgressivePGR | <0.1% | $310,000 | 1,419 | Held |
| Union PacificUNP | <0.1% | $300,000 | 1,103 | Held |
| BRPDOO | <0.1% | $262,000 | 4,298 | -8% |
| Home DepotHD | <0.1% | $251,000 | 712 | Held |
| WalmartWMT | <0.1% | $246,000 | 2,171 | +5% |
| PepsiCoPEP | <0.1% | $222,000 | 1,640 | Held |
| AmgenAMGN | <0.1% | $217,000 | 600 | Held |
| ADTADT | <0.1% | $212,000 | 32,649 | Held |
| Ishares TROEF | <0.1% | $203,000 | 555 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 19.3% since 30 June 2025.
Where the money is
Financial services35.0%
Retail & consumer14.8%
Health care14.7%
Media & telecom9.8%
Industrials6.6%
Technology6.6%
Everyday goods5.3%
Energy1.8%
Materials0.3%
Real estate0.1%
Other4.8%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.