Findlay Park Partners
Findlay Park teamLONDON, X0files as Findlay Park Partners LLP
$7.4bn in 49 US stocks at the end of 30 June 2026. The top 10 are 33.0% of the money. It changed about 16.5% of the portfolio this quarter.
Value
$7.4bn
Stocks
49
Top 10 share
33.0%
Turnover
16.5%
What changed this quarter
New
Bought for the first time this quarter.
- Cisco SystemsCSCO1.9% of the fund
- WatscoWSO1.1% of the fund
Added
Bought more of a stock they already held.
- Teledyne TechnologiesTDY3.7% of the fund+5%
- APi GroupAPG3.7% of the fund+9%
- CRH PublicCRH3.6% of the fund+12%
- WoodwardWWD3.1% of the fund+21%
- Waste ConnectionsWCN2.9% of the fund+70%
- Applied MaterialsAMAT2.7% of the fund+77%
- KLAKLAC2.7% of the fund+22%
- Live Nation EntertainmentLYV2.6% of the fund+4%
- Liberty MediaFWONK2.6% of the fund+4%
- EntegrisENTG2.4% of the fund+51%
- MastercardMA2.1% of the fund+13%
- StandardAeroSARO2.0% of the fund+23%
- Ferguson EnterprisesFERG2.0% of the fund+25%
- Martin Marietta MaterialsMLM1.6% of the fund+7%
- EcolabECL1.6% of the fund+62%
- Core & MainCNM1.6% of the fund+20%
- Hilton Worldwide HoldingsHLT1.5% of the fund+9%
- Intercontinental ExchangeICE1.4% of the fund+7%
Cut
Sold some of their stake.
- XPOXPO3.2% of the fund-3%
- Berkshire HathawayBRK-B3.2% of the fund-3%
- Canadian National RailwayCNI2.9% of the fund-3%
- West Pharmaceutical ServicesWST2.9% of the fund-3%
- Texas InstrumentsTXN2.6% of the fund-45%
- Canadian Pacific Kansas CityCP2.6% of the fund-3%
- United RentalsURI2.4% of the fund-14%
- Agilent TechnologiesA2.4% of the fund-3%
- EOG ResourcesEOG2.3% of the fund-25%
- WatersWAT2.3% of the fund-3%
- Keysight TechnologiesKEYS2.1% of the fund-39%
- MicrosoftMSFT1.9% of the fund-3%
- Becton DickinsonBDX1.9% of the fund-3%
- SterisSTE1.9% of the fund-3%
- S&P GlobalSPGI1.7% of the fund-3%
- ConocoPhillipsCOP1.7% of the fund-28%
- Royal GoldRGLD1.5% of the fund-3%
- Charles SchwabSCHW1.5% of the fund-3%
- Wyndham Hotels & ResortsWH1.4% of the fund-3%
- Cooper CompaniesCOO1.2% of the fund-3%
- DanaherDHR1.2% of the fund-42%
- Analog DevicesADI1.1% of the fund-15%
- IdexIEX1.0% of the fund-3%
- EtsyETSY0.9% of the fund-3%
- CDWCDW0.6% of the fund-3%
Sold out
Sold their entire stake.
- IntuitINTU-100%
- SLB LimitedSLB-100%
- Marketaxess HoldingsMKTX-100%
- Thermo Fisher ScientificTMO-100%
- AutodeskADSK-100%
- EquifaxEFX-100%
- AccentureACN-100%
- Spotify TechnologySPOT-100%
- Topbuild COR-100%
Holdings
- Canadian National RailwayCNI
- Share
- 2.9%
- Value
- $218m
- Shares
- 1,826,068
-3%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Teledyne TechnologiesTDY | 3.7% | $277m | 415,899 | +5% |
| ITTITT | 3.7% | $276m | 1,397,628 | Held |
| APi GroupAPG | 3.7% | $276m | 6,522,698 | +9% |
| CRH PublicCRH | 3.6% | $264m | 2,465,011 | +12% |
| XPOXPO | 3.2% | $236m | 1,150,100 | -3% |
| Berkshire HathawayBRK-B | 3.2% | $235m | 468,716 | -3% |
| WoodwardWWD | 3.1% | $232m | 545,220 | +21% |
| Canadian National RailwayCNI | 2.9% | $218m | 1,826,068 | -3% |
| Waste ConnectionsWCN | 2.9% | $214m | 1,285,809 | +70% |
| West Pharmaceutical ServicesWST | 2.9% | $214m | 596,646 | -3% |
| Applied MaterialsAMAT | 2.7% | $201m | 277,860 | +77% |
| KLAKLAC | 2.7% | $197m | 653,850 | +22% |
| Live Nation EntertainmentLYV | 2.6% | $196m | 1,069,200 | +4% |
| Texas InstrumentsTXN | 2.6% | $194m | 649,431 | -45% |
| Canadian Pacific Kansas CityCP | 2.6% | $194m | 2,233,296 | -3% |
| Liberty MediaFWONK | 2.6% | $189m | 1,989,657 | +4% |
| United RentalsURI | 2.4% | $180m | 158,948 | -14% |
| EntegrisENTG | 2.4% | $174m | 969,700 | +51% |
| Agilent TechnologiesA | 2.4% | $174m | 1,312,063 | -3% |
| EOG ResourcesEOG | 2.3% | $173m | 1,329,709 | -25% |
| WatersWAT | 2.3% | $169m | 451,925 | -3% |
| MastercardMA | 2.1% | $158m | 307,650 | +13% |
| Keysight TechnologiesKEYS | 2.1% | $157m | 448,872 | -39% |
| StandardAeroSARO | 2.0% | $151m | 5,032,523 | +23% |
| Ferguson EnterprisesFERG | 2.0% | $147m | 618,810 | +25% |
| MicrosoftMSFT | 1.9% | $144m | 386,430 | -3% |
| Becton DickinsonBDX | 1.9% | $144m | 951,200 | -3% |
| Cisco SystemsCSCO | 1.9% | $142m | 1,207,200 | New |
| SterisSTE | 1.9% | $138m | 657,713 | -3% |
| S&P GlobalSPGI | 1.7% | $127m | 312,640 | -3% |
| ConocoPhillipsCOP | 1.7% | $126m | 1,216,171 | -28% |
| Martin Marietta MaterialsMLM | 1.6% | $120m | 207,262 | +7% |
| EcolabECL | 1.6% | $116m | 415,184 | +62% |
| Core & MainCNM | 1.6% | $116m | 2,395,854 | +20% |
| Hilton Worldwide HoldingsHLT | 1.5% | $112m | 338,374 | +9% |
| Royal GoldRGLD | 1.5% | $111m | 558,050 | -3% |
| Charles SchwabSCHW | 1.5% | $111m | 1,202,369 | -3% |
| Intercontinental ExchangeICE | 1.4% | $101m | 821,169 | +7% |
| Wyndham Hotels & ResortsWH | 1.4% | $101m | 1,195,200 | -3% |
| Cooper CompaniesCOO | 1.2% | $92m | 1,284,000 | -3% |
| DanaherDHR | 1.2% | $88m | 461,600 | -42% |
| Analog DevicesADI | 1.1% | $81m | 202,698 | -15% |
| WatscoWSO | 1.1% | $79m | 188,840 | New |
| IdexIEX | 1.0% | $73m | 321,299 | -3% |
| EtsyETSY | 0.9% | $66m | 878,400 | -3% |
| CDWCDW | 0.6% | $46m | 325,426 | -3% |
| Sherwin-WilliamsSHW | 0.5% | $38m | 110,012 | -3% |
| PoolPOOL | 0.5% | $38m | 174,895 | -3% |
| Liberty Live HoldingsLLYVK | <0.1% | $3m | 26,974 | -3% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 23.6% since 30 June 2025.
Where the money is
Industrials29.9%
Technology22.7%
Health care13.8%
Financial services9.9%
Materials8.8%
Media & telecom5.2%
Energy4.0%
Retail & consumer2.9%
Utilities2.9%
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.