中文
Value GiantsValue investors’ 13F holdings, as a whole
Q2 2026 13FData as of Aug 18, 2026
Quality value

William von Mueffling

Q2 2026 13F: 27 holdings worth about $665.1M; that quarter 0 new, 0 added, 27 trimmed, 11 sold out.

Firm: Cantillon Capital Management LLC
Filer: CANTILLON CAPITAL MANAGEMENT LLC CIK 1279936
Last filed: Jul 29, 2026 | Quality value | Counted in this quarter’s totals

13F lists only long positions in US-listed stocks (and some ETFs and convertibles); short positions, cash, bonds, shares listed outside the US and private companies are not shown, so this is not the giant’s whole portfolio.

Why This Giant Is Included

  • Rule numbers (Q2 2026): 27 holdings, top 10 = 62%, stocks $0.7B, options 0%; all four rules met
  • Source for the value approach: ESG Policy (February 2025) (Cantillon Capital Management, 2025-02, p. 1): “finding high quality companies that can grow and generate strong sustainable returns, and which trade at a discount to their intrinsic value” (checked 2026-10-11)

Full selection rules →

13F value
$665.1M
previous $15.1B (−95.6%)
Holdings
27
0 new / 11 sold out
Net deploymentest.
−101.9%
est. net buying ÷ last quarter’s portfolio
Top-10 concentration
62%
overlap with the composite 16%
Turnoverest.
0.0%
held 29 quarters on average
I

Trades in Q2 2026

Sorted by position shift: how many percentage points of the portfolio the trade moved.

How to Read This

Share changes are split-adjusted. Est. trade price = (start + end price) ÷ 2; 13F does not show the actual trade date or price.

MoveCompanyChange in sharesChange %Position shift (pts)Start → end priceEst. trade price
TrimmedAVGOBroadcom Inc−3.87M−95%−219.75$309.51 → $377.75$343.63
TrimmedGOOGLAlphabet Inc−3.54M−95%−190.42$287.56 → $357.37$322.47
TrimmedTSMTaiwan Semiconductor Manufacturing−2.38M−95%−170.80$337.95 → $477.57$407.76
TrimmedAMATApplied Materials Inc−1.47M−97%−159.98$341.79 → $723.00$532.39
TrimmedIBKRInteractive Brokers Group, Inc−10.73M−95%−140.39$67.07 → $87.04$77.06
TrimmedADIAnalog Devices Inc−1.82M−95%−108.89$318.14 → $397.17$357.65
TrimmedSPGIS&P Global Inc−1.48M−95%−90.38$425.34 → $407.26$416.30
TrimmedVVisa Inc−1.63M−95%−84.31$302.24 → $343.09$322.66
TrimmedCBRECBRE Group Inc−3.75M−95%−75.96$135.46 → $134.69$135.08
TrimmedLYVLive Nation Entertainment, Inc−2.35M−95%−64.74$152.51 → $183.11$167.81
TrimmedBLKBlackRock, Inc−432.4K−95%−62.51$961.71 → $961.56$961.64
TrimmedFERGFerguson Enterprises Inc.−1.67M−95%−59.55$233.26 → $237.33$235.30
TrimmedMSFTMicrosoft Corp−1.04M−94%−58.52$370.17 → $373.02$371.60
Sold outTMOThermo Fisher Scientific Inc−769.7K—−58.02$491.53 → $501.36$496.45
TrimmedFASTFastenal Co−7.79M−95%−56.26$46.40 → $48.03$47.21
TrimmedENTGEntegris Inc−2.07M−95%−55.89$117.24 → $179.86$148.55
Sold outAONAon plc−1.10M—−54.64$322.78 → $331.69$327.23
TrimmedCPCanadian Pacific Kansas City Ltd/cn−4.14M−95%−53.99$78.66 → $86.65$82.66
TrimmedUBERUber Technologies, Inc−4.95M−95%−53.76$71.93 → $72.16$72.05
TrimmedAAgilent Technologies Inc−2.62M−95%−52.31$113.98 → $132.83$123.41
TrimmedICEIntercontinental Exchange, Inc−2.81M−95%−51.95$157.28 → $123.11$140.19
Sold outIQVIQVIA Holdings Inc−1.71M—−49.70$170.54 → $193.22$181.88
TrimmedCMECME Group Inc−1.32M−95%−43.91$295.35 → $220.83$258.09
Sold outEFXEquifax Inc−1.79M—−42.75$180.07 → $158.72$169.40
TrimmedYUMYum! Brands Inc−1.73M−95%−41.54$155.48 → $159.86$157.67
Sold outAMTAmerican Tower Corp−1.61M—−39.66$172.58 → $163.57$168.08
TrimmedTWTradeweb Markets Inc−2.26M−95%−33.83$117.66 → $99.66$108.66
TrimmedSSNCSS&C Technologies Holdings Inc−3.58M−95%−33.40$67.57 → $62.05$64.81
Sold outADBEAdobe Inc−1.02M—−31.43$243.08 → $205.02$224.05
TrimmedSPOTSpotify Technology S.A−419.1K−95%−28.93$484.91 → $459.13$472.02
TrimmedTCOMTrip.com Group Ltd−4.38M−95%−26.21$49.79 → $39.84$44.82
TrimmedORCLOracle Corp−1.18M−92%−25.95$147.11 → $146.55$146.83
TrimmedMCOMoody’s Corp−374.4K−95%−25.50$436.25 → $452.92$444.59
Sold outALCAlcon Inc−2.51M—−25.34$75.35 → $67.21$71.28
Sold outFLUTFlutter Entertainment plc−1.38M—−21.13$101.95 → $102.17$102.06
Sold outTMETencent Music Entertainment Group−13.38M—−16.80$9.28 → $8.35$8.81
Sold outFWONKLiberty Media Corp−1.04M—−14.81$85.02 → $95.14$90.08
Sold outLPLALPL Financial Holdings Inc−324.9K—−13.76$300.83 → $281.68$291.26
II

All Holdings (27 Companies)

Share classes of one company are combined; click a heading to re-sort.

How to Read This

Est. average cost: shares bought each quarter × (start + end price) ÷ 2, weighted; trims do not change the cost. Positions held before Q1 1999 (or the giant’s earliest electronic filing) start from that quarter’s price and are marked ‘start point’. vs cost = quarter-end price ÷ est. average cost − 1, excluding dividends.

CompanySectorWeight (prev.)SharesValueThis quarterFirst boughtQuarters heldEst. avg costQuarter-end pricevs costHistory
AVGOBroadcom IncInformation technology10.6%8.3%186.8K$70.5MTrimmed −95%Q1 201738$29.06est.$377.75+1200%History
GOOGLAlphabet IncInformation technology9.2%7.1%171.1K$61.1MTrimmed −95%Q4 201543$57.42est.$357.37+522%History
TSMTaiwan Semiconductor ManufacturingInformation technology8.2%5.6%114.8K$54.8MTrimmed −95%Q3 201736$46.64est.$477.57+924%History
IBKRInteractive Brokers Group, IncFinancials6.8%5.0%517.8K$45.1MTrimmed −95%Q2 201737$14.38est.$87.04+505%History
AMATApplied Materials IncInformation technology5.5%3.5%50.2K$36.3MTrimmed −97%Q1 202026$62.40est.$723.00+1059%History
ADIAnalog Devices IncInformation technology5.3%4.0%88.0K$35.0MTrimmed −95%Q3 201064$54.08est.$397.17+634%History
SPGIS&P Global IncFinancials4.4%4.4%71.2K$29.0MTrimmed −95%Q1 201546$127.35est.$407.26+220%History
VVisa IncFinancials4.3%3.5%83.6K$28.7MTrimmed −95%Q4 201543$94.21est.$343.09+264%History
MSFTMicrosoft CorpInformation technology3.9%2.7%68.9K$25.7MTrimmed −94%Q1 202026$228.22est.$373.02+63%History
CBRECBRE Group IncReal estate3.7%3.5%181.1K$24.4MTrimmed −95%Q1 201642$43.72est.$134.69+208%History
LYVLive Nation Entertainment, IncConsumer discretionary3.1%2.5%113.5K$20.8MTrimmed −95%Q2 202313$87.92est.$183.11+108%History
BLKBlackRock, IncFinancials3.0%2.9%20.9K$20.1MTrimmed −95%Q4 202119$779.26est.$961.56+23%History
FERGFerguson Enterprises Inc.Industrials2.9%2.7%80.5K$19.1MTrimmed −95%Q3 20248$196.32est.$237.33+21%History
FASTFastenal CoConsumer discretionary2.7%2.5%376.0K$18.1MTrimmed −95%Q2 201833$14.67est.$48.03+227%History
ENTGEntegris IncMaterials2.7%1.7%99.8K$17.9MTrimmed −95%Q3 201928$64.26est.$179.86+180%History
CPCanadian Pacific Kansas City Ltd/cnIndustrials2.6%2.3%199.9K$17.3MTrimmed −95%Q3 202312$78.70est.$86.65+10%History
UBERUber Technologies, IncIndustrials2.6%2.5%239.0K$17.2MTrimmed −95%Q2 20249$72.74est.$72.16−1%History
AAgilent Technologies IncInformation technology2.5%2.1%126.4K$16.8MTrimmed −95%Q4 201543$59.03est.$132.83+125%History
ICEIntercontinental Exchange, IncFinancials2.5%3.1%135.5K$16.7MTrimmed −95%Q4 201447$53.23est.$123.11+131%History
ORCLOracle CorpInformation technology2.3%1.3%105.5K$15.5MTrimmed −92%Q1 202410$134.60est.$146.55+9%History
CMECME Group IncFinancials2.1%2.7%63.8K$14.1MTrimmed −95%Q4 201447$109.61est.$220.83+101%History
YUMYum! Brands IncConsumer discretionary2.0%1.9%83.4K$13.3MTrimmed −95%Q1 202410$139.95est.$159.86+14%History
TWTradeweb Markets IncFinancials1.6%1.9%109.0K$10.9MTrimmed −95%Q2 202313$100.61est.$99.66−1%History
SSNCSS&C Technologies Holdings IncInformation technology1.6%1.7%172.8K$10.7MTrimmed −95%Q3 201640$48.52est.$62.05+28%History
SPOTSpotify Technology S.ACommunication & media1.4%1.4%20.2K$9.3MTrimmed −95%Q1 20262$532.81est.$459.13−14%History
TCOMTrip.com Group LtdIndustrials1.3%1.5%214.2K$8.5MTrimmed −95%Q2 20249$50.68est.$39.84−21%History
MCOMoody’s CorpFinancials1.2%1.1%18.1K$8.2MTrimmed −95%Q4 201831$174.36est.$452.92+160%History
III

Portfolio Map: Size Is Weight, Colour Is Gain or Loss against Cost

How to Read This

Each block is a company (up to 60); area = portfolio weight. The darker the colour, the further the quarter-end price is above (or below) the estimated cost: light 5–25%, medium 25–100%, darkest over 100%; grey is within 5%.

above costbelow costwithin 5%
Portfolio MapAVGOBroadcom IncGOOGLAlphabet IncTSMTaiwan Semiconductor Ma…IBKRInteractive Brokers Gro…AMATApplied Materials IncADIAnalog Devices…SPGIS&P Global IncVVisa IncMSFTMicrosoft CorpCBRECBRE Group IncLYVLive Nation Ent…BLKBlackRock, I…FERGFerguson Ent…FASTFastenal CoENTGEntegris IncCPCanadian Pac…UBERUber Technol…AAgilent Te…ICEInterconti…ORCLOracle CorpCMECME Group IncYUMYum! Brand…TWTradeweb M…SSNCSS&C Tec…SPOTTCOMMCO
IV

Over Time

From Q4 2003, 91 quarters (this giant’s electronic 13F filings).

13F Value

13F Value$0$5.0B$10.0B$15.0BQ4 2003Q2 2006Q4 2008Q2 2011Q4 2013Q2 2016Q4 2018Q2 2021Q4 2023Q2 2026

Holdings

Holdings050100Q4 2003Q2 2006Q4 2008Q2 2011Q4 2013Q2 2016Q4 2018Q2 2021Q4 2023Q2 2026

Top-10 Concentration

Top-10 Concentration0%25%50%75%100%Q4 2003Q2 2006Q4 2008Q2 2011Q4 2013Q2 2016Q4 2018Q2 2021Q4 2023Q2 2026

Turnover (Est.)

Turnover0%10%20%Q4 2003Q2 2006Q4 2008Q2 2011Q4 2013Q2 2016Q4 2018Q2 2021Q4 2023Q2 2026

Sector Mix

Information technologyFinancialsCommunication & mediaConsumer discretionaryIndustrialsHealth careEnergyOther (incl. unclassified)
Sector Mix0%25%50%75%100%Q4 2003Q2 2006Q4 2008Q2 2011Q4 2013Q2 2016Q4 2018Q2 2021Q4 2023Q2 2026
V

Quarter by Quarter, with the Original Filings

* = not counted in that quarter’s totals. Links open the original SEC filing; 13F-HR/A is an amendment.

Show 91 Quarters
QuarterHoldingsNewSold out13F valueTurnoverNet deploymentSEC
Q2 202627011$665.1M0.0%−101.9%13F-HR
Q1 20263810$15.1B2.0%−11.5%13F-HR
Q4 20253712$18.5B1.2%+1.2%13F-HR
Q3 20253811$18.2B2.2%−2.1%13F-HR 13F-HR/A
Q2 20253810$17.3B2.4%−1.6%13F-HR 13F-HR/A
Q1 20253710$15.4B1.8%−2.7%13F-HR 13F-HR/A
Q4 20243602$16.5B2.3%+0.5%13F-HR
Q3 20243812$16.4B6.3%+1.3%13F-HR
Q2 20243942$15.0B3.9%−6.9%13F-HR
Q1 20243722$15.9B3.8%−2.0%13F-HR
Q4 20233702$15.0B4.0%−4.4%13F-HR
Q3 20233910$13.5B0.7%−0.3%13F-HR
Q2 20233821$14.3B1.4%+7.5%13F-HR
Q1 20233713$12.3B3.9%−3.5%13F-HR
Q4 20223911$11.8B1.6%−1.5%13F-HR
Q3 20223900$11.0B0.8%+0.4%13F-HR
Q2 20223920$12.0B0.1%+3.4%13F-HR
Q1 20223701$14.0B0.7%+3.5%13F-HR
Q4 20213821$15.1B2.0%−7.2%13F-HR
Q3 20213701$14.7B0.1%−2.1%13F-HR
Q2 20213801$14.8B1.5%−0.7%13F-HR
Q1 20213930$13.7B5.2%−3.1%13F-HR
Q4 20203600$13.3B0.0%−0.3%13F-HR
Q3 20203600$12.0B0.0%−1.1%13F-HR
Q2 20203611$11.5B2.4%+2.2%13F-HR
Q1 20203631$9.0B1.3%+1.8%13F-HR
Q4 20193410$10.8B2.3%−2.1%13F-HR
Q3 20193310$10.3B0.5%+1.1%13F-HR
Q2 20193211$9.9B3.1%−0.9%13F-HR
Q1 20193202$9.4B0.5%−2.5%13F-HR
Q4 20183411$8.3B2.2%+2.6%13F-HR
Q3 20183411$8.9B3.1%−7.3%13F-HR
Q2 20183431$9.3B4.6%+1.6%13F-HR
Q1 20183221$8.8B6.2%+0.9%13F-HR
Q4 20173100$8.4B0.0%−6.7%13F-HR
Q3 20173121$8.6B6.5%+0.1%13F-HR
Q2 20173011$8.0B1.2%−4.0%13F-HR
Q1 20173021$7.8B6.1%+0.3%13F-HR
Q4 20162933$7.1B8.2%+1.8%13F-HR
Q3 20162930$7.1B0.5%+11.0%13F-HR
Q2 20162631$5.9B4.7%+3.3%13F-HR
Q1 20162442$5.7B12.7%+6.8%13F-HR
Q4 20152252$5.3B18.1%+7.2%13F-HR
Q3 20151901$4.7B10.5%+0.6%13F-HR
Q2 20152000$5.0B2.5%−0.0%13F-HR
Q1 20152022$5.1B6.1%+3.4%13F-HR
Q4 20142034$4.9B8.7%+5.7%13F-HR
Q3 20142132$4.4B1.0%+5.1%13F-HR
Q2 20142022$4.3B14.0%+4.5%13F-HR
Q1 20142010$4.3B6.9%+4.6%13F-HR
Q4 20131913$4.2B4.2%+0.8%13F-HR
Q3 20132121$3.8B7.6%+5.1%13F-HR
Q2 20132011$3.3B13.3%+2.2%13F-HR
Q1 20132011$3.1B5.5%+11.3%13F-HR
Q4 20122040$2.6B3.6%+12.5%13F-HR
Q3 20121612$2.3B2.0%+1.8%13F-HR
Q2 20121710$2.2B2.3%+9.0%13F-HR
Q1 20121622$2.1B8.2%−1.0%13F-HR
Q4 20111620$1.9B0.0%+12.6%13F-HR
Q3 20111420$1.6B6.4%+8.1%13F-HR
Q2 20111201$1.6B10.7%+5.1%13F-HR
Q1 20111302$1.5B10.3%+7.4%13F-HR
Q4 20101502$1.4B16.8%−10.5%13F-HR
Q3 20101754$1.4B19.4%+27.7%13F-HR
Q2 20101622$957.0M9.2%+14.2%13F-HR
Q1 20101623$935.5M13.6%+93.1%13F-HR
Q4 20091722$471.1M13.0%+2.8%13F-HR
Q3 20091745$428.1M18.1%−53.1%13F-HR
Q2 20091859$762.6M19.9%−48.5%13F-HR
Q1 20092274$1.3B16.1%+80.5%13F-HR 13F-HR/A
Q4 200819840$779.8M27.6%−51.6%13F-HR 13F-HR/A
Q3 200851810$2.4B23.4%−20.1%13F-HR
Q2 2008531114$3.2B21.1%−23.8%13F-HR
Q1 200856928$4.3B24.6%−16.9%13F-HR
Q4 2007 *75711$5.7B15.6%+0.8%13F-HR
Q3 2007 *791226$5.6B24.3%+1.6%13F-HR
Q2 2007 *931412$5.4B7.7%+13.8%13F-HR
Q1 2007 *911017$4.4B16.8%−3.7%13F-HR
Q4 2006 *981610$4.5B13.9%−2.0%13F-HR
Q3 2006 *92619$4.2B18.6%+2.0%13F-HR
Q2 2006 *1051717$3.9B13.4%+12.4%13F-HR
Q1 2006 *1051314$3.6B11.8%+6.0%13F-HR
Q4 2005 *106917$3.3B15.3%−2.2%13F-HR
Q3 2005 *1141123$3.2B12.9%−5.0%13F-HR
Q2 2005 *1261514$3.3B10.4%+7.7%13F-HR
Q1 2005 *1251814$3.1B5.2%+11.2%13F-HR
Q4 2004 *1211726$2.8B16.1%+1.5%13F-HR
Q3 2004 *1301124$2.5B8.1%+45.7%13F-HR
Q2 2004 *143518$1.7B5.5%+43.5%13F-HR
Q1 2004 *1001620$1.2B18.8%+19.3%13F-HR
Q4 2003 *10400$974.0M——13F-HR
VI

Large Positions Sold Out

Positions that once made up 2% or more of the portfolio and were later sold out (latest 40): holding period and what became of the company, without profit or loss.

How to Read This

Sold out means the holding no longer appears on the 13F: it may have been sold, or the company was acquired or delisted. Company status is checked only for companies the giants together once held $100M or more of, from the company’s own SEC filings (for example 8-K item 1.03 = bankruptcy filing); a dash means not checked.

CompanyHeldPeak weightCompany since
AMTAmerican Tower CorpQ1 2016 – Q2 20265%—
TMOThermo Fisher Scientific IncQ3 2018 – Q2 20264%—
EFXEquifax IncQ4 2016 – Q2 20264%—
FLUTFlutter Entertainment plcQ2 2024 – Q2 20264%—
AONAon plcQ2 2020 – Q2 20263%—
IQVIQVIA Holdings IncQ1 2021 – Q2 20263%—
TMETencent Music Entertainment GroupQ2 2024 – Q2 20262%—
ADBEAdobe IncQ2 2022 – Q2 20262%—
ECLEcolab IncQ2 2012 – Q4 20258%—
ZTSZoetis IncQ4 2015 – Q4 20255%—
CDWCDW CorpQ4 2022 – Q4 20242%—
CACCCredit Acceptance CorpQ1 2012 – Q4 20242%—
TNETTrinet Group IncQ2 2016 – Q3 20243%Still filing with the SEC
—Ferguson Jersey LtdQ1 2023 – Q3 20243%—
VRSNVerisign IncQ3 2017 – Q2 20243%—
ADSKAutodesk, IncQ4 2019 – Q2 20243%Still filing with the SEC
BDXBecton Dickinson and CoQ4 2016 – Q1 20243%—
BCBrunswick CorpQ2 2019 – Q1 20243%—
WTWWillis Towers Watson PLCQ1 2016 – Q4 20236%—
FISFidelity National Information Services, IncQ1 2013 – Q1 202312%—
GOOGLAlphabet IncQ4 2015 – Q1 20236%—
METAMeta Platforms, IncQ1 2018 – Q4 20223%—
CTXSCitrix Systems IncQ1 2021 – Q4 20213%Acquired or delisted Oct 12, 2022
—Aon PLCQ4 2016 – Q2 20203%Still filing with the SEC
STSensata Technologies Holding plcQ1 2018 – Q1 20203%Still filing with the SEC
INTCIntel CorpQ2 2018 – Q2 20192%—
BIDUBaidu, IncQ3 2012 – Q1 201911%—
CMPRCimpress PLCQ4 2014 – Q1 20193%Still filing with the SEC
—Terminix Global Holdings IncQ1 2016 – Q4 20184%Acquired or delisted Oct 24, 2022
AGNAllergan Unltd CoQ2 2016 – Q3 20183%Acquired or delisted May 21, 2020
—Bitauto Holdings LtdQ3 2014 – Q2 20182%Acquired or delisted Nov 5, 2020
—Sensata Technologies HoldingQ3 2014 – Q1 20186%Still filing with the SEC
NXPINXP Semiconductors NVQ3 2016 – Q3 20174%—
HOGHarley-Davidson IncQ2 2013 – Q1 201710%—
ABEVAmbev SAQ3 2010 – Q4 20165%Still filing with the SEC
MSMMSC Industrial Direct CoQ4 2013 – Q4 20164%Still filing with the SEC
GWWW.W. GraingerQ3 2013 – Q2 20167%—
—Willis Towers Watson PLCQ3 2013 – Q1 20168%Still filing with the SEC
AXPAmerican Express CoQ1 2015 – Q1 20163%—
—Google LLCQ2 2014 – Q4 201512%Acquired or delisted Feb 12, 2016