| Stock | % of portfolio | Activity | Shares | Value |
|---|---|---|---|---|
| CMGCHIPOTLE MEXICAN GRILL INC | 19.48% | Reduce 4.3% | 1,782,710 | $1.31B |
| QSRRESTAURANT BRANDS INTL INC | 16.21% | Reduce 14.7% | 15,641,065 | $1.09B |
| HLTHILTON WORLDWIDE HLDGS INC | 15.98% | — | 10,966,251 | $1.07B |
| LOWLOWES COS INC | 13.39% | Reduce 4.5% | 8,900,535 | $898M |
| SBUXSTARBUCKS CORP | 11.64% | Reduce 6.8% | 9,313,890 | $781M |
| BRK/BBERKSHIRE HATHAWAY INC DEL | 11.16% | NEW | 3,512,997 | $749M |
| ADPAUTOMATIC DATA PROCESSING IN | 9.93% | — | 4,029,526 | $666M |
| HHC*HOWARD HUGHES CORP | 2.21% | — | 1,194,793 | $148M |