Cantillon Capital

Q1 2021 13F · by William von Mueffling, CEO

As of: Mar 31, 2021
Filed: May 3, 2021
US stock: $13.7B · prev $13.3B
Positions: 39 · prev 36
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 100.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves39 since the prior filing

+5.0 pp in · −5.1 pp out

New 3 +4.81 pp
Added 1 +0.23 pp
Trimmed 35 −5.07 pp
Exited 0 0.00 pp

The book

Focused · behaves like 32 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 21% a year, about 4.7 years per position

Low
Moderate
High

Top 5 positions23% of US stock

Positions39 in this filing · 0 exited


SPGIS&P Global Inc.	6.16%	2,396,701	$846M	trimmed−8%	−0.24 pp	20 q
GOOGLAlphabet Inc. Class A	4.83%	321,603	$663M	trimmed−4%	+0.44 pp	22 q
FISFidelity National Information Services, Inc.	3.98%	3,891,313	$547M	trimmed−4%	−0.30 pp	32 q
ADIAnalog Devices, Inc.	3.95%	3,502,546	$543M	trimmed−29%	−1.49 pp	32 q
VVISA Inc.	3.83%	2,485,235	$526M	trimmed−3%	−0.39 pp	22 q
AVGOBroadcom Inc.	3.76%	1,113,059	$516M	trimmed−4%	−0.03 pp	12 q
AMATApplied Materials Inc	3.67%	3,776,538	$505M	trimmed−3%	+1.15 pp	5 q
AAgilent Technologies Inc.	3.46%	3,737,259	$475M	trimmed−9%	−0.18 pp	22 q
AMTAmerican Tower Corporation	3.46%	1,989,472	$476M	trimmed−4%	−0.02 pp	21 q
ICEIntercontinental Exchange Inc.	3.45%	4,244,417	$474M	trimmed−4%	−0.36 pp	26 q
TSMTaiwan Semiconductor Manufacturing Company Ltd.	3.11%	3,616,582	$428M	trimmed−4%	+0.04 pp	15 q
TMOThermo Fisher Scientific, Inc.	3.09%	929,404	$424M	trimmed−4%	−0.28 pp	11 q
ECLEcolab, Inc.	3.02%	1,938,827	$415M	trimmed−11%	−0.53 pp	32 q
WTWWillis Towers Watson Public Limited Company	2.99%	1,795,686	$411M	trimmed−23%	−0.70 pp	21 q
EFXEquifax, Incorporated	2.90%	2,201,794	$399M	trimmed−4%	−0.40 pp	18 q
CBRECbre Group, Inc.	2.76%	4,792,603	$379M	trimmed−28%	−0.38 pp	21 q
BCBrunswick Corporation	2.74%	3,942,544	$376M	trimmed−4%	+0.40 pp	8 q
ZTSZoetis Inc.	2.73%	2,381,198	$375M	trimmed−18%	−0.88 pp	22 q
CTXSCitrix Systems Inc	2.68%	2,619,215	$368M	new	+2.68 pp	new
VRSNVeriSign Inc	2.62%	1,811,632	$360M	added+23%	+0.23 pp	15 q
CMECME Group Inc.	2.61%	1,758,889	$359M	trimmed−3%	+0.13 pp	26 q
ADSKAutodesk Inc	2.49%	1,233,318	$342M	trimmed−4%	−0.44 pp	6 q
AONAon plc Class A	2.24%	1,336,974	$308M	trimmed−4%	+0.04 pp	4 q
TNETTrinet Group, Inc.	2.19%	3,863,446	$301M	trimmed−4%	−0.23 pp	20 q
FASTFastenal Co	2.16%	5,912,354	$297M	trimmed−3%	−0.08 pp	12 q
METAMeta Platforms, Inc. Class A	2.10%	978,982	$288M	trimmed−4%	+0.01 pp	13 q
GOOGAlphabet Inc. Class C	2.08%	138,047	$286M	trimmed−18%	−0.12 pp	28 q
BDXBecton, Dickinson and Co.	2.04%	1,150,038	$280M	trimmed−3%	−0.19 pp	18 q
SSNCSS&C Technologies Inc	2.02%	3,969,825	$277M	trimmed−3%	−0.22 pp	19 q
ENTGEntegris Inc	1.82%	2,237,448	$250M	trimmed−14%	−0.06 pp	7 q
IQVIQVIA Holdings Inc.	1.34%	953,595	$184M	new	+1.34 pp	new
IBKRInteractive Brokers Group, Inc. Class A	1.27%	2,397,278	$175M	trimmed−3%	+0.14 pp	16 q
MCOMoody's Corporation	1.24%	569,454	$170M	trimmed−4%	−0.05 pp	10 q
MSFTMicrosoft Corp	1.10%	642,731	$152M	trimmed−3%	−0.01 pp	5 q
PRIPrimerica, Inc.	1.09%	1,008,794	$149M	trimmed−3%	+0.04 pp	20 q
AWIArmstrong World Industries, Inc.	0.80%	1,214,023	$109M	trimmed−3%	+0.11 pp	12 q
NLSNNielsen Holdings PLC	0.79%	4,331,115	$109M	new	+0.79 pp	new
CACCCredit Acceptance Corp	0.73%	277,975	$100M	trimmed−2%	−0.01 pp	32 q
GRAW.R. Grace & Co.	0.69%	1,583,141	$95M	trimmed−3%	+0.02 pp	5 q