Cantillon Capital

Q2 2021 13F · by William von Mueffling, CEO

As of: Jun 30, 2021
Filed: Jul 27, 2021
US stock: $14.8B · prev $13.7B
Positions: 38 · prev 39
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

+1.4 pp in · −1.4 pp out

New 0 0.00 pp
Added 4 +1.41 pp
Trimmed 34 −0.73 pp
Exited 1 −0.69 pp

The book

Focused · behaves like 32 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 6.2% a year, about 16.2 years per position

Low
Moderate
High

Top 5 positions23% of US stock

Positions38 in this filing · 1 exited


SPGIS&P Global Inc.	6.54%	2,367,081	$972M	trimmed−1%	+0.38 pp	21 q
GOOGLAlphabet Inc. Class A	5.22%	317,231	$775M	trimmed−1%	+0.39 pp	23 q
ADIAnalog Devices, Inc.	4.02%	3,462,813	$596M	trimmed−1%	+0.07 pp	33 q
VVISA Inc.	3.87%	2,454,639	$574M	trimmed−1%	+0.04 pp	23 q
AAgilent Technologies Inc.	3.67%	3,686,433	$545M	trimmed−1%	+0.21 pp	23 q
FISFidelity National Information Services, Inc.	3.67%	3,845,886	$545M	trimmed−1%	−0.31 pp	33 q
AMTAmerican Tower Corporation	3.58%	1,967,250	$531M	trimmed−1%	+0.12 pp	22 q
AMATApplied Materials Inc	3.58%	3,731,428	$531M	trimmed−1%	−0.09 pp	6 q
AVGOBroadcom Inc.	3.53%	1,099,192	$524M	trimmed−1%	−0.23 pp	13 q
EFXEquifax, Incorporated	3.49%	2,165,578	$519M	trimmed−2%	+0.59 pp	19 q
ICEIntercontinental Exchange Inc.	3.36%	4,200,587	$499M	trimmed−1%	−0.09 pp	27 q
TMOThermo Fisher Scientific, Inc.	3.11%	916,670	$462M	trimmed−1%	+0.02 pp	12 q
TSMTaiwan Semiconductor Manufacturing Company Ltd.	2.89%	3,575,182	$430M	trimmed−1%	−0.22 pp	16 q
METAMeta Platforms, Inc. Class A	2.85%	1,218,270	$424M	added+24%	+0.75 pp	14 q
ZTSZoetis Inc.	2.82%	2,243,767	$418M	trimmed−6%	+0.09 pp	23 q
VRSNVeriSign Inc	2.74%	1,788,838	$407M	trimmed−1%	+0.12 pp	16 q
CBRECbre Group, Inc.	2.70%	4,680,055	$401M	trimmed−2%	−0.06 pp	22 q
ECLEcolab, Inc.	2.66%	1,915,563	$395M	trimmed−1%	−0.36 pp	33 q
WTWWillis Towers Watson Public Limited Company	2.63%	1,696,388	$390M	trimmed−6%	−0.36 pp	22 q
BCBrunswick Corporation	2.62%	3,897,669	$388M	trimmed−1%	−0.12 pp	9 q
CMECME Group Inc.	2.49%	1,737,140	$369M	trimmed−1%	−0.12 pp	27 q
ADSKAutodesk Inc	2.39%	1,217,702	$355M	trimmed−1%	−0.10 pp	7 q
GOOGAlphabet Inc. Class C	2.30%	136,496	$342M	trimmed−1%	+0.22 pp	29 q
AONAon plc Class A	2.12%	1,316,431	$314M	trimmed−2%	−0.12 pp	5 q
CTXSCitrix Systems Inc	2.07%	2,620,006	$307M	added0%	−0.61 pp	2 q
FASTFastenal Co	2.04%	5,819,233	$303M	trimmed−2%	−0.12 pp	13 q
SSNCSS&C Technologies Inc	1.90%	3,921,750	$283M	trimmed−1%	−0.12 pp	20 q
IQVIQVIA Holdings Inc.	1.87%	1,147,900	$278M	added+20%	+0.53 pp	2 q
BDXBecton, Dickinson and Co.	1.86%	1,138,225	$277M	trimmed−1%	−0.18 pp	19 q
TNETTrinet Group, Inc.	1.86%	3,819,059	$277M	trimmed−1%	−0.33 pp	21 q
MSFTMicrosoft Corp	1.84%	1,007,149	$273M	added+57%	+0.74 pp	6 q
ENTGEntegris Inc	1.83%	2,213,895	$272M	trimmed−1%	+0.01 pp	8 q
MCOMoody's Corporation	1.37%	563,004	$204M	trimmed−1%	+0.13 pp	11 q
IBKRInteractive Brokers Group, Inc. Class A	1.04%	2,359,066	$155M	trimmed−2%	−0.23 pp	17 q
PRIPrimerica, Inc.	1.03%	997,734	$153M	trimmed−1%	−0.06 pp	21 q
AWIArmstrong World Industries, Inc.	0.87%	1,203,429	$129M	trimmed−1%	+0.07 pp	13 q
CACCCredit Acceptance Corp	0.84%	275,269	$125M	trimmed−1%	+0.11 pp	33 q
NLSNNielsen Holdings PLC	0.71%	4,273,200	$105M	trimmed−1%	−0.08 pp	2 q
GRAW.R. Grace & Co.	—	−1,583,141	—	exited	−0.69 pp	—