Cantillon Capital

Q3 2021 13F · by William von Mueffling, CEO

As of: Sep 30, 2021
Filed: Oct 26, 2021
US stock: $14.7B · prev $14.8B
Positions: 37 · prev 38
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%

Moves38 since the prior filing

0.0 pp in · −0.0 pp out

New 0 0.00 pp
Added 1 +0.04 pp
Trimmed 36 +0.68 pp
Exited 1 −0.71 pp

The book

Focused · behaves like 31 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 0.5% a year, more than 30 years per position

Low
Moderate
High

Top 5 positions24% of US stock

SPGI S&P Global Inc. trimmed+0.20 pp trimmed+0.206.7%
GOOGL Alphabet Inc. Class A trimmed+0.47 pp trimmed+0.475.7%
A Agilent Technologies Inc. trimmed+0.23 pp trimmed+0.233.9%
ADI Analog Devices, Inc. trimmed−0.13 pp trimmed−0.133.9%
EFX Equifax, Incorporated trimmed+0.19 pp trimmed+0.193.7%

Positions37 in this filing · 1 exited


SPGIS&P Global Inc.	6.74%	2,327,426	$989M	trimmed−2%	+0.20 pp	22 q
GOOGLAlphabet Inc. Class A	5.69%	311,989	$834M	trimmed−2%	+0.47 pp	24 q
AAgilent Technologies Inc.	3.90%	3,628,722	$572M	trimmed−2%	+0.23 pp	24 q
ADIAnalog Devices, Inc.	3.89%	3,403,479	$570M	trimmed−2%	−0.13 pp	34 q
EFXEquifax, Incorporated	3.68%	2,130,761	$540M	trimmed−2%	+0.19 pp	20 q
VVISA Inc.	3.67%	2,413,372	$538M	trimmed−2%	−0.20 pp	24 q
AVGOBroadcom Inc.	3.58%	1,082,706	$525M	trimmed−2%	+0.05 pp	14 q
TMOThermo Fisher Scientific, Inc.	3.51%	901,211	$515M	trimmed−2%	+0.40 pp	13 q
AMTAmerican Tower Corporation	3.50%	1,934,586	$513M	trimmed−2%	−0.08 pp	23 q
ICEIntercontinental Exchange Inc.	3.24%	4,134,701	$475M	trimmed−2%	−0.12 pp	28 q
AMATApplied Materials Inc	3.22%	3,668,926	$472M	trimmed−2%	−0.36 pp	7 q
FISFidelity National Information Services, Inc.	3.14%	3,787,345	$461M	trimmed−2%	−0.53 pp	34 q
CBRECbre Group, Inc.	3.05%	4,596,661	$448M	trimmed−2%	+0.35 pp	23 q
ZTSZoetis Inc.	2.92%	2,206,564	$428M	trimmed−2%	+0.10 pp	24 q
METAMeta Platforms, Inc. Class A	2.77%	1,198,787	$407M	trimmed−2%	−0.08 pp	15 q
ECLEcolab, Inc.	2.68%	1,882,356	$393M	trimmed−2%	+0.02 pp	34 q
TSMTaiwan Semiconductor Manufacturing Company Ltd.	2.68%	3,516,896	$393M	trimmed−2%	−0.21 pp	17 q
BCBrunswick Corporation	2.66%	4,098,379	$390M	added+5%	+0.04 pp	10 q
WTWWillis Towers Watson Public Limited Company	2.64%	1,668,708	$388M	trimmed−2%	+0.01 pp	23 q
AONAon plc Class A	2.52%	1,293,142	$370M	trimmed−2%	+0.40 pp	6 q
VRSNVeriSign Inc	2.46%	1,760,022	$361M	trimmed−2%	−0.28 pp	17 q
GOOGAlphabet Inc. Class C	2.44%	134,425	$358M	trimmed−2%	+0.14 pp	30 q
TNETTrinet Group, Inc.	2.42%	3,760,211	$356M	trimmed−2%	+0.56 pp	22 q
ADSKAutodesk Inc	2.33%	1,198,122	$342M	trimmed−2%	−0.06 pp	8 q
CMECME Group Inc.	2.26%	1,710,603	$331M	trimmed−2%	−0.23 pp	28 q
FASTFastenal Co	2.02%	5,727,645	$296M	trimmed−2%	−0.02 pp	14 q
MSFTMicrosoft Corp	1.90%	988,417	$279M	trimmed−2%	+0.06 pp	7 q
CTXSCitrix Systems Inc	1.89%	2,583,172	$277M	trimmed−1%	−0.18 pp	3 q
BDXBecton, Dickinson and Co.	1.87%	1,118,342	$275M	trimmed−2%	+0.01 pp	20 q
ENTGEntegris Inc	1.87%	2,181,573	$275M	trimmed−1%	+0.04 pp	9 q
IQVIQVIA Holdings Inc.	1.84%	1,128,213	$270M	trimmed−2%	−0.03 pp	3 q
SSNCSS&C Technologies Inc	1.82%	3,841,840	$267M	trimmed−2%	−0.08 pp	21 q
MCOMoody's Corporation	1.34%	552,503	$196M	trimmed−2%	−0.03 pp	12 q
CACCCredit Acceptance Corp	1.07%	268,874	$157M	trimmed−2%	+0.23 pp	34 q
PRIPrimerica, Inc.	1.02%	975,320	$150M	trimmed−2%	−0.01 pp	22 q
IBKRInteractive Brokers Group, Inc. Class A	0.99%	2,325,818	$145M	trimmed−1%	−0.05 pp	18 q
AWIArmstrong World Industries, Inc.	0.77%	1,178,741	$113M	trimmed−2%	−0.10 pp	14 q
NLSNNielsen Holdings PLC	—	−4,273,200	—	exited	−0.71 pp	—