Asset manager

Select Equity Group, L.P.

13F for the quarter to June 30, 2026, filed August 14, 2026 · SEC CIK 1592643

Reported value: $18.9bn
Positions we cover: 138
Copy, a year: +10.8%
Copy Sharpe ratio: 0.52

How copying its 13F would have done

CopyS&P 500 $10,000 copying Select Equity Group, L.P.'s filed holdings in companies we cover from February 21, 2014, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −37.7% (S&P 500 −31.8%); beta 1.10; alpha −3.2% a year (t = −1.46); last 12 months +5.3% against +12.1%.

Reported value by quarter

Select Equity Group, L.P.: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).

View chart data

Period	Reported value
2013-12-31	$8.8T
2014-03-31	$9.1T
2014-06-30	$9.5T
2014-09-30	$9.1T
2014-12-31	$10.4T
2015-03-31	$10.8T
2015-06-30	$10.7T
2015-09-30	$10.3T
2015-12-31	$10.3T
2016-03-31	$11.8T
2016-06-30	$11.2T
2016-09-30	$11.6T
2016-12-31	$11.8T
2017-03-31	$13.4T
2017-06-30	$13.8T
2017-09-30	$12.7T
2017-12-31	$12.3T
2018-03-31	$11.9T
2018-06-30	$12.1T
2018-09-30	$12.9T
2018-12-31	$12.5T
2019-03-31	$14.1T
2019-06-30	$13.8T
2019-09-30	$13.8T
2019-12-31	$14.7T
2020-03-31	$14T
2020-06-30	$17.2T
2020-09-30	$20.3T
2020-12-31	$24.3T
2021-03-31	$27.4T
2021-06-30	$29.2T
2021-09-30	$29.8T
2021-12-31	$33.7B
2022-03-31	$30.7B
2022-06-30	$26.8B
2022-09-30	$24.1B
2022-12-31	$25.7T
2023-03-31	$26.5B
2023-06-30	$26.6B
2023-09-30	$24.2B
2023-12-31	$27.1B
2024-03-31	$27.7B
2024-06-30	$25.2B
2024-09-30	$27.4B
2024-12-31	$24.5B
2025-03-31	$22.4B
2025-06-30	$23.5B
2025-09-30	$23.4B
2025-12-31	$21.5B
2026-03-31	$18.8B
2026-06-30	$18.9B

Holdings and moves

Company	Share of portfolio	Value	Shares	Change in shares
VIKViking Holdings Ltd	4.77%	$900.3m	8.60M	−20.4% Reduced
LYVLive Nation Entertainment	4.39%	$828.4m	4.52M	−15.4% Reduced
SGISomnigroup International Inc.	3.70%	$697.2m	8.89M	−4.1% Reduced
ITTITT Inc.	3.63%	$685.5m	3.47M	−11.4% Reduced
WABWabtec	3.46%	$652.9m	2.42M	−17.2% Reduced
MKLMarkel Group Inc.	3.43%	$647.8m	331.7K	−12.2% Reduced
MLMMartin Marietta Materials	3.09%	$583.2m	1.01M	−2.1% Reduced
LHLabcorp	2.94%	$554.9m	1.98M	−8.9% Reduced
CRHCRH plc	2.60%	$489.8m	4.58M	−5.8% Reduced
TSMTaiwan Semiconductor Manufacturing Co LTD	2.59%	$489.1m	1.02M	−0.4%
TDGTransDigm Group	2.49%	$470.5m	353.2K	+636.8% Added
ENTGEntegris Inc	2.38%	$448.6m	2.49M	+144.3% Added
NDAQNasdaq, Inc.	2.36%	$445.0m	5.65M	+1.5% Added
HUBBHubbell Incorporated	2.32%	$437.0m	835.3K	+123.1% Added
STESteris	2.12%	$399.0m	1.89M	−11.6% Reduced
ALCAlcon Inc	2.07%	$390.3m	5.77M	+1.6% Added
CPCanadian Pacific Kansas City LTD	2.00%	$376.8m	4.35M	−12.3% Reduced
VVisa Inc.	1.89%	$355.8m	1.04M	+35.8% Added
EMEEmcor	1.85%	$348.4m	419.8K	−24.5% Reduced
BWXTBWX Technologies, Inc.	1.76%	$331.7m	1.70M	+134.6% Added
BROBrown & Brown	1.66%	$313.9m	4.89M	−39.0% Reduced
CNMCore & Main, Inc.	1.49%	$281.8m	5.84M	−19.5% Reduced
NVDANVIDIA Corporation	1.48%	$279.5m	1.40M	+54.6% Added
PKGPackaging Corporation of America	1.42%	$267.0m	1.12M	+9.5% Added
TRMBTrimble Inc.	1.38%	$260.0m	5.08M	−9.4% Reduced
SCIService Corp International	1.34%	$252.7m	3.33M	−45.6% Reduced
SPOTSpotify Technology S.a.	1.31%	$246.5m	536.8K	+46.7% Added
CPAYCorpay	1.27%	$239.2m	717.6K	−32.6% Reduced
PAYXPaychex	1.21%	$228.1m	2.32M	−36.8% Reduced
AMZNAmazon	1.18%	$222.2m	932.3K	+185.8% Added
APHAmphenol	1.17%	$220.4m	1.25M	+4.2% Added
CLHClean Harbors Inc	1.15%	$217.6m	728.4K	−35.6% Reduced
CHRWC.H. Robinson	1.14%	$215.7m	1.15M	−41.6% Reduced
SIGSignet Jewelers LTD	1.11%	$210.1m	2.44M	−25.6% Reduced
INTCIntel	1.11%	$209.9m	1.50M	+4.4% Added
ROLRollins, Inc.	0.95%	$178.8m	4.28M	−10.1% Reduced
TMOThermo Fisher Scientific	0.94%	$176.8m	352.7K	+17.8% Added
CAECAE Inc	0.93%	$175.7m	7.02M	−14.9% Reduced
WDAYWorkday, Inc.	0.86%	$163.1m	1.33M	+104.0% Added
VRSKVerisk Analytics, Inc.	0.84%	$158.0m	879.9K	+109.1% Added
FWONKLiberty Media Corp	0.81%	$152.0m	1.60M	+26.6% Added
TSCOTractor Supply	0.73%	$137.1m	4.34M	−67.4% Reduced
APOApollo Global Management	0.72%	$136.6m	1.15M	+26.3% Added
CRMSalesforce	0.69%	$129.8m	828.6K	+65.1% Added
MSFTMicrosoft Corporation	0.68%	$128.7m	345.2K	+64.7% Added
CRCrane Co	0.68%	$127.5m	571.4K	−7.2% Reduced
SPGIS&P Global	0.53%	$99.6m	244.6K	+131.7% Added
MIDDMiddleby Corp	0.52%	$97.8m	568.6K	−62.1% Reduced
TDYTeledyne Technologies	0.52%	$97.8m	146.6K	−26.3% Reduced
AVGOBroadcom	0.52%	$97.1m	257.1K	+27.6% Added
DSGXDescartes Systems Group Inc	0.47%	$89.4m	1.29M	+19.5% Added
FNVFranco Nevada Corp	0.46%	$86.9m	416.5K	+0.2%
JOEST JOE Co	0.45%	$84.0m	1.34M	+5.2% Added
DKSDick's Sporting Goods, Inc.	0.42%	$79.7m	351.4K	−36.9% Reduced
ECLEcolab	0.41%	$76.9m	276.0K	New
FTVFortive	0.39%	$74.3m	1.22M	−29.0% Reduced
CHEFChefs' Warehouse, Inc.	0.39%	$73.6m	765.4K	+38.7% Added
LTHLife Time Group Holdings, Inc.	0.37%	$70.6m	1.73M	New
AAgilent Technologies	0.36%	$68.4m	515.1K	+146.1% Added
QXOQXO, Inc.	0.35%	$66.7m	3.86M	+48.6% Added
OSWOnespaworld Holdings Ltd	0.32%	$60.8m	2.15M	+29.5% Added
CWSTCasella Waste Systems Inc	0.29%	$54.6m	563.0K	+43.6% Added
DHRDanaher Corporation	0.27%	$50.9m	267.2K	+6.2% Added
ESEEsco Technologies Inc	0.25%	$48.0m	137.0K	+190.0% Added
CSWCSW Industrials, Inc.	0.25%	$47.8m	171.6K	+51.3% Added
FORMFormfactor Inc	0.24%	$45.7m	285.7K	+11.0% Added
CDWCDW Corporation	0.23%	$44.2m	314.5K	−73.7% Reduced
KEXKirby Corp	0.22%	$41.3m	304.1K	−19.1% Reduced
LINDLindblad Expeditions Holdings, Inc.	0.22%	$41.0m	1.45M	+37.3% Added
USLMUnited States Lime & Minerals Inc	0.21%	$39.8m	380.6K	−6.2% Reduced
WSMWilliams-Sonoma, Inc.	0.20%	$37.7m	161.8K	−30.6% Reduced
MKCMcCormick & Company	0.20%	$37.1m	735.6K	New
POOLPool Corp	0.18%	$34.3m	159.8K	New
SOLSSolstice Advanced Materials Inc.	0.18%	$34.1m	384.4K	New
CDRECadre Holdings, Inc.	0.18%	$33.7m	1.18M	+57.9% Added
SHOPShopify Inc.	0.18%	$33.3m	291.8K	+23.8% Added
ZWSZurn Elkay Water Solutions Corp	0.17%	$33.0m	653.2K	+52.2% Added
FELEFranklin Electric Co Inc	0.17%	$32.4m	302.7K	+43.3% Added
MYRGMYR Group Inc.	0.17%	$32.3m	64.6K	+26.2% Added
KAIKadant Inc	0.17%	$31.9m	101.6K	+14.6% Added
FPSForgent Power Solutions, Inc.	0.16%	$30.4m	544.3K	+47.8% Added
BMIBadger Meter Inc	0.16%	$29.6m	199.3K	+117.0% Added
MIRMirion Technologies, Inc.	0.15%	$28.3m	1.58M	+49.3% Added
ECGEverus Construction Group, Inc.	0.15%	$27.9m	168.2K	+47.7% Added
LOARLoar Holdings Inc.	0.14%	$27.4m	340.0K	+67.0% Added
ADEAAdeia Inc.	0.14%	$26.4m	803.2K	+56.4% Added
ALKTAlkami Technology, Inc.	0.14%	$26.3m	1.45M	+47.4% Added
ALHAlliance Laundry Holdings Inc.	0.13%	$23.8m	898.1K	+58.6% Added
APGApi Group Corp	0.13%	$23.8m	560.8K	−23.0% Reduced
BOOTBoot Barn Holdings, Inc.	0.13%	$23.7m	144.5K	+56.5% Added
MCOMoody's Corporation	0.13%	$23.6m	52.1K	+5.1% Added
MSCIMSCI	0.13%	$23.5m	42.0K	+7.1% Added
OUTOutfront Media Inc.	0.12%	$22.3m	680.9K	+47.8% Added
LAMRLamar Advertising Co	0.12%	$21.9m	140.4K	−70.2% Reduced
ALRMAlarm.com Holdings, Inc.	0.11%	$21.6m	462.0K	+17.8% Added
WINAWinmark Corp	0.11%	$21.5m	50.9K	+67.5% Added
UNPUnion Pacific Corporation	0.11%	$21.5m	79.1K	−36.4% Reduced
CARGCargurus, Inc.	0.11%	$20.7m	606.3K	+32.0% Added
WAYWaystar Holding Corp.	0.11%	$20.6m	1.00M	+8.7% Added
MRCYMercury Systems Inc	0.11%	$20.2m	165.3K	+98.0% Added
NKENike, Inc.	0.10%	$19.5m	475.4K	+5.7% Added
GFSGlobalfoundries Inc.	0.10%	$19.1m	231.8K	+20.7% Added
LQDTLiquidity Services Inc	0.10%	$19.0m	484.8K	+4.9% Added
NPNeptune Insurance Holdings Inc.	0.10%	$18.5m	588.8K	+127.6% Added
METAMeta Platforms	0.09%	$17.6m	31.3K	+8.7% Added
LMATLemaitre Vascular Inc	0.09%	$17.4m	181.0K	+80.2% Added
TFXTeleflex Inc	0.09%	$17.3m	136.8K	+951.5% Added
NIQNIQ Global Intelligence plc	0.09%	$16.7m	1.78M	−25.5% Reduced
CDNLCardinal Infrastructure Group Inc.	0.09%	$16.5m	174.7K	New
CLBTCellebrite DI Ltd.	0.09%	$16.1m	1.11M	+37.5% Added
ARESAres Management	0.08%	$14.3m	128.7K	−12.5% Reduced
GEGE Aerospace	0.07%	$14.0m	37.6K	−4.3% Reduced
ALLEAllegion	0.07%	$13.7m	97.2K	New
OCTVOctave Intelligence plc	0.07%	$12.8m	784.9K	New
FAFFirst American Financial Corp	0.06%	$11.5m	168.2K	New
UBERUber	0.06%	$11.4m	158.1K	+37.1% Added
MTDMettler Toledo	0.06%	$10.8m	8.5K	−16.6% Reduced
COHRCoherent Corp.	0.06%	$10.8m	27.4K	+322.7% Added
HONAHoneywell Aerospace	0.06%	$10.8m	48.8K	New
NPOEnpro Inc.	0.06%	$10.5m	27.9K	New
ARXSArxis, Inc.	0.05%	$10.0m	216.7K	New
NOVTNovanta Inc	0.05%	$9.9m	60.7K	New
MHKMohawk Industries Inc	0.05%	$9.0m	74.1K	New
TRUTransunion	0.04%	$8.0m	110.5K	−12.4% Reduced
AROCArchrock, Inc.	0.04%	$7.5m	184.3K	New
KRMNKarman Holdings Inc.	0.03%	$6.4m	128.5K	+254.1% Added
PTONPeloton Interactive, Inc.	0.03%	$5.9m	998.1K	−44.8% Reduced
DPCDPC Holdings PLC	0.02%	$3.7m	75.0K	New
ROPRoper Technologies	0.01%	$2.7m	8.1K	New
PTLOPortillo's Inc.	0.00%	$663,766	140.0K	−87.9% Reduced
FBINFortune Brands Innovations, Inc.	0.00%	$39,418	718	−99.9% Reduced
GOOGLAlphabet Inc. (Class A)	0.00%	$12,865	36	+38.5% Added
RBLXRoblox Corp	0.00%	$11,202	206	+1484.6% Added
PIIPolaris Inc.	0.00%	$10,198	149	−52.1% Reduced
NETCloudflare, Inc.	0.00%	$9,321	38	−100.0% Reduced
VFCVF Corporation	0.00%	$5,421	325	−34.7% Reduced
BEBloom Energy	0.00%	$3,027	10	−44.4% Reduced
ONONOn Holding AG	0.00%	$2,267	64	−100.0% Reduced

Company	Bought (value)	Shares
TDGTransDigm Group	$406.7m	305.3K
ENTGEntegris Inc	$264.9m	1.47M
HUBBHubbell Incorporated	$241.2m	460.9K
BWXTBWX Technologies, Inc.	$190.3m	977.6K
AMZNAmazon	$144.4m	606.1K
NVDANVIDIA Corporation	$98.7m	493.4K
VVisa Inc.	$93.8m	273.5K
WDAYWorkday, Inc.	$83.1m	679.0K
VRSKVerisk Analytics, Inc.	$82.4m	459.0K
SPOTSpotify Technology S.a.	$78.5m	171.0K
ECLEcolab	$76.9m	276.0K
LTHLife Time Group Holdings, Inc.	$70.6m	1.73M
SPGIS&P Global	$56.6m	139.0K
CRMSalesforce	$51.2m	326.8K
MSFTMicrosoft Corporation	$50.6m	135.6K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
TSCOTractor Supply	−$283.2m	−8.96M
VIKViking Holdings Ltd	−$230.4m	−2.20M
SCIService Corp International	−$211.7m	−2.79M
NETCloudflare, Inc.	−$209.7m	−854.9K
BROBrown & Brown	−$200.8m	−3.13M
MIDDMiddleby Corp	−$160.3m	−931.8K
CHRWC.H. Robinson	−$153.9m	−817.2K
LYVLive Nation Entertainment	−$150.3m	−820.6K
PWRQuanta Services	−$144.8m	−263.8K
WABWabtec	−$135.4m	−502.1K
PAYXPaychex	−$132.7m	−1.35M
CDWCDW Corporation	−$123.9m	−881.3K
CLHClean Harbors Inc	−$120.5m	−403.2K
CPAYCorpay	−$115.4m	−346.3K
EMEEmcor	−$112.9m	−136.0K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
PWRQuanta Services	$144.8m	263.8K
MORNMorningstar, Inc.	$107.8m	637.7K
GRMNGarmin	$83.9m	361.6K
INTUIntuit	$60.8m	140.7K
TECHBio-Techne	$37.1m	709.8K
CTASCintas	$26.6m	157.5K
IRDMIridium Communications Inc.	$26.1m	942.5K
NOWServiceNow	$23.6m	225.4K
WTMWhite Mountains Insurance Group LTD	$23.2m	10.6K
SSDSimpson Manufacturing Co., Inc.	$21.0m	122.5K
MLABMesa Laboratories Inc	$20.9m	235.9K
CINFCincinnati Financial	$19.8m	125.9K
VRRMVerra Mobility Corp	$13.6m	951.2K
BIOBio-rad Laboratories, Inc.	$13.5m	48.4K
IDXXIdexx Laboratories	$9.6m	17.1K
CNHCNH Industrial N.V.	$8.7m	787.1K
CASYCasey's	$5.1m	7.0K
BLBlackline, Inc.	$4.2m	112.3K
ERIIEnergy Recovery, Inc.	$4.0m	394.2K
CERTCertara, Inc.	$3.5m	613.9K
SAPSAP SE	$2.6m	15.4K
KKRKKR & Co.	$2.5m	26.6K
SPSCSPS Commerce Inc	$2.3m	41.9K
CRDOCredo Technology Group Holding Ltd	$1.9m	20.0K
QCOMQualcomm	$1.7m	13.3K
VEEVVeeva Systems Inc	$1.6m	8.9K
LSCCLattice Semiconductor Corp	$1.0m	11.3K
CIENCiena	$1.0m	2.6K
SWKSSkyworks Solutions, Inc.	$822,046	15.4K
CSGPCoStar Group	$30,941	767

Industrials30.9%
Technology15.8%
Consumer Discretionary15.1%
Financials12.5%
Health Care9.1%
Materials8.4%
Communication Services6.8%
Real Estate0.7%
Consumer Staples0.6%
Energy0.0%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestFebruary 21, 2014 to November 2, 2026	+10.8%	+13.7%	0.52	0.75	−37.7%	1.10
2018 onwardsJanuary 5, 2018 to November 2, 2026	+9.9%	+13.9%	0.42	0.66	−37.7%	1.11
Last three yearsNovember 3, 2023 to November 2, 2026	+14.7%	+21.8%	0.64	1.16	−18.5%	0.97
Last yearNovember 7, 2025 to November 2, 2026	+6.6%	+14.2%	0.25	0.84	−10.6%	0.69

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.