13F HOLDINGS REPORT
FIDUCIARY MANAGEMENT INC /WI/
Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0000764532-25-000012
Total Value
$9.88B
Positions
68
Other Managers
0
Confidential Omitted
No
Holdings (68)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Aramark | ARMK | 12,370,241 | $475.0M | 4.81% |
| 2 | Ferguson Enterprises | FERG | 1,981,622 | $445.0M | 4.50% |
| 3 | Booking Holdings Inc | BKNG | 80,215 | $433.1M | 4.38% |
| 4 | Charles Schwab Corp | SCHW-PJ | 4,207,011 | $401.6M | 4.06% |
| 5 | Avery Dennison Corp. | AVY | 1,505,699 | $244.2M | 2.47% |
| 6 | Carrier Global | CARR | 3,773,058 | $225.3M | 2.28% |
| 7 | Becton Dickinson | BDX | 1,190,188 | $222.8M | 2.25% |
| 8 | Quest Diagnostics | DGX | 1,147,534 | $218.7M | 2.21% |
| 9 | Alphabet Inc - Cl A | GOOG | 868,089 | $211.0M | 2.14% |
| 10 | CSX Corp | CSX | 5,854,820 | $207.9M | 2.10% |
| 11 | Arrow Electronics Inc. | 042735100 | 1,692,696 | $204.8M | 2.07% |
| 12 | FirstCash Inc. | FCFS | 1,284,511 | $203.5M | 2.06% |
| 13 | Masco Corp | MAS | 2,889,862 | $203.4M | 2.06% |
| 14 | Donaldson Co. Inc. | DCI | 2,475,600 | $202.6M | 2.05% |
| 15 | Koninklijke Philips NV | RYLPF | 7,179,234 | $195.7M | 1.98% |
| 16 | Plexus Corp | PLXS | 1,351,362 | $195.5M | 1.98% |
| 17 | Sysco Corp. | SYY | 2,298,091 | $189.2M | 1.91% |
| 18 | Unilever PLC ADR | UNLYF | 3,158,201 | $187.2M | 1.89% |
| 19 | Berkshire Hath. Cl B | BRK-A | 371,441 | $186.7M | 1.89% |
| 20 | Carlisle Cos. Inc. | 142339100 | 565,068 | $185.9M | 1.88% |
| 21 | Gates Industrial | G39108108 | 7,403,548 | $183.8M | 1.86% |
| 22 | Primerica Inc. | PRI | 640,257 | $177.7M | 1.80% |
| 23 | CDW Corp | CDW | 1,112,998 | $177.3M | 1.79% |
| 24 | Sony Group Corp. | SNEJF | 6,057,058 | $174.4M | 1.76% |
| 25 | Zions Bancorporation | 989701107 | 3,029,289 | $171.4M | 1.73% |
| 26 | Valvoline Inc. | VVV | 4,751,721 | $170.6M | 1.73% |
| 27 | Simpson Mfg. Co. | 829073105 | 1,017,566 | $170.4M | 1.72% |
| 28 | OneMain Holdings | OMF | 2,975,007 | $168.0M | 1.70% |
| 29 | SLB | SLB | 4,769,217 | $163.9M | 1.66% |
| 30 | Henry Schein Inc. | HSIC | 2,440,339 | $162.0M | 1.64% |
| 31 | White Mountains Ins. | G9618E107 | 94,383 | $157.8M | 1.60% |
| 32 | Insight Enterprises | NSIT | 1,389,510 | $157.6M | 1.59% |
| 33 | Houlihan Lokey Inc. | HLI | 747,832 | $153.5M | 1.55% |
| 34 | AptarGroup Inc. | ATR | 1,142,890 | $152.8M | 1.55% |
| 35 | Genpact Ltd. | G | 3,633,725 | $152.2M | 1.54% |
| 36 | Capital One Financial | 14040H105 | 707,881 | $150.5M | 1.52% |
| 37 | UnitedHealth Group | UNH | 431,229 | $148.9M | 1.51% |
| 38 | Core & Main | CNM | 2,721,824 | $146.5M | 1.48% |
| 39 | CarMax Inc. | KMX | 3,249,561 | $145.8M | 1.48% |
| 40 | Fresenius Med. Care | FMCQF | 5,457,388 | $143.7M | 1.45% |
| 41 | Allegion PLC | ALLE | 788,748 | $139.9M | 1.42% |
| 42 | Dollar Tree | DLTR | 1,291,844 | $121.9M | 1.23% |
| 43 | Fortune Brands Innov. | FBIN | 2,273,636 | $121.4M | 1.23% |
| 44 | Hayward Holdings | HAYW | 8,026,486 | $121.4M | 1.23% |
| 45 | MSA Safety | MNESP | 634,194 | $109.1M | 1.10% |
| 46 | Progressive Corp. | 743315103 | 439,923 | $108.6M | 1.10% |
| 47 | Ryanair Holdings | RYAOF | 1,794,482 | $108.1M | 1.09% |
| 48 | Coca-Cola Europacific | CCEP | 1,160,136 | $104.9M | 1.06% |
| 49 | Cavco Industries | 149568107 | 171,225 | $99.4M | 1.01% |
| 50 | Icon Plc | ICLR | 560,938 | $98.2M | 0.99% |
| 51 | Blackrock Inc. | BLK | 82,198 | $95.8M | 0.97% |
| 52 | Louisiana-Pacific Corp. | LPX | 886,620 | $78.8M | 0.80% |
| 53 | BJ's Wholesale Club | 05550J101 | 765,260 | $71.4M | 0.72% |
| 54 | Robert Half Inc. | RHI | 1,870,678 | $63.6M | 0.64% |
| 55 | Applied Ind. Tech. | 03820C105 | 233,805 | $61.0M | 0.62% |
| 56 | nVent Electric PLC | NVT | 501,346 | $49.5M | 0.50% |
| 57 | CTS Corp | CTS | 1,177,781 | $47.0M | 0.48% |
| 58 | Sony Financial Group | 83571b100 | 1,202,716 | $6.7M | 0.07% |
| 59 | Weir Group PLC | G95248137 | 67,205 | $2.5M | 0.02% |
| 60 | Ashtead Group PLC | 045055100 | 6,553 | $1.8M | 0.02% |
| 61 | iShares MSCI World | 464286392 | 7,908 | $1.4M | 0.01% |
| 62 | Sodexo | 833792104 | 103,610 | $1.3M | 0.01% |
| 63 | B&M European Value | 05590Y100 | 58,884 | $828,203 | 0.01% |
| 64 | iShares Russell 2000 | 464287655 | 2,590 | $626,676 | 0.01% |
| 65 | iShares S&P 500 | 464287200 | 766 | $512,684 | 0.01% |
| 66 | Informa PLC | 45672B305 | 12,068 | $304,355 | 0.00% |
| 67 | Rexel | 761681105 | 6,741 | $220,835 | 0.00% |
| 68 | Edenred | 279655104 | 11,844 | $145,089 | 0.00% |