13F HOLDINGS REPORT
FIDUCIARY MANAGEMENT INC /WI/
Quarter ended Q4 2025 · Filed February 11, 2026 · Accession 0000764532-26-000002
Total Value
$9.09B
Positions
67
Other Managers
0
Confidential Omitted
No
Holdings (67)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Aramark | ARMK | 11,476,736 | $423.0M | 4.65% |
| 2 | Booking Holdings Inc | BKNG | 73,097 | $391.5M | 4.30% |
| 3 | Charles Schwab Corp | SCHW-PJ | 3,872,312 | $386.9M | 4.25% |
| 4 | Ferguson Enterprises | FERG | 1,486,106 | $330.9M | 3.64% |
| 5 | Avery Dennison Corp. | AVY | 1,400,814 | $254.8M | 2.80% |
| 6 | Alphabet Inc - Cl A | GOOG | 802,679 | $251.2M | 2.76% |
| 7 | Becton Dickinson | BDX | 1,103,441 | $214.1M | 2.35% |
| 8 | Carrier Global | CARR | 3,972,009 | $209.9M | 2.31% |
| 9 | Donaldson Co. Inc. | DCI | 2,320,281 | $205.7M | 2.26% |
| 10 | Accenture PLC | ACN | 711,815 | $191.0M | 2.10% |
| 11 | OneMain Holdings | OMF | 2,813,028 | $190.0M | 2.09% |
| 12 | Plexus Corp | PLXS | 1,290,446 | $189.7M | 2.09% |
| 13 | White Mountains Ins. | G9618E107 | 90,333 | $187.7M | 2.06% |
| 14 | Quest Diagnostics | DGX | 1,046,921 | $181.7M | 2.00% |
| 15 | Koninklijke Philips NV | RYLPF | 6,543,122 | $177.2M | 1.95% |
| 16 | Arrow Electronics Inc. | 042735100 | 1,604,380 | $176.8M | 1.94% |
| 17 | Berkshire Hath. Cl B | BRK-A | 346,000 | $173.9M | 1.91% |
| 18 | Henry Schein Inc. | HSIC | 2,293,597 | $173.4M | 1.91% |
| 19 | Carlisle Cos. Inc. | 142339100 | 535,581 | $171.3M | 1.88% |
| 20 | Zions Bancorporation | 989701107 | 2,894,607 | $169.5M | 1.86% |
| 21 | Unilever PLC ADR | UNLYF | 2,568,718 | $168.0M | 1.85% |
| 22 | Masco Corp | MAS | 2,636,618 | $167.3M | 1.84% |
| 23 | SLB | SLB | 4,227,636 | $162.3M | 1.78% |
| 24 | Allegion PLC | ALLE | 1,015,783 | $161.7M | 1.78% |
| 25 | Capital One Financial | 14040H105 | 656,735 | $159.2M | 1.75% |
| 26 | Primerica Inc. | PRI | 611,281 | $157.9M | 1.74% |
| 27 | Sysco Corp. | SYY | 2,107,864 | $155.3M | 1.71% |
| 28 | FirstCash Inc. | FCFS | 964,280 | $153.7M | 1.69% |
| 29 | AptarGroup Inc. | ATR | 1,247,557 | $152.2M | 1.67% |
| 30 | Gates Industrial | G39108108 | 6,954,532 | $149.3M | 1.64% |
| 31 | Dollar Tree | DLTR | 1,183,752 | $145.6M | 1.60% |
| 32 | CSX Corp | CSX | 4,016,503 | $145.6M | 1.60% |
| 33 | Valvoline Inc. | VVV | 4,972,363 | $144.5M | 1.59% |
| 34 | Sony Group Corp. | SNEJF | 5,597,452 | $143.3M | 1.58% |
| 35 | Hayward Holdings | HAYW | 9,089,866 | $140.4M | 1.54% |
| 36 | CDW Corp | CDW | 1,023,679 | $139.4M | 1.53% |
| 37 | Core & Main | CNM | 2,612,944 | $135.8M | 1.49% |
| 38 | UnitedHealth Group | UNH | 393,157 | $129.8M | 1.43% |
| 39 | Houlihan Lokey Inc. | HLI | 697,293 | $121.5M | 1.34% |
| 40 | Fresenius Med. Care | FMCQF | 4,961,969 | $118.2M | 1.30% |
| 41 | Cavco Industries | 149568107 | 195,713 | $115.6M | 1.27% |
| 42 | MSA Safety | MNESP | 715,443 | $114.6M | 1.26% |
| 43 | Ryanair Holdings | RYAOF | 1,534,931 | $110.8M | 1.22% |
| 44 | Insight Enterprises | NSIT | 1,322,558 | $107.7M | 1.18% |
| 45 | Arch Capital Group | G0450A105 | 1,112,203 | $106.7M | 1.17% |
| 46 | Fortune Brands Innov. | FBIN | 2,127,508 | $106.4M | 1.17% |
| 47 | Progressive Corp. | 743315103 | 408,081 | $92.9M | 1.02% |
| 48 | Coca-Cola Europacific | CCEP | 1,010,460 | $91.6M | 1.01% |
| 49 | Huron Consulting | HURN | 524,325 | $90.7M | 1.00% |
| 50 | Louisiana-Pacific Corp. | LPX | 1,098,133 | $88.7M | 0.98% |
| 51 | Icon Plc | ICLR | 480,996 | $87.6M | 0.96% |
| 52 | Mueller Water Prod. | 624758108 | 3,165,392 | $75.4M | 0.83% |
| 53 | Simpson Mfg. Co. | 829073105 | 455,195 | $73.5M | 0.81% |
| 54 | BJ's Wholesale Club | 05550J101 | 724,153 | $65.2M | 0.72% |
| 55 | Applied Ind. Tech. | 03820C105 | 216,149 | $55.5M | 0.61% |
| 56 | Robert Half Inc. | RHI | 1,765,109 | $47.9M | 0.53% |
| 57 | CTS Corp | CTS | 1,084,545 | $46.5M | 0.51% |
| 58 | iShares S&P 600 | 464287804 | 60,880 | $7.3M | 0.08% |
| 59 | Weir Group PLC | G95248137 | 60,813 | $2.3M | 0.03% |
| 60 | iShares S&P 500 | 464287200 | 3,246 | $2.2M | 0.02% |
| 61 | Ashtead Group PLC | 045055209 | 26,208 | $1.9M | 0.02% |
| 62 | Sodexo | 833792104 | 139,046 | $1.4M | 0.02% |
| 63 | iShares S&P 500 | 066923566 | 442 | $352,164 | 0.00% |
| 64 | Informa PLC | 45672B305 | 12,081 | $291,031 | 0.00% |
| 65 | Rexel | 761681105 | 6,737 | $264,090 | 0.00% |
| 66 | Edenred | 279655104 | 11,787 | $131,425 | 0.00% |
| 67 | B&M European Value | 05590Y100 | 12,546 | $113,290 | 0.00% |