13F HOLDINGS REPORT
Mawer Investment Management Ltd.
Quarter ended Q1 2025 · Filed May 7, 2025 · Accession 0000945621-25-000421
Total Value
$20.71B
Positions
132
Other Managers
1
Confidential Omitted
No
Holdings (132)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | MARSH & MCLENNAN COS INC | 571748102 | 5,965,572 | $1.46B | 7.03% |
| 2 | AON PLC | AON | 3,271,425 | $1.31B | 6.30% |
| 3 | MICROSOFT CORP | MSFT | 3,059,873 | $1.15B | 5.55% |
| 4 | UNITEDHEALTH GROUP INC | UNH | 2,071,608 | $1.09B | 5.24% |
| 5 | ALPHABET INC | GOOG | 6,070,062 | $948.3M | 4.58% |
| 6 | VISA INC | V | 2,412,031 | $845.3M | 4.08% |
| 7 | BOOKING HOLDINGS INC | BKNG | 169,017 | $778.6M | 3.76% |
| 8 | AMAZON COM INC | AMZN | 3,926,146 | $747.0M | 3.61% |
| 9 | FTI CONSULTING INC | FCN | 3,967,903 | $651.1M | 3.14% |
| 10 | AMPHENOL CORP NEW | 032095101 | 8,860,057 | $581.1M | 2.81% |
| 11 | FEDEX CORP | FDX | 2,271,678 | $553.8M | 2.67% |
| 12 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 684 | $546.1M | 2.64% |
| 13 | INSPERITY INC | NSP | 5,097,034 | $454.8M | 2.20% |
| 14 | CDW CORP | CDW | 2,825,310 | $452.8M | 2.19% |
| 15 | ROBERT HALF INC. | RHI | 7,794,784 | $425.2M | 2.05% |
| 16 | LULULEMON ATHLETICA INC | LULU | 1,320,982 | $373.9M | 1.81% |
| 17 | SHELL PLC | RYDAF | 4,929,664 | $361.2M | 1.74% |
| 18 | CORPAY INC | CPAY | 1,031,978 | $359.9M | 1.74% |
| 19 | XP INC | XP | 24,556,013 | $337.6M | 1.63% |
| 20 | DEERE & CO | DE | 597,420 | $280.4M | 1.35% |
| 21 | GALLAGHER ARTHUR J & CO | 363576109 | 739,307 | $255.2M | 1.23% |
| 22 | WARNER MUSIC GROUP CORP | WMG | 7,873,377 | $246.8M | 1.19% |
| 23 | TRINET GROUP INC | TNET | 2,999,941 | $237.7M | 1.15% |
| 24 | ACCENTURE PLC IRELAND | ACN | 758,204 | $236.6M | 1.14% |
| 25 | INTERCONTINENTAL EXCHANGE IN | 45866F104 | 1,364,447 | $235.4M | 1.14% |
| 26 | SNAP ON INC | SNA | 698,022 | $235.2M | 1.14% |
| 27 | CME GROUP INC | CME | 871,220 | $231.1M | 1.12% |
| 28 | VERIZON COMMUNICATIONS INC | VZ | 4,702,275 | $213.3M | 1.03% |
| 29 | MEDPACE HLDGS INC | MEDP | 695,290 | $211.8M | 1.02% |
| 30 | YUM CHINA HLDGS INC | YUMC | 4,038,523 | $210.2M | 1.02% |
| 31 | CENCORA INC | COR | 685,817 | $190.7M | 0.92% |
| 32 | WATERS CORP | 941848103 | 513,514 | $189.3M | 0.91% |
| 33 | PROCTER AND GAMBLE CO | 742718109 | 1,094,434 | $186.5M | 0.90% |
| 34 | APTARGROUP INC | ATR | 1,203,543 | $178.6M | 0.86% |
| 35 | ABBOTT LABS | ABLZF | 1,311,221 | $173.9M | 0.84% |
| 36 | MASTERCARD INCORPORATED | MA | 308,241 | $169.0M | 0.82% |
| 37 | POOL CORP | POOL | 529,290 | $168.5M | 0.81% |
| 38 | FERGUSON ENTERPRISES INC | FERG | 996,683 | $159.7M | 0.77% |
| 39 | TENCENT MUSIC ENTMT GROUP | XHLD | 10,984,151 | $158.3M | 0.76% |
| 40 | MARTIN MARIETTA MATLS INC | 573284106 | 290,506 | $138.9M | 0.67% |
| 41 | AMERICAN ELEC PWR CO INC | 025537101 | 1,165,112 | $127.3M | 0.61% |
| 42 | VERISK ANALYTICS INC | VRSK | 411,273 | $122.4M | 0.59% |
| 43 | JPMORGAN CHASE & CO. | VYLD | 431,993 | $106.0M | 0.51% |
| 44 | SHERWIN WILLIAMS CO | SHW | 302,855 | $105.8M | 0.51% |
| 45 | CACI INTL INC | 127190304 | 287,564 | $105.5M | 0.51% |
| 46 | BECTON DICKINSON & CO | BDX | 443,627 | $101.6M | 0.49% |
| 47 | ICON PLC | ICLR | 576,071 | $100.8M | 0.49% |
| 48 | PAYCHEX INC | PAYX | 591,480 | $91.3M | 0.44% |
| 49 | HDFC BANK LTD | HDB | 1,369,370 | $91.0M | 0.44% |
| 50 | OSI SYSTEMS INC | OSIS | 461,022 | $89.6M | 0.43% |
| 51 | DANAHER CORPORATION | 235851102 | 434,608 | $89.1M | 0.43% |
| 52 | NIKE INC | NKE | 1,379,357 | $87.6M | 0.42% |
| 53 | JOHNSON & JOHNSON | JNJ | 498,598 | $82.7M | 0.40% |
| 54 | SOUTHERN CO | SOMN | 885,691 | $81.4M | 0.39% |
| 55 | BARRETT BUSINESS SVCS INC | 068463108 | 1,963,115 | $80.8M | 0.39% |
| 56 | KASPI KZ JSC | 48581R205 | 860,338 | $79.9M | 0.39% |
| 57 | TRADEWEB MKTS INC | 892672106 | 532,252 | $79.0M | 0.38% |
| 58 | BWX TECHNOLOGIES INC | BWXT | 778,951 | $76.8M | 0.37% |
| 59 | S&P GLOBAL INC | SPGI | 149,577 | $76.0M | 0.37% |
| 60 | BIO RAD LABS INC | 090572207 | 294,879 | $71.8M | 0.35% |
| 61 | NETEASE INC | NETTF | 668,811 | $68.8M | 0.33% |
| 62 | CVS HEALTH CORP | CVS | 936,444 | $63.4M | 0.31% |
| 63 | ESQUIRE FINL HLDGS INC | 29667J101 | 779,889 | $58.8M | 0.28% |
| 64 | AMETEK INC | AME | 339,434 | $58.4M | 0.28% |
| 65 | DONNELLEY FINL SOLUTIONS INC | 25787G100 | 1,332,775 | $58.3M | 0.28% |
| 66 | TEXAS INSTRS INC | 882508104 | 314,674 | $56.5M | 0.27% |
| 67 | ABBVIE INC | ABBV | 258,734 | $54.2M | 0.26% |
| 68 | STATE STR CORP | STT-PG | 516,537 | $46.2M | 0.22% |
| 69 | HERSHEY CO | HSY | 269,936 | $46.2M | 0.22% |
| 70 | ITT INC | ITT | 344,998 | $44.6M | 0.22% |
| 71 | AAON INC | AAON | 565,972 | $44.2M | 0.21% |
| 72 | MCCORMICK & CO INC | MKC-V | 536,648 | $44.2M | 0.21% |
| 73 | VALVOLINE INC | VVV | 1,224,420 | $42.6M | 0.21% |
| 74 | RYAN SPECIALTY HOLDINGS INC | RYAN | 511,154 | $37.8M | 0.18% |
| 75 | BORGWARNER INC | BWA | 1,035,577 | $29.7M | 0.14% |
| 76 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 175,410 | $29.1M | 0.14% |
| 77 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 51,711 | $27.5M | 0.13% |
| 78 | SHARKNINJA INC | SN | 327,198 | $27.3M | 0.13% |
| 79 | INTERACTIVE BROKERS GROUP IN | 45841N107 | 130,851 | $21.7M | 0.10% |
| 80 | PATHWARD FINANCIAL INC | CASH | 287,644 | $21.0M | 0.10% |
| 81 | RESMED INC | RSMDF | 80,680 | $18.1M | 0.09% |
| 82 | KINSALE CAP GROUP INC | 49714P108 | 36,927 | $18.0M | 0.09% |
| 83 | LPL FINL HLDGS INC | 50212V100 | 54,926 | $18.0M | 0.09% |
| 84 | CARLISLE COS INC | 142339100 | 49,995 | $17.0M | 0.08% |
| 85 | FIRST CTZNS BANCSHARES INC N | 31946M103 | 8,922 | $16.5M | 0.08% |
| 86 | OREILLY AUTOMOTIVE INC | 67103H107 | 9,651 | $13.8M | 0.07% |
| 87 | RB GLOBAL INC | RBA | 135,232 | $13.6M | 0.07% |
| 88 | XPEL INC | XPEL | 443,210 | $13.0M | 0.06% |
| 89 | MURPHY USA INC | MUSA | 26,652 | $12.5M | 0.06% |
| 90 | D R HORTON INC | 23331A109 | 98,399 | $12.5M | 0.06% |
| 91 | MASTERBRAND INC | MBC | 881,737 | $11.5M | 0.06% |
| 92 | KLA CORP | KLAC | 16,900 | $11.5M | 0.06% |
| 93 | VERISIGN INC | VRSN | 37,362 | $9.5M | 0.05% |
| 94 | ADVANCED DRAIN SYS INC DEL | 00790R104 | 85,572 | $9.3M | 0.04% |
| 95 | WINMARK CORP | WINA | 28,058 | $8.9M | 0.04% |
| 96 | EURONET WORLDWIDE INC | EEFT | 83,366 | $8.9M | 0.04% |
| 97 | CHARLES RIV LABS INTL INC | 159864107 | 51,912 | $7.8M | 0.04% |
| 98 | ALPHABET INC | GOOG | 43,053 | $6.7M | 0.03% |
| 99 | AIRBNB INC | ABNB | 48,289 | $5.8M | 0.03% |
| 100 | SHIFT4 PMTS INC | 82452J109 | 65,287 | $5.3M | 0.03% |
| 101 | FULL TRUCK ALLIANCE CO LTD | YMM | 302,500 | $3.9M | 0.02% |
| 102 | PDD HOLDINGS INC | PDD | 27,000 | $3.2M | 0.02% |
| 103 | MARSH & MCLENNAN COS INC | 571748102 | 6,540 | $1.6M | 0.01% |
| 104 | UNITEDHEALTH GROUP INC | UNH | 2,324 | $1.2M | 0.01% |
| 105 | MICROSOFT CORP | MSFT | 3,196 | $1.2M | 0.01% |
| 106 | BOOKING HOLDINGS INC | BKNG | 230 | $1.1M | 0.01% |
| 107 | ALPHABET INC | GOOG | 6,455 | $1.0M | 0.00% |
| 108 | APPLE INC | AAPL | 3,960 | $879,635 | 0.00% |
| 109 | AON PLC | AON | 2,149 | $857,644 | 0.00% |
| 110 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 1,465 | $780,230 | 0.00% |
| 111 | AMAZON COM INC | AMZN | 4,040 | $768,650 | 0.00% |
| 112 | FEDEX CORP | FDX | 3,089 | $753,036 | 0.00% |
| 113 | VISA INC | V | 2,033 | $712,485 | 0.00% |
| 114 | FTI CONSULTING INC | FCN | 4,152 | $681,260 | 0.00% |
| 115 | CDW CORP | CDW | 3,708 | $594,244 | 0.00% |
| 116 | ROBERT HALF INC. | RHI | 10,585 | $577,412 | 0.00% |
| 117 | LULULEMON ATHLETICA INC | LULU | 1,794 | $507,810 | 0.00% |
| 118 | INSPERITY INC | NSP | 5,528 | $493,263 | 0.00% |
| 119 | XP INC | XP | 33,413 | $459,429 | 0.00% |
| 120 | CORPAY INC | CPAY | 1,265 | $441,131 | 0.00% |
| 121 | DEERE & CO | DE | 829 | $389,091 | 0.00% |
| 122 | AMPHENOL CORP NEW | 032095101 | 5,876 | $385,407 | 0.00% |
| 123 | TRINET GROUP INC | TNET | 4,169 | $330,352 | 0.00% |
| 124 | SNAP ON INC | SNA | 969 | $326,563 | 0.00% |
| 125 | WARNER MUSIC GROUP CORP | WMG | 10,409 | $326,322 | 0.00% |
| 126 | YUM CHINA HLDGS INC | YUMC | 5,582 | $290,599 | 0.00% |
| 127 | MEDPACE HLDGS INC | MEDP | 929 | $283,057 | 0.00% |
| 128 | ELI LILLY & CO | LLY | 300 | $247,773 | 0.00% |
| 129 | POOL CORP | POOL | 739 | $235,261 | 0.00% |
| 130 | NVIDIA CORPORATION | NVDA | 2,000 | $216,760 | 0.00% |
| 131 | ACCENTURE PLC IRELAND | ACN | 600 | $187,224 | 0.00% |
| 132 | INTERCONTINENTAL EXCHANGE IN | 45866F104 | 536 | $92,460 | 0.00% |