13F HOLDINGS REPORT
CORTLAND ASSOCIATES INC/MO
Quarter ended Q3 2025 · Filed October 23, 2025 · Accession 0001140361-25-039088
Total Value
$846.6M
Positions
64
Other Managers
0
Confidential Omitted
No
Holdings (64)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | WILLIS TOWERS WATSON | WTW | 190,099 | $65.7M | 7.76% |
| 2 | KYNDRYL HLDGS INC COMMON STOCK | KD | 2,105,082 | $63.2M | 7.47% |
| 3 | VISA INC | V | 170,339 | $58.1M | 6.87% |
| 4 | BOOKING HOLDINGS INC | BKNG | 10,227 | $55.2M | 6.52% |
| 5 | AMAZON.COM INC | AMZN | 235,634 | $51.7M | 6.11% |
| 6 | FIRST CTZNS BANCSHARES CL A | 31946M103 | 27,903 | $49.9M | 5.90% |
| 7 | RYANAIR HOLDINGS PLC SPONSORED | RYAOF | 705,938 | $42.5M | 5.02% |
| 8 | FISERV INC | FISV | 307,384 | $39.6M | 4.68% |
| 9 | ALPHABET INC CLASS C | GOOG | 159,551 | $38.9M | 4.59% |
| 10 | CIGNA GROUP | 125523100 | 126,491 | $36.5M | 4.31% |
| 11 | PHILIP MORRIS INTL INC | 718172109 | 213,530 | $34.6M | 4.09% |
| 12 | DANAHER CORP | 235851102 | 172,627 | $34.2M | 4.04% |
| 13 | BLUE OWL CAPITAL INC COM CL A | OWL | 2,009,611 | $34.0M | 4.02% |
| 14 | KKR & CO LP | KKRT | 232,891 | $30.3M | 3.57% |
| 15 | LANDBRIDGE COMPANY LLC CL A | LB | 412,443 | $22.0M | 2.60% |
| 16 | FIRST ADVANTAGE CORP | FA | 1,335,088 | $20.5M | 2.43% |
| 17 | ALPHABET INC CLASS A | GOOG | 83,862 | $20.4M | 2.41% |
| 18 | JD.COM INC | JDCMF | 528,340 | $18.5M | 2.18% |
| 19 | TENCENT HLDGS LTD ADR | XHLD | 205,274 | $17.5M | 2.06% |
| 20 | COSTAR GROUP INC | CSGP | 191,592 | $16.2M | 1.91% |
| 21 | CAPITAL ONE FINANCIAL | 14040H105 | 67,698 | $14.4M | 1.70% |
| 22 | TEXAS PACIFIC LAND CORP | TPL | 14,803 | $13.8M | 1.63% |
| 23 | EQUIFAX INC | EFX | 47,226 | $12.1M | 1.43% |
| 24 | BERKSHIRE HATHAWAY INC (D | BRK-A | 14 | $10.6M | 1.25% |
| 25 | INTERCONTINENTAL EXCHANGE | ICE | 54,722 | $9.2M | 1.09% |
| 26 | APPLE INC | AAPL | 26,497 | $6.7M | 0.80% |
| 27 | BERKSHIRE HATHAWAY B NEW CLASS | BRK-A | 7,558 | $3.8M | 0.45% |
| 28 | IDEXX LABS INC | 45168D104 | 5,684 | $3.6M | 0.43% |
| 29 | MICROSOFT CORP | MSFT | 6,223 | $3.2M | 0.38% |
| 30 | SHERWIN-WILLIAMS | SHW | 3,900 | $1.4M | 0.16% |
| 31 | S&P 500 INDEX | 464287200 | 2,005 | $1.3M | 0.16% |
| 32 | ALTRIA GROUP INC COM | MO | 18,934 | $1.3M | 0.15% |
| 33 | CATERPILLAR INC | CAT | 2,554 | $1.2M | 0.14% |
| 34 | ISHARES TR RUSSELL 1000 RUSSEL | 464287622 | 3,038 | $1.1M | 0.13% |
| 35 | ISHARES TR DJ TOTAL MKT US TOT | 464287846 | 6,502 | $1.1M | 0.12% |
| 36 | PROCTER & GAMBLE | 742718109 | 6,864 | $1.1M | 0.12% |
| 37 | FRANCO NEV CORP COM | FNV | 3,946 | $880,000 | 0.10% |
| 38 | CTT CORREIOS DE PORTUG SHS | X1R05J122 | 84,925 | $722,000 | 0.09% |
| 39 | MONDELEZ INTL INC | 609207105 | 10,377 | $648,000 | 0.08% |
| 40 | I SHARES RUSL 2000 | 464287655 | 2,143 | $519,000 | 0.06% |
| 41 | DIMENSIONAL US EQUITY | 25434V401 | 6,687 | $484,000 | 0.06% |
| 42 | PEMBINA PIPELINE CORP F | PPLOF | 11,939 | $483,000 | 0.06% |
| 43 | MERCK & CO INC NEW | MRK | 5,703 | $479,000 | 0.06% |
| 44 | CISCO SYSTEMS INC | CSCO | 6,773 | $463,000 | 0.05% |
| 45 | DIMENSIONAL ETF TRUST US MKTWI | 25434V724 | 10,350 | $463,000 | 0.05% |
| 46 | DIMENSIONAL US TARGETED VALUE | 25434V609 | 7,395 | $430,000 | 0.05% |
| 47 | BROOKFIELD CORP | 11271J107 | 5,902 | $405,000 | 0.05% |
| 48 | RICHARDS PACKAGING | 763102100 | 16,300 | $404,000 | 0.05% |
| 49 | CUMMINS INC | CMI | 936 | $395,000 | 0.05% |
| 50 | NVIDIA CORP | NVDA | 2,072 | $387,000 | 0.05% |
| 51 | PROGRESSIVE CORP OHIO | 743315103 | 1,494 | $369,000 | 0.04% |
| 52 | SPDR S&P MIDCAP 400 ETF | MDY | 580 | $346,000 | 0.04% |
| 53 | ISHARES TR MSCI EAFE FD MSCI E | 464287465 | 3,687 | $344,000 | 0.04% |
| 54 | JOHNSON & JOHNSON | JNJ | 1,837 | $341,000 | 0.04% |
| 55 | ISHARES MSCI GWTH IDX FD | 464288885 | 2,614 | $298,000 | 0.04% |
| 56 | HOME DEPOT INC | HD | 707 | $287,000 | 0.03% |
| 57 | ADT INC DEL COM | ADT | 32,649 | $284,000 | 0.03% |
| 58 | BRP INC COM SUN VTG | DOO | 4,656 | $283,000 | 0.03% |
| 59 | DEERE & CO | DE | 606 | $277,000 | 0.03% |
| 60 | UNION PACIFIC CORP | UNP | 1,103 | $261,000 | 0.03% |
| 61 | S&P 100 INDEX | 464287101 | 700 | $233,000 | 0.03% |
| 62 | PEPSICO INCORPORATED | PEP | 1,640 | $230,000 | 0.03% |
| 63 | KELLANOVA | BEKE | 2,721 | $223,000 | 0.03% |
| 64 | WALMART INC | WMT | 2,068 | $213,000 | 0.03% |