13F HOLDINGS REPORT
CORTLAND ASSOCIATES INC/MO
Quarter ended Q4 2025 · Filed January 28, 2026 · Accession 0001140361-26-002617
Total Value
$792.1M
Positions
64
Other Managers
0
Confidential Omitted
No
Holdings (64)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | WILLIS TOWERS WATSON | WTW | 186,861 | $61.4M | 7.75% |
| 2 | FIRST CTZNS BANCSHARES CL A | 31946M103 | 27,439 | $58.9M | 7.43% |
| 3 | VISA INC | V | 167,418 | $58.7M | 7.41% |
| 4 | KYNDRYL HLDGS INC COMMON STOCK | KD | 2,081,328 | $55.3M | 6.98% |
| 5 | BOOKING HOLDINGS INC | BKNG | 10,087 | $54.0M | 6.82% |
| 6 | AMAZON.COM INC | AMZN | 231,650 | $53.5M | 6.75% |
| 7 | RYANAIR HOLDINGS PLC SPONSORED | RYAOF | 692,972 | $50.0M | 6.32% |
| 8 | ALPHABET INC CLASS C | GOOG | 155,766 | $48.9M | 6.17% |
| 9 | DANAHER CORP | 235851102 | 169,868 | $38.9M | 4.91% |
| 10 | CIGNA GROUP | 125523100 | 124,386 | $34.2M | 4.32% |
| 11 | PHILIP MORRIS INTL INC | 718172109 | 201,894 | $32.4M | 4.09% |
| 12 | KKR & CO LP | KKRT | 228,691 | $29.2M | 3.68% |
| 13 | ALPHABET INC CLASS A | GOOG | 82,469 | $25.8M | 3.26% |
| 14 | BROWN & BROWN INC COM | BRO | 289,445 | $23.1M | 2.91% |
| 15 | BLUE OWL CAPITAL INC COM CL A | OWL | 1,364,393 | $20.4M | 2.57% |
| 16 | LANDBRIDGE COMPANY LLC CL A | LB | 408,280 | $20.0M | 2.53% |
| 17 | CAPITAL ONE FINANCIAL | 14040H105 | 67,050 | $16.3M | 2.05% |
| 18 | TENCENT HLDGS LTD ADR | XHLD | 203,574 | $15.6M | 1.97% |
| 19 | FIRST ADVANTAGE CORP | FA | 935,704 | $13.6M | 1.72% |
| 20 | TEXAS PACIFIC LAND CORP | TPL | 43,157 | $12.4M | 1.56% |
| 21 | COSTAR GROUP INC | CSGP | 183,144 | $12.3M | 1.55% |
| 22 | BERKSHIRE HATHAWAY INC (D | BRK-A | 13 | $9.8M | 1.24% |
| 23 | INTERCONTINENTAL EXCHANGE | ICE | 53,641 | $8.7M | 1.10% |
| 24 | APPLE INC | AAPL | 26,324 | $7.2M | 0.90% |
| 25 | JD.COM INC | JDCMF | 155,104 | $4.5M | 0.56% |
| 26 | IDEXX LABS INC | 45168D104 | 5,510 | $3.7M | 0.47% |
| 27 | MICROSOFT CORP | MSFT | 6,227 | $3.0M | 0.38% |
| 28 | BERKSHIRE HATHAWAY B NEW CLASS | BRK-A | 5,618 | $2.8M | 0.36% |
| 29 | S&P 500 INDEX | 464287200 | 2,679 | $1.8M | 0.23% |
| 30 | SHERWIN-WILLIAMS | SHW | 3,900 | $1.3M | 0.16% |
| 31 | CATERPILLAR INC | CAT | 2,189 | $1.3M | 0.16% |
| 32 | ISHARES TR RUSSELL 1000 RUSSEL | 464287622 | 3,038 | $1.1M | 0.14% |
| 33 | ISHARES TR DJ TOTAL MKT US TOT | 464287846 | 6,502 | $1.1M | 0.14% |
| 34 | FRANCO NEV CORP COM | FNV | 3,946 | $818,000 | 0.10% |
| 35 | CTT CORREIOS DE PORTUG SHS | X1R05J122 | 84,925 | $741,000 | 0.09% |
| 36 | PROCTER & GAMBLE | 742718109 | 4,383 | $628,000 | 0.08% |
| 37 | ALTRIA GROUP INC COM | MO | 10,663 | $615,000 | 0.08% |
| 38 | I SHARES RUSL 2000 | 464287655 | 2,143 | $528,000 | 0.07% |
| 39 | CISCO SYSTEMS INC | CSCO | 6,773 | $522,000 | 0.07% |
| 40 | PEMBINA PIPELINE CORP F | PPLOF | 11,939 | $454,000 | 0.06% |
| 41 | BROOKFIELD CORP | 11271J107 | 8,851 | $406,000 | 0.05% |
| 42 | MERCK & CO INC NEW | MRK | 3,680 | $387,000 | 0.05% |
| 43 | JOHNSON & JOHNSON | JNJ | 1,838 | $380,000 | 0.05% |
| 44 | RICHARDS PACKAGING | 763102100 | 16,300 | $366,000 | 0.05% |
| 45 | ISHARES TR MSCI EAFE FD MSCI E | 464287465 | 3,687 | $354,000 | 0.04% |
| 46 | SPDR S&P MIDCAP 400 ETF | MDY | 580 | $350,000 | 0.04% |
| 47 | PROGRESSIVE CORP OHIO | 743315103 | 1,494 | $340,000 | 0.04% |
| 48 | BRP INC COM SUN VTG | DOO | 4,656 | $329,000 | 0.04% |
| 49 | DIMENSIONAL US EQUITY | 25434V401 | 4,427 | $328,000 | 0.04% |
| 50 | DIMENSIONAL ETF TRUST US MKTWI | 25434V724 | 6,870 | $320,000 | 0.04% |
| 51 | MONDELEZ INTL INC | 609207105 | 5,944 | $320,000 | 0.04% |
| 52 | ISHARES MSCI GWTH IDX FD | 464288885 | 2,614 | $298,000 | 0.04% |
| 53 | DIMENSIONAL US TARGETED VALUE | 25434V609 | 4,885 | $291,000 | 0.04% |
| 54 | DEERE & CO | DE | 606 | $282,000 | 0.04% |
| 55 | CUMMINS INC | CMI | 523 | $267,000 | 0.03% |
| 56 | ADT INC DEL COM | ADT | 32,649 | $263,000 | 0.03% |
| 57 | UNION PACIFIC CORP | UNP | 1,103 | $255,000 | 0.03% |
| 58 | HOME DEPOT INC | HD | 709 | $244,000 | 0.03% |
| 59 | NVIDIA CORP | NVDA | 1,302 | $243,000 | 0.03% |
| 60 | WALMART INC | WMT | 2,168 | $242,000 | 0.03% |
| 61 | S&P 100 INDEX | 464287101 | 700 | $240,000 | 0.03% |
| 62 | PEPSICO INCORPORATED | PEP | 1,640 | $235,000 | 0.03% |
| 63 | MERCK & CO INC NEW | MRK | 900 | $95,000 | 0.01% |
| 64 | CIGNA GROUP | 125523100 | 42 | $12,000 | 0.00% |