Institutional Manager · CIK 0000945631

EAGLE CAPITAL MANAGEMENT LLC

New York, NY · File #028-04988

Latest AUM

$32.11B

Positions

Top-10 Concentration

54.6%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
NEW	MERCADOLIBRE INC	MELI	+411,549	+$829.0M	$0
REDUCE	ASML HOLDING N V	ASMLF	-711,488	-$761.2M	+$157.4M
REDUCE	ALPHABET INC	GOOG	-1,366,135	-$428.7M	+$430.6M
ADD	SAP SE	SAPGF	+1,130,878	+$274.7M	-$73.2M
REDUCE	AERCAP HOLDINGS NV	AER	-1,467,497	-$211.0M	+$264.9M
REDUCE	HUMANA INC	HUM	-711,094	-$182.1M	-$16.0M
REDUCE	SHELL PLC	RYDAF	-2,460,644	-$180.8M	+$20.0M
ADD	SPDR S&P 500 ETF TR	SPY	+255,269	+$174.1M	+$110,053
ADD	LENNAR CORP	LEN-B	+1,531,169	+$157.4M	-$219.7M
REDUCE	META PLATFORMS INC	META	-215,874	-$142.5M	-$106.0M

Sector Allocation

Technology

13.4%$4.30B

Consumer Discretionary

12.8%$4.12B

10.1%$3.24B

8.7%$2.78B

5.8%$1.86B

2.6%$853.4M

Communication Services

2.5%$807.5M

Financials

2.5%$805.0M

Filing History

Feb 17, 202613F HOLDINGS REPORTQ/E Dec 202556 pos · $32.11B
Nov 14, 202513F HOLDINGS REPORTQ/E Sep 202555 pos · $31.43B
Aug 14, 202513F HOLDINGS REPORTQ/E Jun 202555 pos · $30.34B
May 15, 202513F HOLDINGS REPORTQ/E Mar 202557 pos · $27.41B
Feb 14, 202513F HOLDINGS REPORTQ/E Dec 202450 pos · $27.43B
Nov 14, 202413F HOLDINGS REPORTQ/E Sep 202448 pos · $26.92B
Aug 14, 202413F HOLDINGS REPORTQ/E Jun 202452 pos · $26.97B
May 15, 202413F HOLDINGS REPORTQ/E Mar 202453 pos · $25.86B
Nov 16, 202313F HOLDINGS REPORT (Amended)Q/E Dec 20232 pos · $1.56B
Nov 14, 202313F HOLDINGS REPORTQ/E Dec 202344 pos · $20.02B

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	AMAZON COM INC	AMZN	11,973,905	$2.76B	8.61%
2	MICROSOFT CORP	MSFT	3,893,229	$1.88B	5.87%
3	UNITEDHEALTH GROUP INC	UNH	5,700,446	$1.88B	5.86%
4	CONOCOPHILLIPS	COP	19,840,430	$1.86B	5.79%
5	CAPITAL ONE FINL CORP	14040H105	6,716,093	$1.63B	5.07%
6	WORKDAY INC	WDAY	7,575,368	$1.63B	5.07%
7	TAIWAN SEMICONDUCTOR MFG LTD	874039100	4,960,306	$1.51B	4.70%
8	ALPHABET INC	GOOG	4,762,992	$1.49B	4.66%
9	AERCAP HOLDINGS NV	AER	10,169,902	$1.46B	4.55%
10	DANAHER CORPORATION	235851102	6,160,531	$1.41B	4.39%
11	WOODWARD INC	WWD	4,312,395	$1.30B	4.06%
12	COMCAST CORP NEW	CCZ	39,910,299	$1.19B	3.72%
13	LENNAR CORP	LEN-B	10,986,212	$1.13B	3.52%
14	SAP SE	SAPGF	4,143,430	$1.01B	3.14%
15	LAUDER ESTEE COS INC	518439104	8,729,535	$914.2M	2.85%
16	ASML HOLDING N V	ASMLF	835,083	$893.4M	2.78%
17	ALCOA CORP	AA	15,949,384	$847.6M	2.64%
18	HUMANA INC	HUM	3,254,398	$833.5M	2.60%
19	MERCADOLIBRE INC	MELI	411,549	$829.0M	2.58%
20	AON PLC	AON	2,269,414	$800.8M	2.49%