Institutional Manager · CIK 0001713520

Crescent Grove Advisors, LLC

LAKE FOREST, IL · File #028-18102

Latest AUM

$1.08B

Positions

297

Top-10 Concentration

49.7%

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	SPDR S&P 500 ETF	SPY	+43,900	+$25.8M	$0
ADD	CDW Corporation	CDW	+155,694	+$21.2M	-$115,780
EXITED	SPDR S&P 500 ETF	78462F953	-16,900	-$9.5M	$0
ADD	iShares 0-3 Month Treasury ETF	46436E718	+68,167	+$6.8M	-$43,801
NEW	Fiserv Inc	FISV	+79,755	+$5.4M	$0
REDUCE	Zurn Elkay Water Solutions	98983L108	-110,800	-$5.2M	-$1.3M
REDUCE	Alliance Resource	ARLP	-191,976	-$4.5M	-$593,619
ADD	Energy Sector SPDR ETF	81369Y506	+89,263	+$4.0M	-$5.0M
REDUCE	SPDR S&P 500 ETF	SPY	-5,579	-$3.8M	+$935,293
REDUCE	MPLX LP	MPLXP	-68,539	-$3.7M	+$356,719

Sector Allocation

Technology

7.5%$81.2M

Financials

5.8%$62.0M

Industrials

1.4%$15.6M

Consumer Discretionary

1.4%$15.1M

0.6%$6.2M

0.6%$5.9M

0.4%$4.7M

0.2%$1.9M

Communication Services

0.1%$1.2M

Consumer Staples

0.1%$1.2M

Filing History

Feb 11, 202613F HOLDINGS REPORTQ/E Dec 2025297 pos · $1.08B
Nov 13, 202513F HOLDINGS REPORTQ/E Sep 2025295 pos · $1.05B
Aug 13, 202513F HOLDINGS REPORTQ/E Jun 2025289 pos · $1.03B
Apr 24, 202513F HOLDINGS REPORTQ/E Mar 2025264 pos · $959.8M
Jan 21, 202513F HOLDINGS REPORTQ/E Dec 2024278 pos · $1.01B
Oct 30, 202413F HOLDINGS REPORTQ/E Sep 2024278 pos · $980.3M
Jul 22, 202413F HOLDINGS REPORTQ/E Jun 2024277 pos · $912.7M
Apr 29, 202413F HOLDINGS REPORTQ/E Mar 2024301 pos · $959.1M
Oct 25, 202313F HOLDINGS REPORTQ/E Dec 2023272 pos · $802.7M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	Zurn Elkay Water Solutions	98983L108	2,324,647	$108.1M	12.97%
2	iShares S&P 500 ETF	464287200	100,513	$68.8M	8.27%
3	Vanguard 500 Index Fund ETF	922908363	83,555	$52.4M	6.29%
4	SPDR S&P 500 ETF	SPY	53,212	$36.4M	4.37%
5	Vanguard Total Stock Market ETF	922908769	87,617	$29.4M	3.53%
6	SPDR S&P 500 ETF	SPY	43,900	$25.8M	3.10%
7	Intercontinental	45866F104	152,500	$24.7M	2.97%
8	iShares Core MSCI Emerging Markets ETF	46434G103	354,728	$23.8M	2.86%
9	Invesco Powershares QQQ ETF	IVZ	36,814	$22.6M	2.72%
10	CDW Corporation	CDW	160,710	$21.9M	2.63%
11	iShares Short Treasury ETF	464288679	196,589	$21.7M	2.60%
12	iShares Core S&P Small-Cap ETF	464287804	172,334	$20.7M	2.49%
13	iShares 0-3 Month Treasury ETF	46436E718	205,156	$20.6M	2.47%
14	iShares Core S&P Mid-Cap ETF	464287507	308,594	$20.4M	2.45%
15	Fidelity National Financial, Inc.	FNF	369,205	$20.2M	2.42%
16	Apple	AAPL	73,112	$19.9M	2.39%
17	iShares Russell 1000 Growth ETF	464287614	41,073	$19.4M	2.33%
18	iShares Core MSCI EAFE ETF	46432F842	207,869	$18.6M	2.23%
19	Angel Oak Ultrashort Income ETF	03463K752	348,678	$17.9M	2.15%
20	iShares Core S&P US Value ETF	464287663	163,211	$16.7M	2.01%