# CORTLAND ASSOCIATES INC/MO

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1014315. Source: https://holderbook.com/funds/1014315-cortland-associates-inc-mo/

- Reported value: $691.8M
- Positions: 62
- Weight of the ten largest: 57.9%
- Filed: 2026-07-28

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| VISA INC | [V](https://holderbook.com/stocks/V/) | $54.3M | 158,392 | 7.9% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $51.2M | 215,016 | 7.4% | 31 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $51.1M | 286,968 | 7.4% | 17 |
| WILLIS TOWERS WATSON PLC LTD | [WTW](https://holderbook.com/stocks/WTW/) | $45.6M | 174,446 | 6.6% | 25 |
| RYANAIR HOLDINGS PLC | [RYAAY](https://holderbook.com/stocks/RYAAY/) | $42.3M | 652,808 | 6.1% | 11 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $34.7M | 191,866 | 5.0% | 31 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $32.1M | 116,495 | 4.6% | 31 |
| LANDBRIDGE COMPANY LLC | [LB](https://holderbook.com/stocks/LB/) | $30.5M | 384,317 | 4.4% | 7 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $30.0M | 157,363 | 4.3% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $28.5M | 80,721 | 4.1% | 31 |
| KKR & CO INC | [KKR](https://holderbook.com/stocks/KKR/) | $25.2M | 274,368 | 3.6% | 5 |
| FIRST CTZNS BANCSHARES INC D | [FCNCA](https://holderbook.com/stocks/FCNCA/) | $23.9M | 11,498 | 3.5% | 18 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $22.5M | 148,992 | 3.3% | 2 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $21.6M | 60,471 | 3.1% | 31 |
| KYNDRYL HLDGS INC | [KD](https://holderbook.com/stocks/KD/) | $19.9M | 1,762,090 | 2.9% | 10 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $18.0M | 31,886 | 2.6% | 1 |
| FIRST ADVANTAGE CORP NEW | [FA](https://holderbook.com/stocks/FA/) | $15.9M | 881,185 | 2.3% | 7 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $14.7M | 119,011 | 2.1% | 31 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $13.5M | 17,887 | 2.0% | 1 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $12.8M | 63,722 | 1.8% | 4 |
| TEXAS PACIFIC LAND CORPORATI | [TPL](https://holderbook.com/stocks/TPL/) | $12.2M | 27,906 | 1.8% | 23 |
| Airbus Group Se | [EADSY](https://holderbook.com/stocks/EADSY/) | $11.6M | 208,448 | 1.7% | 1 |
| BROWN & BROWN INC | [BRO](https://holderbook.com/stocks/BRO/) | $11.5M | 178,632 | 1.7% | 3 |
| BLUE OWL CAPITAL INC | [OWL](https://holderbook.com/stocks/OWL/) | $11.2M | 1,280,899 | 1.6% | 13 |
| TENCENT HLDGS LTD ADR | [TCEHY](https://holderbook.com/stocks/TCEHY/) | $10.5M | 190,852 | 1.5% | 31 |
| ARES MANAGEMENT CORPORATION | [ARES](https://holderbook.com/stocks/ARES/) | $10.0M | 90,028 | 1.4% | 1 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $6.6M | 22,911 | 1.0% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $3.7M | 5 | 0.5% | 6 |
| IDEXX LABS INC | [IDXX](https://holderbook.com/stocks/IDXX/) | $2.7M | 5,149 | 0.4% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $2.4M | 4,821 | 0.3% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $2.3M | 6,102 | 0.3% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $2.2M | 2,091 | 0.3% | 24 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $1.7M | 2,287 | 0.2% | 31 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $1.3M | 3,900 | 0.2% | 31 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $1.2M | 3,038 | 0.2% | 31 |
| ISHARES TR | [IYY](https://holderbook.com/stocks/IYY/) | $1.2M | 6,502 | 0.2% | 31 |
| FRANCO NEV CORP | [FNV](https://holderbook.com/stocks/FNV/) | $823.0K | 3,946 | 0.1% | 24 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $796.0K | 6,773 | 0.1% | 31 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $788.0K | 10,948 | 0.1% | 31 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $649.0K | 2,160 | 0.1% | 5 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $633.0K | 4,319 | 0.1% | 31 |
| CTT CORREIOS DE PORTUG SHS | - | $561.0K | 84,925 | 0.1% | 30 |
| PEMBINA PIPELINE CORP | [PBA](https://holderbook.com/stocks/PBA/) | $552.0K | 11,939 | 0.1% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $477.0K | 3,711 | 0.1% | 31 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $437.0K | 621 | 0.1% | 22 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $431.0K | 4,151 | 0.1% | 14 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $384.0K | 606 | 0.1% | 8 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $378.0K | 1,490 | 0.1% | 31 |
| BROOKFIELD CORP | [BN](https://holderbook.com/stocks/BN/) | $377.0K | 8,851 | 0.1% | 11 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $375.0K | 526 | 0.1% | 16 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $348.0K | 6,024 | 0.1% | 31 |
| RICHARDS PACKAGING INCOME | - | $332.0K | 16,300 | 0.0% | 31 |
| ISHARES TR | [EFG](https://holderbook.com/stocks/EFG/) | $325.0K | 2,614 | 0.0% | 27 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $310.0K | 1,419 | 0.0% | 24 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $300.0K | 1,103 | 0.0% | 24 |
| BRP INC | [DOO](https://holderbook.com/stocks/DOO/) | $262.0K | 4,298 | 0.0% | 4 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $251.0K | 712 | 0.0% | 16 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $246.0K | 2,171 | 0.0% | 4 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $222.0K | 1,640 | 0.0% | 30 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $217.0K | 600 | 0.0% | 2 |
| ADT INC DEL | [ADT](https://holderbook.com/stocks/ADT/) | $212.0K | 32,649 | 0.0% | 9 |
| ISHARES TR | [OEF](https://holderbook.com/stocks/OEF/) | $203.0K | 555 | 0.0% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +5.7% | +14.8% | -9.1% | 100% |
| Q1 2026 | -13.9% | -4.6% | -9.3% | 100% |
| Q4 2025 | -0.4% | +2.4% | -2.8% | 100% |
| Q3 2025 | -2.3% | +7.8% | -10.1% | 100% |
| Q2 2025 | +5.9% | +10.5% | -4.6% | 100% |
| Q1 2025 | -3.3% | -4.6% | +1.3% | 99% |
| Q4 2024 | +9.5% | +2.1% | +7.3% | 100% |
| Q3 2024 | +7.6% | +5.4% | +2.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $691.8M | 62 |
| Q1 2026 | $696.8M | 62 |
| Q4 2025 | $792.1M | 62 |
| Q3 2025 | $846.6M | 64 |
| Q2 2025 | $856.8M | 59 |
| Q1 2025 | $832.7M | 56 |
| Q4 2024 | $879.3M | 59 |
| Q3 2024 | $823.2M | 57 |
| Q2 2024 | $790.7M | 56 |
| Q1 2024 | $772.9M | 52 |
| Q4 2023 | $683.5M | 53 |
| Q3 2023 | $637.6M | 51 |