CORTLAND ASSOCIATES INC/MO
Reported holdings as of Q2 2026, from 31 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| VISA INC | V | $54.3M | 158,392 | +0.74pp | 31q | -3.5%-$2.0M | |
| AMAZON COM INC | AMZN | $51.2M | 215,016 | +0.67pp | 31q | -4.6%-$2.5M | |
| BOOKING HOLDINGS INC | BKNG | $51.1M | 286,968 | +0.23pp | 17q | +2320.0%+$49.0M | |
| WILLIS TOWERS WATSON PLC LTD | WTW | $45.6M | 174,446 | -0.93pp | 25q | -3.3%-$1.5M | |
| RYANAIR HOLDINGS PLC | RYAAY | $42.3M | 652,808 | +0.52pp | 11q | -3.0%-$1.3M | |
| PHILIP MORRIS INTL INC | PM | $34.7M | 191,866 | +0.32pp | 31q | -3.0%-$1.1M | |
| THE CIGNA GROUP | CI | $32.1M | 116,495 | +0.03pp | 31q | -3.3%-$1.1M | |
| LANDBRIDGE COMPANY LLC | LB | $30.5M | 384,317 | +0.45pp | 7q | -3.6%-$1.1M | |
| DANAHER CORP DEL | DHR | $30.0M | 157,363 | -0.18pp | 31q | -5.2%-$1.6M | |
| ALPHABET INC | GOOG | $28.5M | 80,721 | -2.07pp | 31q | -46.3%-$24.6M | |
| KKR & CO INC | KKR | $25.2M | 274,368 | -0.15pp | 5q | -3.9%-$1.0M | |
| FIRST CTZNS BANCSHARES INC D | FCNCA | $23.9M | 11,498 | -1.23pp | 18q | -33.6%-$12.1M | |
| BECTON DICKINSON & CO | BDX | $22.5M | 148,992 | -0.22pp | 2q | -3.2%-$753.6K | |
| ALPHABET INC | GOOGL | $21.6M | 60,471 | -0.21pp | 31q | -25.1%-$7.2M | |
| KYNDRYL HLDGS INC | KD | $19.9M | 1,762,090 | -3.31pp | 10q | -46.4%-$17.2M | |
| META PLATFORMS INC | META | $18.0M | 31,886 | - | new | NEW | |
| FIRST ADVANTAGE CORP NEW | FA | $15.9M | 881,185 | +0.77pp | 7q | -2.7%-$436.0K | |
| INTERCONTINENTAL EXCHANGE IN | ICE | $14.7M | 119,011 | +0.94pp | 31q | +128.9%+$8.2M | |
| MCKESSON CORP | MCK | $13.5M | 17,887 | - | new | NEW | |
| CAPITAL ONE FINL CORP | COF | $12.8M | 63,722 | +0.13pp | 4q | -3.1%-$405.3K | |
| TEXAS PACIFIC LAND CORPORATI | TPL | $12.2M | 27,906 | -0.20pp | 23q | -3.4%-$434.1K | |
| Airbus Group Se | EADSY | $11.6M | 208,448 | - | new | NEW | |
| BROWN & BROWN INC | BRO | $11.5M | 178,632 | -2.02pp | 3q | -54.5%-$13.7M | |
| BLUE OWL CAPITAL INC | OWL | $11.2M | 1,280,899 | -0.11pp | 13q | -3.2%-$364.6K | |
| TENCENT HLDGS LTD ADR | TCEHY | $10.5M | 190,852 | -0.27pp | 31q | -3.5%-$379.9K | |
| ARES MANAGEMENT CORPORATION | ARES | $10.0M | 90,028 | - | new | NEW | |
| APPLE INC | AAPL | $6.6M | 22,911 | +0.08pp | 31q | -4.8%-$331.9K | |
| BERKSHIRE HATHAWAY INC DEL | BRKA | $3.7M | 5 | -0.08pp | 6q | -16.7%-$748.8K | |
| IDEXX LABS INC | IDXX | $2.7M | 5,149 | -0.03pp | 31q | -2.7%-$74.7K | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $2.4M | 4,821 | flat | 31q | -4.2%-$105.1K | |
| MICROSOFT CORP | MSFT | $2.3M | 6,102 | flat | 31q | HELD | |
| CATERPILLAR INC | CAT | $2.2M | 2,091 | +0.11pp | 24q | HELD | |
| ISHARES TR | IVV | $1.7M | 2,287 | +0.03pp | 31q | -0.8%-$14.2K | |
| SHERWIN WILLIAMS CO | SHW | $1.3M | 3,900 | +0.01pp | 31q | HELD | |
| ISHARES TR | IWB | $1.2M | 3,038 | +0.02pp | 31q | HELD | |
| ISHARES TR | IYY | $1.2M | 6,502 | +0.02pp | 31q | HELD | |
| FRANCO NEV CORP | FNV | $823.0K | 3,946 | -0.02pp | 24q | HELD | |
| CISCO SYS INC | CSCO | $796.0K | 6,773 | +0.04pp | 31q | HELD | |
| ALTRIA GROUP INC | MO | $788.0K | 10,948 | +0.01pp | 31q | +1.2%+$9.0K | |
| ISHARES TR | IWM | $649.0K | 2,160 | +0.02pp | 5q | +0.8%+$5.1K | |
| PROCTER & GAMBLE CO | PG | $633.0K | 4,319 | flat | 31q | HELD | |
| CTT CORREIOS DE PORTUG SHS | $561.0K | 84,925 | flat | 30q | HELD | ||
| PEMBINA PIPELINE CORP | PBA | $552.0K | 11,939 | flat | 31q | HELD | |
| MERCK & CO INC | MRK | $477.0K | 3,711 | +0.01pp | 31q | HELD | |
| STATE STR SPDR S&P MIDCAP 40 | MDY | $437.0K | 621 | +0.01pp | 22q | +0.8%+$3.5K | |
| ISHARES TR | EFA | $431.0K | 4,151 | flat | 14q | HELD | |
| DEERE & CO | DE | $384.0K | 606 | +0.01pp | 8q | HELD | |
| JOHNSON & JOHNSON | JNJ | $378.0K | 1,490 | flat | 31q | HELD | |
| BROOKFIELD CORP | BN | $377.0K | 8,851 | flat | 11q | HELD | |
| CUMMINS INC | CMI | $375.0K | 526 | +0.01pp | 16q | HELD | |
| MONDELEZ INTL INC | MDLZ | $348.0K | 6,024 | flat | 31q | +0.7%+$2.3K | |
| RICHARDS PACKAGING INCOME | $332.0K | 16,300 | flat | 31q | HELD | ||
| ISHARES TR | EFG | $325.0K | 2,614 | +0.01pp | 27q | HELD | |
| PROGRESSIVE CORP | PGR | $310.0K | 1,419 | flat | 24q | -1.7%-$5.5K | |
| UNION PAC CORP | UNP | $300.0K | 1,103 | flat | 24q | HELD | |
| BRP INC | DOO | $262.0K | 4,298 | -0.01pp | 4q | -7.7%-$21.8K | |
| HOME DEPOT INC | HD | $251.0K | 712 | flat | 16q | HELD | |
| WALMART INC | WMT | $246.0K | 2,171 | flat | 4q | +4.9%+$11.6K | |
| PEPSICO INC | PEP | $222.0K | 1,640 | flat | 30q | HELD | |
| AMGEN INC | AMGN | $217.0K | 600 | flat | 2q | HELD | |
| ADT INC DEL | ADT | $212.0K | 32,649 | flat | 9q | HELD | |
| ISHARES TR | OEF | $203.0K | 555 | - | new | NEW |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Software & IT Services | $106.2M | 15.4% |
| Insurance | $95.6M | 13.8% |
| Transport & Logistics | $93.7M | 13.5% |
| Capital Markets | $61.1M | 8.8% |
| Business Services | $54.6M | 7.9% |
| Retail & Consumer | $53.1M | 7.7% |
| Holding & Investment | $42.7M | 6.2% |
| Banks & Lending | $36.7M | 5.3% |
| Food, Drink & Tobacco | $36.1M | 5.2% |
| Instruments & Controls | $30.0M | 4.3% |
| Medical Devices | $22.5M | 3.3% |
| Wholesale & Distribution | $13.5M | 2.0% |
| Other sectors | $17.3M | 2.5% |
| Not classified | $28.8M | 4.2% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $691.8M | 62 | 5 | 7 | 27 | 5 | 57.9% | 28 |
| Q1 2026 | $696.8M | 62 | 3 | 8 | 33 | 3 | 60.5% | 30 |
| Q4 2025 | $792.1M | 62 | 1 | 4 | 35 | 3 | 64.9% | 28 |
| Q3 2025 | $846.6M | 64 | 6 | 16 | 8 | 1 | 59.2% | 23 |
| Q2 2025 | $856.8M | 59 | 4 | 12 | 6 | 1 | 60.9% | 23 |
| Q1 2025 | $832.7M | 56 | 1 | 8 | 13 | 4 | 64.8% | 31 |
| Q4 2024 | $879.3M | 59 | 3 | 5 | 26 | 1 | 65.5% | 23 |
| Q3 2024 | $823.2M | 57 | 3 | 16 | 26 | 2 | 65.2% | 29 |
| Q2 2024 | $790.7M | 56 | 4 | 18 | 8 | 0 | 66.1% | 29 |
| Q1 2024 | $772.9M | 52 | 1 | 9 | 26 | 2 | 65.9% | 22 |
| Q4 2023 | $683.5M | 53 | 4 | 9 | 15 | 2 | 67.7% | 30 |
| Q3 2023 | $637.6M | 51 | 1 | 6 | 20 | 3 | 66.4% | 27 |
| Q2 2023 | $620.5M | 53 | 2 | 1 | 31 | 0 | 69.8% | 34 |
| Q1 2023 | $628.1M | 51 | 2 | 11 | 24 | 6 | 69.1% | 20 |
| Q4 2022 | $603.6M | 55 | 4 | 3 | 30 | 3 | 71.1% | 27 |
| Q3 2022 | $561.6M | 54 | 2 | 6 | 19 | 4 | 66.6% | 45 |
| Q2 2022 | $605.0M | 56 | 6 | 8 | 26 | 6 | 67.0% | 22 |
| Q1 2022 | $784.8M | 56 | 2 | 4 | 31 | 7 | 68.6% | 33 |
| Q4 2021 | $961.9M | 61 | 1 | 30 | 7 | 2 | 67.6% | 32 |
| Q3 2021 | $908.0M | 62 | 1 | 7 | 8 | 1 | 65.6% | 33 |
| Q2 2021 | $955.9M | 62 | 2 | 12 | 6 | 0 | 63.8% | 33 |
| Q1 2021 | $876.9M | 60 | 5 | 7 | 14 | 3 | 64.2% | 34 |
| Q4 2020 | $830.4M | 58 | 4 | 6 | 18 | 3 | 65.1% | 33 |
| Q3 2020 | $745.2M | 57 | 7 | 7 | 19 | 3 | 65.2% | 21 |
| Q2 2020 | $678.5M | 53 | 8 | 13 | 8 | 2 | 68.1% | 23 |
| Q1 2020 | $533.0M | 47 | 2 | 4 | 23 | 12 | 75.1% | 30 |
| Q4 2019 | $706.7M | 57 | 9 | 30 | 6 | 2 | 77.0% | 31 |
| Q3 2019 | $565.2M | 50 | 2 | 1 | 34 | 5 | 75.8% | 38 |
| Q2 2019 | $632.3M | 53 | 1 | 2 | 21 | 2 | 76.2% | 25 |
| Q1 2019 | $618.8M | 54 | 7 | 9 | 27 | 3 | 75.2% | 26 |
| Q4 2018 | $550.7M | 50 | 0 | 0 | 0 | 0 | 74.2% | 32 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.