# CALEDONIA INVESTMENTS PLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1037766. Source: https://holderbook.com/funds/1037766-caledonia-investments-plc/

- Reported value: $883.3M
- Positions: 15
- Weight of the ten largest: 85.8%
- Filed: 2026-07-17

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 |
|---|---|---|---|---|---|
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $127.0M | 702,563 | 14.4% | 31 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $118.3M | 397,000 | 13.4% | 31 |
| WATSCO INC | [WSO](https://holderbook.com/stocks/WSO/) | $97.1M | 232,927 | 11.0% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $74.3M | 199,317 | 8.4% | 31 |
| FASTENAL CO | [FAST](https://holderbook.com/stocks/FAST/) | $66.5M | 1,385,112 | 7.5% | 26 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $61.9M | 671,000 | 7.0% | 5 |
| MOODYS CORP | [MCO](https://holderbook.com/stocks/MCO/) | $61.7M | 136,300 | 7.0% | 18 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $56.0M | 111,767 | 6.3% | 31 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $54.7M | 373,100 | 6.2% | 31 |
| CINTAS CORP | [CTAS](https://holderbook.com/stocks/CTAS/) | $40.6M | 239,000 | 4.6% | 3 |
| POOL CORP | [POOL](https://holderbook.com/stocks/POOL/) | $37.8M | 175,887 | 4.3% | 9 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $26.7M | 278,000 | 3.0% | 19 |
| CHARTER COMMUNICATIONS INC | [CHTR](https://holderbook.com/stocks/CHTR/) | $24.1M | 169,700 | 2.7% | 31 |
| FORTIS INC | [FTS](https://holderbook.com/stocks/FTS/) | $23.5M | 410,000 | 2.7% | 18 |
| PAYCHEX INC | [PAYX](https://holderbook.com/stocks/PAYX/) | $13.1M | 133,000 | 1.5% | 3 |

## 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 | +7.6% | +14.8% | -7.2% | 100% |
| Q1 2026 | -5.7% | -4.6% | -1.0% | 100% |
| Q4 2025 | -9.2% | +2.4% | -11.6% | 100% |
| Q3 2025 | +3.3% | +7.8% | -4.5% | 100% |
| Q2 2025 | +10.6% | +10.5% | +0.2% | 100% |
| Q1 2025 | +2.6% | -4.6% | +7.1% | 100% |
| Q4 2024 | -4.7% | +2.1% | -6.8% | 100% |
| Q3 2024 | +11.3% | +5.4% | +5.8% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $883.3M | 15 |
| Q1 2026 | $855.9M | 15 |
| Q4 2025 | $902.3M | 15 |
| Q3 2025 | $1.0B | 15 |
| Q2 2025 | $1.0B | 15 |
| Q1 2025 | $859.8M | 14 |
| Q4 2024 | $836.1M | 14 |
| Q3 2024 | $911.8M | 14 |
| Q2 2024 | $831.1M | 14 |
| Q1 2024 | $774.6M | 13 |
| Q4 2023 | $741.0M | 13 |
| Q3 2023 | $681.8M | 13 |