# TIVERTON ASSET MANAGEMENT LLC

> Institutional holdings reported to the SEC as of Q3 2019 on Form 13F. CIK 1568680. Source: https://holderbook.com/funds/1568680-tiverton-asset-management-llc/

- Reported value: $2.9B
- Positions: 708
- Weight of the ten largest: 31.0%
- Filed: 2019-11-13

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 |
|---|---|---|---|---|---|
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $132.9M | 832,792 | 4.6% | 2 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $120.6M | 538,362 | 4.2% | 4 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $101.1M | 58,244 | 3.5% | 4 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $99.1M | 712,860 | 3.4% | 4 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $87.2M | 2,164,694 | 3.0% | 4 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $86.8M | 71,059 | 3.0% | 4 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $82.8M | 277,500 | 2.9% | 4 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $66.5M | 1,356,402 | 2.3% | 4 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $57.8M | 336,242 | 2.0% | 4 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $57.5M | 322,756 | 2.0% | 4 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $36.8M | 169,265 | 1.3% | 4 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $35.3M | 152,276 | 1.2% | 4 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $31.4M | 115,641 | 1.1% | 4 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $31.3M | 265,830 | 1.1% | 4 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $30.4M | 110,024 | 1.1% | 4 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $29.2M | 223,908 | 1.0% | 4 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $28.6M | 309,612 | 1.0% | 4 |
| FIRST REP BK SAN FRANCISCO C | [FRCB](https://holderbook.com/stocks/FRCB/) | $27.7M | 286,115 | 1.0% | 4 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $25.9M | 119,571 | 0.9% | 4 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $25.7M | 47,583 | 0.9% | 4 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $25.3M | 195,602 | 0.9% | 4 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $24.9M | 298,043 | 0.9% | 4 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $23.0M | 273,441 | 0.8% | 4 |
| EXACT SCIENCES CORP | [EXAS](https://holderbook.com/stocks/EXAS/) | $22.4M | 247,372 | 0.8% | 4 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $22.3M | 76,461 | 0.8% | 4 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $21.2M | 53,135 | 0.7% | 4 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $21.1M | 299,414 | 0.7% | 4 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $20.0M | 52,585 | 0.7% | 4 |
| FORTIVE CORP | [FTV](https://holderbook.com/stocks/FTV/) | $19.7M | 287,842 | 0.7% | 4 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $19.7M | 437,577 | 0.7% | 4 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $19.6M | 380,182 | 0.7% | 4 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $19.0M | 376,264 | 0.7% | 4 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $18.5M | 59,435 | 0.6% | 4 |
| FASTENAL CO | [FAST](https://holderbook.com/stocks/FAST/) | $18.4M | 563,530 | 0.6% | 4 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $17.6M | 79,194 | 0.6% | 4 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $16.9M | 116,760 | 0.6% | 4 |
| ROSS STORES INC | [ROST](https://holderbook.com/stocks/ROST/) | $16.6M | 151,534 | 0.6% | 4 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $16.6M | 140,124 | 0.6% | 4 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $16.2M | 172,351 | 0.6% | 4 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $16.1M | 92,492 | 0.6% | 4 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $16.0M | 287,404 | 0.6% | 4 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $16.0M | 76,976 | 0.6% | 4 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $16.0M | 68,599 | 0.6% | 4 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $15.5M | 532,832 | 0.5% | 4 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $14.9M | 70,413 | 0.5% | 4 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $14.7M | 113,867 | 0.5% | 4 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $14.5M | 290,086 | 0.5% | 4 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $14.4M | 115,387 | 0.5% | 4 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $14.0M | 231,233 | 0.5% | 4 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $13.6M | 125,227 | 0.5% | 4 |
| COSTAR GROUP INC | [CSGP](https://holderbook.com/stocks/CSGP/) | $13.5M | 22,824 | 0.5% | 4 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $13.5M | 46,852 | 0.5% | 4 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $13.1M | 10,743 | 0.5% | 4 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $13.1M | 87,974 | 0.5% | 4 |
| ISHARES INC | [EWY](https://holderbook.com/stocks/EWY/) | $12.6M | 223,369 | 0.4% | 4 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $12.6M | 332,036 | 0.4% | 4 |
| KNIGHT-SWIFT TRANSN HLDGS IN | [KNX](https://holderbook.com/stocks/KNX/) | $12.1M | 334,292 | 0.4% | 4 |
| IQVIA HLDGS INC | [IQV](https://holderbook.com/stocks/IQV/) | $12.1M | 80,787 | 0.4% | 4 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $12.0M | 74,119 | 0.4% | 4 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $12.0M | 54,098 | 0.4% | 4 |
| WNS HLDGS LTD | [WNSXXXX](https://holderbook.com/stocks/WNSXXXX/) | $11.8M | 201,195 | 0.4% | 4 |
| LKQ CORP | [LKQ](https://holderbook.com/stocks/LKQ/) | $11.5M | 365,902 | 0.4% | 4 |
| TELADOC HEALTH INC | [TDOC](https://holderbook.com/stocks/TDOC/) | $11.5M | 169,608 | 0.4% | 4 |
| EPAM SYS INC | [EPAM](https://holderbook.com/stocks/EPAM/) | $11.2M | 61,450 | 0.4% | 4 |
| PLURALSIGHT INC | [PS](https://holderbook.com/stocks/PS/) | $11.2M | 666,217 | 0.4% | 4 |
| MONRO INC | [MNRO](https://holderbook.com/stocks/MNRO/) | $11.2M | 141,532 | 0.4% | 4 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $11.1M | 71,190 | 0.4% | 4 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $11.0M | 43,503 | 0.4% | 4 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $10.9M | 158,523 | 0.4% | 4 |
| AON PLC | [AONXXXX](https://holderbook.com/stocks/AONXXXX/) | $10.9M | 56,544 | 0.4% | 4 |
| SMITH A O CORP | [AOS](https://holderbook.com/stocks/AOS/) | $10.7M | 223,829 | 0.4% | 4 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $10.6M | 123,830 | 0.4% | 4 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $9.8M | 172,706 | 0.3% | 4 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $9.6M | 63,460 | 0.3% | 4 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $9.6M | 77,351 | 0.3% | 4 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $9.0M | 78,648 | 0.3% | 3 |
| SPLUNK INC | [SPLK](https://holderbook.com/stocks/SPLK/) | $9.0M | 76,053 | 0.3% | 4 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $8.4M | 70,527 | 0.3% | 4 |
| DOMINION ENERGY INC | [D](https://holderbook.com/stocks/D/) | $8.4M | 103,221 | 0.3% | 4 |
| STAAR SURGICAL CO | [STAA](https://holderbook.com/stocks/STAA/) | $8.3M | 323,477 | 0.3% | 4 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $8.3M | 149,524 | 0.3% | 4 |
| XILINX INC | [XLNX](https://holderbook.com/stocks/XLNX/) | $8.2M | 85,010 | 0.3% | 4 |
| LYONDELLBASELL INDUSTRIES NV | [LYB](https://holderbook.com/stocks/LYB/) | $8.0M | 89,198 | 0.3% | 4 |
| ILLUMINA INC | [ILMN](https://holderbook.com/stocks/ILMN/) | $7.9M | 25,847 | 0.3% | 4 |
| CBRE GROUP INC | [CBRE](https://holderbook.com/stocks/CBRE/) | $7.8M | 147,387 | 0.3% | 4 |
| DOLLAR GEN CORP | [DG](https://holderbook.com/stocks/DG/) | $7.7M | 48,447 | 0.3% | 4 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $7.7M | 68,747 | 0.3% | 4 |
| SVB FINANCIAL GROUP | [SIVB](https://holderbook.com/stocks/SIVB/) | $7.5M | 36,008 | 0.3% | 4 |
| HEALTHCARE SVCS GROUP INC | [HCSG](https://holderbook.com/stocks/HCSG/) | $7.5M | 308,957 | 0.3% | 4 |
| PETIQ INC | [PETQ](https://holderbook.com/stocks/PETQ/) | $7.3M | 269,206 | 0.3% | 3 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $7.3M | 85,671 | 0.3% | 4 |
| RITCHIE BROS AUCTIONEERS | [RBAXXXX](https://holderbook.com/stocks/RBAXXXX/) | $7.2M | 180,862 | 0.3% | 4 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $7.1M | 41,913 | 0.2% | 3 |
| ARISTA NETWORKS INC | [ANETXXXX](https://holderbook.com/stocks/ANETXXXX/) | $7.1M | 29,676 | 0.2% | 4 |
| FORTRESS TRANS INFRST INVS L | [FTAIXXXX](https://holderbook.com/stocks/FTAIXXXX/) | $7.0M | 463,574 | 0.2% | 4 |
| ALBEMARLE CORP | [ALB](https://holderbook.com/stocks/ALB/) | $7.0M | 100,473 | 0.2% | 4 |
| DORMAN PRODS INC | [DORM](https://holderbook.com/stocks/DORM/) | $6.8M | 85,671 | 0.2% | 4 |
| US FOODS HLDG CORP | [USFD](https://holderbook.com/stocks/USFD/) | $6.5M | 158,351 | 0.2% | 4 |
| WABTEC | [WAB](https://holderbook.com/stocks/WAB/) | $6.5M | 89,835 | 0.2% | 2 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $6.4M | 58,426 | 0.2% | 4 |

## 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 |
|---|---|---|---|---|
| Q3 2019 | +0.3% | +1.3% | -1.0% | 100% |
| Q2 2019 | +3.6% | +3.7% | -0.1% | 100% |
| Q1 2019 | +15.3% | +13.0% | +2.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2019 | $2.9B | 708 |
| Q2 2019 | $2.8B | 681 |
| Q1 2019 | $2.3B | 652 |
| Q4 2018 | $1.7B | 490 |