# XXEC, Inc.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1828822. Source: https://holderbook.com/funds/1828822-xxec-inc/

- Reported value: $137.5B
- Positions: 23
- Weight of the ten largest: 96.2%
- Filed: 2026-08-12

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 |
|---|---|---|---|---|---|
| ABBOTT LABS | - | $111.5B | 1,573,154 | 81.1% | 2 |
| GENTEX CORP | [GNTX](https://holderbook.com/stocks/GNTX/) | $7.8B | 189,353,845 | 5.6% | 10 |
| NOVO-NORDISK A S | [NVO](https://holderbook.com/stocks/NVO/) | $2.9B | 130,724,352 | 2.1% | 7 |
| UNIVERSAL DISPLAY CORP | [OLED](https://holderbook.com/stocks/OLED/) | $2.6B | 228,105,954 | 1.9% | 12 |
| HEARTFLOW INC | [HTFL](https://holderbook.com/stocks/HTFL/) | $2.5B | 77,870,039 | 1.8% | 4 |
| PAYCHEX INC | [PAYX](https://holderbook.com/stocks/PAYX/) | $1.1B | 108,649,188 | 0.8% | 2 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.1B | 217,581,514 | 0.8% | 3 |
| VERISK ANALYTICS INC | [VRSK](https://holderbook.com/stocks/VRSK/) | $1.0B | 173,899,372 | 0.8% | 14 |
| NORDSON CORP | [NDSN](https://holderbook.com/stocks/NDSN/) | $951.5M | 257,400,615 | 0.7% | 13 |
| XYLEM INC | [XYL](https://holderbook.com/stocks/XYL/) | $869.1M | 94,807,220 | 0.6% | 23 |
| BADGER METER INC | - | $851.1M | 104,904,943 | 0.6% | 4 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $768.5M | 99,016,813 | 0.6% | 4 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $612.8M | 186,387,120 | 0.4% | 24 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $568.1M | 207,755,156 | 0.4% | 24 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $552.6M | 249,520,992 | 0.4% | 24 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $475.4M | 141,060,302 | 0.3% | 24 |
| MOODYS CORP | [MCO](https://holderbook.com/stocks/MCO/) | $429.1M | 164,191,701 | 0.3% | 16 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $254.4M | 74,224,213 | 0.2% | 9 |
| WASTE CONNECTIONS INC | [WCN](https://holderbook.com/stocks/WCN/) | $170.8M | 26,413,755 | 0.1% | 1 |
| MCCORMICK & CO INC | [MKC](https://holderbook.com/stocks/MKC/) | $155.8M | 7,439,567 | 0.1% | 1 |
| RELIANCE GLOBAL GROUP INC | [EZRA](https://holderbook.com/stocks/EZRA/) | $144.8M | 48,212,919 | 0.1% | 2 |
| METTLER TOLEDO INTERNATIONAL | [MTD](https://holderbook.com/stocks/MTD/) | $128.2M | 88,876,231 | 0.1% | 24 |
| FAIR ISAAC CORP | [FICO](https://holderbook.com/stocks/FICO/) | $65.4M | 38,841,609 | 0.0% | 17 |

## 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 | +4.7% | +14.8% | -10.1% | 88% |
| Q1 2026 | -8.1% | -4.6% | -3.5% | 97% |
| Q4 2025 | +0.8% | +2.4% | -1.6% | 92% |
| Q3 2025 | +1.4% | +7.8% | -6.4% | 100% |
| Q2 2025 | +7.9% | +10.5% | -2.5% | 100% |
| Q1 2025 | -2.6% | -4.6% | +1.9% | 100% |
| Q4 2024 | -3.9% | +2.1% | -6.0% | 100% |
| Q3 2024 | +5.1% | +5.4% | -0.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $137.5B | 23 |
| Q1 2026 | $570.6M | 23 |
| Q4 2025 | $100.1M | 22 |
| Q3 2025 | $118.6M | 22 |
| Q2 2025 | $124.4M | 19 |
| Q1 2025 | $115.4M | 21 |
| Q4 2024 | $120.6M | 21 |
| Q3 2024 | $132.4M | 20 |
| Q2 2024 | $129.6M | 23 |
| Q1 2024 | $132.9M | 23 |
| Q4 2023 | $127.0M | 23 |
| Q3 2023 | $118.5M | 23 |