Stock	Shares	Value	Weight	Price Trend	Avg Buy	Est. P&L	Held	Conviction
GOOGL Alphabet Inc	1.6M	$503.5M	5.3%	—	$94.13	+233.43%	23 qtrs	Decreased 0
IQV IQVIA Holdings Inc	2.2M	$500.5M	5.2%	—	$130.17	+74.92%	24 qtrs	Decreased 0
MCO Moody's Corp	966,467	$493.7M	5.2%	—	$269.90	+91.09%	16 qtrs	Decreased 0
TMO Thermo Fisher Scientific Inc	850,276	$492.7M	5.1%	—	$525.60	+11.01%	9 qtrs	Decreased 0
BKNG Booking Holdings Inc	91,069	$487.7M	5.1%	—	$1,676.79	+223.66%	14 qtrs	Decreased 0
AXP American Express Co	1.3M	$482.7M	5.0%	—	$88.83	+319.40%	25 qtrs	Decreased 0
MSFT Microsoft Corp	988,547	$478.1M	5.0%	—	$254.38	+91.64%	15 qtrs	Decreased 0
CRM Salesforce Inc	1.7M	$446.1M	4.7%	—	$267.34	-0.53%	4 qtrs	Decreased 0
V Visa Inc	1.3M	$443.7M	4.6%	—	$217.92	+61.94%	12 qtrs	Decreased 0
SPGI S&P Global Inc	829,280	$433.4M	4.5%	—	$304.65	+73.21%	14 qtrs	Decreased 0
BDX Becton Dickinson & Co	2.2M	$419.3M	4.4%	—	$169.64	-9.33%	20 qtrs	Decreased 0
MSCI MSCI Inc	723,812	$415.3M	4.3%	—	$565.34	+2.59%	3 qtrs	Increased 59
UNH UnitedHealth Group Inc	1.3M	$414.2M	4.3%	—	$293.10	+13.33%	28 qtrs	Decreased 0
FIS Fidelity National Information Services Inc	6.2M	$413.4M	4.3%	—	$52.29	+28.45%	11 qtrs	Decreased 0
ADBE Adobe Inc	1.2M	$410.5M	4.3%	—	$528.06	-33.24%	7 qtrs	Decreased 0
AON Aon PLC	1.1M	$390.2M	4.1%	—	$189.82	+87.80%	23 qtrs	Decreased 0
CME CME Group Inc	1.4M	$378.7M	4.0%	—	$275.83	0.00%	1 qtr	New 87
MRSH Marsh & McLennan Cos Inc	2M	$374.2M	3.9%	—	$140.80	+32.40%	19 qtrs	Decreased 0
SYY Sysco Corp	4.9M	$361.7M	3.8%	—	$57.01	+29.20%	26 qtrs	Decreased 0
NKE NIKE Inc	5.6M	$358.3M	3.7%	—	$86.64	-29.38%	8 qtrs	Decreased 0
CDW CDW Corp/DE	2.6M	$348.8M	3.6%	—	$173.94	-20.44%	17 qtrs	Decreased 0
WST West Pharmaceutical Services Inc	1.1M	$311.2M	3.2%	—	$271.41	+1.92%	2 qtrs	Increased 93
FISV Fiserv Inc	3.2M	$218M	2.3%	—	$103.69	-34.86%	28 qtrs	Increased 53

Accumulation Streaks

Positions with 2+ consecutive quarters of increases — persistent directional conviction.

Security

FISVFiserv Inc

Q3 2025 → Q4 2025+590,492 shares-$239.8M

MSCIMSCI Inc

Q3 2025 → Q4 2025+701,085 shares+$402.2M

Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer