Junto Capital Management LP 13F holdings, Q3 2025
Junto Capital Management LP disclosed 71 US equity positions worth $4.8bn in its Q3 2025 13F filing. Its largest position is RSP at 4.9% of the reported book, followed by BLK and MS. Versus Q2 2025 it opened 39 new positions, added to 10, reduced 22 and exited 38.
- $4.8bn
- Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
- 71
- Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
- 4.9%
- Largest position The largest single position as a share of the reported equity book.
- 32.5%
- Top 10 weight The ten largest positions together, as a share of the reported equity book.
- 49
- Effective positions 1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
- 47
- Quarters on file since Q4 2014 Quarters for which this manager's 13F holdings are on record.
Holdings
Against Q2 2025: 39 new, 10 added, 22 reduced, 38 exited
| RSP INVESCO EXCHANGE TRADED FD T | 4.9% | −40% | reduced |
| BLK BLACKROCK INC | 3.8% | +71% | added |
| MS MORGAN STANLEY | 3.6% | – | new |
| SPGI S&P GLOBAL INC | 3.4% | +79% | added |
| CSX CSX CORP | 3.1% | – | new |
| ROST ROSS STORES INC | 3.1% | +185% | added |
| YUM YUM BRANDS INC | 2.8% | – | new |
| ARMK ARAMARK | 2.8% | – | new |
| BURL BURLINGTON STORES INC | 2.7% | +168% | added |
| LPLA LPL FINL HLDGS INC | 2.4% | +51% | added |
| PFGC PERFORMANCE FOOD GROUP CO | 2.4% | −31% | reduced |
| V VISA INC | 2.3% | – | new |
| TMUS T-MOBILE US INC | 2.0% | – | new |
| KNX KNIGHT-SWIFT TRANSN HLDGS IN | 1.9% | +252% | added |
| SSNC SS&C TECHNOLOGIES HLDGS INC | 1.9% | – | new |
| SPOT SPOTIFY TECHNOLOGY S A | 1.8% | – | new |
| HBAN HUNTINGTON BANCSHARES INC | 1.8% | – | new |
| USMV ISHARES TR | 1.8% | – | new |
| AS AMER SPORTS INC | 1.8% | −2.7% | reduced |
| CME CME GROUP INC | 1.7% | – | new |
| DIS DISNEY WALT CO | 1.7% | – | new |
| CCL CARNIVAL CORP | 1.7% | −54% | reduced |
| BKNG BOOKING HOLDINGS INC | 1.7% | +10% | added |
| WAB WABTEC | 1.7% | – | new |
| MSFT MICROSOFT CORP | 1.7% | +92% | added |
| ORLY OREILLY AUTOMOTIVE INC | 1.7% | – | new |
| PLNT PLANET FITNESS INC | 1.5% | – | new |
| COF CAPITAL ONE FINL CORP | 1.5% | −75% | reduced |
| BAC BANK OF AMER CORP | 1.5% | −6.8% | reduced |
| TT TRANE TECHNOLOGIES PLC | 1.4% | – | new |
| PHM PULTE GROUP INC | 1.4% | −12% | reduced |
| GPC GENUINE PARTS CO | 1.4% | – | new |
| BR BROADRIDGE FINL SOLUTIONS IN | 1.4% | – | new |
| LMT LOCKHEED MARTIN CORP | 1.3% | – | new |
| CRM SALESFORCE INC | 1.2% | +4.7% | added |
| FLEX FLEX LTD | 1.2% | – | new |
| ECHO ECHOSTAR CORP | 1.2% | – | new |
| AMAT APPLIED MATLS INC | 1.1% | – | new |
| AAPL APPLE INC | 1.0% | – | new |
| KR KROGER CO | 1.0% | – | new |
| BX BLACKSTONE INC | 1.0% | – | new |
| TSM TAIWAN SEMICONDUCTOR MANUFAC | 1.0% | −20% | reduced |
| KKR KKR & CO INC | 1.0% | −56% | reduced |
| PTC PTC INC | 0.9% | −55% | reduced |
| CFG CITIZENS FINL GROUP INC | 0.8% | – | new |
| TXRH TEXAS ROADHOUSE INC | 0.8% | – | new |
| ONTO ONTO INNOVATION INC | 0.8% | – | new |
| C CITIGROUP INC | 0.8% | −44% | reduced |
| AMZN AMAZON COM INC | 0.8% | – | new |
| ASO ACADEMY SPORTS & OUTDOORS IN | 0.8% | – | new |
Exited since Q2 2025
| ICE INTERCONTINENTAL EXCHANGE IN | 3.5% | $164m |
| JPM JPMORGAN CHASE & CO | 1.9% | $91.6m |
| BRBR BELLRING BRANDS INC | 1.9% | $88.5m |
| SHAK SHAKE SHACK INC | 1.8% | $86.2m |
| MA MASTERCARD INC | 1.8% | $84.9m |
| MCD MCDONALDS CORP | 1.6% | $76.8m |
| TXN TEXAS INSTRS INC | 1.6% | $74.7m |
| DDOG DATADOG INC | 1.4% | $68.4m |
| STM STMICROELECTRONICS N V | 1.4% | $66.7m |
| WH WYNDHAM HOTELS & RESORTS INC | 1.4% | $66.3m |
| DLTR DOLLAR TREE INC | 1.3% | $62.8m |
| TRU TRANSUNION | 1.3% | $62.7m |
| 9998819D PINNACLE FINL PARTNERS INC | 1.2% | $56.6m |
| CDW CDW CORP | 1.2% | $56.3m |
| URBN URBAN OUTFITTERS INC | 1.2% | $56.1m |
| MTB M & T BK CORP | 1.2% | $55.3m |
| OMC OMNICOM GROUP INC | 1.1% | $51.4m |
| LLY ELI LILLY & CO | 1.0% | $48.3m |
| LRCX LAM RESEARCH CORP | 1.0% | $47.7m |
| RCL ROYAL CARIBBEAN CRUISES LTD | 1.0% | $46.4m |
| BFAM BRIGHT HORIZONS FAM SOL IN D | 1.0% | $46.0m |
| ON ON SEMICONDUCTOR CORP | 1.0% | $45.4m |
| ABNB AIRBNB INC | 0.9% | $43.0m |
| NSC NORFOLK SOUTHERN CORP | 0.9% | $42.8m |
| AMD ADVANCED MICRO DEVICES INC | 0.9% | $42.6m |
| FOXA FOX CORP | 0.9% | $40.6m |
| ON HLDG AG no ticker | 0.8% | $39.1m |
| INTU INTUIT | 0.8% | $37.4m |
| DASH DOORDASH INC | 0.8% | $36.9m |
| ADP AUTOMATIC DATA PROCESSING IN | 0.8% | $36.8m |
| CLS CELESTICA INC | 0.7% | $34.8m |
| MTD METTLER TOLEDO INTERNATIONAL | 0.6% | $28.8m |
| EPAM EPAM SYS INC | 0.6% | $28.3m |
| STX SEAGATE TECHNOLOGY HLDNGS PL | 0.6% | $27.6m |
| CAKE CHEESECAKE FACTORY INC | 0.5% | $25.2m |
| INTC INTEL CORP | 0.5% | $24.0m |
| CAG CONAGRA BRANDS INC | 0.5% | $24.0m |
| CRL CHARLES RIV LABS INTL INC | 0.3% | $15.2m |
Sector mix
Book over time
Every quarter on file (47)
| Quarter | Positions | Equity book |
|---|---|---|
| Q2 2026 | 80 | $5.4bn |
| Q1 2026 | 86 | $4.7bn |
| Q4 2025 | 69 | $4.5bn |
| Q3 2025 | 71 | $4.8bn |
| Q2 2025 | 70 | $4.7bn |
| Q1 2025 | 80 | $4.4bn |
| Q4 2024 | 75 | $5.0bn |
| Q3 2024 | 73 | $4.4bn |
| Q2 2024 | 74 | $4.5bn |
| Q1 2024 | 72 | $4.5bn |
| Q4 2023 | 73 | $4.3bn |
| Q3 2023 | 71 | $4.2bn |
| Q2 2023 | 68 | $3.9bn |
| Q1 2023 | 79 | $3.6bn |
| Q4 2022 | 82 | $3.5bn |
| Q3 2022 | 77 | $3.6bn |
| Q2 2022 | 73 | $3.4bn |
| Q1 2022 | 69 | $3.6bn |
| Q4 2021 | 67 | $3.9bn |
| Q3 2021 | 57 | $3.2bn |
| Q2 2021 | 54 | $3.1bn |
| Q1 2021 | 48 | $2.8bn |
| Q4 2020 | 57 | $3.0bn |
| Q3 2020 | 47 | $2.8bn |
| Q2 2020 | 50 | $2.3bn |
| Q1 2020 | 36 | $1.4bn |
| Q4 2019 | 43 | $2.1bn |
| Q3 2019 | 40 | $1.7bn |
| Q2 2019 | 35 | $1.7bn |
| Q1 2019 | 42 | $1.7bn |
| Q4 2018 | 37 | $1.4bn |
| Q3 2018 | 40 | $1.7bn |
| Q2 2018 | 37 | $1.4bn |
| Q1 2018 | 36 | $1.3bn |
| Q4 2017 | 32 | $1.3bn |
| Q3 2017 | 38 | $1.2bn |
| Q2 2017 | 37 | $1.1bn |
| Q1 2017 | 30 | $1.0bn |
| Q4 2016 | 29 | $916m |
| Q3 2016 | 26 | $761m |
| Q2 2016 | 22 | $640m |
| Q1 2016 | 19 | $584m |
| Q4 2015 | 21 | $684m |
| Q3 2015 | 20 | $447m |
| Q2 2015 | 18 | $432m |
| Q1 2015 | 19 | $353m |
| Q4 2014 | 16 | $326m |
Where Junto Capital Management LP was early
| IBKR INTERACTIVE BROKERS GROUP IN | Q1 2015 | 4 of 177 | 5.6% | Exited by Q2 2024 | +228% |
| SSNC SS&C TECH HLDGS | Q1 2015 | 4 of 163 | 8.1% | Exited by Q2 2026 | +117% |
| IVZ INVESCO LTD | Q1 2015 | 6 of 109 | 6.2% | Exited by Q4 2016 | −21% |
| MS MORGAN STANLEY | Q1 2015 | 9 of 178 | 4.1% | Exited by Q2 2026 | +361% |
| TYL TYLER TECHNOLOGIES INC | Q1 2015 | 15 of 141 | 3.3% | Exited by Q3 2024 | +317% |
| CCI CROWN CASTLE INC | Q2 2015 | 8 of 168 | 7.1% | Held at last filing, Q2 2026 | −5.7% |
| MSCI MSCI INC | Q2 2015 | 8 of 176 | 7.1% | Held at last filing, Q2 2026 | +810% |
| NTRS NORTHERN TR CORP | Q2 2015 | 8 of 117 | 8.1% | Exited by Q2 2022 | +52% |
| MKTX MARKETAXESS HLDGS INC | Q3 2015 | 1 of 130 | 4.6% | Exited by Q1 2022 | +343% |
| RJF RAYMOND JAMES FINL INC | Q4 2015 | 2 of 110 | 5.5% | Exited by Q3 2022 | +131% |
| BLK BLACKROCK INC | Q4 2015 | 7 of 155 | 3.9% | Held at last filing, Q2 2026 | +182% |
| G GENPACT LIMITED | Q4 2015 | 8 of 101 | 2.0% | Exited by Q2 2023 | +85% |
| ICE INTERCONTINENTAL EXCHANGE IN | Q4 2015 | 19 of 217 | 7.7% | Exited by Q1 2026 | +216% |
| TRU TRANSUNION | Q1 2016 | 3 of 157 | 4.1% | Held at last filing, Q2 2026 | +161% |
| TROW PRICE T ROWE GROUP INC | Q1 2016 | 12 of 120 | 4.8% | Exited by Q3 2020 | +68% |
| TMUS T-MOBILE US INC | Q1 2016 | 17 of 246 | 5.4% | Exited by Q2 2026 | +448% |
| SPGI S&P GLOBAL INC | Q2 2016 | 11 of 247 | 4.0% | Exited by Q4 2025 | +354% |
| SCHW SCHWAB CHARLES CORP | Q2 2016 | 15 of 221 | 4.6% | Exited by Q2 2025 | +209% |
| GDDY GODADDY INC | Q3 2016 | 8 of 190 | 4.7% | Exited by Q4 2017 | +26% |
| ULTA ULTA BEAUTY INC | Q3 2016 | 10 of 178 | 2.0% | Exited by Q4 2023 | +68% |
| CBOE CBOE GLOBAL MKTS INC | Q4 2016 | 3 of 141 | 4.4% | Exited by Q1 2026 | +240% |
| CDW CDW CORP | Q4 2016 | 7 of 148 | 1.7% | Exited by Q3 2025 | +243% |
| DIS DISNEY WALT CO | Q4 2016 | 26 of 253 | 6.1% | Exited by Q4 2025 | +9.9% |
| CTAS CINTAS CORP | Q1 2017 | 7 of 139 | 5.9% | Exited by Q3 2023 | +293% |
| EPAM EPAM SYS INC | Q1 2017 | 9 of 164 | 1.5% | Exited by Q3 2025 | +134% |
| TJX TJX COS INC NEW | Q1 2017 | 15 of 185 | 2.2% | Held at last filing, Q2 2026 | +283% |
| FIVE FIVE BELOW INC | Q1 2017 | 18 of 174 | 0.8% | Exited by Q2 2025 | +73% |
| PLNT PLANET FITNESS INC | Q2 2017 | 3 of 169 | 3.3% | Exited by Q1 2026 | +365% |
| WEX WEX INC | Q2 2017 | 5 of 156 | 2.8% | Exited by Q2 2021 | +101% |
| KMX CARMAX INC | Q2 2017 | 10 of 168 | 1.2% | Exited by Q1 2020 | +39% |
| CNDT CONDUENT INC | Q2 2017 | 11 of 117 | 1.4% | Exited by Q4 2017 | −1.7% |
| FDS FACTSET RESH SYS INC | Q2 2017 | 11 of 130 | 1.8% | Exited by Q1 2023 | +141% |
| DHI D R HORTON INC | Q2 2017 | 18 of 201 | 2.6% | Exited by Q1 2023 | +158% |
| BURL BURLINGTON STORES INC | Q3 2017 | 9 of 171 | 2.6% | Exited by Q4 2025 | +167% |
| LPLA LPL FINL HLDGS INC | Q3 2017 | 11 of 180 | 3.5% | Exited by Q2 2026 | +483% |
| LYV LIVE NATION ENTERTAINMENT IN | Q3 2017 | 11 of 216 | 2.5% | Exited by Q2 2026 | +250% |
| OC OWENS CORNING NEW | Q4 2017 | 10 of 154 | 3.5% | Exited by Q4 2025 | +54% |
| IT GARTNER INC | Q1 2018 | 9 of 133 | 5.2% | Exited by Q1 2025 | +312% |
| MSGS MADISON SQUARE GARDEN CO NEW | Q1 2018 | 9 of 150 | 1.1% | Exited by Q3 2019 | +14% |
| WP WORLDPAY INC | Q1 2018 | 10 of 114 | 1.9% | Exited by Q3 2019 | +49% |
| NBIS YANDEX N V | Q1 2018 | 20 of 249 | 1.8% | Exited by Q4 2018 | −17% |
| WMT WALMART INC | Q1 2018 | 21 of 201 | 1.3% | Held at last filing, Q2 2026 | +282% |
| TPR TAPESTRY INC | Q2 2018 | 8 of 173 | 2.6% | Exited by Q2 2023 | −7.7% |
| JLL JONES LANG LASALLE INC | Q3 2018 | 9 of 133 | 1.5% | Exited by Q3 2019 | −2.5% |
| DPZ DOMINOS PIZZA INC | Q3 2018 | 15 of 173 | 1.8% | Exited by Q2 2025 | +56% |
| KKR KKR & CO INC | Q3 2018 | 20 of 211 | 3.1% | Exited by Q2 2026 | +239% |
| BR BROADRIDGE FINL SOLUTIONS IN | Q4 2018 | 3 of 117 | 2.5% | Exited by Q4 2025 | +147% |
| IPG INTERPUBLIC GROUP COS INC | Q1 2019 | 6 of 129 | 1.9% | Exited by Q3 2022 | +31% |
| OLLI OLLIES BARGAIN OUTLET HLDGS | Q1 2019 | 7 of 134 | 1.1% | Exited by Q1 2025 | +29% |
| SWK STANLEY BLACK & DECKER INC | Q1 2019 | 13 of 142 | 1.0% | Exited by Q1 2021 | +31% |
| TW TRADEWEB MKTS INC | Q3 2019 | 8 of 138 | 1.6% | Held at last filing, Q2 2026 | +170% |
| COF CAPITAL ONE FINL CORP | Q3 2019 | 23 of 227 | 2.3% | Held at last filing, Q2 2026 | +121% |
| ARES ARES MANAGEMENT CORPORATION | Q4 2019 | 5 of 151 | 0.6% | Held at last filing, Q2 2026 | +212% |
| DECK DECKERS OUTDOOR CORP | Q4 2019 | 15 of 185 | 2.2% | Exited by Q1 2025 | +622% |
| JKHY HENRY JACK & ASSOC INC | Q1 2020 | 2 of 110 | 1.9% | Exited by Q1 2026 | +18% |
| MUSA MURPHY USA INC | Q2 2020 | 4 of 127 | 1.8% | Exited by Q1 2026 | +258% |
| CROX CROCS INC | Q2 2020 | 9 of 156 | 2.1% | Exited by Q2 2021 | +119% |
| CPRI CAPRI HOLDINGS LIMITED | Q3 2020 | 11 of 194 | 0.7% | Exited by Q1 2026 | +36% |
| HWM HOWMET AEROSPACE INC | Q1 2021 | 9 of 169 | 2.5% | Exited by Q1 2024 | +68% |
| AJG GALLAGHER ARTHUR J & CO | Q2 2021 | 8 of 147 | 1.4% | Exited by Q1 2025 | +103% |
| GTM ZOOMINFO TECHNOLOGIES INC | Q4 2021 | 14 of 197 | 1.6% | Exited by Q3 2022 | −48% |
| RSP INVESCO EXCHANGE TRADED FD T | Q4 2022 | 8 of 116 | 3.3% | Held at last filing, Q2 2026 | +51% |
Concentration and tenure
- 5.7%
- Median largest position, all quarters The largest single position as a share of the reported equity book.
- 38.9%
- Median top 10 weight, all quarters The ten largest positions together, as a share of the reported equity book.
- Concentrated
- Style, by median largest position
- 1
- Median completed holding, quarters