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Saraza Management, LP 13F holdings, Q2 2025

Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →

Saraza Management, LP disclosed 18 US equity positions worth $414.0m in its Q2 2025 13F filing. The largest position was INTU at 7.6% of the reported book, followed by BN and AON. Against the Q1 2025 filing, it opened 5 new positions, added to 8 and reduced 5 among the top 18 holdings.

← Q1 2025 · Q3 2025 →

What did Saraza Management, LP own in Q2 2025? Top 18 positions

#StockSectorWeightValueSharesΔ sharesvs Q1 2025
1 INTU INTUIT Technology 7.6%$31.5m40,000 33% added
2 BN BROOKFIELD CORP Financial Services 7.1%$29.4m475,000 -3% reduced
3 AON AON PLC Financial Services 7.0%$29.2m81,750 59% added
4 COF CAPITAL ONE FINL CORP Financial Services 6.4%$26.6m125,000 -5% reduced
5 ATI ATI INC Industrials 6.4%$26.3m305,000 – new
6 TSM TAIWAN SEMICONDUCTOR MFG LTD Technology 6.3%$26.0m115,000 -11% reduced
7 DHR DANAHER CORPORATION Healthcare 6.2%$25.7m130,000 13% added
8 GEHC GE HEALTHCARE TECHNOLOGIES I Healthcare 6.1%$25.2m340,000 – new
9 MSFT MICROSOFT CORP Technology 5.9%$24.4m49,000 -18% reduced
10 AMZN AMAZON COM INC Consumer Cyclical 5.6%$23.4m106,500 – new
11 NU NU HLDGS LTD Financial Services 5.3%$21.7m1,585,000 135% added
12 CSX CSX CORP Industrials 5.1%$21.2m650,000 – new
13 APH AMPHENOL CORP NEW Technology 4.8%$19.8m200,000 1% added
14 TRU TRANSUNION Financial Services 4.4%$18.0m205,000 30% added
15 CPNG COUPANG INC Consumer Cyclical 4.2%$17.2m575,000 -37% reduced
16 WDAY WORKDAY INC Technology 4.1%$17.2m71,500 19% added
17 EXPE EXPEDIA GROUP INC Consumer Cyclical 4.1%$17.0m101,000 60% added
18 V VISA INC Financial Services 3.4%$14.2m40,000 – new

Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.