WhaleCreep

WCM Investment Management 13F holdings, Q2 2023

Long-only investorSEC filingsCompare with another fundHoldings as of 2023-06-30, filed 2023-07-14

WCM Investment Management disclosed 217 US equity positions worth $33.5bn in its Q2 2023 13F filing. Its largest position is CP at 7.5% of the reported book, followed by AON and IBN. Versus Q1 2023 it opened 19 new positions, added to 87, reduced 67 and exited 13.

$33.5bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
217
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
7.5%
Largest position
The largest single position as a share of the reported equity book.
46.7%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
32
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
110
Quarters on file since Q2 1999
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q1 2023: 19 new, 87 added, 67 reduced, 13 exited

50 of 217
CP CANADIAN PACIFIC KANSAS CITYIndustrials7.5%$2.5bn31.28m–new
AON AON PLCFinancial Services5.2%$1.7bn5.03m+0.7%added
IBN ICICI BANK LIMITEDFinancial Services4.9%$1.6bn71.34m+0.7%added
TEAM ATLASSIAN CORPORATIONTechnology4.8%$1.6bn9.50m−0.3%held
ASML ASML HLDG NVTechnology4.4%$1.5bn2.05m−1.2%reduced
ICLR ICON PLCHealthcare4.4%$1.5bn5.83m+0.7%added
LIN LINDE PLCBasic Materials4.3%$1.4bn3.74m−0.1%held
WCN WASTE CONNECTIONS INCIndustrials3.9%$1.3bn9.06m+4.3%added
STE STERIS PLCHealthcare3.7%$1.2bn5.49m+0.6%added
MTD METTLER TOLEDO INTERNATIONALHealthcare3.7%$1.2bn928,095+0.4%held
ARCH CAP GROUP LTD no ticker–3.1%$1.0bn13.75m+7.7%added
ACCENTURE PLC IRELAND no ticker–3.0%$1000m3.23m+0.9%added
RMD RESMED INCHealthcare2.3%$769m3.50m+0.7%added
MSFT MICROSOFT CORPTechnology2.0%$654m1.92m+31%added
EPAM EPAM SYS INCTechnology1.9%$653m2.90m+3.5%added
AMZN AMAZON COM INCConsumer Cyclical1.9%$629m4.83m+35%added
DDOG DATADOG INCTechnology1.8%$610m6.20m+30%added
SYK STRYKER CORPORATIONHealthcare1.8%$587m1.92m−0.7%reduced
V VISA INCFinancial Services1.7%$586m2.46m−0.6%reduced
UNH UNITEDHEALTH GROUP INCHealthcare1.7%$568m1.18m−0.7%reduced
ENTG ENTEGRIS INCTechnology1.7%$568m5.10m+51%added
AJG GALLAGHER ARTHUR J & COFinancial Services1.7%$561m2.55m−0.7%reduced
NVO NOVO-NORDISK A SHealthcare1.7%$560m3.47m−1.0%reduced
RACE FERRARI N VConsumer Cyclical1.7%$554m1.70m−4.9%reduced
LPLA LPL FINL HLDGS INCFinancial Services1.6%$532m2.45m−0.7%reduced
TMO THERMO FISHER SCIENTIFIC INCHealthcare1.5%$510m975,415−0.6%reduced
ANET ARISTA NETWORKS INCTechnology1.4%$466m2.87m–new
FND FLOOR & DECOR HLDGS INCConsumer Cyclical1.4%$461m4.41m−0.7%reduced
MCK MCKESSON CORPHealthcare1.4%$461m1.07m+19%added
BAH BOOZ ALLEN HAMILTON HLDG CORIndustrials1.4%$460m4.12m−0.7%reduced
LRCX LAM RESEARCH CORPTechnology1.1%$381m587,846−31%reduced
ODFL OLD DOMINION FREIGHT LINE INIndustrials1.1%$369m998,756−5.7%reduced
AZN ASTRAZENECA PLCHealthcare1.1%$365m5.10m−0.9%reduced
HEI/A HEICO CORP NEW–1.0%$342m2.42m−1.0%reduced
SNOW SNOWFLAKE INCTechnology1.0%$338m1.92m+24%added
NVDA NVIDIA CORPORATIONTechnology0.9%$307m751,127–new
FERGUSON PLC NEW no ticker–0.9%$300m1.90m+20%added
COST COSTCO WHOLESALE CORPORATIONConsumer Defensive0.8%$280m520,615−0.7%reduced
CTVA CORTEVA INCBasic Materials0.8%$254m4.43m−0.8%reduced
BILL BILL HOLDINGS INCTechnology0.6%$211m1.81m+5.1%added
TRI4EUR THOMSON REUTERS CORP–0.2%$83.0m613,712–new
FMX FOMENTO ECONOMICO MEXICANO SConsumer Defensive0.2%$72.0m650,999–new
GLOB GLOBANT S ATechnology0.2%$70.5m389,025−4.0%reduced
WNSN WNS HLDGS LTD–0.2%$68.5m926,873−34%reduced
ZTO ZTO EXPRESS CAYMAN INCIndustrials0.2%$52.2m2.09m−2.5%reduced
ADUS ADDUS HOMECARE CORPHealthcare0.1%$47.8m512,9430.0%held
FN FABRINETTechnology0.1%$46.4m353,758−4.0%reduced
AZTA AZENTA INCHealthcare0.1%$46.4m993,590+6.8%added
TTEK TETRA TECH INC NEWIndustrials0.1%$46.3m280,915+163%added
VRRM VERRA MOBILITY CORPTechnology0.1%$42.1m2.13m−0.1%held

Exited since Q1 2023

13 rows
CANADIAN PAC RY LTD no ticker7.2%$2.3bn
MSCI MSCI INC1.4%$435m
THOMSON REUTERS CORP. no ticker0.7%$231m
NOW SERVICENOW INC0.7%$214m
ASR GRUPO AEROPORTUARIO DEL SURE0.2%$78.2m
BZ KANZHUN LIMITED0.08%$24.8m
CSX CSX CORP0.04%$11.6m
AHCO ADAPTHEALTH CORP0.03%$8.3m
TNDM TANDEM DIABETES CARE INC0.02%$6.1m
NSTGEUR NANOSTRING TECHNOLOGIES INC0.02%$4.7m
UNILEVER PLC no ticker0.0%$481k
LULU LULULEMON ATHLETICA INC0.0%$290k
CNI CANADIAN NATL RY CO0.0%$18.4k

Sector mix

  • Healthcare24.2%
  • Technology23.1%
  • Financial Services15.4%
  • Industrials15.2%
  • Unclassified9.5%
  • Consumer Cyclical5.7%
  • Basic Materials5.3%
  • Consumer Defensive1.4%
  • Energy0.1%
  • Real Estate0.1%
  • Communication Services0.06%

Book over time

Every quarter on file (110)
QuarterPositionsEquity book
Q2 2026266$55.2bn
Q1 2026263$43.8bn
Q4 2025241$48.6bn
Q3 2025228$48.1bn
Q2 2025219$43.8bn
Q1 2025278$38.9bn
Q4 2024288$42.5bn
Q3 2024289$44.1bn
Q2 2024267$42.3bn
Q1 2024247$42.1bn
Q4 2023249$36.2bn
Q3 2023207$34.1bn
Q2 2023217$33.5bn
Q1 2023211$31.3bn
Q4 2022210$30.0bn
Q3 2022192$27.9bn
Q2 2022202$27.9bn
Q1 2022201$35.8bn
Q4 2021205$44.4bn
Q3 2021204$43.3bn
Q2 2021195$39.4bn
Q1 2021189$36.5bn
Q4 2020193$36.8bn
Q3 2020179$28.5bn
Q2 2020180$26.1bn
Q1 2020180$18.1bn
Q4 2019157$18.6bn
Q3 2019152$16.7bn
Q2 2019151$16.0bn
Q1 2019142$14.4bn
Q4 201879$11.2bn
Q3 201878$11.2bn
Q2 201882$9.7bn
Q1 201894$10.7bn
Q4 201796$8.8bn
Q3 201787$7.9bn
Q2 201784$6.5bn
Q1 2017114$9.2bn
Q4 2016168$8.3bn
Q3 2016162$8.8bn
Q2 2016114$6.3bn
Q1 2016115$6.4bn
Q4 201592$4.9bn
Q3 2015107$4.0bn
Q2 2015115$4.4bn
Q1 2015141$4.9bn
Q4 2014114$3.5bn
Q3 2014113$3.2bn
Q2 2014141$4.0bn
Q1 2014138$2.8bn
Q4 2013133$2.8bn
Q3 2013126$1.9bn
Q2 2013140$1.9bn
Q1 2013140$1.4bn
Q4 2012107$1.2bn
Q3 2012117$1.2bn
Q2 2012120$1.0bn
Q1 2012123$960m
Q4 2011118$803m
Q3 2011112$570m
Q2 2011120$731m
Q1 2011131$676m
Q4 2010118$617m
Q3 2010120$540m
Q2 2010100$458m
Q1 2010105$967m
Q4 2009103$932m
Q3 2009108$936m
Q2 2009102$887m
Q1 200975$710m
Q4 200876$786m
Q3 200875$1.1bn
Q2 200883$1.3bn
Q1 200879$1.5bn
Q4 200780$1.7bn
Q3 2007106$2.0bn
Q2 200781$2.0bn
Q4 200676$2.3bn
Q3 200686$2.6bn
Q2 200690$2.7bn
Q1 200684$2.8bn
Q4 200587$2.9bn
Q3 200580$2.7bn
Q2 200584$1.9bn
Q1 200586$1.7bn
Q4 2004101$1.4bn
Q3 200491$1.1bn
Q2 200489$852m
Q1 200490$796m
Q4 200361$558m
Q3 200338$237m
Q2 200336$173m
Q4 200237$103m
Q3 200244$91.4m
Q1 200248$121m
Q4 200156$131m
Q3 200159$117m
Q2 200158$136m
Q1 2001185$118m
Q4 200057$177m
Q3 200061$213m
Q1 200071$191m
Q1 200076$190m
Q4 199978$172m
Q4 199978$152m
Q3 199973$130m
Q3 199977$145m
Q3 199974$148m
Q2 199974$153m
Q2 199970$152m

Where WCM Investment Management was early

107 rows
ABT ABBOTT LABORATORIESQ4 19991 of 1813.0%3.0%12Exited by Q4 2012+102%
UTXZ UNITED TECHNOLOGIES CORPQ4 19991 of 1140.4%2.7%18Exited by Q1 2005−53%
QCOM QUALCOMM INCQ4 19992 of 2461.5%2.9%37Exited by Q3 2012−37%
VRSN VERISIGN INCQ4 19992 of 1420.8%2.3%5Exited by Q2 2001−81%
MCD MCDONALDS CORPQ1 20001 of 1921.2%1.8%23Exited by Q1 2020+429%
MS MORGAN ST DEAN WITTER & COQ1 20001 of 1783.9%4.6%8Exited by Q3 2002−31%
AVGO BROADCOM CORP-CL AQ1 20002 of 3230.4%1.2%5Exited by Q1 2005–
SYK STRYKER CORPORATIONQ3 20001 of 1502.2%4.6%47Exited by Q4 2023+1173%
SYY SYSCO CORPQ3 20001 of 1410.2%5.3%26Exited by Q3 2013+48%
MXIM MAXIM INTEGRATED PRODUCTSQ3 20003 of 1010.3%6.7%16Exited by Q2 2007+49%
SCHW THE CHARLES SCHWAB CORPORATIQ3 200021 of 2210.7%1.3%24Exited by Q4 2019+18%
GD GENERAL DYNAMICS CORPQ4 20002 of 1341.1%6.5%22Exited by Q2 2025+599%
HOG HARLEY-DAVIDSON INCQ1 20011 of 1200.06%7.3%19Exited by Q2 2006+37%
JPM JPMORGAN CHASE & CO.Q1 20011 of 2315.1%5.1%10Exited by Q2 2025+446%
PG PROCTER AND GAMBLE COQ1 20011 of 1640.01%8.0%56Exited by Q2 2025+444%
TEVA TEVA PHARMACEUTICAL INDS LTDQ1 20011 of 1820.01%7.5%42Held at last filing, Q2 2026+148%
UPS UNITED PARCEL SERVICE INCQ1 20012 of 1740.4%9.3%11Exited by Q2 2025+93%
ADBE ADOBE SYSTEMSQ1 20014 of 2750.03%5.1%17Exited by Q3 2010+51%
USB US BANCORPQ1 20014 of 1620.7%3.7%13Exited by Q3 2010−3.7%
EBAY EBAY INC.Q1 20015 of 1860.01%9.1%28Held at last filing, Q2 2026+2835%
BSX BOSTON SCIENTIFIC CORPQ1 200113 of 1930.05%1.2%21Exited by Q2 2021+283%
MTG MGIC INVESTMENT CORPQ2 20011 of 1290.6%3.0%4Exited by Q3 2002−5.8%
CVX CHEVRON CORP NEWQ4 20012 of 1971.4%2.7%64Exited by Q2 2025+273%
MMM 3M COQ3 20021 of 1652.7%2.7%27Exited by Q4 2015+158%
GS GOLDMAN SACHS GROUP INCQ3 20022 of 2293.6%6.3%9Exited by Q2 2005+67%
NTRS NORTHERN TRUST CORPORATIONQ4 20021 of 1172.0%2.0%9Exited by Q2 2005+24%
HRB H&R BLOCK INCQ4 20024 of 1237.0%7.3%8Exited by Q2 2005+26%
ZBH ZIMMER HOLDINGS INCQ3 20031 of 1446.5%7.8%11Exited by Q2 2006+23%
WST WEST PHARMACEUTICAL SVSC INCQ3 20034 of 1390.10%1.8%44Exited by Q4 2022+3044%
MOG/A MOOG INCQ4 20031 of 960.1%1.1%47Held at last filing, Q2 2026+1830%
CALM CAL MAINE FOODSQ4 20034 of 1030.07%1.3%14Exited by Q1 2015+325%
MCO MOODY'S CORPQ1 20047 of 1766.5%11.5%15Exited by Q1 2008+0.9%
ODFL OLD DOMINION FREIGHT LINE INQ1 20047 of 1260.05%1.6%28Exited by Q3 2024+7835%
ACH OWENS & MINOR INC NEWQ2 20041 of 910.08%1.2%30Exited by Q1 2021+57%
RES RPC INCQ2 20041 of 900.08%1.1%26Exited by Q2 2013+630%
MLI MUELLER INDUSTRIES INCQ3 20041 of 1030.04%1.4%21Exited by Q1 2010−42%
EXPD EXPEDITORS INTL OF WASH INCQ3 20042 of 1203.5%12.5%26Exited by Q2 2011+94%
EA ELECTRONIC ARTSQ1 20051 of 2344.4%8.4%14Exited by Q4 2008−29%
ATR APTARGROUP INCQ4 20051 of 1010.03%1.8%11Exited by Q1 2009+35%
SNA SNAP ON INCQ4 20052 of 1080.06%2.4%47Exited by Q2 2025+797%
OTTR OTTER TAIL CORPQ1 20061 of 690.06%1.3%15Exited by Q1 2010−13%
TNC TENNANT COQ1 20061 of 720.04%1.4%9Exited by Q3 2008+15%
KMT KENNAMETAL INCQ1 20062 of 1090.04%1.2%9Exited by Q3 2008+6.5%
AVA AVISTA CORPQ3 20061 of 990.09%2.2%41Exited by Q1 2017+69%
AMZN AMAZON COM INCQ3 20062 of 3780.04%5.2%78Held at last filing, Q2 2026+14741%
AEIS ADVANCED ENERGY INDSQ2 20071 of 1210.5%1.4%23Held at last filing, Q2 2026+1546%
FIX COMFORT SYS USA INCQ2 20071 of 1510.5%1.4%17Held at last filing, Q2 2026+13877%
GPI GROUP 1 AUTOMOTIVE INCQ2 20071 of 1190.5%1.0%22Held at last filing, Q2 2026+622%
MKSI MKS INC.Q2 20071 of 1830.5%2.1%37Held at last filing, Q2 2026+1506%
IWN ISHARES TRQ2 20072 of 640.07%3.7%7Exited by Q1 2024+89%

Concentration and tenure

7.7%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
52.8%
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
4
Median completed holding, quarters