Mawer Investment Management Ltd.
Net seller this quarter
$14.7B
140
-$1.44B
39.5%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 GOOG | $948M | 6.44% | Not reported | -17.9% | Q4 2015 |
 AMZN | $722M | 4.91% | 0.03% | -17.0% | Q1 2017 |
 MSFT | $627M | 4.26% | 0.02% | -27.4% | Q2 2013 |
 SHEL | $621M | 4.22% | 0.14% | +12.6% | Q3 2022 |
 NVDA | $616M | 4.19% | 0.01% | +223.6% | Q4 2024 |
 V | $594M | 4.04% | 0.09% | -10.7% | Q2 2013 |
 WAT | $456M | 3.10% | 1.24% | -13.3% | Q1 2016 |
 COR | $421M | 2.86% | 0.78% | +44.4% | Q1 2017 |
 APH | $416M | 2.83% | 0.19% | -40.9% | Q1 2016 |
 AON | $389M | 2.64% | 0.55% | -8.3% | Q2 2013 |
 AER | $353M | 2.40% | 1.45% | -9.7% | Q2 2025 |
 WFC | $347M | 2.36% | 0.14% | -10.2% | Q2 2013 |
 NOC | $340M | 2.31% | 0.47% | -2.4% | Q2 2025 |
 AEP | $312M | 2.12% | 0.42% | +71.1% | Q2 2021 |
 MRSH | $312M | 2.12% | 0.39% | -46.2% | Q2 2013 |
 BRK.A | $311M | 2.11% | Not reported | -18.5% | Q1 2025 |
 META | $307M | 2.09% | Not reported | -11.0% | Q4 2017 |
 JPM | $304M | 2.06% | 0.03% | -16.7% | Q2 2013 |
 SO | $289M | 1.97% | 0.27% | -11.6% | Q2 2021 |
 TSEM | $271M | 1.84% | 0.92% | +7.6% | Q1 2026 |
 ICE | $250M | 1.70% | 0.36% | -2.4% | Q2 2017 |
 MA | $223M | 1.52% | 0.04% | -4.0% | Q3 2014 |
 CME | $211M | 1.44% | 0.29% | -7.3% | Q2 2013 |
 SPGI | $175M | 1.19% | 0.15% | +11.9% | Q2 2016 |
 SII | $148M | 1.01% | 5.12% | -2.3% | Q2 2025 |
 UBER | $143M | 0.97% | 0.10% | -10.4% | Q3 2025 |
 MEDP | $141M | 0.96% | 0.96% | -40.1% | Q1 2025 |
 MLM | $139M | 0.95% | 0.40% | -5.5% | Q1 2022 |
 MCK | $136M | 0.93% | 0.15% | +110.6% | Q1 2026 |
 BWXT | $134M | 0.91% | 0.75% | -6.1% | Q4 2021 |
 CDW | $134M | 0.91% | 0.76% | -9.7% | Q2 2020 |
 TXN | $133M | 0.91% | 0.05% | +2.2% | Q3 2017 |
 BKNG | $132M | 0.90% | 0.10% | -47.8% | Q1 2018 |
 CPAY | $123M | 0.83% | 0.56% | -28.4% | Q1 2024 |
 AJG | $117M | 0.80% | 0.20% | -12.3% | Q1 2020 |
 PG | $115M | 0.78% | 0.03% | -7.8% | Q2 2013 |
 FCN | $110M | 0.75% | 2.66% | -43.8% | Q1 2021 |
 ABBV | $109M | 0.74% | 0.02% | +39.2% | Q4 2023 |
 AAON | $108M | 0.74% | 1.04% | +0.8% | Q1 2025 |
 ABT | $108M | 0.73% | 0.07% | -5.4% | Q2 2021 |
 ABNB | $107M | 0.73% | Not reported | -12.7% | Q1 2025 |
 CACI | $104M | 0.71% | 1.02% | +0.2% | Q2 2023 |
 NOVT | $95.7M | 0.65% | 1.66% | +22.3% | Q2 2025 |
 NU | $95.6M | 0.65% | Not reported | -7.1% | Q4 2021 |
 CGNX | $94.5M | 0.64% | 0.78% | +10.0% | Q2 2025 |
 ITT | $83.6M | 0.57% | 0.47% | -6.9% | Q2 2024 |
 VRSK | $83.4M | 0.57% | 0.36% | +62.7% | Q1 2016 |
 JNJ | $81.9M | 0.56% | 0.01% | -11.0% | Q2 2013 |
 ELV | $72.4M | 0.49% | 0.09% | -0.9% | Q2 2025 |
 VZ | $71M | 0.48% | 0.04% | -38.6% | Q3 2014 |
| Q1 2026 | |||||
| GOOG | $937M | 6.07% | Not reported | -11.0% | Q4 2015 |
| MSFT | $857M | 5.55% | 0.03% | -11.9% | Q2 2013 |
| AMZN | $760M | 4.92% | 0.03% | -10.3% | Q1 2017 |
| SHEL | $662M | 4.29% | 0.13% | -11.8% | Q3 2022 |
| MRSH | $603M | 3.90% | 0.72% | -11.0% | Q2 2013 |
| V | $585M | 3.79% | 0.10% | -4.8% | Q2 2013 |
| APH | $504M | 3.26% | 0.32% | -21.6% | Q1 2016 |
| NOC | $466M | 3.02% | 0.48% | -19.2% | Q2 2025 |
| WAT | $418M | 2.71% | 1.43% | +8.1% | Q1 2016 |
| AON | $412M | 2.67% | 0.60% | -13.6% | Q2 2013 |
| WFC | $372M | 2.41% | 0.15% | -4.2% | Q2 2013 |
| AER | $368M | 2.38% | 1.61% | -18.1% | Q2 2025 |
| BRK.A | $366M | 2.37% | Not reported | -13.3% | Q1 2025 |
| META | $351M | 2.27% | Not reported | -11.0% | Q4 2017 |
| SO | $330M | 2.14% | 0.30% | +93.6% | Q2 2021 |
| JPM | $328M | 2.12% | 0.04% | +9.7% | Q2 2013 |
| ICE | $327M | 2.12% | 0.37% | -14.4% | Q2 2017 |
| COR | $324M | 2.10% | 0.53% | +66.8% | Q1 2017 |
| CME | $305M | 1.97% | 0.31% | -9.6% | Q2 2013 |
| BKNG | $239M | 1.55% | 0.18% | -49.5% | Q1 2018 |
| FCN | $232M | 1.50% | 4.35% | -43.1% | Q1 2021 |
| MA | $226M | 1.46% | 0.04% | -2.4% | Q3 2014 |
| MEDP | $214M | 1.39% | 1.56% | +9.5% | Q1 2025 |
| SII | $193M | 1.25% | 5.24% | -10.8% | Q2 2025 |
 OSIS | $176M | 1.14% | 4.02% | -17.5% | Q4 2024 |
| AEP | $175M | 1.13% | 0.25% | +36.6% | Q2 2021 |
| TSEM | $169M | 1.10% | 0.86% | New | Q1 2026 |
| NVDA | $166M | 1.07% | 0.00% | +166.6% | Q4 2024 |
| SPGI | $163M | 1.05% | 0.13% | +85.9% | Q2 2016 |
| UBER | $159M | 1.03% | 0.11% | -11.6% | Q3 2025 |
 FERG | $157M | 1.01% | 0.35% | -20.7% | Q4 2023 |
| MLM | $151M | 0.97% | 0.43% | -3.5% | Q1 2022 |
| BWXT | $150M | 0.97% | 0.80% | -5.0% | Q4 2021 |
| CPAY | $149M | 0.97% | 0.78% | -18.5% | Q1 2024 |
| VZ | $137M | 0.89% | 0.07% | -8.5% | Q3 2014 |
| ABT | $129M | 0.83% | 0.07% | +0.7% | Q2 2021 |
| CDW | $127M | 0.82% | 0.82% | -41.2% | Q2 2020 |
| AJG | $126M | 0.82% | 0.23% | -5.2% | Q1 2020 |
| PG | $123M | 0.80% | 0.04% | -5.1% | Q2 2013 |
| CACI | $122M | 0.79% | 1.01% | -9.0% | Q2 2023 |
| NU | $111M | 0.72% | Not reported | +68.0% | Q4 2021 |
| ABNB | $108M | 0.70% | Not reported | +28.1% | Q1 2025 |
 ZTS | $89M | 0.58% | 0.18% | +112.5% | Q2 2025 |
| JNJ | $88.5M | 0.57% | 0.02% | -12.9% | Q2 2013 |
| ITT | $86.5M | 0.56% | 0.53% | +7.5% | Q2 2024 |
| TXN | $85M | 0.55% | 0.05% | -4.2% | Q3 2017 |
 ATR | $82.8M | 0.54% | 1.02% | -68.1% | Q3 2016 |
 ESQ | $78M | 0.50% | 8.40% | -9.4% | Q4 2024 |
| MCK | $74.1M | 0.48% | 0.07% | New | Q1 2026 |
 TW | $73.7M | 0.48% | 626551.00% | +18.0% | Q4 2020 |
| Q4 2025 | |||||
| MSFT | $1.27B | 7.12% | 0.04% | -0.8% | Q2 2013 |
| GOOG | $1.15B | 6.45% | Not reported | -12.7% | Q4 2015 |
| AMZN | $939M | 5.26% | 0.04% | -9.3% | Q1 2017 |
| MRSH | $725M | 4.06% | 0.81% | -14.6% | Q2 2013 |
| V | $714M | 4.00% | 0.11% | -13.5% | Q2 2013 |
| APH | $687M | 3.85% | 0.41% | -14.0% | Q1 2016 |
| BKNG | $601M | 3.37% | 0.35% | -21.7% | Q1 2018 |
| SHEL | $593M | 3.32% | 0.14% | +79.4% | Q3 2022 |
| AON | $521M | 2.92% | 0.69% | -40.9% | Q2 2013 |
| WAT | $493M | 2.76% | 2.18% | -16.3% | Q1 2016 |
| NOC | $482M | 2.70% | 0.60% | -12.3% | Q2 2025 |
| AER | $471M | 2.64% | 1.96% | +56.3% | Q2 2025 |
| WFC | $454M | 2.55% | 0.16% | +177.7% | Q2 2013 |
| META | $454M | 2.54% | Not reported | +0.2% | Q4 2017 |
| BRK.A | $443M | 2.48% | Not reported | -17.4% | Q1 2025 |
| FCN | $394M | 2.21% | 7.47% | -31.1% | Q1 2021 |
| ICE | $394M | 2.21% | 0.43% | -1.7% | Q2 2017 |
| JPM | $327M | 1.83% | 0.04% | -13.5% | Q2 2013 |
| CME | $311M | 1.74% | 0.34% | -24.1% | Q2 2013 |
| MA | $264M | 1.48% | 0.04% | -9.6% | Q3 2014 |
| ATR | $251M | 1.41% | 3.14% | -25.4% | Q3 2016 |
| CDW | $243M | 1.36% | 1.38% | -24.3% | Q2 2020 |
| MEDP | $229M | 1.28% | 1.44% | -37.0% | Q1 2025 |
| COR | $209M | 1.17% | 0.32% | -5.0% | Q1 2017 |
| OSIS | $205M | 1.15% | 4.88% | -6.2% | Q4 2024 |
| UBER | $205M | 1.15% | 0.12% | +231.0% | Q3 2025 |
| CPAY | $190M | 1.06% | 0.92% | -15.1% | Q1 2024 |
| FERG | $189M | 1.06% | 0.43% | -7.1% | Q4 2023 |
 DE | $178M | 1.00% | 0.14% | -23.9% | Q2 2024 |
| MLM | $165M | 0.92% | 0.44% | -5.2% | Q1 2022 |
| AJG | $159M | 0.89% | 0.24% | -5.2% | Q1 2020 |
| ABT | $156M | 0.87% | 0.07% | -0.8% | Q2 2021 |
| SO | $154M | 0.86% | 0.16% | +121.5% | Q2 2021 |
| SII | $148M | 0.83% | 5.88% | +19.3% | Q2 2025 |
 TME | $137M | 0.77% | 0.25% | -6.9% | Q1 2024 |
| BWXT | $134M | 0.75% | 0.85% | -3.5% | Q4 2021 |
| CACI | $131M | 0.74% | 1.12% | -2.5% | Q2 2023 |
| PG | $129M | 0.72% | 0.04% | -5.7% | Q2 2013 |
| VZ | $122M | 0.68% | 0.07% | -26.5% | Q3 2014 |
 HDB | $116M | 0.65% | 0.02% | +7.4% | Q2 2022 |
| AEP | $113M | 0.63% | 0.18% | -5.6% | Q2 2021 |
| SPGI | $108M | 0.60% | 0.07% | +22.5% | Q2 2016 |
 BDX | $105M | 0.59% | 0.19% | -49.1% | Q2 2013 |
 ACN | $95.1M | 0.53% | 0.06% | -25.4% | Q3 2019 |
| ABNB | $90.6M | 0.51% | Not reported | +19.9% | Q1 2025 |
| JNJ | $86.1M | 0.48% | 0.02% | +3.5% | Q2 2013 |
 DHR | $84.8M | 0.48% | 0.05% | -6.0% | Q3 2019 |
| ESQ | $81.7M | 0.46% | 9.36% | +3.1% | Q4 2024 |
| TXN | $79.3M | 0.44% | 0.05% | -0.4% | Q3 2017 |
 NTES | $77.1M | 0.43% | 0.02% | +24.0% | Q1 2020 |
| Q3 2025 | |||||
| MSFT | $1.37B | 7.12% | 0.04% | -7.8% | Q2 2013 |
| GOOG | $1.02B | 5.32% | Not reported | -19.3% | Q4 2015 |
| AMZN | $985M | 5.11% | 0.04% | +13.0% | Q1 2017 |
| MRSH | $922M | 4.79% | 0.93% | -14.9% | Q2 2013 |
| AON | $891M | 4.63% | 1.16% | -15.9% | Q2 2013 |
| V | $803M | 4.17% | 0.13% | +11.3% | Q2 2013 |
| BKNG | $773M | 4.02% | 0.44% | -9.8% | Q1 2018 |
| APH | $731M | 3.80% | 0.48% | -20.4% | Q1 2016 |
| NOC | $588M | 3.05% | 0.68% | -2.0% | Q2 2025 |
| FCN | $541M | 2.81% | 10.67% | -12.3% | Q1 2021 |
| BRK.A | $536M | 2.78% | Not reported | -12.3% | Q1 2025 |
| META | $504M | 2.62% | Not reported | -6.7% | Q4 2017 |
| WAT | $465M | 2.41% | 2.61% | +225.5% | Q1 2016 |
| ICE | $417M | 2.16% | 0.43% | +179.1% | Q2 2017 |
| CME | $406M | 2.11% | 0.45% | +107.2% | Q2 2013 |
| CDW | $376M | 1.95% | 1.81% | -10.7% | Q2 2020 |
| JPM | $370M | 1.92% | 0.04% | -5.5% | Q2 2013 |
| ATR | $369M | 1.91% | 4.19% | +97.0% | Q3 2016 |
| MEDP | $333M | 1.73% | 2.30% | -20.9% | Q1 2025 |
| SHEL | $322M | 1.67% | 0.07% | -2.0% | Q3 2022 |
| MA | $291M | 1.51% | 0.04% | +81.6% | Q3 2014 |
| AER | $253M | 1.32% | 1.17% | +35.1% | Q2 2025 |
| DE | $230M | 1.19% | 0.19% | -10.2% | Q2 2024 |
| CPAY | $214M | 1.11% | 1.06% | -9.1% | Q1 2024 |
| OSIS | $213M | 1.11% | 5.04% | +67.1% | Q4 2024 |
| FERG | $205M | 1.06% | 0.46% | -1.8% | Q4 2023 |
| COR | $203M | 1.06% | 0.34% | -3.1% | Q1 2017 |
| AJG | $200M | 1.04% | 0.25% | -5.2% | Q1 2020 |
| BDX | $200M | 1.04% | 0.37% | +141.1% | Q2 2013 |
| TME | $196M | 1.02% | 0.26% | -17.4% | Q1 2024 |
| VZ | $178M | 0.93% | 0.10% | -5.1% | Q3 2014 |
| MLM | $176M | 0.91% | 0.46% | -2.6% | Q1 2022 |
| ABT | $168M | 0.87% | 0.07% | +5.9% | Q2 2021 |
| BWXT | $148M | 0.77% | 0.88% | -11.1% | Q4 2021 |
| WFC | $147M | 0.76% | 0.06% | Not reported | Q2 2013 |
| PG | $146M | 0.76% | 0.04% | -4.3% | Q2 2013 |
 POOL | $132M | 0.68% | 1.14% | -14.8% | Q1 2025 |
| NSP | $129M | 0.67% | 6.96% | -45.8% | Q1 2017 |
| CACI | $126M | 0.65% | 1.15% | -5.2% | Q2 2023 |
| ACN | $117M | 0.61% | 0.07% | -27.1% | Q3 2019 |
| AEP | $116M | 0.60% | 0.19% | -4.9% | Q2 2021 |
| SII | $106M | 0.55% | 4.92% | +74.0% | Q2 2025 |
| HDB | $101M | 0.53% | 0.02% | +5.4% | Q2 2022 |
 BBSI | $86.5M | 0.45% | 7.61% | 0.0% | Q2 2024 |
| TXN | $84.3M | 0.44% | 0.05% | +23.9% | Q3 2017 |
 NKE | $82.5M | 0.43% | 0.07% | -2.2% | Q2 2013 |
| SPGI | $81.9M | 0.43% | 0.06% | +27.3% | Q2 2016 |
 VVV | $81.2M | 0.42% | 1.78% | -15.6% | Q4 2021 |
| ESQ | $79.3M | 0.41% | 9.07% | +0.1% | Q4 2024 |
| DHR | $78.2M | 0.41% | 0.06% | -1.7% | Q3 2019 |