Saraza Management, LP
Net buyer this quarter
$670M
20
+$5.84M
66.5%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q1 2026 | |||||
 V | $20.2M | 8.47% | 0.00% | +0.1% | Q3 2023 |
 AON | $18.5M | 7.75% | 0.03% | -11.4% | Q1 2024 |
 BN | $18.3M | 7.66% | Not reported | -1.5% | Q1 2025 |
 WCN | $15.9M | 6.65% | 0.04% | -2.1% | Q4 2025 |
 COF | $15.7M | 6.60% | 0.01% | +25.1% | Q4 2024 |
 AMZN | $15.2M | 6.37% | 0.00% | -18.0% | Q3 2023 |
 TSM | $15.2M | 6.36% | 0.00% | -14.1% | Q3 2024 |
 NU | $13.5M | 5.66% | Not reported | +8.5% | Q1 2025 |
 APH | $13.3M | 5.57% | 0.01% | -7.0% | Q4 2024 |
 JCI | $13M | 5.46% | 0.02% | -17.5% | Q4 2025 |
 MSFT | $12.6M | 5.28% | 0.00% | -24.0% | Q3 2023 |
 CPNG | $11.7M | 4.89% | Not reported | Not reported | Q4 2024 |
 LPLA | $10.4M | 4.36% | 0.04% | -16.4% | Q1 2025 |
 ADI | $9.41M | 3.94% | 0.01% | New | Q1 2026 |
 NVDA | $8.12M | 3.40% | 0.00% | New | Q1 2026 |
 INTU | $7.23M | 3.03% | 0.01% | -3.0% | Q3 2022 |
 SITM | $6.65M | 2.79% | 0.07% | New | Q1 2026 |
 ARES | $6.54M | 2.74% | 0.02% | New | Q1 2026 |
 MLM | $6.38M | 2.68% | 0.02% | New | Q1 2026 |
 NOK | $827K | 0.35% | 0.00% | New | Q1 2026 |
| Q4 2025 | |||||
| V | $23.4M | 9.05% | 0.00% | +11.3% | Q3 2023 |
| AON | $22.8M | 8.82% | 0.03% | +3.5% | Q1 2024 |
| MSFT | $21.6M | 8.36% | 0.00% | -5.8% | Q3 2023 |
| BN | $21M | 8.12% | Not reported | -6.0% | Q1 2025 |
| AMZN | $20.5M | 7.93% | 0.00% | -15.2% | Q3 2023 |
| WCN | $17.5M | 6.75% | 0.04% | New | Q4 2025 |
 DHR | $17.2M | 6.65% | 0.01% | -31.6% | Q1 2025 |
| COF | $16.7M | 6.46% | 0.01% | -34.3% | Q4 2024 |
| TSM | $15.9M | 6.13% | 0.00% | -41.9% | Q3 2024 |
| APH | $15.3M | 5.90% | 0.01% | -27.1% | Q4 2024 |
| LPLA | $14.8M | 5.71% | 0.05% | -17.2% | Q1 2025 |
| NU | $14.5M | 5.60% | Not reported | -13.4% | Q1 2025 |
| JCI | $14.4M | 5.57% | 0.02% | New | Q4 2025 |
 ATI | $11.8M | 4.54% | 0.08% | -51.2% | Q3 2024 |
| INTU | $11.4M | 4.41% | 0.01% | -19.8% | Q3 2022 |
| Q3 2025 | |||||
| TSM | $25.1M | 8.95% | 0.00% | -21.7% | Q3 2024 |
| MSFT | $24.6M | 8.76% | 0.00% | -3.1% | Q3 2023 |
| AMZN | $23.1M | 8.21% | 0.00% | -1.4% | Q3 2023 |
| COF | $22.3M | 7.95% | 0.02% | -16.0% | Q4 2024 |
| BN | $22.3M | 7.94% | Not reported | -31.6% | Q1 2025 |
| AON | $22.3M | 7.94% | 0.03% | -23.6% | Q1 2024 |
| DHR | $21.8M | 7.77% | 0.02% | -15.4% | Q1 2025 |
| V | $20.5M | 7.30% | 0.00% | +50.0% | Q3 2023 |
| APH | $19.2M | 6.83% | 0.01% | -22.5% | Q4 2024 |
| ATI | $17.1M | 6.09% | 0.15% | -31.2% | Q3 2024 |
| LPLA | $16.6M | 5.93% | 0.06% | Not reported | Q1 2025 |
| NU | $16M | 5.70% | Not reported | -36.9% | Q1 2025 |
 UNP | $15.1M | 5.39% | 0.01% | New | Q3 2025 |
| INTU | $14.7M | 5.23% | 0.01% | -46.3% | Q3 2022 |
| Q2 2025 | |||||
| INTU | $31.5M | 7.61% | 0.01% | +33.3% | Q3 2022 |
| BN | $29.4M | 7.10% | Not reported | -3.1% | Q1 2025 |
| AON | $29.2M | 7.04% | 0.04% | +58.7% | Q1 2024 |
| COF | $26.6M | 6.42% | 0.02% | -4.6% | Q4 2024 |
| ATI | $26.3M | 6.36% | 0.22% | Not reported | Q3 2024 |
| TSM | $26M | 6.29% | 0.00% | -10.9% | Q3 2024 |
| DHR | $25.7M | 6.20% | 0.02% | +13.0% | Q1 2025 |
 GEHC | $25.2M | 6.08% | 0.07% | New | Q2 2025 |
| MSFT | $24.4M | 5.89% | 0.00% | -18.3% | Q3 2023 |
| AMZN | $23.4M | 5.64% | 0.00% | Not reported | Q3 2023 |
| NU | $21.7M | 5.25% | Not reported | +134.8% | Q1 2025 |
 CSX | $21.2M | 5.12% | 0.03% | Not reported | Q3 2023 |
| APH | $19.8M | 4.77% | 0.02% | +1.3% | Q4 2024 |
 TRU | $18M | 4.36% | 0.11% | +30.2% | Q4 2023 |
| CPNG | $17.2M | 4.16% | Not reported | -36.8% | Q4 2024 |
 WDAY | $17.2M | 4.14% | 0.03% | +19.2% | Q4 2024 |
 EXPE | $17M | 4.12% | 0.08% | +60.3% | Q4 2024 |
| V | $14.2M | 3.43% | 0.00% | Not reported | Q3 2023 |