Mawer Investment Management 13F annual report
Mawer Investment Management is an investment fund managing more than $21.1 trillion ran by Marie-claude Lepage. There are currently 104 companies in Lepage’s portfolio. The largest investments include Marsh & McLennan Cos and Microsoft, together worth $2.94 trillion.
$21.1 trillion Assets Under Management (AUM)
As of 31st July 2024, Mawer Investment Management’s top holding is 6,970,148 shares of Marsh & McLennan Cos currently worth over $1.47 trillion and making up 7.0% of the portfolio value.
Relative to the number of outstanding shares of Marsh & McLennan Cos, Mawer Investment Management owns more than approximately 0.1% of the company.
In addition, the fund holds 3,281,722 shares of Microsoft worth $1.47 trillion, whose value fell 4.6% in the past six months.
The third-largest holding is Aon plc worth $1.29 trillion and the next is Unitedhealth Inc worth $1.12 trillion, with 2,200,696 shares owned.
Currently, Mawer Investment Management's portfolio is worth at least $21.1 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Mawer Investment Management
The Mawer Investment Management office and employees reside in Calgary, Alberta, Canada. According to the last 13-F report filed with the SEC, Marie-claude Lepage serves as the Head, Risk Management and Chief Compliance Officer (USA) at Mawer Investment Management.
Recent trades
In the most recent 13F filing, Mawer Investment Management revealed that it had opened a new position in
Deere & Co and bought 446,798 shares worth $167 billion.
This means they effectively own approximately 0.1% of the company.
Deere & Co makes up
4.7%
of the fund's Industrials sector allocation and has decreased its share price by 20.0% in the past year.
The investment fund also strengthened its position in Aon plc by buying
52,099 additional shares.
This makes their stake in Aon plc total 4,405,780 shares worth $1.29 trillion.
Aon plc soared 2.1% in the past year.
On the other hand, there are companies that Mawer Investment Management is getting rid of from its portfolio.
Mawer Investment Management closed its position in Linde Plc on 7th August 2024.
It sold the previously owned 96,461 shares for $44.8 billion.
Marie-claude Lepage also disclosed a decreased stake in Marsh & McLennan Cos by approximately 0.1%.
This leaves the value of the investment at $1.47 trillion and 6,970,148 shares.
One of the largest hedge funds
The two most similar investment funds to Mawer Investment Management are Pathstone and Dnb Asset Management As. They manage $21.1 trillion and $21 trillion respectively.
Marie-claude Lepage investment strategy
Mawer Investment Management’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Finance — making up 21.5% of
the total portfolio value.
The fund focuses on investments in the United States as
59.6% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
45% of the total holdings value.
On the other hand, small-cap stocks make up only 1.0% of the portfolio.
The average market cap of the portfolio companies is close to $146 billion.
The complete list of Mawer Investment Management trades based on 13F SEC filings
These positions were updated on August 7th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Marsh & McLennan Cos., Inc. |
2.02%
6,970,148
|
$1,468,749,586,000 | 6.95% |
| Microsoft Corporation |
1.52%
3,281,722
|
$1,466,765,648,000 | 6.94% |
| Aon plc. |
1.20%
4,405,780
|
$1,293,448,892,000 | 6.12% |
| Unitedhealth Group Inc |
1.19%
2,200,696
|
$1,120,726,445,000 | 5.31% |
| Alphabet Inc |
1.94%
6,088,728
|
$1,116,732,977,000 | 5.29% |
| Amphenol Corp. |
88.94%
15,455,006
|
$1,041,203,755,000 | 4.93% |
| FTI Consulting Inc. |
0.45%
3,793,156
|
$817,538,913,000 | 3.87% |
| Booking Holdings Inc |
0.74%
192,091
|
$760,968,497,000 | 3.60% |
| CDW Corp |
0.03%
3,102,888
|
$694,550,450,000 | 3.29% |
| Amazon.com Inc. |
2.07%
3,490,779
|
$674,593,042,000 | 3.19% |
| Fedex Corp |
0.70%
2,242,770
|
$672,472,157,000 | 3.18% |
| Intercontinental Exchange In |
1.69%
4,616,908
|
$632,008,536,000 | 2.99% |
| Visa Inc |
2.39%
2,176,296
|
$571,212,411,000 | 2.70% |
| Insperity Inc |
3.95%
5,188,547
|
$473,247,372,000 | 2.24% |
| Procter And Gamble Co |
2.98%
2,721,344
|
$448,804,052,000 | 2.12% |
| TriNet Group Inc |
6.01%
3,926,805
|
$392,680,500,000 | 1.86% |
| Johnson & Johnson |
14.86%
2,532,433
|
$370,140,407,000 | 1.75% |
| Shell Plc |
4.67%
4,860,539
|
$350,833,705,000 | 1.66% |
| XP Inc |
4.28%
19,522,017
|
$343,392,279,000 | 1.63% |
| S&P Global Inc |
1.67%
735,250
|
$327,921,500,000 | 1.55% |
| Corpay Inc |
1.06%
1,177,297
|
$313,643,694,000 | 1.48% |
| Accenture Plc Ireland |
3.86%
792,464
|
$240,441,502,000 | 1.14% |
| Robert Half Inc |
0.64%
3,632,335
|
$232,396,793,000 | 1.10% |
| Moderna Inc |
0.69%
1,903,326
|
$226,019,963,000 | 1.07% |
| Gallagher Arthur J & Co |
4.26%
811,544
|
$210,441,475,000 | 1.00% |
| Southern Copper Corporation |
10.91%
1,917,540
|
$206,595,760,000 | 0.98% |
| CME Group Inc |
7.78%
925,940
|
$182,039,804,000 | 0.86% |
| Cencora Inc. |
4.89%
748,839
|
$168,713,427,000 | 0.80% |
| Deere & Co. |
Opened
446,798
|
$166,937,137,000 | 0.79% |
| Snap-on, Inc. |
234.70%
632,226
|
$165,257,555,000 | 0.78% |
| Verizon Communications Inc |
2.31%
3,907,641
|
$161,151,115,000 | 0.76% |
| Waters Corp. |
7.84%
538,052
|
$156,099,646,000 | 0.74% |
| Aptargroup Inc. |
110.96%
1,075,168
|
$151,394,406,000 | 0.72% |
| Mastercard Incorporated |
0.21%
337,908
|
$149,071,493,000 | 0.71% |
| Abbott Labs |
2.01%
1,424,193
|
$147,987,895,000 | 0.70% |
| Martin Marietta Matls Inc |
4.55%
268,172
|
$145,295,590,000 | 0.69% |
| Verisk Analytics Inc |
13.87%
519,811
|
$140,115,055,000 | 0.66% |
| Kaspi Kz Jsc |
4.39%
981,444
|
$126,616,090,000 | 0.60% |
| Donnelley Finl Solutions Inc |
3.37%
2,111,112
|
$125,864,497,000 | 0.60% |
| Becton Dickinson & Co. |
2.58%
536,615
|
$125,412,292,000 | 0.59% |
| Paychex Inc. |
5.06%
1,035,558
|
$122,775,756,000 | 0.58% |
| Icon Plc |
Opened
381,990
|
$119,742,405,000 | 0.57% |
| Nike, Inc. |
40.48%
1,486,102
|
$112,007,508,000 | 0.53% |
| Danaher Corp. |
2.03%
447,696
|
$111,856,846,000 | 0.53% |
| HDFC Bank Ltd. |
1.46%
1,559,320
|
$100,311,056,000 | 0.47% |
| JPMorgan Chase & Co. |
13.55%
488,926
|
$98,890,173,000 | 0.47% |
| Sherwin-Williams Co. |
19.81%
329,355
|
$98,289,413,000 | 0.47% |
| State Str Corp |
4.52%
1,258,838
|
$93,154,012,000 | 0.44% |
| BWX Technologies Inc |
5.09%
861,999
|
$81,889,905,000 | 0.39% |
| Ametek Inc |
12.45%
460,119
|
$76,706,438,000 | 0.36% |
| American Electric Power Company Inc. |
1.36%
851,496
|
$74,710,259,000 | 0.35% |
| The Southern Co. |
1.33%
946,463
|
$73,417,135,000 | 0.35% |
| Hershey Company |
1.38%
384,997
|
$70,773,999,000 | 0.34% |
| Texas Instrs Inc |
1.19%
340,973
|
$66,329,478,000 | 0.31% |
| Dollar Gen Corp New |
2.01%
485,543
|
$64,203,351,000 | 0.30% |
| Tradeweb Mkts Inc |
1.45%
582,578
|
$61,753,268,000 | 0.29% |
| CVS Health Corp |
1.17%
1,016,870
|
$60,056,342,000 | 0.28% |
| Cbiz Inc |
23.14%
791,562
|
$58,654,744,000 | 0.28% |
| Global Industrial Company |
8.52%
1,831,870
|
$57,447,443,000 | 0.27% |
| Cognizant Technology Solutio |
14.37%
843,098
|
$57,330,664,000 | 0.27% |
| Winmark Corporation |
13.67%
158,273
|
$55,811,808,000 | 0.26% |
| Abbvie Inc |
1.25%
290,082
|
$49,754,865,000 | 0.24% |
| Carrier Global Corporation |
4.54%
779,150
|
$49,148,782,000 | 0.23% |
| ITT Inc |
Opened
379,645
|
$49,042,541,000 | 0.23% |
| Pepsico Inc |
36.67%
272,087
|
$44,875,309,000 | 0.21% |
| Linde Plc. |
Closed
96,461
|
$44,788,772,000 | |
| Willis Towers Watson Plc |
Closed
148,180
|
$40,749,500,000 | |
| McCormick & Co., Inc. |
26.89%
551,209
|
$39,102,766,000 | 0.19% |
| Taiwan Semiconductor Mfg Ltd |
15.02%
221,059
|
$38,422,265,000 | 0.18% |
| Ryan Specialty Holdings Inc |
1.71%
656,939
|
$38,043,337,000 | 0.18% |
| BorgWarner Inc |
1.11%
1,168,042
|
$37,657,674,000 | 0.18% |
| Bio Rad Labs Inc |
0.22%
133,648
|
$36,500,605,000 | 0.17% |
| Lauder Estee Cos Inc |
1.10%
318,325
|
$33,869,780,000 | 0.16% |
| Compania Cervecerias Unidas |
0.15%
2,946,305
|
$33,528,951,000 | 0.16% |
| Dun & Bradstreet Holdings, Inc. |
Closed
3,328,275
|
$33,415,881,000 | |
| Toronto-dominion Bank/the |
Closed
521,544
|
$31,490,827,000 | |
| Allegion plc |
50.92%
255,496
|
$30,186,852,000 | 0.14% |
| PC Connection, Inc. |
57.75%
359,659
|
$23,090,108,000 | 0.11% |
| Sharkninja Inc |
40.48%
294,561
|
$22,136,259,000 | 0.10% |
| Valvoline Inc |
40.51%
424,327
|
$18,330,926,000 | 0.09% |
| Barrett Business Svcs Inc |
Opened
545,305
|
$17,869,645,000 | 0.08% |
| First Ctzns Bancshares Inc N |
66.26%
9,467
|
$15,938,736,000 | 0.08% |
| Charles Riv Labs Intl Inc |
61.30%
73,553
|
$15,194,579,000 | 0.07% |
| Humana Inc. |
59.00%
38,302
|
$14,311,542,000 | 0.07% |
| Resmed Inc. |
40.31%
74,160
|
$14,195,707,000 | 0.07% |
| Interactive Brokers Group In |
122.29%
113,405
|
$13,903,453,000 | 0.07% |
| Carlisle Cos Inc |
68.97%
34,208
|
$13,861,424,000 | 0.07% |
| Ulta Beauty Inc |
104.27%
35,795
|
$13,812,217,000 | 0.07% |
| Euronet Worldwide Inc |
40.57%
129,734
|
$13,427,469,000 | 0.06% |
| Pathward Financial Inc |
Opened
218,766
|
$12,375,593,000 | 0.06% |
| XPEL Inc |
Opened
338,037
|
$12,020,596,000 | 0.06% |
| Lpl Finl Hldgs Inc |
40.67%
41,675
|
$11,639,828,000 | 0.06% |
| Match Group Inc. |
40.52%
375,445
|
$11,406,019,000 | 0.05% |
| Verisign Inc. |
146.53%
62,353
|
$11,086,363,000 | 0.05% |
| Concentrix Corporation |
40.57%
169,766
|
$10,742,792,000 | 0.05% |
| Caci International Inc. |
40.45%
23,922
|
$10,289,570,000 | 0.05% |
| Masterbrand Inc |
Opened
672,525
|
$9,872,667,000 | 0.05% |
| Warner Music Group Corp. |
126.88%
293,541
|
$8,997,032,000 | 0.04% |
| KLA Corp. |
15.94%
10,726
|
$8,843,694,000 | 0.04% |
| SS&C Technologies Holdings Inc |
Closed
130,911
|
$8,426,741,000 | |
| Ferguson Plc New |
38.30%
41,650
|
$8,065,523,000 | 0.04% |
| Oreilly Automotive Inc |
41.03%
7,363
|
$7,775,770,000 | 0.04% |
| RB Global Inc |
3.66%
100,581
|
$7,680,365,000 | 0.04% |
| Advanced Drain Sys Inc Del |
40.33%
46,858
|
$7,515,555,000 | 0.04% |
| CSW Industrials Inc |
Closed
31,085
|
$7,292,541,000 | |
| Tencent Music Entmt Group |
199.19%
369,200
|
$5,187,260,000 | 0.02% |
| Endava plc |
Opened
168,097
|
$4,915,156,000 | 0.02% |
| IAC Inc |
Closed
87,882
|
$4,687,626,000 | |
| Copart, Inc. |
Closed
75,169
|
$4,353,788,000 | |
| MercadoLibre Inc |
No change
2,106
|
$3,461,000,000 | 0.02% |
| Apple Inc |
No change
2,960
|
$623,435,000 | 0.00% |
| Berkshire Hathaway Inc. |
No change
750
|
$305,100,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 112 holdings | |||
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