William Von Mueffling - Cantillon Capital Management 13F Activity & Position Changes (Q1 2025)

According to the SEC 13F filed on May 09, 2025, the Cantillon Capital Management portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2025, the filing reported:

New Buys - Alcon

Increases - Adobe Inc., Uber Technologies, Inc.

Reductions - Agilent Technologies, Inc., Analog Devices, Inc., Applied Materials, Inc., American Tower Corporation (REI, Aon Plc, and 29 more

Complete Exits - None reported

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2025	A Agilent Technologies, Inc.	Agilent Technologies, Inc.	Sell	-99,488	-3.0%	$376.33M	3,217,069
Q1 2025	ADBE Adobe Inc.	Adobe Inc.	Buy	+182,024	+29.6%	$305.63M	796,886
Q1 2025	ADI Analog Devices, Inc.	Analog Devices, Inc.	Sell	-69,817	-3.0%	$451.63M	2,239,461
Q1 2025	ALC Alcon	Alcon	Buy - Position Entry	+1,464,533	-	$139.03M	1,464,533
Q1 2025	AMAT Applied Materials, Inc.	Applied Materials, Inc.	Sell	-94,972	-3.0%	$445.58M	3,070,430
Q1 2025	AMT American Tower Corporation (REI	American Tower Corporation (REI	Sell	-58,405	-3.0%	$411.09M	1,889,190
Q1 2025	AON Aon Plc	Aon Plc	Sell	-39,680	-3.0%	$512.25M	1,283,548
Q1 2025	AVGO Broadcom Inc.	Broadcom Inc.	Sell	-1,063,996	-14.4%	$1.06B	6,306,874
Q1 2025	BLK BlackRock	BlackRock	Sell	-15,939	-3.3%	$442.81M	467,854
Q1 2025	CBRE CBRE Group Inc	CBRE Group Inc	Sell	-142,621	-3.0%	$602.34M	4,605,765
Q1 2025	CME CME Group Inc.	CME Group Inc.	Sell	-50,232	-3.0%	$430.89M	1,624,206
Q1 2025	CP Canadian Pacific Kansas City Li	Canadian Pacific Kansas City Li	Sell	-111,631	-3.0%	$253.70M	3,613,392
Q1 2025	ECL Ecolab Inc.	Ecolab Inc.	Sell	-34,870	-3.0%	$285.74M	1,127,076
Q1 2025	EFX Equifax, Inc.	Equifax, Inc.	Sell	-55,035	-3.0%	$433.55M	1,780,067
Q1 2025	ENTG Entegris, Inc.	Entegris, Inc.	Sell	-78,179	-3.0%	$222.04M	2,538,175
Q1 2025	FAST Fastenal Company	Fastenal Company	Sell	-147,880	-3.0%	$371.00M	4,784,048
Q1 2025	FERG Ferguson Enterprises Inc.	Ferguson Enterprises Inc.	Sell	-62,262	-2.9%	$328.38M	2,049,411
Q1 2025	FLUT Flutter Entertainment	Flutter Entertainment	Sell	-72,380	-3.0%	$517.94M	2,337,798
Q1 2025	GOOGL Alphabet Inc.	Alphabet Inc.	Sell	-134,610	-3.0%	$673.06M	4,352,428
Q1 2025	IBKR Interactive Brokers Group, Inc.	Interactive Brokers Group, Inc.	Sell	-101,864	-3.0%	$545.42M	3,293,826
Q1 2025	ICE Intercontinental Exchange Inc.	Intercontinental Exchange Inc.	Sell	-106,604	-3.0%	$594.56M	3,446,696
Q1 2025	IQV IQVIA Holdings, Inc.	IQVIA Holdings, Inc.	Sell	-61,710	-3.0%	$353.38M	2,004,434
Q1 2025	LYV Live Nation Entertainment, Inc.	Live Nation Entertainment, Inc.	Sell	-89,339	-3.0%	$377.12M	2,888,072
Q1 2025	MCO Moody's Corporation	Moody's Corporation	Sell	-14,225	-3.0%	$214.15M	459,857
Q1 2025	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-40,310	-3.0%	$489.17M	1,303,090
Q1 2025	ORCL Oracle Corporation	Oracle Corporation	Sell	-28,720	-3.1%	$124.26M	888,795
Q1 2025	SPGI S&P Global Inc.	S&P Global Inc.	Sell	-56,050	-3.0%	$921.07M	1,812,764
Q1 2025	SSNC SS&C Technologies Holdings, Inc	SS&C Technologies Holdings, Inc	Sell	-135,934	-3.0%	$367.29M	4,397,147
Q1 2025	TCOM Trip.com Group Limited	Trip.com Group Limited	Sell	-1,171,953	-24.7%	$227.41M	3,576,813
Q1 2025	TME Tencent Music Entertainment Gro	Tencent Music Entertainment Gro	Sell	-2,600,496	-11.9%	$277.25M	19,240,319

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