William Von Mueffling - Cantillon Capital Management 13F Activity & Position Changes (Q4 2025)

According to the SEC 13F filed on Feb 11, 2026, the Cantillon Capital Management portfolio showed several notable changes in holdings as of quarter-end Dec 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 Q4 2025, the filing reported:

New Buys - LPL Financial Holdings Inc.

Increases - Agilent Technologies, Inc., Adobe Inc., Analog Devices, Inc., Alcon, Applied Materials, Inc., and 30 more

Reductions - Broadcom Inc.

Complete Exits - Ecolab Inc., Zoetis Inc.

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
Q4 2025	A Agilent Technologies, Inc.	Agilent Technologies, Inc.	Buy	+23,493	+0.8%	$423.94M	3,115,638
Q4 2025	ADBE Adobe Inc.	Adobe Inc.	Buy	+156,929	+15.7%	$405.02M	1,157,237
Q4 2025	ADI Analog Devices, Inc.	Analog Devices, Inc.	Buy	+16,274	+0.8%	$588.18M	2,168,792
Q4 2025	ALC Alcon	Alcon	Buy	+21,799	+0.8%	$224.22M	2,845,121
Q4 2025	AMAT Applied Materials, Inc.	Applied Materials, Inc.	Buy	+22,401	+0.8%	$764.20M	2,973,661
Q4 2025	AMT American Tower Corporation (REI	American Tower Corporation (REI	Buy	+14,709	+0.8%	$321.39M	1,830,525
Q4 2025	AON Aon Plc	Aon Plc	Buy	+9,277	+0.8%	$438.64M	1,243,018
Q4 2025	AVGO Broadcom Inc.	Broadcom Inc.	Sell	-95,438	-2.0%	$1.59B	4,604,301
Q4 2025	BLK BlackRock, Inc.	BlackRock, Inc.	Buy	+3,850	+0.8%	$550.42M	514,252
Q4 2025	CBRE CBRE Group Inc	CBRE Group Inc	Buy	+33,565	+0.8%	$717.22M	4,460,586
Q4 2025	CME CME Group Inc.	CME Group Inc.	Buy	+11,844	+0.8%	$429.56M	1,573,017
Q4 2025	CP Canadian Pacific Kansas City Li	Canadian Pacific Kansas City Li	Buy	+33,849	+0.8%	$309.82M	4,207,858
Q4 2025	ECL Ecolab Inc.	Ecolab Inc.	Sell - Position Exit	-78,513	-100.0%	$0.00	-
Q4 2025	EFX Equifax, Inc.	Equifax, Inc.	Buy	+12,995	+0.8%	$374.07M	1,723,998
Q4 2025	ENTG Entegris, Inc.	Entegris, Inc.	Buy	+19,434	+0.8%	$207.18M	2,459,153
Q4 2025	FAST Fastenal Company	Fastenal Company	Buy	+70,183	+0.8%	$371.88M	9,266,888
Q4 2025	FERG Ferguson Enterprises Inc.	Ferguson Enterprises Inc.	Buy	+14,963	+0.8%	$441.89M	1,984,854
Q4 2025	FLUT Flutter Entertainment	Flutter Entertainment	Buy	+16,929	+0.8%	$486.86M	2,264,025
Q4 2025	FWONK Liberty Media Corporation - Ser	Liberty Media Corporation - Ser	Buy	+540,760	+46.4%	$168.15M	1,706,899
Q4 2025	GOOGL Alphabet Inc.	Alphabet Inc.	Buy	+31,702	+0.8%	$1.32B	4,215,234
Q4 2025	IBKR Interactive Brokers Group, Inc.	Interactive Brokers Group, Inc.	Buy	+95,878	+0.8%	$820.59M	12,759,904
Q4 2025	ICE Intercontinental Exchange Inc.	Intercontinental Exchange Inc.	Buy	+25,032	+0.8%	$540.62M	3,337,982
Q4 2025	IQV IQVIA Holdings, Inc.	IQVIA Holdings, Inc.	Buy	+14,210	+0.7%	$437.55M	1,941,144
Q4 2025	LPLA LPL Financial Holdings Inc.	LPL Financial Holdings Inc.	Buy - Position Entry	+369,068	-	$131.82M	369,068
Q4 2025	LYV Live Nation Entertainment, Inc.	Live Nation Entertainment, Inc.	Buy	+21,246	+0.8%	$398.60M	2,797,205
Q4 2025	MCO Moody's Corporation	Moody's Corporation	Buy	+3,395	+0.8%	$227.53M	445,400
Q4 2025	MSFT Microsoft Corporation	Microsoft Corporation	Buy	+9,495	+0.8%	$610.34M	1,262,019
Q4 2025	ORCL Oracle Corporation	Oracle Corporation	Buy	+6,419	+0.8%	$167.75M	860,677
Q4 2025	SPGI S&P Global Inc.	S&P Global Inc.	Buy	+13,209	+0.8%	$917.47M	1,755,624
Q4 2025	SSNC SS&C Technologies Holdings, Inc	SS&C Technologies Holdings, Inc	Buy	+32,136	+0.8%	$372.28M	4,258,493

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