Caledonia Investments Portfolio Concentration Analysis for June 30, 2026

As of June 30, 2026, Caledonia Investments Plc holds a substantial portfolio valued at approximately $883.26 million.

The investor's largest positions are dominated by stocks from specific sectors:

• Philip Morris International Inc (PM), a major player in the Consumer Defensive sector, accounts for about 14.38% of the portfolio.
• Texas Instruments Inc (TXN) is another significant holding with roughly 13.39% allocation, also in Technology.
• The third largest position belongs to Watsco Inc (WSO), representing approximately 10.99% of the portfolio and falling within the Industrials sector.

Furthermore, Caledonia Investments has notable stakes in other large-cap companies:

• Microsoft Corp (MSFT), holding about 8.41% of the portfolio, is also a Technology stock.
• Fastenal Co (FAST) makes up roughly 7.53% in the Industrials sector.

The portfolio's overall allocation across sectors reveals a significant tilt towards certain industries:

• Caledonia Investments Plc has the highest exposure in Technology, with holdings totaling $260.37 million and representing about 29.48% of its assets.
• The Industrials sector follows closely at around 27.4%, valued at approximately $242.02 million.

Other sectors represented in the portfolio include Consumer Defensive (14.38%), Financial Services (~13.99% combined from SCHW and MCO), Healthcare, and others with smaller allocations:

• Charles Schwab Corp (SCHW) contributes to the Financial Services allocation.
• Moody's Corp (MCO), another Financial Services stock, is also present in the portfolio.

Overall, Caledonia Investments Plc's portfolio shows a clear concentration towards large-cap Technology and Industrials stocks as of June 30, 2026. The analysis focuses solely on the structure of current holdings without making any assumptions about investment strategy or performance.