Investor: Peter Bundgaard & Anders Lund
Number of Assets: 11
Reporting Period: Q1 - 2026
Holdings at Report: $2,937,463,664
Return Since Report: -$173,720,728
Return Since Report: -5.91%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Automatic Data Processing Inc. (ADP) | Equity | +6.17% | 1,178,347 | 8.15% | $203.18 | $214.48 | $239,416,543 | $252,731,865 | +$13,315,322 | +5.56% |
| Autozone Inc. (AZO) | Equity | +19.46% | 87,655 | 10.08% | $3,377.78 | $3,321.15 | $296,079,306 | $291,115,403 | -$4,963,903 | -1.68% |
| Moody's Corp. (MCO) | Equity | +91.88% | 518,183 | 7.70% | $436.25 | $428.90 | $226,057,334 | $222,248,689 | -$3,808,645 | -1.68% |
| Otis Worldwide Corp. (OTIS) | Equity | -6.21% | 4,388,045 | 11.51% | $77.08 | $71.01 | $338,230,509 | $311,595,075 | -$26,635,434 | -7.87% |
| Arthur J. Gallagher & Co. (AJG) | Equity | +100% | 647,008 | 4.77% | $216.58 | $199.95 | $140,128,993 | $129,369,250 | -$10,759,743 | -7.68% |
| S&P Global Inc. (SPGI) | Equity | +163.53% | 880,640 | 12.75% | $425.34 | $403.09 | $374,571,418 | $354,977,178 | -$19,594,240 | -5.23% |
| Mastercard Inc. (MA) | Equity | +7.52% | 448,662 | 7.63% | $499.66 | $494.20 | $224,178,455 | $221,728,760 | -$2,449,695 | -1.09% |
| Salesforce Inc. (CRM) | Equity | +33.88% | 720,685 | 4.58% | $186.67 | $173.51 | $134,530,269 | $125,046,054 | -$9,484,215 | -7.05% |
| Visa Inc. (V) | Equity | +28.64% | 590,202 | 6.07% | $302.24 | $325.75 | $178,382,652 | $192,258,302 | +$13,875,650 | +7.78% |
| Yum China Holdings Inc. (YUMC) | Equity | -8.05% | 11,371,593 | 18.88% | $48.78 | $45.51 | $554,706,307 | $517,521,197 | -$37,185,110 | -6.70% |
| Zoetis Inc. (ZTS) | Equity | -1.06% | 1,955,688 | 7.87% | $118.21 | $74.22 | $231,181,878 | $145,151,163 | -$86,030,715 | -37.21% |