FIDUCIARY MANAGEMENT INC /WI/
Long book
$8.06B
Q1 2026
Positions
62
Top-10 weight
33%
concentration
Last quarter
+12.5%
SPY +14.8%
Turnover
18%
of book per quarter
Strategy in plain words
auto-generated from filingsFIDUCIARY MANAGEMENT INC /WI/ is an institutional manager, running a $8.06B US long book across 62 positions.
The portfolio is moderately concentrated (top 10 ≈ 33% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: ARAMARK, BOOKING HOLDINGS INC, SCHWAB (CHARLES) CORP, FERGUSON ENTERPRISES INC, AVERY DENNISON CORP.
Over the last 9 quarters its long book ran on average 2.3pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-1.9%
Q2 2024
+6.6%
Q3 2024
-2.8%
Q4 2024
-0.5%
Q1 2025
+6.8%
Q2 2025
+1.6%
Q3 2025
-0.5%
Q4 2025
-2.2%
Q1 2026
+12.5%
Sector allocation
Consumer discretionary 26%
Financials 24%
Industrials 17%
Other 11%
Services media 10%
Healthcare 8%
Energy 2%
Technology 2%
Long book by quarter
What does FIDUCIARY MANAGEMENT own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| ARMK ARAMARK | Consumer discretionary | 10.6M | $429.2M | 5.3% | -7.7% |
| BKNG BOOKING HOLDINGS INC | Industrials | 93.9K | $395.4M | 4.9% | +28.5% |
| SCHW SCHWAB (CHARLES) CORP | Financials | 3.5M | $325.7M | 4.0% | -10.5% |
| FERG FERGUSON ENTERPRISES INC | Consumer discretionary | 1.3M | $311.9M | 3.9% | -10.0% |
| AVY AVERY DENNISON CORP | Other | 1.3M | $216.3M | 2.7% | -10.6% |
| CARR CARRIER GLOBAL CORP | Industrials | 3.6M | $200.9M | 2.5% | -10.2% |
| BDX BECTON DICKINSON AND CO | Healthcare | 1.2M | $194.9M | 2.4% | +12.4% |
| ACN ACCENTURE PLC-CL A | Services media | 962.4K | $190.8M | 2.4% | +35.2% |
| WTM WHITE MOUNTAINS INSURANCE GP | Financials | 85.1K | $186.9M | 2.3% | -5.8% |
| CDW CDW CORP/DE | Consumer discretionary | 1.4M | $174.7M | 2.2% | +41.0% |
| PRI PRIMERICA INC | Financials | 692.0K | $173.3M | 2.2% | +13.2% |
| FCFS FIRSTCASH HOLDINGS INC | Consumer discretionary | 912.1K | $171.5M | 2.1% | -5.4% |
| CSL CARLISLE COS INC | Other | 493.7K | $164.7M | 2.0% | -7.8% |
| VVV VALVOLINE INC | Energy | 4.8M | $162.6M | 2.0% | -2.9% |
| ZION ZIONS BANCORP NA | Financials | 2.8M | $160.6M | 2.0% | -3.7% |
| ATR APTARGROUP INC | Other | 1.3M | $157.8M | 2.0% | +0.4% |
| GTES GATES INDUSTRIAL CORP PLC | Industrials | 6.7M | $150.4M | 1.9% | -4.3% |
| ARW ARROW ELECTRONICS INC | Consumer discretionary | 1.0M | $150.4M | 1.9% | -34.7% |
| ALLE ALLEGION PLC | Services media | 1.0M | $150.1M | 1.9% | +1.7% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 304.6K | $146.0M | 1.8% | -12.0% |
| FCN FTI CONSULTING INC | Services media | 823.7K | $145.6M | 1.8% | New |
| HSIC HENRY SCHEIN INC | Consumer discretionary | 2.0M | $144.0M | 1.8% | -14.8% |
| OMF ONEMAIN HOLDINGS INC | Financials | 2.7M | $143.5M | 1.8% | -4.6% |
| MAS MASCO CORP | Industrials | 2.4M | $143.0M | 1.8% | -10.2% |
| DGX QUEST DIAGNOSTICS INC | Healthcare | 721.0K | $141.3M | 1.8% | -31.1% |
| ACGL ARCH CAPITAL GROUP LTD | Financials | 1.5M | $140.3M | 1.7% | +31.4% |
| PHG KONINKLIJKE PHILIPS NVR- NY | Healthcare | 5.0M | $136.4M | 1.7% | -23.9% |
| SYY SYSCO CORP | Consumer discretionary | 1.9M | $133.8M | 1.7% | -11.0% |
| PNC PNC FINANCIAL SERVICES GROUP | Financials | 636.1K | $132.4M | 1.6% | New |
| CVCO CAVCO INDUSTRIES INC | Other | 267.5K | $129.6M | 1.6% | +36.7% |
| NSIT INSIGHT ENTERPRISES INC | Consumer discretionary | 1.9M | $125.7M | 1.6% | +41.8% |
| SUNB SUNBELT RENTALS HOLDINGS INC | Services media | 1.9M | $125.1M | 1.6% | New |
| CNM CORE & MAIN INC-CLASS A | Consumer discretionary | 2.5M | $122.6M | 1.5% | -5.0% |
| DCI DONALDSON CO INC | Industrials | 1.4M | $121.1M | 1.5% | -38.5% |
| HAYW HAYWARD HOLDINGS INC | Industrials | 8.7M | $116.9M | 1.5% | -3.9% |
| DLTR DOLLAR TREE INC | Consumer discretionary | 1.1M | $116.9M | 1.5% | -9.8% |
| HLI HOULIHAN LOKEY INC | Financials | 803.6K | $115.4M | 1.4% | +15.2% |
| HURN HURON CONSULTING GROUP INC | Services media | 903.4K | $115.2M | 1.4% | +72.3% |
| PGR PROGRESSIVE CORP | Financials | 579.7K | $114.9M | 1.4% | +42.1% |
| MWA MUELLER WATER PRODUCTS INC-A | Industrials | 4.2M | $114.3M | 1.4% | +31.3% |
| MSA MSA SAFETY INC | Healthcare | 679.0K | $111.3M | 1.4% | -5.1% |
| COF CAPITAL ONE FINANCIAL CORP | Financials | 585.8K | $106.9M | 1.3% | -10.8% |
| UNH UNITEDHEALTH GROUP INC | Financials | 358.0K | $96.9M | 1.2% | -9.0% |
| GOOGL ALPHABET INC-CL A | Technology | 327.7K | $94.2M | 1.2% | -59.2% |
| LPX LOUISIANA-PACIFIC CORP | Other | 1.3M | $92.1M | 1.1% | +15.2% |
| FBIN FORTUNE BRANDS INNOVATIONS I | Other | 2.1M | $80.8M | 1.0% | -2.6% |
| SSD SIMPSON MANUFACTURING CO INC | Industrials | 434.2K | $74.5M | 0.9% | -4.6% |
| CCEP COCA-COLA EUROPACIFIC PARTNE | Consumer staples | 802.1K | $72.7M | 0.9% | -20.6% |
| BJ BJ'S WHOLESALE CLUB HOLDINGS | Consumer discretionary | 689.4K | $67.9M | 0.8% | -4.8% |
| AIT APPLIED INDUSTRIAL TECH INC | Consumer discretionary | 205.9K | $54.6M | 0.7% | -4.7% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 14, 2026 | 63 | $8.15B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 11, 2026 | 67 | $9.09B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 68 | $9.88B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 67 | $10.41B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 66 | $10.35B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 70 | $10.72B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 69 | $11.41B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 70 | $10.75B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 68 | $11.23B | canonical | SEC ↗ |
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