MOUNTAIN PACIFIC INVESTMENT ADVISERS LLC

Fundamental diversified ★Signal CIK 1067324
League rank
#545
in Fundamental diversified · #3669 overall
Long book
$583.7M
Q1 2026
Positions
141
Top-10 weight
40%
concentration
Last quarter
+11.7%
SPY +14.8%
Turnover
6%
of book per quarter

Strategy in plain words

auto-generated from filings

MOUNTAIN PACIFIC INVESTMENT ADVISERS LLC is a diversified fundamental manager, running a $583.7M US long book across 141 positions.

The portfolio is moderately concentrated (top 10 ≈ 40% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: AMPHENOL CORP-CL A, AMETEK INC, DANAHER CORP, IDEX CORP, VERTIV HOLDINGS CO-A.

Over the last 9 quarters its long book ran on average 2.5pp per quarter behind the S&P 500, beating the index in 2 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-3.0%
Q2 2024
+8.7%
Q3 2024
-1.9%
Q4 2024
-4.3%
Q1 2025
+6.1%
Q2 2025
+2.5%
Q3 2025
-0.1%
Q4 2025
-1.3%
Q1 2026
+11.7%

Sector allocation

Technology
35%
Industrials
26%
Other
12%
Financials
8%
Services media
6%
Consumer discretionary
6%
Healthcare
5%
Utilities
1%

Long book by quarter

$1.79B
Q1 2024
$1.34B
Q2 2024
$1.46B
Q3 2024
$1.42B
Q4 2024
$1.35B
Q1 2025
$1.38B
Q2 2025
$639.0M
Q3 2025
$617.1M
Q4 2025
$583.7M
Q1 2026

What does MOUNTAIN PACIFIC own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
APH AMPHENOL CORP-CL ATechnology371.9K$47.0M8.0%-9.9%
AME AMETEK INCTechnology180.3K$38.6M6.6%-3.9%
DHR DANAHER CORPTechnology126.2K$23.9M4.1%-2.2%
IEX IDEX CORPIndustrials118.0K$22.4M3.8%-2.0%
VRT VERTIV HOLDINGS CO-ATechnology82.4K$20.7M3.5%-11.3%
TMO THERMO FISHER SCIENTIFIC INCOther38.5K$18.9M3.2%-2.1%
ATR APTARGROUP INCOther131.3K$16.5M2.8%-2.3%
XYL XYLEM INCIndustrials137.9K$16.5M2.8%+2.3%
AJG ARTHUR J GALLAGHER & COFinancials75.5K$16.3M2.8%+2.4%
DCI DONALDSON CO INCIndustrials181.2K$15.4M2.6%-1.6%
ROP ROPER TECHNOLOGIES INCTechnology41.9K$14.8M2.5%+1.3%
FISV FISERV INCServices media248.1K$13.8M2.4%-1.5%
GGG GRACO INCIndustrials148.3K$12.6M2.2%-4.3%
VRSK VERISK ANALYTICS INCTechnology60.5K$11.5M2.0%-2.9%
NDSN NORDSON CORPIndustrials39.1K$10.4M1.8%-3.8%
COST COSTCO WHOLESALE CORPConsumer discretionary10.0K$9.9M1.7%-0.3%
RBC RBC BEARINGS INCIndustrials17.9K$9.7M1.7%-2.9%
NVT NVENT ELECTRIC PLCIndustrials81.8K$9.7M1.7%-4.5%
FIX COMFORT SYSTEMS USA INCIndustrials6.6K$9.0M1.5%-15.3%
FAST FASTENAL COConsumer discretionary190.9K$8.9M1.5%-2.2%
LSTR LANDSTAR SYSTEM INCIndustrials55.2K$8.8M1.5%-5.5%
ECL ECOLAB INCOther33.0K$8.8M1.5%-0.5%
RPM RPM INTERNATIONAL INCOther88.1K$8.8M1.5%-2.2%
CHD CHURCH & DWIGHT CO INCOther80.5K$7.5M1.3%-2.6%
FIS FIDELITY NATIONAL INFO SERVServices media145.7K$6.8M1.2%-5.0%
CLH CLEAN HARBORS INCUtilities23.4K$6.7M1.2%-1.0%
XOM EXXON MOBIL CORPEnergy37.2K$6.3M1.1%-0.3%
JPM JPMORGAN CHASE & COFinancials21.1K$6.2M1.1%-2.2%
AIZ ASSURANT INCFinancials27.8K$6.1M1.0%-7.7%
FTV FORTIVE CORPTechnology102.6K$5.7M1.0%-2.2%
SPGI S&P GLOBAL INCServices media13.0K$5.5M0.9%-3.5%
CSW CSW INDUSTRIALS INCOther19.1K$5.0M0.9%+4.8%
MSA MSA SAFETY INCHealthcare29.7K$4.9M0.8%+3.2%
VLTO VERALTO CORPTechnology54.2K$4.8M0.8%-0.8%
MSFT MICROSOFT CORPTechnology11.7K$4.3M0.7%-3.2%
MU MICRON TECHNOLOGY INCTechnology11.8K$4.0M0.7%-1.7%
FCN FTI CONSULTING INCServices media20.3K$3.6M0.6%-3.3%
USB US BANCORPFinancials68.6K$3.6M0.6%-0.4%
JNJ JOHNSON & JOHNSONHealthcare14.5K$3.5M0.6%-2.2%
AIT APPLIED INDUSTRIAL TECH INCConsumer discretionary12.9K$3.4M0.6%+1.2%
KAI KADANT INCIndustrials11.6K$3.4M0.6%+1.8%
ABBV ABBVIE INCHealthcare15.3K$3.3M0.6%-1.6%
AAPL APPLE INCTechnology13.0K$3.3M0.6%-10.5%
UFPT UFP TECHNOLOGIES INCHealthcare16.6K$3.2M0.6%-3.3%
PNR PENTAIR PLCIndustrials30.8K$2.7M0.5%-11.1%
WMT WALMART INCConsumer discretionary20.7K$2.6M0.4%-3.0%
ABT ABBOTT LABORATORIESHealthcare24.4K$2.5M0.4%-1.0%
ADP AUTOMATIC DATA PROCESSINGTechnology12.1K$2.5M0.4%-3.6%
WAT WATERS CORPHealthcare8.3K$2.5M0.4%-2.4%
GNRC GENERAC HOLDINGS INCIndustrials12.3K$2.4M0.4%-7.7%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 16, 2026141$583.7M canonicalSEC ↗
Q4 202513F-HRJan 29, 2026144$617.1M canonicalSEC ↗
Q3 202513F-HROct 30, 2025144$639.0M canonicalSEC ↗
Q2 202513F-HRJul 18, 2025139$1.38B canonicalSEC ↗
Q1 202513F-HRApr 17, 2025140$1.35B canonicalSEC ↗
Q4 202413F-HRJan 16, 2025136$1.42B canonicalSEC ↗
Q3 202413F-HROct 9, 2024142$1.46B canonicalSEC ↗
Q2 202413F-HRJul 11, 2024138$1.34B canonicalSEC ↗
Q1 202413F-HRApr 11, 2024139$1.79B canonicalSEC ↗