YCG, LLC
Long book
$1.10B
Q1 2026
Positions
42
Top-10 weight
51%
concentration
Last quarter
+6.8%
SPY +14.8%
Turnover
13%
of book per quarter
Strategy in plain words
auto-generated from filingsYCG, LLC is a concentrated fundamental stock-picker, running a $1.10B US long book across 42 positions.
The portfolio is concentrated: the top 10 names carry 51% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: MASTERCARD INC - A, MOODY'S CORP, MICROSOFT CORP, COPART INC, MSCI INC.
Over the last 9 quarters its long book ran on average 3.8pp per quarter behind the S&P 500, beating the index in 2 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-0.6%
Q2 2024
+6.2%
Q3 2024
+0.7%
Q4 2024
+0.8%
Q1 2025
+4.2%
Q2 2025
-1.0%
Q3 2025
+0.5%
Q4 2025
-11.1%
Q1 2026
+6.8%
Sector allocation
Services media 30%
Technology 18%
Financials 14%
Industrials 11%
Consumer discretionary 9%
Utilities 8%
Materials 6%
Other 2%
Long book by quarter
What does YCG, LLC own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MA MASTERCARD INC - A | Services media | 156.5K | $78.2M | 7.1% | -2.8% |
| MCO MOODY'S CORP | Services media | 175.0K | $76.3M | 6.9% | -3.3% |
| MSFT MICROSOFT CORP | Technology | 164.8K | $61.0M | 5.5% | -5.2% |
| CPRT COPART INC | Consumer discretionary | 1.8M | $58.3M | 5.3% | +18.7% |
| MSCI MSCI INC | Services media | 106.9K | $57.6M | 5.2% | -3.1% |
| FICO FAIR ISAAC CORP | Services media | 48.8K | $52.1M | 4.7% | +15.7% |
| WM WASTE MANAGEMENT INC | Utilities | 220.7K | $50.7M | 4.6% | -10.1% |
| AON AON PLC-CLASS A | Financials | 147.0K | $47.5M | 4.3% | -2.9% |
| LIN LINDE PLC | Materials | 87.6K | $43.4M | 3.9% | +10.3% |
| RSG REPUBLIC SERVICES INC | Utilities | 194.1K | $42.5M | 3.8% | -7.8% |
| GOOG ALPHABET INC-CL C | Technology | 145.1K | $41.6M | 3.8% | -28.8% |
| VRSK VERISK ANALYTICS INC | Technology | 218.6K | $41.5M | 3.8% | +17.3% |
| MRSH MARSH & MCLENNAN COS | Financials | 235.1K | $40.8M | 3.7% | -2.3% |
| CME CME GROUP INC | Financials | 135.8K | $40.1M | 3.6% | +8.5% |
| AMZN AMAZON.COM INC | Consumer discretionary | 191.9K | $40.0M | 3.6% | -3.1% |
| SPGI S&P GLOBAL INC | Services media | 84.7K | $36.0M | 3.3% | -1.3% |
| TDG TRANSDIGM GROUP INC | Industrials | 30.2K | $35.0M | 3.2% | +29.6% |
| CP CANADIAN PACIFIC KANSAS CITY | Industrials | 337.9K | $26.6M | 2.4% | -13.3% |
| CNI CANADIAN NATL RAILWAY CO | Industrials | 257.1K | $26.4M | 2.4% | -12.3% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 45.5K | $21.8M | 2.0% | -7.1% |
| RACE FERRARI NV | Industrials | 62.2K | $21.0M | 1.9% | -3.4% |
| INTU INTUIT INC | Technology | 44.1K | $19.1M | 1.7% | -30.3% |
| V VISA INC-CLASS A SHARES | Services media | 57.3K | $17.3M | 1.6% | -6.3% |
| PG PROCTER & GAMBLE CO/THE | Other | 112.9K | $16.3M | 1.5% | -3.5% |
| CBRE CBRE GROUP INC - A | Real estate | 111.5K | $15.1M | 1.4% | -38.0% |
| META META PLATFORMS INC-CLASS A | Technology | 24.8K | $14.2M | 1.3% | -4.0% |
| MLM MARTIN MARIETTA MATERIALS | Materials | 22.6K | $13.3M | 1.2% | +10.3% |
| CRH CRH PLC | Industrials | 120.0K | $12.6M | 1.1% | +5.0% |
| VMC VULCAN MATERIALS CO | Materials | 43.6K | $11.9M | 1.1% | -3.3% |
| AAPL APPLE INC | Technology | 34.4K | $8.7M | 0.8% | -40.3% |
| CSGP COSTAR GROUP INC | Services media | 196.0K | $7.9M | 0.7% | -45.4% |
| CL COLGATE-PALMOLIVE CO | Other | 86.3K | $7.4M | 0.7% | -58.7% |
| PGR PROGRESSIVE CORP | Financials | 36.3K | $7.2M | 0.7% | -43.4% |
| ADBE ADOBE INC | Technology | 29.1K | $7.1M | 0.6% | -36.8% |
| KO COCA-COLA CO/THE | Consumer staples | 41.9K | $3.2M | 0.3% | -44.9% |
| SYK STRYKER CORP | Healthcare | 3.4K | $1.1M | 0.1% | -13.7% |
| EFX EQUIFAX INC | Services media | 5.6K | $1.0M | 0.1% | -6.1% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 1 | $718K | 0.1% | -50.0% |
| JNJ JOHNSON & JOHNSON | Healthcare | 2.9K | $699K | 0.1% | -34.1% |
| XOM EXXON MOBIL CORP | Energy | 1.5K | $254K | 0.0% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 14, 2026 | 42 | $1.10B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 11, 2026 | 44 | $1.33B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 28, 2025 | 37 | $1.33B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 36 | $1.29B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 13, 2025 | 38 | $1.28B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 10, 2025 | 38 | $1.26B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 4, 2024 | 37 | $1.30B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 6, 2024 | 38 | $1.23B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 6, 2024 | 38 | $1.26B | canonical | SEC ↗ |
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