ALTA CAPITAL MANAGEMENT LLC/

SALT LAKE CITY, UT · CIK 1093589 · 13F filing filed 2024-07-25

SEC-registered investment adviser since 1995 · limited liability company

Assets managed$1.6bn
Staff19 · 12 in investment roles
Main clients (by assets)High net worth individuals 40%, Individuals 23%, Companies 18%
Form ADV · 2026-06-26SEC adviser record

$1.6bn reported value -1.9% vs Q1 2024

89positions

44.7%in top 10

2 new 35 added 38 reduced 5 sold out vs Q1 2024

Also in the report of:

Advisory Services Network, LLC – $1.1m of shares are in both reports

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2024

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ALPHABET INC CAP STK CL A GOOGL	GOOGL	680,103	$123.9m7.79%	7.79%	Reduced -82.6k	-82,637 -10.8%
2	APPLE INC COM AAPL	AAPL	513,307	$108.1m6.80%	6.80%	Added +32.0k	+32,031 6.7%
3	AMAZON COM INC COM AMZN	AMZN	409,814	$79.2m4.98%	4.98%	Added +136.8k	+136,763 50.1%
4	MICROSOFT CORP COM MSFT	MSFT	167,786	$75.0m4.72%	4.72%	Reduced -6.6k	-6,557 -3.8%
5	ADOBE INC COM ADBE	ADBE	115,527	$64.2m4.04%	4.04%	Added +8.6k	+8,620 8.1%
6	UNITEDHEALTH GROUP INC COM UNH	UNH	114,322	$58.2m3.66%	3.66%	Added +19.4k	+19,420 20.5%
7	TJX COS INC NEW COM TJX	TJX	489,303	$53.9m3.39%	3.39%	Reduced -39.8k	-39,842 -7.5%
8	MASTERCARD INCORPORATED CL A MA	MA	115,487	$50.9m3.20%	3.20%	Reduced -4.7k	-4,665 -3.9%
9	BOOKING HOLDINGS INC COM BKNG	BKNG	12,604	$49.9m3.14%	3.14%	Reduced -741	-741 -5.5%
10	AMPHENOL CORP CL A APH	APH	714,400	$48.1m3.03%	3.03%	Reduced -274.2k	-274,248 -27.7%
11	INTUIT COM INTU	INTU	72,438	$47.6m2.99%	2.99%	Added +100	+100 0.1%
12	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	85,847	$47.5m2.99%	2.99%	Reduced -3.7k	-3,702 -4.1%
13	FISERV INC COM FISV	FISV	309,900	$46.2m2.90%	2.90%	Reduced -51.8k	-51,751 -14.3%
14	MARKEL GROUP INC COM MKL	MKL	28,649	$45.1m2.84%	2.84%	Reduced -1.6k	-1,638 -5.4%
15	S&P GLOBAL INC COM SPGI	SPGI	95,487	$42.6m2.68%	2.68%	Reduced -7.9k	-7,930 -7.7%
16	AUTODESK INC COM ADSK	ADSK	165,543	$41.0m2.58%	2.58%	Reduced -12.6k	-12,637 -7.1%
17	NVIDIA CORPORATION COM NVDA	NVDA	329,540	$40.7m2.56%	2.56%	Reduced -29.8k	-29,780 -8.3%
18	HOME DEPOT INC COM HD	HD	102,120	$35.2m2.21%	2.21%	Reduced -33.1k	-33,062 -24.5%
19	DOLLAR GEN CORP NEW COM DG	DG	238,499	$31.5m1.98%	1.98%	Reduced -3.8k	-3,799 -1.6%
20	RESTAURANT BRANDS INTL INC COM QSR	QSR	447,494	$31.5m1.98%	1.98%	Reduced -5.4k	-5,435 -1.2%
21	ZOETIS INC CL A ZTS	ZTS	173,879	$30.1m1.90%	1.90%	Added +15.2k	+15,189 9.6%
22	SHERWIN WILLIAMS CO COM SHW	SHW	100,590	$30.0m1.89%	1.89%	Reduced -6.3k	-6,336 -5.9%
23	VISA INC COM CL A V	V	112,466	$29.5m1.86%	1.86%	Reduced -31.6k	-31,626 -21.9%
24	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	93,368	$28.3m1.78%	1.78%	Reduced -5.6k	-5,593 -5.7%
25	ICON PLC SHS ICLR	ICLR	87,749	$27.5m1.73%	1.73%	Reduced -9.6k	-9,624 -9.9%
26	ZEBRA TECHNOLOGIES CORPORATI CL A ZBRA	ZBRA	85,407	$26.4m1.66%	1.66%	Reduced -37.8k	-37,820 -30.7%
27	AUTOZONE INC COM AZO	AZO	8,264	$24.5m1.54%	1.54%	Added +4.6k	+4,604 125.8%
28	NAPCO SEC TECHNOLOGIES INC COM NSSC	NSSC	422,525	$22.0m1.38%	1.38%	Reduced -18.4k	-18,449 -4.2%
29	LOWES COS INC COM LOW	LOW	94,097	$20.7m1.30%	1.30%	Added +4.3k	+4,304 4.8%
30	RTX CORPORATION COM RTX	RTX	176,329	$17.7m1.11%	1.11%	Reduced -18.3k	-18,330 -9.4%
31	BROADRIDGE FINL SOLUTIONS IN COM BR	BR	83,569	$16.5m1.04%	1.04%	Reduced -5.6k	-5,596 -6.3%
32	GODADDY INC CL A GDDY	GDDY	116,965	$16.3m1.03%	1.03%	Reduced -22.2k	-22,158 -15.9%
33	NOVO-NORDISK A S ADR NVO	NVO	109,912	$15.7m0.99%	0.99%	New
34	VERISIGN INC COM VRSN	VRSN	86,753	$15.4m0.97%	0.97%	Added +19.1k	+19,051 28.1%
35	COPART INC COM CPRT	CPRT	284,021	$15.4m0.97%	0.97%	Added +2.3k	+2,338 0.8%
36	CORPAY INC COM SHS CPAY	CPAY	48,771	$13.0m0.82%	0.82%	Reduced -70	-70 -0.1%
37	CINTAS CORP COM CTAS	CTAS	18,302	$12.8m0.81%	0.81%	Reduced -4.9k	-4,860 -21.0%
38	IDEXX LABS INC COM IDXX	IDXX	20,484	$10.0m0.63%	0.63%	Added +6.9k	+6,943 51.3%
39	TAKE-TWO INTERACTIVE SOFTWAR COM TTWO	TTWO	58,983	$9.2m0.58%	0.58%	Reduced -137.3k	-137,301 -70.0%
40	POOL CORP COM POOL	POOL	26,442	$8.1m0.51%	0.51%	Added +1.6k	+1,611 6.5%
41	JPMORGAN CHASE & CO COM JPM	JPM	27,574	$5.6m0.35%	0.35%	Reduced -72	-72 -0.3%
42	CHEVRON CORP NEW COM CVX	CVX	30,674	$4.8m0.30%	0.30%	Added +280	+280 0.9%
43	ALPHABET INC CAP STK CL C GOOG	GOOG	25,000	$4.6m0.29%	0.29%	Unchanged
44	VERIZON COMMUNICATIONS INC COM VZ	VZ	110,595	$4.6m0.29%	0.29%	Added +1.4k	+1,412 1.3%
45	AT&T INC COM T	T	207,689	$4.0m0.25%	0.25%	Added +779	+779 0.4%
46	EXTRA SPACE STORAGE INC COM EXR	EXR	24,790	$3.9m0.24%	0.24%	Added +412	+412 1.7%
47	CISCO SYS INC COM CSCO	CSCO	78,738	$3.7m0.24%	0.24%	Added +2.5k	+2,515 3.3%
48	AMERICAN TOWER CORP NEW COM AMT	AMT	19,008	$3.7m0.23%	0.23%	Added +684	+684 3.7%
49	KENVUE INC COM KVUE	KVUE	165,545	$3.0m0.19%	0.19%	Added +3.4k	+3,353 2.1%
50	LOCKHEED MARTIN CORP COM LMT	LMT	6,400	$3.0m0.19%	0.19%	Added +91	+91 1.4%
51	UNITED PARCEL SERVICE INC CL B UPS	UPS	21,688	$3.0m0.19%	0.19%	Added +467	+467 2.2%
52	MCDONALDS CORP COM MCD	MCD	11,551	$2.9m0.19%	0.19%	Added +268	+268 2.4%
53	PEPSICO INC COM PEP	PEP	17,555	$2.9m0.18%	0.18%	Added +328	+328 1.9%
54	BOOZ ALLEN HAMILTON HLDG COR CL A BAH	BAH	18,410	$2.8m0.18%	0.18%	Added +147	+147 0.8%
55	UNION PAC CORP COM UNP	UNP	12,245	$2.8m0.17%	0.17%	Added +209	+209 1.7%
56	WEC ENERGY GROUP INC COM WEC	WEC	33,532	$2.6m0.17%	0.17%	Added +967	+967 3.0%
57	CONSTELLATION BRANDS INC CL A STZ	STZ	9,371	$2.4m0.15%	0.15%	Reduced -3.0k	-3,012 -24.3%
58	Guardian Cap Group COM COM		70,500	$2.2m0.14%	0.14%	Added +300	+300 0.4%
59	TEXAS INSTRS INC COM TXN	TXN	8,323	$1.6m0.10%	0.10%	Added +19	+19 0.2%
60	META PLATFORMS INC CL A META	META	3,209	$1.6m0.10%	0.10%	Unchanged
61	PHILLIPS 66 COM PSX	PSX	9,631	$1.4m0.09%	0.09%	Added +24	+24 0.2%
62	WALMART INC COM WMT	WMT	16,500	$1.1m0.07%	0.07%	Unchanged
63	WASTE MGMT INC DEL COM WM	WM	5,000	$1.1m0.07%	0.07%	Unchanged
64	ZIONS BANCORPORATION N A COM ZION	ZION	23,642	$1.0m0.06%	0.06%	Added +174	+174 0.7%
65	ELI LILLY & CO COM LLY	LLY	1,000	$905.4k0.06%	0.06%	Unchanged
66	BOEING CO COM BA	BA	3,658	$665.9k0.04%	0.04%	Reduced -95	-95 -2.5%
67	DOLLAR TREE INC COM DLTR	DLTR	6,170	$658.8k0.04%	0.04%	Unchanged
68	KROGER CO COM KR	KR	12,938	$646.0k0.04%	0.04%	Added +37	+37 0.3%
69	COCA COLA CO COM KO	KO	10,000	$636.5k0.04%	0.04%	Reduced -5.0k	-5,000 -33.3%
70	BERKSHIRE HATHAWAY INC DEL CL A BRK.A	BRK.A	1	$612.2k0.04%	0.04%	Unchanged
71	DOMINOS PIZZA INC COM DPZ	DPZ	1,114	$575.3k0.04%	0.04%	Added +2	+2 0.2%
72	ABBVIE INC COM ABBV	ABBV	3,235	$554.9k0.03%	0.03%	Reduced -125	-125 -3.7%
73	ABBOTT LABS COM ABT	ABT	5,000	$519.5k0.03%	0.03%	Unchanged
74	ADAM NAT RES FD INC COM PEO	PEO	20,000	$472.2k0.03%	0.03%	Unchanged
75	SRH TOTAL RETURN FUND INC COM STEW	STEW	31,211	$454.1k0.03%	0.03%	Unchanged
76	MEDTRONIC PLC SHS MDT	MDT	5,000	$393.6k0.02%	0.02%	Unchanged
77	KINDER MORGAN INC DEL COM KMI	KMI	18,142	$360.5k0.02%	0.02%	Unchanged
78	ECOLAB INC COM ECL	ECL	1,500	$357.0k0.02%	0.02%	Unchanged
79	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	1,915	$332.8k0.02%	0.02%	Reduced -749	-749 -28.1%
80	STARBUCKS CORP COM SBUX	SBUX	4,000	$311.4k0.02%	0.02%	Unchanged
81	DEVON ENERGY CORP NEW COM DVN	DVN	6,425	$304.6k0.02%	0.02%	Added +23	+23 0.4%
82	STERIS PLC SHS USD STE	STE	1,263	$277.3k0.02%	0.02%	Reduced -272	-272 -17.7%
83	MARRIOTT INTL INC NEW CL A MAR	MAR	1,022	$247.1k0.02%	0.02%	Added +5	+5 0.5%
84	DEERE & CO COM DE	DE	652	$243.6k0.02%	0.02%	Added +1	+1 0.1%
85	TENCENT HOLDINGS LTD COM TCEHY	TCEHY	5,138	$243.3k0.02%	0.02%	Reduced -320	-320 -5.9%
86	ULTA BEAUTY INC COM ULTA	ULTA	624	$240.8k0.02%	0.02%	Reduced -73	-73 -10.5%
87	MERCADOLIBRE INC COM MELI	MELI	136	$223.5k0.01%	0.01%	Reduced -9	-9 -6.2%
88	HDFC BANK LTD SPONSORED ADS HDB	HDB	3,186	$205.0k0.01%	0.01%	New
89	WEG SA BRAZIL SPONSORED ADR COM WEGZY	WEGZY	12,275	$93.4k0.01%	0.01%	Reduced -720	-720 -5.5%

Sold out since Q1 2024

Security	Ticker	Shares held before	Value then
DISNEY WALT CO DIS	DIS	224,997	$27.5m225.0k shares
YUM CHINA HLDGS INC YUMC	YUMC	5,818	$231.5k5.8k shares
YUM BRANDS INC YUM	YUM	1,488	$206.3k1.5k shares
Guardian Cap Group (Voting)		6,000	$206.2k6.0k shares
Magazine Luiza SA ADR		20,068	$30.1k20.1k shares