Select Equity Group, L.P.

NEW YORK, NY · CIK 1592643 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2013 · limited partnership

Assets managed$36.4bn
Staff171 · 83 in investment roles
Main clients (by assets)Private funds 79%, Other advisers 5%, Mutual funds and ETFs 4%
Private funds35 (26 hedge) · $18.7bn gross assets
Websiteastorplaceholdings.com
Form ADV · 2026-03-31SEC adviser record

Legal entitySELECT EQUITY GROUP, L.P. (US)

$18.9bn reported value +0.5% vs Q1 2026

143positions

34.6%in top 10

17 new 73 added 53 reduced 33 sold out vs Q1 2026

Options: 8 call positions ($335.1m notional), 6 put positions ($1.0bn notional) – listed below, not included above.

Holdings, Q2 2026

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	VIKING HOLDINGS LTD ORD SHS VIK	VIK	8,601,393	$900.3m4.77%	4.77%	Reduced -2.2m	-2,200,810 -20.4%
2	LIVE NATION ENTERTAINMENT IN COM LYV	LYV	4,523,826	$828.4m4.39%	4.39%	Reduced -820.6k	-820,629 -15.3%
3	SOMNIGROUP INTERNATIONAL INC COM SGI	SGI	8,892,691	$697.2m3.70%	3.70%	Reduced -381.2k	-381,217 -4.1%
4	ITT INC COM ITT	ITT	3,466,371	$685.5m3.63%	3.63%	Reduced -447.1k	-447,115 -11.4%
5	WABTEC COM WAB	WAB	2,421,552	$652.9m3.46%	3.46%	Reduced -502.1k	-502,091 -17.2%
6	MARKEL GROUP INC COM MKL	MKL	331,679	$647.8m3.43%	3.43%	Reduced -46.0k	-45,964 -12.2%
7	MARTIN MARIETTA MATLS INC COM MLM	MLM	1,011,255	$583.2m3.09%	3.09%	Reduced -22.2k	-22,165 -2.1%
8	LABCORP HOLDINGS INC COM SHS LH	LH	1,981,948	$554.9m2.94%	2.94%	Reduced -192.8k	-192,837 -8.9%
9	CRH PLC ORD CRH	CRH	4,577,115	$489.8m2.60%	2.60%	Reduced -280.4k	-280,373 -5.8%
10	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	1,024,189	$489.1m2.59%	2.59%	Reduced -3.7k	-3,737 -0.4%
11	TRANSDIGM GROUP INC COM TDG	TDG	353,230	$470.5m2.49%	2.49%	Added +305.3k	+305,287 636.8%
12	ENTEGRIS INC COM ENTG	ENTG	2,493,913	$448.6m2.38%	2.38%	Added +1.5m	+1,473,043 144.3%
13	NASDAQ INC COM NDAQ	NDAQ	5,646,320	$445.0m2.36%	2.36%	Added +83.2k	+83,194 1.5%
14	HUBBELL INC COM HUBB	HUBB	835,260	$437.0m2.32%	2.32%	Added +460.9k	+460,923 123.1%
15	STERIS PLC SHS USD STE	STE	1,894,646	$399.0m2.11%	2.11%	Reduced -248.7k	-248,733 -11.6%
16	ALCON AG ORD SHS ALC	ALC	5,766,342	$390.3m2.07%	2.07%	Added +90.0k	+90,038 1.6%
17	CANADIAN PACIFIC KANSAS CITY COM CP	CP	4,346,986	$376.8m2.00%	2.00%	Reduced -609.0k	-609,038 -12.3%
18	VISA INC COM CL A V	V	1,037,159	$355.8m1.89%	1.89%	Added +273.5k	+273,519 35.8%
19	EMCOR GROUP INC COM EME	EME	419,806	$348.4m1.85%	1.85%	Reduced -136.0k	-136,043 -24.5%
20	BWX TECHNOLOGIES INC COM BWXT	BWXT	1,704,008	$331.7m1.76%	1.76%	Added +977.6k	+977,584 134.6%
21	BROWN & BROWN INC COM BRO	BRO	4,892,500	$313.9m1.66%	1.66%	Reduced -3.1m	-3,129,623 -39.0%
22	CORE & MAIN INC CL A CNM	CNM	5,840,259	$281.8m1.49%	1.49%	Reduced -1.4m	-1,413,948 -19.5%
23	NVIDIA CORPORATION COM NVDA	NVDA	1,396,937	$279.5m1.48%	1.48%	Added +493.4k	+493,447 54.6%
24	PACKAGING CORP AMER COM PKG	PKG	1,120,539	$267.0m1.42%	1.42%	Added +97.5k	+97,498 9.5%
25	TRIMBLE INC COM TRMB	TRMB	5,080,354	$260.0m1.38%	1.38%	Reduced -525.5k	-525,514 -9.4%
26	SERVICE CORP INTL COM SCI	SCI	3,326,683	$252.7m1.34%	1.34%	Reduced -2.8m	-2,787,068 -45.6%
27	SPOTIFY TECHNOLOGY S A SHS SPOT	SPOT	536,831	$246.5m1.31%	1.31%	Added +171.0k	+170,955 46.7%
28	CORPAY INC COM SHS CPAY	CPAY	717,626	$239.2m1.27%	1.27%	Reduced -346.3k	-346,320 -32.5%
29	PAYCHEX INC COM PAYX	PAYX	2,320,215	$228.1m1.21%	1.21%	Reduced -1.3m	-1,349,858 -36.8%
30	AMAZON COM INC COM AMZN	AMZN	932,301	$222.2m1.18%	1.18%	Added +606.1k	+606,060 185.8%
31	AMPHENOL CORP CL A APH	APH	1,249,958	$220.4m1.17%	1.17%	Added +50.0k	+50,015 4.2%
32	CLEAN HARBORS INC COM CLH	CLH	728,374	$217.6m1.15%	1.15%	Reduced -403.2k	-403,228 -35.6%
33	C H ROBINSON WORLDWIDE INC COM NEW CHRW	CHRW	1,145,388	$215.7m1.14%	1.14%	Reduced -817.2k	-817,156 -41.6%
34	SIGNET JEWELERS LIMITED SHS SIG	SIG	2,436,873	$210.1m1.11%	1.11%	Reduced -837.9k	-837,943 -25.6%
35	INTEL CORP COM INTC	INTC	1,503,056	$209.9m1.11%	1.11%	Added +63.8k	+63,832 4.4%
36	ROLLINS INC COM ROL	ROL	4,283,955	$178.8m0.95%	0.95%	Reduced -483.2k	-483,167 -10.1%
37	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	352,700	$176.8m0.94%	0.94%	Added +53.2k	+53,200 17.8%
38	CAE INC COM CAE	CAE	7,018,338	$175.7m0.93%	0.93%	Reduced -1.2m	-1,233,353 -14.9%
39	WORKDAY INC CL A WDAY	WDAY	1,331,948	$163.1m0.86%	0.86%	Added +679.0k	+678,950 104.0%
40	VERISK ANALYTICS INC COM VRSK	VRSK	879,881	$158.0m0.84%	0.84%	Added +459.0k	+459,013 109.1%
41	LIBERTY MEDIA CORP DEL COM LBTY ONE S C FWONK	FWONK	1,598,060	$152.0m0.81%	0.81%	Added +335.4k	+335,365 26.6%
42	TRACTOR SUPPLY CO COM TSCO	TSCO	4,336,775	$137.1m0.73%	0.73%	Reduced -9.0m	-8,959,689 -67.4%
43	APOLLO GLOBAL MGMT INC COM APO	APO	1,154,448	$136.6m0.72%	0.72%	Added +240.5k	+240,463 26.3%
44	SALESFORCE INC COM CRM	CRM	828,563	$129.8m0.69%	0.69%	Added +326.8k	+326,773 65.1%
45	MICROSOFT CORP COM MSFT	MSFT	345,152	$128.7m0.68%	0.68%	Added +135.6k	+135,577 64.7%
46	CRANE COMPANY COMMON STOCK CR	CR	571,432	$127.5m0.68%	0.68%	Reduced -44.4k	-44,389 -7.2%
47	S&P GLOBAL INC COM SPGI	SPGI	244,596	$99.6m0.53%	0.53%	Added +139.0k	+139,034 131.7%
48	ALPHABET INC CAP STK CL C GOOG	GOOG	279,019	$98.6m0.52%	0.52%	Added +95.6k	+95,633 52.1%
49	MIDDLEBY CORP COM MIDD	MIDD	568,621	$97.8m0.52%	0.52%	Reduced -931.8k	-931,846 -62.1%
50	TELEDYNE TECHNOLOGIES INC COM TDY	TDY	146,635	$97.8m0.52%	0.52%	Reduced -52.3k	-52,321 -26.3%
51	BROADCOM INC COM AVGO	AVGO	257,148	$97.1m0.51%	0.51%	Added +55.7k	+55,664 27.6%
52	DESCARTES SYS GROUP INC COM DSGX	DSGX	1,290,947	$89.4m0.47%	0.47%	Added +210.8k	+210,792 19.5%
53	FRANCO NEV CORP COM FNV	FNV	416,544	$86.9m0.46%	0.46%	Added +1.0k	+1,020 0.2%
54	ST JOE CO COM JOE	JOE	1,341,063	$84.0m0.45%	0.45%	Added +66.1k	+66,075 5.2%
55	DICKS SPORTING GOODS INC COM DKS	DKS	351,353	$79.7m0.42%	0.42%	Reduced -205.6k	-205,560 -36.9%
56	ECOLAB INC COM ECL	ECL	276,003	$76.9m0.41%	0.41%	New
57	FORTIVE CORP COM FTV	FTV	1,215,882	$74.3m0.39%	0.39%	Reduced -497.0k	-496,971 -29.0%
58	CHEFS WHSE INC COM CHEF	CHEF	765,435	$73.6m0.39%	0.39%	Added +213.7k	+213,749 38.7%
59	LIFE TIME GROUP HOLDINGS INC COMMON STOCK LTH	LTH	1,729,280	$70.6m0.37%	0.37%	New
60	AGILENT TECHNOLOGIES INC COM A	A	515,094	$68.4m0.36%	0.36%	Added +305.8k	+305,800 146.1%
61	QXO INC COM NEW QXO	QXO	3,860,354	$66.7m0.35%	0.35%	Added +1.3m	+1,263,368 48.6%
62	ONESPAWORLD HOLDINGS LIMITED COM OSW	OSW	2,154,478	$60.8m0.32%	0.32%	Added +490.2k	+490,212 29.5%
63	CASELLA WASTE SYS INC CL A CWST	CWST	563,031	$54.6m0.29%	0.29%	Added +171.1k	+171,057 43.6%
64	DANAHER CORPORATION COM DHR	DHR	267,153	$50.9m0.27%	0.27%	Added +15.6k	+15,575 6.2%
65	ESCO TECHNOLOGIES INC COM ESE	ESE	137,044	$48.0m0.25%	0.25%	Added +89.8k	+89,789 190.0%
66	CSW INDUSTRIALS INC COM CSW	CSW	171,599	$47.8m0.25%	0.25%	Added +58.1k	+58,148 51.2%
67	FORMFACTOR INC COM FORM	FORM	285,686	$45.7m0.24%	0.24%	Added +28.3k	+28,272 11.0%
68	CDW CORP COM CDW	CDW	314,460	$44.2m0.23%	0.23%	Reduced -881.3k	-881,303 -73.7%
69	MOOG INC CL A MOG.A	MOG.A	100,313	$42.5m0.23%	0.23%	Reduced -461	-461 -0.5%
70	KIRBY CORP COM KEX	KEX	304,102	$41.3m0.22%	0.22%	Reduced -71.8k	-71,795 -19.1%
71	LINDBLAD EXPEDITIONS HLDGS I COM LIND	LIND	1,452,792	$41.0m0.22%	0.22%	Added +394.7k	+394,737 37.3%
72	UNITED STS LIME & MINERALS I COM USLM	USLM	380,570	$39.8m0.21%	0.21%	Reduced -25.1k	-25,111 -6.2%
73	WILLIAMS SONOMA INC COM WSM	WSM	161,830	$37.7m0.20%	0.20%	Reduced -71.2k	-71,233 -30.6%
74	MCCORMICK & CO INC COM NON VTG MKC	MKC	735,626	$37.1m0.20%	0.20%	New
75	POOL CORP COM POOL	POOL	159,803	$34.3m0.18%	0.18%	New
76	SOLSTICE ADVANCED MATLS INC COM SHS SOLS	SOLS	384,351	$34.1m0.18%	0.18%	New
77	CADRE HLDGS INC COM CDRE	CDRE	1,181,921	$33.7m0.18%	0.18%	Added +433.4k	+433,423 57.9%
78	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	291,826	$33.3m0.18%	0.18%	Added +56.1k	+56,112 23.8%
79	ZURN ELKAY WATER SOLNS CORP COM ZWS	ZWS	653,188	$33.0m0.17%	0.17%	Added +224.0k	+224,003 52.2%
80	FRANKLIN ELEC INC COM FELE	FELE	302,669	$32.4m0.17%	0.17%	Added +91.4k	+91,442 43.3%
81	MYR GROUP INC DEL COM MYRG	MYRG	64,563	$32.3m0.17%	0.17%	Added +13.4k	+13,401 26.2%
82	KADANT INC COM KAI	KAI	101,551	$31.9m0.17%	0.17%	Added +12.9k	+12,939 14.6%
83	FORGENT POWER SOLUTIONS INC COM SHS CL A FPS	FPS	544,263	$30.4m0.16%	0.16%	Added +175.9k	+175,936 47.8%
84	BADGER METER INC COM BMI	BMI	199,278	$29.6m0.16%	0.16%	Added +107.5k	+107,454 117.0%
85	ARCOSA INC COM ACA	ACA	201,450	$29.3m0.16%	0.16%	Added +55.1k	+55,069 37.6%
86	MIRION TECHNOLOGIES INC COM CL A MIR	MIR	1,576,023	$28.3m0.15%	0.15%	Added +520.6k	+520,555 49.3%
87	EVERUS CONSTR GROUP COM ECG	ECG	168,221	$27.9m0.15%	0.15%	Added +54.3k	+54,315 47.7%
88	LOAR HOLDINGS INC COM SHS LOAR	LOAR	339,976	$27.4m0.15%	0.15%	Added +136.3k	+136,339 67.0%
89	ADEIA INC COM ADEA	ADEA	803,196	$26.4m0.14%	0.14%	Added +289.8k	+289,771 56.4%
90	ALKAMI TECHNOLOGY INC COM ALKT	ALKT	1,450,006	$26.3m0.14%	0.14%	Added +466.1k	+466,056 47.4%
91	ALLIANCE LAUNDRY HLDGS INC COM ALH	ALH	898,085	$23.8m0.13%	0.13%	Added +331.9k	+331,900 58.6%
92	API GROUP CORP COM STK APG	APG	560,842	$23.8m0.13%	0.13%	Reduced -167.2k	-167,183 -23.0%
93	BOOT BARN HLDGS INC COM BOOT	BOOT	144,492	$23.7m0.13%	0.13%	Added +52.2k	+52,166 56.5%
94	MOODYS CORP COM MCO	MCO	52,073	$23.6m0.13%	0.13%	Added +2.5k	+2,515 5.1%
95	MSCI INC COM MSCI	MSCI	42,048	$23.5m0.12%	0.12%	Added +2.8k	+2,798 7.1%
96	OUTFRONT MEDIA INC COM NEW OUT	OUT	680,906	$22.3m0.12%	0.12%	Added +220.1k	+220,140 47.8%
97	LAMAR ADVERTISING CO NEW CL A LAMR	LAMR	140,364	$21.9m0.12%	0.12%	Reduced -331.2k	-331,215 -70.2%
98	ALARM COM HLDGS INC COM ALRM	ALRM	462,015	$21.6m0.11%	0.11%	Added +69.7k	+69,658 17.8%
99	WINMARK CORP COM WINA	WINA	50,929	$21.5m0.11%	0.11%	Added +20.5k	+20,520 67.5%
100	UNION PAC CORP COM UNP	UNP	79,100	$21.5m0.11%	0.11%	Reduced -45.3k	-45,327 -36.4%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
QUANTA SVCS INC PWR	PWR	263,823	$144.8m263.8k shares
MORNINGSTAR INC MORN	MORN	637,723	$107.8m637.7k shares
GARMIN LTD GRMN	GRMN	361,610	$83.9m361.6k shares
INTUIT INTU	INTU	140,671	$60.8m140.7k shares
BIO-TECHNE CORP TECH	TECH	709,827	$37.1m709.8k shares
CINTAS CORP CTAS	CTAS	157,461	$26.6m157.5k shares
IRIDIUM COMMUNICATIONS INC IRDM	IRDM	942,519	$26.1m942.5k shares
SERVICENOW INC NOW	NOW	225,422	$23.6m225.4k shares
WHITE MTNS INS GROUP LTD WTM	WTM	10,560	$23.2m10.6k shares
SIMPSON MFG INC SSD	SSD	122,468	$21.0m122.5k shares
MESA LABS INC MLAB	MLAB	235,885	$20.9m235.9k shares
CINCINNATI FINL CORP CINF	CINF	125,875	$19.8m125.9k shares
VERRA MOBILITY CORP VRRM	VRRM	951,159	$13.6m951.2k shares
BIO RAD LABS INC BIO	BIO	48,436	$13.5m48.4k shares
GFL ENVIRONMENTAL INC GFL	GFL	270,689	$11.3m270.7k shares
IDEXX LABS INC IDXX	IDXX	17,126	$9.6m17.1k shares
CNH INDL N V CNH	CNH	787,075	$8.7m787.1k shares
CASEYS GEN STORES INC CASY	CASY	6,956	$5.1m7.0k shares
BLACKLINE INC BL	BL	112,252	$4.2m112.3k shares
ENERGY RECOVERY INC ERII	ERII	394,208	$4.0m394.2k shares
CERTARA INC CERT	CERT	613,935	$3.5m613.9k shares
SAP SE SAP	SAP	15,393	$2.6m15.4k shares
KKR & CO INC KKR	KKR	26,588	$2.5m26.6k shares
SPS COMM INC SPSC	SPSC	41,923	$2.3m41.9k shares
CREDO TECHNOLOGY GROUP HOLDI CRDO	CRDO	19,970	$1.9m20.0k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
ISHARES TR IWM · Put	IWM	Put	1,800,000	$540.8m1.8m shares	Added
IRON MTN INC DEL IRM · Put	IRM	Put	1,737,300	$219.4m1.7m shares	Reduced
AMAZON COM INC AMZN · Call	AMZN	Call	709,300	$169.1m709.3k shares	New
BLOOM ENERGY CORP BE · Put	BE	Put	513,800	$155.5m513.8k shares	Reduced
COREWEAVE INC CRWV · Put	CRWV	Put	684,700	$68.2m684.7k shares	Reduced
ALPHABET INC GOOG · Call	GOOG	Call	170,100	$60.1m170.1k shares	Reduced
CLOUDFLARE INC NET · Call	NET	Call	176,400	$43.3m176.4k shares	Reduced
OKLO INC OKLO · Put	OKLO	Put	637,500	$33.4m637.5k shares	Reduced
FORTUNE BRANDS INNOVATIONS I FBIN · Call	FBIN	Call	599,700	$32.9m599.7k shares	Reduced
ON HLDG AG ONON · Call	ONON	Call	387,900	$13.7m387.9k shares	Reduced
BUILDERS FIRSTSOURCE INC BLDR · Call	BLDR	Call	143,900	$12.9m143.9k shares	Added
ROBLOX CORP RBLX · Put	RBLX	Put	134,300	$7.3m134.3k shares	Reduced
V F CORP VFC · Call	VFC	Call	120,300	$2.0m120.3k shares	Reduced
POLARIS INC PII · Call	PII	Call	17,200	$1.2m17.2k shares	Reduced

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
SIGNET JEWELERS LIMITED SIG · 13G · filed 2026-08-14	SIG	6.2%≈ $210.1m	-1.9 pts	13G	2026-08-14