1y return+8.6%S&P 500 +20.9%
3y return+38.3%S&P 500 +68.5%
5y return+44.9%S&P 500 +74.5%
10y return+160.3%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $260 against $357 in the S&P 500.2
Fiduciary Management Inc /wi/S&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| ARMKAramark | $371.0M | 5.3% | −38.4% |
| BKNGBooking Holdings Inc | $331.2M | 4.7% | −20.9% |
| NSITInsight Enterprises | $267.7M | 3.8% | +17.2% |
| SCHWCharles Schwab Corp | $211.8M | 3.0% | −33.8% |
| VVVValvoline Inc. | $202.5M | 2.9% | +6.1% |
| HAYWHayward Holdings | $202.3M | 2.9% | +33.7% |
| FERGFerguson Enterprises | $200.5M | 2.9% | −36.8% |
| CDWCDW Corp | $196.0M | 2.8% | −3.4% |
| OMFOneMain Holdings | $187.8M | 2.7% | +14.8% |
| ZIONZions Bancorporation | $179.3M | 2.6% | −7.1% |
| ATRAptarGroup Inc. | $178.3M | 2.5% | +13.7% |
| Gates IndustrialCUSIP G39104107 | $173.1M | 2.5% | New |
| CSLCarlisle Cos. Inc. | $162.5M | 2.3% | −9.3% |
| CVCOCavco Industries | $153.7M | 2.2% | −6.5% |
| MWAMueller Water Prod. | $152.4M | 2.2% | +42.0% |
| AVYAvery Dennison Corp. | $151.9M | 2.2% | −25.3% |
| PRIPrimerica Inc. | $151.8M | 2.2% | −22.8% |
| HSICHenry Schein Inc. | $151.8M | 2.2% | −7.0% |
| COFCapital One Financial | $151.2M | 2.2% | +28.7% |
| FCNFTI Consulting Inc | $142.7M | 2.0% | +16.3% |
| CARRCarrier Global | $141.1M | 2.0% | −46.1% |
| White Mountains Ins.CUSIP G9618E107 | $138.0M | 2.0% | −21.8% |
| LPXLouisiana-Pacific Corp. | $137.7M | 2.0% | +38.4% |
| UNHUnitedHealth Group | $135.5M | 1.9% | −8.9% |
| MASMasco Corp | $127.2M | 1.8% | −34.0% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| CSLCarlisle Cos. Inc. | June 30, 2020 | +203.1% | $162.5M |
| BKNGBooking Holdings Inc | June 30, 2020 | +179.8% | $331.2M |
| SCHWCharles Schwab Corp | June 30, 2020 | +173.5% | $211.8M |
| PGRProgressive Corp. | June 30, 2020 | +172.7% | $112.2M |
| PRIPrimerica Inc. | September 30, 2020 | +151.2% | $151.8M |
| NSITInsight Enterprises | June 30, 2020 | +147.6% | $267.7M |
| HLIHoulihan Lokey Inc. | June 30, 2020 | +141.1% | $125.9M |
| White Mountains Ins.CUSIP G9618E107 | June 30, 2020 | +133.5% | $138.0M |
| ZIONZions Bancorporation | June 30, 2020 | +103.5% | $179.3M |
| DCIDonaldson Co. Inc. | June 30, 2020 | +93.0% | $114.8M |
Sold off last quarter
- Gates IndustrialCUSIP G39108108 was $150.4M
- ARWArrow Electronics Inc. was $150.4M
- SYYSysco Corp. was $133.8M
- GOOGLAlphabet Inc - Cl A was $94.2M
- Coca-Cola EuropacificCUSIP G25839104 was $72.7M
- AITApplied Ind. Tech. was $54.6M
- CTSCTS Corp was $49.8M
- Weir Group PLCCUSIP G95248137 was $1.3M
- BSPAXiShares S&P 500 was $337K
- IMCDYImcd N.v. was $209K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +11.4% | +14.8% |
| March 31, 2026 | −3.1% | −4.6% |
| December 31, 2025 | −0.6% | +2.4% |
| September 30, 2025 | +1.2% | +7.8% |
| June 30, 2025 | +6.3% | +10.5% |
| March 31, 2025 | −0.7% | −4.6% |
| December 31, 2024 | −3.2% | +2.1% |
| September 30, 2024 | +5.5% | +5.4% |
| June 30, 2024 | −2.2% | +4.0% |
| March 31, 2024 | +9.3% | +10.0% |
| December 31, 2023 | +12.5% | +11.2% |
| September 30, 2023 | −1.7% | −3.6% |
| June 30, 2023 | +5.2% | +8.3% |
| March 31, 2023 | +4.8% | +7.0% |
| December 31, 2022 | +12.8% | +7.1% |
| September 30, 2022 | −5.2% | −5.3% |
| June 30, 2022 | −13.1% | −16.5% |
| March 31, 2022 | −5.0% | −4.9% |
| December 31, 2021 | +10.0% | +10.7% |
| September 30, 2021 | −2.1% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Fiduciary Management Inc /wi/ Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=764532&type=13F-HR&dateb=&owner=include&count=40CIK 764532
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/764532/000076453226000007/Filed August 13, 2026 · accession 0000764532-26-000007