SEC 13F Intelligence

Managers / Q3 2025 · view latest →

CORTLAND ASSOCIATES INC/MO

CIK 0001014315 · 8000 MARYLAND AVE, SUITE 730, ST LOUIS, MO, 63105 · 3147266164

Reported Value
$847M
Q3 2025
Positions
64
Filings on Record
31
2019–present window
Filed
Oct 23, 2025
original filing

Summary

Cortland Associates Inc/Mo reported $847M in U.S.-listed holdings across 64 positions for Q3 2025.

Its largest position, Willis Towers Watson, represents 7.8% of the portfolio.

Compared with Q2 2025, the fund opened 6 new positions and exited 1.

Portfolio Metrics

Turnover
+7.2%
vs prior filed quarter
Top-10 Concentration
+59.2%
share of reported value
Largest Position
+7.8%
Willis Towers Watson
New / Exited
6 / 1
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $551MQ4 ’18Q1 ’19: $619MQ2 ’19: $632MQ3 ’19: $565MQ4 ’19: $707MQ4 ’19Q1 ’20: $533MQ2 ’20: $678MQ3 ’20: $745MQ4 ’20: $830MQ4 ’20Q1 ’21: $877MQ2 ’21: $956MQ3 ’21: $908MQ4 ’21: $962MQ4 ’21Q1 ’22: $785MQ2 ’22: $605MQ3 ’22: $562MQ4 ’22: $604MQ4 ’22Q1 ’23: $628MQ2 ’23: $620MQ3 ’23: $638MQ4 ’23: $683MQ4 ’23Q1 ’24: $773MQ2 ’24: $791MQ3 ’24: $823MQ4 ’24: $879MQ4 ’24Q1 ’25: $833MQ2 ’25: $857MQ3 ’25: $847MQ4 ’25: $792MQ4 ’25Q1 ’26: $697Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 78.5%Other: 11.4%ADR: 9.3%ETP: 0.8%Unit: 0.0%
  • Common Stock · 78.5% · $664M
  • Other · 11.4% · $97M
  • ADR · 9.3% · $78M
  • ETP · 0.8% · $7M
  • Unit · 0.0% · $404,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
COFCAPITAL ONE FINANCIALNEW+67.7K67.7K+$14M$14M
DFUSUSDDIMENSIONAL US EQUITYNEW+6.7K6.7K+$484,000$484,000
DFUVDIMENSIONAL ETF TRUST US MKTWINEW+10.3K10.3K+$463,000$463,000
DIMENSIONAL US TARGETED VALUENEW+7.4K7.4K+$430,000$430,000
DOOBRP INC COM SUN VTGNEW+4.7K4.7K+$283,000$283,000
WMTWALMART INCNEW+2.1K2.1K+$213,000$213,000
LBLANDBRIDGE COMPANY LLC CL AADDED+260.8K412.4K+$12M$22M
I SHARES RUSL 2000ADDED+1.2K2.1K+$316,000$519,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2025

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1WILLIS TOWERS WATSONcom7.76%$66M190.1K
2KDKYNDRYL HLDGS INC COMMON STOCKhistory →com7.47%$63M2.11M
3GOOGALPHABET INC CLASS Ccom7.00%$59M243.4K
4VVISA INChistory →com6.87%$58M170.3K
5BKNGBOOKING HOLDINGS INChistory →com6.52%$55M10.2K
6AMZNAMAZON.COM INChistory →com6.11%$52M235.6K
7FCNCAFIRST CTZNS BANCSHARES CL Ahistory →com5.90%$50M27.9K
8RYAAYRYANAIR HOLDINGS PLC SPONSOREDhistory →com5.02%$43M705.9K
9FISVFISERV INChistory →com4.68%$40M307.4K
10CICIGNA GROUPhistory →com4.31%$36M126.5K
114I1PHILIP MORRIS INTL INChistory →com4.09%$35M213.5K
12DHRDANAHER CORPhistory →com4.04%$34M172.6K
13OWLBLUE OWL CAPITAL INC COM CL Ahistory →com4.02%$34M2.01M
14KKRKKR & CO LPhistory →com3.57%$30M232.9K
15LBLANDBRIDGE COMPANY LLC CL Ahistory →com2.60%$22M412.4K
16FIRST ADVANTAGE CORPcom2.43%$21M1.34M
17JDJD.COM INChistory →com2.18%$18M528.3K
18TCEHYTENCENT HLDGS LTD ADRhistory →com2.06%$17M205.3K
19CSGPCOSTAR GROUP INChistory →com1.91%$16M191.6K
20COFCAPITAL ONE FINANCIALhistory →com1.70%$14M67.7K
21TPLTEXAS PACIFIC LAND CORPhistory →com1.63%$14M14.8K
22EFXEQUIFAX INChistory →com1.43%$12M47.2K
23BRK/ABERKSHIRE HATHAWAY INC (Dhistory →com1.25%$11M14
24INTERCONTINENTAL EXCHANGEcom1.09%$9M54.7K
25AAPLAPPLE INCcom0.80%$7M26.5K
26BRK/BBERKSHIRE HATHAWAY B NEW CLASScom0.45%$4M7.6K
27IDXXIDEXX LABS INCcom0.43%$4M5.7K
28MSFTMICROSOFT CORPcom0.38%$3M6.2K
29SHWSHERWIN-WILLIAMScom0.16%$1M3.9K
30S&P 500 INDEXcom0.16%$1M2.0K
31MOALTRIA GROUP INC COMcom0.15%$1M18.9K
32CATCATERPILLAR INCcom0.14%$1M2.6K
33ISHARES TR RUSSELL 1000 RUSSELcom0.13%$1M3.0K
34ISHARES TR DJ TOTAL MKT US TOTcom0.12%$1M6.5K
35PGPROCTER & GAMBLEcom0.12%$1M6.9K
36FNVFRANCO NEV CORP COMcom0.10%$880,0003.9K
37CTT CORREIOS DE PORTUG SHScom0.09%$722,00084.9K
38MDLZMONDELEZ INTL INCcom0.08%$648,00010.4K
39I SHARES RUSL 2000com0.06%$519,0002.1K
40DFUSUSDDIMENSIONAL US EQUITYcom0.06%$484,0006.7K
41PPLPEMBINA PIPELINE CORP Fcom0.06%$483,00011.9K
42MERCK & CO INC NEWcom0.06%$479,0005.7K
43CSCOCISCO SYSTEMS INCcom0.05%$463,0006.8K
44DFUVDIMENSIONAL ETF TRUST US MKTWIcom0.05%$463,00010.3K
45DIMENSIONAL US TARGETED VALUEcom0.05%$430,0007.4K
46BNBROOKFIELD CORPcom0.05%$405,0005.9K
47RPKIFRICHARDS PACKAGINGcom0.05%$404,00016.3K
48CMICUMMINS INCcom0.05%$395,000936
49NVDANVIDIA CORPcom0.05%$387,0002.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$697M62Apr 30, 202613F-HRchanges · EDGAR ↗
Q4 2025$792M64Jan 28, 202613F-HRchanges · EDGAR ↗
Q3 2025$847M64Oct 23, 202513F-HRchanges · EDGAR ↗
Q2 2025$857M59Jul 23, 202513F-HRchanges · EDGAR ↗
Q1 2025$833M56May 1, 202513F-HRchanges · EDGAR ↗
Q4 2024$879M59Jan 23, 202513F-HRchanges · EDGAR ↗
Q3 2024$823M57Oct 29, 202413F-HRchanges · EDGAR ↗
Q2 2024$791M56Jul 29, 202413F-HRchanges · EDGAR ↗
Q1 2024$773M52Apr 22, 202413F-HRchanges · EDGAR ↗
Q4 2023$683M53Jan 30, 202413F-HRchanges · EDGAR ↗
Q3 2023$638M51Oct 27, 202313F-HRchanges · EDGAR ↗
Q2 2023$620M53Aug 3, 202313F-HRchanges · EDGAR ↗
Q1 2023$628M51Apr 20, 202313F-HRchanges · EDGAR ↗
Q4 2022$604M56Jan 27, 202313F-HRchanges · EDGAR ↗
Q3 2022$562M55Nov 14, 2022RESTATEMENTchanges · EDGAR ↗
Q2 2022$605M57Jul 22, 202213F-HRchanges · EDGAR ↗
Q1 2022$785M58May 3, 202213F-HRchanges · EDGAR ↗
Q4 2021$962M62Feb 1, 202213F-HRchanges · EDGAR ↗
Q3 2021$908M64Nov 2, 202113F-HRchanges · EDGAR ↗
Q2 2021$956M63Aug 2, 202113F-HRchanges · EDGAR ↗
Q1 2021$877M61May 4, 202113F-HRchanges · EDGAR ↗
Q4 2020$830M82Feb 2, 202113F-HRchanges · EDGAR ↗
Q3 2020$745M58Oct 21, 202013F-HRchanges · EDGAR ↗
Q2 2020$678M54Jul 23, 202013F-HRchanges · EDGAR ↗
Q1 2020$533M48Apr 30, 202013F-HRchanges · EDGAR ↗
Q4 2019$707M59Jan 31, 202013F-HRchanges · EDGAR ↗
Q3 2019$565M52Nov 7, 201913F-HRchanges · EDGAR ↗
Q2 2019$632M55Jul 25, 201913F-HRchanges · EDGAR ↗
Q1 2019$619M56Apr 26, 201913F-HRchanges · EDGAR ↗
Q4 2018$551M51Feb 1, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.