SEC 13F Intelligence

Managers / Q4 2025 · view latest →

Dundas Partners LLP

CIK 0001742418 · 41 NORTHUMBERLAND STREET, EDINBURGH, X0, EH3 6JA · 00441315562627

Reported Value
$1.4B
Q4 2025
Positions
49
Filings on Record
31
2019–present window
Filed
Feb 12, 2026
original filing

Summary

Dundas Partners LLP reported $1.4B in U.S.-listed holdings across 49 positions for Q4 2025.

Its largest position, GOOG, represents 6.5% of the portfolio.

Compared with Q3 2025, the fund opened 0 new positions and exited 1.

Portfolio Metrics

Turnover
+5.6%
vs prior filed quarter
Top-10 Concentration
+51.5%
share of reported value
Largest Position
+6.5%
Alphabet

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: $458MQ4 ’18Q1 ’19: $406MQ2 ’19: $428MQ3 ’19: $402MQ4 ’19: $442MQ4 ’19Q1 ’20: $382MQ2 ’20: $457MQ3 ’20: $499MQ4 ’20: $684MQ4 ’20Q1 ’21: $630MQ2 ’21: $689MQ3 ’21: $709MQ4 ’21: $805MQ4 ’21Q1 ’22: $1.1BQ2 ’22: $924MQ3 ’22: $860MQ1 ’23: $956,311Q1 ’23Q2 ’23: $1MQ3 ’23: $1MQ4 ’23: $1MQ1 ’24: $1MQ1 ’24Q2 ’24: $1MQ4 ’24: $1.4BQ1 ’25: $1.4BQ2 ’25: $1.4BQ2 ’25Q3 ’25: $1.4BQ4 ’25: $1.4BQ1 ’26: $1.3Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 88.6%ADR: 8.3%Other: 3.1%US DOMESTIC: 0.0%
  • Common Stock · 88.6% · $1.3B
  • ADR · 8.3% · $118M
  • Other · 3.1% · $44M
  • US DOMESTIC · 0.0% · $182,750

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GGGGRACO INCSOLD OUT−1.8K0−$156,496$0
NVENT ELECTRIC PLCADDED+2.9K6.2K+$303,885$627,523
LFUSLITTELFUSE INCADDED+6771.6K+$165,667$402,143
INTERDIGITAL INCTRIMMED−1.1K574−$388,260$182,750
WTSWATTS WATER TECHNOLOGIES INCTRIMMED−1.0K1.2K−$293,633$340,333
ACCENTURE PLC CL ATRIMMED−58.7K87.1K−$13M$23M
ALCON AGTRIMMED−139.4K252.4K−$9M$20M
CRCRANE COMPANYADDED+5502.3K+$101,940$421,607

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

Holdings — Q4 2025

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GOOGALPHABET INC CL Chistory →CAP STK CL C6.53%$93M295.3K
2MSFTMICROSOFT CORPhistory →COM6.21%$88M182.5K
3TSMTAIWAN SEMICONDUCTOR SP ADRhistory →SPONSORED ADR6.04%$86M282.2K
4WRBWR BERKLEY CORPhistory →COM5.73%$81M1.16M
5APHAMPHENOL CORP NEWhistory →CL A5.07%$72M532.8K
6AMATAPPLIED MATERIALS INChistory →COM4.96%$70M274.1K
7AXPAMERICAN EXPRESS COhistory →COM4.63%$66M177.6K
8VVISA INC CLASS A SHAREShistory →COM CL A4.41%$63M178.7K
9TMOTHERMO FISHER SCIENTIFIC INChistory →COM4.02%$57M98.4K
10ADIANALOG DEVICES INChistory →COM3.86%$55M201.9K
11ABTABBOTT LABORATORIEShistory →COM3.78%$54M428.3K
12BROBROWN & BROWN INChistory →COM3.74%$53M666.8K
13NDAQNASDAQ INChistory →COM3.57%$51M521.7K
14RMERESMED INChistory →COM3.48%$49M205.0K
15BKNGBOOKING HOLDINGS INChistory →COM3.13%$44M8.3K
16ROSTROSS STORES INChistory →COM3.11%$44M245.2K
17ZTSZOETIS INChistory →CL A2.71%$38M305.4K
18ADPAUTOMATIC DATA PROCESSING INChistory →COM2.58%$37M142.5K
19AMEAMETEK INChistory →COM2.46%$35M170.1K
20SYKSTRYKER CORPhistory →COM2.40%$34M97.0K
21MAMASTERCARD INCORPORATEDhistory →CL A2.28%$32M56.6K
22HDBHDFC BANK LTD ADRhistory →SPONSORED ADR2.27%$32M883.7K
23INTUINTUIThistory →COM2.26%$32M48.6K
24EFXEQUIFAX INChistory →COM1.96%$28M128.0K
25ACCENTURE PLC CL ASHS CLASS A1.65%$23M87.1K
26CRMSALESFORCE INChistory →COM1.56%$22M83.8K
27MSCIMSCI INChistory →COM1.50%$21M37.2K
28GWWWW GRAINGER INChistory →COM1.43%$20M20.1K
29ALCON AGORD SHS1.42%$20M252.4K
30RBARB GLOBAL INChistory →COM0.71%$10M97.3K
31JKHYHENRY JACK & ASSOC INCCOM0.05%$655,2863.6K
32RYANRYAN SPECIALTY HOLDINGS INCCL A0.05%$651,46712.6K
33NVENT ELECTRIC PLCSHS0.04%$627,5236.2K
34TECHBIO-TECHNE CORPCOM0.04%$584,3369.9K
35AITAPPLIED INDL TECHNOLOGIES INCOM0.04%$541,7852.1K
36SFSTIFEL FINL CORPCOM0.03%$475,7113.8K
37PAYCPAYCOM SOFTWARE INCCOM0.03%$449,2362.8K
38ESABESAB CORPORATIONCOM0.03%$434,5913.9K
39CRCRANE COMPANYCOMMON STOCK0.03%$421,6072.3K
40LFUSLITTELFUSE INCCOM0.03%$402,1431.6K
41EVREVERCORE INCCLASS A0.03%$363,7271.1K
42TRUTRANSUNIONCOM0.02%$353,4624.1K
43HLNEHAMILTON LANE INCCL A0.02%$345,7142.6K
44MKTXMARKETAXESS HLDGS INCCOM0.02%$344,7381.9K
45WTSWATTS WATER TECHNOLOGIES INCCL A0.02%$340,3331.2K
46LMATLEMAITRE VASCULAR INCCOM0.02%$263,2513.2K
47RLIRLI CORPCOM0.02%$249,5223.9K
48INTERDIGITAL INCCOM0.01%$182,750574
49BMIBADGER METER INCCOM0.01%$134,819773

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.3B49May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.4B49Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.4B50Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.4B50Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.4B49May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.4B50Feb 7, 202513F-HRchanges · EDGAR ↗
Q3 2024under review51Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$1M50Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$1M46May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$1M47Feb 8, 202413F-HRchanges · EDGAR ↗
Q3 2023$1M50Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$1M52Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$956,31151May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022under review51Feb 8, 202313F-HRchanges · EDGAR ↗
Q3 2022$860M52Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$924M55Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.1B56May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$805M55Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$709M56Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$689M37Aug 9, 202113F-HRchanges · EDGAR ↗
Q1 2021$630M37May 14, 2021RESTATEMENTchanges · EDGAR ↗
Q4 2020$684M34Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$499M33Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$457M33Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$382M34May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$442M29Feb 7, 202013F-HRchanges · EDGAR ↗
Q3 2019$402M29Nov 1, 201913F-HRchanges · EDGAR ↗
Q2 2019$428M31Aug 1, 201913F-HRchanges · EDGAR ↗
Q1 2019$406M32May 2, 201913F-HRchanges · EDGAR ↗
Q4 2018$458M32Feb 15, 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 ↗.