Cantillon Capital Management LLC's Q4 2022 Portfolio Changes: Noteworthy Shifts in Holdings

In the third quarter of 2022, Cantillon Capital Management LLC held 34 stocks in their portfolio worth $10.7 billion, decreasing to 33 stocks worth $10.4 billion in the fourth quarter, a 2.9% decrease in the number of shares held and a 2.8% decrease in the value of those shares. Here are some of the noteworthy changes in holdings from Q3 to Q4:

S&P Global Inc (SPGI)

In Q3 2022, Cantillon held 2,116,093 shares of S&P Global Inc (SPGI) worth $646,149, decreasing to 2,076,852 shares worth $695,620 in Q4 2022, a 2% decrease in the number of shares held and a 7.7% increase in the value of those shares. SPGI is a financial services company that provides credit ratings, benchmarks, and analytics to investors.

Broadcom Inc (AVGO)

Cantillon held 1,021,489 shares of Broadcom Inc (AVGO) worth $453,551 in Q3 2022, decreasing to 1,000,843 shares worth $559,601 in Q4 2022, a 2% decrease in the number of shares held and a 23.4% increase in the value of those shares. AVGO is a semiconductor company that designs and develops a broad range of integrated circuits and software solutions.

Alphabet Inc (GOOGL)

Cantillon held 5,889,126 shares of Alphabet Inc (GOOGL) worth $563,295 in Q3 2022, decreasing to 5,775,976 shares worth $509,614 in Q4 2022, a 2% decrease in the number of shares held and a 9.5% decrease in the value of those shares. GOOGL is the parent company of Google and operates internet search engines, mobile operating systems, and cloud computing services.

Agilent Technologies Inc (A)

Cantillon held 3,427,840 shares of Agilent Technologies Inc (A) worth $416,654 in Q3 2022, decreasing to 3,362,101 shares worth $503,138 in Q4 2022, a 2% decrease in the number of shares held and a 20.8% increase in the value of those shares. A is a life sciences, diagnostics, and applied chemical company that develops innovative technologies for the analysis of chemicals and biological compounds.

Intercontinental Exchange Inc (ICE)

Cantillon held 3,907,633 shares of Intercontinental Exchange Inc (ICE) worth $353,055 in Q3 2022, decreasing to 3,831,834 shares worth $393,107 in Q4 2022, a 2% decrease in the number of shares held and an 11.3% increase in the value of those shares. ICE is a financial services company that operates global exchanges, trading platforms, and clearinghouses for commodity, financial, and energy markets.

BlackRock Inc (BLK)

Cantillon held 425,689 shares of BlackRock Inc (BLK) worth $234,248 in Q3 2022, increasing to 437,648 shares worth $310,130 in Q4 2022, a 2.8% increase in the number of shares held and a 32.4% increase in the value of those shares. BLK is the world's largest asset manager, providing investment and risk management services to institutions, individuals, and governments worldwide.

Equifax Inc (EFX)

Cantillon held 2,015,876 shares of Equifax Inc (EFX) worth $345,582 in Q3 2022, increasing to 1,980,018 shares worth $384,836 in Q4 2022, a 1.8% decrease in the number of shares held and an 11.4% increase in the value of those shares. EFX is a consumer credit reporting agency that provides credit histories, scores, and identity theft protection products to individuals and businesses.

Overall, Cantillon Capital Management LLC made strategic adjustments to their portfolio in Q4 2022, increasing their holdings in some companies while decreasing in others. The changes reflect the fund's assessment of market conditions and its outlook for the companies in which it invests. These changes are part of a dynamic investment process that seeks to identify and capitalize on opportunities in the global financial markets.