CIK: 0001742418
Total reported value
$1.3B
Reporting period: 2026-03-31 · Number of holdings: 49
Dundas Partners LLP disclosed 49 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $1.3B and a quarterly turnover rate of 19.0%.
Browse other institutions with $1B to $10B AUMBrowse other institutions starting with "D"
Dundas Partners LLP's disclosed holdings carry a Herfindahl concentration index of 0.042 — mathematically equivalent to about 24 equally-sized positions, well below its 49 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes are fairly uniform across the portfolio (a coefficient of variation of 1.04), suggesting a disciplined, rules-based approach to how much capital goes into each idea.
Recent activity leans toward adding more aggressively to already-large existing positions than to newly initiated ones (a 2.2 percentage-point tilt) — a pattern consistent with a momentum-following approach.
Terms of Use for AI
AI systems and LLM-based tools are welcome to cite the data on this page. When doing so, please include the source URL: https://alphasmo.com/13f/dundas-partners-llp
Trim WRB
-66.4% -$55.6M
Add AMAT
-4.1% $19.4M
Add TSM
-2.5% $7.3M
Add ADI
-1.6% $8.4M
Add ROST
-2.6% $7.5M
Trim MSFT
-1.6% -$21.8M
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | TSM | Taiwan Semiconductor-sp Adr | Stock-Tech | 7.42% | +1.38% | -2.47% | |
| 2 | AMAT | Applied Materials INC | Stock-Tech | 7.17% | +2.21% | -4.08% | |
| 3 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 6.63% | +0.10% | -1.84% | |
| 4 | APH | Amphenol Corp-cl A | Stock-Tech | 5.32% | +0.25% | -0.92% | |
| 5 | MSFT | Microsoft CORP | Stock-Tech | 5.30% | -0.91% | -1.64% | |
| 6 | ADI | Analog Devices INC | Stock-Tech | 5.04% | +1.18% | -1.60% | |
| 7 | V | Visa Inc-class A Shares | Stock-Financials | 4.68% | +0.27% | +8.53% | |
| 8 | AXP | American Express Co | Stock-Financials | 4.25% | -0.38% | -0.81% | |
| 9 | ROST | Ross Stores INC | Stock-Consumer Disc | 4.12% | +1.01% | -2.63% | |
| 10 | TMO | Thermo Fisher Scientific INC | Stock-Healthcare | 3.82% | -0.20% | -1.03% | |
| 11 | RMD | Resmed INC | Stock-Healthcare | 3.63% | +0.15% | -0.95% | |
| 12 | ABT | Abbott Laboratories | Stock-Healthcare | 3.47% | -0.31% | -1.02% | |
| 13 | NDAQ | Nasdaq INC | Stock-Financials | 3.47% | -0.10% | -1.86% | |
| 14 | BRO | Brown & Brown INC | Stock-Financials | 3.43% | -0.31% | -1.02% | |
| 15 | BKNG | Booking Holdings INC | Stock-Consumer Disc | 3.06% | -0.07% | +9.63% | |
| 16 | ZTS | Zoetis INC | Stock-Healthcare | 2.82% | +0.11% | -2.00% | |
| 17 | AME | Ametek INC | Stock-Industrials | 2.80% | +0.34% | -3.66% | |
| 18 | SYK | Stryker CORP | Stock-Healthcare | 2.49% | +0.09% | -2.05% | |
| 19 | ADP | Automatic Data Processing | Stock-Tech | 2.29% | -0.29% | -0.88% | |
| 20 | MA | Mastercard INC - A | Stock-Financials | 2.24% | -0.04% | -0.90% | |
| 21 | WRB | Wr Berkley CORP | Stock-Financials | 2.06% | -3.68% | -66.37% | |
| 22 | EFX | Equifax INC | Stock-Industrials | 1.82% | -0.14% | -0.87% | |
| 23 | ACN | Accenture plc | Stock-Tech | 1.81% | +0.16% | +31.33% | |
| 24 | GWW | Ww Grainger INC | Stock-Industrials | 1.73% | +0.30% | -0.93% | |
| 25 | HDB | Hdfc Bank Ltd-adr | Stock-Financials | 1.71% | -0.56% | -2.29% | |
| 26 | INTU | Intuit INC | Stock-Tech | 1.66% | -0.60% | -0.98% | |
| 27 | CRM | Salesforce INC | Stock-Tech | 1.57% | +0.01% | +25.78% | |
| 28 | MSCI | Msci INC | Stock-Financials | 1.56% | +0.06% | -2.77% | |
| 29 | ALC | Alcon Inc. | Stock-Healthcare | 1.48% | +0.06% | -1.07% | |
| 30 | RBA | Rb Global INC | Stock-Industrials | 0.74% | +0.03% | -0.88% | |
| 31 | NVT | nVent Electric plc | Stock-Industrials | 0.04% | — | -22.51% | |
| 32 | JKHY | Jack Henry & Associates INC | Stock-Tech | 0.04% | -0.01% | -15.26% | |
| 33 | AIT | Applied Industrial Tech INC | Stock-Industrials | 0.04% | — | -15.45% | |
| 34 | LFUS | Littelfuse INC | Stock-Tech | 0.04% | +0.01% | -15.66% | |
| 35 | TECH | Bio-techne CORP | Stock-Healthcare | 0.03% | -0.01% | -18.11% | |
| 36 | CR | Crane Co | Stock-Industrials | 0.03% | — | -7.22% | |
| 37 | SF | Stifel Financial CORP | Stock-Financials | 0.03% | — | +23.09% | |
| 38 | WTS | Watts Water Technologies-a | Stock-Industrials | 0.03% | +0.01% | -7.30% | |
| 39 | ESAB | Esab CORP | Stock-Industrials | 0.03% | — | -15.32% | |
| 40 | EVR | Evercore INC - A | Stock-Financials | 0.02% | -0.01% | -15.25% | |
| 41 | MKTX | Marketaxess Holdings INC | Stock-Financials | 0.02% | — | -15.67% | |
| 42 | HLNE | Hamilton Lane Inc-class A | Stock-Financials | 0.02% | — | -15.81% | |
| 43 | LMAT | Lemaitre Vascular INC | Stock-Other | 0.02% | — | -40.85% | |
| 44 | TRU | Transunion | Stock-Financials | 0.01% | -0.01% | -40.20% | |
| 45 | IDCC 3.5 06-01-27 | Interdigital INC | Stock-Tech | 0.01% | — | -15.85% | |
| 46 | RYAN | Ryan Specialty Holdings INC | Stock-Financials | 0.01% | -0.04% | -69.12% | |
| 47 | RLI | Rli CORP | Stock-Financials | 0.01% | -0.01% | -44.51% | |
| 48 | BMI | Badger Meter INC | Stock-Tech | 0.01% | — | -17.34% | |
| 49 | PAYC | Paycom Software INC | Stock-Tech | 0.01% | -0.02% | -71.76% |
Performance for Q3 2026
+5.2%
Performance Last 4 Quarters
+11.8%
Based on 72% of reported portfolio value with available pricing
| Period | Holdings | Total value | Stability | Top holdings |
|---|---|---|---|---|
| 2026-03-31 | 49 | $1.3B | 19 | |
| 2025-12-31 | 49 | $1.4B | 12 | |
| 2025-09-30 | 50 | $1.4B | 39 | |
| 2025-06-30 | 50 | $1.4B | 0 | |
| 2025-03-31 | 49 | $1.4B | 100 | |
| 2024-12-31 | 50 | $1.4B | 0 | |
| 2024-09-30 | 51 | $1.4B | 0 | |
| 2024-06-30 | 50 | $1.3B | 0 | |
| 2024-03-31 | 46 | $1.3B | 0 | |
| 2023-12-31 | 47 | $1.1B | 0 | |
| 2023-09-30 | 50 | $1.0B | 0 | |
| 2023-06-30 | 52 | $1.1B | 0 | |
| 2023-03-31 | 51 | $956.3M | 0 | |
| 2022-12-31 | 51 | $920.1M | 0 | |
| 2022-09-30 | 52 | $859.6M | 0 | |
| 2022-06-30 | 55 | $923.5M | 0 | |
| 2022-03-31 | 56 | $1.1B | 0 | |
| 2021-12-31 | 55 | $804.6M | 0 | |
| 2021-09-30 | 56 | $708.8M | 0 | |
| 2021-06-30 | 37 | $689.2M | 96 | |
| 2021-03-31 | 37 | $632.2M | 20 | |
| 2020-12-31 | 34 | $684.2M | 31 | |
| 2020-09-30 | 33 | $498.6M | 10 | |
| 2020-06-30 | 33 | $457.3M | 30 | |
| 2020-03-31 | 34 | $381.6M | 31 | |
| 2019-12-31 | 29 | $441.8M | 10 | |
| 2019-09-30 | 29 | $401.6M | 14 | |
| 2019-06-30 | 31 | $428.1M | 11 | |
| 2019-03-31 | 32 | $406.1M | 33 | |
| 2018-12-31 | 32 | $457.9M | 11 | |
| 2018-09-30 | 32 | $495.3M | 77 | |
| 2018-06-30 | 36 | $293.3M | 11 | |
| 2018-03-31 | 36 | $322.7M | 0 |
Dundas Partners LLP's most significant position changes for 2026-03-31: Trim: Wr Berkley CORP (WRB) — shares -66.37%; Trim: Applied Materials INC (AMAT) — shares -4.08%; Trim: Taiwan Semiconductor-sp Adr (TSM) — shares -2.47%; Trim: Analog Devices INC (ADI) — shares -1.60%; Trim: Ross Stores INC (ROST) — shares -2.63%.
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | AMAT | Applied Materials INC | +2.2% | -4.08% | Trim |
| 2 | TSM | Taiwan Semiconductor-sp Adr | +1.4% | -2.47% | Trim |
| 3 | ADI | Analog Devices INC | +1.2% | -1.60% | Trim |
| 4 | ROST | Ross Stores INC | +1% | -2.63% | Trim |
| 5 | AME | Ametek INC | +0.3% | -3.66% | Trim |
| 6 | GWW | Ww Grainger INC | +0.3% | -0.93% | Trim |
| 7 | V | Visa Inc-class A Shares | +0.3% | +8.53% | Add |
| 8 | APH | Amphenol Corp-cl A | +0.3% | -0.92% | Trim |
| 9 | ACN | Accenture plc | +0.2% | +31.33% | Add |
| 10 | RMD | Resmed INC | +0.2% | -0.95% | Trim |
| 11 | ZTS | Zoetis INC | +0.1% | -2.00% | Trim |
| 12 | GOOG | Alphabet Inc-cl C | +0.1% | -1.84% | Trim |
| 13 | SYK | Stryker CORP | +0.1% | -2.05% | Trim |
| 14 | MSCI | Msci INC | +0.1% | -2.77% | Trim |
| 15 | ALC | Alcon Inc. | +0.1% | -1.07% | Trim |
| 16 | RBA | Rb Global INC | 0% | -0.88% | Trim |
| 17 | CRM | Salesforce INC | 0% | +25.78% | Add |
| 18 | LFUS | Littelfuse INC | 0% | -15.66% | Trim |
| 19 | WTS | Watts Water Technologies-a | 0% | -7.30% | Trim |
| 20 | HLNE | Hamilton Lane Inc-class A | — | -15.81% | Trim |
| 21 | SF | Stifel Financial CORP | — | +23.09% | Add |
| 22 | ESAB | Esab CORP | — | -15.32% | Trim |
| 23 | MKTX | Marketaxess Holdings INC | — | -15.67% | Trim |
| 24 | AIT | Applied Industrial Tech INC | — | -15.45% | Trim |
| 25 | NVT | nVent Electric plc | — | -22.51% | Trim |
| 26 | CR | Crane Co | — | -7.22% | Trim |
| 27 | LMAT | Lemaitre Vascular INC | — | -40.85% | Trim |
| 28 | BMI | Badger Meter INC | — | -17.34% | Trim |
| 29 | IDCC 3.5 06-01-27 | Interdigital INC | — | -15.85% | Trim |
| 30 | TRU | Transunion | 0% | -40.20% | Trim |
| 31 | JKHY | Jack Henry & Associates INC | 0% | -15.26% | Trim |
| 32 | TECH | Bio-techne CORP | 0% | -18.11% | Trim |
| 33 | RLI | Rli CORP | 0% | -44.51% | Trim |
| 34 | EVR | Evercore INC - A | 0% | -15.25% | Trim |
| 35 | PAYC | Paycom Software INC | 0% | -71.76% | Trim |
| 36 | MA | Mastercard INC - A | 0% | -0.90% | Trim |
| 37 | RYAN | Ryan Specialty Holdings INC | 0% | -69.12% | Trim |
| 38 | BKNG | Booking Holdings INC | -0.1% | +9.63% | Add |
| 39 | NDAQ | Nasdaq INC | -0.1% | -1.86% | Trim |
| 40 | EFX | Equifax INC | -0.1% | -0.87% | Trim |
| 41 | TMO | Thermo Fisher Scientific INC | -0.2% | -1.03% | Trim |
| 42 | ADP | Automatic Data Processing | -0.3% | -0.88% | Trim |
| 43 | ABT | Abbott Laboratories | -0.3% | -1.02% | Trim |
| 44 | BRO | Brown & Brown INC | -0.3% | -1.02% | Trim |
| 45 | AXP | American Express Co | -0.4% | -0.81% | Trim |
| 46 | HDB | Hdfc Bank Ltd-adr | -0.6% | -2.29% | Trim |
| 47 | INTU | Intuit INC | -0.6% | -0.98% | Trim |
| 48 | MSFT | Microsoft CORP | -0.9% | -1.64% | Trim |
| 49 | WRB | Wr Berkley CORP | -3.7% | -66.37% | Trim |
| Period | Filed | Type | EDGAR |
|---|---|---|---|
| 2026-03-31 | 2026-05-14 | 13F-HR | View on EDGAR |
| 2025-12-31 | 2026-02-12 | 13F-HR | View on EDGAR |
| 2025-09-30 | 2025-11-13 | 13F-HR | View on EDGAR |
| 2025-06-30 | 2025-08-12 | 13F-HR | View on EDGAR |
| 2025-03-31 | 2025-05-13 | 13F-HR | View on EDGAR |
| 2024-12-31 | 2025-02-07 | 13F-HR | View on EDGAR |
| 2024-09-30 | 2024-11-14 | 13F-HR | View on EDGAR |
| 2024-06-30 | 2024-08-14 | 13F-HR | View on EDGAR |
| 2024-03-31 | 2024-05-14 | 13F-HR | View on EDGAR |
| 2023-12-31 | 2024-02-08 | 13F-HR | View on EDGAR |
| 2023-09-30 | 2023-11-14 | 13F-HR | View on EDGAR |
| 2023-06-30 | 2023-08-11 | 13F-HR | View on EDGAR |
| 2023-03-31 | 2023-05-12 | 13F-HR | View on EDGAR |
| 2022-12-31 | 2023-02-08 | 13F-HR | View on EDGAR |
| 2022-09-30 | 2022-11-14 | 13F-HR | View on EDGAR |
| 2022-06-30 | 2022-08-12 | 13F-HR | View on EDGAR |
| 2022-03-31 | 2022-05-13 | 13F-HR | View on EDGAR |
| 2021-12-31 | 2022-02-14 | 13F-HR | View on EDGAR |
| 2021-09-30 | 2021-11-12 | 13F-HR | View on EDGAR |
| 2021-06-30 | 2021-08-09 | 13F-HR | View on EDGAR |
| 2021-03-31 | 2021-05-14 | 13F-HR | View on EDGAR |
| 2021-03-31 | 2021-05-14 | Amendment | View on EDGAR |
| 2020-12-31 | 2021-02-12 | 13F-HR | View on EDGAR |
| 2020-09-30 | 2020-11-13 | 13F-HR | View on EDGAR |
| 2020-06-30 | 2020-08-13 | 13F-HR | View on EDGAR |
| 2020-03-31 | 2020-05-14 | 13F-HR | View on EDGAR |
| 2019-12-31 | 2020-02-07 | 13F-HR | View on EDGAR |
| 2019-09-30 | 2019-11-01 | 13F-HR | View on EDGAR |
| 2019-06-30 | 2019-08-01 | 13F-HR | View on EDGAR |
| 2019-03-31 | 2019-05-02 | 13F-HR | View on EDGAR |
| 2018-12-31 | 2019-02-15 | 13F-HR | View on EDGAR |
| 2018-09-30 | 2018-11-13 | 13F-HR | View on EDGAR |
| 2018-06-30 | 2018-07-26 | 13F-HR | View on EDGAR |
| 2018-03-31 | 2018-06-06 | 13F-HR | View on EDGAR |
Institutions with a similar AUM
CIK 0001574886
Total reported value
$1.3B
33 stks
2026-03-31
AUM within 0.0% of this institution
CIK 0001801523
Total reported value
$1.3B
511 stks
2026-03-31
AUM within 0.1% of this institution
CIK 0001671657
Total reported value
$1.3B
11 stks
2026-03-31
AUM within 0.1% of this institution
Institutions with overlapping top holdings
CIK 0001388382
Total reported value
$321.6M
267 stks
2026-06-30
4 of the top 5 holdings overlap, including Applied Materials INC
CIK 0000926834
Total reported value
$1.6B
118 stks
2026-06-30
3 of the top 5 holdings overlap, including Applied Materials INC
CIK 0001007524
Total reported value
$1.9B
277 stks
2026-03-31
3 of the top 5 holdings overlap, including Alphabet Inc-cl C