FIDUCIARY MANAGEMENT INC /WI/ portfolio
Managed by . 62 reported positions worth $8.1B as of 2026-03-31, filed with the SEC on 2026-05-14. Parsed from the filing itself, not a reseller.
Every position on this page is a snapshot of 2026-03-31. It was already 44 days old on 2026-05-14, the day it first became public. Today it is 134 days old.
That lag is the law, not a service level — Rule 13f-1 gives managers 45 days after quarter end to file, and no product can shorten it. A fund can have sold every share below before you read this sentence. Treat it as a record of what happened, never as a position you can follow.
Positions opened and closed
Against its 2025-12-31 filing. This is the part worth reading — the holdings table below is mostly years old.
| Ticker | Issuer | Value | Shares | % of book |
|---|---|---|---|---|
| FCN | FTI Consulting Inc | $145.6M | 823,713 | 1.81% |
| PNC | PNC Financial Services | $132.4M | 636,078 | 1.64% |
| SUNB | Sunbelt Rentals | $125.1M | 1,921,250 | 1.55% |
| IMCDY | IMCD N.V. | $209,064 | 4,002 | 0.00% |
| Ticker | Issuer | Was worth | Shares | % of book |
|---|---|---|---|---|
| PLXS | Plexus Corp | $189.7M | 1,290,446 | 0.00% |
| SLB | SLB | $162.3M | 4,227,636 | 0.00% |
| CSX | CSX Corp | $145.6M | 4,016,503 | 0.00% |
| SONY | Sony Group Corp. | $143.3M | 5,597,452 | 0.00% |
| ICLR | Icon Plc | $87.6M | 480,996 | 0.00% |
| IJR | iShares S&P 600 | $7.3M | 60,880 | 0.00% |
| IVV | iShares S&P 500 | $2.2M | 3,246 | 0.00% |
| ASHGY | Ashtead Group PLC | $1.9M | 26,208 | 0.00% |
| RXEEY | Rexel | $264,090 | 6,737 | 0.00% |
| Ticker | Issuer | Value | Shares | % of book | Shares Δ |
|---|---|---|---|---|---|
| BKNG | Booking Holdings Inc | $395.4M | 93,911 | 4.91% | +28% |
| BDX | Becton Dickinson | $194.9M | 1,239,752 | 2.42% | +12% |
| ACN | Accenture PLC | $190.8M | 962,367 | 2.37% | +35% |
| CDW | CDW Corp | $174.7M | 1,443,309 | 2.17% | +41% |
| PRI | Primerica Inc. | $173.3M | 692,022 | 2.15% | +13% |
| ALLE | Allegion PLC | $150.1M | 1,033,019 | 1.86% | +2% |
| ACGL | Arch Capital Group | $140.3M | 1,461,096 | 1.74% | +31% |
| CVCO | Cavco Industries | $129.6M | 267,514 | 1.61% | +37% |
| NSIT | Insight Enterprises | $125.7M | 1,875,277 | 1.56% | +42% |
| HLI | Houlihan Lokey Inc. | $115.4M | 803,572 | 1.43% | +15% |
| HURN | Huron Consulting | $115.2M | 903,400 | 1.43% | +72% |
| PGR | Progressive Corp. | $114.9M | 579,706 | 1.43% | +42% |
| MWA | Mueller Water Prod. | $114.3M | 4,156,199 | 1.42% | +31% |
| LPX | Louisiana-Pacific Corp. | $92.1M | 1,265,398 | 1.14% | +15% |
| SDXAY | Sodexo | $1.8M | 170,072 | 0.02% | +22% |
| Ticker | Issuer | Value | Shares | % of book | Shares Δ |
|---|---|---|---|---|---|
| GOOGL | Alphabet Inc - Cl A | $94.2M | 327,682 | 1.17% | -59% |
| WEIGF | Weir Group PLC | $1.3M | 34,009 | 0.02% | -44% |
| DCI | Donaldson Co. Inc. | $121.1M | 1,426,427 | 1.50% | -39% |
| ARW | Arrow Electronics Inc. | $150.4M | 1,048,441 | 1.87% | -35% |
| DGX | Quest Diagnostics | $141.3M | 720,986 | 1.75% | -31% |
| PHG | Koninklijke Philips NV | $136.4M | 4,976,913 | 1.69% | -24% |
| CCEP | Coca-Cola Europacific | $72.7M | 802,103 | 0.90% | -21% |
| HSIC | Henry Schein Inc. | $144.0M | 1,954,083 | 1.79% | -15% |
| BRK/B | Berkshire Hath. Cl B | $146.0M | 304,648 | 1.81% | -12% |
| SYY | Sysco Corp. | $133.8M | 1,876,385 | 1.66% | -11% |
| COF | Capital One Financial | $106.9M | 585,777 | 1.33% | -11% |
| UL | Unilever PLC ADR | $130.7M | 2,294,923 | 1.62% | -11% |
| AVY | Avery Dennison Corp. | $216.3M | 1,252,529 | 2.68% | -11% |
| SCHW | Charles Schwab Corp | $325.7M | 3,465,521 | 4.04% | -11% |
| CARR | Carrier Global | $200.9M | 3,567,389 | 2.49% | -10% |
All reported holdings
| Ticker | Issuer | Value | Shares | % of book | Shares Δ |
|---|---|---|---|---|---|
| ARMK | Aramark | $429.2M | 10,587,895 | 5.33% | — |
| BKNG | Booking Holdings Inc | $395.4M | 93,911 | 4.91% | — |
| SCHW | Charles Schwab Corp | $325.7M | 3,465,521 | 4.04% | — |
| FERG | Ferguson Enterprises | $311.9M | 1,337,332 | 3.87% | — |
| AVY | Avery Dennison Corp. | $216.3M | 1,252,529 | 2.68% | — |
| CARR | Carrier Global | $200.9M | 3,567,389 | 2.49% | — |
| BDX | Becton Dickinson | $194.9M | 1,239,752 | 2.42% | — |
| ACN | Accenture PLC | $190.8M | 962,367 | 2.37% | — |
| WTM | White Mountains Ins. | $186.9M | 85,066 | 2.32% | — |
| CDW | CDW Corp | $174.7M | 1,443,309 | 2.17% | — |
| PRI | Primerica Inc. | $173.3M | 692,022 | 2.15% | — |
| FCFS | FirstCash Inc. | $171.5M | 912,051 | 2.13% | — |
| CSL | Carlisle Cos. Inc. | $164.7M | 493,744 | 2.04% | — |
| VVV | Valvoline Inc. | $162.6M | 4,828,931 | 2.02% | — |
| ZION | Zions Bancorporation | $160.6M | 2,787,957 | 1.99% | — |
| ATR | AptarGroup Inc. | $157.8M | 1,252,338 | 1.96% | — |
| Gates Industrial | Gates Industrial | $150.4M | 6,654,116 | 1.87% | — |
| ARW | Arrow Electronics Inc. | $150.4M | 1,048,441 | 1.87% | — |
| ALLE | Allegion PLC | $150.1M | 1,033,019 | 1.86% | — |
| BRK/B | Berkshire Hath. Cl B | $146.0M | 304,648 | 1.81% | — |
| FCN | FTI Consulting Inc | $145.6M | 823,713 | 1.81% | — |
| HSIC | Henry Schein Inc. | $144.0M | 1,954,083 | 1.79% | — |
| OMF | OneMain Holdings | $143.5M | 2,683,426 | 1.78% | — |
| MAS | Masco Corp | $143.0M | 2,368,825 | 1.77% | — |
| DGX | Quest Diagnostics | $141.3M | 720,986 | 1.75% | — |
| ACGL | Arch Capital Group | $140.3M | 1,461,096 | 1.74% | — |
| PHG | Koninklijke Philips NV | $136.4M | 4,976,913 | 1.69% | — |
| SYY | Sysco Corp. | $133.8M | 1,876,385 | 1.66% | — |
| PNC | PNC Financial Services | $132.4M | 636,078 | 1.64% | — |
| UL | Unilever PLC ADR | $130.7M | 2,294,923 | 1.62% | — |
| CVCO | Cavco Industries | $129.6M | 267,514 | 1.61% | — |
| NSIT | Insight Enterprises | $125.7M | 1,875,277 | 1.56% | — |
| SUNB | Sunbelt Rentals | $125.1M | 1,921,250 | 1.55% | — |
| CNM | Core & Main | $122.6M | 2,482,510 | 1.52% | — |
| DCI | Donaldson Co. Inc. | $121.1M | 1,426,427 | 1.50% | — |
| HAYW | Hayward Holdings | $116.9M | 8,738,960 | 1.45% | — |
| DLTR | Dollar Tree | $116.9M | 1,067,313 | 1.45% | — |
| HLI | Houlihan Lokey Inc. | $115.4M | 803,572 | 1.43% | — |
| HURN | Huron Consulting | $115.2M | 903,400 | 1.43% | — |
| PGR | Progressive Corp. | $114.9M | 579,706 | 1.43% | — |
| MWA | Mueller Water Prod. | $114.3M | 4,156,199 | 1.42% | — |
| MSA | MSA Safety | $111.3M | 678,986 | 1.38% | — |
| COF | Capital One Financial | $106.9M | 585,777 | 1.33% | — |
| FMS | Fresenius Med. Care | $100.7M | 4,462,106 | 1.25% | — |
| UNH | UnitedHealth Group | $96.9M | 357,951 | 1.20% | — |
| GOOGL | Alphabet Inc - Cl A | $94.2M | 327,682 | 1.17% | — |
| LPX | Louisiana-Pacific Corp. | $92.1M | 1,265,398 | 1.14% | — |
| RYAAY | Ryanair Holdings | $83.3M | 1,441,982 | 1.03% | — |
| FBIN | Fortune Brands Innov. | $80.8M | 2,072,259 | 1.00% | — |
| SSD | Simpson Mfg. Co. | $74.5M | 434,209 | 0.92% | — |
| CCEP | Coca-Cola Europacific | $72.7M | 802,103 | 0.90% | — |
| BJ | BJ's Wholesale Club | $67.9M | 689,400 | 0.84% | — |
| AIT | Applied Ind. Tech. | $54.6M | 205,928 | 0.68% | — |
| CTS | CTS Corp | $49.8M | 1,042,452 | 0.62% | — |
| RHI | Robert Half Inc. | $43.4M | 1,708,488 | 0.54% | — |
| SDXAY | Sodexo | $1.8M | 170,072 | 0.02% | — |
| IFJPY | Informa PLC | $1.5M | 72,000 | 0.02% | — |
| WEIGF | Weir Group PLC | $1.3M | 34,009 | 0.02% | — |
| BSPAX | iShares S&P 500 | $336,554 | 443 | 0.00% | — |
| IMCDY | IMCD N.V. | $209,064 | 4,002 | 0.00% | — |
| EDNMY | Edenred | $138,429 | 14,271 | 0.00% | — |
| BMRRY | B&M European Value | $106,444 | 12,165 | 0.00% | — |
Rows are aggregated by CUSIP — a manager files the same security multiple times when different internal desks hold it. Tickers link to our own backtest of that asset where we cover it.
This page was built from one document: the 2026-03-31 Form 13F info table filed by FIDUCIARY MANAGEMENT INC /WI/ (CIK 764532, accession 0000764532-26-000003). Every other 13F site is reading the same file.
If anything here disagrees with it, the filing wins — and we would want to know. All 13F filings by this manager
A 13F is a long-only equity snapshot, and the holes in it are structural. Anyone selling you this data as "what the smart money is doing" is selling you one leg of a position:
- No short positions. None, ever. A fund shown here as bullish may be net short the same name through a book you cannot see.
- No cash, bonds, FX, commodities or non-US listings. A macro fund's entire thesis can be invisible.
- No intra-quarter round trips. Bought and sold inside the same quarter means it never appears at all.
- Options are notional, not ownership. We keep puts and calls in a separate bucket rather than adding their notional into a fund's book size, which is how a $2B fund gets reported as a $20B one.
- Confidential treatment. Managers can ask the SEC to withhold a position while they build it. Those holdings are legally absent from the filing, so a "new" position may be months old.
Tested and published by IndicatorEdge · backtest grid generated 2026-06-25 · base rates recomputed 2026-07-31 · how we test
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