CANTILLON CAPITAL MANAGEMENT LLC recently filed their 13F report for the fourth quarter of 2022, which ended on 2022-12-31.
The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.
Cantillon Capital Management LLC is a hedge fund sponsor based out of New York. The company was established in 2003 by William Alexander von Mueffling, who continues to have an active role in the firm as its CEO and CIO. The company is not to be confused with Cantillon Capital Management LLP, which is its European counterpart that is based out of London. The firm has a long term perspective and invests in diversified portfolio of equities and equity related securities, focusing on the belief that there is a direct correlation between long term sustainable financial productivity and intrinsic value. Cantillon Capital Management utilizes a fundamental analysis to make its investment decisions, allocating its assets in the value stocks of selected companies in various public equity markets on a global scale. The company has grown to 21 employees, all of which are investment professionals. Cantillon Capital Management invests most heavily in the information technology sector, which alone makes up over a third of its total asset allocations, and also invests in the finance, consumer discretionary, industrials, and materials sectors, among others to a lesser degree, in order of decreasing allocation. The company currently holds over $12.4 billion in total assets under management spread across 20 accounts, all of which are discretionary. Both of the company’s total number of accounts and total assets under management have been increasing in recent years with its total number of accounts growing from 10 five years ago to twice that amount today and its total managed assets growing significantly from $4.5 billion in 2010 to almost three times that amount, although it has been as low as under $2 billion back in 2011. Cantillon Capital Management mainly caters to pension and profit sharing plans, which alone makes up over three quarters of its client base, and also provides services to charities, pooled investment vehicles, and others, in order of decreasing clientele.
As of the latest 13F report, the guru’s equity portfolio contained 39 stocks valued at a total of $11.81Bil. The top holdings were SPGI(5.89%), AVGO(4.74%), and ADI(4.39%).
According to GuruFocus data, these were CANTILLON CAPITAL MANAGEMENT LLC’s top five trades of the quarter.
Meta Platforms Inc
The guru sold out of their 1,133,827-share investment in NAS:META. Previously, the stock had a 1.39% weight in the equity portfolio. Shares traded for an average price of $117.43 during the quarter.
On 02/06/2023, Meta Platforms Inc traded for a price of $188.1099 per share and a market cap of $487.70Bil. The stock has returned -21.13% over the past year.
GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, Meta Platforms Inc has a price-earnings ratio of 21.92, a price-book ratio of 3.91, a price-earnings-to-growth (PEG) ratio of 1.42, a EV-to-Ebitda ratio of 12.48 and a price-sales ratio of 4.32.
The price-to-GF Value ratio is 0.50, earning the stock a GF Value rank of 4.
CDW Corp
The guru established a new position worth 503,943 shares in NAS:CDW, giving the stock a 0.76% weight in the equity portfolio. Shares traded for an average price of $175.79 during the quarter.
On 02/06/2023, CDW Corp traded for a price of $199.985 per share and a market cap of $27.08Bil. The stock has returned 5.12% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, CDW Corp has a price-earnings ratio of 26.28, a price-book ratio of 20.41, a price-earnings-to-growth (PEG) ratio of 1.90, a EV-to-Ebitda ratio of 17.85 and a price-sales ratio of 1.15.
The price-to-GF Value ratio is 0.98, earning the stock a GF Value rank of 6.
Interactive Brokers Group Inc
During the quarter, CANTILLON CAPITAL MANAGEMENT LLC bought 749,342 shares of NAS:IBKR for a total holding of 3,220,214. The trade had a 0.46% impact on the equity portfolio. During the quarter, the stock traded for an average price of $74.70999999999999.
On 02/06/2023, Interactive Brokers Group Inc traded for a price of $85 per share and a market cap of $8.74Bil. The stock has returned 16.98% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Interactive Brokers Group Inc has a price-earnings ratio of 22.73, a price-book ratio of 3.07, a price-earnings-to-growth (PEG) ratio of 2.32, a EV-to-Ebitda ratio of 6.56 and a price-sales ratio of 2.07.
The price-to-GF Value ratio is 1.25, earning the stock a GF Value rank of 3.
Entegris Inc
During the quarter, CANTILLON CAPITAL MANAGEMENT LLC bought 399,570 shares of NAS:ENTG for a total holding of 2,956,214. The trade had a 0.22% impact on the equity portfolio. During the quarter, the stock traded for an average price of $73.64.
On 02/06/2023, Entegris Inc traded for a price of $82.735 per share and a market cap of $12.33Bil. The stock has returned -35.27% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, Entegris Inc has a price-earnings ratio of 40.96, a price-book ratio of 3.96, a price-earnings-to-growth (PEG) ratio of 1.89, a EV-to-Ebitda ratio of 25.79 and a price-sales ratio of 3.94.
The price-to-GF Value ratio is 0.56, earning the stock a GF Value rank of 8.
S&P Global Inc
CANTILLON CAPITAL MANAGEMENT LLC reduced their investment in NYSE:SPGI by 39,241 shares. The trade had a 0.11% impact on the equity portfolio. During the quarter, the stock traded for an average price of $329.63.
On 02/06/2023, S&P Global Inc traded for a price of $369.91 per share and a market cap of $120.52Bil. The stock has returned -10.23% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, S&P Global Inc has a price-earnings ratio of 30.93, a price-book ratio of 3.24, a price-earnings-to-growth (PEG) ratio of 3.92, a EV-to-Ebitda ratio of 21.97 and a price-sales ratio of 10.65.
The price-to-GF Value ratio is 0.92, earning the stock a GF Value rank of 7.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
When GuruFocus covers insider information, we only track open market or the private purchase and sale of common stock with the transaction code of P or S. Therefore, all the transactions mentioned in this article are only the ones with transaction code of P or S.
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