Cortland Associates Inc.
Cortland Associates Inc. reported 62 US-listed holdings worth $689.6 million in its 13F for the quarter ended 30 September 2026, filed 29 October 2026. Its largest: Visa Inc. (8.0%), Amazon.com Inc. (7.5%) and Willis Towers Watson plc (7.1%). Against the quarter before, it opened 1 position, added to 10, trimmed 29 and sold out of 1.
Reported holdings$689.6M-0.3% on Q2 2026
Positions62as many as Q2 2026
The largest ten57.7%of its reported holdings
Latest 13FQ3 2026filed 29 October 2026
Added toTrimmed
The 14 largest of its 62 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q2 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What its reported holdings returned
Held through each quarter, the holdings it reported returned +1.7% over the 8 quarters to 30 September 2026, against +32.9% for the S&P 500.
Its reported holdingsThe S&P 500
Not the fund's own return: each 13F's holdings are kept unchanged until the next one, so trades inside a quarter, dividends, cash and fees are left out. A rough guide to how its picks have done over time.
What it did on the quarter
Opened 1Added 10Held 22Trimmed 29Sold out 1
Its positions against its 13F for the quarter to 30 June 2026; a change under 0.1% of a position counts as held
Opened 1
- Opendoor Technologies Inc. OPEN$58,000
Added to 10
- Kyndryl Holdings, Inc. KD+1.5 million shares · +86%
- Brown & Brown, Inc. BRO+175,188 shares · +98%
- Amgen Inc. AMGN+100 shares · +17%
- Procter & Gamble Co. PG+220 shares · +5%
- Merck & Co., Inc. MRK+164 shares · +4%
- Altria Group, Inc. MO+131 shares · +1%
- Franco Nev Corp. FNV+10 shares · +0%
- Mondelez International, Inc. MDLZ+38 shares · +1%
and 2 more in the table below
Trimmed 29
- Landbridge Company LLC LB-204,475 shares · -53%
- Blue OWL Capital Inc. OWL-838,799 shares · -65%
- Danaher Corp. DHR-11,147 shares · -7%
- Visa Inc. V-5,026 shares · -3%
- Amazon.com Inc. AMZN-6,550 shares · -3%
- Willis Towers Watson plc WTW-5,460 shares · -3%
- Booking Holdings Inc. BKNG-8,693 shares · -3%
- Alphabet Inc. GOOG-3,673 shares · -5%
and 21 more in the table below
Sold out of 1
- BRP Inc. DOO$262,000 last quarter
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| Visa Inc. V | 153.4K | $55.1 million | 7.99% | -5.0K |
| Amazon.com Inc. AMZN | 208.5K | $51.9 million | 7.53% | -6.5K |
| Willis Towers Watson plc WTW | 169.0K | $48.7 million | 7.06% | -5.5K |
| Booking Holdings Inc. BKNG | 278.3K | $45.3 million | 6.57% | -8.7K |
| Kyndryl Holdings, Inc. KD | 3.3M | $36.9 million | 5.34% | +1.5M |
| Philip Morris International Inc. PM | 186.4K | $35.6 million | 5.16% | -5.5K |
| Ryanair Holdings PLC RYAAY | 632.4K | $34.8 million | 5.04% | -20.5K |
| Danaher Corp. DHR | 146.2K | $32.4 million | 4.70% | -11.1K |
| Cigna Group CI | 113.0K | $30.7 million | 4.45% | -3.5K |
| Alphabet Inc. GOOG | 77.0K | $26.3 million | 3.81% | -3.7K |
| Becton Dickinson & Co. BDX | 144.9K | $25.9 million | 3.76% | -4.1K |
| KKR & Co. Inc. KKR | 266.0K | $24.3 million | 3.52% | -8.3K |
| First Citizens Bancshares Inc. FCNCA | 11.1K | $22.8 million | 3.30% | -443 |
| Meta Platforms, Inc. META | 30.5K | $22.1 million | 3.21% | -1.4K |
| Brown & Brown, Inc. BRO | 353.8K | $21.5 million | 3.12% | +175.2K |
| Alphabet Inc. GOOGL | 58.6K | $20.2 million | 2.92% | -1.9K |
| Intercontinental Exchange, Inc. ICE | 116.2K | $17.7 million | 2.56% | -2.8K |
| First Advantage Corp. FA | 870.9K | $15.5 million | 2.25% | -10.3K |
| McKesson Corp. MCK | 17.5K | $15.0 million | 2.17% | -376 |
| Landbridge Company LLC LB | 179.8K | $14.6 million | 2.12% | -204.5K |
| Capital One Financial Corp. COF | 62.1K | $12.0 million | 1.74% | -1.7K |
| Airbus SE Unspons ADR (fra) EADSY | 203.5K | $10.9 million | 1.58% | -4.9K |
| Ares Management Corp. ARES | 87.6K | $10.2 million | 1.48% | -2.4K |
| Tencent Holdings Ltd TCEHY | 186.6K | $10.1 million | 1.47% | -4.2K |
| Texas Pacific Land Corp. TPL | 27.0K | $8.8 million | 1.28% | -861 |
| Apple Inc. AAPL | 20.9K | $7.0 million | 1.01% | -2.0K |
| Blue OWL Capital Inc. OWL | 442.1K | $4.0 million | 0.58% | -838.8K |
| Berkshire Hathaway Inc. Del | 5 | $3.7 million | 0.54% | no change |
| Microsoft Corp. MSFT | 6.1K | $3.1 million | 0.45% | -16 |
| IDEXX Laboratories Inc. IDXX | 5.0K | $2.6 million | 0.38% | -180 |
| Berkshire Hathaway Inc. Class B BRKB | 4.8K | $2.4 million | 0.35% | no change |
| Caterpillar Inc. CAT | 2.1K | $1.7 million | 0.25% | no change |
| iShares Core S&P 500 ETF IVV | 2.0K | $1.5 million | 0.22% | -287 |
| iShares Trust IWB | 3.0K | $1.3 million | 0.18% | no change |
| Sherwin Williams Co. SHW | 3.9K | $1.3 million | 0.18% | no change |
| iShares Trust IYY | 6.5K | $1.2 million | 0.17% | no change |
| Franco Nev Corp. FNV | 4.0K | $942,000 | 0.14% | +10 |
| Altria Group, Inc. MO | 11.1K | $746,000 | 0.11% | +131 |
| Cisco Systems, Inc. CSCO | 6.8K | $729,000 | 0.11% | no change |
| Procter & Gamble Co. PG | 4.5K | $659,000 | 0.10% | +220 |
| iShares Russell 2000 ETF IWM | 2.2K | $600,000 | 0.09% | no change |
| CTT Correios De Portug SHS | 84.9K | $591,000 | 0.09% | no change |
| Merck & Co., Inc. MRK | 3.9K | $563,000 | 0.08% | +164 |
| Pembina Pipeline Corp PBA | 11.9K | $532,000 | 0.08% | no change |
| iShares Trust EFA | 4.2K | $431,000 | 0.06% | no change |
| Deere & Co. DE | 606 | $407,000 | 0.06% | no change |
| SPDR S&P MidCap 400 ETF MDY | 617 | $405,000 | 0.06% | -4 |
| Johnson & Johnson JNJ | 1.5K | $395,000 | 0.06% | +1 |
| Mondelez International, Inc. MDLZ | 6.1K | $351,000 | 0.05% | +38 |
| Richards Packaging | 16.3K | $332,000 | 0.05% | no change |
| Brookfield Corporation BN | 8.9K | $323,000 | 0.05% | no change |
| iShares Trust EFG | 2.6K | $313,000 | 0.05% | no change |
| Union Pacific Corp. UNP | 1.1K | $300,000 | 0.04% | no change |
| Amgen Inc. AMGN | 700 | $295,000 | 0.04% | +100 |
| Progressive Corp. PGR | 1.4K | $294,000 | 0.04% | no change |
| Cummins Inc. CMI | 528 | $273,000 | 0.04% | +2 |
| Walmart Inc. WMT | 2.2K | $226,000 | 0.03% | +1 |
| iShares Trust OEF | 555 | $212,000 | 0.03% | no change |
| PepsiCo Inc. PEP | 1.6K | $208,000 | 0.03% | no change |
| Home Depot, Inc. HD | 713 | $203,000 | 0.03% | +1 |
| ADT Inc. ADT | 32.6K | $199,000 | 0.03% | no change |
| Opendoor Technologies Inc. OPEN | 24.3K | $58,000 | 0.01% | new |
Every US-listed position in the fund's 13F for the quarter ended 30 September 2026, by the value it reported.