William Von Mueffling's Q3 2024 Portfolio Update: Top Buys, Sells, and Major Holdings

William Von Mueffling, founder of Cantillon Capital Management LLC, has revealed the firm’s Q3 2024 investment portfolio. With a total value of $15.1 billion, this portfolio includes 76 stocks and shows a notable increase of $452 million from the previous quarter’s $14.7 billion valuation. Let’s explore the major holdings, top buys, and top sells of Cantillon’s latest 13F filing, showcasing strategic adjustments and sector allocations.

Cantillon Capital Management’s latest portfolio changes reveal an intricate balance between tech investments and diversification into real estate, financial services, and digital entertainment. Broadcom’s prominence signals confidence in semiconductor potential, while SPGI, AMAT, and CBRE holdings emphasize diverse industry engagement. Noteworthy investments in Uber and Tencent Music hint at Cantillon’s optimism for growth in digital platforms and global mobility.

The top buys of Uber, Aon, and Tencent Music underscore Cantillon’s focus on companies with growth potential in emerging markets. While some reductions in tech heavyweights like Alphabet and Microsoft suggest selective risk management, the continued presence of these firms confirms their critical role in the portfolio.

Cantillon’s portfolio adjustments for Q3 2024 demonstrate a keen focus on both technological evolution and cross-industry opportunities. By blending growth-oriented buys with prudent reductions, Cantillon is preparing for economic fluctuations while maintaining a strategic emphasis on long-term value creation.

Top Holdings of Cantillon Capital Management

• Broadcom Inc. (AVGO) - 8.36% of Portfolio

  SEO Subtitle: "Broadcom Inc. Dominates Cantillon's Portfolio with Top Allocation of 8.36%"

  Broadcom Inc. is a major player in the semiconductor and infrastructure software industry, serving sectors such as telecommunications, data centers, and networking. Its innovative solutions contribute to advancements across multiple industries.

• S&P Global Inc. (SPGI) - 6.35% of Portfolio

  SEO Subtitle: "S&P Global: A Key Component in Cantillon’s Investment Portfolio"

  S&P Global provides essential financial and market intelligence, ratings, and data analytics. Its services support companies, investors, and governments in making informed decisions, helping drive economic growth and stability worldwide.

• Alphabet Inc. (GOOGL) - 4.89% of Portfolio

  SEO Subtitle: "Alphabet Inc. Retains Strong Presence in Von Mueffling’s Portfolio"

  Alphabet Inc., the parent company of Google, is a leader in digital advertising, search engine technology, and cloud computing. Its products and services are integral to the global digital landscape and continue to shape the future of tech.

• Applied Materials, Inc. (AMAT) - 4.2% of Portfolio

  SEO Subtitle: "Applied Materials Secures 4.2% in Cantillon’s Q3 2024 Portfolio"

  Applied Materials is a leading provider of equipment, services, and software used in semiconductor and display manufacturing. Its technology is essential to the production processes of many key players in the tech industry.

• CBRE Group, Inc. (CBRE) - 3.89% of Portfolio

  SEO Subtitle: "CBRE Group Holds Strong with a 3.89% Stake in Cantillon’s Portfolio"

  CBRE Group is a global leader in real estate services, offering expertise in property management, investment, and consulting. Its diverse operations across commercial real estate provide clients with valuable insights and solutions.

Top Buys of Q3 2024

• Uber Technologies, Inc. (UBER) - Increased by 65.17%

  SEO Subtitle: "Uber Technologies Sees Major Increase in Cantillon’s Q3 2024 Portfolio"

  Uber Technologies, Inc. is a global leader in ride-hailing and food delivery services, continually expanding into sectors such as freight and autonomous driving. Its innovation and adaptability make it a significant addition to Cantillon’s portfolio.

• Aon plc (AON) - Increased by 15.63%

  SEO Subtitle: "Aon’s Strategic Role Grows in Cantillon’s Investment Portfolio"

  Aon plc is a premier global professional services firm that provides risk, retirement, and health solutions. With a commitment to empowering clients through data-driven insights, Aon is a key player in managing organizational risk and health benefits.

• Trip.com Group Limited (TCOM) - Increased by 14.85%

  SEO Subtitle: "Trip.com Group Expands Cantillon’s Exposure to Travel and Hospitality"

  Trip.com Group, a leading provider of travel services, connects consumers to hotels, transportation, and vacation packages. Its growth highlights the rebound in global travel, making it a strategic investment for Cantillon this quarter.

• Tencent Music Entertainment Group (TME) - Increased by 39.92%

  SEO Subtitle: "Tencent Music Gains Position as Entertainment Giant in Cantillon’s Portfolio"

  Tencent Music Entertainment Group, China’s premier online music and audio platform, provides a range of music streaming and social entertainment services. Its user base and influence in the digital music space make it a valuable addition.

• Broadcom Inc. (AVGO) - Increased by 849.57%

  SEO Subtitle: "Broadcom Inc. Leads as the Most Aggressive Buy in Cantillon’s Portfolio"

  Broadcom Inc., a significant player in the semiconductor industry, drives innovation in connectivity and network infrastructure. Its impressive growth in Cantillon’s portfolio underscores its importance in the evolving tech sector.

Top Sells of Q3 2024

• Analog Devices, Inc. (ADI) - Reduced by 23.26%

  SEO Subtitle: "Analog Devices Sees Major Reduction in Cantillon's Q3 2024 Portfolio"

  Analog Devices, Inc. is a leader in designing and manufacturing semiconductor products and solutions. Known for innovation in signal processing, its reduced holding in Cantillon's portfolio may signal a strategic shift toward other sectors.

• Applied Materials, Inc. (AMAT) - Reduced by 2.9%

  SEO Subtitle: "Cantillon Decreases Stake in Applied Materials, a Semiconductor Equipment Giant"

  Applied Materials, Inc. specializes in materials engineering solutions used to produce virtually every new chip and advanced display. This slight reduction in holding may reflect Cantillon’s reassessment of semiconductor market growth.

• Alphabet Inc. (GOOGL) - Reduced by 2.9%

  SEO Subtitle: "Alphabet Inc. Sees Minor Portfolio Reduction by Cantillon in Q3 2024"

  Alphabet Inc., Google’s parent company, dominates the online search, advertising, and cloud markets. This minor reduction may indicate Cantillon’s realignment to balance holdings amid tech sector fluctuations.

• Entegris, Inc. (ENTG) - Reduced by 2.9%

  SEO Subtitle: "Cantillon Capital Adjusts Holdings in Entegris Amid Portfolio Rebalancing"

  Entegris, Inc. is known for its advanced materials and process solutions for high-tech industries, including semiconductor manufacturing. This slight reduction could suggest a nuanced adjustment to the firm’s technology allocation.

• Microsoft Corporation (MSFT) - Reduced by 2.89%

  SEO Subtitle: "Cantillon Capital Slightly Trims Microsoft Holdings in Q3 2024"

  Microsoft Corporation, a technology powerhouse, provides software, cloud computing, and hardware solutions. The slight reduction in Cantillon’s portfolio may indicate a strategic shift to balance exposure across technology investments.