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Data as of Q4 2025

All position changes for FIDUCIARY MANAGEMENT INC /WI/. Excludes unchanged positions.

Unique Stocks

Quarters

New Positions

Exits

5 position changes

Per page:

Quarter	Stock	Action	Shares	Change	Value	Weight	Conviction
2025-Q4	ARMK Aramark	Decreased	11.5M	-7.2%	$423M	4.7%	0
2025-Q4	BKNG Booking Holdings Inc	Decreased	73,097	-8.9%	$391.5M	4.3%	0
2025-Q4	SCHW Charles Schwab Corp/The	Decreased	3.9M	-8.0%	$386.9M	4.3%	0
2025-Q4	FERG FERGUSON ENTERPRISES INC	Decreased	1.5M	-25.0%	$330.9M	3.6%	0
2025-Q4	AVY Avery Dennison Corp	Decreased	1.4M	-7.0%	$254.8M	2.8%	0
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