# FIDUCIARY MANAGEMENT INC /WI/: Form 13F holdings

An institutional investment manager in MILWAUKEE, WI. SEC CIK 764532.

- Quarter ended: 2026-06-30
- Filed: 2026-08-13
- Reported value: $7.03bn
- Positions: 56 (56 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/764532/000076453226000007/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [Aramark (ARMK)](/companies/armk.md) | COM | $371.0m | 5.3% | 6,520,495 |  | Reduced −4,067,400 |
| [Booking Holdings Inc (BKNG)](/companies/bkng.md) | COM | $331.2m | 4.7% | 1,858,189 |  | Added +1,764,278 |
| [Insight Enterprises (NSIT)](/companies/nsit.md) | COM | $267.7m | 3.8% | 2,197,521 |  | Added +322,244 |
| [Charles Schwab Corp (SCHW)](/companies/schw.md) | COM | $211.8m | 3.0% | 2,295,743 |  | Reduced −1,169,778 |
| [Valvoline Inc. (VVV)](/companies/vvv.md) | COM | $202.5m | 2.9% | 5,122,337 |  | Added +293,406 |
| [Hayward Holdings (HAYW)](/companies/hayw.md) | COM | $202.3m | 2.9% | 11,684,338 |  | Added +2,945,378 |
| [Ferguson Enterprises (FERG)](/companies/ferg.md) | COM | $200.5m | 2.9% | 844,907 |  | Reduced −492,425 |
| [CDW Corp (CDW)](/companies/cdw.md) | COM | $196.0m | 2.8% | 1,393,758 |  | Reduced −49,551 |
| [OneMain Holdings (OMF)](/companies/omf.md) | COM | $187.8m | 2.7% | 3,080,673 |  | Added +397,247 |
| [Zions Bancorporation (ZION)](/companies/zion.md) | COM | $179.3m | 2.6% | 2,591,257 |  | Reduced −196,700 |
| [AptarGroup Inc. (ATR)](/companies/atr.md) | COM | $178.3m | 2.5% | 1,423,771 |  | Added +171,433 |
| Gates Industrial | COM | $173.1m | 2.5% | 6,189,245 |  | New +6,189,245 |
| [Carlisle Cos. Inc. (CSL)](/companies/csl.md) | COM | $162.5m | 2.3% | 447,968 |  | Reduced −45,776 |
| [Cavco Industries (CVCO)](/companies/cvco.md) | COM | $153.7m | 2.2% | 250,135 |  | Reduced −17,379 |
| [Mueller Water Prod. (MWA)](/companies/mwa.md) | COM | $152.4m | 2.2% | 5,902,018 |  | Added +1,745,819 |
| [Avery Dennison Corp. (AVY)](/companies/avy.md) | COM | $151.9m | 2.2% | 935,794 |  | Reduced −316,735 |
| [Primerica Inc. (PRI)](/companies/pri.md) | COM | $151.8m | 2.2% | 534,226 |  | Reduced −157,796 |
| [Henry Schein Inc. (HSIC)](/companies/hsic.md) | COM | $151.8m | 2.2% | 1,817,353 |  | Reduced −136,730 |
| [Capital One Financial (COF)](/companies/cof.md) | COM | $151.2m | 2.2% | 753,703 |  | Added +167,926 |
| [FTI Consulting Inc (FCN)](/companies/fcn.md) | COM | $142.7m | 2.0% | 957,952 |  | Added +134,239 |
| [Carrier Global (CARR)](/companies/carr.md) | COM | $141.1m | 2.0% | 1,923,538 |  | Reduced −1,643,851 |
| White Mountains Ins. | COM | $138.0m | 2.0% | 66,550 |  | Reduced −18,516 |
| [Louisiana-Pacific Corp. (LPX)](/companies/lpx.md) | COM | $137.7m | 2.0% | 1,751,120 |  | Added +485,722 |
| [UnitedHealth Group (UNH)](/companies/unh.md) | COM | $135.5m | 1.9% | 325,962 |  | Reduced −31,989 |
| [Masco Corp (MAS)](/companies/mas.md) | COM | $127.2m | 1.8% | 1,562,913 |  | Reduced −805,912 |
| [Becton Dickinson (BDX)](/companies/bdx.md) | COM | $125.9m | 1.8% | 831,781 |  | Reduced −407,971 |
| [Houlihan Lokey Inc. (HLI)](/companies/hli.md) | COM | $125.9m | 1.8% | 938,411 |  | Added +134,839 |
| [MSA Safety (MSA)](/companies/msa.md) | COM | $124.6m | 1.8% | 713,768 |  | Added +34,782 |
| Arch Capital Group | COM | $118.9m | 1.7% | 1,225,226 |  | Reduced −235,870 |
| [Huron Consulting (HURN)](/companies/hurn.md) | COM | $116.6m | 1.7% | 1,293,304 |  | Added +389,904 |
| [Sunbelt Rentals (SUNB)](/companies/sunb.md) | COM | $116.2m | 1.7% | 1,553,309 |  | Reduced −367,941 |
| [Donaldson Co. Inc. (DCI)](/companies/dci.md) | COM | $114.8m | 1.6% | 1,279,144 |  | Reduced −147,283 |
| Allegion PLC | COM | $112.9m | 1.6% | 803,654 |  | Reduced −229,365 |
| [Progressive Corp. (PGR)](/companies/pgr.md) | COM | $112.2m | 1.6% | 513,457 |  | Reduced −66,249 |
| [Core & Main (CNM)](/companies/cnm.md) | COM | $111.4m | 1.6% | 2,308,589 |  | Reduced −173,921 |
| [Unilever PLC ADR (UL)](/companies/ul.md) | COM | $107.4m | 1.5% | 1,786,644 |  | Reduced −508,279 |
| Accenture PLC | COM | $106.4m | 1.5% | 855,060 |  | Reduced −107,307 |
| [Fortune Brands Innov. (FBIN)](/companies/fbin.md) | COM | $105.9m | 1.5% | 1,928,059 |  | Reduced −144,200 |
| [PNC Financial Services (PNC)](/companies/pnc.md) | COM | $105.2m | 1.5% | 427,245 |  | Reduced −208,833 |
| [Quest Diagnostics (DGX)](/companies/dgx.md) | COM | $102.5m | 1.5% | 483,557 |  | Reduced −237,429 |
| [Koninklijke Philips NV (PHG)](/companies/phg.md) | COM | $94.1m | 1.3% | 3,459,961 |  | Reduced −1,516,952 |
| [BJ's Wholesale Club (BJ)](/companies/bj.md) | COM | $86.2m | 1.2% | 988,158 |  | Added +298,758 |
| [Dollar Tree (DLTR)](/companies/dltr.md) | COM | $85.6m | 1.2% | 707,327 |  | Reduced −359,986 |
| [Simpson Mfg. Co. (SSD)](/companies/ssd.md) | COM | $84.7m | 1.2% | 404,809 |  | Reduced −29,400 |
| [Ryanair Holdings (RYAAY)](/companies/ryaay.md) | COM | $83.3m | 1.2% | 1,285,919 |  | Reduced −156,063 |
| [Berkshire Hath. Cl B (BRK-B)](/companies/brk-b.md) | COM | $71.7m | 1.0% | 143,322 |  | Reduced −161,326 |
| [Fresenius Med. Care (FMS)](/companies/fms.md) | COM | $66.4m | 0.9% | 2,937,829 |  | Reduced −1,524,277 |
| [Alliance Laundry (ALH)](/companies/alh.md) | COM | $59.2m | 0.8% | 2,230,990 |  | New +2,230,990 |
| [Robert Half Inc. (RHI)](/companies/rhi.md) | COM | $46.7m | 0.7% | 1,521,878 |  | Reduced −186,610 |
| [FirstCash Inc. (FCFS)](/companies/fcfs.md) | COM | $41.0m | 0.6% | 189,663 |  | Reduced −722,388 |
| Informa PLC | COM | $1.7m | <0.1% | 70,966 |  | Reduced −1,034 |
| Sodexo | COM | $1.6m | <0.1% | 137,928 |  | Reduced −32,144 |
| iShares S&P 500 | COM | $1.3m | <0.1% | 1,678 |  | New +1,678 |
| iShares S&P 600 | COM | $903.2k | <0.1% | 6,090 |  | New +6,090 |
| Rexel | COM | $202.0k | <0.1% | 4,544 |  | New +4,544 |
| Edenred | COM | $172.5k | <0.1% | 13,586 |  | Reduced −685 |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [Alphabet Inc - Cl A (GOOGL)](/companies/googl.md) | COM | $0 | 0.0% | 0 |  | Sold out −327,682 |
| [Applied Ind. Tech. (AIT)](/companies/ait.md) | COM | $0 | 0.0% | 0 |  | Sold out −205,928 |
| [Arrow Electronics Inc. (ARW)](/companies/arw.md) | COM | $0 | 0.0% | 0 |  | Sold out −1,048,441 |
| [B&M European Value (BMRRY)](/companies/bmrry.md) | COM | $0 | 0.0% | 0 |  | Sold out −12,165 |
| Coca-Cola Europacific | COM | $0 | 0.0% | 0 |  | Sold out −802,103 |
| [CTS Corp (CTS)](/companies/cts.md) | COM | $0 | 0.0% | 0 |  | Sold out −1,042,452 |
| Gates Industrial | COM | $0 | 0.0% | 0 |  | Sold out −6,654,116 |
| IMCD N.V. | COM | $0 | 0.0% | 0 |  | Sold out −4,002 |
| iShares S&P 500 | COM | $0 | 0.0% | 0 |  | Sold out −443 |
| [Sysco Corp. (SYY)](/companies/syy.md) | COM | $0 | 0.0% | 0 |  | Sold out −1,876,385 |
| Weir Group PLC | COM | $0 | 0.0% | 0 |  | Sold out −34,009 |

Source: SEC EDGAR, Form 13F-HR, accession 0000764532-26-000007. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.