# EDGAR Filing Document

**Accession Number:** 0001067324
**File Stem:** 0001067324-26-000002
**Filing Date:** 2026-1
**Character Count:** 17630
**Document Hash:** ec2e997dd353219b088af7797d97ad17
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001067324-26-000002.hdr.sgml**: 20260129

**ACCESSION NUMBER**: 0001067324-26-000002

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260129

**DATE AS OF CHANGE**: 20260129

**EFFECTIVENESS DATE**: 20260129

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MOUNTAIN PACIFIC INVESTMENT ADVISERS LLC
- **CENTRAL INDEX KEY:** 0001067324

**ORGANIZATION NAME:**
- **EIN:** 820329951
- **STATE OF INCORPORATION:** ID
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-07234
- **FILM NUMBER:** 26577003

**BUSINESS ADDRESS:**
- **STREET 1:** 877 MAIN STREET
- **STREET 2:** SUITE 704
- **CITY:** BOISE
- **STATE:** ID
- **ZIP:** 83702
- **BUSINESS PHONE:** 2083361422

**MAIL ADDRESS:**
- **STREET 1:** 877 MAIN STREET
- **STREET 2:** SUITE 704
- **CITY:** BOISE
- **STATE:** ID
- **ZIP:** 83702

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MOUNTAIN PACIFIC INVESTMENT ADVISERS INC/ID
- **DATE OF NAME CHANGE:** 19990324

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** MOUNTAIN PACIFIC INVESTMENT ADVISERS LLC<br>**Address:** 877 MAIN STREET<br>SUITE 704<br>BOISE, ID 83702

**Form 13F File Number:** 028-07234

**CRD Number (if applicable):** 000104749

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Matthew Lindstrom<br>**Title:** CCO<br>**Phone:** 208-336-1422

**Signature, Place, and Date of Signing:**

Matthew Lindstrom  Boise, ID  01-29-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 144

**Form 13F Information Table Value Total:** $617100118

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBOTT LABS | COM | 002824100 |  | 3080881 | 24590 | SH |  | SOLE | 0 | 24590 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 3562845 | 15593 | SH |  | SOLE | 0 | 15593 | 0 | 0 |
| ACI WORLDWIDE INC | COM | 004498101 |  | 587107 | 12280 | SH |  | SOLE | 0 | 12280 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 600021 | 1917 | SH |  | SOLE | 0 | 1917 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 250951 | 800 | SH |  | SOLE | 0 | 800 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 395856 | 1715 | SH |  | SOLE | 0 | 1715 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 556944 | 1505 | SH |  | SOLE | 0 | 1505 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 743850 | 5700 | SH |  | SOLE | 0 | 5700 | 0 | 0 |
| AMETEK INC | COM | 031100100 |  | 38515335 | 187596 | SH |  | SOLE | 0 | 187596 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 2037140 | 6224 | SH |  | SOLE | 0 | 6224 | 0 | 0 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 55776332 | 412730 | SH |  | SOLE | 0 | 412730 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 3950894 | 14533 | SH |  | SOLE | 0 | 14533 | 0 | 0 |
| APPLIED INDL TECHNOLOGIES IN | COM | 03820C105 |  | 3264831 | 12715 | SH |  | SOLE | 0 | 12715 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 1030530 | 4010 | SH |  | SOLE | 0 | 4010 | 0 | 0 |
| APTARGROUP INC | COM | 038336103 |  | 16384716 | 134345 | SH |  | SOLE | 0 | 134345 | 0 | 0 |
| ASSURANT INC | COM | 04621X108 |  | 7262109 | 30152 | SH |  | SOLE | 0 | 30152 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 3236211 | 12581 | SH |  | SOLE | 0 | 12581 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 321365 | 5843 | SH |  | SOLE | 0 | 5843 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 589197 | 3036 | SH |  | SOLE | 0 | 3036 | 0 | 0 |
| BERKLEY W R CORP | COM | 084423102 |  | 298150 | 4252 | SH |  | SOLE | 0 | 4252 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 833394 | 1658 | SH |  | SOLE | 0 | 1658 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 1509600 | 2 | SH |  | SOLE | 0 | 2 | 0 | 0 |
| C H ROBINSON WORLDWIDE INC | COM NEW | 12541W209 |  | 884180 | 5500 | SH |  | SOLE | 0 | 5500 | 0 | 0 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 518963 | 5250 | SH |  | SOLE | 0 | 5250 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 1127216 | 4651 | SH |  | SOLE | 0 | 4651 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 334477 | 6330 | SH |  | SOLE | 0 | 6330 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 1199856 | 2094 | SH |  | SOLE | 0 | 2094 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 349171 | 2291 | SH |  | SOLE | 0 | 2291 | 0 | 0 |
| CHURCH  DWIGHT CO INC | COM | 171340102 |  | 6932047 | 82672 | SH |  | SOLE | 0 | 82672 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 418178 | 5429 | SH |  | SOLE | 0 | 5429 | 0 | 0 |
| CLEAN HARBORS INC | COM | 184496107 |  | 5547328 | 23658 | SH |  | SOLE | 0 | 23658 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 550440 | 7874 | SH |  | SOLE | 0 | 7874 | 0 | 0 |
| COMFORT SYS USA INC | COM | 199908104 |  | 7223665 | 7740 | SH |  | SOLE | 0 | 7740 | 0 | 0 |
| COMMERCE BANCSHARES INC | COM | 200525103 |  | 1641696 | 31366 | SH |  | SOLE | 0 | 31366 | 0 | 0 |
| CONMED CORP | COM | 207410101 |  | 599987 | 14778 | SH |  | SOLE | 0 | 14778 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 272941 | 2916 | SH |  | SOLE | 0 | 2916 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 8614616 | 9990 | SH |  | SOLE | 0 | 9990 | 0 | 0 |
| CSW INDUSTRIALS INC | COM | 126402106 |  | 5343127 | 18203 | SH |  | SOLE | 0 | 18203 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 29532556 | 129008 | SH |  | SOLE | 0 | 129008 | 0 | 0 |
| DONALDSON INC | COM | 257651109 |  | 16327094 | 184154 | SH |  | SOLE | 0 | 184154 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 1038024 | 3259 | SH |  | SOLE | 0 | 3259 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 8700438 | 33142 | SH |  | SOLE | 0 | 33142 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 338524 | 315 | SH |  | SOLE | 0 | 315 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 437976 | 3300 | SH |  | SOLE | 0 | 3300 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 4488441 | 37298 | SH |  | SOLE | 0 | 37298 | 0 | 0 |
| FASTENAL CO | COM | 311900104 |  | 7835021 | 195241 | SH |  | SOLE | 0 | 195241 | 0 | 0 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 10194587 | 153394 | SH |  | SOLE | 0 | 153394 | 0 | 0 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 851942 | 18200 | SH |  | SOLE | 0 | 18200 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 16914548 | 251817 | SH |  | SOLE | 0 | 251817 | 0 | 0 |
| FORTIVE CORP | COM | 34959J108 |  | 5789486 | 104863 | SH |  | SOLE | 0 | 104863 | 0 | 0 |
| FTI CONSULTING INC | COM | 302941109 |  | 3586747 | 20996 | SH |  | SOLE | 0 | 20996 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 19080845 | 73731 | SH |  | SOLE | 0 | 73731 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 350846 | 1139 | SH |  | SOLE | 0 | 1139 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 239207 | 366 | SH |  | SOLE | 0 | 366 | 0 | 0 |
| GENERAC HLDGS INC | COM | 368736104 |  | 1823403 | 13371 | SH |  | SOLE | 0 | 13371 | 0 | 0 |
| GLACIER BANCORP INC NEW | COM | 37637Q105 |  | 426977 | 9693 | SH |  | SOLE | 0 | 9693 | 0 | 0 |
| GRACO INC | COM | 384109104 |  | 12707891 | 155031 | SH |  | SOLE | 0 | 155031 | 0 | 0 |
| HENRY SCHEIN INC | COM | 806407102 |  | 340110 | 4500 | SH |  | SOLE | 0 | 4500 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 987223 | 2869 | SH |  | SOLE | 0 | 2869 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 509965 | 2614 | SH |  | SOLE | 0 | 2614 | 0 | 0 |
| IDEX CORP | COM | 45167R104 |  | 21419528 | 120375 | SH |  | SOLE | 0 | 120375 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 2335170 | 9481 | SH |  | SOLE | 0 | 9481 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 318668 | 8636 | SH |  | SOLE | 0 | 8636 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 1094792 | 3696 | SH |  | SOLE | 0 | 3696 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 4407974 | 23011 | SH |  | SOLE | 0 | 23011 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 535064 | 871 | SH |  | SOLE | 0 | 871 | 0 | 0 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 214129 | 573 | SH |  | SOLE | 0 | 573 | 0 | 0 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 220857 | 1050 | SH |  | SOLE | 0 | 1050 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 3060997 | 14791 | SH |  | SOLE | 0 | 14791 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 6968008 | 21625 | SH |  | SOLE | 0 | 21625 | 0 | 0 |
| KADANT INC | COM | 48282T104 |  | 3255498 | 11422 | SH |  | SOLE | 0 | 11422 | 0 | 0 |
| LANDSTAR SYS INC | COM | 515098101 |  | 8386907 | 58364 | SH |  | SOLE | 0 | 58364 | 0 | 0 |
| M  T BK CORP | COM | 55261F104 |  | 742857 | 3687 | SH |  | SOLE | 0 | 3687 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 344812 | 604 | SH |  | SOLE | 0 | 604 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 743598 | 2433 | SH |  | SOLE | 0 | 2433 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 383252 | 3641 | SH |  | SOLE | 0 | 3641 | 0 | 0 |
| MERIT MED SYS INC | COM | 589889104 |  | 1214040 | 13774 | SH |  | SOLE | 0 | 13774 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 3424659 | 11999 | SH |  | SOLE | 0 | 11999 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 5832167 | 12059 | SH |  | SOLE | 0 | 12059 | 0 | 0 |
| MIDDLEBY CORP | COM | 596278101 |  | 298083 | 2005 | SH |  | SOLE | 0 | 2005 | 0 | 0 |
| MONOPAR THERAPEUTICS INC | COM NEW | 61023L207 |  | 398330 | 6100 | SH |  | SOLE | 0 | 6100 | 0 | 0 |
| MSA SAFETY INC | COM | 553498106 |  | 4610911 | 28793 | SH |  | SOLE | 0 | 28793 | 0 | 0 |
| MSC INDL DIRECT INC | CL A | 553530106 |  | 521672 | 6203 | SH |  | SOLE | 0 | 6203 | 0 | 0 |
| MURPHY USA INC | COM | 626755102 |  | 497944 | 1234 | SH |  | SOLE | 0 | 1234 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 375040 | 4000 | SH |  | SOLE | 0 | 4000 | 0 | 0 |
| NORDSON CORP | COM | 655663102 |  | 9763381 | 40608 | SH |  | SOLE | 0 | 40608 | 0 | 0 |
| NVENT ELECTRIC PLC | SHS | G6700G107 |  | 8737605 | 85688 | SH |  | SOLE | 0 | 85688 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 557635 | 2990 | SH |  | SOLE | 0 | 2990 | 0 | 0 |
| OTIS WORLDWIDE CORP | COM | 68902V107 |  | 214444 | 2455 | SH |  | SOLE | 0 | 2455 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 |  | 317021 | 2826 | SH |  | SOLE | 0 | 2826 | 0 | 0 |
| PENTAIR PLC | SHS | G7S00T104 |  | 3607722 | 34643 | SH |  | SOLE | 0 | 34643 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 679280 | 4733 | SH |  | SOLE | 0 | 4733 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 570668 | 2734 | SH |  | SOLE | 0 | 2734 | 0 | 0 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 247248 | 2415 | SH |  | SOLE | 0 | 2415 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 1932722 | 13486 | SH |  | SOLE | 0 | 13486 | 0 | 0 |
| PROGRESS SOFTWARE CORP | COM | 743312100 |  | 1625735 | 37843 | SH |  | SOLE | 0 | 37843 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 298003 | 2640 | SH |  | SOLE | 0 | 2640 | 0 | 0 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 503237 | 2900 | SH |  | SOLE | 0 | 2900 | 0 | 0 |
| RALLIANT CORP | COM | 750940108 |  | 292274 | 5741 | SH |  | SOLE | 0 | 5741 | 0 | 0 |
| RBC BEARINGS INC | COM | 75524B104 |  | 8265910 | 18433 | SH |  | SOLE | 0 | 18433 | 0 | 0 |
| REGAL REXNORD CORPORATION | COM | 758750103 |  | 1659284 | 11825 | SH |  | SOLE | 0 | 11825 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 277628 | 1310 | SH |  | SOLE | 0 | 1310 | 0 | 0 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 18427937 | 41399 | SH |  | SOLE | 0 | 41399 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 1657288 | 9200 | SH |  | SOLE | 0 | 9200 | 0 | 0 |
| ROYAL BK CDA | COM | 780087102 |  | 809657 | 4749 | SH |  | SOLE | 0 | 4749 | 0 | 0 |
| RPM INTL INC | COM | 749685103 |  | 9363800 | 90037 | SH |  | SOLE | 0 | 90037 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 1316995 | 7181 | SH |  | SOLE | 0 | 7181 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 7020474 | 13434 | SH |  | SOLE | 0 | 13434 | 0 | 0 |
| SELECTIVE INS GROUP INC | COM | 816300107 |  | 634972 | 7589 | SH |  | SOLE | 0 | 7589 | 0 | 0 |
| SNAP ON INC | COM | 833034101 |  | 2206129 | 6402 | SH |  | SOLE | 0 | 6402 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 1447962 | 2123 | SH |  | SOLE | 0 | 2123 | 0 | 0 |
| STANDARDAERO INC | COM | 85423L103 |  | 203915 | 7110 | SH |  | SOLE | 0 | 7110 | 0 | 0 |
| STRIDE INC | COM | 86333M108 |  | 682674 | 10514 | SH |  | SOLE | 0 | 10514 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 260439 | 741 | SH |  | SOLE | 0 | 741 | 0 | 0 |
| TELEFLEX INCORPORATED | COM | 879369106 |  | 1373438 | 11254 | SH |  | SOLE | 0 | 11254 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 700664 | 1558 | SH |  | SOLE | 0 | 1558 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 22788030 | 39327 | SH |  | SOLE | 0 | 39327 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 484400 | 1670 | SH |  | SOLE | 0 | 1670 | 0 | 0 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 264061 | 5366 | SH |  | SOLE | 0 | 5366 | 0 | 0 |
| UFP TECHNOLOGIES INC | COM | 902673102 |  | 3812477 | 17171 | SH |  | SOLE | 0 | 17171 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 479064 | 2071 | SH |  | SOLE | 0 | 2071 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 3674156 | 68856 | SH |  | SOLE | 0 | 68856 | 0 | 0 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 12348285 | 156684 | SH |  | SOLE | 0 | 156684 | 0 | 0 |
| VANGUARD BD INDEX FDS | INTERMED TERM | 921937819 |  | 1098887 | 14110 | SH |  | SOLE | 0 | 14110 | 0 | 0 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 3042796 | 41080 | SH |  | SOLE | 0 | 41080 | 0 | 0 |
| VANGUARD BD INDEX FDS | VANGUARD ULTRA | 92203C303 |  | 2085555 | 41845 | SH |  | SOLE | 0 | 41845 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 645944 | 1030 | SH |  | SOLE | 0 | 1030 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 903888 | 2696 | SH |  | SOLE | 0 | 2696 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 7265431 | 91125 | SH |  | SOLE | 0 | 91125 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | SHORT TERM TREAS | 92206C102 |  | 2492325 | 42437 | SH |  | SOLE | 0 | 42437 | 0 | 0 |
| VERALTO CORP | COM SHS | 92338C103 |  | 5452079 | 54641 | SH |  | SOLE | 0 | 54641 | 0 | 0 |
| VERISK ANALYTICS INC | COM | 92345Y106 |  | 13954006 | 62381 | SH |  | SOLE | 0 | 62381 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 205442 | 5044 | SH |  | SOLE | 0 | 5044 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 15053969 | 92920 | SH |  | SOLE | 0 | 92920 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 857135 | 2444 | SH |  | SOLE | 0 | 2444 | 0 | 0 |
| VONTIER CORPORATION | COM | 928881101 |  | 1645215 | 44250 | SH |  | SOLE | 0 | 44250 | 0 | 0 |
| WABTEC | COM | 929740108 |  | 1666831 | 7809 | SH |  | SOLE | 0 | 7809 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 2375278 | 21320 | SH |  | SOLE | 0 | 21320 | 0 | 0 |
| WATERS CORP | COM | 941848103 |  | 3217920 | 8472 | SH |  | SOLE | 0 | 8472 | 0 | 0 |
| WAYSTAR HLDG CORP | COM | 946784105 |  | 2557873 | 78103 | SH |  | SOLE | 0 | 78103 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 1442363 | 15476 | SH |  | SOLE | 0 | 15476 | 0 | 0 |
| WINMARK CORP | COM | 974250102 |  | 1789430 | 4419 | SH |  | SOLE | 0 | 4419 | 0 | 0 |
| XYLEM INC | COM | 98419M100 |  | 18368095 | 134881 | SH |  | SOLE | 0 | 134881 | 0 | 0 |
| ZEBRA TECHNOLOGIES CORPORATI | CL A | 989207105 |  | 1020087 | 4201 | SH |  | SOLE | 0 | 4201 | 0 | 0 |

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