The Fund

The Fund | Holdings

The Ensemble Fund is committed to providing our investors with high levels of transparency into our investment process and holdings. This commitment is based on our belief that investors who understand what they own are better able to make smart decisions regarding buying, holding and selling.

While we are only obligated to report our holdings within approximately 60 days after each fiscal quarter end, we routinely update our holdings on a monthly basis. We reserve the right to delay updating our holdings if we believe that doing so is not in the best interest of our investors.

Holdings as of October 31, 2022

MA Mastercard Incorporated – Class A 8.43%
FRC First Republic Bank 7.11%
HD The Home Depot, Inc. 7.08%
NFLX Netflix, Inc. 6.96%
GOOGL Alphabet Inc. – Class A 6.79%
RACE Ferrari N.V. 6.19%
ILMN Illumina, Inc. 5.17%
BR Broadridge Financial Solutions, Inc. 4.93%
NVR NVR, Inc. 4.90%
BKNG Booking Holdings Inc. 4.62%
MASI Masimo Corporation 4.43%
NOW ServiceNow, Inc. 4.40%
CMG Chipotle Mexican Grill, Inc. 4.35%
NTDOY Nintendo Co., Ltd. 3.96%
SCHW The Charles Schwab Corporation 3.87%
NKE Nike, Inc. Class B 3.56%
FAST Fastenal Company 3.15%
PAYX Paychex, Inc. 3.12%
LSTR Landstar System, Inc. 3.06%
FAF First American Financial Corporation 3.01%
PRM Perimeter Solutions 0.82%
Net Cash * 0.09%

 

 

 

*Represents cash, cash equivalents (including U.S. Treasuries with maturities less than 1 year), and other assets less liabilities.