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Dundas Partners LLP

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13F filer, CIK 1742418, EDINBURGH, United Kingdom

Dundas Partners LLP reported $1,438,626,602 across 50 holdings for the quarter ended 2025-06-30, in a 13F-HR filed 2025-08-12. Its ten largest share positions make up 45.49% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001742418-25-000006

Period
2025-06-30
Reported value
$1.44B
Holdings
50
Top 10 weight
45.49%
New
3
Sold out
2

Largest buys vs the previous quarter

SecurityShares changeApprox. value
AITadded+264,173$48.4M
TMOadded+18,041$7.31M
AMEadded+29,660$5.37M
HDBadded+49,849$3.82M
ABTadded+26,666$3.63M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
AMATreduced-153,730-$47.4M
AAPLreduced-120,310-$28M
ADPreduced-111,709-$27.4M
NDSNexited-119,311-$24.1M
TSMreduced-6,726-$1.52M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q2 2025

Share positions as resolved from 13F-HR 0001742418-25-000006, largest first. % of portfolio is the value over $1,438,626,602, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
MSFTMICROSOFT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 180,361 shares; 2024Q4: 186,468 shares; 2025Q1: 186,468 shares; 2025Q2: 186,468 shares 186,468$92.8M6.45%0Timeline
WRBBERKLEY W R CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,123,310 shares; 2024Q4: 1,123,310 shares; 2025Q1: 1,123,310 shares; 2025Q2: 1,123,310 shares 1,123,310$82.5M5.74%0Timeline
GWWWW GRAINGER INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 73,650 shares; 2024Q4: 73,650 shares; 2025Q1: 73,650 shares; 2025Q2: 73,650 shares 73,650$76.6M5.33%0Timeline
TSMTAIWAN SEMICONDUCTOR MANUFACQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 303,564 shares; 2024Q4: 289,171 shares; 2025Q1: 289,171 shares; 2025Q2: 282,445 shares 282,445$64M4.45%-6,726Timeline
VVISA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 160,525 shares; 2024Q4: 175,029 shares; 2025Q1: 175,029 shares; 2025Q2: 175,029 shares 175,029$62.1M4.32%0Timeline
APHAMPHENOL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 617,382 shares; 2024Q4: 617,382 shares; 2025Q1: 617,382 shares; 2025Q2: 617,382 shares 617,382$61M4.24%0Timeline
BROBROWN & BROWN INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 479,205 shares; 2024Q4: 503,111 shares; 2025Q1: 503,111 shares; 2025Q2: 503,111 shares 503,111$55.8M3.88%0Timeline
AXPAMERICAN EXPRESS COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 174,436 shares; 2024Q4: 174,436 shares; 2025Q1: 174,436 shares; 2025Q2: 174,436 shares 174,436$55.6M3.87%0Timeline
GOOGALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 273,525 shares; 2024Q4: 301,749 shares; 2025Q1: 301,749 shares; 2025Q2: 301,749 shares 301,749$53.5M3.72%0Timeline
ABTABBOTT LABORATORIESQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 345,049 shares; 2024Q4: 345,049 shares; 2025Q1: 345,049 shares; 2025Q2: 371,715 shares 371,715$50.6M3.51%+26,666Timeline
AITAPPLIED INDL TECHNOLOGIES INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,733 shares; 2024Q4: 2,039 shares; 2025Q1: 2,039 shares; 2025Q2: 266,212 shares 266,212$48.7M3.39%+264,173Timeline
ADIANALOG DEVICES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 197,970 shares; 2024Q4: 197,970 shares; 2025Q1: 197,970 shares; 2025Q2: 197,970 shares 197,970$47.1M3.28%0Timeline
NDAQNASDAQ INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 500,759 shares; 2024Q4: 500,759 shares; 2025Q1: 500,759 shares; 2025Q2: 500,759 shares 500,759$44.8M3.11%0Timeline
BKNGBOOKING HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,270 shares; 2024Q4: 7,270 shares; 2025Q1: 7,270 shares; 2025Q2: 7,270 shares 7,270$42.1M2.93%0Timeline
MRSHMARSH & MCLENNAN COS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 187,494 shares; 2024Q4: 187,494 shares; 2025Q1: 187,494 shares; 2025Q2: 187,494 shares 187,494$41M2.85%0Timeline
RMDRESMED INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 140,562 shares; 2024Q4: 140,562 shares; 2025Q1: 152,184 shares; 2025Q2: 152,184 shares 152,184$39.3M2.73%0Timeline
ACNACCENTURE PLC IRELANDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 126,597 shares; 2024Q4: 126,597 shares; 2025Q1: 126,597 shares; 2025Q2: 126,597 shares 126,597$37.8M2.63%0Timeline
TMOTHERMO FISHER SCIENTIFIC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 70,238 shares; 2024Q4: 70,238 shares; 2025Q1: 75,152 shares; 2025Q2: 93,193 shares 93,193$37.8M2.63%+18,041Timeline
SYKSTRYKER CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 90,522 shares; 2024Q4: 90,522 shares; 2025Q1: 90,522 shares; 2025Q2: 90,522 shares 90,522$35.8M2.49%0Timeline
ROSTROSS STORES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 274,017 shares; 2024Q4: 274,017 shares; 2025Q1: 279,145 shares; 2025Q2: 279,145 shares 279,145$35.6M2.48%0Timeline
AMATAPPLIED MATLS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 266,212 shares; 2024Q4: 266,212 shares; 2025Q1: 266,212 shares; 2025Q2: 112,482 shares 112,482$34.7M2.41%-153,730Timeline
ALCALCON AGQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 425,938 shares; 2024Q4: 403,994 shares; 2025Q1: 406,475 shares; 2025Q2: 391,786 shares 391,786$34.7M2.41%-14,689Timeline
EFXEQUIFAX INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 132,615 shares; 2024Q4: 132,615 shares; 2025Q1: 132,615 shares; 2025Q2: 132,615 shares 132,615$34.4M2.39%0Timeline
HDBHDFC BANK LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 406,972 shares; 2024Q4: 385,984 shares; 2025Q1: 393,556 shares; 2025Q2: 443,405 shares 443,405$34M2.36%+49,849Timeline
FDSFACTSET RESH SYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 74,556 shares; 2024Q4: 74,556 shares; 2025Q1: 74,556 shares; 2025Q2: 72,174 shares 72,174$32.3M2.24%-2,382Timeline
AMEAMETEK INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 133,770 shares; 2024Q4: 142,812 shares; 2025Q1: 142,812 shares; 2025Q2: 172,472 shares 172,472$31.2M2.17%+29,660Timeline
ZTSZOETIS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 182,113 shares; 2024Q4: 182,113 shares; 2025Q1: 197,747 shares; 2025Q2: 197,747 shares 197,747$30.8M2.14%0Timeline
INTUINTUITQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 36,888 shares; 2025Q2: 36,888 shares 36,888$29.1M2.02%0Timeline
HDHOME DEPOT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 101,274 shares; 2024Q4: 101,274 shares; 2025Q1: 73,785 shares; 2025Q2: 70,543 shares 70,543$25.9M1.8%-3,242Timeline
MAMASTERCARD INCORPORATEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 44,459 shares; 2024Q4: 44,459 shares; 2025Q1: 44,459 shares; 2025Q2: 44,459 shares 44,459$25M1.74%0Timeline
COSTCOSTCO WHOLESALE CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 23,963 shares; 2024Q4: 23,963 shares; 2025Q1: 23,963 shares; 2025Q2: 23,963 shares 23,963$23.7M1.65%0Timeline
MSCIMSCI INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 37,782 shares; 2025Q2: 37,782 shares 37,782$21.8M1.51%0Timeline
RBARB GLOBAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 111,688 shares; 2024Q4: 91,989 shares; 2025Q1: 91,989 shares; 2025Q2: 95,184 shares 95,184$10.1M0.7%+3,195Timeline
RYANRYAN SPECIALTY HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 8,225 shares; 2024Q4: 10,254 shares; 2025Q1: 10,897 shares; 2025Q2: 10,200 shares 10,200$693K0.05%-697Timeline
PAYCPAYCOM SOFTWARE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 2,456 shares; 2025Q2: 2,583 shares 2,583$598K0.04%+127Timeline
WTSWATTS WATER TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,201 shares; 2024Q4: 2,567 shares; 2025Q1: 2,567 shares; 2025Q2: 2,270 shares 2,270$558K0.04%-297Timeline
JKHYHENRY JACK & ASSOC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 2,900 shares 2,900$522K0.04%newTimeline
MKTXMARKETAXESS HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,093 shares; 2024Q4: 2,364 shares; 2025Q1: 2,567 shares; 2025Q2: 2,239 shares 2,239$500K0.03%-328Timeline
ESABESAB CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,454 shares; 2024Q4: 4,132 shares; 2025Q1: 4,132 shares; 2025Q2: 3,884 shares 3,884$468K0.03%-248Timeline
AAPLAPPLE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 122,222 shares; 2024Q4: 122,222 shares; 2025Q1: 122,222 shares; 2025Q2: 1,912 shares 1,912$444K0.03%-120,310Timeline
BMIBADGER METER INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,389 shares; 2024Q4: 1,589 shares; 2025Q1: 1,589 shares; 2025Q2: 8,444 shares 8,444$434K0.03%+6,855Timeline
INTERDIGITAL INCINTERDIGITAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,600 shares; 2024Q4: 1,715 shares; 2025Q1: 1,715 shares; 2025Q2: 1,654 shares 1,654$371K0.03%-61
RLIRLI CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 4,800 shares 4,800$347K0.02%newTimeline
TRUTRANSUNIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,538 shares; 2024Q4: 6,558 shares; 2025Q1: 7,017 shares; 2025Q2: 3,452 shares 3,452$304K0.02%-3,565Timeline
MORNMORNINGSTAR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 899 shares; 2024Q4: 1,522 shares; 2025Q1: 1,522 shares; 2025Q2: 895 shares 895$281K0.02%-627Timeline
SIGISELECTIVE INS GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,533 shares; 2024Q4: 4,294 shares; 2025Q1: 4,294 shares; 2025Q2: 2,734 shares 2,734$237K0.02%-1,560Timeline
LMATLEMAITRE VASCULAR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 2,660 shares 2,660$221K0.02%newTimeline
ADPAUTOMATIC DATA PROCESSING INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 112,482 shares; 2024Q4: 112,482 shares; 2025Q1: 112,482 shares; 2025Q2: 773 shares 773$189K0.01%-111,709Timeline
LFUSLITTELFUSE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,531 shares; 2024Q4: 1,251 shares; 2025Q1: 1,049 shares; 2025Q2: 724 shares 724$164K0.01%-325Timeline
GGGGRACO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,167 shares; 2024Q4: 7,208 shares; 2025Q1: 7,208 shares; 2025Q2: 1,842 shares 1,842$158K0.01%-5,366Timeline

Sold out in Q2 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
NDSNNORDSON CORP119,311$24.1Mshares
POWIPOWER INTEGRATIONS INC4,211$213Kshares

How Q2 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001742418-25-000006 base2025-08-12acceptance time not in the bulk data set