Bishop Rock Capital, L.P.
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Portfolio style
Measured from the filed 13F common-share book for Sep 30, 2023, never from the firm's own description.
Closest benchmark: the S&P 500 as of 2023-09-30, active share 87.3%; sector active share 51.7% against the combined 13F book's sector weights.
Over time 15 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
18 tracked positions · as of Sep 30, 2023 · Δ vs Jun 30, 2023Portfolio Trend
Sector Breakdown
As of Sep 30, 2023| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 45.0% | $10,968,110 |
| Unclassified | 26.3% | $6,400,942 |
| Technology | 9.2% | $2,251,411 |
| Industrials | 7.9% | $1,921,787 |
| Basic Materials | 7.2% | $1,755,509 |
| Communication Services | 2.6% | $627,735 |
| Healthcare | 1.7% | $421,663 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| SHW | Sherwin Williams Co | +4,016 | 6,883 | $1,755,509 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| CP | Canadian Pacific Kansas City Ltd | −39,137 | 25,827 | $1,921,787 | |
| MRSH | Marsh & Mclennan Companies, Inc. | −17,400 | 10,153 | $1,932,115 | |
| AJG | Arthur J. Gallagher & Co. | −15,322 | 8,475 | $1,931,706 | |
| V | Visa Inc. | −13,474 | 8,370 | $1,925,183 | |
| — | −9,152 | 6,477 | $1,927,231 | ||
| MSFT | Microsoft Corp | −9,132 | 6,119 | $1,932,074 | |
| SPGI | S&P Global Inc. | −7,610 | 5,257 | $1,920,960 | |
| GOOGL | Alphabet Inc. | −5,531 | 4,797 | $627,735 | |
| VOO | VANGUARD 500 INDEX FUND | −5,510 | 4,298 | $1,687,824 | |
| SPY | Spdr S&P 500 ETF Trust | −5,217 | 6,517 | $2,785,887 | |
| MA | Mastercard Inc | −3,087 | 1,573 | $622,766 | |
| TYL | Tyler Technologies Inc | −2,109 | 827 | $319,337 | |
| MSCI | MSCI Inc. | −2,012 | 778 | $399,176 | |
| IQV | Iqvia Holdings Inc. | −1,277 | 1,043 | $205,210 | |
| AON | Aon plc | −1,123 | 896 | $290,501 | |
| ICLR | Icon PLC | −1,075 | 879 | $216,453 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| ICE | Intercontinental Exchange, Inc. | 17,685 | $1,945,703 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| WCN | Waste Connections, Inc. | 36,803 | $5,260,252 | |
| AFG | American Financial Group Inc | 37,161 | $4,412,868 | |
| — | 60,991 | $2,832,422 | ||
| FSV | FirstService Corp | 12,927 | $1,991,921 | |
| DSGX | Descartes Systems Group Inc | 5,855 | $469,044 | |
| DHR | Danaher Corp | 1,741 | $417,840 | |
| No positions match the current search. | ||||
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| SPY |
Spdr S&P 500 ETF Trust
|
Reduced | 6,517 | $2,785,887 | 11.44% | |
| ICE |
Intercontinental Exchange, Inc.
Financial Services
|
NEW | 17,685 | $1,945,703 | 7.99% | |
| MRSH |
Marsh & Mclennan Companies, Inc.
Financial Services
|
Reduced | 10,153 | $1,932,115 | 7.94% | |
| MSFT |
Microsoft Corp
Technology
|
Reduced | 6,119 | $1,932,074 | 7.94% | |
| AJG |
Arthur J. Gallagher & Co.
Financial Services
|
Reduced | 8,475 | $1,931,706 | 7.93% | |
|
|
Reduced | 6,477 | $1,927,231 | 7.92% | ||
| V |
Visa Inc.
Financial Services
|
Reduced | 8,370 | $1,925,183 | 7.91% | |
| CP |
Canadian Pacific Kansas City Ltd
Industrials
|
Reduced | 25,827 | $1,921,787 | 7.89% | |
| SPGI |
S&P Global Inc.
Financial Services
|
Reduced | 5,257 | $1,920,960 | 7.89% | |
| SHW |
Sherwin Williams Co
Basic Materials
|
Added | 6,883 | $1,755,509 | 7.21% | |
| VOO |
VANGUARD 500 INDEX FUND
|
Reduced | 4,298 | $1,687,824 | 6.93% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 4,797 | $627,735 | 2.58% | |
| MA |
Mastercard Inc
Financial Services
|
Reduced | 1,573 | $622,766 | 2.56% | |
| MSCI |
MSCI Inc.
Financial Services
|
Reduced | 778 | $399,176 | 1.64% | |
| TYL |
Tyler Technologies Inc
Technology
|
Reduced | 827 | $319,337 | 1.31% | |
| AON |
Aon plc
Financial Services
|
Reduced | 896 | $290,501 | 1.19% | |
| ICLR |
Icon PLC
Healthcare
|
Reduced | 879 | $216,453 | 0.89% | |
| IQV |
Iqvia Holdings Inc.
Healthcare
|
Reduced | 1,043 | $205,210 | 0.84% |
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.