PineStone Asset Management Inc.

CIK

1904893

Location

Montreal, A8

Portfolio Value

Large $16,176,003,253

Diversification

Diversified

Filing Date

Global Rank

#42 / 3,599 ▲ 296

Top Industry

Semiconductors 16.8%

3Y Alpha vs SPY

-5.6%

Period ended 32 days ago

Filed Jul 13, 2026 · 19d

15 quarters · since Dec 2022

Clone Performance

Aug 2023–Aug 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+46.5%

SPY

+69.4%

Annualised alpha

-5.6%

Max drawdown

−15.2%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

44 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

14.6%

+2.1 pts

Top 5

43.0%

−1.0 pts

Top 10

63.2%

−4.2 pts

HHI

593

Diversified−3

Portfolio Trend

15 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	26.8%	$4,340,241,314	5
Financial Services	23.1%	$3,738,509,245	8
Consumer Cyclical	14.8%	$2,401,456,131	7
Communication Services	10.2%	$1,646,696,990	1
Industrials	9.2%	$1,484,720,157	11
Healthcare	7.4%	$1,194,217,466	5
Basic Materials	5.8%	$939,462,572	4
Consumer Defensive	2.7%	$430,699,378	3

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

8 positions

Ticker	Company	Δ Shares	Shares	Value
KLAC	Kla Corp	+2,062,660	2,169,700	$654,620,187
AMZN	Amazon Com Inc	+1,265,600	2,778,800	$662,299,192
HDB	Hdfc Bank Ltd	+597,462	4,379,846	$113,131,422
SPGI	S&P Global Inc.	+128,847	661,225	$254,768,670
CME	Cme Group Inc.	+124,736	2,719,347	$600,513,398
ADI	Analog Devices Inc	+59,479	883,993	$351,095,499
MA	Mastercard Inc	+21,571	1,832,012	$940,921,363
MTD	Mettler Toledo International Inc/	+3,336	326,120	$416,621,561
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
GOOGL	Alphabet Inc.	−566,974	4,607,821	$1,646,696,990
GGG	Graco Inc	−439,751	3,185,789	$240,877,506
CPRT	Copart Inc	−436,300	7,913,707	$223,087,400
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−328,485	4,959,994	$2,368,744,334
MSFT	Microsoft Corp	−279,496	2,586,687	$964,885,984
CARR	CARRIER GLOBAL Corp	−239,502	6,333,408	$464,555,476
OTIS	Otis Worldwide Corp	−203,428	4,290,454	$307,196,506
PEP	Pepsico Inc	−202,669	2,182,458	$295,504,813
TJX	Tjx Companies Inc /De/	−153,965	3,754,345	$568,783,267
SHW	Sherwin Williams Co	−101,765	1,564,628	$538,732,712
LOW	Lowes Companies Inc	−95,128	770,942	$169,985,001
CL	Colgate Palmolive Co	−87,890	1,462,799	$134,109,412
HLT	Hilton Worldwide Holdings Inc.	−76,020	660,714	$218,339,548
MCO	Moodys Corp /De/	−65,823	2,283,961	$1,034,451,616
JNJ	Johnson & Johnson	−54,826	1,733,844	$440,344,360
HAYW	Hayward Holdings, Inc.	−37,600	65,568	$1,134,982
MSCI	MSCI Inc.	−33,224	943,550	$528,425,742
AZO	Autozone Inc	−12,585	244,260	$780,640,279
TREX	Trex Co Inc	−7,800	12,069	$603,932
FSS	Federal Signal Corp /De/	−7,200	15,986	$2,054,041
FND	Floor & Decor Holdings, Inc.	−7,000	14,300	$848,848
WH	Wyndham Hotels & Resorts, Inc.	−6,500	6,650	$559,996
DCI	DONALDSON Co INC	−5,900	8,328	$747,604
EXPO	Exponent Inc	−5,200	11,794	$693,015
JBTM	JBT MAREL Corp	−4,700	8,229	$1,193,205
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
LIN	Linde PLC	769,783	$399,471,190
AON	Aon plc	799,293	$265,117,495
CNI	Canadian National Railway Co	2,034,355	$242,576,490
STVN	Stevanato Group S.p.A.	38,135	$689,099
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
SUNB	Sunbelt Rentals Holdings, Inc.	1,472,137	$95,821,397
NKE	NIKE, Inc.	1,760,835	$93,007,304
FDS	Factset Research Systems Inc	387,784	$84,145,250
POWI	Power Integrations Inc	8,500	$435,200
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

44 tracked positions · $16,176,003,253 total · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	4,959,994	-328,485	$2,368,744,334	+32.5%	14.64%
GOOGL	Alphabet Inc. Communication Services	Reduced	4,607,821	-566,974	$1,646,696,990	+10.7%	10.18%
MCO	Moodys Corp /De/ Financial Services	Reduced	2,283,961	-65,823	$1,034,451,616	+0.9%	6.39%
MSFT	Microsoft Corp Technology	Reduced	2,586,687	-279,496	$964,885,984	−9.1%	5.96%
MA	Mastercard Inc Financial Services	Added	1,832,012	+21,571	$940,921,363	+4.0%	5.82%
AZO	Autozone Inc Consumer Cyclical	Reduced	244,260	-12,585	$780,640,279	−10.0%	4.83%
AMZN	Amazon Com Inc Consumer Cyclical	Added	2,778,800	+1,265,600	$662,299,192	+110.2%	4.09%
KLAC	Kla Corp Technology	Added	2,169,700	+2,062,660	$654,620,187	+315.4%	4.05%
CME	Cme Group Inc. Financial Services	Added	2,719,347	+124,736	$600,513,398	−21.6%	3.71%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	3,754,345	-153,965	$568,783,267	−8.9%	3.52%
SHW	Sherwin Williams Co Basic Materials	Reduced	1,564,628	-101,765	$538,732,712	+0.9%	3.33%
MSCI	MSCI Inc. Financial Services	Reduced	943,550	-33,224	$528,425,742	+0.4%	3.27%
CARR	CARRIER GLOBAL Corp Industrials	Reduced	6,333,408	-239,502	$464,555,476	+25.5%	2.87%
JNJ	Johnson & Johnson Healthcare	Reduced	1,733,844	-54,826	$440,344,360	+0.7%	2.72%
MTD	Mettler Toledo International Inc/ Healthcare	Added	326,120	+3,336	$416,621,561	+2.3%	2.58%
LIN	Linde PLC Basic Materials	NEW	769,783	NEW	$399,471,190	NEW	2.47%
ADI	Analog Devices Inc Technology	Added	883,993	+59,479	$351,095,499	+33.8%	2.17%
UNH	Unitedhealth Group Inc Healthcare	Reduced	807,522	-1,351	$335,630,368	+53.3%	2.07%
OTIS	Otis Worldwide Corp Industrials	Reduced	4,290,454	-203,428	$307,196,506	−11.3%	1.90%
PEP	Pepsico Inc Consumer Defensive	Reduced	2,182,458	-202,669	$295,504,813	−20.2%	1.83%
AON	Aon plc Financial Services	NEW	799,293	NEW	$265,117,495	NEW	1.64%
SPGI	S&P Global Inc. Financial Services	Added	661,225	+128,847	$254,768,670	+12.5%	1.57%
CNI	Canadian National Railway Co Industrials	NEW	2,034,355	NEW	$242,576,490	NEW	1.50%
GGG	Graco Inc Industrials	Reduced	3,185,789	-439,751	$240,877,506	−21.5%	1.49%
CPRT	Copart Inc Industrials	Reduced	7,913,707	-436,300	$223,087,400	−19.5%	1.38%
HLT	Hilton Worldwide Holdings Inc. Consumer Cyclical	Reduced	660,714	-76,020	$218,339,548	−2.5%	1.35%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	770,942	-95,128	$169,985,001	−16.9%	1.05%
CL	Colgate Palmolive Co Consumer Defensive	Reduced	1,462,799	-87,890	$134,109,412	+1.5%	0.83%
HDB	Hdfc Bank Ltd Financial Services	Added	4,379,846	+597,462	$113,131,422	+20.2%	0.70%
FSS	Federal Signal Corp /De/ Industrials	Reduced	15,986	-7,200	$2,054,041	−18.1%	0.01%
JBTM	JBT MAREL Corp Industrials	Reduced	8,229	-4,700	$1,193,205	−27.8%	0.01%
HLI	Houlihan Lokey, Inc. Financial Services	Reduced	8,794	-4,500	$1,179,539	−38.2%	0.01%
HAYW	Hayward Holdings, Inc. Industrials	Reduced	65,568	-37,600	$1,134,982	−17.8%	0.01%
IPAR	Interparfums Inc Consumer Defensive	Reduced	9,701	-4,000	$1,085,153	−12.8%	0.01%
MEDP	Medpace Holdings, Inc. Healthcare	Reduced	1,760	-880	$932,078	−26.5%	0.01%
JKHY	Jack Henry & Associates Inc Technology	Reduced	6,500	-2,100	$895,310	−34.1%	0.01%
FND	Floor & Decor Holdings, Inc. Consumer Cyclical	Reduced	14,300	-7,000	$848,848	−21.6%	0.01%
WDFC	Wd 40 Co Basic Materials	Reduced	3,439	-1,800	$837,877	−21.6%	0.01%
DCI	DONALDSON Co INC Industrials	Reduced	8,328	-5,900	$747,604	−38.1%	0.00%
EXPO	Exponent Inc Industrials	Reduced	11,794	-5,200	$693,015	−37.5%	0.00%
STVN	Stevanato Group S.p.A. Healthcare	NEW	38,135	NEW	$689,099	NEW	0.00%
TREX	Trex Co Inc Industrials	Reduced	12,069	-7,800	$603,932	−16.5%	0.00%
WH	Wyndham Hotels & Resorts, Inc. Consumer Cyclical	Reduced	6,650	-6,500	$559,996	−47.6%	0.00%
SSD	Simpson Manufacturing Co., Inc. Basic Materials	Reduced	2,010	-1,500	$420,793	−30.1%	0.00%

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.