CLARKSTON CAPITAL PARTNERS, LLC

PrivateCIK: 1562855

Location

ROCHESTER, MI

Positions

$1.31B

Total AUM (reported)

80.75M

Total Shares

Allocation by class

COM$965.95M73.7%

ORD SHS$109.14M8.3%

CL A$51.69M3.9%

SUB VTG SHS$38.79M3.0%

CL B$28.64M2.2%

CLASS A COM SHS$24.79M1.9%

COM NEW$20.08M1.5%

Portfolio Concentration

Top 3$313.15M23.9%

4–10$325.68M24.9%

11–25$399.62M30.5%

Rest$272.10M20.8%

Top 3 weight

23.9%

Top 10 weight

48.7%

Voting Authority Distribution

Total shares with voting rights: 80.75M

Sole

Full voting authority

71.62M

% of voting shares88.7%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

9.13M

% of voting shares11.3%

Investment Discretion (by position count)

Sole90

Shared0

Other8

Dominant voting typeSole · 88.7% of voting shares

Institutional Holdings98

Rows:

POST HLDGS INC

SOLE

COM

Shares1.19M

TypeSH

Market value$117.95M

9.00%

Sole

1.02M

Shared

0.00

None

170.70K

CLARIVATE PLC

SOLE

ORD SHS

Shares42.85M

TypeSH

Market value$108.40M

8.27%

Sole

38.60M

Shared

0.00

None

4.25M

AFFILIATED MANAGERS GROUP

SOLE

COM

Shares313.71K

TypeSH

Market value$86.80M

6.62%

Sole

268.53K

Shared

0.00

None

45.17K

AVANTOR INC

SOLE

COM

Shares8.63M

TypeSH

Market value$67.65M

5.16%

Sole

7.32M

Shared

0.00

None

1.31M

CCC INTELLIGENT SOLUTIONS HL

SOLE

COM

Shares9.58M

TypeSH

Market value$57.46M

4.38%

Sole

8.07M

Shared

0.00

None

1.51M

LKQ CORP

SOLE

COM

Shares1.54M

TypeSH

Market value$45.16M

3.45%

Sole

1.30M

Shared

0.00

None

241.25K

LAMB WESTON HLDGS INC

SOLE

COM

Shares990.71K

TypeSH

Market value$41.87M

3.19%

Sole

814.96K

Shared

0.00

None

175.75K

GFL ENVIRONMENTAL INC

SOLE

SUB VTG SHS

Shares929.86K

TypeSH

Market value$38.79M

2.96%

Sole

779.14K

Shared

0.00

None

150.72K

MIDDLEBY CORP

SOLE

COM

Shares289.52K

TypeSH

Market value$38.38M

2.93%

Sole

254.86K

Shared

0.00

None

34.66K

GARTNER INC

SOLE

COM

Shares229.59K

TypeSH

Market value$36.35M

2.77%

Sole

189.47K

Shared

0.00

None

40.12K

WILEY JOHN & SONS INC

SOLE

CL A

Shares942.56K

TypeSH

Market value$35.91M

2.74%

Sole

941.35K

Shared

0.00

None

1.21K

SCHEIN HENRY INC

SOLE

COM

Shares484.17K

TypeSH

Market value$35.68M

2.72%

Sole

408.77K

Shared

0.00

None

75.40K

ROPER TECHNOLOGIES INC

SOLE

COM

Shares94.43K

TypeSH

Market value$33.41M

2.55%

Sole

81.37K

Shared

0.00

None

13.05K

ENVISTA HOLDINGS CORPORATION

SOLE

COM

Shares1.18M

TypeSH

Market value$29.99M

2.29%

Sole

1.18M

Shared

0.00

None

1.50K

LPL FINL HLDGS INC

SOLE

COM

Shares96.40K

TypeSH

Market value$29.00M

2.21%

Sole

82.91K

Shared

0.00

None

13.49K

MOLSON COORS BEVERAGE CO

SOLE

CL B

Shares665.18K

TypeSH

Market value$28.64M

2.19%

Sole

519.49K

Shared

0.00

None

145.70K

BROWN & BROWN INC

SOLE

COM

Shares414.86K

TypeSH

Market value$27.05M

2.06%

Sole

354.59K

Shared

0.00

None

60.27K

US FOODS HLDG CORP

SOLE

COM

Shares289.57K

TypeSH

Market value$26.70M

2.04%

Sole

234.30K

Shared

0.00

None

55.27K

PRIMO BRANDS CORPORATION

SOLE

CLASS A COM SHS

Shares1.32M

TypeSH

Market value$24.79M

1.89%

Sole

1.09M

Shared

0.00

None

225.95K

ENERGIZER HLDGS INC

SOLE

COM

Shares1.40M

TypeSH

Market value$22.96M

1.75%

Sole

1.40M

Shared

0.00

None

1.60K

WAYSTAR HLDG CORP

SOLE

COM

Shares950.53K

TypeSH

Market value$22.92M

1.75%

Sole

949.46K

Shared

0.00

None

1.07K

IQVIA HLDGS INC

SOLE

COM

Shares130.42K

TypeSH

Market value$22.24M

1.70%

Sole

93.42K

Shared

0.00

None

37K

BECTON DICKINSON & CO

SOLE

COM

Shares131.11K

TypeSH

Market value$20.61M

1.57%

Sole

91.11K

Shared

0.00

None

40K

NEOGEN CORP

SOLE

COM

Shares2.20M

TypeSH

Market value$20.48M

1.56%

Sole

2.20M

Shared

0.00

None

2.60K

FORTIVE CORP

SOLE

COM

Shares347.73K

TypeSH

Market value$19.22M

1.47%

Sole

232.73K

Shared

0.00

None

115K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
POST HLDGS INCSOLE	COM	1.19M	SH	$117.95M 9.00%	1.02M	170.70K
CLARIVATE PLCSOLE	ORD SHS	42.85M	SH	$108.40M 8.27%	38.60M	4.25M
AFFILIATED MANAGERS GROUPSOLE	COM	313.71K	SH	$86.80M 6.62%	268.53K	45.17K
AVANTOR INCSOLE	COM	8.63M	SH	$67.65M 5.16%	7.32M	1.31M
CCC INTELLIGENT SOLUTIONS HLSOLE	COM	9.58M	SH	$57.46M 4.38%	8.07M	1.51M
LKQ CORPSOLE	COM	1.54M	SH	$45.16M 3.45%	1.30M	241.25K
LAMB WESTON HLDGS INCSOLE	COM	990.71K	SH	$41.87M 3.19%	814.96K	175.75K
GFL ENVIRONMENTAL INCSOLE	SUB VTG SHS	929.86K	SH	$38.79M 2.96%	779.14K	150.72K
MIDDLEBY CORPSOLE	COM	289.52K	SH	$38.38M 2.93%	254.86K	34.66K
GARTNER INCSOLE	COM	229.59K	SH	$36.35M 2.77%	189.47K	40.12K
WILEY JOHN & SONS INCSOLE	CL A	942.56K	SH	$35.91M 2.74%	941.35K	1.21K
SCHEIN HENRY INCSOLE	COM	484.17K	SH	$35.68M 2.72%	408.77K	75.40K
ROPER TECHNOLOGIES INCSOLE	COM	94.43K	SH	$33.41M 2.55%	81.37K	13.05K
ENVISTA HOLDINGS CORPORATIONSOLE	COM	1.18M	SH	$29.99M 2.29%	1.18M	1.50K
LPL FINL HLDGS INCSOLE	COM	96.40K	SH	$29.00M 2.21%	82.91K	13.49K
MOLSON COORS BEVERAGE COSOLE	CL B	665.18K	SH	$28.64M 2.19%	519.49K	145.70K
BROWN & BROWN INCSOLE	COM	414.86K	SH	$27.05M 2.06%	354.59K	60.27K
US FOODS HLDG CORPSOLE	COM	289.57K	SH	$26.70M 2.04%	234.30K	55.27K
PRIMO BRANDS CORPORATIONSOLE	CLASS A COM SHS	1.32M	SH	$24.79M 1.89%	1.09M	225.95K
ENERGIZER HLDGS INCSOLE	COM	1.40M	SH	$22.96M 1.75%	1.40M	1.60K
WAYSTAR HLDG CORPSOLE	COM	950.53K	SH	$22.92M 1.75%	949.46K	1.07K
IQVIA HLDGS INCSOLE	COM	130.42K	SH	$22.24M 1.70%	93.42K	37K
BECTON DICKINSON & COSOLE	COM	131.11K	SH	$20.61M 1.57%	91.11K	40K
NEOGEN CORPSOLE	COM	2.20M	SH	$20.48M 1.56%	2.20M	2.60K
FORTIVE CORPSOLE	COM	347.73K	SH	$19.22M 1.47%	232.73K	115K

Page 1 of 4