M.D. SASS, LLC

Filed: 11/5/2025ACC: 0001172661-25-004587

📋 What this filing means

M.D. SASS, LLC filed this quarterly 13F‑HR report disclosing 35 equity positions with a total reported market value of $1.23B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$1.23B

Total AUM (reported)

15.80M

Total Shares

Allocation by class

COM$880.64M71.8%

CL A$92.66M7.6%

COM STK$66.63M5.4%

CLASS A COM SHS$54.46M4.4%

SHS CL A$38.26M3.1%

ORD SHS$38.13M3.1%

COM LBTY ONE S C$35.52M2.9%

Portfolio Concentration

Top 3$235.26M19.2%

4–10$427.81M34.9%

11–25$521.55M42.5%

Rest$42.53M3.5%

Top 3 weight

19.2%

Top 10 weight

54.0%

Voting Authority Distribution

Total shares with voting rights: 15.80M

Sole

Full voting authority

14.37M

% of voting shares90.9%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

1.43M

% of voting shares9.1%

Investment Discretion (by position count)

Sole35

Shared0

Other0

Dominant voting typeSole · 90.9% of voting shares

Institutional Holdings35

Rows:

HENRY SCHEIN INC

SOLE

COM

Shares1.31M

TypeSH

Market value$87.25M

7.11%

Sole

1.24M

Shared

0.00

None

77.96K

WILLIAMS COS INC

SOLE

COM

Shares1.19M

TypeSH

Market value$75.57M

6.16%

Sole

1.12M

Shared

0.00

None

72.65K

DANAHER CORPORATION

SOLE

COM

Shares365.39K

TypeSH

Market value$72.44M

5.90%

Sole

365.39K

Shared

0.00

None

0.00

AMETEK INC

SOLE

COM

Shares376.87K

TypeSH

Market value$70.85M

5.77%

Sole

376.87K

Shared

0.00

None

0.00

API GROUP CORP

SOLE

COM STK

Shares1.94M

TypeSH

Market value$66.63M

5.43%

Sole

1.68M

Shared

0.00

None

260.24K

MARTIN MARIETTA MATLS INC

SOLE

COM

Shares97.23K

TypeSH

Market value$61.29M

4.99%

Sole

93.61K

Shared

0.00

None

3.63K

CLEAN HARBORS INC

SOLE

COM

Shares259.66K

TypeSH

Market value$60.30M

4.91%

Sole

251.45K

Shared

0.00

None

8.21K

WELLTOWER INC

SOLE

COM

Shares326.83K

TypeSH

Market value$58.22M

4.74%

Sole

314.50K

Shared

0.00

None

12.34K

CANADIAN PACIFIC KANSAS CITY

SOLE

COM

Shares745.38K

TypeSH

Market value$55.52M

4.52%

Sole

745.38K

Shared

0.00

None

0.00

INTERCONTINENTAL EXCHANGE IN

SOLE

COM

Shares326.46K

TypeSH

Market value$55.00M

4.48%

Sole

301.46K

Shared

0.00

None

25K

PRIMO BRANDS CORPORATION

SOLE

CLASS A COM SHS

Shares2.46M

TypeSH

Market value$54.46M

4.44%

Sole

2.36M

Shared

0.00

None

100.37K

SOMNIGROUP INTERNATIONAL INC

SOLE

COM

Shares581.74K

TypeSH

Market value$49.06M

4.00%

Sole

552.14K

Shared

0.00

None

29.60K

SLM CORP

SOLE

COM

Shares1.73M

TypeSH

Market value$47.88M

3.90%

Sole

1.63M

Shared

0.00

None

99.96K

CAPITAL ONE FINL CORP

SOLE

COM

Shares224.14K

TypeSH

Market value$47.65M

3.88%

Sole

224.14K

Shared

0.00

None

0.00

CBRE GROUP INC

SOLE

CL A

Shares293.67K

TypeSH

Market value$46.27M

3.77%

Sole

285.35K

Shared

0.00

None

8.32K

AMPHENOL CORP NEW

SOLE

CL A

Shares336.40K

TypeSH

Market value$41.63M

3.39%

Sole

287.77K

Shared

0.00

None

48.63K

AON PLC

SOLE

SHS CL A

Shares107.30K

TypeSH

Market value$38.26M

3.12%

Sole

107.30K

Shared

0.00

None

0.00

ALCON AG

SOLE

ORD SHS

Shares511.80K

TypeSH

Market value$38.13M

3.11%

Sole

506.25K

Shared

0.00

None

5.55K

QUANTA SVCS INC

SOLE

COM

Shares91.05K

TypeSH

Market value$37.73M

3.07%

Sole

85.86K

Shared

0.00

None

5.19K

LIBERTY MEDIA CORP DEL

SOLE

COM LBTY ONE S C

Shares340.09K

TypeSH

Market value$35.52M

2.89%

Sole

317.35K

Shared

0.00

None

22.74K

STANDARDAERO INC

SOLE

COM

Shares1.17M

TypeSH

Market value$32.06M

2.61%

Sole

1.06M

Shared

0.00

None

114.25K

CROWN HLDGS INC

SOLE

COM

Shares297.56K

TypeSH

Market value$28.74M

2.34%

Sole

248.93K

Shared

0.00

None

48.63K

AMAZON COM INC

SOLE

COM

Shares40.57K

TypeSH

Market value$8.91M

0.73%

Sole

2.79K

Shared

0.00

None

37.78K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares11.80K

TypeSH

Market value$7.86M

0.64%

Sole

11.80K

Shared

0.00

None

0.00

PALO ALTO NETWORKS INC

SOLE

COM

Shares36.23K

TypeSH

Market value$7.38M

0.60%

Sole

30.90K

Shared

0.00

None

5.33K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
HENRY SCHEIN INCSOLE	COM	1.31M	SH	$87.25M 7.11%	1.24M	77.96K
WILLIAMS COS INCSOLE	COM	1.19M	SH	$75.57M 6.16%	1.12M	72.65K
DANAHER CORPORATIONSOLE	COM	365.39K	SH	$72.44M 5.90%	365.39K	0.00
AMETEK INCSOLE	COM	376.87K	SH	$70.85M 5.77%	376.87K	0.00
API GROUP CORPSOLE	COM STK	1.94M	SH	$66.63M 5.43%	1.68M	260.24K
MARTIN MARIETTA MATLS INCSOLE	COM	97.23K	SH	$61.29M 4.99%	93.61K	3.63K
CLEAN HARBORS INCSOLE	COM	259.66K	SH	$60.30M 4.91%	251.45K	8.21K
WELLTOWER INCSOLE	COM	326.83K	SH	$58.22M 4.74%	314.50K	12.34K
CANADIAN PACIFIC KANSAS CITYSOLE	COM	745.38K	SH	$55.52M 4.52%	745.38K	0.00
INTERCONTINENTAL EXCHANGE INSOLE	COM	326.46K	SH	$55.00M 4.48%	301.46K	25K
PRIMO BRANDS CORPORATIONSOLE	CLASS A COM SHS	2.46M	SH	$54.46M 4.44%	2.36M	100.37K
SOMNIGROUP INTERNATIONAL INCSOLE	COM	581.74K	SH	$49.06M 4.00%	552.14K	29.60K
SLM CORPSOLE	COM	1.73M	SH	$47.88M 3.90%	1.63M	99.96K
CAPITAL ONE FINL CORPSOLE	COM	224.14K	SH	$47.65M 3.88%	224.14K	0.00
CBRE GROUP INCSOLE	CL A	293.67K	SH	$46.27M 3.77%	285.35K	8.32K
AMPHENOL CORP NEWSOLE	CL A	336.40K	SH	$41.63M 3.39%	287.77K	48.63K
AON PLCSOLE	SHS CL A	107.30K	SH	$38.26M 3.12%	107.30K	0.00
ALCON AGSOLE	ORD SHS	511.80K	SH	$38.13M 3.11%	506.25K	5.55K
QUANTA SVCS INCSOLE	COM	91.05K	SH	$37.73M 3.07%	85.86K	5.19K
LIBERTY MEDIA CORP DELSOLE	COM LBTY ONE S C	340.09K	SH	$35.52M 2.89%	317.35K	22.74K
STANDARDAERO INCSOLE	COM	1.17M	SH	$32.06M 2.61%	1.06M	114.25K
CROWN HLDGS INCSOLE	COM	297.56K	SH	$28.74M 2.34%	248.93K	48.63K
AMAZON COM INCSOLE	COM	40.57K	SH	$8.91M 0.73%	2.79K	37.78K
SPDR S&P 500 ETF TRSOLE	TR UNIT	11.80K	SH	$7.86M 0.64%	11.80K	0.00
PALO ALTO NETWORKS INCSOLE	COM	36.23K	SH	$7.38M 0.60%	30.90K	5.33K

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