Filed: 10/17/2025ACC: 0001172661-25-004313
📋 What this filing means
PINESTONE ASSET MANAGEMENT INC. filed this quarterly 13F‑HR report disclosing 43 equity positions with a total reported market value of $16.07B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
43
Positions
$16.07B
Total AUM (reported)
77.43M
Total Shares
Allocation by class
COM$11.37B70.7%
SPONSORED ADS$2.11B13.1%
CAP STK CL A$1.56B9.7%
CL A$925.53M5.8%
CL B$114.73M0.7%
Portfolio Concentration
Top 3$4.89B30.4%
4–10$5.97B37.2%
11–25$4.73B29.4%
Rest$480.08M3.0%
Top 3 weight
30.4%
Top 10 weight
67.6%
Voting Authority Distribution
Total shares with voting rights: 77.43M
Sole
Full voting authority
77.43M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole43
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings43
Rows:
TAIWAN SEMICONDUCTOR MFG LTD
SOLEShares6.55M
TypeSH
Market value$1.83B
11.38%
Sole
6.55M
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares6.40M
TypeSH
Market value$1.56B
9.68%
Sole
6.40M
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares2.91M
TypeSH
Market value$1.51B
9.37%
Sole
2.91M
Shared
0.00
None
0.00
AUTOZONE INC
SOLEShares265.31K
TypeSH
Market value$1.14B
7.08%
Sole
265.31K
Shared
0.00
None
0.00
MOODYS CORP
SOLEShares2.26M
TypeSH
Market value$1.08B
6.71%
Sole
2.26M
Shared
0.00
None
0.00
ORACLE CORP
SOLEShares3.43M
TypeSH
Market value$964.48M
6.00%
Sole
3.43M
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
SOLEShares1.59M
TypeSH
Market value$901.96M
5.61%
Sole
1.59M
Shared
0.00
None
0.00
CME GROUP INC
SOLEShares2.57M
TypeSH
Market value$694.41M
4.32%
Sole
2.57M
Shared
0.00
None
0.00
TJX COS INC NEW
SOLEShares4.34M
TypeSH
Market value$627.09M
3.90%
Sole
4.34M
Shared
0.00
None
0.00
SHERWIN WILLIAMS CO
SOLEShares1.65M
TypeSH
Market value$569.90M
3.55%
Sole
1.65M
Shared
0.00
None
0.00
MSCI INC
SOLEShares961.84K
TypeSH
Market value$545.76M
3.40%
Sole
961.84K
Shared
0.00
None
0.00
OTIS WORLDWIDE CORP
SOLEShares4.52M
TypeSH
Market value$412.95M
2.57%
Sole
4.52M
Shared
0.00
None
0.00
METTLER TOLEDO INTERNATIONAL
SOLEShares323.57K
TypeSH
Market value$397.22M
2.47%
Sole
323.57K
Shared
0.00
None
0.00
JOHNSON & JOHNSON
SOLEShares2.09M
TypeSH
Market value$387.60M
2.41%
Sole
2.09M
Shared
0.00
None
0.00
COPART INC
SOLEShares7.72M
TypeSH
Market value$347.29M
2.16%
Sole
7.72M
Shared
0.00
None
0.00
PEPSICO INC
SOLEShares2.43M
TypeSH
Market value$340.83M
2.12%
Sole
2.43M
Shared
0.00
None
0.00
GRACO INC
SOLEShares3.80M
TypeSH
Market value$323.04M
2.01%
Sole
3.80M
Shared
0.00
None
0.00
CARRIER GLOBAL CORPORATION
SOLEShares5.32M
TypeSH
Market value$317.33M
1.97%
Sole
5.32M
Shared
0.00
None
0.00
S&P GLOBAL INC
SOLEShares602.87K
TypeSH
Market value$293.43M
1.83%
Sole
602.87K
Shared
0.00
None
0.00
HDFC BANK LTD
SOLEShares8.16M
TypeSH
Market value$278.87M
1.74%
Sole
8.16M
Shared
0.00
None
0.00
UNITEDHEALTH GROUP INC
SOLEShares774.62K
TypeSH
Market value$267.48M
1.66%
Sole
774.62K
Shared
0.00
None
0.00
LOWES COS INC
SOLEShares972.65K
TypeSH
Market value$244.44M
1.52%
Sole
972.65K
Shared
0.00
None
0.00
ANALOG DEVICES INC
SOLEShares924.98K
TypeSH
Market value$227.27M
1.41%
Sole
924.98K
Shared
0.00
None
0.00
HILTON WORLDWIDE HLDGS INC
SOLEShares833.72K
TypeSH
Market value$216.30M
1.35%
Sole
833.72K
Shared
0.00
None
0.00
COLGATE PALMOLIVE CO
SOLEShares1.60M
TypeSH
Market value$128.23M
0.80%
Sole
1.60M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
TAIWAN SEMICONDUCTOR MFG LTDSOLE | SPONSORED ADS | 6.55M | SH | $1.83B 11.38% | 6.55M | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 6.40M | SH | $1.56B 9.68% | 6.40M | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 2.91M | SH | $1.51B 9.37% | 2.91M | 0.00 | 0.00 |
AUTOZONE INCSOLE | COM | 265.31K | SH | $1.14B 7.08% | 265.31K | 0.00 | 0.00 |
MOODYS CORPSOLE | COM | 2.26M | SH | $1.08B 6.71% | 2.26M | 0.00 | 0.00 |
ORACLE CORPSOLE | COM | 3.43M | SH | $964.48M 6.00% | 3.43M | 0.00 | 0.00 |
MASTERCARD INCORPORATEDSOLE | CL A | 1.59M | SH | $901.96M 5.61% | 1.59M | 0.00 | 0.00 |
CME GROUP INCSOLE | COM | 2.57M | SH | $694.41M 4.32% | 2.57M | 0.00 | 0.00 |
TJX COS INC NEWSOLE | COM | 4.34M | SH | $627.09M 3.90% | 4.34M | 0.00 | 0.00 |
SHERWIN WILLIAMS COSOLE | COM | 1.65M | SH | $569.90M 3.55% | 1.65M | 0.00 | 0.00 |
MSCI INCSOLE | COM | 961.84K | SH | $545.76M 3.40% | 961.84K | 0.00 | 0.00 |
OTIS WORLDWIDE CORPSOLE | COM | 4.52M | SH | $412.95M 2.57% | 4.52M | 0.00 | 0.00 |
METTLER TOLEDO INTERNATIONALSOLE | COM | 323.57K | SH | $397.22M 2.47% | 323.57K | 0.00 | 0.00 |
JOHNSON & JOHNSONSOLE | COM | 2.09M | SH | $387.60M 2.41% | 2.09M | 0.00 | 0.00 |
COPART INCSOLE | COM | 7.72M | SH | $347.29M 2.16% | 7.72M | 0.00 | 0.00 |
PEPSICO INCSOLE | COM | 2.43M | SH | $340.83M 2.12% | 2.43M | 0.00 | 0.00 |
GRACO INCSOLE | COM | 3.80M | SH | $323.04M 2.01% | 3.80M | 0.00 | 0.00 |
CARRIER GLOBAL CORPORATIONSOLE | COM | 5.32M | SH | $317.33M 1.97% | 5.32M | 0.00 | 0.00 |
S&P GLOBAL INCSOLE | COM | 602.87K | SH | $293.43M 1.83% | 602.87K | 0.00 | 0.00 |
HDFC BANK LTDSOLE | SPONSORED ADS | 8.16M | SH | $278.87M 1.74% | 8.16M | 0.00 | 0.00 |
UNITEDHEALTH GROUP INCSOLE | COM | 774.62K | SH | $267.48M 1.66% | 774.62K | 0.00 | 0.00 |
LOWES COS INCSOLE | COM | 972.65K | SH | $244.44M 1.52% | 972.65K | 0.00 | 0.00 |
ANALOG DEVICES INCSOLE | COM | 924.98K | SH | $227.27M 1.41% | 924.98K | 0.00 | 0.00 |
HILTON WORLDWIDE HLDGS INCSOLE | COM | 833.72K | SH | $216.30M 1.35% | 833.72K | 0.00 | 0.00 |
COLGATE PALMOLIVE COSOLE | COM | 1.60M | SH | $128.23M 0.80% | 1.60M | 0.00 | 0.00 |
Page 1 of 2