Findlay Park Partners LLP
CIK 1351950 · EDGAR ↗
- sum of disclosed values for 2026-03-31; 0 positions have no disclosed value and are left out of the sum, counted here rather than dropped
- $7.2B
- every reported holding for this filer and quarter, including ones with no disclosed value
- 56
- positions with no comparable holding in the prior quarter (kind new), 2026-03-31
- 5
- positions absent from this quarter's filing after being held last quarter (kind exit), 2026-03-31 — inferred from absence, not a sale record
- 6
Quarter-end snapshot, filed up to 45 days later — not current holdings. What a 13F covers ↓
Changes · Quarter ended 2026-03-31. Newest filing in this build: 2026-07-31. Per-row filing dates are on each receipt.
by shares · How classified ↗Period
| The reviewed ticker for the filed issuer name and share class, the same mapping the Reported positions table uses. Symbols are never inferred from names; — means no reviewed mapping. | position matched across quarters by exact reported CUSIP over a registry gap — never a name match | NEW / ADD / TRIM / EXIT by share count · NO CHANGE = same shares; the value moved with price, so never an ADD or a TRIM · EXIT = absent this quarter (disposed, delisted, confidential, or reported by an affiliate) — the filing does not say which · NO PRIOR = no comparable prior quarter on record (a first filing, or a quarter filed inside an affiliate's report), so not called a new stake · n/c = not classifiable: value undisclosed on one side of the pair, or neither shares nor value can classify it · †v: the reported share count is unchanged across the pair; this build's data classified the change from its reported value; builds from 2026-09-10 on read it as NO CHANGE | derived by Public Filings from the published data; “no value” means the source did not disclose a usable value — never zero | Prev value | Curr value | Prev shares | Curr shares | |
|---|---|---|---|---|---|---|---|---|
| a reviewed mapping row for this filed issuer name and share class (never inferred from the name) | share class as filed: COM · position key pos:11045 · issuer key iss:947 | ADD | +$55.5M | +181,326 | $214M | $269M | 1,230,902 | 1,412,228 |
| a reviewed mapping row for this filed issuer name and share class (never inferred from the name) | share class as filed: COM · position key pos:12449 · issuer key iss:621 | ADD | +$112M | +400,400 | $144M | $257M | 1,374,509 | 1,774,909 |
| a reviewed mapping row for this filed issuer name and share class (never inferred from the name) | share class as filed: COM STK · position key pos:11066 · issuer key iss:15 | TRIM | −$26.2M | −1,038,436 | $269M | $242M | 7,020,134 | 5,981,698 |
| a reviewed mapping row for this filed issuer name and share class (never inferred from the name) | share class as filed: COM · position key pos:16854 · issuer key iss:1767 | ADD | +$109M | +141,360 | $129M | $239M | 252,979 | 394,339 |
| a reviewed mapping row for this filed issuer name and share class (never inferred from the name) | share class as filed: CL B NEW · position key pos:11205 · issuer key iss:255 | ADD | +$52.1M | +126,240 | $180M | $232M | 358,396 | 484,636 |
| a reviewed mapping row for this filed issuer name and share class (never inferred from the name) | share class as filed: COM · position key pos:12941 · issuer key iss:1993 | TRIM | +$39.0M | −226,100 | $192M | $231M | 1,415,100 | 1,189,000 |
| a reviewed mapping row for this filed issuer name and share class (never inferred from the name) | share class as filed: ORD · position key pos:11017 · issuer key iss:2082 | ADD | −$20.9M | +177,900 | $251M | $230M | 2,013,711 | 2,191,611 |
| a reviewed mapping row for this filed issuer name and share class (never inferred from the name) | share class as filed: COM · position key pos:16841 · issuer key iss:1791 | TRIM | +$490K | −138,000 | $229M | $230M | 1,321,131 | 1,183,131 |
| a reviewed mapping row for this filed issuer name and share class (never inferred from the name) | share class as filed: COM · position key pos:15035 · issuer key iss:505 | ADD | +$87.8M | +244,500 | $135M | $223M | 1,445,871 | 1,690,371 |
| a reviewed mapping row for this filed issuer name and share class (never inferred from the name) | share class as filed: COM · position key pos:17734 · issuer key iss:1055 | ADD | +$93.7M | +173,400 | $115M | $209M | 565,252 | 738,652 |
| a reviewed mapping row for this filed issuer name and share class (never inferred from the name) | share class as filed: COM · position key pos:17128 · issuer key iss:385 | ADD | +$73.7M | +671,000 | $120M | $194M | 1,216,968 | 1,887,968 |
| a reviewed mapping row for this filed issuer name and share class (never inferred from the name) | share class as filed: COM · position key pos:10423 · issuer key iss:387 | TRIM | −$8.2M | −269,600 | $190M | $182M | 2,578,696 | 2,309,096 |
| a reviewed mapping row for this filed issuer name and share class (never inferred from the name) | share class as filed: COM LBTY ONE S C · position key pos:14426 · issuer key iss:1118 | TRIM | −$34.5M | −88,556 | $197M | $163M | 2,001,613 | 1,913,057 |
| a reviewed mapping row for this filed issuer name and share class (never inferred from the name) | share class as filed: COM · position key pos:14514 · issuer key iss:1987 | TRIM | −$45.7M | −234,400 | $207M | $162M | 686,200 | 451,800 |
| a reviewed mapping row for this filed issuer name and share class (never inferred from the name) | share class as filed: COM · position key pos:11796 · issuer key iss:1134 | TRIM | −$47.5M | −405,600 | $204M | $156M | 1,431,100 | 1,025,500 |
| a reviewed mapping row for this filed issuer name and share class (never inferred from the name) | share class as filed: COM · position key pos:15545 · issuer key iss:247 | NEW | +$155M | +983,500 | $0 | $155M | — | 983,500 |
| a reviewed mapping row for this filed issuer name and share class (never inferred from the name) | share class as filed: COM · position key pos:13319 · issuer key iss:53 | ADD | +$45.1M | +551,800 | $110M | $155M | 804,763 | 1,356,563 |
| a reviewed mapping row for this filed issuer name and share class (never inferred from the name) | share class as filed: COM · position key pos:10317 · issuer key iss:1960 | TRIM | −$28.9M | −50,160 | $183M | $155M | 666,926 | 616,766 |
| a reviewed mapping row for this filed issuer name and share class (never inferred from the name) | share class as filed: COM · position key pos:13832 · issuer key iss:996 | TRIM | −$92.4M | −15,800 | $247M | $154M | 372,185 | 356,385 |
| a reviewed mapping row for this filed issuer name and share class (never inferred from the name) | share class as filed: COM · position key pos:15144 · issuer key iss:556 | ADD | +$46.5M | +340,700 | $106M | $152M | 461,500 | 802,200 |
Flags: no row carries a flag.
1–20 of the 62 changes on this page
Holdings without a security ID are counted, not compared. Method ↗
Reported positions — 2026-03-31
56 positionsViewThis build carries one quarter for this manager: 2026-03-31. Notable managers carry four published quarters, others two.
| This list carries reported issuer names and security identities, without a dated ticker mapping. Symbols are not inferred from names. | a position composed from a base filing plus NEW-HOLDINGS amendments keeps every source row here; the composition's latest filed date is the one shown served from this build's published holdings (derived from the filer's own reported rows); every row resolves to its filing | Share of total reported value, calculated only when the full position list has disclosed values. This is 13F long value, not total assets. | value undisclosed on the filing: retained and counted, excluded from sums, never shown as $0 | Shares | Wt |
|---|---|---|---|---|---|
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | ITT INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $269M | 1,412,228 | 3.8% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | EOG RES INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $257M | 1,774,909 | 3.6% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | API GROUP CORP · COM STK CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $242M | 5,981,698 | 3.4% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | TELEDYNE TECHNOLOGIES INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $239M | 394,339 | 3.3% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | BERKSHIRE HATHAWAY INC DEL · CL B NEW CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $232M | 484,636 | 3.2% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | XPO INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $231M | 1,189,000 | 3.2% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | CRH PLC · ORD CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $230M | 2,191,611 | 3.2% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | TEXAS INSTRS INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $230M | 1,183,131 | 3.2% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | CONOCOPHILLIPS · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $223M | 1,690,371 | 3.1% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | KEYSIGHT TECHNOLOGIES INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $209M | 738,652 | 2.9% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | CANADIAN NATL RY CO · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $194M | 1,887,968 | 2.7% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | CANADIAN PACIFIC KANSAS CITY · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $182M | 2,309,096 | 2.5% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | LIBERTY MEDIA CORP DEL · COM LBTY ONE S C CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $163M | 1,913,057 | 2.3% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | WOODWARD INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $162M | 451,800 | 2.3% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | LIVE NATION ENTERTAINMENT IN · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $156M | 1,025,500 | 2.2% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | BECTON DICKINSON & CO · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $155M | 983,500 | 2.2% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | AGILENT TECHNOLOGIES INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $155M | 1,356,563 | 2.2% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | WEST PHARMACEUTICAL SVSC INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $155M | 616,766 | 2.2% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | INTUIT · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $154M | 356,385 | 2.1% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | DANAHER CORP DEL · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $152M | 802,200 | 2.1% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | STERIS PLC · SHS USD CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $149M | 674,755 | 2.1% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | MICROSOFT CORP · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $148M | 399,550 | 2.1% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | ROYAL GOLD INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $147M | 576,930 | 2.0% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | WATERS CORP · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $139M | 467,245 | 1.9% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | S&P GLOBAL INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $137M | 323,240 | 1.9% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | MASTERCARD INCORPORATED · CL A CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $136M | 271,410 | 1.9% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | UNITED RENTALS INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $135M | 185,488 | 1.9% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | WASTE CONNECTIONS INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $123M | 757,296 | 1.7% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | INTERCONTINENTAL EXCHANGE IN · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $121M | 770,669 | 1.7% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | SCHWAB CHARLES CORP · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $117M | 1,243,069 | 1.6% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | FERGUSON ENTERPRISES INC · COMMON STOCK NEW CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $116M | 496,710 | 1.6% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | MARTIN MARIETTA MATLS INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $114M | 194,302 | 1.6% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | STANDARDAERO INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $106M | 4,084,441 | 1.5% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | SLB LIMITED · COM STK CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $104M | 2,014,200 | 1.4% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | WYNDHAM HOTELS & RESORTS INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $100M | 1,235,600 | 1.4% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | CORE & MAIN INC · CL A CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $98.6M | 1,996,728 | 1.4% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | COOPER COS INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $94.9M | 1,327,500 | 1.3% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | HILTON WORLDWIDE HLDGS INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $94.5M | 310,854 | 1.3% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | MARKETAXESS HLDGS INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $79.3M | 480,600 | 1.1% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | KLA CORP · COM NEW CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $79.0M | 53,662 | 1.1% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | THERMO FISHER SCIENTIFIC INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $76.1M | 154,740 | 1.1% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | ANALOG DEVICES INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $76.0M | 239,018 | 1.1% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | ENTEGRIS INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $75.1M | 640,600 | 1.0% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | AUTODESK INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $74.9M | 312,719 | 1.0% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | EQUIFAX INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $71.1M | 394,660 | 1.0% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | ECOLAB INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $68.0M | 255,584 | 0.9% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | IDEX CORP · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $62.9M | 331,999 | 0.9% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | APPLIED MATLS INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $53.6M | 156,800 | 0.7% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | ACCENTURE PLC IRELAND · SHS CLASS A CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $52.8M | 266,098 | 0.7% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | SPOTIFY TECHNOLOGY S A · SHS CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $45.7M | 94,240 | 0.6% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | ETSY INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $45.4M | 908,100 | 0.6% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | CDW CORP · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $40.7M | 336,426 | 0.6% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | POOL CORP · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $36.6M | 180,775 | 0.5% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | SHERWIN WILLIAMS CO · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $36.5M | 113,732 | 0.5% | |
| — | TOPBUILD COR · COM CUSIP 89055F103 quarter ended 2026-03-31 filed filed 2026-05-13 +43d ticker not yet mapped | $29.3M | 83,537 | 0.4% | |
| verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | LIBERTY LIVE HOLDINGS INC · COM SHS SER C CUSIP — quarter ended 2026-03-31 filed filed 2026-05-13 +43d | $2.6M | 27,774 | 0.0% |
1–20 of 56 positions
1–56 of 56 positions · page 1 of 1
One line per issuer, largest first — open a line for its reported rows. Grouping ↗
Book shape
Tick = median of the 8,748 tracked filers with a 2026-03-31 book (the index median: the 8,662 with a complete book). Concentration uses reported 13F long value, not total assets; the index is withheld when any position lacks a value.- 65.6%below median 80.0%
- integer Herfindahl–Hirschman index in basis points over disclosed position values
- 225 bpsbelow median 446 bps
- holdings with no disclosed value (undisclosed, or unreadable on the filing) — kept and counted, never shown as zero
- 56 / 56median book 97.5 positions
62 quarter-over-quarter rows
Filing history
| Period | Source |
|---|---|
| 2026-03-31 | EDGAR ↗ |
Complete source filings on SEC EDGAR
The filing on EDGAR is the record, including any filed after this build.
Open Findlay Park Partners LLP's 13F filings on SEC EDGAR ↗A 13F is a quarterly, long-only snapshot filed up to 45 days late — not current holdings. what a 13F covers ↗
13F reports cover LONG positions in Section 13(f) securities (US exchange-traded equities plus reportable options, warrants, certain convertibles) held by managers with at least $100M in such securities — so managers below that threshold are absent entirely. No short positions, no cash, no non-13(f) assets — not a full portfolio, and not a census of institutional ownership.
Positions are quarter-end snapshots filed up to 45 days late — not current holdings: a position may have changed or closed since the quarter ended.
Values are the manager's stated market value at quarter-end in era-dependent units (whole dollars for form versions effective 2023-01-03 onward, thousands before), normalized here to whole dollars; each record notes its original unit.
Affiliated managers may report the same position, so one position can appear under more than one filer.
Positions under confidential treatment may be omitted until a later amendment discloses them.
These are disclosures, not investment advice.