Mar Vista
Mar Vista U.S. Quality Premier Portfolio
US Mega-cap Quality
Mar 2026 → Jun 2026
Our archive holds 3 letters from this strategy, behind 8 investment theses and positions in 25 companies. Every quote below is copied verbatim from the letter it came from.
3 letters in a year — follow all of Mar Vista for every strategy.
What it bought and sold
During the quarter-end rebalance of the Quality Premier strategy, we also exited Ametek (AME), added to our holdings in Broadcom (AVGO) and GE Vernova (GEV), and trimmed Alphabet (GOOG), Amazon (AMZN), Danaher (DHR), and Unilever (UL).
During the quarter-end rebalance of the Quality Premier strategy, we also exited Ametek (AME), added to our holdings in Broadcom (AVGO) and GE Vernova (GEV), and trimmed Alphabet (GOOG), Amazon (AMZN), Danaher (DHR), and Unilever (UL).
During the quarter, we initiated new investments in ASML Holding (ASML) and we exited our position in Intuit (INTU).
During the quarter-end rebalance of the Quality Premier strategy, we also exited Ametek (AME), added to our holdings in Broadcom (AVGO) and GE Vernova (GEV), and trimmed Alphabet (GOOG), Amazon (AMZN), Danaher (DHR), and Unilever (UL).
During the quarter-end rebalance of the Quality Premier strategy, we also exited Ametek (AME), added to our holdings in Broadcom (AVGO) and GE Vernova (GEV), and trimmed Alphabet (GOOG), Amazon (AMZN), Danaher (DHR), and Unilever (UL).
During the quarter-end rebalance of the Quality Premier strategy, we also exited Ametek (AME), added to our holdings in Broadcom (AVGO) and GE Vernova (GEV), and trimmed Alphabet (GOOG), Amazon (AMZN), Danaher (DHR), and Unilever (UL).
During the quarter-end rebalance of the Quality Premier strategy, we also exited Ametek (AME), added to our holdings in Broadcom (AVGO) and GE Vernova (GEV), and trimmed Alphabet (GOOG), Amazon (AMZN), Danaher (DHR), and Unilever (UL).
During the quarter-end rebalance of the Quality Premier strategy, we also exited Ametek (AME), added to our holdings in Broadcom (AVGO) and GE Vernova (GEV), and trimmed Alphabet (GOOG), Amazon (AMZN), Danaher (DHR), and Unilever (UL).
During the quarter, we initiated new investments in ASML Holding (ASML) and we exited our position in Intuit (INTU).
During the quarter-end rebalance of the Quality Premier strategy, we added to our holdings in Danaher (DHR), Netflix (NFLX) and Linde plc (LIN), and trimmed Intuit (INTU) and Meta Platforms (META).
During the quarter, we initiated new investments in Ecolab (ECL), GE Vernova (GEV) and QXO Inc (QXO).
we decided to exit our position in the stock as the range of outcomes expanded amid growing perceived risk of disruption to traditional software from AI.
During the quarter, we initiated new investments in Ecolab (ECL), GE Vernova (GEV) and QXO Inc (QXO).
During the quarter, we initiated new investments in Ecolab (ECL), GE Vernova (GEV) and QXO Inc (QXO).
During the quarter-end rebalance of the Quality Premier strategy, we added to our holdings in Danaher (DHR), Netflix (NFLX) and Linde plc (LIN), and trimmed Intuit (INTU) and Meta Platforms (META).
During the quarter-end rebalance of the Quality Premier strategy, we added to our holdings in Danaher (DHR), Netflix (NFLX) and Linde plc (LIN), and trimmed Intuit (INTU) and Meta Platforms (META).
During the quarter-end rebalance of the Quality Premier strategy, we added to our holdings in Danaher (DHR), Netflix (NFLX) and Linde plc (LIN), and trimmed Intuit (INTU) and Meta Platforms (META).
We sold our remaining stub position in Salesforce.com (CRM), as the range of potential outcomes has widened due to the growing risk that AI will disrupt the traditional seat-based software revenue model, despite Salesforce’s efforts to aggressively build an agentic enterprise platform.
During the quarter-end rebalance of the Quality Premier strategy, we added to our holdings in Danaher (DHR), Netflix (NFLX) and Linde plc (LIN), and trimmed Intuit (INTU) and Meta Platforms (META).
As the share price appreciated and the margin of safety narrowed, we reduced our position to an average portfolio weight and reallocated capital to opportunities with a more favorable risk-reward profile.
Also held
Its investment theses
- GE AerospaceJun 2026GE Aerospace benefits from a multi-year aerospace aftermarket upcycle, defense demand, and strong execution that should support sustained revenue growth, margin expansion, and free cash flow.
- QXOJun 2026QXO’s acquisition of TopBuild should strengthen scale, improve economics, and support margin expansion, free cash flow, and higher ROIC.
- AlphabetJun 2026Alphabet combines resilient Search, AI-driven Cloud demand, and durable growth drivers that support attractive long-term earnings growth.
- Taiwan Semiconductor ManufacturingJun 2026Taiwan Semiconductor Manufacturing has technological leadership and a dominant AI-chip manufacturing position that should support above-market growth and attractive long-term returns.
- QXO IncorporatedMar 2026QXO aims to build a scaled building-products platform through consolidation, operational improvement, and data-driven efficiencies.
- MicrosoftMar 2026Microsoft is supported by strong cash flow, Azure growth, and Copilot monetization opportunities across its enterprise customer base.
- SAPMar 2026SAP is seen as vulnerable to AI-driven disruption of SaaS pricing, revenue durability, and gross margins.
- Taiwan Semiconductor ManufacturingMar 2026Taiwan Semiconductor Manufacturing is positioned to compound above-market returns through scale, process leadership, and dominant AI chip manufacturing exposure.