13F

Position

Select Equity Group, L.P. in Middleby Corp

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Estimated mark uses implied 13F prices (value ÷ shares). Adds are treated as happening at this quarter’s mark; cuts at last quarter’s. Share jumps can be splits, not buys. This is not realized P&L.

Latest estimated mark −$24.1M$148.67$132.58

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 20253.03M$450.2M1.9%
Q1 20261.5M$198.9M$132.58−$24.1M−$227.1M1.0%