WCM INVESTMENT MANAGEMENT, LLC

WCM Investment Management closed Q1 2026 with $43.81 billion across 291 holdings, down from $48.57B, while keeping its signature international-growth tilt. Taiwan Semiconductor (TSM, 6.7%), Sea Ltd (SE, 6.0%) and ASML (4.4%) headline a book of global compounders, with AppLovin (APP, 4.2%) and Philip Morris (PM, 4.1%) completing the top five. WCM trimmed AppLovin by ~$1.44B and stepped away from Latin American e-commerce, selling Coupang (CPNG, -$1.16B) and MercadoLibre (MELI, -$985M). It rotated toward healthcare and industrials via a new ~$966M Medtronic (MDT) position and a new C.H. Robinson (CHRW) stake, and built Teva (TEVA) by +191%. Technology remains the largest sector at $12.35B.