{
 "company": "CME Group",
 "ticker": "CME",
 "page": "https://www.moatshark.com/s/cme",
 "note": "Source: SEC filings via moatshark. Values and changes are estimates; not investment advice.",
 "holders": [
  {
   "manager": "Baupost Group",
   "moatshark_slug": "baupost-group",
   "period": "2026-06-30",
   "portfolio_pct": 2.52,
   "value_usd": 136694000,
   "change": "NEW",
   "share_change_pct": null,
   "quarters_held": 1
  },
  {
   "manager": "Cantillon Capital Management",
   "moatshark_slug": "cantillon-capital-management",
   "period": "2026-06-30",
   "portfolio_pct": 2.12,
   "value_usd": 14096683,
   "change": "REDUCE",
   "share_change_pct": -95.4,
   "quarters_held": 47
  },
  {
   "manager": "Troy Asset Management",
   "moatshark_slug": "troy-asset-management",
   "period": "2026-06-30",
   "portfolio_pct": 1.72,
   "value_usd": 61540242,
   "change": "ADD",
   "share_change_pct": 21.9,
   "quarters_held": 25
  },
  {
   "manager": "Horizon Kinetics",
   "moatshark_slug": "horizon-kinetics",
   "period": "2026-06-30",
   "portfolio_pct": 0.71,
   "value_usd": 62665802,
   "change": "ADD",
   "share_change_pct": 5,
   "quarters_held": 30
  },
  {
   "manager": "Mairs & Power",
   "moatshark_slug": "mairs-power",
   "period": "2026-06-30",
   "portfolio_pct": 0.4,
   "value_usd": 43191036,
   "change": "NEW",
   "share_change_pct": null,
   "quarters_held": 1
  },
  {
   "manager": "Markel Group",
   "moatshark_slug": "markel-group",
   "period": "2026-06-30",
   "portfolio_pct": 0.08,
   "value_usd": 10986293,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 7
  },
  {
   "manager": "Lindsell Train",
   "moatshark_slug": "lindsell-train",
   "period": "2026-06-30",
   "portfolio_pct": 0.06,
   "value_usd": 1523727,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 25
  }
 ]
}