Each N-PORT filing of MOAT compared with the one before: positions added and dropped, the largest weight changes, turnover. Computed by Mulden from the filings; dated by filing period and SEC receipt.https://themulden.com/enhttps://themulden.com/funds/moat/https://themulden.com/funds/moat/57 positions became 55: 7 added (9.01% of the fund), 9 dropped (9.83%). Turnover proxy 19.5%. Largest increases: Broadcom Inc 1.2% to 2.43%; Palo Alto Networks Inc 1.31% to 2.51%; Datadog Inc 1.23% to 2.44%; Veeva Systems Inc 1.21% to 2.41%; Fair Isaac Corp 1% to 2.14%; Charles Schwab Corp/The 1.34% to 2.45%. Largest decreases: TransUnion 2.37% to 1.16%; NXP Semiconductors NV 2.42% to 1.6%; Zoetis Inc 2.63% to 1.82%; Northrop Grumman Corp 1.67% to 1.15%; Bristol-Myers Squibb Co 2.91% to 2.43%; MarketAxess Holdings Inc 1.2% to 0.74%. New: Amphenol Corp (1.5%), Jack Henry & Associates Inc (1.33%), McCormick & Co Inc/MD (1.29%), MercadoLibre Inc (1.28%), Tractor Supply Co (1.28%), Guidewire Software Inc (1.18%). Gone: IDEX Corp (1.44%), United Parcel Service Inc (1.41%), Boeing Co/The (1.33%), Equifax Inc (1.16%), Salesforce Inc (0.98%), Adobe Inc (0.96%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 26 Aug 2026 12:00:00 GMThttps://themulden.com/funds/moat/https://themulden.com/funds/moat/54 positions became 57: 7 added (8.46% of the fund), 4 dropped (5.51%). Turnover proxy 18.1%. Largest increases: Zoetis Inc 1.32% to 2.63%; Masco Corp 1.26% to 2.55%; NVIDIA Corp 1.25% to 2.51%; LPL Financial Holdings Inc 1.2% to 2.39%; Mondelez International Inc 2.27% to 2.75%; Brown-Forman Corp 2.22% to 2.62%. Largest decreases: Salesforce Inc 2.54% to 0.98%; Adobe Inc 2.48% to 0.96%; Workday Inc 2.32% to 0.8%; United Parcel Service Inc 2.7% to 1.41%; Huntington Ingalls Industries Inc 2.8% to 1.61%; IDEX Corp 2.57% to 1.44%. New: Blackstone Inc (1.4%), Palo Alto Networks Inc (1.31%), Datadog Inc (1.23%), Veeva Systems Inc (1.21%), Broadcom Inc (1.2%), CoStar Group Inc (1.12%). Gone: Merck & Co Inc (1.52%), Amgen Inc (1.45%), Jack Henry & Associates Inc (1.36%), Deere & Co (1.19%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 28 May 2026 12:00:00 GMThttps://themulden.com/funds/moat/https://themulden.com/funds/moat/53 positions became 54: 9 added (11.15% of the fund), 8 dropped (11.56%). Turnover proxy 22.4%. Largest increases: Airbnb Inc 1.23% to 2.72%; Otis Worldwide Corp 1.32% to 2.47%; Broadridge Financial Solutions Inc 1.19% to 2.3%; Fortinet Inc 1.32% to 2.42%; Microsoft Corp 1.31% to 2.37%; Tyler Technologies Inc 1.17% to 2.21%. Largest decreases: West Pharmaceutical Services Inc 2.68% to 1.36%; Agilent Technologies Inc 2.57% to 1.31%; Thermo Fisher Scientific Inc 2.67% to 1.44%; US Bancorp 2.53% to 1.32%; Applied Materials Inc 3.03% to 1.91%; Merck & Co Inc 2.52% to 1.52%. New: Chipotle Mexican Grill Inc (1.37%), Zoetis Inc (1.32%), Motorola Solutions Inc (1.28%), Equifax Inc (1.28%), NVIDIA Corp (1.25%), Meta Platforms Inc (1.23%). Gone: Teradyne Inc (1.89%), Alphabet Inc (1.64%), Caterpillar Inc (1.58%), Monolithic Power Systems Inc (1.54%), Allegion plc (1.49%), Pfizer Inc (1.27%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 27 Feb 2026 12:00:00 GMThttps://themulden.com/funds/moat/https://themulden.com/funds/moat/54 positions became 53: 9 added (11.16% of the fund), 10 dropped (14.07%). Turnover proxy 23.3%. Largest increases: Thermo Fisher Scientific Inc 1.22% to 2.67%; Merck & Co Inc 1.23% to 2.52%; Workday Inc 1.17% to 2.43%; Amgen Inc 1.18% to 2.44%; Clorox Co/The 1.16% to 2.39%; Bristol-Myers Squibb Co 1.16% to 2.32%. Largest decreases: Walt Disney Co/The 2.75% to 1.16%; International Flavors & Fragrances Inc 2.21% to 0.93%; Monolithic Power Systems Inc 2.69% to 1.54%; Allegion plc 2.62% to 1.49%; Pfizer Inc 2.31% to 1.27%; Alphabet Inc 2.44% to 1.64%. New: Entegris Inc (1.42%), Otis Worldwide Corp (1.32%), Fortinet Inc (1.32%), Airbnb Inc (1.23%), Deere & Co (1.2%), Broadridge Financial Solutions Inc (1.19%). Gone: Oracle Corp (1.65%), Microchip Technology Inc (1.51%), Cadence Design Systems Inc (1.47%), Corteva Inc (1.46%), Lam Research Corp (1.44%), Veeva Systems Inc (1.44%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 21 Nov 2025 12:00:00 GMThttps://themulden.com/funds/moat/https://themulden.com/funds/moat/52 positions became 54: 6 added (7.33% of the fund), 4 dropped (5.41%). Turnover proxy 15.3%. Largest increases: Applied Materials Inc 1.22% to 2.73%; Salesforce Inc 1.18% to 2.35%; IDEX Corp 1.24% to 2.3%; Oracle Corp 1.16% to 1.65%; Estee Lauder Cos Inc/The 2.4% to 2.84%; NIKE Inc 2.18% to 2.55%. Largest decreases: The Campbell's Company 2.6% to 0.93%; Brown-Forman Corp 2.32% to 0.93%; Corteva Inc 2.79% to 1.46%; Veeva Systems Inc 2.58% to 1.44%; Microchip Technology Inc 2.25% to 1.51%; Zimmer Biomet Holdings Inc 2.85% to 2.22%. New: Caterpillar Inc (1.33%), PepsiCo Inc (1.25%), Hershey Co/The (1.22%), Nordson Corp (1.2%), Workday Inc (1.17%), Clorox Co/The (1.16%). Gone: Gilead Sciences Inc (1.66%), Altria Group Inc (1.51%), Equifax Inc (1.27%), Bio-Rad Laboratories Inc (0.97%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 21 Aug 2025 12:00:00 GMThttps://themulden.com/funds/moat/https://themulden.com/funds/moat/51 positions became 52: 5 added (6.23% of the fund), 4 dropped (5.47%). Turnover proxy 14.4%. Largest increases: Monolithic Power Systems Inc 1.24% to 2.48%; Danaher Corp 1.28% to 2.44%; Constellation Brands Inc 1.2% to 2.3%; West Pharmaceutical Services Inc 1.35% to 2.23%; Huntington Ingalls Industries Inc 2.2% to 2.81%; Amgen Inc 1.25% to 1.59%. Largest decreases: Bio-Rad Laboratories Inc 2.53% to 0.97%; Bristol-Myers Squibb Co 2.79% to 1.51%; Gilead Sciences Inc 2.73% to 1.66%; Altria Group Inc 2.49% to 1.51%; Kenvue Inc 2.43% to 1.5%; Alphabet Inc 2.74% to 2.22%. New: Cadence Design Systems Inc (1.33%), Manhattan Associates Inc (1.3%), Synopsys Inc (1.24%), Applied Materials Inc (1.22%), Oracle Corp (1.16%). Gone: Emerson Electric Co (1.52%), Honeywell International Inc (1.38%), Air Products and Chemicals Inc (1.31%), Otis Worldwide Corp (1.26%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 27 May 2025 12:00:00 GMThttps://themulden.com/funds/moat/https://themulden.com/funds/moat/54 positions became 51: 8 added (9.98% of the fund), 11 dropped (13.92%). Turnover proxy 19.9%. Largest increases: Alphabet Inc 1.31% to 2.74%; Teradyne Inc 1.21% to 2.53%; United Parcel Service Inc 1.26% to 2.51%; NXP Semiconductors NV 1.24% to 2.35%; GE HealthCare Technologies Inc 1.28% to 2.35%; Microchip Technology Inc 1.23% to 2.15%. Largest decreases: Autodesk Inc 2.63% to 1.4%; Salesforce Inc 2.58% to 1.64%; Emerson Electric Co 2.41% to 1.52%; TransUnion 2.82% to 2.36%; Brown-Forman Corp 2.56% to 2.15%; Adobe Inc 2.3% to 2.01%. New: West Pharmaceutical Services Inc (1.35%), Merck & Co Inc (1.3%), Danaher Corp (1.28%), Amgen Inc (1.25%), Monolithic Power Systems Inc (1.24%), Mondelez International Inc (1.24%). Gone: Fortinet Inc (1.41%), Clorox Co/The (1.41%), Waters Corp (1.33%), Starbucks Corp (1.3%), Workday Inc (1.29%), RTX Corp (1.27%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 26 Feb 2025 12:00:00 GMThttps://themulden.com/funds/moat/https://themulden.com/funds/moat/55 positions became 54: 7 added (8.96% of the fund), 8 dropped (10.79%). Turnover proxy 20.6%. Largest increases: Bio-Rad Laboratories Inc 1.2% to 2.58%; Brown-Forman Corp 1.25% to 2.56%; Salesforce Inc 1.36% to 2.58%; Huntington Ingalls Industries Inc 1.26% to 2.44%; Emerson Electric Co 1.27% to 2.41%; Walt Disney Co/The 1.23% to 2.36%. Largest decreases: RTX Corp 2.56% to 1.27%; Etsy Inc 2.27% to 0.99%; Comcast Corp 2.46% to 1.24%; Starbucks Corp 2.29% to 1.3%; Equifax Inc 2.32% to 1.34%; Fortinet Inc 2.28% to 1.41%. New: Otis Worldwide Corp (1.34%), IDEX Corp (1.3%), GE HealthCare Technologies Inc (1.28%), Air Products and Chemicals Inc (1.28%), Lam Research Corp (1.27%), United Parcel Service Inc (1.26%). Gone: CH Robinson Worldwide Inc (1.52%), Tyler Technologies Inc (1.5%), Philip Morris International Inc (1.4%), Lockheed Martin Corp (1.35%), Biogen Inc (1.3%), Roper Technologies Inc (1.29%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 19 Nov 2024 12:00:00 GMThttps://themulden.com/funds/moat/https://themulden.com/funds/moat/54 positions became 55: 7 added (8.9% of the fund), 6 dropped (8.18%). Turnover proxy 17.9%. Largest increases: Adobe Inc 1.12% to 2.79%; Autodesk Inc 1.25% to 2.55%; Kenvue Inc 1.32% to 2.45%; Fortinet Inc 1.15% to 2.28%; Starbucks Corp 1.2% to 2.29%; Pfizer Inc 2.25% to 2.56%. Largest decreases: Medtronic PLC 2.43% to 1.14%; Charles Schwab Corp/The 2.57% to 1.35%; Alphabet Inc 2.68% to 1.72%; Teradyne Inc 2.61% to 1.68%; Biogen Inc 2.21% to 1.3%; Tyler Technologies Inc 2.38% to 1.5%. New: Workday Inc (1.32%), Rockwell Automation Inc (1.31%), Clorox Co/The (1.3%), Northrop Grumman Corp (1.27%), Brown-Forman Corp (1.25%), Boeing Co/The (1.24%). Gone: Wells Fargo & Co (1.43%), Bank of America Corp (1.38%), Intercontinental Exchange Inc (1.35%), Bank of New York Mellon Corp/The (1.35%), Ecolab Inc (1.35%), Berkshire Hathaway Inc (1.32%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 20 Aug 2024 12:00:00 GMThttps://themulden.com/funds/moat/https://themulden.com/funds/moat/49 positions became 54: 8 added (9.9% of the fund), 3 dropped (3.65%). Turnover proxy 15.1%. Largest increases: Altria Group Inc 1.14% to 2.39%; Bristol-Myers Squibb Co 1.2% to 2.39%; Corteva Inc 2.31% to 2.73%; Veeva Systems Inc 2.32% to 2.66%; TransUnion 2.28% to 2.59%; Alphabet Inc 2.43% to 2.68%. Largest decreases: Keysight Technologies Inc 2.67% to 1.22%; Salesforce Inc 2.65% to 1.32%; Intercontinental Exchange Inc 2.61% to 1.35%; Masco Corp 2.62% to 1.39%; Wells Fargo & Co 2.61% to 1.43%; Ecolab Inc 2.5% to 1.35%. New: Kenvue Inc (1.32%), PepsiCo Inc (1.29%), CH Robinson Worldwide Inc (1.27%), Lockheed Martin Corp (1.26%), Autodesk Inc (1.25%), Philip Morris International Inc (1.21%). Gone: BlackRock Inc (1.36%), 3M Co (1.23%), Kellanova (1.06%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 28 May 2024 12:00:00 GMThttps://themulden.com/funds/moat/https://themulden.com/funds/moat/50 positions became 49: 4 added (4.85% of the fund), 5 dropped (7.36%). Turnover proxy 12.3%. Largest increases: Keysight Technologies Inc 1.3% to 2.67%; RTX Corp 1.14% to 2.46%; Campbell Soup Co 1.32% to 2.25%; Etsy Inc 2.07% to 2.66%; Equifax Inc 2.23% to 2.72%; MarketAxess Holdings Inc 2.3% to 2.74%. Largest decreases: Kellanova 2.51% to 1.06%; 3M Co 2.34% to 1.23%; Comcast Corp 2.7% to 2.34%; Alphabet Inc 2.69% to 2.43%; Pfizer Inc 2.39% to 2.15%; Corteva Inc 2.52% to 2.31%. New: Thermo Fisher Scientific Inc (1.26%), Huntington Ingalls Industries Inc (1.25%), Bristol-Myers Squibb Co (1.2%), Altria Group Inc (1.14%). Gone: Guidewire Software Inc (1.63%), Amgen Inc (1.57%), Domino's Pizza Inc (1.52%), Tradeweb Markets Inc (1.5%), Polaris Inc (1.15%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 22 Feb 2024 12:00:00 GMThttps://themulden.com/funds/moat/https://themulden.com/funds/moat/53 positions became 50: 4 added (5.08% of the fund), 7 dropped (10.06%). Turnover proxy 15.8%. Largest increases: Charles Schwab Corp/The 1.23% to 2.6%; Corteva Inc 1.19% to 2.52%; Agilent Technologies Inc 1.25% to 2.47%; MarketAxess Holdings Inc 1.16% to 2.3%; NIKE Inc 1.24% to 2.37%; Estee Lauder Cos Inc/The 1.31% to 2.18%. Largest decreases: Polaris Inc 2.47% to 1.15%; Emerson Electric Co 2.5% to 1.44%; Domino's Pizza Inc 2.56% to 1.52%; Zimmer Biomet Holdings Inc 2.58% to 2.19%; TransUnion 2.75% to 2.39%; Equifax Inc 2.56% to 2.23%. New: Honeywell International Inc (1.32%), Campbell Soup Co (1.32%), Keysight Technologies Inc (1.3%), RTX Corp (1.14%). Gone: Meta Platforms Inc (1.66%), Adobe Inc (1.56%), ServiceNow Inc (1.48%), Lam Research Corp (1.4%), Workday Inc (1.39%), Intuit Inc (1.29%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 15 Nov 2023 12:00:00 GMThttps://themulden.com/funds/moat/https://themulden.com/funds/moat/49 positions became 53: 11 added (13.52% of the fund), 7 dropped (8.98%). Turnover proxy 20.8%. Largest increases: Allegion plc 1.13% to 2.53%; Domino's Pizza Inc 1.28% to 2.56%; Gilead Sciences Inc 1.26% to 2.32%; Pfizer Inc 1.24% to 2.13%; Wells Fargo & Co 2.07% to 2.45%; US Bancorp 1.93% to 2.28%. Largest decreases: Meta Platforms Inc 3.38% to 1.66%; Microsoft Corp 2.71% to 1.38%; Workday Inc 2.72% to 1.39%; Fortinet Inc 2.71% to 1.41%; Lam Research Corp 2.61% to 1.4%; Amazon.com Inc 2.65% to 1.51%. New: Estee Lauder Cos Inc/The (1.31%), Guidewire Software Inc (1.27%), Waters Corp (1.25%), Agilent Technologies Inc (1.25%), NIKE Inc (1.24%), Charles Schwab Corp/The (1.23%). Gone: MercadoLibre Inc (1.77%), Monolithic Power Systems Inc (1.5%), Boeing Co/The (1.3%), Rockwell Automation Inc (1.29%), State Street Corp (1.1%), Dominion Energy Inc (1.07%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 16 Aug 2023 12:00:00 GMThttps://themulden.com/funds/moat/https://themulden.com/funds/moat/49 positions became 49: 5 added (6.34% of the fund), 5 dropped (6.52%). Turnover proxy 14.4%. Largest increases: Intercontinental Exchange Inc 1.26% to 2.4%; Kellogg Co 1.22% to 2.31%; Meta Platforms Inc 2.36% to 3.38%; Salesforce Inc 2.39% to 3.08%; US Bancorp 1.28% to 1.93%; Amazon.com Inc 2.04% to 2.65%. Largest decreases: Boeing Co/The 3% to 1.3%; Western Union Co/The 2.47% to 0.96%; MercadoLibre Inc 2.37% to 1.77%; Emerson Electric Co 2.78% to 2.27%; Biogen Inc 2.82% to 2.39%; Etsy Inc 2.57% to 2.21%. New: Intuit Inc (1.3%), Domino's Pizza Inc (1.28%), Roper Technologies Inc (1.26%), Constellation Brands Inc (1.25%), Pfizer Inc (1.24%). Gone: MarketAxess Holdings Inc (1.4%), KLA Corp (1.36%), NVIDIA Corp (1.34%), Applied Materials Inc (1.32%), Guidewire Software Inc (1.11%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 30 May 2023 12:00:00 GMThttps://themulden.com/funds/moat/https://themulden.com/funds/moat/48 positions became 49: 4 added (5.13% of the fund), 3 dropped (3.68%). Turnover proxy 11.3%. Largest increases: International Flavors & Fragrances Inc 1.11% to 2.45%; Fortinet Inc 1.35% to 2.38%; Boeing Co/The 2.22% to 3%; Adobe Inc 1.98% to 2.71%; Comcast Corp 2.16% to 2.53%; Emerson Electric Co 2.45% to 2.78%. Largest decreases: Guidewire Software Inc 2.39% to 1.11%; Gilead Sciences Inc 2.68% to 1.6%; BlackRock Inc 2.36% to 1.38%; Biogen Inc 3.54% to 2.82%; MercadoLibre Inc 2.97% to 2.37%; Amazon.com Inc 2.58% to 2.04%. New: Dominion Energy Inc (1.35%), Tradeweb Markets Inc (1.29%), US Bancorp (1.28%), Monolithic Power Systems Inc (1.22%). Gone: Charles Schwab Corp/The (1.56%), Honeywell International Inc (1.21%), Intel Corp (0.91%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 27 Feb 2023 12:00:00 GMThttps://themulden.com/funds/moat/https://themulden.com/funds/moat/50 positions became 48: 6 added (7.44% of the fund), 8 dropped (11.39%). Turnover proxy 17.4%. Largest increases: Workday Inc 1.2% to 2.67%; Walt Disney Co/The 1.21% to 2.46%; Etsy Inc 1.89% to 3.08%; MercadoLibre Inc 1.84% to 2.97%; Comcast Corp 1.25% to 2.16%; Biogen Inc 2.75% to 3.54%. Largest decreases: Kellogg Co 3.14% to 1.35%; Intel Corp 2.46% to 0.91%; Adobe Inc 2.38% to 1.98%; Veeva Systems Inc 2.89% to 2.5%; Ecolab Inc 2.65% to 2.4%; Western Union Co/The 2.64% to 2.4%. New: Fortinet Inc (1.35%), Allegion plc (1.27%), MarketAxess Holdings Inc (1.25%), Applied Materials Inc (1.24%), NVIDIA Corp (1.23%), International Flavors & Fragrances Inc (1.11%). Gone: Merck & Co Inc (1.72%), Campbell Soup Co (1.64%), Philip Morris International Inc (1.59%), Constellation Brands Inc (1.52%), Blackbaud Inc (1.46%), CoStar Group Inc (1.38%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 28 Nov 2022 12:00:00 GMThttps://themulden.com/funds/moat/https://themulden.com/funds/moat/52 positions became 50: 6 added (7.58% of the fund), 8 dropped (11.89%). Turnover proxy 20.4%. Largest increases: Masco Corp 1.12% to 2.55%; Ecolab Inc 1.27% to 2.65%; 3M Co 1.21% to 2.52%; BlackRock Inc 1.31% to 2.51%; Adobe Inc 1.2% to 2.38%; Lam Research Corp 1.24% to 2.32%. Largest decreases: Compass Minerals International Inc 2.79% to 0.9%; Constellation Brands Inc 2.48% to 1.52%; Campbell Soup Co 2.54% to 1.64%; Merck & Co Inc 2.61% to 1.72%; Philip Morris International Inc 2.46% to 1.59%; MercadoLibre Inc 2.61% to 1.84%. New: Charles Schwab Corp/The (1.32%), TransUnion (1.3%), Intercontinental Exchange Inc (1.27%), Rockwell Automation Inc (1.27%), State Street Corp (1.22%), Workday Inc (1.2%). Gone: Cheniere Energy Inc (1.75%), Lockheed Martin Corp (1.62%), Corteva Inc (1.53%), Bristol-Myers Squibb Co (1.49%), Dominion Energy Inc (1.41%), Aspen Technology Inc (1.38%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 24 Aug 2022 12:00:00 GMThttps://themulden.com/funds/moat/https://themulden.com/funds/moat/46 positions became 52: 9 added (11.09% of the fund), 3 dropped (4.04%). Turnover proxy 16.1%. Largest increases: MercadoLibre Inc 1.38% to 2.61%; ServiceNow Inc 1.21% to 2.24%; Compass Minerals International Inc 2.19% to 2.79%; Medtronic PLC 2.12% to 2.67%; Western Union Co/The 2.28% to 2.61%; Zimmer Biomet Holdings Inc 2.28% to 2.61%. Largest decreases: Aspen Technology Inc 2.74% to 1.38%; Dominion Energy Inc 2.61% to 1.41%; Berkshire Hathaway Inc 2.64% to 1.49%; Altria Group Inc 2.52% to 1.36%; Bristol-Myers Squibb Co 2.58% to 1.49%; Corteva Inc 2.6% to 1.53%. New: CoStar Group Inc (1.39%), BlackRock Inc (1.31%), T Rowe Price Group Inc (1.3%), Ecolab Inc (1.27%), Teradyne Inc (1.26%), 3M Co (1.21%). Gone: CH Robinson Worldwide Inc (1.5%), Roper Technologies Inc (1.3%), Raytheon Technologies Corp (1.25%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 27 May 2022 12:00:00 GMThttps://themulden.com/funds/moat/https://themulden.com/funds/moat/50 positions became 46: 3 added (3.89% of the fund), 7 dropped (9.02%). Turnover proxy 12%. Largest increases: Equifax Inc 1.19% to 2.56%; Campbell Soup Co 1.26% to 2.51%; Emerson Electric Co 1.19% to 2.43%; Veeva Systems Inc 1.22% to 2.19%; Aspen Technology Inc 2.34% to 2.74%; Constellation Brands Inc 2.4% to 2.76%. Largest decreases: Compass Minerals International Inc 2.64% to 2.19%; salesforce.com Inc 2.74% to 2.39%; Medtronic PLC 2.46% to 2.12%; Wells Fargo & Co 2.77% to 2.5%; ServiceNow Inc 1.46% to 1.21%; Cheniere Energy Inc 2.87% to 2.64%. New: MercadoLibre Inc (1.38%), Honeywell International Inc (1.26%), Walt Disney Co/The (1.25%). Gone: Thermo Fisher Scientific Inc (1.46%), Pfizer Inc (1.38%), General Dynamics Corp (1.3%), McDonald's Corp (1.29%), Intercontinental Exchange Inc (1.25%), Masco Corp (1.21%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 25 Feb 2022 12:00:00 GMThttps://themulden.com/funds/moat/https://themulden.com/funds/moat/48 positions became 50: 6 added (7.58% of the fund), 4 dropped (5.46%). Turnover proxy 12.4%. Largest increases: Western Union Co/The 1.13% to 2.31%; Polaris Inc 1.37% to 2.5%; Compass Minerals International Inc 2.14% to 2.64%; Intel Corp 2.23% to 2.48%; Cheniere Energy Inc 2.62% to 2.87%; Boeing Co/The 2.27% to 2.52%. Largest decreases: Cerner Corp 2.46% to 1.11%; ServiceNow Inc 2.81% to 1.46%; General Dynamics Corp 2.43% to 1.3%; Pfizer Inc 2.48% to 1.38%; Biogen Inc 2.54% to 2.06%; Facebook Inc 2.68% to 2.46%. New: Microchip Technology Inc (1.29%), KLA Corp (1.29%), CH Robinson Worldwide Inc (1.27%), Lam Research Corp (1.27%), Campbell Soup Co (1.26%), Equifax Inc (1.19%). Gone: Adobe Inc (1.52%), BlackRock Inc (1.37%), Northrop Grumman Corp (1.35%), Yum! Brands Inc (1.22%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 22 Nov 2021 12:00:00 GMThttps://themulden.com/funds/moat/https://themulden.com/funds/moat/49 positions became 48: 4 added (5.35% of the fund), 5 dropped (7.55%). Turnover proxy 14.1%. Largest increases: ServiceNow Inc 1.31% to 2.81%; Microsoft Corp 1.26% to 2.67%; Guidewire Software Inc 1.25% to 2.57%; Facebook Inc 1.38% to 2.68%; Tyler Technologies Inc 1.31% to 2.58%; salesforce.com Inc 2.2% to 2.6%. Largest decreases: Raytheon Technologies Corp 2.45% to 1.25%; Yum! Brands Inc 2.42% to 1.22%; Northrop Grumman Corp 2.53% to 1.35%; Intel Corp 2.75% to 2.23%; Altria Group Inc 2.75% to 2.27%; Boeing Co/The 2.64% to 2.27%. New: Thermo Fisher Scientific Inc (1.4%), Polaris Inc (1.37%), Intercontinental Exchange Inc (1.33%), Masco Corp (1.25%). Gone: John Wiley & Sons Inc (1.75%), Bank of America Corp (1.53%), Charles Schwab Corp/The (1.49%), US Bancorp (1.43%), Bank of New York Mellon Corp/The (1.35%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 27 Aug 2021 12:00:00 GMThttps://themulden.com/funds/moat/https://themulden.com/funds/moat/50 positions became 49: 5 added (6.64% of the fund), 6 dropped (8.29%). Turnover proxy 15.1%. Largest increases: Alphabet Inc 1.23% to 2.57%; Northrop Grumman Corp 1.25% to 2.53%; Dominion Energy Inc 1.26% to 2.37%; Cerner Corp 1.31% to 2.33%; Altria Group Inc 2.25% to 2.75%; Biogen Inc 2.21% to 2.62%. Largest decreases: Charles Schwab Corp/The 3% to 1.49%; US Bancorp 2.72% to 1.43%; John Wiley & Sons Inc 3.03% to 1.75%; Bank of America Corp 2.65% to 1.53%; Corteva Inc 2.78% to 2.59%; Constellation Brands Inc 2.65% to 2.48%. New: Facebook Inc (1.38%), Adobe Inc (1.35%), Tyler Technologies Inc (1.31%), ServiceNow Inc (1.31%), Roper Technologies Inc (1.3%). Gone: Lam Research Corp (1.6%), Applied Materials Inc (1.59%), Microchip Technology Inc (1.43%), American Express Co (1.35%), Tiffany & Co (1.25%), Polaris Inc (1.07%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 28 May 2021 12:00:00 GMThttps://themulden.com/funds/moat/https://themulden.com/funds/moat/48 positions became 50: 5 added (6.27% of the fund), 3 dropped (4.02%). Turnover proxy 12.4%. Largest increases: Amazon.com Inc 1.22% to 2.38%; Lockheed Martin Corp 1.26% to 2.26%; John Wiley & Sons Inc 2.16% to 3.03%; Charles Schwab Corp/The 2.52% to 3%; Wells Fargo & Co 2.31% to 2.71%; US Bancorp 2.39% to 2.72%. Largest decreases: Microchip Technology Inc 2.53% to 1.43%; American Express Co 2.45% to 1.35%; Guidewire Software Inc 2.37% to 1.3%; Applied Materials Inc 2.58% to 1.59%; salesforce.com Inc 2.87% to 2.18%; Pfizer Inc 2.63% to 2.2%. New: Bank of New York Mellon Corp/The (1.29%), McDonald's Corp (1.28%), Northrop Grumman Corp (1.25%), Alphabet Inc (1.23%), Western Union Co/The (1.22%). Gone: ServiceNow Inc (1.44%), Caterpillar Inc (1.4%), Harley-Davidson Inc (1.18%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 23 Feb 2021 12:00:00 GMThttps://themulden.com/funds/moat/https://themulden.com/funds/moat/49 positions became 48: 2 added (2.67% of the fund), 3 dropped (4.29%). Turnover proxy 11.8%. Largest increases: Aspen Technology Inc 1.27% to 2.8%; Bristol-Myers Squibb Co 1.29% to 2.6%; Yum! Brands Inc 1.22% to 2.52%; Applied Materials Inc 1.33% to 2.58%; Biogen Inc 2.11% to 2.59%; Compass Minerals International Inc 2.37% to 2.83%. Largest decreases: ServiceNow Inc 2.81% to 1.44%; Caterpillar Inc 2.55% to 1.4%; Boeing Co/The 3.18% to 2.39%; Polaris Inc 1.92% to 1.28%; Microchip Technology Inc 3.06% to 2.53%; Cheniere Energy Inc 2.7% to 2.37%. New: Lam Research Corp (1.4%), Lockheed Martin Corp (1.26%). Gone: Facebook Inc (1.48%), NIKE Inc (1.41%), State Street Corp (1.4%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 25 Nov 2020 12:00:00 GMThttps://themulden.com/funds/moat/https://themulden.com/funds/moat/48 positions became 49: 7 added (9.43% of the fund), 6 dropped (8.74%). Turnover proxy 20.8%. Largest increases: Boeing Co/The 1.04% to 3.18%; Constellation Brands Inc 1.22% to 2.72%; American Express Co 1.18% to 2.47%; Bank of America Corp 1.23% to 2.41%; US Bancorp 1.25% to 2.4%; John Wiley & Sons Inc 1.38% to 2.48%. Largest decreases: Amazon.com Inc 3.12% to 1.42%; Veeva Systems Inc 3.11% to 1.6%; BlackRock Inc 2.76% to 1.48%; NIKE Inc 2.61% to 1.41%; Facebook Inc 2.57% to 1.48%; Biogen Inc 3.07% to 2.11%. New: Raytheon Technologies Corp (1.93%), Tiffany & Co (1.33%), Aspen Technology Inc (1.27%), Cerner Corp (1.26%), Harley-Davidson Inc (1.22%), Yum! Brands Inc (1.22%). Gone: United Technologies Corp (2.21%), Core Laboratories NV (1.65%), KLA Corp (1.31%), T Rowe Price Group Inc (1.29%), CSX Corp (1.28%), Raytheon Co (1.01%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 27 Aug 2020 12:00:00 GMThttps://themulden.com/funds/moat/https://themulden.com/funds/moat/48 positions became 48: 5 added (5.92% of the fund), 5 dropped (6.49%). Turnover proxy 13.1%. Largest increases: Corteva Inc 1.38% to 2.54%; Blackbaud Inc 1.24% to 2.31%; Veeva Systems Inc 2.29% to 3.11%; Gilead Sciences Inc 2.29% to 3%; Amazon.com Inc 2.47% to 3.12%; ServiceNow Inc 2.48% to 2.95%. Largest decreases: Bristol-Myers Squibb Co 2.71% to 1.36%; Dominion Energy Inc 2.42% to 1.39%; Polaris Inc 2.56% to 1.65%; Wells Fargo & Co 2.52% to 2.05%; Emerson Electric Co 2.56% to 2.18%; Cheniere Energy Inc 2.32% to 1.95%. New: US Bancorp (1.25%), Bank of America Corp (1.23%), Constellation Brands Inc (1.22%), American Express Co (1.18%), Boeing Co/The (1.04%). Gone: UnitedHealth Group Inc (1.45%), Amgen Inc (1.41%), Domino's Pizza Inc (1.32%), Cerner Corp (1.23%), McDonald's Corp (1.08%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 22 May 2020 12:00:00 GMThttps://themulden.com/funds/moat/https://themulden.com/funds/moat/51 positions became 48: 2 added (2.61% of the fund), 5 dropped (6.5%). Turnover proxy 11.9%. Largest increases: Altria Group Inc 1.16% to 2.61%; Pfizer Inc 1.22% to 2.48%; Berkshire Hathaway Inc 1.25% to 2.48%; ServiceNow Inc 1.27% to 2.48%; Merck & Co Inc 1.29% to 2.47%; Veeva Systems Inc 1.36% to 2.29%. Largest decreases: Amgen Inc 2.52% to 1.41%; State Street Corp 2.52% to 1.51%; UnitedHealth Group Inc 2.22% to 1.45%; KLA Corp 1.68% to 1.31%; Core Laboratories NV 2.26% to 1.92%; McDonald's Corp 1.3% to 1.08%. New: Corteva Inc (1.38%), CSX Corp (1.23%). Gone: CAMPBELL SOUP CO (1.38%), WESTERN UNION CO/THE (1.37%), Alphabet Inc (1.31%), GENERAL MILLS INC (1.25%), Harley-Davidson Inc (1.19%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 25 Feb 2020 12:00:00 GMT