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CNSWF is 11.82% of Phil Town's portfolio as of 2026 Q2.

Holds 11,800 shares worth $22.28M.
Published · Based on SEC filings

Low impact
Outsized position
2026 Q2

One name, CONSTELLATION SOFTWARE INC (CNSWF), is 11.82% of what Phil Town's Rule One Fund reports for 2026 Q2, according to the NPORT-P filed with the SEC on August 25, 2026. The stake is 11.8K shares worth about $22.3M, the 3rd largest of 13 stock positions. Phil Town left the share count unchanged from the prior quarter.

What did the 2026 Q2 filing report for CNSWF?

As of June 30, 2026, from the NPORT-P filed August 25, 2026.

Value
Portfolio weight 11.82%
Shares 11.8K
Reported value $22.3M
Rank in portfolio 3rd of 13
Largest holding GOIXX at 33.35%
Top three holdings 60.13% of the book
Change this quarter unchanged

How concentrated is Phil Town in CNSWF?

CNSWF at 11.82% is 1.6 times the average stock position in the Phil Town portfolio, which is 7%. The largest holding is GOIXX at 33.35%. The three largest stocks together are 60.13% of the reported book. A quarter earlier CNSWF was 9.86% of the book.

Where does CNSWF sit in the Phil Town portfolio?

CNSWF ranks 3rd of 13 stock positions in the Phil Town portfolio at 11.82%, above the fund's average stock position of 7%. Across the 2026 Q2 portfolio, Phil Town reported 13 stock positions, with 3 opened and 2 closed. The total portfolio value is about $188.5M, down 10% from the prior quarter.

Phil Town top holdings, 2026 Q2

How long has Phil Town held CNSWF?

Phil Town first reported CNSWF in the quarter ended December 31, 2025. The current weight is the highest the fund has reported for the name. Last quarter the fund added to the position by 372%. Every reported trade is on the Phil Town CNSWF trade history page.

Phil Town shares of CNSWF by quarter

Did other funds buy or sell CNSWF in 2026 Q2?

Among the other tracked funds that had filed for 2026 Q2 as of August 25, 2026, 4 hold CNSWF. The largest buyer of CNSWF this quarter was Mohnish Pabrai. Every tracked holder of CNSWF is on the CNSWF ownership page.

FAQ

What share of the Phil Town portfolio is CNSWF?

CNSWF is 11.82% of the Phil Town portfolio as of 2026 Q2, the 3rd largest of 13 stock positions.

What is the CNSWF stake of Phil Town worth?

Phil Town holds 11.8K shares of CNSWF, worth about $22.3M at June 30, 2026 prices, 11.82% of the reported portfolio.

What are the largest holdings of Phil Town?

The largest stock positions of Phil Town as of 2026 Q2 are GOIXX (33.35%), NFLX (14.96%) and CNSWF (11.82%), together 60.13% of the book.

Did Phil Town's Rule One Fund change its CNSWF position in 2026 Q2?

Phil Town left the share count unchanged from the prior quarter.

Source: based on original SEC filings

Figures are from the fund's N-PORT report, which lists its positions at period-end values.
Stocks mentioned
Alan Irwin
Alan Irwin
Valuesider analyst