William Von Mueffling's Cantillon Capital Management drastically reduced its position in Ferguson Enterprises (FERG), a major distributor of plumbing and heating products, during the second quarter of 2026. The firm sold approximately 1.67 million shares, cutting the stake by over 95% from 1.75 million shares down to just 80,550. The estimated value of the shares sold is approximately $396 million.
This activity was disclosed in a quarterly 13F filing with the SEC on July 29, 2026, which details the firm's holdings as of June 30. These filings reflect trades made in the preceding quarter and are not indicative of real-time positioning. During the period of Cantillon's sale, Ferguson's business saw strong non-residential growth, which led the company to raise its full-year guidance in early August.