Cortland Associates Inc
- Regulatory AUM
- $958M
- Discretionary
- $958M
- Clients
- 387
- Avg AUM / client
- $2.5M
- Accounts
- 387
- Employees
- 7
AUM over time
Annual snapshots from Form ADV filings · as of Mar 27, 2026
Investments (13F portfolio — 62 positions, $696,751,000)
13F period Mar 31, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Willis Towers Watson | com | $52,421,000 | 180,326 | 7.52% | 5.47% |
| 2 | Booking Holdings Inc | com | $49,927,000 | 11,858 | 7.17% | 5.21% |
| 3 | Visa Inc | com | $49,604,000 | 164,120 | 7.12% | 5.18% |
| 4 | Amazon.Com Inc | com | $46,932,000 | 225,344 | 6.74% | 4.9% |
| 5 | Alphabet Inc Class C | com | $43,139,000 | 150,382 | 6.19% | 4.5% |
| 6 | Kyndryl Hldgs Inc Common Stock | com | $43,120,000 | 3,286,561 | 6.19% | 4.5% |
| 7 | Ryanair Holdings Plc Sponsored | com | $38,916,000 | 673,290 | 5.59% | 4.06% |
| 8 | Philip Morris Intl Inc | com | $32,710,000 | 197,837 | 4.69% | 3.41% |
| 9 | First Ctzns Bancshares Cl A | com | $32,644,000 | 17,321 | 4.69% | 3.41% |
| 10 | Cigna Group | com | $32,140,000 | 120,487 | 4.61% | 3.35% |
| 11 | Danaher Corp | com | $31,478,000 | 166,024 | 4.52% | 3.29% |
| 12 | Landbridge Company Llc Cl A | com | $27,531,000 | 398,708 | 3.95% | 2.87% |
| 13 | Kkr & Co Lp | com | $26,420,000 | 285,618 | 3.79% | 2.76% |
| 14 | Brown & Brown Inc Com | com | $25,594,000 | 392,479 | 3.67% | 2.67% |
| 15 | Becton Dickinson & Co | com | $24,209,000 | 153,972 | 3.47% | 2.53% |
| 16 | Alphabet Inc Class A | com | $23,218,000 | 80,740 | 3.33% | 2.42% |
| 17 | Texas Pacific Land Corp | com | $13,714,000 | 28,898 | 1.97% | 1.43% |
| 18 | Tencent Hldgs Ltd Adr | com | $12,501,000 | 197,732 | 1.79% | 1.3% |
| 19 | Blue Owl Capital Inc Com Cl A | com | $12,075,000 | 1,322,568 | 1.73% | 1.26% |
| 20 | Capital One Financial | com | $11,993,000 | 65,742 | 1.72% | 1.25% |
| 21 | First Advantage Corp | com | $10,647,000 | 905,339 | 1.53% | 1.11% |
| 22 | Intercontinental Exchange | com | $8,178,000 | 51,997 | 1.17% | 0.85% |
| 23 | Costar Group Inc | com | $7,302,000 | 181,019 | 1.05% | 0.76% |
| 24 | Apple Inc | com | $6,106,000 | 24,058 | 0.88% | 0.64% |
| 25 | Waters Corp | com | $5,069,000 | 17,023 | 0.73% | 0.53% |
Top 25 of 62 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 163 | $60.9M | 6.36% |
| High net worth individuals | 217 | $869M | 90.7% |
| Pension and profit sharing plans | 5 | $9.8M | 1.02% |
| Charitable organizations | 2 | $18.3M | 1.91% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Southwest Airlines Pilots Retirement Savings Plan Southwest Airlines Company | 2024 |
People (4)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| William Mckinley Carey | President | Feb 1989 (38y) | 50% – 75% | |
| Thomas Raymond Podlesny | Chief Compliance Officer | Oct 1992 (34y) | 25% – 50% | |
| John David O'keefe | Registered representative | Mar 2018 (8y) | ||
| Matthew Joseph Hicks | Registered representative | May 2021 (5y) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Southwest Airlines Pilots Retirement Savings Plan | Southwest Airlines Company | 11,679 | $11.6B | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/27/2026 | 1.13 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Charles Schwab & Co. $635M (66% of AUM) Mar 2026
- Robert W. Baird & Co. Incorporated $105M (11% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 27, 2026.
View current Form ADV (SEC/IAPD) ↗