Charles River Laboratories International, INC.

• BA Broyhill Asset Management The Broyhill Letter Q2 2025 ↗ Broyhill’s equity strategy added to Dollar Tree after tariff-driven selling and trimmed Philip Morris while retaining it as its largest holding. It shifted part of Avantor into Thermo Fisher, increased Fiserv after its selloff, and initiated IQVIA. The firm consolidated offshore exposure into Noble and favors undervalued smaller, international, and healthcare businesses. 2025.Q2 AVTR $9.9BDLTR $24BFI delisted +3

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