May 6, 2025 | U.S. Value Equity
Dive Deep on Business Breakdowns Podcast

Matt Fleming, CFA, portfolio manager, recently sat down with Matt Reustle of the Business Breakdowns podcast to discuss a company we hold in our Mid Cap Value strategy: Snap-On. The conversation covers various aspects of Snap-On’s business, including its market, history, and business model.
References to specific securities and their issuers are for illustrative purposes only and are not intended as recommendations to purchase or sell such securities. The securities discussed do not represent all securities purchased, sold, or recommended for advisory clients. It should not be assumed that any investment in the securities referenced was or will be profitable. The holdings mentioned comprise the following percentages of the William Blair Mid Cap Value strategy’s representative portfolio as of 3/31/25: Snap-On: 1.5% Holdings are subject to change without notice.