Broad Run Investment Management LLC's Q4 2024 13F: 18 positions resized, no new positions or exits
Form 13F-HR for the quarter ended Dec 31, 2024 · filed Feb 14, 2025 · 24 reported positions · accession 0001568621-25-000002
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | CARMAX INC (KMX) | 6.3% | 5.7% | −0.6 pts | −158K sh | −24% |
| Reduced | BROOKFIELD CORP (BN) | 8.3% | 8.4% | +0.1 pts | −225K sh | −17% |
| Reduced | RH (RH) | 3.8% | 3.9% | +0.1 pts | −22,011 sh | −23% |
| Reduced | AMERICAN TOWER CORP NEW (AMT) | 6.9% | 5.2% | −1.7 pts | −35,742 sh | −15% |
| Reduced | OREILLY AUTOMOTIVE INC (ORLY) | 7.0% | 7.3% | +0.3 pts | −4,791 sh | −10% |
| Reduced | ENCORE CAP GROUP INC (ECPG) | 6.1% | 6.2% | +0.1 pts | −114K sh | −11% |
| Reduced | BROOKFIELD ASSET MANAGMT LTD (BAM) | 3.1% | 3.5% | +0.4 pts | −64,474 sh | −12% |
| Reduced | AON PLC (AON) | 7.1% | 7.9% | +0.8 pts | −8,450 sh | −5% |
| Reduced | HILTON WORLDWIDE HLDGS INC (HLT) | 2.3% | 2.7% | +0.4 pts | −3,400 sh | −4% |
| Reduced | ALPHABET INC (GOOG) | 1.9% | 2.4% | +0.5 pts | −2,962 sh | −3% |
| Reduced | AST SPACEMOBILE INC (ASTS) | 12.0% | 10.8% | −1.2 pts | −25,679 sh | −1% |
| Reduced | COGENT COMMUNICATIONS HLDGS (COI) | 6.5% | 7.3% | +0.9 pts | −6,644 sh | −1% |
| Reduced | MARKEL CORP (MKL) | 6.3% | 7.7% | +1.4 pts | −254 sh | −1% |
| Reduced | APPLIED MATLS INC (AMAT) | 5.4% | 4.8% | −0.6 pts | −2,101 sh | −1% |
| Reduced | NVR INC (NVR) | 3.8% | 3.5% | −0.3 pts | −26 sh | −1% |
| Reduced | DISNEY WALT CO (DIS) | 0.7% | 0.9% | +0.2 pts | −1,904 sh | −3% |
| Reduced | CDW CORP (CDW) | 4.7% | 4.1% | −0.7 pts | −990 sh | −1% |
| Reduced | SHENANDOAH TELECOMMUNICATION (SHEN) | 1.6% | 1.6% | 0.0 pts | −7,598 sh | −1% |
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 71.4% of the equity book
No changes in the top 10 this quarter
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | AST SPACEMOBILE INC (ASTS) | 12.0% | 10.8% | |
| 2 | BROOKFIELD CORP (BN) | 8.3% | 8.4% | |
| 3 | AON PLC (AON) | 7.1% | 7.9% | |
| 4 | MARKEL CORP (MKL) | 6.3% | 7.7% | |
| 5 | COGENT COMMUNICATIONS HLDGS (COI) | 6.5% | 7.3% | |
| 6 | OREILLY AUTOMOTIVE INC (ORLY) | 7.0% | 7.3% | |
| 7 | ENCORE CAP GROUP INC (ECPG) | 6.1% | 6.2% | |
| 8 | CARMAX INC (KMX) | 6.3% | 5.7% | |
| 9 | AMERICAN TOWER CORP NEW (AMT) | 6.9% | 5.2% | |
| 10 | APPLIED MATLS INC (AMAT) | 5.4% | 4.8% |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).