Broad Run Investment Management: 13F holdings, Q2 2026
Quality compounder · SEC EDGAR filings (CIK 0001568621) · Explore on the interactive board
Broad Run Investment Management disclosed 24 US equity positions worth $649.7m in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 14, 2026). Its largest position is ASTS at 19.9% of the reported book, followed by AMAT, SUNB. The top ten holdings are 79.2% of the book, and the portfolio behaves like about 10 equal-weight positions. Versus the prior filing it opened 0 new positions, added to 0, reduced 8 and exited 0.
What does Broad Run Investment Management own? Top holdings as of June 30, 2026
Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 0 new, 0 added, 8 reduced, 0 exited.
| # | Stock | Sector | Weight | Value | Shares | Δ shares | Action |
|---|---|---|---|---|---|---|---|
| 1 | ASTS AST SPACEMOBILE INC | Technology | 19.9% | $129.4m | 1,455,969 | -0% | held |
| 2 | AMAT APPLIED MATLS INC | Technology | 16.4% | $106.7m | 147,512 | -1% | reduced |
| 3 | SUNB SUNBELT RENTALS HOLDINGS INC | 7.9% | $51.4m | 702,078 | -0% | held | |
| 4 | BN BROOKFIELD CORP | Financial Services | 7.9% | $51.3m | 1,204,081 | -1% | reduced |
| 5 | MKL MARKEL CORP | Financial Services | 6.2% | $40.2m | 20,578 | -1% | reduced |
| 6 | ORLY OREILLY AUTOMOTIVE INC | Consumer Cyclical | 5.3% | $34.7m | 376,817 | -0% | held |
| 7 | AON AON PLC | Financial Services | 5.1% | $33.4m | 100,650 | -1% | reduced |
| 8 | BAM BROOKFIELD ASSET MANAGMT LTD | Financial Services | 4.2% | $27.0m | 602,709 | -0% | held |
| 9 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 3.3% | $21.2m | 64,139 | 0% | held |
| 10 | GOOG ALPHABET INC | Communication Services | 3.0% | $19.2m | 54,423 | -2% | reduced |
| 11 | NVR NVR INC | Consumer Cyclical | 2.8% | $18.1m | 2,662 | -0% | held |
| 12 | CDW CDW CORP | Technology | 2.7% | $17.5m | 124,310 | -0% | held |
| 13 | AMT AMERICAN TOWER CORP NEW | Real Estate | 2.6% | $17.2m | 105,005 | -1% | reduced |
| 14 | KMX CARMAX INC | Consumer Cyclical | 2.3% | $15.0m | 283,226 | -0% | held |
| 15 | TDG TRANSDIGM GROUP INC | Industrials | 2.2% | $14.4m | 10,801 | 0% | held |
| 16 | DHR DANAHER CORPORATION | Healthcare | 2.1% | $13.5m | 70,935 | 0% | held |
| 17 | RH RH | Consumer Cyclical | 1.6% | $10.3m | 62,357 | -0% | held |
| 18 | SHEN SHENANDOAH TELECOMMUNICATION | Communication Services | 1.5% | $9.9m | 658,567 | -25% | reduced |
| 19 | CCOI COGENT COMMUNICATIONS HLDGS | Communication Services | 1.4% | $9.2m | 660,130 | -0% | held |
| 20 | FND FLOOR & DECOR HLDGS INC | Consumer Cyclical | 0.6% | $3.7m | 62,000 | 0% | held |
| 21 | DIS DISNEY WALT CO | Communication Services | 0.5% | $3.2m | 33,559 | -2% | reduced |
| 22 | RELX RELX PLC | Industrials | 0.2% | $1.5m | 47,000 | 0% | held |
| 23 | BROOKFIELD WEALTH SOL LTD | 0.2% | $1.0m | 23,581 | 0% | held | |
| 24 | GOOGL ALPHABET INC | Communication Services | 0.1% | $905.9k | 2,535 | 0% | held |
Sector mix
| Sector | Weight |
|---|---|
| Technology | 39.0% |
| Financial Services | 23.4% |
| Consumer Cyclical | 15.8% |
| Communication Services | 6.5% |
| Real Estate | 2.6% |
| Industrials | 2.4% |
Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.
Filing history
| Quarter | Positions | Equity value |
|---|---|---|
| Q2 2026 | 24 | $649.7m |
| Q1 2026 | 24 | $567.9m |
| Q4 2025 | 24 | $538.5m |
| Q3 2025 | 24 | $610.9m |
| Q2 2025 | 24 | $652.8m |
| Q1 2025 | 24 | $599.0m |
| Q4 2024 | 24 | $736.0m |
| Q3 2024 | 24 | $828.4m |
| Q2 2024 | 25 | $730.2m |
| Q1 2024 | 26 | $814.1m |
| Q4 2023 | 26 | $748.4m |
| Q3 2023 | 25 | $756.8m |
| Q2 2023 | 25 | $845.2m |
| Q1 2023 | 26 | $839.1m |
| Q4 2022 | 28 | $830.3m |
| Q3 2022 | 22 | $912.9m |
Earliest filing: Q4 2012 · 55 quarters on file
How concentrated is Broad Run Investment Management's portfolio?
Across every quarter Broad Run Investment Management has filed, its median largest position is 11.1% of the book and its median top-ten weight is 75.2%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 57 completed holding spells, the median lasted 7.0 quarters; 24 positions are still open and their final length is unknown.