Broad Run Investment Management 13F holdings, Q3 2023
Holdings as of September 30, 2023 · filings on SEC EDGAR · latest filing →
Broad Run Investment Management disclosed 25 US equity positions worth $756.8m in its Q3 2023 13F filing. The largest position was AON at 9.3% of the reported book, followed by MKL and BN. Against the Q2 2023 filing, it opened 0 new positions, added to 2 and reduced 19 among the top 25 holdings.
What did Broad Run Investment Management own in Q3 2023? Top 25 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2023 |
|---|---|---|---|---|---|---|---|
| 1 | AON AON PLC | Financial Services | 9.3% | $70.4m | 217,208 | -5% | reduced |
| 2 | MKL MARKEL CORP | Financial Services | 9.0% | $68.1m | 46,233 | -11% | reduced |
| 3 | BN BROOKFIELD CORP | Financial Services | 7.9% | $60.0m | 1,918,229 | -3% | reduced |
| 4 | ECPG ENCORE CAP GROUP INC | Financial Services | 7.8% | $58.9m | 1,232,755 | -1% | reduced |
| 5 | ORLY OREILLY AUTOMOTIVE INC | Consumer Cyclical | 7.8% | $58.8m | 64,748 | -4% | reduced |
| 6 | KMX CARMAX INC | Consumer Cyclical | 7.6% | $57.3m | 810,473 | -5% | reduced |
| 7 | AMT AMERICAN TOWER CORP NEW | Real Estate | 7.3% | $54.9m | 334,037 | -1% | reduced |
| 8 | CCOI COGENT COMMUNICATIONS HLDGS | Communication Services | 5.5% | $41.5m | 669,731 | 62% | added |
| 9 | CDW CDW CORP | Technology | 5.2% | $39.6m | 196,388 | -8% | reduced |
| 10 | AMERICAN WOODMARK CORPORATIO | 5.2% | $39.0m | 515,760 | -7% | reduced | |
| 11 | AMAT APPLIED MATLS INC | Technology | 4.9% | $37.2m | 269,020 | -2% | reduced |
| 12 | RH RH | Consumer Cyclical | 3.8% | $29.1m | 110,067 | -20% | reduced |
| 13 | GOOG ALPHABET INC | Communication Services | 3.2% | $24.0m | 182,036 | -9% | reduced |
| 14 | NVR NVR INC | Consumer Cyclical | 2.8% | $20.9m | 3,505 | -5% | reduced |
| 15 | SHEN SHENANDOAH TELECOMMUNICATION | Communication Services | 2.8% | $20.9m | 1,013,494 | -1% | reduced |
| 16 | SSNC SS&C TECHNOLOGIES HLDGS INC | Technology | 2.4% | $18.2m | 346,983 | -51% | reduced |
| 17 | BAM BROOKFIELD ASSET MANAGMT LTD | Financial Services | 2.2% | $16.4m | 492,456 | -1% | reduced |
| 18 | ASTS AST SPACEMOBILE INC | Technology | 1.1% | $8.6m | 2,267,048 | -1% | reduced |
| 19 | TDG TRANSDIGM GROUP INC | Industrials | 1.0% | $7.5m | 8,873 | 0% | held |
| 20 | DIS DISNEY WALT CO | Communication Services | 1.0% | $7.3m | 89,832 | -8% | reduced |
| 21 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 0.8% | $5.9m | 39,579 | 0% | held |
| 22 | WMG WARNER MUSIC GROUP CORP | Communication Services | 0.7% | $5.2m | 165,601 | 0% | held |
| 23 | DHR DANAHER CORPORATION | Healthcare | 0.7% | $5.2m | 20,805 | 0% | held |
| 24 | GOOGL ALPHABET INC | Communication Services | 0.2% | $1.2m | 9,319 | -19% | reduced |
| 25 | BROOKFIELD REINS LTD | 0.1% | $544.6k | 17,306 | 10% | added |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.