Broad Run Investment Management 13F holdings, Q4 2023
Holdings as of December 31, 2023 · filings on SEC EDGAR · latest filing →
Broad Run Investment Management disclosed 26 US equity positions worth $748.4m in its Q4 2023 13F filing. The largest position was BN at 8.6% of the reported book, followed by AMT and MKL. Against the Q3 2023 filing, it opened 1 new position, added to 2 and reduced 19 among the top 26 holdings.
What did Broad Run Investment Management own in Q4 2023? Top 26 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2023 |
|---|---|---|---|---|---|---|---|
| 1 | BN BROOKFIELD CORP | Financial Services | 8.6% | $64.5m | 1,607,699 | -16% | reduced |
| 2 | AMT AMERICAN TOWER CORP NEW | Real Estate | 8.1% | $60.9m | 282,129 | -16% | reduced |
| 3 | MKL MARKEL CORP | Financial Services | 8.1% | $60.8m | 42,797 | -7% | reduced |
| 4 | ECPG ENCORE CAP GROUP INC | Financial Services | 7.6% | $57.2m | 1,126,966 | -9% | reduced |
| 5 | KMX CARMAX INC | Consumer Cyclical | 7.4% | $55.1m | 718,274 | -11% | reduced |
| 6 | AON AON PLC | Financial Services | 7.4% | $55.0m | 189,139 | -13% | reduced |
| 7 | ORLY OREILLY AUTOMOTIVE INC | Consumer Cyclical | 7.2% | $53.8m | 56,679 | -12% | reduced |
| 8 | CCOI COGENT COMMUNICATIONS HLDGS | Communication Services | 6.5% | $48.6m | 638,877 | -5% | reduced |
| 9 | AMAT APPLIED MATLS INC | Technology | 5.5% | $40.9m | 252,086 | -6% | reduced |
| 10 | CDW CDW CORP | Technology | 5.3% | $39.7m | 174,748 | -11% | reduced |
| 11 | AMERICAN WOODMARK CORPORATIO | 4.2% | $31.7m | 341,902 | -34% | reduced | |
| 12 | RH RH | Consumer Cyclical | 3.9% | $28.8m | 98,911 | -10% | reduced |
| 13 | ASTS AST SPACEMOBILE INC | Technology | 3.2% | $23.9m | 3,962,853 | 75% | added |
| 14 | NVR NVR INC | Consumer Cyclical | 2.8% | $21.2m | 3,026 | -14% | reduced |
| 15 | SHEN SHENANDOAH TELECOMMUNICATION | Communication Services | 2.8% | $21.1m | 977,368 | -4% | reduced |
| 16 | GOOG ALPHABET INC | Communication Services | 2.7% | $20.3m | 144,061 | -21% | reduced |
| 17 | BAM BROOKFIELD ASSET MANAGMT LTD | Financial Services | 2.4% | $18.1m | 451,378 | -8% | reduced |
| 18 | DHR DANAHER CORPORATION | Healthcare | 1.2% | $9.1m | 39,135 | 88% | added |
| 19 | TDG TRANSDIGM GROUP INC | Industrials | 1.2% | $9.0m | 8,873 | 0% | held |
| 20 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 1.0% | $7.2m | 39,579 | 0% | held |
| 21 | DIS DISNEY WALT CO | Communication Services | 0.9% | $6.7m | 74,018 | -18% | reduced |
| 22 | SSNC SS&C TECHNOLOGIES HLDGS INC | Technology | 0.9% | $6.4m | 104,689 | -70% | reduced |
| 23 | WMG WARNER MUSIC GROUP CORP | Communication Services | 0.8% | $5.9m | 165,601 | 0% | held |
| 24 | GOOGL ALPHABET INC | Communication Services | 0.2% | $1.3m | 9,238 | -1% | reduced |
| 25 | BROOKFIELD REINS LTD | 0.1% | $698.6k | 17,306 | 0% | held | |
| 26 | ISHARES TR | 0.0% | $351.7k | 3,342 | – | new |
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.