Broad Run Investment Management 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Broad Run Investment Management disclosed 24 US equity positions worth $599.0m in its Q1 2025 13F filing. The largest position was ASTS at 14.3% of the reported book, followed by BN and AON. Against the Q4 2024 filing, it opened 1 new position, added to 0 and reduced 16 among the top 24 holdings.
What did Broad Run Investment Management own in Q1 2025? Top 24 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | ASTS AST SPACEMOBILE INC | Technology | 14.3% | $85.4m | 3,756,229 | -0% | held |
| 2 | BN BROOKFIELD CORP | Financial Services | 8.8% | $52.8m | 1,006,781 | -6% | reduced |
| 3 | AON AON PLC | Financial Services | 7.8% | $46.7m | 117,085 | -27% | reduced |
| 4 | MKL MARKEL CORP | Financial Services | 7.6% | $45.6m | 24,408 | -26% | reduced |
| 5 | ORLY OREILLY AUTOMOTIVE INC | Consumer Cyclical | 7.5% | $45.2m | 31,533 | -31% | reduced |
| 6 | CCOI COGENT COMMUNICATIONS HLDGS | Communication Services | 7.1% | $42.8m | 698,063 | -0% | held |
| 7 | AMAT APPLIED MATLS INC | Technology | 5.0% | $29.8m | 205,439 | -5% | reduced |
| 8 | AMT AMERICAN TOWER CORP NEW | Real Estate | 4.6% | $27.8m | 127,912 | -39% | reduced |
| 9 | KMX CARMAX INC | Consumer Cyclical | 4.5% | $27.1m | 348,317 | -32% | reduced |
| 10 | CDW CDW CORP | Technology | 4.1% | $24.5m | 152,705 | -11% | reduced |
| 11 | ECPG ENCORE CAP GROUP INC | Financial Services | 3.8% | $22.6m | 660,661 | -30% | reduced |
| 12 | NVR NVR INC | Consumer Cyclical | 3.7% | $22.5m | 3,099 | -2% | reduced |
| 13 | BAM BROOKFIELD ASSET MANAGMT LTD | Financial Services | 3.7% | $21.9m | 452,652 | -4% | reduced |
| 14 | TDG TRANSDIGM GROUP INC | Industrials | 3.0% | $17.7m | 12,801 | -7% | reduced |
| 15 | RH RH | Consumer Cyclical | 2.7% | $16.0m | 68,464 | -7% | reduced |
| 16 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 2.6% | $15.6m | 68,639 | -15% | reduced |
| 17 | DHR DANAHER CORPORATION | Healthcare | 2.4% | $14.5m | 70,935 | 0% | held |
| 18 | GOOG ALPHABET INC | Communication Services | 2.4% | $14.3m | 91,520 | -2% | reduced |
| 19 | SHEN SHENANDOAH TELECOMMUNICATION | Communication Services | 2.0% | $11.7m | 933,576 | -0% | held |
| 20 | DIS DISNEY WALT CO | Communication Services | 0.9% | $5.7m | 57,349 | -2% | reduced |
| 21 | FND FLOOR & DECOR HLDGS INC | Consumer Cyclical | 0.8% | $5.0m | 62,000 | 0% | held |
| 22 | RELX RELX PLC | Industrials | 0.4% | $2.4m | 47,000 | – | new |
| 23 | BROOKFIELD WEALTH SOL LTD | 0.1% | $820.3k | 15,721 | 0% | held | |
| 24 | GOOGL ALPHABET INC | Communication Services | 0.1% | $425.9k | 2,754 | 0% | held |
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.