Broad Run Investment Management, LLC Long-Term Concentrated

CIK: 0001568621 · Show all filings

Period: Q1 2014 (← Previous) (Next →)

Filing Date: May 15, 2014

Total Value ($000): $1,318,229 (100.0% shares, 0.0% debt)

Holdings (34)

ORLY O'Reilly Automotive, Inc. 10.3%

Value ($000) $135,871 Shares 915,640 Est. Cost $7.42 Unrealized +28.5%

AMT American Tower Corp. 9.4%

Value ($000) $123,783 Shares 1,511,951 Est. Cost $58.73 Unrealized +4.9%

MKL Markel Corp. 9.2%

Value ($000) $120,795 Shares 202,643 Est. Cost $525.57 Unrealized +8.4%

KMX CarMax, Inc. 7.6%

Value ($000) $100,312 Shares 2,143,423 Est. Cost $45.82 Unrealized +1.9%

— Bally Technologies, Inc. 6.0%

Value ($000) $79,296 Shares 1,196,576 Est. Cost $56.66 Unrealized —

— Google Inc. 5.9%

Value ($000) $78,402 Shares 70,347 Est. Cost $898.15 Unrealized —

GLPI Gaming and Leisure Properties, 5.8%

Value ($000) $75,971 Shares 2,083,695 Est. Cost $46.07 Unrealized —

— Aon plc 5.6%

Value ($000) $73,475 Shares 871,796 Est. Cost $65.72 Unrealized —

— Twenty-First Century Fox, Inc. 5.1%

Value ($000) $67,354 Shares 2,106,814 Est. Cost $33.41 Unrealized —

SCHW The Charles Schwab Corp. 5.0%

Value ($000) $65,726 Shares 2,404,904 Est. Cost $16.63 Unrealized +36.5%

ECPG Encore Capital Group, Inc. 4.6%

Value ($000) $60,452 Shares 1,322,813 Est. Cost $36.76 Unrealized +31.3%

WKC World Fuel Services Corp. 4.0%

Value ($000) $52,774 Shares 1,196,717 Est. Cost $39.49 Unrealized +12.0%

— MICROS Systems, Inc. 4.0%

Value ($000) $52,435 Shares 990,666 Est. Cost $47.58 Unrealized —

DKS Dick's Sporting Goods, Inc. 3.5%

Value ($000) $45,512 Shares 833,404 Est. Cost $37.44 Unrealized +7.6%

TROW T. Rowe Price Group, Inc. 3.3%

Value ($000) $43,403 Shares 527,051 Est. Cost $48.65 Unrealized +8.1%

SSD Simpson Manufacturing Co., Inc 2.3%

Value ($000) $30,736 Shares 869,975 Est. Cost $25.07 Unrealized +18.0%

AMWD American Woodmark Corp. 2.1%

Value ($000) $27,074 Shares 804,350 Est. Cost $34.23 Unrealized +0.4%

— Roadrunner Transportation Syst 1.8%

Value ($000) $23,448 Shares 929,017 Est. Cost $27.83 Unrealized —

HSIC Henry Schein, Inc. 1.7%

Value ($000) $22,004 Shares 184,339 Est. Cost $36.74 Unrealized +24.4%

PENN Penn National Gaming, Inc. 1.1%

Value ($000) $15,108 Shares 1,226,370 Est. Cost $12.65 Unrealized -2.5%

DHIL Diamond Hill Investment Group, 0.9%

Value ($000) $11,465 Shares 87,228 Est. Cost $42.29 Unrealized +53.3%

— Marlin Business Services Corp. 0.8%

Value ($000) $10,597 Shares 509,274 Est. Cost $22.99 Unrealized —

— Brookfield Asset Management In 0.1%

Value ($000) $1,235 Shares 30,240 Est. Cost $40.81 Unrealized —

MG Mistras Group, Inc. 0.1%

Value ($000) $886 Shares 38,909 Est. Cost $19.79 Unrealized +16.6%

— Valeant Pharmaceuticals Intern 0.0%

Value ($000) $17 Shares 132 Est. Cost $113.64 Unrealized —

— National Oilwell Varco, Inc. 0.0%

Value ($000) $15 Shares 188 Est. Cost $79.79 Unrealized —

TDG TransDigm Group Inc 0.0%

Value ($000) $14 Shares 74 Est. Cost $81.23 Unrealized +17.3%

EBAY eBay Inc. 0.0%

Value ($000) $12 Shares 222 Est. Cost $19.70 Unrealized +4.9%

— ITC Holdings Corp. 0.0%

Value ($000) $11 Shares 282 Est. Cost $57.92 Unrealized —

ORCL Oracle Corp. 0.0%

Value ($000) $11 Shares 276 Est. Cost $28.79 Unrealized +11.1%

PRGO Perrigo Company plc 0.0%

Value ($000) $9 Shares 58 Est. Cost $144.14 Unrealized +9.5%

— Airgas, Inc. 0.0%

Value ($000) $9 Shares 80 Est. Cost $112.50 Unrealized —

GWW W.W. Grainger, Inc. 0.0%

Value ($000) $9 Shares 36 Est. Cost $213.42 Unrealized -3.7%

— Charter Communications, Inc. 0.0%

Value ($000) $8 Shares 66 Est. Cost $136.36 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ORLY	O'Reilly Automotive, Inc.	915,640	$135,871	10.3%	$7.42	+28.5%	COM	67103H107
AMT	American Tower Corp.	1,511,951	$123,783	9.4%	$58.73	+4.9%	COM	03027X100
MKL	Markel Corp.	202,643	$120,795	9.2%	$525.57	+8.4%	COM	570535104
KMX	CarMax, Inc.	2,143,423	$100,312	7.6%	$45.82	+1.9%	COM	143130102
—	Bally Technologies, Inc.	1,196,576	$79,296	6.0%	$56.66	—	COM	05874B107
—	Google Inc.	70,347	$78,402	5.9%	$898.15	—	CLA	38259P508
GLPI	Gaming and Leisure Properties,	2,083,695	$75,971	5.8%	$46.07	—	COM	36467J108
—	Aon plc	871,796	$73,475	5.6%	$65.72	—	CLA	G0408V102
—	Twenty-First Century Fox, Inc.	2,106,814	$67,354	5.1%	$33.41	—	CLA	90130A101
SCHW	The Charles Schwab Corp.	2,404,904	$65,726	5.0%	$16.63	+36.5%	COM	808513105
ECPG	Encore Capital Group, Inc.	1,322,813	$60,452	4.6%	$36.76	+31.3%	COM	292554102
WKC	World Fuel Services Corp.	1,196,717	$52,774	4.0%	$39.49	+12.0%	COM	981475106
—	MICROS Systems, Inc.	990,666	$52,435	4.0%	$47.58	—	COM	594901100
DKS	Dick's Sporting Goods, Inc.	833,404	$45,512	3.5%	$37.44	+7.6%	COM	253393102
TROW	T. Rowe Price Group, Inc.	527,051	$43,403	3.3%	$48.65	+8.1%	COM	74144T108
SSD	Simpson Manufacturing Co., Inc	869,975	$30,736	2.3%	$25.07	+18.0%	COM	829073105
AMWD	American Woodmark Corp.	804,350	$27,074	2.1%	$34.23	+0.4%	COM	030506109
—	Roadrunner Transportation Syst	929,017	$23,448	1.8%	$27.83	—	COM	76973Q105
HSIC	Henry Schein, Inc.	184,339	$22,004	1.7%	$36.74	+24.4%	COM	806407102
PENN	Penn National Gaming, Inc.	1,226,370	$15,108	1.1%	$12.65	-2.5%	COM	707569109
DHIL	Diamond Hill Investment Group,	87,228	$11,465	0.9%	$42.29	+53.3%	COM	25264R207
—	Marlin Business Services Corp.	509,274	$10,597	0.8%	$22.99	—	COM	571157106
—	Brookfield Asset Management In	30,240	$1,235	0.1%	$40.81	—	CLA	112585104
MG	Mistras Group, Inc.	38,909	$886	0.1%	$19.79	+16.6%	COM	60649T107
—	Valeant Pharmaceuticals Intern	132	$17	0.0%	$113.64	—	COM	91911K102
—	National Oilwell Varco, Inc.	188	$15	0.0%	$79.79	—	COM	637071101
TDG	TransDigm Group Inc	74	$14	0.0%	$81.23	+17.3%	COM	893641100
EBAY	eBay Inc.	222	$12	0.0%	$19.70	+4.9%	COM	278642103
—	ITC Holdings Corp.	282	$11	0.0%	$57.92	—	COM	465685105
ORCL	Oracle Corp.	276	$11	0.0%	$28.79	+11.1%	COM	68389X105
PRGO	Perrigo Company plc	58	$9	0.0%	$144.14	+9.5%	COM	G97822103
—	Airgas, Inc.	80	$9	0.0%	$112.50	—	COM	009363102
GWW	W.W. Grainger, Inc.	36	$9	0.0%	$213.42	-3.7%	COM	384802104
—	Charter Communications, Inc.	66	$8	0.0%	$136.36	—	CLA	16117M305