Broad Run Investment Management, LLC Long-Term Concentrated

CIK: 0001568621 · Show all filings

Period: Q3 2017 (← Previous) (Next →)

Filing Date: Nov 14, 2017

Total Value ($000): $2,987,539 (100.0% shares, 0.0% debt)

Holdings (26)

AMT AMERICAN TOWER CORP NEW 11.1%

Value ($000) $331,091 Shares 2,422,381 Est. Cost $65.47 Unrealized +71.5%

MKL MARKEL CORP 9.2%

Value ($000) $274,377 Shares 256,912 Est. Cost $597.59 Unrealized +73.0%

KMX CARMAX INC 8.6%

Value ($000) $255,573 Shares 3,371,233 Est. Cost $50.23 Unrealized +32.7%

— BROOKFIELD ASSET MGMT INC 7.4%

Value ($000) $220,211 Shares 5,331,983 Est. Cost $37.63 Unrealized —

— AON PLC 7.1%

Value ($000) $211,357 Shares 1,446,663 Est. Cost $79.01 Unrealized —

ORLY O'REILLY AUTOMOTIVE INC NEW 7.0%

Value ($000) $209,611 Shares 973,260 Est. Cost $8.53 Unrealized +54.7%

SCHW SCHWAB CHARLES CORP NEW 6.8%

Value ($000) $202,605 Shares 4,632,031 Est. Cost $21.95 Unrealized +69.3%

HXL HEXCEL CORP NEW 5.7%

Value ($000) $170,976 Shares 2,977,646 Est. Cost $46.86 Unrealized +15.0%

AMWD AMERICAN WOODMARK CORP 4.7%

Value ($000) $139,434 Shares 1,448,666 Est. Cost $75.91 Unrealized +21.9%

GOOG ALPHABET INC 4.7%

Value ($000) $138,969 Shares 144,893 Est. Cost $36.44 Unrealized +26.9%

GLPI GAMING AND LEISURE PROPERTIES INC 4.5%

Value ($000) $133,801 Shares 3,627,013 Est. Cost $40.31 Unrealized —

ECPG ENCORE CAP GROUP INC 4.3%

Value ($000) $128,287 Shares 2,895,876 Est. Cost $36.73 Unrealized +10.3%

NVR NVR INC 3.6%

Value ($000) $108,284 Shares 37,928 Est. Cost $2254.34 Unrealized +18.9%

— TWENTY-FIRST CENTURY FOX INC 3.6%

Value ($000) $107,669 Shares 4,081,451 Est. Cost $30.85 Unrealized —

GOOGL ALPHABET INC 2.3%

Value ($000) $68,103 Shares 69,941 Est. Cost $36.73 Unrealized +28.2%

HSIC SCHEIN HENRY INC 1.9%

Value ($000) $55,608 Shares 678,226 Est. Cost $57.46 Unrealized +18.7%

WKC WORLD FUEL SVCS CORP 1.6%

Value ($000) $47,772 Shares 1,408,781 Est. Cost $41.39 Unrealized -13.8%

AME AMETEK INC NEW 1.3%

Value ($000) $37,659 Shares 570,245 Est. Cost $45.02 Unrealized +32.7%

— MARLIN BUSINESS SVCS CORP 1.2%

Value ($000) $35,320 Shares 1,228,527 Est. Cost $19.84 Unrealized —

MG MISTRAS GROUP INC 1.1%

Value ($000) $32,285 Shares 1,574,899 Est. Cost $21.98 Unrealized -7.9%

PENN PENN NATL GAMING INC 0.9%

Value ($000) $28,016 Shares 1,197,772 Est. Cost $12.65 Unrealized +69.4%

DHIL DIAMOND HILL INV GROUP NEW 0.7%

Value ($000) $20,116 Shares 94,729 Est. Cost $56.18 Unrealized +106.9%

— DRIVE SHACK INC 0.3%

Value ($000) $10,438 Shares 2,891,311 Est. Cost $3.85 Unrealized —

— TWENTY-FIRST CENTURY FOX INC 0.3%

Value ($000) $9,295 Shares 360,428 Est. Cost $29.17 Unrealized —

— SBA COMMUNICATIONS CORP 0.2%

Value ($000) $6,983 Shares 48,474 Est. Cost $105.65 Unrealized —

AZO AUTOZONE INC 0.1%

Value ($000) $3,699 Shares 6,216 Est. Cost $746.37 Unrealized -28.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMT	AMERICAN TOWER CORP NEW	2,422,381	$331,091	11.1%	$65.47	+71.5%	COM	03027X100
MKL	MARKEL CORP	256,912	$274,377	9.2%	$597.59	+73.0%	COM	570535104
KMX	CARMAX INC	3,371,233	$255,573	8.6%	$50.23	+32.7%	COM	143130102
—	BROOKFIELD ASSET MGMT INC	5,331,983	$220,211	7.4%	$37.63	—	CL A	112585104
—	AON PLC	1,446,663	$211,357	7.1%	$79.01	—	CL A	G0408V102
ORLY	O'REILLY AUTOMOTIVE INC NEW	973,260	$209,611	7.0%	$8.53	+54.7%	COM	67103H107
SCHW	SCHWAB CHARLES CORP NEW	4,632,031	$202,605	6.8%	$21.95	+69.3%	COM	808513105
HXL	HEXCEL CORP NEW	2,977,646	$170,976	5.7%	$46.86	+15.0%	COM	428291108
AMWD	AMERICAN WOODMARK CORP	1,448,666	$139,434	4.7%	$75.91	+21.9%	COM	030506109
GOOG	ALPHABET INC	144,893	$138,969	4.7%	$36.44	+26.9%	CL C	02079K107
GLPI	GAMING AND LEISURE PROPERTIES INC	3,627,013	$133,801	4.5%	$40.31	—	COM	36467J108
ECPG	ENCORE CAP GROUP INC	2,895,876	$128,287	4.3%	$36.73	+10.3%	COM	292554102
NVR	NVR INC	37,928	$108,284	3.6%	$2254.34	+18.9%	COM	62944T105
—	TWENTY-FIRST CENTURY FOX INC	4,081,451	$107,669	3.6%	$30.85	—	CL A	90130A101
GOOGL	ALPHABET INC	69,941	$68,103	2.3%	$36.73	+28.2%	CL A	02079K305
HSIC	SCHEIN HENRY INC	678,226	$55,608	1.9%	$57.46	+18.7%	COM	806407102
WKC	WORLD FUEL SVCS CORP	1,408,781	$47,772	1.6%	$41.39	-13.8%	COM	981475106
AME	AMETEK INC NEW	570,245	$37,659	1.3%	$45.02	+32.7%	COM	031100100
—	MARLIN BUSINESS SVCS CORP	1,228,527	$35,320	1.2%	$19.84	—	COM	571157106
MG	MISTRAS GROUP INC	1,574,899	$32,285	1.1%	$21.98	-7.9%	COM	60649T107
PENN	PENN NATL GAMING INC	1,197,772	$28,016	0.9%	$12.65	+69.4%	COM	707569109
DHIL	DIAMOND HILL INV GROUP NEW	94,729	$20,116	0.7%	$56.18	+106.9%	COM	25264R207
—	DRIVE SHACK INC	2,891,311	$10,438	0.3%	$3.85	—	COM	262077100
—	TWENTY-FIRST CENTURY FOX INC	360,428	$9,295	0.3%	$29.17	—	CL B	90130A200
—	SBA COMMUNICATIONS CORP	48,474	$6,983	0.2%	$105.65	—	COM	78388J106
AZO	AUTOZONE INC	6,216	$3,699	0.1%	$746.37	-28.6%	COM	053332102