Broad Run Investment Management, LLC Long-Term Concentrated

CIK: 0001568621 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Feb 14, 2024

Total Value ($000): $748,359 (100.0% shares, 0.0% debt)

Holdings (26)

BN BROOKFIELD CORP 8.6%

Value ($000) $64,501 Shares 1,607,699 Est. Cost $21.90 Unrealized +2.2%

AMT AMERICAN TOWER CORP NEW 8.1%

Value ($000) $60,906 Shares 282,129 Est. Cost $65.47 Unrealized +167.5%

MKL MARKEL CORP 8.1%

Value ($000) $60,767 Shares 42,797 Est. Cost $597.59 Unrealized +137.4%

ECPG ENCORE CAP GROUP INC 7.6%

Value ($000) $57,194 Shares 1,126,966 Est. Cost $36.97 Unrealized +22.7%

KMX CARMAX INC 7.4%

Value ($000) $55,120 Shares 718,274 Est. Cost $52.56 Unrealized +27.9%

AON AON PLC 7.4%

Value ($000) $55,043 Shares 189,139 Est. Cost $178.56 Unrealized +76.6%

ORLY OREILLY AUTOMOTIVE INC 7.2%

Value ($000) $53,850 Shares 56,679 Est. Cost $8.53 Unrealized +640.7%

CCOI COGENT COMMUNICATIONS HLDGS 6.5%

Value ($000) $48,593 Shares 638,877 Est. Cost $53.14 Unrealized +10.4%

AMAT APPLIED MATLS INC 5.5%

Value ($000) $40,856 Shares 252,086 Est. Cost $125.26 Unrealized +15.1%

CDW CDW CORP 5.3%

Value ($000) $39,724 Shares 174,748 Est. Cost $145.16 Unrealized +42.0%

AMWD AMERICAN WOODMARK CORPORATIO 4.2%

Value ($000) $31,746 Shares 341,902 Est. Cost $81.97 Unrealized -5.0%

Value ($000) $28,831 Shares 98,911 Est. Cost $242.72 Unrealized +6.4%

ASTS AST SPACEMOBILE INC 3.2%

Value ($000) $23,896 Shares 3,962,853 Est. Cost $6.51 Unrealized -33.4%

NVR NVR INC 2.8%

Value ($000) $21,183 Shares 3,026 Est. Cost $2415.08 Unrealized +155.4%

SHEN SHENANDOAH TELECOMMUNICATION 2.8%

Value ($000) $21,131 Shares 977,368 Est. Cost $21.84 Unrealized +2.6%

GOOG ALPHABET INC 2.7%

Value ($000) $20,303 Shares 144,061 Est. Cost $107.05 Unrealized +25.8%

BAM BROOKFIELD ASSET MANAGMT LTD 2.4%

Value ($000) $18,132 Shares 451,378 Est. Cost $27.10 Unrealized +16.1%

DHR DANAHER CORPORATION 1.2%

Value ($000) $9,053 Shares 39,135 Est. Cost $219.80 Unrealized -4.3%

TDG TRANSDIGM GROUP INC 1.2%

Value ($000) $8,976 Shares 8,873 Est. Cost $503.62 Unrealized +59.4%

HLT HILTON WORLDWIDE HLDGS INC 1.0%

Value ($000) $7,207 Shares 39,579 Est. Cost $130.53 Unrealized +24.3%

DIS DISNEY WALT CO 0.9%

Value ($000) $6,683 Shares 74,018 Est. Cost $117.02 Unrealized -26.3%

SSNC SS&C TECHNOLOGIES HLDGS INC 0.9%

Value ($000) $6,398 Shares 104,689 Est. Cost $54.83 Unrealized -0.4%

WMG WARNER MUSIC GROUP CORP 0.8%

Value ($000) $5,927 Shares 165,601 Est. Cost $26.99 Unrealized +15.7%

GOOGL ALPHABET INC 0.2%

Value ($000) $1,290 Shares 9,238 Est. Cost $106.26 Unrealized +25.5%

— BROOKFIELD REINS LTD 0.1%

Value ($000) $699 Shares 17,306 Est. Cost $31.31 Unrealized —

ITOT ISHARES TR 0.0%

Value ($000) $352 Shares 3,342 Est. Cost $105.23 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BN	BROOKFIELD CORP	1,607,699	$64,501	8.6%	$21.90	+2.2%	CL A LTD VT SH	11271J107
AMT	AMERICAN TOWER CORP NEW	282,129	$60,906	8.1%	$65.47	+167.5%	COM	03027X100
MKL	MARKEL CORP	42,797	$60,767	8.1%	$597.59	+137.4%	COM	570535104
ECPG	ENCORE CAP GROUP INC	1,126,966	$57,194	7.6%	$36.97	+22.7%	COM	292554102
KMX	CARMAX INC	718,274	$55,120	7.4%	$52.56	+27.9%	COM	143130102
AON	AON PLC	189,139	$55,043	7.4%	$178.56	+76.6%	SHS CL A	G0403H108
ORLY	OREILLY AUTOMOTIVE INC	56,679	$53,850	7.2%	$8.53	+640.7%	COM	67103H107
CCOI	COGENT COMMUNICATIONS HLDGS	638,877	$48,593	6.5%	$53.14	+10.4%	COM NEW	19239V302
AMAT	APPLIED MATLS INC	252,086	$40,856	5.5%	$125.26	+15.1%	COM	038222105
CDW	CDW CORP	174,748	$39,724	5.3%	$145.16	+42.0%	COM	12514G108
AMWD	AMERICAN WOODMARK CORPORATIO	341,902	$31,746	4.2%	$81.97	-5.0%	COM	030506109
RH	RH	98,911	$28,831	3.9%	$242.72	+6.4%	COM	74967X103
ASTS	AST SPACEMOBILE INC	3,962,853	$23,896	3.2%	$6.51	-33.4%	COM CL A	00217D100
NVR	NVR INC	3,026	$21,183	2.8%	$2415.08	+155.4%	COM	62944T105
SHEN	SHENANDOAH TELECOMMUNICATION	977,368	$21,131	2.8%	$21.84	+2.6%	COM	82312B106
GOOG	ALPHABET INC	144,061	$20,303	2.7%	$107.05	+25.8%	CAP STK CL C	02079K107
BAM	BROOKFIELD ASSET MANAGMT LTD	451,378	$18,132	2.4%	$27.10	+16.1%	CL A LMT VTG SHS	113004105
DHR	DANAHER CORPORATION	39,135	$9,053	1.2%	$219.80	-4.3%	COM	235851102
TDG	TRANSDIGM GROUP INC	8,873	$8,976	1.2%	$503.62	+59.4%	COM	893641100
HLT	HILTON WORLDWIDE HLDGS INC	39,579	$7,207	1.0%	$130.53	+24.3%	COM	43300A203
DIS	DISNEY WALT CO	74,018	$6,683	0.9%	$117.02	-26.3%	COM	254687106
SSNC	SS&C TECHNOLOGIES HLDGS INC	104,689	$6,398	0.9%	$54.83	-0.4%	COM	78467J100
WMG	WARNER MUSIC GROUP CORP	165,601	$5,927	0.8%	$26.99	+15.7%	COM CL A	934550203
GOOGL	ALPHABET INC	9,238	$1,290	0.2%	$106.26	+25.5%	CAP STK CL A	02079K305
—	BROOKFIELD REINS LTD	17,306	$699	0.1%	$31.31	—	CL A EXCH LT VTG	G16250105
ITOT	ISHARES TR	3,342	$352	0.0%	$105.23	—	CORE S&P TTL STK	464287150