Broad Run Investment Management, LLC Long-Term Concentrated

CIK: 0001568621 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 15, 2025

Total Value ($000): $599,019 (100.0% shares, 0.0% debt)

Holdings (24)

ASTS AST SPACEMOBILE INC 14.3%

Value ($000) $85,417 Shares 3,756,229 Est. Cost $6.51 Unrealized +292.8%

BN BROOKFIELD CORP 8.8%

Value ($000) $52,765 Shares 1,006,781 Est. Cost $21.90 Unrealized +71.6%

AON AON PLC 7.8%

Value ($000) $46,727 Shares 117,085 Est. Cost $178.56 Unrealized +113.7%

MKL MARKEL CORP 7.6%

Value ($000) $45,633 Shares 24,408 Est. Cost $597.59 Unrealized +207.9%

ORLY OREILLY AUTOMOTIVE INC 7.5%

Value ($000) $45,174 Shares 31,533 Est. Cost $8.53 Unrealized +919.6%

CCOI COGENT COMMUNICATIONS HLDGS 7.1%

Value ($000) $42,798 Shares 698,063 Est. Cost $53.24 Unrealized +30.1%

AMAT APPLIED MATLS INC 5.0%

Value ($000) $29,813 Shares 205,439 Est. Cost $130.69 Unrealized +27.5%

AMT AMERICAN TOWER CORP NEW 4.6%

Value ($000) $27,834 Shares 127,912 Est. Cost $65.47 Unrealized +189.5%

KMX CARMAX INC 4.5%

Value ($000) $27,141 Shares 348,317 Est. Cost $52.56 Unrealized +52.5%

CDW CDW CORP 4.1%

Value ($000) $24,473 Shares 152,705 Est. Cost $146.74 Unrealized +22.2%

ECPG ENCORE CAP GROUP INC 3.8%

Value ($000) $22,647 Shares 660,661 Est. Cost $36.97 Unrealized +18.0%

NVR NVR INC 3.7%

Value ($000) $22,450 Shares 3,099 Est. Cost $3286.93 Unrealized +131.4%

BAM BROOKFIELD ASSET MANAGMT LTD 3.7%

Value ($000) $21,931 Shares 452,652 Est. Cost $29.04 Unrealized +82.4%

TDG TRANSDIGM GROUP INC 3.0%

Value ($000) $17,707 Shares 12,801 Est. Cost $741.62 Unrealized +68.2%

Value ($000) $16,049 Shares 68,464 Est. Cost $242.72 Unrealized +42.6%

HLT HILTON WORLDWIDE HLDGS INC 2.6%

Value ($000) $15,619 Shares 68,639 Est. Cost $168.73 Unrealized +47.3%

DHR DANAHER CORPORATION 2.4%

Value ($000) $14,542 Shares 70,935 Est. Cost $230.89 Unrealized -6.0%

GOOG ALPHABET INC 2.4%

Value ($000) $14,298 Shares 91,520 Est. Cost $107.05 Unrealized +70.5%

SHEN SHENANDOAH TELECOMMUNICATION 2.0%

Value ($000) $11,735 Shares 933,576 Est. Cost $21.84 Unrealized -46.2%

DIS DISNEY WALT CO 0.9%

Value ($000) $5,660 Shares 57,349 Est. Cost $117.02 Unrealized -9.2%

FND FLOOR & DECOR HLDGS INC 0.8%

Value ($000) $4,989 Shares 62,000 Est. Cost $113.54 Unrealized -16.8%

RELX RELX PLC 0.4%

Value ($000) $2,369 Shares 47,000 Est. Cost $50.41 Unrealized —

BNT BROOKFIELD WEALTH SOL LTD 0.1%

Value ($000) $820 Shares 15,721 Est. Cost $31.31 Unrealized +20.1%

GOOGL ALPHABET INC 0.1%

Value ($000) $426 Shares 2,754 Est. Cost $106.26 Unrealized +70.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ASTS	AST SPACEMOBILE INC	3,756,229	$85,417	14.3%	$6.51	+292.8%	COM CL A	00217D100
BN	BROOKFIELD CORP	1,006,781	$52,765	8.8%	$21.90	+71.6%	CL A LTD VT SH	11271J107
AON	AON PLC	117,085	$46,727	7.8%	$178.56	+113.7%	SHS CL A	G0403H108
MKL	MARKEL CORP	24,408	$45,633	7.6%	$597.59	+207.9%	COM	570535104
ORLY	OREILLY AUTOMOTIVE INC	31,533	$45,174	7.5%	$8.53	+919.6%	COM	67103H107
CCOI	COGENT COMMUNICATIONS HLDGS	698,063	$42,798	7.1%	$53.24	+30.1%	COM NEW	19239V302
AMAT	APPLIED MATLS INC	205,439	$29,813	5.0%	$130.69	+27.5%	COM	038222105
AMT	AMERICAN TOWER CORP NEW	127,912	$27,834	4.6%	$65.47	+189.5%	COM	03027X100
KMX	CARMAX INC	348,317	$27,141	4.5%	$52.56	+52.5%	COM	143130102
CDW	CDW CORP	152,705	$24,473	4.1%	$146.74	+22.2%	COM	12514G108
ECPG	ENCORE CAP GROUP INC	660,661	$22,647	3.8%	$36.97	+18.0%	COM	292554102
NVR	NVR INC	3,099	$22,450	3.7%	$3286.93	+131.4%	COM	62944T105
BAM	BROOKFIELD ASSET MANAGMT LTD	452,652	$21,931	3.7%	$29.04	+82.4%	CL A LMT VTG SHS	113004105
TDG	TRANSDIGM GROUP INC	12,801	$17,707	3.0%	$741.62	+68.2%	COM	893641100
RH	RH	68,464	$16,049	2.7%	$242.72	+42.6%	COM	74967X103
HLT	HILTON WORLDWIDE HLDGS INC	68,639	$15,619	2.6%	$168.73	+47.3%	COM	43300A203
DHR	DANAHER CORPORATION	70,935	$14,542	2.4%	$230.89	-6.0%	COM	235851102
GOOG	ALPHABET INC	91,520	$14,298	2.4%	$107.05	+70.5%	CAP STK CL C	02079K107
SHEN	SHENANDOAH TELECOMMUNICATION	933,576	$11,735	2.0%	$21.84	-46.2%	COM	82312B106
DIS	DISNEY WALT CO	57,349	$5,660	0.9%	$117.02	-9.2%	COM	254687106
FND	FLOOR & DECOR HLDGS INC	62,000	$4,989	0.8%	$113.54	-16.8%	CL A	339750101
RELX	RELX PLC	47,000	$2,369	0.4%	$50.41	—	SPONSORED ADR	759530108
BNT	BROOKFIELD WEALTH SOL LTD	15,721	$820	0.1%	$31.31	+20.1%	CL A EXCHANGEAB	G17434104
GOOGL	ALPHABET INC	2,754	$426	0.1%	$106.26	+70.1%	CAP STK CL A	02079K305