Capco Asset Management, LLC Long-Term Concentrated

Location: Tampa, FL

CIK: 0001698068 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 12, 2025

Total Value: $429M (100.0% shares, 0.0% debt)

Holdings (27)

MAR MARRIOTT INTL INC NEW 14.7%

Value $62.96M Shares 241,732 Est. Cost $112.52 Unrealized +137.7%

MKL MARKEL GROUP INC 11.8%

Value $50.75M Shares 26,552 Est. Cost $1239.62 Unrealized +58.1%

PGR PROGRESSIVE CORP 11.4%

Value $48.68M Shares 197,126 Est. Cost $52.89 Unrealized +338.0%

ROP ROPER TECHNOLOGIES INC 10.7%

Value $46.01M Shares 92,253 Est. Cost $490.07 Unrealized +8.4%

MSFT MICROSOFT CORP 8.7%

Value $37.21M Shares 71,850 Est. Cost $99.60 Unrealized +410.8%

AMZN AMAZON COM INC 7.1%

Value $30.64M Shares 139,546 Est. Cost $132.11 Unrealized +71.3%

ADSK AUTODESK INC 6.7%

Value $28.56M Shares 89,897 Est. Cost $195.29 Unrealized +56.0%

— CHARTER COMMUNICATIONS INC N 6.5%

Value $27.77M Shares 100,932 Est. Cost $469.84 Unrealized —

— GOGO INC 5.8%

Value $24.85M Shares 2,893,373 Est. Cost $13.20 Unrealized —

WBD WARNER BROS DISCOVERY INC 5.3%

Value $22.66M Shares 1,160,143 Est. Cost $16.22 Unrealized -16.0%

LRCX LAM RESEARCH CORP 4.8%

Value $20.38M Shares 152,219 Est. Cost $76.06 Unrealized +38.7%

— ANHEUSER BUSCH INBEV SA/NV 4.3%

Value $18.28M Shares 306,625 Est. Cost $59.84 Unrealized —

TEAM ATLASSIAN CORPORATION 2.1%

Value $8.837M Shares 55,334 Est. Cost $180.99 Unrealized -0.0%

— COSTCO WHSL CORP NEW 0.1%

Value $352K Shares 380 Est. Cost $255.64 Unrealized —

LSTR LANDSTAR SYS INC 0.0%

Value $159K Shares 1,300 Est. Cost $103.02 Unrealized —

WDC WESTERN DIGITAL CORP 0.0%

Value $103K Shares 860 Est. Cost $47.46 Unrealized +71.9%

— CERTARA INC 0.0%

Value $99,006 Shares 8,102 Est. Cost $11.70 Unrealized —

— WORKDAY INC 0.0%

Value $96,292 Shares 400 Est. Cost $240.00 Unrealized —

FIX COMFORT SYS USA INC 0.0%

Value $89,119 Shares 108 Est. Cost $434.87 Unrealized +55.7%

TSM TAIWAN SEMICONDUCTOR MFG LTD 0.0%

Value $79,598 Shares 285 Est. Cost $226.49 Unrealized —

— SPDR S&P 500 ETF TR 0.0%

Value $75,278 Shares 113 Est. Cost $601.68 Unrealized —

GOOG ALPHABET INC 0.0%

Value $63,323 Shares 260 Est. Cost $164.85 Unrealized +27.3%

— MONDAY COM LTD 0.0%

Value $62,174 Shares 321 Est. Cost $293.41 Unrealized —

META META PLATFORMS INC 0.0%

Value $55,079 Shares 75 Est. Cost $616.61 Unrealized +20.5%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.0%

Value $50,274 Shares 100 Est. Cost $180.77 Unrealized +167.9%

— FRP HLDGS INC 0.0%

Value $4,872 Shares 200 Est. Cost $37.03 Unrealized —

AAPL APPLE INC 0.0%

Value $1,019 Shares 4 Est. Cost $33.39 Unrealized +575.6%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MAR	MARRIOTT INTL INC NEW	241,732	$62.96M	14.7%	$112.52	+137.7%	CL A	571903202
MKL	MARKEL GROUP INC	26,552	$50.75M	11.8%	$1239.62	+58.1%	COM	570535104
PGR	PROGRESSIVE CORP	197,126	$48.68M	11.4%	$52.89	+338.0%	COM	743315103
ROP	ROPER TECHNOLOGIES INC	92,253	$46.01M	10.7%	$490.07	+8.4%	COM	776696106
MSFT	MICROSOFT CORP	71,850	$37.21M	8.7%	$99.60	+410.8%	COM	594918104
AMZN	AMAZON COM INC	139,546	$30.64M	7.1%	$132.11	+71.3%	COM	023135106
ADSK	AUTODESK INC	89,897	$28.56M	6.7%	$195.29	+56.0%	COM	052769106
—	CHARTER COMMUNICATIONS INC N	100,932	$27.77M	6.5%	$469.84	—	CL A	16119p108
—	GOGO INC	2,893,373	$24.85M	5.8%	$13.20	—	COM	38046c109
WBD	WARNER BROS DISCOVERY INC	1,160,143	$22.66M	5.3%	$16.22	-16.0%	COM SER A	934423104
LRCX	LAM RESEARCH CORP	152,219	$20.38M	4.8%	$76.06	+38.7%	COM NEW	512807306
—	ANHEUSER BUSCH INBEV SA/NV	306,625	$18.28M	4.3%	$59.84	—	SPONSORED ADR	03524a108
TEAM	ATLASSIAN CORPORATION	55,334	$8.837M	2.1%	$180.99	-0.0%	CL A	049468101
—	COSTCO WHSL CORP NEW	380	$352K	0.1%	$255.64	—	COM	22160k105
LSTR	LANDSTAR SYS INC	1,300	$159K	0.0%	$103.02	—	COM	515098101
WDC	WESTERN DIGITAL CORP	860	$103K	0.0%	$47.46	+71.9%	COM	958102105
—	CERTARA INC	8,102	$99,006	0.0%	$11.70	—	COM	15687v109
—	WORKDAY INC	400	$96,292	0.0%	$240.00	—	CL A	98138h101
FIX	COMFORT SYS USA INC	108	$89,119	0.0%	$434.87	+55.7%	COM	199908104
TSM	TAIWAN SEMICONDUCTOR MFG LTD	285	$79,598	0.0%	$226.49	—	SPONSORED ADS	874039100
—	SPDR S&P 500 ETF TR	113	$75,278	0.0%	$601.68	—	TR UNIT	78462f103
GOOG	ALPHABET INC	260	$63,323	0.0%	$164.85	+27.3%	CAP STK CL C	02079K107
—	MONDAY COM LTD	321	$62,174	0.0%	$293.41	—	SHS	m7s64h106
META	META PLATFORMS INC	75	$55,079	0.0%	$616.61	+20.5%	CL A	30303M102
BRK/B	BERKSHIRE HATHAWAY INC DEL	100	$50,274	0.0%	$180.77	+167.9%	CL B NEW	084670702
—	FRP HLDGS INC	200	$4,872	0.0%	$37.03	—	COM	30292l107
AAPL	APPLE INC	4	$1,019	0.0%	$33.39	+575.6%	COM	037833100