Capco Asset Management, LLC Long-Term Concentrated

Location: Tampa, FL

CIK: 0001698068 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 6, 2026

Total Value: $409M (100.0% shares, 0.0% debt)

Holdings (28)

MAR MARRIOTT INTL INC NEW 18.0%

Value $73.64M Shares 237,357 Est. Cost $112.52 Unrealized +153.6%

MKL MARKEL GROUP INC 13.7%

Value $56.09M Shares 26,094 Est. Cost $1239.62 Unrealized +63.4%

ROP ROPER TECHNOLOGIES INC 12.0%

Value $49.01M Shares 110,112 Est. Cost $485.55 Unrealized -4.8%

PGR PROGRESSIVE CORP 10.8%

Value $44.22M Shares 194,173 Est. Cost $52.89 Unrealized +301.4%

MSFT MICROSOFT CORP 8.3%

Value $34.14M Shares 70,591 Est. Cost $99.60 Unrealized +402.6%

AMZN AMAZON COM INC 7.8%

Value $31.69M Shares 137,308 Est. Cost $132.11 Unrealized +73.2%

ADSK AUTODESK INC 6.4%

Value $26.15M Shares 88,339 Est. Cost $195.29 Unrealized +54.9%

LRCX LAM RESEARCH CORP 6.3%

Value $25.6M Shares 149,560 Est. Cost $76.06 Unrealized +104.3%

— ANHEUSER BUSCH INBEV SA/NV 4.7%

Value $19.28M Shares 301,100 Est. Cost $59.84 Unrealized —

LBRDK LIBERTY BROADBAND CORP 3.9%

Value $16.1M Shares 331,214 Est. Cost $52.01 Unrealized 0.0%

— GOGO INC 3.2%

Value $13.28M Shares 2,848,776 Est. Cost $13.20 Unrealized —

— CHARTER COMMUNICATIONS INC N 2.3%

Value $9.398M Shares 45,021 Est. Cost $469.84 Unrealized —

TEAM ATLASSIAN CORPORATION 2.2%

Value $8.937M Shares 55,119 Est. Cost $180.99 Unrealized -13.3%

— COSTCO WHSL CORP NEW 0.1%

Value $328K Shares 380 Est. Cost $255.64 Unrealized —

LSTR LANDSTAR SYS INC 0.0%

Value $187K Shares 1,300 Est. Cost $103.02 Unrealized —

TSM TAIWAN SEMICONDUCTOR MFG LTD 0.0%

Value $112K Shares 369 Est. Cost $244.11 Unrealized —

— CERTARA INC 0.0%

Value $101K Shares 11,469 Est. Cost $10.85 Unrealized —

FIX COMFORT SYSTEMS USA INC 0.0%

Value $101K Shares 108 Est. Cost $434.87 Unrealized +112.2%

— MONDAY COM LTD 0.0%

Value $85,142 Shares 577 Est. Cost $228.70 Unrealized —

GOOG ALPHABET INC 0.0%

Value $81,588 Shares 260 Est. Cost $164.85 Unrealized +73.7%

— SPDR S&P 500 ETF TR 0.0%

Value $77,057 Shares 113 Est. Cost $601.68 Unrealized —

WDC WESTERN DIGITAL CORP 0.0%

Value $67,358 Shares 391 Est. Cost $47.46 Unrealized +219.3%

META META PLATFORMS INC 0.0%

Value $54,127 Shares 82 Est. Cost $620.94 Unrealized +7.5%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.0%

Value $50,265 Shares 100 Est. Cost $180.77 Unrealized +175.2%

— WORKDAY INC 0.0%

Value $39,949 Shares 186 Est. Cost $240.00 Unrealized —

DHR DANAHER CORPORATION 0.0%

Value $34,338 Shares 150 Est. Cost $219.54 Unrealized 0.0%

— FRP HLDGS INC 0.0%

Value $4,558 Shares 200 Est. Cost $37.03 Unrealized —

AAPL APPLE INC 0.0%

Value $1,087 Shares 4 Est. Cost $33.39 Unrealized +703.7%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MAR	MARRIOTT INTL INC NEW	237,357	$73.64M	18.0%	$112.52	+153.6%	CL A	571903202
MKL	MARKEL GROUP INC	26,094	$56.09M	13.7%	$1239.62	+63.4%	COM	570535104
ROP	ROPER TECHNOLOGIES INC	110,112	$49.01M	12.0%	$485.55	-4.8%	COM	776696106
PGR	PROGRESSIVE CORP	194,173	$44.22M	10.8%	$52.89	+301.4%	COM	743315103
MSFT	MICROSOFT CORP	70,591	$34.14M	8.3%	$99.60	+402.6%	COM	594918104
AMZN	AMAZON COM INC	137,308	$31.69M	7.8%	$132.11	+73.2%	COM	023135106
ADSK	AUTODESK INC	88,339	$26.15M	6.4%	$195.29	+54.9%	COM	052769106
LRCX	LAM RESEARCH CORP	149,560	$25.6M	6.3%	$76.06	+104.3%	COM NEW	512807306
—	ANHEUSER BUSCH INBEV SA/NV	301,100	$19.28M	4.7%	$59.84	—	SPONSORED ADR	03524a108
LBRDK	LIBERTY BROADBAND CORP	331,214	$16.1M	3.9%	$52.01	0.0%	COM SER C	530307305
—	GOGO INC	2,848,776	$13.28M	3.2%	$13.20	—	COM	38046c109
—	CHARTER COMMUNICATIONS INC N	45,021	$9.398M	2.3%	$469.84	—	CL A	16119p108
TEAM	ATLASSIAN CORPORATION	55,119	$8.937M	2.2%	$180.99	-13.3%	CL A	049468101
—	COSTCO WHSL CORP NEW	380	$328K	0.1%	$255.64	—	COM	22160k105
LSTR	LANDSTAR SYS INC	1,300	$187K	0.0%	$103.02	—	COM	515098101
TSM	TAIWAN SEMICONDUCTOR MFG LTD	369	$112K	0.0%	$244.11	—	SPONSORED ADS	874039100
—	CERTARA INC	11,469	$101K	0.0%	$10.85	—	COM	15687v109
FIX	COMFORT SYSTEMS USA INC	108	$101K	0.0%	$434.87	+112.2%	COM	199908104
—	MONDAY COM LTD	577	$85,142	0.0%	$228.70	—	SHS	m7s64h106
GOOG	ALPHABET INC	260	$81,588	0.0%	$164.85	+73.7%	CAP STK CL C	02079K107
—	SPDR S&P 500 ETF TR	113	$77,057	0.0%	$601.68	—	TR UNIT	78462f103
WDC	WESTERN DIGITAL CORP	391	$67,358	0.0%	$47.46	+219.3%	COM	958102105
META	META PLATFORMS INC	82	$54,127	0.0%	$620.94	+7.5%	CL A	30303M102
BRK/B	BERKSHIRE HATHAWAY INC DEL	100	$50,265	0.0%	$180.77	+175.2%	CL B NEW	084670702
—	WORKDAY INC	186	$39,949	0.0%	$240.00	—	CL A	98138h101
DHR	DANAHER CORPORATION	150	$34,338	0.0%	$219.54	0.0%	COM	235851102
—	FRP HLDGS INC	200	$4,558	0.0%	$37.03	—	COM	30292l107
AAPL	APPLE INC	4	$1,087	0.0%	$33.39	+703.7%	COM	037833100