Filed: 11/14/2025ACC: 0001568621-25-000014
📋 What this filing means
BROAD RUN INVESTMENT MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 24 equity positions with a total reported market value of $610.93M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
24
Positions
$610.93M
Total AUM (reported)
8.03M
Total Shares
Allocation by class
COM$269.90M44.2%
COM CL A$174.60M28.6%
CL A LTD VT SH$55.62M9.1%
SHS CL A$38.02M6.2%
COM NEW$24.70M4.0%
CL A LMT VTG SHS$22.98M3.8%
CAP STK CL C$16.61M2.7%
Portfolio Concentration
Top 3$273.30M44.7%
4–10$202.16M33.1%
11–25$135.48M22.2%
Top 3 weight
44.7%
Top 10 weight
77.8%
Voting Authority Distribution
Total shares with voting rights: 8.03M
Sole
Full voting authority
7.74M
shares
% of voting shares96.4%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
292.38K
shares
% of voting shares3.6%
Investment Discretion (by position count)
Sole24
Shared0
Other0
Dominant voting typeSole · 96.4% of voting shares
Institutional Holdings24
Rows:
AST SPACEMOBILE INC
SOLEShares3.56M
TypeSH
Market value$174.60M
28.58%
Sole
3.45M
Shared
0.00
None
103.51K
BROOKFIELD CORP
SOLEShares811.01K
TypeSH
Market value$55.62M
9.10%
Sole
769.69K
Shared
0.00
None
41.32K
OREILLY AUTOMOTIVE INC
SOLEShares399.60K
TypeSH
Market value$43.08M
7.05%
Sole
379.09K
Shared
0.00
None
20.50K
MARKEL CORP
SOLEShares20.55K
TypeSH
Market value$39.27M
6.43%
Sole
19.48K
Shared
0.00
None
1.06K
AON PLC
SOLEShares106.62K
TypeSH
Market value$38.02M
6.22%
Sole
101.15K
Shared
0.00
None
5.47K
APPLIED MATLS INC
SOLEShares162.21K
TypeSH
Market value$33.21M
5.44%
Sole
153.40K
Shared
0.00
None
8.81K
COGENT COMMUNICATIONS HLDGS
SOLEShares644.03K
TypeSH
Market value$24.70M
4.04%
Sole
615.11K
Shared
0.00
None
28.92K
BROOKFIELD ASSET MANAGMT LTD
SOLEShares403.61K
TypeSH
Market value$22.98M
3.76%
Sole
393.56K
Shared
0.00
None
10.04K
NVR INC
SOLEShares2.79K
TypeSH
Market value$22.38M
3.66%
Sole
2.67K
Shared
0.00
None
114.00
AMERICAN TOWER CORP NEW
SOLEShares112.28K
TypeSH
Market value$21.59M
3.53%
Sole
105.44K
Shared
0.00
None
6.83K
CDW CORP
SOLEShares128.52K
TypeSH
Market value$20.47M
3.35%
Sole
124.74K
Shared
0.00
None
3.78K
HILTON WORLDWIDE HLDGS INC
SOLEShares64.14K
TypeSH
Market value$16.64M
2.72%
Sole
64.14K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares68.21K
TypeSH
Market value$16.61M
2.72%
Sole
56.17K
Shared
0.00
None
12.04K
TRANSDIGM GROUP INC
SOLEShares10.80K
TypeSH
Market value$14.24M
2.33%
Sole
10.80K
Shared
0.00
None
0.00
DANAHER CORPORATION
SOLEShares70.94K
TypeSH
Market value$14.06M
2.30%
Sole
70.94K
Shared
0.00
None
0.00
CARMAX INC
SOLEShares300.11K
TypeSH
Market value$13.47M
2.20%
Sole
284.65K
Shared
0.00
None
15.46K
RH
SOLEShares64.60K
TypeSH
Market value$13.12M
2.15%
Sole
62.59K
Shared
0.00
None
2.02K
SHENANDOAH TELECOMMUNICATION
SOLEShares897.48K
TypeSH
Market value$12.04M
1.97%
Sole
878.44K
Shared
0.00
None
19.04K
DISNEY WALT CO
SOLEShares42.09K
TypeSH
Market value$4.82M
0.79%
Sole
34.38K
Shared
0.00
None
7.72K
FLOOR & DECOR HLDGS INC
SOLEShares62K
TypeSH
Market value$4.57M
0.75%
Sole
62K
Shared
0.00
None
0.00
RELX PLC
SOLEShares47K
TypeSH
Market value$2.24M
0.37%
Sole
47K
Shared
0.00
None
0.00
ENCORE CAP GROUP INC
SOLEShares35.73K
TypeSH
Market value$1.49M
0.24%
Sole
30.32K
Shared
0.00
None
5.41K
BROOKFIELD WEALTH SOL LTD
SOLEShares15.72K
TypeSH
Market value$1.08M
0.18%
Sole
15.72K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares2.54K
TypeSH
Market value$616.3K
0.10%
Sole
2.21K
Shared
0.00
None
324.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
AST SPACEMOBILE INCSOLE | COM CL A | 3.56M | SH | $174.60M 28.58% | 3.45M | 0.00 | 103.51K |
BROOKFIELD CORPSOLE | CL A LTD VT SH | 811.01K | SH | $55.62M 9.10% | 769.69K | 0.00 | 41.32K |
OREILLY AUTOMOTIVE INCSOLE | COM | 399.60K | SH | $43.08M 7.05% | 379.09K | 0.00 | 20.50K |
MARKEL CORPSOLE | COM | 20.55K | SH | $39.27M 6.43% | 19.48K | 0.00 | 1.06K |
AON PLCSOLE | SHS CL A | 106.62K | SH | $38.02M 6.22% | 101.15K | 0.00 | 5.47K |
APPLIED MATLS INCSOLE | COM | 162.21K | SH | $33.21M 5.44% | 153.40K | 0.00 | 8.81K |
COGENT COMMUNICATIONS HLDGSSOLE | COM NEW | 644.03K | SH | $24.70M 4.04% | 615.11K | 0.00 | 28.92K |
BROOKFIELD ASSET MANAGMT LTDSOLE | CL A LMT VTG SHS | 403.61K | SH | $22.98M 3.76% | 393.56K | 0.00 | 10.04K |
NVR INCSOLE | COM | 2.79K | SH | $22.38M 3.66% | 2.67K | 0.00 | 114.00 |
AMERICAN TOWER CORP NEWSOLE | COM | 112.28K | SH | $21.59M 3.53% | 105.44K | 0.00 | 6.83K |
CDW CORPSOLE | COM | 128.52K | SH | $20.47M 3.35% | 124.74K | 0.00 | 3.78K |
HILTON WORLDWIDE HLDGS INCSOLE | COM | 64.14K | SH | $16.64M 2.72% | 64.14K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 68.21K | SH | $16.61M 2.72% | 56.17K | 0.00 | 12.04K |
TRANSDIGM GROUP INCSOLE | COM | 10.80K | SH | $14.24M 2.33% | 10.80K | 0.00 | 0.00 |
DANAHER CORPORATIONSOLE | COM | 70.94K | SH | $14.06M 2.30% | 70.94K | 0.00 | 0.00 |
CARMAX INCSOLE | COM | 300.11K | SH | $13.47M 2.20% | 284.65K | 0.00 | 15.46K |
RHSOLE | COM | 64.60K | SH | $13.12M 2.15% | 62.59K | 0.00 | 2.02K |
SHENANDOAH TELECOMMUNICATIONSOLE | COM | 897.48K | SH | $12.04M 1.97% | 878.44K | 0.00 | 19.04K |
DISNEY WALT COSOLE | COM | 42.09K | SH | $4.82M 0.79% | 34.38K | 0.00 | 7.72K |
FLOOR & DECOR HLDGS INCSOLE | CL A | 62K | SH | $4.57M 0.75% | 62K | 0.00 | 0.00 |
RELX PLCSOLE | SPONSORED ADR | 47K | SH | $2.24M 0.37% | 47K | 0.00 | 0.00 |
ENCORE CAP GROUP INCSOLE | COM | 35.73K | SH | $1.49M 0.24% | 30.32K | 0.00 | 5.41K |
BROOKFIELD WEALTH SOL LTDSOLE | CL A EXCHANGEAB | 15.72K | SH | $1.08M 0.18% | 15.72K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 2.54K | SH | $616.3K 0.10% | 2.21K | 0.00 | 324.00 |