Broad Run Investment Management, LLC
Net seller this quarter
$650M
24
-$6.45M
79.2%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 ASTS | $129M | 19.91% | Not reported | -0.5% | Q2 2021 |
 AMAT | $107M | 16.41% | 0.02% | -0.5% | Q3 2021 |
 SUNB | $51.4M | 7.90% | 0.17% | -0.4% | Q1 2026 |
 BN | $51.3M | 7.89% | Not reported | -0.6% | Q4 2022 |
 MKL | $40.2M | 6.19% | 0.16% | -0.6% | Q2 2013 |
 ORLY | $34.7M | 5.34% | 0.05% | -0.5% | Q2 2013 |
 AON | $33.4M | 5.14% | 0.05% | -0.5% | Q2 2013 |
| BAM | $27M | 4.16% | Not reported | -0.2% | Q4 2013 |
 HLT | $21.2M | 3.26% | 0.03% | Not reported | Q4 2022 |
 GOOG | $19.2M | 2.96% | Not reported | -2.0% | Q4 2015 |
 NVR | $18.1M | 2.79% | 0.10% | -0.4% | Q2 2017 |
 CDW | $17.5M | 2.69% | 0.10% | -0.2% | Q4 2020 |
 AMT | $17.2M | 2.64% | 0.02% | -0.5% | Q2 2013 |
 KMX | $15M | 2.31% | 0.20% | -0.4% | Q2 2013 |
 TDG | $14.4M | 2.21% | 0.02% | Not reported | Q4 2013 |
 DHR | $13.5M | 2.08% | 0.01% | Not reported | Q4 2022 |
 RH | $10.3M | 1.58% | 0.33% | -0.3% | Q1 2020 |
 SHEN | $9.93M | 1.53% | 1.19% | -25.0% | Q2 2022 |
 CCOI | $9.16M | 1.41% | 1.29% | -0.5% | Q4 2022 |
 FND | $3.68M | 0.57% | 0.06% | Not reported | Q1 2024 |
 DIS | $3.23M | 0.50% | 0.00% | -2.1% | Q1 2019 |
 RELX | $1.49M | 0.23% | 0.00% | Not reported | Q1 2025 |
| BNT | $1.01M | 0.15% | 0.10% | Not reported | Q3 2024 |
| GOOGL | $906K | 0.14% | 0.00% | Not reported | Q4 2015 |
| Q1 2026 | |||||
| ASTS | $121M | 21.35% | Not reported | -6.9% | Q2 2021 |
| AMAT | $50.7M | 8.93% | 0.02% | -5.6% | Q3 2021 |
| BN | $49M | 8.63% | Not reported | -0.3% | Q4 2022 |
| SUNB | $44.2M | 7.78% | 0.17% | New | Q1 2026 |
| MKL | $39.6M | 6.98% | 0.16% | +0.9% | Q2 2013 |
| ORLY | $35M | 6.16% | 0.05% | -5.0% | Q2 2013 |
| AON | $32.7M | 5.75% | 0.05% | -5.1% | Q2 2013 |
| BAM | $26.8M | 4.73% | Not reported | +49.7% | Q4 2013 |
| HLT | $19.5M | 3.43% | 0.03% | Not reported | Q4 2022 |
| AMT | $18.2M | 3.21% | 0.02% | -3.9% | Q2 2013 |
| NVR | $17.6M | 3.10% | 0.10% | -4.0% | Q2 2017 |
| GOOG | $15.9M | 2.81% | Not reported | -18.2% | Q4 2015 |
| CDW | $15.1M | 2.66% | 0.10% | -1.0% | Q4 2020 |
| SHEN | $13.5M | 2.38% | 1.59% | -1.4% | Q2 2022 |
| DHR | $13.4M | 2.37% | 0.01% | Not reported | Q4 2022 |
| TDG | $12.5M | 2.20% | 0.02% | Not reported | Q4 2013 |
| CCOI | $12.5M | 2.20% | 1.32% | -0.1% | Q4 2022 |
| KMX | $11.8M | 2.08% | 0.20% | -0.4% | Q2 2013 |
| RH | $8.74M | 1.54% | 0.33% | -1.6% | Q1 2020 |
| DIS | $3.3M | 0.58% | 0.00% | -13.9% | Q1 2019 |
| FND | $3.15M | 0.55% | 0.06% | Not reported | Q1 2024 |
| RELX | $1.56M | 0.27% | 0.00% | Not reported | Q1 2025 |
| BNT | $976K | 0.17% | 0.10% | Not reported | Q3 2024 |
| GOOGL | $729K | 0.13% | 0.00% | Not reported | Q4 2015 |
| Q4 2025 | |||||
| ASTS | $114M | 21.20% | Not reported | -55.8% | Q2 2021 |
| BN | $55.8M | 10.35% | Not reported | -0.1% | Q4 2022 |
| MKL | $44.1M | 8.19% | 0.16% | -0.1% | Q2 2013 |
| AMAT | $40.4M | 7.50% | 0.02% | -3.2% | Q3 2021 |
| AON | $37.6M | 6.98% | 0.05% | -0.1% | Q2 2013 |
| ORLY | $36.4M | 6.75% | 0.05% | -0.2% | Q2 2013 |
| GOOG | $21.3M | 3.96% | Not reported | -0.4% | Q4 2015 |
| BAM | $21.1M | 3.92% | Not reported | -0.1% | Q4 2013 |
| NVR | $20.3M | 3.77% | 0.10% | -0.1% | Q2 2017 |
| AMT | $19.3M | 3.58% | 0.02% | -2.1% | Q2 2013 |
| HLT | $18.4M | 3.42% | 0.03% | Not reported | Q4 2022 |
| CDW | $17.1M | 3.18% | 0.10% | -2.1% | Q4 2020 |
| DHR | $16.2M | 3.02% | 0.01% | Not reported | Q4 2022 |
| TDG | $14.4M | 2.67% | 0.02% | Not reported | Q4 2013 |
| CCOI | $14.3M | 2.66% | 1.33% | +3.1% | Q4 2022 |
| RH | $11.4M | 2.11% | 0.34% | -1.6% | Q1 2020 |
| KMX | $11M | 2.05% | 0.20% | -4.9% | Q2 2013 |
| SHEN | $10.3M | 1.91% | 1.62% | -0.7% | Q2 2022 |
| DIS | $4.53M | 0.84% | 0.00% | -5.4% | Q1 2019 |
| FND | $3.78M | 0.70% | 0.06% | Not reported | Q1 2024 |
| RELX | $1.9M | 0.35% | 0.00% | Not reported | Q1 2025 |
| BNT | $1.08M | 0.20% | 0.10% | 0.0% | Q3 2024 |
| GOOGL | $793K | 0.15% | 0.00% | Not reported | Q4 2015 |
| Q3 2025 | |||||
| ASTS | $175M | 28.58% | Not reported | -3.4% | Q2 2021 |
| BN | $55.6M | 9.10% | Not reported | -5.7% | Q4 2022 |
| ORLY | $43.1M | 7.05% | 0.05% | -9.0% | Q2 2013 |
| MKL | $39.3M | 6.43% | 0.16% | -5.9% | Q2 2013 |
| AON | $38M | 6.22% | 0.05% | -5.9% | Q2 2013 |
| AMAT | $33.2M | 5.44% | 0.02% | -6.2% | Q3 2021 |
| CCOI | $24.7M | 4.04% | 1.31% | -5.0% | Q4 2022 |
| BAM | $23M | 3.76% | Not reported | -2.9% | Q4 2013 |
| NVR | $22.4M | 3.66% | 0.10% | -4.6% | Q2 2017 |
| AMT | $21.6M | 3.53% | 0.02% | -6.7% | Q2 2013 |
| CDW | $20.5M | 3.35% | 0.10% | -3.4% | Q4 2020 |
| HLT | $16.6M | 2.72% | 0.03% | Not reported | Q4 2022 |
| GOOG | $16.6M | 2.72% | Not reported | -17.7% | Q4 2015 |
| TDG | $14.2M | 2.33% | 0.02% | Not reported | Q4 2013 |
| DHR | $14.1M | 2.30% | 0.01% | Not reported | Q4 2022 |
| KMX | $13.5M | 2.20% | 0.20% | -5.7% | Q2 2013 |
| RH | $13.1M | 2.15% | 0.34% | -3.7% | Q1 2020 |
| SHEN | $12M | 1.97% | 1.63% | -2.5% | Q2 2022 |
| DIS | $4.82M | 0.79% | 0.00% | -18.6% | Q1 2019 |
| FND | $4.57M | 0.75% | 0.06% | Not reported | Q1 2024 |
| RELX | $2.24M | 0.37% | 0.00% | Not reported | Q1 2025 |
 ECPG | $1.49M | 0.24% | 0.16% | -93.3% | Q2 2013 |
| BNT | $1.08M | 0.18% | 0.10% | Not reported | Q3 2024 |
| GOOGL | $616K | 0.10% | 0.00% | -5.1% | Q4 2015 |