Broad Run Investment Management, LLC
Filing Date
Global Rank
#2,464
/ 8,578
▲ 133
Top Industry
Communication Equipment
21.9%
3Y Alpha vs SPY
-0.4%
Period ended 3 months ago
Filed May 15, 2026 · 31d
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+75.9%
SPY
+77.5%
Annualised alpha
-0.4%
Max drawdown
−25.3%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
23 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
21.9%
−0.3 pts
Top 5
55.4%
−1.4 pts
Top 10
79.2%
+0.0 pts
HHI
931
Diversified−29
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 33.8% | $187,021,314 |
| Financial Services | 26.9% | $149,100,824 |
| Consumer Cyclical | 17.3% | $95,792,522 |
| Industrials | 10.8% | $59,933,833 |
| Communication Services | 5.4% | $30,069,424 |
| Real Estate | 3.3% | $18,220,651 |
| Healthcare | 2.4% | $13,449,276 |
Last Quarter's Activity
Export CSVTrimmed
Positions the filer reduced
13 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| ASTS | AST SpaceMobile, Inc. | −108,743 | 1,463,094 | $121,246,599 | |
| ORLY | O Reilly Automotive Inc | −20,066 | 378,688 | $34,956,689 | |
| SHEN | Shenandoah Telecommunications Co/Va/ | −12,832 | 878,264 | $13,542,830 | |
| AMAT | Applied Materials Inc /De | −8,783 | 148,320 | $50,694,292 | |
| DIS | Walt Disney Co | −5,536 | 34,270 | $3,302,942 | |
| AON | Aon plc | −5,410 | 101,157 | $32,651,456 | |
| AMT | American Tower Corp /Ma/ | −4,297 | 105,578 | $18,220,651 | |
| BN | BROOKFIELD Corp /ON/ | −4,116 | 1,210,847 | $49,002,978 | |
| CDW | CDW Corp | −1,226 | 124,611 | $15,080,423 | |
| KMX | Carmax Inc | −1,157 | 284,385 | $11,824,728 | |
| RH | Rh | −1,020 | 62,534 | $8,743,503 | |
| CCOI | Cogent Communications Holdings, Inc. | −500 | 663,200 | $12,494,688 | |
| NVR | Nvr Inc | −110 | 2,673 | $17,614,615 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
1 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| SUNB | Sunbelt Rentals Holdings, Inc. | 704,530 | $45,857,857 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exitedNo qualifying positions this quarter.
1 positions ·
$13,449,276 total
· Healthcare only
· as of Mar 31, 2026
All sectors
Communication Services
Consumer Cyclical
Financial Services
Healthcare
Industrials
Real Estate
Technology
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| DHR |
Danaher Corp /De/
Healthcare
|
Held | 70,935 | $13,449,276 | 100.00% |