13F COMBINATION REPORT
River Road Asset Management, LLC
Quarter ended Q4 2025 · Filed February 24, 2026 · Accession 0001341401-26-000004
Total Value
$9.12B
Positions
175
Other Managers
1
Confidential Omitted
No
Holdings (175)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | BJ's Wholesale Club Holdings, | 05550J101 | 3,403,710 | $306.4M | 3.36% |
| 2 | White Mountains Insurance Grou | G9618E107 | 120,880 | $251.2M | 2.76% |
| 3 | Lithia Motors, Inc. | 536797103 | 742,677 | $246.8M | 2.71% |
| 4 | Berkshire Hathaway Inc. Class | BRK-A | 447,921 | $225.1M | 2.47% |
| 5 | McGrath RentCorp | MGRC | 2,131,121 | $223.6M | 2.45% |
| 6 | Murphy USA, Inc. | MUSA | 506,214 | $204.3M | 2.24% |
| 7 | CoreCivic, Inc. | CXW | 8,978,240 | $171.6M | 1.88% |
| 8 | Assured Guaranty Ltd. | AGO | 1,885,863 | $169.5M | 1.86% |
| 9 | UniFirst Corporation | UNF | 865,014 | $166.9M | 1.83% |
| 10 | Amrize Ltd | AMRZ | 2,883,536 | $155.9M | 1.71% |
| 11 | GXO Logistics Inc | GXO | 2,942,811 | $154.9M | 1.70% |
| 12 | Genworth Financial, Inc. | 37247D106 | 16,396,056 | $148.1M | 1.62% |
| 13 | ePlus inc. | PLUS | 1,616,749 | $141.8M | 1.56% |
| 14 | Caci International Inc Class A | 127190304 | 251,387 | $133.9M | 1.47% |
| 15 | Ares Management Corporation | ARES-PB | 807,300 | $130.5M | 1.43% |
| 16 | Mid-America Apartment Communit | 59522J103 | 937,860 | $130.3M | 1.43% |
| 17 | Cooper Companies, Inc. | 216648501 | 1,582,867 | $129.7M | 1.42% |
| 18 | CRH public limited company | CRH | 1,036,775 | $129.4M | 1.42% |
| 19 | Vontier Corp | VNT | 3,298,671 | $122.6M | 1.35% |
| 20 | First Citizens BancShares, Inc | 31946M103 | 55,402 | $118.9M | 1.30% |
| 21 | GE Healthcare Technologies Inc | GEHC | 1,410,848 | $115.7M | 1.27% |
| 22 | WEX Inc. | WEX | 776,008 | $115.6M | 1.27% |
| 23 | Union Pacific Corporation | UNP | 490,254 | $113.4M | 1.24% |
| 24 | Axis Capital Holdings Limited | G0692U109 | 1,051,961 | $112.7M | 1.24% |
| 25 | AptarGroup, Inc. | ATR | 917,670 | $111.9M | 1.23% |
| 26 | Willis Towers Watson Public Li | WTW | 340,513 | $111.9M | 1.23% |
| 27 | Kroger Co. | KR | 1,761,155 | $110.0M | 1.21% |
| 28 | Carlisle Companies Incorporate | 142339100 | 330,729 | $105.8M | 1.16% |
| 29 | Smith & Nephew plc Sponsored A | SNNUF | 3,169,644 | $104.0M | 1.14% |
| 30 | Labcorp Holdings Inc. | LH | 408,256 | $102.4M | 1.12% |
| 31 | Progressive Corporation | 743315103 | 441,224 | $100.5M | 1.10% |
| 32 | ICU Medical, Inc. | ICUI | 650,872 | $92.9M | 1.02% |
| 33 | MDU Resources Group, Inc. | 552690109 | 4,707,042 | $91.9M | 1.01% |
| 34 | Delta Air Lines, Inc. | DAL | 1,288,956 | $89.5M | 0.98% |
| 35 | Haemonetics Corporation | HAE | 1,102,140 | $88.3M | 0.97% |
| 36 | PriceSmart, Inc. | PSMT | 719,400 | $88.2M | 0.97% |
| 37 | Icon PLC | ICLR | 475,413 | $86.6M | 0.95% |
| 38 | Deere & Company | DE | 183,258 | $85.3M | 0.94% |
| 39 | Becton, Dickinson and Company | BDX | 436,863 | $84.8M | 0.93% |
| 40 | NorthWestern Energy Group, Inc | NWE | 1,263,967 | $81.6M | 0.89% |
| 41 | UFP Industries, Inc. | UFPI | 879,935 | $80.1M | 0.88% |
| 42 | Brookfield Corporation | 11271J107 | 1,704,456 | $78.2M | 0.86% |
| 43 | Delek US Holdings Inc | DK | 2,547,919 | $75.6M | 0.83% |
| 44 | United Parks & Resorts Inc. | PRKS | 2,056,349 | $74.6M | 0.82% |
| 45 | Southwest Gas Holdings, Inc. | SWX | 927,263 | $74.2M | 0.81% |
| 46 | MAXIMUS, Inc. | MMS | 823,262 | $71.1M | 0.78% |
| 47 | Dole PLC | DOLE | 4,617,435 | $69.2M | 0.76% |
| 48 | Ingles Markets, Incorporated C | 457030104 | 1,007,275 | $69.0M | 0.76% |
| 49 | Pursuit Attractions and Hospit | 92552R406 | 2,032,605 | $68.5M | 0.75% |
| 50 | Lockheed Martin Corporation | LMT | 140,791 | $68.1M | 0.75% |
| 51 | Vail Resorts, Inc. | MTN | 508,498 | $67.5M | 0.74% |
| 52 | Verra Mobility Corp. Class A | VRRM | 2,984,760 | $66.9M | 0.73% |
| 53 | Permian Resources Corporation | PR | 4,681,795 | $65.7M | 0.72% |
| 54 | International Flavors & Fragra | 459506101 | 969,490 | $65.3M | 0.72% |
| 55 | Rentokil Initial plc Sponsored | RKLIF | 2,180,514 | $64.2M | 0.70% |
| 56 | Titan America SA | B9151N105 | 3,856,334 | $63.6M | 0.70% |
| 57 | Paycom Software, Inc. | PAYC | 392,403 | $62.5M | 0.69% |
| 58 | Restaurant Brands Internationa | 76131D103 | 863,570 | $58.9M | 0.65% |
| 59 | CNH Industrial NV | N20944109 | 6,371,476 | $58.7M | 0.64% |
| 60 | Cannae Holdings, Inc. | CNNE | 3,600,455 | $56.6M | 0.62% |
| 61 | BellRing Brands, Inc. | BRBR | 2,112,436 | $56.5M | 0.62% |
| 62 | Hub Group, Inc. Class A | HUBG | 1,320,784 | $56.3M | 0.62% |
| 63 | Huntington Ingalls Industries, | 446413106 | 162,712 | $55.3M | 0.61% |
| 64 | BioMarin Pharmaceutical Inc. | BMRN | 906,366 | $53.9M | 0.59% |
| 65 | WillScot Holdings Corporation | WSC | 2,859,436 | $53.8M | 0.59% |
| 66 | Armstrong World Industries, In | 04247X102 | 279,934 | $53.5M | 0.59% |
| 67 | WESCO International, Inc. | 95082P105 | 217,473 | $53.2M | 0.58% |
| 68 | SS&C Technologies Holdings, In | SSNC | 582,929 | $51.0M | 0.56% |
| 69 | P10, Inc. Class A | 69376K106 | 5,138,918 | $50.4M | 0.55% |
| 70 | TripAdvisor, Inc. | TRIP | 3,448,718 | $50.2M | 0.55% |
| 71 | Asbury Automotive Group, Inc. | ABG | 211,054 | $49.1M | 0.54% |
| 72 | Science Applications Internati | 808625107 | 479,677 | $48.3M | 0.53% |
| 73 | KKR & Co Inc | KKRT | 375,494 | $47.9M | 0.53% |
| 74 | TXNM Energy, Inc. | TXNM | 811,032 | $47.8M | 0.52% |
| 75 | Lennar Corporation Class A | LEN-B | 461,696 | $47.5M | 0.52% |
| 76 | Nomad Foods Ltd. | NOMD | 3,642,529 | $45.6M | 0.50% |
| 77 | TD SYNNEX Corporation | SNX | 294,112 | $44.2M | 0.48% |
| 78 | LKQ Corporation | LKQ | 1,445,000 | $43.6M | 0.48% |
| 79 | Howard Hughes Holdings Inc. | HHH | 521,477 | $41.6M | 0.46% |
| 80 | Embecta Corporation | EMBC | 3,416,401 | $40.6M | 0.45% |
| 81 | CNA Financial Corporation | 126117100 | 843,719 | $40.3M | 0.44% |
| 82 | LGI Homes, Inc. | LGIH | 931,391 | $40.0M | 0.44% |
| 83 | Casey's General Stores, Inc. | 147528103 | 71,976 | $39.8M | 0.44% |
| 84 | Enovis Corporation | ENOV | 1,487,277 | $39.6M | 0.43% |
| 85 | Owens Corning | OC | 348,116 | $39.0M | 0.43% |
| 86 | Yelp Inc. | YELP | 1,161,711 | $35.3M | 0.39% |
| 87 | Simply Good Foods Co | SMPL | 1,586,490 | $31.9M | 0.35% |
| 88 | HF Sinclair Corporation | DINO | 688,431 | $31.7M | 0.35% |
| 89 | Janus International Group, Inc | JBI | 4,567,960 | $29.9M | 0.33% |
| 90 | Unilever PLC Sponsored ADR | UNLYF | 452,487 | $29.6M | 0.32% |
| 91 | EVERTEC, Inc. | EVTC | 980,239 | $28.5M | 0.31% |
| 92 | Ingram Micro Holding Corporati | INGM | 1,332,690 | $28.4M | 0.31% |
| 93 | Insperity, Inc. | NSP | 729,239 | $28.2M | 0.31% |
| 94 | NCR Voyix Corporation | NCRRP | 2,598,320 | $26.5M | 0.29% |
| 95 | Simpson Manufacturing Co., Inc | 829073105 | 138,126 | $22.3M | 0.24% |
| 96 | Warrior Met Coal, Inc. | HCC | 248,815 | $21.9M | 0.24% |
| 97 | Booz Allen Hamilton Holding Co | BAH | 257,099 | $21.7M | 0.24% |
| 98 | Williams Companies, Inc. | 969457100 | 358,505 | $21.5M | 0.24% |
| 99 | Diageo plc Sponsored ADR | DGEAF | 240,805 | $20.8M | 0.23% |
| 100 | Royalty Pharma Plc Class A | RPRX | 518,654 | $20.0M | 0.22% |
| 101 | PNC Financial Services Group, | 693475105 | 94,629 | $19.8M | 0.22% |
| 102 | Warner Music Group Corp. Class | WMG | 641,621 | $19.7M | 0.22% |
| 103 | Tennant Company | TNC | 265,530 | $19.6M | 0.21% |
| 104 | Talen Energy Corp | TLN | 51,895 | $19.5M | 0.21% |
| 105 | Coca-Cola Consolidated, Inc. | COKE | 124,005 | $19.0M | 0.21% |
| 106 | Landstar System, Inc. | LSTR | 125,829 | $18.1M | 0.20% |
| 107 | Radian Group Inc. | RDN | 491,560 | $17.7M | 0.19% |
| 108 | Progyny, Inc. | PGNY | 687,824 | $17.7M | 0.19% |
| 109 | Ituran Location and Control Lt | M6158M104 | 410,105 | $17.6M | 0.19% |
| 110 | Chubb Limited | CB | 54,721 | $17.1M | 0.19% |
| 111 | Alight, Inc. Class A | ALIT | 8,598,252 | $16.8M | 0.18% |
| 112 | Expeditors International Of Wa | 302130109 | 107,023 | $15.9M | 0.17% |
| 113 | Corpay, Inc. | CPAY | 50,910 | $15.3M | 0.17% |
| 114 | NMI Holdings, Inc. | NMIH | 370,295 | $15.1M | 0.17% |
| 115 | Kinder Morgan Inc Class P | EP-PC | 547,730 | $15.1M | 0.17% |
| 116 | TPG Inc Class A | TPGXL | 234,254 | $15.0M | 0.16% |
| 117 | BlueLinx Holdings Inc. | BXC | 240,500 | $14.8M | 0.16% |
| 118 | Oshkosh Corp | OSK | 115,121 | $14.5M | 0.16% |
| 119 | Carnival Corporation | CUKPF | 468,595 | $14.3M | 0.16% |
| 120 | Starbucks Corporation | SBUX | 159,971 | $13.5M | 0.15% |
| 121 | Park Aerospace Corp. | PKE | 627,737 | $13.4M | 0.15% |
| 122 | Salesforce, Inc. | CRM | 49,678 | $13.2M | 0.14% |
| 123 | Wells Fargo & Company | 949746101 | 138,114 | $12.9M | 0.14% |
| 124 | ACI Worldwide, Inc. | ACIW | 267,605 | $12.8M | 0.14% |
| 125 | Estee Lauder Companies Inc. Cl | 518439104 | 118,755 | $12.4M | 0.14% |
| 126 | American Tower Corporation | 03027X100 | 69,234 | $12.2M | 0.13% |
| 127 | Ovintiv Inc | OVV | 295,720 | $11.6M | 0.13% |
| 128 | Air Products and Chemicals, In | AIIR | 43,085 | $10.6M | 0.12% |
| 129 | Genuine Parts Company | GPC | 84,755 | $10.4M | 0.11% |
| 130 | Texas Instruments Incorporated | 882508104 | 59,562 | $10.3M | 0.11% |
| 131 | GEO Group Inc | GEO | 622,904 | $10.0M | 0.11% |
| 132 | SharkNinja, Inc. | SN | 88,347 | $9.9M | 0.11% |
| 133 | News Corporation Class A | NWSLL | 368,114 | $9.6M | 0.11% |
| 134 | Accenture Plc Class A | ACN | 35,803 | $9.6M | 0.11% |
| 135 | Voya Financial, Inc. | VOYA-PB | 124,490 | $9.3M | 0.10% |
| 136 | Api Group Corporation | APG | 240,642 | $9.2M | 0.10% |
| 137 | Micron Technology, Inc. | MU | 31,605 | $9.0M | 0.10% |
| 138 | Carlyle Group Inc | CGABL | 152,601 | $9.0M | 0.10% |
| 139 | Medtronic PLC | MDT | 92,437 | $8.9M | 0.10% |
| 140 | Expedia Group, Inc. | EXPE | 31,054 | $8.8M | 0.10% |
| 141 | Atlanta Braves Holdings Inc Cl | BATRB | 210,161 | $8.3M | 0.09% |
| 142 | St. Joe Company | JOE | 137,874 | $8.2M | 0.09% |
| 143 | PepsiCo, Inc. | PEP | 53,745 | $7.7M | 0.08% |
| 144 | AbbVie, Inc. | ABBV | 33,588 | $7.7M | 0.08% |
| 145 | Johnson & Johnson | JNJ | 36,787 | $7.6M | 0.08% |
| 146 | EOG Resources, Inc. | EOG | 71,751 | $7.5M | 0.08% |
| 147 | Alamo Group Inc. | ALG | 44,174 | $7.4M | 0.08% |
| 148 | Avnet, Inc. | AVT | 152,216 | $7.3M | 0.08% |
| 149 | Hewlett Packard Enterprise Co. | HPE-PC | 109,056 | $7.3M | 0.08% |
| 150 | Amgen Inc. | AMGN | 22,044 | $7.2M | 0.08% |
| 151 | Oracle Corporation | ORCL-PD | 34,165 | $6.7M | 0.07% |
| 152 | RPM International Inc. | 749685103 | 64,015 | $6.7M | 0.07% |
| 153 | Valmont Industries, Inc. | 920253101 | 16,063 | $6.5M | 0.07% |
| 154 | Albertsons Companies, Inc. Cla | 013091103 | 370,792 | $6.4M | 0.07% |
| 155 | Fidelity National Financial, I | FNF | 112,360 | $6.1M | 0.07% |
| 156 | Phillips 66 | PSX | 45,786 | $5.9M | 0.06% |
| 157 | IDACORP, Inc. | IDA | 46,629 | $5.9M | 0.06% |
| 158 | Watsco, Inc. | WSO-B | 16,907 | $5.7M | 0.06% |
| 159 | Duke Energy Corporation | DUKB | 45,621 | $5.3M | 0.06% |
| 160 | Bristol-Myers Squibb Company | CELG-RI | 95,807 | $5.2M | 0.06% |
| 161 | AES Corporation | AES | 317,900 | $4.6M | 0.05% |
| 162 | CSG Systems International, Inc | 126349109 | 54,854 | $4.2M | 0.05% |
| 163 | Cisco Systems, Inc. | CSCO | 44,099 | $3.4M | 0.04% |
| 164 | Expand Energy Corporation | EXE | 30,033 | $3.3M | 0.04% |
| 165 | Enterprise Products Partners L | 293792107 | 103,165 | $3.3M | 0.04% |
| 166 | Corning Inc | GLW | 33,095 | $2.9M | 0.03% |
| 167 | Crown Castle Inc. | CCI | 27,940 | $2.5M | 0.03% |
| 168 | Evolution Petroleum Corporatio | 30049A107 | 537,375 | $1.9M | 0.02% |
| 169 | iShares Russell 2000 Value ETF | 464287630 | 7,064 | $1.3M | 0.01% |
| 170 | Energy Transfer LP | ET-PI | 74,955 | $1.2M | 0.01% |
| 171 | Canadian National Railway Comp | 136375102 | 9,774 | $966,160 | 0.01% |
| 172 | Apollo Global Management Inc | 03769M106 | 6,119 | $885,786 | 0.01% |
| 173 | AerCap Holdings NV | AER | 2,517 | $361,844 | 0.00% |
| 174 | NVR, Inc. | NVR | 48 | $350,053 | 0.00% |
| 175 | F&G Annuities & Life Inc | FGSN | 6,765 | $208,700 | 0.00% |