13F HOLDINGS REPORT
Broad Run Investment Management, LLC
Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0001568621-25-000014
Total Value
$610.9M
Positions
24
Other Managers
0
Confidential Omitted
No
Holdings (24)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | AST SPACEMOBILE INC | ASTS | 3,557,413 | $174.6M | 28.58% |
| 2 | BROOKFIELD CORP | 11271J107 | 811,015 | $55.6M | 9.10% |
| 3 | OREILLY AUTOMOTIVE INC | 67103H107 | 399,595 | $43.1M | 7.05% |
| 4 | MARKEL CORP | MKL | 20,547 | $39.3M | 6.43% |
| 5 | AON PLC | AON | 106,617 | $38.0M | 6.22% |
| 6 | APPLIED MATLS INC | 038222105 | 162,214 | $33.2M | 5.44% |
| 7 | COGENT COMMUNICATIONS HLDGS | CCOI | 644,030 | $24.7M | 4.04% |
| 8 | BROOKFIELD ASSET MANAGMT LTD | 113004105 | 403,610 | $23.0M | 3.76% |
| 9 | NVR INC | NVR | 2,786 | $22.4M | 3.66% |
| 10 | AMERICAN TOWER CORP NEW | 03027X100 | 112,276 | $21.6M | 3.53% |
| 11 | CDW CORP | CDW | 128,518 | $20.5M | 3.35% |
| 12 | HILTON WORLDWIDE HLDGS INC | HLT | 64,139 | $16.6M | 2.72% |
| 13 | ALPHABET INC | GOOG | 68,209 | $16.6M | 2.72% |
| 14 | TRANSDIGM GROUP INC | TDG | 10,801 | $14.2M | 2.33% |
| 15 | DANAHER CORPORATION | 235851102 | 70,935 | $14.1M | 2.30% |
| 16 | CARMAX INC | KMX | 300,111 | $13.5M | 2.20% |
| 17 | RH | RH | 64,603 | $13.1M | 2.15% |
| 18 | SHENANDOAH TELECOMMUNICATION | SHEN | 897,475 | $12.0M | 1.97% |
| 19 | DISNEY WALT CO | 254687106 | 42,094 | $4.8M | 0.79% |
| 20 | FLOOR & DECOR HLDGS INC | FND | 62,000 | $4.6M | 0.75% |
| 21 | RELX PLC | RLXXF | 47,000 | $2.2M | 0.37% |
| 22 | ENCORE CAP GROUP INC | ECR | 35,733 | $1.5M | 0.24% |
| 23 | BROOKFIELD WEALTH SOL LTD | BNT | 15,721 | $1.1M | 0.18% |
| 24 | ALPHABET INC | GOOG | 2,535 | $616,259 | 0.10% |