Q2 2025 · 13F-HR
Port Capital LLCholdings as filed
Filed 2025-08-14 · accession 0001104659-25-078671
$2.35B
Reported value
85
Positions
2025-06-30
Period end
The Brief · Port Capital LLC · Q2 2025
AI · grounded in 13F
Port Capital LLC established a new position in HEI/A valued at $220.2M. The fund also initiated new stakes in RBC for $140.3M and APH for $115.7M. Additional new positions include RLI at $111.5M and TDY at $98.4M. Total assets under management stand at $2.35B across 85 positions.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 422806208 | HEI/A | HEICO CORP NEW | $220.2M | 9.36% | 850,987 | Common | SOLE |
| 75524B104 | RBC | RBC BEARINGS INC | $140.3M | 5.97% | 364,548 | Common | SOLE |
| 032095101 | APH | AMPHENOL CORP NEW | $115.7M | 4.92% | 1,171,767 | Common | SOLE |
| 749607107 | RLI | RLI CORP | $111.5M | 4.74% | 1,543,986 | Common | SOLE |
| 879360105 | TDY | TELEDYNE TECHNOLOGIES INC | $98.4M | 4.18% | 192,037 | Common | SOLE |
| 743315103 | PGR | PROGRESSIVE CORP | $92.4M | 3.93% | 346,219 | Common | SOLE |
| 67103H107 | ORLY | OREILLY AUTOMOTIVE INC | $87.4M | 3.72% | 970,240 | Common | SOLE |
| 031100100 | AME | AMETEK INC | $86.2M | 3.66% | 476,276 | Common | SOLE |
| G54950103 | LIN | LINDE PLC | $82.5M | 3.51% | 175,869 | Common | SOLE |
| 78473E103 | SPXC | SPX TECHNOLOGIES INC | $76.4M | 3.25% | 455,611 | Common | SOLE |
| 384109104 | GGG | GRACO INC | $73.3M | 3.12% | 852,433 | Common | SOLE |
| 45866F104 | ICE | INTERCONTINENTAL EXCHANGE INC | $69.6M | 2.96% | 379,465 | Common | SOLE |
| 217204106 | CPRT | COPART INC | $69.3M | 2.95% | 1,412,819 | Common | SOLE |
| 829073105 | SSD | SIMPSON MFG INC | $62.5M | 2.66% | 402,385 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $62.0M | 2.64% | 110,388 | Common | SOLE |
| 942749102 | WTS | WATTS WATER TECHNOLOGIES INC | $61.2M | 2.60% | 248,828 | Common | SOLE |
| G0450A105 | ACGL | ARCH CAP GROUP LTD | $59.3M | 2.52% | 651,646 | Common | SOLE |
| 337738108 | FISV | FISERV INC | $58.0M | 2.46% | 336,185 | Common | SOLE |
| 701094104 | PH | PARKER-HANNIFIN CORP | $58.0M | 2.46% | 82,968 | Common | SOLE |
| 127190304 | CACI | CACI INTL INC | $56.0M | 2.38% | 117,436 | Common | SOLE |
| 49714P108 | KNSL | KINSALE CAP GROUP INC | $52.6M | 2.24% | 108,618 | Common | SOLE |
| 903731107 | ULS | UL SOLUTIONS INC | $45.1M | 1.92% | 618,975 | Common | SOLE |
| 776696106 | ROP | ROPER TECHNOLOGIES INC | $42.3M | 1.80% | 74,690 | Common | SOLE |
| 13646K108 | CP | CANADIAN PACIFIC KANSAS CITY | $41.8M | 1.78% | 526,783 | Common | SOLE |
| 974250102 | WINA | WINMARK CORP | $40.8M | 1.74% | 108,161 | Common | SOLE |
| 92826C839 | V | VISA INC | $39.9M | 1.70% | 112,388 | Common | SOLE |
| 743606105 | PB | PROSPERITY BANCSHARES INC | $38.5M | 1.64% | 548,208 | Common | SOLE |
| 053015103 | ADP | AUTOMATIC DATA PROCESSING INC | $38.1M | 1.62% | 123,626 | Common | SOLE |
| 115236101 | BRO | BROWN & BROWN INC | $37.9M | 1.61% | 342,180 | Common | SOLE |
| 824348106 | SHW | SHERWIN WILLIAMS CO | $36.6M | 1.56% | 106,619 | Common | SOLE |
| 45167R104 | IEX | IDEX CORP | $31.9M | 1.35% | 181,435 | Common | SOLE |
| 37637Q105 | GBCI | GLACIER BANCORP INC NEW | $29.9M | 1.27% | 692,948 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $26.6M | 1.13% | 85,129 | Common | SOLE |
| 46137V357 | RSP | INVESCO EXCHANGE TRADED FD TR | $16.0M | 0.68% | 87,951 | Common | SOLE |
| 683344105 | ONTO | ONTO INNOVATION INC | $15.8M | 0.67% | 156,556 | Common | SOLE |
| 816300107 | SIGI | SELECTIVE INS GROUP INC | $13.5M | 0.58% | 156,178 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $10.1M | 0.43% | 49,299 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $7.1M | 0.30% | 11,419 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $7.0M | 0.30% | 13,992 | Common | SOLE |
| 194162103 | CL | COLGATE PALMOLIVE CO | $6.2M | 0.26% | 67,972 | Common | SOLE |
| 808524805 | SCHF | SCHWAB STRATEGIC TR | $3.2M | 0.13% | 143,017 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $3.0M | 0.13% | 16,681 | Common | SOLE |
| 126402106 | CSW | CSW INDUSTRIALS INC | $1.7M | 0.07% | 5,900 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $1.6M | 0.07% | 7,352 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $1.5M | 0.06% | 8,364 | Common | SOLE |
| 464285204 | IAU | ISHARES GOLD TR | $1.3M | 0.06% | 20,850 | Common | SOLE |
| 922908769 | VTI | VANGUARD INDEX FDS | $1.1M | 0.05% | 3,590 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $1.1M | 0.05% | 3,756 | Common | SOLE |
| 882508104 | TXN | TEXAS INSTRS INC | $1.1M | 0.05% | 5,234 | Common | SOLE |
| 464287804 | IJR | ISHARES TR | $1.1M | 0.05% | 9,929 | Common | SOLE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHS | $1.0M | 0.04% | 3,441 | Common | SOLE |
| 04010L103 | ARCC | ARES CAPITAL CORP | $944,000 | 0.04% | 43,000 | Common | SOLE |
| 002824100 | ABT | ABBOTT LABS | $802,000 | 0.03% | 5,900 | Common | SOLE |
| 571903202 | MAR | MARRIOTT INTL INC NEW | $794,000 | 0.03% | 2,907 | Common | SOLE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $776,000 | 0.03% | 5,079 | Common | SOLE |
| 665859104 | NTRS | NORTHERN TR CORP | $746,000 | 0.03% | 5,880 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $743,000 | 0.03% | 1,529 | Common | SOLE |
| 78463X889 | SPDW | SPDR INDEX SHS FDS | $729,000 | 0.03% | 18,000 | Common | SOLE |
| 71654V101 | PBR/A | PETROLEO BRASILEIRO SA PETROBR | $721,000 | 0.03% | 62,467 | Common | SOLE |
| 78351F107 | RYAN | RYAN SPECIALTY HOLDINGS INC | $680,000 | 0.03% | 10,000 | Common | SOLE |
| G87052109 | TEL | TE CONNECTIVITY PLC | $671,000 | 0.03% | 3,979 | Common | SOLE |
| 58933Y105 | MRK | MERCK & CO INC | $613,000 | 0.03% | 7,745 | Common | SOLE |
| 464287473 | IWS | ISHARES TR | $607,000 | 0.03% | 4,596 | Common | SOLE |
| 580135101 | MCD | MCDONALDS CORP | $588,000 | 0.03% | 2,014 | Common | SOLE |
| 922042742 | VT | VANGUARD INTL EQUITY INDEX FDS | $555,000 | 0.02% | 4,316 | Common | SOLE |
| 293792107 | EPD | ENTERPRISE PRODS PARTNERS L P | $473,000 | 0.02% | 15,250 | Common | SOLE |
| 883556102 | TMO | THERMO FISHER SCIENTIFIC INC | $467,000 | 0.02% | 1,151 | Common | SOLE |
| 518439104 | EL | LAUDER ESTEE COS INC | $451,000 | 0.02% | 5,578 | Common | SOLE |
| 904767704 | — | UNILEVER PLC | $398,000 | 0.02% | 6,500 | Common | SOLE |
| 452308109 | ITW | ILLINOIS TOOL WKS INC | $390,000 | 0.02% | 1,578 | Common | SOLE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $384,000 | 0.02% | 388 | Common | SOLE |
| 20825C104 | COP | CONOCOPHILLIPS | $382,000 | 0.02% | 4,252 | Common | SOLE |
| 09260D107 | BX | BLACKSTONE INC | $363,000 | 0.02% | 2,430 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $338,000 | 0.01% | 458 | Common | SOLE |
| 38173M102 | GBDC | GOLUB CAP BDC INC | $322,000 | 0.01% | 22,000 | Common | SOLE |
| 49177J102 | KVUE | KENVUE INC | $303,000 | 0.01% | 14,457 | Common | SOLE |
| 718546104 | PSX | PHILLIPS 66 | $300,000 | 0.01% | 2,518 | Common | SOLE |
| 025816109 | AXP | AMERICAN EXPRESS CO | $272,000 | 0.01% | 853 | Common | SOLE |
| 438516106 | HON | HONEYWELL INTL INC | $266,000 | 0.01% | 1,141 | Common | SOLE |
| 464288257 | ACWI | ISHARES TR | $257,000 | 0.01% | 2,000 | Common | SOLE |
| 892672106 | TW | TRADEWEB MKTS INC | $256,000 | 0.01% | 1,750 | Common | SOLE |
| 808524888 | SCHC | SCHWAB STRATEGIC TR | $256,000 | 0.01% | 6,000 | Common | SOLE |
| 717081103 | PFE | PFIZER INC | $215,000 | 0.01% | 8,877 | Common | SOLE |
| G0403H108 | AON | AON PLC | $214,000 | 0.01% | 600 | Common | SOLE |
| 83422N105 | SLDP | SOLID POWER INC | $43,000 | 0.00% | 19,750 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.