Q3 2025 · 13F-HR
Capco Asset Management, LLCholdings as filed
Filed 2025-11-12 · accession 0001698068-25-000013
$428.9M
Reported value
27
Positions
2025-09-30
Period end
The Brief · Capco Asset Management, LLC · Q3 2025
AI · grounded in 13F
Capco Asset Management, LLC established a new position in MAR valued at $62.96M. The fund also initiated new stakes in MKL for $50.75M and PGR for $48.68M. Other new additions include ROP, MSFT, and AMZN. The fund ended the period with 27 positions and total AUM of $428.87M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 571903202 | MAR | MARRIOTT INTL INC NEW | $63.0M | 14.7% | 241,732 | Common | SOLE |
| 570535104 | MKL | MARKEL GROUP INC | $50.7M | 11.8% | 26,552 | Common | SOLE |
| 743315103 | PGR | PROGRESSIVE CORP | $48.7M | 11.4% | 197,126 | Common | SOLE |
| 776696106 | ROP | ROPER TECHNOLOGIES INC | $46.0M | 10.7% | 92,253 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $37.2M | 8.68% | 71,850 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $30.6M | 7.14% | 139,546 | Common | SOLE |
| 052769106 | ADSK | AUTODESK INC | $28.6M | 6.66% | 89,897 | Common | SOLE |
| 16119p108 | — | CHARTER COMMUNICATIONS INC N | $27.8M | 6.47% | 100,932 | Common | SOLE |
| 38046c109 | — | GOGO INC | $24.9M | 5.80% | 2,893,373 | Common | SOLE |
| 934423104 | WBD | WARNER BROS DISCOVERY INC | $22.7M | 5.28% | 1,160,143 | Common | SOLE |
| 512807306 | LRCX | LAM RESEARCH CORP | $20.4M | 4.75% | 152,219 | Common | SOLE |
| 03524a108 | — | ANHEUSER BUSCH INBEV SA/NV | $18.3M | 4.26% | 306,625 | Common | SOLE |
| 049468101 | TEAM | ATLASSIAN CORPORATION | $8.8M | 2.06% | 55,334 | Common | SOLE |
| 22160k105 | — | COSTCO WHSL CORP NEW | $351,739 | 0.08% | 380 | Common | SOLE |
| 515098101 | LSTR | LANDSTAR SYS INC | $159,328 | 0.04% | 1,300 | Common | SOLE |
| 958102105 | WDC | WESTERN DIGITAL CORP | $103,252 | 0.02% | 860 | Common | SOLE |
| 15687v109 | — | CERTARA INC | $99,006 | 0.02% | 8,102 | Common | SOLE |
| 98138h101 | — | WORKDAY INC | $96,292 | 0.02% | 400 | Common | SOLE |
| 199908104 | FIX | COMFORT SYS USA INC | $89,119 | 0.02% | 108 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $79,598 | 0.02% | 285 | Common | SOLE |
| 78462f103 | — | SPDR S&P 500 ETF TR | $75,278 | 0.02% | 113 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $63,323 | 0.01% | 260 | Common | SOLE |
| m7s64h106 | — | MONDAY COM LTD | $62,174 | 0.01% | 321 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $55,079 | 0.01% | 75 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $50,274 | 0.01% | 100 | Common | SOLE |
| 30292l107 | — | FRP HLDGS INC | $4,872 | 0.00% | 200 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $1,019 | 0.00% | 4 | 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.