Institutional
Broad Run Investment Management, LLC
CIK 0001568621
$567.9M
Reported AUM
24
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · Broad Run Investment Management, LLC · Q1 2026
AI · grounded in 13F
Broad Run Investment Management, LLC established a new position in SUNB valued at $44.19M. The fund increased its stake in BAM by 49.65% and closed its position in ITOT, reducing exposure by $2.77M. Other activity included trimming shares of GOOG by 18.20% and ASTS by 6.92%.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | ASTS | AST SPACEMOBILE INC | $93.60 | -12.76% | 200.10% | 768.27% | $121.2M | 21.35% | −108,743 | −6.9% |
| 2 | AMAT | APPLIED MATLS INC | $453.01 | -9.71% | 173.68% | 237.67% | $50.7M | 8.93% | −8,783 | −5.6% |
| 3 | BN | BROOKFIELD CORP | $44.60 | -1.00% | 14.26% | 59.83% | $49.0M | 8.63% | −4,116 | −0.3% |
| 4 | SUNB | SUNBELT RENTALS HOLDINGS INC | $79.36 | -2.37% | 6.62% | 3.70% | $44.2M | 7.78% | +704,530 | NEW |
| 5 | MKL | MARKEL CORP | $1818.67 | 2.27% | -7.38% | 50.78% | $39.6M | 6.98% | +184 | +0.9% |
| 6 | ORLY | OREILLY AUTOMOTIVE INC | $90.33 | 2.18% | -1.65% | 124.39% | $35.0M | 6.16% | −20,066 | −5.0% |
| 7 | AON | AON PLC | $328.53 | 1.95% | -11.05% | 30.92% | $32.7M | 5.75% | −5,410 | −5.1% |
| 8 | BAM | BROOKFIELD ASSET MANAGMT LTD | $46.18 | -1.13% | -16.76% | 82.61% | $26.8M | 4.73% | +200,281 | +49.7% |
| 9 | HLT | HILTON WORLDWIDE HLDGS INC | $343.10 | 1.46% | 35.99% | 164.53% | $19.5M | 3.43% | — | HELD |
| 10 | AMT | AMERICAN TOWER CORP NEW | $194.12 | 0.11% | -5.30% | -20.51% | $18.2M | 3.21% | −4,297 | −3.9% |
| 11 | NVR | NVR INC | $6182.55 | 0.09% | -13.12% | 18.38% | $17.6M | 3.10% | −110 | −4.0% |
| 12 | GOOG | ALPHABET INC | $365.76 | -0.95% | 109.82% | 172.71% | $15.9M | 2.81% | −12,363 | −18.2% |
| 13 | CDW | CDW CORP | $133.04 | -4.60% | -23.92% | -22.50% | $15.1M | 2.66% | −1,226 | −1.0% |
| 14 | SHEN | SHENANDOAH TELECOMMUNICATION | $16.12 | 1.32% | 20.59% | -50.13% | $13.5M | 2.38% | −12,832 | −1.4% |
| 15 | DHR | DANAHER CORPORATION | $184.30 | -1.25% | -5.33% | -28.54% | $13.4M | 2.37% | — | HELD |
| 16 | TDG | TRANSDIGM GROUP INC | $1238.74 | 0.87% | -9.69% | 132.48% | $12.5M | 2.20% | — | HELD |
| 17 | CCOI | COGENT COMMUNICATIONS HLDGS | $16.83 | -2.66% | -63.72% | -71.78% | $12.5M | 2.20% | −500 | −0.1% |
| 18 | KMX | CARMAX INC | $47.15 | 0.49% | -28.25% | -64.80% | $11.8M | 2.08% | −1,157 | −0.4% |
| 19 | RH | RH | $146.63 | -4.32% | -20.08% | -77.92% | $8.7M | 1.54% | −1,020 | −1.6% |
| 20 | DIS | DISNEY WALT CO | $99.71 | 0.37% | -11.49% | -42.02% | $3.3M | 0.58% | −5,536 | −13.9% |
| 21 | FND | FLOOR & DECOR HLDGS INC | $47.41 | -3.05% | -33.65% | -61.14% | $3.1M | 0.55% | — | HELD |
| 22 | RELX | RELX PLC | $35.15 | 2.00% | -32.88% | 31.50% | $1.6M | 0.27% | — | HELD |
| 23 | BNT | BROOKFIELD WEALTH SOL LTD | $44.43 | -1.16% | 13.93% | 27.68% | $976K | 0.17% | — | HELD |
| 24 | GOOGL | ALPHABET INC | $368.53 | -0.98% | 112.92% | 175.80% | $729K | 0.13% | — | HELD |
| 25 | ITOT | ISHARES TR | $161.35 | -2.71% | 24.52% | 71.42% | — | — | −18,657 | EXITED |
Source: SEC EDGAR · accession 0001568621-26-000005. 13F discloses long positions only — shorts, foreign equities, and options are excluded.