Capco Asset Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 11, 2025), Capco Asset Management, LLC reported 18 stock positions worth $444.9 million. Its top holding was Progressive (PGR) at 17.5% of the portfolio, followed by Marriott International Class A (MAR, 15.9%) and Markel (MKL, 10.9%). Compared with Q3 2024, it added to 1 and reduced 11. The biggest buy was Gogo (GOGO, shares +22%) and the biggest sale Progressive (PGR, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- TAMPA, FL
- CIK
- 0001698068
- Portfolio Value
- $444.9M (Q4 2024)
- SEC Filing
- 0001698068-25-000002 ↗ filed Feb 11, 2025
Holdings Value
Holdings 18 stocks · $444.9M
| PGR Progressive Corp. | 17.53% | 325,422 | $78.0M | Reduce -1.6% |
| MAR Marriott International Class A | 15.85% | 252,876 | $70.5M | Reduce -1.5% |
| MKL Markel Group Inc. | 10.87% | 28,006 | $48.3M | Reduce -1.8% |
| MSFT Microsoft Corp. | 9.72% | 102,585 | $43.2M | Reduce -1.6% |
| CHTR Charter Communications Inc. Class A | 8.17% | 106,072 | $36.4M | Reduce -2.3% |
| WBD Warner Bros Discovery Inc. | 7.13% | 3,001,601 | $31.7M | Reduce -0.9% |
| AMZN Amazon.com Inc. | 7.10% | 144,033 | $31.6M | Reduce -1.6% |
| ADSK Autodesk Inc. | 6.31% | 94,980 | $28.1M | Reduce -1.5% |
| GOGO Gogo Inc. | 5.47% | 3,009,743 | $24.3M | Add +22.1% |
| BUD Anheuser-Busch Inbev-SPN ADR | 4.69% | 416,737 | $20.9M | Reduce -1.5% |
| LRCX Lam Research Corp. | 4.16% | 256,027 | $18.5M | Reduce -1.5% |
| ROP Roper Technologies Inc. | 2.86% | 24,448 | $12.7M | Reduce -1.5% |
| COST Costco Wholesale Corp. | 0.08% | 380 | $348K | No change |
| LSTR Landstar System Inc. | 0.05% | 1,300 | $223K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.01% | 100 | $45K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.00% | 22 | $13K | No change |
| FRPH FRP Holdings Inc. filed as FRP HLDGS INC | 0.00% | 200 | $6K | No change |
| AAPL Apple Inc. | 0.00% | 8 | $2K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| PGR Progressive Corp. | Reduce -1.6% | 17.53% | −1.86 |
| BUD Anheuser-Busch Inbev-SPN ADR | Reduce -1.5% | 4.69% | −1.79 |
| LRCX Lam Research Corp. | Reduce -1.5% | 4.16% | −0.74 |
| MSFT Microsoft Corp. | Reduce -1.6% | 9.72% | −0.65 |
| ROP Roper Technologies Inc. | Reduce -1.5% | 2.86% | −0.34 |
| CHTR Charter Communications Inc. Class A | Reduce -2.3% | 8.17% | +0.04 |
| ADSK Autodesk Inc. | Reduce -1.5% | 6.31% | +0.17 |
| MKL Markel Group Inc. | Reduce -1.8% | 10.87% | +0.53 |
| AMZN Amazon.com Inc. | Reduce -1.6% | 7.10% | +0.80 |
| MAR Marriott International Class A | Reduce -1.5% | 15.85% | +1.10 |
| WBD Warner Bros Discovery Inc. | Reduce -0.9% | 7.13% | +1.36 |
Portfolio Buys Q3 2024 → Q4 2024
| GOGO Gogo Inc. | Add +22.1% | 5.47% | +1.38 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 26 | $365.9M | MAR, ROP, MKL, PGR, AMZN |
| Q1 2026 | 27 | $366.6M | MAR, ROP, MKL, PGR, AMZN |
| Q4 2025 | 28 | $408.9M | MAR, MKL, ROP, PGR, MSFT |
| Q3 2025 | 27 | $428.9M | MAR, MKL, PGR, ROP, MSFT |
| Q2 2025 | 27 | $475.4M | MAR, MKL, PGR, MSFT, GOGO |
| Q1 2025 | 18 | $422.8M | PGR, MAR, MKL, CHTR, MSFT |
| Q4 2024 | 18 | $444.9M | PGR, MAR, MKL, MSFT, CHTR |
| Q3 2024 | 18 | $432.7M | PGR, MAR, MSFT, MKL, CHTR |
| Q2 2024 | 18 | $422.6M | PGR, MAR, MSFT, MKL, CHTR |
| Q1 2024 | 18 | $416.9M | PGR, MAR, MSFT, MKL, CHTR |