Fenimore Asset Management Inc

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 14, 2025), Fenimore Asset Management Inc reported 91 stock positions worth $4.7 billion. Its top holding was Brown & Brown (BRO) at 5.6% of the portfolio, followed by Ross Stores (ROST, 4.3%) and CDW (CDW, 4.2%). Compared with Q4 2024, it opened 1 new position, sold out of 4, added to 48 and reduced 30. The biggest buy was Keysight Technologies (KEYS, shares +46%) and the biggest sale Ross Stores (ROST, shares −0%).

Most Recent 13F
Q2 2026
Location
Cobleskill, NY
CIK
0000884566
Portfolio Value
$4.7B (Q1 2025)
SEC Filing
0001376474-25-000336 ↗ filed Apr 14, 2025

Holdings Value

0$2.0B$4.0B$6.0B Q1 2024: $4.7B Q1 2024 Q2 2024: $4.6B Q2 2024 Q3 2024: $5.0B Q3 2024 Q4 2024: $4.8B Q4 2024 Q1 2025: $4.7B $4.7B Q1 2025 Q2 2025: $5.0B Q2 2025 Q3 2025: $5.0B Q3 2025 Q4 2025: $4.8B Q4 2025 Q1 2026: $4.5B Q1 2026 Q2 2026: $4.8B Q2 2026

Holdings 91 stocks · $4.7B
BRO Brown & Brown Inc. 5.65% 2,144,293 $266.7M Reduce -6.7%
ROST Ross Stores Inc. 4.34% 1,604,541 $205.0M Reduce -0.4%
CDW CDW Corp. 4.23% 1,246,188 $199.7M Reduce -0.6%
SYK Stryker Corp. 4.13% 523,985 $195.1M Reduce -0.1%
MKL Markel Group Inc. 3.50% 88,357 $165.2M Reduce -0.1%
PGR Progressive Corp. 3.37% 561,962 $159.0M Reduce -1.4%
IEX Idex Corp. 3.28% 855,951 $154.9M Add +2.0%
VMC Vulcan Materials Co. 3.28% 663,813 $154.9M Add +0.3%
APH Amphenol Corp. Class A 3.19% 2,296,616 $150.6M Reduce -0.3%
TT Trane Technologies PLC 3.08% 431,542 $145.4M Reduce -4.2%
FAST Fastenal Co. 3.06% 1,864,285 $144.6M Add +0.8%
BN Brookfield Corp. 2.88% 2,597,502 $136.1M Reduce -0.2%
EXLS Exlservice Holdings Inc. 2.77% 2,770,261 $130.8M Reduce -0.2%
AZO AutoZone Inc. 2.70% 33,400 $127.3M Reduce -0.8%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 2.68% 366,904 $126.7M Reduce -9.2%
PNFP Pinnacle Financial Partners 2.37% 1,053,416 $111.7M Reduce -0.1%
ITW Illinois Tool Works 2.06% 391,240 $97.0M Add +0.4%
ADI Analog Devices Inc. 2.05% 479,034 $96.6M Add +0.8%
BKNG Booking Holdings Inc. 1.95% 19,957 $91.9M Reduce -0.3%
ZBRA Zebra Technologies Corp. Class A 1.93% 322,978 $91.3M Add +0.5%
GGG Graco Inc. 1.93% 1,090,796 $91.1M Add +0.4%
KEYS Keysight Technologies Inc. 1.89% 594,731 $89.1M Add +46.0%
WAT Waters Corp. 1.83% 234,488 $86.4M Add +0.4%
HEI.A Heico Corp. Class A 1.73% 387,767 $81.8M Add +2.9%
BR Broadridge Financial Solutio 1.61% 314,466 $76.2M Add +0.5%
STE Steris PLC 1.45% 302,505 $68.6M Add +18.9%
RSG Republic Services Inc. 1.45% 282,623 $68.4M Add +0.1%
PAYX Paychex Inc. 1.36% 417,429 $64.4M Reduce -0.5%
MCHP Microchip Technology Inc. 1.35% 1,319,160 $63.9M Add +0.8%
MKC McCormick & Co.-Non VTG SHRS 1.31% 751,723 $61.9M Add +0.5%
CTAS Cintas Corp. 1.21% 277,263 $57.0M Add +0.4%
AME Ametek Inc. 1.01% 277,371 $47.7M Add +1.6%
EOG EOG Resources Inc. 1.01% 370,063 $47.5M Add +1.0%
ENTG Entegris Inc. 0.97% 521,077 $45.6M Add +3.1%
BAM Brookfield Asset Mgmt-A 0.94% 914,247 $44.3M Reduce -2.3%
BRK.A Berkshire Hathaway Inc. Class A 0.88% 52 $41.5M Reduce -27.8%
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.86% 222,364 $40.6M Add +3.7%
MLM Martin Marietta Materials 0.85% 83,840 $40.1M Add +4.9%
VRSK Verisk Analytics Inc. 0.79% 125,326 $37.3M Add +1.8%
CBZ Cbiz Inc. 0.69% 432,337 $32.8M Add +0.2%
POOL Pool Corp. 0.64% 94,773 $30.2M Reduce -5.1%
WSO Watsco Inc. 0.63% 58,405 $29.7M Add +0.4%
CIGI Colliers Intl GR-Subord Vot 0.62% 240,080 $29.1M Add +1.9%
ROP Roper Technologies Inc. 0.59% 47,018 $27.7M Add +0.8%
BROS Dutch Bros Inc. Class A 0.53% 404,986 $25.0M Add +0.1%
AVY Avery Dennison Corp. 0.51% 134,796 $24.0M Add +1.3%
CHH Choice Hotels Intl Inc. 0.50% 178,175 $23.7M Add +0.9%
A Agilent Technologies Inc. 0.44% 176,057 $20.6M Reduce -1.9%
NOMD Nomad Foods Ltd. 0.43% 1,044,764 $20.5M Add +0.9%
BIPC Brookfield Infrastructure-A 0.43% 565,968 $20.5M Add +0.0%
SITE Siteone Landscape Supply Inc. 0.38% 149,026 $18.1M Add +9.6%
CHE Chemed Corp. 0.38% 29,100 $17.9M Reduce -0.0%
FSV Firstservice Corp. 0.35% 100,577 $16.7M Add +0.6%
SPSC SPS Commerce Inc. 0.35% 123,915 $16.4M Add +45.0%
TRRSF Trisura Group Ltd. 0.34% 691,544 $16.3M Add +0.8%
OSW Onespaworld Holdings Ltd. 0.33% 931,367 $15.6M Add +0.4%
EXPO Exponent Inc. 0.33% 190,895 $15.5M Add +0.5%
BWIN Baldwin Insurance Group Inc./ filed as THE BALDWIN INSURANCE GRP IN 0.32% 340,727 $15.2M New
DFH Dream Finders Homes Inc. Class A 0.32% 665,421 $15.0M Add +19.3%
LSTR Landstar System Inc. 0.31% 98,921 $14.9M Add +0.8%
CASS Cass Information Systems Inc. 0.31% 338,882 $14.7M Add +0.8%
HOMB Home Bancshares Inc. 0.31% 511,023 $14.4M Add +0.5%
ESI Element Solutions Inc. 0.30% 619,958 $14.0M Add +0.5%
BOC Boston Omaha Corp. Class A 0.29% 947,797 $13.8M Add +1.0%
ASGTF Altus Group Ltd. 0.29% 382,325 $13.5M Add +0.0%
DSGX The Descartes Systems Grp 0.28% 130,887 $13.2M Add +0.4%
FELE Franklin Electric Co. Inc. 0.28% 139,312 $13.1M Add +0.8%
FTDR Frontdoor Inc. 0.28% 338,244 $13.0M Add +0.7%
ESAB Esab Corp. 0.26% 106,341 $12.4M Add +0.3%
FND Floor & Decor Holdings Inc. Class A 0.24% 139,559 $11.2M Reduce -0.5%
BRK.B Berkshire Hathaway Inc. Class B 0.18% 15,752 $8.4M Reduce -5.3%
HLI Houlihan Lokey Inc. 0.17% 50,074 $8.1M No change
HGTY Hagerty Inc. Class A 0.10% 498,986 $4.5M Reduce -47.5%
AAPL Apple Inc. 0.06% 13,481 $3.0M Reduce -2.1%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.06% 30,832 $2.8M Reduce -31.4%
VUG Vanguard Mrngstar GR ETF-Sui 0.05% 6,581 $2.4M No change
POWERSHARES ETF TRUST 0.03% 17,000 $1.6M No change
ABBV Abbvie Inc. 0.03% 7,453 $1.6M Reduce -0.4%
SPY SS SPDR S&P 500 ETF Trust-US 0.02% 1,477 $826K No change
IVV iShares Core S&P 500 ETF 0.01% 1,200 $674K Reduce -6.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.01% 2,573 $640K No change
NBTB N B T Bancorp Inc. 0.01% 14,480 $621K No change
XLY SS Consumer Disc Select Sect 0.01% 3,138 $620K No change
CNMD Conmed Corp. 0.01% 8,903 $538K No change
MSFT Microsoft Corp. 0.01% 1,359 $510K Reduce -4.6%
XOM Exxon Mobil Corp. 0.01% 3,878 $461K No change
UNP Union Pacific Corp. 0.01% 1,584 $374K No change
ZTS Zoetis Inc. 0.01% 2,040 $336K Reduce -8.9%
MSCI MSCI Inc. 0.01% 572 $323K No change
USB US Bancorp 0.01% 7,332 $310K No change
MCO Moody's Corp. 0.01% 592 $276K Reduce -24.8%

Portfolio Sells Q4 2024 → Q1 2025
ROST Ross Stores Inc. Reduce -0.4% 4.34% −0.78
TT Trane Technologies PLC Reduce -4.2% 3.08% −0.42
CDW CDW Corp. Reduce -0.6% 4.23% −0.36
FBIN Fortune Brands Innovations I Sold out 0.00% −0.35
BN Brookfield Corp. Reduce -0.2% 2.88% −0.26
APH Amphenol Corp. Class A Reduce -0.3% 3.19% −0.17
PNFP Pinnacle Financial Partners Reduce -0.1% 2.37% −0.17
BRK.A Berkshire Hathaway Inc. Class A Reduce -27.8% 0.88% −0.15
BKNG Booking Holdings Inc. Reduce -0.3% 1.95% −0.14
BAM Brookfield Asset Mgmt-A Reduce -2.3% 0.94% −0.13
HGTY Hagerty Inc. Class A Reduce -47.5% 0.10% −0.10
POOL Pool Corp. Reduce -5.1% 0.64% −0.08
A Agilent Technologies Inc. Reduce -1.9% 0.44% −0.07
FND Floor & Decor Holdings Inc. Class A Reduce -0.5% 0.24% −0.06
TROW T Rowe Price Group Inc. Reduce -31.4% 0.06% −0.05
AAPL Apple Inc. Reduce -2.1% 0.06% −0.01
VTI VG Morningstar TS MKT ETF-US Sold out 0.00% −0.00
DHIL Diamond Hill Investment Grp Sold out 0.00% −0.00
Bank Of Richmondville Sold out 0.00% −0.00
MCO Moody's Corp. Reduce -24.8% 0.01% −0.00
MSFT Microsoft Corp. Reduce -4.6% 0.01% −0.00
IVV iShares Core S&P 500 ETF Reduce -6.3% 0.01% −0.00
ZTS Zoetis Inc. Reduce -8.9% 0.01% −0.00
ABBV Abbvie Inc. Reduce -0.4% 0.03% +0.01
BRK.B Berkshire Hathaway Inc. Class B Reduce -5.3% 0.18% +0.02
CHE Chemed Corp. Reduce -0.0% 0.38% +0.06
PAYX Paychex Inc. Reduce -0.5% 1.36% +0.13
SYK Stryker Corp. Reduce -0.1% 4.13% +0.17
EXLS Exlservice Holdings Inc. Reduce -0.2% 2.77% +0.18
AJG Arthur J Gallagher & Co. Reduce -9.2% 2.68% +0.27
MKL Markel Group Inc. Reduce -0.1% 3.50% +0.29
AZO AutoZone Inc. Reduce -0.8% 2.70% +0.43
PGR Progressive Corp. Reduce -1.4% 3.37% +0.50
BRO Brown & Brown Inc. Reduce -6.7% 5.65% +0.72

Portfolio Buys Q4 2024 → Q1 2025
KEYS Keysight Technologies Inc. Add +46.0% 1.89% +0.51
STE Steris PLC Add +18.9% 1.45% +0.35
BWIN Baldwin Insurance Group Inc./ New 0.32% +0.32
FAST Fastenal Co. Add +0.8% 3.06% +0.27
HEI.A Heico Corp. Class A Add +2.9% 1.73% +0.26
RSG Republic Services Inc. Add +0.1% 1.45% +0.26
CTAS Cintas Corp. Add +0.4% 1.21% +0.15
BR Broadridge Financial Solutio Add +0.5% 1.61% +0.13
MKC McCormick & Co.-Non VTG SHRS Add +0.5% 1.31% +0.11
BROS Dutch Bros Inc. Class A Add +0.1% 0.53% +0.08
ROP Roper Technologies Inc. Add +0.8% 0.59% +0.08
VRSK Verisk Analytics Inc. Add +1.8% 0.79% +0.08
JKHY Jack Henry & Associates Inc. Add +3.7% 0.86% +0.07
NOMD Nomad Foods Ltd. Add +0.9% 0.43% +0.07
EOG EOG Resources Inc. Add +1.0% 1.01% +0.06
WSO Watsco Inc. Add +0.4% 0.63% +0.05
DFH Dream Finders Homes Inc. Class A Add +19.3% 0.32% +0.05
CASS Cass Information Systems Inc. Add +0.8% 0.31% +0.02
SPSC SPS Commerce Inc. Add +45.0% 0.35% +0.02
BOC Boston Omaha Corp. Class A Add +1.0% 0.29% +0.01
WAT Waters Corp. Add +0.4% 1.83% +0.01
SITE Siteone Landscape Supply Inc. Add +9.6% 0.38% +0.01
GGG Graco Inc. Add +0.4% 1.93% +0.01
HOMB Home Bancshares Inc. Add +0.5% 0.31% +0.00
ESAB Esab Corp. Add +0.3% 0.26% −0.00
FELE Franklin Electric Co. Inc. Add +0.8% 0.28% −0.01
AVY Avery Dennison Corp. Add +1.3% 0.51% −0.02
MLM Martin Marietta Materials Add +4.9% 0.85% −0.02
ITW Illinois Tool Works Add +0.4% 2.06% −0.02
AME Ametek Inc. Add +1.6% 1.01% −0.02
CHH Choice Hotels Intl Inc. Add +0.9% 0.50% −0.03
ASGTF Altus Group Ltd. Add +0.0% 0.29% −0.03
FSV Firstservice Corp. Add +0.6% 0.35% −0.03
EXPO Exponent Inc. Add +0.5% 0.33% −0.03
DSGX The Descartes Systems Grp Add +0.4% 0.28% −0.03
ESI Element Solutions Inc. Add +0.5% 0.30% −0.03
LSTR Landstar System Inc. Add +0.8% 0.31% −0.04
BIPC Brookfield Infrastructure-A Add +0.0% 0.43% −0.04
CBZ Cbiz Inc. Add +0.2% 0.69% −0.05
TRRSF Trisura Group Ltd. Add +0.8% 0.34% −0.05
CIGI Colliers Intl GR-Subord Vot Add +1.9% 0.62% −0.06
OSW Onespaworld Holdings Ltd. Add +0.4% 0.33% −0.06
ADI Analog Devices Inc. Add +0.8% 2.05% −0.08
ENTG Entegris Inc. Add +3.1% 0.97% −0.09
FTDR Frontdoor Inc. Add +0.7% 0.28% −0.11
MCHP Microchip Technology Inc. Add +0.8% 1.35% −0.22
VMC Vulcan Materials Co. Add +0.3% 3.28% −0.30
IEX Idex Corp. Add +2.0% 3.28% −0.41
ZBRA Zebra Technologies Corp. Class A Add +0.5% 1.93% −0.67

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 92$4.8BROST, APH, VMC, ADI, IEX
Q1 2026 92$4.5BROST, APH, VMC, SYK, FAST
Q4 2025 92$4.8BROST, APH, VMC, MKL, SYK
Q3 2025 91$5.0BAPH, ROST, VMC, BRO, SYK
Q2 2025 90$5.0BBRO, APH, SYK, ROST, CDW
Q1 2025 91$4.7BBRO, ROST, CDW, SYK, MKL
Q4 2024 94$4.8BROST, BRO, CDW, SYK, IEX
Q3 2024 97$5.0BCDW, ROST, BRO, SYK, IEX
Q2 2024 96$4.6BCDW, ROST, BRO, SYK, IEX
Q1 2024 97$4.7BCDW, ROST, BRO, IEX, SYK