Fenimore Asset Management Inc

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 20, 2025), Fenimore Asset Management Inc reported 91 stock positions worth $5.0 billion. Its top holding was Amphenol Class A (APH) at 5.1% of the portfolio, followed by Ross Stores (ROST, 4.9%) and Vulcan Materials (VMC, 4.1%). Compared with Q2 2025, it opened 4 new positions, sold out of 3, added to 48 and reduced 23. The biggest buy was Agilent Technologies (A, shares +224%) and the biggest sale an exit from Waters (WAT).

Most Recent 13F
Q2 2026
Location
Cobleskill, NY
CIK
0000884566
Portfolio Value
$5.0B (Q3 2025)
SEC Filing
0001376474-25-000850 ↗ filed Oct 20, 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 Q1 2025 Q2 2025: $5.0B Q2 2025 Q3 2025: $5.0B $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 · $5.0B
APH Amphenol Corp. Class A 5.09% 2,050,259 $253.7M Reduce -10.4%
ROST Ross Stores Inc. 4.90% 1,605,273 $244.6M Add +0.0%
VMC Vulcan Materials Co. 4.11% 665,666 $204.8M Reduce -0.0%
BRO Brown & Brown Inc. 4.05% 2,156,455 $202.3M Add +0.8%
SYK Stryker Corp. 3.89% 525,437 $194.2M Add +0.1%
FAST Fastenal Co. 3.69% 3,751,178 $184.0M Add +0.1%
CDW CDW Corp. 3.64% 1,141,082 $181.8M Add +0.4%
BN Brookfield Corp. 3.54% 2,575,076 $176.6M Reduce -0.7%
TT Trane Technologies PLC 3.47% 410,528 $173.2M Reduce -1.4%
MKL Markel Group Inc. 3.39% 88,388 $168.9M Reduce 0.0%
IEX Idex Corp. 2.85% 874,679 $142.4M Add +0.2%
AZO AutoZone Inc. 2.85% 33,094 $142.0M Reduce -0.6%
PGR Progressive Corp. 2.77% 559,328 $138.1M Reduce -0.0%
EXLS Exlservice Holdings Inc. 2.46% 2,789,992 $122.8M Add +0.7%
ADI Analog Devices Inc. 2.44% 496,310 $121.9M Reduce 0.0%
KEYS Keysight Technologies Inc. 2.22% 632,432 $110.6M Add +1.1%
HEI.A Heico Corp. Class A 2.21% 434,681 $110.4M Add +1.6%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 2.21% 355,301 $110.1M Reduce -0.3%
BKNG Booking Holdings Inc. 2.16% 19,992 $107.9M Add +0.3%
ZBRA Zebra Technologies Corp. Class A 2.11% 353,914 $105.2M Add +0.7%
ITW Illinois Tool Works 2.07% 395,635 $103.2M Add +0.5%
GGG Graco Inc. 1.88% 1,102,884 $93.7M Add +0.4%
MCHP Microchip Technology Inc. 1.84% 1,425,444 $91.5M Add +1.8%
PNFP Pinnacle Financial Partners 1.78% 947,745 $88.9M Reduce -12.0%
STE Steris PLC 1.61% 324,971 $80.4M Add +4.1%
BR Broadridge Financial Solutio 1.52% 318,791 $75.9M Add +0.7%
A Agilent Technologies Inc. 1.51% 586,500 $75.3M Add +224.3%
AME Ametek Inc. 1.39% 367,497 $69.1M Add +1.4%
RSG Republic Services Inc. 1.30% 282,141 $64.7M Add +0.4%
CTAS Cintas Corp. 1.15% 278,638 $57.2M Add +0.4%
MLM Martin Marietta Materials 1.13% 89,657 $56.5M Add +0.9%
PAYX Paychex Inc. 1.08% 423,118 $53.6M Add +0.1%
BAM Brookfield Asset Mgmt-A 1.07% 936,273 $53.3M Add +0.6%
ENTG Entegris Inc. 1.01% 545,870 $50.5M Reduce -0.4%
EOG EOG Resources Inc. 0.87% 387,687 $43.5M Add +3.5%
LSTR Landstar System Inc. 0.84% 341,130 $41.8M Add +231.3%
BRK.A Berkshire Hathaway Inc. Class A 0.79% 52 $39.2M No change
CIGI Colliers Intl GR-Subord Vot 0.77% 247,220 $38.6M Reduce -0.2%
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.71% 236,732 $35.3M Add +1.7%
VRSK Verisk Analytics Inc. 0.69% 137,744 $34.6M Add +2.8%
WSO Watsco Inc. 0.57% 70,701 $28.6M Add +1.0%
FSV Firstservice Corp. 0.55% 144,633 $27.6M Add +44.1%
ROP Roper Technologies Inc. 0.49% 49,475 $24.7M Add +1.0%
CBZ Cbiz Inc. 0.48% 455,344 $24.1M Add +5.3%
BIPC Brookfield Infrastructure-A 0.47% 566,282 $23.3M Reduce -0.1%
AVY Avery Dennison Corp. 0.47% 143,249 $23.2M Add +0.0%
FTDR Frontdoor Inc. 0.46% 340,620 $22.9M Add +0.1%
HLI Houlihan Lokey Inc. 0.44% 106,473 $21.9M Add +2.2%
OSW Onespaworld Holdings Ltd. 0.40% 935,495 $19.8M Reduce -0.0%
SITE Siteone Landscape Supply Inc. 0.39% 152,945 $19.7M Reduce -0.2%
TRRSF Trisura Group Ltd. 0.38% 689,411 $19.0M Reduce -0.2%
CHH Choice Hotels Intl Inc. 0.38% 177,936 $19.0M Reduce -0.3%
BROS Dutch Bros Inc. Class A 0.37% 349,395 $18.3M Reduce -13.4%
DFH Dream Finders Homes Inc. Class A 0.36% 689,132 $17.9M Add +0.1%
CHE Chemed Corp. 0.33% 37,240 $16.7M Add +28.3%
ASGTF Altus Group Ltd. 0.33% 382,699 $16.3M Add +0.3%
EXPO Exponent Inc. 0.32% 226,475 $15.7M Add +18.3%
ESI Element Solutions Inc. 0.31% 623,056 $15.7M Add +0.1%
SPSC SPS Commerce Inc. 0.30% 145,888 $15.2M Add +17.8%
HOMB Home Bancshares Inc. 0.29% 513,828 $14.5M Add +0.3%
BWIN Baldwin Insurance Group Inc./ filed as THE BALDWIN INSURANCE GRP IN 0.29% 507,057 $14.3M Add +44.3%
GEHC GE Healthcare Technology 0.28% 187,188 $14.1M Add +49.7%
CASS Cass Information Systems Inc. 0.27% 340,544 $13.4M Add +0.3%
FELE Franklin Electric Co. Inc. 0.27% 139,958 $13.3M Add +0.2%
FND Floor & Decor Holdings Inc. Class A 0.26% 173,473 $12.8M Add +0.5%
BOC Boston Omaha Corp. Class A 0.25% 952,613 $12.5M Reduce -0.1%
DSGX The Descartes Systems Grp 0.25% 131,319 $12.4M Add +0.1%
ESAB Esab Corp. 0.24% 106,522 $11.9M Add +0.1%
CWST Casella Waste Systems Inc. Class A 0.22% 114,226 $10.8M New
BRK.B Berkshire Hathaway Inc. Class B 0.14% 14,247 $7.2M Reduce -6.7%
AAPL Apple Inc. 0.07% 13,481 $3.4M No change
VUG Vanguard Mrngstar GR ETF-Sui 0.06% 6,581 $3.2M No change
POWERSHARES ETF TRUST filed as Invesco Large-Cap Growth 0.04% 17,000 $2.1M No change
ABBV Abbvie Inc. 0.03% 7,453 $1.7M No change
SPY SS SPDR S&P 500 ETF Trust-US 0.02% 1,477 $984K No change
IVV iShares Core S&P 500 ETF 0.02% 1,200 $803K No change
XLY SS Consumer Disc Select Sect 0.02% 3,138 $752K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.01% 2,573 $726K No change
MSFT Microsoft Corp. 0.01% 1,359 $704K No change
NBTB N B T Bancorp Inc. 0.01% 14,480 $605K No change
RYAN Ryan Specialty Holdings Inc. 0.01% 10,717 $604K New
POOL Pool Corp. 0.01% 1,375 $426K Reduce -98.5%
CNMD Conmed Corp. 0.01% 8,902 $419K Reduce -0.0%
XOM Exxon Mobil Corp. 0.01% 3,378 $381K No change
UNP Union Pacific Corp. 0.01% 1,584 $374K No change
USB US Bancorp 0.01% 7,331 $354K Reduce -0.0%
MSCI MSCI Inc. 0.01% 572 $325K No change
ZTS Zoetis Inc. 0.01% 2,040 $298K No change
MCO Moody's Corp. 0.01% 592 $282K No change
INTU Intuit Inc. 0.00% 300 $205K New
AXP American Express Co. 0.00% 605 $201K New

Portfolio Sells Q2 2025 → Q3 2025
WAT Waters Corp. Sold out 0.00% −1.70
PNFP Pinnacle Financial Partners Reduce -12.0% 1.78% −0.59
POOL Pool Corp. Reduce -98.5% 0.01% −0.54
NOMD Nomad Foods Ltd. Sold out 0.00% −0.31
PGR Progressive Corp. Reduce -0.0% 2.77% −0.21
BROS Dutch Bros Inc. Class A Reduce -13.4% 0.37% −0.18
TT Trane Technologies PLC Reduce -1.4% 3.47% −0.16
MKL Markel Group Inc. Reduce 0.0% 3.39% −0.14
TRRSF Trisura Group Ltd. Reduce -0.2% 0.38% −0.07
CHH Choice Hotels Intl Inc. Reduce -0.3% 0.38% −0.07
AJG Arthur J Gallagher & Co. Reduce -0.3% 2.21% −0.07
BOC Boston Omaha Corp. Class A Reduce -0.1% 0.25% −0.02
BRK.B Berkshire Hathaway Inc. Class B Reduce -6.7% 0.14% −0.00
COST Costco Wholesale Corp. Sold out 0.00% −0.00
BIPC Brookfield Infrastructure-A Reduce -0.1% 0.47% −0.00
CNMD Conmed Corp. Reduce -0.0% 0.01% −0.00
USB US Bancorp Reduce -0.0% 0.01% +0.00
OSW Onespaworld Holdings Ltd. Reduce -0.0% 0.40% +0.02
SITE Siteone Landscape Supply Inc. Reduce -0.2% 0.39% +0.03
ADI Analog Devices Inc. Reduce 0.0% 2.44% +0.09
CIGI Colliers Intl GR-Subord Vot Reduce -0.2% 0.77% +0.13
ENTG Entegris Inc. Reduce -0.4% 1.01% +0.13
BN Brookfield Corp. Reduce -0.7% 3.54% +0.34
AZO AutoZone Inc. Reduce -0.6% 2.85% +0.38
APH Amphenol Corp. Class A Reduce -10.4% 5.09% +0.58
VMC Vulcan Materials Co. Reduce -0.0% 4.11% +0.64

Portfolio Buys Q2 2025 → Q3 2025
A Agilent Technologies Inc. Add +224.3% 1.51% +1.08
ROST Ross Stores Inc. Add +0.0% 4.90% +0.82
LSTR Landstar System Inc. Add +231.3% 0.84% +0.55
FAST Fastenal Co. Add +0.1% 3.69% +0.55
CWST Casella Waste Systems Inc. Class A New 0.22% +0.22
FSV Firstservice Corp. Add +44.1% 0.55% +0.20
KEYS Keysight Technologies Inc. Add +1.1% 2.22% +0.17
MLM Martin Marietta Materials Add +0.9% 1.13% +0.16
ITW Illinois Tool Works Add +0.5% 2.07% +0.13
STE Steris PLC Add +4.1% 1.61% +0.12
GEHC GE Healthcare Technology Add +49.7% 0.28% +0.10
AME Ametek Inc. Add +1.4% 1.39% +0.08
HLI Houlihan Lokey Inc. Add +2.2% 0.44% +0.06
FTDR Frontdoor Inc. Add +0.1% 0.46% +0.06
CHE Chemed Corp. Add +28.3% 0.33% +0.05
BAM Brookfield Asset Mgmt-A Add +0.6% 1.07% +0.04
EXLS Exlservice Holdings Inc. Add +0.7% 2.46% +0.04
ESI Element Solutions Inc. Add +0.1% 0.31% +0.03
ASGTF Altus Group Ltd. Add +0.3% 0.33% +0.03
EXPO Exponent Inc. Add +18.3% 0.32% +0.03
FELE Franklin Electric Co. Inc. Add +0.2% 0.27% +0.02
DFH Dream Finders Homes Inc. Class A Add +0.1% 0.36% +0.01
RYAN Ryan Specialty Holdings Inc. New 0.01% +0.01
HEI.A Heico Corp. Class A Add +1.6% 2.21% +0.01
INTU Intuit Inc. New 0.00% +0.00
AXP American Express Co. New 0.00% +0.00
HOMB Home Bancshares Inc. Add +0.3% 0.29% +0.00
FND Floor & Decor Holdings Inc. Class A Add +0.5% 0.26% −0.01
GGG Graco Inc. Add +0.4% 1.88% −0.01
BR Broadridge Financial Solutio Add +0.7% 1.52% −0.01
BWIN Baldwin Insurance Group Inc./ Add +44.3% 0.29% −0.01
ESAB Esab Corp. Add +0.1% 0.24% −0.02
DSGX The Descartes Systems Grp Add +0.1% 0.25% −0.02
EOG EOG Resources Inc. Add +3.5% 0.87% −0.02
CASS Cass Information Systems Inc. Add +0.3% 0.27% −0.03
SPSC SPS Commerce Inc. Add +17.8% 0.30% −0.03
AVY Avery Dennison Corp. Add +0.0% 0.47% −0.04
WSO Watsco Inc. Add +1.0% 0.57% −0.04
ZBRA Zebra Technologies Corp. Class A Add +0.7% 2.11% −0.06
ROP Roper Technologies Inc. Add +1.0% 0.49% −0.06
RSG Republic Services Inc. Add +0.4% 1.30% −0.08
CTAS Cintas Corp. Add +0.4% 1.15% −0.09
JKHY Jack Henry & Associates Inc. Add +1.7% 0.71% −0.13
MCHP Microchip Technology Inc. Add +1.8% 1.84% −0.13
CBZ Cbiz Inc. Add +5.3% 0.48% −0.14
VRSK Verisk Analytics Inc. Add +2.8% 0.69% −0.14
BKNG Booking Holdings Inc. Add +0.3% 2.16% −0.14
PAYX Paychex Inc. Add +0.1% 1.08% −0.15
IEX Idex Corp. Add +0.2% 2.85% −0.20
SYK Stryker Corp. Add +0.1% 3.89% −0.25

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