Fenimore Asset Management Inc

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 2, 2026), Fenimore Asset Management Inc reported 92 stock positions worth $4.8 billion. Its top holding was Ross Stores (ROST) at 5.7% of the portfolio, followed by Amphenol Class A (APH, 4.7%) and Vulcan Materials (VMC, 4.0%). Compared with Q3 2025, it opened 4 new positions, sold out of 3, added to 35 and reduced 39. The biggest buy was Landstar System (LSTR, shares +43%) and the biggest sale AutoZone (AZO, shares −1%).

Most Recent 13F
Q2 2026
Location
Cobleskill, NY
CIK
0000884566
Portfolio Value
$4.8B (Q4 2025)
SEC Filing
0001376474-26-000098 ↗ filed Feb 2, 2026

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 Q3 2025 Q4 2025: $4.8B $4.8B Q4 2025 Q1 2026: $4.5B Q1 2026 Q2 2026: $4.8B Q2 2026

Holdings 92 stocks · $4.8B
ROST Ross Stores Inc. 5.75% 1,531,966 $276.0M Reduce -4.6%
APH Amphenol Corp. Class A 4.69% 1,665,809 $225.1M Reduce -18.8%
VMC Vulcan Materials Co. 3.96% 666,670 $190.1M Add +0.1%
MKL Markel Group Inc. 3.95% 88,266 $189.7M Reduce -0.1%
SYK Stryker Corp. 3.85% 525,378 $184.7M Reduce -0.0%
BN Brookfield Corp. 3.67% 3,842,656 $176.3M Reduce -0.5%
BRO Brown & Brown Inc. 3.62% 2,183,511 $174.0M Add +1.3%
CDW CDW Corp. 3.26% 1,150,567 $156.7M Add +0.8%
TT Trane Technologies PLC 3.21% 395,638 $154.0M Reduce -3.6%
FAST Fastenal Co. 3.14% 3,752,643 $150.6M Add +0.0%
IEX Idex Corp. 3.04% 819,203 $145.8M Reduce -6.3%
ADI Analog Devices Inc. 2.79% 494,546 $134.1M Reduce -0.4%
KEYS Keysight Technologies Inc. 2.68% 633,773 $128.8M Add +0.2%
PGR Progressive Corp. 2.66% 559,924 $127.5M Add +0.1%
EXLS Exlservice Holdings Inc. 2.45% 2,773,142 $117.7M Reduce -0.6%
AZO AutoZone Inc. 2.32% 32,830 $111.3M Reduce -0.8%
HEI.A Heico Corp. Class A 2.30% 436,906 $110.3M Add +0.5%
BKNG Booking Holdings Inc. 2.23% 19,994 $107.1M Add +0.0%
ITW Illinois Tool Works 2.03% 395,628 $97.4M Reduce 0.0%
MCHP Microchip Technology Inc. 1.92% 1,444,945 $92.1M Add +1.4%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 1.91% 354,440 $91.7M Reduce -0.2%
GGG Graco Inc. 1.90% 1,112,750 $91.2M Add +0.9%
ZBRA Zebra Technologies Corp. Class A 1.82% 359,257 $87.2M Add +1.5%
STE Steris PLC 1.73% 328,107 $83.2M Add +1.0%
A Agilent Technologies Inc. 1.69% 594,972 $81.0M Add +1.4%
PNFP Pinnacle Financial Partners 1.68% 844,455 $80.6M Reduce -10.9%
AME Ametek Inc. 1.57% 367,870 $75.5M Add +0.1%
BR Broadridge Financial Solutio 1.50% 323,621 $72.2M Add +1.5%
LSTR Landstar System Inc. 1.45% 486,165 $69.9M Add +42.5%
RSG Republic Services Inc. 1.28% 290,625 $61.6M Add +3.0%
MLM Martin Marietta Materials 1.17% 89,928 $56.0M Add +0.3%
CTAS Cintas Corp. 1.10% 279,651 $52.6M Add +0.4%
BAM Brookfield Asset Mgmt-A 1.02% 937,887 $49.1M Add +0.2%
PAYX Paychex Inc. 0.99% 425,591 $47.7M Add +0.6%
ENTG Entegris Inc. 0.97% 551,246 $46.4M Add +1.0%
VRSK Verisk Analytics Inc. 0.88% 188,194 $42.1M Add +36.6%
EOG EOG Resources Inc. 0.85% 387,628 $40.7M Reduce -0.0%
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.84% 220,615 $40.3M Reduce -6.8%
CIGI Colliers Intl GR-Subord Vot 0.68% 222,258 $32.7M Reduce -10.1%
BRK.A Berkshire Hathaway Inc. Class A 0.66% 42 $31.7M Reduce -19.2%
AVY Avery Dennison Corp. 0.54% 143,826 $26.2M Add +0.4%
FSV Firstservice Corp. 0.49% 149,827 $23.3M Add +3.6%
ROP Roper Technologies Inc. 0.48% 52,195 $23.2M Add +5.5%
CBZ Cbiz Inc. 0.48% 452,592 $22.8M Reduce -0.6%
HLI Houlihan Lokey Inc. 0.45% 123,672 $21.5M Add +16.1%
TRRSF Trisura Group Ltd. 0.44% 684,344 $21.2M Reduce -0.7%
WSO Watsco Inc. 0.43% 60,859 $20.5M Reduce -13.9%
BIPC Brookfield Infrastructure-A 0.40% 427,910 $19.4M Reduce -24.4%
BROS Dutch Bros Inc. Class A 0.40% 312,111 $19.1M Reduce -10.7%
SITE Siteone Landscape Supply Inc. 0.39% 151,994 $18.9M Reduce -0.6%
EXPO Exponent Inc. 0.39% 266,892 $18.5M Add +17.9%
CHH Choice Hotels Intl Inc. 0.38% 193,444 $18.4M Add +8.7%
FND Floor & Decor Holdings Inc. Class A 0.38% 300,203 $18.3M Add +73.0%
OSW Onespaworld Holdings Ltd. 0.34% 794,612 $16.5M Reduce -15.1%
CHE Chemed Corp. 0.33% 36,987 $15.8M Reduce -0.7%
ASGTF Altus Group Ltd. 0.33% 379,464 $15.7M Reduce -0.8%
GEHC GE Healthcare Technology 0.32% 187,695 $15.4M Add +0.3%
ESI Element Solutions Inc. 0.32% 613,873 $15.3M Reduce -1.5%
SPSC SPS Commerce Inc. 0.31% 164,884 $14.7M Add +13.0%
HOMB Home Bancshares Inc. 0.30% 510,618 $14.2M Reduce -0.6%
FTDR Frontdoor Inc. 0.29% 245,564 $14.2M Reduce -27.9%
NOVT Novanta Inc. 0.29% 118,553 $14.1M New
BWIN Baldwin Insurance Group Inc./ filed as THE BALDWIN INSURANCE GRP IN 0.29% 582,850 $14.0M Add +14.9%
FELE Franklin Electric Co. Inc. 0.28% 138,823 $13.3M Reduce -0.8%
ESAB Esab Corp. 0.25% 105,713 $11.8M Reduce -0.8%
DFH Dream Finders Homes Inc. Class A 0.24% 686,041 $11.7M Reduce -0.5%
CWST Casella Waste Systems Inc. Class A 0.24% 117,493 $11.5M Add +2.9%
BOC Boston Omaha Corp. Class A 0.24% 926,624 $11.5M Reduce -2.7%
DSGX The Descartes Systems Grp 0.24% 130,384 $11.4M Reduce -0.7%
BRK.B Berkshire Hathaway Inc. Class B 0.14% 13,022 $6.5M Reduce -8.6%
AAPL Apple Inc. 0.08% 13,296 $3.6M Reduce -1.4%
VUG Vanguard Mrngstar GR ETF-Sui 0.07% 6,581 $3.2M No change
POWERSHARES ETF TRUST filed as Invesco Large-Cap Growth 0.04% 17,000 $2.2M No change
ABBV Abbvie Inc. 0.04% 7,448 $1.7M Reduce -0.1%
RYAN Ryan Specialty Holdings Inc. 0.03% 27,613 $1.4M Add +157.7%
SPY SS SPDR S&P 500 ETF Trust-US 0.02% 1,477 $1.0M No change
IVV iShares Core S&P 500 ETF 0.02% 1,150 $788K Reduce -4.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.02% 2,573 $762K No change
XLY SS Consumer Disc Select Sect 0.02% 6,276 $749K No change
MSFT Microsoft Corp. 0.01% 1,359 $657K No change
NBTB N B T Bancorp Inc. 0.01% 14,480 $601K No change
XOM Exxon Mobil Corp. 0.01% 3,378 $407K No change
USB US Bancorp 0.01% 7,331 $391K No change
UNP Union Pacific Corp. 0.01% 1,584 $366K No change
CNMD Conmed Corp. 0.01% 8,902 $361K No change
MSCI MSCI Inc. 0.01% 572 $328K No change
MCO Moody's Corp. 0.01% 592 $302K No change
AKRE Akre Focus ETF filed as PROFESIONALLY MANAGED PORTFO 0.01% 4,027 $264K New
ZTS Zoetis Inc. 0.01% 2,040 $257K No change
POOL Pool Corp. 0.01% 1,080 $247K Reduce -21.4%
DHIL Diamond Hill Investment Grp 0.00% 1,336 $226K New
Bank Of Richmondville 0.00% 1,000 $224K New

Portfolio Sells Q3 2025 → Q4 2025
AZO AutoZone Inc. Reduce -0.8% 2.32% −0.53
APH Amphenol Corp. Class A Reduce -18.8% 4.69% −0.40
AJG Arthur J Gallagher & Co. Reduce -0.2% 1.91% −0.30
CASS Cass Information Systems Inc. Sold out 0.00% −0.27
TT Trane Technologies PLC Reduce -3.6% 3.21% −0.27
FTDR Frontdoor Inc. Reduce -27.9% 0.29% −0.16
WSO Watsco Inc. Reduce -13.9% 0.43% −0.15
BRK.A Berkshire Hathaway Inc. Class A Reduce -19.2% 0.66% −0.13
DFH Dream Finders Homes Inc. Class A Reduce -0.5% 0.24% −0.11
PNFP Pinnacle Financial Partners Reduce -10.9% 1.68% −0.10
CIGI Colliers Intl GR-Subord Vot Reduce -10.1% 0.68% −0.09
BIPC Brookfield Infrastructure-A Reduce -24.4% 0.40% −0.06
OSW Onespaworld Holdings Ltd. Reduce -15.1% 0.34% −0.05
SYK Stryker Corp. Reduce -0.0% 3.85% −0.05
ITW Illinois Tool Works Reduce 0.0% 2.03% −0.04
EOG EOG Resources Inc. Reduce -0.0% 0.85% −0.02
EXLS Exlservice Holdings Inc. Reduce -0.6% 2.45% −0.01
BOC Boston Omaha Corp. Class A Reduce -2.7% 0.24% −0.01
DSGX The Descartes Systems Grp Reduce -0.7% 0.24% −0.01
CBZ Cbiz Inc. Reduce -0.6% 0.48% −0.01
BRK.B Berkshire Hathaway Inc. Class B Reduce -8.6% 0.14% −0.01
CHE Chemed Corp. Reduce -0.7% 0.33% −0.00
INTU Intuit Inc. Sold out 0.00% −0.00
AXP American Express Co. Sold out 0.00% −0.00
POOL Pool Corp. Reduce -21.4% 0.01% −0.00
SITE Siteone Landscape Supply Inc. Reduce -0.6% 0.39% −0.00
ASGTF Altus Group Ltd. Reduce -0.8% 0.33% −0.00
IVV iShares Core S&P 500 ETF Reduce -4.2% 0.02% +0.00
ABBV Abbvie Inc. Reduce -0.1% 0.04% +0.00
HOMB Home Bancshares Inc. Reduce -0.6% 0.30% +0.00
ESI Element Solutions Inc. Reduce -1.5% 0.32% +0.01
AAPL Apple Inc. Reduce -1.4% 0.08% +0.01
ESAB Esab Corp. Reduce -0.8% 0.25% +0.01
FELE Franklin Electric Co. Inc. Reduce -0.8% 0.28% +0.01
BROS Dutch Bros Inc. Class A Reduce -10.7% 0.40% +0.03
TRRSF Trisura Group Ltd. Reduce -0.7% 0.44% +0.06
JKHY Jack Henry & Associates Inc. Reduce -6.8% 0.84% +0.13
BN Brookfield Corp. Reduce -0.5% 3.67% +0.13
IEX Idex Corp. Reduce -6.3% 3.04% +0.18
ADI Analog Devices Inc. Reduce -0.4% 2.79% +0.35
MKL Markel Group Inc. Reduce -0.1% 3.95% +0.56
ROST Ross Stores Inc. Reduce -4.6% 5.75% +0.84

Portfolio Buys Q3 2025 → Q4 2025
LSTR Landstar System Inc. Add +42.5% 1.45% +0.62
KEYS Keysight Technologies Inc. Add +0.2% 2.68% +0.46
NOVT Novanta Inc. New 0.29% +0.29
AME Ametek Inc. Add +0.1% 1.57% +0.19
VRSK Verisk Analytics Inc. Add +36.6% 0.88% +0.18
A Agilent Technologies Inc. Add +1.4% 1.69% +0.18
FND Floor & Decor Holdings Inc. Class A Add +73.0% 0.38% +0.12
STE Steris PLC Add +1.0% 1.73% +0.12
HEI.A Heico Corp. Class A Add +0.5% 2.30% +0.08
MCHP Microchip Technology Inc. Add +1.4% 1.92% +0.08
AVY Avery Dennison Corp. Add +0.4% 0.54% +0.08
EXPO Exponent Inc. Add +17.9% 0.39% +0.07
BKNG Booking Holdings Inc. Add +0.0% 2.23% +0.07
GEHC GE Healthcare Technology Add +0.3% 0.32% +0.04
MLM Martin Marietta Materials Add +0.3% 1.17% +0.03
CWST Casella Waste Systems Inc. Class A Add +2.9% 0.24% +0.02
GGG Graco Inc. Add +0.9% 1.90% +0.02
RYAN Ryan Specialty Holdings Inc. Add +157.7% 0.03% +0.02
HLI Houlihan Lokey Inc. Add +16.1% 0.45% +0.01
AKRE Akre Focus ETF New 0.01% +0.01
BWIN Baldwin Insurance Group Inc./ Add +14.9% 0.29% +0.00
DHIL Diamond Hill Investment Grp New 0.00% +0.00
Bank Of Richmondville New 0.00% +0.00
CHH Choice Hotels Intl Inc. Add +8.7% 0.38% +0.00
SPSC SPS Commerce Inc. Add +13.0% 0.31% +0.00
ROP Roper Technologies Inc. Add +5.5% 0.48% −0.01
RSG Republic Services Inc. Add +3.0% 1.28% −0.02
BR Broadridge Financial Solutio Add +1.5% 1.50% −0.02
ENTG Entegris Inc. Add +1.0% 0.97% −0.04
BAM Brookfield Asset Mgmt-A Add +0.2% 1.02% −0.05
CTAS Cintas Corp. Add +0.4% 1.10% −0.05
FSV Firstservice Corp. Add +3.6% 0.49% −0.07
PAYX Paychex Inc. Add +0.6% 0.99% −0.08
PGR Progressive Corp. Add +0.1% 2.66% −0.11
VMC Vulcan Materials Co. Add +0.1% 3.96% −0.15
ZBRA Zebra Technologies Corp. Class A Add +1.5% 1.82% −0.29
CDW CDW Corp. Add +0.8% 3.26% −0.38
BRO Brown & Brown Inc. Add +1.3% 3.62% −0.43
FAST Fastenal Co. Add +0.0% 3.14% −0.55

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