Kayne Anderson Rudnick Investment Management LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Kayne Anderson Rudnick Investment Management LLC reported 962 stock positions worth $40.9 billion. Its top holding was Primerica (PRI) at 2.5% of the portfolio, followed by LPL Financial (LPLA, 2.1%) and Jack Henry & Associates (JKHY, 2.1%). Compared with Q4 2024, it opened 43 new positions, sold out of 67, added to 247 and reduced 395. The biggest buy was a new position in Hamilton Lane Class A (HLNE) and the biggest sale an exit from Aspen Technology (AZPN).
- Most Recent 13F
- Q2 2026
- Location
- LOS ANGELES, CA
- CIK
- 0001021223
- Portfolio Value
- $40.9B (Q1 2025)
- SEC Filing
- 0001398344-25-009401 ↗ filed May 14, 2025
Holdings Value
Holdings 962 stocks · $40.9B
| PRI Primerica Inc. | 2.48% | 3,563,332 | $1.0B | Reduce -0.1% |
| LPLA LPL Financial Holdings Inc. | 2.15% | 2,681,617 | $877.3M | Add +0.8% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 2.14% | 4,778,922 | $872.6M | Add +19.1% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 2.05% | 11,787,639 | $838.8M | Add +0.6% |
| WSO Watsco Inc. | 1.94% | 1,557,610 | $791.7M | Add +0.5% |
| EFX Equifax Inc. | 1.86% | 3,117,870 | $759.4M | Reduce -0.2% |
| TDY Teledyne Technologies Inc. | 1.78% | 1,459,422 | $726.4M | Add +10.9% |
| POOL Pool Corp. | 1.75% | 2,250,422 | $716.4M | Add +2.3% |
| SSD Simpson Manufacturing Co. Inc. | 1.74% | 4,534,724 | $712.3M | Add +0.9% |
| COO The Cooper Cos Inc. | 1.65% | 7,985,239 | $673.6M | Reduce -1.2% |
| CRVL Corvel Corp. | 1.56% | 5,706,443 | $639.0M | Reduce -0.1% |
| BSY Bentley Systems Inc. Class B | 1.56% | 16,167,441 | $636.0M | Add +1.0% |
| LII Lennox International Inc. | 1.55% | 1,131,542 | $634.6M | Reduce -33.9% |
| ALLE Allegion PLC | 1.52% | 4,776,203 | $623.1M | Add +22.6% |
| OLED Universal Display Corp. | 1.50% | 4,407,846 | $614.8M | Add +73.8% |
| LSTR Landstar System Inc. | 1.50% | 4,083,704 | $613.4M | Add +8.5% |
| TTC Toro Co. | 1.46% | 8,187,609 | $595.6M | Add +16.4% |
| RBC RBC Bearings Inc. | 1.41% | 1,790,089 | $576.0M | Reduce -6.1% |
| FCN Fti Consulting Inc. | 1.37% | 3,415,254 | $560.4M | Add +0.9% |
| ROL Rollins Inc. | 1.35% | 10,243,636 | $553.5M | Add +0.4% |
| NDSN Nordson Corp. | 1.32% | 2,681,273 | $540.9M | Add +3.5% |
| OLLI Ollie's Bargain Outlet Holdi | 1.31% | 4,591,659 | $534.3M | Reduce -1.1% |
| CHH Choice Hotels Intl Inc. | 1.29% | 3,981,731 | $528.7M | Add +0.6% |
| IBKR Interactive Brokers Gro Class A | 1.28% | 3,170,779 | $525.0M | Reduce -18.4% |
| WTS Watts Water Technologies-A | 1.23% | 2,470,140 | $503.7M | Add +0.3% |
| BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC | 1.22% | 4,366,509 | $498.2M | Add +0.8% |
| FDS Factset Research Systems Inc. | 1.20% | 1,075,653 | $489.0M | Reduce -13.2% |
| HLI Houlihan Lokey Inc. | 1.16% | 2,926,959 | $472.7M | Reduce -10.8% |
| GOLF Acushnet Holdings Corp. | 1.15% | 6,857,497 | $470.8M | Reduce -1.5% |
| EME Emcor Group Inc. | 1.14% | 1,262,973 | $466.8M | Reduce -0.1% |
| KAI Kadant Inc. | 1.10% | 1,334,266 | $449.5M | Reduce -0.9% |
| ZWS Zurn Elkay Water Solutions C | 1.10% | 13,605,639 | $448.7M | Add +0.3% |
| HLNE Hamilton Lane Inc. Class A | 1.06% | 2,910,957 | $432.8M | New |
| FICO Fair Isaac Corp. | 1.05% | 232,691 | $429.1M | Reduce -11.3% |
| SAIA Saia Inc. | 1.03% | 1,206,837 | $421.7M | Add +35.4% |
| RLI Rli Corp. | 1.03% | 5,226,797 | $419.9M | Add +8.5% |
| ZBRA Zebra Technologies Corp. Class A | 1.02% | 1,480,316 | $418.3M | Reduce -0.4% |
| BFAM Bright Horizons Family Solut | 1.00% | 3,200,371 | $406.6M | Add +3.1% |
| MC Moelis & Co. Class A | 0.99% | 6,920,207 | $403.9M | Reduce -2.5% |
| GGG Graco Inc. | 0.99% | 4,825,647 | $403.0M | Reduce -0.3% |
| UFPI Ufp Industries Inc. | 0.98% | 3,751,399 | $401.5M | Add +17.9% |
| THO Thor Industries Inc. | 0.95% | 5,145,840 | $390.1M | Reduce -0.6% |
| EXPO Exponent Inc. | 0.95% | 4,791,747 | $388.4M | Add +1.2% |
| SITE Siteone Landscape Supply Inc. | 0.94% | 3,171,508 | $385.1M | Reduce -4.7% |
| CHE Chemed Corp. | 0.90% | 597,175 | $367.5M | Add +2.6% |
| FHB First Hawaiian Inc. | 0.78% | 13,104,695 | $320.3M | Add +0.2% |
| AME Ametek Inc. | 0.75% | 1,789,871 | $308.1M | Add +1.6% |
| RYAN Ryan Specialty Holdings Inc. | 0.73% | 4,032,593 | $297.9M | Reduce -5.4% |
| CRL Charles River Laboratories | 0.72% | 1,950,273 | $293.6M | Add +8.0% |
| GSHD Goosehead Insurance Inc. Class A | 0.72% | 2,475,834 | $292.3M | Reduce -11.6% |
| HEI.A Heico Corp. Class A | 0.67% | 1,295,722 | $273.4M | Add +1.6% |
| MORN Morningstar Inc. | 0.67% | 910,156 | $272.9M | Reduce -6.7% |
| CWAN Clearwater Analytics HDS-A | 0.66% | 10,042,284 | $269.1M | Reduce -9.0% |
| APAM Artisan Partners Asset Ma -A | 0.63% | 6,543,446 | $255.8M | Reduce -0.3% |
| BANF Bancfirst Corp. | 0.58% | 2,158,264 | $237.1M | Reduce -0.2% |
| ROST Ross Stores Inc. | 0.58% | 1,841,450 | $235.3M | Reduce -2.7% |
| EPAC Enerpac Tool Group Corp. | 0.56% | 5,094,430 | $228.5M | Add +2.3% |
| WST West Pharmaceutical Services | 0.55% | 997,882 | $223.4M | Add +57.8% |
| DCI Donaldson Co. Inc. | 0.55% | 3,330,602 | $223.4M | Add +75.3% |
| MANH Manhattan Associates Inc. | 0.54% | 1,272,599 | $220.2M | Reduce -0.9% |
| MPWR Monolithic Power Systems Inc. | 0.51% | 361,124 | $209.4M | Reduce -0.5% |
| BR Broadridge Financial Solutio | 0.51% | 857,126 | $207.8M | Reduce -1.5% |
| BRO Brown & Brown Inc. | 0.49% | 1,620,536 | $201.6M | Add +0.6% |
| WAB Wabtec Corp. | 0.48% | 1,091,974 | $198.0M | Reduce -1.0% |
| TTAN Servicetitan Inc. Class A | 0.48% | 2,055,736 | $195.5M | Add +1545.2% |
| SFBS Servisfirst Bancshares Inc. | 0.47% | 2,349,747 | $194.1M | Reduce -5.2% |
| LCII Lci Industries | 0.47% | 2,209,260 | $193.2M | Reduce -1.2% |
| VRSK Verisk Analytics Inc. | 0.46% | 637,343 | $189.7M | Add +0.7% |
| AWI Armstrong World Industries | 0.46% | 1,338,833 | $188.6M | Add +0.7% |
| NCNO Ncino Inc. | 0.46% | 6,811,727 | $187.1M | Reduce -1.2% |
| ROAD Construction Partners Inc. Class A | 0.46% | 2,592,079 | $186.3M | Add +0.5% |
| DPZ Domino's Pizza Inc. | 0.46% | 404,653 | $185.9M | Reduce -1.4% |
| APH Amphenol Corp. Class A | 0.43% | 2,686,754 | $176.2M | Reduce -7.3% |
| TFIN Triumph Financial Inc. | 0.42% | 2,991,713 | $172.9M | Add +12.4% |
| APPF Appfolio Inc. Class A | 0.42% | 773,579 | $170.1M | Add +84.4% |
| IVV iShares Core S&P 500 ETF | 0.39% | 281,719 | $158.2M | Reduce -3.5% |
| PNR Pentair PLC | 0.38% | 1,767,782 | $154.6M | Add +1.0% |
| JBTM JBT Marel Corp. | 0.37% | 1,232,899 | $150.7M | Add +0.3% |
| BOH Bank of Hawaii Corp. filed as BANK HAWAII CORP | 0.37% | 2,180,744 | $150.4M | Add +23.7% |
| WDFC WD-40 Co. | 0.34% | 568,302 | $138.7M | Add +0.8% |
| OS Onestream Inc. | 0.33% | 6,378,130 | $136.1M | Add +53.9% |
| PBH Prestige Consumer Healthcare | 0.33% | 1,580,819 | $135.9M | Add +45.4% |
| DFH Dream Finders Homes Inc. Class A | 0.33% | 6,000,249 | $135.4M | Reduce -0.2% |
| AAON Aaon Inc. | 0.33% | 1,732,426 | $135.4M | Reduce -27.7% |
| CAKE The Cheesecake Factory Inc. | 0.32% | 2,695,031 | $131.1M | Add +0.2% |
| EVTC Evertec Inc. | 0.31% | 3,473,953 | $127.7M | Add +1.9% |
| FUL H.B. Fuller Co. filed as FULLER H B CO | 0.31% | 2,235,265 | $125.4M | Add +21.3% |
| KNSL Kinsale Capital Group Inc. | 0.31% | 256,832 | $125.0M | New |
| HLMN Hillman Solutions Corp. | 0.31% | 14,214,891 | $124.9M | Add +0.5% |
| V Visa Inc. Class A | 0.30% | 347,320 | $121.7M | Reduce -6.4% |
| DAVA Endava PLC- Spon ADR | 0.30% | 6,198,846 | $120.9M | Add +36.8% |
| SPSC SPS Commerce Inc. | 0.29% | 887,615 | $117.8M | Add +34.1% |
| GTY Getty Realty Corp. | 0.29% | 3,770,092 | $117.6M | Add +1.1% |
| MDY State Street SPDR S&P Midcap | 0.28% | 217,984 | $116.3M | Reduce -42.4% |
| KFRC Kforce Inc. | 0.27% | 2,271,022 | $111.0M | Add +0.4% |
| FIZZ National Beverage Corp. | 0.26% | 2,591,933 | $107.7M | Add +1.0% |
| MSCI MSCI Inc. | 0.26% | 188,234 | $106.4M | Add +4.5% |
| UNF Unifirst Corp. | 0.26% | 608,245 | $105.8M | Add +3.0% |
| SMG Scotts Miracle-Gro Co. | 0.25% | 1,861,941 | $102.2M | Reduce -64.2% |
| META Meta Platforms Inc. Class A | 0.25% | 175,409 | $101.1M | Reduce -5.3% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $277 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 10 | $277 | No change |
Total filed on the 13F, all lines: $40.9B.
Portfolio Sells Q4 2024 → Q1 2025
| AZPN Aspen Technology Inc. | Sold out | 0.00% | −2.17 |
| TER Teradyne Inc. | Reduce -98.2% | 0.01% | −0.88 |
| LII Lennox International Inc. | Reduce -33.9% | 1.55% | −0.84 |
| SMG Scotts Miracle-Gro Co. | Reduce -64.2% | 0.25% | −0.54 |
| AAON Aaon Inc. | Reduce -27.7% | 0.33% | −0.32 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -0.4% | 1.02% | −0.30 |
| IBKR Interactive Brokers Gro Class A | Reduce -18.4% | 1.28% | −0.29 |
| MANH Manhattan Associates Inc. | Reduce -0.9% | 0.54% | −0.26 |
| MC Moelis & Co. Class A | Reduce -2.5% | 0.99% | −0.22 |
| MDY State Street SPDR S&P Midcap | Reduce -42.4% | 0.28% | −0.21 |
| TTD Trade Desk Inc./the Class A | Reduce -5.5% | 0.16% | −0.19 |
| THO Thor Industries Inc. | Reduce -0.6% | 0.95% | −0.18 |
| EME Emcor Group Inc. | Reduce -0.1% | 1.14% | −0.18 |
| FDS Factset Research Systems Inc. | Reduce -13.2% | 1.20% | −0.17 |
| HLI Houlihan Lokey Inc. | Reduce -10.8% | 1.16% | −0.15 |
| FICO Fair Isaac Corp. | Reduce -11.3% | 1.05% | −0.15 |
| RVLV Revolve Group Inc. Class A | Reduce -5.7% | 0.25% | −0.14 |
| NVDA Nvidia Corp. | Reduce -24.3% | 0.24% | −0.13 |
| MDB Mongodb Inc. | Reduce -99.0% | 0.00% | −0.11 |
| MORN Morningstar Inc. | Reduce -6.7% | 0.67% | −0.09 |
| GLBE Global-E Online Ltd. | Reduce -20.8% | 0.10% | −0.09 |
| ROST Ross Stores Inc. | Reduce -2.7% | 0.58% | −0.08 |
| CPAY Corpay Inc. | Reduce -99.4% | 0.00% | −0.08 |
| AZTA Azenta Inc. | Reduce -4.6% | 0.18% | −0.08 |
| FOXF Fox Factory Holding Corp. | Reduce -50.6% | 0.05% | −0.07 |
| NCNO Ncino Inc. | Reduce -1.2% | 0.46% | −0.07 |
| SITE Siteone Landscape Supply Inc. | Reduce -4.7% | 0.94% | −0.07 |
| COO The Cooper Cos Inc. | Reduce -1.2% | 1.65% | −0.06 |
| LOW Lowe's Cos Inc. | Reduce -79.3% | 0.02% | −0.06 |
| LCII Lci Industries | Reduce -1.2% | 0.47% | −0.06 |
| FRPT Freshpet Inc. | Reduce -9.4% | 0.07% | −0.06 |
| LKFN Lakeland Financial Corp. | Reduce -55.1% | 0.04% | −0.05 |
| BILL Bill Holdings Inc. | Reduce -98.3% | 0.00% | −0.05 |
| CWAN Clearwater Analytics HDS-A | Reduce -9.0% | 0.66% | −0.04 |
| IWD iShares Russell 1000 Value E | Reduce -70.1% | 0.02% | −0.04 |
| AMZN Amazon.com Inc. | Reduce -6.0% | 0.24% | −0.04 |
| USPH U.S. Physical Therapy Inc. | Reduce -4.6% | 0.17% | −0.04 |
| DDOG Datadog Inc. Class A | Reduce -9.2% | 0.07% | −0.03 |
| CAE Cae Inc. | Reduce -42.7% | 0.05% | −0.03 |
| ONON On Holding AG Class A | Reduce -8.2% | 0.12% | −0.03 |
| APH Amphenol Corp. Class A | Reduce -7.3% | 0.43% | −0.03 |
| ORCL Oracle Corp. | Reduce -14.5% | 0.09% | −0.03 |
| PLD Prologis Inc. | Reduce -80.1% | 0.01% | −0.03 |
| NRC NRC Health | Reduce -0.3% | 0.09% | −0.03 |
| NOVT Novanta Inc. | Reduce -5.3% | 0.14% | −0.03 |
| IWM iShares Russell 2000 ETF | Reduce -34.6% | 0.04% | −0.03 |
| IT Gartner Inc. | Reduce -2.2% | 0.24% | −0.03 |
| ACN Accenture PLC Class A | Reduce -8.3% | 0.16% | −0.02 |
| APAM Artisan Partners Asset Ma -A | Reduce -0.3% | 0.63% | −0.02 |
| XYZ Block Inc. | Reduce -6.3% | 0.04% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| HLNE Hamilton Lane Inc. Class A | New | 1.06% | +1.06 |
| OLED Universal Display Corp. | Add +73.8% | 1.50% | +0.65 |
| JKHY Jack Henry & Associates Inc. | Add +19.1% | 2.14% | +0.52 |
| WRB WR Berkley Corp. | Add +0.6% | 2.05% | +0.48 |
| TTAN Servicetitan Inc. Class A | Add +1545.2% | 0.48% | +0.45 |
| TDY Teledyne Technologies Inc. | Add +10.9% | 1.78% | +0.37 |
| ALLE Allegion PLC | Add +22.6% | 1.52% | +0.35 |
| BJ Bj's Wholesale Club Holdings | Add +0.8% | 1.22% | +0.33 |
| KNSL Kinsale Capital Group Inc. | New | 0.31% | +0.31 |
| ROL Rollins Inc. | Add +0.4% | 1.35% | +0.27 |
| DCI Donaldson Co. Inc. | Add +75.3% | 0.55% | +0.25 |
| WSO Watsco Inc. | Add +0.5% | 1.94% | +0.25 |
| BFAM Bright Horizons Family Solut | Add +3.1% | 1.00% | +0.20 |
| CHE Chemed Corp. | Add +2.6% | 0.90% | +0.19 |
| APPF Appfolio Inc. Class A | Add +84.4% | 0.42% | +0.18 |
| TTC Toro Co. | Add +16.4% | 1.46% | +0.16 |
| UFPI Ufp Industries Inc. | Add +17.9% | 0.98% | +0.16 |
| LPLA LPL Financial Holdings Inc. | Add +0.8% | 2.15% | +0.15 |
| ULS Ul Solutions Inc. Class A | New | 0.14% | +0.14 |
| PBH Prestige Consumer Healthcare | Add +45.4% | 0.33% | +0.14 |
| HEI.A Heico Corp. Class A | Add +1.6% | 0.67% | +0.12 |
| PODD Insulet Corp. | Add +1316.5% | 0.12% | +0.12 |
| BRO Brown & Brown Inc. | Add +0.6% | 0.49% | +0.12 |
| RLI Rli Corp. | Add +8.5% | 1.03% | +0.11 |
| SAIA Saia Inc. | Add +35.4% | 1.03% | +0.10 |
| EPAC Enerpac Tool Group Corp. | Add +2.3% | 0.56% | +0.09 |
| CPRT Copart Inc. | Add +475.0% | 0.10% | +0.09 |
| WTS Watts Water Technologies-A | Add +0.3% | 1.23% | +0.08 |
| BOH Bank of Hawaii Corp. | Add +23.7% | 0.37% | +0.08 |
| NDSN Nordson Corp. | Add +3.5% | 1.32% | +0.08 |
| WST West Pharmaceutical Services | Add +57.8% | 0.55% | +0.07 |
| FFIN First Finl Bankshares Inc. | Add +36.0% | 0.22% | +0.07 |
| LAMR Lamar Advertising Co. Class A | Add +181.7% | 0.10% | +0.07 |
| VRSK Verisk Analytics Inc. | Add +0.7% | 0.46% | +0.06 |
| OS Onestream Inc. | Add +53.9% | 0.33% | +0.06 |
| EVTC Evertec Inc. | Add +1.9% | 0.31% | +0.04 |
| DSGX The Descartes Systems Grp | New | 0.04% | +0.04 |
| SPGI S&P Global Inc. | Add +52.6% | 0.10% | +0.04 |
| CASY Casey's General Stores Inc. | New | 0.04% | +0.04 |
| SNOW Snowflake Inc. | Add +73.4% | 0.09% | +0.04 |
| CSW CSW Industrials Inc. | Add +34.5% | 0.23% | +0.03 |
| AWI Armstrong World Industries | Add +0.7% | 0.46% | +0.03 |
| GTY Getty Realty Corp. | Add +1.1% | 0.29% | +0.03 |
| SSD Simpson Manufacturing Co. Inc. | Add +0.9% | 1.74% | +0.03 |
| POOL Pool Corp. | Add +2.3% | 1.75% | +0.03 |
| CAKE The Cheesecake Factory Inc. | Add +0.2% | 0.32% | +0.03 |
| UNF Unifirst Corp. | Add +3.0% | 0.26% | +0.03 |
| WDFC WD-40 Co. | Add +0.8% | 0.34% | +0.02 |
| NOW ServiceNow Inc. | Add +63.0% | 0.10% | +0.02 |
| AME Ametek Inc. | Add +1.6% | 0.75% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 963 | $32.2B | PRI, RBC, WTS, SSD, JKHY |
| Q1 2026 | 953 | $34.0B | JKHY, PRI, TTC, TDY, RBC |
| Q4 2025 | 1,007 | $37.3B | JKHY, LPLA, PRI, IBKR, TDY |
| Q3 2025 | 1,029 | $41.0B | PRI, TDY, IBKR, LPLA, ALLE |
| Q2 2025 | 1,092 | $41.9B | LPLA, PRI, JKHY, BSY, WRB |
| Q1 2025 | 962 | $40.9B | PRI, LPLA, JKHY, WRB, WSO |
| Q4 2024Amended | 984 | $43.5B | LII, PRI, AZPN, LPLA, EFX |
| Q3 2024 | 978 | $45.3B | EME, LII, AZPN, PRI, EFX |
| Q2 2024 | 994 | $41.0B | EME, LII, PRI, AZPN, BSY |
| Q1 2024 | 952 | $43.1B | EME, SSD, PRI, AZPN, POOL |