Kayne Anderson Rudnick Investment Management LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Kayne Anderson Rudnick Investment Management LLC reported 1,092 stock positions worth $41.9 billion. Its top holding was LPL Financial (LPLA) at 2.3% of the portfolio, followed by Primerica (PRI, 2.3%) and Jack Henry & Associates (JKHY, 2.0%). Compared with Q1 2025, it opened 161 new positions, sold out of 32, added to 426 and reduced 273. The biggest buy was Ul Solutions Class A (ULS, shares +548%) and the biggest sale Charles River Laboratories (CRL, shares −100%).
- Most Recent 13F
- Q2 2026
- Location
- LOS ANGELES, CA
- CIK
- 0001021223
- Portfolio Value
- $41.9B (Q2 2025)
- SEC Filing
- 0001398344-25-015278 ↗ filed Aug 13, 2025
Holdings Value
Holdings 1,092 stocks · $41.9B
| LPLA LPL Financial Holdings Inc. | 2.29% | 2,557,458 | $959.0M | Reduce -4.6% |
| PRI Primerica Inc. | 2.27% | 3,482,586 | $953.1M | Reduce -2.3% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 2.03% | 4,710,247 | $848.6M | Reduce -1.4% |
| BSY Bentley Systems Inc. Class B | 1.96% | 15,210,846 | $820.9M | Reduce -5.9% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 1.95% | 11,096,437 | $815.3M | Reduce -5.9% |
| EFX Equifax Inc. | 1.91% | 3,083,919 | $799.9M | Reduce -1.1% |
| TDY Teledyne Technologies Inc. | 1.80% | 1,469,930 | $753.1M | Add +0.7% |
| SSD Simpson Manufacturing Co. Inc. | 1.69% | 4,547,563 | $706.3M | Add +0.3% |
| EME Emcor Group Inc. | 1.67% | 1,305,264 | $698.2M | Add +3.4% |
| IBKR Interactive Brokers Gro Class A | 1.65% | 12,490,101 | $692.1M | Reduce -1.5% |
| OLED Universal Display Corp. | 1.62% | 4,403,332 | $680.1M | Reduce -0.1% |
| WSO Watsco Inc. | 1.62% | 1,532,700 | $676.9M | Reduce -1.6% |
| ALLE Allegion PLC | 1.54% | 4,484,835 | $646.4M | Reduce -6.1% |
| POOL Pool Corp. | 1.54% | 2,209,800 | $644.1M | Reduce -1.8% |
| LII Lennox International Inc. | 1.52% | 1,114,487 | $638.9M | Reduce -1.5% |
| RBC RBC Bearings Inc. | 1.42% | 1,546,136 | $595.0M | Reduce -13.6% |
| OLLI Ollie's Bargain Outlet Holdi | 1.40% | 4,446,379 | $585.9M | Reduce -3.2% |
| WTS Watts Water Technologies-A | 1.40% | 2,381,082 | $585.5M | Reduce -3.6% |
| CRVL Corvel Corp. | 1.36% | 5,558,296 | $571.3M | Reduce -2.6% |
| ROL Rollins Inc. | 1.36% | 10,111,239 | $570.5M | Reduce -1.3% |
| TTC Toro Co. | 1.36% | 8,050,989 | $569.0M | Reduce -1.7% |
| COO The Cooper Cos Inc. | 1.33% | 7,854,797 | $558.9M | Reduce -1.6% |
| LSTR Landstar System Inc. | 1.32% | 3,986,507 | $554.2M | Reduce -2.4% |
| FCN Fti Consulting Inc. | 1.29% | 3,352,297 | $541.4M | Reduce -1.8% |
| NDSN Nordson Corp. | 1.29% | 2,524,232 | $541.1M | Reduce -5.9% |
| HLI Houlihan Lokey Inc. | 1.29% | 3,006,952 | $541.1M | Add +2.7% |
| CHH Choice Hotels Intl Inc. | 1.20% | 3,952,972 | $501.6M | Reduce -0.7% |
| ZWS Zurn Elkay Water Solutions C | 1.17% | 13,454,767 | $492.0M | Reduce -1.1% |
| GOLF Acushnet Holdings Corp. | 1.17% | 6,726,899 | $489.9M | Reduce -1.9% |
| ULS Ul Solutions Inc. Class A | 1.16% | 6,660,612 | $485.3M | Add +547.7% |
| FDS Factset Research Systems Inc. | 1.14% | 1,068,519 | $477.9M | Reduce -0.7% |
| BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC | 1.11% | 4,311,804 | $464.9M | Reduce -1.3% |
| THO Thor Industries Inc. | 1.10% | 5,207,732 | $462.5M | Add +1.2% |
| ZBRA Zebra Technologies Corp. Class A | 1.09% | 1,482,018 | $457.0M | Add +0.1% |
| MC Moelis & Co. Class A | 1.01% | 6,768,276 | $421.8M | Reduce -2.2% |
| RLI Rli Corp. | 0.99% | 5,754,592 | $415.6M | Add +10.1% |
| KAI Kadant Inc. | 0.99% | 1,307,431 | $415.0M | Reduce -2.0% |
| FICO Fair Isaac Corp. | 0.98% | 224,463 | $410.3M | Reduce -3.5% |
| HLNE Hamilton Lane Inc. Class A | 0.97% | 2,872,094 | $408.2M | Reduce -1.3% |
| GGG Graco Inc. | 0.96% | 4,669,270 | $401.4M | Reduce -3.2% |
| BFAM Bright Horizons Family Solut | 0.94% | 3,170,386 | $391.8M | Reduce -0.9% |
| UFPI Ufp Industries Inc. | 0.87% | 3,650,225 | $362.7M | Reduce -2.7% |
| SITE Siteone Landscape Supply Inc. | 0.87% | 2,998,147 | $362.6M | Reduce -5.5% |
| EXPO Exponent Inc. | 0.85% | 4,790,824 | $357.9M | Reduce -0.0% |
| FHB First Hawaiian Inc. | 0.83% | 13,931,024 | $347.7M | Add +6.3% |
| HEI.A Heico Corp. Class A | 0.81% | 1,307,404 | $338.3M | Add +0.9% |
| SAIA Saia Inc. | 0.79% | 1,211,188 | $331.9M | Add +0.4% |
| BANF Bancfirst Corp. | 0.75% | 2,547,992 | $315.0M | Add +18.1% |
| CHE Chemed Corp. | 0.69% | 589,837 | $287.2M | Reduce -1.2% |
| APAM Artisan Partners Asset Ma -A | 0.67% | 6,369,401 | $282.4M | Reduce -2.7% |
| AME Ametek Inc. | 0.66% | 1,519,870 | $275.0M | Reduce -15.1% |
| ROAD Construction Partners Inc. Class A | 0.65% | 2,553,541 | $271.4M | Reduce -1.5% |
| MORN Morningstar Inc. | 0.64% | 848,569 | $266.4M | Reduce -6.8% |
| MPWR Monolithic Power Systems Inc. | 0.64% | 363,958 | $266.2M | Add +0.8% |
| APH Amphenol Corp. Class A | 0.60% | 2,566,268 | $253.4M | Reduce -4.5% |
| MANH Manhattan Associates Inc. | 0.59% | 1,252,479 | $247.3M | Reduce -1.6% |
| GSHD Goosehead Insurance Inc. Class A | 0.58% | 2,323,087 | $245.1M | Reduce -6.2% |
| TTAN Servicetitan Inc. Class A | 0.58% | 2,286,784 | $245.1M | Add +11.2% |
| WAB Wabtec Corp. | 0.56% | 1,129,705 | $236.5M | Add +3.5% |
| RYAN Ryan Specialty Holdings Inc. | 0.55% | 3,400,161 | $231.2M | Reduce -15.7% |
| WST West Pharmaceutical Services | 0.55% | 1,051,330 | $230.0M | Add +5.4% |
| DCI Donaldson Co. Inc. | 0.54% | 3,277,592 | $227.3M | Reduce -1.6% |
| CWAN Clearwater Analytics HDS-A | 0.51% | 9,766,137 | $214.2M | Reduce -2.8% |
| AWI Armstrong World Industries | 0.51% | 1,317,904 | $214.1M | Reduce -1.6% |
| BR Broadridge Financial Solutio | 0.50% | 862,933 | $209.7M | Add +0.7% |
| NCNO Ncino Inc. | 0.50% | 7,482,536 | $209.3M | Add +9.8% |
| LCII Lci Industries | 0.48% | 2,221,443 | $202.6M | Add +0.6% |
| VRSK Verisk Analytics Inc. | 0.47% | 633,702 | $197.4M | Reduce -0.6% |
| OS Onestream Inc. | 0.46% | 6,875,115 | $194.6M | Add +7.8% |
| EPAC Enerpac Tool Group Corp. | 0.45% | 4,644,731 | $188.4M | Reduce -8.8% |
| PNR Pentair PLC | 0.44% | 1,796,503 | $184.4M | Add +1.6% |
| DPZ Domino's Pizza Inc. | 0.44% | 408,959 | $184.3M | Add +1.1% |
| CAKE The Cheesecake Factory Inc. | 0.40% | 2,644,601 | $165.7M | Reduce -1.9% |
| SFBS Servisfirst Bancshares Inc. | 0.40% | 2,136,860 | $165.6M | Reduce -9.1% |
| IVV iShares Core S&P 500 ETF | 0.39% | 264,876 | $164.5M | Reduce -6.0% |
| MSCI MSCI Inc. | 0.38% | 279,177 | $161.0M | Add +48.3% |
| ROST Ross Stores Inc. | 0.38% | 1,251,379 | $159.7M | Reduce -32.0% |
| APPF Appfolio Inc. Class A | 0.38% | 686,460 | $158.1M | Reduce -11.3% |
| ODFL Old Dominion Freight Line | 0.38% | 969,471 | $157.3M | Add +78.7% |
| TFIN Triumph Financial Inc. | 0.37% | 2,846,955 | $156.9M | Reduce -4.8% |
| ALGN Align Technology Inc. | 0.37% | 815,292 | $154.4M | Add +41.2% |
| DFH Dream Finders Homes Inc. Class A | 0.36% | 5,923,893 | $148.9M | Reduce -1.3% |
| NVDA Nvidia Corp. | 0.35% | 937,257 | $148.1M | Add +4.0% |
| WMS Advanced Drainage Systems Inc. | 0.35% | 1,278,507 | $146.8M | Add +997.3% |
| JBTM JBT Marel Corp. | 0.35% | 1,213,420 | $145.9M | Reduce -1.6% |
| BOH Bank of Hawaii Corp. filed as BANK HAWAII CORP | 0.35% | 2,156,471 | $145.6M | Reduce -1.1% |
| FUL H.B. Fuller Co. filed as FULLER H B CO | 0.34% | 2,335,856 | $140.5M | Add +4.5% |
| PBH Prestige Consumer Healthcare | 0.33% | 1,748,942 | $139.7M | Add +10.6% |
| BRO Brown & Brown Inc. | 0.33% | 1,234,443 | $136.9M | Reduce -23.8% |
| META Meta Platforms Inc. Class A | 0.31% | 178,518 | $131.8M | Add +1.8% |
| WDFC WD-40 Co. | 0.31% | 564,039 | $128.7M | Reduce -0.8% |
| EVTC Evertec Inc. | 0.30% | 3,435,704 | $123.9M | Reduce -1.1% |
| MELI MercadoLibre Inc. | 0.29% | 46,808 | $122.3M | Reduce -6.9% |
| SYBT Stock Yards Bancorp Inc. | 0.29% | 1,544,818 | $122.0M | Add +20.8% |
| AAON Aaon Inc. | 0.29% | 1,622,751 | $119.7M | Reduce -6.3% |
| RVLV Revolve Group Inc. Class A | 0.28% | 5,938,303 | $119.1M | Add +27.2% |
| FFIN First Finl Bankshares Inc. | 0.28% | 3,257,576 | $117.2M | Add +32.1% |
| USPH U.S. Physical Therapy Inc. | 0.28% | 1,487,266 | $116.3M | Add +53.8% |
| KNSL Kinsale Capital Group Inc. | 0.28% | 238,539 | $115.4M | Reduce -7.1% |
| V Visa Inc. Class A | 0.28% | 325,018 | $115.4M | Reduce -6.4% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $207 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 10 | $207 | No change |
Lines left out (1) · $43 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| TRNO Terreno Realty Corp. | COM | 0 | $43 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $41.9B.
Portfolio Sells Q1 2025 → Q2 2025
| CRL Charles River Laboratories | Reduce -100.0% | 0.00% | −0.72 |
| WSO Watsco Inc. | Reduce -1.6% | 1.62% | −0.32 |
| COO The Cooper Cos Inc. | Reduce -1.6% | 1.33% | −0.31 |
| SMG Scotts Miracle-Gro Co. | Reduce -99.0% | 0.00% | −0.25 |
| POOL Pool Corp. | Reduce -1.8% | 1.54% | −0.22 |
| CHE Chemed Corp. | Reduce -1.2% | 0.69% | −0.21 |
| PRI Primerica Inc. | Reduce -2.3% | 2.27% | −0.21 |
| CRVL Corvel Corp. | Reduce -2.6% | 1.36% | −0.20 |
| ROST Ross Stores Inc. | Reduce -32.0% | 0.38% | −0.19 |
| AZTA Azenta Inc. | Reduce -99.2% | 0.00% | −0.18 |
| LSTR Landstar System Inc. | Reduce -2.4% | 1.32% | −0.18 |
| RYAN Ryan Specialty Holdings Inc. | Reduce -15.7% | 0.55% | −0.18 |
| BRO Brown & Brown Inc. | Reduce -23.8% | 0.33% | −0.17 |
| CWAN Clearwater Analytics HDS-A | Reduce -2.8% | 0.51% | −0.15 |
| GSHD Goosehead Insurance Inc. Class A | Reduce -6.2% | 0.58% | −0.13 |
| MDY State Street SPDR S&P Midcap | Reduce -43.8% | 0.17% | −0.12 |
| UFPI Ufp Industries Inc. | Reduce -2.7% | 0.87% | −0.12 |
| JKHY Jack Henry & Associates Inc. | Reduce -1.4% | 2.03% | −0.11 |
| BJ Bj's Wholesale Club Holdings | Reduce -1.3% | 1.11% | −0.11 |
| EPAC Enerpac Tool Group Corp. | Reduce -8.8% | 0.45% | −0.11 |
| KAI Kadant Inc. | Reduce -2.0% | 0.99% | −0.11 |
| WRB WR Berkley Corp. | Reduce -5.9% | 1.95% | −0.11 |
| TTC Toro Co. | Reduce -1.7% | 1.36% | −0.10 |
| AME Ametek Inc. | Reduce -15.1% | 0.66% | −0.10 |
| CHH Choice Hotels Intl Inc. | Reduce -0.7% | 1.20% | −0.10 |
| EXPO Exponent Inc. | Reduce -0.0% | 0.85% | −0.10 |
| ZTS Zoetis Inc. | Reduce -37.7% | 0.13% | −0.10 |
| HLNE Hamilton Lane Inc. Class A | Reduce -1.3% | 0.97% | −0.09 |
| HLMN Hillman Solutions Corp. | Reduce -7.6% | 0.22% | −0.08 |
| SFBS Servisfirst Bancshares Inc. | Reduce -9.1% | 0.40% | −0.08 |
| FCN Fti Consulting Inc. | Reduce -1.8% | 1.29% | −0.08 |
| SITE Siteone Landscape Supply Inc. | Reduce -5.5% | 0.87% | −0.08 |
| FICO Fair Isaac Corp. | Reduce -3.5% | 0.98% | −0.07 |
| BFAM Bright Horizons Family Solut | Reduce -0.9% | 0.94% | −0.06 |
| MUSA Murphy USA Inc. | Reduce -99.7% | 0.00% | −0.06 |
| FDS Factset Research Systems Inc. | Reduce -0.7% | 1.14% | −0.06 |
| CSM Proshares Large Cap Core Plu | Reduce -48.8% | 0.07% | −0.05 |
| KFRC Kforce Inc. | Reduce -1.9% | 0.22% | −0.05 |
| FOXF Fox Factory Holding Corp. | Reduce -100.0% | 0.00% | −0.05 |
| TFIN Triumph Financial Inc. | Reduce -4.8% | 0.37% | −0.05 |
| CAE Cae Inc. | Sold out | 0.00% | −0.05 |
| AAON Aaon Inc. | Reduce -6.3% | 0.29% | −0.05 |
| UNH Unitedhealth Group Inc. | Reduce -59.3% | 0.01% | −0.04 |
| GTY Getty Realty Corp. | Reduce -0.6% | 0.25% | −0.04 |
| APPF Appfolio Inc. Class A | Reduce -11.3% | 0.38% | −0.04 |
| EMN Eastman Chemical Co. | Reduce -78.5% | 0.01% | −0.04 |
| MTD Mettler-Toledo International | Reduce -25.8% | 0.10% | −0.04 |
| LKFN Lakeland Financial Corp. | Reduce -99.3% | 0.00% | −0.03 |
| NDSN Nordson Corp. | Reduce -5.9% | 1.29% | −0.03 |
| WDFC WD-40 Co. | Reduce -0.8% | 0.31% | −0.03 |
Portfolio Buys Q1 2025 → Q2 2025
| ULS Ul Solutions Inc. Class A | Add +547.7% | 1.16% | +1.02 |
| EME Emcor Group Inc. | Add +3.4% | 1.67% | +0.52 |
| WMS Advanced Drainage Systems Inc. | Add +997.3% | 0.35% | +0.32 |
| BANF Bancfirst Corp. | Add +18.1% | 0.75% | +0.17 |
| ODFL Old Dominion Freight Line | Add +78.7% | 0.38% | +0.16 |
| THO Thor Industries Inc. | Add +1.2% | 1.10% | +0.15 |
| ALGN Align Technology Inc. | Add +41.2% | 0.37% | +0.14 |
| HEI.A Heico Corp. Class A | Add +0.9% | 0.81% | +0.14 |
| HLI Houlihan Lokey Inc. | Add +2.7% | 1.29% | +0.13 |
| OS Onestream Inc. | Add +7.8% | 0.46% | +0.13 |
| MSCI MSCI Inc. | Add +48.3% | 0.38% | +0.12 |
| MPWR Monolithic Power Systems Inc. | Add +0.8% | 0.64% | +0.12 |
| NVDA Nvidia Corp. | Add +4.0% | 0.35% | +0.11 |
| TTAN Servicetitan Inc. Class A | Add +11.2% | 0.58% | +0.11 |
| USPH U.S. Physical Therapy Inc. | Add +53.8% | 0.28% | +0.11 |
| TRMB Trimble Inc. | New | 0.09% | +0.09 |
| WAB Wabtec Corp. | Add +3.5% | 0.56% | +0.08 |
| SYBT Stock Yards Bancorp Inc. | Add +20.8% | 0.29% | +0.08 |
| META Meta Platforms Inc. Class A | Add +1.8% | 0.31% | +0.07 |
| ZBRA Zebra Technologies Corp. Class A | Add +0.1% | 1.09% | +0.07 |
| FFIN First Finl Bankshares Inc. | Add +32.1% | 0.28% | +0.06 |
| PNR Pentair PLC | Add +1.6% | 0.44% | +0.06 |
| TTD Trade Desk Inc./the Class A | Add +4.0% | 0.22% | +0.05 |
| BNY Bank of New York Mellon Corp. | Add +418766.7% | 0.05% | +0.05 |
| FHB First Hawaiian Inc. | Add +6.3% | 0.83% | +0.05 |
| AVGO Broadcom Inc. | Add +0.7% | 0.11% | +0.04 |
| NCNO Ncino Inc. | Add +9.8% | 0.50% | +0.04 |
| RVLV Revolve Group Inc. Class A | Add +27.2% | 0.28% | +0.04 |
| FUL H.B. Fuller Co. | Add +4.5% | 0.34% | +0.03 |
| IWM iShares Russell 2000 ETF | Add +52.0% | 0.07% | +0.03 |
| MDT Medtronic PLC | Add +631.3% | 0.03% | +0.03 |
| CDNS Cadence Design SYS Inc. | Add +6.0% | 0.12% | +0.02 |
| TDY Teledyne Technologies Inc. | Add +0.7% | 1.80% | +0.02 |
| DHR Danaher Corp. | Add +34.3% | 0.09% | +0.02 |
| ABT Abbott Laboratories | Add +71.7% | 0.04% | +0.02 |
| CPRT Copart Inc. | Add +33.9% | 0.12% | +0.01 |
| ETN Eaton Corp. PLC | Add +0.1% | 0.06% | +0.01 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +28.5% | 0.04% | +0.01 |
| LCII Lci Industries | Add +0.6% | 0.48% | +0.01 |
| CGIE Cap Group Intl Equity | Add +2777.2% | 0.01% | +0.01 |
| LMAT Lemaitre Vascular Inc. | Add +26.0% | 0.05% | +0.01 |
| GOOGL Alphabet Inc. Class A | Add +1.7% | 0.07% | +0.01 |
| APO Apollo Global Management Inc. | Add +111583.3% | 0.01% | +0.01 |
| USFR Wisdomtree Floating Rate Tre | Add +14.8% | 0.06% | +0.01 |
| IWD iShares Russell 1000 Value E | Add +32.1% | 0.03% | +0.01 |
| PSA Public Storage | Add +897000.0% | 0.01% | +0.01 |
| EFA iShares MSCI Eafe ETF | Add +9.1% | 0.04% | +0.01 |
| PWR Quanta Services Inc. | Add +40.1% | 0.01% | +0.01 |
| IUSG iShares Core S&P U.S. Growth | Add +3.2% | 0.03% | +0.01 |
| LAMR Lamar Advertising Co. Class A | Add +1.1% | 0.11% | +0.01 |
Notes & Other Activity Q1 2025 → Q2 2025
| TRNO Terreno Realty Corp. | COM | New | 0 | $43 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
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 |