In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Maren Capital LLC reported 24 stock positions worth $1.0 billion . Its top holding was Teledyne Technologies (TDY) at 9.9% of the portfolio, followed by RBC Bearings (RBC, 9.5% ) and Rli (RLI, 8.8% ). Compared with Q1 2024, it opened 1 new position, sold out of 1, added to 14 and reduced 3. The biggest buy was Simpson Manufacturing (SSD, shares +144% ) and the biggest sale an exit from Equity Commonwealth (EQC).
Location CHICAGO, IL
CIK 0001961415
Portfolio Value $1.0B (Q2 2024) Holdings 24 stocks · $1.0B Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2024 TDY Teledyne Technologies Inc. 264,637 $102.7M Add +4.1% RBC RBC Bearings Inc. 365,301 $98.6M Add +9.8% RLI Rli Corp. 646,789 $91.0M Add +5.7% AME Ametek Inc. 536,441 $89.4M Add +21.4% HEI.A Heico Corp. Class A 479,748 $85.2M Reduce -8.9% APH Amphenol Corp. Class A 1,264,014 $85.2M Add +0.9% LIN Linde PLC 192,227 $84.4M Add +7.7% CP Canadian Pacific Kansas City 1,021,858 $80.5M Add +7.4% IEX Idex Corp. 293,000 $59.0M Add +5.3% KNSL Kinsale Capital Group Inc. 140,588 $54.2M Add +8.8% WRB WR Berkley Corp. filed as BERKLEY W R CORP 640,055 $50.3M Add +5.7% CPRT Copart Inc. 810,384 $43.9M Add +1.7% GGG Graco Inc. 502,284 $39.8M Add +18.4% SSD Simpson Manufacturing Co. Inc. 199,296 $33.6M Add +143.6% HIFS Hingham Institution for SVGS 156,471 $28.0M Add +5.6% PGR Progressive Corp. 13,550 $2.8M No change TMO Thermo Fisher Scientific Inc. 2,964 $1.6M Reduce -12.5% ORLY O'reilly Automotive Inc. 1,540 $1.6M No change MSFT Microsoft Corp. 3,134 $1.4M Reduce -32.4% MA Mastercard Inc. Class A 2,085 $920K No change V Visa Inc. Class A 3,352 $880K No change MDY State Street SPDR S&P Midcap 964 $516K No change UGI Ugi Corp. 21,876 $501K New BRK.B Berkshire Hathaway Inc. Class B 800 $325K No change
Other holdings (2): bonds, preferreds, convertibles and warrants · $2.9M (not counted above) Total filed on the 13F, all lines: $1.0B.
Portfolio Sells Q1 2024 → Q2 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2024 % Of Portfolio Change To Portfolio ▲ EQC Equity Commonwealth Sold out 0.00% −1.49 MSFT Microsoft Corp. Reduce -32.4% 0.14% −0.05 TMO Thermo Fisher Scientific Inc. Reduce -12.5% 0.16% −0.03 HEI.A Heico Corp. Class A Reduce -8.9% 8.22% +0.39
Portfolio Buys Q1 2024 → Q2 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2024 % Of Portfolio Change To Portfolio ▼ SSD Simpson Manufacturing Co. Inc. Add +143.6% 3.24% +1.62 APH Amphenol Corp. Class A Add +0.9% 8.22% +1.24 AME Ametek Inc. Add +21.4% 8.63% +0.83 RBC RBC Bearings Inc. Add +9.8% 9.51% +0.82 HIFS Hingham Institution for SVGS Add +5.6% 2.70% +0.20 LIN Linde PLC Add +7.7% 8.14% +0.14 UGI Ugi Corp. New 0.05% +0.05 GGG Graco Inc. Add +18.4% 3.84% +0.01 RLI Rli Corp. Add +5.7% 8.78% +0.01 CPRT Copart Inc. Add +1.7% 4.24% −0.22 WRB WR Berkley Corp. Add +5.7% 4.85% −0.32 CP Canadian Pacific Kansas City Add +7.4% 7.76% −0.34 TDY Teledyne Technologies Inc. Add +4.1% 9.91% −0.63 IEX Idex Corp. Add +5.3% 5.69% −0.87 KNSL Kinsale Capital Group Inc. Add +8.8% 5.23% −1.32
Notes & Other Activity Q1 2024 → Q2 2024 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 17 $2.2B RBC, APH, TDY, AME, HEI.A Q1 2026 19 $1.9B RBC, TDY, LIN, AME, APH Q4 2025 21 $1.9B APH, RBC, TDY, AME, HEI.A Q3 2025 22 $1.8B APH, TDY, RBC, AME, HEI.A Q2 2025 25 $1.7B APH, RBC, TDY, HEI.A, AME Q1 2025 25 $1.5B TDY, RBC, AME, RLI, HEI.A Q4 2024 25 $1.3B TDY, AME, RBC, RLI, HEI.A Q3 2024 25 $1.2B TDY, RBC, AME, RLI, HEI.A Q2 2024 24 $1.0B TDY, RBC, RLI, AME, HEI.A Q1 2024 24 $1.0B TDY, RLI, RBC, CP, LIN