Maren Capital LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Maren Capital LLC reported 25 stock positions worth $1.2 billion. Its top holding was Teledyne Technologies (TDY) at 9.9% of the portfolio, followed by RBC Bearings (RBC, 9.4%) and Ametek (AME, 9.0%). Compared with Q2 2024, it opened 1 new position, added to 15 and reduced 2. The biggest buy was a new position in Willscot (WSC) and the biggest sale Microsoft (MSFT, shares −16%).

Most Recent 13F
Q2 2026
Location
CHICAGO, IL
CIK
0001961415
Portfolio Value
$1.2B (Q3 2024)
SEC Filing
0001941040-24-000519 ↗ filed Nov 14, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $1.0B Q1 2024 Q2 2024: $1.0B Q2 2024 Q3 2024: $1.2B $1.2B Q3 2024 Q4 2024: $1.3B Q4 2024 Q1 2025: $1.5B Q1 2025 Q2 2025: $1.7B Q2 2025 Q3 2025: $1.8B Q3 2025 Q4 2025: $1.9B Q4 2025 Q1 2026: $1.9B Q1 2026 Q2 2026: $2.2B Q2 2026

Holdings 25 stocks · $1.2B
TDY Teledyne Technologies Inc. 9.94% 275,235 $120.5M Add +4.0%
RBC RBC Bearings Inc. 9.36% 379,113 $113.5M Add +3.8%
AME Ametek Inc. 9.05% 638,462 $109.6M Add +19.0%
RLI Rli Corp. 8.63% 674,729 $104.6M Add +4.3%
HEI.A Heico Corp. Class A 8.08% 480,424 $97.9M Add +0.1%
LIN Linde PLC 7.69% 195,376 $93.2M Add +1.6%
CP Canadian Pacific Kansas City 7.56% 1,070,498 $91.6M Add +4.8%
APH Amphenol Corp. Class A 7.38% 1,373,472 $89.5M Add +8.7%
KNSL Kinsale Capital Group Inc. 5.43% 141,231 $65.8M Add +0.5%
IEX Idex Corp. 5.22% 294,752 $63.2M Add +0.6%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 4.56% 973,187 $55.2M Add +1.4%
CPRT Copart Inc. 4.32% 999,001 $52.3M Add +23.3%
GGG Graco Inc. 3.94% 546,269 $47.8M Add +8.8%
SSD Simpson Manufacturing Co. Inc. 3.81% 241,523 $46.2M Add +21.2%
HIFS Hingham Institution for SVGS 3.27% 162,887 $39.6M Add +4.1%
WSC Willscot Holdings Corp. 0.82% 264,831 $10.0M New
PGR Progressive Corp. 0.28% 13,550 $3.4M No change
TMO Thermo Fisher Scientific Inc. 0.15% 2,964 $1.8M No change
ORLY O'reilly Automotive Inc. 0.15% 1,540 $1.8M No change
MSFT Microsoft Corp. 0.09% 2,634 $1.1M Reduce -15.9%
MA Mastercard Inc. Class A 0.09% 2,085 $1.0M No change
V Visa Inc. Class A 0.08% 3,352 $922K No change
MDY State Street SPDR S&P Midcap 0.05% 964 $549K No change
UGI Ugi Corp. 0.05% 21,876 $547K No change
BRK.B Berkshire Hathaway Inc. Class B 0.03% 700 $322K Reduce -12.5%
Other holdings (2): bonds, preferreds, convertibles and warrants · $3.1M (not counted above)
SecurityClassShares / PrincipalValueChange
EQUITY COMMONWEALTH (EQC 6.5 PERP D) 6.5% CNV PFD D 95,507$2.4MAdd +3.6%
RBC BEARINGS INC (RBC 5 10/15/24 A) 5% CNV PFD SR A 5,240$695KNo change

Total filed on the 13F, all lines: $1.2B.

Portfolio Sells Q2 2024 → Q3 2024
MSFT Microsoft Corp. Reduce -15.9% 0.09% −0.04
BRK.B Berkshire Hathaway Inc. Class B Reduce -12.5% 0.03% −0.00

Portfolio Buys Q2 2024 → Q3 2024
WSC Willscot Holdings Corp. New 0.82% +0.82
SSD Simpson Manufacturing Co. Inc. Add +21.2% 3.81% +0.57
HIFS Hingham Institution for SVGS Add +4.1% 3.27% +0.57
AME Ametek Inc. Add +19.0% 9.05% +0.41
KNSL Kinsale Capital Group Inc. Add +0.5% 5.43% +0.20
GGG Graco Inc. Add +8.8% 3.94% +0.10
CPRT Copart Inc. Add +23.3% 4.32% +0.08
TDY Teledyne Technologies Inc. Add +4.0% 9.94% +0.03
HEI.A Heico Corp. Class A Add +0.1% 8.08% −0.14
RBC RBC Bearings Inc. Add +3.8% 9.36% −0.15
RLI Rli Corp. Add +4.3% 8.63% −0.15
CP Canadian Pacific Kansas City Add +4.8% 7.56% −0.21
WRB WR Berkley Corp. Add +1.4% 4.56% −0.30
LIN Linde PLC Add +1.6% 7.69% −0.45
IEX Idex Corp. Add +0.6% 5.22% −0.47
APH Amphenol Corp. Class A Add +8.7% 7.38% −0.83

Notes & Other Activity Q2 2024 → Q3 2024
EQUITY COMMONWEALTH (EQC 6.5 PERP D) 6.5% CNV PFD D Add +3.6% 95,507 $2.4M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 17$2.2BRBC, APH, TDY, AME, HEI.A
Q1 2026 19$1.9BRBC, TDY, LIN, AME, APH
Q4 2025 21$1.9BAPH, RBC, TDY, AME, HEI.A
Q3 2025 22$1.8BAPH, TDY, RBC, AME, HEI.A
Q2 2025 25$1.7BAPH, RBC, TDY, HEI.A, AME
Q1 2025 25$1.5BTDY, RBC, AME, RLI, HEI.A
Q4 2024 25$1.3BTDY, AME, RBC, RLI, HEI.A
Q3 2024 25$1.2BTDY, RBC, AME, RLI, HEI.A
Q2 2024 24$1.0BTDY, RBC, RLI, AME, HEI.A
Q1 2024 24$1.0BTDY, RLI, RBC, CP, LIN