In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Maren Capital LLC reported 25 stock positions worth $1.3 billion . Its top holding was Teledyne Technologies (TDY) at 10.1% of the portfolio, followed by Ametek (AME, 9.5% ) and RBC Bearings (RBC, 9.2% ). Compared with Q3 2024, it opened 1 new position, sold out of 1, added to 15 and reduced 3. The biggest buy was a new position in Arch Capital (ACGL) and the biggest sale Idex (IEX, shares −16% ).
Location CHICAGO, IL
CIK 0001961415
Portfolio Value $1.3B (Q4 2024) Holdings 25 stocks · $1.3B 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 Q3 2024 TDY Teledyne Technologies Inc. 284,564 $132.1M Add +3.4% AME Ametek Inc. 686,632 $123.8M Add +7.5% RBC RBC Bearings Inc. 403,803 $120.8M Add +6.5% RLI Rli Corp. 700,603 $115.5M Add +3.8% HEI.A Heico Corp. Class A 525,167 $97.7M Add +9.3% APH Amphenol Corp. Class A 1,402,468 $97.4M Add +2.1% LIN Linde PLC 221,326 $92.7M Add +13.3% CP Canadian Pacific Kansas City 1,199,414 $86.8M Add +12.0% KNSL Kinsale Capital Group Inc. 150,900 $70.2M Add +6.8% CPRT Copart Inc. 1,062,914 $61.0M Add +6.4% WRB WR Berkley Corp. filed as BERKLEY W R CORP 1,005,195 $58.8M Add +3.3% IEX Idex Corp. 248,116 $51.9M Reduce -15.8% GGG Graco Inc. 594,713 $50.1M Add +8.9% SSD Simpson Manufacturing Co. Inc. 287,652 $47.7M Add +19.1% HIFS Hingham Institution for SVGS 167,730 $42.6M Add +3.0% ACGL Arch Capital Group Ltd. 364,805 $33.7M New WSC Willscot Holdings Corp. 462,674 $15.5M Add +74.7% PGR Progressive Corp. 13,450 $3.2M Reduce -0.7% ORLY O'reilly Automotive Inc. 1,540 $1.8M No change TMO Thermo Fisher Scientific Inc. 2,964 $1.5M No change MA Mastercard Inc. Class A 2,085 $1.1M No change V Visa Inc. Class A 3,352 $1.1M No change MSFT Microsoft Corp. 2,434 $1.0M Reduce -7.6% MDY State Street SPDR S&P Midcap 964 $549K No change BRK.B Berkshire Hathaway Inc. Class B 700 $317K No change
Portfolio Sells Q3 2024 → Q4 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 Q3 2024 % Of Portfolio Change To Portfolio ▲ IEX Idex Corp. Reduce -15.8% 3.97% −1.25 UGI Ugi Corp. Sold out 0.00% −0.05 PGR Progressive Corp. Reduce -0.7% 0.25% −0.04 MSFT Microsoft Corp. Reduce -7.6% 0.08% −0.02
Portfolio Buys Q3 2024 → Q4 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 Q3 2024 % Of Portfolio Change To Portfolio ▼ ACGL Arch Capital Group Ltd. New 2.57% +2.57 AME Ametek Inc. Add +7.5% 9.46% +0.41 WSC Willscot Holdings Corp. Add +74.7% 1.18% +0.36 CPRT Copart Inc. Add +6.4% 4.66% +0.34 RLI Rli Corp. Add +3.8% 8.82% +0.19 TDY Teledyne Technologies Inc. Add +3.4% 10.09% +0.15 APH Amphenol Corp. Class A Add +2.1% 7.44% +0.06 HIFS Hingham Institution for SVGS Add +3.0% 3.26% −0.01 WRB WR Berkley Corp. Add +3.3% 4.49% −0.06 KNSL Kinsale Capital Group Inc. Add +6.8% 5.36% −0.06 GGG Graco Inc. Add +8.9% 3.83% −0.11 RBC RBC Bearings Inc. Add +6.5% 9.23% −0.14 SSD Simpson Manufacturing Co. Inc. Add +19.1% 3.64% −0.17 LIN Linde PLC Add +13.3% 7.08% −0.61 HEI.A Heico Corp. Class A Add +9.3% 7.47% −0.61 CP Canadian Pacific Kansas City Add +12.0% 6.63% −0.92
Notes & Other Activity Q3 2024 → Q4 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