River Road Asset Management, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 30, 2024), River Road Asset Management, LLC reported 172 stock positions worth $7.6 billion. Its top holding was Talen Energy (TLN) at 3.6% of the portfolio, followed by Bj's Wholesale Club (BJ, 3.1%) and White Mountains Insurance GP (WTM, 2.6%). Compared with Q2 2024, it opened 11 new positions, sold out of 12, added to 61 and reduced 96. The biggest buy was a new position in Talen Energy (TLN) and the biggest sale Aci Worldwide (ACIW, shares −74%).
- Most Recent 13F
- Q2 2026
- Location
- LOUISVILLE, KY
- CIK
- 0001341401
- Portfolio Value
- $7.6B (Q3 2024)
- SEC Filing
- 0001341401-24-000034 ↗ filed Oct 30, 2024
Holdings Value
Holdings 172 stocks · $7.6B
| TLN Talen Energy Corp. | 3.63% | 1,557,749 | $277.7M | New |
| BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC | 3.10% | 2,875,078 | $237.1M | Reduce -10.9% |
| WTM White Mountains Insurance GP | 2.62% | 118,206 | $200.5M | Add +1.6% |
| MUSA Murphy USA Inc. | 2.37% | 367,391 | $181.1M | Reduce -0.1% |
| UNF Unifirst Corp. | 2.22% | 855,426 | $169.9M | Reduce -0.8% |
| WEX Wex Inc. | 1.98% | 720,465 | $151.1M | Add +5.0% |
| AXS Axis Capital Holdings Ltd. | 1.90% | 1,825,995 | $145.4M | Add +0.1% |
| LKQ LKQ Corp. | 1.88% | 3,599,277 | $143.7M | Reduce -3.4% |
| SUM Summit Materials Inc. Class A | 1.82% | 3,567,938 | $139.3M | Add +15.9% |
| MGRC McGrath Rentcorp | 1.72% | 1,247,376 | $131.3M | Add +68.2% |
| NWE Northwestern Energy Group Inc. | 1.67% | 2,235,009 | $127.9M | Add +0.7% |
| PZZA Papa John's Intl Inc. | 1.61% | 2,285,665 | $123.1M | Add +88.1% |
| TXNM TXNM Energy Inc. | 1.57% | 2,740,265 | $119.9M | Reduce -5.3% |
| GNW Genworth Financial Inc. | 1.56% | 17,391,968 | $119.1M | Add +0.8% |
| ATSG Air Transport Services Group | 1.52% | 7,170,189 | $116.1M | Add +2.9% |
| LAD Lithia Motors Inc. | 1.52% | 365,184 | $116.0M | Add +27.5% |
| CXW Corecivic Inc. | 1.42% | 8,611,640 | $108.9M | Add +0.5% |
| KR Kroger Co. | 1.42% | 1,893,043 | $108.5M | Add +10.2% |
| CNNE Cannae Holdings Inc. | 1.41% | 5,665,103 | $108.0M | Add +0.9% |
| SNX TD Synnex Corp. | 1.36% | 865,147 | $103.9M | Reduce -7.1% |
| CRH CRH PLC | 1.33% | 1,095,516 | $101.6M | Reduce -9.4% |
| TAP Molson Coors Beverage Co. Class B | 1.26% | 1,677,241 | $96.5M | Add +1.8% |
| ATKR Atkore Inc. | 1.21% | 1,094,956 | $92.8M | Reduce 0.0% |
| SWX Southwest Gas Holdings Inc. | 1.13% | 1,172,126 | $86.5M | Add +0.0% |
| OPLN Openlane Inc. | 1.11% | 5,045,087 | $85.2M | Add +15.3% |
| WTW Willis Towers Watson PLC | 1.11% | 287,650 | $84.7M | Add +7.1% |
| RPC Ridgepost Capital Inc. Class A filed as P10 INC | 1.09% | 7,799,346 | $83.5M | Add +0.4% |
| LGIH Lgi Homes Inc. | 1.08% | 695,455 | $82.4M | Add +45.9% |
| VNT Vontier Corp. | 1.04% | 2,356,558 | $79.5M | Add +21.4% |
| LULU Lululemon Athletica Inc. | 1.04% | 292,989 | $79.5M | New |
| DK Delek US Holdings Inc. | 1.01% | 4,100,268 | $76.9M | Add +1.1% |
| NOMD Nomad Foods Ltd. | 1.00% | 4,019,663 | $76.6M | Add +2.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.98% | 162,628 | $74.9M | Reduce -9.9% |
| ALIT Alight Inc. Class A | 0.97% | 9,988,254 | $73.9M | Add +3.0% |
| IMKTA Ingles Markets Inc. Class A | 0.95% | 971,026 | $72.4M | Add +7.1% |
| AGX Argan Inc. | 0.94% | 708,256 | $71.8M | Reduce -9.3% |
| SM SM Energy Co. | 0.94% | 1,792,573 | $71.6M | Add +0.7% |
| LEN Lennar Corp. Class A | 0.93% | 378,050 | $70.9M | Add +17.0% |
| PRSU Pursuit Attractions and Hosp filed as VIAD CORP | 0.91% | 1,950,097 | $69.9M | Add +3.6% |
| GXO Gxo Logistics Inc. | 0.89% | 1,308,532 | $68.1M | Add +40.4% |
| PR Permian Resources Corp. Class A | 0.89% | 5,002,382 | $68.1M | Add +0.9% |
| PRKS United Parks & Resorts Inc. | 0.87% | 1,320,966 | $66.8M | New |
| EVTC Evertec Inc. | 0.87% | 1,966,626 | $66.6M | Add +0.3% |
| LH Labcorp Holdings Inc. | 0.83% | 284,097 | $63.5M | Add +37.8% |
| IWD iShares Russell 1000 Value E | 0.82% | 332,262 | $63.1M | Add +9.6% |
| MTN Vail Resorts Inc. | 0.78% | 341,311 | $59.5M | Add +606.6% |
| AWI Armstrong World Industries | 0.78% | 452,551 | $59.5M | Reduce -39.4% |
| MAA Mid-America Apartment Comm | 0.74% | 357,934 | $56.9M | Reduce -26.2% |
| RDN Radian Group Inc. | 0.74% | 1,638,862 | $56.9M | Reduce -2.0% |
| HCC Warrior Met Coal Inc. | 0.73% | 870,357 | $55.6M | Add +22.9% |
| DNB Dun & Bradstreet Holdings Inc. | 0.73% | 4,828,843 | $55.6M | Reduce -6.0% |
| PLUS Eplus Inc. | 0.72% | 560,921 | $55.2M | Reduce -37.0% |
| ELV Elevance Health Inc. | 0.72% | 105,341 | $54.8M | Add +9.8% |
| TRIP Tripadvisor Inc. | 0.70% | 3,670,063 | $53.2M | Add +33.3% |
| AGO Assured Guaranty Ltd. | 0.69% | 666,821 | $53.0M | New |
| WSC Willscot Holdings Corp. | 0.69% | 1,409,803 | $53.0M | Add +4.7% |
| ENOV Enovis Corp. | 0.67% | 1,192,595 | $51.3M | New |
| GPN Global Payments Inc. | 0.66% | 491,331 | $50.3M | Add +158.6% |
| CNA Cna Financial Corp. | 0.65% | 1,012,492 | $49.6M | Add +0.6% |
| EMBC Embecta Corp. | 0.64% | 3,477,272 | $49.0M | Reduce -3.0% |
| WCC Wesco International Inc. | 0.64% | 291,094 | $48.9M | Reduce -20.4% |
| CNH CNH Industrial NV | 0.63% | 4,364,375 | $48.4M | Add +975.3% |
| KMI Kinder Morgan Inc. | 0.62% | 2,139,730 | $47.3M | Reduce -1.8% |
| CASY Casey's General Stores Inc. | 0.60% | 122,339 | $46.0M | Add +92.8% |
| DOLE Dole PLC | 0.60% | 2,799,435 | $45.6M | New |
| KKR KKR & Co. Inc. | 0.58% | 341,556 | $44.6M | Add +112.3% |
| RTO Rentokil Initial PLC-SP ADR | 0.58% | 1,767,144 | $44.1M | New |
| YELP Yelp Inc. | 0.57% | 1,251,108 | $43.9M | Reduce -7.7% |
| PDCO Patterson Cos Inc. | 0.57% | 1,988,217 | $43.4M | Add +3.6% |
| CMCSA Comcast Corp. Class A | 0.55% | 1,013,912 | $42.4M | Reduce -0.2% |
| ACIW Aci Worldwide Inc. | 0.55% | 826,514 | $42.1M | Reduce -73.5% |
| VST Vistra Corp. | 0.55% | 354,309 | $42.0M | Reduce -39.0% |
| BLCO Bausch + Lomb Corp. | 0.51% | 2,020,414 | $39.0M | Add +4.5% |
| SNN Smith & Nephew PLC -Spon ADR | 0.50% | 1,239,187 | $38.6M | New |
| TRS Trimas Corp. | 0.49% | 1,455,204 | $37.2M | Reduce -1.1% |
| GEO The Geo Group Inc. | 0.48% | 2,845,180 | $36.6M | No change |
| UL Unilever PLC | 0.47% | 548,011 | $35.6M | Reduce -14.5% |
| VYX NCR Voyix Corp. | 0.45% | 2,561,892 | $34.8M | Reduce -24.6% |
| PII Polaris Inc. | 0.45% | 416,520 | $34.7M | Reduce -23.4% |
| ORCL Oracle Corp. | 0.45% | 201,753 | $34.4M | Reduce -14.2% |
| DINO HF Sinclair Corp. | 0.45% | 769,847 | $34.3M | Add +3.4% |
| GOOG Alphabet Inc. Class C | 0.45% | 204,856 | $34.2M | Add +116.5% |
| CLVT Clarivate PLC | 0.45% | 4,794,995 | $34.0M | Reduce -18.4% |
| SBUX Starbucks Corp. | 0.37% | 291,871 | $28.5M | Reduce -2.2% |
| PGR Progressive Corp. | 0.37% | 110,439 | $28.0M | Reduce -41.0% |
| WMB Williams Cos Inc. | 0.36% | 601,504 | $27.5M | Reduce -4.3% |
| SU Suncor Energy Inc. | 0.36% | 743,421 | $27.4M | Add +89.0% |
| EXPE Expedia Group Inc. | 0.35% | 180,334 | $26.7M | Reduce -11.9% |
| AAP Advance Auto Parts Inc. | 0.34% | 668,801 | $26.1M | Reduce -9.7% |
| GPC Genuine Parts Co. | 0.33% | 182,206 | $25.5M | Add +3.0% |
| UNH Unitedhealth Group Inc. | 0.32% | 41,665 | $24.4M | Reduce -56.8% |
| GLW Corning Inc. | 0.31% | 527,899 | $23.8M | Reduce -49.0% |
| GEHC GE Healthcare Technology | 0.31% | 253,732 | $23.8M | Reduce -46.3% |
| PNC PNC Financial Services Group | 0.31% | 128,764 | $23.8M | Reduce -4.1% |
| CSL Carlisle Cos Inc. | 0.29% | 49,608 | $22.3M | Reduce -5.8% |
| AMT American Tower Corp. | 0.28% | 93,147 | $21.7M | Add +6.6% |
| CCOI Cogent Communications Holdin | 0.28% | 284,662 | $21.6M | Reduce -4.0% |
| AES AES Corp. | 0.27% | 1,011,268 | $20.3M | Reduce -4.3% |
| NAPA The Duckhorn Portfolio Inc. | 0.25% | 3,312,046 | $19.2M | Add +6.1% |
| MGM MGM Resorts International | 0.24% | 478,294 | $18.7M | Reduce -3.9% |
Portfolio Sells Q2 2024 → Q3 2024
| ACIW Aci Worldwide Inc. | Reduce -73.5% | 0.55% | −1.22 |
| BJ Bj's Wholesale Club Holdings | Reduce -10.9% | 3.10% | −0.97 |
| ATKR Atkore Inc. | Reduce 0.0% | 1.21% | −0.91 |
| NMIH Nmi Holdings Inc. | Reduce -88.8% | 0.09% | −0.67 |
| ULTA Ulta Beauty Inc. | Reduce -86.1% | 0.08% | −0.58 |
| MDU Mdu Resources Group Inc. | Reduce -74.9% | 0.17% | −0.52 |
| NVST Envista Holdings Corp. | Reduce -86.6% | 0.07% | −0.44 |
| NMRK Newmark Group Inc. Class A | Sold out | 0.00% | −0.44 |
| AWI Armstrong World Industries | Reduce -39.4% | 0.78% | −0.44 |
| FSK FS KKR Capital Corp. | Reduce -85.1% | 0.06% | −0.41 |
| UNH Unitedhealth Group Inc. | Reduce -56.8% | 0.32% | −0.39 |
| ARW Arrow Electronics Inc. | Sold out | 0.00% | −0.37 |
| IDA Idacorp Inc. | Reduce -61.2% | 0.22% | −0.35 |
| LKQ LKQ Corp. | Reduce -3.4% | 1.88% | −0.34 |
| AAP Advance Auto Parts Inc. | Reduce -9.7% | 0.34% | −0.33 |
| KDP Keurig Dr Pepper Inc. | Sold out | 0.00% | −0.32 |
| VAL Valaris Ltd. | Reduce -63.3% | 0.11% | −0.32 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.30 |
| WKC World Kinect Corp. | Reduce -72.7% | 0.12% | −0.28 |
| GLW Corning Inc. | Reduce -49.0% | 0.31% | −0.27 |
| MAA Mid-America Apartment Comm | Reduce -26.2% | 0.74% | −0.25 |
| BRC Brady Corporation Class A | Reduce -64.0% | 0.14% | −0.22 |
| PLUS Eplus Inc. | Reduce -37.0% | 0.72% | −0.22 |
| GEHC GE Healthcare Technology | Reduce -46.3% | 0.31% | −0.22 |
| MSM MSC Industrial Direct Co. Class A | Reduce -55.2% | 0.17% | −0.22 |
| UPS United Parcel Service Class B | Reduce -41.4% | 0.23% | −0.20 |
| EOG EOG Resources Inc. | Reduce -60.1% | 0.11% | −0.20 |
| PGR Progressive Corp. | Reduce -41.0% | 0.37% | −0.19 |
| WCC Wesco International Inc. | Reduce -20.4% | 0.64% | −0.19 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −0.19 |
| SNX TD Synnex Corp. | Reduce -7.1% | 1.36% | −0.18 |
| VST Vistra Corp. | Reduce -39.0% | 0.55% | −0.17 |
| PII Polaris Inc. | Reduce -23.4% | 0.45% | −0.16 |
| VYX NCR Voyix Corp. | Reduce -24.6% | 0.45% | −0.15 |
| YELP Yelp Inc. | Reduce -7.7% | 0.57% | −0.14 |
| MUSA Murphy USA Inc. | Reduce -0.1% | 2.37% | −0.11 |
| NVR NVR Inc. | Sold out | 0.00% | −0.09 |
| CHH Choice Hotels Intl Inc. | Sold out | 0.00% | −0.09 |
| NATL NCR Atleos Corp. | Sold out | 0.00% | −0.09 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -9.9% | 0.98% | −0.07 |
| MGM MGM Resorts International | Reduce -3.9% | 0.24% | −0.07 |
| ETR Entergy Corp. | Sold out | 0.00% | −0.07 |
| ARCH Arch Resources Inc. | Sold out | 0.00% | −0.06 |
| DNOW Dnow Inc. | Reduce -30.7% | 0.09% | −0.06 |
| TXN Texas Instruments Inc. | Reduce -30.1% | 0.13% | −0.06 |
| DG Dollar General Corp. | Sold out | 0.00% | −0.06 |
| OVV Ovintiv Inc. | Reduce -0.4% | 0.16% | −0.06 |
| TRS Trimas Corp. | Reduce -1.1% | 0.49% | −0.05 |
| VMI Valmont Industries | Reduce -53.4% | 0.04% | −0.05 |
| ABG Asbury Automotive Group | Reduce -19.0% | 0.17% | −0.05 |
Portfolio Buys Q2 2024 → Q3 2024
| TLN Talen Energy Corp. | New | 3.63% | +3.63 |
| LULU Lululemon Athletica Inc. | New | 1.04% | +1.04 |
| PRKS United Parks & Resorts Inc. | New | 0.87% | +0.87 |
| PZZA Papa John's Intl Inc. | Add +88.1% | 1.61% | +0.79 |
| AGO Assured Guaranty Ltd. | New | 0.69% | +0.69 |
| ENOV Enovis Corp. | New | 0.67% | +0.67 |
| MTN Vail Resorts Inc. | Add +606.6% | 0.78% | +0.65 |
| DOLE Dole PLC | New | 0.60% | +0.60 |
| MGRC McGrath Rentcorp | Add +68.2% | 1.72% | +0.58 |
| RTO Rentokil Initial PLC-SP ADR | New | 0.58% | +0.58 |
| CNH CNH Industrial NV | Add +975.3% | 0.63% | +0.57 |
| SNN Smith & Nephew PLC -Spon ADR | New | 0.50% | +0.50 |
| LAD Lithia Motors Inc. | Add +27.5% | 1.52% | +0.48 |
| LGIH Lgi Homes Inc. | Add +45.9% | 1.08% | +0.47 |
| GPN Global Payments Inc. | Add +158.6% | 0.66% | +0.39 |
| KKR KKR & Co. Inc. | Add +112.3% | 0.58% | +0.34 |
| CASY Casey's General Stores Inc. | Add +92.8% | 0.60% | +0.25 |
| LEN Lennar Corp. Class A | Add +17.0% | 0.93% | +0.23 |
| WEX Wex Inc. | Add +5.0% | 1.98% | +0.23 |
| LH Labcorp Holdings Inc. | Add +37.8% | 0.83% | +0.23 |
| GXO Gxo Logistics Inc. | Add +40.4% | 0.89% | +0.22 |
| SUM Summit Materials Inc. Class A | Add +15.9% | 1.82% | +0.20 |
| GOOG Alphabet Inc. Class C | Add +116.5% | 0.45% | +0.20 |
| KR Kroger Co. | Add +10.2% | 1.42% | +0.19 |
| RPC Ridgepost Capital Inc. Class A | Add +0.4% | 1.09% | +0.15 |
| SU Suncor Energy Inc. | Add +89.0% | 0.36% | +0.14 |
| ATSG Air Transport Services Group | Add +2.9% | 1.52% | +0.13 |
| JBI Janus International Group Inc. | New | 0.11% | +0.11 |
| BLCO Bausch + Lomb Corp. | Add +4.5% | 0.51% | +0.11 |
| WTW Willis Towers Watson PLC | Add +7.1% | 1.11% | +0.10 |
| HCC Warrior Met Coal Inc. | Add +22.9% | 0.73% | +0.09 |
| WMG Warner Music Group Corp. Class A | New | 0.08% | +0.08 |
| NOMD Nomad Foods Ltd. | Add +2.9% | 1.00% | +0.08 |
| NWE Northwestern Energy Group Inc. | Add +0.7% | 1.67% | +0.08 |
| OPLN Openlane Inc. | Add +15.3% | 1.11% | +0.07 |
| IWD iShares Russell 1000 Value E | Add +9.6% | 0.82% | +0.07 |
| GNW Genworth Financial Inc. | Add +0.8% | 1.56% | +0.06 |
| TAP Molson Coors Beverage Co. Class B | Add +1.8% | 1.26% | +0.06 |
| IMKTA Ingles Markets Inc. Class A | Add +7.1% | 0.95% | +0.05 |
| AXS Axis Capital Holdings Ltd. | Add +0.1% | 1.90% | +0.05 |
| RPAY Repay Holdings Corp. | Add +89.9% | 0.20% | +0.05 |
| AER Aercap Holdings NV | New | 0.05% | +0.05 |
| CRM Salesforce Inc. | Add +91.0% | 0.10% | +0.05 |
| HHH Howard Hughes Holdings Inc. | Add +66.0% | 0.09% | +0.04 |
| AMT American Tower Corp. | Add +6.6% | 0.28% | +0.04 |
| BAM Brookfield Asset Mgmt-A | Add +23.5% | 0.11% | +0.03 |
| APO Apollo Global Management Inc. | Add +32.3% | 0.10% | +0.02 |
| DAL Delta Air Lines Inc. | Add +22.8% | 0.09% | +0.01 |
| APG Api Group Corp. | Add +42.9% | 0.11% | +0.01 |
| RPRX Royalty Pharma PLC Class A | Add +9.8% | 0.17% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 173 | $9.0B | BJ, MGRC, WTM, CXW, BRK.B |
| Q1 2026 | 174 | $8.8B | BJ, WTM, MGRC, BRK.B, MUSA |
| Q4 2025 | 174 | $9.1B | BJ, WTM, LAD, BRK.B, MGRC |
| Q3 2025 | 175 | $8.9B | BJ, MGRC, CACI, BRK.B, MUSA |
| Q2 2025 | 181 | $7.9B | MGRC, BJ, WTM, MUSA, CXW |
| Q1 2025 | 180 | $7.4B | BJ, WTM, MGRC, MUSA, CXW |
| Q4 2024 | 171 | $7.5B | BJ, WTM, MGRC, TLN, CXW |
| Q3 2024 | 172 | $7.6B | TLN, BJ, WTM, MUSA, UNF |
| Q2 2024 | 173 | $7.0B | BJ, WTM, MUSA, LKQ, UNF |
| Q1 2024 | 165 | $7.4B | BJ, LKQ, ATKR, WTM, WEX |