River Road Asset Management, LLC

Name: River Road Asset Management, LLC 13F holdings, Q3 2025
Creator: River Road Asset Management, LLC
Published: 2025-11-12

Q2 2026Q1 2026Q4 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), River Road Asset Management, LLC reported 175 stock positions worth $8.9 billion. Its top holding was Bj's Wholesale Club (BJ) at 3.2% of the portfolio, followed by McGrath Rentcorp (MGRC, 2.7%) and Caci International Class A (CACI, 2.6%). Compared with Q2 2025, it opened 7 new positions, sold out of 13, added to 64 and reduced 104. The biggest buy was Berkshire Hathaway Class B (BRK.B, shares +102%) and the biggest sale an exit from GMS (GMS).

Most Recent 13F: Q2 2026
Location: LOUISVILLE, KY
CIK: 0001341401
Portfolio Value: $8.9B (Q3 2025)
SEC Filing: 0001341401-25-000037 ↗ filed Nov 12, 2025

Holdings Value

Holdings 175 stocks · $8.9B


BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC	3.25%	3,105,758	$289.6M	Add +50.3%
MGRC McGrath Rentcorp	2.72%	2,066,555	$242.4M	Add +4.8%
CACI Caci International Inc. Class A	2.58%	461,124	$230.0M	Add +26.2%
BRK.B Berkshire Hathaway Inc. Class B	2.25%	399,837	$201.0M	Add +102.0%
MUSA Murphy USA Inc.	2.17%	498,241	$193.4M	Add +1.3%
WTM White Mountains Insurance GP	2.05%	109,588	$183.2M	Reduce -0.3%
CRH CRH PLC	1.98%	1,475,444	$176.9M	Add +55.3%
CXW Corecivic Inc.	1.98%	8,691,132	$176.9M	Reduce -0.3%
LAD Lithia Motors Inc.	1.97%	556,049	$175.7M	Add +34.8%
WTW Willis Towers Watson PLC	1.90%	489,660	$169.2M	Add +47.7%
GXO Gxo Logistics Inc.	1.78%	3,000,590	$158.7M	Add +1.1%
AGO Assured Guaranty Ltd.	1.75%	1,843,552	$156.1M	Add +2.9%
GNW Genworth Financial Inc.	1.65%	16,558,334	$147.4M	Reduce -0.8%
GEHC GE Healthcare Technology	1.65%	1,955,250	$146.8M	Add +56.6%
NWE Northwestern Energy Group Inc.	1.51%	2,291,490	$134.3M	Reduce -0.3%
UNF Unifirst Corp.	1.48%	789,490	$132.0M	Reduce -0.5%
AXS Axis Capital Holdings Ltd.	1.47%	1,371,347	$131.4M	Reduce -14.7%
VNT Vontier Corp.	1.46%	3,092,514	$129.8M	Reduce -0.8%
WEX Wex Inc.	1.39%	788,041	$124.1M	Reduce -1.2%
MAA Mid-America Apartment Comm	1.36%	869,873	$121.5M	Add +66.5%
WCC Wesco International Inc.	1.36%	572,357	$121.1M	Reduce -5.5%
PLUS Eplus Inc.	1.29%	1,622,959	$115.2M	Reduce -0.1%
AMRZ Amrize Ltd.	1.24%	2,285,994	$110.9M	Add +176.6%
DK Delek US Holdings Inc.	1.23%	3,408,859	$110.0M	Reduce -0.5%
COO The Cooper Cos Inc.	1.20%	1,566,764	$107.4M	Add +174.0%
LH Labcorp Holdings Inc.	1.16%	359,982	$103.3M	Add +65.3%
PRKS United Parks & Resorts Inc.	1.15%	1,981,957	$102.5M	Add +6.0%
PGR Progressive Corp.	1.15%	414,138	$102.3M	Add +172.3%
SNN Smith & Nephew PLC -Spon ADR	1.13%	2,784,718	$101.1M	Reduce -12.4%
CSX CSX Corp.	1.09%	2,729,409	$96.9M	Add +74.9%
MDU Mdu Resources Group Inc.	1.06%	5,289,982	$94.2M	Add +249.6%
QSR Restaurant Brands Intern	1.05%	1,458,999	$93.6M	Add +69.0%
BN Brookfield Corp.	0.99%	1,293,145	$88.7M	Add +184.9%
PSMT Pricesmart Inc.	0.98%	724,161	$87.8M	Reduce -7.9%
SWX Southwest Gas Holdings Inc.	0.97%	1,104,198	$86.5M	Reduce -1.1%
SBUX Starbucks Corp.	0.97%	1,017,613	$86.1M	Add +63.3%
KR Kroger Co.	0.96%	1,269,614	$85.6M	Add +225.6%
CSL Carlisle Cos Inc.	0.95%	256,658	$84.4M	Add +78.9%
HAE Haemonetics Corp.	0.90%	1,654,790	$80.7M	Reduce -0.1%
TLN Talen Energy Corp.	0.88%	185,065	$78.7M	Reduce -8.8%
ICUI Icu Medical Inc.	0.88%	651,156	$78.1M	Reduce -0.1%
CNNE Cannae Holdings Inc.	0.88%	4,262,988	$78.1M	Reduce -9.7%
BDX Becton Dickinson and Co.	0.82%	390,952	$73.2M	Add +191.2%
FIS Fidelity National Info Serv	0.80%	1,083,755	$71.5M	Add +120.1%
PRSU Pursuit Attractions and Hosp	0.80%	1,962,811	$71.0M	Add +0.2%
TXNM TXNM Energy Inc.	0.79%	1,246,202	$70.5M	Reduce -3.1%
IMKTA Ingles Markets Inc. Class A	0.77%	984,296	$68.5M	Reduce -0.0%
RTO Rentokil Initial PLC-SP ADR	0.77%	2,707,132	$68.4M	Reduce -25.4%
CNH CNH Industrial NV	0.75%	6,170,837	$67.0M	Add +2.5%
AWI Armstrong World Industries	0.70%	319,581	$62.6M	Reduce -11.8%
HCC Warrior Met Coal Inc.	0.69%	968,181	$61.6M	Reduce -1.0%
EVTC Evertec Inc.	0.69%	1,816,598	$61.4M	Reduce -1.8%
PR Permian Resources Corp. Class A	0.68%	4,755,115	$60.9M	Reduce -1.2%
KKR KKR & Co. Inc.	0.68%	466,701	$60.6M	Add +78.3%
WSC Willscot Holdings Corp.	0.68%	2,867,692	$60.5M	Reduce -0.2%
HII Huntington Ingalls Industrie	0.67%	206,297	$59.4M	Reduce -1.3%
TTAM Titan America SA	0.62%	3,727,710	$55.7M	Add +2.2%
LKQ LKQ Corp.	0.62%	1,809,771	$55.3M	Reduce -1.8%
TRIP Tripadvisor Inc.	0.62%	3,392,559	$55.2M	Reduce -0.7%
MTN Vail Resorts Inc.	0.62%	368,670	$55.1M	Add +0.4%
DOLE Dole PLC	0.62%	4,091,634	$55.0M	Add +0.4%
RPC Ridgepost Capital Inc. Class A filed as P10 INC	0.62%	5,052,060	$55.0M	Reduce -0.8%
DE Deere & Co.	0.61%	118,133	$54.0M	Add +120.1%
ICLR Icon PLC	0.60%	305,553	$53.5M	Add +46.1%
LEN Lennar Corp. Class A	0.59%	418,510	$52.7M	Reduce -5.6%
SSNC Ss&c Technologies Holdings	0.59%	593,247	$52.7M	Reduce -3.3%
NOMD Nomad Foods Ltd.	0.56%	3,814,106	$50.2M	Reduce -1.7%
UFPI Ufp Industries Inc.	0.56%	536,105	$50.1M	Add +464.6%
SNX TD Synnex Corp.	0.56%	303,609	$49.7M	Reduce -42.9%
HHH Howard Hughes Holdings Inc.	0.56%	602,499	$49.5M	Reduce -0.9%
ABG Asbury Automotive Group	0.55%	200,162	$48.9M	Add +0.1%
OC Owens Corning	0.54%	337,923	$47.8M	New
LGIH Lgi Homes Inc.	0.53%	912,709	$47.2M	Add +0.9%
EMBC Embecta Corp.	0.51%	3,245,207	$45.8M	Add +0.1%
JBI Janus International Group Inc.	0.50%	4,472,928	$44.1M	Reduce -14.3%
ENOV Enovis Corp.	0.49%	1,440,988	$43.7M	Add +0.1%
SM SM Energy Co.	0.48%	1,721,765	$43.0M	Reduce -0.9%
HUBG Hub Group Inc. Class A	0.48%	1,239,020	$42.7M	Add +12.3%
CASY Casey's General Stores Inc.	0.47%	74,696	$42.2M	Add +82.7%
DINO HF Sinclair Corp.	0.45%	771,625	$40.4M	Reduce -1.3%
CNA Cna Financial Corp.	0.45%	863,821	$40.1M	Reduce -2.0%
NSP Insperity Inc.	0.42%	764,813	$37.6M	Reduce -2.0%
YELP Yelp Inc.	0.40%	1,145,862	$35.8M	Reduce -1.6%
SAIC Science Applications Inte	0.37%	332,239	$33.0M	Add +87.4%
UL Unilever PLC	0.37%	551,989	$32.7M	Reduce -1.0%
VYX NCR Voyix Corp.	0.36%	2,537,500	$31.8M	Reduce -0.3%
ALIT Alight Inc. Class A	0.33%	9,061,729	$29.5M	Reduce -11.3%
EXPD Expeditors Intl Wash Inc.	0.33%	236,733	$29.0M	Add +45.1%
AER Aercap Holdings NV	0.32%	238,732	$28.9M	Reduce -23.7%
OPLN Openlane Inc.	0.31%	970,685	$27.9M	Reduce -62.8%
BAH Booz Allen Hamilton Holdings	0.31%	272,899	$27.3M	Add +515.6%
DEO Diageo PLC-Sponsored ADR	0.28%	264,333	$25.2M	Add +4.3%
WMB Williams Cos Inc.	0.26%	371,119	$23.5M	Reduce -8.4%
RDN Radian Group Inc.	0.26%	647,684	$23.5M	Reduce -1.3%
MMS Maximus Inc.	0.25%	244,936	$22.4M	Add +0.1%
AHL Aspen Insurance Holdings Class A	0.24%	579,134	$21.3M	Add +118.8%
ATKR Atkore Inc.	0.24%	336,274	$21.1M	Reduce -57.6%
PNC PNC Financial Services Group	0.22%	99,143	$19.9M	Reduce -2.1%
FISV Fiserv Inc.	0.22%	153,642	$19.8M	Add +12.2%
KMI Kinder Morgan Inc.	0.22%	692,434	$19.6M	Reduce -17.8%
TNC Tennant Co.	0.22%	241,707	$19.6M	Add +0.6%
RPRX Royalty Pharma PLC Class A	0.21%	539,013	$19.0M	Reduce -1.0%
DAL Delta Air Lines Inc.	0.19%	293,271	$16.6M	Reduce -2.4%
COKE Coca-Cola Consolidated Inc.	0.19%	141,028	$16.5M	New
CB Chubb Ltd.	0.18%	57,244	$16.2M	Reduce -2.1%
AMT American Tower Corp.	0.18%	83,424	$16.0M	Reduce -1.4%
BXC Bluelinx Holdings Inc.	0.18%	218,860	$16.0M	Add +0.8%
TAP Molson Coors Beverage Co. Class B	0.17%	342,714	$15.5M	Reduce -69.9%
INGM Ingram Micro Holding Corp.	0.17%	712,543	$15.3M	New
OSK Oshkosh Corp.	0.17%	117,833	$15.3M	Add +46.0%
WMG Warner Music Group Corp. Class A	0.17%	447,900	$15.3M	Reduce -21.1%
CPAY Corpay Inc.	0.17%	52,070	$15.0M	Add +27.7%
PKE Park Aerospace Corp.	0.17%	728,878	$14.8M	Reduce -25.4%
FCNCA First Citizens Bcshs Class A	0.16%	8,220	$14.7M	Add +47.6%
ITRN Ituran Location and Control	0.16%	408,735	$14.6M	Reduce -0.4%
PAYC Paycom Software Inc.	0.16%	67,433	$14.0M	Add +6.6%
TPG TPG Inc.	0.15%	239,780	$13.8M	Reduce -1.9%
VRRM Verra Mobility Corp.	0.15%	551,150	$13.6M	New
APG Api Group Corp.	0.15%	391,799	$13.5M	Reduce -35.2%
PGNY Progyny Inc.	0.15%	603,912	$13.0M	Reduce -0.5%
MU Micron Technology Inc.	0.15%	77,585	$13.0M	Reduce -50.3%
ACIW Aci Worldwide Inc.	0.14%	243,773	$12.9M	Add +0.3%
SSD Simpson Manufacturing Co. Inc.	0.14%	73,650	$12.3M	Add +1478.8%
CRM Salesforce Inc.	0.14%	51,427	$12.2M	Reduce -11.5%
GPC Genuine Parts Co.	0.14%	87,641	$12.1M	Add +99.7%
ORCL Oracle Corp.	0.14%	42,930	$12.1M	Reduce -59.7%
RPAY Repay Holdings Corp.	0.14%	2,303,218	$12.0M	Reduce -4.5%
WFC Wells Fargo & Co.	0.13%	142,717	$12.0M	Add +48.4%
GEO The Geo Group Inc.	0.13%	582,010	$11.9M	Reduce -0.4%
OVV Ovintiv Inc.	0.13%	294,939	$11.9M	Reduce -1.7%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC	0.12%	121,395	$10.7M	Reduce -2.5%
CCL Carnival Corp.	0.12%	367,930	$10.6M	Reduce -2.4%
AMGN Amgen Inc.	0.12%	37,156	$10.5M	Reduce -2.1%
KMB Kimberly-Clark Corp.	0.12%	84,051	$10.5M	Reduce -2.1%
PSX Phillips 66	0.12%	75,846	$10.3M	Add +36.4%
VMI Valmont Industries	0.11%	26,045	$10.1M	Reduce -46.6%
EXPE Expedia Group Inc.	0.11%	46,310	$9.9M	Reduce -42.1%
ABBV Abbvie Inc.	0.11%	42,451	$9.8M	Reduce -2.1%
CG The Carlyle Group Inc.	0.11%	156,271	$9.8M	New
VOYA Voya Financial Inc.	0.11%	127,484	$9.5M	Reduce -27.5%
ACN Accenture PLC Class A	0.10%	36,989	$9.1M	Reduce -31.2%
MDT Medtronic PLC	0.10%	95,587	$9.1M	New
JOE The St Joe Co.	0.10%	183,603	$9.1M	Reduce -1.7%
CMCSA Comcast Corp. Class A	0.10%	285,189	$9.0M	Reduce -33.9%
BATRK Atlanta Braves Holdings in-C	0.10%	215,117	$8.9M	Reduce -1.7%
UNP Union Pacific Corp.	0.10%	37,332	$8.8M	New
ARE Alexandria Real Estate Equit	0.10%	103,826	$8.7M	Reduce -1.7%
ALG Alamo Group Inc.	0.10%	45,216	$8.6M	Reduce -1.6%
EOG EOG Resources Inc.	0.09%	74,850	$8.4M	Reduce -1.4%
AVT Avnet Inc.	0.09%	159,441	$8.3M	Reduce -2.1%
TXN Texas Instruments Inc.	0.09%	44,992	$8.3M	Add +47.3%
PEP Pepsico Inc.	0.09%	56,212	$7.9M	Reduce -2.1%
STZ Constellation Brands Inc. Class A	0.09%	57,547	$7.7M	Reduce -1.6%
CSGS CSG Systems Intl Inc.	0.08%	117,420	$7.6M	Add +18.4%
IDA Idacorp Inc.	0.08%	56,807	$7.5M	Reduce -0.2%
JNJ Johnson & Johnson	0.08%	38,551	$7.1M	Reduce -2.1%
FNF Fidelity National Financial	0.08%	115,858	$7.0M	Add +22.8%
FAF First American Financial	0.07%	102,838	$6.6M	Reduce -42.7%
EPM Evolution Petroleum Corp.	0.07%	1,294,393	$6.2M	Reduce -0.7%
PZZA Papa John's Intl Inc.	0.07%	127,270	$6.1M	Reduce -77.1%
SN Sharkninja Inc.	0.07%	58,919	$6.1M	Reduce -25.7%
DUK Duke Energy Corp.	0.07%	48,104	$6.0M	Reduce -0.2%
CSCO Cisco Systems Inc.	0.07%	85,437	$5.8M	Reduce -0.8%
GLW Corning Inc.	0.06%	64,362	$5.3M	Reduce -61.8%
EXE Expand Energy Corp.	0.06%	47,216	$5.0M	Reduce -2.1%
KELYA Kelly Services Inc. Class A	0.05%	360,956	$4.7M	Reduce -1.3%
BMY Bristol-Myers Squibb Co.	0.05%	99,408	$4.5M	Reduce -0.9%
EPD Enterprise Products Partners	0.05%	141,390	$4.4M	Reduce -0.3%
AES AES Corp.	0.05%	333,976	$4.4M	Reduce -0.2%
WSO Watsco Inc.	0.04%	8,831	$3.6M	Add +62.2%
CCI Crown Castle Inc.	0.03%	29,221	$2.8M	Reduce -2.1%
CNI Canadian Natl Railway Co.	0.01%	9,774	$922K	Reduce -14.3%
APO Apollo Global Management Inc.	0.01%	6,119	$815K	Add +79.7%
NVR NVR Inc.	0.00%	48	$386K	Reduce -14.3%
ARES Ares Management Corp. Class A	0.00%	1,981	$317K	Reduce -12.7%

Other holdings (1): bonds, preferreds, convertibles and warrants · $7.6M (not counted above)

Security	Class	Shares / Principal	Value	Change
HP ENTERPRISE CO (HPE 7.625 09/01/27)	7.625 MAND CONV	111,598	$7.6M	Add +17.1%

Total filed on the 13F, all lines: $8.9B.

Portfolio Sells Q2 2025 → Q3 2025


GMS GMS Inc.	Sold out	0.00%	−0.68
HAE Haemonetics Corp.	Reduce -0.1%	0.90%	−0.65
ATKR Atkore Inc.	Reduce -57.6%	0.24%	−0.54
TAP Molson Coors Beverage Co. Class B	Reduce -69.9%	0.17%	−0.53
LULU Lululemon Athletica Inc.	Sold out	0.00%	−0.51
OPLN Openlane Inc.	Reduce -62.8%	0.31%	−0.50
AXS Axis Capital Holdings Ltd.	Reduce -14.7%	1.47%	−0.44
WTM White Mountains Insurance GP	Reduce -0.3%	2.05%	−0.44
SNX TD Synnex Corp.	Reduce -42.9%	0.56%	−0.42
CNNE Cannae Holdings Inc.	Reduce -9.7%	0.88%	−0.41
WSC Willscot Holdings Corp.	Reduce -0.2%	0.68%	−0.39
RTO Rentokil Initial PLC-SP ADR	Reduce -25.4%	0.77%	−0.38
ALIT Alight Inc. Class A	Reduce -11.3%	0.33%	−0.36
WEX Wex Inc.	Reduce -1.2%	1.39%	−0.33
IWD iShares Russell 1000 Value E	Sold out	0.00%	−0.32
NOMD Nomad Foods Ltd.	Reduce -1.7%	0.56%	−0.27
UNF Unifirst Corp.	Reduce -0.5%	1.48%	−0.24
WCC Wesco International Inc.	Reduce -5.5%	1.36%	−0.24
CXW Corecivic Inc.	Reduce -0.3%	1.98%	−0.24
PZZA Papa John's Intl Inc.	Reduce -77.1%	0.07%	−0.23
BLCO Bausch + Lomb Corp.	Sold out	0.00%	−0.21
ORCL Oracle Corp.	Reduce -59.7%	0.14%	−0.21
ICUI Icu Medical Inc.	Reduce -0.1%	0.88%	−0.19
VNT Vontier Corp.	Reduce -0.8%	1.46%	−0.19
PR Permian Resources Corp. Class A	Reduce -1.2%	0.68%	−0.18
RPC Ridgepost Capital Inc. Class A	Reduce -0.8%	0.62%	−0.18
FERG Ferguson Enterprises Inc.	Sold out	0.00%	−0.17
NSP Insperity Inc.	Reduce -2.0%	0.42%	−0.17
AWI Armstrong World Industries	Reduce -11.8%	0.70%	−0.16
EVTC Evertec Inc.	Reduce -1.8%	0.69%	−0.16
TRIP Tripadvisor Inc.	Reduce -0.7%	0.62%	−0.14
CCOI Cogent Communications Holdin	Sold out	0.00%	−0.14
SWX Southwest Gas Holdings Inc.	Reduce -1.1%	0.97%	−0.14
TXNM TXNM Energy Inc.	Reduce -3.1%	0.79%	−0.14
SM SM Energy Co.	Reduce -0.9%	0.48%	−0.13
VMI Valmont Industries	Reduce -46.6%	0.11%	−0.11
YELP Yelp Inc.	Reduce -1.6%	0.40%	−0.11
AER Aercap Holdings NV	Reduce -23.7%	0.32%	−0.10
SNN Smith & Nephew PLC -Spon ADR	Reduce -12.4%	1.13%	−0.10
TLN Talen Energy Corp.	Reduce -8.8%	0.88%	−0.09
PSMT Pricesmart Inc.	Reduce -7.9%	0.98%	−0.09
VAL Valaris Ltd.	Sold out	0.00%	−0.09
VYX NCR Voyix Corp.	Reduce -0.3%	0.36%	−0.08
CMCSA Comcast Corp. Class A	Reduce -33.9%	0.10%	−0.08
KMI Kinder Morgan Inc.	Reduce -17.8%	0.22%	−0.08
ACN Accenture PLC Class A	Reduce -31.2%	0.10%	−0.08
UPS United Parcel Service Class B	Sold out	0.00%	−0.08
GLW Corning Inc.	Reduce -61.8%	0.06%	−0.08
SSNC Ss&c Technologies Holdings	Reduce -3.3%	0.59%	−0.08
HII Huntington Ingalls Industrie	Reduce -1.3%	0.67%	−0.07

Portfolio Buys Q2 2025 → Q3 2025


BRK.B Berkshire Hathaway Inc. Class B	Add +102.0%	2.25%	+1.07
CRH CRH PLC	Add +55.3%	1.98%	+0.83
MDU Mdu Resources Group Inc.	Add +249.6%	1.06%	+0.72
AMRZ Amrize Ltd.	Add +176.6%	1.24%	+0.71
COO The Cooper Cos Inc.	Add +174.0%	1.20%	+0.69
PGR Progressive Corp.	Add +172.3%	1.15%	+0.68
KR Kroger Co.	Add +225.6%	0.96%	+0.61
BN Brookfield Corp.	Add +184.9%	0.99%	+0.61
WTW Willis Towers Watson PLC	Add +47.7%	1.90%	+0.57
OC Owens Corning	New	0.54%	+0.54
BDX Becton Dickinson and Co.	Add +191.2%	0.82%	+0.52
GEHC GE Healthcare Technology	Add +56.6%	1.65%	+0.52
BJ Bj's Wholesale Club Holdings	Add +50.3%	3.25%	+0.47
LAD Lithia Motors Inc.	Add +34.8%	1.97%	+0.46
UFPI Ufp Industries Inc.	Add +464.6%	0.56%	+0.44
CACI Caci International Inc. Class A	Add +26.2%	2.58%	+0.44
LH Labcorp Holdings Inc.	Add +65.3%	1.16%	+0.44
MAA Mid-America Apartment Comm	Add +66.5%	1.36%	+0.42
CSX CSX Corp.	Add +74.9%	1.09%	+0.38
QSR Restaurant Brands Intern	Add +69.0%	1.05%	+0.31
FIS Fidelity National Info Serv	Add +120.1%	0.80%	+0.30
CSL Carlisle Cos Inc.	Add +78.9%	0.95%	+0.30
SBUX Starbucks Corp.	Add +63.3%	0.97%	+0.26
DE Deere & Co.	Add +120.1%	0.61%	+0.25
BAH Booz Allen Hamilton Holdings	Add +515.6%	0.31%	+0.25
CASY Casey's General Stores Inc.	Add +82.7%	0.47%	+0.20
KKR KKR & Co. Inc.	Add +78.3%	0.68%	+0.19
COKE Coca-Cola Consolidated Inc.	New	0.19%	+0.19
INGM Ingram Micro Holding Corp.	New	0.17%	+0.17
VRRM Verra Mobility Corp.	New	0.15%	+0.15
ICLR Icon PLC	Add +46.1%	0.60%	+0.15
AHL Aspen Insurance Holdings Class A	Add +118.8%	0.24%	+0.13
SSD Simpson Manufacturing Co. Inc.	Add +1478.8%	0.14%	+0.13
SAIC Science Applications Inte	Add +87.4%	0.37%	+0.12
CG The Carlyle Group Inc.	New	0.11%	+0.11
MDT Medtronic PLC	New	0.10%	+0.10
UNP Union Pacific Corp.	New	0.10%	+0.10
EMBC Embecta Corp.	Add +0.1%	0.51%	+0.10
EXPD Expeditors Intl Wash Inc.	Add +45.1%	0.33%	+0.08
GPC Genuine Parts Co.	Add +99.7%	0.14%	+0.06
PRSU Pursuit Attractions and Hosp	Add +0.2%	0.80%	+0.04
OSK Oshkosh Corp.	Add +46.0%	0.17%	+0.04
WFC Wells Fargo & Co.	Add +48.4%	0.13%	+0.04
PSX Phillips 66	Add +36.4%	0.12%	+0.03
PRKS United Parks & Resorts Inc.	Add +6.0%	1.15%	+0.02
FCNCA First Citizens Bcshs Class A	Add +47.6%	0.16%	+0.02
TXN Texas Instruments Inc.	Add +47.3%	0.09%	+0.02
MMS Maximus Inc.	Add +0.1%	0.25%	+0.02
ACIW Aci Worldwide Inc.	Add +0.3%	0.14%	+0.01
FNF Fidelity National Financial	Add +22.8%	0.08%	+0.01

Notes & Other Activity Q2 2025 → Q3 2025


HP ENTERPRISE CO (HPE 7.625 09/01/27)	7.625 MAND CONV	Add +17.1%	111,598	$7.6M

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	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