RK Asset Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 18, 2025), RK Asset Management, LLC reported 23 stock positions worth $103.7 million. Its top holding was Buckle (BKE) at 9.0% of the portfolio, followed by National Beverage (FIZZ, 7.9%) and Newmarket (NEU, 6.8%). Compared with Q1 2025, it added to 7 and reduced 14. The biggest buy was Brown-Forman Class B (BF.B, shares +34%) and the biggest sale Fastenal (FAST, shares −45%).
- Most Recent 13F
- Q4 2025
- Location
- GROSSE POINTE FARMS, MI
- CIK
- 0001595686
- Portfolio Value
- $103.7M (Q2 2025)
- SEC Filing
- 0001595686-25-000010 ↗ filed Jul 18, 2025
Holdings Value
Holdings 23 stocks · $103.7M
| BKE The Buckle Inc. | 9.05% | 206,982 | $9.4M | Reduce -5.1% |
| FIZZ National Beverage Corp. | 7.91% | 189,900 | $8.2M | Reduce -0.5% |
| NEU Newmarket Corp. | 6.77% | 10,167 | $7.0M | Reduce -4.4% |
| REGN Regeneron Pharmaceuticals | 6.38% | 12,602 | $6.6M | Add +0.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 6.25% | 13,363 | $6.5M | Reduce -0.1% |
| SEIC Sei Investments Company | 6.00% | 69,214 | $6.2M | Reduce -0.2% |
| KHC The Kraft Heinz Co. | 5.25% | 211,046 | $5.4M | Add +3.3% |
| PCTY Paylocity Holding Corp. | 4.95% | 28,330 | $5.1M | Reduce -5.4% |
| BF.B Brown-Forman Corp. Class B | 4.77% | 183,804 | $4.9M | Add +33.9% |
| ALGT Allegiant Travel Co. | 4.59% | 86,727 | $4.8M | Reduce -0.2% |
| MHK Mohawk Industries Inc. | 4.49% | 44,398 | $4.7M | Reduce -0.2% |
| DORM Dorman Products Inc. | 4.14% | 35,001 | $4.3M | Add +0.8% |
| CPB The Campbell's Company | 4.10% | 138,758 | $4.3M | Add +3.9% |
| NKE Nike Inc. Class B | 3.84% | 56,162 | $4.0M | Reduce -0.2% |
| SAM Boston Beer Company Inc. Class A | 3.44% | 18,720 | $3.6M | Add +0.1% |
| BIO Bio-Rad Laboratories-A | 3.37% | 14,502 | $3.5M | Add +0.8% |
| JJSF J & J Snack Foods Corp. | 3.26% | 29,804 | $3.4M | Reduce -0.3% |
| LNC Lincoln National Corp. | 3.11% | 93,092 | $3.2M | Reduce -0.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 2.81% | 4 | $2.9M | No change |
| UHAL.B U-Haul Holding Co.-Non Voting | 2.77% | 52,966 | $2.9M | Reduce -5.0% |
| FAST Fastenal Co. | 2.54% | 62,741 | $2.6M | Reduce -44.5% |
| UHAL U-Haul Holding Co. | 0.17% | 2,853 | $173K | Reduce -1.1% |
| OPK Opko Health Inc. | 0.05% | 40,485 | $53K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| FAST Fastenal Co. | Reduce -44.5% | 2.54% | −1.51 |
| JJSF J & J Snack Foods Corp. | Reduce -0.3% | 3.26% | −0.38 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.1% | 6.25% | −0.33 |
| UHAL.B U-Haul Holding Co.-Non Voting | Reduce -5.0% | 2.77% | −0.27 |
| PCTY Paylocity Holding Corp. | Reduce -5.4% | 4.95% | −0.23 |
| MHK Mohawk Industries Inc. | Reduce -0.2% | 4.49% | −0.20 |
| UHAL U-Haul Holding Co. | Reduce -1.1% | 0.17% | −0.01 |
| LNC Lincoln National Corp. | Reduce -0.3% | 3.11% | +0.01 |
| ALGT Allegiant Travel Co. | Reduce -0.2% | 4.59% | +0.45 |
| NKE Nike Inc. Class B | Reduce -0.2% | 3.84% | +0.55 |
| FIZZ National Beverage Corp. | Reduce -0.5% | 7.91% | +0.60 |
| SEIC Sei Investments Company | Reduce -0.2% | 6.00% | +1.03 |
| NEU Newmarket Corp. | Reduce -4.4% | 6.77% | +1.21 |
| BKE The Buckle Inc. | Reduce -5.1% | 9.05% | +1.33 |
Portfolio Buys Q1 2025 → Q2 2025
| BF.B Brown-Forman Corp. Class B | Add +33.9% | 4.77% | +0.47 |
| DORM Dorman Products Inc. | Add +0.8% | 4.14% | +0.27 |
| BIO Bio-Rad Laboratories-A | Add +0.8% | 3.37% | +0.14 |
| KHC The Kraft Heinz Co. | Add +3.3% | 5.25% | −0.49 |
| SAM Boston Beer Company Inc. Class A | Add +0.1% | 3.44% | −0.68 |
| CPB The Campbell's Company | Add +3.9% | 4.10% | −0.82 |
| REGN Regeneron Pharmaceuticals | Add +0.3% | 6.38% | −0.98 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q4 2025 | 23 | $106.0M | BKE, REGN, ALGT, NEU, BRK.B |
| Q3 2025 | 23 | $110.0M | BKE, NEU, REGN, FIZZ, BRK.B |
| Q2 2025 | 23 | $103.7M | BKE, FIZZ, NEU, REGN, BRK.B |
| Q1 2025 | 23 | $108.3M | BKE, REGN, FIZZ, BRK.B, KHC |
| Q4 2024 | 23 | $122.3M | BKE, ALGT, FIZZ, REGN, UHAL.B |
| Q3 2024 | 23 | $130.1M | BKE, REGN, FIZZ, MHK, UHAL.B |
| Q2 2024 | 21 | $115.8M | NWLI, FIZZ, REGN, BKE, KHC |
| Q1 2024 | 21 | $122.9M | NWLI, FIZZ, BKE, REGN, KHC |