RK Asset Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 14, 2025), RK Asset Management, LLC reported 23 stock positions worth $110.0 million. Its top holding was Buckle (BKE) at 10.7% of the portfolio, followed by Newmarket (NEU, 7.6%) and Regeneron Pharmaceuticals (REGN, 6.5%). Compared with Q2 2025, it added to 7 and reduced 12. The biggest buy was Boston Beer Class A (SAM, shares +2%) and the biggest sale National Beverage (FIZZ, shares −0%).
- Most Recent 13F
- Q4 2025
- Location
- GROSSE POINTE FARMS, MI
- CIK
- 0001595686
- Portfolio Value
- $110.0M (Q3 2025)
- SEC Filing
- 0001595686-25-000012 ↗ filed Oct 14, 2025
Holdings Value
Holdings 23 stocks · $110.0M
| BKE The Buckle Inc. | 10.66% | 199,907 | $11.7M | Reduce -3.4% |
| NEU Newmarket Corp. | 7.58% | 10,038 | $8.3M | Reduce -1.3% |
| REGN Regeneron Pharmaceuticals | 6.46% | 12,646 | $7.1M | Add +0.3% |
| FIZZ National Beverage Corp. | 6.37% | 189,783 | $7.0M | Reduce -0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 6.13% | 13,400 | $6.7M | Add +0.3% |
| SEIC Sei Investments Company | 5.33% | 69,139 | $5.9M | Reduce -0.1% |
| MHK Mohawk Industries Inc. | 5.19% | 44,263 | $5.7M | Reduce -0.3% |
| KHC The Kraft Heinz Co. | 5.17% | 218,289 | $5.7M | Add +3.4% |
| DORM Dorman Products Inc. | 4.96% | 35,001 | $5.5M | No change |
| ALGT Allegiant Travel Co. | 4.78% | 86,477 | $5.3M | Reduce -0.3% |
| BF.B Brown-Forman Corp. Class B | 4.55% | 184,588 | $5.0M | Add +0.4% |
| PCTY Paylocity Holding Corp. | 4.08% | 28,155 | $4.5M | Reduce -0.6% |
| CPB The Campbell's Company | 4.00% | 139,248 | $4.4M | Add +0.3% |
| BIO Bio-Rad Laboratories-A | 3.70% | 14,502 | $4.1M | No change |
| SAM Boston Beer Company Inc. Class A | 3.65% | 19,015 | $4.0M | Add +1.6% |
| NKE Nike Inc. Class B | 3.47% | 54,712 | $3.8M | Reduce -2.6% |
| LNC Lincoln National Corp. | 3.39% | 92,570 | $3.7M | Reduce -0.6% |
| BRK.A Berkshire Hathaway Inc. Class A | 2.74% | 4 | $3.0M | No change |
| JJSF J & J Snack Foods Corp. | 2.62% | 29,948 | $2.9M | Add +0.5% |
| FAST Fastenal Co. | 2.51% | 56,281 | $2.8M | Reduce -10.3% |
| UHAL.B U-Haul Holding Co.-Non Voting | 2.45% | 52,906 | $2.7M | Reduce -0.1% |
| UHAL U-Haul Holding Co. | 0.15% | 2,849 | $163K | Reduce -0.1% |
| OPK Opko Health Inc. | 0.06% | 40,485 | $63K | No change |
Portfolio Sells Q2 2025 → Q3 2025
| FIZZ National Beverage Corp. | Reduce -0.1% | 6.37% | −1.54 |
| PCTY Paylocity Holding Corp. | Reduce -0.6% | 4.08% | −0.87 |
| SEIC Sei Investments Company | Reduce -0.1% | 5.33% | −0.66 |
| NKE Nike Inc. Class B | Reduce -2.6% | 3.47% | −0.37 |
| UHAL.B U-Haul Holding Co.-Non Voting | Reduce -0.1% | 2.45% | −0.32 |
| FAST Fastenal Co. | Reduce -10.3% | 2.51% | −0.03 |
| UHAL U-Haul Holding Co. | Reduce -0.1% | 0.15% | −0.02 |
| ALGT Allegiant Travel Co. | Reduce -0.3% | 4.78% | +0.18 |
| LNC Lincoln National Corp. | Reduce -0.6% | 3.39% | +0.29 |
| MHK Mohawk Industries Inc. | Reduce -0.3% | 5.19% | +0.71 |
| NEU Newmarket Corp. | Reduce -1.3% | 7.58% | +0.80 |
| BKE The Buckle Inc. | Reduce -3.4% | 10.66% | +1.61 |
Portfolio Buys Q2 2025 → Q3 2025
| SAM Boston Beer Company Inc. Class A | Add +1.6% | 3.65% | +0.21 |
| REGN Regeneron Pharmaceuticals | Add +0.3% | 6.46% | +0.09 |
| KHC The Kraft Heinz Co. | Add +3.4% | 5.17% | −0.08 |
| CPB The Campbell's Company | Add +0.3% | 4.00% | −0.10 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.3% | 6.13% | −0.13 |
| BF.B Brown-Forman Corp. Class B | Add +0.4% | 4.55% | −0.22 |
| JJSF J & J Snack Foods Corp. | Add +0.5% | 2.62% | −0.64 |
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 |