Running Oak Capital LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 22, 2025), Running Oak Capital LLC reported 56 stock positions worth $829.1 million. Its top holding was Brown & Brown (BRO) at 2.1% of the portfolio, followed by Darden Restaurants (DRI, 2.0%) and Arthur J Gallagher (AJG, 2.0%). Compared with Q4 2024, it opened 2 new positions, sold out of 3, added to 48 and reduced 6. The biggest buy was a new position in Intuit (INTU) and the biggest sale Boston Scientific (BSX, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- EDINA, MN
- CIK
- 0001803994
- Portfolio Value
- $829.1M (Q1 2025)
- SEC Filing
- 0001803994-25-000003 ↗ filed Apr 22, 2025
Holdings Value
Holdings 56 stocks · $829.1M
| BRO Brown & Brown Inc. | 2.11% | 140,490 | $17.5M | Add +0.5% |
| DRI Darden Restaurants Inc. | 2.03% | 81,205 | $16.9M | Reduce -2.4% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 2.03% | 48,701 | $16.8M | Reduce -0.0% |
| RSG Republic Services Inc. | 2.02% | 69,259 | $16.8M | Add +1.1% |
| BR Broadridge Financial Solutio | 1.99% | 67,855 | $16.5M | Add +5.5% |
| ICE Intercontinental Exchange Inc. | 1.99% | 95,514 | $16.5M | Add +6.0% |
| V Visa Inc. Class A | 1.98% | 46,798 | $16.4M | Reduce -1.6% |
| RBA RB Global Inc. | 1.96% | 162,155 | $16.3M | Add +0.2% |
| MRSH Marsh & McLennan Cos | 1.96% | 66,639 | $16.3M | Add +7.5% |
| FISV Fiserv Inc. | 1.96% | 73,501 | $16.2M | Reduce -6.3% |
| PRI Primerica Inc. | 1.95% | 56,850 | $16.2M | Add +6.0% |
| WSO Watsco Inc. | 1.95% | 31,815 | $16.2M | Add +11.0% |
| ADP Automatic Data Processing | 1.94% | 52,576 | $16.1M | Add +6.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.93% | 131,454 | $16.0M | Add +8.9% |
| CI The Cigna Group | 1.93% | 48,649 | $16.0M | Add +26.0% |
| ROP Roper Technologies Inc. | 1.90% | 26,760 | $15.8M | Add +7.6% |
| DOX Amdocs Ltd. | 1.90% | 171,551 | $15.8M | Add +10.7% |
| GD General Dynamics Corp. | 1.89% | 57,556 | $15.7M | Add +23.5% |
| CACI Caci International Inc. Class A | 1.89% | 42,611 | $15.6M | Add +36.8% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 1.89% | 15,823 | $15.6M | Add +16.7% |
| ALC Alcon Inc. filed as ALCON AG | 1.88% | 164,253 | $15.6M | Add +18.2% |
| LDOS Leidos Holdings Inc. | 1.88% | 115,466 | $15.6M | Add +27.4% |
| TDY Teledyne Technologies Inc. | 1.88% | 31,274 | $15.6M | Add +2.9% |
| BDX Becton Dickinson and Co. | 1.88% | 67,887 | $15.6M | Add +22.2% |
| SSNC Ss&c Technologies Holdings | 1.87% | 185,921 | $15.5M | Reduce -0.2% |
| CSL Carlisle Cos Inc. | 1.87% | 45,501 | $15.5M | Add +35.1% |
| CW Curtiss-Wright Corp. | 1.86% | 48,622 | $15.4M | Add +14.7% |
| TSCO Tractor Supply Company | 1.86% | 279,821 | $15.4M | Add +12.3% |
| FDS Factset Research Systems Inc. | 1.86% | 33,898 | $15.4M | Add +13.3% |
| SYK Stryker Corp. | 1.85% | 41,253 | $15.4M | Add +7.0% |
| PH Parker Hannifin Corp. | 1.85% | 25,263 | $15.4M | Add +7.5% |
| INTU Intuit Inc. | 1.85% | 24,926 | $15.3M | New |
| RMD Resmed Inc. | 1.83% | 67,844 | $15.2M | New |
| EME Emcor Group Inc. | 1.83% | 41,044 | $15.2M | Add +19.7% |
| HON Honeywell International Inc. | 1.82% | 71,273 | $15.1M | Add +13.9% |
| STE Steris PLC | 1.82% | 66,459 | $15.1M | Add +12.1% |
| TXRH Texas Roadhouse Inc. | 1.80% | 89,385 | $14.9M | Add +9.3% |
| ETN Eaton Corp. PLC | 1.78% | 54,285 | $14.8M | Add +23.6% |
| GGG Graco Inc. | 1.77% | 176,119 | $14.7M | Add +12.8% |
| AME Ametek Inc. | 1.77% | 85,259 | $14.7M | Add +9.8% |
| FCN Fti Consulting Inc. | 1.77% | 89,444 | $14.7M | Add +46.1% |
| J Jacobs Solutions Inc. | 1.76% | 120,957 | $14.6M | Add +17.4% |
| ITT Itt Inc. | 1.76% | 113,181 | $14.6M | Add +13.8% |
| APD Air Products & Chemicals Inc. | 1.76% | 49,478 | $14.6M | Add +9.8% |
| IQV Iqvia Holdings Inc. | 1.75% | 82,342 | $14.5M | Add +35.2% |
| ICLR Icon PLC | 1.75% | 82,958 | $14.5M | Add +52.2% |
| IR Ingersoll-Rand Inc. | 1.73% | 178,988 | $14.3M | Add +23.2% |
| NVT Nvent Electric PLC | 1.71% | 270,203 | $14.2M | Add +32.6% |
| FELE Franklin Electric Co. Inc. | 1.70% | 150,273 | $14.1M | Add +13.6% |
| GOOG Alphabet Inc. Class C | 1.69% | 89,677 | $14.0M | Add +7.5% |
| ACN Accenture PLC Class A | 1.65% | 43,770 | $13.7M | Add +12.9% |
| SAIA Saia Inc. | 1.63% | 38,760 | $13.5M | Add +28.1% |
| DECK Deckers Outdoor Corp. | 1.52% | 112,821 | $12.6M | Add +32.1% |
| UNP Union Pacific Corp. | 0.96% | 33,536 | $7.9M | Add +4.1% |
| NSC Norfolk Southern Corp. | 0.82% | 28,636 | $6.8M | Add +29.3% |
| BSX Boston Scientific Corp. | 0.03% | 2,254 | $227K | Reduce -98.7% |
Portfolio Sells Q4 2024 → Q1 2025
| BSX Boston Scientific Corp. | Reduce -98.7% | 0.03% | −1.97 |
| TTC Toro Co. | Sold out | 0.00% | −1.63 |
| AVY Avery Dennison Corp. | Sold out | 0.00% | −1.56 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −1.54 |
| FISV Fiserv Inc. | Reduce -6.3% | 1.96% | −0.14 |
| DRI Darden Restaurants Inc. | Reduce -2.4% | 2.03% | +0.01 |
| V Visa Inc. Class A | Reduce -1.6% | 1.98% | +0.02 |
| SSNC Ss&c Technologies Holdings | Reduce -0.2% | 1.87% | +0.03 |
| AJG Arthur J Gallagher & Co. | Reduce -0.0% | 2.03% | +0.22 |
Portfolio Buys Q4 2024 → Q1 2025
| INTU Intuit Inc. | New | 1.85% | +1.85 |
| RMD Resmed Inc. | New | 1.83% | +1.83 |
| CI The Cigna Group | Add +26.0% | 1.93% | +0.54 |
| ALC Alcon Inc. | Add +18.2% | 1.88% | +0.34 |
| GD General Dynamics Corp. | Add +23.5% | 1.89% | +0.29 |
| ICLR Icon PLC | Add +52.2% | 1.75% | +0.26 |
| CSL Carlisle Cos Inc. | Add +35.1% | 1.87% | +0.25 |
| BRO Brown & Brown Inc. | Add +0.5% | 2.11% | +0.25 |
| CACI Caci International Inc. Class A | Add +36.8% | 1.89% | +0.24 |
| FCN Fti Consulting Inc. | Add +46.1% | 1.77% | +0.24 |
| MRSH Marsh & McLennan Cos | Add +7.5% | 1.96% | +0.24 |
| ICE Intercontinental Exchange Inc. | Add +6.0% | 1.99% | +0.23 |
| BDX Becton Dickinson and Co. | Add +22.2% | 1.88% | +0.23 |
| RSG Republic Services Inc. | Add +1.1% | 2.02% | +0.23 |
| STE Steris PLC | Add +12.1% | 1.82% | +0.23 |
| ROP Roper Technologies Inc. | Add +7.6% | 1.90% | +0.22 |
| IQV Iqvia Holdings Inc. | Add +35.2% | 1.75% | +0.19 |
| WSO Watsco Inc. | Add +11.0% | 1.95% | +0.18 |
| DOX Amdocs Ltd. | Add +10.7% | 1.90% | +0.18 |
| LDOS Leidos Holdings Inc. | Add +27.4% | 1.88% | +0.18 |
| NSC Norfolk Southern Corp. | Add +29.3% | 0.82% | +0.14 |
| TSCO Tractor Supply Company | Add +12.3% | 1.86% | +0.13 |
| BR Broadridge Financial Solutio | Add +5.5% | 1.99% | +0.09 |
| APD Air Products & Chemicals Inc. | Add +9.8% | 1.76% | +0.06 |
| RBA RB Global Inc. | Add +0.2% | 1.96% | +0.06 |
| GGG Graco Inc. | Add +12.8% | 1.77% | +0.06 |
| PRI Primerica Inc. | Add +6.0% | 1.95% | +0.05 |
| ADP Automatic Data Processing | Add +6.1% | 1.94% | +0.05 |
| SYK Stryker Corp. | Add +7.0% | 1.85% | +0.04 |
| TDY Teledyne Technologies Inc. | Add +2.9% | 1.88% | +0.04 |
| TJX TJX Companies Inc. | Add +8.9% | 1.93% | +0.03 |
| GWW WW Grainger Inc. | Add +16.7% | 1.89% | +0.02 |
| FELE Franklin Electric Co. Inc. | Add +13.6% | 1.70% | +0.02 |
| IR Ingersoll-Rand Inc. | Add +23.2% | 1.73% | +0.01 |
| UNP Union Pacific Corp. | Add +4.1% | 0.96% | −0.00 |
| FDS Factset Research Systems Inc. | Add +13.3% | 1.86% | −0.02 |
| HON Honeywell International Inc. | Add +13.9% | 1.82% | −0.02 |
| J Jacobs Solutions Inc. | Add +17.4% | 1.76% | −0.03 |
| AME Ametek Inc. | Add +9.8% | 1.77% | −0.06 |
| ITT Itt Inc. | Add +13.8% | 1.76% | −0.09 |
| PH Parker Hannifin Corp. | Add +7.5% | 1.85% | −0.10 |
| CW Curtiss-Wright Corp. | Add +14.7% | 1.86% | −0.10 |
| NVT Nvent Electric PLC | Add +32.6% | 1.71% | −0.10 |
| ETN Eaton Corp. PLC | Add +23.6% | 1.78% | −0.12 |
| TXRH Texas Roadhouse Inc. | Add +9.3% | 1.80% | −0.12 |
| ACN Accenture PLC Class A | Add +12.9% | 1.65% | −0.13 |
| SAIA Saia Inc. | Add +28.1% | 1.63% | −0.17 |
| EME Emcor Group Inc. | Add +19.7% | 1.83% | −0.20 |
| GOOG Alphabet Inc. Class C | Add +7.5% | 1.69% | −0.38 |
| DECK Deckers Outdoor Corp. | Add +32.1% | 1.52% | −0.74 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 59 | $586.5M | NVT, GWW, RBA, ETN, CW |
| Q1 2026 | 55 | $740.6M | TJX, NVT, CW, EME, FCN |
| Q4 2025 | 56 | $798.0M | GOOG, PH, CW, TJX, NVT |
| Q3 2025 | 55 | $891.5M | EME, NVT, CW, GOOG, LDOS |
| Q2 2025 | 56 | $899.5M | EME, CW, ETN, CACI, PH |
| Q1 2025 | 56 | $829.1M | BRO, DRI, AJG, RSG, BR |
| Q4 2024 | 57 | $766.1M | DECK, FISV, GOOG, EME, DRI |
| Q3 2024 | 58 | $738.1M | EME, PH, ETN, CACI, ITT |
| Q2 2024Amended | 57 | $644.8M | GOOG, APH, TXRH, TTC, TJX |
| Q1 2024 | 57 | $623.6M | EME, TXRH, PH, APH, CSL |