Running Oak Capital LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 4, 2025), Running Oak Capital LLC reported 55 stock positions worth $891.5 million. Its top holding was Emcor (EME) at 2.3% of the portfolio, followed by Nvent Electric (NVT, 2.2%) and Curtiss-Wright (CW, 2.2%). Compared with Q2 2025, it sold out of 1, added to 25 and reduced 30. The biggest buy was Ingersoll-Rand (IR, shares +3%) and the biggest sale Deckers Outdoor (DECK, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- EDINA, MN
- CIK
- 0001803994
- Portfolio Value
- $891.5M (Q3 2025)
- SEC Filing
- 0001803994-25-000014 ↗ filed Nov 4, 2025
Holdings Value
Holdings 55 stocks · $891.5M
| EME Emcor Group Inc. | 2.27% | 31,224 | $20.3M | Reduce -12.7% |
| NVT Nvent Electric PLC | 2.25% | 203,139 | $20.0M | Reduce -15.2% |
| CW Curtiss-Wright Corp. | 2.22% | 36,407 | $19.8M | Reduce -5.6% |
| GOOG Alphabet Inc. Class C | 2.14% | 78,270 | $19.1M | Reduce -17.5% |
| LDOS Leidos Holdings Inc. | 2.12% | 100,194 | $18.9M | Reduce -10.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 2.06% | 127,181 | $18.4M | Reduce -5.7% |
| ITT Itt Inc. | 2.04% | 101,662 | $18.2M | Reduce -8.5% |
| GD General Dynamics Corp. | 2.03% | 53,177 | $18.1M | Reduce -8.7% |
| PH Parker Hannifin Corp. | 2.01% | 23,680 | $18.0M | Reduce -7.0% |
| TDY Teledyne Technologies Inc. | 2.01% | 30,617 | $17.9M | Reduce -6.3% |
| ETN Eaton Corp. PLC | 2.01% | 47,819 | $17.9M | Reduce -6.0% |
| CACI Caci International Inc. Class A | 2.00% | 35,804 | $17.9M | Reduce -4.8% |
| J Jacobs Solutions Inc. | 1.95% | 116,274 | $17.4M | Reduce -7.3% |
| RMD Resmed Inc. | 1.95% | 63,508 | $17.4M | Reduce -3.7% |
| IQV Iqvia Holdings Inc. | 1.93% | 90,746 | $17.2M | Reduce -8.4% |
| ICLR Icon PLC | 1.93% | 98,335 | $17.2M | Reduce -8.3% |
| PRI Primerica Inc. | 1.92% | 61,547 | $17.1M | Add +0.2% |
| SSNC Ss&c Technologies Holdings | 1.91% | 192,108 | $17.1M | Reduce -3.7% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 1.90% | 54,724 | $17.0M | Add +5.5% |
| AME Ametek Inc. | 1.87% | 88,522 | $16.6M | Reduce -2.1% |
| RBA RB Global Inc. | 1.86% | 153,319 | $16.6M | Reduce -6.0% |
| INTU Intuit Inc. | 1.86% | 24,278 | $16.6M | Add +8.5% |
| STE Steris PLC | 1.85% | 66,819 | $16.5M | Reduce -1.9% |
| V Visa Inc. Class A | 1.85% | 48,419 | $16.5M | Add +1.1% |
| RSG Republic Services Inc. | 1.85% | 71,796 | $16.5M | Add +3.8% |
| ADP Automatic Data Processing | 1.84% | 55,698 | $16.4M | Add +3.1% |
| FELE Franklin Electric Co. Inc. | 1.84% | 172,216 | $16.4M | Reduce -3.4% |
| BR Broadridge Financial Solutio | 1.84% | 68,587 | $16.4M | Reduce -1.9% |
| ICE Intercontinental Exchange Inc. | 1.84% | 97,136 | $16.4M | Add +0.6% |
| TSCO Tractor Supply Company | 1.83% | 286,768 | $16.3M | Reduce -5.8% |
| IR Ingersoll-Rand Inc. | 1.83% | 196,936 | $16.3M | Add +3.3% |
| SYK Stryker Corp. | 1.81% | 43,572 | $16.1M | Add +0.6% |
| BDX Becton Dickinson and Co. | 1.80% | 85,963 | $16.1M | Reduce -5.1% |
| SAIA Saia Inc. | 1.80% | 53,633 | $16.1M | Reduce -8.4% |
| TXRH Texas Roadhouse Inc. | 1.80% | 96,346 | $16.0M | Add +6.4% |
| GGG Graco Inc. | 1.78% | 186,377 | $15.8M | Add +0.6% |
| BRO Brown & Brown Inc. | 1.76% | 167,571 | $15.7M | Add +10.2% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 1.75% | 16,417 | $15.6M | Add +3.4% |
| HON Honeywell International Inc. | 1.75% | 74,300 | $15.6M | Add +2.5% |
| WSO Watsco Inc. | 1.75% | 38,594 | $15.6M | Add +6.0% |
| FCN Fti Consulting Inc. | 1.75% | 96,363 | $15.6M | Reduce -0.6% |
| MRSH Marsh & McLennan Cos | 1.74% | 76,926 | $15.5M | Add +6.2% |
| APD Air Products & Chemicals Inc. | 1.70% | 55,486 | $15.1M | Reduce -0.7% |
| DRI Darden Restaurants Inc. | 1.70% | 79,463 | $15.1M | Add +2.1% |
| CI The Cigna Group | 1.69% | 52,349 | $15.1M | Add +3.6% |
| DOX Amdocs Ltd. | 1.69% | 183,194 | $15.1M | Add +4.6% |
| CSL Carlisle Cos Inc. | 1.69% | 45,773 | $15.1M | Add +4.1% |
| ROP Roper Technologies Inc. | 1.69% | 30,147 | $15.0M | Add +5.9% |
| ACN Accenture PLC Class A | 1.59% | 57,541 | $14.2M | Add +14.3% |
| ALC Alcon Inc. filed as ALCON AG | 1.58% | 188,614 | $14.1M | Add +6.0% |
| DECK Deckers Outdoor Corp. | 1.58% | 138,631 | $14.1M | Reduce -6.3% |
| FISV Fiserv Inc. | 1.56% | 107,862 | $13.9M | Add +15.3% |
| FDS Factset Research Systems Inc. | 1.33% | 41,335 | $11.8M | Add +14.0% |
| NSC Norfolk Southern Corp. | 0.97% | 28,657 | $8.6M | Reduce -4.1% |
| UNP Union Pacific Corp. | 0.93% | 35,028 | $8.3M | Reduce -2.6% |
Portfolio Sells Q2 2025 → Q3 2025
| DECK Deckers Outdoor Corp. | Reduce -6.3% | 1.58% | −0.12 |
| RBA RB Global Inc. | Reduce -6.0% | 1.86% | −0.06 |
| BR Broadridge Financial Solutio | Reduce -1.9% | 1.84% | −0.06 |
| APD Air Products & Chemicals Inc. | Reduce -0.7% | 1.70% | −0.06 |
| BSX Boston Scientific Corp. | Sold out | 0.00% | −0.02 |
| ETN Eaton Corp. PLC | Reduce -6.0% | 2.01% | −0.01 |
| FCN Fti Consulting Inc. | Reduce -0.6% | 1.75% | +0.01 |
| UNP Union Pacific Corp. | Reduce -2.6% | 0.93% | +0.01 |
| CACI Caci International Inc. Class A | Reduce -4.8% | 2.00% | +0.01 |
| SAIA Saia Inc. | Reduce -8.4% | 1.80% | +0.02 |
| STE Steris PLC | Reduce -1.9% | 1.85% | +0.04 |
| PH Parker Hannifin Corp. | Reduce -7.0% | 2.01% | +0.04 |
| TSCO Tractor Supply Company | Reduce -5.8% | 1.83% | +0.04 |
| AME Ametek Inc. | Reduce -2.1% | 1.87% | +0.05 |
| RMD Resmed Inc. | Reduce -3.7% | 1.95% | +0.06 |
| FELE Franklin Electric Co. Inc. | Reduce -3.4% | 1.84% | +0.06 |
| BDX Becton Dickinson and Co. | Reduce -5.1% | 1.80% | +0.07 |
| SSNC Ss&c Technologies Holdings | Reduce -3.7% | 1.91% | +0.08 |
| ITT Itt Inc. | Reduce -8.5% | 2.04% | +0.10 |
| NSC Norfolk Southern Corp. | Reduce -4.1% | 0.97% | +0.12 |
| CW Curtiss-Wright Corp. | Reduce -5.6% | 2.22% | +0.12 |
| J Jacobs Solutions Inc. | Reduce -7.3% | 1.95% | +0.12 |
| GD General Dynamics Corp. | Reduce -8.7% | 2.03% | +0.15 |
| EME Emcor Group Inc. | Reduce -12.7% | 2.27% | +0.15 |
| TDY Teledyne Technologies Inc. | Reduce -6.3% | 2.01% | +0.15 |
| LDOS Leidos Holdings Inc. | Reduce -10.6% | 2.12% | +0.16 |
| ICLR Icon PLC | Reduce -8.3% | 1.93% | +0.20 |
| IQV Iqvia Holdings Inc. | Reduce -8.4% | 1.93% | +0.20 |
| TJX TJX Companies Inc. | Reduce -5.7% | 2.06% | +0.21 |
| GOOG Alphabet Inc. Class C | Reduce -17.5% | 2.14% | +0.27 |
| NVT Nvent Electric PLC | Reduce -15.2% | 2.25% | +0.30 |
Portfolio Buys Q2 2025 → Q3 2025
| IR Ingersoll-Rand Inc. | Add +3.3% | 1.83% | +0.06 |
| AJG Arthur J Gallagher & Co. | Add +5.5% | 1.90% | +0.06 |
| PRI Primerica Inc. | Add +0.2% | 1.92% | +0.05 |
| GGG Graco Inc. | Add +0.6% | 1.78% | +0.01 |
| ADP Automatic Data Processing | Add +3.1% | 1.84% | −0.02 |
| MRSH Marsh & McLennan Cos | Add +6.2% | 1.74% | −0.02 |
| V Visa Inc. Class A | Add +1.1% | 1.85% | −0.04 |
| WSO Watsco Inc. | Add +6.0% | 1.75% | −0.04 |
| RSG Republic Services Inc. | Add +3.8% | 1.85% | −0.05 |
| ACN Accenture PLC Class A | Add +14.3% | 1.59% | −0.08 |
| GWW WW Grainger Inc. | Add +3.4% | 1.75% | −0.08 |
| DOX Amdocs Ltd. | Add +4.6% | 1.69% | −0.09 |
| SYK Stryker Corp. | Add +0.6% | 1.81% | −0.10 |
| TXRH Texas Roadhouse Inc. | Add +6.4% | 1.80% | −0.10 |
| INTU Intuit Inc. | Add +8.5% | 1.86% | −0.10 |
| ROP Roper Technologies Inc. | Add +5.9% | 1.69% | −0.11 |
| BRO Brown & Brown Inc. | Add +10.2% | 1.76% | −0.11 |
| HON Honeywell International Inc. | Add +2.5% | 1.75% | −0.12 |
| ICE Intercontinental Exchange Inc. | Add +0.6% | 1.84% | −0.13 |
| CSL Carlisle Cos Inc. | Add +4.1% | 1.69% | −0.14 |
| CI The Cigna Group | Add +3.6% | 1.69% | −0.16 |
| ALC Alcon Inc. | Add +6.0% | 1.58% | −0.17 |
| DRI Darden Restaurants Inc. | Add +2.1% | 1.70% | −0.19 |
| FISV Fiserv Inc. | Add +15.3% | 1.56% | −0.23 |
| FDS Factset Research Systems Inc. | Add +14.0% | 1.33% | −0.47 |
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 |