Stone Run Capital, LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Stone Run Capital, LLC reported 68 stock positions worth $254.5 million. Its top holding was S&P Global (SPGI) at 4.1% of the portfolio, followed by Lennox International (LII, 3.9%) and Autodesk (ADSK, 3.9%). Compared with Q3 2024, it sold out of 2, added to 13 and reduced 35. The biggest buy was Entegris (ENTG, shares +1552%) and the biggest sale Adobe (ADBE, shares −37%).

Most Recent 13F
Q3 2025
Location
NEW YORK, NY
CIK
0001512746
Portfolio Value
$254.5M (Q4 2024)
SEC Filing
0001420506-25-000527 ↗ filed Feb 14, 2025

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $261.7M Q1 2024 Q2 2024: $250.4M Q2 2024 Q3 2024: $268.6M Q3 2024 Q4 2024: $254.5M $254.5M Q4 2024 Q1 2025: $237.3M Q1 2025 Q2 2025: $250.1M Q2 2025 Q3 2025: $253.9M Q3 2025

Holdings 68 stocks · $254.5M
SPGI S&P Global Inc. 4.06% 20,767 $10.3M Reduce -2.6%
LII Lennox International Inc. 3.94% 16,440 $10.0M Reduce -3.6%
ADSK Autodesk Inc. 3.91% 33,625 $9.9M Reduce -0.1%
BRK.B Berkshire Hathaway Inc. Class B 3.77% 21,175 $9.6M Reduce -4.0%
HEI Heico Corp. 3.59% 38,481 $9.1M Reduce -9.8%
IT Gartner Inc. 3.58% 18,792 $9.1M Reduce -0.1%
ROP Roper Technologies Inc. 3.37% 16,503 $8.6M Reduce -2.4%
MLM Martin Marietta Materials 3.20% 15,763 $8.1M Reduce -3.0%
ANET Arista Networks Inc. 3.14% 72,200 $8.0M Reduce -2.4%
STE Steris PLC 3.13% 38,805 $8.0M Add +39.2%
LIN Linde PLC 3.12% 18,965 $7.9M Reduce -0.3%
EMR Emerson Electric Co. 2.93% 60,082 $7.4M Reduce -2.2%
APH Amphenol Corp. Class A 2.67% 98,020 $6.8M Reduce -7.3%
WTS Watts Water Technologies-A 2.66% 33,300 $6.8M Reduce -0.9%
TMO Thermo Fisher Scientific Inc. 2.61% 12,762 $6.6M Reduce -4.3%
BDX Becton Dickinson and Co. 2.60% 29,151 $6.6M Reduce -13.0%
FISV Fiserv Inc. 2.51% 31,100 $6.4M Reduce -2.6%
SHW The Sherwin-Williams Co. 2.47% 18,500 $6.3M Reduce -0.0%
DHR Danaher Corp. 2.46% 27,288 $6.3M Reduce -3.5%
WAB Wabtec Corp. 2.39% 32,145 $6.1M Add +7.0%
PAYX Paychex Inc. 2.34% 42,514 $6.0M Reduce -14.8%
EW Edwards Lifesciences Corp. 2.24% 76,850 $5.7M Reduce -7.6%
ANSS Ansys Inc. 2.15% 16,190 $5.5M No change
TECH Bio-Techne Corp. 2.13% 75,240 $5.4M Reduce -2.0%
ECL Ecolab Inc. 2.00% 21,710 $5.1M Reduce -0.2%
MIDD Middleby Corp. 1.95% 36,712 $5.0M Reduce -22.3%
MKC McCormick & Co.-Non VTG SHRS 1.93% 64,400 $4.9M Reduce -0.5%
RVTY Revvity Inc. 1.89% 43,158 $4.8M Add +0.3%
XYL Xylem Inc. 1.57% 34,445 $4.0M Reduce -0.1%
VLTO Veralto Corp. 1.46% 36,358 $3.7M Add +46.6%
TRMB Trimble Inc. 1.44% 51,816 $3.7M Add +1.2%
NDSN Nordson Corp. 1.39% 16,899 $3.5M Add +3.6%
ENTG Entegris Inc. 1.38% 35,512 $3.5M Add +1551.7%
GEV GE Vernova Inc. 1.25% 9,645 $3.2M Reduce -33.8%
EPAM Epam Systems Inc. 1.18% 12,800 $3.0M Reduce -11.1%
ADBE Adobe Inc. 1.17% 6,700 $3.0M Reduce -36.9%
FTV Fortive Corp. 0.92% 31,075 $2.3M Reduce -20.6%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.90% 26,996 $2.3M Reduce -28.8%
PANW Palo Alto Networks Inc. 0.80% 11,200 $2.0M Reduce -0.4%
TER Teradyne Inc. 0.72% 14,525 $1.8M Add +41.0%
AAPL Apple Inc. 0.69% 6,980 $1.7M Reduce -1.4%
FTNT Fortinet Inc. 0.68% 18,300 $1.7M Add +34.6%
PTC PTC Inc. 0.66% 9,180 $1.7M Reduce -3.2%
GLW Corning Inc. 0.64% 34,009 $1.6M Add +0.0%
BIP Brookfield Infrastructure Pa 0.61% 48,899 $1.6M Add +0.0%
AXGN Axogen Inc. 0.52% 80,500 $1.3M Add +9.5%
ISRG Intuitive Surgical Inc. 0.51% 2,500 $1.3M No change
ABBV Abbvie Inc. 0.29% 4,100 $729K No change
SNPS Synopsys Inc. 0.26% 1,375 $667K Reduce -46.2%
MMM 3M Co. 0.21% 4,189 $541K No change
ITW Illinois Tool Works 0.20% 2,053 $521K No change
OKE Oneok Inc. 0.19% 4,754 $477K No change
RTX RTX Corp. 0.16% 3,573 $413K No change
ABT Abbott Laboratories 0.15% 3,300 $373K No change
MCD McDonald's Corp. 0.14% 1,260 $365K No change
CNI Canadian Natl Railway Co. 0.13% 3,284 $333K No change
APD Air Products & Chemicals Inc. 0.11% 950 $276K No change
AMGN Amgen Inc. 0.11% 1,039 $271K No change
CAT Caterpillar Inc. 0.10% 700 $254K No change
WWD Woodward Inc. 0.10% 1,500 $250K No change
JNJ Johnson & Johnson 0.09% 1,670 $242K No change
DAY Dayforce Inc. 0.09% 3,145 $228K Reduce -37.1%
SRE Sempra 0.09% 2,578 $226K No change
DUK Duke Energy Corp. 0.09% 2,071 $223K No change
CP Canadian Pacific Kansas City 0.09% 3,060 $221K No change
BIPC Brookfield Infrastructure-A 0.08% 5,189 $208K No change
CARR Carrier Global Corp. 0.08% 3,000 $205K No change
CLVT Clarivate PLC 0.03% 15,000 $76K Add +7.1%

Portfolio Sells Q3 2024 → Q4 2024
ADBE Adobe Inc. Reduce -36.9% 1.17% −0.88
IFF Intl Flavors & Fragrances Reduce -28.8% 0.90% −0.58
HEI Heico Corp. Reduce -9.8% 3.59% −0.56
MIDD Middleby Corp. Reduce -22.3% 1.95% −0.49
DHR Danaher Corp. Reduce -3.5% 2.46% −0.47
TMO Thermo Fisher Scientific Inc. Reduce -4.3% 2.61% −0.46
BDX Becton Dickinson and Co. Reduce -13.0% 2.60% −0.41
LIN Linde PLC Reduce -0.3% 3.12% −0.26
VNT Vontier Corp. Sold out 0.00% −0.25
FTV Fortive Corp. Reduce -20.6% 0.92% −0.23
SNPS Synopsys Inc. Reduce -46.2% 0.26% −0.22
XYL Xylem Inc. Reduce -0.1% 1.57% −0.16
SHW The Sherwin-Williams Co. Reduce -0.0% 2.47% −0.16
TECH Bio-Techne Corp. Reduce -2.0% 2.13% −0.15
PAYX Paychex Inc. Reduce -14.8% 2.34% −0.15
GEV GE Vernova Inc. Reduce -33.8% 1.25% −0.14
ROP Roper Technologies Inc. Reduce -2.4% 3.37% −0.13
MRK Merck & Co. Inc. Sold out 0.00% −0.08
ECL Ecolab Inc. Reduce -0.2% 2.00% −0.07
MLM Martin Marietta Materials Reduce -3.0% 3.20% −0.06
MKC McCormick & Co.-Non VTG SHRS Reduce -0.5% 1.93% −0.05
SPGI S&P Global Inc. Reduce -2.6% 4.06% −0.04
DAY Dayforce Inc. Reduce -37.1% 0.09% −0.02
BRK.B Berkshire Hathaway Inc. Class B Reduce -4.0% 3.77% −0.01
PTC PTC Inc. Reduce -3.2% 0.66% +0.03
IT Gartner Inc. Reduce -0.1% 3.58% +0.03
WTS Watts Water Technologies-A Reduce -0.9% 2.66% +0.07
AAPL Apple Inc. Reduce -1.4% 0.69% +0.07
PANW Palo Alto Networks Inc. Reduce -0.4% 0.80% +0.09
LII Lennox International Inc. Reduce -3.6% 3.94% +0.10
EPAM Epam Systems Inc. Reduce -11.1% 1.18% +0.11
APH Amphenol Corp. Class A Reduce -7.3% 2.67% +0.11
EW Edwards Lifesciences Corp. Reduce -7.6% 2.24% +0.19
FISV Fiserv Inc. Reduce -2.6% 2.51% +0.38
EMR Emerson Electric Co. Reduce -2.2% 2.93% +0.42
ADSK Autodesk Inc. Reduce -0.1% 3.91% +0.45
ANET Arista Networks Inc. Reduce -2.4% 3.14% +0.49

Portfolio Buys Q3 2024 → Q4 2024
ENTG Entegris Inc. Add +1551.7% 1.38% +1.29
STE Steris PLC Add +39.2% 3.13% +0.62
VLTO Veralto Corp. Add +46.6% 1.46% +0.42
WAB Wabtec Corp. Add +7.0% 2.39% +0.36
FTNT Fortinet Inc. Add +34.6% 0.68% +0.29
TRMB Trimble Inc. Add +1.2% 1.44% +0.26
TER Teradyne Inc. Add +41.0% 0.72% +0.21
AXGN Axogen Inc. Add +9.5% 0.52% +0.14
GLW Corning Inc. Add +0.0% 0.64% +0.06
CLVT Clarivate PLC Add +7.1% 0.03% −0.01
BIP Brookfield Infrastructure Pa Add +0.0% 0.61% −0.03
RVTY Revvity Inc. Add +0.3% 1.89% −0.15
NDSN Nordson Corp. Add +3.6% 1.39% −0.21

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q3 2025 71$253.9MAPH, HEI, BRK.B, ADSK, ANET
Q2 2025 68$250.1MHEI, ADSK, SPGI, BRK.B, APH
Q1 2025 66$237.3MBRK.B, ROP, SPGI, HEI, ADSK
Q4 2024 68$254.5MSPGI, LII, ADSK, BRK.B, HEI
Q3 2024 70$268.6MHEI, SPGI, LII, BRK.B, IT
Q2 2024 65$250.4MHEI, SPGI, ROP, ADSK, LII
Q1 2024 66$261.7MMLM, BRK.B, LIN, IT, ROP