Stone Run Capital, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Stone Run Capital, LLC reported 66 stock positions worth $237.3 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 4.7% of the portfolio, followed by Roper Technologies (ROP, 4.1%) and S&P Global (SPGI, 4.1%). Compared with Q4 2024, it opened 4 new positions, sold out of 6, added to 12 and reduced 37. The biggest buy was a new position in Labcorp (LH) and the biggest sale Arista Networks (ANET, shares −8%).
- Most Recent 13F
- Q3 2025
- Location
- NEW YORK, NY
- CIK
- 0001512746
- Portfolio Value
- $237.3M (Q1 2025)
- SEC Filing
- 0001420506-25-001086 ↗ filed May 14, 2025
Holdings Value
Holdings 66 stocks · $237.3M
| BRK.B Berkshire Hathaway Inc. Class B | 4.74% | 21,135 | $11.3M | Reduce -0.2% |
| ROP Roper Technologies Inc. | 4.10% | 16,483 | $9.7M | Reduce -0.1% |
| SPGI S&P Global Inc. | 4.08% | 19,067 | $9.7M | Reduce -8.2% |
| HEI Heico Corp. | 4.00% | 35,481 | $9.5M | Reduce -7.8% |
| ADSK Autodesk Inc. | 3.72% | 33,675 | $8.8M | Add +0.1% |
| LII Lennox International Inc. | 3.65% | 15,430 | $8.7M | Reduce -6.1% |
| LIN Linde PLC | 3.46% | 17,650 | $8.2M | Reduce -6.9% |
| MLM Martin Marietta Materials | 3.19% | 15,833 | $7.6M | Add +0.4% |
| FISV Fiserv Inc. | 2.88% | 30,970 | $6.8M | Reduce -0.4% |
| WTS Watts Water Technologies-A | 2.85% | 33,175 | $6.8M | Reduce -0.4% |
| IT Gartner Inc. | 2.77% | 15,647 | $6.6M | Reduce -16.7% |
| PAYX Paychex Inc. | 2.77% | 42,539 | $6.6M | Add +0.1% |
| STE Steris PLC | 2.74% | 28,655 | $6.5M | Reduce -26.2% |
| SHW The Sherwin-Williams Co. | 2.72% | 18,500 | $6.5M | No change |
| APH Amphenol Corp. Class A | 2.71% | 97,970 | $6.4M | Reduce -0.1% |
| EMR Emerson Electric Co. | 2.56% | 55,483 | $6.1M | Reduce -7.7% |
| TMO Thermo Fisher Scientific Inc. | 2.46% | 11,732 | $5.8M | Reduce -8.1% |
| ECL Ecolab Inc. | 2.31% | 21,660 | $5.5M | Reduce -0.2% |
| WAB Wabtec Corp. | 2.19% | 28,710 | $5.2M | Reduce -10.7% |
| DHR Danaher Corp. | 2.18% | 25,288 | $5.2M | Reduce -7.3% |
| ANET Arista Networks Inc. | 2.17% | 66,600 | $5.2M | Reduce -7.8% |
| EW Edwards Lifesciences Corp. | 2.16% | 70,600 | $5.1M | Reduce -8.1% |
| BDX Becton Dickinson and Co. | 2.14% | 22,194 | $5.1M | Reduce -23.9% |
| ANSS Ansys Inc. | 2.14% | 16,040 | $5.1M | Reduce -0.9% |
| MKC McCormick & Co.-Non VTG SHRS | 2.07% | 59,750 | $4.9M | Reduce -7.2% |
| MIDD Middleby Corp. | 2.02% | 31,522 | $4.8M | Reduce -14.1% |
| TECH Bio-Techne Corp. | 1.88% | 76,284 | $4.5M | Add +1.4% |
| RVTY Revvity Inc. | 1.85% | 41,583 | $4.4M | Reduce -3.6% |
| XYL Xylem Inc. | 1.75% | 34,770 | $4.2M | Add +0.9% |
| LH Labcorp Holdings Inc. | 1.49% | 15,205 | $3.5M | New |
| GEV GE Vernova Inc. | 1.47% | 11,436 | $3.5M | Add +18.6% |
| TRMB Trimble Inc. | 1.43% | 51,666 | $3.4M | Reduce -0.3% |
| NDSN Nordson Corp. | 1.40% | 16,484 | $3.3M | Reduce -2.5% |
| VLTO Veralto Corp. | 1.33% | 32,458 | $3.2M | Reduce -10.7% |
| ENTG Entegris Inc. | 1.14% | 30,942 | $2.7M | Reduce -12.9% |
| EPAM Epam Systems Inc. | 0.91% | 12,825 | $2.2M | Add +0.2% |
| PANW Palo Alto Networks Inc. | 0.80% | 11,100 | $1.9M | Reduce -0.9% |
| AOS Smith (a.o.) Corp. | 0.79% | 28,572 | $1.9M | New |
| GLW Corning Inc. | 0.66% | 34,215 | $1.6M | Add +0.6% |
| AAPL Apple Inc. | 0.65% | 6,980 | $1.6M | No change |
| AXGN Axogen Inc. | 0.63% | 81,301 | $1.5M | Add +1.0% |
| TER Teradyne Inc. | 0.63% | 18,000 | $1.5M | Add +23.9% |
| FTNT Fortinet Inc. | 0.62% | 15,350 | $1.5M | Reduce -16.1% |
| PTC PTC Inc. | 0.62% | 9,480 | $1.5M | Add +3.3% |
| BIP Brookfield Infrastructure Pa | 0.61% | 48,904 | $1.5M | Add +0.0% |
| ADBE Adobe Inc. | 0.55% | 3,425 | $1.3M | Reduce -48.9% |
| ISRG Intuitive Surgical Inc. | 0.52% | 2,500 | $1.2M | No change |
| FTV Fortive Corp. | 0.44% | 14,425 | $1.1M | Reduce -53.6% |
| ABBV Abbvie Inc. | 0.36% | 4,100 | $859K | No change |
| GOOGL Alphabet Inc. Class A | 0.35% | 5,350 | $827K | New |
| MMM 3M Co. | 0.26% | 4,189 | $615K | No change |
| SNPS Synopsys Inc. | 0.25% | 1,375 | $590K | No change |
| ITW Illinois Tool Works | 0.20% | 1,950 | $484K | Reduce -5.0% |
| RTX RTX Corp. | 0.20% | 3,573 | $473K | No change |
| OKE Oneok Inc. | 0.19% | 4,550 | $451K | Reduce -4.3% |
| ABT Abbott Laboratories | 0.18% | 3,300 | $438K | No change |
| CNI Canadian Natl Railway Co. | 0.12% | 2,900 | $283K | Reduce -11.7% |
| MCD McDonald's Corp. | 0.12% | 900 | $281K | Reduce -28.6% |
| AMGN Amgen Inc. | 0.12% | 900 | $280K | Reduce -13.4% |
| APD Air Products & Chemicals Inc. | 0.12% | 950 | $280K | No change |
| JNJ Johnson & Johnson | 0.12% | 1,670 | $277K | No change |
| WWD Woodward Inc. | 0.12% | 1,500 | $274K | No change |
| DUK Duke Energy Corp. | 0.11% | 2,071 | $253K | No change |
| CP Canadian Pacific Kansas City | 0.09% | 3,060 | $215K | No change |
| SHEL Shell PLC-ADR | 0.09% | 2,810 | $206K | New |
| CLVT Clarivate PLC | 0.02% | 12,500 | $49K | Reduce -16.7% |
Portfolio Sells Q4 2024 → Q1 2025
| ANET Arista Networks Inc. | Reduce -7.8% | 2.17% | −0.96 |
| IFF Intl Flavors & Fragrances | Sold out | 0.00% | −0.90 |
| IT Gartner Inc. | Reduce -16.7% | 2.77% | −0.81 |
| ADBE Adobe Inc. | Reduce -48.9% | 0.55% | −0.62 |
| FTV Fortive Corp. | Reduce -53.6% | 0.44% | −0.47 |
| BDX Becton Dickinson and Co. | Reduce -23.9% | 2.14% | −0.46 |
| STE Steris PLC | Reduce -26.2% | 2.74% | −0.40 |
| EMR Emerson Electric Co. | Reduce -7.7% | 2.56% | −0.36 |
| LII Lennox International Inc. | Reduce -6.1% | 3.65% | −0.29 |
| DHR Danaher Corp. | Reduce -7.3% | 2.18% | −0.28 |
| ENTG Entegris Inc. | Reduce -12.9% | 1.14% | −0.24 |
| WAB Wabtec Corp. | Reduce -10.7% | 2.19% | −0.20 |
| TMO Thermo Fisher Scientific Inc. | Reduce -8.1% | 2.46% | −0.15 |
| VLTO Veralto Corp. | Reduce -10.7% | 1.33% | −0.12 |
| CAT Caterpillar Inc. | Sold out | 0.00% | −0.10 |
| DAY Dayforce Inc. | Sold out | 0.00% | −0.09 |
| SRE Sempra | Sold out | 0.00% | −0.09 |
| BIPC Brookfield Infrastructure-A | Sold out | 0.00% | −0.08 |
| CARR Carrier Global Corp. | Sold out | 0.00% | −0.08 |
| EW Edwards Lifesciences Corp. | Reduce -8.1% | 2.16% | −0.08 |
| FTNT Fortinet Inc. | Reduce -16.1% | 0.62% | −0.06 |
| RVTY Revvity Inc. | Reduce -3.6% | 1.85% | −0.04 |
| MCD McDonald's Corp. | Reduce -28.6% | 0.12% | −0.03 |
| CNI Canadian Natl Railway Co. | Reduce -11.7% | 0.12% | −0.01 |
| TRMB Trimble Inc. | Reduce -0.3% | 1.43% | −0.01 |
| CLVT Clarivate PLC | Reduce -16.7% | 0.02% | −0.01 |
| ANSS Ansys Inc. | Reduce -0.9% | 2.14% | −0.01 |
| PANW Palo Alto Networks Inc. | Reduce -0.9% | 0.80% | −0.00 |
| ITW Illinois Tool Works | Reduce -5.0% | 0.20% | −0.00 |
| OKE Oneok Inc. | Reduce -4.3% | 0.19% | +0.00 |
| AMGN Amgen Inc. | Reduce -13.4% | 0.12% | +0.01 |
| NDSN Nordson Corp. | Reduce -2.5% | 1.40% | +0.01 |
| SPGI S&P Global Inc. | Reduce -8.2% | 4.08% | +0.02 |
| APH Amphenol Corp. Class A | Reduce -0.1% | 2.71% | +0.03 |
| MIDD Middleby Corp. | Reduce -14.1% | 2.02% | +0.07 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -7.2% | 2.07% | +0.14 |
| WTS Watts Water Technologies-A | Reduce -0.4% | 2.85% | +0.19 |
| ECL Ecolab Inc. | Reduce -0.2% | 2.31% | +0.32 |
| LIN Linde PLC | Reduce -6.9% | 3.46% | +0.34 |
| FISV Fiserv Inc. | Reduce -0.4% | 2.88% | +0.37 |
| HEI Heico Corp. | Reduce -7.8% | 4.00% | +0.40 |
| ROP Roper Technologies Inc. | Reduce -0.1% | 4.10% | +0.72 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.2% | 4.74% | +0.97 |
Portfolio Buys Q4 2024 → Q1 2025
| LH Labcorp Holdings Inc. | New | 1.49% | +1.49 |
| AOS Smith (a.o.) Corp. | New | 0.79% | +0.79 |
| PAYX Paychex Inc. | Add +0.1% | 2.77% | +0.42 |
| GOOGL Alphabet Inc. Class A | New | 0.35% | +0.35 |
| GEV GE Vernova Inc. | Add +18.6% | 1.47% | +0.22 |
| XYL Xylem Inc. | Add +0.9% | 1.75% | +0.18 |
| AXGN Axogen Inc. | Add +1.0% | 0.63% | +0.11 |
| SHEL Shell PLC-ADR | New | 0.09% | +0.09 |
| GLW Corning Inc. | Add +0.6% | 0.66% | +0.03 |
| BIP Brookfield Infrastructure Pa | Add +0.0% | 0.61% | +0.00 |
| MLM Martin Marietta Materials | Add +0.4% | 3.19% | −0.01 |
| PTC PTC Inc. | Add +3.3% | 0.62% | −0.04 |
| TER Teradyne Inc. | Add +23.9% | 0.63% | −0.09 |
| ADSK Autodesk Inc. | Add +0.1% | 3.72% | −0.19 |
| TECH Bio-Techne Corp. | Add +1.4% | 1.88% | −0.24 |
| EPAM Epam Systems Inc. | Add +0.2% | 0.91% | −0.26 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2025 | 71 | $253.9M | APH, HEI, BRK.B, ADSK, ANET |
| Q2 2025 | 68 | $250.1M | HEI, ADSK, SPGI, BRK.B, APH |
| Q1 2025 | 66 | $237.3M | BRK.B, ROP, SPGI, HEI, ADSK |
| Q4 2024 | 68 | $254.5M | SPGI, LII, ADSK, BRK.B, HEI |
| Q3 2024 | 70 | $268.6M | HEI, SPGI, LII, BRK.B, IT |
| Q2 2024 | 65 | $250.4M | HEI, SPGI, ROP, ADSK, LII |
| Q1 2024 | 66 | $261.7M | MLM, BRK.B, LIN, IT, ROP |