Q2 2026 13F · SEC CIK 1568621
Broad Run Investment Management, LLC
Mutual fund managerFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $649.7M
- Reported positions
- 24
- Top holdings a year, 3 yrs
- +18.0%
- Assets under management
- $681.8M
Broad Run Investment Management, LLC is a mutual fund manager that reported 24 positions worth $649.7M in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were AST SpaceMobile Inc (ASTS, 19.9%), Applied Matls Inc (AMAT, 16.4%), Sunbelt Rentals Holdings Inc (SUNB, 7.9%). A portfolio copying its top holdings returned 18.0% a year over the last 3 years, against 20.4% for the S&P 500.
Broad Run Investment Management, LLC holdings all 24 positions.
Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| ASTSAST SpaceMobile Inc | 19.9% | -0.5% | $129.4M |
| AMATApplied Matls Inc | 16.4% | -0.5% | $106.7M |
| SUNBSunbelt Rentals Holdings Inc | 7.9% | -0.3% | $51.4M |
| BNBrookfield Corp | 7.9% | -0.6% | $51.3M |
| MKLMarkel Group Inc | 6.2% | -0.6% | $40.2M |
| ORLYOreilly Automotive Inc | 5.3% | -0.5% | $34.7M |
| AONAon PLC | 5.1% | -0.5% | $33.4M |
| BAMBrookfield Asset Managmt Ltd | 4.2% | -0.2% | $27.0M |
| HLTHilton Worldwide Hldgs Inc | 3.3% | +0.0% | $21.2M |
| GOOGAlphabet Inc | 3.0% | -2.0% | $19.2M |
| NVRNvr Inc | 2.8% | -0.4% | $18.1M |
| CDWCdw Corp/de | 2.7% | -0.2% | $17.5M |
| AMTAmerican Tower Corp | 2.6% | -0.5% | $17.2M |
| KMXCarmax Inc | 2.3% | -0.4% | $15.0M |
| TDGTransdigm Group Inc | 2.2% | +0.0% | $14.4M |
| DHRDanaher Corp Del | 2.1% | +0.0% | $13.5M |
| RHRh Com | 1.6% | -0.3% | $10.3M |
| SHENShenandoah Telecommunications Company | 1.5% | -25.0% | $9.9M |
| CCOICogent Comm Holdings Inc Com New | 1.4% | -0.5% | $9.2M |
| FNDFloor & Decor Hldgs Inc | 0.6% | +0.0% | $3.7M |
| DISDisney Walt Co | 0.5% | -2.1% | $3.2M |
| RELXRelx PLC | 0.2% | +0.0% | $1.5M |
| BNTBrookfield Wealth Solutions - Class A st | 0.2% | +0.0% | $1.0M |
| GOOGLAlphabet Inc | 0.1% | +0.0% | $906K |
What Broad Run Investment Management, LLC bought and sold in Q2 2026, against Q1 2026.
New positions
No new positions among the largest holdings.
Added to
No position grew by more than 5%.
Reduced
- SHEN Shenandoah Telecommunications Company-25.0% shares
Sold out
Nothing sold out.
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +20.5% /yr
- S&P 500 +20.1%
- 3 years
- +18.0% /yr
- S&P 500 +20.4%
- 5 years
- +8.1% /yr
- S&P 500 +11.6%
A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q2 2026 | $649.7M | 24 |
| Q1 2026 | $567.9M | 24 |
| Q4 2025 | $538.5M | 24 |
| Q3 2025 | $610.9M | 24 |
| Q2 2025 | $652.8M | 24 |
| Q1 2025 | $599.0M | 24 |
| Q4 2024 | $736.0M | 24 |
| Q3 2024 | $828.4M | 24 |
| Q2 2024 | $730.2M | 25 |
| Q1 2024 | $814.1M | 26 |
| Q4 2023 | $748.4M | 26 |
| Q3 2023 | $756.8M | 25 |
Questions about Broad Run Investment Management, LLC's portfolio
What stocks does Broad Run Investment Management, LLC own?
Broad Run Investment Management, LLC's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 24 positions worth $649.7M. The largest are AST SpaceMobile Inc (ASTS) at 19.9%, Applied Matls Inc (AMAT) at 16.4%, Sunbelt Rentals Holdings Inc (SUNB) at 7.9%, Brookfield Corp (BN) at 7.9% and Markel Group Inc (MKL) at 6.2%.
What did Broad Run Investment Management, LLC buy last quarter?
Broad Run Investment Management, LLC opened no new positions and grew none by more than 5% among its largest holdings in Q2 2026.
What did Broad Run Investment Management, LLC sell last quarter?
In Q2 2026, Broad Run Investment Management, LLC Shenandoah Telecommunications Company (SHEN) (-25.0% shares), compared with its Q1 2026 filing.
How has Broad Run Investment Management, LLC's portfolio performed?
A portfolio copying Broad Run Investment Management, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +18.0% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +20.5% against +20.1%. Over 5 years: +8.1% a year against +11.6%.
When is Broad Run Investment Management, LLC's next 13F filing due?
13F filings are due 45 days after each quarter ends. Broad Run Investment Management, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.
How much money does Broad Run Investment Management, LLC manage?
Broad Run Investment Management, LLC reported $681.8M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $649.7M.