Quarterly 13F snapshot: US-listed longs only, no performance figures — 13F data cannot support them.
Reported portfolio value by quarter (53 quarters reported)
$194M in Q2 2013 → $798M now. Hover for any quarter.
As reported for the quarter ended June 30, 2026. Activity is the change in share count since the prior quarter's filing.
| Holding | % of portfolio | Activity | Shares | Value |
|---|---|---|---|---|
| HN Heico Corp New | 8.9% | Added 17% | 273,833 | $70.6M |
| Nvr Inc | 8.3% | Added 0.5% | 9,691 | $66M |
| Primerica Inc | 7.7% | Trimmed 14% | 214,890 | $61.1M |
| Graco Inc | 7.3% | Added 55% | 768,421 | $58.1M |
| Brown & Brown Inc | 7.3% | Added 41% | 903,253 | $57.9M |
| MM Martin Marietta Matls Inc | 6.8% | Added 3.7% | 93,716 | $54M |
| VS Veeva Sys Inc | 6.1% | Trimmed 14% | 272,384 | $48.3M |
| Msci Inc | 6.0% | Trimmed 21% | 86,120 | $48.2M |
| Fastenal Co | 5.8% | Added 1.0% | 962,833 | $46.2M |
| M Moodys Corp | 5.7% | Added 1.1% | 100,778 | $45.6M |
| IL Idexx Labs Inc | 5.5% | Added 49% | 83,634 | $44M |
| OD Old Dominion Freight Line In | 4.8% | Trimmed 53% | 174,902 | $37.9M |
| Tyler Technologies Inc | 3.9% | Trimmed 12% | 106,217 | $31.1M |
| Gartner Inc | 2.4% | Added 53% | 150,315 | $19.5M |
| Booking Holdings Inc | 2.3% | Added 1517% | 101,720 | $18.1M |
| Copart Inc | 1.9% | Added 1.4% | 531,279 | $15M |
| SG SPDR Gold Tr | 1.3% | Trimmed 1.5% | 28,768 | $10.6M |
| VI Vanguard Intl Equity Index F | 1.2% | Trimmed 1.4% | 117,604 | $9.85M |
| VM Vulcan Matls Co | 1.0% | Added 1.2% | 26,837 | $7.92M |
| VI Vanguard Intl Equity Index F | 0.9% | Trimmed 1.4% | 47,826 | $7.38M |
| Pool Corp | 0.9% | New | 32,699 | $7.03M |
| BH Berkshire Hathaway Inc Del | 0.8% | Trimmed 1.5% | 12,426 | $6.22M |
| VW Vanguard Whitehall Fds | 0.8% | Trimmed 1.4% | 62,638 | $6.15M |
| VI Vanguard Index Fds | 0.7% | New | 8,547 | $5.87M |
| VW Vanguard Whitehall Fds | 0.7% | Added 61% | 34,318 | $5.42M |
| SS Schwab Strategic Tr | 0.6% | New | 152,398 | $4.83M |
| VS Vanguard Scottsdale Fds | 0.4% | Trimmed 1.4% | 8,578 | $2.91M |
| Stepan Co | 0.0% | Unchanged | 5,010 | $279K |
| SS Schwab Strategic Tr | 0.0% | Added 3.1% | 11,763 | $272K |
| IT Ishares Tr | 0.0% | Added 48% | 2,385 | $240K |
| IT Ishares Tr | 0.0% | Added 1.4% | 2,107 | $220K |
| SS Schwab Strategic Tr | 0.0% | Added 2.4% | 7,593 | $220K |
| SS Schwab Strategic Tr | 0.0% | Added 2.5% | 7,108 | $197K |
| VI Vanguard Index Fds | 0.0% | Unchanged | 706 | $60.4K |
| VS Vanguard Star Fds | 0.0% | Unchanged | 141 | $52.2K |
What changed each quarter, from the filings' own share counts. Largest moves first; most recent 8 quarters.
quarter ended June 30, 2026 · filed August 11, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| OD Old Dominion Freight Line In | Trimmed | −201,070 | −$43.6M | 4.8% |
| Graco Inc | Added | +272,918 | +$20.6M | 7.3% |
| Booking Holdings Inc | Added | +95,429 | +$17M | 2.3% |
| Brown & Brown Inc | Added | +261,640 | +$16.8M | 7.3% |
| IL Idexx Labs Inc | Added | +27,426 | +$14.4M | 5.5% |
| Msci Inc | Trimmed | −23,360 | −$13.1M | 6.0% |
| Primerica Inc | Trimmed | −36,011 | −$10.2M | 7.7% |
| HN Heico Corp New | Added | +39,123 | +$10.1M | 8.9% |
| VS Veeva Sys Inc | Trimmed | −44,819 | −$7.95M | 6.1% |
| Pool Corp | New | +32,699 | +$7.03M | 0.9% |
Showing the 10 largest of 34 changes.
quarter ended March 31, 2026 · filed May 13, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| MM Martin Marietta Matls Inc | New | +90,394 | +$53.2M | 6.8% |
| OD Old Dominion Freight Line In | Trimmed | −233,965 | −$45.7M | 9.4% |
| Copart Inc | Trimmed | −894,975 | −$29.7M | 2.2% |
| LS Landstar Sys Inc | Exited | −194,673 | −$28M | — |
| Tyler Technologies Inc | Added | +47,471 | +$16.3M | 5.3% |
| Gartner Inc | New | +98,557 | +$15.6M | 2.0% |
| Costar Group Inc | Exited | −218,583 | −$14.7M | — |
| HN Heico Corp New | Trimmed | −58,979 | −$12.4M | 6.3% |
| Msci Inc | Added | +21,995 | +$11.9M | 7.6% |
| IL Idexx Labs Inc | Trimmed | −20,238 | −$11.4M | 4.0% |
Showing the 10 largest of 35 changes.
quarter ended December 31, 2025 · filed February 13, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Brown & Brown Inc | Added | +388,059 | +$30.9M | 6.0% |
| Costar Group Inc | Trimmed | −184,312 | −$12.4M | 1.7% |
| LS Landstar Sys Inc | Trimmed | −66,205 | −$9.51M | 3.2% |
| Copart Inc | Trimmed | −207,715 | −$8.13M | 6.4% |
| Appfolio Inc | New | +34,366 | +$8M | 0.9% |
| DS Descartes Sys Group Inc | Trimmed | −83,107 | −$7.29M | 0.3% |
| Msci Inc | Trimmed | −10,583 | −$6.07M | 5.8% |
| Primerica Inc | Added | +20,810 | +$5.38M | 7.6% |
| Fair Isaac Corp | Exited | −2,642 | −$3.95M | — |
| VI Vanguard Intl Equity Index F | Added | +45,900 | +$3.38M | 1.0% |
Showing the 10 largest of 32 changes.
quarter ended September 30, 2025 · filed November 13, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| OD Old Dominion Freight Line In | Added | +123,271 | +$17.4M | 9.2% |
| IL Idexx Labs Inc | Trimmed | −26,602 | −$17M | 5.5% |
| Brown & Brown Inc | Added | +164,519 | +$15.4M | 2.7% |
| Nvr Inc | Trimmed | −1,631 | −$13.1M | 7.8% |
| Copart Inc | Added | +252,961 | +$11.4M | 8.0% |
| HN Heico Corp New | Trimmed | −33,633 | −$8.55M | 8.3% |
| LS Landstar Sys Inc | Trimmed | −61,397 | −$7.52M | 3.5% |
| Msci Inc | Trimmed | −10,801 | −$6.13M | 6.1% |
| VI Vanguard Intl Equity Index F | Added | +11,531 | +$1.64M | 0.8% |
| VS Veeva Sys Inc | Trimmed | −1,272 | −$379K | 9.3% |
Showing the 10 largest of 31 changes.
quarter ended June 30, 2025 · filed August 14, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| VS Veeva Sys Inc | Trimmed | −110,303 | −$31.8M | 8.9% |
| Booking Holdings Inc | Trimmed | −3,946 | −$22.8M | 4.6% |
| Msci Inc | Added | +36,975 | +$21.3M | 6.8% |
| LS Landstar Sys Inc | Added | +97,974 | +$13.6M | 4.8% |
| Costar Group Inc | Trimmed | −124,241 | −$9.99M | 3.5% |
| HN Heico Corp New | Trimmed | −37,370 | −$9.67M | 9.3% |
| M Moodys Corp | Added | +18,659 | +$9.36M | 4.7% |
| Fastenal Co | Added | +221,844 | +$9.32M | 4.5% |
| Graco Inc | Trimmed | −105,782 | −$9.09M | 4.8% |
| OD Old Dominion Freight Line In | Trimmed | −54,244 | −$8.8M | 8.3% |
Showing the 10 largest of 33 changes.
quarter ended March 31, 2025 · filed May 14, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Nvr Inc | Added | +3,965 | +$28.7M | 7.9% |
| IL Idexx Labs Inc | Added | +61,684 | +$25.9M | 5.1% |
| Booking Holdings Inc | Trimmed | −3,245 | −$14.9M | 5.4% |
| Tyler Technologies Inc | Trimmed | −22,672 | −$13.2M | 5.0% |
| Copart Inc | Added | +173,747 | +$9.83M | 9.0% |
| HN Heico Corp New | Added | +36,198 | +$7.64M | 8.1% |
| Msci Inc | Trimmed | −7,055 | −$3.99M | 4.2% |
| SS Schwab Strategic Tr | Trimmed | −191,705 | −$3.79M | — |
| LS Landstar Sys Inc | Trimmed | −21,886 | −$3.29M | 3.5% |
| VI Vanguard Intl Equity Index F | New | +53,903 | +$3.27M | 0.3% |
Showing the 10 largest of 30 changes.
quarter ended December 31, 2024 · filed February 12, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Booking Holdings Inc | Trimmed | −4,599 | −$22.8M | 7.7% |
| DS Descartes Sys Group Inc | New | +131,701 | +$15M | 1.6% |
| CA Credit Accep Corp Mich | Exited | −20,217 | −$8.96M | — |
| SS Schwab Strategic Tr | Added | +100,219 | +$1.85M | 0.4% |
| OD Old Dominion Freight Line In | Added | +9,759 | +$1.72M | 10.1% |
| SI Selective Ins Group Inc | Exited | −8,368 | −$781K | — |
| VS Veeva Sys Inc | Added | +1,020 | +$214K | 9.3% |
| Copart Inc | Added | +3,231 | +$185K | 8.3% |
| Primerica Inc | Added | +632 | +$172K | 7.7% |
| Nvr Inc | Added | +18 | +$147K | 5.8% |
Showing the 10 largest of 31 changes.
quarter ended September 30, 2024 · filed November 13, 2024
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| M Moodys Corp | Trimmed | −78,734 | −$37.4M | 3.4% |
| CA Credit Accep Corp Mich | Trimmed | −58,883 | −$26.1M | 0.9% |
| Booking Holdings Inc | Added | +5,643 | +$23.8M | 8.3% |
| VS Veeva Sys Inc | Trimmed | −73,709 | −$15.5M | 8.9% |
| Copart Inc | Added | +291,950 | +$15.3M | 7.3% |
| Graco Inc | Added | +142,575 | +$12.5M | 5.7% |
| IL Idexx Labs Inc | Added | +18,305 | +$9.25M | 2.9% |
| Msci Inc | Added | +6,309 | +$3.68M | 4.8% |
| Costar Group Inc | Trimmed | −30,700 | −$2.32M | 4.2% |
| OD Old Dominion Freight Line In | Added | +4,338 | +$862K | 10.8% |
Showing the 10 largest of 30 changes.
Loading...
