Holdings
| AMT AMERICAN TOWER CORP | $492.0M | 11.9% | 5,274,014 | +1,266,408 | +31.6% | Added |
| MKL MARKEL GROUP INC | $413.6M | 10.0% | 516,611 | +7,648 | +1.5% | Added |
| MA MASTERCARD INC - A | $404.7M | 9.7% | 4,328,795 | +67,369 | +1.6% | Added |
| MCO MOODY'S CORP | $384.7M | 9.3% | 3,563,131 | +49,795 | +1.4% | Added |
| DLTR DOLLAR TREE INC | $280.5M | 6.8% | 3,551,446 | +57,442 | +1.6% | Added |
| COLFAX CORP | $268.8M | 6.5% | 5,824,798 | −50,762 | −0.9% | Reduced |
| ROP ROPER TECHNOLOGIES INC | $220.0M | 5.3% | 1,275,634 | +23,954 | +1.9% | Added |
| ORLY O'REILLY AUTOMOTIVE INC | $187.6M | 4.5% | 830,183 | +19,904 | +2.5% | Added |
| LYV LIVE NATION ENTERTAINMENT IN | $172.1M | 4.1% | 6,260,154 | +15,841 | +0.3% | Added |
| V VISA INC-CLASS A SHARES | $153.3M | 3.7% | 2,283,240 | — | — | Held |
| VRSK VERISK ANALYTICS INC | $144.6M | 3.5% | 1,987,225 | +1,015,025 | +104.4% | Added |
| SBA COMMUNICATIONS CORP | $138.0M | 3.3% | 1,200,000 | — | — | Held |
| DHR DANAHER CORP | $128.4M | 3.1% | 1,500,000 | — | — | Held |
| AMT TD AMERITRADE HOLDING CORP | $116.3M | 2.8% | 3,158,900 | — | — | Held |
| KMX CARMAX INC | $112.6M | 2.7% | 1,700,000 | — | — | Held |
| MNRO MONRO INC | $93.7M | 2.3% | 1,507,930 | +2,927 | +0.2% | Added |
| 48R ENSTAR GROUP LTD | $88.3M | 2.1% | 569,902 | +49,932 | +9.6% | Added |
| UBNTEUR UBIQUITI NETWORKS INC | $85.5M | 2.1% | 2,680,000 | +156,470 | +6.2% | Added |
| LPLA LPL FINANCIAL HOLDINGS INC | $61.3M | 1.5% | 1,318,589 | −146,596 | −10.0% | Reduced |
| AMT 5.5 02/15/18 AMERICAN TOWER CORP | $50.0M | 1.2% | 500,000 | +500,000 | — | New |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | $42.8M | 1.0% | 314,418 | +17,078 | +5.7% | Added |
| BVE DIAMOND HILL INVESTMENT GRP | $29.1M | 0.7% | 145,500 | — | — | Held |
| LKQ LKQ CORP | $21.2M | 0.5% | 700,000 | +700,000 | — | New |
| AMT 5.25 05/15/17 A AMERICAN TOWER CORP | $10.2M | 0.2% | 100,000 | — | — | Held |
| PRMWUSD PRIMO WATER CORP | $9.9M | 0.2% | 1,726,613 | +41,283 | +2.4% | Added |
| AKX ANSYS INC | $9.2M | 0.2% | 100,300 | — | — | Held |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | $8.8M | 0.2% | 43 | −9 | −17.3% | Reduced |
| ALRM ALARM.COM HOLDINGS INC | $6.2M | 0.1% | 400,000 | +400,000 | — | New |
| BANK OF AMERICA CORPORATION | $4.5M | 0.1% | 732,890 | +17,789 | +2.5% | Added |
| AMERICAN INTL GROUP INC | $4.2M | 0.1% | 150,000 | +150,000 | — | New |
| LAMR LAMAR ADVERTISING CO-A | $3.9M | 0.1% | 67,100 | — | — | Held |
| CCI 4.5 11/01/16 A CROWN CASTLE INTL CORP | $2.1M | 0.0% | 20,000 | — | — | Held |
| CSX CSX CORP | $1.3M | 0.0% | 40,695 | −2,204 | −5.1% | Reduced |
| NUSTAR GP HOLDINGS LLC | $1.1M | 0.0% | 27,775 | +8,180 | +41.7% | Added |
| WMB WILLIAMS COS INC | $926K | 0.0% | 16,140 | −2,090 | −11.5% | Reduced |
| AIEUR ARLINGTON ASSET INVESTMENT-A | $196K | 0.0% | 10,000 | — | — | Held |
| NLYEUR ANNALY CAPITAL MANAGEMENT IN | $184K | 0.0% | 20,044 | — | — | Held |
Sold positions
| Holding | Shares sold | Prior value |
|---|---|---|
| DISCKUSD DISCOVERY INC-C | 6,019,258 | $177.4M |
| MARKWEST ENERGY PARTNERS L P | 3,215 | $213K |
Holdings reflect long positions disclosed in 13F filings only and exclude short positions, cash, and other non-13F assets. Holdings data sourced from SEC EDGAR. Not investment advice. Full disclaimer.