Holdings
| AMT AMERICAN TOWER CORP | $1.59B | 15.7% | 7,186,492 | −36 | −0.0% | Reduced |
| MA MASTERCARD INC - A | $1.45B | 14.3% | 5,327,144 | −455 | −0.0% | Reduced |
| MCO MOODY'S CORP | $1.16B | 11.5% | 5,681,803 | −353 | −0.0% | Reduced |
| V VISA INC-CLASS A SHARES | $840.7M | 8.3% | 4,887,270 | — | — | Held |
| ORLY O'REILLY AUTOMOTIVE INC | $752.0M | 7.4% | 1,887,074 | −164 | −0.0% | Reduced |
| MKL MARKEL GROUP INC | $606.3M | 6.0% | 512,965 | −97 | −0.0% | Reduced |
| SBAC SBA COMMUNICATIONS CORP | $594.4M | 5.9% | 2,465,000 | +2,465,000 | — | New |
| DLTR DOLLAR TREE INC | $580.6M | 5.7% | 5,085,911 | −484 | −0.0% | Reduced |
| ROP ROPER TECHNOLOGIES INC | $558.9M | 5.5% | 1,567,202 | −112 | −0.0% | Reduced |
| KMX CARMAX INC | $553.1M | 5.5% | 6,285,351 | +207,370 | +3.4% | Added |
| VRSK VERISK ANALYTICS INC | $402.3M | 4.0% | 2,544,202 | +540 | +0.0% | Added |
| KKR KKR & CO INC | $342.5M | 3.4% | 12,754,820 | +1,220 | +0.0% | Added |
| BROOKFIELD ASSET MGMT INC | $282.7M | 2.8% | 5,324,225 | +5,324,225 | — | New |
| DHR DANAHER CORP | $239.1M | 2.4% | 1,655,300 | — | — | Held |
| ALRM ALARM.COM HOLDINGS INC | $63.8M | 0.6% | 1,367,840 | +767,070 | +127.7% | Added |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | $59.6M | 0.6% | 286,407 | +278 | +0.1% | Added |
| PRMWUSD PRIMO WATER CORP | $37.5M | 0.4% | 3,057,100 | +8,000 | +0.3% | Added |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | $13.1M | 0.1% | 42 | — | — | Held |
| OLLI OLLIE'S BARGAIN OUTLET HOLDI | $5.9M | 0.1% | 100,000 | +100,000 | — | New |
| GSHD GOOSEHEAD INSURANCE INC -A | $5.0M | 0.0% | 101,490 | — | — | Held |
| LAMR LAMAR ADVERTISING CO-A | $4.0M | 0.0% | 48,530 | — | — | Held |
| DSGX DESCARTES SYSTEMS GRP | $2.0M | 0.0% | 50,000 | +50,000 | — | New |
| 48R ENSTAR GROUP LTD | $549K | 0.0% | 2,890 | −133,510 | −97.9% | Reduced |
| BOC BOSTON OMAHA CORP-CL A | $426K | 0.0% | 21,483 | −220,913 | −91.1% | Reduced |
| CLNSEUR COLONY CAPITAL INC | $60K | 0.0% | 10,000 | +10,000 | — | New |
Sold positions
| Holding | Shares sold | Prior value |
|---|---|---|
| SBA COMMUNICATIONS CORP | 2,465,000 | $554.2M |
| UBNTEUR UBIQUITI NETWORKS INC | 2,111,375 | $277.6M |
| AMT TD AMERITRADE HOLDING CORP | 3,350,000 | $167.2M |
| BVE DIAMOND HILL INVESTMENT GRP | 56,694 | $8.0M |
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.