Holdings
| AMT AMERICAN TOWER CORP | $611.7M | 13.6% | 6,309,016 | +5,523 | +0.1% | Added |
| MA MASTERCARD INC - A | $458.5M | 10.2% | 4,709,033 | +3,899 | +0.1% | Added |
| MKL MARKEL GROUP INC | $455.3M | 10.1% | 515,457 | +153 | +0.0% | Added |
| MCO MOODY'S CORP | $367.2M | 8.2% | 3,659,439 | +53,819 | +1.5% | Added |
| DLTR DOLLAR TREE INC | $323.1M | 7.2% | 4,184,400 | +36,184 | +0.9% | Added |
| ROP ROPER TECHNOLOGIES INC | $256.2M | 5.7% | 1,350,018 | +882 | +0.1% | Added |
| ORLY O'REILLY AUTOMOTIVE INC | $209.8M | 4.7% | 827,766 | −29 | −0.0% | Reduced |
| VRSK VERISK ANALYTICS INC | $198.5M | 4.4% | 2,581,579 | +440,651 | +20.6% | Added |
| SBA COMMUNICATIONS CORP | $189.1M | 4.2% | 1,800,000 | +450,000 | +33.3% | Added |
| KMX CARMAX INC | $184.4M | 4.1% | 3,417,359 | +643,699 | +23.2% | Added |
| V VISA INC-CLASS A SHARES | $177.1M | 3.9% | 2,283,240 | — | — | Held |
| 48R ENSTAR GROUP LTD | $176.5M | 3.9% | 1,176,274 | +126,725 | +12.1% | Added |
| COLFAX CORP | $171.5M | 3.8% | 7,345,908 | +314,199 | +4.5% | Added |
| DHR DANAHER CORP | $139.3M | 3.1% | 1,500,000 | — | — | Held |
| AMT TD AMERITRADE HOLDING CORP | $103.0M | 2.3% | 2,967,500 | −258,900 | −8.0% | Reduced |
| MNRO MONRO INC | $99.9M | 2.2% | 1,507,930 | — | — | Held |
| LKQ LKQ CORP | $94.0M | 2.1% | 3,173,100 | +598,100 | +23.2% | Added |
| UBNTEUR UBIQUITI NETWORKS INC | $84.9M | 1.9% | 2,680,000 | — | — | Held |
| AMT 5.5 02/15/18 AMERICAN TOWER CORP | $52.1M | 1.2% | 515,984 | — | — | Held |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | $51.0M | 1.1% | 386,043 | −24,964 | −6.1% | Reduced |
| BVE DIAMOND HILL INVESTMENT GRP | $27.5M | 0.6% | 145,500 | — | — | Held |
| PRMWUSD PRIMO WATER CORP | $13.4M | 0.3% | 1,679,313 | −47,300 | −2.7% | Reduced |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | $10.3M | 0.2% | 52 | −1 | −1.9% | Reduced |
| AMT 5.25 05/15/17 A AMERICAN TOWER CORP | $10.2M | 0.2% | 100,000 | — | — | Held |
| AKX ANSYS INC | $9.3M | 0.2% | 100,300 | — | — | Held |
| ALRM ALARM.COM HOLDINGS INC | $6.7M | 0.1% | 400,000 | — | — | Held |
| DLTH DULUTH HOLDINGS INC - CL B | $5.1M | 0.1% | 350,000 | +350,000 | — | New |
| BANK OF AMERICA CORPORATION | $4.3M | 0.1% | 732,890 | — | — | Held |
| WMIH Corp | $3.9M | 0.1% | 1,500,000 | — | — | Held |
| AMERICAN INTL GROUP INC | $3.5M | 0.1% | 147,295 | −362,505 | −71.1% | Reduced |
| LAMR LAMAR ADVERTISING CO-A | $3.3M | 0.1% | 55,000 | — | — | Held |
| CCI 4.5 11/01/16 A CROWN CASTLE INTL CORP | $2.1M | 0.0% | 20,000 | — | — | Held |
| CSX CSX CORP | $1.1M | 0.0% | 40,695 | — | — | Held |
| AIEUR ARLINGTON ASSET INVESTMENT-A | $132K | 0.0% | 10,000 | — | — | Held |
Sold positions
| Holding | Shares sold | Prior value |
|---|---|---|
| LYV LIVE NATION ENTERTAINMENT IN | 6,260,154 | $150.5M |
| LPLA LPL FINANCIAL HOLDINGS INC | 750,500 | $29.8M |
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.