Holdings
| MA MASTERCARD INC - A | $2.10B | 14.2% | 5,880,205 | −1,347 | −0.0% | Reduced |
| MCO MOODY'S CORP | $1.63B | 11.0% | 5,632,705 | −1,644 | −0.0% | Reduced |
| AMT AMERICAN TOWER CORP | $1.60B | 10.8% | 7,130,558 | +97,189 | +1.4% | Added |
| V VISA INC-CLASS A SHARES | $1.15B | 7.7% | 5,242,558 | −812 | −0.0% | Reduced |
| CSGP COSTAR GROUP INC | $892.8M | 6.0% | 965,961 | +7,168 | +0.7% | Added |
| ORLY O'REILLY AUTOMOTIVE INC | $832.6M | 5.6% | 1,839,744 | −764 | −0.0% | Reduced |
| ROP ROPER TECHNOLOGIES INC | $824.7M | 5.6% | 1,913,007 | −638 | −0.0% | Reduced |
| KMX CARMAX INC | $706.5M | 4.8% | 7,479,242 | −905 | −0.0% | Reduced |
| SBAC SBA COMMUNICATIONS CORP | $695.5M | 4.7% | 2,465,000 | — | — | Held |
| KKR KKR & CO INC | $596.3M | 4.0% | 14,726,448 | −920 | −0.0% | Reduced |
| ADBE ADOBE INC | $570.1M | 3.9% | 1,140,000 | — | — | Held |
| BROOKFIELD ASSET MGMT INC | $538.2M | 3.6% | 13,040,575 | −500,000 | −3.7% | Reduced |
| VRSK VERISK ANALYTICS INC | $508.7M | 3.4% | 2,450,461 | — | — | Held |
| DLTR DOLLAR TREE INC | $489.0M | 3.3% | 4,526,552 | −2,069 | −0.0% | Reduced |
| LYV LIVE NATION ENTERTAINMENT IN | $401.9M | 2.7% | 5,469,400 | — | — | Held |
| DHR DANAHER CORP | $367.7M | 2.5% | 1,655,300 | — | — | Held |
| MKL MARKEL GROUP INC | $320.9M | 2.2% | 310,600 | −163,630 | −34.5% | Reduced |
| AKX ANSYS INC | $221.8M | 1.5% | 609,764 | — | — | Held |
| ALRM ALARM.COM HOLDINGS INC | $205.0M | 1.4% | 1,981,858 | — | — | Held |
| CLNSEUR COLONY CAPITAL INC | $51.5M | 0.3% | 10,704,800 | — | — | Held |
| OLLI OLLIE'S BARGAIN OUTLET HOLDI | $40.9M | 0.3% | 500,000 | — | — | Held |
| GSHD GOOSEHEAD INSURANCE INC -A | $30.4M | 0.2% | 243,366 | — | — | Held |
| DSGX DESCARTES SYSTEMS GRP | $12.1M | 0.1% | 207,300 | — | — | Held |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | $4.3M | 0.0% | 18,614 | — | — | Held |
| LAMR LAMAR ADVERTISING CO-A | $4.0M | 0.0% | 48,530 | — | — | Held |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | $1.0M | 0.0% | 3 | — | — | Held |
| BCBUSD PRIMO WATER CORP | $469K | 0.0% | 29,899 | −532,700 | −94.7% | Reduced |
| TTD TRADE DESK INC -CLASS A | $356K | 0.0% | 445 | — | — | Held |
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.