Capco Asset Management, LLC

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, Capco Asset Management, LLC maintained a portfolio of 29 distinct positions. The most significant new addition to the portfolio was LIBERTY BROADBAND CO, which now represents 3.94% of the total fund value. They heavily accumulated shares in ROPER TECHNOLOGIES I, increasing their position by 19.4%. Conversely, Capco Asset Management, LLC completely exited their position in WARNER BROS DISCOVER.
PCA Score Concentration Risk
Risk ENB
Total Positions
29
Quarter
2025 Q4
Top Holding
MAR (18.0%)
Top 10 Concentration
91.9%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 29
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
MAR
MARRIOTT INTL I...
Consumer Cyclical 18.01% 14.68% #1
Prev: #1
7.2 -4,375 -1.8%
P
S
237,357 $73,637,636 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MKL
MARKEL GROUP IN...
Financial Services 13.72% 11.83% #2
Prev: #2
5.5 -458 -1.7%
P
S
26,094 $56,092,967 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ROP
ROPER TECHNOLOG...
Technology 11.99% 10.73% #3 1
Prev: #4
6.9 17,859 19.4%
P
S
110,112 $49,014,155 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
PGR
PROGRESSIVE COR...
Financial Services 10.81% 11.35% #4 1
Prev: #3
4.3 -2,953 -1.5%
P
S
194,173 $44,217,076 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MSFT
MICROSOFT CORP
Technology 8.35% 8.68% #5
Prev: #5
3.3 -1,259 -1.8%
P
S
70,591 $34,139,219 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AMZN
AMAZON COM INC
Consumer Cyclical 7.75% 7.14% #6
Prev: #6
3.1 -2,238 -1.6%
P
S
137,308 $31,693,433 2020 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
ADSK
AUTODESK INC
Technology 6.40% 6.66% #7
Prev: #7
2.6 -1,558 -1.7%
P
S
88,339 $26,149,227 2019 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
LRCX
LAM RESEARCH CO...
Technology 6.26% 4.75% #8 3
Prev: #11
2.5 -2,659 -1.7%
P
S
149,560 $25,601,681 2020 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
BUD
ANHEUSER BUSCH ...
Consumer Defensive 4.72% 4.26% #9 3
Prev: #12
1.9 -5,525 -1.8%
P
S
301,100 $19,282,444 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LBRDK
LIBERTY BROADBA...
Communication Services 3.94% #10
Prev: #—
3.6 331,214 no change
NEW
331,214 $16,097,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GOGO
GOGO INC
Communication Services 3.25% 5.80% #11 2
Prev: #9
1.3 -44,597 -1.5%
P
S
2,848,776 $13,275,296 2022 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
CHTR
CHARTER COMMUNI...
Communication Services 2.30% 6.47% #12 4
Prev: #8
1.1 -55,911 -55.4%
P
S
45,021 $9,398,134 2020 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
TEAM
ATLASSIAN CORPO...
Technology 2.19% 2.06% #13
Prev: #13
0.9 -215 -0.4%
P
S
55,119 $8,936,995 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
COST
COSTCO WHSL COR...
Consumer Defensive 0.08% 0.08% #14
Prev: #14
0.0 no change no change
P
S
380 $327,689 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LSTR
LANDSTAR SYS IN...
Industrials 0.05% 0.04% #15
Prev: #15
0.0 no change no change
P
S
1,300 $186,810 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TSM
TAIWAN SEMICOND...
Technology 0.03% 0.02% #16 4
Prev: #20
2.1 84 29.5%
P
S
369 $112,135 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CERT
CERTARA INC
Healthcare 0.02% 0.02% #17
Prev: #17
2.1 3,367 41.6%
P
S
11,469 $101,042 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
FIX
COMFORT SYSTEMS...
Industrials 0.02% 0.02% #18 1
Prev: #19
0.0 no change no change
P
S
108 $100,795 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
MNDY
MONDAY COM LTD
Technology 0.02% 0.01% #19 4
Prev: #23
2.2 256 79.8%
P
S
577 $85,142 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
GOOG
ALPHABET INC
Communication Services 0.02% 0.01% #20 2
Prev: #22
0.0 no change no change
P
S
260 $81,588 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SPY
SPDR S&P 500 ET...
ETF 0.02% 0.02% #21
Prev: #21
0.0 no change no change
P
S
113 $77,057 2018 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
WDC
WESTERN DIGITAL...
Technology 0.02% 0.02% #22 6
Prev: #16
0.2 -469 -54.5%
P
S
391 $67,358 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
META
META PLATFORMS ...
Communication Services 0.01% 0.01% #23 1
Prev: #24
2.0 7 9.3%
P
S
82 $54,127 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BRK/B
BERKSHIRE HATHA...
Financial Services 0.01% 0.01% #24 1
Prev: #25
0.0 no change no change
P
S
100 $50,265 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WDAY
WORKDAY INC
Technology 0.01% 0.02% #25 7
Prev: #18
0.2 -214 -53.5%
P
S
186 $39,949 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
WBD
WARNER BROS DIS...
Communication Services 0.00% 5.28%
Sold All 😨
(Was: #10)
0.3 -1,160,143 -100.0%
CLOSED
$— 2022 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-25 of 29 holdings

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