Broad Run Investment Management, LLC reported 23 positions worth $639.47M for the quarter ended Jun 30, 2026, up 14.4% on the prior quarter. It opened 0 new positions, added to 0, trimmed 16 and exited 0. Its largest holding is AST SpaceMobile, Inc. at 20.2% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
No positions were added to this quarter.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| SHEN Shenandoah Telecommunications Co | -219.7K | -25.0% | $3.31M | 1.55% |
| ASTS AST SpaceMobile, Inc. | -7,125 | -0.5% | $633.13K | 20.23% |
| AMAT Applied Materials Inc | -808 | -0.5% | $584.18K | 16.68% |
| GOOG Alphabet Inc. | -1,128 | -2.0% | $398.56K | 3.01% |
| BN BROOKFIELD Corp | -6,766 | -0.6% | $288.16K | 8.02% |
| MKL Markel Group Inc. | -131 | -0.6% | $255.84K | 6.28% |
| SUNB Sunbelt Rentals Holdings, Inc. | -2,452 | -0.3% | $179.35K | 8.03% |
| ORLY O Reilly Automotive Inc | -1,871 | -0.5% | $172.30K | 5.43% |
| AON Aon plc | -507 | -0.5% | $168.17K | 5.22% |
| AMT American Tower Corp | -573 | -0.5% | $93.73K | 2.69% |
No new positions this quarter.
No positions were closed this quarter.
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | ASTS AST SpaceMobile, Inc. | Communication Services | 1.46M | $129.38M | 20.23% | -7,125 | -0.5% | Reduced | 0.49% |
| 2 | AMAT Applied Materials Inc | Technology | 147.5K | $106.65M | 16.68% | -808 | -0.5% | Reduced | 0.02% |
| 3 | SUNB Sunbelt Rentals Holdings, Inc. | Industrials | 702.1K | $51.35M | 8.03% | -2,452 | -0.3% | Reduced | 0.17% |
| 4 | BN BROOKFIELD Corp | Financial Services | 1.20M | $51.28M | 8.02% | -6,766 | -0.6% | Reduced | 0.05% |
| 5 | MKL Markel Group Inc. | Financial Services | 20.6K | $40.19M | 6.28% | -131 | -0.6% | Reduced | 0.16% |
| 6 | ORLY O Reilly Automotive Inc | Consumer Discretionary | 376.8K | $34.70M | 5.43% | -1,871 | -0.5% | Reduced | 0.05% |
| 7 | AON Aon plc | Financial Services | 100.7K | $33.38M | 5.22% | -507 | -0.5% | Reduced | 0.05% |
| 8 | BAM Brookfield Asset Management Ltd. | Financial Services | 602.7K | $27.03M | 4.23% | -928 | -0.2% | Reduced | 0.04% |
| 9 | HLT Hilton Worldwide Holdings Inc. | Consumer Discretionary | 64.1K | $21.20M | 3.31% | 0 | 0.0% | Unchanged | 0.03% |
| 10 | GOOG Alphabet Inc. | Technology | 54.4K | $19.23M | 3.01% | -1,128 | -2.0% | Reduced | 0% |
| 11 | NVR Nvr Inc | Consumer Discretionary | 2,662 | $18.14M | 2.84% | -11 | -0.4% | Reduced | 0.1% |
| 12 | CDW CDW Corp | Technology | 124.3K | $17.48M | 2.73% | -301 | -0.2% | Reduced | 0.1% |
| 13 | AMT American Tower Corp | Real Estate | 105.0K | $17.18M | 2.69% | -573 | -0.5% | Reduced | 0.02% |
| 14 | KMX Carmax Inc | Consumer Discretionary | 283.2K | $14.98M | 2.34% | -1,159 | -0.4% | Reduced | 0.2% |
| 15 | TDG TransDigm Group INC | Industrials | 10.8K | $14.39M | 2.25% | 0 | 0.0% | Unchanged | 0.02% |
Tip. Select a row to see that position’s full history at Broad Run Investment Management.
As of its Q2 2026 13F filing, Broad Run Investment Management, LLC’s five largest positions were AST SpaceMobile, Inc. (ASTS) at 20.2%, Applied Materials Inc (AMAT) at 16.7%, Sunbelt Rentals Holdings, Inc. (SUNB) at 8.0%, BROOKFIELD Corp (BN) at 8.0%, Markel Group Inc. (MKL) at 6.3% of the reported portfolio.
Broad Run Investment Management, LLC reported a 13F portfolio worth $639.47M across 23 positions for Q2 2026. That is up 14.4% from the previous quarter.
Its largest sales by value were Shenandoah Telecommunications Co ($3.31M), AST SpaceMobile, Inc. ($633.13K), Applied Materials Inc ($584.18K). It exited 0 positions entirely.
From the Form 13F-HR reports Broad Run Investment Management, LLC files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.