| Stock | Company | % Portfolio | Shares Held | Market Value | Change in Shares | % Change | Quarter End Price | Source |
|---|---|---|---|---|---|---|---|---|
| MKL | MARKEL GROUP INC | 3.01% | 382,732 | $731,538,636 | 46,363 | 13.78% | $1911.36 | 13F |
| CDW | CDW CORP | 2.73% | 4,155,629 | $661,908,587 | 102,919 | 2.54% | $159.28 | 13F |
| BRO | BROWN & BROWN INC | 2.35% | 6,076,399 | $569,905,462 | 330,694 | 5.76% | $93.79 | 13F |
| PAYX | PAYCHEX INC | 2.28% | 4,357,641 | $552,374,573 | 306,228 | 7.56% | $126.76 | 13F |
| MORN | MORNINGSTAR INC | 2.01% | 2,103,702 | $488,079,901 | 990,401 | 88.96% | $232.01 | 13F |
| JLL | JONES LANG LASALLE INC | 1.4% | 1,142,066 | $340,655,446 | 208,576 | 22.34% | $298.28 | 13F |
| CPAY | CORPAY INC | 1.37% | 1,157,534 | $333,439,244 | 31,618 | 2.81% | $288.06 | 13F |
| CP | CANADIAN PACIFIC KANSAS CITY | 1.22% | 3,963,928 | $295,286,141 | 582,922 | 17.24% | $74.49 | 13F |
| BJ | BJS WHSL CLUB HLDGS INC | 1.12% | 2,928,120 | $273,047,190 | 516,661 | 21.43% | $93.25 | 13F |
| NDAQ | NASDAQ INC | 1.08% | 2,970,652 | $262,754,169 | 1,737,608 | 140.92% | $88.45 | 13F |
| PTC | PTC INC | 0.96% | 1,148,097 | $233,086,653 | 373,020 | 48.13% | $203.02 | 13F |
| PKG | PACKAGING CORP AMER | 0.9% | 997,334 | $217,348,999 | 575,088 | 136.2% | $217.93 | 13F |
| WDAY | WORKDAY INC | 0.72% | 728,298 | $175,323,178 | 59,291 | 8.86% | $240.73 | 13F |
| BWXT | BWX TECHNOLOGIES INC | 0.54% | 707,115 | $130,370,793 | 228,825 | 47.84% | $184.37 | 13F |
| FTV | FORTIVE CORP | 0.54% | 2,656,362 | $130,135,174 | 1,088,851 | 69.46% | $48.99 | 13F |
| APH | AMPHENOL CORP NEW | 0.47% | 930,118 | $115,102,103 | 253,232 | 37.41% | $123.75 | 13F |
| GRMN | GARMIN LTD | 0.47% | 468,244 | $115,291,038 | 33,827 | 7.79% | $246.22 | 13F |
| META | META PLATFORMS INC | 0.44% | 145,095 | $106,554,866 | 41,339 | 39.84% | $734.38 | 13F |
| AMZN | AMAZON COM INC | 0.41% | 448,321 | $98,437,842 | 14,310 | 3.3% | $219.57 | 13F |
| APO | APOLLO GLOBAL MGMT INC | 0.38% | 697,358 | $92,936,901 | 8,146 | 1.18% | $133.27 | 13F |
| APG | API GROUP CORP | 0.35% | 2,457,941 | $84,479,432 | 593,829 | 31.86% | $34.37 | 13F |
| DHR | DANAHER CORPORATION | 0.35% | 430,671 | $85,384,832 | 13,264 | 3.18% | $198.26 | 13F |
| TMO | THERMO FISHER SCIENTIFIC INC | 0.32% | 161,479 | $78,320,545 | 15,017 | 10.25% | $485.02 | 13F |
| NET | CLOUDFLARE INC | 0.29% | 323,725 | $69,468,148 | 20,475 | 6.75% | $214.59 | 13F |
| QXO | QXO INC | 0.28% | 3,622,866 | $69,051,826 | 372,631 | 11.46% | $19.06 | 13F |
| DKS | DICKS SPORTING GOODS INC | 0.27% | 289,735 | $64,384,912 | 205,180 | 242.66% | $222.22 | 13F |
| OWL | BLUE OWL CAPITAL INC | 0.26% | 3,739,246 | $63,305,435 | 983,878 | 35.71% | $16.93 | 13F |
| USLM | UNITED STS LIME & MINERALS I | 0.23% | 418,728 | $55,083,668 | 62,538 | 17.56% | $131.55 | 13F |
| JOE | ST JOE CO | 0.21% | 1,023,600 | $50,647,728 | 890,541 | 669.28% | $49.48 | 13F |
| CARG | CARGURUS INC | 0.18% | 1,203,723 | $44,814,607 | 153,479 | 14.61% | $37.23 | 13F |
| OSW | ONESPAWORLD HOLDINGS LIMITED | 0.14% | 1,643,411 | $34,741,709 | 224,654 | 15.83% | $21.14 | 13F |
| PII | POLARIS INC | 0.13% | 545,177 | $31,691,139 | 24,852 | 4.78% | $58.13 | 13F |
| CWST | CASELLA WASTE SYS INC | 0.12% | 312,780 | $29,676,566 | 80,786 | 34.82% | $94.88 | 13F |
| CDRE | CADRE HLDGS INC | 0.11% | 733,852 | $26,792,937 | 248,487 | 51.2% | $36.51 | 13F |
| FMC | FMC CORP (Call) | 0.11% | 813,100 | $27,344,553 | 220,000 | 37.09% | $33.63 | 13F |
| CHEF | CHEFS WHSE INC | 0.1% | 433,787 | $25,302,796 | 40,504 | 10.3% | $58.33 | 13F |
| FORM | FORMFACTOR INC | 0.1% | 667,412 | $24,307,145 | 49,870 | 8.08% | $36.42 | 13F |
| ALKT | ALKAMI TECHNOLOGY INC | 0.09% | 858,667 | $21,329,288 | 282,414 | 49.01% | $24.84 | 13F |
| LAMR | LAMAR ADVERTISING CO NEW | 0.09% | 186,630 | $22,847,245 | 98,545 | 111.87% | $122.42 | 13F |
| WAY | WAYSTAR HLDG CORP | 0.09% | 545,413 | $20,682,061 | 270,247 | 98.21% | $37.92 | 13F |
| CSW | CSW INDUSTRIALS INC | 0.08% | 83,045 | $20,159,174 | 39,204 | 89.42% | $242.75 | 13F |
| IRDM | IRIDIUM COMMUNICATIONS INC | 0.08% | 1,061,453 | $18,532,969 | 60,103 | 6% | $17.46 | 13F |
| ALRM | ALARM COM HLDGS INC | 0.07% | 312,109 | $16,566,746 | 93,468 | 42.75% | $53.08 | 13F |
| KAI | KADANT INC | 0.07% | 60,843 | $18,105,660 | 16,194 | 36.27% | $297.58 | 13F |
| BMI | BADGER METER INC | 0.06% | 83,186 | $14,855,356 | 34,062 | 69.34% | $178.58 | 13F |
| BL | BLACKLINE INC | 0.06% | 267,022 | $14,178,868 | 57,311 | 27.33% | $53.1 | 13F |
| BOOT | BOOT BARN HLDGS INC | 0.06% | 86,366 | $14,312,574 | 22,956 | 36.2% | $165.72 | 13F |
| CERT | CERTARA INC | 0.06% | 1,120,096 | $13,687,573 | 293,452 | 35.5% | $12.22 | 13F |
| FELE | FRANKLIN ELEC INC | 0.06% | 141,715 | $13,491,268 | 11,555 | 8.88% | $95.2 | 13F |
| LOAR | LOAR HOLDINGS INC | 0.06% | 167,826 | $13,426,080 | 104,520 | 165.1% | $80 | 13F |
| WINA | WINMARK CORP | 0.06% | 31,422 | $15,640,929 | 4,218 | 15.51% | $497.77 | 13F |
| ADEA | ADEIA INC | 0.05% | 669,059 | $11,240,191 | 127,161 | 23.47% | $16.8 | 13F |
| CIEN | CIENA CORP | 0.05% | 83,538 | $12,168,980 | 13,665 | 19.56% | $145.67 | 13F |
| COHR | COHERENT CORP | 0.05% | 113,699 | $12,247,656 | 7,921 | 7.49% | $107.72 | 13F |
| MYRG | MYR GROUP INC DEL | 0.05% | 57,614 | $11,985,440 | 607 | 1.06% | $208.03 | 13F |
| VRRM | VERRA MOBILITY CORP | 0.05% | 500,906 | $12,372,378 | 91,465 | 22.34% | $24.7 | 13F |
| CLBT | CELLEBRITE DI LTD | 0.05% | 666,650 | $12,353,025 | 319,284 | 91.92% | $18.53 | 13F |
| ACA | ARCOSA INC | 0.04% | 104,702 | $9,811,624 | 21,000 | 25.09% | $93.71 | 13F |
| DOOO | BRP INC | 0.04% | 160,037 | $9,732,881 | 123,021 | 332.35% | $60.82 | 13F |
| GOGO | GOGO INC | 0.04% | 1,130,279 | $9,709,097 | 630,272 | 126.05% | $8.59 | 13F |
| PTON | PELOTON INTERACTIVE INC | 0.04% | 1,102,811 | $9,925,299 | 589,897 | 115.01% | $9 | 13F |
| MRCY | MERCURY SYS INC | 0.03% | 103,848 | $8,037,835 | 20,078 | 23.97% | $77.4 | 13F |
| MLAB | MESA LABS INC | 0.03% | 126,715 | $8,491,172 | 24,517 | 23.99% | $67.01 | 13F |
| SPSC | SPS COMM INC | 0.03% | 66,125 | $6,886,258 | 10,807 | 19.54% | $104.14 | 13F |
| GSHD | GOOSEHEAD INS INC | 0.02% | 65,839 | $4,899,738 | 22,507 | 51.94% | $74.42 | 13F |
| INTC | INTEL CORP | 0.02% | 176,381 | $5,917,583 | 150,622 | 584.74% | $33.55 | 13F |
| VFC | V F CORP (Call) | 0.02% | 256,200 | $3,696,966 | 26,100 | 11.34% | $14.43 | 13F |
| GFS | GLOBALFOUNDRIES INC | 0.01% | 69,800 | $2,501,632 | 54,891 | 368.17% | $35.84 | 13F |