SEC 13F Intelligence

Managers / Q2 2023 · view latest →

FENIMORE ASSET MANAGEMENT INC

CIK 0000884566 · 384 N GRAND ST, P O BOX 310, COBLESKILL, NY, 12043 · 5182344393

Reported Value
$4.0B
Q2 2023
Positions
106
Filings on Record
30
2019–present window
Filed
Jul 25, 2023
original filing

Summary

Fenimore Asset Management Inc reported $4.0B in U.S.-listed holdings across 106 positions for Q2 2023.

Its largest position, Cdw Corporation, represents 5.9% of the portfolio.

Compared with Q1 2023, the fund opened 2 new positions and exited 2.

Portfolio Metrics

Turnover
+2.2%
vs prior filed quarter
Top-10 Concentration
+39.5%
share of reported value
Largest Position
+5.9%
Cdw Corporation
New / Exited
2 / 2
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $2.5BQ4 ’18Q1 ’19: $2.8BQ2 ’19: $3.0BQ3 ’19: $3.0BQ4 ’19: $3.3BQ4 ’19Q1 ’20: $2.5BQ2 ’20: $2.8BQ3 ’20: $3.1BQ4 ’20: $3.6BQ4 ’20Q1 ’21: $3.9BQ2 ’21: $4.1BQ3 ’21: $4.1BQ4 ’21: $4.5BQ4 ’21Q1 ’22: $4.1BQ2 ’22: $3.5BQ3 ’22: $3.5BQ2 ’23: $4.0BQ2 ’23Q3 ’23: $3.9BQ4 ’23: $4.3BQ1 ’24: $4.7BQ2 ’24: $4.6BQ2 ’24Q3 ’24: $5.0BQ4 ’24: $4.8BQ1 ’25: $4.7BQ2 ’25: $5.0BQ2 ’25Q3 ’25: $5.0BQ4 ’25: $4.8BQ1 ’26: $4.5Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 67.7%Other: 32.3%ETP: 0.1%
  • Common Stock · 67.7% · $2.7B
  • Other · 32.3% · $1.3B
  • ETP · 0.1% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
Xylem, Inc.NEW+1.8K1.8K+$204,631$204,631
AMATApplied Materials IncNEW+1.4K1.4K+$202,356$202,356
Verisk Analytics Inc.ADDED+13.4K14.4K+$3M$3M
iShares Core S&P Total US StocSOLD OUT−4.5K0−$407,475$0
BURLBurlington Stores, Inc.SOLD OUT−1.3K0−$254,646$0
KMXCarMax, Inc.TRIMMED−248.3K646.3K−$3M$54M
BAMBrookfield Asset Management LtADDED+189.0K884.6K+$6M$29M
Exxon Mobil CorporationTRIMMED−6.5K21.8K−$763,458$2M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CDW CorporationCOM5.86%$235M1.28M
2ROSTRoss Stores, Inc.history →COM4.73%$190M1.69M
3BROBrown & Brown, Inc.history →COM4.65%$186M2.70M
4SYKStryker Corporationhistory →COM4.03%$161M528.8K
5IDEX CorporationCOM4.00%$160M744.2K
6VMCVulcan Materialshistory →COM3.77%$151M671.1K
7APDAir Products & Chemicals, Inc.history →COM3.52%$141M470.7K
8MCHPMicrochip Technology Incorporahistory →COM3.16%$127M1.41M
9MKLMarkel Corporationhistory →COM3.08%$123M89.1K
10FASTFastenal Cohistory →COM2.67%$107M1.81M
11Trane Technologies PLCCOM2.52%$101M528.5K
12APHAmphenol Corp.history →COM2.46%$99M1.16M
13ITWIllinois Tool Works Inc.history →COM2.45%$98M393.2K
14AVYAvery Dennison Corphistory →COM2.45%$98M571.8K
15AJGArthur J. Gallagher & Co.history →COM2.41%$97M440.5K
16ZBRAZebra Technologies Ahistory →COM2.31%$93M313.5K
17GGGGraco Inc.history →COM2.31%$93M1.07M
18ADIAnalog Devices Inchistory →COM2.28%$91M468.3K
19Brookfield CorpCOM2.17%$87M2.59M
20AZOAutoZone, Inc.history →COM2.16%$86M34.7K
21BRK/ABerkshire Hathaway Inc. Ahistory →COM1.55%$62M120
22Pinnacle Financial Partners, ICOM1.54%$62M1.09M
23T Rowe Price Group, Inc.COM1.53%$62M549.1K
24PGRProgressive Corp.history →COM1.39%$56M421.0K
25Booking Holdings Inc.COM1.38%$55M20.4K
26KMXCarMax, Inc.history →COM1.35%$54M646.3K
27Broadridge Financial SolutionsCOM1.23%$49M298.6K
28Entegris, Inc.COM1.22%$49M440.9K
29HEI/AHEICO Corp. Class Ahistory →COM1.19%$48M340.2K
30Fortune Brands Home & Sec IncCOM1.15%$46M638.4K
31EOG Resources, Inc.COM1.14%$46M400.2K
32RSGRepublic Services, Inc.history →COM1.14%$46M298.5K
33DGDollar General Corporationhistory →COM1.08%$43M255.4K
34Steris PLCCOM1.05%$42M186.3K
35SSBUSDSouthState Corporationhistory →COM1.01%$40M612.5K
36PAYXPaychex Inchistory →COM0.95%$38M341.2K
37Fidelity National Info ServiceCOM0.89%$36M653.3K
38Pool CorpCOM0.89%$36M95.3K
39JKHYJack Henry & Associates Inchistory →COM0.86%$34M205.3K
40GenpactCOM0.81%$32M863.5K
41CITCintas Corphistory →COM0.76%$31M61.5K
42BAMBrookfield Asset Management Lthistory →COM0.72%$29M884.6K
43CBZCBIZ, Inc.history →COM0.71%$28M531.6K
44EXLSExlservice Holdings Inc.history →COM0.68%$27M181.0K
45THGThe Hanover Grouphistory →COM0.58%$23M206.1K
46CHHChoice Hotels International, Ihistory →COM0.49%$20M167.8K
47LSTRLandstar System, Inc.history →COM0.48%$19M99.7K
48Trisura Group Ltd.COM0.48%$19M664.0K
49CIGIEURColliers International Group Ihistory →COM0.48%$19M194.0K
50WSOWatsco, Inc.history →COM0.46%$18M48.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$4.5B92May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$4.8B92Feb 2, 202613F-HRchanges · EDGAR ↗
Q3 2025$5.0B91Oct 20, 202513F-HRchanges · EDGAR ↗
Q2 2025$5.0B90Jul 22, 202513F-HRchanges · EDGAR ↗
Q1 2025$4.7B91Apr 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$4.8B94Jan 21, 202513F-HRchanges · EDGAR ↗
Q3 2024$5.0B97Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$4.6B96Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$4.7B97Apr 30, 202413F-HRchanges · EDGAR ↗
Q4 2023$4.3B95Jan 23, 202413F-HRchanges · EDGAR ↗
Q3 2023$3.9B100Oct 19, 202313F-HRchanges · EDGAR ↗
Q2 2023$4.0B106Jul 25, 202313F-HRchanges · EDGAR ↗
Q1 2023under review106Apr 20, 202313F-HRchanges · EDGAR ↗
Q4 2022under review111Jan 17, 202313F-HRchanges · EDGAR ↗
Q3 2022$3.5B108Oct 25, 202213F-HRchanges · EDGAR ↗
Q2 2022$3.5B110Jul 26, 202213F-HRchanges · EDGAR ↗
Q1 2022$4.1B115Apr 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$4.5B124Jan 13, 202213F-HRchanges · EDGAR ↗
Q3 2021$4.1B112Oct 26, 202113F-HRchanges · EDGAR ↗
Q2 2021$4.1B125Jul 15, 202113F-HRchanges · EDGAR ↗
Q1 2021$3.9B119Apr 16, 202113F-HRchanges · EDGAR ↗
Q4 2020$3.6B112Jan 28, 202113F-HRchanges · EDGAR ↗
Q3 2020$3.1B107Oct 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$2.8B107Jul 28, 202013F-HRchanges · EDGAR ↗
Q1 2020$2.5B112Apr 24, 202013F-HRchanges · EDGAR ↗
Q4 2019$3.3B115Jan 16, 202013F-HRchanges · EDGAR ↗
Q3 2019$3.0B121Oct 22, 201913F-HRchanges · EDGAR ↗
Q2 2019$3.0B122Jul 16, 201913F-HRchanges · EDGAR ↗
Q1 2019$2.8B117Apr 11, 201913F-HRchanges · EDGAR ↗
Q4 2018$2.5B119Jan 11, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.