SEC 13F Intelligence

Managers / Q4 2022 · view latest →

River Road Asset Management, LLC

CIK 0001341401 · 462 SOUTH FOURTH STREET, SUITE 2000, LOUISVILLE, KY, 40202 · 5023714100

Reported Value
$7.3B
Q4 2022
Positions
173
Filings on Record
30
2019–present window
Filed
Feb 1, 2023
original filing

Summary

River Road Asset Management, LLC reported $7.3B in U.S.-listed holdings across 173 positions for Q4 2022.

Its largest position, LKQ1, represents 3.2% of the portfolio.

Compared with Q3 2022, the fund opened 14 new positions and exited 11.

Portfolio Metrics

Turnover
+9.9%
vs prior filed quarter
Top-10 Concentration
+23.3%
share of reported value
Largest Position
+3.2%
Lkq Corporation
New / Exited
14 / 11
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: $4.1BQ4 ’18Q1 ’19: $4.5BQ2 ’19: $5.1BQ3 ’19: $5.3BQ4 ’19: $6.3BQ4 ’19Q1 ’20: $4.5BQ2 ’20: $5.8BQ3 ’20: $6.1BQ4 ’20: $7.0BQ4 ’20Q1 ’21: $8.3BQ2 ’21: $9.3BQ3 ’21: $9.0BQ4 ’21: $9.4BQ4 ’21Q1 ’22: $9.1BQ2 ’22: $7.1BQ3 ’22: $6.7BQ4 ’22: $7.3BQ4 ’22Q1 ’23: $7.3BQ2 ’23: $7.2BQ3 ’23: $7.0BQ4 ’23: $7.2BQ4 ’23Q1 ’24: $7.4BQ2 ’24: $7.0BQ3 ’24: $7.6BQ4 ’24: $7.5BQ4 ’24Q1 ’25: $7.4BQ2 ’25: $7.9BQ3 ’25: $8.9BQ4 ’25: $9.1BQ4 ’25Q1 ’26: $8.8Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 89.7%Other: 9.6%REIT: 0.4%Tracking Stk: 0.2%MLP: 0.1%Other: 0.0%
  • Common Stock · 89.7% · $6.5B
  • Other · 9.6% · $702M
  • REIT · 0.4% · $30M
  • Tracking Stk · 0.2% · $12M
  • MLP · 0.1% · $10M
  • Other · 0.0% · $850,260

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TRUTransUnionNEW+938.7K938.7K+$53M$53M
RDNRadian Group Inc.NEW+2.52M2.52M+$48M$48M
CABOCable One, Inc.NEW+59.4K59.4K+$42M$42M
BXBlackstone Inc.NEW+510.7K510.7K+$38M$38M
BAXBaxter International Inc.NEW+693.4K693.4K+$35M$35M
EVREvercore Inc. Class ANEW+150.6K150.6K+$16M$16M
VRRMVerra Mobility Corp. Class ANEW+630.2K630.2K+$9M$9M
ATRAptarGroup, Inc.NEW+52.5K52.5K+$6M$6M

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

Holdings — Q4 2022

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1LKQ1LKQ Corporationhistory →COM3.20%$234M4.38M
2Air Transport Services Group,COM2.98%$217M8.37M
3White Mountains Insurance GrouCOM2.70%$197M139.4K
42655957DPremier, Inc. Class Ahistory →COM2.69%$196M5.61M
5UNFUniFirst Corporationhistory →COM2.48%$181M938.5K
6BJBJ's Wholesale Club Holdings,history →COM2.11%$154M2.33M
7BRK/BBerkshire Hathaway Inc. Classhistory →COM2.06%$150M485.7K
8ATKRAtkore Inchistory →COM1.79%$130M1.15M
9SUXTD SYNNEX Corporationhistory →COM1.67%$122M1.29M
10AWNAdvance Auto Parts, Inc.history →COM1.65%$120M819.0K
11CNNECannae Holdings, Inc.history →COM1.62%$118M5.71M
12VSTVistra Corp.history →COM1.37%$100M4.33M
13CXWCoreCivic, Inc.history →COM1.36%$99M8.59M
14Axis Capital Holdings LimitedCOM1.36%$99M1.83M
15AWGAsbury Automotive Group, Inc.history →COM1.34%$98M545.9K
16USBU.S. Bancorphistory →COM1.34%$97M2.23M
17Willis Towers Watson Public LiCOM1.33%$97M397.9K
18AWIArmstrong World Industries, Inhistory →COM1.33%$97M1.41M
19TAPMolson Coors Beverage Companyhistory →COM1.31%$96M1.86M
20GNWGenworth Financial, Inc. Classhistory →COM1.30%$95M17.90M
21WEXWEX Inc.history →COM1.25%$92M559.2K
22AELUSDAmerican Equity Investment Lifhistory →COM1.24%$91M1.99M
23CSLCarlisle Companies Incorporatehistory →COM1.16%$84M358.3K
24FISVFiserv, Inc.history →COM1.15%$84M833.3K
25PLUSePlus inc.history →COM1.15%$84M1.90M
26MUSAMurphy USA, Inc.history →COM1.13%$83M295.7K
27TSAACI Worldwide, Inc.history →COM1.12%$82M3.55M
28UNVREURUnivar Solutions Inc.history →COM1.09%$80M2.51M
29PRPermian Resources Corporationhistory →COM1.09%$79M8.44M
30PDCOEURPatterson Companies Incorporathistory →COM1.08%$79M2.82M
31VYXNCR Corporationhistory →COM1.04%$76M3.26M
32AESAES Corporationhistory →COM1.03%$75M2.60M
33ALITEURAlight, Inc. Class Ahistory →COM1.02%$75M8.93M
34IMKTAIngles Markets, Incorporated Chistory →COM1.02%$74M771.4K
35SMSM Energy Companyhistory →COM0.99%$72M2.08M
36ORCLOracle Corporationhistory →COM0.98%$72M875.3K
37MGRCMcGrath RentCorphistory →COM0.94%$69M697.9K
38FIXComfort Systems USA, Inc.history →COM0.93%$68M592.4K
39PFEPfizer Inc.history →COM0.90%$66M1.29M
40EVTCEVERTEC, Inc.history →COM0.90%$66M2.04M
41VNTVontier Corphistory →COM0.90%$66M3.40M
42AGXArgan, Inc.history →COM0.89%$65M1.77M
43KRKroger Co.history →COM0.83%$60M1.36M
44UPSUnited Parcel Service, Inc. Clhistory →COM0.82%$60M344.8K
45Leslie's, Inc.COM0.82%$60M4.88M
46SP Plus CorporationCOM0.81%$59M1.71M
47Ferguson PlcCOM0.81%$59M463.5K
48MDUMDU Resources Group Inchistory →COM0.80%$58M1.92M
49YELPYelp Inchistory →COM0.75%$55M2.01M
50Axalta Coating Systems Ltd.COM0.75%$55M2.15M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$8.8B176Apr 30, 202613F-HRchanges · EDGAR ↗
Q4 2025$9.1B175Feb 24, 202613F-HRchanges · EDGAR ↗
Q3 2025$8.9B176Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$7.9B182Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$7.4B181May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$7.5B172Feb 7, 202513F-HRchanges · EDGAR ↗
Q3 2024$7.6B172Oct 30, 202413F-HRchanges · EDGAR ↗
Q2 2024$7.0B173Jul 19, 202413F-HRchanges · EDGAR ↗
Q1 2024$7.4B165Apr 26, 202413F-HRchanges · EDGAR ↗
Q4 2023$7.2B166Jan 31, 202413F-HRchanges · EDGAR ↗
Q3 2023$7.0B176Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$7.2B175Jul 20, 202313F-HRchanges · EDGAR ↗
Q1 2023$7.3B172Apr 27, 202313F-HRchanges · EDGAR ↗
Q4 2022$7.3B173Feb 1, 202313F-HRchanges · EDGAR ↗
Q3 2022$6.7B170Nov 4, 202213F-HRchanges · EDGAR ↗
Q2 2022$7.1B162Jul 20, 202213F-HRchanges · EDGAR ↗
Q1 2022$9.1B151May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$9.4B156Feb 1, 202213F-HRchanges · EDGAR ↗
Q3 2021$9.0B151Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$9.3B157Aug 10, 202113F-HRchanges · EDGAR ↗
Q1 2021$8.3B162May 12, 202113F-HRchanges · EDGAR ↗
Q4 2020$7.0B142Feb 10, 202113F-HRchanges · EDGAR ↗
Q3 2020$6.1B148Nov 9, 202013F-HRchanges · EDGAR ↗
Q2 2020$5.8B144Aug 12, 202013F-HRchanges · EDGAR ↗
Q1 2020$4.5B159May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$6.3B155Feb 12, 202013F-HRchanges · EDGAR ↗
Q3 2019$5.3B158Nov 5, 201913F-HRchanges · EDGAR ↗
Q2 2019$5.1B163Aug 12, 201913F-HRchanges · EDGAR ↗
Q1 2019$4.5B159May 2, 201913F-HRchanges · EDGAR ↗
Q4 2018$4.1B163Feb 6, 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 ↗.