Managers / Q4 2019 · view latest →
Capco Asset Management, LLC
CIK 0001698068 · 101 E. KENNEDY BOULEVARD, SUITE 1425, TAMPA, FL, 33602 · 813-805-0777
Summary
Capco Asset Management, LLC reported $221M in U.S.-listed holdings across 21 positions for Q4 2019.
Its largest position, MSFT, represents 14.8% of the portfolio.
Compared with Q3 2019, the fund opened 0 new positions and exited 1.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 84.6% · $187M
- Other · 15.4% · $34M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2019 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ANHEUSER-BUSCH INBEV/NV | ADDED | +72.2K | 141.0K | +$5M | $12M |
| CAMPING WORLD HLDGS INC | SOLD OUT | −54.0K | 0 | −$481,000 | $0 |
| SPDR S&P 500 ETF TR | TRIMMED | −330 | 346 | −$90,000 | $111,000 |
| RBAGBPRITCHIE BROS AUCTIONEERS | TRIMMED | −140.1K | 389.7K | −$4M | $17M |
| LSTRLANDSTAR SYS INC | HELD | +1.1K | 89.1K | +$239,000 | $10M |
| C H ROBINSON WORLDWIDE INC | HELD | +1.7K | 205.5K | −$1M | $16M |
| PGRPROGRESSIVE CORP OHIO | HELD | +2.6K | 316.0K | −$1M | $23M |
| MARMARRIOTT INTL INC NEW | HELD | +1.5K | 181.7K | +$5M | $28M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2019
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | MSFTMICROSOFT CORPhistory → | COM | 14.82% | $33M | 207.6K |
| 2 | AAPLAPPLE INChistory → | COM | 13.42% | $30M | 100.9K |
| 3 | MARMARRIOTT INTL INC NEWhistory → | CL A | 12.46% | $28M | 181.7K |
| 4 | PGRPROGRESSIVE CORP OHIOhistory → | COM | 10.36% | $23M | 316.0K |
| 5 | ADSKAUTODESK INChistory → | COM | 10.16% | $22M | 122.4K |
| 6 | RBAGBPRITCHIE BROS AUCTIONEERShistory → | COM | 7.58% | $17M | 389.7K |
| 7 | C H ROBINSON WORLDWIDE INC | COM NEW | 7.28% | $16M | 205.5K |
| 8 | BRK/BBERKSHIRE HATHAWAY INC DELhistory → | CL B NEW | 6.34% | $14M | 61.8K |
| 9 | ANHEUSER-BUSCH INBEV/NV | SPONSORED ADR | 5.24% | $12M | 141.0K |
| 10 | LSTRLANDSTAR SYS INChistory → | COM | 4.59% | $10M | 89.1K |
| 11 | RAVNRAVEN INDS INChistory → | COM | 4.52% | $10M | 289.7K |
| 12 | COSTCO WHSL CORP NEW | COM | 2.78% | $6M | 20.9K |
| 13 | RGRSTURM RUGER & CO INC | COM | 0.23% | $502,000 | 10.7K |
| 14 | KMXCARMAX INC | COM | 0.07% | $144,000 | 1.6K |
| 15 | FDSFACTSET RESH SYS INC | COM | 0.06% | $141,000 | 525 |
| 16 | COSTAR GROUP INC | COM | 0.05% | $114,000 | 190 |
| 17 | SPDR S&P 500 ETF TR | TR UNIT | 0.05% | $111,000 | 346 |
| 18 | ACTIVISION BLIZZARD INC | COM | 0.00% | $5,000 | 84 |
| 19 | ROPROPER TECHNOLOGIES INC | COM | 0.00% | $2,000 | 5 |
| 20 | WELLCARE HEALTH PLANS INC | COM | 0.00% | $2,000 | 5 |
| 21 | AMBEV SA | SPONSORED ADR | 0.00% | $0 | 100 |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $367M | 27 | May 8, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $409M | 28 | Feb 6, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $429M | 27 | Nov 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $475M | 27 | Aug 8, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $423M | 18 | May 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $445M | 18 | Feb 11, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $433M | 18 | Nov 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $423M | 18 | Aug 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $417M | 18 | May 10, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $417M | 17 | Feb 7, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $386M | 20 | Nov 3, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $388M | 20 | Aug 10, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $382M | 20 | May 10, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $354M | 20 | Feb 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $298M | 20 | Nov 7, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $331M | 23 | Aug 8, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $388M | 25 | May 6, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $363M | 26 | Feb 7, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $341M | 27 | Nov 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $341M | 28 | Aug 9, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $296M | 25 | May 7, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $290M | 25 | Feb 4, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $252M | 23 | Nov 5, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $233M | 22 | Aug 6, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $211M | 22 | May 5, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $221M | 21 | Feb 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $201M | 22 | Nov 6, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $181M | 20 | Aug 8, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $173M | 22 | May 3, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $152M | 21 | Feb 6, 2019 | 13F-HR | changes · 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 ↗.