SEC 13F Intelligence

Managers / Q3 2020 · view latest →

Capco Asset Management, LLC

CIK 0001698068 · 101 E. KENNEDY BOULEVARD, SUITE 1425, TAMPA, FL, 33602 · 813-805-0777

Reported Value
$252M
Q3 2020
Positions
23
Filings on Record
30
2019–present window
Filed
Nov 5, 2020
original filing

Summary

Capco Asset Management, LLC reported $252M in U.S.-listed holdings across 23 positions for Q3 2020.

Its largest position, PGR, represents 14.7% of the portfolio.

Compared with Q2 2020, the fund opened 1 new position and exited 0.

Portfolio Metrics

Turnover
+8.6%
vs prior filed quarter
Top-10 Concentration
+91.4%
share of reported value
Largest Position
+14.7%
Progressive

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: $152MQ4 ’18Q1 ’19: $173MQ2 ’19: $181MQ3 ’19: $201MQ4 ’19: $221MQ4 ’19Q1 ’20: $211MQ2 ’20: $233MQ3 ’20: $252MQ4 ’20: $290MQ4 ’20Q1 ’21: $296MQ2 ’21: $341MQ3 ’21: $341MQ4 ’21: $363MQ4 ’21Q1 ’22: $388MQ2 ’22: $331MQ3 ’22: $298MQ4 ’22: $354MQ4 ’22Q1 ’23: $382MQ2 ’23: $388MQ3 ’23: $386MQ4 ’23: $417MQ4 ’23Q1 ’24: $417MQ2 ’24: $423MQ3 ’24: $433MQ4 ’24: $445MQ4 ’24Q1 ’25: $423MQ2 ’25: $475MQ3 ’25: $429MQ4 ’25: $409MQ4 ’25Q1 ’26: $367Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 84.5%Other: 15.5%
  • Common Stock · 84.5% · $213M
  • Other · 15.5% · $39M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
LRCXEURLAM RESEARCH CORPNEW+40.5K40.5K+$13M$13M
AAPLAPPLE INCTRIMMED−30.6K1.4K−$12M$168,000
RAVNRAVEN INDS INCADDED+135.8K523.8K+$3M$11M
ADSKAUTODESK INCTRIMMED−28.6K141.8K−$8M$33M
MSFTMICROSOFT CORPTRIMMED−11.5K165.7K−$1M$35M
CHARTER COMMUNICATIONS INC NHELD+16639.7K+$5M$25M
ANHEUSER-BUSCH INBEV SA/NVHELD+632252.3K+$1M$14M
MARMARRIOTT INTL INC NEWHELD+551292.5K+$2M$27M

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

Holdings — Q3 2020

23 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1PGRPROGRESSIVE CORPhistory →COM14.69%$37M390.8K
2MSFTMICROSOFT CORPhistory →COM13.84%$35M165.7K
3ADSKAUTODESK INChistory →COM13.01%$33M141.8K
4MARMARRIOTT INTL INC NEWhistory →CL A10.75%$27M292.5K
5CHARTER COMMUNICATIONS INC NCL A9.85%$25M39.7K
6BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW7.73%$19M91.4K
7RBAGBPRITCHIE BROS AUCTIONEERShistory →COM5.90%$15M250.8K
8ANHEUSER-BUSCH INBEV SA/NVSPONSORED ADR5.40%$14M252.3K
9LRCXEURLAM RESEARCH CORPhistory →COM5.34%$13M40.5K
10AMZNAMAZON COM INChistory →COM4.84%$12M3.9K
11RAVNRAVEN INDS INChistory →COM4.48%$11M523.8K
12ROPROPER TECHNOLOGIES INChistory →COM3.60%$9M22.9K
13C H ROBINSON WORLDWIDE INCCOM NEW0.08%$194,0001.9K
14FDSFACTSET RESEARCH SYSTEMSCOM0.07%$176,000525
15AAPLAPPLE INCCOM0.07%$168,0001.4K
16LSTRLANDSTAR SYS INCCOM0.06%$163,0001.3K
17COSTAR GROUP INCCOM0.06%$161,000190
18RGRSTURM RUGER & CO INCCOM0.06%$159,0002.6K
19KMXCARMAX INCCOM0.06%$151,0001.6K
20COSTCO WHSL CORP NEWCOM0.05%$135,000380
21SPDR S&P 500 ETF TRTR UNIT0.05%$116,000346
22ACTIVISION BLIZZARD INCCOM0.00%$7,00084
23CENTENE CORP DELCOM0.00%$1,00016

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$367M27May 8, 202613F-HRchanges · EDGAR ↗
Q4 2025$409M28Feb 6, 202613F-HRchanges · EDGAR ↗
Q3 2025$429M27Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$475M27Aug 8, 202513F-HRchanges · EDGAR ↗
Q1 2025$423M18May 12, 202513F-HRchanges · EDGAR ↗
Q4 2024$445M18Feb 11, 202513F-HRchanges · EDGAR ↗
Q3 2024$433M18Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$423M18Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$417M18May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$417M17Feb 7, 202413F-HRchanges · EDGAR ↗
Q3 2023$386M20Nov 3, 202313F-HRchanges · EDGAR ↗
Q2 2023$388M20Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$382M20May 10, 202313F-HRchanges · EDGAR ↗
Q4 2022$354M20Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$298M20Nov 7, 202213F-HRchanges · EDGAR ↗
Q2 2022$331M23Aug 8, 202213F-HRchanges · EDGAR ↗
Q1 2022$388M25May 6, 202213F-HRchanges · EDGAR ↗
Q4 2021$363M26Feb 7, 202213F-HRchanges · EDGAR ↗
Q3 2021$341M27Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$341M28Aug 9, 202113F-HRchanges · EDGAR ↗
Q1 2021$296M25May 7, 202113F-HRchanges · EDGAR ↗
Q4 2020$290M25Feb 4, 202113F-HRchanges · EDGAR ↗
Q3 2020$252M23Nov 5, 202013F-HRchanges · EDGAR ↗
Q2 2020$233M22Aug 6, 202013F-HRchanges · EDGAR ↗
Q1 2020$211M22May 5, 202013F-HRchanges · EDGAR ↗
Q4 2019$221M21Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$201M22Nov 6, 201913F-HRchanges · EDGAR ↗
Q2 2019$181M20Aug 8, 201913F-HRchanges · EDGAR ↗
Q1 2019$173M22May 3, 201913F-HRchanges · EDGAR ↗
Q4 2018$152M21Feb 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 ↗.