SEC 13F Intelligence

Managers / Q4 2020 · view latest →

Capco Asset Management, LLC

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

Reported Value
$290M
Q4 2020
Positions
25
Filings on Record
30
2019–present window
Filed
Feb 4, 2021
original filing

Summary

Capco Asset Management, LLC reported $290M in U.S.-listed holdings across 25 positions for Q4 2020.

Its largest position, PGR, represents 13.3% of the portfolio.

Compared with Q3 2020, the fund opened 2 new positions and exited 0.

Portfolio Metrics

Turnover
+2.3%
vs prior filed quarter
Top-10 Concentration
+92.2%
share of reported value
Largest Position
+13.3%
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: 82.9%Other: 17.1%
  • Common Stock · 82.9% · $241M
  • Other · 17.1% · $50M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FRP HLDGS INCNEW+46.5K46.5K+$2M$2M
PATRIOT TRANSN HLDG INC COMNEW+44.2K44.2K+$388,000$388,000
RBAGBPRITCHIE BROS AUCTIONEERSTRIMMED−125.3K125.5K−$6M$9M
SPDR S&P 500 ETF TRTRIMMED−172174−$51,000$65,000
RAVNRAVEN INDS INCADDED+102.9K626.7K+$9M$21M
ADSKAUTODESK INCTRIMMED−25.8K116.0K+$3M$35M
CHARTER COMMUNICATIONS INC NADDED+4.5K44.2K+$4M$29M
MSFTMICROSOFT CORPHELD−5.2K160.5K+$853,000$36M

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

Holdings — Q4 2020

25 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1PGRPROGRESSIVE CORPhistory →COM13.29%$39M390.0K
2MARMARRIOTT INTL INC NEWhistory →CL A13.02%$38M286.3K
3MSFTMICROSOFT CORPhistory →COM12.30%$36M160.5K
4ADSKAUTODESK INChistory →COM12.21%$35M116.0K
5CHARTER COMMUNICATIONS INC NCL A10.08%$29M44.2K
6BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW7.25%$21M90.7K
7RAVNRAVEN INDS INChistory →COM7.15%$21M626.7K
8LRCXEURLAM RESEARCH CORPhistory →COM6.59%$19M40.5K
9ANHEUSER-BUSCH INBEV SA/NVSPONSORED ADR5.94%$17M246.4K
10AMZNAMAZON.COM INChistory →COM4.40%$13M3.9K
11ROPROPER TECHNOLOGIES INChistory →COM3.40%$10M22.9K
12RBAGBPRITCHIE BROS AUCTIONEERShistory →COM3.01%$9M125.5K
13FRP HLDGS INCCOM0.73%$2M46.5K
14PATRIOT TRANSN HLDG INC COMCOM0.13%$388,00044.2K
15AAPLAPPLE INCCOM0.07%$192,0001.4K
16C.H. ROBINSON WORLDWIDE INCCOM NEW0.06%$178,0001.9K
17COSTAR GROUP INCCOM0.06%$176,000190
18FDSFACTSET RESH SYS INCCOM0.06%$175,000525
19LSTRLANDSTAR SYS INCCOM0.06%$175,0001.3K
20RGRSTURM RUGER & COCOM0.06%$169,0002.6K
21KMXCARMAX INCCOM0.05%$155,0001.6K
22COSTCO WHSL CORP NEWCOM0.05%$143,000380
23SPDR S&P 500 ETF TRTR UNIT0.02%$65,000174
24ACTIVISION BLIZZARD INCCOM0.00%$8,00084
25CENTENE 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 ↗.