SEC 13F Intelligence

Managers / Q2 2024 · view latest →

Capco Asset Management, LLC

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

Reported Value
$423M
Q2 2024
Positions
18
Filings on Record
30
2019–present window
Filed
Aug 12, 2024
original filing

Summary

Capco Asset Management, LLC reported $423M in U.S.-listed holdings across 18 positions for Q2 2024.

Its largest position, PGR, represents 16.4% of the portfolio.

The book was largely unchanged from Q1 2024.

Portfolio Metrics

Turnover
+2.5%
vs prior filed quarter
Top-10 Concentration
+91.1%
share of reported value
Largest Position
+16.4%
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: 80.7%Other: 19.3%
  • Common Stock · 80.7% · $341M
  • Other · 19.3% · $82M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FRP HLDGS INCADDED+100200−$436$5,704
SPDR S&P 500 ETF TRADDED+519+$3,017$10,340
WBDWARNER BROS DISCOVERY INCTRIMMED−364.7K3.06M−$7M$23M
AMZNAMAZON COM INCHELD+2.5K147.5K+$2M$29M
GOGO INCHELD+41.9K2.48M+$2M$24M
ANHEUSER BUSCH INBEV SA/NVHELD+7.2K426.7K−$685,154$25M
ADSKAUTODESK INCHELD+1.6K97.2K−$842,669$24M
CHARTER COMMUNICATIONS INC NHELD+1.8K109.3K+$1M$33M

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

Holdings — Q2 2024

18 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1PGRPROGRESSIVE CORPhistory →COM16.38%$69M333.2K
2MARMARRIOTT INTL INC NEWhistory →CL A14.62%$62M255.6K
3MSFTMICROSOFT CORPhistory →COM11.11%$47M105.1K
4MKLMARKEL GROUP INChistory →COM10.72%$45M28.8K
5CHARTER COMMUNICATIONS INC NCL A7.74%$33M109.3K
6AMZNAMAZON COM INChistory →COM6.74%$29M147.5K
7LRCXEURLAM RESEARCH CORPhistory →COM6.60%$28M26.2K
8ANHEUSER BUSCH INBEV SA/NVSPONSORED ADR5.87%$25M426.7K
9ADSKAUTODESK INChistory →COM5.69%$24M97.2K
10GOGO INCCOM5.65%$24M2.48M
11WBDWARNER BROS DISCOVERY INChistory →COM SER A5.38%$23M3.06M
12ROPROPER TECHNOLOGIES INChistory →COM3.34%$14M25.0K
13COSTCO WHSL CORP NEWCOM0.08%$322,996380
14LSTRLANDSTAR SYSTEM INCCOM0.06%$239,8241.3K
15BRK/BBERKSHIRE HATHAWAY IND DELCL B NEW0.01%$40,680100
16SPDR S&P 500 ETF TRTR UNIT0.00%$10,34019
17FRP HLDGS INCCOM0.00%$5,704200
18AAPLAPPLE INCCOM0.00%$1,6858

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 ↗.