Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| MARKEL GROUP INC(MKL) | 382,732 | 427,882 | +45,150 | 731,539 | 919,797 | 4.27% | +188,258 |
| BROWN & BROWN INC(BRO) | 6,076,399 | 9,434,802 | +3,358,403 | 569,905 | 751,954 | 3.49% | +182,048 |
| C H ROBINSON WORLDWIDE INC(CHRW) | 0 | 1,127,837 | +1,127,837 | 0 | 181,311 | 0.84% | +181,311 |
| THERMO FISHER SCIENTIFIC INC(TMO) | 161,479 | 315,032 | +153,553 | 78,321 | 182,545 | 0.85% | +104,225 |
| NASDAQ INC(NDAQ) | 2,970,652 | 3,752,757 | +782,105 | 262,754 | 364,505 | 1.69% | +101,751 |
| SPOTIFY TECHNOLOGY S A(SPOT) | 0 | 167,366 | +167,366 | 0 | 97,191 | 0.45% | +97,191 |
| PAYCHEX INC(PAYX) | 4,357,641 | 5,716,237 | +1,358,596 | 552,375 | 641,247 | 2.98% | +88,873 |
| ON HLDG AG(ONON) | 0 | 1,873,818 | +1,873,818 | 0 | 87,095 | 0.40% | +87,095 |
| VISA INC(V) | 518,983 | 745,424 | +226,441 | 177,170 | 261,428 | 1.21% | +84,257 |
| ASSURANT INC(AIZ) | 0 | 348,607 | +348,607 | 0 | 83,962 | 0.39% | +83,962 |
| FORTIVE CORP(FTV) | 2,656,362 | 3,862,464 | +1,206,102 | 130,135 | 213,247 | 0.99% | +83,111 |
| NIKE INC(NKE) | 0 | 1,236,317 | +1,236,317 | 0 | 78,766 | 0.37% | +78,766 |
| BIO-TECHNE CORP(TECH) | 2,251,593 | 2,837,142 | +585,549 | 125,256 | 166,852 | 0.77% | +41,596 |
| UNION PAC CORP(UNP) | 0 | 179,275 | +179,275 | 0 | 41,470 | 0.19% | +41,470 |
| VIKING HOLDINGS LTD(VIK) | 15,319,071 | 13,906,877 | -1,412,194 | 952,233 | 993,090 | 4.61% | +40,857 |
| DICKS SPORTING GOODS INC(DKS) | 289,735 | 529,756 | +240,021 | 64,385 | 104,876 | 0.49% | +40,491 |
| ISHARES TR | 0 | 600,269 | +600,269 | 0 | 40,296 | 0.19% | +40,296 |
| SPDR INDEX SHS FDS ST STR PO EX ETF | 0 | 907,211 | +907,211 | 0 | 40,289 | 0.19% | +40,289 |
| VANGUARD STAR FDS | 0 | 533,471 | +533,471 | 0 | 40,245 | 0.19% | +40,245 |
| VANGUARD INTL EQUITY INDEX F | 0 | 546,590 | +546,590 | 0 | 40,207 | 0.19% | +40,207 |
| ISHARES TR CORE MSCI TOTAL | 0 | 474,760 | +474,760 | 0 | 40,184 | 0.19% | +40,184 |
| INTUIT(INTU) | 149,782 | 207,997 | +58,215 | 102,288 | 137,781 | 0.64% | +35,494 |
| DESCARTES SYS GROUP INC(DSGX) | 0 | 382,354 | +382,354 | 0 | 33,587 | 0.16% | +33,587 |
| CANADIAN PACIFIC KANSAS CITY(CP) | 3,963,928 | 4,444,219 | +480,291 | 295,286 | 327,622 | 1.52% | +32,336 |
| AMAZON COM INC(AMZN) | 448,321 | 565,297 | +116,976 | 98,438 | 130,482 | 0.61% | +32,044 |
| MCCORMICK & CO INC(MKC) | 0 | 460,106 | +460,106 | 0 | 31,338 | 0.15% | +31,338 |
| HAMILTON LANE INC(HLNE) | 0 | 219,322 | +219,322 | 0 | 29,457 | 0.14% | +29,457 |
| SIMPSON MFG INC(SSD) | 0 | 159,549 | +159,549 | 0 | 25,762 | 0.12% | +25,762 |
| CAE INC(CAE) | 6,931,545 | 7,586,679 | +655,134 | 205,296 | 231,018 | 1.07% | +25,722 |
| ISHARES TR CORE MSCI EAFE | 0 | 270,412 | +270,412 | 0 | 24,191 | 0.11% | +24,191 |
| LAMAR ADVERTISING CO NEW(LAMR) | 186,630 | 354,586 | +167,956 | 22,847 | 44,883 | 0.21% | +22,036 |
| SALESFORCE INC(CRM) | 328,551 | 370,825 | +42,274 | 77,867 | 98,235 | 0.46% | +20,369 |
| WABTEC(WAB) | 3,688,625 | 3,559,419 | -129,206 | 739,459 | 759,758 | 3.53% | +20,299 |
| ROLLINS INC(ROL) | 1,188,856 | 1,494,681 | +305,825 | 69,833 | 89,711 | 0.42% | +19,877 |
| CLEAN HARBORS INC(CLH) | 773,380 | 849,499 | +76,119 | 179,594 | 199,191 | 0.92% | +19,596 |
| ST JOE CO(JOE) | 1,023,600 | 1,181,452 | +157,852 | 50,648 | 70,143 | 0.33% | +19,495 |
| S&P GLOBAL INC(SPGI) | 49,873 | 74,946 | +25,073 | 24,274 | 39,166 | 0.18% | +14,892 |
| WHITE MTNS INS GROUP LTD COM | 16,946 | 19,713 | +2,767 | 28,326 | 40,964 | 0.19% | +12,639 |
| APOLLO GLOBAL MGMT INC(APO) | 697,358 | 727,557 | +30,199 | 92,937 | 105,321 | 0.49% | +12,384 |
| CSW INDUSTRIALS INC(CSW) | 83,045 | 108,194 | +25,149 | 20,159 | 31,758 | 0.15% | +11,599 |
| MARTIN MARIETTA MATLS INC(MLM) | 1,036,563 | 1,067,530 | +30,967 | 653,325 | 664,708 | 3.09% | +11,383 |
| ALLIANCE LAUNDRY HLDGS INC(ALH) | 0 | 481,916 | +481,916 | 0 | 9,807 | 0.05% | +9,807 |
| VANGUARD INDEX FDS | 0 | 29,726 | +29,726 | 0 | 8,627 | 0.04% | +8,627 |
| CASEYS GEN STORES INC(CASY) | 55,737 | 71,749 | +16,012 | 31,509 | 39,656 | 0.18% | +8,147 |
| LYONDELLBASELL INDUSTRIES N SHS - A - | 0 | 187,677 | +187,677 | 0 | 8,126 | 0.04% | +8,126 |
| HUNTSMAN CORP(HUN) | 0 | 772,685 | +772,685 | 0 | 7,727 | 0.04% | +7,727 |
| MESA LABS INC(MLAB) | 126,715 | 206,435 | +79,720 | 8,491 | 16,205 | 0.08% | +7,714 |
| DOW INC(DOW) | 0 | 324,082 | +324,082 | 0 | 7,577 | 0.04% | +7,577 |
| MEDLINE INC(MDLN) | 0 | 170,000 | +170,000 | 0 | 7,140 | 0.03% | +7,140 |
| CASELLA WASTE SYS INC(CWST) | 312,780 | 374,229 | +61,449 | 29,677 | 36,652 | 0.17% | +6,975 |
| KIRBY CORP(KEX) | 137,047 | 163,731 | +26,684 | 11,437 | 18,040 | 0.08% | +6,603 |
| AMERICAN CENTY ETF TR | 0 | 96,535 | +96,535 | 0 | 6,290 | 0.03% | +6,290 |
| CHEFS WHSE INC(CHEF) | 433,787 | 502,188 | +68,401 | 25,303 | 31,301 | 0.15% | +5,999 |
| ESCO TECHNOLOGIES INC(ESE) | 0 | 29,629 | +29,629 | 0 | 5,789 | 0.03% | +5,789 |
| WESTLAKE CORPORATION(WLK) | 0 | 74,997 | +74,997 | 0 | 5,545 | 0.03% | +5,545 |
| ZURN ELKAY WATER SOLNS CORP(ZWS) | 294,840 | 404,805 | +109,965 | 13,866 | 18,819 | 0.09% | +4,953 |
| NIQ GLOBAL INTELLIGENCE PLC(NIQ) | 1,689,467 | 1,903,982 | +214,515 | 26,525 | 31,397 | 0.15% | +4,872 |
| CORPAY INC(CPAY) | 1,157,534 | 1,121,925 | -35,609 | 333,439 | 337,621 | 1.57% | +4,182 |
| NEPTUNE INS HLDGS INC(NP) | 0 | 140,961 | +140,961 | 0 | 4,110 | 0.02% | +4,110 |
| VERRA MOBILITY CORP(VRRM) | 500,906 | 729,528 | +228,622 | 12,372 | 16,349 | 0.08% | +3,976 |
| BADGER METER INC | 83,186 | 107,870 | +24,684 | 14,855 | 18,814 | 0.09% | +3,958 |
| FRANKLIN ELEC INC(FELE) | 141,715 | 180,821 | +39,106 | 13,491 | 17,274 | 0.08% | +3,783 |
| KADANT INC(KAI) | 60,843 | 76,175 | +15,332 | 18,106 | 21,711 | 0.10% | +3,606 |
| GOOSEHEAD INS INC(GSHD) | 65,839 | 112,809 | +46,970 | 4,900 | 8,308 | 0.04% | +3,409 |
| PERIMETER SOLUTIONS INC(PRM) | 0 | 102,072 | +102,072 | 0 | 2,810 | 0.01% | +2,810 |
| ARCOSA INC | 104,702 | 118,082 | +13,380 | 9,812 | 12,554 | 0.06% | +2,743 |
| CADRE HLDGS INC(CDRE) | 733,852 | 719,024 | -14,828 | 26,793 | 29,365 | 0.14% | +2,572 |
| OUTFRONT MEDIA INC(OUT) | 455,914 | 452,806 | -3,108 | 8,352 | 10,913 | 0.05% | +2,560 |
| BOOT BARN HLDGS INC | 86,366 | 94,981 | +8,615 | 14,313 | 16,761 | 0.08% | +2,449 |
| CINCINNATI FINL CORP(CINF) | 142,363 | 151,908 | +9,545 | 22,508 | 24,810 | 0.12% | +2,302 |
| LABCORP HOLDINGS INC(LH) | 1,837,035 | 2,110,779 | +273,744 | 527,339 | 529,552 | 2.46% | +2,213 |
| GLOBALFOUNDRIES INC(GFS) | 69,800 | 119,027 | +49,227 | 2,502 | 4,156 | 0.02% | +1,655 |
| MOODYS CORP(MCO) | 52,400 | 51,267 | -1,133 | 24,968 | 26,190 | 0.12% | +1,222 |
| ISHARES TR | 858 | 11,633 | +10,775 | 83 | 1,120 | 0.01% | +1,037 |
| BLACKLINE INC(BL) | 267,022 | 274,540 | +7,518 | 14,179 | 15,179 | 0.07% | +1,000 |
| ALARM COM HLDGS INC | 312,109 | 344,031 | +31,922 | 16,567 | 17,552 | 0.08% | +986 |
| GE AEROSPACE(GE) | 38,648 | 39,205 | +557 | 11,626 | 12,076 | 0.06% | +450 |
| ISHARES TR | 0 | 1,251 | +1,251 | 0 | 308 | 0.00% | +308 |
| INTEL CORP(INTC) | 176,381 | 167,817 | -8,564 | 5,918 | 6,192 | 0.03% | +275 |
| WAYSTAR HLDG CORP(WAY) | 545,413 | 634,610 | +89,197 | 20,682 | 20,783 | 0.10% | +101 |
| LAUDER ESTEE COS INC(EL) | 436 | 0 | -436 | 38 | 0 | — | -38 |
| POLARIS INC(PII) | 545,177 | 500,028 | -45,149 | 31,691 | 31,627 | 0.15% | -64 |
| THOMSON REUTERS CORP(TRI) | 2,093 | 0 | -2,093 | 325 | 0 | — | -325 |
| STERIS PLC(STE) | 1,976,784 | 1,928,033 | -48,751 | 489,135 | 488,795 | 2.27% | -341 |
| MSCI INC(MSCI) | 41,716 | 40,591 | -1,125 | 23,670 | 23,288 | 0.11% | -382 |
| FORMFACTOR INC(FORM) | 667,412 | 426,819 | -240,593 | 24,307 | 23,808 | 0.11% | -499 |
| CERTARA INC(CERT) | 1,120,096 | 1,491,161 | +371,065 | 13,688 | 13,137 | 0.06% | -550 |
| LIQUIDITY SVCS INC(LQDT) | 650,986 | 567,434 | -83,552 | 17,857 | 17,199 | 0.08% | -658 |
| ALKAMI TECHNOLOGY INC(ALKT) | 858,667 | 892,343 | +33,676 | 21,329 | 20,586 | 0.10% | -743 |
| ROSS STORES INC(ROST) | 81,790 | 64,807 | -16,983 | 12,464 | 11,674 | 0.05% | -790 |
| UBER TECHNOLOGIES INC(UBER) | 51,729 | 51,729 | 0 | 5,068 | 4,227 | 0.02% | -841 |
| FRANCO NEV CORP(FNV) | 43,562 | 42,377 | -1,185 | 9,698 | 8,796 | 0.04% | -903 |
| SPS COMM INC(SPSC) | 66,125 | 66,972 | +847 | 6,886 | 5,969 | 0.03% | -917 |
| LOAR HOLDINGS INC(LOAR) | 167,826 | 182,530 | +14,704 | 13,426 | 12,412 | 0.06% | -1,014 |
| PORTILLOS INC(PTLO) | 975,619 | 1,139,916 | +164,297 | 6,293 | 5,175 | 0.02% | -1,118 |
| ENERGY RECOVERY INC(ERII) | 751,042 | 773,577 | +22,535 | 11,581 | 10,436 | 0.05% | -1,146 |
| CELLEBRITE DI LTD(CLBT) | 666,650 | 620,142 | -46,508 | 12,353 | 11,181 | 0.05% | -1,172 |
| EVERUS CONSTR GROUP(ECG) | 148,518 | 133,897 | -14,621 | 12,735 | 11,456 | 0.05% | -1,279 |
| MYR GROUP INC DEL(MYRG) | 57,614 | 48,919 | -8,695 | 11,985 | 10,689 | 0.05% | -1,297 |
| AMRIZE LTD(AMRZ) | 341,755 | 273,393 | -68,362 | 16,490 | 15,035 | 0.07% | -1,454 |