The Broad Run team is a group of investment professionals who work to identify durable, high-quality businesses whose long-term growth prospects are undervalued by the market. The company was founded in 2012 and currently has clients including endowments, foundations, and family offices among others. the company is based in Washington D.C.
Broad Run's investment portfolio showcases a selective approach, emphasizing durable businesses with strong market positions. The top five stock holdings reflect the investor's preference for both stability and growth potential.
Brookfield Corporation, operating under Ordinary Shares - Class A, represents one of Broad Run's significant investments. This global alternative asset management company is known for its diversified interests in real estate, renewable power, infrastructure, and private equity.
Markel Group Inc stands out as another key holding, highlighting Broad Run's confidence in this financial conglomerate famed for its specialty insurance products. Markel is often likened to a mini-Berkshire Hathaway due to its focus on long-term growth and value investing.
O'Reilly Automotive, Inc., an industry leader in aftermarket auto parts, exemplifies Broad Run's investment strategy focused on resilient consumer discretionary stocks. With a robust distribution network and consistent performance, O'Reilly remains a desirable addition reflecting enduring consumer demand.
Aon plc. - Ordinary Shares - Class A is also part of Broad Run's strategic positioning within the financial sector, signifying trust in Aon's global professional services firm specializing in risk, retirement, and health solutions.
Finally, Carmax Inc anchors Broad Run's stake in the automotive retail space. As the largest used-car retailer in the United States, Carmax capitalizes on a scalable business model that aligns with Broad Run's penchant for companies poised to benefit from favorable secular trends.
These cornerstone stocks form the bedrock of Broad Run's portfolio, displaying a calculated and insightful investment blueprint tailored towards enterprises with proven operational excellence and sustainable competitive advantages.
