Capco Asset Management 13F annual report

Capco Asset Management is an investment fund managing more than $423 billion ran by William Jr.. There are currently 18 companies in Mr. Jr.’s portfolio. The largest investments include Progressive and Marriott Intl Inc New, together worth $131 billion.

$423 billion Assets Under Management (AUM)

As of 5th August 2024, Capco Asset Management’s top holding is 333,248 shares of Progressive currently worth over $69.2 billion and making up 16.4% of the portfolio value. Relative to the number of outstanding shares of Progressive, Capco Asset Management owns more than approximately 0.1% of the company. In addition, the fund holds 255,591 shares of Marriott Intl Inc New worth $61.8 billion. The third-largest holding is Microsoft worth $47 billion and the next is Markel Inc worth $45.3 billion, with 28,764 shares owned.

Currently, Capco Asset Management's portfolio is worth at least $423 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Capco Asset Management

The Capco Asset Management office and employees reside in Tampa, Florida. According to the last 13-F report filed with the SEC, William Jr. serves as the Manager at Capco Asset Management.

Recent trades

In the most recent 13F filing, Capco Asset Management revealed that it had increased its stake in Progressive and bought 4,354 additional shares worth around $971 thousand. This means they effectively own approximately 0.1% of the company. Progressive makes up 60.4% of the fund's Finance sector allocation and has decreased its share price by approximately 0.1% in the past year.

On the other hand, William Jr. disclosed a decreased stake in Warner Bros.Discovery Inc by 0.1%. This leaves the value of the investment at $22.7 billion and 3,056,977 shares.

One of the average hedge funds

The two most similar investment funds to Capco Asset Management are Huber Capital Management and Searle & Co. They manage $423 billion and $423 billion respectively.

William Jr. investment strategy

Capco Asset Management’s portfolio is diversified across 8 sectors. Currently, their heaviest sector is Finance — making up 27.1% of the total portfolio value. The fund focuses on investments in the United States as 66.7% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 56% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $327 billion.

The complete list of Capco Asset Management trades based on 13F SEC filings

These positions were updated on August 12th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Progressive Corp.	1.32% 333,248	$69,218,900,000	16.38%
Marriott Intl Inc New	1.60% 255,591	$61,794,291,000	14.62%
Microsoft Corporation	1.31% 105,066	$46,959,360,000	11.11%
Markel Group Inc	1.52% 28,764	$45,322,284,000	10.72%
Charter Communications Inc N	1.67% 109,343	$32,689,183,000	7.74%
Amazon.com Inc.	1.74% 147,495	$28,503,409,000	6.74%
Lam Research Corp.	1.31% 26,208	$27,908,028,000	6.60%
Anheuser-Busch InBev SA/NV	1.71% 426,747	$24,815,338,000	5.87%
Autodesk Inc.	1.68% 97,237	$24,061,296,000	5.69%
Gogo Inc	1.72% 2,479,974	$23,857,350,000	5.65%
Warner Bros.Discovery Inc	10.66% 3,056,977	$22,743,909,000	5.38%
Roper Technologies Inc	1.59% 25,043	$14,115,869,000	3.34%
Costco Whsl Corp New	No change 380	$322,996,000	0.08%
Landstar System, Inc.	No change 1,300	$239,824,000	0.06%
Berkshire Hathaway Ind Del	No change 100	$40,680,000	0.01%
Spdr S&p 500 Etf Tr	35.71% 19	$10,340,000	0.00%
FRP Holdings Inc	100.00% 200	$5,704,000	0.00%
Apple Inc	No change 8	$1,685,000	0.00%
No transactions found
Showing first 500 out of 18 holdings