1y return−5.1%S&P 500 +20.9%
3y return+36.6%S&P 500 +68.5%
5y return+27.9%S&P 500 +74.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2016: $334 against $334 in the S&P 500.2
Capco Asset Management, LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| MARMarriott Intl Inc New | $63.8M | 17.4% | −1.9% |
| ROPRoper Technologies Inc | $50.0M | 13.7% | −1.8% |
| MKLMarkel Group Inc | $49.5M | 13.5% | −2.0% |
| PGRProgressive Corp | $41.6M | 11.4% | |
| AMZNAmazon Com Inc | $41.2M | 11.3% | −1.8% |
| MSFTMicrosoft Corp | $30.9M | 8.4% | −1.4% |
| ADSKAutodesk Inc | $16.8M | 4.6% | −1.7% |
| TEAMAtlassian Corporation | $13.2M | 3.6% | −2.5% |
| BUDAnheuser Busch Inbev Sa Nv | $11.8M | 3.2% | −1.8% |
| Liberty Broadband CorpCUSIP 530307305 | $11.0M | 3.0% | |
| GOGOGogo Inc | $8.7M | 2.4% | |
| BRK/BBerkshire Hathaway Inc Del | $8.6M | 2.3% | +17040.0% |
| DHRDanaher Corp Del | $8.5M | 2.3% | |
| CHTRCharter Communications Inc | $6.0M | 1.6% | −5.1% |
| LRCXLam Research Corp | $2.4M | 0.6% | −88.2% |
| TSMTaiwan Semiconductor Manufac | $386K | 0.1% | |
| COSTCostco Wholesale Corporation | $355K | 0.1% | |
| METAMeta Platforms Inc | $339K | 0.1% | +70.5% |
| LSTRLandstar Sys Inc | $269K | 0.1% | |
| GOOGAlphabet Inc | $215K | 0.1% | −16.9% |
| AVGOBroadcom Inc | $168K | 0.0% | +14.4% |
| DORMDorman Prods Inc | $105K | 0.0% | |
| APOApollo Global Mgmt Inc | $98K | 0.0% | |
| SPYState Str Spdr S&p 500 Etf T | $84K | 0.0% | |
| FRPHFrp Hldgs Inc | $4,998 | 0.0% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| LRCXLam Research Corp | September 30, 2024 | +431.0% | $2.4M |
| MARMarriott Intl Inc New | June 30, 2020 | +332.3% | $63.8M |
| AAPLApple Inc | June 30, 2020 | +217.3% | $1,157 |
| COSTCostco Wholesale Corporation | June 30, 2020 | +208.5% | $355K |
| BRK/BBerkshire Hathaway Inc Del | June 30, 2020 | +180.3% | $8.6M |
| PGRProgressive Corp | June 30, 2020 | +172.7% | $41.6M |
| TSMTaiwan Semiconductor Manufac | June 30, 2025 | +110.9% | $386K |
| GOOGAlphabet Inc | June 30, 2025 | +99.2% | $215K |
| LSTRLandstar Sys Inc | June 30, 2020 | +84.1% | $269K |
| MSFTMicrosoft Corp | June 30, 2020 | +83.3% | $30.9M |
Sold off last quarter
- CERTCertara Inc was $40K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +3.9% | +14.8% |
| March 31, 2026 | −7.9% | −4.6% |
| December 31, 2025 | +1.6% | +2.4% |
| September 30, 2025 | −2.4% | +7.8% |
| June 30, 2025 | +14.6% | +10.5% |
| March 31, 2025 | +1.6% | −4.6% |
| December 31, 2024 | +3.4% | +2.1% |
| September 30, 2024 | +3.0% | +5.4% |
| June 30, 2024 | +0.6% | +4.0% |
| March 31, 2024 | +6.2% | +10.0% |
| December 31, 2023 | +9.5% | +11.2% |
| September 30, 2023 | −0.7% | −3.6% |
| June 30, 2023 | +2.7% | +8.3% |
| March 31, 2023 | +13.3% | +7.0% |
| December 31, 2022 | +8.5% | +7.1% |
| September 30, 2022 | −10.1% | −5.3% |
| June 30, 2022 | −18.1% | −16.5% |
| March 31, 2022 | −2.8% | −4.9% |
| December 31, 2021 | +6.6% | +10.7% |
| September 30, 2021 | −2.9% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Capco Asset Management, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1698068&type=13F-HR&dateb=&owner=include&count=40CIK 1698068
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1698068/000169806826000007/Filed August 5, 2026 · accession 0001698068-26-000007