River Road Asset Management 13F annual report
River Road Asset Management is an investment fund managing more than $6.97 trillion ran by Thomas Cfa. There are currently 173 companies in Mr. Cfa’s portfolio. The largest investments include Bj's Wholesale Club Holdings, and White Mountains Insurance Grou, together worth $495 billion.
$6.97 trillion Assets Under Management (AUM)
As of 12th July 2024, River Road Asset Management’s top holding is 3,227,922 shares of Bj's Wholesale Club Holdings, currently worth over $284 billion and making up 4.1% of the portfolio value.
In addition, the fund holds 116,320 shares of White Mountains Insurance Grou worth $211 billion.
The third-largest holding is Murphy USA Inc worth $173 billion and the next is LKQ Corp worth $155 billion, with 3,725,189 shares owned.
Currently, River Road Asset Management's portfolio is worth at least $6.97 trillion. 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 River Road Asset Management
The River Road Asset Management office and employees reside in Louisville, Kentucky. According to the last 13-F report filed with the SEC, Thomas Cfa serves as the Chief Operating Officer/Chief Compliance Officer at River Road Asset Management.
Recent trades
In the most recent 13F filing, River Road Asset Management revealed that it had opened a new position in
Papa John's International, Inc and bought 1,215,180 shares worth $57.1 billion.
The investment fund also strengthened its position in Unifirst by buying
30,669 additional shares.
This makes their stake in Unifirst total 861,991 shares worth $148 billion.
Unifirst soared 20.5% in the past year.
On the other hand, there are companies that River Road Asset Management is getting rid of from its portfolio.
River Road Asset Management closed its position in Laboratory Corporation Of Amer on 19th July 2024.
It sold the previously owned 119,118 shares for $26 billion.
Thomas Cfa also disclosed a decreased stake in Bj's Wholesale Club Holdings, by 0.2%.
This leaves the value of the investment at $284 billion and 3,227,922 shares.
One of the largest hedge funds
The two most similar investment funds to River Road Asset Management are Pathstone Family Office and Rwa Wealth Partners. They manage $6.96 trillion and $6.99 trillion respectively.
Thomas Cfa investment strategy
River Road Asset Management’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Industrials — making up 15.0% of
the total portfolio value.
The fund focuses on investments in the United States as
64.7% 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
34% 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 $57.4 billion.
The complete list of River Road Asset Management trades based on 13F SEC filings
These positions were updated on July 19th 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 |
|---|---|---|---|
| Bj's Wholesale Club Holdings, |
17.29%
3,227,922
|
$283,540,668,000 | 4.07% |
| White Mountains Insurance Grou |
5.68%
116,320
|
$211,405,784,000 | 3.03% |
| Murphy USA Inc |
0.95%
367,779
|
$172,657,529,000 | 2.48% |
| LKQ Corp |
18.90%
3,725,189
|
$154,930,611,000 | 2.22% |
| Unifirst Corp. |
3.69%
861,991
|
$147,857,316,000 | 2.12% |
| Atkore Inc |
6.96%
1,094,967
|
$147,743,897,000 | 2.12% |
| Axis Capital Holdings Limited |
1.20%
1,824,712
|
$128,915,903,000 | 1.85% |
| ACI Worldwide Inc |
0.40%
3,118,428
|
$123,458,565,000 | 1.77% |
| WEX Inc |
4.29%
686,201
|
$121,553,645,000 | 1.74% |
| Summit Materials, Inc. Class A |
68.43%
3,079,250
|
$112,731,342,000 | 1.62% |
| CoreCivic Inc |
1.02%
8,571,275
|
$111,255,149,000 | 1.60% |
| NorthWestern Energy Group Inc |
1.07%
2,220,355
|
$111,195,378,000 | 1.60% |
| TD Synnex Corp |
17.32%
931,240
|
$107,465,096,000 | 1.54% |
| PNM Resources Inc |
0.27%
2,893,953
|
$106,960,503,000 | 1.53% |
| Genworth Financial Inc |
2.14%
17,260,334
|
$104,252,417,000 | 1.50% |
| Cannae Holdings Inc |
2.78%
5,614,953
|
$101,855,247,000 | 1.46% |
| Delek US Holdings Inc |
0.77%
4,054,319
|
$100,384,938,000 | 1.44% |
| Air Transport Services Group Inc |
0.76%
6,968,467
|
$96,652,637,000 | 1.39% |
| Crh Public Limited Company |
19.16%
1,209,864
|
$90,715,603,000 | 1.30% |
| Kroger Co. |
1.72%
1,717,963
|
$85,777,893,000 | 1.23% |
| Armstrong World Industries, In |
0.51%
747,307
|
$84,625,045,000 | 1.21% |
| Molson Coors Beverage Company |
94.64%
1,647,926
|
$83,764,079,000 | 1.20% |
| Southwest Gas Holdings Inc |
1.09%
1,171,769
|
$82,469,102,000 | 1.18% |
| Permian Resources Corp |
18.87%
4,958,497
|
$80,079,727,000 | 1.15% |
| McGrath Rentcorp |
3.53%
741,559
|
$79,013,111,000 | 1.13% |
| SM Energy Co |
1.20%
1,779,904
|
$76,945,250,000 | 1.10% |
| Vontier Corporation |
1.09%
1,940,808
|
$74,138,866,000 | 1.06% |
| Berkshire Hathaway Inc. Class |
22.56%
180,481
|
$73,419,671,000 | 1.05% |
| Openlane Inc. |
341.57%
4,373,983
|
$72,564,378,000 | 1.04% |
| Lithia Motors, Inc. |
265.87%
286,400
|
$72,301,680,000 | 1.04% |
| Alight, Inc. Class A |
3.57%
9,702,121
|
$71,601,653,000 | 1.03% |
| Willis Towers Watson Public Li |
26.23%
268,691
|
$70,434,659,000 | 1.01% |
| Mid-america Apartment Communit |
617.57%
485,007
|
$69,166,848,000 | 0.99% |
| P10, Inc. Class A |
50.25%
7,768,979
|
$65,880,942,000 | 0.95% |
| ePlus Inc |
35.64%
890,220
|
$65,591,410,000 | 0.94% |
| Evertec Inc |
1.81%
1,960,727
|
$65,194,173,000 | 0.94% |
| Nomad Foods Ltd. |
42.02%
3,904,913
|
$64,352,966,000 | 0.92% |
| Viad Corp. |
3.65%
1,882,805
|
$64,015,370,000 | 0.92% |
| Ingles Markets, Incorporated C |
10.26%
906,730
|
$62,210,745,000 | 0.89% |
| Wesco International, Inc. |
32.59%
365,459
|
$57,932,561,000 | 0.83% |
| Argan, Inc. |
24.27%
780,816
|
$57,124,499,000 | 0.82% |
| Papa John's International, Inc |
Opened
1,215,180
|
$57,089,156,000 | 0.82% |
| NMI Holdings Inc |
1.61%
1,566,833
|
$53,334,995,000 | 0.77% |
| Ishares Russell 1000 Value Etf |
Opened
303,307
|
$52,917,972,000 | 0.76% |
| Radian Group, Inc. |
0.64%
1,673,050
|
$52,031,855,000 | 0.75% |
| Elevance Health, Inc. |
2.86%
95,941
|
$51,986,590,000 | 0.75% |
| WillScot Mobile Mini Holdings Corp |
Opened
1,346,051
|
$50,665,360,000 | 0.73% |
| Yelp Inc |
19.09%
1,354,852
|
$50,061,781,000 | 0.72% |
| Vistra Corp |
73.49%
580,568
|
$49,917,237,000 | 0.72% |
| Unitedhealth Group Incorporate |
37.80%
96,331
|
$49,057,525,000 | 0.70% |
| TripAdvisor Inc. |
14.22%
2,752,374
|
$49,019,781,000 | 0.70% |
| Lennar Corporation |
Opened
323,065
|
$48,417,752,000 | 0.69% |
| MDU Resources Group Inc |
38.57%
1,921,178
|
$48,221,568,000 | 0.69% |
| Dun & Bradstreet Holdings, Inc. |
2.60%
5,137,325
|
$47,571,629,000 | 0.68% |
| Gxo Logistics Inc |
Opened
931,828
|
$47,057,314,000 | 0.68% |
| Advance Auto Parts Inc |
6.26%
740,793
|
$46,914,421,000 | 0.67% |
| CNA Financial Corp. |
2.45%
1,006,953
|
$46,390,325,000 | 0.67% |
| Patterson Companies Incorporat |
24.92%
1,919,270
|
$46,292,792,000 | 0.66% |
| Ulta Beauty Inc |
1,824.67%
119,753
|
$46,209,090,000 | 0.66% |
| Embecta Corporation |
3.97%
3,583,690
|
$44,796,125,000 | 0.64% |
| Warrior Met Coal Inc |
3.56%
707,970
|
$44,439,277,000 | 0.64% |
| Kinder Morgan Inc Class P |
76.18%
2,177,885
|
$43,274,575,000 | 0.62% |
| LGI Homes Inc |
Opened
476,532
|
$42,644,849,000 | 0.61% |
| Polaris Inc |
2.35%
543,637
|
$42,572,213,000 | 0.61% |
| Labcorp Holdings Inc. |
Opened
206,176
|
$41,958,878,000 | 0.60% |
| Ncr Voyix Corporation |
2.97%
3,396,894
|
$41,951,641,000 | 0.60% |
| Geo Group, Inc. |
4.50%
2,845,180
|
$40,856,785,000 | 0.59% |
| Corning, Inc. |
2.70%
1,035,359
|
$40,223,697,000 | 0.58% |
| Idacorp, Inc. |
22.32%
428,278
|
$39,894,096,000 | 0.57% |
| Comcast Corporation Class A |
2.49%
1,015,800
|
$39,778,728,000 | 0.57% |
| HF Sinclair Corporation |
3.24%
744,806
|
$39,727,952,000 | 0.57% |
| Progressive Corp. |
20.65%
187,338
|
$38,911,976,000 | 0.56% |
| Trimas Corporation |
1.95%
1,471,206
|
$37,604,025,000 | 0.54% |
| Ge Healthcare Technologies Inc |
86.48%
472,813
|
$36,841,589,000 | 0.53% |
| Envista Holdings Corp |
1.14%
2,160,597
|
$35,930,728,000 | 0.52% |
| Unilever Plc Sponsored Adr |
6.32%
641,231
|
$35,261,293,000 | 0.51% |
| Clarivate Plc |
8.50%
5,875,421
|
$33,431,145,000 | 0.48% |
| Oracle Corp. |
4.99%
235,144
|
$33,202,333,000 | 0.48% |
| FS KKR Capital Corp |
0.99%
1,680,066
|
$33,147,702,000 | 0.48% |
| Newmark Group, Inc. Class A |
1.13%
3,001,308
|
$30,703,381,000 | 0.44% |
| United Parcel Service, Inc. Cl |
0.98%
222,601
|
$30,462,947,000 | 0.44% |
| Valaris Ltd |
3.59%
400,122
|
$29,809,089,000 | 0.43% |
| World Kinect Corporation |
1.39%
1,089,763
|
$28,115,885,000 | 0.40% |
| Bausch Lomb Corporation |
2.46%
1,934,427
|
$28,087,880,000 | 0.40% |
| MSC Industrial Direct Co., Inc. |
0.50%
341,081
|
$27,051,134,000 | 0.39% |
| Williams Companies, Inc. |
44.70%
628,683
|
$26,719,027,000 | 0.38% |
| Laboratory Corporation Of Amer |
Closed
119,118
|
$26,022,518,000 | |
| Expedia Group Inc |
4.27%
204,780
|
$25,800,232,000 | 0.37% |
| Arrow Electronics Inc. |
28.44%
213,062
|
$25,729,367,000 | 0.37% |
| Brady Corporation Class A |
2.62%
381,392
|
$25,179,500,000 | 0.36% |
| Genuine Parts Co. |
7.58%
176,932
|
$24,473,234,000 | 0.35% |
| Casey's General Stores, Inc. |
43.36%
63,456
|
$24,212,271,000 | 0.35% |
| Starbucks Corp. |
Opened
298,416
|
$23,231,686,000 | 0.33% |
| Keurig Dr Pepper Inc |
38.78%
670,897
|
$22,407,960,000 | 0.32% |
| Duckhorn Portfolio, Inc. |
287.37%
3,121,548
|
$22,162,991,000 | 0.32% |
| MGM Resorts International |
1.53%
497,678
|
$22,116,810,000 | 0.32% |
| EOG Resources, Inc. |
25.19%
174,240
|
$21,931,589,000 | 0.31% |
| Carlisle Companies Incorporate |
52.85%
52,677
|
$21,345,247,000 | 0.31% |
| Fiserv, Inc. |
15.70%
141,796
|
$21,133,276,000 | 0.30% |
| PNC Financial Services Group Inc |
4.13%
134,259
|
$20,874,589,000 | 0.30% |
| SP Plus Corp |
Closed
399,508
|
$20,862,308,000 | |
| Micron Technology Inc. |
11.72%
149,699
|
$19,689,909,000 | 0.28% |
| AES Corp. |
4.38%
1,056,310
|
$18,559,367,000 | 0.27% |
| Global Payments, Inc. |
1.76%
189,973
|
$18,370,389,000 | 0.26% |
| Vestis Corporation |
Closed
933,751
|
$17,993,382,000 | |
| Chesapeake Energy Corp. |
Closed
195,727
|
$17,386,429,000 | |
| Alphabet Inc |
65.49%
94,621
|
$17,355,384,000 | 0.25% |
| American Tower Corp. |
5.22%
87,360
|
$16,981,037,000 | 0.24% |
| KKR & Co. Inc |
37.41%
160,880
|
$16,931,011,000 | 0.24% |
| Cogent Communications Holdings Inc |
3.68%
296,361
|
$16,726,615,000 | 0.24% |
| Park Aerospace Corp |
2.52%
1,218,750
|
$16,672,500,000 | 0.24% |
| Chubb Limited |
4.16%
63,412
|
$16,175,133,000 | 0.23% |
| Kimberly-Clark Corp. |
4.44%
114,384
|
$15,807,869,000 | 0.23% |
| AMGEN Inc. |
4.43%
50,575
|
$15,802,159,000 | 0.23% |
| U.s. Bancorp |
4.45%
397,997
|
$15,800,481,000 | 0.23% |
| Asbury Automotive Group Inc |
39.54%
66,630
|
$15,182,978,000 | 0.22% |
| Suncor Energy, Inc. |
45.17%
393,308
|
$14,985,035,000 | 0.22% |
| Ovintiv Inc |
3.52%
318,125
|
$14,910,519,000 | 0.21% |
| Target Corp |
44.50%
99,971
|
$14,799,707,000 | 0.21% |
| Texas Instruments Inc. |
3.50%
70,093
|
$13,635,191,000 | 0.20% |
| T-Mobile US Inc |
22.89%
75,702
|
$13,337,178,000 | 0.19% |
| Ituran Location And Control Lt |
0.70%
499,511
|
$12,307,951,000 | 0.18% |
| Duke Energy Corp. |
13.48%
117,146
|
$11,741,544,000 | 0.17% |
| Abbvie Inc |
3.72%
66,556
|
$11,415,685,000 | 0.16% |
| Royalty Pharma plc |
3.24%
428,062
|
$11,287,995,000 | 0.16% |
| Dnow Inc |
6.26%
808,217
|
$11,096,819,000 | 0.16% |
| Repay Holdings Corp. Class A |
23.35%
995,680
|
$10,514,381,000 | 0.15% |
| Pepsico, Inc. |
4.44%
62,743
|
$10,348,203,000 | 0.15% |
| Paycom Software Inc |
Opened
64,287
|
$9,195,612,000 | 0.13% |
| Bristol-Myers Squibb Co. |
21.96%
220,474
|
$9,156,285,000 | 0.13% |
| Pfizer Inc. |
4.88%
320,199
|
$8,959,168,000 | 0.13% |
| Avnet, Inc. |
130.08%
173,508
|
$8,933,927,000 | 0.13% |
| Cisco Systems, Inc. |
4.44%
188,007
|
$8,932,213,000 | 0.13% |
| Vail Resorts Inc. |
59.78%
48,305
|
$8,701,180,000 | 0.12% |
| Primo Water Corporation |
4.43%
390,071
|
$8,526,952,000 | 0.12% |
| Watsco Inc. |
32.93%
18,277
|
$8,466,637,000 | 0.12% |
| Kelly Services, Inc. Class A |
39.13%
389,638
|
$8,342,150,000 | 0.12% |
| Ss&c Technologies Holdings, In |
4.17%
132,089
|
$8,278,018,000 | 0.12% |
| Sysco Corp. |
3.81%
114,342
|
$8,162,875,000 | 0.12% |
| Interpublic Group Of Companies |
4.44%
273,574
|
$7,958,268,000 | 0.11% |
| Centene Corp. |
5.21%
114,274
|
$7,576,366,000 | 0.11% |
| Expeditors International Of Wa |
34.14%
59,440
|
$7,417,518,000 | 0.11% |
| Johnson & Johnson |
4.10%
49,263
|
$7,200,280,000 | 0.10% |
| Alexandria Real Estate Equitie |
4.19%
60,290
|
$7,052,121,000 | 0.10% |
| Evolution Petroleum Corporatio |
5.18%
1,323,211
|
$6,973,322,000 | 0.10% |
| Valmont Industries, Inc. |
Opened
23,776
|
$6,525,323,000 | 0.09% |
| NVR Inc. |
4.15%
854
|
$6,480,630,000 | 0.09% |
| APi Group Corporation |
4.19%
170,679
|
$6,422,651,000 | 0.09% |
| Choice Hotels International, I |
Opened
53,496
|
$6,366,024,000 | 0.09% |
| Madison Square Garden Sports C |
4.16%
33,297
|
$6,264,165,000 | 0.09% |
| St. Joe Company |
4.19%
113,786
|
$6,224,094,000 | 0.09% |
| Fidelity National Financial, I |
44.10%
124,622
|
$6,158,819,000 | 0.09% |
| Ncr Atleos Corporation |
71.25%
227,460
|
$6,145,969,000 | 0.09% |
| Crown Castle Inc |
5.42%
62,066
|
$6,063,848,000 | 0.09% |
| Royal Gold, Inc. |
28.68%
47,598
|
$5,957,366,000 | 0.09% |
| Enterprise Products Partners L |
10.88%
202,175
|
$5,859,031,000 | 0.08% |
| Albertsons Companies, Inc. Cla |
4.04%
292,808
|
$5,782,958,000 | 0.08% |
| Aptargroup Inc. |
Closed
39,882
|
$5,738,621,000 | |
| Qualcomm, Inc. |
52.95%
28,531
|
$5,682,805,000 | 0.08% |
| Texas Pacific Land Corporation |
4.18%
7,684
|
$5,642,131,000 | 0.08% |
| Brookfield Asset Management Lt |
4.19%
147,752
|
$5,621,964,000 | 0.08% |
| Apollo Global Management Inc |
4.14%
46,944
|
$5,542,678,000 | 0.08% |
| Ferguson Plc |
75.79%
28,143
|
$5,449,892,000 | 0.08% |
| Caci International Inc. |
Closed
14,180
|
$5,371,809,000 | |
| Tidewater Inc. |
27.58%
55,195
|
$5,255,116,000 | 0.08% |
| Delta Air Lines, Inc. |
82.08%
106,359
|
$5,045,671,000 | 0.07% |
| Entergy Corp. |
34.77%
47,028
|
$5,031,996,000 | 0.07% |
| Ares Management Corp |
4.14%
36,688
|
$4,889,777,000 | 0.07% |
| Atlanta Braves Holdings Inc Cl |
4.19%
123,976
|
$4,889,613,000 | 0.07% |
| Arch Resources, Inc. Class A |
4.19%
29,720
|
$4,524,276,000 | 0.06% |
| Dollar General Corp. |
3.73%
31,780
|
$4,202,269,000 | 0.06% |
| Robert Half Inc |
Opened
65,382
|
$4,183,140,000 | 0.06% |
| CNH Industrial NV |
Opened
405,875
|
$4,111,514,000 | 0.06% |
| Salesforce Inc |
Opened
15,246
|
$3,919,747,000 | 0.06% |
| CSG Systems International Inc. |
4.45%
92,161
|
$3,794,268,000 | 0.05% |
| Endeavor Group Holdings, Inc. |
Closed
146,070
|
$3,758,381,000 | |
| Alphabet Inc |
Opened
20,356
|
$3,707,845,000 | 0.05% |
| Howard Hughes Corporation |
4.19%
56,044
|
$3,632,772,000 | 0.05% |
| Cable One Inc |
89.54%
5,926
|
$2,097,804,000 | 0.03% |
| Lockheed Martin Corp. |
8.48%
4,024
|
$1,879,610,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 180 holdings | |||
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