Skip to main content
Livermore
Livermore
ZHEN

River Road Asset Management, LLC

SEC CIK
0001341401
Latest filing
Jul 17, 2026

The latest 13F from River Road Asset Management, LLC covers Q2 2026 (filed Jul 17, 2026): 175 long positions worth $8.99B. The top 10 holdings make up 23.9% of the portfolio, and the largest is BJ's Wholesale Club Holdings, Inc. (BJ) at 3.3%. Livermore has 22 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
13
Est. +$549.9M
Added
38
Est. +$617.9M
Reduced
124
Est. −$1.42B
Sold out
14
Est. −$196.2M

Top 5 holdings

Share of this quarter's portfolio value

  1. BJBJ's Wholesale Club Holdings, Inc.
    3.3%$294.3MHistory
  2. MGRCMcGrath Rentcorp
    2.8%$247.7MHistory
  3. WTMWhite Mountains Insurance Group Ltd
    2.7%$240.3MHistory
  4. CXWCoreCivic, Inc.
    2.4%$220.2MHistory
  5. BRK.BBerkshire Hathaway Inc
    2.4%$216.3MHistory

Share of portfolio

Top 5 holdings and the other 170 positions, by share of portfolio value

  1. BJ3.3%
  2. MGRC2.8%
  3. WTM2.7%
  4. CXW2.4%
  5. BRK.B2.4%
  6. Other 170 positions86.4%

Biggest buys

New and added positions, by estimated amount bought

  1. SAROStandardAero, Inc.
    +$196.8MNewHistory
  2. METAMeta Platforms, Inc.
    +$97.3MAddedHistory
  3. AOSSmith A O Corp
    +$84.5MNewHistory
  4. SRSpire Inc
    +$77.6MNewHistory
  5. CHEChemed Corp
    +$77.4MAddedHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. SAROStandardAero, Inc.
    +2.19 pp0.0% → 2.2%History
  2. METAMeta Platforms, Inc.
    +1.08 pp<0.1% → 1.1%History
  3. AOSSmith A O Corp
    +0.94 pp0.0% → 0.9%History
  4. CHEChemed Corp
    +0.93 pp0.3% → 1.2%History
  5. SRSpire Inc
    +0.86 pp0.0% → 0.9%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. MUSAMurphy USA Inc.
    −$155.9MReducedHistory
  2. UNFUnifirst Corp
    −$119.6MReducedHistory
  3. DALDelta Air Lines, Inc.
    −$97.5MReducedHistory
  4. UNPUnion Pacific Corp
    −$72.3MReducedHistory
  5. AGOAssured Guaranty Ltd
    −$58.6MReducedHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. MUSAMurphy USA Inc.
    −1.58 pp2.2% → 0.6%History
  2. UNFUnifirst Corp
    −1.29 pp1.4% → 0.1%History
  3. KRKroger Co
    −0.88 pp1.2% → 0.3%History
  4. DALDelta Air Lines, Inc.
    −0.76 pp0.8% → 0.1%History
  5. AGOAssured Guaranty Ltd
    −0.71 pp1.7% → 1.0%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$8.99B
+$168.0M (+1.9%) vs. prior quarter
Positions
175
−1 vs. prior quarter
Top 10 concentration
23.9%
Top 10 as share of value
Turnover
13.1%
Q2 2026, one quarter
Average holding period
11.0 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $9.39B (Q4 2021)

Q1 2021: $8.27BQ2 2021: $9.31BQ3 2021: $9.04BQ4 2021: $9.39BQ1 2022: $9.05BQ2 2022: $7.13BQ3 2022: $6.71BQ4 2022: $7.30BQ1 2023: $7.34BQ2 2023: $7.25BQ3 2023: $7.02BQ4 2023: $7.20BQ1 2024: $7.40BQ2 2024: $6.97BQ3 2024: $7.65BQ4 2024: $7.52BQ1 2025: $7.35BQ2 2025: $7.88BQ3 2025: $8.93BQ4 2025: $9.12BQ1 2026: $8.82BQ2 2026: $8.99B
Q1 2021Q2 2026
13F filings of River Road Asset Management, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 17, 2026175$8.99BBJMGRCWTMvs. Q1 2026SEC
Q1 2026Apr 30, 2026176$8.82BBJWTMMGRCvs. Q4 2025SEC
Q4 2025Feb 24, 2026175$9.12BBJWTMLADvs. Q3 2025SEC
Q3 2025Nov 12, 2025176$8.93BBJMGRCCACIvs. Q2 2025SEC
Q2 2025Aug 13, 2025182$7.88BMGRCBJWTMvs. Q1 2025SEC
Q1 2025May 13, 2025181$7.35BBJWTMMGRCvs. Q4 2024SEC
Q4 2024Feb 7, 2025172$7.52BBJWTMMGRCvs. Q3 2024SEC
Q3 2024Oct 30, 2024172$7.65BTLNBJWTMvs. Q2 2024SEC
Q2 2024Jul 19, 2024173$6.97BBJWTMMUSAvs. Q1 2024SEC
Q1 2024Apr 26, 2024165$7.40BBJLKQATKRvs. Q4 2023SEC
Q4 2023Jan 31, 2024166$7.20BBJLKQATKRvs. Q3 2023SEC
Q3 2023Nov 13, 2023176$7.02BBJLKQWTMvs. Q2 2023SEC
Q2 2023Jul 20, 2023175$7.25BLKQBJWTMvs. Q1 2023SEC
Q1 2023Apr 27, 2023172$7.34BLKQWTMATSGvs. Q4 2022SEC
Q4 2022Feb 1, 2023173$7.30BLKQATSGWTMvs. Q3 2022SEC
Q3 2022Nov 4, 2022170$6.71BLKQPINCATSGvs. Q2 2022SEC
Q2 2022Jul 20, 2022162$7.13BBJATSGLKQvs. Q1 2022SEC
Q1 2022May 12, 2022151$9.05BVYXATSGLKQvs. Q4 2021SEC
Q4 2021Feb 1, 2022156$9.39BLKQATSGPINCvs. Q3 2021SEC
Q3 2021Nov 12, 2021151$9.04BBRK.BPINCLBRDKvs. Q2 2021SEC
Q2 2021Aug 10, 2021157$9.31BLBRDKBRK.BLKQvs. Q1 2021SEC
Q1 2021May 12, 2021162$8.27BCNNEFNFLBRDK–SEC

13D and 13G filings

Companies where River Road Asset Management, LLC reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

4 companies, largest stake first.

Companies where River Road Asset Management, LLC owns 5% or more
CompanyLatest formStakeChangeFirst filedLatest filingFiling
MGRCMcGrath Rentcorp13G/A8.70%2.13M shares+1.00 ppfrom 7.70%Feb 6, 20252 filingsJan 29, 2026SEC
CXWCoreCivic, Inc.13G/A7.30%7.25M shares−1.80 ppfrom 9.10%Feb 9, 20225 filingsAug 7, 2026SEC
PRSUPursuit Attractions & Hospitality, Inc.13G/A6.70%1.89M shares–Feb 10, 20215 filingsMay 8, 2025SEC
IMKTAIngles Markets Inc13G/A6.70%976.4K shares–Feb 10, 20215 filingsFeb 6, 2025SEC

Latest filings

96 filings on file made by River Road Asset Management, LLC or listing it as a reporting person; the latest 20 are shown.

Schedule 13D and 13G filings by River Road Asset Management, LLC
CompanyFiled (ET)FormStakeChangeEvent dateFiling
CXWCoreCivic, Inc.Aug 7, 202611:10 AM ET13G/A7.30%7.25M shares−1.80 ppfrom 9.10%Jun 30, 2026SEC
PLUSEplus IncAug 7, 202610:59 AM ET13G/A4.50%1.16M shares−0.70 ppfrom 5.20%Below 5%Jul 31, 2026SEC
EMBCEmbecta Corp.May 27, 202611:25 AM ET13G/A0.00%0 shares–Below 5%May 26, 2026SEC
CXWCoreCivic, Inc.May 5, 20262:26 PM ET13G/A9.10%9.01M shares–Mar 31, 2026SEC
RPCRidgepost Capital, Inc.Apr 30, 202610:49 AM ET13G/A3.10%3.39M shares−3.80 ppfrom 6.90%Below 5%Mar 31, 2026SEC
CNNECannae Holdings, Inc.Apr 30, 202610:41 AM ET13G/A4.20%1.96M shares−3.20 ppfrom 7.40%Below 5%Mar 31, 2026SEC
UNFUnifirst CorpMar 17, 20262:54 PM ET13D/A3.90%571.8K shares−1.10 ppfrom 5.00%Below 5%Mar 16, 2026SEC
UNFUnifirst CorpFeb 26, 20263:35 PM ET13D/A5.00%733.1K shares−1.10 ppfrom 6.10%Feb 25, 2026SEC
MGRCMcGrath RentcorpJan 29, 20261:43 PM ET13G/A8.70%2.13M shares+1.00 ppfrom 7.70%Dec 31, 2025SEC
DKDelek US Holdings, Inc.Dec 5, 20251:19 PM ET13G/A4.20%2.52M shares–Below 5%Nov 30, 2025SEC
UNFUnifirst CorpNov 25, 20252:58 PM ET13D/A6.10%881.3K shares0.00 ppfrom 6.10%Nov 25, 2025SEC
UNFUnifirst CorpNov 17, 20255:52 PM ET13D6.10%881.3K shares–Nov 14, 2025SEC
PKEPark Aerospace CorpAug 1, 202511:28 AM ET13G/A4.90%976.7K shares–Below 5%Jul 31, 2025SEC
RPCRidgepost Capital, Inc.May 8, 202511:27 AM ET13G/A6.90%4.73M shares−2.00 ppfrom 8.90%Mar 31, 2025SEC
PRSUPursuit Attractions & Hospitality, Inc.May 8, 202511:22 AM ET13G/A6.70%1.89M shares–Mar 31, 2025SEC
CNNECannae Holdings, Inc.May 8, 202511:15 AM ET13G/A7.40%4.68M shares−1.50 ppfrom 8.90%Mar 31, 2025SEC
PLUSEplus IncMay 8, 202511:08 AM ET13G5.20%1.39M shares–Mar 31, 2025SEC
PZZAPapa Johns International IncMay 6, 202512:07 PM ET13G/A4.50%1.48M shares−2.10 ppfrom 6.60%Below 5%Apr 30, 2025SEC
PZZAPapa Johns International IncFeb 6, 20253:57 PM ET13G6.60%2.14M sharesNewDec 31, 2024SEC
RPCRidgepost Capital, Inc.Feb 6, 20253:52 PM ET13G/A8.90%4.86M shares–Dec 31, 2024SEC