Fenimore Asset Management Inc
Long book
$4.48B
Q1 2026
Positions
92
Top-10 weight
40%
concentration
Last quarter
+10.0%
SPY +14.8%
Turnover
10%
of book per quarter
Strategy in plain words
auto-generated from filingsFenimore Asset Management Inc is a diversified fundamental manager, running a $4.48B US long book across 92 positions.
The portfolio is moderately concentrated (top 10 ≈ 40% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: ROSS STORES INC, AMPHENOL CORP-CL A, VULCAN MATERIALS CO, STRYKER CORP, FASTENAL CO.
Over the last 9 quarters its long book ran on average 2.8pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-3.7%
Q2 2024
+9.0%
Q3 2024
-1.9%
Q4 2024
-0.3%
Q1 2025
+6.2%
Q2 2025
+0.6%
Q3 2025
-2.3%
Q4 2025
-2.8%
Q1 2026
+10.0%
Sector allocation
Technology 21%
Financials 17%
Consumer discretionary 17%
Industrials 16%
Healthcare 7%
Services media 7%
Materials 5%
Real estate 4%
Long book by quarter
What does Fenimore Asset own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| ROST ROSS STORES INC | Consumer discretionary | 1.4M | $295.4M | 6.6% | -11.0% |
| APH AMPHENOL CORP-CL A | Technology | 1.6M | $195.9M | 4.4% | -6.9% |
| VMC VULCAN MATERIALS CO | Materials | 656.6K | $178.8M | 4.0% | -1.5% |
| SYK STRYKER CORP | Healthcare | 519.5K | $170.7M | 3.8% | -1.1% |
| FAST FASTENAL CO | Consumer discretionary | 3.7M | $169.8M | 3.8% | -2.5% |
| MKL MARKEL GROUP INC | Financials | 86.6K | $165.8M | 3.7% | -1.9% |
| KEYS KEYSIGHT TECHNOLOGIES IN | Technology | 537.8K | $151.8M | 3.4% | -15.2% |
| IEX IDEX CORP | Industrials | 798.1K | $151.3M | 3.4% | -2.6% |
| ADI ANALOG DEVICES INC | Technology | 474.4K | $150.9M | 3.4% | -4.1% |
| TT TRANE TECHNOLOGIES PLC | Technology | 351.5K | $146.5M | 3.3% | -11.1% |
| BRO BROWN & BROWN INC | Financials | 2.2M | $145.0M | 3.2% | +1.8% |
| BN BROOKFIELD CORP | Real estate | 3.4M | $139.1M | 3.1% | -10.6% |
| AJG ARTHUR J GALLAGHER & CO | Financials | 566.8K | $122.8M | 2.7% | +59.9% |
| PGR PROGRESSIVE CORP | Financials | 550.4K | $109.1M | 2.4% | -1.7% |
| AZO AUTOZONE INC | Consumer discretionary | 31.9K | $107.8M | 2.4% | -2.8% |
| CDW CDW CORP/DE | Consumer discretionary | 891.1K | $107.8M | 2.4% | -22.6% |
| ITW ILLINOIS TOOL WORKS | Industrials | 389.5K | $101.4M | 2.3% | -1.5% |
| GGG GRACO INC | Industrials | 1.1M | $92.7M | 2.1% | -1.6% |
| MCHP MICROCHIP TECHNOLOGY INC | Technology | 1.4M | $91.5M | 2.0% | -2.0% |
| LSTR LANDSTAR SYSTEM INC | Industrials | 566.1K | $90.7M | 2.0% | +16.4% |
| HEI/A HEICO CORP-CLASS A | Industrials | 428.6K | $90.5M | 2.0% | -1.9% |
| EXLS EXLSERVICE HOLDINGS INC | Services media | 2.8M | $84.0M | 1.9% | -0.5% |
| BKNG BOOKING HOLDINGS INC | Industrials | 19.8K | $83.4M | 1.9% | -0.9% |
| AME AMETEK INC | Technology | 359.2K | $77.0M | 1.7% | -2.3% |
| ZBRA ZEBRA TECHNOLOGIES CORP-CL A | Industrials | 355.5K | $74.3M | 1.7% | -1.1% |
| STE STERIS PLC | Healthcare | 326.6K | $72.2M | 1.6% | -0.5% |
| PNFP PINNACLE FINANCIAL PARTNERS | Financials | 825.4K | $71.1M | 1.6% | New |
| A AGILENT TECHNOLOGIES INC | Healthcare | 558.4K | $63.6M | 1.4% | -6.2% |
| RSG REPUBLIC SERVICES INC | Utilities | 285.0K | $62.4M | 1.4% | -1.9% |
| ENTG ENTEGRIS INC | Other | 497.8K | $58.4M | 1.3% | -9.7% |
| BR BROADRIDGE FINANCIAL SOLUTIO | Services media | 347.9K | $56.5M | 1.3% | +7.5% |
| MLM MARTIN MARIETTA MATERIALS | Materials | 88.3K | $52.0M | 1.2% | -1.8% |
| CTAS CINTAS CORP | Other | 284.6K | $48.1M | 1.1% | +1.8% |
| SPGI S&P GLOBAL INC | Services media | 111.0K | $47.2M | 1.1% | New |
| BAM BROOKFIELD ASSET MGMT-A | Financials | 917.9K | $40.8M | 0.9% | -2.1% |
| VRSK VERISK ANALYTICS INC | Technology | 206.9K | $39.3M | 0.9% | +10.0% |
| JKHY JACK HENRY & ASSOCIATES INC | Technology | 215.1K | $34.0M | 0.8% | -2.5% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 42 | $30.2M | 0.7% | Held |
| WSO WATSCO INC | Consumer discretionary | 81.0K | $29.5M | 0.7% | +33.0% |
| RYAN RYAN SPECIALTY HOLDINGS INC | Financials | 724.8K | $24.5M | 0.5% | +2525.0% |
| CIGI COLLIERS INTL GR-SUBORD VOT | Real estate | 226.9K | $24.3M | 0.5% | +2.1% |
| AVY AVERY DENNISON CORP | Other | 137.8K | $23.8M | 0.5% | -4.2% |
| TRRSF TRISURA GROUP LTD | — | 666.0K | $20.8M | 0.5% | -2.7% |
| PAYX PAYCHEX INC | Services media | 222.1K | $20.5M | 0.5% | -47.8% |
| FSV FIRSTSERVICE CORP | Real estate | 144.2K | $20.0M | 0.4% | -3.8% |
| HLI HOULIHAN LOKEY INC | Financials | 138.5K | $19.9M | 0.4% | +12.0% |
| SITE SITEONE LANDSCAPE SUPPLY INC | Consumer discretionary | 148.2K | $19.7M | 0.4% | -2.5% |
| CHH CHOICE HOTELS INTL INC | Services media | 188.9K | $19.6M | 0.4% | -2.3% |
| CBZ CBIZ INC | Services media | 682.2K | $18.3M | 0.4% | +50.7% |
| EXPO EXPONENT INC | Services media | 259.1K | $16.9M | 0.4% | -2.9% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 92 | $4.48B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 2, 2026 | 92 | $4.80B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 20, 2025 | 91 | $4.99B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 22, 2025 | 90 | $5.01B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 14, 2025 | 91 | $4.72B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 21, 2025 | 94 | $4.76B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 97 | $4.96B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 96 | $4.57B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 30, 2024 | 97 | $4.73B | canonical | SEC ↗ |
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